Large Cap

  • October 07, 2026

    LIV Agrees To Review Player Contracts As Garcia, Rahm Exit

    Bankrupt professional golf league LIV Golf said it would allow tour member Sergio Garcia to terminate his player participation contract with the debtor Wednesday rather than have it subject to rejection, telling a New Jersey court that it would review the deals of other golfers seeking the same relief.

  • October 07, 2026

    IRS Agrees Silicon Valley Bank Liquidator Due $21.7M Refund

    The trust responsible for liquidating assets of the Silicon Valley Bank, which went into receivership in 2023, owes none of $41 million in assessed tax deficiencies and is due a $21.7 million refund, the IRS and the trust agreed.

  • October 07, 2026

    WilmerHale Appoints New Chair for Restructuring Team

    WilmerHale announced Wednesday that it has appointed a former Latham & Watkins LLP partner to chair the firm's transactional bankruptcy and financial restructuring practice.

  • October 07, 2026

    Polsinelli Names 2 Restructuring & Strategic Capital Leaders

    Polsinelli PC has two new leaders for its restructuring and strategic capital practice, the firm announced Wednesday.

  • October 06, 2026

    GloriFi Founder Asks To Join $1.7B Winston Taylor Ch. 7 Suit

    The founder of defunct "anti-woke" fintech group GloriFi has asked to intervene in a Chapter 7 malpractice lawsuit against Winston Taylor's predecessor firm, saying the Texas lawsuit is centered on him.

  • October 06, 2026

    Hughes Satellite Creditors Join Noteholders' Ch. 11 Challenge

    Unsecured creditors of bankrupt telecommunications company Hughes Satellite Systems Corp. are joining with its noteholders to advance a competing plan in the debtor's contested Chapter 11 case.

  • October 06, 2026

    LIV Golf, BC Partners Strike $300M Restructuring Deal

    LIV Golf is asking a New Jersey bankruptcy judge to approve a restructuring support agreement it reached with private equity firm BC Partners, which would provide a $300 million investment in the league as it exits Chapter 11.

  • October 06, 2026

    Catching Up With New Bankruptcy Case Action

    A pool supplier hit Chapter 11 with a $685 million debt-for-equity swap plan, Brazilian construction conglomerate Andrade Gutierrez Engenharia asked for Chapter 15 recognition, and a spa in the Catskills sought bankruptcy protection.

  • October 06, 2026

    Miss America CEO Says Carlton Fields' Fee Lien Lacks Detail

    Miss America CEO Robin Fleming is asking a Florida federal court to require Carlton Fields to provide more specific information about a charging lien the firm has asserted over unpaid legal fees in litigation over the ownership of the Miss America competition.

  • 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

    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.

Expert Analysis

  • Why And How To Build A Neurodiversity-Informed Practice

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    By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or learning differences, attorneys can build stronger relationships with those who may otherwise struggle to obtain and benefit from legal services, while developing good habits that will benefit everyone they represent, says Ting Cheung at Sanford Heisler.

  • LIV Golf Ch. 11 Tests Limits Of Reorganizing Around Talent

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    In LIV Golf's recent Chapter 11 filing, players are the core enterprise value of the business and the intended majority common owners of the reorganized league, making the case a restructuring reference point for any enterprise whose core value rests on individuals rather than assets, say attorneys at Jones Walker.

  • AI Meeting Recaps Pose New Discovery And Privilege Risks

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    The New York City Bar Association’s recent ethics opinion, cautioning attorneys not to record nonclient conversations with artificial intelligence tools, reflects an emerging view that AI meeting recaps are now a distinct business record category, meaning counsel should set meeting-level controls and apply framework-level updates, says William Wright at Faegre Drinker.

  • Playing Bid Whist Makes Me A Better Lawyer

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    As a child, I viewed bid whist as a family tradition and a source of friendly card game competition, but as a lawyer, I see it as a tool that has helped me cultivate skills like communication, teamwork, risk assessment and composure, says Keyonn Pope at Riley Safer.

  • Calif. Bill Goes Too Far In Trying To Regulate Attorney AI Use

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    California’s first-in-the-nation act regulating how attorneys and arbitrators use generative artificial intelligence will likely soon become law, but read broadly, the provisions may dissuade lawyers from employing AI at all, thereby depriving them of key work tools, says Joshua Wurtzel at Schlam Stone.

  • Ch. 11 Ruling Offers A Drafting Guide For 3rd-Party Releases

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    A recent Puerto Rico bankruptcy court decision in Grupo Hima San Pablo has provided important guidance and a concrete playbook for drafting consensual third-party releases following the U.S. Supreme Court's 2024 decision in Harrington v. Purdue Pharma, say attorneys at Eversheds Sutherland.

  • Law School's Missed Lessons: Cultivating Good Judgment

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    Law schools generally overlook the role that solid judgment skills play in real-world practice, but attorneys can bridge the gap by strengthening their abilities to assess a case’s strengths and weaknesses, develop and execute effective strategies, and provide clear recommendations to clients, says Manny Caixeiro at Venable.

  • A Lender's Guide To Fraud: Safeguarding Collateral

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    Recent bankruptcies illustrate that lenders should strengthen credit covenants, collateral field exams and third-party verification in order to detect double-pledging, fabricated assets and documentation fraud enabled by artificial intelligence before losses become unrecoverable, say attorneys at Moore & Van Allen.

  • 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.