July 2, 2020

The Daily Bankruptcy News

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View prior case summaries: Click Here
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Format For Mobile Device

Due to the Independence Day holiday, The Daily Bankruptcy News will not publish on Friday July 3, 2020



Law:

As Firms Emerge From Quarantine, Some Furloughed Staff Won’t Be Joining Them
(DBN)

O’Melveny Appoints New Head of Bankruptcy Litigation Practice O’Melveny Names Peter Friedman Chair of Bankruptcy Litigation Group as Wave of Insolvencies Approaches
(DBN)

Lawyers accused of throwing Molotov cocktail in NYPD vehicle during protest to be rereleased on bail 2nd Circuit affirms bond for 2 lawyers charged in Molotov cocktail attack
(DBN)

In light of COVID-19 public health interests, 2 more states opt for online bar exams
(DBN)

Florida Cancels Summer Bar Exam Because… *Gestures At Everything*
(DBN)

As COVID Surges, States Still Planning On Superspreader Bar Exams This Month
(DBN)

States Should Permanently Change Legal Practice Rules Due To COVID-19
(DBN)

Sunset for Washington Access to Justice Program Stuns Students
(DBN)

"It's Difficult for Women to Speak Up in Virtual Meetings"
(DBN)

These 2 Biglaw Firms Are Racing Up The Rankings
(DBN)

Halfway Through 2020
(DBN)

Partner Up And Quits Her Job Because Biglaw Is The Worst
(DBN)

Biglaw Firms Complete Big-Money Merger During Pandemic
(DBN)

Pandemic Pushes Law Firm Mergers to Near 10-Year Low
(DBN)

Former Sanitation Worker Hopes To Clean Up At Harvard Law
(DBN)

A Skadden Associate is Raising Millions in His Fight Against ALS
(DBN)

St. Louis lawyer who waved gun at protesters says he was 'victim of a mob' Opening Up The Above The Law Mailbox… Of Hate Mail!
(DBN)

Owner of Ice Cream Parlor, Accused of Using Racial Slurs, Arrested for Pointing Pellet Gun at Protesters
(DBN)

NYPD cops retreat from City Hall protesters after early morning clash
(DBN)

Hollywood and the Police: A Deep, Complicated and Now Strained Relationship
(DBN)

LA City Council approves first step in replacing LAPD with community responders for non-violent calls
(DBN)

Seattle police move to clear protest zone Wednesday after mayor's executive order
(DBN)

City: Officer charged after forcing handcuffed man to ground
(DBN)

Sheriff vows to deputize gun owners if protests turn violent
(DBN)

CEOs of America's large firms push for police reform 200 CEOs from companies like Apple, Amazon, and Walmart just gave Congress their plan for reforming police — and they want it done by August
(DBN)

County, Probing New Cluster, Uses Subpoenas as People Resist Contact Tracing
(DBN)

Police Officer, Who Was Charged with Domestic Abuse, Tried to Buy 'Murder Kit': Prosecutor
(DBN)

Judge Sets Trial Date for Former Minnesota Cops in Alleged Murder of George Floyd
(DBN)

Hotel apologizes after white employee calls cops on Black guests using pool
(DBN)

White Guy Confronts Black Female Neighbor
(DBN)

Judge Orders Virginia Giuffre’s Lawyers to ‘Destroy’ Their Jeffrey Epstein Files, Bars Dershowitz from Accessing Them Mystery Jeffrey Epstein statue found in Albuquerque
(DBN)

Federal judge strikes down Trump asylum rule targeting Central Americans
(DBN)

Appeals Court Deals Trump Family a Big Setback in Dispute Over Book by President’s Niece New York appeals court clears the way for a publisher to distribute tell-all book by President Trump’s niece
(DBN)

Harvey Weinstein: Some accusers denounce $19m 'sellout' settlement
(DBN)

'At a Complete Loss': Trump Buries Omarosa with Hundreds of Additional Counts in NDA Dispute Attempted 'Ban' of Mary Trump's Book Is 'an Unacceptable Affront to the First Amendment,' Free Speech Groups Say
(DBN)

Georgia Sheriffs Conduct Meth Raid, Find Klan Robes, Pen Greatest Social Media Post Ever
(DBN)

Owning Our History, Especially The Ugly Parts
(DBN)

America’s Enduring Caste System
(DBN)

100-mph car chase ends with suspect driving over cliff, into ocean
(DBN)

Child marriage is "extremely prevalent" in U.S.: "The cycle perpetuates across generations"
(DBN)

Biden Says 600 Lawyers Will Guard Against Election ‘Chicanery’
(DBN)

‘Disturbingly inappropriate’ emails bring suspension for former judge and lawyer
(DBN)

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Judges:

Wave of bankruptcies may swamp courts
(DBN)

Federal judge steps down from chief judgeship after comment about Black official
(DBN)

Trump supporters hope to use conservative anger at Roberts as energizing moment for troubled campaign
(DBN)

Trump’s Aggressive Court Reshaping Fuels Liberal Voter Campaigns
(DBN)

Immigration judges sue Trump over free-speech violations Immigration Judges Sue Justice Department Over Broad Speech Ban
(DBN)

Social conservatives feel betrayed by the Supreme Court — and the GOP that appointed it
(DBN)

Chemerinsky: Gorsuch wrote his ‘most important opinion’ in SCOTUS ruling protecting LGBTQ workers
(DBN)

Clarence Thomas AND Samuel Alito Mulling Retirement According Conservative Wishcasters White House Reportedly Sees Clarence Thomas as Most Likely to Retire This Year; McConnell Has a ‘Favorite’ Lined Up
(DBN)

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Wall Street:

Dow futures up more than 200 points after Nasdaq hits record to start third quarter
(DBN)

US stocks close mixed as traders weigh vaccine progress against disappointing jobs data
(DBN)

How Hertz Fooled Amateur Investors
(DBN)

______________

Layoffs:

Networks of self-driving trucks are becoming a reality in the US
(DBN)

Accenture Cuts Up to 900 Jobs as Pandemic Takes Toll on Demand
(DBN)

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Politics:

Trump-backed five-term Republican lawmaker loses primary to challenger who praised QAnon conspiracy
(DBN)

MAGA powerhouse caught using N-word, slurs throughout secret accounts
(DBN)

Life, Liberty and Face Masks: A Virus Preys On a Divided America
(DBN)

Trump dismisses Russian bounty allegations as a 'hoax' Trump calls Russian bounty reports 'fake news' as his national security adviser says options were prepared Russia did pay extremists to attack US soldiers in Afghanistan, according to 3 separate Taliban sources Bolton Declines to Say If He Briefed Trump on Russia Bounties White House won't retaliate over Kremlin bounty reports Donald Trump calls revelation of Russian bounties for dead Americans 'a made up by fake news hoax' - but his own national security advisor reveals it was in president's brief but he wasn't verbally told because it was 'unverified' National security adviser says Trump’s CIA briefer decided not to share Russia bounty intel Russian Bounties for Killing Americans Go Back Five Years, Ex-Taliban Claims Trump Sows Doubt as Russia Denials Diverge From Aides’ Actions
(DBN)

Trump denounces 'Black Lives Matter' mural outside Trump Tower Trump says painting 'Black Lives Matter' on Fifth Avenue 'a symbol of hate'
(DBN)

Trump, in a hole, digs deeper into racial incitement
(DBN)

White Supremacy Ties to US Christianity
(DBN)

Fearing an election loss, Trump allies push him to be less polarizing
(DBN)

Trump campaign backs off in-person events as coronavirus cases pick up Trump campaign still contending with fallout from Tulsa rally
(DBN)

Trump doubts national coronavirus mask mandate is needed
(DBN)

It's starting to fall apart
(DBN)

What President Joe Biden would do to stop Covid-19
(DBN)

Trump's white evangelical approval slips, Pew finds, but 82 percent still likely to vote for him
(DBN)

Trump campaign snips and cuts Democrats' remarks in misleading ad on violence
(DBN)

Trump regrets Kushner advice
(DBN)

Trumpism, not polarization, drives America’s disastrous coronavirus politics
(DBN)

Joe Biden Extends Lead As Coronavirus, Protests Sink President Trump Job Approval: IBD/TIPP Poll
(DBN)

Biden Edges Out Trump With $141 Million Fundraising Haul in June
(DBN)

GOP senators debate replacing Columbus Day with Juneteenth as a federal holiday
(DBN)

Boston removing statue depicting freed slave kneeling before Lincoln
(DBN)

What persuades Southerners to take down Confederate symbols? Hearing it's good for business.
(DBN)

Descendants of Confederate Generals Happy to See Names Go
(DBN)

Confederate Stonewall Jackson statue removed in Richmond; city says others will come down 'soon'
(DBN)

We Don’t Need Old Monuments To Great Killers, We Would Be Better Off With Statues Of Great Visionaries
(DBN)

Rand Paul Is Right About Experts
(DBN)

____________

Newspapers:

McClatchy expects multiple bids, judge delays ruling on creditors’ request to pursue claims
(DBN)

____________

Tech:

Facebook nears a tipping point when it comes to moderating hate speech
(DBN)

Over 400 Advertisers Hit Pause On Facebook, Threatening $70 Billion Juggernaut Facebook Twitter Flipboard Email Facebook Is Hemorrhaging Advertisers Over Its Failure to Moderate Hate Speech
(DBN)

Zuckerberg: Not Going to Change for Boycotters
(DBN)

Twitter removes an image tweeted by Trump for violating its copyright policy
(DBN)

____________

Retailing:

J.C. Penney Works to Stay the Course
(DBN)

Nordstrom cuts 6,000 jobs, reduces workforce nationwide amid 40% decrease in sales
(DBN)

Macy’s sees potential ‘regional flare-ups’ of coronavirus hurting sales
(DBN)

Macy’s Takes $3.1 Billion Charge as Pandemic Stymies Retail
(DBN)

Macy’s posts nearly $4 billion in losses, doesn’t expect another shutdown
(DBN)

Michael Kors Owner Expects Roughly 70% Plunge in Quarterly Sales
(DBN)

J. Hilburn Set to Become One of the First Retailers to Emerge from Pandemic-Induced Bankruptcy
(DBN)

Apple is re-closing 30 more stores in the US as coronavirus cases have spiked across the country
(DBN)

Sears will have just 1 department store left in N.J. after 2 more to permanently close
(DBN)

Sears exploring sale of home improvement business
(DBN)

Rewiring The House With The Electricity On: Five Predictions About What's Next For Retail
(DBN)

____________

Nursing Homes:

Trump plan to kill ACA threatens struggling nursing homes
(DBN)

____________

Education:

Yale to Hold Almost All Courses Online Next Semester Amid Virus
(DBN)

College faculty members fight to teach remotely
(DBN)

____________

Tourism:

The Global Tourism Industry’s Losses May Exceed $1.2 Trillion
(DBN)

____________

Marketing:

Austin’s Mood Media to file for bankruptcy protection
(DBN)

____________

Coal:

Beyond Blackjewel: The impact of the infamous bankruptcy one year later A Year Later: The Blackjewel Bankruptcy
(DBN)

Blackjewel properties risk abandonment in bankruptcy case
(DBN)

____________

Hotels:

The Post-Pandemic Hotel Looks a Lot Like a Cruise Ship
(DBN)

____________


Economy:

FOMC Minutes: Pandemic "Posed considerable downside risks to the economic outlook over the medium term" Fed officials fear second wave of coronavirus will cause deeper recession Fed’s Bullard says risk of financial crisis remains
(DBN)

ISM Manufacturing index Increased to 52.6 in June Top US manufacturing index jumped the most since 1980 in June as reopenings spurred growth U.S. manufacturing gauge rises to 14-month high on reopenings
(DBN)

Dollar's dominance to slowly melt away over coming year: Reuters poll
(DBN)

Month-Over-Month Delinquency Rates by Major Property Type
(DBN)

There is No Precedent for Record Breaking Deficits
(DBN)

June Employment Preview
(DBN)

Recovery Could Take 4 Years If Virus Contained, Fed’s Daly Says
(DBN)

Rocket Ship Economic Recovery is Crashing
(DBN)

MAGA? Majority of Americans Dissatisfied with State of US
(DBN)

US private payrolls miss expectations as layoffs persist
(DBN)

Fed officials raised concerns in June that U.S. could enter a much worse recession later this year if coronavirus cases continued to spike
(DBN)

Fed minutes show concerns about severity of downturn
(DBN)

Fed officials see need for ‘highly accommodative’ policy ahead, minutes show
(DBN)

Deficits no longer matter
(DBN)

What’s on the Table for Next Round of U.S. Virus Relief
(DBN)

Jobs data for June could show strong rehiring ahead of the latest virus wave A predicted surge in US job growth for June might not last
(DBN)

Trump says he supports ‘larger’ payments to Americans in next coronavirus relief bill Stimulus checks, back-to-work bonuses, bigger jobless benefits? What the next relief bill might contain
(DBN)

Fed officials pushed for clearer guidance on future policy, meeting minutes show
(DBN)

U.S. added nearly 2.4 million private-sector jobs in June, ADP reports ADP: Private Employment increased 2,369,000 in June US companies added 2.37 million jobs in June, fewer than economists expected, ADP says
(DBN)

U.S. companies not rushing to rehire workers; rising COVID-19 cases threaten recovery
(DBN)

U.S. employers announced more job cuts in June: report
(DBN)

Pay cuts for millions of U.S. workers worsen the pain of pandemic
(DBN)

Americans Face 25% Jump in Power Bills, Adding to Summer of Woe
(DBN)

Senate reaches deal to extend Paycheck Protection Program hours before it was set to expire The future of the Paycheck Protection Program House passes extension of coronavirus small business loan deadline
(DBN)

An extension of the PPP application deadline falls short for these businesses
(DBN)

Gov't Gives Trucking Firm It Sued $700M
(DBN)

Democrats push to extend enhanced unemployment benefit until jobless rates fall
(DBN)

After months of ‘heartbreaking’ demand, food banks say they’re bracing for August when unemployed Americans stop getting the extra $600
(DBN)

There’s a better way than throwing money at zombie companies
(DBN)

The Fed Has Too Much Empathy for Banks
(DBN)

NYC Postpones Indoor Dining Indefinitely as Record-Breaking COVID Surge Swallows U.S. California governor says 70% of state must stop going to movie theaters, bars, and indoor restaurants as COVID-19 cases continue to surge We can reopen schools in the fall - if we close bars and gyms now Myrtle Beach reopened to survive the summer. Now, it's a coronavirus 'petri dish.' As the coronavirus gains ground, shaken cities and states pull back from reopening Fauci: Drinking in a bar is one of the riskiest things you can do Close the bars. Reopen the schools. This New Coronavirus Wave Isn’t Like the Old Wave The owner of a popular Houston bar says Texas reopened too soon, which caused a surge in coronavirus cases and led to devastating economic consequences Gov. Gretchen Whitmer closes Michigan indoor bar service Miami Beach Reimposes Citywide Curfew Coronavirus cases rose by nearly 50% in June, led by states that reopened first
(DBN)

Citi Pulls Back on Plans for Returning to Offices in 13 States
(DBN)

Coronavirus: Could 'immunity passports' create an antibody elite?
(DBN)

In unusual deal, U.S. Treasury to acquire 30% of trucking company in exchange for $700 million loan
(DBN)

Poll: A record number of Americans want more immigration
(DBN)

America has almost 800 billionaires, a record high
(DBN)

Employer To Bar Employees Working From Home To Care For Kids At The Same Time
(DBN)

Jeff Bezos’ wealth soars to $171.6 billion, topping pre-divorce record
(DBN)

Three Things to Know About New NAFTA 2.0
(DBN)

Covid-19 Isn’t Killing Cash. People Are Hoarding More of It
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Nearly 7 million households could face eviction without financial assistance The Coming Wave of Coronavirus Evictions Will Wipe Out Black Renters
(DBN)

What If the Housing Market Recovery Isn’t V-Shaped After All?
(DBN)

Construction Spending Decreased in May
(DBN)

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

San Francisco rents are dropping fast as tech companies embrace remote work
(DBN)

Is CBL Going Bankrupt? Mall owner CBL says it’s in forbearance over skipped interest payment
(DBN)

Manhattan Home Sales Fall Most on Record in Locked-Down Quarter
(DBN)

____________

Municipalities:

Puerto Rico board approves $10B budget as resignations loom
(DBN)

Following Supreme Court decision, Puerto Rico Oversight Board free to continue debt restructuring process
(DBN)

Maryland cuts $413M in state spending, but delays pay cuts for workers
(DBN)

Rating agency choice scrutinized in audit of a California school district
(DBN)

____________

Oil/Gas:

$40 Oil Isn’t Enough To Prevent A Wave Of Shale Bankruptcies
(DBN)

Oil company lost millions preparing for bankruptcy
(DBN)

US banks cut energy borrowers' credit lines as oil prices remain low
(DBN)

Agile but Slow US Shale Recovery Likely
(DBN)

The Oil And Gas Situation: Low Rig Count, Low Fracking Activity, Low M&A
(DBN)

The big spender goes bust: How years of gambles brought down Chesapeake Energy
(DBN)

Demand Growth for Oil Products Has Peaked, Citigroup Says
(DBN)

OPEC cuts output to lowest since 1991 as virus slams oil demand
(DBN)

Covia files bankruptcy, pact would hand lenders company Covia Holdings brings billion-dollar bankruptcy to Houston
(DBN)

Owner of Minnesota's largest frac sand mine files for bankruptcy
(DBN)

Shell Is the Latest Oil Company to Do a Belly Flop
(DBN)

Examining Midstream Contracts Amid Slowing Volumes
(DBN)

Refineries to shut on less demand, new projects: Goldman
(DBN)

____________

Fraud:

Why Corporate Fraud Reports are Down
(DBN)

____________

Circuses:

Lenders angry over bankruptcy plans want CEO Lamarre out of Cirque du Soleil
(DBN)

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Healthcare:

National Medical Imaging again files for bankruptcy protection after court reversal
(DBN)

Peak Virus: USA sees record 52,000 new cases in past 24 hours
(DBN)

Official U.S. coronavirus death toll is ‘a substantial undercount’ of actual tally, Yale study finds
(DBN)

Alabama students throwing parties to see who gets infected Young Americans Are Partying Hard and Spreading Covid-19 Quickly
(DBN)

Pandemic caused 18 pc rise in deaths in US: study
(DBN)

New York City may test sewage for coronavirus: report
(DBN)

Trump says he still thinks coronavirus will "just disappear" at some point
(DBN)

U.S. sees second-highest day of new coronavirus cases as states set new records
(DBN)

Lines for coronavirus tests sometimes stretch miles
(DBN)

U.S. already at 100,000 new coronavirus cases a day, it just isn’t testing enough
(DBN)

FDA Covid Vaccine Guidance Throws Cold Water on Trump 2020 Goal
(DBN)

Immunity More Widespread Than Thought
(DBN)

Jackson Health Says It Will Limit Florida Inpatient Surgeries
(DBN)

Here’s the latest on what we know works — and doesn’t work — in treating coronavirus infections
(DBN)

Texas Lt. Gov. blasts Fauci as state coronavirus cases rise: ‘I don’t need his advice’
(DBN)

Army Survival Course Gave Everyone Covid 19
(DBN)

Six months in, coronavirus failures outweigh successes
(DBN)

Just one COVID-19 vaccine isn't enough: Fauci
(DBN)

Arizona Has Record 1-Day Increase in Virus Cases, 88 New Deaths Arizona’s Death Record Chips at Pence Virus Talking Point
(DBN)

Internal Messages Reveal Crisis at Houston Hospitals as Coronavirus Cases Surge
(DBN)

As COVID-19 surges in Arizona, Nevada and Greater LA, is Bay Area next?
(DBN)

Doctors Say July 4th Will Be A Tipping Point In Fight Against Coronavirus
(DBN)

Americans' concerns about coronavirus jump as cases surge, Reuters/Ipsos poll shows
(DBN)

'Cries for help': Drug overdoses are soaring during the coronavirus pandemic
(DBN)

Lockdown Loneliness: 1 In 4 Feel Like They Have No Friends
(DBN)

More than half of Americans say they’re more stressed since pandemic started
(DBN)

Little evidence that protests spread coronavirus in US
(DBN)

DC Socialite Tested Positive for COVID-19 After Hosting Backyard Party
(DBN)

“I just feel rage”: 6 stories from around the world of surviving Covid-19
(DBN)

Baylor University doctor: Impacts of coronavirus will ‘haunt us’ for generation
(DBN)

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Fitness:

Gyms Continue To Struggle With Rocky Reopenings
(DBN)

____________

Utilities:

PG&E Exits Bankruptcy After Wildfires Pushed It to Brink of Ruin PG&E Emerges From Chapter 11 Bankruptcy PG&E emerges from Chapter 11 bankruptcy
(DBN)

Wildfire season is coming. Is the new PG&E ready?
(DBN)

____________

Food/Beverage:

The largest fast-food franchisee in America, which owns 1,600 Pizza Hut and Wendy's locations, files for bankruptcy Largest Pizza Hut franchisee bankruptcy signals Yum tensions Bankruptcy filing: NPC faced 'rapidly deteriorating liquidity position'
(DBN)

McDonald’s halts dine-in service reopening plans due to spike in US COVID-19 cases
(DBN)

Poll finds 60% of Americans aren't ready to start dining out again, and it shows why restaurants being allowed to reopen won't prevent mass closures
(DBN)

New York City delays indoor dining as coronavirus surges in other states
(DBN)

Texas bar owners sue Gov. Greg Abbott for reclosing bars
(DBN)

____________

Private Equity:

Private Equity on Edge With U.S. Plan to Name Relief Recipients
(DBN)

____________

Guns:

Background checks, a metric for gun sales, hit all-time high Gun Demand Is Off the Charts in America
(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 (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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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Bankruptcy Statistics:

Bankruptcies Are Up: Just Starting
(DBN)

Toledo: Bankruptcy filings down for month, year
(DBN)

22 Companies That Have Filed for Bankruptcy Since the Pandemic Began — and 16 That Could Be Next
(DBN)

Covid Fuels Out-of-Court Restructurings
(DBN)

Recession Spikes Energy, Retail, Restaurant Bankruptcies
(DBN)

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Finance:

A $6 Million PPP Loan and Bankruptcy Keep Two U.S. Chains Afloat
(DBN)

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Force Majeure:

Leases, Bankruptcy, and Coronavirus: Force Majeure Edition
(DBN)

In re Hitz Restaurant Group: Coronavirus Shutdown Order Excuses Tenant’s Rent
(DBN)

5 Things You Need to Know About the Recent Illinois Ruling on Force Majeure and COVID-19
(DBN)

‘Lack of Money’ Exclusion From Restaurant Lease Force Majeure Clause Not Enough to Get Eatery [Fully] Off the Hook – IL ND
(DBN)

____________

Bankruptcy Remoteness:

Does the Golden Share need to follow the Golden Rule?
(DBN)

The Golden Share: Attaching Fiduciary Duties to Bankruptcy Veto Rights
(DBN)

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Safe Harbors:

Avoidance Kept at Bay: Bank Customers as “Financial Institutions” Under the 546(e) Securities Safe Harbor
(DBN)

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Bankruptcy Crimes:

Villanova man gets prison for bankruptcy fraud
(DBN)

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Mergers:

Mergers involving firms in financial difficulty: Some practical tips
(DBN)

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Awards:

Bankruptcy Law Firms Power Rankings Bankruptcy Financial Advisers Power Rankings Bankruptcy PR Firms Power Rankings Bankruptcy Restructuring Advisers Power Rankings Bankruptcy Claims Agents Power Rankings
(DBN)

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Insurance:

Lloyd's calls for state-backed 'Black Swan' reinsurance
(DBN)

COVID-19 Business Interruption Insurance Losses: The Cases For And Against Coverage
(DBN)

COVID claims battles show insurance policies should change. The question is how
(DBN)

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Aviation:

United says blocking middle seats on planes is ‘PR strategy,’ not safety
(DBN)

United Air Boosts August U.S. Flying to About Half of 2019 Level
(DBN)

Airlines Warn Growing U.S. Pandemic Threatens Travel Recovery
(DBN)

JetBlue, pilots union reach agreement to avoid involuntary furloughs until May 2021
(DBN)

Alaska Airlines will give people a 'yellow card' for not wearing masks on flights
(DBN)

American Airlines Warns It Has 8,000 More Attendants Than It Needs
(DBN)

American Airlines to cut international flights 25% in slow recovery
(DBN)

Aeromexico CEO says airline needs to downsize as shares sink after bankruptcy filing Aeroméxico talks DIP financing Aeromexico Financing Plan Ready in 4 to 6 Weeks, CEO Says Mexican airline industry unions back Aeromexico's Chapter 11 process Aeromexico to cut flights in short term due to Chapter 11 process: CEO
(DBN)

Things Are Terrible at Airbus, But at Least It’s Not Boeing
(DBN)

Ryanair Reaches Deal With Pilots Union on Pay Cuts to Save Jobs
(DBN)

Turkish Airlines Wants to Slash Pilot Wages by Half, Union Says
(DBN)

Singapore Airport Adopts Contactless Toilets and Robot Cleaners for Covid-19 Travel
(DBN)

Virgin Atlantic Favors U.S. Hedge Fund for Rescue Cash Virgin Atlantic edges towards £1bn rescue package
(DBN)

Thai Airways names new acting president
(DBN)

SAA employees, unions and creditors asked to support business rescue
(DBN)

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Autos:

Tesla Overtakes Toyota as the World’s Most Valuable Automaker
(DBN)

Tesla fires three more, overriding guidance allowing workers to stay home during pandemic
(DBN)

GM, Fiat Chrysler U.S. auto sales tank in second quarter as coronavirus saps demand
(DBN)

Daimler CEO Warns of Drastic Pay Cuts
(DBN)

Automakers Laud Resilience of U.S. Consumers Buoying Their Sales
(DBN)

Ohio Wants GM to Repay Tax Incentives
(DBN)

Hertz, creditors in US$11-billion standoff over 494,000 used cars
(DBN)

____________

Accounting:

Troubles escalate for EY over Wirecard collapse
(DBN)

____________

Sports:

Can Sports Teams Beat Coronavirus With Herd Immunity?
(DBN)

NBA Commissioner Suggests Virus Could Still Derail Season
(DBN)

As sports resume, some fans will be made of cardboard
(DBN)

As MLB players report to summer camps, the sport braces for more positive tests
(DBN)

6 players test positive for coronavirus before MLS comeback tournament
(DBN)

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UK:

Quick Guides: Changes To UK Insolvency Laws
(DBN)

The Retail Apocalypse Is Getting Darker for U.K. Landlords
(DBN)

Dozens of English towns and cities could soon be forced back into strict coronavirus lockdown
(DBN)

Auditors Beefed Up Going-Concern Probes, U.K. Agency Says
(DBN)

Harrods and John Lewis Cut Jobs in Blow to U.K. Retail Industry
(DBN)

BOE’s Haskel Sees Activity Returning Faster Than Expected
(DBN)

CEOs Raise No-Deal Alarm as U.K. Passes ‘Point of No Return’
(DBN)

Shropshire Council finance chief issues 'bankruptcy' warning over coronavirus crisis
(DBN)

Warnings of ‘devastating’ bankruptcy and mental health concerns over HMRC loan charge introduction
(DBN)

____________

EU:

The European Union's American Traveler Restrictions, Explained
(DBN)

ECB’s Lagarde Warns of Rocky Recovery After Economy Turns Corner
(DBN)

Merkel Says EU Members ‘Far Apart’ on Recovery, Budget Talks
(DBN)

EU opens borders to ‘safe’ countries including Thailand
(DBN)

Euro zone unemployment rate climbed to 7.4% in May
(DBN)

Companies around Europe preparing for a recession, Intrum CEO says
(DBN)

____________

Canada:

Some Canadian businesses want to let Americans back in, but most Canadians don't
(DBN)

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Belgium:

Coronavirus pandemic could trigger ‘bankruptcy boom’ in Belgium
(DBN)

____________

Sweden:

Sweden’s currency has strengthened amid no lockdown and the trend could continue
(DBN)

____________

Hong Kong:

Boris Johnson offers Hong Kong citizens refuge in UK in response to China
(DBN)

How China’s national security law could change Hong Kong forever
(DBN)

Pompeo Calls Hong Kong ‘Just Another Communist-Run City’ Now
(DBN)

Hong Kong Faces Arrests, Confusion, Despair After China Shock
(DBN)

Hong Kong is gone. It's over.
(DBN)

ABA is ‘deeply concerned’ by China’s new security law, saying it violates agreement with Hong Kong
(DBN)

____________

Germany:

Meet the analyst who called Wirecard a zero amid a sea of buy ratings German Legislators to Ask ECB About Role in Wirecard Scandal
(DBN)

____________

Switzerland:

The Restructuring Review 2020: Switzerland
(DBN)

Swiss to Impose Quarantine on Travelers from High-Risk Countries
(DBN)

____________

Latin America:

Covid-19’s Toll Will Rewrite Latin America’s Future
(DBN)

____________

South Africa:

South Africa’s Economy Probably Shrank by A Third in Pandemic
(DBN)

____________

Mexico:

Half of All Covid Tests Are Positive in Mexico, Highest in World
(DBN)

Economists Baffled by How Mexicans Can Send So Much Money Home
(DBN)

Mexican Retailers See Big Losses, Discounts in Virus Aftermath
(DBN)

Mexico Passes Spain to Have Sixth Deadliest Virus Outbreak
(DBN)

____________

Indonesia:

Jakarta Delays Full Exit From Partial Lockdown as Virus Spreads
(DBN)

____________

MENA:

Credit insurers need to raise their game right now
(DBN)

____________

India:

Rating Firms Seek to Withdraw Nearly Half of India Debt Ratings
(DBN)

____________

China:

China’s Corporate Debt Defaults Uncover Hidden Soft Spots
(DBN)

____________

Africa:

Protest versus Africa's 1st COVID-19 vaccine test shows fear
(DBN)

____________

Latin America:

Latin America Seen Heading for Deepest Slump Since at Least 1901
(DBN)

____________


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