September 4, 2025

The Daily Bankruptcy News

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Law:

Milbank Moves On Summer Bonuses While Biglaw Firms Stall On Matching
(DBN)

Penn Law prof’s discrimination claims ‘do not pass the plausibility test,’ judge says in tossing her suit
(DBN)

Lawyers using AI to boost billable hours, report finds
(DBN)

Law School Taken Over By Cockroaches, In Case Student Debt Wasn’t Scary Enough
(DBN)

Big Law Firms Cool to Idea of Bringing on Burford’s Billions
(DBN)

Research reveals jump in junior lawyers quitting firms
(DBN)

How AI is Revolutionizing Job Search Strategies for Law Students
(DBN)

Meet the Lawyer CEOs Call When They’re Summoned to Capitol Hill
(DBN)

Trump lawyer who praised ‘Mein Kampf’ is now accusing Harvard of antisemitism, report says
(DBN)

Immigration sweeps leave gaping holes in San Diego families. ‘I just want my dad home’Trump administration to end temporary status of another 268,000 Venezuelan migrants, urging them to self-deportDHS opens new immigration detention facility inside Louisiana's Angola prison
(DBN)

'Identified as a threat': Newsmax sues Fox News for blocking its viewers
(DBN)

Trump to Ask Supreme Court to Toss Carroll Sex-Abuse Verdict
(DBN)

Texas lawmakers pass bill that curbs mailing of abortion pills into the stateTexas lawmakers pass bill allowing private citizens to sue abortion pill distributors
(DBN)

D.C. grand jurors reject latest wave of Justice Dept. indictment requests
(DBN)

‘Sandwich man’ gets off: DC jury nullification in the age of Trump
(DBN)

Nevada public defenders argue state's acting US attorney is serving without Senate confirmation
(DBN)

Trump acting US attorney who knows where 'bodies are buried' unlawfully in role: Lawyers
(DBN)

Would-be Trump assassin suspect sends witness list to Cannon including 'mad-fool' Trump
(DBN)

Judge allows advanced DNA evidence in Gilgo Beach serial killing trial
(DBN)

Cardi B Beats $24M Assault Lawsuit
(DBN)

An Alaska man's $95,000 plane was seized over a 6-pack of beer. Now he's taking his case to the Supreme Court.
(DBN)

Far-right activists ‘looted’ corporate assets to buy a castle, NY AG says in lawsuit
(DBN)

'Smoke filled the vehicle': Dad caught 'hot-boxing' car with 2-year-old son in back seat while parked outside swanky hotel, cops say
(DBN)

Man hanging with cousin wanted to 'test his reaction time' and shot him dead: Police
(DBN)

Woman stabbed TV-watching boyfriend 'out of nowhere': Police
(DBN)

Parents made boy mow lawn by hand, whipped him for bending knees while picking up weeds
(DBN)

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Judges:

Ex-Clerk to GOP-Appointed Justice Says Supreme Court 'Partisan' for Trump
(DBN)

In rare interviews, federal judges criticize Supreme Court's handling of Trump cases
(DBN)

Mass. federal judge apologizes to Supreme Court over NIH research funding case
(DBN)

U.S. Supreme Court poised to resolve clashes over Trump's power
(DBN)

Trump Admin Suffers 3 Legal Defeats in One Day
(DBN)

Trump appeals ruling that National Guard deployment to LA broke the law
(DBN)

Donald Trump Suffers Legal Loss in Bid to Fire Biden-Appointed Official
(DBN)

SCOTUS precedent comes back to haunt Trump in attempted firing of FTC commissioner
(DBN)

Judge rules Trump administration's funding freeze against Harvard was unlawful
(DBN)

Trump Suffers New Setback on Use of Wartime Deportation Law
(DBN)

Donald Trump's Former Lawyer Secures Lifetime Judge Role
(DBN)

Utah's congressional map must be redrawn now, judge rules
(DBN)

December trial set for Milwaukee judge accused of helping man to evade arrest in courtroom
(DBN)

Fifth Circuit Court Limits Presidential Powers in Immigration Deportation Case, Rebukes Trump-era Policy
(DBN)

Court is not ‘enforcement division’ for ‘Miss Manners,’ concurring judge says as discipline case is tossed
(DBN)

From Courtroom to Clickbait: Judge reflects on viral video livestreams in his court
(DBN)

Federal judge’s theory about shooter who wounded his law clerk leads to new trial for officers in Tyre Nichols case
(DBN)

Trump Foreign Aid Block Stopped Again as Billions Set to Expire
(DBN)

Pentagon Agrees to Lend Its Lawyers Out as Immigration Judges
(DBN)

Trump-Era Court Nominee Faces Intense Scrutiny Over Executive Power Views in Senate Hearing
(DBN)

Ex-Solicitors General Parse Recent Emergency Rulings’ Value
(DBN)

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Wall Street:

Stock futures rise slightly after Alphabet rally boosts S&P 500, Nasdaq
(DBN)

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Layoffs:

ConocoPhillips says it will cut workforce by 20-25%, shares fall
(DBN)

How AI is coming for your job
(DBN)

Thousands of Lloyds staff face axe in performance overhaul
(DBN)

Mass layoff ahead for Illinois janitorial services and facility management company
(DBN)

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Healthcare:

COVID wave washes over California. Some officials urge residents to mask up
(DBN)

DeSantis and Ladapo to ‘end all vaccine mandates in Florida law’Florida plans to end all state vaccine mandates, including for children to attend schools Florida Surgeon General Says Child Vaccine Rules Akin to 'Slavery'
(DBN)

Trump Pollster Briefed Republicans on Support for Vaccines
(DBN)

RFK Jr. critic blocked from FDA vaccine advisory panel
(DBN)

Covid Vaccine Confusion Leaves Doctors, Patients in the Dark
(DBN)

The Censorship Crybabies Are Now The Censors: FDA’s Vinay Prasad Uses Copyright Claims To Silence Critic
(DBN)

Roughly 15% of 26-year-olds, no longer on family plans, are uninsured
(DBN)

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Crypto:

Eric Trump’s Wealth Soars on $600 Million American Bitcoin Stake
(DBN)

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Pharma:

Pfizer Defends Covid Shot, Says Trump Deserves Nobel Prize
(DBN)

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Food/Beverage:

Abuelo's Mexican chain files for Chapter 11 bankruptcy
(DBN)

Online grocer Harvie, indebted and short on cash, seeks bankruptcy protection
(DBN)

Cracker Barrel’s Sales Took Hit Before It Went Back to Old Logo
(DBN)

McDonald’s Exits Restaurant Group as Wage Rift Divides Industry
(DBN)

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Corporate Governance:

Kiss Cam to Nestlé: CEOs Lose Their Jobs Over Office Liaisons
(DBN)

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Tech:

It's time to call it: The Big Tech backlash is formally over.
(DBN)

Trump administration doubles down on Big Tech antitrust cases despite Google setback
(DBN)

Google Saved From Breakup in Antitrust Case by AI Threat
(DBN)

US Pulls TSMC’s Waiver for China Shipments of Chip Supplies
(DBN)

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Economy:

Fed's Beige Book: "Little or no change in economic activity"Fed’s Beige Book Shows Little or No Growth Across Most of US
(DBN)

CBS News poll finds Americans describe "uncertain" economy as its ratings tick slightly back down
(DBN)

Fed report spotlights strains felt by US businesses, households
(DBN)

Layoffs rise, job openings fall to lowest level in 10 months: BLS
(DBN)

Bond markets show the world is flirting with disaster
(DBN)

US Treasury market banks on revenue from Trump’s tariffs
(DBN)

Trump asks Supreme Court to quickly hear appeal to save his tariffs
(DBN)

Ray Dalio warns U.S. debt crisis risks 'economic heart attack'
(DBN)

US Wage Growth for Job Stayers Exceeds Switchers for Sixth Month
(DBN)

Economists Expect Another Tepid US Jobs Report, Supporting Rate Cut A weak August jobs report will tee up the Fed to reduce interest rates. A worse one may spur even more cuts.
(DBN)

Trump's Tariffs Driving Up Prices at Nearly Half of Small Businesses—ReportTrump Says Not Considering Lowering Tariffs on India Imports Norway Salmon Exports to US Drop as Tariffs Shift Market FlowsApple has survived Trump’s tariffs so far. It might raise iPhone prices anywayIndia cuts tax rates to spur consumption, blunt tariff impactChinese Ecommerce Giants Rush to Europe as Trump Upends TradeTrump Says Trade Deals Would Unwind If Tariffs Struck DownCarney Sends Envoys to DC After ‘Constructive’ Trump CallTrump's 50% tariffs put India's billionaire families in the crosshairs
(DBN)

Job opening data falls to levels rarely seen since pandemic BLS: Job Openings Decreased to 7.2 million in July US job openings slip in July, adding to evidence that the American labor market is cooling Job Openings Fell In July—But Hiring Increased. Here’s What Industries Added The Most.
(DBN)

Fed’s Waller Says He Favors ‘Multiple Cuts’ in Coming Months
(DBN)

BOE’s Bailey Calls Trump’s Attacks on Fed ‘Very Concerning’
(DBN)

Federal Reserve governor shouts out Justice Kavanaugh to avert Trump firing, insists Biden WH had her mortgage details before she was confirmed
(DBN)

Trump’s Drive to Reshape the Fed Progresses With Rapid Senate Hearing
(DBN)

Trump Fed chair candidate: 'We need to start cutting rates'
(DBN)

U.S. workers are becoming more stressed about finances, BofA survey shows
(DBN)

Sen. Rand Paul blasts Trump’s stake in Intel as ‘a step towards socialism’
(DBN)

Trump's Immigration Policies Could Lead to First Ever Population Decline
(DBN)

Student Visa Holders Contribute $43.8B to US Economy—Report
(DBN)

Congress races to avoid government shutdown as partisan standoff deepens
(DBN)

How are Gen Zs affording luxury trips? For some, it’s all a facade
(DBN)

US Debt Clock
(DBN)

World Debt Clock
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Real Estate:

Q2 Update: Delinquencies, Foreclosures and REO
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

Housing Market Gets Worrying Sign From Land Sales
(DBN)

US City Selling Homes for $1
(DBN)

Black applicants twice as likely to be rejected for a US mortgage
(DBN)

Housing Market Gets Positive Forecast For 2030
(DBN)

NeueHouse, Members Club That Catered to Hollywood Creatives, Says It Will Shut Down
(DBN)

Manhattan Property Owners Seek Over $500 Million for Lots
(DBN)

City of Harrisburg finds receiver for Governors Square Apartment Complex
(DBN)

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Municipalities:

Bankruptcy judge appointed to mediate in Cle Elum Chapter 9 case
(DBN)

Sacramento County Supervisors reject Isleton loan request amid city bankruptcy riskSacramento County Supervisors turn down Isleton $800k loan plea, leaving options on table
(DBN)

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Politics:

Donald Trump's Immigration Approval Rating Falls To Second-Term Low: Poll
(DBN)

Republicans dismayed by Trump’s decision to use pocket rescission
(DBN)

Gavin Newsom Sees Support for 2028 Presidential Run Double in New PollGavin Newsom calls out Trump's 'dementia' after he repeats wildfire conspiracy theory
(DBN)

Donald Trump Asks For $15 Donations to 'Get to Heaven'
(DBN)

‘We don’t need a presidential emergency’: Bowser pushes back against DC takeover after Trump praise
(DBN)

Trump Suggests Sending National Guard To New Orleans Instead Of Chicago—Potentially Avoiding Legal HurdleTrump suggests National Guard could go into New Orleans, a blue city in a red state
(DBN)

Democrats Can’t Afford to Ignore Trump’s Creeping Fascism
(DBN)

Trump enforcer's shocking secret past exposed in explosive leaked memo
(DBN)

Epstein document dump blows huge hole in Pam Bondi's 'missing minute' theory as pressure mounts for Trump to disclose the truth - and MAGA rep says case 'a lot bigger than anyone anticipated'What the "missing minute" in the Jeffrey Epstein jail video shows Massie implores GOP colleagues to help force vote to release Epstein files Jeffrey Epstein Files Updates: Victim Shares Convicted Pedophile's 'Brag' About Trump'Epstein had a free pass': Survivor links her victimizer to 'our current president'Jeffrey Epstein Survivors Say They’re Compiling Their Own ‘Client List’ of Powerful Associates'Democrat hoax!' Trump lashes out at Epstein survivors who held press conference 'I'm a registered Republican': Epstein survivor calls for Trump to meet her face to face Epstein Victims Blast Trump’s ‘Hoax’ Label As President Doubles Down Nancy Mace 'Had Full-Blown Panic Attack' After Meeting Epstein Survivors'Let's be real': Epstein survivor blasts Trump lawyer Todd Blanche over Maxwell convoEpstein survivors implore Congress to act as push for disclosure buildsGOP leaders urging Republicans not to sign Epstein discharge petitionRepublicans approve measure supporting Epstein investigation amid discharge threatMarjorie Taylor Greene Says She Would Name and Shame Epstein’s ‘Client List’ in Congress
(DBN)

House creates panel to investigate Jan. 6 subcommittee after long delay
(DBN)

History Rhymes: Trump Death Watch Reveals Ugly Truth About Aging Presidents and Partisan Hacks
(DBN)

Levi's Issues Warning Over 'Rising Anti-Americanism'
(DBN)

The group behind Project 2025 wants a ‘Manhattan Project’ for more babies
(DBN)

Trump Advisers Have Discussed a Job for Adams to Quit Mayor’s Race
(DBN)

Nadler’s retirement reignites debate over advanced age of many in Congress
(DBN)

The right debates just how weird their authoritarianism should be
(DBN)

The 65-year-old theory that helps explain why the Democrats keep losing
(DBN)

5 Republicans defect to kill GOP measure to censure indicted Dem
(DBN)

Navy reverses demotion of Rep. Ronny Jackson, former White House doctor under Trump and Obama
(DBN)

Ban on congressional stock ownership gains momentum with new bill
(DBN)

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Climate:

Scientists Assail ‘Cherry-Picking’ of Trump Administration Climate Report
(DBN)

Study: There is less room to store carbon dioxide, driver of climate change, than previously thought
(DBN)

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Bicycles:

Dutch e-bike and fatbike company Voltes declared bankrupt
(DBN)

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Tax:

68 jobs may qualify for Trump’s $25,000 ‘no tax on tips’ deduction
(DBN)

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Education:

Judge voids $2.2 billion Harvard funding freeze by Trump administration
(DBN)

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Ride Hailing:

Tesla Says Its Robotaxi App Now Open to Public Riders
(DBN)

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Autos:

Tesla Sales Collapse Continues in Europe’s Top EV Markets
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Policy:

Legal Scholars Advocate Supreme Court Review of Bankruptcy Guardrails to Prevent System Abuse
(DBN)

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Mass Torts:

Sex abuse survivors move to dismiss Baltimore Archdiocese bankruptcy case
(DBN)

Trustee says it will fight 11% offer in NOLA archdiocese bankruptcy
(DBN)

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Aviation:

If one bankruptcy is a misfortune, two looks like carelessnessEngine issues and lease terminations among forces driving Spirit’s latest bankruptcy filingBankruptcy Court approves Spirit’s initial restructuring motionsTwice-bankrupt Spirit Airlines withdraws from 11 mid-sized US markets as part of network overhaul
(DBN)

Frontier stands to be the big winner from Spirit's 2nd bankruptcyFrontier Airlines' new perks target loyalty members of rivals, exec says
(DBN)

Japan Airlines Apologizes After Another Pilot Drinking Report
(DBN)

Flier Arrested For Dancing in Aisle, Swearing at Cabin Crew: Police
(DBN)

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Retailing:

Barnes & Noble to acquire Books Inc., saving 174-year-old store from bankruptcy
(DBN)

Macy’s shares jump 20% as retailer tops earnings estimates, raises outlook
(DBN)

Claire’s to shutter 300 locations amid bankruptcy proceedings: ‘My 9 year old daughter cried last week’
(DBN)

America's most luxurious grocery store to open in New York City... with five-figure entry fee
(DBN)

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Student Debt:

Student loan borrowers pausing payments have doubled since 2024, expert calculates
(DBN)

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Fraud:

Ghislaine Maxwell’s brother races to avoid bankruptcy over ‘Ponzi scheme’ loan
(DBN)

Daryl Heller, Heller Capital Group In $770M ATM Ponzi Case
(DBN)

At Singapore’s anti-fraud convention, even the experts get scammed
(DBN)

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Celebs:

Shilo Sanders Hit With Fines After Buccaneers Release Amid $11M Bankruptcy Battle
(DBN)

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Agribusiness:

How ranchers in Montana's Blackfoot Valley are challenging the status quo amid existential threats
(DBN)

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Transit:

NYC transit leaders investigating after video appears to show young people operating subway train
(DBN)

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UK:

Restructuring and insolvency specialist joins Squire Patton Boggs as partner
(DBN)

Apollo, Elliott, and Silver Point lead $27.4bn creditor push to fix Thames Water
(DBN)

Addleshaws freezes NQ pay at £100k to tackle salary bunching
(DBN)

‘Chickened out’: Solicitor struck off for hiding expert report from client
(DBN)

Cyber attack at city council contributed to £1.5million overspend and 'potential bankruptcy'
(DBN)

Billionaire Ploughed a Fortune Into Mayfair Flats as Market Soured
(DBN)

Bank of England’s Bailey Casts More Doubt on November Rate Cut
(DBN)

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Canada:

Quebec wants court to declare branch of Swedish battery developer Northvolt insolvent
(DBN)

In Canada, ‘medical aid in dying’ has become a leading cause of death
(DBN)

Toronto Home Prices Keep Sliding as Buyers See Jump in Listings
(DBN)

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Russia:

NATO scrambles warplanes as Putin launches 'biggest attack of the war'Russia launches over 500 drones in deadly attack targeting Ukraine's energy grid
(DBN)

Kyiv’s Allies Fear Putin Is Readying New Assault in Ukraine
(DBN)

Xi and Putin Discuss Immortality On Hot Mic Putin, Xi and Kim in most bloodcurdling hot-mic moment ever as despots discuss ‘replacing organs to achieve immortality’
(DBN)

Putin’s Energy Wins in China Deal a Blow to Trump’s Export Push
(DBN)

Are America’s four main adversaries really in cahoots?
(DBN)

Trump commits to pursuing Russia-Ukraine peace: They are "not ready yet," but "something is going to happen"
(DBN)

Trump Says He’s Open to More US Troops in Poland and Russia Penalties
(DBN)

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MENA:

‘The Voice of Hind Rajab’ Stuns Venice With Its Longest Standing Ovation of 22 Minutes Amid Tears and ‘Free Palestine’ Chants
(DBN)

Some Israeli reservists say they'd rather go to jail than serve in Gaza war
(DBN)

Classified IDF document purports ‘Gideon’s Chariots’ offensive against Hamas failed — report
(DBN)

Iran Nuclear Weapons Update: New Uranium Stockpiles Recorded
(DBN)

UAE Warns Israel Annexing West Bank Land Would Be ‘Red Line’
(DBN)

Israel Says It Foils Hamas Drone Plot to Assassinate Far-Right Minister Itamar Ben Gvir
(DBN)

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Brazil:

Bolsonaro’s Coup Trial Speeds Ahead as His Son Fights to Keep Trump Engaged
(DBN)

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El Salvador:

The high cost of El Salvador's war on gangs: New report finds corruption, civilian abuse
(DBN)

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Mexico:

As Rubio Visits Mexico, Its President Walks a Political Tightrope
(DBN)

Rubio says US and Mexico will strengthen security collaboration
(DBN)

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Norway:

Trump Ally Says Will Seek Norway Visa Denials Over Caterpillar
(DBN)

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South Korea:

Korea extends loan repayment period for bankrupt small businesses to 15 years
(DBN)

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China:

China Evergrande liquidators apply for receivers to identify founder's assets
(DBN)

China steps in to tame animal spirits as solar sector racks up billions in losses
(DBN)

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Hong Kong:

Hong Kong Court Considers the Interplay Between Arbitration and Foreign Insolvency Proceedings
(DBN)

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Spain:

DLA Piper Discusses Funds’ Views on Spanish Debt Restructurings
(DBN)

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