July 23, 2025

The Daily Bankruptcy News

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Law:

Biglaw Surrender Firms Hoping Trump Just Forgets About Them Trump Won’t Give Up On His Biglaw Executive Orders Until He Gets In Front Of The Supreme Court
(DBN)

Was That Davis Polk Associate Asking For It? Fired Davis Polk Lawyer on Why He Criticized Trump, Palantir
(DBN)

Wait — How *Do* You Make Equity Partner??
(DBN)

Selling Without The Sleaze: What Lawyers Need To Know About Modern Business Development
(DBN)

Top Biglaw Firm To Open An Office In Silicon Valley
(DBN)

National Conference of Bar Examiners gingerly tests technology for NextGen Uniform Bar Exam
(DBN)

T14 Law School Actually Wants You To Use AI In The Application Process
(DBN)

Who Rules The Courts? An ATL Infographic
(DBN)

GenAI And Critical Thinking: The Problem Is The Problem
(DBN)

Law firms and banks turn to the courts to get M&A fees paid
(DBN)

Linklaters Reports Record Year in Revenue with ‘High-End M&A’
(DBN)

Defense attorney accused of helping smuggle drugs to client in gang RICO case involving rapper
(DBN)

US Justice Dept. asks Epstein associate Maxwell to speak to prosecutors Bondi Pleads for Ghislaine to Bail Her Out of Epstein Crisis Top DOJ official plans to meet with Ghislaine Maxwell about Epstein case as House panel pursues subpoena Comedian Tim Dillon Says JD Vance Told Him Key Epstein Claim Made by Pam Bondi Isn’t True Jeffrey Epstein Lawyer’s Shocking Take on How His Former Client Died ‘Ask the FBI’: WH Throws Kash Patel Under the Bus on Epstein
(DBN)

Alina Habba to Depart US Attorney Post After Judges Defy Trump Admin Alina Habba out of job after federal judges appoint her assistant to take over Interim US attorney gets new title after judicial panel rejection for permanent position US Attorney Appointed by New Jersey Judges Removed by DOJ US Attorney Appointed by New Jersey Judges Removed by DOJ Bondi immediately swoops in after court refuses to appoint Alina Habba as US attorney
(DBN)

Trump scores $36 million in 'big win' settlement with CBS 60 Minutes over edited Kamala Harris interview
(DBN)

US set to deport permanent residents over alleged support to Haitian gang leaders Louisville dropping ‘sanctuary city’ policy Pregnant Wife Says ICE Detained Green Card Applicant Husband Venezuela Probes Abuse Claims After US Sends Migrants to El Salvador The Hype Man of Trump’s Mass Deportations DHS Denies 82-Year-Old Grandfather Was Deported After He Lost Green Card Detention of two Italians at ‘Alligator Alcatraz’ sparks backlash at home
(DBN)

Trump DOJ propping up 'incorrect' and 'contrary' new arguments in ICE raid case
(DBN)

DoJ staffer sacked ‘in retribution’ for husband’s anti-ICE app
(DBN)

Trump Accuses Obama Of 'Treason,' Calls For Prosecution 'Simply doesn't come close': Fact-checker takes seconds to dismantle Trump's Obama claim
(DBN)

Trump’s WSJ Lawsuit Raises a New Constitutional Question
(DBN)

Video of Jacksonville sheriff's officer hitting man in face during traffic stop prompts investigation
(DBN)

Unarmed Alabama man's death ruled a homicide after police officer kneeled on his neck
(DBN)

Feds seize 300 pounds of meth hidden in solar panels at LAX
(DBN)

Man who attacked mom threw acid at officer arriving to arrest him: Authorities
(DBN)

'I'll show you why': Man snuck gun to work in cooler, shot multiple colleagues, killing 1
(DBN)

Group home director assaulted woman, 77, for 'talking excessively': Cops
(DBN)

Cop used department resources to harass his ex-wife: Police
(DBN)

Woman tried framing horse for her mom's murder, now she's headed to prison
(DBN)

Lawmaker to Resign After Conviction for Breaking Into Sick Stepmom’s Home
(DBN)

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Judges:

How Supreme Court May Play a Role in Jeffrey Epstein Saga
(DBN)

This Is the Presidency John Roberts Has Built
(DBN)

Judges These Days Are Actually Too Young, 91-Year-Old Says
(DBN)

Report of man with knife at Chicago federal courthouse spurs police, FBI response
(DBN)

Ethics complaint tossed against federal judge who referred to Lincoln but not Trump in Capitol riot remarks
(DBN)

Lawyers for election pollster scathingly ask federal judge to consider sanctioning Trump
(DBN)

Whole federal district court fires back at Trump DOJ's 'unprecedented' lawsuit
(DBN)

Judge Judy’s Latest TV Show Literally Puts ‘Justice On Trial’
(DBN)

AI Enters the Courtroom With New Rule Governing Illustrative Aids
(DBN)

Rules Governing AI in Courtrooms Lag Behind Tech Advancement
(DBN)

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Wall Street:

Dow futures pop more than 200 points after Trump announces Japan trade deal
(DBN)

Why Are Stocks Up? Nobody Knows
(DBN)

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Layoffs:

Bosch To Cut 1,100 Jobs
(DBN)

Leaders Who Shrug Off Mass Federal Firings Ignore Danger
(DBN)

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Agribusiness:

After more than 100 years, California citrus shipper files for Chapter 7 bankruptcy
(DBN)

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Media:

NPR’s Top Editor Is Stepping Down
(DBN)

New York Times comes to Wall Street Journal’s defense in wake of Trump lawsuit
(DBN)

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Climate:

Extreme Weather Misinformation 'Putting Lives At Risk,' Study Warns
(DBN)

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Trucking:

Map Shows States Seeing Surging Freight Demand Amid Logistics Crisis
(DBN)

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Diamonds:

How the diamond industry lost its sparkle
(DBN)

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Tech:

Ransomware and Data Extortion Attacks in Insolvency Scenarios
(DBN)

Dog-Walking App Wag! Gets Nod to Try for Speedy Bankruptcy Exit
(DBN)

Economist Warns the AI Bubble Is Worse Than Immediately Before the Dot-Com Implosion
(DBN)

Researchers from top AI labs including Google, OpenAI, and Anthropic warn they may be losing the ability to understand advanced AI models
(DBN)

Bay Area tech CEO apologizes after product goes 'rogue'
(DBN)

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Economy:

Should Donald Trump Fire Jerome Powell? Wilbur Ross Weighs In
(DBN)

Trump officials plan tour of Fed HQ on Thursday Why is the US Federal Reserve refurbishment so controversial?
(DBN)

What Trump’s Feud With Jerome Powell Is Really About
(DBN)

Jerome Powell should resign, top economist Mohamed El-Erian says, citing a scandal Trump hasn’t even mentioned
(DBN)

Well-timed or just lucky? Top Trump officials' stock sales clustered before tariff news
(DBN)

Growing share of retirees lean heavily on Social Security, AARP says
(DBN)

Goldman Sachs is getting worried about the economy
(DBN)

Tariffs hit consumer confidence in Q2. Here's where it hurt the most.
(DBN)

US Treasury Chief Eyes China Tariff Deadline Extension In Talks Next Week Conservative group sues Trump, claims tariffs are a 'presidential power grab' Trump Administration Brings Tariff Evasion Claim Trump Says Confident US To Reach Philippines Trade Deal Trump Says Philippines Trade Deal 'Concluded' With 19% Tariff General Motors Profits Fall On Tariffs Wilbur Ross Outlines Trump's Biggest Tariffs Challenge Here are the winners and losers from EU’s retaliation plan against US tariffs
(DBN)

Hershey is raising the price of its candy bars over the high cost of cocoa
(DBN)

Some Gen Z Workers Are Quitting Jobs Over 'Sunday Scaries'
(DBN)

Elizabeth Warren vows to fight government funding bill
(DBN)

A quarter of Gen X who’ve been laid off in the last decade haven’t found another job since—and 11% have taken pay cuts to escape unemployment
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Over 30 million US homes don’t have a mortgage, report says — why that’s a red flag for the housing market
(DBN)

Chicago homeowner was shocked to find his property listed for sale online — what to know about property fraud
(DBN)

Rent Prices Are Falling Fast in America's Most Pro-Housing Cities
(DBN)

Over $4M in real estate tied to ATM businessman Daryl Heller could get swept up in bankruptcy Why is it so hard to know what Daryl Heller owns? A law professor explains.
(DBN)

‘Dishonest and fraudulent’ scheme: Bankrupt property developers ordered to repay $66m
(DBN)

NY: Trio Of Bankruptcies Lead To $140M In Sales
(DBN)

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Oil/Gas:

Republicans once said the free market should decide how the US uses energy. No more.
(DBN)

$18 Trillion or Total Nonsense? The Oil Demand Divide
(DBN)

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Politics:

'I don't really follow that': Trump suddenly plays dumb on Ghislaine Maxwell As MAGA world focuses on Epstein, Trump seeks focus on anything else Bill Clinton sent 'warm and gushing' letter for Jeffrey Epstein's 50th birthday - as Trump sues over claim he also wrote a 'bawdy' note for paedophile's half-century Trump fan dismisses Epstein files because it's 'human nature' to molest kids House panel moves to subpoena Ghislaine Maxwell Trump's DOJ likely to dangle plea deal if Ghislaine Maxwell gives dirt on Clinton: expert
(DBN)

‘Mike Lee Is an Idiot!’ GOP Senator Brutally Roasted After Falling for Phony Powell Resignation Letter
(DBN)

Donald Trump's Support Collapses With Key Demographic Democrats Get Good News from Most Accurate Pollster About Key Trump Issue Trump’s Approval Rating Hits a New Low Amid Epstein Scandal
(DBN)

House cancels its last day of votes before summer break as Epstein consumes Capitol Hill Johnson sending House home early amid push to force Epstein files vote
(DBN)

House GOP move to rename Kennedy Center’s Opera House after Melania Trump
(DBN)

As Trump comes for Murdoch media, Fox News faces a bind
(DBN)

Trump pulling U.S. out of UNESCO, the U.N. scientific and cultural agency, 2 years after Biden rejoined
(DBN)

National Science Foundation staffers express concerns about ‘politically motivated and legally questionable’ Trump actions
(DBN)

Donald Trump is Golfing Way More During His Second Term
(DBN)

Military Says It Will ‘Continuously’ Monitor Bathrooms to Comply With Anti-Trans Order
(DBN)

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Autos:

Tesla Sales Could Be Suspended In California
(DBN)

America's last new car under $20k ends production
(DBN)

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Festivals:

Burning Man Is Burning Through Cash
(DBN)

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Retailing:

Bankrupt competitors save popular retailer from store closures
(DBN)

Popular pharmacy chain confirms plans to permanently close down 17 more locations after bankruptcy bloodbath
(DBN)

Court confirms distribution plan in Conn’s bankruptcy
(DBN)

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Healthcare:

Unease grows in Waterbury as bankrupt Prospect Medical borrows $30M more to keep CT hospitals open
(DBN)

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Solar:

Enphase Sees 20% Drop in US Home Solar Market on Tax Credit Loss
(DBN)

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Rail:

Florida’s high-speed rail rattles investors, defying its promise
(DBN)

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Musical Instruments:

Fernandes Guitars files for bankruptcy again – but there's still hope for fans of the brand
(DBN)

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Bicycles:

YT Industries Files for Insolvency as Tariff Hikes and Private Equity Model Worsen Biking Industry Crisis
(DBN)

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Theme Parks:

Miami-Dade County tells Seaquarium bankruptcy judge: cancel lease or remove dolphins, marine life
(DBN)

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Utilities:

Puerto Rico Moves to Cancel LUMA Energy Grid Contract Amid Outage Woes
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (16 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

UST:

Justice Department’s Bankruptcy Watchdog Buyouts Grow to 171
(DBN)

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Mediation:

Sanctionable Actions in Mediation
(DBN)

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Personal Genomics:

23andMe Ombudsman Beats DOJ Pushback in Bid to Hire WilmerHale
(DBN)

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Aviation:

Mind the Gap: The Uncertain Status of Aircraft Lenders to Foreign Airlines in Chapter 11
(DBN)

Lessons from an Airline Bankruptcy, and Why I Always Use Credit Cards for Travel
(DBN)

Air India says no issues found in Boeing 787, Boeing 737 fuel control switches
(DBN)

Outrage Grows as Delta to Price Tickets Based on What AI Thinks You'll Pay
(DBN)

Mid-Air Freak Out on Virgin Flight as Passenger’s Carry-On Bursts into Flames
(DBN)

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Meme Stocks:

Kohl's shares jump as retail traders drive 'meme-stock'-like rally
(DBN)

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Celebs:

Professional Bull Riders Move to Block Dr. Phil's Merit Street Media's Bankruptcy Professional Bull Riders hit ‘Dr. Phil’s’ Merit Street Media with $181M debt claim
(DBN)

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Education:

Colombia disciplines 80 students who took part in campus protests
(DBN)

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead
(DBN)

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Sovereigns:

Pakistan Leans Heavily On Creditors As Foreign Loans Touch $26.7 Billion In FY25 ‘Unsustainable levels…’: Pakistan economy drowning in debt with record $26.7 billion in loans last year; dependency on creditors deepens
(DBN)

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UK:

Petrofac in the Court of Appeal: Key Takeaways
(DBN)

Britain's Lindsey oil refinery to close after no buyer found
(DBN)

Insolvency Service reveals £57 million returned to the economy and thousands supported through financial distress
(DBN)

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Canada:

Over 150 Employees Fired as Attabotics Files for Bankruptcy Protection
(DBN)

Alberta Court decision extinguishes lien security for failure to enforce the lien within two years
(DBN)

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Spain:

Fernando Badenes joins Spanish law firm ARPA Abogados as litigation and insolvency partner
(DBN)

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MENA:

Gaza hospital boss says 21 children died of malnutrition, starvation over last 3 days
(DBN)

Top Catholic cleric calls Gaza’s humanitarian crisis ‘morally unacceptable’
(DBN)

Global outcry grows over Israel’s killing of starving civilians in Gaza
(DBN)

Israeli troops ‘handcuffed, stripped, and interrogated’ WHO Gaza aid workers
(DBN)

UN Chief Says Gaza 'Horror' Is 'Without Parallel In Recent Times'
(DBN)

Israeli Far Right Discusses Gaza 'Riviera' Plans
(DBN)

Donald Trump Issues New Warning to Iran, Threatens to Attack Again
(DBN)

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China:

China imposes exit bans on U.S. Department of Commerce employee and a Wells Fargo banker
(DBN)

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France:

Champagne industry boss, 2 others jailed for human trafficking, allegedly treating workers in France "like slaves"
(DBN)

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Russia:

See How Drones Are Dominating Every Corner of the War in Ukraine
(DBN)

Russian elite 'living in fear' as Putin's violence harms his own
(DBN)

Yet another Trump ultimatum falls flat in Moscow
(DBN)

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Germany:

Munich citizens form human chain around synagogue to protect from pro-Palestine rally
(DBN)

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India:

Gross NPAs Plunge From 9.11% To 2.58% Between March 2021–March 2025: Govt
(DBN)

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France:

France clamps down on sick leave as bankruptcy looms French are told they 'don't work enough' as minister launches crackdown on Le Sickie to stop country slipping into bankruptcy
(DBN)

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Macedonia:

Fast loans, Slavevski: We need a law on personal bankruptcy
(DBN)

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Australia:

Restaurants, building firm insolvencies remain high
(DBN)

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South Africa:

Concursus Creditorum: Drawing a hard line in the sand
(DBN)

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