July 7, 2020

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

Big Law Firms Received Millions Through PPP Loans Law firms, including, Boies Schiller approved for up to $13 billion in PPP aid Dozens of BigLaw firms are getting paycheck protection loans; which ones made the list? The Biglaw Firms That Cashed In On Government PPP Loans Boies Schiller, Big Law Firms Obtained Millions in PPP Loans
(DBN)

'I Don't Blame You, Man': Lawyer Turns Heads by Wearing Full Hazmat Suit to Federal Court
(DBN)

McConnell calls for five-year lawsuit shield for businesses as part of next coronavirus bill
(DBN)

Law School Implies Diploma Privilege Advocates Could Get Dinged On Character & Fitness
(DBN)

Black Attorneys Call Out Racism as Law Firms Vow to Change
(DBN)

Biglaw Start Dates: When’s Your Firm Welcoming New Associates?
(DBN)

Law Firms Are Raking in Millions From Pandemic-Era Retail Bankruptcies
(DBN)

Global M&A slowest since financial crisis as deal appetite slumps amid Covid-19 pandemic
(DBN)

What does an M&A boutique do when the deals dry up?
(DBN)

New York's Visitor Quarantine Order Draws Legal Challenge From Arizona Woman
(DBN)

The Meaning of 'Meeting' Has Changed for Good—and, Arguably, for the Better
(DBN)

Florida Changes Bar Exam Date … Again
(DBN)

Texas Is Third State In A Week To Switch From On-Ground To Online Bar Exam
(DBN)

July 2020 Bar Exam Chaos: 50 States, 14 Different Approaches
(DBN)

Illinois Provides Temporary Practice License For New Law School Graduates
(DBN)

State Going Forward With July Bar Exam Because, ‘Oh, We’re Going To Be Way Worse In September!’
(DBN)

Concerned About COVID At July Bar Exam, Virginia Cancels Requirement That Applicants Wear Ties
(DBN)

It’s Time To Say Bye-Bye To Biglaw’s BS
(DBN)

Amy Cooper charged for calling police on Black bird-watcher in Central Park
(DBN)

Police are looking for two White people who painted over a Black Lives Matter mural
(DBN)

Stone Appeals Denial of Prison Delay Over Coronavirus Fears
(DBN)

Judge Who Read Unredacted Mueller Report Has a Spreadsheet Full of Questions for the DOJ to Answer
(DBN)

Brian Kemp calls up 1,000 National Guard troops after violent weekend in Atlanta ‘It’s Got to Stop’: Atlanta’s Mayor Decries a Surge of Violence as a Girl Is Killed National Guard To Deploy In Atlanta, Gov. Declares State Of Emergency After 31 People Shot Over Weekend
(DBN)

AZ: Now We're Shooting People Inside Cars
(DBN)

Major U.S. cities, gripped with crises, now face spike in deadly shootings
(DBN)

Ex-NYPD commissioner Bill Bratton: New York ‘a mess and going to get a lot worse’
(DBN)

Ghislaine Maxwell transferred to NYC lockup ahead of court date As Ghislaine Maxwell Gets Representation, Prosecutors Request Friday Bail Hearing in Manhattan Ghislaine Maxwell has been moved to a jail where she will be cavity searched and may get beaten by other inmates for credibility, former warden says
(DBN)

‘Clock is ticking’ for Prince Andrew to speak with feds about Jeffrey Epstein: Gloria Allred
(DBN)

Why Is Alan Dershowitz Still Talking?
(DBN)

Fox News Apologizes, Says It Mistakenly Cropped Trump Out of Jeffrey Epstein Photo
(DBN)

County subpoenas partygoers who didn’t cooperate in COVID-19 contact tracing
(DBN)

Maryland county closes 3 business for violating virus rules
(DBN)

‘Forum Of Hate’ Emails Lead To Suspensions Because… Yeah, They’re Bad
(DBN)

Lawyer Gets Fired After Expensing Friend’s $190 Eurostar Ticket
(DBN)

______________

Judges:

BK MD Seeks Judicial Law Clerk
(DBN)

Thousands of U.S. judges who broke laws or oaths remained on the bench
(DBN)

Social Distancing a Litigant’s Rights: Court Reopening Considerations in the Age of COVID-19
(DBN)

Trump’s Taxes, Birth Control Top Supreme Court’s Closing Agenda
(DBN)

Supreme Court says states may require presidential electors to support popular-vote winner Supreme Court Patches Up Electoral College for 2020 The Supreme Court Has Made the Electoral College Irrelevant Still, the Electoral College’s flaws remain
(DBN)

'Particularly Troubling': Trump Appointee Calls Out Administration for Not Considering Dangers to Asylum Seekers
(DBN)

Binge-Watcher Justice Kagan Drops ‘Hamilton’ and ‘Veep' References in Supreme Court Opinion
(DBN)

______________

Wall Street:

Stock futures sink following Monday’s strong rally on Wall Street
(DBN)

Global stocks slip as virus outbreaks dim hopes for rebound
(DBN)

Here’s what happened to the stock market on Monday
(DBN)

Stocks rise amid surge in U.S. coronavirus cases—Four experts on what’s next
(DBN)

Trump claims a Joe Biden presidency would cause stock gains to 'disintegrate and disappear,' but JPMorgan says it could actually boost the market
(DBN)

______________

Layoffs:

Delaware North laying off 1,300 workers at Miller Park, Lambeau Field
(DBN)

Belk furloughs end in unspecified number of layoffs, mostly at HQ
(DBN)

Weber Metals in Paramount to lay off nearly 170
(DBN)

PV Fluid Products lays off 113 headquarters employees
(DBN)

HealthPartners eliminating at least 200 jobs
(DBN)

______________

Politics:

Trump’s Presidency Is About to Enter Chapter 11
(DBN)

Trump's Gallup approval rating has record 89-point partisan gap
(DBN)

Wall Street is no longer betting on Trump
(DBN)

GOP worries Trump's divisive June imperils Senate control
(DBN)

Trump may lose swing voters by asking SCOTUS to strike down the ACA
(DBN)

White House claims US is 'a leader' in fight against Covid-19 as cases rise
(DBN)

The mask decision that will haunt Trump's reelection bid
(DBN)

Lindsey Graham breaks with Trump after president demands an apology from NASCAR’s Bubba Wallace
(DBN)

President Trump is losing support among young white working-class voters
(DBN)

How Lincoln Project anti-Trump Republicans got into his head. Spoiler alert: It was easy.
(DBN)

White House Hopes Americans Will Just Get Used to Dying of Coronavirus Trump will accept a 'steady' few hundred coronavirus deaths a day as the cost of his reelection The White House is reportedly hoping Americans 'will grow numb' to the COVID-19 death toll
(DBN)

Mary Trump tell-all book to be released early due to "high demand" Mary Trump tell-all book will be released two weeks early amid court fight Donald Trump was terrorized by his father, niece claims in tell-all book Niece says Trump remains "much as he was at three years old": "Unable to regulate his emotions" In upcoming book, the president's niece says he practices 'cheating as a way of life'
(DBN)

Melania's former right hand coming out with explosive tell all
(DBN)

Trump's misreading the map, looking for Electoral College votes in some of the wrong places
(DBN)

Florida teen dies after conspiracy theorist mom takes her to church ‘COVID party’ and tries to treat her with Trump-approved drug: report
(DBN)

Frederick Douglass statue torn down in Rochester, N.Y., on anniversary of his famous July Fourth speech
(DBN)

Thomas Jefferson’s descendant wants Founding Father’s memorial removed ‘because he owned 600 slaves during his lifetime’
(DBN)

Democrats insert language in spending bill ordering removal of Confederate statues from Capitol
(DBN)

McEnany defends Trump's view on confederate flag by trying to claim he doesn't have one
(DBN)

Pentagon considering ban on Confederate flags
(DBN)

Virginia schools drop Confederate names, this time ignoring calls to preserve history
(DBN)

Trump campaign uses picture of Christ the Redeemer statue in Brazil to claim president will 'protect statues'
(DBN)

Chuck Grassley opts out of attending GOP convention over coronavirus concerns
(DBN)

Liberals reserve tickets to Trump's New Hampshire rally to try making venue look empty
(DBN)

'QAnon Karen' Destroys Target Face Mask Display
(DBN)

Foreign Officials Fixated on Bolton's Memoir
(DBN)

California Capitol closes after L.A. lawmaker tests positive for COVID-19
(DBN)

Trump Reportedly Planning to Bounce Back Quickly from Supreme Court DACA Loss
(DBN)

____________

Sports:

Trump lashes out at NASCAR, Wallace over flag and noose McEnany defends Trump's tweet about Bubba Wallace and Confederate flag Lindsey Graham says Bubba Wallace has nothing to apologize for Bubba Wallace responds to Trump attack: "Love over hate every day"
(DBN)

Formula One drivers take a knee, wear 'End Racism' shirts at season opener
(DBN)

PGA Tour cancels plan to have fans attend Memorial tournament
(DBN)

Testing problems cast doubt on viability of MLB season, days after baseball's return
(DBN)

Unlike Redskins and Indians, Braves Not Considering Name Change Trump slams possible Redskins, Indians name changes as "politically correct"
(DBN)

Native American groups ask NFL to force Redskins name change
(DBN)

35 NHL players test positive, Nationals suspend camp as sports try to return amid coronavirus surge
(DBN)

NHL, NHLPA reach tentative agreement to resume season
(DBN)

Baseball’s Return in Peril After World Series Champs Close Camp
(DBN)

As M.L.B. Stumbles Out of the Gate, Player Pushback Gets Louder
(DBN)

Four days into MLB's return, it's fair to question the strategy
(DBN)

FC Dallas Withdraws from M.L.S. Tournament Because of Virus Cases FC Dallas removed from MLS tournament after 10 positive coronavirus tests
(DBN)

____________

Food/Beverage:

Restaurant closes after saying employees won't wear face masks
(DBN)

Restaurant owner: Opening then shutting back down may ‘death knell’ for industry
(DBN)

People’s lunacy around face masks is hurting restaurants and small businesses
(DBN)

After covid-19, a poultry worker fears a return to work
(DBN)

Skyrocketing of COVID-19 cases around the U.S. slows dine-in restaurant recovery
(DBN)

Restaurants' Rise Got a Little Overcooked in Late June
(DBN)

___________

Transit:

No Scenario in Which MTA Would Need to Declare Bankruptcy, CEO Foye Says
(DBN)

____________

Newspapers:

There’s no Knight in shining armor coming to rescue McClatchy
(DBN)

____________

Theatre:

BriteShot hopes backstage decontamination tech will help Broadway bounce back
(DBN)

____________

Student Debt:

Second Stimulus Checks And Student Loan Forgiveness Could Be Coming
(DBN)

____________


Economy:

13 million gig workers getting unemployment benefits, 41% of the total
(DBN)

ISM Non-Manufacturing Index increased to 57.1% in June U.S. services index jumps to a four-month high on reopenings
(DBN)

Goldman: Recovery Running into Trouble
(DBN)

Atlanta Fed president Bostic says the US economy's recovery is 'leveling off' as COVID-19 cases surge
(DBN)

Six High Frequency Indicators for a Recovery
(DBN)

Goldman Sachs warns of economic fallout from U.S. virus response
(DBN)

Ending the extra $600 UI will harm ‘vast majority’ of unemployed workers
(DBN)

$600 Federal Unemployment Checks To Be Extended?
(DBN)

The White House signals it could get on board with a 2nd round of stimulus checks for Americans
(DBN)

$132B Still Available From PPP, Including $30B That Companies Returned
(DBN)

Next Stimulus Bill Likely To Include Stimulus Checks & Back To Work Bonuses
(DBN)

A double-digit unemployment rate is the norm for Black Americans and a rarity for white Americans
(DBN)

How the second half of 2020 could be even ‘messier’ than the first
(DBN)

McConnell Expects New Virus Relief Bill by End of Month McConnell opens door to more coronavirus stimulus checks for low-income Americans
(DBN)

Global Poverty Rampant Despite Sunny Talk, U.N. Finds
(DBN)

Treasury posts partial list of small businesses that received $521 billion in gov't loans; companies employed 51 million Small business aid went beyond hard-hit companies, data show Here are some of the billionaires who got PPP loans while small businesses went bankrupt Treasury releases names of some PPP loan recipients Trump administration releases list of companies that received most money from small business loans Some wealth management firms have taken PPP loans during coronavirus pandemic Kanye West Sneaker Brand Received Millions From Government Loan Carnegie Hall, Whitney Museum and S.F. Symphony Got PPP Loans Firm Linked to Pelosi’s Husband Got Virus Loan, U.S. Data Show Trump’s Waikiki Partner, DeVos-Tied Company Among PPP Recipients Grover Norquist’s Anti-Spending Group Took Small Business Relief W.Va. governor's companies get millions in virus loans Small-Business Loans Flowed to Health Care, Construction and Big States A number of Silicon Valley companies were listed as coronavirus paycheck loan recipients — but some of them were surprised by the announcement, saying they never applied for loans in the first place U.S. pandemic aid program saved 51.1 million jobs, but wealthy and connected also benefited Car-Sharing Startups Take U.S. Loans After Covid-19 Disruptions Power Companies Got $676 Million in U.S. Virus Relief Funds PPP Millions Went to Firm Identified in Ukraine Laundering Suit Khloe Kardashian's denim brand and Donald Trump lawyer's firm among those benefiting Governors’ companies among recipients of virus relief loans Thousands Of Investment Advisors, Portfolio Managers Received Bailouts Small-business loans went to private-equity-backed chains and members of Congress De Niro-backed Nobu restaurants took more than a dozen PPP loans Small business coronavirus relief loan database contains some big errors Amazon delivery contractors were among recipients of government payroll loans Here are some of the restaurant chains that got millions in government payroll loans Inside U.S. Virus Bailout: Trump Ties, Investors, Uneven Data
(DBN)

Pro-Trump lobbyists worked with firms that received small business relief loans Trump-connected lobbyists reap windfall in federal virus aid
(DBN)

Americans gave up a lot to stop the pandemic. Our leaders wasted that sacrifice.
(DBN)

Miami-Dade to shut down dining-in and gyms as COVID-19 cases surge New York Has Avoided a Virus Uptick While Reopening, Cuomo Says A Second Wave Of Shutdowns Has Arrived—Here’s Where Businesses Are Closing Up (Again)
(DBN)

AAR: June Rail Carloads down 22.4% YoY, Intermodal Down 6.6% YoY
(DBN)

Percent Permanent Job Losers by Recession
(DBN)

Trump preparing orders on China and manufacturing, top aide says
(DBN)

How the American Worker Got Fleeced
(DBN)

The nation is diversifying even faster than predicted, according to new census data
(DBN)

A wake-up call for the American dream
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Evictions are likely to skyrocket this summer as jobs remain scarce. Black renters will be hard hit.
(DBN)

Foreclosure threat grows as COVID-19 surges, Fed says
(DBN)

Commercial mortgage delinquencies surged at record monthly rate in June
(DBN)

Black Knight Mortgage Monitor for May, Cash-Out Refinance Activity Declined
(DBN)

A forgotten trade spat with Canada is costing U.S. homebuilders
(DBN)

No Doorman? No Problem. Covid-19 Changes NYC’s Real Estate Rules
(DBN)

Black Families Pay Significantly Higher Property Taxes Than White Families
(DBN)

____________

Municipalities:

Puerto Rico union sues against PREPA privatization
(DBN)

Early findings grim on the health of Flint kids after water crisis
(DBN)

Public Pension Reckoning Delayed With Stimulus Pumping Up Stocks
(DBN)

____________

Oil/Gas:

Judge Isgur Finds That Sanchez Energy Breached JDA With Gavilan Resources to Develop Comanche Field
(DBN)

Jurisdictional Conflict Between FERC and Bankruptcy Courts Spills Over to Natural Gas Agreements
(DBN)

Shale Patch Gets More Than $2.4 Billion in U.S. Virus Aid
(DBN)

The Effects of a 2nd Covid Wave on Oil
(DBN)

Extraction Oil & Gas lost control of its midstream subsidiary as it tumbled into Chapter 11 bankruptcy
(DBN)

Judge orders shutdown of controversial Dakota Access pipeline, citing environmental risks Dakota Access pipeline to be shut down by court in blow for Trump Demise of Gas Project Shows U.S. Pipelines Becoming Unbuildable Coal Wins! Atlantic Coast Pipeline Canceled Two Major U.S. Pipeline Projects Face Cancellation Keystone Pipeline Stays Blocked in U.S. Supreme Court Order
(DBN)

The One-Time Heart of Shale May Never Boom Again With Dakota Access Shut
(DBN)

Mexico’s Debt-Laden Oil Giant Is Asking Contractors for IOUs
(DBN)

____________

Healthcare:

Endologix's stock plunges toward record low after bankruptcy filing
(DBN)

Obamacare Flaw Costing Americans Thousands
(DBN)

Hospitals, doctors are major recipients of PPP loans
(DBN)

The Countries With The Most COVID-19 Cases
(DBN)

Assessment of U.S. COVID-19 Situation Increasingly Bleak
(DBN)

Health-care industry was top recipient of Paycheck Protection Program loans, data show
(DBN)

Hospitals approaching capacity as Miami closes restaurants Four Tampa-area hospitals at maximum ICU capacity
(DBN)

Coronavirus hospitalizations grow in 23 states as Texas admissions soar
(DBN)

Fauci on COVID-19 vaccine: "We will at least have an answer" in the winter
(DBN)

Fauci Says He Assumes Any Vaccine Will Offer ‘Finite’ Protection
(DBN)

US is still 'knee-deep' in the first wave of the coronavirus pandemic, Fauci says
(DBN)

Arizona healthcare workers say they're seeing severe coronavirus cases in people from their 20s to their 90s, but people aren't taking it seriously — in 'denial' they won't get it
(DBN)

Newsom, coming under fire, ramps up enforcement and adds counties to watchlist
(DBN)

250,000 New Coronavirus Cases in 5 Days
(DBN)

Some kids suffer mysterious brain damage from coronavirus, study finds
(DBN)

Months of trial and error in the ICU offer clues on how to save COVID patients
(DBN)

Fauci says average age of U.S. coronavirus patients has dropped by 15 years
(DBN)

You have no idea they're sick. But contracting the virus could be especially lethal for them.
(DBN)

Hospitalizations jump 50% in California as coronavirus infections soar
(DBN)

Bipartisan group of former government officials demand science-based approach to pandemic
(DBN)

Coronavirus can spread in the air ‘beyond any reasonable doubt,’ over 200 scientists tell the World Health Organization
(DBN)

Airborne Coronavirus: What You Should Do Now
(DBN)

How America Lost the War on Covid-19
(DBN)

U.S. coronavirus response still crippled by lack of testing, Dr. Gottlieb says
(DBN)

Virginia reports no daily coronavirus deaths as region sees smallest case increase since April
(DBN)

New Jersey Virus Transmission Rate at 1.03, Highest in 10 Weeks
(DBN)

The states where face coverings are mandatory
(DBN)

'We'll be living with masks for years': COVID-19 through the eyes of a pandemic expert
(DBN)

States mandate masks, begin to shut down again as coronavirus cases soar and hospitalizations rise
(DBN)

Poll Finds Record Number Of Americans Are Wearing Masks More Mask Use, Worry About Lack of Social Distancing in U.S.
(DBN)

Half of Nevada’s businesses didn’t comply with mask rules, investigators say
(DBN)

Medical community urges public to wear masks
(DBN)

Oxford: Virus May Not be of China Origin Navarro: China Released Virus on Purpose
(DBN)

____________

Education:

What a college professor thinks about campus preparations for the coronavirus this fall
(DBN)

Harvard to reopen with fewer than half of undergrads on campus because of coronavirus Harvard will allow some students on campus this fall under strict new rules Harvard Plans to Bring Back 40% of Students for Fall Term Here’s how things will change on campus for Harvard students next semester
(DBN)

Princeton to Allow About Half of Undergrads to Return in August
(DBN)

Harvard, Princeton to reopen with many undergrads barred from campus housing because of coronavirus
(DBN)

A Reckoning In Higher Education: Will There Be Campus Life After Covid-19?
(DBN)

With a patchwork of reopening plans, college students face 'a lose-lose' fall scenario
(DBN)

Reopening N.Y.C. Schools Safely: A Huge Challenge
(DBN)

ICE Says International Students Have To Leave The US If Their Classes Are Online-Only Due To COVID-19
(DBN)

Federal College Aid Applications Fall As Pandemic Upsets Student Plans
(DBN)

Florida orders schools to reopen in the fall, even as virus cases soar
(DBN)

Faculty votes to change name of Washington and Lee
(DBN)

____________

Cruise Lines:

Two cruise giants assembled a panel of health experts to give them a path back to sailing Rival cruise lines create panel to advise for COVID-19 era
(DBN)

____________

Circuses:

A tale of two circuses: an existential balancing act
(DBN)

____________

Taxis:

With pandemic, NYC taxi drivers' livelihoods hang in the balance
(DBN)

____________

Hollywood:

Game Of Thrones VFX company says industry is facing ‘financial catastrophe’
(DBN)

____________

Autos:

The Death Of The $2 Trillion Auto Industry Will Come Sooner Than Expected
(DBN)

Nissan secures $7.8 bln from creditors since April
(DBN)

____________

 


New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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:

Bankruptcy and the coronavirus: Part II
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

______________

Litigation:

Bankruptcy Boom Will Create E-Discovery Challenges
(DBN)

Top law firms collaborate to draw up draft protocol for online arbitrations
(DBN)

____________

Bankruptcy Remoteness:

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

____________

Small Business:

Chapter 11 Bankruptcy is Expensive; the Small Business Reorganization Act Provides a Realistic Opportunity for Small Businesses to Reorganize
(DBN)

____________

Fiduciary Duty:

The Effects of Financial Distress on Fiduciary Duties
(DBN)

____________

RSAs:

Badges of Opportunism: Principles for Policing Restructuring Support Agreements
(DBN)

____________

Personal Bankruptcy:

Do Cares Act payments count towards the means test? No.
(DBN)

____________

Force Majeure:

Bankruptcy Court Determines Illinois COVID-19 Stay-at-Home Orders are Force Majeure Events Sufficient to Partially Excuse Rent.
(DBN)

____________

Aviation:

Air travel jumps over July 4 weekend, but down more than 70% from 2019
(DBN)

Top private jet companies got $200 million from the government under CARES Act
(DBN)

Airline business undergoing a surge of change
(DBN)

Lufthansa to cut leadership positions, 1,000 admin jobs Lufthansa halves new-aircraft intake and cuts jobs
(DBN)

Alaska’s largest rural airline will go on the auction block Tuesday
(DBN)

Pilots' union has reached outline deal with British Airways in fight to save jobs
(DBN)

Air India pilots are angry over pay cuts?— want salaries to be reduced in a graded manner
(DBN)

Aeromexico sets investor meetings to discuss debt overhaul
(DBN)

Malaysia’s AirAsia reports first-quarter loss as virus hits demand
(DBN)

____________

Defaults:

US leveraged loan defaults total $23B in Q2, the most since 2009
(DBN)

____________

Newspapers:

McClatchy sale stays on track as judge delays ruling on whether some creditors can sue McClatchy, a Family Newspaper Business, Heads Toward Hedge-Fund Ownership
(DBN)

____________

Nursing Homes:

Overwhelmed nursing homes kept taking new patients. Some got sick and died.
(DBN)

NY: 6,300 Infected Sent to Nursing Homes
(DBN)

____________

Retailing:

Simon Property Group Part of Company Bidding for Assets in Lucky Brand Bankruptcy
(DBN)

Brooks Brothers nears bankruptcy as talks heat up with potential buyer
(DBN)

Pier 1 enters agreement to sell off IP, other assets for $20M
(DBN)

Shoppers across the country are retreating again as coronavirus cases surge
(DBN)

Protesters boycott Whole Foods after employees ‘were sent home for wearing Black Lives Matter face masks’
(DBN)

Trump Supporters More Likely Than Critics to Feel Safe Shopping in Malls
(DBN)

Steinhoff Surges on Signs it Can Settle $11 Billion in Claims
(DBN)

More Than 8,700 Stores Are Closing In 2020 So Far—A Number That Will Surely Rise
(DBN)

Stores focus on cleaning to get shoppers back to spending
(DBN)

DTC brands struggled with profitability prior to COVID-19. Now what?
(DBN)

How Top Real Estate Executives Expect Retail To Perform In 2021: Survey
(DBN)

The High Cost of Dollar Stores
(DBN)

____________

Coal:

Hundreds of Coal Companies Got $170 Million in U.S. Virus Aid
(DBN)

____________

Utilities:

PG&E exits bankruptcy, but long-term wildfire risk could put it 'back in the soup'
(DBN)

____________

Hotels:

Crowne Plaza Universal Orlando hotel seeks Chapter 11 bankruptcy protection
(DBN)

____________

Crypto:

CEO of Alleged $16M Cryptocurrency Scam Declared Bankrupt
(DBN)

Bankrupt Bitcoin Biz Founder Leaves $13m Hole
(DBN)

____________

Corporate Reform:

Maybe the Supreme Court Just Saved the CFPB
(DBN)

____________

Religion:

Priest abuse victims ask court to dismiss New Orleans Archdiocese bankruptcy
(DBN)

Priests accused of sex abuse remained in ministry, former bishop admits
(DBN)

New information revealed from former bishop’s deposition in Rochester Diocese bankruptcy case
(DBN)

Victim of clergy abuse says Archdiocese tried to keep settlement details secret, against its own rules
(DBN)

____________

Sovereigns:

Ecuador Reaches Debt Deal in Principal With Major Bondholders
(DBN)

Venezuela’s Potential Debt Restructuring and Economic Recovery Efforts: Some Key Legal and Policy Challenges
(DBN)

____________

UK:

U.K. Businesses Expect to Cull Jobs Once Furlough Program Ends
(DBN)

Scottish universities at risk of being wiped out by Covid-19 crisis , experts warn
(DBN)

Allsaints creditors approve CVA
(DBN)

Why suppliers can no longer rely on termination on insolvency rights
(DBN)

Brexit: Banks Warned on Nearing Deadline
(DBN)

Accountancy giants face revamp amid criticism
(DBN)

Pret A Manger to shut 30 shops and cut 1,000 jobs
(DBN)

Saving One Million U.K. Jobs Requires $250 Billion Stimulus Plan
(DBN)

____________

EU:

EU cuts economic forecasts for the region, now projecting a 8.3% slump this year
(DBN)

____________

PIIGS:

Italy Bets on Public Spending to Grow Out of Its Crippling Debt
(DBN)

Greece: Government at odds with creditors on bankruptcy law
(DBN)

____________

Canada:

To keep coronavirus out, Canada's smallest province kept the rest of the country away. Now outsiders are returning.
(DBN)

Bank of Canada Says Business Sentiment Is at Lowest Since 2009
(DBN)

Subprime Canadian Borrowers Are Weathering the Crisis Just Fine, Thanks
(DBN)

Cineplex Is Signaling Potential Bankruptcy
(DBN)

____________

Germany:

Munich Prosecutors Arrest Another Manager in Wirecard Probe Deutsche Bank CEO says still evaluating Wirecard Bank support
(DBN)

____________

MENA:

Israel: Gov’t imposes partial lockdown as coronavirus cases spike Israel Imposes New Restrictions to Combat Surge in Virus Cases
(DBN)

Oman's Bankruptcy Law is now effective
(DBN)

The US violated international law by assassinating Iranian general Qassem Soleimani, top UN human rights investigator says
(DBN)

____________

Chile:

Thousands of Copper Workers Have Fallen Ill in Chile
(DBN)

____________

Brazil:

Three Crises Leaves Brazil’s Assets a Long Road Back to Recovery
(DBN)

____________

New Zealand:

New Zealand to Limit Returning Citizens as Quarantines Overflow
(DBN)

____________

Africa:

Africa’s pathway to economic recovery post-Covid is looking much more murky
(DBN)

____________

Hungary:

Hungary: Is a new world coming with the amendment of the Hungarian Insolvency Act?
(DBN)

____________

Argentina:

Argentina's sweetened debt offer wins early support; bonds climb
(DBN)

____________

Norway:

Norway's Troubled Kleven Verft Shipyard Files for Bankruptcy Kleven Verft files for bankruptcy after loan termination
(DBN)

____________

India:

IBC faces test again as top court hears Bhushan Power & Steel case
(DBN)

___________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $66.50/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
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.

Copyright 2020