October 2, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Cahill Matches Milbank Special Bonuses: BigLaw's First Taker
(DBN)

Firm enlists secretaries to spy on lawyers
(DBN)

King & Spalding Strengthens Restructuring Platform with Addition of Ted Dillman in New York
(DBN)

Moses Singer Welcomes New Bankruptcy & Creditor’s Rights Partner
(DBN)

Kirkland Tops H1 2026 M&A Rankings as Dealmaking Hits Record
(DBN)

CMS plans support staff redundancies as AI rises
(DBN)

Quinn Emanuel’s Seven-Win Week Leaves Little Time for Mourning
(DBN)

A serial entrepreneur raised $17 million to build a Big Law alternative.
(DBN)

Family of Renee Good Sues Trump Admin Over ICE Shooting • How local police get paid big money for just a few immigration arrests • Trump Administration Moves to Deport Jewish Man Who Protested Israel • Supreme Court to decide lawfulness of Trump’s immigrant detention policy • New Facility at Louisiana Airport to Hold Immigrant Children and Families • US looks to expand use of canoe-sized drones to deter migrant crossings
(DBN)

Watchdog group sues DHS for records to back claims that 250,000 noncitizens are registered to vote
(DBN)

DLA Piper Is Defending The Paywall On Trump's Presidency
(DBN)

Tennessee halts executions after woman survives lethal injection • Media Witnesses Give Horrifying Account of Failed Christa Pike Execution • John Yoo: ‘Why Not Use the Firing Squad’ on Christa Pike After Failed Execution • Pike Said She Rued a Grisly Crime. The Victim’s Mother Wants Her Dead • Christa Pike likely has ‘brain injury’ after botched execution — here’s what went wrong • Christa Pike is first death row inmate ever to survive lethal injection, expert says • Christa Pike's botched execution follows a pattern of issues with lethal drugs • Christa Pike is in critical condition after Tennessee’s failed execution attempt, her lawyers say • Tennessee used 7 needles in botched execution -- she tried to help them find her vein! • Christa Pike gets life-saving medical care after surviving Tennessee execution
(DBN)

U.C.L.A. Says Justice Department is ‘Weaponizing’ Civil Rights Laws
(DBN)

Decades after Watergate, Justice Department reviews whether Nixon got a raw deal
(DBN)

Alleged ‘Cornell 7’ gang rape victim said frat members joked about having ‘eightsome’ with her • 35% of undergraduate women at Cornell University say they have been sexually assaulted on campus • What we know about the Cornell University rape investigation • Special prosecutor taking over investigation of Cornell University gang rape allegations as new details emerge
(DBN)

Trump Open to Pardoning Top Staffers Before Term Ends: ‘Sleepy Joe Gave Pardons’
(DBN)

Massachusetts man indicted for repeated calls, texts to Stephen Miller's wife
(DBN)

California, six other states sue Trump administration over federal funds
(DBN)

Lindsay Clancy's defense shifts strategy in bid to avert retrial • Lindsay Clancy’s lawyer sets record straight after shock evidence claims at killer mom’s hearing • Lindsay Clancy bid to dismiss murder case denied—here's what happens next
(DBN)

Texas woman allegedly took child to pedophile doctor to have sex with in return for meds
(DBN)

GOP Senator Was Reportedly Warned His So-Called Jack Smith Evidence Was ‘Unvetted’
(DBN)

Florida county discovers mysterious Flock cameras with no obvious owner
(DBN)

Man held girlfriend captive for days, used 'clear Kool-Aid jug' to waterboard victim: Cops
(DBN)

Fast-food customer shot sleeping driver after hearing worker say 'we can't let him leave' during drive-thru delay, police say
(DBN)

Man set woman ablaze after he used debit card without asking,
(DBN)

Man at new job announces he's going to start killing before shooting co-workers: Police
(DBN)

Mom pulled gun on children's store employee because son wasn't allowed to play, police say
(DBN)

Mother shot and killed 4-year-old girl after losing custody to child's father: Police
(DBN)

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Judges:

US judge finds law criminalizing noncitizen voting unconstitutional
(DBN)

Judge Bars DOJ From Reviving Reflecting Pool Case Against Ex-Olympian
(DBN)

John Roberts Retreated to His Island. Supreme Court Critics Found Him.
(DBN)

Judge cites chief justice's dissent in Trump ballroom case as she turns away Jan. 6 cops
(DBN)

Trump Flat Out Says He Regrets Nominating All 3 of His SCOTUS Picks
(DBN)

US judge restores court-appointed top federal prosecutor Trump fired in Seattle • Judge rules Trump can’t fire court-appointed prosecutors
(DBN)

US Judge blocks housing grant cuts while anti-DEI challenge proceeds
(DBN)

DOJ seeks penalties for Minnesota judges who gave press interview criticizing Trump on immigration
(DBN)

Federal appeals court rejects Donald Trump's challenge to collusion finding tied to IRS settlement
(DBN)

Appeals court blocks plan to engrave Trump's name on US Institute of Peace building
(DBN)

White House blocks CNN from pool duty despite judge’s order
(DBN)

Rick Ross Arrested on Felony Strangulation Charge, Judge Shuts Down Attorney’s Celebrity Plea: ‘I Have No Idea Who You Are’
(DBN)

The Supreme Court’s Summer Break Vanishes, Erased by Emergencies
(DBN)

Exorcising Justice Alito’s Voter Fraud Boogeyman
(DBN)

YPF Investors Take $16.1 Billion Argentina Dispute to US Supreme Court
(DBN)

Art and Law: How a Kennedy Center Judge’s Artistic Roots Enrich Judicial Perspectives
(DBN)

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Wall Street:

Stock futures rise as oil prices fall and jobs report looms • U.S. stock futures placid with nonfarm payrolls in focus
(DBN)

European shares set for worst week since April as soaring EU yields weigh
(DBN)

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Layoffs:

Ford CEO says AI is taking over spreadsheet jobs. It still needs humans to fix robots
(DBN)

RTI to cut 200 more jobs
(DBN)

BMW to reduce senior management by one fifth
(DBN)

N.J. corporate giant Prudential Insurance plans 125 more job cuts
(DBN)

BioMarin lays off 117 California workers
(DBN)

Comcast's NBCUniversal cuts streaming technology jobs
(DBN)

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Crypto:

Inside Binance Founder Changpeng Zhao’s Life After Prison
(DBN)

Trump loses favor with crypto fans who call him out for cashing in
(DBN)

BitMart pins $319.5 million shortfall on 2021 hack in user repayment plan
(DBN)

Self-described 'Crypto King' to defend himself at fraud trial after delay to find representation is denied
(DBN)

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Hedge Funds:

Sotheby's to sell artworks from bankrupt hedge funder George Weiss
(DBN)

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Religion:

A 'tsunami' of church closings is poised to remake America
(DBN)

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Tech:

Companies struggle to turn AI productivity gains into profits: EY
(DBN)

California adds new AI protections for workers. Employers can't let algorithms make firing decisions alone
(DBN)

California laws protect clinician judgment when AI is used in care
(DBN)

The AI boom is pushing bond yields higher in ways that go beyond corporate borrowing, ING says
(DBN)

New Mexico, Going It Alone, Tallies Up Huge Wins Against Meta
(DBN)

Rogue OpenAI Agents Covered Up Their Tracks, Report Says
(DBN)

California AG Bonta issues subpoena to OpenAI over AI cybersecurity risks
(DBN)

Data Centers Are a $6 Trillion Time Bomb, Analysts Warn
(DBN)

A.I. Is Going Rogue. Who Should Be Held Responsible?
(DBN)

California tech CEO arrested for allegedly smuggling $300 million in restricted AI chips into China
(DBN)

A.I. Anxiety Is Spilling Into the Therapist’s Office
(DBN)

AI 'godfather' Yann LeCun has 'zero concerns' about human extinction, says Anthropic CEO Dario Amodei is 'deluded'
(DBN)

It’s Looking Possible That Zuckerberg Is Accidentally Committing Corporate Suicide
(DBN)

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Healthcare:

Bill patients for emailing? This could backfire.
(DBN)

____________

Climate:

Swiss Glaciers Vanished by Nearly a Fifth in Recent Years, Scientists Say
(DBN)

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Gambling:

Lakewood card rooms among those under closure threat amid operator’s bankruptcy
(DBN)

Maverick Gaming to Close Eight More Washington Casinos
(DBN)

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Mining:

Trona mining company bankruptcy sale closes; creditors would get 3 to 3.6 cents on the dollar under pending plan
(DBN)

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Banking:

Six Banks Failed In 2026
(DBN)

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Student Debt:

Trump administration launches student loan default support center
(DBN)

Soaring Student Loan Bills Add To Voters' Affordability Squeeze
(DBN)

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Ride Hailing:

Your Driverless Cab Is Spying on You
(DBN)

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Economy:

Fed’s Warsh seeks to avoid forward guidance. His colleagues aren’t listening
(DBN)

The Powerful Yet Fragile Force Propping Up Stocks and the Economy
(DBN)

Why Powell is likely to stick around at the Fed • Trump could target three Fed governors. Removing them may be harder than it looks • Federal Reserve watchdog finds no criminal violations for building renovation cost overruns
(DBN)

Fed’s Kashkari says inflation ‘still too high’ despite lower PCE data than expected
(DBN)

The Fed's long-term interest rate problem
(DBN)

Good news in US inflation report boosts chances Fed won’t hike rates
(DBN)

Junk bonds cross into distressed territory: High-yield funds now hold bankruptcy bets
(DBN)

The Global Bond Rout Reaches Worrying New Levels • The secret signs the bond sell-off might be ending • US borrowing costs hit 24-year high as global bond sell-off intensifies
(DBN)

A Globalist Comeback? - Hints of a business break with MAGA
(DBN)

U.S. Inflation Rises Below Expectations in August; Consumer Spending Remains Strong • PCE Inflation Remains Elevated
(DBN)

Fed’s Logan says ’50 bps or more’ rate hikes needed to curb inflation
(DBN)

The rise of the 'two-job job': 61% of workers say they're now doing more than one role
(DBN)

The world opinion shifts on tariffs
(DBN)

Economic Growth Continued Across Most States in the Second Quarter
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

FHFA’s Q2 National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores
(DBN)

How 7% mortgages are wrecking the home-buyer playbook
(DBN)

Mortgage Rates Soar to 3-Year High as Global Bond Market Selloff Deepens
(DBN)

US mortgage rates jump by most in 4 years in latest week
(DBN)

As Mortgage Rates Climb to Highest Level Since 2023, Buyers Seek Alternatives
(DBN)

Silver Tsunami of Aging Boomers Will Dampen Housing Demand, Study Finds
(DBN)

Emails and Texts Offer Inside Look Into Mamdani’s Rent Freeze Push
(DBN)

Downtown Boston office woes continue as another tower hits foreclosure auction block
(DBN)

HouseCanary touts Google listings deal as Chapter 11 fight deepens
(DBN)

Court Holds Debt Buyer Wilmington Trust Vicariously Liable for Servicer
(DBN)

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Municipalities:

Municipal Bonds Post Worst Month Since 2008
(DBN)

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Oil/Gas:

Oil prices fall over 3% on report of potential diesel, crude stock release; Brent back below $100
(DBN)

Calls for gas tax suspensions grow as Americans struggle with high prices
(DBN)

Mass layoffs, trucking bankruptcies mount amid diesel price shock
(DBN)

Truckers Are ‘Just Trying to Hang On’ When a Fill-Up Tops $1,000
(DBN)

America’s Critical Supply Chain Is Breaking
(DBN)

UK Holds Emergency Talks With U.S. as Diesel Crisis Escalates
(DBN)

If You Think Rising Oil Prices Are Bad, Just Wait for the Inevitable Crash
(DBN)

Trump’s Threat to Ban Diesel Exports Sets Off Global Alarms
(DBN)

Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?
(DBN)

____________

Musical Instruments:

Dean parent company must pay Gibson $4 million in legal fees after trademark loss
(DBN)

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Batteries:

Builders said a Kentucky battery plant's owner owed them $138.4 million, got accused of overbilling, then bought the plant in bankruptcy
(DBN)

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Politics:

Tracking approval and key issues • 26% Approval on Economy • 8 in 10 Americans disapprove of Trump on inflation. That’s extremely rare for a president • Trump's economic polling sinks, rivaling Biden's worst • As the US midterms approach, Trump’s boasts on the economy fall flat with voters • Stunning New AP Poll Shows Whopping 69% of Americans Disapprove of Trump • Fox’s Lara Trump Says Iran War ‘Could Cost’ Trump the Midterm Elections • Poll after poll shows that Trump’s presidency is not going well. And he has only himself to blame. • Just 17% approve of Trump on cost of living as voters blame his policies
(DBN)

With Republicans in trouble, Trump gives himself an A+ ‘on everything’
(DBN)

Trump not ruling out invoking Insurrection Act around midterms
(DBN)

Trump’s red-state tour raises eyebrows and anxiety among Republicans
(DBN)

10 Democrat-held House seats most likely to flip
(DBN)

Read the Full Transcript of Donald Trump’s 2026 Interview With TIME • Trump: 'I Don't Know What the Hell's Wrong' • 5 Wildest Bombshell Moments From Trump’s Rollercoaster TIME Interview • Fact-Checking What Donald Trump Said in His 2026 Interview With TIME
(DBN)

‘Get Focused!’ Karl Rove Drops Epic Tirade On Trump’s Midterm Distractions
(DBN)

Inside Ken Paxton's jet-setting lifestyle: California wineries, European hot spots and ski resorts
(DBN)

Jackson holds edge over Collins in Maine Senate race: Poll
(DBN)

Capitol Hill is a ghost town until November
(DBN)

Mississippi Democrats dare to wonder whether Senate seat is in reach
(DBN)

60% Chance Dems Take Senate
(DBN)

Democratic wave is hitting Republican states hardest, scrambling Senate strategy
(DBN)

Wealth Executives See Senate In Play As Midterm Election Looms
(DBN)

Red-state panic as Trump scrambles to defend 10 strongholds he won in landslides - and Democrats seize lead in shock state
(DBN)

Trump does not rule out demolishing the Kennedy Center • Kennedy Center on track to be Trump’s next bankruptcy
(DBN)

How One Republican Plans to Survive a Blue Wave
(DBN)

Company behind Iowa steel plant praised by Trump has history of trouble • Company behind proposed Iowa steel plant filed for bankruptcy in 2016
(DBN)

Hegseth puts the future of warfare in the hands of major MAGA donors • Musk returns to government for Pentagon study
(DBN)

Democrats call for probe into Kimberly Guilfoyle’s conduct
(DBN)

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Autos:

Tricolor a Year Later: Backup Servicers Face a More Proactive Oversight Mandate
(DBN)

Experian examines subprime growth through first 6 months of year
(DBN)

____________

Retailing:

TJ Maxx is closing select US stores — here’s the list of locations to shut down this year
(DBN)

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Military:

Pentagon data breach exposes personal info of 3M people with military ties
(DBN)

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Sports:

Sergio Garcia seeks termination of LIV Golf contract amid bankruptcy. Why? • Sergio Garcia's lawyer seeks damning clause in LIV Golf bankruptcy case
(DBN)

LIV Golf Embroiled in Another Legal Case as Australian Authority Forces for ‘Answers’ Amid Bankruptcy
(DBN)

____________

Food/Beverage:

Fat Brands name is dead after bankruptcy, sale of 12 restaurant chains
(DBN)

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Theme Parks:

Judge approves $14.8 million sale of Glenwood Caverns Adventure Park
(DBN)

Four Beluga Whales Died Weeks After Being Rescued From a Defunct Marine Park in Canada. Were the Animals Too Sick to Be Moved?
(DBN)

____________

Celebs:

Kurupt Says Left Eye Gave Him the Bankruptcy Tip to Leave Death Row
(DBN)

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Rail:

Brightline Florida debt downgraded as restructuring and Chapter 11 filings deepen credit stress
(DBN)

Brightline Offers Creditors 4.75% Equity Stake to Win Support for Bankruptcy Plan
(DBN)

Will Debt Restructuring Sustain Brightline?
(DBN)

____________

Electricity:

Pleasants Power Station sale advances with multiple bidders in bankruptcy case
(DBN)

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Adoption:

Owner of Utah adoption agency closed under scrutiny files for bankruptcy
(DBN)

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Consumer Finance:

Americans Are Using Buy Now, Pay Later More Than Ever
(DBN)

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Utilities:

Power Demand Is Surging Faster Than Grids Can Keep Up
(DBN)

____________

New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (79 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Personal bankruptcy filings up nearly 50% since 2022, analysis finds
(DBN)

Chapter 11 activity offsets collapse in out-of-court mandates in August – US and Canada Restructuring Advisory Mandates Report
(DBN)

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Mass Torts:

In a surprise move, Vermont’s Roman Catholic Diocese seeks to dismiss its 2-year-old bankruptcy case • Vermont's Catholic diocese wants to abandon bankruptcy process
(DBN)

Abuse survivors’ attorneys fight Burlington Catholic Diocese move to dismiss bankruptcy
(DBN)

Texas Court Approves $7.5 Million Settlement in Chemical Explosion Case, Setting Precedent for Mass Tort Proceedings
(DBN)

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Cross-Border:

syncreon’s Financial Restructuring Implemented By Landmark English Schemes of Arrangement With Parallel Chapter 15 and CCAA recognition
(DBN)

First recognition of an Indonesian corporate bankruptcy in Singapore: A new route for asset tracing and recovery for Indonesian curators
(DBN)

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Subchapter V:

Projected Disposable Income & “True-Up” Provision (In re Phil Kean Designs—Part 1)
(DBN)

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Automatic Stay:

Read the Bold Print: What Palazzo v. Bayview Means for Bankruptcy Disclaimers
(DBN)

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Aviation:

Conspiracy theories about flydubai attack spread across social media, reports find • Co-pilot who tried to crash FlyDubai jet was ‘radicalized,’ Israel says • Israeli Politicians Trade Barbs Over FlyDubai Attack • Flydubai pilot stabbed in head, had arm ‘split in two’ before flight saved by ‘superheroes’ • Investigators Seek to Determine How a Weapon Entered FlyDubai Cockpit • Accused flydubai hijacker religious extremist who refuses to shake women's hands: 'We hired a terrorist' • Trump vows to hit Iran 'very hard' if linked to flydubai attack
(DBN)

Trump removes chairs for TSA agents, saying they ‘must meet fitness for duty requirements’
(DBN)

NTSB report says pilots weren’t warned about wind before Amazon-branded plane crashed in Miami
(DBN)

United Airlines gets aggressive in battle for top Delta, American flyers • United is going hard for Delta customers over Starlink. And some United customers don't like it.
(DBN)

____________

Education:

Saint Augustine's discuss real estate deal, 50 plus 1 deal during bankruptcy hearing
(DBN)

Shaw University alumni file formal complaint with NC AG's office about school decisions
(DBN)

DA Announces Criminal Charges Against Director of Defunct Charter School
(DBN)

College importance hits record low in Gallup poll
(DBN)

Bipartisan bill seeks to ban cellphones in schools nationwide
(DBN)

Inside 'underground' frat houses killing students with extreme hazing rituals
(DBN)

Teacher fired after offering students extra credit in exchange for donations to fund her trip
(DBN)

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Agribusiness:

Interactive map reveals hidden ag financial distress trends nationwide
(DBN)

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Metals:

America’s copper hoard stokes fear of a supply crunch
(DBN)

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Prediction Markets:

Financial Watchdog Investigates Adam Kinzinger for Making Bets on His Pardon
(DBN)

He was banned by betting sites, and filed for bankruptcy. Then he relapsed on Kalshi
(DBN)

____________

Fraud:

Male escort who allegedly swindled NYC ‘Roblox’ widow out of $6M ‘fled to Dubai’: lawyer
(DBN)

Scammers impersonate criminal defense lawyer in scheme to defraud families of jailed people
(DBN)

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UK:

Stephenson Harwood in merger talks with Taylor Wessing
(DBN)

Legal500 accidentally publishes terrible reviews of top barristers
(DBN)

Law Society scraps minimum wage for trainees
(DBN)

Six in ten businesses say customers are taking longer to pay than a year ago
(DBN)

Bank of England governor warns AI poses growing threat to financial stability
(DBN)

Business lending growth forecasted to halve this year
(DBN)

A Brexit reversal is on the table 10 years on from the vote.
(DBN)

____________

EU:

EU Insolvency Harmonization Directive: What Businesses, Creditors And Investors Need To Know.
(DBN)

Eurozone inflation hits its highest level in three years at 3.8% as energy costs soar
(DBN)

Is Another Eurozone Debt Crisis Looming?
(DBN)

____________

Canada:

Consumers Holding On as Canadian Insolvencies Driven by Proposals Rather Than Bankruptcies, BMO Says
(DBN)

____________

Russia:

The Baltics are getting ready for a Russian attack
(DBN)

Russian official warns country will eventually 'go nuclear' and there will be 'little left' of some European countries if they continue to back Ukraine
(DBN)

Russia to Sharply Increase War Spending and Cut to Social Programs
(DBN)

Zelenskyy says Putin’s gloves are off
(DBN)

____________

Brazil:

One Issue Hanging Over Brazil’s Presidential Election: Online Gambling and Record-High Debts
(DBN)

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Cuba:

Is Cuba on the brink of collapse? A photographer took a road trip to find out
(DBN)

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France:

‘We cannot sweep the dust under the carpet’: French national debt is projected to grow to 122% of its GDP, prompting ideas to cancel government bonds • France Unveils Cost-cutting 2027 Budget As Borrowing Costs Rise • Debt-ridden France branded ‘the new sick man of Europe’
(DBN)

French high school students set fires, clash with police in anger over school conditions
(DBN)

____________

Germany:

Major German department store chain Galeria files for bankruptcy again
(DBN)

____________

Hong Kong:

Hong Kong Court clarifies the reach and limits of cross-border insolvency recognition and assistance
(DBN)

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Ireland:

Hospitality sector insolvencies down 23% as VAT cut supports ‘stabilization’
(DBN)

____________

Brazil:

Brazil votes in high-stakes election as U.S.-China rivalry and debt loom large
(DBN)

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Singapore:

Singapore launches dating app to boost plunging birth rate
(DBN)

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India:

NCLT prez suggests increasing admission threshold for insolvency cases
(DBN)

DHFL’s Insolvency Clean Slate Raises A Hard Question — Can Corporate Bankruptcy Become An Escape Hatch For Financial Misconduct?
(DBN)

IBBI Chair Calls for Urgent Reforms in India's Insolvency Framework, ETCFO
(DBN)

Fraudulent Initiation Doesn’t Automatically End Insolvency Proceedings; Creditors’ Interests Must Be Examined: Supreme Court
(DBN)

____________

MENA:

US Withdraws Last Remaining Troops Out Of Iraq
(DBN)

No lights and no radio: Getting oil through Hormuz is a risky job
(DBN)

Middle East Oil Exports Stage a Remarkable Comeback
(DBN)

Marco Rubio orders Iranian delegation to leave the US immediately
(DBN)

US is moving thousands of troops aboard ships to the Mideast as Trump weighs new strikes on Iran • US sending third aircraft carrier, up to 10,000 more troops, to Middle East • Iran offers to allow nuclear inspectors if sanctions are eased
(DBN)

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Argentina:

YPF investors ask US Supreme Court to revive $16.1 billion judgment against Argentina
(DBN)

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Australia:

ANZ drops KPMG from audit job as accounting body fails to land a hit • KPMG global general counsel Anne Collins exits following Australian whistleblower scandal
(DBN)

Australia's RBA downplays property insolvency risk to financial stability
(DBN)

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