August 20, 2025

The Daily Bankruptcy News

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Law:

Why Do More Big Law Lawyers Want Off the Partner Track?
(DBN)

Top Biglaw Firm Increases Its Office Attendance Mandate To Four Days — But Only For Corporate Associates
(DBN)

From man’s best friend to a lawyer’s best partner? How some law firms utilize therapy dogs
(DBN)

Lawyers, who face stress and adversarial work, experience more isolation than many professionals
(DBN)

Former MAGA Attorney Goes Scorched Earth With Corruption Allegations In Antitrust Division
(DBN)

Are lawyers more at risk for gambling addiction?
(DBN)

Thomson Reuters CEO Declares AI as Legal Sector’s Greatest Disruption at ILTACON
(DBN)

Dispatches From The AI Bubble: ILTACON 2025
(DBN)

Elite Law Schools Are Offering Classes On Responsible AI Use
(DBN)

Will AI Really Move The Needle On The Billable Hour?
(DBN)

California Law Firms Face Growing Financial Strain as Rising Expenses Outpace Demand Growth
(DBN)

Rethinking the Ladder: How Young Lawyers Are Redefining Success in Big Law
(DBN)

Legal Clients Prioritize Stability in Choosing Law Firms Post-Trump Era
(DBN)

Trump taps Missouri attorney general to be No. 2 at FBI
(DBN)

Uganda has not agreed with US to take illegal immigrants, foreign affairs official says ‘We are arresting the mayor right now, per the deputy attorney general’Judge dismisses part of lawsuit over ‘Alligator Alcatraz’ immigration detention centerTrump-Supporting Military Veteran's Wife Detained After Overstaying VisaConstruction Warning Issued After Foreign-Born Population PlummetsDetentions of D.C. delivery drivers leave immigrant communities on edgeTrump-Loathing Billionaire Teams With Archbishop to Fight DeportationsUS To Assess 'Anti-Americanism' In Immigration DecisionsMaine police officer arrested by ICE agrees to voluntarily leave the countryEx-boxing world champion deported to Mexico over alleged cartel links
(DBN)

Prosecutor Tells Cops to Turn Off Body Cameras During Her Arrest: ‘You’re Going to Regret This’
(DBN)

In Pursuing Trump Rival, Weaponization Czar Sidesteps Justice Dept. Norms
(DBN)

'Bad optics every day': Lawyer slams Trump DOJ for 'turning the clock back to mob rule'
(DBN)

The Final Trial of the Menendez Brothers
(DBN)

Bryan Kohberger described as creepy, domineering by college peers in months before Idaho killings, newly released files show
(DBN)

Years after abuse reports, ex-coach at renowned US gymnastics academy is arrested by FBI
(DBN)

Woman shot husband dead after he wanted to add new rules to their open marriage
(DBN)

'Not to be eaten': Argument over steak leads to man stabbing his mother, stepdad, cops say
(DBN)

Man sentenced after executing his wife for stealing his cooking pans, cheating
(DBN)

Inmate gets head 'sunken in' by officers during 'horrific' jail attack, mom and cops say
(DBN)

Nurse took revenge on ex by swapping conditioner for hair remover
(DBN)

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Judges:

BK NV: Employment Opportunity - Temporary Law Clerk
(DBN)

Hillary Clinton warns SCOTUS 'will do to gay marriage what they did to abortion'
(DBN)

One of the key justices is either being inconsistent or completely hypocritical in how he is voting on emergency applications
(DBN)

'Broad to the point of absurdity': Judge chides Trump for attempting to 'swallow' states
(DBN)

Confronted with AI hallucinations in filings, one court shows ‘justifiable kindness,’ while another gets tough
(DBN)

After PACER hack, judiciary takes ‘special measures’ and ‘technical steps,’ DOJ official says
(DBN)

Trump admin allegedly ignoring court order to fund AmeriCorps
(DBN)

Judge says lawyers smeared her reputation, so she filed a state bar complaint
(DBN)

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Wall Street:

 

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Layoffs:

300 workers blindsided by Illinois plant’s abrupt closure — after it served as a local linchpin for 60 years
(DBN)

John Deere Announces Hundreds of Layoffs
(DBN)

The tech industry seems to be spiraling, and I want to leave. My career has been dipping, and layoffs are impossible to avoid.
(DBN)

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Politics:

Trump blasts 'out of control' museums for teaching 'how bad Slavery was' in wild rant'True history should include everything': Abby Phillip slams Trump's comments on slavery
(DBN)

Documents Add Detail to Fox Hosts’ Desire to Help Trump‘Fact-Check This Crap’: The 5 Juiciest Fox News Revelations in Smartmatic’s Newly-Unredacted Court Filing
(DBN)

Trump's afterlife fear sparks fresh health concerns as president admits 'I'm not doing well'
(DBN)

Trump Proudly Declares End of Hostilities Between ‘Aberbaijan’ and – Albania?
(DBN)

Secret Epstein files will be made public for the first time ever... with a mandatory condition that could drive Trump supporters madBongino to work alongside ‘co-deputy director’ of FBI after sparring with administration over Epstein files
(DBN)

Trump adds firepower to National Guard presence in DCFox News Star Pulled Over in Trump’s D.C. CrackdownWhite House: Half of D.C. crackdown arrests are in high-crime areasTrump touts new D.C. dining boom. Data shows a dipJustice Department is investigating whether D.C. police manipulated crime dataYou can now carry rifles, shotguns in Washington DC without facing charges: New policy after Trump takeover
(DBN)

How Does Trump’s Federal Takeover End?
(DBN)

The “weirdos” shaping Trump’s second term
(DBN)

Tulsi Gabbard strips 37 security clearances over Obama-ordered intel report that launched Russiagate
(DBN)

The GOP spent millions supporting mail ballots. Now Trump’s attacking them again.
(DBN)

Did Trump really end six wars?
(DBN)

Gavin Newsom Surges in 2028 Presidential Primary PollNewsom Woos California Billionaires in Map Fight Against Trump
(DBN)

Ex-DOGE engineer: Elon Musk ‘didn’t learn anything’ during tenure
(DBN)

'What an embarrassment': Famed rocker lets loose on Trump after White House makeover
(DBN)

Trump Interrupts Photo-Op to Show Off Heroic Painting of Himself to World Leaders
(DBN)

Virginia governor’s race narrows in new poll
(DBN)

Secret gay sex scandal explodes in Republican Party as 'closeted' congressman who's engaged to a woman is accused of double life
(DBN)

Trump Is Demanding a Panama-China Breakup — and Making Life Harder for Panama’s Leaders
(DBN)

Elise Stefanik faces jeers at NY event
(DBN)

Trump’s redistricting push meets local GOP resistance in Indiana
(DBN)

Texas Democrat Locked in State Capitol for Refusing Mandatory EscortTexas Republicans set to approve Trump-backed new congressional map after lengthy fight
(DBN)

Why Senate Republicans won’t scrap the ‘blue slip’
(DBN)

Senate Republican: ‘We’ve gotten lucky’ with Mamdani
(DBN)

Hegseth Ousts Air Force Chief as Trump Purges Top Military BrassHegseth's expansive security requirements tax Army protective uni
(DBN)

Chicago pastor declares war on Obama's fledgling $830 million library empire project with his own center for opportunity: 'Not victims'
(DBN)

Elon Musk Pledged to Start a Political Party. He Is Already Pumping the Brakes.
(DBN)

The Democratic Party Faces a Voter Registration Crisis
(DBN)

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Education:

Student Arrivals to US Continue to Plummet, With Asia Hit Especially Hard
(DBN)

Oklahoma will test some incoming teachers with ‘America-first’ exam
(DBN)

Are America's COVID Babies Ready for School?
(DBN)

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Autos:

Tesla drivers can pursue class action over self-driving claims, judge rules
(DBN)

New York City Is Stuck With a $45 Million EV Fleet That’s Glitchy as Hell
(DBN)

Ford ‘kills off’ two popular SUVs in favor of ‘disruptive’ new truck – and it means a $2 billion change to US factory
(DBN)

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Trucking:

Filing Alert: Big Level Trucking Chapter 11
(DBN)

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Fraud:

Two Missouri men admit to operating a long-running Ponzi scheme
(DBN)

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Economy:

Young Grads Face Worst Job Market Since the ‘80s Under Trump
(DBN)

The under-the-radar number that's a huge red flag for America's job market
(DBN)

September Rate Cut No Longer a Foregone Conclusion
(DBN)

Fed’s Bowman doubles down on her dissent
(DBN)

Fed minutes could show whether Waller and Bowman had company in favoring rate cuts soon
(DBN)

Covid-19 pandemic permanently reshaped worker pay and expectations
(DBN)

US Treasury Chief Says Interviews For New Fed Chair To Start Around Sept 1
(DBN)

US Treasury chief Bessent accuses India of profiteering on Russian oil purchases
(DBN)

Tariff rebate checks aren’t a priority for the Trump administration, Bessent says Debunking claim Nebraska is going bankrupt because of tariffs and labor shortages due to immigration raidsSome prices to rise at Home Depot despite earlier stance, CFO saysHome Depot says it will raise some prices because of tariffsUS Copper Firms Hike Prices Even After Trump Tariff ReprieveTrump Tariffs Get Seal of Approval as S&P Affirms Credit RatingS&P expects tariff revenue to offset Trump tax bill impact, maintains U.S. credit rating Trump Widens Metal Tariffs to Target Baby Gear and MotorcyclesUS hikes steel, aluminum tariffs on imported wind turbines, cranes, railcarsBessent says US tariff revenues to rise 'substantially,' focus on reducing debtTrump's tariffs are leaving Black beauty businesses in perilTrump expands 50% steel and aluminum tariffs to include 407 additional product typesNordic postal operators pause shipments to the U.S. as Trump ends parcel tariff relief
(DBN)

Trump Targets Corporate America to Achieve Economic and Foreign Policy Goals
(DBN)

Wholesale veggie prices just spiked shocking 38% — and could hit US consumers soon. Tariffs not only to blame
(DBN)

Beef prices are spiraling. Meat lovers aren’t deterred — yet.
(DBN)

The Growing Cohort of Single Dads by Choice
(DBN)

Florida is now the 2nd most financially distressed state in the US — topped only by Texas
(DBN)

Companies embrace AI in hiring despite concerns over bias and candidate screening
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

The Founders of This New Development Say You Must Be White to Live There
(DBN)

US housing starts tick higher in July, led by apartment constructionHousing Starts Increased to 1.428 million Annual Rate in JulyHousing Starts Up More Than Expected in July
(DBN)

America’s home equity tax was only meant for the rich — how US seniors are getting hurt
(DBN)

Houses Sitting on Market for Longest Period in a Decade
(DBN)

Homes are selling at the slowest summer pace in a decade: Redfin
(DBN)

Trump wants to take Fannie Mae and Freddie Mac public. The plan has some problems.
(DBN)

Housing shrinkflation is here to stay. New homes are 11% smaller but 74% more expensive than a decade ago
(DBN)

The senior living market can’t keep up with demand as boomers age
(DBN)

Filing Alert: West Ridge Chapter 11
(DBN)

HOA in rural Colorado community files for bankruptcy amid ongoing lawsuit from homeowners
(DBN)

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Municipalities:

Orange on the brink? Consultants outline plan to avoid potential bankruptcy
(DBN)Can Trump send the National Guard to cities around the US?
(DBN)

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Oil/Gas:

Map Shows States With the Highest—and Lowest—Gas Prices
(DBN)

US oil and gas M&A activity tripled last year, report says
(DBN)

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Retailing:

Bankrupt jewelry retailer Claire's to sell its North America business
(DBN)

Jewelry chain Claire’s declares bankruptcy in the Netherlands
(DBN)

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Celebs:

‘I’m Getting Evicted’: Elon Musk’s Baby Mama Announces She’s Broke
(DBN)

Dr. Phil’s Distribution Partner Sues for Fraud, Breach of Contract Over $500 Million, 10-Year DealTBN Countersues Dr. Phil, Accusing Him of ‘Years-Long Fraudulent Scheme' to ‘Fleece' Christian Broadcaster Under $500 Million PactDon't Say People In Glass Houses, But Dr. Phil Just Got Countersued By Trinity Broadcasting For "Reprehensible Conduct" In $500M Deal
(DBN)

Alex Reid's pals reveal 'final straw' that made him post bombshell Katie Price video
(DBN)

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Tech:

Americans fear AI permanently displacing workers, Reuters/Ipsos poll finds
(DBN)

AI will replace most humans, but then what?
(DBN)

Krugman: What Happens If AI Hits An Energy Wall?
(DBN)

US tech stocks hit by wave of concerns over future of AI boom
(DBN)

US examines equity stake in chip makers for CHIPS Act cash grants, sources say
(DBN)

Will GOOGLE Be Broken Up? What's at Stake in Coming Antitrust Ruling
(DBN)

Data centers consume massive amounts of water – companies rarely tell the public exactly how much
(DBN)

U.S. seeks equity stake in Intel, Commerce Secretary Howard Lutnick saysThe Trump administration confirms it’s seeking a stake in Intel. Why? It depends who you askLutnick says Intel has to give government equity in return for CHIPS Act fundsUS Seeks Intel Stake Without Governance Rights, Lutnick SaysIntel’s CEO Draws Support for Revival From SoftBank, TrumpBessent says the US wouldn't use a rumored stake in Intel 'to drum up business'
(DBN)

Texas Shows How Trump’s Anti-Green Moves Threaten a Red Economy
(DBN)

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Mining:

America just opened its 1st rare earth mine in 70 years as 'our answer to China'
(DBN)

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Tourism:

America is only country reported to be facing a tourism decline in 2025 — 'closed sign' could cost the US $29B
(DBN)

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Media:

Foundations step in to offer $37 million lifeline to public media
(DBN)

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Fintech:

Bankrupt Fintech to Sell Hard-to-Acquire Stakes in Private Firms
(DBN)

Linqto has reached a settlement offer in today's bankruptcy hearing
(DBN)

Linqto Chapter 11 Customer Payment Deal Strikes Path Forward in Bankruptcy
(DBN)

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Healthcare:

Prospect Medical files $1.5M suit against HHS, CMS over ASC reimbursements
(DBN)

$50B rural health fund not a cure-all for hospitals
(DBN)

Morses accused of reaping millions from Villages Health before bankruptcy
(DBN)

Bankruptcy of jail’s medical provider complicates inmate-death lawsuit
(DBN)

Foundation for Delaware County will pay $3 million to cover cost of Crozer patient records
(DBN)

CBO report warns of nearly $500B in potential Medicare cuts
(DBN)

Murphy calls for CT ban on private equity ownership in health care
(DBN)

'The urgency is real': Oregon hospital taps interim CEO, CFO to lead turnaround
(DBN)

Pediatricians Defy Trump Administration With COVID Shot Push for KidsUS pediatric group breaks with federal policy, recommends COVID-19 vaccines for young children
(DBN)

Top Scientist Issues Stark mRNA Vaccine Warning to U.S.
(DBN)

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Buses:

Electric school buses take a bankruptcy detour
(DBN)

Iowa City's electric bus fleet is stalled, waits for parts amid manufacturer's bankruptcy
(DBN)

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Weddings:

Pittsburgh area wedding videographer files for bankruptcy in SCFamilies owed thousands as photo studio's owner battles illness and bankruptcy
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Business bankruptcy filings edge up in Pittsburgh amid Q2 retail closures
(DBN)

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Miscellaneous:

Updates all over the place: Nikola, RENT, SOND and TPIC
(DBN)

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Aviation:

Ravn Alaska Shuts Down After 77 Years
(DBN)

Air Canada Flights Will Slowly Resume—After Tentative Deal Reached To End Strike
(DBN)

Mango Airlines To Shut Down After Rescue Plan Falls Apart
(DBN)

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Healthcare:

Promising vaccine may prevent certain cancers from returning
(DBN)

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Climate:

 

At Europe's melting glaciers, signs of climate peril are everywhere
(DBN)

Europe’s Wildfires Have Burned the Most Land in Nearly 20 Years
(DBN)

More Than 1,100 Deaths Linked To Spain's Heatwave
(DBN)

Death Toll From Northern Pakistan Monsoon Floods Hits Almost 400
(DBN)

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Food/Beverage:

Filing Alert: BRIO Italian Grille Chapter 11Bravo Brio Restaurants declares bankruptcy a second time
(DBN)

McDonald's has been working to improve its affordability, after consumers have recoiled from escalating restaurant menu prices
(DBN)

Nearly 50% of adults are now ordering kids’ meals. ‘It’s economical and it’s filling.’
(DBN)

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Student Debt:

Fewer will qualify for student loan forgiveness under proposed new guidelines; will sanctuary jurisdictions be disqualified?
(DBN)

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Comic Books:

Terms Of Image Comics' Legal Settlement With Diamond Comics, Revealed
(DBN)

Sparkle Pop Files Motion to Quash Trial Subpoena in Diamond Bankruptcy
(DBN)

Diamond Debtors Estate in 'Administrative Insolvency Jeopardy'
(DBN)

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Crypto:

Wazirx Awaits Court Green Light to Restart Platform After Massive Creditor Approval
(DBN)

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Sports:

San Lorenzo on the brink of bankruptcy after judicial setback
(DBN)

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Transit:

US threatens to withhold funds over New York subway worker safety issues
(DBN)

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UK:

Monthly Insolvency Statistics: July 2025 Shows Levelling Off Of Liquidations
(DBN)

England and Wales business insolvencies rise slightly
(DBN)

Scottish business insolvencies fall slightly
(DBN)

Personal insolvencies increase by 1.8%
(DBN)

Hospitality ‘stuck near the top of the insolvency league table’ as figures rise again
(DBN)

Construction insolvencies hit 12 month high
(DBN)

Consumer confidence in economy falls
(DBN)

‘Even Puerto Rico paid its bill’: Thames Water creditor suggests backers are safe
(DBN)

Unearthed document shows council was perilously close to 'bankruptcy and cuts'
(DBN)

Tax crackdown drives rise in compulsory liquidationsHMRC begins 'direct' crackdown with thousands set to be dragged 'through courts'
(DBN)

Rise in accountants and financial advisers’ clients struggling with tax bills
(DBN)

Ailing radio star declares bankruptcy after daughter lied that fling with Bachelor star had gotten her pregnant
(DBN)

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Canada:

College of Veterinarians of B.C. facing possible insolvency in 2026
(DBN)

Canada Posts 1.7 Percent Annual Inflation Rate In July
(DBN)

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Russia:

Trump Wanted Putin as 'Best Friend'Trump says Putin may not want to make a deal on Ukraine Trump says Putin 'tired' of war, but possible he doesn't want to make a deal Russia rules out ‘any scenarios’ deploying NATO troops to UkraineWhat Military Security Guarantees Could Look Like for Ukraine?Trump Official Makes Bombshell Admission About Sending U.S. Troops to Ukraine Trump Says US Air Support Possible For Ukraine Security GuaranteeNot so easy: The perils and pitfalls in providing Ukraine with security guarantees Trump agrees to US coordinating European security guarantees in Ukraine peace talksMoscow Says Any Ukraine Peace Deal Must Ensure Russia's SecurityUS and Europe to Work Immediately on Ukraine Security Plan Fox Host Hits Trump With a Dose of Reality After Ukraine Meeting Fox News Host and Others Torpedo ‘Crazy’ Trump Hot Mic Moment: ‘Embarrassingly Naive’Trump Boasts About Showing ‘Respect’ to Putin During Peace Summit Zelenskyy deploys gratitude diplomacy in second White House meeting with Trump Trump Buys More Time for PutinHow Putin Brushed Off Trump’s Latest Push for Peace in Ukraine Bessent: Trump’s Putin meeting like showing off ‘gun case’ to ‘uncontrollable neighbor’'Putin is actually better': NYT's Maggie Haberman shades Trump's negotiating prowessInside Trump world's reaction to the Zelenskyy resetThe Existential Meets the Absurd in Latest Ukraine TalksDespite a flurry of meetings on Russia's war in Ukraine, major obstacles to peace remainUkraine’s window of opportunityObama-era ambassador: ‘Major progress’ after Trump-Zelensky meetingTrump Rants About His Chances of Going to Heaven in Bonkers Ukraine Summit InterviewTrump Says Putin, Zelenskiy Must Be Flexible as He Pushes Summit
(DBN)

Trump gives his ‘assurance’ for no U.S. boots on the ground in Ukraine
(DBN)

'Nearly two million more casualties': Numbers show Russia years from victory
(DBN)

European leaders mull new sanctions on Putin, UK government says
(DBN)

EU's Costa: Ukraine's membership process must go forward
(DBN)

Russia Returns Bodies Of 1,000 Ukrainian Troops
(DBN)

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MENA:

Israel studying Hamas reply to Gaza ceasefire proposalIsrael Demands Release Of All Hostages In Any Gaza DealQatar Says Most Of Proposal Agreed By Hamas Was Previously Agreed By Israel
(DBN)

Israel to call up 50,000 reservists before Gaza City offensive, military official saysPreparations for a Move on Gaza City Have Started, Israel’s Military Says
(DBN)

Pentagon Eyes $3.5 Billion Restock Costs From Israel Operations
(DBN)

As Netanyahu expands Gaza war, some reservists grow more disillusioned
(DBN)

Netanyahu Slams Macron For Fueling 'Antisemitic Fire'
(DBN)

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China:

China's Property Market Death Spiral
(DBN)

China says solar sector needs to curb overcapacity
(DBN)

China's Getting Ready to Land Astronauts on the Moon While NASA Flails Helplessly
(DBN)

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North Korea:

From drones to nukes: North Korea pushes AI military modernization plan
(DBN)

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Venezuela:

US Sends Warships Toward Venezuela to Combat Drug Threats
(DBN)

Maduro Says Mobilizing Millions Of Militia After US 'Threats'
(DBN)

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Indonesia:

The urgency to revise the outdated bankruptcy law
(DBN)

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India:

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC
(DBN)

Govt to steer design of cross-border insolvency regime, special NCLT bench likely
(DBN)

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South Africa:

The Liquidation Cartel: How MTI's R450 Million Vanishing Act Previews Banxso's Fate
(DBN)

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