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Vance and Rubio take different approaches as Iran tests their 2028 prospects
Vice President JD Vance and Secretary of State Marco Rubio appear to be staking out differing approaches to carrying out President Donald Trump’s national security agenda as the possible 2028 presidential rivals jostle for position in a divided Republican Party.
Trump’s wealth grew on a scale without modern presidential precedent
President Trump's income has increased in office on a scale not seen by any past president — not even Trump.
Trump visits newly built Theodore Roosevelt Presidential Library in North Dakota
The facility's grand opening is July Fourth, but Trump visited Wednesday to see the library and to speak to a crowd at a nearby amphitheater
Retrofitted Qatari jet takes flight as Air Force One for Trump's N. Dakota trip
It has luxury features like plush carpets, lie-flat seats, wood paneling and a presidential seal on the seat belts
Retrofitted Qatari jet takes flight as Air Force One for Trump's N. Dakota trip
It has luxury features like plush carpets, lie-flat seats, wood paneling and a presidential seal on the seat belts
Trump's new Air Force One: differences, design, cost, photos of inside
Donald Trump flew on the new Air Force One, a luxury jet gifted from Qatar, for the first time. Here's how it compares to the old presidential plane.
Florida is ‘on fire’ with corporate relocations, experts say
Blanca Commercial Real Estate CEO Tere Blanca and DaGrosa Capital Partners Chair Joe DaGrosa speak to Fox News Digital about how a California commercial exodus has followed a residential one to the Sunshine State.
How urban design leads to better wellness
A new big-data analysis of the U.S. shows how urban design aids the health of city residents — especially when cities provide walking opportunities, greenery, and mixed-use streets with a blend of commercial and residential activity.
CNN Host and Chief Legal Analyst Laura Coates, breaks down the major rulings by the Supreme Court on presidential power.
Professor known for 'torture memos' will advise conspiracy probe focused on perceived Trump foes
John Yoo, a conservative law professor known for his views on presidential power, confirms he will advise a team investigating whether officials conspired against Donald Trump.
Supreme Court hands Trump new power to tighten his grip on the federal government
Trump lost a Supreme Court case over his attempted Fed firing. But he won a bigger fight for presidential power.
ROD Plumbing Inc Strengthens Community Commitment Through Membership with the Round Rock Chamber
Round Rock, TX, June 29, 2026 (GLOBE NEWSWIRE) -- ROD Plumbing Inc, a trusted provider of residential and commercial plumbing services throughou...
Supreme Court says Fed's Lisa Cook can keep her job for now, but it upholds other Trump firings
The Supreme Court on Monday dramatically expanded presidential power, upholding President Donald Trump’s firings of the heads of independent federal agencies with one important exception, the Federal Reserve.
Supreme Court Expands Presidential Power by Allowing Trump to Fire F.T.C. Official
President Trump’s firing tested a precedent that had insulated independent regulators. But the justices carved out the “unique role” of the Federal Reserve.
Supreme Court rules on Trump's attempt to fire Fed governor Lisa Cook
The Supreme Court ruled on President Donald Trump's bid to fire Fed Governor Lisa Cook, potentially reshaping presidential power over the central bank and economic policy.
Supreme Court issues opinions
Major rulings are anticipated this week in cases involving presidential power, birthright citizenship and transgender rights.
Wa-Hi junior Lars Sandven selected for prestigious national science camp
The residential summer camp provides academic and leadership experience in STEAM fields.
Benevolent, manufacturing facilities: See 20 latest business, apartment, land sales ($30K to $1.4M)
See a list of property sales in Onondaga County other than residential homes.
Supreme court nears the end of its term with cases about Donald Trump’s power to be decided
Court expected to hand down decisions on several outstanding cases, wrapping up term that has focussed on Trump’s expansive claims of presidential power
Conservative presidential power expert set to assist investigation into Trump foes
John Yoo — a well-known and, in some legal and political circles, infamous conservative lawyer — will assist a Justice Department investigation that has theorized a yearslong conspiracy against President Donald Trump and is looking at several former high-ranking federal officials.
Democrats Wrestle With Race, Populism and Ideology in Clashes With Lawmakers of Color
WASHINGTON (AP) — After democratic socialist Claire Valdez defeated an establishment-backed candidate in New York's congressional primary last week, her elated supporters quickly turned their attention to a new target. “You're next!” they chanted when an image of House Democratic leader Hakeem ...
The Presidential Prayer Team
Each day, we invite you to join us in prayer for our national leaders. As mandated by 1 Timothy 2:1-2, we encourage prayer for those in positions of authority.
Presidential ambitions? Moore speech to contrast Trump rally
Wes Moore has repeatedly said he's focused on his role as governor, but political analysts say his actions point to a run for higher office.
Pete Buttigieg says he was the victim of bogus report to child protective services
The high-profile Democrat and potential 2028 presidential contender said he couldn’t see his twins for 24 hours as report was investigated.
Why JD Vance is downplaying Richard Nixon’s corruption
It’s not every day that you see the would-be frontrunner for a major party’s presidential nomination extolling the virtues of Richard Nixon and downplaying his corruption.
Six Watauga students graduate from N.C. School of Science & Mathematics
MORGANTON/DURHAM — Six students from Watauga County were part of 470 from all across North Carolina who graduated this year as members of the residential Class of 2026 of the
Gavin Newsom opposes a California wealth tax. He’s proposing a national billionaire tax instead
California Gov. Gavin Newsom on Friday proposed a national tax on billionaires that he says is the first part of an “economic reset for America” agenda, which aides explicitly say is part of his considering to launch a presidential campaign.
Governor Mills Celebrates Groundbreaking for Youth Mental Health Treatment Facility in Saco
Saco, MAINE-- Governor Janet Mills today participated in a groundbreaking ceremony for Sweetser's new youth psychiatric residential treatment facility. Governor Mills and the Legislature secured more than $5 million to help build the treatment facility.
Immigrant-led residential care businesses in Maine launch new coalition
The group consists of 30 agencies who provide Medicare services to Mainers with intellectual disabilities and autism.
Trump-endorsed de la Espriella declared winner of Colombia presidential election
He defeated progressive lawmaker Iván Cepeda by 1 percentage point
Trump-endorsed de la Espriella declared winner of Colombia presidential election
He defeated progressive lawmaker Iván Cepeda by 1 percentage point
Democratic socialists just dominated New York — and are coming for 2028
The group is asking members across all 250 chapters to weigh who they want to back in the next presidential election and why, according to a plan first shared with POLITICO.
Trump foe wins crucial Dem primary as 2028 presidential speculation swirls
Gov. Wes Moore wins Maryland's Democratic gubernatorial primary, moving closer to re-election amid 2028 presidential speculation and Trump feuds.
Zohran Mamdani’s influence over Democrats put to the test, and other things to watch in Tuesday’s elections
New York’s primaries on Tuesday will test just how influential Mayor Zohran Mamdani is with voters six months into his tenure — and offer a preview of the ideological battles to come as Democrats look ahead to the 2028 presidential primary.
Populist wins Colombia election, but results are challenged
Conservative political outsider Abelardo de la Espriella held a razor-thin lead after Colombia’s deeply polarized presidential runoff, which is being challenged by the ruling party’s progressive candidate.
“Criminal Approach to Politics”: Trump Ally Abelardo de la Espriella Wins Colombian Presidency
Right-wing Trump ally Abelardo de la Espriella has clinched a narrow victory in Sunday’s runoff presidential election in Colombia, defeating leftist Senator Iván Cepeda, an ally of current President Gustavo Petro. De la Espriella ran a fearmongering, “tough-on-crime” campaign, promising to build mega-prisons inspired by El Salvador’s authoritarian President Nayib Bukele, to bomb “narcoterrorist camps” and to abandon Petro’s peace efforts. His reported victory is also a win for U.S. President Donald Trump, whose administration is waging an intensifying “war on drugs” across Latin America, targeting left-wing leaders like Petro with false allegations and threats of military intervention. “De la Espriella clearly represents a criminal approach to politics: lying, propaganda, coordination and collusion with criminal narcotrafficking, restriction of rights, and money laundering,” says longtime Colombian activist Manuel Rozental. With his victory, says Rozental, “We expect to have military operations and a U.S. intervention within the country. We expect to have human rights abuses. We expect to have militarization. And it’s all for the extraction of resources and the link of drug trafficking to the U.S. government, U.S. interests and global mafia.”
Katy Growth Tracker: New Restaurants, Entertainment Expansion and 348-Unit Apartment Project
Several commercial and residential development projects are moving forward across the Katy area, including new restaurants, an entertainment venue expansion and a large apartment community planned in Jordan Ranch.
Can a Community Move Beyond the Systemic Fractures of Mental Health Care? "All Access hosted by Andy Garcia" Explores the Coordinated Response in Kansas
The educational segment, filming on June 23, 2026, features Mental Health America of South Central Kansas as it challenges the traditional boundaries of regional behavioral healthcare. Filmed on location across outpatient counseling spaces, children and family programs, adult support services, and residential environments supporting recovery, stability, and independence in Wichita, the feature captures how connected programs, community partnerships, and compassionate care create a functional saf
The Democratic Party Is Weak. This May Be a Good Thing Ahead of 2028
The Democratic Party is weaker than ever, and it's inability to force through a 2028 presidential nominee may be a good thing, writes Matt Bai.
Colombia's presidential runoff election will decide how the country continues to tackle drug trafficking
As Colombia's government makes modest gains in disarming guerrillas, voters head to a runoff where the frontrunner vows to abandon peace talks and escalate a hardline war on drug traffickers.
With the opening of the Obama Presidential Center, NPR's Don Gonyea looks back on covering the former president
The opening of the Obama Presidential Center in Chicago is a full circle moment for at least one the journalists who covered his political rise.
Absurdity is now routine in American presidential politics
Trump’s latest stream of boasts, falsehoods and provocations drew little notice — a sign of growing public desensitization.
Probe into Newsom produces a lot of smoke. Is there any fire?
Some say the investigation will boost the governor's presidential prospects. But it’s too soon to say. The action by Trump's corrupted Department of "Justice" presents more questions than answers.
Obama Center embeds 'Indigenous' land message on controversial site
The Obama Presidential Center features a permanent land acknowledgment display near the museum tower, sparking debate given the site's history.
Illinois GOP chair says Obama Center is political operation on public land
Illinois Republican Party Chairman Bob Grogan says the Obama Presidential Center functions as a political operation and headquarters for the Obama Foundation rather than a traditional presidential library.
California’s Newsom, Under Federal Investigation, Leans Into Fight With Trump
The Democratic governor considering a presidential run has turned a Justice Department probe into a fundraising opportunity.
Trump unveils a new presidential airplane
President Donald Trump is at Joint Base Andrews unveiling a new presidential aircraft: a luxury jet donated by the government of Qatar that has been painted red, white and blue and adorned with the words “United States of America.”
Barack and Michelle Obama surprise first visitors to newly opened presidential center
Former President Barack Obama and former First Lady Michelle Obama surprised some of the first visitors to walk through the doors of Obama’s new presidential center, personally greeting them.
As Juneteenth is celebrated across U.S., Obama's presidential center opens
This year's Juneteenth events, held to celebrate the end of slavery, come amid deep political divisions as the nation grapples with renewed questions about the arc of racial progress
WATCH: Would-be second-term President Biden left searching for family on stage after Obama Center opening
Biden sparked an awkward moment at Obama's presidential library dedication, drifting back toward the stage and shouting for his granddaughter.
Obamas inaugurate presidential center, cementing their political legacy in Chicago
The new campus on Chicago’s South Side is more than a traditional presidential library. It harkens back to former President Barack Obama’s political origins as a community organizer.
Obama Presidential Center opening: See the celebs who attended
Barack Obama's presidential center opened in Chicago with Oprah, Tom Hanks, Stevie Wonder, and Bruce Springsteen among the A-listers in attendance.
Zimbabwe bill to scrap presidential elections sparks backlash
Supporters call the bill a governance reform, while opponents see a turning point for Zimbabwe's political future.
Stephen Colbert wears tan suit to Obama Presidential Center opening, winking at 2014 White House fashion controversy
Stephen Colbert wore a tan suit to the Obama Presidential Center opening, calling back to the controversy surrounding Barack Obama wearing a tan suit to a press conference in 2014.
Black Business Hub in Madison hosts watch party for Obama Presidential Center opening ceremony
Dozens gathered at the Black Business Hub in Madison to watch the grand opening of the Obama Presidential Center.
Obama Presidential Center dedication: A nod to a past era in politics and future hopes
All living former presidents gathered for the dedication of the Obama presidential center in Chicago. It was a star studded event that harkened back to a more-optimistic era in American politics.
Dedication ceremony held for Obama Presidential Center in Chicago
The Barack Obama Presidential Center officially opens to the public Friday on Juneteenth
Dedication ceremony held for Obama Presidential Center in Chicago
The Barack Obama Presidential Center officially opens to the public Friday on Juneteenth
Obama encourages people to not give in to despair in current political climate
Former President Barack Obama speaks at the opening of the Obama Presidential Center, imploring Americans not to give in to cynicism and despair in the current divisive political climate.
WATCH LIVE: Barack and Michelle Obama open Obama Presidential Center with Springsteen, Stevie Wonder
Former President Barack Obama is getting a little help from his friends in celebrating the opening of his presidential museum in Chicago.
Obama Presidential Center opening: Live updates on star-studded ceremony
The opening ceremony of the sprawling campus and eight-story museum in Chicago celebrates the country’s first Black president.
Iconic Chicago Museum of Science Industry closed Thursday; open for free day Friday
One of Chicago's most famous museums will be closed to the public Thursday to support the grand opening of the new, highly anticipated Obama Presidential Center.
Rubio lets Vance take the fall as Iran deal questions mount
A split over Iran between two top presidential contenders has burst into the open.
Obama Center launch brings Democratic political glitterati to Chicago ahead of crucial elections
Political elites, White House alums, donors and business leaders will converge on Chicago on Thursday to commemorate the launch of the Obama Presidential Center.
Americans view Obama far more positively than Trump or Biden, CNN poll finds
As Barack Obama opens his presidential center, he does so as by far the most popular living president.
The Presidential Prayer Team
Each day, we invite you to join us in prayer for our national leaders. As mandated by 1 Timothy 2:1-2, we encourage prayer for those in positions of authority.
Two sides of a political chasm share one fear in Colombia’s presidential race: A return to the past
More than 10 million people are victims of the harshest acts of violence in Colombia’s six decades of armed conflict
With heat becoming deadlier, UCLA mobilizes community health workers as a front line of defense
‘Heat ambassadors’ are bring life-saving resources directly to vulnerable residents in partnership with LA County.
On Iran, Trump is committing the cardinal sin from the ‘Art of the Deal’
Toward the end of the Obama administration’s negotiations over its Iran nuclear deal in 2015, then-presidential candidate Donald Trump chimed in with some advice from his book, “The Art of the Deal.”
D.C. voters face a new political era without Eleanor Holmes Norton, after her 18 terms in Congress
Norton chose not to run for reelection after mounting concerns that, at 89 years old, she was no longer capable of forcefully combating a Republican-led Congress and presidential administration constantly overriding the heavily Democratic city's leadership.
‘It’s a sanctuary’: DFW’s first state behavioral health hospital opens to patients, community
State officials and UT Southwestern Medical Center on Tuesday unveiled Texas' newest state hospital, the first in the Dallas-Fort Worth Metroplex. The Texas Behavioral Health Center joins ten other facilities — nine state hospitals and one youth residential treatment center — to provide care for hundreds of Texans with serious mental health issues.
World Cup and presidential runoff: How Colombia’s yellow jersey got political
Colombia plays its first game in the World Cup and votes for its next president this week. Its national soccer jersey has ended up stuck in the middle.
Proposed USPS rule could restrict vote by mail
Nearly 30% of all votes cast in the 2024 presidential election were by mail. But voting by mail could be severely restricted if a new rule proposed by the U.S. Postal Service is adopted
Live results: Oklahoma midterm primaries
A combination of term-limits, retirements, aspirations for higher office and one high-profile presidential appointment have triggered a wave of open seats in Oklahoma’s state primary on Tuesday.
The Supreme Court Just Axed a 91-Year-Old Precedent That Protects Us from a Troubling Executive Power
Chief Justice John Roberts is nothing more than presidential power enthusiast in judicial garb.
More than 52K cast ballots in first 2 days of early voting in N.Y. primaries
Typically during the primary election season, especially in non-presidential years, voter turnout is low.
Chicago teen entrepreneur to have pet treats sold at Obama Presidential Center gift shop
California Gov. Gavin Newsom says Trump's Justice Department is investigating him and his wife
Democratic California Gov. Gavin Newsom said Monday that the Justice Department is investigating him and his wife, accusing the Trump administration of targeting him for political purposes as he weighs a presidential bid
Gavin Newsom says Trump Justice Department is investigating him
California Gov. Gavin Newsom said Monday that the Department of Justice is investigating him, claiming that President Donald Trump is targeting a “political enemy” despite no evidence the Democratic potential 2028 presidential contender has committed a crime.
Vance says he’ll examine political future after midterms
Vice President Vance said he’ll explore next steps for his political career after the midterm elections as speculation about a potential 2028 presidential bid stirs. “Usha and I will absolute…
JD Vance says he will discuss 2028 presidential run after midterm elections
Vice-president says he tries not to make decisions until he ‘absolutely must’ but has ‘no doubt’ Trump will support him
JD Vance says he’ll discuss 2028 presidential run with wife after midterms
Vice President JD Vance also said he doesn't initiate conversations about his political future with President Donald Trump, but noted that Trump is "fascinated by it."
Obama Presidential Center's $470M safety net under scrutiny as subcontractors say they're owed millions
The Obama Foundation has yet to build a $470 million reserve fund meant to protect taxpayers, raising concerns as contractor payment disputes mount.
Sen. John Kennedy speaks at 'Politics and Eggs', says 'never say never' to presidential run
Sen. John Kennedy has carved out his own space in American politics. The senator from Louisiana charmed his 'Politics and Eggs' audience with unique insights from Capitol Hill.
The Obama Presidential Center was meant to lift up local contractors. Some are now fighting for survival.
Some subcontractors on the $850 million project say they are being pushed to the financial brink as they quietly fight to collect millions of dollars in unpaid bills.
Current administration 'like a natural disaster' for science
Some parts of landscape may never recover, says former presidential science adviser and NSF chief
LatAm in Focus: De la Espriella, Cepeda, and Colombia’s Political Divide
Political scientist Dr. Sanda Borda examines the figures and forces shaping the presidential race ahead of the June 21 runoff.
Minnesota, facing a shortage of mental health facilities for kids, could lose two more
The state suspended the license of an East Bethel residential treatment facility, while another facility in the northern exurbs is closing this month.
Social Security is Facing a Political Crisis
On Tuesday the Social Security Trustees released their latest report on the system’s finances. The numbers didn’t change much: Unless something is done, the Old Age Survivors and Disability Insurance (OASDI) program, Social Security’s official name, will be unable to pay full benefits starting in either 2032 or 2034, depending on some technical issues. That’s not far away: If the Trustees are right, the prospect of a Social Security crisis will loom over the next presidential administration. It’s important to understand, however, the nature of the looming crisis. It won’t be an economic crisis. It won’t even be a serious fiscal crisis. Whatever you may have heard, Social Security isn’t in danger of going bankrupt. What we’re facing, instead, is potential political crisis. Congress and the White House could easily take action to sustain America’s retirement system. But given the current state of our politics, there’s no guarantee that they will. There is a widespread misunderstanding of how Social Security works. While Social Security was designed to look like a pension fund, it isn’t. A pension fund pays benefits out of a stock of assets it has accumulated over time. In contrast, Social Security operates as a government transfer program, like food stamps or Medicaid. Now, unlike food stamps — but like the highway trust fund — Social Security is on paper supported by a dedicated tax, the payroll tax, that is assigned to that program. But I say “on paper” because from an economic point of view assigning the payroll tax to Social Security is just an accounting convention. What matters for the U.S. economy is the overall balance between government spending and government revenue, not the difference between one type of spending and one source of revenue. So there’s no inherent economic significance to the fact that by 2034 payroll tax receipts will be insufficient to cover promised benefits. There is, however, a legislative issue. As long as the Social Security Administration can pay benefits out of payroll taxes and its cash reserve, there’s no need for Congress to vote each year to authorize benefits — they just keep going out until further notice. However, once those resources become insufficient, benefits will fall —by 17 percent according to the Trustees — unless Congress passes new legislation that “tops up” Social Security’s finances. Yet the current administration and Republican party are such extremists that there is a real risk that Social Security will be held hostage on behalf of their goals. If this should come to pass, the hostage-takers will claim that shoring up Social Security is unaffordable. Right on cue, Mike Johnson, the Trump-sycophant Speaker of the House, declared on Monday that “entitlement programs” like Social Security “have to be adjusted and fixed,” and that Republicans will introduce a plan to that effect next year. But this is a ploy, because while the cost of maintaining Social Security benefits at their promised level isn’t trivial, it is in fact affordable. According to the Trustees’ report, the actuarial balance of OASDI up through 2050 — the amount of additional funds it would need to keep paying full benefits for the next 25 years — is 1.06 percent of GDP. To put that number in perspective, the Trump administration proposes increasing military spending next year by $420 billion, equivalent to about 1.4 percent of GDP – without any discussion of whether that’s affordable Yet how did we get to the point where Social Security will need to be topped up? The main answer is that we have an aging population, with a growing ratio of retirees collecting benefits to workers paying into the system: Trump’s anti-immigration policies are making this problem worse. According to the Trustees’ report, lower immigration will deepen Social Security’s financial hole because many immigrants are working-age adults who will pay into the system for decades before they collect benefits. In fact, this problem may be much bigger than the report acknowledges: The report’s baseline assumption is that we’ll have net immigration of almost 1.2 million people a year, and even the pessimistic case assumes 750,000 a year. Meanwhile actual net immigration has already been cut far below that — and may now be negative. Moreover, Social Security is being financially damaged by growing income inequality in America. Payroll taxes are levied only on wages up to $184,500, and they don’t touch capital income. With the distribution of income increasingly shifting from labor to capital, as well as becoming more unequal among wage-earners, revenue from the Social Security payroll tax has been falling as a share of national income. From 1990 to 2024, it fell from 5.02 percent of gross domestic income to 4.46 percent. Which brings me to the question that, these days, we ask about everything: How might Social Security be affected by the advent of AI? A short answer: If, as many of us fear, AI accelerates rising income inequality, it will further reduce the payroll tax receipts that currently pay for Social Security and further endanger its finances. On the other hand, if AI, as its advocates promise, leads to faster economic growth, it will increase the potential tax base that could and should be used to support Social Security and other social insurance programs. But to take advantage of that larger base, we’ll have to get serious about taxing wealth and capital income. Is Social Security in trouble? Yes, but only because of the way its financing is currently structured — a structure that no longer works well because our society and economy have become so unequal. Moreover, Trump’s immigration policies are further endangering its already deteriorating financial condition. So don’t believe Republicans’ gaslighting that it will be necessary to cut Social Security benefits. All that is necessary to preserve Social Security is political will to raise taxes on the wealthy and a sensible immigration policy. MUSICAL CODA Actually 67 under current law.
Alexander Chambers calls for faster business growth in Navajo presidential bid
Alexander Chambers says the Navajo Nation does not need more authority to build its economy. It needs a president who can move faster.
‘Big Ev’ breaks silence on Barstool absence, reveals gambling addiction
Evan “Big Ev” McDowell broke his silence Wednesday in a video posted to social media, confirming that he checked himself into a residential treatment center for a gambling addiction, in what amounted to his first public statement since disappearing from Barstool Sports content in early April amid allegations that he stiffed multiple illegal bookmakers out…
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.
Trump wanted to star at the World Cup, but politics may spoil the party
Donald Trump thought he’d miss out on the chance to stride the globe’s biggest sporting stage, lamenting in 2018, when the US won the right to co-host this year’s World Cup finals, that “I won’t be here” owing to presidential term limits.
College of Business grad’s investment prowess leads to prestigious summer program at Harvard
Most undergraduate students do not manage $6.2 million in assets, but Dola Popoola is not most students. While completing her double major in finance and marketing, the Oregon State University Presidential Scholar and soon-to-be College of Business graduate also served as president of the Oregon State Investment Group, one of the top 25 student-managed investment funds in the nation. That experience helped cement her love of finance and taught her what it takes to be successful in the industry, she said.
Inside Iowa Politics: Potential 2028 presidential candidate’s advice to Democrats
Kentucky Governor Andy Beshear offered advice to Democrats on how to talk with voters.
Inside Iowa Politics: Potential 2028 presidential candidate’s advice to Democrats
Kentucky Governor Andy Beshear offered advice to Democrats on how to talk with voters.