May 15, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Trump’s Law Firm Targeting Over Security Queried by Judges
(DBN)

The Trump Administration’s Best Argument For Its Biglaw EOs Is That You Just Have To Trust The President
(DBN)

'I don't think you want to open that door': Trump DOJ stuns opponent with extreme defense of law firm executive orders that could boomerang on MAGA
(DBN)

We're OK with WFH lawyers, say clients
(DBN)

Private equity backers slam ‘runaway’ legal costs from top law firms
(DBN)

Happy to reach out, but how? Do clients prefer texts or emails, and what makes the most sense for counsel?
(DBN)

Teen prodigy becomes one of youngest to graduate from law school
(DBN)

Meta’s Legal Operations Chief Foresees Decline of Billable Hours, Advocates for Value-Based Billing Shift
(DBN)

Colorado Enacts Law Banning Fee Sharing with Non-Lawyers, Reinforcing Traditional Legal Boundaries
(DBN)

Prospect of Murdaugh Retrial Puts Rural South Carolina Back in Spotlight
(DBN)

U.S. Set to Drop Charges Against Indian Billionaire Accused of Fraud
(DBN)

Anthropic launches Claude for Legal, expands generative AI offerings for lawyersAnthropic Goes All-In On Legal, Releasing More Than 20 Connectors And 12 Practice-Area Plugins For Claude
(DBN)

Fewer law school grads head to government, public interest or clerkship jobs
(DBN)

The Law Schools Where The Most Graduates Got Government Jobs (Class Of 2025)
(DBN)

The Law After Tomorrow: A Fictional Look At AI, Legal Work, And The World Between 2026 And 2050
(DBN)

U.S. Border Patrol Chief Mike Banks resigns in latest shakeup of immigration leadershipBorder Patrol chief Michael Banks hit with prostitution allegations by agentsGreen Card Holders Targeted for Deportation by New ‘Removal Apparatus’
(DBN)

Southern Poverty Law Center got rich opposing Trump. Now he’s trying to crush it.
(DBN)

Emails show FBI Director Kash Patel's Hawaii trip included 'VIP snorkel' at a Pearl Harbor memorial
(DBN)

Whistleblower attorney targeted by Trump appears before DC Circuit
(DBN)

Man who threatened to assassinate Trump won't spend another day behind bars
(DBN)

DOJ Sues D.C. Bar For Holding Trump Lawyers To Ethical Rules
(DBN)

Comey says he 'never' considered asking Biden for preemptive pardon
(DBN)

Acting AG Todd Blanche was told last year to recuse from Justice Department matters involving Trump
(DBN)

Employees sue USDA secretary over ‘increasingly proselytizing’ Christian emails
(DBN)

Publix backtracks on open carry after allowing guns in Florida stores
(DBN)

FBI sought to interview top election official in Wisconsin's Milwaukee County
(DBN)

Man known for racially derogatory livestreams charged with attempted murder after Tennessee shooting
(DBN)

Son shot dad to death as he was 'kicking him out' of apartment: Police
(DBN)

Man walked into Walgreens covered in blood after murdering mom and aunt for evicting him
(DBN)

NY accountant murdered in Jamaica during birthday trip, sent chilling pleas to family before death
(DBN)

Killer Utah mom Kouri Richins offers sons bizarre piece of advice during sentencing for husband’s murder
(DBN)

Arrogant tourist arrested week after viral video caught him hurling rock at beloved seal Lani in Hawaii
(DBN)

NYC subway guard hired to fight fare evasion caught on camera taking cash to open gates
(DBN)

How discarded chewing gum helped convict a serial rapist of two cold case murders
(DBN)

7-year-old called cops on dad who left him alone in car to gamble on skill machines: Cops
(DBN)

ER doctor fatally struck pedestrian, drove around victim and went to work minutes later
(DBN)

Rep. Max Miller files defamation suit against ex-wife in escalation of long-running divorce feud
(DBN)

Texas puts man to death for a retired professor's killing in its 600th execution since 1982
(DBN)

Grandson stabbed grandma 11 times because he didn't want to bring in her groceries: Police
(DBN)

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Judges:

Federal judge orders Trump administration to bring back a Colombian women who was deported to Congo
(DBN)

Democrats are going there on attacking the Supreme Court. Here’s what it could mean
(DBN)

Becoming Justice Gorsuch
(DBN)

Supreme Court allows abortion pill to remain available by mail nationwideAlito, Thomas dissentsA split on the right: Ban abortion nationwide or leave it to the states?
(DBN)

DOJ Gets Nuked By RI Judge For ‘Appalling’ Lack Of Candor
(DBN)

R.I. judge blocks DOJ from obtaining medical records of transgender youth, calling the demand a ‘drastic overreach’
(DBN)

DOJ lawsuit over Jeffrey Clark disbarment will be overseen by Trump critic
(DBN)

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Wall Street:

Stock futures fall after Trump-Xi summit ends
(DBN)

Wall Street finished higher as the S&P 500 tagged 7,500
(DBN)

War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?
(DBN)

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Layoffs:

Takeda to shed 4,500 jobs as part of cost-cutting drive
(DBN)

Mass layoff wave slams Texas aviation industry amid Spirit shutter
(DBN)

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Media:

Why Ben Shapiro’s Media Empire Is Collapsing
(DBN)

Israel to sue New York Times for libel
(DBN)

Florida News Site Shuts Down After Getting Busted for Fake AI Reporters, Stolen Content — Even a Fake Editor-in-Chief
(DBN)

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Food/Beverage:

Fat Brands accuses one of its lenders of fraud
(DBN)

Popular Latin American chain could face bankruptcy, potential restaurant closures amid financial restructuring
(DBN)

Smoking Monkey Pizza restaurant chain files Chapter 11 bankruptcy
(DBN)

50-year-old pizza chain collapses, closing all stores across the US
(DBN)

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Autos:

First Brands windup should be run by trustee to lower costs, US says
(DBN)

Honda just lost money for the first time in 70 yearsHonda shares rise over 7% as investors shrug off first operating loss in nearly 70 years
(DBN)

Personal truck loan highlights deepening US auto debt risks
(DBN)

Auto Loan Delinquencies Hold Near 3% In First Quarter
(DBN)

Auto loan delinquency rates increased more slowly in Q1
(DBN)

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Consumer Protection:

CFPB Ex Chopra To Lead California Consumer Agency
(DBN)

CFPB Workers Returning To Office Following White House Closure
(DBN)

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Climate:

El Niño is coming faster than expected and chances are rising that it will be historically strong
(DBN)

Why so much of the Southeast has been on fire
(DBN)

UK halves funding to flagship global climate fund
(DBN)

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Non-Profits:

Greenpeace verdict: Group appeals $345M ruling that threatens legal bankruptcy
(DBN)

Nonprofit CEOs say Trump’s economy is driving surging demand—and they’re pushed to the brink
(DBN)

D.C. Judge Orders Former Nonprofit Executive Director To Pay Back $1M
(DBN)

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Economy:

Consumer Loan Delinquencies Holds Steady In First Quarter Of 2026
(DBN)

He Was Good at Steering the Fed, but He Was a Genius at Ignoring Trump’s Threats
(DBN)

Wall Street no longer believes that Kevin Warsh can do what Trump wantsKevin Warsh now gets to prove he isn’t Donald Trump’s ‘sock puppet’Why Warsh wants the Fed to keep quiet
(DBN)

Fed Governor Miran submits resignation, throws support behind Warsh as new chair
(DBN)

Filings for jobless benefits rise, the war in Iran drags on, clouding economic forecast
(DBN)

Scope of Trump’s Next Tariffs Loom as Key to Legal Challenges
(DBN)

Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation
(DBN)

The great global bond freakout
(DBN)

Global Bond Selloff Worsens as Rising Oil Prices Spook Investors
(DBN)

Retail sales slow to 0.5% growth as inflation erodes affordability
(DBN)

Small cities in big Texas metro areas lead as the fastest growing municipalities in the US
(DBN)

Burned out and going nowhere: The American worker is too mentally drained to even look for a new job
(DBN)

Business formations hit all-time high as 'under-employed' Americans turn to side hustles to make ends meet
(DBN)

Americans rethink Social Security timing as longer lifespans and insolvency fears raise the stakes
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

MBA: Mortgage Delinquencies Increased in Q1 2026
(DBN)

U.S. Foreclosure Filings Spike 18%: Delaware, South Carolina, and Florida Top the List
(DBN)

Part 1: Current State of the Housing Market; Overview for mid-May 2026
(DBN)

N.Y.C. Second-Home Tax May Affect Homes With $1 Million ‘Market Value’
(DBN)

The hidden underwriting exposure of AI data centers
(DBN)

Why Lahaina remains largely untouched nearly 3 years after the fire
(DBN)

Miami is getting much richer. It’s also getting smaller.
(DBN)

Pimco, L&G Sued Over €1.2 Billion Brussels Skyscraper Valuation
(DBN)

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Oil/Gas:

New Fortress Energy Takes $6.5 Billion Debt Plan to London CourtNew Fortress Energy Seeks 90% Debt Cut In Creditor-Led Restructuring
(DBN)

Venezuela Says Refiner Citgo's Value Has Increased, Calls for Halting Sale
(DBN)

Why Has Oil Not Gone Higher in Wake of USA-Iran Conflict?
(DBN)

Oil prices surged as Trump says China will buy US crude after Xi talks
(DBN)

Trump says he will soon make decision about sanctions on Chinese companies buying Iranian oil
(DBN)

JP Morgan Warns Oil Could Average $151 in Q4
(DBN)

White House scrambles for gas-price relief as Iran war drags on
(DBN)

Americans are shelling out for higher gas prices while cutting back on some goods
(DBN)

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Municipalities:

Money woes cut off Sauk Village phone lines for days; police chief personally pays to gas up squad cars
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Trump's own Boston Tea Party is about to wreck his summer
(DBN)

A golden statue of Trump draws mixed reactions at his golf course
(DBN)

Trump ethics filing reveals thousands of trades tied to U.S. stocksTrump traded Nvidia, Boeing, Intel in flurry of transactions
(DBN)

GOP lawmakers giving Trump ‘the stiff arm’ as president’s leverage implodes: analysisNervous GOP lawmakers cringing at midterm ‘MAGA Majority’ campaign blitz: report
(DBN)

South Carolina governor expected to call special session on redistricting
(DBN)

Georgia Gov. Brian Kemp calls special legislative session to redraw congressional map after Supreme Court ruling
(DBN)

Kentucky Republicans love Trump. Will they ignore him and reelect Thomas Massie?Thomas Massie Is One of a Vanishing Breed: A Republican Who Will Stand Up to Trump‘I’m afraid he won’t make it’: How Thomas Massie is handling the toughest election of his career
(DBN)

Why the Migrant Child Crisis Is Roiling the California Governor Race
(DBN)

Golden Dome chief pushes back on $1.2 trillion CBO estimate
(DBN)

‘No Cameras Where Tom Is’: Mystery of a Congressman’s Absence Deepens
(DBN)

House Ethics panel investigates sexual harassment claims against Chuck Edwards
(DBN)

Newsom says Dems have 'break-the-glass' contingency plan for California gov's race
(DBN)

Dems demand Lutnick resign over Epstein interview: ‘You lied’
(DBN)

The far-Right has got a new weapon: glamorous young women
(DBN)

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Tech:

Workers are getting paid to teach AI how to do their jobs
(DBN)

Humanity faces an uncertain fate as experts brace for superintelligent AI
(DBN)

What bank execs are saying AI is doing to their workforces, from 'human assembly lines' to redeployment plans
(DBN)

AI-generated pro-Spencer Pratt mayoral campaign videos point to a new political reality
(DBN)

China Doesn’t Worry About A.I. Like We Do
(DBN)

Meta’s New Reality: Record High Profits. Record Low Morale
(DBN)

Trump says China will ‘invest hundreds of billions’ in US tech companies whose CEOs met with Xi
(DBN)

Claude is telling users to go to sleep mid-session and nobody, including Anthropic, seems to fully understand why it keeps doing it
(DBN)

Anthropic agrees terms of $30bn funding deal at $900bn valuation
(DBN)

Meta’s $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state’s entire police budget
(DBN)

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Crypto:

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

Ex-Celsius exec sentenced to time served after guilty plea
(DBN)

It’s a more secret version of Bitcoin and it’s on a tear
(DBN)

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Retailing:

What Could One Banana Cost? $10? Maybe for You, Some Fear.
(DBN)

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Trucking:

Filing Alert: Bullet Energy Services Chapter 11
(DBN)

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Private Credit:

UK regulator to toughen private credit reporting, sources say
(DBN)

HSBC pauses $4bn private credit investment
(DBN)

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Agribusiness:

Filing Alert: Raguse Family Partnership Affiliate Chapter 11
(DBN)

US expects China to commit billions for American farm goods, says Greer
(DBN)

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Cannabis:

US bankruptcy judge signs off on cannabis MSO’s request for protections
(DBN)

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Financial Literacy:

‘Online influencers deliver poor-quality financial advice’
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (54 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Discharge:

An Odd “Willful And Malicious Injury” Case Under § 523(a)(6) (Adair v. Stutsman)
(DBN)

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Consultants:

McKinsey set to cut partner cash in post-AI pay revamp
(DBN)

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Aviation:

Spirit’s Collapse Shows Limits of Budget Model, Delta CEO Says
(DBN)

Another airline shuts down after lost license, all flights off
(DBN)

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Education:

OCU says it has 'partnership' in place to remain open; no details given
(DBN)

BofA’s Bet on Small College’s Bonds Poised for Loss Post-Closure
(DBN)

UCSB on edge after horrific rape and strangulation
(DBN)

Some parents don’t want their kids to use tech at school. But districts are pushing back
(DBN)

Swastika flag raised at NYU, stunning many during graduation week
(DBN)

The grand tradition of suing the city for school tuition
(DBN)

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Wind Energy:

As Trump targets offshore wind, a look at the global industry by the numbers
(DBN)

Hiltzik: Trump's 'weird war' on wind power will jeopardize our energy future and cost Americans billions
(DBN)

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Student Debt:

Her $55,000 student loan balance vanished overnight — 10 months later, SoFi took her to court
(DBN)

Student Loan Defaults Surge As Treasury Assumes Collections
(DBN)

More Than 17% of Student Loan Borrowers Have Been 90-Plus Days Late on Payments at Least Once Since 2025
(DBN)

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Healthcare:

No paycheck, no answers: Alabama prison healthcare staff worry they’ll never be paid
(DBN)

ALS and the crushing cost of care: How 4 Americans face the ‘bankruptcy disease’
(DBN)

The US ranked No. 33 in health in new global rankings — who beat us and whyHow prepared is the US for another pandemic? New rankings show how we compare to other countries
(DBN)

Hantavirus Doesn’t Spread Easily, but Officials May Be Downplaying RisksFour hantavirus facts to vanquish your COVID-19 flashbacks
(DBN)

Free primary care for all: Democratic think tank pushes the party on new health policy
(DBN)

Families caring for disabled relatives face unthinkable choices as Medicaid cuts loom
(DBN)

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Accounting:

US audit regulator weighs deep staff cuts to unit overseeing accounting firms
(DBN)

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Pharma:

Jury in Boston Set to Decide Takeda’s Fate in Amitiza Antitrust Trial
(DBN)

Trump 'most favored nation' drug policy risks China R&D takeover
(DBN)

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Environmental:

Trump administration aims to relax limits on toxic wastewater from coal-fired power plants
(DBN)

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Retailing:

Retail sales growth slowed in April as higher gas costs left less room for nonessentials
(DBN)

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Religion:

Share of Americans who say religion is gaining influence reaches 24-year high
(DBN)

In new battle with Catholic Church, Feds seek Jesus-topped border peak
(DBN)

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UK:

Broadfield cuts 20% of UK partnership
(DBN)

Jet-setting pub boss banned for debt dodging scheme as creditors left out of pocket
(DBN)

SRA calls for profession to stump up extra £25m
(DBN)

Major fashion brand closes suddenly after 40 years as all staff made redundant
(DBN)

Crispin Odey and the £79mn libel battle that wasn’t
(DBN)

Water companies trust hits a new low as worries over bills deepen
(DBN)

Households cut back on spending
(DBN)

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Canada:

Too big, too fast? How a Canadian megafarm landed in creditor protection
(DBN)

Canada unveils plan to double capacity of electricity grid by 2050
(DBN)

Carney says Canada, Alberta will advance a potential crude oil pipeline
(DBN)

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MENA:

Tensions flare near Strait of Hormuz as a ship is seized and another is sunkNew attacks reported on ships near Hormuz as Trump discusses Iran with XiAs Trump Meets Xi, Iran Lets Chinese Ships Through Strait of Hormuz
(DBN)

U.A.E. to accelerate new oil pipeline project to expand ability to bypass Hormuz
(DBN)

Saudi Arabia floats Middle Eastern non-aggression pact with Iran
(DBN)

Israel prepares for renewed Iran fighting, builds target bank with US; possible Lebanon fallout
(DBN)

War worsens Lebanon's economic crisis with job losses, price gouging and slow business
(DBN)

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Cuba:

Cuba says it has completely run out of fuel, blames U.S. embargoProtests break out in Havana during Cuba's worst blackouts in decadesCuba’s energy crisis to worsen as donated Russian oil runs out, minister warnsCIA Director John Ratcliffe meets with Cuban officials in HavanaThe US and Cuba intensify negotiations as the island’s collapse deepens US plans to indict Cuba's Raul Castro, DOJ official says
(DBN)

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China:

China's terrifying WW3 'come into conflict' warning to Trump over TaiwanXi’s Taiwan warning to Trump highlights tensions in Beijing summitChaos erupts behind the scenes of Trump’s China trip — including trampled WH aideKrugman: Why Did Trump Take Elon Musk to China?Dueling priorities for Trump and Xi China Restores Beef Trade With U.S. as Goodwill Gesture for Trump VisitXi warns Trump that mishandling Taiwan could spark 'conflicts'Trump, Xi ‘settled a lot of different problems’ others couldn’t, prez says at China summit Xi hails 'landmark' Trump summit, says many outcomes achievedWinners and losers from Trump and Xi’s two-day Beijing summit Trump blames Biden for US 'declining' after Xi comments on 'Thucydides trap' Chaos erupts behind the scenes of Trump’s China trip — including trampled White House aide6 key takeaways from historic Trump-Xi China summit
(DBN)

China’s economy is entering another quarter of K-shaped growth
(DBN)

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Venezuela:

Trump’s talk of 51st US state met with near-silence in Venezuela
(DBN)

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Ireland:

More Irish-based EU nationals going bankrupt
(DBN)

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Russia:

Zelenskyy condemns Russia after strike on Kyiv apartment block kills 24
(DBN)

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India:

The Insolvency and Bankruptcy Code (Amendment) Act, 2026: A comprehensive analysis
(DBN)

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Australia:

The CEO capitalizing on the PwC, Deloitte and Luke Sayers’ scandals
(DBN)

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Singapore:

S’pore court grants winding-up petitions for 3 firms in 1MDB scandal
(DBN)

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