Mid Cap

  • August 27, 2026

    EV-Maker SPAC Investors Reach $4M Chancery Settlement

    Former stockholders of the special purpose acquisition company that took electric vehicle manufacturer Lion Electric public have agreed to a $4 million cash settlement with seven individuals who served as Northern Genesis Acquisition Corp. directors, officers or alleged controllers to end Delaware Chancery Court claims over the 2021 deal.

  • August 27, 2026

    23andMe Judge Slows Estimation Of Calif. Data Breach Claim

    A Missouri bankruptcy judge ruled Thursday he would split a process for dealing with data breach claims brought by the state of California against 23andMe into two stages, saying he would first decide whether the bankruptcy trust for the DNA testing company should be allowed to estimate the state's claims for damages.

  • August 27, 2026

    Salad Chain Gets OK For Lease Auction, New Ch. 11 Loan

    A Texas bankruptcy judge on Thursday gave drive-thru chain Salad and Go permission to take out replacement Chapter 11 financing on new terms and put about 130 leases up for auction, including 65 originally slated for a $105 million private sale.

  • August 27, 2026

    Pandemic Fallout, Funding Woes Led Marine Co. To Hit Ch. 11

    Project disruptions, payment delays and rising operating costs following the COVID-19 pandemic put significant pressure on liquidity and working capital, leading New Jersey-based marine services provider Atlantic Subsea Inc. to file for Chapter 11 bankruptcy.

  • August 27, 2026

    Real Estate Holding Co. Gets 3-Member Creditors Committee

    DAMIS Holdings LLC, the bankrupt real estate holding company tied to a summer camp empire at the center of a complex Chapter 11 proceeding, will have a three-member official committee of unsecured creditors, according to the U.S. Trustee's Office.

  • August 27, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A New York bankruptcy judge installed a mediator in a condo board's case, a meal kit company asked for more time to file Chapter 11 plans without competition, and law firm Reed Smith LLP balked at an attempt to make it turn over documents in a reorganized shipping company's bankruptcy.

  • August 27, 2026

    Womble Bond Adds Bankruptcy Atty From Raines Feldman

    Womble Bond Dickinson announced Thursday it has added an attorney from Raines Feldman Littrell LLP in its Delaware office to bolster its finance, bankruptcy and restructuring group.

  • August 27, 2026

    Bertone Piccini Litigator Joins Schenck Price In NJ

    Schenck Price Smith & King LLP has announced that a veteran commercial litigator has come aboard the firm's Florham Park, New Jersey, office as a partner from Bertone Piccini LLP.

  • August 27, 2026

    Canadian GovTech Co. Seeks OK For $19.2M Sale

    Canadian government services software company Thentia Global Systems Inc. is asking a Delaware bankruptcy judge to recognize an asset sale already approved by a Canadian bankruptcy court — which would see buyer Espresso Capital Ltd. assume $19.2 million in existing debt.

  • August 27, 2026

    Watchdog Flags Apartments' Slow Ch. 11 Cash, Payroll Moves

    The U.S. Trustee's Office is objecting to two Houston-area apartment complexes' requests to pay pre-and post-bankruptcy petition employee wages, saying the owner-operators have not secured permission to use cash collateral in the three weeks since entering Chapter 11.

  • August 27, 2026

    Faegre Drinker And Investor Trade Blame Over Depo Delays

    Faegre Drinker Biddle & Reath LLP this week pressed its bid to strike expert witnesses proffered by a real estate investor claiming the firm gave bad advice about a deal to buy an A&P shopping center, saying it made nine unsuccessful bids over the last three months to schedule two witnesses.

  • August 26, 2026

    Mass Tort Firm Galindo Law Can Use Cash In Ch. 11

    A bankruptcy judge said he would give interim approval to Galindo Law Firm's package of first-day motions Wednesday, allowing it to use cash on hand to fund operations, after the Texas mass tort firm resolved a lender's objection.

  • August 26, 2026

    Cash Advance Funders Sue Summer Camp Owners In Ch. 11

    A fast-cash funder has sued the now-bankrupt brothers who ran their summer camp empire into the dirt for guaranteeing nearly $6.4 million of loans earlier this year, alleging they were already insolvent and had no intent to repay the funds.

  • August 26, 2026

    Cox Industries 'Corporate Looting' Suit Remains In La.

    A Louisiana bankruptcy judge has declined to transfer a lawsuit launched by the Chapter 7 trustee of oil and gas company Cox Operating LLC against the insolvent firm's top brass, denying four motions from 25 defendants to move the case from Louisiana federal district court to Texas bankruptcy court.

  • August 26, 2026

    Ash Miner Ch. 11 Sale To Continue Over Air Regulator Qualm

    Bankrupt soda ash miner Searles Valley Minerals received a favorable ruling Wednesday from a Delaware bankruptcy judge, who said the company can move forward with an all-asset sale process that would allow it to satisfy its air quality regulation obligations monetarily.

  • August 26, 2026

    Camp Mystic Families Say Trustee Is Needed In Ch. 11 Case

    Families of children and counselors who died at Camp Mystic last year told a Texas bankruptcy judge on Wednesday they plan to ask that a trustee be appointed to oversee the debtor's Chapter 11 case, calling Camp Mystic's bankruptcy filing a "tactic" to dodge their wrongful death claims.

  • August 26, 2026

    Mastering The Bankruptcy Practice: Communication Tips

    A newly minted bankruptcy lawyer can come out of law school prepared for many things, but attorneys say there are a considerable number of details not covered in a classroom, from the importance of learning how a bankrupt business works to how to talk a client out of a bad idea.

  • August 26, 2026

    Conscious Content Gets OK For $3M DIP Boost

    A Delaware bankruptcy judge gave interim approval to ed-tech company Conscious Content Media's request for $3 million in additional Chapter 11 financing after the debtor reached a settlement with the creditors committee.

  • August 26, 2026

    Urban Farm Startup 80 Acres Files Ch. 7 With $100M-Plus Debt

    An Ohio-based vertical farming startup, 80 Acres Urban Agriculture, filed for Chapter 7 liquidation in Delaware with several affiliates and listing $100 million to $500 million each in assets and liabilities. 

  • August 25, 2026

    Summer Camp Owner Accused Of $13M COVID Relief Fraud

    Federal prosecutors said Tuesday that 26 summer camps illegally reaped more than $13 million from a COVID-19 relief program after one of their now-bankrupt owners allegedly "repeatedly lied" on loan documents.

  • August 25, 2026

    Salad And Go Gets 5-Member Ch. 11 Creditors Committee

    Defunct drive-thru restaurant chain Salad and Go's unsecured creditors committee includes a mix of trade creditors, food vendors and landlords, the U.S. Trustee's Office has said.

  • August 25, 2026

    Insurance Holding Co. Ch. 11 Plan OK'd With Equity Swap

    Insurance holding firm Hallmark Financial Services on Tuesday received confirmation of its Chapter 11 plan, which calls for cutting about $116 million of the debtor's $135 million of funded debt through a debt-for-equity swap with its lender Hildene Capital Management.

  • August 25, 2026

    Dolphin Co.'s Ex-CEO Opposes Sale Of JV Stake In Ch. 11

    The ex-CEO of the bankrupt parent company of wildlife adventure business The Dolphin Co. and former board members have objected to a $2 million sale of a majority stake in a Mexican park joint venture, saying it is being proposed without testing the value of the asset through an auction.

  • August 25, 2026

    23andMe, Calif. Spar Over Data Claims In Bankruptcy Court

    The bankruptcy trust for DNA testing company 23andMe and the state of California locked horns Tuesday over the debtor's plan to trim the size of claims that the state has asserted over a data breach in 2023.

  • August 25, 2026

    Fannie Mae Seeks Dismissal Of Houston Ch. 11s As Bad Faith

    The Federal National Mortgage Association is asking a Texas bankruptcy judge to dismiss the Chapter 11 cases filed by the operator of two apartment complexes in Houston, arguing they were filed in bad faith to avoid foreclosure sales.

Expert Analysis

  • 2 'Rocket Dockets' And The Rules That Propel Them

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    The fastest civil trial courts in the country are currently in the Eastern District of Virginia and the Southern District of Florida, and their chief judges provide insights into the court rules that keep them ahead, says Robert Tata at Hunton.

  • Your Next Litigation Hold Should Cover AI Chat Logs

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    The Delaware Chancery Court’s recent decision in Fortis Advisors v. Krafton to treat a CEO’s artificial intelligence chats as substantive evidence is being read as a discovery warning to litigators, but there is a second duty-to-preserve lesson that is especially pertinent to in-house counsel, say attorneys at Faegre Drinker.

  • Finding Borrower Risk In The Private Credit Covenant Mix

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    Amid rising caution over private credit defaults, investors and their counsel can gain key insights about borrower risk from the particular combination of financial metrics included in a loan's covenants, not just the number of covenants, say Christopher Armstrong at Stanford University, and Carlo Gallimberti and David Tsui at Analysis Group.

  • Studying Foreign Languages Makes Me A Better Lawyer

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    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

  • NY Times Word Puzzles Make Me A Better Lawyer

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    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

  • Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • Ch. 11 Ruling Raises Bar For Avoiding Default Interest

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    Following a New York bankruptcy court's recent decision in 33 Mako, solvent debtors may find it significantly harder to avoid paying contractual default interest to oversecured lenders under Section 506(b) of the Bankruptcy Code, say attorneys at Benesch.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • How Del. Courts Will Likely Evaluate AI Oversight Claims

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    While no Delaware court has thus far adjudicated a claim based on alleged board failures to oversee artificial intelligence risk, recent Court of Chancery decisions suggest that familiar Caremark principles will be applied in predictable but consequential ways, particularly when AI touches mission‑critical operations, say attorneys at WilmerHale.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • GCs Can Read Debt Cycles To Spot Risk, Opportunity

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    With the conflict in Iran among many other factors that are further unsettling the geopolitical and economic environment, general counsel who understand credit risk and the debt cycle can offer a significant competitive advantage to help companies mitigate enterprise risk, says Samuel Keltner at Akin.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Judge-Led Bankruptcy Mediation Can Be The Best Option

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    Despite industry scrutiny of U.S. Bankruptcy Judge Michael Kaplan's recent decision to mediate the Multi-Color Chapter 11 case over which he was presiding, there is no single federal decision holding flatly against this, and, in the right circumstances, it may even be the best option, says Kenneth Rosen at Ken Rosen Advisors.

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