July 17, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw Learns The Hard Way That Those Trump Deals Weren’t Exactly A Get-Out-Of-Jail-Free CardTrump Big Law Subpoenas Reopen Wounds for Firms That Made DealsDOJ Says Big Law Subpoenas Protect Privacy of Trump Legal Advice
(DBN)

Waiting On Cravath: Biglaw’s Salary Silence Is Getting Ridiculous
(DBN)

K&L Gates Reduces Workforce by 10% in Strategic Restructuring Amid Industry Shifts
(DBN)

Biglaw Summer Associate Recruiting Has Officially Become Ridiculous
(DBN)

A&O Shearman Reports Flat Revenue in Second Post-Merger YearA&O Shearman hands partners £2.2mn as profits return to pre-merger levels
(DBN)

Stop Acting Like A Squirrel With Your Legal Business Development
(DBN)

The Deloitte Legal Report: Trouble For Ostriches
(DBN)

In-House Lawyers Are The Biggest AI Users
(DBN)

AI Hallucinations Come to the Eastern District of North Carolina
(DBN)

The One About Passing AI Costs Through To Clients
(DBN)

Delaware Law Firm Faces Court Scrutiny Over AI-Generated Brief Errors
(DBN)

Ex-Directors Sue Goulston & Storrs Over Alleged Retaliatory Pay Cuts
(DBN)

California Supreme Court approves adoption of NextGen Uniform Bar Exam
(DBN)

Lone Star State sees rise in complaints of non-lawyers practicing without a license
(DBN)

Kathryn Ruemmler’s Epstein Testimony Is ‘Classic Gaslighting’ According To Legal Scholars
(DBN)

Linklaters unknowingly awards training contract to leader's child
(DBN)

Yes, Even Celebrities Have To Pay Their Attorneys
(DBN)

Texas Sees 50 Percent More Reports of Legal Work by Non-Lawyers
(DBN)

Trump admin fires new Seattle US attorney Roger Rogoff minutes after his swearing-in
(DBN)

How a fuming Trump reversed ICE's pause on vehicle stops DHS chief faces crisis moment amid mounting arrests, fatal shootingsA Texas Immigrant Detention Center Is a 'Human Rights Disaster,' Civil Rights Groups Say in ReportICE Keeps Shooting People. Here's a Way Congress Can Rein It InShe Came to the U.S. at 4 Months Old. She Had To Self-Deport—Because She Came Here Legally.Trump deportation push rewires U.S. policing, ACLU saysTrump administration revives rule that could deny green cards to immigrants who use public benefitsTrump considering charging $100k for green cards The use of force has become a 'default tool' for ICE officers, a new report findsICE says all its offices will have body cams in 60 days
(DBN)

Trump Fires U.S. Attorney After 54 Minutes, Replaces Him With Fake ProsecutorTrump scoffs at court's appointment authority, instantly fires top prosecutorFiring of top prosecutor in Seattle tests limits of Trump’s power
(DBN)

Nobody Even Expects DOJ to Be Independent Anymore
(DBN)

Thom Tillis tells Todd Blanche to meet with Epstein victims — or don't expect his supportU.S. Attorney General Nominee Engages with Epstein Survivors, Meeting Key Condition for Confirmation Todd Blanche Confirmation in Doubt as Republican Vows to Hold Up Process 'Absolutely false': Blanche's most 'devious' comment during fiery hearing stuns expertTakeaways from Todd Blanche's confirmation hearing for attorney general
(DBN)

New York Times files motion to quash subpoenas
(DBN)

Fired FBI employee asks federal judge to turn up heat on Kash Patel in discovery
(DBN)

Trump says Hegseth wanted him to pardon soldiers who 'killed a lot'
(DBN)

US will focus counterterrorism efforts on left-wing groups, Rubio says
(DBN)

Florida woman allegedly stabs friend with scissors in Uber after he told her she couldn’t drink a beer during ride
(DBN)

Woman being kicked out by boyfriend plunged knife into him, claimed she 'poked' him: Cops
(DBN)

Man was trapped in porta-potty tank for eight hours after trying to retrieve Mountain Dew
(DBN)

Man livestreamed the aftermath of the murder he committed on Facebook: Police
(DBN)

Mom left her 3 babies alone for over 24 hours to go 'shopping for her birthday,' cops say
(DBN)

NFL employee injured in Park Avenue mass shooting sues NYC for $24M over failure to stop gunman
(DBN)

Teens' wild text before 'killing 5 & cutting off thumb in plot to be together'
(DBN)

Missing multimillionaire ID’d as body found in shallow grave 45 years ago
(DBN)

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Judges:

Judge regrets ‘entitled little snot’ comment but still fit for the bench, lawyer says
(DBN)

Barrett, Kagan Are the Spokeswomen the Supreme Court Needs NowReactions to Kagan and Barrett’s congressional testimony
(DBN)

No, Congress Can't Just Overrule the Supreme Court on Birthright Citizenship
(DBN)

The public’s view of the Supreme Court
(DBN)

Tough Talk: Chief judge’s blunt approach ruffles feathers and commands respect
(DBN)

Judge who freed Cuban plane hijacker dies suddenly days after controversial ruling
(DBN)

Police cannot trick people into waiving their right to an attorney, Michigan court says
(DBN)

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Wall Street:

Nasdaq futures fall 2% as global chip sell-off continues
(DBN)

Global tech stocks fall as AI trade goes into reverse
(DBN)

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Layoffs:

Layoff Alert: K&L Gates Announces Significant Cuts
(DBN)

US wireless carrier Verizon to sell 274 stores, lay off another 500 corporate employees
(DBN)

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Food/Beverage:

Hardee’s Franchisee Files for Bankruptcy After Closing Some Stores, Citing Alleged Seller ‘Omissions’
(DBN)

Candy Sense files for Chapter 11 bankruptcy
(DBN)

How Uncle Nearest's meteoric rise came to ousted founders
(DBN)

Evidence Grows That Taco Bell Infected Massive Number of Customers With Explosive Diarrhea
(DBN)

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Education:

Anna Maria College appears in bankruptcy court as the campus faces an October auction
(DBN)

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Climate:

Dangerous wildfire smoke continues with air quality alerts in at least 17 statesWildfire smoke will worsen in the Northeast and Mid-Atlantic through Friday
(DBN)

More than 75 people rescued, 1 killed as rain deluges areas of Texas
(DBN)

What living in one of world’s hottest towns feels like
(DBN)

Puerto Ricans face water rationing as drought worsens
(DBN)

Wildfires burn record area in France as Europe’s risk intensifies
(DBN)

GOP senator to introduce bill to sanction Canada over wildfire smoke
(DBN)

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Healthcare:

Jefferson, Nemours, Temple, and St. Chris are exploring alliance to support the North Philadelphia children’s hospital
(DBN)

Health Care Workers Furious as NYC Replaces Nurses With AI
(DBN)

Second rare cancer strain emerges as Southern California cluster grows
(DBN)

The biggest schools training America’s doctors are in the Caribbean
(DBN)

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Media:

How “The Onion” Is Helping Sandy Hook Families and Building ‘Adult Swim “SNL”’ on the Ashes of Alex Jones’ “Infowars ”(Exclusive)
(DBN)

Trump vote-fraud speech traps TV networks
(DBN)

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Ride Hailing:

Robotaxis Are Turning Passengers Into Horrible and Entitled Menaces to Society
(DBN)

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Culture:

A dismal glimpse into the future: Scientists give their chilling predictions for life in the 2100s
(DBN)

Digital bureaucracy has become ‘The Tangle’
(DBN)

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Non-Profits:

Social Development Commission considers bankruptcy pathways as it deals with debt
(DBN)

Dozens of horses moved from bankrupt Julian Animal Sanctuary
(DBN)

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Tires:

A Two-Bay Tuffy in Indiana Just Went Bankrupt. Wall Street’s Biggest Tire Chain Almost Joined It.
(DBN)

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Debt Collection:

Debt Collection Lawsuits Continue To Flood State And Local Courts
(DBN)

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Economy:

US weekly unemployment claims fall to 208,000Labor market remains stable
(DBN)

Two-thirds of Americans find groceries unaffordable, poll finds
(DBN)

Americans keep spending while grumbling about the economy
(DBN)

Lisa Cook says she is prepared to act if they don't see signs of disinflation soon
(DBN)

Treasury yields fall as traders react to encouraging inflation data
(DBN)

Spending won't crack, despite dreadful consumer sentiment
(DBN)

Krugman: The billionaire backlash has finally arrived. But is it too late?
(DBN)

AI buildout creates employment bottlenecks
(DBN)

Lower gasoline prices hold back US retail sales, underlying momentum remains
(DBN)

Trump administration races the clock to rebuild US tariff wall knocked down by Supreme CourtUS slaps Brazil with 25% tariffs, and dozens of other countries are in the crosshairs
(DBN)

Americans say they need $1.2 million to retire. Most are too deep in debt to get there.
(DBN)

The US added 441,000 millionaires last year, while the typical American got 20% poorer
(DBN)

The hidden consequences of permanent daylight saving time Why standard time is better for your health than daylight saving time
(DBN)

States with the Most People in Financial DistressCalifornia Among Nation’s Most Financially Distressed States, New Study FindsTexas dips on ranking of America's most financially distressed states
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Foreclosures Surged 21% In The First Half Of 2026
(DBN)

US homebuilder sentiment slips again to match year's low
(DBN)

NAHB Housing Market Index and Single Family Starts
(DBN)

Short Sales Are Rising as Underwater Homeowners Try To Dodge Foreclosure
(DBN)

Florida daughter says HOA is trying to force her out of 55-plus community after inheriting home from dad
(DBN)

Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year
(DBN)

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Municipalities:

LA County officials say LAUSD is at risk of insolvency. Now what?
(DBN)

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Oil/Gas:

Prices Already Spiking at Trump's Gas Stations That Promised Cheap Fuel
(DBN)

IEA Predicts First Decrease in Global Oil Demand Since 2020
(DBN)

US drivers likely to see $4/gal gasoline prices within days, GasBuddy analyst says
(DBN)

Oil companies are making billions. In the U.S., calls to tax their windfall are growing
(DBN)

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Pipes:

Integrated Utility Services Acquires Paragon Industries Out Of Bankruptcy
(DBN)

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Politics:

Tracking approval and key issuesTrump approval stuck in the 30s amid pessimism on Iran and economy, poll finds
(DBN)

The Most Corrupt Presidency in American History, by the Numbers
(DBN)

Five takeaways from Trump’s big elections speechFact-checking Trump's address on China, 2020 electionDemocrats call ‘bull—-‘ on Trump’s election interference claimsTrump rails against China in new 2020 election claims disputed by criticsNBC, ABC, CNN don’t carry Trump speech on networks
(DBN)

Trump earned billions last year. Some Pennsylvania swing voters say they don't care
(DBN)

House GOP’s $95B budget reconciliation proposal hits Senate buzzsaw House GOP floats reconciliation 4.0 amid disappointment at 3.0 plan
(DBN)

Trump promoted companies on Truth Social days after buying their stocks
(DBN)

Tillis goes scorched-earth on SAVE America Act, threatening to stall it
(DBN)

Rubio gathers countries on left-wing political violence as it becomes a Trump focus in elections
(DBN)

The mystery money powering Trump’s second term
(DBN)

Tillis shouts at Vought, tired of picking up ‘DOGE s--- because people did it wrong’
(DBN)

Officials asked to turn over phones at the White House as Wiles, Patel lead intensifying leak probeTrump FBI targets Secret Service agents in expanding Qatari jet leak probe: reportInvestigators Seek Information From Government Officials as Part of Air Force One Leak Investigation
(DBN)

‘Scared s–tless’: Republicans brace for Trump’s primetime speechTrump brings his election obsession to primetime at the White House
(DBN)

A Trump-backed Arizona candidate faces tough House primary after sex scandals
(DBN)

Fetterman threatens to abandon Democrats52 percent of Pennsylvania voters would like to see Fetterman leave Democratic Party: Poll
(DBN)

DNC officers asked to sign NDAs amid financial woes
(DBN)

Vance pitch does little to quell House GOP angst over reconciliation 3.0
(DBN)

GOP Senate candidate has close ties to White nationalist influencer, his son-in-law
(DBN)

Hegseth Plans to Screen All Troops, Including Women, for Low Testosterone Hegseth touts a high-testosterone military, as doctors question his claims
(DBN)

The Odyssey lays bare the stupidity of MAGA’s uproar
(DBN)

Reflecting pool peeling likely caused by application flaws, experts say
(DBN)

Paxton Expands Real Estate Portfolio Amid Senate Run and Divorce
(DBN)

Trump Media to sell high-speed access to president’s social media posts
(DBN)

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Crypto:

Senate goes 100-0 against SBF pardon after courts reject his final appeals
(DBN)

Dutch Crypto Platform Knaken Declared Bankrupt With €7M User Funds Missing
(DBN)

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Accounting:

AI to Boost Accounting While Worsening Midsize Firms’ Best Pitch
(DBN)

PwC and partner fined more than £3mn over Babcock audit failings
(DBN)

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Celebs:

Judge's new bankruptcy rulings put Shilo Sanders' $11.89 million debt on the lineJudge Partly Denies Deion Sanders’ Son’s Bid to Limit Evidence in $11.8M Bankruptcy Case
(DBN)

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Private Credit:

Marsh Survey Reveals That Insurers’ Private Credit Appetite Continues to Grow, but Discipline Remains Paramount
(DBN)

Banks Quietly Power Private Credit’s CRE Lending Surge
(DBN)

Why investors pay premiums for some private credit lenders — and deep discounts for others
(DBN)

AI disruption is redrawing the private credit playbook
(DBN)

Should private credit be public?
(DBN)

____________

Autos:

Will Lucid file for bankruptcy in 2026? Crypto prediction market raises the odds despite EV maker's denialLucid just soared 29% after calling bankruptcy rumors "completely false." Here's what its balance sheet actually shows
(DBN)

Deadly Tesla crash: Driver had accelerator on 100%Fed probe suggests Tesla’s self-driving feature wasn’t to blame in crash that killed a grandmother
(DBN)

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Student Debt:

Trump officials pitch new solution to student debt problem
(DBN)

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Fraud:

Alleged victims in Leo Govoni case still worried they won’t get money back as he has status hearing
(DBN)

$9M Check Fraud Lands Bankrupt Quogue Bus Boss Behind Bars, Feds Say
(DBN)

Inside the Chinese fraud rings stealing billions from banks and retailers
(DBN)

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Pharma:

TrumpRx promised a supermarket for cheaper drugs but delivered a boutique
(DBN)

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Summer Camps:

David Zaslav seeks to buy Camp Mohawk for $68M
(DBN)

More than 2 dozen Jewish camps head to auction after Shabsels declare bankruptcy
(DBN)

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Hotels:

105-year-old historic hotel by national park files for Chapter 11 bankruptcy
(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 (4 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

More young people are filing for bankruptcy, lawyers say. Here's why.
(DBN)

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D&O:

When D&O Advancement Becomes a Blank Check
(DBN)

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Mass Torts:

'Stunning Turn of Events': Johnson & Johnson Asks Judge to Order Potential Dismissal of All 67,000 Talc Lawsuits
(DBN)

Johnson & Johnson Seeks Dismissal of 67,000 Talcum Powder Lawsuits Following Withdrawal of Key Expert Witnesses
(DBN)

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Consolidation:

Substantive Consolidation (Part 3): Protecting Creditors Of A Consolidated-But-Solvent Debtor
(DBN)

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Cross-Border:

US Bankruptcy Court Draws Guardrails as UK Plans Gain Traction
(DBN)

U.S. Bankruptcy Court Enforces New Fortress Energy’s UK Restructuring Plans, but Warns Against Abusive “COMI Tourism”
(DBN)

US and UK Chart New Courses in Cross-Border Insolvency: Emerging Legal Frameworks Reshape International Bankruptcy Strategy
(DBN)

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Aviation:

War against Iran pushes weaker European airlines to brink of bankruptcy
(DBN)

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Prediction Markets:

White House teleprompter operator made more than $100K betting on Trump's speeches: Sources
(DBN)

Kalshi is trying to turn flight cancellations into trades
(DBN)

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Entertainment:

Warner Bros. Discovery Faces Mass Layoffs, 10 Cable TV Networks Shutting Down, and Bankruptcy If Its Merger With Paramount Fails
(DBN)

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Solar:

Why a cash trapdoor is pulling clean energy developers into bankruptcy
(DBN)

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Tech:

Sixteen Nobel-Winning Economists Warn That Major AI Job Losses Are Coming
(DBN)

CEOs are being left baffled at the high cost of moving to AI
(DBN)

US chip and memory stocks slide in fresh bout of Wall Street tumult
(DBN)

AI isn’t destroying entry-level jobs. It’s changing them
(DBN)

SoftBank CEO Says You’re Too Stupid to Understand What’s Going on If You Believe the AI Bubble Is Real
(DBN)

The AI backlash has tech executives fearing for their livesAI Executives Add Personal SecurityTerrified Tech Execs Are Traveling With Armed Bodyguards as AI Backlash Grows
(DBN)

SpaceX Investors Are Lamenting All the Money They’ve Lost SpaceX selloff an ominous sign as lockup expiry loomsSpaceX's Starship is set for takeoff - and its floundering stock could use the liftSpaceX Starship launch aborted when engines fail to start just before takeoff SpaceX falls further in premarket after Starship test flight aborted Short Sellers Are Having a Field Day Betting Against SpaceX as Shares Continue to Slip
(DBN)

Elon Musk’s AI Startup Is a Complete Disaster Behind the Scenes
(DBN)

xAI Sues User to Combat Illegal Content
(DBN)

Alphabet’s stock falls as Gemini delays suggest Google is struggling to keep up in the AI race
(DBN)

Americans are angry about data centers. Politicians are feeling the pressure
(DBN)

Trump praises "cash cow" data centers as his neighbors reject major project
(DBN)

The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
(DBN)

AI godfathers converge on regulations
(DBN)

The AI boom tests the limits of growth
(DBN)

OpenAI Strikes Bold Deal With Kalshi to Mix Together the Most Hated Technologies in Existence: AI and Prediction Markets
(DBN)

The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
(DBN)

TSMC to invest another $100 billion in US as Q2 profit blows past forecasts
(DBN)

Who pays for AI?
(DBN)

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Retailing:

QVC Group nears bankruptcy exit with approved restructuring plan
(DBN)

Retail sales edge up, restrained by falling gasoline prices
(DBN)

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UK:

Monthly Insolvency Statistics June 2026 Showing A Fall
(DBN)

Listed law firm Gateley plans sweeping redundancies and office closures to reverse fortunes
(DBN)

Diversity champion lawyer suspended for plotting gangland hit
(DBN)

Saddleback administration: Millions in dividends, pennies for creditors
(DBN)

Barrister accused of £2mn tax evasion faces retrial after case collapses
(DBN)

CPS apologizes for cases hallucinated by AI
(DBN)

IMF warns Andy Burnham he cannot afford to boost public spending
(DBN)

The great British corporate sell-off
(DBN)

UK firms face rising late payment, supply chain and debt write-off risks
(DBN)

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EU:

The Weil European Distress Index
(DBN)

European restructuring & LME law firm league tables Q2 26
(DBN)

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Canada:

Quebec court upholds $10-million settlement despite SSENSE's undisclosed insolvency
(DBN)

Canada made trade concessions. Trump’s trade team says it’s still not enough.
(DBN)

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MENA:

Iran Used Ad Tracking To Hunt American Soldiers: Report
(DBN)

Trump has declared the Strait of Hormuz open. The facts say otherwise.US military disables first tanker in Arabian Sea since blockade was reimposedUS forces hit ‘military logistics infrastructure,’ other targets in latest Iran strikesUS expands Iran strikes, hitting airport, bridges and communications towerUS escalates attacks on Iran as it expands range of targetsWhy Iran is returning to warHow far will Iran go for the Strait of Hormuz?Iran says civilian infrastructure hit by latest U.S. strikes, expands attacks to Syria, Bahrain
(DBN)

Chevron and Iraq seek to bypass Strait of Hormuz with Syria pipelineOil pipelines around Hormuz won’t end the threat Iran poses to Middle East crude exports
(DBN)

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Cuba:

Senior defense officials looking at Cuba military options
(DBN)

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China:

China has become more popular than U.S. in much of world, survey finds
(DBN)

Trump has tried to decouple from China, but ending US reliance on the country would cost America nearly $14 trillion, EY warns
(DBN)

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Luxembourg:

Murder attempt victim was insolvency lawyer, Diekirch bar association confirms
(DBN)

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Russia:

Russia’s Elite Are Moving Billions Beyond Putin’s Wartime Grasp
(DBN)

CIA reveals how long Russian soldiers survive on battlefield
(DBN)

Russian strikes threaten Ukraine’s Black Sea grain trade
(DBN)

Russia is losing its grip on Crimea
(DBN)

____________

India:

Banks can't sell back seized assets to defaulters: RBI
(DBN)

Sumant Batra on India's Insolvency Ecosystem, IBC Reforms & Future of Insolvency Law
(DBN)

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Brazil:

Creditors challenge GPA’s restructuring plan, claiming conflict of interest
(DBN)

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