May 27, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Law Firms Aren’t Losing Power. They’re Losing The First Move.
(DBN)

Bankruptcy as Presidential Resistance
(DBN)

Biglaw Culture Is Fueling The Associate Lateral Churn
(DBN)

Private Equity Woos Personal Injury Law Firms With Profits, Tech
(DBN)

Wiley Rein Sued for Exposing Sensitive Info After Cyberattack
(DBN)

UK law firm Pinsent Masons reprimanded by court over AI error Pinsent Masons AI Error Shows Why Courts Will Not Let Lawyers Outsource Legal Judgment
(DBN)

Lawyer abandons ex-JPMorgan banker hours before court hearing in bombshell twist
(DBN)

Hogan Lovells Doesn’t Expect Its Mega-Merger With Cadwalader To Be A Headache
(DBN)

Woman accused of shooting 2 lawyers outside courthouseBiglaw Attorneys Shot Outside Courthouse After Contentious Hearing
(DBN)

Lawyer Lands In Doghouse After Disturbing Bestiality Allegations Surface
(DBN)

Claude For Legal And Access To Justice: The Good, The Bad, And The Unknown
(DBN)

In West Texas, an unlikely alliance stands against extending the border wallImmigration courts are using a new tactic to speed up deportationsCubans, Many in the US for Decades, Deported to Mexico
(DBN)

As Trump Politicizes Justice Dept., Prosecutors Struggle With Grand Juries
(DBN)

The DOJ Purge’s Latest Target: Prosecutors Who Enforced Federal Abortion Clinic Protections
(DBN)

Southern Poverty Law Center Moves to Toss ‘Vindictive’ Charges
(DBN)

Jan. 6 Defense Attorneys Face Legal Hurdle as Copyright Dispute Continues
(DBN)

Todd Blanche Is Trump’s Legal Enforcer. But There’s One Wild Case From His Past He Can’t Seem to Escape.
(DBN)

James Comey’s seashells photo trial delayed until October
(DBN)

DC and New Jersey impose curfews on out-of-control teenagers
(DBN)

‘Wrench attacks’ leave crypto billionaires living in fear
(DBN)

UCLA students formed Jewish exclusion zone, beat them unconscious, attacked with sticks: suit
(DBN)

Dog shoots woman at convenience store
(DBN)

Reporter who investigated Jeffrey Epstein is ‘fleeing’ the US after alleged ‘direct energy weapons’ attack
(DBN)

Woman who disappeared after getting snacks at gas station was murdered by her mom: Police
(DBN)

Teen road rager shot pregnant woman on drive home from maternity checkup: Cops
(DBN)

Dad admits to gunning down kids in bed with .380 as they woke up for school, killing son
(DBN)

Man killed woman who was collecting evidence to put him behind bars, police say
(DBN)

Mom massacres her 2 kids, kills herself after sending 'horrific' texts to their dad
(DBN)

Woman unloaded can of wasp spray on driver she said threatened to shoot her: Police
(DBN)

Man confronted about affair threatens his wife and sets her dogs on fire, cops say
(DBN)

Democratic attorneys general snub Vance’s anti-fraud roundtable at White House after late invite
(DBN)

California's Infamous "Tesla Road Rage Driver" Is Going to Prison in Hawaii After Attacking a Mother and Daughter
(DBN)

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Judges:

With support from AI, more pro se cases hit court dockets
(DBN)

Supreme Court’s John Roberts Faces Impeachment Resolution from Democrat
(DBN)

Federal Judge Had Sex In Chambers Bringing New Meaning To Gavel BangJudge Had Sex in Chambers in Earshot of Clerks, Panel Says
(DBN)

DOJ swears in largest-ever class of new immigration judges
(DBN)

DOJ Attorney Misconduct Wave Fueled in Part by Court Deference
(DBN)

How Callais broke the Voting Rights Act and weaponized the equal protection clause: part 1
(DBN)

Court Rejects Alabama House Map, Calling It Unfair to Black VotersTrump judges go scorched earth on 'racist' MAGA power grab
(DBN)

Clarence Thomas issues dissent as Supreme Court hands California major winSupreme Court tosses lawsuit over drivers’ licenses issued to undocumented immigrantsClarence Thomas faces blistering criticism for 'flagrant nonsense' dissent in new ruling
(DBN)

Supreme Court rejects NFL’s bid to move Black coach’s bias claims into arbitration
(DBN)

Supreme Court rejects cop’s bid to toss excessive force claim from a George Floyd protest
(DBN)

Supreme Court Reverses Ruling in Immigration Judges’ Free Speech Lawsuit
(DBN)

Supreme Court Tells Meta To Lick Their Lower Court Wounds
(DBN)

Broadside Against Supreme Court Term Limits Misses The Mark
(DBN)

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Wall Street:

Stock futures jump as Micron continues epic run and oil declines
(DBN)

The risk premium for holding stocks over bonds is vanishing
(DBN)

Here's how much Elon Musk's best friend who lent $1 million when Tesla was at the brink of bankruptcy will earn from SpaceX IPO
(DBN)

Why inflation, not growth, is what really matters for the stock market
(DBN)

Why double-digit earnings growth won't stop the next bear market
(DBN)

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Layoffs:

99 Percent of CEOs Are Preparing to Lay Off Workers and Replace Them With AI Within Two Years, Survey Finds
(DBN)

Groupon to cut hundreds of jobs in AI-focused revamp
(DBN)

SF nonprofits brace for 1,000 layoffs as Lurie eyes millions in budget cuts
(DBN)

This $4 Billion Startup Just Laid Off 22% of Employees — So It Can Offer Remaining Staff $1 Million Salaries
(DBN)

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Sports:

Shilo Sanders To Walk Away From NFL With $11.89M Debt He Can’t EscapeShilo Sanders bankruptcy: Deion ‘will cut his own head off’ before giving in
(DBN)

'A Lot' Of People In College Football Could Be Headed To Bankruptcy
(DBN)

Colorado Avalanche legend Jack Johnson parents sentenced after long-running bankruptcy fraud investigation linked to finances of former NHL defenseman
(DBN)

“The most unusual settlement I’ve ever been asked to approve in 22 years”: inside the May 26 closing arguments in the USA Cricket–ACE/MLC bankruptcy
(DBN)

All Blacks legend on the verge of bankruptcy
(DBN)

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Tech:

Amid heavy AI use, workers say their skills are atrophying
(DBN)

ECB says private-credit fueled AI boom poses risk to financial system
(DBN)

5 ways Pope Leo says AI could warp humanityGandalf, Picasso and MLK: Cultural references ground Pope Leo’s AI warningPope Leo is concerned about AI replacing human work. Traders share his concern long term Vance calls Pope Leo’s AI warnings ‘profound’Pope Leo’s ‘AI encyclical’ says a lot but critics say it misses the mark
(DBN)

AI radio hosts demonstrate why AI can’t be trusted alone
(DBN)

Fake academic journals are publishing AI-generated papers under real professors’ names
(DBN)

Micron hits $1 trillion market cap for the first time as stock surges 18%
(DBN)

AI’s mixed economic signals
(DBN)

Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it
(DBN)

Largest study of AI hiring algorithms to date finds 'clear racial disparities' — over 25% of Black applicants tainted by bias
(DBN)

How AI compares to 11 other capital-spending explosions: When they bust - and boom again
(DBN)

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Consumer Finance:

More Americans miss payments on popular buy now, pay later loans
(DBN)

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Tourism:

Tourism to USA plummets for first time in decades
(DBN)

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Defaults:

Credit Defaults Hit Record 6% As Private Lending Market Faces Stress From Higher Rates
(DBN)

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Agribusiness:

Minnesota led the nation in farm bankruptcies in the first quarter, and farmers are anxious
(DBN)

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Climate:

UK and Europe shatter heat records in ‘mind-boggling’ May
(DBN)

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Economy:

Gas is up 51% since February. Americans just started buying less of everything else
(DBN)

How did Jay Powell do at the Fed?
(DBN)

Consumer confidence gauges show different degrees of disenchantmentConsumer confidence sags; most households cut spending due to inflation
(DBN)

Americans feel worse than ever, a consumer survey shows. The White House says that's bunk. Who's right?
(DBN)

America is becoming less neighborly, and it’s hurting Gen Z and millennials’ chances at economic mobility
(DBN)

'I have bad news': Trump's grocery price fix sunk as analysts reveal microscopic savings
(DBN)

The bond market is telling us the free lunch is over
(DBN)

The pig in the python: Baby boomers are strangling the economy they built by refusing to move or retire
(DBN)

Barriers grow for international students seeking U.S. jobs: The ‘American dream ... is collapsing’
(DBN)

How 'income stacking' became the answer to the economic crisis
(DBN)

Trump 'risks triggering a global financial crisis due to Iran war and unpredictable trade policies'
(DBN)

US Companies Shamed by Trump Tiptoe Into Tariff-Refund Race
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Case-Shiller: National House Price Index Up 0.7% year-over-year in March
(DBN)

Mortgage refinance demand drops 18% as rates hit highest level since August
(DBN)

America’s housing market decline is no longer just a Sun Belt story—LA and Dallas are tumbling, too
(DBN)

The 20 states where people are having the most trouble paying for their homes
(DBN)

California’s crippling home insurance market faces massive shake up as savior emerges
(DBN)

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Municipalities:

America's fastest-growing city has a message: "We're full"
(DBN)

Seattle Schools Could Go Bankrupt in 10 Months?
(DBN)

NH: House, Senate Quickly Agree on Plan to Help Financially Troubled School Districts
(DBN)

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Oil/Gas:

The new oil order that could emerge from an Iran deal
(DBN)

Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
(DBN)

BP removes board chair, citing "conduct" concernsBP removes chair Albert Manifold after claims of bullyingIs BP ungovernable? Chair’s ousting over ‘bullying’ fuels fresh cycle of chaosBP is deeply dysfunctional, but it could be worseBP’s ousted chairman Albert Manifold disputes accusations over his conduct
(DBN)

Global oil prices climb back toward $100 a barrel after U.S. launches new strikes in southern Iran despite potential deal
(DBN)

Today’s windfall is a warning for state oil companies
(DBN)

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Retailing:

5 reasons why Saks Global’s post-bankruptcy forecast is far-fetched
(DBN)

‘Dark Horse’ retailer shutters all locations after 46 years
(DBN)

Gen Z demands bigger bargains - driving gains for discounters like Walmart and Ross
(DBN)

QVC Preferred Shareholders Challenge Bankruptcy Plan
(DBN)

Can GLP-1 drugs save the mall?
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Republicans stare down inflation abyss with midterms fast approaching
(DBN)

Trump faces questions about age and health as he heads to Walter ReedMajor red flag at Trump medical visit suggests it was far from routine: onlookerTrump says he ‘checked out perfectly’ after three-plus-hour physical exam
(DBN)

With Trump’s Backing, Paxton Routs Cornyn in Texas Senate G.O.P. RunoffDid Donald Trump Just Hand Texas to Democrats?Paxton vs Talarico Is a Strange War of Masculinity
(DBN)

Rogan Trashes 'Crazy' $1.8 Billion 'Slush Fund': 'Nuts!'
(DBN)

Krugman: The Dumpster Fire of the Vanities - America descends into a flattery-failure doom loop
(DBN)

Trump administration proposes NDAs for federal workers to crack down on leaks to journalists
(DBN)

Trump Is the Only Person Who Can Save America, According to His Cabinet
(DBN)

Trump Phone’s Golden Color Gets Savage ReviewTrump Mobile Launch Hit by Controversy After YouTubers Expose Major Data Leak
(DBN)

Trump hobbled top cyber agency just as AI learned to hack
(DBN)

Dems eyeing 2028 bids court Warren
(DBN)

Blue Wave, Red Seawall: The 2022 Lesson Democrats Can’t Ignore
(DBN)

California influencer disclosures offer a glimpse at how secret money distorts American politics
(DBN)

Sen. Schiff takes on Trump’s ‘anti-weaponization’ fund
(DBN)

Texas’ Redistricting Creates Intraparty Clashes Over House Seats
(DBN)

MAGA Conspiracy Theorist Who Hates Trump Is Shock 2028 Insurgent
(DBN)

South Carolina’s redistricting effort fails in the state Senate with GOP oppositionClyburn’s seat survives for now as South Carolina Republicans buck Trump on redistricting
(DBN)

Federal court blocks Alabama from using GOP-drawn congressional map
(DBN)

G.O.P. Candidate for Governor Leans Into His Election Denialism
(DBN)

CFPB Investigating Community Lenders Targeted By Trump For Cuts
(DBN)

____________

Software:

Goldman Sachs just ran some ugly numbers on the SaaSPocalypse—and found hedge funds are dumping software and piling into semis
(DBN)

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Food/Beverage:

Planta exits Canada, but remaining U.S. units show signs of turnaround
(DBN)

Pizza robot company Picnic shuts down
(DBN)

Uncle Nearest receivership expanded to include company that hid Jay-Z loanWhere Uncle Nearest stands now
(DBN)

Clover Food Lab will close Thursday
(DBN)

Seafood chain Red Lobster closes more locations after bankruptcy exit
(DBN)

____________

Chemicals:

Trinseo files for bankruptcy, will be owned by creditors
(DBN)

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Golf:

Dustin Johnson Fires Back With Blunt 3-Word Response Amid LIV Golf Bankruptcy Talks
(DBN)

Bankruptcy filing saves part of former Royal Virginia golf course from foreclosure
(DBN)

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Student Debt:

My student loans are paused until 2028. Should I pay them now anyway?
(DBN)

____________

Fraud:

First Brands hit by $286 million claim for alleged tariffs fraud
(DBN)

Kansas woman loses $11,000 in Social Security benefits to Publishers Clearing House scam
(DBN)

____________

Horse Racing:

Hawthorne Race Course alleges Illinois official steered funds to rival track amid bankruptcy battle
(DBN)

Fairmount May Face Questions in Hawthorne Bankruptcy
(DBN)

____________

Debt Collection:

Is AI Taking Over Debt Collections?
(DBN)

____________

Rail:

Fortress’s Brightline Private Railroad Teeters Under Heavy Debt Burden
(DBN)

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Religion:

Rebel Catholic Group Reveals New Bishops Despite Vatican Warning
(DBN)

Trump officials split over Pope Leo’s AI warning as Vatican feud enters new front
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (39 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Map Shows Where Bankruptcies Are Soaring
(DBN)

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Committees:

The Creditors' Committee – Pros and Cons of Membership
(DBN)

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Bankruptcy Alternatives:

Evolution of California’s ABC Laws: Illustrating Why Change Is Needed In Other States
(DBN)

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Aviation:

American Airlines picks SpaceX’s Starlink for in-flight Wi-Fi on more than 500 planes
(DBN)

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Awards:

Chambers 2026 Associate Satisfaction Surveys 2026
(DBN)

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Consultants:

How AI threatens the giants of consulting
(DBN)

____________

Prediction Markets:

The Average Guys Outsmarting Wall Street on Prediction Markets
(DBN)

____________

Space:

Space agency snubs Elon Musk and makes deal with Jeff BezosNASA partnering with Blue Origin for moon base 'size of large city'
(DBN)

China Launches Synthetic Human Embryos to Space Station
(DBN)

____________

Crypto:

Sam Bankman-Fried's FTX fallout continues: Former advisor to collapsed crypto firm to pay $54 million settlement
(DBN)

The Great “ATM Crackdown” & Bitcoin Depot Bankruptcy:
(DBN)

UK imposes sanctions on crypto exchange tied to billionaire Justin Sun
(DBN)

____________

Healthcare:

Leon County jail nurses might finally see paycheck this week
(DBN)

It’s not just kids: Trump’s crackdown on trans healthcare extends into adulthood
(DBN)

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Nuclear:

U.S. Seeks to Give Weapons-Grade Plutonium to Start-Ups for Reactor Fuel
(DBN)

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Personal Finance:

Americans are ‘entrenched’ in financial stress amid debt and price pressures
(DBN)

'I feel like I'm living a lie': My husband and I pretend we're strapped for cash in front of friends. Is that bad?
(DBN)

I almost fell for a scammer. This one rule saved me - and could help you, too.
(DBN)

____________

Entertainment:

Paramount, pushing to buy Warner Bros., girds for legal challenges
(DBN)

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Autos:

First brands hit with US claim for alleged tariffs fraudU.S. Government Hits First Brands With $286 Million Claim in Underpaid Tariffs
(DBN)

Judge balks at First Brands Chapter 11 reorganization approval
(DBN)

Ferrari's €550,000 electric car looks like a Nissan, says the internet
(DBN)

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Hotels:

Filing Alert: Pacific Stay Hotel Chapter 11
(DBN)

____________

UK:

HMRC versus Restructuring Plans
(DBN)

Clothing chain to close all stores by next month
(DBN)

BBC Deploys Debt Collectors To Recover Millions In Unpaid Fees
(DBN)

One in three businesses seriously concerned by overseas conflict
(DBN)

2026 Credit & Collections Industry Award winners revealed
(DBN)

____________

EU:

Banks Shed $500 Billion of Corporate Loan Risk in Europe
(DBN)

Trump's secret NATO ultimatum sparks panic as US 'pulls jets, bombers and every submarine from Europe'
(DBN)

Nation forced to act after Trump, confuses them for target
(DBN)

____________

Canada:

Mortgage delinquencies in Ontario and B.C. climbed sharply in first quarter
(DBN)

Dozens of pre-sale purchasers in troubled Lower Mainland condo tower claim contracts invalid
(DBN)

Canadians increasingly struggle to keep up with mortgage payments, report says
(DBN)

Equifax Canada shows insolvency volumes are at 2009 levelsTwo unsurprising hotspots are driving Canada’s insolvency surge
(DBN)

Georgetown seafood processor to receive P.E.I. government financing after creditor protection application
(DBN)

____________

Romania:

Significant Rise in Insolvencies Among Large Romanian Companies in Q1 2026
(DBN)

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MENA:

Iran’s Economic Collapse Pushes Businesses Toward Bankruptcy as Consumers Struggle to Survive
(DBN)

USA Bombs Iran Hours After Negotiators Arrive for 'Peace Talks'Iran Threatens to Retaliate for U.S. Strikes as Talks ContinueTrump still thinks he’s winning in Iran Iran accuses US of ‘flagrant’ ceasefire violations as back-channel talks continueProspects fade for imminent end to Iran war as attacks restartSupreme leader says Jewish State will not exist in 15 yearsWhen Iran thumbs its nose at the ceasefire, the Trump administration shrugsIran’s hardliners are sabotaging their own government’s peace talks
(DBN)

Israel Steps Up Strikes in LebanonIsrael’s Expansion of Lebanon War Forces Tough Choices on US and Iran
(DBN)

Donald Trump’s Board of Peace fund is empty
(DBN)

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Netherlands:

Bankruptcies down by 12 percent in April, year on year
(DBN)

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New Zealand:

Insolvencies may have peaked but firms remain under pressure
(DBN)

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Turkey:

Unpaid loans sent to debt collectors jump 68 percent in Turkey in a year
(DBN)

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Poland:

Fewer Insolvent Companies in Poland at the Start of 2026, but Experts Warn Pressure May Return
(DBN)

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Mexico:

Fears serial killer on loose in Puerto Vallarta
(DBN)

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China:

China Targets Trump’s Top Ally in Pacific
(DBN)

____________

Singapore:

Singapore Bankruptcy Cases Jump 27% in Q1 2026, May 27
(DBN)

From overspending to business failures: Why more people end up bankrupt in Singapore
(DBN)

Byju Raveendran sentenced to 6 months jail by Singapore court in contempt case over asset disclosureIndia Byju's founder faces Singapore contempt order over unpaid funds, source says
(DBN)

____________

India:

Reshaping India’s Insolvency Landscape: A Practitioner’s Guide to the Insolvency and Bankruptcy Code (Amendment) Act, 2026
(DBN)

Government operationalises amended insolvency law, sets 14-day admission deadline for NCLT
(DBN)

Supreme Court clarifies scope of veil piercing and group insolvency under the Code
(DBN)

____________

Germany:

German branch of Oil & Vinegar insolvent following parent company’s bankruptcy
(DBN)

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