July 17, 2025

The Daily Bankruptcy News

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3-Column Formating

 

Law:

In ‘pervasive’ trend, some law firms reward partners by creating new tiers or more shares
(DBN)

This Biglaw Firm Offers Top Salary For Starting Associates
(DBN)

Biglaw Bigshots Leave To Form Their Own Firm… You Have Nine Guesses Which Firm They’re Leaving
(DBN)

Davis Polk Axes Associate Over Writings Criticizing Trump
(DBN)

Professor Discusses Equitable Relief, Bombarded With Replies Complaining About DEI
(DBN)

With Compensation Soaring, Lateral Partner Vetting Is Really Heating Up
(DBN)

HSF Kramer Scraps Partner Voting for Some US Lateral Hires
(DBN)

Law students’ shifting career goals tied to changing interests, compensation, NALP study finds
(DBN)

Money for court-appointed federal criminal defense lawyers is depleted; some lawyers leave program Funding Crisis Leaves Defense Lawyers Working Without Pay
(DBN)

Florida lawyer suspended after conviction for embezzlement while a paralegal
(DBN)

Alan Dershowitz Reprises Role As Captain Underpants
(DBN)

DOJ hits states with broad requests for voter rolls, election data
(DBN)

NY Prosecutor Who Pulled Rank Over A Traffic Stop Gets Reprimanded, Plans To Retire DA who drove home instead of pulling over during traffic stop is publicly censured
(DBN)

Maurene Comey, daughter of James Comey and prosecutor of Jeffrey Epstein, is fired
(DBN)

Schiff, Democrats demand rationale on Bondi firing of ethics attorney
(DBN)

The Trump administration’s fundamental misunderstanding about deportations Mexico Considering Legal Action Against ICE Over Migrant's Death The IRS Is Building a Vast System to Share Millions of Taxpayers’ Data With ICE US deports migrants from Jamaica, Cuba, and other countries to the African kingdom of Eswatini Green Card Holders Handed Big Legal Win Amid Trump Administration Crackdown What Is 'Deportation-Tok'? People Share Life After Leaving US ICE seizes 6-year-old with cancer outside L.A. court. His mom is fighting for his release Trump Would Rather Jail Than Judge Undocumented Immigrants The Message Is ‘We Can Take Your Children’ Trump’s assertion that 10,000 of 300,000 ‘missing’ children have been found DOJ Disputes Salvadoran View That US Responsible for Detainees
(DBN)

Kilmar Abrego Garcia’s fate in limbo as judge weighs whether to release him from criminal custody
(DBN)

Ninth Circuit skeptical of Venezuelan immigration status terminations, despite SCOTUS block
(DBN)

US considered charging Minnesota judges, lawyers in immigration crackdown, sources say
(DBN)

ICE Lawyers Are Hiding Their Names in Immigration Court
(DBN)

ICE Attorney Hates His Job But Cannot Quit Until His Student Loans Are Forgiven
(DBN)

Pirro’s Nomination for DC US Attorney Poised to Advance Jeanine Pirro sues to 'oust' board members who 'usurped' former offices after Trump firing
(DBN)

Trump administration sued by U.S. states for cutting disaster prevention grants
(DBN)

Federal charges filed in deadly attack on Minnesota lawmakers
(DBN)

The Paramount comics, Colbert and Stewart, are sharp critics of the ’60 Minutes’ deal
(DBN)

FBI Warns Parents Across America of Sinister Group Targeting Minors
(DBN)

Adams, top aides ran ‘coordinated criminal conspiracy’ at NYPD, former interim commish alleges
(DBN)

Woman arrested for allegedly enticing monks into sex, then blackmailing them
(DBN)

Georgia police dog dies after being left in hot patrol car for "unacceptable amount of time," sheriff's office says
(DBN)

Seven arrest warrants issued in global swoop on suspected Russia-linked hackers
(DBN)

US Capitol Police detain man with guns, bow and arrow
(DBN)

Woman dragged husband's plastic-wrapped body out of the house with a tractor: Police
(DBN)

Woman runs up to mom of 3 who was in car in hotel parking lot, shoots her dead: Cops
(DBN)

Man bludgeons wife to death with rubber mallet, then stages scene so he could stay in US
(DBN)

Kansas City woman wins $7.1M in landmark illegal towing case
(DBN)

Father arrested after daughter gives birth in Walmart bathroom, baby found in trash: Cops
(DBN)

500-pound woman calls cops for help, then attacks them while being stretchered out: Cops
(DBN)

Mom who left babies in sweltering car while she got lip filler faces murder charge
(DBN)

Judge orders famous Seattle nude beach closed because people keep having sex in public there
(DBN)

Women letting 'chicken cross the road' sprays driver with bear mace for killing it: Cops
(DBN)

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Judges:

Jackson Walker Headed to Trial With DOJ Over Romance Scandal Controversy Over Judge’s Secret Romance Heads To Trial
(DBN)

BK WD PA: Career Opportunity - Judicial Law Clerk - Term, Pittsburgh, PA
(DBN)

Supreme Court Faces Heat After Unexplained Rulings for Trump
(DBN)

Roberts Secretly Praised Trump in Crisis Talks With Judges
(DBN)

Jackson Emerges as the Supreme Court’s Leading Liberal Voice
(DBN)

King Donald? Supreme Court grants Trump power to repeal laws at his whim
(DBN)

Over 90 Former DOJ Lawyers Sign Letter Opposing Emil Bove Nomination… Oh, Wait, Sorry That’s *900* Bove Nomination Opposed by Judges Who Sat on the Same Bench Trump’s Plans to Put Emil Bove on the Supreme Court
(DBN)

Donald Trump’s Second Shot At Remaking The Federal Judiciary Has Officially Begun
(DBN)

Judge Reprimanded After Dismissive Treatment Of DAs
(DBN)

President Trump To Nominate Jennifer Mascott To Third Circuit
(DBN)

Class Actions, Already Weakened, Won’t Replace Injunctions
(DBN)

'Nothing less than the right to have rights': Mothers refashion birthright citizenship lawsuit into class action, warn thousands of Americans could be rendered 'stateless'
(DBN)

Fishermen’s Case That Overturned Chevron Sees Agency Rule Upheld
(DBN)

Groups accuse Trump admin of 'defiant' behavior after judge ruled Noem's actions unlawful
(DBN)

______________

Wall Street:

Stock futures are little changed as Wall Street keeps eye on escalating Trump-Powell feud
(DBN)

Goldman Sachs tops estimates as traders generate $840 million more revenue than expected Goldman Posts Best Stock-Trading Quarter in Wall Street History
(DBN)

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Layoffs:

There’s No There There: The Trump Administration’s Use of Misleading Empirical Evidence to End Collective Bargaining for Most Federal Employees
(DBN)

Walmart Eliminates Hundreds of Store-Support, Training Jobs
(DBN)

Scale AI to Cut 14% of Staff Following Meta Investment
(DBN)

Sarepta pivots to siRNA and lays off 500 staffers
(DBN)

Methodist Le Bonheur Healthcare to layoff 161
(DBN)

Federal budget could lead to 1,000 layoffs at Tri-Cities' biggest employer
(DBN)

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Furniture:

Family-Owned American Mattress Files For Chapter 11 Bankruptcy Protection
(DBN)

____________

Tech:

Rise of the Machines: Inside Hollywood’s AI Civil War
(DBN)

____________

Education:

The Real Goal of Trump’s Attack on Harvard Isn’t What You Think
(DBN)

____________

Agribusiness:

Drones, AI and Robot Pickers: Meet the Fully Autonomous Farm
(DBN)

Homan hints Trump farm worker policy is coming
(DBN)

____________

Student Debt:

Student loan borrowers may be left with ‘no affordable options’ under Trump plan changes: Advocate
(DBN)

____________

Tax:

Trump Struggles to Market His Tax Law That 61% of Voters Oppose
(DBN)

____________

Media:

PBS, NPR Set to Lose Federal Funding as Senate Passes DOGE Cuts
(DBN)

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Economy:

Trump denies that he plans to fire Powell: ‘Highly unlikely’ Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send it TACO Trump Instantly Chickens Out of Firing Fed Chair Jerome Powell Trump Likely to Fire Powell Soon, White House Official Says How Trump could use a building renovation to oust Fed Chair Powell Trump, 79, Can’t Remember Appointing His Own Fed Chair GOP senators warn Trump that firing Powell would send ‘shock wave’ through economy
(DBN)

Why Some Trump Allies Want to Protect the Fed’s Independence
(DBN)

Williams Says Fed’s Restrictive Stance Is Entirely Appropriate
(DBN)

Fed's Beige Book: "Economic activity increased slightly"
(DBN)

US Producer Prices Stagnated on Decline in Services Costs
(DBN)

Industrial Production Increased 0.3% in June
(DBN)

US Firms Passing Some Cost Hikes To Consumers: Fed Survey
(DBN)

Wholesale inflation measure was unchanged in June
(DBN)

US producer prices flat in June, but tariffs lift goods costs
(DBN)

These 10 states are America’s best for workers in 2025
(DBN)

Ellison Overtakes Zuckerberg as World's Second-Richest Person
(DBN)

US trade chief Greer says wants US trade deficit on downward path
(DBN)

US businesses brace for impact of all-out trade war Trump Eyes Tariff Rate of 10% or 15% for More Than 150 Countries Mexico plans stronger trade collaboration with Canada after Trump tariff threats The lie at the heart of Trump’s entire economic agenda Trump's Tariffs Make an E.U. Deal Harder to Achieve: Experts France Adds Support for Using Most-Potent Trade Tool on US G-20 Finance Chiefs Confront Growth Hit From Trump’s Tariffs Vietnam Says Negotiators Still Working With US on Trade Deal Thailand to Make Fresh Proposals to US in Bid to Avert Tariff Swiss Trade Deal With US Is Awaiting Trump’s Sign Off, Bern Says Alcoa Says Trump Tariff Added $115 Million in Aluminum Costs Expect tariff ‘cascade’ effect across slowing global economy, top UN official warns Tariffs trauma: business risks amid global trade wars
(DBN)

ASML CFO Says Trade War Worries Clients More Now Than in April
(DBN)

Americans were following Trump’s big legislative win closely — and they say they don’t support it
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

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

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

Map Shows Where Florida House Prices Are Dropping Fastest
(DBN)

Florida’s housing industry riddled with new builds that are falling apart
(DBN)

Bitcoin Chases American Dream in Norm-Shattering Mortgage Push
(DBN)

Map shows where foreign citizens are buying up U.S. homes
(DBN)

____________

Municipalities:

U.S. Congress to Tackle Puerto Rico's Financial Future
(DBN)

Map Shows Cities Hit by the Highest—And Lowest—Inflation
(DBN)

Strapped for cash? Texas is the most financially distressed state, 2025 study shows
(DBN)

____________

Politics:

Polling Plunge Donald Trump Suffers 'Brutal' Polling Over Jeffrey Epstein Trump’s disapproval rating hits record for second term
(DBN)

New York’s Zohran Mamdani wins over some of the city’s business elite Zohran Mamdani Has Awakened a Powerful New Political Force Mamdani Signals New Opposition to ‘Globalize the Intifada’ Adams’ Fundraising Doubles Mamdani’s Since Shock NYC Primary
(DBN)

Texas Officials Say They Didn’t See the Flood Coming. Oral Histories Show Residents Have Long Warned of Risks Camp Mystic leader may not have seen urgent alert before Texas flood, family spokesman says
(DBN)

Trump Melts Down Over Epstein ‘Hoax,’ Slams Supporters Who Believe ‘This Bullsh*t’: ‘I Don’t Want Their Support Anymore!’ Why Trump betrayed his base on Jeffrey Epstein Ghislaine Maxwell's family appeals to Trump amid battle over Epstein files Justice Department Fires Ghislaine Maxwell Prosecutor Maurene Comey Furious Trump lays into ‘bulls**t’ Epstein murder ‘HOAX’… but admits MAGA fans are falling for it ‘hook line and sinker’ Bombshell! Trump Goes Scorched Earth On “Jeffrey Epstein Hoax” & Disowns “Past Supporters” Who “Bought Into This Bullshit” 3 Scenarios That Explain the Epstein Debacle Howard Lutnick's Ties to Jeffrey Epstein Come Under Scrutiny Donald Trump Jr. once posted, 'Show us all the Epstein client list' and ask why those on it would be protected? Jeez, I wonder why Trump won't release the Epstein files Mike Johnson signals break with Trump on Epstein The Revolt Over the Epstein Files Is Snowballing Republican support rolls in for legislation to release Epstein files Loomer delivers searing warning: Epstein could ‘consume’ Trump presidency 'The powerful protecting the powerful': Democrats see an opening on Epstein The MAGA blowup over Pam Bondi has been a long time coming Bondi declines action after Trump suggests further Epstein files release Trump Turns on MAGA: Only ‘Bad People’ Buy ‘Epstein Hoax’ The Epstein fallout finally reveals Trump’s Achilles heel Trump’s Epstein Answers Are Getting Worse Trump Discovers MAGA Has No ‘Off’ Switch GOP rep on Trump, Epstein files: ‘This is not a good moment’ Trump on appointing special counsel for Epstein case: ‘I have nothing to do with it‘
(DBN)

Joe Biden Investigation: Second Person Pleads the Fifth to House Oversight Jill Biden 'work husband' refuses to answer Oversight questions
(DBN)

Map Shows Where Xi Jinping Is More Popular Than Donald Trump
(DBN)

Critics of Trump's presidential library fundraising say "there are no rules"
(DBN)

Trump has launched as many air strikes in five months -- as Biden did in four years!
(DBN)

US aid workers lobbied for weeks to save food stocks from destruction after Trump cuts
(DBN)

Susan Collins finally got her dream job. Fellow Republicans are making it a nightmare.
(DBN)

Senate votes to move ahead on funding clawback package Senate passes $9B in cuts to global aid, public broadcasting in win for Trump US Senators Approve $9 Billion Of Elon Musk's Federal Cuts
(DBN)

How Elon Musk’s X is fueling the MAGA-Trump split
(DBN)

77 percent say they would not consider joining Elon Musk third party: Survey
(DBN)

Waltz vows to take take Trump’s chainsaw to the United Nations
(DBN)

Musk’s DOGE Goon Planned Mutiny After He Was Dismissed
(DBN)

Musk Changed His Phone Number After His War With Trump
(DBN)

RFK Jr. Plots New White House Bid
(DBN)

How the Autopen Earned Donald Trump's Ire
(DBN)

‘Crazy hill to die on’: Newsom jolts California with bid to throw out House maps
(DBN)

GOP House members might be vulnerable — but they're still outraising Democrats
(DBN)

____________

Healthcare:

Steward Health gets green light to repay creditors with litigation proceeds Steward Health Care Approved to Sue Insiders Under Wind-Down Plan
(DBN)

CT aims to get to front of the line in Prospect bankruptcy case
(DBN)

Trump administration takes shot at hospitals
(DBN)

Severe Obesity in US Children Has More Than Tripled Since 2008
(DBN)

Congress targeted Planned Parenthood for defunding, but also caught a Maine health care provider
(DBN)

Hawley seeks to repeal Medicaid cuts he voted for
(DBN)

RFK Jr. and other Trump officials embrace psychedelics after FDA setback
(DBN)

RFK Jr. ousts two Trump loyalists from HHS top ranks
(DBN)

GOP Senators Interested in Shoring up Policy Trump Railed Against for Years
(DBN)

Dogs Can Actually Smell Parkinson’s Disease, And They’re Incredibly Accurate
(DBN)

Inside Miami's BBL trade, where 15,000 women a year risk their lives for bargain prices with sketchy surgeons
(DBN)

White House agrees to exempt PEPFAR from cuts
(DBN)

____________

Resorts:

Hall of Fame Resort considered bankruptcy but 'could not afford costs of filing: Report
(DBN)

____________

Autos:

Volvo Cars Swings Into Loss On Electric Vehicles, Tariffs Sweden’s Volvo Cars switches gears in the U.S. as tariffs bite
(DBN)

Made-in-China Chevys for $17,000 Are Winning Fans in Mexico
(DBN)

Tesla Failed to Stop Autopilot Misuse, Safety Expert Testifies
(DBN)

Trump’s Auto Safety Pick Promises Rapid Self-Driving Deployment
(DBN)

____________

Television:

The Grim Biz of Selling Off Cable TV
(DBN)

____________

Crypto:

WazirX gets court nod for revote on new creditor scheme
(DBN)

____________

Pharma:

Drug recalled by a Miami man’s dying company that faced Medicaid fraud charges
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (28 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

2025 Week 28 Bankruptcy Report
(DBN)

______________

Corporate Governance:

How a Delaware Ruling Offers Guidance for Defensive Board Action
(DBN)

Law Firms Win When Shareholders Go to War With Their Companies
(DBN)

Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials
(DBN)

____________

Mass Torts:

Half of abuse claims in Archdiocese of New Orleans bankruptcy case could be thrown out New Orleans Archdiocese submits plan to resolve bankruptcy with sex abuse survivors
(DBN)

Oakland Diocese Bankruptcy: Legal Fee Dispute Highlights Tensions in Abuse Case
(DBN)

What the Bishops’ Mistakes with the Catholic Clergy Sex Abuse Crisis Teach Us About the Trump Administration’s Cover-up of the Epstein Files
(DBN)

____________

D&O:

Crypto-Verse D&O Opportunity
(DBN)

____________

Venue:

Battle to recover millions for victims in Lubbock, San Antonio is also a tug of war between Delaware, Texas
(DBN)

Legal Scrutiny of Linqto’s Bankruptcy Filing Challenges Corporate Practices in Texas
(DBN)

Linqto’s Bankruptcy Under Fire as Shareholder Alleges Fraud and “Improper Forum Shopping”
(DBN)

____________

Bankruptcy Reform:

Congressional Hearing Sparks Debate on Subchapter V Bankruptcy Eligibility and Student Loan Discharge Criteria
(DBN)

____________

Discharge:

Debtors Who Failed to Disclose Foreign Assets Lose Bankruptcy Discharge After U.S. Trustee Program Investigation
(DBN)

____________

Aviation:

Trump administration needs another $19 billion to fully revamp air traffic control
(DBN)

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’
(DBN)

Trump Administration Plots Hiring Foreigners to Fill Desperate Air Traffic Controller Shortage
(DBN)

Air India Junior Pilot Asked Captain Why He Turned Off Fuel Switches
(DBN)

____________

Banking:

Bank of America puts up mixed results as net interest income misses analysts’ expectations
(DBN)

____________

Consumer Finance:

Growing number of Americans using BNPL loans to pay for groceries — and they’re often paying those bills late
(DBN)

____________

Climate:

How the One Big Beautiful Bill Act Will Affect Clean Energy Jobs
(DBN)

Contracts Show Millions of Dollars and Diverted Disaster Resources Were Used to Build DeSantis’ ‘Alligator Alcatraz’
(DBN)

The West’s Megadrought Might Not Let Up for Decades, Study Suggests
(DBN)

How weather conspiracy theories moved from online fringes to state laws
(DBN)

Trump administration taking new steps to block wind and solar projects, undisclosed memo says
(DBN)

____________

Food/Beverage:

A Del Taco franchisee in Georgia and Alabama files for bankruptcy
(DBN)

____________

Rail:

Trump administration pulls $4B in federal funding for California's bullet train project
(DBN)

Florida High-Speed Rail Line Kills a Person Nearly Every Two Weeks: Report
(DBN)

____________

Religion:

Pastor Fired from Job After Ignoring Chosen Pronoun
(DBN)

____________

Sovereigns:

IMF Praises Uzbekistan's Economic Transformation
(DBN)

____________

UK:

Back to the Drawing Board for Restructuring Plans — Part 26A of the UK Companies Act 2006
(DBN)

Can the Man Who Cleaned up UK Banks Fix the Water Industry?
(DBN)

What would it mean if Lincolnshire Police went ‘bankrupt'?
(DBN)

Warwickshire ranks in UK bankruptcy list as personal insolvency hits four-year high
(DBN)

The Insolvency Service looks ahead: Key takeaways from the Insolvency Service "Forward Thinking" conference
(DBN)

Insolvency Service launches new strategy to tackle economic crime
(DBN)

UK Unemployment Rises To Near Four-year High: Official
(DBN)

____________

EU:

European real estate stuck in 'zombieland' as recovery proves elusive
(DBN)

EU’s Proposed €2 Trillion Budget Rejected by Germany
(DBN)

Europe's holiday hotspot hell: Videos show streets groaning with crowds and huge queues at famed beauty spots in Italy and Greece - despite raging anti-tourism protests
(DBN)

____________

Canada:

Canada Imposes Limits on Steel Imports From All Countries Except U.S., Mexico
(DBN)

____________

Russia:

Russian Banks Have Discussed Seeking Bailouts Within Next Year
(DBN)

Russians mock Trump's 'deteriorating health' after turning on Putin - 'He's lost his mind!
(DBN)

Finally, Trump Seems to Get Putin
(DBN)

Russia Issues Nuclear Warning After Trump's Weapons for Ukraine Plan
(DBN)

Trump and NATO just changed the Ukraine war — now Putin must be forced to choose
(DBN)

____________

MENA:

Israel Shifts Troops From Gaza to Syria as Another Front Intensifies
(DBN)

Palestinian American Saif Mussallet's killing in Israeli-occupied West Bank draws U.S. call for investigation
(DBN)

Through Trial and Error, Iran Found Gaps in Israel's Storied Air Defenses
(DBN)

Trump’s Ambassador Makes Surprise Appearance at Netanyahu’s Trial With a Bugs Bunny Doll
(DBN)

____________

Brazil:

Brazil’s corporate defaults surge as market giants turn to judicial recovery
(DBN)

Brazil prosecutor says ex-President Jair Bolsonaro, a Trump ally, guilty of violent coup plot
(DBN)

____________

France:

France's plan to cull public holidays may not help the economy
(DBN)

____________

Australia:

PwC Australia sells restructuring arm to Teneo for millions
(DBN)

____________

China:

China’s Reputation Improves in Pew Survey as US Sees Drop
(DBN)

Record US Firms Cut China Investment Plans as Tariffs Spiraled
(DBN)

Faced with geopolitics and trade war, US companies in China report record-low new investment plans
(DBN)

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