Large Cap

  • September 14, 2026

    Latvian Carrier AirBaltic Hits Ch. 11 After COVID, War Shocks

    Latvian carrier airBaltic filed for Chapter 11 bankruptcy protection in New York on Monday, citing liabilities of more than $1 billion, after years of financial strain from the COVID-19 pandemic, Russia's invasion of Ukraine and a sharp increase in jet fuel prices following the outbreak of the Iran-U.S. conflict in early 2026.

  • September 11, 2026

    Hughes Satellite Creditors Ask To Float Their Own Ch. 11 Plan

    A group of noteholders of telecommunications company Hughes Satellite has asked a Texas bankruptcy court to terminate the period during which only the debtor can file a reorganization plan so that the creditors can propose their own plan.

  • September 11, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Nightclub Balcon Salon will have a hearing on its liquidation plan and disclosure, FTX's recovery trust will undergo an omnibus hearing and a Texas bankruptcy judge will conduct a status conference in Fat Brands' case.

  • September 11, 2026

    Inspired Healthcare Reports $582M In Bids On Assets

    Inspired Healthcare Holdings has told a Texas bankruptcy judge it secured $582.3 million in offers for two dozen of its senior living developments, while two lenders are alleging the debtor failed to maximize the value of the properties by not considering an all-asset bid.

  • September 11, 2026

    Minnesota Vikings Seek Payment In Sleep Number Ch. 11

    An affiliate of the Minnesota Vikings has asked a New York bankruptcy judge to require Sleep Number to pay more than $313,000 that the NFL team says the mattress company owes under a sponsorship agreement.

  • September 11, 2026

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

    The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaster TV Azteca file commercial fraud claims against Barclays and Metro Bank.

  • September 11, 2026

    Meet The Attys Acting As LIV Golf's Ch. 11 Caddies

    LIV Golf has hired attorneys from Gibson Dunn & Crutcher LLP and Cole Schotz PC to assist it as the league looks to quickly secure confirmation of a Chapter 11 plan supported by new investors that would give its golfers a majority stake in the reorganized golf tour.

  • September 10, 2026

    Bankman-Fried Asks Justices To Review His Fraud Conviction

    Incarcerated FTX founder Sam Bankman-Fried urged the U.S. Supreme Court on Thursday to review the Second Circuit's decision affirming his fraud conviction and $11 billion forfeiture order, saying now is the time to resolve whether evidence of fraud victims' losses belongs in fraudulent-inducement prosecutions and whether his "crushing fine" is constitutional.

  • September 10, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Camp Mystic will languish in Chapter 11 unless a trustee takes over from the owners of the Texas summer camp, its unsecured creditors said. A company that provides data training for artificial intelligence models said it plans to top Google's $10 million bid for the data of Spirit Aviation Holdings. Alcohol distributor Republic National Distributing Co. has proposed an $11 million private sale of certain assets. 

  • September 10, 2026

    Nielsen Tells 2nd Circ. Court Altered Terms Of Cumulus Order

    Nielsen is headed back to the Second Circuit after a New York federal court changed the terms of a preliminary injunction that the appellate court had already upheld, the company said, requiring Nielsen to not only unbundle its national radio ratings data from its local offerings but also to provide that data on specific terms.

  • September 10, 2026

    Mastering The Bankruptcy Practice: Prepack Success Secrets

    A novice bankruptcy lawyer may have learned a great deal from law school, but more senior lawyers can offer lessons for developing successful prepackaged Chapter 11 cases, including the need to take a long view, keep a collaborative spirit and draw from diverse personal experience.

  • September 10, 2026

    Google Says Spirit Data Deal Excludes Consumer Info

    Google has responded to concerns raised by a court-appointed privacy ombudsman about its proposed purchase of data from bankrupt Spirit Airlines by telling a New York bankruptcy judge it has no interest in collecting consumer information.

  • September 10, 2026

    Data Group Wiser Solutions' Ch. 11 Tossed Following Sale

    A Texas bankruptcy judge agreed Thursday to dismiss the Chapter 11 case of WSI Winddown Inc., formerly known as Wiser Solutions, after a sale of the retail data firm's assets left it without cash or operations to secure confirmation of a plan.

  • September 10, 2026

    Yellow Corp.'s Ch. 11 Agreements With Pension Funds Approved

    A Delaware bankruptcy judge has approved agreements between former trucking giant Yellow Corp.'s liquidating trust and certain pension funds totaling $525.9 million, resolving withdrawal liability claims and adding to an earlier batch of settlements approved in the company's Chapter 11 case.

  • September 10, 2026

    Meet The Attorneys Working Foley & Lardner Malpractice Suit

    Attorneys from Ross Aronstam & Moritz LLP, Young Conaway Stargatt & Taylor, LLP and Benesch Friedlander Coplan & Aronoff LLP are facing off in a suit by the Chapter 7 trustee of food waste recycler KDC Agribusiness accusing Foley & Lardner LLP of malpractice that helped drive the company into bankruptcy.

  • September 10, 2026

    Alcohol Distributor Can Seek Votes On Unopposed Ch. 11 Plan

    A Texas bankruptcy court Thursday approved alcohol distributor Republic National's Chapter 11 plan disclosure statement and vote solicitation procedures, after hearing the documents had the support of all stakeholders and there were no objections.

  • September 09, 2026

    2nd Circ. Says FDIC Need Not File Claim To Save SVB Setoff

    The Federal Deposit Insurance Corp. is not required to file a claim in the bankruptcy case of Silicon Valley Bank's former parent to preserve its defensive setoff rights, the Second Circuit found Wednesday, delivering another blow to the company in its legal battle with the regulator.

  • September 09, 2026

    LIV Golf Tees Up Speedy Ch. 11 Plans Backed By New Investor

    A New Jersey bankruptcy judge Wednesday authorized LIV Golf to access $14 million of a roughly $50 million debtor-in-possession loan from Saudi Arabia's sovereign wealth fund, as the league looks to quickly secure confirmation of a Chapter 11 plan supported by new investors that would give its golfers a majority stake in the reorganized golf tour.

  • September 09, 2026

    Catching Up WIth New Bankruptcy Case Action

    LIV Golf filed for Chapter 11 protection in New Jersey with more than $500 million in debt. Electric motor manufacturer Reuland Electric Co. and its parent company filed for bankruptcy, citing a deteriorating relationship with a lender. A real estate developer that formerly proposed an Islamic community center near the World Trade Center site in Lower Manhattan filed for Chapter 11 with about $14 million in debt.

  • September 09, 2026

    Spirit, Honeywell Spar Over Spare Parts Ownership In Ch. 11

    Spirit Airlines, its lenders and Honeywell Technologies spent Wednesday arguing before a New York bankruptcy judge over whether the bankrupt airline has to turn over hundreds of spare airplane parts to the manufacturer.

  • September 09, 2026

    Texas Justices Reject Sandy Hook Families' Infowars Appeal

    The Texas Supreme Court on Wednesday denied Sandy Hook families' requests to dissolve lower appeals court orders that stopped a court-appointed receiver from assuming control of bankrupt commentator Alex Jones' website Infowars and leasing the intellectual property of its parent company Free Speech Systems LLC to satire publication The Onion.

  • September 09, 2026

    Ex-SDNY Judge Joins Zaiger Linden After Joseph Hage Closure

    Commercial litigation boutique Zaiger Linden Roberti & Pepe LLC announced this week that it has hired a former U.S. bankruptcy judge for the Southern District of New York who most recently worked at now-shuttered Joseph Hage Aaronson LLC, touting his history of working on "many of the nation's largest and most consequential business bankruptcies."

  • September 09, 2026

    Chinese Real Estate Co. Seeks Ch. 15 In Latest Restructuring

    Chinese real estate services group E-House asked a New York bankruptcy judge to recognize a Cayman Islands restructuring addressing over $900 million in debt, marking its third Chapter 15 petition since 2022.

  • September 09, 2026

    Watchdog Defends Standing In Jackson Walker Fees Case

    A Texas bankruptcy judge will make a finding on the U.S. Trustee's Office's authority to seek to have attorney fees clawed back from Jackson Walker LLP, after hearing the watchdog argue Wednesday that its public service mission grounds the effort.

  • September 08, 2026

    Meet The Attorneys Guiding BioXcel Therapeutics' Ch. 11

    A group of attorneys from Young Conaway Stargatt & Taylor LLP and Cooley LLP is representing artificial intelligence-powered drug company BioXcel Therapeutics Inc. in its Chapter 11 case.

Expert Analysis

  • E-Discovery Quarterly: Recent Rulings On ESI Control

    Author Photo

    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

    Author Photo

    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • What A Court Doc Audit Reveals About Erroneous Filings

    Author Photo

    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • Getting The Most Out Of Learning And Development Programs

    Excerpt from Practical Guidance
    Author Photo

    Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.

  • AI Presents A Make-Or-Break Moment For Outside Counsel

    Author Photo

    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • 8 Tariff Refund Questions For Restructuring Professionals

    Author Photo

    For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act raises several questions about how to capture legitimate recoveries while protecting an enterprise from the consequences of its own history, says Jonny Frank and Laura Greenman at StoneTurn, and Andrew Popescu at Province.

  • Using Liability Forecasts In Financial Reports Vs. Bankruptcy

    Author Photo

    Understanding the differences of scope, time frame and stakes between liability forecasts drawn up for financial reports versus those used in bankruptcy litigation is crucial for attorneys seeking to leverage economic analysis to ask the right questions, and strengthen their compliance and courtroom strategies, says Jorge Gallardo-García at Bates White.

  • When 'Qualified Transferees' Can Chill UCC Foreclosures

    Author Photo

    A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

    Excerpt from Practical Guidance
    Author Photo

    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

  • How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs

    Author Photo

    In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.

  • Law School's Missed Lessons: The Human Element

    Author Photo

    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • Law School's Missed Lessons: In Court, It's About Storytelling

    Author Photo

    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

  • Charges Signal Tougher Stance On Execs' Bankruptcy Fraud

    Author Photo

    The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea change in the willingness of federal prosecutors to use bankruptcy fraud as a basis to charge corporate officers more frequently alongside traditional statutes such as wire fraud, bank fraud and money laundering, say attorneys at White & Case.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Large Cap archive.