June 25, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Why Are Boutiques So Much Quicker To Raise Associates’ Salaries Than Biglaw?
(DBN)

Winston’s Texas Two-Step: More Than A Dozen Lone Star Partners Have Headed For The Exits
(DBN)

Law firms loved diversity, until it became a liability
(DBN)

How AI is Transforming the Legal Industry: Insights from Big Law and Corporate Counsel
(DBN)

AI Flight Simulators Will Replace Grunt Work in Lawyer Training
(DBN)

Law Firm Tech Budgets Drive the Build Versus Buy AI Debate
(DBN)

Retired Biglaw Partner Becomes Miami’s World Cup ‘Consigliere’
(DBN)

Being a New Associate Is Tougher Than 1L—Here’s How to Thrive
(DBN)

Federal officials plan to offload some warehouses purchased for immigrant detentionLetitia James sues Trump admin for letting ICE commit 'atrocities' while wearing masks
(DBN)

Bill Gates said Epstein tried to use knowledge of his affairs "to pressure me"
(DBN)

Epstein associate Ghislaine Maxwell says new evidence undermines conviction; US prosecutors disagree
(DBN)

Todd Blanche Disgrace Train Rolls On
(DBN)

American Bar Association, Trump near discovery showdown over 'dangerous' executive orders
(DBN)

A Trump-linked firm is lobbying for pardons. Its first client already paid $500,000.
(DBN)

Jan. 6 rioter who choked girlfriend should have other case tossed too due to pardon: DOJ
(DBN)

FBI, NYPD carry out searches tied to bribery investigation into current and former NYPD officials
(DBN)

Support Builds on the Right for Prosecuting Women Who Get Abortions
(DBN)

Gay Marriage Is Dividing Republicans, Again
(DBN)

Dem Congresswoman faces 17 years in jail for confronting a police officer
(DBN)

Las Vegas cold case murder solved 20 years after man strangled with phone cord inside his home
(DBN)

Ex-Oklahoma inmate who was nearly executed 3 times has new murder trial set a month after being released
(DBN)

Woman dies in exorcism 'carried out by friend who claims he was expelling her demons'
(DBN)

A member of the cultlike Zizians group is charged in the killings of her parents in Pennsylvania
(DBN)

Pals seen 'smiling' after killing firefighter for iPhone and Nikes sentenced to life
(DBN)

Woman allegedly threatened Taco Bell employees with a gun over wait time for her food
(DBN)

Man shoved wife off 1,200-foot cliff during anniversary hike in Zion National Park: Police
(DBN)

Disturbing GoFundMe emerges after deaths of gran, mom & her four homeschooled young kids after neighbors raised concerns
(DBN)

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Judges:

Judge Sean Lane Appointed as Next Chief Bankruptcy Judge in Manhattan
(DBN)

As Blockbusters Loom, Monkey Business at the Supreme Court
(DBN)

Ex-judge settles case alleging harassment over ‘fancy’ appearance, designer clothes, ‘flowy beachy hair’
(DBN)

Trump-appointed judge says death penalty for child sex crimes may be legal
(DBN)

Judge reveals reason for denying SCOTUSblog founder Tom Goldstein’s acquittal, new trial
(DBN)

Some senators want more grandstanding at the Supreme Court
(DBN)

The Impact Of Dobbs Isn’t What The Far Right Hoped For
(DBN)

A Former Reagan Official on an “Unprincipled” Supreme Court
(DBN)

The blast radius of Callais – and what it means for Constitutional Law
(DBN)

Judge tosses DOJ lawsuit against four New Jersey 'sanctuary cities'
(DBN)

Court awards $640K to judge who refused to marry same-sex couples
(DBN)

Judge Orders Trump Admin to Explain Tarp and Scaffolding on Kennedy Center
(DBN)

Trump Sanctions Punished These Judges. Now They’re Hitting Back.
(DBN)

Court deals a deathblow to Trump's executive order on voting rightsFederal judge bars Trump from implementing proof of citizenship requirement to vote
(DBN)

Federal judge bars immigration arrests at US courthouses in a setback for Trump
(DBN)

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Wall Street:

 

Investor Who Scored 900% Win in 2008 Crisis Has New Big Short Bet
(DBN)

Krugman: What, if anything, are the markets telling us?
(DBN)

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Layoffs:

Amazon Web Services CEO says half of white-collar jobs may change due to AI — but it won't be a wipe-out
(DBN)

Pulte Begins Spy Agency Cuts, Though Fewer Than Feared, for Now
(DBN)

Meta races to replace human moderation with AI
(DBN)

Lucid Says 705 Workers Affected at Arizona Plant in Layoff Breakdown
(DBN)

Portland Public Schools board approves 320 layoffs
(DBN)

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Tech:

Krugman: Why Does Everyone Hate AI?
(DBN)

Tech stock slump could be a reality-check moment
(DBN)

Factory workers told to film themselves for AI
(DBN)

The AI backlash is only getting started
(DBN)

Robert Wright sees an ‘earthquake’ coming from AI that goes far beyond jobs: ‘cultural, political, personal, family, psychological’
(DBN)

I Met With China’s Top AI Experts. They’re Freaking Out, Too
(DBN)

OpenAI, Microsoft Sued by Publishers for Scraping Articles
(DBN)

Washington Post Investigation Finds AI Chatbots Have Huge Liberal Bias
(DBN)

Elon Musk loses trillionaire status
(DBN)

Micron posts 15-fold profit surge as AI companies clamor for chips
(DBN)

Hollywood and Big Tech Are Preparing for War
(DBN)

Nearly 9 In 10 Americans Distrust AI
(DBN)

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Assisted Living:

Deadly neglect lawsuits and fines follow Ohio nursing home chain
(DBN)

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Mail:

Fears USPS will completely collapse as agency runs out of cash & forced to use staff retirement funds to keep mail going
(DBN)

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Environmental:

Va. legislature grants emergency funds to help close leaking, bankrupt landfill in Chesterfield
(DBN)

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Economy:

CFO optimism slips as inflation returns as top concern
(DBN)

Consumer Credit Remains Stable as Borrowers Adjust to Higher Interest Rates
(DBN)

American Express Keeps Saying the Affluent Consumer Is Fine
(DBN)

Trumponomics 2.0 throws out old globalization playbook
(DBN)

Amazon’s record Prime Day masks a darker truth: Americans are spending more and getting less
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Supreme Court Ruling Leaves Open Questions on ‘Home Equity Theft’
(DBN)

Architecture Billings "Weaken Further" in May
(DBN)

Builder shares rise despite Trump's threat to kill housing bill
(DBN)

New Home Sales Decrease to 580,000 Annual Rate in May
(DBN)

What the bipartisan housing bill that Trump refuses to sign means for you
(DBN)

Filing Alert: Romanov Group Chapter 11
(DBN)

Filing Alert: Portero Commercial Chapter 11
(DBN)

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Municipalities:

Judge says Cle Elum bankruptcy petition can go forward
(DBN)

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Oil/Gas:

Oil price back at prewar levels as Gulf flows pick up
(DBN)

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Agribusiness:

Four Screwworm Cases Found on a Texas Farm in Biggest Batch Yet
(DBN)

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Student Debt:

Feds Admit to Wasting Millions Suing Broke Student Borrowers as 9M Face July 1 Overhaul
(DBN)

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Banking:

US banks would lose $700bn in economic crash, Fed stress tests findBig banks ace an easier annual stress test
(DBN)

Fed Reshapes Bank Oversight Unit to Target Core Financial Risks
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

How Americans are feeling about the country’s 250th anniversary, according to new polls
(DBN)

Over Half of Project 2025 Now in Place, Heritage Foundation Says
(DBN)

5 Wildest New Trump Bombshells From Star NYT Reporters Maggie Haberman and Jonathan Swan’s Book
(DBN)

Trump and scorned Republican get into heated yelling match at GOP lunch: reportTrump fires back after heated clash with GOP lawmakers: 'I don't like a few people'Cassidy describes tense encounter with Trump
(DBN)

How a $45 million donation brought Larry Ellison deeper into Trump’s circle
(DBN)

Trump cancels housing affordability bill signing until SAVE Act is passedWarren Fires Back After Trump Cancels Signing Housing Bill: ‘He Is In Trouble’GOP senators try to make sense of Trump’s moveTrump disses housing bill he’s about to sign as having ‘minor importance’
(DBN)

‘A Strange Thing’: Obama Rips Trump Over ‘Obsession’ With HimObama Calls Out Trump for Being Friendly in Person and Critical From Afar
(DBN)

Americans think the Founders would be disappointed in today's U.S.
(DBN)

Just one in four Americans believes the Iran war was worth its costs
(DBN)

Wounded soldiers, families accuse Army of downplaying war injuries
(DBN)

Republicans support Trump’s Iran deal — until they find out what’s actually in it, poll shows
(DBN)

Trump's top general walks out of Pentagon as Hegseth moves to gut his command in sweeping purgeHegseth purgeIs Pete Hegseth Firing the Wrong General?Thom Tillis Regrets His Vote to Confirm Pete Hegseth
(DBN)

Military Reinstates Flu Shot Requirement Amid Air Force Flu Outbreak Just Months After Hegseth Scrapped Mandate‘So Stupid’: Joe Scarborough Taunts Pete Hegseth After Vaccine Mandate Reversal
(DBN)

Trump installs AI security cameras at reflecting poolCompany owned by Trump donor won $1.7 million no-bid Reflecting Pool cleaning contractTrump admin is forced to put up fences around the Reflecting Pool after sixth person is arrested for ‘vandalism’
(DBN)

Disney draws viewer support in deepening fight against Trump administration
(DBN)

Mamdani Emerges as Kingmaker, Pushing His Slate to a Primary SweepSocialist "earthquake" leaves Democrats reelingCongressional Hispanic Caucus chair unseated by socialist challengerRep. Dan Goldman unseated by Mamdani-backed Brad LanderNYC Democrats Just Hobbled Their Party in National Elections for Years to ComeLetitia James ‘Disappointed’ in Mamdani After Progressives Sweep NY PrimariesJewish Leaders Wrestle With Israel Critics’ Sweep of N.Y. PrimariesAfter Bruising Primaries in New York, Democrats Look to NovemberFive Big Questions for Democrats After New York’s PrimariesNew York sweep by Israel critics shines light on a fraught issue for Democrats
(DBN)

Donald Trump demands ‘loyalty’ from NATO allies and slams lack of support in Iran war
(DBN)

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Healthcare:

Massachusetts task force calls for eminent domain takeover of unfinished Steward hospital
(DBN)

Are rural hospitals best served by trading competition for collaboration?
(DBN)

Shortage of Chemotherapy Drugs Brings Rationing Fears
(DBN)

____________

Newspapers:

Billionaire MAGA-friendly owner of LA Times struggling to pay his bills: report
(DBN)

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Prediction Markets:

Predictions market Kalshi in talks to raise funds at $40bn valuation
(DBN)

Prediction Markets Encounter Another Regulator as SEC Joins Fray
(DBN)

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Consumer Protection:

D.C. Circuit Issues Limited Remand On CFPB Restructuring Order
(DBN)

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Resorts:

Filing Alert: Presidential Mountain Resort Owner Chapter 11
(DBN)

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Private Credit:

Apollo Caps Private Credit Fund Withdrawals After Requests Near 17%
(DBN)

Morgan Stanley caps Q2 withdrawals at North Haven private credit fund
(DBN)

'Dean of valuation' Aswath Damodaran warns private credit is 'setting itself up for a beating' amid AI data center lending boom
(DBN)

There’s a new big short against private credit cockroaches
(DBN)

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Food/Beverage:

Troubled brewery Goodwood files for bankruptcy; Lexington location sold
(DBN)

Is Wendy's the next meme stock? Everyday traders are trying to 'save' the fast-food chain.
(DBN)

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New Bankruptcy Opinions
(3 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 (9 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Estoppel:

Supreme Court Rejects Fifth Circuit's Approach to Judicial Estoppel
(DBN)

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Aviation:

Airbus Is Ordered to Inspect 16 Jets After Cracks Are Found in Wings
(DBN)

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Fraud:

DOJ charges 455 defendants in $6.5B healthcare fraud: 6 notes
(DBN)

Fugitive in $3.7B Medicare fraud scheme returned to US after capture
(DBN)

Chief of staff to former NYC mayor Eric Adams, 3 others charged in federal bribery probeBrooklyn Lawyer/ Eric Adams Powerbroker Arrested By FBI
(DBN)

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Healthcare:

YesCare Liquidation Shows Limits of Bankruptcy Maneuver to Shield Against Injury Lawsuits
(DBN)

Days away from deadline, Jackson Hospital insists Blue Cross Blue Shield rate hike is the only way to survive
(DBN)

France reports first Ebola patient as cases in Africa surge above 1,000
(DBN)

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Autos:

Hertz Shares Plunge 41% After Debt Plan And Profit Warning
(DBN)

Former Tricolor COO pleads guilty to fraud linked to bankrupt auto lender's collapse
(DBN)

Will anyone buy this $25,000 EV truck with hand-crank windows and no radio?
(DBN)

____________

Environmental:

Chemours to pay $450 million in first federal settlement over PFAS "forever chemicals"
(DBN)

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Education:

Deadline for financially troubled Saint Augustine's to explain federal grant spending
(DBN)

How I racked up college credits in just a few days for less than $100
(DBN)

____________

Social Media:

Trump’s Truth Social Stock Just Hit Its Lowest Point Ever
(DBN)

____________

Climate:

Western Europe, Sweltering Under Record Heat, Braces for More
(DBN)

Hospitals cancel operations owing to lack of air conditioning
(DBN)

Global warming has made Europe’s heatwave 2-4°C worse
(DBN)

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Summer Camps:

Camp Mystic files for bankruptcy after catastrophic Texas floods killed 28 people at the girls’ campFiling Alert: Camp Mystic Chapter 11 Why has Camp Mystic filed for bankruptcy? All we know a year after dozens died in devastating Texas floods Lawsuits against Camp Mystic paused after bankruptcy filing. Here's what to knowCamp Mystic files for bankruptcy, attorney for victim's families call move a 'delay of accountability'Attorney weighs in on Camp Mystic chapter 11 bankruptcy
(DBN)

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Religion:

MAGA pastor who said LGBTQ+ books & flags harm kids going to prison for abusing a child.
(DBN)

Judge dismisses Gateway Church, former pastor Robert Morris lawsuit over tithing misuse allegations
(DBN)

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Sovereigns:

Debt restructuring framework for poorer nations needs fixing, Paris Club says
(DBN)

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UK:

Liquidators bring successful misfeasance claim against company directors for historic tax avoidance schemes
(DBN)

Quinn Emanuel takes charge of £36bn BHP case from troubled boutique
(DBN)

One in three renters face 35-year wait to save for first-home deposit
(DBN)

Nearly one in four would struggle to cover an unexpected £300 bill
(DBN)

One in four graduates can expect to be financially worse off after University
(DBN)

____________

EU:

Europe braces for Trump's wrath
(DBN)

Volodymyr Zelensky has the green light for formal EU membership negotiations
(DBN)

____________

China:

China Is Luring the World to the Yuan—and Hobbling Western Sanctions
(DBN)

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MENA:

Iran says it’s closing Strait of Hormuz again as Israel and Hezbollah keep fighting in Lebanon Dispute Over Nuclear Inspections Shows How US and Iran Are Negotiating in PublicUN nuclear boss says his inspectors will visit Iran sites. Tehran says not so fast
(DBN)

Lebanese on the edge of Israel’s occupation live with fear and rising tensions
(DBN)

Rocked by the Iran war, the UAE sours on Trump: ‘We got played’
(DBN)

Brit influencer, 23, faces death by firing squad in Dubai
(DBN)

____________

Venezuela:

Tens of thousands feared dead after two earthquakes rock Venezuela at 7.2 & 7.5 magnitudes as airport & hotels collapse
(DBN)

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Australia:

Arbitrability, Corporate Insolvency, and Fractured Disputes: The NSW Court of Appeal’s Approach in Clough v Elecnor and the Lex Domicilii vs. Lex Arbitri Divide
(DBN)

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Denmark:

Islamic call to prayer faces ban under Left-wing Danish government
(DBN)

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Russia:

Putin’s system is in a state of slow implosion
(DBN)


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Germany:

Germany Faces Largest Insolvency Surge in a Decade Amid Economic Stagnation
(DBN)

Germany's 399-year-old Hofbrauhaus Wolters Brewery files for bankruptcy
(DBN)

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Brazil:

Brazil's Braskem to file protective injunction against creditors
(DBN)

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South Korea:

JoongAng Group's fate split between court, creditors
(DBN)

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