Large Cap

  • 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.

  • September 08, 2026

    FDIC Beats SVB Parent's Suit, Salad Co. Has New Lease Buyer

    Silicon Valley Bank's former parent company lost its yearslong efforts to force the Federal Deposit Insurance Corp. to return $1.7 billion it seized. A Delaware bankruptcy judge questioned whether HSF Kramer's previous work for creditors disqualifies it from guiding a West Virginia coal plant through its Chapter 11 proceeding. And multiple debtors secured confirmation of plans in complex Chapter 11 cases.

  • September 08, 2026

    Sugar Co. Gets US Nod For Brazilian Restructuring Plan

    A New York bankruptcy judge has given U.S. recognition and enforcement to Grupo Virgolino de Oliveira's amended Brazilian reorganization plan, a move the sugar grower and processor called a final step in its restructuring.

  • September 08, 2026

    Dish Wireless Creditors Seek Ch. 11 Trustee Over Conflicts

    The official committee of unsecured creditors in the Chapter 11 cases of Dish DBS Corp. and affiliate Dish Wireless have asked a Texas bankruptcy judge to appoint a Chapter 11 trustee to manage the wireless debtors' estates, arguing there are irreconcilable conflicts in the cases.

  • September 08, 2026

    LIV Golf Hits Ch. 11 After Losing Saudi Backing

    LIV Golf filed for Chapter 11 protection in New Jersey bankruptcy court Tuesday with more than $500 million in debt after losing the financial backing of Saudi Arabia's Public Investment Fund, saying it plans to hand control of the company to its players.

  • September 08, 2026

    Shipman & Goodwin Opens In Dallas With Restructuring Duo

    Shipman & Goodwin LLP announced Tuesday that the firm has opened its first office outside the Northeast, expanding to Dallas with the hire of two restructuring attorneys from Ferguson Braswell Fraser Kubasta PC.

  • September 08, 2026

    777 Partners Gets OK To Ditch 6 Leases In Ch. 11 Case

    Investment firm 777 Partners secured a Texas bankruptcy judge's approval Tuesday to reject six leases for offices the debtor occupied before seeking Chapter 11 protection in August.

  • September 04, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Long Island nursing home will fend off a Chapter 7 conversion bid. Former trucking company Yellow Corp. is seeking approval for $526 million in settlements. And the U.S. Trustee's Office is defending its standing to claw back fees from a law firm at the center of a judicial ethics scandal.

  • September 04, 2026

    Why Alkegen's Opt-Out Releases Were OK Under Purdue, Ebix

    Specialty materials maker Alkegen's defeat of a challenge to legal releases in its Chapter 11 plan offers more clarity around what constitutes consent under the U.S. Supreme Court's Purdue Pharma decision, with a Texas bankruptcy judge allowing the debtor to use opt-outs to bind creditors who accepted the plan.

  • September 04, 2026

    McKesson Owns Antitrust Claims, Not Rite Aid, Judge Finds

    A New Jersey bankruptcy judge has ruled that antitrust claims against pharmaceutical companies belong to drug distributor McKesson Corp., not the trustee overseeing Rite Aid's Chapter 11 distributions.

  • September 04, 2026

    Genesis Unit Ex-President Denies Using Files To Build Rival

    The former acting president of a Genesis Healthcare subsidiary denied using company documents to create a competitor during a hearing Thursday on Genesis' motion for a preliminary injunction against the competitor and its executives.

  • September 04, 2026

    Willkie Farr Taps Atty As Liability Mgmt., Strategic Credit Chair

    Willkie Farr & Gallagher LLP announced that it has tapped a former Gibson Dunn & Crutcher LLP lawyer to chair its newly formalized liability management and strategic credit practice.

  • September 04, 2026

    Media Biz Beats Early Bid For Emails In $20M Fraud Dispute

    The founders of production company Pulse Films, now owned by Vice Media, have failed to force former Vice executives to disclose documents about the media giant's financial troubles ahead of a potential $20 million fraud claim.

  • September 03, 2026

    Boy Scouts Trust, Insurers To Mediate $211M Escrow Dispute

    A Delaware bankruptcy judge on Thursday sent the official overseeing the Boy Scouts of America's settlement trust and a clutch of insurers into mediation to hash out a conflict over escrowed funds tied to a $1.66 billion deal the debtor reached years ago.

  • September 03, 2026

    Invesco Funds Settle In Serta Uptier Ch. 11 Appeal

    Invesco-managed funds reached a confidential settlement, ending appeals of a Texas bankruptcy judge's decision that Serta Simmons lenders excluded from a debt restructuring deal are owed $400 million.

  • September 03, 2026

    Jackson Walker, Watchdog To Argue Standing Despite Deal

    The U.S. Trustee's Office and Texas law firm Jackson Walker LLP are heading for a fight next week about whether the bankruptcy watchdog has standing to claw back attorney fees after a scandal touched some of the firm's cases — but it's a battle that both sides no longer want.

  • September 03, 2026

    Alkegen Gets OK To Cut $3.1B In Debt Under Ch. 11 Plan

    A Texas bankruptcy judge on Thursday signed off on specialty materials maker Alkegen's plan to cut $3.1 billion in debt and emerge from its Chapter 11 case with fresh funds to support its turnaround, approving the debtor's restructuring and overruling an objection from the U.S. Trustee's Office.

  • September 03, 2026

    1st Circ. Orders Redo In Puerto Rico Hospital Loan Fight

    The First Circuit revived hospital Instituto Medico Del Norte's Chapter 11 lawsuit against a lender, remanding the case after it "struggled to make sense" of a Puerto Rico bankruptcy judge's decision to dismiss the litigation.

  • September 03, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Former Spirit employees' unions opposed the sale of the airline's business data to Google for AI training. Malibu mansion builders sought approval to sell two properties for $110 million. Danskammer Energy opposed an NYISO bid to set off funds against its alleged debt. The owner of a defunct boarding school in Pennsylvania faced a bid to dismiss its second Chapter 11 case.

  • September 03, 2026

    O'Melveny Lands Cleary Restructuring Partner In NY

    O'Melveny & Myers LLP has hired a corporate restructuring lawyer from Cleary Gottlieb Steen & Hamilton LLP as a partner in its bankruptcy and restructuring practice in New York.

  • September 02, 2026

    Trading Firm To Seek Justices' Input On Arbitration Questions

    The Seventh Circuit said Wednesday that it will wait to make its arbitration rejection official so a Chicago trading firm can ask the U.S. Supreme Court to determine whether it was correctly ordered to litigate proposed class securities manipulation accusations.

  • September 02, 2026

    Avaya Execs Beat Investor Suit Over Failed Tech Transition

    A New York federal court has dismissed a shareholder lawsuit against two former Avaya Holdings Corp. executives, who were accused of misleading investors about the success of the North Carolina-based company's transition from a telecom to a technology firm prior to its bankruptcy filing, finding all challenged statements were forward-looking or inactionable.

  • September 02, 2026

    Ex-Genesis Team Denies Using Trade Secrets To Compete

    Former executives for a subsidiary of bankrupt nursing home chain Genesis Healthcare have told a Texas bankruptcy judge they didn't steal trade secrets to start a new business, accusing their former employer of trying to quash a competitor in the courts.

  • September 02, 2026

    Chicken Soup Ex-CEO Can't Dodge Redbox Clawback Suit

    A Delaware bankruptcy judge on Wednesday allowed a clawback adversary suit to proceed against the former CEO of Chicken Soup for the Soul Entertainment Inc., who, according to the Chapter 7 trustee in the case, used the company as his 'personal piggybank.'

  • September 02, 2026

    IT Group TPx Confirms Ch. 11 Plan Cutting $1B From Books

    A Texas bankruptcy judge on Wednesday approved information technology services provider TPx Communications' Chapter 11 plan that will see it emerge from bankruptcy with a $1 billion lighter balance sheet.

Expert Analysis

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • Calif. Banking Brief: All The Notable Legal Updates In Q4

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    The regulatory and litigation developments for California financial institutions in the fourth quarter of 2025 were incremental but consequential, with the Department of Financial Protection & Innovation relying on public enforcement actions to articulate expectations, and lawmakers and privacy regulators playing a role as well, says Stephen Britt at Stinson.

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

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    While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential risks to their business model and the power supply arrangements they rely on appear on the horizon, says Mark Sherrill at Chamberlain Hrdlicka.

  • 3 Notable Developments In Ch. 15 Bankruptcy This Year

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    Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified the framework of Chapter 15 surrounding nonparty releases, reinforced the principles of a debtor's center of main interest in the face of extensive mass tort litigation, and reviewed synthetic cross-border proceedings, say attorneys at Troutman.

  • 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.

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