Mid Cap

  • September 22, 2026

    Yardbird Can Tap $5.4M Ch. 11 Loan To Pursue Asset Sale

    Casual Southern dining chain Yardbird on Tuesday received a Delaware bankruptcy judge's interim approval to get a taste of its $5.4 million in Chapter 11 financing as the debtor prepares to run a sale process for its restaurant operations.

  • September 22, 2026

    Pachulski Stang Names NY Leader As 1st Firm Chair

    Bankruptcy and restructuring boutique Pachulski Stang Ziehl & Jones LLP announced Tuesday it has named its first firm chair, as one of its co-founder steps away from day-to-day management and the firm looks to transition to its next generation.

  • September 22, 2026

    Wendy's Says 314-Store Franchisee Lost Rights Before Ch. 11

    Wendy's Co. told a Michigan bankruptcy court that one of its largest U.S. franchisees lost the right to operate 314 restaurants before filing for Chapter 11 protection, arguing that the franchise agreements had been validly terminated and are no longer part of the debtor's bankruptcy estate.

  • September 22, 2026

    9th Circ. Names Downey Brand Atty To Calif. Bankruptcy Court

    The Ninth Circuit has named a longtime bankruptcy partner at the firm Downey Brand LLP to the bankruptcy bench in the Eastern District of California, the appellate court has announced.

  • September 21, 2026

    Summer Camp Operator Says Cash Advances Were Loans

    The insolvent company that ran dozens of summer camps in several states is asking a New Jersey bankruptcy judge to find the financing agreements it had entered shortly before it sought Chapter 11 protection were actually loans, instead of a true sale of future receivables, as a merchant cash advance provider has argued.

  • September 21, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week dismissed a challenge to Alteryx Inc.'s $4.4 billion take-private sale, resolved a fight over the removal of a security technology company's director and declined to let Empery Digital Inc. immediately appeal a proxy contest ruling.

  • September 21, 2026

    23andMe Can Estimate Calif. Claims, But Only For Reserve

    A Missouri federal judge Monday partially granted a bid by 23andMe's bankruptcy trust to assess the value of data breach claims brought by the state of California, saying he would let the trust value the state's alleged damages only for the purpose of setting up a reserve for disputed claims.

  • September 21, 2026

    Spirit's Ch. 11 Sale Offers AI New Data, With Privacy Concerns

    A bid by Google to buy data from defunct Spirit Airlines could signal the opening of a new frontier for monetizing assets in bankruptcy cases, but there are questions about how useful the data will actually be to a buyer — especially if too much personally identifiable information ends up being purged due to privacy concerns, experts told Law360.

  • September 21, 2026

    House OKs Debt Limit Bill, Lugano Gets Ch. 11 Plan Approval

    The U.S. House of Representatives passed a bill to restore higher debt limits for streamlined bankruptcies, jewelry house Lugano Diamonds obtained confirmation of its Chapter 11 plan and a Texas bankruptcy judge said she would approve a settlement in Genesis Healthcare's insolvency case.

  • September 21, 2026

    Spanish Steel Co. Tubos Reunidos Gets Ch. 15 Recognition

    Tubos, a steel pipe maker, received Chapter 15 recognition of its Spanish insolvency proceeding Monday at a hearing in Texas bankruptcy court.

  • September 21, 2026

    Womble Bond Plants Flag In Florida With Jacksonville Shop

    Womble Bond Dickinson announced Monday that it has opened an office in Jacksonville, its first in Florida, with a three-member team of bankruptcy and restructuring attorneys anchoring the new location.

  • September 21, 2026

    Judge OKs Up To $3.2M In BioXcel Employee Ch. 11 Bonuses

    A Delaware bankruptcy judge approved employee retention and executive incentive payments that could total up to $3.2 million as AI-bolstered pharmaceutical group BioXcel works to sell its assets in Chapter 11.

  • September 21, 2026

    Yardbird Southern Dining Chain Hits Ch. 11 With $50M Debt

    Elevated casual dining chain Yardbird Group LLC filed for Chapter 11 protection Monday in Delaware, listing $25 million of secured debt obligations and another $25 million in unsecured claims as it pursues a sale of its business.

  • September 18, 2026

    Owner Of 300+ Wendy's Franchises Hits Ch. 11 In Mich.

    The owner of over 300 Wendy's restaurants has filed for Chapter 11 bankruptcy protection in Michigan with $10 million to $50 million in debt after years of shrinking margins.

  • September 18, 2026

    Texas Oil Exec Asks 5th Circ. To Ax 'Lopsided' $210M Verdict

    Exxon-acquired company InterOil's founder has urged the Fifth Circuit to reverse his $210 million loss in a lengthy Texas battle with a Swiss financier, arguing it resulted from a "lopsided" trial with sleeping and distracted jurors and a "cascading series of prejudicial errors" that wrongly allowed his ex-lawyer to testify.

  • September 18, 2026

    Asbestos Claimants Ask Justices To Take On 'Texas Two-Step'

    Claimants alleging they developed mesothelioma after working with asbestos-infused products made by CertainTeed have urged the U.S. Supreme Court to decide whether financially healthy corporations can use a "Texas two-step" bankruptcy filing to spin off their tort liabilities, asking the justices to review a Fourth Circuit ruling against them.

  • September 18, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Los Angeles hospital will seek continued use of cash collateral, a Texas bankruptcy judge will consider lease rejections in a Tex-Mex chain's Chapter 7 and another will hold a status conference in the bankruptcy of Dish.

  • September 18, 2026

    SoHo Building Can Keep Control Of Chapter 11 Case

    A New York bankruptcy judge rejected a U.S. Trustee's Office request to appoint a trustee in the Chen Foundation's Chapter 11 as the bankrupt owner of a mixed use building in Manhattan's SoHo neighborhood looks to confirm a plan next month.

  • September 18, 2026

    Simply Interior Gets OK For Litigation, Wind-Down Ch. 11 Plan

    A Delaware bankruptcy judge Friday said he would approve a Chapter 11 liquidation plan from home textile and decor company Simply Interior Homes that will establish a liquidating trust intended to pay creditors with litigation proceeds.

  • September 18, 2026

    NJ Event Venue Reworking Ch. 11 Plan After Funding Shortfall

    The company behind a New Jersey event venue called The Chariot is working to update its Chapter 11 plan after the financing it was expecting did not come together, saying Friday it is still hoping to get a plan confirmed in October.

  • September 18, 2026

    Magnesium Miner Seeks Oct. Auction With $16.75M Baseline

    Bankrupt Utah mining company U.S. Magnesium is asking a Delaware bankruptcy judge for permission to put its remaining facilities on the block in October with a baseline bid of $16.75 million in cash.

  • September 18, 2026

    Judge OKs Ch. 11 Plan Transferring Dallas Hospital

    A Texas bankruptcy judge Friday signed off on Dallas hospital operator White Rock Medical Center LLC's Chapter 11 plan, allowing the debtor to hand ownership of the facility to a deal sponsor that is providing $1.5 million in exit financing.

  • September 18, 2026

    Carlton Fields Can Fight For Fees In Miss America Case

    A Florida federal judge has ruled that Carlton Fields can intervene in a dispute involving its charging lien for unpaid legal fees in a $500 million fight over the ownership of the Miss America competition, saying the firm has a "sufficient interest" to intervene.

  • September 18, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Victoria's Secret and Thomas Pink file competing IP claims, more than 1,000 retail consumers launch a group action against Binance, Baker Hughes targeted in a commercial claim by its former Russian subsidiary and university students hit four British institutions with breach of contract claims over pandemic-era closures.

  • September 17, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A New Mexico industrial property reached a deal on a proposed $30 million sale order, New Fortress Energy announced the end of its restructuring and Warrior Technologies asked for more time to file a Chapter 11 plan.

Expert Analysis

  • Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

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    Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.

  • Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

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