June 23, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw’s Partner Pay Revolution Has A Losers’ Bracket
(DBN)

Quinn Emanuel Gives Pro Bono Its Own Bonus Credit
(DBN)

'They have nowhere to turn': Law students fight for workplace protections
(DBN)

Leading Restructuring and Liability Management Litigator Michael Schneidereit Joins Gibson Dunn
(DBN)

These Legal Specialties Stay Strong When Markets Fall
(DBN)

Law Firms Adopt AI Tools at Unheard-Of Pace as Enthusiasm Grows
(DBN)

Fighting Hallucinations: How to choose the right AI citation checkers
(DBN)

Attorney Turns In License After Lazy AI Lawyering
(DBN)

If Your AI Agent Sends An Email To A Regulator Tomorrow, Who Is Responsible?
(DBN)

Texas Judge Suggests Non-Lawyer AI ‘Chats’ May Be Protected Attorney Work Product
(DBN)

California State Bar Amends AI Ethics Guidelines After Public Feedback
(DBN)

Law Firms Boost AI Training to Strengthen Data Security and Ethical Standards
(DBN)

Law School Externships Without AI Policy Is Risky for Students
(DBN)

AI Error Nearly Gave Defendant His Constitutional Right To Counsel — Don’t Worry, A Human Judge Fixed That!
(DBN)

AI law firm wins UK court case for first time
(DBN)

Prominent Attorney Reprimanded and Fined in Major Defamation Case, Highlighting Legal Ethics Concerns
(DBN)

Ashurst Revenue Hits £1.152bn Before Perkins Coie Merger
(DBN)

DOJ may be able to release potentially embarrassing Biden audio recordings unless courts step in
(DBN)

Pirro vows to prosecute Reflection Pool vandalsAttempted Trump assassination suspect's complaints about Jeanine Pirro go up in smoke
(DBN)

DOJ's Alarming Arguments in the xAI Case
(DBN)

Nominee for DOJ watchdog says violence on January 6 wasn’t an 'attack' on the Capitol
(DBN)

New arrests in plot targeting UFC event
(DBN)

Attempted Trump assassination suspect's complaints about Jeanine Pirro go up in smoke as judge sees no issue with her friendship with the president
(DBN)

One of the Nancy Guthrie ransom notes apologized for her heartbreaking death: reportNew details about Guthrie ransom note confirm grim claim about her fate
(DBN)

California police using drones to disarm people, make arrests
(DBN)

Father-to-be fires 11 shots through window, killing woman and their unborn child, cops say
(DBN)

Patagonia accuses drag queen Pattie Gonia of trademark violation, risks its reputation
(DBN)

Woman at Target checkout counter strangled by stranger until 'she was almost dead': Cops
(DBN)

Man stuffed 'hostage' teenage girl in his dryer after she tried calling 911: Police
(DBN)

Man goes on work bus stabbing spree at Walmart after getting rejected by woman: Police
(DBN)

Man ran over and killed woman, then tried to use her money to buy McDonald's: DA
(DBN)

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Judges:

Vacancy Announcement - Chief Deputy, U.S. Bankruptcy Court for the Northern District of Alabama
(DBN)

Why Trump has been attacking the Supreme Court, with 3 key rulings ahead
(DBN)

Judges Jockey for Potential Trump Supreme Court Appointment
(DBN)

Federal Judge’s Fitness Journey Is Everyone’s Problem
(DBN)

What the missing center has meant for the Supreme Court
(DBN)

Judges Say Threats to Family Erode Confidence in Judicial System
(DBN)

Trump’s Persecution Of His Political Enemies Takes A Hit
(DBN)

Judge says there's 'no doubt' Trump DOJ's 'risible' subpoenas were 'blatantly unlawful'
(DBN)

Fight over Noem contempt hearing to be reheard by appeals court
(DBN)

Judge dismisses Trump administration lawsuit over LA sanctuary city policy
(DBN)

US Supreme Court restores conviction in 1979 Etan Patz missing-child case
(DBN)

Maryland Doesn’t Have to Give Voter Rolls to DOJ, Judge Says
(DBN)

Some law grads stack judicial clerkships, closing others out of coveted opportunity
(DBN)

Neil Gorsuch and longtime ally split over criticism of Trump cases
(DBN)

Trump heading for Supreme Court defeat on birthright citizenship, top legal experts predict
(DBN)

Trump on course for historic clash with Supreme Court not seen in a century: expert
(DBN)

Federal judge quashes Trump DOJ subpoenas aimed at Minnesota’s Walz, Frey
(DBN)

Federal appeals court blocks CFPB job cuts
(DBN)

Ohio restrictions on kids’ use of social media restored by court
(DBN)

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Wall Street:

Nasdaq futures tumble led by tech stocks
(DBN)

US Tech Stocks Set to Slide as AI Rout Hits Global Peers
(DBN)

Ex-Goldman boss Lloyd Blankfein pinpoints the 3 stock-market sectors he's focused on right now
(DBN)

Hedge fund to pay Avis $650mn in settlement after wild stock swings
(DBN)

A 40% market crash is lurking in the IPO pipeline. SpaceX and OpenAI could trigger it.
(DBN)

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Layoffs:

EV maker Lucid to cut about 18% of US workforce
(DBN)

Americans could get new clue about layoffs under new bill
(DBN)

US appeals court blocks Trump admin from enacting new plans to slash consumer watchdog staff
(DBN)

Simon Johnson: ‘Nobody needs as many white-collar workers as they used to’
(DBN)

Trump's acting director of national intelligence begins firings at agency: Sources
(DBN)

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Tech:

SpaceX investors are losing a colossal amount of moneySpaceX stock falls 15%, pacing for third-straight day of lossesSpaceX sheds $400bn in market value as debut rally hits reverseSpaceX launches debt sale to raise capital, reports $100.8 billion in cashStock slides below its IPO-day closing price
(DBN)

Big Tech leads sell-off in global stocks
(DBN)

Investor assumptions about the AI trade are starting to stretch reality, Goldman Sachs saysThe AI market has become a 'rubber band' - the question now is how far it can stretch, says Goldman strategist
(DBN)

Elon Musk to get a billion shares of SpaceX if he can settle a million humans on Mars
(DBN)

Increasing Number of Companies Report Quantifiable AI Benefits in Q4’25; Certain Industries Face ‘Existential’ Disruption Following SaaScalypse Price Re-Ratings; Financials Services May Be Next
(DBN)

Big Tech has split into two artificial-intelligence camps - but the smart money isn't chasing the next OpenAI
(DBN)

18 kids’ undiagnosable diseases solved by AI: ‘Total game changer’
(DBN)

AI models that can take down governments and business months away, rare Five Eyes statement warns
(DBN)

Desperate AI Startup Now Cleaning Messy Apartments for Free
(DBN)

US House committee reaches bipartisan agreement on youth social media rules
(DBN)

Nvidia debuts AI humanoid software for robotics safetyNvidia says AI's water challenge is largely solved
(DBN)

Data centers become the face of AI backlash
(DBN)

Teachers ban it, employers demand it: New grads face a frustrating AI double standard
(DBN)

Software engineers are facing an 'identity crisis bordering on depression,' Menlo Ventures partner says
(DBN)

Alphabet sees $269 billion market-cap wipeout as investors fear it’s losing the war for AI talent
(DBN)

How much top smartphones could cost if Apple's price hike spreads
(DBN)

DoorDash robot refuses to leave SWAT operation in Arizona
(DBN)

Trump signs executive orders to 'supercharge' quantum computing
(DBN)

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Sports:

'Law-breaking country': Iran soccer federation escalates tensions with US
(DBN)

Donald Trump in World Cup 'crisis mode' as Epstein chants put attendance in doubt
(DBN)

Betting on the World Cup became a ‘bankruptcy level event’ for Nick Wright
(DBN)

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Economy:

Hassett: Warsh 'not asking the White House for advice' on interest ratesWarsh has a chance to enact lasting reform at the FedKevin Warsh is throwing the reaction-function baby out with the dot-plot bathwater
(DBN)

US Workers Lose Buying Power After War Drives Up Prices
(DBN)

Trump touts "best economy ever." What the data shows
(DBN)

Warsh Looks to Greenspan in Designing Approach to Fed Chairmanship The Time When Alan Greenspan Had to Admit He Was Wrong
(DBN)

Trump’s top economic advisor brags that credit card spending is ‘through the roof’ — as US household debt hits new highs
(DBN)

Here's how much money you need to make to be middle-class in every US state
(DBN)

JPMorgan warns of heavy $165B rebalance by global institutions
(DBN)

Rich Americans pay a higher share of taxes than the wealthy in most countries
(DBN)

America’s allies look to declare independence from the US
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Senate to vote on private equity housing banTrump may say he's banning Wall Street from buying homes. Does the bipartisan housing bill actually do that?
(DBN)

The housing market is out of its deep freeze. Where it’s still chilly.
(DBN)

Federal investigators say deadly Surfside building collapse began 3 weeks prior
(DBN)

Remains identified of mother and son found in foreclosed home
(DBN)

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Municipalities:

Experts say Guadalupe needs deep service cuts to survive
(DBN)

____________

Oil/Gas:

U.S. oil prices end below $74 a barrel after 60-day pause on Iranian oil sanctions
(DBN)

Half-Open, Half-Closed Strait of Hormuz Baffles Oil Markets 
(DBN)

Trump ‘jawboning’ has masked a global oil-supply disaster, and the reality could mean $135 crude, says industry veteran
(DBN)

BP, Marathon, 7-Eleven, Walmart sued for allegedly using AI to boost California gas prices
(DBN)

How Many Barrels of Oil Do AI Data Centers Consume on a Daily Basis?
(DBN)

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Agribusiness:

Department of Justice Concludes USDA Farmer Preferences Violate Constitution
(DBN)

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Politics:

Tracking approval and key issuesTrump Approval 30%MAGA base fractures over how Trump ended the Iran war: poll
(DBN)

With Win in Washington, Socialists Have Momentum in Urban America
(DBN)

Former IRS, DOJ Officials Decry Trump’s ‘Collusive’ Tax Deal
(DBN)

Krugman: Will Surrendering to Iran Relieve Trump’s Gas Pains?
(DBN)

Trump’s 250-foot gold arch would tower over the Lincoln Memorial. When asked who it honors, he said: 'Me'
(DBN)

The scale of Trump’s political blunder in Iran is coming into focusTrump's messy path to peaceCNN was right about the war, and I was wrongMost Americans skeptical of Trump’s Iran deal: PollVance Touts Progress in Iran Peace Talks as a Skeptical Congress Raises Concerns
(DBN)

Red state set to lose 51,000 jobs and $5.3 billion — thanks to Trump
(DBN)

Axios-Ipsos poll: Health affordability is shaping the midterms
(DBN)

Democrats are struggling with a growing mess in Maine
(DBN)

Reflecting Pool repairs become personal for TrumpTrump doubles down on Reflecting Pool vandalism claims without providing evidence
(DBN)

Trump’s top Senate ally breaks with president on intelligence chief
(DBN)

‘The president seems to revel in chaos’: Cornyn goes his own way
(DBN)

Musk Suspends X Accounts Criticizing JD Vance
(DBN)

Trump administration plans to use homeland security funds to pressure states into election changes
(DBN)

GOP group comes clean after getting busted meddling in Dem primary elections: report
(DBN)

Woman swarmed by National Guard and US Marshals for dipping hand into reflecting pool
(DBN)

A Muslim Texan sought to find his place in the party at the state GOP convention. He left in tears.
(DBN)

Krugman: How MAGA Undermined the Military
(DBN)

____________

Private Credit:

Private Credit Fears Are Spreading. Here's Why KKR Might Be Built to Handle Them.
(DBN)

Apollo’s flagship private credit fund hit by 17% redemption requests
(DBN)

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Healthcare:

KFF: Insurer Participation In ACA Marketplaces Is Down
(DBN)

Why nearly 72,000 Michiganders are getting their medical debt erased
(DBN)

Kenyan court finds health minister in contempt over US Ebola facilityConfirmed Ebola cases in outbreak zone top 1,000
(DBN)

____________

Environmental:

Justice Department Makes It Easier to Bypass Pollution Controls on Pickups
(DBN)

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Media:

How The Onion Made Alex Jones Cry
(DBN)

ABC Escalates Battle With FCC, Launches On-Air Campaign Urging Public Support
(DBN)

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Distressed Investing:

Canyon’s CIO says more distressed opportunities await
(DBN)

____________

Tax:

The UN’s plan to levy taxes on global trade is a sinister power grab
(DBN)

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Accounting:

KPMG Australia’s chair and senior partners to depart in wake of audit scandal
(DBN)

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Biotech:

Sangamo Therapeutics files for Chapter 11 bankruptcy
(DBN)

____________

Retailing:

4 years after Modell’s bankruptcy, sporting goods store makes retail comeback
(DBN)

Bed Bath & Beyond begins reopening in California with a bonus: Old coupons will be honored
(DBN)

Morning Lavender files for bankruptcy
(DBN)

____________

Electricity:

Danskammer power plant files for bankruptcy as Hudson Valley faces energy shortfall
(DBN)

____________

Celebs:

NBA star, R&B legend make list of California’s top tax cheats as they allegedly owe hundreds of thousands to the state
(DBN)

____________

Rail:

Brightline Considers Bankruptcy Options As Ridership Grows, Debt Load Looms
(DBN)

____________

Credit Reporting:

Court Permits Amendment in FCRA Bankruptcy Reporting Claim
(DBN)

____________

Consumer Protection:

CFPB Adopts New Enforcement Principles
(DBN)

____________

Software:

Private equity’s new vibe check
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Middle East conflict to add over 700 business insolvency cases in US - Allianz
(DBN)

______________

Mass Torts:

AIG Wins Court Ruling Over Walgreens Opioid Coverage Claims
(DBN)

Federal judge sends Bayer's $7.25 billion Roundup settlement back to Missouri state court
(DBN)

____________

Cross-Border:

Provisional relief — Another tool in the Chapter 15 toolbox
(DBN)

S.D.N.Y. recognizes In re ARD Finance as the first Chapter 15 “foreign main proceeding” under Luxembourg’s 2023 restructuring statute
(DBN)

____________

Litigation Finance:

North Carolina Becomes First State in the Nation to Ban Third-Party Litigation Investment
(DBN)

‘Take Care of Maya’ Family Battles Lawyers Over Litigation Loan
(DBN)

____________

Bankruptcy Crimes:

Former Iowa CU Loan Officer Admits to Bankruptcy Fraud, Aggravated ID Theft
(DBN)

____________

Aviation:

What's next for the remains of Spirit Airlines? A deadline is coming soonDelta To Buy Spirit’s Airport Spaces in Atlanta
(DBN)

Air rage thug dies after being overpowered by passengers while threatening to 'break into cockpit'
(DBN)

____________

Student Debt:

Student loan borrowers face tough decisions as new repayment era looms
(DBN)

Can you settle federal student loans for less? What the rules say in 2026
(DBN)

____________

Education:

Defunct college puts campus up for sale
(DBN)

LA schools superintendent resigns after FBI search and months on leave
(DBN)

Only one US state pays teachers an average of 6 figures. See how much teachers make in every state.
(DBN)

____________

Autos:

The Repo Man Coming for Your Ride
(DBN)

Video shows TESLA 'Autopilot' crash into home, killing grandmother
(DBN)

____________

Fraud:

Fugitive architect of massive SC Medicare fraud is nabbed in the Philippines
(DBN)

____________

Summer Camps:

Summer camps have gotten so expensive that NYC parents are sending their kids abroad to save money: ‘It’s crazy’
(DBN)

____________

Autos:

First Brand Examiner Loses Bid for More Funds in Fraud Probe
(DBN)

Beloved Grandmother Was Standing in Her Own House When a Tesla, Allegedly on Autopilot, Smashed Through the Wall and Killed Her in Grandchildren’s Playroom
(DBN)

____________

Food/Beverage:

Operating company of On the Border Mexican Grill files for Chapter 7 liquidationAfter a Year With a New Owner, On The Border Closes Corporate Stores and Files for LiquidationAnother full-service Mexican brand shuts its doors
(DBN)

52-year-old steakhouse chain closes 24 locations in downsizingQuaker Steak & Lube closes 24 locations
(DBN)

Trump official argues Greenland takeover could bring back Red Lobster's endless shrimpTrump Arctic strategy mocked after official claims Greenland invasion logic
(DBN)

More tough data on restaurant sales
(DBN)

Free from bankruptcy, Twin Peaks shifts back to growth mode
(DBN)

____________

Climate:

A red alert over France, and heat that may rewrite the record books
(DBN)

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Sovereigns:

Argentina authorizes up to $5 billion debt from international institutions
(DBN)

____________

UK:

Personal insolvencies jump by 10% in May in England and Wales
(DBN)

British lawyers’ body suspends ICC Prosecutor Khan over misconduct claim
(DBN)

____________

Canada:

Canada’s May inflation accelerates to 3.2%, outpacing expectations
(DBN)

Montreal shooting leaves 1 police officer dead, 2 people wounded in heavily Jewish neighborhood
(DBN)

____________

Belgium:

Fewer bankruptcies in May, except in Flanders
(DBN)

____________

MENA:

US authorizes Iranian oil sales amid talks on final peace dealUS waives Iran oil sanctions for two months Iran Says $12 Billion to Be Unfrozen Ahead of Rubio’s Gulf TourFormer Trump defense secretary admits he has 'serious questions and concerns' about Iran dealHundreds of ships wait outside Gulf for full opening of Hormuz Strait Conflicting US-Iran advice on Hormuz leaves shipowners adrift Inside the insurance racket Iran wants to run in the Strait of Hormuz — and how it will devastate Western shipping JD Vance fires back after Iran's 'trash talk' and threat to walk out of talks after Trump's warningThe Obvious Midsummer Twist In The Negotiations With Iran Sen. Lindsey Graham predicts Iran peace talks will fail — and Trump will take Strait of HormuzVance says Iran agrees to nuke inspections -- same, as Obama deal that Trump threw outIran Disagrees with Vance: No Agreement on Nuclear Inspectors Iran has arrested more than 3,000 citizens for ‘collaborating with the enemy’ during warIran Reports More Than 3,500 War Deaths
(DBN)

Can Netanyahu survive Trump’s Iran deal?Netanyahu: Israel Stands by Its “Security Zone” in Southern Lebanon
(DBN)

Attacks in Gaza resume - talks with Hamas planned
(DBN)

Mossad ramps up plans to topple Islamic regime
(DBN)

Gazans flee scorching tents for a polluted sea
(DBN)

Iran to allow UN nuclear inspectors back in, Vance says
(DBN)

____________

Russia:

Russia has allocated $38 billion to extend Putin's life
(DBN)

Russia withdraws air defenses from front line to protect Moscow
(DBN)

____________

Italy:

Report reveals what started Trump's feud with Italian pal: 'She doesn't see this as petty'
(DBN)

____________

Cuba:

Cuba’s Fuel Crisis Brings Schools to a Standstill
(DBN)

____________

South Korea:

Court demands Homeplus's 200 billion won plan or bankruptcy
(DBN)

____________

Australia:

Recent appeal case considers DOCA release of long-tail payment rights
(DBN)

____________

India:

Defective Appeals, Extinguished Rights: Supreme Court's New Limitation Doctrine Under IBC
(DBN)

Personal guarantors find fewer escape routes under corporate insolvency
(DBN)

The Insolvency and Bankruptcy Code 2026: Major Implications for Lenders & Investors
(DBN)

____________

Austria:

How René Benko wanted to keep his assets safe
(DBN)

____________

Spain:

Individuals monopolize 90% of bankruptcy proceedings in Girona
(DBN)

____________

China:

China's weird new economic spark: toy elves and robocops
(DBN)

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