July 8, 2020

The Daily Bankruptcy News

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Law:

Am Law 200 Firm Conducts Associate Layoffs Due To COVID-19
(DBN)

Hughes Hubbard Lays Off Attorneys and Staff After Receiving PPP Loan Hughes Hubbard lays off lawyers, staffers after receiving paycheck protection loan
(DBN)

Big Law Firms Got Millions of Dollars to Preserve Payroll. Some Made Cuts Anyway
(DBN)

Latham & Watkins Adds New York Partner to Expanding Restructuring & Special Situations Practice
(DBN)

McDermott Adds Five-Lawyer Restructuring Team from Katten
(DBN)

New York Legislature Gets Involved In Push For Diploma Privilege
(DBN)

All the Law Firms in Trump's Orbit That Received PPP Rescue Loans
(DBN)

Stuck in an endless group call? Here are 5 ways to interrupt gracefully
(DBN)

Firms Are Designing New Offices With COVID-19 in Mind
(DBN)

Vinson & Elkins Designs New Houston Headquarters Around Flexibility While Other Firms Plan New Offices Around Covid
(DBN)

Bar Exam Spokesperson Tells Newspaper That Folks Worried About Health Are Just Lazy Bar Exam Tells Woman To Stop Worrying About Petty Concerns Like ‘Health’ And Study More
(DBN)

Board Of Law Examiners: The Kings Of Wishful Thinking
(DBN)

Recent Law Grads Call On California Trustees to Scrap Bar Exam
(DBN)

‘Still Broken’: The Legal Profession Still Has A Long Way To Go On Sexual Harassment
(DBN)

What I learned about being Black after a cop pointed a gun at me when I was 12 years old
(DBN)

Sen. Tim Scott on race, police reform, and why ending qualified immunity is a nonstarter for the GOP
(DBN)

Detective on leave over posts ridiculing Seattle protesters struck by car
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Car drives into protesters at rally for the Black victim of an 'attempted lynching' in Indiana
(DBN)

The major police reforms that have been enacted since George Floyd's death
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What the police really believe
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Movement for Black Lives seeks sweeping legislative changes
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In Fayetteville, N.C., George Floyd killing divides black elected officials and protesters of color
(DBN)

Troubles cleave a nation, and a city
(DBN)

Deutsche Bank hit with $150M penalty for relationship to sex criminal Epstein Deutsche Bank Hit With $150 Million Penalty for Enabling Jeffrey Epstein: 'the Bank Did Little or Nothing...' Deutsche CEO Sewing says firm `learned our lesson’ after Jeffrey Epstein penalty
(DBN)

Ghislaine Maxwell goes from luxury retreat to Turkish-style jail Highest-ever security team monitoring Ghislaine every move in jail Ghislaine Maxwell reportedly branded a ‘snooty rich b—h’ by New Hampshire inmates Ghislaine Maxwell has copies of Jeffrey Epstein sex tapes, ex-friend says
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Roger Stone begs Trump for pardon or prison sentence commutation Roger Stone Makes Direct Plea for Pardon from President Trump: 'Save My Life!'
(DBN)

Court Strikes Down Trump's Asylum Ban
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Movie theater giants say New Jersey theater ban is unconstitutional Movie Theaters Cite Chief Justice Roberts in Lawsuit: If Churches Can Reopen, So Can We
(DBN)

A Philadelphia bar owner pulled a gun on a passerby who warned him and customers about social distancing
(DBN)

A Home Depot shopper was arrested after scuffling with a fellow customer over masks and saying 'white power'
(DBN)

Florida man goes berserk on old woman who asked him to wear a mask
(DBN)

Growing number of Texas sheriffs refuse to enforce governor's mask requirement
(DBN)

Texas County To Arrest COVID-19 Positive Residents Who Refuse To Self-Isolate
(DBN)

A California sheriff mocked the state's stay-at-home order. He changed his tune when COVID-19 cases surged
(DBN)

A San Francisco tech CEO was filmed leveling a racist rant against an Asian family at a California restaurant
(DBN)

As November Looms, So Does the Most Litigious Election Ever
(DBN)

Father’s loss to son in arm wrestling match led to shooting, standoff: cops
(DBN)

Bus driver beaten by passengers refusing to wear face masks left brain-dead
(DBN)

Former law firm partner suspended for approving settlements without telling insurer client
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Judges:

Bankruptcy Judge Vacancy - Jackson, MS
(DBN)

BK ND TX: United States Bankruptcy Judge Michelle V. Larson was appointed by the Fifth Circuit
(DBN)

Discipline Threatened for Judges Violating COVID-19 Orders
(DBN)

Florida lawyer wears full hazmat suit to court amid COVID-19 crisis A tie 'would have been a nice touch,' said one judge
(DBN)

This Federal Appellate Court Is Doing A Major Disservice To Black Lawyers
(DBN)

Black Clerks ‘Like Unicorns’ at Court Without Judges Like Them
(DBN)

High court: Chief justice hospitalized last month after fall
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Wall Street:

Stock futures are nearly flat following sell-off on Wall Street
(DBN)

Dow falls 397 points as coronavirus concerns smother tech rally
(DBN)

The stock market is poised for a 40% drop, warns economist who says the current climate feels a lot like 1929
(DBN)

Three explanations for why stocks rally past rising COVID-19 counts
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Layoffs:

Levi's is slashing 700 jobs — a total of 15% of its total workforce — as it becomes the latest victim of the coronavirus pandemic
(DBN)

300 BAE employees to be laid off
(DBN)

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Politics:

Americans trust governors more than Trump on coronavirus, new poll finds
(DBN)

Katie Miller, wife of immigration hardliner Stephen Miller, said she was sent to visit child detention centers to become more compassionate 'but it didn't work,' new book says
(DBN)

Tucker Carlson suggests Sen. Tammy Duckworth, who lost her legs in Iraq, hates America Duckworth condemns Tucker for questioning patriotism: 'Walk mile in my legs'
(DBN)

Why Mary Trump Wrote Her Book Trump cheated on his SATs, according to Mary Trump book Trump went to see a movie as his brother died alone in the hospital, according to Mary Trump's new book Mary Trump book: How she leaked Trump financials to NYT Highlights from Mary Trump's explosive tell-all book Niece’s tell-all paints Trump as ‘narcissist’ lost ‘to his own delusional spin’ Top Takeaways From Mary Trump’s Leaked Book Mary Trump’s Book Alleges That President Led a Life of Lies Trump said he didn't like the way Madonna chews gum and insulted an Olympic figure skater's calves after they refused to date him, according to Mary Trump's new book President Trump’s Retired Federal Judge Sister Attacked His Character During a 2015 Lunch, Book Claims Mary Trump’s Book Has Already Leaked--a Death Knell for Trump Family’s Lawsuit Trump Shaped by His Sociopathic Father Mary Trump's Book: 8 Shocking Claims Trump's worldview forged by neglect and trauma at home, niece says in book A Guided Tour Into the Troubled Mind of Donald Trump
(DBN)

Republicans and DC veterans fear Donald Trump won’t accept election defeat
(DBN)

9 GOP Consultants on November Elections
(DBN)

Democrats Swiftly Gaining Ground In Race For Senate Majority Democratic contenders report strong Q2 fundraising hauls ahead of Senate races
(DBN)

Trump Is Acting as If He Wants to Lose
(DBN)

White House Struggles to Explain Trump’s Confederate Flag Stance
(DBN)

Mulvaney: Trump faces ‘real headwinds’ if election turns into a ‘referendum’ on him
(DBN)

Trump Pandemic Response Turns ‘America First’ Into America Last
(DBN)

As Confederate monuments fall, a Florida community to vote on putting one up
(DBN)

Gen. Robert E. Lee is the only Confederate icon still standing on a Richmond avenue forever changed
(DBN)

Trump’s Stands on Confederacy and Race Out of Step With Voters
(DBN)

Kanye West says he no longer supports Trump: Report
(DBN)

Mississippi capital named after Andrew Jackson votes to remove his statue from City Hall
(DBN)

Donald Trump’s Lost Cause
(DBN)

Richmond removes statue of Confederate Gen. J.E.B. Stuart
(DBN)

RNC will test Jacksonville attendees daily for COVID-19 Sen. Alexander becomes second senior Republican lawmaker to announce plans to skip GOP convention At least 5 Republican senators say they will not attend GOP convention Republicans split over whether to attend the convention
(DBN)

At least 8 Mississippi lawmakers test positive for coronavirus
(DBN)

NJ: Felons Voting Rights Restored
(DBN)

CDC voting safety guidelines endorse mail, early balloting
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Food/Beverage:

How risky is dining out during the COVID-19 pandemic?
(DBN)

Shake Shack says it lost $3.2 million in sales due to protests and curfews
(DBN)

Bankruptcy Guide for Restaurants
(DBN)

Newly Minted Home Chefs Mark Another Blow to U.S. Restaurants
(DBN)

Dunkin' closes nearly 450 locations by 2021
(DBN)

Chain restaurants including Dunkin' and Starbucks are permanently closing over 1300 total locations during the pandemic. Here's the full list of chains.
(DBN)

Can Salad Bars Be Saved?
(DBN)

Pubs Need Commuters and Soccer Fans
(DBN)

CDC says 9% of meatpacking plant workers have been diagnosed with Covid-19 Virus Killed 86 U.S. Meat-Plant Workers Through May, CDC Says
(DBN)

Boston Tavern Pivots To 'Plan B' To Try To Survive The Pandemic
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Sports:

Japan preps for baseball fans as U.S. struggles with coronavirus surge
(DBN)

San Francisco Giants Are the Latest MLB Team to Suspend Workouts
(DBN)

MiLB teams face sales, bankruptcy as league cancels 2020 season
(DBN)

MLB Covid-19 testing hits snag because FedEx didn’t run over holiday weekend
(DBN)

Trump wants tax breaks to lure baseball fans back, but incentive could misfire with attendance still barred
(DBN)

NFL proposes placing a portion of players' salaries for 2020 season into escrow
(DBN)

Eagles' DeSean Jackson posts anti-Semitic quotes on social media
(DBN)

Sports bubbles are good places to study COVID-19
(DBN)

Loeffler urges WNBA to scrap pro-Black Lives Matter jerseys
(DBN)

College basketball star Rasir Bolton said he left Penn State over coach's 'noose' comment
(DBN)

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Education:

As pandemic rages, prominent colleges announce online semesters
(DBN)

U.S. Schools Must Reopen. Are You Listening, New York?
(DBN)

Florida schools must reopen with in-person instruction, education commissioner says
(DBN)

Trump Insists Schools Must Open, But Teachers Aren’t So Sure White House urges schools to reopen in fall, says students can return 'quite safely' Trump is pushing to reopen schools, which he claims are closed for political reasons and not to curb the coronavirus spread DeVos Blasts Schools Hesitant to Reopen
(DBN)

New U.S. visa rules threaten to deport 369,000 Chinese students Stemming the flow of international students puts some U.S. colleges in jeopardy Harvard Says U.S. Visa Rules Upend Colleges’ Pandemic Planning
(DBN)

Students may not get "the true college experience" this year
(DBN)

College in America could be changed forever
(DBN)

Georgia universities to now mandate masks
(DBN)

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Retailing:

Ann Taylor parent company Ascena will reportedly close 1,200 stores across its brands as it prepares for bankruptcy Lane Bryant, Ann Taylor owner to file for bankruptcy: Report Ann Taylor Owner Ascena Prepares Bankruptcy to Cut Debt, Stores
(DBN)

Pandemic is Rewriting American Retail
(DBN)

‘The anxiety is so high’: Back to school will be different this year. What it means for retail
(DBN)

Retail group asks U.S. governors to mandate wearing face masks
(DBN)

RTW Retailwinds gets forbearance after loan default After Warning of ‘Probable’ Bankruptcy, New York & Co. Parent Enters Forbearance
(DBN)

Store Visits Drop in North America for First Time in 10 Weeks
(DBN)

Retail's reopening
(DBN)

The pandemic has exposed the dark underside of fast fashion's supply chains
(DBN)

Costco led the way in requiring shoppers to wear masks. Anti-mask customers are still fighting back. Maskless Florida Man Screamed That He Was the Victim When Costco Customers Called Him Out. He's Been Fired.
(DBN)

Black Friday as we know it is finally dead
(DBN)

US retail rebound falters
(DBN)

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Tech:

Sandberg Says Facebook ‘Has to Get Better’ on Hateful Content
(DBN)

Out of ten demands from civil rights groups leading a Facebook ad boycott, the social media giant addressed just one — and its vague response failed to impress
(DBN)

Congress vs. tech's gang of four
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Climate:

Economists Warn That a Hotter World Will Be Poorer and More Unequal
(DBN)

Forecasters Raise Atlantic Hurricane Outlook to 20 Named Storms
(DBN)

Unprecedented heat in Siberia pushed planet to warmest June on record, tied with last year
(DBN)

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Festivals:

State Fair of Texas canceled for 2020 season
(DBN)

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Theme Parks:

Disneyland's closure is devastating local businesses. But some still say the park should not open yet.
(DBN)

Disney says Walt Disney World reopening is on track for Saturday
(DBN)

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Lehman:

Judgment handed down in latest Lehman directions application
(DBN)

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Economy:

BLS: Job Openings increased to 5.4 Million in May U.S. Job Openings Unexpectedly Increase as Hires Climb to Record
(DBN)

U.S. recoups 6.5 million jobs in May, but rehiring set to slow amid fresh coronavirus outbreak Hiring soared in May as mass layoffs eased
(DBN)

Looking For Work: The Silence Is Overwhelming
(DBN)

U.S. tech and financial hubs see large declines in job postings
(DBN)

Robert Shiller: Coronavirus fear factor may weigh on nation for years
(DBN)

Fed’s Bostic Says Virus Spread Threatens to Undermine Confidence
(DBN)

Fed’s Mester says economic growth ‘leveling off,’ sees more help needed
(DBN)

New York, Nevada Lead GDP Contraction in the First Quarter
(DBN)

'Want' Captures The Precariousness Of America's Middle Class
(DBN)

'People are getting nervous again': Fed president says virus resurgence could prematurely freeze economic recovery
(DBN)

There's a bold new solution being proposed to help bring back all the workers sidelined by the coronavirus: universally guaranteed jobs
(DBN)

Hires hit one-month record high while layoffs see new low, JOLTS report shows
(DBN)

The U.S. Can’t Wait Half a Decade for a Jobs Recovery
(DBN)

The ugly truth about millions of American jobs: They are not coming back
(DBN)

The extra $600 Americans get in weekly unemployment benefits ends next month — how lawmakers are proposing to replace it
(DBN)

'We Need Help': People At Higher Coronavirus Risk Fear Losing Federal Unemployment
(DBN)

Pandemic Aid Helps Make the Case for Basic Income
(DBN)

Second Stimulus Check Income Eligibility May Be Capped At $40,000 More Stimulus Checks Now More Likely, But Not For Everyone
(DBN)

More than two-thirds of people collecting unemployment earn more than they did at their old jobs
(DBN)

The 4 stimulus plans Congress is debating that could put extra cash in your bank account
(DBN)

Congress’s Covid-19 rescue plan was bigger than the New Deal. It’s about to end.
(DBN)

'An essential tool:' 156 top economists call for recurring stimulus checks until the economy recovers from the coronavirus pandemic
(DBN)

White House Wants Stimulus by August Recess With $1 Trillion Cap
(DBN)

Billionaire-backed private members' club Soho House received almost $22 million in coronavirus PPP loans The billionaires and country clubs that received small business loans from the government Fallen hedge fund's head among money managers getting PPP relief Among companies getting millions in U.S. loans: South Korea’s biggest airline Breaking down the PPP disclosure debacle Megachurches and Televangelists' PPP Loans 'McCongressman' Gets a Large Order of PPP Businesses connected to Trump advisor Jared Kushner and his family received millions in paycheck protection loans Vocal Opponents Of Federal Spending Took PPP Loans, Including Ayn Rand Institute, Grover Norquist Group Small business aid winners include Five Guys, Planned Parenthood, Grindr As Americans Avoided Restaurants And Doctors' Offices, Those Businesses Got Loans Thousands of Mass. companies received PPP loans without retaining jobs, SBA database shows The PPP Program is a Mess Top Galleries, Famous Artists Got Millions in U.S. Bailout Loans
(DBN)

Treasury Says Small-Business Loans Supported Over 50 Million Jobs U.S. pandemic aid program saved 51.1 million jobs, but wealthy and connected also benefited
(DBN)

Big banks stand to earn hundreds of millions from PPP loan fees
(DBN)

Stop trying to shame companies that took PPP loans
(DBN)

Two Thirds of PPP Loans Were For $50,000 or Less
(DBN)

Rising coronavirus cases pause U.S. economic recovery Cuomo Adds Three States to New York’s 14-Day Quarantine List 'Almost In Tears': A Hairstylist Worries About Reopening Too Soon NYC Seeks July 13 Reopening of 3,000 Child Care Centers Birx: Some Southern states "stepped on the gas" when reopening Fertitta calls for federal rules, says it’s ‘ridiculous’ to open and re-close
(DBN)

As Businesses Reopen, Many Americans Plan to Spend Less
(DBN)

Corporate America’s new role in coronavirus era: Face mask police
(DBN)

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

States rush to keep afloat businesses crushed by the pandemic
(DBN)

There's growing evidence that economies which fought coronavirus aggressively at the start of the pandemic are bouncing back faster than those slow to act. Just look at Germany and Vietnam.
(DBN)

How the widening wealth gap became color-blind
(DBN)

Covid-19 Is Turning San Francisco’s Inequality Gap Into a Chasm
(DBN)

Pandemic Exacerbates Inequality as Vulnerable Workers Bear Brunt
(DBN)

World's richest billionaires risk turning US into 'powder keg' as their wealth surges
(DBN)

The myth of closing the racial wealth gap with financial literacy
(DBN)

Even bosses are appalled at how much companies are spying on staff at home The coronavirus is ushering in a new era of surveillance at work
(DBN)

Japan Tells U.S. It’s Concerned About Trump’s Work Visa Freeze
(DBN)

U.S. government's boxed food aid promise falls short
(DBN)

1 in 10 young adults moved due to the coronavirus pandemic About a fifth of U.S. adults moved due to COVID-19 or know someone who did
(DBN)

More U.S. Young Adults Return Home as Pandemic Reduces Options
(DBN)

There's a direct link between income and happiness, and lower-income white Americans have gotten sadder since the 1970s — setting up Gen Z for unhappy times to come
(DBN)

Social Security’s funds face shortfall amid pandemic
(DBN)

What Beer Sales Tell Us About The Recession
(DBN)

How the coronavirus pandemic changed mobility habits, by state
(DBN)

FBI chief slams Chinese cyberattacks on U.S., calls it ‘one of the largest transfers of wealth in human history’
(DBN)

US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

Third Circuit Addresses Tenant's Rights under an Unexpired Rejected Lease
(DBN)

Consumers, especially renters, are feeling much better about buying a home
(DBN)

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

CoreLogic: House Prices up 4.8% Year-over-year in May Home prices in Florida and Arizona expected to drop due to COVID-19 “perfect storm”
(DBN)

31% of renters doubt they will be able to pay next month’s rent on time
(DBN)

More proof that rent is getting cheaper across the U.S.
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases for Third Straight Week to 8.39%" of Portfolio Volume
(DBN)

Seattle Real Estate in June: Sales down 8% YoY, Inventory down 32% YoY
(DBN)

Las Vegas Real Estate in June: Sales down 19% YoY, Inventory down 31% YoY
(DBN)

U.S. home prices seen falling 6.6% on COVID-19 economic damage
(DBN)

Retail Properties Of America Collects 65.3 Pct Of Q2 Rent
(DBN)

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Municipalities:

By the Numbers: A Look at Municipal Bankruptcies Over the Past 20 Years
(DBN)

Puerto Rico, Still Reeling From Old Disasters, Is Slammed by Covid-19
(DBN)

Ouster of Puerto Rico law official sparks controversy
(DBN)

Cuts to basic services loom as coronavirus sends states into fiscal crisis
(DBN)

Texas sees sharp decline in tax revenue as coronavirus surge unleashes more budget uncertainty
(DBN)

The top 25 recession-proof cities in the US
(DBN)

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Oil/Gas:

Necessity or Overreach? Weighing the Costs and Benefits of State Law Interpretation in Oil and Gas Bankruptcy Cases
(DBN)

Is That a Real Covenant, or Just an Executory Contract? Midstream Agreements to be Tested in Coming Wave of E&P Bankruptcy Cases.
(DBN)

Oil's coronavirus recovery is stuck in neutral
(DBN)

Oil Stuck Below $41 as Surging Virus Cases Dim Demand Outlook
(DBN)

Why the Bakken May Not Come Back
(DBN)

Chesapeake Bankruptcy – The Rise and Fall of a 21st Century Wildcatter
(DBN)

Frac sand co. Hi-Crush extends bankruptcy negotiations with creditors
(DBN)

Oil sands firms restoring production to seize upon higher prices
(DBN)

Pipeline setbacks in U.S. rattle oil sands producers in Canada
(DBN)

Oil Stuck With Signs US Crude Stockpiles Swelled
(DBN)

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Healthcare:

Quorum Health Corporation Completes Financial Restructuring, Appoints Joey Jacobs CEO
(DBN)

Southern Inyo Hospital District Has Bankruptcy Plan Approved
(DBN)

At hundreds of rehabs, recovery means work without pay
(DBN)

Global cases of COVID-19 hit 11.64 million; U.S. leads with 2.94 million as cases climb in 40 states US Posts New Daily Virus Case Record Of 60,209: Johns Hopkins New model predicts more than 208,000 Covid-19 deaths in the US by November
(DBN)

Americans are the dangerous, disease-carrying foreigners now
(DBN)

It Really Is Trump’s Fault
(DBN)

It's America vs. world as coronavirus spreads and hospitalizations rise
(DBN)

Nearly 1 in 3 Kentuckians are enrolled in Medicaid as COVID-19 recession ends jobs
(DBN)

U.S. Exceeds Virus Testing Goals as Wait Times for Results Rise
(DBN)

The US just gave its biggest coronavirus vaccine payment yet to the little-known biotech Novavax
(DBN)

Global resistance to vaccines could complicate efforts to control the coronavirus
(DBN)

Coronavirus half a year on: What do we know so far?
(DBN)

WHO officials are reviewing new evidence of airborne transmission in coronavirus
(DBN)

WHO says it’s worried about fast spreading coronavirus outbreaks in the Americas
(DBN)

White House begins the process of withdrawing from the World Health Organization
(DBN)

Covid-19 cases are rising, but deaths are falling. What’s going on? A Lower Covid-19 Death Rate Is Nothing to Celebrate WHO says coronavirus deaths could start to rise again after cases accelerated in recent weeks Fauci: "False narrative" to take comfort in lower coronavirus death rate Coronavirus deaths are rising in hotspots
(DBN)

The Pandemic Experts Are Not Okay
(DBN)

Think a 'mild' case of Covid-19 doesn’t sound so bad? Think again
(DBN)

Many Stay Sick After Recovering from Covid 19
(DBN)

Coronavirus antibodies disappear in some patients: study
(DBN)

Herd immunity strategies called into question after coronavirus antibody study in Spain
(DBN)

This is terrible news if you hoped we might soon put the coronavirus pandemic behind us
(DBN)

Birx Says States Mandating Masks Can Change Course of Pandemic
(DBN)

View mask refusers like drink drivers: leading scientist
(DBN)

Here’s one ‘remarkable’ difference between COVID-19 and the 1918 Spanish flu
(DBN)

How California went from a coronavirus success story to a worrying new hot spot Newsom, coming under fire, ramps up enforcement and adds counties to watchlist
(DBN)

A key metric — the share of coronavirus tests coming back positive — shows how states' outbreaks have gotten out of control
(DBN)

Arizona reports record daily coronavirus deaths and hospitalizations
(DBN)

Texas reports more than 10,000 coronavirus cases
(DBN)

Florida invited the nation to its reopening - then it became a new coronavirus epicenter
(DBN)

More Than 40 Hospital ICUs In Florida Have Hit Maximum Capacity With Zero Beds Available Coronavirus strains Florida health system as some hospitals run out of ICU beds Florida still not reporting how many hospitalized with COVID. DeSantis won't say why.
(DBN)

Many in this Southern city are living like there's no pandemic. That's made it a hot spot.
(DBN)

FL: Area Hospitals 'Seriously Worried' as Hospitalizations Rise
(DBN)

Healthcare Workers Fear A Return To PPE Shortages As Coronavirus Caseloads Climb
(DBN)

Trump touting hydroxychloroquine again despite FDA warning
(DBN)

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Pharma:

Purdue Pharma Made Political Contributions After Going Bankrupt
(DBN)

Activists see Purdue bankruptcy case as last chance to call Sacklers to account
(DBN)

VIVUS Completes Solicitation for In-Court Reorganization Plan to Become a Wholly Owned Subsidiary of IEH Biopharma LLC Vivus files for Chapter 11 bankruptcy in Delaware
(DBN)

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Cruise Lines:

Cruise companies hire Dr. Scott Gottlieb, other experts to advise on coronavirus
(DBN)

The World’s Cruise Ships Can’t Sail. Now, What to Do With Them?
(DBN)

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Autos:

Update On Hertz: Still Worthless
(DBN)

Bankruptcy estate of Reagor-Dykes claims new plan is ready to pay off creditors
(DBN)

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Agribusiness:

Farm bankruptcies on the rise – What can we do about it?
(DBN)

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Movie Theaters:

AMC surges after WSJ report that company is working on deal to avoid bankruptcy AMC movie theaters close to deal to avoid near-term bankruptcy
(DBN)

Theater Chains Say Movies Are Safer Than Church in New Jersey Suit
(DBN)

Will Coronavirus Create a Debt Crisis for Movie Theaters?
(DBN)

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Distressed Investing:

Lynn Tilton Faces $41.8M Loss After Ch. 7 Trial
(DBN)

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Religion:

Vicar of Finance says Archdiocese of New Orleans is solvent during May creditors meeting
(DBN)

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Media:

Four takeaways from the PPP loans to media companies show the far-reaching toll of the pandemic
(DBN)

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Nursing Homes:

New coronavirus outbreak confirmed at Castleton nursing home
(DBN)

Pennsylvania nursing home gave some veterans hydroxychloroquine without covid-19 testing
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (62 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:

Experts expect surge in bankruptcies in the second half of the year as coronavirus cases surge
(DBN)

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Force Majeure:

An Act of God, or Another Failing Restaurant? Illinois Bankruptcy Court Rules on Force Majeure Clause in the Wake of COVID-19 Shutdown Order
(DBN)

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Litigation:

3 Questions For A Harvard Dropout Turned Litigation Funding CEO (Part I)
(DBN)

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Bankruptcy Remoteness:

Can a Lender (through an affiliate) Control Whether a Borrower Can file for Bankruptcy?
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Avoidance Actions:

Wage Deposits into Entireties Account Constitute "Transfers" for Fraudulent Transfer Purposes
(DBN)

Delaware Bankruptcy Court Gives "Green Light" to Potential Claw Back of Bank Fees
(DBN)

Is Cryptocurrency Use an Automatic Badge of Fraud?
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CBAs:

Eleventh Circuit Holds that Going Concern Sale Constitutes "Reorganization" for Purposes of Modifying Retiree Benefits under Section 1114
(DBN)

Coal Act Benefits within Purview of Section 1114
(DBN)

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Consignments:

Filing of UCC-1 Determinative Of Priority In Consigned Goods Under Article 9
(DBN)

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Post-Petition Attorney's Fees:

Reversing The Bankruptcy Court, The District of Delaware Joined The Holdings of Five Circuit Courts of Appeals and Allowed a Secured Creditor's Unsecured Claim for Post-Petition Attorney's Fees
(DBN)

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Property of the Estate:

Whose Claim is it Anyway? The Fifth Circuit Court of Appeals Further Clarifies How to Distinguish Direct and Derivative Claims in Bankruptcy
(DBN)

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Mediation:

Inertia in Decision Making: Implications for Mediation?
(DBN)

____________

Ch. 13:

6th Cir. Holds Voluntary 401(k) Contributions Are Not ‘Disposable Income’ for Chapter 13 Bankruptcy Plans
(DBN)

____________

Sales:

The Ditech Dilemma: How § 363(o) Affects Plan Sales
(DBN)

Key US Antitrust Issues in Bankruptcy and Distressed Sales
(DBN)

Agent's Consent to Sale Bars Objections from Dissenting Lenders
(DBN)

____________

Plan Confirmation:

Ultra Confusion: Fifth Circuit Clarifies "Impairment" Analysis but Signals Future Circuit Split on Make-Whole Premiums and Post-Petition Interest
(DBN)

____________

Sovereign Immunity:

Delaware Bankruptcy Court finds Eleventh Amendment Sovereign Immunity does not Prevent Trustee from Pursuing Claims against State of California
(DBN)

____________

Compromises:

Wake Up and Smell the Compromise: Coffee Farmers Case Encourages Pre-Bankruptcy Workouts and Protects Priority Status to Secured Lenders who Compromise
(DBN)

____________

Aviation:

Delta, Southwest Lay Groundwork to Take Federal Loans If Needed Delta, United and other airlines strike deal for federal coronavirus loans
(DBN)

Airline bookings start to tumble again as coronavirus cases spike
(DBN)

As it moves aggressively to restore confidence, Boeing flies into an uncertain future
(DBN)

Ravn sells off dozens of small planes to Alaska companies
(DBN)

Qatar Airways is requiring passengers to wear face shields. This is what health experts had to say.
(DBN)

Lufthansa Starts Reducing Fleet, Cutting Jobs After State Rescue
(DBN)

Heathrow Aims to Trial Virus Tests Opening Way to U.S. Flights
(DBN)

Travel Restrictions on Americans Erode a Sense of Passport Privilege
(DBN)

American Airlines says people signed their pets up for frequent-flyer programs to try and scam big mileage bonuses from credit card offers
(DBN)

Kenya Airways Pilots Offer Going on Unpaid Leave in Jobs Tussle
(DBN)

Mexico’s President Flies Coach to Washington to Seal His Bet on Trump
(DBN)

Aeromexico looking to restructure seven bonds worth $300 million: media
(DBN)

AirAsia in Trading Halt After Auditor Notes 'Going Concern' Doubts AirAsia’s Future in ‘Significant Doubt,’ Ernst & Young Warns
(DBN)

South African Airways Labor Unions Accept Severance Packages
(DBN)

Tourist stranded in airport for 100 days due to coronavirus
(DBN)

____________

Satellites:

UK must answer questions on OneWeb purchase
(DBN)

____________

Newspapers:

McClatchy auction pushed back one day as potential buyers finalize their proposals
(DBN)

____________

Fraud:

Americans lost $77 million to Covid-19 fraud. The real tally is likely much more
(DBN)

Pandemic Is a Great Incubator for Financial Fraud
(DBN)

____________

Maritime:

Preparing for the Next Hanjin: The Unique Challenges and Ripple Effects of Maritime Insolvency and Restructuring
(DBN)

____________

Apparel:

Levi’s sales fall 62% in second quarter, to cut 15% of corporate workforce
(DBN)

____________

Consumer Finance:

New payday lending rules could leave 12 million Americans ‘exposed’ to debt trap
(DBN)

____________

Personal Finance:

How is coronavirus changing us? 12 life lessons we are learning
(DBN)

There is more to picking a place to retire than low taxes — avoid these 5 expensive mistakes
(DBN)

The pandemic will reshape parenthood — for better and for worse
(DBN)

____________

Sovereigns:

IMF praises Argentina's latest debt offer to creditors Argentina's Guzman says fate of debt deal in creditors' hands after 'final' offer
(DBN)

Implement substantive reforms, Paris Club creditors tell Zimbabwe
(DBN)

____________

UK:

Economists warn of U.K. jobs crisis ahead of crucial budget
(DBN)

Royal Staffers Face Layoffs as Palaces Lose Millions in Tourism Income amid Coronavirus
(DBN)

London Luxury Rents Slump as Pandemic Puts Sellers on Sidelines
(DBN)

U.K.’s Johnson Refuses to Apologize Over Care Home Covid Blame
(DBN)

U.K. Support for 12.1 Million Jobs Adds to Pressure on Sunak
(DBN)

U.K. Productivity Challenge Worsens Amid Coronavirus Crisis
(DBN)

Daily Mirror owner Reach to cut 550 jobs as sales fall
(DBN)

Cost of job subsidy schemes tops £35bn
(DBN)

Workers offered regular COVID-19 tests 'face mounting tax bill', chancellor told
(DBN)

Shopping trips still 50% down as pub reopenings fail to deliver boost
(DBN)

Britain chooses fights as it seeks its place in a post-Brexit world
(DBN)

U.K.’s Sunak Urged to Go Further to Protect Young From Recession
(DBN)

Planning U.K.’s Route Out of Recession, Sunak Sips From $226 Cup
(DBN)

U.K. Fines Grant Thornton, Sanctions Ex-Managers for Audit
(DBN)

____________

EU:

Europe Sees Deeper Slump With Fresh Warning on Uneven Virus Hit EU Warns 2020 Recession Will Be Deeper, 2021 Recovery Less Robust, Than Previously Thought Deep European Recession Forecast for 2020
(DBN)

ECB's Costa calls for TARP-style bad debt fund to relieve banks
(DBN)

____________

PIIGS:

Santander Braces for Potential Capital Hit on Covid Loans
(DBN)

Greece: Banks lift burden off debtors
(DBN)

Italy could ‘section’ people who refuse treatment for Covid-19
(DBN)

____________

Canada:

Canada’s “national shame”: Covid-19 in nursing homes
(DBN)

Frank And Oak set to close stores, look for buyer or financing as existing investors unwilling to back
(DBN)

Massive deficit to be revealed today begins new era of debt for Canada Canada's federal deficit to exceed $300 billion, Globe reports
(DBN)

____________

Australia:

Battling second virus wave, Australia puts city of Melbourne under lockdown Melbourne will re-enter stage three lockdown for six weeks from Wednesday night. Here's what that means.
(DBN)

____________

China:

China’s jobs problem runs deeper than the coronavirus
(DBN)

____________

Japan:

Japan’s Bankruptcies Jump 148% From May as Courts Reopen Japan's first-half bankruptcies rise for the first time in 11 years
(DBN)

Japan sees case uptick but no will for closures
(DBN)

____________

Sweden:

Swedish Covid Infections Drop After Steady Distancing Patterns
(DBN)

Sweden Has Become the World’s Cautionary Tale
(DBN)

What Sweden Can Teach Us About Coronavirus
(DBN)

____________

Russia:

Russian Doctors Distrust Official Covid-19 Numbers, Poll Shows
(DBN)

____________

MENA:

Netanyahu Weighs New Lockdown as Alliance Fails to Quell Virus
(DBN)

Iranians Urged to Comply With Virus Curbs After Deadliest Day
(DBN)

____________

South Africa:

South Africa’s Central Banker Warns of Unsustainable Debt Spiral
(DBN)

South African Consumer Mood Drops to 35-Year Low During Lockdown
(DBN)

____________

New Zealand:

Business failures: Worst yet to come, insolvency expert predicts bleak 2021
(DBN)

____________

Kenya:

Kenya Rules Out Reopening of Schools This Year Due to Pandemic
(DBN)

____________

Germany:

Merkel devastated as Germany threatened by bankruptcy wave - 5 million at risk
(DBN)

Wirecard Flourished in Regulatory Blind Spot That’s Growing Wirecard administrator sees strong interest from potential buyers
(DBN)

____________

India:

India reports third-highest coronavirus case count in the world
(DBN)

Banks dismiss Mallya's settlement offer as ‘dead in the water’, try again to make him bankrupt
(DBN)

____________

Hong Kong:

Hong Kong local virus cases jump, alarming health officials
(DBN)

A swift Hong Kong decoupling looms
(DBN)

____________

Australia:

Australia’s Economic Reckoning Delayed as Loan Holiday Extended
(DBN)

____________


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