August 25, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Milbank Is Opening A Chicago Office — And Bringing Its Pay Scale With It
(DBN)

Troutman Pepper Locke associate files discrimination lawsuit against firm
(DBN)

Attorney admits ‘stupidity’ over AI errors but still receives sharp rebuke from state high court
(DBN)

Agentic AI And The QWERTY Problem
(DBN)

Norm AI Builds Backing From Clients Big Law Can’t Afford to Lose
(DBN)

Firms and In-House Teams Race to Capture AI Legal Knowledge
(DBN)

Law firms increasingly mandate set days in officeBiglaw’s Three-Day Office Week Is Going Out Of Style
(DBN)

Filing Alert: Galindo Law Chapter 11
(DBN)

Law school applications reach record high—again
(DBN)

Florida Lawyers Assistance Collapses, Addicts Left in Limbo(DBN)

Mark Walter's TWG Global hires Goldman veteran Markowitz as top lawyer amid probe of insurers
(DBN)

Law Firms Can Use Private Equity’s Positives to Benefit Culture
(DBN)

Private Equity’s Public Accounting Push Reflects a Tech Shock
(DBN)

Thomson Reuters launches proprietary AI model for legal work
(DBN)

Trump administration proposes $103,000 fee for H-1B visas after legal setback
(DBN)

Former Acting U.S. Attorney Found Dead Inside Federal Building
(DBN)

An Administration Drowning In Vindictive Prosecution Motions Would Like To Abolish The Category
(DBN)

In Building His Border Wall, Trump May Bring Down a 110-Year-Old ChurchFederal judge blocks FIU from punishing group of students over silent anti-ICE protest on campusIranian in Limbo Shows Perils of Trump’s Deportation PushLawmakers Call For Closure of Detention Camp Where 100+ Children Are HeldAbbott tells judge Minnesota’s ICE officer extradition lawsuit ‘doomed to fail’ A Reverse Ellis IslandTrump administration to revoke up to 200,000 visas of asylum seekers
(DBN)

Washington Post's Karen Attiah wrongfully fired over Charlie Kirk posts, arbitrator says
(DBN)

Luigi’s Double Jeopardy Gamble And The DOJ’s Complicity
(DBN)

49ers Owner Roasted for Allegedly Agreeing to Pay $140 for Sex at Trailer Park
(DBN)

Jeanine Pirro’s conviction rate craters to ’embarrassing’ levels: ‘Essentially unheard of’Jeanine Pirro’s office fails to convict accused MS-13 ringleaders twice
(DBN)

Embattled Flock CEO Begs for “Compromise” As Backlash Spills OverMeet Flock, the $8 billion startup backed by a16z and Tiger facing growing backlash against surveillance capitalism
(DBN)

Alcohol, AI and aging: Theories on why violent crime is down
(DBN)

Lindsay Clancy trial resurfaces fake 'Law & Order' episode that helped undo Andrea Yates convictionLindsay Clancy trial judge denies mistrial request, but reprimands prosecution over witness testimony about religion
(DBN)

The War on Drugs: Why Getting High Has Only Gotten Cheaper
(DBN)

DeSantis Admin Sends 10 State Trooper Vehicles to Crosswalk Chalk Protest
(DBN)

America’s crime decline has a dangerous blind spot
(DBN)

De-throned Miss North Carolina files lawsuit, says she was stripped of crown over conservative beliefs
(DBN)

Police free missing nurse found gagged and chained to bed after alleged kidnapping by ex
(DBN)

18-year-old gunned down woman who called her 'little girl' after teen cut her off: Police
(DBN)

Former news anchor found covered in blood after she stabbed her mom to death enters plea
(DBN)

Woman had 'meltdown' outside Dollar Tree and allegedly 'chased' children with her SUV
(DBN)

Doctor driving Mercedes fires shots into Jeep, injuring 2 including 12-year-old girl: Cops
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Judges:

The Unsupreme: Bankruptcy Cases Denied Cert
(DBN)

The tenth justice’s strategy
(DBN)

Man Accused of Impersonating Chief Justice Roberts, NSA Agent
(DBN)

Judges Can’t Handcuff And Threaten Children For Falling Asleep On Field Trips, Court Rules
(DBN)

Ted Cruz uncorks bizarre claim about Supreme Court's former radical leftistClarence Thomas thanks Cruz for defending him against ethics complaints
(DBN)

Six justices, five techniques: writing lessons from the 2025-26 term
(DBN)

Supreme Court Sides With Trump for Now on His Mail Ballot CurbsRules blue states sued too early over Trump’s mail voting order Supreme Court ruling won't affect Arizona mail-in voting, Fontes saysCalifornia vows to fight Trump's mail-in voting orderOregon vows to fight Trump's mail-in voting orderWashington vows to fightAmerica's elections are getting caught in a fight over the mail
(DBN)

Judge blames Trump admin for 'emergency' of its own making and demands answers on USPS
(DBN)

Kari Lake's deposition not enough to fully reveal report on 'compliance' with Trump: Judge
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Wall Street:

Stock futures rise as investors await Nvidia earnings, inflation report due later this week
(DBN)

Here's how overvalued the stock market really is
(DBN)

Wall Street Is Counting on Nvidia to Keep the AI Party Going
(DBN)

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Layoffs:

Apple lays off staffers ahead of CEO change
(DBN)

His boss asked if AI could replace human coders. Two weeks later, he and 160 colleagues were laid off
(DBN)

Disney Offering Voluntary Early Retirement Packages To Execs
(DBN)

Cellares, a cell therapy manufacturing specialist, to lay off 100 employees
(DBN)

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Education:

Private schools have benefited from vouchers. Now public schools aim to cash inTrump law dangles Trojan horse decision over cash-strapped school districts: report
(DBN)

They Dedicated Their Lives to Teaching. Then the Deepfakes Started
(DBN)

An Ohio principal allowed a homeless student to stay in school, and it cost him his job. He has no regrets.
(DBN)

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Climate:

The ocean just broke a temperature record that may have stood for millennia
(DBN)

Firefighters Grapple With Nevada Blaze That Drove Thousands From Homes‘Everything we own is gone’: Over 90,000 people in Reno evacuated
(DBN)

Italy’s $4.7 billion cheese economy is being threatened by climate change
(DBN)

Homes submerged, tens of thousands relocated in China's south as flooding intensifies
(DBN)

Extreme Heat Drives Low-Income Households Toward Payday Loans
(DBN)

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Agribusiness:

Financialization of Farmland: How Farmers Are Staying Afloat as Crop Prices Plunge
(DBN)

US grain farmers face worst crisis in decades as Iran war sends costs spiraling
(DBN)

Farmers Struggle to Get Basic Services From Depleted Agriculture Dept.
(DBN)

Trump's beef import plan: Minnesota cattlemen warn it could bankrupt ranchers
(DBN)

The renewed threat to global grain supplies
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Water:

As the West Dries Up, More Companies Are Promising They Can Make it Rain
(DBN)

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Healthcare:

Nevada Healthcare Provider With Services Across the State Files for Chapter 11 Bankruptcy
(DBN)

California Weighs Penalties for Healthcare Providers That Don’t Rein In Costs
(DBN)

Trump suggested states should fund Medicare - which would weaken the program and put Americans at risk
(DBN)

Think Medicare Advantage provides better care for chronic conditions? A new study suggests otherwise.
(DBN)

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Solar:

Michigan sues bankrupt solar company, lenders over alleged $81 million financing scheme
(DBN)

Troubled WA solar project withdraws application
(DBN)

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Private Equity:

Private equity growth funds attract record first-half inflows as sector rebounds
(DBN)

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Economy:

Scott Bessent and the bond market: A pointless interventionThe Treasury’s recent moves in the bond and currency markets add up to 'soft-form financial repression' to lower debt costs, economist warnsBessent’s spotty history of financial management dredged up over new proposalsBessent Eyes Treasury Cash Pile for Debt BuybacksTreasury market interventions are only a band-aid
(DBN)

The Economy Got Used to Low Borrowing Costs. Their Exit Could Pose Risks.
(DBN)

Trump, Vance and Bessent try to calm the bond market with 'alternative facts'
(DBN)

German Finance Minister Blames Trump’s Iran Conflict for Surge in Bond Yields
(DBN)

High asset prices, not low interest rates, are driving inflation
(DBN)

Bessent’s Murky Deficit Plan Faces Grim Prospects in Congress
(DBN)

An Ancient Sumerian Solution to Our $40 Trillion Deficit
(DBN)

Treasury yields steady as traders await more economic data
(DBN)

An economist who studies financial crises now sees a leverage-induced US recession by year-end
(DBN)

Mark Cuban wants to solve wealth inequality by making employers choose between paying higher taxes or giving every member of staff company stock
(DBN)

What Kevin Warsh can say this week to spark a new market rally, according to Wharton professor Jeremy Siegel
(DBN)

How Washington’s interest bill on the $40 trillion national debt exploded 14% in 10-month budget period through July
(DBN)

US service sector fuels acceleration in business activity, S&P Global says
(DBN)

Krugman: Why Trump will lose his war with Canada The US is unlikely to win its 'dumb trade war' with Canada. Here's whyTrump Official Insists ‘No Possible Way’ Trade War with Canada Will Impact USEscalated U.S.-Canada trade talks threaten falloutTrump is threatening 50% tariffs on Canadian cars. Here’s what else he’s targeting76 percent in Canada say ending US trade negotiations was right call: Survey Mark Carney's defiance of Trump has Canada cheeringCarney Says US Wants to Destroy Canada Firms, Examines Retaliation Moves Canada Faces Economic Fallout as US Imposes 50% Tariffs on Key ImportsDoes Canada have leverage in Trump trade war? What premiers, experts sayCanada to Unveil Trump Tariff Response Including Loans, Benefits Trump's trade war with Canada could lead the U.S. back to quantitative easing Trump Threatens Even Higher Tariffs on Canadian Exports After Talks UnravelWhat to know about US-Canada trade war impacts Trump revs up tariffs on Canada to 50% on autos and steel — as Vance calls neighbor ‘a state’Ford's $3 billion Canadian bet is getting caught in trade-war crosshairs‘Reagan would be throwing up:’ Ontario premier unloads on Trump as trade war deepens‘I don’t respond to a dictator’: Ford unloads on Trump, calls him the ‘King of Bankruptcy’ Ontario’s Ford warns US power could be cut as he trades insults with TrumpUS Commerce Secretary Lutnick’s intervention in Canada talks draws praise and blame
(DBN)

Costco fights customer’s tariff suit as refunds flow in
(DBN)

Oil Prices Fall Ahead of U.S. Vow to Intensify Economic War Against Iran
(DBN)

Economists Don't Expect Reopening the US to Mexican Cattle Imports to Reduce High Beef Prices
(DBN)

Nevada is one of the worst places to live in the country, study finds
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

When will the Existing Home Sales Slump End?
(DBN)

Housing Market Shift as Foreclosure Activity and Buyer Leverage Increase
(DBN)

The Watermark Henderson Foreclosure: New Owner Takes Over
(DBN)

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Municipalities:

Palm Beach County administrator says property tax vote could lead local municipalities to insolvency
(DBN)

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Oil/Gas:

Why diesel prices keep rising
(DBN)

Bessent's sweeping sanctions against Iran send oil prices to their biggest drop in 3 weeks, while fueling hopes of de-escalation
(DBN)

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Crypto:

Court Allows Coinbase Investor Class Action to Proceed Over Bankruptcy Risk Disclosures
(DBN)

AscendEX to Launch Claims Portal on Sept. 5 Amid Insolvency and Rescue Talks
(DBN)

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Politics:

Tracking approval and key issuesTrump's approval holds at record low as US support for Iran war falls, Reuters Ipsos poll finds
(DBN)

GOP Senator Susan Collins torches Trump as Vance campaigns for her
(DBN)

Boxing legend exposed Donald Trump's 'unbelievable' cheating on golf course
(DBN)

Trump and Melania's 'intense' clash at Indy race decoded by lip reader: 'I've had enough'
(DBN)

These Conservatives Want to Be Working Moms. The Manosphere Disapproves.
(DBN)

Trump ripped Obama for flying long distances to play golf. Now he’s flying to the Irish Open
(DBN)

It's hard to know exactly what the objective of DOGE was: Former IRS boss warns Elon Musk’s cuts to the tax agency will be felt in years to come
(DBN)

Trump’s big ballroom claim blown apart by insiders
(DBN)

Dems turning more GOP Senate strongholds into midterm battlegrounds
(DBN)

Texas conservatives are 'breaking rank' and pledging to vote Democrat
(DBN)

Fleeing White staffers terrified of post-Trump job prospects: ‘Worth taking these hits?’
(DBN)

Senate candidate Abdul El-Sayed pulls no punches while taking aim at Usha VanceFox Interview Takes Wild Turn When El-Sayed Asks Watters, ‘Are You Circumcised?’Jesse Watters Tells Democratic Candidate His Ideas Are ‘Straight-Up Wacky’
(DBN)

Hasan Piker’s prediction of violence ‘against American Jews’ rattles Michigan Democrats
(DBN)

This not-so-secret document is inspiring the left — and tripping up its candidates
(DBN)

Republicans sound the alarms over Americans 'seeing the contrast' of Trump's economy
(DBN)

Greg Abbott turned from data center 'epicenter' booster to skeptic—and Trump is calling it an economic 'mistake'
(DBN)

White House Crops Natalie Harp Out Of Video
(DBN)

Trump and former fixer Michael Cohen make amends
(DBN)

Vital empty Senate chair hands Dems knife to gut GOP’s biggest bill: analysis
(DBN)

Rudy Giuliani Suing Tucker Carlson Over Biden Interview
(DBN)

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Asset Management:

Guggenheim Loan Falls to 72.5 Cents, Hitting New Low After Earnings Drop
(DBN)

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Batteries:

Ascend Elements bankruptcy: How the Westborough startup failed
(DBN)

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Utilities:

Gavin Newsom plan to change wildfire liability faces blowback, impending deadlineNewsom returns to a defining California fight: Who pays for wildfire damage?
(DBN)

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Sports:

Will LIV Golf survive its massive financial crisis?
(DBN)

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Summer Camps:

94-year-old Camp Zanika faces financial blow from smoke cancellations
(DBN)

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Bicycles:

Accell Group's French Subsidiary Pleads for Time to Find Buyer Amid Bankruptcy
(DBN)

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Banking:

NCUA liquidates federal credit union, citing insolvency and unsafe and unsound operations
(DBN)

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Student Debt:

Treasury Seeks Collection-Agency Partners As Student-Loan Default Transfer Advances
(DBN)

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Mining:

Silver Bow Mining to Acquire Montana Tunnels Mine in $28.6M Bankruptcy Sale
(DBN)

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Museums:

Museum heists getting more violent as thieves recruited on social media turn to new strategies
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

U.S. Bankruptcy Filings Jump 12% as Consumer Financial Stress MountsAlabama and Mississippi Lead 2026 US Business Bankruptcy
(DBN)

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Mass Torts:

North Carolina corporate legal battle takes significant turn for families affected by asbestos
(DBN)

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Aviation:

Google Bought Bankrupt Spirit Airlines’ Internal Data — Now Experts Fear AI Could Replace Entire Corporate Teams
(DBN)

From Spirit Airlines' graveyard: planes, headquarters - and now a data sale
(DBN)

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Arbitration:

Insurers have been tilting arbitration in their favor for years
(DBN)

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Tech:

The AI reckoning is coming, it’s just a matter of timing
(DBN)

Goldman Sachs partner warns of ‘huge danger’ in letting AI replace bankers’ reasoning skills
(DBN)

Texas governor suddenly turns on data centers as backlash grows
(DBN)

Data centers’ ‘oh s--t’ moment
(DBN)

Clueless AI CEOs still baffled why everybody’s so mad about AI all the time
(DBN)

2028 Dems dodge on Bernie's push to pause AI
(DBN)

Trump says communities that oppose data centers are "making a mistake"
(DBN)

Anatomy of an Autonomous Attack: 5 Alarming A.I. Capabilities
(DBN)

SpaceX plans to put Nvidia-powered AI satellites in orbit next year
(DBN)

America’s energy sector will need 500,000 more workers by 2030 thanks to AI—but unless more workers retrain, humanoid robots will have to step in
(DBN)

New York added 30,640 tech workers in 3 years, surpassing San Francisco as AI hiring surges
(DBN)

The Quantum Computer Revolution Is Tantalizingly Close
(DBN)

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Celebs:

Deion Sanders says subpoena in son Shilo’s bankruptcy case not a distraction ahead of season openerDeion Sanders says Shilo already 'won' his case. The record says otherwiseDeion Sanders hit with $75K+ lawsuit as son Shilo’s $11.89M bankruptcy case looms‘Do You Think That’s My First Subpoena?’ — Deion Sanders Dismisses Distraction Concerns Ahead of Shilo Sanders’ Trial
(DBN)

Mum Reportedly Catches Bankrupt Brian Hickerson Hiding Hayden Panettiere's Items in Secret Storage Unit
(DBN)

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Autos:

First Brands Bankruptcy-Payout Plan Rejected by Federal JudgeJudge rejects First Brands' plan to pay down debts by pursuing lawsuits First Brands forced into liquidation by bankruptcy court
(DBN)

Auto Parts Suppliers Are Failing Before Bankruptcy
(DBN)

Late Car Payments Are High, But Lenders Are Still Lending
(DBN)

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Coal:

Bankruptcy dismissal threatens Eastern Kentucky coal miners’ fight for lost wages
(DBN)

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Entertainment:

California AG cancels Paramount settlement meeting
(DBN)

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Food/Beverage:

Mimi's Cafe casual dining chain closed 106 locations
(DBN)

A Major Food Supplier Filed for Chapter 11 Bankruptcy. Blue Apron and Marley Spoon’s Delivery Problems Came Next
(DBN)

NYC immigrant grocers sue Zohran Mamdani administration over city-run stores
(DBN)

Endless Shrimp Pushed Red Lobster Toward Bankruptcy. Now It’s Back With 3 Key Limits
(DBN)

Buc-ee’s CEO signals expansion shift away from blue states that ‘don’t appreciate’ chain
(DBN)

Scientists turn plastic waste into edible cookies because that’s the future we deserve
(DBN)

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Telecom:

Dish Wireless’s bankruptcy exit slides to December as tower companies press their $7.6 billion claim
(DBN)

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Retailing:

West Marine Successfully Completes Financial Restructuring
(DBN)

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Sovereigns:

Mexican bonds trade like junk after $130B Pemex bailout
(DBN)

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UK:

UK Supreme Court confirms creditors' ability to rely on unrecognized foreign judgments in bankruptcy proceedings
(DBN)

Thames Water creditors accused of ‘shuffling chairs on Titanic’ with plan for new board
(DBN)

Lincolnshire County Council predicts it will go £51m over budget in key area
(DBN)

The job market for entry-level workers in the UK hasn't been this tough in years
(DBN)

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Canada:

LaSalle College seeks creditor protection, suspends classes until further noticeObtains creditor protection after being fined $30 million by Quebec government
(DBN)

Canadian businesses fear ‘vortex of downward pressures’ from Donald Trump’s tariffs
(DBN)

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Russia:

Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too
(DBN)

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China:

Laid off for a bot, China's workers face an AI jobs squeeze
(DBN)

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Ireland:

Unseated and insolvent: Inside Horse Sport Ireland’s financial crisis
(DBN)

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Germany:

Germany's Q2 economic growth at 0.3%, surpassing initial estimate
(DBN)

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Portugal:

Owner of largest solar park in Portugal declares bankruptcy
(DBN)

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MENA:

Bessent unveils sweeping campaign of sanctions and pressure against IranUS Tells Iran’s Trade Partners to Cut Ties or Face Sanctions The Biggest Victims Of Trump’s Economic D-Day On Iran 5 ways Iran's economy is wilting under Trump's pressure Iranians queue for petrol as US blockade bites Iran will be able to shrug off America’s financial threats Trump unleashes ‘Operation Economic Outcast’ against Iran as Bessent warns nations not to do business: ‘Tighten the noose’ ‘Economic onslaught’: Bessent warns Iran’s partners as US unveils fresh sanctionsIran Pledges to Defy Trump’s Escalating SanctionsScott Jennings Insists the U.S. Has Won the War in Iran: ‘The Army Is Decimated’Trump bets everything on ‘century-old delusion’ doomed to trigger ‘catastrophe’: expertTrump finally has the upper hand in Iran Iran Broadcasts Chilling Barron Trump Assassination Threat With $10M BountyTrump targets Iran’s trade lifelines — here are the countries most exposedTrump’s ‘economic D-Day’ on Iran puts China in the crosshairsBessent's economic D-Day threat to Iran hinges on willingness to hit China
(DBN)

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South Korea:

U.S. Marines Cancel Drill With South Korea, Citing Iran War Demands
(DBN)

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Australia:

KPMG Australia to cut 5% of workforce amid scandal, weak growth outlook
(DBN)

Australian bank investors brace for tough times as mortgage demand plummets
(DBN)

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India:

LiveLaw Supreme Court Half-Yearly Digest 2026 - Insolvency And Bankruptcy Code
(DBN)

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Poland:

Arrested Insolvency Practitioner Caught Red-Handed
(DBN)

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