July 31, 2025

The Daily Bankruptcy News

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Law:

Summer Bonuses Are Finally Here
(DBN)

LA Fire Charity Slammed By Trump Taps Latham for Probe
(DBN)

Bullying is a problem in the legal profession. How can the cycle be broken?
(DBN)

Trump brings elite institutions to heel in $1.2 billion settlement spree
(DBN)

Florida AG Blasts ‘Woke’ ABA and Pushes for New Legal Accreditor
(DBN)

Federal officials open probes into Duke University’s law journal, medical school
(DBN)

5 hallucinated cases lead federal judge to kick 3 Butler Snow lawyers off case
(DBN)

Andrew Yang Says AI Is Replacing Biglaw Associates, Which Is Great News For Malpractice Lawyers
(DBN)

Lawyers Getting Really High On AI Hallucinations
(DBN)

Hallucinations Here, Hallucinations There, Hallucinations Everywhere: Why Do Lawyers Keep Doing It?
(DBN)

Pennsylvania lawyer pleads guilty to forging signature of U.S. district judge
(DBN)

Police and Courts Are Turning to AI. Is the System Ready for It?
(DBN)

Former California Bar Leader Reflects on Botched Exam, Girardi
(DBN)

States should consider bar exam alternatives, chief justices say
(DBN)

Careers in Transit: What it’s like for lawyers to live abroad
(DBN)

Bar Exam Evacuated As Tsunami Arrives
(DBN)

The Best Law Schools For Women (2025)
(DBN)

90-day proposed suspension for ethics violations in law office employment agreements and office management
(DBN)

Questions emerge about NYC gunman’s mental health and his security-sensitive job in Las VegasPark Avenue Killer Bought Rifle for $1,400 From His Casino Boss
(DBN)

Midtown Manhattan Becomes America’s Stage for Acts of Violence
(DBN)

NYC mass killing raises new security concerns for corporate America
(DBN)

Unsettled by NYC shooting, companies wonder if their offices are safe
(DBN)

Terrified By Trump Raids, LA's Undocumented Migrants Hide At Home There’s a Creepy New Patriotic Recruitment Drive for ICEGreen Card Holder Detained by ICE After Returning From Brother's WeddingUS Visa Interviews To Change From September: What To KnowGreen Card-Holder of 20 Years Detained for Citizenship Application AnswerHis Name Is Jesus. He’s a Carpenter. ICE Arrested Him.Ohio city whose Haitian migrants were disparaged by Trump braces to defend them against deportationTrump admin 'no-bond' policy could lead to 'indefinite' detention for immigrants: Lawsuit
(DBN)

Dan Bongino, an Emotional Wreck, Throws QAnon a Bone
(DBN)

FBI chief Kash Patel finds ‘burn bags’ of Trump-Russia documents in secret room
(DBN)

DOJ defends Habba appointment as acting US attorney in maneuver used to keep others on the jobLawyers blast DOJ's 'extreme' defense of Alina Habba's acting U.S. attorney authority
(DBN)

Assistant U.S. Attorneys Are Heading For The Exits Thanks To Political Creep Into Government Work
(DBN)

US to share biometric data with Chile ‘to track criminals,’ Homeland Security’s Noem says
(DBN)

Trump’s Brazil trade squeeze gives tariff challengers fresh legal ammunition
(DBN)

Feds arrest ex-NBA star Arenas for alleged 'high-stakes illegal poker' at Encino mansion
(DBN)

Man beat grandpa with golf clubs and sprayed his wounds with wasp repellent: Police
(DBN)

7-month-old found alone in yard leads to bodies of parents, grandma and teen uncle: Cops
(DBN)

Man clobbers drunk roommate 'asking him for cigarettes' to death with box fan: Cops
(DBN)

Colorado dentist convicted of murder after lacing his wife's protein shakes with poison
(DBN)

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Judges:

Why Would Trump Stop Bullying Judges When It’s So Effective?
(DBN)

Supreme Court's Ideologically Split Rulings Occur Less Often Than You Think
(DBN)

The Court’s Power Grab Over Independent Agencies
(DBN)

'Deeply troubling': Federal judge calls out Kari Lake for 'flip-flopping' in court
(DBN)

DOJ's (Ridiculous) Misconduct Complaint Against Chief Judge Boasberg
(DBN)

After second federal judge withdraws error-riddled ruling, litigants seek explanation
(DBN)

Lawyers Want Answers About Mississippi Judge’s Made-Up Quotes
(DBN)

Judge rubbishes Trump's 'unlawful' executive order on refugees in double whammy decisions
(DBN)

The Cowardice of Senate Democrats Made Emil Bove’s Confirmation Possible
(DBN)

Trump appellate court nominee defends comments on 'gender roles'
(DBN)

Trump Sees Emergencies Everywhere. Judges Are Considering Whether to Rein Him In.
(DBN)

DOJ says judge accused of obstructing ICE agents carved out case in 'gerrymandered way'
(DBN)

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Wall Street:

S&P 500 futures rise after Meta and Microsoft post quarterly beats
(DBN)

Most Markets Down As Fed Holds And Trump Announces Fresh Tariffs
(DBN)

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Layoffs:

Top Court Official Projects Hundreds of Defender Job CutsBudget Axe Hangs Over 600 Federal Defenders as Judiciary Sounds the Alarm
(DBN)

Is AI causing tech worker layoffs? That’s what CEOs suggest, but the reality is complicated
(DBN)

Hundreds of meatpacking workers with work permits lose their jobs following Trump immigration crackdown
(DBN)

UVM Health eliminates 146 roles
(DBN)

Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow
(DBN)

Northwestern University announces 425 positions to be laid off amid financial challenges
(DBN)

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Utilities:

California governor seeks additional $18 billion for utilities' wildfire fund
(DBN)

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Toys:

America's Toymakers are in Trouble
(DBN)

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Student Debt:

Student Loans Update: Trump Admin Touts Forgiveness in ICE Recruitment Push
(DBN)

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Sports:

Every female athlete will be forced to take gene test before World Athletics Championships
(DBN)

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Hotels:

LA passed a $30 minimum wage for hospitality workers. Hotels continue to fight it.
(DBN)

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Fraud:

Woman pleads guilty in $30M scam that sold access to Trump fundraiser, fake U.S. residency
(DBN)

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Crypto:

NJ Bankruptcy Court Denies Challenge to BlockFi Bankruptcy Plan and Gatekeeper Provision
(DBN)

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Assisted Living:

Owner of 11 Maine nursing homes files for Chapter 11 bankruptcy
(DBN)

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Economy:

Jerome Powell Weighs In On Trump's Visit To Fed Renovation Site
(DBN)

Powell Hits Back at Trump for Tariffs Pushing Up Prices'Many, Many Uncertainties' Unresolved On Tariff Effects: US Fed Chair
(DBN)

Federal Reserve holds its benchmark rate steady US Fed Chair Says 'Well-positioned' To Wait Before Adjusting Rates Fed keeps rates steady despite Trump's pressure, with two governors dissentingFed's Powell Says No Decision Made Yet on September Rate Cut Fed policy decision generates most governor dissents since 1993See How Often Fed Governors Have Broken Ranks
(DBN)

GDP grows as Trump's trade agenda revamps the economy Economy grows at 3% rateGDP rose 3% in the second quarter. Is it finally time to stop worrying about a recession? Forget GDP - the U.S. economy isn't doing great. But the worst might be over. Rebound in US economic growth in second quarter masks underlying slowing trendGDP shows plump 3% growth rate in second quarter - but it's not as healthy as it looks
(DBN)

Trump owns the U.S. economy's performance now, Lutnick says
(DBN)

Trump stands firm on Aug. 1 tariff deadline: It ‘will not be extended’ These nations don’t have trade deals with Trump ahead of his Aug. 1 tariff deadlineThe Trump Trade TrackerTrump’s Tariff Deadline Is August 1: Here’s What Could Immediately Cost More—From Food To Electronics The Leftovers: Countries that haven’t struck an agreement with Trump brace for Aug. 1 deadline Trump announces 25% tariff on IndiaTrump says US, India still negotiating after 25% US tariff threat India Eyes Fall Deadline for US Deal Amid Trump Threats List of Items US Imports From India as Donald Trump Announces New Tariffs Donald Trump again slams India, via Russia: ‘They can take their dead economies down together’ US and South Korea reach trade agreement Laos Braced For Blow Of Trump Tariff Threat Taiwan Says Reached 'A Certain Consensus' With US On Tariffs Canada's Support For Palestinian State Makes Trade Deal 'Very Hard': Trump Trump order excludes aircraft, OJ, energy from Brazil tariffsTrump puts 50% tariffs on Brazil and copper while eliminating another tax loopholeDonald Trump’s 50% Tariff Threat Gives Brazil’s Central Bank a New HeadacheTrump ends de minimis exemption for global low-cost goodsUS Copper Plunges as Trump Tariffs Exclude Refined MetalTrump’s Trade Deals Come With Few Details to Flesh Out Big NumbersMercedes, Porsche Cut Forecasts as US Tariffs Hammer German CarsFord warns its tariff hit will grow to $2 billion, offers downbeat guidance Macron: EU wasn’t ‘feared enough’ by Trump to get good trade deal Aston Martin Softens Outlook on US Tariffs, Warns About DealUS Tariffs Corrode Steelmaker ArcelorMittal's ProfitabilityChina Is Winning the Trade Talks With Trump—AnalystsTrump Tariffs A Stone In The Shoe Of 'Made In USA' Cowboy Boots
(DBN)

Senate Democrat presses Amazon on food price hikes amid Trump tariffs
(DBN)

Levies drive US firms toward bankruptcy
(DBN)

The Tariffs Kicked In. The Sky Didn’t Fall. Were the Economists Wrong?
(DBN)

Krugman: Fossil Fool - How Europe took Trump for a ride
(DBN)

Trump Official Floats Privatizing Social SecurityTrump Treasury Secretary Says Big Beautiful Bill Includes ‘A Backdoor For Privatizing Social Security’
(DBN)

California's economy is already getting hit by immigration raids
(DBN)

Equifax National Market Pulse Data Shows U.S. Consumers Continuing to Spend, Avoiding Delinquency
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Bankruptcy Property Deal Devolves Into Mess of Contract and Fiduciary Duty Claims
(DBN)

Map Shows Where House Prices Are Rising and Falling Fastest
(DBN)

Palm Beach Billionaires Battle for Oceanfront Land
(DBN)

The Condo Market Is Floundering: Four Charts That Explain the Downturn
(DBN)

Zillow is the target of a massive infringement lawsuit that could force it to pay north of $1 billion in damages
(DBN)

America's unhinged real estate market is driving down the birth rate
(DBN)

Baltimore developer Brandon Chasen enters bankruptcy after ‘painful and profound’ chapter
(DBN)

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Municipalities:

Chicago Mayor Floats Reviving Tax On Corporations To Raise Cash
(DBN)

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Oil/Gas:

Candidate Trump Promised Oil Executives a Windfall. Now, They’re Getting It.
(DBN)

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Politics:

Trump Blew Himself Up With New Revelation Epstein ‘Stole’ Sex Abuse Victim from Mar-a-LagoCBS News investigation of Jeffrey Epstein jail video reveals new discrepanciesWhite House claims uproar over Epstein files has slowed: ‘Very small segment of the base’Senate Democrats seek to force release of Jeffrey Epstein files with rarely used "Rule of Five" lawTrump pushes for release of Epstein, Maxwell grand jury testimonyEpstein Grand Jury Transcripts Don’t Include Any Interviews With Victims, DOJ SaysGrand Jury Witnesses Against Epstein and Maxwell Were All Investigators Seven New Epstein Jail Video Issues Under ScrutinyMysterious ‘Orange Shape’ Raises More Questions About Epstein FootageEpstein believed Trump was the 'rat' who snitched on him to FBI: biographerShe’s inmate No. 02879-509 in Florida. But once again, Ghislaine Maxwell is holding court
(DBN)

Six months in, young people have soured on Trump's job handling — CBS News analysis
(DBN)

Trump approval rating sinks to 40%, the lowest of his term, Reuters/Ipsos poll finds
(DBN)

Trump’s net approval rating hits new low of second term
(DBN)

To See How America Unraveled, Go Back Five Years
(DBN)

Trump shocks with threat he could take over sanctuary cities and arrest unruly mayors under martial law
(DBN)

Trump Admin in Hot Water With Christian Family Foundation
(DBN)

No One Is Defying Trump Like Brazil’s President
(DBN)

Zohran Mamdani Scores 17-Point Lead with Jewish Voters in NYC Mayoral RaceZohran Mamdani explicitly backs off unpopular ‘defund’ police stance after officer shot dead in Park Avenue horror
(DBN)

Kamala Harris Will Not Run for CA Gov, Opening Door for '28 Presidential Run
(DBN)

Virginia Politician Doused in Gasoline then Set on Fire
(DBN)

Trump, in another break from the norm, interviews 4-star general candidates
(DBN)

GOP Sen. Josh Hawley and Democrats vote to advance congressional stock trading banBill Barring Stock Trading for Congress Advances With Trump CarveoutTrump rails against GOP senator over stock trading ban bill
(DBN)

Trump Says Nancy Pelosi Needs To Be Investigated For Insider Trading
(DBN)

Pete Hegseth for Governor? Someone Wants Him Out of the Pentagon.
(DBN)

Trump’s new plan for retribution against Democrats, explainedRepublican Senator Rebukes Donald Trump's RemarksGrassley says he was ‘offended’ and ‘disappointed’ by Trump’s insults
(DBN)

How Conservative Christians Cracked a 70-Year-Old Law
(DBN)

Conspiracy Theorists Found a New Boogeyman: Payroll Data
(DBN)

Top FDA Official Leaves Job After Laura Loomer’s AttacksTrump drove firing of FDA official
(DBN)

Army rescinds West Point role for ex-CISA director after Laura Loomer criticism
(DBN)

Body Count: Every Trump Administration Scalp Laura Loomer Has Taken So Far
(DBN)

MAGA Champion Who Said Trump Would Fight Child Predators Is Arrested on Charges of Being a Child Predator
(DBN)

A blue wave in the 2026 elections? It’s not likely, and here’s why.
(DBN)

Top Biden aide Steve Ricchetti tells GOP panel ex-president was ‘fully capable’
(DBN)

Senate floor erupts as Booker accuses Dems of being "complicit" to Trump
(DBN)

House Democrats to face another retirement with 83-year-old Rep. Danny Davis
(DBN)

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Retailing:

Saks creditors suffer as high debt and slowing sales weigh on finances
(DBN)

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Religion:

Map Shows Countries Where Christians No Longer in Majority
(DBN)

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Trucking:

Texas Highways Have a New Nighttime Creature: Autonomous Trucks
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (193 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Abuse survivors respond to $246M settlement with Rochester diocese$246-million bankruptcy case expected to end Sept. 5
(DBN)

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Liability Management:

The Preferred Equity Paradox
(DBN)

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Aviation:

25 hospitalized after 'significant' turbulence on Delta flight
(DBN)

NTSB finds Army chopper in fatal midair crash with plane was above altitude limitLess than a second before hitting a passenger jet, helicopter instructor told pilot to change course, NTSB hearing reveals
(DBN)

Some air traffic controllers wanted to close a helicopter route near Washington’s airport. It was abandoned as ‘too political.’
(DBN)

Why plane turbulence is becoming more frequent - and more severe
(DBN)

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Healthcare:

Judge OKs Steward Chapter 11 plan
(DBN)

Bankrupt Villages Health paying $150,000 per month to restructuring officer
(DBN)

Why Several Insurers Are Cutting/Withdrawing Their Earnings Guidance
(DBN)

Big companies have settled on the best way to offer abortion care to employees post-Roe: Quietly
(DBN)

65-Year-Old Retirees Can Expect $172.5K In Healthcare Costs, Fidelity Says
(DBN)

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Tech:

How an ‘Entrepreneur of the Year’ Brought the First Big Bust to AI Boom
(DBN)


Amazon to Pay New York Times at Least $20 Million a Year in AI Deal
(DBN)

Microsoft Now Worth $4 Trillion
(DBN)

Elon Musk’s Grok Will Soon Allow Users to Make AI Videos, Including of Explicit Nature
(DBN)

Fox’s Pro-Trump Message Gets Fact-Checked by Elon Musk’s X
(DBN)

Mark Zuckerberg says Meta Superintelligence now in sight but it won't be fully open source
(DBN)

'Dumb' AI Bots Collude To Rig Markets, Wharton Research Finds
(DBN)

An AI Ran a Vending Machine. It Ended Just How You’d Think It Would, But Worse
(DBN)

Samsung’s profit more than halves, missing expectations as chip business plunges 94%
(DBN)

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Education:

Universities leverage their real estate amid financial shortfalls and demographic cliff
(DBN)

Trump administration freezes $108M at Duke amid inquiry into alleged racial discrimination
(DBN)

Brown University strikes agreement to resolve discrimination complaints and restore federal funding
(DBN)

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Food/Beverage:

125-Year-Old Corona-College Heights Orange & Lemon Association Files Chapter 7 Bankruptcy, Closes
(DBN)

Oreo-maker Mondelez CEO says Americans are buying fewer snacks: 'There's a lot of consumer anxiety'
(DBN)

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Autos:

Toyota Sees Record Global Sales Despite Trump Tariff Turmoil
(DBN)

Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
(DBN)

BMW Profits Slump On China Woes, US Tariffs
(DBN)

Napa's Ford dealership files for bankruptcy; owner declares 'business as usual'
(DBN)

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Wind Energy:

Trump Mounts New Attack Against Wind Projects on Federal Land
(DBN)

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Food/Beverage:

How SNAP changes could impact grocers
(DBN)

Shares of world’s largest brewer AB InBev tumble 9% on declining volumes
(DBN)

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Climate:

The EPA gives up on climate change
(DBN)

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Personal Finance:

I graduated from Stanford a few months ago but can't land a job. I'm working 3 part-time gigs and struggling with shame.
(DBN)

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UK:

Stays on “actions” or “proceedings” when a company is in liquidation – what does this mean for secured creditors?
(DBN)

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EU:

Europe’s summer of humiliationThe EU has validated Trump’s bullying trade agenda
(DBN)

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Canada:

Province offers $300K lifeline to debt-ridden northern township
(DBN)

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Ireland:

The secrets inside the ‘chamber of horrors’ being exhumed at Ireland’s mass baby grave
(DBN)

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MENA:

Is MAGA Turning Against Israel?Republican Divide Over Gaza Grows in Wake of Trump’s Calls for More Aid
(DBN)

Israel Official Says 'No Deliberate Starvation in Gaza' Amid Backlash
(DBN)

The spin master in charge of feeding Gaza
(DBN)

Dozens killed while seeking food in Gaza as US envoy heads to IsraelGaza Civil Defence Says 30 Killed In Food Queue By Israeli Fire
(DBN)

Israeli minister hints at annexing parts of Gaza as hunger-related deaths mount
(DBN)

'Ours Forever': Would-be Israeli Settlers March On Gaza
(DBN)

Palestinians in West Bank village face new crisis as settlers cut off water
(DBN)

US, Israel Say Starmer’s Palestine Recognition Vow Rewards HamasFrance urges broader recognition of Palestinian statehoodMalta says it will recognize the state of Palestine, joining France and possibly BritainCanada 'Intends' To Recognize Palestinian State At UN General Assembly: Carney
(DBN)

Arab World Tells Hamas to End Gaza Rule, Lay Down Weapons
(DBN)

Syrian FM On Moscow Visit Says Wants Russia 'By Our Side'
(DBN)

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Brazil:

U.S. sanctions Brazilian Judge Alexandre de Moraes, who's overseeing case against Trump ally Jair Bolsonaro
(DBN)

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Russia:

Kyiv stonewalls as pressure mounts to confirm top economic watchdog
(DBN)

Zelensky Says 'Time To Confiscate' Russian Assets
(DBN)

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