August 31, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Legal AI Insurance Exposes That ‘Practice of Law’ Needs Defining
(DBN)

Can AI Handle BlueBooking? Thank Goodness.
(DBN)

California passes bill to stop law firm private equity takeovers
(DBN)

DOJ to Challenge Dismissal of Harvard Civil Rights Suit
(DBN)

Teenage Law Grad Thinks Getting A Tax LLM Will Be A ‘Little Vacation’
(DBN)

Law Department 2.0
(DBN)

'Unresponsiveness' and 'Unclear Goals' Dog Big Law Marketing Departments—Not to Mention the AI Risks
(DBN)

LA Lakers Name New GC as Big Law Firms Handle Team’s Record Sale
(DBN)

Lawyers Don’t Need To Dress Up For Every Video Call
(DBN)

Blackman: AI Freezes The Law Professor’s Scholarly Voice
(DBN)

Judge considers attorney fees request in $425M Google privacy class actionGoogle Privacy Button Case Yields Huge $147 Million Legal Fee
(DBN)

Gov. Abbott blocks funding in Texas for Flock cameras as bipartisan fury brewsMap reveals Texas Flock camera hotspots as Abbott blocks fundingCities terminate Flock contracts at record pace in AugustInstead of Using Opioid Settlement Money to Help Poor Communities, Police Are Buying Flock Cameras to Play WithPeople Taking Down Flock Towers Are Becoming Folk Heroes, With Communities Circling to Protect Them
(DBN)

If Corporations Are People, They Should Be Subject to the Death Penalty
(DBN)

The Mail-In Ballot Fight Is Right Back Where It Started, With The Trump Administration Taking Another ‘L’
(DBN)

DHS denies reports of torture, beatings and medical neglect in ICE detentionICE electric-shock glove purchase draws concern from senators
(DBN)

Trump Trollsuit Against New York Times Damages Trollsuit Against IRS
(DBN)

Trump’s DHS is using an obscure law to secretly snoop on journalists, non-profits and unions: ‘It’s outrageous’
(DBN)

Trump loses longshot bid to erase hush money conviction
(DBN)

Man killed pregnant girlfriend with 11 headshots weeks before learning gender of 2nd child
(DBN)

Kids left home alone by mom run into traffic, try to drink bleach from baby bottle: Cops
(DBN)

Mom who let 3-year-old son roast to death in car and then lied about it is going to prison
(DBN)

Lyft driver picking up woman at apartment complex stabbed 11 times: Police
(DBN)

Man lured out then killed father and son during roadside altercation
(DBN)

DoorDash driver smashed Ford F-150 into man, kept driving as he lay with eyes open: Cops
(DBN)

Dumped man responded to cold shoulder by killing his ex and her son with shotgun blasts
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Judges:

No Sisterhood on the Bench: Investigating In-Group Gender Bias in the U.S. Bankruptcy Court
(DBN)

What the public thinks of the Supreme Court
(DBN)

A Judge Believed He Was Being Threatened, His Colleague Disagreed
(DBN)

Contempt probe is 'uncontroversial' response to DOJ's 'extreme' resistance: 204 ex-judges
(DBN)

Trump Slams ‘Highly Conflicted’ Judge Deciding ‘Decrepit’ Kennedy Center’s Fate
(DBN)

Nominated To The Supreme Court On Monday, Gone By The Next Weekend
(DBN)

Judge once again denies Trump's effort to move Manhattan criminal case to federal court
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Third Circuit Rejects Trump on Immigrant Mandatory Detention
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Wall Street:

Stock futures fall after U.S. strikes Iran; Wall Street heads for winning month
(DBN)

S&P 500 falls Friday after Fed’s Warsh highlights inflation worries, but index posts positive week
(DBN)

Corporate earnings have been growing at a blistering pace. Here's why that's not likely to last.
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Layoffs:

Mark Zuckerberg Had a Secret Plan to Replace Meta Staff With AI Agents, and It Backfired Spectacularly
(DBN)

RNDC Bankruptcy: 558 Atlanta-Area Jobs Cut in Georgia
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Fraud:

Targeting Seniors
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Prediction Markets:

Court rules Kalshi sports bets aren’t “swaps,” just gambling with a different name
(DBN)

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Celebs:

Deion Sanders' son Shilo goes to trial this week. Why this case is so weirdDeion Sanders Addresses Shilo Bankruptcy Subpoena“Got My Bankruptcy on Your Neck”: Deion Sanders’ Son Fighting $11M Legal Battle Leaves Family Member in Awkward Spot
(DBN)

Jay Z Wins Again: Now Taking RYMIR's Godmother's House!
(DBN)

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Crypto:

Crypto exchange Gemini not at fault for collapse of Earn lending program, arbitrator says
(DBN)

Crypto Bro Facing 280 Years in Prison Over Astonishing Range of Crimes
(DBN)

Sam Bankman-Fried Circle's Anthropic Shares Sold Before Value Exploded
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Autos:

Teslas Are Still Driving Into Oncoming Freight Trains
(DBN)

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Pharma:

Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine
(DBN)

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Tech:

He beat Big Tobacco. Will the same playbook work against Meta and social media?
(DBN)

Microsoft Tokenmaxxing King Spent $28,000 on AI in a Single Month as Company Begs Employees to Tone Down the Ludicrous Costs
(DBN)

New Texas Data Center Buildout Uncertainties Rile Big Law Clients
(DBN)

One of east coast’s largest datacenters accused of ‘violating federal law’
(DBN)

The AI Productivity Illusion Frustrates Teams, Increases Spend
(DBN)

'Shades of Enron': Michael Burry shorts Nvidia as its $500-billion chip-financing deal fuels a bubble
(DBN)

Sony, Warner sue Anthropic, alleging "blatant theft" of intellectual property
(DBN)

AI turns to health care for an image fix
(DBN)

The datacenter backlash is bringing the entire political spectrum together – against big tech billionaires
(DBN)

America's data center revolt is getting a boost from China-linked bots
(DBN)

Panicking Tech Execs Try to Pivot Message on AI Data Centers
(DBN)

Meta’s $18 billion settlement puts TikTok and YouTube on notice. Who’s next on the firing line?
(DBN)

Tech backlash grows over AI, data centers and social media
(DBN)

Tanya Tucker: The country music stars taking on data centers
(DBN)

Elon Musk’s xAI used child porn to train Grok models, lawsuit says
(DBN)

The 5 craziest discoveries from OpenAI's HuggingFace investigation
(DBN)

The Transcripts of OpenAI Models Plotting Together to Commit an Actual Crime Is Pretty Chilling
(DBN)

AI, Your Brain, and Faith
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Festivals:

Inflation comes for Burning Man, leading iconic camps to bow out
(DBN)

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Software:

AI isn't eating software after all - and the sector's 'epic' rally could run through October
(DBN)

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Private Credit:

Jefferies flags rising risks, defaults in US private credit market
(DBN)

Private credit firm CVS Lane joins list of firms limiting investor pullouts
(DBN)

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Personal Finance:

Elizabeth Warren sounds alarm on Trump retirement rule - could your 401(k) be at risk?
(DBN)

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Tires:

Goodyear burning rubber and cash as turnaround plan continues
(DBN)

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Economy:

Kevin Warsh gets what every Fed chair hopes for: a bond market that trusts his word
(DBN)

Fed Chair Warsh will vote to hike rates if data doesn’t improveWarsh delivers hawkish Jackson Hole speech, fueling speculation of a September rate hikeWarsh says inflation isn’t slowing, vows to reach 2 percent targetWhy Fed chief Kevin Warsh turned to Central Banking 101
(DBN)

America's next grocery shock is brewing
(DBN)

Trump’s Bad Bet on Beef
(DBN)

K, C or E? Why economists can’t agree on the shape of today’s economy
(DBN)

Where are all the new jobs? Hiring slows again - and it probably won't speed up soon.
(DBN)

Private payrolls overcounted as Warsh sharpens inflation warning in Wyoming
(DBN)

U.S. economy created fewer new jobs in 2025-2026, it turns out. Just how bad was it?
(DBN)

Where the US-Canada Trade War Stands After Talks Fell Apart‘I Don’t Want Canadian Anything!’ Trump Fumes as Tariff Feud Ratchets Up
(DBN)

The ‘choose your own adventure’ earnings: Why retailers are handling tariff refunds so differently
(DBN)

How the U.S. has avoided a recession over the last 5 years
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Fordham Landing Fights Through Second Bankruptcy, Developer Vows to Stay Put
(DBN)

Inflation Adjusted House Prices 4.1% Below 2022 Peak
(DBN)

Meet Generation Renter - young Americans who no longer expect ever to own a home
(DBN)

The WSJ is wrong about FHA loans and nonbanks, and they know it
(DBN)

Builders face a tougher math problem as completed inventory rises
(DBN)

Manhattan luxury rental market is booming, with units reaching $100,000 a month
(DBN)

Mounting ICE raids leave homebuilding’s frontlines frozen in fear
(DBN)

How a Private Equity Group Drove an Apartment Complex Into the Ground
(DBN)

Private Credit Reshapes CRE Financing as Values Fall
(DBN)

One in ten US mortgages now falls outside the Qualified Mortgage standard
(DBN)

Housing demand has slowed, but still stable for now
(DBN)

Ken Paxton Tells Fox He Was 'Following Texas Law' When Claiming 3 Primary Homes
(DBN)

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Oil/Gas:

Oil Jumps at Week’s Open as US Military Hits Iranian Launchers
(DBN)

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Fintech:

Guggenheim Stain Piles Onto Biggest Junk Laggard
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

DOJ Balks at Demands for Details on Trump’s Deal in IRS Case
(DBN)

Trump calls for 'punishment' of NBC reporter
(DBN)

What Might Happen to Trump’s Ill-Gotten Gains
(DBN)

Trump-Promoted Gas Stations Accused of Selling Stolen Fuel
(DBN)

Last-minute doomsday scenarios for the 2026 election
(DBN)

Trump is staking out extreme positions on White House secrecy, legal experts say
(DBN)

High Debt and Rising Prices Catch Up to Trump, as Midterms Near
(DBN)

Corporate America Cut Big Checks to Trump. Now CEOs Fear Subpoenas Are Coming.
(DBN)

Milo Yiannopoulos, a Right-Wing Provocateur, Is Arrested by ICEAfter Laura Loomer Tip-OffTrump ‘border czar’ denies Milo Yiannopoulos was deported quickly to spare him from ICE detention
(DBN)

Postal Service Rule Could Bar Millions From Voting By Mail
(DBN)

Influencers Have a Lot to Say About Politics. Many Are Quietly Paid for It.Pentagon Stealth Hires Influencers To Pump Up Pete Hegseth
(DBN)

National Park Service backs Trump’s 250-foot arch despite ‘adverse effects’ on historic sites
(DBN)

Canada erects giant ‘Lake Ontario’ sign as spat with Trump over name escalatesTrump the renamer-in-chief keen to leave his mark – or his stain – on worldGoogle Maps switches to "Lake America" as Canada compares change to "SNL" skit
(DBN)

Trump administration weighs Yosemite land swap with private developer
(DBN)

El-Sayed courts Jewish Democrats but won't dump Piker
(DBN)

Inside the socialists' civil war over AOC and 2028
(DBN)

Meet the ex-Republicans running as Democrats in the midterms
(DBN)

James Talarico: Jesus Inspired Plan to Break Up Big PharmaRepublicans fret as Talarico bombards airwaves and Paxton awaits Trump team’s cash
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Healthcare:

‘There’s no place to go’: providers see more abortions later in pregnancy as bans spread in US
(DBN)

Nurse got man with Parkinson's to transfer house ownership to her for $5: Daughter
(DBN)

Doctors Just Used AI to Perform Brain Surgery
(DBN)

Deadly ancient disease is making a comeback in the US
(DBN)

Rare WTC cancer rates explode as 25th anniversary of Sept. 11 attack approaches
(DBN)

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Banking:

FDIC Beats SVB Financial Trust in Feud Over $1.7 Billion Claim
(DBN)

Bank of England chief warns new AI models threaten global financial stability
(DBN)

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Ride Hailing

Uber Drivers Say Waymo Robotaxis Are Driving Down Their Pay
(DBN)

Tesla “Ambassador” Melts Down Over “Horrible” Robotaxi Ride, Says He Had to Call an Uber After Total Self-Driving Failure
(DBN)

Former Lyft Drivers Now Doing Menial Tasks for Their Waymo Overlords
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Education:

Roland erupts: 'Why y’all so afraid to talk?' St. Augustine board under fire. Judge rebukes them.
(DBN)

MIT Warns That AI Can Now Credibly Complete Pretty Much Any Undergrad Assignment, Considers Overhaul of Entire Educational Model
(DBN)

Professors Quit After Texas A&M-Victoria Required Them to be on Campus Monday-Friday 8-5 in Response to Texas Law Restricting Remote Work For Public University Faculty
(DBN)

Scientists Gave 12-Year-Olds Access to an AI Tutor and You Probably Already Know What They Did With It
(DBN)

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Furniture:

No Bull mattress chain files Chapter 11 bankruptcy after 24 years
(DBN)

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Chemicals:

Tata Chemicals subsidiary wins US bankruptcy bid to acquire soda ash contracts for $21.16 Million
(DBN)

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Maritime:

Turkish shipowners warn: Black Sea attacks could drive companies into bankruptcy
(DBN)

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Biotech:

New Haven biotech BioXcel files for bankruptcy, agrees to potential $145M saleTeva saddles up as bidder for bankrupt BioXcel’s CNS assets
(DBN)

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Consumer Finance:

Here’s what happens when you miss a buy now, pay later payment
(DBN)

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Agribusiness:

As U.S. agriculture wilts under financial pressure, former Arkansas farmer cultivates U.S. Senate bid
(DBN)

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Climate:

More than 20 people may be missing after Grand Canyon flooding, park service says
(DBN)

The Nepal floods seem a world away – but make no mistake, climate breakdown will affect us all
(DBN)

Illinois sets U.S. state record for most tornadoes in year
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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (34 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

 

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Mass Torts:

Attorney discusses impact to sex abuse survivors if Diocese of Lafayette files bankruptcy
(DBN)

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LLCs:

When the Debtor Owns the LLC: How Far Can the Bankruptcy Estate Reach?
(DBN)

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Aviation:

777 Partners wins bid to move bankruptcy to Texas
(DBN)

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Food/Beverage:

58-year-old casual restaurant chain shut down 163 locations Applebee’s Closes 10 Locations in Florida and Georgia After Bankruptcy Filing
(DBN)

The meal-kit industry is falling apart and frustrated customers are heading back to the grocery store
(DBN)

California winery destroyed in wildfire declares bankruptcy two years after flashy comeback
(DBN)

7 Brew bids on bankrupt fast-food chain against a rival coffee shop, seeks auction
(DBN)

The Midwestern burger chain that’s going full MAGA
(DBN)

Trump faces pushback over meat processing pledge
(DBN)

Chinese Companies Are Unleashing AI-Powered Robo-Chefs
(DBN)

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Military:

Drain on U.S. Munitions From Iran War Raises Fears Over Ability to Deter China, Russia
(DBN)

Military leaders warn Hegseth against extending Iran war operations
(DBN)

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Culture:

Survey: 82% Of Americans Say They Live On 'Autopilot'
(DBN)

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Student Debt:

Default on Federal Student Loans and the Government Can Take Up to 15% of Your Social Security Check
(DBN)

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Utilities:

California Lawmakers File Wildfire Plan Axes Newsom Asks to Bar Insurers From Suing Utilities
(DBN)

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Accounting:

Deloitte to Pay Over $20 Million to Settle U.S. Anti-DEI CaseDeloitte Settlement Bolsters Trump’s Drive Against Corporate DEI
(DBN)

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Sports:

LIV Golf prepares to file for bankruptcy in September: reportLIV Golf may file for bankruptcy as soon as next weekLIV golfers to ‘fight it out’ for payouts as bankruptcy filing looms
(DBN)

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Entertainment:

‘Star Wars’ Effects Pioneer Phil Tippett Closes Berkeley Studio After Bankruptcy: ‘A Lot of Painful Decisions’
(DBN)

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Sovereigns:

France becomes ‘poster child’ of sovereign debt problems as borrowing costs hit post-2008 high
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EU:

Icelanders reject reopening talks to join the EU
(DBN)

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Canada:

Mera Cannabis Group Declared Bankruptcy After Failed Restructuring
(DBN)

Port Moody’s massive Portwood development enters bankruptcy protection
(DBN)

Alberta's flat insolvency total hides a bankruptcy shift
(DBN)

Non-Linear Recovery: Tracking Nova Scotia Business Bankruptcies Through COVID-19 and Beyond
(DBN)

‘If it’s made in the US, I don’t buy it’: Canadians on boycotting Trump’s America
(DBN)

Here's why the Bank of Canada is worried about the rise of private credit
(DBN)

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Brazil:

This Right-Wing Stronghold Is Getting Pummeled by Trump’s Tariffs
(DBN)

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Venezuela:

Pentagon in Talks With Venezuelan Mogul on Oil Deal
(DBN)

Trump announces deal with Venezuela to secure more than 65 billion barrels of oil reserves
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MENA:

Iran trade falls as Supreme Leader Khamenei urges less reliance on the U.S. dollar
(DBN)

US strikes Iranian launchers in strait of Hormuz, sparking reprisal attack on airbases in Jordan and UAERenewed U.S.-Iran fighting signals Washington’s frustration with sanctionsIran retaliates after first US strikes in a monthUS Strikes Iran For First Time in Weeks— Spox Says IRGC Was ‘Preparing’ a LaunchTrump posts AI-generated video of Iran’s Kharg Island ‘blown to smithereens’ hours after first US strikes in a month
(DBN)

"That sucker is open": U.S. gains the upper hand in the battle for Hormuz
(DBN)

Trump's evolving endgame for the Iran war, in 6 quotes
(DBN)

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Nepal:

Nepal-Tibet floods: rescuers race to reach 900 people believed trapped in hydropower tunnels
(DBN)

Headteacher saves 900 children from deadly flash flood in Nepal
(DBN)

Why Nepal's rare, deadly flood struck without warning
(DBN)

Death toll tops 900 in Nepal-Tibet flooding as rescue efforts intensify with more than 4,000 still missing
(DBN)

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Brazil:

Braskem Wins Court Approval to Process Out-of-Court Reorganization
(DBN)

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Italy:

Trump's ambassador to Italy is flaunting his wealth, and it's dividing Italians
(DBN)

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Russia:

CIA director floated Trump-Putin-Zelensky summit during Moscow visit, sources say
(DBN)

Russia is bombarding Europe with a new wave of 'gray zone' attacks
(DBN)

Ukraine Says Putin Planning Ground Offensive on Kyiv
(DBN)

Putin to unleash 300,000-troop 'hammer blow' as desperate Putin goes all-outRussia preparing ‘massive strikes’ on Ukraine’s energy sites after deadliest attack of the year
(DBN)

Estonia’s spy chief: ‘Russia is in a very bad place – revolution could come overnight’
(DBN)

Russia Now Using Fully AI-Controlled Drones to Kill Ukrainian Civilians, Powered by Nvidia Chips
(DBN)

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South Korea:

Personal bankruptcy filings hit record high as rates, costs surge
(DBN)

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Austria:

Benko is alleged to have added Tanner's signature after the fact
(DBN)

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India:

Parliament panel suggests dedicated NCLT benches for insolvency cases
(DBN)

'IBC is not a panacea': ISB professor asks why banks did not monitor Subhash Chandra's falling assetsDissenting lenders allege family-linked companies rigged the approval voteSubhash Chandra repayment case isn’t the scandal everyone is making it out to beEssel Group Chairman Subhash Chandra speaks on insolvency case: 'I have not borrowed a single rupee'What ‘haircut’ means in insolvency and how it applies to Subhash Chandra’s Rs 22,000-cr caseSubhash Chandra and the Rs 22,000 crore question, what is a personal loan guarantee?
(DBN)

India’s economy expands 7.8% in fiscal first quarter, beating estimates
(DBN)

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Australia:

Bathla ‘won’t last ’til the end of the week’ as staff go unpaid
(DBN)

Insolvency boss is an investor in firm that sent him 50 referrals
(DBN)

Business-related insolvency surge fuels personal fallout
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