September 16, 2026

The Daily Bankruptcy News

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Law:

Former Managing Partner Accused Of Paying For Disney Trips On The Firm’s Dime
(DBN)

The Remote Work Conundrum Redux
(DBN)

Morgan & Morgan aims to spend $1B on AI, sell its platform to other firms
(DBN)

Which AI Product Is Most Popular Among Law Firms? Findings Of ILTA’s Tech Survey May Surprise You
(DBN)

Sullivan & Cromwell hires team of Kirkland partners in private equity push
(DBN)

Investors Turn to Law Firm Back-Office Innovations Amid Shifting Interest in Arizona’s Legal Market
(DBN)

In apology to court, senior associate details how she will avoid AI mistakes going forward
(DBN)

DHS training materials instruct agents to potentially break laws, whistleblower saysTrump DHS whistleblower alleges workers lied to access state voter dataMap Shows Where ICE Arrests, Detentions Have Surged MostLatin American migrants deported by ICE to West Africa describe being stranded "on the other side of the world"ICE lost count of miscarriages, while detaining a record number of pregnant women
(DBN)

Patel spars with Dems over Epstein files, FBI leadership in fiery Senate hearingFBI chief Kash Patel defends hiring standards changes on prostitution, bestiality at fiery hearing Republican senator presses Patel on FBI policy change: 'Why would you get into bestiality?'Dems grill Patel on sex with animals, drinking on the job, frat boy goals in off-the-rails hearing: ‘Shut up’ Kash Patel Suggests FBI Agents Could Go to Election Polling SitesDemocrats accuse FBI director of intimidating journalistsKash Patel Rages About His Viral Clashes With Democrats in Wild Senate Hearing
(DBN)

Penn Law professor brings Trump ally John Eastman onto legal teamAmy Wax Adds Disbarred Coup Lawyer John Eastman For That ‘Accountability Is Persecution’ Energy
(DBN)

Sorority sisters ask 10th Circuit to revive challenge to definition of ‘women’
(DBN)

Judge seals Lindsay Clancy jurors' names indefinitely over safety concernsLindsay Clancy holdout juror’s brother reveals details about why he chose guilty 
(DBN)

Nick Reiner to swerve death penalty
(DBN)

US House panel votes to hold Leon Black in contempt over Epstein subpoena
(DBN)

Police Use Flock to Jail Completely Innocent Woman for Weeks
(DBN)

How ‘Fitbit killer’ who murdered wife & dog while baby was sleeping was caught when exercise tracker exposed fake alibi
(DBN)

Wife used flagpole to kill husband inside upscale gated community: Sheriff
(DBN)

Man killed sister's boyfriend while arguing over how to cook chicken at barbecue: Police
(DBN)

Mom burned misbehaving 10-year-old daughter while she was tied down to a chair: Cops
(DBN)

Woman chased outside Panera Bread, shot dead by DoorDash driver who was obsessed with her
(DBN)

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Judges:

Trump rips own SCOTUS picks after justices block mail-in ballot rules: ‘These are not the people I interviewed’
(DBN)

MAGA justices rage at court for stopping Trump’s ballot plot
(DBN)

Judge in Trump's IRS lawsuit won't halt her sanctions order
(DBN)

Trump-appointed judge excoriates ICE for 'unlawful' deportation of Mexican man
(DBN)

One line from Justice Kavanaugh suggests fight over Trump USPS rule is just getting started, even if SCOTUS won't let it affect midterms
(DBN)

Judge Cannon's name comes up as Trump DOJ tries to revive Comey, AG James indictments
(DBN)

Trump calls Supreme Court mail ballot ruling ‘big loss for Republicans’
(DBN)

Break the Supreme Court law clerk cartel
(DBN)

Man accused of threatening to kill federal judge set to face trial
(DBN)

For Most Of Its History, The Supreme Court Was Just A Tenant
(DBN)

Judge disciplined for requiring COVID-19 vaccination for parents in custody case
(DBN)

Why 90 percent of US baby formula lawsuits landed in two Illinois counties
(DBN)

Nazi-looted painting surfaced in a real estate listing must be returned to its rightful heirs, judge rules
(DBN)

NH Chief Justice MacDonald announces resignation; ethics probe loomed
(DBN)

California judge charged with manslaughter in bicyclist's death
(DBN)

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Wall Street:

Stock futures edge higher ahead of pivotal Fed rate decision
(DBN)

Dow falls 500 points as losses accelerate following a 19-year high in the 10-year Treasury yieldStocks drop as 10-year Treasury yield hits 19-year high, crude oil tops $106 a barrelStocks post back-to-back losses as oil surges, 10-year yield hits 19-year highDow clinches its worst September start since 2008 as history repeats itself
(DBN)

Global selloff in stocks as bond market enters 'new era' of risk
(DBN)

An AI bubble is no longer Wall Street’s biggest fear. This stock-market risk just took its place.
(DBN)

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Layoffs:

FEMA Could Still Lose More Jobs Despite Court Ruling
(DBN)

Dartmouth Health lays off 124, cuts 303 open positions
(DBN)

Latest UVM Health cuts affect 199 positions
(DBN)

GW Law lays off personnel amid financial challenges, dean confirms
(DBN)

Hundreds of layoffs announced at the 2 largest healthcare networks Vermonters rely on
(DBN)

The University of Utah plans to lay off hundreds after seeking advice from national consulting firms.
(DBN)

Read the 6 am email Oracle leadership reused for its second round of job cuts this year, telling employees 'today is your last working day'
(DBN)

Wells Fargo CFO sees more layoffs ahead as AI drives efficiency: ‘It’ll bring headcount down more’
(DBN)

KPMG to cut another 200 jobs in UK advisory business
(DBN)

Amazon contractor cuts 230 jobs in San Antonio area
(DBN)

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Telecom:

Dish Wireless Bankruptcy Case on Two-Week Pause for Negotiations
(DBN)

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Celebs:

Judge asks about 'missing' video in Shilo Sanders' bankruptcy case, plaintiff blames Deion“$900 a Night”: Deion Sanders’ Son Shilo Stays at One of Denver’s “Most Expensive” Airbnbs Amid Bankruptcy TrialShilo Sanders’ $11.89M bankruptcy trial takes unexpected turn as key testimony comes under scrutiny
(DBN)

Anne Heche's Oldest Son Says Mom's Estate Still Insolvent
(DBN)

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Autos:

Tesla Investors Disturbed by Cybercab’s Obvious Lack of Progress
(DBN)

Auto Loan Approvals Rise Ahead of Fed Rate Decision, but Risk Metrics Remain Elevated
(DBN)

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Youth Sports:

Entire California high school football team suddenly suspended as disturbing claims emerge
(DBN)

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Entertainment:

Paramount leaving California could mean up to $21 billion in lost annual economic output, leaked study finds
(DBN)

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Sports:

PGA Tour Has No Plans to Welcome Back LIV Golf Players, CEO Says Mickelson’s Hidden Stake Vanishes in LIV Bankruptcy FilingAs LIV Golf seeks to stay alive, Jon Rahm says he's learned a lessonJon Rahm noncommittal on LIV 2.0, sees 'opportunity' for DP World Tour Top golfers to get no favors for PGA Tour return after LIV bankruptcyFor potential LIV returnees, PGA Tour CEO identifies 3 keys for path back‘There’s a Rat in There’: LIV Golf Star Calls Out Mystery Leaker in Private Player Group Chat$35 Billion Wasted: Even Wealthy Middle East Tycoons Face Devastating Major Setbacks
(DBN)

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Agribusiness:

Lawsuits by VeroBlue dismissed by judge in recent ruling
(DBN)

Wisconsin farm bankruptcies are on the rise again
(DBN)

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Economy:

Wall Street confronts prospect of a new era after Treasury yield hits 5%Treasury Yields Above 5.25% Change Everything
(DBN)

As 10-year Treasury yield hits 5%, debt hawks are eyeing a national debt spiral: 'If this isn't a wake-up call, I don't know what will be'
(DBN)

Scott Bessent’s wobbly house
(DBN)

Beaten-up bond market may be reaching ‘escape velocity.’ Here’s what that means
(DBN)

Manufacturing slows from four-year high as prices rise: NY Fed survey
(DBN)

Iran war driving up inflation for Americans, CBO report says
(DBN)

Fed should defy Donald Trump with rate rise, top economists say
(DBN)

Bond market's 'extreme' short counts on Fed to deliver rate hike
(DBN)

US Canada Relations Reveal the Dangers of Unconstrained Presidential Power
(DBN)

Why Working From Home May Be Much Worse For Your Health
(DBN)

The four horsemen of the apocalypse are coming for the global economy
(DBN)

Amazon Has Become Pathetically Reliant on Food Stamps to Power Its Empire
(DBN)

The American dream isn’t what you think it is
(DBN)

Cassidy warns time running out to fix Social Security
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

High mortgage rates to keep US housing market revival elusive: Reuters poll30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market
(DBN)

The 10 most overvalued housing markets in America
(DBN)

Arizona man loses $475K home over $977 HOA debt
(DBN)

Adelaide Pointe developer to add mixed-use building to bankruptcy case
(DBN)

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Oil/Gas:

Oil’s safety net is fraying as Saudi Arabia races to restart a key pipeline
(DBN)

Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure
(DBN)

Russia Considers Prolonging Diesel Export Restrictions to October
(DBN)

Elizabeth Warren blasts Trump for making millions on his oil holdings as Iran war drags on — and Americans pay the price at the pumps
(DBN)

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Politics:

Tracking approval and key issuesDemocrats Gain Midterms Edge as Trump Drags Down Republicans, Per Times/Siena Poll
(DBN)

Trump Has Lost Contact With Reality
(DBN)

Trump says Kennedy Center will stay closed unless his name is added backKennedy Center Can’t Recognize Trump on Building, Judge SaysKennedy Center board votes to closeRFK Jr.’s Sister Rips Trump Over Kennedy Center Shutdown in Fiery InterviewJFK’s Nieces Sound Alarm on Trump’s Kennedy Center Plot
(DBN)

Trump can't stop backing stuff Americans hate
(DBN)

‘You’re Elected to Fight and Kill the Other Side’: How Congress Lost Its Way
(DBN)

Trump’s $5,000 dividend falls flat with GOP senatorsBessent Claims Trump’s $5K Checks Won’t Add to the Debt
(DBN)

Republicans are concerned about Kansas ahead of November's elections
(DBN)

In tight House races, suspicions swirl around third-party candidates
(DBN)

Trump Made 29,000 Securities Trades, More Than All of Congress
(DBN)

Could a Progressive Democrat Really Become Governor of Texas?
(DBN)

WSJ catches GOP senator quietly begging Trump for the tariff break she publicly praised
(DBN)

The Latest Right-Wing Revolt Against Markwayne Mullin Is the Wildest Yet
(DBN)

Republicans face death threats for condemning nominee's racist rant: reportUT students in Bo French photo call out GOP nomineeTrump melts down after Karl Rove's shock defectionConcerns about bigotry in GOP ranks come roaring back with a Texas candidate’s new racist posts'Profoundly unhelpful': Texas Republicans worry Bo French’s xenophobic posts make a tough year worseThe anti-American Right
(DBN)

National security concerns stir as Trump’s Arctic pick alarms experts
(DBN)

Rep. Thomas Massie moves to impeach Pete Hegseth over Iran war, will force House vote on resolution
(DBN)

The Census Bureau Is Overrun With Staffers From a MAGA Think Tank
(DBN)

Trump Plans for Signs Outside Smithsonian to ‘Publicly Shame’ Museum Leadership
(DBN)

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Healthcare:

Alabama hospital emerges from bankruptcy Jackson Hospital shifts focus to growth after emerging from bankruptcy
(DBN)

The Medicare Advantage 'quagmire' facing hospitals
(DBN)

Hospital margins drop to 1.4% as bad debt, charity care soar
(DBN)

Where family health insurance deductibles are highest, lowest
(DBN)

Cassidy rips RFK Jr. on vaccines: ‘This is not making America healthy again’
(DBN)

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Retailing:

49-year-old Christmas retailer files Chapter 11 bankruptcy
(DBN)

Michaels stocks up on products from bankrupt rival
(DBN)

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Crypto:

Crypto industry’s top legislative priority implodes
(DBN)

US prosecutors say Chinese groups used Binance to launder $61mn from Iranian oil deals
(DBN)

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Education:

Gen Z thinks becoming a tradesperson can get them to a $100k salary quicker than college
(DBN)

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Media:

Refurbished '60 Minutes' Drops to 25-Year Low in Ratings
(DBN)

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Climate:

EPA Will Let Power Companies Unleash Unlimited Greenhouse Gas Pollution
(DBN)

A hotter planet meets dearer money
(DBN)

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Mining:

Small Hesperia firm identified as buyer of Trona mining operation in bankruptcy
(DBN)

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Digital Media:

Getty Images mulls potential bankruptcy filing, working with A&M
(DBN)

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Fraud:

Legal Firm Accused of Aiding $230 Million Ponzi Scheme Sparks Debate on Ethical Obligations
(DBN)

FBI drops probe of Austin's StoryBuilt after DOJ declines prosecution
(DBN)

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Religion:

Diocese of Fresno retirement accounts frozen, leaving retirees in limbo
(DBN)

Immigration is splitting the Catholic Church
(DBN)

Is a Catholic revival happening on college campuses? Some experts are skeptical
(DBN)

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  New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (44 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

The Forgotten Generation Is Broke: 50% of All New Bankruptcies Are 40-59 Year Olds
(DBN)

The Law of Debtholder Capitalism
(DBN)

Bankruptcy's Guardian Gaps
(DBN)

The Federal Corporate Law of Bankruptcy
(DBN)

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Estoppel:

Applying U.S. Supreme Court’s Judicial Estoppel Opinions (Gaines v. Halliburton)
(DBN)

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Bankruptcy Research:

Cleared For Takeoff: CEO Attributes And The Successful Exit From Corporate Bankruptcy
(DBN)

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Trustees:

Funds Available for Additional Chapter 7 Trustee Payments for FY 2025 Cases
(DBN)

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Aviation:

Google’s Spirit Air AI Data Bid Reveals Worker Protection Void
(DBN)

US court accepts airBaltic Chapter 11 filing, Latvian prime minister saysIran war triggers AirBaltic crisis, CEO says bankruptcy filed, layoff talks underway
(DBN)

BAJit private jet broker OneFlight is pausing flights for 30 days
(DBN)

American Airlines' new basic economy rules even punish its top-tier frequent flyers
(DBN)

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Food/Beverage:

Moon Dancer Winery files Chapter 11 bankruptcy after closing
(DBN)

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Military:

US strips millions in military aid from Europe and Mideast to back Trump-aligned nations in Americas
(DBN)

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Tax:

California’s audacious plan to tax its billionaires
(DBN)

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Tech:

Congress Has Plenty of Ideas to Regulate A.I. Nearly All Are Stalled.
(DBN)

Carlyle Group's Jason Thomas warns AI financing mirrors pre-crisis mortgages
(DBN)

Musk urges top AI labs, Chinese companies to test each other’s models amid calls for slowdown
(DBN)

Political and business leaders back AI
(DBN)

Lawmakers scramble to catch-up on AI 
(DBN)

CFOs brace for higher AI costs through 2027
(DBN)

OpenAI weighs funding round at $1.2tn valuation before IPO
(DBN)

Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
(DBN)

Trump admin. says private sector can solve AI threats as critics balk
(DBN)

Will AI really destroy humanity? Pioneers who created the tech weigh in
(DBN)

ChatGPT Straight Up Tries to Gaslight User After Being Confronted About Its Obviously Wrong Answer
(DBN)

AI Agents Are Using an Outrageous Amount of Electricity
(DBN)

Anthropic Boasts It Would Be Profitable if You Ignore How Much It Costs to Develop AI
(DBN)

Krugman: Why Is Trump Still Boosting AI?
(DBN)

The US and China are hurtling toward Kissinger’s worst AI nightmare
(DBN)

New AI editing tool CreatorAPI lets influencers ‘scale themselves like software’
(DBN)

As the world debates the risks of AI, China closes the technology gap with the US
(DBN)

Greg Abbott orders new water penalties against Texas data centers
(DBN)

These Robot Soldiers Are Getting Downright Terrifying
(DBN)

EU to restrict social media and chatbots for children under 15
(DBN)

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UK:

Creditplus ceases trading as finance broker's parent company calls in insolvency specialists
(DBN)

Medway Council faces 'challenging' £82m budget shortfall
(DBN)

Is bankrupt competitions boss behind new scheme?
(DBN)

A top London lawyer wants to create ‘the California of Europe’ in the Algarve
(DBN)

UK inflation jumps to 3.1% as energy costs soar
(DBN)

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Canada:

Atwill-Morin acquires Brook Restoration assets after $27.8-million default triggers insolvency
(DBN)

Home Sales in Canada Decline as Trade War With the US Escalates
(DBN)

Canada invited to become EU’s first ‘associate member’ as Trump trade war intensifiesEU rebuffs Mark Carney’s ‘unique alliance’ with Canada
(DBN)

____________

South Korea:

Two Leading Robotics Companies Face Critical Bankruptcy Crossroads
(DBN)

Credit Guarantee Fund Pays 121 Billion Won for Failed Builders
(DBN)

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Offshore:

When Offshore Structures Meet Onshore Distress: The Growing Role of Data, Forensics and Restructuring Expertise in APAC
(DBN)

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Hong Kong:

Solvent Liquidations Given the Green Light for Recognition and Assistance in Hong Kong in Re Forever Winner
(DBN)

____________

MENA:

Iranian strikes have damaged hundreds of structures at US bases, watchdog says
(DBN)

A spreading war threatens Trump and MBSIsrael and Saudi Arabia discuss intelligence aid amid growing Houthi attacksSaudi Arabia: Satellite image reveals major damage that shut crucial oil pipeline Houthi rebels tighten grip on key shipping route & seize two crucial Red Sea islands sparking fears of oil supply crisisHouthis move in on world's largest oil facility in 'very concerning' developmentHow the Houthis' attacks on Saudi Arabia dramatically increase oil supply riskIran is trying to break Trump’s stranglehold by hitting him where it hurtsSaudi, Egypt demand open Red Sea as Riyadh vows response to Houthi attacksHouthi attack reaches Mecca for first time as Yemen war escalatesSaudi Oil Crisis Deepens as Aramco Suspends Yanbu Loadings
(DBN)

Iran war has cost on average $246 million per day in its first five months, CBO findsPentagon tells Congress Iran war cost at least $42B
(DBN)

UN: Thousands of bodies recovered from rubble of Gaza may be 'tip of the iceberg'
(DBN)

____________

Australia:

KPMG Australia Scandal Shows Misconduct Rules Need Strengthening
(DBN)

Failed options platform Volatility defends asset shift after creditors left with $43
(DBN)

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China:

China’s weak economic figures stoke calls for fiscal stimulus
(DBN)

____________

India:

Experts Warn IBBI's Proposals for Personal Guarantors May Need IBC Amendments, ETCFO
(DBN)

Chase insolvency cases with large 'haircuts', ED chief tells officers
(DBN)

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