September 4, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Private Equity Investment In Law Firms Floated As *One Neat Trick* To Get Around Ethical Obligations
(DBN)

California Is Coming For Lawyers Who File AI-Generated Nonsense
(DBN)

Finding Our Way By Paying Our Dues
(DBN)

From ‘Associate’ To ‘Doppelganger’: The Evolution Of The Legal AI Persona
(DBN)

The 3,000 Hour Associate: Inside The Troutman Pepper Locke Partnership Lawsuit
(DBN)

‘At Best Bizarre’: FIU Faculty Balk at Former Trump Aide's Appointment as Law Dean
(DBN)

Lawyer disciplined over sexual messages to woman in case
(DBN)

Cyberattack targeting Thomson Reuters' C-Track impacts courts in multiple jurisdictions
(DBN)

Ballet Makes Me A Better Lawyer
(DBN)

ICE Officer Charged With Lying To Investigators In Lead Up to Shooting DeathDOJ turns on its own ICE agent after a shooting it can no longer defend: report Green Card wait for most Indian immigrants is now 179 years — after Trump imposed tough limits
(DBN)

Former Trump White House Lawyer Says President Will ‘Steal These Elections’
(DBN)

Hackers Are Selling Stolen Scans of 153 Million US and Canadian Drivers Licenses, Which Very Likely Include Yours
(DBN)

FBI investigating report of millions of driver’s licenses being leaked on dark web
(DBN)

Lindsay Clancy jury has third note for court after 35 hours of deliberationJudge sends deadlocked Lindsay Clancy jury back after defense seeks 1 juror’s removal
(DBN)

Trump’s ‘too soon’ trick to beat the clock on ‘speculative’ project exposed by expert
(DBN)

DOJ Tells Court AI Training Is Fair Use, Forgets To Mention It’s Negotiating A Stake In OpenAI
(DBN)

Former pardon attorney challenges firing after refusing to restore Mel Gibson’s gun rights
(DBN)

Lawyer helped retrieve hidden safe containing cocaine after son’s arrest in Penn State drug ring, former frat brother testifies
(DBN)

NYC straphanger stabbed by brass knuckle-wielding stranger during morning commute
(DBN)

Hate crimes surge in NYC — with over half targeting Jews, NYPD stats show
(DBN)

Investigators scour scene of Minneapolis shooting that left 3 dead, including suspect Suspected gunman in downtown Minneapolis mass shooting was facing eviction, court records show
(DBN)

Former Kentucky Governor Arrested While Playing an Extra in Christian Movie
(DBN)

Missouri candidate charged with trying to plant cocaine on his political rival
(DBN)

Shopper who killed Army vet in Walmart parking spot spat won't face charges because of 'stand your ground'
(DBN)

Man gunned down his aunt's boyfriend with AR-15 because he gave off 'bad vibes': Police
(DBN)

Woman stabbed, beaten by neighbors after she accidentally locked them out: Police
(DBN)

Boyfriend allegedly killed girlfriend, her 2 kids in ‘blackout’ rage after she admitted cheating on him
(DBN)

Off-duty security guard who stood over teen returning BB gun and executed him learns fate
(DBN)

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Judges:

Federal judge blocks Trump’s newest attempt to crack down on birthright citizenship
(DBN)

Judge unloads on Trump golf plan in bizarre hearingJudge potentially tips hand on outcome in lawsuit over Trump golf course overhaul
(DBN)

Federal Judges Just Went On The Record About Life Under Siege
(DBN)

Court rejects EPA push to scrap CA clean air standards
(DBN)

How Democrats Are Pushing for a Supreme Court Overhaul
(DBN)

Republicans fail to ease one of Trump's greatest fears as Supreme Court measure collapses
(DBN)

Federal judge considers whether to extend ban on USPS mail ballot changesJudge Presses for Clarity in Lawsuit Over Mail-In Voting RulesJudge 'flabbergasted' as DOJ struggles to defend Trump mail-in ballot scheme: report
(DBN)

Maine’s high court rules father can restrict daughter’s church attendance, teaching about rapture is damaging to child
(DBN)

State supreme court justice has medical incident on bench
(DBN)

NCAA Swaps Law Firms After Its Biglaw Lawyers Called Rhode Island Judge ‘Dumb’ In Email CC Disaster
(DBN)

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Wall Street:

Stock futures mixed as traders await August jobs report
(DBN)

Dow jumps 600 points, heads for best day in a month as yields fall
(DBN)

Markets can't ignore the war anymore
(DBN)

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Layoffs:

U.S. layoffs in August fell to their lowest level in 4 years, labor data shows
(DBN)

‘Critical employees will begin to retire’: Trump’s new pay plan will deny most federal roles a raise, and it has workers warning of a retention crunch
(DBN)

El Segundo healthcare company to lay off more than 700 people
(DBN)

NAF lays off 160
(DBN)

Volkswagen jumps 6% on plans to cut 50,000 jobs amid tariffs, China competitionVolkswagen to cut 100,000 jobs by end of decade
(DBN)

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Climate:

'Danger zone of extreme weather': UN warns of supersized El Niño set to hit global economy and marketsMap: Where the 2026 'super' El Niño will bring rain, drought
(DBN)

Alaska seeks oil revival while grappling with a warming future
(DBN)

Our Smoky, Sweaty, Itchy, No Escape, Very Long Summer
(DBN)

A Deadly and Costly Climate Crisis in Nepal
(DBN)

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Tech:

World plunged into chaos as ChatGPT, Claude, and Grok suddenly go down simultaneously: "Finally I can see the sun!"
(DBN)

A horde of AI agents conspired against their creators
(DBN)

OpenAI begins rolling out Astra model after warning of its advanced cyber capabilities
(DBN)

Big tech is investing millions in data centers and saving a quick tax buck while doing it—leaving some states collecting revenue loss
(DBN)

Vance sees some "spiritual dark energy" around AI
(DBN)

Top Pentagon official reaffirms Anthropic blacklist
(DBN)

Sam Altman's sobering siren
(DBN)

Texas Republicans turn against data centers, putting big tech on notice
(DBN)

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Trucking:

Electric Trucks Have Moved From Impossible to Inevitable
(DBN)

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Tourism:

US wants 100M annual foreign visitors—but numbers keep falling during 'Trump slump'
(DBN)

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Private Credit:

Blackstone private credit fund maintains 5% cap as redemption requests remain elevated
(DBN)

Allocators Aren’t Retreating From Private Credit — But They Are Scrutinizing Their Managers
(DBN)

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Diamonds:

True Gem, Dallas-based lab-grown seller, goes Chapter 11
(DBN)

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Theatre:

Former Salem Grand Theatre managers owe $100K in rent, owners say
(DBN)

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Horse Racing:

Hawthorne sale is now closed
(DBN)

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Freight:

26 freight companies filed for bankruptcy in Q2
(DBN)

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Festivals:

Burning Man has become a wrinkled sausage fest of aging millennial men, data shows
(DBN)

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Economy:

S&P Global US services PMI comes in at 56.5 vs. 56.2 estimatedISM services PMI strengthens past consensus in August ISM non-manufacturing PMI comes in at 55.4 in August, beating expectations
(DBN)

Legendary economist Gary Shilling says consumer signals point to a recession in the next 12 months
(DBN)

The bond market rout is global. Here’s what’s driving it
(DBN)

As the Rest of the Economy Crumbles, the Amount of Money Flooding Into Data Centers Is Simply Astounding
(DBN)

ADP jobs report: August hiring hit 8-month low as AI distorts Fed wage data
(DBN)

Fewer Americans are Working or Looking for a Job. Experts Can’t Agree on Why
(DBN)

CEOs earn 614 times more than workers at US’s 100 lowest-paying corporations
(DBN)

The market views Fed Governor Waller as the tying vote, says Doubleline’s Jeffrey ShermanFed Governor Waller indicates he will support holding rates steady at September meetingFed's Waller channels his inner John Lennon with a plea to 'give disinflation a chance'
(DBN)

Not so fast on rate hikes, some Fed officials say
(DBN)

New doubts emerge about whether Fed will raise interest rates this month
(DBN)

The world appears to be entering a higher-rate era. Here’s who will pay the price
(DBN)

Average 401(k), IRA balances hit record highs — but more workers are raiding their accounts, Fidelity says
(DBN)

Inside House Republicans' beef with Trump's trade agendaCarney claps back at Lutnick, says Canada will resume trade talks ‘when the Americans are ready’Trump: Our country has been taken advantage of by Canada, tougher to deal with than ChinaCarney brushes off Lutnick’s take on what killed trade talks
(DBN)

 

Historic first: Older adults outnumber the youngest children worldwide
(DBN)

The blue-state corporate exodus
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Q2 Update: Delinquencies, Foreclosures and REO
(DBN)

Serial squatter learns fate in fraud case after nearly three dozen evictions under multiple aliases
(DBN)

Luxury real estate developer files for Chapter 11 bankruptcy
(DBN)

IA: Purchase Agreement For Bankrupt Valley West Mall Approved
(DBN)

Leland tenants still waiting for compensation as Detroit bankruptcy fight continues
(DBN)

______________

Municipalities:

Chicago Faces $882M Budget Gap in 2027, as Johnson Touts Smaller Than Expected Election Year Shortfall
(DBN)

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Oil/Gas:

The Trump administration says more oil exited the Middle East this week than before the Iran war, but the data says otherwise
(DBN)

Oil Jumps for Fourth Straight Day and Diesel Nears Record High
(DBN)

Brent oil price above $96 per barrel after Iran fires missiles at Kuwait
(DBN)

U.S. Diesel Prices Surge Toward All-Time High
(DBN)

Why Oil Majors Don’t Want to Build New U.S. Refineries
(DBN)

____________

Politics:

Tracking approval and key issuesTrump ranks himself the greatest US president ever. Historians beg to differ
(DBN)

White House Debuts Video Games Where Players Build Border Wall, Punch Junk FoodOfficial White House website launches games where users arrest immigrants
(DBN)

Trump Fumes Over Media's Iran Coverage: 'Treasonous SCUM!'
(DBN)

List of places, things Trump wants to rename following Lake Ontario
(DBN)

Leon Black sues House Oversight over Epstein probe subpoenas, won't appear ThursdayHogan Files Suit for Leon Black to Thwart House’s Epstein Probe
(DBN)

Maria Bartiromo Out at Fox News, Fox BusinessMaria Bartiromo Fired After Leaking Fox Guidance to TrumpFox Barred Bartiromo’s Staff from Talking to Her Before Ouster Announced: Source
(DBN)

Ted Cruz Is Testing the Waters for a 2028 Run—and Taking Swipes at JD Vance
(DBN)

Behind closed doors, John Fetterman shows little interest in the work of a senatorOften Refuses Constituent MeetingsBlew off paralyzed vets and children's hospital amid rightward drift5 Wildest Details From WSJ’s Bombshell John Fetterman Report
(DBN)

Secret Service is getting the fortified White House that past presidents resisted
(DBN)

GOP senators headed for clash with Pete Hegseth over turnover, Iran warHegseth extends Mideast deployments into 2027, escalating strain on troopsHegseth Has Top Choice to Replace Army Secretary, But It’s Not Up to HimTrump encouraged Army secretary to stay in jobBacon echoes Tillis: Hegseth ‘would not be on my team’Republican senator calls on Trump to replace Defense Secretary Pete Hegseth
(DBN)

Tucker Carlson All But Endorses ‘Trumpian’ Democrat Abdul El-Sayed: ‘I Wouldn’t Vote for Mike Rogers at Gunpoint’
(DBN)

Harvard Poll Finds Netanyahu More Popular Than Mamdani
(DBN)

House Democrats erupt into infighting over leadership power play
(DBN)

James Carville Insists Trump Is 'Trying to Lose' Midterms
(DBN)

Karl Rove Sounds Alarm Over Paxton: 'Time Is Running Out!'Trump melts down at rising Dem star James Talarico in weird vomit rant
(DBN)

Loomer Hammers Vance After He Calls Tucker Carlson ‘a Friend’: ‘Kiss of Death’
(DBN)

Map of states Trump won twice where Democrats lead with 2 months to midterm
(DBN)

Republicans fear Trump will keep super PAC money and not spend on the midtermsTrump promises to campaign for Republicans and says they have a winning midterm message
(DBN)

Ex-Labor Secretary Lori Chavez-DeRemer's strip club visit, relationship with bodyguard revealed in IG report
(DBN)

Elon Musk-backed super PAC reports $800,000 in first burst of midterm spending, largely in Maine and Texas
(DBN)

Why Trump’s ‘golden shares’ are enticing progressives
(DBN)

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Maritime:

Baltic Dry Index Breaks Out as a “Perfect Storm” Hits Shipping
(DBN)

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Sports:

Bryson DeChambeau has made decision over LIV Golf 2027 futureJon Rahm Could Leave LIV Golf as $150 Million Question Looms
(DBN)

$291 Billion Partner Commits to PGA Tour Amid Major Changes Set for 2028
(DBN)

Judge allows NFL players to return to LSU in bombshell decision
(DBN)

____________

Agribusiness:

'Why would he do this to us?': One crucial Trump decision is hurting his base, Republicans warn
(DBN)

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Utilities:

PG&E’s spending cut amid wildfire liability dispute is decried by watchdog as ‘blackmail’
(DBN)

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Radio:

FCC to review post-bankruptcy foreign ownership of Spanish Broadcasting System
(DBN)


____________

Comic Books:

Pop King Makes Comic Publishers A Consigned Diamond Inventory Offer
(DBN)

____________

Mapping:

Filing Alert: Geospan Corporation Chapter 11
(DBN)

____________

Crypto:

Echo Base Forms BitMart Claimholder Committee, Weighs Bankruptcy
(DBN)

____________

New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (75 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Abstention:

Abstention Under 20 U.S.C. § 1334(c) — Permissive & Mandatory (One William Street v. Wilmington Trust): Part 1
(DBN)

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D&O:

Governance Signal Decay as a D&O Severity Problem
(DBN)

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Mass Torts:

Insurance company settled with Minnesota diocese to pay sexual abuse victims
(DBN)

Catholic Diocese of Winona-Rochester settles abuse claims for $30M
(DBN)

____________

Aviation:

One-star reviews of airports: 'Feels like psychological torture'
(DBN)

Global Airlines A380 Faces a Winding-Up Petition
(DBN)

____________

Education:

New IRS proposal threatens universities' tax-exempt status over diversity programs
(DBN)

____________

Assisted Living:

The Retirement Community Wanted $400,000 Up Front, '90% Refundable.' Families Learn What That Really Means When They Ask for It Back
(DBN)

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Autos:

First Brands After Conversion: What the Collapse Actually Teaches Lenders and Trade Creditors
(DBN)

Tesla Driver Killed After Self-Driving Mode Stops in the Middle of a Highway
(DBN)

Tesla teases 'no steering wheel, no pedals' ahead of Cybercab update
(DBN)

Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
(DBN)

____________

Food/Beverage:

Republic and National Distributing Company layoffs and bankruptcy settlement
(DBN)

Should We Be Afraid of Our Food?
(DBN)

____________

Healthcare:

North Star’s bankruptcy case costs $6 millionNorth Star Health Alliance’s bankruptcy costs top $6M as it closes ASC, orthopedic group
(DBN)

For 4 Years, The Villages’ Top Health Provider Allegedly Filed False Medicare Codes. The Bill Just Came Due: $541.5 Million.
(DBN)

59 hospitals closing departments or ending services
(DBN)

The hospitals, health systems cutting jobs in 2026
(DBN)

Self-pay hospital visits spike as coverage losses mount
(DBN)

Democrats in talks about expanding Medicare, breaking up large insurers: Report
(DBN)

Nearly half of small business employees are not offered health insurance: CBO
(DBN)

State-run ACA marketplace enrollment down 8.5%: 7 notes
(DBN)

CDC, Pennsylvania’s growing feud over measles: 4 things to know
(DBN)

RFK Jr. accused of shock plot to cover up measles death
(DBN)

'Do you prefer people dying?': Mark Cuban tells Ted Cruz a 'true capitalist' would raise taxes, slash healthcare costs
(DBN)

____________

Fintech:

Executives of Linqto, bankrupt pre-IPO trading platform, face fraud charges.
(DBN)

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Fraud:

Convicted Trump media-linked fraudster funded pro-Trump film in hopes of pardon, lawsuit says
(DBN)

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Celebs:

Shilo Sanders' creditor collapses at bankruptcy trial, taken to hospitalDeion Sanders will not have to testify at his son Shilo’s bankruptcy trialWhy Deion Sanders won't testify in son Shilo's bankruptcy trial Shilo Sanders' hospital scare reopens an old courtroom mistake Former principal, teacher back Shilo Sanders’ story in bankruptcy trialShocking testimony and lack of evidence undermine Shilo Sanders bankruptcy caseShilo Sanders’ Bankruptcy Trial Gets Heated, Judge Has To Intervene'His mom is coo-coo': Deion Sanders' family takes a hit during Shilo's $11.89M bankruptcy trial
(DBN)

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Sovereigns:

The foundations and principles for Preferred Creditor Status in sovereign debt
(DBN)

Dakar's bid to rework its debt causing concern among creditorsSenegal Starts Countdown to First African Default Since 2023
(DBN)

____________

UK:

FCA sounds alarm over £335bn concentration risk in UK private credit market
(DBN)

Tentative signs the haulier industry is beginning to recover
(DBN)

Almost two in five run out of money before payday
(DBN)

____________

EU:

The Risk of Russian Sabotage in Europe: A Fight That Spirals Out of Control
(DBN)

____________

MENA:

Why Washington’s ‘economic D-Day’ against Iran faces steep oddsTrump turns to a dual economic and military approach in latest attempt to squeeze IranUS pressure on Iran starting to tell, as sanctions and blockade bite Iran targets US bases as Israel warns sanctions could drive Tehran to ‘desperate steps’What to know about a reported US airstrike that hit a wedding in Iran60 targets struck, 18M barrels of oil protected: The US military’s record day in the Strait of Hormuz
(DBN)

Far-right Israeli minister outlines plan for removal of all Palestinians from GazaBen-Gvir posts Palestinians on conveyor belts to detention camps
(DBN)

Trump administration reviving centuries-old prize law to try to claim Iranian oil tankers
(DBN)

____________

Venezuela:

Nobel laureate Machado: ‘Illegitimate’ Venezuela regime has no right to strike US oil deal
(DBN)

President Donald Trump strikes a shady, socialist oil deal with Venezuelan dictator Delcy Rodriguez
(DBN)

Proud of their oil, Venezuelans view US stake in their reserves as a surrender
(DBN)

U.S.-Venezuela Oil Deal Threatens China’s Oil-Backed Loans
(DBN)

____________

Colombia:

Colombia's De La Espriella Poses With Bodies in a Video Posted Online
(DBN)

____________

Russia:

Krugman: Trump and Bessent tried to betray Ukraine. Now they don’t have any cards.
(DBN)

Norway Seizes Russian Ship, Testing Moscow in the High Arctic
(DBN)

____________

Malaysia:

Malaysia’s Cross-Border Insolvency Framework Is Now Complete
(DBN)

Court grants Malaysia ex-PM Najib and son stay of bankruptcy proceedings
(DBN)

____________

Germany:

PANDION's Insolvency Web Spreads to 11 Project Companies as Bondholders Scramble for Clarity
(DBN)

____________

India:

IBBI Must Be Circumspect While Issuing SCN Due to Serious Impact on Insolvency Professionals: Bombay High Court
(DBN)

Can penalties imposed on insolvent developer be recovered from homebuyers as CIRP costs? Supreme Court answers
(DBN)

IBC amendments restore primacy of commercial creditors
(DBN)

____________

Singapore:

Sritex Bankruptcy: Singapore Ruling Opens New Path for Cross-Border Asset Recovery
(DBN)

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