Large Cap

  • June 09, 2026

    Crystallex Warns Of Delay Tactic In Citgo Sale Appeal

    Defunct Canadian miner Crystallex on Friday urged the Third Circuit to order Venezuela's counsel to prove its authority as the country challenges an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of its debt, pointing to the new administration of Delcy Rodriguez.

  • June 09, 2026

    Catching Up With New Bankruptcy Case Action

    Both mid- and large-cap companies — and some that straddled the line — hit bankruptcy in the past week, including two internet infrastructure companies.

  • June 09, 2026

    Philly Violated Cornerstone Of Bankruptcy Law, 3rd Circ. Says

    The Third Circuit on Tuesday revived part of a pro se debtor's long-running bankruptcy fight against Philadelphia holding the city must face civil contempt sanctions for collecting on a lien after his debt was discharged, saying it "violated" one of the "historic cornerstones" of bankruptcy, which is a discharge's finality.

  • June 09, 2026

    FDIC's Hill Eyes Resolution Planning, Assessment Changes

    Federal Deposit Insurance Corp. Chairman Travis Hill said Tuesday that his agency will seek to dial back its living-will requirements for large banks and recalibrate how it charges for deposit insurance, part of a broader push to rethink the agency's approach to handling bank failures.

  • June 09, 2026

    GoHealth Gets OK For Mid-July Ch. 11 Plan Confirmation

    A Delaware bankruptcy judge on Tuesday set health insurance broker GoHealth on course for a mid-July hearing for its plans to refinance $762 million in debt and hand the company over to its lenders.

  • June 09, 2026

    Meet The Team Guiding GoldenPeaks Poland Through Ch. 11

    A team of attorneys from Pachulski Stang Ziehl & Jones LLP will be steering the Polish subsidiaries of alternative energy investment company GoldenPeaks Capital through Chapter 11 as they seek a sale or restructuring.

  • June 09, 2026

    Judge Indicates OK For Prince Global Liquidators' Ch. 15 Bid

    A New York bankruptcy judge said he would grant recognition of the British Virgin Islands insolvency proceeding of Prince Global Holdings, which is part of a Cambodian conglomerate accused of running a massive fraud and human trafficking ring.

  • June 09, 2026

    McKesson, Rite Aid Trust Clash Over Ch. 11 Claims Transfer

    McKesson locked horns Tuesday in New Jersey bankruptcy court with a trust created by Rite Aid's first Chapter 11 plan over whether the medication supplier must hand over antitrust claims against pharmaceutical companies.

  • June 09, 2026

    Judge Blocks Azul's Creditors In Brazil Under Ch. 11 Plan

    A New York bankruptcy judge has ruled Brazilian airline Azul SA's Chapter 11 plan wiped clean debts two banks are seeking to collect in the Brazilian courts, overruling arguments he had no jurisdiction over the dispute.

  • June 09, 2026

    The Law360 400: A Look At The Top 100 Firms

    The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

  • June 08, 2026

    Judge Awards $2.2M In Sanctions In $500M Miss America Spat

    A Florida businessman who claims that he owns the Miss America pageant and his attorney were ordered Monday to pay $2.2 million in sanctions for submitting fraudulent documents in a $500 million dispute over ownership of the pageant and using them to put the company into bankruptcy.

  • June 08, 2026

    SIMAD-Linked New Orleans Office Tower Hits Ch. 11

    A New Jersey bankruptcy judge on Monday agreed to give bankrupt summer camp and real estate company SIMAD Holdings Ltd. interim permission to use cash collateral, which the debtor said it needed to keep its camps on track to operate as normal this summer.

  • June 08, 2026

    Catching Up With Delaware's Chancery Court

    At the Delaware Chancery Court, a trial over World Wrestling Entertainment Inc.'s $21.4 billion merger with Ultimate Fighting Championship's parent company has been canceled, and a Reddit investor has filed a suit claiming the company used artificial intelligence to challenge his grievance about a charter provision.

  • June 08, 2026

    Fed. Circ. Panel Backs Invalidation Of OxyContin Patent

    The Federal Circuit on Monday upheld a Delaware federal court's decision that deemed invalid a Purdue Pharma patent covering an abuse-deterrent version of the opioid OxyContin, rebuffing the company's arguments that the lower court got its obviousness analysis wrong.

  • June 08, 2026

    First Brands Pitches New Ch. 11 Plan To Avoid Liquidation

    Car parts maker First Brands Group on Monday touted a new Chapter 11 plan in Texas bankruptcy court about two weeks after a judge denied its bid to take votes on its previous effort, saying the new version gives creditors more time to vote and encompasses all the First Brands debtors instead of just one.

  • June 08, 2026

    Latham Brings On Kirkland Litigation Pro In Austin

    Latham & Watkins LLP announced Monday that it has fortified its litigation presence in Texas and nationally with an Austin, Texas-based partner who arrived from Kirkland & Ellis LLP.

  • June 08, 2026

    Marelli Gets $300M DIP Extension, Aims For Aug. 1 Plan Filing

    Counsel for automobile parts maker Marelli Corp. on Monday told a Delaware bankruptcy judge it is looking to have a reorganization plan on file by Aug. 1, after the judge gave it the go-ahead to tap into an additional $300 million in Chapter 11 financing.

  • June 08, 2026

    Bankman-Fried Seeks Trump Pardon On FTX Fraud Conviction

    FTX founder Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has asked President Donald Trump to pardon him for defrauding customers who placed billions of dollars with the fallen cryptocurrency exchange, according to the U.S. Department of Justice's Office of the Pardon Attorney.

  • June 08, 2026

    Del Monte Plan Rolls On, ABC Law Gains Steam

    The U.S. Supreme Court will not consider an appeal related to an early Texas two-step case, a New Jersey bankruptcy judge declined a Del Monte lender group's request for a plan confirmation stay, and a law to standardize assignment for the benefit of creditors proceedings is gaining traction. This is the week in bankruptcy.

  • June 08, 2026

    Insurance Brokerage GoHealth Hits Ch. 11 With Prepack Plan

    Health insurance broker GoHealth has filed for Chapter 11 protection in Delaware with $772 million in debt and a prepack equity-swap plan, saying medical costs are outpacing government reimbursement and that it is facing litigation alleging its involvement in a kickback scheme.

  • June 05, 2026

    Spirit Unions Blast Executive Bonus Proposal In Ch. 11

    A pair of unions representing former Spirit Airlines employees Friday tore into the bankrupt airline's request to pay executives incentives to keep them on while the carrier winds down its operations, saying there is "no conscionable basis" to prioritize the highest-paid executives at the expense of the thousands of workers who lost their jobs.

  • June 05, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Texas hospital operator Sherman/Grayson and embattled auto parts maker First Brands are facing bids to dismiss or convert their Chapter 11 cases, while e-commerce brand QVC group is seeking approval for its Chapter 11 plan and Clearside Biomedical wants clearance to sell its assets.

  • June 05, 2026

    J&J Talc Unit Settles Committee Fee Tiff With Paul Hastings

    A Texas bankruptcy judge approved a confidential settlement between law firm Paul Hastings LLP and Johnson & Johnson talc unit Red River Talc over $8 million in disputed fees sought by the firm for its representation of a talc claimant committee in the company's dismissed Chapter 11 case.

  • June 05, 2026

    Saks Global OK To Exit Bankruptcy With $500M, Rebound Plan

    A Texas bankruptcy judge signed off Friday on retailer Saks Global's Chapter 11 plan, allowing the debtor to cut most of its existing debt and borrow $500 million in new money to support an effort to revitalize its business.

  • June 05, 2026

    Multi-Color, Del Monte Ch. 11s Boost NJ Bankruptcy Court

    The resolution of several high-profile bankruptcies in New Jersey this year has boosted the appeal of seeking Chapter 11 protection in the state, especially for companies pursuing complex debt restructurings that only some of their creditors support, experts told Law360.

Expert Analysis

  • Asbestos Trusts And Tort Litigation Are Still Not Aligned

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    A recent ruling by a New York state court in James Petro v. Aerco International highlights the inefficiencies that still exist in asbestos litigation — especially regarding the continued lack of coordination between the asbestos tort system and the well-funded asbestos trust compensation system, says Peter Kelso at Roux.

  • The Legal Education Status Quo Is No Longer Tenable

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    As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

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    In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.

  • Section 1983 Has Promise After End Of Nationwide Injunctions

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    After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.

  • Law School's Missed Lessons: Learning From Failure

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    While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.

  • Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • Special Committees Gain Traction In Chapter 11 Investigations

    Excerpt from Practical Guidance
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    Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.

  • Law School's Missed Lessons: Navigating Client Trauma

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    Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.

  • 4 Former Justices Would Likely Frown On Litigation Funding

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    As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • Playing The Violin Makes Me A Better Lawyer

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    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

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