Mid Cap

  • July 23, 2026

    Crypto Miner Poolin Hits Ch. 11 After China Ban, Market Slump

    Bitcoin miner Poolin Technology filed for Chapter 11 protection in New Jersey bankruptcy court with more than $173 million in liabilities and plans for an asset sale, pointing to price volatility and a Chinese ban on cryptocurrency mining.

  • July 23, 2026

    RBS Hit With £73M Claim Over Rockfire Solar Bond Transfers

    A collapsed investment company has sued the Royal Bank of Scotland for more than £73 million ($97 million), accusing the lender of allowing cash earmarked for solar farms to be siphoned off by the company's director.

  • July 22, 2026

    Parents Lament Bidder In Summer Camp Bankruptcy Sale

    As bankrupt SIMAD Holdings pushes forward with quick sales of the summer camps it owns, distraught parents whose children attend one camp in New York have expressed deep concerns about the process and the outside organization that has made a stalking horse bid.

  • July 22, 2026

    NY Castle Owner Says Sale Efforts Justify Ch. 11

    The entity behind a century-old castle on the Gold Coast of New York's Long Island has defended its Chapter 11 case against a dismissal motion from the U.S. Trustee's Office, arguing the estate was not losing value and that it was making progress toward a sale.

  • July 22, 2026

    Restaurant Expansion Hastened NJ's Exit Zero Into Ch. 11

    Mounting debt incurred from a small New Jersey publisher's expansion into a restaurant operation that was adversely affected by the COVID-19 pandemic, subsequent inflation, and rising operating costs led Exit Zero Publishing to file for Chapter 11 Subchapter V protection with approximately $1.8 million in liabilities.

  • July 22, 2026

    Co. Turned Away Simpson Thacher's Deal Meeting, Jury Told

    A retired Simpson Thacher & Bartlett LLP partner who handled the fundraising round alleged to have destroyed Patriot National Inc. testified in a Florida state malpractice trial Wednesday that the insurance services company waved off his attempt to present details to the board.

  • July 22, 2026

    Gene Therapy Co. Inks Better Ch. 11 Financing Deal

    Sangamo Therapeutics on Wednesday told a Delaware bankruptcy judge it has negotiated new Chapter 11 financing that will provide the biotechnology company with more money at a lower interest rate and asked permission to take out the new loan.

  • July 22, 2026

    Joonko Shareholders To Access Unsealed Fraud Report

    A Delaware bankruptcy judge has allowed some shareholders of bankrupt AI staffing firm Joonko Diversity Inc. to subpoena the insolvency plan administrator for access to the unsealed version of a report investigating potential claims against the firm's board of directors.

  • July 21, 2026

    Hudson Hotel Co. Wants Another Plan Deadline Extension

    A company connected to the former Hudson Hotel in downtown Manhattan has asked the Delaware bankruptcy court to again extend the period in which only it can file a Chapter 11 reorganization plan, this time for another 70 days.

  • July 21, 2026

    Heritage Coal Trustee Says Ex-Owners Hid Fraud

    The liquidating trustee for Heritage Coal and the company that acquired it has sued the mining firm's former owner in Delaware bankruptcy court, accusing them of costing the new owner millions of dollars by concealing that they had been secretly shipping low-grade coal to Heritage's largest customers for years.

  • July 21, 2026

    Subprime Lender CashCall Hits Ch. 11 With Over $400M In Debt

    CashCall Inc., a subprime lender that once made loans with interest rates exceeding 130%, has filed for Chapter 11 protection in a California bankruptcy court facing legal judgments that total more than $400 million.

  • July 21, 2026

    Bankruptcy Group Pushes Axing Ch. 15's U.S. Property Rule

    A group of bankruptcy experts has proposed removing the U.S. property requirement for foreign debtors seeking recognition of their foreign insolvency proceedings, a requirement the experts said was never intended for Chapter 15 cases.

  • July 21, 2026

    Catching Up With New Bankruptcy Case Action

    A North Carolina energy efficiency aggregator sought bankruptcy protection after it was hit with a more than $1 billion civil penalty, an insurance group filed for Chapter 11 after recent litigation disrupted its business, and a Malibu mansion development filed for bankruptcy protection. Here are some of the latest insolvency filings from across the country.

  • July 21, 2026

    Simpson Thacher Caused 'Chaos' With Deal, Jury Hears

    The former chief financial officer of Patriot National Inc. testified to a Florida jury on Tuesday that "chaos" broke loose as funds that Simpson Thacher helped steward for the insurance services company hit public markets and executives found out that its terms differed from their understanding of them.

  • July 21, 2026

    Alachua's Ch. 11 Liquidation Approved With DOD Claim Deal

    Biotechnology group Alachua Government Services received confirmation Tuesday of its Chapter 11 plan from a Delaware bankruptcy judge after reaching an agreement to resolve a dispute over a $147 million claim from the U.S. Department of Defense.

  • July 21, 2026

    A&O Shearman Hires Davis Polk Restructuring Pro In NY

    Allen Overy Shearman Sterling has hired a former Davis Polk & Wardwell LLP counsel as a restructuring partner in New York.

  • July 21, 2026

    Med Spa Owner GVO Gets OK To Shift To Ch. 7 Liquidation

    A Delaware bankruptcy judge on Tuesday greenlighted GVO Partners' request to convert its Chapter 11 case to a Chapter 7 liquidation after counsel for the medical spa firm reported that the debtor had run out of cash.

  • July 20, 2026

    Vending Co. Boss Accused Of $200M Scam Faces 2027 Trial

    A New York federal judge Monday set a 2027 trial date for the former owner of a now-bankrupt water vending company accused of a $200 million Ponzi scheme backed in part by a large-scale bond fraud that bilked institutional investors in a Jefferies-controlled hedge fund.

  • July 20, 2026

    Creditor Says Med Spa Owner Needs Ch. 11 Trustee

    A secured creditor of medical spa management and investment firm GVO Partners has urged a Delaware bankruptcy judge to place the debtor's estate in the hands of a Chapter 11 trustee, alleging mismanagement of the company.

  • July 20, 2026

    Simpson Thacher Points To Audit Issues In Malpractice Trial

    A corporate founder seeking more than $100 million in a malpractice case against Simpson Thacher & Bartlett LLP endured a withering cross-examination in Florida state court Monday over his companies' money flows and an auditor's refusal to certify their financial statements two years after the fundraising transaction he believes the firm botched.

  • July 20, 2026

    Meet The Attys Guiding Rhode Island Jail Operator's Ch. 11

    A team of Troutman Pepper Locke LLP and Partridge Snow & Hahn LLP attorneys is leading a Rhode Island jail operator with a contract to hold federal immigration detainees through Chapter 11.

  • July 20, 2026

    Jackson Walker, US Trustee Denied Delay In Romance Dispute

    Jackson Walker LLP and the U.S. Trustee's Office, grappling with the aftermath of a romantic relationship between one of the firm's former partners and a then-bankruptcy judge, will not be able to delay pretrial proceedings to continue negotiating a possible settlement, a judge ruled Monday.

  • July 20, 2026

    QVC Gets Plan OK, Weil Names Global Restructuring Chair

    Home shopping network QVC secured approval for its Chapter 11 plan, Weil Gotshal & Manges LLP announced its choice for the new role of global restructuring chair, and watch designer and manufacturer E. Gluck obtained the go-ahead for its Chapter 11 liquidation plan.

  • July 20, 2026

    NYC Building Owner Seeks $8.6M Ch. 11 Sale Approval

    New York luxury property broker Ilan Bracha is under contract to buy a Manhattan mixed-use building in a bankruptcy for at least $8.6 million, after the death of a property owner in 2024 triggered a foreclosure action from a lender.

  • July 20, 2026

    Insurance Co. Alea Holdings Hits Ch. 11 With $280M In Debt

    Alea Holdings US Co., a unit of Bermuda-based insurance group Catalina Holdings, has filed for Chapter 11 protection in a Texas bankruptcy court with roughly $280 million in funded debt, saying it plans to use the case to push through a $20 million deal with a major creditor.

Expert Analysis

  • Playing Guitar Makes Me A Better Lawyer

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    Being a lawyer not only requires logic and hard work, but also belief, emotion, situational awareness and lots of natural energy — playing guitar enhances all of these qualities, increasing my capacity to do my best work, says Kosta Stojilkovic at Wilkinson Stekloff.

  • Crisis Management Lessons From The Parenting Playbook

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    The parenting skills we use to help our kids through challenges — like rehearsing for stressful situations, modeling confidence and taking time to reset our emotions — can also teach us the fundamentals of leading clients through a corporate crisis, say Deborah Solmor at the Wisconsin Alumni Research Foundation and Cara Peterman at Alston & Bird.

  • Immunity Waiver Ruling A Setback For Ch. 7 Trustees

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    While governmental units should welcome the U.S. Supreme Court's recent decision in U.S. v. Miller restricting the reach of the Bankruptcy Code's sovereign immunity waiver, Chapter 7 trustees now have a limited ability to maximize bankruptcy estates, says Dan Prieto at Jones Day.

  • 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.

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