October 10, 2025

The Daily Bankruptcy News

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Due to the Columbus Day holiday, The Daily Bankruptcy News will not publish on Monday, October 13, 2025



Law:

Law Firms’ Trump Deals Escape NY Lawyer Ethics Investigation
(DBN)

Hackers gained access to ‘small number’ of attorney emails at Williams & Connolly, firm confirms
(DBN)

Sullivan & Cromwell Imposters Stole Checks, Letitia James Claims Scammers Walked Away With Nearly A Half Million Of Sullivan & Cromwell’s Dollars Fake Sullivan & Cromwell entities used by scammers should be dissolved, suit says
(DBN)

Corporate And Litigation Powerhouses Tie The Knot In Biglaw’s Latest Merger
(DBN)

Biglaw’s Litigation Growth Strategy
(DBN)

London Managing Partner cleared over drunken kiss with paralegal
(DBN)

Inside the battle in legal tech to ‘OpenAI-proof’ its business
(DBN)

US anti-fascism expert blocked from flying to Spain at airport
(DBN)

Six companies pushing the legal world into the AI era
(DBN)

When Will AI Be Your Opposing Counsel?
(DBN)

Law Professor Catches Deloitte Using Made-Up AI Hallucinations In Government Report
(DBN)

“Leo Strine Calls on Business Leaders to Champion Rule of Law for Economic Stability and Ethical Governance”
(DBN)

The Forgotten Art Of Brainstorming: How To 10x Creativity In Group Settings
(DBN)

Contractual caseload quotas force Oregon public defenders ‘to operate beyond their ethical capacity,’ suit saysOregon Public Defense Commission Thinks You Can Argue A Murder Case In The Time It Takes To Watch The First Season Of ‘Game Of Thrones’
(DBN)

That 70s Show: Why Your 70s Might Be The Perfect Time To Start A Law Firm
(DBN)

Kim Kardashian Is Going To Be A Lawyer
(DBN)

From Biglaw To In-House At The House Of Mouse
(DBN)

States Turn to Outside Firms to Generate Big Privacy Settlements
(DBN)

Lawyer’s Defamation, Conspiracy Claims Revived by Appeals Court
(DBN)

Out of control ICE agent yells 'do something, b----' before shooting Chicago woman 5 timesPope urges compassion for migrantsKilmar Abrego Garcia cannot get Trump lawyer's texts and emails, DOJ saysCFPB Awarded $111 Million From Firm That Scammed ImmigrantsChicago ICE raids, National Guard troops prompt new school leaflets: ‘Know your rights’
(DBN)

Inside the Justice Department Where the President Calls the Shots
(DBN)

Trump Hit With Humiliating Attack From Republicans Over His DOJ ‘Abuses of Power’
(DBN)

Chicago and Portland fight Trump's National Guard deployments in court hearings ThursdayJudges hold lawyer’s feet to the fire on National Guard as Oregon slams Trump Chicago Chief Judge Says US Troops Should Stay Away From Court Oklahoma’s Republican Governor Criticizes National Guard Deployment in ChicagoIllinois urges judge to stop National Guard deployment after Trump administration ‘plowed ahead’What’s Really Going On in Portland, According to Police ReportsPolice Reports Completely Blow Up Trump’s Crackdown ExcuseStephen Miller Yells About American City ‘Bloodbath’ in Unhinged Rant Pope meets with Chicago union leaders, urges migrant welcome as crackdown underway in hometown
(DBN)

Court rulings, anti-ICE protests, Democrats: What the Trump admin sees as 'insurrection'
(DBN)

History Shows How Using Troops to Police U.S. Cities Can Backfire
(DBN)

US DHS looking to buy more property in Chicago for Trump law enforcement efforts
(DBN)

Grand jury indicts N.Y. Attorney General Letitia James, a Trump opponent, on bank fraud chargesLetitia James Becomes Second Trump Political Enemy To Be IndictedThe Letitia James Indictment Falls Short
(DBN)

Ex-NJ US Attorney Grace Fired by Trump Joins McCarter & English
(DBN)

Unvetted, Unconfirmed US Attorneys Shift Too Much Power to Trump
(DBN)

Diddy judge offers hip-hop mogul a way to cut up to a year off his prison sentence
(DBN)

8 people arrested in case of Texas midwife charged with performing illegal abortions
(DBN)

Ex-student who alleged sex abuse by monk at elite N.J. Catholic school wins $5M in damages
(DBN)

Texas prisoner Robert Roberson's execution for "shaken baby" death halted by state's highest criminal court
(DBN)

In cell where Jeffrey Epstein died, a scene of disarray that never underwent thorough inspection, experts said
(DBN)

Alleged LA Palisades firebug Jonathan Rinderknecht threatened to burn down sister’s house before arrest: feds
(DBN)

Mom shot dead in front of daughter during fight over not saying 'thank you': Police
(DBN)

Man threatens stabbing victim with knife for peeing near his girlfriend, police say
(DBN)

Boater told pals to throw nearly 100 cans of booze into water after killing girl: Lawsuits
(DBN)

'He seemed content': Mom left her 9-day-old infant in car seat for 14 hours, killing him
(DBN)

Good Samaritan carjacked after he pulled over to help a man waving him down: Cops
(DBN)

Baltimore sees staggering crime drop as Democratic prosecutor holds repeat offenders accountable
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Judges:

Trump Troop Deployment to Chicago Blocked for Now by Judge
(DBN)

Judge upholds North Dakota’s ban on gender-affirming care for kids
(DBN)

Judge to rule on National Guard lawsuit filed by Illinois and Chicago in Thursday hearing
(DBN)

Lawyer reportedly tells judge ‘thank you’ followed by slur in remote hearing
(DBN)

Before joining Anderson Kill, judge was accused of rude behavior on bench, retaliatory threats in ethics case
(DBN)

Judge savages Trump admin for teen pregnancy funding conditions
(DBN)

Clarence Thomas Accidentally Laid the Groundwork for Reviving Affirmative Action
(DBN)

New Hampshire Supreme Court Justice Skirts Jail Time Over Investigation Interference
(DBN)

Judge Who Took Axe to Lawyers’ Rates Says Size (of Firm) Matters
(DBN)

Senate Panel Advances Circuit Pick Who Drew Conservative Ire
(DBN)

Trump White House Lawyer, Professor Confirmed to Third Circuit
(DBN)

New Media Blitz Targets Democrats Who Back Trump Judge Picks
(DBN)

Legal Community Criticizes Lenient Sentence in Kavanaugh Assassination Attempt Case
(DBN)

Oklahoma high court strikes down Oklahoma business courts
(DBN)

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Wall Street:

Stock futures are little changed after S&P 500, Nasdaq pullback from record highsUS stock index futures tick up ahead of consumer sentiment data
(DBN)

Head of largest US bank warns of risk of American stock market crash
(DBN)

The ‘debasement trade’ is the talk of Wall Street. What is it and is it too late to get in?
(DBN)

Global equity fund inflows ease on caution over political risks, U.S. shutdown
(DBN)

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Layoffs:

Chevron lays off more than 100 N.D. oil jobs
(DBN)

People Inc. announces 226 layoffs
(DBN)

Sentara Health Plans announces 220 layoffs
(DBN)

BCBS Massachusetts offers buyouts to 18% of workforce
(DBN)

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Tech:

AI Jobs Shock Is Coming and Firms Aren’t Ready, Klarna CEO Says
(DBN)

Ex-Google CEO Eric Schmidt warns AI models can be hacked: ‘They learn how to kill someone’
(DBN)

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Student Debt:

What happens to borrowers if the government sells student loan debt?
(DBN)

Trump administration sends student loan forgiveness notices during government shutdown
(DBN)

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Agribusiness:

Kooser Farms files for Chapter 12 bankruptcy, seeks to reorganize after shift from dairy to crops
(DBN)

After a summer respite, bird flu is back
(DBN)

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Debt Collection:

Debt Collection Complaints Are Surging
(DBN)

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Fintech:

City Of Baltimore Files Lawsuit Against MoneyLion, Accusing Fintech Lending Company Of Trapping Residents In A ‘Exploitative Cycle Of Debt’
(DBN)

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Utilities:

BlackRock, Franklin Slash Holdings of Puerto Rico Utility Debt
(DBN)

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Economy:

Tariffs Are Way Up. Interest on Debt Tops $1 Trillion. And DOGE Didn’t Do Much.
(DBN)

Hiring Slowdown Worries Top Fed Official, an Ally of Powell
(DBN)

Former Fed Governor Larry Lindsey withdraws name for Fed chair
(DBN)

Ray Dalio Warns of Soaring Debt and ‘Civil War’ Brewing in US
(DBN)

JPMorgan Boss Issues Ominous Warning About U.S. Economy
(DBN)

UPS is 'disposing of' U.S.-bound packages over customs paperwork problems
(DBN)

America is sucking in growth from the rest of the world
(DBN)

What the graduate unemployment story gets wrong
(DBN)

JPMorgan requiring biometric data for staff access to new headquarters
(DBN)

Pope Leo condemns economies that marginalize the poor while the wealthy live in a bubble of luxury
(DBN)

Republican Socialism: The Trump Administration Buys a Stake in Yet Another Company
(DBN)

Levi Strauss raises prices, helping to boost profit and outlook
(DBN)

US Debt Clock
(DBN)

World Debt Clock
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Real Estate:

Average long-term US mortgage rate eases to 6.3%
(DBN)

Trump, Pulte Threats Fuel $19.5 Billion Homebuilders Rout
(DBN)

U.S. Sees A Steady Climb In Foreclosure Activity
(DBN)

The staggering extent of Elon Musk's land grab in Texas revealed
(DBN)

For Homes by the Water, Closing Just Got More Complicated
(DBN)

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Politics:

Government shutdown will extend into next week as Senate adjourns without breaking stalemate Shutdown Pain Ripples Through US Economy With No Deal in Sight Frustrated lawmakers say lack of trust is making it harder to end the government shutdown Trump threatens to use government shutdown to cut ‘popular Democrat programs’ C-SPAN viewer confronts Johnson about getting her children medication during the shutdownTroops will miss paychecks next week without action on the government shutdownPanicked Republicans Beg TACO Trump to Ditch His Shutdown Plot Democratic Alarm Over an Unbound Trump Fuels Shutdown StandoffVance Leads MAGA Meltdown Over Dems’ Shutdown Victory LapDemocrats dig in on health care demands
(DBN)

Mike Johnson sidesteps whether he supports Trump's threat of mass layoffs during shutdown
(DBN)

JB Pritzker Has Had It With Democrats Who Won’t Stand Up to Trump
(DBN)

Senators from Arizona confront Speaker Johnson about not swearing in Democratic colleague
(DBN)

He Believes America Should Be a Theocracy. He Says His Influence Is Growing.
(DBN)

Trump to visit Walter Reed for "routine yearly checkup" 6 months after annual physical exam
(DBN)

Hegseth’s firing of Navy official compounds ‘culture of fear’ inside PentagonPentagon Pete’s Witch Hunt of Charlie Kirk Critics Sees 300 DoD Staff Investigated
(DBN)

Pope Leo invokes criticism of Trump's policies in first major documentAs Pope Leo riles conservatives, some say ‘just focus on the church’
(DBN)

Trump Keeps Whining That Bondi Left Him Bleeding—Literally
(DBN)

Newsom Laughs at Trump’s Bonkers Claim of Saving Millions of Lives
(DBN)

Trump Cries Snub Before He Can Even Lose the Nobel Peace PrizeWhy Trump Is Unlikely to Win the Nobel Peace PrizeMurdoch Paper Trashes Trump With Immigrant Nobel Prize WinnersNobel Peace Prize awarded to Venezuelan opposition leader
(DBN)

FEMA Workers Ordered to Out ‘ICE Barbie’ Critics or Be Fired
(DBN)

Billionaire Tom Steyer drops $12 million to support November redistricting ballot measure
(DBN)

These Pennsylvania court races are usually sleepy. This year, they're drawing millions in spending.
(DBN)

Virginia gubernatorial candidates clash over Jay Jones' violent texts in lone debate
(DBN)

‘Problem with the brand’: Democrats sweat as governor races tighten
(DBN)

How Ken Paxton, a Rising MAGA Star, Got Rich as a Texas Politician
(DBN)

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Education:

Faux Tuition Freezes and Nerd Subsidies: Trump’s Half-Baked Ideas for Higher Education Reform
(DBN)

Wyoming library director fired amid book dispute wins $700,000 settlement
(DBN)

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Newspapers:

Los Angeles Times Journalists Authorize a Strike
(DBN)

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Financial Services:

Aegon’s Junk Debt Chief Braces for Credit Pain as Cracks Spread
(DBN)

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Healthcare:

Prospect Medical Holdings expected to return to bankruptcy court, seeks to abandon Pa. hospitals
(DBN)

Covering GLP-1s could raise premiums by 14%: Study
(DBN)

'Never seen before': Why are California hospitals taking a hit?
(DBN)

City council backs struggling Alabama hospital
(DBN)

South Dakota specialty hospital to close
(DBN)

Inside the fight between doctors and insurance companies over 'downcoding'
(DBN)

Emergency Medicaid spending accounts for less than 1% of program's expenses, study finds
(DBN)

Democrats' shutdown fight won't lower healthcare costs. Here's what will
(DBN)

Circumcision ‘highly likely’ linked to autism, RFK Jr. wildly claims
(DBN)

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Climate:

Ex-Fed Official Sees Secular ‘Shocks’ Ahead From Extreme Weather
(DBN)

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Telecom:

Elon Musk’s Satellites Now Constantly Falling Out of the Sky
(DBN)

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Fraud:

Attorneys allege Tampa bank is complicit in missing $100 million fraud scheme
(DBN)

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Entertainment:

Parents Television Council, Scourge of Broadcast Indecency, Files for BankruptcyConservative Watchdog Parents TV Council Files for Bankruptcy: Famed for ‘Family Guy’ Feud
(DBN)

Late Night Ratings See Viewership Spikes Amid Trump Attacks
(DBN)

Top Hollywood agencies slam OpenAI’s Sora as ‘exploitation’ and a risk to clients
(DBN)

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Assisted Living:

Lawmakers accuse Genesis, private equity investor buyer of ‘looting’ and ‘abusing’ bankruptcy
(DBN)

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Retailing:

Metro Mattress to Close All Stores After Chapter 11 Bankruptcy
(DBN)

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Food/Beverage:

How a veteran restaurant leader guided Wild Wing Café, Back Yard Burgers through bankruptcy
(DBN)

Burned by Chili's: Southern chain blames dominant rival for bankruptcy as mass closures loom
(DBN)

The Popular Bar Chain That Might Make A Comeback From Bankruptcy
(DBN)

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Trucking:

1000 employees out of work as flatbed operator files for bankruptcy
(DBN)

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Theme Parks:

Hutson Companies, Major Housing Developer, Bids $3.5 Million for Bankrupt Marineland Dolphin Adventure
(DBN)

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Crypto:

‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors
(DBN)

Crypto Investor Known as 'Bitcoin Jesus' Reaches Deal With Prosecutors
(DBN)

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Hedge Funds:

How multi-million pay packages killed a small London hedge fund
(DBN)

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Batteries:

Trump’s crackdown on EVs hits home in the Battery Belt
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (311 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Alex Jones asks Supreme Court to block massive defamation judgmentAlex Jones fights paying up after Sandy Hook falsehoods. He wants Supreme Court's help.
(DBN)

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Jurisdiction:

Bankruptcy Court Has Subject Matter Jurisdiction Over An Improperly Filed Petition—But Must Dismiss (In re Whittaker–Part 2)
(DBN)

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Cross-Border:

Determining COMI in US Chapter 15 Proceedings
(DBN)

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Aviation:

Spirit's troubles expose limits of premium strategy for low-cost carriers
(DBN)

Bankrupt Play to face 2.3 billion ISK fine
(DBN)

Trump may stop Chinese airlines flying over Russia on way to US
(DBN)

What to do if your flight is delayed or canceled during the US government shutdown
(DBN)

DOT chief threatens to fire air traffic controllers who skip work
(DBN)

Airports brace for delays as EU starts fingerprint checks
(DBN)

Delta says premium travel is set to overtake coach cabin sales next year
(DBN)

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Autos:

First Brands Collapse Blindsides Wall Street, Exposing Cracks in a Hot Corner of Finance
(DBN)

Federal Investigation Launched Into First Brands Bankruptcy Amid Accountability Concerns
(DBN)

First Brands Exposure of $1.75 Billion Hits Norinchukin JV
(DBN)

Bankruptcy of US car parts company turns into a million-dollar grave for UBS investors
(DBN)

The Funds Most Affected by First Brands’ Bankruptcy and What Investors Can Learn From Them
(DBN)

First Brands blindsides Wall Street with bankruptcy, an elusive CEO and off-the-books financing
(DBN)

First Brands Is Great Company With Bad Balance Sheet, Says Marathon's Richards
(DBN)

First Brands’ Official Creditor Committee Includes RaistoneRaistone Seeks Examiner in First Brands Bankruptcy
(DBN)

First Brands Group’s bankruptcy and the dangers of improper trade finance accounting
(DBN)

Western Alliance: Don't Worry About First Brands
(DBN)

In Bankruptcy Court, First Brands Creditors Demand Explanation for ‘Vanished’ Cash
(DBN)

Insurers prepare for wave of First Brands claimsInsurers reduced First Brands coverage before bankruptcy filing - report
(DBN)

First Brands Is Missing Some Money
(DBN)

Financials Down as First Brands' Worries Linger
(DBN)

Auto lenders hit by coordinated fraud attacks amid rise in identity theft
(DBN)

Americans Are Falling Behind on Their Car Payments
(DBN)

UK regulator vigilant after First Brands, Tricolor collapse
(DBN)

Musk Set to Pocket Tens of Billions Even if He Blows His Tesla Targets
(DBN)

Tesla hit with probe after crashes involving a self-driving feature that Musk has boasted about
(DBN)

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Sovereigns:

$3.5bln land compensation row crops up in Zimbabwe debt talks
(DBN)

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UK:

High Court ruling will reshape engagement practices for insolvency
(DBN)

"Let’s not sugarcoat it, the council is bankrupt" warns Bedford councillor as it faces £13.6million budget shortfall
(DBN)

Katie Price to lose half of income and told to cut ‘extravagant’ spending
(DBN)

Barrister sanctioned for cursing client and calling her 'decorative'
(DBN)

Delighted solicitors clash with distraught legal executives over Mazur ruling
(DBN)

Firm staffer snaffled colleague’s honeymoon collection
(DBN)

‘Everything I told you was a lie’: solicitor admits 10 year deception
(DBN)

Loss-making London jobs blew £20m hole in collapsed M&E firm’s accounts as creditors facing £18m hit
(DBN)

Rothera Bray expands team with head of insolvency
(DBN)

Business confidence hits three year low
(DBN)

Three in four people struggling with debt repayments
(DBN)

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MENA:

What to know about the Israel-Hamas truce and hostage release plan'They're coming back': Israelis await return of Gaza hostagesTrump announces he will travel to Israel for welcoming home of hostages held by Hamas as Gaza deal 'all finalized and done'How the Israel-Hamas ceasefire deal came togetherU.S. prepping to send 200 troops to Israel for Gaza support, U.S. officials sayWith a Ceasefire Struck, Gazans Ask ‘Who Will Be in Charge’ Trump draws international praise as broker of Israel-Hamas deal Israel and Hamas will exchange hostages and prisoners after agreeing to a pause in the war in GazaThe bleak lesson Israel — and the world — might learn from the peace dealHamas Takes a Big Risk in Deal to Release Hostages What we know about the terms of the Israel-Hamas hostage deal.MAGA Congressman Rips Apart Trump’s Peace PlanHamas praises Trump for brokering hard-fought cease-fire with Israel One Question Looming Over the Gaza Deal: Why Now?How the potential Gaza ceasefire deal may face challengesNetanyahu gambles Israel’s far-right coalition on Gaza hostage deal
(DBN)

Uncertainty remains about the future of Gaza's governance
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New US sanctions target 50 people, companies and ships for allegedly aiding Iran’s oil and gas trade
(DBN)

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Hungary:

Trends Reshaping the Restructuring Landscape
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Russia:

Russian Drones Turn the Streets of Kherson Into a Civilian Kill Zone
(DBN)

Russia severely damages Ukrainian gas networks ahead of winter
(DBN)

Ukraine Is Hitting Russia Where It Hurts: Its Oil Refineries
(DBN)

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Mexico:

US Lawyers Walk Fine Line On Privilege, Work Product in Mexico
(DBN)

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Argentina:

US makes peso purchase in controversial Argentina rescue planUS Launches Financial Rescue of Argentina, Treasury Buys PesosArgentine Markets Soar as US Steps In to Buy PesosWarren Asks Hedge Fund Group If It Played Argentina Bailout RoleBig Investors Await Windfall From Trump’s Argentina BailoutBessent’s Big Gamble on Argentina Has a Narrow Road to Pay Off
(DBN)

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Singapore:

Singapore’s “Debt Relief Agency” Proposal and Flashbacks to BAPCPA
(DBN)

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India:

Modi Says ‘Good Progress’ Made in Trade Talks After Trump Call
(DBN)

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France:

France’s Power Brokers Jockey as Macron Seeks a Coalition
(DBN)

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Spain:

Trump Suggests Spain Be Expelled From NATO Over Low Defense Spending
(DBN)

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Japan:

Japan's April-September business failures hit 12-year high
(DBN)

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Ghana:

Ghana moves to strengthen legal framework for corporate insolvency
(DBN)

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Australia:

David Sharaz served bankruptcy papers by former WA Senator Linda Reynolds after defamation win
(DBN)

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China:

China eyes national personal bankruptcy system to bolster entrepreneurs
(DBN)

In Xi's China tycoons are vanishing, and Liuzhi may be the reason why
(DBN)

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