October 1, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Big law is being shaken up—and not by AI
(DBN)

This Legal Writing Expert Wants Lawyers To Embrace AI
(DBN)

Firms Should Shed the Billable Hour Soon to Weather the AI Storm
(DBN)

The Top Law Schools For Future Biglaw Dealmakers (2026)
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Every White-Shoe Firm Turned Him Down So He Built A Bigger One
(DBN)

DLA Piper Expands Trump Ties With Filing in Truth Social Case
(DBN)

The Rise Of The Legal Engineer: The New Job 40 Years In The Making
(DBN)

AI Can Read Between The Redacted Lines
(DBN)

ROI Is Dead. Long Live ROI.
(DBN)

Newsom Signs First-of-Its-Kind Bill on Lawyer, Arbitrator AI Use
(DBN)

GOP senator urges ICE to dial back enforcement sweeps • SCOTUS gives Trump boost on 'third-country' deportations for 3rd time in a row
(DBN)

Texas AG opens probe into American Bar Association's accreditation practices
(DBN)

Managing Partners, Pull These Levers to Boost Year-End Results
(DBN)

The View Nukes Lindsay Clancy’s Lawyer’s Sudden Defense Pivot: ‘My Jaw Was on the Floor’
(DBN)

Eric Schmitt Drags Harvard And ASSLaw Into Jack Smith Hearing Faceplant
(DBN)

Christa Pike still alive, ‘snoring’ after 2 lethal injections as Tennessee governor halts all executions
(DBN)

DOJ Offers Up Kristi Noem As 'Sacrificial Lamb' But D.C. Circuit Wants To Know Who Else Was In The Room
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Wife of slain NYT exec seen with kids shortly after parents charged • NYT exec tried to kill himself twice during turbulent marriage: docs • In-laws charged in NYT exec killing appear together in court • Gruesome new details emerge in slaying of trans NYT exec by in-laws — as explosive charging documents released
(DBN)

Stats don't support Flock claim of solving 1 million crimes
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Woman who allegedly shot at Rihanna's LA home indicted on attempted murder charge
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NASCAR truck driver ordered to pay $850K to lover’s ex-wife for breaking up their marriage
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Children, 3 & 6, ‘stabbed 50 times by mom’ found covered in blood after ‘boy called grandma to say he was hungry’
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Brother and sister arrested after violent fight over who ate whose grapes, police say
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Woman who watched on FaceTime as hit man killed 3, including her ex-girlfriend, hears fate
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Man claimed self-defense before shooting his roommate dead in argument over grill: Cops
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Caseworker said he had 'places to be' after sending 2 girls back to abusive home: Police
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Couple sentenced for beating their roommate to death for annoying them
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TX: Man nabbed by SWAT officers after planning ‘violent attack’ on state capitol, authorities say
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Judges:

US can deport the leader of Wisconsin’s largest mosque on national security grounds, judge rules
(DBN)

Court halts execution of Christa Gail Pike for a Tennessee murder she committed at age 18
(DBN)

All The Court’s A Stage And Trump Judges Merely Players
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He Left The Top Of The Supreme Court For A Job He Thought Mattered More
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DOJ Accuses Minnesota Judges of Misconduct for Media Remarks
(DBN)

Judge rejects Trump admin excuses for withholding OLC memo on Caribbean boat strikes
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11th Circuit moves up appeal over Mar-a-Lago report one day after Jack Smith testifies
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Justices Planted Seeds for Suncor, Exxon to Avoid Climate Suits
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Wall Street:

Stock futures mixed as yields rise to kick off October trading
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Wall Street’s hopes for a blockbuster IPO season are fading
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Layoffs:

Bankruptcy threatens 850 jobs at 8 WA casinos
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Hello Bello to layoff nearly 70 employees
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City of Hope to lay off 73 in California
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MasterBrand Cabinets slashes nearly 400 jobs
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US job openings fall in August; layoffs remain low
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Rail:

How Brightline went bankrupt and how it will try to stay in business
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Military:

Mystery erupts as US spy satellite explodes
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The Pentagon’s Million Drone March
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Hackers stole millions of US military personnel records during months-long data breach
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Healthcare:

17 physician groups file for bankruptcy since 2024 
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Pennsylvania confirms 5th measles death
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Woman in surgery for cancerous leg wakes up to find the wrong leg amputated: Lawsuit
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Tourism:

The standard Hawaii vacation is over
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Electricity:

Pleasants Power Plant Taps Kirkland After Judge Disqualifies HSF Kramer • Omnis Energy Reports New Cooperation on Governance and Operating Cash in Pleasants Power Station Bankruptcy Case • Omnis Pleasants Engages Kirkland & Ellis for Strategic Bankruptcy and Asset Sale Overhaul
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Utilities:

Newsom signs bill to help make Northern California wildfire survivors whole
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Trucking:

At least 5 Texas trucking firms have filed for bankruptcy since start of Trump’s Iran war
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Hedge Funds:

Bankrupt Fund Founder Weiss Agrees to Auction Art at Sotheby’s
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Television:

DISH Bankruptcy Plan Approved: What It Means for DISH & Sling TV
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Assisted Living:

Retirement home bankruptcy wipes $150M
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Economy:

U.S. inflation rises, keeping pressure on Fed
(DBN)

Fed’s Kashkari says inflation is ‘still too high’ even after softer-than-expected PCE data
(DBN)

US long bond yields hit highest since 2002 • Global bond rout gathers pace
(DBN)

Fed's Powell didn't break law, watchdog says. Trump wants him out
(DBN)

The Gap Between the Rich and the Very, Very Rich Is Getting Wider
(DBN)

Krugman: The Beclowning of Scott Bessent
(DBN)

CFO economic optimism ticks back up in Q3: Deloitte
(DBN)

Consumer confidence sags to 12-year low, eroded by inflation, job anxiety
(DBN)

CCC Debt Turns Distressed for First Time Since 2023 Bank Crisis
(DBN)

The U.S. economy is defying gravity. Here's all the good news.
(DBN)

Americans get back to their spending ways. Economy might be speeding up again.
(DBN)

Americans spent more in August but they raided their savings to do it
(DBN)

Trump’s $100,000 fee for new H-1B worker visas blocked by second judge
(DBN)

Dynamic pricing and AI are ripping you off at McDonald's and beyond
(DBN)

Employers With Blanket Return-to-Office Policies Risk Litigation
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Freddie Mac House Price Index Increased in August; Up 2.2% Year-over-year
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US single-family home prices rise in July, FHFA says
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Once America’s hottest housing market, popular state is now the hardest place to sell a home
(DBN)

Texas seniors are getting a huge property tax break. Everyone else is picking up the tab.
(DBN)

Iconic, bankrupt LI wedding venue heads to auction — with doors open to residential development
(DBN)

Court rejects challenge to golf course redevelopment
(DBN)

Jon Venetos Faces Involuntary Bankruptcy in Texas • “One of the rarest moves in bankruptcy”: Jon Venetos’ creditors file involuntary Ch. 7 bankruptcy
(DBN)


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Municipalities:

Newsom signs bill to rein in sexual assault lawsuits poised to bankrupt local governments
(DBN)

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Oil/Gas:

Trump will unveil $54B project for Alaska • South Korean President Lee pushes back on Alaska LNG project after Trump touts Seoul’s participation
(DBN)

Trump ‘thinking about’ diesel export ban, but says it could have ‘negative impact’ on gasoline
(DBN)

Houston's highest-paid CEO earned $76 million in 2025. His oil company sold no crude
(DBN)

Iran’s Disappearing Oil Is Becoming Everyone’s Problem
(DBN)

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Politics:

Tracking approval and key issues
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Rural MAHA followers say Trump hasn’t improved health of their communities, an AP-KFF poll finds
(DBN)

Trump buys ads on CNN, MS NOW as he fights to bar them from the White House
(DBN)

How Many Times Can Trump Pick Rural Republicans’ Pockets Before They Wise Up?
(DBN)

Trump’s Govt AI-Chatbot No Longer Refuting Some of His Wild Claims
(DBN)

Trump Handlers Cut Event When He Gets Asked an Extremely Awkward AI Question
(DBN)

Democrats want a blue wave. New Hampshire indicates why it may not happen
(DBN)

House Intel Committee Could Investigate Defense Firm Contributions To White House Ballroom
(DBN)

Stock trading ban dies as Republican 'poison pill' with Trump loophole crashes and burns
(DBN)

Ken Paxton, G.O.P. Nominee in Texas, Privately Said Trump’s Convention Hurt Him • Bombshell Leaked Audio Shows Ken Paxton Dissing Trump’s Convention — Blaming It for His Bad Polls
(DBN)

Talarico 61% chance of beating Paxton
(DBN)

In Texas, Something Seismic Is Happening—and It’s All Trump’s Fault
(DBN)

Republican Senate Candidate In Deep Blue State In Striking Distance of Major Upset, Recent Polls Show
(DBN)

US government erases 190 flags from historic building in searing message over ‘who we work for’
(DBN)

Lutnick pocketed $250M in income -- last year
(DBN)

He paid for Don Jr’s wedding party. What does ‘The Kremlin’s man’ want?
(DBN)

Hegseth new 'field manual' for troops filled with his speeches -- and promise not to fight 'dumb wars'
(DBN)

Kyrsten Sinema's bodyguard lover reveals why he trashed her $2M home... and what was on that video
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Climate:

Earth's vital signs are flashing red: Seven of nine key systems have been breached – as scientists warn 'we're rapidly running out of time'
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As heat becomes more extreme, inmates are increasingly threatened by rising temperatures
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New Jersey So Flooded That a Shark Was Spotted Swimming Through a Suburban Neighborhood
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EIOPA flags extreme heat as top climate liability risk for European life insurers and pension providers
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Summer Camps:

Camp Mystic may soon be for sale in bankruptcy after deadly flood • Camp Mystic's buyer preference could chill other bids on its property
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Biofuels:

Filing Alert: InEnTec Chapter 11
(DBN)

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Tech:

Now we’re all starting to talk like AI chatbots too
(DBN)

Nobody In The Room For The White House Super Intelligence Accord Thought To Proofread It
(DBN)

Beware of billionaires touting the apocalypse
(DBN)

The FTC Is Now Investigating Frontier AI Labs Following Countless Hacks by Out-of-Control Agents
(DBN)

Krugman: One More Reason Americans Hate AI: It Does Nothing for Them
(DBN)

Tech Giants Face Questions Over Secret AI Data-Center Deals
(DBN)

How Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes
(DBN)

McDonald's is spending $8.5 billion to put an AI called Archy in drive-thrus — even after its first attempt failed
(DBN)

People Are Installing DIY Self-Driving “Mods” on Their Cars
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New Bankruptcy Opinions
(28 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (2 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Mass Torts:

Catholic Diocese of Burlington seeking end to bankruptcy proceedings • Burlington Diocese asks court to end bankruptcy process
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Already facing bankruptcy, Diocese of Fresno now grapples with lost pensions for retirees
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Bankruptcy Reform:

ABI Applauds Senate Passage of "Bankruptcy Threshold Adjustment Act"
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Bankruptcy Strategy:

Unsecured Creditor Perspectives in Energy Restructurings
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Aviation:

Latvia's airBaltic gambled by filing for US bankruptcy, prime minister says • Latvia's airBaltic pursues U.S. bankruptcy restructuring to seek strategic investor
(DBN)

Israel: Flydubai pilot tried to hijack Tel Aviv flight, all passengers safe • Plane from Dubai to Israel is diverted to Saudi Arabia after pilot stabs another • ‘Israel’s 9/11’ thwarted after ‘co-pilot stabs captain & tries to crash jet’ before passengers overpower him • Passengers recall sickening plunge, screams during flydubai plane hijacking • Plane ‘was seconds from crashing’ as ‘co-pilot stabbed captain in hijack attempt’ before hero helped rescue jet • Photos of passengers returning to Tel Aviv after attack aboard FlyDubai flight • NYT Slams 'Activists and Partisans' on Plane Hijacking Post • Hero Israeli plumber who controlled plane after ‘co-pilot stabbed captain during hijack’ learned to fly from TV show • FlyDubai flight 'hijacking' may have been '9/11 style attack' as chilling details emerge
(DBN)

Helicopter crashes off Catalina Island with 5 people aboard
(DBN)

Furry Airline Pilots Are Just Minding Their Own Business
(DBN)

Another budget airline files for bankruptcy
(DBN)

Romania's AnimaWings files for insolvency • Romanian airline Animawings files for insolvency, disposes of entire A220 fleet • Christian Tour's reaction after Animawings filed for insolvency
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Transit:

E-bike crash survivors share horror stories as scourge of lawless riders plagues NYC
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Retailing:

Leslie’s Chapter 11 Restructuring Targets 90% Debt Reduction and $150 Million in New Capital • Leslie’s Files Chapter 11, Lenders Set to Take Control in Major Restructuring • Leslie's Pool Supply Files Chapter 11, Closes 76 Stores • Filing Alert: Leslie's Pool Supplies Chapter 11 • Leslie's stock soars over 23% after-hours
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Fraud:

Delaware Bankruptcy Court Dismisses McClafferty’s Chapter 13 Petition
(DBN)

AI Deepfake Fraud Raises Liability Stakes for Banks and Business
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Food/Beverage:

The Texas Cajun chain that went bankrupt just made a big comeback — here's what changed
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Fast-growing coffee chain officially acquires 63 bankrupt drive-thru locations for $123M
(DBN)

The real story behind Red Lobster’s $20 ultimate endless shrimp fiasco: How an American seafood icon lost its way
(DBN)

Wendy's-Meritage bankruptcy fight moves into another round
(DBN)

FAT Brands Becomes OHG Brands Under New Ownership
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Sports:

LIV Golf's future is battling its past, new bankruptcy filings reveal
(DBN)

Bryson DeChambeau faces a decision as LIV Golf struggles
(DBN)

Jon Rahm's LIV Golf future predicted amid $7.5M delay
(DBN)

Recruited by Phil Mickelson, LIV Teammate Emerges as Only Player on Crucial Creditors Committee
(DBN)

LIV Golf stars received Saudi funding promise from the horse's mouth
(DBN)

Saudis made broken promise to LIV Golf stars as future hinges on one question
(DBN)

‘Have to answer’: Adelaide host takes LIV to court as popular event’s uncertain future turns ugly
(DBN)

Adelaide club files motion as future over LIV Golf event under a cloud
(DBN)

Gastonia Ghost Peppers ceasing operations after three-season run
(DBN)

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Entertainment Venues:

Bankruptcy judge pauses Whitewater Amphitheater auction in favor of restructuring plan
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Education:

Saint Augustine's deal with real estate company set to be discussed during bankruptcy hearing
(DBN)

A Firestorm Over Rape Allegations Threatens to Engulf Cornell • Disturbing details as Cornell 7 transcript reveals Jane Doe told campus cops with ‘100% confidence’ she was raped • ‘Cornell 7’ casts spotlight on NY’s ‘voluntary intoxication’ loophole -- which doesn't protect rape victims who drink, take drugs on their own
(DBN)

University of Michigan Pauses Pass–No Credit Pilot
(DBN)

Harvard Sued by EEOC for DEI Data in Anti-White Bias Probe
(DBN)

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Banking:

Fed finalizes new stress test rules
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Private Credit:

Private credit woes deepen as $9bn funds frozen
(DBN)

Australia's Metrics freezes some fund redemptions in sign of private credit market stress
(DBN)

Goldman Sachs private credit fund reports slower redemptions as industry withdrawal pressure eases
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UK:

SNP-led Glasgow City Council reissues threat to sack 23,000 workers after union talks break down
(DBN)

UK says there are strong indications Iran played a part in a security incident at a US-run air base • Iran was involved in RAF Fairford ‘terror plot’, suggests Burnham – as mystery grows around foiled ‘base attack’
(DBN)

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MENA:

Iranians face soaring prices for medicine as the US blockade and sanctions hit hard
(DBN)

Senate GOP, Fetterman Block Probe Into Killings of Nine Americans in West Bank
(DBN)

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India:

Kolkata: ED raids in Insolvency and Bankruptcy Code misuse case
(DBN)

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New Zealand:

Court of Appeal issues ruling on "due debts" for insolvent transactions involving insurers
(DBN)

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Netherlands:

Medical Cannabis Pioneer Bedrocan Fights to Avoid Bankruptcy
(DBN)

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