May 5, 2020

The Daily Bankruptcy News

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Law:

Law firms are seeing major slowdown in business because of COVID-19, data shows
(DBN)

New York Law Firm Cuts Jobs Amid Pandemic
(DBN)

Am Law 100 Firm Cuts Pay For All To Avoid COVID-19 Layoffs
(DBN)

The New York Bar’s Misguided Discrimination Against Out-Of-State Law Schools
(DBN)

Wake Up Call: Covid-19 Spurs Demand for Contract Lawyers, Recruiters Say
(DBN)

Weil Nabs First Big Retail Bankruptcy of Pandemic Era as J. Crew Succumbs to Chapter 11
(DBN)

Cuomo Offers 4-Phase Plan to 'Reopen' NY, With Professional Services in Step 2
(DBN)

Biglaw Partner So Peeved By Pro Bono Assignment He Hits Reply All To Whine About It
(DBN)

Finance & Restructuring Growth Continues at Paul Hastings with Notable Partner Addition in London
(DBN)

COVID-19 Humor, And The Things That Have Changed Forever
(DBN)

Smaller, Higher-Tech and One-Way: Welcome to the Law Firm Office of the Future
(DBN)

House Judiciary Republicans demand FBI investigation of Flynn case
(DBN)

The pandemic has amplified ageism. 'It's open season for discrimination' against older adults
(DBN)

Woman arrested for licking spree
(DBN)

Fever-reading drones just first of a wave of privacy challenges, civil liberties advocates say
(DBN)

Cameras to monitor masks and social distancing
(DBN)

Police probe shooting of security guard in confrontation over mask at Family Dollar • 3 charged in killing of store security guard over virus mask
(DBN)

City Ends Requirement for Customers to Wear Masks, Says Employees Were Threatened with Violence
(DBN)

Man wipes nose on clerk after being asked to wear mask
(DBN)

Man wears KKK hood while grocery shopping in California
(DBN)

Woman Allegedly Licked Her Hands and Touched Food at a Grocery Store
(DBN)

Violent arrest raises concerns about NYPD distancing patrols
(DBN)

Federal judge tosses unequal pay claims by US women’s soccer team, allows other claims
(DBN)

Golf Course Owner's Supreme Court Brief Calls COVID-19 'Mild Illness,' Says State Must Reopen for 'Herd Immunity'
(DBN)

Lawyer Who Filed a Slew of Defamation Lawsuits for Devin Nunes May Face Sanctions
(DBN)

Man Fatally Shot Roommate During ‘Combat Simulation’ in Their Home, Cops Say
(DBN)

Sanctions Recommended for Lawyer Who Used Trump's Election to Justify Offensive Comments
(DBN)

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Judges:

Coronavirus Economy Disrupts Bankruptcy Process
(DBN)

Supreme Court to hear 2 cases about when religious employers can ignore civil rights laws
(DBN)

Clarence Thomas Speaks During Supreme Court’s First Ever Remote Oral Arguments • 'Famously Silent' Justice Clarence Thomas Stuns by Asking Questions During Live Oral Arguments
(DBN)

SCOTUS Livestream Debut Suggests Smooth Phone Arguments to Come
(DBN)

Judge says Kirkland & Ellis ‘should be embarrassed’ by its subpoena response
(DBN)

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Wall Street:

Dow futures jump 200 points as oil prices increase for a fifth-straight day on reopening of economy
(DBN)

The S&P 500 ekes out a small gain to start the week, supported by strength from big tech • Here’s what happened to the stock market on Monday
(DBN)

Stocks will likely be trapped in a 'fat and flat' range until pandemic-led economic fallout fades, Goldman says
(DBN)

Halfway into earnings season, company profits head for their worst fall since 2009
(DBN)

Morgan Stanley’s Legal Chief Is Highest-Paid Lawyer on Wall Street
(DBN)

Carson Block Says Stocks Will Sink, Valuations Make No Sense
(DBN)

Wall Street’s Elite Bond Club Is Cracking at the Worst Possible Time
(DBN)

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Layoffs:

Hard Rock Cafe lays off nearly 200 employees in Tennessee
(DBN)

Rolls Royce Braces for Turmoil With 8,000 Jobs on the Line
(DBN)

Benefitfocus lays off 250 people
(DBN)

United Launches Plan To Cut At Least A Third Of Its Pilots
(DBN)

United Air to cut at least 30% of managers, administrative staff
(DBN)

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Taxis:

Uber may require masks for all US drivers and riders
(DBN)

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Autos:

BEA: April Vehicles Sales decreased to 8.6 Million SAAR, Lowest in 50 Years
(DBN)

Wholesale Used Vehicle Prices See Historic Fall in the First Half of April
(DBN)

Hertz Prepares to File Bankruptcy If Monday Deadline Is Missed • Hertz Reportedly Hires Another Adviser for Bankruptcy Preparations • Hertz Plummets Amid Reports Company Could File For Bankruptcy This Week • Hertz on the brink hires bankruptcy attorneys as bills come due • Why Carl Icahn’s Hertz near bankruptcy while rival Avis stays afloat
(DBN)

Hertz Bankruptcy Could Lead To Rental Fire Sale Dealing Massive Blow To Used Car Market
(DBN)

Avis Budget Q1 Loss Widens
(DBN)

Ferrari is now worth more than General Motors and Ford
(DBN)

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Healthcare:

Coronavirus Causes Damaging Blood Clots From Brain to Toes
(DBN)

'COVID toes' are emblematic of how much is still unknown about the disease
(DBN)

How Covid 19 Really Spread
(DBN)

As Virus Deaths Grow, Two Small Nations Keep Fatality Below 0.1%
(DBN)

Coronavirus spares one neighborhood but ravages the next. Race and class spell the difference.
(DBN)

CDC privately projects significant May surge in coronavirus cases and deaths
(DBN)

For insurers, rising unemployment a more pressing concern than Covid-19 costs
(DBN)

Georgia’s COVID-19 death toll increases to 1,165; cases nearly reach 27.5K
(DBN)

USS Theodore Roosevelt sailors still showing virus symptoms despite month of isolation
(DBN)

Can children spread the coronavirus? It’s complicated.
(DBN)

WHO says it will engage US to make remdesivir coronavirus treatment more widely available • US government will decide where remdesivir goes amid coronavirus pandemic, drugmaker says
(DBN)

World leaders pledge to fight coronavirus, but the U.S. skips the meeting
(DBN)

Virus stats: Brazil, Russia, India in trouble
(DBN)

Contact tracing, explained
(DBN)

Isolated by oceans: Hawaii, other islands tamp down virus
(DBN)

USAA chief: Coronavirus ‘cabin fever’ may be behind car crash uptick after decline
(DBN)

Chart: The coronavirus pandemic, state by state
(DBN)

Fear of coronavirus propels some smokers to quit
(DBN)

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Food/Beverage:

Costco is limiting how many meat products shoppers can buy as processing plant closures spur fears of a nationwide meat shortage • Grocery stores like Kroger and Giant Eagle are beginning to limit meat purchases at some locations
(DBN)

COVID-19: Impacts on the U.S. Food Industry
(DBN)

Limit on meat purchases in supermarkets causing consumers to head to farms, butchers
(DBN)

Meatpackers Cautiously Reopen Plants
(DBN)

Experts say meat processing plants are the next coronavirus hotspots in America, as Trump orders slaughterhouses to stay open
(DBN)

The closure of meatpacking plants will lead to the overcrowding of animals. The implications are horrible.
(DBN)

More than 370 workers at a pork plant in Missouri tested positive for coronavirus. All were asymptomatic
(DBN)

Nearly 400 employees at a Missouri pork plant tested positive for COVID-19. All of them were asymptomatic.
(DBN)

Local bars, restaurants face extinction – and government needs to step up
(DBN)

Meat Shortages Leave Wendy’s Diners Asking, ‘Where’s the Beef?’
(DBN)

Tyson Foods craters 9% on disappointing earnings, forecast for continued packaged-meat shortages
(DBN)

‘It’s can or die’ for Bay Area breweries, as beermakers reckon with bar closures
(DBN)

‘I Am Preparing For This Possibility of Going Bankrupt and Belly Up’
(DBN)

Meal-Kit Business Booms in Lockdowns
(DBN)

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Coal:

Local Governments Asking Insurers to Cut Ties to Coal
(DBN)

Top Coal Miner Seeks Loans as Lockdown Saps Payments
(DBN)

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Trucking:

U.S. Heavy Truck Sales down 54% Year-over-year in April
(DBN)

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Politics:

From “it will disappear” to 100,000 deaths: Trump’s coronavirus projections have shifted dramatically
(DBN)

Schumer: Fauci may testify before Senate next week
(DBN)

Trump needs two electoral blocs to win. The pandemic is driving a wedge between them.
(DBN)

Trump Unveils Pitch for Make America Great 2.0
(DBN)

Trump responds to Bush’s call for bipartisan unity with tweets attacking his enemies • How George W. Bush exposed Trump's biggest failure
(DBN)

Trump rarely shows empathy in coronavirus crisis
(DBN)

Doug Sosnik sees "the coronavirus election" tilting against Trump
(DBN)

Senate secretary says it does not have authority to release Biden records on Tara Reade
(DBN)

Biden's 'Delaware records' are going to be the 'Clinton's missing emails' of 2020
(DBN)

Mike Pence: "I should've worn a mask" when visiting Mayo Clinic
(DBN)

Trump Offers Lie After Lie Under Lincoln’s Unblinking Gaze
(DBN)

GOP State Lawmaker Came Up with a Really Unique Religious Excuse for Not Wearing a Mask
(DBN)

Poll: Ernst lead evaporates in Iowa Senate race
(DBN)

Has Cuomo become America's favorite politician? The New York governor's favorability rating soars to 77% - even among 53% of Republicans
(DBN)

Governors stepped to forefront as Washington stumbled
(DBN)

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Economy:

How April's jobs report will help to size up the economy
(DBN)

Mass unemployment is a choice. A federal job guarantee could eliminate it.
(DBN)

Personal Spending Started Decline in March
(DBN)

Global Factory Output Plunges, With Slow Rebound Projected
(DBN)

US Treasury seeks to borrow a record $3 trillion this quarter
(DBN)

U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars
(DBN)

Is the Recession Already Over?
(DBN)

Dealing With Pandemic Debt Will Mean Breaking Some Taboos
(DBN)

Pay Cuts Are Better Than Layoffs in This Recession
(DBN)

Mohamed El-Erian warns the Fed supporting junk bonds could eat away at 'what makes America special,' and create a new generation of 'zombie companies'
(DBN)

Fed enters a risky new world with 'Main Street' loan program
(DBN)

Some Companies Began Preparing for a Downturn Before the Pandemic
(DBN)

Buffett cautions on ‘extreme consequences’ from the Fed’s recent moves
(DBN)

The White House signals a pause on coronavirus aid, even as the economic situation becomes more urgent
(DBN)

Steve Case calls on Congress to provide more relief to start-ups
(DBN)

The Trump administration is privately predicting the daily coronavirus death toll will almost double over the next month, with new infections increasing from 25,000 per day to 200,000 • Trump says secret FEMA chart warning death toll will hit 3,000 a day by June 'is false' despite key COVID-19 model nearly doubling original fatality projections to 134,000 • A model cited repeatedly by the White House almost doubled its predicted US deaths because of 'premature relaxation of social distancing' • 3 possible futures for the pandemic (and a scary projection)
(DBN)

Where The Latest COVID-19 Models Think We're Headed — And Why They Disagree
(DBN)

Reopening is a risk for Republican governors
(DBN)

Reopening the Economy Would Add 233,000 Deaths by July but Save Millions of Jobs • Trump cheers on governors as they ignore White House coronavirus guidelines in race to reopen • As lockdowns lift, 'second wave' concerns grow • Cuomo compares pandemic to 1918 flu, 'second wave was worse' • California Gov. Gavin Newsom says some businesses will reopen Friday, with conditions • California to allow some retailers to reopen as state scales up tracing program • Gavin Newsom announces California will enter Stage 2 of reopening Friday • A Mayor Accepts a Nightmare: The COVID Tests Won’t Come • Utah starts to reopen as number of coronavirus cases continues to rise • TX: 'It was a jungle out there': Port Aransas local takes photos of crowded beach • Five days after reopening, South Beach park closes as crowds defy face mask order • On Reopening: We’ve Just Seen The Iceberg’s Tip • Texas Leads The Nation In Reopening Its Economy • Texans Brace for Covid 19 Explosion • Looking back on locking down
(DBN)

Trust in governments is up during pandemic but people are disappointed with CEOs
(DBN)

Poll: Coronavirus Worries are Fading
(DBN)

Don’t Expect the Global Economy to Bounce Back Quickly, OECD’s Boone Says
(DBN)

Unemployment benefits will be reduced after July 31
(DBN)

How Many are Waiting on Stimulus Checks?
(DBN)

California becomes first state to borrow from U.S. to make unemployment payments
(DBN)

American public space, rebooted: What might it feel like?
(DBN)

'It makes zero sense': Mark Cuban calls for US to scrap tariffs on Chinese goods as coronavirus hits household budgets • Cramer: You Can't Raise Tariffs in Depression
(DBN)

Trump Threatens to Kill New China Trade Deal
(DBN)

Trump Moves to Rip Up China Supply Chains
(DBN)

Forgiveness remains uncertain as businesses continue to seek a PPP loan
(DBN)

Scientists Say A Vaccine For COVID-19 Could Still Be Far Off
(DBN)

Pfizer begins human testing for experimental coronavirus vaccine in the US
(DBN)

Global Vaccine Drive Gets $8 Billion, but US Passes
(DBN)

Goldman Sachs says the global economy has likely bottomed out already as coronavirus lockdown efforts pay off
(DBN)

BNP Paribas warns of three ‘major negative impacts’ from the coronavirus
(DBN)

Paul Constant: Trump's economic policy failed us amid the pandemic
(DBN)

'The era of tax cuts is over': The wealthy US 'investor class' will have to pick up the tab for coronavirus stimulus, Guggenheim co-chair says
(DBN)

'That's just the way it happens:' Agriculture Secretary Sonny Perdue defends the trade war bailout that mostly benefited wealthy farmers
(DBN)

The coronavirus pandemic has shown that the trickle-down theory of economic growth is a fabrication
(DBN)

For Disney, a Stricken Empire
(DBN)

Scott Galloway predicts Amazon will be the fastest-growing healthcare company by 2025 and many US universities may never reopen, and he says the best time to start a business is in the depths of a recession
(DBN)

Rich are Buying Pandemic Passports
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

How co-working spaces could succeed in the post-pandemic world
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Increases to 7.54%" of Portfolio Volume
(DBN)

Black Knight Mortgage Monitor for March; Discussion of Forbearance Plans • Possible Scenarios for the Number of Forbearance Plans
(DBN)

Banks have the biggest share of mortgages in forbearance
(DBN)

Fannie Mae already has 1 million mortgages in forbearance, but thinks that number may double
(DBN)

Fannie Mae, Freddie Mac are preparing to cover servicers’ advances on loans in forbearance
(DBN)

Elon Musk’s lavish LA mansions listed for sale after pledge to ‘own no house’
(DBN)

Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store
(DBN)

Retail Reits Do Battle With A New Enemy
(DBN)

Luxury Home Prices From Hong Kong to Vancouver Will Fall Sharply, Knight Frank Says
(DBN)

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Municipalities:

State Bankruptcies May Still Be a Long Shot, but Big Law Is Ready
(DBN)

Schenectady mayor: it's cuts, extra federal aid - or bankruptcy
(DBN)

The next covid-19 victim? Public pension funds.
(DBN)

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Oil/Gas:

'Like watching a train wreck': The coronavirus effect on North Dakota shale oilfields
(DBN)

Half of oil producers say bankruptcy likely, a quarter of workers laid off
(DBN)

Total’s net profit falls 35% in the first quarter as oil prices slide
(DBN)

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Retailing:

JC Penney tries to stop Sephora from pulling out of the troubled chain’s stores
(DBN)

J. Crew has filed for bankruptcy but says nothing is changing for shoppers • J. Crew takes cover in Richmond bankruptcy court • Financially troubled pre-virus, J. Crew files for bankruptcy • J.Crew files for Chap. 11 as pandemic chokes retail • J Crew enters bankruptcy, weighed down by US$2 billion of debt • The Twitter response to J.Crew filing for bankruptcy has been savage — but it has a point • J. Crew Files For Bankruptcy Protection As COVID-19 Pushes Retailers To The Brink • J.Crew Says Bankruptcy Is the Reset it Needs. But There Actually Has to Be a Reset • J.Crew Files For Bankruptcy Amid Pandemic, Will Reopen Stores Once Lockdowns Lift • The World Doesn’t Need J. Crew • How America fell in and out of love with J. Crew • J. Crew Is Also Bankrupt in Terms of Identity
(DBN)

Why These Struggling Retailers Could Soon Follow J.Crew in Filing Bankruptcy
(DBN)

Report: Neiman Marcus nearing bankruptcy deal
(DBN)

Some retailers too broke to go bankrupt
(DBN)

Victoria’s Secret Ends Tie-Up With Sycamore As Coronavirus Deepens Go-Alone Woes
(DBN)

Longtime Amazon VP Tim Bray just quit in dismay, calling the company 'chickensh--' for firing workers who organized • Amazon engineer quits after he ‘snapped’ when the company fired workers who called for coronavirus protections
(DBN)

Jeff Bezos 'could see wealth surge' as coronavirus drives Amazon fortune
(DBN)

J. Hilburn files for bankruptcy
(DBN)

Amazon Wins Business From Reluctant Brands After Virus Closes Stores
(DBN)

What's shopping in a pandemic like? Drive to your local mall
(DBN)

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Tourism:

‘Safe’ Becomes Rural Tourism Pitch to a Distancing Public
(DBN)

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Religion:

Archdiocese has clear message in bankruptcy hearing: 'We need to continue on'
(DBN)

After 1st bankruptcy hearing, Archdiocese of New Orleans is told whom it can, can't pay for now
(DBN)

Buffalo diocese seeks halt to outstanding sex abuse lawsuits
(DBN)

Kentucky can’t ban drive-in church services if health precautions are followed, 6th Circuit says
(DBN)

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History:

New York Fed Paper Finds Pandemic a Century Ago Fueled Nazi Rise
(DBN)

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Personal Finance:

Start thinking bankruptcy now, not later
(DBN)

No, Your Retirement Savings Haven’t Been “Decimated”
(DBN)

What can you do with $1,200? Here's how 7 women are spending their stimulus checks.
(DBN)

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Sports:

ESPN Finds a Sport – Will Air South Korean Baseball Games
(DBN)

Special report: Baseball in America
(DBN)

When Will Sports Come Back?
(DBN)

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Education:

Colleges gamble on reopening this fall
(DBN)

Paranoia about cheating is making online education terrible for everyone
(DBN)

Will schools be open in September? We asked several experts to weigh in
(DBN)

Six Ways To Keep American Universities Alive
(DBN)

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Nursing Homes:

At least 15 states grant lawsuit protection to long-term care facilities during pandemic
(DBN)

'It makes no sense': Feds consider relaxing infection control in US nursing homes
(DBN)

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Newspapers:

Newspaper’s Top Editor Is Now a ‘Homeless’ Blogger
(DBN)

McClatchy says it has agreement with key creditors on procedure, timeline for potential sale
(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 (40 new filings today)
(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:

Total April Bankruptcy Filings Fall 46 Percent over Last Year, Commercial Chapter 11s Increase 26 Percent
(DBN)

Planning for an American Bankruptcy Epidemic
(DBN)

Toledo: Bankruptcy filings fall in April to lowest level in 5 years
(DBN)

These 27 retailers could file for bankruptcy as pandemic roils the industry
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Finance:

Chapter 11 Debtors Clash with The SBA Over PPP Eligibility
(DBN)

Bankruptcy Debtors Push Back on Restricted Access to SBA’s Paycheck Protection Program with Mixed Results
(DBN)

Judge lets 2 bankrupt Maine hospitals apply for stimulus program that denied them
(DBN)

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Contracts:

Force Majeure Clauses Hard to Invoke, Even in Pandemic
(DBN)

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Litigation:

Introduction to Bankruptcy Litigation
(DBN)

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Bankruptcy Strategy:

Finding Hidden Value at the Bankruptcy Court
(DBN)

Can Bankruptcy Help Businesses Survive COVID-19?
(DBN)

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Aviation:

Bankruptcy and Aircraft Finance
(DBN)

'Big 4' airline stocks plummet after Warren Buffett revealed that Berkshire Hathaway dumped them in April
(DBN)

GE stock tanks 5% after aviation unit announces it will cut 13,000 jobs this year as coronavirus halts air travel
(DBN)

$12 to Fly One of World’s Busiest Routes Shows Cost of Recovery
(DBN)

Will international travel resume this year? Treasury Secretary Mnuchin says it's 'too hard to tell'
(DBN)

For imperiled airlines, it keeps getting worse
(DBN)

Lufthansa Group wants financial help without ceding influence
(DBN)

Lufthansa CEO Faces Anxious Investors as Bailout Talks Continue
(DBN)

Airline SAS agrees credit facility backed by Sweden, Denmark
(DBN)

Ryanair Sues EU to Cancel Sweden’s $493 Million Airline Rescue
(DBN)

Norwegian’s Future Remains Uncertain Despite Shareholders Approving Crisis Plan
(DBN)

EU approves 7 billion euros in French state aid to Air France
(DBN)

Air France-KLM union tensions surface in bailout's wake
(DBN)

How Travel Will Change in Coming Years
(DBN)

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Fraud:

Fraud Investigations and Complex Asset Recovery
(DBN)

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Pensions:

America's Broken Retirement System
(DBN)

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Climate:

Last Month Matched Warmest April on Record
(DBN)

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Fitness:

Gold's Gym has filed for bankruptcy protection after closing locations amid the coronavirus outbreak
(DBN)

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Costumes:

Rubie's Costume Co. seeks Chapter 11 bankruptcy protection
(DBN)

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Cruise Lines:

Carnival to restart some U.S. cruises on Aug. 1
(DBN)

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UK:

Is Presenting A Winding Up Petition Too Much Of A Risk (UK)?
(DBN)

U.K. Government Quarantined Fewer Than 300 Prior to Lockdown
(DBN)

U.K. Services Hit a Wall in April, Deepening Virus Malaise
(DBN)

U.K. Scientists Advised Ministers to ‘Gradually’ Ease Lockdown
(DBN)

Boris Johnson Seeks Path Between Friends and Foes to End U.K. Lockdown
(DBN)

Hot-desking banned, separate with screens, canteens closed and over-70s and the obese working from home under leaked plans to reopen offices that could remain in place for a year
(DBN)

Weekly Deaths in England and Wales Drop But Care Homes Suffer
(DBN)

U.K. Car Sales Plummet 97% in April for Worst Month Since 1946
(DBN)

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EU:

Bankruptcy Tourism and the European Union’s Corporate Restructuring Quandary: The Cathedral in Another Light
(DBN)

Germany’s New Coronavirus Cases Fall for the Fifth Straight Day
(DBN)

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PIIGS:

Spain and Italy try reopening their economies amid the coronavirus
(DBN)

Spanish Jobless Claims Surge for Second Month in April
(DBN)

Spain: Bankruptcy proceedings: latest measures to face the crisis resulting from COVID-19
(DBN)

Spain Coronavirus Cases, Deaths Steady Near Pre-Confinement Levels
(DBN)

Naples Feels the Cost of Italy's Lockdown
(DBN)

Irish Banks Again Europe’s Worst Performer as Crashes Pile Up
(DBN)

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Canada:

There's been no spike in personal and business bankruptcies, but surge is expected this fall
(DBN)

Canada succeeded on coronavirus where America failed. Why?
(DBN)

Coronavirus Sends Toronto’s Housing Market Reeling in April
(DBN)

BMO says 80% of employees May switch to blended home-office work
(DBN)

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Sweden:

Architect of Sweden's no-lockdown still has doubts
(DBN)

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Thailand:

Guide to Bankruptcy Law in Thailand 2020
(DBN)

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Jamaica:

As Latin America and Caribbean seek to reopen economies, Jamaica offers cautionary tale
(DBN)

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Ecuador:

IMF confirms $643 million in aid for Ecuador, says more support needed
(DBN)

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Hong Kong:

Hong Kong’s Resolution Regime For Financial Institutions - Some Key Issues.
(DBN)

Hong Kong Retail Faces Record Weakness as China Consumers Vanish
(DBN)

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Iceland:

With testing, Iceland claims major success against COVID-19
(DBN)

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MENA:

Saudi Arabia's $500 Billion Megacity Dream Clashes With Reality • Moody's cuts Saudi Arabia's credit outlook to negative, cites oil-price shock driven by coronavirus
(DBN)

Ten Reasons why you should not consider filing for Bankruptcy
(DBN)

Jordan Agrees to $400 Million Loan From IMF
(DBN)

Israel Will Reopen Malls to Revive Economy as Virus Cases Drop
(DBN)

Three of Arab World’s Top Economies Slide
(DBN)

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China:

Internal Chinese report warns Beijing faces Tiananmen-like global backlash over virus–sources
(DBN)

Dr Fauci says there’s ‘No evidence’ coronavirus was created in Wuhan laboratory • WHO: No evidence from U.S. on Wuhan lab as coronavirus origin • US allies rebut theory that virus came from Wuhan lab
(DBN)

EU to Propose Investigation Into Virus Origins, Australia Says
(DBN)

Rising US-China tensions mark ‘a new Cold War,’ says former Trump trade official
(DBN)

Senior Trump Aides Ease Up on China Pressure
(DBN)

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India:

Coronavirus could set back India’s economic recovery as banks worry about bad loans
(DBN)

There Could Be Severe Consequences to Suspending India's Insolvency and Bankruptcy Process
(DBN)

India's Reopening Is a Multi-Colored Mess
(DBN)

India’s Jobless Rate Jumps to 27.1%, Survey Says
(DBN)

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France:

French hospital discovers Covid-19 case from December
(DBN)

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New Zealand:

COVID-19: Insolvency relief in sight for companies
(DBN)

Christchurch City Council's financial crisis worse than feared
(DBN)

How New Zealand’s ‘eliminate’ strategy brought new coronavirus cases down to zero
(DBN)

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The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
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