August 13, 2020

The Daily Bankruptcy News

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Law:

Salaries and job rates up for 2019 law grads, reaching highest point since Great Recession
(DBN)

When Billable Hours Are Scarce, Partners Get to Work First • Partners' Gain Is Associates' Pain as Hours Move Upstream
(DBN)

Leading Restructuring Lawyer James Donnell Joins McGuireWoods in New York and Houston
(DBN)

New Lawyer Salaries Crept up in 2019, but COVID-19 Is Likely to Stymie More
(DBN)

Record-Breaking Employment Rate For Law School Class Of 2019 Stopped Dead In Its Tracks By Pandemic
(DBN)

Job Search Lessons For Law School Grads From Someone Who Survived The Great Recession
(DBN)

Overall Demand Down for Big Law, But Rate Growth Hits All-Time High. Why?
(DBN)

No, Law School Isn’t A Great Place To Wait Out A Recession
(DBN)

Starting A Law Firm Is Not An Easy Solution For Unemployment
(DBN)

Already Out of the Office, Talent Flocks to Distributed Firms
(DBN)

When People Say The Bar Exam Protects The Public, Which ‘Public’ Are They Talking About?
(DBN)

Stein Mart taps Foley & Lardner, Hermitage nets Proskauer in latest COVID bankruptcies
(DBN)

Michael Flynn Case Has Become a Farce
(DBN)

Bill Barr: You Can't Sue Me
(DBN)

Military officials in extraordinary Trump letter
(DBN)

Multnomah County DA: Most Portland Protesters Won't Face Charges, Deserve To Be Heard
(DBN)

Minnesota Prosecutors Move to Join Trials of All 4 Ex-Cops Charged in George Floyd’s Death
(DBN)

Head of Black policing group confronts Barr over denial of systemic racism in law enforcement
(DBN)

KKK 'President' Sentenced to Six Years for Driving Through Group of Black Lives Matter Protesters
(DBN)

A reparations program could cost the U.S. government $12 trillion
(DBN)

Judge Hands Ghislaine Maxwell Another Loss in Fight over Sealed Epstein Documents
(DBN)

Florida sheriff bans employees from wearing masks • Florida Sheriff Prohibits Mask-Wearing for Employees and Office Visitors
(DBN)

Convicted of a crime that never occurred? It happens all too often, law prof says
(DBN)

County holds jury trial by Zoom, possibly nation’s first • Justice by Zoom in Texas: Frozen video, a cat - and finally a verdict • Virtual Criminal Jury Test in Texas Paves Way for Sequels
(DBN)

The Disparate Financial Impact of the American Justice System
(DBN)

______________

Judges:

Invitation for Public Comment on the Reappointment of U.S. Bankruptcy Judge Laura S. Taylor
(DBN)

U.S. Bankruptcy Judge Mike K. Nakagawa of the District of Nevada Reappointed
(DBN)

Judge refuses to wear face mask and has ordered lawyers to remove theirs, public defender group says
(DBN)

Lawyer who called female judge’s opinion ‘succubustic’ sues over potential ethics charges
(DBN)

Big Law Gets Nod in Latest Batch of Planned Trump Judicial Picks
(DBN)

Trump Nominates Former Clarence Thomas Clerk Who Graduated Law School in 2012 to Lifetime Judgeship
(DBN)

After possibly being exposed to coronavirus in Allegheny Co. Courthouse, local attorney dies from it • Russ Broman, Longtime Allegheny County Assistant District Attorney, Dies Of Coronavirus • Prosecutor in critical condition with COVID-19 had filed an OSHA complaint
(DBN)

Ethics Complaint Accuses Judge of Using 'Climax of Sex' Analogy to Teach Prosecutor How to Question Witness
(DBN)

______________

Wall Street:

Stock futures edge lower after S&P 500 closes just under a record
(DBN)

To the Brink and Back in 175 Days: The S&P 500 Rallies to Record
(DBN)

Millennials expect the highest investment returns of any generation, study finds
(DBN)

Big Brother is watching traders at home in the coronavirus era
(DBN)

______________

Layoffs:

My employees took pay cuts instead of layoffs. We're doing better than ever.
(DBN)

Stein Mart files for bankruptcy, lays off ‘substantial number’ of employees
(DBN)

Two More Mass Layoffs Show the Depths of COVID-19’s Impact on Oregon’s Economy
(DBN)

Haynes International lays off more workers
(DBN)

Mayor Peduto says hundreds of city employees facing layoffs if no federal funding
(DBN)

Goodbye to Bartenders: Robots Could Soon Make Your Drink
(DBN)

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Healthcare:

Amid COVID-19 crisis, some Oklahoma hospitals continue suing patients over unpaid bills
(DBN)

America's flying blind on its coronavirus response
(DBN)

Accuracy of U.S. coronavirus data thrown into question as decline in testing skews drop in new cases
(DBN)

Covid-19 Data Reporting System Gets Off to Rocky Start
(WSJ)

COVID-19 is spreading in Hawaii at a faster rate than anywhere else in the nation
(DBN)

U.S. reports highest number of virus deaths in 1 day since mid-May
(DBN)

Six new coronavirus cases detected in small Alaskan town where almost everyone lives in the same building
(DBN)

Coronavirus Grips Midwest Rural Areas That Had Been Spared
(WSJ)

Modelers Warn Baltimore, Boston, and Chicago Could Be Next COVID-19 Hot Spots
(DBN)

Long after the fire of a Covid-19 infection, mental and neurological effects can still smolder
(DBN)

Why does COVID-19 strike some and not others? Fauci sees an answer in new study
(DBN)

Expired and gently used N95 masks can block coronavirus particles just as well as new ones, new research shows
(DBN)

N95 respirators can be sanitized using crockpots and rice cookers, study finds
(DBN)

What it’s like to be in a coronavirus vaccine trial
(DBN)

New Hampshire issues new mask mandate ahead of motorcycle rally: "Sturgis was a clear warning sign to us"
(DBN)

This is what it looks like in Sturgis, South Dakota, where hundreds of thousands of unmasked bikers are partying like the coronavirus isn't real
(DBN)

Colombia arrests Florida men accused of selling fake COVID cure that allegedly killed 7 people
(DBN)

False coronavirus information isn't just a nuisance, it could be deadly. At least 800 people have died as a result of misinformation about the virus that spread online during the first 3 months of the year, study finds.
(DBN)

Putting on weight slows blood flow to the brain, increasing Alzheimer’s risk
(DBN)

____________

Food/Beverage:

6 national restaurant chains in deepest trouble amid COVID-19 include Outback Steakhouse, IHOP and Denny's
(DBN)

The odds that a restaurant will default fell to 10% in July from 35% in April, according to S&P Global Market Intelligence
(DBN)

As plexiglass barriers become the future of indoor dining, experts worry they may not be enough
(DBN)

SF restaurant’s $200-per-person dome is America’s problems in a plastic nutshell
(DBN)

How Pizza Hut franchisee's bankruptcy can pose a supreme challenge • How NPC International's bankruptcy reflects risks to franchisors
(DBN)

____________

Gig Economy:

Uber CEO says it may have to shut down temporarily in California • For Uber, the ‘Stall Game’ Averts a Reckoning Over Driver Pay
(DBN)

Lyft president says it may have to suspend service in California • Lyft reports dramatic revenue drop of 61% but points to uptick in rides in July
(DBN)

Airbnb revenue tanks 67% in second quarter; IPO planned for 2020
(DBN)

____________

Tech:

Amazon is chockfull of products promoting the far-right QAnon conspiracy theory even as fellow tech giants like Facebook, TikTok, Google, and Twitter crack down
(DBN)

____________

Climate:

Ditching fossil fuels would pay for itself through clean air alone
(DBN)

____________

Awards:

TMA Announces Winners of the 2020 TMA Turnaround and Transaction of the Year Awards
(DBN)

____________

Retailing:

Stein Mart files for Chapter 11 bankruptcy and says all 281 of its stores could close • Stein Mart Files for Bankruptcy in Latest Sign of Retail Turmoil • Stein Mart lead independent director: Chapter 11 bankruptcy was ‘an extremely difficult decision’ • Stein Mart files for bankruptcy as analysts forecast pressure on usually-robust off-price retail • Bankrupt Stein Mart To Close Nearly All Stores, Even As Online Home Goods Sales Soar • After Straying From Its Roots And Battling Retail Changes, Stein Mart Is Reaching Its Final Sale
(DBN)

Owner of Aeropostale, Forever 21, Juicy Couture set to buy Brooks Brothers for $325 million • Bankrupt Brooks Brothers Finds a Buyer • Brooks Brothers, bankrupt in pandemic, says it has a buyer
(DBN)

Simon Property Group sets sights on next bankrupt retailer
(DBN)

Amazon Is Having a Very Good Pandemic
(DBN)

Grocery workers say morale is at an all-time low: 'They don't even treat us like humans anymore'
(DBN)

JC Penney Says Buyer Search Is 'In The Red Zone' • J C Penney : Landlords Nearing Deal to Buy Bankrupt Retailer -- Update • J.C. Penney Plods On In Talks Toward Sale Deal
(DBN)

These 5 Iconic Retailers Bankrupt by the Pandemic May Get a Second Life
(DBN)

____________

Newspapers:

NY Daily News Closing Newsroom But NOT Closing Paper, Says They Will Continue to Publish, “No Layoffs”
(DBN)

____________

Movie Theaters:

AMC Theaters plans to reopen more than 100 locations in the US starting August 20th
(DBN)

____________

Maritime:

Caveat Lender: Bankruptcy Considerations for Shipping Lenders
(DBN)

____________

Mass Torts:

Mass Tort Anticommons and the Bankruptcy Superposition
(DBN)

____________


Economy:

A full economic recovery will be 'very difficult' as long as COVID-19 remains a threat, Fed president Rosengren says
(DBN)

US Job Openings Surging
(DBN)

Unexpected jump in consumer prices shows the economy is healing • Cleveland Fed: Key Measures Show Inflation increased Year-over-year in July • U.S. inflation quickened in July on costs of vehicles, apparel • BLS: CPI increased 0.6% in July, Core CPI increased 0.6% • Don't Sweat a Temporary Spike in Inflation
(DBN)

U.S. Inflation Is Even Higher for Consumers Who Are Over Age 62
(DBN)

The Physical Economy Is Done
(DBN)

Small-Business Rescue Program Ends With $134 Billion Unspent
(DBN)

A $2 Trillion Credit Boom Leaves America’s Smaller Firms Behind
(DBN)

Companies Should Grab Cash Now Because a Grim Winter is Coming
(DBN)

Trump administration cuts unemployment-benefit boost to $300 after state backlash • Trump’s $300 unemployment boost may take a month to arrive — if it comes at all
(DBN)

No stimulus deal in sight as Pelosi says Dems, White House are ‘miles apart’ • Pelosi on state of coronavirus stimulus talks: "It's a chasm" • Mnuchin's latest overture to Pelosi goes nowhere, relief talks quickly • Dueling cable news hits are the closest congressional leaders have come to negotiating a pandemic relief bill this weekderail • Mnuchin Pushes for Limited Stimulus as Talks Remain Stalemated • Pelosi: 'People will die' if coronavirus stimulus talks drag into late September • If Congress can't reach an agreement by Friday, Americans probably won't see a 2nd stimulus check until September at the earliest • Trump, Pelosi Make Opposing Economic Bets in Stimulus Standoff
(DBN)

What Economists Fear Will Happen Without More Unemployment Aid
(DBN)

Fed's Daly Says Loss of Enhanced Unemployment Benefits Creates a 'Hole' in Spending
(DBN)

Harris wants U.S. to give Americans $2,000 a month during pandemic, a contrast with Biden's measured approach
(DBN)

Trump grabs 'third rail' of politics with payroll tax pause
(DBN)

Trump Admits He'll End Social Security • Mnuchin: Social Security Safe with Us • Trump’s latest Social Security con
(DBN)

July tax filings helped boost revenue, but U.S. budget deficit is tipping toward $3 trillion for 2020
(DBN)

U.S. Budget Deficit Shrinks From Year Ago on Tax Deadline Shift
(DBN)

Early Look at 2021 Cost-Of-Living Adjustments and Maximum Contribution Base
(DBN)

The best (and worst) countries for raising a family
(DBN)

Just 6 states meet these basic criteria to reopen and stay safe
(DBN)

Boston Fed chief: States’ rush to reopen slowed US recovery • Fed officials blame U.S. failures on virus for sapping recovery
(DBN)

Millennial moms forgo work three times more than dads due to lack of child care
(DBN)

Gender wealth gap increasing amid pandemic, women's financier says
(DBN)

Nearly half of young people have lost income due to the crisis, UN study finds
(DBN)

One chart shows just how badly young adults are getting slammed by the coronavirus recession
(DBN)

‘If It Wasn’t For This We’d Probably Go Hungry’: Car Line Stretches More Than A Mile At Food Giveaway
(DBN)

REI's new outdoorsy eight-acre campus to be sold as the retailer embraces remote work • REI to Sell Its Never-Used Headquarters Campus Outside Seattle
(DBN)

Most Americans now fear touching cash, survey says
(DBN)

What Southeast Asia is teaching us about a post-pandemic world
(DBN)

3 charts show China is far from meeting ‘phase one’ trade commitment to the U.S.
(DBN)

Coronavirus makes for a brutal quarter for smaller US companies
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

Low-income borrowers are least likely to know about mortgage relief
(DBN)

Median home prices grew in 96% of metros during Q2
(DBN)

Manhattan Apartment Rents Plunge 10% in Pandemic-Fueled Exodus
(DBN)

Houston Real Estate in July: Sales Up 25% YoY, Inventory Down 19% YoY
(DBN)

Catskills Town Leads U.S. in Rising Home Prices With NYC Exodus
(DBN)

New Yorkers keep moving out of the city to suburbs, other states
(DBN)

Important Update Regarding Florida’s Moratorium on Evictions and Foreclosures
(DBN)

'I'm totally confused:' The CEO of America's largest mall operator laments lost rent payments and lashes out at states that kept malls closed while Costco stayed open
(DBN)

____________

Oil/Gas:

Remora Petroleum and Affiliates File in BK SD TX - First Day Dec
(DBN)

Hermitage Offshore Files for Chapter 11 Bankruptcy • Hermitage Offshore Files Bankruptcy Due to Prolonged Market Slump
(DBN)

Operator for Long Beach’s oil islands declares bankruptcy, keeps pumping
(DBN)

Saudi Arabian oil giant Aramco plans huge spending cut for 2021
(DBN)

IEA sees lower oil demand in 2020, 2021 on upsurge of coronavirus cases • IEA cuts oil-demand forecasts as air travel outlook darkens
(DBN)

Oilfield Service Companies Are Bailing On The Permian
(DBN)

____________

Politics:

In choosing Kamala Harris, Biden may have found the anti-Trump • How Kamala Harris resembles Mike Pence • Trump donated to Kamala Harris twice as a private citizen • Sarah Palin offers advice to Kamala Harris after Biden picks her as VP • Where Kamala Harris stands on coronavirus masks, stimulus checks and more • Kamala Harris’s controversial record on criminal justice, explained • Trump Family Repeatedly Donated to Kamala Harris's Campaigns. Now They’re Calling Her a ‘Phony.’ • Harris' background undercuts Trump's efforts to woo Indian American voters • Tucker Carlson's mangling of Kamala Harris's name was all about disrespect • Fox News threw everything but the kitchen sink at Kamala Harris • Wall Street Democrats Rejoice at Biden’s Pick of Kamala Harris • Biden’s Smart Pick for Vice President Tells Us a Lot • Harris lays blame for the state of the coronavirus pandemic in the US at Trump's feet • Kamala Harris is No Moderate • Biden Sees Surge In Fundraising Following Harris Vice President Announcement
(DBN)

Biden lays a trap for Trump in picking Harris
(DBN)

Biden leads Trump in 5 of 6 battleground states: poll
(DBN)

Fox News host baselessly claims that 'something's going to happen' to Joe Biden, forcing her colleague to walk her comment back
(DBN)

After Complaining About Problems Washing His ‘Beautiful Hair,’ Trump Rolls Back Showerhead Efficiency Requirements
(DBN)

Trump leans into off-the-wall race-baiting in remarks about American suburbs as Biden's electoral fortunes rise
(DBN)

The White House is reportedly weighing whether Trump can sidestep Congress and cut taxes on his own • Mnuchin, Kudlow Say Congressional Vote Needed for Capital Gains Cut
(DBN)

Trump encourages North Carolina supporters to vote by mail, as he attacks voting by mail
(DBN)

GOP congressman condemns QAnon after conspiracy theorist wins Georgia runoff • Republicans risk legitimizing QAnon now • The Republican Party just took another step toward a dangerous conspiracy theory • Trump and top House Republican embrace candidate who promoted QAnon conspiracy theory • In the Republican Party, the inmates are running the asylum • QAnon Destroys Lives. Now It Wants Congress
(DBN)

Kanye West Is Polling at Just 2% With Black Voters • Kanye West Had Private Meeting with Jared Kushner and Ivanka Trump
(DBN)

States shield mail-in voting from postal delay under Trump glare
(DBN)

Top conservatives helped amplify Russian misinformation: report
(DBN)

New Mexico Republicans to pay 'special tribute' to militia founded by neo-Confederate, alongside Cowboys for Trump leader who said Black athletes should 'go back to Africa'
(DBN)

So Far 38 Confederate Monuments Are Gone
(DBN)

____________

Banking:

Big Banks Hire 19,000 With Pandemic Boosting Demand for Services
(DBN)

____________

Personal Finance:

Recessions lead people to make big money mistakes
(DBN)

____________

Sports:

Big Ten, Pac-12 postpone football as ACC, SEC, Big 12 don't
(DBN)

College Football Shutdown Puts $1.2 Billion in TV Ads at Risk
(DBN)

SEC commissioner is on one side of college football's divide, but he's not burning bridges
(DBN)

College football's chaos is only the beginning of our second wave of sports despair
(DBN)

Sports betting in the age of coronavirus
(DBN)

NFL would consider Saturday games if there's no college football in the fall
(DBN)

Jerry Jones promises 'grace' as he and Cowboys discuss kneeling during national anthem
(DBN)

Jerry Jones: Cowboys will play in front of fans in 2020, will possibly use 'pod' formula at AT&T Stadium
(DBN)

Washington's NFL team to play home games without fans this season
(DBN)

The Kentucky Derby will allow spectators in the stands, but capacity is capped at 14%
(DBN)

____________

Cannabis:

Nevada plant breeder seeks bankruptcy protection, cites pandemic delays
(DBN)

____________

Education:

New Jersey governor allows schools to reopen for in-person learning • Murphy Backs Off Classroom Mandate After Union Calls It Unsafe
(DBN)

Trump Turns Up Pressure to Open Schools With White House Event
(DBN)

Covid-19 in the classroom becomes stark reality for parents who've sent their children back to school
(DBN)

Trump says U.S. is sending 125 million masks to schools across nation
(DBN)

Schools Reopenings Are Not Going Well
(DBN)

Hundreds Quarantined in Schools That Followed Trump’s Advice
(DBN)

US mother killed while daughter takes first day of Zoom lessons
(DBN)

Dr. Sanjay Gupta: Why I am not sending my kids back to school
(DBN)

College towns fear super-spreader semester as students descend
(DBN)

Poll: America's confidence in public school system jumps amid pandemic
(DBN)

Coronavirus Testing Good Enough For Trump’s Golf Buddies, Not Needed For Schoolchildren, Apparently
(DBN)

The number of Americans training to become teachers has dropped by a third since 2010, and it's creating a critical educator shortage that will affect every state
(DBN)

Georgia school district remains divided on in-person schooling after viral photo and coronavirus cases
(DBN)

As German students return to crowded classrooms, fears meet cautious optimism
(DBN)

NYC mayor said 700,000 students are ready to come back to school this fall. Really?
(DBN)

School reopenings credit positive for NYC, state, says Moody’s
(DBN)

____________

 
New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (41 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (33 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)

______________

Bankruptcy Statistics:

Experts see a flood of bankruptcy filings on the horizon, and Delaware could be the epicenter
(DBN)

US bankruptcies are on track to hit a 10-year high as the coronavirus pandemic continues to slam businesses
(DBN)

Deluge of business bankruptcies filed in Houston region continues
(DBN)

These 29 retailers, including Lord & Taylor and Men's Wearhouse owner, have filed for bankruptcy or liquidation in 2020
(DBN)

______________

Crypto:

Recovery by ICO Token Investors May Be Challenged in Bankruptcy
(DBN)

____________

Bankruptcy Strategy:

Ground Rules When Facing Imminent Restructuring
(DBN)

____________

Sales:

Assets May Be Sold in Bankruptcy Free and Clear of Successor Liability
(DBN)

____________

Claim Allowance:

Eighth Circuit Rules that Bankruptcy Code's Cap on Lease Damage Claims Applies to Fraudulent Transfer Judgment
(DBN)

____________

Avoidance Actions:

Bolstering the Majority Rule: Bankruptcy Court Holds that Adjudication of Avoidance Liability Is Prerequisite to Disallowance of Transferee's Claim Under Section 502(d)
(DBN)

____________

Venue:

Companies Lease Offices in New York Suburb to Pick Bankruptcy Judge
(WSJ)

____________

Interest:

Oversecured Creditor's Right to Contractual Default-Rate Interest Allowed Under State Law
(DBN)

____________

Force Majeure:

Force Majeure Clause Triggered by Pandemic Shutdown Order Partially Relieves Chapter 11 Debtor from Timely Paying Postpetition Rent
(DBN)

____________

Valuation:

Secured Creditor's "Net Economic Damages" Estimate of Disputed Claims "Plainly Insufficient" to Establish Collateral Value
(DBN)

____________

Setoff:

Another Bankruptcy Court Joins the Majority Camp on Post-Plan Confirmation Setoff
(DBN)

____________

SCOTUS:

U.S. Supreme Court Bankruptcy Roundup
(DBN)

____________

Safe Harbors:

Expanding the Scope of the Bankruptcy Safe Harbor for Securities Transactions
(DBN)

____________

Aviation:

More than 200 aviation companies double-dipped into federal pandemic payroll aid
(DBN)

United Airlines to Debut Florida Nonstops in Bet on Winter Blues
(DBN)

Nearly 1 million Americans plan to fly to Florida over Labor Day weekend. An epidemiologist warns they could undo efforts to contain COVID-19 just before schools reopen.
(DBN)

What a touch-free airplane bathroom is going to look like
(DBN)

Southwest CEO Sees Airline Posting First Annual Loss Since 1972
(DBN)

South Africa Hires RMB to Advise on Possible Airline Stake Sale
(DBN)

Richard Branson’s Travel Empire Is Crumbling. Only Space and Hyperloop Can Save It.
(DBN)

Ravn is bankrupt and selling off assets, but still wants to give chief executive a bonus
(DBN)

Cathay Pacific, Singapore Airlines will ‘inevitably’ take longer to recover: Analyst
(DBN)

Kumho, Asiana creditors willing to accept 4-wk fresh due diligence from HDC Hyundai
(DBN)

Virgin bondholders vow to repay Bain, Sherrard breaks cover
(DBN)

Brazilian airline Azul reaches deal to cut aircraft leasing costs
(DBN)

Boeing's 737 Max will soon be taking passengers again as it finishes getting recertified to fly – here's what you need to know
(DBN)

____________

Autos:

Hertz Selling More New Shares Than It Is Renting Cars
(DBN)

With handshakes barred and an economy in trouble, a car salesman tries to seal the deal
(DBN)

Departure of GM CFO highlights ongoing ‘brain drain’ problem for auto industry
(DBN)

____________

Pharma:

Purdue judge upholds Sacklers’ litigation shield as bankruptcy talks continue
(DBN)

The Covid-19 pandemic could be the last straw for high drug costs
(DBN)

____________

Fraud:

Law School Dean Charged With Theft In Scholarship Scandal
(DBN)

College tipster who sparked U.S. sting gets a year for own crime
(DBN)

Former MyPayrollHR CEO Michael Mann pleads guilty in company's collapse
(DBN)

Wirecard’s Jan Marsalek Added to Interpol’s Most Wanted List
(DBN)

____________

Travel:

They’re Desperate For Money, But Travel Companies Remain Reluctant To Advertise
(DBN)

____________

UK:

Britain plunges into deep recession, with steep job losses and Europe's highest virus death toll
(DBN)

U.K. Cuts Virus Death Toll With 28-Day Limit for Positive Tests
(DBN)

U.K.’s Economic Dilemma Is Mass Layoffs or Addiction to Aid
(DBN)

____________

EU:

A New European Restructuring Landscape
(DBN)

____________

Canada:

Ontario’s Projected Deficit to Nearly Double to $29 Billion
(DBN)

____________

MENA:

Half of Beirut's health-care centers are out of commission after the explosion • COVID-19 risks overwhelming Beirut as blast knocks out hospitals • Beirut urgently needs aid, but residents fear the state's involvement will make matters worse
(DBN)

____________

Hong Kong:

More than half of HK’s small and independent restaurants face closure amid social-distancing rules, survey finds
(DBN)

____________

Thailand:

Thailand Premier Sees Worst Economic Crisis Lasting Through 2021
(DBN)

____________

Finland:

Finland Backtracks on Forcing Quarantine on Most Travelers
(DBN)

____________

Norway:

Norway Tightens Travel Rules Further Amid Covid-19 Resurgence
(DBN)

____________

France:

French Jobless Numbers Conceal Size of Shock to Labor Market
(DBN)

Paris Palaces Face Gloomy Future
(DBN)

____________

Latin America:

Latin America will see ‘record-breaking contraction’ due to coronavirus, Goldman says
(DBN)

____________

Germany:

Concerns grow over rising COVID-19 infections in Germany • Germany’s New Virus Cases Up Most in More Than Three Months
(DBN)

____________

Argentina:

After 146 Days in Lockdown, Argentina’s Virus Problem Is Getting Worse
(DBN)

____________

Sweden:

Sweden urged to reboot virus strategy amid fears of resurgence
(DBN)

____________

South Africa:

A Top Investor Says South Africa is in Debt-Trap ‘Twilight Zone’
(DBN)

South Africa’s Ramaphosa Prepares to Ease Lockdown Restrictions
(DBN)

South Africa Retail Sales Drop Again Even as  Lockdown Eased
(DBN)

____________

Japan:

The Impact of COVID-19 on Bankruptcy Proceedings in Japan
(DBN)

____________

Singapore:

Schemes Of Arrangement Under The Insolvency, Restructuring And Dissolution Act
(DBN)

The Omnibus Is Finally Here: Changes To Singapore’s Insolvency Laws
(DBN)

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The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
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