April 29, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

The First Draft Is the Power Move Law Firms Keep Ignoring
(DBN)

The Gap Is Closing: Why AI Is Breaking The Billable Hour Model
(DBN)

Equity Partners Are Becoming Passé
(DBN)

After Years Of Decline, Male Law Students Make A Modest Comeback
(DBN)

N.J. lawyer fined $5K for AI-generated brief with fake citations, hallucinations
(DBN)

Davis Polk Looks to Appellate Star Shanmugam to Elevate DC Build
(DBN)

Climbing Karma Mountain: The Rainmaker’s Advantage No One Teaches In Law School
(DBN)

Milbank trainee breaks world record for fastest marathon dressed as comic book character
(DBN)

The Biglaw Attorney Who Billed 3,451 Hours Last Year Deserves A Nap
(DBN)

Federal Judge Orders NY State to Pay Prisoner's Big Law Legal Bill
(DBN)

Court Rebukes Fired DOJ Lawyer for ‘Odious’ and False AI Filings
(DBN)

Florida Attorney Who Battled His HOA Is Jailed Over Refusing To Name Disgruntled Neighbors
(DBN)

Change of Venue: Few lawyers move to upstate New York, but a state program is trying to change that
(DBN)

Seton Hall Law Student Lands In Jeopardy!’s Top Five
(DBN)

Georgetown Law Professor’s Tweet About Correspondents’ Dinner Attack And Barack Obama Is Just As Bad As You’re Imagining
(DBN)

Oaktree Capital accuses BJ’s of breaching deal to sell tariff refund claim
(DBN)

New DHS chief’s call for quieter immigration enforcement alarms MAGA baseICE arrests of Cubans skyrocketRenee Good's killer remains on duty in another state as FBI probe grinds to a halt: reportNew State Department rules would deny visas to those who fear returning homeMigrants blame Kristi Noem in appeal to Supreme Court
(DBN)

Military Quietly Accelerates Boat Strikes, Deploying More Aircraft
(DBN)

James Comey Indicted For Playing With Sea Shells In New Low Point For DOJ Integrity Justice Department indicts former FBI Director James Comey againJames Comey indicted for second time by Justice DepartmentNew case stems from photograph of seashellsJames Comey Responds to Trump DOJ Indictment for ’86 47′ Post: ‘Let’s Go’
(DBN)

Todd Blanche Sued Over Epstein Files Cover Up
(DBN)

Sam Altman's sister loses lawyers in her sexual abuse lawsuit against OpenAI CEO
(DBN)

Portrait emerges of White House correspondents' dinner suspect as intelligent, shyAlleged gunman at correspondents' dinner was deeply Christian in collegeSure, The Correspondents’ Dinner Shooter’s Bullet ‘Just Disappeared.’ That’ll Quiet The Conspiracy Theorists Right Down3 days after correspondents’ dinner, FBI still unsure who shot officer outside ballroomDOJ Files Ballroom Brief That Reads Like Truth Social Post — Because Trump Probably Wrote It
(DBN)

64-year-old man arrested in connection to 1991 Northern California cold case murder
(DBN)

Thousands of Homeless Could Be Forced Into Unpaid Labor in Louisiana Under New Bill
(DBN)

Judge tosses murder conviction for man who served 25 years
(DBN)

Taunting Yankees fan brutally beaten up by Rangers fans; girlfriend thrown down steps in wild scene
(DBN)

Adopted and Locked Away: Kids promised ‘forever homes’ instead confined in for-profit institutions
(DBN)

Ex-NBA player Damon Jones is 1st to plead guilty in gambling sweep that led to over 30 arrests
(DBN)

Upstate NY dad laughs in court as he admits to killing his girlfriend and 11-year-old son
(DBN)

Mom of 3 killed trying to help woman who’d been jumped in bar parking lot
(DBN)

He Was Supposed to Die in Prison, but the Prosecutor Felt Guilty
(DBN)

Suspect, 89, held after gunman wounds five in Athens shootings
(DBN)

Cartel kingpin ‘Don Dario’ is busted living secret life in California after $10M bounty
(DBN)

Cop placed on leave after body-slamming man in Walmart: ‘I thought he was dead’
(DBN)

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Judges:

Bankruptcy Judge Recruitment Notice - District of Arizona
(DBN)

BK SD NY: Pardon Our Appearance
(DBN)

Judge to oversee Maurene Comey's suit against DOJ
(DBN)

Pentagon can restrict journalists' access: Judge
(DBN)

A Supreme Court justice’s personal ties to Haiti highlight stakes in asylum case
(DBN)

Gorsuch Signals Supreme Court May Block Religious Group’s Cisco Lawsuit
(DBN)

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Wall Street:

S&P 500 futures edge higher as Wall Street looks ahead to ‘Mag 7’ earnings and Fed decision
(DBN)

'Melt-up' risk builds as narrow tech rally propels stock market
(DBN)

JPMorgan's Dimon Warns Again On Risks Of Credit Market Downturn
(DBN)

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Layoffs:

Nike cuts 1,400 roles as it reshapes technology team
(DBN)

Layoffs halted for hundreds of people days before they were set to lose job
(DBN)

FreshRealm layoffs NJ: More than 600 jobs at risk in Linden
(DBN)

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Fraud:

Bay City civic leader sentenced in fraud scheme that bankrupted group
(DBN)

Agents serve search warrants in federal fraud probe in Minnesota
(DBN)

Americans lost $2.1 billion to social media scams last year, 8 times more than in 2020. Facebook alone cost users more than texts and emails combined
(DBN)

Burt Marshall pleads guilty and will serve prison time for running decades-long Ponzi schemeUpstate NY businessman pleads guilty for stealing over $50M in Ponzi scheme
(DBN)

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Tech:

AI May Be The U.S. Economy's Only Hope
(DBN)

AI and Corporate Governance: Do Boards Need an AI Expert?
(DBN)

Elon Musk Assails Sam Altman on Social Media Before OpenAI TrialMusk and Altman show up for opening statements in trial that could reshape AI’s future‘Stole a charity’: Elon Musk accuses Sam Altman of betrayal in courtroom showdownMusk testifies he’s suing OpenAI to stop Altman’s ‘looting’Musk vs. Altman is about what we don't already know
(DBN)

OpenAI reportedly missed revenue targets. Shares of Oracle and these chip stocks are fallingOpenAI’s revenue, growth estimates fall short as company races toward IPO: Report
(DBN)

CEO of a $25.9 billion bank had his AI clone lead the company’s earnings call
(DBN)

EU takes action against Meta over failure to protect children on social media
(DBN)

Can trademarking Taylor Swift’s voice, likeness combat deepfakes?
(DBN)

Suspect in students’ killings asked ChatGPT how to dispose of bodies, prosecutors say
(DBN)

AMA Calls On Congress To Improve Safeguards For AI Mental Health Chatbots
(DBN)

Two-thirds of babies watch screens — some for eight hours a day
(DBN)

We've been warned
(DBN)

EU finds Meta failing to keep under-13s off Facebook, Instagram
(DBN)

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Religion:

Mississippi’s largest synagogue finds triumph in rebuilding after arson
(DBN)

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Healthcare:

2 hospitals file for bankruptcy as they await buyers
(DBN)

‘We can fix this’: North Star interim CEO sees path forward
(DBN)

Georgia governor candidate tied to Jackson Hospital bankruptcy fight
(DBN)

Health Care Service Corp. posts $1.9B loss in 2025
(DBN)

BCBS Alabama posts $3.2M loss in 2025
(DBN)

BCBS Arizona posts $335M loss in 2025
(DBN)

Grand Jury Indicts Former N.I.H. Official
(DBN)

California Clinic Accused in $34M Medicare Fraud Probe
(DBN)

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Wind Energy:

Trump Cancels More Wind Leases
(DBN)

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Climate:

Greenland ice sheet and Europe’s glaciers shrink further, scientists say
(DBN)

Georgia wildfires come as much of America is ready to burn
(DBN)

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Media:

Alex Jones files emergency motion to block Onion deal for InfowarsAlex Jones’ Infowars Seeks to Shut Down the Onion’s Takeover Tim Heidecker on His Plans for Infowars, and What He’s Going To Do With Alex Jones’ Stuff
(DBN)

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Agribusiness:

Iowa farm bankruptcies more than double as economic pressures mount
(DBN)

California peach growers secure federal funds to pull trees after Del Monte bankruptcy
(DBN)

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Accounting:

KPMG shuts US government audit practice after losing army contract
(DBN)

First Brands chose BDO for ‘less rigorous’ approach, witness says
(DBN)

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History:

People protested the Statue of Liberty.
(DBN)

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Economy:

Gallup: Americans feel worse off financially than at any point in 25 years!
(DBN)

Inflation could get in the way of Warsh’s desire to cut interest rates, CNBC survey finds
(DBN)

How Jay Powell repelled Donald Trump’s attacks on the Federal Reserve
(DBN)

Federal Reserve expected to hold ratesHere’s everything to expect when the Fed issues its latest interest rate decision Wednesday
(DBN)

59% of Americans live paycheck to paycheck
(DBN)

Consumer confidence unexpectedly inches up as view of jobs brightens
(DBN)

$200 oil - and two other scenarios - could tip the world into a recession, says this global bank
(DBN)

The Ultra-Wealthy Are Looking Away From the US To Invest Their Money
(DBN)

Jamie Dimon warns of ‘some kind of bond crisis’ ahead as global debt risks build
(DBN)

So Nobody Is Going to Pay Taxes Now?
(DBN)

US activists plan May Day economic blackout: ‘No school, no work, no shopping’
(DBN)

Maritime Chokepoints Tighten, Global Supply Chain Risk Rises
(DBN)

DHS shutdown: Congressional dysfunction imperils pay for TSA, Secret Service
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Fannie and Freddie: Single Family Delinquency Rate Decreased Slightly in March
(DBN)

Mortgage rates are rising again, but homebuyers are trickling back
(DBN)

Denver Surpasses Tampa as Market With Fastest-Falling Home Values
(DBN)

Real estate company with extensive Worcester holdings files for bankruptcy
(DBN)

Filing Alert: Grande Isle I & II Condo Associates Chapter 11
(DBN)

Renters in NYC Are ‘Trapped’ by Prices, With Typical Mover Needing a $70K Pay Bump To Relocate
(DBN)

Few Maui fire survivors will break even $4 billion payout: ‘there’s just not enough’
(DBN)

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Municipalities:

Bankrupt Pennsylvania City Stymied by Three-Way Standoff
(DBN)

Mamdani pushes to shrink NY hedge-fund, private-equity tax break
(DBN)

Candidate Backed by Zohran Mamdani Loses Election: What It Means
(DBN)

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Oil/Gas:

United Arab Emirates to leave OPEC May 1, energy chief says still committed to oil price stabilityThe UAE's OPEC Exit Is Existential For The Oil Cartel Without UAE, OPEC will have less leverage over world oil supplies‘The beginning of the end of OPEC’: can the oil cartel survive the UAE’s exit?UAE opens up an OPEC fissure
(DBN)

These two countries are the most likely to leave OPEC's orbit next
(DBN)

Krugman: The Oil Squeeze Tightens
(DBN)

Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $114 per barrel
(DBN)

The Oil Supply Shock Will Scar the World for Years
(DBN)

Why no one can afford for the Strait of Hormuz to still be closed by the summer
(DBN)

Trump huddles with oil execs as Iran stalemate drags on
(DBN)

BP profits more than double, beating expectations as Iran war boosts oil prices
(DBN)

USA Oil, Gas Workforce Shrinks in 7 of Last 10 Years
(DBN)

Experts expect another spike at pump: 'Day of reckoning coming'
(DBN)

California’s oil and jet fuel supply is getting slammed by a perfect storm of unfortunate timing—and help is years away
(DBN)

Gasoline Prices Skyrocket to New High: Map Shows Averages Across Country
(DBN)

China poised to restart exporting jet fuel, diesel and gasoline
(DBN)

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Politics:

Tracking approval and key issuesPoll: Trump Approval 34%Trump’s Net Approval With Millennials, Baby Boomers Hits New Low: Poll
(DBN)

Republicans Brace for Brutal Midterms as Trump’s Popularity Slips
(DBN)

State Dept. Finalizing Plan to Put Trump Picture on U.S. Passports
(DBN)

‘Disappointed,’ ‘Surprised,’ ‘Betrayed’: 12 Trump Voters on What Has Gone Wrong
(DBN)

Trump's red-meat retribution
(DBN)

Trump Tests the Limits of His Most Faithful Supporters
(DBN)

Is the U.S. in a Politically Violent Age? What the Data and History Say
(DBN)

Trump’s $1.5 trillion defense plan draws rare Republican pushback
(DBN)

Calling Trump a Tyrant Is Not a Call to Violence
(DBN)

Talarico leads both Cornyn, Paxton in new poll of Texas’ U.S. Senate race
(DBN)

Trump greets King Charles on 'beautiful British day' at White House A Brooch, Teaspoons and More: The King, Queen and the Trumps Trade GiftsKing Charles subtly rebukes Donald Trump despite show of unity One Person Who Appears to Be Missing From King Charles’s U.S. Itinerary: Prince HarryKing Charles III lauds unbreakable US-UK bond as he’s given warm reception at historic speech to Congress'Adrist': Trump mocked as 'mess' for slurring words in King Charles welcome speechTrump barges in to greet own Cabinet as King Charles' handshake gets ignored: videoThe King, the Queen, and the Ballroom BlitzInside the Trumps’ White House state dinner for King Charles and Queen CamillaKing Charles Delivers Jokes, Splits With Trump on NATO at State DinnerUK envoy’s unguarded comments are leaked
(DBN)

Trump and Kentucky Republicans are uniting against Massie. He could still win.
(DBN)

Trump caught on camera awkwardly touching Melania's butt at inappropriate moment
(DBN)

How the Trump assassination attempt sparked a ballroom-sized conspiracy theory
(DBN)

Republicans now plan for taxpayers to cover Trump’s $400 million ‘privately funded’ ballroom
(DBN)

‘I don’t want to be part of a dictatorship’: the Americans queueing up to renounce their citizenship
(DBN)

House Republican who has been absent from Congress plans to return 'very soon'
(DBN)

ABC faces renewed Trump backlash as Kimmel says comments ‘not, by any stretch’ call for violenceFCC orders early review of Disney's licenses after Trump voiced outrage over Jimmy Kimmel's Melania jokeDefiant Jimmy Kimmel goes nuclear on Trump and MelaniaWhat Can Trump Do About His Jimmy Kimmel ProblemDisney Stands Ground as Trump Admin Pressures ABC Over Kimmel Remarks
(DBN)

Trump Aides Leak Fears of Toxic Iran StalemateUS spy agencies examine how Iran would react to Trump declaring victory
(DBN)

Congressman scolds GOP over chaotic failed hearing: 'Couldn't organize a two-car funeral!'
(DBN)

Soldier pleads not guilty to insider trading on Maduro raid
(DBN)

How Republican Florida Redistricting Map Could Backfire on Trump
(DBN)

Democrats Dealt Blow by Virginia Supreme Court After Redistricting Win
(DBN)

Senate rejects curb on Trump military action in Cuba
(DBN)

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Autos:

Court-appointed examiner reveals findings in First Brands bankruptcy
(DBN)

GM warns 'across the board' inflation to put a damper on profit
(DBN)

Americans are embracing this terrible car-buying habit. It's costing them thousands of dollars.
(DBN)

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Disasters:

Maui fire lawsuit payouts are near. Few survivors will break even
(DBN)

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Software:

Ares Fund prepares for tough conversations with software firms
(DBN)

Filing Alert: Wiser Chapter 11
(DBN)

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Personal Finance:

The $300,000 millennial daughter tax
(DBN)

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Batteries:

EV chasm traps battery recycling industry in harsh restructuring
(DBN)

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Sudent Debt:

Senator Urges Change Impacting Hundreds of Thousands
(DBN)

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Childcare:

Childcare Isn’t Affordable In Any State: Map Shows Worst Impacted Areas
(DBN)

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Comic Books:

Diamond Bankruptcy Court Approves Lawyers, Funding for Litigation
(DBN)

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Awards:

Lowenstein Bankruptcy Partner Christopher A. Ward Elected as ABI Chair
(DBN)

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Art:

Do art galleries need economists?
(DBN)

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Consumer Protection:

Showdown At The D.C. Circuit Over The CFPB
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Florida ranks No. 2 in US business bankruptcies
(DBN)

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Bankruptcy Policy:

Bankruptcy’s Trilemma: A Unifying Framework
(DBN)

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Assumption/Rejection:

Fifth Circuit Clarifies Divisibility of Master Agreements and Purchase Orders in Bankruptcy
(DBN)

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Crypto:

Crypto fraud insolvencies: Can digital asset tracing and recovery win the game of “cat and mouse”?
(DBN)

Judge denies Sam Bankman-Fried new trial after financial fraud conviction
(DBN)

The Token Burn Trap: Why 70% of Retail Crypto Bots Go Bankrupt
(DBN)

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Bankruptcy Crimes:

Coralville woman pleads guilty to bankruptcy fraud in $70K nursing home scheme
(DBN)

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Cross-Border:

Year in review: Key US Chapter 15 decisions in 2025
(DBN)

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Mass Torts:

Purdue Pharma sentenced ahead of bankruptcyCourt sentences Purdue Pharma to pay $5.5B, clearing settlement path Why Were No Individuals Charged? Judge hears "heartbreaking" testimonies US judge orders Purdue Pharma to pay billions ahead of bankruptcyCan Purdue finally get its bankruptcy plan over the line?Purdue Pharma, maker of OxyContin, set to dissolve after judge approves its criminal sentence
(DBN)

Bankruptcy Bill Aims to Restrict Chapter 11 in Sex Abuse Cases
(DBN)

What the Failed J&J Talc Bankruptcy Means for Your Mesothelioma Cancer Claim
(DBN)

Berkshire Hathaway units score win in $535M asbestos-talc bankruptcy ruling
(DBN)

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Automatic Stay:

Verit Muy v. Moore: Bankruptcy Filing Does Not Stay Franchisee-Initiated Claims
(DBN)

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Mediation:

An Old Mediation Controversy—Based on Misunderstandings & Overreactions? (In re Caesars Entertainment)
(DBN)

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Sales:

A Sunny Disposition: Avoiding Successor Liability in Secured Party Sales
(DBN)

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Aviation:

Spirit Airlines’ dismal prospects could soon be everyone’s problemSome spirit lenders balk as US rescue talks hit impasse Airfare data shows how ticket prices may jump if Spirit collapses'Picking winners and losers': WaPo slams Trump's budget airline 'socialism' planSpirit Airlines rescue talks stall as lenders push back against $500 million government bailout: Report
(DBN)

JetBlue is full-steam ahead on Fort Lauderdale, regardless of Spirit’s fate
(DBN)

Indian airline industry warns 'whole sector on verge of collapse' over jet fuel
(DBN)

Ryanair says jet fuel shortage risk delayed to late JuneWizz Air CEO unfazed as O’Leary suggests rival and airBaltic ‘could go bankrupt’“I don’t think we’re going to be running out of fuel”: Wizz Air boss hits back at O’Leary bankruptcy remarks
(DBN)

U.S. airlines are hiking fares — and travelers keep booking
(DBN)

Airbus reports falling profits as jet deliveries slow
(DBN)

The reason planes are still required to have ashtrays
(DBN)

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Summer Camps:

Camp director's tearful apology to victim families
(DBN)

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Banking:

UBS trading gains fuel 80% profit surge
(DBN)

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Sports:

For Many Pro Athletes, Post-Career Financial Worries Loom Large
(DBN)

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Radio:

IHeartMedia holds merger talks with Sirius XM
(DBN)

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Private Credit:

Private Credit's Rude Awakening Gives Bond Funds A New Edge
(DBN)

Private Credit Boom Turns Fund Finance Into $1 Trillion Market
(DBN)

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Food/Beverage:

FreshRealm Files for Bankruptcy After Recalls, Walmart LosFiling Alert: FreshRealm Chapter 11
(DBN)

Smokey Bones abruptly closes locations as NY closure sparks wave of surprise shutdownsWhat Happened to Smokey Bones? Inside the BBQ Chain's Chapter 11 Bankruptcy and Sudden Nationwide Closures
(DBN)

Las Vegas Strip food court operator files Chapter 11 bankruptcy
(DBN)

Red Lobster's endless shrimp is back, but customers aren't taking the bait
(DBN)

Applebee’s franchisee bankruptcy shutters 10 sites, 53 face uncertainty
(DBN)

Domino’s expects Papa Johns, Pizza Hut to close more stores
(DBN)

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Cosmetics:

Filing Alert: Miyoshi America Chapter 11
(DBN)

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Education:

Saint Augustine's University files for Chapter 11 bankruptcy, stops accreditation fightLoses accreditation fight Files for Bankruptcy After Taking Out 24% Loan More than 200 creditors Announces Interim President’s ResignationWon’t Close
(DBN)

College Tuition Isn’t Good Investment, Quarter of Students Say
(DBN)

East Carolina University plans to cut 44 academic programs
(DBN)

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UK:

Distressed UK Firms Pile Up as War Enters Third Month, Report Says
(DBN)

Barclay brothers narrowly avoid bankruptcy in deal with HSBCBarclay Brothers swerve bankruptcy with eleventh-hour creditor pact
(DBN)

LK Bennett, Russell & Bromley Doors Close Amid Bankruptcy Proceedings
(DBN)

UK Borrowing Costs Hit Highest Since 2008 as Oil Tops $111
(DBN)

One in four pensioners are struggling financially
(DBN)

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EU:

EU’s top trade official leaves after clashing over Trump deal
(DBN)

Germany re-arms: what does it mean for Europe?
(DBN)

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Canada:

Court of Appeal for Ontario issues guidance on appeals from bankruptcy orders and Mareva survival
(DBN)

Monette Farms Faces $900M Insolvency
(DBN)

Toronto Festival of Beer files for bankruptcy, local vendors owed thousands
(DBN)

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Mexico:

Claudia Sheinbaum Is Learning the Price of Appeasing Trump
(DBN)

Mexico Says 4 Foreigners Were at Cartel Raid Where 2 C.I.A. Officers Died
(DBN)

New 'weapons grade' drug from Mexico surges in US cities, killing hundreds of unsuspecting users
(DBN)

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Russia:

Ukraine says it shot down 33,000 Russian drones in March, a monthly record
(DBN)

US ambassador to Ukraine to leave over differences with Donald Trump
(DBN)

Anger About Internet Restrictions Breathes Some Life Into Russian Politics
(DBN)

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China:

China’s Bankruptcy Law reform: Forward-looking insights
(DBN)

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MENA:

First Fully Loaded L.N.G. Tanker Since War Began Appears to Have Crossed the Strait
(DBN)

Luxury Yacht Linked to Russian Oligarch Passes Through Strait of Hormuz
(DBN)

Trump says Iran wants Hormuz open amid efforts to end warTrump Says No More Mr Nice Guy, Brandishes Gun In New Iran Warning on DealGet used to the long Iran warUS signals no letup of naval blockade as it aims to squeeze IranTrump Readies for Prolonged US Blockade of HormuzWright Says Hormuz Can Open Without Clearing All Mines
(DBN)

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Malaysia:

Court dismisses Singapore casino bankruptcy petition over RM26mil gambling debt
(DBN)

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Australia:

Liability management exercises: Levers to respond in Australia
(DBN)

WA man jailed for hiding assets in bankruptcy
(DBN)

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Germany:

German births fall to lowest since postwar records began in 1946
(DBN)

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