October 21, 2020

The Daily Bankruptcy News

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Law:

In 2020, These Big Firms Have Seen the Most Partner Exits These BigLaw firms had the most partner exits; one firm says pandemic changed career plans The Upswing In Biglaw Partner Departures
(DBN)

Will Remote Work Change Law Departments’ Tech Priorities?
(DBN)

Mintz Levin Names New Director of Diversity & Inclusion
(DBN)

Did You Cheat On The Bar Exam? Tell The State Bar For A Chance To Win A $50 Gift Card
(DBN)

Litigation Still Pays, Even Without a Courtroom
(DBN)

The Glass Ceiling Report: Law Firms ‘Fundamentally Struggle’ To Support Women
(DBN)

Pregnant Lawyer Finishes Hearing After Her Water Breaks In Courtroom
(DBN)

Mayer Brown Partner Settles $20M Suit Against Houston Restaurant
(DBN)

The Idea That ‘The Supreme Court Won’t Reverse Roe’ Is Everything Wrong With Lawyers
(DBN)

Fight over Trump's business records returns to appeals court Trump faces skeptical court in fight to keep records from House
(DBN)

Trump Demands Attorney General Barr Investigate Hunter Biden Trump asks Barr to investigate dubious claims against Joe and Hunter Biden Not Sure About the Hunter Biden Scandal? Let Us Try To Explain
(DBN)

Rudy Squanders the Last of His Credibility
(DBN)

AP finds most arrested in protests aren’t leftist radicals
(DBN)

Legal journalist Jeffrey Toobin reportedly exposes himself on Zoom, and it has job consequences
(DBN)

Federal Judge Ignores Ghislaine Maxwell's Desperate Motion, Then Fast-Tracks Release of Jeffrey Epstein Docs
(DBN)

Report: Massachusetts rarely fires state troopers, “no matter what they have done”
(DBN)

Top U.S. Marine in Europe, Africa under investigation for racial slur, relieved of duty
(DBN)

Judge Rules Breonna Taylor Juror Can Speak Publicly About Case Kentucky Judge Criticizes AG Daniel Cameron's 'Theatrical' Objection, Allows Breonna Taylor Grand Jurors to Speak About Case Grand Juror Refutes Ky. AG's Comments Louisville officer: "Breonna Taylor would be alive" if we had served no-knock warrant
(DBN)

Man Shot Dead By Customer For Holding Up Store Checkout Line
(DBN)

Khashoggi fiancee sues Saudi crown prince in US court Jamal Khashoggi's Fiancée Sues Mohammed bin Salman and Everyone Else Who Conspired to Murder Journalist in 'Brazen Crime'
(DBN)

Tiffany Trump’s Cringeworthy ‘Pride’ Speech Completely Ignored Trump’s Legal Attacks on LGBTQ Community
(DBN)

Mask request at Starbucks prompts tirade: 'This is America ... Trump 2020!' White customer berates Black Starbucks barista in viral video
(DBN)

White couple enters home, questions Black man as he moves into Airbnb
(DBN)

Trump Campaign Is Delinquent on $52,000 in Legal Fees for Lawsuit Filed Against Omarosa
(DBN)

DOJ Files Motion Arguing President Trump Is Full Of S---
(DBN)

Oldest California Prison Faulted Over Virus, Must Downsize
(DBN)

Parents Of 545 Children Separated At U.S.-Mexico Border Still Can't Be Found
(DBN)

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Judges:

Joe Biden has a better option than court-packing: Legislating
(DBN)

What should Democrats do about the Supreme Court?
(DBN)

Why Nine Justices? Court Packing’s History and Future
(DBN)

Court-Packing Alternatives Start Gaining Traction With Democrats
(DBN)

Face masks to bobbleheads: All things RBG available in gifts
(DBN)

What Will Happen To Justice Ruth Bader Ginsburg’s Law Clerks?
(DBN)

Dedicate a Building To Ginsburg, Lawmakers Tell Rutgers University
(DBN)

Barrett Says She Lacked Advance Details of White House Event
(DBN)

Barrett was trustee at private school with anti-gay policies
(DBN)

WH Chief of Staff Confirms to Federal Judge That Trump Lied About Authorizing the Release of All ‘Russia Hoax’ Docs
(DBN)

Senate to Work Through Weekend to Push Barrett Onto Court
(DBN)

51 percent want Barrett seated on Supreme Court: poll Only 3% of Americans have no opinion on whether Barrett should join Supreme Court
(DBN)

Judge Rebukes Betsy DeVos’s ‘Disturbingly Kafkaesque’ and ‘Potentially Unlawful’ Denials of Students Seeking Debt Relief
(DBN)

'He Rubbed It All Over Me': Louisiana Judge Is Going to Prison for Molesting Teen Daughters' Friends
(DBN)

______________

Wall Street:

Stocks and bonds yields climb as investors eye U.S. stimulus
(DBN)

Wall Street shares end higher on stimulus optimism
(DBN)

Blankfein and Cohn Must Testify in Goldman Sex-Bias Case
(DBN)

Goldman to Pay $2.8 Billion, Admit Wrongdoing to Settle 1MDB Charges
(DBN)

______________

Layoffs:

Report: Robots encroach on up to 800 million jobs around the world
(DBN)

Recession Eliminated First Hired, Last Fired For First Time In Decades
(DBN)

Covid-Hit Cathay Pacific To Cut 1 In 4 Jobs As It Announces Corporate Restructuring
(DBN)

______________

Politics:

Only a third of Americans plan to vote in person on Election Day Trump shouldn’t count on Republican voters to show up in droves on election day: Ex-RNC head
(DBN)

Trump Attacks ‘60 Minutes’ Host Lesley Stahl After Reportedly Cutting Interview Short Trump, unhappy with questions from '60 Minutes' host Lesley Stahl, threatens to release interview himself CBS Says If Trump Posts ‘60 Minutes’ Interview It Would Violate White House Agreement
(DBN)

GOP pollster Luntz blasts Trump campaign as worst he's ever seen
(DBN)

Trump Campaign Burned Through Almost Half Its Cash in September
(DBN)

Biden has huge cash advantage over Trump as Election Day nears
(DBN)

Dems: '75% Chance' Of Controlling Senate
(DBN)

Ex-RNC Chair Endorses Biden
(DBN)

Trump has 87% chance of reelection, stock market guru says 1H AGO
(DBN)

Survey Of U.S. Billionaires On How They Will Vote For President
(DBN)

Poll: Large majorities support Biden over Trump on major policy issues
(DBN)

37 Million Already Voted
(DBN)

'Monkeys with flamethrowers': How Trump plowed through his $1 billion war chest
(DBN)

Trump Records Shed New Light on Chinese Business Pursuits, Undisclosed Chinese Bank Account Trump has open bank account in CHINA ‘that paid $189k in taxes to the communist country over three years’
(DBN)

Trump and Biden will have mics cut during opponent's answers in final debate
(DBN)

National Guard revs up for election, more
(DBN)

Threatening Email Purported To Be From Proud Boys Tells Florida Democrats To Vote Trump ‘Or Else!’ Threatening emails to Dem voters spark investigations in Florida and Alaska Threatening emails sent to Florida voters linked to overseas servers
(DBN)

Another possible risk in U.S. election - 'faithless electors'
(DBN)

The Right’s Disinformation Machine Is Getting Ready for Trump to Lose
(DBN)

Right-wing media falsely ties Black Lives Matter movement to Beijing
(DBN)

Georgia’s Early Vote Soars 142% After GOP Attacks Mailed Ballots
(DBN)

The US is plagued by long voting lines. Here’s how other countries do it better.
(DBN)

Election Assistance Commission: Spreading out voting is key to limiting congestion
(DBN)

Iowa Leans to Flipping Blue
(DBN)

Republicans see bright spot in 2020 voter registration push
(DBN)

75% of US Jews voting for Biden in US presidential election
(DBN)

How QAnon uses satanic rhetoric to set up a narrative of 'good vs. evil'
(DBN)

QAnon conspiracy theory explodes ahead of the election
(DBN)

Poll: One-third of Americans are open to QAnon conspiracy theories
(DBN)

A reporter went to two different QAnon events. Here's what he found
(DBN)

A tied Supreme Court has allowed Pennsylvania to count mail-in ballots received up to 3 days after Election Day
(DBN)

Democrats are cheering a Supreme Court ruling on mail-in ballots. Here’s why it’s worse than it looks.
(DBN)

Chief Justice Roberts Is Holding the Line on Elections
(DBN)

We analyzed a conservative foundation's catalog of absentee ballot fraud. It's not a 2020 election threat
(DBN)

Court allows North Carolina mail-in ballots deadline extension
(DBN)

Trump Fundraisers Spun Wheels, Spending 77 Cents to Bring in $1
(DBN)

Miami Police Officer Spotted Wearing Trump Mask At Polling Place A Miami cop wore a Trump mask to vote, inflaming Democrats: 'This is city funded voter intimidation' Miami Police Respond After Uniformed Officer Was Photographed Wearing Trump 2020 ‘No More B------’ Mask at Polling Location
(DBN)

Funeral homes offer limousine rides to the polls nationwide
(DBN)

____________

History:

Americans worry about 2020 being another 2000, but the real worry is another 1876
(DBN)

____________

Education:

Empty Dorms Put Squeeze on Colleges to Bail Out Billions in Debt
(DBN)

How parents can talk virus safety at college
(DBN)

Younger Americans Stressed by Election, School Closures
(DBN)

America Will Sacrifice Anything for the College Experience
(DBN)

It Pays To Be An Apprentice: 63% More
(DBN)

A simulation of coronavirus spread in a classroom found kids in the back corners were safest. Here's why.
(DBN)

U. of Michigan hit with emergency stay-at-home order amid covid-19 spike. But the football team will play on.
(DBN)

____________

Hotels:

The coronavirus pandemic is costing hotels billions in business travel, and analysts say things might not go back to normal until 2024
(DBN)

____________

Concerts:

Want a Rock Concert? Singapore Tries Free Virus Tests for Entry
(DBN)

____________

Climate:

Dueling Climate Analyses Offer a Preview of Political Tensions to Come
(DBN)

Dust Bowl 2.0? Scientists Have Concerns
(DBN)

____________

Religion:

One N.J. Catholic diocese has filed for bankruptcy. Will the other 4 follow?
(DBN)

Televangelist Pat Robertson says God told him President will win, then an asteroid will hit Earth
(DBN)

____________

Gig Economy:

Uber's CEO says it will have to double prices in some cities if California voters reject its bid to avoid classifying its drivers as employees
(DBN)

____________

Sports:

The 2020 World Series: a tale of two payrolls
(DBN)

____________

Coal:

Nearly all US coal producers estimated to book lower Q3 earnings YOY
(DBN)

____________

Pharma:

City of Rockford $10 Billion Lawsuit Against Pharmaceutical Giant Mallinckrodt Threatened by Bankruptcy
(DBN)

Justice Department Presses to Curtail Purdue Pharma Bankruptcy Probe
(WSJ)

____________

Awards:

Benchmark Litigation 2021 Rankings
(DBN)

____________


Economy:

COVID-19 explodes the myth that women 'opt' out of the workforce
(DBN)

Citi’s Mann Fears Virus Economic Hit Will Crimp Firms for Years
(DBN)

‘Economic and social consequences will last a lot longer than the virus’: OECD
(DBN)

World trade rebounding slowly, outlook uncertain: U.N. report Global Trade Is Closing the Gap With Its Pre-Crisis Level
(DBN)

Food-Price Shock Thwarts Central Banks Fighting Historic Slump
(DBN)

Roach: Dollar is Headed Towards a Collapse
(DBN)

Rating agency scrutiny raises stakes for U.S. election process
(DBN)

Houlihan Lokey's Irwin Gold Sees 'World of Hurt' for Small Businesses
(DBN)

Start Preparing for the Coming Debt Crisis
(DBN)

Deloitte finds US consumers anxious about their finances, health ahead of the holidays
(DBN)

The US could plunge into a double-dip recession without timely stimulus, 'Dr. Doom' economist Nouriel Roubini says
(DBN)

Americans: Better Off Under Trump?
(DBN)

Fed GDPNow latest estimate: 35.3 percent
(DBN)

Older workers face higher unemployment than midcareer peers
(DBN)

More than 1 million in NY can't afford food
(DBN)

3 key swing states have higher unemployment than the national average
(DBN)

Trump pushes for major COVID-19 deal over Senate Republican objections Pelosi says Dems and White House are moving closer to a stimulus deal, downplays Tuesday deadline Pelosi Says Stimulus Bill Being Drafted While Some Issues Remain 'I'm not optimistic': Top Republican casts doubt on the huge stimulus deal Trump now says he wants Trump says Senate Republicans will go along with COVID aid deal Senate Republicans could be the real roadblock to getting a stimulus deal passed Stimulus nears election endgame on Pelosi deadline, Senate vote Nearly three-fourths of Americans support $2T coronavirus relief bill: poll Press Secretary: White House Says Republicans Will ‘Come Along With’ What Trump Wants On Stimulus Trump aide Meadows unsure Senate GOP will approve a $1.8 trillion coronavirus stimulus Trump urges stimulus package bigger than $2.2 trillion Senate Republicans are pouring cold water on approving a multitrillion-dollar stimulus deal as Trump pushes for a larger relief package than Democrats' ‘Let’s see what happens,’ Trump says as pre-election fiscal stimulus talks shuffle toward possible end Democrats Vote Against GOP’s PPP Stimulus Bill As McConnell Tells White House Not To Make A Deal Pelosi, Mnuchin Make Another Run at Stimulus McConnell Opposes
(DBN)

U.S. Swing States Saw Mixed Progress on Joblessness in September
(DBN)

Why the stimulus delay isn't a crisis (yet)
(DBN)

The Lack of Fiscal Aid Won't Wreck Consumer Spending
(DBN)

Here Are The States With The Highest Unemployment Rates In September
(DBN)

As Goes the Rust Belt, So Will Go America
(DBN)

States where food stamps are used the most
(DBN)

Joe Biden's economic agenda 'absolutely mind-boggling': Charles Payne
(DBN)

For Biden, ambitious economic plans may wait on battle with coronavirus
(DBN)

How America gave up on fighting the pandemic and saving the economy
(DBN)

Everywhere basic income has been tried, in one map
(DBN)

Synchrony to Allow U.S. Employees to Work From Home Permanently
(DBN)

Offices Resort to Sensors in Futile Attempts to Keep Workers Apart
(DBN)

Majority of U.S. states are on NY’s Covid travel restriction list, Cuomo says N.Y. Can’t Stop Viral Spread From N.J., Connecticut, Cuomo Says
(DBN)

Biden’s tax plan could boost tax rates to 62% for some New Yorkers and Californians, studies show
(DBN)

U.S. borders with Mexico, Canada to remain closed
(DBN)

There’s a Middle Ground in the Lockdown Debate
(DBN)

WI: Foxconn Deal Looks Worse Than Ever
(DBN)

The day that America lost $100 billion because of an immigration visa ban
(DBN)

Amazon is letting some office employees work remotely through June 2021, joining other major tech companies
(DBN)

Junk Bonds Won’t Save Everybody From Going Bust
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Distressed Real Estate During COVID-19: The Role of Intercreditor Agreements between Mortgage Lenders and Mezzanine Lenders
(DBN)

Judge considers challenge to CDC order halting evictions
(DBN)

U.S. single-family homebuilding accelerates in September Housing Starts at 1.415 Million Annual Rate in September Comments on September Housing Starts U.S. Housing Starts Increase Amid Shift to Single-Family Homes
(DBN)

____________

Municipalities:

FOMB President: It Is Time to Complete Debt Restructuring
(DBN)

From Detroit to Oakland, pandemic threatens urban renewal
(DBN)

Chicago Poised for Painful Choices to Close Record Budget Gap
(DBN)

____________

Oil/Gas:

Reports of Shale’s Death Were Greatly Exaggerated
(DBN)

Oil Demand Growth Won’t Be Saved By Petrochemical Boom
(DBN)

Modest Deals Reflect Slide for US Shale
(DBN)

GM to invest $2.2 billion in U.S. manufacturing to increase EV production
(DBN)

Texas Oil Deal Talks Must Navigate Potential Father-Son Conflict
(DBN)

Prepare For More U.S. Shale Mergers And Acquisitions U.S. shale mergers accelerate, as Pioneer-Parsley deal joins roster
(DBN)

Pacific Drilling Announces Denial of Permission to Appeal Zonda Arbitration Decision, Liquidation Ahead
(DBN)

Less carbon, more electric vehicles: automakers prepare for potential Biden win
(DBN)

NJ Calls for 100% Electric Cars by 2035
(DBN)

Exxon Spends Millions on Facebook To Keep the Fossil Fuel Industry Alive
(DBN)

Oil, gas industry’s economic turmoil fuels worries about fallout for landowners, communities
(DBN)

Yuma Energy Chapter 11 Bankruptcy Proceedings Converted to Chapter 7 Liquidation
(DBN)

____________

Tech:

Department of Justice expected to charge Google with multiple violations of federal antitrust law U.S. Justice Department hits Google with biggest antitrust lawsuit in two decades Bill Barr and Elizabeth Warren find a common enemy: Google U.S. says Google breakup may be needed to end violations of antitrust law Google calls antitrust case "deeply flawed" DOJ’s Google lawsuit is ‘almost an exact copy’ of Microsoft case, says professor What monopoly case? DOJ lawsuit unlikely to knock Google from pole position
(DBN)

Senate panel to vote Thursday on subpoenas for Twitter, Facebook CEOs
(DBN)

What Everyone's Missing in the Section 230 Debate
(DBN)

____________

Healthcare:

COVID-19 hits key states and demographics two weeks from vote
(DBN)

Covid Hospitalizations on rise in 41 states 14 states set virus hospitalization records Five more states in coronavirus ‘red zone,’ White House says. Total now at 31
(DBN)

832 Covid Deaths Today
(DBN)

Studies Point To Big Drop In COVID-19 Death Rates
(DBN)

CDC: Two-thirds of excess deaths were from COVID-19
(DBN)

New Yorkers’ Risk of Covid Death Was Double Earlier Estimates
(DBN)

Southern States Are Center of America's Pandemic
(DBN)

The coronavirus pandemic has caused nearly 300,000 more deaths than expected in a typical year
(DBN)

Covid is accelerating across the globe as U.S. and Europe head into flu season
(DBN)

Trump criticizes 'Fauci and these idiots,' says public is tired of restrictions as infection rates rise Trump says Fauci is ‘terrific guy’ but not ‘team player’ GOP Senators Defend Fauci
(DBN)

NIH chief: Trump has not met with White House COVID-19 task force in 'quite some time'
(DBN)

An explosive documentary details how Jared Kushner's coronavirus task force consisted mainly of 20-something volunteers buying PPE with personal email accounts
(DBN)

Some countries that avoided initial coronavirus surge see first spike in cases
(DBN)

People should wear masks on public transportation, stronger CDC guidance says
(DBN)

Every resident of Kansas nursing home has COVID-19
(DBN)

Maine church's rally linked to 32 COVID-19 cases
(DBN)

In one Montana town, mask rules vary by the business
(DBN)

Roche CEO Warns Against High Hopes for Speedy Covid Vaccines
(DBN)

COVID-19 vaccine barriers: Efficacy, availability and acceptability
(DBN)

Researchers Warn Some Covid-19 Vaccines Could Increase Risk Of HIV Infection
(DBN)

Moderna CEO eyes December for COVID vaccine
(DBN)

China defends giving experimental COVID vaccines to thousands
(DBN)

7 Tips for Staying Safe as COVID-19 Cases Rise and Colder Weather Heightens the Risk
(DBN)

Covid-19’s Global Divide: As West Reels, Asia Keeps Virus at Bay
(WSJ)

What are the treatment options for COVID-19?
(DBN)

Yes, Covid-19 Is More Serious for the Elderly. So What?
(DBN)

Trump said the opioid epidemic would go away. It didn’t.
(DBN)

A Polish Gym Rebranded as a Church to Avoid Coronavirus Restrictions
(DBN)

Leaders in US, Europe divided on response to surging virus
(DBN)

____________

Movie Theaters:

AMC to raise fresh capital, warns of liquidity troubles Movie chain to sell stock despite bankruptcy risk AMC Entertainment to Sell Stock Amid Bankruptcy Warning AMC warns bankruptcy is on the table as cash runs low AMC Races To Raise Cash As Time Runs Short For Theater Giant AMC faces cash crunch, flags going concern doubts AMC could file for bankruptcy as movie industry remains in free-fall
(DBN)

Save the Movies
(DBN)

Curbside Popcorn and ‘Hocus Pocus’: Small Movie Theaters Try Anything to Survive
(WSJ)

B&B Theatres faces potential looming bankruptcy months after opening Topeka location
(DBN)

Millions of Movie Goers Defy Pandemic in Japan’s Record Opening
(DBN)

____________

Sports:

Few fans, masked umps, muted celebrations for World Series
(DBN)

____________

Theme Parks:

Anaheim Business Owners Say Continued Theme Park Closures Could Bankrupt Them
(DBN)

California lays out strict conditions for theme park reopenings
(DBN)

____________

Finance:

Are you selling your business or merging? … Not so fast, if you are a PPP borrower.
(DBN)

____________

Celebs:

Katie Price getting £3k hair transplant after stress over bankruptcy leaves her with huge bald patch
(DBN)

Steve Bing Was Worth $300,000 at the Time of His Death, After Inheriting $600 Million
(DBN)

____________

Newspapers:

Bankrupt Mainstream Media ‘Pay-For-Clicks’ Model Panned By Reporters
(DBN)

____________

Utilities:

PG&E Ripped for Prioritizing Cleanup in Areas With Low Fire Risk PG&E monitor suggests tree trimming program emphasized numbers over safety
(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 (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (48 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:

US corporate bankruptcies continue to mount amid coronavirus, but at slower pace
(DBN)

Escalating Debt Brawls Add to Headache for Distressed Companies
(DBN)

2020 Total Chapter 11 Cases on Pace to Be Nearly 25 Percent Higher Than Last Year
(DBN)

BK SD MS: Updated Filing Statistics
(DBN)

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D&O:

D&O Litigation Risks Grow as Bankruptcies Surge
(DBN)

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Venue:

Quarterly Bankruptcy Review: Venue Trends and Worrisome Legislation
(DBN)

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Avoidance Actions:

Eleventh Circuit Affirms Punitive Damages For A Fraudulent Transfer And Rejects Constructive Notice In Judkins
(DBN)

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Automatic Stay:

How Is Refusing A Turnover Request Not “Exercising Control Over”? (City of Chicago v. Fulton)
(DBN)

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Bankruptcy Research:

The Effect of Principal Reduction on Household Distress: Evidence from Mortgage Cramdown
(DBN)

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ADR:

Virtual ADR Becomes a Practical Option for Corporate Bankruptcies
(DBN)

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Receivers:

____________

Aviation:

Airlines Will Face a Reckoning Like the Banks Did
(DBN)

United throws ‘kitchen sink’ at investors to secure $3bn borrowing
(DBN)

Chair of House coronavirus oversight subcommittee asks cargo airlines to return $630 million in aid
(DBN)

Waiting for aid: U.S. airline workers 'pawns' in stimulus battle
(DBN)

What The Data Show About The Efficacy Of Masks On Long Flights
(DBN)

Should you get a COVID-19 test before traveling? Here's what doctors say.
(DBN)

Wizz Air CEO expects smaller airline industry after pandemic
(DBN)

A woman in her 30s died of coronavirus on a flight
(DBN)

Pandemic-stricken Lufthansa posts 1.26 billion euro third-quarter operating loss
(DBN)

Cathay Pacific to cut 6,000 jobs, axe Cathay Dragon brand: SCMP Cathay Pacific Sees a Discount Path to Survival
(DBN)

Singapore Airlines to Restart Non-Stop Flights to New York City
(DBN)

Hong Kong-Singapore Travel Bubble May Have One Flight a Day
(DBN)

Aeromexico posts slimmer quarterly loss, eyes pickup amid pandemic Aeromexico reports dismal Q3 results, but sees improvement
(DBN)

Pandemic Means Some Hard-Hit Airbus Suppliers Just Won’t Make It
(DBN)

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Food/Beverage:

Many Restaurant Companies May Be Holding Off On Bankruptcy Until The COVID-19 Uncertainty Fades
(DBN)

Pizza Hut Drivers Claim $320 Million Mileage Underpayment
(DBN)

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Personal Finance:

Best county to retire in every state
(DBN)

____________

Autos:

Hertz bankruptcy judge approves revised employee bonus plan
(DBN)

Wall Street sees profit recovery for automakers, but will it last?
(DBN)

Detroit Automakers Face Delicate Dance With Red-State Supporters
(DBN)

Hertz is going through bankruptcy and its stock is up 128%. How does that make sense?
(DBN)

____________

Agribusiness:

California’s fabled wine region is having ‘the most horrible, devastating and catastrophic year’
(DBN)

Awash In Relief Money, Ohio Valley Farmers Reflect On Trump Promises — And Their Ballots
(DBN)

____________

Banking:

Big Banks Need a Year’s Worth of Liquidity Under New U.S. Rule
(DBN)

Stiglitz Urges Banks to Mend ‘Bad Activities,’ Return to Lending
(DBN)

Agencies Finalize Rule to Reduce the Impact of Large Bank Failures
(DBN)

____________

Retailing:

JCPenney CEO says company expects to exit Chapter 11 ahead of holiday season
(DBN)

U.S. retailers secure stores as worries about election unrest mount
(DBN)

Mall owners plan to buy JCPenney J.C. Penney Rushes to Finalize Sale to Lender, Landlord Group JCPenney Files Draft Asset Purchase Agreement
(DBN)

J.C. Penney’s new owners won’t assume its pension plan and other retiree benefits
(DBN)

U.S. Retail Sales Return to Pre-Pandemic Trajectory
(DBN)

Houston holiday spending projected to plunge by nearly 25 percent Holiday survey finds shoppers plan to spend less, shop at fewer stores this year
(DBN)

Lidl to install hospital grade air filters in all U.S. stores by yearend
(DBN)

True Religion exits bankruptcy — again
(DBN)

____________

Hotels:

Harsh reality faces hotel companies in Q3
(DBN)

STR: US hotel performance for September 2020
(DBN)

Prominent NY hotel developer Chang’s businesses received millions in PPP loans
(DBN)

____________

Student Debt:

Judge Blasts DeVos Over Student Loan Relief
(DBN)

____________

Cosmetics:

Revlon Says Bond Investors May Not Get Paid if Exchange Fails
(DBN)

____________

Mail:

USPS Didn't Care How Changes Slowed Mail
(DBN)

USPS told its postal police officers to stand down, igniting concerns about mail-in ballot security and sparking another lawsuit against the agency
(DBN)

____________

Entertainment:

Weinstein Bankruptcy Judge Denies Motion By Some Victims To Convert From Chapter 11 To Chapter 7
(DBN)

____________

Sovereigns:

Zambia adjourns creditor meetings to defer Eurobond payments
(DBN)

____________

UK:

Extension of Insolvency Measures Introduced by the UK Corporate Insolvency and Governance Act 2020
(DBN)

EU’s Barnier Tells U.K. Door Is Always Open for Brexit Talks EU’s Barnier Highlights U.K. Sovereignty in Bid to Resume Talks
(DBN)

UK: Public Debt Hits 103.5% of GDP
(DBN)

U.K. Budget Deficit Hits $271 Billion Amid Calls for More Aid
(DBN)

Boris Johnson Presses Manchester to Accept Stricter Covid Rules
(DBN)

U.K. Expands Areas Under Highest Restrictions as Virus Spreads
(DBN)

Bank of England policymaker backs negative interest rates
(DBN)

____________

EU:

EU may shut door to travel from Canada, allow Singapore visitors
(DBN)

Double dip recession looms for Europe post Covid
(DBN)

____________

PIIGS:

Ireland is imposing one of Europe's strictest coronavirus lockdowns, and the government expects 150,000 people to lose their jobs within days
(DBN)

Italian PM Considers New Curbs After Regions Tighten Restrictions
(DBN)

____________

Australia:

SMBs shouldn't be under the same insolvency laws: lawyer group
(DBN)

____________

Argentina:

Argentina passes 1 million cases as virus hits Latin America Psychological trauma of longest lockdown mounts in Buenos Aires as Argentina passes 1m cases
(DBN)

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France:

A gruesome murder in France rekindles the country’s debate on free speech and Islam
(DBN)

____________

India:

Decree holders not financial creditors under IBC
(DBN)

Modi Urges Virus Precautions Ahead of India’s Festival Season
(DBN)

‘Jury is still out’ on negative rates, ex-Indian central bank chief says
(DBN)

____________

Slovakia:

Accept Covid-19 Testing or Face Quarantine, Leader Tells Slovaks
(DBN)

____________

MENA:

Iran’s New Coronavirus Cases Surge by Nearly a Fifth to Record
(DBN)

U.S. Lawsuit Filed Against Saudi Prince for Khashoggi Killing
(DBN)

____________

Hong Kong:

Hong Kong is heading for a 'cataclysmic recession' as city's runaway debt service ratio imperils economy, research firm says
(DBN)

____________

New Zealand:

Damien Grant fights for insolvency career in court after license rejected over criminal history
(DBN)

____________

China:

China Will Likely See Positive Economic Growth for 2020, PBOC Governor Says
(DBN)

____________

Malaysia:

Malaysia Allows 10% of Workers Under Lockdown to Work in Office
(DBN)

____________


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