September 1, 2020

The Daily Bankruptcy News

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Law:

Am Law 50 Firm Extends Mandatory Work-From-Home Policy Though January 2021 Reed Smith to Stay Remote Through End of the Year
(DBN)

Biglaw Malpractice Case Takes Turn After Wild Internal Email Uncovered
(DBN)

Those Salary Cuts - Not Restoring Them Creates Retention/Lateral Hiring Risks
(DBN)

What Are Your Associates Really Thinking? Young Lawyers' Brutally Honest Advice to Their Firms
(DBN)

Summer associate—said to be ‘like a dude in heels’—was victim of gender bias and bullying, suit says
(DBN)

Racist Comment by New York Landlords’ Attorney Is Symptom of Larger Problem
(DBN)

US lateral hires market picks up among litigation practices
(DBN)

Junior Partners - All Genders - Who Are Parents of Young Children During COVID-19
(DBN)

This law prof has been fighting off Twitter trolls during the coronavirus crisis
(DBN)

That Rite of Passage from Too-Much-Education to Work - Not Going Smoothly in Legal Sector
(DBN)

Washburn Law School Removes Statues Of Ben Franklin, Thomas Jefferson
(DBN)

How Ropes & Gray Hit 31% Female Partners: Its Women's Group Is Not Just For Mommies.
(DBN)

'I don‘t know how she does it:' Lil Wayne sports agent, Norton Rose lawyer does double duty
(DBN)

California Advances Bill for $515 Bar Fee for Active Attorneys
(DBN)

What Do Politics Have To Do With Your Law Firm’s Reopening Plan?
(DBN)

St. Louis lawyer couple charged after BLM protest appear in court
(DBN)

'When McDonald's investigated, its CEO lied': McDonald's slams ex-CEO in new legal filing McDonald’s Calls Out Ex-CEO in $37 Million Clawback Case
(DBN)

Ailing Kenosha on edge as Trump visit looms amid tensions Trump to Talk Civil Unrest With Barr, Wolf Before Kenosha Trip
(DBN)

Appeals court rejects former Trump adviser Flynn’s bid to toss criminal case Appeals court denies Michael Flynn's request to immediately drop case A Trump judge’s attempt to bail out Michael Flynn ends Neomi Rao: D.C. Circuit Subjected Michael Flynn to an ‘Inquisition,’ Allowed Emmet Sullivan’s ‘Unlawful Incursions’
(DBN)

Lock them up: The danger of political prosecutions in a second Trump term
(DBN)

In ‘Stunning’ 2-1 Decision, Appeals Court Says Congress Can't Enforce Subpoena Against Ex-WH Counsel Don McGahn
(DBN)

Top Mueller Lieutenant Attacks New York Times Story on Rod Rosenstein's Handling of Russia Probe
(DBN)

Trump Had an Absurd Reason for Thinking the Mueller Investigation Was ‘Nothing to Worry About,' Book Claims
(DBN)

Former Trump aide Steve Bannon ‘border wall’ fraud trial set for May 2021
(DBN)

‘We Build the Wall’ Defendants Plead Not Guilty in Fraud Case
(DBN)

New York Trump Investigations Appear to Be at Critical Junctures
(WSJ)

Trump Gutted the Department of Justice. Biden Can Restore It.
(DBN)

Barr’s removal of career national security official, weeks before election, raises concerns
(DBN)

Kim Kardashian's Lobbying of Trump Was Supposedly the Last Straw for Don McGahn
(DBN)

‘Anti-Fascist’ Suspect Investigated in Shooting Death of Right-Wing Demonstrator in Portland: Report
(DBN)

Oregon governor announces additional police resources one day after fatal shooting
(DBN)

Biden condemns Kenosha violence and rebuts Trump’s ‘law and order’ message
(DBN)

White House Says Trump Is 'Not Going To Weigh In' On Kyle Rittenhouse Shootings Trump suggests accused Kenosha killer Kyle Rittenhouse acted in self defense
(DBN)

Trump and Biden have very different Blake responses Biden accuses Trump of refusing to 'even acknowledge that there's a racial justice problem in America,' while Trump says he won't meet with Jacob Blake's family when he visits Kenosha Joe Biden Condemns Riots: Fires Not a Protest Dueling narratives fuel opposing views of Kenosha protest shooting
(DBN)

As Guns Get Drawn at Protest Sites, Demonstrators Fear a Volatile New Phase
(DBN)

Fact-checking the Kenosha shootings involving Jacob Blake, Kyle Rittenhouse
(DBN)

Residents in Kenosha are dismayed at law enforcement's response to the Jacob Blake shooting and protests: 'They just let the fires burn'
(DBN)

Maryland official fired after Facebook posts showed support for Kenosha shooting suspect Kyle Rittenhouse
(DBN)

Was the teenage Kenosha shooting suspect's possession of a gun protected by the Constitution?
(DBN)

Americans divided over armed civilians who flock to protests
(DBN)

'That's the shooter': Witnesses describe the night Kyle Rittenhouse opened fire in Kenosha
(DBN)

Counter-protester who pulled a gun on Black Lives Matter protesters in Florida after a fight erupted won't be charged
(DBN)

Protesting is as important as voting
(DBN)

More in U.S. Believe Protest Actions Can Aid Black Adults
(DBN)

Rioting is beginning to turn people off to BLM and protests while Biden has no solution
(DBN)

Trump, friends mourn right-wing activist killed in Portland
(DBN)

Trump compared police who shoot people to golf players who mess up their shots, the night before visiting the aftermath of the Jacob Blake shooting in Kenosha
(DBN)

2 shootings, 2 days: In Kenosha, a microcosm of US strife
(DBN)

Sheriff: Kenosha Inundated With Threats From Outside Agitators, Some International
(DBN)

Absent details, police shooting narratives seek to distract
(DBN)

Protests erupt in Los Angeles after fatal police shooting
(DBN)

White South Carolina cop suspended for repeating the n-word on camera
(DBN)

Dispute with off-duty cop over alcohol, face masks turns violent
(DBN)

‘Godly Man’ Throws Tantrum at Walmart, Calls Woman B-Word in Mask Policy Argument
(DBN)

Ron Jeremy Faces New Charges in Alleged Sexual Assaults of 13 More Victims, Including 15-Year-Old Girl
(DBN)

One Louisiana city refuses to take hurricane evacuees. Officials blame racial justice protesters.
(DBN)

Donald Trump claims Portland is 'entirely ablaze'
(DBN)

Trump to wade into racial tensions with visit to Kenosha
(DBN)

Trump says Black Lives Matter is "discriminatory" and "bad for Black people"
(DBN)

India’s Top Court Fines Lawyer $0.01 for Contempt
(DBN)

US Army officer's viral TikTok video joking about the Holocaust is widely condemned
(DBN)

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Judges:

'Poppycock!': Federal Court Denies Trump's Attempt to Use Border Patrol Agents as Asylum Officers
(DBN)

Lee Bogdanoff Appointed As Judge of the Los Angeles Superior Court
(DBN)

United States Bankruptcy Judgeship Western District of Tennessee Notice of Vacancy
(DBN)

BK ND NY Seeks Law Clerk
(DBN)

BK ED MI Seeks Law Clerk
(DBN)

Potential juror says he was put in COVID-19 ‘petri dish’ at jail for refusing to wear mask in court
(DBN)

In opinion by Trump appointee, 5th Circuit upholds firing of DA employee over political differences
(DBN)

Biglaw Partner Calls Out Former Partner Turned Trump Appointee To The Ninth Circuit
(DBN)

Judge Blasts Kentucky Bar Handling of Lawyer Over Mental Health
(DBN)

In Anthem-Cigna ‘Soap Opera,’ Judge Awards Damages to Neither
(DBN)

Cold-cocked judge becomes latest victim of senseless NYC violence NYC judge allegedly punched on way to court by a person on a bike
(DBN)

Presiding justice: RBG officiates family friend's wedding
(DBN)

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Wall Street:

Stock futures are flat after S&P 500 and Dow notch best August since 1980s
(DBN)

Global shares mixed following Wall Street retreat
(DBN)

Stocks end a bumpy day mostly lower, still notch August gain
(DBN)

S&P 500 heads for best August in 36 years as traders cheer continued economic recovery
(DBN)

Billionaire Leon Cooperman Warns Investors Of Stock Market ‘Euphoria’ And Shares Three Big Risks To An Economic Recovery
(DBN)

Stocks Just Had The Best August Since 1984, But History Shows Trouble Is On The Way
(DBN)

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Layoffs:

Thousands Of U.S. Pilots Face Furloughs This Fall
(DBN)

American Airlines plans 19,000 furloughs, layoffs in October
(DBN)

NYC Mayor to Delay Layoff Notices After Talks With Unions
(DBN)

Bed Bath & Beyond cuts 2,800 jobs in restructuring move
(DBN)

Seismic data co. SAExploration cut workforce ahead of bankruptcy
(DBN)

Encore Boston Harbor announces 385 layoffs
(DBN)

Ford to Fire 1,000 in North America
(DBN)

Maersk Plans Major Restructuring Affecting Thousands of Jobs
(DBN)

Robot Trucks Are Seeking Inroads Into Freight Business
(DBN)

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Politics:

John Kelly: Telling Trump 'no' is like 'French kissing a chainsaw'
(DBN)

Poll: Trump trails Biden among active-duty troops
(DBN)

Dem group warns of apparent Trump Election Day landslide
(DBN)

Federal Judge Extends Absentee Voting Deadline, Setting the Stage for Another Trump Campaign Lawsuit
(DBN)

JPMorgan says investors should prepare for rising odds of a Trump 2020 win
(DBN)

Trump has slipped among key groups that backed him in 2016
(DBN)

Could Elizabeth Warren Become The Next Education Secretary?
(DBN)

The curious saga of the deceased Herman Cain's living Twitter account
(DBN)

Joe Biden asks crowd at Pittsburgh campaign event: ‘Do I look like a radical socialist?’
(DBN)

For the first time in 160 years, the Republican Party failed to produce a policy platform. Big mistake, especially in 2020.
(DBN)

Odds of a Biden presidency are rising according to this stock signal, and a win would pose few risks to the market, LPL says
(DBN)

Cooperman undecided, suggests Biden has ‘decent character’ but unclear policies
(DBN)

GOP Congressman Slammed for Sharing 'Manipulated' Video of Activist Who Uses Computerized Voice Rep. Scalise Admits He ‘Shouldn’t Have’ Shared Doctored Biden Clip, But Doubles Down On Message
(DBN)

Herman Cain Tweets Coronavirus Not That Deadly—Despite Having Died From It
(DBN)

Trump leans into his '180,000 deaths is a statistic' reelection strategy
(DBN)

Trump Embracing Fringe Theories on Protests Trump thinks violence and chaos on the streets is good for his reelection, and he's not trying to hide it
(DBN)

AP Fact Check: Trump tweets distort truth on National Guard
(DBN)

New focus for campaign: Will Biden or Trump keep you safer?
(DBN)

Krugman: QAnon Is Trump’s Last, Best Chance
(DBN)

Trump goes mostly dark in TV advertising fight with Biden
(DBN)

Minnesota May Be the Next State to Go Red
(DBN)

Heated Montana Race Could Flip the Senate to Democrats
(DBN)

Across South, a push to change Confederate school names
(DBN)

We are evangelical Christians not voting for Donald Trump this time
(DBN)

Uncertainty dominates presidential campaign’s final stretch
(DBN)

Trump’s Gender Gap Risks Becoming Chasm, Adding to Campaign Woes
(DBN)

Thousands ask for a statue of Chadwick Boseman to replace a Confederate memorial in his hometown
(DBN)

Whose America is it, explained
(DBN)

Ex-adviser to first lady: Working for Trumps was a ‘mistake’ Melania's ex-friend: Trump family tainted by 'deceit, deception'
(DBN)

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Economy:

Dallas Fed: "Recovery Continues in Texas Manufacturing" in August
(DBN)

Manufacturing in the Midwest is improving, but still weak
(DBN)

Small-Business Failures Loom as Federal Aid Dries Up
(DBN)

NACM’s August Credit Managers’ Index Hits Two-Year High
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

Fed’s Clarida says rates won’t rise just because unemployment falls Fed’s Clarida Leaves Door Open to Yield Caps Under New Framework
(DBN)

Stimulus Deal Getting Closer, But There's More Work To Be Done Stimulus deal update: With the Republicans’ latest offer, the parties are $900 billion apart
(DBN)

Trump's $300 unemployment aid may only last a month
(DBN)

What Congress got wrong about calculating the unemployment insurance benefit
(DBN)

Treasury Says Most Stimulus Payments to the Dead Recouped
(DBN)

Steve Mnuchin’s Stepmother Really Insists On Emphasizing The ‘Step’
(DBN)

Billionaire Bill Ackman says mandatory investing accounts for every US child could combat wealth inequality
(DBN)

Young workers at risk of financial exhaustion due to coronavirus pandemic
(DBN)

H-1B Visa Denials Continue To Mount For Companies
(DBN)

NYC to do ’virtual inspections’ of gyms set to reopen this Wednesday
(DBN)

N.J. Indoor Dining Can Resume Friday With 25% Capacity Limit Cuomo admits ban on NYC indoor restaurant dining may send people to NJ
(DBN)

New Jersey and California are starting to reopen indoor dining and movie theaters after months of closure
(DBN)

Cooper to announce "next phase" in virus restrictions for NC
(DBN)

White House ignored warnings as it pushed for reopenings, newly released coronavirus task force reports show
(DBN)

Elon Musk Is Now Richer Than Mark Zuckerberg
(DBN)

The US is adding jobs. But the recovery could take years
(DBN)

Our weird pandemic spending ways could change soon
(DBN)

Weakest Junk Companies Struggle to Sell Debt, Fueling Defaults
(DBN)

People Line Up In Record Numbers At Alameda Co. Food Bank In COVID-19 Economy
(DBN)

Damaged WTO is Now Leaderless
(DBN)

Racial Quotas Start Catching On With Major U.S. Employers
(DBN)

Trump Calls Companies Supporting Black Lives Matter ‘Weak’
(DBN)

U.S. Remote Workdays Have Doubled During Pandemic
(DBN)

The Decline of Upward Mobility in One Chart
(DBN)

Three Principles for success in the post crisis period
(DBN)

Unionizing, not corporate statements, will fix equality
(DBN)

Looming fight: Millions of disabled workers could ask for COVID-19 protections under ADA
(DBN)

Nearly 3 in 4 adults plan to get a coronavirus vaccine, global survey shows
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Commercial Landlords (and Their Lenders) Beware: Bankruptcy Courts Are Shifting Risks to Lessors in Response to the Exigent Circumstances Brought on by COVID-19
(DBN)

Chuck E. Cheese Seeks Reduced Rent While Landlord Talks Continue
(DBN)

How "Mothball Motions" Let Bankrupt Retailers Suspend Rent Payments Amid COVID-19 Pandemic
(DBN)

Nevada extends eviction moratorium amid grim tourism outlook
(DBN)

Why Deferred Rent is No Solution to the Crisis in Retail
(DBN)

Fannie Mae: Mortgage Serious Delinquency Rate Increased in July
(DBN)

When malls buy their tenants
(DBN)

Threat of coronavirus-driven mass evictions weighs on economy, budgets
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Remains Flat at 7.20%"
(DBN)

Feds extend commercial rent program through October
(DBN)

New Yorkers Flee for Florida and Texas as Mobility Surges
(DBN)

These people have left big cities for good. Here's where they landed
(DBN)

Dallas: Developer of Frisco’s $2 billion Wade Park seeks bankruptcy Lawsuit claims developer Stan Thomas was defrauded out of hundreds of millions in Wade Park project
(DBN)

Is Insurance More Expensive in Black Neighborhoods?
(DBN)

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Municipalities:

Murphy ‘Very Seriously’ Mulling New Jersey Tax on High-Volume Trades
(DBN)

Chicago Projects $2 Billion Deficit Through 2021 on Pandemic
(DBN)

Mayors Of College Towns Brace For The Economic Impact Of Remote Learning
(DBN)

Chicago: Estimated city shortfall hits combined $2 billion for this year and next Chicago Has A $1.2 Billion 2021 Budget Hole, And Mayor Lightfoot Has No Good Options
(DBN)

____________

Oil/Gas:

Second U.S. shale boom's legacy: Overpriced deals, unwanted assets
(DBN)

Seadrill offers its stakes in oil service firms to debtholders
(DBN)

Imperial Capital Advises SAExploration in Restructuring, Chapter 11 Process
(DBN)

Bankruptcy Court Approves EP Energy’s Amended Restructuring Plan
(DBN)

Biden: "I am not banning fracking"
(DBN)

Trump administration proposes easing oil and gas permitting in national forests
(DBN)

Weatherford refinances debt months after emerging from bankruptcy
(DBN)

____________

Climate:

“It just looks like a bomb went off”: Louisianians on recovering from Hurricane Laura
(DBN)

Vast Grid Damage Will Leave Some Laura Victims in Dark for Weeks
(DBN)

Four More Storms Threaten to Form in Atlantic as Season Heats Up
(DBN)

Hurricane Laura Expected to Cost Insurers as Much as $9 Billion
(DBN)

Texas Renters Are Still Waiting for Recovery Relief from Hurricane Harvey
(DBN)

Louisiana’s population is already moving to escape climate catastrophe
(DBN)

____________

Education:

New York City Gambles Big on Reopening Schools: ‘We Are on a Tightrope’
(DBN)

66% of college students are now worried about money due to Covid-19, study finds
(DBN)

Public Schools Will Struggle Even More as Parents Move Kids to Private Ones During the Pandemic
(DBN)

Wages and GDP lost due to COVID-19 school closures
(DBN)

How did America's schools become so segregated? For an answer, look to Minneapolis
(DBN)

Traditional universities must adapt or die
(DBN)

Liberty University Announces ‘Thorough’ Investigation Into Falwell’s Presidency
(DBN)

As cases soar in France, students return to schools
(DBN)

____________

Healthcare:

50% in U.S. Fear Bankruptcy Due to Major Health Event
(DBN)

Randolph Health deal made official
(DBN)

6 states set single-day coronavirus case records last week
(DBN)

California's deadliest month of the COVID-19 pandemic is August
(DBN)

Expect Trump to talk less and less about the pandemic, political strategists say
(DBN)

Axios-Ipsos poll: A harsh verdict for government's coronavirus response
(DBN)

Coronavirus cases rising again across more than half of the U.S. Confirmed COVID-19 Cases in the U.S. U.S. tops 6 million coronavirus cases
(DBN)

Global Cases Pass 25 Million as the World Waits for a Vaccine
(DBN)

Our teen was diagnosed with covid-19. Months later, the worries (and headaches) remain.
(DBN)

WHO warns that ‘no country can just pretend the pandemic is over’
(DBN)

What is herd immunity and why are Trump officials pursuing an idea WHO calls 'dangerous'?
(DBN)

These Scientists Are Giving Themselves D.I.Y. Coronavirus Vaccines
(DBN)

AstraZeneca U.S. vaccine trial starts after delay, hospital says
(DBN)

Covid-19 Antibody Race Heats Up
(DBN)

Large trials for anticipated Oxford COVID-19 vaccine begin in the U.S.
(DBN)

Ron DeSantis sidelined his health department. Florida paid the price.
(DBN)

A Zoom Thanksgiving? Summer could give way to a bleaker fall
(DBN)

White House coronavirus reports contradict public statements by Trump officials Analysis: Trump administration’s coronavirus advice is secret, fragmented and contradictory
(DBN)

'It's an enormous scandal': Politics creep into CDC, FDA coronavirus guidance
(DBN)

Where Government Covid-19 Responses Get Public Approval
(DBN)

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Sports:

Many of the world's top tennis players are skipping this year's U.S. Open
(DBN)

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Logistics:

Amazon wins FAA approval for Prime Air drone delivery fleet
(DBN)

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Cruise Lines:

Most crew from insolvent CMV have been repatriated
(DBN)

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Autos:

Auto-parts company Shiloh files for bankruptcy MiddleGround Subsidiary to Purchase Shiloh Industries Assets in Chapter 11 Reorganization
(DBN)

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Trucking:

Ritchie Bros. to Sell Hundreds of Truck Tractors in BJ Services Bankruptcy
(DBN)

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Pharma:

Certain Mallinckrodt Noteholders Sign NDAs in Anticipation of Restructuring Discussions
(DBN)

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Satellites:

Intelsat Proposes Acquisition of Gogo’s Commercial Aviation Business; Purchase Price as High as $500M
(DBN)

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History:

The Long, Painful History of Racial Unrest
(DBN)

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Small Engines:

No competing bids emerge for Briggs & Stratton, clearing path for KPS Capital acquisition
(DBN)

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Gig Economy:

California Uber Law Threatens the Gig Economy
(DBN)

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Tourism:

Tourists Tote Dollars — And COVID — To U.S. Caribbean Islands Tensions rise among residents and travelers as US island territories work to stop COVID-19 spread
(DBN)

Macau Awaits Travel Recovery as August Gaming Revenue Falls 95%
(DBN)

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Distressed Investing:

Amundi Says Beware ‘Walking Dead’ Firms in High-Yield Credit
(DBN)

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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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Bankruptcy Racial Disparities Poised to Add to Pandemic Pain
(DBN)

New Arnold & Porter Partner Expects More Corporate Restructuring
(DBN)

How coronavirus set off a bankruptcy wave for the U.S. economy
(DBN)

Consumer Bankruptcy Filings Are Low. Too Low.
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

South Bay lawyers predict surge in bankruptcies as stimulus money dries up
(DBN)

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Subordination:

Subordination Agreement Ignored in a Cramdown — But What’s So Unfair About That?
(DBN)

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Mediation:

Co-Mediation of Insurance Issues in Bankruptcy Cases
(DBN)

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Reaffirmation:

9th Cir. Rejects Challenge to Assumption of Auto Lease in Bankruptcy
(DBN)

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Litigation:

Insights on dispute finance for insolvency-related claims
(DBN)

How a Trial Lawyer Survived a 14-Hour Zoom Hearing
(DBN)

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Agribusiness:

What’s in a Name? When is a Farmer a Family Farmer Under the Bankruptcy Code?
(DBN)

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Aviation:

United CEO says air travel demand will roar back once there’s a coronavirus vaccine United Airlines CEO: 'Tough Year Ahead' Before Vaccine Exists
(DBN)

Delta and American join United Airlines in scrapping change fees on domestic flights
(DBN)

Turkish Airlines Halves Pilot Wages in Labor Pact With Union
(DBN)

One Aviation Changes Course in Bankruptcy Case
(DBN)

Swissport agrees comprehensive restructuring: creditors become majority shareholders
(DBN)

Audit points to graft, mismanagement at Thai Airways
(DBN)

Air France-KLM Firms Up Plan to Raise Funds Amid Travel Slump
(DBN)

Wizz Air Says Covid Travel Rules Are Halting its Expansion
(DBN)

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Coal:

Trump Scales Back Limits on Toxic Waste from Coal Power Plants
(DBN)

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Retailing:

J.C. Penney Lenders Plan Takeover After Sales Talks Hit Impasse JCPenney could be bought by its lenders after talks with potential buyers stall due to 'egos' and 'negotiating postures,' lawyers say JCPenney to be Purchased by its Lenders Amid Bankruptcy JCPenney proposes to sell company out of bankruptcy JC Penney hits ‘stalemate’ with potential buyers. Lenders to make bid for department store in bankruptcy Penney’s lenders to make bid for chain Ailing J.C. Penney waits to be rescued as sale talks stall
(DBN)

JC Penney Mulls Ch. 11 Debt Swap After Sale Plan Troubles
(DBN)

J.C. Penney racked up $342M loss for July J.C. Penney Has $1.48 Billion In Cash And Over $300 Million In Credit Card Revenue, Are They Really Insolvent?
(DBN)

Back-to-school advertising drops 70% on national TV
(DBN)

Retail Leveraged Loan Default Rate Hits Record 18.9% in August
(DBN)

Gap Inc. will close 225 stores this year, more in 2021
(DBN)

Ulta's net income falls 95% as e-commerce grows by more than 200%
(DBN)

Bankrupt parent of New York & Company in new deal to sell e-commerce business
(DBN)

Investment group outbids stalking horse to nab RTW Retailwinds for $40M
(DBN)

Amazon's drone delivery fleet hits milestone with FAA clearance
(DBN)

Walmart's answer to Amazon Prime is cheaper and has gas discounts
(DBN)

What Q2 says about apparel
(DBN)

CVS told staff to hide worker COVID-19 cases from patients
(DBN)

Neiman Marcus, Mired in Chapter 11, Cuts Executive Retirement Benefits
(DBN)

Pandemic tests shopper loyalty for clothing brands
(DBN)

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Mail:

We Mailed 155 Letters From a Dozen States. There Were Some Delays
(DBN)

Public Transit and the Postal Service Have the Same Problem
(DBN)

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Corporate Governance:

California Lawmakers Approve Racial Quotas for Corporate Boards
(DBN)

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Food/Beverage:

We are, truly, a nation of defunct Pizza Huts
(DBN)

This Famous Italian Steakhouse Quietly Filed For Bankruptcy
(DBN)

Restaurant Performance Index remains in contraction territory
(DBN)

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Mass Torts:

Attorneys argue over ads targeting Boy Scouts abuse victims
(DBN)

Bankruptcy judge skeptical Boy Scouts' effort to curtail ads to abuse victims
(DBN)

Are asbestos filings another COVID-19 casualty?
(DBN)

Study: Mass tort plaintiffs paying dearly for loans, regulation needed
(DBN)

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Consumer Finance:

The Loan Company That Sued Thousands of Low-Income Latinos During the Pandemic
(DBN)

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Event Facilities:

Chicago and Columbus convention center authorities tee up coronavirus-driven restructurings
(DBN)

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Tech:

Twitter Flags 3 Posts From GOP Officials In 24 Hours For Spreading Misinformation Attacking Biden
(DBN)

TikTok's sale in the US could be thrown into chaos after China rewrote its export rules to give itself a new veto
(DBN)

____________

UK:

English universities are in peril because of 10 years of calamitous reform
(DBN)

Ireland’s finance minister calls for Brexit negotiators to redouble efforts as deadline draws closer
(DBN)

U.K. Manufacturing Output Expands at Fastest Pace in Six Years
(DBN)

Welcome Back to School, Britain’s Economy Is Counting On You
(DBN)

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EU:

European Prices Are Sliding as Economy Fights for Virus Recovery
(DBN)

Euro zone factory output stayed strong in August: PMI
(DBN)

Eurozone unemployment spike held down by support schemes Euro zone unemployment rises once again despite reopening of economies
(DBN)

Europe sees sharp rise in the number of new coronavirus cases, as Spain and Russia infections spike
(DBN)

Eurozone fell into deflation in August, heaping pressure on policymakers
(DBN)

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PIIGS:

Italy Plunged Into Recession by Investment, Consumer Slump
(DBN)

Spain is Europe's latest coronavirus hotspot and cases are spreading faster than in the US
(DBN)

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Canada:

Canada to purchase 76 million doses of Novavax coronavirus vaccine, company says
(DBN)

Recovery in Canadian consumer confidence shows signs of cooling
(DBN)

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India:

India recorded 78,000 COVID-19 infections in a single day as the global number of cases passed 25 million
(DBN)

India Paid the Price of Lockdown for Little Reward
(DBN)

India Faces Dwindling Policy Options After Record GDP Slump India's economy contracts by nearly 24 percent amid pandemic
(DBN)

OW Bankruptcy Saga Reaches Indian Shores: Physical Suppliers Arrest Vessels in India to Realize Unpaid Supplies
(DBN)

India’s Top Court Approves 10-Year Rescue Plan for Telcos
(DBN)

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Germany:

Merkel Government Decries Reichstag Protest as ‘Shameful’ Far Right Germans Try to Storm Reichstag as Virus Protests Escalate
(DBN)

German Joblessness Falls Again Amid Revival of Economic Activity
(DBN)

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Singapore:

Most Singapore Firms See Uncertainty Continuing for Another Year
(DBN)

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China:

Evergrande Debt Continues to Pile Up Amid Cash-Flow Concerns
(DBN)

Private survey shows China’s manufacturing sector grew in August at fastest pace in nearly 10 years
(DBN)

____________

Argentina:

Argentina Says 99% of Sovereign Debt Was Restructured in Swap Argentina clinches near-unanimous backing for debt restructuring Investors Welcome Argentina’s Debt Deal Amid Grim Outlook Argentina defuses default crisis with 'massive' debt deal
(DBN)

____________

Japan:

More Steep Drops for Japan Vehicle Sales Show Recovery Weakness
(DBN)

____________

South Korea:

South Korea puts force of law behind masks, quarantines, contact tracing
(DBN)

____________

BVI:

Gov’t will go bankrupt if new streams of revenue not generated
(DBN)

____________

South Africa:

South African state arms firm at risk of bankruptcy protection, govt says
(DBN)

South Africa Factory Sentiment At 13-Year High After Virus Slump
(DBN)

____________

Cayman Islands:

From New York to Chile and in between: The Cayman Islands court approves protocol for communicating with foreign courts in LATAM Finance restructure
(DBN)

____________

Russia:

Russia’s virus cases exceed 1 million, globally 4th highest
(DBN)

____________

France:

French Car Sales Plunge in August in Blow to Virus Recovery Hope
(DBN)

____________

MENA:

Dubai Lifts Veil on Debt, Showing It Owes Much Less Than Thought
(DBN)

Netanyahu Pushes Ultra-Orthodox Pilgrimage Defying Virus Experts
(DBN)

____________


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