October 23, 2025

The Daily Bankruptcy News

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Law:

Government Chaos Means Record Revenues For Biglaw Lobbying Practices
(DBN)

In-House Counsel Fired After Racist Rant Goes Viral
(DBN)

Brown Rudnick’s $4 Million Fee Dispute with J&J Bankruptcy Unit Highlights Legal Fee Tensions
(DBN)

Law Graduate Employment Surges in 2024, Yet Racial and Class Disparities Persist
(DBN)

Legal Industry 2026: How AI, Boutique Firms, and Competitive Admissions are Transforming the Landscape
(DBN)

The managing partner of Baker McKenzie’s Washington, D.C. office has taken the unusual step of hiring a security detail
(DBN)

Lawyer’s popular Instagram account is kaput after no-contest plea to misconduct deemed ‘standard operating procedure’
(DBN)

Ousted Justice Dept. attorneys who prosecuted Trump open new law firm targeting corruption
(DBN)

No Tricks, All Treats: This legal team provides kids with Halloween costumes
(DBN)

Partnership Seeks To Marry Internal Firm Knowledge With Extensive Legal Database
(DBN)

People Pardoned by Trump Want Banks to Forgive Their Past, Too
(DBN)

MAGA Beauty Queen’s Threat to Prosecute Her Own Prosecutors
(DBN)

Trump Ally Pushing Conspiracy Case Says Grand Jury Approved
(DBN)

Trump targets’ ‘vindictive’ prosecution playbook
(DBN)

Jack Smith calls out Trump’s revenge indictmentsJack Smith slams campaign that 'falsely' accused him of 'tapping' phones, brings receipts
(DBN)

Ex-Cornyn Counsel Tapped as Top Federal Prosecutor in Dallas
(DBN)

Michael Wolff pulls Uno reverse card on Melania Trump's threats to sue him over Epstein connection claims, files his own lawsuit against the First Lady
(DBN)

Immigrant rights group calls for removing pregnant women from detentionProtesters confront immigration agents during NYC sweepTikTok Influencer Richard LA, Who Documents ICE Activity, Shot During ICE Raid, Charged With AssaultMan shot in ICE confrontation is a 'respected and admired' citizen journalist Trump administration dispatches 100 immigration agents to San FranciscoPlans underway for Border Patrol immigration crackdown in San Francisco area, sources sayJournalists reported the state government was erasing records of ICE trying to deport U.S. citizensSome new ICE recruits have shown up to training without full vetting
(DBN)

Columbia activist Mahmoud Khalil asks appeals court to block arrest efforts against him
(DBN)

LAPD Tried To Fight Order That Wouldn’t Let Them Shoot Journalists, Shot Them Anyway
(DBN)

U.S. strikes 8th alleged drug vessel, this time on the Pacific side, killing 2 people on board
(DBN)

Meth, cocaine worth nearly $1 billion seized from 2 sailboats in the Arabian Sea, U.S. confirms
(DBN)

8 Americans arrested as Bahamas police seize guns and cash from docked boat
(DBN)

Alec Baldwin lawsuit claiming wrongful prosecution heads to federal court
(DBN)

Uber Eats dad realizes his son is missing from car and keeps doing deliveries: Police
(DBN)

Judge admonishes cop who killed Black man who allegedly stole beer for deleting messages
(DBN)

Man shot toddler in the back because the boy's dad 'parked too close' to his car: Cops
(DBN)

McDonald's employee pulls gun on 2 customers who threatened to beat him up: Police
(DBN)

Man claiming to be Trump employee flees scene of crash, threatens to kill cop: Police
(DBN)

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Judges:

Judiciary Funding Runs Out; Only Limited Operations to Continue
(DBN)

Which NBA player is each Supreme Court justice?
(DBN)

Some courts are losing trust in Trump Justice Department, according to a study
(DBN)

Who is Cameron Currie? Judge hearing Lindsey Halligan disqualification bid
(DBN)

No, Your Honor, I Didn’t Call You That, I Was Talking About, Um, Bundt Cake
(DBN)

Supreme Court Lawyer Labels Trump’s Attacks on Judiciary as “Regrettable,” Sparking Legal Community Concerns
(DBN)

Judge Oldham Challenges Rigidity of Judicial Precedent, Prompting Legal Debate
(DBN)

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Wall Street:

Stock futures are under pressure again as Tesla, IBM fall on earnings, oil jumps
(DBN)

Wall Street bonuses expected to hit record as bank profits surge
(DBN)

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Layoffs:

Meta cuts 600 workers in AI unit as it races to compete in tech boom
(DBN)

Capital One Layoffs Hitting Former Discover Headquarters In Illinois
(DBN)

AI is already taking white-collar jobs. Economists warn there’s ‘much more in the tank’
(DBN)

Amazon switch to robots in warehouses will save it up to $4 billion a year, Morgan Stanley says
(DBN)

Legal Battle Over Mass Firing At CFPB Paused By Government Shutdown
(DBN)

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Finance:

AI Scours 1 Billion Deal Terms to Show Lenders’ Default Defenses
(DBN)

PrimaLend Capital Partners Files For Bankruptcy Amid Debt StrugglesSubprime lender PrimaLend Capital Partners files for bankruptcy protection
(DBN)

Santander had $55 million debt exposure to First Brands, US court document shows
(DBN)

First Brands bankruptcy sparks sharp outflow from US loan funds
(DBN)

From First Brands to Ambipar: Latest Flashpoints in Credit Markets
(DBN)

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Theme Parks:

Dead Dolphins and Diverted Cash Sink Cancún Theme Park Operator
(DBN)

Two of Marineland’s dolphins could be moved within weeks as attraction’s bankruptcy sale unfolds
(DBN)

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Healthcare:

Waterbury Hospital's debts surge to $140M as UConn Health bid remains stalled
(DBN)

City council, mayor approve new funding agreement to support Jackson Hospital
(DBN)

Health insurance sticker shock begins as shutdown battle over subsidies rages
(DBN)

Average cost of a family health insurance plan now nearly $27,000
(DBN)

The ‘quiet alarm bell’ on U.S. health costs: Employers are backed into a corner, and workers are paying the price
(DBN)

Trump pollster: ObamaCare subsidy extension key for GOP ahead of midterms
(DBN)

Faced with rising ACA premiums, some Americans opt to go uninsured
(DBN)

Saving CT hospitals with Senate Bill 7
(DBN)

California fines Atlanta-based health ministry $34M in penalties
(DBN)

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Education:

Colleges turn down Trump's "compact" agreement offerHow Nine Colleges Responded to Trump's 'Compact'
(DBN)

University of Virginia reaches deal to halt Justice Dept. civil rights investigations
(DBN)

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Religion:

Holy Warrior
(DBN)

Experts: Islam will be the dominant religion in America
(DBN)

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Celebs:

Shilo Sanders facing new complaint in bankruptcy case
(DBN)

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Travel:

Travelers warned they risk jail and $5,000 fine if they don’t follow new $60 ‘fingerprint’ policy at US border
(DBN)

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Economy:

Americans are still buying things, bad economic vibes or not
(DBN)

Fed will cut interest rate by 25 basis points next week and again in December, according to survey
(DBN)

As national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’U.S. debt tops $38 trillion for the first time, worsened by government shutdown
(DBN)

US Echoing ‘Alarm Bells’ of 2008 Crisis: Central Bank Chief
(DBN)

Most Americans say U.S. on wrong track on economy, immigration and more: poll
(DBN)

Waller, a Top Fed Chair Contender, Backs Rate Cuts Without Bowing to Trump
(DBN)

Nearly a quarter of American workers didn’t take any of their vacation days this year, says new survey
(DBN)

The costly flaws in America's high-skilled immigration policy
(DBN)

Port fees slap shipper with $34 million bill: ‘They are showing us door,’ says shocked U.S. freight CEO
(DBN)

Why China is winning the trade war
(DBN)

US Considers Broad Software Curbs on China, White House Says
(DBN)

H-1B Visa Update: Republicans Urge Trump To Scrap $100,000 Fee
(DBN)

Best Buy’s CEO says growing spending power gap between affluent and poor "keeps me up at night"
(DBN)

Why food insecurity is becoming a growing concern in the U.S.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
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Real Estate:

MBA:Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

2nd Look at Local Housing Markets in September
(DBN)

It's not just Florida. Real estate boomtowns are going bust.
(DBN)

AIA: "Softness persists at architecture firms" in September
(DBN)

Celebration Pointe developer files for bankruptcy amid numerous lawsuits from creditors, investors
(DBN)

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Municipalities:

'We are too broke to go bankrupt': Isleton weigh Chapter 9 bankruptcy, disincorporation as $4.6M debt looms
(DBN)

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Oil/Gas:

U.S. sanctions Russia's two largest oil companies
(DBN)

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Politics:

Scathing Poll Sends Trump a Major Warning
(DBN)

6 in 10 say US headed in wrong direction: Survey
(DBN)

Trump Says He’s Got Lincoln and Washington Beat as POTUS
(DBN)

Americans turning more negative on Congress: Gallup
(DBN)

Senate GOP chatter rises on filibuster reform to end shutdownAmerica’s government shutdown is its weirdest yetGovernment shutdown continues as Senate fails to advance GOP bill and Democrat gives 22-hour speech GOP seeks to make Democrats sweat over pay during shutdownTime crunch poses obstacle to ACA talksCan Trump MAGA-Proof the Shutdown?As government shutdown persists, ICE agents are among the still-paid employees receiving ‘super checks’ including lost pay and overtimeFurloughed workers lean on a food bank during shutdownGOP leaders eye new stopgap spending measure to end shutdown
(DBN)

What Young Republicans say when they think no one’s listening
(DBN)

Is the US heading for another civil war?
(DBN)

All the signs Donald Trump has no intention of ever leaving the White House
(DBN)

Trump has claimed millions from the government. He could order payment.Trump’s $230 million cash grab, briefly explainedFormer Trump campaign adviser rips talk of $230M DOJ settlementTrump's multi-million request puts DOJ integrity to the test, legal scholars sayDOJ will have to 'justify' and explain $230M Trump payday in 'public document': Expert
(DBN)

Stephen Colbert Catches Donald Trump in Blatant WH Ballroom ‘Lie’Trump to demolish entire East Wing of White House for ballroom: ‘Plans changed’Trump's East Wing destruction echos his tactics at Mar-a-Lago and Trump TowerTrump administration plans to demolish White House's entire East Wing as ballroom cost grows to $300 million
(DBN)

Trump beats the drums of war for direct action in VenezuelaTrump Is Courting Catastrophe in Venezuela
(DBN)

The New Republican Voice of Sanity Is … Marjorie Taylor Greene?
(DBN)

Donald Trump Says Republican Must Be Thrown Out of Congress ‘ASAP’
(DBN)

The decline of the welfare state has boosted the rise of the far right
(DBN)

UN chief defends science and weather forecasting as Trump threatens both
(DBN)

In her new book, Biden’s former press secretary lets Democrats have it
(DBN)

Platner says tattoo covered up after realizing it ‘resembled a Nazi symbol’Democratic primary war escalates over Graham Platner
(DBN)

My Pillow CEO Mike Lindell Shocks Steve Bannon With Political Ambitions
(DBN)

Trump Tells Allies Mamdani Can’t Be Beat in New York Mayor’s Race
(DBN)

Hegseth: Pentagon staff now needs approval to interact with Congress
(DBN)

Oxford debating society votes to oust president over Kirk remarks
(DBN)

DeSantis, Trone call for congressional term limits in bipartisan effort
(DBN)

Democratic senator holds Senate floor for 13 hours and counting to protest Trump
(DBN)

DNC pays $1.6 million more for Kamala Harris' campaign debt
(DBN)

North Carolina legislature passes new congressional map in latest GOP redistricting push
(DBN)

Tucker Carlson can't control his fury as MAGA student resurrects CIA conspiracy theory about his father
(DBN)

Obama Plays Secret Role in Taking Down Trump’s Power Grab Plot
(DBN)

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Accounting:

Deloitte refunds over $60K for report with AI errors, Australian government says
(DBN)

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Maritime:

US shipbuilders, ports take knock-on hit from Trump assault on offshore wind
(DBN)

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Retailing:

Popular accessories retailer files for bankruptcy, blames tariffs, tech rivals
(DBN)

Rite Aid Name, Private Label Brands Up for Sale
(DBN)

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Telecom:

Bankrupt Telecom Business Accused Of Fraud In Receivables Financing
(DBN)

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Food/Beverage:

Boom to Bust: Beyond Meat Struggles to Stay Relevant
(DBN)

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Insurance:

Northeastern Insurance files for US bankruptcy protection amid wave of child abuse claims
(DBN)

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Sports:

Moretti fights San Lorenzo bankruptcy, proposes payment plan
(DBN)

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Furniture:

Twin Star Home acquires Walker Edison out of bankruptcy
(DBN)

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New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Global insolvencies: still waiting for tariffs? Allianz Trade expects further rises in 2025 and 2026, with a turning point in 2027.
(DBN)

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Bankruptcy Strategy:

Reassessing Recovery Assumptions In Light Of Changing Bankruptcy Precedents
(DBN)

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Miscellaneous:

Updates: Beyond Meat Inc. + Stoli Group (USA) LLC + ModivCare Inc.
(DBN)

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Sales:

Bankruptcy Court Orders Texas to Strike Allegations In State Data Privacy Suit Against General Motors
(DBN)

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Aviation:

Spirit Airlines explores merger options during second bankruptcy restructuring
(DBN)

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Agribusiness:

Republicans have a rare beef with Trump over suggestion he'll import red meat
(DBN)

Cattle Farmers Make Urgent Plea as Trump’s Argentina Beef Deal Looms
(DBN)

Trump says U.S. cattle ranchers ‘don’t understand’ tariffs after some slam Argentine beef plan
(DBN)

Trump Demands Cattle Ranchers Lower Prices, Deepening Feud
(DBN)

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Tech:

Smart beds flipped out during the AWS outage, and so did their sleepy owners
(DBN)

People Experiencing AI Psychosis Beg for Help
(DBN)

AI leaders push to pause superintelligence
(DBN)

Amazon introduces ‘Blue Jay’ warehouse robot that performs multiple tasks at once
(DBN)

AI Bots Show Signs of Gambling Addiction, Study Finds
(DBN)

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Autos:

Carvana plunges as investors respond to another subprime lender’s bankruptcy filing
(DBN)

Tesla reports revenue growth after two down quarters. Why the stock is fallingTesla Profit Plunges as Musk Turns Focus to ‘Robot Army’Tesla’s Profit Tumbles as Costs Undermine Record EV SalesMusk Pleads for His $1 Trillion Pay Package as Tesla Profits Plummet
(DBN)

O’Reilly Raises Full-Year Outlook Amid Auto Supplier Bankruptcy Concerns
(DBN)

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Cannabis:

LA's staggering cannabis problem could cost the city $400M
(DBN)

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Utilities:

Puerto Rico Utility Bankruptcy Restarts as Board Members Return
(DBN)

Senator Calls for Federal Takeover or Bankruptcy to End WAPA’s Financial and Operational Collapse
(DBN)

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Crypto:

Alex Mashinsky’s Legal Team Presses for Expedited Exit from Celsius Bankruptcy Case Amid Scrutiny.
(DBN)

Crypto lost 1,000 jobs to AI since ChatGPT launched—but gained them back from other sectors, says a16z report
(DBN)

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Climate:

It was the costliest six months on record for climate disasters — and almost wasn't reported
(DBN)

Europe Faces an Economic Reality Check on Its Climate Agenda
(DBN)

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UK:

Scottish Government Demands Millions Over Trump’s Golf Trip
(DBN)

American Firms Drive Surge in Partner Relocations in London Legal Market
(DBN)

Inflation holds at 3.8% – industry reaction
(DBN)

Four million households stuck in arrears
(DBN)

More than 270 jobs lost as administrators appointed to Venator's UK business
(DBN)

Seven-year bans for sisters who enabled insolvency avoidance scheme
(DBN)

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Canada:

Carney Sets Goal of Doubling Canada’s Non-US Exports by 2035
(DBN)

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Argentina:

Milei’s make-or-break momentWhat Scott Bessent Doesn't Get About Argentina
(DBN)

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Russia:

Russia's small businesses cry foul over war economy tax hikes
(DBN)

Bodies strewn across Pokrovsk reveal horror of Russian war crimes
(DBN)

Russia Strikes Ukraine as Latest Trump Peace Efforts Falter
(DBN)

Putin's war is "not just about Ukraine," says Estonian ambassador
(DBN)

The U.S. Tactic That Russia Is Using to Hoard Power
(DBN)

Trump administration sanctions big Russian oil companies, presses for Ukraine ceasefireRussia Suffers New Sanctions Squeeze as EU Follows Trump
(DBN)

Kremlin Accuses Trump of ‘Act of War’ Against Russia
(DBN)

Trump denies WSJ report US helped Ukraine target inside Russia
(DBN)

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MENA:

Vance urges Netanyahu to "give a shot" to Gaza deal
(DBN)

Where Does the Israel-Hamas Cease-Fire Stand?
(DBN)

Israel's parliament advances bill to annex West Bank
(DBN)

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Brazil:

Brazil Sees Corporate Credit Meltdowns as Isolated, Not Systemic
(DBN)

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France:

Surveillance Camera Pointed the Wrong Way Allowed Louvre Heist
(DBN)

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Australia:

The biggest game changer for corporate accountants in the year ahead
(DBN)


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North Korea:

North Korea has stolen billions in crypto and tech firm salaries, report says
(DBN)

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India:

House panel seeks inputs on IBC Amendment Bill
(DBN)

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