April 28, 2026

The Daily Bankruptcy News

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Law:

Biglaw’s Prime Directive: Don’t Dilute Equity, But Avoid Making It Seem Like A ‘Caste System’
(DBN)

Biglaw Harassment Account Includes Maybe The Most Insane Email A Biglaw Partner Has Ever Sent An Associate
(DBN)

Paramount Skydance Lawyer Paid $63 Million for Three Months Work
(DBN)

Alabama Justices Toss Case Over ‘Egregious’ Attorney AI Misuse
(DBN)

Federal Court Draws the Line on AI in the Courtroom: Disclose Your Tools or Face the Consequences
(DBN)

As AI Blunders Pile Up, Law Firms Address Ethics Implications of New Technology
(DBN)

Reed Smith Embroiled in $262 Million Legal Battle Over Eletson Gas Ownership Dispute
(DBN)

MMA Law Bankruptcy Highlights Complex Legal Tactics amidst Lender Litigation
(DBN)

What Law Firms Can Do to Prepare for Hidden Geopolitical Risk
(DBN)

Vault Ranks The Best Law Firms For Inclusion (2027)
(DBN)

BigLaw campaign contributions largely favor Republicans
(DBN)

ABA maintains commitment to bias elimination, diversity enhancement in justice system
(DBN)

ABA Settles With Blum Group That Alleged Racial Discrimination
(DBN)

A law student’s winning ‘Jeopardy!’ streak nets him $882K and a place in game show history
(DBN)

Southern University moves toward opening law school in Shreveport
(DBN)

AI Fuels ERISA Litigation as Risks Loom for Lawyers, Fiduciaries
(DBN)

Supreme Court Upholds Sanctions in Frivolous Lawsuit Against Google, Emphasizing Legal Integrity
(DBN)

Trump backs idea of changing ICE’s name to 'NICE'
(DBN)

Todd Blanche could be in the driver’s seat at the Justice Department for a while
(DBN)

There's a 'real' threat that Trump will 'destroy or sell' presidential records: Lawsuit
(DBN)

Good Job DOJ, Now The Conspiracy Theorists Have A Point
(DBN)

Feds yet to return vehicle Renee Good was shot and killed in
(DBN)

Prosecutors say suspect gave shifting accounts in Florida doctoral student killing case
(DBN)

Robbery suspect charged with murder, attempted murder of Chicago police officers at a hospital
(DBN)

Prosecutors say suspect in missing students' killings asked ChatGPT about disposing of a body
(DBN)

Ed Smart Warns Against Nancy Guthrie Family ‘Conspiracy Theories’
(DBN)

Beekeeper jailed after unleashing swarm during eviction
(DBN)

Parents make son spend his life propped up in a car seat behind home: Cops
(DBN)

Patient Snaps Over Dentures, Kills 2 Dentists
(DBN)

Woman threw dynamite at her boyfriend while he slept, when he woke up 'his hand was gone'
(DBN)

Man running from cops kills Lyft driver, teen passenger after fleeing traffic stop: Police
(DBN)

22 Buddhist monks arrested at airport after record drug bust
(DBN)

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Judges:

Delaware Chancery Court Strengthens Expertise with Bankruptcy Law Specialist Appointment
(DBN)

Trump officials hire 'deportation judges' with less training, experience • Jaw-dropping details of Trump’s new 'deportation' judges revealed
(DBN)

Judges And Former Clerks Encourage SCOTUS To Hear Judge Pauline Newman’s Case
(DBN)

Virginia court rules in favor of Democrats in redistricting case
(DBN)

US Supreme Court formally reinstates pro-Republican Texas voting map
(DBN)

DeSantis unveils gerrymandered Florida map as redistricting war rages
(DBN)

US Supreme Court hears privacy case involving smartphone location data • The Supreme Court seems nervous about letting the police track you with your phone
(DBN)

Justices debate rights of lawful permanent residents against backdrop of Trump’s immigration crackdown
(DBN)

Judge Albright, patent dispute magnet, leaving bench in August
(DBN)

Court Side-Eyes Trump’s Plan To Sue Himself And Loot The Treasury • IRS’s Trump Data Leak Suit Resolution Must Reinforce Neutrality
(DBN)

Political baggage is weighing heavily on the Supreme Court
(DBN)

US Supreme Court rejects Florida school gender-identity policy challenge
(DBN)

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Wall Street:

S&P 500 futures slip after benchmark posts another record
(DBN)

Wall Street dealers boost Treasury holdings to highest level since 2007
(DBN)

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Layoffs:

Amazon Layoffs Hit 4 States
(DBN)

Wren Kitchens closes 15 stores as all staff lose jobs
(DBN)

Nearly 650 Laurel Ridge Treatment Center employees to be laid off
(DBN)

Rogers offering buyouts to about 10,000 employees as it aims to cut spending
(DBN)

Cayuga Centers Slashing 300 Jobs
(DBN)

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Autos:

Honda and the power of (broken) dreams
(DBN)

GM raises 2026 guidance amid $500 million tariff refund, topping Wall Street’s earnings expectations
(DBN)

Filing Alert: Synergy Capital Auto Lending Chapter 11
(DBN)

Rivian CEO’s $403mn pay package dwarfs those of top US car bosses
(DBN)

The Rise of the High-Range, Less Expensive E.V.
(DBN)

The surprising reason why pedestrian deaths are down in the US
(DBN)

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Private Credit:

Private credit isn't safer than banks - it's just better at hiding losses
(DBN)

Should private credit be stressing out insurers?
(DBN)

Blue Owl investors shun cut-price exit offer from Boaz Weinstein
(DBN)

Milken family office alumni raise $4bn to target private capital upheaval
(DBN)

Fund finance market reaches $1 trillion driven by private credit, Moody's says
(DBN)

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Religion:

Pope Leo signals shift away from Catholic Church's focus on sex
(DBN)

Pastor who wrote a book about marriage is suspected of having more than one wife: Police
(DBN)

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Healthcare:

Big companies position themselves for payday from $50B federal rural health fund
(DBN)

A record-breaking measles outbreak in the US has ended. It may have helped drive a spike in vaccination rates
(DBN)

An ancient disease is making a comeback, and every American should be concerned
(DBN)

The unexpected ways AI can transform surgery
(DBN)

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Food/Beverage:

Domino's Pizza sees weak annual US sales as diners curb spending, shares slump
(DBN)

4 Million Fewer on SNAP Benefits After Trump Rule Changes
(DBN)

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Sports:

The great 2028 Olympic ticket crashout explained
(DBN)

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Pharma:

Novartis CEO warns reality of Trump’s drug pricing policy will set in over ‘the next 18 months’
(DBN)

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Freight:

STG Clears Final Hurdle to Exit Bankruptcy as Lender Dispute Concludes
(DBN)

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Economy:

Fed to hold interest rates as political drama overshadows policy debate • The Fed is nearing a turning point • Higher inflation is on the way. The Fed needs to make this clearer before it raises rates.
(DBN)

Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era
(DBN)

Corporate America is minting money—and not just in tech and finance
(DBN)

Coffee, fuel and houses: why Donald Trump has an inflation problem
(DBN)

California Billionaire Tax Has Signatures Needed for Ballot, Backers Say • Sergey Brin confronted Gavin Newsom at a treehouse party — then launched a political war
(DBN)

Two months into Iran war, economic strain mounts across emerging markets
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Commercial Mortgage Delinquencies Reach 4% as Early-Stage Defaults Rise
(DBN)

Want the lowest mortgage rate you can get? Credit-scoring changes mean home buyers need a new strategy.
(DBN)

A troubling plan to revive the frozen US property market
(DBN)

Developers of Worcester housing projects file for bankruptcy
(DBN)

Filing Alert: Impac Mortgage Holdings Chapter 11
(DBN)

Rock Hill courting ‘Palmetto Rock’ for failed Panthers practice site
(DBN)

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Municipalities:

Meet the mayor of a tiny Texas town who wants to limit how cities can govern
(DBN)

Mamdani’s plan to delay pension payments echoes the schemes that brought NYC to near bankruptcy
(DBN)

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Oil/Gas:

Giant fossil fuel companies made about $12,000 in the time it took you to read this headline
(DBN)

Oil prices hit two-week high as Iran talks stall and Strait shipments lag
(DBN)

Brent oil prices top $111 per barrel as traders weigh Iran’s Strait of Hormuz proposal
(DBN)

Global oil prices top $102 a barrel on concerns Iran may have to cut output due to storage issues
(DBN)

Goldman Sachs raises oil price forecast as war disruption drags on
(DBN)

Wall Street is getting twitchy on oil prices
(DBN)

Energy tax cuts spread to 39 economies as fuel prices jump
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Trump reached a 'milestone' that could be his undoing: analyst
(DBN)

Targets Too Hot To Troll
(DBN)

Trump fact-checked after '60 Minutes' interview
(DBN)

A new attack on the rituals that define US democracy
(DBN)

King Charles set to meet Trump for the toughest mission of his reign • King Charles’ mission impossible
(DBN)

US kills 3 in strike on alleged drug boat • A timeline of US strikes on boats that have killed at least 185
(DBN)

GOP senators losing confidence in Hegseth amid Pentagon turmoil
(DBN)

Fetterman: Democrats should ‘drop the TDS,’ fund Trump ballroom after shooting
(DBN)

Washington Hilton hotel says it was operating under Secret Service protocols on night of attempted attack • Conspiracy theories explode after WHCD shooting • Wiles orders major review amid furious shooting blame game • Jaw-dropping security revelation emerges after WHCD chaos • Widely Shared Video of Cole Allen Storming Security Is Enhanced by AI • Brewery Appears To Cheer Trump Assassination Attempt, Provokes Backlash • Emotionless DC ‘shooter’ is charged with trying to assassinate Trump after ‘opening fire’ at correspondents’ dinner • Read the email the accused shooter sent to his family before the alleged Trump assassination attempt
(DBN)

Senate Republican calls for scrapping filibuster to fund DHS after WHCA dinner shooting
(DBN)

US inches closer to change in how presidential elections are counted
(DBN)

Sergey Brin Moves to Right, With 'MAGA Girlfriend'
(DBN)

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Prediction Markets:

Prediction markets in hot seat over rogue bettors and insider trading
(DBN)

Most prediction market traders are losing money while bots rack up gains
(DBN)

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Tech:

Fusion of AI and Human Talent Puts IP Protection at a Crossroad
(DBN)

OpenAI-Linked Stocks Slump on Report of Startup Missing Targets
(DBN)

Trade Secrets Risk Exiting a One-Way Door When Data Is Fed to AI
(DBN)

Elon Musk and Sam Altman are about to face off in court. Is an impartial jury even possible? • Judge in Musk v. Altman seats nine-person jury. Opening arguments start Tuesday
(DBN)

Is Tim Cook’s departure a canary in the coal mine for tech stocks?
(DBN)

J&J sees AI halving the time to generate drug development leads
(DBN)

Google staff urge chief executive to block US military AI use
(DBN)

The great data center divide
(DBN)

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Radio:

A possible SiriusXM-iHeartMedia merger would be the latest ominous sign for radio
(DBN)

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Awards:

ABI Elects New Officers and Directors
(DBN)

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Construction:

Alarm spreads among road-builders as Iran war bitumen shortage bites
(DBN)

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Celebs:

$25 Million Erika Jayne Lawsuit Sold for $2 Million: Details
(DBN)

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Media:

Tim Heidecker and 'Onion' chief Ben Collins on their Infowars takeover
(DBN)

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Retailing:

Bankruptcy court, citing Saks Global’s merchandising woes, approves $500M in exit financing
(DBN)

Saks resolves issues with Simon Property as it moves closer to bankruptcy exit
(DBN)

The Saks Global Lenders Positioned to Own the Retailer After Bankruptcy
(DBN)

Wren Kitchens ceases operations in the US, files for bankruptcy • Bankrupt Kitchen Retailer Abruptly Closes All CT Stores, Leaving Customers In Limbo • What should CT customers of Wren Kitchens do after stores suddenly close? • Home Depot partner files for bankruptcy as 15 stores abruptly close – and customers could be out thousands of dollars • Customers left with unfinished renovations after Wren Kitchens abruptly shuts down • Wren Kitchens closure prompts Connecticut investigation
(DBN)

Bed Bath & Beyond is seeing new life, as rare sales growth lifts stock more than 25%
(DBN)

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Sports:

Botafogo's SAF admits it is on the brink of bankruptcy
(DBN)

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Gambling:

Online Betting Could Be Fueling Bankruptcies
(DBN)

Poker Pro Maurice Hawkins Files for Bankruptcy
(DBN)

Maverick Gaming Shutters Silver Dollar SeaTac Casino as Bankruptcy Unfolds
(DBN)

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Student Debt:

Treasury Department Takes On Collection Of Nearly $2 Trillion In Student Loans
(DBN)

Nevada Has Adopted New Student Loan Servicing Regulations Covering Both Servicer Conduct And Licensing
(DBN)

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  New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (30 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Texas leads U.S. in business bankruptcies as filings keep rising amid economic pressures
(DBN)

Bankruptcy Cases Filed, Terminated, and Pending—During the 12-Month Periods Ending March 31, 2025 and 2026 • Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the 12-Month Period Ending March 31, 2026 • Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the One-Month Periods Ending January 31, February 28, and March 31, 2026, Based on Data Current as of March 31, 2026 • Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the Three-Month Period Ending March 31, 2026 • Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code, District, and County—During the 12-Month Period Ending March 31, 2026
(DBN)

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D&O:

QVC’s Chapter 11 Filing and the Continuing D&O Coverage Challenges in Bankruptcy
(DBN)

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Mass Torts:

Supreme Court considers blocking lawsuits alleging weed killer causes cancer • Supreme Court Appears Divided Over Roundup Weedkiller Case
(DBN)

Congress Works to Stop  Bankruptcy Strategy Impacting Mesothelioma Lawsuits
(DBN)

Judge abruptly delays OxyContin maker sentencing after victims plea outside courthouse • Purdue Pharma to be sentenced, paving way for opioid settlement • OxyContin maker Purdue Pharma’s criminal sentence could be the last step before company dissolves
(DBN)

‘A punch in the gut’: After years of waiting, many opioid victims will be shut out of Purdue settlement
(DBN)

Archdiocese sells historic St. Thomas Aquinas Church in Hampden
(DBN)

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Aviation:

Two Spirit Airlines creditor groups back Trump bailout plan - Bondholder group remains divided over $500mn on offer • Trump admin’s big plans for Spirit Airlines revealed • ‘Capitalism works because the losers die’: Kevin O’Leary says it’s a ‘really bad idea’ for the federal government to bail out Spirit Airlines • Peter Schiff: Trump 'has more in common with AOC than Reagan,' shouldn't buy Spirit Airlines • WaPo slams Trump's Spirit Airlines 'socialism' • The Spirit of socialism • The US could be considering more airline aid—and Spirit stock is still soaring
(DBN)

United Airlines CEO Scott Kirby says a tie-up with American Airlines would be good for travelers • United chief hits out at American Airlines for refusing merger talks
(DBN)

The airline merger paradox
(DBN)

Jet fuel shortages could make travel a ‘total mess’ this summer
(DBN)

Cheap airlines want a fortune from Trump to stay in the air • Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise • As Spirit Airlines looks for a lifeline, Frontier and Avelo are asking the Trump administration for $2.5 billion to cover jet fuel costs • Budget Airlines Line Up For Subsidies After Spirit • US transport chief wants Congress involved in $2.5 billion low-cost airline aid request
(DBN)

JetBlue Plans Capacity Cuts, Fare Hikes as High Fuel Costs Widen Quarterly Loss • JetBlue faces $1B loss forecast as fuel costs surge
(DBN)

Wizz Air accuses Gulf airlines of putting politics before safety
(DBN)

Ryanair warning as two major airlines 'could collapse' amid jet fuel crisis • Ryanair boss Michael O’Leary claims ‘two or three’ airlines may ‘go bankrupt’ over fuel crisis
(DBN)

Why flying less won’t do much to ease the oil crisis
(DBN)

European airlines seize on jet fuel crisis to lobby against passenger perks
(DBN)

Flight forced to land after strange smell fills cabin
(DBN)

Delta passenger gives birth before emergency landing
(DBN)

Five injured after plane catches fire during takeoff
(DBN)

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Accounting:

AI Is Taking Over Audit Functions. Accounting Needs to Get Ready
(DBN)

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Fraud:

Supreme Court denies appeal of ex-Ohio House speaker's and lobbyist's convictions in $60M scheme
(DBN)

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Entertainment:

Paramount and Warner Bros to be nearly 50% foreign-owned after $111bn takeover
(DBN)

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Insurance:

Allianz Faces a Pivotal Fortnight as Record Payout, Board Overhaul, and Insolvency Warning Converge
(DBN)

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UK:

Barclays takes £228m hit from collapse of specialist lender
(DBN)

Claire’s shuts 150 stores across UK, Ireland in major downsizing push • Major high street shop closes all standalone branches leaving 1,000 out of work
(DBN)

UK jobs at risk as WH Smith heir fighting 'bankruptcy battle'
(DBN)

Retail sales slump as war fears hit spending
(DBN)

Revealed: How one London council pocketed more than £7million from six 'illegal' LTNs
(DBN)

Report: Fergie 'urgently calling friends for somewhere to stay'
(DBN)

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EU:

Middle East shock adds 3,750 insolvencies to Western Europe’s supply chains
(DBN)

Euro-Zone Banks Tighten Firms’ Credit Standards Most Since 2023
(DBN)

Are Europe and America headed for divorce?
(DBN)

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Canada:

‘I just feel used:’ Vendors owed thousands of dollars as Toronto Festival of Beer declares bankruptcy
(DBN)

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MENA:

Stalled US-Iran talks show limits of Pakistan mediation push • Newest Iran war settlement proposal concerns analysts • Mediators still seek to bridge US, Iran gaps despite failure of face-to-face talks • Iran’s hardliners clash over talks with US • Iran oil tankers turned back by US blockade, Hormuz traffic sparse • Iranian oil tankers are clustering just shy of US blockade line • Trump discussed Iran’s Hormuz Strait proposal with top aides, White House says • Trump to Address Iran Proposal ‘Soon’ as Oil Rises Further
(DBN)

Putin meets Iran’s top diplomat, commits to deep ties • Iran Heads to Russia for Help on US War—Why?
(DBN)

German Chancellor Merz says US ‘being humiliated’ by Iran
(DBN)

Gulf economies head for worst crisis since pandemic as war roils energy lifeline: Reuters poll
(DBN)

Palestinians use Gaza rubble to restore streets as US rebuilding plan stalls
(DBN)

Israeli strikes hit east Lebanon, expanding scope despite ceasefire • Hezbollah Vows to Keep Its Weapons as Lebanon Says Israeli Strikes Killed 14
(DBN)

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China:

The Iran war has the world buying more clean energy. China stands to benefit the most
(DBN)

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Spain:

How Madrid Supports Businesses Facing Bankruptcy
(DBN)

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Russia:

Mass Layoffs, Unpaid Wages Hit Coal Mines in Occupied Luhansk as Operator Nears Bankruptcy
(DBN)

Ukraine to take measures against Israel if grain ship docks, source says
(DBN)

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Venezuela:

US to let Venezuela pay Maduro's lawyer in drug trafficking case
(DBN)

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Japan:

Bank of Japan keeps policy rate steady while raising inflation forecast on Iran war worries
(DBN)

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Mexico:

Mexico arrests potential successor to drug kingpin ‘El Mencho’
(DBN)

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India:

The code comes full circle: rediscovering its preamble
(DBN)

'Insolvency Can't Be Debt Recovery Shortcut': Supreme Court Clarifies Limits Under Section 7 IBC
(DBN)

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