September 2, 2025

The Daily Bankruptcy News

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Law:

Fortress Law Firm Investment Signals Shift in Legal Industry
(DBN)

KPMG Law Expands Nationally from Arizona, Challenging Traditional Legal Market Structures
(DBN)

Client Entertainment Expenses Are Worth The Cost
(DBN)

Bar Exam Scores Are Up!
(DBN)

Legal Trends 2025: Regional Insights Shaping the U.S. Legal Landscape
(DBN)

Dog Days Of Summer Best Spent Away From Your Biglaw Office
(DBN)

Big Law United to Save Lucrative White Collar Defense Work
(DBN)

This AI Superpower Earns a Voice at the Legal Strategy Table
(DBN)

Harvey Begins Law School Program To Get Students Hooked
(DBN)

Florida Attorney Faces Discipline Over Paralegal’s Misuse of AI, Highlighting Legal Industry’s Technological Challenges
(DBN)

Mueller won’t testify in House Epstein probe due to health issues: Report
(DBN)

Kash Patel’s girlfriend files defamation lawsuit against podcaster
(DBN)

Abrego Garcia asks for gag order on Bondi, Noem
(DBN)

Alina Habba Breaks New Jersey Court System
(DBN)

Judge Asked to Disqualify LA Acting US Attorney Bill Essayli
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The Border Patrol Chief Leading the California Immigration CrackdownTrump’s immigration push threatens key sectors of California’s economy, reliant on immigrant workers ICE is suddenly showing up in California hospitals. Workers want more guidance on what to doTrump Admin Goes Full McCarthy, Will Decide Whether Migrants Are Pro-USA Enough To Stay Here Trump admin plans immigration enforcement surge in BostonDetainees report alleged uprising at ‘Alligator Alcatraz’: ‘A lot of people have bled’Man believed dead in ‘Alligator Alcatraz’ is alive as Ice moves him without notice AI is unmasking ICE officers. Can Washington do anything about it?Reports of Uprising at ‘Alligator Alcatraz’Kilmar Abrego Garcia fights to stay in the U.S. while battling three court casesHomeland Security Secretary Kristi Noem says "we haven't taken anything off the table" on expanding immigration operations to other citiesICE Detains Woman With Green Card Who Passed US Citizenship Exam—Spouse
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Judge reluctantly authorizes refund of restitution paid by Jan. 6 rioter
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Federal Reserve governor's lawyer compares Trump to Humpty Dumpty, disputes firing
(DBN)

House Oversight Committee has withdrawn subpoena for Robert MuellerFormer FBI Director Robert Mueller Diagnosed With Parkinson's Disease
(DBN)

Cops: Customer Tried To Kidnap Bikini Barista
(DBN)

Alarm as US far-right extremists eye drones for use in domestic attacks
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Woman who killed husband and 2 kids was suspected of stealing money from employer, police say
(DBN)

Famed Tennessee sheriff who inspired Hollywood movie 'Walking Tall' implicated in wife's murder
(DBN)

Louisiana judge orders return of devices to ex-priest caught having sex on church altar
(DBN)

Door-knock prank leaves 10-year-old boy shot, homeowner detained
(DBN)

Crime Festers in Republican States While Their Troops Patrol Washington
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Deadly Chicago Labor Day Weekend With 52 Shot as Trump Threatens CrackdownIllinois Gov. JB Pritzker says sending military troops to Chicago would be an "invasion"
(DBN)

Burning Man homicide investigation opens as attendee found dead in pool of blood
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Trump Considers Reopening ‘Insane Asylums’ in Crusade Against Crime
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Throwing food at people has led to serious criminal charges for some
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Teen shot in the throat during sleepover and killed while 'fixing her friend's hair': DA
(DBN)

Driver uses thumbs to nearly gouge man's eyes out in 'road rage' showdown: Police
(DBN)

Pregnant teen shot during 'brake-checking' road rage incident dies after baby is saved
(DBN)

4-year-old called 911 after dad stabbed mom after she tried to escape him: Police
(DBN)

Cheerleader ‘Mastermind’ Orchestrated Boyfriend’s Love Triangle Death: Police
(DBN)

Husband thought college student was having an affair with his wife — so he killed him
(DBN)

Man accused of tossing baby from balcony has abuse charge dismissed, mom now charged
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Man trying to run down ex-girlfriend's mom crashed his SUV into 2 homes instead: Police
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Neighbors unknowingly help killer move dead chef in blanket wrapped in duct tape: DA
(DBN)

Man murdered friend while taking turns wearing Kevlar helmet, shooting each other: Sheriff
(DBN)

Mom 'intentionally' left 15-month-old in car to die as temperature hit 95 degrees: Cops
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'Pure evil': Mom who admitted she beat son to death found not criminally responsible
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Instagram scavenger hunt leads man to drive 106 mph to car dealership for hidden $60: Cops
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Judges:

Federal appeals court rejects Trump’s emergency tariffs
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Judge weighs Trump’s power to fire Fed board member
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Federal judge blocks Trump effort to expand fast-track deportations'Startling argument': Trump admin hit with scathing ruling in deportation case
(DBN)

Judge dismisses EPA grant termination lawsuit
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The Supreme Court has expanded Trump’s power. He’s seeking much more.
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Federal Court Protecting Mail-In Ballots
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A MAGA Judge Has Another Opportunity to Send Abortion Pills Back to the Supreme Court
(DBN)

U.S. Judge Temporarily Suspends Deportation of Unaccompanied Minors to Guatemala Amid Legal Concerns
(DBN)

Trump admin decides to obey court order not to deport children after weekend showdown
(DBN)

'Truly startling': Judge blisters Trump admin while slamming brakes on deportation blitz
(DBN)

US Appeals Court Challenges DHS on TPS Rollback for Venezuelans Amid Supreme Court Stay
(DBN)

Boasberg lets Trump assassination suspect out of jail, reversing judge's decision
(DBN)

Whole court should rethink 'dangerous' DC Circuit ruling that helped Trump admin avoid contempt despite 'significant whistleblower evidence,' petition says
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Wall Street:

Stock futures fall at start of September amid new uncertainty about tariffs after court decision
(DBN)

U.S. Stocks Are Now Pricier Than They Were in the Dot-Com Era
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Layoffs:

List of Companies Laying Off Employees in September
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Climate:

Scientists could soon lose a key tool for studying Antarctica's melting ice sheets
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Labor:

California reaches deal with Uber, Lyft to allow gig worker unions
(DBN)

Trump Orders Have Stripped Nearly Half a Million Federal Workers of Union Rights
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Donald Trump's and Gavin Newsom's Very Different Labor Messages
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Autos:

The Failing Political Lords of Lordstown: That auto plant Trump saved? Foxconn will soon use it to make data center equipment
(DBN)

Haunting moments Hacker uncovers ‘missing’ Tesla Autopilot data in deadly crash, triggering $243M verdict to victims’ families
(DBN)

China’s EV maker deliveries rebound, buoyed by cheaper new models
(DBN)

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Food/Beverage:

U.S. orange juice shipments plummet as Canadians find Florida OJ hard to swallow
(DBN)

More companies pull thousands of packages of shrimp for potential radioactive contamination
(DBN)

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Wind Energy:

Trump administration cancels $679 million for offshore wind projects
(DBN)

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Fraud:

‘The Apprentice’ and ‘The Fallout’ Producer Accused by Feds of Scamming $12 Million
(DBN)

The electric scooter sharing scam that fleeced millions of dollars from Americans
(DBN)

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Tourism:

Visitors to US Plunge Amid Concerns About Donald Trump's Policies
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Media:

Congress cut $1.1 billion in funding for PBS and NPR. Here's how struggling stations are coping
(DBN)

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Retailing:

Forever 21 looks to resurrect China, North America business with new partners
(DBN)

Retail bankruptcies fuel Ollie’s growth
(DBN)

At Home Store Closure Update As Full List Of Locations Revealed
(DBN)

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Economy:

Core inflation rose to 2.9% in July, highest since February
(DBN)

Economy 'On the Brink' of Recession by End of Year, Moody's Economist Warns
(DBN)

Q3 GDP Tracking
(DBN)

US sliding towards 1930s-style autocracy, warns Ray Dalio
(DBN)

Personal Income Increased 0.4% in July; Spending Increased 0.5%
(DBN)

Higher Prices Are Coming for Household Staples
(DBN)

Black Americans Are Losing Jobs in a Warning for the Economy
(DBN)

The Middle-Class Vibe Has Shifted From Secure to Squeezed
(DBN)

Fate of Fed Gov. Lisa Cook still up in the air after court hearing on Trump firing bid
(DBN)

Trump wants to shake up the Fed. Stephen Miran has a playbook.
(DBN)

O’Leary warns of hyperinflation if Trump sets interest rates
(DBN)

Investors underestimate Donald Trump’s threat to the Federal Reserve, economists warn
(DBN)

Inflation is climbing. Trump might still get lower rates
(DBN)

Trump housing official brings new allegation against Fed’s Cook
(DBN)

Most Trump tariffs ruled illegal in blow to White House trade policyThe real significance of the US court ruling on tariffs A federal appeals court ruled against Trump's tariffs. Here's what could happen next. Bessent expects Supreme Court to uphold legality of Trump’s tariffs but eyes Plan BTrump vows immediate SCOTUS appeal after court declares tariffs 'unconstitutional'The ruling will not immediately block the tariffsKrugman: Holy tariff mess, BatmanBessent Warns of US ‘Embarrassment’ If Tariffs Ruled Illegal End of an era: Billions of packages of ‘cheap’ goods shipped to the US are now subject to steep tariffsEnd of de minimis shipping could be biggest Trump tariff of all for many U.S. businessesIndia looks to mend ties with China as Trump's tariffs push it away from U.S.Car rides and hand holding: Putin, Modi and Xi send Trump a pointed message to Trump Trump Lashes Out After Putin and Modi Are Seen Holding Hands Trump calls India-U.S. trade relationship ‘a totally one sided disaster’ after Modi visits ChinaChina's Xi and Russia's Putin Hail 'Unprecedentedly High' RelationsTrump Issues Fresh Warning to India Trump After Modi, Xi, Putin Meeting While Trump Rattles the World, China Basks in the LimelightModi and Putin meet on summit sidelines US Trading Partners ‘Dazed and Confused’ After Tariff Court LossWashington faces potential refunds on tariffs after ruled illegalCaterpillar Warns Tariff Impact Bigger Than Previously Seen
(DBN)

Rural America is suffering an economic crisis as crop prices plunge — ‘U.S. soybean farmers cannot survive a prolonged trade dispute’
(DBN)

States begin to see job losses from Trump’s cuts, housing and spending slowdowns
(DBN)

Welcome to the new 'Made in China' era — and it looks a lot different
(DBN)

Government shutdown showdown with GOP puts Democrats in a bindDemocrats press GOP leaders for meeting as shutdown looms
(DBN)

Thousands of American seniors deal with the harsh realities of homelessness
(DBN)

Trump sees off the free-market capitalism that enriched America
(DBN)

Democrats Flinched During the Last Spending Showdown. They Should Do It Again.
(DBN)

Map Shows The Cities Where the Most Americans Are Earning Six Figures without a College Degree
(DBN)

Gold Futures Rise to Record High on Fed Concerns, Rate-Cut Expectations
(DBN)

White-collar work is breaking people's brains. Some are turning to unorthodox coaches for a fix.
(DBN)

Federal data reveals 1.2 million drop in immigrant workers under Trump
(DBN)

Lower Income Americans Issued Warning Over Trump Post Move
(DBN)

Gen Z Unhappier Than Middle Aged People For First Time, New Study
(DBN)

Nestle dismisses CEO Freixe after romantic relationship with staffer
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

'Buyer Urgency' Cools in Worrying Sign for Housing Market
(DBN)

CMBS Maturities Drive Rising Defaults in Office and Retail Loans
(DBN)

Lumber Prices Up 11% YoY
(DBN)

Housing September 1st Weekly Update: Inventory Down 0.1% Week-over-week; Down 10.3% from 2019 Levels
(DBN)

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

Gen Z Is Renting, Not Buying—Here's What It Means for the Country's Future
(DBN)

PCE Measure of Shelter Declined to 4.0% YoY in July
(DBN)

Five Biggest Problems for Las Vegas' Housing Market Outlined
(DBN)

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Oil/Gas:

Elliott Recommended as Citgo Buyer In $5.9 Billion Proposal
(DBN)

Labor Day Map Shows Spiking Gas Prices Across US
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Politics:

Trump’s approval rating hits record low of second term: PollTrump approval down, voters against deploying National Guard to assist ICE: Emerson College Polling survey
(DBN)

Trump’s fawning cabinet and the threat to US democracy
(DBN)

Rumors hit social media after president disappeared for days
(DBN)

Trump Is Starting to Turn on the People He Handpicked
(DBN)

Trump's attempt to dismiss health concerns seriously backfires as new theories grow
(DBN)

Trump’s Revenge Summer Heats Up With Fed Ouster, Bolton Raid
(DBN)

Newsom’s support surges among Democrats ahead of 2028: PollNewsom Trolls Melania Trump With Mock Vanity Fair CoverNetflix co-founder drops $2 million into Gavin Newsom's redistricting campaignNewsom deploys state police to major cities after Trump threatens to send more troops to California
(DBN)

Obama calls Texas Dem as he continues rallying the party against TrumpObama Secretly Boosting Rising Dem Stars to Undermine Trump
(DBN)

Trump tosses grenade into GOP-Dem shutdown battle with pocket rescissionsCollins condemns Trump’s bid to cut foreign aid using ‘pocket rescission’What to know about Trump’s ‘pocket rescission’White House declares $4.9B in foreign aid unilaterally canceled in end-run around Congress' funding power
(DBN)

Trump admin fires EPA employees over letter of dissent
(DBN)

‘What else needs to be improved?’: Inside Trump’s relentless quest to leave his mark on Washington
(DBN)

'More chaos' as Trump ramps up targeting and purging his own appointees: report
(DBN)

Social Security’s chief data officer resigns, cites ‘culture of panic and dread’
(DBN)

Campaign board deepens probe into Eric Adams fundraising
(DBN)

Trump revokes Harris’ security protections after Biden-issued extension
(DBN)

Democratic governors urge Trump to drop plans to send troops to their cities
(DBN)

Trump's DC chaos continues as Metro train rider tries to grab National Guard soldier's gun
(DBN)

Republican Storms Out of Back Door After Being Laughed at During Town Hall
(DBN)

Pentagon is reinstalling portrait of Confederate General Robert E. Lee that includes a slave
(DBN)

Trump faces a hurdle in banning mail-in voting: His own Republican Party
(DBN)

Tensions rise between Tulsi Gabbard and CIA chief, insiders say
(DBN)

Chicago mayor signs order with blueprint for fighting a potential Trump crackdown
(DBN)

E. Jean Carroll Hopes Her Explosive Telluride Doc Will ‘Finish Off’ Donald Trump
(DBN)

Robin Wright says fleeing the US has been ‘liberating’: ‘America is a s – – t show’
(DBN)

Why more and more people are tuning the news out: ‘Now I don’t have that anxiety’
(DBN)

Map Shows States Requiring Voter ID As Trump Prepares Executive Order
(DBN)

Rep. Jerrold Nadler to Retire, Says Democrats Need 'Generational Change'
(DBN)

Trump says he’s awarding Rudy Giuliani the Presidential Medal of Freedom days after former mayor’s car crash
(DBN)

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Hedge Funds:

Jefferies Says George Weiss Bankruptcy Deal With Wife Is a Ploy
(DBN)

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Theme Parks:

Six Flags bankruptcy fears mount as brand eyes sale after abruptly shuttering two parks and suffering $500 million blow
(DBN)


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Cannabis:

Schwazze nears debt restructuring deal, to give up cannabis shops
(DBN)

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Banking:

Ex-Credit Suisse Leaders Settle Risk Suit for $115 Million
(DBN)

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Furniture:

Filing Alert: Walker Edison Chapter 11
(DBN)

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Celebs:

Todd Chrisley’s Net Worth Reveals How Much He Still Owes the Banks After His Fraud Charges
(DBN)

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Hotels:

Occupancy Rate Decreased 1.1% Year-over-year
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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (61 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
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UST:

Justice Department Announces Acting Director of the U.S. Trustee Program
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Mass Torts:

Alex Jones’ Infowars Wins Pause of State Receiver Appointment
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Eligibility:

U.S. Senate Reviews Proposal to Raise Chapter 13 Bankruptcy Debt Limits Amid Economic Pressures
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Aviation:

Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a yearSpirit Airlines files for second bankruptcy in a year as financial challenges persistSpirit Airlines Bankruptcy Tees Up Painful Cuts in Survival Bid Spirit Airlines Tumbles After Filing Second Bankruptcy in a YearSpirit Airlines execs get millions in bonuses after agreeing to stay through its 2nd bankruptcy in a yearSpirit Airlines Awards CEO $2.9M Bonus Amid Bankruptcy WoesSpirit Air Awards Executive Bonuses Upon Second Bankruptcy Spirit Airlines files for bankruptcy again but vows to keep flyingSpirit Airlines Files for Chapter 11 Bankruptcy Again as Fierce Competition, Weak Leisure Demand, and Aggressive Expansion Threaten Its Survival
(DBN)

A downturn in international travel to the U.S. may last beyond summer, experts warn
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Tech:

ChatGPT gave instructions how to bomb sports arena and weaponize anthrax
(DBN)

Are AI and Democracy Compatible?
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Humans are being hired to make AI slop look less sloppy
(DBN)

An Iowa nuclear plant is the next contender to restart, spurred by AI data center demand
(DBN)

Why AI won’t take my job
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Healthcare:

RFK Jr. has never been briefed by CDC experts on measles, COVID-19 or flu, former official says
(DBN)

We Ran the C.D.C.: Kennedy Is Endangering Every American’s Health
(DBN)

Inside Kennedy’s effort to oust the CDC director
(DBN)

Public health in ‘uncharted waters’ amid CDC tumult
(DBN)

CVS withholding COVID-19 vaccines in 15 states and DC, citing ‘regulatory environment’
(DBN)

Former CDC vaccine chief: ‘I only see harm coming’
(DBN)

More Older Americans Are Aging Alone. Who Will Take Care of Them?
(DBN)

Trump demands pharmaceutical companies release Covid drug success rates
(DBN)

Republican Senators Clash Over Vaccines
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Education:

Colleges struggle financially as policies tank international enrollment
(DBN)

Fallout for universities that struck deals with Trump raises questions, concerns
(DBN)

Trump administration threatens to sanction Denver schools over gender-neutral school bathrooms
(DBN)

South Carolina asks Supreme Court to allow anti-transgender school bathroom policy
(DBN)

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Sovereigns:

Developing countries swap out of dollar debt to cut borrowing costs
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UK:

Key updates on English special administration regime for payment and e-money institutions
(DBN)

English Court clarifies when an insolvency officeholder's cross-undertaking in damages can be limited
(DBN)

Last orders at the bar? British pubs face closures as cost pressures rise
(DBN)

UK long-term borrowing costs hit highest level since 1998 as pound falls
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EU:

Euro zone inflation rises to hotter-than-expected 2.1% in August
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Canada:

Asbestos Corporation Limited Provides Update on Restructuring
(DBN)

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Russia:

Macron: Putin ‘played’ Trump if no Zelensky meeting commitment by Monday
(DBN)

Trump keeps threatening to punish Putin. Here’s what’s holding him back
(DBN)

‘Grasping for straws’: Europe floats Ukraine-Russia buffer zone in push for peace
(DBN)

Trump admin offers subdued response to Russia’s assault on Kyiv, and Europe’s outrage
(DBN)

Trump in talks to deploy private army to Ukraine
(DBN)

Gunman ‘disguised as delivery driver’ kills Zelensky ally in broad daylight assassination
(DBN)

Russia jams GPS on EU chief Ursula von der Leyen’s plane forcing pilots to land using paper maps
(DBN)

Russia's latest war tactic: Hire local criminals
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Trump expresses some doubt over one-on-one meeting between Putin, Zelenskyy
(DBN)

The Americans moving to wartime Russia for ‘traditional values’
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MENA:

US sanctions Palestinian leadership ahead of UN General Assembly
(DBN)

IDF believes entire Houthi cabinet killed in strike
(DBN)

Deadly Israeli strikes rain down as IDF advances push to take Gaza City
(DBN)

Hundreds killed as 6.0 magnitude earthquake strikes Afghanistan, officials say
(DBN)

U.S.-run ‘Gaza Riviera’: Post-war redevelopment plan sees ‘voluntary relocation’ of millions
(DBN)

Israel’s Push for a Permanent Gaza Deal May Mean a Longer War, Experts Say
(DBN)

Israel is committing genocide in Gaza, scholars' association says Israel Responds After Leading Scholars Declare Gaza War a 'Genocide'
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Brazil:

Brazil’s Democratic Quandary: How to Prosecute a President
(DBN)

Fearing Bolsonaro Escape, Brazil Tightens Leash Ahead of Coup Trial
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Ireland:

US firm Kroll acquires Dublin insolvency practice Kirby Healy
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China:

Xi Jinping Unveils Vision For New Global Order
(DBN)

Homegrown robots help drive China’s global export surge
(DBN)

China to unveil US ship-killing weapons at military parade
(DBN)

China’s Xi slams ‘bullying practices’ in thinly veiled snipe at Trump
(DBN)

Trump’s attempts to lure companies away from China are backfiring
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Brazil:

Jair Bolsonaro’s trial nears close as US-Brazil relations plummet
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Mexico:

With Drones and I.E.D.s, Mexico’s Cartels Adopt Arms of Modern War
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Australia:

Glass maker’s bankruptcy shatters dreams of workers, creditors
(DBN)

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India:

Bankruptcy-bound Supertech gives possession of 6k flats in last 3 yrs
(DBN)

HNGIL’s Insolvency Fiasco: Creditors and resolution professional dysfunction in corporate insolvency resolution process
(DBN)

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Mexico:

In Mexican border town, thousands of jobs lost due to Trump tariffs
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Argentina:

Argentine pulp maker blames Milei as it seeks bankruptcy protection
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Greece:

Greece suspends 5% of schools as birth rate drops
(DBN)

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Czech Republic:

Sale of Liberty Ostrava: lessons learnt from the Czech insolvency process
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