September 5, 2025

The Daily Bankruptcy News

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Law:

Summer Surprise: This Firm Just Matched Milbank’s Bonuses — And Raised Salaries
(DBN)

Not All Big Law Leaders Will Reach the Top of Space Mountain
(DBN)

Non-Equity Partnership Isn’t A Fast Track To The Equity Tier
(DBN)

The Cities Where Law Firm Associates Can Get The Biggest Bang For Their Buck
(DBN)

Law School Applications Soar Once Again Thanks To Donald Trump
(DBN)

Guy Who Helped Orchestrate Some of Biglaw’s Pro Bono Payola Deals Offers Tone Deaf Defense Of ThemTop Trump Lobbyist Defends Big Law White House Deals as ‘Smart’
(DBN)

Law Firm Leases Are Going Up, Up, Up Thanks To ‘Very Office-Centric’ Attendance Mandates
(DBN)

Solving The Formula To Become A Rainmaker
(DBN)

‘Strapped’ former BigLaw associate is arrested for alleged confrontation with National Guard members
(DBN)

Mark Geragos Challenges $100,000 Jury Verdict in Nike Extortion Case
(DBN)

After 2 timeouts and contempt threat, Donna Adelson defense rests without her taking stand
(DBN)

AI Transforming Legal Business Development: The Rise of Tech-Savvy Attorneys
(DBN)

Navigating Complexity: The Evolving Role of the Chief Legal Officer in Modern Business Strategy
(DBN)

Legal Tech Often Misses the Mark by Solving the Wrong Problem
(DBN)

Chicago Law Dean on AI: You Won’t Be Able to Entirely Avoid It
(DBN)

Big Law’s 2,400 Hours Bar Isn’t New. It’s the Path to Partnership
(DBN)

Former Cushman & Wakefield Counsel’s Defamation Case Faces Judicial Scrutiny in Court
(DBN)

Legal Industry Faces Twin Challenges: AI Integration and Outdated Technology Concerns Amidst Job Security Fears
(DBN)

DC sues Trump administration over National Guard deploymentWith no end in sight, National Guardsmen deployed to DC grow wearyDC lawsuit challenges Trump's National Guard deployment as a forced 'military occupation'
(DBN)

Legal Challenge Against California’s Acting U.S. Attorney Threatens ProsecutionsLA Prosecutor’s Contested Status Casts Shadow on District Cases
(DBN)

Work paused at Hyundai's US site after hundreds of workers detained in raid Agency That Issues Visas and Green Cards Is Hiring Armed AgentsTrump administration plans to make citizenship test harder ‘Alligator Alcatraz’ Can Remain Open, Court Rules—Pausing Shutdown Order A Mexican national from Flagstaff has died in ICE detentionJudicial Rulings Curtail Expedited Deportations, Reaffirm Due Process Rights for ImmigrantsICE, Homeland Security conduct enforcement action at Hyundai plant in GeorgiaGuatemalan migrant children reeling from trauma of attempted deportationsTrump’s blue city law-and-order crackdowns are also about immigrationSouth Sudan says foreigners deported from the US remain in custodyCitizens are tracking ICE in real time to warn migrants. Is that legal?
(DBN)

Fox bosses privately called U.S. Attorney Jeanine Pirro 'reckless maniac' and more
(DBN)

DOJ Has Egg On Its Face
(DBN)

New York attorney general asks court to reinstate President Trump’s massive civil fraud penalty
(DBN)

Trump critic Bolton under investigation over classified information, documents showFBI seized phones, computer equipment, folders during search of Bolton's home, records show
(DBN)

DOJ Crime Crackdown Clashes With Jan. 6 Cases Trump Forgave
(DBN)

Woman secretly uses hand signal for help in 7-Eleven, man arrested on domestic violence charge
(DBN)

Man freed after nearly 3 decades in Minnesota prison after he's cleared of murder he did not commit
(DBN)

Delaware judge finds law prohibiting gun purchases by people under age 21 is unconstitutional
(DBN)

Trump Admin Plots to Ban Firearms for Trans Americans
(DBN)

Police kill a man in a burning Georgia house, finding a woman dead and others trapped
(DBN)

Mom 'told her children she loved them' before simultaneously drowning both in bathtub
(DBN)

Wife backed over husband after argument, leaving him in critical condition, police say
(DBN)

Man who was married to 3 women at the same time did it for their money, deputies say
(DBN)

Man executed 20-year-old to teach him 'a lesson' after accusing victim of stealing socks
(DBN)

Man murders girlfriend, then joyfully FaceTimes his ex while lying next to her bloody body
(DBN)

Dad was trying to kill a buzzard when he fatally shot 14-year-old daughter: Police
(DBN)

Doctor Who Cut Off His Legs for Sexual Gratification Is Jailed
(DBN)

Man 'very upset' roommates refused to renew lease, 'intentionally set fire' to home: Cops
(DBN)

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Judges:

Barrett: Supreme Court ‘should not be imposing its own values on the American people’Justice Barrett Defies Trump’s Criticisms, Emphasizes Judicial Independence Amidst Political Tensions Justice Barrett Calls Trump Barbs a ‘Dance We’ve Seen Before’ Amy Coney Barrett’s Fetish For Phony Reluctance
(DBN)

Dissenting with feeling: The tone of dissents in the 2024-25 term
(DBN)

Trump Is Trying to Blackmail the Supreme CourtTrump says US would be on 'brink of economic catastrophe' unless justices rule his tariffs are legalTreasury sec declares US will be on 'brink' of 'catastrophe' if SCOTUS nukes Trump tariffs
(DBN)

The Biggest Test for the Supreme Court Yet
(DBN)

Chief Justice John Roberts is wary of entering political fray, his top adviser says
(DBN)

Judge orders Trump administration to release billions in foreign aid approved by Congress
(DBN)

Trump asks Supreme Court to let him fire FTC Commissioner Rebecca Slaughter
(DBN)

Court Smacks Down Trump’s Roving Military Police Force
(DBN)

Federal judges anonymously criticize Supreme Court over Trump cases"Calvinball": Judges give rare public rebuke of Supreme Court Federal judges are unloading their grievances after Justice Gorsuch's supreme slam Harvard Judge Blasts Justice Gorsuch’s ‘Unhelpful’ Criticism
(DBN)

Favorable views of Supreme Court remain near historic low
(DBN)

Justice Kavanaugh Advocates for Civility and Clarity in Judicial Writing Amid Growing Case Pressures
(DBN)

Judge upbraids prosecutors for handling of DC surge cases, saying they have 'no credibility left'
(DBN)

At DC Superior Court, a system up at all hours under Trump’s order
(DBN)

Wanted: Temporary immigration judges, no experience necessary
(DBN)

Nevada Judge Admonishes High-Profile Attorney, Highlights Ethical Scrutiny in Legal Practice
(DBN)

Judge tosses NYT lawsuit seeking Jack Smith's Trump Mar-a-Lago report
(DBN)

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Wall Street:

S&P 500 futures rise slightly ahead of August jobs report
(DBN)

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Layoffs:

August job cuts highest since pandemic: Report
(DBN)

US Hiring Intentions Pull Back While Job-Cut Announcements Rise
(DBN)

Banner Health will transition McKee Medical Center into a specialty hospital, closing its ER and affecting 351 positions
(DBN)

Rivian lays off 200
(DBN)

Upstate facility to permanently layoff over 100 employees
(DBN)

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Autos:

GM cuts output, delays work at major EV factories, citing weak demandGM Cuts Bolt EV Production Plan as Tax Credit Loss Looms
(DBN)

Tesla proposes new pay plan for Musk that would expand his voting power
(DBN)

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Economy:

Labor market growth slows dramatically in August with U.S. adding just 54,000 jobs, ADP saysPrivate Hiring Declines As Labor Market Slows Sharply
(DBN)

US Services Activity Expands at Fastest Pace in Six Months
(DBN)

Labor Department to deliver first jobs report since Trump’s BLS firing
(DBN)

US Initial Jobless Claims Rise to Highest Level Since June
(DBN)

Global investors are dumping long-dated bonds. The U.S. could be next
(DBN)

Senators grill Trump's nominee for Fed amid alarms over central bank independenceTrump nominee plans to keep White House job if he's confirmed for Fed postSenator Warren Grills Miran, Questions His IndependenceMiran Says He Intends to Preserve the Fed's IndependenceFed nominee Miran tells Senate panel he's 'not at all' Trump's puppet
(DBN)

The Federal Reserve Is Too Independent
(DBN)

Pulte refuses to say where he got Lisa Cook mortgage fraud ‘tip’Trump Makes Fresh Plea for Ruling Allowing Him to Oust Lisa CookDOJ Opens Criminal Investigation Into Fed’s Cook, Issues SubpoenasCook Says Harvard Funding Fight Shows Trump’s Hidden Motives
(DBN)

Trump’s lawyers just inadvertently admitted that his tariffs are illegal If Trump's biggest tariffs get thrown out, companies could get a refund - but not consumers Canada, US Holding ‘Technical’ Talks on Sectoral Tariffs, Minister Says‘We’re at DEFCON 1’: India, bruised by US tariffs, cozies up to Russia, ChinaJapan Stocks Rise as 15% Trump Tariff Deal Sealed Brings ReliefUS tariffs still spell big pain for Japan's small automakers Japan Risks Higher Tariffs If It Shuns Trump’s Investment Picks As Trump pushes Supreme Court to uphold his tariffs, he signals trade deals will be defunct if he loses the case: ‘I guess we’d have to unwind them’Trump Says ‘Fairly Substantial’ Chips Tariffs Coming ‘Shortly’
(DBN)

Paramount mandates 5-day-a-week return to office ahead of major cost cuts
(DBN)

GOP lurches toward shutdown as Democrats vow they won’t be rolledFiscal hawks fire warning shot in House ahead of shutdown deadline
(DBN)

Trade deficit widens on soaring imports
(DBN)

Trump FTC takes action against worker noncompete agreements
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Why Are More Millionaires Renting?
(DBN)

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Oil/Gas:

Standard Chartered: U.S. Oil Output To Peak in 2026
(DBN)

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Politics:

Xi Unites World Leaders Sick of Being Pushed Around by Trump
(DBN)

Ghislaine Maxwell was transferred to a Texas prison. Here's what life is like thereEpstein survivors join with lawmakers in calling for full release of government files
(DBN)

Jeffries says Democrats will fight GOP efforts to ‘whitewash’ Jan. 6 attack on the Capitol
(DBN)

McConnell: ‘There’s certain similarities right now to the ‘30s’Trump’s second presidency is ‘most dangerous period’ since second world war, Mitch McConnell says
(DBN)

Musk will not attend Trump tech CEO dinner at White House
(DBN)

Newsom is becoming an obsession for Democrats beyond CaliforniaNewsom, Trump escalate meme war
(DBN)

‘South Park’: Donald Trump Gets Satan Pregnant in Wild New Episode
(DBN)

Residents of Chicago's most violent block don't want Trump to send the National Guard
(DBN)

Trump Is Crossing a Line That Dates Back to the Revolution
(DBN)

Republicans confront Kennedy, welcome Miran in shifting approach to Trump administration
(DBN)

Where states stand in the battle for partisan advantage in US House redistricting maps
(DBN)

"We've never seen this before": Trump's drug war looks like a real war
(DBN)

Fading US Reliability Deepens Australia, Japan Security Ties
(DBN)

Trump Says Two Candidates Should Drop Out of NYC Mayor Race
(DBN)

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Utilities:

US sues Southern California Edison, blames it for Eaton, Fairview wildfiresEdison Should Pay for LA Fire Suppression Costs, US Says
(DBN)

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Cannabis:

Texas hemp ban bill dies (again)
(DBN)

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Fraud:

Here’s Why The U.S. Government Just Sold Basquiat And Picasso Paintings For $35 Million Combined At Auction
(DBN)

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Tax:

The big problem with “no tax on tips”
(DBN)

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Agribusiness:

John Deere, a U.S. Icon, Is Undermined by Tariffs and Struggling Farmers
(DBN)

A quarter of America’s “farms” aren’t really farms
(DBN)

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Tech:

NY Fed Finds Modest Impact of AI on Jobs Even as Usage Increases
(DBN)

Texas Instruments flags demand slowdown after tariff-driven spike
(DBN)

How Investors Think AI Will Actually Make Money
(DBN)

Trump Basks in Tech Leaders’ Spending Vows at White House Dinner
(DBN)

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Labor:

Boeing Defense plans to replace striking workers with new hiresBoeing hires replacement workers as defense unit strike enters second month
(DBN)

Federal Workers Denied Arbitration as Trump Takes Aim at Unions
(DBN)

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Corporate Governance:

Texas Challenges Delaware for Corporate Law Dominance with Pivotal Jury Trial
(DBN)

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Solar:

Meyer Burger $29M Chapter 11 Sale Approved Amid Fierce Creditor Clash
(DBN)

Mosaic Chapter 11 Plan Approved as Solar Finance Firm Hands Over Business to Lender
(DBN)

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Celebs:

Dr. Phil Fails To Get Trinity Broadcasting CEO Ordered To Sit For Deposition In $500M Deal Dispute – Update
(DBN)

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Wind Energy:

Orsted sues to save offshore wind farm from Trump administration axeTrump's wind war clouds Orsted's $9.4 billion survival planOffshore wind giant Orsted gets green light for survival plan after Trump blocks project
(DBN)

States, companies sue Trump administration over wind farm stop-work order
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (8 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Ongoing runup of bankruptcy filings harkens back to 2008
(DBN)

Distressed Debt Pioneer Altman Shows More Firms Fail After Swaps
(DBN)

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Mass Torts:

Judge Reverses Stance, Will Consider Fee Requests in J&J Talc Case Bankruptcy Proceedings
(DBN)

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Automatic Stay:

A Refresher On Relief From Stay Rules For Pursuing A Pre-Petition Lawsuit (In re Dandurand—Part 2)
(DBN)

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Recharacterization:

Bankruptcy Court Holds That SAFE Investors May Have Creditor Claims in Chapter 11
(DBN)

____________

Aviation:

“Spirit Airlines Navigates Bankruptcy Turbulence with Strategic Executive Retention”
(DBN)

Spirit Airlines Rivals United And Frontier Add New Routes
(DBN)

Spirit Airlines’ Latest Bankruptcy Filing Sparks Renewed Debate on Chapter 11 Viability in Aviation Industry
(DBN)

US Airlines Race to Fill Void Left by Spirit's Bankruptcy
(DBN)

US FAA to propose changes to speed certification of new commercial airplanes
(DBN)

US drops Biden plan to require airlines to pay compensation for disrupted flights
(DBN)

____________

Healthcare:

Owner in bankruptcy said bids for its 3 CT hospitals were imminent. Now, crickets
(DBN)

Why your health insurance copays, deductibles and premiums will probably surge next yearEmployers prepare for the highest health benefit cost increase in 15 years
(DBN)

No Surprises Act cuts out-of-pocket costs by 18%: Study
(DBN)

Maine healthcare system eliminates 308 positions, including senior leadership roles
(DBN)

Health system margins dip below 1% as drug expenses soar: 5 notes
(DBN)

House Republicans launch bill to extend health subsidies past midterms
(DBN)

RFK Jr. says HHS expanding eligibility to catastrophic health insurance plans
(DBN)

RFK Jr. spreads vaccine misinformation during congressional testimonyRFK Jr., Dems face off in feisty hearing Health Secretary RFK Jr. lobs insults back after Senators grill him during raucous hearing 11 of 12 Senate Finance Democrats demand RFK Jr resignCassidy, RFK Jr. tangle in heated exchange on vaccines, Nobel Prize for TrumpRFK Jr. Says CDC Workers Didn't Do Their JobsRFK Jr. Ripped for ‘Darth Vader’ Breathing During Senate Testimony RFK Jr. Doesn’t Know How Many People Died Of COVID, He Tells Senate Committee
(DBN)

What polls show about Americans' views on childhood vaccine mandates
(DBN)

Fired CDC chief accuses RFK Jr. of ‘sabotage’ with vaccine movesRFK Jr. claims Monarez said she wasn’t ‘trustworthy’ in fateful meetingRFK Jr. says former CDC director Susan Monarez lied to Americans
(DBN)

Former HHS chief: ‘I can’t imagine what I would do if I were a parent in Florida’
(DBN)

____________

Education:

Hundreds of US Colleges Poised to Close in Next Decade, Expert Says
(DBN)

Harvard Just Defrosted Trump’s Multibillion-Dollar Funding FreezeHarvard Won Its Money Back, but Will It Actually Get It?
(DBN)

Northwestern’s President Will Resign After University Faced Republican Pressure
(DBN)

How the Education Department is using civil rights laws to bring schools to heel
(DBN)

Is the Class of 2029 the most screwed college class ever?
(DBN)

UCLA Has Already Paid Its College Athletes Nearly $5 Million
(DBN)

This counterintuitive advice about kids and phones makes a lot of sense
(DBN)

I study AI cheating. Here’s what the data actually says.
(DBN)

Mississippi universities halt funding for student groups, citing DEI law
(DBN)

Student challenging Idaho trans athlete ban withdraws case ahead of Supreme Court fight
(DBN)

Americans Want to Study in Ireland. But First They Need a Place to Live.
(DBN)

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UK:

From Crisis to Contingency: Safeguarding against Insolvency
(DBN)

Thames Water seeks creditor approval for penalty payment planThames Water creditors outline £20.5bn investment aims under rescue plans
(DBN)

Report sets out factors leading to administration of girls’ boarding school - outcome for creditors revealed
(DBN)

Kevin Maxwell faces bankruptcy threat over £600,000 Fortress Capital ‘Ponzi scheme’ loan
(DBN)

Debt-laden Tullow Oil appoints new chief executive
(DBN)

____________

MENA:

Denying famine, Israel threatens more curbs on Gaza aid
(DBN)

Finland joins declaration on two-state solution between Israel, Palestinians
(DBN)

____________

Russia:

NATO Chief Warns China and Russia Are Preparing for ‘Long-Term Confrontation’
(DBN)

Macron says 26 countries pledge troops as a reassurance force for Ukraine after fighting ends
(DBN)

Russia's Putin says economy is not stagnating, defends tight monetary policy
(DBN)

Putin says any Western troops in Ukraine would be fair targets
(DBN)

Merz Frustrated With Ukraine Talks as Putin Warns Against Troops
(DBN)

Europe Pledges Ukraine Security Guarantees as Trump Stalls
(DBN)

Trump grows pessimistic about the prospect of ending the Russia-Ukraine war
(DBN)

____________

China:

Record $322 billion in China loans for stock bets feeds volatility and prompts caution
(DBN)

China export growth seen slowing in August as US trade truce boost fades
(DBN)

____________

Germany:

Family business files for insolvency after 475 years
(DBN)

German industrial orders unexpectedly drop in July
(DBN)

____________

India:

From Telecom Titan To Fraud Tag: How Anil Ambani’s RCom Went To Bankruptcy And Fraud Cases From SBI, BoI, And BoB
(DBN)

____________

Australia:

1800 Lasagne insists “we are not closing” after creditors vote for wind-up
(DBN)

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