May 15, 2020

The Daily Bankruptcy News

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Law:

Ropes & Gray Offers Voluntary Buyouts Amid Coronavirus Crisis Ropes & Gray Offers Voluntary Buyouts to Staff Members
(DBN)

Am Law 200 Firm Asks Associates To Make ‘Temporary Financial Sacrifice’
(DBN)

As COVID-19 Outbreak Looms, Large Law Firm Market Has Strong First Quarter Says Peer Monitor Index
(DBN)

Biglaw May Soon Have Some Financial Troubles Thanks To COVID-19
(DBN)

Over 60% of legal staff want to work from home post-lockdown
(DBN)

Finnegan Cuts Pay, Preps for Coronavirus Fallout
(DBN)

Taylor Wessing to cut trainee pay and hours by 8%
(DBN)

Associates Want a Break on Billable Hours as Pay Cuts Roil Law Firms Associate Woe - Less Money, Not Less Work (or maybe even more)
(DBN)

75% of associates surveyed say job security and pay cuts are top worry; who got hit this week?
(DBN)

The Top 10 Biglaw Firms Are In A Class All To Themselves
(DBN)

Nurse-Attorneys? Yes. Lawyers Are Donning Scrubs Again to Help Battle COVID-19
(DBN)

Boies Schiller Hit With Legal Malpractice Lawsuit Alleging 'Overly Aggressive' Defense Tactics
(DBN)

Leading Questions: Clifford Chance’s Peter Mucchetti
(DBN)

An Uphill Climb for Women Supreme Court Advocates Gets Steeper
(DBN)

The 5 Most Common Tech Challenges in the New Remote-Work Normal
(DBN)

DLA Piper lawyers serenade partner with lockdown music video
(DBN)

As Law Firms Cut Costs, Big Law Experts Mixed on Future
(DBN)

Law firm associates expect permanent legal industry change amid Covid-19 job security fears
(DBN)

50 ways to market your practice
(DBN)

Attorneys Connecting Through Social Media In Times Of Isolation
(DBN)

Fox Adds Bankruptcy Partner Trey Monsour in Texas
(DBN)

K&L Gates Expands Restructuring Practice with Addition of Seven-Member Frankfurt Team
(DBN)

The Pandemic Is The Time For Biglaw To ‘Double-Down’ On Diversity
(DBN)

Don’t Replicate – Create: How Lawyers Succeed in the New Normal
(DBN)

Internet Legal Research On A Budget
(DBN)

Colorado shut down a restaurant that was packed on Mother's Day, but it defied the order and stayed open anyway
(DBN)

Another Colorado restaurant opens, but not out of defiance of coronavirus regulations, out of desperation
(DBN)

Lockdown-flouting speakeasies popping up throughout Manhattan
(DBN)

Businesses Chafing Under Covid-19 Lockdowns Turn to Armed Defiance
(DBN)

Michigan Cancels Legislative Session to Avoid Armed Protesters Heavily Armed Protesters Gather Again At Michigan Capitol To Decry Stay-At-Home Order Whitmer's stay-at-home orders protested outside Michigan Captiol as scuffle breaks out Big police presence expected at Michigan protest of stay-at-home order Fight breaks out during Capitol protest over man carrying Barbie doll hanging from a noose
(DBN)

As people use COVID-19 as weapon, U.S. states mull criminal crackdowns
(DBN)

Mom Arrested After Confrontation With NYPD Officers Over Face Mask
(DBN)

Social-Distancing Arrests Bring Charges of NYPD Bias
(DBN)

More than 70 people in Wisconsin test positive for coronavirus after admitting they attended a 'large gathering' in the state - around same time hundreds turned out for anti-lockdown protest
(DBN)

Wisconsin Judge Equates Stay-At-Home Order To Japanese American Concentration Camps Breaking Down the Wisconsin Supreme Court’s Quarantine Ruling After Wisconsin court ruling, crowds descend on bars. 'We're the Wild West,' gov. says Wisconsin bars packed after court blocks coronavirus shutdown order Wisconsin governor warns of ‘massive confusion’ after ruling Wisconsin Lockdown Ruling Shows Right Wing's Paranoia
(DBN)

True Freedom-Lovers Wear Face Masks
(DBN)

'A pressure cooker': Pa. governor aims to contain GOP revolt Coronavirus in Pennsylvania: G.O.P. Defiance of Lockdown Has 2020 Implications
(DBN)

Barber says he's not afraid of being arrested or shutdown
(DBN)

Trump will have to go to the Supreme Court to defeat a lawsuit accusing his DC hotel of violating the Constitution by taking payments from foreign governments Trump to ask Supreme Court to stop suit claiming he makes unlawful hotel profits En banc 4th Circuit revives emoluments lawsuit against Trump
(DBN)

Days After SCOTUS Heard Arguments Over Tax Returns, Trump’s Finances Face a New Threat
(DBN)

The Justice Department’s move to drop Michael Flynn’s case is on hold Former judge named to oversee Flynn case already made up mind, op-ed suggests BigLaw partner will argue whether Flynn should be held in contempt and if charges should remain Judge Puts Debevoise In Charge Of Michael Flynn Case Because Bill Barr Can’t Do His Job Right Michael Flynn’s Fired Lawyers Just Filed Court Papers to Reappear In His Case Dershowitz: Judge Sullivan Is Now 'Most Partisan' Person in Effort to Keep Michael Flynn's Case Alive Legal Experts Ridicule Michael Flynn's Latest Legal Filing for Citing Non-Existent Scalia Precedent Judge Napolitano: Barr Did the Unthinkable
(DBN)

Roger Stone Judge Orders White House to Turn Over Ukraine Emails Being Withheld from the Public
(DBN)

Coronavirus whistleblower’s complaint shows high likelihood of ‘wrongdoing’
(DBN)

Stimulus check causes fight
(DBN)

Paralegal for US district attorney accused of tipping off Mexican cartel
(DBN)

Sheriff Missed Deadline to Fire Sergeant Who Hid Behind Car During Parkland Mass Shooting, Arbitrator Rules
(DBN)

Ex-detective charged in death of Ahmaud Arbery lost power to make arrests after skipping use-of-force training Ahmaud Arbery Murder Suspect Worked 8 Years With No Arrest Powers Note left at Ahmaud Arbery memorial site: ‘I should have stopped them’ Audio Reveals Travis McMichael Reported Black Man at a Home Days Before Killing Ahmaud Arbery ‘A great embarrassment’: records offer insight into Ahmaud Arbery suspect
(DBN)

A black delivery driver filmed himself being trapped in an Oklahoma City neighborhood as an HOA president demanded to know why he was there
(DBN)

Black professor told he was ‘not wanted in Vermont’ in apparent hate crime
(DBN)

Supreme Court Rejects Texas Inmates on Covid-19 Prevention
(DBN)

2019 NFL First-Round Pick Accused of Armed Robbery
(DBN)

Police: Woman Arrested For Battering Husband With Mother's Day Bouquet
(DBN)

Psych Evaluation: Man Who Demanded 'Trial by Combat' with Ex-Wife Is Sane
(DBN)

Linklaters’ lawyer scoops £32,000 on Who Wants to Be a Millionaire
(DBN)

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Judges:

Swamped bankruptcy courts threaten US recovery
(DBN)

Bankruptcy Is Coming: Are We Ready?
(DBN)

Bankruptcy On Ice III – The Freeze Extends Temporary Suspensions of Chapter 11 Cases
(DBN)

The challenges ahead for online courts
(DBN)

Senate Panel OKs Judge Picks for First Time in Two Months
(DBN)

Mitch McConnell Urges Judges To Make Way For Younger, Fitter Reactionaries
(DBN)

Fox News hosts who once hailed Michael Flynn's judge now say he's hopelessly biased ‘You reek of ignorance’: Hannity blows up at federal judge for pushing back on DOJ’s move to bury Flynn case
(DBN)

Federal Circuit Emergency Procedures in Place Indefinitely
(DBN)

Courts and Classes are Closed, But Judges Make Virtual House Calls During COVID-19 Crisis
(DBN)

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Wall Street:

European stocks and U.S. futures climb on signs of China recovery
(DBN)

Dow stages 800-point turnaround to close higher, powered by financial stocks
(DBN)

Trump says the US is 'looking at' Chinese companies that trade on US exchanges but don't follow accounting rules
(DBN)

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Layoffs:

Uber fired over 3,500 employees in a 3-minute Zoom call
(DBN)

Turns Out Investment Banking Doesn’t Require Quite So Many Investment Bankers
(DBN)

Quartz to Lay Off 80 Employees
(DBN)

GM’s Cruise unit lays off staff in pivot from hiring spree
(DBN)

Georgia-Pacific temporarily lays off 300 Oregon workers, says no demand
(DBN)

Gate Hospitality Group lays off 141 employees, furloughs 735
(DBN)

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Sports:

Pacers star Victor Oladipo: If the NBA doesn’t return, players risk losing money
(DBN)

MLB pitcher Snell: I won't risk my life and take pay cut
(DBN)

Amid layoffs and furloughs, sportswriters wonder what will be left of a storied profession
(DBN)

If NFL games don't have spectators, Fox might add CGI fans, crowd noise to broadcasts
(DBN)

State governors cast serious doubt on NFL returning with fans this fall
(DBN)

McMahon defends firing Luck just before shutting down XFL
(DBN)

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Food/Beverage:

The Southeast's biggest IHOP franchisee, based in Pinellas County, files for Chapter 11 bankruptcy protection
(DBN)

Bankrupt Krystal Agrees to $48 Million Deal with Fortress Investment Group Krystal burger chain to exit bankruptcy, keep most locations open Krystal to be bought out of bankruptcy by Fortress Investment Group for $27 million
(DBN)

Proposed Law Could Allow Ailing California Restaurants to Terminate Lease Agreements
(DBN)

One-Quarter of American Restaurants Won’t Reopen, OpenTable Says
(DBN)

This chart shows how restaurants will struggle even after they're allowed to reopen
(DBN)

People are furious at restaurants adding COVID-19 surcharges, as food prices skyrocket and businesses struggle
(DBN)

What eating in a restaurant may look like during the pandemic
(DBN)

How one South Carolina restaurant owner is thinking about reopening
(DBN)

McDonald’s reportedly sent franchisees a 59-page guide for reopening dining rooms McDonald’s reopening guide reveals restaurants’ new complexities
(DBN)

McDonald's is giving franchisees $210 million to rebuild sales, as the company enters 'a new phase' of the coronavirus crisis following internal strife
(DBN)

Thousands of Pigs Rot in Compost as U.S. Faces Meat Shortage
(DBN)

Surging Pork Prices Highlight Pandemic Debates Sweeping America
(DBN)

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Hotels:

Hotels: Occupancy Rate Declined 55.9% Year-over-year, Slight Increase Week-over-week
(DBN)

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Movie Theaters:

Arizona's three Alamo Drafthouse movie theaters have filed for bankruptcy, cite COVID-19 impacts
(DBN)

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Retailing:

J.C. Penney set to file for bankruptcy in coming days: reports
(DBN)

How America’s Blue-collar Department Store Fell From Grace
(DBN)

Record drop in retail sales expected for April, as Americans cut spending on most nonessentials
(DBN)

Does a Neiman Marcus and Saks hookup make sense?
(DBN)

The Coronavirus Pandemic Helped Topple J. Crew and Neiman Marcus. So Did Private Equity.
(DBN)

FedEx is so slammed with online orders that it's reportedly capping shipments from major retailers like Nordstrom and Hobby Lobby
(DBN)

Peebles Waits To Reopen And Restart Its Final Closing Sale
(DBN)

Neiman Marcus Fights To Survive
(DBN)

Retail’s New Reality: Consolidation, Bankruptcy, Survival
(DBN)

Amazon shipping delays level the playing field for e-commerce amid the pandemic
(DBN)

Amazon confirms COVID-19 death of worker from a warehouse where employees complained social distancing was not enforced
(DBN)

What pandemic? Amazon’s Jeff Bezos is a prime candidate for becoming the world’s first trillionaire
(DBN)

Visa sees ‘massive’ digital acceleration with millions trying e-commerce for the first time
(DBN)

Guitar Center Fulfills Debt Payments, Avoiding Potential Default
(DBN)

As states grapple with reopening, retail industry thinks it has a 'blueprint'
(DBN)

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Education:

Cal State’s chancellor hopes mostly virtual fall semester won’t be necessary
(DBN)

Modeling The Spread Of COVID-19 At UCLA
(DBN)

Do Faculty Have The Right To Refuse To Teach In The Fall Due To COVID-19?
(DBN)

Some colleges push viral testing, other ideas for reopening; others worry about deepening health crisis
(DBN)

Trump rebukes Fauci's concern over reopening schools
(DBN)

Harvard undergraduates circulate petition against virtual fall semester amid coronavirus pandemic
(DBN)

Modesto’s Merryhill Preschool closing, says its money woes made worse by pandemic
(DBN)

Some US schools are pulling the plug on distance learning
(DBN)

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Utilities:

PG&E Says New Probation Conditions ‘Undermine Wildfire Safety’
(DBN)

PG&E seeks relief from judge’s order on power line inspections, tree trimming
(DBN)

California Wildfire Victims Face Crucial Vote In PG&E Settlement
(DBN)

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Newspapers:

In Rhode Island, the state’s largest daily no longer has any opinions of its own
(DBN)

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Agribusiness:

Farmers are being forced to shoot and gas thousands of animals a day, devastating their business amid meat shortages
(DBN)

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Event Facilities:

Bayland wants court to toss bankruptcy case
(DBN)

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Pharma:

Omnicare To Settle For $15 Million Over Opioid Allegations
(DBN)

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Economy:

US weekly jobless claims hit 3 million as layoffs persist Weekly Initial Unemployment Claims decrease to 2,981,000 US stocks slide as jobless-claims figures show extent of coronavirus damage US weekly jobless claims hit 3 million, bringing the 8-week total to more than 36 million Dismal jobs report offered a sign that some people may be returning to work White House Economist Says 3 Million Jobless Claims Better Than Expected Continued Unemployment Claims Reach Nearly 23 Million 25% of US Workers Claiming Unemployment
(DBN)

Why the ‘great’ jobs market was always an illusion
(DBN)

Graduate Degrees Dramatically Boost Job Prospects During A Pandemic
(DBN)

Latest U.S. Jobless Claims Report Marred by Inaccuracy, Quirk
(DBN)

Congress is ignoring the best solution for troubled companies: bankruptcy
(DBN)

Managing the Coming Global Debt Crisis
(DBN)

The hit to the US economy from the coronavirus could stick around for years after the pandemic is over
(DBN)

How quickly will U.S. economy recover? One economist looks at Southern restaurant bookings for an answer
(DBN)

U.S. Consumer Comfort Falls for Eighth Week to Lowest Since 2014
(DBN)

Hey SBA, taxpayers deserve to know who’s getting COVID-19 relief loans
(DBN)

Lawyers are ‘biggest threat to reopening the economy’, claims financial journalist
(DBN)

A $22 Billion Manager Bets Covid Crisis to Be Shorter Than 2008
(DBN)

Which Manufacturers Will Suffer Most From Covid-19?
(DBN)

In a replay of 2008, toxic subprime loans could worsen this financial crisis
(DBN)

Alcoa CEO Sees No Certainty a Definitive Recovery Is Coming
(DBN)

Fed’s balance sheet nears $7 trillion mark
(DBN)

Seven weeks into coronavirus lockdowns, Fed has a new, darker message
(DBN)

Firms That Left U.S. for Tax Reasons Could Qualify for Fed’s Aid
(DBN)

Poor Americans Hit Hardest by Job Losses Amid Lockdowns, Fed Says Past Pandemics Hit the Marginal Hardest Too
(DBN)

Nearly Half of Americans Think Life Won't Return to Normal Until 2021: Poll
(DBN)

Trump: New Bailout Program to Help 35M. Not
(DBN)

Coronavirus burdens working moms twice as much as dads, study finds
(DBN)

National Debt Has Increased $5.2 Trillion During Trump's Presidency
(DBN)

Schumer is ‘optimistic’ Congress will strike a deal on more coronavirus relief
(DBN)

Lots of talk - but so far no action - about second $1,200 stimulus check for U.S. households
(DBN)

When will more coronavirus stimulus checks go out? You won’t like the answer
(DBN)

5 people on the frustration of trying to track down their stimulus checks
(DBN)

Cory Gardner signs on to Josh Hawley plan to have federal government subsidize payrolls
(DBN)

One family's experience with the unfair math of our country: Four U.S. citizens plus one who is not equals zero stimulus funds
(DBN)

As coronavirus rolls on, Republicans hit 'pause' on new aid
(DBN)

Kashkari Says Congress Will Have to Send Americans More Money
(DBN)

Good Economic News Is Coming and That’s Bad
(DBN)

House Plan Bars Lobbyists, Politics Groups From Small Firm Aid
(DBN)

Trump said the US 'could cut off the whole relationship' with China as tensions escalate during the pandemic The Great Decoupling Is a U.S.-China Cold War already underway?
(DBN)

Fed is all in: Here are the key features of its lending programs
(DBN)

Fed Buys $305 Million of ETFs at Start of Historic Program
(DBN)

Survey: Oil, manufacturing had best luck with pandemic loans
(DBN)

Virus tests hospitals in pockets of US as some states reopen Why reopening has become so confusing NYC and Long Island Are Several Steps Away From Reopening Economists See Georgia’s Reopening as ‘Bellwether’ for Nation CDC Posts Advice on Reopening U.S. Bars, Restaurants and Workplaces De Blasio Relies on Aide Who Saw ‘No Proof’ Closures Curb Coronavirus American Business Is Split on Partisan Lines Over Virus Recovery There Are Sensible Ways to Reopen a Country. Then There's America's Approach Sweden’s Coronavirus Strategy Will Soon Be the World’s More California counties reopen as state nears 3,000 coronavirus deaths Manhattan Beach Mayor On Reopening Los Angeles County Beaches: 'It's Our Culture' San Bernardino County reports another 18 coronavirus deaths, biggest daily increase in fatalities As Florida moves to reopen, a rural county remains wary Six Flags Great Adventure to open drive-thru safari in New Jersey As lockdowns are ending, we need to remain ready for the virus to surge Emails: Trump nominee involved in shelving CDC virus guide Churches can reopen soon in parts of Virginia and Maryland. But many will keep their doors shut Abbott coronavirus test missed a large number of positive results caught by a rival firm, preliminary study says Miami-Dade County Announces ‘The New Normal’ Plan Resentment Builds When COVID-19 Reopening Rules Apply To Some Businesses, But Not Others Many Americans say enough is enough with social distancing and business closures, poll says New Jersey Shore Will Be Open for Memorial Day, Governor Says Democrats had better make clear that they also want to reopen as soon as possible, or they'll become "the party of permanent lockdowns" Gov. Andrew Cuomo extends New York stay-at-home order until June 13 Flying Blind: Do Public Officials Risk Criminal Liability by Reopening the Country Without Conducting Necessary COVID-19 Testing? Lockdown Is Ending, Whether Governments Approve or Not
(DBN)

G.D.P. Doesn’t Credit Social Distancing, but It Should
(DBN)

Coronavirus super-spreader events all have notable similarities — and they reveal the types of gatherings we should avoid for years
(DBN)

HHS whistleblower says coronavirus vaccine won’t be ready in 18 months
(DBN)

Hunger could be more deadly than coronavirus in poorer countries
(DBN)

Percentage of Americans Donating to Charity at New Low
(DBN)

Why ‘the next big shoe to drop’ in the U.S. economy could hit by July
(DBN)

Chinese walls at home? Banks are forcing couples working for rival firms to professionally isolate.
(DBN)

FedEx CEO is ‘more optimistic than most’ on industrial rebound
(DBN)

Social Security recipients may be in for a rude awakening later this year
(DBN)

Middle-Market Loan Defaults Forecast to Climb by Double Digits, Survey
(DBN)

Finland’s Basic Income Experiment Brings Happiness But Not Jobs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Pier One Bankruptcy Court Approves Request to Delay Rent Payments to Commercial Landlords
(DBN)

Fannie, Freddie Extend Moratorium on Foreclosures Through June
(DBN)

Fannie Mae, Freddie Mac: Borrowers in forbearance can defer all missed payments until the end of their loan
(DBN)

Mortgage catch-22: Interest rates are lower than ever, but millions of borrowers can’t get a loan
(DBN)

Average U.S. mortgage rate rises to 3.28%
(DBN)

Delinquent mortgages spike in April amid pandemic, study shows
(DBN)

Starbucks asks for a break on rent for the next year
(DBN)

Mortgage rates settle near historic lows as the purchase market begins to pick up Mortgage rates stabilize near record lows — but rates could fall lower this year
(DBN)

“Too early to write the epitaph” for the office market, UBS analyst says
(DBN)

Coronavirus Is Going to Create New Real Estate Winners
(DBN)

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Municipalities:

Covid-19 May Cost Puerto Rico $2 Billion in Taxes, Board Says Concerns grow as Puerto Rico to spend $2B to fight COVID-19
(DBN)

Muni Lowdown: Houston, we have a problem
(DBN)

The Trump administration is reportedly open to aiding cash-strapped states if it can advance key GOP priorities on tax cuts
(DBN)

Billionaire bond king Jeff Gundlach slammed the Democrats' proposed new $3 trillion coronavirus relief bill - and said it would take total state aid to 'over 150% of Federal taxes'
(DBN)

Pandemic wrecks many state budgets, could trigger deep cuts
(DBN)

Cities Seen Losing $360 Billion of Revenue From Economic Rout
(DBN)

Why coronavirus will crush essential services in smaller cities without federal help
(DBN)

White House is open to state aid despite opposition from conservatives
(DBN)

California's Newsom Seeks to Slash Budget to Close $54 Billion Gap 'These are not normal numbers': Newsom details bleak reality of state budget
(DBN)

Michigan plans to furlough 64% of workforce, save $80M to deal with budget woes
(DBN)

As Virus Ravages Budgets, States Cut and Borrow for Balance
(DBN)

UBS Sees Muni-Bond Market Facing Biggest Storm in Modern History
(DBN)

Flaggs floats bankruptcy as possible solution for city 'devastated by the loss of revenue'
(DBN)

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Oil/Gas:

Judge OKs oil company's exit from bankruptcy
(DBN)

Houston energy co. to sell assets in bankruptcy
(DBN)

Ultra Petroleum Corp. Signs Restructuring Support Agreement for Comprehensive Balance Sheet Restructuring
(DBN)

'Stealth Bailout' Shovels Millions of Dollars to Oil Companies
(DBN)

Oil rises after IEA report says there are signs of a recovery even as demand falls further
(DBN)

A US regulator warned that oil traders should prepare for negative prices again as soon as next week
(DBN)

U.S. Shale Needs To Slow Down To Survive
(DBN)

Will Oil Prices Go Negative Again This Month?
(DBN)

Goldman Sachs: Oil Market Headed For Deficit In June
(DBN)

A London-based trading house bought 250,000 barrels of oil during the historic plunge below $0 and likely made a fortune
(DBN)

Unique payout Alaskans get from oil wealth could be at risk
(DBN)

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Politics:

Trump Is Staking Out His Own Universe of ‘Alternative Facts’
(DBN)

Trump Touts Wall Street Journal Editorial That Said He 'Often Spreads Falsehoods' and 'Invents Facts'
(DBN)

Donald Trump Refuses To Wear Mask At Mask Supplier, Suggests Testing Is ‘Overrated’ 73% of Democrats are wearing masks to fight coronavirus. 59% of Republicans are.
(DBN)

'They are angry': Pandemic and economic collapse slam Trump across Rust Belt
(DBN)

23% of Republicans Think GOP Should Nominate Someone Other Than Trump
(DBN)

How a Flynn theory became central to the Trump reelection campaign
(DBN)

Coronavirus test used by Trump and others at White House may be wrong half the time
(DBN)

Graham rejects Trump's call to summon Obama to testify on alleged 'Obamagate' conspiracy What is 'Obamagate,' anyway? And how does it involve Michael Flynn? Lindsey Graham: Trump and Obama both 'welcome' to testify on Russia investigation Obamagate Isn’t A Scandal — It’s Unmasked Something Worse “Obamagate” is the new birtherism
(DBN)

As pandemic upends the country, Trump and Biden both seek to make Obama central to their campaigns
(DBN)

Sen. Burr steps down as Senate intel chair amid coronavirus stock sale probe Sen. Richard Burr and the coronavirus insider trading scandal, explained
(DBN)

GOP Sen. Kelly Loeffler just handed over documents to federal authorities investigating alleged insider trading
(DBN)

FBI questions Dianne Feinstein about coronavirus stock sales
(DBN)

Trump takes aim at Fauci, as GOP views of the expert quickly sour
(DBN)

McConnell: Obama Did Leave a Pandemic Plan
(DBN)

Republican Mike Garcia wins California special election, flipping seat
(DBN)

Company tied to Trump campaign manager gets PPP loan
(DBN)

Top Judiciary Republican Seeking Hunter Biden-Burisma Documents
(DBN)

House Democrats Set to Approve Proxy Voting Amid Pandemic
(DBN)

Texas Appeals Court Rules for Democrats in Heated Battle Over Vote-By-Mail
(DBN)

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Cruise Lines:

Norwegian Cruise Shares Jump After CEO Says Bookings Resilient
(DBN)

A leaked memo from Royal Caribbean breaks down the cruise line's ongoing push to send over 24,000 of stranded crew members home
(DBN)

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Autos:

Henry Ford III is rising to top of dynasty in deep trouble
(DBN)

Auto Workers Return is Our Ray of Hope
(DBN)

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Climate:

Early Start to Storm Season May Be Building off Florida Straits
(DBN)

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Satellites:

Why satellite communications company Intelsat filed for bankruptcy
(DBN)

Intelsat Bankruptcy Changes C-Band Compensation Equation
(DBN)

FCC Plans to Auction C-Band Airwaves Despite Intelsat Bankruptcy
(DBN)

Air Force Leaders Fret As Another Satellite Maker Declares Bankruptcy
(DBN)

In the Eye of the Storm: Greg Wyler Breaks Cover to Talk OneWeb
(DBN)

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Mail:

The state of the U.S. Postal Service in 8 charts
(DBN)

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Private Equity:

Private equity firm involved in failed Maine mill project files for bankruptcy
(DBN)

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Maritime:

World’s biggest container shipper warns of 25% slump in volumes
(DBN)

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Telecoms:

Covid-19 Related Bankruptcies: How Can Communications Service Providers Prepare?
(DBN)

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Taxis:

NYC taxi rescue plan calls for revaluing all medallions at $250,000
(DBN)

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Nursing Homes:

Texas Lawsuit Against Nursing Home Over Worker's COVID-19 Death Could Point to Trend in Litigation
(DBN)

Why Covid 19 Hits Seniors So Hard
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (Temporarily Unavailable)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

Legal experts expect personal bankruptcies to rise with COVID-19
(DBN)

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Mediation:

A Survey of Professionals on Mediation of International Commercial Disputes
(DBN)

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Estoppel:

E.D.N.Y.: No Standing for Consumer to Bring FDCPA Claim Because It Wasn't Properly Disclosed in Bankruptcy Petition
(DBN)

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Finance:

New Mexico Court Enjoins SBA from Denying PPP Relief to Debtor in Bankruptcy
(DBN)

Bankrupt USA Rugby Gets Court Approval to Keep Virus Loan Money
(DBN)

PPP Eligibility Requirements Challenged in Bankruptcy Lawsuits
(DBN)

Emergency Relief – Bankruptcy Courts Grant Debtors Relief in Fight Against SBA’s Refusal to Provide PPP Loans
(DBN)

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Avoidance Actions:

Eighth Circuit Rules Fraudulent Conveyances Subject to Statutory 502(b)(6) Cap
(DBN)

They Paid Me, Went Bankrupt and Then Sued to Get That Money Back: How to Avoid Being an Unsecured Creditor
(DBN)

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Small Business:

COVID-19 Legislation Makes Reorganization Quicker and Less Expensive for Small Business Debtors
(DBN)

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Miscellaneous:

Global Insolvency Report: Impact of Covid-19 on Insolvency Laws
(DBN)

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Valuation:

Post-COVID-19 Appraisals And The Burden Of Proof In Bankruptcy Cases
(DBN)

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Bankruptcy Remoteness:

Preferred Shareholder Denied Right to Block Bankruptcy Filing by Delaware Bankruptcy Court
(DBN)

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Trustees:

BK SD OH Seeks Ch. 13 Trustee
(DBN)

BK TN, BK SD OH and BK ND IL Seek Ch. 7 Trustees
(DBN)

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Bankruptcy Policy:

Why Formerly Successful Entrepreneurs Have No Viable Bankruptcy Option
(DBN)

Amending insolvency legislation in response to the COVID-19 crisis
(DBN)

The “Honest But Unfortunate Debtor”: An Old And Still-Evolving Concept
(DBN)

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D&O:

PLUS Perspectives on Coronavirus Outbreak: Latest D&O Focus Update Coronavirus and D&O Insurance: The Latest Interim Update
(DBN)

____________

Discharge:

Fresh Air and Fresh Start: Are Environmental Liabilities Dischargeable?
(DBN)

____________

Aviation:

What Did He Just Say?': Boeing CEO's Prediction Irks Airlines Airlines not happy with Boeing CEO after he said one of them would 'most likely' fold Boeing CEO tries to smooth over tensions with airline chiefs after saying a US carrier ‘likely’ to go bust
(DBN)

Boeing wants to get people back in planes — here’s its plan
(DBN)

Boeing's Backlog Pain Is Just Beginning
(DBN)

Trump: Airline Industry is in Good Shape???
(DBN)

Southwest: Airline Recovery Maybe Next Year
(DBN)

Delta Air to retire all of its 777 jets, in latest blow to Boeing
(DBN)

Delta’s Boeing 777 Symbolized An Airline’s Emergence. Now It’s One More Vanishing Aircraft.
(DBN)

Senators Unveil Bill to Force Airlines to Provide Cash Back for Pandemic-Driven Flight Cancellations
(DBN)

Balancing travelers’ right to refunds and airlines’ right to survival in the age of COVID-19
(DBN)

Airlines, government at odds over passenger ‘contact tracing’
(DBN)

Southwest Airlines to offer employees separation packages as it tries to reduce headcount
(DBN)

American Airlines - The Possible Path To Bankruptcy
(DBN)

Airlines have instructed flight crews to not let masks lead to in-flight disruptions Three Major U.S. Airlines Won’t Force Passengers to Wear Masks Inflight Southwest memo says it will not deny boarding if customers don't wear masks
(DBN)

Airlines must be allowed to fly full planes
(DBN)

Airlines Trying To Lure Future Travelers With Cheap Flights, No Change Fee
(DBN)

Private jet company founded by Trump donor gets $27 million bailout
(DBN)

United Airlines violated $5B coronavirus aid agreement: Lawsuit
(DBN)

US airlines got the sweetest Covid bailout – a wise move?
(DBN)

Bidders Are Lining Up to Buy Virgin Australia After Collapse
(DBN)

Virgin Australia's home state weighs bailout for bankrupt airline
(DBN)

South Africa: Uncertain future for domestic airlines
(DBN)

Brazil Rescue Aid for Airlines to Reach $680 Million
(DBN)

Air France-KLM: Too Big To Fail
(DBN)

Brussels Airlines to Return to the Skies Next Month
(DBN)

El Al Airlines in dire straits as it releases Q4 results
(DBN)

Chinese airlines may see a U-shaped recovery in air travel, as global carriers slog through 2023 to see the earliest glimpse of hope
(DBN)

Russia offers virus-hit airlines $316-million subsidy
(DBN)

Austrian Airlines Delays Flight Resumption A Fifth Time
(DBN)

Singapore Airlines Announces First Ever Annual Loss
(DBN)

THAI’s not yet set to file bankruptcy, says Prayut
(DBN)

'Survival mode': Airlines face record drop in travel amid virus outbreak
(DBN)

Flights cannot restart if countries have UK-style 14-day quarantines in place, warns airline body
(DBN)

____________

Healthcare:

Small doctor practices struggle to survive amid coronavirus pandemic
(DBN)

U.S. Healthcare Faces Crosscurrents from COVID-19
(DBN)

Companies need to lower healthcare costs as they face intense economic pressure
(DBN)

Mount Sinai nurses ‘shafted’ as hospital abruptly cancels hazard pay, overtime
(DBN)

America’s coronavirus testing numbers are really improving — finally
(DBN)

2 doctors explain why COVID-19 is not 'just another flu' — and why comparing the death tolls leads to inaccurate conclusions
(DBN)

Trump’s plan to limit the pandemic’s death toll: Undercount the numbers
(DBN)

Study shows human speech creates long-lasting droplets
(DBN)

Coronavirus May Pose a New Risk to Younger Patients: Strokes
(DBN)

Virus whistleblower tells lawmakers US lacks vaccine plan Trump, Azar attack ousted vaccine doctor as "disgruntled employee" 4 takeaways from coronavirus whistleblower Rick Bright's testimony Ousted Scientist Says His Pandemic Warnings Were Dismissed As 'Commotion' A Whistleblower’s Grim Warning for America
(DBN)

Everything you need to know about the Oxford University vaccine and other efforts to beat coronavirus
(DBN)

Trump says he would mobilize military to distribute coronavirus vaccine when it's ready
(DBN)

‘Lives were lost’ as US officials refused to ramp up production of N95 masks
(DBN)

Doctor Recalls Hallucinations While Battling COVID-19
(DBN)

Kidney injury seen in more than a third of hospitalized COVID-19 patients -U.S. study
(DBN)

Coronavirus: When will the second wave of infections hit?
(DBN)

McConnell's claim that Obama left behind no 'game plan' for the coronavirus outbreak
(DBN)

White House aims to ramp up production of supplies ahead of Covid-19 resurgence Trump Administration Seeking a 90-Day Viral Supply Stockpile Trump Mulls Made-in-U.S. Order for Vital Drugs, Devices
(DBN)

Widespread testing might not work in America. We love our 'freedom' too much.
(DBN)

Covid testing is about saving lives. Trump thinks it's just about numbers.
(DBN)

____________

Mass Torts:

French group Imerys in legal deal to resolve talc-related liabilities
(DBN)

In South Carolina, the judge handling asbestos lawsuits is accused of plaintiff-friendly bias
(DBN)

____________

Sovereigns:

How Are So Many EM Sovereigns Issuing New Debt?
(DBN)

____________

UK:

City of London curbs cars to aid social distancing
(DBN)

Law firm collapses, blames COVID-19
(DBN)

Can’t We Just Work This Out? Options Available in the UK to Help SMEs Stay Healthy During the Pandemic
(DBN)

British NHS Surgery Backlog Could Take Many Months to Work Through, Health Experts Warn
(DBN)

The U.K. COVID-19 response is stuck between a furlough and a hard place
(DBN)

EU takes legal action against UK on free movement U.K. Cabinet Backs Tough Brexit Line in Talks on EU Trade
(DBN)

Premier Oil Scheme – Scottish Sanction Judgment
(DBN)

____________

EU:

Second more deadly wave of coronavirus 'to hit Europe this winter'
(DBN)

Europe’s Banks Split on Economy as Virus Sparks Bad-Loan Jump
(DBN)

____________

PIIGS:

Italy Posts Rise in New Virus Cases and Daily Fatalities
(DBN)

____________

Canada:

Quebec Reverses Itself on Schools; Ontario to Open More Retail
(DBN)

Companies already in financial trouble face insolvency reckoning
(DBN)

Canadian travel firm FlightHub seeks creditor protection
(DBN)

Big banks able to weather Bank of Canada’s worst-case scenario, but risks higher for households and businesses
(DBN)

____________

Germany:

Germany faces €82bn tax receipts shortfall because of coronavirus
(DBN)

Germany in recession as GDP shrinks 2.2%
(DBN)

____________

Singapore:

Number of bankruptcy applications at the lowest since October 2016
(DBN)

____________

Sweden:

Sweden's per capita coronavirus death toll is among the highest in the world — a sign its decision to avoid a lockdown may not be working
(DBN)

____________

MENA:

Saudi Arabia's worst financial crisis in decades threatens prince's ambitions
(DBN)

____________

France:

France to Unveil Aid Packages for Auto, Aeronautics Industries
(DBN)

France’s Restaurant King Says Industry Needs Government Rescue
(DBN)

____________

Japan:

Japan’s Slide Into Recession to Be Confirmed With Worse to Come
(DBN)

____________

India:

India’s 50-Day Lockdown Brings Misery as Virus Numbers Surge
(DBN)

____________

Argentina:

Here’s What You Need to Know About Argentina’s Debt Crisis: Q&A
(DBN)

Buenos Aires province calls for counterproposal on debt restructuring as grace period expires
(DBN)

Argentine province on brink of default as bond payment deadline passes
(DBN)

____________

China:

China reports rising industrial production but falling consumer spending in April
(DBN)

Leaked Chinese Virus Database Covers 230 Cities, 640,000 Updates
(DBN)

____________


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