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‘Big Brother’ host Julie Chen Moonves weighs in on bizarro Melody and Drew relationship
‘Big Brother’ host Julie Chen Moonves weighs in on bizarro Melody and Drew relationship, the house keeping Dee over Angela, and more.
Saudi wealth fund weighs EA-Savvy merger, Bloomberg News reports
Saudi Arabia's wealth fund is considering merging Electronic Arts with Savvy Games to create a gaming giant, Bloomberg News reported on Thursday, citing people familiar with the matter.
ESPN Weighs in on Alabama's Chances Against Kentucky
ESPN has weighed in with a matchup predictor prediction for the Alabama Crimson Tide against Kentucky.
49ers-Rams roundtable: Whose Australia plan has the edge? Which young Niners will break out?
The Sporting Green staff weighs in as the San Francisco 49ers and Los Angeles Rams begin their annual duel for NFC West dominance Thursday evening (Friday morning in Melbourne).
How Are Data Centers Impacting Health?
Shinsuke Tanaka, assistant professor of agricultural and resource economics, weighs in on the environmental and health implications of data center construct ...
NEA partner Aaron Jacobson weighs in on open versus closed
Big Tech may be grabbing attention for its powerful new models, but investors like NEA's Aaron Jacobson want companies to explore their options.
Beef business weighs on Tyson Foods
Company is now projecting a loss of between $625 million and $775 million.
Paramount Weighs Assets Selloff to Save Deal
Paramount Skydance Corp. is reportedly considering selling off cable and real estate assets as it looks to settle a multistate antitrust lawsuit
Todd Monken Weighs in on Browns QB Rumors
Cleveland Browns head coach Todd Monken has weighed in on all the rumors surrounding the team's quarterback situation.
Could the Cincinnati Reds Be the Next MLB Team Sold?
Frustrated fans and rival executives anticipate a massive ownership shift as the Castellini family weighs a potential billion-dollar windfall amidst mounting pressure to prioritize championship contention.
Brewers Manager Discusses Moving Harrison to Bullpen
Following a string of disastrous road starts and shrinking longevity, Milwaukee Brewers manager Pat Murphy weighs transitioning Kyle Harrison to the bullpen.
English soccer club unrest complicates Texas billionaire's growing sports empire
Everton could command more than $1 billion as Dan Friedkin weighs investors and advances his Texas NHL plans.
Dorival Júnior weighs up clash with Atlético-MG
After the 2-0 victory over Atlético-MG this Saturday (5) at MorumBIS, in a match valid for the 26th round of the Brazilian Championship, head coach Dorival Júnior gave a press conference.“We never...
STAFF PICKS: Notre Dame Fighting Irish VS Wisconsin Badgers
The One Foot Down staff weighs in with their picks for Notre Dame VS Wisconsin and some other CFB games this week.
Country star John Rich weighs in on Jelly Roll’s political commentary on ‘Jimmy Kimmel Live’
Country star John Rich reacted to the political commentary made by Jelly Roll, during the Grammy winner’s recent stint guest hosting ‘Jimmy Kimmel Live.’
“Big Brother” host Julie Chen Moonves weighs in on Rick Devens’ big gamble (exclusive)
The Chenbot also reacts to the latest eviction, gives her take on Dee’s game, and more.
‘Big Brother’ host Julie Chen Moonves weighs in on Rick Devens’ big gamble (exclusive)
‘Big Brother’ host Julie Chen Moonves weighs in on Devens’ big gamble, reacts to the latest eviction, gives her take on Dee’s game, and more.
‘LaPolitics’: Lt. Gov. Billy Nungesser weighs in on his future political plans
LaPolitics: Are you definitely running for reelection next year? Lt. Gov. Billy Nungesser: My plan is to run for reelection, if I’m still healthy and I still have this passion I have right now. And it’s no secret, every day someone calls me and wants me to run for governor. Some people don’t think the […]
‘LaPolitics’: Lt. Gov. Billy Nungesser weighs in on his future political plans
LaPolitics: Are you definitely running for reelection next year? Lt. Gov. Billy Nungesser: My plan is to run for reelection, if I’m still healthy and I still have this passion I have right now. And it’s no secret, every day someone calls me and wants me to run for governor. Some people don’t think the […]
Justice weighs in on data centers at 2026 Business Summit
Justice mentioned not wanting the state to be left behind and says these centers would create opportunities for energy and jobs in West Virginia.
Johnson County weighs new mental health court to divert defendants from jail
Johnson County leaders are considering a new criminal mental health court designed to keep people with mental health needs out of jail and better connected to t
As sports betting surges, Virginia weighs how to curb gambling harms
As college football season gets into full swing over Labor Day weekend, sports betting companies, public health experts and Virginia lawmakers are confronting a question that has grown more pressing since wagering moved into smartphones: How can the industry keep gambling from becoming an addiction?Representatives from those groups gathered Wednesday at the Hilton Richmond Downtown for a Responsible Gaming Roundtable hosted by the Sports Betting Alliance, an advocacy organization representing bet365, BetMGM, DraftKings, Fanatics and FanDuel — five of the nation’s largest online sports betting operators.
Missouri’s gerrymandered map faces final test as Supreme Court weighs referendum
The high-stakes decision could effectively decide the future of Kansas City’s representation in Congress.
Acer Swift Blade 14 weighs just 799 grams with Intel Core Series 3 processor
Acer has announced a new 799-gram Swift laptop with Intel Core Series 3 hardware. The 14-inch model includes a 50 Wh battery and up to 1TB of PCIe Gen4 storage.
Should pros be allowed to return to college sports? Former Browns tight end sparks debate
Terry Pluto weighs in on the legal fight over whether former professional athletes should be allowed to play college sports again and what it could mean for younger athletes.
Should pros be allowed to return to college sports? Former Browns tight end sparks debate
Terry Pluto weighs in on the legal fight over whether former professional athletes should be allowed to play college sports again and what it could mean for younger athletes.
OHA weighs approval of PeaceHealth's proposed behavioral health hospital in Lane County
The fate of PeaceHealth's proposed Timber Springs Behavioral Health Hospital is now in the hands of the Oregon Health Authority, as Lane County officials and co
Bond sell-off intensifies around the world as oil prices rise above $91 a barrel, stoking inflation fears
Renewed fighting in Middle East weighs on financial markets
Kalshi's head of research weighs in on election betting, possible regulations
Nicole Kagan, Kalshi's head of research, joined California 360 to explain the platform's purpose and safeguards.
More places to drink outside? Sacramento weighs expansion of entertainment zones
El Niño is being supercharged by climate change, study finds
It's one of the biggest questions in climate science: Is human-caused climate change making El Niños worse? A new study weighs in.
Jonathan Kuminga's Timberwolves Contract Exemplifies NBA's Free-Agency Problem
The risk of testing the NBA's free-agent market often outweighs the reward these days, as Jonathan Kuminga can now doubly attest.
Dale Earnhardt Jr. Weighs in on NASCAR Wet-Weather Debate
Dale Earnhardt Jr. shared his thoughts on the debate regarding NASCAR's wet-weather procedure.
ASUS Intros ROG Gladius IV Ace Wireless Gaming Mouse at Gamescom 2026
ASUS held an extensive press event today at Gamescom, where, among many new products, the fourth generation of the ROG Gladius gaming mouse was introduced, following the ROG Gladius III that was launched in 2021. The ROG Gladius IV Ace uses an ergonomic design and weighs just 56 g. The weight...
Pete Buttigieg returns to South Carolina as he weighs another White House run
Returning to South Carolina this weekend as he mulls a second run for the White House, Buttigieg set out to reintroduce himself to the state and the Black voters he struggled to win in 2020.
With new study, Tea weighs prospects for future hotel
A public-private partnership led to a study that shows the community of Tea can support new hotel development.
Alpharetta weighs North Point sports, entertainment district
Jamestown, a developer, is seeking approvals for a sports and entertainment district that would transform Alpharetta’s North Point Mall. The requests cleared the city’s planning commission in a 4-3 vote Aug. 6.
Fed up with high prices, California weighs penalties against hospitals, other entities
California is weighing stiff penalties for hospitals and other healthcare entities that don’t stay under state spending limits.
Science Weighs in on Whether All Those Photos Are Helping or Hurting Your Memory
Is it better to stay in the moment?
Are Dried and Frozen Fruits as Healthy as Fresh Fruits? A Nutritionist Weighs In
Frozen and dried fruits can be just as nutritious as fresh fruit. However, it’s important to check the nutrition labels for added sugars.
Waldo businesses broken into this week say damage outweighs what was taken
Multiple businesses in Kansas City's Waldo neighborhood were broken into earlier this week. While the thief did not make off with much, the damage left behind was costly.
Exclusive: Navy weighs renaming carrier slated to honor Black war hero, potentially switching it to Trump
The US Navy is working to rename an aircraft carrier under construction that was set to honor a Black sailor hailed for his heroic actions during the attack on Pearl Harbor, three sources familiar with internal discussions told CNN.
RNC chairman weighs in on Florida primary results
Republican National Committee Chairman Joe Gruters spoke with Spectrum News about Florida's primary results.
New report finds NC business tax climate remains among nation’s strongest
North Carolina’s business tax climate remains highly competitive, but a new report says the franchise tax still weighs on investment and growth.
Giants news: New York's 'biggest winner' from Jaguars trade
The New York Giants traded Daniel Faalele to the Jacksonville Jaguars. The former Baltimore Ravens lineman stands 6-foot-8 and weighs 380 pounds, making him one of the biggest players in NFL history. After joining the Giants this offseason, the mountain of a man worked primarily as a second-string guard. However, preseason and training camp […] The post Giants news: New York's 'biggest winner' from Jaguars trade appeared first on ClutchPoints.
Mississippi weighs three-year short-term health plan as coverage drops
One-year short-term plans are already available. The state is working on a three-year option through an online portal where people could compare doctors, drugs and provider networks.
My lawyer dad says I’m a ‘huge failure’ for studying science, says I’ll never make money
I told my lawyer dad that I was getting a science PhD, and he called me a “huge failure” who will never make real money. How do I make my parents proud? Advice columnist Carolyn Hax weighs in.
Halo Studios Reportedly Outsourced Campaign Evolved to 15 Studios, as Microsoft Weighs Involving Activision’s Sledgehammer Games in the Process
Halo Studios reportedly outsourced Campaign Evolved, as Microsoft weighs having Activision's Sledgehammer Games help build future Halo games.
12K views · 78 reactions | I told my lawyer dad that I was getting a...
I told my lawyer dad that I was getting a science PhD, and he called me a “huge failure” who will never make real money. How do I make my parents proud? Carolyn Hax, Advice Columnist weighs in.
Treasury Wine Estates profit slides as US business reset weighs on year
Luxury demand for Treasury Wine Estates brands such as BV, Frank Family and Daou showed resilience, but lower volumes, weaker margins and the U.S. supply chain overhaul pressured fiscal-year results.
Flutter Entertainment’s Q2 Earnings Call: Our Top 5 Analyst Questions
Flutter Entertainment’s second quarter results were met with a significant negative market reaction, reflecting investor concerns about profitability despite solid revenue growth. Management pointed to deliberate investments in the U.S. business—especially increased customer promotions and the rollout of an expanded loyalty program—as factors that weighed on near-term earnings. CEO Peter Jackson acknowledged, “We recognize that this weighs on near-term earnings, but we're convinced it's the righ
Amid intra-MAGA fight, Trump weighs going all in for Darline Graham
The president is actively fighting for his endorsed candidate in the South Carolina Senate runoff, Sen. Darline Graham, the sister of the late Lindsey Graham.
Scott Colangelo: There's going to be a reckoning for NY, California amid fleeing businesses
Prime Capital Financial Chair and managing partner Scott Colangelo weighs in on Bob Iger and Josh Kushner looking to buy the Los Angeles Lakers and the impact of the business exodus on New York and California.
Pennsylvania weighs mental-health focus in health and PE standards
A proposed state update could add mental-health awareness, healthy relationships and help-seeking skills to health and PE instruction.
Inflation cooled in July but remained elevated as Fed weighs rate hikes
The Labor Department released the consumer price index (CPI) for July which showed that inflation cooled, even as the pace of price growth remained elevated.
Bradley Tusk says ‘IT’S VERY HARD’ to support Mamdani amid anti-business climate
Tusk Ventures CEO Bradley Tusk weighs in on the impact of NYC Mayor Zohran Mamdani’s policies on businesses.
The U.S. Healthcare System is Already Mostly Socialized
Now that Abdul El-Sayed is the Democratic nominee for Michigan’s open Senate seat, the outcome of this crucial race will depend mainly on two things: Whether Republicans succeed in demonizing El-Sayed because he’s brown and a Muslim, and whether they succeed in demonizing him as a left-wing radical. I will defer for the now the question of whether bigotry will be effective this year, although I will address it another day. What I want to address instead is El-Sayed’s signature issue — healthcare. Yes, El-Sayed advocates Medicare for All, a position the usual suspects denounce as “socialism.” I will get to the politics of his stance soon. Today, however, I want to talk about the substance. We should be clear that El-Sayed doesn’t even call himself a socialist. On the contrary, he explicitly disavows the label, saying “I’m a capitalist who just knows about capitalism”. In fact, as I explained in a previous post, the policies that El-Sayed advocates qualify him as a social democrat, not a socialist. Still, El-Sayed advocates a system under which the government would pay almost all medical expenses. Isn’t that socialism? Well, if that is the criterion then much of U.S. healthcare is already socialist. In fact, the government’s role is so large that U.S. healthcare is better described as partially privatized socialism than as anything resembling a free market. Let’s start with the raw numbers on health insurance, which pays the bulk of Americans’ medical expenses. Americans receive health insurance either from private companies or from public programs, overwhelmingly Medicare and Medicaid. Here’s what the breakdown of coverage and spending between private and public looked like in 2024: While a majority of Americans with health insurance get it from private companies, well over 100 million of us are covered by government programs instead. And these government programs pay more total dollars for medical bills than the private insurers do. Why do government programs that cover a minority of the population account for a majority of health insurers’ outlays? Mainly because Medicare covers seniors, and we’re expensive. Also, while Medicaid covers many younger Americans, disabled and elderly beneficiaries account for most of its spending. Even by the raw numbers, then, U.S. health insurance looks as much public as private. But that understates the government’s role: Private health insurance in the U.S. is both highly regulated and heavily subsidized. This is obviously true for the insurance coverage purchased by tens of millions of Americans through the exchanges established by the Affordable Care Act. But employment-based health insurance, which covers 161 million Americans, is far more of a government creation than most people realize. For employment-based insurance exists largely because of huge implicit government subsidies that come with major strings attached. Here’s how that works. If your employer pays you $10,000, that’s taxable income. But if your employer pays $10,000 toward a company health insurance plan that meets certain criteria, it isn’t taxable. That’s a huge effective subsidy, running at more than $300 billion a year. Take that subsidy into account, along with the more than $100 billion per year spent subsidizing policies purchased under the ACA, as well as the outlays on Medicare and Medicaid, and net effect is that the government pays for more than two-thirds of Americans’ health insurance. Granted, there are strings attached. Roughly speaking, employment-based health plans can’t discriminate based on medical history — that is, they can’t deny coverage to employees with pre-existing conditions — and they also can’t offer the plans only to highly compensated employees — a health plan that is only for the C-suite is considered taxable income. So given the restrictions of the federal tax code, employer-based health insurance is a lot like Obamacare, which also prohibits discrimination based on medical history and provides subsidies to make insurance affordable to lower-paid workers. The fact is that virtually all of private healthcare insurance is already well under some form of government control through regulation and tax subsidies. How should we think about this system? First of all, is Medicare socialist? Don’t tell anyone, but the way Medicare operates — it covers every senior’s medical expenses, whatever they turn out to be, while being funded by taxes that depend on one’s income — could be summarized by the old Marxist slogan “From each according to his ability, to each according to his need.” And back in 1961, when Ronald Reagan was the face of a last-ditch effort by the American Medical Association to block the creation of Medicare, he denounced Medicare as “socialized medicine” and warned that it would destroy our freedom. In reality, American freedom survived until Jan. 20, 2025, while Medicare is immensely popular, with an 82 percent favorable rating in the most recent KFF survey. Medicaid, government health insurance for lower-income Americans, comes in at 73 percent. This is in sharp contrast to public views about private insurers, who are widely disliked if not hated and accused of denying essential care. Furthermore, if Medicare is socialism, then the whole U.S. health insurance system, with the government paying most of the bills and placing conditions on private insurers, is almost equally socialist. If you insist on calling any program the government pays for and regulates socialist, then U.S. healthcare would best be described as a partially privatized form of socialism. And one must ask, what is the point of the part that is privatized? Do private insurers add anything positive? Or are they simply parasites, skimming off money that could have been paying for care? The case for viewing insurers as parasites is strong. Many Medicare benefits are now delivered via Medicare Advantage, that is, plans paid for by the government but run through insurance companies. MedPAC, an independent advisory commission, estimates that last year Medicare Advantage plans were overpaid by $84 billion, thanks to practices such as “upcoding,” in which patients’ health problems are overstated to get larger sums from Medicare. Assessing the waste from employer-based insurance is harder, but most evidence suggests that private insurers have substantially higher administrative costs than Medicare does. Furthermore, the complexity of private insurance, with multiple payers all trying to deny care when they can, is a huge burden both on providers — doctors, nurses, and hospitals — and on patients. What do private insurers offer to compensate for these costs? One must go through intellectual contortions to avoid the conclusion that they are, in fact, parasites. Which brings me back to El-Sayed. In supporting Medicare for All, he’s basically calling for an end to the partial, parasitic privatization of a healthcare system that is already hugely dependent on public funding. When one looks at it that way, it’s not at all a radical proposal. Admittedly, the political lift requires overcoming the opposition to higher taxes to pay for Medicare for All. Political realism rather than economics was the reason I and many other progressives supported Obamacare, with all its complexities, rather than demanding an immediate move to Medicare for All. But the political calculus may very well have shifted since the 2000s, as Americans are fed up with a system of unaffordable premiums, rampant claim denials, and byzantine claim administration. Moreover, funding healthcare insurance through taxation would allow for a much more progressive distribution of the cost. That is, compared to the present system, middle-income households would pay less as high-income households would pay more. And the U.S. would stop wasting large sums on pointless administrative costs. So let’s be clear: El-Sayed’s healthcare platform is perfectly reasonable on the merits of cost, fairness and health efficacy. And with private insurers never more hated, while millions of Americans are losing their health insurance, 2026 may be its time. MUSICAL CODA
Wisconsin weighs a democratic socialist governor and other key races to watch in Tuesday’s primaries
The next battles over the Democratic Party’s ideological direction come Tuesday in a slate of primaries that includes showdowns in two upper Midwestern political battlegrounds.
Alabama Position Preview: The Future vs The Veteran at Quarterback
Five-star phenom Keelon Russell battles seasoned veteran Austin Mack as Kalen DeBoer weighs explosive potential against established trust to lead the Crimson Tide's post-Simpson era.
Starz Entertainment (STRZ) Stock Sees Fair Value Lift After Q1 Analyst Revisions
Price targets for Starz Entertainment have been refreshed, with Fair Value moving from US$28.50 to about US$32.33, which marks a higher central valuation estimate in current models. These updates sit alongside Street commentary that weighs the separation from Lionsgate, Q1 model changes, and the new content approach, as analysts balance upside from execution against risks and the recent share price move. Read on to see how to track these shifting views and follow the evolving narrative around...
Opinion: The Politics Of Possibility - Why The 97th District Needs Wildaliz Bermúdez
New Havener Kyle Gonzalez weighs in on an east-side state rep race.
Business Restructuring Review Vol. 25 No. 4 July-August 2026
In This Issue New York Bankruptcy Court: Premature Allegations of Creditor Mistreatment Insufficient to Deny Chapter 15 Recognition of Foreign Restructuring Proceeding In In re ARD Finance, S.A., No. 25-12794 (MG), 2026 WL 817458 (Bankr. S.D.N.Y. Mar. 25, 2026), the U.S. Bankruptcy Court for the Southern District of New York was presented with a petition seeking chapter 15 recognition of Luxembourg's recently enacted bankruptcy law governing judicial reorganization proceedings. The court granted the petition, turning aside challenges to recognition voiced by a creditor group arguing that recognition should be denied based upon allegations of unfairness to creditors in the Luxembourg proceeding that would make recognition manifestly contrary to U.S. public policy. According to the bankruptcy court, recognition was warranted because: (i) the rules and procedures governing the proceeding under Luxembourg law were fundamentally fair; (ii) the petition otherwise satisfied chapter 15's recognition requirements; and (iii) the creditor group's allegations were premature, given the fact that the Luxembourg court presiding over the debtor's restructuring proceeding had not confirmed a restructuring plan, and all creditors had the right to participate fully and voice their objections in the proceeding (including the right to appeal an order approving a plan). [read more …] Florida Bankruptcy Court Examines Scope of Discovery in Chapter 15 Cases In In re Banco Master, S.A., No. 25-24568-SMG, 2026 WL 931729 (Bankr. S.D. Fla. Apr. 6, 2026), the U.S. Bankruptcy Court for the Southern District of Florida granted in part and denied in part post-recognition motions filed by an insider of a foreign debtor seeking to bar or limit discovery sought by the debtor's foreign representative concerning allegedly voidable transfers involving the debtors' U.S. real property. According to the court: (i) although chapter 15 includes its own discovery provisions among the relief that may be granted to a foreign representative, the expansive discovery available in cases under other chapters of the Bankruptcy Code is also available in chapter 15 cases; (ii) the discovery sought by the foreign representative was permissible; (iii) discovery regarding matters that were the subject of a pending adversary proceeding had to be undertaken under the more restrictive rules applicable to such proceedings; and (iv) a discovery request would be barred to the extent that it sought production of documents or testimony from a subpoenaed entity that exceeded the geographic limitations specified in such rules. [read more …] Delaware District Court Affirms Chapter 15 Recognition Order Enforcing Nonconsensual Third-Party Releases In U.S. Int'l Dev. Fin. Corp. v. Credito Real S.A.B. de C.V. SOFOM, E.N.R. (In re Credito Real S.A.B. de C.V. SOFOM, E.N.R.), 677 B.R. 192 (D. Del. 2026), appeal filed, No. 26-2356 (3d Cir. June 5, 2026), the U.S. District Court for the District of Delaware affirmed a bankruptcy court order granting chapter 15 recognition to a Mexican "concurso mercantile" proceeding and enforcing nonconsensual third-party releases approved by the Mexican court. Agreeing with the bankruptcy court that the releases were not manifestly contrary to U.S. public policy, the district court concluded: "It is well settled that U.S. bankruptcy courts can give effect to foreign orders in recognized foreign proceedings pursuant to the authority granted in Chapter 15, even when those orders contain relief unavailable under U.S. law. [The appellant's] arguments misconstrue the Supreme Court's narrow holding in Purdue, applicable in Chapter 11 cases, as well as the statutory framework of Chapter 15 and its core policy objectives. Accordingly, I will affirm the Enforcement Order." The ruling has been appealed to the U.S. Court of Appeals for the Third Circuit. [read more …] Fifth Circuit: Bankruptcy Court, Not State Court, Had Jurisdiction to Allow or Disallow Administrative Expense Claim In Storey Minerals Ltd. v. EP Energy E&P Co., LP (Matter of EP Energy E&P Co., LP), 169 F.4th 609 (5th Cir. 2026), the U.S. Court of Appeals for the Fifth Circuit affirmed lower courts' rulings disallowing a creditor's administrative expense claim. It also rejected the creditor's argument that, because the claims were predicated on state law, a state court should adjudicate the merits of the state law causes of action before the bankruptcy court could allow or disallow the claim as an administrative expense. According to the Fifth Circuit, even though the causes of action were based on state law, the bankruptcy court had jurisdiction to determine whether the creditor's claims should be conferred with administrative expense priority in the debtors' chapter 11 case. [read more …] New York Bankruptcy Court: Dismissal of Involuntary Chapter 11 Case Filed Prior to Commencement of Foreign Restructuring Proceeding Unwarranted In In re Xinyuan Real Estate Co. Ltd., No. 25-10745 (PB), 2026 WL 592250 (Bankr. S.D.N.Y. Mar. 3. 2026), the U.S. Bankruptcy Court for the Southern District of New York considered the bona fides of an involuntary chapter 11 petition filed by certain holders of U.S. dollar-denominated notes against a holding company for a group of Chinese property development companies that filed a restructuring proceeding in the Cayman Islands after the noteholders filed the involuntary chapter 11 petition. The court denied the debtor's motion to dismiss the chapter 11 case. Given the timing of the filing of the Cayman Islands restructuring proceeding, the absence of any progress in the proceeding for seven months, the debtor's need to restructure notes governed by U.S. law, and the debtor's lack of any meaningful contacts to the Cayman Islands, dismissal of the chapter 11 case was unwarranted under the applicable provision of the Bankruptcy Code, international comity, or the doctrine of forum non conveniens. [read more …] Bankruptcy Court Evaluates Trustee's Authority to Sell Avoidance Actions and Right of Target Defendants to Object In In re Law Enf't Officers Sec. Union, No. 24-70277-JAD, 2026 WL 560452 (Bankr. W.D. Pa. Feb. 27, 2026), a chapter 7 trustee sought court approval to sell certain avoidance actions to a creditor of the debtor's estate. Potential targets of the subject avoidance actions objected, arguing that such claims were nontransferable powers of the trustee rather than saleable estate property and urging the court to approve their competing settlement with the trustee. The U.S. Bankruptcy Court for the Western District of Pennsylvania disagreed with the potential defendants, holding that they lacked standing to object to the proposed sale, that avoidance actions are indeed estate property, and that the sale—rather than the settlement—best served the estate's interests. [read more …] U.S. Supreme Court Bankruptcy Roundup in Brief In Keathley v. Buddy Ayers Construction Inc., No. 25-6, 2026 WL 1686028 (U.S. June 11, 2026), the U.S. Supreme Court overturned a Fifth Circuit decision judicially estopping a chapter 13 debtor from asserting a personal injury claim against a construction company because the debtor failed to disclose the claim during his bankruptcy case. In so ruling, the Court held that "[t]he Fifth Circuit erred by artificially narrowing its inquiry to whether the debtor had knowledge of the underlying facts or a potential motive to conceal the claim." It represents the first time that the Court has applied judicial estoppel in the bankruptcy context, although it has suggested in other contexts that it may be inappropriate where an inconsistent legal position resulted from "inadvertence or mistake." Also in June, the Court denied petitions for certiorari in a few notable bankruptcy cases. [read more …] Newsworthy Heather Lennox (Cleveland/New York) (Star Individual), Bruce Bennett (Los Angeles) (Senior Statesperson), Kevyn D. Orr (Washington) (Eminent Practitioner), Gregory M. Gordon (Dallas) (Band 1), Carl E. Black (Cleveland), Corinne Ball (New York) (Senior Statesperson), Brad B. Erens (Chicago), Jeffrey B. Ellman (Atlanta), T. Daniel Reynolds (Cleveland), and Dan T. Moss (Washington/New York) were recognized as leading lawyers in the practice area Bankruptcy/Restructuring in the 2026 edition of Chambers USA: The World's Leading Lawyers for Business. The 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers ranked the following lawyers: 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). Fabienne Beuzit (Paris) and Jasper Berkenbosch (Amsterdam) were among the "Leading Individuals" ranked in the 2026 edition of The Legal 500 EMEA guide in the field of Restructuring and Insolvency or Insolvency. Rodolphe Carrière (Paris) was named a "Next Generation Partner" in the practice area Insolvency. Sid Pepels (Amsterdam) was selected by Global Restructuring Review's 40 under 40 2026. He was identified as a Rising Star within the global cross-border restructuring community. Global Restructuring Review is a leading digital subscription service, news outlet, and information platform dedicated exclusively to cross-border insolvency and corporate restructuring law. Fabienne Beuzit (Paris), Rodolphe Carrière (Paris), and Isabelle Maury (Paris) were recognized in the 2027 edition of The Best Lawyers in France™ in the practice area Insolvency and Reorganization Law. An article written by Corinne Ball (New York) titled "Comity and Fairness are Critical to Granting Additional Assistance under Chapter 15: A Canadian Reverse Vesting Order and Related Releases in Proceedings Involving Canadian and U.S.-Affiliated Companies Are Approved" was published in the June 24, 2026, edition of the New York Law Journal. An article written by Caitlin K. Cahow (Detroit) titled "New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions" was published on June 8, 2026, in 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 June 16, 2026, in the Harvard Law School Bankruptcy Roundtable. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), Isel M. Perez (Miami), and David S. Torborg (Washington) titled "Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief" was published on June 10, 2026, in Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) and Nathaniel Parr (Atlanta) titled "Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions" was published on June 11, 2026, in Lexis Practical Guidance. An article written by Corinne Ball (New York) titled "LMEs, Sophisticated Investors and Equitable Mootness: The Fifth and Third Circuits Warn Against Testing the Limits of Chapter 11" was published in the June 2026 issue of the American Bankruptcy Institute Journal. Nicholas J. Morin (New York) was quoted in an article titled "Serta Ruling Offers Damages Road Map in Lender-on-Lender Disputes," published by Bloomberg Law on July 7, 2026. The article discussed U.S. Bankruptcy Judge Christopher Lopez's July 7, 2026, ruling that participating lenders in Serta Simmons Bedding's 2020 non-pro rata uptier exchange breached the credit agreement's ratable-sharing provision, and awarding excluded lenders more than $261 million in damages. The opinion resolves six years of litigation related to Serta's 2020 transaction, where it raised $200 million in new financing and exchanged $1.2 billion of term loans for $875 million in superpriority debt. Judge Lopez found that the debt-for-debt exchange constituted a "payment" under the credit agreement, requiring proportional sharing among lenders, and dismissed various defenses raised by the participating lenders. The case is Serta Simmons Bedding LLC v. AG Centre Street Partnership (In re Serta Simmons Bedding LLC), 2026 WL 1968535 (Bankr. S.D. Tex. Jul. 7, 2026). The New York Law Journal has recognized Andrew M. Butler (New York) as a 2026 "Rising Star" in Restructuring/Bankruptcy as part of the New York Legal Awards. The Rising Star category recognizes New York's most promising lawyers age 40 and under who have distinguished themselves through exceptional legal work, leadership, and contributions to the profession. Lawyer Spotlight: Daniel J. Merrett Dan Merrett, a partner in the Atlanta Office, has spent nearly 20 years representing all manner of stakeholders in complex corporate restructurings and chapter 11 reorganizations. His practice extends to related transactions and disputes involving acquisitions; divestitures; credit facilities; securities; environmental obligations; and vendor, employee, and governance matters. Dan has substantial experience managing mass tort liabilities, including the restructurings and related chapter 11 cases of affiliates of Georgia Pacific and Johnson & Johnson, implemented to resolve asbestos and talc liabilities. He also represents key parties in energy and infrastructure matters, including facility owners, EPC contractors, and joint-venture parties. Dan was a key player in the restructuring teams in the historic bankruptcies of the City of Detroit and Chrysler. His other significant representations in chapter 11 cases include AFA Foods, Alpha Natural Resources, Dana Corporation, M&G Chemicals, McDermott International, Monster/CareerBuilder, Transtar Industries, and Westinghouse. He is licensed in both the United States and England & Wales and recognized in restructuring by Chambers USA and Best Lawyers.
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Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Mississippi sees rise in cyclospora cases, health official weighs in
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Politics Unplugged (Full Episode) July 19, 2026
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What to Know Ahead of Trump’s Primetime Speech | WSJ Politics Newsletter for July 16
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