February 19, 2026

The Daily Bankruptcy News

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Law:

Nonequity Partners: It’s Not Personal, It’s Just Business
(DBN)

California AG Says Paul, Weiss Sold Out The Profession
(DBN)

Venture Fund Sues Cooley LLP Over Alleged Concealment of $76 Million Ethereum Liability
(DBN)

Connell Foley LLP launches corporate restructuring and bankruptcy practice in Delaware
(DBN)

Tom Goldstein’s Fate Heading to Jury Following Closing Arguments Jury Deliberates in High-Profile Tax Evasion Trial of SCOTUSblog Founder Thomas Goldstein
(DBN)

Arizona Bar Association Seeks Tighter Regulations on Non-Lawyer Investor Participation in Law Firms
(DBN)

Generative AI is now capable of grading law school exams; what’s next?
(DBN)

Judge skeptical over remorse of defendant who used AI to write apology letters
(DBN)

Your AI Conversations May Not Be Privileged: What United States v. Heppner Means for Every Organization Using AI
(DBN)

Agentic AI Is Forcing Contracts To Govern Continuous Behavior
(DBN)

Texas Attorney Sanctioned for AI-Generated Brief Highlights Legal Industry’s AI Challenges
(DBN)

Amazon Seeks Sanctions Amid Allegations of AI-Generated Citation Fabrication in Trademark Fraud Case
(DBN)

Deposition Simulator Uses AI To Bring Training Opportunities To Young Lawyers
(DBN)

This civil rights lawyer uses AI to battle the FBI
(DBN)

AI Takes The Blame, Epstein Takes The Careers
(DBN)

Simpson Thacher Welcomes David Nemecek to Lead Capital Structure Solutions Practice
(DBN)

Exxon Mobil’s Shift From Paul Weiss to Boutique Law Firm Highlights Evolving Climate Litigation Strategy
(DBN)

Why law firms are moving to open-plan offices
(DBN)

Indiana Law Firm Sues Over Alleged Employee-Led Attorney Exodus and Office Closure
(DBN)

ABA Legal Ed council will consider including alternative pathways to bar in accreditation standards
(DBN)

Houston Is Becoming A Biglaw Stomping Ground
(DBN)

Latham & Watkins’ London lawyers offered free cycling lessons after office move
(DBN)

NFL Growth Slowdown Could Signal Challenges for Major Law Firms
(DBN)

Law firm sues bankrupt crypto company's committee over fees
(DBN)

White House names new pick for Nevada top federal prosecutor after confirmation trouble
(DBN)

The Justice Department is not acting like it used to, criminal defense lawyers note
(DBN)

Sheriff Under Fire for His Handling of the Nancy Guthrie CaseGoogle makes crushing admission about desperate search for Nancy GuthrieNancy Guthrie’s security footage reveals new clue about kidnapper as desperate search continuesSheriff leading Nancy Guthrie probe admits to only holding out hope as there’s no ‘proof of death’FBI contacts Mexican Law Enforcement
(DBN)

Trump DOJ Can’t Answer, ‘What Law Did My Client Allegedly Break?’
(DBN)

Senior DOJ Aide’s Role and Influence in Trump Investigations Raise Concerns About Prosecutorial Independence
(DBN)

Hillary Clinton asks court to confirm Trump, his lawyers must pay interest on sanctions
(DBN)

Trump Administration Learns To Its Dismay It ‘Cannot Alter Substantive Rights’
(DBN)

Texas town rejects detention camp in protest against Trump’s immigration policiesThe LA artists leading an ‘irresistible resistance’ against ICEU2 releases Renee Good tribute song 'American Obituary'States testing limits of ICE, CBP agent immunity
(DBN)

Terrifying moment homeless man snatches toddler from mother in supermarket
(DBN)

Man who busted girlfriend's eye socket because someone said she looked nice learns fate
(DBN)

Creep accused of slaughtering girlfriend with saw delivered by DoorDash  — then sending chilling texts from her phone
(DBN)

‘Strip Law,’ animated comedy series about Vegas lawyers, debuts on Netflix
(DBN)

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Judges:

Trump administration appeals order to restore George Washington slavery exhibit in PhiladelphiaJudge orders Trump administration to restore George Washington slavery exhibit
(DBN)

Judges only hiring clerks from their alma maters is bad look, new ABA ethics opinion says
(DBN)

Trump Plans to Nominate Personal Lawyer Smith to Eighth Circuit
(DBN)

The Judiciary’s Overwhelming Response To Trump’s ‘Mandatory Detention’ Immigration PolicyTrump-appointed judge finds so-called 'mandatory' detention of immigrant 'unlawful'
(DBN)

Judge Declares Mistrial Over Civil Rights Fashion Choice
(DBN)

Judge blocks deportation of Palestinian activist who led protests at Columbia
(DBN)

DOJ acknowledges violating dozens of recent court orders in New Jersey
(DBN)

‘Boneless wings’ suit against Buffalo Wild Wings doesn’t fly in federal court
(DBN)

District Court Upholds Decision That Restaurants Can Coast On Vibes
(DBN)

Supreme Court Adopts ‘New’ Process To Avoid Conflicts Of Interest 20 Years Too Late
(DBN)

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Wall Street:

Stock futures slide as Walmart outlook disappoints, Iran tensions simmer
(DBN)

S&P 500 rises, even with Fed rate outlook uncertain
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Layoffs:

International life insurer to lay off over 100 in Hartford office
(DBN)

Breakthru Beverage Cuts 500 Jobs Amid Industry Shakeup
(DBN)

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Agribusiness:

Filing Alert: Friedenbach Family Farms Chapter 11
(DBN)

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Sports:

Morocco 'poisoning, shooting and burning' dogs alive ahead of 2030 World Cup
(DBN)

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Weight Loss:

A New Concern About Weight Loss Drugs: What if They Work Too Well?
(DBN)

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Retailing:

Saks Global faces more rent disputes amid bankruptcy
(DBN)

Brunello Cucinelli on Saks Global, reports strong 2025 growth
(DBN)

Italy's Cucinelli says it resumed shipments to Saks at end-January
(DBN)

Off-price retailer and Marshall’s rival inching towards bankruptcy after escaping chapter 11 once before
(DBN)

QVC Group faces $30 million ‘unjustified termination’ lawsuit after report of potential bankruptcy
(DBN)

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Autos

Why it’s becoming so expensive to buy a car in America
(DBN)

Carvana falls as higher costs trim used car seller’s profit
(DBN)

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Television:

FCC requested transcripts of Bad Bunny’s Super Bowl halftime performance
(DBN)

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Tourism:

Canadian snowbirds are still unhappy with Trump. And Palm Springs is feeling the chill
(DBN)

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Skiing:

8 skiers found dead after California avalanche
(DBN)

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Media:

Anderson Cooper decided not to renew ‘60 Minutes’ contract at last minute — flooring execs: sources
(DBN)

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Environmental:

Potomac River E-coli levels skyrocket after 240M gallons of sewage pour into waterway
(DBN)

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Newspapers:

Warren Buffett’s company invests in The New York Times 6 years after he sold all his newspapers
(DBN)

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Freight:

Freight Downturn Deepens as Supply Chain Bankruptcies Mount
(DBN)

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Economy:

Billionaires’ Low Taxes Are Becoming a Problem for the Economy
(DBN)

Fed Minutes Show No Rush to Restart Rate Cuts, and Even Possibility of HikesFed officials voiced concern inflation persists above 2% target
(DBN)

Inflation Is Down, But Americans Still Feel an Affordability Squeeze
(DBN)

Trump adviser says NY Fed economists should be ‘disciplined’ for publishing study on tariffs
(DBN)

Unprecedented 'jobless boom' tests limits of US economic expansion
(DBN)

Federal Reserve officials warn progress towards inflation goal will be ‘uneven’
(DBN)

Federal Reserve officials discussed interest rate hike scenarios at their last meetingFed minutes show deep divide over rate cuts
(DBN)

US markets and the economy are heading into uncharted territory
(DBN)

Fed governor Barr: 3 ways AI could shake up the labor market
(DBN)

Trump's economic adviser says authors of tariff study should be "disciplined"
(DBN)

Bernie Sanders and Gavin Newsom become adversaries over push to tax California billionaires
(DBN)

The truth about population decline
(DBN)

Could Artificial Intelligence Bankrupt Social Security?
(DBN)

Dallas ranks 4th for most financially distressed residents in America
(DBN)

US Debt Clock
(DBN)

World Debt Clock
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Real Estate:

Housing Starts Increased to 1.404 million Annual Rate in December
(DBN)

Nate Paul suffers setback as judge tosses case in $27M downtown Austin foreclosure fight
(DBN)

Calls grow for Detroit to seize control of Leland House amid housing crisis
(DBN)

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Municipalities:

Malibu, 'emotionally and physically scarred,' is suing California, LA., others over Palisades fire
(DBN)

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Oil/Gas:

Brent Oil Price Tops $71 as Fears of U.S.-Iran Conflict Grow
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

How Democrats are feeling about their party, according to a new AP-NORC pollMany Democrats are still down on the Democratic Party, a new AP-NORC poll finds
(DBN)

At least 12 Democratic lawmakers plan to boycott Trump's State of the Union address
(DBN)

Colbert Ratchets Up Battle With CBS in Scorching Monologue — Literally Trashes Network’s ‘Crap’ Statement Claiming They Didn’t Kill Talarico InterviewColbert's YouTube post exposes flaw in TV rules The Interview They Don't Want You to SeeTexas Dem Senate candidate James Talarico rakes in $2.5M after Stephen Colbert interview nixed from ‘Late Show’FCC’s Carr brushes off CBS-Talarico interview controversy as a 'hoax'
(DBN)

Rich Americans Fleeing Trump Are Scrambling for Overseas 'Golden Visas'
(DBN)

The ‘Enigma’: Why JD Vance Befuddles the World
(DBN)

GOP Rep’s Alleged Affair With Staffer Before Her Shock Death Exposed
(DBN)

Potomac Sewage Spill Becomes Ecological Disaster and Political Fight
(DBN)

Les Wexner's ties to Jeffrey Epstein, explained"Denied everything": Dems blast Wexner for downplaying Epstein tiesBillionaire Les Wexner says he was ‘duped’ by adviser Jeffrey Epstein, ‘a world-class con man’DOJ Removed Record of Multiple FBI Interviews with Underage Trump Accuser, Epstein Data Shows Epstein files revelations spark new European police probesSchool districts cut ties with photo giant after social media posts about alleged Epstein tiesNaomi Campbell Gave Jeffrey Epstein Access to A-List Parties and Fashion Events, But He Didn't Let Her Use His Private Jet
(DBN)

Where Christian nationalism is most dominant in the U.S.
(DBN)

Survey: Americans aren't as racially divided as we think
(DBN)

Dems eye forced vote to censure Randy Fine
(DBN)

The disturbing rise of Clavicular: how a looksmaxxer turned his ‘horror story’ into fame
(DBN)

Tucker Carlson visits Israel for sit-down with Huckabee: ‘He wouldn’t leave the airport'Tucker Carlson 'detained' in Israel: Journalist 'dragged into interrogation room' as explosive interview sparks diplomatic firestorm
(DBN)

A ‘clown’ who wouldn’t go away: Inside Obama’s team’s blind spot on Trump
(DBN)

With immigration losing its edge, Republicans find a new boogeyman: 'Radical Islam'
(DBN)

Trump tells Starmer handing Chagos Islands to Mauritius is a ‘big mistake’Trump pivots again, says UK’s Chagos deal would be ‘mistake’
(DBN)

Trump admin. releases funds for NY-NJ tunnel president called a ‘future boondoggle’
(DBN)

John Cornyn warns of a GOP 'massacre' in Texas if Ken Paxton beats him in their Senate primary
(DBN)

Governors arrive in Washington eager to push past Trump’s partisan grip
(DBN)

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Student Debt:

Education Department Urges Colleges To Combat Rising Student Loan Default Rates
(DBN)

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Food Delivery:

US receiver to liquidate Believer Meats’ factory and assets as Israeli trustee ringfences IP
(DBN)

Doordash falls 8% on lackluster fourth-quarter results
(DBN)

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Banking:

Wells Fargo To Pay $56.85 Million Settlement
(DBN)

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Resorts:

China’s CCA Construction emerges from chapter 11 bankruptcy as Baha Mar legal dispute finally resolved
(DBN)

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Movie Theaters:

Justice Department probes Warner sale’s impact on theaters
(DBN)

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Healthcare:

North Star Health Alliance will meet payroll
(DBN)

North Star lender pushes back as health system confirms $2.6M in state aid
(DBN)

FDA will now review flu vaccine it had rejected
(DBN)

NYU Langone Health: We’re Close To Clinical AI With No Human In The Loop
(DBN)

Pediatric dentist was intoxicated while performing surgery on patient, police say
(DBN)

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Crypto:

Cryptominer NFN8 files for bankruptcy, following data center fire and Bitcoin price crash
(DBN)

Sen. Warren tells Fed and Treasury: No bailout for crypto billionaires
(DBN)

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Assisted Living:

Vacant Creswell Senior-Housing Owner Files Bankruptcy
(DBN)

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Cosmetics:

Pat McGrath is not going anywhere after securing new funding for her brandHow Pat McGrath’s beauty empire fell from billion-dollar heights to bankruptcy
(DBN)

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Gift Cards:

Costco Says Hundreds Of Gift Cards From The Warehouse Are Now Unusable—Here’s Why
(DBN)

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Fraud:

Former Mobileum Executives Charged With Accounting Fraud Ahead of $915 Million Company Sale
(DBN)

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Rugby:

Ex-double French champs pull out of match as club collapse looms
(DBN)

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Consumer Protection:

White House Says CFPB’s ‘Regulatory Burden’ Cost Consumers BillionsAnalysis questions CFPB’s economic impact, sparks debate over true costs
(DBN)

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Fintech:

Court Approves Linqto Chapter 11 Plan with Significant Recoveries for Unsecured Creditors
(DBN)

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  New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Wisconsin farm bankruptcies surged in 2025
(DBN)

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Mass Torts:

Bayer reaches $7.25B settlement over Monsanto's Roundup accusations
(DBN)

The largest Catholic clergy abuse settlements in the US
(DBN)

Diocese of Camden Agrees to $180 Million Settlement with Sexual Abuse Survivors in Historic Bankruptcy Deal
(DBN)

Trump order pushes glyphosate production; Roundup chemical hated by MAHA
(DBN)

Bayer’s $7 Billion Effort to End Roundup Curse Draws Skepticism
(DBN)

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Sanctions:

Rhodium Bankruptcy Counsel’s Sanctions Bid Highlights Legal Fee Disputes in Corporate Insolvency
(DBN)

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Conversion:

Sixth Circuit Ruling Highlights Crucial Timing in Bankruptcy Transitions from Chapter 13 to Chapter 7
(DBN)

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Aviation:

Spirit moves to auction 20 Airbus jets, sets $533.5M bid floor
(DBN)

American Airlines is in such dire shape that unions want to oust its leadership
(DBN)

Azul Enters Into Investment Agreements with Strategic Investors and Existing Creditors
(DBN)

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Tech:

Business owner left facing bankruptcy over daughter’s £42k TikTok bill
(DBN)

‘Woke’ AI Feud Escalates Between Pentagon and Anthropic
(DBN)

A 600-acre AI data center could cost some Wisconsin residents their land
(DBN)

Pritzker to halt data center tax perks as power bills soar
(DBN)

Data Center Boom Fuels Growth for Major Law Firms Amid Global Digital Expansion
(DBN)

Macron says social media curbs for youth will be G-7 priority
(DBN)

New research shows companies aren’t as close to AI readiness as execs believe
(DBN)

The Rise of RentAHuman, the Marketplace Where Bots Put People to Work
(DBN)

Mark Zuckerberg testifies in LA trial over claims social media makes kids addictedJudge threatens to hold anyone recording with AI glasses in contemptMark Zuckerberg grilled about underage Instagram users during landmark social media trialZuckerberg Says ‘Difficult’ to Enforce Instagram Age Limits
(DBN)

Donald Trump’s AI push fuels revolt in MAGA heartlands
(DBN)

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Museums:

Louvre official says fraud 'inevitable' at large museums as France probes multimillion euro scheme
(DBN)

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Hotels:

Bloom Hotels files for Chapter 11Filing Alert: Sixty Sixty Resort Owner Chapter 11
(DBN)

Miami Beach condo-hotel owner torpedoes foreclosure auction with bankruptcy filing
(DBN)

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UK:

Still mates? How Slaughters, Macfarlanes and Travers Smith are surviving the US invasion
(DBN)

“It’s a case of new year, same problems” according to partner and insolvency practitioner at Azets
(DBN)

Fast food chain collapses into administration - hundreds of jobs lost
(DBN)

Warrington council asks for £354mn from government to avoid bankruptcy
(DBN)

Children with ADHD could lose extra special needs support in secondary school
(DBN)

Four companies linked to scheme which helped directors walk away from debts and undermine insolvency legislation are shut down
(DBN)

Hospitality insolvencies remain high as 3,353 businesses collapse in 2025
(DBN)

Ex-Prince Andrew reportedly arrested by UK police on misconduct charges as Epstein fallout growsArrested on suspicion of misconduct in public office on his birthdayAndrew Mountbatten-Windsor Has Debts to Pay
(DBN)

Business cost concerns hit record high ahead of April tax rises
(DBN)

Fraudster who wanted to be London mayor spared jail for £105k scam
(DBN)

Saga of Devon's Midas collapse nears end with £60m left unpaid
(DBN)

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EU:

Greece working with another 4 European countries to set up migrant deportation hubs outside EU
(DBN)

Higher US tariffs not to blame for jump in Chinese exports to Europe, ECB says
(DBN)

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Ireland:

Seán Dunne cross-examines former official who oversaw his bankruptcy estate
(DBN)

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Canada:

Retail landscape strong despite Toys "R" Us, Hudson's Bay failures: RioCan
(DBN)

Luxury Retailer Ssense’s Founders Get Buyout Approval, Deal Closes
(DBN)

The debt pile-up: New report shows Canadians entering insolvency with more accounts and higher balances
(DBN)

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Cuba:

Rubio's secret squeeze on Raul Castro's Cuba
(DBN)

Russia’s Putin slams U.S. oil blockade on Cuba: ‘We do not accept anything like this’
(DBN)

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MENA:

Trump moves closer to a major war with IranFinal Pieces Moving Into Place For Potential Attack On IranTrump meets with top Iran advisers as war threat grows6 reasons the U.S. and Iran are on the brink of warU.S. Gathers the Most Air Power in the Mideast Since the 2003 Iraq InvasionIran and the US lean into gunboat diplomacy as nuclear talks hang in balance
(DBN)

Oil jumps 4% after Vance says Iran ignored key U.S. demands, military strikes on the table
(DBN)

Exercise or escalation? Iran closes airspace ahead of ‘extensive missile launches’
(DBN)

Vatican won't participate in Trump's Gaza "Board of Peace"
(DBN)

Trump wants his Board of Peace to solve world conflicts. It still has a lot of work to do in Gaza
(DBN)

Israel on high alert as officials assess imminent US strike on Iran
(DBN)

In the West Bank, new Israeli regulations stoke Palestinian fears of annexation
(DBN)

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Russia:

Ukraine recaptures ‘most land since summer 2023’
(DBN)

Envoys signal no breakthrough on bridging Russia and Ukraine's political and military differences
(DBN)

Former army chief seen as Zelensky's top rival reveals a rift between them
(DBN)

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China:

Why Trump’s comment on discussing Taiwan arms sales with China has raised concerns
(DBN)

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South Korea:

Former South Korean President Yoon receives life sentence for imposing martial law
(DBN)

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India:

Insolvency Board proposes NCLT to mandatorily review 'all delayed claims', and limit CoC’s influence
(DBN)

Restructuring Without Fulfillment Of Conditions Cannot Defeat Insolvency: Supreme Court Reaffirms Default As The Sole Trigger Under Section 7 IBC
(DBN)

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Bahamas:

Bankruptcy laws play pivotal role in private sector credit expansion
(DBN)

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