Large Cap

  • July 31, 2026

    Uniroyal Legacy Unit Files Ch. 11 To Handle Asbestos Claims

    A legacy unit of defunct tire maker Uniroyal filed for Chapter 11 protection on Friday in New Jersey to address 35,000 asbestos injury claims and hand over administration of ongoing retiree benefit programs.

  • July 31, 2026

    DC Circ. Backs Ex-Steward CEO's Contempt Charge

    The D.C. Circuit on Friday upheld a U.S. Senate committee's criminal and civil contempt finding against former Steward Health Care System LLC Chief Executive Ralph de la Torre after he refused to appear before lawmakers despite a subpoena, calling his appellate arguments "wholly meritless."

  • July 31, 2026

    End In Sight For Ovarian Cancer Patients With $5.5B+ J&J Deal

    The $5.5 billion global deal over talc ovarian cancer allows women to move past recent court setbacks requiring them to provide experts who can show a causal link between their disease and use of talc, and for defendant J&J to close a decade of litigation that included judicially criticized gambits to spin off liability through bankruptcy maneuvers.

  • July 31, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Sleep Number is scheduled to vie to make a deferred compensation trustee to put assets in its bankruptcy estate, a Texas bankruptcy judge will decide whether to confirm MMA Law Firm's liquidation plan and Saks is set to seek permission to sell a lease.

  • July 31, 2026

    Lender Says YSA Took Oklahoma Property Without Notice

    A senior secured lender asked a Delaware bankruptcy judge to bar YSA Investments 1 LLC from using rents generated by an Oklahoma apartment property, alleging the debtor took control of the property after recording a second mortgage without notifying the lender.

  • July 31, 2026

    Boy Scouts Claimant Blames Ex-Counsel For Lost $2.7M

    An individual has asked a Delaware bankruptcy judge to reinstate his direct abuse claim against the Boy Scouts' settlement trust, asserting that Ahrens Law APC failed to file certain documents on time and saying that resulted in his claim — valued at up to $2.7 million — being tossed.

  • July 31, 2026

    Genesis Gets OK For Vote On Liquidation Plan

    A Texas bankruptcy judge Friday sent nursing home firm Genesis Healthcare's Chapter 11 liquidation plan out for a creditor vote, overriding contentions that Genesis had not provided enough information on a note it received as payment for its assets.

  • July 31, 2026

    Meet The Attorneys Guiding American Efficient's Ch. 11

    A group of attorneys from Waldrep Wall Babcock & Bailey PLLC and Jenner & Block LLP is representing North Carolina-based energy efficiency aggregator American Efficient LLC in its Chapter 11 bankruptcy case, as the company faces more than $1 billion in penalties from federal energy regulators.

  • July 31, 2026

    Freedom Forever To Liquidate After Ch. 11 Sale Collapses

    Insolvent solar panel installation company Freedom Forever told a Delaware bankruptcy court Friday it will seek conversion of its Chapter 11 case to a Chapter 7 liquidation and terminate most of its employees, after a proposed sale of assets to its CEO did not gain the approval of unsecured creditors.

  • July 31, 2026

    AFSA CEO Targets 'Systemic Misuse' Of Insolvency And Debt

    AFSA will focus on investigating the "systemic misuse" of personal insolvency proposals and predatory debt agreements, with CEO Tim Beresford saying these are the greatest threats to the insolvency system's integrity in a speech on Thursday.

  • July 30, 2026

    FCC Says EchoStar Can't Use Trust Fund To Pay Itself

    The Federal Communications Commission is not pleased that EchoStar is trying to convince a bankruptcy court to let it use a trust fund created to pay contractors to build its now-abandoned 5G network to instead pay a loan one EchoStar subsidiary made to another.

  • July 30, 2026

    Del. Chancery Axes Student Loan Co. 'Unfair' Lender Deal Suit

    A Delaware vice chancellor has dismissed, with prejudice, a stockholder lawsuit seeking to block new "highly dilutive" borrowing from the top lenders and shareholders of international student loan provider MPower Financing PBC, finding that the statutory safe harbor provision of Delaware corporation law protects the transaction, which will hand control of the company to two hedge funds.

  • July 30, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    An affiliate of American Efficient sued another organization in a bid to claw back about $10.2 million in Chapter 11, a Texas federal judge shot down an appeal stemming from auto parts company First Brands' bankruptcy and Sidley Austin LLP argued it was eligible to represent Genesis Healthcare.

  • July 30, 2026

    Bankruptcies Rise In 2026 As Small Biz, Consumers Seek Help

    U.S. bankruptcy filings were up more than 12% in the last 12 months, with a 50% surge in small business filings, approaching pre-pandemic levels as both consumers and businesses face what some experts said is a squeeze from multiple economic directions.

  • July 30, 2026

    FTX Deal Would Route $160M To Victims Of Korean Fraudster

    The FTX Recovery Trust asked a Delaware bankruptcy judge to greenlight a settlement with the foreign representative of Junho Bang, a Korean citizen jailed over cryptocurrency fraud, that would return more than $160 million to the fraudster's victims.

  • July 30, 2026

    Freedom Forever Cancels Sale After CEO Offer Fails

    Bankrupt solar power company Freedom Forever on Thursday canceled a sale hearing for its assets after its CEO's bid failed to pass muster with the creditors committee, leaving the debtor's future uncertain as it is slated to run out of funding Friday.

  • July 30, 2026

    Yellow Corp. Ex-Workers Sue Over SSN Breach, Notice Delay

    A group of former Yellow Corp. workers on Thursday sued the defunct trucking giant and its liquidating trustee, alleging their personal information was exposed in a data breach last year and that the debtor waited 15 months to disclose it.

  • July 30, 2026

    Exec Who Tried To Buy English Soccer Club Denies Fraud Rap

    A Florida executive who once tried to buy England's Everton soccer club on Thursday denied new charges accusing him of engaging in a $500 million fraud on lenders, before the judge hearing his case declined to adjourn his October trial. 

  • July 30, 2026

    Spirit Lands $88M Stalking Horse For Corporate HQ

    Bankrupt budget air carrier Spirit Airlines has announced it has secured an $88 million baseline bid for its corporate campus in Florida.

  • July 30, 2026

    Simpson Thacher Trial Hears Of 'Grave Risk' In PIPE Deals

    An attorney who is an expert in private investment in public equity transactions told a Florida jury hearing a malpractice case against Simpson Thacher & Bartlett LLP on Thursday that companies that enter into an agreement similar to the one Patriot National Inc. did take on "grave risk."

  • July 30, 2026

    Ex-NY Bankruptcy Judge Robert Drain Joins M3 Partners

    Robert Drain, the former Southern District of New York bankruptcy judge who oversaw Purdue Pharma's Chapter 11 case, will serve as a senior adviser and head of fiduciary services at M3 Partners, the restructuring consulting firm announced Thursday.

  • July 30, 2026

    Apple Tree Gets $4M For Biotech Cos. As Managers Take Over

    A Delaware bankruptcy judge on Thursday approved biotechnology investor Apple Tree Life Sciences Inc.'s bid to deploy another $4 million in Chapter 11 to support its portfolio companies, after the debtor and its new independent directors reached a deal on the interim funding.

  • July 29, 2026

    DOJ Probing Brothers Who Ran Summer Camp Empire

    A federal grand jury is investigating the bankrupt summer camp operator SIMAD Holdings, its controlling shareholders and related entities, and the company has received a demand to produce documents as part of the probe, according to a notice filed with the Tel Aviv Stock Exchange.

  • July 29, 2026

    MF Global Proposes Complex Plan To Speed Ch. 11 Payments

    Reorganized commodities brokerage MF Global proposed a multistep restructuring process that it says will help speed up and increase recoveries due to unsecured creditors nearly 13 years after a New York bankruptcy court confirmed its Chapter 11 plan of liquidation.

  • July 29, 2026

    Grupo Antolin Noteholders Seek Ch. 15 Toss Or Transfer

    Objecting noteholders have told a New York bankruptcy judge that the Chapter 15 cases of U.S. affiliates of Spanish auto parts maker Grupo Antolin violate U.S. bankruptcy principles and should be thrown out, while additionally arguing the cases should be transferred to Michigan if they are not dismissed.

Expert Analysis

  • Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • 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.

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