January 5, 2026

The Daily Bankruptcy News

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Law:

Trump’s Battle With Big Law Firms Heads Into 2026: What to Know
(DBN)

Year-End Bonuses Are Uncommon At Some Law Firms
(DBN)

Quinn Emanuel Partners Join Rare Club With $9 Million Payouts
(DBN)

Charging Forward: April Dawson is preparing her students to use AI to help them practice law
(DBN)

In-House Legal Teams Brace for AI-Fueled Transformation in 2026
(DBN)

Why AI Disruption Is the Best Thing That Could Happen to Lawyers
(DBN)

Building Blocks: Keith Porcaro teaches his students about tech by breaking it down
(DBN)

California Enacts New Law Banning Fee-Sharing with Nonattorney-Owned Law Firms, Paving Way for Legal Sector Reforms
(DBN)

Law Schools Beyond the T14 Dominate ROI Rankings
(DBN)

JPMorgan says Javice firms billed millions just for ‘attendance’
(DBN)

Don’t ‘Kill the Lawyers’ in 2026—They’re Fighting for Justice
(DBN)

Law School Student Groups Ask ABA to Review Accelerated Associate Recruiting Timelines
(DBN)

Best Of ’25: Kim Kardashian Turns Failing The Bar Exam Into An Inspiring Comeback Story
(DBN)

Florida Supreme Court Rejects AG's Idea to Waive Bar Exam for Government Attorneys
(DBN)

DHS hypes worksite enforcement as fraud allegations rip through MinnesotaSwalwell says he’ll strip driver’s licenses from ICE officers who wear masks if governorICE Drives Unmarked Cars. This Public Database Tracks Their License Plates.ICE Plans to Descend on PhoenixDonald Trump Suffers Another Legal Blow Over Deported Migrant
(DBN)

Trump’s Venezuela Legal Defense Rests on Youngstown ‘Gloss’ Idea US legal case against Maduro to test limits of presidential powerTrump Administration Invokes Youngstown Case in Defense of Venezuela Policy
(DBN)

FBI says it foiled a terrorist attack planned in North Carolina on New Year's Eve
(DBN)

A top DoJ official trained Pam Bondi on ethics rules in the department. Then he was fired
(DBN)

Indiana H.S. softball coach orchestrated murder of ex-fiancé with the help of former player, says prosecutor
(DBN)

Former Uvalde CISD officer Adrian Gonzalez faces trial as jury selection begins in Corpus
(DBN)

Brother went from business partner to murder suspect accused of killing 4 and torching 2 houses
(DBN)

Why an Alleged Serial Killer’s Body Is Being Dug Up From Grave
(DBN)

Postal worker tried to 'run over' 10-year-old boy he thought was a 'porch pirate': Cops
(DBN)

Boyfriend's fight with 'toxic' girlfriend at Taco Bell nearly turns deadly: Police
(DBN)

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Judges:

The Supreme Court cases that could shape 2026
(DBN)

Appeals court strikes down California’s open carry ban for most of state
(DBN)

Defiant 98-year-old judge takes fight to Supreme Court after mental fitness suspension
(DBN)

Court Rules Trump Administration Must Fund CFPBUS Judge Rejects Trump Administration's Effort to Defund CFPB Under 'Novel' Interpretation of Dodd-Frank
(DBN)

Judging Judges: Aliza Shatzman brings more accountability to judicial clerkships
(DBN)

Convicted Wisconsin Judge Hannah Dugan Resigns From Bench
(DBN)

The Complex Impact of Judge Shopping on Federal Court Fairness and Efficiency
(DBN)

Courts Take Center Stage in Shaping AI Accountability as Regulation Debate Continues
(DBN)

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Wall Street:

 

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Layoffs:

Charted: The sharp decline in federal employment
(DBN)

US Industries That Have Suffered Worst Job Losses
(DBN)

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Autos:

Tesla sales fall to lowest point since 2022 after Elon Musk backlash
(DBN)

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Tech:

2026 is AI's "show me the money" year
(DBN)

AI Debt Spree Is Fueling a Credit Trading FrenzyThe AI debt boom does not augur well for investors
(DBN)

AI spending, private credit growth fuel trading frenzy
(DBN)

Elon Musk's Grok under fire for generating explicit AI images of minors
(DBN)

Trump blocks chipmaker merger, citing national security risk
(DBN)

Google AI Overviews put people at risk of harm with misleading health advice
(DBN)

Amazon Alexa users are baffled by the smart assistant's new voice - as one claims 'it sounds like I'm talking to a teenage girl'
(DBN)

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Personal Finance:

Parents Are Going Broke From Their Kids’ Sushi Obsession
(DBN)

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Celebs:

Drake accused of using an online gambling platform to inflate play counts of his music
(DBN)

Lenny Dykstra Faces Charges After Police Find Drugs During Traffic Stop
(DBN)

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Retailing:

Inside Saks Fifth Avenue's fight for its life: How a tumultuous 12 months left the retailer on the brink of bankruptcy Saks CEO steps down ahead of expected bankruptcy filingSaks Global announces new CEO as it reportedly prepares for bankruptcySaks Battles Bankruptcy: A Year of Crisis Comes to a Head Saks in Talks for $1 Billion Bankruptcy Loan to Keep Doors Open Saks owner races to raise $1B in financing as CEO steps down, possible bankruptcy looms: sourcesSaks in talks for $1B loan to stay in business if it files for bankruptcy - reportLuxury Giant in Freefall: Saks 'Desperate' to Lock Down $1B Financing After Skipping Huge Debt Payment
(DBN)

NYC Wegmans is storing biometric data on shoppers' eyes, voices and faces
(DBN)

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Food/Beverage:

Dallas-Based M Crowd Restaurant Group Acquires Bankrupt Razzoo's Cajun Cafe, Closes Nine Locations Amid Revitalization Efforts
(DBN)

Why is Sprinkles Cupcakes Closing? TikTok Critics Focus Their Ire on Private Equity as Beloved Bakery Folds
(DBN)

Ohio distillery goes bankrupt owing $3.35m
(DBN)

Wilder Whiskey files to liquidate assets
(DBN)

An aversion to alcohol is moving the global party scene in an unexpected direction
(DBN)

America Is Falling Out of Love With Pizza
(DBN)

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Mail:

First country in the world ends its postal service after 401 years following 90% decline in letters
(DBN)

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Economy:

Trump says the job market is booming for US.-born. The data doesn’t show it.
(DBN)

Trump: Losing ability to issue tariffs would be ‘terrible blow’ to US national security
(DBN)

US to extend productivity lead on back of AI boom, say economists
(DBN)

15 Scenarios That Could Stun the World in 2026
(DBN)

Americans Looking to the Midwest to Find Affordability
(DBN)

Simulation or Not, Musk’s Surreal Year Could Push Him to $1 Trillion Heights
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

NYC Foreclosure Auctions Rise as Displacement Fears Grow
(DBN)

Mortgage rates hit 2025 low as homebuyers catch a break
(DBN)

Con contractor couple left over 40 Texas clients with unfinished, unsafe homes in nearly $5M fraud scheme
(DBN)

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Municipalities:

Is It Ethical For Chicago To Use Private Debt Collectors?
(DBN)

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Oil/Gas:

Oil prices swing after Trump's Venezuela raid as investors eye global supply
(DBN)

Ex-Chevron executive seeks $2bn for Venezuelan oil projects
(DBN)

Trump’s Venezuela oil revival plan is a US$100 billion gamble
(DBN)

Donald Trump’s great Venezuelan oil gamble
(DBN)

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Autos:

Tricolor's $1 billion Chapter 7 bankruptcy makes auto loans harder
(DBN)

BYD overtakes Tesla as China reshapes the global EV race
(DBN)

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Healthcare:

New York reports record-breaking number of flu hospitalizations in single week
(DBN)

US on verge of losing measles elimination status as outbreak surges in South Carolina
(DBN)

It’s the ‘gold standard’ for autism care. States are moving to limit it
(DBN)

Prospect to pay Vernon nearly $1M for tax debts as Hartford HealthCare takes over at Rockville General Hospital
(DBN)

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Politics:

Trump's wealth grew in 2025, but his investors took lumpsTrump's net worth doubles in one year... as he plays for richest presidency in history
(DBN)

Trump insults Pritzker with AI-generated social media post
(DBN)

The Trump Shadow: Could Donald Jr run in 2028 and keep Trump ‘in power’?
(DBN)

Steve Bannon Compares Trump to Hillary Clinton in Stunning Attack
(DBN)

Greene: Trump threatening troops in Iran ‘everything we voted against in ’24’
(DBN)

Trump’s Iran threat angers ‘America First’ wing; Tehran hawks question tactics
(DBN)

Melania Trump threatens Mar-a-Lago members with 'ban' after invading Barron's privacy
(DBN)

Marble, ice sculptures and optics: Trump’s remote presidency draws scrutiny
(DBN)

Stephen Schwartz Criticizes Kennedy Center, Saying He Won’t Host Gala
(DBN)

Trump enacted dozens of Project 2025 goals. Here's what's left
(DBN)

5 takeaways from Mamdani’s start as NYC mayor NYC's new mayor moves fast to squeeze landlords via bankruptcy How Mamdani can bring rents down — with a blueprint that really works Full List of Mamdani Executive Orders Signed on Day 1 as NYC Mayor Mamdani wants to change the tax code. Here’s what that could look like.Curtis Sliwa defends Mamdani, chalks up Trump ‘love-fest’ to them both being ‘actors’NYC Mayor Zohran Mamdani reverses antisemitism order defining anti-Zionism as hateIsrael accuses mayor of antisemitism on Day OneChants of ‘Tax the Rich’ Fuel a Brooklyn Rave for Mayor Mamdani
(DBN)

GOP lawmakers, frustrated with dysfunctional Congress, head for the exits McCarthy says lawmakers heading for the door because ‘nothing is happening’
(DBN)

New York Times Deep Dive Alleges Pete Hegseth Donned Makeup for Ukraine Photo Op — Then Ignored Counterpart
(DBN)

Trump Risks Totally Blowing Up MAGA With Shock New InvasionTulsi Gabbard’s 2019 warning that Venezuela strike would be disastrous goes viralWhat happened to America First, asks US, as Trump strikes Venezuela Marjorie Taylor Greene joins AOC and Democrats in slamming Trump’s Venezuela operation: ‘Boy were we wrong’"It looks weak": Dems fume at their party's response to Maduro capture Furious Dems float retaliation over Trump's "insane" Venezuela attack Marco Rubio's Venezuela momentTrump's isolationism meets his Venezuela exceptionJD Vance skips Trump’s Venezuela spotlight, but aide says he was ‘deeply involved’ behind the scenesRubio takes on most challenging role yet: Viceroy of VenezuelaTrump brings American interventionism roaring back After capturing Maduro, Trump hints at military action in Cuba, Mexico and Colombia
(DBN)

Key Epstein Deadline Arrives as Attention Turns to Venezuela
(DBN)

GOP increasingly the party of ‘white Christians’ as Democrats quickly become less religious
(DBN)

Minnesota department finds child care centers targeted in viral video operating normallyRight-wing influencers descend on day care centers across the U.S. after Minnesota fraud claims
(DBN)

MAGA’s Favorite ‘Journalist’ Busted Paying to Fake ‘News’
(DBN)

Smells Like Mean Spirit: Fox News Veterans Duke It Out Amidst MAGA Meltdown
(DBN)

Map of Greenland Under US Flag Sparks Danish Ambassador Response
(DBN)

Ambassador Kimberly Guilfoyle, the Talk of Athens
(DBN)

Staten Island residents discuss plans to secede from New York City amid outrage in deep-red borough over new socialist mayor
(DBN)

Trump books aren’t selling anymore
(DBN)

Denmark tells Trump to stop threatening to seize Greenland
(DBN)

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Motorcycles:

Huge BMW, Triumph motorcycle dealership group files Chapter 11 bankruptcy
(DBN)

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SCOTUS:

Birthright Citizenship Tops Supreme Court Cases to Watch in 2026
(DBN)

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Solar:

Nofar USA wins bid to acquire solar assets of bankrupt Pine Gate Renewables
(DBN)

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Ride Hailing:

Teen Uber rider kills driver who was 'out trying to make extra money for his family': Cops
(DBN)

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Banking:

FDIC investigating board members of failed Republic First Bancorp, shareholder lawyers allege in filing
(DBN)

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Entertainment:

Village Roadshow’s Hollywood dream ends at the hands of Matrix reboot
(DBN)

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  New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Worrying update on mom-and-pop bankruptcies shows recession has begun
(DBN)

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Litigation:

Pre-Bankruptcy Disclosure Failures: Examining Emerging Securities Litigation Trends Through the Party City Executive Liability Case
(DBN)

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Litigation Finance:

Four Big Questions for the Litigation Finance Industry in 2026
(DBN)

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Wind Energy:

Donald Trump’s ‘Eagles Going Down’ Post Has One Problem
(DBN)

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Metals:

EU recycling backfires as Chinese buyers snap up aluminium scrap
(DBN)

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UK:

HSBC files bankruptcy petitions against senior members of Barclay family
(DBN)

Bridgepoint agrees to buy former KPMG restructuring unit at £800mn valuationKPMG spin-out Interpath Advisory makes third loss in four years
(DBN)

How to build insolvency resilience
(DBN)

Man Utd star who won 5 Premier League titles blew entire fortune and was declared bankrupt
(DBN)

Bankruptcy order for Warwick man who repeatedly avoided council tax with 'freeman of the land' argument
(DBN)

Buy now, pay never: the UK’s late payment crisis bankrupting startups
(DBN)

Taxes will need to rise before next UK election, economists predict
(DBN)

It does not pay to work in Britain
(DBN)

‘I fear living in a tent’: Supported housing closures risk homelessness surge
(DBN)

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EU:

EU readies tougher tech enforcement in 2026 as Trump warns of retaliation
(DBN)

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Ireland:

Irish insolvency levels hold steady despite economic headwinds
(DBN)

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MENA:

Iran protests sparked by failing economy turn deadlyPowerful image of lone Iranian protester in front of security forces draws parallels to Tiananmen Square ‘Tank Man’Growing Iran protests rattle leaders as Trump threatens to interveneIntentionally or not, the US's capture of Maduro is a threat to Iran's regime Iran’s Calculations Are Scrambled by U.S. Raid in Caracas
(DBN)

Iran warns 'all US bases and forces in the entire region' will be 'legitimate targets' after Trump vowed to protect anti-regime protesters
(DBN)

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Russia:

Top Democrat calls on Trump to expand oil tanker seizures to target Russia
(DBN)

Moment Russian soldier holds sign pleading to be taken prisoner by Ukrainian forces in shock vid
(DBN)

Vid reveals how Putin was duped into paying Ukraine $500k bounty as footage shows drone flying straight at foe commander
(DBN)

Putin accused of staging NYE address with AI as tie ‘changes color’ & viewers notice eerie similarity to last year
(DBN)

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Venezuela:

Venezuelan officials condemn Maduro's capture, calling it a "kidnapping" Maduro Accused of 25 Years of Narco-Terrorism Crimes by DOJMaduro vs. the Donroe DoctrineConfusion reigns in Caracas after Maduro’s capture by US forcesWhy the U.S. went after MaduroDonald Trump’s reckless intervention in Venezuela Someone made a huge profit predicting Maduro's capture. Here's what happened News organizations held off on reporting Venezuela raid America's top general offers enthralling minute-by-minute account of how US captured Maduro in dead of night with 150 aircraft on standby for weeks waiting for perfect moment to strike Maduro indicted on federal drug-trafficking and weapons charges What legal experts say about the case against Maduro Maduro and his wife arrive in New York to face narco-terrorism charges Inside Operation Absolute Resolve, the U.S. Incursion That Deposed Venezuela’s MaduroA CIA team, steel doors and a fateful phone call: How the U.S. captured Maduro in VenezuelaSecretary of State Marco Rubio says U.S. capture of Maduro is not a war against VenezuelaMaduro's brazen gestures to onlookers as he arrives at rat-infested 'hell hole' prison in BrooklynTrump says US 'will run' Venezuela until 'safe' transitionTrump plans to ‘run’ Venezuela. What now? Rubio Lays Out US Conditions for Dealing With Venezuela’s New Leadership Venezuela's new leader Delcy Rodriguez is hardline socialist who kept Maduro in power for years... and she's already making threats against Trump The woman with Donald Trump’s nod to lead Venezuela ‘We will not be anyone’s colony’: Venezuela’s government seeks to reassert control Donald Trump wants to run Venezuela, and dominate the western hemisphereThe many risks to Donald Trump’s plans to “run” VenezuelaVenezuelan Acting President Blames “Zionists” For Maduro’s Capture Elections would be 'premature at this point,' Rubio says Donald Trump warns Venezuelan rulers as Washington prepares to dictate policy Trump Rolls the Dice on Nation-Building With Vow to ‘Run’ Venezuela A new Trump foreign policy doctrine emphasizes threats of regime change Pete Hegseth: "President Trump sets the terms" on running Venezuela Trump Rules Out Venezuela’s Opposition Leader Machado Taking PowerTrump Says US to Be ‘Strongly Involved’ in Venezuela Oil IndustryVenezuela's VP throws cold water on Trump's solution for running the country Pete Hegseth says U.S. intervention in Venezuela is "exact opposite" of IraqTrump's plan to seize and revitalize Venezuela's oil industry faces major hurdlesU.S. seeks to tap Venezuela's vast oil reserves after military strikes. Here's what to know. Venezuela Accuses US Of Bombing Residential AreasChaos in Caracas: Supporters of captured Nicolas Maduro take to the streets to decry 'absurd' raid in protests Global reaction to U.S. strikes on Venezuela includes condemnation, concern for foreign nationalsWorld leaders denounce U.S. operation to capture Maduro EU deference to Trump contorts response to brazen Venezuela attack U.S. lawmakers react after Trump announces Venezuela operation, Maduro arrestU.S. allies and foes fear Maduro's capture sets precedent for more American interventionTrump’s Venezuela Moves Could Further Reshape Global Order. Here’s How.Pope calls for Venezuela to remain independent countryVenezuelans in Miami celebrate capture of Nicolás MaduroAfter Maduro’s capture, Venezuelans in South Florida dream of going home
(DBN)

Sanctioned Oil Tankers Flee Venezuela in Defiance of U.S. Blockade
(DBN)

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Switzerland:

New NYE bar fire video shows revellers party as flames spread not realizing scale of horror – as officials confirm causeSwiss bar fire was like 'hell': Survivors recount ski resort blazeOwners of Swiss nightclub that burst into flames, killing at least 40, during New Year’s bash speak out over tragedy
(DBN)

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China:

China Social Media Hails US Maduro Move as a Taiwan Template
(DBN)

China taxes condoms, contraceptive drugs in bid to spur birth rate
(DBN)

Inside US Plans To Reopen WWII Air Bases for War With China
(DBN)

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Cuba:

Marco Rubio issues huge warning to Cuba after Maduro capture: 'They're in a lot of trouble'
(DBN)

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Colombia:

Donald Trump threatens to remove 'sick' Colombia president in second operation
(DBN)

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India:

Resolution Below Liquidation Value: Commercial Wisdom or Legal Time Bomb?
(DBN)

Personal Guarantor's Failure To Submit Repayment Plan Leads To Bankruptcy: NCLT Hyderabad
(DBN)

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