October 15, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

UK’s Schillings sets up private investigations business with US law firm Clare Locke
(DBN)

Freshfields partners explore carve-out of AI unit worth ‘billions’, leaked emails reveal
(DBN)

Cross-Pond Law Firm Mergers Face Cultural and Hiring Challenges
(DBN)

How Law Firms Are Strategizing for Consumption-Based AI Pricing
(DBN)

Navigating Legal Transformation: Lessons from Big Law’s Class of 2011 Amidst AI Advancements
(DBN)

AI Oversight as a Fiduciary Duty: The Evolving Role of Corporate Leaders in Ethical Governance
(DBN)

Awkward! Legal AI rivals Legora and Harvey unveil same-named products just hours apart
(DBN)

A top US law firm partner shares advice on training, commercial awareness and building a legal career
(DBN)

DOJ Threatens ABA With Antitrust Probe Over… Adjunct Professors
(DBN)

Texas Lawyer Sanctioned for Unprofessional Email Conduct in Trade Secrets Case
(DBN)

Law firm announces new policy for employees with NICU babies
(DBN)

AI Use In Law Firms: There’s Reality. And There’s What Management Wants It To Be.
(DBN)

Stress, drinking, gambling among problems lawyers report in new mental health study
(DBN)

How To Scare A Lawyer
(DBN)

This Biglaw Co-Founder’s Side Project Was Engineering A Revolution
(DBN)

Trump’s new press secretary says she passed bar exam "when I moved to China", raising questions of US authority • Is she or isn't she? Trump's new press secretary claims she took the bar—in China • Trump’s New Press Secretary Faces Bar Complaint in California • Trump Press Secretary Katie Zacharia Speaks For Everyone Who Put ‘Attorney’ On LinkedIn Before Bar Results • What we know about Katie Zacharia’s legal work in China
(DBN)

DoJ’s Doomed Pursuit of Cassidy Hutchinson
(DBN)

Sleeping ICE Agent Who Fought With Homeowner Is Charged With Assault • ICE says no to automatic body cams • Trump Says the Border Is Secure. Texas Gov. Greg Abbott Keeps Declaring an Emergency • These Women Were Trying to Escape Domestic Abuse. ICE Detained Them Instead.
(DBN)

FBI arrests Saudi OpenAI employee who allegedly planted recording device in conference room • OpenAI bugging suspect booked one-way ticket to Saudi Arabia with family before arrest • FBI says an OpenAI engineer used his wife’s ChatGPT account to figure out how to plant a secret recording device at the office
(DBN)

DOJ Effort to Save Essayli From Removal Fails to Impress Judge
(DBN)

Trump pardons Alaskan mechanics from Biden-era emissions case
(DBN)

Holdout Juror in Lindsay Clancy Trial Tells Fox News He Never Had Reasonable Doubt — Pushing Back on Claims Made By Other Jurors
(DBN)

Group cheered as woman sexually assaulted at University of Chicago frat house, police report says • Sexual Assault Report at Chicago Frat Upends Another Elite Campus
(DBN)

An Ohio police lieutenant allegedly used Flock cameras 29 times to track someone he knew. Now he’s facing a felony
(DBN)

Cornell president admits he never followed up on gang rape allegation ahead of no-confidence debate
(DBN)

Rep Andy Harris Slammed and Corrected Over Wild Meltdown
(DBN)

Rep. Nancy Mace's ex-fiance and others charged with sex crimes
(DBN)

Twist in Diddy ‘head injury’ mystery
(DBN)

DOJ issues subpoenas in investigation into Rep. Ilhan Omar’s immigration status, including to her family members • Ilhan Omar Probe Reportedly Driven by Effort to Deport Her
(DBN)

Palatine man charged in alleged mass shooting plot targeting Hindu place of worship
(DBN)

From Bouncy Castle To The Big House?
(DBN)

Justice Department threatens California with legal action over claim of noncitizens on voter rolls • California Given 48 Hours to Review DOJ List of Alleged Noncitizen Voters
(DBN)

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Judges:

Appeals court will hear arguments on Trump's National Guard deployment in the nation's capital
(DBN)

In blistering ruling, judge says Trump's golf plans spurred breakneck tree removal
(DBN)

Judiciary gives AI cautious thumbs-up (but draws line at robot judges)
(DBN)

Witnessing a reorientation of the First and Second Amendments on the Roberts court
(DBN)

Finding right fit is more important in judicial clerkship hiring than politics, new study says
(DBN)

Brett Kavanaugh Has A Question About Consent. Yes, Really.
(DBN)

Neil Gorsuch Seems Distressed That No One Wants To Overhaul Criminal Sentencing With Him
(DBN)

James Ho Demands First Amendment Right To Post Covert Bathroom Pics
(DBN)

The Supreme Court Has Grown Too Powerful. This Is How to Rein It In.
(DBN)

Judge limited Justice Department access to Rep. Ilhan Omar’s records in sprawling immigration fraud probe
(DBN)

White House Appealing Judge's Order Shooting Down Press Ban
(DBN)

Supreme Court Refuses to Toss Out Fees for Lawyers Who Sought Hand Count in Arizona Election
(DBN)

Disgraced Former Judge Alex Kozinski Is Back In The WSJ, This Time Making ‘The Case For Firing Squads’
(DBN)

Frustrated by Losses in the Courts, Missouri Republicans Want to Change How Top Judges Are Selected
(DBN)

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Wall Street:

Nasdaq futures fall as tech shares drop on fears of AI overspending; traders await more U.S. data • U.S. stocks drop toward their worst day since July • Stocks Slide as AI Rout Drives Investors to Bonds
(DBN)

US stocks drop toward their worst day since June as inflation worsens
(DBN)

Treasurys Recover Most Of Their Post-CPI Losses As Stocks Fall
(DBN)

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Layoffs:

Netflix to lay off roughly 1,000 employees, or 6% of workforce
(DBN)

‘The way work gets done is changing across every industry’: Kroger cites AI efficiency push as it cuts 3,000 corporate jobs
(DBN)

GSK to lay off over 1,200 roles
(DBN)

207 workers to be laid off at Grant County manufacturing facility
(DBN)

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Education:

DEI Law Prompts School to Cancel ‘Little Shop of Horrors’ After Girl Lands Lead
(DBN)

Inside the college majors at elite universities where graduates earn more than $250,000—over 4 times their peers
(DBN)

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Retailing:

Saks channels ‘main character energy’ for first post-bankruptcy holiday
(DBN)

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Banking:

Top U.S. banks dropped customers over political and religious views, regulator says • The OCC was unable to identify a single instance in which an individual’s account was closed on account of the individual’s political or religious beliefs
(DBN)

Bank of America shares drop 8% after third-quarter revenue miss and regulatory penalty
(DBN)

BofA’s bond portfolio surpasses US$100 bil in paper losses
(DBN)

Morgan Stanley tops estimates as equities trading revenue beats expectations by $909 million
(DBN)

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Awards:

ABI 10th Class of “40 Under 40” Honorees
(DBN)

MLaw Professor earns honor from Bankruptcy Law Journal
(DBN)

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Healthcare:

Millions of Americans will have fewer options during Medicare open enrollment this year
(DBN)

Marshall hospital ends maternity deliveries after bankruptcy sale
(DBN)

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Private Credit:

Private Credit: Reality Check
(DBN)

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Summer Camps:

Camp Mystic owners, victims' parents battle over bankruptcy estate
(DBN)

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Sports:

LIV Golf's latest bankruptcy hearing offers key future timeline, raises ‘concerns' • LIV gets key approvals in bankruptcy court • LIV Golf ‘quite concerned’ as fate could be decided by end of month • LIV Golf accuses DP World Tour of clear interference in bankruptcy hearing • LIV Raises ‘Anti-Competitive Concerns’ Over DP World Tour Ban • Whether LIV Golf survives into 2027 will be known by end of October, attorney says during bankruptcy hearing • LIV Golf’s Endgame Timeline Arrives As DP World Tour Draws Hard Line • LIV Golf makes bombshell decision on Bryson DeChambeau contract as several stars released • LIV Golf stars face a choice as DP World Tour delivers ultimatum ahead of league's make-or-break decision
(DBN)

Millions of Americans are embracing pickleball. But a major company betting on the sport's success just filed for bankruptcy
(DBN)

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Utilities:

Court extends PREPA mediator appointment through April 2027
(DBN)

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Assisted Living:

Genesis begins transition after judge approves liquidation plan, closing ‘tense’ and uncertain chapter
(DBN)

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Non-Profits:

Palmas Athletic Club gets court approval for $14M debt deal
(DBN)

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Autos:

Car payments just hit a record $787 a month—and 1 in 4 new-car buyers is now signing a 7-year loan
(DBN)

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Mining:

America Didn’t Lose Its Rare Earth Industry. It Sold It.
(DBN)

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Economy:

Consumer prices rose 3.7% annually in September as gas prices skyrocket • Here’s the inflation breakdown for September 2026 — in one chart • Fed rate hike this month back on table
(DBN)

New inflation warning sign
(DBN)

U.S. inflation stays high for years, worrying Fed officials
(DBN)

Fed Finds Consumer Spending Holding As Confidence Slips
(DBN)

Americans’ Views of Economic Inequality, Its Causes and Who Should Fix It
(DBN)

More babies, more workers, way more AI
(DBN)

Federal Reserve Says AI Data Center Buildout Is Making Everything More Expensive
(DBN)

Small business optimism falls, hit by inflation, low labor quality: NFIB
(DBN)

Rising Costs Push Necessities Out of Reach for Nearly Half of Americans
(DBN)

Lawyers for Federal Reserve’s Lisa Cook say White House hearing set up by Trump is ‘biased’ • Lisa Cook lawyer questions Trump committee as president slams Fed gov
(DBN)

Social Security Administration announces 3.6% cost-of-living adjustment for 2027 • Some Costs For Seniors Rising Far Faster Than Social Security Increases • As Social Security races toward insolvency, retirees are getting their biggest COLA boost in 4 years
(DBN)

Why a $2 trillion deficit and 5% Treasury yields are becoming America’s biggest economic challenge
(DBN)

Krugman: Trump Plan to Punish US Economically if He Loses
(DBN)

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure
(DBN)

Energy, gas costs push inflation higher. Paychecks are lagging behind
(DBN)

IMF calls for US to cut deficits amid bond woes, China to shift away from exports
(DBN)

The Average 50-Something Is Worth $1.5 Million. Most Have Far Less
(DBN)

American Dream now out of reach unless you have $5.3M in assets, new report says
(DBN)

Billionaire Jeff Bezos Says AI Could Enable 3-Day Workweeks For Americans
(DBN)

Chart: IMF Sees World Economic Prospects Improving Slightly
(DBN)

Ranked: The World's Richest Countries (2006-2026)
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

U.S. Mortgage Rates Hit 7.5%, Extends Home Buying Slump
(DBN)

High Frequency Data: Recent Increase in Mortgage Rates Impacting Existing Home Supply and Demand
(DBN)

Home Sellers Now Outnumber Buyers By Record 63%
(DBN)

U.S. Pending Home Sales Sink Near 12-Year Low
(DBN)

The Fierce Battle to Control How Americans Buy and Sell Their Homes
(DBN)

Houston is now the top market for 'accidental landlords' in the US What it means for sellers.
(DBN)

Toledo beats NYC, Miami, and San Francisco for the biggest jump in home values
(DBN)

'Office' is actually having a scarcity problem
(DBN)

Labor Shortages a Growing Problem
(DBN)

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Municipalities:

Bakersfield Tops List Of America's Industrial Boomtowns
(DBN)

Mapped: America’s Fastest-Growing Major Cities
(DBN)

Fayette County schools’ finance leaders race to fix district’s money woes under intense scrutiny
(DBN)

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Oil/Gas:

Trump’s diesel dilemma — by the numbers • Giorgia Meloni criticizes Trump’s diesel deal with Putin • Global diesel prices set to rise again, warns IEA • Why Trump’s diesel deal with Russia may not actually lower prices • Trump doubles down on Russian diesel deal as Republicans run from it
(DBN)

US grocery prices poised to climb as soaring fuel costs drive inflation
(DBN)

IEA slashes oil demand outlook as Iran war squeezes supply and jolts prices
(DBN)

Oil Market Tightens as Tanker Attacks and Inventory Draws Mount
(DBN)

Trump Waves off High Oil Prices and Insists ‘We’re Making a Fortune’ Off of it
(DBN)

Trump Rebuked on Oil Drilling Soon In 'Our New' Greenland
(DBN)

A Maryland Lawmaker Blamed Democrats for High Gas Prices. Laughter Ensued.
(DBN)

European oil refineries’ margins collapse as input costs soar
(DBN)

Fossil fuel generation pipeline rebounds while new clean generation slows: EDF
(DBN)

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Politics:

Tracking approval and key issues • Approval Falls to New Low • Frustrated with Trump, voters overwhelmingly want change in Washington, an AP-NORC poll finds • Trump Brags About Bypassing Congress: ‘You Just Do It! You’re the President!’ • Donald Trump approval drops to 36% in new Fox News poll
(DBN)

Fox’s Brit Hume Warns of Election ‘Washout’ for Republicans
(DBN)

Trump’s Fans Ditch Truth Social in Stunning Exodus
(DBN)

The Breathtaking Cost of the Midterms: $10 Billion and Counting on Ads
(DBN)

South Texas Latino voters who flipped for Trump in 2024 are up for grabs in 2026
(DBN)

Unexpected House battles pop up deep in Trump country
(DBN)

House Democrats plan a first 100-days agenda if they sweep to power in midterm elections
(DBN)

Labash: Hating Trump More Healthily
(DBN)

'People in my own party don't understand what the average worker is going through'
(DBN)

Democrats hope to flip GOP seats with the help of veterans as anger spreads over Iran war
(DBN)

Americans have seen no real wage growth on average during Trump’s second term
(DBN)

Ken Paxton Admits Greg Abbott's Reelection Bid 'Struggling'
(DBN)

Republicans take an ominous turn in their midterm campaign
(DBN)

Humiliation for new press secretary Katie Zacharia as brutal texts reveal she was 'set up to fail' • Karoline Leavitt issues brutal truth hours after new press sec Katie Zacharia’s first briefing – as harsh rumors swirl • New White House press secretary Katie Zacharia ‘deletes all her bikini pics from social media’
(DBN)

Kimberly Guilfoyle Allegedly Threatening White House Over Ouster • Kimberly Guilfoyle Broke Trump’s Most Important Rule • ‘Honey Please’: The Steep Rise and Sudden Fall of Kimberly Guilfoyle • Greece ambassador Kimberley Guilfoyle was allegedly 'spiraling' after her live TV firing
(DBN)

White House probes claims of missing Kennedy Center money in "MAGA blood feud"
(DBN)

Critics Pile On Susan Collins Over Viral Video Clip — But It Was Deceptively Edited
(DBN)

House control all but gone, top Republicans privately concede
(DBN)

Trump’s foreign policy, Epstein and corruption allegations loom over Senate debates in Maine, Georgia and Iowa
(DBN)

'Failure Analysis' Logs More Reflecting Pool Damage: Report
(DBN)

Top bidders to attend Trump meme coin dinner appear foreign-based
(DBN)

Social Security emerges as a key issue in midterm battleground districts
(DBN)

Embattled War Secretary Pete Hegseth viciously interrupted with shouts of 'Nazi' during Army event
(DBN)

Scott Colom Charbroils GOP Rival's Beef Price Flap in Ad
(DBN)

Marsha Blackburn Torched Over Bizarre Kendrick Lamar AI Vid
(DBN)

U.S. Is Sending Hundreds of Troops to Latin America
(DBN)

Americans are losing faith in their fellow voters
(DBN)

Streaming Execution Would Be a National Security, Moral Failure
(DBN)

James Talarico debates voters CNN and Jubilee Media’s Texas town hall • Talarico announces record-breaking $64M haul • Talarico Describes Reading Conspiracy Theories: ‘I Learned… That I Had Died’ • Talarico on ‘God is nonbinary’ remark: ‘I was being provocative’
(DBN)

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Museums:

European museums are seeing a spike in high-value art theft
(DBN)

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Food/Beverage:

Wendy's store closures may be just the beginning, analyst warns
(DBN)

Alvarium Files for Chapter 11 Bankruptcy, Joining a Wave of Distressed Craft Breweries
(DBN)

Breaking Bad star’s barbecue joint goes belly up in bankruptcy
(DBN)

Reyes Beverage Group will acquire 11 RNDC markets in a bankruptcy shake-up
(DBN)

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Telecom:

Cable One, Escalating Debt Battle with CoBank, Challenges ‘Insolvency’ Allegation
(DBN)

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Crypto:

He crafted a crypto law for Trump—as his company got millions from a crypto giant
(DBN)

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Fraud:

Scammers Are Stealing Millions From Food Stamp Recipients. Congress Could Fix It — but Won’t.
(DBN)

September 2026 Ponzi Scheme Roundup
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Adversary Proceeding Filings (6 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Relief from insolvency pressures unlikely before H2 2027, says Atradius
(DBN)

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Notice:

BK SD NY: General Order M-678 in re: Bankruptcy Noticing Center
(DBN)

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Litigation Finance:

It’s been a bad year for turning lawsuits into earnings
(DBN)

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Arbitration:

When Arbitration Clauses Reach Companies That Never Signed Them
(DBN)

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Consultants:

McKinsey Partner Resigns From NGO as Backlash Over Online Posts Grows
(DBN)

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Aviation:

Bucharest court rejects Animawings’ insolvency request, may accept creditors’ similar request
(DBN)

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Theme Parks:

How a day of fun and thrill-seeking turned into a horrifying tragedy at Six Flags
(DBN)

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Climate:

The Earth's vital signs are concerning, a new report says
(DBN)

Dozens of California dams need repair as El Niño winter draws closer
(DBN)

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Entertainment:

5 reasons Netflix is struggling as it cuts about 1,000 staffers • Netflix has a problem layoffs can't solve
(DBN)

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Images:

Getty Images bankruptcy plan highlights AI's growing impact on business
(DBN)

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Tech:

AI's New Appetite: Labs Scour Bankruptcies for Real-World Training Data
(DBN)

AI vs. the railroads
(DBN)

Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos
(DBN)

UK firms struggle to turn AI productivity into growth, reveals EY survey
(DBN)

Ranked: The Most Used AI Chatbots in 2026
(DBN)

Other AI Companies Should Be Very Afraid of What Just Happened to Character.AI, According to Its Own Bankruptcy Documents • Character.AI Bankruptcy Puts Intimate Chats of 21M Users on Auction Block, 40 AGs Warn • Filing Alert: Character.AI Chapter 11 • Now that Character.AI is going bankrupt, what happens to all of its users’ data? • US states seek children’s data protections in Character.AI bankruptcy • Character.AI bankruptcy docs reveal its wild rise and fall
(DBN)

“Customer Surveillance” Startup Says “Every Company Will Soon Assign an AI Agent to Every Customer to Watch Their Every Move”
(DBN)

AI Agent Blamed for Deleting Entire Upcoming Season of TV Show
(DBN)

Scientists are finding AI may make us remember things that never happened
(DBN)

People Are Already Forming Romantic Relationships With Meta’s Muse
(DBN)

OpenAI Sued for Allegedly Building Models Out of Children’s “Fears, Hopes, and Secrets”
(DBN)

US chip stocks slide as inflation and AI debt fears unsettle investors
(DBN)

ASML says it’s getting order interest through 2030 as profit smashes expectations
(DBN)

Anthropic wants court in D.C. to rehear appeal of Pentagon blacklist
(DBN)

AI will make it possible to design and build organisms from scratch
(DBN)

Apple and OpenAI head to court in trade secrets battle
(DBN)

CoreWeave targets ‘unlimited’ insurance money to fund AI build-out
(DBN)

AI demand to exceed supply for 2 more years, says ASML
(DBN)

AI tools are aiding would-be spies
(DBN)

Data center builder offers Kansas town residents $10,000
(DBN)

TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
(DBN)

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Sovereigns:

Ranked: Countries That Owe the Most Money to the IMF
(DBN)

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UK:

Celebrity lawyer accused of participating in ‘outright plunder’ of BHS
(DBN)

Fortress reportedly narrows Poundland bid as insolvency concerns grow
(DBN)

Broadfield appoints Frank Bouette as restructuring partner
(DBN)

90% of businesses use credit to pay for insurance policies
(DBN)

UK economy grew 0.1% in August, beating expectations
(DBN)

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Canada:

Everis Insurance enters bankruptcy with $11M in liabilities
(DBN)

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Russia:

U.S. may have withheld warnings to Ukraine of Russian strikes that killed 6, cut power to 600,000, sources say • Zelensky: I feel betrayed by Trump
(DBN)

Ukraine warns Starlink limits are disrupting military operations as Russia pounds its energy infrastructure • Ukraine blindsided by Starlink restrictions and intelligence gaps • Ukraine's Starlink restrictions raise suspicions of Musk, Trump retaliation • What to know about Starshield, SpaceX’s military-focused Starlink service • Elon Musk says Trump is ‘ultimately’ responsible for any curbs on Ukraine’s Starshield systems • Trump, Senate GOP see Starlink become latest flash point over Ukraine
(DBN)

SIX Su-34 bombers ‘destroyed’ in deep strike on Russian airbase
(DBN)

Ukraine to resume strikes on Russian refineries, shattering hopes of an ‘energy ceasefire’
(DBN)

How Ukraine’s data center strikes have thrown Russia into turmoil • Up To 90% Of Elon Musk’s Fans May Have Been Russian Bots, And Ukraine Just Silenced Them • The Russian Bots Went Silent. Or Did They?
(DBN)

Le Pen casts doubt on future EU funding for Ukraine
(DBN)

Germany puts Ukrainian on trial accused of blowing up Nord Stream pipelines
(DBN)

____________

Austria:

Austrian court grants former property tycoon Benko's request for house arrest
(DBN)

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MENA:

Iran says it’s ‘counting the moments’ until it can attack U.S. warships; Saudi Aramco facilities attacked
(DBN)

Attacks on Ships in Strait of Hormuz Escalate Sharply • Two container ships sink near strait of Hormuz amid surge in Iranian attacks • US helicopters blow up Iranian spy boat in huge blaze after sea mine sinks container ship carrying iPhones
(DBN)

Saudi Energy Giant Struck as War Spikes Between Houthis and Saudi Arabia • Houthis on brink of seizing their biggest scalp • Why Saudi Arabia’s Aim of Defeating Yemen’s Houthis Is a Tall Order
(DBN)

Iranian woman handed death sentence for ‘blasphemy’ in social media post
(DBN)

Pakistan’s demographic time bomb
(DBN)

____________

France:

France is ‘putting the house in order,’ central bank chief says • The far-left firebrand who wants to upend France’s politics—and cancel its debt
(DBN)

French cybersecurity authority warns attack may be ongoing as stores scramble to restock
(DBN)

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Hungary:

Orbán-era business giant could go bankrupt with 16 thousand employees
(DBN)


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Germany:

The Insolvency Administrator's Long Memory – When Gratuitous Benefits Are Reclaimed
(DBN)

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Ireland:

‘Duty of candor’ to court on bankruptcy
(DBN)

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India:

IBC Appeal Limitation Starts From Pronouncement, Not Receipt of Certified Copy: SC Dismisses Tax Dept.’s Appeal
(DBN)

India’s Real Estate Insolvency Trap. Builders Get A Second Chance, Homebuyers Get Another Delay. Is Insolvency Becoming An Escape Route From Accountability?
(DBN)

India's 'cockroach' movement leaders detained in jail for five days, party and police say
(DBN)

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Hong Kong:

Timing and drafting prove decisive in Hong Kong SAR construction insolvency case
(DBN)

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China:

China’s exports surge 36% as AI-related shipments boom
(DBN)

Another warning sign for China’s economy: falling consumer credit
(DBN)

Mapped: Where China Out-Trades the U.S. and EU (2000 vs. 2025)
(DBN)

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Luxembourg:

Fewer bankruptcies over nine months despite temporary summer rise
(DBN)

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Netherlands:

Bankruptcies rise 16 percent in September: CBS
(DBN)

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