January 28, 2025

The Daily Bankruptcy News

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Law:

Prisoner’s Dilemma: Why Running A Law Firm Requires A Unique Mindset
(DBN)

How Will Biglaw Firms Handle Their DEI Efforts Without Incurring Trump’s Wrath?
(DBN)

Department Of Justice Makes The Most Embarrassing Typo
(DBN)

The Attacks On Tenure Could Change How Law Professors Run Their Classrooms
(DBN)

Why the billable hour is still king in the legal world
(DBN)

Accent stereotypes can influence judgments about guilt, study finds
(DBN)

LexisNexis launches new AI program for law firms LexisNexis Ushers In New Era For Legal AI
(DBN)

Access to Justice 2.0: How AI-powered software can bridge the gap
(DBN)

Driven: Using Technology To Build A Solo Personal Injury Practice
(DBN)

I Walk The Line: Legal Ethics & The Impact Of Technology On Lawyer Burnout
(DBN)

Democrats unveiling resolution condemning Trump pardons of violent Jan. 6 rioters
(DBN)

Judge Lifts Travel Curbs on Jan. 6 Convicts After DOJ Protest
(DBN)

Trump Justice Department fires officials who investigated Trump and launches ‘special project’ into January 6 cases
(DBN)

Doug Emhoff returns to career as private attorney
(DBN)

ICE arrests 956 in 1 day as Trump admin immigration crackdown ramps up Here are the cities where ICE raids are taking place Federal agents in immigration operations told to be camera-ready as hundreds arrested Hegseth Vows Pentagon Is All-In on Trump’s Mass Deportation Push Miami man claims wife was detained in one of several Florida ICE raids: "They snatched her" ICE agents search for those with criminal histories but say 'collateral arrests' are possible 'Dr. Phil' embedded with immigration authorities during ICE action in Chicago Christians, Evangelicals Take Stand Against Trump Over Refugees Pregnant women sue Trump for 'unconstitutionally' seeking to strip children of citizenship Everything To Know About Trump’s ‘Mass Deportation’ Plans: Quaker Groups Sue To Block Arrests In Churches Undocumented immigrants targeted across Texas as crackdown begins Johnson: ‘Colombia and all nations should be on notice’ Colombia to send presidential plane to Honduras to pick up migrants from US flights Trump's Victory Over Colombia Now Looks Less Clear Cut Homan defends immigration raids at middle, elementary schools Why Trump won't be deporting "millions" of criminals Hundreds of US visa appointments canceled in Colombia following spat over deportation flights Behind the Colombia Blowup: Mapping Trump’s Rapid-Escalation Tactics Trump got what he wanted with Colombia. But his tactics could come back to bite him. Factory car park is empty and Home Depot store is eerily quiet amid social media claims illegal immigrants are staying away amid Donald Trump's crackdown US Border Patrol Agents Exchange Gunfire With Mexico Drug Cartel: Reports US Border Patrol and Mexican cartel members trade gunfire at southern border: report
(DBN)

Donald Trump Now Floats Deporting American Criminals Trump floats foreign imprisonment of U.S. criminals who are 'repeat offenders'
(DBN)

Ex-White House Ethics Lawyer Accuses Donald Trump Of ‘Nakedly Illegal Action’
(DBN)

Man pardoned by Donald Trump for Jan. 6 now wanted on state child solicitation charge
(DBN)

Jan. 6 rioter who fled to Canada after skipping prison gets fleeing justice charge erased
(DBN)

New D.C. prosecutor to review use of federal charge against Jan. 6 defendants
(DBN)

Indiana man fatally shot by sheriff's deputy identified as Jan. 6 defendant
(DBN)

Another convicted January 6 US Capitol attacker rejects Trump’s pardon
(DBN)

Donald Trump's Ex-Attorney Joins Sean 'Diddy' Combs Lawsuit
(DBN)

MAGA Lawyer Loses Case Against J6 Committee For Tortious Making Me Look Bad
(DBN)

Top Career Official at Justice Dept. Is Reassigned
(DBN)

Trump's DOJ already feels like ‘a wholesale politically inspired demolition’
(DBN)

More Than a Dozen of Jack Smith's Officials Fired by DOJ Trump’s DOJ firings are designed to deter future investigations, former officials say
(DBN)

Devin Nunes again loses defamation suit over alleged undocumented workers at family farm
(DBN)

Trump compares Jan. 6 speech to Eminem rapping about 'drowning his wife' in court filing
(DBN)

Pulitzer board asks court to pause Trump’s lawsuit against them
(DBN)

Chief Corruption Prosecutor Resigns From Justice Dept.
(DBN)

One of 2025’s Biggest Battles Over Abortion Rights Has Already Begun
(DBN)

British husband detained in Thailand over 2 decades after wife's mysterious death
(DBN)

2 decades after Utah man found stabbed to death in his home, DNA leads to an arrest
(DBN)

Woman Decided to Sue Taylor Swift After Watching Eras Tour
(DBN)

Inmate Sues the Trump Administration Over Transgender Executive Order
(DBN)

NYS trooper turns himself in to cops over charges he falsely reported LI traffic-stop shooting Trooper Who Said He Was Attacked Actually Shot Himself, Prosecutors Say
(DBN)

Gang Targets Ted Lasso Homes
(DBN)

'Traumatized': Video shows 4-year-old put in garbage can by day care worker, father says
(DBN)

Principal and teacher throw booze-filled 'white lie party' for more than 100 teens: Cops
(DBN)

'More men are identified as having talent': Apple must face massive discrimination lawsuit
(DBN)

Man who used baby to brush off snowy car in viral TikTok likely to be arrested: Police
(DBN)

Mom in custody dispute with fathers of her children decides to shoot both of them: Cops
(DBN)

Cop tried to bring 60 MDMA pills wrapped in Skittles packages onto cruise ship, police say
(DBN)

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Judges:

Should defendants without court-appointed lawyers be released? Should charges be dropped? Judge weighs remedies
(DBN)

BK SC: Term Law Clerk Vacancy
(DBN)

Justice Thomas seemingly annoyed over due process ruling in SCOTUS dissent
(DBN)

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Wall Street:

S&P 500 futures are slightly higher after Monday’s sharp sell-off
(DBN)

 US stocks plunge over China’s AI threat Tech stocks in massive $1 trillion freefall over Chinese AI startup Dow Industrials’ Resilience in Rout Shows Promise of Cheap AI
(DBN)

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Layoffs:

Ubisoft lays off 185
(DBN)

Layoffs hit FanDuel Sports Network
(DBN)

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Food/Beverage:

Tijuana Flats has emerged from Chapter 11 bankruptcy
(DBN)

Sun Holdings acquires casual-dining Uncle Julio’s out of bankruptcy
(DBN)

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Healthcare:

The scramble to keep Crozer’s health-care services amid Prospect bankruptcy
(DBN)

Trump’s federal hiring freeze sparks concerns about veterans’ care
(DBN)

CDC ordered to stop working with WHO immediately, upending expectations of an extended withdrawal
(DBN)

Trump's early actions on health agencies roil medical researchers
(DBN)

RFK Jr.’s HHS nomination tests anti-abortion movement’s allegiance to Trump
(DBN)

Anti-vaccine bills pop up across the US ahead of RFK Jr’s confirmation hearing RFK Jr. Is an Excellent Conspiracy Theorist RFK Jr. says he’s not anti-vaccine. But he could profit off claim in vaccine lawsuit Robert Kennedy allies fear he could lose US Senate confirmation vote ‘He’ll go down’: RFK Jr. nomination won’t pass Senate, O’Reilly says
(DBN)

Battling Ransomware: How Healthcare Organizations Can Strengthen Cybersecurity To Protect Patient Data
(DBN)

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Education:

Florida Scours College Textbooks, Looking for Antisemitism
(DBN)

Florida educators, students speak out against curriculum changes
(DBN)

Public schools try to protect undocumented students from immigration raids
(DBN)

Undergraduate certificate programs soar in popularity amid changes to labor market
(DBN)

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Comic Books:

Diamond is... Inevitable When Chuck Rozanski Met With The Department Of Justice About Diamond
(DBN)

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History:

Survivors relive Auschwitz horror as world marks 80th anniversary of liberation
(DBN)

Number of Adult Holocaust Survivors Dwindles Half of American Adults Cannot Name a Concentration Camp How Widespread Is Holocaust Denialism?
(DBN)

Musk’s comments that Germany should ‘move beyond’ Nazi guilt are dangerous, says Holocaust memorial chair
(DBN)

Newly discovered Holocaust photos of Nazi deportations show Jewish victims as they were last seen alive
(DBN)

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Autos:

Nikola Corp. Exploring Business Partnerships and Capital Options Amid Speculations of Financial Strain Nikola Loses Another Two Executives Amid Bankruptcy Risk
(DBN)

Car Insurance Soars for Millions Across 5 States
(DBN)

Tesla and BMW Take EU to Court Over Tariffs on Chinese EVs
(DBN)

Honda-Nissan Faces Big Problems in China
(DBN)

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Economy:

Trump Renews Universal Tariff Threat to ‘Protect Our Country’
(DBN)

Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
(DBN)

Trump says inflation isn’t his No. 1 issue. So what will happen to consumer prices?
(DBN)

Expect record-high egg prices for most of the year
(DBN)

Americans Slash Expectations of Federal Benefits After Trump Win
(DBN)

Higher-income American consumers are showing signs of stress
(DBN)

The Fed's big Trump question
(DBN)

Senate Confirms Scott Bessent as Treasury Secretary
(DBN)

Trump threatens country after country with U.S. economic weapons
(DBN)

Trump tariffs could raise prices on technology like laptops, smartphones and AI
(DBN)

Krugman: The Deportation Nightmare Begins
(DBN)

‘That Would Give Trump Pause’: How to Game Out the Next Trade War
(DBN)

This is the No. 1 company to work for in the U.S.—it’s been a top employer for 17 years
(DBN)

Arabica Coffee Prices Hit New High on U.S., Colombia Tariff Spat
(DBN)

Remote Woking: A new 'hybrid hierarchy' could mean star workers don't have to come into the office
(DBN)

Trump Administration Demands Return-to-Office Plans for Federal Workers in Two Weeks Trump's In-Office Mandate: 'Act First and Figure It Out Later'
(DBN)

Federal Workers' Jobs in Trump Crosshairs
(DBN)

2025 will likely be another brutal year of failed startups, data suggests
(DBN)

Canada’s Freeland Calls for Summit of Nations Targeted By Trump
(DBN)

U.S. national debt burden tops $106,000 per person
(DBN)

Democrats' playbook for Trump 2.0: Tune out the noise and focus on economic issues
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

US Housing Market 'Underperforming' As Third of Homes Take Price Cut
(DBN)

New Home Sales Increase to 698,000 Annual Rate in December
(DBN)

Housing Jan 27th Weekly Update: Inventory Up 0.7% Week-over-week, Up 26.5% Year-over-year
(DBN)

Why the home insurance model is broken
(DBN)

‘This is the home we have left’: Fire victims face deadline to leave L.A. County RV park Palisades fire victims vent frustration as town hall on debris removal becomes a free-for-all
(DBN)

Texas HOA Charged With Discrimination for Banning Section 8 Renters
(DBN)

Landlord ticked about temperature in home murders tenant, then adjusts thermostat: Cops
(DBN)

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Oil/Gas:

Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
(DBN)

Oil Slides as Traders See Trump Choosing Tariffs Over Sanctions
(DBN)

ExxonMobil's lobbyists allegedly got hackers to target climate activists
(DBN)

Norway is set to become the first country to fully transition to electric vehicles
(DBN)

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Utilities:

Power stocks plunge as energy needs called into question because of new China AI lab
(DBN)

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Politics:

GOP lawmakers grumble over Trump’s billionaire kitchen Cabinet
(DBN)

Trump’s agenda is about to hit a make-or-break moment
(DBN)

GOP lawmakers grapple with fallout from Trump executive actions
(DBN)

Donald Trump Says He's Sent Military Into California: 'Turned on the Water' Trump said the military 'turned on the water' in California. Not quite.
(DBN)

In Exacting Retribution, Trump Aims at the Future as Well as the Past
(DBN)

Trump Asserts Federal Government Power Over California Water
(DBN)

Pardon Me
(DBN)

Trump's bureaucracy goes to war
(DBN)

Trump’s move to freeze Biden-approved funding draws howls from Democrats
(DBN)

Trump details his costly congressional wishlist
(DBN)

Christie: Trump Wants to be a Dictator
(DBN)

‘It will kill people’: Chaos, confusion after Trump halts US foreign aid
(DBN)

Trump Orders U.S. to Stop Distribution of Life-Saving HIV Drugs
(DBN)

White House orders freeze on federal aid to focus on Trump's conservative agenda Trump administration directs widespread pause of federal loans and grants
(DBN)

Trump tells federal employees, ‘You’re fired!’ But wait — not so fast.
(DBN)

Gabbard’s path through Intelligence Committee narrows ahead of key hearing
(DBN)

Senate tees up more confirmations while House GOP holds retreat to talk Trump agenda
(DBN)

Senate Republicans cast a wary eye on nominee for labor secretary
(DBN)

Hegseth vows more Trump actions on military Trump to ink new executive orders today banning transgender service members, military DEI programs
(DBN)

Pennsylvania elected official resigns after she made a gesture similar to Elon Musk's controversial gesture
(DBN)

Polls show views souring on Elon Musk as Trump’s wingman Poles should boycott Tesla, says minister The Trump-Musk bromance is breaking up and could break America
(DBN)

Trump to reinstate military members dismissed over COVID shot refusal
(DBN)

Graham: Senate needs to investigate Trump decision to pull Bolton’s security
(DBN)

Republican senator jabs Trump on Greenland: It’s an ally, not an asset EU should send troops to Trump-target Greenland, says military chief EU and NATO take vow of silence on Greenland Denmark and Other Nations Under Pressure Seek Lobbyists With Trump Ties
(DBN)

US Google Maps Users to See 'Gulf of America' Instead of 'Gulf of Mexico'
(DBN)

Maher, Gaetz tangle over election integrity: ‘Don’t give me bulls---!’
(DBN)

Minnesota Supreme Court sides with Democrats in state House dispute
(DBN)

Florida Legislature defies DeSantis on illegal immigration as Republican foes assert power DeSantis, fellow Republicans in standoff over Trump agenda: ‘Mommy and daddy are fighting’
(DBN)

Why Has Trump Paused Federal Grants and Who Could Be Impacted?
(DBN)

Grassley: Democrats Will Rebound Quickly
(DBN)

____________

Hotels:

Occupancy Rate Increased 6.7% Year-over-year
(DBN)

CCA says Izmirlian trying to 'frustrate' chapter 11 process Fighting $1.6B Baha Mar Decision, China Construction Files for Bankruptcy
(DBN)

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Transit:

New Yorkers fume over revelation MTA lost $5.1B on unpaid tolls, violations as honest drivers slapped with congestion pricing
(DBN)

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Agribusiness:

Report says Pure Prairie Poultry bankruptcy crisis cost the State of Iowa over $2 million
(DBN)

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Celebs:

Bankrupt Katie Price reveals plans to make £500 million in the next three years
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

 

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Mass Torts:

J&J Talc Deal Should Be Rejected in Bankruptcy, Holdouts Say
(DBN)

US health agencies sound warning on J&J talc bankruptcy
(DBN)

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Aviation:

South Korea's Jeju Air plane crash probe finds duck DNA in both engines of jet that burst into flames in Seoul
(DBN)

Brazil government supports Gol-Azul merger to strengthen airline sector
(DBN)

Harju County Court declares Nordica bankrupt
(DBN)

____________

Rail:

East Palestine reaches settlement with Norfolk Southern over 2023 derailment East Palestine resident: Town ‘fractured’ years after derailment
(DBN)

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Consultants:

Starting salaries for consultants remained flat for second straight year, report says
(DBN)

____________

Retailing:

Phantom Bonuses, Staff Exodus: Inside the Troubled House of Tiffany
(DBN)

Bankrupt Party City announces sale of IP, wholesale assets
(DBN)

Costco Under Fire in 19 States for Taking Stand Against Trump
(DBN)

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Ride Hailing:

NYC retracts rule requiring solvent insurance for taxi, rideshare drivers
(DBN)

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Batteries:

New York-Based Battery Maker IM3NY Out of Cash, Files Bankruptcy
(DBN)

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Cannabis:

True North and associated companies file for creditor protection
(DBN)

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Utilities:

Video of sparks points to Eaton Fire’s origins, lawsuit says
(DBN)

DeepSeek’s AI Model Just Upended the White-Hot US Power Market
(DBN)

____________

Climate:

Climate change is disrupting food systems across Latin America, UN report says
(DBN)

Rain Douses Wildfires in Southern California
(DBN)

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Tech:

Global AI rout: The anatomy of a bubble bursting US Blows AI Lead as China 'Sputnik Moment' Shocks Industry DeepSeek's 'Sputnik moment' sparks rout in AI-linked stocks Magnificent 7 stocks set for $1 trillion rout on DeepSeek panic Trump says DeepSeek AI 'should be a wake-up call' for American tech companies Nvidia plummets 13% to lead global tech sell-off as China’s DeepSeek raises questions about AI chip spending Meta is reportedly scrambling ‘war rooms’ of engineers to figure out how DeepSeek’s AI is beating everyone else at a fraction of the price How U.S. efforts to restrict China from Nvidia’s fastest chips may have backfired U.S. lawmakers in ‘uncharted waters’ as DeepSeek tests limits of American trade restrictions World’s richest people suffer $108 billion loss on DeepSeek fuelled tech selloff Triple-Levered Nvidia Traders Are Gutpunched by 52% One-Day Loss Nvidia’s $560 Billion DeepSeek Rout Is Largest in Market History The Nvidia stock rout sent CEO Jensen Huang's net worth plummeting $18 billion DeepSeek changes rules of AI’s great game Chinese Cheer DeepSeek as Tech Victory in Face of US Curbs China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know Trump's Favored Tech Titans See Billions Wiped Out in AI Market Sell-Off What is DeepSeek, and why is it causing Nvidia and other stocks to slump? DeepSeek hit by cyberattack, limits new registrations DeepSeek is the hottest new AI chatbot—but it comes with Chinese censorship built in Wall Street’s AI ‘bubble’ echoes dotcom excesses, Ray Dalio warns Nvidia Calls DeepSeek ‘Excellent’ AI Advance, Dismisses Concerns Sam Altman Speaks Out on China's DeepSeek AI Meet the hedge fund manager who founded DeepSeek, the Chinese AI startup that began as a hobby and is now laying waste to U.S. stocks Donald Trump Reacts to DeepSeek's AI Market Sell-Off
(DBN)

Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
(DBN)

Trump Says Microsoft Interested in Buying TikTok: What We Know
(DBN)

How agentic AI services are revolutionizing contract management and compliance
(DBN)

Elon Musk's Platform Labels His Argument 'Objectively False'
(DBN)

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UK:

New UK Regulations Enhance Insolvency Practitioners’ Access to Data held by Companies House
(DBN)

Failed fintech start-up will leave creditors £100m out of pocket
(DBN)

Company liquidations rise in Hampshire and the South East
(DBN)

Rosenblatt owner on verge of collapse as rescue talks fail
(DBN)

UK firms see biggest hit to output since Covid
(DBN)

Gen Z ‘ready to embrace dictatorship in Britain after losing trust in democracy’
(DBN)

Unlikely Nottingham City Council will get any money back from failed Castle operator Full list of 8 UK areas facing council tax rise up to five times the legal limit
(DBN)

Here’s the full list of WH Smith stores that are closing for good in 2025
(DBN)

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EU:

Elon Musk Is Giving Europeans a Headache Bill Gates Rips Elon Musk For ‘Populist Stirring’ In Europe
(DBN)

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Canada:

Farm goods retailer Peavey Mart closing all stores and seeking creditor protection Peavey Mart confirms closure of all of its stores across Canada
(DBN)

‘We are facing insolvency.’ Canada Post CEO tells hearing financial situation is ‘not sustainable’
(DBN)

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China:

Another Chinese Builder Is Facing a Cash Crisis
(DBN)

Logan restructuring plan gets creditors' nod
(DBN)

China hits back at CIA over Covid lab leak accusation China says it's "extremely unlikely" COVID pandemic came from lab leak, as CIA now indicates
(DBN)

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Russia:

Russian researchers warn of bankruptcy wave Russia Faces Surge in Corporate Bankruptcy, Experts Warn
(DBN)

Europe is cautiously optimistic about Trump’s Ukraine comments
(DBN)

Ukraine is pinning hopes on Putin exasperating Trump
(DBN)

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MENA:

Israel says Hamas list shows 8 of the 26 hostages still to be freed in first phase of Gaza ceasefire are dead
(DBN)

Gaza’s ceasefire reveals a health nightmare Hundreds of thousands of Palestinians stream back to shattered northern Gaza in ceasefire’s Week 2 as the cease-fire takes effect, Gaza is full of grief and defiance 200,000 Palestinians trek home to northern Gaza 'A long, long road ahead': Gaza rebuilds from zero
(DBN)

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Germany:

German Holocaust remembrance under fire from German far right
(DBN)

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Italy:

How the Mafia is weaponizing wildfires
(DBN)

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Ireland:

Seán Dunne’s escape from bankruptcy foiled by ‘incredible’ attitude
(DBN)

____________

Austria:

Despite bankruptcy: what Benko spends on luxury living
(DBN)

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