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In Retrospect: Poland, Russia, Europe

In April I spent a few days with Zryw, a Polish non-profit organization that recruits young people to enter politics and public life. Their aim is to build a new generation of civic leaders in Poland. I’ve followed their evolution from the beginning; my son is one of the founders. (“Zryw” means “impulse” or “burst of speed” in Polish). Julie Chmielewska, one of Zryw’s leaders, interviewed me at the event. Here is the conversation, lightly edited for grammar and context: Julia Chmielewska: Assuming that culture shapes institutions, could we conclude that some cultures are more prone to authoritarianism? Anne Applebaum: I don’t think so. Every culture, every nation, and every country has the potential for change. When we look at history, we can see that nations do change. Poland has changed, for example, from the 1980s to today. There’s a completely different mentality here than the one I encountered when I first visited, in 1988. The current generation sees the world through a different frame. So no, I don’t believe that certain nations are doomed to authoritarianism, or to anything. Of course, there are political and cultural traditions, but they can always be challenged. JC: So do you think there’s something intrinsic in human nature that pushes people to democracy, freedom? AA: I think there is something in human nature, a deep instinct, that pushes people towards freedom, yes. People who live in authoritarian countries – and I’ve heard this from them over and over again – sooner or later find themselves angered by a feeling of helplessness. They can see the unfairness of crooked courts, irrational political decisions. They naturally dislike the fact that somebody has all the power while they have none. In those circumstances, people who have no political background at all sometimes are politicized just by that frustration. I’m thinking of Svetlana Tikhanovskaya, for example, who was a Belarusian housewife, until the circumstances of her husband’s arrest forced her to become a politician. I met a woman who is a Uyghur from China, and who had come to live in Turkey. After several of her family members were arrested, she too was propelled into a political role. These kinds of experiences make people interested in democracy or political reform, even if they thought they didn’t care. I also think that the opposite is true: some people instinctively prefer homogeneity, order, hierarchy. They don’t like the confrontation of opinions or the noise of debate, and they lean towards a single leader or a unified regime. I think that most of modern history is shaped by the clash between those two different sides of human nature. JC: Which force do you find more powerful today? AA: I think they both have a lot of power and there’s no way of predicting who wins. Even in countries that seem very shut off or stuck in an authoritarian system can change. We’ve seen that happen. And vice versa, I think democracies can also begin to fail and slide into authoritarianism. So it’s very important not to be complacent in either direction. JC: I want to go into your history and your experiences. You’ve lived in Russia during a time of incredible change in the late 80s, and then you came back to do research in post-Soviet Russia. AA: I was a student in Russia just before the collapse of the Soviet Union. I then traveled and worked there extensively in the 1990s, and I met people who really were full of hope. They hoped that Russia could become a democracy, or at least a place that guaranteed freedom of speech, freedom of the press. These weren’t ideas that came from Washington. Although now the narrative in the Kremlin is different, I met many people who were working towards exactly that kind of transformation. A friend of mine ran a series of seminars – once a year, and then later several times a year, in cities all over Russia – designed to get people to discuss politics in new ways. She invited young politicians and journalists, as well as foreigners. I went to many of them, in Moscow as well as Volgograd and Novosibirsk. Over two decades, hundreds of people came to these seminars, and all of them wanted Russia to be different. I remain convinced that many Russians still want Russia to be different. It’s just that the old system, in the form of Putin, a representative of that system, returned. The KGB reimposed their power. And this wasn’t because of something to do with culture, this was to do with money and politics, and who was in charge. JC: You’ve partially answered my question... I wanted to ask whether that excitement of the 1990s was an exception from the Russian historical norm which has been rather authoritarian? AA: Of course, if you look at the history of Russia since the 18th century, there have always been liberal groups, reformers and revolutionaries. There were the Decembrists, in the early 19th century, and the rural populists later on, who tried to organize the peasantry. A significant group of liberal Russians appeared at the turn of the 20th century, people like the father of the writer Vladimir Nabokov, who was a Russian politician before the revolution. These groups were small in number, but sometimes had a broader significance. The Russian dissident movement in the 1950s and 1960s actually invented the modern human rights movement. It was their idea to hold the leaders of the Soviet Union accountable for the language they used, to remind them of the treaties they had signed and the promised they had made. They created the Helsinki group, for example, that held Soviet leadership to the language of the Helsinki Treaty, which formally ended the Second World War and which contained guarantees of human rights, at least on paper. That idea spread to Eastern Europe, and similar tactics were used here in Poland. (Benjamin Nathans recently wrote a great book about the Soviet dissidents, To the Success of Our Hopeless Cause) JC: But seemingly, even if they do ever get power, they could never hold on to it. AA: We don’t know, because they have never really had power. But in any case, we also don’t know what will happen in the future. There is no reason to assume that Russia will forever be condemned to totalitarianism. Even during the first fifteen years of Putin’s regime there was some form of democratic politics. Only when the full-scale war began did he bring everything to an end: he shut down all remaining independent organizations and killed his most important opponent, Alexi Navalny. But does that mean he is popular, that he enjoys legitimacy? Even now, we don’t really know what Russians think about him, or about the war. There is no way of doing real polling in Russia because nobody will answer an independent pollster over the phone. JC: Do you think that the flock of young people, especially young men, who fled Russia after the start of the war represent a continuation of liberal movements that refuse to partake in the authoritarian state, or do you think they are moving for the sake of self-preservation – “I don’t want to go to the army, so I leave”? AA: I’m sure it’s both. I actually know many people who left Russia for political reasons either in the very last years before the war, or else just after the war began. JC: And do you see a change in the young generation versus the old one that have fled? AA: It’s hard for me to say because the people who I know were mostly already politicized. I do know some younger people who left, but most of them were already either active in the opposition, or working as journalists. Many of them very self-consciously think of themselves as maintaining Russian culture abroad, just as in the 20th century the Soviet dissidents or the anti-communist White Russians once thought of themselves as people who maintained the true Russian culture, outside of Bolshevik Russia. JC: Let’s move on to Poland. One of your first experiences with Poland was reporting on Margaret Thatcher’s first state visit, in the autumn of 1988. You followed her around the farmers’ market. AA: She was making a symbolic gesture. She wanted to welcome free markets, but the only one she could really visit was the farmers’ market at Hala Mirowska. JC: And I want to talk about this area because today you can look out of any window in that district, Mirów, and see rows and rows of skyscrapers. How does it feel to see a country built from the ground in such a short time, both politically and economically? AA: You know, when you’re living in a period of dramatic change, it’s always hard to know whether the change is positive or negative. The transformation in Poland created winners and losers, as well as new classes of people, new political movements of different kinds. At the time, it sometimes just felt like turbulence. Now, we can look back at the 1990s and early 2000s in Poland and see in retrospect that the country was headed in towards prosperity and European integration. In around 2009 or 2010, I remember speaking to a woman who worked cleaning government offices, and who asked me if her daughter should study in Amsterdam or in London. This seemed to me to be a real transformation, and it happened very fast: within a few years, Poles stopped feeling like second-class Europeans, and a generation of younger Poles appeared who had no qualms about crossing borders. JC: We again live in turbulent times. Do you think we’re heading towards positive outcomes? AA: I can’t make predictions, because everything that happens tomorrow depends on what people do today. Also, history doesn’t have a trajectory. It doesn’t move in a particular direction. You only think it does afterwards. As I said, you can look afterwards at Poland in the 1990s and you could say this was a period of great progress. But not everybody at the time saw that. Sometimes people are very wrong about a given country’s trajectory. I remember people writing about Ukraine in the 1990s, about how dangerous it was that Ukraine was independent, that this was going to be an anti-semitic state, that Ukrainian nationalism was going to come back... and although you can say many bad things about Ukraine, the country made many bad choices, actually it became a pretty tolerant state which now has a Jewish president and until recently a Muslim defense minister. JC: In the 1990s Poland’s and Ukraine’s GDP were roughly similar. Ukraine was even a bit richer. So the starting point was similar for both of these countries, but they’ve turned out very, very differently. Even if we stop in 2014. Why do you think Ukraine “chose East”? Was it external influence? AA: No, I think Ukraine was in a different position. First of all, central and eastern Ukraine had been part of the Soviet Union since the 1920s, and had therefore experienced a longer period of occupation, repression, Sovietization and even Russification. Ukraine did not have, as Poland did, an alternative elite: a large cadre of economists and politicians, who already had some experience in opposition politics and in independent thinking. In Poland, the transformative finance minister, Leszek Balcerowicz, had already thought about how an economy might be decentralized before he took office. We can argue about how successful he was, but at least he was prepared to try something new. In Ukraine, people weren’t prepared. For one, there hadn’t been much space even for an illegal opposition in the previous couple of decades. Ukraine was also in many ways still emerging from colonial occupation. For the previous couple of centuries, many of the most capable Ukrainians had moved to Russia, and the first generation of leaders in independent Ukraine tended to be former Soviet apparatchiks. They didn’t immediately seek to become closer to western Europe. Instead, they looked for some kind of economic and political “third way” and an accomodation with Russia. Ukraine became stuck in this position, half-in, half-out and became pretty profoundly corrupt. JC: The Polish alternative elite had a vision of where they wanted the country to go. I think the general perception now is that this vision ends with the next election, right? Is this a natural process of gaining power? AA: Their vision, and it was shared by the time by politicians who now call themselves both left and right, was that Poland should join the EU and NATO, as fast as possible. My husband (Radek Sikorski) was in the very first government that said it wanted to join NATO. At the time this was taken very badly in Washington: the demand for NATO membership absolutely came from Poland, not from the US. But even then, in the early 1990s, many Poles already understood that the Russian sphere of influence would grow once again, that it was important to become part of the transatlantic alliance and an integrated Europe as fast as possible: NATO, the EU, the Council of Europe, all of the trading and security alliances. That consensus lasted through several different governments and over many years, even governments containing former communists. For twenty years, right, left and center disagreed about many things, but they all agreed on the direction that the country should go. In retrospect, that consensus created the basis for prosperity in Poland. JC: And regarding the Polish-Ukrainian relations. We know that antagonisms, e.g. the myth of Wołyń [a massacre of Poles that took place in what is now Western Ukraine, in 1943] are increasingly used in Polish political discourse today. In Ukraine, nationalist historians make heroes out of UPA, the Ukrainian revolutionary army, which is held responsible for this tragedy. Where do you see a start for burying the hatchet? Is the reconciliation of our nations possible? AA: So here’s a strange thing: For more than a decade after they both gained independence, Poland and Ukraine participated in a number of projects that were designed to solve exactly these kinds of Polish-Ukrainian differences. Books were published that were jointly written by Polish and Ukrainian historians, monuments were built. These projects were successful: If you’d asked me this question in 2010, I would have said that there are no real historical issues between Poland and Ukraine, that the two countries had mostly reconciled. For a number of reasons, this began to shift. In Poland, children and grandchildren of victims of the Wołyń massacre felt their tragedy hadn’t been fully recognized. In Ukraine, nationalist groups wanted the UPA partisans who had fought against the Soviet Union recognized for their heroism, despite the fact that some in this broad and not well-defined group were also linked to Wołyń. In both eastern Poland and western Ukraine, the memory of the ethnic cleansing that took place there in the late 1940s - Poles were moved West, Ukrainians East - to accomodate new borders has left feelings of displacement and bitterness. The wave of Ukrainian immigration, which started before the war, may have provoked some of this. But don’t underestimate the role played by Russia, which has always wanted to create discord between Poland and Ukraine, and pumps out propaganda to that effect in both countries. Vandalism on both sides of the border, damage done to cemeteries and monuments, is sometimes carried out by provacateurs working for Russia, just to create bad feelings. The Polish-Ukrainian conflict also hides a different reality: although there are real grievances and bad memories, the truth is that the biggest tragedies both nations experienced in the twentieth century were inflicted by the Soviet Union and Nazi Germany. That should unite these two countries, not divide them. JC: This week (19.04.2026 – Ed.) in Hungary we saw that using historical narratives to create grievance has no longer worked. Are you optimistic about the direction after Orban’s loss? AA: The Hungarian election was really important because it shows that people can actually resist powerful, dominant propaganda. The ruling party Fidesz controlled all of the TV, 90% of the newspapers, the constitutional court, the bureaucracy... and yet people had the nerve to vote against it and resist it. It’s also an important election because Hungary created a huge network of well-funded think tanks and foundations that were funding other far right groups and projects. So that loss is going to have a knock-on effect in other places too, maybe even in Poland. JC: What you’ve said about resisting propaganda reminds me of one of the interviews you did about talking to Russians in the post-Soviet era who claimed that people knew that the system was lying. Why do people choose to believe in these regimes anyway? AA: Because it’s useful. Stephen Kotkin, an American historian, once described how people would learn how to “speak Bolshevik”: It was just a language that you needed to use in order to get by in society. If you didn’t talk the way the regime wanted you to talk, then you might have problems, or lose your job, or your kids would not get into university. It was a way of getting along. Communist Poland was similar, at least in the early years. When I was writing a book about the Sovietization of Eastern Europe after World War II, I met a lot of people who wanted to talk a lot about the war, when many of them had done really heroic things. But almost nobody wanted to talk about the decade afterwards, between 1945 and 1956. This was when you had the short period of terror, violence and Polish Stalinism. To stay safe, people felt the need to just go along with what others were saying, or stay out of politics, or use communist jargon without necessarily believing it. I don’t judge them for it, and I wouldn’t describe all of those people as collaborators. It’s easy to feel moral certainty in retrospect, because we know that communism ended. But if you were living in 1949, it might not have been clear to you that communism was going to end. In very repressive societies, maybe about 10% of people who are really evil – collaborators, torturers. Maybe 10% of people are really brave and who find ways to resist. And then around 80% of people have kids, they have parents, they have to have jobs and they’ve had to get through it somehow. Strange though it may sound, I’ve found that the work I did on that book is now very useful in explaining some of what’s going on in the United States today. There are plenty of members of the Republican Party in Congress who know perfectly well that Donald Trump says many things that aren’t true. But they avoid criticizing him because it’s inconvenient, because they would get in trouble, because someone would attack them on the internet. So actually you don’t even need mass terror to get people to conform. JC: Is Gen Z reinventing agency? AA: We’ll see. In any generation you can find groups of people who want agency. If you live in a society that’s unfair, for example where a tiny number of people have captured most of the wealth, then at a certain point people rebel. This is always easier for younger people, who have you have less to lose. The question now is how the internet will affect the relationships between citizens and the state, and how it will change organizations. The “Twitter revolutions” people spoke about as early as 2008-9, mass protests organized online, have often proved to be very superficial. Although you can easily join something just by clicking, the work of creating a real movement requires physical participation. Successful mass movements of the past, for example the Civil Rights movement in the United States, were built by people who had spent many years together. They had participated in non-violent workshops together. They practiced and prepared. Just using the you can get everybody to show up at a certain moment, but then when the protest is broken up, nothing happens. It’s also true that the repressive regimes have more recently learned how to use the internet to undermine leaders and movements. Most of all, they now understand how to make people cynical. The form of propaganda that most modern authoritarians use - and I think the Russians really pioneered this - deploys sneering cynicism. Instead of praising the rulers, the regime propagandists mock the opposition movement leadership for being supposedly corrupt or sexually degenerate, with the goal of undermining any kind of idealism. JC: MAGA grew on the internet? AA: MAGA is a real grassroots movement. They had symbols, red hats, they showed up at rallies. But you’re right that the cynicism, the sarcasm and the distrust that the movement embodies came originally from the internet, and this is different. Fifty years ago, most European political parties had a social base in real organizations, in trade unions for Social Democrats, in church groups for Christian Democrats. As people stopped going to church and as the trade unions became smaller, the social base of these parties disappeared. Now people who wouldn’t have known one another in the past meet on the internet and create new movements, many of which don’t last. JC: Is history ending? Going in stale circles? AA: History never ends. In truth, human beings want contradictory things at the same time: order and freedom, stability and change. These things are never resolved, and when a society swings too far in one direction, people always push it the other way. But each time that happens, the result is different. Certainly it is true that we are now in a period when old philosophers and ideas from the 1930s are undergoing a revival. Carl Schmitt, who was a philosopher who was very influential on the Nazis, is back as an influence on both the far left and the far right, once again inspiring people to think that all politics has to be existential, that all politics is about defining and defeating enemies. In the US, some are also bringing back dominionism, the idea that we need a Christian and not a secular state. It’s also true that we are living through a more fundamental shift. The old left-right divide, which was mostly about the size of the state, is much less important now. Instead, we are arguing about more fundamental things: what are our rights, what protects our freedom. Or how much power do we want to give small elites, versus how much power to give ordinary people. In America a small group of very wealthy people now control information, because they control the social media platforms and AI, which means they determine what people will read and learn. Finding a way to preserve preserve zones of autonomy and independent thinking, this is going to be the main task for the next generation. JC: What is the one book that a person interested in Central Europe should read? AA: You could read my book “Iron Curtain: the Crushing of Eastern Europe” which tells the story of how the Soviet Union imposed its culture on the region. Or read Tim Snyder’s history of the region, “The Reconstruction of Nations: Poland, Ukraine, Lithuania, Belarus 1569-1999.” And everyone should read “The Captive Mind” by Czesław Miłosz, which describes exactly the phenomenon we were talking about: why do people collaborate? I joined Scott Galloway and the brilliant Fiona Hill in a discussion about the wars in Ukraine and Iran, the future of global power, and what these conflicts reveal about America's role in the world. 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Business Restructuring Review Vol. 25 No. 3 May-June 2026

In This Issue Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief In In re Siu-Fung Ceramics Holdings Limited, No. 24-33299, 2026 WL 382424 (Bankr. S.D. Tex. Feb. 10, 2026), the court denied petitions for chapter 15 recognition of Hong Kong bankruptcy and liquidation proceedings commenced on behalf of an individual debtor and a group of companies that he owned or controlled. According to the court: (i) the corporate debtors' Hong Kong liquidation proceeding was not eligible for chapter 15 recognition because the attorney retainer upon which such relief was based was not funded until nine months after the chapter 15 petition date; and (ii) the individual debtor's Hong Kong bankruptcy case could not be recognized because the debtor's "center of main interests" on the chapter 15 petition date was not in Hong Kong, and he did not even maintain an "establishment" there. [read more …] Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions In In re Container Store Group, Inc., 676 B.R. 356 (S.D. Tex. 2026), appeal filed, No. 26-20166 (5th Cir. Apr. 14, 2026), cross appeal filed, No. 26-20166 (5th Cir. Apr. 24, 2026), the U.S. District Court for the Southern District of Texas addressed consensual third-party releases and gatekeeping provisions in the aftermath of the U.S. Supreme Court's ruling in Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024). Consistent with existing Fifth Circuit precedent, the court confirmed that, in appropriate circumstances, consent for third-party releases may be obtained through a creditor's failure to opt out of granting that consent. But, the court ruled, consent through an opt-out mechanism essentially can never be inferred for creditor classes that stand to receive no recovery under a chapter 11 plan and that are deemed to reject the plan by operation of applicable bankruptcy law. Instead, those classes must affirmatively opt in to any release. The court also narrowed and remanded the bankruptcy court's acceptance of a broad gatekeeping provision, ruling that such provisions must correspond to the restrictions established by Fifth Circuit precedent. [read more …] Delaware Bankruptcy Court: Initial Transferee Need Not Be Defendant in Fraudulent Transfer Avoidance and Recovery Litigation The Bankruptcy Code gives a bankruptcy trustee the power to avoid asset transfers that are either made with the intent to defraud creditors or that are "constructively" fraudulent because an insolvent debtor did not receive adequate value in exchange. The Bankruptcy Code also permits recovery of an avoided transfer from not only the initial recipient, but also from subsequent transferees. Courts disagree over whether a transfer must actually be avoided before the trustee can seek recovery from a subsequent transferee and whether the initial transferee must also be a defendant in the recovery litigation against a subsequent transferee. The U.S. Bankruptcy Court for the District of Delaware weighed in on this debate in Phillips v. SS Associates LLC (In re ONH AFC CS Investors, LLC), No. 23-10931 (CTG), 2026 WL 312892 (Bankr. D. Del. Feb. 4, 2026). The court adopted the majority view, ruling that the initial transferee need not be a defendant in avoidance and recovery litigation against a subsequent transferee, but that the trustee must establish the elements necessary to avoid the initial transfer as part of the recovery litigation. [read more …] New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions In order to assume and assign an executory contract or unexpired lease, a bankruptcy trustee must cure most defaults under the agreement and provide "adequate assurance" of the assignee's future performance. However, the Bankruptcy Code provides no guidance as to the meaning of "adequate assurance" other than with respect to shopping center leases. In In re Broadway Realty I Co. LLC, No. 25-11050, 2026 WL 147505 (Bankr. S.D.N.Y. Jan. 19, 2026), the U.S. Bankruptcy Court for the Southern District of New York examined this issue in connection with a proposed assignment of thousands of residential leases as part of a free-and-clear sale of debtors' properties. The court held that "adequate assurance" does not mean a guarantee of the assignee's future performance, but merely demonstration that the assignee has the ability to satisfy the underlying obligations. The bankruptcy court also ruled that an exculpation provision in the debtors' chapter 11 plan exonerating non-estate fiduciaries from liability for actions taken in connection with the chapter 11 case was unobjectionable, provided it was limited in scope to postpetition conduct and actions taken in connection with implementation of the plan after its effective date. [read more …] Newsworthy Corinne Ball (New York) (Hall of Fame), Bruce Bennett (Los Angeles), Carl E. Black (Cleveland), Jeffrey B. Ellman (Atlanta), Brad B. Erens (Chicago), Gregory M. Gordon (Dallas), Heather Lennox (Cleveland/New York), Joshua M. Mester (Los Angeles), and Kevyn D. Orr (Washington) were included in the 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers. The Daily Business Review selected Isel M. Perez (Miami) as an "On the Rise" winner for the Florida Legal Awards. The Florida Legal Awards annually recognize those who have made significant contributions to the legal industry in Florida. Dan T. Moss (Washington/New York) was inducted as a Fellow in the 37th Class of the American College of Bankruptcy at its Annual Meeting in March 2026 in San Antonio, Texas. Christine Borries (Munich) was ranked in the practice area Restructuring/Insolvency in the 2026 edition of Chambers Germany. The 2027 edition of The Best Lawyers in Singapore™ recognized Sushma Jobanputra (Singapore) in the practice area Insolvency & Reorganization. The restructuring transaction involving Eissmann Automotive North America, Inc. received the "2025 Turnaround of the Year (Large Company)" at the Turnaround Management Association (Detroit) Annual Awards Reception. T. Daniel Reynolds (Cleveland) and Nick Buchta (Cleveland) represented subsidiaries of Eissmann Group Automotive in connection with the parent company's German insolvency proceedings. Roger Dobson (Sydney) is among 40 Jones Day lawyers recognized by The Best Lawyers in Australia 2027 for his contributions in Banking and Finance Law; Distressed Investing & Debt Trading; Insolvency and Reorganization Law; Litigation. An article written by Corinne Ball (New York) titled "Ard Finance—A Global Enterprise Combining an LME With a Foreign Insolvency Proceeding and Chapter 15" was published in the April 21, 2026, edition of the New York Law Journal. An article written by Alex Sapp (New York) titled "Recent Developments in Section 510—Subordination" was published in the 2025 edition of the Norton Annual Survey on Bankruptcy Law. An article written by Brad B. Erens (Chicago) titled "New York Bankruptcy Court Approves Insider DIP Litigation Financing" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Corinne Ball (New York), Dan T. Moss (Washington/New York), David S. Torborg (Washington), and Isel M. Perez (Miami) titled "New York District Court Affirms Narrow Scope of 'Public Policy Exception' in Chapter 15 Cases" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Jeffrey B. Ellman (Atlanta) titled "Statutory Cap on Lease Rejection Damage Claims in Bankruptcy Applies to Solvent Debtors" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Trisha L. Mowbray (Real Estate; Chicago) and Ryan Sims (Washington) titled "Chapter 11 Plan that Abridged Non-Debtor Lessee's Rights to Remain in Possession After Rejection Unconfirmable as Having Been Proposed in Bad Faith" was published on April 6, 2026, by Lexis Practical Guidance. Lawyer Spotlight: Ben Rosenblum Ben Rosenblum, a partner in the New York Office, represents debtors, creditors, and other parties in out-of-court restructurings and court-supervised proceedings, including chapter 11 cases, municipal bankruptcies, international insolvency matters, and stockbroker liquidations. His experience spans industries such as manufacturing, shipping, mining, aviation, energy, real estate, and telecommunications. Ben's notable debtor representations include Peabody Energy, the City of Detroit, Chrysler LLC, Spansion Japan, and Dana Corporation. Significant creditor representations include General Maritime Corporation, Calpine Corporation, American Home Mortgage, and Murray Energy. He currently represents creditors in Puerto Rico's restructuring. He also has extensive experience advising financial institutions on bankruptcy law as applied to derivatives.

Jun 10 • 8:00 AM EDT • Business • jonesday.com

SpaceX Owns a Real Business That Makes Big Money

A simple view of SpaceX is that it’s a low-cost rocket launcher that created the profitable Starlink satellite business and which is now burning cash to build orbital data centers and colonize Mars. Starlink doesn’t have the lead role in SpaceX’s $1.8 trillion initial public offering. But it is the real business inside the company, and the telecoms industry and its regulators can ill afford to be complacent about the disruptive threat it poses.

Jun 10 • 6:30 AM EDT • Business • bloomberg.com

GM Doubles Down On Energy Business To Serve Data Center Electricity Demand

The carmaker scaled back electric vehicle plans, but is going all in on advanced batteries, including a new sodium-ion chemistry designed for large-scale power storage.

Jun 9 • 5:02 PM EDT • Business • forbes.com

Bleecker Street, Ld Entertainment acquire Anton Corbijn’s ‘A Talent For Murder’ with Helen Mirren

IMDb es la fuente de contenido de películas, programas de TV y celebridades más popular y confiable del mundo.

Jun 9 • 5:00 PM EDT • Entertainment • imdb.com

Bleecker Street, Ld Entertainment acquire Anton Corbijn’s ‘A Talent For Murder’ with Helen Mirren

IMDb, la source la plus populaire et la plus fiable au monde en matière de films, de télévision et de célébrités.

Jun 9 • 4:34 PM EDT • Entertainment • imdb.com

Flooding in Lanesville, Corydon challenges local businesses, travel

Residents in Lanesville, Ind., are taking shelter on the roofs of their homes Tuesday afternoon because of extreme flash flooding.

Jun 9 • 3:03 PM EDT • Business • wave3.com

More Small Businesses Are Increasing Prices—Here’s How Accounting Software Can Help

Inflation continues to affect prices, with a net 36% of small business owners reporting raising average selling prices in May—the highest reading since March 2023, according to National Federation of Independent Business (NFIB) data published on June 9. If you’re considering raising prices for yo

Jun 9 • 3:02 PM EDT • Business • forbes.com

Bleecker Street, LD Entertainment acquire Anton Corbijn’s ‘A ...

Oscar winner portrays celebrated novelist Patricia Highsmith in new thriller.

Jun 9 • 2:54 PM EDT • Entertainment • screendaily.com

Apple iOS 27 Release Date: When You Can Download The New iPhone Software

The next iPhone software has just been officially unveiled and the first developer beta is out. Here’s when you can download it.

Jun 9 • 2:40 PM EDT • Technology • forbes.com

Nintendo’s ‘The Legend Of Zelda: Ocarina Of Time’ Remake Is Out This Year

Nintendo has just revealed that The Legend of Zelda: Ocarina of Time is getting a remake, and it's releasing sooner than you think.

Jun 9 • 11:27 AM EDT • Technology • forbes.com

The Code As Witness: A Book About Science, Politics & Pandemic Inquiry

The Code as Witness written by Steven C. Quay is part scientific investigation, part policy strategy, and part warning about the future of biological research.

Jun 9 • 10:21 AM EDT • Science • forbes.com

The Code As Witness: A Book About Science, Politics & Pandemic Inquiry

The Code as Witness written by Steven C. Quay is part scientific investigation, part policy strategy, and part warning about the future of biological research.

Jun 9 • 10:21 AM EDT • Politics • forbes.com

Trouble Ahead For GLP-1 Drugs As Health Plans Stop Paying

Half of U.S. employers and health plans are balking at paying for GLP-1 drugs like Ozempic, Zepbound and Wegovy for weight loss and obesity treatment, a new report shows.

Jun 9 • 9:00 AM EDT • Health • forbes.com

Sam Altman's eye-scanning startup lays off staff

Tools for Humanity has struggled to show how its iris-scanning "Orb" can generate revenue. Now it's laying off employees.

Jun 8 • 5:05 PM EDT • Business • businessinsider.com

‘Hot Girls Read’ Trademark Sparks Intense BookTok Controversy

The owner of Allie Rose Co. has said she’ll abandon her trademark for a popular BookTok phrase.

Jun 8 • 2:59 PM EDT • Business • forbes.com

Create & Cultivate Announces Return Of The C&C 100 List Honoring Women Defining Culture, Business And Leadership In 2026

Create & Cultivate, the largest events and media company for women in business, announces the return of its annual C&C 100 List, taking place June 16, 2026, at The London West Hollywood.

Jun 8 • 10:01 AM EDT • Business • forbes.com

Why I’m Finally Considering The Amex Business Gold For The First Time

For years, I mostly ignored the . As someone who has held the consumer version of the Amex Gold for years, I never felt like the Business Gold brought enough value to the table to warrant carrying both. But after recently starting a coffee cart side hustle, both the newer and older credits on the

Jun 8 • 9:00 AM EDT • Business • forbes.com

Planet nine mystery deepens as new discovery challenges hidden planet theory

Astronomers have spent years searching for a possible hidden giant planet far beyond Neptune. Unusual orbits among distant Kuiper Belt objects have fueled the Planet Nine theory, but recent discoveries are challenging the idea by showing more stable motion than expected. If Planet Nine exists, it may be much farther away than originally thought.

Jun 8 • 8:00 AM EDT • Science • sciencedaily.com

Women Leading In The Death Business

For generations, women worked in funeral homes but were rarely recognized as industry leaders. This may be changing with more women mentoring in the death care business.

Jun 8 • 8:00 AM EDT • Business • forbes.com

She Paid $20,000 For Her Own Pregnancy, Then Built The Fix For Medicaid Moms

Malama Health's doula-led model cuts preterm births 45% for Medicaid moms. Mika Eddy is building the maternal care infrastructure America never had.

Jun 8 • 7:00 AM EDT • Health • forbes.com

What Wealthsimple’s Business Banking Push Signals About Modern Entrepreneurs

Wealthsimple's business banking expansion highlights how modern entrepreneurs are demanding faster, simpler and more flexible financial tools.

Jun 8 • 5:00 AM EDT • Business • forbes.com

Ferrari Drops Massive Two-Tenths Aero Upgrade For Barcelona Survival

Just hours after Lewis Hamilton brutally exposed Ferrari’s massive 10-month engine deficit, Maranello is aggressively firing back with the only ammunition they currently have: a massive, season-defining aerodynamic overhaul. If the Scuderia cannot match the raw horsepower of Red Bull…

Jun 8 • 2:30 AM EDT • Sports • sports.yahoo.com

Finding Nemo: Scientists Use AI To Catch Illegal Marine Wildlife Traffickers

Hidden inside luggage, children's toys and parcels, trafficked shark fins, seahorses and sea cucumbers often slip across borders unnoticed. Now researchers in Australia have trained an AI system to recognize these marine wildlife products in airport CT scans with 92% accuracy.

Jun 7 • 9:40 PM EDT • Science • forbes.com

3-star defensive end pledges to Arkansas

Defensive end Keith Richmond was won over by Arkansas after his official visit and pledged to the Razorbacks.

Jun 7 • 7:14 PM EDT • Sports • wholehogsports.com

AMA To Launch U.S. Campaign To Rebuild ‘Trust In Medicine, Science’

The American Medical Association will launch a national campaign called “Have You asked your Doctor?” to combat health misinformation and “rebuild trust in medicine.”

Jun 7 • 6:53 PM EDT • Science • forbes.com

Thomas Sorber hopes to play in 2026 NBA Summer League

Thomas Sorber hopes to play in 2026 NBA Summer League.

Jun 7 • 6:00 PM EDT • Sports • sports.yahoo.com

Communication Is The Lifeblood Of Your Business—Don’t Mess It Up

Learn how unified communications reduce friction, improve customer experience, boost loyalty, and help employees deliver seamless support across channels.

Jun 7 • 8:30 AM EDT • Business • forbes.com

Business Conferences To Check Out In 2026 And 2027

This year, as well as next, are shaping up to be exciting times for business conferences, so here are some key events to consider.

Jun 7 • 8:00 AM EDT • Business • forbes.com

Medicare Advantage Continues To Grow Despite Health Insurer Exits

Medicare Advantage is the choice of 55% of eligible beneficiaries for health insurance for Americans 65 and older.

Jun 7 • 8:00 AM EDT • Health • forbes.com

The New Leadership Skill Nobody Taught In Business School

Business schools taught leaders how to manage certainty. Today’s workplace demands a very different kind of thinking during AI disruption and constant change.

Jun 7 • 3:00 AM EDT • Business • forbes.com

Ro Laren Returns In ‘Star Trek: Shadow Frontier’ Horror Game Featuring Michelle Forbes

Watch the announcement trailer.

Jun 6 • 9:14 PM EDT • Technology • trekmovie.com

Colostrum Has Been Taking Over Social Media—But What Does The Science Say?

A public health expert examines the science behind colostrum and breaks down the social media hype on that wellness product.

Jun 6 • 2:16 PM EDT • Science • forbes.com

Tiny X-ray telescope could unlock the Moon's hidden chemistry

A lightweight new X-ray telescope could finally give scientists something they’ve never had before: a complete chemical map of the Moon. Researchers used detailed mission simulations to show that a compact telescope orbiting the Moon could identify key elements across the entire lunar surface, helping reveal how the Moon formed and evolved.

Jun 6 • 8:00 AM EDT • Science • sciencedaily.com

‘Backrooms’ Projected To Drop 67% In Business At Weekend 2 Box Office

The reboot of the Wayans Bros.’ horror spoof "Scary Movie" is scaring away "Backrooms" after one week at the top of the domestic box office.

Jun 5 • 7:12 PM EDT • Business • forbes.com

Destiny 2’s Last Trailer Ever Is Heartbreaking

The last trailer ever for Destiny 2 is out, barring some sort of miracle, and it represents a peaceful end to a game that should still be alive.

Jun 5 • 10:15 AM EDT • Technology • forbes.com

New ‘Crimson Desert’ Patch Adds A Dragon Alternative, Better Battles

Crimson Desert has a new patch that adds a flying mount, and has improved battles across the landscape of the game.

Jun 5 • 9:32 AM EDT • Technology • forbes.com

Family Entertainment Thrives As Legoland Invests In Growth

Legoland has invested in more than a new Galacticoaster. They are investing in the guest experience in an attempt to drive growth.

Jun 5 • 9:30 AM EDT • Entertainment • forbes.com

Galaxy Z Fold 8 Wide Latest: Why Samsung Is Betting Big

New Samsung Galaxy Z Fold 8 Wide details reveal key specs ahead of July 22 Unpacked release date. Here's what we know and what it means for buyers.

Jun 5 • 8:45 AM EDT • Technology • forbes.com

SpaceX IPO: Why Starship Could End Overnight Business Travel

Why some investors see SpaceX’s future in challenging Boeing and Airbus — as well as the airline industry — by flying Starship point-to-point across Earth.

Jun 5 • 5:30 AM EDT • Business • forbes.com

Razorback Suckers make home debut

Jun 5 • 12:43 AM EDT • Sports • sports.yahoo.com

Dbacks Split! Dbacks 3, Dodgers 2

The Dbacks were able to split the series with the Dodgers Thursday night thanks to some late inning heroics from none other than Ketel Marte and some terrific pitching from Ryne Nelson and the bullpen. The Dbacks offense was stymied once again for 7 innings until Corbin Carrol hit a home run in the 8th […]

Jun 5 • 12:37 AM EDT • Sports • sports.yahoo.com

Scott Forbes names game one starter for super regional

UNC baseball manager Scott Forbes has named Ryan Lynch the game one starter vs. USC.

Jun 4 • 5:50 PM EDT • Sports • sports.yahoo.com

Small Businesses Dominate May 2026 Hiring, With Annual Pay Looking Strong

Small businesses with one to 49 employees accounted for more than half of private sector hiring in May, adding 67,000 of the total 122,000 jobs created, according to a June 3 report from payroll service company ADP. Employees at small businesses with 20 to 49 employees also saw pay gains, with me

Jun 4 • 5:13 PM EDT • Business • forbes.com

How I Photograph The Northern Lights With My Phone

With “strong” and even “severe” northern lights forecast for North America on Thursday and Friday, here’s how to photograph aurora with a smartphone.

Jun 4 • 1:19 PM EDT • Technology • forbes.com

What To Play And How To Prepare For Destiny 2’s Huge June 9 Patch

Destiny 2 is getting its big update on June 9, and there's plenty to do before then if you're trying to prepare for its grand finale.

Jun 4 • 9:43 AM EDT • Technology • forbes.com

The Good And Bad Of ‘Marathon’ Season 2 So Far

Bungie has launched Marathon season 2, which has some cool additions and changes, but other things that break the core loop of the game.

Jun 4 • 9:20 AM EDT • Technology • forbes.com

Eli Manning’s Private Equity Firm Buys Youth Sports Company Behind NFL Flag

Brand Velocity Group, a private equity firm whose partners include Eli Manning, has acquired RCX Sports, the youth sports operating partner for the NFL and other leagues.

Jun 4 • 7:00 AM EDT • Sports • forbes.com

Barcelona Reportedly Chooses And Opens Talks With Flick Replacement

FC Barcelona has chosen and opened talks with the manager it wants to replace Hansi Flick according to reports from Catalonia.

Jun 4 • 6:26 AM EDT • Sports • sports.yahoo.com

Diamondbacks' Corbin Burnes suffers massive setback

Arizona Diamondbacks right-hander Corbin Burnes suffered a setback in his return from Tommy John surgery and won't be available until September.

Jun 4 • 5:17 AM EDT • Sports • sports.yahoo.com

Max Verstappen Demands a “New Back” As Red Bull’s Brutal RB22 Suspension Setup Threatens Monaco Disaster

Max Verstappen isn’t mincing words about the brutal physical and mechanical toll the 2026 Red Bull RB22 is taking on his body. As Formula 1 heads into the tight, unforgiving streets of the Monaco Grand Prix, the world champion’s frustrations…

Jun 4 • 5:00 AM EDT • Sports • sports.yahoo.com

Americans Opposing AI Will Become America’s ‘Biggest Political Crisis,’ Top Investor Says

The former U.S. energy advisor warned the industry must change how it talks to the public or risk being blocked from building data centers and power plants fueling AI.

Jun 3 • 3:41 PM EDT • Politics • forbes.com

Health Costs Jumping 18% For Small And Medium-Sized Businesses

Healthcare costs are rising 18% for small-and mid-sized businesses as employers grapple with a surge in inflation and medical expenses, a Morgan Health report shows.

Jun 3 • 3:17 PM EDT • Health • forbes.com

Health Costs Jumping 18% For Small And Medium-Sized Businesses

Healthcare costs are rising 18% for small-and mid-sized businesses as employers grapple with a surge in inflation and medical expenses, a Morgan Health report shows.

Jun 3 • 3:17 PM EDT • Business • forbes.com

Sharks As Climate Scientists?Here’s How They Improve Ocean Forecasts.

A new study shows that data from tagged sharks can improve ocean forecasts by up to 40 percent in some regions, offering a surprising new tool for understanding and predicting climate patterns.

Jun 3 • 12:17 PM EDT • Science • forbes.com

AI Startup Collate Raises $95 Million To Automate Life Sciences Paperwork

In this week’s edition of InnovationRx, we look at breakthroughs from ASCO, Harrison.ai's U.S. expansion, Clear's move into healthcare and more.

Jun 3 • 12:00 PM EDT • Science • forbes.com

Sports Is The ‘Antithesis Of AI,’ JPMorgan Expert Says, And Team Valuations Will Surge

The craze will lead to “fabulous” investment opportunities in live events, according to the bank’s Asset & Wealth Management CEO.

Jun 3 • 11:15 AM EDT • Sports • forbes.com

‘Destiny 2’ Fans Drown PlayStation’s State Of Play In ‘Destiny 3’ Demands

Destiny 2 players are pulling out all the stops to try to get Sony to listen to them that they want Destiny 3 made.

Jun 3 • 11:12 AM EDT • Technology • forbes.com

What’s The Deal With The Jello Cube In ‘God Of War Laufey’?

God of War Laufey features a bizarre companion, a bouncy cube that does not seem to fit in with the world at all. What's its deal?

Jun 3 • 10:26 AM EDT • Technology • forbes.com

Oldham sign Notts County midfielder Norburn

Oldham Athletic sign midfielder Ollie Norburn from Notts County on a one-year deal with the option of a further year.

Jun 3 • 10:07 AM EDT • Sports • sports.yahoo.com

‘Marathon’ Season 2 Launch Was Fumbled At The Worst Possible Moment

Marathon just launched season 2 but it ran into immediate server issues that made the game unplayable for most of the day.

Jun 3 • 10:04 AM EDT • Technology • forbes.com

From spider silk to science: a new way to access hidden fungal diversity

A new study from Thailand demonstrates that the debris-heavy webs of orb-weaving spiders can serve as natural, non-destructive tools for collecting and culturing viable environmental fungi. Through the isolation of living organisms, this innovative approach has already uncovered potentially new, undocumented fungal diversity within tropical rice fields.

Jun 3 • 8:00 AM EDT • Science • eurekalert.org

Caryn Seidman Becker Bought Clear Out Of Bankruptcy. Now She’s A Billionaire.

After conquering airport security checkpoints, Clear’s billionaire CEO Caryn Seidman Becker wants to use your biometrics to unlock doctors’ appointments, baseball games and the rest of your life.

Jun 3 • 6:30 AM EDT • Business • forbes.com

Considering AI In Sports And Entertainment

AI enhances sports and entertainment, accelerating innovation while raising concerns over intellectual property rights.

Jun 3 • 6:25 AM EDT • Sports • forbes.com

Considering AI In Sports And Entertainment

AI enhances sports and entertainment, accelerating innovation while raising concerns over intellectual property rights.

Jun 3 • 6:25 AM EDT • Entertainment • forbes.com

The Missing Piece Of Retirement Planning For Business Owners

Many business owners expect selling their company to fund retirement. Learn why business readiness is the missing piece of retirement planning.

Jun 3 • 5:00 AM EDT • Business • forbes.com

The 7 AI Agent Guardrails Every Business Needs Before Things Go Wrong

AI agents promise to automate work, make decisions and transform business operations, but giving machines more autonomy also creates new risks.

Jun 3 • 2:19 AM EDT • Business • forbes.com

The Uncomfortable Truth MAHA Is Exposing About US Healthcare

Whether American healthcare reorganizes around prevention will be a test of the quality of its leadership.

Jun 3 • 12:16 AM EDT • Health • forbes.com

As Corporate Profits Surge, America’s Small Businesses Get Left Behind

Between Trump tariffs, rising gas prices and labor supply shocks, Main Street businesses are seeing declining profits and slower hiring. Is uncertainty their new normal?

Jun 2 • 6:14 PM EDT • Business • forbes.com

Trump retreated on his payout fund, but some Republicans want proof it’s dead

The Justice Department backed off a court fight over the nearly $1.8 billion fund for alleged victims of unfair prosecution. GOP senators say a pause isn’t a promise.

Jun 2 • 11:18 AM EDT • Politics • washingtonpost.com