January 21, 2026

The Daily Bankruptcy News

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Law:

Biglaw Firm Swoops In As Midsize Firm Collapses, Scooping Up Its Lawyers
(DBN)

The Billable Hour Isn't Dead—AI is Just Teaching it How to Hustle
(DBN)

Less Hours Worked & Fewer Lawyers Needed: Dealing With The New AI Reality
(DBN)

Willkie Adds Restructuring Partner Jeffrey Michalik In Chicago
(DBN)

How much do legal leaders trust artificial intelligence in high-stakes decisions? New study sheds light
(DBN)

Law Students Protest Culture War Dean Firing
(DBN)

Willkie Farr Hit With $735 Million Fraud LawsuitWillkie Accused of Aiding and Abetting $735 Million Fraud
(DBN)

A Simple Proposal for the Legal Profession to Regain Its Dignity
(DBN)

Online, part-time JD program launches at Arizona State University Sandra Day O’Connor College of Law
(DBN)

ICE thugs dragged semi-clothed US citizen grandfather, 56, into the freezing snowTrump's "roving patrols" are closing in on Americans Lawyers allege Dept. of Homeland Security is denying legal counsel to Minnesota detainees Army veteran says ICE agents detained him for hours without access to phone or his attorney US citizen says ICE removed him from his Minnesota home in his underwear after warrantless searchVolunteers in Minnesota Deliver Groceries So Immigrants Can Hide at HomeTo Their Shock, Cubans in Florida Are Being Deported in Record NumbersBillie Eilish’s Emotional Speech at the MLK Jr. Awards Includes a Call Against ICE and Donald TrumpTech workers ask their bosses to 'call the White House' over ICE raidsJustice reporter swats down Stephen Miller's complaint with fact checkThe Minneapolis siege is even worse than the videos showMamdani says he backs abolishing ICEDonald Trump Gives Kristi Noem New Demands for Minnesota ICE OperationsCan Trump Revoke Citizenship of Migrants for Fraud? It’s ComplicatedTrump officials investigate protesters who interrupted Minnesota church service, targeting ICE official
(DBN)

'Exceptionally Egregious': Renee Good's Family Has Strong but Challenging Case Suing ICE, Lawyers Say
(DBN)

How My Reporting on the Columbia Protests Led to My Deportation
(DBN)

DOJ subpoenas Walz, Frey, others in probe alleging immigration obstruction
(DBN)

Federal judges move to replace Lindsey Halligan as US attorneyVirginia Court Seeks US Attorney to Succeed Trump’s HalliganChief judge orders newspaper ads to 'solicit' interest in replacing Lindsey Halligan
(DBN)

The Attorney General Who Won’t Say NoAttorney General Bondi wants a letter of support from me. No way
(DBN)

The Civil Rights era is losing its grip on young Americans
(DBN)

Defense rests in former Uvalde school officer’s trial, closing arguments begin Wednesday
(DBN)

Three tourists on Florida guys’ trip were stalked by nut before he randomly killed them, family says
(DBN)

Kids' bodies decomposed in trunk while dad's Grindr dates 'frequented' home: Police
(DBN)

Man set house on fire in 'diabolical' effort to kill girlfriend but killed neighbor
(DBN)

School staff 'stepped over' epileptic 11-year-old having deadly seizure: Lawsuit
(DBN)

Mom who says she made murder pact with son, slashed his throat 'out of love' learns fate
(DBN)

Man kidnapped Jeep Wrangler saleswoman taking him on a test drive, authorities say
(DBN)

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Judges:

Trump’s Greenland tariff threats could be upended by Supreme Court decision
(DBN)

Ketanji Brown Jackson Breaks With Supreme Court Over ‘Intolerable’ Ruling
(DBN)

Judge presiding over Border Patrol murder-plot case warned of threats to judges after family members were killed
(DBN)

Federal Judge Accuses Trump Team Of Conspiring Against The First Amendment, DOJ Shrugs
(DBN)

Tennessee man pleads guilty to repeatedly hacking Supreme Court’s filing system
(DBN)

Hundreds of judges reject Trump’s mandatory detention policy, with no end in sightImmigrant detention deaths reach 20-year high under Trump
(DBN)

Conservative justices reluctant to credit Black Codes in Hawaii gun law case
(DBN)

Texas Schools Wait as Law on Ten Commandments Reaches Appeals Court
(DBN)

Manhunt launched after judge and wife shot in their homeIndiana Supreme Court chief justice and county judges weigh in after shooting of judge and wifeBiglaw Firm Swoops In As Midsize Firm Collapses, Scooping Up Its Lawyers
(DBN)

Elvis Has Left the Courthouse: Presley-loving judge ousted by state supreme court
(DBN)

Judge kicked out of office is acting as own attorney, suing officer over nightclub arrest
(DBN)

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Wall Street:

Stock futures rise after S&P 500 and Dow notch worst day since October
(DBN)

Dow slides 870 points, S&P 500 drops 2% for worst day since October on Trump tariff threat
(DBN)

Wall Street’s fear gauge jumps amid Greenland tariff tensionsGlobal stocks slide after Trump threatens new tariffs over Greenland
(DBN)

Dow drops 500 points as Trump’s Greenland scheme sparks U.S. capital flight‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assetsTech stocks lead Wall Street sell-off as tensions over Greenland escalateRay Dalio warns that ‘capital wars’ could follow Trump’s actions, with countries dumping U.S. assetsS&P 500 sheds $750 billion—Greenland’s estimated value—on Trump’s threats, economist says
(DBN)

Treasury market has worst day in months after Trump threatens European allies with tariffs related to Greenland
(DBN)

Wall Street is once again banking on the TACO trade because they’ve been 'burned' by believing Trump before
(DBN)

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Layoffs:

AI impacting labor market ‘like a tsunami’ as layoff fears mount
(DBN)

Del Monte cannery in Modesto to close, impacting hundreds of jobs
(DBN)

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Healthcare:

Over a dozen Pennsylvania hospitals could close, report says
(DBN)

Centurion misses deadline to purchase Roger Williams, Fatima hospitals, seeks $18 million from state
(DBN)

Prospect to sell Pennsylvania hospital for $1M
(DBN)

Republicans will be hard-pressed to pass Trump’s ‘Great Healthcare Plan’
(DBN)

Bipartisan health package likely moving forwardCongress pitches bipartisan health package: 8 things to know
(DBN)

Doctor allegedly playing 'music bingo' with staff during fatal cataract surgery indicted
(DBN)

88 new measles cases confirmed in South CarolinaSouth Carolina measles cases push US toward losing status
(DBN)

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Food/Beverage:

Troubled distillery seeks buyer amidst bankruptcy
(DBN)

Smokey Bones BBQ restaurant chain closes more restaurants
(DBN)

Analysts Says That These 5 Sandwich Chains Could Be at Risk of Bankruptcy in 2026
(DBN)

19-year-old grocery brand partner files Chapter 11 bankruptcy
(DBN)

Fewer headwinds, better appetite in restaurant sector — Morgan Stanley
(DBN)

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Tech:

Russell Agrees to Hand Over Phone in Luminar Bankruptcy
(DBN)

AI Spending Spree Drives Global Tech Debt Issuance To Record High
(DBN)

Threads overtakes X in daily mobile users
(DBN)

What is college for in the age of AI?
(DBN)

Wall Street had hopes for AI. Alphabet made those wishes come true
(DBN)

OpenAI warns of growing "capability overhang"
(DBN)

Tech titans lined up for Trump’s second inauguration. Now they’re even richer
(DBN)

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Religion:

'Morally acceptable' for US troops to disobey orders, archbishop says
(DBN)

The first pope from the US is pressing Trump — and getting little in return
(DBN)

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Gambling:

The legal battle over prediction markets is heating up
(DBN)

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Agribusiness:

Farmer-Lender Mediation available to farmers in debt
(DBN)

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Insurance:

Los Angeles fires dominated insured losses of $127bn in 2025, says Aon
(DBN)

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Economy:

Supreme Court Will Decide if Fed Independence Has Any Legal TeethWhen Supreme Court decides her fate, it may also help determine Fed chair’s futureSupreme Court tests limits of Trump's power over the economy in fight over Fed's Lisa CookThe Fed-firing case in three stepsTrump v. Cook: an explainerClement Bucks Trump in Defending Fed’s Cook at Supreme Court
(DBN)

Bessent says Trump’s pick for the next Fed chair could happen next weekTrump's ideal pick for Fed chair becomes more elusive
(DBN)

Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake
(DBN)

Trump throws unhinged tariff tantrum over prospect of France refusing to join his new Board of PeaceAmazon CEO Jassy says Trump’s tariffs have started to ‘creep’ into pricesTrump threatens 200% tariff on French wines as Macron reportedly snubs ‘Board of Peace’ seatRepublicans condemn Trump's Greenland tariffs threat
(DBN)

Donald Trump’s Greenland tariffs are no great blow to Europe
(DBN)

US bears 96% of tariff costs, belying Trump’s claims: Kiel Institute
(DBN)

Quick Tariff Ruling in Doubt as Supreme Court to Take RecessSupreme Court doesn't rule on tariffs, with next potential decision in February
(DBN)

Danish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government finances
(DBN)

The reality of trying to make US manufacturing great again
(DBN)

Trump heads to Davos more aggressive and ambitious than ever
(DBN)

BlackRock chief Larry Fink warns Davos: Capitalism must evolve
(DBN)

Lawmakers release final measures to fund government ahead of shutdown deadline
(DBN)

California billionaire tax faces potential ‘uphill battle,’ new poll finds
(DBN)

Grocery inflation is picking up, defying Trump's claims. Here's why.
(DBN)

Could The Government Shut Down Again? What We Know as Deadline LoomsLawmakers release final measures to fund government ahead of shutdown deadline
(DBN)

US Retirees in Savings Crisis
(DBN)

The average 50-something American is now worth $1.4 million
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

3rd Look at Local Housing Markets in December
(DBN)

Trump signs order to restrict Wall Street firms from buying single-family homes
(DBN)

Nationwide Foreclosure Starts Rise In 2025
(DBN)

Where homes are most (and least) affordable
(DBN)

Detroit: Leland House may go to auction in March
(DBN)

Bankruptcy court approves sale of massive Leesburg development for $66 million
(DBN)

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Municipalities:

Sac City Unified Risks Insolvency
(DBN)

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Oil/Gas:

Fracking pioneers look overseas as US shale revolution goes global
(DBN)

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Politics:

6,000 Truth Social Posts Later, Here Are the Promises Trump Kept—and Broke
(DBN)

Trump’s approval rating largely unchanged in first year—but immigration ratings have plummetedOne year in, Trump's approval is underwater on most issues Lowest Poll of TermMap Shows Donald Trump’s Approval Rating in Each State After One Year
(DBN)

Trump health fears soar during 'bizarre' press briefing - 'Time for a medical review!'‘I Like the Hell’s Angels’: Trump Praises Notorious Biker Gang He Claims Are ‘Babies’ Compared to Migrants
(DBN)

One year ago, Donald Trump took an oath to serve the American people. Instead, he has focused on using the presidency to enrich himself.
(DBN)

Trump’s a T-Rex and ‘pathetic’ leaders need to confront him, rages California’s Newsom
(DBN)

Trump's era of volatility returns
(DBN)

Krugman: It’s Sundowning in America - A presidential mind is a dangerous thing to lose
(DBN)

The levers Trump isn’t using
(DBN)

8 ways Trump's (second) first year changed America
(DBN)

Report: Young Trump voters drive a sharp cultural turn
(DBN)

Trump’s attack on democracy is faltering
(DBN)

"We will be ungovernable": Resistance 2.0 pivots to disruption
(DBN)

Trump Taunts Allies With Leaked Texts, Memes, and Trash Talk in Late-Night Greenland BlitzGreenland: the good, the bad or the ugly? EU chief warns there's no going back after Trump's Greenland threats Trump warns there's 'no going back' on Greenland Greenland PM tells island he cannot rule out American attack as officials weigh stockpiling food after Trump threats Scott Bessent ‘not concerned’ by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’ Trump leaks private text messages with world leaders in overnight online posting spree Trump reveals why he shared Macron’s private text message with the world Read Trump’s texts with European leaders over Greenland Trump’s Greenland threats spark outrage and defiance from EU, testing longtime NATO alliances Trump admits 'bad information' led to tariff move against key US allies: reportScott Bessent contradicts Trump as he scrambles to sanitize Norway letterFact-checking Trump's message to Norway’s prime minister Cruz says it is ‘overwhelmingly in America’s national interest’ to acquire Greenland Russia gleeful at Trump-Europe split over Greenland, but also has concernsClaire McCaskill on Greenland: "Americans are going to die in battle, and then what happens?"Former Trump aide on threatening allies over Greenland: ‘Mentally ill, deranged’Gallego on Trump Greenland takeover push: ‘He is a madman’In their words: Trump’s threats over Greenland draw warnings and profanities at global forumThe military is being forced to plan for an unthinkable betrayalMost Americans oppose military action in GreenlandTrump Shares Map of US Including Greenland, Canada, Venezuela ‘You’ll find out,’ Trump says on Greenland takeover strategy5 key points on Trump’s Greenland pushDenmark Would Go To War With US Over Greenland: MP
(DBN)

How Donald Trump turned mockery into a weapon of diplomacyEuropean leaders endure a new level of public embarrassment as Trump dials up the insults
(DBN)

Democratic senator calls for Trump’s removal from office under 25th Amendment
(DBN)

The great Davos divorce: America's allies draw red line with Trump
(DBN)

Trump on Norway denying Nobel Prize control: ‘I don’t care’
(DBN)

Cheney doctor calls for congressional inquiry into president's fitness
(DBN)

Trump’s Mad Magical Thinking
(DBN)

Trump Exhaustion Syndrome
(DBN)

Mounting controversies, midterm fears strain Senate GOP’s relations with Trump
(DBN)

President Trump Will Get a Third Term Even Without Defying the Constitution
(DBN)

X is now tearing MAGA apart: report
(DBN)

Now is the time to admit it, America: He’s a dangerous, lunatic moron
(DBN)

Trump-voting Iowa farmer: Dems may be winning her over
(DBN)

Insurrection Act could be dress rehearsal for interfering in midterms
(DBN)

Kamala in La La LandDems' divide over Harris surfaces as she looks like a 2028 contender
(DBN)

Dems' potential 2028 contenders cautious on trans rights
(DBN)

Congress clinches $1.2T funding deal for DHS, Pentagon, domestic agencies
(DBN)

A very simple explanation for why politics is broken
(DBN)

Greene says Trump’s campaign endorsements ‘solidify the swamp’
(DBN)

Scammers sell fake tickets to billionaires desperate to meet Trump
(DBN)

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Convenience Stores:

5 gas station chains most likely to go bankrupt in 2026
(DBN)

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Climate:

As Brutal Cold Settles In, Forecasters Warn a Major Storm Is Brewing for the South
(DBN)

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Water:

Looming water supply 'bankruptcy' puts billions at risk, UN report warns
(DBN)

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Bicycles:

Rad Power Bikes Warehouse Fire Ignites Amid Bankruptcy and Battery Safety Warnings
(DBN)

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Student Debt:

You have 270 days before defaulting on your federal student loans — here’s how to stop the clock
(DBN)

Trump Administration’s Delay On Student Loan Collections Offers Borrowers Time To Get Current
(DBN)

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  New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Orphans of the storm: the rise of ‘mega bankruptcies’
(DBN)

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Venue:

The Real Effects of Bankruptcy Forum Shopping
(DBN)

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Mass Torts:

Experts can testify about suspected J&J talc products' cancer link, special master recommendsU.S. judge allows experts to testify that talc products cause cancer in J&J cases
(DBN)

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Bankruptcy Alternatives:

ABCs & Unsecured Trade Creditors
(DBN)

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Rule 60:

Supreme Court Backs Timeline to File Void Judgment ChallengeCourt holds there is a time limit on challenging void judgments
(DBN)

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Insurance:

Insurance – Texas Style, Part 2: Stowers Liability and Bankruptcy
(DBN)

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Aviation:

US regional carrier Tailwind Air files for bankruptcy protection
(DBN)

US spending deal provides funding for 2,500 new air traffic controller
(DBN)

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Entertainment:

Netflix amends Warner Bros. Discovery offer to all cash
(DBN)

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Assisted Living:

Genesis Health approved to sell nursing home in $1 billion bankruptcy dealJudge approves sale of Genesis HealthCare assets to bidder 101 West
(DBN)

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Credit Cards:

Citigroup CEO says credit card interest caps would restrict access to credit, hurt economy
(DBN)

US bank stocks fall as investors weigh credit card rate cap deadline
(DBN)

New York Fed Examines Credit Card Interest Rate Caps
(DBN)

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Bankruptcy Crimes:

Man convicted of fraud facing more charges
(DBN)

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Retailing:

GoldenTree to buy about $200 million of Saks Global bankruptcy financing
(DBN)

After Saks’s collapse—a bitter rift with Amazon
(DBN)

After steering Neiman through bankruptcy, CEO asked to do same with Saks Global
(DBN)

The rapid collapse of Saks Global
(DBN)

$136M Chanel debt torches Saks Global after suppliers 'stopped flowing'—17,000 face layoffs
(DBN)

Saks Chapter 11: How it plays out for vendors
(DBN)

GameStop closing about 30 New York stores as nationwide purge mounts due to falling sales
(DBN)

Value City Furniture customers left without refunds after bankruptcy filings
(DBN)

Mall staple ‘closing soon,’ allegedly fires workers after Chapter 11 bankruptcy filingFrancesca's to close all locations nationwide
(DBN)

More than 8,000 US chain stores closed up shop in 2025 — heralding a ‘retail apocalypse’
(DBN)

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Hotels:

Hospitality group with 260 hotels files for Chapter 11 bankruptcyRevo Hospitality Group Files for Insolvency, Shocking Europe’s Hotel Industry
(DBN)

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Fraud:

Mastermind of Minnesota's biggest fraud scheme speaks out
(DBN)

Mass texts and EZ-Pass phishing: $17 billion stolen in crypto scams, largely by the Chinese
(DBN)

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UK:

Willkie Adds Restructuring Partner Marc Hecht In London
(DBN)

Midlands business owners warned to stay vigilant as corporate insolvency levels remain high
(DBN)

Personal insolvencies in England and Wales reach 15-year high in 2025Personal insolvencies increased by 7% in 2025
(DBN)

Business insolvencies increased by 0.2% in 2025Scottish business insolvencies rose by 35% in December 2025Northern Irish business and personal insolvencies rose in 2025
(DBN)

78% surge in businesses facing critical distress
(DBN)

Collapsed broker Argentex leaves creditors on the hook for £113m
(DBN)

Compulsory liquidations hit decade-long high as firms face rising costs
(DBN)

UK inflation rises to 3.4% in December, above forecasts
(DBN)

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EU:

IMF boss has a blunt message for Europe: ‘Get your act together’
(DBN)

Europe cannot be a ‘miserable slave’ to Trump: Belgian PM
(DBN)

Trump says EU won’t ‘push back too much’ as Denmark sends extra troops to Greenland
(DBN)

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Canada:

Details matter: Court of Appeal of Alberta upholds decision that royalty was not an interest in land
(DBN)

Canada's Mark Carney calls on world to adapt to 'rupture' caused by 'great powers'
(DBN)

Military models Canadian response to hypothetical American invasion
(DBN)

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India:

India signs $3 billion LNG agreement with UAE, vows to double trade, as U.S. deal remains elusive
(DBN)

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South Africa:

High Court clarifies creditor rights when a business rescue plan is rejected
(DBN)

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MENA:

‘Rich kids’ of Iran flaunt wealth and incite rage — reportedly ‘partying’ in nightclubs as blood runs in the streets
(DBN)

Iranian soldier sentenced to death for refusing to shoot protesters, human rights group says
(DBN)

UAE, Belarus accept offer to join Trump’s Board of Peace; Norway, UK voice concernsMore than 10 countries have signed on to Trump's "Board of Peace," sources sayBaby dies from cold in Gaza as leaders meet to discuss Trump’s Board of PeaceTrump’s ‘Board of Peace’ invitations bamboozle EU leaders
(DBN)

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China:

China Vanke wins creditor support for bond repayment plan; imminent default risk recedes
(DBN)

China is wielding a new kind of power in the world now
(DBN)

Donald Trump’s adventurism is unsettling China
(DBN)

China says trade deal with U.S. will ‘drain Taiwan’s economy’ for American benefits
(DBN)

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Russia:

Russia knocks out power, heating and water to Ukraine’s freezing capital
(DBN)

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Singapore:

Greenberg Traurig Expands APAC Private Credit and Restructuring Capabilities with Singapore Hire of Former M&G Head of Restructuring Andrew Amos
(DBN)

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Japan:

Japanese bonds hit record high - sending shockwaves through global debt markets
(DBN)

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Australia:

Private schools bankrupting Aussie families at twice the rate of banks as experts warn it is ‘disproportionate’
(DBN)

Momentum Collective collapses owing 400 staff and series of creditors tens of millions of dollars after financial woes
(DBN)

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