Large Cap

  • July 21, 2026

    Simpson Thacher Caused 'Chaos' With Deal, Jury Hears

    The former chief financial officer of Patriot National Inc. testified to a Florida jury on Tuesday that "chaos" broke loose as funds that Simpson Thacher helped steward for the insurance services company hit public markets and executives found out that its terms differed from their understanding of them.

  • July 21, 2026

    A&O Shearman Hires Davis Polk Restructuring Pro In NY

    Allen Overy Shearman Sterling has hired a former Davis Polk & Wardwell LLP counsel as a restructuring partner in New York.

  • July 21, 2026

    Spanish Auto Parts Maker For Ford, GM, Hyundai Seeks Ch. 15

    Spanish auto parts maker Grupo Antolin, which supplies interior components to major automakers including Ford Motor, General Motors and Hyundai Motor, on Monday asked a New York bankruptcy judge for U.S. recognition of its Spanish proceedings to restructure more than $1.4 billion in debt.

  • July 20, 2026

    DOJ Hints Russian Court Ruling May Not Stop $5B Award

    The Trump administration on Monday urged the D.C. Circuit to closely evaluate a Russian court's determination that an underlying arbitration agreement is invalid as it weighs whether to enforce a nearly $5 billion arbitral award against the Kremlin, saying circumstances surrounding the ruling should be a factor.

  • July 20, 2026

    Celsius' Goldstein Owes $2M, Banned From Crypto Trading

    The former chief technology officer of Celsius Network must pay more than $2 million to the Federal Trade Commission as part of a settlement alleging the company's leaders knowingly made false statements to customers before the platform went bankrupt, a New York federal judge has ordered.

  • July 20, 2026

    Judge Mulls Privilege Ahead Of First Brands Ch. 11 Plan Trial

    Creditors on Monday called for First Brands to produce more information about litigation claims at the heart of its proposed Chapter 11 plan before a multiday confirmation hearing next week in Texas bankruptcy court.

  • July 20, 2026

    California Can't Move SunPower Tax Fight Out Of Ch. 11

    A Delaware bankruptcy judge on Monday rejected a request by the state of California to transfer its tax audit dispute with solar panel company SunPower to a state administrative forum, keeping the matter in the Delaware bankruptcy court overseeing the company's Chapter 11 case.

  • July 20, 2026

    Simpson Thacher Points To Audit Issues In Malpractice Trial

    A corporate founder seeking more than $100 million in a malpractice case against Simpson Thacher & Bartlett LLP endured a withering cross-examination in Florida state court Monday over his companies' money flows and an auditor's refusal to certify their financial statements two years after the fundraising transaction he believes the firm botched.

  • July 20, 2026

    Insurance Broker GoHealth Gets OK For $762M Ch. 11 Plan

    A Delaware bankruptcy judge Monday confirmed health insurance brokerage GoHealth's Chapter 11 plan, allowing the debtor to refinance $762 million in debt and transfer equity to its lenders, six weeks after the company sought bankruptcy protection.

  • July 20, 2026

    Fed. Circ. Told Decision Clearing Sirius In Patent Case Flawed

    German research institute Fraunhofer-Gesellschaft has urged the Federal Circuit to revive its patent suit against SiriusXM, saying a lower court made various errors when deciding that the satellite radio giant relied on a delay in bringing the suit.

  • July 20, 2026

    Sleep Number Gets OK For $702M Sale To Canadian Co.

    A New York bankruptcy judge Monday approved the nearly $702 million sale of mattress company Sleep Number to a Canadian bedding retailer, following an agreement to postpone potential future severance payments until the court determines if they would break bankruptcy law.

  • July 20, 2026

    Jackson Walker, US Trustee Denied Delay In Romance Dispute

    Jackson Walker LLP and the U.S. Trustee's Office, grappling with the aftermath of a romantic relationship between one of the firm's former partners and a then-bankruptcy judge, will not be able to delay pretrial proceedings to continue negotiating a possible settlement, a judge ruled Monday.

  • July 20, 2026

    QVC Gets Plan OK, Weil Names Global Restructuring Chair

    Home shopping network QVC secured approval for its Chapter 11 plan, Weil Gotshal & Manges LLP announced its choice for the new role of global restructuring chair, and watch designer and manufacturer E. Gluck obtained the go-ahead for its Chapter 11 liquidation plan.

  • July 20, 2026

    NC Energy Efficiency Aggregator Hits Ch. 11 After $1B Penalty

    North Carolina-based energy efficiency aggregator American Efficient LLC has filed for bankruptcy, listing between $1 billion and $10 billion of estimated liabilities on its petition, three months after being hit with a penalty of more than $1 billion by federal energy regulators.

  • July 17, 2026

    FDIC Says Excessive Risk Dooms SVB's $1.7B Claim

    The Federal Deposit Insurance Corp. argued during closing arguments in a trial in California federal court that Silicon Valley Bank's 2023 failure was due to excessive financial risk and mismanagement, while SVB countered that its losses were sparked by an "unprecedented" bank run.

  • July 17, 2026

    Real Estate Recap: Office-To-Resi Woes, Prefab Housing Wins

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney reactions to the structural issues at the old Pfizer building in New York, a Big Law partner's view of manufactured housing in light of the new federal housing law, and new tactics in data center development as certain states clamp down.

  • July 17, 2026

    Rakoff Tells Investors Big Banks Were Tricolor Fraud Victims

    U.S. District Judge Jed S. Rakoff has entered an opinion explaining why he tossed an investor suit last month accusing JPMorgan, Barclays and Fifth Third of facilitating a fraudulent scheme by bankrupt subprime auto lender Tricolor Holdings, saying the suit does not establish the banks' motivations.

  • July 17, 2026

    SIMAD Scores Bids For 2 More Summer Camps In Ch. 11

    Summer camp holding company SIMAD has asked a New Jersey bankruptcy judge to sign off on new stalking horse offers totaling over $30 million to set the floor for a Chapter 11 auction of two of its New York summer camps.

  • July 17, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A health insurance brokerage will vie for confirmation of its Chapter 11 plan. A medical spa management firm will seek to convert its case to a liquidation. And a Texas bankruptcy judge will consider TGI Fridays' $220,000 settlement with claimants alleging they were fired improperly.

  • July 17, 2026

    7th Circ. Admonishes Atty Over 'Astonishing' Bogus Citations

    The Seventh Circuit has admonished but declined to sanction an attorney for a brief that included what a judge called "an astonishing number of erroneous and even hallucinated citations."

  • July 17, 2026

    GoldenPeaks Creditors Get Extra Plan Disclosure Review Time

    A Texas bankruptcy judge Friday pushed back the disclosure statement hearing for the Polish affiliate of alternative energy investment company GoldenPeaks Capital by a few days, after creditors objected to an expedited timeline.

  • July 16, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The U.S. Trustee's Office obtained permission to put a watchdog in place in Spirit Airlines' bankruptcy, TGI Fridays pitched a $220,000 settlement in its bankruptcy, a medical spa management company asked to move into liquidation, and a Dallas hospital sought a speedy hearing on its plan disclosure.

  • July 16, 2026

    Zaslav-Backed Bid Sets Floor For SIMAD Summer Camp

    A group backed by Warner Bros. Discovery CEO David Zaslav is making a $68 million stalking horse bid for Mohawk Day Camp, one of a collection of camps run by SIMAD Holdings that are up for sale in its Chapter 11 proceeding.

  • July 16, 2026

    Fat Brands Execs Beat Investor Suit Over $47M Loan Scheme

    A California federal judge has dismissed former and current Fat Brands executives from a proposed class action accusing them and the restaurant group of falsely claiming to be cooperating with the government's investigations into allegations that its CEO orchestrated a $47 million loan scheme, causing stock prices to plunge when criminal charges were announced.

  • July 16, 2026

    Del Monte Minority Lenders' Ch. 11 Direct Appeal Move Fails

    A New Jersey bankruptcy judge denied a motion from minority secured lenders of fruit company Del Monte seeking certification for a direct appeal of the company's Chapter 11 plan confirmation order Thursday, saying there aren't any pure legal issues to be decided by the circuit court.

Expert Analysis

  • 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.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

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    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

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