July 10, 2026

The Daily Bankruptcy News

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Law:

The Biglaw Associates Billing The Most
(DBN)

As Law Firms Make Blackbox Bonuses, Transparency Clashes Grow
(DBN)

New Study Confirms Your First Law Firm Probably Won’t Be Your Last
(DBN)

The ABA Wants The White House’s Receipts On The Biglaw Executive Orders
(DBN)

Steve Bannon exposed as secret player in White House law firm 'extortion' scheme in new filings
(DBN)

The Best Law Schools In The World (2026)
(DBN)

Comments mixed on proposals to pull back law school diversity standards
(DBN)

California’s Botched 2025 Bar Exam Cost $5.1 Million, Audit Says
(DBN)

AI Revolutionizes Legal Marketing: From Static Rankings to Dynamic Client Engagement
(DBN)

Federal Judge Reviews Sanctions for Arizona Attorney Over Inaccurate Legal Brief
(DBN)

Lawyer impersonated policeman 'to spy on ex-girlfriend
(DBN)

Lawyers’ Use Of AI Notetakers And Client Conversations: Ethics Rules, Risks, And Best Practices (2026 Update)
(DBN)

A&O Shearman endorses AI in advert with Suits actor
(DBN)

Fractional General Counsel: A Win-Win Proposition For Certain Clients, And Certain Lawyers
(DBN)

Agentic AI For Forensics Investigations Is Fast, Auditable, And About To Bloody Daubert
(DBN)

La. Supreme Court says Texas law firm can't collect fees if clients were signed up illegally
(DBN)

Eswatini receives 11 people deported from the US as part of migration crackdownTrump Seeks Deal With West African Leaders on Deportations Nightmare scenario as hero nurse fears losing her toddlerMexico threatens legal action over citizens' deaths in ICE custodyICE officers involved in fatal Houston shooting were not wearing bodycamsNew video of ICE killing in Houston sparks outrage: 'People need to start getting charged' Migrants who saw man killed by ICE in Houston say he did not ram officers He Lived Here for 35 Years. Put Three Kids in College. ICE Killed Him. Hundreds gathered in east Houston have clear message to ICE: Get outMayor backs investigation after deadly ICE shooting, says city powerlessMexico to request criminal charges over deaths following fatal shooting of Houston man by ICE agents
(DBN)

Democrats Gain Powerful Republican Ally in Demand for Answers About Kash Patel’s FBI Spending and TravelFurious Senate Republican orders Trump FBI chief to explain why he blew cash on BMWs
(DBN)

Trump Trade Adviser Navarro Presses Contempt Fight DOJ Dropped
(DBN)

Chicago US Attorney Remarks Violated Sealing Order, Judge Finds
(DBN)

Former Olympian pleads not guilty in Reflecting Pool damage case after Trump alleged vandalismJudge denies Pirro demand to bar Olympian from Reflecting Pool after 'not guilty' pleaLawyer for former Olympian David Hearn speaks out about Reflecting Pool case
(DBN)

Todd Blanche: ‘underdog’ turned Trump enforcer
(DBN)

This team of lawyers represents Trump, even against his own government
(DBN)

Charlie Kirk assassination suspect expressed regret after shooting, roommate saysTyler Robinson spent weeks plotting Charlie Kirk assassination, asked trans lover about engraver tool for bullets: bombshell recordingProsecutors reveal trans sex joke engraved in ammo that allegedly killed Charlie KirkExpert debunks claims bullet in Charlie Kirk murder probe didn’t match Tyler Robinson’s rifleTo seek execution in Charlie Kirk's murder, prosecutors turn to a seldom-used provision in Utah lawErika Kirk demands and gets transparency over exhibits during Tyler Robinson hearing
(DBN)

New Jersey officer charged after two K-9s die in hot vehicle, prosecutors say
(DBN)

Gunman accused of killing University of Alabama student, dad of 3, and dog knew his victims: cops
(DBN)

Child's remains found in woods after dad said he dropped boy off with Amish: Police
(DBN)

Amazon driver 'smirked' at USPS carrier, then shot him in face during mailroom fight: DOJ
(DBN)

Second person in 4 days is fatally shot in Memphis by federal task force member
(DBN)

More flock cameras cut down in Houston amid some privacy concerns NKY residents push back on proposed Flock license plate reader cameras Air Force Engineer Accused of Cutting Down 13 Police Cameras Says They're UnconstitutionalMilwaukee detective is latest officer charged with misusing Flock cameras People are vandalizing Flock surveillance cameras in Virginia amid privacy concernsHow Flock Cameras Wrongly Tracked Me for Days Over ‘Stolen’ Plates and Sent Police After Me
(DBN)

Illinois Ban on AR-15s Is Constitutional, Seventh Cir. Rules
(DBN)

305 people arrested, 179 charged and 24 missing children recovered in massive operation in Chicago
(DBN)

Teen busted for ‘my bad’ NYC subway grope is a Yale student who once railed against sexual harassment training
(DBN)

Man dragged ex out of car after 'intentional' crash, killed her on side of the road: Cops
(DBN)

Adoptive parents killed 4-year-old who was left duct-taped to floor 'for several hours'
(DBN)

Man killed woman with a machete, fire and a concrete block and then claimed self-defense
(DBN)

Florida girl, 2, dies after babysitter leaves her in blistering hot car for 3 hours
(DBN)

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Judges:

James T. Bentley to Selected to Serve as Bankruptcy Judge in the Eastern District of New York (Brooklyn)
(DBN)

Trump demands Supreme Court do something it's done once — ever — in blistering tiradeTrump says he’ll ask Supreme Court to rehear birthright citizenship caseTrump Calls Supreme Court ‘Absolutely Insane’ And Then Asks For Birthright Citizenship Do-OverTrump Bid for Birthright Redo Would Be ‘Longest of Long Shots’
(DBN)

2 judges suspended in separate cases after being indicted on criminal charges
(DBN)

Judge Jesse Furman Discusses the Challenges Confronting Federal Courts With AI
(DBN)

Justice shopping on the emergency docket?
(DBN)

Who is the Supreme Court’s most “ideological” justice? And does that question even make sense?
(DBN)

From Canvas to Courthouse: Mural to be unveiled in appeals court reflects visitors and staff alike
(DBN)

Judge Ryan D. Nelson Misconduct Inquiry Transferred to 4th Circuit
(DBN)

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Wall Street:

S&P 500 futures are little changed as index heads for winning weekWall Street futures steady as tech bargain-hunting, Iran diplomatic overtures lift
(DBN)

World shares mostly climb and oil prices slip as traders monitor Iran war developments
(DBN)

Goldman bans staff from participating in finance, politics prediction markets, source says
(DBN)

JPMorgan Redefines Finance: AI Agents Outperform Traditional 60/40 Portfolios
(DBN)

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Layoffs:

LIV Golf reportedly signals mass layoffs
(DBN)

America’s Second-Largest Alcohol Distributor to Lay Off 160 Employees
(DBN)

Allianz Partners to cut up to 1,800 jobs as AI adoption accelerates
(DBN)

Novartis dismisses 322 more staffers based out of US headquarters
(DBN)

Microsoft’s nonsensical Elder Scrolls Online layoffs cut 213 staff, according to WARN Act disclosure
(DBN)

Baker Hughes closing Houston facility, 174 workers losing jobs
(DBN)

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Climate:

El Niño Likely Strongest Seen in 75 Years, US Forecasters Say
(DBN)

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Tech:

News outlets urge a judge to sanction OpenAI in a high-stakes AI copyright fight
(DBN)

Rise of the Gen-Z Luddite
(DBN)

OpenAI unveils ChatGPT Work to automate workplace tasks as AI race intensifies
(DBN)

Meta found to breach EU laws with ‘addictive’ Instagram, Facebook designs
(DBN)

Once Unimaginable, Publishers Are Preparing to Opt Out of Google Search
(DBN)

OpenAI and Google sell AI models to blacklisted China groups
(DBN)

The Coming Power War That Will Define the AI Era
(DBN)

'Safest' AI Company Reportedly Linked to Strike That Killed 120 Schoolgirls
(DBN)

Wyoming officials trace rare bacteria back to data center
(DBN)

Nobel-Winning U.S. Chemist Will Move to China to Lead A.I. Institute
(DBN)

China could be the US tech hedge
(DBN)

AI May Solve Efficiency Problems, But It Could Create A Talent Pipeline Problem
(DBN)

China, Russia and Others Seek to Inflame Debate Over A.I. Data Centers
(DBN)

SK Hynix’s jumbo share sale a sign of overheated timesHow a 1949-born construction firm became a $1 trillion global tech giant - Story of SK Hynix
(DBN)

Why AI could be a financial ‘sludge’ buster
(DBN)

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Furniture:

Former Sleep Number CEO files late bid challenge in Chapter 11 case
(DBN)

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Fitness:

Lenders to Planet Fitness Operator in Talks to Take Ownership
(DBN)

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Economy:

Kevin Warsh names high-profile figures to help modernize the Federal Reserve
(DBN)

Fed’s Williams says AI is now his main inflation concern
(DBN)

US middle class keeps shrinking as wealthy pull further ahead, Equifax data show
(DBN)

Consumer credit was unchanged in May
(DBN)

PepsiCo warns of ‘rising inflationary pressures’ for US consumers
(DBN)

US jobless claims little changed last week as layoffs remain low
(DBN)

Wealthier Americans are cutting back-to-school spending by 20%
(DBN)

Swiss see ‘good chance’ for lasting 15% tariff deal with US
(DBN)

'Project 2029' floats free child care — or $1,000 to stay home
(DBN)

49% of young adults live at home, up 12 points since 2019. An economist says the fallout will reshape marriage, kids, and home-buying
(DBN)

California plummets in rankings of worst states to move to — as a surprising state takes the lead
(DBN)

Two cheers for Trump AccountsHidden Roth Strategy In Trump Accounts Will Create 'Tax-Free Millionaires'
(DBN)

Meta Is Ushering In the Era of the K-Shaped Company
(DBN)

US Debt Clock
(DBN)

World Debt Clock
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Real Estate:

Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
(DBN)

NAR: Existing-Home Sales Decreased to 4.09 million SAAR in June
(DBN)

Foreclosure Spike Unlocks Discounted Housing Deals For CRE
(DBN)

Landmark Housing Bill Will Become Law Today, Without Trump
(DBN)

The Housing Market Has a New Problem: Everyone Feels Broke
(DBN)

How Florida’s Dream of Ever-Lower Taxes Flew Too Close to the Sun
(DBN)

Trump Takes Up Another White House Project: The Front Columns
(DBN)

REIT In Chapter 11 Bankruptcy Sells 7-Building Houston Office Portfolio
(DBN)

Spring home selling season ends on a bad note
(DBN)

US home prices hit an all-time high as sales slow and mortgage rates rise
(DBN)

Damaged Manhattan tower owner to reconstruct 15 floors after evacuation
(DBN)

Celebration Pointe bankruptcy plan hinges on $50M payment to avoid liquidation
(DBN)

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Municipalities:

Chicago pensions face insolvency in downturn, mayoral candidate says
(DBN)

Wealthy Seattle enclave faces possible bankruptcy
(DBN)

LAUSD faces 'severe' signs of insolvency; county warns it could take control of budget
(DBN)

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Oil/Gas:

World faces growing diesel supply crunch as Russia cuts off exports
(DBN)

Licensed to drill? How a Trump-linked Texas oil company is elbowing its way into Greenland
(DBN)

World oil demand set for first annual decline since 2020, IEA says
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Critics roast Trump's 'completely insane' rant about Nobel Peace Prize on Air Force One
(DBN)

Donald Trump's son bet big on Bitcoin, lost $600 million from family fortune
(DBN)

Analysis reveals how Don Jr. profited from his father's presidency
(DBN)

Secret Service advised Trump to not fly Qatari-gifted Air Force OneTrump Air Force One switch excuse ‘a little hard to believe’: Haberman
(DBN)

Joe Rogan erupts in anti-Trump tirade: 'People don’t want it'
(DBN)

Trump terminates remaining members of Election Assistance ‌Commission after landmark Supreme Court ruling expanded his powers
(DBN)

Texas is waging a battle to stop “Islamification”
(DBN)

Ted Cruz warns Talarico has “real chance” to flip Texas’ U.S. Senate seat
(DBN)

Trump’s pledge to lift Turkey sanctions sets up fight with Congress, allies
(DBN)

James Talarico raises record $30 million for Texas Senate bid
(DBN)

Most American Jews don’t feel supported by either party or President Trump, new AP-NORC poll finds
(DBN)

‘His legacy is cringe’: how Charlie Kirk became a meme among the young – even his supporters
(DBN)

Meet the Man Who Could Cost Candace Owens Millions
(DBN)

JD Vance Went Down Charlie Kirk Rabbit Hole That Alarmed His Wife
(DBN)

The Drinking Culture on Capitol Hill is Worse Than You Might Think
(DBN)

Spencer Pratt Vows to Put ‘Commie Animals in Handcuffs’ in Voter Fraud Tirade
(DBN)

Fetterman knocks Sanders for ‘pushing these communists’
(DBN)

White House axed RFK Jr. ad campaign after spending big on Kristi Noem flop: report
(DBN)

Mitch McConnell Nears Dead-Line - Cover-up to avoid election?Is Mitch McConnell Even Alive? If So, Where the Hell Is He?Even Trump Says ‘I Have No Idea’ How Hospitalized Mitch McConnell Is Doing
(DBN)

Campaign staffers keep trying to bet on races despite push to curb insider trading
(DBN)

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Media:

CNN braces for CBS-style chaos as boss admits he can't escape 'tension' even in his home
(DBN)

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Pharma:

CVS, Omnicare reach $440M Justice Department settlement
(DBN)

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Consumer Protection:

CFPB To Revisit Credit-Card Late Fees
(DBN)

Trump’s consumer protection head has earned grudging respect – but does he have the authority to do his job?
(DBN)

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Private Credit:

Investors Shift From Private Credit to Equity Semiliquid Funds
(DBN)

Private credit under stress — Emerging litigation risks
(DBN)

UBS helped trigger exodus from Blue Owl private credit fund
(DBN)

US direct-lending activity falls even as private credit firms raise more cash
(DBN)

Europe's financial stability watchdog examining private credit risks, adviser says
(DBN)

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Consumer Finance:

Buy Now, Pay Later Has Bankruptcy Attorneys Adjusting Tactics
(DBN)

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Food/Beverage:

Amazing Brands Acquires ‘Hot Dog on a Stick’ for $8 Million in Bankruptcy Court Sale
(DBN)

Fawn Weaver’s bankruptcy petition dismissed by Tennessee judge
(DBN)

Hope for Schwebel's? Court filing reveals potential buyer for iconic Northeast Ohio bakery
(DBN)

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Autos:

US explores allowing driverless cars without steering wheels - report
(DBN)

Polestar chief says globalization for carmakers is over after US sales ban
(DBN)

Volkswagen risks 'major conflict' with staff over cost-cutting drive, union warns
(DBN)

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Rail:

Brightline off the rails? Financial woes, delayed loan lead to concerns for Vegas high-speed train
(DBN)

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Sports:

The US and Mexico are out of the World Cup. Ticket prices are plunging
(DBN)

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Cameras:

GoPro, at risk of bankruptcy, is getting a $20 million loan from its founder and inventor
(DBN)

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  New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Small Business Filings Increase 50% Year-Over-Year in First Half of 2026
(DBN)

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Mass Torts:

Judge orders lawyers in church bankruptcy to take a "haircut," trimming $2.6M off legal fees
(DBN)

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Consolidation:

Substantive Consolidation (Part 2): Derivative Standing For Creditors
(DBN)

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Litigation:

Ohio governor signs bill prohibiting foreign litigation funding
(DBN)

Uber Targets Litigation Funders in Rider, Driver Agreements
(DBN)

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Intercreditor:

Serta Ruling Offers Damages Road Map in Lender-on-Lender Disputes
(DBN)

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Aviation:

Delta expects higher airfare to last, bringing 2026 profit goal in reach, CEO says
(DBN)

Flight instructor jumped midair to his death, left student to land the plane
(DBN)

Wild footage shows violent brawl erupt after drunken passengers were thrown off flight at airport
(DBN)

South Florida’s Palm Beach airport renamed President Donald J. Trump InternationalFloridians bash Trump’s ‘patently absurd’ airport vanity project: ‘Do not like it at all’
(DBN)

Techies and financiers flush with AI cash race to buy private jets
(DBN)

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Healthcare:

California hospital files for bankruptcy protection
(DBN)

Oregon hospital says it is close to insolvency if merger failsNeeds emergency merger approval to avoid insolvency
(DBN)

Nearly 1,000 diagnosed in Michigan outbreak of diarrhea-causing parasite
(DBN)

Upper East Side Legionnaires’ outbreak source remains unknown
(DBN)

9 insurers exiting ACA markets
(DBN)

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Education:

Master’s degrees were universities’ cash cows. Now, they’re under threat
(DBN)

This chart should be a 'wake-up call' about AI cheating, Brown University professor says
(DBN)

West Virginia spent $3M to create university program to fight ‘woke ideology.’ One student is enrolled
(DBN)

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Assisted Living:

Appeals court upholds nursing homes’ conviction, $15M restitution order for staffing, billing fraud
(DBN)

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Wind Energy:

Largest US blade maker targets growth after bankruptcy debt wipeout
(DBN)

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Prediction Markets:

What Prediction Markets Say About 3 of America’s Most At-Risk Brands
(DBN)

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Telecom:

Charter Communications Battles Dish’s Restructuring Plan Following 5G Failure
(DBN)

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Summer Camps:

Camp Mystic: Parents Ready to Send Their Kids in 2027 Despite Tragic Flooding
(DBN)

Camp Mystic families honor daughters as bankruptcy case proceeds
(DBN)

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Telecom:

Telecom stock selloff shows competition is fierce, FCC’s Carr says
(DBN)

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Fraud:

Adani pressed by judge for more details on DOJ move to drop case
(DBN)

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UK:

Britain’s most indebted councils – and how much more you’re paying
(DBN)

Recent lessons in construction insolvency
(DBN)

Four in ten feel ‘mentally exhausted’ by money worries
(DBN)

Luxury square that shows London’s mansions are not selling
(DBN)

Furious Prince Harry attacks judge for 'whitewash' after court defeat
(DBN)

Solicitor who declared that he was a 'horny bastard' struck off
(DBN)

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Canada:

Toronto affordable housing developer trying to avoid bankruptcy amid condo crash
(DBN)

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MENA:

Iran hits US military bases in retaliatory strikes - Targets struck in Bahrain and Kuwait, Tehran claimsIran war takes terrifying turn as US missiles bombard nuclear plant and flights are thrown into chaosShips are still going through the Strait of Hormuz but the situation remains volatileIran rushes out oil exports as tensions with US flare againUS braces for prolonged Iran escalationUS strikes Iranian railway bridges on route to city of Khamenei’s burialUS says Iran talks to continue despite Hormuz skirmishesBombing and Tentative Accord Didn't Work. Does Trump Have Plan C for Iran?
(DBN)

Israel warned US of new Iranian plot to kill Trump: report
(DBN)

Rahm Emanuel says US should end unconditional support for Israel
(DBN)

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Germany:

Germany reaches a deal with the US to buy long-range Tomahawk missiles, Merz says
(DBN)

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Russia:

Ukrainian drones batter Russian oil facilities and set more oil tankers ablaze
(DBN)

Ukraine’s drones are now reaching Siberia and imperiling Russian energy assets
(DBN)

How Ukraine’s drones brought war home to 50mn Russians
(DBN)

Losing in Ukraine, is Putin finally down to his nukes?
(DBN)

Russia Swings to June Budget Surplus on Iran War Oil Rally
(DBN)

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China:

Trump says he expects to host China’s Xi in US around Sept. 24
(DBN)

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Venezuela:

Venezuela earthquakes death toll climbs over 3,800How Venezuela’s ‘Hugo Chávez City’ collapsed
(DBN)

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Spain:

Trump says Spain agreed to pay more after trade embargo threat
(DBN)

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Argentina:

Argentina repays $4bn as it resists return to global markets
(DBN)

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Netherlands:

Fewer businesses went bankrupt in June than a year earlier
(DBN)

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India:

Beyond Commercial Wisdom: The Supreme Court’s Third Phase of Insolvency Law
(DBN)

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New Zealand:

Here's how many New Zealanders are going bankrupt
(DBN)

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Japan:

Japanese companies are going bankrupt again | The reason why
(DBN)

Japan Govt to Support Smaller Firms over Zentoshin FailureZentoshin Bankruptcy Involves 63 Financial CreditorsRestaurants Face Problems Due to Bankruptcy of Credit Card Processor Zentoshin; Possible Cascade of Further Bankruptcies Feared
(DBN)

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South Korea:

Homeplus triggers rush with deep discounts as bankruptcy deadline nears
(DBN)

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Mexico:

TV Azteca Wins Bankruptcy Protection for Debt Restructuring
(DBN)

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