October 16, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

AI-Native Law Firms Lure Lawyers From Big Law
(DBN)

$3,000 an Hour Is Too Much, US Judge Tells Lawyer as Legal Fees Climb
(DBN)

DLA Piper accused of malpractice in soccer deals
(DBN)

Norton Rose Fulbright Wins Malpractice Suit As Court Cites Expired Statute of Limitations
(DBN)

Lawyer Charged With Insider Trading Wants to Subpoena Ex-Firms
(DBN)

Paralegal self-reports over work ‘completely infected by AI’
(DBN)

Law Firms Embrace Customized AI Solutions to Enhance Efficiency and Strategic Insight
(DBN)

Alex Murdaugh Appeals to Fourth Circuit Alleging Jury Tampering by Court Clerk
(DBN)

Hiring disparities among new lawyers grew wider for 2025 graduating class • New Law Grads Of Color Face Wider Employment Gap Amid Trump’s DEI Crackdown
(DBN)

Misericordia University plans to open new law school
(DBN)

The Lawyers Behind Hollywood’s $110 Billion Marriage, Including the Ones Who Tried to Stop the Wedding
(DBN)

Lawyer who fondled employee claims to be UN judge, priest, and Count
(DBN)

Personal injury lawyer disbarred after pleading guilty in stolen accident report scheme
(DBN)

Trump’s New Press Secretary Katie Zacharia Didn’t Pass the Bar Exam Despite President Calling Her an Attorney • Katie Zacharia now says she misheard question about her bar exam • Trump Press Secretary Zacharia Took Bar Exam, Failed, Called Herself Lawyer Anyway • Trump Press Secretary Defends Career, Downplays Bar Exam Results
(DBN)

Cornell Hires Buffalo Lawyers for Campus Rape Suit Defense
(DBN)

DOJ accuses California of 'knowingly' facilitating 'unlawful voting'
(DBN)

FBI says election officials were targets of suspicious letters containing ‘unknown substance’
(DBN)

'Chairman' Trump uses Dick Cheney precedent to keep Kennedy Center 'instructions' hidden
(DBN)

Attorneys clash over Trump's decision to use taxpayer money for campaign-style ads
(DBN)

MAGA donor hits Guilfoyle, attorneys with defamation lawsuit • Donor slaps suit against Kimberley Guilfoyle, threatens to release dirt on Trump if fraudster isn't extradited: 'This is not extortion'
(DBN)

Donald Trump’s Legal Fund Is Flirting With Insolvency
(DBN)

Mystery surrounds whether DOJ is investigating Gavin Newsom
(DBN)

Ex-GOP Congressman Matt Gaetz Accused of Sex Trafficking in New Suit
(DBN)

US Judge Allows Uber to Pursue RICO Case Against Philadelphia Lawyer
(DBN)

CBS News faces $20M defamation lawsuit after misidentifying Maryland teenager in Reflecting Pool report
(DBN)

O’Reilly Admits Dems ‘Probably Right’ That Omar Raid Was ‘Political Retribution’ • Trump Administration Raiding Ilhan Omar’s House Just To ‘See Where It Leads’
(DBN)

Dad deemed responsible for death of 5-year-old after his 6-year-old accidentally shot her
(DBN)

Woman stabbed friend in chest for saying her hair had 'fuzz in it': Police
(DBN)

Son angry over car money searched 'brain stem location' before blasting dad on couch
(DBN)

Parents caged 9 kids and forced them to stand with nails between their toes, cops say
(DBN)

Lake Mead murder victim found in barrel in 2022 ID’d — solving 40-plus-year cold case
(DBN)

Wedding venue sued for retaining $16K fee after groom dies
(DBN)

Man decapitated aunt and grandma with chain saw, then threatened to kill his lawyer: Cops
(DBN)

Dad who barged onto school bus and told his son to attack another child sentenced
(DBN)

Man shot Uber Eats driver in buttocks for trying to get his girlfriend's number: Cops
(DBN)

Woman directed man to shoot grandmother dead after feud at children's basketball game
(DBN)

Man who held Trader Joe's customers hostage and got a manager killed is sentenced
(DBN)

87-year-old community activist beaten after she helped boy get school clothes: Police
(DBN)

Car registered to man accused of planning mass shooting was at Hindu temple he targeted, police say
(DBN)

Man strangles his doctor wife to death, sets body on fire with girl sleeping nearby: Cops
(DBN)

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Judges:

Federal bankruptcy courts dealing with outages after contractor cyberattack
(DBN)

‘You Did Your Absolute Worst’: Judge Delivers Epic Benchslap Over Trump Golf Course Chainsaw Spree • Judge says DOI officials 'acted urgently' to defy her court order at Trump's request
(DBN)

Deepfakes Put Courtroom Evidence Under Growing Cloud of Doubt, OpenAI and Meta Warn
(DBN)

Before He Reached The Supreme Court, A Mob Nearly Got To Him First
(DBN)

The Second Amendment and AR-15s: an unexplained betrayal of originalism?
(DBN)

Appeals Court Reopens Virginia School Districts’ Fight Over Transgender Student Policies
(DBN)

Paul Clement hits record as prolific Supreme Court advocate
(DBN)

James Ho Ponders Auditions, Ambitions, and the Crushing Meaninglessness of Existence
(DBN)

Do Americans own the president's papers? Appeals court to weigh in
(DBN)

Gorsuch joins Sotomayor to question illegal immigrant's prosecution
(DBN)

9th Circuit blocks California from forcing ICE agents to display names and badge numbers
(DBN)

Federal Judge Rejects Trump Administration’s Challenge to New York City Sanctuary Laws
(DBN)

DC urges appeals court to end yearlong National Guard deployment in capital
(DBN)

Progressive Buyer's Remorse
(DBN)

A Houseboat Vacation and a Failed Courtship
(DBN)

Slapping Down an Insubordinate Court
(DBN)

Trump admin blasted by judge in 'rare' and atypical rebuke over fired FEMA head
(DBN)

Trump DEI Contractor Order Survives Court Challenge
(DBN)

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Wall Street:

US Stock Futures Rise as Turbulent Week Nears End • S&P 500 futures inch higher, but on pace for losing week
(DBN)

Investors dumping AI stocks as 'tech wreck' worsens • Investors are dumping AI stocks as 'tech wreck' worsens. Here's where they're turning now • The AI trade is splintering as inflation fears rattle hyped-up tech stocks
(DBN)

From a record high to a 10% drop in just two months: Why small-cap stocks have unraveled so fast
(DBN)

S&P 500 Ends Longest Streak Of Calm Since 2020 As AI Trade Sinks
(DBN)

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Layoffs:

Washington Post plans 118 layoffs tied to Springfield printing plant closure
(DBN)

TomTom shares down 5% after 200 job cuts and lower revenue outlook
(DBN)

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Maritime:

Threats to global shipping grow, amid a rise in attacks
(DBN)

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Autos:

First Brands: Lessons Learned from Denied Confirmation
(DBN)

Auto Lenders Turn to Loan Modifications to Keep Borrowers Behind the Wheel
(DBN)

Tesla confirms Autopilot/FSD was 'engaged' when car crossed a median and killed a man
(DBN)

Tesla on FSD makes left on red!
(DBN)

Tesla reveals next-generation Roadster after almost a decade of delays • Tesla shares rise 5% after unveiling new Roadster with flight capabilities • The world reacts to Elon Musk’s flying car
(DBN)

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Furniture:

American Home Furniture and Mattress going out of business
(DBN)

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Trucking:

R&R trucking CEO reports $12.7M in assets after company collapse
(DBN)

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Wellness:

Hain Celestial Weighs Chapter 11 Bankruptcy as Debt and Demand Pressures Mount
(DBN)

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Economy:

Fed’s Warsh praises global monetary ‘tightening’ with ‘no free riders’
(DBN)

Warsh Boosts Market Expectations of Fed Hold in October
(DBN)

Fed’s Warsh says AI boom could boost growth, but warns of bumpy transition
(DBN)

Jamie Dimon says AI is moving so fast that even governments can't stop it
(DBN)

Key US voters say economy is getting worse ahead of midterms, exclusive poll finds
(DBN)

Suddenly, Wall Street is worried that the US economy is more vulnerable than it looks
(DBN)

Producer prices surge at fastest pace since 2022, adding pressure on Fed
(DBN)

Krugman: On Inflation, Trump Snatched Defeat from the Jaws of Victory
(DBN)

Fox: Disapproval on Trump economy at 70%
(DBN)

Did this year's COLA beat inflation? Here's how spending by American seniors stacks up so far in 2026.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

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

Will mortgage rates stay above 7% in 2027? Signs point to yes.
(DBN)

Building Material Price Inflation Nears Four Year High
(DBN)

Lenders Accuse Nord Group Entities Of Pocketing Rents, Faking Insurance As Multifamily Empire Crumbles
(DBN)

As trustee, Wells Fargo wants CMBS sellers on the hook for fraud
(DBN)

Meet the baby chasers - they're transforming the housing market and solving the childcare crisis
(DBN)

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Municipalities:

Highlands' spending draws scrutiny as Sacramento charter seeks bankruptcy protection
(DBN)

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Oil/Gas:

Soaring heating oil prices put struggling Maine families in a bind as winter nears: "How are we going to stay warm?"
(DBN)

Oil prices on track for weekly gain amid Middle East supply worries
(DBN)

Standard Chartered: Trump's Russian Diesel Won't Add New Supply
(DBN)

The Diesel Crunch Will Persist Well into 2027
(DBN)

International Energy Agency to release more than 20 million barrels of diesel as soon as possible
(DBN)

____________

Sports:

Jon Rahm leaves £75.5 million on the table to walk away from LIV as bankrupt tour lets go of one of its biggest stars in major blow • Waiving financial claims: Rahm reaches separation deal with LIV in bankruptcy court • LIV Golf star admits he is torn about his future with three possible options on the table • Bryson DeChambeau among 19 LIV golfers released from deals in ruling
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Power struggle erupts in Trump's White House as midterm losses loom
(DBN)

Trump's MAGA allies openly discuss martial law
(DBN)

$137 Million in AI-Generated Ads Flood Midterms
(DBN)

New Poll Finds Some Voters Want ‘Complete and Total Upheaval’ as Midterms Loom
(DBN)

Poll: 'Govt Corruption' Top Issue For 88% of Americans
(DBN)

Vance says "selling access to the White House" is "disgusting and despicable"
(DBN)

Trump Wildly Claims ‘I Don’t Go Around Mocking People’ — Let’s Go to the Tape!
(DBN)

Ted Cruz Sounds Alarm on GOP Anti-Semitism: More Than ‘Any Point In My Lifetime’
(DBN)

Trump says ‘if Ken Paxton loses’ Texas Senate race, blame Cornyn and Karl Rove
(DBN)

Trump is reportedly looking to replace Susie Wiles: ‘She’s burned a lot of people’ • Trump throws cold water on report Wiles is on thin ice
(DBN)

The Trump Administration and the Shrinking Number of Women in Top Roles
(DBN)

Trump cancels Hegseth's plan to live-stream Fort Hood shooter's execution
(DBN)

Here’s the list of ballroom donors—and Trump’s not on it
(DBN)

White House Press Secretary Katie Zacharia Was an Affiliate Marketer for a Fitness MLM
(DBN)

White House played central role in antitrust probe of TV networks
(DBN)

Jared Kushner 'unlawfully' serving as diplomat, lawsuit alleges
(DBN)

Musk settle lawsuits over 2024 election 'lottery'
(DBN)

Rep. Andy Harris threatens prosecution of student reporter for trying to record him after debate
(DBN)

US lawmakers unveil bill to hold Wall Street’s ‘Epstein-connected’ bosses to account
(DBN)

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Entertainment:

New York Overtakes California as Top State for Movie and TV Production
(DBN)

Netflix Chief Content Officer Out
(DBN)

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Education:

3 children, 1 teacher killed in shooting at Bend, Oregon, elementary school, police say; suspect dead • Bystander kills 16-year-old shooter • Oregon elementary school teen gunman fired his mom’s shotgun at truck before rampage that left 3 kids, teacher dead: report
(DBN)

Harvard’s endowment jumps 27% in fiscal 2026, lifted by SpaceX as top holding
(DBN)

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Healthcare:

California hospital hits 8 days of cash on hand, faces 'serious financial gap'
(DBN)

Why Health Insurance Protects Hospitals from Bankruptcy, Not Patients
(DBN)

19 health system rating downgrades
(DBN)

After booting 760K off ACA health plans, the Trump administration adds some people back
(DBN)

Individual market enrollment drops 18%
(DBN)

Focused Behavior Solutions Files for Bankruptcy Citing Reimbursement Delays as Key Cause - Behavioral Health Business
(DBN)

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Food/Beverage:

Salad and Go's CoFounder is Bringing the Bankrupt Chain Back to Life
(DBN)

Adelaida Vineyards Paso Robles Faces Buyer Deadline
(DBN)

California Wine Industry Crisis — Famous Wineries Face Closures and Bankruptcy
(DBN)

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Celebs:

Verdict in Shilo Sanders' bankruptcy trial likely delayed to January or later
(DBN)

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Television:

TV Azteca-linked companies allegedly transferred funds to AlterBank before pre-bankruptcy loan
(DBN)

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Social Media:

Florida Can Enforce Social Media Ban for Under-14s
(DBN)

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Assisted Living:

Mass. moves to revoke RegalCare nursing home licenses after Boston Globe investigation
(DBN)

Judge finalizes bankruptcy for major New Mexico nursing home operator
(DBN)

Stinson Secures $1 Billion Credit Recovery in Genesis Healthcare Chapter 11 Bankruptcy Case
(DBN)

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Personal Finance:

Good debt vs. bad debt: Why experts say rethink labels
(DBN)

Nearly 64% Of Financial Advisor Clients Are Asking AI About Their Money
(DBN)

Retired Americans Are Putting Off Fun For Fear Of Running Out Of Money
(DBN)

Add Your Daughter to the Deed of a $450,000 House to Skip Probate, and When She Sells It the IRS Will Tax Her on 47 Years of Gains a Will Would Have Erased.
(DBN)

____________

New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Large Corporate Bankruptcy Filings Down, But Still Above Historic Levels
(DBN)

______________

Eligibility:

Distress Is Moving Down-Market: What Lenders Need to Know About Rising Small-Business Filings and the Bankruptcy Threshold Adjustment Act
(DBN)

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D&O:

New Complaints Highlight AI Platforms and Data Center Infrastructure D&O Risk
(DBN)

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Bankruptcy Reform:

Reps. Correa, Lee sponsor bill to protect innocent partners from financial fraud and abuse
(DBN)

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Cross-Border:

Shall I compare thee to an English restructuring?
(DBN)

____________

Mass Torts:

Purdue Pharma, the Sackler Family and the Costs of Delay
(DBN)

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Miscellaneous:

AIRA Journal
(DBN)

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Automatic Stay:

Awarding Both Emotional Distress and Punitive Damages to Debtor Under § 362(k) (Locali v. Rodriguez)—Part 1
(DBN)

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Aviation:

Another low-cost airline, OMNI Aviação, loses license after bankruptcy
(DBN)

The Failure of COMI and the Case for Revisiting the Model Law on Cross-Border Insolvency: Lessons from the Airline Industry
(DBN)

____________

Tax:

California puts first billionaire tax to the vote
(DBN)

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Tech:

Too-Big-To-Fail 3.0: When AI Goes Bankrupt, Who Keeps Our Secrets?
(DBN)

CoreWeave Stock Wipeout Exposes Divide Between AI Fear and Greed • CoreWeave investors are feeling spooked, as the company's stock and bonds see fresh pressure • CoreWeave's AI bonds tumble, raising red flags for the wider market
(DBN)

Blackstone’s Jon Gray Plots Once-in-a-Century Bet on the AI Boom
(DBN)

AI robots are roaming LA grocery store aisles. Shoppers and workers are worried
(DBN)

Google Details AI-Driven Theft of Thousands of Credentials in Under Six Hours
(DBN)

Volta’s $5 billion debt deal is a pulse check on the AI-financing boom
(DBN)

Anthropic's slowing growth could be the AI trade's latest red flag
(DBN)

Will see huge wave of bankruptcy when neocloud over-investment ultimately implodes: Dan Niles
(DBN)

Finally, A Way To Measure AI ROI: Be Careful What You Ask For
(DBN)

FTC Sends Legal Notices To Anthropic And OpenAI Over AI Safety Incidents
(DBN)

Traders sour on AI stocks despite bumper third-quarter revenues
(DBN)

OpenAI Hit With Stack of Lawsuits Over ChatGPT Allegedly Coaching Children to Harm Themselves
(DBN)

Big banks see risks in financing the AI boom, but are happy to keep writing the checks
(DBN)

Smartphone sales drop as chip costs soar
(DBN)

Woman arrested after blocking delivery robot in Center City Philadelphia confrontation
(DBN)

Residents Reject $10,000 Each to Let a Data Center Set Up in Their Town
(DBN)

Data Centers Are Driving Conservative Rural Voters to The Democratic Party En Masse
(DBN)

Meta data center credits draw congressional scrutiny
(DBN)

If AI Models Are Really Conscious Like Anthropic Keeps Suggesting, Forcing Them to Work Is a Horrendous Act of Slavery
(DBN)

Online ads weaponized to deliver ‘zero-click’ spyware, researchers say
(DBN)

____________

UK:

Evolution, not revolution: England’s insolvency rules under review
(DBN)

Pogust Goodhead defeats rival’s attempt to pinch 420,000 clients
(DBN)

Thames Water’s senior creditors near deal with rivals to avoid court challenge
(DBN)

Koo Stark's ex faces new bankruptcy claim
(DBN)

Slough Borough Council oversight could run to late 2029
(DBN)

Solicitor makes ‘absurd’ bid to rejoin firm that fired her
(DBN)

Barrister involved in £1.8m legal aid scam disbarred
(DBN)

BMWs, school fees and Botox: solicitors share the big expenses keeping them in BigLaw
(DBN)

____________

Canada:

Ssense Is Back With a Designer Sale
(DBN)

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Albania:

Anti-Trump protesters torch Albanian govt buildings • Clashes sparked by Kushner-linked project swell
(DBN)

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Netherlands:

Dutch lawmakers press Cabinet to rescue nearly bankrupt seal center in Lauwersoog
(DBN)

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France:

Half of French Muslims would consider leaving if Le Pen wins
(DBN)

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Russia:

Inside the Plague Research Labs at the Heart of a Russian Mystery
(DBN)

Elon Musk Blames Trump for Restricting Ukraine’s Starlink • Trump, Senate GOP see Starlink become latest flash point over Ukraine • Elon Musk Says It Was the Pentagon That Shut Down Starlink for the Ukrainian Military • Order to limit Starshield for Ukraine came from inside White House, sources say • Rep. Brian Fitzpatrick warns of 'consequences' if US abandons Ukraine
(DBN)

Why Russia believes it can finally crush Ukraine this winter
(DBN)

EU leaders to urge Zelenskyy to rein in criticism of Trump
(DBN)

A seating plan reveals that Russia has returned to G20 table
(DBN)

Russian Digital Infrastructure as a Tool for Election Interference in the United States and the EU
(DBN)

____________

MENA:

White House prepares plans to use weapon dubbed "mother of all bombs" on Iran, sources say
(DBN)

Trump says he won’t use nuclear weapons or send ground troops to Iran
(DBN)

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Australia:

1 in 10 invoices overdue as business defaults climb
(DBN)

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India:

Spectrum judgment’s impact on resolution of regulated entities
(DBN)

India's Two Parallel Economies, ETCFO
(DBN)

Profitable Companies Can Face Insolvency Proceedings If They Default On Loans: Supreme Court
(DBN)

____________

Spain:

Bankruptcy proceedings and layoffs soar in 2026
(DBN)

____________

South Korea:

"Market confidence does not come only from the quick exit of insolvent companies"
(DBN)

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