Large Cap

  • September 25, 2026

    NextEra's $9.5M Deal In Wage-Fixing Case Gets Initial OK

    A Maryland federal judge gave preliminary approval to a settlement agreement that would see NextEra Energy pay $9.5 million to resolve class action allegations it conspired with other nuclear energy producers to fix worker wages.

  • September 25, 2026

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

    The past week in London has seen Glencore Energy sue a refinery for allegedly defrauding it out of more than $236 million worth of crude oil, the former CEO of ankle-tag maker Big Technologies file a defamation claim against the company, and property investment group Hunter Jones hit by a claim from the Financial Conduct Authority. 

  • September 25, 2026

    Brightline Florida To Continue Operating While In Ch. 11

    Florida's Brightline rail service will continue operating during the Chapter 11 cases of its parent entities, as they pursue a restructuring of more than $1 billion of bond debt with the support of its creditors.

  • September 24, 2026

    Ex-Tricolor CEO Says Feds Botched Warrants In Fraud Case

    The former CEO of Tricolor Holdings on Thursday urged a Manhattan federal judge to bar any evidence seized from searches of his communications from being used to support accusations that he deceived lenders and investors about the subprime auto lender's assets before it crashed into bankruptcy with $1 billion in debt, saying federal agents ran roughshod over the Fourth Amendment.

  • September 24, 2026

    Summer Camp Co. Says $19M Lien Targets Wrong Ch. 11 Case

    Summer camp company SIMAD Holdings asked a New Jersey bankruptcy judge Thursday to nix a roughly $18.7 million claim lodged by a New York-based credit union, saying the relevant lien has to do with property in a different bankruptcy.

  • September 24, 2026

    Sears Ex-CEO Strikes $4.75M Deal To End Bankruptcy Suits

    The former CEO of Sears Holdings Corp., Edward S. "Eddie" Lampert, has reached a settlement with the Chapter 7 trustee liquidating Sears Hometown Stores Inc., a remnant of the former retail giant, that puts to rest litigation over the fall of the company.

  • September 24, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A trustee in Rite Aid's bankruptcy is appealing the judge's ruling regarding antitrust claims, a New York judge denied installation of a Chapter 11 trustee in a SoHo building owner's case, and the Chapter 7 trustee for a bankrupt television network asked a judge to find the company's president is still in contempt of an order to turn over its film library.

  • September 24, 2026

    Lugano Diamonds Gets Official OK For Ch. 11 Liquidation Plan

    A Delaware bankruptcy judge Thursday confirmed Lugano Diamonds' Chapter 11 liquidation plan, after the jewelry house finalized a deal with its former CEO.

  • September 24, 2026

    DOJ Appellate Vet Tapped As NYC Bankruptcy Judge

    The U.S. Court of Appeals for the Second Circuit has appointed a 24-year veteran of the U.S. Attorney's Office for the Southern District of New York to serve as a bankruptcy judge for that same jurisdiction, ahead of the retirement of U.S. Bankruptcy Judge Martin Glenn at the end of the month.

  • September 24, 2026

    1st Circ. Rejects Puerto Rico Bondholders' $8.5B Claim

    The First Circuit has upheld a ruling barring Puerto Rico electric utility bondholders from asserting an $8.5 billion claim against the island's government under its own restructuring plan.

  • September 23, 2026

    Conn. Panel Seeks Info On Intervenor Standing In Setoff Case

    A Connecticut appellate court has asked for more information about whether intervenors challenging caps that could cut millions of dollars of benefits in a state-managed rehabilitation of PHL Variable Insurance Co. are actual policyholders who have standing to be involved in an appeal.

  • September 23, 2026

    2nd Circ. Hints $7.25M Mansion Sale Stands In Guo's Ch. 11

    Second Circuit judges poked holes Wednesday in the claim that the wife of a bankrupt Chinese billionaire was in charge of a company that owned a contested $7.25 million Connecticut mansion, eliciting a concession from her attorney that there is evidence her husband was actually calling the shots.

  • September 23, 2026

    Culligan Investors Say Purdue Bars Bermuda Deal In Ch. 15

    The liquidators of Culligan Ltd., a now-defunct affiliate of the global water treatment brand, asked a New York bankruptcy judge to recognize a Bermuda settlement ending a 14-year "nuisance" derivative shareholder lawsuit, while the plaintiffs in the suit argued the settlement violates the U.S. Supreme Court's Purdue Pharma decision barring nonconsensual releases.

  • September 23, 2026

    Buffalo Diocese Seeks Approval On $177M Deal With Insurers

    The Roman Catholic Diocese of Buffalo has told a New York bankruptcy judge that it has reached a nearly $177 million settlement with its insurance carriers, raising the funds available for the sexual abuse settlement trust in its Chapter 11 plan to nearly $327 million.

  • September 23, 2026

    Spirit Airlines Gets OK To Sell 27 Planes For $668M In Ch. 11

    Spirit Airlines on Wednesday secured a New York bankruptcy judge's approval to sell 27 airplanes to two buyers for a combined $668 million.

  • September 23, 2026

    BigLaw Expands Hybrid Capital Ranks Amid Uncertain Times

    BigLaw firms are jockeying to build out "hybrid capital" practices as their private equity and private credit clients flock to the newly in-demand investment strategy to navigate economic and geopolitical uncertainty.

  • September 23, 2026

    Judge OKs Deal Slashing $303M Claims In Mallinckrodt Ch. 11

    A Delaware bankruptcy judge gave the all clear for a settlement hammered out between drugmaker Mallinckrodt's unsecured creditors' trustee and aggrieved securityholders of another entity, shrinking claims that had been asserted at $303 million.

  • September 23, 2026

    Genesis Healthcare Reports Last-Minute Facility Sale Snags

    Genesis Healthcare and the winning bidder for its 175 nursing homes told a Texas bankruptcy judge Wednesday they have fallen into a disagreement over $100 million of the $1 billion purchase price with the deadline to close the sale a week away.

  • September 22, 2026

    Catching Up With New Bankruptcy Case Action

    Two restaurant chains hit bankruptcy, saying they were casualties of an erratic economy. A hospice care provider and an operator of mental health facilities filed for bankruptcy protection. And a real estate developer entered bankruptcy court after a dispute involving tribal law.

  • September 22, 2026

    Lender's $8.1M In Losses Were 'Self-Inflicted,' 11th Circ. Told

    The former CEO of a lender that financed independent insurance marketers has urged the Eleventh Circuit to reverse an $8.1 million trial judgment for breaching his work terms, arguing that the damages sustained by his previous employer were "self-inflicted." 

  • September 22, 2026

    Ex-Nuclear Power Workers Ask To Amend Wage-Fixing Suit

    Former nuclear plant workers are asking a Maryland federal court to let them refile a proposed class action, saying they have new, direct evidence that companies worked together to fix wages in the nuclear energy industry.

  • September 22, 2026

    Inspired Healthcare Seeks OK For $713M Asset Sale

    Inspired Healthcare on Tuesday asked a Texas bankruptcy judge to approve the sale of 30 of its senior living communities but to leave for later the question of how the $713 million in proceeds will be split among its creditors.

  • September 22, 2026

    Pachulski Stang Names NY Leader As 1st Firm Chair

    Bankruptcy and restructuring boutique Pachulski Stang Ziehl & Jones LLP announced Tuesday it has named its first firm chair, as one of its co-founder steps away from day-to-day management and the firm looks to transition to its next generation.

  • September 22, 2026

    9th Circ. Names Downey Brand Atty To Calif. Bankruptcy Court

    The Ninth Circuit has named a longtime bankruptcy partner at the firm Downey Brand LLP to the bankruptcy bench in the Eastern District of California, the appellate court has announced.

  • September 21, 2026

    Nielsen Faced Potential Fine Of $50K Per Day In Tying Case

    If the Second Circuit hadn't stepped in and paused a New York federal court order commanding Nielsen Co. to provide its national ratings data separate from its local offerings, the company would have racked up $50,000 a day in sanctions if it did not comply.

Expert Analysis

  • Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • 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.

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