June 30, 2025

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Judge blocks Trump order targeting law firm tied to Fox News, Dominion settlement Judge finds Trump executive order punishing Susman Godfrey law firm unconstitutional Susman Godfrey Executive Order Struck Down by Federal Judge Judge Sides With Susman Godfrey in 4th Law Firm EO Win Judge Emphasizes WilmerHale Order Covers All Federal Agencies Judge broadens scope of injunction on Trump executive order targeting law firm
(DBN)

Whistleblower attorney targeted by Trump wants injunction to regain security clearance
(DBN)

The Top Biglaw Firms In Chicago (2026)
(DBN)

‘Elite’ Biglaw Merger Approved, Poised To Become $2 Billion Firm
(DBN)

MAGA Attorney Threatens To Sue Journalists Over ‘Unpatriotic’ Reporting; Gets The Exact Response He Deserves
(DBN)

Are Lawyers More Likely To Suffer Health Problems?
(DBN)

Gen AI Is Defining Generational Split Among Legal Professionals
(DBN)

Trump Administration Terminates Legal Status for More Than 500K Immigrants U.S. Marine veteran says father's violent arrest by immigration agents was 'inhumane' 'We are not safe in America today:' These American citizens say they were detained by ICE Canadian citizen dies while in U.S. ICE custody in Florida Texas man born on U.S. Army Base abroad deported to country he's never been to and left stateless Trump Supporter Detained by ICE Thought Only Criminals Would Be Deported GOP Rep McCaul urges Trump admin to prioritize 'aggravated felons' when detaining illegal immigrants Protesters in Los Angeles are shifting their tactics as ICE detentions spread fear ICE Goes After Church Leaders and Christians Fleeing Persecution Border Agents Blast Into Home With Children Inside During California Raid: Report Concerns Grow Over Dire Conditions in Immigrant Detention Protesters line highway in Florida Everglades to oppose ‘Alligator Alcatraz’ Trump expected to visit the 'Alligator Alcatraz' detention facility this week Star witness against Kilmar Abrego García was due to be deported. Now he’s being freed Abrego Garcia’s lawyers slam Trump admin, seek his delayed release from jail Woman Suffers Medical Emergency While Being Detained by ICE Agents Noem Plots Rule Change to Fine Migrants Without Warning Iranian Woman Who Has Lived in US for Four Decades Detained by ICE Are ICE Agents Using Facial Recognition Phone App? What We Know Green Card-Holder With 2 US Citizen Kids Held by ICE for Over Two Months Families Face $2,150 Bill From Trump's Immigration Policies—Study Man Deported After Kicking Customs Dog into the Air Catholic Bishops Try to Rally Opposition to Trump’s Immigration Agenda Children of Deportees Should 'Go With the Parents'—Senator Mullin Workers Flee Taco Truck In California Amid ICE Raids Southern California influencer uses platform to alert residents of immigration raids
(DBN)

Birthright Citizenship: What Polls Show About Americans' Views Map Shows States Where Birthright Citizenship Still Allowed in US Trump and Bondi Won’t Say How Birthright Citizenship Will Be Enforced Group immediately cites Kavanaugh to stop birthright citizenship ban Court Fans Fear of State Patchwork in Birthright Citizenship
(DBN)

The Trump administration is building a national citizenship data system
(DBN)

DOJ announces plans to prioritize cases to revoke citizenship
(DBN)

Trump says he will move aggressively to undo nationwide blocks on his agenda
(DBN)

'Slow painful death': Man threatened to kill Alina Habba, called her a 'traitor,' DOJ says
(DBN)

Veteran DOJ Watchdog’s Exit Spurs Fears of Lax Trump Oversight
(DBN)

Newsom sues Fox News for defamation over story about phone call with Trump Seeks at least $787 million in damages Fox News Reacts To Newsom's $787M Lawsuit Over Trump Call Coverage
(DBN)

Trump loses latest bid to get Central Park Five defamation lawsuit tossed
(DBN)

Department Of Justice Investigates School With Majority White Faculty For Racial Hiring Bias
(DBN)

Pam Bondi fires three Jan. 6 prosecutors, sending another chill through DOJ workforce
(DBN)

Sean “Diddy” Combs Jury Set To Begin Deliberations; “Find Him Guilty,” Feds Implore Panel 'Not a god': arguments end in Combs trial ahead of deliberations Diddy Trial Nears End: 5 Key Moments from Prosecution Closing Argument Judge Admonishes Diddy Defense During Shocking Closing Arguments
(DBN)

"Rust" crew settles lawsuit against film producers and Alec Baldwin in fatal shooting
(DBN)

Reality TV star charged with decapitating boyfriend
(DBN)

Machete-wielding dad seeking daughter's ex-boyfriend kills woman he didn't know: Deputies
(DBN)

Mom who drove her teen kids to kill a man they believed was stalking them is sentenced
(DBN)

Man started Idaho blaze and then fatally shot 2 firefighters in ambush, officials say Suspected gunman found dead after fatal shooting of Idaho firefighters
(DBN)

Woman found dead in Florida clothing donation box after going in to get items and becoming stuck: cops
(DBN)

Florida man allegedly forged his dead mother's checks
(DBN)

Murders are down nationwide. Researchers point to a key reason
(DBN)

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Judges:

The Supreme Court gives Trump a wave of victories in a blockbuster final week
(DBN)

Nationwide injunctions likely exceed federal courts’ authority, Supreme Court says
(DBN)

Chief Justice Roberts warns against heated political words about judges Threats Against Federal Judges Are Reaching Epic Proportions
(DBN)

Sotomayor accuses colleagues of enabling 'lawless' behavior in birthright citizenship case
(DBN)

Trump Wants One of His Lawyers to Be One of His Judges
(DBN)

NYT’s Brooks: SCOTUS Is Right on Injunctions, Dems and I Hated Them on Abortion Pills Sure, NOW Nationwide Injunctions Are A Problem
(DBN)

Amy Coney Barrett Rebukes Ketanji Brown Jackson's 'Extreme' Opinion After criticism from MAGA world, Amy Coney Barrett delivers
(DBN)

5 takeaways from the Supreme Court’s birthright citizenship ruling
(DBN)

Supreme Court Declares Open Season On Public Education
(DBN)

Supreme Court to rehear case over Louisiana’s second majority-Black district
(DBN)

Appeals Court to Consider Trump’s Use of Alien Enemies Act
(DBN)

The US supreme court has dramatically expanded the powers of the president Liberal supreme court justices’ dissents reveal concerns that the US faces a crisis
(DBN)

Justices Let Parents Opt Children Out of Classes With L.G.B.T.Q. Storybooks
(DBN)

Supreme Court upholds Texas' age verification law for web sites
(DBN)

Trump scores victory as judge allows DOGE to access 'extremely sensitive information'
(DBN)

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Wall Street:

Stock futures rise as S&P 500 looks to add to record high
(DBN)

S&P 500 closes at a record Friday, overcoming even more trade angst Stock market reclaims February record peak. How the fundamentals and technicals look now vs. then
(DBN)

‘A strange calm’ has settled over the markets as investors ignore the risks ahead
(DBN)

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Layoffs:

'Where's our money?' CDC grant funding is moving so slowly layoffs are happening
(DBN)

Morale craters at State Department as mass layoffs loom
(DBN)

Fired by DOGE and Sick With Cancer
(DBN)

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Autos:

Tesla says it made its first driverless delivery of a new car to a customer
(DBN)

How China could shut down auto factories around the world
(DBN)

Driver fury as Hertz's new Orwellian scanners trigger instant $400 fines for barely visible scuffs
(DBN)

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Student Debt:

Student Loan Warning Issued Over Those With Debt
(DBN)

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Music:

Cheap concert tickets are gone forever
(DBN)

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Hotels:

Hotels: Occupancy Rate Increased 1.3% Year-over-year
(DBN)

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Tourism:

Las Vegas in May: Visitor Traffic Down 6.5% YoY; Convention Traffic up 10.7% YoY
(DBN)

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Retailing:

Saks Gets $600 Million Lifeline as Creditors Face Steep Losses
(DBN)

Trees n Trends to close all six locations
(DBN)

Retail Resurrection: David’s Bridal bets its future on AI after double bankruptcy
(DBN)

Heartbreak as furniture retailer to shutter 26 stores with big closing down sales
(DBN)

Dozens of stores you once loved that don't exist anymore
(DBN)

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Celebs:

Chrisleys reveal prison conditions, future plans after controversial Trump pardon
(DBN)

Floyd Mayweather Issues Defiant Statement After $27 Million Purchase Amid Bankruptcy Concerns
(DBN)

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Personal Finance:

Woman in $23K Debt Asks ChatGPT for Help—the Result Is Eye-Opening
(DBN)

Bartenders spill the beans on Gen Z's 'annoying' drink-by-drink payment habit
(DBN)

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Solar:

Sunnova solar assets stable, paying interest, while bankruptcy continues
(DBN)

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Economy:

Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
(DBN)

Trump has ramped up pressure on Fed Chair Powell to cut rates. There's one big reason it probably won't work.
(DBN)

Powell and Lagarde Count Cost of Trump’s Turbulence
(DBN)

A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
(DBN)

Fed Versus Trump on Tariffs Impact Will Soon Be Put to the Test
(DBN)

The World Economy Is on the Brink of Epochal Change
(DBN)

Q2 GDP Tracking: Moving Down, Still Wide Range
(DBN)

Small-business owners split on economy as inflation, cash flow issues loom large
(DBN)

Personal Income Decreased 0.4% in May; Spending Decreased 0.1%
(DBN)

Deep inside U.S. economy, sticker prices start going up due to tariffs Donald Trump to Invent Trade Deals for Countries That Refuse to Negotiate Trump Deals Poised to Fall Short of Sweeping Trade Reforms Trump says U.S. could send letters setting tariff rates rather than extend deadline — ‘Dear Mr. Japan, here’s the story’ Trump says he’s not planning to extend a pause on global tariffs beyond July 9 Trump says he's "terminating all discussions on trade with Canada, effective immediately" Canada Drops Digital Tax That Infuriated Trump to Restart Trade Talks UK autos spared under U.S. tariff cut but steel still in question Goldman Sachs warns tariffs won’t help the U.S. boost manufacturing productivity as tech in American factories continues to lag Indian Negotiators Extend US Stay as Trade Talks Gather Pace
(DBN)

Humiliation for Donald Trump as US trade deficit increases to £70 billion despite tariffs
(DBN)

Trump says he's working on a 'temporary pass' for immigrants in certain industries
(DBN)

Gold glitters as mistrust spreads
(DBN)

They’re in the Top 10% of Earners. They Still Don’t Feel Rich - WSJ
(DBN)

Stars, stripes and sticker shock? Certain cookout items may be more expensive this year, study finds
(DBN)

G7 agrees to exclude US from corporate minimum tax
(DBN)

The cities where white collar jobs are shrinking the most — and where they're growing
(DBN)

Rich Americans are increasingly unaware they’re classed as wealthy, say analysts
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Final Look at Local Housing Markets in May and a Look Ahead to June Sales
(DBN)

PCE Measure of Shelter Decreases to 4.1% YoY in May
(DBN)

Falling home prices are raising the risk of a deeper correction as the housing market cracks under high mortgage rates
(DBN)

The 10 most affordable states to buy a home if you're single
(DBN)

Is the US Housing Market Finally Shifting Toward Buyers?
(DBN)

Map Shows 10 Housing Markets Where Buyers Have More Power
(DBN)

Most expensive cities for renters who need childcare
(DBN)

Map Shows States Americans Are Moving From and To
(DBN)

Tenant invited landlord over for dinner to beat her, ram car into home: Deputies
(DBN)

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Municipalities:

Ohio town faces bankruptcy after exonerated resident is 'sick of waiting' for $45million payout
(DBN)

Why millionaires are planning to escape from New York
(DBN)

California Closes $12 Billion Budget Deficit With Hit to Migrants
(DBN)

Flint’s still-unfinished lead pipe replacement serves as cautionary tale to other cities
(DBN)

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Oil/Gas:

Gas prices are expected to fall: ‘It’s going to be the cheapest summer since 2021,’ one expert says
(DBN)

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Bankruptcy Crimes:

Hayward man hid $1M under his house in bankruptcy fraud case
(DBN)

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Politics:

Trump approval underwater, voters say US is on wrong track: Poll Trump's Immigration Approval Rating Hits New Low, Poll Shows
(DBN)

Donald Trump Notches His Best Week Yet
(DBN)

Stephen Miller Directs Trump’s Policies on Immigration, Ivy League
(DBN)

Tarrant GOP chair Bo French asks if Jews or Muslims are America's ‘bigger threat'
(DBN)

JD Vance is Crushing the 2028 Election Competition Right Now: Survey
(DBN)

Senate advances 940-page domestic policy bill after swaying Republican holdouts Trump megabill narrowly advances in Senate despite two GOP defections G.O.P. Toils to Find Votes for Policy Bill as Senate Prepares to Debate Thune, Vance cut deal with Senate conservatives to save GOP megabill Trump Tax Bill Hits Senate as GOP Torn by Competing Demands It takes a long time to read Trump’s 940-page, foot-high bill aloud. Democrats are counting on it Trump says Republicans could miss July 4 deadline to pass ‘big beautiful’ spending bill Senate removes provision that would sell off public lands from megabill Republicans restore bill language eliminating $200 fees for silencers and short-barrel rifles Updated Senate bill slashes wind and solar incentives – and adds a new tax Wealthy Silicon Valley Investors In Line for $17 Billion Windfall in GOP Tax Bill Elon Musk Calls Donald Trump's Big Beautiful Bill 'Political Suicide' Musk Rages: Trump Law 'utterly Insane' Musk renews attacks on Trump's "big, beautiful bill," says it will "destroy millions of jobs"
(DBN)

Senate Bill Would Add at Least $3.3 Trillion to Debt, Budget Office Says
(DBN)

Trump threatens backing primary challenge against Sen. Thom Tillis over his vote Republican Sen. Thom Tillis of North Carolina won't seek reelection after saying he'll oppose Trump's tax bill.
(DBN)

Trump Suggests He’ll Pressure CNN/NYT Reporters to Give Up Their Sources On Iran Strike Stories — And Then Prosecute the Leakers
(DBN)

Senate Reconciliation Bill Could Add Over $4 Trillion to Debt
(DBN)

'Insane and destructive': Elon Musk resumes attacks on Trump's spending bill
(DBN)

How Sergio Gor Cashed in With Trumpworld
(DBN)

Zohran Mamdani on Why He Won Marjorie Taylor Greene, Tucker Carlson praise Mamdani campaign 8 Top Democrats on Zohran Mamdani’s Win and the Future of Big City Politics Zohran Mamdani says 'I don't think we should have billionaires' Bernie Sanders Warns Establishment 'In Panic' After Zohran Mamdani Win Kathy Hochul Sidesteps Endorsing Zohran Mamdani for NYC Mayor Mamdani’s Win Is More Striking When You Look at How He Won Zohran Mamdani Proposes Taxing 'Whiter Neighborhoods' in NYC Zohran Mamdani Won Big. 8 Insiders Lay Out What That Means for the Democratic Party Not just Mamdani: Centrist Democrats can win on affordability, too Can Mamdani’s Energetic Campaign Be a Blueprint for Democrats? Mamdani may join a global trend of mayors standing up to nationalists Does a Mamdani Victory and Bezos Blowback Mean Billionaires Beware? House Republican Wants Zohran Mamdani Deported Trump says Mamdani must ‘do the right thing’ if elected mayor of NYC — or risk losing funding Zohran Mamdani says mayors shouldn't 'police speech' when asked to condemn 'globalize the intifada' slogan How Democrats in America’s most Jewish city embraced a critic of Israel
(DBN)

How $29 sandwiches pushed New York to socialism
(DBN)

The inside story of Andrew Cuomo’s campaign collapse
(DBN)

Kamala's comeback bid sparks Democrat donor meltdown amid fears she'll sink party in California
(DBN)

Political Violence Is Part of the American Story. It Is Also Changing After Minnesota shootings, young lawmakers ask: Is politics worth it?
(DBN)

Fans criticize Beyoncé for shirt calling Native Americans ‘the enemies of peace’
(DBN)

Dowd: Obfuscating on Obliterating
(DBN)

Republican senators propose slashing size of intel office led by Tulsi Gabbard
(DBN)

‘Go **** Yourselves’: National park visitors slam feds in leaked park comments
(DBN)

Mitch McConnell Breaks Cover to Trash ‘Rabid’ JD Vance
(DBN)

DOGE enters ATF with mandate to slash gun regulations
(DBN)

DOGE Terminates Nearly 3,000 Government Phones
(DBN)

To fight Trump's funding freezes, states propose a new gambit: Withholding federal payments
(DBN)

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Theme Parks:

Ex-CEO of Ocean Parks Fined $10,000 a Day in Spat With Lenders
(DBN)

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Food/Beverage:

Beloved Sandwich Chain Rocked by Franchise Bankruptcy Filing After Closing 600 Stores
(DBN)

Rite Aid’s Thrifty ice cream brand gets sold to a business entity linked to Monster Energy executives
(DBN)

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Telecom:

EchoStar Making Delayed Interest Payments, Averting Default EchoStar pays $500M to stay out of bankruptcy and to buy time for FCC talks
(DBN)

EchoStar Soars 13 Percent as Bankruptcy Fears Subside
(DBN)

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Fraud:

Investors fear bankruptcy waiver permitted former Pickleball Rocks CEO to escape prosecution
(DBN)

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Comic Books:

Diamond Seeks to Take and Sell Consignment Inventory; Another Major Departure Consignment or Confiscation? Diamond’s Bankruptcy Leaves Publishers Guessing
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

19 Giant U.S. Companies on the Brink of Bankruptcy
(DBN)

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Litigation Funding:

Litigation Finance Fee Lowered in New Version of Senate Tax Bill
(DBN)

Litigation Finance Tax Closes Loopholes for Exploiting Investors
(DBN)

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Privacy:

Court Approves 23andMe Sale to Founder's Non-Profit for $305 Million Despite Privacy Concerns
(DBN)

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Aviation:

Delta warns of continued disruption at Atlanta airport after severe storms cause canceled flights and the evacuation of an air traffic control tower Over 400 flights canceled into, out of Atlanta 100 Delta planes pulled for damage inspection after hailstorm pummels Hartsfield-Jackson Atlanta International Airport
(DBN)

FBI warns of cybercriminal group targeting airline industry
(DBN)

Flight attendant demands passenger spit out Zyn, leaving travelers confused about policies
(DBN)

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Education:

Higher Ground Education Files Pre-Arranged Chapter 11 Plan After Losing Nearly 150 Schools to Foreclosures
(DBN)

Some community college students could lose their financial lifeline under the 'Big, Beautiful Bill'
(DBN)

Trump Justice Dept. Pressuring University of Virginia President to Resign Donald Trump Scores Higher Education Victory Over DEI Efforts
(DBN)

What the Right Learned From the Left About Policing Colleges
(DBN)

Conservative justices hand religious parents a huge win in suit over LGBTQ books at school
(DBN)

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Religion:

After centuries of isolation, ultra-Orthodox Jews engage with the world more than ever
(DBN)

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Ride Hailing:

Why you might be paying Uber more money for slower pick-ups, according to a new study
(DBN)

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Tech:

People Are Being Involuntarily Committed, Jailed After Spiraling Into "ChatGPT Psychosis"
(DBN)

Why Tech Billionaires Want Bots to Be Your BFF
(DBN)

Meet world’s most expensive AI girlfriend who can serve coffee & speak 4 languages – but costs same as three-bed house
(DBN)

Amazon robotic fulfillment center opens to public for tours
(DBN)

Controversy Erupts As Scientists Start Work To Create Artificial Human DNA
(DBN)

Trump teases a buyer for TikTok: A group of 'very wealthy people'
(DBN)

Two Judges, Same District, Opposite Conclusions: The Messy Reality Of AI Training Copyright Cases
(DBN)

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Climate:

The Population Bust Won’t Solve the Climate Crisis
(DBN)

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Pensions:

The nation's largest public pension fund faces a probe launched by concerned retirees
(DBN)

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Healthcare:

Waterbury writes off $18.4M in hospital taxes amid Prospect bankruptcy
(DBN)

G.O.P. Bill Has $1.1 Trillion in Health Cuts and 11.8 Million Losing Care, C.B.O. Says
(DBN)

Senate GOP Restores Medicaid Cuts to Trump Tax Package
(DBN)

"When is cancer political?" Medical researchers, patients decry Trump admin's layoffs, budget cuts
(DBN)

Supreme Court upholds Affordable Care Act’s preventive care mandate
(DBN)

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Sovereigns:

China rolls over $3.4 billion loans to Pakistan, say sources
(DBN)


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UK:

Homeslice administrators prepare CVA proposal in bid to save business
(DBN)

UK's Prax Group files for insolvency Prax Group, Owner of Lindsey Oil Refinery, Enters Insolvency
(DBN)

Barrister suspended over failure to comply with court order
(DBN)

The Insolvency Company expands its team in South West
(DBN)

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EU:

How Europe Got Tough on Migration
(DBN)

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Russia:

The Grandfathers Fighting on Ukraine’s Front Lines
(DBN)

Russia launches largest airstrike since start of the war, Ukraine officials say
(DBN)

Women can be drafted into the Danish military as Russian aggression and military investment grows
(DBN)

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China:

Cloudy with a chance of bankruptcy: US tariffs hurt China’s solar firms
(DBN)

As Trump touts tariff deal, China pitches itself as global trade leader
(DBN)

China’s manufacturing activity contracts for a third month amid deflation woes
(DBN)

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MENA:

Israel's leaders slam a news report on a Gaza 'killing field' near food sites Netanyahu denounces report that Israeli soldiers have orders to shoot at Palestinians seeking aid
(DBN)

Trump administration announces $30 million in funding for Gaza aid group called a "death trap" by U.N.
(DBN)

Israel considers new Gaza offensive unlike previous invasions as hostage talks falter Trump calls for ceasefire in Gaza as Israeli military orders more evacuations
(DBN)

Trump Urges Israel-Gaza Ceasefire: 'Make the Deal'
(DBN)

Israel says it killed Hamas co-founder in Gaza City strike
(DBN)

Israeli settlers rampage at a military base in the West Bank
(DBN)

US did not use bunker-buster bombs on one of Iran’s nuclear sites, top general tells lawmakers, citing depth of the target Trump reveals he is willing to bomb Iran again and warns the Ayatollah he was close to an 'ugly' death UN Nuclear Watchdog Humiliates Trump With Brutal Iran Assessment Senate votes down measure restricting Trump from further military action in Iran Intercepted call of Iranian officials downplays damage of U.S. attack
(DBN)

Republican Says 'Most' of Iran's Uranium Is Still There
(DBN)

Inside Op Red Wedding – Israel’s fierce wave of assassinations killing 30 Iran generals in first minutes of 12-day war Iran holds first state funerals for military leaders, nuclear scientists killed in Israeli strikes Thousands Gather in Tehran to Mourn Dead from Israel Strikes
(DBN)

‘Israeli spies in Iran for years’: How the Mossad operated long-term in Tehran
(DBN)

Iran crackdown deepens with speedy executions and arrests
(DBN)

Trump administration exploring $30 billion civilian nuclear deal for Iran
(DBN)

Trump slams Israel’s prosecutors over Netanyahu corruption trial
(DBN)

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Norway:

Norwegian prince Marius Borg Hoiby, 28, charged with three rapes amid slew of allegations against disgraced royal
(DBN)

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Mexico:

Mexicans in US Are Sending Less Money Home—Experts Are Divided on Why
(DBN)

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Australia:

SBR appointments have surged as program awareness spreads, ASIC says
(DBN)

Melbourne lawyer fled Australia with $1.2m after filing for bankruptcy, court case alleges
(DBN)

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France:

French artificial heart maker Carmat files for insolvency
(DBN)

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Germany:

12,000 German firms declare bankruptcy in six months
(DBN)

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Ireland:

Insolvency levels jump in Q2 but remain similar to 2024 - PwC
(DBN)

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South Korea:

Court terminates bankruptcy of Woongjin Energy, cites lack of funds for proceedings
(DBN)

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