August 4, 2026

The Daily Bankruptcy News

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Law:

Big Law’s New Elite Will Build Institutions, Not Just Buy Talent
(DBN)

Bidding War in Big Law Accelerates as Law Firms Lean on More Comp Incentives
(DBN)

Boozy lunches still on the menu: Law firms bankroll juniors to schmooze clients in the City
(DBN)

Threat or Opportunity? Clients Ask Law Firms for Their Data Back
(DBN)

Matthew Thomas Is Right: Good Legal Judgment Can’t Be Automated
(DBN)

AI Agent Insurance Points to Future of Law Without Lawyers
(DBN)

Offshore firm Mourant sells stake in private equity rush for legal deals
(DBN)

Did Paul, Weiss Partners Seriously Debate Running The Firm’s Business Past Stephen Miller?
(DBN)

More Paul Weiss Litigators Head to Linklaters to Join FIFA Lawyer
(DBN)

Paul, Weiss’s Multimillion-Dollar Secret Deal To Get Its First Openly Trans Partner Out Of The Firm
(DBN)

ABA Addresses Aggressive Law Firm Recruitment Practices Amid Student Concerns
(DBN)

New Florida Bar Head Aims High with Major Structural Review
(DBN)

California Judge Upholds Kirkland & Ellis in Trade Secret Defense, Sets High Bar for Disqualification
(DBN)

SCOTUSblog founder Tom Goldstein appeals fraud conviction
(DBN)

Test-takers with accommodations in Washington were able to finish NextGen UBESome Law Grads Were Actually Able To Take The Washington Bar Exam — And They Deserve Diploma Privilege Too
(DBN)

New pathway to bar approved in this state
(DBN)

Attorney accused of defrauding multiple clients of more than $855K
(DBN)

Trump’s Meddling in Justice Dept. Causes Problems of His Own Making
(DBN)

DOJ says it never investigated Rep. Luna over insider trading
(DBN)

DOJ Challenges Susman Godfrey’s Role in ABA Lawsuit: Ethics and Conflicts at Stake
(DBN)

MAGA figures push to oust DHS chief Markwayne Mullin over immigrationA federal judge lets DHS proceed with a border wall through a small Texas town’s levee systemJudge won't disturb Trump's border 'Smart Wall' project despite 'understandable concerns'
(DBN)

Anti-cop license plates are protected as free speech, 4th Circuit rules
(DBN)

Cornyn reaches deal on 'anti-weaponization fund' to allow Blanche nomination to proceedThe Trump Slush Fund Is Dead. Long Live The Trump Slush Fund.Trump immunity memo remains while Todd Blanche rescinds anti-weaponization Blanche Pantsed By Trump Rants Trump walked into a 'trap' as he hung his own nominee out to dry: Conservative stalwartfundFury as Senate Republican 'blinks' first in 'kabuki standoff' with Trump: 'Pathetic'Senate appears ready to advance Todd Blanche for attorney general after Cornyn strikes dealThe major holes in Todd Blanche’s concessions to Cornyn and TillisFaux Deal Ends Faux Fight Over Blanche Nomination
(DBN)

A Year After DC Federal Surge: Cases Dropped, Lives Uprooted
(DBN)

Trump: Pirro ‘choked,’ ‘folded like an umbrella’ in Reflecting Pool case Donald Trump Likely To Fire Jeanine Pirro For Having One Foot In RealityTrump doesn’t fire Pirro at White House meeting hours after saying she ‘choked’ over Reflecting Pool case
(DBN)

Defense lawyer blasts most 'disturbing' DOJ threats case you probably never heard about
(DBN)

Epstein ‘gamechanger’ flagged by legal expert in fight to force full file release
(DBN)

Cops Mistype Username, Send Innocent Man to Prison for 18 Months
(DBN)

FBI agent is accused of taking cryptocurrency from suspect’s accounts
(DBN)

Skull found in shopping bag leads to murderer being caught six years later after chopping up victim’s body
(DBN)

Man set spike traps to keep kids off his lawn
(DBN)

Man hunted down his roommate before stabbing him to death with a machete: Police
(DBN)

Domino's employee ends fight in kitchen between co-workers by killing one of them: Cops
(DBN)

Grown man stabbed 12-year-old cousin after boy tried to take back his gaming system: Cops
(DBN)

Dad 'reached a breaking point' and stabbed his baby 17 times, child's mother 38 times
(DBN)

Lawsuit: Connecticut Comcast workers tied low-performers to chairs, smashed pies in their faces
(DBN)

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Judges:

Jackson Walker to Pay $15 Million to End Judge Scandal SuitTexas law firm agrees $15mn settlement over judicial scandal Jackson Walker’s Workplace Romance Exposes Broader Implications for Corporate Ethics and CultureJackson Walker LLP Settles $15 Million Case, Enhancing Conflict of Interest Protocols
(DBN)

U.S. Bankruptcy Judge Ronald B. King to Receive the 2026 American Inns of Court Bankruptcy Distinguished Service Award
(DBN)

Kamala Harris says the US Supreme Court should expand to 13 justices
(DBN)

Before He Wrote Opinions, He Broke Tackles
(DBN)

A court trapped in amber
(DBN)

States challenging executive order on mail-in voting ask justices to leave in place limits on its implementation
(DBN)

Trump’s mail voting appeal tests Supreme Court’s anti-chaos election rule
(DBN)

Just admit it: The Supreme Court is political
(DBN)

How a fringe idea about race took over the Supreme Court
(DBN)

Nolan Wells mystery sparks arrest after judge mom of tragic teen’s friend harassed with death threats
(DBN)

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Wall Street:

Dow futures jump 400 points
(DBN)

Dow notches record close, S&P 500 and Nasdaq log third straight day of gains
(DBN)

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Layoffs:

Long Beach Proposes 260 Layoffs to Close $58 Million Budget Gap
(DBN)

Magic Leap to Cut 193 Jobs
(DBN)

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Healthcare:

Morrison Hospital Association Reports Stability Amid Bankruptcy Case
(DBN)

Medicaid cuts put rural hospitals and economies at risk
(DBN)

Medicaid's work requirement crunch arrives
(DBN)

Rep urges hospital property owner to ‘cut a deal’ and ‘get out’
(DBN)

Superbug confirmed in 23 states: Where is the deadly fungus spreading in 2026?
(DBN)

RFK Jr. endorses measles vaccine amid rising US infections
(DBN)

America Getting Lesson in Consequences of Trump’s War on Public Health as Rare Disease Outbreaks Ravage the Country
(DBN)

It Appears That the US Military Accidentally Killed Everybody on Board a Civilian Medevac Flight in New Mexico
(DBN)

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Fraud:

Welfare doesn’t check if you’re really you, and fraudsters have noticed
(DBN)

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Sports:

LIV Golf Faces Imminent Bankruptcy and Mass Layoffs as Saudi Funding Dries Up
(DBN)

Under-fire FIFA boss Gianni Infantino begs Trump White House to save his job, set for talks with Marco Rubio: sources
(DBN)

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Tech:

Final vote looms on eminent domain for zoo-adjacent data center
(DBN)

Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines
(DBN)

AI will soon be better at math than any human. What does that mean?
(DBN)

White House finalizes AI framework behind closed doors
(DBN)

The Number of Regular People Being Arrested for Protesting Data Centers Is Astounding
(DBN)

AI slop claims its latest victim: Wagner’s Ring
(DBN)

Mark Zuckerberg’s Wife Shuts Down School for the Disadvantaged, Pivoting to AI Instead.
(DBN)

Poll Finds Overwhelming Majority Disgusted by Trump’s Relationship With AI Industry, Saying He’s Using the Tech to Tear Down Democracy
(DBN)

Tech Bro Boasts He Used AI to Secretly Monitor Toddlers’ Conversations, Categorize Them In Giant Database
(DBN)

SpaceX Vows to Keep Poisoning Nearby Towns With Its Fume-Belching Data Center For Another Year
(DBN)

SpaceX’s Bumpy Ride on the Stock Market May Get BumpierSpaceX is testing market gravity
(DBN)

Data center approvals in Texas halted until audits completed, Gov. Greg Abbott says
(DBN)

Top Consulting Group PwC Caught Using AI on “Thought Leadership” Report About AI, Resulting in Corporate Document Filled With Bizarre Hallucinations
(DBN)

I Helped Run Lululemon. Let Me Tell You How the A.I. Revolution Is Really Going.
(DBN)

AI exacerbates ‘class divide,’ progressive poll shows
(DBN)

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Weight Loss

Welcome to Ozempic town USA
(DBN)

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Economy:

Fed's Williams expects inflation to ease, says Fed will act if it doesn't
(DBN)

The Fed Needs to Start Listening to Normal People
(DBN)

Scott Bessent’s yen intervention signals new era of US ‘currency activism’How big was the American JPY intervention?
(DBN)

Ex-Trump aide: White House ‘trying to gaslight’ Americans with economic message
(DBN)

What happens if the Fed holds fewer policy meetings
(DBN)

America’s retirement nightmare has arrived
(DBN)BOJ says global AI demand could have sticky inflationary effect
(DBN)

Will Trump let Thune avoid a government shutdown?
(DBN)

Disappointed by your skimpy pay raise? Blame your healthcare benefits.
(DBN)

Worst impacted states if Social Security funding runs out
(DBN)

Tariff refunds split companies as consumers demand share of $166BAmazon says it got $600 million in Trump tariff refunds and will pass return along to some customers
(DBN)

US states accuse Trump administration of ‘sham’ tariff probe AG Kris Mayes files 3rd lawsuit to block Trump tariffs, warns businesses face ‘existential’ threat
(DBN)

Power Failure: Rising Energy Debt Is Climbing into the Middle Class
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Freddie Mac House Price Index Increased in June; Up 2.1% Year-over-year
(DBN)

Mamdani’s Rent Freeze Heaps Pressure on a Teetering CMBS Deal
(DBN)

The case for turning golf courses into affordable housing
(DBN)

Texas distress report: struggling syndicators push troubled CRE loans over $1B
(DBN)

Aggressive HOAs are running out of money and foreclosing on more residents than ever before
(DBN)

For the first time in 50 years, it’s now cheaper to buy a new home than an existing one
(DBN)

How Much Do You Need to Earn to Afford a Modest Apartment in Your State?
(DBN)

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Municipalities:

Arizona fire district stops emergency response, files bankruptcy
(DBN)

NY comptroller candidate warns Mamdani tax could drive this city into bankruptcy
(DBN)

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Oil/Gas:

‘In Trump we trust’: Why the oil market keeps believing him
(DBN)

Big Oil Warns Global Fuel Stocks Are Running Dangerously Low
(DBN)

Trump Hits Exxon, Chevron for Profits Amid Iran War He Launched
(DBN)

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Tax:

A Tax Strategy for the Rich Built the World’s Largest Hedge Fund
(DBN)

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Politics:

Tracking approval and key issuesAs he wrestles with the monumental and the absurd, Trump forgets what voters want
(DBN)

GOP senator on Trump’s Reflecting Pool vandalism claims: ‘He grows anxious when he has an unexpressed thought’Burgum weighs in on alleged Reflecting Pool vandalism case after DOJ dismissalProsecutor in D.C. Moves to Dismiss More Reflecting Pool Cases
(DBN)

Krugman: The Oligarchs are Doubling Down on Republicans
(DBN)

For Trump, the Year Is Always 2020
(DBN)

Senate Republicans see Trump as a growing political liability
(DBN)

Loomer's Ukraine reversal deepens split in Trump's 'America First' movement
(DBN)

Hegseth struggles to sell Senate on Iran war funding
(DBN)

Buttigieg ‘more inclined than not’ to run for president in 2028
(DBN)

Capital One says Trump Organization accounts were closed after money laundering review
(DBN)

The silence on Vance’s anti-Jewish conspiracy theories speaks volumes
(DBN)

Senate spending bill blocks interim rule on politicizing federal research grants
(DBN)

Republicans want to talk about James Talarico’s manhood. Talarico says let them.
(DBN)

Rep. Max Miller bizarrely posts audio of ex-wife accusing him of drug use, ‘finding needles by his bed’Rep. Max Miller not dropping out after domestic abuse allegationsWhat to know about the recent abuse allegations impacting GOP Rep. Max Miller’s reelection raceSen. Bernie Moreno says former son-in-law Rep. Max Miller 'should not serve' in Congress over abuse allegationsMAGA pushes president to call on Max Miller to drop out amid abuse allegationsConcern about Max Miller quietly grows among RepublicansTrump faces growing pressure to intervene in Miller scandal
(DBN)

Lindsey Graham's sister breaks up with Trump on hot-button issue
(DBN)

Pam Bondi Implicated in As Much As $5.5 Million in Insider Trading
(DBN)

Ethics panel urges censure of Rep. Chuck Edwards over sexual harassment violation
(DBN)

Just how badly did Democrats lose the redistricting wars?
(DBN)

High-stakes Michigan primary tests progressive clout and the Democratic direction
(DBN)

‘The Democratic Party is asleep at the wheel’: Democratic socialists are strategizing for their biggest moment yet
(DBN)

Rogers beats El-Sayed, loses to Stevens in Michigan Senate poll
(DBN)

Democratic socialists face a prove-it moment in battleground Wisconsin
(DBN)

Former Senator Joe Manchin says no to backing any socialist candidates
(DBN)

Paxton trails Talarico by 2 points in new Texas Senate poll
(DBN)

Federal review finds Trump’s DC arch to adversely affect 37 other landmarks
(DBN)

Mike Lindell accused of illegal pillow giveaway while campaigning for Minnesota governor
(DBN)

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Entertainment:

Careful what you bid for: The Ellisons’ Paramount/WBD deal is slipping toward a costly legal and financial cliff
(DBN)

Trump FCC chief in hot water after getting caught taking luxury gifts from Paramount
(DBN)

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Climate:

U.S. wildfire season exceeds 10-year average
(DBN)

Hungary’s only nuclear plant on brink of shutdown as Europe heat wave threatens energy crisis
(DBN)

Europe's shrinking rivers curb power output, transport and company earnings
(DBN)

Record low Danube levels push some countries in Eastern Europe to the brink of energy emergency
(DBN)

Europe's hot, dry summer takes its toll with fires in France and Greece, and drought in the UK
(DBN)

Record heatwave spreads across Korean peninsula, prompting emergency response
(DBN)

Washington state fires destroy hundreds of structures and force Spokane-area residents to evacuate
(DBN)

London records first dry month in 150 years
(DBN)

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Telecom:

Cable One Creditors Organize, Pressuring Plans for New Capital
(DBN)

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Furniture:

Sleep Number Completes $529.5 Million Asset Sale
(DBN)

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Solar:

SunPower bankruptcy left one homebuyer with rooftop panels, title questions, and possible debt
(DBN)

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Religion:

Hate crimes against Jewish New Yorkers surge amid heightened antisemitism
(DBN)

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Coal:

Omnis Pleasants reports 600+ creditors, 70 in WV amid uncertain coal plant future
(DBN)

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Trucking:

92-year-old freight company turns rival bankruptcy into profit
(DBN)

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Software:

Could Oracle Go Bankrupt – Really?
(DBN)

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Debt Collection:

Debt collectors are increasingly flooding courts to recover unpaid debt, but many are ignoring the lawsuits
(DBN)

Do Creditors Actually Win Most Debt Collection Lawsuits?
(DBN)

US growth leads to record profit for debt collector
(DBN)

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  New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (39 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Bankruptcy Filings Up 12.2 Percent From 2025
(DBN)

Bankruptcy Cases Filed, Terminated, and Pending—During the 12-Month Periods Ending June 30, 2025 and 2026Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the 12-Month Period Ending June 30, 2026Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the One-Month Periods Ending April 30, May 31, and June 30, 2026, Based on Data Current as of June 30, 2026Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the Three-Month Period Ending June 30, 2026Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code, District, and County—During the 12-Month Period Ending June 30, 2026
(DBN)

Private equity continues disproportionate role in 2026 bankruptcies
(DBN)

The Bankruptcy Revolving Door
(DBN)

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Bankruptcy Crimes:

Raleigh Business Owner Sentenced to Prison for Bankruptcy Fraud
(DBN)

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Cross-Border:

Heightened Scrutiny on Potential Bankruptcy Tourism
(DBN)

Papaya Gaming Seeks Chapter 15 Bankruptcy Protection Amidst $719 Million False Advertising Judgment‘Solitaire Cash’ Maker Papaya Files Chapter 15 Over $719M Skillz Verdict
(DBN)

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Mass Torts:

Vi-Jon LLC Commences Chapter 11 Process to Implement Global Settlement Resolving Alleged Legacy Talc-Related Liabilities
(DBN)

Archdiocese of Baltimore returns to court in bankruptcy case
(DBN)

Uniroyal Files for Bankruptcy Over Asbestos Claims
(DBN)

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Corporate Governance:

DE: Controversial corporate law bill passes Senate
(DBN)

Board Flips in Distress Situations
(DBN)

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Intercreditor:

Serta Simmons Bedding: The Fifth Circuit’s Uptier Decision and The Landmark Damages Ruling on Remand
(DBN)

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Aviation:

The Mysterious Case of the JetBlue Flight That Went Into Free Fall
(DBN)

India’s IndiGo struggles to emerge from turbulence
(DBN)

Urgent warning as Gatwick Airport 'running out of fuel' amid summer holidays

____________

Celebs:

Stassi Schroeder Responds After TikTok Revives Beau Clark Bankruptcy Claims
(DBN)

Feds scrutinize KGO's Ronn Owens and wife over GoFundMe spending
(DBN)

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Cannabis:

Marijuana use trumps cigarettes in US, new study finds
(DBN)

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Autos:

Aston Martin creditors threaten legal action after branding rights sale planAston Martin, bankrupt again?
(DBN)

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Education:

Major California school district in crisis mode amid mass student exodus
(DBN)

Religious scholars say risks outweigh benefits of Texas Bible curriculum
(DBN)

The Campaign to Force Genital Exams on Girl Athletes
(DBN)

Brown’s President Will Resign After a Tenure That Included Trump Deal
(DBN)

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Food/Beverage:

McDonald’s U.S. Sales Slow as Consumers Spend More Cautiously
(DBN)

The hidden cost of Mamdani’s plan for cheap groceries
(DBN)

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Hotels:

Springfield hotel at the center of lawsuit now up for bankruptcy sale
(DBN)

Downtown Lubbock hotel accepting bids amid bankruptcy filing
(DBN)

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Satellites:

Filing Alert: Hughes Chapter 11With subscriber counts decimated by Starlink, Hughesnet files for bankruptcyWhat next for Hughes after bankruptcy filing?
(DBN)

Charlie Ergen's EchoStar Loses 241,000 Pay TV Subs in Second Quarter
(DBN)

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UK:

TS Travels Group assigned liquidators as travel company website disappears from internet
(DBN)

HMRC Joint Liability Notices and personal liability exposure: a growing risk for directors and insolvency professionals
(DBN)

Trump claims UK is ‘bankrupt’ as he calls for Burnham to resume drilling in the North Sea
(DBN)

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EU:

Euro zone factory output near 4 1/2-year high in July but demand still weak, PMI shows
(DBN)

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Canada:

Final Bell files for bankruptcy with $46.6 million owed
(DBN)

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MENA:

Lahav 433 questions figure close to senior Likud circles over alleged concealment of assets
(DBN)

Dentons - Directors' duties in light of the declaration of an "Emergency Financial Crisis" period under the UAE Bankruptcy Law
(DBN)

For Iran, Trump’s Reversal on Escalation Shows Who Has the Upper HandTrump tells Iran he wants a Hormuz deal imminently Tiny militias threaten to draw Middle East into forever warDisturbing mural showing toppled Statue of Liberty emerges in Iran amid chilling threatsIran denies negotiating with US after Trump announces talksTrump insists Iran talks are underway despite Tehran's 'duplicitous' denialsTrump rips ‘unbelievably duplicitous’ Iran for denying peace talks after he scrapped weekend strike plansTrump snaps back to diplomacy, but Iran has other ideasUS-Iran diplomatic efforts collapseThe deal, and call, behind Trump’s climbdown on Iran strikes
(DBN)

Iranian tanker tolls: totally legit after all?
(DBN)

Israel wary of Hamas disarmament deal, citing ‘serious security concerns’
(DBN)

Inside Israel’s failed plan to topple Iran’s regime
(DBN)

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Mexico:

Mexican drug lord arrested for allegedly ordering influencer’s live-streamed murder — after she broke up with his son
(DBN)ƒf

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Japan:

The message beneath the yen intervention
(DBN)

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China:

China races to own the industries of the future
(DBN)

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Venezuela:

Energy Dept. draws fire for slow pace of Venezuelan oil deals
(DBN)

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Cuba:

Cuba faces sixth nationwide blackout as electrical grid collapses
(DBN)

Cubans sleep on seaside boardwalk to seek relief from crippling blackouts and summer heat
(DBN)

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Spain:

The fallout from the Ceuta border rush shows extreme, populist views are now mainstream
(DBN)

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Russia:

Russian food crisis looms with 'every fifth farmer facing bankruptcy'
(DBN)

Russia’s Only Domestic TV Maker Declared Bankrupt
(DBN)

Russia Is Running Out of Soldiers, Oil, and Time
(DBN)

Zelensky’s ‘WW3’ masterstroke? How drawing Iran into Ukraine war could spell doom for Putin’s invasion…with Trump’s help
(DBN)

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India:

Panel makes dedicated IBC benches at NCLT mandatory
(DBN)

Rera extension may save stalled housing projects from insolvency risk
(DBN)

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Australia:

Former Hellyer mine bosses face $8.5 million bankruptcy after losing federal court case
(DBN)

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