August 20, 2026

The Daily Bankruptcy News

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Law:

Top US law firms hit by backlash over ‘crazy’ hiring of first-year students
(DBN)

Looks Like Another Strong Year For Biglaw
(DBN)

Charlesbank nears law firm deal as private equity pushes deeper into US legal sectorPrivate equity’s escapades in the legal market
(DBN)

Hunton Andrews Kurth Expands National Bankruptcy and Restructuring Practice In Texas with Addition of Partner Ian Roberts
(DBN)

Katten Expands Restructuring Practice with Addition of Weiner as Partner
(DBN)

AI hallucinated case law in insurance company’s filings in L.A. County house fire dispute
(DBN)

Harvey Announces Tenet, Its First in-House AI Model for Legal Work
(DBN)

Legal Tech AI Firms Shift Away From Anthropic, OpenAI Reliance
(DBN)

Legal AI has officially Entered Silly Money Territory
(DBN)

In-House Leaders Say Lawyers At These Biglaw Firms Are Client Service ‘All-Stars’ (2026)
(DBN)

Legal Ethics in Focus: Davis Wright Tremaine Reprimand Sparks Industry Review – Legal News Feed
(DBN)

The Office Romance Has Changed But Here’s Why Law Firms Need To Rethink Who Holds The Power
(DBN)

America has 3 billion words of legal code riddled with ‘policy sludge’
(DBN)

Troutman Associate Says Firm Tried to Oust Him Over Heart Attack
(DBN)

Trump tries to quiet his mass deportation campaign. Voters aren’t moving. How One Small Section of Trump's Planned Border Wall Became the Center of a Big BattleICE Holding San Diego Padres Coach at El Paso Detention Center
(DBN)

DOJ Civil Rights Attorneys Leaving To Save Their Law Licenses, Whistleblower Tells Congress
(DBN)

Whistleblowers claim Trump officials played politics with university antisemitism probes
(DBN)

The DOJ Insists There’s ‘No Serious Dispute’ About A Phrase Everyone Is Disputing ‘No serious dispute’ that Comey’s seashell post could be read as a Trump threat, prosecutors sayProsecutors Say Comey’s Seashell Post Became Part of His Thriller Novel’s PromoTrump DOJ says timing of James Comey's novel makes '8647' case fit for a jury to decide
(DBN)

DOJ Urges Federal Judge to Uphold Lawsuit Against D.C. Bar’s Disciplinary Authority, Citing Constitutional Concerns
(DBN)

Blanche’s DOJ Deputy Options Risk Renewed Settlement Fund Fight
(DBN)

Trump’s top federal prosecutor in L.A. could face new challenge after appellate ruling
(DBN)

Harvard Will Pay $53 Million To Settle Lawsuits Over Body Parts Stolen From Morgue
(DBN)

Alan Dershowitz Continues To Fight Martha’s Vineyard McCarthyites In His Own Mind
(DBN)

Flock Has a Powerful New AI Tool for Police. We Got Its Code Flock’s Network Is Losing Value to Cops as More and More of Its Cameras Go Offline
(DBN)

Penn State frat cocaine ring busted thanks to absolutely obvious mistakeProminent Lawyer Charged In Penn State Frat Cocaine RingPittsburgh Lawyer Charged in Penn State Cocaine Ring With Son
(DBN)

Man ran into Trader Joe's with a gun and got a manager killed by police
(DBN)

Founder of prisoner aid program who was pardoned by Trump arrested for sex crimes: Police
(DBN)

Man with 'dead man's switch' requests 'multiple hypnotists' during hostage standoff: Cops
(DBN)

Killer gunned down longtime friend, then gathered with his family to view body: Officials
(DBN)

Teen allegedly hired by his friend to kill parents for large inheritance set for trial
(DBN)

Aunt invited to move into her brother's new home smothers his 9-year-old daughter
(DBN)

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Judges:

BK MD FL: Court Connection Newsletter
(DBN)

Judge removed from Texas track meet stabbing case as defendant Karmelo Anthony seeks a new trial
(DBN)

Ohio Judge Suspended for Using Vulgar, Racist Language to Staff
(DBN)

Jackson Walker Challenges DOJ Effort to Reclaim Legal Fees Amid Ethical Scrutiny
(DBN)

The chief justice should share much of his power
(DBN)

Kennedy Center tells court it won’t try to restore Trump’s name to the building before Sept. 8
(DBN)

Taft’s Timely Legacy
(DBN)

Texas Judge Calls for Accountability After Fabricated Citations Surface in Immigration Case
(DBN)

Former Judges Unite to Demand Inquiry into Homeland Security General Counsel’s Social Media Conduct
(DBN)

Judge demands ‘extraordinary’ peek under Trump DOJ’s hood: experts
(DBN)

'Hide their embarrassment': Kennedy Center excuse for Trump tarp stuns in court
(DBN)

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Wall Street:

Stock futures slip as oil prices rise, Walmart slides
(DBN)

Meet Gregory Fenelon, the (self-declared) $14bn man
(DBN)

Hudson River posts $11.4bn trading windfall as it seizes on market tumult
(DBN)

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Layoffs:

TikTok to lay off 75 Bellevue employees
(DBN)

Logistics company laying off 160+
(DBN)

Southern California-Based Food Manufacturer to Permanently Lay Off 115 Employees
(DBN)

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Healthcare:

Rural western Nebraska hospital files for bankruptcy, will continue operatingGarden County Health Services files for Chapter 9 bankruptcySays services will continue
(DBN)

Mass. health care regulators monitoring private equity deal flow
(DBN)

Filing Alert: Wound Management Specialists Chapter 11
(DBN)

This Common Job Has the Highest Cancer Risk in America
(DBN)

Docs removed two of my organs before figuring out what was wrong with me
(DBN)

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Logistics:

Amazon plans drone expansion as top exec projects 1 million deliveries
(DBN)

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Autos:

Car dealerships are relying more on parts and service for profits
(DBN)

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Seafood:

New Brunswick seafood processor files for creditor protection
(DBN)

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Education:

Bankrupt Anna Maria College to sell nursing program for $1.1MAnna Maria College’s bankruptcy filing reveals who’s owed millions
(DBN)

Teachers Warn That Students Are Losing the Ability to Think as They Lean on AI for Everything
(DBN)

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Gambling:

Sports Betting Site Boasts That It’s Letting Users Bet on Little League Players
(DBN)

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Horticulture:

Filing Alert: BFG Supply Chapter 11
(DBN)

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Food/Beverage:

Chicken wing restaurants file Chapter 11 despite record demand
(DBN)

The meal-kit industry is in disarray after a major supplier went bust
(DBN)

The Scoop Isn’t Over Yet: Rebel’s Appeal and Bankruptcy Filing Complicate Van Leeuwen’s $23.8 Million Win
(DBN)

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Television:

Netflix production supplier seized by creditors
(DBN)

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Private Credit:

Anatomy of the Private Credit Market
(DBN)

Rising non-accruals signal growing risk in private credit
(DBN)

Private credit risks remain at large
(DBN)

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Coal:

Coal Remains The Undisputed King Of Global Power
(DBN)

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Economy:

US Treasury Secretary Bessent doubles US long-bond buybacks in the face of surging yieldsBessent’s Plan at Best ‘Circuit Breaker’ for Global Bond Slump
(DBN)

Trump bemoans Fed interest rate policy, says U.S. should be paying much less
(DBN)

US government debt hits $40tn as borrowing rises at historic rateU.S. government debt passes $40 trillion, more than doubling in a decade
(DBN)

The US economy is running hot
(DBN)

Federal Reserve officials express rising concern over persistently high US inflation
(DBN)

Fed officials warned rate hikes may be needed if inflation stays high
(DBN)

Krugman: Case Against Bond Market PanicWhat Are Bond Markets Telling Us?
(DBN)

Why bond markets are unnerving rich-world politicians
(DBN)

The Big Four Recession Indicators: Industrial Production
(DBN)

The $19 Trillion Bond Question Confronting Central Banks
(DBN)

Americans have more money. They’re done eating and shopping at places that suck
(DBN)

Bond traders are testing Kevin Warsh: The Fed chair will heed—but not be ruled by—them, says an economist who spent years sitting next to him
(DBN)

Economists Warn That Treasury’s Bond Markets Fix Is Short Term
(DBN)

Nearly Half of Trump’s Treasury Appointees Have Left
(DBN)

The bond market is sounding an alarm. Here's what it means.
(DBN)

The government taking equity in Intel went even worse than expected
(DBN)

US and Canada reach last-minute deal to delay 50% tariffs, Trump saysHere’s what we know so farUS eyes lower tariffs on metals and autos in Canada trade deal
(DBN)

American manufacturers are hiring again. Could tariffs be the reason?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Weekly mortgage demand stalls along with interest rates, but rates are now moving higher again.
(DBN)

Architecture Billings "Remain weak" in July
(DBN)

Non-bank home lending surges 65% in 12 months
(DBN)

K-Shaped Housing Market: Starter Homes Lose Ground as Luxury Holds Strong
(DBN)

Single-Family Housing Starts Plunge in July
(DBN)

Pending Home Sales Retreat in July as Mortgage Rates Hit 2026 High
(DBN)

Filing Alert: Alessandro Plaza Owner Chapter 11
(DBN)

'How to Evict Your Landlord' update: Highgrove files for bankruptcy
(DBN)

How to save $2,000 a month in LA.: rent
(DBN)

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Oil/Gas:

The ‘Crack Spread’ Is Going to Make Your Life Unpleasant
(DBN)

$100 Diesel Cracks Signal a Much Tighter Oil Market Than Brent Suggests
(DBN)

Hope Fades, Traders Brace for Extended Oil, LNG Squeeze
(DBN)

EIA Sees Oil Crunch in 2026, Glut in 2027
(DBN)

Demand for tankers soars as Gulf oil producers search for ways to export cargoes
(DBN)

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Fraud:

Inside the fraud scandal that’s rocked the $15 billion trading card industry
(DBN)

Guo Wengui Fraud: The Illusion That Built Trust
(DBN)

Genetic testing lab faces $315M federal penalty for alleged Medicare, Medicaid fraud
(DBN)

Exclusive | California clan that swindled $18M from COVID cash inspires Senate bill to crack down on 'fraudster families'
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Threatening Friends and Courting Enemies in Trump’s ‘Upside-Down World’
(DBN)

Conservatives crushed as NYT kills Trump deficit dreams with single chart
(DBN)

Former Trump official seeks to channel MAGA's backlash to Iran war
(DBN)

Americans have elected only 3 Black governors. This year, 8 major party candidates are on the ballot
(DBN)

Governors' races are being increasingly buffeted by the toxic politics of data centers
(DBN)

The strange politics of the AI backlash
(DBN)

Trump’s Governor Candidates Keep Flaming Out
(DBN)

Where’s Marco? Rubio steps back from three top foreign policy crises
(DBN)

Why Trump can’t rekindle the spark with Kim Jong Un
(DBN)

Anxiety grips Pacific allies as Trump pulls back
(DBN)

Ossoff-Trump Feud Escalates: What's Behind the Georgia Senator's Attacks
(DBN)

Natalie Harp, Trump’s Most Devoted Aide, Is Always by His Side. What Exactly Does She Do?Meet Natalie Harp, the aide so close to Trump she once rode in an SUV trunk to accompany himTrump Aide’s Brother Breaks Down Sister’s ‘Infatuation’ with PresidentNatalie Harp's Brother Explains Her 'Unhealthy Obsession' With TrumpTrump's blonde aide's Scottish 'love letters' exposedDevoted aide championed Trump’s pet project opposed by Melania: biographer
(DBN)

Democratic socialist Angie Nixon clinches surprise primary win in Florida US Senate raceWhy a stunning democratic socialist win in Florida is different
(DBN)

Kevin McCarthy Corrects Jesse Watters for Claiming Trump Didn’t Endorse Primary Loser: ‘He Did’
(DBN)

‘Embarrassing!’ Darline Graham Gets Absolutely Smoked for Disastrous Debate FailDarline Graham Implodes in Debate: ‘I’m Not That Informed on National Security’
(DBN)

Randy Fine Questions If Viral Mailbox Video is Even 'Real'
(DBN)

Halfwit Republican Senate Candidate Running In Minnesota Says ‘It’s Embarrassing’ To Be Minnesotan
(DBN)

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Trucking:

3 trucking firms in Alabama, California and Michigan file Chapter 11 bankruptcies
(DBN)

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Celebs:

Deion Sanders served subpoena for son's bankruptcy trial. Can he avoid testifying?Deion Sanders allegedly makes unusual Colorado move amid son Shilo’s $11.89M bankruptcy case
(DBN)

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Fashion:

Popular fashion brand abruptly files Chapter 11 bankruptcy, citing ‘historic debt’
(DBN)

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Furniture:

Regal Partners Says Subsidiary Bankruptcy Unlikely to Hit Group Operations
(DBN)

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Crypto:

The Core Scientific Case: How Did a Bankrupt Bitcoin Miner Suddenly Strike It Rich?
(DBN)

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Hotels:

Exorbitant hotel prices are here to stay
(DBN)

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Water:

Why the world’s richest country can’t defend vital infrastructure
(DBN)

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Consumer Finance:

“Buy Now, Pay Later” Loans Come For Renters
(DBN)

Payday Loans Hit a Record High
(DBN)

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Student Debt:

Many Student Loan Borrowers May Have to Switch to Worse Repayment Plans
(DBN)

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Asset Management:

Guggenheim Loan Swings as Lenders Weigh Earnings Outlook, Probe Unaddressed
(DBN)

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  New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Personal bankruptcy filings are soaring in 2026, signaling growing economic distress
(DBN)

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Cross-Border:

Petition-date compliance in US Chapter 15: Recent decisions reinforce timing-sensitive eligibility requirements
(DBN)

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Mass Torts:

Bakersfield reacts: Church funds at risk in Diocese of Fresno bankruptcy
(DBN)

Opinion: The Catholic Church has turned bankruptcy into a weapon
(DBN)

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Aviation:

Google Gets Spirit Airlines’ 600 Million Worker Records Under 1978 Law Built for FactoriesSpirit Airlines Is Gone. Its 40-Year Data Trail May Still Shape How Travelers Buy Flights
(DBN)

SpiceJet’s Bankruptcy Cases Get A Do-Over In Court
(DBN)

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Tech:

Mathematicians ask what’s left for humans when AI can do math research
(DBN)

Young Americans Become More Hostile to AI, Fearing Job Losses
(DBN)

Workers can’t agree if junior employees should use AI at work: CNBC survey
(DBN)

Inside Big Tech’s frantic race to quell the growing backlash to AI
(DBN)

Teen Boys Are Using Meta Glasses to Harass and Bully Girls at High Schools and Middle Schools
(DBN)

Who is really buying China’s humanoid robots?
(DBN)

Humanoid robots’ ‘ChatGPT moment’ could be 10 years away, Unitree founder says
(DBN)

The slow sucking sound of AI
(DBN)

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Food/Beverage:

How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
(DBN)

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Retailing:

Target hikes outlook as sales rebound and huge tariff refund boosts bottom line
(DBN)

Walmart raises guidance, but the stock drops on slower sales growthWalmart hikes full-year outlook, says it will use huge tariff refund to keep prices low
(DBN)

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Solar:

One company stands to gain as bankruptcy wave hits solar sector
(DBN)

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Sports:

LIV Golf and bankruptcy: Legal expert Balsam detailsLIV Golf's season ends in Indy amid bankruptcy concerns and mounting financial pressure8 things LIV’s CEO told reporters at season finale — and what they meanBryson DeChambeau Calls Media “Mafia” Amid Two Clashes at LIV IndianapolisLIV Golf CEO says tour will continue, 'wouldn't bet against us'‘Whole Season Was Pointless’: LIV Golf Faces Backlash As Michigan Event Cancellation Sparks ChaosLIV Golf CEO says league in race against time to finalize funding dealWeeks: 'I don't suspect that you'll see Rahm or DeChambeau leave until they declare bankruptcy'LIV boss gives telling reply when asked if league is facing bankruptcyLIV Golf boss refuses to rule out bankruptcy after failing to pay contractors'Tough road' back for LIV stars as CEO answers lawsuits, bankruptcy claimsO'Neil does not rule out bankruptcy and admits that LIV needs to retain its starsMost of golf is working together. LIV CEO Scott O’Neil just wants to be included
(DBN)

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UK:

When will the English Court assist officeholders with remuneration applications?
(DBN)

English High Court considers the public policy exception to cross-border recognition
(DBN)

Board Dissent in the Twilight Zone: Saxon Woods, Sequana and the Limits of Unilateral Action
(DBN)

Hospitality insolvency figures jump in second quarter of the year
(DBN)

Construction firms scale back amid market uncertainty
(DBN)

Court orders £2m payment over software IP moved beyond creditors’ reach
(DBN)

Mike Ashley’s luxury retail empire is going cheap
(DBN)

UK Inflation Jumps to 2.9% as Energy Bills Bite
(DBN)

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EU:

Large-cap restructurings drive sharp rise in 2Q26 mandated debt – Europe Restructuring Advisory Mandates Report
(DBN)

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Canada:

Can a Late Higher Bid Reopen a Receivership Sale? Lessons from Cameron Stephens Mortgage Capital Ltd. v. Conacher Kingston Holdings
(DBN)

Canadian cross-border update: The cannabis restructuring
(DBN)

How to Restructure a Foreign Subsidiary Under Canada's CBCA
(DBN)

Canadian Insolvency Approaches Gain Ground in U.S. Bankruptcy Courts
(DBN)

BC court blocks RBC's bid to cross-examine insolvency monitor
(DBN)

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Russia:

Moscow's fuel stations limit sales amid shortages
(DBN)

Elite Ukrainian drone unit brings the war to Moscow's doorstep
(DBN)

Russian missile attack kills at least 13 in Kyiv
(DBN)

Volodymyr Zelenskyy fires top aide as corruption allegations pile up
(DBN)

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MENA:

Israeli Military Admits Opening Fire on Vehicle Carrying 5-Year-Old for First Time as Criminal Probe Launches
(DBN)

In Israel, military service debate spotlights ultra-Orthodox Jews and their growing clout
(DBN)

Canadian official condemns Israel’s ‘unlawful invasion’ and announces new aid to Lebanon
(DBN)

There’s real logic beneath Trump’s split nuclear strategy
(DBN)

Donald Trump announces new drive to isolate and crush Iranian economy
(DBN)

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Ireland:

Insolvency group warns thousands in their 60s are in mortgage arrears
(DBN)

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Brazil:

Monitoring agents gain ground as Brazil’s insolvency cases mount
(DBN)

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Cuba:

Cuba has plenty of doctors. So why is its healthcare system collapsing?
(DBN)

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China:

China sentences Evergrande’s Hui to life for ‘heinous’ crime
(DBN)

Evergrande liquidators challenge Hong Kong watchdog in court
(DBN)

China’s Property Crisis: From Evergrande Collapse to Spiraling Prices
(DBN)

China’s economy showing signs that slowdown may be extending
(DBN)

However you measure it, China’s job market is weak
(DBN)

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Australia:

Jon Adgemis faces fight with ATO over failed pubs, GST claims
(DBN)

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Germany:

PANDION's Creditor Coalition Takes Shape as Insolvency Webcast Looms
(DBN)

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Argentina:

Argentina has lost more than 30,600 businesses under Milei. Economist blames "unrestricted market opening"
(DBN)

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