August 28, 2026

The Daily Bankruptcy News

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Law:

Biglaw’s Talent Wars Bring Signing Bonuses Back Into Style
(DBN)

US Law Firm Revenue Jumps 12.4% in First Half of 2026 as AI Work Drives Demand
(DBN)

Bain Partner’s Legal AI Strategy: Buy Everything But Big Law
(DBN)

In Latest Slate of AI Partnerships, Law Firms Claim Benefits of Early Access and Collaboration
(DBN)

Womble Strengthens Restructuring Practice in Wilmington
(DBN)

Proposed $250M DOJ penalty leaves KKR saying investors untouched, outside law firms will reimburse entire amount
(DBN)

Win insolvency lawyer’s very (very) NSFW erotic book
(DBN)

Associate Says His Firm ‘Moved The Goalposts’ To Partner After His Heart Attack
(DBN)

ABA Legal Ed council extends test-optional admissions variance
(DBN)

Biglaw Is Riding The AI Boom To A Record First Half… If Only They Can Collect On It
(DBN)

AI Will Not Reshape Law Firms and In-House Teams the Same Way
(DBN)

Anthropic's general counsel announces new role as 'international special envoy'
(DBN)

Proskauer associate upset at firm's 'cheap' maternity pay policy
(DBN)

The Cost of AI Usage: Time To Throw In The Unrestrained Towel 
(DBN)

What A Torn Rotator Cuff Can Teach Us About Legal Business Development
(DBN)

ICE Arrests Soar as People With No Criminal Record Are Increasingly TargetedTrump admin redacted 'legal justification' for entering homes without warrant, docs showICE agent charged in shooting of immigrant in Minneapolis released from Texas jailThe Unwelcoming States of America
(DBN)

Pirro's special grand jury probing DC schools, city oversight of youth
(DBN)

Trump admin set to target George Soros nonprofit in tax crackdown
(DBN)

Police raid home of Congresswoman Ilhan Omar's son as guns and ammunition are seized
(DBN)

Jury deliberations begin in Lindsay Clancy murder trial after her attorney blames medical systemCould Lindsay Clancy go free? Her potential fates revealed
(DBN)

Jerry Sandusky accuser to recant testimony against convicted child sex abuser and ex-Penn State football coach
(DBN)

Crew who staged NYC car crashes for insurance fraud scheme heading to prison thanks to viral video: DA
(DBN)

Social media influencers Andrew and Tristan Tate in court in extradition battleTate brothers whine about not being handed enough snacks in pathetic hand-scrawled note from jail
(DBN)

They confided in ChatGPT. Their secrets ended up in court.
(DBN)

Grand jury finds DeSantis administration "misappropriated" $10 million in taxpayer money to Hope Florida
(DBN)

Jes Staley told Congress it was ‘incredible’ Epstein’s abuse continued after jail
(DBN)

Judge approves Bank of America’s $72 million settlement with Epstein victims
(DBN)

States sue Trump admin over anti-DEI funding conditions on family planning programs
(DBN)

Trial date set for alleged Sept. 11 mastermind Khalid Sheikh Mohammed
(DBN)

Missing Missouri deputy attorney general found alive 6 days after vanishing in Wyoming wilderness
(DBN)

Woman shopping at Dollar Tree stabbed by man who grabbed a knife off the shelves: Police
(DBN)

Police Chief Brags That His Officers Have Been Using Electro-Shock Gloves for Years
(DBN)

Police Use Surveillance Cameras to Narc On Guy Who Found $30 on the Ground
(DBN)

Girl, 8, standing in grandma's kitchen shot dead by man aiming for his ex-girlfriend
(DBN)

Police captain left toddler in locked vehicle while fishing with partner: cops
(DBN)

Toddler girl dies in hot car while 74-year-old grandma takes 90-minute nap inside: Cops
(DBN)

Jed York booted from Silicon Valley board after humiliating trailer park bust
(DBN)

Woman shoots baby in the face so his dad would 'never be a part of his child's life'
(DBN)

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Judges:

BK NV: The Bankruptcy Bugle Newsletter (August 2026)
(DBN)

The Supreme Court That Won’t Look: In decision after decision, the conservative justices are ignoring facts that the lower courts have worked hard to establishWho Finds the Facts?
(DBN)

Defense attorney jailed on contempt charges after allegedly calling judge 'the Grinch'
(DBN)

Judge rules Trump administration illegally punished AI firm Anthropic
(DBN)

Louisiana teacher asks Supreme Court to stop Ten Commandments displays in classrooms
(DBN)

Justice Thomas recalls why he wasn't friends with Alito in law school: 'Clarence, you were scary'
(DBN)

Judge declines DOJ's 'conclusory' request to dismiss Steve Bannon's contempt conviction
(DBN)

It ends with $407K in Blake Lively’s $8M litigation fee request as judge cites 'blunderbuss approach'
(DBN)

Several people arrested, accused of ransacking California cemetery
(DBN)

Judge should be removed for refusing mask, suing medical worker who complained, panel finds
(DBN)

Judge temporarily blocks new Postal Service rules for mail voting
(DBN)

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Wall Street:

US Stocks, Bonds Drift With Focus on Jackson Hole
(DBN)

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Layoffs:

Is AI making workers more vulnerable?
(DBN)

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Theme Parks:

Beluga whale dies at Chicago aquarium days after coming from Canada park in rescue effort
(DBN)

Six Flags Coaster Closed After Two Riders Suffer Brain Hemorrhages
(DBN)

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Climate:

West Point’s only climate scientist fired after continuing to teach human causes of climate change: Adam Kalkstein compared administration’s order to trying to teach the law without mentioning the constitution
(DBN)

El Niño climate patterns supercharged by burning of fossil fuels, study finds
(DBN)

Deadly flood a brutal reminder of growing Himalayan hazards
(DBN)

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Tobacco:

Big Tobacco turns to more potent nicotine pouches in battle for US
(DBN)

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Finance:

Gov’t to write off long-overdue debts of COVID-hit small businesses
(DBN)

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Non-Profits:

Longtime Utah homeless cleanup nonprofit on brink of bankruptcy, issues ‘urgent’ call for help
(DBN)

Former Newcap CEO launches consulting firm as state audits agency
(DBN)

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Fraud:

State government official charged with pandemic benefit fraud, money laundering
(DBN)


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Water:

Houston to begin water shutoffs for thousands of delinquent customers
(DBN)

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Solar:

Some solar customers left in limbo after Freedom Forever bankruptcy
(DBN)

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Biotech:

Biopharma firm BioXcel Therapeutics files for bankruptcy in US
(DBN)

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Insurance:

The Mark Walter financial mess, explained for Dodgers fans without offshore accounts
(DBN)

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Environmental:

Bankruptcy judge rejects CARB’s bid to protect $76.3 million claim against desert mining company
(DBN)

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Economy:

US corporate profits surge to record as worker payouts wilt
(DBN)

The US consumer is showing some strain
(DBN)

Fed’s Schmid Says Interest-Rate Policy Not Restrictive for US Economy
(DBN)

BofA’s Hartnett Sees Warsh on Yield Tightrope at Jackson HoleFed Officials Split on Inflation Outlook Ahead of Warsh’s Jackson Hole SpeechFed’s Jackson Hole Symposium Opens With Focus on Financial Innovation
(DBN)

Don’t draw the wrong conclusion from Treasury yields
(DBN)

Economists Who Weren’t Worried About the Debt Are Now Panicking
(DBN)

In Trump’s Washington, Ballooning National Debt Stirs Little Action
(DBN)

The Social Security benefit cliff is here. Washington is struggling to wake up.
(DBN)

Canada's tariffs target certain U.S. states. See which regions are most vulnerableWhy the US Trade War With Canada Is a ‘Bar Fight’ Trump signs order to immediately rename Lake Ontario over feud with Canada US, Canada trade war poses sourcing risks for agriculture, consumer goods Voter fury at Trump obsession astonishes data guru: 'Look at this drop!'Canada renews push to boycott US productsHow a Trendy Canadian Retailer Is Grappling With Trump’s Tariffs
(DBN)

US goods-trade deficit widens to largest since March 2025
(DBN)

The hardest-working states in the US, ranked
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Fannie and Freddie: Single Family Delinquency Rate Mostly Unchanged in July
(DBN)

Foreclosure Filings Rise 10% Annually In July
(DBN)

Mortgage rates rise, bringing the average rate on a 30-year home loan to where it was 4 weeks ago
(DBN)

Will Blackouts Be America's Next Housing Emergency?
(DBN)

Leland building tenants fight for compensation after displacement from troubled Detroit property
(DBN)

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Municipalities:

High-Yield Municipal Bonds Attract Cautious Investors With Tighter Spreads
(DBN)

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Summer Camps:

Camp Mystic Victim Families Fight Owners’ Bankruptcy Protections
(DBN)

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Assisted Living:

Buckingham Senior Community Wins Bankruptcy Exit as Residents Face Millions in Losses
(DBN)

Genesis and its ACO accuse former execs of stealing trade secrets, participants
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Trump's oil and gas stock trades continued during Iran war, filings show
(DBN)

Don Jr. Faces Bombshell Probe Into ‘Almost Clairvoyant’ Bets
(DBN)

White House construction contributed to radio problems that let Trump copter come close to jet
(DBN)

Trump family’s new crypto bank is backed by Abu Dhabi sheikh
(DBN)

Not American Enough: GOP lawmakers are pushing to restrict the rights of naturalized and dual citizens—including their ability to run for office
(DBN)

How wind projects got replaced by a $900 million payday to a Trump donor's firm
(DBN)

Dept. of Education Likens Trump To Hitler in Social Post
(DBN)

Fired Stars and Stripes journalists sue Hegseth and Pentagon spokesperson
(DBN)

Navy punishes 19-year-old sailor who threw himself overboard in 'suicide attempt'
(DBN)

Democrats at odds in Michigan over El-Sayed’s ties to controversial streamer
(DBN)

RFK Jr. said a Samoa trip had nothing to do with vaccines. New documents refute thatSenator calls for criminal investigation of RFK Jr after report
(DBN)

The Trump Administration’s Latest Foe: “DEI Bike Lanes”
(DBN)

Judge considers Kennedy Center board's push to put Trump's name back on building
(DBN)

How Jon Ossoff figured out a formula to excite Democrats
(DBN)

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Healthcare:

Villages Health to pay $541.5M to settle Medicare Advantage fraud allegations
(DBN)

Healthcare sector to account for 37% of new US jobs through 2035
(DBN)

Record US Lifespans Face Looming Healthcare Challenges
(DBN)

Cyclospora outbreak linked to recalled iceberg lettuce tied to 3 more states, FDA saysFeds widen lettuce-related cyclosporiasis probe to 20 states
(DBN)

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Sports:

UEFA preparing to bring criminal claims against Gianni Infantino over World Cup sale
(DBN)

WNBA at the center of US culture war
(DBN)

Golf insider makes shock claim about LIV players' contract situation Alan Shipnuck says LIV Golf players believe they are free to leaveLIV Golf CEO Refuses to Rule Out Bankruptcy as League Cuts Majority of Staff
(DBN)

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Military:

Boston Defense Contractor Noble Warns of BankruptcyBoston defense firm says Pentagon dispute threatens bankruptcy
(DBN)

US faces critical shortage of Patriot missiles in Europe
(DBN)

U.S. weapons shortage from Iran war alarms allies confronting China
(DBN)

China deploys record number of ships around Taiwan as pressure grows
(DBN)

Trump’s war on Iran is rapidly draining US navy budget, documents and interviews reveal
(DBN)

US rebukes Europeans over ‘sea of red’ military gaps
(DBN)

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Software:

‘Headless software’ signals further AI-led shake-up
(DBN)

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Education:

NC bankruptcy judge stunned by St. Augustine’s past practices
(DBN)

Saint Augustine’s Wins Stay on Former Trustees’ Legal Costs
(DBN)

College degrees becoming less valuable as salary premiums plummet, unemployment climbs: report
(DBN)

Canada poaches 48 top US-based academics
(DBN)

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Celebs:

How Floyd Mayweather landed a $100K/month NYC apartment in 1 day — before he allegedly stopped paying rent
(DBN)

Deion Sanders must be available for virtual testimony at son’s bankruptcy trialDeion Sanders must testify at son's trial if necessary, judge rules‘Hearing a death sentence’: Deion Sanders reveals silent battle amid son’s $11.89M bankruptcy case
(DBN)

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Crypto:

Bitcoin treasury companies shed $80bn in value as business model unwinds
(DBN)

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Weight Loss:

Goodbye Ozempic, Hello TOFA? Obscure Pill Burned Fat Without Muscle Loss Or Weight Rebound From GLP-1s
(DBN)

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Retailing:

Malls want you to pay for prime parking spots. Shoppers are not happy
(DBN)

Largest RV dealer Camping World closes 13 stores in weakest market in 15 years
(DBN)

The retail veteran who walked away from QVC is now running it again after a stunning bankruptcy exit
(DBN)

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Fitness:

This Baltimore Fitness Group Just Closed Half Its F45 Gyms and Filed for Bankruptcy
(DBN)

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Food/Beverage:

Fast-Food Bankruptcies Surge as Costs Climb, Consumers Pull Back
(DBN)

Major supplier to Walmart, Safeway, files for bankruptcy, ‘winding down operations’
(DBN)

Produce lobby asks US agencies to quell fears hurting sales
(DBN)

Great Southern Beverages stops making beer, files Chapter 11 bankruptcy
(DBN)

The Cookie Factory closes all retail stores after 20 years
(DBN)

Dutch Bros Faces 7 Brew Challenge for Salad and Go Bankruptcy Leases
(DBN)

RNDC Bankruptcy Moves into Asset Wind-Down as Distributor Sheds Leases
(DBN)

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  New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (1 new filing today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Signs of economic distress: Personal bankruptcy filings are soaring in 2026
(DBN)

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Tax:

Bang Energy Tax Ruling Gives Shareholders Bankruptcy Leverage
(DBN)

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Mass Torts:

Shreveport diocese among new filers in Alexandria bankruptcy case
(DBN)

'This whole thing's a farce': Church sex abuse settlement brings anger, confusion
(DBN)

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MCAs:

In re Kossoff PLLC: Takeaways for SMB Lenders and Funders
(DBN)

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Conflicts:

One Law Firm Representing Jointly-Administered Debtors: It Doesn’t Always Work (Whitehall v. Lehigh)
(DBN)

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Litigation:

Increasing Deterioration in U.S. Securities Litigation Risk
(DBN)

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DIP Finance:

Braskem Idesa USD 408.9m DIP loan a rarity as DIP lender commences its own restructuring proceeding in Brazil and is a Chapter 15 debtor
(DBN)

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Examiners:

Hughes Network Gets Examiner to Probe EchoStar Deals
(DBN)

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Private Credit:

Private Credit Investors Prefer to Be Trapped Than Take 26% Loss
(DBN)

Covenant Defaults and the "Bad PIK" Signal: What Lincoln International's Senior Debt Index Is Telling Direct Lenders
(DBN)

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Credit Reporting:

TransUnion $8.31 Million Bankruptcy Credit Report Settlement
(DBN)

How Debt Settlement Can Hurt Your Credit Score More Than Bankruptcy
(DBN)

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Aviation:

Three Months After Spirit Airlines Bankruptcy: Where the Engines Went?
(DBN)

Newark-bound United Airlines flight makes ‘terrifying’ emergency landing in Las Vegas
(DBN)

LaGuardia air traffic controllers left work early on night of deadly Air Canada jet and fire truck collision: report
(DBN)

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Space:

SpaceX’s $100 billion spaceport plan has investors asking where all the money is coming from
(DBN)

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Tourism:

Florida tourism dips again as Canadian visitors decline sharply
(DBN)

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Tech:

Swarm of 700 AI bots went rogue in hacking attack
(DBN)

AI’s hacking capabilities are severely underestimated
(DBN)

Texas’ Billion-Dollar Side Deal Ranks High in Meta Settlement
(DBN)

Tech faces its ‘Big Tobacco’ moment as Meta settles addiction caseMeta’s Settlement Could Be a Big Tobacco Moment — Or a Band-Aid
(DBN)

What It Would Take to Dismantle the Most Powerful Companies in the World
(DBN)

Humanoid robots will be useful, just not as we imagined
(DBN)

The AI Productivity Illusion Frustrates Teams, Increases Spend
(DBN)

Alphabet agrees to pay £260mn to settle UK class action lawsuit
(DBN)

AI is changing religion and religions are trying to change AI
(DBN)

NYC’s Buzziest Nightclub Announces Stance On Smart Glasses: Even Try To Bring Them In, You’re Banned Forever
(DBN)

Meta Working on “Kill Switch” in Face of Overwhelming Disgust With Its “Pervert Glasses”
(DBN)

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Furniture:

No Bull Mattress & More files for Chapter 11 bankruptcy
(DBN)

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Hotels:

Berkeley Hotel Owner Strikes $14.5M Deal to Escape Foreclosure
(DBN)

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Sovereigns:

Sovereign Bond Yield Spike Highlights Persistent Fiscal Challenges
(DBN)

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UK:

Law firm shocked by media lawyer’s ‘disgusting’ joke about Jason Arday and Meghan Markle
(DBN)

Knights slammed by judge for 1980s-style lawyering
(DBN)

Money rolling in! Solid financials across the City
(DBN)

Solicitor who lied to firm about lucrative side gig struck off
(DBN)

Carragher facing bankruptcy petition over unpaid tax claimJamie Carragher to avoid bankruptcy as ‘appropriate action’ taken to settle tax bill in UK
(DBN)

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Canada:

Lasalle College students, staff rally as college remains closed amid bankruptcy proceedings
(DBN)

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Russia:

Ukraine’s Record Strikes Push Russians Back to Gasoline Lines
(DBN)

Is Russia considering using nuclear weapons in Ukraine?Putin's own officials worried
(DBN)

CIA Director John Ratcliffe, during secretive trip, warned Russia not to attack NATODelivered Bleak Assessment of Russia’s War in Secretive Moscow Visit
(DBN)

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Hungary:

Orbán-linked Bayer Construct could go bankrupt
(DBN)

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Germany:

PANDION's Core Operating Units Follow Parent Into Insolvency as Bondholders Await Critical September
(DBN)

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Nepal:

Nepal flood death toll surges as 65 Americans listed among over 1,000 people still missingEvacuation orders given after risk of second floodRock Landslide and Glacial Collapse Likely Caused Floods in Nepal and Tibet, Scientists SayNepal flash flood rescue efforts paused amid fears of further flooding
(DBN)

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France:

The ‘Burn the Bonds’ Stage of the Debt Cycle Is Here
(DBN)

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MENA:

Iran scrambles to sustain trade as US threatens to sanction countries that refuse to break tiesIran says still open to diplomacy as war with US hits six months
(DBN)

Iran has executed over 500 people this year amid surge in hangings, rights group says
(DBN)

Saudi Response to Houthis’ Attacks on Ships May Be a New War
(DBN)

Republicans face a midterm verdict as Iran war drags on months longer than Trump promised
(DBN)

How the Taliban Is Reshaping Afghan Higher Ed
(DBN)

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Ireland:

Number of EU nationals declaring themselves bankrupt in Republic accelerates
(DBN)

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India:

99.97% haircut? How the scissors worked in the Subhash Chandra caseCongress calls NCLT 'Neta-Company Loot Tribunal' over haircut approval for Subhash Chandra‘Complete mockery’: Congress slams Subhash Chandra’s 0.028% NCLT settlement plan; social media reactsHDFC Bank mulls NCLAT appeal against Subhash Chandra insolvency order Dr. Subhash Chandra clarifies NCLT insolvency claims, denies personal debt liability
(DBN)

A Decade of India's Insolvency Clean-Up: Rs.14.14 Lakh Crore in Dues Reduced to Rs.4.32 Lakh Crore Under the Controversial IBC Code, 2016
(DBN)

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Singapore:

Singapore police raid iron ore trader Radiant World over fake document claims
(DBN)

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