Large Cap

  • July 31, 2026

    Freedom Forever To Liquidate After Ch. 11 Sale Collapses

    Insolvent solar panel installation company Freedom Forever told a Delaware bankruptcy court Friday it will seek conversion of its Chapter 11 case to a Chapter 7 liquidation and terminate most of its employees, after a proposed sale of assets to its CEO did not gain the approval of unsecured creditors.

  • July 31, 2026

    AFSA CEO Targets 'Systemic Misuse' Of Insolvency And Debt

    AFSA will focus on investigating the "systemic misuse" of personal insolvency proposals and predatory debt agreements, with CEO Tim Beresford saying these are the greatest threats to the insolvency system's integrity in a speech on Thursday.

  • July 30, 2026

    FCC Says EchoStar Can't Use Trust Fund To Pay Itself

    The Federal Communications Commission is not pleased that EchoStar is trying to convince a bankruptcy court to let it use a trust fund created to pay contractors to build its now-abandoned 5G network to instead pay a loan one EchoStar subsidiary made to another.

  • July 30, 2026

    Del. Chancery Axes Student Loan Co. 'Unfair' Lender Deal Suit

    A Delaware vice chancellor has dismissed, with prejudice, a stockholder lawsuit seeking to block new "highly dilutive" borrowing from the top lenders and shareholders of international student loan provider MPower Financing PBC, finding that the statutory safe harbor provision of Delaware corporation law protects the transaction, which will hand control of the company to two hedge funds.

  • July 30, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    An affiliate of American Efficient sued another organization in a bid to claw back about $10.2 million in Chapter 11, a Texas federal judge shot down an appeal stemming from auto parts company First Brands' bankruptcy and Sidley Austin LLP argued it was eligible to represent Genesis Healthcare.

  • July 30, 2026

    Bankruptcies Rise In 2026 As Small Biz, Consumers Seek Help

    U.S. bankruptcy filings were up more than 12% in the last 12 months, with a 50% surge in small business filings, approaching pre-pandemic levels as both consumers and businesses face what some experts said is a squeeze from multiple economic directions.

  • July 30, 2026

    FTX Deal Would Route $160M To Victims Of Korean Fraudster

    The FTX Recovery Trust asked a Delaware bankruptcy judge to greenlight a settlement with the foreign representative of Junho Bang, a Korean citizen jailed over cryptocurrency fraud, that would return more than $160 million to the fraudster's victims.

  • July 30, 2026

    Freedom Forever Cancels Sale After CEO Offer Fails

    Bankrupt solar power company Freedom Forever on Thursday canceled a sale hearing for its assets after its CEO's bid failed to pass muster with the creditors committee, leaving the debtor's future uncertain as it is slated to run out of funding Friday.

  • July 30, 2026

    Yellow Corp. Ex-Workers Sue Over SSN Breach, Notice Delay

    A group of former Yellow Corp. workers on Thursday sued the defunct trucking giant and its liquidating trustee, alleging their personal information was exposed in a data breach last year and that the debtor waited 15 months to disclose it.

  • July 30, 2026

    Exec Who Tried To Buy English Soccer Club Denies Fraud Rap

    A Florida executive who once tried to buy England's Everton soccer club on Thursday denied new charges accusing him of engaging in a $500 million fraud on lenders, before the judge hearing his case declined to adjourn his October trial. 

  • July 30, 2026

    Spirit Lands $88M Stalking Horse For Corporate HQ

    Bankrupt budget air carrier Spirit Airlines has announced it has secured an $88 million baseline bid for its corporate campus in Florida.

  • July 30, 2026

    Simpson Thacher Trial Hears Of 'Grave Risk' In PIPE Deals

    An attorney who is an expert in private investment in public equity transactions told a Florida jury hearing a malpractice case against Simpson Thacher & Bartlett LLP on Thursday that companies that enter into an agreement similar to the one Patriot National Inc. did take on "grave risk."

  • July 30, 2026

    Ex-NY Bankruptcy Judge Robert Drain Joins M3 Partners

    Robert Drain, the former Southern District of New York bankruptcy judge who oversaw Purdue Pharma's Chapter 11 case, will serve as a senior adviser and head of fiduciary services at M3 Partners, the restructuring consulting firm announced Thursday.

  • July 30, 2026

    Apple Tree Gets $4M For Biotech Cos. As Managers Take Over

    A Delaware bankruptcy judge on Thursday approved biotechnology investor Apple Tree Life Sciences Inc.'s bid to deploy another $4 million in Chapter 11 to support its portfolio companies, after the debtor and its new independent directors reached a deal on the interim funding.

  • July 29, 2026

    DOJ Probing Brothers Who Ran Summer Camp Empire

    A federal grand jury is investigating the bankrupt summer camp operator SIMAD Holdings, its controlling shareholders and related entities, and the company has received a demand to produce documents as part of the probe, according to a notice filed with the Tel Aviv Stock Exchange.

  • July 29, 2026

    MF Global Proposes Complex Plan To Speed Ch. 11 Payments

    Reorganized commodities brokerage MF Global proposed a multistep restructuring process that it says will help speed up and increase recoveries due to unsecured creditors nearly 13 years after a New York bankruptcy court confirmed its Chapter 11 plan of liquidation.

  • July 29, 2026

    Grupo Antolin Noteholders Seek Ch. 15 Toss Or Transfer

    Objecting noteholders have told a New York bankruptcy judge that the Chapter 15 cases of U.S. affiliates of Spanish auto parts maker Grupo Antolin violate U.S. bankruptcy principles and should be thrown out, while additionally arguing the cases should be transferred to Michigan if they are not dismissed.

  • July 29, 2026

    Sleep Number Can Keep $1.8M Employee Retention Promise

    A New York bankruptcy judge has overruled the objection from the U.S. Trustee to the employee retention plan from Sleep Number, finding that the employees aren't insiders, that the risk of them leaving was real and that it would be unfair to renege on promises to the workers.

  • July 29, 2026

    Buchalter Taps Longtime Atty To Lead San Francisco Office

    Buchalter PC announced that a longtime bankruptcy attorney who previously served on the firm's board of directors has been named managing partner of its San Francisco office.

  • July 29, 2026

    Meet The Attys In IT Co. TPx Communications' $1.1B Ch. 11

    Technology and cybersecurity services group TPx Communications has tapped lawyers from Sidley Austin LLP to assist the debtor as it seeks to address some $1.1 billion in debt through Chapter 11.

  • July 29, 2026

    Baker Donelson Adds Winstead Bankruptcy Pro In Houston

    Baker Donelson Bearman Caldwell & Berkowitz PC has fortified its bankruptcy practice with a Houston-based shareholder who came aboard from Winstead PC.

  • July 29, 2026

    Lending Firm YSA Hits Ch. 11 With Over $500M In Debt

    YSA Investments 1, a private lender and asset management company, has filed for Chapter 11 protection in Delaware bankruptcy court with more than $500 million in debt.

  • July 28, 2026

    Alkegen Can Draw On Ch. 11 Financing In Prepack Case

    Bankrupt specialty materials maker Alkegen received permission Tuesday from a Texas judge to access part of a $630 million bankruptcy loan from existing lenders after opposition over the size of the interim package was overruled.

  • July 28, 2026

    Linqto Puts Off Trustee Hearing While Pursuing Resolution

    Investment platform Linqto and its unsecured creditors committee got a hearing delayed in their lawsuit against the debtor's liquidating trustee, after telling a judge Tuesday the parties were working on a resolution.

  • July 28, 2026

    Trinseo Creditors Seek To End Co.'s Ch. 11 Control

    A minority term lender group in Trinseo PLC's Chapter 11 case is asking a Texas bankruptcy judge to let it seek approval for its own reorganization plan for the plastic maker, saying the debtor's prearranged plan is unfair to them and that their alternative was never considered.

Expert Analysis

  • Bar Exam Reform Must Expand Beyond A Single Updated Test

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    Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.

  • Asbestos Trusts And Tort Litigation Are Still Not Aligned

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    A recent ruling by a New York state court in James Petro v. Aerco International highlights the inefficiencies that still exist in asbestos litigation — especially regarding the continued lack of coordination between the asbestos tort system and the well-funded asbestos trust compensation system, says Peter Kelso at Roux.

  • The Legal Education Status Quo Is No Longer Tenable

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    As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

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    In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.

  • Section 1983 Has Promise After End Of Nationwide Injunctions

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    After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.

  • Law School's Missed Lessons: Learning From Failure

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    While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.

  • Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • Special Committees Gain Traction In Chapter 11 Investigations

    Excerpt from Practical Guidance
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    Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.

  • Law School's Missed Lessons: Navigating Client Trauma

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    Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.

  • 4 Former Justices Would Likely Frown On Litigation Funding

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    As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • Playing The Violin Makes Me A Better Lawyer

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    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

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