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Arrest report: Suspect accused of vandalizing political signs caught on hidden camera
KSNV NBC Las Vegas covers news, sports, weather and traffic for the Las Vegas, Nevada area including Paradise, Spring Valley, Henderson, North Las Vegas, Indian Springs, Sloan, Searchlight, Laughlin and Nellis AFB.
SBA seeks to redefine small business, with some revenue caps reaching $1 billion
Critics warn that dramatically higher thresholds could leave the smallest firms competing against far larger rivals for federal contracts and loans
White House withholding $289 million of small business loans
The Trump administration is withholding $289 million appropriated by Congress for loans to small businesses. The elimination came through an executive order last year, with President Trump saying the program was "woke" and promoted "gender extremism" and "climate radicalism." NBC News senior financial reporter Gretchen Morgenson details the reasons for the pause and how damaging the move could be for Main Street.
Trump Administration Wants Billion-Dollar Businesses to Qualify as ‘Small’
Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest companies, their owners say.
Multi-vehicle crash near ramp to Business US-220 causing delays in Roanoke
A multi-vehicle crash is causing delays in the City of Roanoke on Wednesday, according to VDOT.
The key points from Joan Laporta’s crucial meeting with Barcelona’s sports committee
Barcelona are heading into the final week of the transfer window with a clear message emerging from the club’s sporting leadership: Julian Alvarez remains the target, and there is little interest in...
University of Miami names new interventional radiology chair
Stephen Solomon, MD, joins the institution after previously serving as IR chief at the New York-based Memorial Sloan Kettering Cancer Center and a professor with Weill Cornell.
British Business Bank’s small business loans hit £4bn
Executive pay jumps at the state-owned bank amid questions over its underwriting of commercial banks’ lending
Disney On Ice’s ‘Find Your Hero’ brings ‘Frozen’ and ‘Moana’ to Syracuse this December
Families can choose from 7 performances across 4 days, featuring characters from "Frozen," "Moana," and more.
Meet the science desk: Where research meets the world
Dear readers, My name is Maci Lesh, and I’m the new science editor, a title I still find a little funny, given I have spent most of my life actively avoiding anything that required a calculator. I was the kid who groaned through biology and negotiated my way out of every math class I could....
Cheaper health insurance changed their lives. Then it went away.
Part 1 of an occasional series on how people are being affected by the expiration of Affordable Care Act subsidies. EDWARDS, Miss. — Every now and then a freight train rumbles through, creaking and groaning on the rusted tracks that run along the edge of the largely deserted downtown. On some days, that train is […]
Köln still confident of signing Tottenham youngster
For some time now, 1. FC Köln have been in agreement with Mikey Moore over a one-year loan move from Tottenham, but the deal has yet to be completed.According to reports, Moore has not yet been given...
2026 Hardee’s Friday Night Blitz Preview Tour: Gretna Hawks
ROANOKE, Va. (WFXR) — Here’s a preview of the 2026 Gretna Hawks. Head Coach: Shaun Miller (6th Season) Last Season: 10-3….Lost at Glenvar in the Region 2C Finals 2026 Schedule August 28th – vs. Jefferson Forest September 4th – at Bassett September 11th – vs. Tunstall September 18th – at Halifax County September 25th – […]
Disaster loans available for businesses impacted by Spring freeze
HARRISBURG, Pa. (WHTM) — Business and nonprofits impacted by the Spring freeze earlier this year can now apply for federal disaster loans. The Small Business Administration announced this week that bu...
Analysis: Tigers show tenacity and talent
Since Hull were relegated from the Premier League in 2017, they have been down to League One and back before beating Middlesbrough 1-0 in the Championship play-off final to seal promotion last season. Slater, who joined the club initially on loan from Sheffield United in League One - and only cost £50,000 when he signed permanently - swung in a ball for Mendy - a £20m-plus purchase from Rayo Vallecano - to power in a header past Lammens. Sergej Jakirovic, the first manager in the Premier League from Bosnia-Herzegovina, will not let his Tigers get too carried away after being written off as relegation candidates by many on the eve of the campaign.
Historic redlining continues limiting healthy food access, study finds
Bad housing, high crime and poor schools are more important than transportation or income when it comes to accessing healthy food in neighborhoods historically subjected to "redlining" - the now-illegal practice once used to refuse loans, insurance or mortgages to people in certain neighborhoods that were disproportionately inhabited by racial and ethnicity minorities.
Residents object to expansion of business uses on Roanoke Avenue
A proposed code change to allow personal service uses along Roanoke Avenue south of the traffic circle drew pushback from residents during a public hearing.
HOMETOWN ENTERTAINMENT: Journey tribute band to perform at Dr. Pepper Park
Journey cover band plays Dr Pepper Park at the Bridges in Roanoke tonight
Your Weekly Michigan Political Brief
The League of Conservation Voters Action Fund has endorsed Democrat Abdul El-Sayed for the U.S. Senate. VoteVets announced its endorsement of Callie Barr, Democratic candidate for Michigan’s 1st Congressional District. Ben Ambrose, Democratic candidate for Michigan’s 2nd Congressional District, has been endorsed by United Food and Commercial Workers (UFCW) Local 951. Joanna Whaley, Democratic candidate […]
SBA proposes overhaul of small business size standards, expanding eligibility
The SBA proposed new small business size standards that could expand eligibility for loans, contracting and federal programs.
A day at the Illinois State Fair: Pork chops, politics and parking
A Chicagoan's take on his first real visit to the state fair.
Trump’s war on woke leaves almost $300 million in small-business loans in limbo
Congress appropriated funds to help America’s small businesses. The administration won’t release the money.
Official | Jordan James joins Wolves on loan
Having spent the last season on loan at Leicester City, Jordan James (22) has once again returned to the EFL Championship, this time signing for Wolverhampton Wanderers. James joined Stade Rennais fr...
Wolves sign Wales midfielder James on loan
Wolves sign Wales international midfielder Jordan James from French club Rennes on loan with an option to buy at the end of the season.
Guggenheim’s beaten-down loan whipsaws as lenders digest call
Executives steered clear of details about the wide-ranging probe into Mark Walter’s business empire.
Small businesses affected by Boyle Heights warehouse disaster can apply for federal assistance
The U.S. Small Business Administration approved California's request for a disaster declaration, making loans available to eligible small businesses, private nonprofit organizations, including faith-based organizations, that experienced financial losses directly related to the fire.
Amid federal scrutiny, Dodgers owner Mark Walter’s empire shifting billions
The filings offer a window into the finance mogul’s sports and business empire and reveal a loan tied to the MLB club has been paid off.
Governor Newsom secures federal disaster assistance for small businesses impacted by Boyle Heights warehouse fire
What you need to know: Governor Gavin Newsom today announced that low-interest federal disaster loans are now available to help small businesses and private nonprofit organizations recover from economic losses caused by the 2026 Los Palos incident, also known as the Boyle Heights warehouse fire, in Los Angeles. SACRAMENTO – Governor Gavin Newsom today announced that the […]
Walter’s insurer to slash scrutinized loans by $6.5 billion
The move whittles down the more than $20 billion of loans that insurers controlled by Walter previously said should have been labeled as affiliated but weren’t.
Parkinson's double frustration as Wrexham denied
Phil Parkinson bemoans his team's lack of ruthlessness – and the amount of stoppage time at the end – after a 98th-minute equaliser denies Wrexham victory at Cardiff.
Roane State inks articulation agreements with MTSU for aerospace and fire science pathways
HARRIMAN, Tenn. — Roane State and Middle Tennessee State University have signed articulation agreements partnering with Tennessee Flight Training and supporting streamlined transfer opportunities for students pursuing two of the community college’s newest offerings — aerospace and fire science. Presidents from both institutions, along with the president of Tennessee Flight Training, met at Roane State’s campus in Cumberland County on […]
‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent
The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.
Badiashile: Chelsea defender set for Napoli medical
Multiple sources claim that Chelsea defender Benoit Badiashile will undergo medical tests with Napoli tomorrow.Chelsea defender Badiashile is on the verge of joining Napoli on loan and will undergo me...
Roane State inks agreements with MTSU for aerospace, fire science path
Roane State and MTSU have partnered to create seamless transfer pathways for students in aerospace and fire science.
‘I Hate Losing’: Walter Rushes Makeover as DOJ Probes His Empire
The CEO of Guggenheim Partners and owner of the LA Dodgers flipped the Lakers within a year and has explored other steps to pay down loans from his insurers.
BUSINESS ‘Punk, intense and all-encompassing’: Chicagoan Dawn Heilung brings trans artists into focus
Gender Fucked Productions (Gender Fucked) Founder and former Executive Director and Artistic Director Dawn Heilung uses many labels to describe themselves— queer, bisexual, pansexual, polyamorous, trans, non-binary, transfeminine—because “I don’t think one can fully encompass my experience.” “I started [the trans, enby and queer arts and event production focused nonprofit] Gender Fucked Productions in 2022 because […]
Exclusive | Prosecutors Focus on Four Businesses Tied to Dodgers Owner Mark Walter
Proceeds from loans made by Walter’s insurers passed through firms purportedly controlled by each of these four entities.
Urban Chamber names Intermountain Health nonprofit of the year at Green Tie Awards
KSNV NBC Las Vegas covers news, sports, weather and traffic for the Las Vegas, Nevada area including Paradise, Spring Valley, Henderson, North Las Vegas, Indian Springs, Sloan, Searchlight, Laughlin and Nellis AFB.
FBI arrest Lawrence mayor for allegedly misusing COVID-19 small-business loans
The FBI has arrested the Mayor of Lawrence, Massachusetts, Brian Depena, for allegedly misusing $1.5 million in COVID-19 small-business loans.
Lawrence mayor faces federal charges, accused of misusing COVID business loans
Lawrence Mayor Brian DePeña was arrested Friday morning on federal charges alleging the misuse of COVID business loan money.
Lancaster County public sales: Aug. 14, 2026
Martin & Rutt Auctioneers LLC, of New Holland, conducted a public auction of real estate Aug. 4 for Joan N. Miller at 424 Haymarket Lane, Lititz. A two-bedroom rancher with
Your Business Loan Was Denied. The Most Important Answer Isn't in the Rejection
Banks won’t volunteer the reason for a denial, but there’s a way to get that information from them, and all it takes is one letter.
Young, Loeffler pitch expanded small business lending during Indiana visit
Todd Young and SBA chief Kelly Loeffler pitched higher federal loan limits and other policies to help Indiana farmers and small businesses.
$5 billion science research bond clears California Assembly committee
The California Assembly Appropriations Committee voted Thursday to advance a UC-sponsored bond measure that would fund scientific research across the state. The California Science and Health Research Bond Act – or Senate Bill 895 – would create the California Foundation for Science and Health Research to award $5 billion in grants and loans to public and private research institutions, including UC campuses.
Is the World Bank Ready for a Bigger Role in Global Health Financing?
The global health architecture is facing a financing crisis. Various proposals have been put forward, including an IDA Health Window—a ring-fenced fund at the World Bank for countries to seek support for financing their health systems. But could the World Bank absorb and effectively channel a greater share of health financing in the future? As the largest and most influential multilateral development bank, it is an attractive option: it works directly with country governments, provides financing through national budgets, offers both loans and grants, and supports investments across sectors based on country demand.
Consumer Debt Data Shows ‘Overall’ Health Amid Persisting Divides
Homeowners with low fixed-rate mortgages lead a resilient picture of the economy. But many consumers are frustrated with declining real wages and other loans.
CBA Profit Tops Estimates as Home and Business Lending Grows
Commonwealth Bank of Australia’s full-year profit topped estimates as lending grew in its key businesses of mortgages and loans to companies.
‘We are professionals’: Coalition of Public Service and Health Care Unions Sue to Block New Department of Education Student Loan Rule That Will Hurt Patient Care and Worsen Staffing Crises
WASHINGTON – A coalition of unions representing hundreds of thousands of public service and health care workers filed a lawsuit this week challenging the Department of Education’s new RISE rule.
Agency offering disaster loans to businesses
The U.S. Small Business Administration has announced the availability of low-interest federal disaster loans for eligible small businesses and private nonprofit organizations impacted by ongoing drought in areas of the
'A great deal'
Tom: Heard incredibly positive things from Sheffield Wednesday fans about the season he spent on loan there. Alexander: He is a great signing - a proven player originated from Manchester City. New senior squad players are noticeably at the younger end of the spectrum.
Joan Jett cancels remaining 2026 concerts after undergoing surgery for 'fractured vertebrae'
Joan Jett underwent orthopedic surgery on a fractured vertebrae, forcing cancellation of her September shows including Bourbon & Beyond festival.
Lyon’s Enzo Molebe to be loaned to Lausanne-Sport
Olympique Lyonnais’ Enzo Molebe (18) is set to join FC Lausanne-Sport, according to reports in L’Équipe. A deal in the form of a loan without an option to buy has been negotiated between the two ...
Villa interested in Endrick loan
Aston Villa interested in Endrick loan, Harry Kane expected to extend Bayern Munich deal and Arsenal make Bradley Barcola contact, plus more.
Low-interest disaster loans available to area small businesses, nonprofits
Local small businesses and nonprofits impacted by severe storms July 4 may apply for low-interest federal disaster loans to offset economic losses
Auto loan refinancing: How it works and when it could save you money
Explore how auto loan refinancing works, when it makes financial sense, and how preapproval options can help lower your monthly car payments.
Transfer of student-loan accounts to Treasury takes key step forward
The Treasury announced new steps to take over the management of defaulted student loans, including a partnership with new collection vendors.
Timberwolves' Joan Beringer: Slots in as No. 2 center
Timberwolves' Joan Beringer: Slots in as No. 2 center
Senate Hears Small Business Owners as SBA Cuts Loom
Senate committee examines Trump administration's plan to cut SBA budget by 67% and restrict green card holders from federal loans. Hear from entrepreneurs.
Belgian Pro League 2026/2027 Preview: Westerlo
Westerlo are entering another season in which they have sold their top scorer for a big fee and have signed a young forward to replace him. Norman Bassette joins on loan from Coventry and Westerlo fan...
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.
Adventure Science Center in Nashville to host Phoebe Bridgers album listening party
Adventure Science Center will be holding a listening party for Phoebe Bridgers anticipated 3rd studio album, Lost Weekend.
Federal probe of Guggenheim CEO Mark Walter reaches Chicago
Investigators are examining loans involving a little-known Wacker Drive trading firm as part of a broader inquiry into businesses controlled by the Dodgers owner.
US Stand Up for Science movement expands to Europe
A grassroots movement by scientists in the US pushing back against threats to academic freedom is setting up a Swiss outpost to take the movement global. Stand Up for Science started in February 2025 to protest against politically-motivated grant cancellations by the Trump administration. Since then, it has organised numerous rallies by scientists and turned into a broader campaigning organisation, supporting “pro-science” political candidates and attempting to impeach Robert F. Kennedy Jr, the health and human services secretary the group accuses of advancing “quack” science. Now, Stand Up for Science is establishing a Swiss office to take some of its campaigning beyond the US, and its leader is urging European academics to organise similar pro-science groups in case they face similar threats in Europe. There will likely be “spillover” to Europe from what the Trump administration is attempting in the US, said Colette Delawalla, chief executive of Stand Up for Science, who last month returned from a tour of Europe. “Are we going to see a Trump-style scientific [. . .] take over in the same way?” she asked.Delawalla, who is doing a PhD in clinical psychology, said she was driven to help found the organisation after the Trump administration started cancelling health research grants in politically taboo topics, such as transgender people, diversity and HIV, in early 2025. Since then, the administration has introduced several other measures that infringe academic and institutional autonomy.It threatened to cut Harvard University’s federal funding unless the university accepted a “critical mass” of new faculty and students to create “viewpoint diversity.” And this year, it proposed explosive new rules that would allow political appointees at research funders to screen grants to make sure they “advance the president's policy priorities.”US scientists have been at times stunned by the volume of announcements, and the country’s researchers were relatively unprepared. “We sit in front of the fire hose every day,” said Delawalla. For this reason, European scientists need to prepare now for similar assaults. “If you've got a little bit of extra time to start thinking through, and making those preparations and building community and solidarity,” then European researchers will “start five steps ahead of where we were.” She plans to return to Paris in September to share experiences with concerned French academics. Is Le Pen the same?During her European tour, Delawalla said that French academics were beginning to worry about a National Rally (RN) victory in presidential elections next year. She said there were “chilling similarities” between Trump and Marine Le Pen, the RN’s likely candidate. However, so far, the RN hasn’t proposed anything nearly as radical as the Trump administration has carried out. Its current manifesto is all but silent on university and research policy. Le Pen’s 2022 manifesto bemoaned a lack of French R&D spending, including in fundamental research, and promised to modernise labs and strip away grant bureaucracy. The party’s 2024 European election manifesto explicitly supported the Erasmus+ student exchange programme, scientific exchange and joint European technology projects. However, a Le Pen victory next year could see France drastically cut its contribution to the EU, which would hit the budget for science and innovation. Meanwhile, more restrictive immigration policies could hit university recruitment of faculty and students. Climate science denial?As heatwaves and wildfires have ravaged France, the RN has sought to distance itself from previous comments casting doubt on climate science.In the UK, the radical-right party Reform UK, now second in the polls, denied climate research in a draft of its 2024 election manifesto, but its leader, Nigel Farage, then appeared to quietly U-turn and said he was “not arguing the science.” By contrast, Trump has repeatedly and explicitly denied climate change science, in 2025 calling it “the greatest con job.” Like the RN, Reform UK has been light on research and university policy. However, it did say in its 2024 manifesto that universities should suffer “heavy financial penalties” for allowing “political bias or cancel culture” on campus, building on laws brought in by a previous Conservative government. Ahead of September state elections in Saxony-Anhalt in Germany, the poll-leading Alternative for Germany has proposed abolishing gender studies and postcolonial studies, and promised money for “critical” climate research and studies of Islam. Starts with rhetoricEven if European radical right parties aren’t currently planning the draconian policy measures of the Trump administration, Delawalla said that academics should not be complacent, and fight even small funding restrictions or anti-science talk from the start. “It starts off with sowing distrust about institutions,” she said. “It starts off with these small things, and then all of a sudden it's there.” There are other, more established science and university advocacy groups in the US aside from Stand Up for Science. But the group stands out because of Delawalla’s refusal to attempt to appear politically bipartisan or conciliatory. “I firmly believe that the US is experiencing fascism,” she said. “We’re not trying to win over the super Maga people,” she said, “and we never have been.” The lesson of the US is that even if universities or other institutions capitulate to government demands, this doesn’t save them from cuts and restrictions. “It doesn’t matter what people do,” she said. Global “pseudoscience”Another aim of Stand Up for Science’s push into Europe is to better coordinate a campaign to protect people in poorer countries from what the group describes as “pseudoscientific exploitation,” trials outside the US used to build a case against things like vaccines. Earlier this year, the group sent an investigator to Guinea-Bissau to investigate a controversial, Danish-run Hepatitis B vaccine project funded by the US Centers for Disease Control and Prevention.The study would have withheld a proven vaccine from newborns, Stand Up for Science argued in a briefing it presented to Congress, risking their health. Significantly, the research group based in Guinea-Bissau, known as Bandim, focuses on the “non-specific effects” of vaccines: impacts on health beyond preventing the target disease. Related articlesEuropean researchers sound the alarm that Trump rule changes will hit cooperationData corner: which fields of health science is the US curbing? The US ‘golden age’ science strategy: what Europeans need to know The suspicion is that the study was funded as part of an attempt to shop around for results that could help build a case against vaccines in the US, said Delawalla. “This is just code for vaccines cause autism,” she said.Bandim has put out a rebuttal of Stand Up for Science’s criticisms, arguing its work has uncovered a number of vaccine side effects, both positive and negative, which need to be taken into account in public health. However, Congressional Democrats took up the Stand Up for Science cause, and in February, Guinea-Bissau said it had permanently halted the study. WatchdogBut for Delawalla, this is not the end of the fight. Kennedy has made a number of health claims that scientists think lack evidence, such as the idea that seed oils cause inflammation, for example. Delawalla worries that more studies could be launched in poorer countries to fish around for evidence to support this agenda. Stand Up for Science is talking to African science organisations to create a kind of “watchdog” to scrutinise any further trials. “Outsourcing the investigation to some of the most vulnerable children in the world who are desperate [. . .] is fundamentally wrong,” she said.
Roanoke Business Owner Speaks Out After Kitchen Manager Detained by ICE
Tuesday started like any other business day at the Roanoke establishment—until kitchen manager Selvin Alfredo Ramos Perez failed to show up for work.
Billionaire Agarwal’s Vedanta Unit Seeks Mega Loan After Business Split
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This chaplain may become first trans person elected to Michigan legislature
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She graduated college with no student loans by flipping used clothes
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Cherokee Nation Commerce Services Innovation Hub's Funding Your Business
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Debt Digest | Federal Debt is a Health Care Problem
Welcome David Ditch to the Debt Dispatch! We are pleased to announce a new regular contributor: David Ditch will be joining the Cato Institute as a Policy Analyst for Budget and Entitlement Policy later this week. David has more than a decade of experience in fiscal policy issues, with a particular focus on federal spending. He previously worked at the Senate Budget Committee, the Heritage Foundation, and the Economic Policy Innovation Center. David’s areas of expertise include appropriations, transportation, agriculture, federalism, grantmaking, and policy options for deficit reduction. Originally from the Rochester, N.Y. area, David has a BA in Economics and Political Science from the University of Rochester and a MA in Political Management from George Washington University. David currently lives in Arlington, VA. You may have enjoyed his earlier guest posts: CBO: New Highway Bill Has More Spending, Taxes, and Deficits Trump Administration’s Proposed Changes to Federal Grants Highlight Problems of Big Government Here are this week’s reading links and fiscal facts: The federal debt is largely a health care problem. In a new report, the Congressional Budget Office and Joint Committee on Taxation find that “In 2026, federal subsidies for health insurance, net of related payments to the government, are projected to equal $2.4 trillion, or 7.4 percent of gross domestic product (GDP). In CBO and JCT’s projections, those subsidies grow by 65 percent, reaching $3.9 trillion, or 8.4 percent of GDP, in 2036. Subsidies for Medicare contribute most to that overall growth, increasing by $900 billion. Over the entire 2026–2036 period, federal subsidies for health insurance total $33.6 trillion.” Cato’s Michael Cannon emphasizes, “The long-term federal debt problem is a health care problem. […] Only two categories of federal outlays will grow faster than gross domestic product (GDP): health care subsidies and interest payments on the debt. The former is, therefore, the primary driver of the latter.” The bond market fears deficits, not the loss of tariff revenue. Responding to a New York Times essay claiming tariff revenue has grown too important for a future administration to unwind, Cato’s Kyle Handley argues: “Bond investors are not attached to customs duties as a line item revenue source. They care about the government’s overall fiscal position.” He continues, “tariff revenue is a side hustle. And the Trump administration has already promised to dole out the funds through schemes like tariff dividend rebates, farm subsidies, and pay-fors on tax cuts or other spending.” Furthermore, “tariff revenue is simply not large enough to transform the government’s fiscal trajectory.” Take net interest for example: it “reached $970 billion in fiscal year 2025, absorbing 18.5 percent of federal receipts. Customs duties accounted for only 3.7 percent of receipts—and that was before refunds (see Figure 2).” Handley concludes, “The real bond-market concern is a large and growing interest bill, persistent budget deficits, and a political system unwilling to bring spending and revenue into alignment.” Medicare’s spending growth is driven by more volume and utilization. A Congressional Research Service report finds that Medicare spending “grew at an average annual rate of 7.3%” from 1985 through 2025, and the trustees project health care expenditures will keep rising “faster than gross domestic product (GDP) in most future years.” Citing CBO, the report attributes Medicare’s projected 2026–2036 spending growth to “23% from higher enrollment, 31% from inflation, and 47% from the growth of inflation-adjusted spending per beneficiary. In other words**, the largest single driver of Medicare spending growth during the next decade is expected to be higher volume and intensity of health care services.”** Boccia and Thakur explain: “as the economy grows, Medicare spending tends to grow at least as fast—and often faster—because the program automatically pays the bill for more and more healthcare consumption by seniors, even as prices rise.” The Fed has little control over market interest rates. Cato’s Jai Kedia documents that the Fed has held its rate target steady since December, yet “nearly every rate Americans actually borrow at has climbed over the same stretch.” Kedia continues, “The Fed did nothing, and the cost of credit went up anyway. […] Markets spent these months repricing macroeconomic events such as sticky core inflation, a volatile energy market driven by the conflict in the Middle East, and global trade disrupted by tariffs, among others. None of that required a policy change to show up in borrowing costs because markets, not the FOMC, set prices.” He concludes, “Accurately priced borrowing rates will come from credible disinflation and disciplined budgets and from a Fed content to follow the economy rather than pretend it leads it.” Nearly half of US farm income comes from taxpayers. Former Reagan OMB director David Stockman notes that “in the most recently completed full year (FY 2025) farmer incomes in the US totaled $97.8 billion, but fully 42.7% or $41.8 billion of that amount came from taxpayers, not the marketplace. Nor is this some kind of one-year aberration. If we look at the most recent decade as a whole, total farm income posted at nearly $708 billion, but, as indicated, fully $322 billion or 45% of this came compliments of US taxpayers.” Cato’s Chris Edwards explains why so little of that income is market-earned: “Farmers are businesspeople, but the government shields them from just about every type of weather and market risk. Furthermore, just about every part of the agricultural industry is subsidized, including insurance, loans, marketing, research, export sales, and land improvements.” The Debt Dispatch is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Scranton Business and Professional Women’s Club scholarship
Joan Peterson, right, presents a check to the winner of the Scranton Business and Professional Women’s Club scholarship for 2026, Isabella Hubert. Isabella graduated from Scranton High School and will attend the University of Scranton in t…
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Why This Business First Insider Sale Matters Less Than Second-Half Loan Growth And Deposits
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Small-Business Owners Put Millions Into “Good Faith Accounts.” He Bought a Yacht
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A Courthouse Employee Got $41,250 for a Business That Didn’t Exist, She Won’t Go to Prison
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Southlake man gets 9 years in prison for $8M business loan scheme
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Dr. Karen Studer to Lead Joan P. Brock Institute for Nutrition Science and Health
The Joan P. Brock Institute for Nutrition Science and Health at Macon & Joan Brock Virginia Health Sciences at Old Dominion University has reached another major milestone with the appointment of Karen Studer, MD, MBA, M.P.H., as its inaugural executive director, effective October 5, 2026.
U.S. Small Business Administration offering up to millions in loans for summer storm damage
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How a Houston contractor is using her business to open doors for single moms in the trades
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Department of Development helps woman-owned business expand
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Business Briefs: July 31, 2026
Greenfield Savings Bank welcomes new first vice president, commercial loan officer GREENFIELD — Greenfield Savings Bank recently announced that Douglas Gilbert has joined the bank as first vice president, commercial loan officer. Gilbert brings more than 30 years of banking experience and a strong background in accounting and commercial lending. “We’re excited to welcome Doug […]
Late for Work: Sports Physical Therapist Doctor Offers Encouraging Outlook for Nnamdi Madubuike
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3 in 4 small business owners recently used their own credit card for business expenses
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Heat, Giannis to open preseason in Quebec City. A look at the full preseason schedule
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Grand Rapids lands $1M to revive struggling business corridors
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SAVE borrowers contend with skyrocketing student loan repayments
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Deadline approaches for Barcelona’s offer for Julian Alvarez
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The Small Business Administration is offering new grants and up to $10 million in financing
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German Bundesliga receives €1bn funding proposal from U.S. investment firm Apollo Sports
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Investigation of Mark Walter’s empire began with Guggenheim whistleblower: report
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Cherokee Nation Commerce Services Innovation Hub's Funding Your Business
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Business of Broadway: What are we really paying for on Broadway?
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Tottenham boss hints over Moore future
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Nick Woltemade told he's free to leave Newcastle on loan
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A planetarium for the brain
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World Cup goalkeeper Goodman joins Dundee from Palace on loan
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