February 17, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

This Biglaw Firm Is Restructuring Its Top Leadership Role After Nearly 20 Years
(DBN)

Office Work Can Be Less Productive Than Work From Home
(DBN)

Kirkland cuts concierge service for lawyers
(DBN)

Lowenstein Overhauls Leadership Structure, Adds Managing Partner
(DBN)

AI Won’t Automatically Make Legal Services Cheaper
(DBN)

Kane Russell Coleman Logan Names Trip Nix Chair of the Bankruptcy, Insolvency & Creditors’ Rights Practice Section
(DBN)

Georgetown Law Hires New Dean With Experience Surviving GOP Witch-Hunt
(DBN)

Hubris Or Poor Judgment? As Epstein Files Loomed, The Clock Was Ticking On Brad Karp’s Power At Paul, Weiss
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Senate GOP aims to reveal companies funding lawsuits
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The Moment Legal Found Out What ‘Ready’ Really Means
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Courtroom Competence Isn’t Included With A Law Degree — This Program Pays Law Students To Get It Right
(DBN)

Agreements that allow local police to work with ICE skyrocketThe Immigration Debate Came to Rural Kansas. Locals Stood by Their MayorTrump administration ordered to return college student who was deported over ThanksgivingICE blocked detainees' access to lawyers in Minnesota, judge findsKristi Noem's use of Coast Guard resources for deportations raises tension in the military branchFBI formally refuses to share evidence in Alex Pretti killing, Minnesota investigators say5 of the most-botched deportations of Trump 2.0ICE reveals $38B plan for immigrant mega-jails
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After DOJ antitrust firing, Trump’s Washington is wide open for mergers
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Integrity's moment of peril
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The Rise of the Celebrity “Prison-fluencer”
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Frustration, Despair Mount in Tucson Over Nancy Guthrie’s DisappearanceSavannah Guthrie posts new video: "It is never too late to do the right thing" TMZ Receives 4th Email Demanding MoneySavannah Guthrie is considering leaving Today show for good amid hellish search for missing mom NancyGuthrie family members cleared as possible suspects, sheriff saysTrump says Guthrie kidnappers will face death penalty if she is killed"Signal sniffer" to detect Nancy Guthrie's pacemaker deployedGuthrie suspect's mask, clothing believed to be from Walmart, sheriff says
(DBN)

Trump: Too Busy to Be a Defendant but Plenty of Time to Sue
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Epstein’s Shadow Costs Goldman Sachs Its General Counsel
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Failed indictment of 6 Democratic lawmakers blamed on Jeanine Pirro-picked prosecutors
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A wave of lawsuits has resulted from online comments after Charlie Kirk’s assassination
(DBN)

Pelosi Warns of Trump ‘Surveillance’ Ahead of Midterms: ‘It’s Not Right’
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Taylor Swift Sues Bedding Company For Using Cursive
(DBN)

Utah Republican 'waterboarded' his own daughter due to untidy bedroom
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Father allegedly stabbed infant, tossed him into the snow
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Young girl killed and four injured at boys ice hockey game after shooter opens fire at rink ‘then turns gun on himself’
(DBN)

Dad shoots wife, 3 kids in horror ‘family dispute’ at crowded RI hockey arena — sending players and fans scrambling
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'God's plan': Father made claims about sacrificing baby before stabbing
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Mom killed daughter while on a cheer competition trip together in murder-suicide: Cops
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Pastor, wife forced adopted children to eat out of dumpster and sleep in trash can: Cops
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Mom who left space heater pointed directly at toddler's crib charged in boy's death: Cops
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'Fed up' son pulls assault rifle on mom and pulls the trigger over house 'entitlement': DA
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Ex-cop sets fire to more than a dozen homes, properties of people he believed slighted him
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'Got what she deserved': Man calls 911 and says he killed cheating girlfriend, cops report
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Man feuding with brother over shared CashApp account plunged knife into his torso: Police
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Grandfather, 85, kidnapped in case of mistaken identity, police say, issuing appeal for his return
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5-year-old beaten to death by housemates with a golf club, barbell, and birdbath
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Enraged woman shot ex-boyfriend 6 times 'at point blank range' as he got out of his car
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Judges:

Judge orders ICE to release Filipino man after 'pattern of failures' in medical care
(DBN)

Federal judges may address ‘illegitimate forms of criticism and attacks,’ according to new ethics opinion
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DOJ Flames Judiciary Over Impertinent Demand For Competent US Attorneys
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Court Ruling Forces Trump Administration To Restore CFPB Funding
(DBN)

The Alito Retirement Rumor Mill Is Swirling
(DBN)

Judge invokes George Orwell’s ‘1984’ in ordering restoration of Philadelphia slavery exhibit
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Have you always wanted to own a federal courthouse? Now’s your chance.
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Wall Street:

Stock futures fall to start shortened week as tech and software shares slide
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Layoffs:

Company that's been in Houston area for two decades set to lay off more than 100 workers
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Entertainment:

WBD leans toward opening negotiations with ParamountNetflix grants Warner Bros. Discovery 7-day waiver to reopen deal talks with Paramount Skydance
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Education:

Trump administration sues Harvard, accuses it of defying admissions probe
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Parents are opting kids out of school laptops, returning them to pen and paper
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Theme Parks:

Family attorney in 6-year-old's Colorado amusement park death speaks amid bankruptcy filing by Glenwood Caverns
(DBN)

Ex-Miami Seaquarium Owner Eduardo Albor Reportedly Arrested in Cancun
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Retailing:

Bloomingdales ‘secretly hiring’ Saks and Bergdorf’s sales staff as they plot luxury takeover
(DBN)

Saks Fifth Avenue Club at InterContinental Bellevue Closes Amid Saks Global Bankruptcy
(DBN)

Bankrupt retailer increases sales to 75% off everything as it prepares to axe over 60 stores
(DBN)

Francesca’s receives $7 million bid for intellectual property
(DBN)

Eddie Bauer sets March 12 deadline to use gift cards, loyalty points in stores: docs
(DBN)

These are the most endangered retailers in America
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QVC on brink of bankruptcy as grim sign hints at death knell for beloved shopping channel
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Celebs:

Michael Jordan faces backlash over weird celebration with a child after Daytona 500 win
(DBN)

Anderson Cooper Leaving 60 Minutes — Turned Down Offer to Renew His Deal With CBS News
(DBN)

Rev. Jesse Jackson, a civil rights icon, dies at 84
(DBN)

Robert Duvall Dead: 'The Godfather,' 'Great Santini' Star was 95
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Maritime:

172-Year-Old California-Based Shipyard Files Chapter 11 Bankruptcy
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Coal:

Cost of Trump's Coal Push Plays Out in Dollars, Noise and Health
(DBN)

Trump’s Coal Renaissance Comes at Cost for Taxpayers
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Trucking:

Yellow’s Bankruptcy Proceedings Enter Final Chapter
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Assisted Living:

Life Care Distress Means Senior Risk, Private Equity Opportunity
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Agribusiness:

Farm Bankruptcy Climbs
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Turnarounds:

Referral Networks, Market Uncertainty and “Pipeline to Prosperity”: A Conversation with TMA Chicago/Midwest Chapter President Sandy Prabhakar
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Economy:

US business, consumers bore 90 percent of Trump tariff costs: NY Fed
(DBN)

Household Debt Reaches $18.8 Trillion
(DBN)

Inflation slows to 2.4% amid persistent worry about affordability
(DBN)

The Affordability Crisis Can Now Add Wages to the Mix
(DBN)

The Goldilocks economy, if you don't look too close
(DBN)

Trump vowed to boost Black business. Critics say he's failed so far
(DBN)

Republicans worry party won’t do enough to address costs before midterms
(DBN)

Shivering Americans Snap Up Firewood as Winter Grinds On
(DBN)

MAGA donor who criticized offshoring to close Ohio plant and move work to China
(DBN)

Social Security’s trust fund is nearing insolvency, and the borrowing binge that may follow will rip through debt markets, economist warnsMyths and fearmongering are driving Social Security to insolvency
(DBN)

Most CFOs expect larger IT budgets, ‘collapsing’ staff growth: Gartner
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US Debt Clock
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World Debt Clock
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Real Estate:

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

A new mortgage crisis is quietly hitting those who can least afford it
(DBN)

Homebuyers are scoring deals — but prices remain high
(DBN)

TX: Builder Casey's businesses in bankruptcy can successfully reorganize, adviser says
(DBN)

OH: Judge allows defunct Lamb’s House to reject real estate deal
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Oil/Gas:

EIA Still Sees USA Oil Output Falling Next Year
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Politics:

Tracking approval and key issuesTrump Approval 34%
(DBN)

George W. Bush Torches Trump in Presidents’ Day Message
(DBN)

Mike Johnson’s Power Is Shrinking By the DayInside the bitter feud over Mike Johnson's rule-breakers
(DBN)

Voter trust in US elections drops amid Trump critiques, redistricting, fear of ICE
(DBN)

Ramping Up Election Attacks, Trump Does Not Let Reality Get in His Way
(DBN)

A Pilot Fired Over Kristi Noem’s Missing Blanket and the Constant Chaos Inside DHSThe 5 Wildest Revelations From Bombshell Kristi Noem-Corey Lewandowski Exposé
(DBN)

Former Norway leader charged with corruption after probe into alleged Epstein ties, lawyers sayEpstein files end business, political careers across globe Casey Wasserman Is Putting His Talent Agency Up for Sale After Epstein FalloutThe Hollywood mogul who entangled music’s biggest stars in the Epstein scandalSteve Bannon courted Epstein in his efforts to ‘take down’ Pope Francis‘You are guilty’: Epstein-linked elites trade jabs in billionaire slap fightI witnessed Epstein’s post mortem. His death must be reinvestigatedJeffrey Epstein 'strangled not hanged' according to doctor at his post mortemDOJ May Have Only Released 2% of Epstein Cache — Despite Bondi’s Claim ‘All’ Files Released, Report FindsBombshell moment Epstein’s former butler tries to sell ‘little black book’ he calls ‘Holy Grail’ of damning infoDespite Epstein’s Toxicity, Steve Bannon Stood by Him, Texts IndicateSteve Bannon Told Jeffrey Epstein Trump Should Be Removed Via 25th Amendment During First TermHyatt Hotels chair steps down over Epstein associationFar right renews demand for Epstein answers after Bondi hearingNew Mexico approves comprehensive probe of Epstein's Zorro Ranch'Eva Dubin gave me your email': How Jeffrey Epstein got into hedge funds
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‘Melania’ Suffers Devastating Weekend at the Box Office
(DBN)

Olympics turn political as US athletes speak out against Trump
(DBN)

America is on the verge of a new type of racial reckoning
(DBN)

Black activists fought for slavery exhibits 24 years ago. The fight returned under Trump.
(DBN)

Trump says idea of renaming N.Y. Penn Station after him was raised by others, not him
(DBN)

Ocasio-Cortez’s Munich appearance draws mixed response from Democrats
(DBN)

Republican joins push to limit Trump pardon power
(DBN)

Noem dismisses criticism of ‘right people’ voting for ‘right leaders’ remarkHoman says he doesn’t ‘know’ meaning behind Noem’s ‘right leaders’ comments
(DBN)

Moore's bitter Maryland fights weigh on push to '28
(DBN)

Rubio delivers MAGA's foreign policy doctrine in Munich
(DBN)

Fragmenting Latino vote now a wildcard in elections
(DBN)

Republican congressman's anti-Muslim remark prompts calls for his resignation
(DBN)

Read wannabe California Governor Eric Swalwell's secret kinky poems
(DBN)

Special election to replace MTG could cause 'heartburn for Republicans': reporter
(DBN)

McConnell taking beating in race to replace him
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Environmental:

Why Utah bought one of its biggest polluters — and what it means for the Great Salt LakeUtah owns US Magnesium site. Now it has a mess to clean up
(DBN)

Enforcement of laws against polluters nearly non-existent in US, analysis finds
(DBN)

Trump EPA ends emissions limits for US automakers; state rules, lawsuits could follow
(DBN)

What to know about the disastrous Potomac sewage spillTrump directs federal authorities to protect Potomac
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Healthcare:

New UW study looks at medical debt, bankruptcy among insured
(DBN)

James Van Der Beek Cancer Exposes The Dark Side Of US Health Care: Why Actor's Disease Impacted Family's Finances
(DBN)

Americans fear death, disability, bankruptcy as ACA subsidies expire and millions consider plans they can’t afford
(DBN)

Musk declares victory with Medicaid data release
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Climate:

Why changes in a Florida ocean current could wreak havoc worldwide
(DBN)

More Snow in Florida Than Utah? Why Weird Weather Has Dominated This Year.
(DBN)

Why Winter in the U.S. Is Crazy This Year, in Five Charts
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Food/Beverage:

30-year-old sweets brand famed for Chocolate Bar fondue collapses into bankruptcy hours before Valentine’s Day
(DBN)

Court Stays FAT Brands Securities Case Following Bankruptcy Notice
(DBN)

$2.5 million of debt reported by Taylor Chip in new bankruptcy filingsBeloved ‘self-funded’ cookie company files for bankruptcy after just seven years and closes all locations in US city
(DBN)

Popular Mexican restaurant chain closes more locations
(DBN)

Soaring coffee prices rewrite some Americans’ daily routines
(DBN)

RFK Jr's new chatbot advises the public on 'best foods to insert into rectum'
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Hotels:

Former Sonder resort faces $26M foreclosure in Hillsboro Beach
(DBN)

LOGE to Shutter Historic Izaak Walton Inn, Other Properties Amid Bankruptcy
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Tech:

Starmer to extend online safety rules to AI chatbots after Grok scandal
(DBN)

Anthropic CEO Dario Amodei explains his spending caution, warning if AI growth forecasts are off by just a year, ‘then you go bankrupt’
(DBN)

There’s a Grim New Expression: “AI;DR”
(DBN)

Stock market doom loop is hitting everything that touches AI
(DBN)

DHS orders tech giants to unmask anti-ICE accounts
(DBN)

We’re Not Just Receiving AI’s Hallucinations, We’re Hallucinating With It
(DBN)

Palantir Hacked: Mass Surveillance Revealed?
(DBN)

India discussing age-based restrictions with social media firms, top minister says
(DBN)

Dinner Is Being Recorded, Whether You Know It or Not
(DBN)

Pentagon reviewing Anthropic partnership over terms of use disputePentagon's use of Claude during Maduro raid sparks Anthropic feud
(DBN)

AI could help judge Olympic figure skating
(DBN)

Consumer tech brands may go bankrupt or exit industry due to rising AI memory costs, warns Phison CEO
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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (36 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (17 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Bankruptcy Statistics:

Farm bankruptcies grew by 99 cases in 2025
(DBN)

Worst personal bankruptcy ever: The yearslong hell that happens when a billionaire says he's worth just $3,850Miles Guo’s Gilded New York Playthings Turn Into Cash-Guzzling Bankruptcy Brawl
(DBN)

Oregon business bankruptcies hit a 12-year high
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Miscellaneous:

Court Opinion Review: The Multi-Color Non-Pro-Rata DIP Fight, Houston District Court Steps Into First Brands and Judge Horan’s Strange Flip-Flop in Ligado
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Mootness:

Equitable Mootness: The Importance Of Seeking A Stay (In re 307 Assets)
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Bankruptcy Strategy:

In a shift, lenders begin to dominate initiation of bankruptcy cases
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Mass Torts:

Talcum Law Firm Accuses Litigation Funders of ‘Pirating’ Cases
(DBN)

Phila. Talc Jury Finds J&J Liable for Woman's Ovarian Cancer Death, Awards $250K
(DBN)

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Aviation:

Spirit Airlines Loses A Credit Card Partner as Bankruptcy, Route Cuts, and Crew Shortages Deepen Crisis
(DBN)

Nigerian carriers profitable on paper, insolvent in reality-Aero MD
(DBN)

Provider of airline pilot training centers files for bankruptcy protection, seeking a bankruptcy sale to its lenders
(DBN)

Sexual assaults on airplanes are up, and likely underreported, a CBS News investigation finds
(DBN)

A partial shutdown looks almost certain. TSA is warning of long waits and missed or delayed flights.
(DBN)

New TSA rule will change how travelers are officially identified
(DBN)

Man smashes check-in machines in airport rampage
(DBN)

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D&O:

Proxy Power in Flux: Governance, Politics, and D&O Risk
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Optimizing D&O Policies for Private and Nonprofit Firms
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Weight Loss:

Intermittent fasting no better than typical weight loss diets, study finds
(DBN)

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Autos:

Major Performance Brake Company Killed In First Brands Auto Parts BankruptcyAutolite, Stoptech, Fram and More Upended by Parent Company’s Bankruptcy
(DBN)

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Sovereigns:

Restructuring Ghana’s insolvent state-owned enterprises: A rescue from collapseReviving the insolvent? The stark numbers behind PBC and CPC
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UK:

Solicitor who bombarded legal blogger with emails, voicemails and birthday gift convicted of stalking
(DBN)

Wirral Council asking for £6m bailout ahead of likely council tax riseGovernment to pay off 90 per cent of Somerset’s special needs deficitCouncil asked for third bailout as tax to rise by 4.99%Bankruptcy option for Hampshire County council amid £100m budget deficitTrafford council at risk of bankruptcy
(DBN)

Mortgage repossessions increased by 39% in 2025
(DBN)

Governance Failure: The William Blake House Insolvency Scandal
(DBN)

Takeaway owner who bought Apple and Burberry goods instead of paying tax bill ordered to repay more than £70,000
(DBN)

FCA fines former Chief Executive of Carillion
(DBN)

Profit warnings from UK-listed construction companies reach highest level since pandemic
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EU:

Bankruptcies rise in EU
(DBN)

Warmer words but relations remain frosty between the U.S. and its old friends in Europe
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Ireland:

US owners Carlyle back £150m refinancing at debt-laden retailer Very
(DBN)

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Canada:

Carney plots ‘Buy Canada’ defense strategy to unlock billions in investment
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Germany:

Right-wing violence rises
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MENA:

Dentons Middle East appoints experienced restructuring and insolvency specialist Katharina Schaub
(DBN)

Female IDF soldiers escape Ultra-Orthodox riot
(DBN)

Iran's Revolutionary Guards launch Strait of Hormuz drills
(DBN)

Trump sends second aircraft carrier to Gulf amid Iran threats
(DBN)

Iran Says It’s Closing Parts of Hormuz Strait as US Talks Resume
(DBN)

Retired Army general predicts ‘formidable’ US military action against Iran if Trump pulls trigger
(DBN)

U.S. and Iran set to hold second round of nuclear talks in Geneva
(DBN)

Trump and Netanyahu agree to increase pressure on Iranian oil
(DBN)

Trump announces Board of Peace members have pledged more than $5B toward Gaza
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Russia:

Russian Railways on the verge of bankruptcy
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Putin’s War in Ukraine Is Also Hitting Russians Harder at Home
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The financial situation of medium and large enterprises in the Russian Federation continued to deteriorate at the end of 2025
(DBN)

Elon Musk’s Starlink crackdown cripples attacks on Ukraine as Russian casualty rates soar
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Cuba:

Trump says US, Cuba are talking in midst of oil blockade
(DBN)

Mexico’s Cuba obsession puts its president in a bind with Trump
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Cuba hardliners ask Trump's DOJ to indict Raul Castro
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Venezuela:

Trump says Venezuela's acting leader 'has to say' Nicolás Maduro is the legitimate president
(DBN)

US forces board Veronica III tanker in Indian Ocean amid Venezuela oil crackdown
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India:

Nine years of IBC: Transforming India’s insolvency landscape
(DBN)

Supreme Court ruling limits spectrum monetisation options for telcosCat Fight in Insolvency: Banks vs DoT and the Future of Spectrum under IBC
(DBN)

IBBI proposes new norms to strengthen CoC oversight and transparency
(DBN)

Why Celebrities Can No Longer Use Insolvency Law To Recover Dues From Brands
(DBN)

Mere Pendency Of Counterclaim For Damages Does Not Bar Financial Creditor From Invoking Insolvency Proceedings Under IBC: Supreme Court
(DBN)

IBC in Conflict: Navigating Moratorium, Enforcement Actions, and Statutory Priority in a Multi-Regulatory Framework
(DBN)

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Brazil:

Victor Hugo faces bankruptcy due to billion-dollar debt and default strategy
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Malaysia:

Men comprise over 70 per cent of Malaysia’s bankruptcy cases since 2022
(DBN)

Malaysia launches fast-track bankruptcy discharge for vulnerable groupsBankruptcy should not be permanent punishment for honest failure
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