July 15, 2026

The Daily Bankruptcy News

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Law:

Should law firms share AI tools with their clients and peers?
(DBN)

AI-First Law Firms Don’t Work Fewer Hours, They Work Smarter Hours
(DBN)

E. Jean Carroll receives $5 million payment from Trump for civil suit
(DBN)

Nicki Minaj’s legal team sues singer for unpaid fees
(DBN)

The Law Schools That Offer Students The Most Help With Tuition (2026)
(DBN)

California State Bar settles suit with vendor over troubled exam for $5.25 million
(DBN)

ICE Insiders Turn on Trump Over Wave of Deadly ShootingsShut out of US., Cubans build ‘New Miami’ in southern BrazilMan killed in ICE-involved shooting in Maine was not intended target: OfficialThe Shooter in Maine Was a New ICE RecruitWho is Joan Sebastian Guerrero? Man Reportedly Killed in Maine ICE ShootingHundreds protest in Maine over the fatal shooting of a Colombian man by ICEICE suspends vehicle stops for U.S. immigration enforcementWhat was missing from the Maine ICE shootingTwo Lorenzos from Mexico. One fulfilled his American dream. ICE killed the otherMan fleeing immigration officers in Florida is struck and killed by tractor trailer, police say
(DBN)

Trump’s DOJ imposes new case quotas after talent exodusDOJ sets case quotas for prosecutors to increase stats
(DBN)

Blanche on 'glide path' for US attorney general confirmation, Republican insiders say
(DBN)

Rubio expands plans for high-level meeting focused on 'far-left terrorism'
(DBN)

Rubio's lawyers retreat in court after denying his Signal war chats set to auto-delete
(DBN)

LAPD Abandons Flock Contract After Making a Horrifying Discovery
(DBN)

Waymo Takes Revenge, Dropping Drunk Teens Directly Into Squad of Cops
(DBN)

Circle K takes its own manager to court over rights to unclaimed lottery ticket worth $12M
(DBN)

Man taunted victim with cryptic texts from outside his home before killing him, police say
(DBN)

Man killed his mom when she intervened to stop his suicide attempt, police say
(DBN)

2 school principals arrested for drunk driving the same car just hours apart, police say
(DBN)

Jail guards repeatedly 'dry stunned' diabetic inmate with Taser, leading to death: Cops
(DBN)

Man who killed bus passenger for not saying 'excuse me' after bumping into him learns fate
(DBN)

'Murdered for sport': Bicyclist beaten to death with tire iron after men chase him down
(DBN)

Jeep driver rams into cyclist and tosses him 95 feet over belief the bike was stolen: Cops
(DBN)

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Judges:

Vacancy - U.S. Bankruptcy Judgeship - District of Delaware
(DBN)

BK SD IL: Job Announcement - Term Law Clerk
(DBN)

BK NH: Employment Opportunity: Term Law Clerk to Chief Judge Kimberly Bacher
(DBN)

James T. Bentley to Serve as United States Bankruptcy Judge in the Southern District of New York (Brooklyn)
(DBN)

SCOTUS justices head to Congress as threats reach alarming levels Supreme Court Wants Millions More From Congress—Here’s What It’s For Supreme Court Justice Barrett says ‘the threat level is really high’ in budget testimonyWhen Being A SCOTUS Justice Means Explaining Bulletproof Vests To Your KidsJustice Kagan Tells House Panel That ‘Threats Have Come Very Close’
(DBN)

Amy Coney Barrett Then: ‘Read The Opinion!’ ACB Now: Inappropriate To Expect Supreme Court To Explain Decisions
(DBN)

The See-No-Evil Supreme Court
(DBN)

Two cheers – but not three – for Roberts and Barrett
(DBN)

The biggest Supreme Court surprises this term
(DBN)

‘Colorblind Constitution’ concept underlies key Supreme Court rulings
(DBN)

The Supreme Court and the opinion-assignment guessing game
(DBN)

Conservatives urge Congress to pass constitutional amendment keeping Supreme Court at nine justices
(DBN)

Inaction On Judge Eleanor Ross Sends A Clear Message: Retaliating Against Whistleblowers Is OK
(DBN)

Sullivan & Cromwell Partner Who Handled Trump Case Confirmed to Second Circuit
(DBN)

Judge Jesse Furman on Dealing With One of the First AI Hallucination Cases and Being a Deepfake Target
(DBN)

Trump and DOJ spend 130 pages supporting Judge Cannon's 'discretion' in burying Mar-a-Lago secrets, as rivals hold up Mueller report as 'precedent'
(DBN)

US judge slaps down litigious California man who sued airline for running out of chicken entrees
(DBN)

Why a GOP-appointed judge just rejected Trump’s massive voter roll demand
(DBN)

Judge rails against ICE's 'open defiance' of numerous court orders
(DBN)

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Wall Street:

 

S&P 500 gains after light inflation data, bounce in chip stocks
(DBN)

'A troubling precedent': Businesses ask Senate to kill a plan to limit stock buybacks and dividends
(DBN)

Wall Street Traders Seize on Fervor and Fear to Set Records
(DBN)

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Layoffs:

Major Union Livid After 1,000 Factory Workers Were Replaced With 50 Robots
(DBN)

Nurses union sues Sturgis Hospital after layoffs
(DBN)

Top economists warn of AI-driven job losses
(DBN)

Meta used AI to target workers with medical conditions for layoffs, lawsuit claims
(DBN)

Verizon Plans New Round of Layoffs This Week
(DBN)

Over 300 employees to be impacted by permanent layoffs at Carlex in East Tennessee
(DBN)

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Space:

SpaceX Stock Plunges to All-Time Low After Competitor Makes Major LeapElon Musk Says His Goal Is for SpaceX to Be Worth More than the Entire Earth
(DBN)

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Climate:

Meet the Climate Lawyer, Biker and Brewer Suing Over a Heat Wave
(DBN)

Why your flights are getting bumpier: Experts reveal the surprising reason severe turbulence has soared by 55 per cent
(DBN)

One of the planet’s strongest heat domes will soon scorch the East CoastMore than 125 million Americans under dangerous heat coast to coast
(DBN)

Parts of Montana were almost as hot as Death Valley on Sunday
(DBN)

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Social Media:

UK teenagers face midnight curfew on using social media platforms
(DBN)

Dim-witted influencers filmed themselves petting alligators days after deadly Florida attack
(DBN)

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Horse Racing:

Report: No One Bids to Save Racing at Hawthorne Bankruptcy AuctionNo Takers to Keep Racing Going at HawthorneITHA: Hawthorne Sold To ‘Non-Racing Entity’
(DBN)

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Consumer Finance:

Consumers turn to buy now, pay later for essential expenses — with growing risks
(DBN)

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Media:

LA Times’ billionaire owner repeatedly fell behind on payments to star correspondent, vendors: report
(DBN)

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Religion:

Catholic Rebels Challenge Pope Leo ExcommunicationA reminder that the pope can and will excommunicate you
(DBN)

Pope Leo War Critiques Are ‘Spiritual’ Vatican Says After Trump-Iran Feud
(DBN)

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Parking:

Filing Alert: Criscione Meyer Entitlement Chapter 11
(DBN)

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Prediction Markets:

'Gambling no matter what anyone calls it': 'Big Short' investor Michael Burry bashes prediction markets
(DBN)

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Personal Finance:

They're doing everything right for retirement. Their parents didn't.
(DBN)

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Footwear:

Corporate bankruptcies rose in June, but shoe firms stay out of fray
(DBN)

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Pharma:

Clearside Biomedical, Inc. Completes Financial Restructuring and Emerges from Chapter 11 with Steel Partners as Plan Sponsor
(DBN)

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Crypto:

FTX to Release Nearly $600 Million to Creditors on July 31
(DBN)

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Golf:

Is LIV Golf Heading for Chapter 11? Peter Kaufman Breaks Down the Restructuring Reality
(DBN)

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Economy:

Inflation eased in June as gas prices fell Here’s the inflation breakdown for June 2026 — in one chart Inflation Slowed During Pause in War With Iran White House Cheers Inflation Data While Iran War Sparks New Price SurgeEven if inflation cooled in June, experts say price pressure isn’t overKevin Warsh Says Fed Has 'No Tolerance' For Persistently High Inflation, Promises Inflation Surge Will Become A 'Thing Of The Past'Trump's Fed chair breaks with White House, says politics won't dictate rate cuts
(DBN)

Inflation, Warsh, and war stoke Treasury yields, putting bond markets on edge
(DBN)

Fed's Warsh to appear before Congress after tentative steps away from Trump
(DBN)

America's unemployment rate may be worse than it seems
(DBN)

Hybrid job market grows as firms refine remote policies
(DBN)

Most Americans believe Iran war will drag on, gas cost will rise: Poll
(DBN)

A Majority of Americans Now Support Seizing Wealth From AI Industry
(DBN)

U.S. Workers Are More Productive Than Ever. And That’s Without A.I.
(DBN)

The left sees a billionaire backlash — and an opening for a wealth tax
(DBN)

United States’ $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
(DBN)

Mark Cuban predicts these 7 types of businesses will disappear in the next 10 years
(DBN)

Trump said he'd never cut Social Security - the trustees' report the government just released says otherwise
(DBN)

MassMutual CEO says Americans’ share of the US debt is going up $10 a day
(DBN)

Senators introduce bipartisan plan to tackle Social Security insolvency
(DBN)

US refunds $81bn in Trump tariffs after supreme court ruled them illegal
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Part 2: Current State of the Housing Market; Overview for mid-July 2026
(DBN)

LegalShield Foreclosure Index Hits Six-Year High as Expired FHA Relief Comes Due
(DBN)

Map Shows Worst Cities for First-Time Homebuyers
(DBN)

Private equity firms can no longer buy single-family homes under new federal law
(DBN)

The Crisis Behind the Housing Crisis
(DBN)

NYC housing crisis hits ‘DefCon 1’ as rents jump to more all-time highs
(DBN)

Filing Alert: Highpoint Associates VI Chapter 11
(DBN)

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Oil/Gas:

Oil prices off highs after Trump abandons 20% protection fee on Strait of Hormuz traffic
(DBN)

Oil Prices Climb for Fourth Day as Iran Threatens New Energy Chokepoints
(DBN)

BMI Says Outlook for Oil Prices in Q3 Now Highly Uncertain
(DBN)

Fuel Group Trading files Chapter 11 bankruptcy
(DBN)

Trump’s Hormuz brinkmanship is worsening a global fuel crunch
(DBN)

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Autos:

Lucid brings in turnaround advisers as EV sales slump Lucid stock plunges after report says bankruptcy on the tableLucid has hired bankruptcy specialists AlixPartners amid mass layoffs and a full leadership overhaulLucid Calls Bankruptcy Report “Completely False.” One Question About AlixPartners Remains Lucid shares pare losses after rebuffing bankruptcy rumors Lucid denies report that bankruptcy on the table. The stock is still sharply lower. Will Lucid File for Bankruptcy in 2026? Crypto Prediction Market Raises the Odds Despite EV Maker's DenialLucid Motors Definitely Isn't Trying To Decide Between Bankruptcy Or A Buyout, Despite The Rumors And ReportsLucid bankruptcy rumors: Next Tesla or Nikola?Heads up for Lucid funded traders, the talk about Lucid bankruptcy is a completely different firm
(DBN)

The American E.V. Has Been Crushed. Will It Take the U.S. Auto Industry With It?
(DBN)

New Jersey Poised to Ban Self-Driving Tesla Robotaxis
(DBN)

Tesla’s Safety Camera Lets Woman Cruising at Highway Speed While Completely Passed Out
(DBN)

China’s monthly car exports surge past 1M as overall trade soars
(DBN)

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Politics:

Tracking approval and key issuesPresident Trump hit with humiliating poll as Iran crisis spirals
(DBN)

Trump Paid $2 Million by South Korean Company Facing Trade Investigation
(DBN)

Trump is driving another nail into the coffin of US science
(DBN)

He Says He Killed a Man. Republicans Nominated Him Anyway.
(DBN)

McConnell took a photo with that day’s newspaper. The internet has questions.WaPo fact-checks McConnell hospital photo featuring paper — with definitive findings
(DBN)

Trump Asked if Lindsey Graham Was Poisoned by RussiaLindsey Graham’s emotional sister Darline officially sworn in to take over Senate seat just days after his sudden death
(DBN)

'Enough is enough': Lawmakers criticize Trump over resumption of Iran warReports reveal Trump quietly notified Congress US is at war with Iran again
(DBN)

Emails detail confusion in State Department over Trump plan to destroy contraceptives
(DBN)

How US commerce secretary's Epstein links were uncovered by British whistleblower
(DBN)

'Total collapse of reality': Trump's massive reflecting pool claim just got even biggerTrump's Reflecting Pool fiasco takes a turn as onlookers zero in on motorcade tire tracks
(DBN)

House Republicans to meet with Hegseth at Pentagon on $350 billion request
(DBN)

Warren Buffett stops Gates Foundation donations following Epstein revelations
(DBN)

US government rescinds $10 billion freeze for 5 states governed by Democrats
(DBN)

RFK Jr. faces Hatch Act complaint after intervening in congressional races
(DBN)

Trump's ex-campaign manager is running an Israeli influence operation targeting the MAGA base
(DBN)

Elon Musk likely broke the law by giving voters $1 million, Wisconsin board says
(DBN)

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Assisted Living:

Senior Living Must Reinvent Itself Before Demand Surges Beyond Control
(DBN)

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Banking:

Big Banks Smash Earnings Records, but ‘Tectonic’ Risks LoomBanks rake in big profits as both Wall Street and the US consumer stay strong
(DBN)

Why High Credit Card Delinquencies Aren’t Showing Up At The Big Banks
(DBN)

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Climate:

A Staggering Number of People Are Dying Because of Record Heatwaves
(DBN)

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Utilities:

Public Statement of Certain PREPA Bondholders
(DBN)

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Student Debt:

Graduates from these colleges struggle most with student loan repayments
(DBN)

Student Loan Update: GOP Bill Would Codify Major Change for Borrowers
(DBN)

Nearly a million people have left the SAVE student-loan program. Here’s where they went.
(DBN)

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Ride Hailing:

Robotaxi riders are falling asleep, sparking frantic 911 calls
(DBN)

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Tax:

Billionaires who fled California wealth tax risk intrusive residency audit
(DBN)

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Food/Beverage:

Checkers Drive-In franchisee files Chapter 11 bankruptcy
(DBN)

The Latest in the Uncle Nearest Whiskey Saga: Federal Fraud Investigations
(DBN)

Uncle Nearest receiver counterclaims against Farm Credit
(DBN)

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Jails:

R.I. detention facility for federal inmates and ICE detainees files for bankruptcy protection to reorganize $160m debt
(DBN)

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Contract Research:

Inotiv Announces Confirmation of Plan of Reorganization
(DBN)

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Credit Repair:

SC businessman found guilty of defrauding credit repair clients in scheme feds say netted nearly $1M
(DBN)

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Agribusiness:

Peach Farmers Forced to Adjust After Major Buyer Enters Bankruptcy
(DBN)

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Private Credit:

'Nobody underwrote for that': Private credit faces a key test as higher rates squeeze borrowers
(DBN)

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  New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (1 new filing today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

 

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Settlements:

Trustee Can Reject A Settlement Before Entry Of A Rule 9019 Order—But Other Parties Can’t? (In re Law Enforcement)
(DBN)

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Consumer Bankruptcy:

Summary of the 2nd Annual NC Consumer Bankruptcy Attorney Fee Roundtable
(DBN)

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Avoidance Actions:

The Preference Wave Is Coming: What Vendors Should Do Now
(DBN)

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Cross-Border:

New York District Court Affirms Narrow Scope of “Public Policy Exception” in Chapter 15 Cases
(DBN)

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Intercreditor:

Serta Bankruptcy Court Awards Approximately $400 Million Judgment Following Fifth Circuit Uptier Ruling
(DBN)

Serta decision mostly meaningless to the market
(DBN)

Moelis restructuring co-heads discuss the evolution of distress, LMEs and Chapter 11 filings
(DBN)

The Default Notice — An uptier by any other name… is probably permitted
(DBN)

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D&O:

Del. Court: “Larger Settlement Rule” Applies to Insurance Allocation Dispute
(DBN)

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Aviation:

Boeing records highest first-half deliveries since 2018
(DBN)

United Airlines’ new upsell: Keeping other travelers out of the middle seat
(DBN)

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Education:

A Decorated Historian’s Research Comes Under Fire
(DBN)

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Water:

Lake Powell reaching critically low elevation levels, nearing 'dead power pool,' experts say
(DBN)

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Tech:

Americans hate AI so much that politicians are starting to lose their jobs over it
(DBN)

New Anthropic Ad Implies AI Could Kill Us All
(DBN)

US Companies Are Realizing That Chinese AI Models Are Way Cheaper, Ditch American Ones
(DBN)

When China’s open-source AI is a trap
(DBN)

SoftBank Group's CEO says $5 trillion a year needed globally to meet AI demand
(DBN)

Satya Nadella has issued a shocking warning to companies using AI
(DBN)

Chamath Palihapitiya says soaring AI token spend will hit companies’ earnings
(DBN)

AI was supposed to save companies money. Instead, it’s blowing up budgets in a big way
(DBN)

Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data
(DBN)

How we use and pay for AI is undergoing a major shift
(DBN)

Generative AI Doesn't Scale
(DBN)

The Economics of Data Centers Creating Jobs Are So Bad That They Sound Like a Joke
(DBN)

Sheriff Unveils Humanoid Robot for Hostage Negotiation Purposes, Which Definitely Won’t End in Disaster
(DBN)

IBM shares bleed 26% as IT major disappoints street with earnings scorecardIBM sends 'shockwave' through tech industry with AI warning$68bn wiped off IBM on its worst day ever
(DBN)

The honeymoon is over: Wall Street is falling out of love with AI's newest stocks
(DBN)

New York Becomes First State to Halt AI Data Centers—Will Others Follow?
(DBN)

Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years and split the town in two
(DBN)

Why the internet is becoming so infuriating to use
(DBN)

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Healthcare:

Ogdensburg officials say employees and patients are concerned about future of hospital as it navigates bankruptcy
(DBN)

Palo Verde Hospital Continues Recovery Efforts After Bankruptcy Crisis
(DBN)

HCA cuts profit forecast as Obamacare coverage losses drive up uninsured patients
(DBN)

MAGA lawmaker demands more health care cuts to pay for war
(DBN)

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Theatre:

Andrew Lloyd Webber says Broadway in ‘dire danger’
(DBN)

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Personal Genomics:

23andMe Strikes $18 Million Deal With States Over Data Breach
(DBN)

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Summer Camps:

Simad Holdings nears first deal to sell summer camp
(DBN)

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UK:

Insolvency Service returning millions to creditors and economy
(DBN)

Number of farms up for sale in England hits two-decade high
(DBN)

US-style ‘whites-only’ towns spread to Wales
(DBN)

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EU:

Is the US or Europe better off?
(DBN)

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Canada:

What Canada gave up to Trump to open the Gordie Howe bridgeWall Street Journal publishes editorial critical of Gordie Howe Bridge
(DBN)

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Russia:

Putin was Xi’s role model. Now he’s the junior partner.
(DBN)

Putin, now losing in Ukraine, may resort to a desperate gamble in the Baltics
(DBN)

The Ukraine-Russia War Reaches a New Phase
(DBN)

Ukraine targets Russian shipping in ‘unprecedented’ drone assault
(DBN)

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MENA:

Trump backs off 20% toll on ships in Strait of Hormuz, pushes US investmentsDonald Trump has no good options for reopening the Strait of Hormuz
(DBN)

IDF kills Hamas naval commander in Gaza City airstrike
(DBN)

A Return to ‘Hot War?’: Where the US and Iran Could Escalate FightingTrump pledges to escalate attacks until Iran relents on Hormuz Donald Trump’s return to war with Iran offers no clear path to victoryWashington and Tehran send warnings by missile
(DBN)

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China:

China Evergrande liquidators warn PwC partners not to use divorce to shield assets
(DBN)

China reports lowest GDP growth in more than 3 years
(DBN)

Empty skyscrapers: China's property slump still throttling growth
(DBN)

China's exports ride AI boom as domestic economy strugglesChina's Q2 economic growth cools to 3-1/2-year low as imbalances worsen
(DBN)

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Ireland:

Bankruptcy cases by creditors more than double
(DBN)

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Germany:

KODi files for insolvency under self-administration
(DBN)

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India:

The India-UAE Corridor’s $600 Million Lesson in Reading a Settlement Correctly
(DBN)

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Australia:

Bankrupt developer Jean-Dominique Huynh racked up $20m gambling debt
(DBN)

Gold Coast Insolvency Firm Reviews FY2026 Activity, Calls for Early FY2027 Action
(DBN)

Network RV director faces probe over alleged insolvent trading amid group’s $36m debt
(DBN)

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Singapore:

Singapore's economy expands 5.7% in the second quarter, beating expectations
(DBN)

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Spain:

Spain Will Auction Historic Rioja Wine Brands in Insolvency Sale
(DBN)

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