October 3, 2025

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

3-Column Formating

 

Law:

Law Firms Shy Away From Challenging Trump On ABA’s Behalf
(DBN)

ABA and Trump Administration Clash: Former Leaders Support Association in Intimidation Allegations Case
(DBN)

Climbing Back To The High Of Law Firm Merger Mania
(DBN)

Jones Walker Welcomes Bankruptcy Attorney Katie Lasky as Partner in New Orleans
(DBN)

Greenberg Traurig Strengthens Real Estate Financing, Restructuring Practices, Adding Anke Johann in Munich
(DBN)

Greenberg Snaps Up Two Latham PE and Restructuring Partners to Launch in Abu Dhabi
(DBN)

Quinn Emanuel lawyers resort to crowdfunding to stop their abuser
(DBN)

How Will Generative AI Impact Legal Work?
(DBN)

Legal Teams Can Tap AI to Redesign Workflows, Focus on Revenue
(DBN)

Harvey Snags Even More Seats In The T14!
(DBN)

From Fly-By-Night To Looking Fly: Starting A Law Firm On The Fly In 2025
(DBN)

Judge tosses $300M RICO suit against 2 major firms, saying it would be ‘futile’ for plaintiffs to amend complaint
(DBN)

Suit by fired Akerman partner alleges she was ‘pestered’ on medical leave, treated less favorably based on race and sex
(DBN)

Former associate who alleged sex assault by BigLaw partner is sued for defamation
(DBN)

Baker McKenzie Says Fired Lawyer’s ‘Lies’ Are ‘Retribution’ • Baker McKenzie Faces Legal Battle Over Alleged Wrongful Termination Tied to Personal Relationship
(DBN)

New York Federal Court Dismisses $300 Million Fraud and Racketeering Case Against Leading Law Firms
(DBN)

Tough Crowd At Marquette Law School
(DBN)

Former stylist for Sean "Diddy" Combs details his alleged abuse, says he feared for his life the "whole time"
(DBN)

Trump Advisor Says ICE Agents Will Be at Super Bowl for Bad Bunny’s Halftime Show • Terrifying moment ICE agent holds family at gunpoint and smashes car window ‘There’s a baby inside’ • I.C.E. Transfers 18 Migrants From Guantánamo, Emptying Detention Site • Trading on Tom Homan: Inside the Push to Cash in on the Trump Administration’s Deportation Campaign • Des Moines Schools Superintendent Arrested by ICE Faces New Gun Charge • In Iowa, a sleepy city is moved to protest for a beloved superintendent detained by ICE • The Iowa Immigration Case That Is a Bipartisan Embarrassment • Judge Denies Asylum for Dad Wrongfully Deported by Trump • Immigration Judge Rejects Abrego Garcia’s Efforts to Seek Asylum in U.S. • Federal government expected to take new DACA applications again • Apple removes ICE tracking apps after Trump AG pressure
(DBN)

Trump’s New Prosecutor Plunges Her Office Into Chaos With Revenge Firings
(DBN)

Judge Calls Out Trump Appointee For Cosplaying As Federal Prosecutor
(DBN)

DOJ fires top national security prosecutor after he's questionably linked to Comey pushback
(DBN)

Indictment of James Comey Raises Broad Legal Concerns Over Chilling Effect on Defense Lawyers
(DBN)

Kash Patel pulls the plug on ADL’s FBI training on extremism
(DBN)

FBI fires agent trainee who displayed Pride flag, sources say
(DBN)

Cops: Accused Vandal Confessed To ChatGPT
(DBN)

Chicago Cop Who Falsely Blamed an Ex-Girlfriend for Dozens of Traffic Tickets Pleads Guilty but Avoids Prison
(DBN)

Police raid Dali exhibition, say works on display were fake
(DBN)

Well-known inmates hire this consultant to help them navigate life behind bars
(DBN)

Mom who tortured 4-month-old girl with hot steam had 'wished' for a boy: Police
(DBN)

Sheriff's deputy guilty of killing girlfriend while 'training' her in firearms
(DBN)

Man guides cops to where he and Army buddy dumped their dismembered roommate: Police
(DBN)

Man killed his grandmother because she was 'criticizing how he does his laundry': Police
(DBN)

Florida man ends up bruised and bloodied after breaking into MMA fighter's house: Police
(DBN)

Street ambassador asks man to stop using drugs near kids, gets blown away with shotgun: DA
(DBN)

'Right-of-way' fight in parking lot sparks shovel attack and fatal gunfire: Cops
(DBN)

14-year-old boy's plan for a 'massacre' at high school included color-coded maps: Police
(DBN)

______________

Judges:

“Heightened Scrutiny: Jackson Walker LLP Faces Allegations of Concealment in Bankruptcy Judge’s Affair”
(DBN)

Honorable Christopher D. Jaime named Chief Bankruptcy Judge for the Bankruptcy Court for the Eastern District of California
(DBN)

BK OR: Judge Peter C. McKittrick Designated as Chief Judge
(DBN)

Judge Warren, BK WD NY: Notice to Counsel and Litigants Regarding AI-Assisted Research
(DBN)

Canadian Mail Delivery and Impact on Judiciary Operations
(DBN)

BK SD NY: General Order M-656 In Re: Stay of Certain Proceedings and Tolling of Deadlines Pending the Restoration of Department of Justice Funding.
(DBN)

Extensions of Time and Stays of Bankruptcy Matters Due to Lapse in Federal Funding and Government Shutdown
(DBN)

How the federal judiciary will continue operations during shutdown • Courts Will Still Operate During Government Shutdown: Here’s How
(DBN)

Judges Order Some Trump Court Cases to Go on Despite Shutdown
(DBN)

Federal judge slaps down Trump admin effort to pause case over government shutdown
(DBN)

Supreme Court Halts Repatriation of Child to Venezuela Amid Legal and Humanitarian Complexities
(DBN)

Judges Order Some Trump Court Cases to Go on Despite Shutdown
(DBN)

Is Humphrey’s Executor headed for Slaughter?
(DBN)

U.S. Judge’s Critique Sparks Debate Over Federal Prosecutors’ Standards and Due Process
(DBN)

Amy Coney Barrett Wants You To Know That She’s Not The Supreme Court’s Next ‘Swing Justice’
(DBN)

Chief justice’s legacy, emergency docket, president’s power likely themes of new SCOTUS term
(DBN)

The Supreme Court fight over whether gay and trans people can be “cured,” explained
(DBN)

Justice That Said Abortion Is Unconstitutional Fails To Carry Semester To Term
(DBN)

Federal Circuit Seeks Deadline Extension in Judge Newman’s Suspension Case Amid Government Shutdown
(DBN)

Dad jailed for terrifying judge
(DBN)

______________

Wall Street:

Stock futures are little changed as AI trade drives market to fresh highs, shutdown grinds on
(DBN)

Multinationals race ahead as dollar slump divides US stock market
(DBN)

______________

Layoffs:

US layoffs fall in September but year-to-date planned hiring at lowest in 16 years
(DBN)

Government Officials Break With Trump on ‘Mass Firing’ Plans
(DBN)

Dubuque Bank Lays Off Dozens of Workers
(DBN)

Immigration contractor laying off nearly 200 people
(DBN)

______________

Religion:

Pope Leo's critique of Trump ends honeymoon with conservative Catholics
(DBN)

Robert Morris, Texas megachurch pastor, pleads guilty to sexually abusing a child
(DBN)

____________

Agribusiness:

Illinois soybean farmers in ‘danger of bankruptcy’ due to tariffs
(DBN)

Farmers, a key GOP constituency, hit hard by shutdown
(DBN)

Trump making plans to send billions in cash bailouts to farmers with taxpayer money
(DBN)

____________

Climate:

Study shows the world is far more ablaze now with damaging fires than in the 1980s • Costly and Deadly Wildfires Really Are on the Rise
(DBN)

Swiss glaciers shrank 3% this year, the fourth-biggest retreat on record
(DBN)

____________

Economy:

More Americans are living paycheck to paycheck, putting retirement out of reach, report finds
(DBN)

Fed's Goolsbee Says Labor Market Is Still Pretty Steady
(DBN)

Marc Lasry: Fed lowering rates may stave off recession
(DBN)

Maybe the Fed Shouldn’t Be Cutting Interest Rates
(DBN)

US Job Growth Is Slowing Even Without Government Data to Show It
(DBN)

Investors could face a bonfire night surprise on Trump tariffs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

Inflation Adjusted House Prices 2.7% Below 2022 Peak; Price-to-rent index is 10% below 2022 peak
(DBN)

CMBS Delinquency Rate Falls After 6 Months of Increases
(DBN)

The housing hustle igniting a foreclosure crisis in Baltimore
(DBN)

Fannie Mae and Freddie Mac Ease Some Mortgage Rules During Government Shutdown
(DBN)

Shutdown threatens to stall rural loans and flood insurance
(DBN)

Fort Worth’s Village Homes seeks bankruptcy amid land sale fight
(DBN)

____________

Politics:

Trump touts shutdown as ‘unprecedented opportunity’ to cut more Democratic priorities • Democrats Dismiss Trump Firing Threats as US Shutdown Drags On • Inside John Thune’s strategy for ending the shutdown • Everybody in Washington hates a shutdown until it becomes a useful tool • Elizabeth Warren on why Democrats had to shut down the government • Donald Trump threatens permanent spending cuts as US shutdown continues • Shutdown politics ripple into bellwether governors races • Mike Johnson: Republicans ‘have nothing to negotiate’ on shutdown • Alexandria Ocasio-Cortez says Schumer and Jeffries are leading the Democrats' shutdown fight • Thune digs in on 'stupid' shutdown: Talks with Schumer are 'not going to accomplish a lot' • ‘Gen Z Is in the House!’ and Other Cringe Moments in the Democrats’ Shutdown Marathon • Democrats dig in on shutdown demands after Russ Vought ‘bully’ tactics • Government shutdown puts vital Northeast tunnel project in peril — again • Here's what happens on key dates during the shutdown • US to lose $15B in GDP each week of a shutdown, White House memo says • National Parks To Furlough Nearly 9,300 Staff But Stay Partially Open During Shutdown • Early polls show Trump and GOP taking more blame than Democrats for shutdown • Trump’s Spin Not Convincing Voters Dems Are Responsible for Shutdown • Education Dept. staff surprised to find email automatically changed to blame Democrats for shutdown • What the early polls say about the shutdown • Battered federal workers brace for weeks without pay • The real reason Democrats forced a government shutdown
(DBN)

Trump hits independent agencies, spares the big stuff – for now
(DBN)

Trump Cut Biden-Era Energy Projects in Blue States. Red States Got to Keep Theirs.
(DBN)

White House threat of new green cuts has Democrats seeing red
(DBN)

Trump FactCheck: “You never heard Biden say” the U.S. has “the strongest military anywhere in the world.”
(DBN)

Trump ‘Determined’ the U.S. Is Now in a War With Drug Cartels, Congress Is Told • Lawmakers From Both Sides Pressed Pentagon on Legal Basis for Cartel Boat Strikes
(DBN)

U.S. used a transnational crime unit to secretly target campus protesters
(DBN)

Hundreds of societies have been in crises like ours. An expert explains how they got out.
(DBN)

GOP strategists panic as Trump tanks with key voter blocs: 'May not be extremely happy'
(DBN)

'Underwater': Young voters, Black Americans sour on Trump as job market struggles
(DBN)

Gavin Newsom trolls Trump with savage ‘Marie Antoinette’ pic over ballroom work amid shutdown
(DBN)

Mike Johnson Caught on Camera Admitting Trump Is ‘Unwell’
(DBN)

Trump Literally Laughed At by Leaders of Countries Whose ‘War’ Trump Claims to Have Ended
(DBN)

Vance Explains Trump’s Racist Shutdown Posts Are ‘Funny’
(DBN)

Head of Eisenhower library resigns after sword spat with Trump administration
(DBN)

Trump plans to block funding to groups that promote diversity policies abroad
(DBN)

Mamdani’s mandate problem
(DBN)

Andrew Cuomo says he'd 'welcome' endorsement from Eric Adams, but not Trump, in NYC mayoral race
(DBN)

Rand Paul Compares Trump Taking Stakes In Private Companies to Zohran Mamdani’s Socialism
(DBN)

The Dark Side Driving Pete Hegseth
(DBN)

Frenzied conservatives invest millions in panic rooms, bulletproof cars and robot guards triggered by Charlie Kirk's assassination
(DBN)

Hegseth, Vought actions heighten fears about inspector-general independence
(DBN)

'NATO for nonprofits': Groups organize to band together if targeted by Trump
(DBN)

European leaders mock Trump over Albania-Armenia mix-up
(DBN)

____________

Food/Beverage:

Razzoo's Cajun Cafe files for Chapter 11 bankruptcy
(DBN)

Inside troubled whiskey brand's financials: Unpaid bills, liens, frozen credit
(DBN)

____________

Media:

Gallup: Trust in Media at New Low of 28% in U.S.
(DBN)

____________

Sports:

USA cricket crisis worsens as USAC files for bankruptcy
(DBN)

$10,000 Tickets, Bourbon Deals: Colleges Hunt Revenue to Pay Athletes
(DBN)

____________

Hotels:

Occupancy Rate Decreased 4.2% Year-over-year
(DBN)

California Hotel Redevelopment Stalls After Chapter 11 Filing
(DBN)

____________

Finance:

Corporate borrowers face funding trade-off as PIMCO flags debt market ‘cracks’
(DBN)

____________

Private Credit:

Short seller Jim Chanos predicts more First Brands fiascos in private credit
(DBN)

First Brands’ Fallout Exposes Risks of Lending Private Credit
(DBN)

____________

Fraud:

Swizz Beatz Can’t Escape $7.3 Million 1MDB Fraud Case, Court Rules
(DBN)

Tacoma-based bank sued as part of Ponzi scheme that cost investors $230M
(DBN)

____________

Assisted Living:

Genesis sues HHS over attempted decertification during bankruptcy
(DBN)

____________

Corporate Governance:

Legal Shopping Spree Continues in Internal Affairs Disputes: Key Case Developments
(DBN)

____________

Healthcare:

Alabama hospital could close within the next month after debt default, bankruptcy
(DBN)

Investment group warns Jackson Hospital could close in 30 days without new funding
(DBN)

Palo Verde Healthcare District Files for Bankruptcy
(DBN)

Ombudsman reports on post-bankruptcy status of care at The Villages Health
(DBN)

Trump's new $100K visa fee could pummel red state hospitals
(DBN)

With ACA Premiums Set To Double, Government Shuts Down
(DBN)

Federal health programs under a shutdown
(DBN)

The facts behind the government shutdown debate over health care and immigrants in the U.S. illegally
(DBN)

FDA approved new generic abortion pill before shutdown
(DBN)

____________
New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Pace of U.S. bankruptcy filings continues to climb • Company bankruptcies rise by almost 20 percent in the first three quarters
(DBN)

Losing the Chinese market is a contributing factor to the rise of farm bankruptcies filed this year
(DBN)

______________

Litigation Finance:

Scrutiny Intensifies Over Litigation Funding, Debate on Mandatory Disclosure Grows
(DBN)

____________

Involuntary Bankruptcy:

For An Involuntary Bankruptcy, All 12-Limit Creditors Must Be Qualified Creditors (In re HH Technology)
(DBN)

____________

Mass Torts:

Catholic Diocese with 200 churches and schools files bankruptcy update after $273m abuse bill
(DBN)

In the biggest sex abuse settlement in U.S. history, some claim they were paid to sue
(DBN)

____________

Sales:

Redbox’s next product may be piracy lawsuits
(DBN)

____________

UST:

U.S. Trustee Program Obtains More Than $392,000 in Penalties and Three-Year Suspension Against National Consumer Bankruptcy Firm
(DBN)

____________

Aviation:

Congress just created a new reason to worry about air travel
(DBN)

Elon Musk’s SpaceX Took Money Directly From Chinese Investors, Company Insider Testifies
(DBN)

Germany’s Munich the latest European airport forced to close after wave of drone sightings
(DBN)

____________

Education:

Trump administration offers funding benefits to schools that agree to its agenda
(DBN)

Newsom Vows to Cut State Funding for Universities That Sign Trump’s ‘Compact’
(DBN)

____________

Tech:

We shouldn’t let kids be friends with ChatGPT
(DBN)

OpenAI Fetches a $500 Billion Price Tag. Can We Call it a Bubble Now?
(DBN)

AI’s Voracious Appetite for Data Imperils Key Privacy Principles
(DBN)

Walmart steps up automation with labor-saving sensors
(DBN)

Federal Courts Clarify Fair Use Doctrine for AI Training with Copyrighted Books
(DBN)

Mega AI deals enable exits for private equity — but fuel ‘frothy’ bubble fears
(DBN)

BlackRock Nears $40 Billion Data Center Deal in Bet on AI
(DBN)

____________

Autos:

First Brands gets US$1bil in fresh cash to avert collapse
(DBN)

First Brands Secures Interim DIP Approval Amid Unresolved Collateral Disputes; Evolution Previews Potential Request to Appoint Examiner, Ch. 11 Trustee to Address Financial Irregularities
(DBN)

UBS Funds Face Half-Billion-Dollar Exposure to First Brands
(DBN)

The First Brands Disaster Began With Business as Usual
(DBN)

Raistone Blames Mass Layoffs on 80% Exposure to First Brands
(DBN)

Inside the Black Box: What First Brands Teaches Us About CLO Risk
(DBN)

Light Vehicle Sales Increased to 16.4 Million SAAR in September
(DBN)

____________

UK:

Lincolnshire Police closer than ever to bankruptcy despite key decision
(DBN)

Households with £2,000 in savings are 60% less likely to fall behind on bills
(DBN)

Thames Water creditors offer to write off £7.5bn in debt to prevent collapse
(DBN)

40% of people are £224 worse off than a year ago
(DBN)

Mazur ruling sends shockwaves through litigation practices
(DBN)

Maggots, human effluence and rats plague 'shambolic' courts
(DBN)

Drunken defendant 'as good as any solicitor'
(DBN)

____________

Russia:

Tomahawk missiles could change the Ukraine war – and bring Moscow in range
(DBN)

US to provide intel to guide Ukrainian long-range missile attacks on Russia
(DBN)

Putin warns of ‘new stage of escalation’ if U.S. supplies long-range missiles to Ukraine
(DBN)

Russian missile upgrade outpaces Ukraine’s Patriot defenses
(DBN)

Explainer-How will the West use Russia's frozen assets?
(DBN)

It's no Cold War - it's a 'fiery' conflict now with the West, Russia says
(DBN)

Daring refinery raids are bringing the war back to Russia
(DBN)

____________

MENA:

‘Tell Us Where We’re Wrong’: The Outgoing Head of a UN Commission Challenges Israel
(DBN)

Will US Troops Now Fight for Qatar After Trump Pact?
(DBN)

Iran's Water Crisis Is Its Greatest Threat
(DBN)

____________

Brazil:

Brazilian Corporates’ Refinancing Risks Rise Amid Recent Credit Events
(DBN)

____________

Argentina:

Bessent’s Argentina rescue pledge put to test by traders attacking peso • Argentina's bonds wobble with eyes on US Bessent's support pledge • Argentina is a 'beacon' in Western Hemisphere, US's Bessent says • US is not putting money into Argentina, Bessent says
(DBN)

____________

Australia:

Lawyer further penalized for dodgy creditor scheme
(DBN)

____________

China:

Why the US may have to sue for economic peace with China
(DBN)

____________

India:

IBBI, ED to resolve insolvency, PMLA issues
(DBN)

AI Enters Judicial Process With Mandatory AI Use in Insolvency Process Planned
(DBN)

IBBI moots mandatory use of AI in insolvency resolution
(DBN)

Insolvency recovery a third of claims
(DBN)

Claims Raised After Commencement Of Insolvency Proceedings Stand Extinguished, Not Amenable To Arbitration: Delhi High Court
(DBN)

IBC Amendment Bill: Centre re-examining draft 'out-of-court' insolvency rules to minimize litigation
(DBN)

____________

Ghana:

Cross- border insolvency proceedings
(DBN)

____________

Nigeria:

Judges call for speedy courts, ADR, international models for insolvency reform
(DBN)

____________

Australia:

Tax Office takes over Adgemis bankruptcy and spells out suspected ‘sham’ credits claims
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $69.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
Copyright 2025