September 9, 2026

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Legal hiring increases for fifth straight month, new government data shows
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A Five-Month-Old Firm Just Matched The Milbank Scale
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First-Year Lawyers, Treat Your Salary Like the Opportunity It Is
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The Legal Industry’s AI Scramble Is Changing the Lateral Market
(DBN)

Looking at AI Adoption As More Than a Technology Challenge
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AI Is Reshaping Client Expectations for Outside Counsel
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Simpson Thacher’s Weil Pipeline Showcases Big Law’s Rapid Hiring
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ABA Ends DEI Rule as Education Department Eyes AccreditationABA Council Repeals Diversity Standard Amid Uncertainty About the Organization's Future as a Law School Accreditor
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This Law School Dean Promised A Tattoo If His Students Crushed The Bar Exam
(DBN)

Kirkland’s Texas Headcount Tops 500, Making It Largest in State
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Lawyer who cited paraphrasing as direct quotes in 2nd Circuit brief says AI played a role
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Lawyer used fake AI cases to defend himself at disciplinary tribunal and it didn’t end well
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Meet 9 of New York City's Best-Dressed Lawyers
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Law firm Seyfarth Shaw's SEYscraper expedites legal research
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Law reviews potentially rejecting submissions because the journals detect AI is problematic for a variety of reasons
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Is Perry Mason TV's most effective lawyer? New study names top 5
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Alex Su Named President Of Latitude As Flex Legal Staffing Market Booms
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Willy Wonka’s In-House Counsel Is Back And Handling Jurassic Park’s Legal Problems
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Lindsay Clancy’s Lawyer Calls on Trump to Pardon Her, From State Case??Patrick Clancy Lawyer Shreds Rumors Implying He’s Involved in Kids’ MurderHoldout in Lindsay Clancy trial said he had reasonable doubt but still wouldn’t acquit, juror saysLindsay Clancy jury members break silence on ‘arrogant’ 12th holdout & say argument spiraled into screams & name-calling
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Mom who was 'very invested' in Lindsay Clancy trial killed 2-year-old in basement: Police
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Shocking moment bungling lawyer attempts to shoot ex-wife dead in restaurant before being tackled by waiter
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US Pursues Deportees Abroad for $423 Million in Unpaid Fines
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US police fear Meta smart glasses could be used to secretly record them
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New grand jury subpoenas being sent in investigation targeting Trump-Russia probe, AP sources say
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Thieves steal Renoir paintings from French museum, dropping two as they fleeRenoir paintings are worth a fortune, but not when they’re stolen
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A Secretive DHS ‘Predictive Policing’ Unit is Analyzing Americans' Financial Habits and Pulling Them Over
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Mom found guilty of abuse for letting 5-year-old walk outside aloneVirginia mom speaks out after being put on child abuse registry for letting child walk alone Raising Independent Kids Shouldn’t Be This Hard
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Woman pulled gun from bra, shot ex in both legs while returning his keys: Cops
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Father and son gunned down postal worker sitting in his mail truck after stalking him
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Man left handgun on kitchen counter, 8-year-old cousin shot herself as he slept: Police
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Grandson disabled grandma's Life Alert, beat and held her captive for hours: Police
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Drunk driver T-bones parked car, punches car's owner after she came outside: Police
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Argument over sharing food led to man being shot 5 times and left to die: Police
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Man, 27, beats mom with baseball bat over 'her not cooking him any food': Police
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Man Indicted on Hate Crime Charges in Attacks Near Manhattan Synagogues
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Menendez brothers granted 2027 parole hearing, family says
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Judges:

Hon. Alan S. Trust (Ret.) Joins JAMS in New York
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Appeals court upholds ruling barring IRS from sharing data with ICE Trump officials ask high court to allow immigration database for voter scrutinyAppeals court slams Trump's 'weak sauce' argument for sharing tax returns with ICE, says take 'gripe' up with Congress
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Constitution Doesn’t Cover Right to Clean Water, Court Rules
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Judge's AI Error-Laden Ruling Faces Appellate Scrutiny. Are There Lessons for Lawyers?
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Trump DOJ tells Chief Justice Roberts that a judge's 'indefensible order' is what actually 'threatens the integrity of upcoming elections'
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Florida’s Newest Justice Questions Everything — Even His Allies
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Magistrate Judge’s Friendship With Lawyer Wipes Out Court Award
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Threats Against Judges Endanger Their Independence on the Bench
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How two men without lawyers got their cases to the Supreme Court
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Empower the Supreme Court’s supermajority on substantive matters
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Judge reinforces order barring immediate work on Trump arch in Washington
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Judge rules Sinema can be sued for North Carolina affair
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Wall Street:

US Stocks Slip as $100 Brent Lifts Inflation Risk
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Wall Street slides as Middle East tensions keep investors on edge
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Layoffs:

24 Hour Home Care Layoffs Hit 738
(DBN)

Trinity Health in Livonia to lay off 557
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The Trade Desk cuts 15% of workforce
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Bet365 Cuts 340 Jobs
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Tech:

OpenAI says it has solved a Millennium Prize problem—a holy grail of mathSwirl of controversyOpenAI accused of threatening mathematician to claim breakthroughYou should care about the AI math breakthrough drama even if you're not a nerd
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AI Defamation Disputes Trip Up Courts Seeking a ‘Mind’ to Blame
(DBN)

New ChatGPT is world’s first human-level AI, says Nvidia boss
(DBN)

Teen reading slumps to worst this century due to surge in screen time
(DBN)

Gen AI Tools Are Now Being Used to Push ‘Slop Jihad’
(DBN)

I asked AI to rank the 10 jobs most likely to be replaced by AI — here's what they all agreed on
(DBN)

Sam Altman says AI won't bring shorter work weeks because people are 'secretly happy' being busy with their jobs
(DBN)

Anthropic researcher says AI has 10% chance of 'killing all humans'Anthropic researcher quits over 'out-of-control' AI fears
(DBN)

Journalist Accuses Paper of Slapping Her Name on AI Article Without Her Knowledge
(DBN)

Someone AI-Generated a Completely Fake Eminem Song and It’s Going Viral on YouTube
(DBN)

Think your anonymous account is safe? AI might figure out who you are
(DBN)

Chinese hackers are running AI on stolen networks to avoid detection, Google says
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Food/Beverage:

Napa winery that rose from wildfire now faces bankruptcy, and up to $50 million in debt
(DBN)

Now cream cheese recalled over fatal infection fear
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Private Credit:

Private credit resilience tested as BDC discounts widen
(DBN)

Private Credit, Affiliated Transactions, and D&O Risk
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Software:

AI Is Disrupting Software Companies—but Not as Fast as Many Feared
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Maritime:

18 maritime powers warn global shipping order is breaking downIs the global maritime order breaking down?
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Food/Beverage:

Denny's franchisee abruptly closes its Minnesota, Wisconsin restaurants
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Your food may be safe. Its packaging is another story.
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Fraud:

Over 200 US seniors hand over fortunes in $250M gold scheme — 40+ indicted after bullion melted down in Florida
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Economy:

US Conference Board Employment Trends Index rises to 108.53 in August
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US consumer credit rises $18B in July, surpassing estimates
(DBN)

Inflation, weaker sales erode small business optimism: NFIB survey
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Kevin Warsh might yet be a good chairman of the US Federal Reserve
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Why the Fed’s interest rate call could come down to a few hundredths of a percentage point
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America’s black hole: The debt threatening to swallow the global economy
(DBN)

An exercise in thinking about the unthinkable: a US debt default
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The Iran war and $40 trillion debt just made Chinese bonds look safe
(DBN)

Trump plan to pay parents to stay home with kids sparks Republican backlash
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As Social Security fund runs dry, some Republicans say it’s time to raise taxes
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The real jobs problem CEOs are talking about isn’t hiring
(DBN)

August jobs numbers overstate economy's strength, says Moody's Mark Zandi
(DBN)

Trump economists say the most unbelievable things
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As Canada's countertariffs kick in, Trump's escalating threats draw political rebukeCanada trade fight hits KansasCarney Tells Canadians: Retaliation Against U.S. Tariffs Was UnavoidableCarney says retaliatory tariffs meant to protect CanadaTrump threatens to ban Canadian products from government contractsUS banning dairy products, most alcohol and motorcycles from Canada in growing trade warWhy the US-Canada Trade War Is EscalatingCanada PM Carney Vows to Backstop Economy as U.S. Trade Row Escalates
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US job market is booming in a historic way — for workers with no college degrees
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For its economic woes, Gen X still blames the Great Recession
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US Debt Clock
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World Debt Clock
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Real Estate:

Trump promised lower mortgage rates. Here’s what happened instead
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Housing market cools as price per square foot falls for 10th month
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Texas Gov. Abbott pitches 50% property tax cut in affordability plan
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CT's Success Village begins transition back to resident control
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Municipalities:

The 1.5-Million-Square-Foot Hole in the Center of San Francisco’s Comeback
(DBN)

Sacramento Unified board facing potential insolvency decides not to raise pay
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Oil/Gas:

Oil hits multi-week highs after Houthi attacks on Saudi energy facilities
(DBN)

$100 Brent Looms as China’s Oil Buying Rebounds
(DBN)

Oil hits $100 for first time since July amid Strait of Hormuz chaos
(DBN)

Iran’s Oil Exports Collapse as Hormuz Standoff Drags On
(DBN)

Trump promised $2 gas. He bragged about $2.30 in February. Now he says $3 gas is the reward for winning the war with Iran — and you're paying $4.15
(DBN)

Scott Bessent sets startling oil price target
(DBN)

‘Spark in a powder keg’: Iran is about to double gasoline prices for many, and some are sleeping in their cars overnight to fill up
(DBN)

Refining bottlenecks are emerging as the next big oil problem as Middle East skirmishes flare up
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Politics:

Tracking approval and key issuesDonald Trump’s approval rating falls to lowest yet in FT poll Trump’s energy holdings have surged as the Iran war moved oil marketsTrump Posts Boastful News Clip — Apparently Misses Brutal Economic SubheadersTrump Boasts About Honoring Italian-Americans in Bizarre Post About ColumbusTrump Scrubs Language Criticizing Slavery Depictions From Confederate MemorialTrump Claims He Was Pulled from Rubble On 9/11 Fact-checking Trump’s recounting of his 9/11 responseTrump gave $45,000 holiday gifts to Natalie Harp and two other White House aides
(DBN)

Mistrust of US government information is rising across major issues, new poll shows
(DBN)

GOP faces brutal midterm headwinds as Republicans paint election as ‘competition with communism’
(DBN)

WSJ: Socialism and the Dumbest Generation
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Surprising names join fight against Trump’s crusade to sow chaos in elections
(DBN)

Democrats' chances of flipping House get better in Fox News forecast
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Dems enter midterms looking to conquer red territory
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Democrats Just Hit a Midterm Polling Milestone for Senate
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Democrats make sharp gains among Latino voters in battleground districts: Poll
(DBN)

Veterans and Democrats intensify fight against Trump's planned arch
(DBN)

House Republican Scrubs Trump From Campaign Site as She Seeks Re-Election: Rpt
(DBN)

Bombshell WSJ Report Says Corey Lewandowski Acted as DHS ‘Shadow Secretary’
(DBN)

GOP Strategist Rips Trump: ‘Wants to Spend Money on Himself,’ Not on Candidates
(DBN)

Elon Musk told ex-girlfriend he needed ‘a legion of children before the civil war’'Musk' Review: Elon Gibney's Punishing Documentary'Musk' Review: Alex Gibney Doc Digs Deep on World's Richest ManMusk, review: This Elon Musk documentary is a chillingly forensic hatchet job
(DBN)

Iceland summons US ambassador after Trump posts map showing island under American flag
(DBN)

Former GOP Rep. Charles Dent says Donald Trump's AI-generated map posts hurt GOP midterm goals
(DBN)

The Democratic Socialist Primary Fight Hits America’s Smallest State
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7 rumors about James Talarico we've fact-checked
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Trump’s favorite president also attacked the Postal Service.
(DBN)

'South Park' Trolls Trump With Name Change To 'South America'
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Tourism

'We love Canada,' say US tourism ads as Canadians vow to stay away
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Nuclear:

U.S. to Loan $1.9 Billion to Restart a Shuttered Nuclear Plant in Iowa
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Prediction Markets:

How much does it cost to move a midterm prediction market? Not much
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Insurance:

GoHealth completes restructuring and exits Chapter 11 as lender-owned private company
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Sports:

LIV Golf Files for Bankruptcy With Post-Saudi Future UncertainLIV Golf files for bankruptcy with at least $500mn in liabilities LIV Golf files for bankruptcy protection as it tries to survive in a smaller version LIV Golf making big changes to competitive format after bankruptcy LIV Golf files for bankruptcy as it attempts to restart in 2027 LIV Golf: Players free to leave after competition files for bankruptcy protectionLIV Golf namedrops Premier League club in $500million bankruptcy decisionLIV Golf officially files for bankruptcy; O'Neil says league pursuing a 'landmark transaction'Jon Rahm dodges questions about wanting a pathway back to PGA Tour with LIV Golf future a complete unknownLIV Golf files for bankruptcy, with Bryson DeChambeau and Jon Rahm owed millionsAustralian Open saves SA government from a LIV Golf bunker LIV Golf's Bankruptcy: Players as Major LiabilitiesLIV Golf could soon be majority player-owned as organization files for Chapter 11 bankruptcy
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SEC seeks authority to expel LSU
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Military:

Army to mobilize veterans in preparation for war
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Supplements:

Popular drink and supplement brand sold at Walmart and Walgreens files for bankruptcy
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Autos:

Lender sues now-defunct Dublin car dealership for $3.7 million. Here's why
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Consumer Protection:

Hill-Backed Bill Would Reshape CFPB Funding, Enforcement And Supervision
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Credit Unions:

$3,700 Lunch. $88K Watch. $168K ‘VIP Experience.’ Documents Provide New Details Around How Ex-CEO Allegedly Used Embezzled Funds
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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (74 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (14 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Tax:

How To Apportion A Joint Tax Refund Between Debtor & Non-Debtor Spouses? Five Different Tests (In re Pirron)
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Cross-Border:

Navigating global restructurings – three key considerations for multinational employers
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Aviation:

Miami Airport evacuation triggers panic as passengers and staff rushed from Terminal D
(DBN)

2 Miami airport runways still closed after Amazon cargo plane crashAmazon cargo plane crash victims were in vehicles that were hit, NTSB says
(DBN)

Bombardier declines as Trump threatens US sales banGOP senators defend Bombardier after Trump threat
(DBN)

Air traffic control issue disrupts departing flights at major UK airportsAirlines scramble to dig out from tech problems that canceled 1,750 flights in the UK
(DBN)

These 13 US airports now allow non-ticketed visitors at terminals
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Healthcare:

GOP Senator Reportedly Sued Hundreds of Patients for Unpaid Medical Bills
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More Americans are losing health insurance—and everyone will pay
(DBN)

NYC mayor Mamdani releases 9/11 records showing officials misled New Yorkers about air quality around Ground ZeroHeartbreaking new 9/11 data reveals first responder cancer deaths now DOUBLE people killed in terror attacks 25yrs on
(DBN)

Low-income patients at UCLA Health scramble to find new doctors as contract ends
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Education:

Anna Maria College seeks approval to move monuments off campus
(DBN)

Hundreds of colleges are sending acceptance letters to kids who didn’t even apply
(DBN)

Americans' satisfaction with schools is at a low point, new Gallup poll shows
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Harvard and MIT scholars head north as Mark Carney offers millions
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Specialty Manufacturing:

Alkegen files prepackaged Chapter 11 after securing deal to eliminate $3.1bn of debt
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Agribusiness:

A 6-Generation Cherry and Apple Giant Just Filed for Chapter 11 Bankruptcy. Growers Say It's Not an Isolated Case
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Student Debt:

The 25 colleges where students graduate with the most debt
(DBN)

Clever ‘debt assassin’ hack to pay off your student loans even faster as experts reveal four important tips
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Summer Camps:

Parents seek to wrest Camp Mystic bankruptcy from Eastlands’ control
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Telecom:

Dish Creditors Allege Conflicts, Seek Trustee for 5G Wind-DownCreditors ask bankruptcy court for new trustee and counsel
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Celebs:

Shilo Sanders got served with another lawsuit at bankruptcy trial
(DBN)

Kate Abdo brutally mocks Jamie Carragher with bankruptcy jokes during live coverage
(DBN)

Tom Brady and Gisele Bündchen linked to $32 billion FTX collapse after bankruptcy documents revealed $2 million stakes
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Private Equity:

‘Apollo premium’ drives up debt costs for private equity giant’s portfolio companies
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Debt Collection:

Debt collection agency fails to pay debts, files Chapter 11 bankruptcy
(DBN)

State Debt Collection Strategy Includes Hundreds Of Potential Driver's License Suspensions Per Month
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Sovereigns:

The world’s $2tn interest bill
(DBN)

Senegal to Negotiate a Debt Reprofiling in Talks With Creditors
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UK:

UK Set to Pay Most Since 1998 for Borrowing After Gilt Selloff
(DBN)

Harry and Meghan ‘surprised’ by king’s letter reiterating they’re not working royals
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Canada:

Five things we now know about landlord restructuring plans
(DBN)

Alberta court affirms rejection of insolvency argument, given lack of assignment into bankruptcy
(DBN)

EU and Canada Plan Far-Reaching Deal to Strengthen Partnership
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MENA:

Iran claims capture of unmanned US submarine near Strait of HormuzCENTCOM Confirms Underwater Drone Malfunction Iran Eyes Escalation In Strait of Hormuz to Squeeze Energy Prices FurtherDonald Trump launches new strikes on Iran's Kharg Island Keeping Strait of Hormuz open is a global responsibility, says former US Navy commanderGulf nations race to bypass Hormuz and build defenses as Iran war drags onIran-backed Houthis attack four Saudi cities in expansion of Middle East war, 73 hurtSaudi Arabia and Yemen’s Houthis Edge Back to the Brink of WarSatellite images show smoke rising from Saudi Aramco facilities after Houthi attacksIran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into CrisisUS issues sweeping sanctions against Iranian airlines, foreign businessesIran threatens to target US energy assets in Gulf if US strikes againHow the U.S. Is Targeting Iran's Oil MoneyIran threatens US with new 'economic warfare' and missiles as Houthis attack Saudi ArabiaIran Launched Undisclosed Second Wave of Attacks on U.S. Navy ShipsIran warns people to 'evacuate' in Middle East as huge strikes comingThe US military just threatened to 'destroy Iran's limited and exposed oil fleet' if Tehran keeps trying to attack the US IRGC confirms Iran attacked Jordanian US military base, two US vessels, eight tankers in GulfNavyUS military says it destroyed 5 more Iranian oil tankers after missile attacks on Navy warshipIran is forging a new ring of proxies to threaten US allies in the Gulf, officials sayIran attacks US bases as dramatic vid shows moment regime tanker sinks after being blitzed by American forcesU.S. denies claims Iran struck two American vessels in retaliation for earlier strikesIran Signals Readiness to Escalate War With U.S. Amid Rising Economic Pressure
(DBN)

UK accuses Israeli ‘terrorists’ of ethnic cleansing in West Bank with government backingCiting 'ethnic cleansing,' UK bars imports from Israeli West Bank settlementsFrance to Ban Products From Israeli Settlements in West Bank, Foreign Minister SaysUK, France among 12 states backing sanctions on illegal Israeli settlementsUS envoy warns UK against new plan to sanction Israeli settlementsMAGA lawmaker’s threat to punish Britain could wipe out 70,000 jobs in his own state
(DBN)

Netanyahu Explicitly Warned of Hamas Plans Before Oct 7: Rpt
(DBN)

Some Israeli actions in Syria may amount to war crimes, UN probe says
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Poland:

Record consumer bankruptcies in Poland, but no mass sell-off of homes
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Russia:

Germany to send more Patriot missiles to Ukraine, warns of stepped-up Russian winter attacks
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Trump told Putin U.S.-Russia ties could be restored with swift end to Ukraine war, Kremlin says
(DBN)

The spy who betrayed his country for ‘Viagra’
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Sweden:

As election looms, Sweden's government is paying immigrants to leaveSweden Immigration Restrictions Spark Healthcare Concerns
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Brazil:

POSCO Brazil Bankruptcy Sparks Legislative, OECD Backrush
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China:

Chinese court guidance aims to smooth developer bankruptcies, reassure creditors
(DBN)

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South Korea

KDIC merges probe unit with recovery team as failed-bank cases wane
(DBN)

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Australia:

Australia’s Bathla Developer Faces Liquidation Risk With Limited Emergency Funds
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Asia:

Developments in Asia Restructuring: Potential Opportunities for Indian Debtors – CIRP and English Restructuring Plans
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