December 3, 2025

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Top 10 Biglaw Firm Hands Out Associate Bonuses — With Even More Money For Top Performers
(DBN)

Biglaw Firm Gives Associates The Best Thing To Mull Over: Bonuses!
(DBN)

‘Hair salons and saunas’: Perks are the new frontier in the battle for top lawyers
(DBN)

White Supremacist Law Student Reinstated To University of Florida Law student’s post that ‘Jews must be abolished’ wasn’t true threat justifying expulsion, judge rules
(DBN)

Willkie Adds Restructuring and Bankruptcy Litigation Partner Christopher DiPompeo in Washington, DC
(DBN)

What happens when 2 USC Gould Law professors divorce? The university gets sued
(DBN)

What’s Next After Justice Department Dissolved Its Tax Division
(DBN)

These law schools have the best return on investment, analysis says
(DBN)

Biglaw Appellate Attorney Falls To His Death While Mountain Climbing
(DBN)

Marine Veteran Feels ‘Betrayed’ as ICE Detains Wife at Green Card InterviewEffort to ban ICE agents from wearing masks moves forward in L.A. County U.S. pauses all immigration applications from 19 non-European countries Kristi Noem Recommends ‘Full Travel Ban’ as Trump Threatens Migration HaltTrump unleashes ICE 'strike teams' on Somalis in Minnesota after National Guard shootingPresident Calls Somalis 'Garbage'White House slams Sabrina Carpenter for defending ‘sick monsters’ after singer shades ‘evil’ ICE video
(DBN)

Abrego Garcia's lawyers claim lies from Trump admin about relocation stretch to the top
(DBN)

Suspect in DC National Guard shooting, Rahmanullah Lakanwal, shouted ‘Allahu Akbar’ while firing gun: charging docs
(DBN)

Hegseth Throws Admiral Under the Bus, Says Navy Leader Ordered Boat Survivors KilledHegseth Says He Didn’t See Strike on Alleged Drug Boat That Killed Survivors Who is Admiral Frank Bradley? Commander in Spotlight Over Venezuela Strike Pete Hegseth told US soldiers in Iraq to ignore legal advice on rules of engagementExperts explain what the law says about killing survivors of a boat strikeGOP Senator Says Whoever Ordered Strike Should ‘Get The Hell Out’ of DCTop Republicans Turn Against Hegseth, Demand Video of Boat StrikeAndrew Napolitano Destroys Pete Hegseth in Stunning Commentary: ‘Should Be Prosecuted for a War Crime!’
(DBN)

Despite Supreme Court Wins, Elite D.O.J. Unit Has Seen Mass Turnover
(DBN)

Virginia State Bar Whistles Past Lindsey Halligan Ethics Complaint Claiming It’s Not Their Job
(DBN)

'Callous disregard': Comey's pal begs judge to stop DOJ's 'endless' searches of his files
(DBN)

Kash Patel reacts to embarrassing FBI raid jacket tale
(DBN)

Melania Trump Could Be Impacted by New Citizenship Bill
(DBN)

US mass killings are down in 2025, but experts say it’s likely just a return to more typical levels
(DBN)

Netflix's New Diddy Docuseries: Most Shocking MomentsSean 'Diddy' Combs Accuses Netflix of Stealing Footage for 50 Cent's Docuseries
(DBN)

Bonkers Brooklyn dine-and-dasher evicted while she sits in jail
(DBN)

Man beats victim to death with TV, then rolls body to bus stop in wheelchair, leaves: Cops
(DBN)

Beauty queen beat boyfriend's toddler son to death because she 'resented' boy: Prosecutor
(DBN)

Man 'terrorizes' Sandy Hook father, tells his job that his 'daughter was never killed': DA
(DBN)

Wife killed husband after they'd 'gotten into it' while driving home from funeral: Police
(DBN)

Mom, stepdad forced pregnant daughter into woods where they killed her, cut baby out: Cops
(DBN)

Mom claimed newborns had rare virus while she secretly spent years killing them: Police
(DBN)

11-year-old found 'wandering alone' in Target says his mother tied him up in the basement
(DBN)

Man stabbed and shot his girlfriend before turning the gun on her 2 sons, police say
(DBN)

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Judges:

Aileen Cannon Issued Update on Release of Jack Smith’s Trump ReportTrump wants to weigh in at Cannon's court to keep Jack Smith's Mar-a-Lago report hidden
(DBN)

8 Immigration Judges Fired in Latest Trump Admin Move: Report
(DBN)

'It Was My Fault': 3 Texas Judges, 16 Lawyers Disciplined
(DBN)

Supreme Court sympathetic to antiabortion center in fight over donor names
(DBN)

Judge accused of hitting prosecutor is suspended without pay
(DBN)

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Wall Street:

Stock futures tick higher ahead of data releasesStock futures climb as bitcoin bounce continues
(DBN)

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Layoffs:

List of Companies Laying Off Employees in December
(DBN)

Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026
(DBN)

USPS contractor 10 Roads going out of business, 2,600 driver jobs lost
(DBN)

Ad giant Omnicom says its mega-merger with IPG will lead to 4,000 job cuts
(DBN)

WARN Update – California’s New Notice Requirements
(DBN)

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Food/Beverage:

Bankruptcies reveal a troubling trend for US coffee chains
(DBN)

Romano's Macaroni Grill has closed more than half of its restaurants this year
(DBN)

K&W Cafeteria shuts its doors for good
(DBN)

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Finance:

Congress Wants To Double SBA Loan Limits as Small Business Bankruptcies Hit Record High
(DBN)

Private-Credit Fears Are Based on Four Myths
(DBN)

Inside the Rise of Private Credit
(DBN)

AI reshaping corporate finance
(DBN)

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Tech:

Big Tech’s ‘Spend Little, Earn Lots’ Formula Is Threatened By AI
(DBN)

ChatGPT Has Won the Right to Self-Rule. That May Go Badly
(DBN)

IBM CEO says there is 'no way' spending trillions on AI data centers will pay off at today's infrastructure costs
(DBN)

OpenAI CEO Sam Altman declares ‘code red’ to improve ChatGPT amid rising competition in AI chatbots
(DBN)

San Francisco's Buzziest Social-Media Star: Its Mayor
(DBN)

Self-driving cars will transform urban economies
(DBN)

India Orders a Tracking App to Be Installed in All Smartphones
(DBN)

Grok Says It Would Kill Every Jewish Person on the Planet to Save Elon Musk
(DBN)

Hacking scheme targeted 120,000 home cameras for sexual footage
(DBN)

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Skiing:

Wisconsin’s ‘snowiest’ ski resort will stay open this season after bankruptcy filing
(DBN)

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Autos:

BMW, VW Supplier’s Surging Debt Costs Are a Warning to Industry
(DBN)

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Economy:

U.S. manufacturing shrinks for ninth month as new orders fall: ISM
(DBN)

The Fed Has Rarely Been So Divided Over Its Long-Term Plan for Interest Rates
(DBN)

Chris Waller, not Kevin Hassett, should lead the Federal Reserve
(DBN)

The wealth of the top 1% reaches a record $52 trillion
(DBN)

Big Four promotions depend more on politics and your boss having your back than your performance, researchers found
(DBN)

Is the Future still Bright?
(DBN)

Trump Calls Affordability a ‘Con Job’ as His Edge on the Economy Slips
(DBN)

Larry Summers banned for life from prestigious economist club over Jeffrey Epstein scandal
(DBN)

Ahead of Tariff Ruling, Businesses Race to Secure Refunds
(DBN)

Map Shows States Americans Are Moving to—and Where They’re Leaving
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

The wannabe real estate moguls going bust
(DBN)

America’s Hottest Housing Markets 2026: From NYC Suburbs to Great Lakes
(DBN)

Mortgage rates finally moved lower last week, but that didn’t do much for demand
(DBN)

Final Look at Housing Markets in October and a Look Ahead to November Sales
(DBN)

Housing Affordability ‘Considerably Worse’ Than Five Years Ago
(DBN)

Americans Are Losing Their Homes To Zombie Mortgages
(DBN)

How US Home Sales Are Predicted to Rise Across 2026
(DBN)

Office REIT Eyes Pivot To Other Sectors To Avoid Bankruptcy
(DBN)

Indicted Sonoma real estate mogul Ken Mattson is living in a $6 million house. His creditors want him evicted.
(DBN)

Walgreens Real Estate Is Up for Grabs
(DBN)

Fordham Landing Affiliates File Chapter 11
(DBN)

Arioso Apartments Owner Chapter 11
(DBN)

Owners of The Leland agree to pay $43,000 in unpaid DTE bills
(DBN)

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Politics:

'What’s going on?': Trump posts 'hundreds' of times an hour in overnight Truth Social spree
(DBN)

Tennessee special election stirs Democratic hopes and GOP fears of an upsetSlumping Trump Says ‘Whole World Is Watching’ Tennessee Special ElectionRepublican Matt Van Epps will win Tennessee special election, averting Democratic upset, CNN projectsGOP’s Narrow Win in Tennessee Vote Highlights Midterm Risk
(DBN)

Michael and Susan Dell donate $6.25 billion to encourage families to claim ‘Trump Accounts’
(DBN)

Donald Trump Is Trying to Mold Latin America in His Own Image
(DBN)

Mike Johnson Faces Revolt from Within His Own Leadership Team
(DBN)

‘Dozy Don!’ Liberals Run Wild With Claim Trump Can’t Stay Awake During Cabinet Meeting
(DBN)

GOP Civil War Brewing as Elise Stefanik Trashes Mike Johnson for Getting ‘Rolled’ by Dems
(DBN)

Leaf blowers are the latest thing dividing Americans
(DBN)

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Retailing:

Cyber Monday Spending Pace Lags Black Friday for Second Year
(DBN)

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Student Debt:

Student Loan Update: Change Could Lower Payments for Millions
(DBN)

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Healthcare:

Centurion insists plan to buy Roger Williams, Fatima hospitals remains on track
(DBN)

Bernie Sanders Says 530,000 Americans Go Bankrupt Paying Medical Bills Each Year
(DBN)

Study Warns of Major Toll ‘Chronic Stress’ Could Be Taking On Humans
(DBN)

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Retailing:

Sears Will Finally Go Out of Business
(DBN)

Macy’s posts strongest growth in more than 3 years, but strikes cautious note on holidays
(DBN)

Farewell to a historic clothing brand – the company announces the immediate closure of more than 400 stores due to bankruptcy, leaving the textile sector in shock
(DBN)

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Trucking:

Bankrupt Yellow reaches settlement with pensions seeking billionsDeals with pension plans slated to reduce Yellow’s payouts by billions of dollars
(DBN)

10 Roads Express Shuts Down, Ending USPS Mail Haul Contracts
(DBN)

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Furniture:

Filing Alert: Buddy's Home Furnishings Chapter 11
(DBN)

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Education:

Think of College Like You Would a Junk Bond
(DBN)

Accommodation Nation
(DBN)

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Fraud:

Eli Weinstein’s Second Chances
(DBN)

Ex-Netflix executive details how a 'visionary' project slowly unraveled into an alleged $11 million fraud
(DBN)

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Watches:

Filing Alert: E. Gluck Corporation Chapter 11
(DBN)

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Crypto:

Sorry to Break It to You Geniuses: Under the GENIUS Act the Holders of Stablecoins Actually Have FIFTH Priority in an Issuer Bankruptcy
(DBN)

The 26-Minute, 51% Wipeout That Deepened Trumps’ Crypto Woes
(DBN)

Those Sky-High Bitcoin Prices That Everyone Said Were Here to Stay? They Left.
(DBN)

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Climate:

Climate Study Widely Used by Central Banks Retracted Over Errors
(DBN)

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Utilities:

Americans lost more power last year than any year in previous decade: EIA
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (43 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Mom-and-Pop Business Bankruptcies Hit a Record as Debts Rise
(DBN)

US Bankruptcy Filings Surge
(DBN)

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Mass Torts:

Clergy abuse victims express mix of forgiveness, anger in emotional testimony Many survivors doubt New Orleans archdiocese will improve child protection through bankruptcyNew Orleans archbishop speaks after child sex abuse survivors reveal graphic details in court
(DBN)

Upcoming deadline in Fresno diocese's bankruptcy criticized as self-serving 'loophole'
(DBN)

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Venue:

Former ‘Santa Barbara News-Press’ Publisher Looks to Move Bankruptcy Case to New Venue
(DBN)

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LMEs:

Liability Management Exercises Mature
(DBN)

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Bankruptcy Alternatives:

Common Law ABCs v. Receiverships
(DBN)

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Aviation:

A man called in a bomb threat to New Orleans airport after he couldn't pay for parking, an affidavit says
(DBN)

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Agribusiness:

Goehring pushes farmers affected by Hansen-Mueller bankruptcy to file claims
(DBN)

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Sovereigns:

Ukraine's Bold Swap: Navigating Sovereign Default Recovery
(DBN)

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UK:

Thames Water’s Debt Pile Grows as Restructuring Talks Drag OnThames Water locked in rescue deal talks with creditors
(DBN)

Council seeks up to £17.5m Government bailout to avert financial collapseMP 'appalled' over council's bankruptcy risk as city chiefs hope for £17.5m bailout
(DBN)

14% of households are worried about debt
(DBN)

Jury trials: what the UK government’s plan to limit them would mean for victims, defendants and courts
(DBN)

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Canada:

Former KPMG auditor fined for professional misconduct in connection with Laurentian's pre-insolvency audit
(DBN)

Canada Reaches Deal to Join EU’s Flagship Defense Program
(DBN)

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Venezuela:

Rotating Beds and Cellphones, Maduro Plans to Outlast TrumpDancing dictator Maduro vows Venezuela is ready to fight
(DBN)

Pope Leo Warns Trump Not To Launch War Against Venezuela’s Maduro
(DBN)

Venezuela to continue accepting deported migrants despite Trump’s airspace closure assertion
(DBN)

Rubio Casts Doubt on Maduro’s Ability to Honor Any Deal with US
(DBN)

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Philippines:

S&P flags weak creditor protection in the Philippines, assigns Group C ranking What makes Malaysia and India more creditor friendly than the Philippines?
(DBN)

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MENA:

Outlook for restructuring and insolvency in the Middle East
(DBN)

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Colombia:

Donald Trump threatens attack on Colombia amid Venezuela war fears
(DBN)

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Russia:

Putin accuses Europeans of sabotaging peace efforts in Ukraine
(DBN)

Kremlin Calls Russia-US Talks Constructive But No Deal Reached
(DBN)

Putin ‘Ready to Fight’ NATO Allies
(DBN)

Putin to Meet With Witkoff and Kushner as U.S. Pushes for Ukraine Deal
(DBN)

From Snarling Zombies to Frolicking Dogs: Recruiting Ads Trace a War’s Evolution
(DBN)

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Argentina:

Milei’s Election Battle Leaves Argentina’s Banks at Five-Year Low
(DBN)

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Australia:

‘Beggars belief’: Bankruptcy trustee flees country with corrupt HSU official Kathy Jackson’s inheritance
(DBN)

Personal insolvency stats unveiled for October, September quarter
(DBN)

Bruce Lehrmann facing bankruptcy after losing appeal of court finding he raped Brittany Higgins
(DBN)

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Bermuda:

Bermuda – Americas Restructuring Review 2026.
(DBN)

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India:

India’s Insolvency & Bankruptcy Code is struggling to deliver. It’ll take a decade to clear backlog
(DBN)

S&P Ups Jurisdiction Ranking Assessment For India's Insolvency RegimeIndia's insolvency framework wins global praise; S&P upgrades ranking
(DBN)

IBC’s Creditor-Driven Model Is India’s Insolvency Success Story, Says Dr UK Chaudhary
(DBN)

Targeted steps needed to boost efficiency of insolvency law: Parliamentary panel
(DBN)

Panel seeks fast-track courts to expedite insolvency cases
(DBN)

Overall recovery under IBC just 32.8% of total admitted claims, finds Parliamentary panel
(DBN)

IBC overhaul: Parliament panel seeks advance ruling system; can these fixes speed up resolutions?
(DBN)

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Bahamas:

U.S. Bankruptcy Court approves Baha Mar legal settlement
(DBN)

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Singapore:

Jail for woman who confined and restrained debtor with cable ties for about 5 hours
(DBN)

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