July 15, 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

3-Column Formating

 

Law:

Biggest Biglaw Partner Raid Of The Year
(DBN)

I’m leading the largest global law firm as AI transforms the legal profession. Lawyers must double down on this one skill
(DBN)

Thinking Differently About AI: Lawyers Need To Stop Using AI Like A Glorified Admin
(DBN)

Ex-Girardi Keese CFO Sentenced to 65 Months in Prison After Plea
(DBN)

You Have To Read This Epic Tale Of Biglaw Revenge
(DBN)

Kirkland Asks Associates Suspicious Question That Has Folks Wondering
(DBN)

Baltimore’s Marilyn Mosby can keep Florida vacation home, court rules
(DBN)

Mississippi Law Firm Sues Cyber Insurer Over Coverage for Scam
(DBN)

Planning to attend law school? New student loan restrictions may affect the decision
(DBN)

This Biglaw Firm’s Chair Is Trying To Steer Clear Of Trump’s Wrath
(DBN)

Lawyer Cites AI Hallucinations, Responds With Pretentious Meditation On Nature Of Being
(DBN)

Immigrants in overcapacity ICE detention say they're hungry, raise food quality concerns ICE declares millions of undocumented immigrants ineligible for bond hearings Child with Leukemia Arrested America Is Now a Police State Heavily armed shock troops behind raids on illegal migrants will soon outnumber the FBI Florida lawmakers allowed into ‘Alligator Alcatraz’ say detainees packed into cages Alligator Alcatraz detainees revealed in full list Hundreds at Alligator Alcatraz have no criminal charges Support for immigration reaches historic high in US despite Trump crusade Trump’s immigration policies get strong backing in new poll Mom of Two US Citizens Faces Deportation After Reporting Assault to Police ICE may deport migrants to countries other than their own with just six hours notice, memo says
(DBN)

Jeffrey Epstein's accomplice Ghislaine Maxwell is ready to reveal 'truth' of the pedophile client list, say insiders. So, why are Republicans blocking her? DOJ rejects Ghislaine Maxwell 'incorrect' SCOTUS appeal after 'Epstein files' controversy Donald Trump's Epstein problem not going away: "Massive unforced error" Lara Trump Totally Counters Trump Admin Message On Epstein, Vows There Will Be ‘More Transparency’ On DOJ Files Bongino still in limbo over Epstein files House Democrats try to force release of Epstein files Trump faces a MAGA rebellion over Epstein outcry MAGA Isn’t Done With Epstein Even If Trump Is Tucker Carlson Blasts Pam Bondi For ‘A Bunch Of Ludicrous Claims’ About Epstein Files—As Backlash Mounts Petition Demanding Pam Bondi Resign Receives Thousands of Signatures Loomer calls for special counsel to investigate Epstein files 3 ways Trump might try to defuse the Epstein mess List of Trump Allies Who Called for Release of Epstein Files
(DBN)

More than 20 states sue Trump administration over frozen after-school and summer program funding
(DBN)

Pam Bondi Fires Top DOJ Ethics Adviser DOJ's Ex-Ethics Lawyer Speaks Out After Being Fired by Pam Bondi AG Pam Bondi abruptly fires top DOJ ethics lawyer — and he had a lot to say
(DBN)

New York official again rebuffs Texas judgment against doctor over abortion pills
(DBN)

Menendez brothers score crucial legal victory as they await potential freedom
(DBN)

One year after Chevron’s demise, gun regulation is unraveling
(DBN)

Mom left baby in dumpster, saying she had 'no desire' for more kids: Police
(DBN)

Fugitive drug lord dubbed "Chubby Jos" has $112 million seized by court
(DBN)

'Terrified an entire community': Man who shot 6 cops during standoff receives fate
(DBN)

Paramedic charged with manslaughter for sedating and restraining handcuffed man who died
(DBN)

______________

Judges:

Supreme Court Lets Trump Continue Education Department Layoffs
(DBN)

Sotomayor torches SCOTUS for 'indefensible' ruling on Trump gutting Education Department
(DBN)

Kavanaugh’s ‘Shadow Docket’ Stance Paints a Dangerous Picture
(DBN)

Republican-led US Senate confirms Trump's first second-term judicial nominee
(DBN)

US appeals court temporarily upholds protected status for Afghans
(DBN)

Judge demands answers after ICE deports migrant 2 days after it was ordered not to do so
(DBN)

In Rare Move, Judges Reject a Trump Pick for U.S. Attorney New York Trial Court Won’t Appoint Trump Pick as US Attorney
(DBN)

More immigration judges are being fired amid Trump's efforts to speed up deportations
(DBN)

Noem bashes judge as Trump DOJ appeals order blocking ICE from conducting 'roving' raids
(DBN)

DOGE Head Must Testify in Fight Over Records Access, Court Rules
(DBN)

______________

Wall Street:

Stock futures tick higher, led by Nvidia, ahead of U.S. inflation data
(DBN)

S&P 500 posts slim gain Monday as traders hope for lower tariffs before Aug. 1 deadline
(DBN)

______________

Layoffs:

White House preps for legal fight over firings — despite court victory
(DBN)

Tracking Trump’s overhaul of the federal workforce
(DBN)

Senate Democrat: Putin ‘going to be celebrating’ State Department layoffs
(DBN)

Indeed, Glassdoor to lay off 1,300 workers as AI shakes up job searches
(DBN)

Intel quietly quadruples number of layoffs
(DBN)

______________

Media:

Public Broadcasters Brace for Vote on Sharp Funding Cut This Week Trump's proposed public broadcasting cuts build on decades of GOP threats
(DBN)

Dr. Phil Returns: Launches Envoy Media Co. in Comeback Bid Dr. Phil Returns: Launches Envoy Media Co. in Comeback Bid Dr. Phil’s Anti-Woke News Channel Went Bankrupt. His Next Platform Is Even More Doomed
(DBN)

____________

Assisted Living:

Nine killed in fire at Massachusetts assisted living facility
(DBN)

____________

Tech:

AI won't kill your job — it'll just completely change how you do it, Jensen Huang says
(DBN)

Another Chinese AI model is turning heads
(DBN)

What Two Judicial Rulings Mean for the Future of Generative AI
(DBN)

The AI Mirage
(DBN)

Zuckerberg Says Meta Will Build Gigawatt-Size Data Centers
(DBN)

The Pentagon's about to start using xAI's Grok — and other federal agencies could be next
(DBN)

Kids are turning to AI for friendship: 'I don't have anyone else to talk to'
(DBN)

AI ‘Nudify’ Websites Are Raking in Millions of Dollars
(DBN)

Hacked Elmo X account shocks users with 'Kill all Jews' and 'RELEASE THE FILES' posts
(DBN)

San Francisco rolls out Microsoft’s Copilot AI for 30,000 city workers
(DBN)

____________

Retailing:

Fashion chain Claire's shops around for buyer of UK arm
(DBN)

Store closures on track to far exceed 2024 levels
(DBN)

Yabba Dabbas vape store closing all Quad Cities locations
(DBN)

____________

Climate:

Lessons from Texas: We aren’t ready for today’s extreme weather
(DBN)

New UK weather records being set 'very frequently': report
(DBN)

Wildfire destroys a historic Grand Canyon lodge after being allowed to burn for days
(DBN)

China, the energy transition superpower
(DBN)

Catastrophe bond sales hit record as insurers offload climate risks
(DBN)

How magical thinking came for net zero critics
(DBN)


____________

Celebs:

Fans Demand Refund as Kanye’s Live Comeback Falters
(DBN)

____________

Comic Books:

Diamond Comics Was Already Looking For A New Owner Back In 2023
(DBN)

____________

Economy:

US manufacturers are stuck in a rut despite subsidies from Biden and protection from Trump
(DBN)

The threat to fire Powell is getting real Under fire by Trump over costs, Chair Powell seeks watchdog review of Fed building overhaul What Powell needs to do now to fend off Trump and keep the Fed independent
(DBN)

Plunging Dollar Leaves American Travelers With Less Buying Power This Summer
(DBN)

Gold prices scale three-week peak as Trump widens trade war
(DBN)

US Inflation Expected to Accelerate in June Due to Tariffs Trump ‘TACO’ Tracker: Here Are The President’s 28 Tariff Flip-Flops 'TACO' Trading Greets Trump's Tariff Threats CFOs already feel tariffs biting into margins, sales: KPMG Markets are preparing for an international game of tariff bluff—but President Trump may no longer need to back down U.S. imports from China fell in June from last year, despite rush of orders Trade Chief Issues Trump Tariff Warning: 'Almost Impossible' EU warns that its trade with the US could be effectively wiped out if Trump follows through on his threat EU Targets Boeing, US Cars and Bourbon With €72 Billion List Trump Says He’s Open to Tariff Talks With EU After Threatening 30% Levy Germany Seeks Trump Tariff Agreement Extension as Deadline Looms US Moves to Impose 17% Tariff on Mexican Tomato Imports Trump’s Tariffs Push Economies to Broaden Trade Ties Thailand Mulls Zero Duty for More US Goods to Win Tariff Deal Port of Los Angeles sees record container traffic as shippers race to beat Trump’s tariff deadlines PIMCO's Cantrill on Possible Impacts of Trump's Tariffs
(DBN)

Tariffs shake up global spice market
(DBN)

US Tariffs Are Making Swimming Pools Pricier, Market Leader Says
(DBN)

Rip-off America? From car rentals to coffee, inflation is rampant
(DBN)

Meat prices, tariffs to drive inflation, Conagra CFO says
(DBN)

Tomato prices likely to jump as Mexico tariff goes into effect
(DBN)

Inflation report should provide clues on the impact tariffs are having on prices
(DBN)

Trump tariffs don’t cause inflation because of ‘patriotism’ buying: WH advisor Hassett
(DBN)

371 Companies Bankrupt In 6 Months. Is Trump’s America Slipping Into Recession?
(DBN)

An increasing share of American adults are going hungry
(DBN)

Food Banks Are Running Out of Food Exactly When More Americans Will Need Them
(DBN)

Map shows states most and least prepared for recession
(DBN)

Pay raises plateau: Companies hold steady on salary budgets for 2026
(DBN)

Millennials fed up with the corporate climb are buying their own businesses
(DBN)

5 big wins for the middle class in the ‘big, beautiful’ law
(DBN)

Starbucks employees to return to the office four days a week — or take a payout
(DBN)

These 10 states are America’s best for quality of life in 2025 These states are America’s worst for quality of life in 2025
(DBN)

Why hundreds of US MBAs are leaving high-paying jobs to clean air ducts and fix plumbing
(DBN)

The North Carolinians that the “big, beautiful bill” will terrify, bankrupt, and kill
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

Housing market is sending a stark warning to the U.S. economy, Moody's economist says
(DBN)

Nearly one-third of major U.S. housing markets now see falling home prices
(DBN)

NYC has 8K empty affordable housing units — with 240K families on a waitlist. Here's why the homes are vacant
(DBN)

Mamdani win sends jitters through NYC luxury real estate market
(DBN)

Why Trump’s housing revolution risks mortgage turmoil
(DBN)

Harry Macklowe Wants to List His $75 Million N.Y.C. Home, But He Doesn’t Own It Anymore
(DBN)

Indicted developer Ken Mattson asks judge to release East Bay, Del Mar properties from forfeiture to fund defense
(DBN)

____________

Municipalities:

Washington town declares bankruptcy over $26M development dispute, leaving residents dreading what happens now
(DBN)

‘Rain tax’ board members in bankrupt Chester received hundred of thousands of illegal payments, a judge rules
(DBN)

____________

Politics:

The spectacle presidency: How Trump governs through distraction
(DBN)

Trump insults former Texas governor, Energy secretary: Not ‘the smartest bulb’
(DBN)

Resistance 2.0 protests get louder and more organized
(DBN)

MAGA media’s conspiracy theories put Trump in power — and now they’re coming back to bite him
(DBN)

Rosie O’Donnell Comes After Trump After Fake Citizenship Threat: “a criminal con man sexual abusing liar”
(DBN)

A Senate vote this week will test the popularity of DOGE spending cuts
(DBN)

Democrats already lining up for 2028 presidential race in early voting states
(DBN)

Texas official says he had weather alerts turned off when floods hit Camp Mystic’s leader got a ‘life threatening’ flood alert. They evacuated an hour later Girls as young as 7 were startled awake by flooding that devastated their beloved Camp Mystic. How the deadly tragedy unfolded We Should, in Fact, Politicize the Tragedy Kerr County commissioners hold first meeting since catastrophic Texas flooding A tribute to Camp Mystic counselors who risked it all in Texas flood
(DBN)

Obama’s blunt message for Democrats: ‘Toughen up’
(DBN)

Mark Cuban: Democrats’ only message is ‘Trump sucks’
(DBN)

The Democratic Revival Starts With a Non-Democrat
(DBN)

Democrats underwater in new poll
(DBN)

Cuomo’s Mayoral Strategy: Everyone Else Drop Out
(DBN)

Republican Hopes of Turning California Red Evaporating
(DBN)

Stay or go? For some transgender San Diego sailors and Marines, Trump’s ban leaves one option: ‘Come and find me’
(DBN)

The Texas Senate Race Is Turning Into an Absolute Mess
(DBN)

____________

Food/Beverage:

Del Monte Bankruptcy A Harbinger As Consumers Flock To Store Brands
(DBN)

____________

Gambling:

WA casino operator files for bankruptcy after restructuring
(DBN)

____________

Firearms:

Court Approves Watchtower Firearms DIP Financing
(DBN)

____________

Pharma:

Medicine recalled after company shuts down U.S. operations
(DBN)

____________

Agribusiness:

Arkansas Ag Economist: “What we’re seeing is a real surge in Chapter 12 filings across the nation.”
(DBN)

Midwest farm economies suffered while some Sun Belt states kept rolling in early 2025
(DBN)

____________

Furniture:

Legacy furniture chain with over 95 locations files for bankruptcy after 37 years – and only half will remain open
(DBN)

____________

Golf:

The Meadows Country Club in Sarasota files for bankruptcy
(DBN)

____________

Healthcare:

Platinum-Backed LifeScan in Talks to Hand Control to Lenders
(DBN)

____________

Ride Hailing:

Don't believe the hype around robotaxis, HSBC analysts say
(DBN)

____________

New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (80 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Judge temporarily stops Buffalo Catholic church sex abuse lawsuit payments
(DBN)

J&J sweetens controversial talc settlement deal
(DBN)

____________

Bankruptcy Reform:

House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust: 7/15/25 Hearing on "Bankruptcy Law: Overview and Legislative Reforms"
(DBN)

____________

Arbitration:

Pro-Arbitration Policy Should Be Dead. Courts May Need Reminders
(DBN)

____________

Corporate Governance:

Meta trial becomes test of board culpability over corporate scandals
(DBN)

____________

Aviation:

Libyan Airlines teeters as fleet shrinks, staff protest
(DBN)

‘Murky’ Air India crash report deepens uncertainty for owner Tata
(DBN)

Mango business rescue plan on thin ice
(DBN)

A Delta plane had to U-turn after flying through a hailstorm that seemingly put a dent in its nose
(DBN)

Tax cuts for private jet buyers expected to lead to surge in sales
(DBN)

____________

Education:

Most College Grads Don't Think Degree Will Help Them Land a Job This Year
(DBN)

Harvard Clash With Trump, New Tax May Cost $1 Billion a Year
(DBN)

____________

Fashion:

LVMH Italian fashion house Loro Piana put under court administration LVMH’s Loro Piana Faces Court Oversight in Italy Labor Probe
(DBN)

____________

Employment Services:

Key Chapter 11 bankruptcy filings show job sites don't work
(DBN)

____________

Autos:

Tesla Faces First Jury Trial Tied to Its Autopilot System Elon Musk looms over jury selection in Tesla Autopilot fatality trial
(DBN)

Nissan's shadow looms over supplier Marelli's latest bankruptcy
(DBN)

How BYD caught up with Tesla in the global EV race
(DBN)

____________

Religion:

Why social media is driving young men towards the priesthood
(DBN)

____________

Utilities:

Puerto Rico’s Energy Crisis Deepens Amid Dispute With LNG Supplier
(DBN)

____________

Student Debt:

Student Loan Update: Gen Z Hit With Highest Payments
(DBN)

Trump to end student loan payment pause: Borrowers have ‘a short window’ to act, advocate says
(DBN)

____________

Fraud:

Victims of 'Bernie Madoff of cows' take on major banks in massive ghost cattle Ponzi scheme
(DBN)

____________

Tax:

Americans’ New Tax Rates Depend on Who They Are and What They Do
(DBN)

____________

UK:

Thames Water fights to avoid nationalization after $2 billion loss Thames Water says turnaround will take at least a decade
(DBN)

Lincolnshire Police could declare itself ‘bankrupt’ - the effects explained Lincolnshire MPs’ joint letter over police bankruptcy fears
(DBN)

UK labour market cooled rapidly in June, KPMG/REC survey shows
(DBN)

____________

Canada:

Hudson’s Bay heads back to court for fight with lender over Ruby Liu deal
(DBN)

Nearly two-thirds of Canadians want interest rate cuts as financial anxiety grows: Poll
(DBN)

New survey on British Columbians worried about bankruptcy
(DBN)

____________

Russia:

Trump threatens Russia with tariffs and boosts US weapons for Ukraine Russia Says Needs Time To Respond To Trump's 'Serious' Statement Trump Threatens Russia With 100% Tariffs If No Deal With Ukraine Reached Trump to supply missiles to Ukraine, gives Russia 50-day ultimatum Trump’s Russia Threat Puts Focus on Oil Buyers India and China Hurt Trump Complains About Being Relentlessly Embarrassed by Putin Trump said he'd end Ukraine war in 24 hours. Now his patience with Putin is wearing thin Trump Realized He's Been 'Played" By Putin: Sen. Shaheen Trump shipping long-range missiles to Ukraine will change face of war’ after ‘p****d’ Don’s patience with Putin runs out
(DBN)

WW3 tension spike as Vladimir Putin 'giving detailed thought to using nukes in Ukraine'
(DBN)

____________

China:

China's new bank loans rise in June, above forecasts
(DBN)

China's Economy Gets Surprise Lift from Trump's Trade War
(DBN)

China’s Exports Growth Beats Expectations in June China Fills U.S. Exports Gap with ASEAN, EU & Africa China Emerges From Trade Chaos With Record Exports, Surplus
(DBN)

China’s GDP Seen Outpacing Target, Easing Stimulus Pressure
(DBN)

How China’s Military Is Flexing Its Power in the Pacific
(DBN)

Xi Touts ‘New Model’ of Property Development in Rare Meeting
(DBN)

China Home Prices Drop at Faster Pace as Support Calls Mount
(DBN)

____________

MENA:

‘Malfunction’ to blame for fatal strike on children collecting water in Gaza
(DBN)

Former Israeli leader says planned ‘humanitarian city’ in Gaza would be a ‘concentration camp’
(DBN)

____________

Argentina:

US Judge Extends Argentina’s YPF Handover Deadline by Three Days
(DBN)

____________

Mexico:

Mexico’s Peso Becomes Unlikely Winner in Trump’s Trade War
(DBN)

____________

India:

India's SBI seeks senior creditor status for NHAI investment trust to stave off default concerns, sources say
(DBN)

Approval of resolution plan doesn’t ipso facto absolve Guarantor: NCLAT
(DBN)

____________

Australia:

Ransomware and Data Extortion Attacks in Insolvency Scenarios
(DBN)

____________

Bahamas:

Cable Bahamas Denies Bankruptcy Fears
(DBN)

____________

Indonesia:

Dealing With Financial Distress In Indonesia: Guide For Foreign Creditors.
(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 subscription 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 $69.00/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 reach us at 281-402-3957 or 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