July 24, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Kirkland Plans To ‘Play To Win’ In Biglaw’s AI Talent War
(DBN)

AI Blitz Turns Kirkland Real Assets Practice Into a Hot Property
(DBN)

AI Becomes Integral to Legal Operations, Enhancing Efficiency and Strategic Value
(DBN)

AI Revolutionizes Australian Legal Industry: A Shift Away from Billable Hours
(DBN)

Enough Already: Biglaw Needs To Stop Waiting For Cravath
(DBN)

Holland & Knight hit with $1.2B malpractice suitBiglaw Firm Facing $1.2 Billion Malpractice Lawsuit Over The Business Model It Allegedly Built
(DBN)

HSF Kramer Reaches $2.4 Billion Revenue Milestone Post-Merger, Indicating Strategic Success
(DBN)

Florida Virtual School, attorneys ordered by judge to pay $1.3M for ‘abusive’ trademark lawsuit
(DBN)

Bar association helps young lawyers refine business etiquette skills
(DBN)

50 Lessons Every Young Lawyer Should Learn Before Year Five
(DBN)

Law firm employee charged with forgery, theft of over $190K
(DBN)

Republican-controlled committee refers former Trump prosecutor Jack Smith for criminal investigation
(DBN)

Trump's 'privilege' loss to Jack Smith could haunt him all over again
(DBN)

ICE melting under Trump’s expectations, officers sayICE using children as 'bait' to arrest relatives who come forward to claim migrant kids in sheltersTrump border czar says ICE is 'deportation maxxing' in record-breaking monthDHS agent indicted after he allegedly 'accelerated' vehicle to strike walking suspectAppeals court blocks Trump administration from revoking TPS for Haitians until at least Monday
(DBN)

White House Withdraws DOJ Pick Who Faced Questioning Over Past Tweets
(DBN)

Todd Blanche’s Confirmation Strategy: Call Two Senate Judiciary Committee Members Liars
(DBN)

Trump asks court to shield Venezuela leader Delcy Rodríguez from U.S. lawsuit
(DBN)

US prosecutors drop New York Times subpoenas in Trump plane leak probe
(DBN)

Fortuneteller eager for ‘last Pa. witch trial’ after cops threaten arrest over old law
(DBN)

Trump forced to turn over financial records in BBC case
(DBN)

Marco Rubio under pressure as MAGA rallies around sex trafficking suspects: report
(DBN)

Cities where major crimes are rising and falling in the US
(DBN)

Horrifying moment Arizona man bursts into flames immediately after cop tasered him
(DBN)

Nancy Guthrie's first ransom note is revealed in full for the first time
(DBN)

Horrifying bodycam footage shows Connecticut son beating dad to death with baseball bat outside home before cops shoot him
(DBN)

Couple lured neighbor to their yard before beating him in fight over property line: Cops
(DBN)

Grandpa, 87, mowing his church's lawn hit by SUV driver who left him there to die: Police
(DBN)

Dad left toddler to die in sweltering car while he got beers and shots at 'Hanky Panky's'
(DBN)

'Intoxicated' parents set their own house on fire while their 5 kids were inside: Police
(DBN)

Tinder "Sugar Baby" Deal Goes Really Sour
(DBN)

Woman shot 12-year-old over water bottle turf war he was having with her son: Prosecutors
(DBN)

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Judges:

Supreme Court Turbocharges Presidential Power
(DBN)

Kagan says Supreme Court is not a ‘rubber stamp’ for Trump
(DBN)

Chancery Addresses AI Hallucinations in Court Filings
(DBN)

Federal judges allow Tennessee congressional map dividing majority-Black Memphis district
(DBN)

DHS Lawyer Calls Out Judges by Name as Judicial Threats Rise
(DBN)

Appeals court upholds contempt of Congress conviction for Navarro
(DBN)

Judge questions difference between Hegseth’s testosterone policy and transgender care for troops
(DBN)

Judge Who Backed Columbia Clerk Boycott Headed to Appeals Court
(DBN)

Trump executive order illegally directed USPS to 'refuse to transmit mail ballots': Judge
(DBN)

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Wall Street:

Stock futures rise as traders look to recover from oil-driven sell-off
(DBN)

US stocks fall as tech selloff deepens, oil prices hit $100 a barrel'Magnificent 7' stocks erase $797 billion in market value in worst day since April 2025
(DBN)

S&P 500 flashes sell signals - options traders are bracing for wild swings in Apple, Meta and Microsoft
(DBN)

The rising cost of capital for companies today is starting to spook the stock market: 'The worry is the spending might not pay off'
(DBN)

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Layoffs:

Wells Fargo cuts more jobs in West Des Moines, pushing total past 300
(DBN)

Trump's consumer finance watchdog pick pledges 'open mind' on plans to fire most of the agency's workforce
(DBN)

IPIC closing movie theater near Seattle, will lay off 64 workers amid bankruptcy
(DBN)

Pixar lays off Bay Area workers using Mrs. Incredible letterhead
(DBN)

Possible layoffs reported for Southwest Airlines amid rising fuel costs
(DBN)

Uber Lays Off 10 Percent Of Its Customer Service Team In Favor Of Using AI
(DBN)

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Healthcare:

Layoffs coming as financially troubled Kansas hospital tries to ‘stabilize’
(DBN)

Clinic bankruptcies surge as big filings ease
(DBN)

Sidley Austin Faces Conflict Allegations in Genesis Healthcare Bankruptcy Case
(DBN)

Donation of Greenwood Leflore Hospital to UMMC now official
(DBN)

North Star, Rochester Regional Health differ on partnership
(DBN)

‘The Child Is Terrified’: Measles Doctors Speak Out
(DBN)

Southern California suburb alarmed as ‘exceptionally rare’ cancer sickens multiple children
(DBN)

F.D.A. Announces New Cyclosporiasis Outbreak with 72 Cases
(DBN)

New Bill Seeks To Create Public Option On ACA Marketplaces
(DBN)

FDA panel votes to add peptides to permitted compounding list despite opposition from agency scientists
(DBN)

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Electricity:

Massive disconnect of power roils largest US electric grid
(DBN)

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Tech:

Space datacenters proposed by Musk and Bezos ‘catastrophic’ for planet, experts warn
(DBN)

Reality bites Elon Musk and his Tesla, SpaceX believers
(DBN)

Man Sues OpenAI, Saying ChatGPT Almost Killed Him With Horrendously Dangerous Medical Advice
(DBN)

Most corporate boards lack rules for AI use: Deloitte survey
(DBN)

China’s Xi pursues AI diplomacy to woo global south
(DBN)

Alphabet's massive profit growth is 'illusory', as SpaceX and Anthropic help mask a historic cash drain
(DBN)

OpenAI’s New Model Hacked A Website On Its Own… Humans Would Go To Prison For That
(DBN)

AI 'kill switch' bill floated by US House lawmakers
(DBN)

Public Horrified as OpenAI Pushes “Child After Child Into the Grave”
(DBN)

SpaceX Stock Hits All-Time Low of $115
(DBN)

Elon Musk Says Grok Will Generate Its Own Feature-Length Version of “The Odyssey” for People Allergic to Progressive Ideas
(DBN)

AI bet goes awry: Oracle fires 21,000 employees
(DBN)

James Talarico targets Texas data centers in crackdown plan: List of proposals
(DBN)

The EU Fines Google $1 Billion for Prioritizing Its Own Services in Search
(DBN)

China Rewrites the ‘Soft Power’ Playbook for the A.I. Age
(DBN)

IBM CEO: Prices for a lot of infrastructure components have gone way up
(DBN)

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Food/Beverage:

Uncle Nearest saga deepens with new suitUncle Nearest Whiskey's rise and legal collapse
(DBN)

19 million eggs recalled at several supermarkets over possible Salmonella contamination
(DBN)

Another cyclospora outbreak not linked to lettuce under investigation: FDA
(DBN)

Map shows how many children have lost SNAP benefits under new rules
(DBN)

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Economy:

As the cost of aging soars, families' wealth is evaporating
(DBN)

Trump Prepares Yet Another Strategy to Resurrect Global Tariffs Trump’s Tariff Runaround Defies the Courts and Common SenseTrump is poised to launch new tariffs that sidestep Supreme CourtTrump to impose new double-digit tariffs on imports from 60 countriesUS tariff hikes linked to claims of foreign labor dismay and anger trading partners‘Forced labor’ rationale for Trump tariffs met with bewilderment Canada is ready to respond to tariffs, Carney says
(DBN)

Gen Z Fell Out of Love With Work. I Don’t Blame Them.
(DBN)

Krugman: Quagmire of the Vanities - Why the world economy is still at risk from the Iran debacle
(DBN)

Here's how much revenue S&P 500 companies make from overseas
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Treasury market signals that 7% rate on 30-year mortgage could be next
(DBN)

Foreclosures on rise nationwide, data shows
(DBN)

Pending Home Sales Fall to 3-Month Low
(DBN)

NMHC on Apartments: "Tighter Market Conditions" in July Survey
(DBN)

More than 70% of recent home buyers were counting on mortgage rates to drop. Now they're stuck.
(DBN)

Nearly 1 in 3 mortgage borrowers fears foreclosure, JD Power survey warns
(DBN)

“Zombie” second mortgages are back and could put your home at risk
(DBN)

Why fixing the housing crisis for under-40s could trigger 10% Treasury yields
(DBN)

The roommate boom is happening in the suburbs — not in cities
(DBN

Retirees in North Carolina community stiffed with $10K HOA fee and massive price hikes — forcing elderly from their homes
(DBN)

Manhattan poker bro sued by ritzy neighbors after ignoring $87K in fines for turning $4M condo into weed den: suit
(DBN)

DTLA ‘Graffiti Towers’ Get a Facelift
(DBN)

The ‘Yellowstone’ Effect: Why Ranch Prices Have More Than Doubled in 10 Years
(DBN)

Tenant thanks homeowner helping him with rent-free house by stabbing him to death: Cops
(DBN)

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Oil/Gas:

Oil hits $100 a barrel after Iran-backed Houthis ‘strike two tankers’ in Red Sea
(DBN)

Oil hovers near $100 as Trump weighs ‘massive attack’
(DBN)

Here's what each additional month of Iran-conflict disruption means for oil prices
(DBN)

Even as War Rages, Investors Bet Oil Will Be Cheaper in a Few Months
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Trump-Tied Lobbying Firms Are Cashing In
(DBN)

Republicans get bad news in two major midterm polls within 24 hours
(DBN)

Trump’s ‘patience is running out’ with Thune over SAVE Act, Leavitt saysThune responds to Leavitt quip that Trump’s patience with him ‘running out’ over SAVE America Act
(DBN)

Thune says Senate lacks votes for $95 billion budget resolution
(DBN)

GOP senators criticize Trump plan to sell access to Truth Social posts
(DBN)

6 Democrats cross aisle, join GOP to back annual defense policy bill
(DBN)

Nearly 150,000 mail ballots rejected in California’ primary despite efforts to count every vote
(DBN)

Dems Open Up 11-Point Lead on Generic Congressional Ballot
(DBN)

Why Trump Loves Cheats.. and is Losing in Iran
(DBN)

Contractors damage fountain on National Mall in latest blunder
(DBN)

Krugman: Elon Musk, the New Hero of Populism
(DBN)

Four Republicans Join Democrats in Vote to Rebuke Trump on Iran WarHouse votes to restrain Trump on Iran as Senate rejects similar measureSenate GOP blocks measure to end Iran war despite concerns about lack of endgame
(DBN)

Trump Says Images of the Iranian Elementary School His Lackeys Obliterated Could Be “AI Generated”
(DBN)

4 Bonkers Moments From Trump’s Georgia Speech
(DBN)

Markwayne Mullin Already Facing ‘Growing Tensions’ With Trump White House: Report
(DBN)

‘I Can’t Say That Any Longer’: Michael Smerconish Admits He Was Wrong to Dismiss Illegal Immigrant VotingTrump admin seizes on New Jersey admission over noncitizen voter registrationMAGA Fumes After Dem Gov Reveals Non-Citizens Registered to Vote‘Not Gonna Win the War’: Carville Calls on Dems to Pass Universal Voter ID
(DBN)

Vance boots Secret Service agent after his embarrassing diva demands leakPlanned on using Marine Corps helicopter to son's golf lesson
(DBN)

Secret Service has probed 10,000 threats to Trump, other US officials so far this year, director says
(DBN)

Hegseth’s ‘Pentagon Purge’: 2 officers say they were forced out for questioning policies
(DBN)

‘This Country Is in Deep Trouble’: Leon Panetta Sounds Alarm on Iran War
(DBN)

Is Mitch McConnell Alive? Three Questions That Could Finally Force Answers
(DBN)

Harris 2028 White House bid ‘not going to happen’: Former Biden aide
(DBN)

Ken Paxton walks out of press conference, avoids tough questions
(DBN)

‘Charlie Kirk Memorial Highway’ Signs Face Backlash From Vietnam Veterans
(DBN)

Elon Musk says he got ‘carried away’ with TrumpElon Musk: I’m not racist – my partner is half IndianElon Musk Lashes Out in Fiery Interview After He’s Accused of Supporting the ‘Far Right’
(DBN)

Minnesota assassin Vance Boelter who killed Dem Melissa Hortman and her husband gets two life sentences
(DBN)

MAGA supporters react to Sen. Darline Graham Nordone pro abortion claims
(DBN)

Blue states sue over new FEMA grant conditions
(DBN)

Tuberville: Mamdani will do something ‘stupid’ enough to ‘send him to Gitmo’
(DBN)

‘Culture of creepiness’: Republican says she wouldn’t want daughter on Capitol Hill
(DBN)

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Retailing:

Leslie's Pool Supplies faces possible bankruptcy after closing 80 stores nationwide, report says
(DBN)

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Cannabis:

Bankrupt weed company lays off 86 people at Vineland grow sites
(DBN)

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Hedge Funds:

Hedge funds grow at fastest rate in history as AI boom lifts markets
(DBN)

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Furniture:

The list of furniture retail closures just keeps growing
(DBN)

Pricey mattress company backed by Travis Kelce sells assets for $700million amid bankruptcy
(DBN)

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Crypto:

Bitcoin mining pool Poolin files for Chapter 11 bankruptcy in USPlans $52M Assets SaleLegacy Debt and Texas Losses Push Former Mining Giant Poolin into Bankruptcy Liquidation
(DBN)

Senator Lummis says with CLARITY “your crypto stays yours” – but bankruptcy shields have limits
(DBN)

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Religion:

TX: Hill Country religious retreat seeks bankruptcy protection after dispute with archdiocese, debt woes
(DBN)

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Sports:

Billings Mustangs owner counters city proposal, won't sign 'bankruptcy' deal
(DBN)

'Kind of a joke': XRHL collapse leaves Toledo sponsors seeking answers as refunds remain uncertain
(DBN)

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Hotels:

Little-known foreign entity and lender locked in $25M foreclosure of O’Hare hotels
(DBN)

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Tax:

Trump admin IRS audit warning issued by Senate Democrats: Full list
(DBN)

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Coal:

Bankrupt Pike County coal operator sold at auction for a fraction of what it owes
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

LMEs:

Another Failed LME (Cubic Corp.)?
(DBN)

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Mass Torts:

Judge Orders Scrutiny of 70,000 Claims in Johnson & Johnson Talc Litigation
(DBN)

Purdue Pharma’s $1 Billion Bankruptcy Fee Approval Sparks Legal Community Debate
(DBN)

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Mediation:

Should Bankruptcy Judges Mediate Cases Pending Before Them?
(DBN)

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Discharge:

Oklahoma businessman waives bankruptcy discharge after USTP probes hidden assets
(DBN)

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Consolidation:

Substantive Consolidation (Part 4): What About Consolidating Individuals?
(DBN)

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MCA:

Characterization & Treatment of Merchant Cash Advances in Subchapter V
(DBN)

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Aviation:

Delta pilot spooked with false warning of rocket launcher attack while landing at LaGuardia Airport
(DBN)

3 US airports plan to replace TSA agents with private contractors in a bid to reduce disruptions
(DBN)

Preachers are turning planes into their pulpits, "Heeding a biblical command to preach" on flights
(DBN)

____________

Religion:

Sunday Mass to end at seven Catholic churches in northwest Minnesota as priests keep retiring
(DBN)

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Climate:

Should Travelers Give Up on Summer in Western Europe?
(DBN)

It’s So Hot That Japan Needs a New Word for It
(DBN)

At least 50 people killed and 700,000 displaced by India floods after monsoon rains
(DBN)

Wildfires near Madrid and in southwestern France force tens of thousands to evacuate
(DBN)

More than 900 wildfires rage across Canada
(DBN)

The geopolitics of air-conditioning
(DBN)

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Museums:

‘Is Mickey Mouse racist?’: The row engulfing the Smithsonian
(DBN)

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Autos:

Grupo Antolin Filed 36 Cases In A New York Bankruptcy Court This Week. None Of Them Are Actually Bankruptcies
(DBN)

Tesla Stock in Freefall After Disastrous Earnings ReportTesla sees a $214 billion wipeout as investors pan Elon Musk's plan to spend 'as fast as we can'
(DBN)

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Education:

Trump Administration Drops Subpoena Demanding List of Jews From Penn
(DBN)

Universities drop AI detection tools over fears about accuracy
(DBN)

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Water:

CNN anchor stunned by 'ticking time bomb' threatening millions: 'That would be insane'
(DBN)

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Summer Camps:

Flood victims' parents named creditors in Camp Mystic bankruptcy
(DBN)

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Private Credit:

Blackstone says pace of withdrawals slowing at flagship private credit fund
(DBN)

Survey: More Than 8 in 10 Investors View Private Credit as a Key Source of Income and Diversification
(DBN)

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Celebs:

How Arantxa Sanchez Vicario’s $41 million tennis fortune ‘vanished’ as her life fell apart
(DBN)

USA Today fights to unseal records ahead of Shilo Sanders' bankruptcy trialHow Deion Sanders' Son Shilo Ended Up In An $11.8 Million Bankruptcy Fight Over A High School Security Guard
(DBN)

____________

UK:

The UK Stapled Exchange Strategy for Restructuring U.S.-Listed Companies Gains Steam: Southern District of New York Bankruptcy Court Blesses Fossil Strategy and Provides Clarity in New Fortress Energy Chapter 15 Decision
(DBN)

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

MVLs (again) – HMRC issues new Novalpina Guidance
(DBN)

Restructuring and Insolvency (England and Wales) Quickguides
(DBN)

AiB corporate insolvency stats – comment from Gilson Gray
(DBN)

Pogust Goodhead criticized for misleading HSF Kramer, Osborne Clarke and Dentons
(DBN)

UK engineering company plunges into administration after 45 years - all jobs lost
(DBN)

When will Andy Burnham tackle the ‘cost of working’ crisis?
(DBN)

Cost of renting is now 13 times more expensive than it was 1988
(DBN)

Nine in ten people want Government to back small business
(DBN)

PM cuts business rates for pubs, clubs and music venues – industry reaction
(DBN)

____________

EU:

European Central Bank holds interest rates at 2.25% after debating rise
(DBN)

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Canada:

Pleading Ignorance Has a Price: How a Commercial Tenant's Defense Triggered Deemed Waiver of Solicitor-Client Privilege
(DBN)

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MENA:

Trump Weighs ‘Massive Attack’ on Iran: ‘They Haven’t Received Enough Pain Yet’US beefs up military might in Middle East Trump ramps up threats of major operations in IranIran War Expert: 70% Chance US Sends Troops To Iran this WeekExplosions are heard near a US base in northern Iraq as US-Iran fighting escalates
(DBN)

Satellite Images Show Iran Is Rebuilding. Fast.
(DBN)

Trump’s Nuclear Doctrine: Anything Is Possible For A Price
(DBN)

Trump’s dubious nuclear deal with Saudi Arabia Trump says Saudi Arabia nuclear deal ‘totally subject’ to Riyadh joining Abraham Accords, normalizing Israel tiesDonald Trump throws controversial US-Saudi Arabia nuclear pact into doubtTrump adds new Israel hurdle to Saudi nuclear dealOil-Rich Saudi Arabia Isn’t Short on Energy. Here’s Why It Wants to Go Nuclear
(DBN)

Iran ally makes exception for Chinese oil tankers after Red Sea strikesHouthi attacks create tinderbox in Red Sea: What to know
(DBN)

____________

Russia:

Ukrainian F-16 Shot Down Russian Fighter for the First Time
(DBN)

Laura Loomer meets Zelenskyy in Ukraine after her major reversal on the war
(DBN)

For Russians, the war feels closer than ever before
(DBN)

____________

India:

Beyond Resolution: How is the IBC reshaping corporate India?
(DBN)

Insolvency sword hanging over Reliance Power
(DBN)

How guarantor-owned assets can now become part of corporate insolvency resolution
(DBN)

Rethinking Resolution Strategies for India's Real Estate Sector
(DBN)

Modi Caught Off Guard as India’s Economic Failings Inflame Young PeopleModi offers Indian students fresh concessions to head off protestsWhy India’s student protests are differentNarendra Modi’s party discovers the limits of propaganda
(DBN)

____________

South Korea:

Chairman of South Korean tech giant SK ordered to pay $640 million in divorce case
(DBN)

____________

Italy:

The slower the courts are, the fewer companies file for bankruptcy
(DBN)

____________

Australia:

Relief as Christian Brothers back down on abuse redress
(DBN)

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