Large Cap

  • June 30, 2026

    Gordon Rees Adds 8 Partners In Northern California

    Gordon Rees Scully Mansukhani LLP has expanded its offices in Northern California with eight new partners who have expertise in multiple practice areas, a firm spokesperson told Law360 Pulse on Tuesday.

  • June 29, 2026

    Ex-SVB Exec Concedes 'Excessive Risks' As FDIC Trial Opens

    Silicon Valley Bank's former chief financial officer testified Monday during the first day of a California federal bench trial over the Federal Deposit Insurance Corp.'s claims that the bank's brass mismanaged its assets, acknowledging under examination SVB took on sustained "excessive risks" under the bank's own definition months before it collapsed.

  • June 29, 2026

    SF Archdiocese Reaches $395M Settlement Of Abuse Claims

    The Archdiocese of San Francisco and survivors of clergy sexual abuse have reached a $395 million settlement in principle that would resolve more than 500 lawsuits facing the bankrupt organization, the archdiocese said Monday.

  • June 29, 2026

    Harvey Gulf CEO Sued In Chancery Over Alleged Control Grab

    Black Diamond-affiliated investment funds sued Harvey Gulf International Marine Inc.'s chief executive and other major stockholders in the Delaware Chancery Court, alleging they improperly orchestrated a stock transfer that gave CEO Shane J. Guidry majority control of the offshore vessel company.

  • June 29, 2026

    $100M RICO Suit Is 'Classic' Sanctionable Activity, Attys Say

    A California business owner pursuing racketeering claims against his former business partner and a handful of lawyers and business entities should be sanctioned for bringing a frivolous suit with no standing and no legal basis, several of the defendants have told a San Diego federal judge.

  • June 29, 2026

    Linqto Seeks OK To Sell $130M In Shares From Recovery Fund

    Bankrupt investing platform Linqto has told a Texas bankruptcy judge its Ripple Labs equity holdings are too valuable and asked to be allowed to sell $130 million of the blockchain company's stocks to conform to the terms of its Chapter 11 plan.

  • June 29, 2026

    Chinese Exile Guo Gets 30 Years For $1.4B Fraud

    Exiled Chinese businessman and dissident Miles Guo on Monday was sentenced to 30 years in prison, after a Manhattan federal jury convicted him of defrauding investors of more than $1.4 billion in connection with what prosecutors say was "a criminal enterprise built on lies."

  • June 29, 2026

    Yellow Corp. Dodges WARN Act Liability Over 2023 Layoffs

    Yellow Corp. suffered a major loss in its bankruptcy proceedings Monday when the U.S. Supreme Court preserved a finding that it owes billions in retirement payments, but the defunct trucking company notched a small win in Delaware federal court by skirting liability for a WARN Act violation.

  • June 29, 2026

    Sorrento Case Stopped, Spanish Broadcasting Plan OK'd

    A New York bankruptcy judge granted Chapter 15 recognition of New Fortress Energy affiliates' English restructuring plan, and dozens of U.S. summer camps gained permission to launch a sale process. Meanwhile, Spanish Broadcasting secured confirmation of its Chapter 11 plan, while a Texas bankruptcy judge blocked racketeering claims against Sorrento Therapeutics.

  • June 29, 2026

    Paul Weiss Taps Hilco Global VP To Co-Lead Bankruptcy Team

    A vice chair of financial services holding company Hilco Global has joined Paul Weiss Rifkind Wharton & Garrison LLP to co-head the restructuring and debt capital solutions practice, the firm has announced.

  • June 29, 2026

    King & Spalding Adds Another Proskauer Funds Co-Head

    King & Spalding LLP has hired another former practice leader from Proskauer Rose LLP amid its ongoing efforts to build out its fund finance capabilities, the firm announced Monday.

  • June 29, 2026

    IT Co. TPx Communications Hits Ch. 11 With $1.1B In Debt

    Information technology services provider TPx Communications filed for Chapter 11 protection Monday in a Texas bankruptcy court with a restructuring support agreement backed by the holders of the majority of its $1.1 billion in debt.

  • June 29, 2026

    Justices Won't Hear Highland Capital Ch. 11 'Gatekeeper' Case

    The U.S. Supreme Court said Monday that it will not hear Highland Capital's arguments for reversing a Fifth Circuit decision narrowing the claims releases and so-called gatekeeper provision in the bankrupt Texas investment fund's Chapter 11 plan.

  • June 29, 2026

    Justices Won't Review Yellow Corp. Ch. 11 Pension Liabilities

    The U.S. Supreme Court on Monday rejected defunct trucking giant Yellow Corp.'s appeal of a bankruptcy court decision that it owes billions of dollars in retirement fund withdrawal liability, despite a pandemic-era pension fund stimulus package.

  • June 26, 2026

    PACER Fees Will Rise To Fund Cyber Defense Upgrades

    The federal judiciary announced Friday it will temporarily increase the fees for electronic access to court records to pay for a potential $800 million upgrade that will modernize and strengthen court records systems PACER and CM/ECF, an upgrade it previously said is needed to respond to escalating cyberattacks.

  • June 26, 2026

    Summer Camps Get OK For Speedy Sale, Ch. 11 Funding

    Dozens of U.S. summer camps can race toward a sale after their bankrupt owner SIMAD Holdings won approval on Friday to solicit bids by July 17, over the strenuous objection of the largest unsecured creditor in the chaotic Chapter 11 case.

  • June 26, 2026

    Ex-Celsius Exec Fights For Share Of D&O Defense Fund

    A former executive for the bankrupt cryptocurrency firm Celsius Network has told a New York federal court that he is entitled to directors and officers liability coverage for his costs defending a criminal case in which he pled guilty to manipulating the price of the firm's crypto token.   

  • June 26, 2026

    Lender Calls GoldenPeaks Ch. 11 A Ploy To Seize Solar Assets

    A lender to the Polish affiliate of alternative energy investment company GoldenPeaks Capital is asking a Texas bankruptcy judge to dismiss its Chapter 11 case, saying it was only filed in the U.S. as a ploy to hand a junior creditor control of the company.

  • June 26, 2026

    New Fortress Units Get Ch. 15 Recognition Of UK Debt Plan

    Two affiliates of natural gas production and delivery company New Fortress Energy gained recognition of their U.K. debt restructuring plan Friday from a New York bankruptcy judge, who found the strategy was appropriate.

  • June 26, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A battery recycler will seek a Texas bankruptcy court's permission to sell residual assets. A bankruptcy judge in Delaware is slated to issue a bench ruling in bankrupt cryptocurrency company Terraform Labs' Chapter 11 case. And a New York bankruptcy court will consider the Sleep Number mattress maker's bidding procedures motion.

  • June 26, 2026

    Judge Stays Jackson Walker RICO Suit Over Sorrento Ch. 11

    A California federal judge has paused Sorrento Therapeutics shareholders' litigation after a Texas bankruptcy court ruled they lacked standing to pursue racketeering claims over a former Jackson Walker attorney's relationship with the judge who initially oversaw the biotech company's Chapter 11.

  • June 26, 2026

    First Brands Gets Retiree Committee In Ch. 11

    A Texas bankruptcy judge has authorized auto parts maker First Brands to form a committee of nonunion retirees for the debtor to negotiate with to downsize their life and health insurance benefits.

  • June 25, 2026

    FDIC Calls For Narrower Resolution Plans, Assessment Cuts

    The Federal Deposit Insurance Corp. on Thursday floated new rules that would significantly scale back its resolution-planning requirements for large banks and slash the banking industry's annual deposit insurance assessment bill by $4 billion, or roughly a third.

  • June 25, 2026

    PROMESA Turns 10: Puerto Rico's New Start, Unclear Future

    As the 10th anniversary of a law meant to restructure Puerto Rico’s more than $70 billion in government debt approaches, experts say it remains to be seen if reform efforts stick — and what the long-term economic situation for the island will be.

  • June 25, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A lender to a New York City loft owner sought to take possession of the building after a planned credit bid sale never took place. The examiner in First Brands' Chapter 11 case will not receive any extra funding. And the liquidation trust for a debtor that conducted a Ponzi scheme wants to recover funds from three beneficiaries of what it says were ill-gotten gains.

Expert Analysis

  • Consultants Should Be Aware Of DOJ's Potential New Reach

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    The U.S. Department of Justice's recent first-of-its-kind settlement with McKinsey & Co. indicates not only the DOJ's more aggressive stance toward businesses' potential criminal wrongdoings, but also the benefits of self-disclosure and cooperation when wrongdoing becomes apparent, says Dom Caamano at Kibler Fowler.

  • Playing Esports Makes Me A Better Lawyer

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    Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.

  • An Associate's Guide To Career Development In 2025

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    As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.

  • Making The Pitch To Grow Your Company's Legal Team

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    In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.

  • Justices May Find Gov't Can Keep Fraudulent Transfer Benefit

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    Based on the justices' questions at the recently argued U.S. v. Miller, the Supreme Court appears prepared to hold that the U.S. — unlike any other creditor — is permitted to retain the benefits of a fraudulent transfer to the detriment of other bankruptcy creditors, says Kevin Morse at Clark Hill.

  • When US Privilege Law Applies To Docs Made Outside The US

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    As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in mind, say attorneys at Hunton.

  • What 2024 Trends In Marketing, Comms Hiring Mean For 2025

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    The state of hiring in legal industry marketing, business development and communications over the past 12 months was marked by a number of trends — from changes in the C-suite to lateral move challenges — providing clues for what’s to come in the year ahead, says Ben Curle at Ambition.

  • How The Onion Could Still Buy InfoWars

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    While a Texas bankruptcy judge nixed the sale of InfoWars to The Onion on Tuesday, a slight tweak to the novel mechanism proposed could make the sale approvable, says Christopher Hampson at the University of Florida.

  • Group Running Makes Me A Better Lawyer

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    The combination of physical fitness and community connection derived from running with a group of business leaders has, among other things, helped me to stay grounded, improve my communication skills, and develop a deeper empathy for clients and colleagues, says Jessica Shpall Rosen at Greenwald Doherty.

  • 6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • A Closer Look At SDNY Bankruptcy Rule Amendments

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    The U.S. Bankruptcy Court for the Southern District of New York’s recent amendments to its local rules aim to streamline key Chapter 11 processes, resolve misunderstandings about previous iterations of the rules and urge caution about the use of artificial intelligence, say attorneys at Skadden.

  • FTX Exec's Sentencing Shows Pros And Cons Of Cooperation

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    The sentencing of former FTX tech deputy Gary Wang, whose cooperation netted him a rare outcome of no prison time, offers critical takeaways for attorneys and clients navigating the burgeoning world of crypto-related prosecutions, says Andrew Meck at Whiteford.

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