November 3, 2020

The Daily Bankruptcy News

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Law:

Boies Schiller Promised Associates Raises, But So Far, They Haven’t Materialized
(DBN)

Firms Avoid Collections Worst Case Scenarios ... So Far
(DBN)

Katten To Reinstate Salaries, Eliminate Furloughed Positions
(DBN)

Seyfarth Must Face Punitive Claim In Malpractice Suit
(DBN)

GOP Lawyer Slams Trump For Undermining Election Confidence Despite Long Career Of Undermining Election Confidence
(DBN)

ATL’s 11th Annual Legally Themed Halloween Costume Contest: Pandemic Edition
(DBN)

U.S. Supreme Court hands narrow win to Black Lives Matter activist over protest incident
(DBN)

What Was Clinton White House Lawyer Doing at Epstein Arraignment?
(DBN)

In Blow To White House, Federal Judge Rules That Don McGahn Must Testify Facebook Twitter Flipboard Email
(DBN)

Lawyers on standby if cloudy election outcome heads to court
(DBN)

U.S. Fires Up ‘All Government’ War on Election Cyber Threats
(DBN)

States begin readying National Guard for potential election unrest
(DBN)

When the Political Divide Turned Deadly in Portland
(DBN)

Judge rejects GOP bid to toss 127,000 drive-thru ballots in Harris County, Texas
(DBN)

Former Trump Land-Use Lawyer Ordered to Give Documents to N.Y. AG
(DBN)

Abortion is on the ballot in two states, providing a glimpse into a post-Roe nation
(DBN)

Protesters in front of AG Barr’s home want him to lock up Biden
(DBN)

Barr Preps Prison Guards to Head to D.C. for Election Unrest
(DBN)

Durham Investigation Insiders Say 'No Evidence' to Support Obamagate Has Been Found in 18 Months
(DBN)

Inmate is entitled to sue over claim his cell had ‘massive amounts’ of feces, SCOTUS rules
(DBN)

Supreme Court issues rare ruling against protections for law enforcement officials
(DBN)

Can Black Lives Matter protest organizer be liable for officer’s injury? Supreme Court vacates ruling for cop
(DBN)

If You Had ‘Laches’ On Your Election BINGO Card, Congratulations!
(DBN)

Progressive Philadelphia DA Threatens to Lock Up Anyone Trying to ‘Steal Our Votes’
(DBN)

Deputy's Son Who Set Fire to Historically Black Churches for Clout Sentenced to 25 Years in Prison
(DBN)

Shooting at Vienna Synagogue, Several Dead
(DBN)

Bail Set at $2 Million for Kenosha Shooter Kyle Rittenhouse
(DBN)

Authorities Cryptically Reveal What Happened Before South Dakota’s Attorney General Hit and Killed a Man
(DBN)

Inspired by 'black metal,' a Louisiana man razed three Black churches. He's been sentenced to 25 years.
(DBN)

'Trump' and 'MAGA' spray-painted on gravestones in Michigan Jewish cemetery
(DBN)

Vienna gun attack by Islamic State sympathizer shatters an evening of revelry
(DBN)

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Judges:

Congress Weighs Judge and Courthouse Security Bills
(DBN)

Supreme Court, with Barrett, to hear major LGBT rights case day after election
(DBN)

Everything You Need to Know About Justice Barrett’s First Case at the Supreme Court
(DBN)

4 Alabama justices urge SCOTUS to overturn Roe v. Wade

Supreme Court Smacks Down Trump-Packed Circuit Court Twice in One Morning; Justice Barrett Didn’t Participate
(DBN)

Judge Accused of Sexually Abusing 12-Year-Old Special Needs Child. Now AG Suggests There May Be More Victims.
(DBN)

Pro-Trump Truck Sits Just Outside Monona County Courthouse
(DBN)

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Wall Street:

Dow futures rise nearly 400 points on U.S. Election Day
(DBN)

The stock market could sink 10% if the outcome of the election isn’t known for weeks, Nouriel Roubini says
(DBN)

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Layoffs:

Walmart drops plans to use robots for tracking inventory Walmart’s Robot Revolution Takes Detour as Partnership Ends
(DBN)

Disneyland is more than a job for some workers. A wave of layoffs hit Sunday
(DBN)

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Tech:

Twitter Says It Won’t Let Candidates Claim Victory Themselves Twitter names 7 outlets to call election results Here’s what Facebook will show if a candidate declares premature victory
(DBN)

Facebook to rely on election results from 6 news outlets, AP, Reuters
(DBN)

Twitter labels Trump's tweet about the Supreme Court's ruling on Pennsylvania mail-in ballots as misleading and blocks users from sharing and liking
(DBN)

YouTube will end full-day ‘masthead’ reservations like Trump bought for election
(DBN)

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Fraud:

October 2020 Ponzi Scheme Roundup
(DBN)

Ex-HSBC Trader Denied Supreme Court Appeal of Fraud Conviction
(DBN)

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Mail:

Federal judge scolds USPS on vote-by-mail delays: 5 key takeaways
(DBN)

____________

Autos:

In Wake of DIP Approval, Hertz Anticipates ‘Imminently’ Obtaining ABS Commitment to Finance 2021 Fleet Build
(DBN)

____________

Retailing:

J.C. Penney Settles With Lender Group Ahead of Sale Hearing
(DBN)

Is JCPenney Really Saved From Extinction?
(DBN)

17 retailers that could go bankrupt as the COVID-19 era wears on
(DBN)

Malls Dragged Into Bankruptcy by Carnage Among Retail Tenants
(DBN)

Retail's tumult ripples to mall owners Malls dragged into bankruptcy by carnage among retail tenants
(DBN)

BC Partners Faces Lender Rebuke After Burning PetSmart Creditors
(DBN)

Americans eager to shop even as pandemic stretches on, retail economist says
(DBN)

Retailers board up windows and add security, bracing for the worst this election NYC, Washington Storefronts Boarded Up Ahead of Possible Unrest
(DBN)

How Retailers Are Doing Black Friday 2020 Differently
(DBN)

IKEA brand owner accelerates profit growth despite pandemic
(DBN)

____________

Education:

NYC Schools Quell the Virus Only to Face Education Challenges
(DBN)

____________

Sports:

The third coronavirus wave means even more sports uncertainty
(DBN)

____________

Banking:

Biggest U.S. Banks Aren’t as Strong as They Appear, Group Says
(DBN)

____________

Food/Beverage:

Friendly’s Restaurants’ parent files for bankruptcy, announces $2 million sale Sun Capital Partners-owned FIC Restaurants sells Friendly’s in bankruptcy asset sale
(DBN)

How Two Restaurants Have Survived Covid-19. So Far.
(WSJ)

____________

Religion:

Deadline to File Childhood Sex Abuse Claims Against Diocese of Syracuse is Set
(DBN)

Vatican says pope's comments on civil union laws were taken out of context
(DBN)

Falwell & Wife: Picking Out Students for Sex
(DBN)

____________

Movie Theaters:

AMC seeks stock sale to raise $50 million to stave off bankruptcy
(DBN)

‘We Will Fight!’ – AMC CEO Adam Aron Channels Winston Churchill; In Talks With ‘More Than A Dozen’ Strategic Investors As Chain Bleeds Red Ink
(DBN)

AMC Theater Chain Turns Focus to Surviving Until Next Summer
(DBN)

AMC’s revenue plummets by more than 90 percent as theaters remain empty
(DBN)

AMC Entertainment Posts Loss as Its Theaters Continue to Reopen
(DBN)

Battle of Kids Movies Won’t Be Waged in Theaters This Season
(DBN)

Holiday movie showdown turns into fight for home audiences
(DBN)

____________

Cruise Lines:

Cruise stocks dive to buck broad market rally after Norwegian extends suspensions
(DBN)

____________

Transit:

Cash-Strapped MTA Agrees To Rent Relief Plan For Struggling Retail Tenants
(DBN)

____________

Climate:

Central America braces as Hurricane Eta builds to Category 4 Hurricane Eta Heads Towards Cat 5
(DBN)

____________

Coal:

Coal sees diminished role in US presidential race with odds slim for new plants
(DBN)

____________

Agribusiness:

Hemp Co. Missing Payments On $1M Debt, Grower Says
(DBN)

____________

Defaults:

US leveraged loan default volume jumps to $2.7B in October
(DBN)

____________


Economy:

U.S. manufacturing gauge expands at fastest pace since 2018 U.S. manufacturing near two-year high; road ahead difficult ISM Manufacturing index Increased to 59.3 in October
(DBN)

The unemployment crisis hiding in plain sight
(DBN)

Eight High Frequency Indicators for the Economy
(DBN)

Trump or Biden, investors expect a weaker dollar
(DBN)

The Election and 2021 Economic Forecast
(DBN)

Virus, political risk, rising as Fed takes stock of post-election landscape
(DBN)

‘Black Swan’ author: Covid response is a case study of government incompetence
(DBN)

Americans are outraged that Congress has yet to pass another stimulus deal Pelosi says Democrats would fast-track ObamaCare, COVID-19 aid next year Political gridlock is delaying another coronavirus relief bill — and it has potentially devastating consequences for the US economy
(DBN)

The GOP's debt boogieman is hurting families and derailing our recovery
(DBN)

Fed's Powell faces uncertain fate whether Biden or Trump wins
(DBN)

Fed meeting eyed as central banks shift to more easing
(DBN)

The Good and the Bad of the U.S. Economy on Eve of Election Day
(DBN)

Strong Earnings Surprises Fail to Excite Amid Economic Risks
(DBN)

Failure on Fiscal Relief Will Widen Racial Inequality
(DBN)

Everyone running for re-election has failed on coronavirus stimulus
(DBN)

Businesses, downtowns in a waiting game with election
(DBN)

Massachusetts Governor Issues Slate of Measures to Curb Virus
(DBN)

Social Security is in Grave Danger with Trump
(DBN)

What a Joe Biden win could mean for financial policy
(DBN)

San Francisco Halts Reopenings as Coronavirus Cases Rise
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Mall operator CBL gears up for bankruptcy brawl with bank lenders
(DBN)

Two Major Mall Owners Declare Bankruptcy Mall Bankruptcies Continue With PREIT And CBL Crushed by the virus, 2 mall operators file for bankruptcy The shopping mall apocalypse continues as two large operators file for bankruptcy
(DBN)

Mall owner PREIT stock sinks to lowest on record after filing for bankruptcy in restructuring bid
(DBN)

Lender Loses Bid To Force Payment Of Lord & Taylor Rent
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 5.83%"
(DBN)

Black Knight Mortgage Monitor for September: "2020 Originations Will Surpass $4 Trillion for First Time Ever"
(DBN)

Mortgages in forbearance fall across all loan types
(DBN)

Construction Spending Increased 0.3% in September
(DBN)

Epstein's Palm Beach Mansion to Be Demolished
(WSJ)

New York State Extends Commercial Eviction and Foreclosure Moratorium
(DBN)

____________

Municipalities:

U.S. States Face Biggest Cash Crisis Since the Great Depression
(WSJ)

____________

Oil/Gas:

Developments in Oil & Gas Midstream Contract Rejection Disputes
(DBN)

OPEC Boosts Output Even as New Virus Wave Sends Oil Crashing
(DBN)

Here’s Why Oil Prices Are Plummeting Again
(DBN)

Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand
(DBN)

U.S. Election Outcome Could Stir Up Electric-Vehicle Industry
(DBN)

Oil Falls to Five-Month Low as Lockdowns and Libya Spook Market
(DBN)

The coronavirus pandemic has the upper hand against oil's recovery
(DBN)

‘No real hope’: Energy stocks aren’t worth holding, two traders say
(DBN)

Biden energy plan may be more similar to Trump policy than expected
(DBN)

Election Effects on Oil and Gas Should Be Gradual
(DBN)

Oil rises nearly 3% as U.S. presidential election looms
(DBN)

Pacific Drilling opts for Chapter 11
(DBN)

More Pain for Oil Investors
(DBN)

____________

Politics:

77% Fear Violence
(DBN)

Celeb-packed apartments to be protected by armed guards on Election Day
(DBN)

Trump, making false claims about mail-in ballots, suggests counting votes could lead to 'violence in the streets'
(DBN)

'Trump trains' and 'MAGA drags' snarl traffic and raise tensions in multiple states
(DBN)

Businesses Are Boarding Up Before The Election. This Is Trump’s America.
(DBN)

History: 1920: Worst Election Violence in US History
(DBN)

President points to shake-up, win or lose
(DBN)

U.S. ‘credibility is on the line’ on Nov. 3, presidential historian Michael Beschloss says As the U.S. votes, the world watches with anxiety and hope
(DBN)

99 Million Already Voted
(DBN)

Carville: We Are Going to Know by 10PM
(DBN)

If Trump Wins, Washington’s Brain Trust Is Eyeing the Exit Door
(DBN)

How Trump Could Attempt a Coup
(DBN)

1,000 Members Of Mass. National Guard Activated
(DBN)

Trump Reportedly Telling Advisers He’s Increasingly Spooked at the Prospect of Being Indicted if He Loses
(DBN)

'You are no longer my mother': A divided America will struggle to heal after Trump era
(DBN)

Jewish cemetery desecrated with 'Trump' spray paint
(DBN)

More than half of early voters in key battleground states are women
(DBN)

What to Watch for on Election Night: An Hour-by-Hour Guide When each state’s polls close and how many electoral votes they have Election Night Clues to Be Found at Early-Evening Poll Closings
(DBN)

The Last Check on Presidential Power: We the People
(DBN)

Pelosi on Trump's election-night plans: "We’re ready for it all"
(DBN)

Biden campaign: "Under no scenario" will Trump be declared winner on election night
(DBN)

Biden leads by 7 in PA
(DBN)

Biden is clearly favored to win Michigan
(DBN)

Polls show Biden with edge over Trump in key states Here’s where we stand on the latest battleground state polls Biden narrowly leads Trump in six swing states before Election Day, poll shows
(DBN)

Numbers Look Good for Joe Biden: Analysis by Scott Rasmussen
(DBN)

Trump gains ground overnight in UK betting markets, Biden still favorite
(DBN)

Joe Biden leads President Trump by double digits nationally, USC poll suggests
(DBN)

Biden leads Trump in national polls, but key states tighten on election eve
(DBN)

Cook Political Report shifts 8 seats toward Democrats in final House forecast
(DBN)

Fox's Baier: 2020 race in key battlegrounds is 'narrowing fast'
(DBN)

Trump 'army' of poll watchers led by veteran of fraud claims Military veterans are deploying their own 'quick reaction force' to counter Trump's 'army' at the polls So Far, Trump’s “Army” of Poll Watchers Looks More Like a Small Platoon
(DBN)

Swing State Poll Finds No Late Shift in Presidential Race
(WSJ)

Covid Races Through Swing States on Eve of Tense Election Day
(DBN)

Final Pennsylvania presidential polls have Biden winning the pivotal swing state Trump takes polling lead in North Carolina and Biden remains ahead in other battlegrounds, with one day until election
(DBN)

The votes of 63 million poor people could decide this election
(DBN)

More Citigroup Clients See Trump Win, Strategist Levkovich Says
(DBN)

Trump, Biden Campaigns Brace Their Supporters for Photo-Finish Election
(DBN)

Former RNC communications director says he voted for Biden Biden Endorsed By Three Former RNC Communications Directors, Asian GOP
(DBN)

Karens could tip the scales in favor of Biden, according to this New York Times chart
(DBN)

USPS Ordered to Speed Swing-State Ballots to Make Election Day
(DBN)

A New Congress Could Quickly Reform Election Law
(DBN)

Campaign Strands Rallygoers in Cold for Third Time
(DBN)

Will loser of the election accept the result?
(DBN)

Poll: Most Voters Say Counting All Ballots Outweighs Getting Fast Results — But Not Trump Supporters
(DBN)

Trump still talking about Hillary as crowd chants ‘lock them up’
(DBN)

President Trump Threatens Legal Action To Stop Counting Of Pennsylvania Ballots Arriving After Election Day Pennsylvania AG Challenges Trump’s Election Night Threat: ‘We’d Be Happy to Defeat You in Court One More Time’
(DBN)

Judge blocks Trump campaign's effort to stop mail-in ballot counting in Las Vegas Nevada Judge Hands Trump Campaign Another Loss: ‘No Evidence’ State Election Officials Broke the Law Trump Loses Nevada Suit to Halt Ballot Count in Observer Suit
(DBN)

Minnesota opts against asking Supreme Court to block mail-in ballots ruling
(DBN)

The radical Texas lawsuit seeking to disenfranchise 127,000 voters, explained
(DBN)

Why the vote count early on election night could be misleading
(DBN)

Trump’s possible election night plan: Claim victory before enough votes are counted
(DBN)

GOP tries to save its Senate majority, with or without Trump
(DBN)

More than 94 million ballots have been cast ahead of Election Day, over two-thirds of 2016′s total turnout
(DBN)

Election officials say COVID rules could make lines look bad
(DBN)

Tired of Trump, Deutsche Bank games ways to sever ties with the president
(DBN)

New York Banker: Nobody Will Touch Trump Post-Presidency
(DBN)

____________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (178 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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:

 

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Trustees:

BK SD GA Seeks Chapter 7 Trustee
(DBN)

____________

Contempt:

New “Fair Ground of Doubt” Standard for Alleged Discharge Violations: Tread Carefully
(DBN)

____________

Bankruptcy Fees:

Bankruptcy Court Miscellaneous Fee Schedule
(DBN)

____________

Automatic Stay:

California Bankruptcy Court Sides With Majority View That Section 362(c)(3)(A) of The Code Does Not Terminate Automatic Stay With Respect to Property of The Estate
(DBN)

____________

Aviation:

Pilot Unions, Crash Families Seek Changes to 737 Max Training
(DBN)

Turbulent Times for Southeast Asia’s National Airlines
(DBN)

Troubled Thai Airways Plans to seven destinations in November
(DBN)

Wizz says passenger numbers down 69% in October
(DBN)

Lack of passenger flights squeezes air freight capacity in peak season
(DBN)

These are the airlines teetering on the brink of COVID-19 ruin
(DBN)

A bankrupt airline's stock has soared 130% this year, even though it hasn't flown once in 2020
(DBN)

Governmental aid may be key to rescuing airlines on brink of covid ruin
(DBN)

Mexican airline Interjet cancels all flights for Sunday
(DBN)

____________

Healthcare:

U.S. healthcare providers face challenges in post-COVID-19 world: Gallup
(DBN)

More Americans approve of Fauci’s handling of coronavirus than Trump’s, poll says
(DBN)

Birx bluntly contradicts president on covid threat, urging all-out response... This is 'most deadly phase' yet
(DBN)

Florida doctors react to Trump's 'malicious' COVID claim
(DBN)

Early Covid-19 Vaccine Hopes Have a Math Problem
(DBN)

Internal memo shows Birx contradicting Trump on pandemic: This is 'most deadly phase' yet
(DBN)

More Than Politics On The Line For Voters With Preexisting Conditions
(DBN)

Comparing Biden's And Trump's Different Visions For Health Care
(DBN)

El Paso Gets 4th Mobile Morgue
(DBN)

Hospitals competing for nurses as US coronavirus cases surge
(DBN)

N.J. Expects Second Wave of Cases to Peak in 2021 First Quarter
(DBN)

The Potential for a Policy Failure on Vaccines Is Huge
(DBN)

The cost of Covid-19 goes well beyond medical bills
(DBN)

Court bars San Jose church's large services for violating health orders
(DBN)

Trump says he might fire Fauci. Technically, he can't.
(DBN)

Rest of world could go without if rich countries hoard vaccine doses
(DBN)

____________

Finance:

PPP loan borrowers are being steered toward forgiveness. Why they should slow down
(DBN)

____________

Student Debt:

What Do Trump And Biden Propose To Do About Student Loans?
(DBN)

____________

Bankruptcy Crimes:

Roanoke Woman Pleads Guilty to Failing to Disclose Ownership of Show Ponies as Part of Bankruptcy Proceedings
(DBN)

____________

Cosmetics:

Sizable Revlon 2021 Noteholder Icahn Capital on Sidelines of Proposed Exchange Offer
(DBN)

____________

Advertising:

Small businesses say they can't afford to compete on Google
(DBN)

____________

Utilities:

PG&E fire victim trust will start paying out bankruptcy settlement funds
(DBN)

FirstEnergy Stock Has Further To Fall
(DBN)

____________

Mass Torts:

Bayer takes $10 billion writedown, flags higher Roundup settlement bill
(DBN)

____________

UK:

Britain extends payment freeze to coronavirus-hit borrowers
(DBN)

UK Government Extends Coronavirus Job Retention Scheme
(DBN)

Johnson’s Scottish Leader Blames Brexit for Independence Support
(DBN)

Boris Johnson says there’s ‘no alternative’ as England braces for lockdown
(DBN)

Johnson Will Find Out Size of Tory Rebellion in Lockdown Vote
(DBN)

Goldman Asks Most London Staff to Work at Home on New Lockdown
(DBN)

Covid Resurgence Spurs U.K. to Extend Help to Mortgage Borrowers
(DBN)

Lloyd's of London to keep underwriting floor open Wednesdays only during second UK lockdown
(DBN)

____________

EU:

Europe’s shopkeepers on the warpath over lockdowns
(DBN)

Europe Risks a New Economic Downturn as Lockdowns Return
(DBN)

Europe’s prospects depend on more than beating the pandemic
(DBN)

Here’s how the economic cost of new COVID-19 restrictions will challenge Europe
(DBN)

Europe recovery fund needs to be temporary - Knot
(DBN)

No debt protection for outlet retailer Mega World
(DBN)

Trump criticizes lockdowns in Europe as Covid-19 cases surge on the continent and in US
(DBN)

____________

Canada:

Canadian home price optimism reaches post-pandemic high
(DBN)

The coronavirus is surging, but Canada is keeping schools open
(DBN)

____________

PIIGS:

Italy Considers National Curfew With Government Still Divided
(DBN)

Italy readies new anti-COVID stimulus package - minister
(DBN)

Monte dei Paschi CEO tells board bank faces 2 billion euro capital gap - source
(DBN)

____________

Germany:

Merkel Urges Germans to Stick to ‘Wave Breaker’ Virus Curbs
(DBN)

German Factories Led Europe’s Recovery Before Lockdowns Hit
(DBN)

Coronavirus measures are working, action needed to unleash more money - Scholz
(DBN)

____________

France:

New French lockdown to reduce economic activity by about 15% - Finance Ministry source
(DBN)

____________

Australia:

IMF urges tax, childcare reform for post-virus kick
(DBN)

____________

MENA:

Egypt Warns of Repercussions of Ignoring Virus Safety Measures
(DBN)

Oman to Implement Unprecedented Measures to Curb Budget Deficit
(DBN)

____________

India:

How Insolvency and Bankruptcy Code can provide exit mechanism in economy
(DBN)

____________

Austria:

At least 3 dead and 15 wounded in Austrian rampage: Police hunt for terrorist still on the run after 'multiple' gunmen opened fire on revellers during Vienna's final night before lockdown
(DBN)

____________

Indonesia:

Pandemic likely tipped Indonesia into first recession since 1998 - Reuters poll
(DBN)

____________

Switzerland:

First experiences of liquidators with the revised Swiss Law on Cross-Border Insolvencies
(DBN)

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