January 24, 2025

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click here
Search prior case summaries: Click here

Format For Mobile Device



Law:

Senior Biglaw Associates Are Billing HOW Much Per Hour?!
(DBN)

White and Williams Appoints Financial Restructuring and Bankruptcy Practice Group Leadership
(DBN)

Flaster Greenberg Bankruptcy Head Named To Board
(DBN)

Wells Fargo Bank agrees to pay $1.1 million to resolve claims in Chris Pettit bankruptcies
(DBN)

Biglaw Associates Find Their Bonuses Cut By 25% Because They Didn't Go To The Office Enough
(DBN)

Tenured Law Professor Allegedly Removed From Class Over Political Comments
(DBN)

Ex-Girardi Keese CFO Contemplating Guilty Plea in Chicago Case
(DBN)

Lawyer arrested at state bar meeting for carrying petitions reaches settlement
(DBN)

Trump's B.S. 'Efficiency' Effort Steals Jobs From Real J.D.s
(DBN)

Law and lobbying disclosures show earnings for Pam Bondi, RFK and top firms
(DBN)

SRA accused of 'throwing the book' at breath test Baker McKenzie solicitor
(DBN)

'Dunce cap' associate wins €175k after suing Dentons for €40m
(DBN)

Law firm coke dealers caught in the act
(DBN)

Legal influencer's firm closed down after 'suspected dishonesty'
(DBN)

Well, This Is An Awful Way To Get Your Legal Career Off The Ground
(DBN)

Trump Federal Hiring Freeze Scuttles Job Offers for Law Students
(DBN)

Big Law's Splashy 2025 Hires Obscure a Slow Laterals Market
(DBN)

Law School Now Requires Students To Get Artificial Intelligence Certification
(DBN)

Law Firm Making Bank By Lobbying
(DBN)

Bar associations could be targeted, Trump DEI order says, spurring response from 2 of them Trump's DEI Scrutiny Coming to Bar Associations, Law Schools
(DBN)

BigLaw firm took several pages from ‘Retaliating Employer’s Handbook,’ suit alleges
(DBN)

Justice Department freezes all cases in Civil Rights Division
(DBN)

Judge Chutkan: Trump pardons won’t change ‘tragic truth’ of Jan. 6 Capitol riot Trump Jan. 6 judge hammers president's decision to absolve Capitol rioters
(DBN)

Pardoned January 6 Participant Says 'God' Looked Over Capitol Rioters
(DBN)

Man tarred by Jan. 6 conspiracy theory alleges 'direct evidence' Fox News defamed him
(DBN)

Trump lists ‘number of reasons’ for pardoning violent Jan. 6 rioters Donald Trump says attacks on police officers in January 6 riots were 'minor incidents'
(DBN)

Trump ‘certainly’ open to meeting with some Jan. 6 rioters granted clemency
(DBN)

Accused Jan. 6 rioters who injured cop that later died by suicide still face civil suit
(DBN)

Jan. 6 rioter who chugged wine during the insurrection rejects 'bully' Trump's pardon
(DBN)

Fallout from Trump’s Jan. 6 pardons spreads on Capitol Hill
(DBN)

Ex-wife of Oath Keepers leader freed from jail slams his ‘lack of remorse’
(DBN)

Freed Proud Boys leader Enrique Tarrio vows vengeance after Trump pardon
(DBN)

Trump pardons 23 anti-abortion activists on eve of March for Life rally
(DBN)

Focus group: Trump and Biden pardons go down badly with swing voters
(DBN)

Subpoenaing Cassidy Hutchinson could massively blow up in Republicans' faces: report
(DBN)

Challengers to Trump’s birthright citizenship order spar with DOJ over timing
(DBN)

"Blatantly unconstitutional": Judge blocks Trump's birthright citizenship order What to know about the ruling blocking Trump’s order on birthright citizenship 'Impossible': Fox News analyst agrees after judge smacks down Trump citizenship ban Reagan Judge Tells Donald Trump THAT’S NOT AT ALL HOW THE CONSTITUTION WORKS Some U.S.-born babies could be 'stateless' if birthright citizenship ends, attorneys say
(DBN)

Mexico erects tent city on US border in preparation for mass deportations Inside the Plan to Receive Thousands of Mexicans Deported From the U.S. 'Shockwaves': Expert flags 'extraordinary' piece of DOJ threat to officials who defy Trump Texas Demands $11 Billion Reimbursement for Border Security Plan What is the Laken Riley Act? A look at the first bill Trump will sign Trump administration cancels travel for refugees already cleared to come to America Trump officials closing immigration offices Biden set up in Latin America Trump's Deportation Operation Underway, Hundreds Of Migrants Arrested: White House NJ mayor slams ‘egregious’ ICE raid: ‘Newark will not stand by idly’ ICE Detains US Military Veteran Without Warrant Democratic AGs push back against DOJ's immigration enforcement directive DOJ Stops Federal Legal Aid to Immigrants Clergy Vows to Resist Trump's Church Immigration Crackdown U.S. border agents told to summarily deport migrants without granting asylum hearings under Trump edict
(DBN)

De Blasio: New Yorkers won’t accept ‘mass deportations’
(DBN)

Bob Menendez Loses Bid to Toss Corruption Case Amid Laptop Flap
(DBN)

Colorado DNA analyst appears on forgery charges as validity of more than 500 cases in doubt
(DBN)

Survey Finds Majority Believe A Holocaust-Scale Genocide Of Jews Could Happen Today
(DBN)

Judge to weigh genetic evidence and search warrants in University of Idaho quadruple murder case Bryan Kohberger Attorney Admits She Has No Cases to Back Up Her Argument
(DBN)

12-year-old shot after throwing snowball at car in Connecticut
(DBN)

Killer sang '99 Bottles of Beer on the Wall' while victims' families read impact statement
(DBN)

Houston cops spark outrage by doing donuts in the snow
(DBN)

______________

Judges:

BK NV: The Bankruptcy Bugle Newsletter (January 2025)
(DBN)

Chief Judge Joins Panel Exploring Causes for Public's Eroding Faith in NY Legal System
(DBN)

'Could hurt': Trump said to be in for blowback from Supreme Court with 'overreach'
(DBN)

Ex-National Bar Association president removed from bench for ‘racially charged’ comments about justice system
(DBN)

Supreme Court Asks Appeals Court To Determine If Prosecutorial Slut Shaming And Panty Waiving Makes Murder Trials Unfair
(DBN)

Ballots from Helene-damaged areas are among the 65,000 that Republicans want to throw out in North Carolina
(DBN)

______________

Wall Street:

Stock futures slip, but major averages on track for second positive week in a row
(DBN)

______________

Layoffs:

CNN To Launch New Streaming Service As It Sets Sights On Digital Future; About 200 Jobs To Be Cut In Restructuring
(DBN)

Adidas To Cut 500 Corporate Jobs
(DBN)

3 hospitals, health systems cutting jobs
(DBN)

Main Line Health cuts 200 administrative roles
(DBN)

The list of major companies laying off staff in the new year, including CNN, Meta, Microsoft, and BP
(DBN)

Amazon Layoffs Prompt Canada to Review Government Deals
(DBN)

Good Glamm Group sees silent layoffs amid financial woes
(DBN)

______________

Agribusiness:

How Trump’s Deportation Plans Could Blow Up the Food System and Increase Migrant Labor Agriculture Secretary Nominee Backs Trump Mass Deportation Plan
(DBN)

Trump’s Agriculture Pick Says She’ll Honor All Fuel Sources
(DBN)

Texas ranchers ask Trump to probe 'woke energy utilities' role in wildfires
(DBN)

____________

Healthcare:

Crozer-Chester Medical Center navigating parent company's Chapter 11 bankruptcy filing
(DBN)

Lamont proposes legislation to rein in private equity in health care Lamont targets private equity in health care
(DBN)

Long-term care continues to lead in healthcare bankruptcies
(DBN)

Healthcare bankruptcies dip in 2024, though providers remain under pressure
(DBN)

Indiana bill would remove nonprofit status of hospitals that overcharge patients
(DBN)

Financially troubled Walker ambulance district saved by county agreement
(DBN)

Health system credit downgrades declined in 2024
(DBN)

GOP eyes substantial healthcare cuts
(DBN)

Trump Alarms Scientists by Muzzling US Health Agencies
(DBN)

Ohio health system to pay $2.1M settlement after abrupt hospital closure
(DBN)

A Start-Up Claimed Its Device Could Cure Cancer. Then Patients Began Dying.
(DBN)

WHO Freezes Hiring and Cuts Costs After Trump Signals US Exit
(DBN)

Trump Changes Health Care Enrollment for 24 Million People: Who's Impacted
(DBN)

Trump's early moves could actually increase drug prices for seniors
(DBN)

____________

Climate:

Thousands evacuate Hughes Fire near LA as California faces fresh threats LA is on edge as new fires ignite — with one already rampaging across more than 10,300 acres LA residents keep wary eye on rain that could help or hurt wildfire victims 'Nerve-racking': Inside The Aerial Battle To Tame Los Angeles Fires Trump and Newsom's tangled history over forest fires Newsom plans to crash Trump’s LA wildfire visit Trump pressures California to reroute water to farms, cities
(DBN)

Trump targets California water policy as he prepares to tour LA fire damage
(DBN)

Bloomberg to Fund UN Climate Body After Trump Exits Paris Deal
(DBN)

Business leaders can no longer ignore the ‘north-south’ climate divide, top UN official warns
(DBN)

____________

Autos:

Nikola Explores Sale, Partnerships, and Fundraising to Avoid Bankruptcy Nikola CEO Leaves as EV Maker Prepares to File for Bankruptcy, report
(DBN)

Is there a hidden message for Tesla CEO Elon Musk? One by one, EV makers in the US are going bankrupt, the latest being Canoo
(DBN)

Trump's end to "EV mandate" could weaken automakers against China
(DBN)

Rivian CEO shrugs off Trump's rollback of EV incentives
(DBN)

Volkswagen targets higher EV sales to avoid hefty €1.5 billion EU emission fines
(DBN)

____________

Ports:

The CEO of Texas' only cruise port explains how floating resorts saved it from bankruptcy
(DBN)

____________


Economy:

U.S. credit card defaults soar; total debt hits 12-year high
(DBN)

Weekly Initial Unemployment Claims Increase to 223,000
(DBN)

Trump's Tariff Threats Are 'Leverage,' Says Informal Economic Advisor
(DBN)

Trump Would ‘Rather Not’ Put Tariffs on China, Maintains Threat Trump 2.0 is going well for China so far. But can the honeymoon last? How Elon Musk could torpedo Trump's China plans US lawmakers bring back bill to revoke China’s trade status
(DBN)

Why Trump's tariff threat could raise car prices significantly
(DBN)

Trump could do incredible damage to Mexico and Canada with a single signature
(DBN)

Larry Summers warns bubbling asset prices are hitting levels of froth last seen prior to the financial crisis
(DBN)

Taboo economics no more
(DBN)

Trump Browbeats Davos Elite to Curb Oil Prices, Interest Rates I was in the packed hall at Davos to hear Trump speak. The audience went from laughter to silence in seconds Davos Can’t Stop Worrying About Inflation Genie in New Trump Era
(DBN)

Chinese companies could lose a tried and true method for skirting US tariffs, the head of the Council on Foreign Relations says
(DBN)

Trump says he will "demand" interest rates come down, setting up clash with Fed Trump Says He Knows Interest Rates Better Than Fed Chief Powell
(DBN)

A hurdle for Trump's agenda: Republicans who have never backed laws raising the debt ceiling
(DBN)

Trump: ‘We have to get Democrats’ to approve tax cuts
(DBN)

Trump tells the world to show him the money
(DBN)

What federal workers are saying about Trump's RTO order White House says mostly empty D.C. offices are a 'national embarrassment' in memo about federal RTO mandate
(DBN)

Will Trump's tough stance on remote work drag everyone else back to the office? Don't bet on it.
(DBN)

Where Americans Work
(DBN)

Return-to-office policies are ‘creeping up,’ researcher says. Many workers would rather quit
(DBN)

Federal workers placed on leave by Trump's DEI order are angry and fearful
(DBN)

Trump’s Attack on ‘Illegal’ DEI Disorients Corporate America Companies Parse What Makes a DEI Program Illegal Under Trump Trump's DEI orders may halt progress for disabled workers Can Trump kill DEI? What business leaders need to know according to a top constitutional lawyer Trump signed an order ending DEI. Here’s what it means for Fortune 500 companies Trump doesn't only want to end DEI. He's also voiding a Civil Rights-era anti-discrimination rule. Department of Education rolls back DEI initiatives Americans Divided in Their Views of DEI Initiatives Trump's DEI order raises fears of anti-diversity "witch hunt"
(DBN)

Costco Faces Down Anti-DEI Group as Trump Stokes Backlash Costco shareholders overwhelmingly reject anti-DEI proposal Costco Takes Stand Against Donald Trump
(DBN)

Trump's deportation plans could raise the price of your retirement
(DBN)

Warren sends Musk 30 ideas for DOGE to cut government spending Second high-profile staffer leaves DOGE in Trump's first week DOGE's road to saving $2 trillion starts with an unexpected order
(DBN)

Bipartisan funding negotiations begin in Congress ahead of March shutdown cliff
(DBN)

Trump administration sued over order making it easier to fire federal workers
(DBN)

Gen Z Americans are leaving their European cousins in the dust
(DBN)

Here's what really happens to economic growth after corporations get tax cuts
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

U.S. Mortgage Rates Decline for the First Time in Over a Month: A Welcome Relief for Homebuyers
(DBN)

Realtor.com Reports Active Inventory Up 25.1% YoY
(DBN)

ICE: Mortgage Delinquency Rate Increased 4% Year-over-year in December
(DBN)

Bankruptcy by Armory developer in St. Louis reveals over $400 million of debt Armory developer files for bankruptcy, venue’s future goes in different direction
(DBN)

Billionaire Developer Caruso Slams LA Leadership Over Wildfires
(DBN)

The 10 US cities with the most million-dollar homes — and 1 set to have more of them soon
(DBN)

Texas housing market 'in the crosshairs' as inventory skyrockets Austin's Million-Dollar Home Sales Stall as Other Texas Cities See Increase
(DBN)

Donald Trump's Neighbors May Lose Money on Their House
(DBN)

Top real estate CEO says fire-ravaged LA residents are desperate for a place ‘to live for the week’ amid waves of price gouging
(DBN)

4th Look at Local Housing Markets in December
(DBN)

____________

Municipalities:

Tiny Sacramento Delta city is on brink of financial collapse. Is there time to save it?
(DBN)

____________

Oil/Gas:

Trump Plan to Sell More LNG Fast Faces Obstacles, Exxon Says Can Trump Spark a U.S. Natural Gas Boom While Keeping Prices Low?
(DBN)

Trump’s National Energy Emergency is a farce. This will not lower prices — only boost corporate profits
(DBN)

Wall Street will stymie Donald Trump’s US oil surge plan, shale bosses say
(DBN)

Trump Order Offers a Chance to Revive Keystone XL Pipeline
(DBN)

____________

Politics

Trump’s blizzard of orders gets pushback, questions from GOP lawmakers
(DBN)

Trump Revokes Security From Former Top Aides Despite Iran Threats
(DBN)

Could Trump Serve Three Terms? Scenarios Unfold Amid Rep. Ogles' Push To Change 22nd Amendment
(DBN)

Project 2025 parallels in Trump's executive order avalanche
(DBN)

Donald Trump's Hannity Interview Fact Checked
(DBN)

A few whales and a bunch of new retail traders: What to know about who's buying $Trump coin
(DBN)

RFK Jr. faces mounting bipartisan criticism RFK Jr is telling senate Republicans that he’s actually ‘all for’ vaccines in screeching U-turn Kennedy Would Keep Stake in H.P.V. Vaccine Suit if Confirmed RFK Jr. Profited From Lawsuits Against Agency He’s Poised to Lead RFK Jr. says wife Cheryl Hines will ‘stop sales’ of beauty products if he becomes HHS head
(DBN)

Pete Hegseth Clears Key Senate Vote Despite New Abuse Allegations Hegseth told senator he paid $50,000 to woman who accused him of 2017 sex assault Murkowski Becomes First Republican Senator To Come Out Against Trump Nominee For Defense Secretary
(DBN)

Thune plunges into weekend standoff over Trump confirmations
(DBN)

'Very serious concerns': GOP senator warns major Trump nomination now in 'jeopardy'
(DBN)

Trump CIA Director Pick John Ratcliffe Confirmed by US Senate
(DBN)

Trump Revokes Security Detail for Pompeo and Others, Despite Threats From Iran
(DBN)

Chip Roy and Donald Trump Are on a Collision Course
(DBN)

Collins and Murkowski reemerge as Trump foils
(DBN)

Trump wants nuclear reduction talks with China, Russia
(DBN)

Trump Orders JFK, RFK, MLK Assassination Documents Released
(DBN)

Trump pressed to release Prince Harry’s immigration file — which could prompt deportation if he lied about drug use
(DBN)

Caitlyn Jenner is brutally mocked online for supporting Trump as fans point out detail in inauguration speech Trump's executive orders target trans and nonbinary people
(DBN)

Musk mocks Nazi salute accusations with puns Musk Tweets Barrage of Holocaust Jokes 'The Holocaust is not a joke': Elon Musk finally goes too far for Anti-Defamation League Elon Musk effigy hanged in square where Mussolini's executed corpse was displayed ‘Heil Tesla’ projected on to German car factory Inside the Elon Musk, Vivek Ramaswamy DOGE Divorce Bannon berates Musk over his attacks on Trump’s AI infrastructure project Musk and Tesla remain untouchable after Nazi salute accusations Elon Musk Getting More and More Unpopular, Now Disliked By Majority of Americans
(DBN)

Trump's agenda rests in the hands of a 91-year-old
(DBN)

Lip reader reveals Trump family's secret whispers as they're blindsided by Bishop's sermon Trump World descends on bishop who pleaded for ‘mercy’
(DBN)

‘Gulf of America’ already appears in US docs
(DBN)

Does China Control The Panama Canal, As Trump Claims? What Panamanians have to say about Trump's threats to retake the canal A man, a plan, a canal: Rubio's first trip as secretary of state will take him to Panama
(DBN)

Five Problems on Marco Rubio's Desk
(DBN)

AP says it will use Trump’s name change for Denali but not Gulf of Mexico
(DBN)

FactCheck: "Our nation’s tallest mountain … has been called Denali for thousands of years."
(DBN)

Denmark Aims to Boost Greenland Defense Spending Amid Tensions with Trump
(DBN)

Mississippi lawmaker introduces 'Contraception Begins at Erection Act'
(DBN)

Feud erupts among Senate Dems ahead of surprise meeting
(DBN)

Trump Supporter Who Cheered Firing Of National Security Staffers Pleads For Help After Wife Has VA Job Rescinded Due To Hiring Freeze
(DBN)

Jeffries draws red line on debt-for-aid deal: ‘Nonstarter’ California AG: It would be ‘great mistake’ to put conditions on wildfire aid
(DBN)

____________

Banking:

Trump Tells Bank Of America CEO Banks Are Rejecting MAGA Customers: 'Open Your Banks To Conservatives' Trump just took a shot at Bank of America. Here’s what he’s talking about Bank of America responds publicly to Trump's Davos speech: 'We welcome conservatives'
(DBN)

JPMorgan CEO Jamie Dimon's 2024 pay rises after record profit Jamie Dimon said people should get over tariffs. On $39 million, he can.
(DBN)

____________

Education:

Pennsylvania Public College to Close Campus After Deficits
(DBN)

Utah Republicans take aim at teachers unions amid political clash over education
(DBN)

____________

Coal:

Trump’s Coal Comments to Davos Audience Boost US Miners
(DBN)

____________

Wind Energy:

US Falling Behind On Wind Power, Think Tank Warns
(DBN)

____________

Motorcycles:

KTM Bids Adieu: Brand Declares Bankruptcy, Leaving Behind 300,000 Motorcycles in Storage
(DBN)

MotoGP, KTM's debt rises to 2.2 billion euros. Investors desperately sought
(DBN)

____________

 


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (23 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Healthcare bankruptcies declined in 2024 but large filings remain elevated: Report
(DBN)

______________

Mass Torts:

Purdue, Sackler Family Reach New $7.4 Billion Opioid Accord Sacklers Up Their Offer to Settle Purdue Opioids Cases, With a New Condition Attorney General Tong Announces Purdue Pharma and Sackler Family to Pay $7.4 Billion to Victims, Survivors and States in Settlement in Principle Purdue Pharma and Sackler Family Conclude Historic $7.4 Billion Opioid Settlement Sackler, Purdue Pharma $7 Billion Lawsuit: Who's Entitled to Payment
(DBN)

____________

Bankruptcy Research:

BAPCPA: What About Middle Class Families Facing Economic Catastrophes? (A Study)
(DBN)

____________

Aviation:

Boeing expects $4 billion loss for fourth quarter after chaotic 2024
(DBN)

Airlines flex pricing power, signaling higher fares in 2025
(DBN)

TSA’s facial recognition tech is highly accurate, review says
(DBN)

Spirit Airlines Announces New Dress Code for Passengers Banning 'Revealing' Clothing, 'Offensive' Tattoos
(DBN)

A flight attendant shares the 7 biggest mistakes she sees passengers make when packing carry-on suitcases
(DBN)

____________

Corporate Governance:

Supreme Court Revives Ownership Disclosure Law Meant to Fight Money Laundering Justices allow enforcement of corporate transparency law to go forward
(DBN)

Comparison of Directors’ Duties Across Europe
(DBN)

____________

Tech:

Trump spokesperson pushes back on Musk Stargate criticism: ‘Those investments are coming’ Trump staff ‘furious’ after Musk trashes AI project AI’s $100 Billion Stargate Venture Touted by Trump Will Tap Solar Power Donald Trump says he isn't bothered by Elon Musk's Stargate criticism as the CEO 'hates one of the people in the deal' Elon Musk and Sam Altman's personal feud has become a Trump loyalty test
(DBN)

The U.S. just pledged hundreds of billions to protect its AI leadership. A Chinese startup with a ‘joke of a budget’ may have already undercut those hopes
(DBN)

Trump Calls for US Dominance in AI With New Executive Order Trump Signs Executive Actions Related to Cryptocurrency, AI Trump's Digital Asset EO: No CBDCs, Yes To Blockchain, Crypto Participation 'Without Persecution'
(DBN)

Pope warns of AI dangers
(DBN)

CEOs have a new skill to learn: managing AI employees
(DBN)

Employers Would Rather Hire AI Than Gen Z Graduates: Report
(DBN)

People are hawking used iPhones with TikTok pre-installed at astronomical prices on eBay and Facebook Marketplace Inside TikTok's weekend of whiplash Race is on to find a buyer to save TikTok Congress finds Trump's TikTok sale scheme confusing, possibly illegal
(DBN)

Trump administration to evaluate potential for 'national digital asset stockpile'
(DBN)

____________

Retailing:

Store closures hit highest level since pandemic
(DBN)

Pressure from Shein, Temu accelerate retail closures
(DBN)

Some Walmart managers can now make more than $600,000
(DBN)

____________

Crypto:

THORChain Under Fire as Bitcoin, Ether Withdrawals Suspended—Faces Insolvency Accusations RUNE Price Craters 30% Amid THORChain Insolvency Speculation
(DBN)

WazirX Restructuring Plan Approved by Singapore Court
(DBN)

____________

Media:

CNN boss warns network could ‘no longer exist’ as it lays off 200 staff
(DBN)

Washington Post Editor Slams Paper for Op-Ed ‘Essentially Equating’ Biden, Trump

s: ‘Utterly Lost Its Soul’
(DBN)

Norah O'Donnell signs off, Hoda Kotb's out: 'God-like days' are over for big name anchors
(DBN)

____________

Trucking:

California trucking company, affiliate file for Chapter 11 bankruptcy
(DBN)

Yellow agrees to sell these truck terminals in bankruptcy case
(DBN)

____________

Food/Beverage:

Starbucks is training staff on how to de-escalate conflict with people who aren't buying anything as it rolls back its open-door policy Starbucks worker says baristas have a ‘panic button’ behind the counter, but it won’t be enough to quell angry customers after open-door policy reversal
(DBN)

Trump Taps Former Junk Food Lobbyist For Top USDA Position As He Vows To 'Make America Healthy Again'
(DBN)

NY has 670K residents who are illegal migrants — including 42,300 undocumented restaurant workers
(DBN)

____________

Sovereigns:

Traders Asking ‘Why Not?’ Rush Into Venezuela and Lebanon Bonds
(DBN)

Ukraine’s Debt: an Instrument of Pressure and Spoliation in the Hands of Creditors
(DBN)

____________

UK:

What happens if Thames Water goes bankrupt?
(DBN)

Risk of personal liability for directors who re-use a company name: The UK Court provides clarity on one of the exceptions.
(DBN)

'Unprecedented' leap in business distress as consumer confidence tumbles Record numbers of businesses in financial distress
(DBN)

Firms finding it ‘almost impossible’ to survive after Labour tax hikes
(DBN)

Spencer West Secures landmark judgment in high-profile international bankruptcy case
(DBN)

Saudi Prince Escapes $1.2B Bankruptcy Petition in UK
(DBN)

Bucks Council could declare ‘effective bankruptcy,' director warns
(DBN)

London council on the brink of bankruptcy to house homeless in empty office blocks
(DBN)

Reeves to Relax UK Non-Dom Rules Amid Millionaires Leaving
(DBN)

____________

EU:

EU's Top Diplomat Backs Trump Call To Boost Defense Spending
(DBN)

Switzerland's Finance Chief Sounds Alarm Over Europe's Economic Troubles
(DBN)

Europe’s Cautious Rebound Overshadowed by Trump Tariffs - WSJ
(DBN)

____________

Canada:

Heinz Maker Slams Trudeau For Floating Ketchup as Trade Target
(DBN)

____________

Russia:

Kremlin Says Trump's Sanctions Threat Is Nothing New: 'We Don't See Any New Elements Here'
(DBN)

Russian Coal Miners Face Bankruptcy
(DBN)

Trump says he wants to meet Putin soon to discuss a Ukraine peace deal
(DBN)

Trump suggests Ukraine should not have fought back against Russia
(DBN)

Donald Trump Attacks Zelensky: 'He's No Angel'
(DBN)

Zelensky's videos breach Geneva Conventions—Human Rights Watch
(DBN)

Russian Oil Ships Hunt for New Flags to Hide From Sanctions
(DBN)

Trump's Ultimatum For Putin To End Ukraine War Comes With Massive Tariff Warning
(DBN)

Kyiv investigates another case of Russian soldiers executing Ukraine POWs
(DBN)

With Support Dwindling and Trump in Power, Zelensky Could Face Tough Re-election
(DBN)

Orban Demands Ukraine Gas Deal for Russia Sanctions Renewal
(DBN)

Trump Looks to China to Help Press Putin Into a Deal to End War
(DBN)

Never Mind: Trump Claimed He’d End the Ukraine War ‘In 24 Hours’ – Now He Says ‘Ask Russia’
(DBN)

North Korea prepares to send more troops to Russia after suffering casualties, South Korea says
(DBN)

____________

MENA:

Hamas is making big comeback in Gaza during ceasefire, expert warns
(DBN)

How the Israel-Hamas ceasefire deal will unfold — and why it is so precarious Why Netanyahu’s political future is as fragile as the ceasefire
(DBN)

Syria's Economy Reborn After Being Freed From Assad Syria’s economic pains far from over despite Assad’s ouster
(DBN)

ICC Prosecutor Seeks Arrest Of Taliban Leaders Over Persecution Of Women Afghan women’s group hails court’s move to arrest Taliban leaders for persecution of women
(DBN)

Freedom is bittersweet for Palestinians released from Israeli jails
(DBN)

US security contractor will take charge of key checkpoint in Gaza as Israeli forces withdraw
(DBN)

Israel seeks to remain in Lebanon past Sunday withdrawal deadline
(DBN)

____________

France:

France Plans Bold Measures to Extract $2 Billion from Wealthy in 2025 Budget
(DBN)

____________

Mexico:

Trump's Tariffs Threaten to Sink Mexico's $20 Billion Refinery Project
(DBN)

____________

Belgium:

Lunch Garden to relaunch 41 restaurants after bankruptcy
(DBN)

____________

France:

France Calls for ‘Massive’ Regulatory Pause as Economy Flags
(DBN)

____________

China:

China sees closure of nearly 3 Million food service establishments
(DBN)

____________

Bahamas:

BML Properties seeks examiner appointment in CCA bankruptcy case
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $75.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2025