May 14, 2020

The Daily Bankruptcy News

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Law:

Biglaw Chair On What It Takes To Weather The COVID-19 Storm Without Layoffs Or Salary Cuts
(DBN)

Associates Stressed About Job Security Amid Pandemic, Study Says
(DBN)

The Legal Industry's Existential Doubts Go Beyond the Coronavirus
(DBN)

Partner Pay Cuts Could Reach Richest Firms if Recovery Drags
(DBN)

From the COVID19-Bunker: Vinson & Elkins' Harry Reasoner Is Not Optimistic
(DBN)

After a Strong First Quarter, Citi Says Firms Are Focused on Cash Flow
(DBN)

Am Law 50 Firm Slashes Associate Salaries Indefinitely
(DBN)

Perkins Coie Cuts Pay for Lawyers and Staff, Prepares for 'Transformational' Shift in Economy
(DBN)

Why Didn’t Biglaw Firms Lower Salaries During The Great Recession?
(DBN)

Megafirm Slashes Salaries Firmwide, Furloughing Some And Laying Off Others
(DBN)

Law Firm Office Reopening Guidance: Wear Masks and Take Attendance
(DBN)

New York State Bar Releases Law Firm Reopening Plan
(DBN)

Brouse McDowell's Bankruptcy Practice Welcomes Two New Attorneys
(DBN)

Just How Big Of A Deal Is The Biglaw Equity Partnership?
(DBN)

In apparent struggle with gunman, lawyer ‘died a hero,’ says chief magistrate judge
(DBN)

19 tips for writing an excellent subject line so your email gets read
(DBN)

Concert billed as first live show in pandemic ordered by Arkansas to cease and desist - Gov: "You can’t just arbitrarily determine when the restrictions are lifted" Concert Promoter Adds Second Socially-Distant Show to Governor’s Dismay
(DBN)

Michigan: rightwing militia groups to protest stay-at-home orders
(DBN)

Forced Quarantines Are Not the American Way
(DBN)

Virus restrictions fuel anti-government 'boogaloo' movement
(DBN)

Tensions over restrictions spark violence, defiance among protesters
(DBN)

The partisan culture war over masks ‘Set an example’: Sen. Doug Jones scolds GOP colleagues for not wearing masks Police in Texas investigating man's 'threatening' Facebook post about Whole Foods mask rule
(DBN)

Port of Seattle officer's post about not enforcing stay-home orders goes viral
(DBN)

Why Elon Musk disobeyed government orders and reopened a Tesla factory Elon Musk already restarted Tesla production. Now the county says it's allowed next week.
(DBN)

Wisconsin Supreme Court Overturns The State's Stay-At-Home Orders
(DBN)

Michigan strikes back by suspending elderly barber's license
(DBN)

Boogaloo Extremists Protest Lockdowns
(DBN)

Face mask rules grow but enforcement proves a challenge
(DBN)

Police Arrest Man Who Allegedly Threatened Pennsylvania Governor Over Shutdown Order
(DBN)

Ransomware Attack Shuts Down Rock and Roll’s Largest Law Firm, Hackers Grab 756 GB of Stars’ Info NYC attorney to likes of Lady Gaga, Elton John hacked, files held for $21M ransom
(DBN)

Paul Manafort released to home confinement amid coronavirus threat in prison
(DBN)

Attorney General William Barr and the Rule of Law Barr Under Fire From DOJ Alumni as Flynn Case Prompts Calls to Resign Flynn case boosts Trump's bid to undo Russia probe narrative Former US attorney on judge's 'outrageous' decision in Flynn case: I thought I'd 'seen everything' Federal Judge Orders Arguments on Whether Michael Flynn Should Be Jailed for Perjury Court Appoints Retired Judge To Oppose Justice Department In Michael Flynn Case Flynn's Lawyers Argue 'No Further Delay' as Judge Opens Door to Barr Criticism
(DBN)

Here's the Lawyer Who Leaked the Ahmaud Arbery Shooting Video Justice for Ahmaud Arbery Petition Surpasses 900,000 Signatures Ahmaud Arbery may have had previous run-in with alleged killers Troubled Past Emerges Of Georgia Police Department That Led Arbery Shooting Case
(DBN)

The US House’s Supreme Court defense of its Trump investigation was a disaster RBG Immediately Went There, Asked Trump Lawyer How Whitewater and Watergate Were Different from Tax Return Case Will the Supreme Court crown Trump king? Supreme Court arguments on Trump financial subpoenas suggest differing outcomes in the cases People Had Some Thoughts After Sotomayor Raised Sexual Harassment Hypothetical in Trump Tax Case
(DBN)

A Tesla owner thwarted an attempted carjacking by remotely locking the suspect inside his Model 3, police say
(DBN)

US officials prepare for ‘unprecedented’ migrant crisis caused by coronavirus: report
(DBN)

Judges question slow response to coronavirus in federal prisons After COVID-19 suit, judge orders Danbury prison to move fast on inmates' release
(DBN)

They’re trapped, and the killer virus knows where to find them
(DBN)

Woman killed state Sen. Linda Collins before plotting hits on judge, prosecutor: reports
(DBN)

Authorities discover 6-year-old Texas boy locked in shed with hands bound — he hasn’t been allowed in the house since school let out in March
(DBN)

Florida Landlord Sets Tenant’s Home On Fire Following Argument Over Stolen Towel
(DBN)

5-year-old boy shoots brother to death after finding gun he thinks is a toy in the woods
(DBN)

Lawyer is suspended for giving client’s business a bad review in ‘good for the gander’ retaliation
(DBN)

FBI serves warrant on senator in investigation of stock sales linked to coronavirus
(DBN)

McConnell measure would let FBI see web-browsing history without warrant
(DBN)

FL: Sgt. Fired for Hiding in Massacre Reinstated
(DBN)

‘BOOM SHAKALAKA’ Is Not Response to Bar Complaint, Court Says
(DBN)

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Judges:

Supreme Court wraps up remote arguments with cases over Electoral College members
(DBN)

Federal Circuit Hearing More Arguments by Phone, Canceling Fewer
(DBN)

New York State Unveils Plans for Reopening Its Upstate Courts
(DBN)

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Wall Street:

Stock futures stall in volatile session as Wall Street tries to stem the latest wave of selling
(DBN)

Global stocks slide after Fed chief warns of a slow recovery and Trump fans US-China tensions
(DBN)

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.17%
(DBN)

The stock market is trading at its highest valuation in 18 years, shrugging off skyrocketing unemployment claims and economic ruin
(DBN)

Trump alleges 'rich guys' intentionally talk the stock market lower for short-position profits
(DBN)

Top Wall Street firms are getting increasingly worried corporate stock buybacks are drying up just when the market needs them most
(DBN)

Wall Street bonuses set to fall by as much as 30% in 2020: report
(DBN)

Traders’ Pay Outlook Brightens, If They Survived Latest Job Cuts
(DBN)

Wall Street Heavyweights Are Sounding Alarm About Stock Prices
(DBN)

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Layoffs:

Clean energy lost nearly half a million US jobs in April alone
(DBN)

Condé Nast to Lay Off About 100 Employees, Furlough Another 100
(DBN)

Hundreds of out-of-work bus drivers are descending upon Washington, D.C. to demand a bailout
(DBN)

Many Layoffs Will End Up Permanent
(DBN)

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Food/Beverage:

'It's life or death': Worker unrest, a shifting America, and internal tensions amid the coronavirus outbreak could forever change McDonald's
(DBN)

What Doesn't Kill Fast Food Makes It Stronger
(DBN)

Scary coronavirus experiment shows how easily the virus spreads in restaurants
(DBN)

Amazon is opening more 'dark' Whole Foods stores as online grocery orders surge and workers worry about rising infections
(DBN)

Sandwich chain Potbelly says it may close up to 100 locations that were struggling even before the coronavirus hit
(DBN)

Chef Will Fill His Socially Distanced Dining Room With Midcentury Mannequins
(DBN)

There’s Plenty of Meat in America — For Those Who Can Afford It
(DBN)

Restaurants Are Rebounding -- At Least Those With Carryout
(DBN)

As Hunger Spreads With Coronavirus Pandemic, Government Takes Timid Steps
(DBN)

Infections Weren't Reported in Packing Plants
(DBN)

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Climate:

A hurricane or wildfire will likely hit while the US is still fighting the coronavirus, compounding both disasters. Officials are preparing now.
(DBN)

Sea levels could rise as much 4 feet by 2100 and 16 feet by 2300, scientists warn
(DBN)

Newsom on upcoming wildfire season: 'The hots are getting hotter, the dries are getting drier'
(DBN)

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Autos:

Tesla is reportedly reopening its Nevada Gigafactory after it went against local rules to restart production in California Elon Musk sent a thank-you note to Tesla's workers returning to work — but some employees fear for their jobs if they don't go back
(DBN)

Auto Sales Surprisingly Resilient
(DBN)

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Education:

College students would attend class in fall even without vaccine
(DBN)

The Crisis on Campus Is Here To Stay
(DBN)

Harvard Medical School Moves Fall Semester Online for First-Year Students
(DBN)

Saturday classes? Schools mull ways to make up lost time
(DBN)

Somber warnings temper hopes about a fall return to school -- and normalcy
(DBN)

NYC Schools Step Toward Opening With Pre-School Invitations
(DBN)

1918 flu pandemic meant little at-home learning
(DBN)

How Betsy DeVos's handling of relief funds hurt some of the country's neediest schools, students
(DBN)

Lessons from around the world: How schools are opening up after COVID-19 lockdowns
(DBN)

Heartbreaking photo shows kids playing in isolation as France reopens schools
(DBN)

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Healthcare:

Coronavirus likely forced 27 million off their health insurance
(DBN)

Fauci Says U.S. Death Toll Is Likely Higher. Other COVID-19 Stats Need Adjusting, Too
(DBN)

How To Make Sense of All The COVID-19 Projections? A New Model Combines Them Facebook Twitter Flipboard Email
(DBN)

Tracking The Pandemic: How Quickly Is The Coronavirus Spreading State By State?
(DBN)

Covid-19 Is Causing More Than One Health Crisis
(DBN)

Doctors in Italian hospital report "30-fold" jump in kids with inflammatory symptoms
(DBN)

False Negatives Raise More Questions About Virus Test Accuracy
(DBN)

Covid-19, financial distress and the struggle to stay off the critical list: One hospital's story
(DBN)

It Will Be Needlessly Hard to Get a Coronavirus Vaccination in the U.S.
(DBN)

Officials say outbreak at Harbor Beach hospital likely inevitable
(DBN)

Germany and South Korea excelled at Covid-19 containment. It still came back.
(DBN)

WHO’s chief scientist offers bleak assessment of challenges ahead WHO says no current coronavirus treatments can kill or stop the virus
(DBN)

Texas sees 1,000 new coronavirus cases 5 days in a row
(DBN)

High-risk states are seeing fewer new coronavirus cases
(DBN)

The Trump administration is lifting restrictions that prevented foreign doctors from fighting coronavirus
(DBN)

Ousted vaccine chief to warn "window of opportunity is closing" for virus response
(DBN)

If 80% of Americans Wore Masks, COVID-19 Infections Would Plummet, New Study Says
(DBN)

Coronavirus app finds loss of taste and smell may be better indicators than fever, cough: study
(DBN)

At least 300,000 Africans expected to die in pandemic: U.N. agency
(DBN)

‘We may have to rethink the toilet seat altogether’: How the coronavirus could change bathrooms for the better
(DBN)

More Americans turning to drugs and alcohol as coronavirus stress rises, survey shows
(DBN)

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Telecoms:

DHS to advise telecom firms on preventing 5G cell tower attacks linked to coronavirus conspiracy theories
(DBN)

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Summer Camps:

After a draining spring, parents face the prospect of a summer without a lifeline: Camp
(DBN)

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Resorts:

White Pines Resort files bankruptcy, announces closure after 80 years
(DBN)

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Fashion:

Fashionista’s Guide to Bankruptcy: What Every Designer Needs to Know to be Protected in Times of Economic Uncertainty
(DBN)

Protecting Your Inventory and Getting Paid
(DBN)

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Concerts:

Hollywood Bowl cancels summer concerts due to virus
(DBN)

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Media:

U.S. lawmakers renew push to grant assistance to local news outlets
(DBN)

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Economy:

Americans don't realize that coronavirus recovery may take months
(DBN)

U.S. Producer Prices Fall From Year Ago by Most Since 2015
(DBN)

Goldman Sachs issues warning about US unemployment
(DBN)

6 Misery Measures At Historic Peaks
(DBN)

Bass: Prepare for a US Depression
(DBN)

Lenders Race to Keep Up With Requests for Consumer-Debt Relief
(DBN)

With Fed's encouragement, corporations accelerate debt binge in hopes of riding out pandemic
(DBN)

Fed Chair Powell says more action may be needed to fend off economic ruin Fed chair warns of long, painful downturn if Congress does not provide more economic relief Fiscal stimulus ‘worth it’ to tackle pandemic, says Fed chief Fed Chair Powell: Current Economic Issues "May require additional policy measures"
(DBN)

Fed Chair Powell: 40% of households making less than $40,000 a year lost a job in March
(DBN)

Powell warns of a possible sustained recession from pandemic
(DBN)

'Not paid later; forgiveness': Joe Biden calls for rent and mortgage payments to be canceled amid the pandemic
(DBN)

Accusations of socialism have lost their bite
(DBN)

Spending and Deficit Set All-Time Records
(DBN)

Fed chief has no time to worry about U.S. debt during wartime
(DBN)

Pelosi defends $3 trillion relief bill: "The American people are worth it" Massive House Bill Has Seeds for Compromise on Next Stimulus Democratic proposal includes new stimulus payments of up to $6,000 for families Democrats Included Two Deeply Polarizing Proposals In $3 Trillion Stimulus Proposal
(DBN)

Republican Deficit Hawking Is About to Backfire Democrats accuse Republicans of 'bad faith' as they invoke national debt to pause pandemic aid
(DBN)

Pandemic stimulus debt will ‘come back to haunt us’, warns OECD
(DBN)

Stimulus Is ‘Infinite,’ Mike Mayo Says After Gary Cohn Meeting
(DBN)

So-Called Rich Guy Warns Real Americans To Ignore The Other So-Called Rich Guys
(DBN)

The Fed won't use negative interest rates to counteract the coronavirus recession, chairman Jerome Powell says Powell Slams Door on Trump's Negative Rates ‘Gift’ Powell not weighing negative rates now, but leaves them on table Traders Maintain Negative-Rate Bets as Powell Vows to Use Tools The benefits of a negative US interest rate may outweigh the costs, JPMorgan says Bank Stocks Sputter Even After Powell Downplays Negative Rates Negative Rates Bets Are Going Global in Snub to Central Bankers Goldman Sachs says a second wave of coronavirus could make Fed rethink negative rates
(DBN)

Fed chair Powell warns of "lasting" economic damage without more stimulus
(DBN)

Democrats’ $3 trillion opening bid for the next stimulus package, explained
(DBN)

Billionaire investor Stanley Druckenmiller says the stock market's risk-reward is the worst he's ever seen — and downplays the Fed's ability to rescue the economy
(DBN)

The Trump administration ignored parts of a detailed CDC plan for reopening the US that was designed to avoid a 2nd wave of coronavirus infections CDC and White House not on same page for coronavirus reopening, document shows White House ‘buried’ CDC plan warning against any summer vacation travel to avoid second wave of infections Trump deepens rift with top doctor Fauci on US reopening Trump Accuses Dr. Fauci Of Wanting To 'Play All Sides' On Reopening Kushner Admits Reopening Risk Jared Kushner says that after the country reopens 'it will be very hard for America to ever lock down again' Trump Is Under Growing Pressure From His Allies to Sideline Dr. Fauci Fauci’s Senate testimony debunked a number of Trump’s favorite coronavirus lies California Gov. Newsom Issues Guidelines for Reopening Restaurants Virus spikes could emerge weeks after US economic reopenings Experts’ 7 best ideas on how to beat Covid-19 and save the economy Poll: Prominent governors who want to reopen quickly aren’t so popular MGM Resorts Unveils Reopening Plan for Las Vegas Casinos, Hotels Americans' expectations for safe public gatherings slip to July at the earliest DC extends stay-at-home order to June 8 Fourth N.Y. Area Set to Reopen; More Elective Surgeries Allowed Cellphone Data Shows 25 Million More Americans Left Home Last Week Compared to Height of Lockdown N.J. Will Allow Retail Pickup, Construction Starting May 18 Los Angeles County beaches reopen in a coronavirus milestone Whistleblower: US could face virus rebound ‘darkest winter’ Rick Bright will warn Congress of 'darkest winter in modern history' without ramped up coronavirus response These States May Already Be Doomed for a Second Lockdown 'LA will never be completely open until we have a cure': Mayor Eric Garcetti sends terrifying warning Black Leaders In Virginia To Gov. Northam: It's Too Soon To Reopen De Blasio announces 12 more miles of NYC street closures 18 Counties In California Set To Further Relax Coronavirus Restrictions As Illinois starts reopening, fears grow about new coronavirus spikes
(DBN)

The CEO of world's biggest shipping company warned of the 'biggest drop in demand on record' as coronavirus batters global trade
(DBN)

The pandemic broke America
(DBN)

SBA Backs Off Legal Threat Against Firms That Didn’t Need Loans
(DBN)

Aspen Institute think tank with $115M endowment receives $8 million federal small-business loan
(DBN)

The American unemployment system is broken by design
(DBN)

Incomes have crashed. How much has unemployment insurance helped?
(DBN)

Gig worker says he spends hours each day trying to reach state's unemployment office
(DBN)

Coronavirus could be a fork in the road for the global energy system
(DBN)

The US and China are on the brink of a new Cold War that could devastate the global economy The "new Cold War" started in Beijing
(DBN)

Your job is never going to be the same again
(DBN)

Your Boss Is Watching You: Work-From-Home Boom Leads To More Surveillance
(DBN)

How Coronavirus Could Make People Move
(DBN)

Taibbi: Bailouts Again Rescue Wall Street
(DBN)

Policymakers need to rethink the way we measure economic success in America, according to Clinton and Obama's chief economic adviser Gene Sperling
(DBN)

Six Ways the Coronavirus Will Make Inequality Worse
(DBN)

Middle-Market Loan Defaults May Jump to 10% Amid Shutdowns
(DBN)

Coronavirus has destroyed wage rise predictions, but it has also given the government an easy excuse
(DBN)

To save their neighborhood small businesses, people are rebelling against delivery apps
(DBN)

UN issues dire economic report as WHO warns coronavirus "may never go away"
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

US property investors braced for rise in delinquencies
(DBN)

Fannie and Freddie: REO inventory declined in Q1, Down 20% Year-over-year
(DBN)

Houston Real Estate in April: Sales Down 21.6% YoY, Inventory Unchanged YoY
(DBN)

Next Big Shoe to Drop: Housing
(DBN)

Mortgage Delinquencies Increased in 1Q 2020
(DBN)

Democrats propose $100 billion for struggling renters. It may not be enough.
(DBN)

The most affordable small town in each US state if you're looking to escape a big city
(DBN)

As Summer Nears, the Hamptons Face a ‘Feeding Frenzy’
(DBN)

Companies explore suburbs as social distancing complicates return to NYC
(DBN)

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Municipalities:

Jefferson County Bankruptcy Foreshadows Fate of Cities in Crisis
(DBN)

States Don’t Need Coronavirus Relief — Yet
(DBN)

Republicans divided over how to help states hit hard by coronavirus Republicans brawl over coronavirus aid to states
(DBN)

N.J. Revenue Said to Drop 60% in April in Unprecedented Decline
(DBN)

Michigan to Cut Hours for 31,000 Workers to Cope With Budget Hit
(DBN)

De Blasio hails House stimulus package that would give NYC $17B
(DBN)

California governor looks to plug $54 billion budget hole
(DBN)

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Oil/Gas:

California Resources in talks for up to $600 million bankruptcy loan California Resources Warns It May Collapse After Oil Crash
(DBN)

A resurgence of Covid-19 cases will have ‘major consequences’ for oil, IEA warns
(DBN)

Hornbeck Offshore Announces Launch Of Solicitation Of Votes On Comprehensive Prepackaged Restructuring Transaction With The Support Of The Requisite Majorities Of The Voting Creditors In-Hand
(DBN)

OPEC said it expects oil demand to drop by 9 million barrels per day this year, a 33% increase from its last forecast OPEC’s View of Oil Market Darkens While Gulf States Cut Deeper
(DBN)

Saudi Arabia, Russia see oil recovery while cuts take effect
(DBN)

CFTC to warn on return to negative oil prices
(DBN)

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Politics:

Trump's plan to get through coronavirus comes straight from the Soviet playbook
(DBN)

Trump gets ally as ex-Navy pilot wins California House seat
(DBN)

Fauci Has Republicans Debating If He’s a Pandemic Hero or Villain Liz Cheney defends Fauci as Fox News hosts and Rand Paul attack him
(DBN)

GOP Wants New Virus Panel to Investigate WHO, China’s Actions
(DBN)

Donald Trump Trails Governors By Almost 30 Points in Coronavirus Poll
(DBN)

On the campaign trail, vulnerable Senate Republicans tout accomplishments, sidestep Trump mentions in ads
(DBN)

Biden video uses misleading edits to hype Trump's remarks to nurse
(DBN)

Trump Holds Advantage in Battlegrounds
(DBN)

Poll: Trump Ahead of Biden in 15 Key States
(DBN)

If the President Tests Positive for the Virus, What Happens?
(DBN)

Here's Where Donald Trump and Joe Biden Stand in Key 2020 Swing States
(DBN)

The “deep state” is real. But it’s not what Trump thinks it is.
(DBN)

Howard Stern says President Trump ‘hates’ his own supporters and it would be ‘extremely patriotic’ for him to step down
(DBN)

Experts sound alarms about security as states eye online voting
(DBN)

Supreme Court Grapples With Letting Presidential Electors Vote Freely Supreme Court justices fear “chaos” if members of the Electoral College can defy the popular vote
(DBN)

In Fla., felons must pay court debts before they can vote. But with no system to do so, many find it impossible.
(DBN)

Fox News is telling its employees to work from home for at least another month while its TV hosts push for businesses to reopen
(DBN)

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Retailing:

As retailers including J. Crew and Neiman Marcus file for bankruptcy, experts worry about skittish creditors and an overloaded bankruptcy court system
(DBN)

JCPenney gives executives bonuses ahead of deadline for possible bankruptcy filing Soltau And Team Taking $10 Million In Bonuses Out Of Sinking Penney
(DBN)

J.C. Penney Down to the Wire in Bankruptcy Talks
(DBN)

A Neiman Marcus creditor is calling for the bankrupt department store to merge with rival chain Saks Fifth Avenue Creditor Makes the Case for Selling Neiman’s to Saks
(DBN)

Lenders want Neiman Marcus CEO canned after bankruptcy plan
(DBN)

GNC warns of bankruptcy, store closings as sales plummet amid coronavirus
(DBN)

Sur La Table creditors signal doubts about the Seattle kitchenware retailer’s financial outlook
(DBN)

DIP Lenders’ Strings May Pose Concerns for Creditors
(DBN)

Amazon Is Extending Worker Raises Until May 30 to Meet Demand Amazon will drop its $2 pay raise for warehouse staff after May, and workers say it's too soon
(DBN)

Sorry, ma’am, that dress is in quarantine: How clothing stores are prepping for a strange new reality
(DBN)

Wayfair: Negative Equity, Losses, Cash Burn, High Leverage, Headwinds, And Bankruptcy Possible In 2021?
(DBN)

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Pharma:

Manhattan Bankruptcy Judge OKs Subpoenas for Sackler Family's Financial Records Sacklers’ Bank Records Can Be Part of State Probes, Judge Says
(DBN)

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Sports:

Arizona Gov. Says Professional Sports Will Return Imminently—Without Fans
(DBN)

Sports leagues are preparing for an era without fans
(DBN)

Temperature checks, virus tests part of PGA return
(DBN)

Florida’s DeSantis Courts Pro Teams: ‘Sports Are Welcome Here’
(DBN)

Mark Cuban: When we can all test like the White House does, I'll bring the Mavericks back
(DBN)

Can the N.B.A. Come Back, and Stay Back?
(DBN)

XFL aftermath: invalidated deals, Vince McMahon legal battle Vince McMahon Tries To Unseal Oliver Luck’s Termination Letter
(DBN)

Hope For College Sports In 2020 Takes A Hit With California State Universities Going Virtual
(DBN)

Football executive warns of ‘100 clubs’ going bankrupt
(DBN)

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Religion:

Judge sets deadline for abuse claims vs. Harrisburg diocese
(DBN)

Coronavirus drains Vatican coffers as income falls, deficits loom Vatican Braces for Belt-Tightening as Virus Dries Up Donations Though hard times ahead, Vatican not at risk of default, official says
(DBN)

Are Jews in America safe in this era?
(DBN)

Jewish State Not Feeling Blessed By 'God TV'
(DBN)

Churches have been astonishingly hypocritical during the pandemic
(DBN)

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Coal:

Lender Says Murray Energy Violated Deal in ‘Brazen’ Loan Default
(DBN)

In a First, Renewable Energy Is Poised to Eclipse Coal in U.S.
(DBN)

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Apparel:

Under Armour Follows Rivals, Commits To Paying Garment Makers In Full
(DBN)

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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 (46 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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:

Wave of COVID-19 bankruptcies poses next threat to US economy
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Small Business:

Bankruptcy Amendments Could Help Businesses After Coronavirus
(DBN)

Can the New Small Business Chapter 11 Save Your B&B or Airbnb?
(DBN)

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Workouts:

Saving Midmarket, Closely Held Companies With Traditional Workouts
(DBN)

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Finance:

Additional Guidance On The Paycheck Protection Program And Whether You Should Apply In The First Place
(DBN)

Bankruptcy Rulings May Help Debtors Qualify For PPP Loans
(DBN)

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Discharge:

Eighth Circuit Affirms Discharge in Bankruptcy of Common Law Climate Change Claims
(DBN)

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Advisors:

FTI Consulting Expands Restructuring Practice with the Appointment of Oil & Gas Specialist Kieran Douglas as Managing Director
(DBN)

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Aviation:

Airline Group Sees Virus Hurting Travel for at Least Five Years
(DBN)

Warren Buffett is wrong about airlines' prospects after coronavirus, Raytheon CEO says
(DBN)

US airlines eye job cuts once bailout strings expire
(DBN)

Class Action Says United Forced Workers to Take Unpaid Time Off
(DBN)

GE’s stock craters to 3-decade low as airline industry outlook darkens
(DBN)

Airlines were just warned for a second time by the US government that they're required to issue refunds for canceled flights after 25,000 people complained Consumers, lawmakers rip airlines for withholding refunds
(DBN)

US Senators introduce coronavirus flight ticket cash refund legislation
(DBN)

Airbus to Start Talks With Unions on Permanent Job Cuts
(DBN)

United Airlines to notify passengers, allow rebooking on flights near 'full capacity' after viral pic backlash
(DBN)

Philippines: Bankruptcy ‘a distinct possibility’ for major airlines
(DBN)

IndiGo Parent, InterGlobe, looks to Bid for Bankrupt Virgin Australia
(DBN)

Uttama: Bankruptcy an option for THAI THAI not about to file for bankruptcy, says Prayut
(DBN)

South African Airways rescue team will not sell assets without consulting govt - memorandum
(DBN)

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Travel:

Airbnb CEO Brian Chesky predicts a wildly different future of travel and living, and it sounds pretty great
(DBN)

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Taxis:

Uber requires drivers and passengers to wear masks in cars Uber rolls out AI to verify drivers are wearing face masks
(DBN)

Big Uber Shareholders Rebel on CEO’s Huge Pay Package Amid Coronavirus Layoffs
(DBN)

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Personal Finance:

How COVID-19 Has Created a Childcare Catch-22 for Working Families
(DBN)

The sound of mayhem: working from home with kids
(DBN)

The Extra Burden for Parents of Children With Special Needs
(DBN)

How Rep. Katie Porter—Congress’s Only Single Mom—Is Making It Work in Quarantine
(DBN)

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Nursing Homes:

As deaths mount, coronavirus testing remains wildly inconsistent in long-term care
(DBN)

Nursing homes lobby for immunity from lawsuits amid pandemic
(DBN)

NY Gives Legal Shield to Nursing Homes
(DBN)

TX Gov Sends National Guard to Nursing Homes
(DBN)

Pennsylvania health official moved mother from nursing home as deaths skyrocketed
(DBN)

Critics say Pennsylvania 'has failed' as nursing homes account for nearly 70% of state's coronavirus deaths
(DBN)

____________

Newspapers:

Federal agency says it will assume McClatchy pension plan if bankruptcy judge signs off
(DBN)

Steinberg to judge: The Bee needs to ‘be bolstered and rebuilt, not milked’
(DBN)

____________

Satellites:

World’s largest satellite operator files for bankruptcy Intelsat files for bankruptcy ahead of 5G spectrum auction Intelsat Undertakes Financial Restructuring to Pave the Way for Future Innovation and Growth Intelsat files for bankruptcy “restructuring” Intelsat files for Chapter 11 bankruptcy First Day Dec First Day Dec (2)
(DBN)

Bankrupt OneWeb seeks DoD financing to keep assets from Chinese purchase
(DBN)

____________

Buses:

American Bus Companies Hold Rolling Rally in Washington, Call for $15 Billion Bailout
(DBN)

____________

Movies:

Hollywood Giants Plan More Cost-Cutting, Brace for Pandemic Recession
(DBN)

Movies used to be an escape: Now they're a risk-reward calculation
(DBN)

____________

Insurance:

Zurich Insurance May Take Up to $750 Million Hit
(DBN)

____________

Transit:

How the Novel Coronavirus Is Speeding the Scooter Apocalypse
(DBN)

____________

Skiing:

Hermitage sale closes, members look ahead
(DBN)

____________

Debt Collection:

Creditors to be Covered by New FDCPA w/ 10x Damages
(DBN)

____________

Sovereigns:

Bernie Sanders, Ilhan Omar Lead Call for World Bank, IMF Debt Cancellation
(DBN)

In a time of global crisis, should the world cancel poor countries' debts?
(DBN)

Born Out of Necessity: A Debt Standstill for COVID-19
(DBN)

____________

UK:

London Subway Journeys Rise as U.K. Begins to Ease Lockdown
(DBN)

UK transport minister says he wouldn’t get on crowded bus
(DBN)

Easing Plans May Raise Coronavirus Risks for U.K. Chronic-Disease Patients
(DBN)

Brits Don't Trust Trump on New Trade Deal
(DBN)

____________

EU:

EU Commission Authorizes State ‘Recapitalization’ Measures To Support Failing Businesses Due To COVID-19
(DBN)

ECB’s Guindos Says Euro-Area Economic Contraction Has Hit Bottom
(DBN)

EU Working on ‘Ambitious’ Blueprint to Forge Economic Recovery
(DBN)

Germany makes plans to reopen borders, as Europeans eye summer travel Germany eases border closures but checks remain until mid-June
(DBN)

____________

Canada:

Certain Bankruptcy and Insolvency Timelines Extended to June 30 Nationwide Due to COVID-19
(DBN)

PM Trudeau says feds will be 'very, very careful' about reopening international travel
(DBN)

U.S. and Canada to Extend Border Controls Until June, Globe Says
(DBN)

Why are so many people getting sick and dying in Montreal from Covid-19?
(DBN)

____________

PIIGS:

Schools in Italy Will Reopen in Fall After Closing for Coronavirus Outbreak
(DBN)

Italy’s New Virus Cases Decline as Premier Finalizes Stimulus Italy COVID Cases Jump After Italians Were Too Quick to Celebrate an End to Lockdown
(DBN)

Italy’s New Stimulus May Not Be Enough for Battered Economy
(DBN)

Italy Learns a Hard Lesson on Face Masks
(DBN)

____________

Singapore:

Clifford Chance strengthens Restructuring and Insolvency team with addition of Shaun Langhorne in Singapore
(DBN)

Conducting Meetings by Electronic Means for Corporate Insolvency and Bankruptcy Matters
(DBN)

____________

Mexico:

Mexico to Begin Reopening Economy Monday Amid Record Deaths Mexico to start reopening border region, other areas as coronavirus lockdown eases
(DBN)

Mexico is severely — and maybe purposely — undercounting its coronavirus deaths
(DBN)

____________

China:

FBI sounds alarm over Chinese attempts to steal coronavirus research
(DBN)

GOP AGs Tell Trump to Go After China
(DBN)

____________

Australia:

Australia and New Zealand reopen after coronavirus cases plummet
(DBN)

____________

Brazil:

Colombia Militarizes Brazil Border Amid Jump in Virus Cases
(DBN)

Bolsonaro fights to reopen gyms as Brazil records deadliest coronavirus day
(DBN)

‘World’s highest death rate’: Brazil’s nurses protest as fatalities mount
(DBN)

____________

Chile:

'Total' Lockdown For Chile Capital After Virus Spike
(DBN)

____________

Venezuela:

Venezuela’s PDVSA Paid Ex-Congressman $15 Million, Suit Says Venezuelan Oil Company Sues Miami Ex-Congressman Over $50 Million Deal
(DBN)

____________

Africa:

Ghana Says Its Virus Lockdown Was Untenable for Economy
(DBN)

Covid-19 is Spreading Rapidly in Tanzania
(DBN)

Bizarre clothing rules for lockdown baffle South Africans
(DBN)

____________

Russia:

Russia's coronavirus cases are spiking and the health system is struggling to keep pace
(DBN)

____________

MENA:

Saudi Arabia to enter full lockdown for five days after Ramadan as coronavirus cases rise
(DBN)

____________

India:

India Offers $72 Billion Liquidity to Steady Shrinking Economy
(DBN)

Net tightens for promoters of corporate debtors
(DBN)

____________

Australia:

Incoming insolvency spike could prompt bankruptcy changes
(DBN)

____________


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