July 31, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Appeals court imposes higher sanction on attorney to deter ‘unacceptable’ misuse of AI
(DBN)

Law firm M&A: How law firms are using MSOs to access capital and liquidity
(DBN)

When Winston Met Taylor: US-UK Firm’s Chief Looks to Bridge Gaps
(DBN)

Washington Bar Exam Chaos Leaves Future Legal Careers In Limbo Washington law deans demand diploma privilege after aborted NextGen UBE administration
(DBN)

Bar Exam Troubles Draw Renewed Scrutiny of States, Test Maker
(DBN)

Florida Jury Examines Potential Legal Malpractice by Simpson Thacher in Patriot National Case
(DBN)

Legal Boundaries and Personal Privacy: Wachtell Rescinds Job Offer Over Online Video
(DBN)

The lawyers training AI to do the work they used to hate
(DBN)

AI Security Isn’t In The Price Tag
(DBN)

What Does It Take to Get Big Law Associates Excited About AI?
(DBN)

Defense attorneys urged to cautiously adopt AI to match prosecution
(DBN)

AI Evidence: Blurring The Line Between Reality And Fiction
(DBN)

Jamie McDonald Sworn In as Top Federal Prosecutor on Wall Street
(DBN)

Q2 Report On Legal Tech Advertising Finds Q1’s Buying Surge Was Largely Seasonal, But Reveals Where Demand Is Now Concentrated
(DBN)

Simpson Thacher retains borrower lead as Paul Hastings rises to top bank counsel spot – 1H26 North America Leveraged Loans Legal Advisors’ Rankings
(DBN)

Insurance group seeks to dodge $10M damages award to worker who sued HR company over racial bias
(DBN)

Mo’ money for Lionsgate top lawyer with 64% pay bump
(DBN)

Bryan Garner on the discipline of getting caught
(DBN)

This Attorney Wouldn’t Let The Supreme Court Have The Last Word
(DBN)

Law student charged over alleged bomb interception
(DBN)

Trump floats pulling Blanche’s AG nomination until after GOP holdouts leave officeCornyn Makes It Clear He’s ‘Prepared to Vote No’ On Trump’s AG NomineeCornyn Torches Trump for Claiming Endorsement Snub Drove Him to Oppose BlancheTrump Puts Immunity From Probes Over His Fight for Todd Blanche Faced with Blanche dilemma, Trump chooses revenge Todd Blanche’s Confirmation Vote Gets Postponed Because He Just Won’t Put His Promises In Writing Trump: I’ll Pull Blanche’s Nomination And Resubmit After Cornyn And Tillis Are Gone. Cornyn: Cool, Roll The DiceRepublican Senator Warns Trump Against Delaying AG Nomination
(DBN)

Republicans Reject Amendment to Block Trump Audit Immunity Deal
(DBN)

ICE seeks nearly $500K fine against immigration lawyer accused of filing fake asylum claimsCopy-Paste Asylum Claims? ICE Seeks $725K From 2 AttorneysTrump Targets ‘Birth Tourism’ After Birthright Citizenship Loss
(DBN)

Senate Unanimously Opposes Ghislaine Maxwell Pardon Amid Blanche Vote Drama
(DBN)

Investigation revealed ‘devastating’ reports of sexual misconduct at school supported by Epstein
(DBN)

Elie Honig Shocked at Trump DOJ Recruiting Sammy ‘The Bull’ for Comey Case9 Wildest Accusations Against the DOJ in Comey’s Motions to ’86’ His ’86 47′ IndictmentThe Comey Prosecution Is Dead
(DBN)

Father of school shooter sentenced to 15 years in prison
(DBN)

GOP Congressman Hit With Restraining Order From Ex-Wife’s Lawyers
(DBN)

Man confused neighbor for bear and fired volley of shots in darkness, killing victim: Cops
(DBN)

Teen shot his classmate 'until the gun was empty' because he stole his Beats headphones
(DBN)

Driver tries to run over jogger 3 times after she said good morning to him: Cops
(DBN)

Dad leaves baby to die in scorching hot car after forgetting to take her to daycare: Cops
(DBN)

Mother arrested for skipping hospital appointments for her baby with bone disorder: Cops
(DBN)

Man who killed girlfriend's dad for refusing to pay cover charge at nightclub learns fate
(DBN)

Police: Bride-to-be set church blaze day before planned nuptials
(DBN)

Woman Had Drugs Hidden Everywhere, All At Once, Police Say
(DBN)

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Judges:

M3 Partners Adds Former SDNY Bankruptcy Court Judge Robert D. Drain as Senior Advisor and Head of Fiduciary Services
(DBN)

Trump Rips Into Supreme Court Over ‘Negative’ Rulings: Cost US ‘TRILLIONS!’
(DBN)

Palestinian authorities ask Supreme Court to halt $656M judgment pending appeal
(DBN)

Courts Establish Groundbreaking Standards for AI Use in Litigation, Defining Legal Frameworks
(DBN)

District Court Judges Are Unimpressed By the Fifth Circuit’s “Precedential Stay Order” Stunt
(DBN)

Senate Bill Would Give Judiciary Authority Over Courthouses
(DBN)

Trump's court losses leave taxpayers facing millions in legal fees
(DBN)

Judge James Ho Shakes His Moneymaker At Christian Legal Cabaret
(DBN)

Trump Says He Wants Supreme Court to Revive Suit Against Hillary Clinton Justice Thomas gives Trump a month to raise Hillary Clinton RICO lawsuit from the dead
(DBN)

Founders’ views on church-state relations face new scrutiny as Ten Commandments case heads to SCOTUS
(DBN)

Supreme Court Approval Hits Rock Bottom As Public Confidence Continues To Crater
(DBN)

Justice Kavanaugh: the great concurrer of the Roberts court?
(DBN)

Louisiana Supreme Court Forcibly Recuses Its Own Chief Justice
(DBN)

Trump Immigration Detention Authority Rejected by Appeals CourtTrump Detention Policy Rejected by Another Court, Widening Split
(DBN)

Trump Picks Flex Rising Influence on Largest US Appeals Court
(DBN)

Judge 'surprised' Pete Hegseth's lawyer 'can't give a yes' when asked an 'easy' question
(DBN)

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Wall Street:

Nasdaq futures rise as tech stocks lead sharp Wall Street reboundU.S. stock futures rise following tech recovery rally
(DBN)

Goldman Sachs queried top lawyer Ruemmler on Epstein links as scrutiny mounted
(DBN)

Can Prediction Markets Beat Wall Street Analysts? The Evidence Says Yes
(DBN)

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Fraud:

AI Is Supercharging Investment Fraud Against Seniors, Senators Warn
(DBN)

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Agribusiness:

Creditors Challenge $231 Million Bid for Gebbers Farms' Principal Company
(DBN)

Trump promised a ‘golden age’ for agriculture. Farmers in Iowa say they’re still waiting
(DBN)

Scientists claim farmers could be replaced by robots in new ag revolution
(DBN)

New survey reveals fears of US farm workers amid Trump’s immigration raids
(DBN)

____________

Sports:

LIV Golf planning on filing for bankruptcy to restructure debt burden: reportReport: LIV Golf ‘facing bankruptcy’ as players offered equity in shock ‘LIV Golf 2.0’ plan
(DBN)

UEFA members to boycott FIFA competitions in protest of World Cup private investors planFIFA’s New Private Equity Proposal Rejected by Nearly 100 CountriesFIFA boss on brink of total humiliation as Trump-linked cash grab failing fast Gianni Infantino under mounting pressure as senior adviser quits over World Cup sell-off plan How JPMorgan walked into another football firestormFIFA not ‘selling the World Cup’ in $20bn commercial plan, says adviser
(DBN)

Brescia court declares Brescia Calcio insolvent after 115 years
(DBN)

____________

Food/Beverage:

Ex-Red Lobster Owner Says in Lawsuit Defense That Endless Shrimp Not Its Idea
(DBN)

The restaurant business is changing beyond recognition
(DBN)

Major wine distributor blames lack of drinking for its bankruptcyInside the implosion of RNDC, the bankruptcy tearing a hole in wine and spirits‘As dirty as it goes’: Alcohol investment firm CEO accuses RNDC of collecting retail payments while suppliers went unpaid
(DBN)

Houston Restaurateur Funneled $1.4m to Mother Before Killing Family and Himself Over 'Public Shame,' Lawsuit Claims
(DBN)

Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants
(DBN)

Taco Bell’s plan to win back customers after cyclospora illness outbreak
(DBN)

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Weight Loss:

‘Our spark has gone’: The marriages ruined by Ozempic
(DBN)

_____________

Crypto:

Why 37 million Celsius bankruptcy shares are blocked from an immediate cash-out despite Nasdaq debut
(DBN)

Deep Dive into the Bankruptcy of Poolin: From a $163 Million IOU Crisis to Understanding Why Platform Wallets Are Not Safe
(DBN)

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Economy:

U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly highUS GDP Q2 2026 disappoints at 1.5%: Hidden 3.9% demand surge hands hawks new ammunitionUS GDP growth softens despite strong consumer, investment
(DBN)

Bond Investors’ Inflation Angst Rises on Fed’s Lack of GuidanceWarsh's Wall Street cred takes a hit as investors doubt the Fed chair's inflation-fighting resolveKevin Warsh’s concerning communication styleTrying to make sense of WarshWhat Warsh is (probably) up toWarsh: "We're Sticking With It" ... Until JanuaryWarsh Hints At New Inflation Roadmap, Stoking Investor Angst
(DBN)

The issue CEOs can't afford to ignore
(DBN)

College grads face a global squeeze on entry-level jobs
(DBN)

Measuring Financial Wellness Through Americans’ Rising Debt Burden
(DBN)

What a $15 pint of ice cream says about the economy
(DBN)

Americans’ evaluations of the economy remain negative
(DBN)

America’s startup boom offers hope for the future of work
(DBN)

US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
(DBN)

Commerce Department quietly announces 7 new equity stakes in private companies
(DBN)

Bond yields at 19-year high send Warsh credibility warning
(DBN)

Black Americans’ prospects worse under Trump administration: Urban League
(DBN)

Why economists love burgers
(DBN)

Airports, nursing homes and schools brace for disruption without Haitian workers
(DBN)

Senate GOP close to cutting deal to avoid shutdown
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Average 30-year US mortgage rate rises to highest level in a year at 6.66%
(DBN)

Fannie and Freddie: Single Family Delinquency Rate Mostly Unchanged in June
(DBN)

Fed Researchers Offer a New Homeownership Metric—and It Drops the Rate to 53%
(DBN)

How Much will the Fannie & Freddie Conforming Loan Limit Change for 2027?
(DBN)

WI: Filing Alert: Residential Properties Resources Fund II Chapter 11
(DBN)

Owner of historic ranch near Santa Paula faces lawsuit, bankruptcy
(DBN)

California Homeowners Warned About Foreclosure-Delay Schemes Leaving Strangers on a Home's Title for Years
(DBN)

Mapped: The States With the Most Empty Homes
(DBN)

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Municipalities:

The Cities that Said Yes to Drugs
(DBN)

SCUSD board approves $158.6 million fiscal recovery and insolvency prevention plan
(DBN)

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Oil/Gas:

Middle East Oil Shock Could Hand Upstream Sector a $495 Billion Windfall
(DBN)

BP to cut 700 jobs as it warns on oil ‘oversupply’
(DBN)

Exxon and Chevron profits surge on rising oil prices due to Iran war
(DBN)

____________

Politics:

Tracking approval and key issuesHow views on Trump’s handling of Iran have shifted, according to a new AP-NORC poll2/3 of US adults say Iran war hasn’t been worthwhile; 28% back Trump’s handling of itNew Poll Shows Trump’s Approval Rating Cratering to ‘The Bush Line’
(DBN)

Trump Crypto Tie-Up Fueled Family Windfall, Investor Losses
(DBN)

‘The Boss Wants This Money’: Trump Is Reportedly Demanding Donors, Cos. Pay Up
(DBN)

MAGA mayhem as even Alex Jones calls for Donald Trump to be impeached
(DBN)

Can Vance square his Catholicism with Trump’s Republican Party?
(DBN)

America gripped by election fears as November nears
(DBN)

2 in 3 MAGA voters say they’d support GOP candidate accused of sexual assault: Poll
(DBN)

Trump’s Ballroom Is Racing Ahead. Its Legality Is Still Being Contested.
(DBN)

Generation Z wants significant change in government
(DBN)

Divided Democrats face a moment of truth in Michigan
(DBN)

Poll shows majority of Americans won't consider democratic socialist candidates
(DBN)

Larry Sabato Shifts 14 Races Toward Democrats — Georgia Senate Now ‘Likely D’
(DBN)

Trump’s rift with Thune drives a wedge into the Republican PartyInside Trump's Senate playbook
(DBN)

Trump’s legislative demand falls flat with Senate GOP
(DBN)

Voters favor Democrats by an 8-point margin heading into the midterms
(DBN)

Fox News Poll: Democrat Has 9-Point Lead in Race to Replace Retiring GOP Senator
(DBN)

Trump ‘Exasperated’ as His Top Officials at Odds Over Iran War Strategy: Report
(DBN)

Dr. Fauci’s Fifth Amendment Claim Exposes Giant Hole Opening In Rule Of Law Dr. Deborah Birx: Some States Kept ‘Very Tight’ COVID Restrictions to Hurt TrumpBirx says 'persistent anger' over COVID response evident after Fauci hearing Rand Paul Posts About Fauci Taking a Walk After Insisting He’s Not ‘Obsessed’Bravo’s Andy Cohen Skewers GOP Senators ‘Berating’ Fauci for ‘Imaginary Crimes’Law Prof on CNN Warns Fauci Pleading the Fifth ‘Makes Things Worse’ for HimCarville says ‘we didn’t f------ learn anything’ from Fauci diary entriesFox News legal contributor: Senate will lose Fauci contempt fight‘BLT Sandwich of Fetus Baby Parts!’ House Republican Goes On Bonkers Fauci Rant Dr. Fauci’s Private Diary Says He Frequently Consoled MAGA Mouthpiece Katie Miller During Her COVID-Era Pregnancy
(DBN)

Trump Ignites GOP Backlash With Lindsey Graham’s Sister
(DBN)

Pope Leo Pushes Back After NBC Reporter Asks About ‘Being American’
(DBN)

McConnell Aide Finally Cornered on Why There’s No Video of SenatorGOP Senator Calls Over Capitol Police to Help Him Evade TMZ Reporter Asking About Mitch McConnell
(DBN)

US government map of Africa mislabels every country at global conference
(DBN)

How Donald Trump Silenced the Voice of America
(DBN)

Sanders to Fetterman: ‘John — not going to take your advice’
(DBN)

Right-Wing Media and OnlyFans Are in a Symbiotic Relationship
(DBN)

Texas and Florida Draw Up Terrorism Lists and Take Aim at a Muslim Group
(DBN)

____________

Climate:

As France tames wildfire and lets 84,000 evacuees go home, blazes flare across EuropeFrance and Spain are suffering their biggest wildfires on record
(DBN)

Europe braces for wave of wildfires as prospects rise for ‘overload’
(DBN)

Insurers Are ‘Actively Evaluating’ New Catastrophe Risks as Europe Burns
(DBN)

Nevada wildfire still burning out of control near secretive Area 51
(DBN)

‘Nightmarish’ Wildfire in Crete Kills Two Firefighters as Thousands Evacuate
(DBN)

____________

Private Credit:

Blue Owl’s private credit fundraising falls to slowest pace in three yearsBlue Owl Reports Fundraising Slowdown Amid Credit Pullback
(DBN)

____________

Celebs:

Prince Harry’s Bankruptcy Fears Grow Over Multi-Million Legal Bill — Source
(DBN)

Floyd Mayweather Wins Court Ruling Regarding His Financial Records
(DBN)

"I blew all my money": How did Antonio Brown go from millionaire to bankrupt? Explaining his downfall, legal cases, and more
(DBN)

____________

Nonprofits:

L.A. Zoo nonprofit's bankruptcy case dismissed, boosting city in fight over $50-million endowment
(DBN)

____________

Coal:

Coal back in favor as US plant bidding war highlights rising demand to power AI
(DBN)

____________

Batteries:

Battery Maker Varta's Collapse Draws Crowd of Potential Buyers, Insolvency Manager Says
(DBN)

____________

Tax:

States Are Relying More On Sales Taxes. Here's Why That Matters
(DBN)

How Mamdani's Pied-À-Terre Tax Is Impacting The Middle Class In Surprising Ways
(DBN)

____________

Autos:

The German Auto Industry, Pillar of National Psyche, Is Trembling
(DBN)

____________

New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (12 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Louisiana sees nation’s largest rise in business bankruptcy filings
(DBN)

Personal bankruptcies are up nearly 50% over the past three years, but is that a bad thing? ‘People don’t understand how good a deal it is’
(DBN)

N.J. has sixth-highest bankruptcy filings rate in U.S.; national filings increased 11.4% year over year
(DBN)

Bankruptcy filings are climbing as more Americans face mounting financial pressure
(DBN)

______________

Recharacterization:

When Your Loan Might Not Be a Loan: A Sixth Circuit Concurrence Puts Debt Recharacterization on Notice
(DBN)

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Bankruptcy Strategy:

McDermott secures record-fast Chapter 11 confirmation for BlockFills
(DBN)

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Consolidation:

Substantive Consolidation (Part 5): Consolidating Bankruptcy Debtors With Non-Debtors
(DBN)

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Avoidance Actions:

$33M award for diverting assets before bankruptcy
(DBN)

____________

Aviation:

A Civilian Plane Crashed in New Mexico. Was the Military’s Tech to Blame?
(DBN)

____________

Private Capital:

US regulators cite ‘circular’ risk in investments used by KKR and Apollo
(DBN)

____________

Summer Camps:

Can These Popular Summer Camps Survive a Private Equity Scandal?
(DBN)

____________

Trucking:

Trump announces ‘Freedom Haulers’ initiative
(DBN)

___________

Tech:

AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources sayThe 24-Hour Race to Salvage Situational Awareness’ Souring BetsCitadel buys Situational Awareness equity holdings after steep AI lossesCitadel Snaps Up AI Stocks From Situational Awareness Amid Rout How Leopold Aschenbrenner, the ‘golden child’ of the AI trade, was laid lowKen Griffin’s Situational Awareness
(DBN)

Larry Ellison Bet It All on the A.I. Boom. Will He Be the Face of the A.I. Bubble?
(DBN)

China’s robot army has Trump running scared
(DBN)

Big Tech AI spending spree tops $1tn
(DBN)

AI is getting better at writing. Humans must get better at editingHow to spot AI writing
(DBN)

Meta tanks 9%, continuing record losing streak, while Microsoft jumps 15% as AI trade splits
(DBN)

Elon Musk’s xAI sues Minnesota over its first-in-the-nation law banning ‘nudification’ technology
(DBN)

Trump eyes more AI restrictions following OpenAI’s model going rogue
(DBN)

OpenAI's rogue agent didn't stop at Hugging Face - here's what we know4 More Platforms Besides Hugging Face‘Shut it all down’: The AI nightmare scaring the West
(DBN)

Anthropic's models compromised real-world systems during testingAnthropic’s Claude AI models hack into 3 outside groups during testing
(DBN)

Tim Cook says heavy Siri users may have to pay extra
(DBN)

Most Australian teens still on social media three months after under-16 ban began, study finds
(DBN)

New private school opening, with AI being the teachers
(DBN)

Amazon revenue soars as AI investments pay offAmazon increases AI infrastructure spending to $220bn this year
(DBN)

Microsoft holds the line on AI spending plans
(DBN)

Apple drops 7%, Amazon surges 12% as investors pick AI winners after earnings
(DBN)

SK Hynix, Samsung shares skyrocket to clock best days as AI rally roars back
(DBN)

____________

Telecom:

Hughes Network Systems might file Chapter 11 bankruptcy
(DBN)

FCC: Only Former Business Partners Can Draw on Dish Trust
(DBN)

____________

Healthcare:

Medical Debt as a Predictor of Personal Bankruptcy Under Employer-Based Insurance: A Retrospective Cohort Study of 530,000 Filings
(DBN)

Physician practice bankruptcies on pace for their highest level since 2019
(DBN)

Cerberus, former Steward Health Care private equity owner, settles with creditors
(DBN)

Will cyclospora spike again? Expert warns diarrhea parasite may spread through summerMore cases reported in cyclospora outbreak not linked to lettuce: FDA data
(DBN)

____________

Sovereigns:

Ranked: Countries With the Most Government Debt in 2026
(DBN)

____________

UK:

Unrecognized foreign judgments can found bankruptcy petitions, says Supreme Court
(DBN)

Trading on a failed company’s name? UK High Court clarifies the scope of the exceptions to liability under Section 216
(DBN)

Insolvencies drop but start-up caution remains
(DBN)

Car finance lender enters administration
(DBN)

Eversheds Sutherland raises NQ pay to £120k
(DBN)

From lawyer to plasterer?! Why do so many quit law?
(DBN)

'I'm not even two years qualified, and already hate the job... but the money's too good to walk away'
(DBN)

UK police arrests dozens at protest supporting banned group Palestine Action
(DBN)

____________

EU:

Eurozone inflation hits 2.9%: Which countries saw the biggest increases?
(DBN)

____________

Canada:

Grassroots group claims township, region have financial troubles ahead
(DBN)

____________

MENA:

A shrinking weapons stockpile is testing the Pentagon’s sweeping new strategyThe US commander with a two-week plan to escalate strikes in IranUS and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflictIran war could drag on for monthsIran threatens to ‘punish the aggressor’ after US launches retaliatory strikes
(DBN)

Netanyahu Privately Confronts Vance on His Public Criticisms of Israeli Gov’t
(DBN)

Saudi Arabia prepares sea and possible land offensive against HouthisSaudi Arabia is locked in a dangerous stand-off with the Houthis
(DBN)

Saudi economy shrinks as Middle East conflict takes heavy toll
(DBN)

Trump touts "historic" agreement to disarm Hamas, rebuild GazaTrump says deal reached to disarm Hamas, Israeli support for plan remains uncertainTrump says Hamas disarmament deal reached, but group says Israel must meet conditions
(DBN)

____________

Romania:

Romanian farm insolvencies surge as Ukrainian grain imports and rising costs deepen sector crisis
(DBN)

____________

India:

10 years of IBC — has India fixed its bankruptcy problem?
(DBN)

____________

Spain:

Spain says 49,000 migrants entered Ceuta enclave in one day Spain will send troops to Ceuta to help with border securityAngry locals waving Spanish flags chase migrants down the street after thousands invade enclave - as Army is called inMadrid deploys army as thousands of Moroccans swim to Spanish enclave
(DBN)

____________

Russia:

The number of bankruptcy cases has increased in Ukraine
(DBN)

Donald Trump ‘not sure’ he will let Ukraine build Patriot missiles
(DBN)

Russia targets hundreds of Ukrainian petrol stations
(DBN)

____________

China:

China’s factory activity falls for first time in five months
(DBN)

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