Mid Cap

  • April 09, 2026

    NY Nursing Home Objects To Push For Ch. 7

    Long Island nursing home operator Cold Spring Acquisition pushed back on a bid by its unsecured creditors' committee to convert its Chapter 11 bankruptcy to a Chapter 7 liquidation, arguing the committee failed to show there was cause to do so.

  • April 09, 2026

    MMA Law Accuses Lawyer, Insurance Co. Of RICO Scheme

    Embattled Texas firm MMA Law has filed nearly a score of complaints amid an ongoing bankruptcy action, including accusing a Louisiana attorney, his wife and an insurer of working together to "target, dismantle and destroy" the firm in an effort to avoid sharing a cut of legal fees stemming from storm damage claims.

  • April 09, 2026

    Meet The Attorneys Guiding IO Biotech In Ch. 7

    Denmark-based biotechnology firm IO Biotech has retained a team from Young Conaway Stargatt & Taylor LLP to guide it through Chapter 7 liquidation in Delaware bankruptcy court after its prospective cancer vaccine failed to pass muster.

  • April 09, 2026

    Health Aides' OT Suit Ends After Bankruptcy Ruling

    A Maryland federal court has dismissed the remaining claims by workers in a wage lawsuit against a home healthcare provider after related bankruptcy proceedings resolved the dispute, according to court filings.

  • April 08, 2026

    Colo. Cannabis Co. Seeks Receiver After $13M Loan Default

    A Colorado cannabis company requested judicial oversight of its dissolution Tuesday after informing a state court judge through a motion for emergency appointment of a receiver that the company is no longer able to pay its obligations.

  • April 08, 2026

    Judge To OK Aleon Ch. 11's Plan After Release Changes

    A Texas bankruptcy judge on Wednesday said he would confirm bankrupt recycler Aleon Metals LLC's Chapter 11 plan once its releases are narrowed, having concluded that the releases were consensual.

  • April 08, 2026

    SEC Says Booze Co. Ginned Up Bogus Sales In Investor Fraud

    The U.S. Securities and Exchange Commission has sued the former CEO of a now-defunct organic alcohol company in Minnesota federal court for allegedly raising $2.4 million from investors after recording sham transactions to prop up the company amid financial difficulties.

  • April 08, 2026

    Tonopah Creditor Calls For Ch. 11 Trustee To Probe Conflicts

    A bankrupt Nevada solar plant project is "hopelessly conflicted" and should see its case taken over by a Chapter 11 trustee, according to a creditor's motion filed on Wednesday.

  • April 08, 2026

    Calif. Student Housing Investor Hits Ch. 11 Ahead Of Auction

    The owner of Element Student Living, an apartment complex near California State University Sacramento linked to real estate firm Versity Investments, filed for Chapter 11 protections in Delaware with at least $50 million in liabilities two days before a scheduled foreclosure auction.

  • April 08, 2026

    Colorado Firm Drops Google Suit Over Deleted Biz Profile

    A Colorado state judge has granted a bankruptcy attorney's request to dismiss his complaint against Google, in which he accused the company of removing his firm's business profile without explanation.

  • April 08, 2026

    Debt Deals Drop Ch. 11 Recoveries To 10-Year Low, Fitch Says

    Creditors holding high-ranking debt issued by companies that emerged from bankruptcy in 2025 faced the worst average recoveries on their investment in the past 10 years, as liability management exercises that supply firms with new financing put increased pressure on lenders, Fitch Ratings has said in a new report.

  • May 15, 2026

    More Cases, Fewer Staffers Pinch US Bankruptcy Watchdog

    The federal bankruptcy watchdog program is being squeezed by staffing and budget cuts at the same time as insolvency filings are on the upswing, raising questions about whether the already austere Office of the U.S. Trustee can continue executing its mission of ensuring the integrity of the country's bankruptcy system

  • April 07, 2026

    Catching Up With New Bankruptcy Case Action

    A Pittsburgh craft brewery tapped Chapter 11 protections, a German matchmaking website owner sought Chapter 15 recognition for the second time after previously restructuring in 2023 and a cancer treatment developer is planning to liquidate in Chapter 7.

  • April 07, 2026

    SilverRock Can Send Ch. 11 Plan Out For Creditor Vote

    California resort developer SilverRock Development Co. LLC received approval Tuesday from a Delaware bankruptcy judge to send its proposed Chapter 11 plan out for a creditor vote after lengthy mediation efforts failed to result in a consensus among stakeholders.

  • April 07, 2026

    US Trustee Seeks Conversion Of Work Wear Seller's Ch. 11

    The U.S. Trustee's Office has asked a New Jersey bankruptcy judge to convert work wear and healthcare apparel retailer Work N Gear's Chapter 11 case to a Chapter 7 liquidation or dismiss it altogether because the debtor has not been filing monthly operating reports.

  • April 07, 2026

    Goodwin Grows Restructuring Team In New York And Boston

    Goodwin Procter LLP has grown its financial restructuring practice with the addition of attorneys in the New York and Boston offices with more than 40 years' combined experience at WilmerHale.

  • April 07, 2026

    Womble Bond Lands 3 Burr & Forman Bankruptcy Attys In Fla.

    Womble Bond Dickinson has added a trio of attorneys to its finance, bankruptcy and restructuring practice in Florida from Burr & Forman LLP.

  • April 06, 2026

    Q1 Bankruptcies Jump 14% As Debt Strain Rises

    Bankruptcy filings in the first three months of 2026 increased 14% from the same period last year, with both commercial and consumer debtors driving the uptick amid broader economic turmoil, the American Bankruptcy Institute said in a report released Monday.

  • April 06, 2026

    Natural Gas Co. Axip Gets OK On $161M Sale In Ch. 11

    Natural gas compressor company Axip Energy Services LP received a Texas bankruptcy judge's blessing Monday on a $161 million sale of most of its assets to stalking horse bidder Service Compression LLC.

  • April 06, 2026

    Jackson Walker, Sorrento CEO Hit With RICO Suit Over Ch. 11

    More than a dozen Sorrento Therapeutics shareholders sued law firm Jackson Walker LLP and the defunct biopharmaceutical company's ex-CEO for over $100 million, accusing them of conspiring to launch an unnecessary bankruptcy in an irrelevant jurisdiction.

  • April 06, 2026

    NYC Real Estate Week In Review

    Ice Miller and Holland & Knight are among the law firms that assisted with the largest New York City real estate deals that became public last week, with Emerald Group atop the list for the second week in a row.

  • April 06, 2026

    Atty Appeals Sanctions Order In $500M Miss America Fight

    An attorney sanctioned for submitting fraudulent documents in a $500 million dispute over ownership of the Miss America pageant and using them to help his client put the company into bankruptcy, indicated Monday that he is appealing the sanctions order to the Eleventh Circuit.

  • April 06, 2026

    FTE Seeks OK To Settle Corporate Control Dispute

    Bankrupt telecommunications company FTE Networks is asking a New York bankruptcy judge to approve a settlement to end a long-running fight over control of the Nevada-based company that will leave the current CEO in place and the company in Chapter 11.

  • April 06, 2026

    Spirit Stalking Horse Prevails, Saks Gets Exit Cash, Files Plan

    Spirit Airlines named its stalking horse as the winner of 20 planes previously set for auction. Saks Global Enterprises got exit funding and proposed a Chapter 11 plan. And a Delaware bankruptcy judge largely approved Yellow Corp.'s settlement of billions in pension fund claims.

  • April 03, 2026

    What's Happening In Bankruptcy Court This Coming Week

    In the week ahead, bankruptcy courts will consider whether to dismiss a clawback suit from the estate of bankrupt crypto exchange FTX, label maker Multi-Color's bid to disband the official committee of unsecured creditors in its case, the sale of Avenger Flight Group to its stalking horse bidder, and the contested disclosure statement from urgent care facility operator Carbon Health Technologies Inc.

Expert Analysis

  • When Investigating An Adversary, Be Wary Of Forged Records

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    Warnings against the use of investigators who tout their ability to find an adversary’s private documents generally emphasize the risk of illegal activity and attorney discipline, but a string of recent cases shows an additional danger — investigators might be fabricating records altogether, says Brian Asher at Asher Research.

  • 3 Ways To Train Junior Lawyers In 30 Minutes Or Less

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    Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.

  • The Bar Needs More Clarity On The Discovery Objection Rule

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    Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.

  • So You Want To Move Your Law Practice To Canada, Eh?

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    Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.

  • A Strategic Checklist For Bankruptcy Motion Objections

    Excerpt from Practical Guidance
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    Hewing to a set of best practices for objecting to a motion in bankruptcy cases can help creditors’ counsel stay on track as they juggle deadlines and jurisdictions, determine whether filing will help or harm the client, and negotiate with the debtor.

  • The 3rd-Party Bankruptcy Release Landscape After Purdue

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    In its Purdue Pharma ruling prohibiting nonconsensual third-party releases, the U.S. Supreme Court did not comment on criteria to render a third-party release consensual, opening a debate in the bankruptcy courts on the permissibility of opt-out versus opt-in releases, say attorneys at Morgan Lewis.

  • Striking A Balance Between AI Use And Attorney Well-Being

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    As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.

  • Being An Artist Makes Me A Better Lawyer

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    My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.

  • Bankruptcy Decision Exemplifies Venue Issue For Franchisees

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    A California bankruptcy court's decision earlier this month in Pinnacle Foods and a lingering circuit split on assumption of executory franchise contracts highlights the issue of whether franchisee debtors can qualify for case venue in friendlier circuits, says David Gamble at Parkins Rubio.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

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    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

  • Judicial Committee Best Venue For Litigation Funding Rules

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    The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.

  • The Strategic Advantages Of Appointing A Law Firm CEO

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    The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.

  • What Being An 'Insider' Means In Ch. 11, And Why It Matters

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    As borrowers grapple with approaching near-term maturities on corporate debt, lenders should be proactive in mitigating the risks of being classified as an insider in potential bankruptcies, including heightened scrutiny, preference risk, plan voting and more, say David Hillman and Steve Ma at Proskauer.

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