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Bankruptcy & Inheritance News Monitoring

  • Published on Jul 1, 2026

    Writers on the Range: West to inherit more abandoned oil wells

    Here’s a true story about the West: An oil company leases some public land, drills a well, pumps the oil and posts a $10,000 bond as its promise to clean up the site when the well runs dry. Years later, the company declares bankruptcy — or it simply walks …

    Source: Aspen Daily News - Colorado - Neutral
  • Published on Jul 1, 2026

    The west is about to inherit more abandoned oil wells

    Here’s a true story about the West: An oil company leases some public land, drills a well, pumps the oil, and posts a $10,000 bond as its promise to clean up the site when the well runs dry. Years later, the company declares bankruptcy — or it simply walks …

    Source: The Daily Sentinel - Colorado - Neutral
  • Published on Jul 1, 2026

    The River Region's Finest Hour?

    Jackson Hospital Must Not Be Allowed to Fail History will remember what the River Region does in this moment. Long after the bankruptcy filings have been archived and the court proceedings have ended, people will remember whether this community came …

    Source: Alabama Gazette - Right-wing
  • Published on Jul 1, 2026

    Trump has made billions, but can’t buy love or respect

    From certain angles, it might appear as if President Trump is having a tough month. He messed up the renovation of the Lincoln Memorial reflecting pool, which he blamed on acts of vandalism no one has been able to stand up. The supreme court rejected both …

    Source: The Guardian - Center-left
  • Published on Jul 1, 2026

    Capitol News Illinois | ‘A real farm crisis’: Illinois farm bankruptcies rise for 3rd straight year

    SPRINGFIELD — With the growing season well underway in Illinois, farmers once again are struggling to turn an abundant harvest into survival. In 2025, family farm bankruptcies surged 46 percent nationwide — reaching 315 filings and marking the third …

    Source: The News Gazette - Illinois - Neutral
  • Published on Jul 1, 2026

    The kindest thing you can do for a failing business is close it

    In April 2021, Dennis Tay placed Naiise into liquidation and announced he would file for bankruptcy. The retailer, once one of Singapore’s best-known platforms for local designers, had reportedly struggled to pay vendors since at least 2016, first in …

    Source: The Straits Times - Pro-Government
  • Published on Jun 26, 2026

    The other side of the bankruptcy story| Ray Allegrezza

    I’ve always maintained that furniture retailing is an incredibly tough teacher.  More often than not, it gives the test, then the lesson. Here’s proof. Furniture Today recently reported that the home furnishings industry recorded 12 bankruptcy filings, …

    Source: Furniture Today - North Carolina - Pending
  • Published on Jun 30, 2026

    When the preparer's fraud is the client's problem

    The assessment statute is supposed to be a wall, but it has always had exceptions. As a general rule, Section 6501(a) of the Internal Revenue Code gives the IRS three years after a return is filed to assess tax. Clients count on that rule. Practitioners …

    Source: Accounting Today - Neutral
  • Published on Jun 24, 2026

    Why the Restaurant Group Behind Mi Cocina Is Trying to Rescue Razzoo’s Out of Bankruptcy

    After acquiring the bankrupt Razzoo’s Cajun Cafe in January 2026 for $18.8 million, Dallas-based restaurant group M Crowd Restaurant Group—which owns Mi Cocina, Monkey Bar, The Mercury, and more—inherited more than a struggling restaurant chain. It …

    Source: D Magazine - Texas - Neutral
  • Published on Jul 1, 2026

    Illinois farm bankruptcies rise for third straight year

    By Tara Sun Medill Illinois News Bureau news@capitolnewsillinois.com With the growing season well underway in Illinois, farmers once again are struggling to turn an abundant harvest into survival. In 2025, family farm bankruptcies surged 46% Nationwide — …

    Source: The Voice - Illinois - Neutral
  • Published on Jun 21, 2026

    Some inherited trusts will still be caught after ‘death tax’ backflip

    Save You have reached your maximum number of saved items. Remove items from your saved list to add more. Share AAA The Albanese government will still slap some inherited trusts with a minimum 30 per cent tax, despite backpedalling on their contentious …

    Source: The Sydney Morning Herald - Neutral
  • Published on Jun 30, 2026

    Digging In: What happened as Louisville jail’s healthcare provider went bankrupt

    Scrutiny of Louisville’s jail in recent years has led to an audit, reforms and a new staffing plan. The ACLU of Kentucky counted 23 in-custody deaths at the jail since 2021. The most recent was Juan Miguel Munoz Penalver, a 21-year-old immigrant who died …

    Source: LPM - Kentucky - Public Broadcaster
  • Published on Jun 19, 2026

    Fibre Excellence: bioenergy subsidies have pushed the largest French pulp company to bankruptcy

    Cellulose factory in St Gaudens (France). © Jean Paul Alandry, Wikipedia Commons Licence.   The largest remaining pulp company in France, Fibre Excellence, has filed for bankruptcy and its fate will be known soon. Wood market distortions created by …

    Source: Environmental Paper Network - Pending
  • Published on Jun 15, 2026

    Free Agricultural Tax webinar to tackle farm bankruptcy and financial options

    INDIANA – As financial pressures continue to impact agricultural communities across the Midwest, farmers, agricultural lenders, and rural professionals are being offered a free educational resource to help navigate complex legal and tax landscapes. The …

    Source: 1340 AM WBIW - Indiana - Indeterminate
  • Published on Jun 29, 2026

    ‘A real farm crisis’: Illinois farm bankruptcies rise for 3rd straight year

    Article Summary Family farm bankruptcies surged 46% nationwide in 2025. In the Midwest, filings jumped 70%. In Illinois, they rose 55%. Total farm debt is forecast to hit a record $624.7 billion in 2026, as overhead costs like land rent and interest keep …

    Source: KFVS - Missouri - Pending
  • Published on Jun 28, 2026

    I'm sorry, but Trump has nothing in common with our Founding Fathers

    June 28, 2026, 6:03 a.m. ET Trump is not a business model or a founding father Unless Patrick Gilligan’s letter to the editor is being sarcastic, he has it all wrong. ("Trump has a lot in common with our Founding Fathers," Detroit Free Press, …

    Source: Detroit Free Press - Michigan - Center-left
  • Published on Jun 28, 2026

    Leo XIV to Bestow Pallium On These 4 U.S. Archbishops in ‘Extra Special’ Moment With American Pope

    VATICAN CITY—Pope Leo XIV on June 29 will bless and bestow the “pallium” — a white woolen vestment symbolizing pastoral authority and unity with the pope — on 32 new metropolitan archbishops, including four from the United States. Leo will impose the …

    Source: National Catholic Register - Center-right
  • Published on Jun 28, 2026

    Theatrics and Fantasy — By Comparison, PT Barnum was an Amateur

    The adage, “There’s a sucker born every minute,” is attributed to the legendary 19th century entrepreneur and showman, P.T. Barnum. Historians tell us there’s no evidence that he ever said it or wrote it. But he is credited with many other quotes which …

    Source: The Monroe Times - Wisconsin - Neutral
  • Published on Jun 26, 2026

    Guess what? No tears from Corbyn over resignation

    Jeremy Corbyn ISLINGTON North MP Jeremy Corbyn has hit back at Sir Keir Starmer’s claim that he had re-vitalised the Labour party. During his resignation speech on Monday, Mr Starmer said that six years ago he had “inherited a Labour party that was …

    Source: Islington Tribune - Pending

05 days 02:55:26

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  • Published on July 1, 2026 - 21:58 GMT

    JULY 1, 2026, DISCIPLINARY ACTIONS

    The Florida Supreme Court in recent court orders disciplined 18 attorneys, disbarring five, revoking the license of four, suspending eight, and reprimanding one. Karim Batista, 4531 Ponce De Leon Blvd., Suite 200, Coral Gables, disciplinary revocation with …

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  • Published on July 1, 2026 - 23:15 GMT

    AEI Political Insights from the 2026 Social Security and Medicare Trustees Reports

    July 01, 2026 WASHINGTON, D.C. —The American Enterprise Institute (AEI) shed light on the Part D financial burden highlighted in the 2026 Social Security and Medicare Trustees reports. Medicare Part D expenditures have been revised upward by the …

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