April 8, 2020

The Daily Bankruptcy News

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Law:

Am Law Top 50 Firm Cuts Partner Compensation In Half Over COVID-19 Concerns
(DBN)

Not Content With Staff Furloughs, Am Law 100 Firm Follows Up With Across-The-Board Pay Cuts
(DBN)

A Spike in Revenue, Followed by Pay Cuts: Arent Fox Reflects the Industry's Turn
(DBN)

Associate Furloughs And Other Cost-Cutting Measures At This Am Law 200 Firm
(DBN)

The COVID Crisis Law Firm Layoff Tracker: What’s Your Firm Doing To Survive?
(DBN)

Every Summer Associate Program Change In One Chart
(DBN)

Cahill Summer Associates Get Full Time Jobs as Program Suspended
(DBN)

Top Law School Changes Course On Grading Policy, Gets With The Program
(DBN)

Will Universities, Colleges, And Law School Campuses Be Open In Fall 2020?
(DBN)

Hey, Can Someone At Harvard Law School Check In On Adrian Vermeule?
(DBN)

Greenberg Traurig, Baker McKenzie Add Bankruptcy Lawyers
(DBN)

Just Take The Damn Bar Exam!!!!!
(DBN)

Jonathan Turley Doesn’t Understand All Your Crazy Sounding Ethnic Food!
(DBN)

Choose Your Own Adventure: 2 Possible Dates For Fall 2020 Bar Exam
(DBN)

You’ve Been Served: Court Notices Carry New Risks Amid Virus
(DBN)

Space Crime Allegation Leads to Charges Against Astronaut’s Ex-Wife
(DBN)

DOJ to Fed Prosecutors: Pursue Chinese Intellectual Property Cases
(DBN)

Warren joins senators seeking new Deutsche Bank details on Trump
(DBN)

'Extraordinarily Disturbing': Former Watchdogs Sound Off on Trump's Denigration of Inspectors General Senators to Seek Explanation From Trump of Watchdog’s Firing
(DBN)

Pandemic Leads to Shunning and Shaming in Small Towns
(DBN)

Police Say Woman Sprayed Walmart Cashier In Eyes Because Of Item Limit
(DBN)

A ‘Liberty’ Rebellion in Idaho Threatens to Undermine Coronavirus Orders
(DBN)

Irish Police Freed to Arrest Easter Travelers on Virus Fear
(DBN)

Hundreds gather for rabbi’s funeral, defying social distancing
(DBN)

‘Couple-Spreading’ Is Making Lockdown Walking a Nightmare. Here Is the Solution to Street Selfishness.
(DBN)

Jail for Woman Who Spit at Cop, Saying He Should Die of Corona
(DBN)

Walmart faces wrongful death lawsuit from the family of an employee who died after contracting the coronavirus Wrongful death suit alleges Walmart failed to protect employee who died from COVID-19 Walmart Sued for Wrongful Death After Allegedly Ignoring Employee’s COVID-19 Symptoms for Weeks
(DBN)

Murder-Suicide Occurred After Man Feared He and Woman Had COVID-19 (Autopsies Proved They Didn’t): Deputies
(DBN)

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Judges:

Administrative law judge is accused of insubordination and suspended for footnotes
(DBN)

Judge Infected With Coronavirus: 'Please Stay Home'
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Wall Street:

Stock futures point to flat open after a volatile session for markets Stocks slide after eurozone fails to agree COVID response
(DBN)

Stocks close down after roller-coaster day.
(DBN)

Billionaire Bill Ackman says he considered liquidating his whole portfolio as the coronavirus rocked markets
(DBN)

UBS Says Stale Estimates Mask a Much Bigger S&P 500 Profit Slump
(DBN)

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Layoffs:

IATA: 25 million aviation jobs at risk if severe travel restrictions last for three months
(DBN)

Furloughs surpass 1 million with T.J. Maxx adding to retail toll
(DBN)

Cookeville hospital confirms approximately 400 layoffs amid coronavirus pandemic
(DBN)

Honda to Stop Paying Furloughed U.S. Workers for Three Weeks
(DBN)

Kennedy Center Drops Furlough of Musicians as They Accept Pay Cuts
(DBN)

Restaurant software provider Toast cuts 50% of staff as coronavirus forces eateries to close
(DBN)

Tesla to furlough workers, cut salaries amid coronavirus shutdowns: report
(DBN)

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Aviation:

Millions of aviation jobs at risk, airlines can't afford refunds: IATA
(DBN)

Airfare Refunds Hinge on Whether Carrier or Flyer Cancels First
(DBN)

Global Airline Industry May Now Need A $1 Trillion Bailout
(DBN)

Alaska's RavnAir may face bankruptcy fight over jets grounded by coronavirus Alaska attorney general says borough’s bid to seize Ravn’s assets is “counterproductive” and “void” Carriers scramble to fill void left by Ravn bankruptcy
(DBN)

Southwest Airlines is building its June flight schedule to reflect 'different phases of recovery'
(DBN)

Boeing Finds New Software Flaws on 737 Max
(DBN)

IATA Says Nations Must Avoid Post-9/11 Travel Mayhem After Virus
(DBN)

Low-cost airlines seeking aid get break on minimum flight rule
(DBN)

Figure of $6.5 Billion in Loans for Air France KLM 'Not Unrealistic': Minister
(DBN)

With the commercial aviation industry in a nosedive, the Defense Department offers airlines a lifeline
(DBN)

Hainan Airlines calls bondholders for meeting on plan to defer debt repayment amid liquidity squeeze
(DBN)

Lufthansa to Scale Back Wide-Body Fleet, Close Germanwings Unit
(DBN)

This European Airline CEO Says There Will Be No Quick Fixes
(DBN)

Airport Parking Planes Out of Service
(DBN)

Airline industry cannot go into life support
(DBN)

With skies empty, aviation industry runs out of adjectives for its agony; recovery only after a year
(DBN)

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Politics:

Wisconsin may be the start of the 2020 election wars Wisconsin Voters Defy Stay-At-Home Orders With Polls Open Wisconsin's GOP speaker defends holding election while draped in PPE Wisconsin’s Election Day is a public health disaster
(DBN)

Grisham out as West Wing press secretary without having held a briefing Kayleigh McEnany will replace Stephanie Grisham as White House press secretary Trump’s new press secretary has a history of birtherism and wildly inaccurate coronavirus takes
(DBN)

Nearly 3 In 4 Americans Think President Trump Should Wear Protective Mask
(DBN)

Trump blames WHO for getting coronavirus pandemic wrong, threatens to withhold funding Trump threatened to cut off funding to the WHO, saying 'they seem to always err on the side of China' even though 'we fund it'
(DBN)

400,000 cases later, Trump defends his February claim that the coronavirus was going away on its own
(DBN)

Reporter at White House briefing with ties to China raises alarms for GOP
(DBN)

A timeline of how years of missteps and budget cuts undermined the Trump administration's preparedness for COVID-19
(DBN)

Pressure Mounts to Remove Thomas Modly, Acting Navy Secretary, for Rebuking Virus-Stricken Carrier Crew Pentagon Ordered Navy Chief’s Apology for Slamming Carrier Captain Trump's Navy secretary resigns a day after he described fired carrier captain as 'too naïve or too stupid'
(DBN)

‘I’m out in the public eye’: Chicago mayor rebukes criticism for getting haircut during coronavirus shutdown
(DBN)

Photos and videos show Wisconsin voters trying to socially distance in line at the polls to cast ballots during pandemic
(DBN)

'Stunning lack of judgment:' An Illinois mayor apologized after his wife was found partying at an illegally open bar, violating the state's stay-at-home order
(DBN)

Another Perfectly Timed Stock Dump by Sen. Richard Burr Raises Eyebrows
(DBN)

MS: Gov. Declares Confederate Heritage Month
(DBN)

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Retailing:

Gap Cancels Orders from Vendors Amid Coronavirus Pandemic
(DBN)

Neiman Marcus Inches Closer to Bankruptcy
(DBN)

JCPenney, Sears, Nieman Marcus and JCrew could collapse from the coronavirus recession
(DBN)

GNC To Shutter 900 Stores, Facing Possible Bankruptcy in 2020
(DBN)

Pier 1 considers bid that would close over 800 stores
(DBN)

Workers at essential businesses like Staples, Costco, and Wendy's say they're insulted by 'pathetic' rewards of pizza, free lunches, and candy, as they beg for sick leave and hazard pay during the pandemic
(DBN)

'This is absolutely shameful': Workers are forced to clean up discarded gloves and used masks as shoppers litter in parking lots across America
(DBN)

A major grocer is pushing to classify its employees as first responders, giving them priority for testing and protective gear
(DBN)

At least 4 grocery store employees across the US have died of the coronavirus. Their union is demanding sanitary working conditions, protective gear, and hazard pay for these essential workers.
(DBN)

Senate Democrats Propose Hazard Pay for Essential Workers
(DBN)

Macy's CFO departs amid period of unprecedented retail upheaval
(DBN)

Falling Shipments Suggest Coronavirus Upending Retail Life Cycle
(DBN)

Waltons Grow Richer Than Ever With Recession-Resilient Walmart
(DBN)

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Education:

Financial hits pile up for colleges as some fight to survive
(DBN)

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Celebs:

Celebrities reveal new sides during virus, but face backlash
(DBN)

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Telecoms:

Some Verizon customers say they can't get internet installed or repaired until November as the company quietly cancels in-person service
(DBN)

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Personal Finance:

Six ways to handle the worry that comes when you’re laid off
(DBN)

Are you newly eligible for credit card assistance? Consider this before you skip a payment
(DBN)

My husband and I have lost about 30% of our income to the coronavirus, but with our 5-step plan we should manage just fine
(DBN)

Kids Won’t Stop Fighting? A Bouncer, a Therapist and a Referee Have Advice
(DBN)

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Religion:

Cardinal George Pell’s Sex-Abuse Conviction Overturned by The Australian High Court Cardinal George Pell’s Acquittal Was as Opaque as His Sexual Abuse Trial
(DBN)

Pastor vows to continue church services amid COVID-19 emergency. Landlord makes sure that won’t happen, changes building’s locks and calls police.
(DBN)

Trump admin will allow churches, other religious organizations to receive federal aid to pay salaries and bills
(DBN)

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Nursing Homes:

Nursing Home Presuming All 800 Residents And Staff Have Coronavirus
(DBN)

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Food/Beverage:

Pence Tells U.S. Food Workers to ‘Do Your Job’ as Some Fall Ill
(DBN)

Logan’s Roadhouse fires employees, closes 261 locations
(DBN)

A 16% Leveraged Loan Is Painful But Necessary
(DBN)

Panera Bread is selling groceries as restaurant sales plummet
(DBN)

Online meal delivery firms knocked off course by coronavirus crisis
(DBN)

America's food heroes
(DBN)

Grocery prices are rising as eat-at-home demand soars during the coronavirus pandemic
(DBN)

Food banks rely on donations from grocery stores. But as Texans rush stores, grocers have less to give.
(DBN)

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Utilities:

Judge refuses to approve fire victims letter attacking PG&E
(DBN)

PG&E bankruptcy judge won’t approve attempt to halt fire victim votes
(DBN)

PG&E Faces Accusations of Double Crossing Wildfire Victims
(DBN)

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Cruise Lines:

Carnival surges 27%, extends 2-day surge to 53%, after Saudi fund announces a stake in the company Saudi Fund’s Bargain Buy of Carnival May Turn Out to Be Pricey
(DBN)

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Funeral Services:

America's funeral homes buckle under the coronavirus
(DBN)

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Transit:

Public transit's death spiral
(DBN)

‘Shut It Down’: MTA Drivers Worried About COVID-19, Say Riders Now ‘Mostly Homeless And Sick People’
(DBN)

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Autos:

Worst Isn’t Over for General Motors, Deutsche Bank Says in Cut
(DBN)

Tesla to cut pay as much as 30% while virus idles production
(DBN)

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Climate:

U.S. Slashes Carbon Emissions Forecast as People Stay Home
(DBN)

World’s Dirtiest Air Gets Cleaner After India’s Lockdown
(DBN)

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Movies:

AMC Theatres Bankruptcy Rumors Grow, But That Move Wouldn’t Be The End Of The Chain Or The Biz
(DBN)

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Fashion:

Fashion will survive, but many of the designers at the heart of the industry might not
(DBN)

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Economy:

Kudlow says White House begins planning to 're-open' economy
(DBN)

The "Square Root Recovery"
(DBN)

Trump Team Preps Plans to Reopen Economy That Depend on Testing Virus Still Rages as Trump Eyes Economic Reboot
(DBN)

When Will It be Time to Reopen America?
(DBN)

U.S. Labs Face Crisis After Crisis Despite Improvements in Testing
(DBN)

New York governor looks to antibody testing as a potential means to get people back to work
(DBN)

U.S. Job Openings Were Elevated Before Virus Spurred Layoffs BLS: Job Openings decreased to 6.9 Million in February
(DBN)

U.S. Consumer Credit Jumped in February Before Virus Hit
(DBN)

Optimism Among U.S. Small Businesses Plummets by Most Ever
(DBN)

Fed Survey Exposes Perilous State of Small-Business Finances
(DBN)

More Than 1 Billion Workers Face ‘Drastic’ Hit From Virus
(DBN)

The Evidence Mounts That the Global Recession Is Already Here
(DBN)

The coronavirus outbreak will forever change the world economy
(DBN)

Biden Says Coronavirus Damage Could ‘Eclipse’ Great Depression
(DBN)

Bernanke rejects Great Depression comparisons as he says GDP could slump by 30% Bernanke Doesn’t See V-Shaped U.S. Recovery After Steep Fall
(DBN)

Pandemic Will Not Reshape History
(DBN)

Mapping the Covid 19 Recession
(DBN)

Reduced dividends, softer growth and an economy haunted by zombie companies is a post-pandemic future says this fund manager
(DBN)

The CEO who built Cisco into a powerhouse has a sobering coronavirus diagnosis: At least 9 months of economic pain
(DBN)

Navarro memos warning of mass coronavirus death circulated in January White House Officials Viewed Peter Navarro’s Early Warnings about Coronavirus as ‘Alarmist’ Trump said “nobody could have predicted” coronavirus. White House memos show his advisers did.
(DBN)

Corporate America is taking a huge hit from the coronavirus. These lawyers, bankers, and investors stand to gain the most from the chaos.
(DBN)

US small business rescue runs into difficulties
(DBN)

Many small businesses are being shut out of a new loan program by major banks
(DBN)

Virus Relief Lands at Some Small Firms, Yet Hurdles Remain
(DBN)

Banks Blame U.S. Rules for Snarling New Borrowers’ Virus Loans
(DBN)

Larry Summers says the US relief package would be hard to execute by the most competent government, calling the US government one 'run like a highly opportunistic family real-estate business'
(DBN)

Trump Praises Banks for Expanding Assistance to Small Businesses
(DBN)

Want a Virus Disaster Loan Fast? Easy, If You’re in California
(DBN)

White House in talks to add $200bn to small business fund
(DBN)

Phase 4 Disaster Relief
(DBN)

Jim Cramer says there is a key difference between the 'coronavirus recession' and Great Recession
(DBN)

Jim Cramer: Economy ‘will bounce back gradually,’ predicting a ‘U’ shape recovery
(DBN)

Why Bankers Don't Want to Lend to Your Local Hair Salon
(DBN)

McConnell Says Senate May Pass More Small Business Aid This Week
(DBN)

Here's why millions of Americans are struggling to file for unemployment benefits at a time when they've never been more generous
(DBN)

The Trump administration is trying to shove a bunch of worthless tax cuts for rich people into the next coronavirus aid bill
(DBN)

Tariff worries hit record high amid coronavirus outbreak
(DBN)

Colorado Governor Polis Extends Stay-At-Home Order Until April 26 Amid COVID-19 Spread
(DBN)

Trump removes watchdog overseeing rollout of $2 trillion coronavirus bill Trump removes independent watchdog for coronavirus funds, upending oversight panel
(DBN)

Truckers warn supply chain in jeopardy
(DBN)

The 30 highest-paying jobs in America
(DBN)

'We'll be the only ones left': Gen X says they're better prepared for the coronavirus pandemic than any other generation
(DBN)

Virus haunts the destitute living on the margins
(DBN)

Across Europe and North America $56 Billion of Dividends Dropped
(DBN)

CEOs Ditching Dividends Should Consider Their Pay, Investors Say
(DBN)

Ray Dalio Still Thinks ‘Cash Is Trash’ as Printing Presses Roll
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

U.S. Mortgage Borrowers Stop Making Payments With Economy Shut
(DBN)

CoreLogic: House Prices up 4.1% Year-over-year in February
(DBN)

Las Vegas Real Estate in March: Sales up 6.5% YoY, Inventory down 17% YoY
(DBN)

Coronavirus Cooling Texas Real Estate
(DBN)

Requests to suspend or reduce mortgages surged more than 3,000% in March as homeowners sought relief from the coronavirus slowdown
(DBN)

DocuSign CEO says it has not seen slowdown in activity among real estate clients
(DBN)

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Municipalities:

Soaring Bond Yields Drive States, Cities to Buy Back Own Debt
(DBN)

Illinois Faces Rising Risk of Cut to Junk Over Pandemic Hit
(DBN)

Democrats Push for Fed to Buy Low-Rated Muni Debt to Ease Strain
(DBN)

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Oil/Gas:

Oil Companies Warn Kansas City Fed of Widespread Insolvencies
(DBN)

Oil And Gas Cos. Must Prepare For Counterparty Bankruptcies
(DBN)

Energy Companies Contemplating Repurchase of Discounted Debt Should Carefully Analyze Corporate, Securities Law and Tax Considerations
(DBN)

Preparing for a Joint Venture Partner’s Bankruptcy in the Aftermath of COVID-19 and an Oil Price Collapse
(DBN)

Oil Holds Below $25 on Worries an Output Cut Won’t Be Big Enough
(DBN)

Led By Harold Hamm, America’s Oil Frackers Are Slashing Output
(DBN)

OPEC Can't Killed US Shale
(DBN)

US cuts oil production forecast through 2021 — padding the crushed market before a critical OPEC meeting
(DBN)

Russia Skeptical of U.S. Contribution to Global Oil-Cuts Deal
(DBN)

A Saudi-U.S.-Russia Oil Deal Is Not a Good Idea
(DBN)

IEA boss won't let Big Oil off the hook
(DBN)

U.S. cuts forecast for 2020 oil output ahead of OPEC+ meetng
(DBN)

Permian Producer Says 20% Texas Output Cut Might Not Be Enough
(DBN)

Trump Forced by Oil War Into Unthinkable Push for Higher Prices
(DBN)

Shale Spending Sinks as Exxon Cuts More Than Double Anyone Else
(DBN)

Trump ally highlights US oil cuts as White House pushes for Russia-Saudi curbs
(DBN)

U.S. Natural Gas Output Expected to Fall by Most Ever Next Year
(DBN)

SandRidge Energy hires fifth CEO since bankruptcy as it looks to survive current energy bust
(DBN)

Plains cuts third of budget as pipeline operators feel market pressure
(DBN)

COVID-19 Is Killing Oil And Gas But The Virus Could Also Poison Renewables
(DBN)

Need Oil Storage? One Firm Suggests Bagging It Like Boxed Wine
(DBN)

One Nation Wants to Double Oil Drilling Just as Prices Crash
(DBN)

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Healthcare:

Quorum Health Files for Chapter 11 Bankruptcy Quorum Health Hits Ch. 11 With Plan To Cut $500M Of Debt Quorum Health files for bankruptcy Quorum files for bankruptcy Quorum’s 24 Hospitals Face Bankruptcy Amid Covid-19 Pressure
(DBN)

States, Providers Brace for `War Zone’ in Next Coronavirus Wave
(DBN)

Family physicians provide telehealth care at risk of bankruptcy
(DBN)

Americans Don Masks Haltingly or Not at All Despite CDC Advice
(DBN)

Fauci says people should 'just forget about shaking hands' even after the coronavirus threat is over
(DBN)

More Countries Are Embracing Face Masks After Initial Reluctance
(DBN)

L.A. orders customers, workers to wear face coverings as coronavirus protection
(DBN)

The Shelves Are Empty, the Test Swabs Are Gone
(DBN)

FactCheck: Feds Built 18 Hospitals
(DBN)

Health Care Provider Says GEICO Alleged Fraudulent Billing without Proof, Engaged in 'Systematic Fraud'
(DBN)

Hospitals Got $100 Billion in the Stimulus Package. But A Lot of That Could Go Toward Administrative Costs
(DBN)

How a small Georgia city far from New York became one of the worst coronavirus hotspots in America
(DBN)

Teen pilot flies medical supplies to rural hospitals
(DBN)

US coronavirus cases top 400,000, doubling in one week COVID-19 case tally: 1.43 million cases, 82,220 deaths Coronavirus Deaths to Surge in U.S., France as Rampage Continues
(DBN)

Top Health Officials Predict Lower Death Tolls
(DBN)

New York's coronavirus curve may be close to flattening
(DBN)

Why New Yorker Deaths are 12 Times Higher Than California's
(DBN)

US County with the Highest Death Rate
(DBN)

Despite Trump Claims of Coronavirus ‘Fake News,’ HHS Hospital Survey Reflects What We See on TV Unusable masks, expired supplies, and shortages of thermometers: Here's exactly what's in the government coronavirus report that Trump dismissed as 'wrong' Trump slams HHS watchdog for report on hospital shortages, rips WHO
(DBN)

New Coronavirus Drug Shows Promise in Animal Tests
(DBN)

Ivermectin Kills Coronavirus in 48 Hours
(DBN)

Everything we know about the coronavirus, from who's most at risk to where new cases are spreading
(DBN)

Louisiana cancer-ridden county known for toxic air pollution tops NYC for highest coronavirus death rate
(DBN)

Houston hasn't reported a surge of coronavirus cases. But its hospitals tell a different story.
(DBN)

CDC Director Attributes Reduced Coronavirus Death Toll to Better-than-Expected Social Distancing Compliance
(DBN)

Cuomo projects plateau in hospitalizations as coronavirus deaths surge ‘A lot of pain.’ NY has biggest 1-day jump in virus deaths
(DBN)

Ten times as many New Yorkers are dying in their homes than normal and they aren’t being tested for COVID-19
(DBN)

An ER nurse in Detroit, with 700 colleagues who already caught COVID-19, describes the pressures of working on the front line
(DBN)

New Jersey Has Biggest One-Day Increase in Coronavirus Deaths
(DBN)

Brace Yourself for Waves of Coronavirus Infections
(DBN)

Plasma from coronavirus survivors found to help severely ill patients The immune system’s fight against the coronavirus Why 'recovering' from coronavirus is more complicated than just feeling better Coronavirus treatments: A list of the most promising medical treatments for COVID-19 Why Some Get Really Sick with Covid 19 Is the coronavirus airborne? It’s complicated.
(DBN)

Michigan Democratic lawmaker says hydroxychloroquine saved her life The French Connection: Trump Family Trusts Are Invested in Hydroxychloroquine Maker The evidence for using hydroxychloroquine to treat Covid-19 is flimsy Former FDA leaders decry emergency authorization of malaria drugs for coronavirus Mayo Clinic cardiologist: 'Inexcusable' to ignore hydroxychloroquine side effects Trump’s promotion of unproven drugs is cause for alarm, but not because he’s making money off it
(DBN)

Despite Promises, Testing Delays Leave Americans ‘Flying Blind’
(DBN)

Birx avoids treating her grandchild with high fever, cites fear of infecting Trump
(DBN)

WHO Warns of Severe Global Shortage of Nurses Trump says WHO ‘blew it’ on coronavirus and China restrictions
(DBN)

At least 5 countries — including a poor Caribbean island — are accusing the US of blocking or taking medical equipment they need to fight the coronavirus
(DBN)

Racing to Contain Virus in World's Slums
(DBN)

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Sports:

What a postponed NFL season would mean for TV advertising
(DBN)

No one knows when the coronavirus sports shutdown will end
(DBN)

FIFA sees 'duty' to help as pandemic ravages soccer finances
(DBN)

NBA players could refund millions to owners, sources say
(DBN)

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Student Debt:

24 private student loan lenders that may help you with payments during the COVID-19 outbreak
(DBN)

Warren, Brown, Colleagues Urge Student Loan Companies to Immediately Provide Relief to Private Student Loan Borrowers During the Coronavirus Pandemic
(DBN)

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Cannabis:

COVID-19: Federal Relief Assistance Leaves Most Cannabis Businesses In The Weeds
(DBN)

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Banking:

Stress Tests Still Happening, Banks To Get Special Treat If They Pass
(DBN)

Wells Fargo forced to close loan applications due to asset cap
(DBN)

Banks Turn Against Congress’s Virus Relief From Loan-Loss Rule
(DBN)

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Mail:

Trump blames internet companies, including Amazon, for Postal Service struggles
(DBN)

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Hotels:

Airbnb guests say the company is making it hard to collect refunds for coronavirus cancellations
(DBN)

Airbnb in Talks to Raise More Debt Amid Global Crisis
(DBN)

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Events:

U.F.C. 249, Skirting Coronavirus Limits, Is Set for Tribal Land in California
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (143 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

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Litigation:

Observers Say Litigation Finance Poised for Hard Times
(DBN)

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Miscellaneous:

Bankruptcy Considerations in Light of COVID-19 Pandemic
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Committees:

Why Unsecured Creditor Committees Matter
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Jurisdiction:

Third Circuit Ruling on Constitutional Authority of Bankruptcy Courts Can Provide Guidance for the Looming Wave of COVID-19 Cases
(DBN)

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Bankruptcy Reform:

Coronavirus Aid, Relief, and Economic Security Act Expands the Scope of the Small Business Reorganization Act
(DBN)

CARES Act: Bankruptcy Relief for Small Businesses
(DBN)

COVID-19 Crisis Prompts Changes to Bankruptcy Code Concerning Debtors, Consumers and Businesses
(DBN)

Congress Expands Small Business Bankruptcy Relief in Historic Coronavirus Aid Bill
(DBN)

CARES Act Expands Small Business Reorganization to Enterprises with Up to $7.5 M in Debt
(DBN)

Streamlined Chapter 11 Proceedings Now Available to a Broader Range of Debtors After CARES Act Expands SBRA Eligibility
(DBN)

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D&O:

D&O Insurance Renewals: What Corporate Policyholders Need to Know in the “New Normal”
(DBN)

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Workouts:

The Workout Journey: Seven Rules for the Road (Lender’s Perspective)
(DBN)

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LLCs:

Fourth Circuit Distinguishes LLC Membership Interests From Economic Interests In A Security Agreement Conveyance
(DBN)

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Bankruptcy Strategy:

Coronavirus Pandemic Portends Heightened Risk of Financial Distress, Potential Changes in Restructuring Market
(DBN)

How to Use and Not Use Chapter 11 in Bad Economic Times
(DBN)

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Debt Repurchase:

Navigating Discounted Debt Repurchases
(DBN)

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Professional Compensation:

$608.34 for Fee Apps for Opposed Motions for Relief – thumbs down.
(DBN)

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Tourism:

Photos show rows of thousands of rental cars parked in a Hawaiian sugar cane field after the coronavirus pandemic halted tourism
(DBN)

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Sovereigns:

Lebanon’s Unusual Pari Passu Clause and the Question of How to Construct Credible Priority
(DBN)

Social groups urge mass debt relief for poor countries hit by virus crisis
(DBN)

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UK:

UK rejects Trump offer to help Boris Johnson's treatment Johnson ‘stable’ and ‘in good spirits’: Downing Street UK leader Boris Johnson spends a second night in intensive care with coronavirus Queen Elizabeth II Wishes Boris Johnson a ‘Speedy Recovery’ as U.K. Prime Minister Remains in Intensive Care Shock within Westminster at Johnson’s rapid deterioration Dominic Raab steps into UK’s constitutional breach
(DBN)

U.K. Coronavirus Hospital Deaths Mount Faster Than Data Can Show
(DBN)

English Court Enforces Russian Bankruptcy Law
(DBN)

U.K. Businesses Struggle to Access Cash Promised by Government
(DBN)

Brexit Negotiators Want To Start Talking Despite Virus Setbacks
(DBN)

U.K. Reports Its Deadliest Day Yet With 786 Coronavirus Deaths
(DBN)

To Fight Coronavirus, U.K. Asked for Some Volunteers. It Got an Army.
(DBN)

The UK health system is so overwhelmed that a hospital is converting all its theaters for coronavirus patients, and nurses have panic attacks because they can't cope with the stress
(DBN)

Most U.K.-Made Ventilators Won’t Arrive in Time for Virus Peak
(DBN)

Deprived Of Customers, UK Farmers Throw Away Milk UK dairy farmers on the brink: Industry leaders in urgent plea to government for support
(DBN)

Canterbury Cathedral waives rent for commercial tenants for two months
(DBN)

British Retailer Debenhams Set for Bankruptcy as Stores Remain Shut Due to Coronavirus
(DBN)

____________

EU:

EU Fails to Agree on 500 Billion-Euro Response to Virus Crisis EU Fails to Rally Behind Recovery Plan, Clouding Way Forward European stocks fall on grim economic forecasts and EU failure to agree a pandemic recovery plan
(DBN)

Europe’s Trial and Error Shutdown Leaves Trail of Costly U-Turns
(DBN)

____________

PIIGS:

Spain moves toward universal income amidst pandemic
(DBN)

Spain dismisses daily death spike as blip but extends lockdown Spanish Coronavirus Deaths, New Cases Rise The Most in Four Days
(DBN)

‘The Strength of Ordinary People.’ The Creative Ways Italians Are Supporting Each Other During Their Coronavirus Lockdown
(DBN)

Italy Reports Fewest New Coronavirus Infections Since March 13
(DBN)

Italy’s Reopening Plan Advances in Test for Europe’s Virus Exit
(DBN)

Portugal Will Keep Schools Closed During April, President Says
(DBN)

ECB Helps Greek Plans for New Debt to Fight Virus Pandemic
(DBN)

____________

Canada:

Energy Firms in ‘Dire Condition’ Need Aid Soon: Alberta Minister
(DBN)

Business skeptical of Trudeau’s 75% pay subsidy
(DBN)

Alberta's Kenney sees negative oil prices, $20 billion deficit
(DBN)

Alberta Premier Sees 25% Unemployment in Canada’s Oil Heartland
(DBN)

____________

Austria:

How Do You Lift a Covid-19 Lockdown? Ask Austria
(DBN)

____________

Taiwan:

Taiwan shows up China, sending hard-hit countries lifesaving coronavirus supplies
(DBN)

____________

Australia:

Insolvency and bankruptcy law changes to prop up businesses during coronavirus
(DBN)

SAS Global enters bankruptcy-like status
(DBN)

First Australian Bank Defers Dividend After Regulator Intervenes
(DBN)

Australia Set to Pass Record $80 Billion Jobs-Rescue Plan
(DBN)

____________

New Zealand:

New Zealand sets sights on coronavirus elimination after 2 weeks of lockdown
(DBN)

____________

Hong Kong:

Hong Kong Extends Closure of Bars, Gyms to Quash Resurgent Virus
(DBN)

Hong Kong to Unveil Additional $3.9 Billion Stimulus, SCMP Says
(DBN)

____________

Latin America:

Avoiding insolvency, and worse, in the covid-19 crisis
(DBN)

Fragile Latin America faces another lost decade, and maybe worse
(DBN)

____________

India:

India Panel to Recommend Partial Lifting of Lockdown
(DBN)

A case against suspending IBC amidst Covid-19 crisis
(DBN)

India Can’t Count on Banks to Lead Virus Recovery
(DBN)

____________

Germany:

Germany’s New Coronavirus Infections Rise Most in Three Days
(DBN)

German Institutes See Economy Shrinking Nearly 10% This Quarter
(DBN)

____________

MENA:

Pakistan Scrambles to Quarantine 100,000 Who Attended Muslim Event
(DBN)

____________

Indonesia:

Jakarta Orders Offices to Close, Bans Gatherings to Combat Virus
(DBN)

____________

Japan:

Japan's March Bankruptcies Rise as Coronavirus Halts Business
(DBN)

Japan Declared a Coronavirus Emergency. Is It Too Late?
(DBN)

Japan’s Economy in Emergency Set to Shrink 25%, Goldman Says
(DBN)

Sentiment Plunges to a Record Low on Japan’s Main Street
(DBN)

____________

Turkey:

Turkey Orders All Citizens to Wear Masks as Infections Rise
(DBN)

____________

Finland:

Central Bank Now Forecasts Worst Recession in a Century
(DBN)

____________

Thailand:

Thailand’s Resort Island of Phuket Now Its Coronavirus Hotspot
(DBN)

____________

China:

China Braces for Wave of Soured Loans With New Bad-Debt Manager
(DBN)

China Spokesman Defends Virus Tweets Criticized by Trump
(DBN)

Here are the lessons the West should learn from China's COVID-19 exit strategy to avoid disaster
(DBN)

Lockdown lifted in Wuhan, but web of restrictions remains
(DBN)

Chaos and Joy at Wuhan Airport as Doctors Take First Flights Out
(DBN)

China’s virus pandemic epicenter Wuhan ends 76-day lockdown
(DBN)

Luckin Fraud May Put Lasting Stain on China Inc. Listings
(DBN)

China Debates Slashing Economic Growth Target Amid Virus Reality
(DBN)

____________

France:

COVID-19: The adaptation of French bankruptcy law to the crisis
(DBN)

Paris Bans Exercise as Lockdown Tightens
(DBN)

France Reports Fewer New Virus Cases as Deaths Rise Sharply
(DBN)

Luxury goods giants LVMH and Kering are backtracking on a plan to accept government assistance for staff
(DBN)

French Economy Shrinks Most Since WW II
(DBN)

____________

Norway:

Norway Starts Easing Restrictions With Virus Seen as Under Control
(DBN)

____________

Singapore:

Singapore Proposes Banning All Gatherings Anywhere
(DBN)

The battle against coronavirus will last a ‘very long time,’ says Singapore minister
(DBN)

Singapore Expands Quarantine Rules For All Returning Residents
(DBN)

____________

Sweden:

Sweden, which refused to implement a coronavirus lockdown, has so far avoided a mass outbreak. Now it's bracing for a potential surge in deaths Swedish Government Given Extra Powers to Fight Coronavirus
(DBN)

____________

Brazil:

Economic Growth Engine Turns Weak Link in Virus-Stricken Brazil
(DBN)

____________

Venezuela:

Venezuela elites still party in pandemic
(DBN)

____________

South Africa:

South African Banks Urged to Withhold Future Dividends, Bonuses
(DBN)

South Africa Business Confidence Slumps to Seven-Month Low
(DBN)

South African Property Owners Plan Relief for Retail Tenants
(DBN)

____________


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