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Expert Analysis

Circus Arts Make Me A Better Lawyer

Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has... (more story)

When Investigating An Adversary, Be Wary Of Forged Records

Warnings against the use of investigators who tout their ability to find an adversary’s private documents generall... (more story)

3 Ways To Train Junior Lawyers In 30 Minutes Or Less

Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring the... (more story)

Large Cap More

Judge Garrity Will Leave SDNY Bankruptcy Bench In 2025

The U.S. Bankruptcy Court for the Southern District of New York, one of the nation's busiest bankruptcy venues, has announced that it will be losing one of its longest-serving judges next year.

Latham Adds 4 Restructuring Attys From Weil And Paul Weiss

Latham & Watkins LLP announced Thursday that it has tapped four restructuring practice leaders from two rival BigLaw shops to join its New York office.  

Snack Maker Hearthside Files For Ch. 11 To Shed $1.9B Debt

H-Food Holdings LLC, which makes granola bars, pretzels and other snacks under the name Hearthside Food Solutions, filed for bankruptcy protection in Texas on Friday, with a restructuring agreement that would ... (more story)

Incora Uptier Fight Lays Bare Risks For Private Equity Backers

In the bruising battles for position among lenders to debt-laden companies, private equity firms often remain relatively unscathed. But a case in Texas federal court over so-called creditor-on-creditor violenc... (more story)

Hodgson Russ Adds Bankruptcy Talent To Buffalo Team

Hodgson Russ LLP has added an attorney who focuses on complex commercial insolvency matters to its team in Buffalo to work as a partner with its bankruptcy, restructuring and commercial litigation practice.

Franchise Group Lenders Want End To Debtor's Ch. 11 Rights

Lenders of bankrupt retail-focused holding company Franchise Group Inc., including Pacific Investment Management Co. and private equity firm Irradiant Partners, have urged a Delaware bankruptcy judge to end ho... (more story)

Big Lots Seeks To Include Claims Against Execs In Asset Sale

Discount retailer Big Lots on Thursday asked a Delaware bankruptcy judge to approve a $760 million asset sale to a private equity group and override creditor objections to the inclusion of potential litigation... (more story)

Judge Undecided On Ch. 15 Nod For 2 InterCement Debtors

A New York bankruptcy judge on Thursday said he would accept filings seeking recognition of the Brazilian insolvencies of two of four debtors in the corporate family of concrete supplier InterCement, but would... (more story)

American Tire Gets $250M In DIP Funds, Dodging Lender Row

A Delaware bankruptcy judge on Thursday approved American Tire Distributors Inc.'s $250 million Chapter 11 loan after the company resolved a lender group's challenge to the financing that threatened to upend the case.

Swedish EV Battery Co. Files For Ch. 11 With $5B Of Debt

Swedish electric vehicle battery maker Northvolt AB filed a Chapter 11 case in Texas bankruptcy court Thursday, saying it wants to find a partner to enable the company's innovation to continue in the burgeonin... (more story)

Mid Cap More

Fed Bans Ex-CEO Of Bank Felled By Crypto Scam

The former CEO of Kansas' now-shuttered Heartland Tri-State Bank has been banned by the federal government from being a part of the banking industry after stealing $47.1 million from the bank to give to crypto... (more story)

Avante Health Parent Cleared To Sell For $72.5M In Ch. 11

A Delaware bankruptcy judge on Friday approved the $72.5 million sale of Jordan Health, the corporate parent of medical equipment company Avante Health, to an affiliate of Staple Street Capital after the debto... (more story)

1st Circ. Backs Auction For Bankrupt Farmer's Milk Quota

The First Circuit has affirmed a Puerto Rico regulator's ability to order the sale of a dairy farmer's milk quota despite his pending bankruptcy, ruling the action wasn't blocked by a stay blocking actions tha... (more story)

Prime Core's Ch. 11 Trust Sues To Reclaim $10M Payout

The liquidating trust for Prime Core Technologies Inc., a troubled cryptocurrency technology business, sued in Delaware bankruptcy court Thursday to claw back what it described as a fraudulent transfer of more... (more story)

Canadian Power Services Co. Files For Ch. 15 In Delaware

A British Columbia-based utility services provider filed for Chapter 15 bankruptcy protection Thursday in Delaware seeking recognition of a Canadian receivership placed on the business by a court there, saying... (more story)

Mayer Brown Practice Co-Head To Lead Linklaters Team

Following a series of high-level corporate and finance hires this year, Linklaters announced Thursday that it is hiring the former co-leader of Mayer Brown LLP's infrastructure mergers and acquisitions practic... (more story)

UAE Bank Loses Suit Accusing Family Of Evading £19M Debt

A UAE bank has lost its claim against a businessman's family over an alleged £19 million ($24 million) debt, after a London judge ruled Thursday that the lender failed to prove that the businessman had intenti... (more story)

Bankruptcy Panel Lets Paid Creditor Join Involuntary Ch. 7 Bid

Creditors who were repaid after a bankruptcy is filed are eligible to later join an involuntary insolvency petition, a bankruptcy appellate panel for the Ninth Circuit has found, overturning a lower court's de... (more story)

CFPB Subpoenas Trustee In Debt Relief Firm Bankruptcy Case

The U.S. Consumer Financial Protection Bureau has served a subpoena on the Chapter 11 trustee in charge of collapsed California debt relief law firm Litigation Practice Group's bankruptcy estate, the trustee's... (more story)

Girardi Pushes For New Trial Over Competency Claims

Counsel for Tom Girardi told a federal judge the disbarred attorney is plainly mentally incompetent and deserves a new trial over charges he defrauded clients of $15 million worth of settlement money.