Large Cap

  • August 21, 2026

    Meet The Attys Advising TPx's Creditors Committee, Lenders

    Attorneys from DLA Piper are representing the official committee of unsecured creditors of information technology services provider TPx Communications, while attorneys from Haynes Boone and Davis Polk & Wardwell LLP represent an ad hoc group of lenders, as the company seeks to address roughly $1.1 billion in debt through Chapter 11.

  • August 21, 2026

    Texas Panel Cuts $45M Sandy Hook Ruling Against Alex Jones

    A Texas state appellate court Friday slashed a $45 million damages award against right-wing conspiracy theorist Alex Jones in a defamation trial brought by parents of a Sandy Hook shooting victim, saying the family did not meet the legal standard to exceed the state's damages cap.

  • August 21, 2026

    Porzio Bromberg Keeps Up Momentum In Puerto Rico Growth

    New Jersey-based Porzio Bromberg & Newman PC has continued its expansion in Puerto Rico with the hire of a bankruptcy and financial restructuring attorney based in San Juan.

  • August 21, 2026

    FCC License Transfer OK Opens Ch. 11 Exit Door For Cumulus

    The Federal Communications Commission has paved the way for broadcasting company Cumulus Media to exit Chapter 11, granting its application to transfer control of the radio giant's licenses to its new shareholders.

  • August 21, 2026

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

    The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys file a contract claim against two of its previous clients in the Middle East.

  • August 20, 2026

    J&J Talc Unit Loses Libel Suit Over Flawed Cancer Study

    A Virginia federal judge handed three doctors a win Wednesday in a Johnson & Johnson subsidiary's libel lawsuit over a 2020 study linking cosmetic talc exposure to mesothelioma, finding the subsidiary's evidence didn't show the trio knowingly or recklessly published falsehoods and instead merely revealed the doctors' "fear of litigation."

  • August 20, 2026

    Asbestos Spinoff Bestwall Avoids Ch. 11 Trustee Takeover

    A bankruptcy judge in North Carolina won't appoint an independent trustee to take over the Chapter 11 case of Georgia-Pacific spinoff Bestwall, dealing a blow to a group of mesothelioma patients who argued a trustee might expedite the settlement process.

  • August 20, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The ousted CEO of an aquatic park operator made a bid to block an asset sale, real estate company Simry contended with a motion to dismiss its Chapter 11 from one of the business' controlling family members, and Burger King sued a bankrupt ex-franchisee for allegedly continuing to operate rogue locations without paying for intellectual property.

  • August 20, 2026

    777 Partners Can Tap DIP, But Competing Offers Remain

    Investment firm 777 Partners received interim approval to access $600,000 in debtor-in-possession financing Thursday, but a Texas bankruptcy judge reserved a decision on who would be providing the remaining $8 million of loans for a future hearing.

  • August 20, 2026

    Raizen Seeks NY Court's OK On $12B Brazilian Restructuring

    Brazilian energy company Raizen SA is preparing to seek a New York bankruptcy judge's approval of its more than $12 billion restructuring, saying in a motion this week that the Shell-supported plan will let it remain in business and preserve thousands of jobs across multiple countries.

  • August 20, 2026

    American Efficient Asks Court To Sanction Grid Operator

    North Carolina-based energy efficiency aggregator American Efficient asked the bankruptcy judge overseeing its Chapter 11 case in the state to sanction grid operator PJM Interconnection LLC for withholding roughly $824,000 in interest on a deposit.

  • August 20, 2026

    Australia Endo Mesh Trust Plaintiffs Lose Injunction Bid

    A group of about 6,000 Australian claimants can't stop a post-confirmation Endo International trust from distributing $2 million to women who said they were injured by defective vaginal mesh products, a New York bankruptcy judge has ruled, finding that the trust reasonably required Health Insurance Portability and Accountability Act releases.

  • August 20, 2026

    5 Bankruptcy Attys Join GrayRobinson From Fla. Boutique

    GrayRobinson PA announced Thursday that a team of five bankruptcy attorneys, including three shareholders, has joined the firm's Boca Raton, Florida, office from a recently shuttered boutique.

  • August 20, 2026

    Carmody Escapes Most Claims By Irish Mogul's Ex

    Carmody Torrance Sandak & Hennessey LLP has escaped all but a sole malpractice claim in a 2024 lawsuit by Gayle Killilea Dunne, the ex-wife of Irish real estate developer Sean Dunne, whose $942 million bankruptcy has played out in Connecticut federal court dockets dating back to 2013.

  • August 20, 2026

    Nursing Home Co. Genesis Settles Ch. 11 Suit

    Bankrupt nursing home operator Genesis and two other companies have agreed to resolve a Chapter 11 adversary action in Texas targeting the two firms, which Genesis said have connections to a shareholder accused of manipulating the debtor into entering a deal that cost it $50 million.

  • August 20, 2026

    Wood-Pellet Execs' $650M Bet Blamed For Bankruptcy

    The litigation trustee for wood-pellet producer Enviva Inc.'s Chapter 11 litigation trust has sued five former executives in the Delaware Chancery Court, accusing them of secretly committing the company to more than $650 million in high-priced pellet purchases to boost short-term earnings and their chances of receiving bonuses, ultimately helping drive Enviva into bankruptcy.

  • August 19, 2026

    777 Partners Picks $8.6M DIP Offer From Existing Lenders

    Bankrupt investment firm 777 Partners told a Texas bankruptcy judge Wednesday that it has selected an $8.6 million offer from a group of existing lenders to provide post-petition financing for the company after the court previously encouraged the debtor to explore alternate proposals.

  • August 19, 2026

    FTX Trust Reports $6.5B In Assets, $600M Debt Drop

    The trust created by FTX's Chapter 11 plan has reported it further winnowed down the onetime cryptocurrency giant's debts by about $600 million during the second quarter, leaving it with less than $12 billion of liabilities to go against $6.5 billion in assets.

  • August 19, 2026

    Jackson Walker Says US Trustee Can't Claw Back Legal Fees

    Jackson Walker said this week that the U.S. Department of Justice's bankruptcy watchdog is beyond the bounds of its authority in a yearslong effort to force the firm to return millions of dollars in legal fees over an undisclosed relationship between a former partner and a Texas bankruptcy judge.

  • August 19, 2026

    Guo Ch. 11 Trustee, Feds Reach Deal Over $800M Assets

    A trustee overseeing the bankruptcy of exiled Chinese businessperson Miles Guo has told the Connecticut bankruptcy court he agreed to settle a dispute with the U.S. government over the treatment of more than $800 million in assets recovered by the bankruptcy estate or seized by the feds. 

  • August 19, 2026

    Trinseo Defends Debt Deals As Ch. 11 Plan Trial Wraps

    Plastics maker Trinseo on Wednesday closed a trial in Texas bankruptcy court on its bid to trim about $2 billion in debt in Chapter 11, contesting an objecting creditor's claims that its prebankruptcy refinancings set it up for failure and defending a reorganization plan it said would save jobs and give new life to its business.

  • August 19, 2026

    Spirit Flight Attendants Object To Google Data Sale

    The union representing Spirit Aviation's flight attendants has asked a New York bankruptcy judge to reject the bankrupt airline's request to sell its internal data to Google for artificial intelligence training unless the privacy of its members is protected.

  • August 19, 2026

    CFTC Spares FTX's Ellison, Wang Fines For Cooperation

    Former FTX and Alameda Research executives Caroline Ellison and Gary Wang have agreed to trading and registration bans, but will not face financial penalties, as part of deals with the U.S. Commodity Futures Trading Commission to resolve fraud claims against them over their roles in the scheme that caused the crypto exchange and trading firm to collapse.

  • August 19, 2026

    Hunton Adds A&O Shearman Bankruptcy Partner In Dallas

    Hunton Andrews Kurth LLP announced Wednesday that it has boosted its national restructuring and bankruptcy practice with a Dallas-based partner who came aboard from Allen Overy Shearman Sterling.

  • August 18, 2026

    Tricolor Execs Accused Of Securities Fraud By SEC

    The U.S. Securities and Exchange Commission on Tuesday sued the founder of bankrupt subprime auto lender Tricolor Holdings and two of its executives, accusing them of double pledging collateral and misrepresenting the debt pools they were offering to lenders.

Expert Analysis

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

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    Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.

  • Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • 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.

  • $2B PDVSA Ruling Offers Insight Into Foreign-Issued Debt

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    A New York federal court's recent decision denying a request by PDVSA, Venezuela's state-owned oil company, to refuse enforcement of $2 billion in defaulted bonds serves as a guide for the scope of review required in assessing the validity of foreign-issued securities with New York choice-of-law provisions, say attorneys at Cleary.

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