Mid Cap
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July 28, 2025
UpHealth Moves To Toss Glocal Ch. 11 Dispute
Bankrupt medical tech company UpHealth is urging a Delaware bankruptcy judge to nix a $200 million adversary proceeding launched by Glocal Healthcare in a bitter feud over an ill-fated merger, accusing the Indian digital healthcare services platform of bad faith through a pattern of delay and obfuscation.
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July 28, 2025
Monster.com Can Sell Assets For $69M In Ch. 11
A Delaware bankruptcy judge on Monday gave her approval for CareerBuilder + Monster, an online job search platform, to sell its three lines of business for a combined $68.6 million and tap into the full amount of its $20 million debtor-in-possession financing.
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July 28, 2025
Judge Nixes Puerto Rico Bond Claim, Tilson Sues Gigapower
A New York federal judge ruled that bondholders of Puerto Rico's public electric utility cannot pursue claims against the commonwealth's government. Tilson Technology sued joint venture Gigapower in Texas, claiming a breached contract on major infrastructure work led to its bankruptcy. FTX agreed to drop six Delaware lawsuits seeking to recover $28.75 million in political donations, most of which went to Republican-aligned groups.
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July 28, 2025
Co-Owner Of Georgia Aparments Files Ch. 11 With $25M Debt
MMRE Management-Patriot Place LLC — the minority owner of an apartment complex in Georgia — has sought Chapter 11 protection in a New York bankruptcy court, saying it purchased the property at an inflated price and the apartments have faced mismanagement and foreclosure.
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July 28, 2025
3D Printing Co. Desktop Metal Hits Ch. 11 After Acquisition
Desktop Metal, a 3D printer designer, filed for Chapter 11 bankruptcy in Texas Monday four months after a Delaware lawsuit forced manufacturing technology group Nano Dimension to complete its $183 million acquisition of the company.
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July 28, 2025
Gambling Biz Gets 5-Member Ch. 11 Committee
The Office of the U.S. Trustee has appointed five members to the official committee of unsecured creditors in the Chapter 11 case of Maverick Gaming LLC, a company that runs casinos and other gambling venues.
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July 28, 2025
Jackson Walker Settles Judge Romance Claims For $485K
Jackson Walker LLP has reached a $485,000 settlement with two former bankruptcy clients to resolve a dispute related to the concealed romance of a former partner and former Texas bankruptcy judge David R. Jones, according to a motion filed Friday.
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July 28, 2025
NYC Real Estate Week In Review
Goodwin and Perkins Coie are among various law firms that landed work on the largest New York City real estate deals that hit public records last week, a period that saw a trio of nine-figure deals become public.
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July 28, 2025
Rising Star: Sullivan & Cromwell's Benjamin Beller
Benjamin Beller of Sullivan & Cromwell LLP helped defunct cryptocurrency exchange FTX through its Chapter 11 case and its disputes with other crypto debtors that culminated in a $14 billion-plus reorganization plan, earning him a spot among the bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.
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July 28, 2025
Catching Up With Delaware's Chancery Court
A Delaware vice chancellor last week sent several coordinated derivative suits seeking millions of dollars in damages from AT&T to trial and also chose a boutique firm to lead a potential "blockbuster" suit challenging a take-private deal of a sports and entertainment group after "heated" attacks between competing counsel.
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July 25, 2025
Mining Valve Maker Hits Ch. 11 With Asbestos Liabilities
Valves and Controls US Inc. filed for Chapter 11 protection in Delaware Friday with between $100 million and $500 million in estimated liabilities, saying it is facing more than 2,000 asbestos claims it is planning to settle before winding down.
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July 25, 2025
What's Happening In Bankruptcy Court This Coming Week
During the last week of July, bankruptcy judges will guide hearings that concern issues including confirmation of medical technology company Accelerate Diagnostics' Chapter 11 plan, converting hotel operator MOM CA's bankruptcy case to Chapter 7 and battery recycler Li-Cycle's request for approval of dismissal procedures.
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July 25, 2025
NY Judge OKs Transfer Of Developer's Ch. 11 To Michigan
A federal bankruptcy judge in New York on Friday explained his decision to move the Chapter 11 case of a Detroit hospital developer from his courtroom to Michigan, saying that considerations including the convenience of those involved and the debtor's purpose made the change of venue appropriate.
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July 25, 2025
Charter School Funder Can Sell Business For $80M In Ch. 11
A Delaware bankruptcy judge on Friday allowed Charter School Capital Inc., a company that provides funding for charter schools across the country, to sell its business for $80 million, $15.5 million of that in cash.
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July 25, 2025
Calif. Landlord Files Ch. 11 With Over $50M In Debt
A company that owns an apartment building in California's Central Coast region has launched a Chapter 11 case with between $50 million and $100 million each in assets and liabilities.
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July 25, 2025
Fiber Co. Tilson Cleared To Hold September Ch. 11 Auction
A Delaware bankruptcy judge has approved broadband infrastructure developer Tilson Technology Management Inc.'s plans to hold a Chapter 11 auction for its assets in September as it looks for a stalking-horse bidder.
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July 24, 2025
Fiber Co. Tilson Sues Gigapower For Breach Of Contract
Fiber network developer Tilson Technology Management Inc. has filed a lawsuit in Texas against joint venture Gigapower LLC, alleging wrongful breach of contract tied to large-scale infrastructure projects that ultimately pushed Tilson into bankruptcy.
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July 24, 2025
IRS Can Levy Religious Group's Property, Split 9th Circ. Says
The IRS can impose a lien on an Arizona residential property held by a religious organization to collect unpaid taxes owed by a bankrupt couple who had decision-making authority over the entity's finances and bank account, a divided Ninth Circuit ruled Thursday.
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July 24, 2025
Data Privacy A Growing Concern In Bankruptcies, Panel Says
A panel discussion hosted by the New York City Bar Association touched on data privacy in bankruptcy cases in the wake of 23andMe’s contentious Chapter 11.
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July 24, 2025
Forex Firm Argentex Placed Into Administration
United Kingdom-based currency risk manager Argentex said it has appointed administrators after suffering a "rapid" loss of liquidity amid volatility tied to the U.S. trade war.
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July 24, 2025
Hedge Fund Founder Fights To Keep His Own Ch. 11 In Florida
The founder of insolvent hedge fund Weiss Multi-Strategy Advisers has asked a New York bankruptcy judge to not transfer his personal bankruptcy case out of Florida, arguing that is where his primary residence is and that his firm's New York case is winding down.
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July 24, 2025
Richards Layton Names Bankruptcy, Litigation Leaders
Delaware firm Richards Layton & Finger PA has named two partners who have each spent more than 20 years at the firm to serve as leaders of its bankruptcy and corporate restructuring and litigation departments.
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July 23, 2025
Lender Seeks End To NY Developer's 2nd Ch. 11 Try
A prospective developer of a Westchester County, New York, property has filed for Chapter 11 protection in a New York bankruptcy court with more than $10 million in debt and a mortgage provider seeking to dismiss the case, saying it's an attempt to dodge a foreclosure sale.
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July 23, 2025
Dolphin Co. Unit Nears Court Approval Of Bid Procedures
A Delaware bankruptcy judge said Wednesday she will approve the bidding procedures that an insolvent subsidiary of The Dolphin Co. proposed for a sale of all its assets, once the debtor makes certain revisions to its requests.
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July 23, 2025
Charter School Funder's Creditor Blasts Ch. 11 Depo Bid
Charter School Capital Inc.'s largest unsecured creditor has asked a Delaware bankruptcy judge to throw out the debtor's bid to depose its principal, arguing the request is "obvious retaliation against" the investor's attempt to slow the charter school funding firm's proposed sale process.

Meet The Attys Guiding IG Design Through Ch. 11, Asset Sale
Gift wrap manufacturing giant IG Design Group Americas Inc. has called upon a team of attorneys from Latham & Watkins LLP to help the debtor find a buyer for its assets and wind down in Chapter 11.

Debt Burdens, Revenue Drop Led Pet Care App Wag! To Ch. 11
Persistent unprofitability, revenue declines related to the COVID-19 pandemic, mounting debt and failed restructuring efforts led the company behind pet care app Wag! to file for bankruptcy.

Under The Radar: Bankruptcy News You May Have Missed
The Chapter 11 trustee overseeing Chinese exile Miles Guo's bankruptcy won a $33 million mansion for the estate. An insolvent real estate investment firm in New Jersey launched an adversary action seeking to block a $21 million secured claim. And members of the U.S. House of Representatives introduced their version of legislation preventing treatment of DNA as an ordinary bankruptcy asset.
Expert Analysis
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Ohio Banking Brief: All The Notable Legal Updates In Q2
Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.
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Law School's Missed Lessons: Skillful Persuasion
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.
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Special Committees Gain Traction In Chapter 11 Investigations
Excerpt from Practical Guidance
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.
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Ch. 7 Ruling Is Warning For Merchant Cash Advance Providers
A New York bankruptcy court’s recent ruling in favor of a Chapter 7 trustee for the bankruptcy estate of JPR Mechanical shows merchant cash advance providers why superficial agreement labels will not shield against preference liability, and serves as a guidepost for future contract drafting, say attorneys at Eversheds Sutherland.
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Law School's Missed Lessons: Navigating Client Trauma
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.
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4 Former Justices Would Likely Frown On Litigation Funding
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.
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GENIUS Act Could Muck Up Insolvency Proceedings
While some of the so-called GENIUS Act's insolvency provisions are straightforward, others run the risk of jeopardizing the success of stablecoin issuers' insolvency proceedings and warrant another look from Congress, say attorneys at Morgan Lewis.
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Playing The Violin Makes Me A Better Lawyer
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.
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Law School's Missed Lessons: Practicing Self-Care
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.
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ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'
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.
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My Opera And Baseball Careers Make Me A Better Lawyer
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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8 Ways Lawyers Can Protect The Rule Of Law In Their Work
Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.
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Despite Dark Clouds, Outlook For US Solar Has Bright Spots
While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.