May 14, 2026

The Daily Bankruptcy News

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Law:

Global Biglaw Giant May Be The Next Firm To Embrace Nonequity Partners
(DBN)

Legal Industry Posts Strong Q1, but Thomson Reuters Warns of Rocky Quarters AheadU.S. Law Firms See Rising Costs Erode Profit Gains Despite Strong Client Demand
(DBN)

Trump-Targeted Law Firms Seek to Extend Win Streak in DC Appeal
(DBN)

Prosecutors to retry Alex Murdaugh in deaths of wife and son after high court overturned convictionsMurdaugh trial clerk ‘placed her fingers on the scale of justice,’ court rules
(DBN)

The Litigation Boutique With All The Rizz
(DBN)

Proskauer Rose Enhances Restructuring Expertise with Strategic Partner Addition in New York
(DBN)

Blank Rome Strengthens National Restructuring Capabilities with Addition of Partner Buffey E. Klein in Dallas
(DBN)

Willkie Continues Global Restructuring Expansion With Addition of Nikita Kumar as Partner in London
(DBN)

Simpson Thacher Expands Restructuring Practice
(DBN)

Former DLA Piper summer associate sues firm for allegedly revoking job offer over Palestinian tiesDLA Piper Sued For Discrimination After Firing Palestinian Lawyer
(DBN)

How AI has supercharged dispute resolution and arbitration
(DBN)

Not Sure In-House Counsel Are Really Up On That Whole ‘Compliance’ Thing
(DBN)

Less Chair, More Chill: John Quinn Set To Discover The Joys Of Not Being In Charge At Quinn Emanuel
(DBN)

Repeat test-takers drag down bar pass rates for February exam
(DBN)

Murder-in-law: New A&E true crime series 'Killer Investigations' spotlights Rob Adelson's critical role in unraveling Dan Markel murder case
(DBN)

They Stole My Identity To Run An Executive Job Scam. Here’s What Every Professional Needs To Know.
(DBN)

Jen Psaki mocks Patel with supercut of clips bragging about his drinking
(DBN)

Ex-DOJ official goes public with blistering criticism of his former bosses
(DBN)

Trump wants to pardon 250 people for America’s 250th birthday: reportTrump insiders sound alarm over audacious plan to shower 250 pardons on America's birthday
(DBN)

A former private prison executive will become ICE’s acting leader'Alligator Alcatraz,' the controversial Florida migrant detention facility, expected to close, source saysWatchdog Probes Kristi Noem’s Warehouse Purchases for ICE Detention Centers
(DBN)

Something weird is going on with Cole Tomas Allen’s prosecution
(DBN)

Trump’s New York US attorney pick committed misconduct, disciplinary investigation finds
(DBN)

In San Francisco, the Tents of Homeless People Are Disappearing
(DBN)

Memphis residents claim harassment, arrest and abuse by Trump-ordered Memphis Safe Task Force
(DBN)

Man with assault rifle wildly shoots at drivers near Boston, wounding 2 before being shot
(DBN)

North Carolina detective investigated in connection with cold case homicide of 16-year-old boy
(DBN)

Alabama jail staff didn’t help when she went into labor — other inmates did, lawsuit says
(DBN)

Men wrongly accused of grisly yogurt shop murders in Texas reach $35 million settlement with city
(DBN)

Major development in Antonio Brown's attempted murder trial as judge orders accuser to court
(DBN)

Couple killed filmmaker neighbor who was complaining about their smoky barbecue, court heard
(DBN)

California cops bust driver with carpool dummy
(DBN)

Dystopian video shows hellish 'teen takeover' overwhelm police in crime-ridden Chicago
(DBN)

Utah grief author convicted in husband’s poisoning death to be sentenced
(DBN)

Man strangled daughter after argument over cleaning her room, police say
(DBN)

2 women sue Las Vegas hotels for allegedly allowing trafficking on premises
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Judges:

Notice of Vacancy - U.S. Bankruptcy Judge, Baltimore, MD
(DBN)

Judge John Copenhaver dies at age 100, leaves legacy of quiet discipline
(DBN)

Hon. Shelley C. Chapman (Ret.) Featured on Debtwire and American Bankruptcy Institute's Women in Restructuring Podcast
(DBN)

Apollo Restructuring Judge Hit With Recusal Bid Over Skadden Tie
(DBN)

Louisiana advances plan to eliminate majority-Black US House district after court ruling
(DBN)

A Federal Judge Praises Susman Godfrey For Letting A Young Associate Cook
(DBN)

Federal judge Thomas Ludington gets jail, probation in drunken driving case
(DBN)

Supreme Court faces new criticism for redistricting decision so close to the 2026 electionsJustices Sidestep Principle of Avoiding Election Eve Changes
(DBN)

House Republicans more optimistic about midterm chances after ‘seismic’ court rulings
(DBN)

Three Ways to End Gerrymanders After Justices Gut Voting Rights
(DBN)

Judge rules Rubio’s sanction of UN rapporteur violates First Amendment
(DBN)

Former judge charged in $6.5 million real estate fraud scheme
(DBN)

Kash Patel's comments raise questions about gag order in Kilmar Abrego Garcia case
(DBN)

Can the state force religious preschools to promote other religions?
(DBN)

Blake Lively suffers blow as exhausted judge denies latest request in persistent Justin Baldoni legal war
(DBN)

Judge Ho’s School-Based Law Clerk Boycott Is Unconstitutional
(DBN)

Trump complains that groups trying to make Jack Smith's report public ripped into judges
(DBN)

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Wall Street:

 

Wall Street trades mostly higher despite a hotter than forecasted PPI inflation print
(DBN)

Michael Burry, Paul Tudor Jones, and a Nobel-winner all see the same thing: A stock market reckoning
(DBN)

It may be time to worry like it’s 1999
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Layoffs:

Ex-Spirit Airlines Workers Bring Class Suit Over Abrupt Layoffs
(DBN)

Walmart cuts 1,000 roles to simplify operations, source says
(DBN)

LinkedIn set to layoff 5 percent of staff, report says
(DBN)

Navigating the WARN Act: Strategic Workforce Planning in Hotel Transactions
(DBN)

CICOA to lay off 90 Indianapolis employees
(DBN)

Mega-rich CEO slashes 4,000 jobs amid AI push and Wall Street rewards him with 18% stock surge
(DBN)

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Retailing:

Teens Helped Bring Malls Back to Life. Now They’re Getting Banned.
(DBN)

Costlier Christmas? Chinese suppliers reportedly hike prices for US retailers
(DBN)

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Climate:

Heavier storms and longer dry spells are drying California and the West
(DBN)

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Tech:

'I applied to be pope': Losing grip on reality while using ChatGPT
(DBN)

Meet the Sad Wives of AI
(DBN)

Parents accuse ChatGPT of assisting in son’s drug-induced death
(DBN)

The AI Industry Is Secretly Powered by Homeless People
(DBN)

The AI Backlash Could Get Very Ugly
(DBN)

Lloyd Blankfein just put his finger on why even Goldman Sachs doesn’t trust AI agents
(DBN)

Imposter syndrome used to be a lie. AI made it true
(DBN)

Software Engineers Say They’re Losing the Ability to Code Now That AI Does It for Them
(DBN)

‘Irresponsible’: backlash as Utah approves datacenter twice the size of Manhattan
(DBN)

Family of Ronald Greene reaches $4.8M settlement with Louisiana State Police: Sources
(DBN)

OpenAI Brings Its Ass to Court
(DBN)

AI Is Being Used to Fix Its Own Energy Problem
(DBN)

AI customer service bots get rolled back at 74% of firms
(DBN)

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Culture:

High-powered dads are spending less time at work, more on childcare
(DBN)

The Men Who Don’t Want Women to Vote
(DBN)

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Economy:

Kudlow tells Hassett inflation number was ‘lousy’Is inflation heading to 6%? Probably not - but it will get worse before it gets betterWhy 3.8% inflation actually feels like an 8% hit to your retirement savings
(DBN)

US sells 30-year bonds at 5% yield for first time since 2007
(DBN)

Senate confirms Kevin Warsh to lead Fed in narrowest-ever voteWarsh faces rate pressure as April's inflation spike leaves the Fed with zero excuses
(DBN)

Wells Fargo still sees two Fed rate cuts in 2026 despite recent hot inflation reports
(DBN)

The Iran conflict has 'upended' inflation, Minneapolis Fed's Kashkari says
(DBN)

US grocery prices rose in April, but gas spikes weren’t the only reason
(DBN)

Tax cuts collide with inflation as voters weigh Trump’s economy in the midterms
(DBN)

Water costs are rising faster than inflation — and sending bills soaring
(DBN)

What Happens if the U.S. Defaults?
(DBN)

Wholesale prices jump to 4-year high and point to even more inflation this summerProducer prices shot up 6%, adding pressure on companies to hike prices for struggling customersLatest Sign of War’s Economic Ripples
(DBN)

5 tests Kevin Warsh will face on the first day as Fed chair
(DBN)

Tariff Refunds Begin to Reach Businesses as Trump Lashes Out at Court
(DBN)

Speaker Johnson responds to Trump remark: Iran conflict ‘put a little damper’ on affordability
(DBN)

Krugman: The Apotheosis of Willful Ignorance - All of this was predictable and predicted
(DBN)

Gen Z, millennials using personal loans for everyday bills: Report
(DBN)

Hoarding adds to economic damage triggered by Iran war
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Bankruptcy sheds light on $119M in debts crushing son of Nussbaum’s Chicago deal partner
(DBN)

Judge tosses OC Ventures’ bankruptcy, clearing path for Stephen Bus’ discounted UIC student housing deal
(DBN)

Sam Sprei, former Brooklyn judge arrested
(DBN)

Why LA condo sales have slumped to a 20-year low
(DBN)

Rent Is Swallowing Household Incomes
(DBN)

Epstein island’s billionaire owner is battling zealous voyeurs
(DBN)

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Oil/Gas:

An Uncertain World Awaits the Reopening of the Strait of Hormuz
(DBN)

The world lost nearly 1 billion barrels in oil supply over the past 75 days. Why investors aren't worrying enough.
(DBN)

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Politics:

Tracking approval and key issuesHow popular is Donald Trump?
(DBN)

Trump trips on affordability with remark on Iran, to GOP’s chagrin
(DBN)

Senate unanimously advances resolution suspending senators’ pay during shutdown
(DBN)

Is the U.S. slipping into 'Competitive Authoritarianism?'
(DBN)

3 GOP senators break with leadership, vote to advance resolution to end Iran warSenate Again Rejects Bid to End Iran War, but G.O.P. Opposition Grows
(DBN)

19 Congressional Black Caucus members could be affected by redistricting: Chair
(DBN)

House Backers Reach Threshold to Force Vote on $1.3 Billion in Ukraine AidGOP senators warn Iran war funding faces uphill climb
(DBN)

The late-night Truth Social storms that offer a window into the president’s mind Young woman fueling Trump’s wild midnight sprees is exposedTrump's mental health in question after he posts over 55 times in 3 hours
(DBN)

New Counterterror Strategy Eyes Tucker Carlson: Administration deems anti-Trump right wingers terrorists
(DBN)

'Golden Dome' Missile Defense Plan Could Cost $1.2 Trillion!
(DBN)

House Republicans divided over ballroom security funding
(DBN)

A Conspiracy Theory About QR Codes Has Led to Chaos Ahead of Georgia's Midterms
(DBN)

GOP Rep Humiliates Boy, 10, for Writing Letter About Electric Cars
(DBN)

Trump Mobile says T1 Phones will begin shipping this week
(DBN)

Van Hollen posts alcohol use test results after challenging Patel to take survey
(DBN)

Blue state Dems float aggressive 9-1 map to Trump-proof election
(DBN)

Trump official buried in mockery after ridiculous claims in hearing: 'Very dumbest people'
(DBN)

The Senator Who Embraced MAHA and Lost MAGA
(DBN)

Rudy Giuliani is back: America's mayor returns to airwaves after he was read his last rites
(DBN)

Sen. Rand Paul’s Son William Hurled Antisemitic Insults at Rep. Mike Lawler
(DBN)

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Healthcare:

Court assessment finds quality care at North Star facilities despite bankruptcy
(DBN)

Alabama prison inmate healthcare workers say they haven't been paid in weeksYesCare Files for Bankruptcy Following $307 Million Medical Neglect Verdict
(DBN)

WHO chief warns there ‘will be more hantavirus cases in the coming weeks’Map: The states monitoring hantavirus exposures after cruise ship outbreakWe’re asking the wrong question about the hantavirus outbreak
(DBN)

Trump administration freezes new Medicare enrollments for hospice and home health agencies
(DBN)

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Agribusiness:

Texas federal judge dismisses fraud claims in 'ghost cattle' suitTrustee in 'ghost cattle' suit files motion to reconsider after judge dismisses fraud claims
(DBN)

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Consumer Protection:

Republicans block Democrat-backed measures to undo Trump’s dismantling of CFPB
(DBN)

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Pharma:

CVS unit Omnicare wins court approval for $250 million sale to GenieRx
(DBN)

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Private Credit:

Private-credit blowup leaves $1.7 billion missing, six Ferraris found
(DBN)

Former SEC chair Jay Clayton says he does ‘not see excess leverage’ in private credit
(DBN)

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Plastics:

Plastics Maker Trinseo Says It Plans to File for BankruptcyTrinseo equity wiped in $2.0B debt overhaul
(DBN)

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Celebs:

Tasha K Ordered to Remove Cardi B, Offset and Stefon Diggs Content After Contempt Ruling
(DBN)

From $200,000-a-year wage to facing bankruptcy: The downfall of Miss Universe Australia's ex-husband
(DBN)

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Food/Beverage:

Texas Great American Cookies franchisees says FAT Brands owes them millions
(DBN)

Quick-service pizza sales turned negative last year
(DBN)

Acapulco Mexican restaurant chain shuts 169 locations, 1 remains
(DBN)

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Alternative Fuels:

Green hydrogen developer Liquid Wind puts itself up for sale after declaring bankruptcy
(DBN)

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Religion:

Soros philanthropy org commits $30M to groups fighting antisemitism, anti-Muslim hate
(DBN)

Pope Leo’s enforcer issues rare excommunication threat
(DBN)

Pastor who attacked 'unbearable' Trump policy put in charge of hard-MAGA diocese
(DBN)

Pete Hegseth to headline DC faith rally with far-right and Christian nationalist speakers
(DBN)

Worcester pastor accused of fraud shuns testimony in bankruptcy case
(DBN)

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Fraud:

All about Jho Low, the alleged mastermind of the 1MDB scandal
(DBN)

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Weight Loss:

Daily pill could ‘keep you slim for life’
(DBN)

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  New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (26 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Strategy:

IPIC('d Apart) + Creditors Sakked
(DBN)

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Bankruptcy Crimes:

Mother of ex-NHL player sentenced to prison in bankruptcy false-records case
(DBN)

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Cannabis:

Cannabis Bankruptcy Relief Broadens With Delaware Court Ruling
(DBN)

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Aviation:

Spirit's liquidation advances as repossession of jets accelerates
(DBN)

Repo Man Had 'Six Hours To Find 20 Pilots' While Seizing Jet Aircraft From Bankrupt Spirit Airlines
(DBN)

Death of Spirit Airlines Is a Warning About US Merger Evaluation
(DBN)

Record Wave of US Jet Fuel Heads Overseas to Plug Supply Gaps
(DBN)

United flight attendants ratify 5-year contract
(DBN)

Second airline has shut down permanently, and this one left people in the French Caribbean stranded
(DBN)

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Sports:

A preview of the USA Cricket vs. ACE (MLC) May 18 bankruptcy hearing: what will be litigated
(DBN)

Botafogo's SAF admits it is on the brink of bankruptcy
(DBN)

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Crypto:

Law firm Fenwick & West sued for $525M over alleged role in FTX collapse
(DBN)

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Prediction Markets:

Perfect Timing, Big Payouts: Insider Trading Red Flags Emerge on Polymarket
(DBN)

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Cruise Lines:

France Bars 1,700 Cruise Passengers From Leaving Ship After Dozens Get Sick
(DBN)

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Water:

Climate change is threatening Americans' water — and sending bills soaring
(DBN)

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Education:

Will St. Augustine's sell off land to survive? Who still works there? What to knowBreak-ins rattle St. Augustine's as bankrupt university struggles to secure campus20 broken windows and $10,000 worth of damage at Saint Augustine's University, Raleigh police say
(DBN)

Oakland City University employee paychecks delayed again, school says
(DBN)

Money woes close a small Michigan college. It’s not alone
(DBN)

Why U.S. Test Scores Are in a ‘Generation-Long Decline’
(DBN)

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Autos:

Judge signs off on sale of First Brands company TMD
(DBN)

Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
(DBN)

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Radio:

Global One Media shifts from Chapter 11 to Chapter 7 liquidation
(DBN)

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Fintech:

As one of America's biggest Fintech startup Parker files for bankruptcy; CEO shares 6 'mistakes' he says would not repeat
(DBN)

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Student Debt:

Millions Of Student Borrowers Fall Into Default As Payment Collection ResumesDefaults Hit 2.6 Million In Early 2026US Household Debt Hits $18.8 Trillion As Student Loan Delinquencies Surge
(DBN)

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Sovereigns:

Venezuela launches effort to redo its $170 billion debt load
(DBN)

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UK:

Waldorf Production UK PLC Restructuring Plan 2 Sanctioned: No Special Status For HMRC
(DBN)

Will L&G be the City’s next domino to fall?
(DBN)

IPs with residential tenanted properties on your cases – have you sent an Information Sheet to tenants?  Time is running out
(DBN)

Father claims he was hounded by 'threatening' debt collectors after passing through unlawful LTN
(DBN)

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Canada:

Algoma Steel continues to grapple with U.S. tariffs as net loss widens
(DBN)

Consumer insolvencies in first 3 months of 2026 hit highest level since 2009
(DBN)

Ontario Is Now Ground Zero For Canada’s Consumer Insolvency Surge
(DBN)

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China:

The Lecturer and Philosopher King: Xi Jinping Behind Closed Doors
(DBN)

Xi greets Trump with ominous speech about the risk of war with China: 'Beware the Thucydides trap'
(DBN)

Krugman: A Failing, Flailing President Supplicates Xi
(DBN)

How the Trump-Xi meeting became ‘the shrinking summit’
(DBN)

Trump lands in China: Meeting of the dueling superpowers
(DBN)

What CEOs from Tesla, Nvidia and over a dozen other companies hope to gain by joining Trump in China
(DBN)

Donald Trump demands Xi Jinping ‘open’ China to US businessXi Jinping tells Nvidia, Tesla and Apple CEOs that China will ‘open wider’
(DBN)

What China’s Choice of Airport Greeter Says About TrumpTrump reportedly 'humiliated' after rival leader snubs president at airport: 'Rocky start'
(DBN)

Melania Trump skips China state visit
(DBN)

Eric Trump, Who Runs the Family Business, Hops Along on the Plane to China
(DBN)

JD Vance left 'Home Alone' as Veep makes biting joke about being cut out of China summit
(DBN)

China tweaks Rubio’s name to bypass travel ban for Trump-Xi meeting
(DBN)

China gains major edge on U.S. amid Iran war, intelligence report finds
(DBN)

Trump marks symbolic end of unipolar era by openly stating: "The two superpowers" are US and China
(DBN)

The Trump-Xi ‘grand bargain’ that strikes fear into Taiwan
(DBN)

Trump’s China policy is nearly the exact opposite of what everyone expected
(DBN)

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Australia:

Trump Tower in Australia abandoned over president’s ‘toxic’ brandWhy was Australia’s Trump Tower project scrapped so quickly?
(DBN)

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Mexico:

CIA escalates secret war on cartels with deadly operations inside Mexico
(DBN)

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MENA:

Gulf Countries Arrest Shiite ‘Traitors’ Amid War With Iran
(DBN)

Board of Peace envoy says stalled ceasefire hinges on disarmament of Hamas
(DBN)

Congress confronts new questions about US stockpiles, Iran firepower
(DBN)

Chinese Firms Plot Secret Arms Sales to Iran, U.S. Officials Say
(DBN)

President Obama on Iran: ‘We pulled it off without firing a missile’
(DBN)

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Cuba:

As the US starves it of oil, Cuba is pulling off one of the fastest solar revolutions on the planet — with China’s help
(DBN)

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Singapore:

Acceptance of Recommendations by the Committee to Enhance Singapore's Corporate Restructuring and Insolvency Regime Following Public Consultation
(DBN)

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India:

IBBI Amends Regulations To Appoint Its Nominee Directors On Insolvency Professional Agency Governing Boards
(DBN)

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Japan:

Japan biz bankruptcies hit 12-year high for April
(DBN)

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