September 9, 2025

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Big Law’s Trump Deals Pose Ongoing Risks, Keker Leaders Warn
(DBN)

As Customs searches more electronic devices, lawyers have some considerations when they cross borders
(DBN)

Hospital Lender’s Allegations Highlight Risks of AI Integration in Legal Practices
(DBN)

Midlevel Biglaw Associates Can’t Believe How Terrible The Technology Is At Their Firms
(DBN)

Alston & Bird Adds Financial Restructuring Partner Peter Amend in New York
(DBN)

Donna Adelson was ‘matriarch mastermind’ in law prof’s murder, but others could be charged, jury foreperson speculates
(DBN)

Gavin Newsom Rips JD ‘Couch Boy’ Vance And His ‘Chuck E. Cheese’ Law Degree To Shreds
(DBN)

Trump loses bid to overturn $83.3M E. Jean Carroll defamation judgment
(DBN)

Supreme Court lifts limits on roving immigration patrols in Los Angeles areaSupreme Court lifts restrictions on LA immigration stops set after agents swept up US citizensImmigrants in Southern California go on high alert after Supreme Court rulingThe Supreme Court’s ICE Raids Ruling Is Shameful South Koreans feel betrayed by workforce detentions at Georgia Hyundai plantTrump backs ICE raid at Hyundai plant, but says US needs foreign experts to train Americans Korean companies admit cutting corners on US visas but say they have little choice Trump warns foreign companies after immigration raid at Hyundai plantThe ICE Raid on the Georgia Hyundai Plant Makes No SenseHyundai-LG immigration raid sparks alarm at foreign companies in the USTrump trade and immigration agendas collide in Hyundai raid The Billionaire Oligarchs and Corporations Profiting from ICE’s Deportation MachineSouth Sudan repatriates Mexican man deported from US in JulyRaid on upstate New York food manufacturer leads to dozens of detentionsTrump continues war of words with Illinois as ICE launches Chicago operationICE launches operation in Chicago despite objections from mayor and Illinois governorFactCheck: Video shows Chicago salt trucks were used “to slow traffic and block access points in response to an incoming ICE operation.”Chicago protesters defiant in face of Trump's deportation threatsUnder Trump administration, ICE scraps paperwork officers once had to do before immigration arrests
(DBN)

Trump’s Union Busting Tests Limits of ‘National Security’ Powers
(DBN)

Jury selection off to rocky start in case of man accused of trying to kill Trump
(DBN)

Trump asks Supreme Court for emergency order to keep billions of dollars in foreign aid frozen
(DBN)

Third Circuit to Deliberate on Disqualification of Acting U.S. Attorney Alina Habba in New Jersey Cases
(DBN)

Trump Downplays Domestic Violence As A ‘Much Lesser’ Crime
(DBN)

Police arrest 7 for allegedly stealing $100M worth of jewelry in massive Hollywood-style heist back in 2022
(DBN)

A military approach to drug busts upends US efforts and raises legal questions
(DBN)

Decades-old mystery solved: girl identified in New Hampshire serial killer case
(DBN)

Domestic abuse survivor who was inspiration for new reduced-sentencing law loses bid for release
(DBN)

Megan Thee Stallion’s Legal Team Mixes Music With Civil Procedure
(DBN)

Mom charged after missing 12-year-old fled abusive home and was killed by alligators: Cops
(DBN)

Man attempts to drown fiancee in motel pool, then pretends she did it to herself: Cops
(DBN)

Mom in heated custody dispute lied to 911 about ex-husband murdering their kids: Police
(DBN)

Butt dial leads to arrest of woman who allegedly helped man dump flight attendant's body
(DBN)

New Uvalde Records Reveal How the School District Changed Course on Supporting Police Chief
(DBN)

'She made me snap': Husband describes pumping bullet into wife's head because he was 'mad'
(DBN)

Video shows over a dozen masked robbers raiding California jewelry store
(DBN)

'He was terrorized': Teen slaughters 14-year-old during fight over PlayStation, cops say
(DBN)

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Judges:

Chief justice lets Trump remove member of Federal Trade Commission for now
(DBN)

Procedural Maneuvers in Trump Legal Battles Pose Threat to Supreme Court’s Role and Reputation
(DBN)

Humphrey’s Executor Executed In Broad Shadow Docket Slaying
(DBN)

Trump’s Increasingly Young Millennial Judicial Picks
(DBN)

Trump Cabinet Amping Up The Pressure On The Supreme Court
(DBN)

Trump Taps Millennials, Law School Stars for Latest Judge Picks
(DBN)

‘Becoming Thurgood’: The Supreme Court Justice Who Redefined Civil Rights
(DBN)

California Judge Convicted of Murder Seeks New Trial, Citing Procedural Errors and Alleged Miscarriage of Justice
(DBN)

Judicial Independence at Stake: Senate Confirms Controversial Judge to Florida Federal Bench Amid Rising Political Tensions
(DBN)

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Wall Street:

Stock futures tick higher as Nasdaq tries to build on record
(DBN)

JPMorgan warns Fed rate cut could become ’Sell the News’ event
(DBN)

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Layoffs:

Bremer Bank to layoff 244 people in Minnesota
(DBN)

Big Oil slashes jobs and investments as low crude prices take toll
(DBN)

Serta Simmons factory closure in Falconer impacts about 80 workers
(DBN)

BCBS Tennessee cuts more jobs
(DBN)

Nearly 300 Laid Off in Washington’s Perdue Farms Job Cutback
(DBN)

University of Oregon announces 60 more layoffs, 176 total positions terminated
(DBN)

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Healthcare:

In Chapter 11, The Villages Health is ready to sell, but insurance companies are concerned
(DBN)

North central California hospital faces closure after losing federal 'critical access' status
(DBN)

Hospitals aren’t the only ones stepping back from Medicare Advantage
(DBN)

OBBBA impact could cost hospitals $25B a year: Report
(DBN)

Hospital margins slide to 2.6% average, profitability declines: 6 notes
(DBN)

This is what could happen to a child who doesn't get vaccinated
(DBN)

Democrats urge caution in battle over vaccines, RFK Jr.
(DBN)

RFK Jr. says he sees no successes in the agency he leads
(DBN)

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Cannabis:

State Appellate Court Expands Receivership Powers for Cannabis Industry Defaults Amidst Legal Ambiguities
(DBN)

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Entertainment Venues:

Brooklyn Mirage Creditors Seek Trustee Takeover, Citing ‘Fraud’
(DBN)

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Autos:

Wholesale Used Car Prices Unchanged in August; Up 2% Year-over-year
(DBN)

How Badly Has Elon Musk Damaged Tesla?
(DBN)

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Economy:

New York Fed finds consumers more worried about job market in August
(DBN)

Unemployment ticks up as tariff-related uncertainty slows hiring
(DBN)

Staffing Crisis Unfolds at BLS With a Third of Leadership Jobs Now Vacant
(DBN)

Trump’s Cuts Are Making Federal Data Disappear
(DBN)

Traders see a chance the Fed cuts by a half point
(DBN)

Why the Fed should not cut rates now
(DBN)

Recession Watch Metrics
(DBN)

SCOTUS allows Trump's firing of FTC commissioner for now, and Lisa Cook should take notice
(DBN)

Trump's calls to dismiss Fed governors undermine independence, Citadel CEO writes in WSJ op-ed
(DBN)

Trump Is Accusing Foes With Multiple Mortgages of Fraud. Records Show 3 of His Cabinet Members Have Them.
(DBN)

Image of Capitalism Slips to 54% in U.S.What Americans think about socialism and capitalism, according to a new Gallup poll
(DBN)

Lumber Prices Are Flashing a Warning Sign for the U.S. Economy
(DBN)

Congress splinters into unlikely factions over looming government shutdownGOP, Democratic leaders look to de-escalate shutdown standoff
(DBN)

Trump is breaking Social Security
(DBN)

Trump’s ‘Catastrophic’ Worry: What Happens If The Supreme Court Rules Against His Tariffs Potential tariff refund bill could top $1 trillion as Supreme Court fight looms New tariff rules bring 'maximum chaos' as surprise charges hit consumers Brazil's Lula calls for tighter trade ties for BRICS as tariffs bite
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

September ICE Mortgage Monitor: House Prices Up Slightly Year-over-year
(DBN)

Housing September 8th Weekly Update: Inventory Down 1.7% Week-over-week
(DBN)

Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on
(DBN)

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Municipalities:

City of La Marque on the verge of bankruptcy
(DBN)

Santa Monica’s money woes put spotlight on LA-wide sex abuse payouts
(DBN)

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Oil/Gas:

New Fortress Energy plummets to record low as mounting losses spark bankruptcy fears
(DBN)

USA Oil Output At All Time High But Growth Slowing
(DBN)

Trump Says America’s Oil Industry Is Cleaner Than Other Countries’. New Data Shows Massive Emissions From Texas Wells.
(DBN)

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Corporate Governance:

Delaware Court Ruling Reinforces Fiduciary Oversight Standards for Corporate Governance
(DBN)

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Climate:

Warming seas threaten key phytoplankton species that fuels the food web, study finds
(DBN)

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Politics:

Trump support ticks up in new survey
(DBN)

The Untold Saga of What Happened When DOGE Stormed Social Security
(DBN)

‘Most expensive gardeners in history’: What the National Guard are doing in DC
(DBN)

Democrats release suggestive letter to Epstein purportedly signed by Trump, which he deniesDemocrats rekindle Trump’s Epstein problem with birthday note Trump admin calls lewd birthday message to Jeffrey Epstein 'fake'Birthday message apparently from Bill Clinton to Epstein included in newly released docs
(DBN)

Trump boosts end-run around Johnson on congressional stock trading banTax deferrals and big penalties: Lawmakers with stocks face financial upheaval
(DBN)

House Oversight Committee receives Epstein's 'birthday book'
(DBN)

Thune says Senate will change the rules to push through Trump’s blocked nomineesSenate Republicans eye 'nuclear option' for rules change to speed up Trump nominees
(DBN)

‘I’m Gonna Punch You in Your F--king Face’: Scott Bessent Threatens an Administration Rival
(DBN)

Trump attends the US Open to mixed cheers and boos Speculation Erupts as Trump, 79, Bites on Mystery Blue Object at U.S. OpenDonald Trump falls asleep at US Open final after causing chaosTrump appears with Rolex CEO at U.S. Open even as 39% tariff threatens Swiss watch imports
(DBN)

Trump walks back his Chicago 'war' threat, but vows to 'clean up' citiesTrump Angrily Tells Reporter His Own Truth Post Is ‘Fake News’
(DBN)

Trump celebrates West Point alumni group canceling award ceremony to honor Tom Hanks
(DBN)

Fired FEMA chief recounts ‘hostile relationship’ with Trump officials
(DBN)

Wisconsin legislative feud erupts in public with lawmaker accused of threatening fellow legislators
(DBN)

Texas state Rep. James Talarico launches campaign for U.S. Senate
(DBN)

Hegseth in Puerto Rico as Pentagon eyes island for military usage
(DBN)

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Food/Beverage:

Filing Alert: Pinstripes Chapter 11
(DBN)

Red Lobster introduces new shrimp deal a year after bankruptcy caused by disastrous bottomless offer
(DBN)

America's favorite slop bowl chains are in trouble. We tasted them to figure out why.
(DBN)

Olive Garden rival closes yet another restaurant after third bankruptcy in seven years
(DBN)

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Banking:

US senators Warren, Sanders urge big banks to boost loans instead of dividends
(DBN)

Trump Wants to Crack Down on “Debanking,” but He’s Dismantling a Regulator That Was Doing Just That
(DBN)

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Solar:

Houston solar firm Sunnova completes bankruptcy sale; CEO gets new C-level role
(DBN)

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Retailing:

Barnes & Noble to acquire bankrupt Books Inc. for $3.25M
(DBN)

NW Alpine is Latest Outdoor Company to Signal Business Closure
(DBN)

CT high-end furniture retailer closing after 40+ years. ‘It was finally time to move on’
(DBN)

Ssense granted temporary protection from lenders seeking speedy sale
(DBN)

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Media:

Murdoch seals $3.3bn succession deal to hand empire to eldest son
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (71 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

New Orleans Archdiocese bumps up offer to clergy abuse survivors by $50MNew Orleans Archdiocese agrees to $230 million settlement in clergy sex abuse case, attorneys say Archdiocese of New Orleans announces proposed ‘multimillion dollar’ bankruptcy settlement
(DBN)

Judge Approves Chapter 11 Plan for Rochester Diocese With $246M Claims Fund
(DBN)

Clergy sex abuse survivors speak at status conference in Archdiocese of Baltimore's bankruptcy case
(DBN)

Archdiocese of Baltimore seeks to lease land for solar farm amid bankruptcy dispute
(DBN)

Alex Jones Takes $1 Billion Sandy Hook Case to Supreme Court
(DBN)

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Standing:

Insurance Companies Denied Standing in Albany Diocese Bankruptcy Case
(DBN)

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Bankruptcy Strategy:

Navigating Creditor Dynamics in Receiverships and Bankruptcy
(DBN)

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Bankruptcy Crimes:

Ohio man pleads guilty in bankruptcy-related fraud case, prosecutors say
(DBN)

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Aviation:

Filing Alert: CTL Aerospace Chapter 11
(DBN)

India's SpiceJet repays $24 million in dues to Credit Suisse
(DBN)

____________

Religion:

Pastor Doug Wilson’s fringe teachings go mainstream in Trump’s Washington
(DBN)

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Tourism:

Struggling U.S. Tourism Takes Another Hit: New Visa Requirement For Foreign Visitors
(DBN)

____________

Education:

Trump says Education Department to issue guidance protecting prayer in public schools
(DBN)

Harvard is back to school for a year students and staff say will be a test case in free speech
(DBN)

College Students Across the Political Spectrum Support Shouting Down Opponents
(DBN)

U.S. high school students lose ground in math and reading, continuing yearslong decline
(DBN)

____________

Art:

Banksy unveils a new mural of a judge beating a protester outside London court
(DBN)

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Tech:

Wolfspeed’s Plan of Reorganization Confirmed, Clearing Path to Emerge from Restructuring Process Wolfspeed Soars 58% Post-Chapter 11 Court Approval
(DBN)

Two-thirds of businesses believe AI is a driver in economic growth
(DBN)

Nine in ten businesses looking to AI to solve key business issues
(DBN)

Judge reviews $1.5B Anthropic settlement proposal with authors over pirated books for AI training
(DBN)

Google admits the open web is in ‘rapid decline’
(DBN)

____________

Sovereigns:

Our Traditional Creditors Have Lost Interest In Georgia – Financier Nika Shurghaia
(DBN)

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UK:

Report says Bedford Borough Council must take urgent action to avoid bankruptcy
(DBN)

Creditors seeking to claw back £113.2m from collapsed fitout specialist have hopes dashed by administrators
(DBN)

Yorkshire start-up and insolvency-related activity fall in August - R3
(DBN)

Mortgage repayment affordability hits toughest level since 2008
(DBN)

____________

France:

Fall of Macron’s government looks certainFrench government collapses as PM François Bayrou loses confidence voteIs debt-laden France becoming Europe's new problem child?
(DBN)

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Russia:

Ukraine battles air defense shortage as Pentagon slows shipments
(DBN)

US demands EU stops buying Russian gas if it wants new sanctions on Putin
(DBN)

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Cayman Islands:

Send In The Troops? Proportionality, Notice And The Appointment Of Joint Provisional Liquidators In The Cayman Islands.
(DBN)

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MENA:

Israel bombs another Gaza City high-rise as U.S. advances a new ceasefire proposal
(DBN)

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Hong Kong:

Hong Kong court extends bankruptcy of man who forged Nina Wang’s will by 4 years
(DBN)

Alert for creditors: Arbitration agreements may block Hong Kong winding-up
(DBN)

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South Korea:

Seoul court ends Wemakeprice rehabilitation, bankruptcy looms
(DBN)

____________

Malaysia:

Insolvency (Cross-Border) Bill 2025 key to modernizing Malaysia’s legal system, says Sarawak Senator
(DBN)

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China:

China mulls revision to Enterprise Bankruptcy Law
(DBN)

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Switzerland:

Swiss company bankruptcies explode
(DBN)

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Australia:

Bega paedophile victim calls for support to change bankruptcy laws
(DBN)

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India:

India’s Startup Reality Check: When Insolvency Becomes Part of Maturity
(DBN)

Govt to keep IBC sector-agnostic despite industry demands
(DBN)

IBC law to make it harder for owners to divert funds
(DBN)

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