May 20, 2020

The Daily Bankruptcy News

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Law:

Coronavirus Craters Law Firm Revenues, With 81 Percent Of Surveyed Firms Seeing Losses
(DBN)

Law Firm Laying Off 30 Percent Of All Employees
(DBN)

Biglaw Firm Enacts Voluntary Leave Amid COVID-19 Upheaval
(DBN)

Michigan Joins Indiana In Administering Online Bar Exam
(DBN)

Firm will focus on high-end IP and commercial litigation after departures cut revenue
(DBN)

Jones Day Must Face Black Box Compensation and Gender Bias Claims, Judge Rules
(DBN)

Law Firm Leasing Activity Craters as Industry Rethinks Its Real Estate Footprint
(DBN)

2019 Was Not A Great Year At This Biglaw Firm
(DBN)

Wait, Lawyers Talk Smack?
(DBN)

Restaurant Practices Leap to Action as Virus Ravages Industry
(DBN)

Detroit Prevails at Michigan High Court in Law Firm Tax Dispute
(DBN)

Office-Lite FisherBroyles Hires 4 Ex-Big Law Partners
(DBN)

7 People, 4 Lawyers, 3 Dogs and Spotty Wi-Fi: In Quarantine With O'Melveny Chairman Brad Butwin
(DBN)

Potential jurors questioned via Zoom for summary jury trial in Texas
(DBN)

ALERT: If You Care About Your Right To Not Wear A Mask, This Law Firm Is Ready To Take Your Call
(DBN)

Age of resistance: How a virus riled up Michigan and spawned a rebellion
(DBN)

Michigan official says any protester brandishing a firearm should be arrested at tomorrow's stay-at-home rally
(DBN)

Bellmawr gym reopens again Tuesday, owners and members receive citations Sorry, that defiant N.J. gym owner is not a hero -- he’s part of the problem
(DBN)

Michael Flynn’s Lawyers Ask Appellate Court to Remove Judge Flynn Lawyers Try End Run Around Judge Barr's Move to Drop Flynn Case Puts Spotlight on 1977 US Supreme Court Ruling Republican State AGs File Motion To Tell Flynn Judge How To Law Good 'Risky Move': Flynn's Latest Legal Filing Could Backfire by Giving Judge Sullivan Even More Authority
(DBN)

Declassified Susan Rice Email Shows Comey Had ‘No Indication’ Flynn Passed Classified Info to Russian Ambassador
(DBN)

House GOP lawmakers accuse FBI Director Christopher Wray of ignoring them
(DBN)

COVID-19 data sharing with law enforcement sparks concern
(DBN)

Federal Judge Rejects Trump Administration's Attempt to Dismiss Lawsuit Over Endangered Species Act Rules
(DBN)

Lawyer contends ‘SILENCE. (BOOM SHAKALAKA)’ satisfies ethics rule; top state court disagrees
(DBN)

Coronavirus outbreak delays rapist Harvey Weinstein’s extradition to LA
(DBN)

Attorney for the Man Who Recorded the Ahmaud Arbery Killing Touts Mostly Pointless Polygraph Test In Arbery Shooting, George Zimmerman-Style Defense May Resonate With Jurors Police Tried to Tase Arbery in 2017
(DBN)

The police shooting of Breonna Taylor, a black woman who was killed in her apartment, explained
(DBN)

Roe v Wade Plaintiff Admits She Was Paid to Switch Sides
(DBN)

2 Cops Stole $225,000, Get to Keep It
(DBN)

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Judges:

BK ED TN: Judge Marcia Parsons Retiring
(DBN)

 

The Supreme Court’s Successful New Approach To Oral Argument
(DBN)

'I Want to See the Person's Face': Houston Judges Poll Attorneys About Face Masks, COVID-19
(DBN)

Judge admonished for comments about parents ruining their child, a ‘nothing case’ and ‘everlasting life’
(DBN)

Senate Confirms First Trump Judicial Nominee Since February
(DBN)

'Quiet. Mom’s in Court': Akerman Miami Partner Describes Taking Part in Historic High Court Virtual Hearing
(DBN)

Prosecutors: His Age Never Interrupted His Crimes, So This Ex-Texas Judge Shouldn't Get Compassionate Release
(DBN)

Law Prof’s Study on Supreme Court Oral Arguments Spotlights Chief Justice Roberts's Bias: 'Go Figure...'
(DBN)

Justice Clarence Thomas Says He Still Has 'No Idea' What Joe Biden Was Talking About in 1991
(DBN)

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Wall Street:

Dow futures bounce more than 300 points, as volatile week continues
(DBN)

Here’s what happened to the stock market on Tuesday
(DBN)

Goldman Reopens 7 Europe Hubs, Adds Gantlet of Checks for Staff
(DBN)

BofA Warns of Volatility-Shock Risk as Markets Get More Fragile
(DBN)

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Layoffs:

SoftBank-backed Ola lays off 1,400 employees as coronavirus hammers ride-hailing
(DBN)

Covid-19 And Nationalism Are Rocket Fuel For Automation
(DBN)

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Aviation:

Airlines pack in customers like there's no coronavirus
(DBN)

U.S. airlines see a ‘modest’ uptick in demand, a turning point in the pandemic
(DBN)

Richard Branson cashed in $41 million of Virgin Galactic stock last week to lift his ailing travel businesses
(DBN)

Delta aims to reduce cash burn to zero by year-end
(DBN)

American Airlines Exec Rejects Bankruptcy Speculation: ‘Take That One Off The List’
(DBN)

Mnuchin Says United Complying With Relief Law Despite Layoffs
(DBN)

Avianca’s Top Creditors Revealed, One Small Bank Has Half A Billion USD In Exposure
(DBN)

Airline CEO Predicts Nine-Fold Price Rise If Social Distancing Enforced
(DBN)

United Airlines offering passengers face masks and hand sanitizer wipes
(DBN)

A new social distancing-friendly airplane seat design would strap barriers to middle seats to divide the window and aisle passengers
(DBN)

Gov’t to lose majority Thai Airways share in restructuring Thai Airways must ‘stand on its own feet,’ PM says of bankrupt national airline Thai Airways union backs down, supports bankruptcy court-led restructuring
(DBN)

'Reasonable prospects' South Africa's Comair can be saved - administrators
(DBN)

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Politics:

Trump's firing of the inspector general investigating Mike Pompeo grows even more suspicious George W. Bush's Homeland Security Inspector General Warns: Trump's Firing Spree 'Will Have a Chilling Effect' ‘Certainly within his authority’: McConnell defends Trump removal of inspectors general 'Direct Violation of the Inspector General Act': White House Allegedly Barred IG Linick from Accessing His Office 'Friday night massacres': Trump's purge of the US oversight community is another reminder that he believes officials owe him personal loyalty above all else Pompeo reportedly hosted dozens of elaborate dinners paid for by American taxpayers — and records showed only 14% of guests were diplomats or foreign officials Democrats warn Transportation Department on watchdog's removal How Much Trouble is Mike Pompeo In?
(DBN)

Ford Says Trump Will Be Expected to Wear a Mask on Plant Tour Ford requires visitors to wear masks but unclear if Trump will comply Trump told to wear mask for Ford factory visit — but he says ‘we’ll see’
(DBN)

At Fox News, Mixed Message on Malaria Drug: ‘Very Safe’ vs. ‘It Will Kill You’
(DBN)

Trump is refusing to unveil Obama's portrait at the White House, breaking a 40-year tradition
(DBN)

Pelosi on calling Trump 'morbidly obese': 'I didn't know that he would be so sensitive'
(DBN)

Piers Morgan: President Trump’s latest reckless coronavirus cure claim will kill Americans Kansas Rep. Roger Marshall, ‘relieved’ Trump is taking risky COVID-19 drug, does same
(DBN)

The Commander in Chief’s Following Wanes
(DBN)

Trump Goes After Neil Cavuto
(DBN)

Georgia Republicans cancel election for state Supreme Court, meaning governor can appoint a Republican
(DBN)

Biden Campaign Asks Vice Presidential Contenders for References
(DBN)

Michigan Governor Had 'Opening Conversation' About Being Biden's VP
(DBN)

UN Head Seeks to Scale Back Annual New York Gathering Amid Virus
(DBN)

Federal judge says all Texas voters can apply to vote by mail during pandemic
(DBN)

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Trucking:

Angry truck drivers are slamming Trump for saying their protest on devastatingly low rates was a 'sign of love' for him
(DBN)

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Bankruptcy Crimes:

Bankruptcy Fraud Prosecutions May Increase Post-Pandemic
(DBN)

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Education:

Colleges Face a Lose-Lose Reopening Decision
(DBN)

Notre Dame just announced plans to welcome students back to campus in the fall
(DBN)

NYU Says It Plans to Conduct In-Person Classes in Fall
(DBN)

Boston College Plans To Start Fall Semester As Scheduled
(DBN)

‘Aggressively recruiting’: How for-profit colleges are preparing for next semester
(DBN)

For-profit colleges drastically outspend competing institutions on . . . advertising
(DBN)

Higher tuition, shorter days: What schools could look like when they reopen
(DBN)

‘The stakes of doing it wrong is that someone dies’: How coronavirus will transform K-12 schools in the fall
(DBN)

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Personal Finance:

I'm a mom who broke quarantine rules and formed an isolation group with my parents because I was desperate for childcare help
(DBN)

Widowed NJ mom on turning to food bank after being furloughed: 'They are there for this time of need'
(DBN)

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Hotels:

Staying in a hotel will be very different post-pandemic — here are the new safety and cleaning plans and precautions being implemented by every major hotel brand
(DBN)

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Pharma:

Trump Investing Millions to Bring Drugmaking Back to U.S.
(DBN)

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Trucking:

A 67-year-old trucking company is filing for bankruptcy, and it puts nearly 1,000 truck driver jobs at risk
(DBN)

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Mass Torts:

Johnson & Johnson discontinues talc-based baby powder in US and Canada
(DBN)

Lawyers for Boy Scout abuse victims file nine suits against three upstate New York chapters, hoping to pressure local councils to pay up in bankruptcy proceeding Sex-abuse lawsuits filed against 3 Boy Scouts of America councils in Upstate NY
(DBN)

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Corporate Governance:

The number of women running Fortune 500 companies hits a new high
(DBN)

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Sports:

Is Vince McMahon trying to covertly buy his own bankrupt XFL? Some Creditors Reportedly Think Vince McMahon Is Trying To Secretly Buy Back The Bankrupt XFL
(DBN)

Coronavirus shutdowns are making golf courses an oasis for stir-crazy Americans eager to get out and tee up
(DBN)

If MLB returns, the players' health will be at stake. That should be worth something.
(DBN)

NFL 'will have positive cases' in bid to play season amid pandemic, league's top medical officer says
(DBN)

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Utilities:

Fire Survivor Vote on Huge PG&E Settlement Can Stand, Says Judge — Despite Concern Over Lawyer’s Potential Conflict
(DBN)

PG&E Restructuring: Here's What's Next
(DBN)

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Cannabis:

GenCanna Bankruptcy Judge Signs Off On $77M Sale
(DBN)

Hemp consulting company files for Chapter 11 bankruptcy
(DBN)

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Furniture:

Robert Levin Reaches Agreement To Buy Back Stores After Earlier Deal Fell Through
(DBN)

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Economy:

Fed's Powell says $600 billion Main Street Lending Program and remaining initiatives will begin by June
(DBN)

Fed’s Powell Rejects Senator’s Criticism of BlackRock Aid Role
(DBN)

Government predicts GDP will tumble by 38%, the greatest single drop in history
(DBN)

The government is bringing back a bond from the 1980s to pay off record deficit
(DBN)

Too Big to Fail: The Entire US Economy
(DBN)

US economy risks 'permanent damage' from long lockdowns, Mnuchin warns Mnuchin, Powell Push Differing Priorities Mnuchin and Powell Warn of Economic Scarring, and Offer Divergent Solutions 5 takeaways from the first Senate hearing on the coronavirus relief bill Fed Chair Warns Economic Recovery Could Be Hampered without More State Aid from Congress Democrat Sherrod Brown slams Trump's economic relief efforts and asks how many American lives are worth .5% of GDP
(DBN)

White House now predict swift economic recovery, despite warnings that major problems could persist
(DBN)

America’s Zombie Companies Are Multiplying and Fueling New Risks
(DBN)

U.S. Financial Conditions Are Easing at Fastest Pace in History
(DBN)

Coronavirus Impact On Business: Global Economy Could Lose As Much As $82 Trillion Over Five Years, British University Says
(DBN)

Layoff restrictions on government aid make ‘no sense whatsoever,’ Fertitta says
(DBN)

CBO Raises 2021 GDP Estimate, Remains Pessimistic on Job Market
(DBN)

Merrill: "Most of the slowdown occurred due to voluntary social distancing rather than lockdown policies"
(DBN)

Here’s how much trouble laid-off Americans are in — and why $1,200 stimulus checks are only a Band-Aid
(DBN)

Bank of America's CEO doesn't see the US economy fully recovering until the end of 2021 — but says credit damage has been surprisingly light
(DBN)

Trump's advisers are optimistic for a quick economic rebound, despite alarm over sky-high unemployment and wave of small business closures
(DBN)

Trump, GOP Leaders Bet on Reopening Over Stimulus for Recovery Washington probably won’t deliver another coronavirus aid package, says Republican senator Trump meets with Senate Republicans as Washington considers next coronavirus aid package
(DBN)

Trump privately opposed extending unemployment benefits for pandemic, sources say
(DBN)

Skittish Treasury Hobbles Small-Business Loan Plan
(DBN)

Mnuchin, Powell to be grilled by Congress over small business loans
(DBN)

We're doctors on the frontlines of the COVID-19 crisis. This is what we tell patients who want to know if it's safe to return to normal activities once government restrictions are lifted Reopening states aren't seeing an economic boom Texas, North Carolina, Arizona see rising cases as they reopen Is your city reopening after coronavirus lockdown? Scientists say avoid these places Cuomo Lets Albany Reopen, Cites ‘Great Progress’ on Long Island These Are the States That Haven't Yet Begun to Reopen FactCheck: “Since the reopening of (Georgia), we’ve seen our COVID rate skyrocket by 40%.” Economic activity is starting to recover. Officially 'reopening' actually doesn't make much difference Thousands at Yellowstone, No Masks in Sight Pro-Trump Doctors Lined Up to Push Reopening
(DBN)

States accused of fudging or bungling COVID-19 testing data
(DBN)

Scientists propose a 50 days on, 30 days off coronavirus lockdown strategy
(DBN)

Sen. Sherrod Brown inquires of Treasury’s Steven Mnuchin: ‘How many workers should give their lives to increase the GDP or the Dow Jones by a thousand points?’
(DBN)

Visa Says Majority of Employees Will Work From Home Rest of Year
(DBN)

Twitter Could End the Office as We Know It
(DBN)

Major tech companies are letting their employees work from home. But Apple thinks different.
(DBN)

Your boss is watching you: Work-from-home boom leads to more surveillance
(DBN)

Leaked Pentagon memo warns of 'real possibility' of COVID-19 resurgence, vaccine not coming until summer 2021
(DBN)

JPMorgan's Jamie Dimon joins Ray Dalio, Mark Cuban, and other billionaires sounding the alarm on inequality in the US Dimon says coronavirus crisis is ‘wake-up call’ to build fairer economy
(DBN)

‘Call it fate, call it karma’ — Why the coronavirus is merely ‘the final kick into the abyss’ for the U.S. economy
(DBN)

Apple and McDonald's are making operational changes that may limit their profits as they reopen
(DBN)

Citing 'greatest adversary' coronavirus, some U.S. Democrats want defense cuts
(DBN)

Nearly 4,000 Complaints About Workplace COVID-19 Hazards Filed to Watchdog
(DBN)

These are the top 10 global fallout scenarios from the coronavirus pandemic, according to a WEF survey
(DBN)

Trump Directs Federal Agencies to Cut Federal Regulations
(DBN)

US Essential Workers Demand Protection
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Bankruptcy Courts Authorize Debtors to Defer Post-Petition Rent Payments Amid COVID-19 Store Closures
(DBN)

Most real estate investment trusts are still getting their rent, except in the retail sector
(DBN)

Tricky Loan Clauses Can Create Disaster For A Property Owner That Waives Or Defers Rent
(DBN)

NY Executive Order Provides Relief for Tenants and Property Owners Impacted by Covid-19
(DBN)

MBA: Mortgage Applications Decreased, Purchase Applications up 6% Week over Week
(DBN)

Millions of people lost their jobs in hard-hit New England. Many fear their homes could be next.
(DBN)

When the Workout Doesn't Work—Enforcement of Commercial Mortgage Loans in California (Part 2: Foreclosures)
(DBN)

US housing starts fell by the most on record in April Housing Starts decreased to 891 Thousand Annual Rate in April US home building collapses 30% in April amid pandemic Comments on April Housing Starts
(DBN)

Regulators ease restrictions on homeowners who took mortgage bailout
(DBN)

Over 4 million Americans are now skipping their mortgage payments
(DBN)

Sacramento Housing in April: Sales decline 32% YoY, Active Inventory down 15% YoY
(DBN)

Pier 1, JC Penney: More Stores Are Going Dark
(DBN)

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Municipalities:

Small Alabama City Says It’s Broke, Files for Bankruptcy City of Fairfield files for bankruptcy amid coronavirus pandemic
(DBN)

What if Connecticut files for bankruptcy?
(DBN)

Large States Filing for Bankruptcy Unlikely, Fundamental Advisors CEO Says
(DBN)

Forewarned Is Forearmed: Tips And Pointers For Municipal Bond Workouts
(DBN)

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Oil/Gas:

Hornbeck Offshore files for Chapter 11 bankruptcy
(DBN)

Louisiana offshore co. brings $1.5B bankruptcy to Houston
(DBN)

Formerly Houston-based natural gas co. files for 2nd bankruptcy since 2016
(DBN)

Oil collapse: 'Right now everything I have is shut down'
(DBN)

Return of Car Traffic Fuels Surge in Oil
(DBN)

Few US oil and gas firms return small-business COVID-19 loans
(DBN)

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Food/Beverage:

Probability of default spikes for US restaurants amid coronavirus shutdowns
(DBN)

A pizza lover discovered that the local pizzeria she thought she'd ordered from was actually Chuck E. Cheese, highlighting a popular tactic that many restaurants use
(DBN)

Restaurant Charges 26% ‘COVID-19 Fee’ On Bills, Claiming Spike In Food Supply Prices
(DBN)

McDonald’s Workers Sue Claiming Virus Measures Falling Short
(DBN)

15 fast-food and restaurant chains you might see less of in 2021
(DBN)

Potbelly Expresses Concern Over Its Future as A Company
(DBN)

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Retailing:

Pier 1 is asking for approval to shut down its business and close all its stores Pier 1 Asks Bankruptcy Judge to Let It Begin Winding Down Pier 1 Liquidating And Sailing Off Into The Sunset
(DBN)

Why JC Penney Stock Is Going to Zero
(DBN)

Amazon Is Reportedly Eyeing Bankrupt J.C. Penney As Coronavirus Stokes M&A Activity
(DBN)

The Future Of JCPenney: A Look At Its Strengths And Weaknesses
(DBN)

How JCPenney’s e-commerce strategy ultimately faltered
(DBN)

The Key To JCPenney’s Survival Isn’t Closing Stores. It’s Becoming Relevant.
(DBN)

Number of small and specialty retailers will go under: Former Saks CEO
(DBN)

Walmart surges as earnings report shows its ecommerce business nearly doubled amid coronavirus
(DBN)

Walmart is considering testing its employees for the novel coronavirus and COVID-19 antibodies
(DBN)

Lowe’s shares soar after same-store sales surge 11.2%
(DBN)

Kohl's CEO said it has a big advantage because its stores are 'naturally built for social distancing' and mostly aren't in malls Kohl’s CEO says this is the ‘low point’ of 2020, as margins take a hit from coronavirus Kohl's exits Jennifer Lopez, other women's brands as losses mount
(DBN)

Is the customer always right if they refuse to wear a mask?
(DBN)

Fitch Heat Map Predicts Negative Retail Impact in Re-Lockdown Scenario
(DBN)

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M&A:

Q&A: Distressed M&A
(DBN)

Q&A: MAC clauses in M&A
(DBN)

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Gamblers:

Gamblers drive hours and wait in lines, as casinos reopen amid coronavirus
(DBN)

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Religion:

CDC: Arkansas coronavirus outbreak linked to church services
(DBN)

Catholic church closes after priests get coronavirus
(DBN)

Two churches reclose after faith leaders and congregants get coronavirus
(DBN)

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Agribusiness:

The government has earmarked billions to help farmers. There will be winners and losers.
(DBN)

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Coal:

America's Renewables Take Hold as the Coal Industry Enters Downward Spiral
(DBN)

How Democrats Can Win Coal Country—and the 2020 Election
(DBN)

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Hotels:

JW Marriott is latest hotel at risk of default
(DBN)

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Autos:

Hertz wants to keep European business solvent as it eyes US bankruptcy
(DBN)

VW Pays 9 Million Euros to Stop CEO Probes
(DBN)

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Religion:

Rochester Diocese’s bankruptcy case unaffected by CVA extension
(DBN)

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Theatre:

Shakespeare’s Globe Theatre May Be Another Coronavirus Casualty
(DBN)

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Transit:

CDC adopts guidelines for transit reopening
(DBN)

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Satellites:

OneWeb sale a real-life Game of Thrones
(DBN)

OneWeb seeking to curb employee losses through extra paychecks
(DBN)

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Batteries:

COVID-19 Drives Battery Maker Exide Back Into Bankruptcy
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

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DIP Finance:

Impact of COVID-19 on the DIP financing market in the US
(DBN)

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Bankruptcy Strategy:

Bankruptcy Is Tough and Costly And Might Be Your Only Option
(DBN)

Key Insights and Suggested Practices for Use of Structured Dismissals In Chapter 11
(DBN)

Bankruptcy During Covid-19: Three Expedited Options
(DBN)

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Bankruptcy Reform:

CARES Act expands small business access to less expensive, quicker bankruptcy option
(DBN)

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Government Contracts:

The Intersection of Government Contracts and Bankruptcy Law in the Era of COVID-19
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Insiders:

Who is a “Non-Statutory Insider” for Purposes of Determining Whether a Payment Was Preferential in Bankruptcy?
(DBN)

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Bankruptcy Remoteness:

In re Pace Industries, LLC: Minority Shareholder with Bankruptcy Consent Rights Considered Controlling Minority Shareholder with Fiduciary Duties
(DBN)

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Labor:

Top 10 Employment and Employee Benefit Issues in US Bankruptcy Cases
(DBN)

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Antitrust:

What Bankruptcy Counsel Need to Know About Antitrust Law: Nothing Is Free and Clear
(DBN)

Merger control: distressed M&A in the time of COVID-19
(DBN)

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Climate:

Study finds world's daily carbon emissions fell 17% in April
(DBN)

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Motorcycles:

Harley Davidson is Killing Itself
(DBN)

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Debt Collection:

New York State Trial Court Holds That Moratorium on Foreclosures Does Not Bar UCC Foreclosure
(DBN)

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Healthcare:

Three In Four Americans Agree Universal Healthcare Is Needed During Coronavirus Pandemic
(DBN)

Erie doctor facing MRSA lawsuits files for bankruptcy
(DBN)

Many Americans live in places with no coronavirus test sites
(DBN)

Covid-19 Kills 20 Times More People per Week on Average than Flu, Scientists Estimate Study: COVID-19 Much Deadlier Than Flu; 1.3% Death Rate Among Symptomatic Patients
(DBN)

Study: Elderly covid-19 patients on ventilators usually do not survive
(DBN)

New York Reports Lowest Number of Daily Coronavirus Deaths Since March as State Rolls out Phased Reopening New York’s coronavirus outbreak is back to where it started, Gov. Andrew Cuomo says
(DBN)

NYC Coronavirus Zip Code Map Reveals Disparities in Death Rates
(DBN)

Cities Where Covid 19 is Growing the Fastest
(DBN)

Defunding or quitting the World Health Organization won't fix it - or solve covid-19
(DBN)

In leaked audio, Sen. David Perdue compares the risks of Covid-19 to car crashes
(DBN)

Why meatpacking plants have become coronavirus hot spots
(DBN)

CDC tracks cluster of coronavirus cases in rural Arkansas to church
(DBN)

Schumer: Other Countries Could Withhold COVID-19 Vaccine After Trump Rebuke
(DBN)

Vice President Mike Pence Breaks With Donald Trump, Is Not Taking Hydroxychloroquine FDA appears to soften stance on hydroxychloroquine after Trump says he takes it The Risks of Trump’s Hydroxychloroquine Hype Trump attacks study, defends using malaria drug for COVID-19
(DBN)

LA: Rate of Positive Test Results Drops Dramatically Nearly 5% of L.A. County residents might already have have coronavirus, study shows
(DBN)

The only neighborhoods in New York City untouched by COVID-19 fatalities happen to be near Wall Street
(DBN)

Wealthy New Yorkers fled the city when the coronavirus outbreak started. New data shows where they went — and which neighborhoods emptied out the most.
(DBN)

Anti-mask protesters are trying to commandeer US disability laws to get into stores without face coverings
(DBN)

Covid-19 Patients Shed Coronavirus for 17 Days on Average, Study Finds
(DBN)

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Fraud:

Texas man charged with allegedly seeking $5 million in SBA coronavirus loans
(DBN)

Mom Sentenced in College Admission Scandal
(DBN)

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Student Debt:

The stimulus law’s student loan payment freezes, explained
(DBN)

The CARES Act: Paying It Forward To Solve Student Debt
(DBN)

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Sovereigns:

World Bank chief frustrated by private creditors on poor country debt relief
(DBN)

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UK:

The £1bn 'corona cover con': Insurance black hole leaves thousands of firms facing ruin despite policies designed to protect against contagious diseases
(DBN)

McDermott Meets Growing Demand in Debt Financing with Addition of Two Leading Finance Partners in London
(DBN)

Latham & Watkins Adds Experienced Restructuring Partner in London
(DBN)

Fall in insolvency figures does not present reality of coronavirus crisis warns expert
(DBN)

What do the insolvency statistics say about the impact on UK businesses post-lockdown?
(DBN)

Why Boris Johnson Is Stuck in Lockdown Mode
(DBN)

UK blames scientists for 'wrong advice' on pandemic
(DBN)

UK minister sparks blame game over coronavirus policy mistakes
(DBN)

Air bridges for holidaymakers to avoid UK’s quarantine could open to Greece, Italy, France and Germany
(DBN)

Boris Johnson Under Pressure to Be More Open on Virus Strategy
(DBN)

Edinburgh Fringe Festival facing insolvency due to coronavirus crisis
(DBN)

Are Britain's banks strong enough for coronavirus?
(DBN)

Outbreak hits Britain's minority doctors hard
(DBN)

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Canada:

Canada's Reitmans seeks bankruptcy protection as COVID-19 shuts stores 'This pandemic has left us no choice': Reitmans to seek creditor protection
(DBN)

Ontario to Close Schools Through June; Summer Camps Won’t Open
(DBN)

U.S., Canada Agree to Extend Border Closure for 30 Days
(DBN)

Canadian Heavy Hauler ENTREC Obtains Creditor Protection, Plans Bankruptcy
(DBN)

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France:

France sees virus cases in schools as they reopen
(DBN)

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Germany:

German investor morale improves on hopes for economic turnaround
(DBN)

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China:

China outplayed the world on the day it was meant to face a reckoning over its coronavirus response
(DBN)

Chinese City of 700,000 Under Lockdown as New Coronavirus Cases Discovered
(DBN)

Millions of Newly Jobless in China Pose a Looming Threat to Xi
(DBN)

Court case threatens to shake up $100 billion in Chinese dollar bonds
(DBN)

Business group cautions U.S. on 'reshoring' too much China supply
(DBN)

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India:

‘Material Adverse Change’ – How Covid crisis threatens to disrupt India’s bankruptcy process
(DBN)

India’s virus cases cross 100,000, jump at fastest pace in Asia
(DBN)

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Kenya:

Kenya Plans $503 Million Economic Stimulus to Battle Virus
(DBN)

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Netherlands:

The Netherlands to Allow Bars, Restaurants to Reopen From June 1
(DBN)

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Sweden:

Sweden recorded the most coronavirus deaths in Europe per capita over the past week, according to Oxford data
(DBN)

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Venezuela:

Venezuelans Defy Lockdown and Growing Epidemic to Return to Work
(DBN)

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Brazil:

Ventilators Missing, Government in Chaos as Brazil Battles Virus
(DBN)

Trump ‘considering’ travel ban after Brazil suffers deadliest coronavirus day on record
(DBN)

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Australia:

Seeking safe harbour from the COVID-19 pandemic: A primer for directors
(DBN)

FOMO festival goes into liquidation leaving creditors in $5 million hole
(DBN)

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South Africa:

South Africa to Begin Phased Reopening of Schools From June 1
(DBN)

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Argentina:

Creditors, government still far apart on debt offers as deadline looms 'Meters apart': Argentina edges toward deal with creditors but work remains Argentina having 'constructive' dialog with creditors - economy minister Argentine government negotiating creditors' counteroffers ahead of Friday deadline On the brink of default, Argentina says there’s a ‘big chance’ its May 22 deadline will be extended
(DBN)

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Sweden:

Sweden in ‘Very Deep Economic Crisis’ Despite Soft Lockdown
(DBN)

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