October 6, 2025

The Daily Bankruptcy News

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3-Column Formating

 

Law:

If Big Law Works on Trump’s Tariffs, Congress Should Pay For It
(DBN)

Hogan Lovells Bucks China Exodus Trend, Playing ‘Long Game’
(DBN)

Trump's 'unprecedented' executive orders to 'muzzle' attorneys must be condemned: Lawyers
(DBN)

Navigating the Legal Job Market: Expert Insights for Choosing Top Legal Recruiters
(DBN)

Democrats Cash In As Biglaw Lawyers & Staff Open Their Checkbooks
(DBN)

Illinois moves toward approving nonlawyers to offer limited legal advice
(DBN)

US IPO reviews expected to freeze amid government shutdown
(DBN)

Utah announces skills-based path to law licensure
(DBN)

Arrested Man Learns ChatGPT Isn’t His Lawyer So Much As It’s Evidence
(DBN)

“Measured Integration: Legal Industry Navigates AI Adoption with Caution and Ethical Precision”
(DBN)

GCs—Equipped With AI—Will Steer the Legal Profession’s Future “Artificial Intelligence Reshapes the Future Role of General Counsels in the Legal Industry”
(DBN)

How Legal Professionals Are Learning To Trust Agentic AI
(DBN)

Trump Looks to Slash Refugee Count, Will Favor Afrikaners Woman shot after allegedly attempting to hit ICE agents with car‘Military-Style’ ICE Raid On Chicago Apartment Building Shows Escalation in Trump’s CrackdownImmigrants nationwide placed in solitary confinement for weeks, report says Body slamming, teargas and pepper balls: viral videos show ICE using extreme force in ChicagoHow the U.S. bypassed rules to rush deportees to AfricaJournalist arrested during summer ICE protests deported to El SalvadorUsing helicopters and chemical agents, immigration agents become increasingly aggressive in Chicago'Can I just be a kid?' Students shaken by immigration raids seek help from school counselorsICE posts viral video of cuffed Portland protester being wheeled away on flatbed cartU.S. False Claims Act Now Encompasses Immigration Violations in Federal ContractsICE Plans Major Expansion of Social Media Surveillance for Immigration EnforcementICE plans to scour Facebook, TikTok, X, and even defunct Google+ for illegal immigration leadsJudge gives Kilmar Abrego Garcia evidentiary hearing, in potential James Comey 'roadmap'
(DBN)

Chicago's chaotic weekend with federal clashes
(DBN)

White House authorizes deployment of National Guard to Illinois
(DBN)

Justice Department launches investigation into Portland police
(DBN)

Trump officials discussed sending elite Army division to Portland, text messages show
(DBN)

Trump sending 300 California National Guard members to Oregon, California governor saysNewsom: Trump sending California National Guard after Oregon judge blocks move “Breathtaking Abuse Of Law And Power,” Gavin Newsom Says Trump Sends National Guard to Oregon. Here Are the Other Places Where Soldiers Are Being Deployed
(DBN)

Judge sets 14-day deadline for new prosecutor in Trump Georgia case or it will be dismissedFani Willis finally agrees to testify under oath about Trump investigation
(DBN)

Trump admin opposes setting aside conviction and sentence for pardoned Jan. 6 rioter
(DBN)

'Nodding off' kidnapper who let victim drive is on the run after she escaped: Police
(DBN)

Man killed 88-year-old neighbor with a hammer because she wouldn't let him borrow her car
(DBN)

I watched every day of the Diddy trial. I thought he'd get 10 years.
(DBN)

ADL split marks FBI shift away from targeting right-wing violence, scholars say
(DBN)

Inside sex fiend Howard Rubin’s perverted chamber of secrets at penthouse just below Central Park
(DBN)

Naked baby on Nirvana album cover wasn’t child porn victim, federal judge rules
(DBN)

2 killed, 14 injured in Ala. mass shooting after fight breaks out over football game in busy tourist district
(DBN)

Man arrested outside Washington, DC, cathedral allegedly had a Molotov cocktail: Police
(DBN)

Cubs fan dragged out of stadium in handcuffs in crazy playoff scene
(DBN)

Deputy Charged With Murder Knelt on Inmate’s Back, Affidavit Says
(DBN)

Firefighter dumps 75 tampons in ex's yard because she was mad he was dating woman: Cops
(DBN)

Aunt who told boy to shoot Sonic worker after fight over peeing in parking lot learns fate
(DBN)

'Disturbing SnapChat video' shows man being killed while protecting pregnant teen sister
(DBN)

Mother beat 2-year-old son in store after intercom broadcast said he was left alone: Cops
(DBN)

Killer who kept victim's skull as 'souvenir' to be first woman executed in TN in 200 years
(DBN)

Wife poisoned husband's wine with antifreeze chemical as 'payback,' police say
(DBN)

Sean ‘Diddy’ Combs was sentenced to over 4 years; here’s what’s next
(DBN)

Superstar Litigator To Represent Kim Kardashian In Major Defamation Battle
(DBN)

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Judges:

Houston Law Firm Jackson Walker Settles for $405K Over Undisclosed Relationship Fallout
(DBN)

Judge’s Opinion Taking Trump To Task Shockingly Frank
(DBN)

Trump Cases Upend Supreme Court Summer as New Term Looms
(DBN)

Trump’s Supreme Court Winning Streak Faces Big Tests Over Presidential Power
(DBN)

Kavanaugh assassination plotter sentenced to eight years in prisonJudge says would-be Brett Kavanaugh assassin 'is an atypical defendant'
(DBN)

Chief judge in DC admonishes Pirro’s office to be civil in court
(DBN)

Liberal Justices Show Competing Styles in Shadow Docket Dissents
(DBN)

Demand Justice targets Durbin, Coons over vote for Trump judicial nominees
(DBN)

Trump Publicly Melts Down Over Portland Judge’s Ruling 'Ought to be ashamed': Trump goes off on judge he appointed for halting troop deploymentMiller on judge blocking Portland National Guard deployment: ‘Legal insurrection’
(DBN)

Alito: Originalists must shed ‘insecure mindset’ causing worry over ‘desirable’ results
(DBN)

Federal judge blocks Trump's National Guard deployment to Portland amid constitutional challengeJudge to block 'deployment of any National Guard' to Oregon
(DBN)

Trump court pick not licensed in Delaware advances toward appeals court seat
(DBN)

Supreme Court will hear challenge to Hawaii gun law during new term
(DBN)

The Supreme Court Will Do Four Things This Term That Tell You Everything You Need to Know
(DBN)

Courts Should Make It Easier To Fix E-Filing Errors
(DBN)

South Carolina Judge Diane Goodstein's Home Destroyed in Fire—Arnold Goodstein's Survival Sparks Conspiracy Rumors
(DBN)

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Wall Street:

Stock futures are little changed after a record-setting week as government shutdown continues
(DBN)

The government shutdown hasn't stopped the stock market. Here's what may.
(DBN)

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Layoffs:

AI could erase 100 million U.S. jobs, Senate Dem report finds
(DBN)

Trump adviser: Layoffs will start if shutdown negotiations are "going nowhere"Johnson calls potential layoffs ‘a regrettable situation that the president does not want’
(DBN)

Federal Layoff Risk Shifts to Monday as Unions Go to Court
(DBN)

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Education:

Columbia Grapples With Federal Scrutiny After Trump Deal Begins
(DBN)

She Faked Her Way into Yale. Then Things Unraveled
(DBN)

The 15 most banned books in U.S. schools
(DBN)

____________

Autos:

Tricolor Trustee Says Initial Probes Suggest ‘Pervasive’ FraudTricolor Records Show Same Cars Tied to Thousands of Loans The First Brands Auto Parts Bankruptcy Is Worse Than You Know
(DBN)

Bankruptcy of big auto parts company could make repairs a bigger headache
(DBN)

Detroit Carmakers Feud Over Trump’s Threatened Truck Tariffs
(DBN)

College student burned alive after Tesla Cybertruck doors malfunctioned, trapped her inside following crash: suit
(DBN)

Aston Martin shares fall 10% as luxury carmaker issues fresh profit warning on tariff turmoil
(DBN)

Stellantis Is Said to Plan $10 Billion in US Investments
(DBN)

Subprime Consumer Resilience Tested as Earnings Season Approaches
(DBN)

____________

Tech:

Fears of Trillion-Dollar AI Bubble Growing
(DBN)

America is now one big bet on AI
(DBN)

Bezos Says AI Spending Boom Is a Bubble That Will Pay Off
(DBN)

TikTok pushes sexual content to 13-year-olds’ accounts, disturbing report claims
(DBN)

Bezos predicts giant gigawatt data centers in outerspace as energy demand grows and grows
(DBN)

____________

Celebs:

Ex-NFL star Mark Sanchez arrested at the hospital after he was 'stabbed in the chest' in shock incident Ex-QB Mark Sanchez assaulted worker, 69, trying to exchange cooking oil at hotel: Cops
(DBN)

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Fraud:

Silvergate ex-CFO loses bid to dismiss SEC fraud suit
(DBN)

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Economy:

US Services Gauge Falls on Weakest Business Activity Since 2020ISM® Services Index Decreased to 50% in September; Prices Paid Very High; Employment in Contraction for Fourth Consecutive MonthService sector falters amid weak hiring, business activity: ISM survey
(DBN)

Are we in a recession? Yes — if you live in one of these 22 states.
(DBN)

White House Worries About Impact of Economic Data Delays
(DBN)

Q3 GDP Tracking: Flyin' Blind
(DBN)

Trump's H-1B visa bombshell: What comes nextTrump’s $100,000 H-1B Fee Draws Rare Rebuke From US BusinessTrump’s $100,000 H-1B Visa Fee Challenged by Nurse Group, Unions
(DBN)

Gen X may be the first to need a universal basic income after late-career job loss
(DBN)

Goldman's Solomon Expects US Economy to Accelerate
(DBN)

Wall Street thinks best is yet to come for the economy
(DBN)

Fed's Miran Might Amend Inflation View if Rents IncreaseFed's Miran Doesn't Think the Neutral Rate Is Zero
(DBN)

Goolsbee Says Fed in Sticky Spot as Jobs, Price Goals in Tension
(DBN)

Fed’s Jefferson Again Cautions on Risks to Inflation, Jobs Goals
(DBN)

Fed’s Use of Balance Sheet Wasn’t Unconventional, Says New York Fed’s Williams
(DBN)

Who’s Responsible for These Terrible Cars, Planes and Shoes?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Realtor.com Reports Median listing price was flat year over year
(DBN)

What The Government Shutdown Means For Mortgage Rates As Financial Markets React
(DBN)

Deutsche Bank Loses As New York Court Blocks Foreclosure Clock Resets
(DBN)

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Municipalities:

Judge Says Trump Wrongly Removed Puerto Rico Oversight Board Members
(DBN)

‘Outrageous Interference’: Puerto Rico Bankruptcy Overseers Rage at Trump
(DBN)

Trump Threatens Funding for Chicago, Portland in Shutdown Fight
(DBN)

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Oil/Gas:

Judge rules Biden administration went too far by indefinitely blocking new drilling off large portion of US coast
(DBN)

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Politics:

Shutdown Lays Bare America’s Latest Crisis: A Total Breakdown in TrustSenate reject measures to end shutdown; House GOP to extend recess through Oct. 13Federal government shutdown: Live fact-checks as Democrats, GOP spar over health care, layoffsVance Emerges as White House Frontman in US Shutdown FightHouse GOP cancels more votes in escalation of shutdown strategyEarly polls show Trump and GOP taking more blame than Democrats for shutdown‘We’re just beaten’: For beleaguered federal workers, shutdown is last strawWashington’s shutdown is bad therapy — and America is the patientJohnson and Jeffries pin shutdown on each other's partyGovernment shutdowns have become normal. This one is notWhite House Keeps 45 DOGE Employees Working Despite Shutdown Trump Renews Layoff Threats as Shutdown Accusations Continue to FlyTrump Administration Sued for Agency’s Blame-Democrats EmailsGOP Districts ‘Supercharged’ Obamacare Use Is Risk in Shutdown Fight
(DBN)

Survey: Most Jewish Americans say antisemitism now part of daily life
(DBN)

Dem Virginia AG candidate faces bipartisan backlash over violent, inflammatory text messages
(DBN)

Trump plan would limit disability benefits for older Americans
(DBN)

He Drops Trump Jr.’s Name in Pursuit of Billion-Dollar Deals. It’s Getting Awkward.
(DBN)

Trump's support with influential podcasters is waning
(DBN)

Laura Loomer Is Turning Against MAGA Stalwarts
(DBN)

The Real Enemy Within
(DBN)

Tycoon who is cousin of former President George W. Bush expected to launch run for Maine governor
(DBN)

Epstein victims will return to Capitol Hill next week
(DBN)

Hegseth fires top Navy official Former Army vice chief of staff ‘concerned’ about Hegseth’s ‘attack on women’Hegseth Reveals Trump Chewed Him Out in Oval Office Clash
(DBN)

Meet the Lawmakers Trying to Bring Civility Back to Politics
(DBN)

Violent teens are unleashing carnage with deadly ‘Gen Z’ riots from burning down parliament to mob attacks
(DBN)

Mamdani fuels top Dems' turbulence as N.Y. vote nears
(DBN)

Bill Nye leads charge to save NASA science from deep Trump cuts
(DBN)

MAGA wages campaign to redefine "hate" after Kirk killing
(DBN)

Trump Interrupts ‘SNL’ Cold Open to Threaten Show Not to ‘Do Anything Too Mean’ or He’ll Have FCC Attack: ‘Daddy’s Watching’
(DBN)

Trump-backed map victory in Missouri could trigger redistricting battles in these states
(DBN)

Trump appears to reveal another strike on alleged cartel drug boat
(DBN)

‘Enormous fear’: Trump’s threats against George Soros chill US non-profits
(DBN)

Elon Musk PAC’s Lawyer Files for Congressional Seat in Texas
(DBN)

Gen Z Anger at Ruling Elites Is Erupting Across the World
(DBN)

Trump Visage on New Dollar Coin Under Consideration at Treasury
(DBN)

Ted Cruz lays groundwork for presidential run
(DBN)

____________

Healthcare:

Crozer-Chester Medical Center and Springfield Hospital would be ‘abandoned’ under Prospect Medical bankruptcy motion
(DBN)

Nearing $100 million, lawyer bills piling up in bankruptcy case of CT hospitals' parent company
(DBN)

Wyoming hospital with 21 days cash on hand to cut oncology, close primary care clinic
(DBN)

Over 75% of adults want to keep enhanced ACA credits: Poll
(DBN)

Most Medicaid adults at risk under work rules are chronically ill, study suggests
(DBN)

The CMS activities that will, won't continue during the shutdown
(DBN)

31 health systems dropping Medicare Advantage plans | 2025
(DBN)

Firearm injury costs fall largely on Medicaid: Study
(DBN)

Why Congress is running out of time for an ObamaCare deal
(DBN)

____________

Sports:

Noem: NFL ‘won’t be able to sleep at night’ over Bad Bunny Super Bowl performance
(DBN)

US international cricket team files for bankruptcy just one year after co-hosting the World Cup
(DBN)

Former Newcastle star quits UK to start new life abroad after being declared bankrupt
(DBN)

____________

Retailing:

After decades in business, Rite Aid makes a major move amid bankruptcy
(DBN)

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Food/Beverage:

The Struggling Restaurant Chain That Still Stays Afloat Despite 3 Bankruptcy Filings
(DBN)

Kombucha Town files for Chapter 11 bankruptcy
(DBN)

Craft Breweries Struggle as Sales and Appetites Wane
(DBN)

Red Lobster CEO plots ‘greatest comeback in history’ after bankruptcy with ‘risky’ changes
(DBN)

Why So Many Restaurants End Up Going Bankrupt
(DBN)

9 Restaurant Chains That Went Bankrupt In 2025
(DBN)

Cracker Barrel Cuts Ties With Firm Behind Criticized Logo
(DBN)

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Climate:

Exxon and Major Energy Firms Ordered to Cover New York City’s Legal Fees in Climate Lawsuit
(DBN)

____________

Freight:

AAR Rail Traffic in September: Intermodal and Carload Traffic Decreased YoY
(DBN)

____________

Entertainment:

Axis Studios that helped bring Marvel’s Eyes of Wakanda to life has filed for bankruptcy
(DBN)

____________

Student Debt:

What Happens to Student Loans During a Government Shutdown?
(DBN)

Soaring student loans are weighing on the economy
(DBN)

____________

Coal:

Trump is reviving large sales of coal from public lands. Will anyone want it?
(DBN)

____________

Agribusiness:

Farm bankruptcies are soaring amid low crop prices, while Trump considers bailout of up to $14 billion
(DBN)

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

____________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (60 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Year-to-Date Individual Chapter 7 Filings Increased 15 Percent Compared to Same Period Last Year
(DBN)

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Venue:

Texas Emerges as a Pivotal Hub for Corporate Bankruptcies and Restructuring
(DBN)

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UST:

7 USTP Offices Permanently Closing
(DBN)

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Property of the Estate:

Depositor's Remorse: How a Million-Dollar Deposit Became Bankruptcy Estate Property
(DBN)

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Intercreditor:

Convergeone and how the ‘art of the deal’ in distress just got a lot more artistic
(DBN)

Everything’s Bigger in Texas, but Not the Backstop Fees: ConvergeOne and Section 1123(a)(4)
(DBN)

TPI Composites Creditors Challenge Oaktree's $400 Million 'Uptier' Deal
(DBN)

____________

Mass Torts:

Even with plan filed by deadline, Buffalo Diocese bankruptcy case likely to continue into seventh year
(DBN)

Rite Aid Bankruptcy Trust Sues Walgreens for Tens of Millions in Opioid Litigation Costs
(DBN)

____________

Corporate Governance:

8th Edition of The National Law Review’s Delaware Corporate and Commercial Law Monitor
(DBN)

Del. Chancery M&A Suit Settlements Increasing in Number and Value
(DBN)

____________

Aviation:

Spirit Airlines Slashes Nearly 100 Planes as Bankruptcy Pressures Mount
(DBN)

Concerns Raised Over Icelandair Ticket Prices After PLAY Bankruptcy
(DBN)

Drunk passenger accused of sexually assaulting Delta employee before flight out of Salt Lake City
(DBN)

Pilots Demand Air India Ground Boeing 787s After Emergency System Used
(DBN)

____________

Crypto:

Bankman-Fried says his biggest mistake was handing FTX to new CEO before bankruptcy
(DBN)

Phishing Scams Target FTX Creditors Amid Ongoing RepaymentsFTX Issues Warning As Fraudulent Emails Circulate During $1.6B Creditor Payout
(DBN)

What the hell happened to NFTs?
(DBN)

Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown
(DBN)

____________

UK:

Somerset Council finances have ‘more red lights flashing than a red light district’
(DBN)

Investigators playing whack-a-mole with unlicensed insolvency firm
(DBN)

Report shines light on Claire’s administration and creditor impact
(DBN)

Popular high street chain to close 145 stores across UK as shoppers devastated
(DBN)

Parking ticket debt recovery firms make ‘disproportionately high’ 63 profits
(DBN)

Record number of UK companies paid most of their invoices late
(DBN)

U.K.'s public health service is in crisis, threatening a British institution
(DBN)

Israeli minister invites English far-right leader, sparking outrage among U.K.'s Jewish community
(DBN)

UK mosque set ablaze with two people inside
(DBN)

Leader of U.K. Conservatives Vows to Deport 150,000 People a Year
(DBN)

____________

Canada:

Climate, creditors and the chronic stress facing farmers
(DBN)

Carney to meet Trump next week, potential movement on steel and aluminum tariffs expected
(DBN)

____________

MENA:

Israeli strikes kill 20 in Gaza hours after Trump orders 'stop bombing'Hamas Agrees to Release Israeli Hostages But Sets ConditionsGaza Peace Talks Are Set to Take Place in Egypt For Netanyahu, Trump’s Nod to Peace Puts Him in a Tough SpotBenjamin Netanyahu: Donald Trump plan will only happen after hostage return Trump to Netanyahu on Gaza talks: "You're always so f------ negative"Trump to Send Witkoff, Kushner to Middle East to Seal Hostage Release DealHamas Is Still at War With Itself Over Terms of Trump’s Peace PlanHamas 'committed' to reaching agreement to end Gaza war Israel agrees to ‘initial withdrawal line’ in Gaza, hostage release to begin when Hamas confirms deal: TrumpRubio says ongoing Gaza peace negotiations are 'not yet' the end of the warHow Trump cornered Netanyahu into signing up for peaceNetanyahu Faces Dilemma as Hamas Partially Backs Trump DealTrump Pushes for Israel, Hamas Deal Ahead of Monday Talks
(DBN)

Many American Jews sharply critical of Israel on Gaza, Post poll finds
(DBN)

Hundreds Of Thousands Turn Out At Pro-Palestinian Marches In Europe
(DBN)

____________

Russia:

Russia strikes Ukraine with 50 missiles and 500 drones, forcing Poland and its allies to lock down skies; killing at least 5NATO jets scrambled as Putin blitzes city near Polish border with worst attack of war
(DBN)

The West is waking up to the Russian drone onslaught
(DBN)

Hero Ukrainian soldier ‘Rus’ kills 27 Russian troops while holding two bridges encircled by Putin’s forces for 50 days
(DBN)

Moscow recruits Arab fighters, sends them to frontlines
(DBN)

Macron: Europeans will ‘impede’ Russian shadow fleet vessels in their watersDenmark Tightens Checks to Stop Russian Shadow Fleet
(DBN)

____________

Australia:

Police in Australia seize guns from dozens of owners who hold views rejecting government authority
(DBN)

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Brazil:

Ambipar shares extend decline amid legal and credit concerns
(DBN)

____________

France:

French PM resigns after only 2 weeks in officeWhy did Sébastien Lecornu resign as French Prime Minister: Political Crisis Explained
(DBN)

____________

Germany:

Retail crisis deepens as German retail group is to close 70 stores after insolvency
(DBN)

____________

China:

China reroutes clothes exports to Europe after US tariffs upset trade
(DBN)

China Hawks Grow Queasy Over Trump’s Push for Deals With Beijing
(DBN)

____________

Hong Kong:

Hong Kong Banks Face Balancing Act on $25 Billion of Bad Loans
(DBN)

____________

Argentina:

IMF Chief Offers Argentina Show of Support, Boosting Its Bonds
(DBN)

Argentines Blow Billions on Jordans and Jeans, Stoking Crisis
(DBN)

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Venezuela:

Maduro’s Drug War Push Fails to Relieve Trump’s Maximum Pressure
(DBN)

____________

Somalia:

UN Drastically Cuts Somalia Food Aid as US Funding Shortfall Deepens Crisis
(DBN)

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India:

Corporate Affairs Secretary urges stronger self-regulation in insolvency sector
(DBN)

List of Byju’s assets up for sale under insolvency resolution process
(DBN)

Clean Slate Doctrine under the Insolvency and Bankruptcy Code (IBC)
(DBN)

IBC Monthly Digest: September 2025
(DBN)

Who holds the right to EBITDA during CIRP? Supreme Court leaves it open
(DBN)

____________

Japan:

Japan Unleashes Capitalism by Letting ‘Zombie’ Companies Die
(DBN)

____________

South Korea:

Continued bankruptcy of small and medium-sized construction companies due to the severe downturn in the construction industry
(DBN)

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