Mid Cap

  • September 30, 2026

    Parler Ex-CEO Makes Final Trial Pitch For $100M Damages

    The former CEO of social media site Parler made his final argument Wednesday that he was wrongly stripped of a stake worth up to $100 million, with his lawyer telling a Nevada jury a valuation finding the entire company worth $10.81 was "bunk."

  • September 30, 2026

    23andMe Beats Calif.'s Bankruptcy Sale Privacy Challenge

    A Missouri federal judge on Tuesday denied California's bid to undo the $305 million bankruptcy sale of 23andMe over concerns that the sale sidestepped state consumer data protections, ruling that the state lacks standing to challenge the sale and that the court's "good-faith" findings aren't clearly erroneous.  

  • September 30, 2026

    Ch. 7 Filings Rise As U.S. Households Squeezed

    Filings for Chapter 7 protection jumped 15.7% year over year and outpaced other types of bankruptcy filings in the first half of 2026, reflecting increased financial stress in spite of an ostensibly prosperous economy, according to new data released by G2 Risk Solutions.

  • September 30, 2026

    Mass. Hospital Says It Can't Arbitrate Union's Pay Claims

    A Massachusetts hospital asked a federal court to declare that a Service Employees International Union local cannot arbitrate its class action grievance alleging the hospital failed to correct violations of a collective bargaining agreement, saying it is not liable for claims arising before it acquired the hospital.

  • September 30, 2026

    Tribeca Mews Faces $18.9M Damages Award In Ch. 11

    A New York bankruptcy judge has allowed an $18.9 million claim against Tribeca Mews over construction problems at a troubled Manhattan condominium project, raising questions about the developer's ability to reorganize under Chapter 11.

  • September 30, 2026

    Cigna, Fla. Atty Resolve $21M Claim In Ch. 7 Case

    A Florida federal bankruptcy judge on Wednesday approved a settlement between a lawyer and Cigna in a Chapter 7 lawsuit, resolving a $21 million claim the health insurer once disputed as nondischargeable for only a fraction of the amount. 

  • September 30, 2026

    SiFi Networks Wins OK For Ch. 11 Liquidation Plan

    Telecommunications company SiFi Networks America LLC on Wednesday received confirmation from a Delaware bankruptcy judge of its Chapter 11 liquidation plan, which the creditors committee backed and didn't receive any objections.

  • September 29, 2026

    DOJ Says Trump Name Is Key To Kennedy Center Survival

    The U.S. Department of Justice told the D.C. Circuit the Kennedy Center's donors will flee if his name isn't put back on the building, arguing in its opening brief to the appeals court that the institution faces "financial ruin" without "appropriate recognition" for Trump.

  • September 29, 2026

    Tommy's Boats Owner Says Atty Error Led To $65M Judgment

    The owner of defunct boat and water sports dealer Tommy's Boats sued the company's former attorneys from Miller Johnson Snell & Cummiskey in Michigan state court, accusing them of failing to ensure its supplier would buy back unsold inventory in the event of a loan default, an alleged oversight that left the owner personally liable for $65 million.

  • September 29, 2026

    Crypto Biz Poolin To Redo Contested Ch. 11 Auction

    Cryptocurrency miner Poolin Technology told a New Jersey bankruptcy judge Tuesday it would hold a new auction for its assets after the stalking horse bidder and other losing bidders objected to how the previous one was conducted, saying it would try again to fetch the highest possible price.

  • September 29, 2026

    Catching Up With New Bankruptcy Case Action

    The corporate parent of Florida's high-speed rail system Brightline filed for Chapter 11 to rework its debt. A real estate data and artificial intelligence firm sought bankruptcy protections to stave off a foreclosure. A longtime Sonoma Valley vineyard filed for Chapter 11, and more.

  • September 29, 2026

    Global Wound Care Doesn't Want Creditor's Creditor In Ch. 11

    Bankrupt specialty medical company Global Wound Care Medical Group objected to a bid by a creditor of one of its creditors to intervene in its Chapter 11 case.

  • September 29, 2026

    Salad Chain Gets OK For $143M Lease Sale In Ch. 11

    A Texas bankruptcy judge Tuesday approved drive-thru chain Salad and Go's request to sell 73 of its leases to coffee chain 7 Brew for $143 million, clearing the way for a resolution to the case that could see creditors repaid in full.

  • September 29, 2026

    Insolvency Service Expands Abusive Phoenixism Taskforce

    The Insolvency Service said Thursday it has launched an expanded taskforce to tackle abusive phoenixism as part of a wider strategy aiming to improve action against misconduct.

  • September 29, 2026

    Senate Passes Bankruptcy Bill Restoring Higher Debt Limits

    The U.S. Senate passed a House-approved bill that would bring back and make permanent higher debt limits for small businesses and individuals accessing streamlined restructuring processes.

  • September 28, 2026

    Parler Wasn't Worth Much When CEO Was Fired, Jury Told

    A company valuation expert testified Monday in the trial over Parler's 2021 ouster of its CEO that the company had little value at the time and that insider estimates in the hundreds of millions of dollars were "speculation."

  • September 28, 2026

    Camp Mystic Opposes Fee Terms For Committee Counsel

    Camp Mystic is asking a Texas bankruptcy judge to reject a request by unsecured creditors to retain professionals but only pay them if the creditors choose to fight the bankrupt summer camp's proposed Chapter 11 liquidation plan.

  • September 28, 2026

    Purdue, Ch. 15 Top Of Judges' Minds At ABI Event

    Bankruptcy judges continued to grapple with the U.S. Supreme Court's decision barring nonconsensual third-party releases, as well as forum shopping both domestically and abroad, during a recent American Bankruptcy Institute event.

  • September 28, 2026

    FreshRealm Ch. 11 Plan Approved Over US Trustee Objection

    Food kit service FreshRealm Inc. received approval from a New Jersey bankruptcy judge Monday for its Chapter 11 plan over the objections of the U.S. Trustee's Office concerning third-party releases and injunction provisions.

  • September 28, 2026

    Katerra Inks Deal Clawing Back $560K In Jackson Walker Fees

    The administrator for construction startup Katerra Inc.'s Chapter 11 plan has told a Texas bankruptcy court he reached a $560,000 settlement with Jackson Walker LLP over the fees the firm was awarded in the case by a bankruptcy judge who was dating a Jackson Walker partner.

  • September 28, 2026

    SilverRock Trustee Dismissed Over Ch. 11 Fund Transfers

    A Delaware bankruptcy judge terminated the litigation trustee appointed under the confirmed Chapter 11 plan of California resort developer SilverRock Development on Monday after hearing from creditors that more than $2.2 million had been transferred out of trust accounts in recent months.

  • September 28, 2026

    Insurer Seeks Exit From Pharma Co.'s $50M Creditor Dispute

    An insurer for a San Francisco pharmaceutical company told a California federal court it owes no duty to defend the company in a suit from a creditor and shareholder alleging directors and officers mismanaged the company to protect their equity, saying a creditors exclusion bars coverage.

  • September 28, 2026

    Creditor Has Priority Over Co.'s Tax Refunds, Court Says

    An Australian coal mining company's secured creditor has first priority over a chunk of about AU$7.5 million ($5.3 million) in contested tax refunds compared with a company that purchased the refunds, the Supreme Court of Queensland said, reversing a trial court's decision.

  • September 28, 2026

    Spirit Sells Aircraft, Brightline Florida Parent Files Ch. 11

    Spirit Airlines won approval to sell 27 aircraft for $668 million, while Florida's Brightline parent company pursued a restructuring of more than $1 billion in bond debt. Wendy's said one of its largest U.S. franchisees no longer has the right to operate 314 restaurants. Lugano Diamonds secured confirmation of its liquidation plan.

  • September 28, 2026

    Resort Developer Gets OK For New $177M DIP, Lender Deal

    A Texas bankruptcy judge on Monday gave Five Star Development permission to take out $177.5 million in new Chapter 11 financing and refinance part of its prebankruptcy debt after hearing the resort developer is close to a deal to trim what it owes its other major creditor.

Expert Analysis

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

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    The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

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    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

  • What Insurers Must Know When Insureds File For Bankruptcy

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    With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting themselves with key procedural details of the bankruptcy process, say attorneys at McDermott.

  • SDNY OpenAI Order Clarifies Preservation Standards For AI

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    The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.

  • Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

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