August 14, 2025

The Daily Bankruptcy News

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Law:

Biglaw Firms May Be ‘Getting Anxious’ About Lagging Collections
(DBN)

The Am Law A-List: Ranking The Most Elite Law Firms In America (2025)
(DBN)

Attorneys’ Fees Awarded In Civil Litigation Generally Should Be Paid By The Lawyer But Usually The Client Gets Screwed
(DBN)

ABA House adopts policy on law firm intimidation, immigration issuesABA Strikes Back At Trump, Condemning His Attacks On Lawyers And The Rule Of Law
(DBN)

Stop Blaming Career Women For The Falling Fertility Rate
(DBN)

Missing: Biglaw’s Summer Bonus MatchesSome Law Firms ‘Can’t Afford’ Not To Match Milbank’s Summer Bonuses
(DBN)

What Will A Jury Do When The Law Isn’t Fair?
(DBN)

Law Firms Are Still Looking To Diversify Their Workforce
(DBN)

Lawyers who quit BigLaw mostly jobless, but 2 work for opposition firm and another runs for Congress
(DBN)

Second quarter was ‘unnaturally calm’ for law firms amid ‘tumultuous’ backdrop, new report says
(DBN)

Person accused in machete attack among those with dropped charges amid defense lawyer work stoppage
(DBN)

BigLaw firms’ internal investigation likely protected from lawsuit disclosure, 6th Circuit says
(DBN)

General Counsels Face Rising External Legal Costs Amid Surging Demand for Geopolitical Expertise
(DBN)

Legal Settlement Reached in Miles Guo Chapter 11 Estate Case Involving Prominent Law Firms and $4.4 Million Claim
(DBN)

4 online law programs join forces to let students swap courses
(DBN)

How the NCBE will move the NextGen bar exam to personal computers
(DBN)

Maritime lawyer has second job as Miami Heat dancer and team captain
(DBN)

The 18-Year-Old Vigilante ICE Agent Is ComingTrump Supporter Detained by ICE Agents Regrets Vote: 'Were All Brainwashed'ICE Detains Woman in US for 17 Years Since Age 7 After Traffic StopICE Detains Man With 'Pending' Green Card Application After Car CrashJudge Orders Nursing Mom to Be Released From ICE CustodyVeteran Separated from Family as USCIS Delays Green Card for WifeBoy, 4, With Cancer Deported by ICE Despite Being US Citizen, Lawsuit SaysCalifornia providers see ‘chilling effect’ if Trump ban on immigrant benefits is upheldTennessee town approves deals to turn closed prison into immigration detention facility
(DBN)

Map Shows US Cities Where Homicide Rates Are HighestFull List of America's Most Dangerous Cities as Trump Cracks Down on D.C.
(DBN)

DOJ Charges Man With Cyberstalking Slain UnitedHealthcare CEO's Family
(DBN)

Harvey Weinstein to be tried for third time in New York
(DBN)

Drake’s Lawyers Are Making Accusations And Probing For Proof Afterward
(DBN)

Teen Says She Was Forced to Prove Her Gender in Public Bathroom
(DBN)

Arrest video shows Olympic gold medalist calling boyfriend a ‘coward’ after airport altercation
(DBN)

Leonardo DiCaprio mortified as he’s stopped and searched by police who don’t recognize him
(DBN)

Why Trump’s War on the Drug Cartels Is Bound to BackfireMexico transfers 26 cartel figures wanted by U.S. authorities in deal with Trump administration
(DBN)

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Judges:

Supreme Court Faces Decision on LGBTQ+ Conversion Therapy
(DBN)

Once-jailed county clerk asks Supreme Court to overturn right to same-sex marriage
(DBN)

It Is Absolutely Time To Panic About Marriage Equality
(DBN)

Trump Got His Judge, But Bove Must Sit Out the President’s Cases
(DBN)

Donald Trump Reacts to Alleged Russia Hack into Federal Court System
(DBN)

Trump-Appointed Judge Deals Legal Blow To The White House
(DBN)

Judge orders Trump administration to partially restore UCLA research funding
(DBN)

Appeals court ruling will let Trump administration cut billions in foreign aidHumanitarian groups lack standing to challenge Trump’s impoundment of foreign aid grants, appeals court rules
(DBN)

Judge Appears Skeptical of Lawsuit Against Federal Bench in MarylandTrump administration’s lawsuit against all of Maryland’s federal judges meets skepticism in court
(DBN)

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Wall Street:

S&P 500 futures are flat after two days of big gains, some weak earnings
(DBN)

Wall Street ticks higher following a worldwide rally
(DBN)

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Layoffs:

US Hits Highest Layoffs Since COVID
(DBN)

How some of the biggest U.S. companies are using AI to cut workers
(DBN)

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Autos:

The Electric Pickup Truck Boom Turned Into a Big Bust
(DBN)

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Food/Beverage:

Cava cuts sales outlook and its stock tumbles as CEO says consumers are navigating a 'fog'
(DBN)

Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown
(DBN)

An iconic New York restaurant closes after 52 years
(DBN)

Beef Prices Soar to All-Time High
(DBN)

As In-N-Out falters, its biggest competitor ramps up the ridicule
(DBN)

When it comes to tipping at restaurants, is 15% the new 20%?
(DBN)

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Healthcare:

Mom Handed $100k Hospital Bill For Taking Baby to ER Sparks Fury
(DBN)

COVID Revenge Is Supercharging the Anti-Vaccine Agenda
(DBN)

mRNA technology could hold hope for fighting cancer, but future is in doubt under RFK Jr.
(DBN)

Mother with cerebral palsy struggles to hire aides after private equity takeover
(DBN)

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Personal Finance:

Most boomers and Gen X-ers are terrified about running out of money in retirement - even if they're already retired
(DBN)

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Renewable Energy:

Grapevine Energy Announces Successful Completion of its Financial Restructuring
(DBN)

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Insurance:

Vesttoo bankruptcy creditors sue Aon and China Construction Bank for fraudulent conduct
(DBN)

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Celebs:

Family and Creditors Wrestling Over Who Gets the Most From Hulk Hogan’s $25 Million Estate
(DBN)

Dr. Phil Fires Back at His Bankrupt Company’s Creditors, Accusing Tbn and Pbr of ‘Inflammatory and Damaging’ Attacks Aimed at Depressing Value of Merit Street
(DBN)

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Economy:

US national debt reaches a record $37 trillion, the Treasury Department reports
(DBN)

Treasury picks 11 candidates to interview for Federal Reserve chairA top Wall Street strategist who says 'this is the best investing environment ever' is in the running to be the next Fed chair
(DBN)

As Trump berates Goldman, other economists agree that higher inflation is coming
(DBN)

Trump is tightening his grip on the economy, taking a page from China
(DBN)

Inflation data to draw scrutiny after BLS firing, $2.1-trillion TIPS market at risk‘The world is not going to trust our data’: Trump’s BLS pick sparks alarmWill Trump Get His Potemkin Statistics?‘Underlying motives’: Why Trump’s BLS pick is in for a fight
(DBN)

US July budget deficit up 20% year-over-year despite record Trump tariff income
(DBN)

Monthly U.S. jobs report won't be suspended, Trump aides say
(DBN)

Social Security Update: Warning Issued by Lawmakers Over Program's Future
(DBN)

Trump's Pick To Oversee Social Security COLA Says 'Need To Sunset' Program
(DBN)

Americans may live longer than Social Security trustees expect. What it means for future benefits.
(DBN)

Why Deutsche Bank says it's time to short the 10-year Treasury
(DBN)

Just in time? Manufacturers turn to AI to weather tariff storm
(DBN)

Trump Delivers Democrats' Dream Corporate TaxScott Bessent floats rolling out export tax to more industriesTrump has perfected a tax on corporate America - just don't call it a tax. Here's how it could affect stocks.
(DBN)

H-1B Visas Changes Approved by White House: Report
(DBN)

‘Traffic-light’ dashboard lets PwC monitor office attendance
(DBN)

Port of Los Angeles broke a century-old record as tariff threats triggered import surge
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Do You Need to Own a House? Many Older Americans Decide They Don’t
(DBN)

Homeowners rush to refinance as mortgage rates plunge
(DBN)

Americans Are Getting Priced Out of Homeownership at Record Rates
(DBN)

American Realtor Fees Are Bouncing Back
(DBN)

Map Shows Where Homeowners Have Accumulated Highest Equity
(DBN)

American Dream Mall's court victory a blow to bondholders
(DBN)

Central MA Investor Faces $70M In Debt, Files For Bankruptcy: Report
(DBN)

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Municipalities:

Isleton city council removes mayor amid heated meeting
(DBN)

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Politics:

Poll: 31% Call Trump Honest
(DBN)

Federal agents will be out 24/7 on patrol in Washington, the White House says Trump says he expects Congress to extend federal takeover of D.C. police beyond 30-day limitTrump floats circumventing Congress to maintain control of DC policeDonald Trump Took Over DC’s Police. Why Is the City’s Mayor So Zen?DC Mayor Bowser changes her tone on Trump as crackdown ramps up
(DBN)

Trump to Host Kennedy Center Honors Himself, Complains About Not Being Nominated
(DBN)

Trump whisperer makes dire prediction about future of GOP
(DBN)

Republican Speaker Mike Johnson said Democrats would impeach Trump a third time with majority
(DBN)

Trump, 79, Has Deranged Rant About ‘Grass’ at Kennedy Center
(DBN)

Newsom says California to draw congressional maps to 'END TRUMP PRESIDENCY
(DBN)

From the L.A. Olympics to Oakland, California braces for Trump National Guard deployments
(DBN)

10 unhinged Donald Trump moments as JD Vance faces fishing trip questionJD Vance’s English Countryside Vacation: Rolling Hills, Armored SUVs and Cranky LocalsJD Vance's UK Visit Sparks Protests, Egg Meme Posters
(DBN)

The Recipe Behind the Trump Family’s Crypto Riches: PancakeSwap
(DBN)

‘South Park’ Skipping Another Week Amid Controversy, Record Ratings
(DBN)

DOGE Saved $1.4 Billion — Less Than 5% of What They Claimed, Shocking Analysis Finds
(DBN)

James Talarico Is on the RunGreg Abbott Threatens to 'Eliminate' Almost Every Texas Democratic SeatDemocrats who fled Texas to block the GOP's redistricting effort plot their exit strategy
(DBN)

Ghislaine Maxwell's Prison Conditions Come Under ScrutinyPam Bondi accused of possible witness tampering with Ghislaine Maxwell's prison transfer
(DBN)

Texas School Restoring Name Honoring Confederate General
(DBN)

FDA Worker Quits, Goes Viral After Giving Middle Finger to Trump and Vance
(DBN)

GOP Senators Worried About Losing Republican Seat in Texas: What Polls Show
(DBN)

4 out of 5 US troops surveyed understand the duty to disobey illegal orders
(DBN)

People Are Calling For The End Of Pete Hegseth's Career After He Reposted A Horrifyingly Misogynistic Video On Social Media
(DBN)

Some Democrats Panicked Over Mamdani. Obama Called Him.
(DBN)

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Assisted Living:

Creditors to Genesis judge: Don’t let investors’ recycled bankruptcy blueprint leave us ‘holding the bag’
(DBN)

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Crypto:

FTX creditor names, emails leaked ahead of next payout round
(DBN)

Warning for FTX Creditors: Phishing Scam Hits Ahead of September Payouts
(DBN)

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Comic Books:

Publishers Whose Diamond Liquidation Objections Are Not Being Heard
(DBN)

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Horticulture:

Indiana company finalizes purchase of Vermont’s Gardener’s Supply
(DBN)

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Climate:

Climate models reveal how human activity may be locking the Southwest into permanent drought
(DBN)

Where America’s CO2 emissions come from – what you need to know, in charts
(DBN)

Rudolph and all of the other reindeer are probably dying from climate change
(DBN)

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Hotels:

Hotel CEOs weigh in on widespread US RevPAR declines
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (59 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

US bankruptcies are surging past 2020 pandemic levels
(DBN)

US corporate bankruptcies soar in July to highest since 2020, with 71 filings in single month
(DBN)

July Commercial Chapter 11 Filings Jump From Last Year
(DBN)

The 2025 Bankruptcy Surge: A Bellwether for Consumer and Business Credit Risk
(DBN)

Tariffs and Turmoil: How Trade Policy Is Driving Corporate Bankruptcies
(DBN)

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Mass Torts:

Infowars conspiracist Alex Jones is a big step closer to losing his studio and brandAlex Jones’ Infowars will go up for sale yet again, judge rules
(DBN)

Voting begins on contentious archdiocese bankruptcy settlement
(DBN)

Canon lawyer: Archdiocese of New Orleans’ legal promises in bankruptcy are very concerning
(DBN)

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Aviation:

Azul's Chapter 11 Restructuring and Strategic Leverage with AerCap: A Catalyst for Aviation Revival in Emerging Markets
(DBN)

Pilot says, “I’m not really feeling it,” tells passengers to deplane
(DBN)

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Tech:

An AI-driven 'jobless recovery' could hit this group of workers particularly hard
(DBN)

AI Jesus Chatbots Are Freaking Out Philosophy Professors
(DBN)

What Does Palantir Actually Do?
(DBN)

____________

Education:

Homeschooling in Florida Jumps Nearly 50% as Parents Ditch Classrooms
(DBN)

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Student Debt:

Nearly 1 in 5 older student loan borrowers are seriously delinquent as Trump steps up collections
(DBN)

____________

Imaging:

145-year-old film company Kodak pushes back on reports it may shut downKodak says there's 'substantial doubt' it can stay in business
(DBN)

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Sovereigns:

The 18 billion dollars of GAESA and the debts of the Cuban regime with international creditors
(DBN)

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UK:

Jewelery chain Claire's UK business falls into administration with 2,150 jobs at risk
(DBN)

David Beckham-backed Guild Esports put up for sale on insolvency marketplace
(DBN)

Rising sales not enough to fend off job losses and store closures
(DBN)

John Barnes faces fresh bankruptcy petition from HMRC over unpaid taxes
(DBN)

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Canada:

Hudson's Bay and subsidiaries change names to numbered companies
(DBN)

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Russia:

US and Russia suggest ‘West Bank-style occupation of Ukraine’Trump Will Tell Putin 'All Options Are on the Table': Bessent Donald Trump Issues 'Severe Consequences' Threat to Putin Ahead of SummitNo experts in the room: Donald Trump to meet Vladimir Putin after loss of Russia specialistsTrump, Zelenskyy, NATO nations talk ahead of U.S.-Russia summit; Zelenskyy warns Putin is "bluffing"Trump says he doesn’t believe he can convince Putin to stop bombing Ukrainian civilians, vows ‘severe consequences’ if war doesn’t stopUkraine says it’s open to US-backed aerial cease-fire with Russia — but doubts Putin will agreeTrump-Putin Summit To Take Place On US Military BaseMacron Says Only Zelensky Can Negotiate Ukraine Territory DealTrump to offer Putin minerals for peace
(DBN)

Ukraine Doesn’t Have to Defeat Russia. They Just Have to Outlast Putin.
(DBN)

____________

MENA:

Iran Issues New Threat to US
(DBN)

Satellite Photos Reveal Iran's Devastating Water Crisis
(DBN)

Israel’s Military Chief Under Fire From Netanyahu Government
(DBN)

Israel pounds Gaza City, 123 dead in last 24 hours
(DBN)

Turned back from Gaza, aid shipments sit in warehouses, on roadsides
(DBN)

Why Arab rulers aren't more vocal about Gaza as global outcry grows
(DBN)

South Sudan says no talks with Israel to resettle Palestinians from Gaza
(DBN)

____________

Argentina:

‘A whole spectrum of hatred’: women face increased violence in Milei’s Argentina as rights are eroded
(DBN)

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India:

IBBI amends CPE norms; in-person training mandatory for insolvency professionals from 2026
(DBN)

Amend the IBC: Let new pathways speed up insolvency resolution
(DBN)

Recovery from large insolvency cases at 33% of financial creditors claim
(DBN)

India’s bankruptcy rules overhaul to give creditors more clout, target shady promoter deals
(DBN)

Insolvency resolution timeline shrinks by 2 months since March
(DBN)

Out-of-court, debtor-in-control process to hasten resolution of insolvency cases
(DBN)

Insolvency Bill proposes creditor-initiated resolution, and more
(DBN)

IBC Bill 2025: Major Overhaul Empowers Creditors, Eases Group Guarantees And Cuts Admission Delays
(DBN)

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New Zealand:

A boom in businesses going bust
(DBN)

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Malaysia:

Almost 190,000 freed from bankruptcy under govt's second chance policy
(DBN)

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China:

Evergrande liquidators target founder’s assets in pivotal stage
(DBN)

Second quarter was ‘unnaturally calm’ for law firms amid ‘tumultuous’ backdrop, new report says
(DBN)

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