October 9, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Your Law School’s AI Training Could Make Or Break Your Biglaw Prospects
(DBN)

After Topping $10 Billion, Kirkland Decides Revenue Rankings Are Gauche
(DBN)

In-House Lawyers Strategize on AI Use as Rules Change Every Day
(DBN)

Legal Industry’s Merger Strategy: The Predictable Playbook of Strategic Denials
(DBN)

Ex-Allen & Overy boss embraces tech bro cringe
(DBN)

JPMorgan Challenges Mediator Appointment in Kossoff Bankruptcy Proceedings Amid Conflict Concerns
(DBN)

Sheppard Mullin Faces Class Action Lawsuit Amidst Data Breach Concerns: A Legal Sector Wake-Up Call
(DBN)

Self-Proclaimed ‘Cartel Attorney’ Gets 20 Years In Federal Prison
(DBN)

What ‘The Walking Dead’ Taught Me About Business Development
(DBN)

Grand Canyon University Names Inaugural Dean for the College of Law
(DBN)

Supreme Court Wannabes Head Search Committee For Bari Weiss University Law School Dean
(DBN)

ICE Demands Agents Sharply Increase Immigrant Arrests Ahead of the Midterms: Rpt • Trump Administration Considers Using Ships to Deport Immigrants • Judge halts DHS policy denying immigration detainees from having applications heard • New York City man shot in car with child present by ICE agents, mayor says
(DBN)

Trump DOJ Seeking Criminal Indictment for Cassidy Hutchinson, Report • Grand jury probing Jan. 6 committee ‘star witness’ Cassidy Hutchinson
(DBN)

New Bodycam Clip Shows Boy, 6, Screaming After Shooting Teacher • Boy, aged 6, taunts cops ‘you wanna piece of me?’
(DBN)

CNN, MS NOW and Politico Keep Access to White House — For Now • Trump Appointee Signals Trump’s Press Ban Is Toast, Thanks Mostly To Trump
(DBN)

Election Denier Tina Peters’ Midterm Plan Includes Seizing Ballots Nationwide
(DBN)

Chicago billionaire accused of fueling Lincoln Park rat problem
(DBN)

Pete Hegseth says firing squad execution of Fort Hood terrorist will be made public
(DBN)

California controller accused of using fake addresses to seize fortunes in lawsuit
(DBN)

Teenager arrested for murder after celeb BBL doctor executed in front of customers at clinic
(DBN)

NYT exec allegedly murdered by in-laws was pregnant, had miscarriage
(DBN)

Cornell Rape Suit Defendant Acts to Oust James as Probe Lead • Jane Doe's texts to 'Cornell 7' frat boy after alleged rape are revealed: 'My memory is super clouded... but none of it was illegal' • Jane Doe Defended 'the Gangbang' in Texts • NYS lawmaker pitches bill to give sex assault victims tuition reimbursement in wake of Cornell 7 case
(DBN)

Dying words of dad-to-be fatally hurt in crash spark murder charge for girlfriend
(DBN)

What happens to Christa Pike now? How killer could face lethal injection again – or another chilling execution method
(DBN)

Wrestler arrested for 'banned' move that killed referee
(DBN)

Murder-suicide NJ dad moved family for ‘special-needs’ daughter, then sued realtor over tainted mansion
(DBN)

Monster accused of pushing girlfriend, baby off NYC balcony flashes demonic grin as he’s hauled away by cops
(DBN)

Worker at adult care facility choked 26-year-old patient to death over 3 am snack: Police
(DBN)

12-year-old dies after parking spot spat leads to shooting by man just out of prison: Cops
(DBN)

Man sentenced to life for butchering woman who stole his cellphone at the library
(DBN)

2 people dragged a dead body through their apartment lobby and propped him up in a chair
(DBN)

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Judges:

Notice of Vacancy, Judicial Law Clerk (Term – Baltimore)
(DBN)

Chief Justice Roberts acts quickly after Trump DOJ slams 'egregious intrusion' by court
(DBN)

Supreme Court, for Now, Sides With Trump Administration in TV Ad Fight
(DBN)

The Supreme Court’s shattered precedents are coming back to haunt it.
(DBN)

Sotomayor: Hey Judges, Maybe We Don't Arrest Potential Jurors For Being Late
(DBN)

The Supreme Court’s Lone Jury Trial
(DBN)

US appeals court weighs block on Kennedy's vaccine panel appointments
(DBN)

Los Angeles Judge Stumbles Through Awkward Discipline Hearing
(DBN)

11th Circuit lets Georgia family sue FBI agent over wrongful raid
(DBN)

Oldest federal judge gets new shot at proving whether she's mentally fit at 99
(DBN)

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Wall Street:

Stock futures rise as tech shares rebound following sell-off
(DBN)

AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says
(DBN)

Goldman Sachs executives set to collect $500M in special bonuses
(DBN)

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Layoffs:

Yellow Corp., Teamsters settle on WARN Act claims
(DBN)

Historic MLB franchise axes mascot in mass layoff ‘bloodbath’
(DBN)

Labor Department marks low layoffs milestone
(DBN)

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Entertainment Venues:

Cowboys Dance Hall landlord sues venue operator days after bankruptcy two-step
(DBN)

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Food/Beverage:

The Last Drop? Recovering Wine and Whisky Held by Insolvent Companies
(DBN)

Thieves steal 30,000 wine bottles worth €5m in Italy, reports say
(DBN)

Best Restaurant Lists Are One Reason Why Fine Dining Is Struggling
(DBN)

Hooters closing more restaurants in bankruptcy comeback
(DBN)

Crumbl cookie chain closed 57 locations in 2026, franchisee owners file Chapter 7 bankruptcy
(DBN)

Americans' Confidence in Food Safety Drops to New Low
(DBN)

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Tech:

ROSS Says It Will Ask Supreme Court To Review Third Circuit Ruling For Thomson Reuters In Copyright Case
(DBN)

OpenAI, Anthropic Lawyers See Risk of Bad Actors Tapping Models
(DBN)

OpenAI’s annualized revenue US$20 billion less than previously signaled: Report • OpenAI Expects $70 Billion in Annualized Revenue by End of 2026
(DBN)

AI Giants Are Facing a Severe Case of Indigestion on Chips and Data Centers
(DBN)

Trump Says Anyone Using Term ‘AI’ is ‘THE ENEMY,’ But WH Is Slow to Change
(DBN)

Anthropic bans 'abusive or cruel behavior' toward Claude
(DBN)

Rising rates are eroding the value of even the most high-flying tech stocks
(DBN)

AI company CDS spreads rise, signaling market caution on tech debt
(DBN)

Tina Brown: Trump and the AI Antichrists
(DBN)

OpenAI's math breakthrough points beyond math
(DBN)

Data centers face a sweeping new power regime
(DBN)

Most Americans think artificial intelligence is developing too fast, a new AP-NORC poll finds
(DBN)

AI-written training contract applications risk fast track to the trash bin
(DBN)

Imagination Technologies warns over future as sales fall
(DBN)

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Gambling:

WY: New gambling law bans bingo and threatens $750 fines – as beloved bar traditions suddenly illegal
(DBN)

Maverick Gaming Co-Founder Moves to Reacquire Bankrupt Nevada Casinos
(DBN)

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Non-Profits:

A felon filed for bankruptcy 3 times. Then Baltimore gave his nonprofit millions.
(DBN)

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Coal:

Kentucky judge throws out suit bankrupt coal company brought against California city
(DBN)

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Hotels:

Filing Alert: MK Phoenix Airport Chapter 11
(DBN)

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Student Debt:

CFPB Asks Seventh Circuit To Affirm $43M Judgment Against Student-Loan Debt-Relief Telemarketer
(DBN)

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Agribusiness:

Major creditor rejects Anderson Hay’s bankruptcy plan
(DBN)

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Accounting:

PwC exec ushers in AI-assisted audits, awaits bigger time savings
(DBN)

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Economy:

Inflation on everyday items is entirely due to tariffs, NY Fed says
(DBN)

The Fed's going to take its time with rate hikes
(DBN)

Cost of Halloween candy spikes 71%
(DBN)

US 10-year Treasury yield risks hitting 6% for first time since 2000 • Treasury yields 'really, really high' but can fall soon: Bessent advisor
(DBN)

Trump targets Microsoft, universities in immigration visa crackdown • The Trump administration is suspending Microsoft from a green card program, alleging fraud • Trump honors Microsoft’s CEO after Vance drops an H-1B visa hammer on the company
(DBN)

India calls JD Vance's comments about immigrants deeply offensive
(DBN)

US budget deficit jumps to nearly $2 trillion
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

US mortgage rates hit their highest level in three years
(DBN)

Emerging Signs that Asking Rents are Near a Bottom
(DBN)

Trump Immigration Crackdown Triggers South Texas Construction Crisis as ICE Arrests Top 9,000
(DBN)

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Oil/Gas:

Oil Back Above $105
(DBN)

World’s Top Crude Trader Isn’t Ruling Out $200 Oil Just Yet
(DBN)

US Oil Producers Ramp Down Gulf Output 25% on Storm Isaias
(DBN)

Oil Prices Plunge as Trump Rules Out Iran Strikes Before Midterms
(DBN)

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Politics:

Tracking approval and key issues • Panicked Trump Explodes at Rising Dem Stars in Late-Night Meltdown
(DBN)

Trump to pay for controversial TV ads after DNC sues
(DBN)

Donald Trump Has Declared All Of You Still Calling It ‘Artificial Intelligence’ Enemies Of The State
(DBN)

Republicans squirm as Latino support slips in South Texas
(DBN)

Republican midterm triage puts bleak outlook into focus
(DBN)

Mike Johnson raises record $156 million for House GOP
(DBN)

Trump Bought SpaceX Bond Two Days Before Policy Signing • Discloses NVIDIA stock trades as he honors CEO Huang
(DBN)

Fox News is tuning out Trump’s rallies. Here’s what that means • Trump’s Rage at Fox Continues — But Conservative Media Has Been Silent • Inside Trump's blow-up at Fox News over El-Sayed coverage
(DBN)

How Trump Has Alienated Republican Voters Ahead of the Midterms
(DBN)

Kimberly Guilfoyle's Champagne-fueled Greek party life now under investigation by the State Department • Rubio refuses to comment on Guilfoyle allegations • Why Aren’t Grifting Men in Trump Admin Getting Same Media Pile-On as Guilfoyle?
(DBN)

South Carolina Could Go Blue
(DBN)

Nate Silver Rages at Forecasters Over ‘Last Minute’ Shift to ‘Democratic Surge’
(DBN)

Victor Davis Hanson Says JD Vance ‘Won’t Be Nominated’ Unless He Cuts Off Tucker
(DBN)

JD Vance Defines Socialism: ‘You Want Boys to Play in Girls’ Sports'?
(DBN)

Texas socialists are building a movement, one sandwich at a time
(DBN)

Massive Epstein Files Blindspot in the Press for Talarico Mega-Donor
(DBN)

Jared Kushner Lashes Out at New Yorker with Big 'Fact Check'
(DBN)

Photo shows top Trump aide's daughter with pro-Russia politician in Bosnia
(DBN)

Embarrassing blow for Barack Obama as workers at his 'death star' presidential center are already so fed up they're leaving in droves
(DBN)

Michelle Obama, Praising Past White House Remodels, Takes Veiled Aim at Trump
(DBN)

Michigan Senate debate: Fact-checks of El-Sayed, Rogers
(DBN)

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Space:

4 astronauts return to Earth after 8 months in space to replace ailing colleague, his crew
(DBN)

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Sports:

The Man City Scandal Is About More Than Football
(DBN)

Cam Smith requests his release from LIV Golf during bankruptcy hearings • LIV Golf once negotiated player by player. Now they’re organizing • PGA Tour Champions Ban Leaves LIV Star With ‘Nowhere Else To Play’ As Jon Rahm Walks Away • Report: Adrian Meronk not interested in competing in LIV 2.0 • Ex-LIV Golf star considers quitting $3.25M tournament despite leading • Bryson DeChambeau LIV Golf Future Takes New Turn After Jon Rahm Decision • ‘You Don’t Get Many Second Chances’: Collin Morikawa Sends Stark Message to LIV Golf Stars After Jon Rahm's Shock Exit • Bryson DeChambeau Exploring New Tour Options Amid LIV Golf Turmoil: Report • All The Players Who Have Left LIV Listed, And What Their Future Looks Like
(DBN)

AS Monaco officially announces shutdown after insolvency
(DBN)

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Education:

Palm Valley School closes after 74 years amid bankruptcy, leaving parents devastated; its 36-acre California campus with 53 classrooms is up for sale for $14 million
(DBN)

Three indicted in alleged theft of $20 million from defunct Eastern Gateway Community College
(DBN)

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Healthcare:

Penobscot Community Health Care to receive $2.8M, preventing bankruptcy • Mills administration allocates funding to keep PCHC afloat
(DBN)

Michigan attorney general sues Blue Cross, alleging illegal monopoly
(DBN)

CenterWell pushes back on report of doctors leaving its clinics in The Villages
(DBN)

Montgomery weighs new health care authority after Jackson Hospital bankruptcy
(DBN)

Charlotte-Area State Workers Caught in Copay Fight as Treasurer Warns Atrium Program Could Bankrupt State Health Plan
(DBN)

Martin County receives funding for new rural emergency hospital
(DBN)

Washington, D.C., Bans Medical Debt Reporting, Expands Collection Restrictions
(DBN)

Measles is surging in the US. These graphics show how bad it has gotten
(DBN)

____________

Musical Instruments:

Gibson Wins Legal Battle in Trademark Dispute Against Bankrupt Dean Guitars
(DBN)

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Telecom:

SpaceX deal to acquire spectrum license hammers shares of AT&T, Verizon and T-Mobile
(DBN)

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Autos:

America's Car-Mart Extends Lender Waiver to Oct 15 Amid Strategic Review
(DBN)

James brothers trade blame in First Brands case
(DBN)

Used car chain that closed 60 stores is living week to week
(DBN)

Hertz Lenders Team Up With Advisers as Possible Debt Fight Looms
(DBN)

____________

Assisted Living:

Genesis set to close sale, seek final approval Tuesday
(DBN)

____________

Celebs:

Drake Bell bankruptcy: Inside the Nickelodeon star’s financial crisis
(DBN)

Offset Misses Deadline in Casino Debt Lawsuit, May Be Hit With Default Judgment
(DBN)

Shilo Sanders $170,000 unpaid legal bills lawsuit takes dramatic turn amid $12 million bankruptcy battle
(DBN)

All Blacks legend avoids bankruptcy after dramatic court agreement
(DBN)

A $132,000 GoFundMe was raised for radio host Ronn Owens; federal review found thousands spent on mortgages, businesses and family transfers
(DBN)

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Summer Camps:

Camp Mystic's bankruptcy hearing could bring major changes to the camp's ongoing legal issues • Bankruptcy hearing against Camp Mystic could hold implications for other pending lawsuits
(DBN)

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Utilities:

Years after 2017 Tubbs fire, survivors still fighting for full compensation
(DBN)

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Biofuels:

Danish biogas plant builder Lundsby files for bankruptcy
(DBN)

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Resorts:

YO1 Resort Owner Seeks Chapter 11 Bankruptcy Protection
(DBN)

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Money Laundering:

American Express National Bank fined $350 million for insufficient anti-money laundering program
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Bankruptcy filings through three quarters top 460K
(DBN)

Small Business Subchapter V Elections Increase 46% Compared to Last Year, Total Bankruptcy Filings Increase 11%
(DBN)

Corporate Bankruptcies Stay Above Historical Norms Despite Declining from Recent Peak
(DBN)

Bankruptcy debt in Puerto Rico surpasses $860 million
(DBN)

______________

Mass Torts:

L’Oréal Hires Biglaw Restructuring Advisers Over Talc-Related Claims
(DBN)

Pennsylvania Supreme Court to Review Opioid Public Nuisance Claims Against Major Pharmacies
(DBN)

____________

Appeals:

Eighth Circuit: Restrictive "Person Aggrieved" Test for Bankruptcy Appellant Standing Is Alive and Well, But Should It Be?
(DBN)

____________

Cross-Border:

"COMI Tourism" Alone Does Not Preclude Chapter 15 Enforcement of a UK Part 26A Restructuring Plan Containing Non-Debtor Releases and Exculpations
(DBN)

New York Bankruptcy Court Enforces Canadian Reverse Vesting Order in Chapter 15 Case
(DBN)

Skillz Challenges Papaya’s Chapter 15 Bankruptcy Shield
(DBN)

____________

Subchapter V:

How Does A Court “Fix” The Term Of A Subchapter V Plan? (In re Phil Kean Designs—Part 2)
(DBN)

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Gatekeeping:

Finality, Gatekeeping Provisions, and Creditors of Non-Debtor Entities
(DBN)

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Litigation Finance:

For New York’s Litigation Funders, Reducing Deal Risk Is Tricky
(DBN)

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Subordination:

Chapter 11 "Best Interests of Creditors Test" Not an Independent Basis for Subordination of a Claim
(DBN)

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Pro Bono:

Shumaker Secures Federal Appellate Win in Pro Bono Bankruptcy Case
(DBN)

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Aviation:

Lawmakers raise alarm at Google plan to acquire Spirit Airlines data for AI models
(DBN)

JetBlue Bonds Fall Deeper Into Distress as Short-Sellers Pile In
(DBN)

Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong
(DBN)

How the Trump Administration Is Eroding Airline Passengers’ Rights
(DBN)

Shock pictures reveal smashed nose of plane after packed jet struck by lightning at 17,000ft sparking emergency landing
(DBN)

21 Birds Are Found at Miami Airport Stuffed in Underwear and Hidden in a Belt
(DBN)

Passenger arrested after breaching gate and stealing vehicle at John Wayne Airport airfield
(DBN)

____________

Culture:

Number of teens who identify themselves as gay or bisexual is in free fall
(DBN)

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Theme Parks:

Why Disneyland got expensive on purpose
(DBN)

____________

Prediction Markets:

NFL urges Supreme Court to back state gambling rules—breaking with other leagues on prediction markets
(DBN)

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Entertainment:

Skydance's $80 Billion Debt: Warner Bros., Paramount Owner's Reality • Skydance CEOs Pressed On Layoffs & Donald Trump Interference
(DBN)

____________

Climate:

States of emergency declared in Florida, Georgia, Alabama — as dangerous winds reaching 85mph • ‘Battening Down the Hatches’ as Hurricane Isaias Approaches Gulf Coast • Residents board up windows and National Guard troops deploy as Hurricane Isaias nears US Gulf Coast
(DBN)

____________

Newspapers:

Judge in ‘Santa Barbara News-Press’ Bankruptcy Case Hears Motions to Compel McCaw’s Deposition, Attorney’s Fees as He Sets Trial Date for 2027
(DBN)

____________

UK:

Partners 'kept in the dark' as Shakespeare Martineau group expels CEO for wrongdoing
(DBN)

Ex-prince Andrew wins court battle as cops admit Sandringham and Royal Lodge raids were ‘unlawful’
(DBN)

Solicitor who ran errands for his coke dealer jailed
(DBN)

Will Padel’s $300 Million UK Bubble Burst in Race to Build Courts?
(DBN)

Deloitte fined $7.9M by UK regulator for failed audits
(DBN)

Credit card defaults rise
(DBN)

The farming funding fiasco that threatens British wildlife
(DBN)

Why London Is the Divorce Capital of The World
(DBN)

Green Party: British Anti-Semitism Has Made a Distressing Return
(DBN)

____________

EU:

Student protest unrest spreads across Europe • Massive demonstrations. Injured teenagers. French students say they’re just getting started.
(DBN)

Spain’s Protesters See ‘Madness’ of Rising Rent and a ‘Martyr’ in Maricarmen
(DBN)

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MENA:

Houthi Attacks on Saudi Airports Prompt Mass Cancellations • Pakistan reportedly joins air campaign against Houthis as missiles hit Riyadh airport • Pilot killed in attacks by Iran-backed Houthis on Riyadh airport; Saudi-led coalition vows firm response
(DBN)

Tehran targeting American bases in Germany?
(DBN)

Trump Declares There Will Be No ‘Attacking’ Iran Ahead of Midterm Elections
(DBN)

How a U.S. Diplomat Suppressed and Altered Reports Critical of Israel
(DBN)

____________

Russia:

Russia’s Silence on Possible Plague Outbreak Stokes Fears of a Cover-Up
(DBN)

Diseases in Russian Permafrost May Be Scarier Than Plague
(DBN)

Russian bomb kills 33 at bus stop in Kramatorsk
(DBN)

____________

Japan:

Japan: Corporate bankruptcies hit 13-year high in Tokyo • Bankruptcies linked to labor shortages in Japan climb in first half of fiscal year
(DBN)

Japan's banks hold problem loans at ¥8.4tn, but disposal losses rise ¥0.3tn
(DBN)

____________

Malaysia:

Bankruptcy threshold to be increased to RM150,000 from 2027
(DBN)

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Singapore:

Nearly a month after overnight shutdown, 3,300 creditors file claims against Singapore gym chains True Fitness and True Yoga
(DBN)

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India:

NCLT Approves Voluntary Liquidation of; Holds Directors Liable for Future Dues Beyond Settled ?14.99 Lakh Fund
(DBN)

NCLAT Seeks Project-Wise Completion Timelines For 16 Supertech Housing Projects
(DBN)

Fraudulent Debt Can Undermine CIRP: Supreme Court Upholds NCLT’s Power To Recall Admission
(DBN)

At center of ED probe against Tayal group, ‘bogus creditors’, insolvency proceedings & a Nagpur mall
(DBN)

Pre-Distress Restructuring: Working Capital Oxygenation, Supply-Chain Contracting, And Equity Preservation.
(DBN)

Split Decision and Shared Losses: Testing the Insolvency Framework for Personal Guarantors
(DBN)

____________

Netherlands:

Sole Dutch medicinal cannabis firm declared bankrupt
(DBN)

____________

Australia:

Optimus Group drops OzCar exit plan and moves the Australian affiliate toward administration
(DBN)

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