August 13, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Elite Litigation Boutique Is Already On Its Third Round Of Associate Bonuses
(DBN)

Austin Boutique Pays Associates $170,000 in Bonuses This Year
(DBN)

Troutman Pepper Locke Adds Bankruptcy and Restructuring Partner Sean Higgins in Boston
(DBN)

Legal Education In America Is Getting A Fresh Look, Without The ABA Accreditor At The Table
(DBN)

Aspiring California Attorneys, Vendor Settle 2025 Bar Exam Suit
(DBN)

Should Wachtell Litigators Launch Their Own Boutique Firm?
(DBN)

Biglaw Surrenders Were Worse Than We Thought
(DBN)

What your out-of-office really means
(DBN)

Two Brothers Left The Same Biglaw Firm And Took Over U.S. Foreign Policy
(DBN)

Legal AI start-up Legora seeks funds at more than $10bn valuation
(DBN)

Pirro, in rare move, convenes special grand jury in WashingtonHow Much Misconduct Is Jeanine Pirro Willing To Do To Save Her Job?
(DBN)

If You Really Want To Work For The Department Of Justice, Then Do It Regardless Of Who The President Is
(DBN)

DOJ Lawyer Evades Ethics Sanction Over Journalist’s Home Search
(DBN)

Trump DOJ says executive privilege extends to informal 'Kitchen Cabinet' adviser network
(DBN)

It Seems Like Bill Gates’ Daughter May Be in Serious Legal Trouble
(DBN)

Luigi Mangione in federal plea talks ahead of hastily scheduled hearing, sources say
(DBN)

Judge calls breaks after Lindsay Clancy sobs during murder trial testimony
(DBN)

New indictment alleges Nick Reiner was lying in wait before killing parents Rob and Michele Reiner
(DBN)

Surrogate gives birth to baby at center of multi-state legal battle
(DBN)

Grand jury returns hate crime indictment in stabbing of Muslim man in Utah
(DBN)

Florida’s AG Wants To Charge WNBA Player With Crime Of Playing Basketball
(DBN)

Trump selling access to 'market-moving' Truth Social posts is unconstitutional: Lawsuit
(DBN)

Trump’s Arresting State
(DBN)

ICE to spend up to $20M on electric shock glovesPlan draws outrage and fears of misuseHe Was Deported to Eswatini in Southern Africa. He May Never Go FreeProtesters gather at Big Bend National ParkUS charges 11 in sham marriage immigration scheme, following Trump 'birth tourism' orderICE detains dad in US for 26 years as neighbors rally in supportVideo shows ICE agent pointing gun at US citizen in Virginia
(DBN)

Texas Law Firm Appears to Withdraw From Migrant Aid Deal
(DBN)

Paramount’s David Ellison weighs moving CBS News out of NYC in battle with AGs Rob Bonta, Letitia James: sources
(DBN)

State Department establishes task force to end ‘birth tourism’
(DBN)

3 dead, including child, in horrific suspected murder-suicide in front of young kids at Minnesota daycare
(DBN)

Mass. teen accused of killing his mother, younger brother used AI to explore dark stories, DA says
(DBN)

Son finds out dad is cheating on mother and the mom doesn't care, kills them both: Cops
(DBN)

Man went to Walmart and picked up hammer, then went home and used it to kill parents: Cops
(DBN)

Megachurch elder accused of torturing daughter to death could get death penalty: DA
(DBN)

Chris Watts said he had ‘no control’ over murdering his pregnant wife and 2 kids. Inside the shocking case

Man got into 2nd accident after hitting pedestrian, whose body was still on his car: Cops
(DBN)

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Judges:

Trump pushes back on Supreme Court losses on birthright citizenship, tariffs, Lisa CookTrump seeks to preserve major policies after adverse Supreme Court rulings
(DBN)

Judge's latest 'erroneous' order is all SCOTUS needs to grant Trump's request, DOJ says
(DBN)

Why didn't Justice Alito retire?
(DBN)

Trump administration again urges US Supreme Court intervention on mail ballots
(DBN)

Are Republicans falling out of love with the Supreme Court?
(DBN)

SCOTUS has issued its decisions. Now Congress has the floor.
(DBN)

Judge orders Kennedy Center to pay $250,000 to performer who canceled show over addition of Trump’s name
(DBN)

Appointment of Muslim judge in tiny Mississippi town brings social media attacks
(DBN)

Trump demands 11th Circuit immediately shut down judge's 'gag order' in IRS lawsuit
(DBN)

Man stabbed dad nearly 30 times when victim said he wanted to sell their house
(DBN)

Girl, 12, escaped from 'house of horrors' where she was kept locked in dog cage: Police
(DBN)

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Wall Street:

Stock futures move higher as traders await more inflation data
(DBN)

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Layoffs:

T-Mobile cuts 112 Texas jobs after record-breaking quarter
(DBN)

Aura Biosciences announces layoffs
(DBN)

Dallas proposes 296 employee layoffs
(DBN)

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Rail:

California high-speed rail could run out of money by December 2027, as authority cuts train order in half
(DBN)

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Assisted Living:

Judge's post-trial recusal throws Edgemere dispute into limbo
(DBN)

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Banking:

Switzerland pushes ahead with post-Credit Suisse crackdown
(DBN)

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Tech:

Quantifying the AI boom crowding-out effect
(DBN)

Anthropic investors bet on $2tn valuation in record IPO
(DBN)

AI agents lie, cheat and steal. That is putting off users
(DBN)

87.5% of venture dollars went to AI. The rest fought over scraps
(DBN)

The gap is widening between corporate AI adopters and laggards
(DBN)

Meta youth safety trial kicks off in California
(DBN)

How much time does AI save at work? New Census Bureau data breaks it down.
(DBN)

SpaceX sees AI revenue surpassing its space business by September
(DBN)

Farmer horrified as AI gives bad advice that kills 25 acres of crops
(DBN)

Dude asks AI agent to book gym spot, accidentally launches autonomous cyberattack
(DBN)

Bernie Sanders Issues Warning to AI CEOs
(DBN)

Protests Against Data Centers Are Now Threatening $130 Billion of Big Tech’s Crucial Investments
(DBN)

Internal Google Document Reveals That Its HR AI Has Been Throwing Résumés From Qualified Applicants Straight Into the Trash
(DBN)

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Military:

Sailors on USS Abraham Lincoln Take Desperate Measures: RptMultiple USS Abraham Lincoln sailors have tried to go overboard amid extended deployment
(DBN)

Fiasco in the Factory: Taxpayers Funded a $533 Million Artillery Plant That Made Nothing
(DBN)

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Bicycles:

First potential buyer steps forward for bankrupt bicycle group Accell
(DBN)

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Religion:

How “Forgive and Forget” Buried a Church’s Dark Secret
(DBN)

Australian jury convicts former Catholic bishop of sexually abusing 2 men
(DBN)

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Entertainment:

Democrats intensify scrutiny of David Ellison amid Paramount–WBD legal battle
(DBN)

Paramount says CNN sale 'on the table' to resolve California suit over Warner Bros deal
(DBN)

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Autos:

How Aston Martin showed bondholders the hard shoulder
(DBN)

US auto loans reach record high of $211B in Q2, says New York Fed
(DBN)

Trump waged war on EVs. Now he’s helping them out.
(DBN)

How the Toppling of An Auto Parts Maker Sapped U.S. Manufacturing
(DBN)

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Solar:

In Florida, a discharged solar debt leaves one solar setup, and its savings, in legal limbo
(DBN)

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Bankruptcy Crimes:

Alexandria man indicted for concealing assets and making false statements in bankruptcy case
(DBN)

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Economy:

Some Americans say they're starting to cut corners as inflation persists
(DBN)

Credit Delinquencies Hit Highest Level In Recent Quarters As Consumers Struggle With Affordability
(DBN)

Half of Americans would struggle if their paycheck was a week late
(DBN)

U.S. budget deficit surged in July to highest level since March 2021
(DBN)

The $30 trillion Treasury market is facing a painful reckoning
(DBN)

Inflation relief's staying power is in question
(DBN)

JPMorgan's David Kelly Expects Fed To Keep Interest Rates Unchanged After In-Line CPI Report — 'We Essentially Have Got Teflon Inflation In America'
(DBN)

Beth Hammack says multiple rate hikes needed to fight US inflation
(DBN)

Inflation eased in July as Middle East conflict resumedHere are five key takeaways from the July CPI inflation reportFed's Warsh gets a break as inflation easesConsumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%Inflation cools, but gas and grocery pain persists for voters
(DBN)

Kevin Warsh is struggling to escape his predecessor’s problems
(DBN)

Fed expected to leave rates unchanged next month after soft inflation data
(DBN)

Trump considers call for capital gains tax cuts in hopes of midterm boostThese Americans would benefit from Trump's capital gains tax proposal
(DBN)

Millions of men are ditching the workforce — and experts are sounding the alarm
(DBN)

Bank of America pledges $250 billion for US infrastructure financing
(DBN)

Gen Z want to save but can’t stop spending
(DBN)

Big businesses pay suppliers on time less than 15% of the time
(DBN)

Government fights trade judge’s order for tariff refunds to all importers
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Record home prices and high mortgage rates send buyers to the sidelines
(DBN)

Part 1: Current State of the Housing Market; Overview for mid-August 2026
(DBN)

The 10 housing markets where the most sellers have listed their homes for less than what they paid
(DBN)

America’s largest home lender falls out of the hamster wheel
(DBN)

Filing Alert: Boatworks at Tahoe Chapter 11
(DBN)Long Island beach club hits market amid bankruptcy
(DBN)

With a $93M bid, group wins auction for former Spirit headquarters in Broward
(DBN)

Deutsche Finance Group plans insolvency after Boston investment failure wipes out $58M fund
(DBN)

47 States and D.C. Settle With NewRez for $15.5 Million Over Force-Placed Insurance
(DBN)

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Municipalities:

A Kansas town will pay $850K to end a reporter's lawsuit over a 2023 raid on her paper's offices
(DBN)

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Sports:

LIV Golf players told season finale is canceled, according to reportWhat LIV Golf players privately think about the tour’s leadership after LIV Michigan’s cancellation
(DBN)

Wall Street’s basketball billionaire mess
(DBN)

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Oil/Gas:

Gas prices have never been this high in mid-August
(DBN)

Top US refiners see profits soar, step up investor rewards
(DBN)

Global diesel prices feel squeeze of Iran, Ukraine conflicts
(DBN)

As oil profits skyrocket, calls for windfall taxes rise
(DBN)

Greenland oil wildcatters delay controversial drilling plan
(DBN)

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Retailing:

Ace Hardware store operator files Chapter 11 bankruptcy
(DBN)

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Utilities:

Newsom makes last-minute push to help California utilities facing wildfire bills
(DBN)

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Summer Camps:

Orthodox Summer Camps Change Hands in SIMAD Bankruptcy - The Jewish Press
(DBN)

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Politics:

Tracking approval and key issuesTrump approval takes another hit: Poll
(DBN)

Trump picks blonde aide over other cabinet members to hide with him during AF1 switchClose Trump aides — but no Cabinet officials — made secret catering truck moveHere Are All the Top Officials Trump Left to Die on the Bait Plane With the PressTrump Throws Secret Service Under the Bus, Claims He Was Put on Plane That ‘Was at Greater Risk’ of Being AttackedRubio, Bessent took decoy Air Force One, Hegseth flew on secret flight with TrumpCredible missile threat led to secret aircraft switch for Trump, source says
(DBN)

Trump says Karoline Leavitt resigning as White House press secretaryWhite House female exodus as Karoline Leavitt becomes latest high-ranking woman to quit'Unflattering' Karoline Leavitt photo scrubbed from internet after White House objectionsDonald Trump Gushes About Karoline Leavitt's Lips Again as He Vows to 'Never' Replace Her
(DBN)

US press groups sue Donald Trump over fast access to Truth Social posts
(DBN)

Trump administration set to spend at least $900 million on White House construction
(DBN)

Trump on third term: "I'd love to run, but the law is very strong"
(DBN)

Congress breaks for summer recess with little to show
(DBN)

Mamdani: 69% Favorability in NYC
(DBN)

Abdul El-Sayed Dares GOP Rival to Game of Tackle Football in Lieu of Debate
(DBN)

Progressives get another win in Minnesota Senate primary
(DBN)

Why must a socialist also be woke?
(DBN)

Rep. John Larson becomes 7th House Democrat to lose primary this year
(DBN)

Democrat revolution: What ouster of incumbents means for party
(DBN)

Socialist fever breaks: Takeaways from Crowley's winCrowley beats socialist Hong in Wisconsin Democratic governor primaryThe far left hits a wallCrowley pushes unity after surprise win against Democratic Socialist Francesca HongFrancesca Hong lost. Here’s what it means for progressivesShock Wisconsin vote triggers doubt over US election pollingA surprising comeback in Wisconsin is a reprieve for Democratic moderates
(DBN)

Lifelong Dem Chris Matthews Torches DSA and Far-Left Progressive ‘Crap’
(DBN)

Amy Klobuchar wins Minnesota Democratic primary for governor
(DBN)

"Woke 1 was crazy": AOC seeks do-over on 2020-era rhetoric
(DBN)

Lakers Owner Sells to Jared Kushner’s Brother as Trump DOJ Probes His Empire
(DBN)

Election denier Mike Lindell denies his own election resultsMike Lindell's defeat is also Trump's
(DBN)

'Why Did You Cheat on Your Wife?' Paxton Hit With Brutal Town Hall QuestionKen Paxton Won’t Discuss His Marriage With Thousands Of Strangers. He’ll Just Regulate Yours.
(DBN)

What Is Usha Vance Thinking?
(DBN)

Celebrities shy away from political endorsements after 2024 races
(DBN)

Lobbing Multimillion-Dollar Munitions At Targets Worth Less Than The Missiles Themselves Remains A Bad War Strategy
(DBN)

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Software:

AI Looms Over Software Companies — and the Investors Who Piled Into Them
(DBN)

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Food/Beverage:

Salad and Go Closed All Locations. Some Employees Say They Found Out From Customers
(DBN)

US distributor RNDC strikes new deal for Kentucky assets
(DBN)

‘Nobody wants it’: Lettuce prices see record-setting plunge as cyclospora spooks consumers
(DBN)

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Private Credit:

Mark Walter’s insurers rush to unwind affiliated investments
(DBN)

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Project Development:

Filing Alert: Tetrad Enterprises Chapter 11Tetrad Enterprises Filed for Chapter 11 Bankruptcy In Puerto Rico
(DBN)

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Weddings:

New details on Crystal Ballroom at the Rice closure as couples await refundsHouston brides fear they've lost thousands after wedding venue shuts down
(DBN)

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Tourism:

Dip in Las Vegas tourism traced to Spirit bankruptcy, Canadians' pullback
(DBN)

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Cannabis:

Federal judge in Roanoke asked to slow Virginia hemp law
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Third Quarter Picks Up Pace in Legal Cases
(DBN)

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Mass Torts:

Hundreds of California stonecutters fall ill with deadly disease 'for a product we do not need'
(DBN)

DBMP Chapter 11 Case: Legal Analysis Overview
(DBN)

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Bankruptcy Strategy:

The Rise of Part 26A: A Real Alternative to Chapter 11?
(DBN)

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Litigation Finance:

Aperture Aims for $1 Billion in Litigation Finance Investments
(DBN)

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Property of the Estate:

11th Circuit: Subchapter S Election is Not Property of the Bankruptcy Estate
(DBN)

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Aviation:

Air Baltic Bonds Sink After Airline Unveils Debt-for-Equity Restructuring
(DBN)

Transportation secretary announces that the air traffic controller crisis is history now that he’s hired thousands of epic gamers
(DBN)

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Fraud:

Former Southern Poverty Law Center financial officer arrested on fraud charges
(DBN)

SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme
(DBN)

US justice department shifts focus to government programme fraud
(DBN)

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Education:

Toledo bank tops list of Lourdes’ major unsecured creditors
(DBN)

Baltimore County school board reconsiders Puzzle Pieces charter after investigation
(DBN)

Is university worth it?
(DBN)

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Climate:

Alarm bells are ringing for investors on climate
(DBN)

How will El Niño hit the world economy?
(DBN)

Record heat is drying up Europe’s major rivers, as these striking images show
(DBN)

Marine heat wave off Southern California is drawing stingrays to shore
(DBN)

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Media:

Paramount puts CNN sale on table to settle 12-state antitrust suitBarry Diller Wants To Buy CNN "Before They Ruin It Any Further": "Hopefully Before It's Extinct"
(DBN)

Forbes Fired Top Editor After Discovering He Received Secret $6 Million Payment
(DBN)

____________

Healthcare:

Hospitals push for upfront payments as healthcare costs rise
(DBN)

Report shows 45 rural hospitals at risk of closing in Oklahoma
(DBN)

Judge extends deadline for Oroville Hospital bankruptcy resolution
(DBN)

PTC, Lilly scoop up Sangamo gene therapies in bankruptcy auction
(DBN)

Sens. Cassidy and Sanders request that AG hold former Steward CEO accountable
(DBN)

Small Businesses Could Face Double-Digit Premium Hikes In 2027
(DBN)

Blood Tests to Predict Alzheimer’s Are Causing Confusion and Distress
(DBN)

3 minutes of this activity may cut the risk of 13 cancers, study finds
(DBN)

WHO says Congo's Ebola outbreak is on track to eclipse the deadliest one in history
(DBN)

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Student Debt:

The student loan debt fight no one saw coming
(DBN)

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Prisons:

“They’re Putting Kids’ Lives at Risk”: How Abuse in a Tennessee Businessman’s Juvenile Prisons Remained Under Wraps
(DBN)

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Agribusiness:

DOGE slashed USDA staffing by thousands before a parasitic screwworm resurfaced in Texas. Now critics question whether that left the agency vulnerable
(DBN)

Farm linked to cyclosporaisis outbreak went years without FDA inspection
(DBN)

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Tax:

Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses
(DBN)

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Pharma:

The west has given China the keys to the medicine cabinet
(DBN)

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Celebs:

Inside former billionaire Roger Federer’s wealth as tennis legend takes massive financial hitTennis icon no longer a billionaire as he loses tens of millions in day of carnage
(DBN)

Dame Dash Isn't Happy That Loren Lorosa Reported on His Bankruptcy
(DBN)

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UK:

Shadow bank founder battles to stave off bankruptcy threatMFS investors including Raja’s stepson were repaid ahead of collapse
(DBN)

Efforts to turn council around and avoid bankruptcy 'not working' say councillors
(DBN)


How Nigel Farage Ended Up Running Against Count Binface in Clacton
(DBN)

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Canada:

Insolvencies jumped 11.5% annually in June, Canada's bankruptcy monitor shows
(DBN)

Thousands sign petition calling for expulsion of US ambassador to Canada
(DBN)

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Ireland:

International Restructuring through Ireland – Examinership
(DBN)

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MENA:

Trump Praises Allah and Boasts US Has ‘Total Control’ Of Strait of HormuzEx-diplomat: ‘No one’s in total control of the Strait of Hormuz’The Iran War is a Whole New Level of Quagmire for the US Iran just raised the price of Trump’s waiting game‘An unattractive deal with Iran is the best of limited bad options’ if the US wants to get oil flowing again Iran wants a mafia-style 'protection' toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream The Trump administration claims oil is flowing normally again. There’s just one problem ‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows Iran says no progress on reviving interim peace deal with US Kilmeade predicts ‘kinetic war’ with Iran before Labor Day
(DBN)

Houthis kill 6 in attack on Red Sea cargo shipUS strikes targeting Houthis killed 153 civilians in Yemen last year, Pentagon review says
(DBN)

Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea
(DBN)

Iranians opt to ‘buy now, pay later’ as cost of living spiralsIran’s Economic Crisis Deepens as Families Turn to Debt and Businesses Near Bankruptcy
(DBN)

Settler siege of Palestinian homes in West Bank a ‘horrific act of terror,’ US ambassador says
(DBN)

Trump’s Gaza plan and Board of Peace face ticking clock
(DBN)

‘Tolerating the Netanyahu two-step’: Why the White House can live with Israel rejecting its peace plan
(DBN)

Israeli army surrounds last Christian town in West Bank
(DBN)

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Venezuela:

America really might restore democracy to Venezuela
(DBN)

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China:

Is China’s debt-bomb squad about to blow up?
(DBN)

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Germany:

German kitchen manufacturer faces third insolvency in six years
(DBN)

Germany's Corporate Insolvency Surge Continues
(DBN)

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Russia:

Ukraine's farmers despair as Russia's Black Sea blockade traps their harvestRussian Strikes on Dozens of Grain Ships Threaten Global Food Supplies
(DBN)

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India:

Panel backs Govt on IBC but flags huge gap in fund recovery
(DBN)

Best Foods money laundering case: ED arrests insolvency professional Jitesh Gupta
(DBN)

Artificial Intelligence, Judicial Integrity and the Rule of Law
(DBN)

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South Korea:

Homeplus enters crucial test for turnaround as 67 stores reopen
(DBN)

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