November 12, 2020

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

Cuts in lawyer head count and expenditures ‘buoyed profitability metrics’ at law firms, report says
(DBN)

Ex-partner’s bias suit alleges he was told Black lawyers left because they can’t handle BigLaw
(DBN)

Baker McKenzie kicks off BigLaw bonus season; how much will its associates receive?
(DBN)

Biglaw Bonus Season Comes Early (And No, It’s Not Cravath!)
(DBN)

Clients Wary of Higher Fees as Law Firms Give ‘Pandemic Bonuses’
(DBN)

Law Firms Should Skip Attorney Reviews This Year
(DBN)

Am Law 50 Firm Offers Retroactive Pay For All, Plus Amazing Benefits For Lawyers Who Became Caretakers During Pandemic
(DBN)

Jones Day To Prepare For A Bad PR Campaign The Likes Of Which They’ve Never Seen Before
(DBN)

Yesterday Was The Day America Learned What We’ve Known About Jones Day All Along
(DBN)

Tying Pay to Diversity Targets, Baker Donelson Builds In Accountability Metrics
(DBN)

Doug Emhoff Leaves DLA Piper Partnership as Biden-Harris Transition Continues Who is Doug Emhoff? Quick facts to know about VP-elect Kamala Harris' husband Harris’ husband, Doug Emhoff, poised to break stereotypes Doug Emhoff Leaves DLA Piper Partnership For White House Role As ‘Second Gentleman’
(DBN)

Partner Promotion Decisions May See Long-Term Impact From 2020
(DBN)

Do Controversial Clients Hurt Young Lawyer Recruitment?
(DBN)

Representing GOP, Trump in Election Suits Is Risky for Jones Day and Porter Wright
(DBN)

Big Law Partners and Law Profs Make Up Biden's DOJ Review Team
(DBN)

Postal worker recanted allegations of ballot tampering, officials say
(DBN)

In poll watcher affidavits, Trump campaign offers no evidence of fraud in Detroit ballot-counting
(DBN)

Trump insists he will be proven the winner, but aides say he has no serious plan to overturn election
(DBN)

The Constitution will end Trump’s term if he doesn’t concede: John Yoo
(DBN)

Few legal wins so far as Trump team hunts for proof of fraud
(DBN)

AZ: Judge Won't Let Trump Seal Evidence
(DBN)

Trump Challenge in Arizona? 180 Votes
(DBN)

Arizona’s Republican AG Says Biden ‘Will Win Arizona,’ Trump Campaign Lawsuit Won’t ‘Make A Difference’
(DBN)

Days after losing, Trump's advisors are increasingly convinced that their efforts to overturn Biden's election will fail, report says As states press forward with vote counts, Trump advisers privately express pessimism about heading off Biden's win
(DBN)

Pennsylvania Gets Nov. 17 Hearing on Tossing Trump Election Suit
(DBN)

A team of 28 international election observers said it found no evidence of voter fraud in the 2020 election, contrary to what Trump keeps insisting
(DBN

Why GOP superlawyer Ben Ginsberg is bucking his party and blasting Trump's baseless election claims
(DBN)

Trump campaign legal advisor hopes election challenges done within two weeks
(DBN)

How to make a vote-fraud claim stick: Misread a 'statistic.'
(DBN)

Single Nevada case shows futility of Trump effort to reverse election result
(DBN)

Detroit Lawyer Tells Judge That Pro-Trump Efforts to Void Election Are Like Unfunny Version of ‘Groundhog Day’
(DBN)

Lawyers Litigating for Trump Suddenly Remember Their Licenses Are on the Line If They Lie to a Judge
(DBN)

Lawyers Forecast the Road Ahead as Trump and His Allies Sow Electoral Chaos and Confusion
(DBN)

Tucker Carlson stands by Trump's unproven claims of voter fraud but admits it's not 'enough to alter the election result'
(DBN)

Retired Gen. Petraeus to Trump: Act quickly on election suits ‘if you really care for the country’
(DBN)

Trump’s Desperate Assault on American Democracy
(DBN)

The Rumored Long Shot Electoral College Play
(DBN)

Trump’s Hail Mary Election Fraud Claim: The Polls Were Actually Illegal
(DBN)

Dan Patrick Offers $1M Bounty for Voter Fraud
(DBN)

All 50 Election Officials Found No Evidence of Widespread Voter Fraud
(DBN)

Michigan Secretary Of State Drop Kicks Trump Attempt To Overturn Vote
(DBN)

Voter Fraud, Once Rampant, Now an Anomaly
(DBN)

There are three kinds of lame-duck pardons. Self-pardon isn't one of them.
(DBN)

Video shows Republicans in 2018 mocking claims an election was stolen, which they are now making
(DBN)

Trump's big new election lawsuit alleges voter fraud potentially happened in 2 Pennsylvania counties. Both overwhelmingly voted for him.
(DBN)

Shock and frustration inside Justice Dept. over Barr's vote-investigation memo
(DBN)

6 Lawsuits Facing Citizen Trump
(DBN)

Investigating Trump After the Presidency
(DBN)

Florida Governor Ron DeSantis 'to allow armed citizens to shoot suspected looters and rioters' who target businesses in an expansion of the state's Stand Your Ground law FL: Allowing Citizens to Become Vigilantes
(DBN)

New Yorker fires writer Toobin after investigating incident of indecent exposure
(DBN)

Ex-Louisville detective charged in Breonna Taylor shooting sexually assaulted women, lawsuit claims
(DBN)

Judge to weigh bond for father, son in Ahmaud Arbery slaying
(DBN)

Rittenhouse Friend Arrested for Buying AR15 Kyle's Mom Blames Most Everyone but Him
(DBN)

Golf-Club Wielding Trump Supporter Attacks Elderly Couple Holding Biden Signs
(DBN)

Staten Island Man Arrested After Threatening ‘Extermination Of Anyone That Claims To Be Democrat’
(DBN)

Influx of murders in the Houston area likely linked to the pandemic, according to mayor
(DBN)

After $15 billion and 450 miles, Joe Biden will halt border wall, Trump’s signature project
(DBN)

______________

Judges:

Judge George R. Hodges is recalled into service as a United States Bankruptcy Judge effective November 27, 2020.
(DBN)

Trump lawyers suffer embarrassing rebukes from judges over voter fraud claims
(DBN)

New Kentucky justice behaved ‘dyspeptically’ in outburst while a trial judge, appeals court says
(DBN)

______________

Wall Street:

Stock futures lower after Nasdaq’s comeback session
(DBN)

World shares slip on doubts over COVID vaccines, outbreaks
(DBN)

Rally fades on Wall Street, pulling indexes below records
(DBN)

Ackman Sounds Alarm For Another COVID Market Crash Despite Vaccine Hype
(DBN)

The market is ‘being very cavalier’ about risks the U.S. faces, Jim Cramer says
(DBN)

Most Wall Street workers to get lower 2020 bonuses: study
(DBN)

______________

Layoffs:

RNC Staff Blindsided by Layoffs
(DBN)

Eyeglass manufacturer could lay off nearly 300, according to WARN notice
(DBN)

More than 100 layoffs announced for Liberty Steel in Georgetown
(DBN)

COVID-19 'war games': the computer program that could help save your job
(DBN)

______________

Healthcare:

COVID-19 hospitalizations at record high in US, nearing 62,000, as the country adds 131,000 new cases Covid Hospitalizations at Record High
(DBN)

U.S. prepares for worst four months of the pandemic as it stares down the ‘darkest’ days yet
(DBN)

This Covid Surge Is America’s Longest -- and It’s Getting Longer
(DBN)

Model Predicts 400,000 Deaths by Feb
(DBN)

Stanford scientists' computer model predicts COVID-19 spread in cities
(DBN)

U.S. Sees Deadliest Day In Covid-19 Pandemic Since August
(DBN)

Trump Predicted ‘Covid, Covid, Covid’ Would End After The Election. It's Worse Than Ever
(DBN)

A winter surge in COVID-19 cases seems inevitable. Can we stop it?(DBN)

White House coronavirus task force warns of 'accelerating community spread'
(DBN)

Surge shows no sign of easing
(DBN)

Daily coronavirus infections surpass 3,000 in Washington, D.C., region, setting record for eighth day
(DBN)

Texas Covid-19 Cases Top 1 Million in Worsening Second Wave Texas tops 1 million cases as COVID-19 surge engulfs the US
(DBN)

Unwelcome milestone: California nears million COVID-19 cases
(DBN)

‘COVID Honesty:’ Knowing The Symptoms Of Coronavirus And When To Report Them
(DBN)

CDC now says wearing a mask protects the wearer, too
(DBN)

The CDC chief lost his way during COVID-19. Now his agency is in the balance.
(DBN)

We've known how to fight the coronavirus since March. We just have to do it.
(DBN)

Doctor Charged $1,944 for Covid Tests
(DBN)

Supreme Court appears ready to uphold Affordable Care Act over latest challenge from Trump, GOP
(DBN)

Pfizer says its coronavirus vaccine is 90% effective. Here's how that compares to shots for the flu, measles, and more.
(DBN)

Moderna vaccine trial reaches key goal to gauge shot's merit
(DBN)

Siemens CEO warns ‘jury is out’ on a vaccine as the company posts 28% jump in net income
(DBN)

Trump officials promise fair distribution of new covid-19 antibody drug, but limited supply and logistical problems loom
(DBN)

Options traders are betting on hospital stocks as health care takes center stage
(DBN)

4 ways President-elect Joe Biden’s Covid-19 plan could change things
(DBN)

Prisons and jails have become a 'public health threat' during the pandemic, advocates say
(DBN)

Covid testing helped stop asymptomatic spread among Marine recruits, study says
(DBN)

Covid: Almost 20% Will Suffer Mental Illness
(DBN)

Pfizer CEO sold $5.6 million of stock as company announced vaccine data that sent shares soaring
(DBN)

Two more people from Trump’s Election Night party at White House test positive for coronavirus
(DBN)

Hell's Kitchen Coronavirus Rates Rank In NYC's Bottom Third
(DBN)

The U.S. has absolutely no control over the coronavirus. China is on top of the tiniest risks
(DBN)

____________

Religion:

Pope Francis responds to McCarrick report with vow to end sexual abuse
(DBN)

'It's crushing': Survivors react to McCarrick abuse report
(DBN)

Vatican faults others for McCarrick's rise, spares Francis
(DBN)

Vatican says Pope John Paul II was aware of misconduct allegations against ex-cardinal McCarrick nearly 2 decades before his removal
(DBN)

The Vatican's Theodore McCarrick report: Eight things you need to know
(DBN)

Vatican’s McCarrick report forces debate on power and abuse
(DBN)

Dallas’ Robert Jeffress, leading pro-Trump evangelical conservative, calls Biden ‘president-elect’ but says it’s not yet official
(DBN)

How Biden swung the religious vote
(DBN)

____________

 

Event Facilities:

Ticketmaster To Verify Vax Status Of Fans Before Issuing Concert Passes
(DBN)

____________

Trucking:

Trucker group threatens nationwide strike over Biden election
(DBN)

____________

Coal:

Peabody Energy Could Be Filing For Ch.11 Bankruptcy - Again
(DBN)

____________

Utilities:

Emergency Help for Wildfire Victims
(DBN)

____________

Awards:

FTI Consulting’s William Perlstein Receives American College of Bankruptcy’s 2020 Distinguished Service Award
(DBN)

____________


Economy:

Typical investor yanked $12,000 from 401(k) during pandemic: Vanguard
(DBN)

US job openings rise slightly in September, hiring slips BLS: Job Openings "Little Changed" at 6.4 Million in September
(DBN)

Jobs Recovery is Far From Complete
(DBN)

No more fiscal firehose? That might be okay by the Fed
(DBN)

Covid Crisis Brings Regime Change for World’s Central Banks
(DBN)

The American Dream Is Still Alive And Well: U.S. Started Record-Setting Number Of Businesses During The Pandemic
(DBN)

Small Business Optimism Unchanged in October
(DBN)

Biden Covid advisor says U.S. lockdown of 4 to 6 weeks could control pandemic and revive economy
(DBN)

Central Bankers Say Too Early for Vaccine to Rescue Economy Yet
(DBN)

UBS: Vaccine Doesn't Mean Economic Recovery
(DBN)

McDonald's CEO says it's 'very clear' that America needs another stimulus package
(DBN)

Job growth will slow during a Biden presidency: The easy gains are almost gone
(DBN)

Fauci says all Americans could have access to a COVID-19 vaccine by April
(DBN)

The European Union hit the US with $4 billion in tariffs after a long-running dispute over aid to the world's 2 biggest planemakers
(DBN)

NY to impose curfew on restaurants, bars and gyms as Covid outbreak worsens New York State Orders Restaurants, Bars, Gyms Closed at 10 P.M.
(DBN)

El Paso Extends Shutdown Order
(DBN)

The Third Surge Of Shutdowns Is Happening. Here’s Where Businesses Are Closing Doors—Yet Again
(DBN)

Lockdowns Make Perfect Sense Now
(DBN)

Maryland governor adds coronavirus restrictions as cases surge across the Washington region
(DBN)

San Diego in Serious Lockdown
(DBN)

Covid; California, Midwest Clamp Down Again
(DBN)

Bernard Arnault is world’s second richest person, adding billions from rally
(DBN)

Companies that adapted to Covid-19 could be the winners after the vaccine as well
(DBN)

Biden seen reining in mergers and cracking down on big tech
(DBN)

White House tells federal agencies to proceed with plans for Trump's February budget in latest sign of election defiance
(DBN)

Biden-voting counties equal 70% of America’s economy. What does this mean for the nation’s political-economic divide?
(DBN)

Under pressure: CFO departures escalate amid crisis
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased 1.1% YoY in November
(DBN)

MBA: "Mortgage Delinquencies Decrease in the Third Quarter of 2020"
(DBN)

Despite moratoria, foreclosures increase 20% in October
(DBN)

Mortgage demand from homebuyers drops to lowest level in 6 months MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

Mounting commercial real estate losses threaten banks, recovery
(DBN)

Big drop in Manhattan apartment prices begins to lure back younger renters
(DBN)

Marathon CEO Cites NYC Costs, Covid, Crime for New Miami Outpost
(DBN)

New York Workers Are Most Reluctant in U.S. to Return to Office
(DBN)

First Look: 2021 Housing Forecasts
(DBN)

Houston Real Estate in October: Sales Up 31.5% YoY, Inventory Down 26% YoY
(DBN)

$1 billion Plano redevelopment project transferred to lender Beal Bank
(DBN)

Malls File for Bankruptcy or Shut Their Doors as Pandemic Pain Spreads
(WSJ)

Mall Vacancies Hit Highest Level in 20 Years
(DBN)

____________

Municipalities:

San Francisco Sees $116 Million Gap as Revenue Falls Short
(DBN)

Muni Lowdown: Brightline bust
(DBN)

____________

Oil/Gas:

IEA says Covid vaccine ‘unlikely to ride to the rescue’ of world oil market for some time
(DBN)

Top U.S. Gas Driller Weighs First Step Toward Net-Zero Emissions
(DBN)

Big Oil execs say they’re not worried about Biden’s energy plan
(DBN)

UK oil and gas output to take hit as drilling slumps to lowest since 1970s: OGUK
(DBN)

____________

Politics:

Sullivan wins reelection in Alaska, giving Republicans 50 seats in Senate
(DBN)

Nearly 80% of Americans accept Joe Biden won presidential election with just 3% saying Trump was re-elected, poll shows 'Profoundly Disturbing': Nearly 80-Percent of Trump Supporters Believe President's False Voter Fraud Claims Grief, anger, disbelief: Trump voters face Biden’s victory
(DBN)

Biden chooses longtime adviser Ron Klain as chief of staff
(DBN)

Boris Johnson calls Trump the 'previous president' after an 'extremely exciting' conversation with Joe Biden
(DBN)

World leaders talking to Biden about the virus, other issues
(DBN)

Rove: This Election Result Won’t Be Overturned Recounts Rarely Changed Election Outcomes
(WSJ)

Nobel laureate Paul Krugman says Trump ‘will be looming over’ U.S. politics, Republican Party for some time
(DBN)

'These are dictator moves': Defense officials alarmed as Trump installs more loyalists at the Pentagon Trump loyalists get top Pentagon jobs after Esper firing Republicans muzzle anger over Trump's Pentagon culling, afraid antagonizing him imperils Georgia runoff Amid Pentagon upheaval, military leaders face a fraught next few months Head of Nuclear Security Agency Quits Trump Pushing Loyalists into Critical Jobs
(DBN)

Trump allies clash with top intelligence officials in quest to declassify more Russia documents
(DBN)

Mississippi Republican calls for his state to 'succeed from the union' after Biden victory
(DBN)

New York sex offender charged with threatening Schumer, Democrats: 'Carnage needs to come'
(DBN)

Trump solicits 'election defense' donations that also finance his new leadership PAC Money to support Trump court fight could flow to president Donations under $8K to Trump ‘election defense’ instead go to president, RNC
(DBN)

"He's not worried about the Republican Party. He's worried about how he can commercialize and monetize all of this."
(DBN)

‘He’s psychologically incapable of processing this loss’: Mary Trump and government insiders worry about Trump’s ‘smash and grab’ on his way out of office
(DBN)

Trump, GOP Have Other Goals In Pushing Voter Fraud Claims Than Contesting Biden’s Victory
(DBN)

Biden's Vote Lead Over Trump Now 5 Million
(DBN)

Trump officials can be heard on leaked audio denying the election results days after President-elect Joe Biden won
(DBN)

Donald Trump and his son Donald Trump Jr., without evidence, accuse Pfizer of deliberately waiting until after Election Day to release its COVID-19 vaccine trial results
(DBN)

Trump threatens more damage on his way out of office, with complicity from the GOP
(DBN)

QAnon conspiracy theory faces a post-Trump identity crisis
(DBN)

Biden World Fears Trump Will Bring ‘Weird S---’ to Their Inauguration
(DBN)

Biden said he doesn't need Trump's help to take over the presidency, as the White House continues to block a transition Joe Biden's campaign is reportedly considering legal action to end delays to the transition A day-by-day timeline of how Trump is blocking the kind of presidential transition he got from Biden and Obama Biden moves forward without help from Trump's intel team Chaotic presidential transition brings vulnerability, security risks to nation Biden Transition Seeks Donations as Trump Administration Withholds Funds Biden's experts navigating Trump's transition blockade GOP Senator: Give Biden His Intel Briefings
(DBN)

No, Trump is not attempting a 'coup' - here's why the distinction matters
(DBN)

False claims of voting fraud, pushed by Trump, thrive online
(DBN)

‘A grand scheme’: Trump’s election defiance consumes GOP
(DBN)

Echoing Trump, congressional candidates refuse to concede, make unproven fraud claims
(DBN)

Republicans Backtrack After Breaking With Trump On Biden Transition
(DBN)

Georgia will recount election ballots by hand as Biden’s lead over Trump grows Trump once again falsely claims 'I won!' in response to a tweet from Georgia's governor. Biden is ahead in the state and was projected the winner of the presidential election.
(DBN)

Fact-check: Did a glitch in Wisconsin switch votes from Trump to Biden?
(DBN)

List of Debunked Post-Election Rumors
(DBN)

The latest in a postal worker's allegations of voter fraud in Pennsylvania
(DBN)

States cite smooth election, despite Trump's baseless claims
(DBN)

Fox News Swings From Refuting to Hyping Trump’s Voter Fraud Nonsense
(DBN)

285 Golf Trips, $142M Cost to Taxpayers
(DBN)

Lindsey Graham says the Republicans will never win another presidential election if they don't 'do something' about mail-in voting
(DBN)

AOC said the reason Democrats lost seats in Congress is that they barely advertised on Facebook and are internet incompetent
(DBN)

Republican Dan Sullivan re-elected in Alaska Senate race Senate wins give GOP 50-48 lead as January runoffs play key role
(DBN)

GOP pollster calls Georgia’s two Senate races most critical ‘in modern times’ Dems, GOP take different approaches on Georgia Senate blitz
(DBN)

Trump's silent public outing belies White House in tumult
(DBN)

She fell into QAnon and went viral for destroying a Target mask display. Now she's rebuilding her life.
(DBN)

Hundreds of recruitment flyers for white supremacist group distributed in Texas neighborhoods
(DBN)

Biden's plea for cooperation confronts a polarized Congress
(DBN)

____________

Autos:

The Hertz Maneuver (and the Limits of Bankruptcy Law)
(DBN)

Japanese automaker Nissan posts loss amid pandemic, scandal Helped by restructuring, Japan's Nissan trims whopping loss forecast Rated one notch above junk, Nissan can still repay its debt
(DBN)

____________

Hotels:

Is it safe to stay in hotels during the pandemic?
(DBN)

____________

Environmental:

Environmental Spinoffs: The Attempt to Dump Liability Through Spin and Bankruptcy
(DBN)

____________

Food/Beverage:

America’s Largest Restaurant Franchisee Enters Into $816MM Stalking Horse Asset Purchase Agreement with Flynn Restaurant Group
(DBN)

____________

Taxis:

Pandemic Pushes N.Y.C. Cabbies to the Brink: ‘I Can’t Hold On’
(DBN)

____________

Fitness:

YouFit Health Clubs' Bankruptcy Petition Is Another Hit to Mall Operators
(DBN)

____________

Transit:

CA: Golden Gate Bridge tolls may go up as district faces financial crisis: 'It's quite brutal'
(DBN)

____________

Fashion:

Furla USA files for Chapter 11 bankruptcy
(DBN)

____________

Satellites:

Intelsat looks to eliminate $10bn of debt
(DBN)

____________

Distressed Investing:

Roundtable: Distressed M&A
(DBN)

Fortress Backs Distressed Debt Fund Launched by Aurelius Alums
(DBN)

____________

Mass Torts:

Abused in Boy Scouts: Deadline to file claims before bankruptcy approaching
(DBN)

____________

 


New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 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)

______________

Bankruptcy Statistics:

October Total Bankruptcy Filings, 2010-20 October Commercial Filings, 2010-20 October Commercial Chapter 11 Filings, 2010-20
(DBN)

BK CD CA: October 2020 filings flat again
(DBN)

______________

Advisers:

FTI Consulting: Strong, Well-Positioned Firm With Insolvencies Looming
(DBN)

____________

Automatic Stay:

Failure Bias, Issue Preclusion and the Long Arm of the Automatic Stay
(DBN)

____________

Nunc Pro Tunc:

Certain “Nunc Pro Tunc” Relief May Still be Available in Bankruptcy
(DBN)

____________

Subchapter V:

Subchapter V Eligibility: Congress Needs To Permanently Extend The $7.5 Million Limit — Now!
(DBN)

____________

Insurance:

COVID-19 Business Interruption Update: 5 Things We Know From Recent Judicial Decisions
(DBN)

____________

Litigation:

Having a hard time connecting with your witness? Try these tips
(DBN)

____________

Credit Reporting:

9th Cir. Holds Servicer’s Post-Discharge Credit Pulls Did Not Violate FCRA
(DBN)

____________

Aviation:

Southwest is reportedly looking to acquire up to 30 Boeing 737 Max jets even though many travelers say they don't want to fly on the troubled plane
(DBN)

Is it safe yet to fly during the pandemic?
(DBN)

Tired Of Travel Bans, Quarantines & Experts’ Warnings, More People Are Judging For Themselves When To Travel
(DBN)

After suspending service and filing for bankruptcy months ago, a new Ravn Alaska returns with flights to some communities on Friday
(DBN)

Ryanair would not expect to pay Boeing tariffs
(DBN)

Spain to Require PCR Tests by Travelers From High-Risk Countries
(DBN)

Heathrow CEO says COVID tests needed for years even with vaccine
(DBN)

State-owned Emirates posts $3.8 billion in half-year losses Emirates turns to Dubai to see it through crisis after $3.4 billion loss
(DBN)

Etihad flags more cabin crew job cuts, Airbus A380s grounded
(DBN)

Thai Airways Q3 loss soars Thai Airways Now Selling Napkins & Toothpicks
(DBN)

Lufthansa reaches crisis deal with union to cut costs
(DBN)

Ministry proposes special policies to help airlines weather pandemic
(DBN)

Malaysia’s state and budget airlines confront the same crisis
(DBN)

Dubai Puts Air Conditioning on the Block in Rare Government Asset Sale
(DBN)

____________

Pharma:

Purdue’s Massive Opioid Settlement Sparks Bankruptcy Court Fight
(DBN)

____________

Personal Finance:

Average Retirement Savings by Age and Why You Need More
(DBN)

This is the No. 1 sign of a boss you don’t want to work for, says career expert
(DBN)

____________

Climate:

Climate Will Make Parts of US Uninhabitable
(DBN)

Trump administration official who questions global warming to run key climate program
(DBN)

How Biden aims to amp up the government's fight against climate change
(DBN)

Hurricanes are staying stronger even over land as oceans warm from climate change, study finds
(DBN)

____________

Movie Theaters:

Theaters asking Congress for relief
(DBN)

____________

Retailing:

Retail: country-by-country summary of the impact of COVID-19
(DBN)

After A Difficult Year, Neiman Marcus Attempts A Restart Just In Time For The Holiday Season
(DBN)

Ascena Auctions Off Justice IP and Assets Justice Sold at Auction for $90 Million
(DBN)

Century 21’s Intellectual Property Assets on The Selling Block
(DBN)

J.C. Penney rescue deal approved in bankruptcy court, saving close to 60,000 jobs
(DBN)

How the J.C. Penney acquisition is changing the game in retail real estate
(DBN)

A tale of two retail loan markets
(DBN)

WH Smith sees recovery in North America after pandemic-hit year
(DBN)

2020 Deloitte holiday retail survey
(DBN)

____________

Sports:

Maryland game against Ohio State canceled after eight Terps test positive for coronavirus
(DBN)

Halfway through NFL season, uncertainty reigns off the field
(DBN)

Navy has second consecutive game postponed due to covid-19
(DBN)

Steelers' Roethlisberger, 3 teammates go on COVID-19 list
(DBN)

Tony La Russa asked 'Do you see my ring?' during DUI stop, according to arrest report
(DBN)

College Football’s Schedule Upended by Covid in November
(DBN)

____________

Education:

Kamala Harris, BLM protests put a new spotlight on HBCUs. Many now hope for a financial reckoning.
(DBN)

What determined if schools reopened? How many Trump voters were in a district.
(DBN)

Educators Won't Miss Ms. DeVos
(DBN)

Atlanta's Morris Brown College looks to regain accreditation
(DBN)

____________

Cosmetics:

Revlon nears creditor support for deal to dodge bankruptcy Revlon sails higher again as investors bet on restructuring efforts
(DBN)

____________

Hedge Funds:

Distressed Firm Restructurings and Hedge Funds with Expertise: Saviors or Vultures?
(DBN)

Hedge Fund Managers Face ‘Survival of the Fittest’ Test in 2020
(DBN)

____________

Sovereigns:

Argentina’s Quest for the Moral High Ground in the Recent Restructuring with Its Foreign Bondholders
(DBN)

Zambia Nears Default With Bondholders Set to Refuse Relief
(DBN)

____________

UK:

Paragon Offshore: Judgment on Challenge to 2017 Restructuring and the Limits of the Rule 12.59 Review Jurisdiction
(DBN)

U.K. Is First Europe Country With More Than 50,000 Virus Deaths
(DBN)

UK economy grew by record 15.5% in third quarter, but second lockdown could derail recovery
(DBN)

British Chancellor Closes Eyes, Wishes Real Hard That London Will Remain Relevant
(DBN)

Tory council leaders warn of severe cuts in England
(DBN)

Croydon Council ‘declares bankruptcy’ and bans spending with Section 114 notice Croydon council spending frozen over £66m budget hole
(DBN)

Global Rich Fuel 1,900% Sales Surge for UK Country Estates
(DBN)

UK economy bounces back in summer but faces wintry chills
(DBN)

WH Smith suffers £226M pre-tax loss in past year - three times more than analysts feared
(DBN)

Chappell faces fourth bankruptcy to pay BHS contributions
(DBN)

UK pensions regulator warns on employer insolvency
(DBN)

____________

EU:

EU banks urged to prepare for bad loans as pandemic hits economy
(DBN)

Pandemic payment holidays mask wave of European problem debt
(DBN)

____________

PIIGS:

Italy Virus Cases Pass 1 Million With Second Lockdowns Under Way
(DBN)

People with suspected COVID-19 receive oxygen in cars after Italian hospital overwhelmed
(DBN)

Italian hospitals face breaking point in fall virus surge
(DBN)

Greece Offers Tax Breaks to Lure the Work-From-Anywhere Crowd
(DBN)

Genoa Bridge CEO Arrested in Italy
(DBN)

____________

Canada:

New closures will be 'fatal' for thousands of small businesses, advocate warns
(DBN)

____________

Brazil:

Bolsonaro says Brazilians must not be 'sissies' about coronavirus, as 'all of us are going to die one day'
(DBN)

____________

Denmark:

Danish government halts plans to kill more than 15 million minks over coronavirus scare
(DBN)

____________

India:

India in Historic Technical Recession, RBI Nowcast Signals
(DBN)

____________

MENA:

Directors’ Liability in Cases of Bankruptcy Under UAE Law
(DBN)

____________

Sweden:

Sweden Imposes Partial Lockdown of Bars for First Time
(DBN)

____________

Japan:

Ramen Shop Bankruptcies on the Rise
(DBN)

____________

Germany:

New ways of restructuring in Germany
(DBN)

Merkel Warns of Tough Winter Ahead Even With Glimpse of Vaccine
(DBN)

____________

Switzerland:

Switzerland Chose Austerity Over Life
(DBN)

____________

Australia:

Income Contributions in Bankruptcy
(DBN)

Draft legislation released for SME debt restructuring plans
(DBN)

Insolvent trading protections end in 50 days, warns insolvency firm
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $66.50/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
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.

Copyright 2020