Large Cap

  • November 26, 2025

    Ex-Media Exec Launches Counter Fees Bid In Severance Fight

    A former media executive is pushing back on Morgan Lewis & Bockius LLP's demand for more than $500,000 in legal fees, arguing that a New Jersey federal court should instead award him more than $600,000 in fees because he is actually the prevailing party in a suit against his former employer over severance pay.

  • November 25, 2025

    New Complaint Says Ex-Execs Turned Steward Into 'Zombie'

    Bankrupt hospital operator Steward Health has filed hundreds of millions in new claims in Texas bankruptcy court against its former CEO and other executives, including allegations that they orchestrated a sale-leaseback deal that rendered the business an insolvent "zombie."

  • November 25, 2025

    Nicklaus Golf Co. Gets OK For $10M Ch. 11 Loan

    A Delaware bankruptcy judge Tuesday gave sporting gear and golf course design company Nicklaus Cos. permission to tap $10 million in Chapter 11 financing, even though counsel for founder and pro golf legend Jack Nicklaus said he was disputing the bulk of the company's debts.

  • November 25, 2025

    Catching Up With New Bankruptcy Case Action

    National home goods retailer American Signature Furniture filed for Chapter 11 after seeing a slump in sales compounded by macroeconomic conditions. A Canadian oil and natural gas driller asked for Chapter 15 recognition of its restructuring efforts. And two pharmaceutical developers filed for bankruptcy, with one looking to hold a Chapter 11 sale of its assets and the other eyeing a Chapter 7 liquidation.

  • November 25, 2025

    Spirit Airlines Seeks More Time To File Ch. 11 Plan

    Spirit Aviation Holdings has asked a New York bankruptcy court for an extension of its exclusive rights to file and solicit votes on a Chapter 11 plan, saying it has already made significant progress in the proceedings but needs more time to continue negotiations with creditors.

  • November 25, 2025

    Delaware Judge Accepts $5.89B Bid For Control Of Citgo

    A Delaware federal judge on Tuesday approved a $5.892 billion bid from hedge fund Elliott Investment Management LP to purchase shares in Citgo's parent company and satisfy billions of dollars' worth of Venezuelan debt, moving a step closer to ending the long-delayed sale.

  • November 25, 2025

    Rite Aid Resolves Remaining Dispute With US Trustee

    Drugstore chain Rite Aid resolved a remaining disagreement with the U.S. Trustee's Office related to the debtor's Chapter 11 plan, bringing it one step closer to confirmation.

  • November 24, 2025

    Rite Aid's Ch. 11 Plan Advances Over US Trustee Objection

    A New Jersey bankruptcy judge said he would confirm the Chapter 11 plan of drug store chain Rite Aid after overruling the U.S. Trustee's objection to the opt-out mechanism for obtaining creditor support for third-party releases.

  • November 24, 2025

    First Brands Seeks OK To Lend $45M To Nonbankrupt Unit

    Auto parts company First Brands Group urged a Texas federal judge to let it lend $45 million in Chapter 11 financing to a foreign affiliate that isn't in bankruptcy, saying the business needs immediate funding to avoid becoming insolvent.

  • November 24, 2025

    Tucker Arensberg Promotes 4 In Pittsburgh, Harrisburg

    Four attorneys at Tucker Arensberg PC's offices in Pittsburgh and Harrisburg, Pennsylvania, have new titles attached to their names after the firm recently elected two of them to shareholders and two to senior counsel.

  • November 24, 2025

    Judge Sets Wed. Deadline For Oakland Diocese Plan Proposal

    A California bankruptcy judge has told the Roman Catholic Diocese of Oakland it has until the end of the day Wednesday to submit a term sheet for a plan to settle with childhood sexual abuse claimants and end its Chapter 11 case.

  • November 24, 2025

    Meet The Attys Guiding Jack Nicklaus' Former Co. In Ch. 11

    A team of lawyers from Weil Gotshal & Manges LLP and Richards Layton & Finger PA is advising Nicklaus Companies LLC, the sporting gear and golf course design company founded by legend Jack Nicklaus, in its Chapter 11 case in Delaware.

  • November 24, 2025

    Judge Explains OK For Purdue Ch. 11, Yellow Plan Confirmed

    A judge provided his reasons for approving Purdue's revised Chapter 11 plan, and Yellow Corp. and business internet service provider Everstream Solutions both obtained confirmation for their bankruptcy plans.

  • November 24, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week delivered a packed mix of fraud allegations, merger fallout, corporate-governance reforms and jurisdictional fights, while a new academic report ignited debate over attorney fee awards in Delaware's influential corporate forum.

  • November 24, 2025

    Judge Dismisses $15M In Alleged Fraudulent FTX Loan Claims

    A Delaware bankruptcy judge on Monday dismissed just over $15 million in claims against the FTX wind-down trust after trust counsel said the claimants had filed forged documents to back their claims they had loaned money to an affiliate of the defunct cryptocurrency exchange.

  • November 24, 2025

    Justices Won't Hear Dispute Over So-Called Ch. 11 Double Dip

    The U.S. Supreme Court on Monday said it will not hear arguments on whether a Texas bankruptcy judge allowed unsecured creditors to double-dip on their recoveries when he handed them control of bankrupt oil driller Sanchez Energy.

  • November 21, 2025

    Texas Judge OKs $50M Sale For EdTech Co. In Ch. 11

    A Texas bankruptcy judge Friday approved the sale of Anthology Inc.'s assets to a fellow educational technology company for $50 million.

  • November 21, 2025

    Rite Aid Teed Up In NJ For Next Test Of Ch. 11 Release Ban

    Rite Aid will try to get confirmation of a Chapter 11 plan Monday that calls for an orderly wind-down of much of the 63-year-old pharmacy chain, but it is facing pushback on its liability waivers in what will be another test of the U.S. Supreme Court's 2024 Purdue decision, which limited nonconsensual third-party releases.

  • November 21, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Rite Aid will head to court to seek approval of its second reorganization plan in one year and justify its third-party releases in the aftermath of the U.S. Supreme Court's Purdue decision. Film production company Village Roadshow is scheduled for a hearing where it will fight a bid to stop its asset sale. And electric-truck maker Nikola is expected to attempt to collect the proceeds of an auction.

  • November 21, 2025

    Byju's Founder Hit With $1B Judgment Over Missing Funds

    A Delaware bankruptcy judge has issued an over $1 billion default judgment against the founder of Indian tech giant Byju's, saying the extreme award was justified by months of willfully thwarting attempts to trace funds missing from a bankrupt Byju's subsidiary.

  • November 21, 2025

    Rusoro Accuses Gold Reserve Of Trying To Hinder Citgo Sale

    Rusoro Mining has accused Gold Reserve, a fellow creditor of Venezuela, of trying to undermine an auction process in Delaware federal court for Citgo Petroleum Corp.'s parent company "in any manner possible, and at any cost."

  • November 21, 2025

    'No Evidence' New Info Backs J&J Unit's Libel Suit, Court Told

    A doctor being sued by Johnson & Johnson's bankrupt talc subsidiary pushed back on the unit's bid to revive its trade libel claim over a scientific article she wrote linking asbestos in talc to mesothelioma, arguing it failed to cite any evidence that undermines the court's finding that the article was a nonactionable statement of scientific opinion.

  • November 21, 2025

    Modivcare, Creditors Near Contested Ch. 11 Plan Hearing

    Healthcare services and technology group Modivcare is gearing up for a contentious December Chapter 11 plan confirmation hearing in Texas, where it faces unsecured creditors' objection to a $1 billion debt-for-equity swap deal.

  • November 21, 2025

    Nicklaus' Golf Cos. File Ch. 11 With $500M+ Liabilities

    Nicklaus Companies LLC, the sporting gear and golf course design company founded by legend Jack Nicklaus, and 11 affiliates filed for bankruptcy in Delaware on Friday, as it disputes a $50 million jury award in favor of the 85-year-old retired golfer in his defamation suit against the company.

  • November 21, 2025

    3rd Circ. Rejects Boy Scout Abuse Claimants' Fee Requests

    The Third Circuit on Friday backed the denial of $21 million in counsel fees to the Coalition of Abused Scouts for Justice as tort claimants in the Boy Scouts of America's bankruptcy case, ruling that the organization was not a creditor entitled to recoup money from the estate.

Expert Analysis

  • Performing Stand-Up Comedy Makes Me A Better Lawyer

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    Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.

  • 3 Del. Bankruptcy Cases Highlight US Trustee Objections

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    As three recent Delaware bankruptcy cases show, debtors who seek approval of a stalking horse bid protections agreement should be prepared for the U.S. Trustee Office's objections, including if the proposed classification for the bid protections is a superpriority administrative expense claim, says Kyle Arendsen at Squire Patton.

  • Adapting To Private Practice: From SEC To BigLaw

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    As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.

  • 4 Ways Women Attorneys Can Build A Legal Legacy

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    This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.

  • A Judge's Pointers For Adding Spice To Dry Legal Writing

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    U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.

  • Lessons Learned From SAS' Flight Through Chapter 11

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    Scandinavia's SAS is the first European airline to find its wings through the U.S. Chapter 11 process since COVID-19 rocked the aviation industry — and while the process involved some familiar steps, certain complex jurisdictional issues and non-U.S. stakeholders required the carrier to venture into uncharted airspace, says Emily Hong at Norton Rose.

  • Bankruptcy Ruling Provides Guidance On 363 Asset Sales

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    HE v. Avadim Holdings, a recent ruling from the District of Delaware, underscores the principle that rejection of executory contracts does not unwind completed transfers of property and the importance of clear and precise language in sale orders and asset purchase agreements in bankruptcy cases, say attorneys at Eversheds Sutherland.

  • 7 Tips For Associates To Thrive In Hybrid Work Environments

    Excerpt from Practical Guidance
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    As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.

  • Playing Beach Volleyball Makes Me A Better Lawyer

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    My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.

  • Terraform Case May Be Bellwether For Crypto Enforcement

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    The prosecution of crypto company Terraform Labs and its CEO, Do Kwon, offers a unique test of the line between lawful and unlawful conduct in digital transactions, and the Trump administration’s posture toward the case will provide clues about its cryptocurrency enforcement agenda in the years to come, say attorneys at Brooks Pierce.

  • How Law Firms Can Counteract The Loneliness Epidemic

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    The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.

  • 5 Keys To Building Stronger Attorney-Client Relationships

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    Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.

  • How Courts Can Filter Nonmeritorious Claims In Mass Torts

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    Nonmeritorious claims have been a key obstacle to settlement in many recent high-profile mass torts, but courts may be able to use tools they already have to solve this problem, says Samir Parikh at Wake Forest University.

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