March 3, 2026

The Daily Bankruptcy News

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Law:

DOJ Drops Defense Of Biglaw Executive Orders, Leaving Capitulating Firms Holding $940 Million BagTrump to Drop Court Fight Against Law Firms Targeted in OrdersTrump to drop battle against law firms over punitive executive ordersTrump Rattles Top Law Firms Before Bowing Out of Court Fight
(DBN)

Kirkland Pressed by Democrats on Epshteyn’s Role in Trump Deal
(DBN)

Katten Partner Profits Top $3.3 Million as Firm Eyes More Growth
(DBN)

Cadwalader Enhances NY-LON Corridor Secured Creditor Capabilities With Financial Restructuring Partners Shai Schmidt and Jakeob Brown
(DBN)

What Happens When Being The ‘Most Feared Firm’ In Biglaw Becomes A Branding Problem?
(DBN)

Skadden and Client Sanctioned
(DBN)

Law school offers its own student loans as US borrowing cap looms
(DBN)

Writing Isn’t a Nice-to-Have Skill. Here’s How to Train the Team
(DBN)

As Litigation Finance Grows, Law Students Have Opportunity To Get In On It Early
(DBN)

AI Feeds Demand for Shared Client, Outside Counsel Work Space
(DBN)

Fortunate Son: Practice is hard work, with some gold record moments, entertainment lawyer says
(DBN)

Biglaw Drafts Evacuation Plans As Missiles Fly In The Middle East Major Law Firms Draw Up Middle East Evacuation Plans Amid Iran Attacks
(DBN)

District attorney drops charges against lawyer who shot man outside cigar bar
(DBN)

Artificial intelligence reflects the people in the room
(DBN)

Trump’s Unilateral Attack on Iran Paves Way for Broader Dispute Over War Powers
(DBN)

I’m a tax-paying white-collar worker. Now ICE wants to deport me Worms in food, poor medical care, lights on 24/7: Families tell of life in Texas detention centerMan accused in Fairfax bus stop killing entered US illegally, DHS says
(DBN)

ABA amicus brief addresses legal chaos that would result from elimination of birthright citizenship
(DBN)

Mayor accused of raping drunken 16-year-old at pool party ordered ‘morning after’ pill on DoorDash
(DBN)

Civil rights lawyer Ben Crump pens legal thriller whose main character may seem familiar
(DBN)

U.S. cities step up security amid Iran tensions
(DBN)

Trump touted support for gun rights but has defended restrictions in court
(DBN)

Deadly Texas bar shooting may have been motivated by Iran attacksThird victim dies in Austin mass shootingWhat to know about the deadly shooting at a Texas bar and the gunman
(DBN)

Federal prosecutors in Luigi Mangione case won’t appeal ruling barring death penalty
(DBN)

Stepfather blew away stepson for 'stealing tools and money': Police
(DBN)

Man bragged that he 'just lost it' when he 'blasted' his mom and her boyfriend
(DBN)

'He was shaking': Therapist uses shoe, racket to beat nonverbal boy, police say
(DBN)

Fake mailman delivered letter demanding cryptocurrency before attacking homeowners: Police
(DBN)

Dad comes home from business trip to find wife killed their children ages 11 and 14: Cops
(DBN)

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Judges:

Bankruptcy Judgeship Opportunities: Three Positions Northern District of California - San Francisco & San Jose
(DBN)

Chief Judge Alan S. Trust Recalled by the Second Circuit
(DBN)

Free Online Filing Available For Proofs of Claim
(DBN)

When It Comes To Judges, Trump Is An ASS Man Scalia Law grads most likely to be picked as federal judges by Trump
(DBN)

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Wall Street:

Dow futures drop 900 points as traders fear U.S.-Iran conflict could drag on
(DBN)

Jamie Dimon Says Exuberant Market Doesn’t Match ‘Fine’ EconomyJPMorgan's Jamie Dimon warns there's too much complacency in markets
(DBN)

I smell a crash coming, says former Goldman Sachs boss
(DBN)

The smartest money moves to make as the Iran conflict rattles markets
(DBN)

As global markets tanked over Iran, U.S. stocks were mostly unscathed. Here's why.
(DBN)

Iran conflict hits a market that's more overvalued than during the 1973 oil shock
(DBN)

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Layoffs:

First Brands bankruptcy will result in 302 Darke County workers losing their jobsFirst Brands to close Cleveland corporate office and multiple Ohio facilities amid executives' fraud scandal, impacting 1,200 jobs
(DBN)

Paramount Skydance, Warner Bros. staffers fear devastating layoffs following merger
(DBN)

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Culture:

Corporate worker’s toilet horror story sparks grim debate: ‘Situation is f–ked’
(DBN)

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Education:

Supreme Court blocks law against schools outing transgender students to their parents in California
(DBN)

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Fraud:

February 2026 Ponzi Scheme Roundup
(DBN)

DOJ Begins $15.5 Million Payout to Victims of Roger Knox Microcap Fraud
(DBN)

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Autos:

First Brands Parts Bankruptcy Could Become A Hot Mess For Ford
(DBN)

JPMorgan, Barclays, Fifth Third sued over Tricolor
(DBN)

The Obscure Fee Costing You More to Buy a Car
(DBN)

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Tech:

Anthropic vs. White House puts $60 billion at riskTreasury terminates Anthropic AI use after Trump's orderUS Military Using Claude to Select Targets in Iran StrikesAnthropic's Pentagon standoff signals a broader corporate pushback
(DBN)

OpenAI makes changes to ‘opportunistic and sloppy’ Pentagon dealFacing backlash, OpenAI's Sam Altman says he made a 'sloppy' mistake in Pentagon deal
(DBN)

Hate To Say I Told You So Again: Your Chats Ain’t Private
(DBN)

AI Tools Are Supercharging Hackers
(DBN)

Rubber’s History Could Be a Window Into AI’s Future
(DBN)

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Gambling:

Iran war prediction market bets draw heat: ‘Insane this is legal’
(DBN)

Polymarket users won big with unusual bets on US attack on Iran
(DBN)

Kalshi and Polymarket Are Economic Oracles
(DBN)

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Entertainment:

Netflix Boss Ted Sarandos Speaks Out After Losing Warner Bros. Bid: Paramount Offers Were ‘Irrational,’ Relied on Political Pressure Because It’s ‘Cheaper to Make Noise’
(DBN)

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Retailing:

Nearly 200 clothing stores closing after bankruptcy filing, gift cards set to expire soon
(DBN)

3 biggest pharmacies to close 880 locations – and the next wave is already underway
(DBN)

Target’s holiday-quarter sales and store traffic drop, as retailer tries to snap its slump
(DBN)

Analysts suggest some retail bankruptcies are self-inflicted
(DBN)

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Religion:

Catholic bishops: Trump’s assault on birthright citizenship affronts Catholic teaching
(DBN)

Chasing the apocalypse: Radical Shiite clerics on American soil preach prophetic showdown with US
(DBN)

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Celebs:

'RHOA' Star Pinky Cole Files For Bankruptcy
(DBN)

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Motors:

Nidec warns of US$1.6 bil in charges from accounting scandal
(DBN)

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Economy:

Kevin Warsh’s push to shrink Federal Reserve’s balance sheet would evolve slowly
(DBN)

Iran conflict unlikely to hurt U.S. economy or boost inflation - but the Fed won't be quick to cut rates
(DBN)

Manufacturing grows for second straight month despite headwinds: ISM
(DBN)

Trump Administration Seeks Delay in Tariff Refund Court FightTariff Refund Delays Could Cost Taxpayers $700 Million a Month
(DBN)

Retail customers file lawsuits over tariffs against FedEx and Ray-Bans maker
(DBN)

Bonds head for biggest selloff in nine months as Iran conflict sparks unusual Treasury moves
(DBN)

The economy looks great on paper - but this split in consumer mood spells trouble
(DBN)

Iran conflict could worsen America's affordability crisisTrump's war on Iran could make many things more expensive, despite his affordability promises
(DBN)

The war in Iran could lead to a 'guaranteed global recession' because of one chokepoint that is crucial to the world economy, analyst says
(DBN)

Trump’s Iran War Adds New Potential Shock for US Economy, Voters
(DBN)

As Trump declares inflation tamed, Iran conflict threatens new price pressures
(DBN)

Jamie Dimon expects cyber, terror attacks in retaliation for Iran strikes
(DBN)

Dimon Warns Higher Inflation Risks Being ‘Skunk at a Party’ for US Economy
(DBN)

Sanders, Khanna to propose federal billionaires wealth tax
(DBN)

More People Moving Out Of U.S. Than In For First Time Since Great Depression
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Final Look at Local Housing Markets in January
(DBN)

Opendoor CEO says his firm is offering mortgages at 4.99%. Some are puzzled how.
(DBN)

Mortgage Delinquencies Jump As Early-Stage Credit Stress Broadens
(DBN)

Welcome to Wyoming, the Frontier of America’s New Gilded Age
(DBN)

Mark Zuckerberg’s $170 Million Mansion Buy Breaks Miami Price Records
(DBN)

Filing Alert: RAD Diversified REIT Chapter 11Tampa real estate trust to liquidate after Ponzi allegations
(DBN)

Farewell to the Graffiti Towers: Sale agreement underway for Oceanwide Plaza in heart of Downtown
(DBN)

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Municipalities:

Clay County Supervisor warns of impending insolvency
(DBN)

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Oil/Gas:

Iran attack on giant Saudi refinery pushes up oil pricesIran conflict spurs early oil price surgeU.S. crude oil jumps more than 5%, half the session high, as market monitors Iran war Oil producers vow to boost output as world gauges Iran falloutIran vows to attack any ship trying to pass through Strait of Hormuz
(DBN)

Analysts Warn of Largest Oil Supply Disruption in History
(DBN)

How serious is the Middle East gas price shock?
(DBN)

Oil prices surge to highest in a year as fears of Middle East supply crunch grow
(DBN)

US LNG producers rush to seize on surging gas prices triggered by Iran conflictIran war is upending gas markets
(DBN)

What it would take for oil to reach $120 per barrel, according to JPMorgan
(DBN)

Gas prices on the rise after US strikes on Iran
(DBN)

Chevron's stock surges to a record as U.S.-Israeli attacks on Iran spark an oil rally
(DBN)

Iran strikes halt Qatar LNG output, shaking global energy markets
(DBN)

US has no immediate plan to tap oil reserve on Iran concerns
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

US Senate candidates in Texas make final pitches to voters ahead of Tuesday’s primaryWhy John Cornyn, a Senate GOP stalwart, could lose his Texas primaryGOP insiders fretting over Texas Senate primaryHow Religion Is Playing in the Senate Democratic Primary in TexasA mess in Texas? What to watch in Tuesday’s primaries
(DBN)

Dem leaders fume as insurgents wage costly civil war
(DBN)

Iran strikes inject chaos into Dem primaries
(DBN)

Laura Loomer and the far-right ultra-hawks cheering on Trump in Iran
(DBN)

U.S. Capitol security "heightened" due to Iran conflict
(DBN)

'Peace President' Breaks Record for Attacking the Most Countries
(DBN)

Trump's lethal presidency
(DBN)

Far-right influencer urges followers to 'vote Democrat' and abandon GOP over Iran war
(DBN)

It's AOC or bust for far-left Democrats in 2028Centrist Dems launch '28 mission: Stop AOC
(DBN)

Trump displays worrying new skin condition
(DBN)

Department of Education hangs Charlie Kirk banner outside DC building
(DBN)

Nancy Mace under House Ethics Committee investigation
(DBN)

5 times Trump pushed Congress aside to take control
(DBN)

‘I’m done': Video shows Hillary Clinton angry over leaked photo during Epstein depositionDramatic moment Hillary Clinton slams fist on table and storms out after photo is leaked during her Epstein deposition
(DBN)

Awkward moment Bill Clinton is grilled about Monica Lewinsky & that painting of him in blue dress in Epstein depositionBill Clinton: I don’t believe I was an Epstein ‘honeytrap’ victim
(DBN)

House GOP Releases Bill and Hillary Clinton’s Epstein Depositions
(DBN)

Supreme Court preserves only GOP-held congressional district in New York City for 2026 elections
(DBN)

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Crypto:

Another platform shuts down major marketplaces
(DBN)

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Maritime:

Iran conflict disrupts global shipping as tankers are stranded, damaged
(DBN)

Insolvency proceedings begin for Russia's Yaroslavl Shipyard
(DBN)

Oil supertanker rates soar as Strait of Hormuz effectively shuts
(DBN)

‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran WarWorld’s top container carriers revise sailings to avoid the Middle-East
(DBN)

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Healthcare:

Filing Alert: Nava Health Chapter 11
(DBN)

Bankruptcy judge agrees to give Centurion till Friday to buy Roger Williams, Fatima hospitals
(DBN)

N.Y. Attorney General Orders Hospital to Resume Youth Transgender Care
(DBN)

Minnesota sues to block Trump administration’s withholding of Medicaid funds
(DBN)

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Pharma:

Trump’s ambassador to UK rebukes head of medicines watchdog over drug pricing
(DBN)

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Food/Beverage:

FAT Brands and investors clash over demands amid bankruptcy restructuringUphill Battle at FAT Brands as It Grapples With Bankruptcy, Debt and Lawsuits
(DBN)

Slutty Vegan owner files Chapter 11 bankruptcyAtlanta's Slutty Vegan Queen Hits Bankruptcy Wall in High-Stakes Reboot
(DBN)

Major Kentucky bourbon maker quietly targets high-profile, shuttered distillery
(DBN)

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Banking:

Jamie Dimon says Trump’s $5 billion debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns
(DBN)

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Agribusiness:

USDA Issues Brutal Alert as $4.62 Crop Insurance Price Threatens Mass Insolvency Across Midwest Corn Farms
(DBN)

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  New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (46 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Beasley Allen Ethics Showdown Rattles J&J Talc Litigation
(DBN)

Archdiocese of Baltimore concerned about invalid claimsProcess sought to weed out invalid claims in church bankruptcy case
(DBN)

5 lawsuits detail child sex abuse claims against Pa. treatment center
(DBN)

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Bankruptcy Crimes:

Former president of Marion business convicted of federal bankruptcy crimes
(DBN)

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Aviation:

Southwest slammed over new seating policy ‘disaster’: ‘It’s like extortion’
(DBN)

Airline Cancellations Top 12,000 as Iran Targets More Sites
(DBN)

The speediest airports to test out the controversial ‘airport theory’ trend
(DBN)

Travel stocks fall after thousands of flights grounded following Iran strikes
(DBN)

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Batteries:

One year after Northvolt’s bankruptcy, Swedish green tech says it isn’t dead yet
(DBN)

Absurdity! Blaming Northvolt's Collapse on China
(DBN)

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Private Credit:

Blackstone said its flagship private-credit fund saw heavy outflows
(DBN)

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Horse Racing:

Hawthorne Bankruptcy: Simulcast, HISA Debt Tops $16.4 Million
(DBN)

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Hotels:

Prism secures 10 Sonder properties for US debut of Belvilla
(DBN)

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Truck Stops:

Filing Alert: Makhani Properties Chapter 11
(DBN)

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Campgrounds:

Maine Campground Files for Bankruptcy, Staves Off Auction
(DBN)

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UK:

Elliott Pursues Failed UK Lender MFS Over £200 Million ExposureElliott amassed £200mn exposure to collapsed mortgage provider MFS
(DBN)

When does an administration end? The effect of a para 84(4) notice
(DBN)

Freeths retains position as UK’s leading insolvency firm in latest Solomonic rankings
(DBN)

Council tax rise for Birmingham agreedBalanced budget marks city as no longer bankrupt
(DBN)

Row as councillors change their mind minutes before council tax vote
(DBN)

Doncaster Greens say Reform UK budget could leave city on brink of bankruptcy
(DBN)

Property developer involved in some of York’s biggest schemes declared bankrupt
(DBN)


UK private equity investor plots closure of up to 80 former WHSmith stores
(DBN)

Starmer Faces Dilemma After British Base in Cyprus Was Hit by a Drone
(DBN)

UK to evacuate 96,000 Brits through Saudi Arabia as WW3 edges closer
(DBN)

Trump ‘very disappointed’ in Starmer’s stance on Iran strikes
(DBN)

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EU:

Europe — told of Iran strikes just ‘minutes’ before — struggles to be heard as war escalates
(DBN)

Europe’s economy can ride out Iran war — if over in a month
(DBN)

Europe Tests Trump’s Short Fuse With Delays on US Trade Deal
(DBN)

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Canada:

Canada's economy contracted unexpectedly in fourth quarter of 2025
(DBN)

Nearly half of Canadians regret their debt as persistent ‘debt blind spots’ leave many financially vulnerable: MNP
(DBN)

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MENA:

War widens as Israel and US pound Iran and Tehran and its allies hit back The Goalposts of the Iran War Keep Shifting Trump Says War Could Last Weeks and Offers Contradictory Visions of New Regime Iranian drones hit the US Embassy in Saudi Arabia, while hundreds are reported dead in Iran Donald Trump struggles to explain why he launched another Middle Eastern warTrump pushes back on criticism about Iran battle plan Terrifying map shows every attack by Iran and the US as Middle East war explodesThe Iran war is rapidly engulfing the region Lebanon’s leaders turn on Hezbollah as airstrikes hit Beirut and thousands seek shelter Earthquake in the Gulf: Iran war expands to dozen countries in 72 hours US Insists Iran War Won’t Be Endless as Strikes Engulf Region Iran targets U.S. allies, hits American Embassy in Riyadh UAE and Qatar Urge Allies to Help Trump Find Off-Ramp on Iran Gulf states caught in the middle of US-Iran conflict US intel did not suggest a preemptive strike from Iran before US-Israeli attacks U.S. and Israel delayed original Iran strike by a week, officials say U.S. Military Death Toll Rises to 6 No warning, no siren: Six US service members killed in Iranian strike that hit makeshift operations center in Kuwait Defiant Khamenei loyalist blasts Trump's 'delusional fantasies' as he warns US: 'We will not negotiate' ‘Gloves are off’: how Iran regime’s IRGC could retaliate in the US US and Israeli attacks on Iran put further strain on international law Khamenei killing shatters Iran's order, triggers high-stakes succession race Khamenei's death brings Khomeini's grandson into focus Top U.S. general says it will take time to achieve Iran war goals‘The Big One Is Coming’: Jake Tapper Delivers Blockbuster Iran Report After Private Interview With TrumpTrump won’t rule out sending US troops into Iran ‘if necessary’— says war is progressing ‘way ahead of schedule’Trump warns more U.S. troops will "likely" die in Iran attacksKuwait ‘mistakenly’ shot down three $31M US fighter jets, all crew safely ejected: militaryFourth US service member dies from Iran attacks, military confirmsUltra wealthy paying $350K to flee Middle East on private jets as missiles pummel regionDubai bomb-by-bomb as influencers hide in carparks and tourists have no escape War arrives at a capital of capital ‘Half of Dubai is booking’: expats drive to Oman and Saudi Arabia to find flights out Huge fire as one of the world’s largest oil refineries hit by Iranian drones in Saudi ArabiaUAE Reports Major Fire at Fujairah Oil Hub From Drone DebrisSaudi Aramco's Ras Tanura refinery shut following drone strike from TehranIranian Attacks Target Gulf Energy Infrastructure, Upping the AnteTrump reveals US destroyed 9 ‘important’ Iranian naval ships — and is ‘going after the rest’'Paranoid' Pentagon officials are secretly panickingDubai image as safe, tax-free haven rocked by blastsWorld hurries to respond to rapidly changing war around IranHezbollah launches missiles at Israel from LebanonIran's Missile Math: $20,000 Drones Take on $4 Million PatriotsIranian drones buzz across the Persian Gulf after their pivotal use by Russia in Ukraine Iranian Missile Attacks Set to Strain US Interceptor Stockpiles Why did Iran bomb Dubai? A Middle East expert explains the regional alliances at playExploding drone boats have entered the Iran fight. Oman says one hit a tanker in a fatal blow.
(DBN)

Netanyahu's son 'highly vulnerable target' while living in Miami as he dodges IDF reserve
(DBN)

Hedge Funds, Banks Forced Into Contingency Mode in the UAE
(DBN)

I flew to Dubai for my 30th birthday. Now I'm stranded 8,000 miles from home and terrified after the US strikes on Iran.
(DBN)

U.S. University Campuses in Mideast Move Classes Online as War Spreads
(DBN)

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Russia:

WW3 fears explode as Putin crony makes 'insane' Trump claim - 'Any event could trigger it'
(DBN)

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France:

Macron unveils expansion of France’s nuclear arsenal, opens door to European deterrence cooperation
(DBN)

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Cuba:

Florida mother ‘masterminded’ speedboat mission to topple Cuban regime
(DBN)

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Spain:

US aircraft leave Spain after government says bases cannot be used for Iran attacks
(DBN)

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Australia:

When Insolvency Meets Public Purpose: The Legal Pathways Behind Healthscope’s Potential NFP Transformation
(DBN)

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India:

Section 9 IBC Petition Revived Because Post-Section 10A Defaults Exceeded ?1 Crore Threshold
(DBN)

Crypto in India: How IBC Handles Crypto in Corporate Insolvency
(DBN)

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