March 23, 2020

The Daily Bankruptcy News

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Law:

Mandated Closures Have Law Firms Confused and Scrambling
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Coronavirus Is Changing How Attorneys Work (Video)

Coronavirus Crisis Upends In-House Counsels’ Work Routines
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Can government actions restrict creditors’ remedies during the COVID-19 emergency?
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Locked-Down Lawyers Warned Alexa Is Hearing Confidential Calls
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The COVID-19 Financial Crisis: A Survival Guide
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Big Law Goes Remote: Updates on Law Firm Closures During the Coronavirus Crisis
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New Normal Sets In for White-Collar Lawyers in the Virus Era
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What Lessons Lawyers Can Learn From Week One of Working From Home
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Facing Uncertainty, Law Firms Seek Credit, Brace for Less M&A
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Lowenstein Sandler Partner, Stranded in Guatemala, Crossing Fingers Relief Flight Takes Off
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Insolvency Guide for Lenders, Landlords, Lessees, and Others Dealing with the COVID-19 Crisis
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A Season of Viral Disruption
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David Lat Put on Ventilator, in Critical Condition With COVID-19 Infection
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Advice to Law Students in the Time of Covid-19: Your Path to Big Law
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Lawyer with early diagnosis of COVID-19 is recovering; another dies from complications Beloved Lawyer Dies From Coronavirus Complications
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Law Firm Layoffs Amid COVID-19
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Naming Names: The Unsung Heroes Of The Coronavirus Pandemic
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Tracking Yale Law School’s Dominance
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The US News Rankings Are Here. How Did Your Law School Do?
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Will The Bar Exam Be Postponed Due To COVID-19?
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Tackling The Implicit Bias Of The Legal Industry
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Cuomo says 100% of non-essential N.Y. workforce must stay home
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The World Is Not Canceled
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DOJ appeals to Congress for new emergency powers amid pandemic DOJ emergency powers report raises ire among conservatives and liberals
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Bankruptcy lawyers' warning as coronavirus crisis mounts: Act now
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Inside the U.S. Military's Plans to Stop 'civil Disturbances' Amid Coronavirus Pandemic, Something They Haven't Done in 30 Years
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Gov. Murphy vows action to enforce NJ stay-at-home order
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Don't let constitutional rights be a victim of this virus
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Trump-Appointed Judge–Again–Halts Congressional Lawsuit for President’s Tax Returns
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Jailed Harvey Weinstein Tests Positive for Coronavirus: Report
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Jeffrey Epstein 'said he would not be prosecuted over sex claims because he was friends with Donald Trump'
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Fearing outbreaks and riots, nation’s prison and jail wardens scramble to respond to coronavirus threat
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U.S. Court Warns of ‘Grave’ Pandemic in Prisoner Access Ruling
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Sean Hannity Threatens BESMIRCHMENT Lawsuit If You Say He Called Coronavirus A ‘Hoax’
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The U.S. Still Can’t Say How Many Families It Separated
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Felony Rap For Coughing In Face Of Paramedic
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3 prosecutors resign amid probe into free Utah Jazz tickets provided by defense lawyer
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North Carolina Cops Bust Stolen Truckload of Toilet Paper
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Rebels defy mandates with coughs, 'corona parties'
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Trump activates National Guard in California, New York and Washington state: ‘This is a war’
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Police Tread Lightly as Pandemic Spreads
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White supremacists encouraging their members to spread coronavirus to cops, Jews, FBI says
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Judges:

Summary of Modifications to US Bankruptcy Court Protocol & Procedures Due to COVID-19
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The Impact of COVID-19 on Pending and Newly Scheduled Court Hearings
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BK ND CA: Debtors' Wet Signature Not Needed Amid Coronavirus
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Arguments Axed, Access Limited: Courts Respond to Covid-19
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What next for oral arguments?
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Federal judge includes ‘be kind’ advice in orders following COVID-19 pandemic
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Will Supreme Court decide some cases without oral arguments?
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All Justices Healthy, But Skipping Usual Handshake, Court Says Supreme Court's 'Conference Handshake,' a 19th Century Tradition, Takes a Pause
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All the President's Judges: The Impact of Trump's Record-Setting Appointments
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SCOTUS extends filing deadlines because of coronavirus outbreak
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Federal Judges Botch Simple Technology In Latest COVID-19 Fail
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Federal Judge Reams Out Plaintiff in Counterfeit Unicorn Art Case
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Despite Order on COVID-19, Judge Issued Arrest Warrants for People Who No-Showed Court
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Embattled Cleveland Judge Pinkey Carr called public defender ‘little idiot’ after he asked to tell his clients not to come to court amid coronavirus pandemic, video shows
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Texas judges will be able to conduct court online as coronavirus spreads
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Wall Street:

US stock futures plunge, trigger limit down trading halt, after Senate fails to agree on $1.6 trillion stimulus package Asian shares, US futures sink as virus crisis deepens Dow futures drop 500 points, briefly hit ‘limit down’ as investors await a stimulus deal
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Thailand’s Key Stock Index Plunges 8%, Triggering Trading Halt Indonesian Stocks Hit Circuit Breaker Amid Spike in Virus Cases India stocks plunge as coronavirus uncertainty continues to roil Asia markets
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U.S. Futures Plunge to Volatility Limit on Recession Fears
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S&P 500 sinks to three-year low; oil tumbles Dow tumbles 900 points to end Wall Street’s worst week since 2008
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Coronavirus has sent the global markets into turmoil. And the epicenter is everywhere.
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Goldman injects $1 billion into own money-market funds after heavy withdrawals
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U.S. market sell-off brings short sellers $344 billion profit
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Goldman CEO bucks Wall Street trend with 20% pay bump for 2019
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Stocks can return to records early next year if the US can curb coronavirus spread, says JPMorgan
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Breaking down this sell-off, among the most extreme Wall Street has ever seen
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Worst of the Global Selloff Isn’t Here Yet
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Broken Markets Seeking Lifeline Struggle to Look Past Infections
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Layoffs:

As a wave of pandemic-driven layoff hits, workers try to manage their money
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The Peace Corps isn’t just bringing home 7,300 volunteers because of the coronavirus. It’s firing them.
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Sub-Zero Group announces 1,000 layoffs, halts production
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Cirque Du Soleil Layoffs 95 Percent Of Staff Worldwide
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OneWeb confirms layoffs
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Live Sector Layoffs Piling Up: Paradigm Slashes Its Music Agency Ranks, Joins SXSW, Zac Brown Band, Headliner
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Mattress Firm furloughs workers, cuts salaries and suspends some benefits in response to coronavirus
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Air Canada lays off 5,000
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Coronavirus Layoffs: Trump Hotels, Airports Latest To Shed Jobs During Pandemic
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Healthcare:

Doctor in Italy: We no longer help those over 60
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The Lessons from Italy’s Covid-19 Mistakes
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Experts on Germany's Low Mortality Rate Japan's Low Infection Rate Stuns Experts
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WHO Launches Megatrials for Virus Cure
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These charts show how fast coronavirus cases are spreading — and what it takes to flatten the curve
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Detroit Big 3 to Make Ventilators US tech CEOs from Tim Cook to Elon Musk pledge to help coronavirus fight with masks and ventilators
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Tom Hanks: We Feel Better
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US COVID-19 Tests per Day #TestAndTrace The Next Phase of Testing
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Healthcare Lenders And Borrowers: COVID-19 And Our Loan Documents
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Coronavirus: Woman, 39, in ICU warns people who doubt they can catch it
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CDC: Seasonal Flu Activity Slowing
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'Who lives and who dies': In worst-case coronavirus scenario, ethics guide choices on who gets care
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Wuhan Still Finding Symptom-Free Virus Cases, Caixin Reports
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‘Terrified’ Package Delivery Employees Are Going to Work Sick
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A third of coronavirus cases may be ‘silent carriers’, classified Chinese data suggests
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‘I’m definitely going to get it. We all are,’ N.J.’s top health official says as she leads the state’s coronavirus war
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‘It will bankrupt my department’: How private labs are paying the price for testing
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State will lease bankrupt Daly City hospital to treat coronavirus patients Bankrupt Daly City Hospital Gets Reprieve in Coronavirus Crisis
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Mom of 7-month-old with coronavirus warns kids also at serious risk
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'A slow burn': Coronavirus symptoms often linger before worsening
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‘Tipping Point’ at New York Area Hospitals as Virus Cases Mount
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A top New York surgeon warns that the coronavirus has 'breached' hospital walls and infections could peak in 22 to 32 days
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How Come the Rich and Famous Have Easy Access to Virus Testing?
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New York State Needs 50,000 Extra Hospital Beds, Cuomo Says
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As Coronavirus Hits, New Yorkers Wonder if They Should Leave
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Coronavirus killing more than a person an hour in NYC
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NYS parks fill up as last of non-essential businesses close
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NYC’s Javits Center On List For COVID-19 Field Hospital
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Coronavirus cases spike in Washington region as testing capacity ramps up
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Hospitals Seek $100 Billion in Pending Pandemic Stimulus Bill Hospitals set up coronavirus tents, seek emergency credit and US aid as they face onslaught
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De Blasio says coronavirus outbreak will be "a lot worse" in April and May
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N.Y. Will Start Using Trial Drugs on Tuesday to Treat Patients
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Hospitals turn to crowdsourcing and 3D printing amid equipment shortages
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Illinois governor said states are 'competing' for equipment shipments: 'It's a wild, wild West out there' Illinois governor: States are "competing against each other" for medical supplies
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Hunt for medical gear to fight virus becomes all-consuming
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Half a million N95 masks are on their way to New York and Seattle, manufacturer says
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Target apologizes after selling coveted N95 masks to the public as healthcare workers across the US run out
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Non-medical business giants help hospitals facing supplies shortage
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CDC’s Worst-Case Coronavirus Model: 214 Million Infected, 1.7 Million Dead U.S. Coronavirus Update, Death Toll Hits 260 Coronavirus cases top 300,000 worldwide as US becomes one of worst hit countries A coronavirus explosion was expected in Japan. Where is it? Why does Russia, population 146 million, have fewer coronavirus cases than Luxembourg? Americans’ Views On The Coronavirus Are Shifting Fast 'This system is doomed': Doctors, nurses sound off in NBC News coronavirus survey Italy's coronavirus death toll feeds fear of what lies ahead in Europe and the U.S. Trying to shield the nation's most vulnerable from covid-19 In hard-hit areas, testing restricted to health-care workers, hospital patients U.S. Now Has Third-Highest Number of COVID-19 Cases After China and Italy Italy's Coronavirus Deaths Spike Nearly Two Weeks Into Lockdown, an Ominous Sign for New York and California COVID-19 Could Infect 650,000 People in the U.S. by May: Study Let's 'Practice Humanity': Cuomo Reassures New Yorkers as Cases Skyrocket From no restaurants to shelter-in-place, here’s what large US states are doing to contain coronavirus Dallas Country Expands Business Closures 5 common questions about social distancing, answered
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Why we’re not overreacting to the coronavirus, in one chart
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WHO considers ‘airborne precautions’ after study shows coronavirus can survive in air
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FDA Authorizes Test That Can Detect Coronavirus in 45 Minutes
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Coronavirus Uncertainty Plagues the Experts, Too
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Trump keeps promoting an unproven coronavirus treatment — despite his experts’ advice Nigeria Reports Chloroquine Poisonings After Trump Praised Drug
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'The system was blinking red': Intelligence officials warned Trump about a pandemic as early as January, but 'couldn't get him to do anything about it' Intelligence reports warned about a pandemic in January. Trump reportedly ignored them.
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Coronavirus shut down Sin City, creating a potentially devastating situation for Las Vegas
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Hospitals will run out of beds by late April if TX Gov. doesn’t order Texans to stay at home, hospital group warns
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'Quarantine shaming': US navigates radical new social norms
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One in four Americans told to stay home as Congress nears $1 trillion stimulus Daily life comes to near-halt as more governments impose restrictions on movement WHO: Lockdowns Won't Stop This Virus California has issued a statewide 'stay at home' order, while other states have shutdown bars and restaurants. Here are all the places taking drastic measures to curb the spread of coronavirus 40 Million Californians Wake Up on Lock Down Marin County urges residents to abide stay-at-home order after many gather at beaches, parks Inside the long days of California's great lockdown, glimpse America's stay-at-home future These 23 powerful images show California’s new reality DC Closes Streets Nearly one billion people confined to homes globally to curb virus Trump approves aid to New York as state braces for shutdown Thousands of Americans stranded abroad as money, patience run out Illinois governor issues order requiring residents to ‘stay at home’ starting Saturday New Jersey Is the Latest State to Tell Residents to Stay at Home Inspired By Italy, Dallas Residents Sing Together From Their Apartment Windows Ohio, Louisiana are Latest States to Issue Stay-at-Home Orders Is a shelter-in-place order next? It’s up to Texans to limit the spread of coronavirus While other states order residents to stay at home to stem coronavirus, Washington resists Stay-at-home order to start next week in St. Louis, KC Tampa Mayor Jane Castor anticipates a ‘stay at home’ order Hawaii institutes mandatory 14-day quarantine for all incoming visitors, returning residents Portland Area Mayors, Metro Leader Call For Statewide Stay-At-Home Order Florida Commissioner of Agriculture urges the governor to implement stay-at-home order Wisconsinites urged to stay at home by Gov. Evers States that have issued stay-at-home orders during the coronavirus pandemic These states are ordering residents to stay home or shelter in place. What does that mean? Lockdowns, stay-at-home policies multiply as coronavirus cases, deaths mount What are the limits of stay-at-home orders? What does “shelter in place” really mean? Does stay-at-home mean you can’t go outdoors? Not exactly A one-page, printable guide for preparing to shelter at home
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ICU beds already near capacity with non-coronavirus patients at L.A. County hospitals
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Cruise Lines:

Stranded passengers on Holland America 'mystery cruise' have no idea where they will end up after coronavirus outbreak forces ports to turn ships away Passengers have been confined to their rooms on Holland America's 'mystery cruise' after several guests and crew members exhibited 'flu-like symptoms'
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Cruise ship still trying to get passengers to port carries 42 sick people
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Australian State Tightens Cruise Ship Rules as Virus Cases Surge
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Art:

Netflix launches $100m coronavirus relief fund for out-of-work creatives
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Personal Finance:

How not to be a jerk while ordering groceries during a pandemic
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The difference between self-isolating in my tiny NYC apartment and holing up in my family's home in Austin taught me how crucial physical space is when working from home
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Do You Qualify For Paid Sick Leave For Coronavirus?
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4 things you can do to stay safe if you have to run errands during the COVID-19 pandemic
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Temporarily laid off due to COVID-19? Here’s what you need to know
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The coronavirus outbreak made me cancel my wedding
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Apple updated Siri to help people who ask if they have coronavirus
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Sheltered in place, Silicon Valley execs navigate screaming kids and Zoom calls
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WHO offers tips for living under coronavirus quarantine: Don’t drink, smoke or watch too much news
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Self-made millionaire says the concept of retiring early ‘will disappear’ due to the coronavirus pandemic
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‘This is such a blatant disregard for the coronavirus advice from the CDC.’ Can my employer force me to go to work?
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History:

The most important lesson of the 1918 influenza pandemic: Tell the damn truth
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Economic Analyses of Past Pandemics
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The world has suffered through other deadly pandemics. But the response to coronavirus is unprecedented.
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The Doctor Who Helped Defeat Smallpox Explains What's Coming
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When will financial markets hit bottom? The past may not hold any clues.
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Presidents in health crises: Trump more hands-on than many
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2008 Vs. 2020: A Warning To The Greedy
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Hedge Funds:

Bruised Hedge Funds Ask Clients for Fresh Cash to Buy the Dip
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If Ray Dalio isn't making money now, neither will you
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Food/Beverage:

US Restaurant Industry in Collapse
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NYC restaurants face mass layoffs as coronavirus cripples economic life: ‘This is a crushing blow’
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Troubled Times — Restructuring Tools for Breweries, Wineries, Distilleries, Bars and Restaurants in the COVID-19 Era
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Restaurant Suppliers Are Stuck With Tons of Unsold Food
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Why the Restaurant Industry Will Never Be the Same
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Gambling:

In the coronavirus sports void, these are the desperate bets gamblers are making
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Economy:

The coronavirus pandemic presents an unprecedented challenge to the world's nations: Choose between economy and health
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Fed’s Bullard Says U.S. Jobless Rate May Soar to 30% In 2Q
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What the Fed could do next to try to prevent an economic unraveling
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Fed Officials See More Moves Ahead Amid Dire Economic Outlook
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Kashkari Says Fed Can Do More; Flags Corporate, Muni Debt
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US Kills Its Economy. Hopes it Can be Revived
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How to Restart a Dead Economy
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Earnings are about to do something they haven’t done since 2008 because of coronavirus
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Working from home reveals another fault line in America's racial and educational divide
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Chase defers payments, waives fees, increases credit lines for those affected by coronavirus
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Share of Companies Exposed to Financial Risks from Coronavirus by Industry
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US Lockdown Could Last for Months
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In Seattle, It Started With Panic. Then the Deeper Anxiety Set In.
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Why this Nobel laureate predicts a quicker coronavirus recovery: ‘We’re going to be fine’
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COVID-19’s Worst Case? 10.6% Jobless Rate, $1.5 Trillion GDP Drop
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The economy and policy in the coronavirus crisis to date
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The middle class faces its greatest threat since the 1930s
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A few Comments on Weekly and Continued Unemployment Claims
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Workers in ‘Contractor’ Limbo at Risk in Covid-19 Jobless Wave
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Morgan Stanley Sees U.S. Economy Plunging 30% in Second Quarter
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These 4 stunning charts show just how quickly the coronavirus outbreak decimated key US industries - and pushed the economy to the brink of recession
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Real-time data show virus’s hit to global economic activity
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Cuomo warns 80% will get virus over ‘9 months’ as Mnuchin tells 80m to prepare for 12-week shutdown
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A Longstanding Fear About The Corporate Debt Market May Finally Be Coming True
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Recession Guaranteed, Recovery a Maybe, Says Bloomberg Economics
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Congress May Allow Fed to Purchase Longer-Term Corporate Debt
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Economist who predicted the last financial crisis warns of a debt bubble pop amid the COVID-19
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Millions Of Jobs Will Be Lost And Businesses Will Go Bankrupt If Our Politicians Don’t Act Now
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The coronavirus recession is already here
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Managing the Commercial Impact of the Coronavirus: Small Business Administration Loan Program
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These 4 stunning charts show just how quickly the coronavirus outbreak decimated key US industries — and pushed the economy to the brink of recession
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Architect of Trump's coronavirus stimulus plan says it's too little, too late
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Corporate winners and losers in the new coronavirus economy
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Top Economists See Some Echoes of Depression in U.S. Sudden Stop
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Coronavirus End Game That Avoids a Depression
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Fed’s Bullard: Coronavirus shutdown is not a recession but an investment in survival
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Illinois gov on FEMA supply: It's like the wild west out here
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25% of All Americans Under Shelter in Place
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‘If coronavirus doesn’t get us, starvation will’: A growing number of Americans say they can’t afford to stock up on groceries
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US Dollar on a Tear, but That's a Problem
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Treasury Market in Tumult Stares Down $340 Billion More Debt
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Critical Checklists for Business Owners and Management to Mitigate Risk of Financial Distress During the COVID-19 Crisis
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The Economic Devastation Is Going to Be Worse Than You Think
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This Will Change Our World Forever
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Businesses mobilize to support employees during coronavirus outbreak
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Junk bond default rate to triple within 12 months, S&P says
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Banks Should Defer Household Debt to Protect the Economy
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How Long Will We Be Dealing with This?
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Taking stock of strange days: The week that America changed
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25 US states at risk of losing the most jobs because of the coronavirus
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US states report price gouging
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Here’s how you can help people who’ve lost jobs or housing in the wake of coronavirus
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As coronavirus freezes economy, small businesses hope to hibernate
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Data Reveals the True Impact of the Coronavirus Outbreak
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Taxpayers Get Extra 90 Days and Foreclosures Are Halted
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This charity is giving cash directly to Americans suffering during the coronavirus crisis
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One start-up investor told companies to scrap 2020 forecasts get through quarter
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Leveraged Loans Blow Out. Distressed Corporate Debt Spikes
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The workers feeding America
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Senate Democrats block a trillion-dollar stimulus package and urge more aid for workers impacted by the new coronavirus outbreak Coronavirus stimulus bill fails in key Senate procedural vote Pelosi Pushes Forward with Her Own Bill Summary of the McConnell Bailout Bill The Bailout Cronyism and Corruption Have Already Begun Treasury's power over $500 billion loan program becomes key sticking point in coronavirus aid bill Here's a better way to get the economy through the coronavirus shutdown This time, small guys should get the bailouts Coronavirus reveals a hole in the dike Congress races to seal economic stimulus deal McConnell’s Rescue Package Expands But Democrats Not on Board McConnell Says Congress ‘Close’ on Virus Rescue Bill Mnuchin Sees Emergency Aid Package on Track for Monday Passage Congress is working on a massive coronavirus relief package — it might not be enough for businesses Democrats balk at $1,200 rebate checks in stimulus plan Senate struggles to finalize trillion-dollar stimulus bill as economic calamity grows Coronavirus Rescue Bill Moving Toward a Final Senate Vote Monday Senate Close to $1.6 Trillion Rescue Package Mnuchin, Schumer pushing GOP to expand stimulus in hill talks Hobbled IRS tax agency may need months to put cash into Americans' hands The aid package may include paychecks for suddenly jobless Americans, money for hospitals, and aid to industry Senate Republicans’ cash assistance plan is far too limited Coronavirus aid bill will include a one-time $3,000 payment for families and $4 trillion of liquidity for Fed to support the US economy: Mnuchin Fed Could Provide Massive Support for Business, States in Bill Fallout of '08 bailout looms over Washington negotiations
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Washington is About to Pick Which Companies Survive
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The government budget deficit is about to explode to fight the coronavirus
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Coronavirus reveals financial irresponsibility of Americans
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Many Americans' biggest worry right now is April 1 rent and mortgage payments
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World Bank moving forward on first $1.7 billion in pandemic aid projects
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Social Distancing Makes Sense Only With Extraordinary Fiscal Stimulus
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Your coronavirus rescue check from the government could wind up being taxed
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Can We Quit Bailing Out the Wealthiest?
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Virus Response Plan to Total About $2 Trillion, Kudlow Says
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Financing programs for businesses hit by the coronavirus could amount to $4 trillion, Mnuchin says
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House Democrats Want Trump Team’s Answers on Supply Shortages
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The fight over stock buybacks and corporate coronavirus bailouts, briefly explained
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List Of Coronavirus (COVID-19) Small Business Relief Programs
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China central bank calls for stepped-up global policy coordination
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The Private Goldman Sachs Coronavirus Meeting That’s Setting The Internet On Fire
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The unprecedented tsunami of unemployment insurance claims, explained
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Texas Unemployment Picture is Stark
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Whiplash: All at once, a steady US economy screeches to halt
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The coronavirus outbreak is exposing the devastating gaps between the rich and poor at a moment when America is primed for class warfare
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What Would Keynes Say Now?
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New sick leave law doesn't help workers who need it most
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Don’t worry, you’ll still get your Social Security, even with the coronavirus crisis
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Dire Dollar Shortage Shows World Failed to Fix Key Crisis Flaw
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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:

TX Sup. Ct Delays Evictions
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COVID-19 Foreclosure Bulletin
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Facing eviction as millions shelter in place
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New York will let some residents skip 3 months of mortgage payments as coronavirus spreads
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NAR: Existing-Home Sales Increased to 5.77 million in February Comments on February Existing Home Sales
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People Are Still Putting Their Mansions on the Market
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"Widespread Panic" Hits Commercial Property Markets: Deals Implode, Renters Disappear, Businesses Shut Down
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Real Estate Billionaire Barrack Says Commercial Mortgages on Brink of Collapse
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Mortgage Bond Sales Flood Market Amid Pleas for U.S. Help
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Municipalities:

Puerto Rican Debt and Force Majeure
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Puerto Rico oversight board to ask for delay in debt restructuring due to coronavirus
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Puerto Rico Board to Ask Court to Delay Debt Restructuring
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Fed expands emergency program to include muni funds after rout
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Video shows official confronting mayor over utility shut-offs amid coronavirus outbreak
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The Very Real Risk Of Insolvency: Stress-Testing Chicago’s Pensions
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Oil/Gas:

Oil moves lower, extending declines after worst week since 1991
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American Oil Drillers Were Hanging On by a Thread. Then Came the Virus.
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Indebted US oil companies, further strained as price collapse
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Six pipeline companies cut $1.9 billion from their 2020 budgets
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Oilfield Services, Drilling Sector Faces High Refi Risk, Weak Access to Capital Markets
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'Oil could head to $10 to $15 a barrel very quickly'
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What Happens If Oil Prices Go Negative?
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Not Even Higher Oil Prices Can Save U.S. Shale
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Oil tumbles after Russia raises output
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Texas Regulator To Trump: The ‘Appropriate Time’ To Intervene In Oil Markets Is Now
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Trump’s Ultimate Weapon To End The Oil War
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Russia: Gulf nations, not us, to blame for oil prices fall
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The Decline and Fall of the Gulf’s Oil Empire Is Looming
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US Shale Opens Talks with OPEC
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Shell Curbs Buyback, Cuts Spending Forecast
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Fewer Refineries Able to Get Biofuel Waivers Under Trump Plan
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Occidental Said to Near Deal With Icahn to End Boardroom Battle
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Offshore driller Valaris gears up for possible debt restructuring: sources
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Glut of Jet Fuel Is on Brink of Overwhelming Global Storage
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Oil Nations Scramble To Beat The Coronavirus
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Aviation:

Will the US government nationalize Boeing?
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The Future of Aviation is in Jeopardy
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'Time is running out': airline industry warns government
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Former American Airlines exec: $50B government infusion to the airline industry isn’t the answer
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Best way to bail out airlines hit by the coronavirus impact on their business is still up in the air
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Citi Agents $1B Credit Facility for American Airlines
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United Restarts Some International Flights
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JetBlue cuts schedule to essential flights as coronavirus spreads
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Aviation Isn’t Just Airlines. Coronavirus Doesn’t Discriminate, Neither Should Regulators
(DBN)

Here's what it's like to fly on a ghost plane during the outbreak.
(DBN)

Beyond lack of masks and coronavirus tests, FAA says it's short on cleaning supplies
(DBN)

Boeing halts dividend, share buyback program amid coronavirus pandemic
(DBN)

US airlines warn of 'draconian' steps if Congress fails to help
(DBN)

Norway’s Government Rescues Norwegian With $543 Million Loan Guarantee—But Is It Enough? Norwegian air rescue highlights dilemmas for governments
(DBN)

Once the pandemic is over, we will return to a very different airline industry
(DBN)

Russian airlines risk bankruptcy over pandemic: government
(DBN)

Emirates Airline will suspend the majority of flights by March 25
(DBN)

Emirates Is Grounded, and Global Aviation With It
(DBN)

U.K. Airline Bailout in Flux With Range of Steps Under Review
(DBN)

Airlines tell Congress they need $29 billion of coronavirus aid in grants to avoid furloughs Airlines appear to come up short in bid to win cash grants in rescue package
(DBN)

The past 2 decades saw the number of major airlines in the US cut in half. See how consolidation in the 2000s left customers with fewer options as profits soared.
(DBN)

New York-Area Flights Delayed as Virus Strikes FAA Facility
(DBN)

Ethiopian Airlines Losses From Coronavirus Reach $190 Million
(DBN)

Oman Air to Cut Staff after Virus Hits Airline as ‘Never Before’
(DBN)

Air Canada lays off over 5,000 flight attendants amid virus pandemic
(DBN)

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Cannabis:

Coronavirus: Forget toilet paper - shoppers in the Netherlands are panic-buying weed
(DBN)

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Festivals:

Stratford Festival is the swan in the coal mine for COVID-19’s impact on the arts
(DBN)

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Skiing:

Former club members win Hermitage with $8M bid
(DBN)

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Tech:

Streaming Apps Suddenly Face the Coronavirus Test
(DBN)

From Netflix Party to Zoom: The internet apps getting us through quarantine
(DBN)

Why Zoom has become the darling of remote workers during the COVID-19 crisis
(DBN)

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Retailing:

Who Are The Most Vulnerable Public Retailers During The Coronavirus Shutdown?
(DBN)

Starbucks closes most stores in U.S. and Canada for two weeks
(DBN)

Distressed retailers struggled with falling sales for years — and then came coronavirus
(DBN)

Retailers brace for the impact of coronavirus
(DBN)

These 28 retailers could go bankrupt in the next year
(DBN)

What The Coronavirus Is Doing To Our Malls
(DBN)

Best Buy shifts stores to curbside pickup only as demand surges for home office equipment
(DBN)

Laura Ashley to shut 70 stores, appoints administrators
(DBN)

Primark to Cancel All Supplier Orders, Sunday Times Reports
(DBN)

Best Buy Withdraws Fiscal 2021 Guidance, Suspends Buybacks
(DBN)

Amazon raises overtime pay for warehouse workers
(DBN)

Amazon’s Bezos Tells Workers Coronavirus Will ‘Get Worse’
(DBN)

Grocery Store Clerks: Emergency Responders
(DBN)

John Lewis to Close All 50 Stores Temporarily From March 23
(DBN)

H&M Closes U.K. Stores for Two Weeks Due to Coronavirus
(DBN)

As Washington Fiddles - Retail Burns
(DBN)

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Sports:

IOC Inches Ever Closer to Postponing the 2020 Games in Tokyo Canada Pulls Out of 2020 Olympics
(DBN)

Half of French clubs 'face bankruptcy' after virus, says top boss
(DBN)

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Climate:

Warmest Oceans Ever Force Tuna Titan to Start Protecting Fish
(DBN)

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Sports:

Tokyo Olympics seem sure to happen -- but in 2021, not 2020
(DBN)

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Fraud:

Justice Department brings first fraud case stemming from coronavirus crisis
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (8 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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:

Bankruptcy Filings Are Tiptoeing Higher. What’s Next?
(DBN)

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Equity:

Code-Based Courts and Equity Powers
(DBN)

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UST:

UST Seeks AUST In FL
(DBN)

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Corporate Governance:

Commercial Division Holds that Imposition of Direct Liability on Directors Who Oversaw Fraudulent Conveyance Requires Piercing the Corporate Veil
(DBN)

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Miscellaneous:

Rochelle
(DBN)

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Politics:

Watch how President Donald Trump’s stance on coronavirus pandemic has evolved since first US COVID-19 case
(DBN)

Fauci on contradicting Trump: "I just want to get the facts out" Fauci's Plan to Stay Honest It’s ‘premature’ to say if US has failed in its pandemic preparedness, Fauci says
(DBN)

Gulf grows between Trump, officials on front lines
(DBN)

Governors across the nation slam federal coronavirus response: ‘We didn’t take this seriously’ Illinois Gov. Pritzker mocks Trump’s coronavirus efforts
(DBN)

Lou Dobbs Said Media Hyped Coronavirus. Now He’s in Quarantine.
(DBN)

In pro-Trump West Virginia, a fight to convince residents a pandemic is coming
(DBN)

Hannity claims he’s “never called the virus a hoax” 9 days after decrying Democrats’ “new hoax”
(DBN)

Sen. Rand Paul Tests Positive Kentucky Sen. Rand Paul has tested positive for COVID-19. Here are all the members of Congress who have been infected with the novel coronavirus
(DBN)

Americans see Trump's virus response through partisan lens
(DBN)

Trump Admits He May Need a Bailout Too Trump Says His Businesses Hurting From Virus’s Economic Fallout Trump: ‘I don’t know’ if my businesses will receive coronavirus assistance
(DBN)

Democrats sound the alarm on Joe Biden's young voter problem
(DBN)

What GOP Insiders Are Saying About Trump and the Coronavirus Crisis
(DBN)

Four senators dumped millions in stocks while Capitol Hill was being briefed on the coronavirus threat but before markets started tanking GOP Senator Kelly Loeffler Denies Any Knowledge of Insider Stock Trading Sen. Loeffler Says She Would Be ‘Happy’ to Answer ‘All Questions’ About Controversial Stock Dump US senators accused of coronavirus insider trading are a symbol of moral bankruptcy Senators allegedly dumping stock as the market tanks is why some people think senators shouldn’t own stock Tucker Carlson demands a Republican senator either explain his stock sell-off or resign It Should Terrify You That Senators Are Dumb Enough To Think No One Would Notice Them Dumping Their Stocks GOP Senator Investigating Hunter Biden Sold Stake in Co. Before Market Crash, Says Sale Unrelated to COVID-19
(DBN)

Can Trump cancel the November election?
(DBN)

Trump Insists Coronavirus Testing ‘Going Very Well’
(DBN)

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Sports:

2020 Olympics Must Wait until Coronavirus Is "Under Control Worldwide"
(DBN)

Canterbury Rugby Club say they may go bankrupt as RFU end season early
(DBN)

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Education:

‘It’s very isolating’: Students struggle to adapt as colleges move to remote learning indefinitely
(DBN)

Teachers find many obstacles as they try to keep kids learning amid coronavirus
(DBN)

____________

Autos:

VW CEO warns factory closures may drag on for weeks
(DBN)

Musk, Medtronic discuss ventilators amid coronavirus outbreak
(DBN)

Germany Asks Carmakers to Produce Medical Gear for Virus Fight
(DBN)

Tesla suspends production after days of fighting with authorities
(DBN)

Renault Board Meets to Discuss Coronavirus
(DBN)

How COVID-19 Could Bankrupt Tesla
(DBN)

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Defense:

Coronavirus is infecting the weakest link in our defense industrial base
(DBN)

The coronavirus has spread to at least a dozen US Navy sailors serving aboard ships in San Diego
(DBN)

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Entertainment:

Producer, actors lose appeal in Weinstein Co. bankruptcy
(DBN)

Hollywood Seeks Government Help Amid Coronavirus Shutdowns, but Industry Bailout Unlikely
(DBN)

Theater Owners Chief to Congress: Pass Coronavirus Rescue Bill or We Go Bankrupt
(DBN)

Christoper Nolan Makes the Case for Saving Movie Theaters
(DBN)

How coronavirus could permanently change the movie industry
(DBN)

Drive-in theaters report uptick in business amid coronavirus
(DBN)

Disney Has Raised $6 Billion With New Debt Offering
(DBN)

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Utilities:

Biggest Utility Bankruptcy in U.S. History Is Nearing an End PG&E Reaches Agreement With Governor, Clearing Bankruptcy Hurdle PG&E Glides Toward Bankruptcy Exit Now That State Is Focused on Virus
(DBN)

PG&E Agrees To Forgo Dividends For 3 Yrs Post-Bankruptcy
(DBN)

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Aerospace:

Amid bankruptcy reports, OneWeb plans launch of 34 more satellites
(DBN)

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Student Debt:

Borrowers can pause their student-loan debt payments for two months, Trump says Federal student loan payments suspended with no interest during COVID-19 pandemic
(DBN)

A Tortuous History: The Student Loan Exception to Discharge
(DBN)

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Celebs:

Dog The Bounty Hunter reveals he’s shutting down shop over coronavirus fears amid money woes
(DBN)

____________

Private Equity:

Buyer Beware! First Circuit Declines to Hold Purchaser Private Equity Fund Liable for Pension Plan Liabilities but Risks Remain
(DBN)

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Tourism:

Severe economic shocks from coronavirus being felt in Hawaii
(DBN)

____________

UK:

U.K. government to pay up to 80% of wages in ‘economic fight-back’ against coronavirus as pubs are forced to close
(DBN)

The UK's biggest grocery store chain is hiring 20,000 workers as it grapples with a surge in demand
(DBN)

U.K. Steps in to Save Railways as Johnson Warns of Lockdown
(DBN)

Further detail about the financial support measures available to UK businesses Updated: How do businesses access financial support in the UK?
(DBN)

The UK has 2 weeks to stop a coronavirus outbreak as bad as Italy's
(DBN)

Coronavirus Hits ITV as Programming Budget Cut by $116 Million
(DBN)

'Stay at home' to avoid coronavirus, UK government tells vulnerable
(DBN)

Boris Johnson: Coronavirus outbreak in U.K. is only weeks behind Italy
(DBN)

U.K. Warns of Further Crackdown If Britons Ignore Virus Advice
(DBN)

Cath Kidston races to find buyer as COVID-19 haunts retailers
(DBN)

Scottish bankruptcy body suspends evictions
(DBN)

A new survey says a third of Suffolk business could go bust due to coronavirus
(DBN)

Johnson Warns That National Health Service Could Be Overwhelmed
(DBN)

U.K. FCA Will Request Delay in Preliminary Financial Statements
(DBN)

____________

EU:

Europe Is About to Get First Glimpse at Virus Economic Damage
(DBN)

Corporate debt burdens threaten economic recovery after COVID-19: Planning for debt restructuring should start now
(DBN)

Merkel in Quarantine at Home After Contact With Infected Doctor
(DBN)

Europe scrambles for supplies as cases surge
(DBN)

____________

PIIGS:

Italy Shuts Even More Businesses Italy Shuts Down Almost All Industrial Production for 15 Days Italy Coronavirus Deaths Rise by Record 793 to 4,825 Italy Pleads With EU to Let Truckers Continue Delivering Freight Italy Bans Movements Inside Country Following Industry Shutdown Italy to Start Production Shutdown as Deeper Recession Looms
(DBN)

Spain to Seek 15-day State of Emergency Extension, El Pais Says
(DBN)

Spain’s Coronavirus Outbreak to Worsen in Next Days, PM Warns
(DBN)

Greece to Impose Lockdown to Contain Spread of Coronavirus
(DBN)

____________

Canada:

COVID-stricken restaurants realizing take-out orders won't cut it Restaurants seek gov't help to stay afloat amid COVID-19 shutdowns
(DBN)

Trudeau Sees Potentially Months of Disruption From Coronavirus
(DBN)

Canada not at the point of declaring a federal emergency over COVID-19: Trudeau
(DBN)

Trudeau Has Deal With Airlines to Bring Stranded Canadians Home
(DBN)

'Atomic' jobless bomb forces Canada to confront scale of crisis
(DBN)

Canada beefs up liquidity plan with expanded mortgage guarantee
(DBN)

Toyota extends Canadian plant closures after employee tests positive for COVID-19
(DBN)

____________

Asia:

Coronavirus threatens $32tn of Asia corporate debt
(DBN)

____________

China:

China reports a spike in imported coronavirus cases as students and expats flock home, threatening the country's road to recovery
(DBN)

Chinese Home Sales Point to Tentative Recovery After Collapse
(DBN)

China’s Economy to Return Fast to Potential Growth, PBOC Says
(DBN)

Coronavirus hits China’s economy twice as financial contagion spreads across the globe
(DBN)

China Talks Up Post-Virus Rebound as World Economy Shuts Down
(DBN)

Coronavirus Pandemic Changes Forever The U.S.-China Relationship
(DBN)

____________

Belgium:

Coronavirus: 1 in 4 Belgian companies in danger of bankruptcy
(DBN)

____________

Australia:

'Avalanche' of insolvencies will force law change
(DBN)

Get out of gaol free – Australian Government announces temporary changes to insolvency laws in response to novel coronavirus outbreak
(DBN)

Australia Edges Closer to Lockdown as Pubs, Restaurants Closed
(DBN)

Government announces temporary relief from insolvent trading, statutory demands and bankruptcy notices
(DBN)

Economic response to coronavirus: changes to bankruptcy law
(DBN)

Here's everything in the government's $66 billion second coronavirus stimulus package
(DBN)

Australia’s NSW State to Shut Down Non-Essential Services
(DBN)

What directors in Australia should do when faced with financial difficulties
(DBN)

____________

Germany:

Germany Expects GDP to Shrink by 5% This Year, Bild Says
(DBN)

German Gloom Deepens With Harsh Recession, Lockdown Looming
(DBN)

Germany Lines Up $370 Billion Borrowing Binge in Virus Fight
(DBN)

Germany to spend extra €122.5bn to counter coronavirus slump
(DBN)

Germany to Ban Gatherings of More Than Two People Nationwide
(DBN)

____________

Venezuela:

Venezuela to Close Pumps as Gas Runs Short, Viral Outbreak Grows
(DBN)

____________

Singapore:

Singapore to Bar Short-Term Visitors From Entering, Transiting
(DBN)

____________

Philippines:

Philippines Congress to Prepare $3.93 Billion Stimulus Package
(DBN)

____________

Brazil:

Brazil’s Biggest State Is Set to Begin Quarantine to Slow Virus
(DBN)

Brazilian Firms Close Stores, Delay Earnings as Virus Spreads
(DBN)

____________

Africa:

Coronavirus Slowing Desert Locust Response in East Africa
(DBN)

Uganda to Close Borders After Reporting First Virus Infection
(DBN)

____________

India:

India Suspends Rail Services That Ferry 20 Million to Halt Virus India halts its lifeblood train network to try to stop virus
(DBN)

Debt-ridden Anil Ambani Has to Pay $100 Million in London by End of Day
(DBN)

____________

Vietnam:

Vietnam Extends Suspension for Foreigners Entering Country
(DBN)

____________

New Zealand:

New Zealand Starts Quantitative Easing to Support Economy
(DBN)

____________

Hong Kong:

Hong Kong Bans All Non-Resident Arrivals for 14 Days
(DBN)

____________

MENA:

Israel Puts Stricter Virus Measures in Place as Cases Balloon Israel PM Orders Up Economic, Aid Plan Within Days
(DBN)

Qatar Sets Up Checkpoints, Bans Gatherings Amid Virus Spread
(DBN)

U.A.E. Boosts Stimulus to $34 Billion to Fend off Virus Impact
(DBN)

UAE urges public to stay at home, arrests European national for flouting bans on his Instagram
(DBN)

Saudi Arabia announces $32 billion in emergency funds to mitigate oil, coronavirus impact
(DBN)

Dubai Delays One of World’s Richest Horse Races on Virus Concern
(DBN)

UAE hospitality industry needs a lifeline
(DBN)

FM urges world to write off Pakistan’s loans
(DBN)

Ruling on Lebanon Debt Insurance Paves Way for $400m Payout
(DBN)

____________

Mexico:

The US and Mexico will temporarily close their border
(DBN)

____________

Thailand:

Thailand Has 188 New Coronavirus Cases, Biggest One-Day Gain
(DBN)

____________

Sweden:

Sweden Prime Minister Says Prepare for More Restrictive Policies
(DBN)

____________

Malaysia:

Malaysia Growth Seen as Low as 2% on ‘Triple Whammy’ of Troubles
(DBN)

____________

Indonesia:

Indonesia Restricts Public Gatherings to Control Virus Outbreak
(DBN)

____________

Switzerland:

COVID-19: New ordinance on the nationwide suspension of debt enforcement
(DBN)

____________

Argentina:

Agitating bondholders press Argentina to step up efforts
(DBN)

____________


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