August 13, 2025

The Daily Bankruptcy News

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Law:

Troutman Pepper Locke Expands Bankruptcy and Restructuring Group With Additions of Three Partners in Boston and Charlotte
(DBN)

Lawyer-on-Lawyer Violence: ‘Disqualified Counsel’ Provisions Emerge in US Deal Documentation
(DBN)

Did Associates Who Quit Over Trump Deals Burn Big Law Bridges?
(DBN)

Education Lawyers Fired by Trump Start Firm in ‘Chaotic’ Stretch
(DBN)

Trump Rightly Buttresses SCOTUS Ruling Against Racial Preferences
(DBN)

U.S. citizen detained by ICE in L.A. says she wasn't given water for 24 hoursTeen with disabilities reportedly detained by ICE outside L.A. schoolAccused of racism and retaliation, this Idaho sheriff is now working with ICEKari Lake’s Attempt to Deport Her Own Employees
(DBN)

Labor union takes aim at Trump admin's 'unlawful' disclosure of Social Security data
(DBN)

Pentagon plan would create military ‘reaction force’ for civil unrest
(DBN)

Trump Burger, the MAGA-themed restaurant whose owner is about to be deported
(DBN)

Uvalde school records show teenage gunman’s spiral before 2022 shootingDocuments released on Uvalde massacre show police chief did not follow training on active shooters
(DBN)

Texas woman claiming she was tricked into abortion sues pill provider
(DBN)

CDC shooter died by suicide after firing hundreds of rounds
(DBN)

The 5 Wildest Moments From Laura Loomer’s Rollercoaster Bill Maher Defamation Case Deposition
(DBN)

Arrests made after Brad Pitt's L.A. home was broken into and ransacked
(DBN)

A driver faces up to $110,000 in fines for speeding on a Swiss street. But he can afford it
(DBN)

'Light that b— up!': Husband gets person to torch wife's car with her inside, cops say
(DBN)

'It’s about to get switchy in here': Gunman walks into hospital ER, murders man, cops say
(DBN)

Man touted '2nd Amendment' as he threatened to 'slit' throats of Secret Service agents
(DBN)

'Oh, you're allergic? Good': Woman unleashed beehives on deputies and bystanders: Cops
(DBN)

Mom ditched kids, including 5-year-old with autism, at hotel to fend for themselves: Cops
(DBN)

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Judges:

AI: I'll Be the Judge of That!
(DBN)

Appeals Court Allows DOGE Access to Sensitive Data at Several Agencies
(DBN)

The perils of using class actions as a replacement for universal injunctions
(DBN)

Supreme Court formally asked to overturn landmark same-sex marriage ruling
(DBN)

Judge says ICE can't hold detainees at NYC facility unless it improves conditions and gives them sleeping mats
(DBN)

Whole federal district court sued by Trump mocks 'rather rich' argument in DOJ lawsuit
(DBN)

Judge scolds Trump administration for withholding funding Congress approved
(DBN)

DOJ paints dark picture of consequences if federal court finds Trump's tariffs are illegal
(DBN)

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Wall Street:

Stock futures rise as S&P 500 and Nasdaq get set to build on record highs
(DBN)

Global Stocks Extend Rally on Fed Easing Optimism
(DBN)

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Layoffs:

61 hospitals, health systems cutting jobs
(DBN)

VA Reverses Mass Layoffs but Still Plans 30K Staff Cuts
(DBN)

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Healthcare:

2nd Chicago hospital at risk following sister facility’s closure
(DBN)

19 health system rating downgrades
(DBN)

AI Eroded Doctors’ Ability to Spot Cancer Within Months in Study
(DBN)

Other Nations Move Toward Making Their Own Vaccines as US Cuts Funding
(DBN)

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Autos:

Why Ford is doubling down on electric vehicles
(DBN)

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Hotels:

US hotel growth forecast downgraded — again
(DBN)

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Education:

Harvard Ready to Pay $500 Million for Job Training in Trump Deal
(DBN)

Hillsborough County schools remove LGBTQ+ book under state pressure
(DBN)

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Imaging:

Kodak faces risk of going out of businessKodak says debt obligations threaten company's survival 133 years after its founding Kodak’s Demise Holds a Lesson for the AI AgeA Flash in the Pan: The Strange Story of Kodak's Ill-Fated Crypto VentureKodak cautions on business operations but remains confident it can meet debt obligations
(DBN)

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Utilities:

Record U.S. power usage predicted in 2025, 2026
(DBN)

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Crypto:

Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse
(DBN)

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Student Debt:

Written Testimony about the Private Student Loan Market, before the Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection
(DBN)

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Assisted Living:

Nursing Homes Shrouded by Regulatory Changes, Financial Strain
(DBN)

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Celebs:

Dr. Phil Loan to Bankrupt Merit Street Is Unfair Deal, DOJ Says
(DBN)

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Economy:

Trump threatens Fed chair Powell with ‘major lawsuit,’ demands interest rate cutTrump Says He May Allow Lawsuit Against Powell Over Fed Renovation
(DBN)

Trump Thinks He Is the C.E.O. of Everything. Awesome.
(DBN)

Bets on Outsize Fed Cut Gain Steam as CPI Data Backs Doves
(DBN)

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear
(DBN)

Fed’s Schmid Says Policy Stance Still Appropriate for Time Being
(DBN)

Nomura Now Sees Fed Cutting in September After Muted CPI Report
(DBN)

Bessent Hints Fed Should Be Open To A Half-Point Rate Cut
(DBN)

Trump Names Heritage’s EJ Antoni to Lead Bureau of Labor Statistics
(DBN)

Trump's BLS nominee suggests suspending jobs report
(DBN)

Trump appointments could bring on a breakdown of economic trust
(DBN)

German Car Lobby Urges Action On EU-US Trade Deal DelaysAudi Workers Demand German Job Security Before Backing US Expansion US Auto Exports to Canada Plummet on Tariff Tussle With Trump In China's Factory Heartland, Warehouses Weather Trump TariffsBessent Dismisses China Investing in US as Part of a Trade DealChina and India Rebuild Ties After Modi’s Rupture With TrumpIndia, China to Resume Direct Flights in Sign of Closer Ties Trump Mocks Goldman CEO, Says Bank Made Bad Call on TariffsTrump tells Goldman Sachs CEO David Solomon to replace bank’s economist over tariff predictionsTariff Derangement Syndrome Is Meeting Reality
(DBN)

A top economist who thinks we're on the brink of a recession says he's eyeing these 3 warning signs
(DBN)

Key Consumer Price Index gauge rises as Trump trade war weighsHere Are the Key Takeaways From the US CPI Report for JulyCleveland Fed: Median CPI increased 0.3% and Trimmed-mean CPI increased 0.2% in JulyBLS: CPI Increased 0.2% in July; Core CPI increased 0.3%YoY Measures of Inflation: Services, Goods and ShelterHere’s the inflation breakdown for July 2025 — in one chartInflation remained stubborn in July, as energy and food offset increases elsewhereUS consumer prices increase moderately in July; data quality concerns risingUS Core CPI Picks Up on Services; Goods Inflation More Subdued
(DBN)

Fed board contenders Miran, Bullard say Trump’s tariffs are not causing inflation
(DBN)

These industries are the most reliant on noncitizen workers
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

MBA: Mortgage Applications Increase in Latest Weekly SurveyWeekly mortgage refinancing demand shoots 23% higher, with riskier loans making a comeback
(DBN)

Under water: How FEMA's outdated flood maps incentivize property owners to take risks
(DBN)

Dodgers star Shohei Ohtani and agent accused of sabotaging $240M Hawaii real estate project
(DBN)

Quantum computing could be commercial real estate’s next big tailwind
(DBN)

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Municipalities:

Sheriff says Cle Elum bankruptcy unlikely to disrupt jail, search-and-rescue contractsBankruptcy judge approves Cle Elum’s request for credit cards
(DBN)

City of Isleton seeks $800,000 loan from Sacramento County to avoid bankruptcy
(DBN)

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Oil/Gas:

Global Oil Markets Face Record Supply Glut Next Year, IEA Says
(DBN)

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Politics:

Krugman: Trump Plays the Carnage CardTrump FactCheck: Washington, D.C., has 41 homicides per 100,000 people, “No. 1 that we can find anywhere in the world.” Washington residents and statistics contradict Trump: ‘I’ve never felt threatened’Trump to Washington: Drop dead Inside Trump's power play for more control in D.C.How Trump’s DC takeover could supercharge surveillanceNational Guard troops arrive in D.C. to execute Trump's order to address crimeTrump takeover comes as crime is down, figures showTrump Is Right That D.C. Has a Serious Crime ProblemTrump’s Farcical D.C. CrackdownTrump’s rhetoric about DC echoes a history of racist narratives about urban crime
(DBN)

Trump, White House stop citing WSJ after Epstein storyIs there any reason to pardon Ghislaine Maxwell except to buy her silence?Trump Nemesis Is Bringing Epstein Victims to Capitol to Push for Files Release
(DBN)

The President’s Police State
(DBN)

Defense Secretary Pete Hegseth belongs to an archconservative church network. Here’s what to know
(DBN)

Texas Democrats Weigh Return to State in Redistricting Showdown Texas Republicans plan another special session to deliver Trump more GOP congressional seatsGroup opposed to partisan gerrymandering signals openness to Dem countermeasuresInside Newsom’s ‘no regrets’ strategy in fighting Trump, TexasAbbott: Texas can ‘eliminate’ 10 Democratic districts in response to CaliforniaKen Paxton asks judge to jail Beto O’Rourke for fundraising Texas Dems' walkout
(DBN)

Musk AI labels Trump 'senile'
(DBN)

Fuming Loomer Goes Nuclear on Marjorie Taylor Greene in All-Night Attack
(DBN)

‘It’s Shocking That Fox News Allows Him To Continue’: Marjorie Taylor Greene Goes Nuclear on ‘Psychopath’ Mark Levin
(DBN)

Republican Gets Booed in Furious Town Hall Trainwreck: ‘F*** You!’
(DBN)

Mamdani leading NYC mayor race by 19 points: Poll
(DBN)

Second MAHA report’s release delayed
(DBN)

White House to Vet Smithsonian Museums to Fit Trump’s Historical Vision
(DBN)

'Not Welcome': English Town Protests Against JD Vance's Holiday
(DBN)

Texts, emails show confusion among officials during Texas flooding
(DBN)

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Tech:

The AI Takeover of Education Is Just Getting Started
(DBN)

'I sold my face to AI - now I'm terrified I'm trapped in a nightmare'
(DBN)

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Retailing:

“Why not just walk out?”: Claire’s managers are posting goodbye videos as liquidation sales begin
(DBN)


Cava stock plummets after company lowers forecast on disappointing same-store sales growth
(DBN)

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Trucking:

8 more trucking companies go bankrupt, 2 shut down
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (36 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mediation:

Over-Use Of Caucus Format In Mediation Is A Bad Thing? (A Study)
(DBN)

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Mass Torts:

MDL Strikes Back
(DBN)

Third hearing set for Baltimore Archdiocese abuse survivors to share stories
(DBN)

'Very scary': Hearing held for parishes suing the Buffalo Diocese
(DBN)

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Bankruptcy Research:

Conflicting Values in Judicial Valuations
(DBN)

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Aviation:

Spirit Airlines warns about its ability to stay in business over next year
(DBN)

Boeing’s July aircraft deliveries tumble 20% from June, trailing Airbus
(DBN)

Air Canada Says Talks at Impasse After 38% Offer to Union Air Canada’s Flight Attendants Plan to Strike from Saturday
(DBN)

Potential Investor Reemerges For Bankrupt Lilium
(DBN)

Plane crashes into parked aircraft while landing at Montana airport, sparking fire
(DBN)

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Fraud:

From $22M Per Year in McKinney to Bankrupt and Indicted: The SVAL Story
(DBN)

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UK:

New Hope Emerges for Insolvent UK Refinery
(DBN)

Wiltshire business insolvency activity on the rise again
(DBN)

Over 50,000 Migrants Cross Channel Since UK PM Elected: Figures
(DBN)

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Russia:

Russia breaks through Ukrainian frontline as Putin sends 110,000 troops into the meatgrinder days before Trump summitRussia Planning New Offensives On Three Parts Of Ukraine Front: Zelensky
(DBN)

Trump says he hopes to get 'prime territory' back for Ukraine
(DBN)

Putin heads to Trump summit confident he is winning in Ukraine
(DBN)

What Ukraine wants (and fears) ahead of the Trump-Putin summit in Alaska
(DBN)

Near The Front, Ukraine Troops See 'No Hope' In Trump-Putin Meet
(DBN)

Military Aid To Ukraine: Europe Gives More, Widening Gap With US
(DBN)

Ukraine won’t give up Donbas, Zelenskyy vows ahead of Trump-Putin meeting
(DBN)

Vladimir Putin Could Be Laying a Trap
(DBN)

US Summit In Alaska A 'Personal Victory' For Putin, Zelensky Says
(DBN)

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MENA:

Netanyahu ‘in denial’ over Gaza suffering: Australia PMBucking Mounting Concern Over Gaza, Israel Sees 'No Signs' Of StarvationEU, UK And Japan Urge Action Against 'Famine Unfolding' In Gaza
(DBN)

'Nothing Will Be Left': Israel Prepares For Gaza City Battle
(DBN)

Israel PM Says 'Will Allow' Palestinians To Leave Gaza
(DBN)

Israeli military takeover of Gaza would be ‘catastrophic,’ EU commissioner warns
(DBN)

Israeli Hostage Families Call for Nationwide Walkout
(DBN)

Why Is Reuters Carrying Water for Hamas?
(DBN)

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India:

Avoidance Transactions vs Fraudulent or Wrongful Trading: Supreme Court Decodes the Distinction in IBC Regime
(DBN)

Out-Of-Court Mechanism Proposed In Bankruptcy Law Amendment Bill
(DBN)

Lenders prioritized over government’s dues in IBC Amendment Bill, guarantors can't disrupt insolvency
(DBN)

Revamping Insolvency: New Amendment Bill Targets Speed and Efficiency
(DBN)

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Germany:

Far-right AfD takes lead in Germany, says bombshell new surveyMerz’s Conservative Bloc Slips Behind Far Right in New Survey
(DBN)

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Malaysia:

More than 4,000 civil servants declared bankrupt since 2020
(DBN)

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China:

China Evergrande Group Says To Delist From Hong KongEvergrande's Debt Bomb Swells to $45 Billion -- Liquidators Warn of Long, Painful RecoveryEvergrande Liquidators Hire UBS, Citic for $1.1 Billion Unit SaleWhy China Can’t Sort Out Its Property Market Mess
(DBN)

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Italy:

The Italian Court Confirms that the Principle of Competitiveness in Buyer Selection During Negotiated Business Crisis Settlements cannot be Dispensed with
(DBN)

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Bolivia:

No Bread, No Fuel, No Dollars: How Bolivia Went From Boom To Bust
(DBN)

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Brazil:

Samarco gets court approval to exit bankruptcy proceedings
(DBN)

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Kenya:

Nairobi Hospital moves to court to stop Sh51 million insolvency suit
(DBN)

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