Mid Cap

  • July 17, 2026

    Mid-Cap Restructuring Is Becoming Faster And Leaner

    Mid-cap restructuring attorneys are seeing more efficient cases both in and out of bankruptcy court, as rising costs and challenging macroeconomic factors force companies to move through reorganization processes as quickly as possible and do so with an increasing preference for bankruptcy alternatives, experts told Law360.

  • July 17, 2026

    Dallas Hospital Gets Interim OK For Ch. 11 Plan Disclosure

    A Texas bankruptcy judge on Friday conditionally approved Dallas hospital White Rock Medical Center LLC's disclosure statement for its Chapter 11 plan, after a consensus was reached among key creditor constituencies and as the debtor seeks an expedited path toward plan confirmation by September.

  • July 17, 2026

    Nicklaus Cos. Can Send Ch. 11 Plan To Creditor Vote

    A Delaware bankruptcy judge has granted the wind-down entity for golf course design group Nicklaus Cos. permission to seek creditors' votes on its Chapter 11 restructuring plan.

  • July 16, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The U.S. Trustee's Office obtained permission to put a watchdog in place in Spirit Airlines' bankruptcy, TGI Fridays pitched a $220,000 settlement in its bankruptcy, a medical spa management company asked to move into liquidation, and a Dallas hospital sought a speedy hearing on its plan disclosure.

  • July 16, 2026

    Zaslav-Backed Bid Sets Floor For SIMAD Summer Camp

    A group backed by Warner Bros. Discovery CEO David Zaslav is making a $68 million stalking horse bid for Mohawk Day Camp, one of a collection of camps run by SIMAD Holdings that are up for sale in its Chapter 11 proceeding.

  • July 16, 2026

    Zohar Trust Wins $2.4M In Lengthy Row With Lynn Tilton Firm

    Distressed debt investor Lynn Tilton's Patriarch Partners must pay roughly $2.4 million to the litigation trust for a trio of collateralized loan funds she founded in the 2000s, a New York federal judge has ruled, finding that Tilton's private equity firm breached a credit contract.

  • July 16, 2026

    Debt Burden, Cash Shortage Led LA Hospital To Hit Chapter 11

    Financial strain from the COVID-19 pandemic, mounting debt and an acute liquidity crisis led Pacifica Hospital of the Valley, a 231-bed hospital in the Los Angeles area, to seek Chapter 11 protection in Delaware.

  • July 16, 2026

    Mich. AG Says Solar Financing Scheme Hit 1,700 Consumers

    Michigan's attorney general has accused Climax Solar, its owner and the seven financial institutions that financed consumer purchases of the company's home solar systems of participating in a widespread solar finance scheme that promised customers big savings but resulted in long-term debt.

  • July 16, 2026

    American Signature Seeks OK To Sell Google Antitrust Claims

    Bankrupt furniture retailer American Signature Inc. has asked a Delaware bankruptcy judge for permission to sell its potential antitrust claims against Google for about $5.76 million, arguing that converting an uncertain litigation asset into immediate cash is the best way to maximize value for creditors while avoiding the costs and risks of pursuing the claims itself.

  • July 16, 2026

    Telecom Infrastructure Biz Wins Ch. 11 Plan OK

    A New York bankruptcy court Thursday approved the Chapter 11 plan of Excell Communications Inc., a telecommunications infrastructure developer, after the company's owner agreed to provide $1.3 million for unsecured creditors.

  • July 16, 2026

    Simpson Thacher 'Never' Explained Ill-Fated Deal, Exec Says

    A founder seeking over $100 million from Simpson Thacher & Bartlett over a transaction he says destroyed his insurance services company testified Thursday the law firm provided him no education on various words he wasn't familiar with in the deal.

  • July 15, 2026

    Circuit-By-Circuit Guide To The US Supreme Court's Term

    Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.

  • July 15, 2026

    'I Won't Be A Silent Jury,' Judge Says As SVB Trial Wraps

    The California federal judge overseeing the bench trial on the Federal Deposit Insurance Corporation's claim that Silicon Valley Bank's officers mismanaged its assets before the bank's 2023 collapse told the two sides on Wednesday to be prepared for interruptions to their closing arguments, saying "I won't be a silent jury."

  • July 15, 2026

    Mining Co. Creditors Say DIP Gives Windfall To Parent Group

    Unsecured creditors of soda ash and borate mining company Searles Valley Minerals have urged a Delaware bankruptcy judge to reject the debtor's Chapter 11 financing motion, saying the debtor-in-possession funding agreement would slight creditors and give away valuable assets to the debtor's parent.

  • July 15, 2026

    Judge Tosses Former Texas Hospital Operator's Chapter 11

    A Delaware bankruptcy judge on Wednesday threw out Sherman/Grayson Hospital LLC's Chapter 11 amid uncertainty over whether $17 million in administrative claims would be paid to avoid either conversion or dismissal.

  • July 15, 2026

    Meet The Attorneys Guiding SynergenX's Ch. 11

    A group of attorneys from Law Offices of Frank J. Wright PLLC and Shannon Lee Beatty LLP is representing hormone therapy company SynergenX in its Chapter 11 case.

  • July 15, 2026

    Judge Says Washington City Filed Ch. 9 In Good Faith

    A bankruptcy judge has ruled a small city in central Washington did not act in bad faith when it sought Chapter 9 protection after a dispute with a developer left it facing a $26 million judgment.

  • July 15, 2026

    Simpson Thacher Put Co. Out Of Business, Fla. Jury Told

    Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening arguments for trial in his suit alleging the law firm owes him more than $100 million.

  • July 15, 2026

    Pa. Jury Acquits Man Accused Of Threatening Judges

    A Pennsylvania federal jury found Wednesday that a man accused of threatening to kill judges is not guilty.

  • July 15, 2026

    New Jersey AG Targets Pa. Seller Of Ghost Gun Kits

    In a bid to stop the flow of untraceable firearms into the Garden State, New Jersey Attorney General Jennifer Davenport announced Wednesday that her office sued a Pennsylvania man alleged to be one of the largest suppliers of products used to make ghost guns.

  • July 15, 2026

    Industries Facing Distress In 2026: A Midyear Report

    Renewable energy companies have continued to file for Chapter 11 relief in the first half of 2026, the Iran war and inflated fuel prices have hit the transportation and logistics sector, and software companies are bracing for the impact of artificial intelligence.

  • July 15, 2026

    Ascend Elements Cleared For Ch. 11 Plan Vote

    A Texas bankruptcy judge gave battery recycler Ascend Elements the all-clear Wednesday to take a vote on its Chapter 11 liquidation plan.

  • July 15, 2026

    Weil Appoints Its First Global Chair Of Restructuring

    Weil Gotshal & Manges LLP announced on Wednesday that U.S. restructuring co-chair Matt Barr will assume the newly created role of global restructuring chair.

  • July 14, 2026

    4th Circ. Sends $166M Arbitral Judgment Back To Trial Court

    The Fourth Circuit ruled Tuesday that a trial court must determine if a $166 million arbitral award against convicted insurance mogul Greg Lindberg can stand under North Carolina law, reversing a lower court's confirmation of the award under the Federal Arbitration Act.

  • July 14, 2026

    Dolphin Park Co. Slams Ex-CEO's Ch. 11 Dismissal Bid

    Dolphin park owner Leisure Investments has asked a Delaware bankruptcy judge to reject a motion its onetime CEO filed seeking dismissal of the company's bankruptcy case, contending he grossly misrepresented the results of court proceedings in Mexico. 

Expert Analysis

  • Adapting To Private Practice: From NY Fed To BigLaw

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    While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow your network, requiring a clear understanding of how your skills can complement and contribute to a firm's existing practice, and where you can add new value, says Meghann Donahue at Covington.

  • Top 3 Litigation Finance Deal-Killers, And How To Avoid Them

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    Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons for failure, including a lack of trust or a misunderstanding of deal terms, can help both parties avoid problems, say Rebecca Berrebi at Avenue 33 and Boris Ziser at Schulte Roth.

  • Tracking The Evolution Of Liability Management Exercises

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    As liability management exercises face increasing legal scrutiny, understanding the history of these debt restructuring tools can help explain how the playbook keeps adapting — and why the next move is always just one ruling or transaction away, say attorneys at Weil.

  • 3 Steps For In-House Counsel To Assess Litigation Claims

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    Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

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    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

  • Adapting To Private Practice: From DOJ Enviro To Mid-Law

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    Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.

  • Addressing D&O Allocation Questions Amid Shifting Economy

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    As increasing global insolvency this year may lead to an increase in directors and officers insurance claims, businesses should review their policies' allocation provisions to avoid negotiating how coverage will apply to covered and uncovered claims during a suit, say attorneys at Reed Smith.

  • Legal Ethics Considerations For Law Firm Pro Bono Deals

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    If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.

  • Cannabis Deregulation Raises Bankruptcy Access Questions

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    Attorneys at Thompson Coburn explore why cannabis companies have been historically prohibited from filing for bankruptcy, certain exceptions to the general rule, and the potential effects of federal deregulation on such companies' bankruptcy eligibility.

  • Playing Football Made Me A Better Lawyer

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    While my football career ended over 15 years ago, the lessons the sport taught me about grit, accountability and resilience have stayed with me and will continue to help me succeed as an attorney, says Bert McBride at Trenam.

  • 10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks

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    The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

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    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

  • Power To The Paralegals: The Value Of Unified State Licensing

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    Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.

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