July 6, 2026

The Daily Bankruptcy News

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Law:

Associate Compensation Scorecard: Elite Boutiques Continue To Outpace Biglaw
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DLA Piper bumps NQ lawyer pay to £140k in London and £84k in regions
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Kirkland and Wachtell Lead First Half M&A Tables, Amid 50% Leap in Worldwide Deal Activity
(DBN)

AI Deal Surge Challenges Private Equity’s Role in Big Law’s Revenue Model
(DBN)

Richards, Layton & Finger Elects Restructuring Lawyer As New Director
(DBN)

The Hottest Job at Big Law Firms Is Becoming Difficult to Fill
(DBN)

AI in the Legal Field: Empowering Lawyers, Not Replacing Them
(DBN)

Legal Industry Embraces Diversity and Tech-Driven Strategies Amidst Evolving Talent Dynamics in 2023Shifting Strategies: The Changing Role of Diversity Leadership in Major Law Firms
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Plotting Biglaw’s Growth Pattern
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Judicial Notice (07.05.26): Born In The U.S.A.
(DBN)

White & Case employee drops suit alleging he was stripped naked and photographed at firm party
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University of Kentucky’s board of trustees changes rules after controversial law dean pick
(DBN)

AI got this lawyer away from his desk: 'Dramatically more efficient'
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Young lawyers view AI as a job threat, but experienced ones see it as freedom—when used wisely
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Al-fueled boom in data centers has been big business for lawyers
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Legal Research For Everyone: Inside The CourtListener-Claude Partnership
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Back to the Future: As the country celebrates its 250th anniversary, old methods of training lawyers are back in style
(DBN)

For Female Lawyers, Dress Code Is Part of Leadership Conversation
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The two structures which generate a law firm’s profits – the billable hour and the partnership tournament – are the same two structures that push women out
(DBN)

This personal injury lawyer wanted to push his limits, so he took up bare-knuckle fighting
(DBN)

30-day suspension for lawyer who allegedly solicited teen for sex advised by investigator
(DBN)

M&A Attorneys Must Shield Against Board Observer Liability Risks
(DBN)

Prosecutors to lay out their case against the man accused of killing Charlie Kirk
(DBN)

Olympian indicted for allegedly vandalizing Reflecting Pool
(DBN)

Trump tries again to delay $5m sexual abuse payout to E Jean CarrollTrump says he is 'entitled' to 'normal' timeline in E. Jean Carroll case
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Trump DOJ Faces Legal, Resource Hurdles in Denaturalization Push5th Circuit effectively reverses itself in blow to Trump's indefinite detention policyMike Johnson Says He’s Working on a ‘Legislative Fix’ After SCOTUS Rules Against Trump in Birthright Citizenship CaseA new ICE facility could speed up deportations for families and kidsVoters are Sounding More and More Like Trump on Birthright CitizenshipCarlos Giménez calls TPS ruling's deportation of Haitians a 'mistake'“He Didn’t Need to Die.” How an Immigration Detention Center Repeatedly Failed to Address a Mental Health Crisis.
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Muslim Group Challenges Florida Terrorist Designation Law
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Trump announces pardons for six people he says Biden prosecutedTrump announces pardons for pollution violators prosecuted for "fixing their car"Trump Pardons Abramoff Partner Adam Kidan, Texan Jack Harvard
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Feds seek lower prison sentence for $100M NJ deli fraudster — but some reasons why are hidden
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At Trump’s Direction, Federal Agencies Are Abandoning Discrimination Cases
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'Inadvertent inclusion': Trump admin accidentally releases Jack Smith's Mar-a-Lago report during discovery to defense counsel for woman accused of stealing it
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Trump’s turncoat former fixer Michael Cohen lands new gig at WABC radio
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Calif. Man Pleads Guilty to Sending Fake Nancy Guthrie Ransom Note
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Public backlash explodes against mass surveillance cameras
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At least eight shot, including four children, in New York’s Coney IslandMay have been gang retaliation
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Newport Beach celebration turns chaotic as fights break out, fireworks thrown at officers
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Mom investigated for cannibalism after son, 4, found dead with mutilated arm
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Mom reported 4-year-old daughter missing but girl had been dead for at least a month: Cops
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Nursing home employees who took video of themselves mocking dead patients headed to prison
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Man shot and killed estranged wife during fight over Nintendo Switch
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Couple celebrated anniversary by shooting into ex's home while her kids were inside: Cops
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Man killed little girl with illegal July 4 firework 'cake' that shot out 'fireballs': DA
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Woman shoots father of 3 dead during argument over Walmart parking spot: Police
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Man who killed his infant daughter waves it off as a 'mistake'
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Grown man allegedly whipped 12-year-old boy with belt near NYC playground in anti-gay hate crime attack
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Man used Lyft to bring him to kill woman, then requested a new ride and shot the driver
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Idaho searches for volunteers to shoot death row inmates in firing squad chamber
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The staggering cost California drivers pay for getting a DUI
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Judges:

Bankruptcy Judgeship, Middle District of Florida
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Availability of Bankruptcy Judgeship Position in Southern District of Georgia at Savannah
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Supreme Court’s Frequent Reversals of the Fifth Circuit Highlight Judicial Discrepancies
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In Backing President Trump’s Policies, Justice Alito Finds His Moment
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New Poll Shows Americans — Even Republicans — Think The Supreme Court Needs To Be Reined In
(DBN)

Birthright citizenship: The right's meltdown sounds familiar
(DBN)

Human Despite Their Robes
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A Troubling Milestone: Most Supreme Court Rulings Are Secretive Votes With Little Justification
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Supreme Court’s Latest Term Ends with Divisive Opinions Reflecting Deep Judicial Rifts
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This ‘conservative’ Supreme Court decision could be the left’s friend
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Boutique Law Firms Rise in Supreme Court Arena, Outpacing Traditional Giants
(DBN)

Breyer Pushes Back On Claims That Politics Rules The Supreme CourtBreyer Details Retirement Calculus for Leaving Supreme Court
(DBN)

The Supreme Court hands Trump — and itself — more power
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Five Takeaways From the Supreme Court’s Executive Power Term
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4 Takeaways From The Birthright Citizenship Decision
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Three Somewhat Surprising Aspects of the End of the Supreme Court’s 2025-26 Term
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Trump seizes on Democratic push to expand Supreme Court, end filibuster
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4th Circuit lectures DOJ while ruling in favor of CIA agents targeted for DEI-related work
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Trump White House can reinstall its sanitized history of slavery at George Washington’s house, appeals court rules
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2nd Circuit judge previously dinged for ‘overly harsh’ work environment disciplined again
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Hannah Dugan's defense asks federal judge for time served
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Wall Street:

U.S. stock futures rise as Wall Street looks to extend its rally coming off the holiday weekendTech Lifts US Stock Futures After Holiday Break
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One of the market’s most reliable long-term indicators is flashing red
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The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns
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Dow jumps nearly 600 points to record close; Nasdaq slides as chip stocks suffer
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U.S. stocks have delivered 8.7% a year since independence was declared in 1776
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Layoffs:

The hospitals, health systems cutting jobs in 2026
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Cape Fear Valley Health to eliminate 200 positions
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Acting DNI Bill Pulte begins firing dozens of intelligence officials
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TriMet to cut over 400 positions
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Religion:

Pope Leo sends veiled message to Trump on migrants in July 4 appealPope Leo’s Challenge to America on July 4
(DBN)

Rebel Catholics Defy Vatican’s Calls to Return to Mainstream Church
(DBN)

Peter Thiel Accuses Pope Leo XIV of Acting as a ‘Chinese Communist Agent’ Over AI Rules
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US Jews increasingly concealing their identities over rising antisemitism, survey shows
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Autos:

Friction One acquires Raybestos during First Brands bankruptcy process
(DBN)

Judge approves sale of First Brands subsidiary, Jasper Rubber
(DBN)

Tesla stock sinks 7% despite strong deliveries report
(DBN)

Hybrids are the breakout star of the U.S. car market as EV demand fades
(DBN)

Supplier Insolvency Signals Spreading Pain as German Carmakers Slash Thousands of Jobs
(DBN)

As auto costs rise, will the US miss the golden age of electric vehicles?
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Regulation:

Trump ramps up war on regulations with 702 cuts in pipeline
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Tax:

‘Dangerous’ wealth taxes will make us poorer, says tech boss
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It Failed in France. It Would Be a Disaster in CaliforniaSergey Brin and 11 other billionaires and tech elite lined up against California's proposed billionaire tax
(DBN)

A multi-millionaire left NYC for 25 years. Now he's back and ready to pay more taxes.
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Climate:

DoE Deletes Webpage Instructing People To Lower Thermostat to 78
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Cannabis:

Recreational Marijuana Legalization Linked to Lower Personal Bankruptcy Rates, Study Finds
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Healthcare:

Why Rural Hospitals Are Failing: What Bankruptcy Can and Cannot Fix
(DBN)

42 hospitals closing departments or ending services
(DBN)

Wilma N. Vázquez Hospital Justifies Second Bankruptcy Filing
(DBN)

Struggling Alabama hospital will remain open, 1,800 jobs, medical care saved
(DBN)

Monument Health to take over shuttered Wyoming clinic
(DBN)

Defunct Connecticut autism services provider must pay back $710K over Medicaid fraud allegations
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Six signs you’re in the chronic stress danger zone, without realizing it
(DBN)

Conservatives rage over re-funding of Planned Parenthood
(DBN)

Huge Survey Finds the Truth About What mRNA Vaccines Do to the Human Body
(DBN)

US life expectancy on track to reach record high as death rate falls to record low in 2025
(DBN)

Ex-CDC official Debra Houry describes lack of trust in Robert F. Kennedy's leadership
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Education:

College Students Are Testing at the Level of 10-Year-Olds
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Climate:

El Niño Already Killing Thousands in Europe
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Fraud:

Justice Department defends move to drop Adani criminal charges
(DBN)

June 2026 Ponzi Scheme Roundup
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JPMorgan Loses Battle Over Charlie Javice’s Legal Expenses
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Retailing:

Saks Global survived bankruptcy. Now comes the hard part.
(DBN)

New Jersey bans grocery surveillance pricing; pauses electronic shelf labels
(DBN)

The running list of major retail bankruptcies
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Crypto:

The crypto-treasury dream unravels after a 90% stock plunge
(DBN)

Trump's billion-dollar crypto haul triggers some everyday investors sitting on big lossesNearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
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Prediction Markets:

Prediction Markets Let You Bet on Whether a Wildfire Will Burn Down Your Town
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Gold:

Why Global Dealer Rosland Capital Filed for Bankruptcy
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Information Technology:

TPx keeps paying commissions as it hunts a bankruptcy buyer
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Economy:

Trump blasts 'hostile' Fed and says Warsh 'has to do what he has to do' on interest ratesTrump allies double down on efforts to reshape Federal ReserveWarsh Says Inflation Risks Are Down, Vows Price Stability
(DBN)

Cost of average July 4th BBQ surges 31% to $295 in NYC: 'Just insane'
(DBN)

From $71 Million to $39 Trillion—U.S. National Debt’s 250-Year Climb
(DBN)

US economy undershoots forecasts with 57,000 jobs added in JuneU.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2%
(DBN)

Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
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The Bureaucratic Hell of Getting a Job in 2026
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The Purgatory Job Market of 2026
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The debate over what's making it harder for college grads to get hired
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Majority Believes They Will Achieve the American Dream
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Better Off? How Generational Progress Slowed in the U.S.
(DBN)

Why June's jobs and inflation data are bullish for bonds
(DBN)

The World Cup's hiring head fakeJobs report gives labor market a yellow card
(DBN)

Americans are paying record prices for steak. Here’s why demand isn’t cracking
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A hot summer trend in the sharing economy? Rental swimming pools
(DBN)

How a fertilizer shortage caused by the Iran war could affect U.S. food prices
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Survey: Grocery shoppers remain concerned prices could keep rising
(DBN)

Americans of all ages are spending less time socializing
(DBN)

Krugman: European vs. U.S. Economic Performance: An Update
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Krugman: The End of North America - Neighbors? Who needs them?
(DBN)

Small businesses say they're having a good summer as Americans travel closer to home
(DBN)

Despite return-to-office crackdowns, remote work is alive and well as the rate has barely changed over the last two years
(DBN)

The Company Founder Who Got Fired for Ignoring His Own Return-to-Office Rules
(DBN)

May 2026 U.S. National Consumer Credit Trends Report
(DBN)

Women’s progress at work appears to be stalling
(DBN)

Women Over 40 Are Now Having More Babies Than U.S. Teenagers
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US Debt Clock
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World Debt Clock
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Real Estate:

Multifamily CMBS delinquency rate higher in June
(DBN)

Supreme Court rules on Pung family's home seizure case
(DBN)

Map shows cities where closing affordable housing gap will take centuries
(DBN)

June 2026 Monthly Housing Trends Report: A Record Drop in Asking Prices, a Seventh Month of Rising Pending Sales
(DBN)

Mortgage Rates Drop to 7-week low: 6.43%
(DBN)

In 250 Years of U.S. Housing, We Are Now Living in Unprecedented Times
(DBN)

Trump Says Landmark Housing Bill Is ‘Fine’ and Hints He Will Not Veto It
(DBN)

11 states where you don't have to spend more than 30% of your income on housing
(DBN)

Manhattan luxury real estate sales hold firm despite fears of a ‘Mamdani effect’
(DBN)

Bankruptcy judge to decide interim settlement in Adelaide Pointe development in Muskegon
(DBN)

Besieged Marin investment network seeks bankruptcy shield
(DBN)

New owners of One Canal Place declare bankruptcy just over 2 months after $28M acquisition
(DBN)

Sonder bankruptcy could claim victim in Moinian FiDi debt
(DBN)

Iowa developer waives bankruptcy discharge on $17.7 million in debts
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Municipalities:

A $23 million judgment could force Green Charter Twp to raise taxes, issue bonds, file bankruptcy
(DBN)

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Oil/Gas:

OPEC+ approves further oil output increase as Strait of Hormuz exports recover
(DBN)

World absorbs historic Iran war oil supply loss, but depleted stocks bring risks
(DBN)

The Era of Cheap U.S. Natural Gas May Be Coming to an End
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Private Credit:

Private Credit Can’t Stop the ‘Freak Out’
(DBN)

What Private Credit Is, and Why Investors Are So Worried About It
(DBN)

BlackRock Private Credit Fund CEO Departs During Valuation Probe, Mounting Losses
(DBN)

Investors Seek to Pull Nearly $16 Billion From Private-Credit Funds
(DBN)

Blue Owl keeps withdrawal cap as redemption requests remain elevated
(DBN)

Big investors commit billions to private credit despite turmoil
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Politics:

Tracking approval and key issuesMap Shows Donald Trump’s Approval Rating in Every State on July 4The scorching midterm election poll that shows a blue wave cresting over RepublicansChris Christie Says Republicans Are On Their Way to ‘Monumental Defeat’ in the MidtermsAnti-incumbent mood sweeping country in troubling sign for GOP majorities As America throws its big birthday bash, Trump is seething over plunging poll ratings – and on the look out for scapegoats
(DBN)

Trump reflects on his weight and JFK’s looks as he goes off script on Usha Vance’s podcast
(DBN)

Bruce Springsteen Says He’s a ‘Patriot’ for Standing Up to Trump: ‘I Believe in Critical Patriotism’
(DBN)

Trump discloses 327 unreported stock trades made a day before his first tariff pause
(DBN)

Trump posts a doctored photo of the Obamas and Air Force One with graffiti spray-painted on plane
(DBN)

US voters say Trump’s Iran war not worth the cost — poll
(DBN)

Trump’s war means higher global interest rates for years to come
(DBN)

Trump has schedule that leaves him MIA almost every morning
(DBN)

Trump gifted a lavishly encrusted ring from Belgian diamond group that won tariff relief
(DBN)

Democrats plot subpoena storm over Trump's $2 billion gold rush
(DBN)

Johnson says House will pass SAVE America Act ‘one more time’ in reconciliation bill
(DBN)

Shapiro: Trump ‘accumulated way more power than our founders would have hoped’
(DBN)

What J. D. Vance Once Knew
(DBN)

A zombie Congress is threatening the GOP agenda
(DBN)

To celebrate America’s 250th birthday, President Trump transformed Washington into a mess
(DBN)

The strangest show on earthHouse Democrats accuse Trump of 'hijacking' America's 250th birthday for his own gain Trump mixes patriotism with partisanship as he celebrates America’s ‘joyous’ 250th anniversaryTrump Launches Dead-of-Night Attacks on Dems To Ring in 4th of July Trump puts himself center stage for Independence Day celebration What Trump’s July 4 Speech RevealedTrump, in July 4 speech, says he ‘wasn’t treated that well’ despite American right to equal justice Donald Trump’s July 4 Speech: Read Full ‘Salute to America’ RemarksDonald Trump Blasts ‘Communist Menace’ in Mount Rushmore SpeechTrump's God, guns and anticommunist Fourth of July‘422,000 People!’ Trump Makes Wild Claim About Crowd Size at His July 4 Event
(DBN)

As socialism rises in popularity, Republicans turn to new attack: 'Communists'
(DBN)

Fire breaks out on Brooklyn Bridge during New York’s fireworks show
(DBN)

America Marks Its 250th Birthday With Storms, Sweat and Fire'Cautiously optimistic': Swing voters describe their view of America at 250Will America survive another 250 years? We asked 11 historiansPoll: Nearly Half of Americans Don’t Know What America’s 250th Is CelebratingDivided America searches for something to celebrate on its 250th birthdayDonald Trump falls asleep during 4th July fireworks as health fears soarCalifornia’s Fourth of July plunges into hell as stores looted, police horses charge and fires break outAmerica At 250: Minnesota Ranks First, Louisiana Last, And No State Is Getting Happier
(DBN)

What America gets right
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At 250 Years, 77% Say U.S. Founders Would Be Disappointed
(DBN)

Trump’s administration won’t seek new bids to repair the Lincoln Memorial Reflecting Pool
(DBN)

Marco Rubio’s secret plot against Pete Hegseth exposed as war chief is left humiliated over troop schemeWithdrawing Troops From Europe Is a Policy in Search of a Problem
(DBN)

DOGE self-deletes on July 4th. The grand experiment fell apart long before that.
(DBN)

White Nationalist Group Patriot Front Marches in Washington on July 4'Reclaim America' Burgum defends white nationalist group’s right to march on Independence Day, citing First Amendment
(DBN)

Masked men with Confederate flags seen chanting, marching, riding Metro in DCMt. Olive Pickle Co. exits Great American State Fair over Confederate flag
(DBN)

NATO chief faces challenge at summit as Trump demands ‘loyalty’ and not just burden-sharingTrump moves the goalposts for NATO after demanding members spend more. ‘We don’t need their money — we don’t need anything. I just want loyalty’ How Trump is turning NATO into a cash machineNATO's eastern flank prepares to fend off Russia — with or without AmericaRussia planning attack on Poland to test NATO resolve, US warnsSaving NATO in the era of TrumpWhat Europe and NATO must do to be ready for warWith NATO under pressure, Europe undertakes its biggest rearmament since the Cold WarTrump won big spending promises from NATO last year. This week in Turkey, he’ll try to enforce them
(DBN)

Air Force major arrested after calling for Trump impeachment on Capitol steps
(DBN)

Bill Clinton calls out 'people in charge' in July Fourth messageBill Clinton Rips Trump In America 250 Message; “Their New Deal Is Socialism For The Super-Rich”
(DBN)

Wins by the far-left set up challenge for Hakeem Jeffries
(DBN)

Conservatives seek blue-state bans on trans athletes in wake of Supreme Court win
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Ride Hailing:

Self-Driving Taxi Company Annoyed by the Naughty Thing Passengers Keep Doing in Its Cabs
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Waymo cars stranded on San Francisco streets as July Fourth gridlock drains batteries
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Autos:

Jefferies Sues Western Alliance as First Brand Feud Simmers
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Food/Beverage:

Miami Popeyes owner faces closure after bankruptcy auction fails
(DBN)

Uncle Nearest Founder’s Last-Ditch Effort to Save Troubled Whiskey Brand Called ‘Threadbare’
(DBN)

Lenders to Apollo-Backed Heritage Grocers Sign Cooperation Pact
(DBN)

The fast-food sandwich business is struggling, and it's not just Subway
(DBN)

Fast food's newest rival isn't another burger chain. It's the grocery store.
(DBN)

Sweetgreen seeks advice from a turnaround expert: Chili's CEO Kevin Hochman
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Telecom:

Prison Phone Company Aventiv Clears Hurdle for Lenders’ Takeover
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Water:

US considers proposal to cut Colorado River water use, Arizona says
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Banking:

UBS makes progress in its quest for mediocrity in the US
(DBN)

FDIC application does little to mask identity of possible failed-bank target
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Consumer Protection:

The Consumer Financial Protection Bureau’s curious resurgence
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Television:

DISH DBS Corporation: A Prepackaged Plan and a 363 Sale Under One Roof
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Philanthropy:

Elon Musk complains that charity is too hard while everyday Americans donate a record $617 billion
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Summer Camps:

How two brothers from New York fleeced Israeli financiers
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Celebs:

Deion Sanders Voices Frustration Over Son Shilo’s Legal Troubles Amid Bankruptcy Case: “Can’t Be in Court for 15 Years”
(DBN)

Floyd Mayweather's statements on much-discussed bankruptcy shed light on financial situation
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Fireworks:

Community's Fourth of July fireworks show canceled after company files for bankruptcyMultiple Fireworks Shows Canceled After Vendor Bankruptcy
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Student Debt:

July Brings Most Student Loan Changes In Decades
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Sports:

USA cricket's comeback gains momentum after historic bankruptcy settlementHow USA Cricket's bankruptcy settlement could reshape its future path
(DBN)

These 5 charts show just how unaffordable the 2026 World Cup is for fans
(DBN)

Trump Card: World Cup Cheats for USA?How US Soccer got Folarin Balogun’s suspension overturned — including Trump’s phone callInside the USA camp on the chaotic day Folarin Balogun's World Cup ban was lifted
(DBN)

Villas-Boas reveals how members saved FC Porto from imminent insolvency
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  New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (93 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Litigation:

Musk’s Courtroom Foil Savitt Describes ‘Flow’ of OpenAI Trial
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BlackRock Subsidiary’s Deal Revealed in ‘Take Care of Maya’ Case
(DBN)

From Deep Roots to Litigation Powerhouse: Skadden's Decades-Long Rise in Houston
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Consolidation:

Substantive Consolidation (Part 1): What Is The Statutory Authority? (In re Cyberco)
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Finance:

Del Monte, DIP Roll-Ups, and the Future of Pro Rata Treatment
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Mass Torts:

Diocese addresses rumors of bankruptcy
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News 15 Investigates uncovers Diocese of Lafayette has hired prominent bankruptcy attorney
(DBN)

Christian Brothers defend housing convicted sex abusers amid insolvency claims in Australia
(DBN)

The Onion debuts Infowars parody, plans to pay Sandy Hook families
(DBN)

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Partnership:

A General Partner's Management Rights Survive Its Bankruptcy
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Trustees:

BK MA, NH, RI: The United States Trustee seeks resumes from persons wishing to be considered for appointment to the panel of trustees who administer cases filed under chapter 7
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Bankruptcy Alternatives:

Delaware’s New ABC Act: A Powerful Tool for Distressed CompaniesDelaware’s New ABC Act: What Private Equity Practitioners Need to Know
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Sales:

A Right of First Refusal Meets a Whole-Company Sale
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Aviation:

Spirit Airlines Wants To Sell 27 Planes
(DBN)

Southwest Airlines leaves rivals flat-footed as bankrupt carrier folds
(DBN)

Delta plane hit by firework during July 4 landing, airline says
(DBN)

Seaplane carrying 10 passengers crashes into NYC’s East RiverScreams fill cabin as plane carrying 10 crashes into NYC's East River
(DBN)

New York City-bound flight from Kenya diverted over malfunctioning flight controls
(DBN)

Prepare for Airplane Purgatory
(DBN)

EasyJet shares soar 10% as budget airline agrees $7.3 billion Castlelake takeoverEasyJet reaches outline agreement on £5.5bn takeover by private credit group Castlelake
(DBN)

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Climate:

PJM Power Grid Mobilizes Against Heat Wave StressUS extreme heat and storms to stress power grid through weekend
(DBN)

D.C. is about to be hotter than 99 percent of the world
(DBN)

Fireworks Canceled in Some Western Towns Because of Wildfire Danger
(DBN)

China Accounts for Half the World's Wind and Solar Capacity
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Personal Finance:

He's making $330,000 secretly juggling 2 jobs. He says it's 'surreal' not having to worry about money.
(DBN)

Seniors Risk Outliving Their Retirement Savings In These States
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Resorts:

Owing More Than $13 Million, Presidential Mountain Resort Files For Bankruptcy
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Horse Racing:

Will Price be Right to Save Racing at Hawthorne?Hawthorne Race Course Auction Date Set As Chicago Racing Future Hangs On Sale
(DBN)

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Tech:

The Quest to Make Humanoid Robots Safe Enough for Humans
(DBN)

Altman’s AI safety proposal: let us win, or everybody loses
(DBN)

Energy Department Wants Data Centers to Stop Draining the Grid During Brutal Heat Wave
(DBN)

How the world's top AI models were revived
(DBN)

OpenAI courts Trump administration as its latest investor
(DBN)

Why OpenAI and Anthropic may struggle to float
(DBN)

UK regulator warns of ‘arms race’ to keep up with AI use in financial services
(DBN)

The Revenge of the Philosophy Majors
(DBN)

The covert U.S.-China battle to make chatbots leak their secrets
(DBN)

Big Tech’s $3 Trillion Struggle to Secure Enough Electricity
(DBN)

Meta paid hundreds of contractors to pretend to be teenagers while barraging its competitors’ AI with disturbing content
(DBN)

“Televised Nervous Breakdown”: CEO of Palantir Suffers a Bit of a Meltdown During Live Interview
(DBN)

Samsung likely to post 18-fold jump in profit on surging AI demand for memory
(DBN)

The CEO who vowed to ‘fire anyone who doesn’t use AI’ admits that the technology can’t replace her executive assistant as the role evolves
(DBN)

The CEO using AI to double revenue with 1,000 fewer hires: 'Nobody's going to replace the last mile'
(DBN)

AI Startups Really Do Run Leaner
(DBN)

AI-Enabled One-Person Companies Present a Corporate Law Quandary
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Rail:

Brightline Buys Time as Bankruptcy Loan Talks Continue Brightline Florida squeaks past debt payments, gains two-week grace period
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Museums:

White House Criticizes Smithsonian Museum for ‘Extreme Political Activism’
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Media:

Supreme Court Allows Reporter to Be Fined for Failing to Disclose Source
(DBN)

Fox News Captures Trump Watching Fox News Cover Trump
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____________

UK:

What Are Phoenix Companies? HMRC's New AI Enforcement Explained
(DBN)

MVLs: The Insolvency Service's Review Following Novalpina
(DBN)

UK Consumer Loan Default Gauge Jumps to Highest Since 2009Credit card defaults hit 17-year high
(DBN)

Business confidence hits four-year low
(DBN)

____________

EU:

Europe promised cash for defense. It’s failing to cough up
(DBN)

____________

Canada:

Complex Restructuring with a Simple Solution? Understanding Director Releasees under governing Canadian statues
(DBN)

Court approves data transfer agreement in insolvency matter with aerospace engineering company
(DBN)

Vesting Order Bars Claims for Unpaid Crown Royalties
(DBN)

Bankruptcy order issued against Toronto ‘condo king’ developer in Hamilton
(DBN)

____________

MENA:

What Kuwait's New Bankruptcy Law Means for Businesses
(DBN)

Iran’s top officials attend prayer for the late Supreme Leader Ayatollah Ali Khamenei in TehranIran Mourners vow revenge on Trump at funeral of former supreme leader Ali Khamenei3 of Khamenei’s sons join top leaders at Tehran funeral, but not his successor Mojtaba
(DBN)

Iran’s regime survived the war and is now savvier, ruthless and more hard-line
(DBN)

US and Iran holding marathon talks with Pakistan on ending war Hegseth goes quiet on Iran as Trump pursues diplomacy
(DBN)

British military says cargo ship reports being under attack in the Red Sea off the coast of Yemen
(DBN)

Europe now believes some Hormuz fees will be inevitableChina urges ‘unimpeded passage’ of Hormuz as fee chatter mounts
(DBN)

Trump says Netanyahu "knows who the boss is" ahead of possible WH visitNetanyahu Hits JD Vance for Saying the US is Israel’s ‘Only Powerful Ally’: ‘We Have Many, Many Friends’Netanyahu gov’t declares it will ignore Israeli Supreme Court order — paving way for constitutional crisisFormer General Emerges as Netanyahu's Chief Rival in Israeli Elections
(DBN)

____________

Japan:

Yen Weakness Sparks Bankruptcy Storm: Japan's Small and Mid-Sized Enterprise Failures Hit Four-Year High in First Half
(DBN)

____________

Spain:

One in five companies in bankruptcy in 2025 was from the construction cycle, according to registrars
(DBN)

____________

Romania:

More than 900 insolvency proceedings in Romania this June
(DBN)

____________

China:

Financial regulator approves Zhongrong International Trust's bankruptcy
(DBN)

China steps up financial risk cleanup under new top regulator
(DBN)

How Xi Jinping steamrolls dissent with tactics from Stalin and Mao
(DBN)

China sentences official to death over US$325m in bribes
(DBN)

China Tests Long-Range Ballistic Missile in Pacific
(DBN)

____________

Russia:

Russian Economic Outlook Most Negative in 20 Years
(DBN)

Ukraine strikes St Petersburg oil terminalUkraine proves it can hit Russia almost anywhereUkraine striking Russian energy infrastructure at unprecedented rate
(DBN)

Russian missile and drone attack on Ukraine’s capital kills at least 10
(DBN)

Russia’s fuel crisis is so bad that a mom and her baby waited in line for 18 hours to get gas — 'Are we in the Soviet Union?'
(DBN)

Explosion Destroys Key Structure on Kerch Bridge Linking Crimea and Russia
(DBN)

Bloodier than Stalingrad: Number of casualties in Russia’s war on Ukraine reaches 2 million
(DBN)

Putin’s £100m luxury superyacht ‘love nest’ flees with warship for protection as Vlad tries to hide it from drones
(DBN)

Putin forces deliberately 'mining' Anthrax-infected cattle carcasses
(DBN)

‘It is a crisis’: Putin under increasing pressure from Ukraine war
(DBN)

Putin, Trump discuss Ukraine in call ahead of NATO summit
(DBN)

Ukrainians Sour on U.S. Leadership
(DBN)

____________

Australia:

Welcome news for liquidators and creditors
(DBN)

ATO ‘flavor of the year’: insolvency a strong option for directors facing DPNs
(DBN)

____________

Venezuela:

Venezuela’s official death toll from quake rises to almost 3,000Venezuelans Warned That Public Housing Towers Might Crumble in a Quake
(DBN)

____________

India:

IBC-PMLA Conflict: Understanding the Clash Between Insolvency and Anti-Money Laundering Laws
(DBN)

Insolvency Board proposes 30-day notice to resume stalled asset recovery from personal guarantors; Experts warn of friction
(DBN)

NCLT to admit insolvency cases only on proof of debt, default under amended IBC
(DBN)

Fake AI Cases 'Entered' an NCLT Insolvency Order. The Supreme Court Quashed It. But Who Is Accountable?Supreme Court warns against unchecked AI use in courts after NCLT cites fake cases
(DBN)

IBBI seeks tighter regulations around personal guarantors, valuation of insolvent firms
(DBN)

Why NCLAT held IBC moratorium Does Not Protect PMLA-Attached Assets
(DBN)

____________

Mexico:

Mexico President Claudia Sheinbaum grows uneasy as her investment plan stumbles
(DBN)

Trump’s Travel Crackdown Has a Winner: Mexican Tourism
(DBN)

____________

South Korea:

Homeplus has 2 weeks before bankruptcy — and shelves could get even emptierHomeplus Bankruptcy Looms as Court Ends Rehabilitation, No Buyers Found Homeplus Faces Bankruptcy, Suppliers Fear Chain Reaction of FailuresHomeplus' days are numbered
(DBN)

Young debtors surge in South Korea as living costs drive rehabilitations
(DBN)

____________

France:

France Passes Ultra-Fast Fashion Law
(DBN)

____________


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