September 12, 2025

The Daily Bankruptcy News

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Law:

Biglaw Not ‘Awful’ According To Some Midlevel Associates
(DBN)

US still pursuing ex-BigLaw associate after grand jury declines to indict in alleged National Guard confrontation
(DBN)

LGBTQ rights lawyer faces federal indictment for testimony in ‘judge shopping’ probe
(DBN)

Kanye West To Testify About His Private School — Prepare For A Legendary Deposition
(DBN)

Thriving As A Small Law Firm Is All About Tiny Adjustments
(DBN)

Go In-House Sooner: The Money Is Worth It
(DBN)

The Evolving Role of General Counsel Amid AI Adoption in Corporate Governance
(DBN)

South Korean workers detained in immigration raid leave Atlanta and head home • Hyundai should have called me for visas, Lutnick says • Trump tried to convince deported South Korean workers to stay and train Americans • Hyundai battery plant faces at least 2-3 month delay following raid, CEO says • Video Shows ICE Detain US Citizen, Green Card Holders at Gunpoint • Congressional Budget Office says Trump’s immigration crackdown will shrink U.S. population faster than expected, a threat to inflation and GDP growth • Video Shows ICE Detain US Citizen, Green Card Holders at Gunpoint
(DBN)

DOJ lawyer makes glaring admission after Trump admin was blocked from deporting 'unaccompanied' children over holiday weekend
(DBN)

'Like being in a gang': the Jan. 6 rioter who left MAGA and told Trump to shove his pardon
(DBN)

MAGA Rages at FBI Chief Kash Patel After Charlie Kirk Shooting Posts • Kash Patel Makes FBI Great Again By Getting It Sued • Kash Patel questions grow as it's revealed he gutted Utah FBI leadership
(DBN)

Fired FBI agents allege retribution, incompetence at top security agency
(DBN)

Mother, sister of Charlotte stabbing suspect describe history of mental illness
(DBN)

Colorado School Shooter Was ‘Radicalized’ Student, 16
(DBN)

Adopted and sexually abused in the U.S., ICE deported her to Brazil decades later
(DBN)

Two Guys Took Turns Shooting Each Other in the Head While Wearing A Helmet. It Didn’t End Well.
(DBN)

How Many Masked Men Does It Take to Rob a Jewelry Store? Fifteen, Apparently.
(DBN)

Man spotted following ex-girlfriend home from movies shot guy she called for help: Cops
(DBN)

Mom left child, 11, to watch younger kids before a fire broke out, killing 4, sheriff says
(DBN)

Husband uses tomahawk to 'chop' and murder wife just months after marrying her: Cops
(DBN)

Former executive pleads guilty to stealing $28M
(DBN)

Bob Menendez’s wife says she was ex-senator’s ‘puppet’ as she gets 4½ years in prison for bribery
(DBN)

Cold case fugitive on the run from police for over 23 years arrested
(DBN)

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Judges:

BK ND TX: Vacancy Announcement: Term Law Clerk, Lubbock Division
(DBN)

Law firm Jackson Walker agrees to settle claims over JCPenney bankruptcy fees • JCPenney Bankruptcy Trustee Secures Key $1.4 Million Settlement with Jackson Walker
(DBN)

Supreme Court Urged to Maintain Bankruptcy Guardrails Amid Rising Filings and Legal Debate
(DBN)

US Supreme Court to decide how far Donald Trump’s power really goes
(DBN)

Judges, desperate for guidance, plead with Supreme Court justices: ‘Write an opinion’
(DBN)

Amy Coney Barrett Issues Warning on ‘Winner Takes All Approach’
(DBN)

Justice Barrett promotes her not-very-personal memoir; ‘I want people to know how the court works’
(DBN)

Scary! Amy Coney Barrett’s (Not So) Deep Thoughts On AI
(DBN)

Judge cuts off alleged would-be Trump assassin as he delivers opening statement • Judge Cannon Scolds Ryan Routh
(DBN)

Nevada Judge Takes Creative and Unusual Approach to Combat AI-Generated Fictitious Citations
(DBN)

Judge temporarily blocks US efforts to remove some immigrant Guatemalan and Honduran children
(DBN)

Judge blocks a Trump policy cutting off some social services for immigrants in the US illegally
(DBN)

Appeals court allows Trump's administration to block Medicaid funds to Planned Parenthood
(DBN)

Michigan Judge Worked Drunk, Meddled in Cases, Officials Say
(DBN)

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Wall Street:

Stock futures slip after big rally this week as Fed decision looms
(DBN)

Wall St hits record highs as rate cut bets intact after inflation data
(DBN)

Dow crosses 46,000: Stocks hit record high as Wall Street embraces Fed rate cut hopes
(DBN)

This $250 million asset manager is reviving a short-selling hedge fund as it bets on a coming downturn
(DBN)

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Layoffs:

CFPB Warns Staff Of Upcoming Layoffs Due To GOP Funding Cuts
(DBN)

Roomplace/Harlem Furniture laying off 35 as part of transition
(DBN)

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Personal Finance:

The Boss Move for Ordinary Workers: Hiring Your Own Executive Assistant
(DBN)

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Crypto:

Bankrupt Bitcoin miner faces new hurdle in Chapter 11 bankruptcy
(DBN)

Texas Court Blocks Bankruptcy Escape for Ponzi Operator Fuller
(DBN)

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Healthcare:

Missouri hospital to close, cites ‘unsustainable healthcare market’
(DBN)

Inspections show a pattern of safety problems leading up to Crozer’s closure
(DBN)

15 hospitals closing departments or ending services
(DBN)

Nearly $1 billion awarded to family for mishandled birth in ‘dangerous’ Utah hospital
(DBN)

Now Comes the Hard Part for MAHA
(DBN)

MAHA’s ‘Make Our Children Healthy Again’ guidance ignores real causes of poor childhood health, experts say
(DBN)

What RFK Jr. gets wrong — and right — according to a public health expert
(DBN)

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Wind Energy:

Offshore wind has no future in the U.S. under Trump administration, Interior Secretary says
(DBN)

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Batteries:

Big Ass Battery goes bankrupt just months after securing investment and sponsoring  Helmond Sport
(DBN)

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Furniture:

RH CEO Says Furniture Sellers Will Go Bust Without Discounts
(DBN)

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Economy:

Inflation rose in August as new signs of weakness showed up in the labor market • Cleveland Fed: Median CPI increased 0.3% and Trimmed-mean CPI increased 0.3% in August • BLS: CPI Increased 0.4% in August; Core CPI increased 0.3% • YoY Measures of Inflation: Services, Goods and Shelter • US inflation worsened last month, putting Fed in difficult spot as job market slows • Inflation jumps as Trump, Powell confront weakening labor market • Inflation climbed in August as Trump's tariffs intensified • Rising inflation and a deteriorating job market puts the Fed, and Americans, in a difficult spot • Here’s the inflation breakdown for August 2025 — in one chart • Grocery prices rise at the fastest pace since 2022 as Trump tariffs bite • Inflation speeds up to 2.9%, fastest pace in 2025, as job market slows
(DBN)

Nearly Half of Americans Say Trump Move Driving Up Their Credit Card Debt
(DBN)

Fed report spotlights strains felt by US businesses, households • Fed seen on track for rate cuts as job worries eclipse inflation fears
(DBN)

IMF says Fed has scope to lower interest rates
(DBN)

Economists See Fed Rate Cut Next Week, at Least One More in 2025
(DBN)

The US economy has come down with a case of early-onset stagflation
(DBN)

Fed's Flow of Funds: Household Net Worth Increased $7.1 Trillion in Q2
(DBN)

Jobless Claims Rose Sharply Last Week • Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years
(DBN)

Double whammy for Americans: Inflation continues to rise as jobs outlook grows weaker
(DBN)

Job Scams Surge 1,000% As Americans Struggle to Find Work
(DBN)

The companies making the most of the end of de minimis • China Gives Mexico Stiff Warning Over Tariffs Seen Appeasing US
(DBN)

Could the U.S. Dollar Lose Its Dominance? It Did Once Before
(DBN)

Map Shows Average Credit Score In Every US State
(DBN)

The Real Stakes in Trump’s Bid to Fire Lisa Cook • Trump administration requests emergency ruling to remove Cook from Fed board
(DBN)

Here's where wages are growing most across the country
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Mortgage rates are finally sinking — and fast
(DBN)

U.S. Foreclosures Rise For Sixth Straight Month As Affordability Pressures Mount
(DBN)

Monthly mortgage payments are highest in decades, Census Bureau says
(DBN)

Total Mortgage Equity Withdrawal (MEW) was Negative in Q2
(DBN)

Map Shows U.S. Cities Where Homes Selling Fastest
(DBN)

Builders Playing 'Whac-A-Mole' As Construction Challenges Mount From All Sides
(DBN)

Two key factors will determine when housing costs might return to 'normal'
(DBN)

Map Shows US Cities That Are Now Buyer’s Markets
(DBN)

Even New York City’s Wealthy Renters Can’t Avoid the Housing Crisis
(DBN)

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Oil/Gas:

Big Oil Warns About A Looming LNG Supply Glut
(DBN)

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Science:

The Rise of ‘Conspiracy Physics’
(DBN)

____________

Education:

U.S. Colleges Are About to See a Big Decline in Applications
(DBN)

Their Schools Banned Phones. Out Came the iPods and Cassette Players.
(DBN)

Schools spend millions on pouches to keep phones out of students' hands
(DBN)

American Kids Can’t Read or Do Math Anymore
(DBN)

Trump administration takes first steps to restore Harvard’s funding, but money isn’t flowing yet
(DBN)

Historically Black Universities Cancel Classes, Lock Down Over Threats
(DBN)

Survey: 34% of students believe in violence to stop campus speech
(DBN)

Florida officials watching for 'vile, sanctionable' behavior from teachers after Kirk killing
(DBN)

____________

Politics:

Trump’s popularity is sinking in a swing Pennsylvania county
(DBN)

Hopes for a Fast Capture of Kirk’s Shooter Fade After Patel Backtracks • Charlie Kirk Assassin’s Ammo Engraved With Transgender, Anti-Fascist Markings • Officials release video, plead for public's help in tracking down person of interest in Charlie Kirk shooting • Utah officials postpone press briefing because of ‘rapid developments’ in case • Manhunt for Charlie Kirk's killer enters 3rd day as questions swirl • American right vows vengeance after killing of Charlie Kirk • After Charlie Kirk’s killing, MAGA influencers call for violence • Charlie Kirk's assassination sparks grief and rage online • FBI releases images of person of interest amid manhunt for Charlie Kirk's killer • Authorities say Kirk suspect 'appears to be of college age' • Chilling Photos Appear to Show Kirk Killer’s Sniper’s Nest • Fact-checking false claims about shooter’s identity in Charlie Kirk shooting • Eyewitness: Coordinated, Multiple People Involved • Officials recover gunman's rifle, footprint in Charlie Kirk assassination • Trump says he will posthumously award Charlie Kirk the Presidential Medal of Freedom • The killing of Charlie Kirk adds to a time of political upheaval and violence • Charlie Kirk's five most controversial claims from vaccine conspiracy to public executions • Luna circulating letter calling for Charlie Kirk statue in Capitol • Graphic video of Charlie Kirk’s death spreads fast, showing traditional media’s fading grip • Charlie Kirk vigil erupts into violence as protester sparks mass brawl • Experts warn of 'vicious spiral' in political violence after Kirk killing • ‘Find a Better Angel’: Furor Over Kirk’s Killing Tests Utah Governor’s Plea • 'People are scared to death': Members of Congress fear for their safety after Charlie Kirk assassination • Charlie Kirk Is Assassinated, as America Blisters With Hate and Violence • Police, Security Under Scrutiny Over Charlie Kirk Assassination • FBI Offers $100,000 Reward For Any Information On Charlie Kirk Shooting • The right’s vicious, ironic response to Charlie Kirk’s death • Trump: ‘The country will heal’ after Charlie Kirk’s assassination • Progressive influencer set to debate Charlie Kirk begs followers to stop making jokes about shooting • Charlie Kirk assassination casts a pall over Congress • Charlie Kirk’s killing could send Congress into a tailspin. Mike Johnson is trying to avoid that. • Mike Johnson tries to keep a lid on partisan tensions after Kirk’s slaying • Mike Johnson: Lawmakers want more security after Kirk killing • Lawmakers rethink safety, public events after Charlie Kirk shooting • Uproar as EU Parliament declines to hold minute of silence for Charlie Kirk • ‘We need to do better’: A shaken Washington struggles to come together after Kirk’s death • GOP senator says both sides ‘gaslight the base’ after Kirk shooting • GOP Senator ‘Disgusted’ by MAGA Using Kirk’s Death to Stoke ‘War’ • Gabby Giffords: I Mourn for Charlie Kirk’s Family • Safety has long been a challenge at Kirk's events, former member of his security detail says
(DBN)

Political Violence Could Devour Us All
(DBN)

Trump's address to the nation hit by outrageous 'fake' claim • Trump’s video about Charlie Kirk is being accused of using AI. A video editor explains what’s really going on
(DBN)

Elizabeth Warren Slams Anti-Democrat Rhetoric In Wake Of Charlie Kirk's Death
(DBN)

Leaked Emails Reveal Epstein Wanted Trump Deleted From Mysterious Power List • Ghislaine Maxwell ‘worked with Epstein to smear Virginia Giuffre’ • A trove of emails reveals Ghislaine Maxwell’s secrets
(DBN)

Mamdani Gets Backing From National Democrats as Trump Enters Fray
(DBN)

US Senate loosens rule to speed confirmation of some Trump nominees
(DBN)

Cracker Barrel Drops Equality Units After Bowing to Trump
(DBN)

Biden Aide Savages Kamala Harris’ ‘Pity Party’ After Her Bombshell Attacks
(DBN)

'Not medically well': Trump's health questioned after his face seen drooping at 9/11 event
(DBN)

'No way': Democratic donors balk at donating to Biden's presidential library
(DBN)

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New Bankruptcy Opinions
(2 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 (6 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

BK ED LA: Bankruptcy Filing Statistics
(DBN)

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Mass Torts:

Diocese of Oakland seeks to pull plug on bankruptcy, send sex abuse cases back to court
(DBN)

Fourth Circuit Court Ruling Expands Corporate Liability in Toxic Tort Claims
(DBN)

____________

Dismissal:

A Refresher On § 1112(b) “Bad Faith” Dismissal For Debtor’s Solvency (In re Dandurand—Part 3)
(DBN)

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Litigation Finance:

Litigation funding is secret, but these documents raise questions
(DBN)

____________

Aviation:

United CEO says he expects struggling Spirit Airlines to go out of business
(DBN)

Southwest Flight Makes Emergency Landing Amid Engine Failure
(DBN)

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Hotels:

Troubled Lombard, Illinois, hotel project restructures debt, again
(DBN)

____________

Retailing:

McKesson-Backed Rite Aid Bankruptcy Plan Must Be Denied, US Says
(DBN)

____________

Agribusiness:

The American Farmers China Is Using as a Trade-War Bargaining Chip
(DBN)

Arkansas’ agricultural leaders warn of economic disaster for farmers
(DBN)

____________

Food/Beverage:

In High-Profile Closings, Los Angeles Restaurateurs See Trouble
(DBN)

This Plant-Based Chain Just Beat Bankruptcy To Reclaim Its Spot In The Upscale Dining Scene
(DBN)

New Bar K bankruptcy filing sheds light on just how dire its finances were
(DBN)

Celeb-favorite chain Pinstripes files for bankruptcy and abruptly shuts half of locations
(DBN)

____________

Resorts:

Owner: Wohali needs $6M to successfully restructure during bankruptcy
(DBN)

____________

Tech:

Alphabet, Meta, OpenAI, xAI and Snap face FTC probe over AI chatbot safety for kids
(DBN)

The AI 'hype cycle' is hitting a reality check at many businesses
(DBN)

____________

Horse Racing:

Delaware Commission Revokes Owner-Trainer Diane Morici's License Over Financial Responsibility Issues
(DBN)

____________

Autos:

Tricolor Auto’s Sudden Bankruptcy Jolts Subprime Market • Car lender’s collapse hints at what’s under the hood in private credit • Subprime Auto Lender Collapse Delivers Blow to Risky Debt Market • Auto dealer Tricolor files for bankruptcy, moves to liquidate • More Banks Take Hits From Auto Lender’s Bankruptcy • A major subprime auto lender just went belly up. It won’t be like subprime mortgage lenders sparking the Great Recession • Tricolor Bankruptcy Sparks Fraud Probes, Banks Face Heavy Losses
(DBN)

Tesla Pivots to Robots as Investors Question Sales and Soaring Valuation
(DBN)

____________

Climate:

Trump announces millions in storm recovery funds for North Carolina, Wisconsin, Kansas
(DBN)

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Fraud:

US SEC to dismiss case against former Nikola CEO
(DBN)

Heir to Barneys luxury empire served with explosive tax-fraud lawsuit at NYC book event: ‘Gene went crazy’
(DBN)

____________

Metals:

US Magnesium, Backed by Billionaire Ira Rennert, Files for Bankruptcy
(DBN)

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EU:

U.S. Law Firms Introduce Distressed Debt Strategies to European Markets Amid Economic Challenges
(DBN)

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Russia:

Russia Plans Bankruptcy Moratorium to Shield Struggling Steelmakers – Kommersant
(DBN)

NATO’s first battle with Russian drones inside its own borders puts alliance on defensive • Russian drone incursion in Poland prompts NATO leaders to take stock of bigger threats • Polish PM vows military upgrade after incursion • NATO allies close airspace along Russia, Belarus borders after drone incursions
(DBN)

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Venezuela:

Venezuela military, militias deploy to 'battlefronts', Maduro says
(DBN)

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MENA:

Furious Trump tears into Netanyahu in heated phone call after being blindsided by Qatar bombing • Israel’s strike on Qatar has infuriated Arab leaders. That bodes ill for Trump’s Mideast priorities
(DBN)

Netanyahu says there will be no Palestinian state as countries push for recognition
(DBN)

____________

Brazil:

Brazil's Supreme Court votes to convict ex-President Bolsonaro of a coup plot • Sentenced to 27 Years in Prison
(DBN)

____________

China:

Evergrande Property shares surge 40% on potential takeover bids
(DBN)

Trump admin escalates space race with China, banning visa-holding scientists from working at NASA
(DBN)

____________

Spain:

Bankruptcy Filings Rise 7.4% Through August
(DBN)

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Vietnam:

Vietnam investigates cyberattack on creditors data
(DBN)

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