Mid Cap

  • 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.

  • September 28, 2026

    Munsch Hardt Adds Husch Blackwell Bankruptcy Pro In Austin

    Munsch Hardt Kopf & Harr PC announced Monday that it has strengthened its bankruptcy, restructuring and insolvency practice with an Austin-based partner who came aboard from Husch Blackwell LLP.

  • September 28, 2026

    Judge Tosses NJ Developer's Ch. 11, Citing Harm To Creditor

    A New Jersey bankruptcy judge has dismissed the Chapter 11 case of the company developing a 120-unit residential complex in the state, finding the creditor that made the request stood to be harmed more by the proceeding than the debtor would be with its bankruptcy tossed.

  • September 28, 2026

    Scottish Broker Accused Of Embezzlement Ruled Bankrupt

    The Financial Conduct Authority on Monday said it has secured a bankruptcy order against a Scotland-based insurance broker who is currently awaiting trial on embezzlement charges. 

  • September 28, 2026

    Defendants Get Costs For Ralan Liquidators' Late Doc Drop

    A Federal Court has ordered the collapsed Ralan Property group's liquidators to pay costs for a hearing cancelled after they served extensive document summaries on its former head of sales at short notice, but declined to penalise their use of AI to prepare them.

  • September 25, 2026

    Meet The Attorneys Serving Up Wendy's Franchisee's Ch. 11

    Three partners from McDonald Hopkins LLC are counseling Wendy's franchisee Meritage Hospitality Group Inc. in its bid at reorganization.

  • September 25, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Microbiome treatment company Finch Therapeutics will undergo a hearing on a proposed settlement in its Chapter 11 case, Inspired Healthcare will seek approval of an asset sale and Spirit Airlines will ask for a bankruptcy court's permission to sell its data.

  • September 25, 2026

    Del. Chancery Says Curonix Owns Stimwave Shares

    The medical device company Curonix LLC has won its lawsuit against the founder of Stimwave Technologies Inc., with Delaware's Court of Chancery finding that the plaintiff is the rightful holder of 75,000 shares of the company it purchased in bankruptcy.

  • September 25, 2026

    Weil Hires Willkie Restructuring Leader In Latest Boomerang

    Weil Gotshal & Manges LLP has announced that it continued its boomerang hiring streak by adding the former chair of Willkie Farr & Gallagher LLP's restructuring and reorganization practice.

  • September 25, 2026

    Developer Five Star Gets OK For $90M Sale To Lender

    A Texas bankruptcy judge Friday approved the $90 million sale of properties owned by insolvent resort developer Five Star Development to a prepetition secured lender.

  • September 25, 2026

    Linklaters Atty Is Latest Add To O'Melveny Bankruptcy Team

    O'Melveny said Thursday that it has added another attorney to its bankruptcy and restructuring team in New York — a former Linklaters LLP partner who the firm said enhances its creditor-side and special situations capabilities.

  • September 25, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Glencore Energy sue a refinery for allegedly defrauding it out of more than $236 million worth of crude oil, the former CEO of ankle-tag maker Big Technologies file a defamation claim against the company, and property investment group Hunter Jones hit by a claim from the Financial Conduct Authority. 

  • September 24, 2026

    Summer Camp Co. Says $19M Lien Targets Wrong Ch. 11 Case

    Summer camp company SIMAD Holdings asked a New Jersey bankruptcy judge Thursday to nix a roughly $18.7 million claim lodged by a New York-based credit union, saying the relevant lien has to do with property in a different bankruptcy.

  • September 24, 2026

    Canadian GovTech's Ch. 15 Asset Sale OK'd With Releases

    A Delaware bankruptcy court Thursday agreed to enforce a Canadian court's reverse-vesting order in the Chapter 15 case of government technology company Thentia, finding the rule of comity weighs in favor of recognizing the $19.2 million transaction order even though it includes nonconsensual third-party releases normally barred in U.S. courts.

  • September 24, 2026

    Fashion Biz Creditor Challenges $3.5M Directors Claims Deal

    A creditor suing CaaStle, a defunct apparel-industry software company, has objected to a settlement between the debtor's Chapter 7 trustee and its former directors and officers, arguing that resolving a $300 million claim for $3.5 million would be grossly inadequate. 

  • September 24, 2026

    Real Estate Tech Co. Can Access $3M Of Ch. 11 Financing

    Bankrupt real estate technology company House Canary received interim approval Thursday in New Jersey court to access Chapter 11 financing being provided by an existing lender, freeing up $3 million in liquidity as the business pursues a 60-day plan confirmation track.

  • September 24, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A trustee in Rite Aid's bankruptcy is appealing the judge's ruling regarding antitrust claims, a New York judge denied installation of a Chapter 11 trustee in a SoHo building owner's case, and the Chapter 7 trustee for a bankrupt television network asked a judge to find the company's president is still in contempt of an order to turn over its film library.

  • September 24, 2026

    DOJ Appellate Vet Tapped As NYC Bankruptcy Judge

    The U.S. Court of Appeals for the Second Circuit has appointed a 24-year veteran of the U.S. Attorney's Office for the Southern District of New York to serve as a bankruptcy judge for that same jurisdiction, ahead of the retirement of U.S. Bankruptcy Judge Martin Glenn at the end of the month.

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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