September 9, 2025

The Daily Bankruptcy News

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3-Column Formating

 

Law:

AI Will Scramble GCs’ Calculus for Hiring Outside Counsel
(DBN)

Challenges for Cadwalader: Navigating Change Amid Lawyer Exodus at New York’s Oldest Law Firm
(DBN)

Murdoch’s Fox Boosts Legal Chief’s Pay, Reshapes Law Team
(DBN)

Philadelphia Judge to Scrutinize DLA Piper’s $300,000 Fraud Settlement Amidst Industry Ethics Concerns
(DBN)

ABA Accreditation Should End in Texas, Justices Say Tentatively
(DBN)

From Casebooks To Chatbots: Another Law School Makes AI Certification Mandatory For Students
(DBN)

California Court’s Sanction of Lawyer for AI-Generated Errors Sparks Debate on Legal Accountability and Technology
(DBN)

Changes in leadership, oversight come to State Bar of CaliforniaCalifornia Bar ‘Outsiders’ Take on Top Leadership Roles
(DBN)

The Lawhive Acquisition: The Shape Of Things To Come
(DBN)

Giuliani reaches confidential settlement in $1.3B Dominion lawsuit
(DBN)

Impact of Leadership Turnover at U.S. Justice Department Under Trump Administration Raises Concerns
(DBN)

Des Moines school superintendent placed on leave after ICE detention Kilmar Abrego Garcia transferred to Pennsylvania detention center, attorneys sayU.S. revokes visa for president of Colombia after he urges American soldiers to disobey TrumpMy father is a journalist who covered ICE raids. The Trump administration seeks to deport him.
(DBN)

US citizen files claim for $50 million in damages after federal agents raid his business
(DBN)

Gunman opens fire at Michigan church and sets it ablaze, killing at least 4 and wounding 8Patel says FBI tracking reports of Michigan Mormon church shootingBuilding on fireDrone Footage Shows InfernoIraq War veteran ID’d as gunman who attacked Michigan LDS church, killing 2, setting it ablazePhotos emerge of truck decked out in American flags that gunman crashed into Mormon church before shooting
(DBN)

Utah contracts with former federal defender chief to represent suspect in Charlie Kirk shooting death
(DBN)

FBI fires agents photographed kneeling during 2020 protest
(DBN)

3 dead, 8 injured after gunman on boat opens fire on crowd at dockside NC restaurant Police: Deadly shooting in North Carolina was ‘highly premeditated’ and location was ‘targeted’Marine veteran in custody after 3 killed, at least 8 injured in shooting at a waterfront bar in North Carolina, officials sayBlamed gays for troubles
(DBN)

Trump Indicts Comey For Torpedoing Hillary Clinton’s 2016 Presidential Campaign McCabe says he hasn’t been contacted by FBI in Comey probeComey Charges Further Enmesh DOJ in Trump’s Retribution Push Who is Lindsey Halligan, the interim US attorney prosecuting James Comey? Trump pressure campaign secures Comey indictment, but he's not happy about the judge Donald Trump’s retribution: Comey indictment raises fears of politicized US justice James Comey's indictment a 'very dangerous' moment for U.S. democracy, says former district attorneyJames Comey's indictment raises possible challenges for prosecutionThe politics surrounding James Comey's indictmentPam Bondi’s Own DOJ Staff Explode at Indicting James Comey: ‘Worst Abuse’Inside the Trump Administration’s Push to Prosecute James Comey Judge who reviewed James Comey's indictment was confused by prosecutor's handling of case, transcript shows6 reasons the case against Comey may be doomed from the startTrump’s Repeated Attacks May Undercut Case Against Comey
(DBN)

US Attorney Ouster Forces Senate Democrats Into No-Win Situation
(DBN)

Trump’s Targeting of Soros Foundations Elicits Fear and Defiance on Left
(DBN)

Trump targets domestic terrorists — but only mentions the ‘radical left’In Trump's 'domestic terrorism' memo, some see blueprint for vengeance that echoes historyHRW warns Trump memo on political violence poses risk to democracy
(DBN)

Trump signs memo ordering the enforcement of the death penalty in DC
(DBN)

Judge rules Mike Lindell made dozens of defamatory statements about Smartmatic
(DBN)

Trump’s moves to tighten power and punish enemies draw comparisons to places where democracy faded
(DBN)

Justice Department Seeks Information on Georgia D.A. Who Prosecuted Trump
(DBN)

Florida man pleads guilty to threatening Trump's life over loss of 'benefits'
(DBN)

Federal Appellate Courts Tackle Key Second Amendment Cases, Challenging Decades-Old Gun Restrictions
(DBN)

Did a Texas teen stab his twin sister to death while he was sleepwalking?
(DBN)

Man admits to killing and burying his parents in TV interview
(DBN)

'Like Swiss cheese': Child shot dead by men who fired 20 to 25 times at her home, cops say
(DBN)

'The last laugh': Woman fatally shoots U.S. Army soldier husband in face as he held baby
(DBN)

'Cowards' shot and killed 3-year-old boy at Sesame Street-themed birthday party: Cops
(DBN)

Husband murders man trying to help his wife get away from him: Cops
(DBN)

'Go, hunt, kill': Couple made 277-page hit list threatening cops, church members, DA says
(DBN)

Man stabbed and killed girlfriend because he was 'upset' she stopped talking to him
(DBN)

Florida man allegedly beat girlfriend with baseball bat after she ignored his calls
(DBN)

Man stabbed pregnant wife 34 times before telling cops 'someone died': Police
(DBN)

Police use 'flashbang' to arrest man who allegedly attacked wife and trapped kids in home
(DBN)

Special ed teacher set to learn fate for murdering his wife dies suddenly in court: DA
(DBN)

Fired Florida cop accused of using old badge to impersonate police
(DBN)

Man fatally shot woman with double barrel shotgun after argument about religion: Police
(DBN)

Toddler found wandering streets after mom left teens with baby and bottle of vodka: Cops
(DBN)

Nursing home patient used towel to strangle woman at the facility after altercation: Cops
(DBN)

'Take your time': Man admits he tried to hire hitman to kill his 6 kids, wife amid divorce
(DBN)

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Judges:

Clarence Thomas says precedent might not determine cases on upcoming supreme court docketClarence Thomas Tells Us How He Really Feels About ‘Totally Stupid’ Precedent
(DBN)

Trump urges Supreme Court to decide whether to end birthright citizenship
(DBN)

Trump Judicial Pick Maintains Public Engagement During Vetting
(DBN)

Supreme Court Allows Trump To Freeze $4 Billion In Foreign Aid Approved By Congress
(DBN)

These Are Not The Metaphors You’re Looking For
(DBN)

Courts Should Avoid Handwritten Orders
(DBN)

Newly-appointed Trump judge immediately calls out admin over immigration detention policy
(DBN)

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Wall Street:

Stock futures rise as Wall Street tries to rebound from a losing week
(DBN)

The credit market is humming—and that has Wall Street on edge
(DBN)

Wall Street regulator vows light touch and end to quarterly reporting
(DBN)

U.S. Stocks Rise on Inflation Data but End Week Lower Amid Fed Uncertainty
(DBN)

Stock market exodus to Wall Street hits 20-year high
(DBN)

‘Buffett Indicator’ for stock valuation passes 200%, beyond level he once said is ‘playing with fire’
(DBN)

Goldman Strategists Turn Bullish on Stocks as Recession Risk Low
(DBN)

Wall Street Warms to a New Normal of Sky-High Equity Valuations
(DBN)

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Layoffs:

Mass Layoffs Feared As Auto-Parts Giant First Brands Preps Bankruptcy
(DBN)

FCC Prepares for Mass Layoffs Amid Looming Government Shutdown
(DBN)

North Carolina solar firm to lay off more than 500 workers
(DBN)

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Private Equity:

Private equity’s rush to raise money prompts fears of European sector shake-out
(DBN)

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Tech:

AI groups bet on world models in race for ‘superintelligence’
(DBN)

AI could give Silicon Valley financiers a run for their money
(DBN)

A New Front Opens Between Zuckerberg and Musk Over Robots
(DBN)

Everyone’s wondering if, and when, the AI bubble will pop. Here’s what went down 25 years ago that ultimately burst the dot-com boom
(DBN)

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Retailing:

As chain store, mall America decline, local business owners score rare real estate prizes
(DBN)

Farewell to popular US office supply retailer – sold after closing more than 1,000 stores across the United States due to bankruptcy – here’s how it affects you
(DBN)

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Food/Beverage:

Iron Hill Brewery & Restaurant abruptly closing all locations
(DBN)

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Education:

Philadelphia’s Bankrupt UArts Sells off Library of Rare Art Books
(DBN)

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Economy:

Q3 GDP Tracking: Movin' on Up
(DBN)

Cleveland Fed’s Hammack warns of ‘challenging time’ amid inflation worries
(DBN)

Gold surges past $3,800/oz as US rate cut bets, shutdown concerns drive demand
(DBN)

Global debt hits record of nearly $338tn, says IIF
(DBN)

President Trump posts cartoon image depicting him firing Fed Chief Powell
(DBN)

Get used to an America with fewer jobs
(DBN)

Personal Income Increased 0.4% in August; Spending Increased 0.6%
(DBN)

Consumer spending holds steady despite rising prices, cooling job market
(DBN)

What to know about Trump’s new pharmaceutical tariff planTrump’s Tariffs Bankrupt Farmers As GOP Shutdown Government to Kill HealthcareChina Inc.’s Already Low Profit Margins at Risk From US TariffsTrump’s $900 Billion Funding Demands Face Korea, Japan Caution
(DBN)

Thune says Democrats have taken ‘the federal government as a hostage’ amid shutdown fightFetterman warns Dems about shutting down government with 2 hurricanes threatening East CoastTrump to Meet Democrats With Both Sides Dug In on Shutdown Government shutdowns usually don’t hurt the economy. This time could be different Government shutdown looms: What to know about closures, payments and moreTrump has defied norms on executive power. What actions could he take amid a government shutdown? Johnson pushes back on Jeffries: ‘There is nothing partisan about this continuing resolution’Shutdown fight leaves Democrats with no good optionsCracks form among Senate Democrats as Trump threatens big shutdown layoffsJohnson says Obamacare debates shouldn’t be focus in shutdown showdownGOP leaders say Obamacare tax credit fight can wait until after government shutdown is averted Schumer pushes for ‘real’ negotiations ahead of White House meetingSenate Democrats reverse course on shutdown despite earlier Trump mass firing concerns Shutdown standoff deepens ahead of crucial meeting at the White House Former national park superintendents urge Trump administration to close parks in case of shutdownTrump confident ahead of Monday showdown, says Democrats' position makes shutdown likely: "I just don't know how we're going to solve this issue"
(DBN)

County officials say they lack resources to handle Trump’s One Big Beautiful Bill
(DBN)

Why CEOs are right to stick close to Trump
(DBN)

Donald Trump’s erratic policymaking frays nerves at multinational groups
(DBN)

Trump’s H-1B visa fee could have one big winner: The Middle EastH-1B Visa Overhaul Spurs New Corporate Compliance Tactics
(DBN)

Economic anxiety grows under Trump, creating a new political liability for the GOP
(DBN)

The U.S. States With the Highest Credit Card Debt
(DBN)

Almost half of couples think joint bank accounts are outdated as financial secrecy grows
(DBN)

The resilient stock market may be keeping the economy out of a recession. Why that’s a bad thing
(DBN)

Brookings Finds Bad News for MoCo’s Economy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

FHFA’s Q2 National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores
(DBN)

Rent prices holding steady or dropping across the U.S.
(DBN)

Office Real Estate Investment Trust Moves Closer to Bankruptcy with Declining Cash Reserves and Upcoming Debt Deadlines
(DBN)

As Sonoma real estate mogul Ken Mattson stands accused of fraud, his favored lender comes under scrutiny
(DBN)

US city lands unwanted title of most likely to crash worldwide, major bank warns
(DBN)

Lawler: NAR “Fixes” Median Sales Price for July
(DBN)

Former Tacoma parking garages tied to Ponzi scheme headed for sheriff's sale
(DBN)

Royal Palm Beach's Tuttle Royale development faces bankruptcy amid $47 million debt crisis
(DBN)

High Housing Costs Are Pushing Some Americans to Make Major Family Sacrifices, Like Delaying Having Kids Or Giving Up Pets
(DBN)

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Oil/Gas:

Oil and gas firms are overwhelmingly pessimistic, Dallas Fed survey finds
(DBN)

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Politics:

Trump Says He Is Ordering Troops to Portland, Escalating Domestic Use of Military Authorizes ‘Full Force’Oregon governor to Trump: ‘No need for military troops’ in PortlandProtesters rally at Portland ICE facility after Trump deploys troops to citySenate Democrat on Trump sending troops to Portland: ‘Stay the hell out’Trump never forgot Portland’s 2020 protests. Now he says the military can use ‘full force’ in an American city.Oregon sues Trump administration over plans to send troops to Portland
(DBN)

Stephen Miller: Donald Trump’s ‘prime minister’ executes his plan to reshape America
(DBN)

Sinclair and Nexstar bringing back "Jimmy Kimmel Live!" on their stations‘Laughter Can’t Be Put on Trial’: Why Donald Trump Is Afraid of Jimmy Kimmel
(DBN)

Eric Adams drops out of NYC mayor’s raceWhat the Mayor Got Away With Has Already Changed AmericaAdams’ Exit Comes Too Late to Radically Reshape NYC Mayor’s Race
(DBN)

Trump plans to attend Hegseth's meeting with generals, admirals, source says
(DBN)

Trump moves to declassify Amelia Earhart records
(DBN)

How House Republicans plan to rewrite history of Jan. 6Sen. Amy Klobuchar calls it "appalling" that Trump accused FBI of putting agents in crowd on Jan. 6
(DBN)

Wes Moore calls Donald Trump-led redistricting ‘political redlining’
(DBN)

Through their eyes: Donald Trump and his actions, as seen by leaders from around the world
(DBN)

The Rise of America’s Young Socialists—From the 2008 Financial Crisis to Mamdani
(DBN)

Marjorie Taylor Greene sends deeply concerning suicide message to fansGreene, Straying From Trump, Reflects an Emerging MAGA Split
(DBN)

'Please say it's a joke': Outrage as Trump endorses conspiracy theory in bizarre video
(DBN)

Missouri Governor Signs Congressional Map Redrawn to Boost Republicans
(DBN)

America’s Fraying Ties Are Forging New Alliances
(DBN)

____________

Sports:

Moment Rory McIlroy refuses to play amid vile slurs about his wife Erica and his love life - as new footage shows classless US Ryder Cup fans practicing 'f*** you Rory' chant before play
(DBN)

Tennis star apologizes to Chinese fans after outburst over coughing
(DBN)

MAGA Is Coming for the WNBA
(DBN)

____________

Theme Parks:

Top Miami-Dade officials hail proposed agreement for future of embattled Miami Seaquarium
(DBN)

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Solar:

Solar Firm Pine Gate Preparing for Potential Bankruptcy Filing
(DBN)

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Personal Genomics:

23andMe Nets Approval of Data Breach Settlements in Bankruptcy
(DBN)

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Defaults:

U.S. Private Credit Default Rate Flat at 5.2% for August 2025
(DBN)

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Personal Finance:

The ‘tradwife’ fantasy
(DBN)

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Fashion:

Valentino seeks debt relief after luxury slowdown triggers covenant breach
(DBN)

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Architecture:

Architecture giant takes its Detroit office into bankruptcy as lawsuit looms
(DBN)

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Autos:

First Brands Files for Bankruptcy After Weeks of Lender ScrutinyApollo Sidestepped Blacklist to Short Ailing First Brands’ Loans First Brands factoring agreements a USD 2bn variable at play in potential Chapter 11 filing First Brands files for bankruptcy, threatening multibillion-dollar lossesFirst Brands Bankruptcy Shocks Wall Street as Debt Gets ‘Ahead of Reality’
(DBN)

Car dealership files for bankruptcy and is investigated for fraud but customers must still pay loans
(DBN)

Tricolor Crisis Managers Locked Out After Bankruptcy
(DBN)

First Brands and Tricolor Are Signs of What’s to Come
(DBN)

Lucid Runs Out Of Money Next Year
(DBN)

CarMax Short Sellers Mint $171 Million in One Day From 20% Drop
(DBN)

Jaguar Land Rover Seeks £2 Billion Lifeline to Tide Over Cyberattack
(DBN)

September Vehicle Sales Forecast: Solid, Boosted by EV Sales, Q4 Concerns
(DBN)

Stellantis CFO Steps Down in Further Reshuffle of Top Ranks
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (126 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (62 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

COVID-19 Business Loans: From Economic Lifeline to Bankruptcy Catalyst
(DBN)

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Mass Torts:

New York Supreme Court tosses lawsuit against Buffalo Diocese over bankruptcy payments
(DBN)

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UST:

Monica Kindt Appointed as Acting U.S. Trustee for Indiana and Central and Southern Districts of Illinois
(DBN)

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Equal Treatment:

ConvergeOne Chapter 11 Plan Partially Reversed by Texas JudgeDistrict Court Reverses Judge Lopez’s Approval of ConvergeOne Plan Rights Offering Backstop Premiums; Says Exclusion of Minority Lenders in RSA, Prepackaged Plan Violated Equal Treatment of Creditors Requirement Under Serta
(DBN)

____________

Receivers:

Can A Debtor’s Board Put Debtor Into Bankruptcy After Appointment Of A State Court Receiver? (In re Whittaker–Part 1)
(DBN)

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Corporate Governance:

Chancery Court lets bankruptcy admin press suit against ex-pharma D&Os
(DBN)

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Aviation:

Spirit Airlines to halt 40 routes, hires ex-Amazon network executive
(DBN)

‘Seconds count’: Avoiding airplane collisions at airports could come down to cockpit alerts
(DBN)

No-Go In Brazil: GOL-Azul Merger Talks End, Code share Discontinued
(DBN)

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Healthcare:

Collapse of Steward Health Care highlights gaps in hospital oversight
(DBN)

Blythe's Palo Verde Hospital considers bankruptcy, LAFCO votes to dissolve PVHD
(DBN)

Yale agrees to pay Prospect $45M to settle fight over soured hospital deal
(DBN)

Appeals court hears Medicaid fraud case that could cost Planned Parenthood $1.8 billion
(DBN)

White House touts older generic drug as new treatment for autism
(DBN)

Rate of uninsured children in TX tops list
(DBN)

The Truth About Medical Debt And Credit Reporting: Three Things To Know
(DBN)

____________

Entertainment:

Inside The Bankruptcy Of Marvel's ‘Eyes Of Wakanda’ Animation Studio
(DBN)

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Agribusiness:

Soybeans sacrificed in Trump’s China gambleUS soybean farmers squeezed as China blocks imports and stockpiles rise
(DBN)

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Celebs:

Bankrupt Antonio Brown Announces New Financial Venture After Unfortunate $3M News
(DBN)

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UK:

Claire's Accessories is rescued from bankruptcy, saving 1,000 jobs
(DBN)

Insolvency Service writes down £600k spent on new digital portal
(DBN)

'Rich Kid of Instagram' went from £139,000 hotel stays to being bankrupt at HMP Altcourse
(DBN)

How are 'bankrupt' France's borrowing costs still lower than ours?
(DBN)

____________

Canada:

'A really joyful moment': Kitchener-Waterloo Symphony musicians back on stage 2 years after bankruptcy
(DBN)

Canada to avoid recession but economy still ‘bruised’ by tariffs
(DBN)

Canada's GDP rebounds in July after three months of contraction
(DBN)

____________

Finland:

How Finland continues its reign as the happiest country on Earth
(DBN)

____________

MENA:

Netanyahu says Israel "must finish the job" against Hamas in Gaza, as U.N. speech prompts walkoutNetanyahu denies Gaza famine as delegates walk out in protest at UN
(DBN)

Trump promises ‘something special’ on Gaza as Israeli officials say Netanyahu has reservations on ceasefire plan
(DBN)

Soccer puts Trump in new position to score geopolitical goals
(DBN)

American nurse films Gaza City hospital’s destruction as Israeli forces surround it
(DBN)

UN Security Council Reinstates Sanctions on Iran Over Nuclear Non-Compliance
(DBN)

____________

Russia:

Russia launches massive attack on Kyiv - as Poland scrambles jets and closes airspaceRussian missiles and drones pound Ukraine in ‘savage’ 12-hour attack
(DBN)

Why Ukraine is winning the war
(DBN)

Ukraine nuclear plant enters fifth day on emergency power as Zelenskyy announces $90B arms deal
(DBN)

Moldova's Pro-EU Party Set to Win Election
(DBN)

____________

Turkey:

Turkey's furniture giant has gone bankrupt.
(DBN)

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Venezuela:

U.S. preparing options for military strikes on drug targets inside Venezuela, sources say
(DBN)

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France:

France Takes Aim at Wealthy as Way Out of Political Paralysis
(DBN)

____________

Brazil:

Brazil Inc. Under Siege: A Wave of Corporate Crashes Signals Deeper Economic Woes
(DBN)

____________

China:

China’s Markets Shed ‘Uninvestable’ Tag as Global Funds Return
(DBN)

Xi Is Chasing a Huge Concession From Trump: Opposing Taiwan Independence
(DBN)

How China’s Secretive Spy Agency Became a Cyber Powerhouse
(DBN)

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North Korea:

North Korea Is an Intensifying Menace
(DBN)

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Cuba:

In Cuba, the Revolution has broken its promises: Hunger and homelessness are on the rise
(DBN)

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Argentina:

Trump set to bail out Argentina, irking some in ‘America First’ campBessent Puts US Money at Risk in $20 Billion Argentina Backstop
(DBN)

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Austria:

Benko's insolvent Signa Holding faces creditor claims of 8.4 billion euros
(DBN)

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India:

Course correction on IBC
(DBN)

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Hungary:

Budapest public transport in trouble: Capital on the brink of bankruptcy
(DBN)

____________

Australia:

ATO to push for Jon Adgemis’ bankruptcy on Friday
(DBN)

John Pesutto transferred business to wife on day of bankruptcy notice
(DBN)

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