December 11, 2025

The Daily Bankruptcy News

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Law:

Elite Firm Delights Associates With Bonuses Up To $300,000
(DBN)

$300,000 Bonuses For Junior Associates? Bonuses 8x The Market Rate? This Biglaw Firm’s Spin On Bonuses Brings In A LOT Of Cash
(DBN)

Big Bonuses Aren’t Just For Biglaw
(DBN)

Boutique That Broke Away From Capitulating Biglaw Firm Hands Out Bonuses That Really Pack A Punch
(DBN)

Big Law Spinoff Dunn Isaacson Rhee Drops Hefty Associate Bonuses
(DBN)

Being A Lawyer Is Super Popular Right Now
(DBN)

Law Firms' Investments in Office Space Are 'Part of the Calculus' in RTO Push
(DBN)

Big Law’s Accelerated Recruiting Is a Lose-Lose-Lose Situation
(DBN)

Merged No More: Global Biglaw Firm Set To Split Up Come Spring 2026
(DBN)

Washington lowers bar pass score retroactively as NextGen set to debut in July
(DBN)

Lawyer, law firm sanctioned for citing fake case in lead poisoning lawsuitAttorney and law firm sanctioned nearly $60,000 for using ChatGPT in court case
(DBN)

Florida Lawyer Blasted for Not Signing Own AI-Gaffe Apology
(DBN)

Jack Smith to Launch New Law Firm With Ex-Prosecutor Team
(DBN)

Trump Personally Intervenes to Block Release of January 6 Documents
(DBN)

ACLU sues for release of boat strike justification memo
(DBN)

DHS inks contract to create its own fleet of Boeing 737s for deportationsHow ICE Uses Racist, Nonsensical “Gang Databases” to Keep Immigrants In JailGrandmother detained by ICE over '$22 bad check'After ICE arrested his mom, 18-year-old citizen worries he could be next while caring for younger sisterMan Charged for Wiping Phone Before CBP Could Search ItTrump administration adds militarized zone in California along southern US border
(DBN)

Secret DOJ memo 'broad enough to authorize just about anything' must be exposed: Lawsuit
(DBN)

Border agent indicted for sexually assaulting, robbing women at Chicago hotels
(DBN)

Letitia James’s Biglaw Hire New York attorney general retains Munger, Tolles & Olson in $1M contract
(DBN)

Honorary Jan. 6 plaque is faulty, DOJ argues in effort to make case go away
(DBN)

Professor Files Federal Lawsuit After Charlie Kirk Comment Retaliation
(DBN)

Senate set to question military leaders on Trump’s National Guard deployments
(DBN)

Drone delivery of steak, crab legs to inmates is intercepted
(DBN)

Teen who allegedly threw boy with autism off a pier, causing him to drown, is charged
(DBN)

Son beat mom with a baseball bat as husband watched, then said she left country: Cops
(DBN)

Adult son shot father 7 times for being 'on his case to get a job': Deputies
(DBN)

Third arrest made in connection with case of 14-year-old allegedly executed in the woods
(DBN)

Man accused of setting councilman on fire after splashing him with gasoline to stand trial
(DBN)

Son strangles mom years after he penetrated father's brain with butcher knife: Police
(DBN)

Adult son who 'just wanted to be alone' executed mom and stepdad, cops say
(DBN)

Mom conspired to kill pregnant daughter, cut out fetus because she wanted baby: Cops
(DBN)

Mom starts GoFundMe for dead son only to be arrested for his death days later, cops say
(DBN)

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Judges:

Wisconsin judge on trial as Trump administration targets immigration enforcement resistance
(DBN)

John Roberts’s dream is finally coming true
(DBN)

Judge Emil Bove’s MAGA Rally Field Trip Sparks Judicial Misconduct ComplaintEmil Bove Attends Trump Rally in Rare Move for Federal JudgeTrump lawyer turned judge immediately hit with misconduct complaint for 'rally' attendance
(DBN)

The DOJ Might Want To Stop Insulting Judges On Social Media
(DBN)

Trump must end National Guard deployment in LA., judge rulesTrump refuses to back down after judge orders National Guard out of LA, says ‘Newscum’ didn’t stop summer riots
(DBN)

US judge lets more Epstein grand jury materials be made publicJudge orders release of ‘voluminous’ records in Ghislaine Maxwell caseIt’s official: All of the Epstein, Maxwell secret grand jury docs will now be released
(DBN)

Supreme Court wrestles with death penalty in cases of intellectual disabilities
(DBN)

Los Angeles declared most abusive ‘judicial hellhole,’ report says
(DBN)

Are Judicial Clerkships A Hazard, Or Is There A Clerkship for Everybody?
(DBN)

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Wall Street:

S&P 500, Nasdaq futures fall as Oracle results fail to stoke AI trade
(DBN)

Stocks rise after the Fed cuts rates and hopes build for more
(DBN)

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Layoffs:

CDMO Adare plots 137 layoffs
(DBN)

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Gambling:

Inside the Dark and Predatory World of Crypto Casinos
(DBN)

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Celebs:

Wendy Osefo Is the Latest ‘Real Housewives’ Star in Legal Trouble
(DBN)

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Autos:

First Brands financier Raistone nearing sale
(DBN)

Former Tricolor CEO Daniel Chu ‘largely responsible’ for Tricolor fraud, trustee says
(DBN)

Tesla is the most unreliable used car brand in America, even behind Jeep and Chrysler
(DBN)

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Trucking:

Trump administration touts pulling nearly 10,000 truckers off road for failing English tests
(DBN)

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Sports:

Michigan announces head coach Sherrone Moore has been fired over ‘inappropriate relationship’ with staff memberFormer Michigan football coach Sherrone Moore jailed, hours after his firing
(DBN)

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Biotech:

Apple Tree Partners files for bankruptcy to keep cash flowing to portfolio biotechs
(DBN)

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Retailing:

Company agrees to buy Rite Aid’s name, logo
(DBN)

GameStop is stalling. What’s keeping the poster child of the meme-stock craze afloat?
(DBN)

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Crypto:

TerraUSD creator Do Kwon to be sentenced over $40 billion crypto collapse
(DBN)

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Economy:

FOMC Statement: 25bp Rate Cut Federal Reserve cuts interest rates in divisive voteHere are the five big takeaways from Wednesday’s Fed rate decision Fed still forecasts just one rate cut for next yearDivided Fed approves third rate cut this year, sees slower pace aheadFed lowers interest rates again amid debate over inflation, jobsTrump says Fed could have ‘at least doubled’ latest interest rate cutWhat a Fed rate cut means for credit cards, mortgages, car loans, student debt and savings accountsFederal Reserve lowers its benchmark interest rate by 0.25 percentage points in third straight cut
(DBN)

FOMC Projections: GDP and Unemployment Revised Up; Inflation Down
(DBN)

‘Reflation is back’ says Deutsche Bank as global central banks diverge
(DBN)

Race to Replace Powell at Fed Adds to Cacophony Around Rate Decision
(DBN)

Trump to start final Fed chair interviews beginning with Kevin WarshHassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows
(DBN)

Trump wants his Fed chair to cut rates. The economy may have other ideas.
(DBN)

Consumer confidence falls amid concerns around spending and job security
(DBN)

Trump says he's "crushing" inflation in speech to Pennsylvania voters as GOP faces affordability concerns
(DBN)

US labor costs growth moderates in third quarter
(DBN)

Poll: Here’s what Americans’ affordability problems look like
(DBN)

New poll paints a grim picture of a nation under financial strain
(DBN)

Trump’s Liberation Day Tariffs Are On Shaky Legal Ground As They Appear To Be A Stealth Consumption Tax
(DBN)

45 percent of small business owners cite inflation as one of biggest challenges: Poll
(DBN)

Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

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Municipalities:

Hope evident as Chester progress noted by receiver Kapoor, others
(DBN)

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Municipalities:

Perris declares emergency over its struggling finances
(DBN)

One Town’s Plan to Address a Financial Crisis: Nude Calendars
(DBN)

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Tourism:

New US border rules could require selfies, 5 years of social media history
(DBN)

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Environmental:

US Magnesium is mothballed, leaving Utahns with a giant and expensive mess. Here’s what to know.
(DBN)

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Politics:

Rubio orders diplomats to return to using Times New Roman, ousting Calibri
(DBN)

White House 'in state of panic' as Trump 'keeps falling asleep' - 'He gets angry'
(DBN)

Trump aides and allies float potential Noem successors as speculation grows over her tenure
(DBN)

Democrats expand target map for statehouses, citing 2025 wins
(DBN)

Democrats' path to power may come through hundreds of races far from Washington
(DBN)

Crockett leaves Democrats scrambling with Texas Senate bid
(DBN)

Frustrated lawmakers hit Hegseth with ultimatum over boat strike videos
(DBN)

Trump calls media reports on his health 'seditious'
(DBN)

New York Times, after Trump post, says it won’t be deterred from writing about his health
(DBN)

Gavin Newsom gains 100,000 new contributors amid battles with Trump
(DBN)

Raskin says Maryland should redistrict if Indiana does
(DBN)

Massie introduces bill to pull America out of NATO
(DBN)

Erika Kirk furiously rebukes conspiracy theorists peddling garbage about her dead husband: ‘Can I have one thing?’
(DBN)

MAGA reporter Brian Glenn is ditching White House gig to follow girlfriend MTG back to Georgia
(DBN)

Musk calls Doge only ‘somewhat successful’ and says he would not do it again
(DBN)

Conservatives Who Called Al Jazeera ‘Terror TV’ Now Silent as Qatar Eyes CNN.
(DBN)

Embracing profanity is one thing both political parties seem to agree on
(DBN)

After Shutdown, Democrats Claim Credit for Funding They Opposed
(DBN)

Lawsuit seeks to keep Trump's face off of national parks annual pass
(DBN)

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Entertainment:

Hollywood post-production firm tied to Al Pacino project files for Chapter 11 after parent company touted $1B financing
(DBN)

Trump says CNN should be sold as part of WBD deal
(DBN)

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Banking:

US bank regulator says large banks engaged in 'debanking' of disfavored industries
(DBN)

US senator Warren asks UBS for details of any Bessent talks, Bloomberg reports
(DBN)

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Agribusiness:

Desperate farmers say the 'system is broken' as bailout arrives
(DBN)

American farmers say bailout doesn't solve underlying problem
(DBN)

Why a bailout? US farmers report a desperate struggle to 'scrape by.'
(DBN)

Trump trade rep changes China soybean purchase timeline, cites ‘discrepancy’
(DBN)

Trump blames Biden for the agricultural trade deficit. It’s not that simple
(DBN)

GOP lawmakers seek Trump aid for agricultural equipment after tariff pressure
(DBN)

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Assisted Living:

Judge delays sale of Genesis to insider, ‘concerned’ about creditors’ claims, bidder controversy
(DBN)

Will Nursing Home Chain Be Off the Hook for Paying Injury and Death Settlements?
(DBN)

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Food/Beverage:

Pieology Files for Chapter 11 Bankruptcy After 29-unit Acquisition Drains LiquidityHow Pieology's attempt to rescue restaurants contributed to bankruptcy
(DBN)

Chain restaurant branded the ‘Chipotle of pizza’ files for bankruptcyNo restaurant chain became the 'Chipotle of pizza'
(DBN)

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Furniture:

American Signature files voluntary petitions for Chapter 11 bankruptcyValue City Furniture owner blames market decline, but tariffs and rates hit bottom line
(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 (2 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Corporate Governance:

Texas Business Reforms Show Shareholder Democracy Is Thriving
(DBN)

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Aviation:

F.A.A. Chief Failed to Divest Airline Holdings as Promised, Ethics Agency Says
(DBN)

How did one airline bring Indian aviation to its knees?
(DBN)

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Climate:

The EPA is wiping mention of human-caused climate change from its website
(DBN)

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Ride Hailing:

Woman gives birth in Waymo after self-driving taxi alerted 911 to ‘unusual activity’
(DBN)

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Education:

Without affirmative action, elite colleges are prioritizing economic diversity in admissions
(DBN)

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Student Debt:

Student loan borrowers have ‘a limited time’ to leave payment pause. Here are their options
(DBN)

Why employers are the missing voice in the public service loan forgiveness debate
(DBN)

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Tech:

OpenAI Is in Trouble
(DBN)

How Trump’s AI push, energy prices and angry neighbors are colliding in the Arizona desert
(DBN)

Librarians Dumbfounded as People Keep Asking for Materials That Don’t Exist
(DBN)

Oracle shares plummet 11% in premarket, dragging down AI stocks
(DBN)

Pentagon Unveils New GenAI Platform, It Immediately Starts Flagging Pete Hegseth’s War Crimes
(DBN)

Sure, Swift Kicks To The Sternum For All Tech CEOs, But How About An AI Robot That Can Clean The Damn John?
(DBN)

Open AI, Microsoft face lawsuit over ChatGPT’s alleged role in Connecticut murder-suicide
(DBN)

Trump wants to sell Nvidia chips to China. It landed like a punch.
(DBN)

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Healthcare:

63-year-old Oroville Hospital system defaults into Chapter 11 bankruptcy
(DBN)

Rock Regional Hospital will operate into January, bankruptcy judge rules
(DBN)

Office of Health Strategy Approves Hartford HealthCare Subsidiary's Acquisition of Eastern Connecticut Hospital with Requirements to Preserve Healthcare Access, Quality and Cost Control
(DBN)

House GOP health care package will exclude ACA subsidy extension
(DBN)

GOP senator expects ObamaCare subsidies to expire: ‘Some people’s premiums are going to go up some’
(DBN)

House GOP moderates revolt against Johnson on health care with new discharge petition
(DBN)

Sperm donor with cancer-causing gene fathered nearly 200 children across Europe, investigation finds
(DBN)

Moderate House Republicans introduce long-shot ACA subsidy extension bill
(DBN)

AG Paxton expands lawsuits against Texas doctors over gender-affirming care for minors
(DBN)

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UK:

City chiefs facing 'biggest crisis' are 'confident' in clinching February bailout to save council from bankruptcy
(DBN)

Doncaster Council 'optimistic' for government assistance on growing SEND spending deficit
(DBN)

Four in ten cut back on Christmas gifts
(DBN)

One in five have less than £1,000 in savings
(DBN)

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Canada:

Canada launches $1.2 billion push to attract talent, as U.S. charges $100,000 fee for H-1B visas
(DBN)

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Ireland:

Grim new baby graveyard found at home where 796 infants feared dumped in septic tank
(DBN)

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Russia:

Sberbank Files to Bankrupt Major Russian Electronics Distributor TFN
(DBN)

Ukraine to give revised peace plans to US as Kyiv readies for more talks with its coalition partners
(DBN)

As Russians get closer, some Ukrainians refuse to leave
(DBN)

Zelenskyy will hold urgent talks with 30 countries as Trump pushes for swift peace deal with Russia
(DBN)

Russia is not as resilient as it wants you to think
(DBN)

Russia’s charm offensive on Trump leaves Europe scrambling to win him back
(DBN)

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India:

Crisis-hit IndiGo to bring in external experts to probe mass flight cancellations
(DBN)

Secured creditors’ dues must take priority over government revenues
(DBN)

The flawed creditor divide in the IBC bl-premium-article-image
(DBN)

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Venezuela:

Despite his rhetoric, Trump’s military options in Venezuela are limited
(DBN)

US Seizes Oil Tanker Off the Coast of VenezuelaVideo US seizes oil tanker off Venezuela bound for Cuba Trump's warships seize Venezuelan oil tanker sparking blockade fears: 'Serious escalation'
(DBN)

Venezuela’s Nobel Winner Ups the Ante in Standoff With Maduro
(DBN)

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Austria:

Austrian ex-tycoon Benko found guilty of hiding luxury watches from creditors
(DBN)

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China:

Don’t fear China’s trillion-dollar trade surplusThe meaning of China’s record-high trade surplus
(DBN)

China will destroy US military in fight over Taiwan, top secret document warns
(DBN)

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Australia:

New Australian study shows devastating impact of coerced business debt
(DBN)

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Mexico:

Mexico approves up to 50% tariffs on China, other Asian nations
(DBN)

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