December 18, 2025

The Daily Bankruptcy News

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Law:

Susman Godfrey shatters BigLaw bonus scale, paying senior associates up to $280K
(DBN)

Elite Trial Boutique Offers Gigantic Bonuses Of Up To More Than $770K To Associates
(DBN)

Biglaw Firm Rewards Extra Work With Above Market Bonuses!
(DBN)

Elite IP Boutique Is Showering Associates With More Money Than Biglaw
(DBN)

Small Firm, Big Money: Boutique Firm Hands Out Biglaw Market Bonuses
(DBN)

Biglaw Firm Shows Appreciation With Huge Bonuses
(DBN)

Boutique Trial Firm Announces Huge Bonuses With A Personal Touch
(DBN)

Elite Boutique Cleans Its Plate With Market-Crushing Associate Bonuses
(DBN)

Top Biglaw Firm Matches Market Bonuses — If Associates Bill Enough
(DBN)

Brand New Biglaw Firm Delights With Associate Bonuses
(DBN)

At Many Top Law Schools, Black Student Enrollment Continues to Drop
(DBN)

Bullivant Houser Bailey PC Files for Chapter 11 Bankruptcy Amid Law Firm Industry Challenges
(DBN)

Cadwalader Promotes Big Partner Class Amid Merger Talks
(DBN)

Law Firm Recruiting First-Year Law Students Starts Earlier
(DBN)

Judge orders patent attorneys to explain incorrect legal citations hallucinated by AI
(DBN)

Cross-Examine Your AI: The Lawyer’s Cure for Hallucinations
(DBN)

Quinn Emanuel Battles Nano Dimension in $30 Million Fee Dispute Amid Desktop Metal Bankruptcy
(DBN)

Returning To The Firm After Parental Leave: Why It Feels So Hard — And How To Do It Well
(DBN)

DLA Piper Hired Seyfarth Shaw for Sex Battery Claims Response
(DBN)

ABA Accreditation Protects Law Students, Leaves Politics Aside
(DBN)

Get Ready For U.S. News Law School Rankings To Make No Sense
(DBN)

Winston & Strawn, Taylor Wessing Leaders on ‘Compelling’ Merger
(DBN)

Attorney and former city council member charged with witness intimidation
(DBN)

Senior lawyer, filmmaker explores questions about retirement in latest documentary
(DBN)

Jack Smith tells lawmakers his team developed ‘proof beyond a reasonable doubt’ against TrumpJack Smith wants to tell Congress about his Trump investigations. That comes with risks. Jack Smith makes his case against Trump in closed-door deposition
(DBN)

They prosecuted the Capitol rioters. Now the rioters and the DOJ are after them.
(DBN)

Trump’s FCC Scrubs Language from Its Website That It’s an ‘Independent Agency’ — Just Minutes After Chairman’s Brawl With DemocratIn Senate testimony, FCC chairman says his agency isn’t independent
(DBN)

Kash Patel chooses love over hunt for killerWhy Can’t Kash Patel Shut Up?
(DBN)

Dan Bongino Clearing Out His Office in Preparation for FBI ExitFBI Deputy Director Dan Bongino says he will step down in JanuaryTrump on Bongino leaving FBI: ‘I think he wants to go back to his show’
(DBN)

In 2025, Trump’s Justice Department Was Fodder For An Endless Parade Of Legal Blunders And Public Embarrassment
(DBN)

Why is the government arresting the people it wants to legalize?Year of the Lies: ‘Worst of the worst’? ICE deports brothers after years of check-ins, good conduct Trump Administration Aims to Strip More Foreign-Born Americans of Citizenship Detained Immigrants Detail Physical Abuse and Inhumane Conditions at Largest Immigration Detention Center in the U.S.Trump's ICE Under Fire As Video Shows Pregnant Woman Dragged Across Icy PavementImmigration Agents and Protesters Face Off in Frigid Minnesota
(DBN)

How the DOJ’s assault charges against protesters are crumbling inside courtrooms
(DBN)

Trump administration prepares sweeping crackdown on leftist networks
(DBN)

Dems probe DOJ and Bondi’s brother
(DBN)

Lawyer who defended Karen Read and Kevin Spacey retained by Rob Reiner’s son Nick Reiner’s Attorney Is Used To The Spotlight Nick Reiner appears in LA court after being charged with murder in deaths of his parents Nick Reiner’s elusive movements across L.A. the weekend his parents were killed
(DBN)

Charlie Kirk's alleged assassin bragged about Wordle score minutes before shooting
(DBN)

Lowe's ignored warning signs from hostile employee who fatally shot co-worker: Lawsuit
(DBN)

Brown University Responds to Student Being Targeted OnlineHunt For Brown Shooter Drags Into Fifth Day
(DBN)

85% of people given federal pardons or clemency this year are white, House lawmaker’s report says
(DBN)

Former Harvard morgue manager sentenced for selling stolen body parts
(DBN)

Tow truck driver hauls away Honda with 4-year-old inside, dad chases in panic: Cops
(DBN)

Diaper-clad toddler found wandering alone in freezing cold snow suffering from frostbite
(DBN)

Man 'brake-checked' e-bike rider with golf cart, dragged him for 50 to 100 yards: Cops
(DBN)

Wife saw her store clerk husband's shooting on FaceTime during robbery for less than $100
(DBN)

Father at son's college dorm to help him move out opens fire on other students: Cops
(DBN)

Honor student waiting for DoorDash killed in 'heinous' case of mistaken identity: Cops
(DBN)

Wife wrote 'bye bye' in calendar on same day she allegedly killed her husband: Reports
(DBN)

Drunk driver wiped out family riding in golf cart, leaving a dad and 2 of his kids dead
(DBN)

Cop without lights, sirens slams into car with kids, killing siblings ages 8, 10: Police
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Judges:

Jackson Walker LLP Seeks Expedited Resolution of Malpractice Settlements Ahead of Fraud Trial in Texas
(DBN)

US appeals court tosses decision allowing Trump mass firings at consumer bureau
(DBN)

Appeals court agrees to rehear CFPB union’s case
(DBN)

Full DC Circuit Will Review Trump’s Efforts To Dismantle CFPB
(DBN)

DOJ Wants Federal Reserve Chair Powell To Weigh In On CFPB Funding
(DBN)

Which Supreme Court cases are actually important?
(DBN)

Even Judge Cannon didn't buy Trump's narrative about the FBI's Mar-a-Lago search
(DBN)

Obama-Appointed Judge Joins Trump Appointees to Give President a Win on DC Deployment
(DBN)

Alabama’s Black lawmakers could nearly be wiped out by a single US Supreme Court ruling, report warns
(DBN)

Man who set fire in state supreme court building is sentenced
(DBN)

Trump hits judicial jackpot in $10 billion defamation lawsuit against BBC
(DBN)

Personal injury lawyers add to woes of car crash victims, survey shows
(DBN)

Former Trump aides must go to trial over alleged scheme to steal 2020 election: Judge
(DBN)

Trump-appointed judge argues noncitizens don’t have Constitutional rights
(DBN)

Republican Presses Trump Judicial Pick on His Religious Sermons
(DBN)

Court blocks Trump admin's efforts to cut SNAP benefits for legal permanent residents
(DBN)

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Wall Street:

S&P 500 futures rise as inflation report looms
(DBN)

Tech stocks plunge as AI angst returns
(DBN)

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Layoffs:

Layoffs hit 1,000 workers weeks after CEO pocketed $6.25M
(DBN)

Red Lobster lays off about 200 restaurant employees
(DBN)

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Musical Instruments:

Höfner – maker of Paul McCartney’s iconic violin bass – files for bankruptcy
(DBN)

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Sports:

Puka Nacua’s Adin Ross appearance results in antisemitic touchdown dance promise
(DBN)

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Food/Beverage:

Say goodbye to Hardee’s restaurants quietly shuttered by bosses just two years after bankruptcy filing
(DBN)

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Economy:

Trump Says Tariffs Have Brought in $18 Trillion. That's Impossible.
(DBN)

Trump gives a partisan prime-time address insisting the economy is stronger than many voters feel
(DBN)

Trump Dangles Cash Payments to Buoy Voters’ Views of the Economy
(DBN)

Bessent says Supreme Court tariff ruling, Fed chair pick expected in January
(DBN)

Jobless rate for Blacks and teens surges in NovemberThe job market has turned hostile to Black Americans
(DBN)

Trump’s Economy Ratings Hit 2-Term Low — Just a Single Point From Biden’s Worst: Poll
(DBN)

Rising Jobless Rate Under Trump Has Some Precedent, and It Often Ain’t Pretty
(DBN)

CFO confidence rebounds despite capital market valuation worries: Deloitte
(DBN)

What Americans think about giving cash as holiday gifts, according to a new AP-NORC poll
(DBN)

Gen Z Loses Faith in Social Security’s Future
(DBN)

Hedge fund billionaire Ray Dalio, wife to donate to 300,000 Trump accounts
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Lawler: Early Read on Existing Home Sales in November and Update on Mortgage/MBS Yields and Spreads
(DBN)

AIA: "Architecture firm billings remain stagnant" in November
(DBN)

3rd Look at Local Housing Markets in November
(DBN)

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

NYC High Line-Area Building Floats $53 Million Bankruptcy Sale
(DBN)

More drama at Leland House in DetroitTenants frustrated with Leland House evacuation in Detroit: "It's been a nightmare"
(DBN)

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Politics:

Trump is previewing his 2026 agenda in an address to the nation as his popularity wanesTrump attempts domestic reset with fast-paced White House address5 takeaways from Trump’s White House address Fact-check: President Trump’s speech on inflation, wages, military dividend With costs a growing worry for Americans, Trump seeks to defend his economic recordTrump touts ‘warrior dividend’ checks, housing reform in address to nationFast, harsh, alone: Trump beams into prime time with uncertain results
(DBN)

Donald Trump’s Economic Approval Rating Sinks to New LowTrump approval rating rebounds after second-term low: DDHQ averageTrump's economic approval hits a new low at 36%, poll finds
(DBN)

We Could Not Have A Less Christmassy President If Ebenezer Scrooge Sat In The Oval Office
(DBN)

Marjorie Taylor Greene says ‘dam is breaking’ within GOP against Trump
(DBN)

Trump’s White House ‘Walk of Fame’ mocks former presidents
(DBN)

Trump announces $1,776 ‘warrior dividend’ checks to be sent to members of the military
(DBN)

Republicans push mail-in voting for the midterms in defiance of Trump
(DBN)

Trump’s team at war with Vanity Fair over Susie Wiles interview‘Why Vanity Fair’: Aides and allies wonder what Wiles, West Wing were thinking
(DBN)

Miriam Adelson pledges $250 million for a third Trump term at White House Hanukkah party
(DBN)

AOC Leads JD Vance For First Time in 2028 Election Matchup: Poll
(DBN)

Senate voting on $901 billion defense bill that pushes Hegseth for boat strike video
(DBN)

Democrat Wins Election by 47-Point Landslide in Kentucky
(DBN)

Trafficked, exploited, married off: Rohingya children’s lives crushed by foreign aid cuts
(DBN)

Far-right flag used by Jan 6 rioters flown at government agency in DC
(DBN)

Omar on Homan saying she’s under investigation: ‘They’re sick’
(DBN)

Senate GOP grows uneasy as Pentagon’s Kelly investigation escalates
(DBN)

Sen. Chris Murphy after boat strike briefing: There’s ‘no fentanyl’ and ‘no legal justification’
(DBN)

GOP senators break with Hegseth over video of missile strike on survivorsSenate passes defense bill that defies Trump and forces sharing of boat strike videos
(DBN)

US military kills 4 ‘narco-terrorists’ in eastern Pacific, total reaches 99
(DBN)

Senators Press FBI Over Failure to Investigate Epstein’s Lawyer and AccountantGhislaine Maxwell’s lawyer warns unsealing Epstein files could spark retrial
(DBN)

Ramaswamy calls on conservatives to reject Groypers
(DBN)

Johnson says he has ‘not lost control of the House’ after moderates launch major rebellion
(DBN)

Hegseth overhauling chaplain corps, targeting ‘new age’ concepts
(DBN)

These federal workers proudly served the American people. Then came Trump's upheaval
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Education:

The Colleges That Couldn’t Survive 2025
(DBN)

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Healthcare:

Physicians say Oroville Hospital demands 120-day work agreement for November pay
(DBN)

Hospital survival is threatened in the era of big finance Hospitals acquired by real estate investment trusts associated with greater risk of bankruptcy and closureHospitals owned by real estate investors more likely to close or go bankrupt
(DBN)

Centrist Republicans revolt, signing a petition to force a vote on Obamacare fundingThese 4 rogue Republicans joined Democrats’ ObamaCare discharge petitionFitzpatrick says GOP leaders demanded ‘poison pill’ to sink ObamaCare push
(DBN)

How the end of extra Affordable Care Act subsidies could affect you
(DBN)

Measles outbreaks worsen in South Carolina, Arizona, Utah
(DBN)

Fauci's replacement sues Trump admin over her firing, argues she was 'retaliated against'
(DBN)

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Entertainment:

Warner Bros. Golden Parachutes Revealed: What David Zaslav and C-Suite Will Get In a Deal
(DBN)

Warner Bros. Says Ellisons ‘Misled’ Shareholders in Takeover Bid
(DBN)

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Assisted Living:

Judge pushes Genesis bankruptcy parties to agree on new bid, opens door to other sale methodsBankrupt Genesis restarts nursing home auction after insider bid fails
(DBN)

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Celebs:

Bankruptcy trustee presses case against ex-Colorado star Shilo Sanders
(DBN)

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Tech:

iRobot’s collapse exposes US robotics vulnerabilities to China
(DBN)

Louisiana social media law ruled unconstitutional
(DBN)

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Fraud:

Mark Dente Ponzi scheme investors seek bankruptcy.
(DBN)

Court Scrutinizes Allegations of Fraud in $102 Million Arbitration Case Involving Levona and Eletson
(DBN)

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Trucking:

Truck maker collapses after missed payrolls; hundreds lose jobs
(DBN)

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Autos:

Tricolor's Excel Guy Failed to Fix All Numbers in Alleged Fraud
(DBN)

Tricolor Founder Chu Charged With Alleged Fraud, DOJ SaysExecutives at subprime auto lender Tricolor face fraud charges following bankruptcySubprime auto lender CEO arrested on federal fraud charges, faces up to life in prison
(DBN)

Tricolor CEO received a $6.25 million bonus weeks before company’s bankruptcy, prosecutors say
(DBN)

Ex-First Brands Manager Say He’d Plead Fifth in Creditor Inquiry
(DBN)

First Brands Asks Lenders for Fresh Cash of Up to $800 Million
(DBN)

Why Americans Could Pay More as Nissan Collapse Looms and China Tightens EV Grip
(DBN)

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  New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

'I lost my innocence': Clergy abuse survivor breaks her silence after decades
(DBN)

Judge approves $1.7M bill for legal, other professional work for bankrupt Buffalo Diocese
(DBN)

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Guardians:

Bankruptcy’s Guardian Gaps
(DBN)

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Student Debt:

Bridging the Student Loan Bankruptcy Gap
(DBN)

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Plan Confirmation:

Get Out the Vote: Reconciling the Treatment of Nonvoting Creditor Classes in Chapter 11 Bankruptcy Cases
(DBN)

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Bankruptcy Crimes:

Raleigh County man sold 10,000-card sports collection, failed to disclose assets during bankruptcy
(DBN)

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Book Reviews:

Surviving on the Financial Edge - Review of Debt’s Grip: Risk and Consumer Bankruptcy
(DBN)

Consumer Bankruptcy, Household Debt and the Big Picture—Pamela Foohey, Bob Lawless and Deborah Thorne, Debt’s Grip
(DBN)

Anecdotes on the Data in Debt’s Grip
(DBN)

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Aviation:

City Council rejects Key Lime Air expansion at DIA over ICE flights
(DBN)

US government admits role in causing helicopter-plane collision that killed 67 in Washington
(DBN)

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Religion:

Longtime children's pastor Joe Campbell arrested on child sex abuse charges
(DBN)

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Agribusiness:

Ranchers in Texas are turning against Trump as price of beef plummets
(DBN)

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Satellites:

Earth would have 3 days to avoid satellite catastrophe from solar storm
(DBN)

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Trustees:

Judge: Trustee needed in Fuller's Service center bankruptcy case
(DBN)

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Retailing:

QVC Group’s ballooning tax liability stirs bankruptcy debate
(DBN)

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Bicycles:

Cowboy saddles up with a new owner
(DBN)

Seattle e-bike pioneer Rad Power Bikes files bankruptcy, owes $73 millionRad Power Bikes’ biggest unpaid bill is $8.3M to U.S. Customs, as tariffs squeeze the industry
(DBN)

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Crypto:

Bitcoin’s Silent Exodus Hits Crypto as Long-Time Buyers Cash Out
(DBN)

FTX insider Caroline Ellison has been quietly moved out of prison
(DBN)

Silvergate $10M settlement opens claims for FTX-linked depositors
(DBN)

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Sovereigns:

S&P lifts Argentina rating, sees nation more able to repay debt
(DBN)

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UK:

New property rules aim to safeguard investors during crypto bankruptcies
(DBN)

Drivers 'owed thousands' after 'invaluable' Cornwall taxi firm 'went bust'
(DBN)

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Australia:

Syrian Australian man, deemed a national hero after stopping gunman, receives millions in donationsBondi's father-son terror duo likely attended infamous 'Gas the Jews' protest in Sydney‘Factory of hate’: Inside ‘ISIS centre’ visited by alleged Bondi shooterMourners grieve 10-year-old slain in Bondi mass shooting as Australia’s leader pledges new hate laws
(DBN)

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Mexico:

Lawmakers pull each other’s hair during Mexico City Congress session
(DBN)

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Colombia:

US designates Colombia's Clan de Golfo a terrorist organization
(DBN)

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France:

Strikes and a $100 million heist push the Louvre into historic crisis
(DBN)

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Serbia:

Kushner ditches hotel project after Serbian officials hit by scandal
(DBN)

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Russia:

Russia: US has promised us Ukrainian territory
(DBN)

Putin says Russia will take Ukraine by ‘military means’ if talks fail
(DBN)

Putin calls European leaders 'piglets,' declares war goals will be met 'unconditionally'
(DBN)

US, Russia to hold talks on Ukraine war in Miami this weekend
(DBN)

Russians Mean Something Different When It Comes to 'Peace'
(DBN)

Russia is trying to overwhelm Europe with its sabotage campaign, Western officials say
(DBN)

EU’s top diplomat says ‘good luck’ to US effort to bring Putin into fold
(DBN)

Belgium demands ironclad guarantees of protection as EU leaders weigh a massive loan for UkraineBelgium faces pressure to back Ukraine loan or be outvoted
(DBN)

Why can’t the EU agree on using £80bn of Russian assets for Ukraine?
(DBN)

UK gives Abramovich last chance to give Chelsea sale proceeds to victims of Russia’s war in Ukraine
(DBN)

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Venezuela:

Venezuelan Navy Escorts Vessels After Trump’s Blockade Threat
(DBN)

GOP lawmaker accuses Trump of lying like Bush to start a war: ‘Same playbook’
(DBN)

Trump demands Venezuela pay for seized US oil assets after calling for ‘blockade’
(DBN)

Second near midair collision with US Air Force plane day after JetBlue flight from Venezuela was forced to take evasive action
(DBN)

China backs Venezuela after Trump orders oil tanker blockade
(DBN)

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Taiwan:

US announces massive package of arms sales to Taiwan valued at more than $10 billion
(DBN)

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India:

Insolvency Cannot Be Withdrawn After Liquidation Begins: NCLAT Reaffirms
(DBN)

Shareholders Under the IBC: Why Equity and Preference Holders Rarely Qualify as “Persons Aggrieved”
(DBN)

AI-Powered Lending Expands, but India’s Insolvency Law Struggles to Keep Pace
(DBN)

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China:

China Vanke sweetens bond extension proposal to avert debt default
(DBN)

China’s Gasoline Exports Plummeted 51.7% in November
(DBN)

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Brazil:

Banks Seal $3.6 Billion Loss in Brazil Bankruptcy Settlement
(DBN)

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