Large Cap

  • November 14, 2025

    New Orleans Diocese's $230M Ch. 11 Deal To Face Lender Fire

    After five years in bankruptcy, the New Orleans Catholic diocese is heading for a high-stakes, multiday trial on its Chapter 11 plan on Monday with the support of sexual abuse claimants who cut a $230 million deal for survivors, but strong opposition from bondholders facing a more than $20 million haircut.

  • November 14, 2025

    Judge Orders Mediation In CCA Construction Ch. 11 Case

    A New Jersey bankruptcy judge ordered Chinese state-owned construction firm CCA Construction to engage in mediation with BML Properties, the developer of the Baha Mar resort in the Bahamas, as BML seeks to enforce a $1.7 billion judgment it obtained against CCA and affiliates last year.

  • November 14, 2025

    Mawson Says Ex-CEO Misled Board To Land $2.6M Bonus

    Mawson Infrastructure Group has accused its former CEO in Delaware's Chancery Court of concealing the bitcoin mining company's deteriorating finances and the collapse of a key prospective contract so he could secure board approval for a bonus worth about $2.6 million.

  • November 14, 2025

    First Brands Lenders Seek New Counsel For Finance Entities

    Lenders of First Brands are arguing to a Texas bankruptcy judge that the company's financing entities need their own separate attorneys in the auto parts maker's Chapter 11 case, citing concerns about conflicts of interest.

  • November 14, 2025

    What's Happening In Bankruptcy Court This Coming Week

    The Roman Catholic Archdiocese of New Orleans, Yellow Corp. and 23andMe will each go before a bankruptcy judge over the coming week to seek Chapter 11 plan confirmation.

  • November 14, 2025

    MVP: Weil's Ronit Berkovich

    Ronit Berkovich of Weil Gotshal & Manges LLP's bankruptcy practice ascended to co-chair of her team and helped guide Avon Products through a roughly $1.3 billion Chapter 11 case to plan confirmation, earning her a spot as one of the 2025 Law360 Bankruptcy MVPs.

  • November 14, 2025

    Purdue's $7.4B Ch. 11 Plan To Be Confirmed

    A New York bankruptcy judge agreed to confirm the $7.4 billion Chapter 11 plan of Purdue Pharma LP on Friday, saying he would issue a formal bench ruling next Tuesday explaining his decision.

  • November 13, 2025

    Weil, Akin Defend Fee Requests In Steward Health Bankruptcy

    Weil Gotshal & Manges LLP, representing Steward Health Care in its Chapter 11 bankruptcy, and Akin Gump Strauss Hauer & Feld LLP, representing the hospital operator's committee of unsecured creditors, defended their respective professional fee requests that add up to over $304 million in response to Massachusetts' objections.

  • November 13, 2025

    Objecting Claimants Have Their Say On Purdue Ch. 11 Plan

    A New York bankruptcy judge heard statements from more than a dozen opioid personal injury claimants objecting to the Chapter 11 plan of OxyContin maker Purdue Pharma Thursday as the pro se objectors shared concerns about their recoveries, the lack of criminal prosecution of the company's owners and faults in the system that allowed the opioid crisis to occur in the first place.

  • November 13, 2025

    Texas' Bankruptcy Judge Romance Scandal, 2 Years Later

    It's been more than two years since the news of the undisclosed romantic relationship between former U.S. Bankruptcy Judge David Jones and former Jackson Walker attorney Elizabeth Freeman rocked Houston's popular bankruptcy court.

  • November 13, 2025

    Meet The Key Players In Houston's Bankruptcy Ethics Scandal

    In October 2023, the Southern District of Texas' rising bankruptcy court was shaken by the sudden resignation of then-U.S. Bankruptcy Judge David R. Jones, after a lawsuit and media reports revealed he had been in a romantic relationship with a local bankruptcy lawyer, Elizabeth Freeman, information that neither Jones nor the attorney disclosed to clients.

  • November 13, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A Long Island Catholic diocese brought its Chapter 11 case to a close, the U.S. trustee objected to a bid by metal recycling company Aleon Metals to end its Chapter 11, and remodeling group Renovo was slapped with two putative class actions.

  • November 13, 2025

    Judge Halts Jackson Walker Secret Romance Settlements

    A Texas federal judge has paused a number of settlements between Jackson Walker LLP and former clients, criticizing the firm for trying to undermine the U.S. Trustee's investigation into alleged malpractice stemming from a secret romance between a former partner and a bankruptcy judge.

  • November 13, 2025

    MVP: Sullivan & Cromwell's James Bromley

    James Bromley, a partner at Sullivan & Cromwell LLP, has handled some of the country's largest and most complex bankruptcy cases in the past year — including FTX Trading Ltd., SVB Financial Group and Diamond Sports, representing Major League Baseball — earning him a spot as one of the 2025 Law360 Bankruptcy MVPs.

  • November 13, 2025

    Tricolor Ch. 7 Trustee Gets OK To Hire McDermott

    The Chapter 7 trustee for subprime car lender and seller Tricolor Holdings received a Texas bankruptcy court's approval Thursday to retain international law firm McDermott Will & Schulte, as well as a Dallas-based bankruptcy law firm Cavazos Hendricks Poirot PC as special counsel.

  • November 13, 2025

    Ex-Bank Owner Fights FTX Investment Clawback Attempt

    Counsel for the owner of a defunct bank on Thursday asked a Delaware bankruptcy judge to stop efforts to claw back an $11.5 million investment by bankrupt cryptocurrency exchange FTX, saying there were no allegations he personally profited from the deal.

  • November 13, 2025

    Mining Co. Digs At Friend Turned Foe In $7.38B Citgo Battle

    A Bermuda mining company has sued a Canadian counterpart in the Delaware Chancery Court for allegedly using insider information from a confidential bidding alliance to switch sides in a court-run auction of Citgo Petroleum's parent company.

  • November 13, 2025

    Efforts To DQ Judge In Venezuelan Debt Case Come Up Short

    A federal judge on Thursday denied efforts to unseat him and the court-appointed special master overseeing the sale of Citgo's parent company to satisfy billions of dollars in Venezuelan debt, ruling that the motions are both procedurally defective and unmeritorious.

  • November 12, 2025

    Meet The Attorneys Advising Pine Gate Renewables In Ch. 11

    Lawyers from Latham & Watkins LLP and Hunton Andrews Kurth LLP are advising solar energy developer Pine Gate Renewables as the company works to sell its assets during a Chapter 11 case in Texas bankruptcy court.

  • November 12, 2025

    Purdue Kicks Off Ch. 11 Confirmation With Plan Overview

    Bankrupt OxyContin maker Purdue Pharma began its Chapter 11 confirmation trial Wednesday with an overview of its latest plan and the myriad settlements that underpin the proposal, including a $6.5 billion commitment from the company's owners.

  • November 12, 2025

    Yellow To Get Ch. 11 Plan Ruling Next Week Amid MFN Row

    A Delaware bankruptcy judge announced Wednesday that he will issue a ruling on Yellow Corp.'s Chapter 11 plan next week, saying he needed time to consider arguments brought by a major shareholder that the trucking company's plan doesn't treat certain creditors better than a Chapter 7 liquidation would.

  • November 12, 2025

    First Brands Loses Bid To Extend Ex-CEO Asset Freeze

    A Texas bankruptcy judge declined Wednesday to extend a temporary freeze on the assets of First Brands' former CEO, finding that while the auto parts company's allegations of fraud are serious, the threat of irreparable injury was "speculative and not imminent."

  • November 12, 2025

    Oakland Diocese Gets Another 2 Weeks For Plan Talks

    A California bankruptcy judge agreed Wednesday to postpone dismissing the Roman Catholic Diocese of Oakland's Chapter 11 case for two more weeks, after a mediator overseeing plan discussions said there was a "light at the end of the tunnel."

  • November 12, 2025

    Pine Gate Gets $800M+ DIP After Revising Rollup

    A Texas bankruptcy judge signed an order authorizing solar energy developer Pine Gate Renewables to roll up about $800 million in debt as part of its postpetition funding, after declining an earlier proposal that would have rolled up $1.4 billion on an interim basis.

  • November 12, 2025

    MVP: Paul Hastings' Jayme Goldstein

    Jayme Goldstein, the co-chair of Paul Hastings' restructuring group, has represented creditors with billions of dollars in claims to negotiate and defend restructuring support agreements behind the complex Chapter 11s of broadcaster Diamond Sports, The Container Store and retail brand owner Franchise Group, earning him recognition as one of the 2025 Law360 Bankruptcy MVPs.

Expert Analysis

  • Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

  • 9th Circ. Has Muddied Waters Of Article III Pleading Standard

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    District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.

  • Competing In Modern Pentathlon Makes Me A Better Lawyer

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    Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.

  • Law School's Missed Lessons: Teaching Yourself Legal Tech

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    New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.

  • How AI May Reshape The Future Of Adjudication

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    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

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    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

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    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • Law School's Missed Lessons: Appreciating Civil Procedure

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    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • How Attorneys Can Become Change Agents For Racial Equity

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    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.

  • Running Marathons Makes Me A Better Lawyer

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    After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.

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