November 6, 2020

The Daily Bankruptcy News

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Law:

Biglaw Firm Encourages ‘Don’t Ask, Don’t Tell’ Policy When It Comes To Election Results
(DBN)

Hope For Fall Special Bonuses Is Fading Fast
(DBN)

Layoffs Are Spreading Faster, As Some Firms Quietly Cut Ranks
(DBN)

Frost Brown Todd Adds Jordan Blask and Jillian Nolan Snider to Bankruptcy Practice
(DBN)

Schulte Roth & Zabel Announces Addition of Distressed Investing and Restructuring Lawyer Douglas S. Mintz
(DBN)

Simmons rolls out bonuses, stops short of guaranteeing pay and jobs
(DBN)

Lawyer Instagrams himself breaking quarantine
(DBN)

Money-Moving Practices Power Big Law’s Growing Prestige Gap
(DBN)

Being A Black Mother And Attorney … In 2020 … No Pressure!
(DBN)

Virtual Legal Conferences: Can You Really ‘Connect’ Online?
(DBN)

Wait, How Much Money Has This Biglaw Firm Billed To Democrats?
(DBN)

Western Michigan University Ditches Cooley Law School
(DBN)

Trump’s bizarre, haphazard legal strategy to disrupt vote counting, briefly explained Trump hits election integrity with unsupported complaints Trump’s desperate “STOP THE COUNT!” tweet, briefly explained I was in the 2000 'Brooks Brothers Riot.' Trump supporters are way out of line Trump Team Pursues Contradictory Strategy as U.S. Counts Votes Trump Expands Legal Fight Over Vote Counts in Close States Trump's demand to throw out ballots arriving after Election Day would break the law and disenfranchise military voters Trump’s final fight is with democracy itself Trump Is Powerless to Stop the Count Bush v Gore Lawyers Mock Trump's Lawsuits
(DBN)

Philadelphia Police Reportedly Thwart Plot To Attack Vote Counting Center
(DBN)

Trump and his Republican allies want to keep counting votes in 2 states where they're behind and stop counting votes in 3 states where they're ahead “Stop the count” vs. “count every vote”: The post-election protests around the country, explained
(DBN)

Explainer: What’s happening with poll watchers?
(DBN)

Georgia Judge Throws Out Trump Campaign Lawsuit That Produced Exactly Zero Evidence of Fraud
(DBN)

Republicans Are Throwing Unsubstantiated Allegations of Fraud at the Wall and Hoping They Stick
(DBN)

‘Come on Now’: Michigan Judge Scoffs at and Tosses Trump Campaign Lawsuit Backed by ‘Hearsay’ Evidence Judge denies Trump's effort to stop vote count in Michigan
(DBN)

PA Judge Rules In Favor Of Trump Campaign, Causing Philly To Pause Its Vote Count Temporarily
(DBN)

Georgia prosecutor criticized for handling of Ahmaud Arbery investigation ousted by voters
(DBN)

U.S. Seeks Forfeiture of Bitcoin Valued at Over $1 Billion
(DBN)

Judge rejects moving trial of ex-officers in Floyd’s death All Four Ex-Cops Charged in George Floyd Murder Case Will Be Tried Together in Televised Proceedings
(DBN)

Tired of blue state life, rural Oregon voters eye new border
(DBN)

Affirmative action push in Proposition 16 fails to win over California voters Californians Push Back at Progressive Dogma
(DBN)

Formerly incarcerated lawyer wins state legislature race
(DBN)

Gov. Cuomo says 2021 is ‘ripe’ for legalizing pot in New York
(DBN)

Florida man thinks he hears intruder, fatally shoots pregnant wife: cops
(DBN)

Lawyer is accused of offering free legal services if woman cleaned his home in the nude
(DBN)

America's Disastrous Drug War Is Finally Unraveling
(DBN)

Nevada becomes first state to recognize gay marriage in state constitution
(DBN)

Lawyer gives CPR to doomed bear
(DBN)

TX AG's Affair Tied to Criminal Allegations
(DBN)

City Says Businesses Can Call 911 On Bareface Customers
(DBN)

______________

Judges:

Court Packing Advocates Probably Cost Democrats The Senate
(DBN)

Why the Supreme Court probably won’t help Trump’s reelection fate
(DBN)

Barrett asks about precedent in case involving LGBTQ discrimination and religious rights
(DBN)

______________

Wall Street:

Dow futures fall more than 200 points following post-election rally
(DBN)

Global stocks slip after Trump falsely insists he won the tightest election in 20 years, while Biden inches closer to victory
(DBN)

Warren Buffett’s favorite indicator, margin levels and technicals agree: This stock market could be in trouble
(DBN)

Stocks rally as US tax hike threat fades
(DBN)

______________

Layoffs:

ESPN to lay off 300 people. Here’s the memo
(DBN)

______________

Sports:

U.S. Sports Leagues Facing Nearly $13 Billion in Covid Losses
(DBN)

As Covid-19 Explodes, America’s Entertainment And Sports Industries Implode
(DBN)

NFL fines, strips Raiders of draft pick for protocol violations
(DBN)

Houston Texans, Indianapolis Colts report positive COVID-19 tests among player, staffer
(DBN)

NBA’s return by Christmas appears to be on track
(DBN)

NBA's Toronto Raptors weigh temporary stay in U.S.
(DBN)

ESPN announces hundreds of layoffs as pandemic, cord-cutting upend sports television
(DBN)

Texans will be without three linebackers due to COVID-19
(DBN)

____________

Gig Economy:

After victory in California labor law fight, Uber and Lyft eye other states
(DBN)

Uber's Revenue Collapses 18%
(DBN)

____________

Cruise Lines:

Cruises can start a phased reopening — but be ready for shorter voyages, multiple COVID tests and no more buffets
(DBN)

____________

Healthcare:

Covid-19 cases surge to dangerous levels as election remains on razor’s edge
(DBN)

The US surpassed 116,000 daily new COVID-19 cases, again breaking the record for highest single-day count
(DBN)

Nationwide Covid Metrics
(DBN)

Illinois Reports Record-High Daily Case Count as State Reaches Grim Milestone
(DBN)

Bowser’s newest order for DC: Visitors need to get tested
(DBN)

Counties with worst virus surges overwhelmingly voted Trump
(DBN)

Telecommuting Saved Some from Covid
(DBN)

The election killed any dreams of big health care changes
(DBN)

The US Covid-19 epidemic hit a deadly new milestone, and help isn’t on the way
(DBN)

Covid-19, in addition to stealing sense of smell, may also warp it
(DBN)

1 In 5 Grocery Store Workers Test Positive
(DBN)

Covid immune response faster and stronger post-infection, scientists say
(DBN)

Missouri Election Official Worked Polls On Election Day While Knowingly Covid-Positive, And Then Died
(DBN)

China Bans Travel From U.K., India And Other Countries With Higher Coronavirus Infection Rates
(DBN)

The US's workplace safety regulator just released guidance on how to ventilate offices to decrease the airborne spread of COVID-19
(DBN)

____________

Bowling:

Will America's Quintessential Bowling Alleys Survive the Pandemic?
(DBN)

____________

Religion:

Bond trustee negotiates deal with bankrupt New Orleans archdiocese
(DBN)

Donald Trump’s spiritual adviser leads bizarre prayer service 'to win election'
(DBN)

Financial scandal: Pope moves against secretariat of state
(DBN)

____________

Cannabis:

Cannabis shares rebound after marijuana goes mainstream
(DBN)

____________

Finance:

Feds Must Reveal Names and Dollar Amounts for All PPP Loan Recipients, Judge Orders
(DBN)

____________

Celebs:

Boris serves up a surprise! Tennis star Becker puts his £1.8m German villa on the market, but there's a catch...the buyer must live with his 85-year-old mum!
(DBN)

____________

Tech:

Twitter slaps labels on 5 of Trump's tweets, citing them as 'disputed' and possibly 'misleading'
(DBN)

Facebook confirms new steps to curb election misinformation
(DBN)

Facebook Removes 'Stop the Steal' Groups
(DBN)

___________


Economy:

Initial jobless claims dip to 751,000 Jobless claims edge lower but are still well above pre-pandemic levels More Americans than forecast file for state jobless benefits U.S. weekly jobless claims drop modestly; labor market recovery cooling
(DBN)

October Employment Preview
(DBN)

Amid election uncertainty and viral surge, U.S. economic recovery wobbles
(DBN)

There are ‘pretty high’ risks of the U.S. economy backtracking, Moody’s economist warns
(DBN)

What The Job Market Would Look Like With Joe Biden As President Of The United States
(DBN)

Welcome to the Worst Election Outcome for the Global Economy
(DBN)

Republicans' consumer confidence nosedives after Election Day
(DBN)

'Now is a time to be cautious': The world's largest distressed-securities investor breaks down why an unstable economy leaves the market vulnerable to further shocks
(DBN)

Mitch McConnell says he’s open to stimulus during lame duck — but there are a lot of wild cards
(DBN)

Fed chair says economy will see "stronger recovery" with stimulus package
(DBN)

Job growth expected to have slowed in October
(DBN)

U.S. Productivity Gains Slow Despite Record Economic Growth
(DBN)

The U.S. is as corporate tax-friendly as it's ever been
(DBN)

Big businesses' corporate paradise may be coming to an end
(DBN)

Government gridlock would be the worst-case economic scenario Wall Street draws comfort from potential divided Congress, eyes move to Fed Here’s what changed in the new Fed statement Fed holds rates near zero, says economy still well below pre-pandemic levels
(DBN)

Amid election uncertainty and viral surge, U.S. economic recovery wobbles
(DBN)

U.S. dollar drops to lowest since 2018 on prospect of Biden win
(DBN)

FOMC Statement: No Change Fed Holds Rates Steady and Signals Continued Wariness Powell Still Thinks U.S. Needs More Stimulus For Full Recovery Fed holds rates near zero — here’s how that benefits you, regardless of politics
(DBN)

Western Economies Embrace State Intervention, Emulating Asia
(DBN)

Fed has the economy's weight on its shoulders again
(DBN)

Deutsche Bank has stopped shorting the U.S. dollar following the presidential election: FN
(DBN)

Nobel laureate Paul Krugman says the US still needs several hundred billion dollars a month to repair a coronavirus-stricken economy
(DBN)

Overshadowed by election, Fed aims to keep it that way
(DBN)

The pandemic is amplifying tensions between working moms and child-free colleagues
(DBN)

A Look at Donald Trump’s Economic Scorecard
(DBN)

In a Pandemic, Every Day Is Bring-Your-Child-to-Work Day
(DBN)

San Francisco voters pass 'Overpaid Executive Tax'
(DBN)

The Era of Free Trade is Over
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Cinemas and gyms continue to withhold rent in blow to mall owners
(DBN)

Management company owned by Jared Kushner files to evict hundreds of families as moratoriums expire
(DBN)

U.S. Mortgage Rates Fall to a Record Low for 12th Time This Year
(DBN)

Apartment dwellers feel the pinch
(DBN)

____________

Municipalities:

Puerto Ricans have voted in favor of statehood. Now it’s up to Congress.
(DBN)

____________

Oil/Gas:

In re Chesapeake Energy Corporation and In re Extraction Oil & Gas, Inc.: New Rulings Against Midstream Gatherers Further Dividing the Courts Regarding Covenants Running with the Land
(DBN)

Oil Hasn't Been This Bearish Is Nearly A Century
(DBN)

No let up for oil and gas borrowers
(DBN)

Houston energy companies cut losses; oil surges after vote
(DBN)

Oil falls as virus cases rise, U.S. vote count continues
(DBN)

Slumping energy prices drag down Oklahoma tax collections
(DBN)

Famed luxury carmaker Bentley to go fully electric by 2030
(DBN)

Trump abruptly replaces chairman of key energy commission
(DBN)

____________

Politics:

Thursday evening update: where the presidential race stands Biden has taken the lead in the Republican stronghold of Georgia, as he closes in on the presidency Biden erases Trump lead in Georgia, margin shrinks in Pennsylvania Trump Cuts Biden’s Lead In Arizona To Under 50,000
(DBN)

Trump prepares to launch a second term early, even without winning
(DBN)

Trump turns angry and despondent as possible defeat looms Leads 22,389 in PA; At least 175,000 ballots left
(DBN)

Joe Biden ‘on track to get 80 million votes’ and shatters all-time popular vote record The Repudiation
(DBN)

Georgia voters will decide which party controls the Senate in 2 unusual runoff races in January Georgia Senate runoff election is shaping up to cost tens of millions of dollars
(DBN)

New GOP campaign: Argue election stolen, Biden illegitimate Defiant Trump baselessly claims he was cheated as Biden nears victory
(DBN)

"This is getting insane": Republicans rebuke Trump over baseless election claims Chris Christie tells Trump to stop inflaming and show the evidence James Baker, who led Bush's recount battle, says Trump should let votes be counted Trump’s vote diatribe both shocking, unsurprising Here Are The (Debunked) Voter Fraud Claims Trump And His Supporters Are Spreading Trump Sons Attack GOP for Weak Backing
(DBN)

Lindsey Graham, Ted Cruz back Trump's baseless claims of rigged election
(DBN)

Bannon calls for beheading Fauci and FBI Director Wray Steve Bannon Condemned, Banned From Twitter After Suggesting Violence As ‘A Warning To Federal Bureaucrats’
(DBN)

Long at odds with Trump, Defense Secretary Esper has prepared a resignation letter, officials say
(DBN)

Don't Forget About Faithless Electors
(DBN)

Both Parties Are Heading Toward a Reckoning
(DBN)

Even if Biden Wins, It’s Trump’s America Now
(DBN)

Hispanic Voters Deliver a Texas Win for Trump ‘Catastrophic Erosion’ in Hispanic Support Led to Democratic Struggle for Congressional Wins: Cook Report
(DBN)

Bernie Sanders's election-night predictions were eerily correct
(DBN)

Presidential election exposes America’s ‘perilous’ divides
(DBN)

FAA issues flight restrictions for Wilmington as election results loom
(DBN)

‘A decade of power’: Statehouse wins position GOP to dominate redistricting
(DBN)

U.S. Congress Readies for Bruising Lame-Duck Session
(DBN)

‘Knives Are Out’ After Dem Strategy Fizzles in House Races
(DBN)

Biden Faces Prospect of Gridlock Presidency After Party Losses
(DBN)

GOP Shreds Democrats’ Senate Hopes by Holding On in Key States
(DBN)

Trump's messaging strategy has been blown to pieces as Biden comes within striking distance of the White House
(DBN)

Pa. lieutenant governor predicts Biden will win state's 20 electoral votes
(DBN)

Trump tweets 'stop the count' as legal vote counting continues
(DBN)

Trump accused of undermining US democracy by international elections watchdog
(DBN)

The MAGA bullhorn shouts Trump’s baseless claims of fraud
(DBN)

Mulvaney: ‘You can absolutely guarantee a peaceful transition of power’ if Trump loses
(DBN)

Democrats frustrated, GOP jubilant in Senate fight
(DBN)

Uncertainty, Trump loom over packed year-end agenda
(DBN)

GOP pollster: Trump cannot beat Biden without wins in Arizona and Pennsylvania
(DBN)

The Justice Department said armed federal officers can be sent to investigate fraud in state ballot counting, sending a potentially chilling message
(DBN)

Election officials debunked the Arizona 'SharpieGate' conspiracy theory that right-wing activists spread online Driven by unfounded 'Sharpiegate' rumor, pro-Trump protesters mass outside Arizona vote-counting center
(DBN)

Trump’s gains with Hispanic voters should prompt some progressive rethinking
(DBN)

An Armed Mob of Trump Supporters Tried to Shut Down an Arizona Election Office
(DBN)

Oklahoma elects nation's first openly nonbinary state lawmaker
(DBN)

Video shared by Eric Trump showing person ‘Burning 80 Trump Ballots’ is fake: officials
(DBN)

The Polls Underestimated Trump Again. Nobody Agrees on Why.
(DBN)

Despite ‘racist’ charges, Trump did better with minorities than any GOP candidate in 60 years The Trump vote is rising among Blacks and Hispanics, despite the conventional wisdom
(DBN)

Moving to Canada over the election results? Maine police ask you take a boat or plane
(DBN)

____________

Banking:

Commerzbank readies for hit from lockdown insolvencies
(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 (5 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:

Hawaii bankruptcies continue downward trend despite pandemic
(DBN)

Commercial Chapter 11 Filings Up 30% YTD in October Y/Y
(DBN)

______________

Sovereign Immunity:

Bankruptcy Court Upholds Indian Tribe’s Sovereign Immunity
(DBN)

____________

Miscellaneous:

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

____________

Subchapter V:

Subchapter V: What Does “Fair and Equitable” Mean For Plan Confirmation? (In re Pearl & In re Ellingsworth)
(DBN)

____________

Mediation:

Online Mediations Are Here to Stay
(DBN)

____________

Aviation:

Booking Holdings CEO Says Travel Recovery Will Take Years, Not Quarters
(DBN)

Virgin Galactic’s quarterly losses continue with next spaceflight in late November
(DBN)

SAA's $665 million bailout does not cover aircraft lessors, other creditors
(DBN)

Bombardier Falls as U.K. Confirms Probe of ‘Suspected Bribery’
(DBN)

IndiGo in Talks Over Big Engine Order, Defying Aviation Gloom
(DBN)

EU May Use Aviation as Pawn if Brexit Goes Wrong, U.S. Envoy Says
(DBN)

Thai Airways selling 34 planes to highest bidder to raise cash
(DBN)

Aeromexico seeks permission from U.S. bankruptcy court to lay off 1,830 workers
(DBN)

Germany agrees to give COVID-hit airports financial aid
(DBN)

Lufthansa could need more money next year
(DBN)

____________

Retailing:

Holiday shopping as we know it is over — just ask seasonal workers
(DBN)

5 forces that stripped apparel sales in the last decade
(DBN)

Costco sales continue to skyrocket in the pandemic at a time when most rivals are seeing fewer instore shoppers
(DBN)

Secondhand Is Here To Stay
(DBN)

Between COVID-19 and a bankruptcy, fate of Downtown Brooks Brothers store hangs in the balance
(DBN)

____________

Event Facilities:

‘The Bitter End’ for nation’s live music venues?
(DBN)

____________

Climate:

Eta to recharge over warm waters, then make a run at Cuba and southern Florida
(DBN)

A Paris Exit Creates Climate Liability for U.S. Businesses
(DBN)

October Was the Hottest on Record for Europe
(DBN)

____________

Mail:

What’s really going on with the mail-in ballots the US Postal Service can’t trace
(DBN)

Judge orders further sweeps of Postal Service facilities for undelivered ballots
(DBN)

____________

Newspapers:

New York Times slides after warning of subscriber slowdown
(DBN)


____________

Pharma:

$26 Billion Settlement Offer in Opioid Lawsuits Gains Wide Support
(DBN)

____________

Entertainment:

Weinstein Co. bankruptcy plan headed to a vote by accusers
(DBN)

____________

Food/Beverage:

Pandemic Cools Breakfast Sales At Fast-Food Restaurants
(DBN)

____________

UK:

Britain extends its coronavirus furlough program until the end of March U.K. Extends 80% Furlough Pay to End of March
(DBN)

EU Commissioner Breton sees 50/50 chance of Brexit deal
(DBN)

Is Liverpool’s Mass Testing Experiment a Covid Game Changer?
(DBN)

UK small businesses face crushing new coronavirus lockdown
(DBN)

EU Sees U.K. Economy Tanking in First Forecast Assuming No-Deal
(DBN)

The return of Crown preference – is the time right to change the order of priority?
(DBN)

FTSE 100 falls on virus concerns, Brexit uncertainty
(DBN)

____________

EU:

WHO warns of 'explosion' of virus cases in Europe: AFP interview
(DBN)

____________

Canada:

Insolvency activity surging Jump in Insolvencies Heralds Pandemic Hit to Canadian Households
(DBN)

____________

PIIGS:

Four Italian regions, including Milan, put under lockdown
(DBN)

Italy's main econ indicators at pre-crisis levels, outlook uncertain - ISTAT
(DBN)

Greece to Go Into Nationwide Lockdown on Saturday, Premier Says
(DBN)

Europe's second wave: anger in Italy as Covid restrictions bite across continent
(DBN)

____________

Canada:

Canada's job gains set to stall in October on business closures
(DBN)

____________

Sweden:

Swedish prime minister self-isolating after contact tested positive for COVID-19
(DBN)

Sweden sets new COVID-19 case record as deaths pass 6,000 mark
(DBN)

____________

Denmark:

Denmark seeks to kill 15 million minks to limit coronavirus
(DBN)

Denmark Covid-19 Virus Mutation Leads to New Restrictions
(DBN)

____________

France:

Paris bans delivery and takeaway food and alcohol at night -police
(DBN)

____________

Indonesia:

Indonesia’s Jobless Rate Surges to Nine-Year High Amid Recession
(DBN)

____________

Ukraine:

Ukraine enacts anti-COVID-19 changes to Code on Bankruptcy Proceedings
(DBN)

____________

Asia:

Guide To Restructuring, Turnaround And Insolvency In Asia Pacific 2020.
(DBN)

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