Large Cap

  • June 04, 2026

    QVC Defends Ch. 11 Plan Against Shareholder Objection

    QVC Group Inc. defended its Chapter 11 plan at the beginning of a multiday confirmation hearing, calling it the result of a robust, good-faith process and arguing that a competing proposal from objecting preferred shareholders would lead to years of litigation.

  • June 04, 2026

    Rusoro Says Gold Reserve Can't Blame It For Failed Citgo Bid

    Rusoro Mining Ltd. urged the Delaware Chancery Court on Thursday to dismiss Gold Reserve Ltd.'s lawsuit over a failed bid for Citgo Petroleum Corp.'s parent company, arguing the case is an improper attempt to interfere with a federal court auction that already ended with the approval of a competing bid.

  • June 04, 2026

    2nd Circ. Rejects Bid To Rehear $16B YPF Argentina Ruling

    The Second Circuit will not review its decision this year reversing a New York judge's $16 billion judgment against Argentina arising from its nationalization of YPF SA, the country's largest oil and gas exploration company, despite arguments that the ruling was "profoundly misguided."

  • June 04, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The Sixth Circuit has ruled that a property title transferred to a Michigan taxing authority can be clawed back in a homeowner's Chapter 13 case, the Eleventh Circuit backed consolidation of four nondebtors into a business' pending Chapter 7 bankruptcy, and the U.S. Department of Justice's bankruptcy watchdog argued third-party releases make luxury retailer Saks' Chapter 11 plan unconfirmable.

  • June 04, 2026

    Lender Says Parts Of First Brands Should Stay In Ch. 11

    A First Brands Group lender asked a Texas bankruptcy judge to exclude a group of First Brands affiliates from the U.S. Trustee's Office's motion to dismiss the group's Chapter 11 case, saying those entities have legal claims that are a path to paying off their debts.

  • June 04, 2026

    Meet The Attys Fortifying Fortress Energy Units' Ch. 15 Bid

    Two New Fortress Energy affiliates have hired a small army of attorneys from Skadden Arps Slate Meagher & Flom LLP to strategize the path to U.S. recognition of debtors' efforts to restructure in the English courts by exchanging nearly $8.1 billion in debt for equity and spinning off the Brazilian affiliate.

  • June 04, 2026

    Polsinelli Elevates Health Atty To Lead Atlanta Office

    Polsinelli PC has named the leader of its national distressed healthcare practice to take the helm of the firm's Atlanta office, succeeding an attorney who will continue leading the firm's technology transactions and data privacy practice.

  • June 04, 2026

    Robinson & Cole Adds 4 Partners In DC, Del., Conn.

    Robinson & Cole LLP recently added four partners — two in Washington, D.C., and others in Connecticut and Delaware — to bolster its capacity to handle bankruptcy matters and business litigation.

  • June 04, 2026

    Quintairos Prieto Enters Del. With Former Lewis Brisbois Attys

    Quintairos Prieto Wood & Boyer PA has launched a Delaware office by bringing on two former Lewis Brisbois Bisgaard & Smith LLP attorneys, including one who most recently operated his own firm, to field a new national business and commercial litigation practice group.

  • June 03, 2026

    Years Later, Boy Scouts Abuse Claimants Still Have Questions

    Three months after the closure of Boy Scouts of America's bankruptcy case, the settlement trust that the debtor set up for abuse claimants is fielding more claimant questions than ever, according to the U.S. Trustee's Office, which is asking that the organization hold a status conference to provide clarity.

  • June 03, 2026

    Funder Must Pick Role In VC Apple Tree Ch. 11

    An investment trust that once provided the majority of Apple Tree Life Sciences' funding must choose between bidding on exit financing that would fund Apple Tree's restructuring plan or serving as a consultation party, a Delaware bankruptcy judge said Wednesday.

  • June 03, 2026

    Bankrupt Hospital Can't Exit $3B BCBS Antitrust Deal

    A bankrupt Alabama hospital with "settler's remorse" can't bail on a multibillion-dollar antitrust settlement with Blue Cross Blue Shield, a federal judge ruled Tuesday.

  • June 03, 2026

    Foley & Lardner Malpractice Suit Eyes Bankruptcy Venue Fate

    A Delaware bankruptcy judge said on Wednesday that he will rule as promptly as possible on a dispute about whether he should retain jurisdiction over a malpractice suit against Foley & Lardner LLP or send it back to state court.

  • June 03, 2026

    Purdue Pharma Heir Sues Son Over Sackler Matriarch's Estate

    Former Purdue Pharma LP President Richard Sackler has appealed a Connecticut probate court decision favoring his son David Sackler in a dispute over his mother Beverly Sackler's estate, saying a judge ignored self-dealing rules when approving his son's request to assign trust interests to a public charity.

  • June 03, 2026

    Oakland Diocese Creditors Want To See Ch. 11 Vote Records

    Unsecured creditors of the Roman Catholic Diocese of Oakland urged a California bankruptcy judge to make the debtor hand over documents related to certain creditors, including communications and plan ballots, claiming the diocese has refused to do so thus far.

  • June 03, 2026

    Genesis Healthcare Claimants Take Ch. 11 Appeal To 5th Circ.

    Claimants of Genesis Healthcare have appealed a Texas federal judge's order that tossed their challenge to the debtor's procedures for dealing with personal injury and wrongful death claims, asking the Fifth Circuit to take up their case after the district court ruled that they sought relief in the wrong forum.

  • June 03, 2026

    Sidley Promotes 52 Attys After Adding Income Partner Tier

    Sidley Austin LLP has elevated 52 attorneys to partner from 11 offices in 23 practice areas.

  • June 02, 2026

    Del Monte Minority Lenders Lose Bid To Pause Ch. 11 Plan

    A New Jersey bankruptcy judge Tuesday denied a Del Monte lender group's request to stay his order confirming the canned food company's Chapter 11 plan, finding the lenders had not shown they were likely to succeed on appeal.

  • June 02, 2026

    Meet The Attys In Plastics Co. Trinseo's Ch. 11

    A team of attorneys from Hunton Andrews Kurth LLP and Latham & Watkins LLP is counseling bankrupt plastics company Trinseo PLC through its prepackaged restructuring proposal.

  • June 02, 2026

    WARN Act Plaintiffs Vie For Control In First Brands Ch. 11

    Attorneys representing two groups of employees terminated by bankrupt auto parts maker First Brands Group asked to be put in control of mass termination litigation against the company, each saying on Tuesday that they have the necessary experience to guide the cases toward class certification.

  • June 02, 2026

    QVC Shareholders Renew Bid To Block Debtor's Ch. 11 Plan

    QVC Group Inc.'s preferred shareholders have filed a reply in support of their motion to terminate the debtor's exclusivity rights in Chapter 11, telling a Texas bankruptcy judge that QVC's reorganization plan includes a settlement that "systemically infects and dooms" the bankruptcy proposal.

  • June 02, 2026

    Catching Up With New Bankruptcy Case Action

    Affiliates of New Fortress Energy asked a U.S. court to recognize their bankruptcies in the U.K. Polish subsidiaries of alternative energy investment company GoldenPeaks Capital began a Chapter 11 proceeding. And an artificial intelligence-enabled voice generating software company entered Chapter 7.

  • June 01, 2026

    Endo Trust's $4B Claim Vs. TPG Units Survives Dismissal Bid

    Affiliates of TPG Capital must face a lawsuit seeking to claw back $4.1 billion they made from the sale of a generic opioid manufacturer to Endo International PLC, whose trustee has alleged it did not receive reasonably equivalent value in the deal.

  • June 01, 2026

    Fat Brands Clears Hurdle To Pitch Post-Sale Ch. 11 Plan

    A Texas bankruptcy judge granted conditional approval for the disclosure statement of Fat Brands' Chapter 11 plan, allowing the chain restaurant operator to seek creditor votes on its post-sale liquidation plan.

  • June 01, 2026

    Azul Wants Creditors Blocked In Brazil With Ch. 11 Plan

    Reorganized debtor airline Azul SA asked a New York bankruptcy judge to shut down collection efforts in Brazil by two of its creditors, saying their claims were discharged under the Chapter 11 plan approved last year.

Expert Analysis

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

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    The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • $2B PDVSA Ruling Offers Insight Into Foreign-Issued Debt

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    A New York federal court's recent decision denying a request by PDVSA, Venezuela's state-owned oil company, to refuse enforcement of $2 billion in defaulted bonds serves as a guide for the scope of review required in assessing the validity of foreign-issued securities with New York choice-of-law provisions, say attorneys at Cleary.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

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    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

  • What Insurers Must Know When Insureds File For Bankruptcy

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    With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting themselves with key procedural details of the bankruptcy process, say attorneys at McDermott.

  • SDNY OpenAI Order Clarifies Preservation Standards For AI

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    The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.

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