Florida-based flight simulator company Avenger Flight Group has filed for Chapter 11 protection in Delaware bankruptcy court, saying airline industry headwinds have left it seeking a sale to deal with more than $273 million in debt.
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TOP NEWS

Flight Simulator Co. Files Ch. 11 Amid Industry Challenges

By Rick Archer

Florida-based flight simulator company Avenger Flight Group has filed for Chapter 11 protection in Delaware bankruptcy court, saying airline industry headwinds have left it seeking a sale to deal with more than $273 million in debt.

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Solar Co. PosiGen Control Suit Dismissed In Conn.

By Jarek Rutz

A lawsuit accusing Brookfield affiliates of seizing control of solar company PosiGen and driving it deeper into insolvency has been dismissed with prejudice in Connecticut federal court, ending a closely watched dispute that preceded the company's Chapter 11 filing in Texas.

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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CHAPTER 11

Split 4th Circ. Denies Stay Lift In CertainTeed Unit's Ch. 11

By Vince Sullivan

A split panel of the Fourth Circuit on Wednesday upheld lower court rulings that left in place a stay of asbestos injury litigation facing the bankrupt affiliate of building material maker CertainTeed, with the majority ruling the debtor filed its case in good faith.

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Edgio Execs To Pay $15M To End Misstated Revenue Suit

By Sydney Price

Former executives of Edgio Inc. will pay $15 million to shareholders to end claims that the executives misled investors about Edgio's control over its internal financial reporting in the months leading up to the bankrupt software company's admission that it overreported revenue.

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Watchdog Defends Ex-Alex Jones Atty's Conn. Suspension

By Brian Steele

A Connecticut judge did not abuse her discretion when she suspended an attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case, the state's professional misconduct watchdog has told the Connecticut Supreme Court in asking the justices to skip Norman A. Pattis' appeal.

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PEOPLE

BakerHostetler Adds 3 More Dealmakers From Loeb In NY

By Andrea Keckley

BakerHostetler announced on Thursday that it is bolstering its transactions bench with three New York-based mergers and acquisitions attorneys from Loeb & Loeb in a move that the firm says strengthens its offerings in middle-market M&A transactions.

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EXPERT ANALYSIS

If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'

Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.

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Series

Trail Running Makes Me A Better Lawyer

Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.

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LEGAL INDUSTRY

Roundup

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

By Laura Stewart Liberty

This past week in London has seen a former U.S. defense contractor convicted of tax evasion face legal action, French football club Olympique Lyonnais sued following a $97 million ruling against its owner John Textor, consulting giant Kroll targeted by a South African airline, and H&M hit with a claim alleging it copied protected sunglasses designs. Here, Law360 looks at these and other new claims in the U.K.

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Law360's Legal Lions Of The Week

By Kevin Penton

WilmerHale and Gillam & Smith LLP lead this week's edition of Law360 Legal Lions, after a Texas federal jury cleared Apple of infringement claims over patents covering 4G wireless technology, in a case that previously led to jury verdicts of $506 million and $300 million.

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Brief

Indiana AG Declines Intervention In Posner Wage Suit

By Emily Sawicki

Indiana's attorney general has declined to intervene in a pro se plaintiff's suit seeking to revive $170,000 in wage claims against retired Seventh Circuit Judge Richard A. Posner, finding the case did not pose a "substantial" constitutional challenge to a state statute mandating that delayed contracts must be written and signed to be enforced.

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Louisiana Atty Takes Responsibility For AI Usage Snafu

By Christine DeRosa

After facing the threat of sanctions alongside three of his co-counsel, a Louisiana attorney told a federal judge that he was solely responsible for an error-riddled brief written with the assistance of artificial intelligence. 

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Taking heat from Republican senators over not notifying members of Congress about subpoenas for their phone records, Verizon's general counsel has pledged that in the future, the company will fight gag orders requiring it to keep silent. And taking heat from shareholders and colleagues over her ties to Jeffrey Epstein, Goldman Sachs' chief legal officer has agreed to leave the firm in June.

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Colorado Atty Delayed Filing, Gave Faulty Advice, Suit Says

By Rachel Konieczny

A Colorado attorney waited nearly five years to file a lawsuit on behalf of two clients and provided faulty advice, the former clients alleged Thursday in a malpractice lawsuit in state court.

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'Acqui-Hires' In AI Drawing Antitrust Scrutiny, Tech Attys Say

By Bonnie Eslinger

Attorneys with Nvidia, Google and Uber took the stage at a conference hosted Thursday by Baker McKenzie to discuss emerging trends in antitrust enforcement, including how booming AI investment has produced new regulatory scrutiny of "acqui-hires," in which large companies acquire startups primarily to hire their teams.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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6th Circ. Says Ch. 13 Motion Came 84 Minutes Too Late

By Vince Sullivan

A 2-1 split panel of the Sixth Circuit affirmed two lower court rulings from Michigan federal judges denying a Chapter 13 debtor's motion to dismiss his bankruptcy case because the request came 84 minutes after a bankruptcy court converted the case to a Chapter 7.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

ArentFox Schiff

Baker & Hostetler

Baker Donelson

Baker McKenzie

Barclay Damon

Beasley Allen

Ben Crump Law

Brockstedt Mandalas

CMS Cameron McKenna

Clyde & Co

Conyers Dill

Covington & Burling

DAC Beachcroft

DLA Piper

Dean Omar

Dentons

DiCello Levitt

Eichhorn & Eichhorn

Faegre Drinker

Fenchurch Law

Fried Frank

Gibbs Mura

Gibson Dunn

Gillam Smith

Gowling WLG

Greenberg Traurig

HJV Car Accident Personal Injury Lawyers

Hacker Stephens

Harrison Goddard Foote

Hogan Lovells

Holland & Knight

Homburger AG

Howes Percival

Jones Day

Jones Fussell

Keoghs LLP

Kessler Topaz

Kirkland & Ellis

LK Law Pty Ltd

Latham & Watkins

Leach & Walker

Lenz & Staehelin

Levin Sedran

Lieff Cabraser

Liskow & Lewis

Loeb & Loeb

Maune Raichle

Mayer Brown

McCarter & English

MoloLamken

Morgan Lewis

Motley Rice

Nabarro LLP

Niemeyer Grebel

Osborn Maledon

Osborne Clarke

Pachulski Stang

Paul Weiss

Penningtons Manches

Perkins Coie

Quinn Emanuel

Reynolds Porter

Riess LeMieux

Robinson Bradshaw

Schall Law

Scott&Scott

Seeger Weiss

Sharp Law LLP

Sherin & Lodgen

Sidley Austin

Skadden Arps

Sullivan & Cromwell

Taylor Rose

Thompsons Solicitors

Trethowans LLP

Trowers & Hamlins

Tycko & Zavareei

Vincents Solicitors

Wagstaff & Cartmell

Waldrep Wall

Walker Morris LLP

Ward Hadaway

White & Case

Wiggin & Dana

WilmerHale

Yetter Coleman

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

23andMe Inc.

American Airlines Group Inc.

American Bar Association

American International Group Inc.

Apple Inc.

Association of Corporate Counsel

Aux

Avenger Flight Group

Barclays PLC

Binance Holdings Ltd.

Boston University

British Broadcasting Corp.

ByteDance Ltd.

Exela Technologies Inc.

George Washington University

Google LLC

H&M Hennes & Mauritz AB

HTC Corporation

Instagram Inc.

International Business Machines Corp.

Investments Ltd.

J Sainsbury PLC

Johnson & Johnson

Kyndryl Holdings Inc.

Laing O'Rourke

Leidos Holdings Inc.

Liberty Mutual Insurance Group

LinkedIn Corp.

Lloyd's America Inc.

Meta Platforms Inc.

Monsanto Co.

NVIDIA Corp.

Nasdaq Inc.

Navy Federal Credit Union

PPG Industries Inc.

Posigen LLC

Sling TV LLC

Snap Inc.

The Goldman Sachs Group Inc.

The Hershey Co.

The Home Depot Inc.

TikTok Inc.

Transocean Ltd.

Uber Technologies Inc.

Valaris

Verizon Communications Inc.

Vodafone Group PLC

W.R. Berkley Corp.

W.R. Grace & Co.

Walmart Inc.

YouTube Inc.

Zimmer Biomet Holdings Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Federal Trade Commission

Financial Conduct Authority

Indiana Attorney General's Office

National Labor Relations Board

Texas Attorney General's Office

U.S. Attorney's Office

U.S. Bankruptcy Court for the District of Delaware

U.S. Bankruptcy Court for the Eastern District of Missouri

U.S. Bankruptcy Court for the Southern District of New York

U.S. Bankruptcy Court for the Western District of Michigan

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Arizona

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Delaware

U.S. District Court for the Eastern District of Louisiana

U.S. District Court for the Eastern District of Texas

U.S. Environmental Protection Agency

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

United States Bankruptcy Court for the Western District of North Carolina