October 2, 2025

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Elite Biglaw Firm Increases Office Attendance Mandate For Attorneys Around The Globe
(DBN)

In-House Counsel Hiring Far Outpaces Law Firm, Government Growth
(DBN)

Another Boutique Firm Emerges — And This One Is Paying Above The Cravath Scale
(DBN)

Filling In The Void Caused By Biglaw’s Cowardice
(DBN)

Are the Law Firm Settlements with the Trump Administration Illegal?
(DBN)

Reed Smith LLP Appeals to Second Circuit Over Client Representation in Eletson Holdings Case
(DBN)

Hundreds of celebrities relaunch a McCarthy-era committee to defend free speech
(DBN)

Trump Memo Threatens to Expand Censorship of Political Speech
(DBN)

Utah Breaks New Ground with Skills-Based Alternative to Traditional Bar Exam • Utah joins states letting law grads skip bar exam for hands-on experience
(DBN)

All The Cool Kids Are Passing The Bar, All The Cooley Kids… Not As Much
(DBN)

Law Firm Mergers Surge as Industry Prioritizes Global Reach and Technological Integration
(DBN)

BigLaw associate wins ‘Big Brother,’ attributes victory to hiding profession and channeling Elle Woods
(DBN)

What happens when introverts and extroverts work together?
(DBN)

Shorter workweeks are in—at least at these firms
(DBN)

Generative AI can give lawyers a huge edge in negotiations
(DBN)

AI Transforming, Not Replacing, Paralegal Roles in the Legal Sector
(DBN)

Billionaire Michael Platt Sues His Tax Lawyer After Court Case Losses
(DBN)

Insurance counsel writes poetry about law school, going to court and the practice of law
(DBN)

Alabama man files lawsuit against immigration authorities after citizen’s repeat arrests in raids • Florida was a top destination for immigrants who came to the US under Biden • 300 ICE agents swarm Chicago apartment complex in Venezuelan gang raid • Mitt Romney was right: Self-deportation works • ICE Buys Sinister Tool Built to Map Your Everyday Movements • How Washington Became a Testing Ground for ICE • Trump's legal crackdown on "sanctuary" cities and states yields few results so far • Inside ‘Alligator Alcatraz’: Color-coded uniforms, 5:30 am breakfast and strict rules
(DBN)

Trump Deploys National Guard to Tackle ‘Mayhem’ at Oregon ICE Protests
(DBN)

29 Local Governments, Led by San Francisco, Sue Trump Administration Over Conditions to Emergency Funding
(DBN)

Florida federal prosecutor fired after old alleged anti-Trump blog posts surface
(DBN)

The Wall Street Firms That Kept Ties With Jeffrey Epstein Until the End
(DBN)

FBI Severs Connection with Anti-Defamation League
(DBN)

Diddy’s request for acquittal or new trial denied by judge • Diddy Brings the Power of Positive Thinking to Jail
(DBN)

Louisiana issues arrest warrant for California doctor who allegedly sent abortion pills
(DBN)

Mormons Raise $190K for Family of Gunman Who Attacked Their Church
(DBN)

Son accused of brutally beating his mother to death with gardening tool over inheritance: police
(DBN)

Iowa teen dies after being mistaken for squirrel during hunting trip, officials say
(DBN)

NJ teen girls killed in quiet suburb by alleged stalker who ran them down in Jeep after months of harassment
(DBN)

Dad told kids 'good morning' before gunning them down as they woke up for school: Cops
(DBN)

Woman set ex's house on fire after he didn't go to concert with her: Cops
(DBN)

Details emerge about mom who streamed tying herself to 3 kids before hurling them in pool
(DBN)

'Normal discipline': Mom bound kids' wrists, shoved them down a flight of stairs, cops say
(DBN)

14-year-old stabbed parent and another woman to death then bragged on Snapchat: Police
(DBN)

Cops discover missing woman stuffed in attic after failing to find body in first search
(DBN)

Woman shot sleeping son, then stabbed him to death as he cried 'Mommy': Police
(DBN)

Woman goes berserk in Little Caesars after being told extra sauce costs $1: Cops
(DBN)

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Judges:

Federal Courts Stay Open While Preparing for Shutdown Limits • Federal Judiciary Can Pay Staff Two Weeks Longer in Shutdown • US judiciary says courts can sustain operations through October 17 in shutdown • Shutdown Threatens Court Operations
(DBN)

New High Say Supreme Court Is Too Conservative
(DBN)

Trump Policy Fights Face Court Delays With Government Shutdown
(DBN)

Former judge is likely the next leader of the Mormon church and its 17 million members
(DBN)

Court rules Trump’s US attorney in Nevada was unlawfully appointed
(DBN)

Judge blocks Trump admin from cutting $34M in funds for NY counterterrorism
(DBN)

Denying Noncitizens Bond Hearings Violates Rights, Judge Says
(DBN)

“Michigan Supreme Court Revises Judicial Anti-Bias Rule Amid Stakeholder Concerns”
(DBN)

Judge quotes wife in ruling against Trump: ‘He ignores everything and keeps bullying ahead’
(DBN)

Reagan Judge Compares Trump Administration Tactics To Ku Klux Klan
(DBN)

Trump wants to use U.S. cities as military 'training grounds.' Can judges stop him?
(DBN)

Education Department can cut half of OCR staff for now, appeals court rules
(DBN)

Judge who said she showed compassion for sentenced defendant is suspended for disregarding the law
(DBN)

California woman sentenced to prison for anti-abortion threat to Amarillo judge
(DBN)

Conservative judges take sharply opposing sides in Alien Enemies Act case
(DBN)

North Carolina’s Proposed Bill to Allow Lawsuits Against Judges Over Repeat Offender Releases: A Legal and Public Safety Debate
(DBN)

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Wall Street:

Stock Futures Inch Up as Shutdown Enters Second Day
(DBN)

Wall St rebounds; investors shrug of jobs data, U.S. shutdown
(DBN)

As stock market booms, Americans have more at stake than ever
(DBN)

S&P 500 closes above 6,700 for first time as traders bet on short-lived shutdown
(DBN)

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Layoffs:

Nearly 90 percent of EPA furloughed as government shuts down • E.P.A. Employees Still Working Despite Shutdown Plan Calling for Furloughs
(DBN)

Federal layoffs day or two away, budget director tells Republicans on shutdown call • Trump Plans to Use Shutdown to Fire Federal Workers This Week • Trump threatens mass layoffs as shutdown begins. Can he do that?
(DBN)

Finance Firm Raistone Cuts Workers After First Brands Collapse
(DBN)

Blue Ridge Power to lay off over 500 employees in North Carolina
(DBN)

Spirit Airlines announces furloughs of flight attendants in multiple cities
(DBN)

Google cuts more than 100 design-related roles in cloud unit
(DBN)

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Education:

Sylvan Learning franchise owner files for bankruptcy, closes multiple tutoring centers
(DBN)

Stephen King is the most banned author in US schools, PEN report says
(DBN)

Iowa district hired superintendent despite false Morgan State doctorate claim on his resume
(DBN)

Republicans Demand Information From Firms That Help Set College Prices
(DBN)

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Tech:

GenAI: Protecting Privilege and Work Product
(DBN)

Why Is Wolfspeed Stock Plummeting Today?
(DBN)

Musk Axed X Engineer After Truth About His Poor-Performing Posts
(DBN)

'Godfather of AI' Remains Concerned as Ever About Human Extinction
(DBN)

Citi begins retraining 175,000 employees in working with AI: ‘great prompting versus basic prompting to generate impactful results’
(DBN)

A.I. Fighter Jets and Cockroach Spies: Inside the Changing Business of War
(DBN)

First An AI Actor, Now The AI Director: Italian Producer Andrea Iervolino Unveils Feature Helmed By Virtual Auteur
(DBN)

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Autos:

First Brands Obtains Bankruptcy Judge Approval for $500 Million Rescue Financing
(DBN)

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Hotels:

Hotel guests are slamming resort fees as ‘the biggest scam in travel’
(DBN)

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Agribusiness:

Trump Says To Push China's Xi On Soybeans As US Farmers Struggle • Trump’s Signal on China Trade Talks Lifts Soybean Prices
(DBN)

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Food/Beverage:

American Unagi files for Chapter 11 bankruptcy
(DBN)

Filing Alert: Razzoo's Chapter 11
(DBN)

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Economy:

US Manufacturing Activity Contracts for Seventh Straight Month • ISM® Manufacturing index at 49.1% in September
(DBN)

Grocery price pain rises, in warning sign for Trump and GOP
(DBN)

Traders have even greater expectations for a December Fed rate cut after seeing a historically unreliable jobs report
(DBN)

The government shutdown is likely to cement additional Fed interest rate cuts
(DBN)

Shutdown furloughing federal workers imperils business-critical data
(DBN)

Government shutdown means Fed lacks crucial data as it considers rate cuts
(DBN)

‘We believe we are in a stagflation period’: U.S. manufacturers stuck in slump that shows no sign of ending
(DBN)

‘Not a good sign.’ Weak demand continues amid tariff uncertainty: PMI
(DBN)

‘Buffet Indicator’ Gives Worrying Sign for Economy
(DBN)

US government shutdown unlikely to affect sovereign ratings in near term, Fitch says
(DBN)

Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now
(DBN)

Summers Says Miran Gave Weakest Fed Governor Speech in Memory
(DBN)

Stiglitz Denounces US 'Government Run By Oligarchs'
(DBN)

U.S. Lost 32,000 Jobs in September, Says Payroll Processor • US private sector employers shed most jobs since 2023 • Weak Jobs Report Sparks Backlash
(DBN)

Trump Keeps Blurring the Line Between Capitalism and Socialism
(DBN)

Gold prices soar to new records amid US government shutdown
(DBN)

The vital signs for the U.S. jobs market were already flickering before the employment report was delayed. Just how bad is it?
(DBN)

Boardroom Diversity Commitments Fade Amid Broad DEI Retreat
(DBN)

Young People Are Richer Than Boomers Were
(DBN)

Why mothers are leaving the workforce
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Freddie Mac House Price Index Up 1.6% Year-over-Year
(DBN)

U.S. Mortgage Rates Rise, Stalling Nascent Recovery In Home Demand
(DBN)

FTC Says Zillow Paid Redfin $100M To Stop Competing On Rental Listings
(DBN)

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

What the federal government shutdown means for the mortgage industry
(DBN)

A Once Unstoppable Luxury Housing Market Is Starting to Crack
(DBN)

NYC public housing tower partially collapses after an explosion
(DBN)

Almost no one is building new apartments in Los Angeles. Here's why
(DBN)

Multiple North Carolina homes crumble into ocean as Hurricanes Humberto, Imelda roared off Atlantic shore
(DBN)

Fort Worth home builder files for Chapter 11 bankruptcy after disputed land deal
(DBN)

____________

Municipalities:

White House Freezes $18 Billion in NYC Funding as Shutdown Hits
(DBN)

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Oil/Gas:

Trump Keeps Oil Permits Moving in Shutdown, Halts Renewables
(DBN)

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Healthcare:

‘Immediate Jeopardy' finding reported at unidentified Prospect hospital in CT
(DBN)

Blythe residents will soon have to drive at least 100 miles to receive medical care
(DBN)

Government shutdown puts hospital funding in peril
(DBN)

Stagnant health system margins reflect ‘ongoing financial strain’: 5 notes
(DBN)

Insurers Spend Big to Save Obamacare Subsidies at Center of Shutdown Fight
(DBN)

Government shutdown begins: What healthcare leaders should know
(DBN)

Louisiana woman’s death highlights weak hospital oversight after Steward collapse
(DBN)

Krugman: Understanding the Coming Premium Apocalypse
(DBN)

Republican senator outlines working group’s ideas for extending Obamacare subsidies
(DBN)

Babies could be born without biological mothers
(DBN)

Commercial insurance prices can vary $200K+ across procedures: Report
(DBN)

Most regional payers are operating at a loss: 5 notes
(DBN)

Emergency abortion denials by Catholic hospitals put woman in danger, lawsuit claims
(DBN)

Why healthcare coverage for millions of Americans is at the heart of the government shutdown
(DBN)

____________

Politics:

Donald Trump’s Approval Rating Falls With Republicans • Donald Trump’s Approval Rating Suddenly Shifts with Richest Americans • Obama’s Favorability Compared to Trump’s—Poll
(DBN)

Most Voters Think America’s Divisions Cannot Be Overcome, Poll Says
(DBN)

A poll finds a growing agreement that political violence may be necessary to right the country
(DBN)

Donald Trump's executive order signings show unprecedented and historic trend
(DBN)

Trump uses government shutdown to dole out firings and political punishment • Flashback Trump: President to Blame for Shutdown... 'Tremendously negative mark' • Who Trump Officials Deem Essential in Shutdown Raises Eyebrows • Trump admin uses government sites to blame Democrats for shutdown • What’s the economic damage from a government shutdown? These numbers tell the tale. • US government shutdowns raise uncertainty but rarely have lasting effect on economy • Bezos’ Paper Blasts Dems for Marching Into Trump’s Shutdown Trap • Republican and Democratic Lawmakers React to Government Shutdown as Blame Game Ensues • Democrats See No Need to Capitulate, Nor Republicans to Cut a Deal • JD Vance Doesn't Expect a Long Shutdown, Sees Democrats "Cracking" • How Government Shutdowns Got More Severe and Further Reaching • Trump Quietly Benefits From Fallout of Gov Shutdown • Vote to end government shutdown fails in Senate as Democrats hold firm on health care demands • Trump's smug photos inside Oval Office as government shuts down - including sinister prop on desk • Senate defeats House-passed bill to reopen government, despite Democratic cracks • 3 members of Democratic caucus buck Schumer on government funding vote • Trump’s shutdown circus will backfire with voters • Johnson: Shutdown ‘ultimately could be a benefit’ if Trump administration eliminates programs • Will Social Security Be Affected by the Government Shutdown? • How the US Government Shutdown Will Affect Key Agencies • Even the Statue of Liberty’s Torch Could Go Dark During Shutdown • National parks will remain ‘generally’ open during the shutdown • How the shutdown impacts everything from Social Security to the post office • Trump Keeps His Pet Projects Protected as Shutdown Chaos Hits Everything Else • How Student Loans Are Affected by a Government Shutdown: What to Know • Shutdown Silences US Embassies Online • White House targets Democratic states in shutdown fight • Trump administration cancels nearly $8 billion in climate funding to blue states: Vought • NASA employees on Artemis missions with SpaceX, Blue Origin to work through shutdown • Recurrent Government Shutdowns Highlight Short Voter Memory in US Politics
(DBN)

Hegseth’s decision on Wounded Knee medals sparks outrage in Native American communities • Hegseth’s military meeting triggers fears, head scratching and praise • The US military has long been an engine of social change. Hegseth’s approach runs counter to that • ‘Could have been an email’: Officials balk at Hegseth's generals meeting • Highly sensitive Pete Hegseth leak explodes inside Pentagon as he launches dystopian lie detector tests
(DBN)

Krugman: Bulging Biceps Don’t Win Modern Wars
(DBN)

U.S. Mood Subdued as Crime, Unity Concerns Rise
(DBN)

Defense Officials Fume at Hegseth’s ‘Inexcusable’ Rant to Generals
(DBN)

Trump Cabinet Chief Reveals Super Creepy Encounter With Jeffrey Epstein Over Massage Table
(DBN)

Donna Brazile: Democrats’ path to victory in 2025 and beyond
(DBN)

He’s Young, Talented and Openly Religious. Is He the Savior Democrats Have Been Waiting for?
(DBN)

Vance: Schumer ‘terrified’ of primary challenge from Ocasio-Cortez
(DBN)

Legal threats hang over N.J. governor's race after CBS News report on Mikie Sherrill's military records
(DBN)

Ted Cruz mercilessly mocked for proclaiming, ‘Let’s stop attacking pedophiles’ in awkward slip-up
(DBN)

White House fires much of the National Council on the Humanities
(DBN)

At hearing, Democrats say the Texas redistricting process was flawed from the start • Federal hearing on Texas' controversial congressional maps begins: How we got here.
(DBN)

YouTube Bends the Knee
(DBN)

____________

Pharma:

Drugmakers Buoyed as Trump Deal Eases Worst Fears on Pricing
(DBN)

Trump claimed a win on drug prices, but Big Pharma also scored
(DBN)

____________

Crypto:

New York Tightens Rules on Crypto Custody: Customer Assets Must Stay Protected Even in Insolvency
(DBN)

Coinbase to face narrowed shareholder lawsuit
(DBN)

____________

Firearms:

Texas gunmaker rebounds from bankruptcy
(DBN)

____________

Celebs:

Why Damon Dash’s $25M Bankruptcy Might Not Save His Films
(DBN)

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Debt Collection:

Debt Collection Calls Soaring In Florida
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Corporate ‘Mega’ Bankruptcies Soar Amid ‘Financial Distress’
(DBN)

______________

Mass Torts:

Alex Jones Bankruptcy Doesn’t Shield Infowars Assets, Judge Says
(DBN)

Sale of Alex Jones' Infowars in limbo as bankruptcy trustee hasn't found a buyer
(DBN)

Vermont Catholic bankruptcy case may open to more accusers of clergy sexual abuse
(DBN)

Deadline for Buffalo Diocese to submit Bankruptcy Proposal • Buffalo Diocese Files Chapter 11 Reorganization Plan
(DBN)

Buffalo Diocese Withdraws Jones Day Retention Amid Conflict Concerns in Bankruptcy Case
(DBN)

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Miscellaneous:

$51 Trillion ... Dollars
(DBN)

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Events:

2025-2028 Bankruptcy Events Calendar
(DBN)

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Appeals:

Ninth Circuit Rules that Decision Reimposing the Automatic Stay is Immediately Appealable
(DBN)

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Class Equality:

Federal Judge’s Ruling in ConvergeOne Case Reaffirms Bankruptcy Class Equality
(DBN)

____________

Litigation Finance:

Unlocking Archaic Laws: Kalshi’s Innovative Legal Gambit Signals New Era in Litigation Finance
(DBN)

____________

Aviation:

Spirit Airlines Faces Scrutiny Over Pre-Bankruptcy Optimism in Class-Action Lawsuit • Spirit Airlines Reaches Key Deals in Bankruptcy Restructuring
(DBN)

Airlines warn US government shutdown may slow flights • How the government shutdown and TSA could delay your flight
(DBN)

Delta jets have ‘low-speed collision’ on the ground at New York’s LaGuardia, injuring 1
(DBN)

____________

Religion:

Houses of worship tighten security amid rising number of attacks
(DBN)

Pope intervenes in US abortion debate by raising what it really means to be pro-life
(DBN)

Pope Leo XIV takes aim at climate skeptics as he embraces predecessor's environmental legacy
(DBN)

____________

Retailing:

At Home wins approval for bankruptcy restructuring plan • Beloved furniture chain saved from bankruptcy in last minute buyout and will keep all 230 stores • At Home set to emerge from bankruptcy with most of its stores • Home furnishings retailer to emerge from bankruptcy, but will close these 40 locations
(DBN)

Outten Brothers Home Furnishings to close after 78 years
(DBN)

____________

Student Debt:

Student-Loan Debt Is Strangling Gen X
(DBN)

Student Aid Scams: More Ghost Student Cons Emerge as FAFSA Goes Live
(DBN)

Yes, you still have to pay your student loans during the government shutdown
(DBN)

____________

Sports:

USA Cricket files for bankruptcy just ahead of hearing opposite ACE
(DBN)

Football’s colossal unpaid taxes revealed as England legend is declared bankrupt
(DBN)

____________

Coal:

US added more coal capacity than wind in July: FERC
(DBN)

Krugman: Fossil Fuels and Fossilized Minds
(DBN)

____________

Personal Genomics:

23andMe Files Second Amended Bankruptcy Plan • Chrome Holding Co. files second amended bankruptcy plan with new claim classes and settlement
(DBN)

____________

Autos:

First Brands obtains bankruptcy judge approval for $500 million rescue financing
(DBN)

CLOs see $2B of exposure to bankrupt First Brands debt as ‘manageable’
(DBN)

Utah-based leasing giant challenges First Brands rescue loan
(DBN)

Buyers Rush For EVs, Giving Carmakers a Needed Sales Boost
(DBN)

Tesla’s Less-Bad Quarter Offers Reprieve in Midst of Sales Slump
(DBN)

Leasing a Tesla just got more expensive
(DBN)

Automakers Extend $7,500 EV Discount After Federal Subsidy Expires
(DBN)

____________

UK:

Manchester company used as front for unlicensed insolvency activities is shut down
(DBN)

Café owner in affluent London enclave faces bankruptcy after heartless crooks burgle her more than 50 times
(DBN)

Thames Water set to be saved from bankruptcy as £1billion rescue package unveiled
(DBN)

Firm linked to UK lingerie tycoon must repay $163 million for breaching COVID contracts
(DBN)

U.K. Synagogue Hit by Deadly Stabbing, Ramming Attack
(DBN)

____________

Canada:

Canada issues warning for citizens with gender-neutral passports traveling to U.S.
(DBN)

____________

Ireland:

Corporate insolvency edges down 5% but creditor actions surge – Deloitte
(DBN)

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Germany:

3 alleged Hamas members arrested in Germany on suspicion of plotting attacks on Jewish institutions
(DBN)

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MENA:

Israel orders Palestinians to leave Gaza City, saying those who stay will be considered militants
(DBN)

West Bank and East Jerusalem: Palestinian Life in 7 Charts • Israeli Life in 2025 in 7 Charts
(DBN)

Trump commits US to defending Qatar’s security • Trump issues executive order declaring any attack on Qatar be treated as a threat to U.S. security • ‘Are You Ready to Die for Qatar?’ Conservatives Rage Over Trump Pledge to Defend Terror Sponsor • Why Trump’s pledge to defend Qatar is so extraordinary
(DBN)

Hamas Pressed by Arab, Muslim States to Accept Trump’s Gaza Plan
(DBN)

____________

Russia:

French special forces board Russian tanker linked to 'drone ship' reports - just miles off the coast of France
(DBN)

EU Presses Ahead to Unlock €140 Billion From Russian Assets • Russia Drafts Plan to Seize Assets If EU Acts on Funds
(DBN)

____________

China:

Trump says he and Xi to meet in four weeks, discuss soy
(DBN)

____________

Brazil:

Brazil energy ministry seeks federal cash injection for Eletronuclear amid insolvency risk
(DBN)

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Argentina:

Argentine assets hit by fresh selling amid worries over US bailout • Bail Out Argentina
(DBN)

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India:

IBBI and ED reach solution on insolvency law and PMLA interface issues
(DBN)

SC suggestions on bankruptcy reforms will be implemented: Officials
(DBN)

Baijayant Panda to chair select committee on Insolvency and Bankruptcy Code Bill
(DBN)

Insolvency law has helped reduce banks' NPAs says official
(DBN)

Insolvency Professionals Need Self-Regulation: Official
(DBN)

____________

Mexico:

Ciudad Juárez feeling the pressure of tariffs and mass deportations from the US
(DBN)

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Australia:

Former owner of more than 20 pubs across Sydney and Melbourne declares bankruptcy after owing $1.8 billion • Adgemis bankruptcy won’t end liquidator’s pursuit • Pub owner’s huge call over $1.8bn debt • Sydney hotels up for sale as pub baron Jon Adgemis seeks bankruptcy
(DBN)

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