September 29, 2026

The Daily Bankruptcy News

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Law:

Cravath And Weil Are Just Trading Partners At This Point
(DBN)

Cahill matches Milbank's associate bonuses
(DBN)

The $20 Million Partner Problem BigLaw Created With Rainmakers Bigger Than Their Firms
(DBN)

The Fearsome Foursome Is Back. It’s the Same Four. Again.
(DBN)

Munsch Hardt Expands Bankruptcy Practice with Shareholder Tara LeDay
(DBN)

New Report Finds More Lawyers Use AI, But For What Tasks?
(DBN)

Law Firms Step Up Tech Hiring as AI Race Moves Deeper Into Legal Work
(DBN)

What Does OpenAI's Astra for Law Mean for Law Firms?
(DBN)

As A.I. Makes Law Firms More Efficient, Clients Ask: ‘Where’s My Discount?’
(DBN)

Sullivan & Cromwell Partners with OpenAI to Launch AI-Powered Legal Tool and Strengthen Tech Practice
(DBN)

AI Will Expose How Little Legal Judgment Companies Have Made Explicit
(DBN)

Thinking Of Mailing It In Because You Fear AI? Keep Dancing
(DBN)

The Wild World of Law Star Neel Sachdev
(DBN)

Law School Applications Surge Fueled by Political Climate and Diversity Trends Expected to Last Through 2026
(DBN)

California Federal Court Imposes $1.4 Million Fee on Attorney for Misconduct in Netflix Patent Case
(DBN)

California Toughens Penalties for Lawyers Over Illegal Client Solicitation
(DBN)

Father-and-son personal injury lawyers both end up disbarred in Florida
(DBN)

Michigan attorney tipped family about pharmaceutical companies' merger, SEC says
(DBN)

UNC Chapel Hill Trustee Blames Law Prof for Some Budget Woes
(DBN)

Illinois attorney faces discipline over racist comments online
(DBN)

After Putting in a Massive Order for Electric Shock Gloves, ICE Is Now Buying Robot Dogs • The Babies Left Behind in America • Immigrants ask Supreme Court to leave ruling in place preventing Trump administration from deporting them to third-party countries
(DBN)

DOJ enlisting military attorneys as prosecutors in California and NY
(DBN)

Former Bush Ethics Lawyer: Trump’s Taxpayer-Funded Campaign Ad ‘Could Be An Impeachable Offense’ • Mick Mulvaney condemns new taxpayer-funded Trump ad • Congratulations, You’re a Trump Campaign Donor • Taxpayers have funded nearly $1.5M in Trump ads. Criticism mounting
(DBN)

'Firm' sanctions threat needed as Trump disregards discovery in own lawsuit: Court filing
(DBN)

Hackers may have stolen sensitive information on all FBI employees
(DBN)

Trump lawyers go back to the well after judge won't let them 'mischaracterize' sanctions
(DBN)

Federal prosecutor in botched Broadview Six case Assistant US Attorney Sheri Mecklenburg retires under protest: resignation letter
(DBN)

Junior Lawyers Shouldn’t Shrink From Surplus DOJ Job Openings
(DBN)

FBI Ousts Officials Probing Threats to Stephen Miller’s Wife
(DBN)

Nvidia CEO Says AI Companies Will Be Sued to Death If Their Frontier Models Keep Doing Horrible Things
(DBN)

Andrew Bailey, who joined FBI in ‘co-deputy’ position, to leave bureau
(DBN)

After mistrial, Pirro says she'll bring Trayon White bribery case to new jury
(DBN)

Jay-Z Accuser Recants Her Claims, And Now The Lawyers Are Fighting Over Which Story To Believe
(DBN)

Five More Cops Charged for Abusing Flock Cameras Amid So Many Similar Scandals That We Can’t Even Keep Track
(DBN)

Accused Cornell frat bro’s lawyer dismisses heinous rape claims as ‘money grab’
(DBN)

Tesla Argues in Court That the N-Word Is Acceptable Under Certain Circumstances
(DBN)

Murder Trial Struggles to Keep Composure as Lawyers Play Horrendous Love Songs Caleb Flynn AI-Generated for His Mistress
(DBN)

Man who spent decades on death row in Utah ordered released on bail after no DNA match
(DBN)

Former "American Idol" singer Caleb Flynn's murder trial moves to closing arguments Tuesday
(DBN)

Dad who vowed to shoot up son's elementary school over snack time dispute is sentenced
(DBN)

Teen steps off county bus and shoots classmate dead 6 seconds later, prosecutors say
(DBN)

Mom 'attacked' and tried to kill her 2 young kids, 6-year-old may need arm amputated: Police
(DBN)

'I am going to kill you': Wendy's employee who left co-worker meeting with manager 'bleeding uncontrollably' after stabbing learns her fate
(DBN)

'Go and die': McDonald's worker pulls knife on customer, waves it at her, cops say
(DBN)

Details emerge in case of former Cornell student alleging gang rape by fraternity members
(DBN)

Woman texted pal 'I wish I could leave' the same day her boyfriend killed her, jury finds
(DBN)

NYT tech exec shot dead at California sports complex • Dark past of New York Times tech exec shot dead by his in-laws in California
(DBN)

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Judges:

Judges Warn That AI-Generated Lawslop Is Getting So Bad It’s Threatening Courts’ Ability to Function
(DBN)

Judge reaching for wallet inside taco restaurant accidentally fires his gun instead
(DBN)

Supreme Court Justice Alito will not participate in big climate change case next week • Justice Alito will no longer participate in climate change dispute
(DBN)

Brett Kavanaugh Has Had Enough Of Your BS, Eighth Circuit! • Trump attacks Supreme Court for blocking Missouri congressional map
(DBN)

The singular and tragic history of Supreme Court Justice Clarence Thomas
(DBN)

Short Shrift? Supreme Court Clerk Hiring Mostly Skips This Appeals Court
(DBN)

This Former Federal Judge Went From Three Emails A Day To A Flooded Biglaw Inbox
(DBN)

Life After the Judge’s Robes: Alan Albright’s Return to Big Law
(DBN)

Trump Gains Fifth Circuit Seat as Bush Appointee Steps Back
(DBN)

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Wall Street:

Stock futures are mixed after higher yields lead to losing session
(DBN)

IRS Threatens Crackdown On Array Of Wall Street Tax Dodges
(DBN)

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Layoffs:

AI creates jobs rather than kills them: White House economist Hassett
(DBN)

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Steel:

Trump to announce largest steel plant in U.S. history will be built in Iowa • How a Planned Steel Mill in Iowa Reveals Trump’s Midterm Strategy • Trump Touts $15 Billion 'Largest in History' US Steel Plant Then Appears To Doze as Its Chairman Speaks
(DBN)

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Tourism:

Even the World Cup couldn't stop America's tourism slide
(DBN)

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Space:

SpaceX’s Starship Just Reached Orbit, in What Should Be a Major Success for the Company. But Its Stock Price Did the Last Thing You’d Expect • SpaceX Starship splashes down in spectacular fireball after cutting short orbital flight around Earth
(DBN)

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Fraud:

Fraudsters Are Using Polymarket to Extract Money From Stolen Debit Cards
(DBN)

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Autos:

Rivian controller follows CFO out door
(DBN)

U.S. subprime auto ABS market generates returns as borrowers struggle
(DBN)

Chinese EVs will enter the US despite tariffs, analysts say
(DBN)

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Debt Collection:

CFPB Rips Bid To Ax $43M Debt-Relief Win As ‘Frivolous’
(DBN)

200 AI Agents, Humans On Standby: Inside Ignosis AI’s Debt-Collection Operation
(DBN)

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Finance:

Corporate debt maturities set to test US borrowers as rates rise
(DBN)

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Skiing:

Vail Resorts’ Ski Pass Sales Tumble, Signaling Another Tough Winter Ahead
(DBN)

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Banking:

California’s Nano Banc fails
(DBN)

FDIC clamps down on ‘significantly undercapitalized’ Old Glory Bank
(DBN)

Michigan credit union CEO is out after ‘Lake America’ blowback
(DBN)

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Religion:

Pope Leo leans into statesman role, urging peace in an era of renewed war
(DBN)

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Economy:

At every turn, Trump's ideas for aiding US consumers run into resistance
(DBN)

The moves that backfired on Trump and drove interest rates and inflation higher
(DBN)

Bond Selloff Resumes as Oil Rises After Trump Spurns Iran Offer
(DBN)

IMF chief warns AI boom is masking economic fragility from oil shocks
(DBN)

The data center buildout is driving blue collar job growth — and everything else is falling by the wayside
(DBN)

US ban on Canadian alcohol and dairy comes into effect as trade war drags on • U.S. ban on almost $1 billion in Canadian imports takes effect • ‘It’s just getting worse’: anger in Maine over Trump’s trade war with close neighbor Canada
(DBN)

Author of America’s tariff statute: Trump’s tariffs are illegal
(DBN)

Warsh's Credibility Boost Is Bessent's Comeuppance
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Lawler: Update on the GSEs
(DBN)

Why U.S. Homebuyers Are Facing 7% Mortgage Rates Again
(DBN)

Inside the 'Ghost Condo' Crisis at L.A.'s Metropolis Development
(DBN)

ICE First Look shows delinquencies up, prepayments down in August
(DBN)

Builders cut prices as new home supply holds at 8.5 months
(DBN)

Home renovation demand posts weakest quarter since 2024
(DBN)

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Municipalities:

Bankrupt Pennsylvania City Gets Nearly $100M Injection, But Visions For Revitalization Diverge
(DBN)

Trump’s municipal bond portfolio reaches as much as $1 billion as policy overlaps mount
(DBN)

Rural townships squeezed on all sides in Michigan, as money woes mount
(DBN)

State and Local Government Tax Revenue Grows
(DBN)

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Oil/Gas:

Soaring U.S. diesel prices slam local communities as fuel costs surge
(DBN)

Why Blocking U.S. Diesel Exports Could Make Fuel More Expensive
(DBN)

Texas declares diesel price emergency; other states are paying more
(DBN)

Trump threatens diesel export ban again
(DBN)

US strategic oil reserve fall to lowest level in 45 years
(DBN)

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Politics:

Tracking approval and key issues • Trump approval slips to historic low in Wall Street Journal survey
(DBN)

As the US midterms approach, Trump’s boasts on the economy fall flat with voters
(DBN)

Stung by Trump, machinists union campaigns for affordability in midterms
(DBN)

Even Trump’s once-loyal ‘Front Row Joes’ have had enough of him: ‘Fraud and liar’
(DBN)

Veterans turn on Trump over Iran war
(DBN)

GOP senator says Trump should bring Iran war to an end
(DBN)

Trump denies offering to sell arms to Xi
(DBN)

Rove: Republican Party Being Taken Over by 'Nazis'
(DBN)

Hispanic voters turn toward Democrats in redistricted Texas, Florida
(DBN)

Republicans fuming at Hegseth as war costs build
(DBN)

Possible next House intel chair aims to probe 'nakedly corrupt dealings'
(DBN)

Fetterman joins Democrats in warning Mullin, DHS about election interference
(DBN)

Trump, Paxton hit Talarico on masculinity, but he still leads in polls • Pivotal Challenge for Talarico in Texas: Getting Black Voters to the Polls
(DBN)

'Pseudo-journalism': Partisan 'news' sites target US midterms
(DBN)

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Food/Beverage:

Spicy chicken franchisee with ‘addictive’ reaper seasoning files for shock bankruptcy months after 150-store expansion
(DBN)

Houston restaurant supplier Chef Mart files for bankruptcy
(DBN)

Soda chain Swig bids $5.4 million for 8 Arizona locations in Salad and Go bankruptcy
(DBN)

Food safety becomes an election issue as major outbreaks and recalls cause concern
(DBN)

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Education:

Withered rose — What the collapse of a 103-year-old college reveals about the higher ed debt crisis
(DBN)

The endowment paradox — What a distressed university can put on the table for creditor recoveries
(DBN)

Corporate distressed M&A vs. distressed university M&A — Understanding the difference
(DBN)

Provost of Dartmouth Busted Using AI for His Own Writing in Newspapers and Academic Journals
(DBN)

Education Department formally rescinds Title IX protections for LGBTQ students
(DBN)

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Sports:

When the Broadcast Model Breaks: RSN Distress and the Fallout for Teams
(DBN)

Above Par: Precedent for LIV Golf's Bankruptcy • Bryson DeChambeau undecided over his future with LIV Golf reaching crunch time, 'the clock is ticking' 
(DBN)

The Man City verdict and how much their era of success could have cost the rest of football
(DBN)

Senate approves sweeping bill to regulate college sports • Aimed at regulating NIL deals
(DBN)

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Military:

The Navy's shipyard overhaul could take 50 years, cost $200 billion
(DBN)

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Recreation:

Americans quit bowling, arcades as leisure sector pain grows
(DBN)

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Telecom:

Creditors Sue Optimum and Patrick Drahi, Alleging ‘Fraudulent’ Deal-Making
(DBN)

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Solar:

Central Florida Solar Installer Bankruptcies Leave Homeowners With Liens on Their Homes
(DBN)

Second federal judge overturns $7B Solar for All cancellation
(DBN)

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Agribusiness:

‘Is it really worth it to keep going on?’ Economic pain hits America’s farm belt
(DBN)

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Tax:

U.S. Treasury targets ETF tax-avoidance strategies in Wall Street crackdown
(DBN)

AICPA Requests Modifications to Interim CAMT Guidance Application for Financially Troubled Companies
(DBN)

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Assisted Living:

Shaken by ‘11th hour’ squabbling, $1B Genesis bankruptcy deal faces unexpected make-or-break test
(DBN)

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Utilities:

PREPA bankruptcy enters new phase
(DBN)

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Images:

Lenders May Seize Getty Images in Bankruptcy
(DBN)

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Cameras:

Leica's $7,000 Cameras Pulled It Back From the Brink of Bankruptcy
(DBN)

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Healthcare:

Healthcare Distress Splits Restructuring Playbook Across Hospitals, Medical Practices and Senior Living Spaces
(DBN)

More Hospitals Are Being Bought By Private Equity; Here's How It's Changing Healthcare
(DBN)

Looming change to Medicaid work requirements sparks concern
(DBN)

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Retailing:

Mastercard Economic Institute: Holiday spending to rise 5.5% year over year
(DBN)

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  New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Litigation Finance:

Burford Looking at $1.4 Billion Payday After Apple Patent Ruling
(DBN)

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Mass Torts:

Judge postpones critical hearing in Archdiocese of Baltimore bankruptcy • To provide more time for negotiations
(DBN)

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D&O:

Scottsdale says creditors exclusion bars D&O coverage for BioQ
(DBN)

Director Checklist for D&O Policies: 10 Key Terms and Provisions Boards Should Assess
(DBN)

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Non-Debtor Releases:

U.S. Chamber files amicus brief urging Fifth Circuit to reject bankruptcy trustee’s argument that plans may not employ “opt-out” methods
(DBN)

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Aviation:

Boeing 737 Max 10 certification delayed by software issue, FAA says
(DBN)

Pantless passenger probed
(DBN)

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Rail:

What impact does Brightline’s bankruptcy have on Vegas-to-So Cal high-speed rail project? • Assured Guaranty Faces Enhancing Recovery Prospects Relating to Brightline Bankruptcy, UBS Says • Brightline Creditors Object to $258 Million Bankruptcy Loan
(DBN)

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Tech:

FTC Chair Says Companies Cannot Blame AI Agents For Their Actions
(DBN)

AI agents promise to do everything for you. There may be a big wrinkle in that plan
(DBN)

PwC's huge survey of 50,000 workers says AI is splitting employees into 4 distinct groups
(DBN)

I used an AI detector for a month. What I found from my peers, dates, and heroes horrified me
(DBN)

Could AI really take over the internet? Here's what experts say.
(DBN)

OpenAI Halts Frontier Model Training as Rogue Agent Crisis Deepens • OpenAI scraps release of new AI model over safety concerns
(DBN)

Trump is selling an AI 'golden age' as fears about perils spiral
(DBN)

Contradicting Trump, Pope Leo says artificial intelligence safety concerns not ‘fake news’
(DBN)

Anthropic warns of ‘existential risks to humanity’ in IPO prospectus • Anthropic IPO prospectus shows surging costs
(DBN)

Mistral CEO says U.S. AI safety debate masks competitors’ ‘negligence’
(DBN)

Florida Seeks Limits on OpenAI Model Development
(DBN)

Mike Johnson Claims AI Doomsday Warnings Are a ‘Chinese Psyop’
(DBN)

Debate over AI regulation pushed past midterms
(DBN)

Nvidia turns to insurers to spread the risk of AI build-out
(DBN)

OpenAI Tried to Hide ChatGPT Giving Extremely Specific Advice to a School Shooter on How to Maximize Casualties. The Logs Are Horrific.
(DBN)

Scientists Download Frontier AI Model Into Self-Driving Car Let It Loose
(DBN)

Michael Burry believes the AI bubble 'may burst' sooner than he first believed
(DBN)

Private List Warns Woman of "Over a Hundred" Allegedly Predatory Men in Silicon Valley
(DBN)

TikTok Agrees $100m Alabama Teen Safety Settlement
(DBN)

Workers Are Spending An Astonishing Amount of Their Own Money On AI for Their Jobs
(DBN)

You Know Those Three Brothers Who Buy Struggling News Sites and Turn Them Into AI-Powered Content Farms? It Turns Out One of Them Has Extensive Connections to Ghislaine Maxwell
(DBN)

Man Says Meta's Muse AI Gave His Home Address Out to Strangers
(DBN)

Data Center Operator Slapped With $1 Million Fine for Belching Noxious Gas Into Surrounding Community
(DBN)

Trump’s Stargate AI Project in Huge Trouble As $18 Billion Data Center Shrivels Toward Oblivion
(DBN)

Nvidia CEO Jensen Huang Says That Sacrificing Our Children’s Minds to AI Is a Price He’s Willing to Pay
(DBN)

Data center $10,000-per-household idea called 'bribe' by neighbors
(DBN)

News outlets ask court to give ‘little weight’ to DOJ support for OpenAI in copyright dispute
(DBN)

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Summer Camps:

'Highly unusual': Camp Mystic asks to sell land to investors who will keep it a camp amid bankruptcy • Camp Mystic owners seek to sell the century-old Texas girls’ camp after the 2025 flood; the bankruptcy plan puts its entire 749-acre riverfront property up for auction while families of victims fight over its future
(DBN)

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Insurance:

Golden Gate Sued Over Insurer’s $2.2 Billion Capital Shortfall
(DBN)

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Crypto:

How political tensions over Trump family crypto ventures derailed Clarity Act
(DBN)

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UK:

Earlier action, faster recovery, tougher on fraud: Insolvency Service launches strategy to strengthen confidence and growth
(DBN)

Bust shadow bank’s empty coffers spark hunt for missing £2bn
(DBN)

Edinburgh University Staff Strike as UK Funding Disputes Spread
(DBN)

Opposing foreign investment only adds to the SME bankruptcy problem
(DBN)

Over 600 jobs lost as UK recycling firm in £85m liquidation
(DBN)

Dundee university might have too much cash to qualify for its taxpayer bailout
(DBN)

Company behind several holiday parks files for bankruptcy
(DBN)

Ex-England captain Dallaglio to sell World Cup winner's medal • Rugby star Lawrence Dallaglio takes drastic step amid bankruptcy woes
(DBN)

Andy Burnham warned UK households will go bankrupt due to £1,800 cost
(DBN)

Confusion around the UK bomb plotting probe
(DBN)

Growth outlook remains negative for the rest of 2026
(DBN)

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Canada:

Toronto experiencing 'the lowest creation of new homes in 40 years': Butler
(DBN)

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MENA:

OpenWeb seeks insolvency protection as former Israeli unicorn faces cash-flow crisis
(DBN)

One side just overplayed its hand in Iran
(DBN)

U.S. and Iran expected to continue talking this week through mediators • U.S., Iran hold separate mediator talks as Mideast oil exports hit war-time high
(DBN)

Donald Trump denies offering Iran sanctions relief if progress made on nuclear issues
(DBN)

Saudi Arabia's strategic East-West Crude Oil Pipeline operational again
(DBN)

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South Korea:

Elderly bankruptcy surges 70% as youth filings drop 30% • Bankruptcies and rehabilitations surge across South Korea as court load shifts
(DBN)

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Australia:

Regulator ASIC meets with major insolvency firms to assess market risks of private credit
(DBN)

Gold Coast developer jailed for misusing $2.3m in investor funds
(DBN)

Australia says more hikes not off the table after raising rates to 15-year high
(DBN)

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China:

China unveils rate cut, mortgage subsidies to spur growth
(DBN)

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Cayman:

Insolvency lawyer joins Grand Court bench
(DBN)

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Russia:

Putin orders army expansion as Zelenskyy warns Russia preparing to deploy 10,000 North Korean troops
(DBN)

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Spain:

Broseta hires Víctor Fernández as litigation and Insolvency partner
(DBN)

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India:

Subhash Chandra settlement puts focus on ED’s insolvency fraud probes
(DBN)

India doesn’t need a better insolvency law; it needs a turnaround ecosystem
(DBN)

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