June 5, 2020

The Daily Bankruptcy News

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Law:

2 more law firms announce pay cuts; are they a stopgap measure before layoffs?
(DBN)

On Being A Black American Biglaw Associate
(DBN)

Boutique Partner Says Opportunities Are Not The Same For Black People
(DBN)

US firms blame virus for London layoffs
(DBN)

Coronavirus Q&A: Berger Singerman's Paul Singerman
(DBN)

If You Passed The Bar Exam On The First Try, You’re Probably Doing Just Fine
(DBN)

Is lower number of law school applicants a COVID-19 glitch? LSAT schedule changes could be to blame
(DBN)

Law Firms Call for Social Justice, Despite Own Diversity Issues
(DBN)

Law School Applications Could Be A Bust — Or A Boom — Thanks To COVID-19
(DBN)

Actual Graduates From Law School Are On The Decline
(DBN)

Another State Tried To Slip A ‘Don’t Blame Us For This Bad Idea’ Waiver Into Their Bar Exam
(DBN)

Headhunter’s Case Against Freshfields Over Lateral Hire Narrowed
(DBN)

Senior Partner sorry for referring to ‘Blacks’
(DBN)

Former Client Sues Manatt For Refusing To Litigate Against Under Armour
(DBN)

Dinsmore's Ellen Arvin Kennedy on Bankruptcy and Restructuring During COVID-19
(DBN)

Head Of Innovation At Hogan Lovells Moves To Elevate, Gets Title Of The Year
(DBN)

Protests, Civil Unrest & Contract Law
(DBN)

'He can sleep well at night': Trump hints at Roger Stone pardon
(DBN)

Senate panel grants authority to subpoena Obama officials in review of Russia probe
(DBN)

Gregory and Travis McMichael hearings could provide a peek into prosecution in Ahmaud Arbery killing Judge rules all three defendants in shooting of Ahmaud Arbery will stand trial Shooter called Georgia jogger a 'f---ing n-----' as he lay dying in the road, agent testified White Defendant Allegedly Used Racial Slur After Killing Ahmaud Arbery
(DBN)

Protests over George Floyd death continue for 10th night Why these protests are different 8:46: A number becomes a potent symbol of police brutality Remembering George Floyd 'I Can Breathe Now': After Days Of Nationwide Protests, George Floyd Is Eulogized Group of Boston nurses take a knee outside hospital to show support for protesters 3 Officers Are Wounded and a Man Is Shot in Brooklyn Detroit police chief says 'outside, coordinated professional agitators' are not welcome in his city 'Begging' to be heard: Young protesters implore police to acknowledge them and their cause 5 reasons why experts say we should be wary of the 'outside agitator' narrative California dad wants cop fired for pointing gun at his toddler son Drew Brees Apologizes for Calling Kneeling During the Anthem ‘Disrespectful’ Seattle mayor rescinds curfew as Floyd protests continue Confusion abounds over L.A. County curfew; officials, sheriff differ on when curfew begins Cities abandon curfews on George Floyd protests NYPD detained a delivery person a few minutes after curfew, even though they are exempted under city guidelines A Florida police officer pushed a kneeling protester to the ground. Then his black colleague stepped in Fact check: five false or misleading claims Trump and his allies make about the response to the protests Americans' views shift on racial discrimination - CBS News poll Vandalism and theft aren’t helping Tim Cook published an open letter on racism after he was called out for not speaking up publicly amid protests over George Floyd's death Woman claims Chicago cop put knee on her neck after she was yanked from car More than 10,000 people have been arrested in anti-police-brutality protests across the US since George Floyd's death 'I'm black before I'm anything else': A police officer's passionate exchange with protesters Men planned violence to spark riots in Nevada, authorities say George Floyd memorial service will be a 'plea for justice,' family attorney says The lessons from Cincinnati's 2001 protests against police brutality The policies that could help fix policing 'Daddy changed the world!': George Floyd's daughter shares powerful message in viral video In Idaho, armed white vigilantes mobilized for antifa protests that never occurred Arrested Protesters Say They’re Being Kept In Overcrowded Pens, Fear Coronavirus Could Spread Inside Holding Cells As White House braces for largest protest yet, Pentagon sends troops home Gun-toting members of the Boogaloo movement are showing up at protests Right Wing Plan for a Riot in Las Vegas California set bail at $0 for most non-violent crimes during the COVID-19 pandemic. But an exception was left for looting meaning those in LA could be jailed as the infection spreads.
(DBN)

Witness Who Was in George Floyd’s Car, Maurice Lester Hall, Says His Friend Did Not Resist Arrest
(DBN)

2 of the police officers charged over George Floyd's deadly arrest had been less than 4 days into the job, their lawyers say
(DBN)

ACLU sues over police force on protesters near White House
(DBN)

George Floyds and Christian Coopers are all around you — just the latest in America’s long history of demonizing black men
(DBN)

The White House praised the ‘courage’ of Chinese protesters who died in the Tiananmen Square massacre days after tear gas and rubber bullets were used against protesters in DC
(DBN)

Supreme Court asked to reconsider relative immunity available to police accused of brutality
(DBN)

Arnold & Porter Joins Black Lives Matter to Sue Trump
(DBN)

CDC director says protesters should consider getting tested for covid-19
(DBN)

Why Policing Has Always Been About Black Americans
(DBN)

Floyd death pushes military to face 'own demons' on race
(DBN)

NYPD Officers Caught Beating Cyclist With Batons in ‘Horrifying’ Viral Video
(DBN)

Movement to defund police gains 'unprecedented' support across US
(DBN)

"I can't breathe": Death of black man in Tacoma police custody ruled a homicide
(DBN)

Vallejo Police Kill Kid Kneeling with Arms Up
(DBN)

Graphic video: Protester filmed bleeding out of his ears after being shoved by police and falling to the pavement. Authorities say the 75-year-old man 'tripped and fell.'
(DBN)

Man Allegedly Tagged Police Department in Facebook Post Threatening to Blow Up Their Station
(DBN)

People are sawing through and climbing over Trump's border wall. Now contractors are being asked for ideas to make it less vulnerable.
(DBN)

In urban areas, police are consistently much whiter than the people they serve
(DBN)

Heavily armed men who refuse to identify themselves are patrolling the streets of Washington, DC. They were sent by the Bureau of Prisons.
(DBN)

No Names, No Insignias: Democrats Call For Anonymous Policing Of Protests To End
(DBN)

Police violence, race and protest in America
(DBN)

W. Virginia woman who faked death to avoid prison found hiding in closet
(DBN)

The last American to collect a Civil War pension - $73.13 a month - has just died.
(DBN)

Attorney accused of charging homeless up to $300 to process stimulus checks
(DBN)

Lenny Dykstra’s reputation was so tarnished that he wasn’t defamed by book, judge rules
(DBN)

______________

Judges:

Public Input Received on Possible Emergency Procedures
(DBN)

BK RI Seeks Term Law Clerk
(DBN)

Senate panel advances Trump nominee and former Kavanaugh clerk for appeals court post
(DBN)

$67 Million Suit Over Lost Pants Gets Former Judge Suspended
(DBN)

Judge’s use of the C-word could be seen as ‘left-handed compliment,’ lawyer argues
(DBN)

Man convicted by jury that included judge’s wife isn’t entitled to new trial, top state court says
(DBN)

Pandemic means a silent June at the Supreme Court
(DBN)

Supreme Court Faces Transparency Test After Livestream Success
(DBN)

Juries Are About To Get A Lot More Corporate-Friendly Thanks To COVID
(DBN)

______________

Wall Street:

Dow futures jump 280 points ahead of the May jobs report as investors focus on reopening progress
(DBN)

Global stocks rise amid ECB's stimulus package, US jobs data due
(DBN)

US stocks edge lower as dismal jobless data offsets new European stimulus
(DBN)

A Goldman Executive Has Advice for His White Colleagues
(DBN)

The stock market is soaring despite mass social unrest and a pandemic
(DBN)

Market Rally Ignores Massive Business Losses
(DBN)

______________

Layoffs:

Pandemic Furloughs in Place? Time to Assess Your WARN Obligations
(DBN)

6 million white-collar jobs could be at risk in second wave of coronavirus layoffs
(DBN)

EWU notifying 400 employees
(DBN)

Nashville Symphony Could Lay Off 131
(DBN)

Onondaga County government will consider 200 layoffs
(DBN)

______________

Movie Theaters:

AMC fears the worst for the future of movie theaters
(DBN)

Movie theater chains warn they may not survive coronavirus pandemic
(DBN)

Default risk looms large for AMC as a few European theaters resume operation
(DBN)

____________

Utilities:

PG&E behind on promises to ease effect of power shut-offs
(DBN)

PG&E critics urge judge to reject utility's bankruptcy plan
(DBN)

____________

Retailing:

JC Penney closing 154 stores in first post-bankruptcy phase
(DBN)

J.C. Penney to Proceed With DIP Financing J.C. Penney Wins Approval of Contentious Bankruptcy Financing New Group of Lenders Offers JC Penney a Better Bankruptcy Loan Package 'A path forward’: J.C. Penney’s bankruptcy judge approves $900 million lifeline
(DBN)

Bankrupt JC Penney Is Last Holdout On Pa. Mall's Ch. 11 Plan
(DBN)

Tuesday Morning Corporation Secures $25 Million of Additional Financing to Support Financial and Operational Reorganization
(DBN)

Looting Is Dealing A Major Blow To Retailers Already Reeling From Coronavirus
(DBN)

____________

Autos:

GM to Return to Normal Productions in June
(DBN)

6 things Nissan’s CEO thinks about his company, and the car industry right now
(DBN)

U.S. Car Rental Bankruptcies May Further Pressure Used Car Prices
(DBN)

____________

Entertainment:

Cirque du Soleil walks a tightrope through pandemic
(DBN)

____________

Maritime:

Idle tonnage weighs heavy on HMM as global inactive box fleet hits new high
(DBN)

____________


Economy:

1.9M claimed jobless benefits last week, bringing total to over 42M since mid-March Unemployment Claims Remain High as Businesses Reopen 1.9 Million People in the U.S. Seek Jobless Aid as Reopenings Slow Layoffs Weekly Initial Unemployment Claims decrease to 1,877,000 Unemployment insurance claims rise by nearly 2 million, signaling possible bottoming out of the economy U.S. jobless claims dip below 2 million, road to recovery rocky
(DBN)

Census Bureau's Weekly Pulse Survey Reveals Nearly Half of Households Experienced Loss of Employment Income in Latest Report
(DBN)

Jobless Claims for Gig Workers Soar to 36% of Overall Filings
(DBN)

US likely suffered 'heartbreaking' unemployment in May The May unemployment rate is expected to be near 20% as millions more lost jobs
(DBN)

Goldman May Payrolls Preview May Employment Preview
(DBN)

Fed Vow Boosts Debt Binge While Borrowers Cut Thousands of Jobs
(DBN)

U.S. Insurers Ask Treasury, Fed to Back Pandemic Payouts for Trade Credit Coverage
(DBN)

Lazard CEO Sees Second Wave of Crisis Led by Cash-Strapped Firms
(DBN)

Thousands of people are volunteering to be laid off
(DBN)

American society is teetering on the edge
(DBN)

Hunger comes with shame for many who lost jobs in coronavirus epidemic
(DBN)

The U.S. economic slide is likely bottoming out, but a recovery could take years
(DBN)

Jim Cramer: The pandemic led to ‘one of the greatest wealth transfers in history’
(DBN)

Central banks ‘can’t cure the virus,’ former Fed governor says
(DBN)

Unlike during past economic downturns, Americans have money in their pockets
(DBN)

Banks Canceling Credit Cards, Cutting Limits
(DBN)

Congress has already approved more than $3 trillion in coronavirus relief. Here's what's happened to it.
(DBN)

What to know about the Senate's PPP reforms
(DBN)

Americans will be forced to weigh personal coronavirus risk as states reopen
(DBN)

The black-white economic divide is as wide as it was in 1968
(DBN)

Trade Deficit increased to $49.4 Billion in April Trump's favorite trade-war gauge sank in April as exports plummeted a record amount
(DBN)

The next big problem: Businesses can't or won't pay their rent. It's setting off a dangerous chain reaction.
(DBN)

White House eyeing bill to bring businesses back from China to distressed areas of the US
(DBN)

Uber says it's not people going back to work fueling its recovery — it's people going out during 'party hours'
(DBN)

Coronavirus pandemic forces older workers into involuntary retirement
(DBN)

US leveraged loan downgrade ratio hits staggering 43:1 as pandemic stalls market
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

More than half of American retailers didn't pay their rent in April and May, and it could upset the entire economy
(DBN)

In Real Estate? Here Are Tips To Manage Rent During The Pandemic
(DBN)

Houston: Officials ask for eviction hearings to be put on hold until late August
(DBN)

Government’s mortgage bailout shrinks
(DBN)

Mortgage rates are at historic lows — but the coronavirus pandemic is making homes less affordable for buyers
(DBN)

CBL Properties May Turn in Keys to Some Regional Malls
(DBN)

____________

Municipalities:

Cities' budget woes worsen with increased social unrest
(DBN)

Are Municipalities Jeopardizing Their Municipal Bonds By Failing to Take Needed Action to Avoid a Crisis?
(DBN)

____________

Oil/Gas:

Bankruptcy is a jackpot for CEOs helming failed oil companies
(DBN)

3 Oil Companies That Could Go Bankrupt in 2020
(DBN)

____________

Food/Beverage:

Texas icon Luby’s announces intent to sell all assets and restaurant business
(DBN)

Will air-conditioning help spread the coronavirus?
(DBN)

____________

Politics:

GOP senator says she's 'struggling' on whether to back Trump Murkowski Added to Trump's Enemies List Murkowski calls Mattis' Trump criticism "true and honest and necessary and overdue" 'Stunning' 'powerful' 'overdue': Romney, Murkowski praise Mattis' stinging Trump rebuke John Kelly defends James Mattis against Trump attacks Is John Kelly joining the generals' mutiny? Former chief of staff calls Donald Trump 'nasty' and 'confused' over attack on Jim Mattis In Response to Gen. Mattis, Trump Tweeted a Letter from John Dowd Calling Lafayette Square Protesters 'Terrorists' Mattis' rebuke of Trump forces Republicans to choose between revered Marine and president Fact Check: Trump skews history by saying he fired Mattis Ex-Defense Secretary William Perry joins Mattis in condemning Trump
(DBN)

Esper risks being sidelined as White House floats replacements The president vs. the Pentagon
(DBN)

GOP criticism of Trump grows, suggesting opposition has grown beyond his usual adversaries
(DBN)

Republican senators shrug off Mattis' criticism of Trump: 'It's his opinion'
(DBN)

With White House effectively a fortress, some see Trump’s strength — but others see weakness
(DBN)

Isolated more than ever, Trump is left in crisis by his own missteps
(DBN)

Astronaut Karen Nyberg called out the Trump campaign for 'political propaganda' after it used images of her in new 'make space great again' ad, which has since been taken down
(DBN)

Attorney General Barr Defends Response To Protests Near The White House Facebook Twitter Flipboard Email
(DBN)

All Living Presidents Comment on Protesters
(DBN)

Current and former defense secretaries speak out against Trump
(DBN)

Trump could use the military to restore calm — and advance his political agenda
(DBN)

Barr claims "no correlation" between removing protesters and Trump's church photo op
(DBN)

Obama Photographer Takes Not-So-Subtle Swipe At Donald Trump’s Bible Stunt
(DBN)

Bernie-friendly DNC panel pushes Biden to back $16T climate plan
(DBN)

Police groups break with Biden
(DBN)

Biden to focus on economic plans, inequality in weeks ahead
(DBN)

Biden: "10 to 15 Percent" Of Americans Are "Not Very Good People"
(DBN)

Mark Cuban commissioned a 3-way poll last month as he considered running as an independent against Biden and Trump in the 2020 presidential election
(DBN)

Pentagon-Trump clash breaks open over military and protests Handling of street protests creates crisis for Pentagon boss
(DBN)

Should military officers like Jim Mattis enter the political arena?
(DBN)

Gov. Ron DeSantis says Florida can host Republican National Convention Trump reportedly said he wanted the RNC convention at full capacity despite the coronavirus pandemic because he doesn't 'want to be sitting in a place that's 50% empty'
(DBN)

TX Gov. calls for resignation of Bexar County GOP chair after she floats racist George Floyd conspiracy theory
(DBN)

Group Files Criminal Complaint Against Mike Pence’s Chief of Staff, Alleges Violation of Conflict of Interest Law
(DBN)

Sen. Grassley blocks two Trump nominees in protest over inspector general firings
(DBN)

Fired State Watchdog to Congress: I Was Investigating Pompeo and Wife
(DBN)

Conservative Appeals Court Rules Texans Have No Right to Vote by Mail Federal appeals court extends block on voting-by-mail expansion in Texas
(DBN)

Judge orders Tennessee to allow vote-by-mail for all registered voters
(DBN)

____________

Healthcare:

Bayonne Medical Center has lost $30 million since 2018, documents show
(DBN)

The Only Hospital in Town Was Failing. They Promised to Help but Only Made It Worse.
(DBN)

Why some health insurers may not cover treatment for injuries sustained at protests
(DBN)

Fauci's optimistic timeline for a coronavirus vaccine: a trial of 30,000 people next month, and 200 million doses by 2021
(DBN)

Medical research, clinical trials for most diseases take a hit amid pandemic panic
(DBN)

Medical journal retracts study that fueled hydroxychloroquine concerns Researchers retract study that found big risks in using hydroxychloroquine to treat covid-19 Hope dims for hydroxychloroquine even as medical study detailing the failure is retracted
(DBN)

NY: Mass pit burials soar during coronavirus pandemic
(DBN)

Jailing practices contribute to coronavirus spread
(DBN)

‘Sticking to social distancing rules is incredibly difficult:’ The perils of navigating a Covid-19 world as as a blind person
(DBN)

____________

Fitness:

24 Hour Fitness Engages With Suitors Before Planned Bankruptcy
(DBN)

____________

Transit:

CDC says Americans should ditch public transit for cars because of the coronavirus, and it could push emissions higher than ever
(DBN)

Virginia commuter trains designating social distancing seating onboard
(DBN)

____________

Religion:

Southern Baptists see historic drop in membership
(DBN)

____________

Banking:

Deutsche Bank Did Thing, Will Obviously Get Fined For It
(DBN)

____________

Non-Profits:

Topeka Y files bankruptcy as others fight to survive
(DBN)

___________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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:

U.S. Chapter 11 bankruptcy filings surge in May
(DBN)

Chapter 11 Filings in May Are Not Up as Much as Everybody Will Say There Are
(DBN)

May Commercial Ch. 11s Increase 48 Percent over Last Year, Total Filings Down 42 Percent
(DBN)

______________

Bankruptcy Remoteness:

Delaware Bankruptcy Court Diverges from Fifth Circuit: Minority Shareholder’s Blocking Right Invalidated and Fiduciary Duty Imposed
(DBN)

____________

Third Party Releases:

Constitutionality of Third Party Releases (In re Millennium Lab)
(DBN)

____________

Insurance:

COVID-19 Coverage Fight: Will Bankruptcy Exclusions Be Enforced?
(DBN)

____________

Tax:

Why the return of NOL carry backs may be good news for some distressed corporations
(DBN)

____________

Cruise Lines:

He signed up to DJ on a cruise ship. Then coronavirus struck.
(DBN)

____________

Aviation:

Airline shutting down again after it resumed flying with new coronavirus rules
(DBN)

Thinking Of Summer Travel? Maybe Think Again
(DBN)

How Boeing Will Suffer From Airline Bankruptcies
(DBN)

Coronavirus Deals Fatal Blow to Airlines: Any Recovery in Sight?
(DBN)

Airlines, Hertz Add $8.6 Billion in Value on Expanded Schedule
(DBN)

JFK Airport bonds downgraded on sinking passenger volume
(DBN)

More help for Thai Airways
(DBN)

Azul Airlines: It's Going To Get Worse
(DBN)

Creditors issue ultimatum to HDC on Asiana takeover
(DBN)

____________

Sports:

NFL coaches can return to their teams' facilities Friday
(DBN)

NFL medical chief 'very optimistic' season will stay on schedule, as coaches return to work
(DBN)

Drew Brees says he 'completely missed the mark' in flag comments
(DBN)

Players, owners debate salary cuts for shorter baseball season
(DBN)

MLB union says league's demand for further salary cuts was 'resoundingly rejected'
(DBN)

Japan considers 'simplified' Olympics
(DBN)

NBA to resume in late July, playing games in Florida months after shutdown
(DBN)

The NBA's return-to-play plan and playoff format, explained
(DBN)

The NBA's 22-team restart plan
(DBN)

When will professional sports return?
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Declined 43.2% Year-over-year, Seventh Consecutive Week of Higher Demand
(DBN)

____________

Tech:

The Trump campaign cries censorship after Twitter removes a video about George Floyd on copyright grounds
(DBN)

____________

Cruise Lines:

Cruise lines are working on their comeback. Some destinations say not so fast.
(DBN)

____________

Nursing Homes:

More than 30,000 nursing home residents in U.S. have died during pandemic
(DBN)

COVID-19 outbreak blamed for 14 deaths at Humble healthcare facility
(DBN)

____________

Golf:

NJ: Sea Oaks Country Club operator seeks bankruptcy protection
(DBN)

____________

Gambling:

Vegas, baby! Casinos reopen after long coronavirus closure
(DBN)

____________

Education:

Fauci says 'whole bunch of things' can be done to reopen schools
(DBN)

More than half of America's public schools need major repairs: U.S. report
(DBN)

Senators press colleges on safety for faculty, staff and students amid coronavirus pandemic
(DBN)

Texas colleges expect larger online summer classes as students lose jobs, internships
(DBN)

Trump Administration Tells Schools: Discriminate Against Trans Athletes or We’ll Defund You
(DBN)

____________

UK:

The Proposed New Restructuring Plan: What is it and How Will it Work? (UK)
(DBN)

The changing landscape of UK insolvencies: The Corporate Insolvency and Governance Bill
(DBN)

COVID-19: New UK Corporate Insolvency and Restructuring Tools and Reforms
(DBN)

Airlines, retailers, even German companies — the businesses borrowing billions in coronavirus loans from the Bank of England
(DBN)

A senior Bank of England official gave an insider account of how central banks dealt with the coronavirus market crash in real time
(DBN)

Aldo: What went wrong?
(DBN)

Face coverings become mandatory on England’s trains, buses and trams
(DBN)

____________

EU:

The European Central Bank’s emergency stimulus has no real end in sight
(DBN)

____________

PIIGS:

Spain Says Land Borders Likely Shut Until July 1
(DBN)

____________

Canada:

Sail closing six stores in Ontario and Quebec, affecting 500 employees
(DBN)

Personal bankruptcies fell to record low in April, but could be poised to soar
(DBN)

Bluberi: Key Canadian Insolvency Ruling Affirms Litigation Funding as a Tool for Insolvent Debtors and Supports Judicial Discretion in CCAA Proceedings
(DBN)

____________

Germany:

Germany agrees to $146bn virus stimulus
(DBN)

____________

France:

France Beefs Up Job Support to Prevent a Lost Generation
(DBN)

____________

China:

Shenzhen drafts China’s first personal bankruptcy laws as virus pressures economy
(DBN)

Beijing is reportedly giving its citizens $1.7 billion to go shopping
(DBN)

____________

Mexico:

Mexico issues highest daily tally of coronavirus deaths, more than 1,000
(DBN)

____________

MENA:

Spike in coronavirus in Israel’s capital spreads nationwide
(DBN)

____________

Brazil:

As coronavirus deaths surge in Brazil, calls for Bolsonaro's impeachment intensify
(DBN)

____________

India:

Will India’s suspension of insolvency proceedings work?
(DBN)

____________

Netherlands:

Financial Restructuring Bill (WHOA) allowing cram down adopted by Dutch Parliament, Senate expected to vote soon
(DBN)

____________


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