January 28, 2026

The Daily Bankruptcy News

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Law:

Meet The Elite Biglaw Partners Who Bill $4,000 Per HourAs lawyer rates surge, US firm charges $4,000 an hour for top partners
(DBN)

EO-Targeted Law Firms Clash With DOJ Over Appeal Proceedings
(DBN)

Summer program recruiting starts early, moves faster, stems from employer, new NALP study shows
(DBN)

Law Firm Must Face Bias Lawsuit Over Rescinded Job Offer to Pro-Palestinian Lawyer
(DBN)

Why Firms Can’t Afford To Ignore Working Parents
(DBN)

Trade Court for Trump Tariff Fights Wants Suit Funders Revealed
(DBN)

Advice From ‘Marty Supreme,’ Getting A Handle On A Fast-Growing Nonlegal Career Path, And Paris Checking In
(DBN)

Firm-Owned Plane Crash Leaves No Survivors; Founder’s Wife, An Attorney, Among Deceased
(DBN)

Torts Professor Who Botched COVID Prediction Suddenly Expert On Birthright Citizenship
(DBN)

AI Notetaking Poses Wiretapping, Discovery, and Ethical Pitfalls
(DBN)

Firms may have to embrace changes in billing methods to succeed, new report says
(DBN)

Legal Writing: Should the bottom line be up front? Only with context, Bryan Garner says
(DBN)

Scammers solicit gift card purchases posing as district attorney
(DBN)

California State Senate bill aims to limit lawyers’ use of AI
(DBN)

Florida Bar appeals discipline report for lawyer who sued Gov. DeSantis
(DBN)

As deadline looms, California bar will research 2 exam options
(DBN)

A 'Bitter Pill' for litigator in West Virginia opioid case
(DBN)

Trump Holds 2-Hour Meeting With Noem Amid Backlash to Minneapolis ShootingKristi Noem’s Reckless LiesJeffries says Democrats will move to impeach Noem if Trump doesn't fire herTrump Throws Greg Bovino Under the Bus: ‘He’s an Out There Kind of Guy’ — ‘Maybe It Wasn’t Good Here’ ICE Unloads: Immigration officers speak outOne person in critical condition after being shot in incident involving Border Patrol in ArizonaGun rights groups blast Trump over Minnesota responseEven Trump doesn't agree with Stephen Miller's wild 'assassin' claim for slain nurseTrump says ‘we’re going to de-escalate a little bit’ in Minnesota after Alex Pretti killing No civil rights probe in Alex Pretti’s death as FBI turns over all evidence to DHS: reportTikTok users say they can’t upload anti-ICE videos. The company blames tech issuesMeta Is Blocking Links To ICE List on Facebook, Instagram, and ThreadsHeads of immigration agencies set to testify to Congress in FebruaryICE and America’s flailing autocratIn 16 shootings since July, no DHS officers have faced chargesICE Set to Have Security Role During Winter Olympics in Italy, Prompting Uproar‘A militia that kills’: uproar in Italy over ICE security role at Winter OlympicsUS state lawmakers push to allow lawsuits against ICE agentsTrump's immigration crackdown is unconstitutional 'shakedown': Minnesota4-year-old shot herself in the head with gun that was not stored properly: Prosecutors
(DBN)

Florida US Attorney at Risk of Sanction Over Immigrant Detention
(DBN)

Chuck E. Cheese Gets Plea Deal In Felony Case
(DBN)

Casey's employees sprang into action after gunman came in and shot 2 cops
(DBN)

Mom's charge upgraded for coaching son to 'get angry' and kill girlfriend found in bin: DA
(DBN)

'Mommy was sleeping': Man killed wife, left body in kitchen with kids for days, police say
(DBN)

Teen stabbed buddy for 'intentionally' spilling beer on his phone while cooking fish: Cops
(DBN)

Prison staff told inmate 'why don't you just kill yourself' before suicide: Lawsuit
(DBN)

Elderly man out for a walk gets stabbed after he 'made eye contact' with a random stranger
(DBN)

Man uses rock to rob Taco Bell, chases employees around parking lot
(DBN)

11-year-old sitting inside home with family shot to death in Snapchat meetup gone wrong
(DBN)

Man says he dismembered pregnant sister, left pieces of her on neighbor's steps
(DBN)

Teen going to prison thanks to his pal describing in journal how they stabbed man 22 times
(DBN)

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Judges:

US judiciary may not be able to fully maintain operations past Feb. 4 in government shutdown
(DBN)

Bankruptcy Judge Criticizes Defendant’s Discovery Noncompliance, Highlighting Legal Obligations
(DBN)

Judge’s Side Hustle’s Pretty Successful
(DBN)

Paul Clement’s Cook Argument Is a Master Class in Oral Advocacy
(DBN)

The Supreme Court’s Unanimous Decisions Are Obscuring the Bigger Fights to Come
(DBN)

Minnesota judge summons ICE leader to court, threatens contempt sanctionsMinnesota's chief federal judge demands ICE leader appear in court or face contemptMinnesota’s chief judge, a veteran in conservative legal circles, takes on ICEMinnesota Chief Judge in ICE Fight Seen as Steady ConservativeBush-Appointed Federal Judge To ICE: Comply With Courts. ICE: You’ve Got Us There!
(DBN)

Judges, inundated with immigration cases, don’t mince words on ICE tactics
(DBN)

8th Circuit nixes lower court's injunction on ICE tactics against Minnesota protesters
(DBN)

Judge Gives Trump’s ‘Of Course I Can Bulldoze The East Wing If I Wanna’ Argument The Side-Eye It Deserves
(DBN)

Michigan Federal Judge Awaiting Drunken-Driving Trial
(DBN)

Washoe court reviews cases tied to judge, lawyer in sexual relationship
(DBN)

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Wall Street:

S&P 500 closes at a record Tuesday as tech giants rally
(DBN)

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Layoffs:

WaPo staffers beg owner Jeff Bezos to spare their jobs
(DBN)

Amazon plans to cut 16,000 jobs as AI competition heats up
(DBN)

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Sports:

Grand slam track made just $1.8M while racking up $40M in debt
(DBN)

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Private Credit:

Apollo took loss on zeroed out asset-backed loan deemed safe
(DBN)

The Collision of Asset-Based Lending and Governance Failures
(DBN)

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Celebs:

Ye, Formerly Kanye West, Talks About His WSJ Apology AdvertisementKanye West might regret being a Nazi, but the damage is done
(DBN)

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Healthcare:

Confidential Memo Outlines Plan to Save CharterCARE Hospitals by Merging Them Into Brown Health
(DBN)

Humana, UnitedHealth plunge 20% after Trump administration proposes keeping Medicare Advantage rates flat
(DBN)

Why 31,000 Kaiser Permanente Workers Are Striking — Again
(DBN)

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Entertainment:

Filing Alert: Urban Air Adventure Park Operator Chapter 11
(DBN)

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Autos:

Luminar receives a larger $33M bid for its lidar business
(DBN)

Mercedes CEO rebuffed Lutnick’s pitch to move headquarters to US
(DBN)

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Logistics:

Filing Alert: Paladin Capital Chapter 11
(DBN)

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Economy:

The market thinks BlackRock’s Rick Rieder will be the next Fed chair. Here’s what’s at stake
(DBN)

Consumer Confidence Drops to 12-Year Low
(DBN)

Dollar Tumbles After Trump Says Not Concerned with Its DeclineTrump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend
(DBN)

Stung by Trump, America’s Top Trading Partners Cozy Up to ChinaAs Trump shuffles global order, UK prime minister heads to BeijingCarney rolls his eyes at US Treasury secretary, says he told Trump he meant what he said at DavosTop US trading partners pledged to invest $5 trillion in America. These researchers have doubts.
(DBN)

Top US trading partners pledged to invest $5 trillion in America. These researchers have doubts.
(DBN)


A crackdown on immigration is leading to a sharp drop in U.S. population growth
(DBN)

The government is barreling toward a partial shutdown over DHS funding. Here’s what to expect
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Bankrupt Billionaire’s Lavish Gilded Age Mansion Has Price Cut by $14 Million After He Was Jailed for Scamming Investors Out of $1.3 Billion
(DBN)

4th Look at Local Housing Markets in December
(DBN)

Case-Shiller: National House Price Index Up 1.4% year-over-year in November
(DBN)

Homebuyers backing out of deals at fastest pace
(DBN)

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Municipalities:

A Municipal Debt Boom Is Driving Public Projects and Tax Breaks for Investors
(DBN)

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Crypto:

Another NFT platform is closing permanently
(DBN)

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Politics:

Trump moves to take over Los Angeles wildfire recovery from local and state authorities
(DBN)

Minneapolis shooting scrambles Second Amendment politics for Trump
(DBN)

Trump administration’s trust and credibility tested in wake of Pretti’s death in Minneapolis
(DBN)

Trump in Retreat
(DBN)

Trump 2.0 Forces Industry to Rewrite Playbook for DC Success
(DBN)

Trump’s use of AI images pushes new boundaries, further eroding public trust, experts say
(DBN)

Schumer says Trump pulling the plug on $16B tunnel project is 'insane,' 'absurd'
(DBN)

Trump heads to Iowa for pre-midterms economic messaging tour
(DBN)

Trump’s acting cyber chief uploaded sensitive files into a public version of ChatGPT
(DBN)

Administration Social Media Posts Echo White Supremacist Messaging
(DBN)

Trump’s Feud With Ilhan Omar Is Getting More IntenseMan Attacks Omar with Spray
(DBN)

Families of 2 men killed in boat strike sue Trump administration over attack they call ‘unlawful’
(DBN)

US military 'war room' jet spotted leaving Washington DC as unrest grips the nation
(DBN)

Philip Glass cancels Kennedy Center symphony premiere in protest of Trump leadership
(DBN)

Judge blocks Virginia lawmakers' bid for pro-Democratic voting map
(DBN)

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ESOPs:

Appvion employees lose bid to recover ESOP funds after bankruptcy, next case set for trial
(DBN)

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Corporate Governance:

Texas Shareholders Are Voting for ‘Y’all Street’ With Their Feet
(DBN)

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Utilities:

Winter peak demand could hit new highs, prompting DOE emergency ordersDOE expands use of emergency orders amid winter freezeThe Race Against the Clock to Fix a Power Grid MeltdownNew York, Baltimore Power Prices Soar on Threat of Deeper Chill
(DBN)

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Assisted Living:

Genesis Deal Shows Faltering Nursing Sector’s Complex Money Web
(DBN)

Buckingham CCRC accepts $133M bid from Focus Healthcare Partners to be acquired out of bankruptcy
(DBN)

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Food/Beverage:

Filing Alert: FAT Brands Chapter 11Fat Brands, burdened with heavy debt, declares bankruptcy Parent company of over 15 popular restaurant chains files for bankruptcyRestaurant giant files for bankruptcy under massive debt shortly after touting major expansionTwin Peaks parent companies file for Chapter 11 bankruptcy amid debt strugglesTwin Hospitality stock plunges after bankruptcy filingFat Brands is sued by one of its largest bondholders over Twin Peaks stock‘Mountain-lodge-themed Hooters,’ 19 restaurant brands in danger after bankruptcy filingFuture of all 114 Twin Peaks locations confirmed after iconic sports bar owners filed for bankruptcy
(DBN)

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Education:

Principal allegedly obstructed cops after 6-year-old girl with autism found tied to chair
(DBN)

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Music:

Native Instruments files for insolvencyNative Instruments Enters Preliminary Insolvency Proceedings in Germany: What It Means for Users and the Industry
(DBN)

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Credit Cards:

Credit Card Delinquencies Drop
(DBN)

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Comic Books:

ICv2: Diamond Holds Nearly $50 Million in Publishers' Consignment Inventory
(DBN)

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Gambling:

Signs of Weakness Emerging in Vegas Gaming Scene, Says Houlihan Lokey’s Jay Weinberger
(DBN)

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Tech:

TikTok settles youth social media addiction lawsuit ahead of trial
(DBN)

The $7 Trillion Data Centre Boom Has A 100GW Power Problem
(DBN)

Trump Admin Plans To Let AI Write Transportation Regulations
(DBN)

Inside a tech company’s secretive plan to destroy millions of books
(DBN)

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Bicycles:

Once-Beloved $1B Bike Brand Sells for Just $13M After Warehouse FireLife Electric Vehicles set to acquire Rad Power Bikes for $13.2 million
(DBN)

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Environmental:

Utah set to buy one of the state’s major polluters in $30M ‘commitment’ to Great Salt LakeUtah buys US Magnesium plant, plans to give more water to Great Salt Lake
(DBN)

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  New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (19 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Fewer filings, bigger cases drive Chapter 11 trends in 2025
(DBN)

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Mass Torts:

Survivors deliver harrowing testimony in Buffalo Diocese bankruptcy case
(DBN)

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Third Party Releases:

Limiting Purdue Pharma to Chapter 11: Recent rulings that non-consensual third-party releases may not be prohibited in Chapters 7 or 15 proceedings
(DBN)

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Priorities:

Florida Bankruptcy Court: Proposed DIP Financing and Sale Framework for Administratively Insolvent Debtors Did Not Violate Jevic’s Prohibition of Priority-Deviating Distributions
(DBN)

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Cross-Border:

The UNCITRAL model law on cross border insolvency
(DBN)

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Executory Contracts:

Contracts To Make “Financial Accommodations” Cannot Be Assumed Or Assigned—§ 365(c)(2) (In re Svenhard)
(DBN)

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Aviation:

Filing Alert: New Pacific Airlines Parent Chapter 11
(DBN)

JetBlue posts wider loss on macro uncertainty, sees positive 2026
(DBN)

'Systemic failures' caused Washington midair crash, says NTSB chair
(DBN)

Burbank Airport could be next scene of mid-air crash, airlines warn NTSB
(DBN)

NASA jet erupts in flames as it skids down runway at Houston airport
(DBN)

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Wind Energy:

Filing Alert: Shannon Wind Chapter 11
(DBN)

US judge allows Massachusetts offshore wind project to resume construction, blocking Trump pause
(DBN)

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Retailing:

Saks Off 5th shutting down entire online operation but not before a huge clearance sale with 90% off
(DBN)

Primetime Shopping Network files Chapter 7 bankruptcy
(DBN)

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Tax:

Jeff Winick ordered to pay $9M in back taxes
(DBN)

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Sovereigns:

After $4.5bn write-off, Somalia courts creditors for more debt relief
(DBN)

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UK:

Contracting out can English liquidators limit their liability
(DBN)

Court of Appeal decision on Transactions at an Undervalue: TAQA Bratani Ltd v Fujairah Oil and Gas UK LLC
(DBN)

Hundreds of jobs lost as Revolution bars owner enters administration
(DBN)

More than 28,000 corporate insolvencies in 2025 highlight strain on UK businesses
(DBN)

Four hospitality businesses closing every day
(DBN)

Two in five construction firms close within five years
(DBN)

Suspended sentence for waste operator who ‘blatantly ignored’ bankruptcy restrictions
(DBN)

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Canada:

Construction liens and mortgages in Ontario, Canada: Cautionary lessons on priority disputes from Clarkson Road Developments GP Inc.
(DBN)

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Russia:

Russia offers cash bonuses, frees prisoners and lures foreigners to replenish its troops in Ukraine
(DBN)

Sick new torture method of Putin’s troops against their own comrades
(DBN)

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Venezuela:

Speak in code, delete the chats: The tactics Venezuelans are using out of fear of phone checks
(DBN)

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India:

IBC has been a game-changer, transformed the insolvency landscape: DFS secretary
(DBN)

Insolvency and Bankruptcy Code: Paving the Way for Economic Resilience
(DBN)

Application u/s 19 of Recovery of Debts and Bankruptcy Act Maintainable Where Bank Holds Account: DRAT
(DBN)

Municipal Property Tax Dues Recognized as Secured Claims In Liquidation: NCLAT Holds KMC as a Secured Creditor
(DBN)

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Switzerland:

GeNeuro SA Announces the End of the Debt Moratorium and the Commencement of Bankruptcy Proceedings
(DBN)

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Singapore:

Insolvency programme for micro, small companies to be revamped with simpler criteria, streamlined processes
(DBN)

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South Korea:

South Korea expands litigation aid to help small firms navigate bankruptcy
(DBN)

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Hong Kong:

Hong Kong stressed/distressed property report: weaker property developers forced asset sellers amid refinancing woes
(DBN)

Hong Kong police arrest 7 over bogus HK$10 million bankruptcy loan scheme
(DBN)

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Asia:

Overall roles rebound in 4Q25 despite a record-low full-year tally – APAC Restructuring Advisory Mandates Report
(DBN)

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Germany:

The Second Act: The tale of (non?) recognition of UK restructuring plans in Germany
(DBN)

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China:

China Vanke Gains After Avoiding Default as Creditors Approve Bond Rollovers, No. 1 Shareholder Provides New Loan
(DBN)

China’s Grip on African Debt Eases as Angola Shifts Toward Domestic Creditors
(DBN)

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Japan:

Japan’s Corporate Bankruptcies Top 10,000 for Second Straight Year in 2025
(DBN)

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