Mid Cap

  • July 15, 2026

    Weil Appoints Its First Global Chair Of Restructuring

    Weil Gotshal & Manges LLP announced on Wednesday that U.S. restructuring co-chair Matt Barr will assume the newly created role of global restructuring chair.

  • July 14, 2026

    4th Circ. Sends $166M Arbitral Judgment Back To Trial Court

    The Fourth Circuit ruled Tuesday that a trial court must determine if a $166 million arbitral award against convicted insurance mogul Greg Lindberg can stand under North Carolina law, reversing a lower court's confirmation of the award under the Federal Arbitration Act.

  • July 14, 2026

    Dolphin Park Co. Slams Ex-CEO's Ch. 11 Dismissal Bid

    Dolphin park owner Leisure Investments has asked a Delaware bankruptcy judge to reject a motion its onetime CEO filed seeking dismissal of the company's bankruptcy case, contending he grossly misrepresented the results of court proceedings in Mexico. 

  • July 14, 2026

    Alex Jones' Co. Balks At Sandy Hook Victims' Stay Appeal

    Right-wing conspiracy theorist Alex Jones' media company has urged the Texas Supreme Court to reject a bid by victims of the Sandy Hook Elementary School shooting to license his website, Infowars, to The Onion, arguing the request is defective and the satire publication is already damaging the brand.

  • July 14, 2026

    Bike Seller Says IRS' Undervaluation Caused $3M Deficiency

    A California bicycle seller told the U.S. Tax Court that the IRS' faulty appraisal of its value caused the agency to mischaracterize a transaction with its parent company as a discharge of indebtedness and a $15.5 million income increase, leading to a $3.3 million deficiency assessment.

  • July 14, 2026

    Catching Up With New Bankruptcy Case Action

    A Brazilian environmental cleanup company sought bankruptcy court recognition for a $1 billion restructuring in its home country. The owner of a defunct Pennsylvania boarding school re-entered Chapter 11. And a Rhode Island jail operator filed for bankruptcy.

  • July 14, 2026

    Watchmaker E. Gluck Gets OK For Ch. 11 Liquidation Plan

    A New York bankruptcy judge Tuesday gave final approval to watch designer and manufacturer E. Gluck's Chapter 11 liquidation plan, setting it up to exit a bankruptcy that followed shifting consumer demand and macroeconomic headwinds affecting the business.

  • July 14, 2026

    US Trustee Flags Adviser Releases In Mining Co.'s Ch. 11

    The Department of Justice's bankruptcy watchdog urged a Delaware bankruptcy judge to reject mining operation Searles Valley Minerals' bid to hire Ankura as its restructuring adviser, saying its engagement letter contains improper liability limitations.

  • July 14, 2026

    Meet The Attorneys Advising SIMAD's Creditors Committee

    A team of lawyers from McDermott Will & Schulte and Robinson & Cole LLP is guiding the unsecured creditors committee in summer camp company SIMAD Holdings' bankruptcy.

  • July 14, 2026

    Inotiv Gets Judge's OK For Ch. 11 Plan, Disclosure

    A Texas bankruptcy judge Tuesday gave final approval to drug research and development company Inotiv Inc.'s Chapter 11 plan disclosure statement, as well as his permission to implement the plan.

  • July 14, 2026

    Camp Mystic Families Say Ch. 11 Stay Doesn't Shield Owners

    The families of children and counselors who died at Camp Mystic last year have urged a Texas bankruptcy judge to enter an order confirming that the debtor's Chapter 11 automatic stay does not apply to their claims against individuals including camp owners, executives and others involved in management.

  • July 14, 2026

    States Will Get $18M From 23andMe Ch. 11 For Data Breach

    A week after a bankruptcy court approved a $46.75 million settlement between the DNA testing company 23andMe and data breach claimants, a coalition of more than 40 states announced Tuesday that they would share in an additional $18 million to resolve claims of unreasonable security practices.

  • July 14, 2026

    ProPhase Units Strike Tentative Deal To Avert Ch. 7 Push

    Three ProPhase Labs entities that provided COVID-19 testing services reached a tentative $900,000 settlement with a creditor that had moved to dismiss the entities' Chapter 11 cases or convert them to a Chapter 7 liquidation.

  • July 13, 2026

    Portofino Says Citadel Used Dismissal To Fuel Press Campaign

    Portofino Technologies has accused Citadel Securities of using its decision to drop its trade secrets lawsuit against the Swiss cryptocurrency trading firm as an opportunity to drum up bad press about Portofino, and papering over the fact that an $8 million judgment it won in the dispute is a "pyrrhic victory."

  • July 13, 2026

    Del. Judge Eyes Ruling In NS8 Ex-CEO Fraud Clawback

    A Delaware bankruptcy judge said he would move toward issuing a decision in the Chapter 11 adversary proceeding against the convicted co-founder and former CEO of NS8 Inc. now that briefing has been completed, rather than waiting for a potential settlement.

  • July 13, 2026

    Checking In On Northern Calif. Diocese's Ch. 11 Talks

    A bankrupt diocese located north of San Francisco has hurled a challenge at its insurers as it attempts to mediate its way to a Chapter 11 reorganization plan, saying the church is prepared to take a page out of another bankrupt Catholic institution's book and move forward without holdout insurers.

  • July 13, 2026

    Serta Lenders Win $400M, 23andMe Breach Deal OK'd

    A Texas court ruled that lenders excluded from Serta Simmons Bedding's uptier restructuring are owed more than $400 million. A Missouri judge approved a $46.7 million data breach settlement for 23andMe claimants, while the Second Circuit ruled an investor can keep its Bed Bath & Beyond stock profits. Linqto won approval to pay off its Chapter 11 loan with securities, and Viridis Chemical got its Chapter 11 liquidation plan confirmed after its asset sale.

  • July 13, 2026

    Residential Real Estate Manager Hits Ch. 11 In Texas

    Residential real estate management company Louis Investments LLC has filed for Chapter 11 in Texas bankruptcy court with assets that have an estimated value between $10 million and $50 million.

  • July 13, 2026

    23andMe Bankruptcy Plan Bars Data Breach Suit In Calif.

    A Missouri bankruptcy judge has told attorneys representing California the state can no longer press its data breach lawsuit against the reorganized 23andMe, finding the state court action is barred by the company's confirmed Chapter 11 plan.

  • July 13, 2026

    Jackson Walker Settlements Over Judge Romance Get Greenlit

    A Texas bankruptcy judge has recommended approval of nine settlements regarding legal fees paid to Jackson Walker LLP connected to a former firm partner's romantic relationship with a then-bankruptcy judge, with the firm agreeing to pay $4.79 million in total, including $1.4 million to the estate of J.C. Penney.

  • July 13, 2026

    Rhode Island Jail Operator Files Ch. 11 With $169M Debt

    A Rhode Island jail operator with a contract to hold federal immigration detainees has filed for Chapter 11 protection in Rhode Island bankruptcy court with an agreement on a restructuring plan to end years of litigation and cut nearly two-thirds of its $169 million in debt.

  • July 13, 2026

    50 Cent Says Ex-Staffer's Retaliation Suit Has No Place In Ga.

    Rapper 50 Cent urged a Georgia federal court to toss a former assistant's suit alleging she was fired and repeatedly harassed because she refused to falsely accuse his bodyguard of theft, arguing his Texas residency prevents the court from having jurisdiction over the case.

  • July 13, 2026

    Exactech Suit Officially Dropped After $8M Bankruptcy Deal

    An Alabama federal court has tossed a False Claims Act lawsuit against orthopedic implant maker Exactech, after the parties reached an $8 million settlement last year in the company's bankruptcy.

  • July 10, 2026

    Judge Says $57M Asset Freeze Skips 8 In Chapter 7 Clawback

    A Connecticut federal judge clarified that her recent ruling putting a hold on $57.4 million in clawback litigation from the Chapter 7 trustee of pump manufacturer The Nash Engineering Co. does not apply to eight defendants who were not initially served notice of a prejudgment remedy motion.

  • July 10, 2026

    Team Systems Ch. 7 Trustee Lays Out Fraud Allegations

    The Chapter 7 trustee of bankrupt government contractor Team Systems International on Friday outlined his fraud allegations against the company's former leadership during closing arguments in a $14 million clawback case, saying firm insiders made the transfers to themselves without providing an equivalent return of value to the business.

Expert Analysis

  • When Innovation Overwhelms The Rule Of Law

    Author Photo

    In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.

  • Adventure Photography Makes Me A Better Lawyer

    Author Photo

    Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.

  • How Ch. 11 Can Alleviate Merchant Cash Advance Concerns

    Author Photo

    Merchant cash advance funding is one of the biggest challenges for small businesses today because funders are so prevalent, aggressive and expensive, but bankruptcy can provide several tools for dealing with MCA agreements that may allow the debtor business to restructure and survive, says Patricia Fugée at FisherBroyles.

  • 5 Ways To Create Effective Mock Assignments For Associates

    Author Photo

    In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.

  • 8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.

    Author Photo

    A Delaware bankruptcy court’s recent decision, examining trucking company Yellow Corp.’s abrupt termination of roughly 25,500 employees, offers financially distressed businesses a road map for navigating layoffs under the Worker Adjustment and Retraining Notification Act, say attorneys at King & Spalding.

  • Mentorship Resolutions For The New Year

    Author Photo

    Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.

  • Coaching Little League Makes Me A Better Lawyer

    Author Photo

    While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

  • 5 Litigation Funding Trends To Note In 2025

    Author Photo

    Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.

  • Rethinking Litigation Risk And What It Really Means To Win

    Author Photo

    Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.

  • Playing Rugby Makes Me A Better Lawyer

    Author Photo

    My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.

  • No, Litigation Funders Are Not 'Fleeing' The District Of Del.

    Author Photo

    A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.

  • 5 E-Discovery Predictions For 2025 And Beyond

    Author Photo

    In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.

  • 7 Ways 2nd Trump Administration May Affect Partner Hiring

    Author Photo

    President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Mid Cap archive.