June 18, 2026

The Daily Bankruptcy News

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Due to the Juneteenth holiday, The Daily Bankruptcy News will not publish on Friday June 19, 2026

 

 

Law:

There Are A Bunch More Kirkland & Ellis Associates Than There Used To Be
(DBN)

Elite Litigation Boutique Raises Salaries, And Its Clerkship Bonuses
(DBN)

Silicon Valley’s Go-To IP Boutique Matches The Milbank Scale
(DBN)

Summer Hires Can Leverage AI and Still Produce Signature Work
(DBN)

Former businessman extradited and charged in alleged ‘execution-style’ murders of lawyer and ex-employee
(DBN)

Corporate Law Firms Intensify Competition, Bolster Talent with Strategic Partner Acquisition
(DBN)

When Partners Make Record Money, Associate Raises Usually Follow
(DBN)

Federal judge denies SCOTUSblog founder Tom Goldstein’s bid for acquittal, new trial
(DBN)

As Top Pay Rises, Plenty of Partners See Cuts
(DBN)

Cyberattack Gives Biglaw Firm A New Return-To-Office Excuse
(DBN)

Does AI Give Male Lawyers Better Resumes?
(DBN)

Trump’s DOJ has a credibility problem. Newsom is testing how far it goes.
(DBN)

DOJ sues New Mexico Supreme Court, bar examiners board over refusal to admit military spouse
(DBN)

Trump says illegal immigration increased car insurance premiums. Experts say otherwiseUS in talks with Jamaica to send third-country migrants as rift widens in CaribbeanTrump empties Florida’s alligator Alcatraz as costs soared
(DBN)

How the DOJ Decides Who Gets Charged and Who Doesn’t in America
(DBN)

What life in prison with Ghislaine Maxwell will look like for the ‘Ketamine Queen’
(DBN)

Walmart shopper shot dead after ‘accidentally hitting teen with cart’

Luigi Mangione plans to admit killing healthcare CEO but claim he suffered from ‘emotional disturbance’ in new strategy
(DBN)

Diddy On Track For Even Less Prison Time
(DBN)

New insight into Rex Heuermann’s ‘kill room’ torture makes victim’s family flee LI courtroomGilgo Beach serial killer’s three chilling words before disgusted judge issues sentence‘Happy Face’ killer warns Gilgo Beach killer Rex Heuermann could be ‘tossed to the wolves’ in prison‘A million years isn’t enough': Victims’ relatives confront Gilgo Beach serial killer at sentencing
(DBN)

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Judges:

Furious judge puts Gilgo Beach killer in his place as he scolds ‘despicable, small man’ at sentencing
(DBN)

After more than 200 years, Connecticut nominates Black woman to state supreme court
(DBN)

Orthodox Jew asks Supreme Court to hear case after city allegedly targeted his home prayer group
(DBN)

Study finds law grads are 'stacking' judicial clerkships, curtailing opportunities for others
(DBN)

Suspended judge gets jail time for money laundering campaign funds
(DBN)

Federal Judges Gone Wild
(DBN)

Roy Moore files emergency application with Supreme Court on $8.2 million jury award
(DBN)

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Wall Street:

Stock futures rise as Wall Street tries to rebound from Fed-led sell-off
(DBN)

Dow closes 500 points lower as Warsh’s first Fed meeting sets off surge in bond yields
(DBN)

Wall Street Terrified That SpaceX Investors Will Dump Their StocksSpaceX Stock Continues Decline After Initial SpikeAn army of everyday investors is ready to launch SpaceX into the stratosphereSpaceX adds $1 trillion in value since IPOHere are the odds of SpaceX becoming the world’s most valuable company
(DBN)

Snubbing Nvidia for Adobe costs Florida stock-picker $50 billion
(DBN)

The IPO onslaught is forcing bankers to pick teams
(DBN)

Inside the push to weaken Washington's toughest financial watchdog
(DBN)

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Layoffs:

Less than one-third of global workers feel their jobs are safe, ADP survey data shows
(DBN)

Bungie Reportedly Set To Lose Around 400 Staff
(DBN)

Rivian lays off hundreds of workers days after launching R2 electric SUV
(DBN)

BBC to Cut 550 Jobs in Effort to Save $200 Million
(DBN)

Diageo boss orders executives to cut jobs as restructuring kicks off
(DBN)

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Education:

2026-2027 Best Global Universities
(DBN)

Chinese universities gain ground on UK and US in global rankings
(DBN)

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Retailing:

US Retail Sales Beat Expectations In May As Energy Costs Stay High
(DBN)

Retailer Bed Bath & Beyond is buying a real estate brokerage. What’s behind the move?
(DBN)

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Corporate Governance:

Elon Musk’s Feud With Delaware May Transform Corporate America
(DBN)

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Healthcare:

Federal Trade Commission sues leading transgender health group
(DBN)

MAHA Furious as Kennedy Moves to Ban Their Medicine: Gas Station Heroin
(DBN)

AI medical tools match or surpass doctors for advice
(DBN)

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Wind Energy:

Trump administration to buy back another energy company’s offshore wind leases for 4 more projects
(DBN)

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Education:

Indiana Professor Who Taught Anti-White Supremacy Lesson Loses Job
(DBN)

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Climate:

One of the most powerful El Niños on record cost the world economy $5.7 trillion. The 2026 cycle might be even stronger
(DBN)

Climate change is making once-rare coastal floods more likely, study says
(DBN)

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Maritime:

Hydrogen-Fuelled Shipping Firm Files for Bankruptcy - Ship & Bunker
(DBN)

Ships divert in hunt for fuel after Gulf conflict hits supplies
(DBN)

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Celebs:

Meghan Markle’s Team Pushes Back on Bankruptcy Claims
(DBN)

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Trucking:

Texas-based carrier files for Chapter 7 bankruptcy
(DBN)

The electric vehicle transition gets heavy
(DBN)

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Horse Racing:

Hawthorne Officials Optimistic About Bankruptcy OutcomeHawthorne Bankruptcy Auction Could Happen By August
(DBN)

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Agribusiness:

Gebbers Farms sells to Legendary Fruit amid bankruptcy
(DBN)

Economist breaks down financial stressors behind farm bankruptcy and loan mediation
(DBN)

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Consumer Finance:

Consumer loans grow at slowest pace post pandemic
(DBN)

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Convenience Stores:

Mountain Express trustee fails to reach settlement with former co-CEOs
(DBN)

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Private Credit:

Australia probes private credit lenders, warns on valuations
(DBN)

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Fraud:

US FTC reveals record losses from Imposter scams in 2025
(DBN)

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Economy:

Fed holds rates steady, pares down statement to remove cutting biasFed meeting recap: Warsh announces task forces to overhaul major Federal Reserve operationsFederal Reserve officials tilt towards rate rise as Kevin Warsh era beginsChairman Warsh drastically alters Fed rate statement. Here’s what’s changedCrunching the numbers on Warsh’s lil’ statement statementKevin Warsh’s debut: Hawkish overtones, dovish undertones Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026Jeffrey Gundlach says Fed’s Warsh is not going to be the ‘easy money’ chairman many hoped forFive things to know about Kevin Warsh’s first Fed meeting as chairKevin Warsh puts stamp on Fed with immediate changes to usual routineFed’s Warsh earns points from economists for 'slick' performanceWarsh wants to listen to markets more. Morgan Stanley says markets may regret itThe Fed just threw investors a curveball. Here's how stocks, bonds, gold and the dollar reacted.
(DBN)

2-year Treasury yield rockets higher as many Fed officials signal possible hike this year
(DBN)

Did Warsh and Vance just open the door to higher inflation?
(DBN)

US retail sales jump in sign consumers are weathering gas shock
(DBN)

The Iran War Permanently Altered the Global Economy
(DBN)

Mom and dad are both breadwinners in most families for first time
(DBN)

Lawmakers Push New Social Security Bills to Avert Insolvency
(DBN)

Trump Faces G7 After Year Of Trade Wrath, Diplomatic Bluster'I'm The Boss', Trump Tells G7 Counterparts
(DBN)

Trump poised to roll out new tariffs as he refunds the old ones
(DBN)

Trump says he "would rather not have" his North American trade deal
(DBN)

10 things Elon Musk can — but probably won’t — do with $1 trillion
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Why so many Americans can’t afford housing anymore
(DBN)

HGTV couple admits they were homeless while starring on reality show but hid hardships from production
(DBN)

Housing Starts: Average Length of Time from Start to Completion Still Very Elevated for Multi-family in 2025
(DBN)

Office Properties Income Trust emerges from bankruptcy
(DBN)

Kanye West’s former Malibu home slated for foreclosure, again
(DBN)

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Municipalities:

As American cities grapple with homelessness, one offers a fix
(DBN)

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Oil/Gas:

Gas dips below $4 a gallon after months of pump pain
(DBN)

How the oil market shrugged off the Iran crisis
(DBN)

War drains oil inventories to critically low level at US hub
(DBN)

The Diesel Demand Shock Nobody Is Pricing In
(DBN)

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Autos:

Premium Guard Inc. Completes Phase 2 Acquisition of First Brands Group Assets, Expanding U.S. Manufacturing, R&D, Distribution and Workforce Capabilities
(DBN)

Carvana’s new-car push aims to upend traditional dealerships
(DBN)

BMW forecasts margin as low as 1%, sending stock tumbling
(DBN)

Tesla Allegedly Showed Cooked Data to Get Full Self-Driving Approved
(DBN)

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Politics:

Tracking approval and key issues
(DBN)

Swamp Thing: Algae mess with Trump's pool projectTrump promised clear water. The reflecting pool went green.
(DBN)

Krugman: Power and Geopolitics After Trump
(DBN)

Trump threatens to pull unemployment benefits from all states for the first time in history
(DBN)

Trump’s Iran Nuclear Deal Risks Falling Short of Obama VersionTrump Criticized Obama’s Iran Deal, but New Deal Would Also Offer Tehran Relief Trump settles for Iran deal that falls short of his promises Trump blows through his Iran red lines in justifying peace dealTrump hits back at critics as Iran peace deal fuels debate over U.S. concessionsDonald Trump to release Iran’s frozen funds and ease sanctions when ‘they behave’ Donald Trump says US will not invest in $300bn fund for IranUS-Iran deal takes effect as focus turns to Strait of HormuzTrump Defends Deal to End the War With Iran as Details Emerge Full text of U.S.-Iran memorandum of understandingFinal US-Iran peace deal reveals significant concessions on Hormuz, Lebanon, nuclear language Trump breaks with decades of US policy in jaw-dropping confession that Iran will have missiles as part of peace deal'Ummm…': Trump's 'erratic' speech sparks concerns he's 'exceedingly unwell' MAGA hawk mutiny deepens Trump's isolation on IranRubio’s Two-Day Absence: Secretary’s Media Silence Is a Flashing Red Sign Trump’s Iran Deal StinksU.S. and Iran discuss moving up signing of deal, sources sayIran deal could be scrapped if there is ‘utter meltdown’ over terms, JD Vance says as Trump warns of ‘dropping bombs’‘Reagan is Rolling Over in His Grave!’ GOP Senator Takes a Flamethrower to Trump’s Iran Deal — Calls it ‘Worst Foreign Policy Blunder in Decades’Trump’s Iran Agreement Draws More Alarm Than Relief From GOPTrump says he likes idea of blaming Vance if Iran deal doesn’t work outTrump in DefeatUS officials say Iran deal calls for diluting uranium at minimum, waiving sanctions, opening straitTop Democrats demand Rubio briefing on Iran dealFirst tankers cross strait after Iran deal; Israeli strikes stir doubt in Lebanon
(DBN)

Trump Seeks To Assert Authority Over Rebellious Republican Senators
(DBN)

Trump delays his own national intelligence nominee, fueling tension with fellow RepublicansRepublican senator defies Trump's order to cancel Senate hearing
(DBN)

Subcontractors say they’re owed millions, face financial ruin, after helping build Obama Presidential Center
(DBN)

'Un-American': Democrats attack Trump's uneven disaster response
(DBN)

Senate threatens to freeze Hegseth’s travel in bid for boat strike videos, Iran school strike probe
(DBN)

Sewer socialism is flowing through America's cities
(DBN)

American pride has fallen off a cliff
(DBN)

Trump-backed pastor quits after kissing scandal with Miss OklahomaTrump Rescinds Endorsement of Right-Wing Pastor After Texting Scandal
(DBN)

Jeff Bezos told Trump the Washington Post was his worst investment before slashing staff: ‘People there are terrible’
(DBN)

Georgia Republican legislative leaders reject governor’s call for 2028 redistricting
(DBN)

Trump Feuds With Thune and G.O.P., Stoking Election-Year Rift
(DBN)

‘National Narcissism’ Linked to Rising Stress in Young Adults
(DBN)

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Sports:

LIV CEO lays out plans to keep league alive
(DBN)

Knicks title run could mean windfall for distressed investors in MSG Networks — with a catch
(DBN)

The World Cup is a festival for corporate has-beens
(DBN)

Texas Tech Quarterback’s College Career Over After Getting Caught Betting on His Own Games
(DBN)

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Consumer Finance:

Citigroup’s Card Delinquencies Decline, Charge-Offs Rise in May
(DBN)

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Summer Camps:

Bankrupt Camp Owner Wins Access to Cash Days Before Kids Arrive
(DBN)

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Social Media:

Doctors issue warning over reemerging 'Benadryl challenge' that's sending kids to the hospital
(DBN)

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Furniture:

Sleep Number to be delisted from Nasdaq following bankruptcy filing
(DBN)

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Comic Books:

A Hollywood movie, a Beverly Hills mansion and a lender lawsuit — Inside the debt-fueled war for Archie Comics
(DBN)

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Debt Collection:

Massachusetts Court Orders Alleged Phantom Debt Collectors To Cease Operations
(DBN)

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Collectibles:

Tupperware bankruptcy fuels surge in vintage collectibles market
(DBN)

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Telecom:

Optimum creditors have leverage to challenge troubled telecom’s controversial asset transfers
(DBN)

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  New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (10 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Plan Confirmation:

Chief Bankruptcy Judge Halfenger Adopts Treasury Rate for Till’s Formula Approach in Chapter 11 Hotel Cramdown
(DBN)

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Venue:

A New Restructuring Playbook: Why Private Credit Lenders Should Watch England
(DBN)

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Mass Torts:

Bayer wins fight to keep Roundup settlement in Missouri
(DBN)

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Aviation:

Spirit’s LaGuardia Slot Sale Kicks Off High-Stakes Airport Fight
(DBN)

Congress to hold hearing on US airline competition, regulation
(DBN)

Flying in the US is now the worst it’s ever been
(DBN)

Struggling JetBlue shuts down key Newark, LaGuardia operations as New York airport costs soar
(DBN)

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Tech:

Anthropic export ban sounds alarms for AI industryAnthropic ban forces investor rethink of political risk
(DBN)

Trump and AI CEOs discuss global AI rules
(DBN)

Inside the White House's AI power center
(DBN)

Arizona emerges as test case for AI's energy and water crunch
(DBN)

Nearly 80% of data center capacity at high risk to things like flooding and fire, study says
(DBN)

Godfather of AI blasts Musk’s xAI as ‘failure,’ says labs are risking a ‘big bubble explosion’
(DBN)

OpenAI Is Taking the “Crack Cocaine” Approach to Pricing
(DBN)

Pentagon science chief describes future of war
(DBN)

The Cloud Has Sound: The Unrelenting and Unseen Cost of A.I. Data Centers
(DBN)

$1 billion+ tax giveaways: The backlash against data center incentives
(DBN)

Bernie Sanders unveils plan to give the public direct ownership of AI companies
(DBN)

Ohio Police Fire Robocop for Helping Make Zero Arrests and Failing to Issue a Single Ticket
(DBN)

Anthropic boss tells G7 leaders to ‘resist the temptation to splinter’ over AI
(DBN)

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Entertainment:

Interactive. Violent. Gross. Inside Fishtank, the Unhinged Future of Reality TV
(DBN)

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Software:

Thoma Bravo hands Medallia to lenders in one of private equity’s biggest losses
(DBN)

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Crypto:

Bankman-Fried Quest for Trump Pardon Hits Congress Pushback
(DBN)

Michelle Bond faces campaign finance charges linked to FTX after judge denies dismissal bid
(DBN)

SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?
(DBN)

FTX Bankruptcy Estate Faces Billions in Losses After Early AI Startup Sales
(DBN)

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Video Games:

Life is Strange creators face possible bankruptcy as financial outlook worsens
(DBN)

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Food/Beverage:

How Pizza Hut fell from stuffed-crust glory to corporate castoff
(DBN)

Private equity's pizza past
(DBN)

Fat Brands lenders take over the company
(DBN)

Future of all 115 Twin Peaks locations confirmed after sports bar filed for bankruptcy
(DBN)

Subway Franchisee Files for Chapter 11 Bankruptcy and Closes Multiple Restaurants
(DBN)

Louisiana’s Bayou Rum Gets a New Recipe After Its Parent Company, Stoli Group, Files For Bankruptcy
(DBN)

High gas prices soak up more retail-sales dollars - and restaurants are paying the bill
(DBN)

'I'm absolutely terrified': Food pantries buckle as SNAP cuts hit veterans, other groups
(DBN)

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UK:

UK travel agency plunges into liquidation after more than 40 years in business
(DBN)

UK holiday park company plunges into administration - in business since 1967
(DBN)

Inflation holds at 2.8% in May – industry reaction
(DBN)

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EU:

BMW sounds the alarm as China squeezes Europe’s carmakers
(DBN)

Finland Lifts Nuclear Weapons Ban as Security Risks Grow
(DBN)

US asks Europe to plug NATO’s military gaps as it withdraws
(DBN)

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Canada:

Judge rules Guelph developer Scott Reid will not be allowed to walk away $77M in debt
(DBN)

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Sri Lanka:

Sri Lanka’s new insolvency law comes into force after Speaker’s endorsement
(DBN)

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MENA:

Iran says the deal to end the war with the U.S. requires Israel to withdraw from Lebanon
(DBN)

Iran’s battered economy will take years to recover from the war
(DBN)

Netanyahu, Israel's arch-survivor, set to face voter fury over Iran dealNetanyahu Finally Learns the Truth About TrumpNetanyahu fumes, allies rage over Trump's Iran deal
(DBN)

Trump defends his Iran deal, criticizes longtime ally Israel as G-7 ends
(DBN)

Recovery Of Ship Traffic In Hormuz Limited, But Signs EmergeWhat Happens When The Strait Of Hormuz Re-opens?
(DBN)

U.S. Will Waive Oil Sanctions That Have Long Crimped Iran
(DBN)

‘Mistakes Are Made,’ Trump Says About Deadly U.S. Strikes on Iranian School
(DBN)

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Cuba:

Cuba's historic homes teeter on brink as economy collapses
(DBN)

Cuba's Communists Meet To Fast-track Liberal Reforms
(DBN)

Air Canada Suspends Cuba Operations 'Indefinitely'
(DBN)

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Australia:

Australian Insolvency Levels Remain Elevated as SME Directors Face Tighter Restructuring Conditions
(DBN)

HSBC fined over Australian scam failures
(DBN)

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China:

China’s $300 billion pile of bad consumer debt threatens economy
(DBN)

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Denmark:

Competitor snaps up bankrupt Danish furniture maker in surprise deal
(DBN)

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Sweden:

Historic Swedish furniture retailer files for bankruptcy after 120 years
(DBN)

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Germany:

German furniture industry struggles as Interlübke insolvency highlights sector-wide pressure
(DBN)

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Brazil:

DIA exits bankruptcy protection as losses hit R$376m
(DBN)

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