March 4, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Trump Backtracks on Plan to Walk Away From Law Firm Fight DOJ has 'unexplained about-face' on law firm executive orders, cites its 'prerogative' Trump Administration, in Reversal, Tries to Continue Fight Against Law Firms Trump Admin Calls ‘Backsies’ On Biglaw Executive Order Appeals ‘Sudden About-Face’: Trump admin says it’s dropping fight to penalize law firms, then changes mindTrump’s Legal Strategy Shift Raises Questions About Impact on ABA Lawsuit
(DBN)

The Audacity Of AI Incompetence
(DBN)

Was AI used in eminent domain lawsuit? Judge demands answers
(DBN)

Top Dems Press Kirkland & Ellis on Trump Deal, Possible Bribery
(DBN)

New Mexico, Connecticut consider new pathways to licensure
(DBN)

Fewer Equity Partners, Fatter Paychecks
(DBN)

Law School Tells Students, ‘You MUST Be Aligned Politically With President Trump,’ For Summer Job
(DBN)

Skadden Sanctioned Over ‘Duplicative, Vexatious Litigation’
(DBN)

King & Spalding Poaches More Winston Partners for Dallas Office
(DBN)

Hogan Lovells’ Merger with Cadwalader Boosts New York Earnings to Rival Major Offices
(DBN)

Bankruptcy Court Claims Jurisdiction Over Kossoff Real Estate Law Firm’s Legal Fallout
(DBN)

Law firms respond to threats as conflict in Middle East intensifies
(DBN)

London law firm turns to security specialists to protect staff in Middle East
(DBN)

Legal’s weakest link? Proactively securing your third-party ecosystem; here’s how to address it
(DBN)

Kash Patel gutted FBI counterintelligence team tasked with tracking Iranian threats days before US strikes, sources say
(DBN)

Minnesota launches investigation that could lead to charges against immigration officersInside the Underground Safe Houses Sheltering Immigrants From ICEDocs Back Whistleblower’s Claim That ICE Slashed Training Amid Hiring BlitzHomeland Security Investigates Remarks of Border Patrol Leader Gregory BovinoUS moving pregnant immigrant girls to Texas to avoid providing abortions, critics sayTexas migrant children’s shelter to lay off entire staff, citing Trump
(DBN)

Trump’s DOJ Humiliated After Botching Basic Words in Filing
(DBN)

Disgraced mayor’s friend told her own son to ‘lie til you die’ about seeing pol ‘rape’ 16-year-oldMayor’s frantic texts to family revealed after she was allegedly caught having sex with drunken 16-year-old at pool party
(DBN)

Michael Jackson accused of abusing kids at homes of Elton John and Elizabeth Taylor
(DBN)

Brazen, scantily-clad streamers turn Nancy Guthrie crime scene into 'disrespectful' content circus as they feud for best view of her house
(DBN)

Cities join Amazon in ending their partnership with license-plate reader Flock following public outcry. ‘Your privacy is totally fine,’ says Ring CEO
(DBN)

Man Who Gave His Teen a Rifle Is Guilty of Murder After School Shooting
(DBN)

Foreign Service Officer IDed as Road Rage Killer
(DBN)

'I will kill Trump': Man's assassination threats are 'protected speech,' lawyers say
(DBN)

Mom accused of forcing husband and son into lake to drown not guilty by reason of insanity
(DBN)

Man waited in bathroom to stab his mom after she said he could not use her speaker: Police
(DBN)

Man said wife killed herself getting gun for him because it went with his outfit: Cops
(DBN)

Inmate vomiting for 3 days straight ignored by staff before dying of dehydration: Lawsuit
(DBN)

Man beat girlfriend's son to death because the boy accidentally locked keys in car
(DBN)

Man executed estranged wife, staged scene to look like suicide, police say
(DBN)

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Judges:

Supreme Court weighs whether smoking weed can eliminate your right to a gunSupreme Court Appears Skeptical of Law Banning Drug Users From Owning Guns
(DBN)

The Court's (Selective) Impatience is a Vice
(DBN)

Judge Vacates Punishments of Columbia Students Who Occupied a Building
(DBN)

Supreme Court bans California gender privacy rule in public schools
(DBN)

Justice Gorsuch: Originalism Means Remembering That The Founders Knew How To F------ Party
(DBN)

Where The State Bench Pays The Best
(DBN)

New York’s congestion toll into Manhattan upheld by a federal judge over Trump’s objections
(DBN)

Moving The Needle On Judicial Equity
(DBN)

West Virginia Is Not Here For Authoritarian Cosplay
(DBN)

Federal Judges Threatened For Doing Their Jobs Speak Up
(DBN)

Pete Hegseth may have sped up appeal of massive court loss to Sen. Mark Kelly right into a brick wall
(DBN)

Meet the Judges Handling Thousands of Tariff Refund Suits
(DBN)

What Was Behind a Spike in Judicial Misconduct Complaints Last Year?
(DBN)

'Racist Sentencing Judge?': DOJ Stuns Supreme Court With Stance on Appeal Waivers
(DBN)

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Wall Street:

Stock futures are little changed as traders monitor U.S.-Iran war developments
(DBN)

Wall Street Faces Its Biggest Crisis of Confidence in Years
(DBN)

Private Market Titans Warn of Pain as Credit Cracks Widen
(DBN)

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Layoffs:

Kuehne+Nagel to layoff 2,000 workers amid weak demand, AI push
(DBN)

Compass cuts 110 jobs in Madison
(DBN)

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Culture:

Why So Many People Are Going “No Contact” with Their Parents
(DBN)

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Movie Theaters:

Movie Theater Chain iPic Files for BankruptcyLuxury Movie Theater Chain IPic Files For Chapter 11 Bankruptcy ProtectionFancy theater chain’s champagne and filet mignon couldn’t save it from bankruptcy
(DBN)

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Celebs:

Bankruptcy judge sets trial date for Deion Sanders' son Shilo
(DBN)

Wild lawsuits to bankruptcy: All the RHOA business ventures that well and truly flopped
(DBN)

Real Housewife owner of vegan restaurant chain with awful name files for Chapter 11 bankruptcy over mounting debts
(DBN)

Cardi B Seeks Court-Ordered Financial Examination of Tasha K in Bankruptcy Case
(DBN)

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Entertainment:

S&P Puts Paramount on Negative Credit Watch
(DBN)

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Healthcare:

Bill to take Norwood Hospital property by eminent domain advances out of committee
(DBN)

RivCo Board Set To Take Further Action To Assist Bankrupt Hospital
(DBN)

North Star eyes terminating contracts for six administrators in bankruptcy court tomorrow
(DBN)

Parents Tried to Shield Their Children From Vaccines. Instead They Got Measles.
(DBN)

Colorectal cancer demographics shift toward younger Americans: Research
(DBN)

Scientists create autism panel, citing RFK Jr.’s politicization of research
(DBN)

The cost of chaos at the CDC
(DBN)

Wis. Nurse Had Sex with Patient, Then Made False Sexual Assault Accusation Before Explaining Why She Lied
(DBN)

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Ticketing:

DOJ takes Live Nation-Ticketmaster to court for antitrust trial Concert Industry Is ‘Broken,’ Prosecutor Says as Live Nation-Ticketmaster Trial Begins Feds point to Taylor Swift ticket fiasco as evidence of Live Nation and Ticketmaster’s monopolyThe outrage over ticket prices is real. Congress is chasing the wrong villain.
(DBN)

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Prediction Markets:

How Anonymous Bettors Cashed In on the Iran Strike, Just Hours Before It Happened
(DBN)

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Trucking:

Alabama family-owned carrier files for Chapter 11 bankruptcy
(DBN)

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Fraud:

Tampa Investor Darling Crashes As REIT Rushes To Liquidate Amid Ponzi Scheme Allegations
(DBN)

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Furniture:

Circle Furniture assets to go under the hammer after bankruptcy
(DBN)

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Horse Racing:

Hawthorne, Horsemen Encouraged at Bankruptcy Hearing
(DBN)

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Economy:

Global Economy Is Facing the Prospect of Another Profound ShockWhy economists worry the Iran conflict could derail an already fragile economyGlobal commodity prices surge as Iran fallout widensThe Iran War Is Dialing US Economic Danger Up to 11 I.M.F. Warns Iran War Could Hurt Global EconomyIran War Oil Shock Threatens to Unleash Wave of Global Inflation
(DBN)

Fed's Kashkari says Iran war obscures monetary policy outlook
(DBN)

Fed's Williams says rate cuts still possible, does not address Iran war
(DBN)

Even Before He Reaches the Fed, Warsh’s Path to Rate Cuts Is Getting Tougher
(DBN)

Bessent says global 15% tariff starts this week, move back to prior rates within 5 months
(DBN)

Trump Hit by Brutal Reality Check on Domestic Cost of War
(DBN)

Small businesses flag inflation as biggest challenge: Fed survey
(DBN)

TSA moves to center of shutdown drama as jittery lawmakers offer warnings for economy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

The Disappearing American Mortgage
(DBN)

Why Bankruptcy Is Still Catching Lenders Off Guard
(DBN)

Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low
(DBN)

Filing Alert: Latitude 2976 Apartments Owner Chapter 11
(DBN)

Filing Alert: PIC Estate Chapter 11
(DBN)

California housing crash fears as buying rates plummet below Great Recession level
(DBN)

The New Miami Gold Rush
(DBN)

Multifamily CMBS delinquency rate lower in February
(DBN)

Jon Venetos’ Lurin Capital files for bankruptcy, blocking foreclosure on Houston apartments
(DBN)

Senate strikes deal on Trump’s housing idea
(DBN)

Big investors have been fleeing for-sale housing market, even before Trump ordered ban
(DBN)

Sutton Apartments owner files for bankruptcy weeks after water issues caused shutdownOwner of condemned Sutton Apts. files for bankruptcy amid financial, legal woes
(DBN)

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Municipalities:

SF: Mayor Lurie orders $100 million in budget cuts; could lead to elimination of up to 500 jobs
(DBN)

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Politics:

Tracking approval and key issuesPresident's Approval: 38%
(DBN)

US commanders tell troops Trump 'anointed by Jesus' to start Iran war sparking hundreds of complaintsTroops reveal commanders’ bonkers reasons for war
(DBN)

John Bolton says Hegseth needs ‘attitude adjustment’ after Iran briefing
(DBN)

Congress briefed on 'overwhelming' wave of strikes in Iran
(DBN)

Tensions flare as lawmakers question Iran war’s costs, risks and strategy
(DBN)

Trump Is Up All Night Posting About Melania While War Rages
(DBN)

Democrat mocks Mullin for remarks on ‘smell’ and ‘taste’ of war: ‘Call of Duty doesn’t count’
(DBN)

You Break It, You Own It? Not for Trump When It Comes to Iran
(DBN)

Speaker Johnson pushes against war powers resolution: ‘Frightening’
(DBN)

Senate Republicans warn Trump about expanding Iran mission as death toll rises
(DBN)

Rubio blasted for 'absolute negligence' in failing to prep for war fallout
(DBN)

How Lindsey Graham got Trump to yes on Iran
(DBN)

Trump’s Head-on-a-Pike Foreign Policy
(DBN)

Trump knocks Tucker Carlson, Megyn Kelly over Iran criticism: ‘MAGA is Trump’
(DBN)

Why Republicans won’t rein in Trump’s Iran war
(DBN)

Trump's MAGA base wrestles with Iran strikes launched by an 'America First' president
(DBN)

Trump Calls BS on Vance’s Frantic Spin About Iran WarVance's anti-war posture collides with his more hawkish views on Iran‘Pretty Bad for Vance’: The VP’s Silence on Iran Peeves Allies
(DBN)

Hillary Clinton destroys Nancy Mace and Lauren Boebert in Epstein grillingEven Conservatives Are Applauding Hillary Clinton for Smacking Down Lauren Boebert’s Photo LeakSix Key Moments You May Have Missed From the Clintons’ Epstein DepositionsInside the Clintons’ depositions on Epstein and Maxwell
(DBN)

Goldman’s Top Lawyer to Testify on Epstein Ties in Congress
(DBN)

MAGA loves scandal-ridden Ken Paxton. Can they get him to the Senate?
(DBN)

The Texas Democrat trying to reclaim Christianity from the right
(DBN)

Texas voters set to deliver verdict in competitive Senate primaries
(DBN)

Humiliated Noem dumbfounded after being shown photo of her scandalous luxury jet bedroomKristi Noem struggles to answer questions about ICE violating court orders during hearing‘Terribly Awkward!’ GOP Senator Scolds Kristi Noem for Dropping $220M On DHS Ads That Feature Her ‘Prominently’Noem doesn't retract calling U.S. citizens killed by immigration agents 'domestic terrorists'Republican senator explodes at Kristi Noem over immigration crackdown: 'It's a disaster... resign'Noem fends off attacks from left and right in heated hearing: 5 takeawaysGOP Sen. Thom Tillis unleashes on Noem: ‘Time after time, I’ve been disappointed’'It was you': GOP senator busts Kristi Noem for lying about Stephen MillerNoem’s spending review has held up more than 1,000 FEMA contracts, grants and awards, Dems say
(DBN)

Key GOP senator criticizes Pentagon strategy in Colby hearing
(DBN)

MAGA rep probed over expenses fraud claim
(DBN)

Sinister Trump plot to steal GOP rebel’s staff revealed
(DBN)

Trump Cabinet Member’s Staff Quit After White House Ultimatum
(DBN)

Kesha Blows Up White House Attempt To Use Her Music For Propaganda
(DBN)

Primary takeaways: Voters itching for change are eager to put their stamp on WashingtonRep. Dan Crenshaw loses to Republican primary challenger in TexasJames Talarico wins Texas Democratic Senate primaryTexas GOP Fight Intensifies as Democrats Eye Senate TakeoverTalarico won his primary. What happens next is outside his control.Cornyn, Paxton in ugly runoff: 5 takeaways from Texas, North Carolina primariesCornyn did so well that Trump could finally endorse himIncumbents under pressure as House members face restless voters in primaries
(DBN)

Ted Cruz, Tim Scott asking Treasury to approve $200B tax cut without congressional approval
(DBN)

Newsom likens Israel to ‘apartheid state,’ questions future military support
(DBN)

____________

Retailing:

Are European supermarkets actually better and cheaper than American?
(DBN)

____________

Autos:

Ford, Not GM, Most Exposed To First Brands Bankruptcy Aftermath
(DBN)

Moreno calls indicted First Brands founders ‘scumbags’ as auto parts company sheds 1,267 jobs
(DBN)

Jasper Rubber faces closure amid First Brands Group bankruptcy and fraud scandal
(DBN)

U.S. automakers risk being reduced to niche producers of gas vehicles
(DBN)

____________

Maritime:

Trump Says US Will Escort, Insure Oil Tankers Amid Iran War Trump’s Hormuz Assurances Only a Partial Fix, Shippers Say
(DBN)

Parties and missile threats: On board a cruise ship stuck in the Middle East crisis zone
(DBN)

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Agribusiness:

Del Monte bankruptcy leaves two Calif. plants shuttered and $550M in farm losses
(DBN)

Pure Prairie Poultry convicted after 2 million chickens abandoned, starved
(DBN)

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Hotels:

FL: South of Fifth Hotel’s Chapter 11 Bombshell Rattles Washington Avenue
(DBN)

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Finance:

Supreme Court Declines CashCall’s Petition Ending 12 Year Battle With The CFPB
(DBN)

Jefferies faces scrutiny over lending to collapsed MFS and First Brands
(DBN)

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Clean Energy:

Barclays Bankers See Distressed Asset Risks for Renewables
(DBN)

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Debt Collection:

Debt Collection Agencies Market Set To Surpass USD 41.7 Billion By 2033
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Crimes:

Marion man faces up to 40 years for concealing assets
(DBN)

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Business Judgment:

Judging Business Judgment: The Federal Common Law of Bankruptcy Transactions in Chapter 11
(DBN)

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D&O:

Will Allowing Companies to Block Shareholder Suits Create a D&O Mess?
(DBN)

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Bankruptcy Alternatives:

Testing A Theory: That ABC Processes Are Under-Utilized In Most States
(DBN)

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Aviation:

A United 787 engine fire underscores the role of swift pilot actions and the dangers on the ground
(DBN)

Fear of flying: New polling suggests 74% admit to at least some nerves
(DBN)

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Retailing:

Target to Spend Billions to Refresh Stores, Hire Staff and Raise Pay
(DBN)

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Cosmetics:

Pat McGrath to Cede Control of Cosmetics Brand in Restructuring
(DBN)

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Food/Beverage:

Sran Vineyards files for bankruptcy
(DBN)

FAT Brands and Lenders Continue to Fight Over Company Control
(DBN)

Bonds Billed as Safe Fail Investors in FAT Brands
(DBN)

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Education:

University of Texas regents approve limits on teaching 'unnecessarily controversial subjects'
(DBN)

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Banking:

US banks on high alert for cyberattacks as Iran war escalates
(DBN)

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Private Credit:

Ares CEO Says UBS Call on 15% Private Debt Default ‘Absolutely Wrong’
(DBN)

Apollo's Rowan Warns Of Shakeout Coming For Private Markets
(DBN)

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Tech:

Meta Workers Say They’re Seeing Disturbing Things Through Users’ Smart Glasses
(DBN)

New warning for parents amid new 'fire-breathing' social media trend
(DBN)

Global Funds Unwind Hottest AI Trades as Inflation Fears Mount
(DBN)

Legendary investor Howard Marks was skeptical about AI. What it said to him about Warren Buffett and Charlie Munger left him shook
(DBN)

Harvard Professor Says AI Users Are Losing Cognitive Abilities
(DBN)

Is Gen Alpha Learning Anything in School, or Just Using AI for Everything?
(DBN)

An economic transformation is coming to America’s heartland
(DBN)

Sam Altman Is Realizing He Made a Gigantic MistakeThe one question everyone should be asking after OpenAI’s deal with the Pentagon
(DBN)

Anthropic's AI models used in US military operations despite blacklist: ReportClaude AI Helped Bomb Iran. But How Exactly?
(DBN)

Supreme Court rejects appeal from computer scientist seeking copyright for AI-created artworkSupreme Court denies appeal in AI-generated art case
(DBN)

ChatGPT Health 'under-triaged' half of medical emergencies in a new study
(DBN)

Devil worshipers are using AI, exorcists are warned
(DBN)

____________

UK:

Traditional British royal shoe factory faces risk of bankruptcy after seven decades
(DBN)

MFS Was ‘Jellyfish’ That Stung Santander
(DBN)

Unemployment is back with a vengeance. Nobody knows how bad it will get
(DBN)

Households to pay an extra £17bn a year in council tax under Labour
(DBN)

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EU:

War-Induced Inflation Spike Looms Over Europe’s Economic Recovery
(DBN)

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MENA:

Iranian Drones and Missiles Challenge Stretched U.S. Forces Explosions sound in the Iranian capital as war with US and Israel enters a fifth day US mulls military support for vulnerable oil supplies in Strait of HormuzUnited States seeking an armed uprising inside Iran, with ground operation expected within days CIA working to arm Kurdish forces to spark uprising in Iran, sources say Israel bombs Iran’s top mullahs as they count tally for next supreme leader Trump says he would like ‘somebody from within’ to take over Iran after ayatollah killed Trump says ‘worst case scenario’ in Iran is new leader worse than Khamenei Analyst warns Trump faces 'very hard' hurdle in Iran as 'more extreme' leader lies waiting How Trump assassination attempts played into his decision to attack Iran Iran’s Strategy: Expand the War, Increase the Cost, Outlast TrumpWhite House warns US likely to ramp up assault on Iran Trump shifting goals, expectations for Iran war Trump admits he has no war plan‘Breathtaking’: Independent senator deplores Rubio’s explanation for Iran attacks US troops died in triple-wide trailer Hegseth called 'fortified'White House offers shifting rationales for war with IranIran war heralds era of AI-powered bombing quicker than ‘speed of thought’CIA station in Saudi capital hit in drone attackHow the US and Israel weakened and blinded Iran to take control of its skies in the opening hoursBritain scrambles warship to Cyprus after France deploys aircraft carrierUS lawmakers slam State Department over lack of help for Americans stuck in Mideast Western Governments Rush to Evacuate Travelers in the Middle EastU.S. allies in Middle East denounce Iran attacksState Dept. scrambles to aid stranded Americans amid attacks, airport closuresTrump on lack of Middle East evacuation plan: ‘It happened all very quickly’US, Israel attacks on Iran were long-planned, report says Multiple US embassies are telling Americans they cannot evacuate or help them get out of the Middle EastAnxious travelers scramble as Iran war strands tens of thousands across the Middle EastIran war escalates as US and Israel pummel Tehran amid furious backlash over Trump's shifting objectives as American embassies are targeted U.S. Closes Embassies in Saudi Arabia and KuwaitDubai rocked by massive blast again as Iran missiles rain downDow drops 500 points as oil surges, bond yields climb in response to deepening Iran conflictIsrael hacked Iran’s traffic cams for years so Mossad ‘knew Tehran like we knew Jerusalem’ before Ayatollah assassinatedAn Emboldened Israel Is Seizing Opportunities to Remake RegionIsraelis Celebrate Purim In Air Raid SheltersDramatic video appears to show downed F-15 pilot being threatened by pipe-wielding KuwaitiGulf crisis prompts viral videos and scamsIran claimed to have enough uranium for 11 nuclear bombs: US envoy WitkoffU.S. and Israel Striking Iran Security Agencies That Helped Crush Protests For Travelers Stuck in Dubai, ‘Chaos and Confusion’ and a Nervous WaitTrump tells Politico Iran is running out of weaponsTrump Says Iran's Military Has Largely Been 'Knocked Out'
(DBN)

Qatar Knocks Down Tucker Carlson’s Claim Mossad Agents Were Arrested for Planning Bombing
(DBN)

____________

China:

China Building Subs That Can Strike U.S. From Closer to Home, U.S. Navy Warns
(DBN)

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Spain:

Trump threatens to 'cease all US trade with Spain' and take NATO basesTrump lambastes UK’s Starmer, Spain over IranAs Trump Bashes Spain, the German Chancellor Piles OnUS, Spain to Resume ‘Amazing’ Ties Soon, Santander’s Botin SaysTrump threatens to halt trade with Spain over military base access‘No to war’: Spain PM hits back over Trump’s threats to cut trade over military base accessAlex Soros: Spain Becoming Leader of Free World!
(DBN)

____________

Russia:

Russia bans a prominent LGBTQ+ rights group as extremist in a new blow to the beleaguered community
(DBN)

____________

Vietnam:

Vietnam's 'zombie companies' could be revived by amended bankruptcy law
(DBN)

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Australia:

Director of collapsed Cornell and MTQ Group declares bankruptcy amid $94m company debt
(DBN)

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Hong Kong:

Recognition and Assistance of Foreign Restructuring Proceedings under Common Law: “Novel and Important Questions” addressed by the Hong Kong Companies Court
(DBN)

Cross-Border Evidence between Hong Kong and Mainland China: The Arrangement and the CFA's Tenwow Decision
(DBN)

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Brazil:

Raízen’s Owners Abandon Talks to Rescue Struggling Fuel Producer
(DBN)

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India:

India’s insolvency regime no longer disciplines time, it is disciplined by litigation
(DBN)

Cryptocurrency in insolvency: How India’s IBC treats digital assets as property
(DBN)

____________

Moldova:

The state recovers less than 1% of the debts of insolvent economic agents, report
(DBN)

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