April 24, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Law Graduate Employment Hits Record High Again in 2025, ABA Data Shows
(DBN)

There Are No Slackers At This Biglaw Firm
(DBN)

Another ‘hallucinated’ court filing highlights the difference between Silicon Valley and the rest of the world
(DBN)

Financial Restructuring & Bankruptcy Partner Curtis M. Plaza Joins Fox Rothschild
(DBN)

In-House Lawyers Opt for Stability Amid Stagnant Salaries and Economic Uncertainty
(DBN)

Clients downgrade importance of law firms' DEI: 'passé in 2026'
(DBN)

Capital Markets Lawyers Wait for Windows of War Calm to Pounce
(DBN)

Perkins Coie Hires Investigator for Counsel’s Harassment Claims
(DBN)

Norton Rose Hit with $100 Million ‘Botched Patent’ SUIT
(DBN)

Black female associate files discrimination complaint against McDermott over alleged promotion snub
(DBN)

Associate raided coffers to pay unsent bills for ‘future work’
(DBN)

Group of global law firms form new alliance to address AI
(DBN)

AI Is Subsidizing Lawyers—For Now. Build Before the Meter Starts
(DBN)

The Line We Cannot Cross: Where AI In Law Is Headed And Why Judgment Still Must Lead
(DBN)

Freshfields partners with Anthropic on AI legal toolsAnthropic and Freshfields agree deal to create legal AI tools
(DBN)

After 15 years of falling, number of men enrolled in JD programs grew last year
(DBN)

Companies Are Quietly Killing Their Law Firm Diversity Mandates
(DBN)

Law Student Finds Himself In The Best Jeopardy Possible
(DBN)

LASIK malpractice plaintiff can keep $7.2M award, judge rules
(DBN)

Woman posing as lawyer led couple to believe they were divorced using forged documents
(DBN)

ICE tells officers to curtail court arrests, stop entering homes without warrantsAssault charge for immigration officer in Colorado could test immunity provisions for federal agentsJustice Dept. Targets Hundreds of Citizens in New Push for DenaturalizationJudge slams ICE for detaining man ineligible for deportation, chides DOJ for bad argumentsAngry Texas landowners confront feds over sloppy border wall plansDHS earmarks millions for ‘smart glasses’ for immigration agentsHouse Republicans grumbling about ‘skinny’ ICE funding package complicates its path
(DBN)

FBI Director's ex-hockey teammates spill all: 'This is who Kash really is'
(DBN)

DOJ Omits Crucial Element in Southern Poverty Law Center Charges
(DBN)

The unflattering secrets revealed so far in Elon Musk’s latest legal feud
(DBN)

US Justice Department watchdog to review release of Epstein files
(DBN)

Trump DOJ cuts thousands of law enforcement jobs amid crime pledge
(DBN)

A quiet crime is causing internet outages across Oakland
(DBN)

D4vd had significant amount of child sex abuse images on iCloud account, prosecutors say
(DBN)

Gilgo Beach serial killer's ex-wife relives slayings every night, sleeping in 'kill room'
(DBN)

Man planning mass shooting at a New Orleans festival arrested with hundreds of rounds of ammo
(DBN)

He Was Exonerated in a Murder and Elected to Office. He May Never Serve.
(DBN)

Mexican Mafia sweep by FBI nets dozens of arrests on murder, kidnapping charges
(DBN)

Mall of Louisiana shooting leaves two fighting for their lives as six injured and cops hunt for gunman5 in custody
(DBN)

Dad left 3 kids to die inside burning apartment while he saved himself, police say
(DBN)

Tesla driver claimed she hit coyote after nailing and killing father who was crossing road
(DBN)

Man accused of murdering minister and her grandson yells 'I want my mom' in court
(DBN)

'You brought this on yourself': Son poured tiki torch oil on dad's head, set him ablaze
(DBN)

Argument over onion rings at Steak 'n' Shake drive-thru window ends in gunfire
(DBN)

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Judges:

Don’t Blame John Roberts for the Shadow Docket
(DBN)

The judge in the Musk v. Altman showdown is no stranger to putting billionaires in their place
(DBN)

A tale of 2 appeals courts on constitutionality of 158-year-old home distilling ban
(DBN)

Court holds that 30-day deadline for removing cases to federal court is mandatory
(DBN)

Supreme Court considers whether police search of cellphone records violates Fourth Amendment
(DBN)

Judges seem skeptical of Kari Lake's pitch for ousting VOA head without court intervention
(DBN)

Ten Commandments In Schools Law Upheld, As Fifth Circuit Declares ‘Thou Shalt Not Confuse Us With Facts’The Fifth Circuit Overrules the Supreme Court and Nullifies the Establishment Clause
(DBN)

Judge rebukes Newsmax for trying to game courts in lawsuit against Fox News
(DBN)

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Wall Street:

 

Trump is swaying the market like no president has in decades, analysis shows
(DBN)

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Layoffs:

Meta will cut 10% of workforce as it pushes more into AIMeta to lay off 8,000 as part of AI efficiency pushWhite-collar bloodbath gathers pace
(DBN)

KPMG to Restructure US Audit Practice with 10% Reduction in Partners amid Market ShiftsKPMG to axe 10% of US audit partners
(DBN)

Microsoft plans first-ever voluntary employee buyout for up to 7% of U.S. workforce
(DBN)

Nike cuts 1,400 roles in second round of layoffs this year
(DBN)

Sandy Alexander, Inc. plans to lay off 150 employees
(DBN)

Lakewood moves toward 162 teacher aide layoffs as state takeover looms
(DBN)

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Cannabis:

280E, Insolvency, and the Inevitable Structural Failure of the Cannabis Economy
(DBN)

Federal Rescheduling and the Start of the Long Collapse of the Cannabis Industry’s Banking and Insolvency Paradox
(DBN)

Trump reclassifies state-licensed medical marijuana as a less-dangerous drug in a historic shift
(DBN)

The cannabis rescheduling is causing celebration - and confusion - as marijuana stocks sell off
(DBN)

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Retailing:

Why the QVC Bankruptcy Is Atypical—and Likely to End Soon
(DBN)

Small business owner feels 'robbed' after Painted Tree announces bankruptcy
(DBN)

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Economy:

Warren draws ‘parallels’ between AI ‘bubble’ and financial crisis
(DBN)

Nearly half of working-age Americans don’t have a retirement account—even 40% of workers nearing their 60s don’t have any money stored away
(DBN)

From condoms and shoes to airlines, consumers face expanding fallout from Iran war
(DBN)

Billionaire much admired by Trump warns Iran war may set off 'world catastrophe'
(DBN)

As Americans turn to blue-collar jobs for stability, here's which ones offer the most security - and which offer the least
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Brent oil tops $105 as tensions simmer in Strait of Hormuz, Israel threatens attacks
(DBN)

How the Iran war is hitting U.S. homebuilders
(DBN)

Ken Griffin’s Citadel attacks Zohran Mamdani for using his penthouse to sell New York tax planCitadel sends warning shot to NYC after Mamdani blasts billionaire GriffinCitadel warns $6B NYC project at risk after mayor's tax video
(DBN)

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Oil/Gas:

Trump says Americans should expect higher gas prices for ‘a little while’
(DBN)

BP suffers heavy defeat in investor climate vote
(DBN)

US shale bosses resist boosting oil output over Iran war ‘chaos’
(DBN)

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Politics:

Tracking approval and key issuesHow Trump's poll numbers now compare compare to 2018AP: Trump 33% Approval
(DBN)

‘I Have Half of MAGA’: The Republican Challenging Trump From Within
(DBN)

House Oversight Committee Republicans ‘Split’ Over Whether Convicted Child Sex Trafficker Ghislaine Maxwell Should Be Pardoned
(DBN)

Trump has eight days to make up his mind on Iran
(DBN)

Huge 'backlash' threatened as border town Trump voters admit 'we made a mistake': report
(DBN)

Why the Virginia redistricting referendum wasn't a slam dunk for Democrats
(DBN)

Republican appalls with proud brag of US war crime: 'We're literally starving them'
(DBN)

Haberman: Trump ‘would like to just be done’ with Iran war
(DBN)

Pope Leo vents about failure to end Iran war: 'Many innocent people have died'
(DBN)

'This is a heist': Eric Trump's Pentagon deal boast sees him compared to Hunter BidenEric Trump-backed robot startup lands $24M Pentagon deal to compete with China
(DBN)

"I wish none of this had happened": GOP's buyer's remorse on redistricting
(DBN)

King Charles won't meet Epstein survivors during visit
(DBN)

Howard Lutnick Admits Under Oath That He’s Only Sold One Trump ‘Gold Card’ Visa for $1M — After Claiming On a Podcast He’d Sold 1,000 of Them
(DBN)

Gallego Partied Until the Early Morning on Colombia Trip Despite Security Warnings
(DBN)

Concern Grows Over Republican Congressman’s Mysterious Absence
(DBN)

The limits on Scott Bessent’s Treasury swap lines for allies
(DBN)

Navy secretary’s removal points to Trump’s anxiety over shipbuilding
(DBN)

4 GOP senators vote against adding SAVE America Act to budget package
(DBN)

Krugman: Pete Hegseth’s plan to corrupt our armed forces
(DBN)

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Entertainment:

WBD Shareholders Back Sale To Paramount In Key Vote; David Zaslav Payday Rejected
(DBN)

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Healthcare:

Missouri hospital files for bankruptcy, pursues sale
(DBN)

7 healthcare bankruptcies in 2026
(DBN)

Employers are done being quiet about healthcare costs
(DBN)

CFOs feel healthcare pain rising as GLP-1s stretch budgets
(DBN)

FactCheck: “With one dose of ibogaine, more than 80% of people are free of (opioid) addiction. With two doses, it's more than 90%.”
(DBN)

Mercy Iowa hospital to pay $14.8M in OIG settlement
(DBN)

RFK Jr. draws backlash for ripping Medicaid programs that pay people to care for relatives
(DBN)

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Prediction Markets:

U.S. soldier involved in Maduro raid charged with betting on the operationClumsy attempt to cover it up
(DBN)

Vanguard chief warns of ‘financial exploitation’ by prediction markets
(DBN)

France Probes Weather Data Tampering After Surge in Polymarket Bets
(DBN)

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Food/Beverage:

Hardee’s operator files for Chapter 7 bankruptcy 77 Hardee’s Locations Are Shutting Down Following Dramatic Legal Battle & Bankruptcy
(DBN)

Red Lobster’s millennial CEO vowed Endless Shrimp would never return after it sunk the company. Two years later, the once-disastrous promotion is backRed Lobster revives 'Endless Shrimp' deal at higher price point after millions in bankruptcy losses
(DBN)

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Celebs:

Erika Jayne Discusses Potential Outcomes of Her $25 Million Civil Fraud Trial During “RHOBH” Reunion
(DBN)

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Water:

The world has entered a 'global water bankruptcy,' but markets are mispricing water as drought costs rise to $307 billion annually, analysts warn
(DBN)

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Horse Racing:

Harness racing community to receive $3 million from Hawthorne bankruptcy proceedings
(DBN)

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Banking:

Trump Says Admin Will Be Looking Into Banks Regarding Los Angeles Wildfires
(DBN)

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Tax:

Tax considerations for distressed companies: Entity structure and cancellation of debt income
(DBN)

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Culture:

Nearly 2 In 5 Americans Went ‘No Contact’ With A Loved One This Year
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (6 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Bankruptcies Increase 11.9 Percent
(DBN)

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Mediation:

Multi-Color Bankruptcy Brought Judge’s Mediation to Key Issues
(DBN)

Alex Jones strips down for a meltdown as his Infowars empire crumbles: ‘Body snatchers!
(DBN)

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Mass Torts:

Victim Pushback Delays Purdue Pharma Opioid Sentencing
(DBN)

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Recharacterization:

Sixth Circuit Concurrence Questions Bankruptcy Courts’ Debt Recharacterization Power
(DBN)

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Appeals:

“Indicative Rulings”: Settling Bankruptcy Disputes At Circuit Court Of Appeals (Cox v. Nostaw) (Part 4)
(DBN)

Stay Tuned – Bankruptcy Court Grants Stay of Case Dismissal but Requires $3.3 Million Bond
(DBN)

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Aviation:

Possible Spirit rescue fuels new fears about government involvement in businessUS taps Kirkland & Ellis for advice on Spirit Airlines rescueSpirit Airlines lawyer says cash ‘not going to last for very much longer,’ but government rescue on the tableTrump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price"Trump signals interest in buying Spirit Airlines with taxpayer backing, aims to resell for profitTrump On Bankrupt Spirit Airlines: 'I Think We Just Buy It'Trump faces conservative blowback over Spirit Airlines rescue Cruz on possible Spirit Airlines bailout: ‘Terrible idea’WSJ torches Trump's plan to nationalize Spirit Airlines Why Trump may hand taxpayers a majority stake in a failing airline: 'Everything is a deal' Spirit Airlines: MAGA is flying into a contradictionSpirit Airlines bailout? These Republicans aren't happy about it What smart people are saying about a potential Spirit Airlines bailoutSpirit is broken
(DBN)

You can fly almost anywhere in Europe for €20 while Spirit Airlines is staving off bankruptcy. Here’s the difference
(DBN)

United Airlines raises ticket prices up to 20% amid Iran war fuel surge
(DBN)

‘I Can’t Talk to Anybody.’ One Air-Traffic Controller’s Mental-Health Struggle.
(DBN)

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Tech:

Certain Chatbots Vastly Worse For AI Psychosis, Study Finds
(DBN)

U.S. accuses China of "industrial-scale" campaigns to steal AI secretsChina hackers steal western secrets by targeting consumer gadgets
(DBN)

Anthropic's growing pains mount ahead of OpenAI showdown
(DBN)

Anthropic: No "kill switch" for AI in classified settings
(DBN)

America must guard against China’s own Mythos
(DBN)

UK in talks with Anthropic over Mythos access for banks
(DBN)

Consumers turn to AI for investment decisions
(DBN)

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Dams:

Michigan is off the hook in lawsuit over 2020 dam collapse that flooded communities
(DBN)

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Software:

Software stocks plunge on ServiceNow, IBM results as AI fears escalate
(DBN)

US Software Sector Quarterly: AI Displacement Fears Drive Indiscriminate Selloff as Refinancing Risk Moves Into Focus
(DBN)

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Media:

The Onion’s Infowars Takeover Follows Complicated Legal Journey
(DBN)

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Crypto:

The $100 Billion Mistake: How FTX’s Bankruptcy Estate Undersold Everything
(DBN)

FTX’s $200K Cursor sale turns into $3B missed fortune
(DBN)

Trump’s meme coin is down 80% since his first event promoting it. He’s holding another gala for it this weekend.
(DBN)

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UK:

Insolvency Service announces partnership to crack down on rogue directorsInsolvency Service partners with Crimestoppers to crack down on directors operating while disqualified
(DBN)

PM Law group involved in £40m 'suspected fraud'
(DBN)

Freshfields staff in Manchester rue redundancies
(DBN)

Britons are now working like Americans
(DBN)

UK consumer confidence falls to lowest level in over two years
(DBN)

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EU:

Polish PM questions whether US is ‘loyal’ to Europe’s defense
(DBN)

The welcome return of German military might
(DBN)

Half of EU banks bereft of female executives
(DBN)

EU warns trade deal with US at risk over effort to strengthen it
(DBN)

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MENA:

Iran says 1st Strait of Hormuz toll revenues bankedUS military says it seizes another oil tanker associated with Iran‘Stable ceasefire and assurances’ needed for transit in the Strait of HormuzTrump orders the US military to ‘shoot and kill’ Iranian small boats choking the Strait of HormuzIran deploys more mines in the Strait of Hormuz, sources say India says it’s ‘worried’ for its seafarers after vessels come under fire in Strait of HormuzTrump claims leadership rift is confounding IranTrump is facing an increasingly patient IranUS-Iran war hits new stalemate with shaky ceasefire deal
(DBN)

Lebanese cabinet discusses potential move to join the ICCIsraelis express mixed views on Lebanon talks
(DBN)

Trump says Israel-Lebanon ceasefire extended by three weeks
(DBN)

China stockpiled huge amounts of oil before Iran war
(DBN)

Arnault warns Middle East could spiral into 'global catastrophe'
(DBN)

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Russia:

Putin sends ship ‘full of weapons’ through Channel
(DBN)

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Austria:

Before Bankruptcy: Benko Foundation Sold Prime Real Estate
(DBN)

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India:

IBC Is Not A Recovery Tool: Supreme Court Halts Insolvency Proceedings Against Solvent Company, Directs Decree-Holder To Pursue Execution
(DBN)

A Comparative Critique Of 2025 IBC Amendment
(DBN)

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