June 8, 2020

The Daily Bankruptcy News

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Law:

Legal services sector gains 3,200 jobs; previous month’s whopping loss is revised upward Legal Employment Sees Smaller Gain Than Other Sectors After Bleeding Jobs in April, Legal Industry Sees a Small Rebound
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The Weight Of Blackness
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'This Has to Be a Seminal Moment': Black Law Firm Leaders on Inequity, Ire and What Comes Next
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Law Firms Voice Support for Change—and Pledge to Donate and Take Action
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Black Davis Polk Lawyer Says ‘Institutional’ Bias Spurred Firing
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How has COVID-19 impacted your legal education and career path?
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Moves Toward 'Soft' Reopening Underline Tensions, Frustration Over Return to Law Firm Offices
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Navigating A Path Forward In The Legal Industry
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Global Insolvency Report: Impact of Covid-19 on Insolvency Laws
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Law School Applications By Black People Are Down This Year
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The 10 Law Schools With The Lowest Acceptance Rates (2020)
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Law School Faculty Wants To Strip Bill Barr Of Degree
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Harvard Law Goes Fully Remote For Fall 2020: Will Other Law Schools Follow Suit And What It Means for Applicants
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Fried Frank Lawyers Take on Calls and Kids
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21 tech gadgets we use to boost our productivity and comfort when we work from home
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Appeals Court Reverses Bail, Sends Two Alleged Molotov Cocktail-Throwing Lawyers Back to Jail
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Resuming criminal jury trials would be ‘reckless and irresponsible,’ NACDL says regarding COVID-19
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You’re A Lawyer, Not A Publix Sandwich Worker
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Minneapolis To Disband Police Department Minneapolis City Council members intend to defund and dismantle the city's police department Why Protesters Want to Defund Police Departments
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Video Shows Law Enforcement Officers Slashing Tires at Minneapolis Protest
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De Blasio Vows for First Time to Cut Funding for the N.Y.P.D.
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Amid Calls to 'Defund the Police,' Minneapolis and NYC Announce Changes
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The Movement Behind LA's Decision to Cut Its Police Budget
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Congress can't easily pass police reforms
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Protesters hope this is a moment of reckoning for American policing, but experts say not so fast
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More black police officers, yet the killings persist
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Saturday protests against police brutality large and largely peaceful Police back off as peaceful protests push deep reforms The protests are growing larger, calmer, and more community-oriented Crowds gather near White House for 10th day of protests in D.C. Thousands of protesters took to Washington, DC, for the city's largest demonstration yet over George Floyd's death Photos show where around the world Black Lives Matter and anti-police brutality protests are erupting, from Tokyo to Amsterdam Thousands March Through Downtown Dallas Where would racial progress in policing be without camera phones? America is now a nationwide body cam New York City curfew lifted by Mayor Bill de Blasio How messaging technology is helping to fuel global protests Pentagon ordered Army helicopters to fly low over protesters Massive, peaceful protests swelled across the country as activists sparked efforts for meaningful police reforms Washington DC paints huge 'Black Lives Matter' mural on street leading up to White House D.C. mayor asks Trump to withdraw military and federal law enforcement Protesters pour into DC for city’s largest demonstration yet Companies are speaking out against racial injustice after the killing of George Floyd, but they have to back it up with action How the only 4 black CEOs who lead Fortune 500 companies are responding to George Floyd's death and the civil unrest in America George Floyd's GoFundMe memorial campaign received the most donations in platform's history Black-owned businesses across the country are putting up signs to show solidarity with protesters and deter looting I'm a professor who studies protests and activism. Here's why the George Floyd protests are different Why protesters have been banging pots and pans outside their windows In liberal Austin, protests unleash violence - and then an identity crisis America convulses amid a week of protests, but can it change? Protests after Floyd’s death reach rural America Anti-racism protesters rally around world, topple slave trader statue One shot after car drives into crowd at Seattle protest Armed driver barrels toward Seattle protesters, shooting one before surrendering to police
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How Likely Will A Conviction Be In George Floyd’s Death? Prosecutors of George Floyd Cops Will Struggle to Get Four Convictions
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AG Barr says law enforcement isn’t systemically racist as protests against police brutality continue
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New George Floyd Memorial Pays Tribute to Black Americans Killed by Police
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How Cities Offload the Cost of Police Brutality
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Defunding Police ‘Absurd,’ Says Acting Homeland Security Chief
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US states have spent the past 5 years trying to criminalize protest
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Longtime police brutality drove American Indians to join the George Floyd protests
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MN: Fired Cop Had Previous Criminal Record
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Fairfax County police officer charged after using stun gun on black man without provocation, police say
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Seattle police officers injured by 'improvised explosives'
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Petition to Fire Santa Monica Police Chief Gets 50,000 Signatures
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A Man Wielding A Chainsaw Yelled The N-Word At Protesters And Told Them To "Go Home"
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Bat-wielding Michigan grandma tries to block George Floyd protesters
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Looters who hit L.A. stores explain what they did: 'Get my portion!' Looters in $350,000 Rolls-Royce rob other looters of the loot they just stole
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2 Black reporters at the Pittsburgh Post-Gazette were barred from protest coverage and the paper has removed protest coverage from its website amid public outcry The top Philadelphia Inquirer editor resigned after facing backlash for publishing 'Building Matters, Too' headline Black journalists say they were pulled off Pittsburgh protest coverage as newspaper management insinuated bias Four fiascoes for mainstream media
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The battle between the Minneapolis chief of police — who once sued the department for racial discrimination — and the city's bombastic union leader is a showcase in how cops resist reform
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Sens. Elizabeth Warren and Jeff Merkley propose creating a national database of cops with a record of misconduct
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Oregon police told armed white men that they didn't want to look like they were 'playing favorites' when they advised them to stay inside after curfew
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Minneapolis is about to ban police chokeholds and make officers intervene if they see a colleague using excessive force Cities and states are barring police from using chokeholds and tear gas
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The “kettling” of protesters, explained
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Alameda Police Release Body Cam Footage Of Black Man’s Arrest For Dancing In Street
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Two Police Officers Relieved of Police Powers After Woman Says Cop Put Knee On Her Neck
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The Buffalo Cops Who Pushed Over A 75-Year-Old Protester Have Been Charged With Assault Our First Look at Two Buffalo Cops Facing Charges for Shoving 75-Year-Old Man to the Ground 57 members of Buffalo police riot response team resign after shoving incident 57 Buffalo Cops Resign After Viral Video Showed Elderly Man Bleeding on a Sidewalk. But There Are Two Catches. 'Handcuff Him,' Don't 'Crack His Head': Prosecutor Charges Officers For Allegedly Pushing 75-Year-Old Protester
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Cyclist Arrested, Fired from Job After Allegedly Assaulting Teens Posting Anti-Police Brutality Fliers
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Yes, Trump Can Legally Send in the Troops Trump Came Very Close to Using Troops
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Four Indianapolis officers taken off patrol after video shows two of them striking woman with batons during arrest
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In protests against police brutality, videos capture . . . more alleged police brutality
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As protesters demand reforms, Trump says strong economy is best plan for tackling racial inequality
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America's broken system of training cops 8 Can’t Wait, explained 'This is just a start': states announce police reforms as protests enter second weekend The Constitution demands police accountability Jeff Sessions says 'politically correct policing' will 'demoralize' officers.
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N.C. Supreme Court opens door for death row inmates to show racism swayed sentencing
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George Floyd's brother, Philonise Floyd, will testify before Congress on Wednesday during a hearing on police brutality
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4 things your black employees and coworkers wish you knew —and how you should offer allyship and support
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16 books on race and white privilege that will show you what's really happening in America right now
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How much taxpayer money every state spends on police, in one map
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Compensation fund for Jeffrey Epstein's victims is approved
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US officially demands Britain hand over Prince Andrew to be quizzed over his links to pedophile Jeffrey Epstein
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Couple clad in coronavirus masks whipped 100 times each for sex before marriage
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White House press secretary imposed 'unprecedented sanction' in suspending reporter's media credential, federal court rules
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Sotomayor temporarily halts order to move at-risk inmates from Ohio prison
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Old law could leave 2020 presidential race in stalemate
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Santa Cruz Sheriff's Deputy Killed, 2 Injured in Gunfire and IED Ambush Air Force Serviceman Allegedly Murdered This Sheriff's Sergeant Who Was Investigating Suspicious Van
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Citing ‘crisis within a crisis,’ NY judge refuses to release people held more than 24 hours
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Woman Charged with Second-Degree Murder After Allegedly Shooting Man, Hiding Body in Refrigerator
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Attorney Calls George Floyd A ‘S--------,’ And Other Awful Things Lawyers Are Doing Right Now
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Avenatti Accused of Violating Covid Release by Using Computer
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Judge Slams Ernst & Young for Attack on Ex-Partner During Trial
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Between Two Homes: Tips for Co-parenting and Exchanges during a Pandemic
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Judges:

Jeffrey Epstein Case Judge Has Ties to Cops Who Want to Keep Records Secret
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Judge Describes Lawyer As ‘[C-Word] On Wheels’… You Know, As A Compliment!
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Wall Street:

U.S. equity futures turn higher; dollar declines Dow futures jump 200 points as comeback continues, airlines gain on reopening optimism
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Dow closes 800 points higher after jobs report shows surprise jump in payrolls, fall in unemployment rate
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‘You should be nervous!’ Legendary money manager slashes stock exposure from 55% to 25%
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Even the worst-case scenario for U.S. stocks doesn’t look bad
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Wall Street’s latest surge isn’t benefiting many Americans
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Massive bailout leaves Wall Street giant exposed to fire from all sides
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Goldman Reprises Democratic Tax-Hike Worries After Stock Surge
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Layoffs:

Major US ad agencies are facing an estimated 50,000 job losses in the wake of the coronavirus
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Ford will use this uncanny, human-like robot Digit to deliver packages — take a closer look at the bipedal machine
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Amid the coronavirus pandemic, many companies could replace their workers with robots
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More State, City Jobs Lost in Two Months Than During Recession
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Hundreds lose jobs at Syncreon, Yanfeng in Belvidere
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Nearly 400 job cuts announced by Racine County manufacturer
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Wild Dunes to lay off nearly 300
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Bentley and Aston Martin cutting jobs as coronavirus derails luxury car market
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Bombardier cutting 2,500
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Chelsea Piers confirms 400-plus layoffs
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Howmet Aerospace plant in Wichita Falls to cut 177
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Murray Energy files notices projecting thousands of layoffs in West Virginia
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Retailing:

GameStop sees quarterly sales off by at least a third because of coronavirus
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Syracuse Is Said To Be In Talks To Buy Bankrupt J.C. Penney; Shares Leap 55% Bankrupt JCPenney, Sycamore Partners in acquisition talks: Report
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Brooks Brothers Readies For Bankruptcy
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Gap Inc. Q1 loss nears $1B
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Asset transfers leave creditors feeling ‘J Screwed’
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Ann Taylor Parent Ascena Mulls Bankruptcy Filing to Manage Debt Ascena brings on Kirkland & Ellis, others to advise on balance sheet
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G-III edges away from retail with plans to liquidate all Wilsons Leather and G.H. Bass stores
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Ditching the mall has become a badge of honor as the COVID-19 crisis leaves retailers scrambling to promote safety at stores
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'No, Macy, I have to disagree with you': Jeff Bezos claps back at an Amazon customer complaining about the Black Lives Matter site banner
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Walmart CEO in email condemns racial violence and pledges $100 million to address systematic racism
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Student Debt:

The next COVID-19 relief bill must include student debt cancellation
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Trump administration is still garnishing wages of student loan borrowers during the pandemic
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The recovery is happening, right? Why $9 billion of student loan bonds just got downgraded
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Student Loan Forbearance During Coronavirus Might Prevent You from Getting a New Mortgage Or Refinance Loan
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Debt Collection:

Capital One and Other Debt Collectors Are Still Coming for Millions of Americans
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Autos:

Hertz skyrockets 825% since filing for bankruptcy as Robinhood traders pile in Hertz’s Possibly Worthless Stock Soars in Risky Recovery Bet The Madness Goes On! Bankrupt Hertz Stock Continues to Attract Risky Investors
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How to buy a used rental car and potentially save thousands as companies like Hertz go bankrupt
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Wells Fargo Cuts Off 1,100 Car Dealers
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Automakers Are Ramping Up Production, Unnerving Factory Workers
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Trucking:

Trucking CEOs stay quiet on George Floyd's death as counterparts in nearly every other industry declare need for racial justice
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Education:

Will State and Local Governments Hire 1 Million Teachers in June and July? No, but ...
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Transit:

Is this the end of public transit?
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Cities are retooling public transit to lure riders back
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Utilities:

Fire victims challenge PG&E bankruptcy plans
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PG&E Victims Faced With Holding Stock for Years, Attorney Says
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Full funds for PG&E fire victims may not be ready for 6 years, lawyer says
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Judge Hears Arguments On PG&E Bankruptcy Exit Plan, May Rule By June 12
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PG&E Readies $11 Billion Jumbo Debt Deal for Bankruptcy Exit
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PG&E plans $5.75 bln equity raise to fund bankruptcy exit
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Southern’s Nuke Project ‘Highly Unlikely’ to Meet Deadlines
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Banking:

Big US banks charged a total of $11.7 billion in overdraft fees in 2019
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Overdraft fees have forced the poor out of banks: Former FDIC chair
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Fraud:

Bernie Madoff loses bid for compassionate release from prison Compassion For Bernie Madoff In Pretty Short Supply
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Non-Profits:

Coronavirus has forced nonprofits that serve seniors to reinvent themselves. ‘We don’t know what we’re going to be on the other side of this whole thing’
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Sports:

Sports owners 'laugh off' lowball offers as leagues remain shut
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NBA Restart Unanimously Approved by the Players Association
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NFL condemns racism: "We were wrong for not listening"
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The 72 hours that changed the NFL
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Ben Carson says NFL players should explain why they kneel. But they already have.
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NFL decision to permit kneeling protest by players enrages Donald Trump
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Drew Brees responds to President Trump: Protests 'not an issue about the American flag'
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Oakland A's owner will pay minor leaguers after all: 'I concluded I'd made a mistake'
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Ex-NFL Player’s Lawyers to Share 22% of Concussion Award
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WNBA considering a 22-game schedule at a central site, starting in July
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Rugby: Permanent salary cap reduction is now inevitable in financially troubled Premiership
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Economy:

The May jobs report had 'misclassification error' that made the unemployment rate look lower than it is. Here's what happened The difficulty of calculating the real unemployment rate Big Error on Jobs Forecast Could Have Policy Ramifications Comments on May Employment Report Unemployment rate would be three percentage points higher than the reported 13.3% if household forms had been completed correctly, concedes Bureau of Labor Statistics ‘The biggest payroll surprise in history’: Economists react to May jobs report The shocking jobs report was good news, but it also proved the US economy is still a mess These 6 charts show how the jobs market is still suffering the effects of the pandemic even after Friday's wild report 'Greatest miss in forecasting history': 4 economists and strategists react to Friday's surprising May jobs report Chart shows that black Americans weren't part of the surprise May hiring bump that benefited white and Latino workers Trump Invokes Floyd on Job Data Even as Black Unemployment Soars May’s record jobs comeback: Here’s where the jobs are in one chart What Does the Shocking Unemployment Report Really Mean? Citing jobs, Trump claims victory over virus, econ collapse
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Despite reopening, some jobs lost to virus are gone for good
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Minority Workers Who Lagged in a Boom Are Hit Hard in a Bust
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FactCheck: Trump claims on blacks' economic gains
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Here’s evidence of V-shaped recovery
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How fast can the U.S. economy recover? V-shape vs. “swoosh”
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US Lenders Expect Few Loan Defaults
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Execs Sharply Cut Profit, Sales Outlook Due to Pandemic Impact, AICPA Survey Finds
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Poll: 80% Says US is Spiraling Out of Control
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Friday's May jobs report surprised economists. It could be a sign that the government's program to rescue small businesses is paying off
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American jobs are returning but an ugly summer still looms
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May’s surprising job gain dents view that Fed will stay at zero for years
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Most Americans Say Country ‘Out of Control’ in NBC-WSJ Poll
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There Are Two Recessions, Not One
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U.S. consumer credit plummets in April as credit-card use tumbles by record amount
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‘We are saving every penny we can’: What life could look like for this 66-year-old man when he loses all his unemployment benefits next month
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The pandemic hit, and their car became home for a family of four
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More workers now losing hope of getting back jobs
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Nearly 25% of Americans have no emergency savings
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There ‘Definitely’ Will Be Another Stimulus Package, Trump Economic Adviser Says Second Stimulus Check in Jeopardy, Jobs Report Gives McConnell Some Ammo Trump Says He’ll Ask Congress for Additional Economic Stimulus Second Stimulus Check And Extra $600 Unemployment Benefit On Life Support After May Jobs Report
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The CARES Act Sent You a $1,200 Check but Gave Millionaires and Billionaires Far More
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States scramble to deal with potential spikes in unemployment fraud, prompting Democrats to demand answers
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Fed to stay full throttle with credit support despite debt rally
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FOMC Preview
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Wall Street doubts Fed's US$600-billion lending plan can succeed
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Another drain on the U.S. economy: The long, painful road toward deglobalization
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Trump renews threat to slap tariffs on autos from European Union
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Trump threatens new EU, China tariffs unless lobster duties reduced
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Wharton finance professor says an index of mom-and-pop businesses ‘would show devastation far worse than what we saw in the stock market’
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Trump signs bill changing Paycheck Protection Program into law PPP Saved The Day For Many Businesses, Now It Has Been Extended
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Guardians of the World Economy Stagger From Rescue to Recovery
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Local Austerity Will Hold Back U.S. Rebound Like It Did in 2010
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Amid Slow Return to Workplaces, COVID-19 Precautions Abound California is set to reopen its schools, bars, film studios, and more on June 12 California Says Live Sports, Film Production Can Resume June 12 New York City just unveiled its plan for outdoor dining. Here's how the city plans to use sidewalks, curb sides, and open streets for restaurants NYC's lockdown is officially over, sort of. New Yorkers Anxiously Exit Covid Lockdowns After 80 Days of Hell America’s Economy Can’t Thrive Without New York City From showgirls in face masks to a swarmed gaming floor in one casino, photos show what Las Vegas' hotels and casinos looked like on the first day they reopened to the public A coronavirus tracker says he is seeing a spike in case numbers tied to Memorial Day partying: 'I don't believe this is the time to reopen' Some tech workers are slowly trickling back to the office now States reopen after coronavirus lockdowns: Florida joins list of states putting bars back in business More consumers are willing to head back to stores than to dine out at restaurants, S&P Global finds The 2 different Covid-19 scenarios that worry experts Fauci, Virus Task Force Vanish With Trump All-In on Reopen In cities, a dramatic end to social distancing
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Five charts that track the U.S. economy amid reopening progress
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'I don't know if that counts as a job': Fewer hours, less pay and more anxiety greet returning workers
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The protests may have ended the coronavirus lockdowns permanently
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This award-winning post-pandemic office design with individual sealed pods offers a glimpse at what returning to the office could look like
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The Office Isn't Dead. It's Just Convalescing
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AAR: May Rail Carloads down 27.7% YoY, Intermodal Down 13.0% YoY
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U.S. Economy Is Still Far From Smooth Sailing, Port Chief Says
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Bezos' wealth stacked in $1 bills would hit ISS space station … 30 times
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In George Floyd’s City, Inequalities Are Everywhere
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A Degree Doesn’t Buy Privilege for Black Graduates
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US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

Mortgage forbearances fall for the first time
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Black homes in Minneapolis are worth around $33,000 less than white ones. Here's how one expert says racism devalues black neighborhoods across the country.
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WeWork is grappling with a fresh setback after the pandemic emptied offices. Here's the latest on job cuts, financials, and executive departures What would a WeWork bankruptcy look like?
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Billionaires’ Row Condo Deal Sets Record for Biggest Resale Loss
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Mall Owner Surges With New Optimism About Shoppers Coming Back
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Municipalities:

State sales-tax receipts plunge as much as 41% in April amid coronavirus shutdowns — and May could be worse
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Who Needs Cities When We All Work From Home?
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Small Businesses Failed by Federal Bailout Program Turn to Cash-Strapped Local Governments for Help
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Illinois Will Be The Poster Case For State Bankruptcy
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Puerto Rico overhauls civil code, braces for big surplus plunge
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Supreme Court Decision Unmasks Stark Reality for Puerto Rico
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Oil/Gas:

CEOs Bank Big Bonuses As Oil Companies Go Bankrupt
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Lawyer: Wave of oil and gas bankruptcies hasn't peaked yet
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U.S. Shale Outperforms Expectations In Q1
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Will U.S. Shale Ever Return To Its Boom Days?
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Saudis Make Biggest Oil Price Hike in 20 Years After OPEC+ Cuts
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Saudi Arabia Lays Down the Law to the Oil Market
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Offshore Oil's $105B Hangover Compounds Industry Woes
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Chesapeake Energy's stock rockets as oil prices surge, and have more than doubled in 3 weeks
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Pandemic Accelerates Decline And Fall Of Fossil Fuel Producers
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History:

How racist policing took over American cities, explained by a historian
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No, This Isn’t as Bad as 1968 (So Far)
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How 2020’s unrest is both better and worse than tumult of 1960s
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100 Years of Racial Protest in Photographs
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The Last Time the U.S. Army Cleared Demonstrators From Pennsylvania Avenue
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Politics:

Gen. Colin Powell says he will be voting for Joe Biden for president Now Colin Powell is on Trump Enemies List Powell Backs Biden, Says Trump Has ‘Drifted’ From Constitution Colin Powell Says Trump 'Lies,' Congress Does Nothing to Stop Him Colin Powell: Trump Lies All of the Time George W. Bush and Mitt Romney won't support Trump in 2020, while some GOP officials consider voting for Biden GOP leaders of the past decline to say whether they'll vote for Trump Former George W. Bush Staffers Form PAC to Back Joe Biden
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Romney, marching with evangelicals, becomes first GOP senator to join George Floyd protests in D.C.
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Joe Biden has doubled his lead over Donald Trump in Michigan, poll says
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Internal Trump polls collapse Virus, racial unrest force Trump campaign to recalibrate
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Ohio is suddenly a 2020 battleground
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Energy Industry Jilts Trump With Curb on Campaign Donations
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Trump got into a shouting match with a top Pentagon official after demanding 10,000 troops be deployed to the streets of Washington DC White House, Pentagon tensions near breaking point 89 former defense officials say they are 'alarmed' by Trump's threat to use the military to end nationwide unrest Dempsey: Trump's 'inflammatory' threat to use active duty troops hurts US military Trump Orders Withdrawal Of National Guard In D.C. As Anti-Racism Protests Continue
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Carson says 'reserve judgment' on Trump's remarks in aftermath of George Floyd's death until President speaks again
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Trump Doubles Down on Trashing Mattis Mattis is the merely latest Trump official to go from hero to zero in the president's telling How Mattis reached his breaking point and decided to speak out John Dowd Tells General Mattis Protesters ‘Aren’t Real’ And Other Delusions
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Trump and the threat of the military in US cities has made the Third Amendment suddenly relevant. Here's what it means Apparently, It's Time to Talk About the Third Amendment
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'He tries to divide us': More and more former military leaders are calling Trump out over his handling of protests and nationwide unrest
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Trump retweeted an attack on George Floyd's character by Glenn Beck and Candace Owens
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Chainsaw-wielding racist gets boosted by a top Trump aide as race protests sweep the nation
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Most Voters More Concerned About George Floyd's Death Than Protests: Poll
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White conservatives like Rush Limbaugh believe white privilege doesn't exist. But the coronavirus pandemic shows the painful divide between white and black Americans.
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Trump has blamed antifa for violent clashes with police during George Floyd protests, but records show that he's likely wrong Rumors about antifa protesters circulating on Facebook and Twitter have made their way to local police tip lines
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No ‘silver lining’: Trump faces voter backlash amid crises
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Bolton plans June release for book about time in White House
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Furor in Texas GOP after leaders post racist memes that suggest Floyd’s death is a hoax
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Trump ‘doesn’t have a racist bone in his body!’ — Rudy Giuliani defends the president in ‘barking mad’ interview
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Trump is the worst possible president for this moment
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Trump Reveals How He Wants to Be Remembered
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Park Police contradict the White House's claims that it didn't use tear gas on protesters, admit they were 'incorrect' in saying pepper balls aren't tear gas Barr: ‘Pepper Spray Is Not a Chemical Irritant’ AG Barr Wanted to Rewrite Trump Photo-op Trump's tear gas photo-op was 'frightening' to authoritarianism experts, who warn that his behavior will only get worse without 'fierce opposition' 'That's just not right': Navy SEAL who oversaw bin Laden raid speaks out against Trump clearing protesters for church photo op Black Lives Matter and the ACLU are suing the Trump administration for forcing peaceful protesters out of his way with tear gas before his church photo op A U-turn, an angry president and a fateful walk to a church Trump retweeted a letter describing peaceful protesters tear-gassed for his church photo-op as 'terrorists' Barr accuses media of lying about peaceful protesters outside White House Barr again defends police move on demonstrators outside Lafayette Square, in an account that belies what happened
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Federal judge limits Denver police use of tear gas and projectile weapons
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Seattle police use flash bangs at protest after mayor bans tear gas for 30 days
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Marine Corps bans Confederate battle flag on military bases Protesters tore down a statue in the former capital of the Confederacy. More may follow Confederate Leader Williams Carter Wickham Statue in Virginia Torn Down
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As Monuments to Racism Fall, Trump’s Culture War Falters
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Joe Biden to travel to Texas to meet with George Floyd’s family
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Biden formally secures Democratic presidential nomination
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People are accusing fast-food giants like Wendy's and McDonald's of funding Trump's reelection. Here's what is really happening
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Public and Private Sector Payroll Jobs During Presidential Terms
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Goldman Sachs sees a rising possibility of a 'blue wave' in the November elections, which poses a risk to corporate profitability and dividends
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How the Democrats could easily seize the Senate in 2020
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One of Maine's Largest Newspapers Calls on Trump to Resign as He Heads to His First Visit to the State
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Inside the Revolts Erupting in America’s Big Newsrooms
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Vote with the Wrong Address That's Fraud
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Mapping COVID-19’s spread from blue to red America
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New Trump Appointee to Foreign Aid Agency Has Denounced Liberal Democracy and “Our Homo-Empire”
(DBN)

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Cruise Lines:

Eerie photos show empty cruise ships moored off coasts around the world as the coronavirus floors the industry
(DBN)

S&P places Royal Caribbean ratings on review for possible downgrade
(DBN)

____________

Theme Parks:

Universal’s Florida Theme Parks See Few Guests on Opening Day
(DBN)

____________

Religion:

Worship services during the pandemic will probably be short, outside, and with absolutely no singing
(DBN)

America's only black Catholic archbishop goes from diplomat to fire starter in the wake of Floyd's death
(DBN)

Southern Baptist president's church abuse policies under fire
(DBN)

‘They are mistaken’: AG backs sex-abuse law challenged by Diocese of Providence
(DBN)

____________

Food/Beverage:

Restaurant owners say damages due to looting can be fixed, but there are bigger problems on the horizon
(DBN)

Many Beloved Eateries Close as Pandemic Relief Falls Short
(DBN)

Chuck E. Cheese in Talks With Lenders for $200M Loan
(DBN)

Half of Americans Want Meat-Free Options After Industry’s Crisis
(DBN)

Tuna’s Downfall Seen as Antitrust Warning to Chicken, Beef CEOs
(DBN)

____________

Travel:

Is travel safe? We interviewed experts on risks associated with flying, booking hotels or Airbnbs, renting cars, and more, plus ideas on safe vacations during COVID-19
(DBN)

The coronavirus has reinvented what people want when they travel — and it's bringing 2 classic Americana staples back into style
(DBN)

____________

Movie Theaters:

AMC Theatres Possible Bankruptcy "Too Close to Call," Analyst Says
(DBN)

____________

Diamonds:

The great diamond glut: Miners stuck with gems worth billions
(DBN)

____________

Tourism:

Vietnam Breaks Out of the Covid Tourist Trap
(DBN)

Greece Risks Unemployment Surge as Tourism Is Slow to Restart
(DBN)

____________

Maritime:

Ocean shipping shrinks as pandemic pummels retailers
(DBN)

____________

Textiles:

Jason Industries Enters In RSA, Will File Ch. 11
(DBN)

____________

Entertainment:

Hollywood will tackle sex scenes by 'using CGI' to avoid COVID-19 transmission
(DBN)

____________

Climate:

Hurricane preparedness meets coronavirus caution as Cristobal bears down
(DBN)

____________

 


New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (6 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 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:

Attorney expects bankruptcies to increase by fall
(DBN)

As economy reopens, wave of bankruptcy filings likely on the way
(DBN)

Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the 12-Month Period Ending March 31, 2020 Bankruptcy Cases Filed, Terminated, and Pending—During the 12-Month Periods Ending March 31, 2019 and 2020
(DBN)

U.S. Bankruptcy Appellate Panels—Cases Filed, Terminated, and Pending—During the 12-Month Periods Ending March 31, 2019 and 2020 U.S. Bankruptcy Appellate Panels—Cases Filed, Terminated, and Pending, by Chapter of the Bankruptcy Code—During the 12-Month Period Ending March 31, 2020
(DBN)

______________

Finance:

Beware the Post-COVID Revenge of the Mezz Lender
(DBN)

PPP Loans Sparking Disputes and Differing Results in Bankruptcy Proceedings
(DBN)

____________

Contracts:

Bankruptcy Court Guidance on Force Majeure Clauses
(DBN)

____________

Bankruptcy Strategy:

A Faster, Cheaper, More Efficient Way to Restructure
(DBN)

____________

Cross-Border:

Digicel: US bankruptcy filing won’t impact operations
(DBN)

____________

Tax:

IRS Rules Target Coaches at Duke, Notre Dame, Hospital Chiefs
(DBN)

There is a difference between dischargeable taxes and priority taxes
(DBN)

____________

Ch. 13:

Saving for Retirement in a Chapter 13 Bankruptcy
(DBN)

____________

Aviation:

I flew on America's 2 largest airlines for the first time in months and was shocked to discover stark differences in how they're each adapting to the new reality
(DBN)

Lack of social distancing rule makes American Airlines an outlier
(DBN)

Flight attendants explain how COVID-19 has affected their jobs
(DBN)

U.S. Airline Passenger Traffic Has Best Day Since March 22
(DBN)

Airline Stocks Still Far Below Cruising Altitude
(DBN)

American Airlines stock adds to its tally of records with a weekly gain of over 75%
(DBN)

Boeing heads for US$35B weekly gain in airline rally's wake
(DBN)

Private-Jet Industry Sees a Faster Rebound than 2008 Recession
(DBN)

Airbus fails to log any jet orders after airlines hunker down
(DBN)

WestJet breaks ranks with carriers to offer refunds to some customers
(DBN)

Trump calls out Warren Buffett for selling all his airline stocks, says he made a mistake
(DBN)

Lufthansa Wants Germany to Divest Stake by 2023 Austria Agrees 450 Million Euro Aid Deal for Lufthansa Arm
(DBN)

Delta says it will stop flying to 11 US cities indefinitely — here's the full list
(DBN)

United plans to shutter three overseas flight attendant bases as international travel suffers
(DBN)

U.S. officials modify ban on Chinese airlines U.S. Limits China’s Airlines to Two Weekly Flights in Trade Spat
(DBN)

Emirates to Extend 50% Salary Cuts Until September
(DBN)

Avianca May Get ‘Lifesaver’ Aid as Colombia Mulls Equity Stakes
(DBN)

South Africa's Comair intends to cut fleet in half
(DBN)

British Airways Threatens to Fire All Pilots in Latest Salvo
(DBN)

South Korea to Pump $828 Million Into Korean Air, Yonhap Says
(DBN)

Singapore Airlines Doesn’t Plan to Cut Jobs for Now
(DBN)

SAA administrators seek another rescue plan delay after unions object
(DBN)

Thai Airways rehabilitation may take up to seven years, legal advisor says
(DBN)

Heathrow Could Cut More Than 2,000 Jobs If Quarantine Continues
(DBN)

U.K. to Go Ahead with Quarantine That Will Further Slam Airlines
(DBN)

Brussels Airport ground handler Swissport Belgium files for bankruptcy – nearly 1,500 jobs at stake
(DBN)

India Warns of Risk to Planes as Wildlife Flourishes at Airports
(DBN)

____________

Healthcare:

Hospitals could struggle — and more will go bankrupt — until they get patients back in the door
(DBN)

Dentistry fueled the health care sector's May jobs bump
(DBN)

Ruston specialty hospital to close; 167 jobs lost
(DBN)

Covid-19 Stalks Large Families in Rural America
(DBN)

Coronavirus racial disparities on display in the nation's capital
(DBN)

WHO issues new guidance on face masks, advising people wear them in places where social distancing is difficult or if you're over 60 years old WHO: Fabric masks need 3 layers to best curb coronavirus spread
(DBN)

How to Join the Protests Without Risking Covid-19
(DBN)

Coronavirus Deaths Surpass 400,000
(DBN)

Confirmed COVID-19 Cases in the U.S.
(DBN)

CDC wants states to count 'probable' coronavirus cases and deaths, but most aren't doing it
(DBN)

Some covid-19 patients taken off ventilators are taking days or even weeks to wake up
(DBN)

Amid reopenings and street protests, coronavirus transmission remains high in much of the U.S.
(DBN)

Haircuts to yard parties: How infectious disease experts do things safely
(DBN)

Contact tracing has become a fast-growing job opportunity with many people still out of work
(DBN)

How to decide when it's safe to go to the dentist or doctor again if your state is reopening
(DBN)

What public health experts want critics to know about why they support the protests
(DBN)

Dr. Anthony Fauci says large protests taking place across the country are 'a perfect set-up' for spreading COVID-19
(DBN)

Rising COVID-19 hospitalization numbers in North Carolina have doctors concerned
(DBN)

A Maine factory says it will have to discard all coronavirus swabs made during Trump's factory tour
(DBN)

CDC: People are calling poison control after rubbing themselves and their food with bleach to prevent the coronavirus CDC: Some people are drinking and inhaling cleaning products in attempt to fight coronavirus
(DBN)

Hydroxychloroquine, what it is, and what it does to your body Hydroxychloroquine doesn’t prevent coronavirus infection, study with more than 800 people finds Hydroxychloroquine Farce Has Tragic Consequences
(DBN)

The coronavirus was likely in the US before anyone knew it existed. It's now hard to believe we ever assumed otherwise.
(DBN)

Many of the coronavirus' most mysterious and dangerous symptoms have one thing in common: blood clots. This isn't solely a respiratory infection.
(DBN)

No one knows why these Covid-19 patients’ symptoms keep relapsing
(DBN)

Almost 600 US healthcare workers have died of COVID-19 and the majority of them are people of color
(DBN)

About two-thirds of low-wage essential workers can't practice social distancing — and they're more likely to lack protections from coronavirus
(DBN)

We might be safer from coronavirus now than we were in March, but we're not completely safe. Here's how to determine your level of risk when going outside.
(DBN)

AstraZeneca starts manufacturing potential Oxford University vaccine and strikes deal with Bill Gates-backed health organizations
(DBN)

____________

Art:

Britain's Banksy depicts U.S. flag on fire in Floyd tribute
(DBN)

____________

Gambling:

Casinos look to protect customers from themselves with new safety measures
(DBN)

Golden Nugget Owner Says Casinos, Eateries Aren’t Bouncing Back
(DBN)

____________

Hotels:

Airbnb Joins Vacation-Rental Sites Seeing Surge in Summer Demand
(DBN)

____________

Tech:

140 top scientists who are funded by Mark Zuckerberg are criticizing Facebook for letting Trump 'spread misinformation' Facebook has an identity problem — and it's tearing the company apart
(DBN)

Trump's Twitter account appears as the top result when users search the word 'racist.' Twitter says an algorithm is behind that 'recommendation.'
(DBN)

Twitter lets President Trump’s tweets stand but suspends another account for tweeting the exact same thing
(DBN)

Facebook moves to limit spread of 'Boogaloo' groups after FBI charges
(DBN)

Facebook removes 190 accounts linked to white supremacy groups
(DBN)

Apple stock fully recovers from coronavirus decline, returns to record highs
(DBN)

____________

Sovereigns:

China Says Debt Payments Paused for 77 Nations After G-20 Deal
(DBN)

Asia’s Most Distressed Sovereign Debt May Force Economy ‘Reset’
(DBN)

____________

UK:

Next, Debenhams, Primark and other 'non-essential' retailers are set to reopen in the UK on June 15
(DBN)

U.K. Mall Landlord Intu Appoints Administrator Amid Debt Crisis
(DBN)

Asset management boss warns of global corporate insolvency crisis
(DBN)

How U.K.’s $168 Billion Virus Aid Package Is Being Rolled Out
(DBN)

U.K.’s Johnson Looks Beyond Virus as Poll Ratings Extend Slide
(DBN)

Johnson Set to Ease Leisure Lockdown Measures in U.K.
(DBN)

U.K. Coronavirus Deaths Pass 40,000, Double Projected ‘Good Outcome’
(DBN)

L Brands’ Victoria’s Secret U.K. Arm Appoints Administrators
(DBN)

UK insolvency law poses hefty losses for government-backed loans
(DBN)

Can Scarring Be Avoided? Seven U.K. Recessions Say No
(DBN)

U.K. Families Under Lockdown Are Smashing Up Their Televisions
(DBN)

____________

EU:

'The ECB action was strong, but when Lagarde went into the details investors lost their excitement': Here's what analysts are saying about the ECB's $1.53 trillion rescue package
(DBN)

Pandemic bond-buying program is now ECB’s real crisis-fighting ‘bazooka,’ analysts say
(DBN)

Trump’s Troop Plan Stuns Germany and Rocks Postwar Order
(DBN)

____________

PIIGS:

Spain Reopens From Covid-19 With Bullfights, But No Dance Floors
(DBN)

Spain’s Stimulus Spending Binge Needs Debt-Cut Plan, De Cos Says
(DBN)

Greece's National Bank in deal to sell soured loans to Bain Capital
(DBN)

Italy Might Shake Off Crisis Without Having to Confront Economic Failings
(DBN)

____________

Japan:

Japan Bankruptcies Hit Lowest Since the 1960s: What Gives?
(DBN)

____________

Germany:

German Industrial Slump Hits Bottom With Record Output Drop
(DBN)

German New Cases Fall, Infection Rate Back Above Key Threshold
(DBN)

____________

Brazil:

Brazil wiped months of data from its official COVID-19 tracker, the latest attempt by Jair Bolsonaro to play down the crisis
(DBN)

It’s Covid Code Red in Latin America With No Signs of Peaking
(DBN)

____________

Sweden:

In Sweden, people with coronavirus symptoms say getting a test is nearly impossible — and it affects their ability to get medical care
(DBN)

Sweden didn't lock down, but economy to plunge anyway, plus death toll higher
(DBN)

____________

New Zealand:

New Zealand is now free of coronavirus
(DBN)

New Zealand Stocks Erase 2020 Losses as Social Distancing Ends
(DBN)

____________

Australia:

Top Australian official calls Black Lives Matter protests "reckless"
(DBN)

____________

Latin America:

LatAm Airline Bankruptcies & Update on Argentina
(DBN)

____________

Poland:

Poland reports daily jump in coronavirus cases, mostly among miners
(DBN)

____________

China:

Personal Bankruptcy Coming to China
(DBN)

Dr. Fauci Criticizes China's Early Handling of the Coronavirus Outbreak China denies cover-up, rejects 'politicization' of coronavirus
(DBN)

China's trade surplus surges to record in May as imports slump
(DBN)

China’s Monthly Car Sales Rise for First Time in Almost a Year
(DBN)

China Backpedals on Push to Revive Street-Selling Economy
(DBN)

China’s recovery could be ‘very impressive,’ but U.S. stands in the way: Economist
(DBN)

____________

India:

Why the IBC ordinance to suspend insolvency pleas for six months, spells trouble
(DBN)

Indian Stocks Climb as World’s Biggest Lockdown Draws to an End
(DBN)

____________

Argentina:

Argentina's pandemic-hit economy seen shrinking 9.5% this year: central bank poll
(DBN)

Argentine wine province launches small-sized debt restructuring of its own
(DBN)

____________

MENA:

Saudi Arabia Coronavirus Cases Top 100,000 Amid New Surge
(DBN)

NMC draws up 3-year turnaround plan
(DBN)

____________

Malaysia:

Malaysia to Relax Restrictions on People’s Movement From June 10
(DBN)

____________

Africa:

Virus Spreads as Africa Re-Opens and Investors Aren’t Worried
(DBN)

A Red Line Crossed: South Africa Seeks Aid From the IMF
(DBN)

South African Banks at Risk of Deepest Profit Slump in 50 Years
(DBN)

____________

Mexico:

Mexico Hit by Its Own Violent Protest Over Police Brutality
(DBN)

____________


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