August 18, 2026

The Daily Bankruptcy News

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Law:

Big Law Demand Soars on M&A Revival as AI Drives Up ExpensesBig Law Firms See 'Rare' Demand Growth, but Expenses Accelerate
(DBN)

Cooley’s Business Czar Navigates AI Deals ‘Unmoored’ to Numbers
(DBN)

Hackers Have Found Big Law's Weakest Point: You
(DBN)

Clifford Chance Fires Back at Ex-Partners in $5.8 Million Suit
(DBN)

Biglaw's Embrace of Contingency Litigation
(DBN)

Restructuring & Insolvency Practice continues expansion at Squire Patton Boggs
(DBN)

AI Is Giving Legal Departments More Reasons to Keep Work In-House
(DBN)

The Justice’s Name Came Off The Door, But The Biglaw Firm Is Still A Powerhouse.
(DBN)

A Tribute, Or A Tactic? The Lindsay Clancy Prosecutor’s Hair Bows Could Backfire
(DBN)

Lawyer Disbarred After Suggesting Colleague Be Sent To ‘Mental Asylum’
(DBN)

Ex-San Antonio lawyer Chris Pettit pleads guilty again, faces up to 24½ years under deal
(DBN)

The Temptation And Corruption Of Andrew Boutros
(DBN)

Why Britney Spears, FKA Twigs, And Selena Gomez All Trust The Same Biglaw Lawyer
(DBN)

‘Unending nightmare’: L.A. family details 120 days in ICE detention in TexasU.S. citizen teens left behind when ICE deported their parentsArmed ICE agents tried to enter Sacramento immigration law firm 72-year-old woman says she was hit with pepper spray while recording ICE agents in ManhattanCBP chief halts construction in Big Bend National ParkTrump gets big win in court as judge allows him to bulldoze Native American land
(DBN)

Sixth Circuit rejects religious law firm’s suit over hate group label
(DBN)

Even Trump’s Own Judges Agree: Sigal Chattah Isn’t A Real U.S. AttorneyAppeals Court Rejects Trump’s Strategy of Picking U.S. AttorneysCourt turns down Trump admin 'tactics' that propped up 'not lawfully appointed' loyalist
(DBN)

New stop-sign cameras begin issuing warnings
(DBN)

Blanche: Congress has already approved White House ballroom project
(DBN)

Steaming Trump puts screws to Jeanine Pirro over DC 'vandals': 'Go back to law school!'
(DBN)

Remains discovered near Nancy Guthrie’s home not connected to case ‘at this time’: report
(DBN)

Woman spent years terrorizing her own family with rape and death threats: Police
(DBN)

13 Penn State frat bros busted in cocaine trafficking ring—including Long Island student at ‘top of the food chain’
(DBN)

Husband shot wife in back of head, tried to tell authorities she'd just 'fallen': Police
(DBN)

3-year-old girl beaten to death by babysitter who was potty training her: Cops
(DBN)

Man seeking revenge for cousin's death shoots up wrong car, killing driver out for a ride
(DBN)

Walmart worker tells 'armed friends' to take out shopper who 'glared at him' wrong: Suit
(DBN)

Man propped up dead wife in passenger seat and drove through several states: Police
(DBN)

Man killed ex-lover's siblings and their significant others while they slept, torched home
(DBN)

Drunk couple arrested after allegedly attacking family and punching their 9-year-old in cruise ship cabin: cops
(DBN)

Couple 'jointly' planned to kill their 4 kids after dad cut people out of his life: Cops
(DBN)

Wilson dismantles Owens's conspiracy claims in Charlie Kirk debate
(DBN)

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Judges:

Supreme Court turns away Trump’s latest bid to block E. Jean Carroll awardTrump's demand for redo in E. Jean Carroll case flops without explanation at SCOTUS
(DBN)

Trump DOJ shamelessly goes after judge’s daughter
(DBN)

Prosecutors drop sweeping demands for Biden and Harris records in Trump judge inquiry
(DBN)

Justice Clarence Thomas Says He’s Not Welcome At Stanford Law, But The School Says Otherwise
(DBN)

Judge Rules Trump Administration Can’t Scrap F.B.I. Move to Maryland
(DBN)

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Wall Street:

Stock futures move lower after Wall Street starts the week with losses
(DBN)

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Climate:

Nation’s Largest Reservoirs Are Drying Up, Threatening Life in the Southwest
(DBN)

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Tax:

Californians divided on billionaire tax, new poll shows
(DBN)

“Insolvency and Wage Garnishment for Life”: Bill Ackman’s Brutal Take on California’s Tax Proposal
(DBN)

Mark Cuban blasts California tax proposal, says he won’t bring new companies to the state if it passes
(DBN)

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Prediction Markets:

Election Officials Prep for Prediction Markets to Sow Chaos in Midterms
(DBN)

Prediction Markets Face New Threat in Consumer Protection Suits
(DBN)

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Healthcare:

Jackson Hospital, BCBS Alabama agree to new reimbursement ratesJackson Hospital, Blue Cross Blue Shield reach deal to keep hospital open
(DBN)

Federal judge holds off on dismissing formerly bankrupt medical contractor from Jeffco jail death lawsuit
(DBN)

Drugmakers uninterested in Trump’s order to split up MMR vaccine
(DBN)

More U.S. Parents Opting Children Out of Vaccine Requirements, C.D.C. Reports
(DBN)

Cyclospora outbreaks with no confirmed sources grow: FDA
(DBN)

Health insurers are dropping Medicare Advantage plans — many older Americans will be affected
(DBN)

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Sports:

LIV Golf finally admits Team Championship is canceled
(DBN)

Jeanie Buss opposes Lakers stake sale to Bob Iger, Joshua Kushner
(DBN)

LIV Golf contractors owed up to $100k as bankruptcy theory emerges
(DBN)

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Tech:

Judge nixes Meta's attempts to quash star witness, key evidence out of upcoming child-safety trialMeta faces state AG trial over child safety claimsNew Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial
(DBN)

AI hasn’t gone rogue. It’s worse than that
(DBN)

The A.I.s Are Already Out of Control
(DBN)

AI: like a debt machine
(DBN)

Taxing AI to Help Workers Sounds Good, But Public Deserves More
(DBN)

Half of businesses say AI has created new jobs
(DBN)

Amazon Caught Destroying Rare Books to Train AI
(DBN)

US tech stock correction likely, warn ECB economists
(DBN)

Anthropic tells investors annualized revenue run rate climbed to $65 billion in July
(DBN)

Bill Gates predicts which jobs AI will erase (and the 5 it won't touch)
(DBN)

The new AI super-rich are reshaping the market for jets, yachts and cars
(DBN)

Texas county rescinds data center ban a week after developer's lawsuit
(DBN)

AI has plunged the book publishing industry into utter chaos
(DBN)

The Powerful Chinese Model Experts Warned About—and Waited for—Is Here
(DBN)

Internet-Connected Pet Feeders Go Down, Leaving Kitties Hungry
(DBN)

The Economy Has Spoken: Stuff That’s AI-Generated Has Almost Zero Value
(DBN)

Antitrust attacks start to bite into Apple’s $100bn services business
(DBN)

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Retailing:

Grocery Outlet closes 12 stores after expanding too fast
(DBN)

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Fraud:

Why corporate corruption is so common
(DBN)

DOJ Rule Expands Fraud Division Powers, Restrains Criminal Chief
(DBN)

Pump-and-Dump Securities Suit Filing Trend Continues to Build
(DBN)

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Economy:

US manufacturing activity hits 4-year high, manufacturing employment hits near 3-year high
(DBN)

Most consumers save no money as inflation erodes buying power: EY
(DBN)

Donald Trump’s deregulatory drive will cause another financial crisis
(DBN)

Fed Chairman Kevin Warsh believes the $700B AI buildout will lower prices — but most of his colleagues warn it could fuel persistent inflation
(DBN)

Foreign holdings of US Treasuries fall in June, led by Japan, UK, China, data shows
(DBN)

Bonds Face a Bigger Threat Than the Fed as Global Rates ClimbGlobal bond sell-off deepens amid fears over inflation and AI issuance
(DBN)

Treasury yields rise as oil gains and U.S.-Iran tensions fuel inflation fears
(DBN)

What rising Treasury yields are telling us
(DBN)

Bank of America says US K-shaped economy is converging
(DBN)

30-year Treasury yield tops 5.31%, the highest in 19 years
(DBN)

Borrowing costs surge to multi-decade highs across the West
(DBN)

July CPI data contrasts with Trump’s claim that costs are falling
(DBN)

Economists' worst fears realized as Trump creates 'possibly permanent' new era: expert
(DBN)

More than 7 million US jobs remain open as healthcare vacancies take a sharp hit
(DBN)

The size of the American workforce has fallen by over 1 million people in the past year. Here’s what’s going on.
(DBN)

Canada races to avoid new U.S. tariffs of up to 50%Mark Carney in last-ditch effort to avoid Donald Trump’s latest tariffs
(DBN)

Baby boomers are 'being set up' for the rug pull of a century: Robert Kiyosaki warns a generation will end up homeless
(DBN)

The world’s most influential economist is oddly unconvincing
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Federal Court Dismisses Bankruptcy Case Over Misuse of Chapter 11 by Real Estate Law Firms, Emphasizing Good Faith Requirement
(DBN)

Aging Californians aren't leaving their longtime homes. It's worsening the housing crisis
(DBN)

Morgan Stanley's troubling housing forecast is playing out now
(DBN)

Dave Ramsey's blunt warning about the housing market that nobody wants to hear
(DBN)

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Oil/Gas:

TX: "We ask data centers to bring their own power", "Why can't the Permian Basin pay for it themselves?"
(DBN)

US gas prices reach highest ever recorded for August amid stalled talks with Iran
(DBN)

U.S. Shale Majors Cut Spending Despite Higher Oil Prices
(DBN)

Petrochemical Giant Braskem Idesa Files for Chapter 11 Bankruptcy to Shed $920M Debt
(DBN)

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Food/Beverage:

Bankrupt Italian chain shuts 50 restaurants, exits state entirely
(DBN)

Americans are ditching lettuce at record rates
(DBN)

Record Ground Beef Prices May Finally Be Breaking Consumer Demand
(DBN)

One American dinner staple faces a historic shortage with no quick fix
(DBN)

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Celebs:

Why Colorado, Deion Sanders Can Handle Distractions of Shilo Sanders' Bankruptcy TrialWhy is Deion Sanders suddenly terrified of reporters? He's now legally forced to testify, and his program just went silent'I'm Just Recognizing That is a Potential Issue' — Colorado Judge Sounds The Alarm as Deion Sanders Is Subpoenaed in Son's Bankruptcy Battle
(DBN)

Mark Walter’s empire of assets and liabilities
(DBN)

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Politics:

Tracking approval and key issuesCNN data guru reveals Trump’s collapse with key groupHumiliating poll shows that the situation in Trump’s administration has gone from bad to worseTrump approval falls to 33%, lowest of his presidency
(DBN)

House leaders Johnson, Jeffries issue rare bipartisan rebuke over Florida candidate Dan Bilzerian's vile antisemitism
(DBN)

Trump says White House needs 'military complex' as courts block his ballroom Trump says people opposed to ballroom are disloyal to country
(DBN)

Navy reviews moving aircraft carrier islands to meet President Trump requests
(DBN)

The Wrong Kind of American: The Trump White House needed me—until the fact that I am trans became public
(DBN)

Ken Paxton suffers massive new blow as investigation blows lid off dubious voting fraud crusade
(DBN)

Trump rips Fox News anchor Shannon Bream: ‘Beyond redemption’
(DBN)

Melania Trump keeps a much lower public profile in her second term as first ladyNot seen for 25 days as she skips 2 major DC events
(DBN)

Donald Trump's favorite aide returns to White House after weekend away with presidentTrump ridiculed over relationship with 35-year-old blonde female aide... as whispers grow about her grip on his White House amid Melania's absenceTrump companion’s extreme efforts to remain by his side revealedTrump explodes at CNN reporter after question about young blonde aideTrump’s Harp-throb
(DBN)

Top admiral praises USS Lincoln crew after reports of worsening conditionsDemocratic lawmakers demand answers from Hegseth on USS Abraham LincolnNeglected troop welfare risks failure in the Iran warTrump calls concerns about conditions on USS Lincoln 'fake'Trump’s defense secretary calls reports from US sailors “misrepresented” then a senator fires back - “Every single word is true”
(DBN)

Jon Ossoff’s takedown of Trump reveals two very different versions of AmericaJon Ossoff targets President Trump over Iran war claimsNo, Ossoff won't run for president in 2028. Would he have a chance?White House fires back at ‘theater kid’ OssoffWhile the sailors on the Lincoln fight his warOssoff Says Trump Promise to Lower Prices 'Was All a Lie' - 'Crook president and his crook family raked in billions'
(DBN)

Hegseth to go to Iowa today to campaign for GOP candidates, sources say
(DBN)

Democratic senator: Trump’s praise of North Korea is ‘delusional’
(DBN)

Eric Swalwell confessed to sex with suspected Chinese spy'Sleeper' agent Suspected Chinese honeypot Fang Fang solicited illegal campaign donations for Eric Swalwell, FBI foundFBI stumbled across Eric Swalwell’s affair with Chinese spy Fang Fang when agents tried to recruit her: docs
(DBN)

New Senate winners vow to reject Schumer as Democratic leader
(DBN)

House Ethics investigating Rep. Jimmy Gomez
(DBN)

Mamdani delivers on his promises. Republicans hate it.
(DBN)

Nancy Pelosi is leaving Capitol Hill. Her team is still calling shots.
(DBN)

A California County Eyes a New Hire: Tina Peters, the Election Denier
(DBN)

____________

Student Debt:

Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans
(DBN)

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Private Equity:

CD&R’s lenders toughen stance after contentious Multi-Color bankruptcy
(DBN)

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Agribusiness:

Are US Farm Bankruptcies About to Emerge Again?
(DBN)

Which FSA Farm Loan Borrowers Filed Bankruptcy between 2015-2025?
(DBN)

____________

Crypto:

Crypto Miner Vulcan Warns of Bankruptcy Risk as $33M Debt LoomsVulcan financing: $33.1M debt wall hinges on PIPE
(DBN)

____________

Sports Venues:

Future Legends lender alleges delay tactics with bankruptcy filing
(DBN)

____________

Solar:

‘We never saw this coming:’ Solar panel installers’ bankruptcies leave Central Florida homeowners in the dark
(DBN)

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Electricity:

Omnis Pleasants owners fight to wrest control of Pleasants Power Station
(DBN)

____________

  New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (25 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Bankruptcies are surging — here are 7 reasons that's not the disaster you think
(DBN)

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Bankruptcy Strategy:

Years in restructuring taught me distressed businesses aren't failures
(DBN)

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Cross-Border:

Mexico's Braskem Idesa files for bankruptcy in US to reduce debt
(DBN)

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LMEs:

Creditors Amp Up Legal Battle With Puerto Rico Cable Company
(DBN)

____________

Inadvertent Disclosure:

The Many Faces of Inadvertent Disclosure
(DBN)

____________

MA:

CA: Local parishes may lose project funds amid diocese's bankruptcy
(DBN)

____________

Trustees:

American Efficient: PJM Moves for a Chapter 11 Trustee
(DBN)

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Advisers:

Hilco Global Taps Former McKinsey, Alvarez Restructuring Vet
(DBN)

____________

Aviation:

Google Aims to Boost AI With Purchase of Spirit Airlines DataGoogle wins $10 million Spirit Airlines data auction for AI trainingSpirit Airlines Is Dead, but Its Data Will Haunt Google’s Servers for Generations to Come100mn emails, 500mn messages, codes, and more: Everything Google will get from Spirit AirlinesEven Emails and Internal Chats of Bankrupt Firms Are Valuable
(DBN)

‘Wasting Court’s Time’: NCLT Pulls Up SpiceJet as Insolvency Case Takes New Turn
(DBN)

Airlines in ‘stand-off’ over price cuts as jet fuel costs ease
(DBN)

____________

Private Credit:

Private credit under strain as troubled loans swell
(DBN)

Blackstone, Blue Owl Funds Upsize Bond Sales After Third-Quarter Lull in Private Credit Issuance
(DBN)

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Consumer Finance:

‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent
(DBN)

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Assisted Living:

Genesis Healthcare: Section 364(e) Reaches DIP Releases
(DBN)

NY nursing homes urge Trump to preserve legal status for Haitian workers: ‘Unintended consequences’
(DBN)

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Construction:

SpaceX questions $1.8M in transfers in San Antonio contractor's bankruptcy
(DBN)

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Autos:

US auto loan borrowing hits a record $211 billion as Americans keep buying cars
(DBN)

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Entertainment:

Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay
(DBN)

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Education:

Kentucky Middle School Sends Students Home on First Day of Class With AI-Generated Educational Materials Full of Inexcusable Hallucinations, Including a Map Labeled With “North Dahota” and “Olkchoma”
(DBN)

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Sovereigns:

IMF Conduct Capacity Building Work on Total Return Swaps
(DBN)

____________

UK:

27% annual jump in people taking out IVAs in July across England and Wales
(DBN)

The UK is going the wrong way about protecting pubs
(DBN)

____________

MENA:

Kushner, Netanyahu agree U.S. general should oversee Hamas ‘demilitarization,’ Israeli official saysKushner urges Netanyahu to test Hamas disarmament in Gaza
(DBN)

Violent Israeli settlers want to provoke a Palestinian uprising
(DBN)

The 60-day deadline for an Iran peace deal is expiring. Here’s where things stand.
(DBN)

Trump says US has ‘total control’ in Strait of HormuzTrump’s rosy Hormuz claims collide with tanker dataTrump has a problem: Iran is ready to go ‘fully offensive’ and expand the war well beyond HormuzGulf states establish covert oil network to bypass Strait of HormuzAs Iran Truce Expires and Options Shrivel, Trump Lashes OutTrump says US won’t extend Iran MOU as 60-day deadline for peace talks expiresCrude outlook US Navy blockade has caused Iran’s oil exports to crater — and could finally destabilize regime: expert
(DBN)

Dems plan Oman war powers push after Trump threatens bombing
(DBN)

Russia is shipping explosives to Iran to bolster its missile and drone arsenal in U.S. war
(DBN)

How Turkey Is Making A Bid To Bring Back A Modern Ottoman Empire
(DBN)

____________

India:

Byju’s resolution professional seeks 90-day extension to resolve insolvency
(DBN)

____________

Russia:

Russian state economist fired after stark warning about Moscow’s economic future
(DBN)

Second wave of fuel shortages at gas stations sweeps across Russia
(DBN)

Putin just got handed the bill for his invasion of Ukraine: Missiles and drones seem like they can hit any part of Russia now
(DBN)

Ukrainian Magura naval drones to be produced in US
(DBN)

Russia builds secret drone bases in striking distance of NATO
(DBN)

Putin gathers warships with hypersonic missiles in Baltic Sea amidst warning 'Vlad is set to attack NATO in weeks'
(DBN)

____________

China:

The global stakes of China's slowdown
(DBN)

China’s Private Sector Crisis: CCP policies fuel bankruptcy wave
(DBN)

Crumbling into disarray: Xi warns global order is fracturing as US-China tensions threaten markets
(DBN)

‘Not worth the squeeze’: global private equity makes zero deals in China
(DBN)

____________

Australia:

Small business restructuring proposals face greater ATO scrutiny, with insolvency firm urging directors to prepare thoroughly before seeking a second chance
(DBN)

____________

Brazil:

Casas Bahia Files for Bankruptcy Protection After Billion-Real Loss, Shares PlungeCasas Bahia Files for Bankruptcy Protection as High Rates Pressure Retailers
(DBN)

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Japan:

TSR survey: 14.8% fault banks over Zentoshin bankruptcy
(DBN)

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Venezuela:

Trump’s Venezuela Fixer Is Promoting ‘America First’ Oil Deals
(DBN)

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South Korea:

South Korea PF arrears surge to decade high as construction slump deepens
(DBN)

South Korea must brace for ‘worst-case scenario,’ President Lee says, as Trump cuts military drillsSeoul rattled by threat to drills at heart of US-Korean allianceDonald Trump further undermines trust in American alliances
(DBN)

____________

Ghana:

Lead law reform — Deputy Attorney-General to insolvency practitioners
(DBN)

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