Mid Cap

  • July 17, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A health insurance brokerage will vie for confirmation of its Chapter 11 plan. A medical spa management firm will seek to convert its case to a liquidation. And a Texas bankruptcy judge will consider TGI Fridays' $220,000 settlement with claimants alleging they were fired improperly.

  • July 17, 2026

    US Trustee Says MMA Law's Ch. 11 Plan Shields Insiders

    The U.S. Trustee's Office has urged a Texas bankruptcy judge to reject MMA Law Firm's Chapter 11 liquidation plan, arguing that it improperly seeks to extend bankruptcy protections to nondebtor individuals, including the firm's founder, and requires estate funds to pay health insurance premiums for insiders.

  • July 17, 2026

    Bankrupt Pa. City Can Keep Disputed Revenue, 3rd Circ. Says

    The Third Circuit ruled Friday that the bankrupt city of Chester, Pennsylvania, gets to keep income from a casino, a trash incinerator and other sources that secured its debt, finding that its creditors' liens on the revenues did not survive Chester's Chapter 9 filing.

  • July 17, 2026

    7th Circ. Admonishes Atty Over 'Astonishing' Bogus Citations

    The Seventh Circuit has admonished but declined to sanction an attorney for a brief that included what a judge called "an astonishing number of erroneous and even hallucinated citations."

  • 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.

Expert Analysis

  • Racing Corvettes Makes Me A Better Lawyer

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    The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome.

  • Attorneys Must Act Now To Protect Judicial Independence

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    Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • How Design Thinking Can Help Lawyers Find Purpose In Work

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    Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.

  • Competitive Weightlifting Makes Me A Better Lawyer

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    The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law.

  • Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

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    The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable mootness doctrine, and may set up a U.S. Supreme Court review of the doctrine in the near future, say attorneys at Cleary.

  • Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.

  • Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • Ch. 11 Ruling Confirms Insurer Standing Requirements

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    A New York bankruptcy court's recent decision in the Syracuse Diocese's Chapter 11 case indicates that insurers have misread the U.S. Supreme Court’s 2024 ruling in Truck Insurance Exchange v. Kaiser Gypsum and that federal standing requirements remain unaltered, say attorneys at Lowenstein Sandler.

  • AI Will Soon Transform The E-Discovery Industrial Complex

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    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

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