Large Cap

  • August 25, 2026

    Catching Up With New Bankruptcy Case Action

    BFG Supply, a major distributor of horticultural products, filed for Chapter 11 with $100 million to $500 million in liabilities and plans to sell its assets. Houston-based Galindo Law Firm filed for bankruptcy amid a $9.5 million fee dispute tied to the Camp Lejeune litigation. And World Group Import, an e-commerce supplier to Amazon, filed for Chapter 11, citing tariffs, litigation costs and supply chain disruptions.

  • August 24, 2026

    Spirit Data Sale To Google Draws Objection From Springshot

    Software company Springshot Inc. has filed a limited objection to the $10 million sale of Spirit Aviation Holdings' business data to Google LLC for artificial intelligence training, saying some of the data being sold could potentially constitute Springshot's intellectual property.

  • August 24, 2026

    2nd Circ. Says Nielsen Unbundling Order Starts Tuesday

    The Second Circuit has declared that the preliminary injunction blocking Nielsen from making Cumulus Media buy its local offerings to gain access to its national radio ratings data will go into effect Tuesday.

  • August 24, 2026

    Attys Ask Court To Toss Suit Alleging They Stole 1,000 Cases

    Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that brought the suit failed to plead a viable RICO claim.

  • August 24, 2026

    EPA, States Defend Cleanup Deal In Talc Co. Whittaker Ch. 11

    The government, joined by California and Montana, is defending a proposed settlement in former talc supplier Whittaker Clark's New Jersey Chapter 11 case, saying a group of personal injury creditors' objection mischaracterized the $16.5 million deal.

  • August 24, 2026

    Invitae, Class Plaintiff Trade Blows Over Genetic Data In Ch. 11

    Genetic testing company Invitae Corp. and the Illinois parent of one of its customers are facing off in the company's bankruptcy case, dueling over the future of the parent's lawsuit claiming the company unlawfully disclosed its patients' genetic information.

  • August 24, 2026

    US Trustee Wants Examiner In Hughes Satellite's Ch. 11

    The U.S. Trustee's Office on Monday urged a Texas bankruptcy judge to appoint an examiner in the Chapter 11 case of Hughes Satellite Systems Corp., saying the debtor needs an independent official to look into "questionable" prepetition deals by Hughes' parent EchoStar.

  • August 24, 2026

    Google Wins Spirit Data Bid, Cumulus Gets OK On Transfers

    Google won an auction for Spirit Airlines' business data but is facing objections from employees, federal regulators cleared Cumulus Media to transfer its radio stations to lenders, and Georgia-Pacific's asbestos spinoff will not be getting a Chapter 11 trustee.

  • August 24, 2026

    First Brands Judge Rejects Ch. 11 Plan, Swaps Case To Ch. 7

    A Texas bankruptcy judge on Monday rejected First Brands Group's Chapter 11 plan and converted its case to a Chapter 7 liquidation, ruling that the company's bid to pay administrative creditors from the proceeds of future litigation was not feasible.

  • August 24, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.

  • August 21, 2026

    Ambipar Asks To Switch Restructuring Focus To Brazil

    Brazilian conglomerate Ambipar Group on Friday asked a Texas bankruptcy judge to suspend the Chapter 11 bankruptcy of its Texas oilfield emergency response business and instead switch the focus of the case to a proposed restructuring in Brazil.

  • August 21, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Texas bankruptcy court will rule on whether to confirm car parts giant First Brands' contested Chapter 11 plan. Insurance group Hallmark Financial Services and a Polish solar energy project investor will ask bankruptcy judges to confirm their Chapter 11 plans. And a life sciences group will urge a court to halt pending litigation in the Cayman Islands.

  • August 21, 2026

    Meet The Attys Advising TPx's Creditors Committee, Lenders

    Attorneys from DLA Piper are representing the official committee of unsecured creditors of information technology services provider TPx Communications, while attorneys from Haynes Boone and Davis Polk & Wardwell LLP represent an ad hoc group of lenders, as the company seeks to address roughly $1.1 billion in debt through Chapter 11.

  • August 21, 2026

    Texas Panel Cuts $45M Sandy Hook Ruling Against Alex Jones

    A Texas state appellate court Friday slashed a $45 million damages award against right-wing conspiracy theorist Alex Jones in a defamation trial brought by parents of a Sandy Hook shooting victim, saying the family did not meet the legal standard to exceed the state's damages cap.

  • August 21, 2026

    Porzio Bromberg Keeps Up Momentum In Puerto Rico Growth

    New Jersey-based Porzio Bromberg & Newman PC has continued its expansion in Puerto Rico with the hire of a bankruptcy and financial restructuring attorney based in San Juan.

  • August 21, 2026

    FCC License Transfer OK Opens Ch. 11 Exit Door For Cumulus

    The Federal Communications Commission has paved the way for broadcasting company Cumulus Media to exit Chapter 11, granting its application to transfer control of the radio giant's licenses to its new shareholders.

  • August 21, 2026

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

    The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys file a contract claim against two of its previous clients in the Middle East.

  • August 20, 2026

    J&J Talc Unit Loses Libel Suit Over Flawed Cancer Study

    A Virginia federal judge handed three doctors a win Wednesday in a Johnson & Johnson subsidiary's libel lawsuit over a 2020 study linking cosmetic talc exposure to mesothelioma, finding the subsidiary's evidence didn't show the trio knowingly or recklessly published falsehoods and instead merely revealed the doctors' "fear of litigation."

  • August 20, 2026

    Asbestos Spinoff Bestwall Avoids Ch. 11 Trustee Takeover

    A bankruptcy judge in North Carolina won't appoint an independent trustee to take over the Chapter 11 case of Georgia-Pacific spinoff Bestwall, dealing a blow to a group of mesothelioma patients who argued a trustee might expedite the settlement process.

  • August 20, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The ousted CEO of an aquatic park operator made a bid to block an asset sale, real estate company Simry contended with a motion to dismiss its Chapter 11 from one of the business' controlling family members, and Burger King sued a bankrupt ex-franchisee for allegedly continuing to operate rogue locations without paying for intellectual property.

  • August 20, 2026

    777 Partners Can Tap DIP, But Competing Offers Remain

    Investment firm 777 Partners received interim approval to access $600,000 in debtor-in-possession financing Thursday, but a Texas bankruptcy judge reserved a decision on who would be providing the remaining $8 million of loans for a future hearing.

  • August 20, 2026

    Raizen Seeks NY Court's OK On $12B Brazilian Restructuring

    Brazilian energy company Raizen SA is preparing to seek a New York bankruptcy judge's approval of its more than $12 billion restructuring, saying in a motion this week that the Shell-supported plan will let it remain in business and preserve thousands of jobs across multiple countries.

  • August 20, 2026

    American Efficient Asks Court To Sanction Grid Operator

    North Carolina-based energy efficiency aggregator American Efficient asked the bankruptcy judge overseeing its Chapter 11 case in the state to sanction grid operator PJM Interconnection LLC for withholding roughly $824,000 in interest on a deposit.

  • August 20, 2026

    Australia Endo Mesh Trust Plaintiffs Lose Injunction Bid

    A group of about 6,000 Australian claimants can't stop a post-confirmation Endo International trust from distributing $2 million to women who said they were injured by defective vaginal mesh products, a New York bankruptcy judge has ruled, finding that the trust reasonably required Health Insurance Portability and Accountability Act releases.

  • August 20, 2026

    5 Bankruptcy Attys Join GrayRobinson From Fla. Boutique

    GrayRobinson PA announced Thursday that a team of five bankruptcy attorneys, including three shareholders, has joined the firm's Boca Raton, Florida, office from a recently shuttered boutique.

Expert Analysis

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • GCs Can Read Debt Cycles To Spot Risk, Opportunity

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    With the conflict in Iran among many other factors that are further unsettling the geopolitical and economic environment, general counsel who understand credit risk and the debt cycle can offer a significant competitive advantage to help companies mitigate enterprise risk, says Samuel Keltner at Akin.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Judge-Led Bankruptcy Mediation Can Be The Best Option

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    Despite industry scrutiny of U.S. Bankruptcy Judge Michael Kaplan's recent decision to mediate the Multi-Color Chapter 11 case over which he was presiding, there is no single federal decision holding flatly against this, and, in the right circumstances, it may even be the best option, says Kenneth Rosen at Ken Rosen Advisors.

  • Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    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

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    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

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    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
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    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

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    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

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    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

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    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

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    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.

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