Mid Cap

  • August 14, 2026

    Disbarred Fla. Atty Blames Firm For Lost $40M Ch. 11 Claim

    A disbarred attorney has sued his former counsel for alleged malpractice in Florida state court, saying he lost money after his $40 million claim was left unsecured in a federal bankruptcy proceeding for his company.

  • August 14, 2026

    Rising Star: Paul Weiss' John Weber

    John Weber of Paul Weiss Rifkind Wharton & Garrison LLP advised global communications software firm Mitel's $1.3 billion restructuring and Roomba maker iRobot's prepackaged Chapter 11 restructuring, which equitized approximately $265 million in debt, earning him a spot among the bankruptcy law practitioners under 40 honored by Law360 as Rising Stars.

  • August 13, 2026

    Israeli Company Must Face $30M Quinn Emanuel Fee Suit

    An Israeli company and its CEO must face Quinn Emanuel Urquhart & Sullivan LLP's suit seeking to collect payment of more than $30 million for legal work the firm performed to force the company to acquire the law firm's former client, a Massachusetts state court judge ruled.

  • August 13, 2026

    Ex-Judge Sontchi To Mediate FlexShopper Ch. 11 Plan Fight

    Rent-to-own furniture and appliance company FlexShopper and its creditors will meet with a mediator, retired U.S. Bankruptcy Judge Christopher S. Sontchi, to work out their differences over a Chapter 11 plan of liquidation, a Delaware bankruptcy judge ordered Thursday. 

  • August 13, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Entrust Energy reached a $99 million settlement with Shell Energy over a breach of contract dispute stemming from winter storm Uri in Texas. Del Monte Foods sued its metal can supplier, alleging defective cans caused significant losses. Spirit Airlines selected JetBlue as the buyer of its flight training equipment for $2.7 million.

  • August 13, 2026

    Lurin Judge Voices Doubts About Ch. 11 Plan

    A Texas bankruptcy judge Thursday declined to make a decision on the disclosure statement of an insolvent affiliate of real estate company Lurin LLC, saying he had doubts as to whether the debtor should proceed with a plan.

  • August 13, 2026

    Rising Star: Lowenstein Sandler's Colleen Restel

    Colleen M. Restel of Lowenstein Sandler LLP helped lead the charge of sex abuse claimants seeking redress in Catholic Church bankruptcies and represented creditors settling with TPI Composites Inc. in its Chapter 11, earning her a spot among the bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 13, 2026

    FreshRealm Gets OK To Take Votes On Ch. 11 Plan

    A New Jersey bankruptcy judge Thursday conditionally approved food kit and meal service provider FreshRealm's disclosure statement, allowing the debtor to solicit votes on its Chapter 11 reorganization proposal.

  • August 13, 2026

    Cole Schotz Adds Corporate Attorney From Gellert Seitz

    Cole Schotz PC has brought on an attorney in Delaware from Gellert Seitz Busenkell & Brown LLC who specializes in handling corporate, securities and bankruptcy-related disputes.

  • August 12, 2026

    The Joy And Agony Behind The 5-Day Summer Camp Auction

    There were tears of joy and sorrow. Cigarette breaks. Some screaming. But after five intense days of nearly round-the-clock work, a bankruptcy auction of 23 summer camps raised $377 million and will see many of the properties go to the people who have long run them.

  • August 12, 2026

    9th Circ. Upholds Ex-ITT Students' $12M Loan Fraud Win

    The Ninth Circuit Wednesday affirmed a $12 million judgment to former students of bankrupt for-profit college ITT Education Services Inc., saying their RICO claims against student loan servicers weren't time-barred because evidence showed the students had no way of knowing they were being scammed more than four years before they filed suit.

  • August 12, 2026

    July Bankruptcies Up Year On Year, Led By 24% Sub V Bump

    As bankruptcies overall rose, streamlined small business bankruptcies were up almost a quarter in July from filings in the same month last year — but down compared to June of this year, according to new data.

  • August 12, 2026

    Judge Says NS8 Ex-CEO Owes At Least $68M In Suit

    A Delaware bankruptcy judge declared that the convicted co-founder and former CEO of NS8 Inc. owes at least about $68 million to the litigation trustee appointed under the cybersecurity company's bankruptcy plan.

  • August 12, 2026

    Pittsburgh's Oldest Brewery Ends Ch. 11 As Sale Looms

    A Pennsylvania bankruptcy judge on Wednesday agreed to end a Chapter 11 case filed by Pittsburgh's purported oldest brewery, which claims there's no possibility of continued operation under its current ownership but that there is a property buyer on the horizon.

  • August 12, 2026

    Rising Star: Cleary's Thomas Kessler

    Thomas Kessler of Cleary Gottlieb Steen & Hamilton LLP guided airline Azul's Chapter 11 plan as counsel to the ad hoc secured creditor group that sponsored the plan, as well as helped crypto company Genesis repay customers in kind with cryptocurrency to generate $4 billion in creditor recoveries, earning him a spot among the bankruptcy practitioners under age 40 honored by Law360 as Rising Stars.

  • August 12, 2026

    Weil Leader: NYC Class A Office Having Year Of The Century

    New York City is having the strongest Class A office leasing year this century, one of Weil's real estate leaders told Law360 Real Estate Authority in a recent interview.

  • August 12, 2026

    Utility Project Co. Tetrad Enterprises Hits Ch. 11 In Puerto Rico

    Tetrad Enterprises LLC, a project development company focused on large-scale utility and infrastructure projects, filed for Chapter 11 bankruptcy protection in Puerto Rico for the second time since last year, amid litigation with creditors and disputes over its flood control pump contracts.

  • August 11, 2026

    Instant Brands Trustee Dispute Continues Amid NY Suit

    A Texas bankruptcy judge on Tuesday asked attorneys for Instant Brands' litigation trustee and Cornell Capital to return to court in the next few weeks for a hearing on a dispute surrounding the trustee's planned resignation, about a week after a New York federal judge let a lawsuit between the two parties proceed.

  • August 11, 2026

    SEC, CFTC Sue Goliath Over $400M Crypto Ponzi Scheme

    The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission sued bankrupt cryptocurrency investment firm Goliath Ventures Inc. and its founder Tuesday claiming they orchestrated a $400 million cryptocurrency Ponzi scheme.

  • August 11, 2026

    Ch. 11 Trustee Seeks Contempt Over Condo Rent Scheme

    The Chapter 11 trustee in the bankruptcy of Waterfront Resort Holdings, the owner of 105 unsold condominium units in New York City, has urged a bankruptcy judge to consider whether three individuals involved in the debtor's operation should be held in contempt.

  • August 11, 2026

    NY Archdiocese Renews Call For Chubb Punitive Damages

    The Archdiocese of New York is taking a second bite at the apple in state appeals court with a request for punitive damages against Chubb, alleging the insurer ran a "shadow campaign" against the archdiocese even as it was defending the church against a slew of sex abuse lawsuits.

  • August 11, 2026

    Catching Up With New Bankruptcy Case Action

    Food chain Salad and Go plans to shut down in bankruptcy after a parasite outbreak linked to raw lettuce caused a dip in sales for the already financially strained business. An investment firm is looking to complete its wind-down in Chapter 11 and fend off an involuntary Chapter 7 petition. And an Ohio university filed for Chapter 11 to close down after years of operating losses.

  • August 11, 2026

    Rising Star: Weil's Clifford Carlson

    Clifford Carlson of Weil Gotshal & Manges LLP has been on the front lines of some of the most complex Chapter 11 cases filed in Houston's bankruptcy court in recent years as debtor's counsel to multistate hospital group Steward Health and car parts giant First Brand, earning him a spot among bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 11, 2026

    Dolphin Park Co. Seeks OK For $2M Asset Sale

    Dolphin park owner Leisure Investments has urged the Delaware bankruptcy court to approve the sale of its assets for $2 million.

  • August 10, 2026

    Opioid Victims Say Firm Kept Too Much Of Purdue Payouts

    A Baltimore woman is accusing a California-based attorney and her firm of illegally withholding thousands of dollars from opioid victims' Purdue Pharma settlement payments in a new class action filed Sunday in Maryland federal court.

Expert Analysis

  • How Del. Courts Will Likely Evaluate AI Oversight Claims

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    While no Delaware court has thus far adjudicated a claim based on alleged board failures to oversee artificial intelligence risk, recent Court of Chancery decisions suggest that familiar Caremark principles will be applied in predictable but consequential ways, particularly when AI touches mission‑critical operations, say attorneys at WilmerHale.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • GCs Can Read Debt Cycles To Spot Risk, Opportunity

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    With the conflict in Iran among many other factors that are further unsettling the geopolitical and economic environment, general counsel who understand credit risk and the debt cycle can offer a significant competitive advantage to help companies mitigate enterprise risk, says Samuel Keltner at Akin.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Judge-Led Bankruptcy Mediation Can Be The Best Option

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    Despite industry scrutiny of U.S. Bankruptcy Judge Michael Kaplan's recent decision to mediate the Multi-Color Chapter 11 case over which he was presiding, there is no single federal decision holding flatly against this, and, in the right circumstances, it may even be the best option, says Kenneth Rosen at Ken Rosen Advisors.

  • Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • Getting The Most Out Of Learning And Development Programs

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    Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.

  • AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • 8 Tariff Refund Questions For Restructuring Professionals

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    For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act raises several questions about how to capture legitimate recoveries while protecting an enterprise from the consequences of its own history, says Jonny Frank and Laura Greenman at StoneTurn, and Andrew Popescu at Province.

  • Using Liability Forecasts In Financial Reports Vs. Bankruptcy

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    Understanding the differences of scope, time frame and stakes between liability forecasts drawn up for financial reports versus those used in bankruptcy litigation is crucial for attorneys seeking to leverage economic analysis to ask the right questions, and strengthen their compliance and courtroom strategies, says Jorge Gallardo-García at Bates White.

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