March 26, 2025

The Daily Bankruptcy News

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Law:

Trump signs order targeting law firm that employed Mueller team prosecutor Trump signs executive order against law firm Jenner & Block Jenner & Block Latest Biglaw Firm Targeted By Trump Donald Trump widens war on legal industry with order targeting Jenner & Block Is Skadden About To Feel The Wrath Of The Trump Administration? Law firms divided over response to Trump orders Fight or cut a deal? Law firms face stark choice under Trump Some law firms are fighting back against Trump. Paul Weiss isn't one of them Does Anyone Actually Support The Paul Weiss Decision To Bend A Knee? Alumni of Robert Mueller-linked law firm denounce 'craven surrender' to Trump over EO Paul Weiss Interview Aged Like Raw Milk Law firms refuse to represent Trump opponents in the wake of his attacks One Elite Lawyer Refuses To Back Down From A Fight With Trump
(DBN)

Former Skadden associate says ABA inspired her letter asking BigLaw to push back on White House executive orders
(DBN)

How Law Firms Singled Out by EEOC for DEI Practices Can Respond
(DBN)

Jessica Aber Death Update as Police Say No Foul Play Suspected
(DBN)

As DOJ employees fear what comes next, alums form group to help
(DBN)

Latham Scraps On-Campus Interviews to Recruit Summer Associates
(DBN)

Top Law Firms in California: Lawyer Monthly Rankings
(DBN)

The American Constitutional Society Calls On Quiet Law School Deans To Speak Up
(DBN)

New Hampshire law school found noncompliant with ABA accreditation standard
(DBN)

Trump orders declassification of FBI’s Russia investigation
(DBN)

Before resigning, top prosecutor drafted letter to Bondi in last-ditch bid to salvage Eric Adams case Newly unsealed memo sheds light on Justice Department’s rush to drop NYC mayor’s corruption case
(DBN)

Trump floats possibility of compensation for Jan. 6 rioters
(DBN)

Trump Administration Sued Over Signal War Plans Texts: What We Know Trump Cabinet Officials in Group Chat Flap Face a Lawsuit
(DBN)

Tattoos, flyers and deleted photos: The limited evidence the Trump administration is using to try to deport migrants Florida debates lifting some child labor laws to fill jobs vacated by undocumented immigrants DHS suspends green card processing for refugees, asylees US Courts Near Southern Border Prep for Immigration Case Spike Troops to start surveillance at border Maxine Waters’ Shocking Call to Deport Melania Trump Over Immigration Policies DHS Arrests 68 Tren De Aragua Gang Members in Less Than 1 Week
(DBN)

Luigi Mangione wants a laptop in jail while he awaits trial in killing of UnitedHealthcare CEO
(DBN)

Gunman who killed 23 in racist attack at Texas Walmart is offered plea deal to avoid death penalty
(DBN)

Racketeering claims against Sean Combs dismissed in producer's sexual assault lawsuit
(DBN)

Devastating tragedies rock Texan Sheriff's Office with four deputy suicides in six weeks
(DBN)

Man who killed girlfriend because she told him she wouldn't have his baby learns his fate
(DBN)

Colorado is poised to pass some of the toughest gun laws in the country
(DBN)

3 teens chased mom into the street wielding knives after she shut off Wi-Fi: Police
(DBN)

Man 'had enough' of arguing with girlfriend, so he shot and killed her: Cops
(DBN)

3 Phoenix officers disciplined for violent arrest of Black man with disabilities caught on video
(DBN)

World’s longest-serving death row prisoner awarded $1.4 million after acquittal – that’s $85 for each day
(DBN)

Doctor attempted to kill wife by trying to push her off Hawaii trail and bashing her with rock, police say
(DBN)

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Judges:

Federal judge’s warning about potential violence after Trump’s comments was not ethics violation, 3rd Circuit says
(DBN)

Trump’s Judicial Foe Was Kavanaugh’s Roommate, Had GOP’s Backing
(DBN)

DC Circuit Judge Reminds Us We Were Nicer To *Literal Nazis* Than Venezuelan Nationals
(DBN)

‘Plaintiffs underscore the error of their position’: Trump admin asks appeals court to block injunction over DOGE ‘dismantling’ of USAID, quickly wins 3-day pause

Majority of Americans believe presidents should obey the courts, Reuters/Ipsos poll finds
(DBN)

Supreme Court Is Buckling Up for a Season of Legal Showdowns Over Trump Policies
(DBN)

Johnson stresses Congress’s power over courts: ‘Desperate times call for desperate measures’ Speaker Mike Johnson floats eliminating federal courts as GOP ramps up attacks on judges House Speaker Floats Judiciary Funding Cuts in Courts Battle
(DBN)

Johnson sets expectations on judicial impeachments
(DBN)

Appeals court allows Trump administration to suspend approval of new refugees amid lawsuit
(DBN)

Trump Refuses to Disclose Deportation Flights Data to Judge
(DBN)

Trump administration to lay out defense of Venezuela deportations despite judge's order
(DBN)

Judge rules Columbia protester can't be detained as she fights deportation
(DBN)

Supreme Court to hear “nondelegation” challenge to telecom access program
(DBN)

Judge blocks funding freeze for Radio Free Europe/Radio Liberty
(DBN)

Judge Orders U.S. to Stop Attempts to Deport Columbia Undergraduate
(DBN)

Judge temporarily bars effort to defund Radio Free Europe
(DBN)

US judge questions Trump's passport policy targeting transgender people
(DBN)

States Say Trump Violating Order to Release Federal Spending
(DBN)

Trump Suggests Frightening New Charges Against Judges Who Oppose Him
(DBN)

Republican Moves Against Judge Despite Justice John Roberts' Warning
(DBN)

For Wisconsin liberals, upcoming Supreme Court race is first test of ‘lessons learned’
(DBN)

Climate change case that ‘ignited a movement’ ends with Supreme Court’s cert denial
(DBN)

Federal judge who sought female attorneys among class counsel has acknowledged sex-bias concerns, order says
(DBN)

Physician Who Examined Judge Newman Defends Work After Criticism
(DBN)

Trump’s Power to Stack the Courts Hinges on Pool of Aging Judges
(DBN)

House to vote on a second bill dealing with federal judges
(DBN)

Big Storm Brewing owner defied court orders to cede control of his companies
(DBN)

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Wall Street:

Stock futures are little changed after S&P 500 notches three-day win streak
(DBN)

Barclays cuts S&P 500 target to lowest on Wall Street as tariff pressure mounts
(DBN)

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Layoffs:

Secretive Chinese network tries to lure fired federal workers, research shows
(DBN)

Amscan closes Chester distribution center, cuts 471 workers
(DBN)

Treasury Plans ‘Substantial’ Layoffs as Part of Musk’s DOGE Push
(DBN)

More than 35,000 jobs in North Carolina at risk under potential federal cuts, new report says
(DBN)

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Food/Beverage:

Is Chipotle closing? Panic breaks out over restaurant's unfounded bankruptcy rumor
(DBN)

McCormick Removing Food Dyes With RFK Jr. Targeting Additives
(DBN)

Kroger blames Albertsons for merger's demise in new court filings
(DBN)

That $20 burrito you order from DoorDash could now cost you $70
(DBN)

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Childcare:

The immigration crackdown threatening to break America’s child care system
(DBN)

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Education:

Art school faces bankruptcy amid dispute with Santa Ana Unified
(DBN)

Columbia faculty groups sue Trump administration over funding cuts, academic demands
(DBN)

Columbia student preemptively sues Trump admin over possible plans to deport her
(DBN)

Trump trying to deport Cornell activist over lawsuit he filed against POTUS, student says
(DBN)

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Religion:

Judge rules Gateway Church tithe fraud suit won’t go to discovery, at least for now
(DBN)

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Economy:

Consumer confidence plummets to lowest level since January 2021 Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low Rising fears of tariffs pummel US consumer confidence to four-year low
(DBN)

US consumers slow spending as inflation bites, Synchrony says
(DBN)

How much eggs cost every year since 1980—in one chart
(DBN)

Recession is coming before end of 2025, ‘pessimistic’ CFOs say: CNBC survey
(DBN)

Top Federal Reserve official says market angst over inflation would be ‘red flag’
(DBN)

Half of American Households Hold 97.5% of the National Wealth
(DBN)

Recession signs are flashing in 44 states as tariff risks and DOGE cuts threaten growth
(DBN)

Moody's says US fiscal strength on course for continued decline
(DBN)

Fed’s Kugler Watching Pickup in Prices, Inflation Expectations
(DBN)

Trump’s latest trick could make tariffs more palatable EU trade chief meets with Trump officials to try to head off 'harmful' tariffs US Tariffs on Copper Imports May Come Within Weeks Trump may reportedly impose copper tariffs ahead of schedule, futures hit record high Trump Says He Doesn’t Want ‘Too Many’ Exceptions in Tariff Push
(DBN)

Dalio Warns House GOP of Debt Peril as Lawmakers Weigh Tax Cuts
(DBN)

Trump Pick Pledges to Protect Social Security During DOGE Cuts
(DBN)

The Social Security crisis, briefly explained Long waits, waves of calls, website crashes: Social Security is breaking down Democrats grill Social Security nominee over disruptions Trump pick to run Social Security says has not thought about privatization Seniors are flooding AARP with concerns about their Social Security retirement benefits Social Security chief: DOGE access to systems revoked after court order 'Literally die': Social Security insider warns fraud obsession grinds whole agency to halt
(DBN)

The invisible homeless crisis that official statistics miss
(DBN)

Over 4 million Gen Zers are jobless—and experts blame colleges for ‘worthless degrees’ and a system of broken promises for the rising number NEETs
(DBN)

Career Choices Are a Main Driver of the Gender Gap
(DBN)

Sleepwalking Into a Cashless Society
(DBN)

Federal workers ordered back to office find shortages of desks, Wi-Fi and toilet paper
(DBN)

Treasury scraps reporting rule for U.S. small business owners
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

US Home-Price Gains Picked Up in January, Fueled by Tight Supply National House Price Index Up 4.1% year-over-year in January
(DBN)

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

New Home Sales Increase to 676,000 Annual Rate in February US new home sales rebound in February
(DBN)

Illinois returns stolen land to Prairie Band Potawatomi Nation
(DBN)

Why homebuyers are gaining a bittersweet edge right now
(DBN)

California's Home Insurance Market Faces New Threat
(DBN)

L4L Investment Files Chapter 11 in ND GA
(DBN)

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Oil/Gas:

Pure Aviation Files Chapter 11 in Western District of Texas
(DBN)

Oil companies prepare for a showdown with Pres. Trump’s ‘drill, baby, drill’ agenda
(DBN)

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Politics:

Damning Yemen group chat reflects an administration indifferent to the rule of law The amateurism of the Trump White House As top Trump aides sent texts on Signal, flight data show a member of the group chat was in Russia How the app used for the text group can leave the door open for spies and hackers Mike Waltz takes 'full responsibility' for text group including a journalist Trump was upset at Waltz for having a reporter’s cell — not just for potentially exposing national security secrets Trump calls criticism of Waltz over group chat ‘unfair’ Donald Trump says Mike Waltz does not need to apologize over group chat disaster Donald Trump Reveals How He Tinks Signal Group Chat Leak Happened Two very different types of Republicans are fighting over Mike Waltz Waltz takes 'full responsibility' – and calls Atlantic editor 'scum' White House says security leak fiasco is a 'coordinated' plot against Trump Could members of Trump’s admin. be in legal trouble? Hear what a legal scholar thinks The Laws That May Have Been Broken in the War Planning Group Chat Trump administration’s use of disappearing Signal messages to discuss military strikes not allowed under record law, experts say Alyssa Farah Griffin Picks Out ‘Stunning’ and ‘Insane’ JD Vance Detail From Military Plans Leak Trump now knows which deputies tried to block his policy ‘That’s A Lie!’ Jeffrey Goldberg Smacks Down Hegseth Denial Over Blockbuster Leak Top intel officials shift responsibility on to Hegseth for sending potentially classified info to Yemen strike group chat Atlantic editor suggests he’s open to sharing Hegseth’s full war plans texts publicly Trump Backs Waltz After Journalist Reveals Yemen Strike Chat Kremlin targeting app at heart of White House group chat leaks House Republican on war plans chat: ‘There’s no doubt that Russia and China saw this stuff’ How secure is Signal? Cyber experts weigh in on Trump administration’s use of the encrypted app for war planning Pentagon Warned Staff About Signal’s ‘Vulnerability’ a Week Before Airstrike Leak ‘Nobody is above the law’: Trump officials who criticized Clinton’s emails now under scrutiny for leaked war plans Jon Stewart’s take on the damning Yemen group chat Top US Intel Officials Defend Signal Chats Seen by Journalist If Hillary’s Emails Were Disqualifying, So Is Team Trump’s Group Chat But Her Emails? President Trump’s foreign policy goals in focus after a group chat security breach Will Trump Fire Anyone For the Leaked War Plans Group Chat? Trump Defends National Security Advisor Waltz Amid Reports His Job’s On The Line Waltz attacks Atlantic journalist over war plan chat, says they ‘never met’ Trump downplays national security team texting military operation plan on Signal as a minor 'glitch' Fox’s Brit Hume on Hegseth’s response to war plans texts: ‘Oh for God’s sake’ Trump team sparks fury with 'sickening' choice of emojis Trump Just Handed His Biggest Enemy in Media a Slam Dunk Tulsi Gabbard's Tweet About Classified Info Goes Viral After Signal Leak
(DBN)

China Swoops In to Replace Asian USAID Projects Axed by Trump
(DBN)

Trump signs order seeking to overhaul US elections, including requiring proof of citizenship Trump's new executive order could upend voting
(DBN)

Inside Pete Hegseth’s Rocky First Months at the Pentagon
(DBN)

Who is the most popular U.S. political figure?
(DBN)

Elon Musk’s ‘What Did You Do Last Week?’ Email Clogs Government Inbox
(DBN)

Danish Leader Raps US for ‘Unacceptable Pressure’ on Greenland Vance to accompany wife to Greenland amid backlash US visit to Greenland is unacceptable, Danish prime minister says
(DBN)

Crockett calls Texas Gov. Abbott, Who Uses A Wheelchair, ‘Governor Hot Wheels’ Crockett hit with censure effort for mocking paraplegic Texas gov as 'Hot Wheels' ‘The stigma is real’: Disability rights advocates disappointed in Jasmine Crockett’s ‘Governor Hot Wheels’ quip
(DBN)

MAGA Influencers May Have Been Paid to Break With RFK
(DBN)

CA town halls not going well for Dems, either
(DBN)

Some world leaders invoke Trump to justify political crackdowns
(DBN)

Huckabee says it is ‘better to bankrupt’ Iran than to bomb it, in partisan confirmation hearing
(DBN)

What the Bernie Sanders and Alexandria Ocasio-Cortez mega-rallies are really about
(DBN)

Energy Department considering cutting hydrogen projects in Democratic states
(DBN)

MAGA pastor vows to direct God to 'be an enemy to your enemies' for $1K
(DBN)

Conservatives are picking up the unconstitutional weapons that intolerant progressives have deployed against them
(DBN)

Donald Trump’s Approval Rating Plunges With Baby Boomers
(DBN)

DeSantis says Florida is ‘returning’ $900 million to the feds. Not really.
(DBN)

Musk set to earn billions from Trump administration
(DBN)

US Officials’ Scaled-Back Greenland Tour Offers Denmark Relief
(DBN)

Walmart Heir Christy Walton Takes a Bold Stand Against Trump in Full-Page Ad
(DBN)

Democrats Declare Victory In District Donald Trump Won By 15 Points
(DBN)

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Bioplastics:

Danimer Scientific has filed for Chapter 11 bankruptcy amid stalled customer commitments, liquidity issues tied to expansion costs, and underutilized production capacity, and plans to sell assets
(DBN)

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Media:

Trump says he would like to see funding end for NPR, PBS
(DBN)

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Agribusiness:

Don't Bail Out Farmers Again
(DBN)

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Celebs:

'The Real Housewives of New Jersey's Teresa Giudice Slammed With $300K Tax Lien
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Arbitration:

Arbitration Clause In A Discharged Contract Is Unenforceable—Unless Weaponized (Rogne v. Digital)
(DBN)

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Cross-Border:

Insights from INSOL Hong Kong 2025
(DBN)

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Negotiation:

Getting to Yes: The Role of Coercion in Debt Renegotiations
(DBN)

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Corporate Governance:

Delaware lawmakers to vote on corporate bill critics call giveaway to billionaires
(DBN)

Musk’s War on Business Court Spurs Bill Pushed by Private Equity
(DBN)

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Liability Management:

Uptiers in 2025: Impact of the Serta and Mitel Decisions on Liability Management Exercises
(DBN)

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Mass Torts:

Abuse claimants in Vermont Catholic bankruptcy case seek details about local assets
(DBN)

Bill may delay justice for sexual abuse survivors, group says
(DBN)

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Aviation:

State lawmakers are looking to ban non-existent ‘chemtrails.’ It could have real-life side effects.
(DBN)

US judge orders June trial for Boeing 737 Max fraud case
(DBN)

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Healthcare:

California hospital fails to meet ‘insolvency’ definition, appellate court rules Appeals court denies Hazel Hawkins Chapter 9 bankruptcy protections
(DBN)

Penn Medicine denies Crozer acquisition reports Crozer Health is operating on fumes, and could run out of gas
(DBN)

How Are Hospitals Faring Financially In 2025?
(DBN)

Trump turns homelessness response away from housing, toward forced treatment
(DBN)

Measles cases rise to 370 in Texas and New Mexico, say state health departments Measles Patient Took Amtrak to DC on March 19, Officials Say
(DBN)

Massive Study of 40 Countries Shows America Is an Outlier in the Worst Way
(DBN)

A Supreme Court case about abortion could destroy Medicaid
(DBN)

5 high-level officials leave CDC
(DBN)

CDC is pulling back $11B in Covid funding sent to health departments across the U.S.
(DBN)

Trump administration aims to freeze family-planning grants
(DBN)

New wave of Texas bills could let providers refuse contraceptives over moral obligations
(DBN)

As opposition to fluoride grows, rural America risks a new surge of tooth decay
(DBN)

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Autos:

FBI launches task force targeting anti-Tesla ‘domestic terrorism’ Tesla just got even more bad news from Europe Trump Regime Goes ‘War on Terror’ Against Tesla Protesters, Claims They’ve Got WMDs Is Tesla Leaving Europe? Massive Sales Drop and Musk’s Controversy Could Signal the End Tesla has flirted with disaster before. This time feels different ‘Over 1 Million’ People Wanted a Cybertruck. Where Are They?
(DBN)

March Vehicle Forecast: Sales Increase to 16.6 million SAAR, Up 5.9% YoY
(DBN)

Nissan's new CEO says the Japanese automaker will move faster to achieve a turnaround
(DBN)

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Wood Products:

Filing Alert: TimberHP Chapter 11
(DBN)

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Climate:

The EPA: Let’s forget about climate change
(DBN)

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Student Debt:

‘Borrowers have zero power’: Trump moving student loans to SBA sparks concern, confusion
(DBN)

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Personal Genomics:

New York AG urges 23andMe users to delete accounts as bankruptcy fuels privacy concerns Senator Issues Warning Over 23andMe Data 23andMe’s DNA database is up for sale. Who might want it, and what for? The trust problem with 23andMe Why 23andMe’s Genetic Data Could Be a 'Gold Mine' for AI Firms The battle for 23andMe's DNA customer data 23andMe thought its DNA data would help research. Then reality hit Pending bankruptcy exposes how genetic code has power to explore, exploit 23andMe Site Went Down as Customers Struggled to Delete Data 23andMe Went From a $6 Billion Giant to Bankruptcy. Its Former CEO Won’t Walk Away - WSJ 23andMe's bankruptcy is not just a finance story, it is a potential privacy crisis Concerns erupt over DNA biometric data 23andMe’s bankruptcy doesn’t diminish its impact From spit to bankruptcy: the rise and fall of 23andMe
(DBN)

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Tech:

Tech is turning on Trump
(DBN)

Local newsrooms grappling with AI assisted reporting
(DBN)

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Fraud:

From Feeding the Kids to Fleecing the Government: Inside the Country's Largest COVID Fraud
(DBN)

Tennessee Man Convicted in $2 Million Ponzi Scheme
(DBN)

Roglieri trial moved to summer due to 'complex' case for prosecutors
(DBN)

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Tax:

Insult to Injury: Trump's Tax on Paying Taxes
(DBN)

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UK:

U.K. expected to unveil more spending cuts amid troubled times for the economy
(DBN)

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EU:

Fury at US plot to 'extort' Europe over key global shipping route as extraordinary security bungle reveals Team Trump branding closest allies 'pathetic freeloaders' Europe fumes at Trump team’s insults in leaked Signal chat
(DBN)

The Trump administration has harsh words for Europe. In private, they’re even harsher
(DBN)

Some US embassies in Europe post warnings to would-be visa seekers: Watch your step
(DBN)

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Canada:

‘A serious, serious issue’: Canada’s Carney jabs Trump admin after war plans leak fiasco
(DBN)

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Russia:

US Sees Russia, Ukraine Choosing a Longer War Over a Bad Deal
(DBN)

Russia has ‘seized the upper hand’ in Ukraine war, intel community warns
(DBN)

Trump Says It’s Possible Putin Is Dragging His Feet on Ceasefire
(DBN)

Ukraine, US Teams Said to Be Holding More Talks in Saudi Arabia
(DBN)

Russia and Ukraine agree to Black Sea ceasefire, White House says
(DBN)

Ukraine's Zelenskiy says Russia already manipulating accords brokered by US
(DBN)

Zelenskiy Says Ukraine to Implement Partial Ceasefire Now
(DBN)

Putin is just playing Trump for time
(DBN)

Russia wins concession in U.S.-led talks with grain export deal
(DBN)

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MENA:

Hundreds of Gazans march in rare anti-Hamas protest
(DBN)

Israel Deploys Troops in Syria as Part of New Defense Doctrine
(DBN)

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China:

Legality of discharging guarantor liability in reorganization plans
(DBN)

A Chinese scholar shares some thoughts about what Trump is doing to the U.S.
(DBN)

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