July 1, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Elite Boutiques Continue To Leave Biglaw In The Dust: Another Milbank Match Is Here
(DBN)

Litigation Boutiques Aren’t The Only Ones Getting In On The Summer Bonus Action
(DBN)

Rakhee Patel Joins Troutman Pepper Locke’s Bankruptcy and Restructuring Practice in Dallas
(DBN)

Hogan Lovells Cadwalader Debuts With Goal to Shake Up NY Market
(DBN)

Judge admonishes former personal injury partners known as ‘Avocados at Law’
(DBN)

Ex-Clifford Chance Lawyers Fight Firm Over $5.8 Million in Pay
(DBN)

District attorney plans to resign after pleading guilty to conspiracy
(DBN)

At 3rd Circuit, Judges Press ROSS and Thomson Reuters on Fair Use, AI Training and Market Harm
(DBN)

Those ‘WL’ Citations Are An Open Invitation To AI Hallucinations
(DBN)

‘Adventures In Legal Tech’: An Apt Analogy For Lawyer AI Use
(DBN)

Nun arrested by ICE as she walked to Mass in Texas is releasedResident warned by officers after criticizing ICE
(DBN)

White Collar Defense Lawyer: “It is general knowledge in our practice that for $2 million, you can have a pardon”
(DBN)

Lawyer sues DOJ for more than $30M over dropped fraud charges
(DBN)

Senator Whitehouse Would Like To Tell You Exactly What He Thinks Of Todd Blanche
(DBN)

Man who played Star Wars music at National Guard members receives settlement
(DBN)

Kirk parents and widow to attend key hearing for man accused of his killing
(DBN)

New Mexico governor demands federal reparations after accusing DEA of fueling state’s fentanyl crisis
(DBN)

Blake Lively Seeks $8 Million in Legal Fees in Dispute With Justin Baldoni
(DBN)

FBI determines Nancy Guthrie ransom notes were fake: reportNancy Guthrie Sheriff Defends Arresting YouTubers Outside Missing Matriarch’s Home: ‘Have Some Respect’
(DBN)

Trying to Keep Track of Mangione’s State Case? It May Not Be Easy.
(DBN)

Alleged Epstein victim and Trump accuser living in fear of retaliation, relative says
(DBN)

E. Jean Carroll attorneys say 'time for him to pay' after SCOTUS rejects Trump appeal
(DBN)

Baby boomer divorce is booming
(DBN)

Capital Punishment Is on the Decline. Except in Ron DeSantis’s Florida.
(DBN)

Reinstated professor sues California university, alleging retaliation over pro-Palestinian protests
(DBN)

Man tied to wheelchair with plastic bags, left outside to die in 105-degree heat: Police
(DBN)

Horror 911 call reveals hiker’s final moments after being mauled by alligator as boyfriend screams ‘both arms are off’
(DBN)

Woman doesn't let oxygen tank stop her from trying to kill her husband, police say
(DBN)

Man found smoking on porch after stabbing roommate because victim woke him up, cops say
(DBN)

Human remains discovered inside school chimney: Police
(DBN)

Woman fires gun indoors and sets curtains on fire 'to make a point': Police
(DBN)

Toddler found dead inside hot car after dad forgot to drop him off at daycare
(DBN)

Kids describe how dad said 'good morning' before shooting them, killing 1 and injuring 2
(DBN)

Mom put 1-year-old in bathtub, then went outside for 30 minutes to scroll TikTok: Police
(DBN)

Cops: Woman denied owning cocaine that fell out of her butt
(DBN)

Woman asked sister to fix sink before stabbing her in the back with 12-inch knife: Police
(DBN)

Long Island music teacher rapes, strangles sister-in-law he lusted over for years with wife out of town: prosecutors
(DBN)

North Carolina mail carrier kidnapped and killed while on her route, authorities say
(DBN)

USA murder rate approaches record low
(DBN)

______________

Judges:

When Bankruptcy Courts Give Deference to Matrimonial Proceedings
(DBN)

Supreme Court upholds birthright citizenship, rejecting Trump’s proposed limitsSupreme Court rejects Trump’s attempt to limit birthright citizenshipCan Trump Still End Birthright Citizenship? What Options Are LeftChief justice makes quick work of Trump's attempt to end birthright citizenshipJackson, Thomas Offer Dueling History of Birthright CitizenshipTrump's own Supreme Court pick branded 'DEI hire' by furious MAGA base after birthright citizenship rulingVance argues there is a ‘big silver lining’ in Supreme Court’s ‘preposterous ruling’ in birthright citizenship caseThe divided Supreme Court’s birthright citizenship decision exposes sharp rifts among justicesSupreme Court reminds America (and Trump) what citizenship is
(DBN)

Takeaways from Supreme Court term: Trump’s power is enhanced, but he lost some high-profile cases
(DBN)

US Supreme Court checks Donald Trump’s power even as it bolsters presidency
(DBN)

Krugman: The Roberts Supreme Court delivers another blow against Americans and for Donald Trump
(DBN)

Supreme Court Slaughters FTC, Lets Federal Reserve Cook
(DBN)

Kagan castigates Kavanaugh in high court feud over political party spending
(DBN)

The Supreme Court Celebrates America’s Birthday By Defending The Constitution
(DBN)

Supreme Court strikes down long-standing campaign finance restrictions
(DBN)

SCOTUS Geofence Warrant Case Puts Police Search Process on Life Support
(DBN)

Expanded Presidential Firing Power Destabilizes Regulatory State
(DBN)

A False Pretense of Judicial Modesty
(DBN)

The Ultimate Triumph of The Unitary Executive
(DBN)

'Pretty good burn': Justice Jackson dismantles Clarence Thomas' double-speak dissent
(DBN)

Trump-Appointed Supreme Court Justice Expresses Concern Over Political Weaponization of FCC, FTC
(DBN)

Supreme Court upholds transgender bans in girls’ and women’s sportsTrump celebrates ruling against transgender athlete: 'ridiculous situation off the table'
(DBN)

NPR retracts story reporting Justice Alito is retiring from Supreme CourtSupreme Court Justices Alito and Thomas not planning to retire this year, sources sayBut insiders suspect he might exit Supreme Court in coming weeks
(DBN)

Judge Orders Trump to End Efforts to Kill Hudson Tunnel Funding
(DBN)

Second Circuit Judge Sarah Merriam Disciplined Again, This Time for Creating A ‘Tense And Challenging’ Work Environment
(DBN)

Supreme Court Justice’s Unusual Place In History
(DBN)

Judge bars government from threatening to pull permits over '8647' flags
(DBN)

More than 100 retired California judges defend judiciary, rule of law in new ‘Wall of Justice’ video
(DBN)

______________

Wall Street:

Dow futures hit reverse after strongest first half in five years
(DBN)

US stocks chalk up biggest quarterly gain in six years
(DBN)

Susquehanna seeks to identify $100M insider trading profits tied to China crackdown
(DBN)

Wall Street’s $60tn nepo baby boom
(DBN)

______________

Layoffs:

The AI jobs debate just got messier
(DBN)

Yellow Corp. escapes WARN Act payouts
(DBN)

97,006 Jobs Cut in a Month as Amazon, Meta, and Groupon Join 2026 Layoff Wave
(DBN)

West Suburban hospital sends permanent layoff notices to about 500 furloughed employees
(DBN)

B Braun subsidiary to close Lehigh Valley facility, laying off more than 170
(DBN)

______________

Student Debt:

Judges strike down Trump administration’s overhaul of student loan forgiveness program
(DBN)

Nursing and Other Graduate Students Get Higher Loan Limits
(DBN)

Judges strike down Trump's restrictions on loan forgiveness for public servants
(DBN)

____________

Horse Racing:

Judge grants Hawthorne additional time before auction
(DBN)

Getzler Henrich Advises Hawthorne Race Course in Chapter 11 Restructuring and Sale Process
(DBN)

____________

Religion:

Pope begs breakaway traditionalist group to back off bishop consecrationsPope Leo’s Showdown With the Church’s Radical RightPope Leo faces first major crisis of papacy from rebel Catholic groupDefying Pope Leo XIV and risking schism, traditionalists go ahead with Latin Mass consecrationsWhat to know about the Catholics defying Pope Leo
(DBN)

____________

Financial Literacy:

How to talk about money with your kids
(DBN)

____________

Water:

EPA Faces Backlash Over Drinking Water Monitoring Plan
(DBN)

____________

Personal Finance:

Only a fraction of eligible kids are signed up for 'Trump accounts.' All told, they could be missing out on billions of dollars in wealth.
(DBN)

Experian Data Finds Travel Plans Take Off Despite Costs, Many Willing to Take on Debt
(DBN)

____________

Weight Loss:

Millions of Americans can get Medicare to cover GLP-1s for weight loss starting this week. Here's how much it costs.
(DBN)

____________

Private Credit:

The Private Credit Boom Faces a Real Test. What It Means for Ares Capital.
(DBN)

____________

Yachts:

Italian Sea Group to seek court protection as turnaround talks falter
(DBN)

___________

Economy:

Consumer confidence ticks up as gas prices fall but Americans remain gloomy about the economy
(DBN)

Americans Are Falling Behind On Credit Card Payments At The Highest Rate Since The 2008 Financial Crisis
(DBN)

Stocks Fall, Dollar Climbs as Focus Turns to Warsh
(DBN)

Gold set for worst quarterly loss in 13 years
(DBN)

Consumer spending rises as inflation speeds up to three-year high
(DBN)

Supreme Court Victory for Fed Still Leaves It Vulnerable to Trump
(DBN)

Job openings stayed at a surprisingly strong 7.6 million in May; U.S. labor market proves resilient
(DBN)

World Now Has 3,302 Billionaires and They're Getting Richer
(DBN)

Tariff refunds could quietly supercharge corporate earnings
(DBN)

US, Canada, Mexico begin bumpy negotiations to renew North American trade pactTrump souring on USMCA triggers review of $2 trillion trade deal
(DBN)

Allies learn how to bully America
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

Case-Shiller: National House Price Index Up 0.8% year-over-year in April
(DBN)

Freddie Mac House Price Index Increased in May; Up 1.9% Year-over-year
(DBN)

Downtown L.A. World Trade Center to become affordable apartments
(DBN)

Donald Trump’s ‘Unimportant’ Housing Bill Claims Assessed
(DBN)

NYC's rent freeze is finally becoming a reality. Here are 3 things renters should know.
(DBN)

Southfield Park Giant Gets Snagged in British Tycoon Bankruptcy MessHow a Michigan real estate company got tangled up with a billionaire Brit who went bankrupt
(DBN)

______________

Oil/Gas:

Trump takes his inflation battle to gas retailers after his plot against the Fed runs aground—sets target for $2.50 a gallonTrump Tells Gasoline Retailers to Cut Prices Immediately
(DBN)

Oil set for quarterly drop as Morgan Stanley warns of glut risks
(DBN)

Plummeting Gas Prices Could Bring New Economic Headaches
(DBN)

Oil prices wobble as breakdown in U.S.-Iran talks casts doubt over peace process
(DBN)

US fossil fuel power spending to beat China for the first time in decades
(DBN)

____________

Retailing:

Major department store closing more locations in 2026 as mall foot traffic fadesJCPenney closes more locations, 119 face uncertain fate
(DBN)

____________

Television:

EchoStar's Dish DBS, wireless units file for prepackaged bankruptcySatellite TV provider Dish DBS files for bankruptcy following AT&T deal snagDish files for bankruptcy, but not shutting down
(DBN)

____________

Politics:

Tracking approval and key issues
(DBN)

Trump’s annual financial disclosure shows more than $580M in crypto-related incomeTrump filing shows he took in about $1.2 billion from crypto businesses last yearPowered largely by meme coins Net Worth Triples in Second Term$80 Million Suing MediaTrump discloses expanding financial empire, including Apple stock, celebration coins and crypto
(DBN)

How Trump’s ‘big, beautiful bill’ changed America
(DBN)

Republican infighting spills into all-out WAR as personal insults fly - and all of Trump's priorities grind to a halt
(DBN)

House GOP deadlocks over Trump’s demands, sending lawmakers home early
(DBN)

Trump takes new Qatari jet for test flight to celebrate America 250
(DBN)

Spy chiefs in revolt over Trump demand for master list of every secret agent - fearing a catastrophic risk
(DBN)

New Trump book, ‘Regime Change,’ has sold 300,000 copies, with more being printed, publisher says
(DBN)

Hunter Biden-style sleaze is just as slimy when the Trump boys do itTrump, Lutnick’s sons stand to gain big profits from billion-dollar deal: report
(DBN)

Trump is using a $500M no-bid contract to build his White House ballroom
(DBN)

Trump begins construction of unannounced White House helipad
(DBN)

Everything Going Wrong at Trump’s Great American State FairTrump’s Great American State Fair is a sad state of affairsVideo: Few gather for concert
(DBN)

Democratic socialists hope to build on NYC wins in Colorado primaryColorado Democrats choose between insurgent progressives and veteran incumbentsA 29-year-old democratic socialist takes on Colorado’s most senior member of CongressDemocratic socialist Melat Kiros unseats Rep. Diana DeGette in Colorado House primarySen. John Hickenlooper fends off progressive challenger in Colorado Democratic Senate primary
(DBN)

A Tied Senate Race Gives Democrats a Shot in Deep Red Texas, Poll FindsTexas Is a Tossup. The Times/Siena Poll Points to How It Got There.
(DBN)

Why most Black Americans say they never fly the American flag, according to a new AP-NORC poll
(DBN)

Pete Hegseth and Marco Rubio stayed on Signal chats, records show, despite Trump warning
(DBN)

Tom Kean Says Depression Led to Long Absence From Congress
(DBN)

Congress considers sidestepping filibuster to pass Trump’s voting restrictions
(DBN)

Republican's 'thinly veiled call' to 'kill' progressives triggers calls for ouster
(DBN)

Harvard professor with polarizing alien theories is picked to lead new White House UFO council
(DBN)

____________

Climate:

New York Is About to Feel Hotter Than Phoenix
(DBN)

Trump's energy secretary says global warming is 'no big deal.' Meanwhile, a heat emergency is striking the U.S.
(DBN)

Hospitals in Europe gear up for the next heat wave
(DBN)

Satellite Images Show Scale and Speed of Antarctic Glacier Melting
(DBN)

Record sea temperatures in June push world into ‘uncharted’ waters
(DBN)

____________

Summer Camps:

“They loved debt”: How the Shabselses’ play to leverage a half-billion-dollar summer camp empire spiraled into bankruptcy
(DBN)

Camp Mystic Seeks Bankruptcy to Settle Texas Flood Wrongful Death ClaimsCamp Mystic files for bankruptcy after report says tragedy that killed 28 people was avoidable
(DBN)

____________

Museums:

With New Seizures, Value of the Met’s Looted Artifacts Tops $95 Million
(DBN)

____________

Healthcare:

'The ice is cracking around our feet': Inside a Chicago hospital's fight to stay open
(DBN)

Alabama hospital delays closure amid BCBS Alabama discussions
(DBN)

Jackson Hospital attorney confirms it will not close on July 1
(DBN)

The real crisis behind hospital closures — and the model that can fix it
(DBN)

Mississippi judge orders state Medicaid officials to pay hospital $2.4 million, keep it open through July
(DBN)

Gov. Healey Proposes Ban On Reporting Medical Debt To Credit Agencies
(DBN)

Paralyzed at 7, she fought for the life she wanted. Medicaid cuts threaten to take it away.
(DBN)

Rare tick-borne virus turns deadly fast as US cases reach record high: experts
(DBN)

Good news, bad news for rural surgical care
(DBN)

CDC raises Ebola response to highest level: 6 updates
(DBN)

ACA sees 3M+ enrollee drop: 5 notes
(DBN)

____________

Food/Beverage:

When a Popeyes Franchise Empire Went Bankrupt, Five Savvy Buyers Picked Up 97 Restaurants for a Steal
(DBN)

Nearly 20 more Popeyes to close in Florida in franchisee bankruptcy
(DBN)

Restaurants now adding a ‘venue fee’ to customers’ bills as more sneak in dubious surcharges
(DBN)

Arkansas defies court ruling with new SNAP ban on candy and soda
(DBN)

The rise and fall of America’s all-you-can-eat buffet
(DBN)

Court-Appointed Receiver Declares Uncle Nearest Is Broke
(DBN)

Popeyes Franchisee Bankruptcy Triggers Southern Closures
(DBN)

Pancakes R Us files Chapter 11 bankruptcy
(DBN)

Record beef imports are flooding the U.S. - so why is your Fourth of July BBQ so expensive?
(DBN)

Egg producers settle US claims they manipulated benchmark prices
(DBN)

____________

Crypto:

Dutch Prosecutors Seek to Bankrupt Crypto Platform Knaken After Funds Frozen
(DBN)

Estonian Crypto Exchange Coinmetro Declares Bankruptcy
(DBN)

____________

Utilities:

Board offers $3B settlement to restructure Puerto Rico power company debt
(DBN)

____________

Celebs:

How Nicolas Cage went broke: the dinosaur skull, the castles, and the $14 million hole
(DBN)

____________

Corporate Governance:

Semi-Annual Review of Key Delaware Corporate and Commercial Decisions
(DBN)

____________

Agribusiness:

Arkansas led country in farm bankruptcies in 2025
(DBN)

____________

New Bankruptcy Opinions
(11 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 (4 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Small businesses are folding under tariff pressure
(DBN)

______________

Mass Torts:

Bankruptcy v. Multidistrict Litigation for Mass Torts
(DBN)

Over 500 survivors to receive $300M in San Francisco Archdiocese child abuse settlementThe bankruptcy bargain
(DBN)

____________

Jurisdiction:

Stern v. Marshall’s Four-Justice Dissent: Too Bad It Failed To Prevail! (Part 5)
(DBN)

____________

Exemptions:

Georgia’s New $50,000 Homestead Exemption (And Why It’s Really Worth More)
(DBN)

____________

Litigation:

Securities Lawsuit Filings Up in Year’s First Half
(DBN)

____________

Intercreditor:

Creditor-On-Creditor Violence
(DBN)

Trinseo fight with excluded lenders escalates
(DBN)

____________

Discharge:

Bankrupt Burlington restaurant owner accused of hiding assets
(DBN)

____________

Bankruptcy Rules:

Chief Justice Roberts Appoints Partner Catherine Steege to Judicial Conference Advisory Committee on Bankruptcy Rules
(DBN)

____________

Aviation:

Air Mountain declared bankrupt by Switzerland court
(DBN)

Delta Air Lines reaches a deal to take over Spirit Airlines' gates in Atlanta
(DBN)

Jet Airways staff to get full provident fund, pension dues in setback for SBINCLAT upholds full PF & gratuity dues for Jet Airways staffers
(DBN)

U.S. airline stocks are soaring as cheaper jet fuel and insatiable demand set up a summer boom
(DBN)

AI and crypto wealth driving private jet boom, says Flexjet
(DBN)

Planes leaving half full in EU border chaos, says industry
(DBN)

____________

Media:

’60 Minutes’ Shakeup: Bari Weiss Hit as Another Top Staffer Quits
(DBN)

____________

Prediction Markets:

Grim New Prediction Market Lets Gamblers Bet on Raging Wildfires
(DBN)

Michigan court orders temporary halt to Kalshi’s operations in the state
(DBN)

____________

Education:

Bankruptcy administrator has concerns about where St. Augustine's case is headedSaint Augustine's has bankruptcy hearing 2 months after filing, no final order from judge
(DBN)

California’s failed admissions experiment has run its course
(DBN)

____________

Fraud:

Director Carl Rinsch is sentenced to prison in $11M fraud case over unfinished Netflix show
(DBN)

Four days to make victims fall in love: How global scammers use US tech to fleece people
(DBN)

Takeaways from AP/'Frontline’ investigation into how US tech is abused for global scamsTwo victims on opposite sides of the global scam industry seek to rebuild their livesAmericans are inundated with suspected scams. New polling shows why few victims report them
(DBN)

Tens of thousands of immigrants were scammed by attorney, lawsuits cite
(DBN)

Healthcare billing fraud: 10 recent cases
(DBN)

‘State sanctioned’ Russian mob ran $1B Medicare scam out of NY, compromised 1M medical records, feds charge
(DBN)

____________

Tech:

The One Very Simple Reason A.I. Won’t Steal All Our Jobs
(DBN)

Anthropic Hires Economist Who Says 33 Percent Chance of Human Extinction Is Acceptable
(DBN)

At the heart of Anthropic’s clashes with the US government, a decision not to play by the new rules of Trump’s Washington
(DBN)

Anthropic wins reversal from Trump administration, brings Claude Fable 5 back to global users
(DBN)

Tech CEOs want AI rules — it may be too late
(DBN)

Donald Trump’s AI regime is opaque, unpredictable—and unsustainable
(DBN)

Employers who laid off workers citing AI are already starting to regret it
(DBN)

Madonna Issues Explosive Take on AI
(DBN)

What AI Will Do to Art
(DBN)

'Kill switches' could be needed for AI-powered trading
(DBN)

An AI data center suing for Colorado River water highlights a bigger question: Who should get the West's water?
(DBN)

AI firm tied to bankrupt crypto lender files for Nasdaq listing
(DBN)

____________

UK:

NatWest sued for £250mn by firm linked to Thurrock council scandal
(DBN)

Mortgage approvals hit new low
(DBN)

Almost 14 million are years away from recovery from the cost of living crisis
(DBN)

Nine in ten small businesses say cost of living is threat to growth
(DBN)

Business confidence drops as operating conditions worsen
(DBN)

UK economy grew by 0.6% in first quarter of 2026
(DBN)

Nigel Farage’s pay from gold dealer doubles to £22,500 an hour
(DBN)

____________

Canada:

Court approves data transfer agreement in insolvency matter with aerospace engineering company
(DBN)

____________

MENA:

US envoys arrive in Qatar for meetings on Iran, with tensions high over HormuzThe current issues raising questions in US and Iran negotiationsWitkoff and Kushner in Doha to Meet Mediators, But No High-Level Talks Set With Iran, Says QatarTrump and Iranian Officials Make Conflicting Remarks About Next Steps in Talks After Days of HostilitiesShip runs aground in Strait of Hormuz, Iranian state TV reports
(DBN)

After U.S.-Iran War, Oman Said to Propose Hormuz Fee Plan
(DBN)

The 1968 Pact on Shipping Routes in the Strait of Hormuz That Iran Is Rejecting
(DBN)

Inside the fraught Israel-Lebanon accord that critics say was built to fail
(DBN)

Hamas hardens disarmament stance after talks with Trump adviser: reports
(DBN)

Iran Plans to Seize Protestant Church
(DBN)

9 children killed as tricycle plunges into a canal in Egypt
(DBN)

____________

Venezuela:

Aid workers warn of infectious diseases, overwhelmed hospitals after Venezuela quakesWhy the True Death Toll of Venezuela’s Quakes Is So Hard to KnowU.S military deploys over 900 personnel to Venezuela for earthquake responseInside Venezuela’s faltering quake rescue effort
(DBN)

____________

Russia:

Russian satellite communications center hit, Ukraine says, as drones target Moscow
(DBN)

As war stalls, Putin concedes he never cut a deal with Trump in Alaska
(DBN)

Ukraine argues it can legally attack Russia’s shadow fleet
(DBN)

____________

Spain:

Spain triggers largest migrant amnesty in European history
(DBN)

____________

South Africa:

Migrants in South Africa face deadline as activists demand they leave
(DBN)

____________

Germany:

Traditional German cannery Halko collapses into insolvency; 150 employees unpaid since May. Works council accuses management, as regional insolvencies rise.
(DBN)

The Decline of Germany
(DBN)

____________

China:

Xi casts China’s Communist Party as a global force as it marks 105th anniversary
(DBN)

World Bank to phase out China lending
(DBN)

____________

South Korea:

South Korean court backs JTBC restructuring talks
(DBN)

____________

India:

A Statutory Gap in the Personal Guarantor Insolvency Framework under The Insolvency and Bankruptcy Code, 2016 - Part II
(DBN)

Can employees get full PF and gratuity even if company shuts down or goes bankrupt? NCLAT’s big ruling in Jet Airways case
(DBN)

____________

Jamaica:

Struggling small businesses urged to use Gov’t’s insolvency regime
(DBN)

____________

Greece:

A million vintage loans slow Greece's economic recovery
(DBN)

____________


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