June 1, 2026

The Daily Bankruptcy News

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Law:

Nonequity Partners Entered The Chat, And Skadden’s Promotion Numbers Soared
(DBN)

Surprise! Spring Has Sprung, And So Have The Bonuses
(DBN)

Private Equity Law Firm Sells Back-Office Stake to Investors
(DBN)

Biglaw’s Climate Scorecard Is Out, And The AI Data Center Boom Just Made The Curve Worse
(DBN)

Considerations When Withdrawing As Counsel For Nonpayment Of Fees
(DBN)

Ohio proposes steps to expand law school accreditation beyond ABA
(DBN)

Bondi refuses to answer lawmakers’ questions about Trump’s involvement in Epstein files release
(DBN)

Capitol rioters clamor for payouts from Trump’s new ‘anti-weaponization’ fund despite backlashTrump's $1.77B "anti-weaponization" fund temporarily blocked by federal judgeApplicants for Trump’s $1.8B fund include Proud Boys leader, J6 rioters and George SantosTrump’s ‘anti-weaponization fund’ is stalled, and some allies are urging him to scrap it entirely
(DBN)

Pence: There’s ‘clearly’ been an effort to ‘rewrite’ Jan. 6 history
(DBN)

Lead prosecutor steps away from Comey criminal case
(DBN)

DLA Piper Partner Backs Trump Central Park 5 Defamation CaseTrump glosses over massive detail in Central Park 5 defamation lawsuit
(DBN)

The Minneapolis immigration crackdown ended months ago. For these little kids, trauma remainsDelaney Hall becomes Markwayne Mullin's first test as DHS headDueling protests face off at New Jersey ICE detention center over detainee conditionsN.J. establishes protected zone around ICE facilityEmergency curfew around Delaney Hall enacted by Newark mayor after more violent clashesICE eyes selling mega-warehouses purchased for mass detentionFamily visitation resumes at New Jersey ICE detention center after days of protestsImmigrant detainees sue over 'horrific' conditions at Texas ICE facilityICE Protesters Convicted in a Case That Tested a Trump Strategy
(DBN)

A Breakdown Of The DOJ’s Immigration Departures
(DBN)

Trump Administration Sees Striking Exodus of Legal Talent Trump attempts to explain mass exit of federal lawyers Trump responds to NYT article, says it’s ‘very good’ administration is losing legal talent
(DBN)

US Atty Boutros: If Not Trump Hack, Why Trump Hack Shaped?
(DBN)

What We Know (and Don’t) About the E. Jean Carroll Lawsuits Inquiry
(DBN)

CIA officer accused of stealing gold bars was no low-level agent
(DBN)

Crazed dog owner attempts to dodge arrest after neighbor mauled to death
(DBN)

Texting-and-driving charges dropped against woman without right hand
(DBN)

Husband texted adult children he killed wife with barbell over long-simmering hatred: Cops
(DBN)

'She put on a show': Babysitter helped search for boy she murdered after hiding his body
(DBN)

Man gets relatively light sentence for shooting wife in the head and then killing 2 others
(DBN)

Neighbor's 911 call about knock on his door leads cops to find 3 stabbing victims: Police
(DBN)

Woman faked terminal brain cancer to raise money for trips to Australia: FBI
(DBN)

Inside the Marilyn Monroe grave-robbing business
(DBN)

‘Someone is gonna get killed’: The lucrative underworld of cattle rustling
(DBN)

Officials are warning about teen takeovers: Are they harmless fun or dangerous gatherings?
(DBN)

Driver cut off 19-year-old dad on his way home from work then shot him: Police
(DBN)

North Carolina police officer fired after video captures him repeatedly punching woman during arrest
(DBN)

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Judges:

Trump's name must be removed from Kennedy Center, judge orders Trump’s name won’t be coming off the Kennedy Center just yet, despite court orderTrump Melts Down From Golf Course Over Bombshell Kennedy Center Ruling — Goes After Judge’s WifeFumes over his legal setbacks5 Takeaways From a Kennedy Center Ruling That Angered TrumpTrump Hasn’t Left Much Kennedy Center to Stay Open
(DBN)

Eleanor Ross Is US Judge Reprimanded for Sex in Chambers
(DBN)

Here are the big cases the Supreme Court will decide in June
(DBN)

DOJ seeks recusal of judge from Georgia election case over reported attendance at Fani Willis event
(DBN)

There are no Supreme Court vacancies, but some judges are acting like there might be
(DBN)

Amy Coney Barrett Swatting Incident Tests Whether Anyone Cares About Threats To Judges Who Aren’t On SCOTUS
(DBN)

Judge agrees to review Trump's $1.8 billion 'anti-weaponization' fundTrump’s $1.8bn ‘anti-weaponisation’ fund blocked by judgeTrump ordered to address "grievous allegations" in IRS caseJudge gives Trump even more bad news about 'anti-weaponization fund'Injunction against 'anti-weaponization fund' is just the beginning of Trump's troublesInside the Deal to Drop Trump’s $10 Billion Suit Against the I.R.S.What Congress can and can’t do to rein in Trump’s $1.8 billion payout fund
(DBN)

Brett Kavanaugh just won a surprising victory for racial justice
(DBN)

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Wall Street:

Stock futures rise in overnight trading as June trading begins near record highs
(DBN)

Wall Street bulls bet US stocks rally will defy bubble fears
(DBN)

SpaceX and the ‘enshittification’ of markets
(DBN)

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Layoffs:

Am I lower-value human capital?
(DBN)

Big Tech cut 80,000 jobs and blamed AI — industry experts say CEOs are covering up their mistakes. Who’s right?
(DBN)

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Ride Hailing:

Robotaxis are spreading across the US — and so is the backlash
(DBN)

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Assisted Living:

Filing Alert: Alura Senior Living Chapter 11
(DBN)

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Beauty:

Zombie fillers: the super-rich are plumping themselves up with dead people’s fat
(DBN)

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Media:

ABC Accuses Trump Administration of Threatening Its Broadcast LicensesFCC returns ABC TV licenses to original dates after mixup
(DBN)

FCC Wants Warning Labels for Shows With 'Transgender' Content
(DBN)

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Wind Energy:

It Was Supposed to Be a Lifeline for a Blue-Collar Town. Then Trump Returned.
(DBN)

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Tech:

After the AI binge, companies balk at soaring bills
(DBN)

An AI solution to an 80-year-old problem has shocked mathematicians
(DBN)

AI can't handle the truth
(DBN)

Woman Alarmed When Her Trusted Therapist Starts Recording Her With AI
(DBN)

Our tech overlords are planning for conscious AI to conquer the cosmos. What could go wrong?
(DBN)

UK military looks at allowing lethal strikes without human approval
(DBN)

If Elon Musk merges SpaceX with Tesla he’ll create a $3.4 trillion behemoth—with zero profits
(DBN)

Amazon unveils its AI ambitions in Hollywood, sparking a creator revolt
(DBN)

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Climate:

‘Holding our breath’: Hurricane season is here, and FEMA is shorthanded
(DBN)

US securities regulator seeks to end corporate disclosures on climate risk
(DBN)

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Cruise Lines:

Ritz-Carlton Yacht lenders ease terms to keep luxury cruise line afloat
(DBN)

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Economy:

Beef prices are changing what Americans grill this summerHistoric cattle shortages push US beef prices to record highs
(DBN)

Tomatoes become latest symbol of America’s affordability squeeze
(DBN)

Americans Fall Behind On $1.25 Trillion In Credit Card Debt, Signaling Rising Risk For Issuers And CollectorsCredit Card Delinquencies Are Mounting: A Warning For 2027 LossesCredit card and auto loan delinquencies look like 2008. Housing does not
(DBN)

Kevin Hassett urges Americans to look at whole picture on prices
(DBN)

‘Less Than $200 in Extra Gasoline Cost’: Scott Bessent Attempts to Quiet Economic Fears
(DBN)

Jay Powell warns Federal Reserve is undergoing ‘stress test’Powell says Fed credibility lost if president can fire officialsJerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools
(DBN)

Fed’s Bowman says too soon to judge inflation impact of war
(DBN)

Trump’s ICE blitz cost 668,000 jobs, creating ‘chilling effect’ on US firms
(DBN)

Rock-bottom immigration rates leave mark on U.S. economy
(DBN)

More Americans are aging alone. One woman told us what it’s like.
(DBN)

The end of cheap
(DBN)

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
(DBN)

This viral recruiter says Gen Z isn’t lazy. Corporate America is just mad they’re harder to manipulate
(DBN)

Trump Plans to Appeal Order Allowing All Importers That Paid Struck-Down Tariffs to Seek Refunds
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Freddie Mac House Price Index Increased in April; Up 1.4% Year-over-year
(DBN)

National foreclosure rate hits highest level in six years
(DBN)

Desire for privacy is slowly killing this symbol of the American Dream
(DBN)

Texas Retirees Lose Bid to Leapfrog Lenders in Houston Senior Community Bankruptcy
(DBN)

You can buy a house in the US for well under $300,000 — you just might need to move. Here's where Zillow says affordable starter homes still exist
(DBN)

Filing Alert: Silver Star Properties REIT Chapter 11
(DBN)

Filing Alert: Y&J Michele Way Chapter 11
(DBN)

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Municipalities:

America's 10 fastest-shrinking cities
(DBN)

St. Louis comptroller warns water system near insolvency
(DBN)

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Oil/Gas:

Gas prices are dropping — but they're still high
(DBN)

More than half of shadow fleet oil tankers pose environmental disaster risk
(DBN)

Oil Advances as US-Iran Deal Remains Elusive
(DBN)

How Costco sells such cheap gas
(DBN)

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Crypto:

SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots
(DBN)

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Student Debt:

Student loan borrowing is ‘high stakes’ as new rules take effect on July 1, CFP says. What to know
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Trump’s second term risks stalling on multiple fronts
(DBN)

Krugman: Learning from a Mentally Ill President
(DBN)

Is JD Vance the 2028 Front Runner? Trump Has Questions.
(DBN)

Tina Brown: Trump’s Sweet Vengeance
(DBN)

Trump Purchased UFC Parent Company Stock While Hyping White House Fight Night
(DBN)

Andy Beshear says ‘Texas is in play’ for Democrats after Ken Paxton’s Senate GOP primary winTrump, Texas and the risk of a Pyrrhic victoryNew Texans, Latino doubts about Trump cloud Paxton's Senate bidGOP's anti-woke playbook faces ultimate test in TexasThe Texas Senate candidates have two radically different visions of ChristianityA populist will win the Texas Senate race. The question is, which one?GOP strategist: Trump made a ‘$100M mistake’ backing Paxton
(DBN)

Democrats suddenly have a real shot at flipping the Senate
(DBN)

GOP's anti-"woke" playbook faces ultimate test in Texas
(DBN)

Massive leadership vacuum weakens U.S. diplomacy in the face of global crises
(DBN)

House's top Hispanic Dem is in a fight for his political life
(DBN)

Trump-linked Freedom 250th concert series runs into troubleTrump cancels America's 250th birthday concert as he blasts 'boring, overpriced singers' and compares big event to troubled Kennedy Center MAGA Rally to Take Over America's 250 Th Birthday Trump to hold a rally at the ‘Great America State Fair’ after several artists back outRed, white and Trump: How America’s 250th is drawing controversyA fair meant to unite America is already dividing it
(DBN)

Socialism's next test: Swing states
(DBN)

White House releases Trump's physical results, says he's in 'excellent health' but almost obeseTrump health readout leaves key blanks unfilled
(DBN)

Congress has taken on Epstein. But lawmakers and survivors are still searching for accountability
(DBN)

Jill Biden defends hypocritical Hunter pardon – 'We couldn't let son go to jail'Ex-Biden aides give Jill's new book a frosty review5 key revelations from Jill Biden’s memoir
(DBN)

Mike Johnson faces brutal June as deadlines come due
(DBN)

Rep. Frederica Wilson confirms retirement from Congress
(DBN)

Maine Senate Candidate Graham Platner’s Wife Flagged ‘Sexually Explicit Texts’ He Sent to Other Women: Report
(DBN)

Mike Pence says the Trump administration has ‘departed’ from conservative principlesPence questions Trump’s conservative credentials and ‘hostility to constitutional order’
(DBN)

How Maine’s lobster revolt could cost Trump the Senate
(DBN)

Is Spencer Pratt for Real?
(DBN)

State Dems race to tax payouts from Trump's 'anti-weaponization' fund
(DBN)

The civil-rights veterans watching their victories wiped out
(DBN)

Colorado elections clerk set to be released from prison Monday based on her sentence commutation
(DBN)

Mike Lindell denied MyPillow was hacked. Its private data is now online
(DBN)

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Healthcare:

WHO chief visits epicenter of the Ebola outbreak in eastern Congo as cases outpace responseInside Ebola Epicenter, Virus Rages With Little to Stop ItOver 1,000 Suspected Ebola Cases In DR Congo And UgandaMore than 40 dead in Ebola outbreak in DR Congo and UgandaHow aid cuts are hampering the frontline response to the Ebola crisisKenyan Court Suspends Plans for Ebola Quarantine Unit for AmericansWHO puts Ebola outbreak death rate at ‘huge’ 30-50%
(DBN)

Lack of sleep ‘fueling cancer surge in under 50s’
(DBN)

States balk at the high price of Medicaid work requirements amid budget crunch
(DBN)

Millions of Americans are losing their health insurance
(DBN)

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Radio:

IHeartMedia falls on report that talks with Sirius XM have stalled
(DBN)

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Festivals:

Phoenix Pride files for bankruptcy days before Pride MonthPhoenix Pride says it is fighting for its future with bankruptcy filing
(DBN)

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  New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (63 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

US bankruptcy filings drop for private equity-backed companies in 2025
(DBN)

Bankruptcies rising in much of Connecticut — but down in some parts
(DBN)

Bankruptcies are up, and businesses are choosing to file in Texas
(DBN)

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Plan Confirmation:

First Brands Restructuring Tests Novel Tactic to Shuffle Creditors
(DBN)

QVC, UCC, Supporting Lenders Fire Back at Preferred Shareholders’ ‘Extraordinary’ Motion to Terminate Debtors’ Chapter 11 Exclusivity, Say Alternative ‘Plan’ Would Lead to a ‘Litigation Frenzy’
(DBN)

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D&O:

Consent to Settlement? Insurers May Need to Get It, Too
(DBN)

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Mass Torts:

Miyoshi America: A Prepackaged Section 524(g) Talc Plan Heads to Confirmation
(DBN)

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Corporate Governance:

Delaware Corporate and Commercial Litigation Monitor
(DBN)

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Aviation:

From Reorganization to Wind-Down: Spirit Airlines Moves to Auction Its Remaining Assets
(DBN)

United Airlines flight bound for Minneapolis is diverted because of an unruly passenger
(DBN)

'Russian-speaking man tries to storm cockpit' mid-flight causing urgent landing
(DBN)

Fears of travel chaos flare as Mullin weighs pulling customs officers from Newark airportPunishing airports over immigration would lead to 'so much economic damage,' Sen. Andy Kim says
(DBN)

Trump cleared the skies above Mar-a-Lago. His rich neighbors paid the price
(DBN)

United flight turns around over Atlantic as boy named Bluetooth device 'bomb'
(DBN)

EasyJet draws takeover interest from private credit firm CastlelakeWhy does Castlelake want to buy easyJet?
(DBN)

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Space:

The messy reality of building an empire in space
(DBN)

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Autos:

Mercedes-Benz may be shut out of U.S. market under bill aimed at Chinese automaker ownership
(DBN)

More Monthly Auto Loan Payments Are Above $1,000, And Most Are Not For Luxury Models
(DBN)

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Food/Beverage:

Distressed California Winery Owners Have Ways to Protect Assets
(DBN)

Olive Garden rival Brio closed 92 restaurants, just 38 remain
(DBN)

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Education:

Classrooms lean into analog learning in the AI era
(DBN)

Major Teachers Union Pleads With Elementary Schools to Stop Giving Young Kids AI
(DBN)

Take-No-Prisoners Professor Will Fail Any Student Who Uses AI
(DBN)

California State University Made a Huge Deal With OpenAI and It’s Been a Disaster
(DBN)

Stop blaming immigration for low US reading scores, top psychologist says. The problem is actually devices giving easy access to social media
(DBN)

Ex-head of Des Moines schools sentenced to 2 years in prison for misrepresenting US citizenship
(DBN)

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Plastics:

Case Summary: Trinseo Chapter 11Trinseo’s Prepackaged Reset: Two Collateral Silos, One Holdout
(DBN)

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Solar:

Filing Alert: GoldenPeaks Capital Affiliates Chapter 11
(DBN)

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Sovereigns:

Brokers on the Ground: Chinese Commercial Creditors’ Entry into Africa Sovereign Development Finance
(DBN)

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UK:

One in four young people gamble to pay bills
(DBN)

Bankrupt Frankie Dettori's eye-watering debts as £18m fortune wiped out
(DBN)

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EU:

Europe mandates decline sharply in 1Q26 amid slowdown and reduced debt levels – Europe Restructuring Advisory Mandates Report
(DBN)

Krugman: Europe Versus America: A Response to the Critics
(DBN)

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MENA:

US says it struck a commercial ship trying to breach blockade and reach IranU.S. says it struck Iranian drone and radar sites, as Iran claims attack on air base Trump meets team to decide on Iran dealTrump requests edits to Iran deal his envoys negotiated US-Iran MoU said to reference possible $300B postwar ‘investment fund’ to aid Tehran’s reconstructionBolton slams proposed Iran deal: ‘Big defeat for the United States’Trump is stalling deal talks with ‘excessive demands,’ Iran official saysTrump yet to agree to peace as five US troops injured by Iranian missile debrisTrump will remain ‘patient’ in pursuit of a deal with Iran, says Hegseth Why Iran fears a deal today means more war tomorrowKazakhstan offers to take Iran’s uranium stockpile, watchdog saysThe UAE.’s secret role in the war involved dozens of strikes on Iran
(DBN)

‘To call it a ceasefire is a joke': Israeli soldiers share rare accounts from Gaza with AP
(DBN)

Iran may have used Chinese missile to shoot down U.S. fighter jet, sources say
(DBN)

Erdogan is the real winner of Iran war
(DBN)

Netanyahu vows to expand Israel's grip on Lebanon after deepest incursion in 26 yearsVideo of British PM castigating Israeli counterpart over Lebanon bombing is AI-generated
(DBN)

How Iran’s military harnesses ChatGPT
(DBN)

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Australia:

Creditors’ schemes of arrangement: lessons from Twinza Oil
(DBN)

When will a court discount a receiver’s remuneration?
(DBN)

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Spain:

Spain is legalizing half a million immigrants, a very different policy from the U.S.
(DBN)

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Cuba:

Inside Trump’s secret plan for Cuba invasion with warship armada, 2,500 marines & special ops raid to bundle out Castro
(DBN)

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China:

Satellite images show China is building nuke launch pads and bunkers
(DBN)

China’s private factory gauge slows as economy softens
(DBN)

China’s factory activity beats forecasts in May, private survey shows, despite softer official data
(DBN)

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India:

How IBC helped PSU banks cut down on bad loans in FY26
(DBN)

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Switzerland:

No Veto for Shareholders in Swiss Distressed Pre-Packs
(DBN)

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