June 4, 2020

The Daily Bankruptcy News

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Law:

Will Some Law Firms Reopen Their Offices Too Soon?
(DBN)

Charlie Brown, Lucy, And That Football
(DBN)

Automation, Bingo, Zoom: Inside a Virtual Big Law Summer Program
(DBN)

Former BigLaw paralegal claims she was fired for reporting comment about too-tight pants
(DBN)

North Carolina Also Demands Waiver In Case It Kills Anyone With Bar Exam
(DBN)

Ample Supplies Of Stupidity Still Available
(DBN)

The Coronavirus Crisis Has Forced Firms to Act Quickly. Will They Continue When It's Over?
(DBN)

Harvard Law Will Remain Online-Only for Fall Semester
(DBN)

In-House Counsel Concerned Over Liabilities Associated With COVID-19
(DBN)

Amazon warehouse employees sue company over possible exposure to coronavirus: report
(DBN)

McDonald’s Case Tests Nuisance Theory for Workplace Virus Safety
(DBN)

Rod Rosenstein defends Mueller appointment at hearing on Russia probe • Ted Cruz Put Rod Rosenstein On The Spot: Either You Were ‘Complicit’ or ‘Grossly Negligent’ • Rod Rosenstein Defends Jeff Sessions' Recusal and Mueller’s Appointment, But Throws FBI Under the Bus
(DBN)

FBI 'has no intelligence' indicating antifa was linked to weekend violence in the George Floyd protests, despite Trump and Republicans' claims • In photos: People around the world show support for George Floyd • Protests around the world: This time it’s different • More than 70 cars stolen from Dodge dealership during looting spree • Union head blames anti-police rhetoric after NYC cop stabbed in neck • A Georgia Sheriff Posted a Meme Asking if the U.S. Could Start 'Hanging Traitors' • Vehicle Attacks Against Protesters Rising • Dozens of US cities remain under curfew • 3,000 Protesters Arrested in Los Angeles • Nation’s streets calmest in days; police credit curfews • ‘Eyes are on you:’ Minneapolis neighbors band to stand guard • They wanted to protest peacefully. Police responded with force. On the ground in Minneapolis. • The trope of “outside agitators” at protests, explained • Ferguson elects first black mayor in city's history nearly six years after protests solidified Black Lives Matter movement • Protests were peaceful Tuesday, with provocations largely coming from police • Mass protests show no sign of fading more than a week after George Floyd's death • Men wearing Hawaiian shirts and carrying guns add a volatile new element to protests • Ohio State student journalists told police they were media. Then police sprayed them • The disturbing history of tear gas as the weapon of choice against protesters • US Park Police denies using tear gas on peaceful protesters. Evidence suggests otherwise • Trump demands journalists correct stories on the use of tear gas. According to the CDC, it was tear gas • Milwaukee Police Fire Tear Gas at Protesters Chanting 'We Are Peaceful' • Washington State Trooper Caught on Video at Seattle Protest Saying 'Don't Kill Them, But Hit Them Hard' • Johnson & Johnson CEO on George Floyd protests: White men need to ‘do more listening’ • ‘No matter how well you speak, or how educated you are, my blackness will always define me.’ Black graduates on racism in America • Thousands Descend on London to Protest Against Killing of George Floyd • 'I'm a Blue Lives Matter Activist, We Have Spent Our Lives Defending People Who Are Now Behaving Like Deviants' • Denver cop fired for "Let's start a riot" post during protests • University students withdraw over video appearing to mock George Floyd's death • NYC has taken a "step forward" in restoring order, mayor says • Minneapolis Ranks Near The Bottom For Racial Equality • Minnesota launches civil rights probe of state police department in hopes of bringing change • Michigan Woman Charged After Livestreaming Herself on Facebook Rioting, Looting • N.J. Governor Urges Protesters to Wear Masks, Keep Distance • Looters flee in luxury SUVs after ransacking NYC stores: video • Past presidents have used the Insurrection Act to protect civil rights and enforce desegregation. Trump could use it to quell the protests against police brutality • George Floyd had coronavirus and died after cardiac arrest, police report claims • Heavily armed man posing as National Guardsman caught by real soldiers, L.A. cops say • The White House's unproven claims on Facebook and Twitter that antifa activists are placing bricks to incite riots have been taken down
(DBN)

'It Could Have Been Me': Black Attorneys Reflect on George Floyd's Death and What Comes Next
(DBN)

Amazon’s top lawyer sent a “Black Lives Matter” memo. But he didn’t mention his own racial controversy.
(DBN)

Law Schools Have an 'Obligation' to Help End Racism and Injustice, Deans Argue
(DBN)

For 200 years, the Insurrection Act has given presidents the power to deploy the military to quell unrest
(DBN)

Officers Thomas Lane, Tou Thao, and Alexander Kueng to Be Charged in Police Killing of George Floyd • All Four Cops Involved in George Floyd’s Alleged Murder to Face Charges; Family Says ‘This Is a Bittersweet Moment’ • Derek Chauvin’s Now Faces 2nd-Degree Unintentional Murder; 3 Other Officers Charged
(DBN)

America is awash in cameras, a double-edged sword for protesters and police
(DBN)

Trump says the Supreme Court would allow a 'very powerful flag-burning statute.' He's wrong.
(DBN)

Why police can violate your constitutional rights and suffer no consequences in court
(DBN)

Rapper Busted For Appeal To Shoot, Kill Cops
(DBN)

Florida man allegedly punched police dog, attempted to incite riot
(DBN)

Jeffrey Epstein victims compensation fund will go into effect June 15
(DBN)

From Homeless On Heroin To Law Student
(DBN)

______________

Judges:

California appeals judge is removed from bench for sexual harassment and unwanted touching
(DBN)

We Don’t Need No Stinkin’ Courthouses, Texas Jury Trials Move to Zoom
(DBN)

______________

Wall Street:

Stock futures drop as Wall Street rally looks set to pause
(DBN)

Dow surges 527 points as positive labor-market data overshadows nationwide protests
(DBN)

This is the greatest 50-day rally in the history of the S&P 500
(DBN)

Why is Wall Street soaring while Main Street is burning?
(DBN)

Hedge funds brace for second stock market plunge
(DBN)

______________

Layoffs:

Next Wave of U.S. Job Cuts Targets Millions of Higher-Paid Workers
(DBN)

Perella Weinberg to Cut 7% of Workforce Amid Dealmaking Slowdown
(DBN)

AmEx fears second joblessness wave after no-layoff vows expire
(DBN)

Why Seagate Technology laid off 500 employees this week
(DBN)

Preservation Society of Newport County lays off 231
(DBN)

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Student Debt:

Wall Street Halts Massive Student-Loan Relief Deal in Court
(DBN)

California sues Education secretary over lack of student loan forgiveness
(DBN)

Financing college by signing income-sharing agreements sounds tempting — but consumer advocates raise red flags
(DBN)

____________

Politics:

In Changing U.S. Electorate, Race and Education Remain Stark Dividing Lines
(DBN)

'The Bible is not a prop': Religious leaders, lawmakers outraged over Trump church visit • I'm a priest. The police forced me off church grounds for Trump's photo op.
(DBN)

Senate Republicans struggle to respond to Trump's actions on protests
(DBN)

Trump's troubles grow, spread
(DBN)

James Mattis Denounces President Trump, Describes Him as a Threat to the Constitution • Mattis unloads on Trump in blistering statement saying he's turning Americans against each other during nationwide protests • Former Defense Secretary Mattis breaks silence and tears into Trump: ‘He tries to divide us’ • Trump hits back at Mattis: "I gave him a new life"
(DBN)

Retired Marine Gen. John Allen: Trump's threats of military force may be 'the beginning of the end of the American experiment'
(DBN)

Bill Barr Takes Charge of Trump’s Crackdown as the Military Tries to Back Away
(DBN)

GOP Group Comes Out Against Trump on Fox
(DBN)

Blodget, Plotz: This is how democracies slide into dictatorship
(DBN)

House Democrats Promise Bill on Policing, Race Within Weeks
(DBN)

Donald Trump, friend of 'all' peaceful protesters?
(DBN)

Trump did go to bunker during protests — but claims it was for ‘inspection’ • Donald Trump's 'bunker' story tells you everything you need to know about him
(DBN)

George Floyd protests will not help Trump win reelection. Here's why.
(DBN)

Past Presidents Faced Police Brutality and Protests. They Handled It Differently.
(DBN)

Esper opposes using Insurrection Act for law enforcement • Esper catches White House off guard with opposition to military use, photo op • Pentagon didn't expect Trump to deploy more troops after Esper call • Trump is talking about using tanks to quell the George Floyd protests, but the Pentagon is getting cold feet • White House reportedly 'not happy' with Pentagon chief after he broke with Trump on using combat troops to confront protesters
(DBN)

Trump looks elsewhere after GOP convention spat with NC gov
(DBN)

Pennsylvania county commissioner urged to resign after calling Black Lives Matter a 'radical left-wing hate group'
(DBN)

West Virginia governor says he welcomes all, except Obama
(DBN)

Trump, chafing at oversight, takes aim at inspectors general
(DBN)

Biden begins to map out 'revolutionary' agenda, reimagining his presidency amid national upheaval
(DBN)

Joe Biden up 11 over President Trump in new poll • Quinnipiac poll: Trump-Biden `too tight to tell’ in Texas • Fox News polls: Trump trails Biden in Ohio, Arizona and Wisconsin
(DBN)

More Americans Disapprove of Trump Than Any President at This Point in Their Term: FiveThirtyEight’s Nate Silver
(DBN)

Democrats suddenly have a much better chance of retaking the Senate in 2020
(DBN)

Biden blows past Trump in betting markets as protests over police continue
(DBN)

'I chose my city': Birmingham removes Confederate monument, faces state lawsuit • George Floyd Protests Reignite Debate Over Confederate Statues • Philadelphia Removes Controversial Statue Of Ex-Mayor Frank Rizzo After Protests • Virginia governor to announce removal of Lee statue
(DBN)

Trump attempted to register to vote in Florida last year using the White House address
(DBN)

California Expands Mail-In Voting in Defiance of Opposition
(DBN)

____________

Sports:

NFL tells teams to hold training camps at home facilities
(DBN)

Drew Brees addresses NFL players kneeling in 2020: 'I will never agree with anybody disrespecting the flag' • Saints star Michael Thomas calls out Drew Brees • Lebron James Rips Drew Brees
(DBN)

U.S. Open Could Go On, With a 2-Tournament Bubble in New York
(DBN)

As Baseball Squabbles Over Money, It Risks a ‘Disastrous’ Outcome
(DBN)

N.B.A. Team Owners to Vote on 22-Team Plan to Resume Season
(DBN)

____________

Fraud:

May 2020 Ponzi Scheme Roundup
(DBN)

____________

Hedge Funds:

Billionaire trader Michael Hintze suffered a record 45% loss in his flagship fund in just 2 months
(DBN)

____________

Gambling:

As Casinos Reopen In Las Vegas, Stakes Are High And Union Calls For Transparency
(DBN)

____________

Newspapers:

Wary Journalists Return to a Reopened South Carolina Newsroom
(DBN)

____________

Cruise Lines:

The Cutting-Edge Technology That’ll Make Cruising Safe Again
(DBN)

____________

Education:

Dartmouth Scraps SAT, ACT Admission Requirements for One Year
(DBN)

Empty Dorm Rooms Spawn Suits That Will Be Tough to Win
(DBN)

Stanford University Plans Early Start to Next School Year
(DBN)

West Point preps for graduation, some in class test positive
(DBN)

____________

Banking:

Unforeseen Number of Banks Seize Congressional Accounting Relief
(DBN)

OCC Sounds Warning About Effects of COVID-19 Lockdowns on Banking System
(DBN)

____________

Maritime:

Coronavirus strands merchant ship crews at sea for months
(DBN)

Scrapyards set for new wave of box ship demolition as idle fleet grows
(DBN)

____________


Economy:

Wall Street Warning to Corporate America: Get Cash While You Can
(DBN)

Private companies cut 2.8 million jobs in May • ADP: Private Employment decreased 2,760,000 in May • Private payrolls decline by 2.76 million in May, ADP says, a much smaller drop than feared
(DBN)

America's unemployment rate could hit 20%. But there's light at the end of the tunnel
(DBN)

Up to 6 million white-collar workers could lose their jobs in another wave of cuts as coronavirus fallout spreads to other parts of the economy
(DBN)

This chart shows fewer than half of Black Americans were employed in April, highlighting how coronavirus layoffs have disproportionately affected Black communities
(DBN)

Cities with the Biggest Increases in Unemployment Rates Due to COVID-19
(DBN)

More than 40 million Americans are out of work. Here are 3 unemployment proposals that could be part of the next coronavirus relief package.
(DBN)

Millions Of Americans Skip Payments As Tidal Wave Of Defaults And Evictions Looms
(DBN)

This Is the Strangest Economy Ever
(DBN)

Waiting for a second stimulus check? The GOP isn’t itching to send you one
(DBN)

Overhaul of small business rescue hits snags in Senate
(DBN)

Senate passes bill to give businesses flexibility in spending coronavirus aid
(DBN)

Factory orders fall sharply for second straight month in April
(DBN)

A $1 Trillion Fed-Fueled Borrowing Bonanza for the Creditworthy
(DBN)

Protests underscore worsening racial wealth gaps: "Justifiable anger"
(DBN)

‘The Covid-19 recession is over,’ says economist Zandi as May job losses not as bad as feared • Moody’s Economist: ‘The COVID-19 Recession Is Over’
(DBN)

How this recovery may compare to dot-com bubble and financial crisis aftermath
(DBN)

U.S. services sector off 11-year trough, still contracting • US service industry creeps toward growth as lockdowns ease, ISM report shows
(DBN)

In U.S., More Optimism About Pandemic, Less About Duration
(DBN)

Charted: The Biggest Foreign Holders of U.S. Debt
(DBN)

McConnell, Rubio support House bill changing Paycheck Protection Program, but other Senate Republicans raise concerns
(DBN)

Guggenheim’s Minerd Says Fed Faces Reckoning for Market Support
(DBN)

Remote work will be legacy of pandemic; job losses may not be over, survey finds
(DBN)

Crowdstrike CEO explains how the future of remote work and security will look
(DBN)

Standard Life Tells Staff to Work from Home for Rest of 2020
(DBN)

How People and Companies Feel About Working Remotely
(DBN)

Boston opened its offices this week and almost no one showed up to work
(DBN)

TX: Bars and other businesses in Texas may open to 50% occupancy starting June 3 • Richard Fisher: Texas is the case study for economic recovery from the Covid-19 recession
(DBN)

ISM Non-Manufacturing Index increased to 45.4% in May
(DBN)

Gripped by recession, some businesses evolve - but struggle to see a path to full recovery
(DBN)

Trump's favorite story about economic recovery doesn't make sense
(DBN)

Energy expenditures as a percentage of PCE at All Time Low
(DBN)

Atlanta Fed GDPNow tracker predicts -53% growth in Q2
(DBN)

Coronavirus crisis may have lasting impact on the gender wage gap
(DBN)

DeSantis says Florida bars and clubs can reopen this week
(DBN)

As states reopen and protests rage, coronavirus sets the stage for a nasty fall • Will the protests lead to a spike in coronavirus cases? That depends
(DBN)

Nevada betting on health safety as Las Vegas casinos reopen
(DBN)

Black corporate, nonprofit leaders say protests point to America's racial wealth gap, offer solutions
(DBN)

Lower-income Americans threw the economy a lifeline during the pandemic
(DBN)

Hourly Job Market Update: Categories Where Jobs Are Growing (and Where They Are Gone)
(DBN)

Free stimulus checks every month? Tech execs think so, but there might be a catch
(DBN)

Trains, planes and trucks are rebounding. That's a good sign for the US economy
(DBN)

Remember the trade war? It’s back and at risk of escalating
(DBN)

How to plan for a smaller Social Security check
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

MBA: Mortgage Applications Decreased, Purchase Applications up 18% Year over Year
(DBN)

Pandemic Justifies Deferral of Post-Petition Retail Rent Payments
(DBN)

Update: Real Estate Agent Boom and Bust
(DBN)

Housing market rebound? To get a home in these cities you have to win a bidding war
(DBN)

Government backstop grows to 98% of new financing in residential mortgage-bond market during pandemic
(DBN)

Manhattan real estate deals plunge 84% in May amid coronavirus, protests
(DBN)

Applications to purchase a home are 18% higher than a year ago as buyers rush back to the market
(DBN)

‘The housing emergency most harms people of color:’ Black Americans face an unequal housing market — and coronavirus could make it worse
(DBN)

The Housing Crisis: How Much Do Payday Loan Recipients Pay for Housing?
(DBN)

Walmart CEO says office space will remain key to the company's future, even as employees remain productive at home
(DBN)

Investors Bet on Manhattan Landlords With NYC Gripped by Unrest
(DBN)

Reality Check: The Mall REIT Apocalypse Is Really Here
(DBN)

FL: Units at Hollywood condo-hotel approved for bankruptcy auction
(DBN)

____________

Municipalities:

Fed expands muni loan program to include smaller borrowers
(DBN)

Home of the Hamptons Faces Fiscal Crisis With Sales Tax Plunging
(DBN)

Coronavirus has upended Florida’s long, slow recovery from 2018’s brutal hurricane season
(DBN)

____________

Oil/Gas:

Big Oil could end up even bigger after pandemic
(DBN)

Oil Patch Bankruptcy Monitor • Oilfield Services Bankruptcy Tracker • Midstream Report
(DBN)

Chesapeake Energy: rise and fall of a US shale star
(DBN)

Oil climbs above $40 for first time in 3 months
(DBN)

An oil CEO says crude prices could surge 90% to $70 by fall because US firms have 'over-cut production'
(DBN)

Oil whipsawed by uncertainty over OPEC+ cuts and U.S. stockpiles • Saudis, Russians Reach New Oil Deal
(DBN)

The bankrupt Philly refinery is off the hook for millions owed in renewable fuel obligations • Deal approved to cap bankrupt Philly refiner's biofuels obligations
(DBN)

Seadrill says another bankruptcy is an option
(DBN)

Energy industry joins calls denouncing racism
(DBN)

____________

Healthcare:

Americans are delaying medical care, and it's devastating health-care providers • Heart patients avoided ERs as coronavirus hit, US study says
(DBN)

Concern About COVID-19 at Medical Facilities Drops
(DBN)

New York hospitals prepare for a potential second wave of the coronavirus
(DBN)

A Post-Peak Covid Lull Doesn’t Mean a Weaker Virus
(DBN)

Coronavirus cases spike in Texas and Arizona
(DBN)

Where the CDC went wrong with its coronavirus response
(DBN)

Americans Still Social Distancing, but Intensity Is Evolving
(DBN)

Some people may have an immunological 'head start' against the new coronavirus, even if they've never been exposed, new research finds
(DBN)

More than 19,000 new COVID-19 cases in US over past 24 hours
(DBN)

Black Americans are twice as likely to die from COVID-19 in America: 75% of frontline workers in New York are people of color
(DBN)

Will We All Get it Eventually? The Long-Term Epidemiology of COVID-19
(DBN)

How Many Healthcare Workers Have Gotten Coronavirus? • Coronavirus death toll among nurses doubled in past month • One in Five Coronavirus Cases in Mexico Are Health Workers
(DBN)

Why you’re unlikely to get the coronavirus from runners or cyclists
(DBN)

The Places in America with the Most At-Risk Populations Based on Age
(DBN)

A vaccine may not be enough to end the pandemic • Fauci offers an optimistic timeline for a coronavirus vaccine: a trial of 30,000 people next month, and 200 million doses by 2021
(DBN)

WHO to restart hydroxychloroquine study as risk data questioned • Malaria Drug Promoted by Trump Did Not Prevent Covid Infections, Study Finds
(DBN)

Six Months of Coronavirus: Here’s Some of What We’ve Learned
(DBN)

The Navajo Nation and Coronavirus: Planting Hope Amid a Plague
(DBN)

Latin America had time to prepare for the coronavirus. It couldn't stop the inevitable.
(DBN)

Some Experts Warn Protests May Lead to Spike in Coronavirus Cases
(DBN)

Florida's largest majority-black city was doing well. Then came coronavirus.
(DBN)

Global death toll tops 380,000 as Brazil records biggest one-day increase since start of outbreak
(DBN)

Millions of people of color have NO access to affordable health care or quality education — and 2 million Americans lack running water
(DBN)

____________

Tech:

Zuckerberg still under fire over inflammatory Trump posts • Former Facebook employees dogpile on the company's current leaders in a letter criticizing their 'cowardly' decision not to take action against Trump's posts
(DBN)

Snapchat will no longer promote Trump's account: 'We will not amplify voices who incite racial violence and injustice'
(DBN)

____________

Movie Theaters:

AMC has ‘substantial doubt’ that it can survive coronavirus outbreak shutdown
(DBN)

AMC Entertainment seeks debt relief with distressed bond swap
(DBN)

____________

Utilities:

Closing Arguments Begin On Confirmation Of PG&E's Bankruptcy Exit Plan
(DBN)

PG&E Predicts Doom If Bankruptcy Plan Is Rejected
(DBN)

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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 (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (98 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:

Where Are The Business Bankruptcies?
(DBN)

Chapter 11 U.S. Bankruptcy Filings up 48% in May Compared to Year Ago
(DBN)

Toledo bankruptcy filings fall 38 percent in May
(DBN)

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IP:

Enforcing or avoiding contractual IP rights in the era of COVID-19: Being or dealing with a distressed company
(DBN)

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Finance:

Judge dismisses lawsuits by 2 bankrupt Maine hospitals seeking federal relief funds
(DBN)

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Bonds:

Restructuring High Yield Bonds: Navigating the Downturn and Staying Nimble in Response to Market Changes
(DBN)

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Antitrust:

Companies seeking rescue M&A will need speed and pragmatism from U.S. antitrust agencies under the failing firm defense
(DBN)

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Food/Beverage:

Owner Of 8 Hopcat Restaurants In Michigan Files For Bankruptcy, Expects Others To Follow • HopCat parent company, BarFly, files for Chapter 11 bankruptcy
(DBN)

Luby's Calls It Quits
(DBN)

Robots, lampshades and mannequins: How restaurants around the world are adapting to the coronavirus
(DBN)

Restaurants in much of NY get green light for outdoor dining
(DBN)

Restaurant bookings have fully recovered in Germany in a sign that activity rebounds quickly as lockdowns ease
(DBN)

Restaurant Performance Index remained at historic lows in April
(DBN)

When we go back to eating out, more of us will pay with our phones
(DBN)

The US indicted 4 poultry company executives over alleged chicken price-fixing • If It’s Illegal, ‘Don’t Tell Me’: Chicken Probe Ensnares a CEO
(DBN)

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Aviation:

Proposed law would guarantee refunds for flights canceled during pandemic
(DBN)

The story of the coronavirus impact on airlines in numbers
(DBN)

Millennials Are Happy to Get on Planes Again
(DBN)

Delta Extends Guarantee of Empty Middle Seat Through September
(DBN)

Why ‘immunity passports’ won’t be the golden tickets to travel after all
(DBN)

Trump administration bans flights by Chinese airlines • China’s aviation authority to allow more foreign flights as U.S. bans Chinese carriers
(DBN)

American Airlines credit downgraded to B- at S&P, the lowest rating among its airline peers
(DBN)

Key Senate Republican proposes FAA oversight changes after 737 Max crashes
(DBN)

If airlines keep the middle seat empty due to fears of coronavirus transmission, will air travel become more expensive?
(DBN)

South Africa Government, Labor Working Together on New Airline Plan
(DBN)

Airlines Lose Billions of Dollars in the Oil-Market Casino
(DBN)

U.K. Minister Warns British Airways Over Aggressive Job Cuts
(DBN)

U.S. Bankruptcy Court allows Ravn Air Group avoid liquidation
(DBN)

____________

Retailing:

Fight over ‘predatory’ J.C. Penney bankruptcy loan gets ugly
(DBN)

New York & Co. owner RTW Retailwinds warns bankruptcy filing imminent • RTW Retailwinds says bankruptcy is 'probable'
(DBN)

Dick's Sporting Goods will be the lone surviving athletic retailer, Susquehanna says
(DBN)

Bankrupt Neiman Marcus breached its loan terms, lender says
(DBN)

H&M temporarily closes 100 stores amid protests
(DBN)

Amazon reopens warehouses that were closed to protect them from looting
(DBN)

Brands scramble to make statements as protests continue
(DBN)

The Virus Closed His Bronx Jewelry Store. Then Looters Broke In
(DBN)

From shipments to cash flow, pandemic uncertainty makes reopening harder
(DBN)

Changes in retail sales: Not by bread alone
(DBN)

Mall Stocks Surge With Shoppers Coming Back Faster Than Expected
(DBN)

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Pharma:

Purdue Pharma bankruptcy judge extends claims deadline to July 30 because of COVID-19
(DBN)

____________

Sovereigns:

Africa Needs at Least a Three-Year Debt Halt to Avert Depression
(DBN)

Argentina’s Good Behavior Won’t Deliver It From Economic Pain
(DBN)

IMF chief says some countries may need debt restructuring, not just freeze
(DBN)

____________

UK:

Coronavirus crisis presents a ‘golden opportunity’ to reboot the economy: Prince Charles
(DBN)

UK’s FTSE 100 set for ‘far-reaching’ reshuffle due to coronavirus crisis
(DBN)

Britain’s home secretary stands by controversial 14-day quarantine for travelers despite fierce criticism
(DBN)

U.K.’s Top Scientist Warns Virus Death Toll Isn’t Falling Fast Enough
(DBN)

Rolls-Royce Expects 3,000 U.K. Jobs to Go as Covid Cuts Begin
(DBN)

Britain's biggest car plant may not survive Brexit
(DBN)

Business rates firm threatens clients with winding-up orders and bankruptcy
(DBN)

Travelodge launches bankruptcy proceedings
(DBN)

EY to oversee Specialist Leisure Group insolvency
(DBN)

____________

EU:

ECB set to scale up stimulus as new data could indicate a need to do more
(DBN)

Here’s what the ECB has been buying with the special pandemic asset-purchase program that it is set to expand
(DBN)

European unemployment is half that of America. Here's why
(DBN)

Italy’s PM Conte rebukes neighbors’ reluctance to open borders
(DBN)

EU won’t agree on more stimulus until they can meet face-to-face, Latvia PM says
(DBN)

____________

Canada:

Insolvency filings plummet in April
(DBN)

Canadian retailer Comark Holdings to restructure as virus crisis weighs
(DBN)

____________

Hong Kong:

Hong Kong Court Calls For “Immediate” Improvements To Insolvency Legislation.
(DBN)

Boris Johnson offers refuges, U.K. citizenship path for nearly 3 million Hong Kong residents • China threatens retaliation after UK offers Hong Kong citizens refuge
(DBN)

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South Korea:

South Korea and Taiwan show stifled consumer demand after coronavirus lockdowns
(DBN)

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Singapore:

Singapore Warns of ‘Urgent’ Job Loss Challenge in Year Ahead
(DBN)

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Japan:

COVID-19 crisis sends more than 200 companies into bankruptcy
(DBN)

Positive coronavirus tests put Japanese baseball's comeback in jeopardy
(DBN)

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Sweden:

Top Swedish scientist admits Sweden ‘quite clearly’ could have handled the pandemic better
(DBN)

Sweden’s Dr. No-Lockdown denies ‘tactical retreat’
(DBN)

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Germany:

'The Germans are openly done with this president': European security officials are aghast at the way Trump is handling the George Floyd protesters
(DBN)

Germany to lift travel warning to most European countries from June 15 • Germany to advise against all travel to UK over quarantine scheme
(DBN)

Brexit Means More Germans Now Have a British Accent
(DBN)

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Australia:

Australia is in its first recession in 29 years, as the feeble state of the economy becomes undeniable • Coronavirus recession leaves 1.4m Australians in mortgage stress, almost 100,000 could default after JobKeeper ends
(DBN)

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China:

First the trade war, then the pandemic. Now Chinese manufacturers are turning inward.
(DBN)

China's economy roared back in May while the rest of the world is slowly recovering, according to a widely-watched set of business surveys
(DBN)

____________

Belgium:

Belgium to Ease Restrictions on Social Contacts to 10 People
(DBN)

____________

Nigeria:

Nigeria’s Economy Is Set to Shrink as Business Activity Tumbles
(DBN)

____________

MENA:

Second Wave of Covid-19 Infections Hits in Iran
(DBN)

Dubai fines beachgoers up to $800 for failing to wear masks, social distance
(DBN)

____________


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