December 12, 2025

The Daily Bankruptcy News

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Law:

Citi Hildebrandt Client Advisory Reports Expected Strong End to 2025 and Optimism for 2026 for Law Firm IndustryLaw Firms Eye Mergers With Lackluster Demand Growth, Citi Finds
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Another Boutique Firm Comes In With Above-Market Bonuses
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Pallas Partners Rolls Out Bonuses, Extra Cash for Top Billers
(DBN)

Another Elite Litigation Boutique Comes Over The Top Of Biglaw For Year-End Bonuses
(DBN)

Boutique Firm Joins The Bonus Stampede At Full Market Rate
(DBN)

Top 15 Global Biglaw Firm Unveils Its Year-End Bonus Scale
(DBN)

Top 25 Biglaw Firm Promises Happy Holidays For Associates With Bonus Cheer
(DBN)

New Lawsuit Seeks To Find Out What Exactly Is Up With Capitulating Biglaw Firms’ Deals With TrumpTrump Law Firm Deals at Issue as Watchdog Sues DOJ for Details
(DBN)

Law Firm Merger Mania Likely To Continue In 2026
(DBN)

Latham Honored As ‘Pro Bono Innovator,’ Without Mentioning That ‘$125 Million Trump Extortion’ Thing
(DBN)

‘One of the strongest years ever’ for law firm office space leasing, new report suggests
(DBN)

The Seat Of The Legal Industry’s Expansion
(DBN)

Offering financial incentives among possible strategies to attract lawyers to this state
(DBN)

Incident Response Has Become A Law Firm Survival Skill
(DBN)

Lawyer hospitalized after man body slams him at courthouse Grieving uncle body-slams lawyer of nephew’s suspected killer outside courtroom, fracturing his spine
(DBN)

Texas attorney will pay fees for illegally soliciting Hawaii wildfire victims
(DBN)

Please Advise: It’s been a hard year for many; here’s some advice that got lawyers through it
(DBN)

News organizations challenge Virginia’s ban on attorneys sending court records to reporters
(DBN)

'I don’t look at the prices of anything anymore' - how partner pay stacks up
(DBN)

Lawyer lets prankster adopt him to become his son's grandpa
(DBN)

From Jailhouse Lawyer to 'Real' Lawyer: Calvin Duncan talks about his extraordinary journey
(DBN)

Cryptoqueen Lawyer Faces Charges for Alleged Improper Threats
(DBN)

Congressman confronts Kristi Noem with deported military veteran on Zoom'Abolish ICE' creeps back into Democratic messagingU.S. has to stop taking in ‘below-average’ immigrants who won’t help economy, says LutnickICE agents wrongfully detained US citizen who 'looked Somali' in Minneapolis, city leaders sayTaco chain forced to shut seven restaurants after workers are detained by ICETrump administration separates thousands of migrant families in the USArellano: In Trump's regime, Catholics are among the most powerful — and deportedIdaho’s immigration fight reveals a national Republican riftKilmar Abrego Garcia is released from immigration detention, his attorney saysMan Charged In Light Rail Stabbing Reignites Immigration Fury in CharlotteFederal Agent Briefly Kidnapped During Operation in Minnesota
(DBN)

‘Quite the moment’: CNN shocked as FBI official exposed for offering ‘zero details’
(DBN)

Trump pardons jailed ex-Colorado election official Tina Peters, but she was charged in state court Colorado Governor Shoots Down Trump Pardon of Tina Peters
(DBN)

Trump’s Pulitzer Defamation Lawsuit Heads to Discovery Phase
(DBN)

Dan Bongino ‘Could Be Out Any Day’ as FBI Deputy Director: Report
(DBN)

DOJ fails — again — to re-indict Letitia JamesLegal Analysts React as Letitia James Handed New Legal Win
(DBN)

Angry Trump launches new power grab to go after his enemies
(DBN)

Black Lives Matter OKC leader charged with wire fraud, money laundering in alleged $3.15M embezzlement scheme
(DBN)

N.J. man praised for trying to save neighbor in fire now charged in her murder
(DBN)

'Threat from above': Prisons face escalating threat from drones
(DBN)

MAGA host refuses cops access to footage of shooting he reported
(DBN)

How a Manosphere Star Accused of Rape and Trafficking Was FreedBarron Trump Is Secretly Devoted to Twisted Woman-HaterThe World of Andrew Tate
(DBN)

Tyler Robinson, accused in Charlie Kirk killing, smirks and chuckles during first in-person court appearance, with family in tow
(DBN)

Can’t Sleep? Try Listening to This Man Talk About Torture and Death
(DBN)

Fired Michigan coach Sherrone Moore jailed amid assault probeFired Michigan coach Sherrone Moore was ‘suicidal’ after cops were called to executive assistant’s apartmentFired coach thought people at Michigan ‘were out to get him’ for a long time: insider
(DBN)

Military admits ‘mistake’ in viral arrest of U.S. civilian in Japan
(DBN)

Teen, 15, kills ex-girlfriend’s mom, siblings in ‘cowardly act of violence’: police'Cowardly' teen shot ex-girlfriend's mom, 9-year-old brother and 13-year-old sister: Cops
(DBN)

Mom spent drunken 'girls night' sending Snapchat videos before finding baby dead: Police
(DBN)

Adoptive moms duct-taped teen to floor, withheld food, causing him to lose 20 pounds: Cops
(DBN)

Wife 'pretended to take care' of corpse for 6 months for Social Security checks: Police
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Parents kept calling 911 about son who killed girl he was allegedly stalking and pal: Cops
(DBN)

Man poured pitchers of 'scalding hot water' on disabled roommate, set her on fire twice
(DBN)

Mom 'whooped' son, 4, to death because he 'was not potty trained' and would not use toilet
(DBN)

Wild street brawl erupts during Christmas celebration in ritzy neighborhood: videoBillionaires' playground Nantucket rocked by unseemly public brawl on its quaint high street as festive lights twinkled
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Judges:

Judge orders Kilmar Abrego Garcia to be released immediately from ICE custodyDOJ ordered to turn over documents that may tank case against wrongly deported migrant
(DBN)

Amy Coney Barrett Raises Question on Supreme Court Case Helping Republicans
(DBN)

The Supreme Court and Executive Power
(DBN)

Abrego Garcia judge shreds Trump admin for lying in court, orders release from ICE custody
(DBN)

Jury selection to begin in federal trial of Milwaukee judge accused of helping undocumented man evade arrest
(DBN)

Judge refuses call from Trump's former Wisconsin lawyer to step away from fake elector case
(DBN)

Judge accused of packing verdict with dodgy quotes
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Wall Street:

Dow futures are higher after notching fresh records
(DBN)

How to Save Corporate Governance From Passive Investing
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Layoffs:

Fired Department of Education staff invited back to work
(DBN)

Charter Communications lays off 176 Maine employees
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Tech:

AI toys for kids talk about sex and give Chinese Communist Party talking points, tests show
(DBN)

AI Data Center Boom Sparks Fears of Glut Amid Lending Frenzy
(DBN)

Time's Person of the Year is 'The Architects of AI,' including Sam Altman and Elon MuskTime Magazine Skewered Over ‘Person of the Year’ Reveal
(DBN)

Senators demand answers from AI companies on how they're combating scammers
(DBN)

ChatGPT creator warns of cybersecurity vulnerabilities in newer AI models
(DBN)

‘Big Short’ Steve Eisman is getting worried about the AI trade
(DBN)

Oracle shares tank 15%, dragging down Nvidia, AMD, CoreWeave
(DBN)

Australian teenagers skirt world’s first social media banWhy Some Countries May Copy Australia’s Ban on Children Using Social MediaWhy Australian kids have a case of FOMO
(DBN)

Disney Agrees to Bring Its Characters to OpenAI’s Sora Videos Disney Hits Google With AI Copyright Infringement Cease-and-Desist Letter
(DBN)

AI Hackers Are Coming Dangerously Close to Beating Humans
(DBN)

Trump signs executive order for single national AI regulation standard, limiting power of states
(DBN)

Years After a Girl’s Death, the AIs That Killed Her Are Still Sending Notifications to Her Phone
(DBN)

Woman uses ChatGPT to flee man who choked her, held son at knifepoint on FaceTime: Cops
(DBN)

Washington Post’s AI-generated podcasts rife with errors, fictional quotes
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Climate:

'Catastrophic' Pacific Northwest floods leaves 100,000 facing evacuationWashington flooding 'extremely unpredictable,' 'potentially historic'
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Tourism:

‘The whole thing disgusts me’: Australians ditch US travel as new rules require social media to be declared
(DBN)

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Assisted Living:

Genesis Ordered to Redo Auction As Judge Rejects Insider BuyoutSale of Nursing Home Giant Genesis Stalls in Court, With Judge Seeking Mathematical Comparison of Bids
(DBN)

York County-based retirement community chain files for bankruptcy
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Autos:

First Brands' Loan Value Sinks to 30¢; Rescue Seen as Critical
(DBN)

Bankrupt Auto Parts Giant Gets Help From Former GM Executive
(DBN)

Tesla sales drop to nearly 3-year low despite launch of cheaper versions
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Economy:

Poll: Trump handling of economy hits low; 31% approval
(DBN)

Gingrich: ‘Republicans are in real trouble’ if economy doesn’t ‘recover’
(DBN)

Fed Chair Jerome Powell Says U.S. May Be Drastically Overstating Jobs NumbersThe case for more Fed rate cuts could rest on a ‘systematic overcount’ of jobs numbers
(DBN)

US jobless claims jump by most since 2020 after holiday dropWeekly Initial Unemployment Claims Increase to 236,000
(DBN)

Tariffs Shrank Trade Deficit in September, New Data Show
(DBN)

Billionaire launches tone deaf attack on affordability critics
(DBN)

Butter, milk and cheese prices slide as ‘stunning’ production floods global markets
(DBN)

When did the job market get so rude?
(DBN)

Companies are just now tallying up the impact of the US shutdown
(DBN)

US manufacturers slow orders ahead of Supreme Court tariff ruling
(DBN)

What it takes to be wealthy in America: $2.3 million, Charles Schwab says
(DBN)

US trade deficit unexpectedly shrinks to smallest since 2020
(DBN)

Trump, Modi speak as US-India trade talks inch forward
(DBN)

The Middle Class Florida Dream is Disappearing
(DBN)

‘Mamdani Effect’ Is Seeing More People Moving to New York, Not Leaving It
(DBN)

Why single-income households are ‘a bygone era,’ according to experts
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US Debt Clock
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World Debt Clock
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Real Estate:

HOA bankrupted by $1.4M verdict after home became ‘dangerous nightmare’
(DBN)

Mark Nussbaum names names in new filings
(DBN)

Going once, going twice: Meyer Chetrit’s property interests auctioned off to pay $132M judgment
(DBN)

Foreclosure activity rises nationwide for ninth straight month
(DBN)

Home prices go negative for the first time in over 2 years — and may stay that way for a while
(DBN)

Cotality: Homeowners With Negative Equity Increasing
(DBN)

Mortgage Rates: The New Normal
(DBN)

HVS: Q3 2025 Homeownership and Vacancy Rates
(DBN)

Why Jerome Powell’s latest big rate cut still won’t help you get a lower mortgage rate
(DBN)

Power remains out at Leland apartments in downtown DetroitFire marshal orders evacuation of Leland House in Detroit
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Municipalities:

Law firm representing PR in bankruptcy cases seeks 3% hike in hourly rates
(DBN)

Federal judge in Kentucky vacates bankruptcy court ruling that would cost Oakland hundreds of millions
(DBN)

Lake City employees express concern about retirement funds, payroll
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Oil/Gas:

How Billionaire Wes Edens’ Big Energy Dream Hit the Rocks
(DBN)

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Healthcare:

Hundreds quarantined as South Carolina measles outbreak acceleratesSome students who remain unvaccinated are now in a second 21-day quarantine since the beginning of the school yearSpreads to Connecticut'Ongoing transmission will go for many more weeks'
(DBN)

Insurance denied an $800,000 seizure drug — twice. A state-run panel helped a teen get it.
(DBN)

New chair of CDC vaccine panel fired from pediatric practice, wife says
(DBN)

Vaccine panel's hepatitis B vote signals further turbulence for immunization policy, public trust
(DBN)

Cracks forming in Democrats’ demand for 3-year Obamacare extension
(DBN)

4 GOP senators break ranks to vote for Democratic extension of ObamaCare subsidies
(DBN)

Senate fails to advance dueling health care bills, with price hikes coming for millions ObamaCare impasse sets stage for January health care battle
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Politics:

Trump’s Approval Ratings Are Low, Again. This Time It Might Matter.
(DBN)

What Trump Must Do to Bounce Back in 2026, According to Republicans
(DBN)

Older voters leaning toward Republicans ahead of midterms: Survey
(DBN)

How a US admiral decided to kill two boat strike survivors'Most troubling aspect': Admiral's explanation for second strike doesn't add up to experts
(DBN)

Trump ditches abolition coins and weighs putting his own face on one instead
(DBN)

Progressive groups unite behind latest challenger as primaries against House Democrats spread
(DBN)

Democrats divided over effort to force vote on banning lawmaker stock trading
(DBN)

Noem Becomes Newest Impeachment Target as Scandals Pile UpProtesters interrupt Noem hearing with Exorcist line: ‘The power of Christ compels you!’Noem accused of misleading Congress about early hearing departure to canceled meetingNoem confronted about veteran in contentious hearing over deportationsNoem worldwide threats hearing ends in subpoena bid: 4 things to know
(DBN)

23 Democrats Vote Against Donald Trump Impeachment EffortHouse tables Trump impeachment as Democratic leaders vote ‘present’
(DBN)

Inside the Alleged Cabinet Shakeup Rumor Mill
(DBN)

Indiana Senate rejects redistricted congressional map in major rebuke of president Why Indiana Republicans are standing up to TrumpTrump Rages at Indiana ‘Republican SUCKERS’ Who Revolt on Redistricting Push in ‘MAGA Primary’ ThreatTrump predicts Indiana Senate GOP leader will lose next primary over redistricting voteJohnson says he’s ’bullish’ about midterms despite Indiana redistricting loss
(DBN)

Why Republicans in Congress are turning against Trump
(DBN)

Billionaires are spending massive sums on politics. A backlash brews.
(DBN)

Erika Kirk claps back at accusations about her public grieving“One of the 5 stages of grift”: Erika Kirk’s Mar-a-Lago hosting TPUSA fundraiser draws criticism as Candace Owens claims event made $40 million
(DBN)

MAGA for Mamdani
(DBN)

For Trump, the Warner Megadeal Talks Are All About CNN
(DBN)

The sinister US village for white, straight Christians only
(DBN)

Tucker Carlson's dark new obsession with gay men is reaching absurd levelsTucker Carlson’s ex-network torches his unhinged conspiracy
(DBN)

MAGA Influencers Ignite Full-Blown Civil War in Feuding Frenzy
(DBN)

Gavin Newsom trolls White House 'cuffing season' video with AI-made handcuffed Trump burn
(DBN)

Rage Bait: The Psychology Behind Social Media’s Angriest Posts
(DBN)

Trump’s ‘bloated’ face challenged in federal lawsuit
(DBN)

Trump promises White House ballroom completion in ‘about a year and a half’
(DBN)

Trump takes steps toward demolishing four federal buildings, preservationist alleges
(DBN)

Meet the candidates running to be the next U.S. Senator from Texas: James Talarico
(DBN)

Trump’s National Guard deployments get Congressional scrutinyGeneral contradicts Trump on ‘enemy within’ during National Guard hearing
(DBN)

Navy submits report on Kelly’s potential punishment over ‘illegal orders’ video
(DBN)

22 Republicans Vote To Repeal Donald Trump’s Executive Order Restricting Union Rights at Federal Agencies
(DBN)

Trump repeals Biden land protections in Alaska, other states
(DBN)

I Asked the Pentagon About Pete Hegseth’s Mentor. Then the Threats Started.
(DBN)

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Ride Hailing:

Woman Orders Waymo, Finds Man Hiding in Trunk
(DBN)

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Food/Beverage:

Dallas restaurant group to buy bankrupt Razzoo's Cajun Cafe for $18.8Ms
(DBN)

6 more states approved to remove unhealthy foods from SNAP benefits
(DBN)

Botulism outbreak grows as tainted ByHeart products may date to 2022
(DBN)

The Secret Algorithm Behind Your $20 Burger
(DBN)

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Resorts:

Turnbridge closes on unfinished Coachella Valley resort for $65M in bankruptcy sale
(DBN)

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Agribusiness:

What Trump’s bailout means for Minnesota farmers
(DBN)

A Fifth-Generation Farmer on Trump’s Bailout Plan: “It’s Really Not Even a Band-Aid.”
(DBN)

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Furniture:

US trustee not a fan of debtors’ plan in American Signature bankruptcy
(DBN)

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Pharma:

Biotech venture firm Apple Tree goes bankrupt amid dispute with billionaire backer
(DBN)

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Crypto:

15-Year Prison Sentence for Terraform Labs Founder Exceeds US Prosecutors' Ask|
(DBN)

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  New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Americans Searching for Bankruptcy Lawyer Hits All-Time High
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Mass Torts:

Abuse survivors to share personal statements in Buffalo Diocese bankruptcy
(DBN)

Vermont Catholic Church receives bankruptcy court’s OK to sell Rutland property
(DBN)

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Miscellaneous:

Court Opinion Review: The Fifth Circuit’s Latest Sanchez Reversal, Judge Goldblatt Goes Rogue in Yellow, and Judge Lopez Calls Pine Gate’s Rollup Bluff
(DBN)

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Intercreditor:

The worlds of LME and Antitrust collide, as foreshadowed
(DBN)

Breaking the Chain: District Court’s Wesco Opinion Limits ‘Effect of’ Sacred Rights Protections, a Boon for Vote-Rigging and Other Multi-Step LMEs
(DBN)

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SCOTUS:

Does A U.S. Supreme Court’s Certiorari Denial Have Precedential Value?
(DBN)

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Safe Harbors:

Second Circuit limits bankruptcy code’s safe harbor for settlement payments
(DBN)

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Aviation:

Spirit Airlines Pilots Ratify Restructuring Agreement Spirit pilots vote: Did the new deal save the discount airline?
(DBN)

Trump administration launches ambitious air-taxi push
(DBN)

Russian aircraft repair plant behind An-22 crash operating without funds since September
(DBN)

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Student Debt:

7 million student loan borrowers could face higher payments as SAVE plan gets the axe
(DBN)

What’s Driving Student Loan Delinquencies?
(DBN)

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Cannabis:

Trump seeks to cut restrictions on marijuana through planned order
(DBN)

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Sports:

Grand Slam Track files for bankruptcy leaving vendors facing millions of dollars in lossesJohnson's Grand Slam Track files for bankruptcy after troubled debut seasonGrand Slam Track files for bankruptcy to 'reorganize'Michael Johnson embroiled in bankruptcy chaos as debts up to £37million surfaceMichael Johnson refuses to give up on Grand Slam Track despite bankruptcy
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Retailing:

Howard’s Appliance lists $17.2M in liabilities in bankruptcy filingEmployees and customers of California appliance chain shocked over abrupt closure and bankruptcy before holidays
(DBN)

Another famous fashion retailer files bankruptcy
(DBN)

AI shopping could drive $263 billion in holiday sales. Walmart and Target are racing to get in
(DBN)

AmEx reports 9 percent rise in US retail spending over Thanksgiving week, CEO says
(DBN)

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Education:

Colleges with low-earning grads to get red flag in new FAFSA
(DBN)

Palantir cofounder calls elite college undergrads a ‘loser generation’ as data reveals rise in students seeking support for disabilities, like ADHD
(DBN)

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Entertainment:

A Hollywood Startup That Raised $1 Billion Earlier This Year Just Mysteriously Filed for Bankruptcy
(DBN)

Paramount’s Mideast backing likely runs deeper than $24 billionNetflix’s takeover of Warner Brothers is a nightmare for consumers
(DBN)

Media Watchdog Suggests FCC Consider Reallocating Spectrum from Insolvent Public Stations
(DBN)

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Festivals:

How California's county fairs have become cotton candy for fraud, theft and mismanagement
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Fraud:

Jury convicts Netflix director Carl Rinsch in $11 million fraud case
(DBN)

Ex-Franchise Group CEO Brian Kahn pleads guilty to defrauding hedge fund investors
(DBN)

Minnesota Man Gets 10 Years in $300M Feeding Our Future COVID Fraud Case
(DBN)

Luxury cars and private villas: See how Minnesota fraudsters spent millions intended for hungry kids
(DBN)

Minnesota fraud case is biggest among many multimillion-dollar pandemic scams. Here are the 10 most costly.
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UK:

Council says it 'almost certainly' needs exceptional council tax increase
(DBN)

Leon to close stores and cut jobs in restructure
(DBN)

Suspended sentence for ex-CPS paralegal who snooped on boyfriend’s case file
(DBN)

Buttergate: Paul Weiss lawyers can eat butter — they just need to find it
(DBN)

High Court test case will decide whether WhatsApp messages are legally binding
(DBN)

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EU:

Leaked files ‘show US wants to persuade four nations to leave EU’
(DBN)

Wave of Gen-Z Unrest Fells Its First European Government
(DBN)

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Canada:

Canada to Ban Portions of Bible Over Hate Speech?
(DBN)

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Venezuela:

The US isn’t attacking Venezuela because of drugs — it’s because of minerals
(DBN)

Seized oil tanker is the latest escalation in U.S. military action against VenezuelaRussia demands Trump administration provide reasoning for seizure of oil tanker Trump willing to seize more oil tankers off Venezuela coast, White House official saysFormer NATO commander: Venezuela oil tanker seizure ‘legal’ and ‘flawless’ Raging Maduro vows to ‘break America’s teeth’ after US seizes Venezuelan ship…as Trump shrugs ‘I assume we keep the oil’Seized oil tanker being brought to USA port, as war threats buildTrump says ‘I guess’ U.S. could keep seized oil tanker — but a sale appears likely‘Spoof’ ship: Seized oil tanker Skipper hid location data, visited Iran and VenezuelaSatellite images suggest seized tanker manipulated its location dataWhat we know about US seizure of oil tanker off VenezuelaWhy is Trump threatening Venezuela? What to know after tanker seized.U.S. Seizes Oil Tanker Near Venezuela: What It Really MeansUS Announces New Sanctions on Maduro Family After Tanker SeizureColombia Says It Would Consider Offering Venezuelan President Maduro Asylum
(DBN)

Venezuelan leader Maduro sings, dances and threatens to ‘smash the teeth’ of the ‘North American empire’
(DBN)

Republicans admit 'no one knows what the Venezuela mission is' as worries surge
(DBN)

How Trump’s Venezuela threats echo CIA-backed regime change in Latin America
(DBN)

Putin holds call with Maduro, backs Venezuela after US seizes oil tanker
(DBN)

Nobel winner María Corina Machado says U.S. 'support' helped her escape VenezuelaVenezuelan Nobel laureate credits Trump for pressuring Maduro with 'decisive' actionsNobel Peace Prize Winner Begged Trump Not to Blow Up Her Boat
(DBN)

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Colombia:

Donald Trump sends fierce 4-word warning to Colombia's president as Venezuela ship seized
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Russia:

Trump directs his frustration at Ukraine and Europe as peace talks stall again
(DBN)

Putin can fund Ukraine war for years to come, ex-official says as Trump’s resolve is tested
(DBN)

Russia warns Britain 'nuclear annihilation inevitable' after UK gives WW3 'casus belli'
(DBN)

We must prepare for scale of war our grandparents endured, NATO chief chillingly warns…as he reveals Putin’s next target
(DBN)

Trump’s jarring disconnect on Ukraine
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MENA:

Winter storm rips through Gaza, flooding tents and exposing aid shortages
(DBN)

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Germany:

German business insolvencies hit 11-year high in first 9 months
(DBN)

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India:

What One Airline’s Meltdown Reveals About India’s Economy
(DBN)

How 2025 Reshaped Boundaries Of Resolution Estate Under Insolvency And Bankruptcy Code 2016
(DBN)

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Australia:

Federal Court calls snap hearing in Brittany Higgins bankruptcy caseBrittany Higgins declared bankrupt as court steps in over debt to Linda Reynolds'Not a victory': Brittany Higgins bankrupted by ex-boss
(DBN)

Private school fees and luxury cars driving surge in bankruptcies
(DBN)

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China:

China Vanke seeks a one-year extension on second bond of 3.7 billion yuan
(DBN)

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