Large Cap

  • October 05, 2026

    Spirit's Data Sale To Google Protects Consumers, Court Told

    Spirit Airlines and Google have taken "consequential steps" to protect the privacy of millions of consumers whose data is being sold as part of the airline's bankruptcy, a consumer privacy ombudsman said in a report lodged in New York federal bankruptcy court Monday.

  • October 05, 2026

    Jackson Walker Deal Stalled By Standing Issue, Trustee Says

    The U.S. Trustee's Office told a Texas federal judge that its settlement with Jackson Walker LLP to disgorge fees from cases touched by scandal is on ice while a bankruptcy judge examines the watchdog's standing to seek such relief.

  • October 05, 2026

    Court Rejects Oakland Diocese's $180M Ch. 11 Plan

    The Roman Catholic Diocese of Oakland, California, has failed to get a $180 million Chapter 11 plan confirmed, with a bankruptcy judge saying the religious organization failed to show that sexual abuse survivors would be better off under its proposal than in a liquidation.

  • October 05, 2026

    Meet The Attys Advising Pool Supply Co. Leslie's In Ch. 11

    A team of attorneys from Haynes Boone and Simpson Thacher & Bartlett LLP is guiding pool product maker Leslie's through the waters of bankruptcy in Texas.

  • October 05, 2026

    BioXcel's Ch. 11 Stayed Securities Settlement, Judge Says

    BioXcel Therapeutics' Chapter 11 filing paused a securities class action against it, a Delaware bankruptcy judge ruled Monday, after a federal court had pressed the life sciences group for a more detailed timeline on the final approval of a settlement in the litigation worth around $10 million.

  • October 05, 2026

    Inspired Healthcare Gets OK For $713M Sale

    A Texas bankruptcy judge Monday gave Inspired Healthcare the go-ahead to sell 30 of its senior living communities for $713 million after being told objections to how the sale proceeds will be handled will themselves be handled another day.

  • October 05, 2026

    Dish DBS Exits Ch. 11, Brightline Gets $190M In Funding

    Dish DBS Corp. won approval to cut more than $4 billion of debt and exit Chapter 11, while high-speed rail network Brightline got the greenlight to borrow $190 million in bankruptcy financing.

  • October 05, 2026

    IRS Loses Bid For Tax Withholdings In Ch. 11 Camp Sales

    A New Jersey bankruptcy judge determined on Monday that the buyers of seven summer camps owned by Simad Holdings Ltd. need not withhold taxes under rules governing the sale of U.S. property by foreign owners, overruling an objection by the Internal Revenue Service.

  • October 05, 2026

    5th Circ. Stays Barretts Talc Trial Ahead Of Arguments

    The Fifth Circuit has agreed to pause a Texas federal court trial on whether talc sold by Barretts Minerals Inc. contained cancer-causing asbestos, saying it would hear argument in December on talc claimants' bid to block what they called the trial court's "unlawful" proposal to weigh an issue affecting some 800 individualized claims in a single proceeding.

  • October 05, 2026

    High Court Won't Consider $30M Argentine Bondholder Claim

    Argentine bondholders claiming the Second Circuit wrongly upheld a block of over $30 million in contractual claims against Argentina won't get a chance to argue their stance at the U.S. Supreme Court, as the justices declined on Monday to review the case.

  • October 05, 2026

    High Court Won't Hear Madoff Feeder Funds' Clawback Appeal

    The U.S. Supreme Court on Monday denied certiorari to a group of feeder funds that invested in the Ponzi scheme of Bernard L. Madoff, which sought to challenge a Second Circuit ruling that found their $6 billion in clawback claims were barred by a securities safe harbor of the bankruptcy code.

  • October 02, 2026

    Telecom Group Scores $6M Claim In Franchise Group Ch. 11

    A Delaware bankruptcy judge Friday said Granite Telecommunications can proceed with its $5.8 million administrative expense claim against Franchise Group Inc., overruling the reorganized retail chain owner's position that Granite had a lower-priority contract rejection claim.

  • October 02, 2026

    Venezuela Seeks Pause In 3rd Circ. Appeal Of Citgo Sale

    Venezuela has asked the Third Circuit to pause its appeal of a Delaware judge's order greenlighting the nearly $6 billion sale of Citgo just weeks before scheduled oral arguments that were already delayed, pointing Friday to a "new Venezuelan reality" under President Delcy Rodríguez.

  • October 02, 2026

    Spirit Data Sale Creates 'Perverse' Incentive, Amici Say

    The Electronic Privacy Information Center, a Washington-based public interest group, is seeking to intervene on behalf of flight attendants in the bankruptcy of Spirit Airlines, saying that a proposed sale of employee information would create a "perverse" incentive for other companies to "over-collect" their employees' data.

  • October 02, 2026

    Jackson Walker May Face New Sanctions Over Old Romance

    A Texas bankruptcy judge Friday threatened Jackson Walker LLP with sanctions over yet another bankruptcy case where the firm's retention was approved by a judge in a relationship with a former attorney at the firm.

  • October 02, 2026

    Jenner & Block Partner Joins Bankruptcy Rules Panel

    Jenner & Block partner Catherine Steege will begin a three-year term Thursday on the Judicial Conference Advisory Committee on Bankruptcy Rules, which helps shape and recommend changes to the federal rules of bankruptcy procedure nationwide.

  • October 02, 2026

    Vermont Diocese Seeks Ch. 11 Exit After $29M Offer Rejected

    The Roman Catholic Diocese of Burlington, Vermont, has asked a bankruptcy judge to dismiss its Chapter 11 case, arguing it no longer has a path to getting a consensual restructuring plan confirmed and that continued administrative expenses are eating into creditor recoveries, two years into the proceeding.

  • October 02, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Retirement community company Inspired Healthcare will ask for approval of its Chapter 11 asset sales, nursing facility chain Genesis Healthcare is looking to secure confirmation of its Chapter 11 plan, and apparel-industry software company CaaStle will request a court's permission to settle a dispute with its directors.

  • October 02, 2026

    Roberts Wants Less Talk. Supreme Court Attorneys Disagree.

    Near the end of last term, Chief Justice John Roberts voiced his frustration with the U.S. Supreme Court's lengthening oral argument sessions and suggested the justices might tweak their format over the summer. But as the new term begins Monday, the court has yet to announce any changes, and advocates see little need for improvement.

  • October 02, 2026

    5 Supreme Court Cases To Watch This Fall

    The U.S. Supreme Court will convene Monday to begin its 2026 October term, which includes several cases that could determine the future of climate change tort litigation, expand religious freedoms and parental rights, and grant states authority to require proof of citizenship when individuals register for presidential elections using state forms. 

  • October 02, 2026

    Moses Singer's 3 New Hires Include Trusts And Estates Lead

    Moses Singer LLP announced three additions to its ranks from prominent law firms, one of whom will chair its trusts and estates group.

  • October 01, 2026

    $16B Ruling Faces High Court Sovereign Immunity Challenge

    The U.S. Supreme Court is being asked to review an "egregiously wrong" Second Circuit decision that overturned a New York judge's $16 billion judgment against Argentina that arose from its nationalization of YPF SA, the country's largest oil and gas exploration company.

  • October 01, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The AI-powered health tech firm Survey Health wants out of its involuntary bankruptcy petition, saying the case was concocted by a backstabbing co-founder. Reed Smith LLP is arguing it should not have to turn over its client files for the former management of Eletson Holdings Inc. to new management. And Spirit Airlines' former workers continue to hold firm against the company's plans to sell a trove of operational data to Google.

  • October 01, 2026

    Pool Supply Co. Leslie's Plans Jan. Exit From Ch. 11

    Counsel for bankrupt pool supply company Leslie's told a Texas bankruptcy judge Thursday that it is aiming to exit bankruptcy by early January, in time to get ready for another pool season.

  • October 01, 2026

    Meet The Attys Advising AirBaltic's Creditors Committee

    A group of attorneys from Willkie Farr & Gallagher LLP is representing the official committee of unsecured creditors of Latvian carrier airBaltic, as the company seeks to maintain its operations while pursuing a balance sheet restructuring by next June.

Expert Analysis

  • How Jackson Walker Settlement Will Affect Conflict Checks

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

  • FDIC Proposals Mark Pullback In Bank Resolution Rules

    Author Photo

    A recent pair of Federal Deposit Insurance Corp. proposals would fundamentally reshape testing of banks' resolution-related capabilities from a mandatory exercise to a voluntary one supported by significant financial incentives, amounting to an overall reduction in reporting requirements, say attorneys at Moore & Van Allen.

  • Being A Singer Makes Me A Better Lawyer

    Author Photo

    Before law school, I spent seven years trying to make it as a professional singer in Los Angeles, and nearly everything I learned about preparation, humility, confidence and more has followed me into my legal practice, says Jessica Caterina at Moses & Singer.

  • $400M Serta Ruling Offers Warning On Uptier Deal Risks

    Author Photo

    A Texas bankruptcy court's recent remand ruling, which disallowed Serta Simmons Bedding’s uptier debt exchange and awarded $400 million to the minority lenders, demonstrates why deal counsel negotiating similar agreements should clearly define exceptions and lien subordination, while litigators should lean on express terms, says Jamie Aycock at Yetter Coleman.

  • Yellow Corp. WARN Act Appeal Refines Layoff Guidance

    Author Photo

    A Delaware federal court's recent upholding of a bankruptcy court's disallowance of unions' federal Worker Adjustment and Retraining Notification Act claims against Yellow underscores that fact-specific notices and thoughtful timing are essential for distressed companies implementing layoffs, say attorneys at King & Spalding.

  • Tips For Investors, Creditors Before Venezuela Restructuring

    Author Photo

    As Venezuela enters the first genuinely actionable phase of what may become one of the largest sovereign debt restructurings in modern financial history, creditors should strategically evaluate their claim types and investors should consider engaging before formal negotiations commence, says Rodrigo Carvalho at Winston Taylor.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Large Cap archive.