May 26, 2026

The Daily Bankruptcy News

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Law:

Payday For General Counsel Is Impressive
(DBN)

The Biglaw Firm That Dominates Lateral Hiring
(DBN)

Biglaw’s Lockstep Era Continues To Crack As Top Firm Announces Partner Bonus Pool
(DBN)

Company Hands Law Firm Hiring Over To AI Bot — What Could Possibly Go Wrong?Uh-oh: Company decides to let AI rate and pick its law firms
(DBN)

Lawyers planned to fool AI with 'invisible ink' prompt in documents
(DBN)

ChatGPT Confesses to a Crime It Didn’t Commit
(DBN)

Goodbye Broadview 6, Hello Broadview Sanctions
(DBN)

Paul, Weiss Loses Two More Litigation Partners. The Firm Would Like You To Know Everything Is Fine.
(DBN)

Partner sanctioned lawyers for not bringing in sweets
(DBN)

In-house lawyers rate quality of advice higher than fees or relationship
(DBN)

Firm threatened to ruin lawyers' careers unless they agreed to its client's demands
(DBN)

Former Texas US attorney for the Southern District arrested, charged with felony hit-and-run
(DBN)

Law School Graduates Focus on Trump and Rule of Law
(DBN)

Grads of non-ABA-accredited law school can sit for Washington state bar exam
(DBN)

UC Berkeley Law School restricts use of AI by students
(DBN)

OpenAI grows stable of law firms for high-stakes lawsuits, deals
(DBN)

Trump Administration to Force Foreigners in the US to Apply for a Green Card AbroadSherrill denied access to ICE detention facility in New Jersey
(DBN)

When Did The First Amendment Become A Money Printer?
(DBN)

Man tells Trump 'I'm gonna kill you in the most brutal way possible': Feds
(DBN)

Indicting Former DOJ Lawyer Tells You Exactly How Bad The Jack Smith Report Must Be For Trump
(DBN)

Todd Blanche pulls his most eyebrow-raising move yet
(DBN)

Trump’s Justice Department scrubs its website of news releases about Jan. 6 defendants
(DBN)

Attorney general files request to resume ballroom construction, citing latest White House shooting
(DBN)

Blood relations: NYPD cops under fire for flashing symbols of NYC’s most violent gang
(DBN)

Cops: Woman Hid Wine Bottle On Person
(DBN)

Crimes involving fake ICE agents are on the rise and becoming ‘much more aggressive and violent’
(DBN)

Suspect dead, bystander wounded after exchange of gunfire near White House: Secret Service
(DBN)

Garbage truck 'compressed' woman's body, dumped her in alley to die, lawsuit says
(DBN)

DoorDash driver may be in even more trouble after allegedly sucker-punching 75-year-old
(DBN)

Woman held boyfriend's 4-year-old in dungeon-like room, fatally beat her from head to toe
(DBN)

Man getting tattoo at friend's house guns down artist after argument, then walks away with the gun
(DBN)

'Lucky day': Father pulled gun on bus driver because his kids were yelled at, deputies say
(DBN)

Car parts exchange turned into deadly fight over whether Mercedes or BMW was better
(DBN)

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Judges:

With Big Decisions Ahead, the Supreme Court Collides With a Testy Trump
(DBN)

Trump fires warning shot at SCOTUS as major citizenship showdown looms: ‘It will be a disaster’
(DBN)

Redistricting ruling roils Supreme Court with corruption, bias claims
(DBN)

SCOTUS Opinions Keep Getting Snippier — And There May Be A Reason Why
(DBN)

House Democrats take on the Supreme Court shadow docket
(DBN)

Something Just Happened At The Supreme Court That Has NEVER Happened Before
(DBN)

Trump admin tells DC Circuit it did nothing wrong in bid to end Boasberg contempt inquiry
(DBN)

Judges Should Not Weaponize Delays To Force Compromises
(DBN)

Oral arguments are taking forever. Supreme Court justices have had enough
(DBN)

Judge dismisses Kilmar Abrego Garcia’s criminal indictment as vindictive by Trump DOJ
(DBN)

Pro-Palestinian Activist Mahmoud Khalil to Appeal to US Supreme Court to Avoid Re-Arrest
(DBN)

Appeals court allows Raskin to argue against DOJ in Proud Boys dismissal case for Jan. 6
(DBN)

Judge exposes DOJ grand jury 'behavior' she's 'never seen' before, threatens sanctions
(DBN)

Trump Judge Throws Out Michael Wolff’s Bid to Sue MelaniaMichael Wolff chastised by federal judge for 'preemptively' suing Melania Trump
(DBN)

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Wall Street:

Dow futures rise 200 points on tentative hope U.S.-Iran deal is close
(DBN)

CNBC’s Andrew Ross Sorkin Warns ‘Crash Is Coming’ — But CEOs Too ‘Scared’ to Stand Up to Trump
(DBN)

The Stock Market Has Never Been So Good When People Have Felt So Bad
(DBN)

How the AI revolution has turbocharged M&A
(DBN)

If you think you understand bonds, you don’t
(DBN)

Bond slump stirs vigilante fears
(DBN)

One Number From SpaceX’s Pre-IPO Disclosures Reveals Just How Fragile This Business Really IsSpaceX IPO: Why It Could Burst the AI BubbleIndian-origin investor who saved SpaceX from bankruptcy in 2008, now eyeing $128 billion IPO paydayGibson Dunn, Davis Polk Grab Roles in SpaceX’s Largest-Ever IPO
(DBN)

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Layoffs:

Intuit to slash workforce by 17%
(DBN)

Wix to cut 1,000 jobs in largest layoff round in company history
(DBN)

LAUSD Finalizes Hundreds of Job Cuts, Many More to Come
(DBN)

TriMet layoffs: 170 workers face layoffs
(DBN)

What ClickUp's mass layoff tells us about the future of work
(DBN)

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Food/Beverage:

Wendy’s: The Burger Chain That Dared To Be Different Fights for Survival
(DBN)

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Tech:

I saw up close the dark reality of OpenAI’s race to create god
(DBN)

Pope Leo compares AI threat to biblical 'Tower of Babel'Pope Leo warns AI is fueling conflict, urges world to ‘slow’ advances
(DBN)

Meta Settles First Major School Lawsuit Over Teen Mental Health Crisis
(DBN)

China’s Huawei touts chip design breakthrough in bid to defy U.S. sanctions
(DBN)

SpaceX, OpenAI and Anthropic IPOs set to test limits of AI boom
(DBN)

AI guardrails stripped from Meta and Google models in minutes
(DBN)

Top AI Models Showing Disturbing Behavior as They Become More Advanced
(DBN)

ECB summons banks to urge them to fix flaws exposed by latest AI models
(DBN)

Graduating Students Cheer as Steve Wozniak Tell Them Human Intelligence Still Matters
(DBN)

The new Luddite movement
(DBN)

Two Men Arrested for Creating AI Deepfake Porn
(DBN)

Paul Schrader Says His AI Girlfriend Dumped Him
(DBN)

Google’s plan to run your life could break the internet
(DBN)

BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
(DBN)

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Student Debt:

Student Loan Borrowers Get Bad News About Their Interest Rates Next Year
(DBN)

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Agribusiness:

Bankruptcy on rise for MN farmers
(DBN)

Fertilizer groups cut production as Iran war squeezes sulphur supplies
(DBN)

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Culture:

The Real Lesson of Elon Musk’s Outrage at Christopher Nolan
(DBN)

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Personal Genomics:

CIA accused of using Ancestry and 23andMe to 'hunt down' alien bloodlines in millions of DNA tests
(DBN)

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Economy:

61% of Americans Said They Had to Cut Back on Groceries
(DBN)

Beef prices soar as Americans prepare for Memorial Day cookouts
(DBN)

What the Iran War Is Costing You
(DBN)

The Wall Street Journal board warns Trump against ‘economic bailout’ in Iran deal
(DBN)

Kevin Hassett says ending Iran war may create room for Fed rate cut
(DBN)

Trump tells Warsh to do ‘own thing’ as Fed chair sworn in
(DBN)

Millennials spend $252 on an average date, BMO finds — and social media is spiraling over ‘date-flation’
(DBN)

Consumer sentiment hits fresh record low in May as Iran war fuels inflation worriesConsumer sentiment falls to new low; cost of living ‘first-order’ worry
(DBN)

Bond yields are nearing the danger zone
(DBN)

Wall Street bets on 2026 rate rise as Kevin Warsh takes charge of the Fed
(DBN)

US consumers face looming spending squeeze as Trump tax rebates fade
(DBN)

US Treasury rout tests Washington's tolerance for higher borrowing costs
(DBN)

Iran war could add billions of dollars in interest payments to US debt
(DBN)

USA heading toward national debt crisis?
(DBN)

The Midwestern exodus is finally ending
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Nied Ownership Chapter 11: Sole Secured Creditor Moves to Dismiss on the Eve of Foreclosure Auction
(DBN)

Home Loans Are Becoming Less Affordable in These States
(DBN)

‘Zombie’ home foreclosure numbers in second quarter increase in 38 states
(DBN)

Vermont Leads Mortgage Delinquency Increase
(DBN)

Young Americans Face Choice Between Housing and Crypto
(DBN)

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Oil/Gas:

Barrow Shaver Resources: A Split Ruling on Geologist Royalty Interests
(DBN)

Oil Could Stay Above $100 for Years, Analysts Warn
(DBN)

Oil slides as ships move toward Hormuz
(DBN)

Two LNG tankers pass through Strait of Hormuz
(DBN)

US oil producers increase output to capture price surge from Iran war
(DBN)

America’s Emergency Oil Reserve Is Shrinking Fast
(DBN)

Average Gas Prices Across US on Memorial Day
(DBN)

The Oil Mystery at the Heart of America’s Pressure Campaign on Iran
(DBN)

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Politics:

Tracking approval and key issuesTrump Hits Lowest-Ever Job Disapproval Rating in RealClearPolitics Average — Eclipsing His Prior Low in the Aftermath of Jan. 6Where Donald Trump’s Approval Rating Stands in Each State on Memorial DayTrump's Handling Of Economy Hits All-Time Low
(DBN)

'A freaking disaster is coming': GOP lawmakers rushing to bail on Trump
(DBN)

Trump Drops Shocking Violent AI Vid Showing Assault on Late Show Host Stephen Colbert
(DBN)

Defiant After Bad Week, Trump Pushes Ahead on Politically Unpopular Ideas
(DBN)

Trump’s ego is one of the biggest threats to the Republican majority
(DBN)

Donald Trump Targets ‘Dumocrats’ In Memorial Day MessagePresident kicks off Memorial Day with 6:15am rage post
(DBN)

GOP hopes for legislative wins show signs of slipping away
(DBN)

Ted Cruz, Trump ally battle online over criticism of Iran deal
(DBN)

The Week That Broke Trump’s Control Over Congress
(DBN)

Ted Cruz says GOP senators were ‘screaming’ at Todd Blanche during ‘anti-weaponization’ fund briefing Trump lashes out at Republicans who oppose his ‘anti-weaponisation’ fundTrump's $1.776 billion 'weaponization' fund sparks outrage, but court challenges will be toughJailed Trump Fixer Plots Wild Grift Fund Cash GrabWhy Trump White House slush fund could solve MyPillow's 'hundreds of millions' in losses
(DBN)

Trump faces health questions ahead of another Walter Reed trip, third in 13 months
(DBN)

Self-Indulgence Deepens Republican Fears in Midterms
(DBN)

Home-Wrecked Wife Slams ‘Swinger’ MAGA Candidate Running on Family Values
(DBN)

AOC takes more steps toward 2028 run for president
(DBN)

Jewish Democrats grapple with a changing party and Israel’s entrenched leadership
(DBN)

Megyn Kelly eviscerates Trump for cheating on ‘every wife’
(DBN)

No refunds for 15,000 Australian ticket holders after Candace Owens’ tour canceled
(DBN)

Trump’s death grip on a shrinking party
(DBN)

If MAGA is a cult, what happens when it crumbles?
(DBN)

Trump's intelligence chief Tulsi Gabbard resigns
(DBN)

Isolated JD Vance plans nuclear 2028 option after 'loyal' Tulsi Gabbard's exit
(DBN)

'Homeland Security' has spawned political insecurity since DHS was born
(DBN)

Hegseth torches identity politics in West Point speech: ‘Can’t throw your pronouns at the enemy’
(DBN)

Tillis: Hegseth makes Noem look like ‘five-star recruit’
(DBN)

How Prediction Markets and Crypto Firms Steamrolled a Watchdog Agency
(DBN)

Democratic chair faces calls to quit over ‘shambles’ of election autopsy release
(DBN)

The White House is ordering agencies to place its new app on all employees’ government phones
(DBN)

Damning Pentagon leak reveals huge blow to US defenses
(DBN)

Iran war saps US military ahead of any potential China conflict
(DBN)

Trump FCC Using False Claims Of Immigrant Fraud To Drive Up Costs Of Broadband For Everyone
(DBN)

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Education:

Why young academics are leaving academia
(DBN)

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Healthcare:

YesCare Collapse Exposes Cracks in Prison Healthcare System
(DBN)

North Star Health Alliance Seeks $60 Million in State-Backed DIP Financing
(DBN)

US names second airport for Ebola screening as cases in Congo outbreak skyrocketEbola outbreak death toll climbs in Congo as new infections confirmed in UgandaA second Ebola treatment center is set ablaze in eastern Congo, with 18 suspected cases fleeingHow the Ebola outbreak is testing U.S. pandemic preparedness
(DBN)

U.S. Towns Paid for Teachers and Cops to Use Weight-Loss Drugs. It Broke the Bank.
(DBN)

What’s going on with The Villages Health System bankruptcy?
(DBN)

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Fraud:

Alleging millions in fraud involving Medicaid and other programs, DOJ charges 15 individuals
(DBN)

Sonoma ‘Ponzi scheme' developer evicted from estate he allegedly bought with investors' money
(DBN)

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Alternative Energy:

Europe heat wave boosts solar, sends power prices negative
(DBN)

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Horse Racing:

Hawthorne accuses Fairmount of threatening Illinois horsemen
(DBN)

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Private Credit:

Rising Private Credit Defaults Are Testing Banks And Insurers
(DBN)

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Retailing:

West Marine's Dual-Track Chapter 11: A $549 Million Restructuring on a 95-Day Clock
(DBN)

Luxury Brands Bet on U.S. Market Amid Wave of Global Uncertainty
(DBN)

Bed Bath & Beyond makes a comeback, opening up 98 stores
(DBN)

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Radio:

CBS News Radio signs off Friday night after nearly 100 years of broadcasting: "An American institution"
(DBN)

Owner of Augusta radio stations chipping away at corporate debt
(DBN)

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  New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (26 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Bayer’s $7.25 billion bid to settle Roundup cases faces pushback
(DBN)

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Aviation:

Spirit lost $1.61 for every $1 it took in — and would still be losing money even if jet fuel was free
(DBN)

How Delta Steered Around Airline Industry Chaos
(DBN)

South Florida airports pursue unpaid fees from Spirit Airlines
(DBN)

Another popular low cost airline files for bankruptcy
(DBN)

Airline bankruptcies mount as Spirit, Magnicharters, and Joy Air file for protection
(DBN)

JetBlue CEO says flyers are requesting wheelchairs to cut airport lines. Policing this travel ‘hack’ could backfire.
(DBN)

Airlines are absorbing up to 50% of surging jet fuel costs. Alaska is still betting on premium international flights
(DBN)

Japan unveils 'fastest ever' passenger jet 2.5x speedier than Concorde
(DBN)

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Aerospace:

SpaceX's Starship flight hits most targets in pre-IPO test
(DBN)

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Labor:

Rideshare drivers union in Mass. says it’s the 1st to be recognized in the U.S.
(DBN)

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Consultants:

How AI is forcing McKinsey and its peers to rethink pricing
(DBN)

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Religion:

Pope Leo XIV makes historic apology for Holy See’s own role in legitimizing slavery
(DBN)

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Food/Beverage:

Some of Texas’s oldest barbecue joints close as meat prices skyrocket
(DBN)

Distillery in metro Atlanta declares bankruptcy, tells customers it isn’t closing
(DBN)

Family-dining chain closes dozens of locations, files Chapter 11
(DBN)

Shari's parent company files for bankruptcy more than a year after closing Oregon diners
(DBN)

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Banking:

US regulators sign off on large bank 'living wills'
(DBN)

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Golf:

What happens if LIV Golf declares bankruptcy in the United States?
(DBN)

Could bankruptcy let LIV dodge contracts?
(DBN)

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Finance:

Lenders turn to back-leverage to boost returns
(DBN)

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Sports:

Enhanced Games backfires as just one world record broken during controversial Las Vegas eventEnhanced Games runners beef after steroid-free sprinter wins
(DBN)

Chess boxing is the hybrid bloodsport taking NYC by storm
(DBN)

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Ride Hailing:

Uber Faces 3,000 Sexual Assault Cases as Trials Approach
(DBN)

Waymo halts freeway rides after robotaxis struggle in construction zones
(DBN)

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Plastics:

Trinseo Takes Next Step to Implement Restructuring Support Agreement and Strengthen Financial Foundation
(DBN)

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UK:

Akin Strengthens Global Creditor-Side Franchise with Addition of Market-Leading London Restructuring Team; Neil Devaney Named Head of London Financial Restructuring
(DBN)

UK universities cut jobs, research and teaching amid squeeze in overseas students
(DBN)

Judge slams top law firm over catastrophic AI blunder
(DBN)

Bank lending to UK businesses falls to lowest level in nearly 30 years
(DBN)

Consumer confidence increases slightly in May
(DBN)

Police ‘engage with’ lawyer for woman claiming she was trafficked to former prince Andrew
(DBN)

____________

Canada:

Insolvency volumes hit highest since 2009 amid strain among homeowners: Equifax
(DBN)

AlixPartners agrees to acquire Toronto- and Calgary-based restructuring boutique KSV
(DBN)

Persons of Interest: Alberta Court of Appeal Widens the CCAA Gateway for Equity Investors
(DBN)

Decades later, the truth of Career Academy’s abrupt closure is on trial in St. John's
(DBN)

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Ireland:

Seán Dunne challenge to bankruptcy officials ‘a complete waste of court time and legal resources’
(DBN)

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MENA:

Trump links normalizing ties with Israel to Iran peace dealTrump: All countries in Middle East must sign diplomatic deal with Israel Here's what the draft memo for a proposed deal with Iran includes US forces conduct strikes in Iran, Centcom says Republican hardliners warn Trump is giving up too much in Iran talks Trump says US will not ‘rush into a deal’ with Iran as talks continue Three months in, is Trump losing the Iran war?What we know and don’t know about the emerging deal Donald Trump’s risky military options to break Iran deadlock Trump claims deal with Iran to reopen Strait of Hormuz ‘largely negotiated’ Why Trump’s possible Iran deal may be almost as divisive as his decision to wage warRepublican politicians warn Iran ceasefire deal could strengthen Tehran, would be 'disaster' Trump outlines options for disposal of Iran's enriched uranium White House says ex-Secretary of State Pompeo should ‘shut his stupid mouth’ on Iran Israel fears ‘very bad’ deal US parks dozens of military aircraft at Israel’s Ben Gurion airport Iran says no deal ‘imminent’ despite progress in talks with U.S.US and Iran Have Different Understandings of Peace DealIran is beating Trump at the art of the dealJohn Bolton: US, Iran peace talks are ‘a mistake’
(DBN)

Saudi Crown Prince MBS scores unexpected wins during Iran war
(DBN)

Israeli ministers call for return to ‘high-intensity’ war on Hizbollah
(DBN)

Israeli Strikes Pummel Lebanon, Killing Medics Amid Fragile Truce
(DBN)

France bans Israeli security minister Ben Gvir from country
(DBN)

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China:

$140,000 E.V.s and Heritage Gold: The Rise of China’s Homegrown Luxury Market
(DBN)

EU countries press for trade crackdown on China
(DBN)

The Former Air Force Pilot Who Was Allegedly Recruited to Train China’s Military
(DBN)

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Cuba:

Marco Rubio combats Cuban-American backlash as he seeks Havana deal
(DBN)

Feds subpoena Hasan Piker, Medea Benjamin over Cuba trips
(DBN)

Cuba tells its citizens to prepare for war as U.S. targets Castro
(DBN)

CIA director brought paramilitary leader involved in Maduro capture to Cuba meeting, sources say
(DBN)

U.S. Warns of Growing Russian and Chinese Spying in Cuba
(DBN)

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Russia:

Putin Can No Longer Hide His Catastrophe
(DBN)

‘A Total Nightmare’: Voices From a Moscow Hit by Ukrainian Drones
(DBN)

Russia warns foreign nationals to leave Kyiv after large attack
(DBN)

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Switzerland:

The banker who wants to cap Switzerland’s population at 10m
(DBN)

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Singapore:

From overspending to business failures: Why more people end up bankrupt in Singapore
(DBN)

____________

Japan:

Japan Falls to Third-Largest Global Creditor as China Overtakes in 2025
(DBN)

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