November 6, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw Associates Have Their Eyes On Raises And Even Bigger Bonuses
(DBN)

Paul, Weiss Would Like You To Stop Looking At Their Financials
(DBN)

A&O Shearman to devote billable hours to building AI tools as part of $1 billion investment • A&O Shearman boosts AI programme with ‘$1.1bn lawyer-led’ investment commitment
(DBN)

A deeper look into Weil’s wind-down options and timeline • Anger grows at 'shameful' Weil leaders • Latham & Watkins snaffles up stranded Weil trainees
(DBN)

AI May Speed Up Legal Research, But That Doesn’t Automatically Shrink The Bill
(DBN)

US AI-powered hybrid law firm start-up Athena raises $2.5m in pre-seed funding round
(DBN)

New Year, Bigger Paychecks For Associates At This Biglaw Firm
(DBN)

US court official arrested for allegedly tampering with Bar exam scores
(DBN)

Sheppard Follows Milbank, McDermott in Associate Salary Boost
(DBN)

Are Law Firms Whistling Past The Graveyard?
(DBN)

Texas Law Schools Weigh Return to ABA Accreditation Amid Legal Community Focus
(DBN)

BigLaw expects uptick in congressional investigations work after Democrats' wins in midterm elections
(DBN)

Democrats’ warning to ‘lawyer up’ ripples through Washington
(DBN)

Former FBI agent sues for FOIA records after bureau says he must wait years to get them
(DBN)

Prominent DC litigator dies at 65 while preparing for trial in Arizona
(DBN)

Republican Attorneys General Crash And Burn
(DBN)

Texas attorney general-elect to review state's lawsuit filed under Ken Paxton
(DBN)

This state senator wrote music for ‘Dragon Ball Z;’ will he go ‘Super Saiyan’ as new Texas AG?
(DBN)

Former Sean ‘Diddy’ Combs prosecutor will lead Cornell investigation
(DBN)

Nicki Minaj's Lawyers Say She Still Owes Them $295,000
(DBN)

Lawyer dad says he mistook son with Down syndrome for intruder, burned his body: Police
(DBN)

Harmeet Dhillon, who ran the Justice Department’s Civil Rights division, resigns
(DBN)

Democrats to probe JPMorgan’s relationship with Epstein when they take Senate control • Epstein files vote push, investigations loom after midterms
(DBN)

Melania furiously turned Trump against his own deportation chief Stephen Miller after her own friends were removed by ICE
(DBN)

California Governor Says Commuting All Death Sentences In State
(DBN)

Democratic Prosecutor Unseats 10-Term Republican in Virginia House Race
(DBN)

Inside the investigative blitz coming for Trump's corporate allies
(DBN)

Some colleges reined in frats after rapes. Experts urge a bigger fix.
(DBN)

Drunk flyer exposes himself at gate — then urinates on a mom and her young son: cops
(DBN)

Russell Brand found guilty of rape and sexual assault • Timeline: How Russell Brand Went From Comedy Star to Convicted Rapist • Russell Brand's barrister lashes out after verdict
(DBN)

Parents beat daughter for 2 to 3 hours for playing with siblings during chore time: Police
(DBN)

Going Postal: Iowa post office shooting: Employee arrested, 3 people injured
(DBN)

Son put bullet in mom's head, relaxed with her corpse and some wine
(DBN)

New Mexico Cop Charged With Taking Bribes Also Was Involved in a Bizarre Case of Drug War Infighting
(DBN)

College student at friend's house shoots man in the neck while 'smiling': Police
(DBN)

Mom indicted after 4-year-old found gun in car and fatally shot her 2-year-old son: Cops
(DBN)

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Judges:

BK WD NC: Judge George R. Hodges is recalled into service as a United States Bankruptcy Judge
(DBN)

Retirement Talk For Alito And Thomas Gets Awkward After Democrats’ Senate Win
(DBN)

The Midterms and the Courts, Part I
(DBN)

Republicans are set to violate more norms in pursuit of confirming Trump’s judicial nominees • Trump appears to nominate Justice James Sullivan, defeated in this week’s elections, to the Western District of Texas
(DBN)

Midterms 2026 analysis: No more Trump judges.
(DBN)

Justice Dept. Steps Up Criminal Inquiry of Supreme Court Abortion Decision Leak
(DBN)

NY appeals panel eyes presidential immunity, Trump's hush money conviction
(DBN)

Supreme Court Reform Is Now Unnecessary for Democrats
(DBN)

Who Is Elena Kagan? Ideology, strategy, and the art of disagreement
(DBN)

Court to consider the reach of Article III courts
(DBN)

Trump DOJ stalls judge’s probe into whether prosecutors lied about White House contacts
(DBN)

Mexican judge arrested and accused in US with taking bribes in international drug trafficking case
(DBN)

Judge blocks Trump’s 250-foot arch after plan approved
(DBN)

Court weighs Trump’s appeal in the Stormy Daniels hush money case
(DBN)

Democratic Senate Expected To Curb Trump's Judicial Picks
(DBN)

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Wall Street:

Nasdaq futures rebound after worst rout in 19 months as AI stocks bounce • U.S. chip stocks rebound sharply after Thursday’s brutal selloff • Nasdaq futures rise as AI rout pauses amid dip buying
(DBN)

Stocks tumble, erasing post-midterm gains as markets weigh future of AI build-out • Nasdaq sees worst day in 19 months as investors bet on AI slowdown after Democrats’ election triumph • AI stocks hammered by midterm shock as buildout becomes a ‘war of attrition’ • A wipeout for AI stocks sends Wall Street reeling, and the S&P 500 tumbles more than 3% • Phones 'explode' on Wall Street as 'steamroller' shows up for the AI trade • Nasdaq 100 eyes $1.8 trillion loss as Democratic win sparks AI delay fears • Wall Street sheds $3.2tn as Democratic midterm sweep triggers brutal AI rout • The year’s most successful stock-market trades are unraveling — perhaps for good • AI backlash could threaten Anthropic IPO timing, potential investors say
(DBN)

Global stocks slide as Democrats' US election victory raises fears of AI spending crackdown
(DBN)

Goldman Taps 109 New Partners In Biggest Class Since 2010 • Goldman Sachs elevates record number of engineers to coveted partner ranks
(DBN)

What Wall Street billionaires are saying about Democrats’ midterm sweep
(DBN)

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Layoffs:

Cigna plans more job cuts
(DBN)

Jack Dorsey's Block announces fresh layoffs, second round of job cuts in 2026: Report
(DBN)

Northpointe Bank announces 338 layoffs
(DBN)

GEICO Layoffs: 114 Jobs Impacted at Lakeland Facility
(DBN)

KLM Plans 15% Workforce Reduction
(DBN)

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Food/Beverage:

Restaurant chain goes bust — and points finger at state’s wage laws
(DBN)

Denny’s restaurants franchisee files for Chapter 11 bankruptcy
(DBN)

Wendy's rejects Trian-led $1.4 billion buyout offer, adopts 'poison pill' plan
(DBN)

Kroger-Albertsons Trial Lays Bare a Merger Built on Mistrust
(DBN)

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Sports:

Saudi-Backed LIV Golf, After Five Years Trying to Challenge PGA Tour, Is Shutting Down • LIV Golf Officially Calls It Quits as Lawyers Confirm 2.0 Will Not Move Forward in Bankruptcy Court • After five years and more than $5 billion, LIV Golf is shutting down • ‘Going to vomit’: Inside golf’s most brutal gauntlet... where LIV stars must pay to save careers • LIV Golf made a huge decision about its future in a 13-minute bankruptcy hearing • LIV Golf's bid to survive collapses as investors and top players pull out • LIV Backer Scraps 2027 League Plan After Player Shortfall • LIV Golf turned the golf world upside down. Then it crashed and burned • What happens now to Bryson DeChambeau? • DeChambeau Faces Uncertainty As LIV Golf Rescue Fails • PGA Tour golfers should thank LIV Golf for making them a lot of money • Rory McIlroy’s Former Ryder Cup Teammate Fires Back Amid LIV Golf Collapse • LIV Golf’s timeline from conception to bankruptcy
(DBN)

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Economy:

Here’s what the Democratic election rout could mean for the U.S. economy
(DBN)

Democrats Will Focus on Affordability in 2027, Party Leaders Say
(DBN)

Unemployment claims drop to 189,000, the fewest since mid-July
(DBN)

The October jobs report is out Friday. Here’s everything to expect
(DBN)

US Labor Productivity Increases at Fastest Pace in a Year
(DBN)

The AI Boom May Be Sowing Seeds of Another Financial Crisis
(DBN)

‘Blue wave’ hopes for US economic change are likely to be disappointed
(DBN)

Barkin sees interest rate hikes ahead, but at a gradual pace
(DBN)

War, Trade and Distress: Geopolitical Drivers of Enforcement and Restructuring
(DBN)

Fed survey shows banks tightening credit for small firms and commercial real estate
(DBN)

Mapped: Where Americans Have the Most Debt Per Person
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Multifamily Developer Confidence Weakens in Third Quarter
(DBN)

More Americans Are Relying On Inheritance To Buy First Home • Inheritance Fuels Record High Levels of Cash Sales Among First-Time Buyers
(DBN)

Mortgage Rates Fall for Third Straight Week After Democrats' Midterms Win
(DBN)

Homebuyers Get Some Relief as Prices Decline For Third Straight Week, Monthly Payments Dip
(DBN)

Man fighting eviction shot his landlord in the back after he was asked to move out
(DBN)

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Oil/Gas:

Trump’s energy deals are about to face a wave of investigations by Democrats
(DBN)

Tankers carrying Russian diesel change course, raising doubts about shipments to US
(DBN)

U.S. Shale Giants Hold Back on Drilling Despite Higher Oil Prices
(DBN)

U.S. Refineries Make Dramatic Shift Away From Gasoline
(DBN)

Oil on pace for sharp weekly drop amid post-midterms hopes for Iran war detente
(DBN)

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Food/Beverage:

Wendy’s rejects $1.4 billion takeover proposal from Nelson Peltz’s Trian
(DBN)

104-year-old grocery brand files Chapter 11 bankruptcy
(DBN)

A 30-unit Denny’s operator files for bankruptcy
(DBN)

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Politics:

The Republican missteps that laid the groundwork for a historic midterm rebuke • Exit polls reveal the real reasons for the Republican wreckage • Rural voters in GOP strongholds helped carry Democrats to midterm victories • What Trump and Republicans failed to realize about young male voters • Top House Republican: Trump ‘unfavorability’ led to losses • MAGA media is grappling with GOP’s crushing defeat — and tiptoeing around Trump • Why pollsters underestimated the size of the Democrats’ US midterm ‘blue wave’ • These 5 Races Tell the Story of the Blue Wave • Trump blames Iran war for midterm defeat
(DBN)

White House braces for major staff exodus
(DBN)

Did GOP efforts to redistrict the House turn into a dummymander? • Republicans Redistricted Themselves Out of Congress
(DBN)

White House warns conservative groups it is 'monitoring' their statements
(DBN)

Democrats face a choice on Trump come January: Confrontation or compromise
(DBN)

For the Democrats, now comes the hard part
(DBN)

Who are the new faces in the US Senate? • "Never heard of them": Meet the incoming House Dems who shocked even their own party
(DBN)

Trump reveals Pete Hegseth’s Cabinet fate as pressure grows to oust War Secretary • Hegseth expands DC National Guard presence
(DBN)

RFK Jr. and Trump have to make a decision about their future together
(DBN)

JD Vance takes GOP hits as Ron DeSantis, Ted Cruz emerge as early GOP winners for 2028
(DBN)

Dem, 19, wins Massachusetts House seat by knocking off eight-term GOPer
(DBN)

Mississippi Democrat Scott Colom defies odds, pulls further ahead in vote tally • Mississippi Democrat Eyes Upset Victory In US Senate Race • Democrat locked in Deep South Senate stunner • Colom, Hyde-Smith gird for ballot legal fight in razor-thin race
(DBN)

Black voters deliver a GOP reckoning
(DBN)

After facing waves of hateful rhetoric, Abdul El-Sayed’s victory is a milestone for Muslim Americans
(DBN)

Jeff Dial concedes to 19-year-old ASU student Sebastian Matta in Maricopa County court clerk race
(DBN)

Democrats Are Reviewing a Plan to Investigate Corporate America
(DBN)

Elon Musk Deletes Smug Election Posts After They Backfire and His Businesses Tank by $120 Billion
(DBN)

Trump uncorks new demand to flip Alaska Senate race: ‘No other fair solution!’
(DBN)

The looming constitutional showdowns
(DBN)

Key federal panel is expected to approve Trump’s arch while it’s being challenged in court
(DBN)

Wall Street mega-donors clobbered by Democratic sweep
(DBN)

More than half of Americans under age 30 now identify with a nonwhite race or ethnic group
(DBN)

Montana voters challenge Citizens United with new law banning corporate political spending • Lawsuit Challenges Montana's New Ban on Corporate, Union, and Nonprofit Spending on Elections
(DBN)

Trump Official Who Wants Data Centers on Public Lands Has Tens of Millions Invested in AI Industry
(DBN)

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Celebs:

Athlete-Lender Sure Sports Files for Chapter 11 Bankruptcy Protection
(DBN)

Rashee Rice files for bankruptcy amid $1M+ settlement agreement with Dallas crash victims • Reports $3.45 million in debt • Chiefs star Rashee Rice files for bankruptcy and puts Super Bowl ring up as collateral • Used Super Bowl ring as collateral for lawyer
(DBN)

“I Don't Need a Cut Anymore”: Deion Sanders' Son Shilo Walks Out Mid-Haircut After Miami Barber Demands $1000 Amid Bankruptcy Trial
(DBN)

‘Breaking Bad’ star Dean Norris selling his California estate amid divorce, $1M bankruptcy filing
(DBN)

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Autos:

Hertz Shares Plunge as Car Renter Warns It’s Running Low on Cash
(DBN)

America’s Car-Mart Extends Lender Waiver Relief Through November 9
(DBN)

Tesla Shares Tumble Again in Deepening Post-Election Slump
(DBN)

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Religion:

Catholics and ‘nones’ played key role in Democrats’ historic victory, exit polls show
(DBN)

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Fitness:

FitLab Says Nike and Tariffs Helped Drive It Into Bankruptcy. The Real Problem Started Much Earlier
(DBN)

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Agribusiness:

Farm Country has Changed Since 2018. The Farm Bill Hasn't.
(DBN)

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Consumer Protection:

CFPB Closes 40% Of Investigations, Keeps Mortgage Enforcement In Focus
(DBN)

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Distressed Investing:

Investor interest in distressed debt rises as opportunities grow
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (18 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Nationwide Subchapter V Bankruptcy Filings Jump
(DBN)

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Mass Torts:

What to Know About Clergy Sexual Abuse Settlements in the U.S.
(DBN)

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Mootness:

Doctrines of Constitutional Mootness & Equitable Mootness On Appeal (Reed v. Alecto—Part 2)
(DBN)

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Discharge:

U.S. Trustee Program Prevails at Trial to Revoke $3.9M Discharge from Seattle Man Who Concealed Inheritance Rights and Business Interest
(DBN)

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Aviation:

Bankrupt Spirit thought it had sold 20 planes. But the buyer was a serial dealbreaker.
(DBN)

Bomb threats disrupt flights across Europe for the second time • At least 19 flights hit with bomb threats
(DBN)

Magnicharters to start shutting down, liquidating after judge declares it bankrupt
(DBN)

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Private Credit:

Borrowing in the Dark
(DBN)

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Tech:

It Turns Out Binance's $6 Billion Hack Happened Because Its Employees Were Vibe Coding
(DBN)

Bosses loved AI at work — until they drowned in slop
(DBN)

AI debt concerns grow as ING reportedly seeks buyers for $500 million of data center loans
(DBN)

The blue wave crushed the AI trade. But a slower buildout may be just what it needs.
(DBN)

Will Democrats stall the AI boom?
(DBN)

Hedge Funds Dump AI Debt as Data Center Loans Hit Market
(DBN)

Tech Industry in Denial That the Midterms Show Everyone Hates Them
(DBN)

Kids Hooked on AI Chatbots Are Showing Dramatically Worse Mental Health
(DBN)

Voters Supported Every Single Anti-Data Center Proposal in America, Except One
(DBN)

Anthropic is rapidly accelerating AI development amid slowdown calls, outside research group says
(DBN)

North Carolina Case Sparks Debate on AI Responsibility in Criminal Plots
(DBN)

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Private Credit:

Private Credit’s Exit Problem
(DBN)

Private credit risks come into focus as Bermuda insurers reveal $435.7 billion exposure
(DBN)

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Healthcare:

Roseland Community Hospital files for bankruptcy days after closing maternity ward on Chicago's South Side
(DBN)

16 healthcare bankruptcies in 2026
(DBN)

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Tax:

Three tax proposals targeting the rich that the new Congress could revive
(DBN)

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Debt Collection:

Citibank office shooter targeted company over a $2,500 debt collection, Florida sheriff says
(DBN)

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Magazines:

Goodbye from Salon
(DBN)

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Personal Finance:

Helicopter parents spending thousands for ‘Rent-A-Moms’ to cook, clean for helpless adult kids
(DBN)

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Retailing:

Popular children’s clothing chain headed for bankruptcy and closing all stores
(DBN)

Visa Forecasts U.S. Holiday Spending to Rise 4.5% as Consumers Keep the Holidays a Priority • Visa: Inflation-adjusted holiday sales to rise 1.1%
(DBN)

Holiday Shopping Plans Point to Average Retail Year
(DBN)

____________

Crypto:

Binance and CZ subpoena Kevin O’Leary in $1.76 billion FTX clawback fight
(DBN)

Hackers paid $15 to drain $2.5 billion from Binance in one hit
(DBN)

Trump crypto memecoin slumps to record low after historic midterm loss
(DBN)

Democrats’ sweep threatens crypto’s Washington agenda
(DBN)

____________

UK:

Poundland’s crisis could trigger a domino effect across Britain’s high streets, insolvency expert warns
(DBN)

Bank of England hikes interest rate for the first time since Iran war, warns inflation will near 5%
(DBN)

Trainee solicitor banned for blackmail and child sex offenses
(DBN)

Court of Appeal tackles... cat poo
(DBN)

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Canada:

Monette Farms Seeks Creditor Protection Extension to Nov. 25
(DBN)

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Paraguay:

Paraguayan president impeached minutes after resigning following bank collapse • Paraguay President Steps Down As Banking Crisis Sows Chaos • How a banking scandal is taking down Trump’s ally in Paraguay • Jailed Millennial Banker’s Unicorn Dream Topples Paraguay Leader
(DBN)

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Austria:

Austrian court convicts fallen property tycoon Benko of aggravated fraud
(DBN)

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MENA:

Oman appeal court overturns Sohar Flour Mills bankruptcy ruling, records settlement
(DBN)

Netanyahu Alleges Election Fraud in Connection With Arab Turnout
(DBN)

Trump meets with national security team, says Iran war decision coming soon
(DBN)

Iran-linked ships hover over subsea cables after threats
(DBN)

Trump Holds Call With Mediator Qatar About Iran De-Escalation
(DBN)

Iran's Rezaei Ties Hormuz Reopening and U.S. Talks to Seven Conditions
(DBN)

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France:

Nearly 600,000 join latest protests in France
(DBN)

France's Debt Crisis Could Trigger a Much Bigger European Meltdown
(DBN)

French bank Crédit Mutuel Arkéa faces EUR 118 million hack, with funds possibly moved into crypto
(DBN)

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Germany:

German corporate insolvencies remain 'exceptionally high' in October
(DBN)

Addleshaw Goddard pushes Europe growth with 20-strong Taylor Wessing hire
(DBN)

____________

Mexico:

Banco de México Cuts Rate to 6.25% as Inflation Forecasts Rise
(DBN)

____________

Fiji:

Bankrupt entrepreneurs get a second chance
(DBN)

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