November 13, 2026

The Daily Bankruptcy News

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Law:

In Biglaw, Second Place Is Still Pretty Big
(DBN)

Simpson Thacher Says Financial Metrics Provide ‘Only A Limited View’ Of A Firm, So Now You Get No View At All
(DBN)

Weil’s Fall Shows How Profit Race Eclipses Culture, Partner Bonds • Skadden Hires Weil Private Equity, Sports, IP Deals Partners • Gibson Dunn Recruits 120-Lawyer Funds Group From Weil Gotshal • Weil Gotshal & Manges Restructures, Leaving Non-Legal Staff Facing Job Market Challenges
(DBN)

Cahill Gordon & Reindel Chooses Independence Amid Industry Merger Trend
(DBN)

Supervisor who forced trainee solicitor to feel his groin avoids strike off
(DBN)

Trustees Reach Consensus in Girardi Keese Bankruptcy, Prioritizing Unsecured Creditors Over Estate Claims
(DBN)

Barristers ambushed by cyberflasher
(DBN)

Latham & Watkins devotes $1M to AI program for associates
(DBN)

Biglaw’s Latest AI Incentive For Associates Comes With A $1 Million Prize Pot
(DBN)

The Next Generation Of Law Students Don’t Trust AI Hype
(DBN)

White & Case partner warns against ‘AI slop grenade’ job applications
(DBN)

Perplexity AI Drops Proskauer Rose Amid Reddit Data-Scraping Legal Dispute
(DBN)

Courts Reject AI Waiver Rule. Chat Use Doesn’t Kill Privilege
(DBN)

50 Ways To Do Well In Law School
(DBN)

Solo Lawyers Have a Well-Being Blueprint the Profession Needs
(DBN)

When Should Lawyers Stop Networking? 3 Ways To Do Less And Get Better Results.
(DBN)

'Sexually obsessed' solicitor Andrew Milne loses stalking appeal
(DBN)

Cravath Employee Arrested in NY, Accused of Insider Trading
(DBN)

Texas Political Earthquake Shakes Up Corporate Law, DExit Debate
(DBN)

Trump threatens to double Mexico tariffs if migrant caravan reaches US • More Than Numbers: Portraits of U.S. Citizens Detained by Immigration Agents • ICE Deported Record 483,000 People in Past Year Under Trump • ICE deportations and arrests hit record high as Trump faces reckoning over immigration crackdown • ICE Says It's Deporting More Immigrants Than Ever. Many Are Actually Leaving Voluntarily • Border Crossings Have Plummeted. Stephen Miller Isn’t Satisfied
(DBN)

Lucas’ Ascent in Trump’s Orbit Points to Emulating Thomas’ Path
(DBN)

Trump's DOJ chief forced to move onto military base for protection as sinister threats against Cabinet pile up
(DBN)

Democratic Gains in Congress Complicate DOJ Leadership Amid Resignations
(DBN)

Mapped: Countries Ranked by Rule of Law in 2026
(DBN)

Majorities Favor Stricter Gun Laws, Assault Rifle Ban
(DBN)

Former Prosecutor Breaks Down Nvidia’s Legal Exposure
(DBN)

Matt Lambert ID’d as DC shooter — doctor who went berserk over HOA dispute about black mold in $1.1M apartment • DC Gym Shooter Kills His Building Manager After HOA Dispute
(DBN)

DOJ warns Dem Sen. Richard Blumenthal over probe of Trump ballroom donors • Trump in Danger as Democratic Majority Takes Aim at His Crypto Empire • Democrats open probe into top Trump fundraiser Meredith O’Rourke • Will the Supreme Court Thwart Congressional Investigations?
(DBN)

AG Todd Blanche Bucks Trump Demand to Prosecute ‘Seditious’ Six Democrats
(DBN)

Former Trump lawyer Alina Habba Mildon faces state ethics complaint
(DBN)

Maryland synagogue says gun ban violates Second Amendment rights
(DBN)

Elderly couple shot dead after daughter’s raging ex-husband broke into their home
(DBN)

Dallas rapper Yella Beezy sentenced to life in prison for hiring hit man to kill MO3
(DBN)

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Judges:

Due to the widespread Microsoft service disruption, the bankruptcy court has not been able to send or receive e-mails
(DBN)

Alito warns Congress can ‘turn off the lights’ at Supreme Court
(DBN)

Calling judge vulgar name doesn’t amount to criminal contempt, state supreme court says
(DBN)

Russell Brand judge lauded for dispelling rape myths during sentencing comments
(DBN)

Justice Thomas will teach seminar on race, equality at University of Texas at Austin
(DBN)

Richard Posner, influential and iconoclastic federal judge, dies at 87
(DBN)

What Trump cases might soon return to the Supreme Court?
(DBN)

Senate confirms “Trump-tough” judge to Alabama federal court
(DBN)

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Wall Street:

U.S. stock futures climb amid upcoming inflation data, Nvidia fallout
(DBN)

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Layoffs:

Conagra Brands to close Missouri ingredients plant, 442 jobs
(DBN)

Cumulus Media Begins Another Round of Layoffs Following Bankruptcy Restructuring
(DBN)

Pinsent Masons set to cut roles following leadership change
(DBN)

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Mail:

USPS plans 11% package fuel surcharge but no first-class stamp hike
(DBN)

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Prediction Markets:

The US Government Just Issued a Stark Warning to Kalshi
(DBN)

Kalshi in Talks For New Funding Round at $65 Billion Valuation
(DBN)

Kalshi Ends Donald Trump Jr's Advisory Contract Due to Polymarket Conflict
(DBN)

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Celebs:

Rashee Rice Bankruptcy Details Emerge; Chiefs WR Willing to Sell Super Bowl Ring • Inside Chiefs receiver Rashee Rice's $3.4M bankruptcy filing and what comes next • Surprising reality of NFL paycheck revealed after Chiefs' Rashee Rice files for bankruptcy • What Chapter 7 means for Chiefs' Rashee Rice, crash victims and his creditors
(DBN)

Dame Dash bankruptcy: Trustee is going after Warhol and Mr. Brainwash artwork
(DBN)

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Autos:

Now Mercedes is also considering plant closures in Germany
(DBN)

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Religion:

Pope Calls for an End to the “Macho Mentality”
(DBN)

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Space:

SpaceX Starship Flight 15 chases unprecedented ‘holy grail’ of rocketry. Here are the risks
(DBN)

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Agribusiness:

Arkansas farm bankruptcy filings reach 32 in 9 months, nearly matching all of 2025
(DBN)

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Sports:

The end of LIV: chronicle of a death foretold • The rise and fall of LIV Golf: How a $5 billion illusion met reality
(DBN)

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Fraud:

Ex-McHenry legion commander pleads guilty to theft while in prison for $8M Ponzi scheme
(DBN)

Ex-Advisor Facing 20 Years In $18.5 Million Fraud Case Fights Guilty Plea
(DBN)

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Freight:

Freight distress persists as logistics layoffs top 1,000, bankruptcies mount
(DBN)

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Tax:

While California’s wealth tax failed, states are taking other steps to collect more revenue from the rich
(DBN)

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Student Debt:

Treasury Moves To Hire Student-Loan Collectors After Six-Year Hiatus
(DBN)

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Banking:

FDIC Flagged 63 Problem Banks as Credit Losses and Interest-Rate Pressures Mounted
(DBN)

US Bank Overdraft Fees Jump 9% to Four-Year High, Data Shows
(DBN)

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Education:

Bankruptcy judge blocks state review of Highlands' charter revocation
(DBN)

Future of Bacone College remains uncertain as president raises questions about historic property
(DBN)

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Economy:

In a policy switch, the Fed says its October 2027 meeting will not see a vote on interest rates
(DBN)

What’s Flashing Warning Signs for Fed in Latest US CPI Report
(DBN)

U.S. October CPI Beats Forecasts as Electricity Prices Rise 0.9%
(DBN)

Hot U.S. CPI Lifted Dollar and Fed Rate-Hike Bets
(DBN)

Treasury yields log steepest weekly spikes since April 2025 on hawkish Fed signals
(DBN)

Grocery inflation rises, driven by produce and meat
(DBN)

Social Security Could Have Paid Full Benefits Until 2059—If Taxes Kept Pace
(DBN)

The biggest problem facing America's economy: not enough people
(DBN)

Global CEOs say cyber, data security tops growth risks over next three years – study
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Existing-Home Sales Decreased 5.5% in October, According to NAR Report • Home sales in October plummet to 16-year low • Home sales plummet to lowest level since ‘Great Recession’ as prices hit all-time high • NAR: Existing-Home Sales Decreased to 3.75 million SAAR in October; New Cycle Low
(DBN)

Significantly Weaker Demand for Residential Mortgages and CRE Loans in Third Quarter
(DBN)

Mortgage Rates Fall for Fourth Straight Week Despite Looming Fed Hike
(DBN)

Household Debt Delinquencies Rise as Mortgage Performance Weakens
(DBN)

Renters in an Unassuming State Got Slammed With the Biggest Rent Hike in America After Everyone Moved There
(DBN)

Death toll rises to 8 in Brooklyn building collapse as rescuers dig through rubble • Excavation Was Taking Place Next to Building in Brooklyn That Collapsed • Construction site next to fatal Brooklyn collapse previously violated stop-work order: DOB • NYC Building Collapse Exposes Gentrification Anger In Black Community
(DBN)

Public housing residents must prove immigration status under new HUD rule, possibly displacing thousands
(DBN)

Notorious graffiti towers wiped clean in downtown Los Angeles
(DBN)

Agreement reached in federal court, new management set to take over Vesta Realty apartment sites
(DBN)

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Oil/Gas:

More Drilling Won’t Shield U.S. Consumers From Oil Price Shocks
(DBN)

Oil set for second weekly loss amid easing fears of fresh U.S.-Iran fighting
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

How angry parents helped flip Texas: choosing real education over culture wars
(DBN)

Is Donald Trump trying to destroy JD Vance?
(DBN)

White House discussing Howard Lutnick's future as Commerce secretary, people familiar say
(DBN)

The Concession Call to an Election Winner Is No Longer a Given
(DBN)

‘Let’s Go!!!’ Progressives Rally Behind Push to Oust Schumer as Senate Leader
(DBN)

Don Jr. humiliated in damning 2028 poll
(DBN)

Senators to probe RFK Jr. Samoa testimony after AP and Guardian reporting
(DBN)

Why New England’s Republican Governors Withstood the Blue Wave
(DBN)

Ken Paxton Divorce Is Finalized, His Lawyer Says
(DBN)

Congressional Stock Trading Ban Makes Democrats’ Priority List
(DBN)

Hegseth humiliated as Pentagon backs guard who shushed him • Hegseth awards medal to guard who scolded him at Tomb of Unknown Soldier
(DBN)

Republican official’s fraud hunt unravels as ‘dead’ voters all turn up alive
(DBN)

Stephen A. Smith sparks press secretary rumors with White House visit
(DBN)

Can Republicans defy the open-seat trend in the 2028 election?
(DBN)

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Cannabis:

Joe Rogan Says ‘Crazy’ THC Laws Cost Republicans Texas
(DBN)

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Tourism:

Mexican Tourism to the US Defies Trump-Era Decline
(DBN)

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Healthcare:

Hospitals, Families Face Tough Choices From ACA Tax Credit Cuts
(DBN)

Alabama sends Jackson Hospital $40M for capital expenses as it emerges from bankruptcy
(DBN)

Chart: U.S. Measles Cases See Massive Surge
(DBN)

5 independent practices sold to health systems, 1 out of bankruptcy
(DBN)

45 hospital M&As finalized in 2026
(DBN)

From ACA subsidies to insurer oversight, Democrats’ healthcare agenda takes shape
(DBN)

AdventHealth faces rural care’s ‘no new money, less old money’ reality
(DBN)

CMS extends nationwide freeze on new hospice, home health providers
(DBN)

Private equity owns nearly 12% of US private hospitals, new report finds
(DBN)

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Food/Beverage:

Papa Johns franchisee files for Chapter 11 bankruptcy
(DBN)

Duty-free airport alcohol supplier collapses in bankruptcy after 21 years
(DBN)

Classic fast-food burger chain drops new menu fans say is 100 times better than McDonald's — despite recent bankruptcy filing
(DBN)

Heavy Seas Beer says it’s staying open after bankruptcy filing
(DBN)

Salmon processor files for bankruptcy, 300 jobs at risk
(DBN)

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Tech:

Character.AI’s Bankruptcy Chat Data Sale Is Privacy ‘Nightmare’
(DBN)

Jensen Huang’s Icarus Complex • Jensen Huang Resigns From Nvidia After Affairs • US DOJ: No Conclusion on Alice Huang Chinese Spy Allegations Yet • Alice Huang connected to Nvidia’s Chinese competitor Huawei • Banned Nvidia Chips Installed at China Data Center Linked to Alice Huang • Businessman who introduced Jensen Huang to mistress was actually her husband • Who is Colette Kress, Nvidia's interim CEO after Huang steps down • The Ultrafast Fall of Jensen Huang • Jensen Huang built Nvidia into a behemoth. His resignation puts the entire AI boom in jeopardy. • 'I'm a Piece of Sh*t:' Jensen Huang's Final Hours at Nvidia • The $1 trillion question facing Nvidia and Jensen Huang: Who lied to whom? • Jensen Huang Slammed Nvidia Exec Who Replaced Him As a ‘Deer in the Headlights’ • Trump Reportedly Pressed Jensen Huang to Stay at Nvidia as Scandal Spiraled • Chinese university bought advanced Nvidia chips despite US curbs • Jensen Huang’s exit from Nvidia raises critical questions about the future of AI • ‘Whatever', ‘I don’t care’, ‘I’m a piece of sh—’: Jensen Huang's last hours at Nvidia were filled with despair • Ousted billionaire CEO Jensen Huang had third affair as Nvidia loses $500bn over sex scandal that included Chinese spy • Jensen Huang’s exit tests Nvidia’s role as the ‘central bank of AI’ • Jensen Huang built Nvidia into a behemoth. His resignation puts the entire AI boom in jeopardy. • Kalshi traders speculate Nvidia’s Ian Buck will replace Huang as CEO • Nvidia stock falls nearly 10% as CEO Jensen Huang announces resignation • How Jensen Huang’s Nvidia exit could test $500 billion AI financing push • ‘A dark day for Nvidia’: Here’s what analysts have been saying about Jensen Huang’s departure • Jensen Huang Basically Lit More Than $1 Trillion on Fire in Less Than a Month • It’s a Really, Really Bad Day for Nvidia • Jensen Huang Has Been Sacked by Nvidia. Elon Musk Says He'll Hire Him • Singapore Says U.S. Not Helpful on Investigation Into Suspected Spy’s Company • Here’s what Nvidia interim CEO Colette Kress and board chair Harvey Jones wrote to Nvidia employees • Nvidia: Ex-prosecutor Joon Kim and Wachtell, Lipton bring big track record to investigation • Jensen Huang's exit rocks Nvidia and creates openings for rival companies in AI boom • Jensen Huang’s net worth drops $10 billion as Nvidia stock slides • GOP lawmakers negotiating for Jensen Huang to appear before Congress after Nvidia exit • Jensen Huang Exit Sets Up US-China Showdown Over AI Chip Curbs
(DBN)

OpenAI Is Sustaining Enormous Losses
(DBN)

Anthropic's IPO is about six times oversubscribed • Forget Nvidia. Anthropic Is the AI Trade’s Litmus Test
(DBN)

Microsoft Says It's Working To Fix Outlook, Copilot Outage • ‘Encouraging recovery progress’ in global outage that has impacted millions
(DBN)

CFOs confront cash-flow risks as AI costs rise
(DBN)

SoftBank Loses $7 Billion as AI Data Centers Turn Out to Be Risky Investment
(DBN)

OpenAI, Anthropic Valuations Fuel VC Fears of Startup Correction
(DBN)

MSFT outage hits Outlook. AWS, Google reports issues
(DBN)

While many Americans resist, China embraces AI data center boom
(DBN)

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Coal:

As coal burn declines, rising power demand will be primarily met by renewables: EIA
(DBN)

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  New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (10 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Opioid settlement money is helping fight homelessness. Some fear blurred lines.
(DBN)

Pope in Peru says Church must make 'amends' to abuse victims
(DBN)

Wall Street’s Quest for Profit Amid Corporate Mass Tort Liabilities: A New Investment Frontier – Legal News Feed
(DBN)

Embracing Change: Adam Silverstein’s Journey to Leadership in Mass Tort Bankruptcy Practice
(DBN)

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Bankruptcy Reform:

Can Subchapter V’s Increased Debt Limit Save In-Court Business Reorganizations?
(DBN)

U.S. Senate bankruptcy bill restores debt limits for small businesses and families
(DBN)

Grassley-Durbin Bankruptcy Law Supports Small Businesses and Families
(DBN)

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Settlements:

Obtaining Settlement Approval Through Subchapter V Plan Confirmation (Reed v. Alecto—Part 3)
(DBN)

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Advisors:

MACCO Restructuring Group Adds Two Managing Directors and Senior Financial Analyst as Firm Builds Bench for Larger Engagements
(DBN)

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Aviation:

Google agrees to privacy safeguards in Spirit Airlines data deal
(DBN)

Wizz Air profit falls 67% as fuel costs and Middle East disruption bite
(DBN)

AlbaStar suspends flights and plans insolvency filing as two more European charter operators fail in a week
(DBN)

Singapore Airlines Profit Falls 43.9% as Fuel Costs Climb
(DBN)

Malaysia Airlines calls for fair AirAsia aid rules
(DBN)

Brand new passenger jet makes emergency landing after toilet disaster
(DBN)

BRC Aircraft to Sell Murphy Aircraft Parts in 2027
(DBN)

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Crypto:

Bitcoin sinks below 70k, set for deep weekly loss as crypto appetite sours
(DBN)

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Climate:

Urgent climate finance pleas at COP31 face a non-urgent response
(DBN)

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Wind Energy:

How Trump’s War on Offshore Wind Upended a “Limitless” Future for Thousands of New England Workers
(DBN)

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Retailing:

Children’s Place closing all its stores in Chapter 11 bankruptcy
(DBN)

Family Dollar Reaches $63 Million Settlement With FTC, 17 States Over Customer Overcharges
(DBN)

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Sovereigns:

Sri Lanka budget faces post-IMF test as energy costs bite • Sri Lanka Budget Targets Growth With IMF Bailout Nearing End
(DBN)

Poland loses luster as debt woes rise on political tumult
(DBN)

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UK:

Poundland files to delay UK insolvency as it finds a rescuer • Poundland secures more time to find buyer as rescue talks continue • Poundland: Private Capital, Public Expectations
(DBN)

La Perla: When there is no rulebook
(DBN)

HMRC Gets a Power-Up: Will You Be Ready?
(DBN)

Woodville's £249 million litigation funding book comes under scrutiny
(DBN)

What Torsion's collapse reveals about the margin problem in construction companies
(DBN)

The license will keep you out of prison. It will not tell you what to pay: VTB v HM Treasury for officeholders
(DBN)

Council ‘brought back from brink of bankruptcy’, leader claims
(DBN)

Consumer lending late payments rise by 24%
(DBN)

Economy grows by 0.7% – industry reaction • AI fuels fastest economic growth in two years
(DBN)

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Canada:

Rural internet service provider Xplore granted creditor protection
(DBN)

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MENA:

Netanyahu’s January 6 Moment
(DBN)

Trump Says He’s Pulling Vance Off Iran Talks to Focus on Fraud Campaign
(DBN)

Trump says ‘we don’t need a deal with Iran’
(DBN)

US CENTCOM warns Israel to 'prepare for Iran war resumption' as Middle East on brink
(DBN)

Four tankers struck by explosions in Strait of Hormuz, Iran says
(DBN)

Israeli strike on Gaza hospital kills at least 6, including doctor and child, Palestinian officials say • As deadly storms flood Gaza's tent cities, the displaced fear a worse winter
(DBN)

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Germany:

Insolvencies in Germany rise in August
(DBN)

Comfort Letters As A Tool For Crisis Prevention
(DBN)

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Paraguay:

Paraguay bank crisis drains life from bustling market • Paraguay Presidential Residence Raided In Bank Probe
(DBN)

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Brazil:

Banco do Brasil Blames Farm Loan 'Moral Hazard' for Profit Collapse
(DBN)

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Russia:

In Moscow, Witkoff and Kushner Ask Putin to Include Europe in Peace Talks
(DBN)

Russia Faces Record Casualties on the Front Lines During a Bloody November
(DBN)

Putin Orders Sanctioned Russian Bank Seize UK Brokerage Assets
(DBN)

Ukrainian drone strikes Russian warship in Gulf of Finland
(DBN)

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South Africa:

Insolvency practitioners: Why AI could be your best new assistant but will never replace you
(DBN)

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Netherlands:

Business bankruptcies up 27% on a year earlier in October
(DBN)

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Cuba:

Donald Trump ready to unleash military to 'get Cuba done' before leaving office
(DBN)

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Australia:

What will a David Jones insolvency look like?
(DBN)

APRA Deepens Scrutiny of AI and Private Credit Risks
(DBN)

ASIC Review Finds Restructuring Plans Mostly Succeed
(DBN)

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Japan:

Japan’s private universities face a demographic reckoning
(DBN)

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Serbia:

Government fiercely criticized for greenlighting Alta Bank into the market
(DBN)

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India:

IBBI can't say how many big personal insolvency plans ended in deep haircuts & says it won't compile the data
(DBN)

Personal Insolvency Framework in India: The Venugopal Dhoot Bankruptcy Case
(DBN)

Builder insolvency delays your flat possession? Know how the new IBBI amendment can protect homebuyers
(DBN)

A ‘spoke in the wheels’ of India’s debt market? What the Supreme Court’s ruling in ECL Finance means for lenders’ protective rights
(DBN)

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