October 28, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Weil Gotshal enlists bankruptcy lawyer as firm’s situation worsens • Law firm Weil prepares for possible wind-down as crisis deepens • How Weil Gotshal, one of Wall Street’s most storied law firms, ended up in chaos • Weil’s Succession Chaos Prompts Fear of ‘Run on Bank’ • What’s Going on at Powerhouse Law Firm Weil, Gotshal & Manges? • Skadden taps two Weil partners as exits mount • Weil’s troubles mount with key partner’s pending departure • Weil’s Successor Walked Away, And Now The Firm Has A ‘Run On The Bank’ Problem • Weil Partners Are ‘Frantically Sending Résumés’ As Leadership Weighs Its Options • The Mounting Weil Woes Take Bad Turn
(DBN)

Weil, Gotshal & Manges creates AI-centric 1L summer program
(DBN)

The Quiet Rewiring of Legal Work
(DBN)

DOJ Admits Error in Tom Goldstein Trial; Appeals Court to Weigh Impact on Verdict
(DBN)

Anthropic’s IPO Hands Big Law a Seat at the AI Table
(DBN)

BakerHostetler Launches Litigation SWAT Team Because Some Court Battles Can’t Wait
(DBN)

Am Law 200 partners earned more in 2025, despite billing less
(DBN)

AI Rise Paradoxically Deepens the Imperative for Lawyer Training
(DBN)

When Legal AI Moves From Answers to Actions
(DBN)

Outside Counsel Need More Than an AI Mandate
(DBN)

DePaul College of Law to be renamed for attorney Robert A. Clifford after $30 million gift
(DBN)

High-Profile Law Firms Lend Support to Democrat Raphael Warnock in Georgia Senate Race
(DBN)

Disbarred lawyer allegedly collected client fees, faked performing work
(DBN)

Houston Attorney's DWI Charge Dismissed in Harris County Deal
(DBN)

Documents support claim ICE has detained a mentally ill US citizen since January • ICE reportedly expands immigration crackdown across California • CBP Really Doesn't Want To Reveal What It Does to Americans' Phones • A Texas Cop Signed on to Help ICE Deport His Neighbors. It Tore the Town Apart.
(DBN)

Andrew Napolitano Rips Apart Trump DOJ’s Case Against James Comey: ‘No Precedent For It’ • Jeffrey Toobin Shreds New Comey Charges as a ‘Fiasco’ Fueled by Trump’s ‘Insane Vendetta’ • Trump DOJ's 'unusual' behavior could be the end of another case against James Comey • The Justice Department's 3rd Attempt To Imprison James Comey Stinks of Trump's Desperation for Revenge • After Maurene Comey Kicked Trump Admin In The Teeth, DOJ Reveals *Third* Attempt To Jail James Comey
(DBN)

Neil Young sues Trump for $10M for using 'Rockin' in the Free World'
(DBN)

FBI raids billionaire's Beverly Hills mansion in connection with Eric Swalwell probe, sources say
(DBN)

Feds to send election monitors to seven Michigan cities
(DBN)

Grand jury refuses to indict former White House aide Cassidy Hutchinson, AP sources say
(DBN)

Caller Identifying as a Defense Department Lawyer Tells Dan Abrams Staffers Are ‘Hunkering Down’ Under Hegseth • Jeffries tiptoes around Hegseth impeachment
(DBN)

Ex-Miss Switzerland Beatrice Keul Accuses Trump of Rape
(DBN)

DOJ asks court to toss subpoena ordering Blanche to testify about Epstein investigations • We Finally Know Why Trump Has Tried So Hard to Hide the Epstein Files
(DBN)

Can the Attorney General Remove Assistant U.S. Attorneys at Will?
(DBN)

Crooks are ripping off huge shipments of pricey AI equipment – $100M in heists since June: report
(DBN)

Utah authorities are connecting serial killer Ted Bundy to another 1970s homicide
(DBN)

Cornell faces questions over dorm assignment for student disciplined in sexual assault case • Cornell faculty to begin voting on no-confidence resolution over handling of fraternity gang rape
(DBN)

'Get the Flock out': Americans respond to cameras in bipartisan backlash
(DBN)

Hasan Piker sues Scott Jennings for defamation
(DBN)

Boy, 12, and his friend getting juice from food truck each shot multiple times: Police
(DBN)

Man who killed fiancee after going on 'The People's Court' was mad about portrayal: Cops
(DBN)

Woman shoots boyfriend's mistress with pink Glock to 'make a point': Police
(DBN)

Judge rejects plea deal for dad accused of leaving 5-year-old to find mom's body: Police
(DBN)

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Judges:

Trump Rails Judge Has 'No Right' to Halt Golf Course Project • Trump plans to proceed with East Potomac Park redevelopment despite judge's order • Trump Tees Off On Golf Course Injunction Hours After It’s Issued • Judge slams Justice Department for asking her to disbelieve Trump in golf course case • Golf course judge's injunction addresses Trump's social posts head-on, believes president
(DBN)

How Judge Reyes Became the Lorax
(DBN)

Donald Trump reups calls to put Ted Cruz on Supreme Court in vacancy scenario
(DBN)

US Midterm Elections: Courts Will Hold Firm Against Any Attempts to Subvert Them
(DBN)

Judge Mascott Flap Shows Financial Disclosures Reveal Too Little
(DBN)

Trump’s lawyers are now rewriting federal statutes and hoping that judges won’t notice
(DBN)

One justice admitted something startling about the Supreme Court.
(DBN)

Judge Siding With Abbott’s Rival in Musk Case Gave to Her Races
(DBN)

Federal judge rules top US prosecutor in Los Angeles isn’t legally serving
(DBN)

Canandaigua Town Court Justice removed from office for racist remarks
(DBN)

Judge blasts prosecutors, refuses to sign new criminal complaint against ex-FBI officials
(DBN)

Supreme Court tangled up in prediction markets
(DBN)

US Supreme Court denies immigration judges the power to shelve deportation cases
(DBN)

Appeals court rejects DOJ's 'self-constructed' emergency in California voter list case
(DBN)

W. Va. Law Restricting Disclosing Home Addresses and Phone Numbers of Judges and Police Struck Down, but ...
(DBN)

Texas Judge’s Racially Charged Comments Prompt Investigation into Judicial Conduct
(DBN)

______________

Wall Street:

Stock futures are mixed as traders await Fed decision, Big Tech earnings
(DBN)

Global shares mixed after U.S. rally
(DBN)

______________

Healthcare:

Structural Pressures Driving Distress in Healthcare Restructuring
(DBN)

CDC's deputy director to leave Trump administration after six months
(DBN)

She Trusted ChatGPT With Her Medication Decisions. It Cost Her Everything.
(DBN)

Orange County Eliminates $199 Million in Additional Medical Debt
(DBN)

____________

Student Debt:

When Is a Settlement Not a Settlement — Apparently When People Owe Student Loans
(DBN)

Texas judges are blocking student debt deals and borrowers are paying the price
(DBN)

____________

Sports:

'There's No Money Here': Renowned Sports Lawyer Sends Blunt Message To Unpaid Vendors Amid LIV 2.0 Construction
(DBN)

____________

Brands:

Navigating Bankruptcy Risks: Key Considerations for Luxury Brands
(DBN)

____________

Symphonies:

Phoenix Symphony money woes remain a mystery
(DBN)

____________

Personal Genomics:

Your DNA Should Never Become Bankruptcy Collateral
(DBN)

____________

Comic Books:

Dark Horse, Dstlry, Oni, Titan And Vault Do Diamond Bankruptcy Deal
(DBN)

____________

Accounting:

Hackers Have Apparently Stolen a Whole Lot of PwC Homework
(DBN)

____________

Fitness:

Filing Alert: FitLab Chapter 11
(DBN)

____________

Economy:

Federal Reserve likely to skip rate hike despite elevated inflation • Markets Expect Fed to Hold Rates as Inflation Hits 3.7%
(DBN)

‘We don’t have inflation’? Five charts show the US economic reality of Trump’s second term so far
(DBN)

Consumer confidence edges up on decline in gas prices: Conference Board
(DBN)

Trump says Iran war will end ‘when I want it to’ as costs reportedly balloon to $47 billion
(DBN)

Workers are getting a shrinking slice of America’s economic pie
(DBN)

Visa Quarterly Profit Jumps as Consumer Spending Holds Up
(DBN)

Half of Americans are skipping meals because grocery prices are so high, poll finds
(DBN)

Trump jokes $5,000 would buy ‘a hamburger and maybe a small dessert’ at Mar-a-Lago
(DBN)

Scariest Part of Halloween This Year? The Candy Prices • Halloween Spending & Financial Fears Survey (2026)
(DBN)

Mapped: How Much People Spend on Food, by Country
(DBN)

Price Outlooks Worsen for 2027 in 31 Economies, Reuters Poll Finds
(DBN)

I helped a billionaire couple tell their kids they’d already received their inheritance. They didn’t take it well
(DBN)

Ranked: The Economies Set to Grow Fastest in 2027
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

New Home Sales Decrease to 676,000 Annual Rate in September • Affordability Challenges Push New Home Sales Lower
(DBN)

National Home Values Growth Accelerates Yet Continues To Trail Inflation
(DBN)

Mortgage rates fell for the second straight week, but more borrowers still opted for riskier loans
(DBN)

Bankruptcy leads to $72 million auction for famed Long Island mansion • Nearly Half of Its Appraised Value
(DBN)

CA: Filing Alert: 5717 Ferguson Project Chapter 11
(DBN)

Luxury Real Estate Brokers Alexander Brothers Sentenced to 30 Years
(DBN)

Stevie Wonder’s Eviction Lawsuit Highlights a Costly Homeowner Mistake
(DBN)

Manhattan Renters Now Need To Make $215K To Afford the Typical Apartment
(DBN)

______________

Oil/Gas:

The Trump admin said energy costs were a small price to pay in Iran war, but US consumers are paying nearly 8x more than anyone else in fuel costs
(DBN)

Gas under Trump 2.0 is now more expensive than it was under Biden
(DBN)

The Diesel Crisis Is Here To Stay
(DBN)

Oil Slips as Iran Diplomacy Picks Up
(DBN)

Oil climbs as Houthi attacks on Saudi Arabia overshadow diplomatic efforts
(DBN)

Brent Settles at $113.88 as ING Sees Iran Risk Premium Facing Test
(DBN)

____________

Tech:

Why Anthropic’s rivals are rooting for its IPO • Anthropic Appears to Be the First Company to Go Public by Warning That It May Destroy Humankind • Anthropic Flags Gas Supply as One of Its Biggest Near-Term Risks • Anthropic S-1 shows that litigation may be AI’s biggest risk • Four takeaways from Anthropic’s potentially record-breaking stock market filing • Anthropic: What the S-1 Proves • I asked Claude to explain Anthropic’s IPO. I laughed out loud and scratched my head • 5 charts: Anthropic's S-1 offers the first view into the financials of an AI lab • Anthropic’s S-1, by the numbers: A thriving business with a $498 billion asterisk
(DBN)

Anthropic’s cash pile towers over nearly every U.S. company
(DBN)

Anthropic Flipped the Script in Legal Team Build-Up Toward IPO
(DBN)

AI Advances in Mathematics Spark Concerns Over Global Encryption Security
(DBN)

Grim Test Finds AI Has No Mercy for Humans Even When Causing Them to Suffer
(DBN)

It Appears That the AI Bubble Has Just Burst in China
(DBN)

The Age Of The Orchestrator Arrives As AI Tokengeddon Looms
(DBN)

In the A.I. ‘Robogym,’ Machines Train to Be More Like Humans
(DBN)

New Analysis Finds Signs the AI Bubble Is About to Blow
(DBN)

Thieves Are Making a Fortune Heisting AI Data Center Equipment
(DBN)

Nvidia’s worst nightmare may be lurking inside Anthropic’s IPO filing
(DBN)

Americans Are Officially More Scared of AI Than a Loved One Getting Cancer
(DBN)

Trump says he will ban term artificial intelligence
(DBN)

Doctor removes prostate from 35 miles away in first telerobotic surgery in US
(DBN)

Apple’s new foldable iPhone Duo faces ‘Crackgate’ controversy amid screen defect reports
(DBN)

Amazon’s anti-tokenmaxxing memo says engineers should be pickier about using AI
(DBN)

Inside Amazon's Robot Warehouse: How Automation Is Changing Jobs
(DBN)

____________

Politics:

Tracking approval and key issues
(DBN)

How Trump and his allies are sowing doubt ahead of the midterms
(DBN)

Chart: The Issues Most Important to Voters in the Midterms
(DBN)

Disinformation videos, likely from Russia, are exploiting real people to malign Senate candidates
(DBN)

Trump’s cure for Republicans’ midterm woes is more Trump. Will it work?
(DBN)

Trump, Congress set to clash over Hegseth, Iran war, Ukraine after election
(DBN)

Johnson says there will be ‘peaceful transfer of power’ on Jan 3
(DBN)

Fox News Power Rankings Shift Whopping 19 House Seats Toward Democrats • Election forecaster shifts 21 races in Democrats’ direction
(DBN)

Libertarians could spoil Republicans’ chances in the fight for control of the US Senate
(DBN)

Why these Arab Americans who voted for Trump now back Abdul El-Sayed • El-Sayed Is National Security Threat, Gov’t Says
(DBN)

RFK Jr. Goes on Stunning Rant Against Arabs: ‘They Don’t Produce Literature,’ Only ‘Hatred’ and ‘War’ • RFK Jr.'s claim that Arabs ‘don’t produce science’ meets a Nobel Prize reality check
(DBN)

Alaska’s GOP-led government moves to kill Trump-ordered suit over Senate results • Alaska Senate race could trigger Senate showdown if Mary Peltola wins • JD Vance calls independent Dan J. Sullivan's candidacy 'electoral fraud'
(DBN)

Trump's arch would cast shadow on Arlington Cemetery
(DBN)

The Cheesecake Factory’s longtime design boss says it looks nothing like the Trump White House
(DBN)

President Trump demands apology from LeBron James
(DBN)

MAGA theatrics and mud-slinging shake up bruising battle for Texas Senate seat • Talarico vows to ‘take back Texas’ as Trump makes last-minute push to keep the state in GOP hands • Ken Paxton survived impeachment and scandal. Can he win in Texas?
(DBN)

Viral video of group in KKK-style robes sparks outrage in Texas
(DBN)

Mystery trader makes nearly $500K bet on MAGA Republican in biggest midterm wager yet
(DBN)

Hackers target US FEC system, disrupting campaign finance disclosures days before midterms
(DBN)

28-Year-Old DOGE Operative Gutted USAID. But HR Had No Record of Him Working There
(DBN)

Record Lows Say Congressional Incumbents Deserve Reelection
(DBN)

Kennedy Center warned of bankruptcy — records show revenue collapsed after Trump name change
(DBN)

Musk’s PAC lawyer runs in Texas House district that is home to billionaire’s business interests
(DBN)

Murkowski backs Alaska Democrat for governor
(DBN)

____________

Retailing:

Children’s Place targets filing before holidays
(DBN)

These 3 department stores need a good holiday
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (24 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Trends in Large Corporate Bankruptcy and Financial Distress
(DBN)

______________

Bankruptcy Reform:

ABI Applauds Senate Passage of "Bankruptcy Threshold Adjustment Act"
(DBN)

Expanded Bankruptcy Eligibility Could Change the Playing Field for Creditors
(DBN)

____________

D&O:

Key D&O Insurance Coverage Issues
(DBN)

____________

Discharge:

Must Debtor Appear And Testify At A § 727 Discharge Trial? (Black v. Triplett—Part 2)
(DBN)

When the Contractor Lies About the Lumber: Bankruptcy Court Carves Out a $129,948.72 Non-Dischargeable Judgment
(DBN)

____________

Mass Torts:

New York Archdiocese settlement could be a barometer for Baltimore survivor restitution
(DBN)

____________

Notice:

General Order 26-03 Remains in Effect While BNC Begins Restoring Operations • Update Regarding BNC Service Disruption (October 27, 2026)
(DBN)

____________

Consultants:

Elite consulting firms raise starting salaries for first time since 2022
(DBN)

EY defies consulting downturn to pay UK partners record £870,000
(DBN)

____________

Aviation:

JetBlue defends finances as creditors hire advisers • JetBlue CEO says no creditor talks as bond selloff raises doubts about turnaround
(DBN)

FTI: Elevating Creditor Recoveries in Aeroméxico’s
(DBN)

____________

Cruise Lines:

Company That Sold “Endless Cruises” Suspends Operations as Fuel Costs Spike, Kicks Residents Off Ship
(DBN)

____________

Logistics:

Chart: Amazon Surpasses Legacy Carriers in U.S. Parcel Shipments
(DBN)

____________

Celebs:

Ex-NBA Star Paul Pierce Made $200M. Now Nearly Broke?
(DBN)

____________

Religion:

Pope will meet with survivors of clergy abuse during upcoming trip to Latin America, Vatican says
(DBN)

Pope: 'No such thing as holy war'
(DBN)

____________

Climate:

Colorado’s glaciers thinned dramatically due to record low snow and heat in 2026
(DBN)

____________

Food/Beverage:

Bankruptcy Judge Clears RNDC to Sell Its Michigan Wine Business to Three Distributors
(DBN)

____________

Tax:

How Billionaires Are Fighting the Prop 40 California Wealth Tax
(DBN)

____________

Private Credit:

From Investigation to Litigation: Private Credit Scrutiny Fuels New Claims
(DBN)

____________

Waste:

Williamsburg Co. recycling plant files for bankruptcy
(DBN)

____________

Sovereigns:

Ranked: The World’s Most and Least Indebted Countries in 2026
(DBN)

____________

UK:

213,000 jobs at risk as business insolvencies remain above pre-Brexit levels
(DBN)

 

Poundland owners push retailer towards insolvency • Poundland owners resist bid over job loss fears
(DBN)

Half of adults expect to be worse off from the Budget
(DBN)

____________

EU:

European Youth Protests Link School Conditions to Living Costs
(DBN)

Rwanda tipped to host first European migrant return hub
(DBN)

____________

Canada:

Canada interest rate: First hike in 3 years expected by BOC
(DBN)

Canada-U.S. trade talks: 'Limited progress,' official says
(DBN)

____________

MENA:

In Israeli election, Netanyahu's longtime leadership is on the line • Exit polls suggest no clear winner in Israel’s election, but Netanyahu is far from defeated • Netanyahu-led bloc in slight lead with more than half of votes counted • What’s next for Israel as elections leave no clear winner • Victory or prison: Israel’s elections are Netanyahu’s last stand • Netanyahu's party asks to extend Israeli election hours amid record turnout • Likud said already preparing to allege election was ‘stolen’ if Netanyahu loses • Israel election live: Record turnout as Netanyahu fights to remain in power • Netanyahu warns of Arab voter surge in Israel's election; Arab leaders call tactic racist • Arab Turnout Highest in History
(DBN)

Israel Election Stalemate Poses Biggest Threat to Global Investors
(DBN)

Iran Attacking Ships in Strait of Hormuz at Highest Levels of War • U.S.-Iran Mediators Press Five-Day Hormuz Plan as Timing Remains Unresolved
(DBN)

Houthis claim strikes on 3 airports in Saudi Arabia
(DBN)

Iran hasn’t tried to repair nuclear facilities damaged in US strikes, UN nuclear chief says
(DBN)

____________

China:

Chinese markets lose trillions as race for AI supremacy with US takes its toll
(DBN)

____________

Brazil:

DIP Financing in Emerging Markets: Structural Constraints, Creditor Incentives, and Recovery Outcomes in Brazil
(DBN)

“Prediction” Markets Were Comically Wrong About the Brazilian Election
(DBN)

Brazil Supreme Court Orders Flávio Bolsonaro to Hand Over Passports in Money Laundering Inquiry • Brazil's Flávio Bolsonaro leaves Brazil for the United States, according to multiple media reports • Brazil’s Flávio Bolsonaro and family will get US visas after election loss, State Department says
(DBN)

Another Crash Landing for Brazil’s Economy?
(DBN)

____________

Romania:

CITR official: Around 1,700 farming companies restructurable or facing imminent insolvency
(DBN)

____________

Russia:

EU pressures allies over looming Ukraine funding crunch
(DBN)

____________

Switzerland:

Switzerland faces record high in corporate bankruptcies
(DBN)

____________

Germany:

Sonnen GmbH seeks insolvency protection as German battery business restructures
(DBN)

____________

India:

SC bars creditors from withdrawing insolvency plan over improved finances
(DBN)

____________

France:

Storied Paris department store seeks bankruptcy protection
(DBN)

____________


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