March 13, 2026

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click here
Search prior case summaries: Click here

Format For Mobile Device

 

 

Law:

In ‘Angry Outburst,’ Donald Trump Demands DOJ Keep Defending His Unconstitutional Attacks On Biglaw
(DBN)

Global Biglaw Shakeup: Top Firm To Walk Away From Verein StructureDLA Piper to Ax Verein Structure in Play to Boost Profits
(DBN)

Skadden Expands Private Credit and Restructuring Capabilities With Scott Heard and the Return of Matthew Murphy
(DBN)

Biglaw’s Merger Market Is Heating Up — And More Firms Are Willing To Talk
(DBN)

Los Angeles Judge Dismisses Ford Suit Over Alleged Lawyer Overbilling
(DBN)

Walmart Taps Kirkland Partner as Top Lawyer After Her Judge Bid
(DBN)

Baker Botts Holds Partner-Free Associate Dinners
(DBN)

ChatGPT 'practiced law without a license' and 'helped harass' lawyer
(DBN)

Perkins Coie introduces AI avatar to help Gen Z lawyers chat with senior colleagues
(DBN)

Top Biglaw Firm Debuts Nonequity Partnership Tier, Moving Goalposts Just A Bit Further
(DBN)

DOJ Attorney Throws Himself Under The Bus Rather Than Dragging Down Everyone Else
(DBN)

Big Law Grapples With AI-Fueled Pro Se Surge, Rising Legal Costs
(DBN)

Law firms ‘shooting themselves in the foot’ by evacuating staff, says Dubai legal boss
(DBN)

Solar company’s outside counsel sentenced to over 11 years in prison for role in $1B Ponzi scheme
(DBN)

The Line We Cannot Cross: Where AI In Law Is Headed And Why Judgment Still Must Lead
(DBN)

Why Wasn’t Biglaw Ready For The Epstein Files ‘Bomb’ To Drop?
(DBN)

She Was Nearly Recruited into Epstein’s World—by Her Closest Friend
(DBN)

As new licensure pathways crop up, how are they doing?
(DBN)

Lawyer Convicted Of Systematic Sexual Abuse Of Children
(DBN)

Ed Martin Loses Mind, Catches Bar Complaint
(DBN)

Law student claims discrimination after Charlie Kirk flyers removed
(DBN)

From ‘Hold Me In Contempt’ To ‘Elect Me To Congress’
(DBN)

Law firm marks International Women’s Day by sending female clients a kitchen appliance
(DBN)

Paralegal accused of 'spending hours' grilling steaks in the office
(DBN)

First grader's free speech case over 'Black Lives Mater' drawing upheld by 9th Circuit
(DBN)

Getting Too Close to ICE Agents Could Become A CrimeAsylum-seekers face detention while their cases proceed, in a departure from the past'This place broke something in us': Kids languish in ICE detention long past 20-day limit Donald Trump Scores Migrant Deportation WinKansas town allows immigration detention center in shuttered prison after yearlong fightMan arrested for selling 'dried pinto beans' gets courtroom victory over ICE
(DBN)

Judge refuses to revive Letitia James subpoenas, offers DOJ simple solution
(DBN)

Kash outsources FBI training to UFC fighters
(DBN)

Trump takes victory lap, but fight for Jack Smith's Mar-a-Lago report seems far from over
(DBN)

Car Crashes Into Michigan Synagogue, Shots Fired: What to KnowActive shooter reported at synagogue in MichiganMichigan attack investigated as "targeted act" against Jewish communityMichigan synagogue suspect was a local restaurant worker from LebanonHero security guard shoots dead Temple Israel ramming attacker who plowed truck into synagogue and preschoolSuspected Michigan synagogue attacker lost family members in Israeli strikes on Lebanon, local officials say
(DBN)

Old Dominion University shooting leaves 2 people critically injured, gunman dead1 killed, 2 others hospitalized in shooting at Old Dominion University in Virginia, police sayOld Dominion gunman was previously convicted of ISIS support, officials sayReleased from prison just 2 years before attack
(DBN)

Man threatened to kill Trump and family after being caught jumping security barrier in DC
(DBN)

5-year-old flags down cops to tell them 'my mommy left me' to go to Walmart: Police
(DBN)

Son stabbed his parents to death with kitchen knife after argument about household chores
(DBN)

Man followed through on threats to woman that he would 'murder her and her family'
(DBN)

13-year-old son who sees stepfather strangling mother steps in and beats him bloody: Cops
(DBN)

Angler Arrested at Fishing Tournament for Allegedly Stuffing Bass with Weights
(DBN)

______________

Judges:

Federal judges warn of rising threats to safety of judiciary
(DBN)

Confidence in the Supreme Court is sinking, new poll shows
(DBN)

Judge rules Missouri's redrawn congressional map doesn't violate the law by splitting Kansas City
(DBN)

Judges say ICE, DOJ leaders are putting rank-and-file lawyers in ‘an impossible position’
(DBN)

Judge suspended for violating ethical standards while campaigning to get on the bench
(DBN)

______________

Wall Street:

 

The S&P 500 just broke a major support. Another 10% decline is likely.
(DBN)

A toxic mix of private-credit panic and climbing bond yields is hammering financial stocks
(DBN)

______________

Layoffs:

 

______________

Student Debt:

Trump administration has scaled back oversight of student loan servicers, watchdog finds
(DBN)

____________

Maritime:

Fact Check: Are Ships Pretending To Be Chinese in the Strait of Hormuz?
(DBN)

Iran destroys two oil tankers hundreds of miles from Strait of Hormuz
(DBN)

U.S. Navy will escort oil tankers through Strait of Hormuz when ‘militarily possible’Trump officials: Ship escorts to start in Strait of Hormuz "soon"
(DBN)

____________

Tech:

Closing arguments begin in landmark social media addiction trial
(DBN)

How AI could drive a renaissance for blue-collar workers
(DBN)

How Texas became the epicenter of the AI data-center boom
(DBN)

Sam Altman faced ‘serious questions’ in meeting with lawmakers about OpenAI’s defense work
(DBN)

Rise of the AI Soldiers
(DBN)

Residents Raise Alarms as Mississippi Approves Turbines for Musk’s xAI
(DBN)

Burning effigies, doomsday prepping and ‘cyber-chondriacs’: The wacky beliefs of the tech elite shaping global society
(DBN)

Teens Check Their Phones 64 Times On Average — During School Hours
(DBN)

Don't get used to cheap AI
(DBN)

ChatGPT is building a tool that will spy on your bank accounts and credit card activity
(DBN)


People Really, Really Despise AI — Even More Than ICE, Poll Finds
(DBN)

What Was Grammarly Thinking?
(DBN)

____________

Retailing:

Navigating the Saks Global Bankruptcy, the Roadmap Ahead
(DBN)


Dollar General's stock drops, as sales growth to slow more than expected
(DBN)

____________

Private Credit:

Veteran fund manager George Noble warns that a private credit crisis may be unfolding in real time
(DBN)

Deutsche Bank says its private-credit exposure has increased to $30 billion - one of the highest of Wall Street banks
(DBN)

Investor who lost everything in private credit wishes several thousand more people had warned him of the risks
(DBN)

Blue Owl tells investors its loan sale had no hidden incentives
(DBN)

Private Credit’s ‘Back Leverage’ Is Another Pain Point for Funds
(DBN)

____________

Military:

Zelenskyy says Ukraine awaits White House sign-off on US drone production deal
(DBN)

____________

 

Economy:

US jobless claims ticked down to 213,000 last week
(DBN)

Fed chair pick Kevin Warsh meets with more senators as Thom Tillis blockade continues
(DBN)

Jobless claims fall, countering signs of dimming employment outlook
(DBN)

A key gauge of inflation expectations just logged its highest reading in almost 4 years
(DBN)

Jobless claims show 'sluggish but generally stable' labor market
(DBN)

Food Items That Saw Sharpest Price Rises In February
(DBN)

Trump tariffs: Martin Heinrich bill would give families tax rebate for higher import costsTariff Refund Update as US Businesses Offered BuyoutsTrump might get away with his new tariffs: The law he’s relying on survived over 3,600 legal challenges, and even Biden used itCostco Member Starts Class Action To Make Sure Customers Get Their Share Of Tariff RefundsShoppers seeking a tariff refund from retailers are likely out of luck
(DBN)

US trade deficit dropped by 25% in January, a win for TrumpTrump tariffs were supposed to cut trade deficit and create jobs. It hasn't worked out that way.
(DBN)

A key gauge of inflation expectations just logged its highest reading in almost 4 years
(DBN)

Krugman: The Billionaires’ War - The ultrawealthy put Trump in power but other people will pay the price
(DBN)

Oil Shock’s Tentacles Grip World Economy: ‘This Really Is the Big One’
(DBN)

What it will mean for the economy if the Strait of Hormuz stays closed
(DBN)

Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it?
(DBN)

The next 7 days in Iran will determine if we face stagflation or a total global recession
(DBN)

America is on the brink of stagflation, warns Nobel prize-winning economist
(DBN)

U.S. economic outlook cut by Goldman over the Iran war — and the fear goes beyond oil
(DBN)

The truth behind 401(k) withdrawal numbers: People aren't being reckless - they're desperate
(DBN)

Job-hopping has lost its premium—as the financial incentive to switch roles continues to flatten it almost pays the same to stay put
(DBN)

More People Are Living Alone. Here’s Where They’re Doing It.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

Housing affordability bill clears Senate as investor ban creates headachesSenate passes major housing affordability bill by Elizabeth Warren and Tim ScottSenate Resoundingly Passes Housing Bill, but Challenges Lie AheadTrump’s silence leaves housing affordability bill in limbo
(DBN)

Map Shows Riskiest Housing Markets In US
(DBN)

Housing Starts Increased to 1.487 million Annual Rate in January
(DBN)

US housing starts unexpectedly climb on multi-family projects
(DBN)

Foreclosure Starts Surged by 14% Year-Over-Year
(DBN)

Average US long-term mortgage rate rises to 6.11%
(DBN)

With mortgage rates back above 6%, spring homebuying season kicks off with a tricky calculation for both buyers and sellers
(DBN)

Retired Couple Forced To Cut House in Two Over 30-Year Legal Error
(DBN)

______________

Municipalities:

Chester agency, receiver trade accusations after court decision
(DBN)

Cle Elum asking bankruptcy court to reschedule court hearings
(DBN)

The Mayor Is In: Mamdani Drops by to Hear Complaints About LandlordsMamdani touts landmark court victory against repeat offender landlord in housing enforcement push
(DBN)

____________

Oil/Gas:

Brent oil hits $100 after Iran’s new supreme leader says Strait of Hormuz must remain closed
(DBN)

Krugman: Oil Prices Could Easily Go Much Higher
(DBN)

48% of Americans blame Trump for high gas prices — more than any other factor
(DBN)

US eyes Hormuz tanker escorts by April as Trump downplays oil spike
(DBN)

Trump is scrambling to quell the rise of $100 oil. But the market keeps circling one answer.
(DBN)

Trump faces a reckoning on his oil promise to America
(DBN)

Trump touted falling gas prices, but now says 'we make a lot of money' as they go up
(DBN)

Gig workers feel pain at the pump as gas prices hit 21-month highs
(DBN)

Why high oil prices may outlast Trump’s Iran war
(DBN)

Map Shows Gas Price Rises as Average Goes Above $3 in Every State
(DBN)

Trump is tapping America's Strategic Petroleum Reserve to fight rising gasoline prices. How much oil is left in it now?
(DBN)

____________

Horse Racing:

Chicago bankruptcy judge denies emergency hearing request in Hawthorne racetrack Chapter 11
(DBN)

Illinois Harness Horsemen’s Association’s waiting game continues over Hawthorne bankruptcy
(DBN)

____________

Politics:

Tracking approval and key issues
(DBN)

Dems plan probes into companies, colleges that cooperated with Trump
(DBN)

Republicans Identifying as MAGA Hit New Record High
(DBN)

GOP lawmaker worries MAGA will 'start killing people' because of Mamdani's prayer rug
(DBN)

Trump just put Republicans’ hold on the Senate at risk while sending the national debt higher, Morgan Stanley says
(DBN)

The Republican Party Continues Eating Its Own
(DBN)

Democrats have flipped 28 seats since Trump’s win - Republicans have not flipped any
(DBN)

Voters who say economic and political systems are stacked against them tie a record high
(DBN)

Trump-backed SAVE America Act will get a Senate vote next week, Thune saysThe Voter ID Debate Everyone Gets WrongTrump's SAVE Act push creates new FISA problem for Mike JohnsonAs Trump pressures Congress on the SAVE America Act, states push their own versions
(DBN)

Donald Trump Changes Tune on Nobel Peace Prize
(DBN)

Tensions erupt in Congress over anti-Muslim posts
(DBN)

Trump’s Obsessions Are a Liability for the GOP
(DBN)

'Already won' or 'got to finish the job': Trump's mixed messages on Iran Trump does cringeworthy dance with MAGA boxer as Gulf burnsTrump administration denounces CNN for airing messages from Iranian leadersTrump threatens Iran following new wave of attacks on Gulf states and IsraelVance was ‘skeptical’ voice in White House on Iran strikes
(DBN)

Democratic senators file war powers resolution to check Trump on Cuba
(DBN)

GOP attack on Texas Democrat collapses
(DBN)

New statue of Trump and Epstein is placed on National MallEpstein’s longtime accountant claims he didn’t know 'nature' or 'extent' of abuse in House testimonyWhy DOJ hasn’t charged anyone else from the Epstein files
(DBN)

Former NFL players 'disgusted' Trump admin used them in Iran war hype video
(DBN)

White House outraged over new CBS News hire
(DBN)

Trump-backed candidate seemingly recreates MLK shooting in resurfaced video
(DBN)

The local special election sparking intrigue in Donald Trump’s backyard
(DBN)

Immigrant detentions put South Texas Republicans on defensive with Latino voters
(DBN)

____________

Comic Books:

ICv2: Diamond Bankruptcy Trustee Appealing Consignment Decision
(DBN)

____________

Media:

BuzzFeed flags ‘going-concern’ risks, explores options to stave off insolvency
(DBN)

____________

Radio:

Cliff Dumas reacquiring 10 SE radio stations, including KINY and TAKU 105, after bankruptcy proceedings
(DBN)

____________

Freight:

20 more freight carriers go bankrupt
(DBN)

____________

  New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

After bombshell report on clergy sex abuse, RI Catholic Church goes on the defense
(DBN)

____________

Litigation:

Supreme Court Ruling Raises Risk for Clients Testifying at Trial
(DBN)

____________

Aviation:

Flights are already getting more expensive after jet fuel spike. When should you book?
(DBN)

Airfares Have Doubled on Some Flights. The Sticker Shock for Spring Travel Is Upon Us.
(DBN)

War Has Sent Thousands of Planes Flying in the Other Direction
(DBN)

Laura Loomer Calls for Muslims to Be Barred From TSA
(DBN)

Flyers are scratching their heads at Southwest Airlines’ bizarre takeoff policy: 'Making stuff up as they go'
(DBN)

____________

Agribusiness:

More American farmers are filing for bankruptcy. Here’s why
(DBN)

Who Will Farm America?
(DBN)

____________

Food/Beverage:

Planta’s Ch. 11 bankruptcy converted to liquidationBankruptcy judge approves liquidation of vegan chain Planta
(DBN)

More Popeyes Locations Close as Major Franchisee’s Bankruptcy Shutters Restaurants
(DBN)

Owner of 15 Subway shops in Maine files for bankruptcy
(DBN)

Smaller portions are a big restaurant trend as customers watch their budgets and waistlines
(DBN)

____________

Healthcare:

Ogdensburg asks Gov. Hochul to intervene in North Star situation
(DBN)

Assemblyman Gray calls DOH delay “inexcusable” amid funding crisis; judge wants DOH to meet with hospital reps
(DBN)

North Star submits plan to state seeking cuts if it doesn’t get fundingNorth Star warns judge of 'drastic cost-cutting measures' without state funding
(DBN)

New owners of hospital in Jersey City NJ to close it for good Saturday
(DBN)

Nearly 1 in 10 adults say they've postponed retirement because of health care costsMillions of Americans are skipping meals or cutting back on utilities to afford health care
(DBN)

____________

Hedge Funds:

JPMorgan Says Hedge Funds Hit by Worst Drawdown Since April
(DBN)

____________

Entertainment:

After years of growth, Georgia’s film industry hits a painful resetAtlanta's 'Hollywood of the South' fades as film production plummets
(DBN)

____________

Software:

AI Impact on Software Won’t Trigger Wave of Downgrades, S&P Says
(DBN)

____________

Apparel:

G-III Apparel takes big profit hit from Saks bankruptcy, tariffsG-III Q4 2025 Earnings Take Hit From Saks Global Bankruptcy
(DBN)

____________

Climate:

US forecasts blizzard, polar vortex, heat dome and atmospheric river all at once
(DBN)

‘Unprecedented’ March Heat Could Topple Records Across the Southwest
(DBN)

____________

Religion:

Worcester reverend accused of fraud dodges his own lawyer, ordered to bankruptcy court
(DBN)

Thiel brings his Antichrist lectures to the Vatican’s doorstep, and Catholic institutions back away
(DBN)

What to know about Reform Judaism after an attack on one of its largest US synagogues
(DBN)

____________

Solar:

Why 4 in 10 Americans are quietly walking away from solar panels
(DBN)

____________

Festivals:

Bluesfest Byron Bay cancelled: Major music festival announces ‘difficult decision’ weeks before it was due to take place
(DBN)

____________

Celebs:

Inside 90 Day Fiance’s Leida Margaretha and Eric Rosenbrook’s Bankruptcy Filing, Six-Digit Debt
(DBN)

Jack Nicklaus wins bankruptcy court approval to get back his brand
(DBN)

Atlanta 'Housewives' newcomer Pinky Cole breaks down what drove her to bankruptcy
(DBN)

____________

UK:

Muckle appoints specialist insolvency solicitor to banking and restructuring team
(DBN)

Farage regrets move to run 'bankrupt' council
(DBN)

Fraud hits record levels
(DBN)

Credit cards repayment rates fall
(DBN)

____________

EU:

EU Insolvency Law: Harmonisation approaches the finish line
(DBN)

These charts show the size of Europe’s defense boom, as companies take stock of the Iran war
(DBN)

____________

Canada:

Canada’s next insolvency wave may be slow and prolonged, trustee warns
(DBN)

Canada goods-trade deficit widens to $2.68 billion
(DBN)

____________

MENA:

Strait of Hormuz must remain closed as ‘tool to pressure enemy,’ Iran’s new supreme leader saysThe two oil pipelines helping Saudi Arabia and UAE bypass the Strait of HormuzTrump claimed in G7 call that Iran is "about to surrender"4 killed in U.S. refueling aircraft crash over Iraq, U.S. Central Command saysNew Iranian supreme leader vows vengeance in fiery first statementNew Iranian leader Khamenei vows 'never-ending' revenge in first public statement Iran’s impotent new Ayatollah is in a coma and has lost at least one leg – as his rogue regime plunges world into chaos New Iranian Supreme Leader Mojtaba Khamenei sends written message, no proof of life shown Who is running Iran while 'supreme leader' is too injured to show his face? Khamenei son says 'vengeance is the priority' in statement read out for him amid claim he is 'in a coma and lost a leg'US Intel Warns Iran Regime ‘Not in Danger’ of Collapse Even After Top Leaders Wiped Out in Strikes Trump Told Tankers to ‘Show Some Guts.’ Then They Were BombedLeaked US intel undermines Trump's claim Iran war is 'won' as new ayatollah issues chilling threat to American troopsWhat an Iran Attack on California Could Look LikeBrits in Special Forces base attacked by Iranian drone swarm with troops hurt – as UK confirms Putin is helping TehranIn Tehran, hope for change turns to panic: 'They are turning the country into ruins'British tourist among 20 charged in Dubai over videos of Iranian missile strikesLuxury apartment block in Dubai hit by Iranian droneThis military rebel group could join the Iran war next against the U.S. Experts issue warning over how Iran could launch attacks on US soil
(DBN)

'Dubai is finished': Expats say they will leave and never come back
(DBN)

Palestinians feel forgotten as Iran war captures attention and ceasefire progress slows
(DBN)

____________

Russia:

Russia Is Raking In Billions Because of Trump’s Iran War
(DBN)

____________

China:

China Pulls Levers to Punish Panama After Canal Loss
(DBN)

____________

Venezuela:

Trump’s Advice to Venezuela’s Democracy Champion: Don’t Go Home
(DBN)

____________

Chile:

Conservative Euphoria Hits Chile as Right Surges in Latin America
(DBN)

____________

Mexico:

Salinas’ TV Azteca Files for Bankruptcy in Mexico, Firm Says
(DBN)

____________

New Zealand:

Insolvency trends and the uneven road to recovery
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $75.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at (346) 899-8296. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2025