Large Cap

  • July 31, 2026

    Lender Says YSA Took Oklahoma Property Without Notice

    A senior secured lender asked a Delaware bankruptcy judge to bar YSA Investments 1 LLC from using rents generated by an Oklahoma apartment property, alleging the debtor took control of the property after recording a second mortgage without notifying the lender.

  • July 31, 2026

    Boy Scouts Claimant Blames Ex-Counsel For Lost $2.7M

    An individual has asked a Delaware bankruptcy judge to reinstate his direct abuse claim against the Boy Scouts' settlement trust, asserting that Ahrens Law APC failed to file certain documents on time and saying that resulted in his claim — valued at up to $2.7 million — being tossed.

  • July 31, 2026

    Genesis Gets OK For Vote On Liquidation Plan

    A Texas bankruptcy judge Friday sent nursing home firm Genesis Healthcare's Chapter 11 liquidation plan out for a creditor vote, overriding contentions that Genesis had not provided enough information on a note it received as payment for its assets.

  • July 31, 2026

    Meet The Attorneys Guiding American Efficient's Ch. 11

    A group of attorneys from Waldrep Wall Babcock & Bailey PLLC and Jenner & Block LLP is representing North Carolina-based energy efficiency aggregator American Efficient LLC in its Chapter 11 bankruptcy case, as the company faces more than $1 billion in penalties from federal energy regulators.

  • July 31, 2026

    Freedom Forever To Liquidate After Ch. 11 Sale Collapses

    Insolvent solar panel installation company Freedom Forever told a Delaware bankruptcy court Friday it will seek conversion of its Chapter 11 case to a Chapter 7 liquidation and terminate most of its employees, after a proposed sale of assets to its CEO did not gain the approval of unsecured creditors.

  • July 31, 2026

    AFSA CEO Targets 'Systemic Misuse' Of Insolvency And Debt

    AFSA will focus on investigating the "systemic misuse" of personal insolvency proposals and predatory debt agreements, with CEO Tim Beresford saying these are the greatest threats to the insolvency system's integrity in a speech on Thursday.

  • July 30, 2026

    FCC Says EchoStar Can't Use Trust Fund To Pay Itself

    The Federal Communications Commission is not pleased that EchoStar is trying to convince a bankruptcy court to let it use a trust fund created to pay contractors to build its now-abandoned 5G network to instead pay a loan one EchoStar subsidiary made to another.

  • July 30, 2026

    Del. Chancery Axes Student Loan Co. 'Unfair' Lender Deal Suit

    A Delaware vice chancellor has dismissed, with prejudice, a stockholder lawsuit seeking to block new "highly dilutive" borrowing from the top lenders and shareholders of international student loan provider MPower Financing PBC, finding that the statutory safe harbor provision of Delaware corporation law protects the transaction, which will hand control of the company to two hedge funds.

  • July 30, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    An affiliate of American Efficient sued another organization in a bid to claw back about $10.2 million in Chapter 11, a Texas federal judge shot down an appeal stemming from auto parts company First Brands' bankruptcy and Sidley Austin LLP argued it was eligible to represent Genesis Healthcare.

  • July 30, 2026

    Bankruptcies Rise In 2026 As Small Biz, Consumers Seek Help

    U.S. bankruptcy filings were up more than 12% in the last 12 months, with a 50% surge in small business filings, approaching pre-pandemic levels as both consumers and businesses face what some experts said is a squeeze from multiple economic directions.

  • July 30, 2026

    FTX Deal Would Route $160M To Victims Of Korean Fraudster

    The FTX Recovery Trust asked a Delaware bankruptcy judge to greenlight a settlement with the foreign representative of Junho Bang, a Korean citizen jailed over cryptocurrency fraud, that would return more than $160 million to the fraudster's victims.

  • July 30, 2026

    Freedom Forever Cancels Sale After CEO Offer Fails

    Bankrupt solar power company Freedom Forever on Thursday canceled a sale hearing for its assets after its CEO's bid failed to pass muster with the creditors committee, leaving the debtor's future uncertain as it is slated to run out of funding Friday.

  • July 30, 2026

    Yellow Corp. Ex-Workers Sue Over SSN Breach, Notice Delay

    A group of former Yellow Corp. workers on Thursday sued the defunct trucking giant and its liquidating trustee, alleging their personal information was exposed in a data breach last year and that the debtor waited 15 months to disclose it.

  • July 30, 2026

    Exec Who Tried To Buy English Soccer Club Denies Fraud Rap

    A Florida executive who once tried to buy England's Everton soccer club on Thursday denied new charges accusing him of engaging in a $500 million fraud on lenders, before the judge hearing his case declined to adjourn his October trial. 

  • July 30, 2026

    Spirit Lands $88M Stalking Horse For Corporate HQ

    Bankrupt budget air carrier Spirit Airlines has announced it has secured an $88 million baseline bid for its corporate campus in Florida.

  • July 30, 2026

    Simpson Thacher Trial Hears Of 'Grave Risk' In PIPE Deals

    An attorney who is an expert in private investment in public equity transactions told a Florida jury hearing a malpractice case against Simpson Thacher & Bartlett LLP on Thursday that companies that enter into an agreement similar to the one Patriot National Inc. did take on "grave risk."

  • July 30, 2026

    Ex-NY Bankruptcy Judge Robert Drain Joins M3 Partners

    Robert Drain, the former Southern District of New York bankruptcy judge who oversaw Purdue Pharma's Chapter 11 case, will serve as a senior adviser and head of fiduciary services at M3 Partners, the restructuring consulting firm announced Thursday.

  • July 30, 2026

    Apple Tree Gets $4M For Biotech Cos. As Managers Take Over

    A Delaware bankruptcy judge on Thursday approved biotechnology investor Apple Tree Life Sciences Inc.'s bid to deploy another $4 million in Chapter 11 to support its portfolio companies, after the debtor and its new independent directors reached a deal on the interim funding.

  • July 29, 2026

    DOJ Probing Brothers Who Ran Summer Camp Empire

    A federal grand jury is investigating the bankrupt summer camp operator SIMAD Holdings, its controlling shareholders and related entities, and the company has received a demand to produce documents as part of the probe, according to a notice filed with the Tel Aviv Stock Exchange.

  • July 29, 2026

    MF Global Proposes Complex Plan To Speed Ch. 11 Payments

    Reorganized commodities brokerage MF Global proposed a multistep restructuring process that it says will help speed up and increase recoveries due to unsecured creditors nearly 13 years after a New York bankruptcy court confirmed its Chapter 11 plan of liquidation.

  • July 29, 2026

    Grupo Antolin Noteholders Seek Ch. 15 Toss Or Transfer

    Objecting noteholders have told a New York bankruptcy judge that the Chapter 15 cases of U.S. affiliates of Spanish auto parts maker Grupo Antolin violate U.S. bankruptcy principles and should be thrown out, while additionally arguing the cases should be transferred to Michigan if they are not dismissed.

  • July 29, 2026

    Sleep Number Can Keep $1.8M Employee Retention Promise

    A New York bankruptcy judge has overruled the objection from the U.S. Trustee to the employee retention plan from Sleep Number, finding that the employees aren't insiders, that the risk of them leaving was real and that it would be unfair to renege on promises to the workers.

  • July 29, 2026

    Buchalter Taps Longtime Atty To Lead San Francisco Office

    Buchalter PC announced that a longtime bankruptcy attorney who previously served on the firm's board of directors has been named managing partner of its San Francisco office.

  • July 29, 2026

    Meet The Attys In IT Co. TPx Communications' $1.1B Ch. 11

    Technology and cybersecurity services group TPx Communications has tapped lawyers from Sidley Austin LLP to assist the debtor as it seeks to address some $1.1 billion in debt through Chapter 11.

  • July 29, 2026

    Baker Donelson Adds Winstead Bankruptcy Pro In Houston

    Baker Donelson Bearman Caldwell & Berkowitz PC has fortified its bankruptcy practice with a Houston-based shareholder who came aboard from Winstead PC.

Expert Analysis

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

    Author Photo

    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • AI Will Soon Transform The E-Discovery Industrial Complex

    Author Photo

    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

  • When Innovation Overwhelms The Rule Of Law

    Author Photo

    In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.

  • Adventure Photography Makes Me A Better Lawyer

    Author Photo

    Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.

  • How Ch. 11 Can Alleviate Merchant Cash Advance Concerns

    Author Photo

    Merchant cash advance funding is one of the biggest challenges for small businesses today because funders are so prevalent, aggressive and expensive, but bankruptcy can provide several tools for dealing with MCA agreements that may allow the debtor business to restructure and survive, says Patricia Fugée at FisherBroyles.

  • 5 Ways To Create Effective Mock Assignments For Associates

    Author Photo

    In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.

  • 8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.

    Author Photo

    A Delaware bankruptcy court’s recent decision, examining trucking company Yellow Corp.’s abrupt termination of roughly 25,500 employees, offers financially distressed businesses a road map for navigating layoffs under the Worker Adjustment and Retraining Notification Act, say attorneys at King & Spalding.

  • Mentorship Resolutions For The New Year

    Author Photo

    Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.

  • Coaching Little League Makes Me A Better Lawyer

    Author Photo

    While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

  • 5 Litigation Funding Trends To Note In 2025

    Author Photo

    Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.

  • Rethinking Litigation Risk And What It Really Means To Win

    Author Photo

    Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.

  • Lessons From Two New Year's Eve Uptier Exchange Decisions

    Author Photo

    On the last day of 2024, two different courts issued important decisions relating to non-pro rata uptier exchanges — and while they differ, both rulings highlight that transactions effected in reliance on undefined terms in debt agreements come with increased risk, say attorneys at Simpson Thacher.

  • Playing Rugby Makes Me A Better Lawyer

    Author Photo

    My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.

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