Large Cap

  • October 23, 2026

    Grid Operator Defeats American Efficient's Ch. 11 Sanction Bid

    A North Carolina bankruptcy judge on Friday denied energy aggregator American Efficient's requested sanctions against PJM Interconnection, saying the power grid operator's refusal to hand over $800,000 in post-petition interest is not an automatic stay violation.

  • October 23, 2026

    Term Lender Raises Concerns About Brightline Ch. 11 Loan

    A term loan lender in the Chapter 11 case of Florida regional rail company Brightline Holdings has raised concerns about the unusual postpetition lending package in the bankruptcy, contending creditors should be informed about how the financing flows to the debtors and about changes to a cap on funds made available to them.

  • October 23, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Two Catholic dioceses will have their Chapter 11 plans before bankruptcy judges, a Brazilian construction conglomerate will be seeking U.S. recognition of its $555 million reorganization and a liquor distributor will be seeking approval for its wind-down plan.

  • October 23, 2026

    Judge OKs Whittaker's $535M Deal, Environmental Settlement

    A New Jersey bankruptcy judge approved a $535 million global settlement resolving estate claims tied to former talc supplier Whittaker Clark & Daniels Inc., a victory for corporate parent Berkshire Hathaway and chemical giant Brenntag that extinguishes successor liability claims some estimated to be worth billions of dollars.

  • October 23, 2026

    Four-Part Test Reshapes Postconfirmation Jurisdiction

    Restructuring professionals are rethinking how they put together Chapter 11 plans in the wake of a Delaware judge's recent decision on when a bankruptcy court retains jurisdiction after confirmation, as they may no longer be able to rely on boilerplate retention language.

  • October 23, 2026

    Papaya Must Freeze US Funds Amid Israeli Case, Judge Rules

    A Delaware bankruptcy judge Friday agreed to grant Chapter 15 recognition of Papaya Gaming Ltd.'s insolvency proceeding in Israel but ordered the debtor to freeze funds in its U.S. bank accounts in light of an earlier, more than $70 million transfer that the judge said "clearly prejudiced" creditor Skillz Platform.

  • October 22, 2026

    Reed Smith Seeks 2nd Circ. Emergency Stay In Eletson Row

    Reed Smith urged the Second Circuit in an emergency motion to pause lower court decisions requiring the firm to turn over client files related to shipping company Eletson, saying the courts have "presumed the outcome" of a bankruptcy appeal before scheduled December oral arguments.

  • October 22, 2026

    Getty Images Gets $85M DIP As Ch. 11 Case Kicks Off

    Getty Images secured a Delaware bankruptcy judge's approval on Thursday to borrow $85 million in Chapter 11 financing from a Koch family affiliate, funds it will direct to senior lenders and use to support its business during the bankruptcy case.

  • October 22, 2026

    Linqto Can Swap Forge For Kroll Trustee After Standoff

    Investment platform Linqto can switch its liquidating trustee to a subsidiary of Kroll LLC, a Texas bankruptcy judge said Thursday, after the debtor sued to force Forge Global Holdings to perform its duties under its Chapter 11 plan.

  • October 22, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The long-running bankruptcy of an Irish real estate mogul is set to wrap up after 13 years and nearly $55 million in assets abandoned. A New Jersey judge said the sale of a trove of 80,000 pieces of audiovisual equipment for more than $2.5 million was null and void. And the liquidator of a company tied to a Ponzi scheme by Jason Nissen won one of 100 clawback actions.

  • October 22, 2026

    Purdue Trusts Say Sackler Bid Again Destabilizes Ch. 11 Plan

    The Purdue Pharma bankruptcy trust and trustees for some members of the Sackler family have filed separate documents in a New York bankruptcy court challenging moves they described as continued attempts by Richard S. Sackler and his wife, Lin Gao, to block parts of the drugmaker's bankruptcy plan.

  • October 22, 2026

    Southwest Pilots Oppose Spirit's $10M Ch. 11 Data Sale

    A union representing pilots at Southwest Airlines objected late Wednesday to the proposed $10 million sale of employee data by bankrupt airline Spirit Aviation, saying the deal would adversely affect flight crews by sharing training and employment information.

  • October 22, 2026

    Jackson Walker Hits Back At Fee Clawback Sanction Move

    Law firm Jackson Walker said Wednesday that it should not be sanctioned for failing to bring to a Texas federal judge's attention additional cases involving an undisclosed romantic relationship between a bankruptcy judge and one of its attorneys because the U.S. Trustee already investigated those cases and didn't take action.

  • October 22, 2026

    Philly-Based Weir Names New Managing Partner

    Philadelphia-based Weir LLP has shaken up its leadership team by naming a partner who has practiced at the firm for more than 25 years as its new managing partner.

  • October 22, 2026

    Republic National Scores Creditor Deal On Ch. 11 Plan

    Counsel for alcohol distributor Republic National told a Texas bankruptcy judge Thursday it has resolved creditor objections to its Chapter 11 liquidation plan and will be seeking the court's approval for the proposal next week.

  • October 21, 2026

    Guo Trustee Says No Circuit Split Threatens $24M Yacht Win

    A Chapter 11 trustee urged the U.S. Supreme Court on Wednesday to reject a bid by Chinese exile Miles Guo's daughter to undo rulings placing $24 million in yacht sale proceeds plus a $37 million escrow into the bankruptcy estate, disputing allegations that a circuit split warrants the justices' attention.

  • October 21, 2026

    3rd Circ. Questions Claims Of Bias In $6B Citgo Sale

    A Third Circuit panel appeared skeptical during more than two hours of oral arguments on Wednesday that an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of Venezuelan debt should be overturned because of the appearance of bias.

  • October 21, 2026

    Creditors File Involuntary Ch. 11 For Braskem's US FinCo

    Petitioners who say they hold $272 million of debt have filed an involuntary Chapter 11 petition against Braskem America Finance Co., an indirect subsidiary of Brazilian Chapter 15 debtor Braskem SA, after a Brazilian court decided to sever the Chapter 15 debtors from their Brazilian bankruptcy proceeding.

  • October 21, 2026

    First Brands Lenders Battle Over $21M In Alleged Collateral

    First Brands Group's bankruptcy lenders Wednesday urged a Texas bankruptcy judge to throw out a bid by Evolution Credit Partners to secure $21.2 million in sale proceeds that the inventory finance firm alleges constitutes its collateral.

  • October 21, 2026

    DLA Says Bankruptcy Court Can't Hear $19M Adversary Suit

    The federal government urged a Delaware bankruptcy court to dismiss an adversary action from Noble Supply & Logistics seeking roughly $19 million from the Defense Logistics Agency for goods and services the company said were delivered, arguing the court lacks jurisdiction.

  • October 21, 2026

    Real Estate Co. E-House Gets Ch. 15 Nod For Restructuring

    A New York bankruptcy judge Wednesday granted Chinese real estate services group E-House's Chapter 15 petition, recognizing a Cayman Island restructuring scheme giving creditors equity in the group.

  • October 21, 2026

    US Real Estate Distress Worsens As Healthcare Struggles

    Financial distress across the U.S. economy showed signs of easing in the third quarter of 2026, but the improvement was far from uniform. Real estate distress continued to deepen, particularly among smaller property owners, while healthcare distress remained elevated despite a sharp quarterly decline, according to a new report from law firm Polsinelli.

  • October 21, 2026

    Watchdog Can Pursue Jackson Walker Fees, Judge Says

    The U.S. Trustee's Office has standing to pursue millions of dollars in fees paid to Jackson Walker LLP in cases assigned to a judge who was in an undisclosed romantic relationship with one of the firm's ex-partners, a Texas bankruptcy court has concluded.

  • October 21, 2026

    Blank Rome Lands 4 Hogan Lovells Commodities Lawyers

    Blank Rome LLP has brought on a four-attorney, New York-based commodities team from Hogan Lovells Cadwalader that advises clients in the financial services and energy industries.

  • October 21, 2026

    BioXcel Gets Nod For $125M Bankruptcy Sale To Teva

    A Delaware bankruptcy judge Wednesday gave the OK to artificial intelligence-powered pharmaceutical group BioXcel to proceed with a $125 million sale to Israeli drugmaker Teva Pharmaceuticals, and allowed the debtor to send its Chapter 11 plan for a creditor vote.

Expert Analysis

  • Lessons For Banks When A Fintech Partner Fails

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    Recent fintech bankruptcies highlight best practices for how banks can strengthen third-party oversight, data-access rights, wind-down planning and customer communications to limit regulatory exposure and consumer harm when a fintech partner collapses, say attorneys at Barack Ferrazzano.

  • Voyager Ruling Maps Out Ch. 11 Exculpation Lessons

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    Chapter 11 plan proponents drafting exculpation provisions may benefit from contrasting the exculpatory language recently invalidated by a New York federal court in the Voyager Digital Holdings case with successful recent use of these provisions in confirmed bankruptcy plans, say attorneys at Debevoise.

  • Juggling And Unicycling Make Me A Better Lawyer

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    Because I juggle (sometimes with fire) and ride the unicycle, friends and family used to joke that I should join the circus, but I pursued the practice of law instead and learned that my hobbies benefit my profession in several important ways, says Morgan Eddy at Smith Currie.

  • SVB Parent's Claim Loss To FDIC Bears Bond Wording Lesson

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    A North Carolina federal court’s recent ruling that the Federal Deposit Insurance Corp., as receiver for the collapsed Silicon Valley Bank, solely owns a $73 million fraud claim illustrates why parent financial institutions should scrutinize joint assured provisions in fidelity bonds to prevent a failed subsidiary's covered losses going to a receiver, say attorneys at McGuireWoods.

  • Ballet Makes Me A Better Lawyer

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    A lifetime of learning and performing ballet taught me that success — whether in dance or practicing law — comes only through hours of thorough preparation, boundless energy and relentless effort, says Sharon Katz-Pearlman at Greenberg Traurig.

  • How Jackson Walker Settlement Will Affect Conflict Checks

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    Jackson Walker's recently filed $15 million settlement with the U.S. Trustee is effectively a contract between one firm and the government that will nevertheless serve as a template of conflict disclosure practices for all firms practicing in the bankruptcy courts, says attorney Ken Rosen.

  • Taekwondo Makes Me A Better Lawyer

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    Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

  • New Fortress Ch. 15 Adds Fuel To English Restructuring Trend

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    After New Fortress Energy recently became the third Nasdaq-listed company to successfully undertake an English restructuring plan and gain Chapter 15 recognition, U.S. debtors should not overlook this most recent of English exports as a highly effective tool for resolving balance sheet issues, say attorneys at Faegre Drinker.

  • Being In A Band Made Me A Better Lawyer

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    Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped develop the professional qualities I rely on as a litigator, including an ability to collaborate with strong-minded equals and the determination to treat each client with singular focus, says Eliad Shapiro at Herrick Feinstein.

  • Law School's Missed Lessons: Surviving A Long Trial

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    Most of law school trial advocacy is geared toward the sprint of trying a short case, but beyond managing a cross-examination or closing argument, effectively handling the marathon of a lengthy trial requires the ability to maintain composure, organization and credibility with the jury, says Mihir Elchuri at Hirschler.

  • Going To Hardcore Shows Makes Me A Better Lawyer

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    While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are about community, focus, being prepared for the unexpected and managing chaos, says Isaac Natter at Fluet.

  • QVC Ch. 11 Confirmation Shows Independent Directors' Value

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    QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-functioning independent director frameworks can create the evidentiary and governance foundation necessary to resolve complex intercompany disputes, preserve value and secure judicial approval of contested transactions, say attorneys at Choate.

  • Teaching SEC Investigations Makes Me A Better Lawyer

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    Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoughtful, deliberate practitioner because it requires me to continually reassess and challenge what I know about securities law enforcement, how I know it and how best to explain it, says David Chase at Miami Law.

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