Mid Cap

  • September 04, 2026

    SF Archdiocese Seeks Approval Of Ch. 11 Plan Disclosures

    The Archdiocese of San Francisco asked a California bankruptcy judge Thursday to approve its Chapter 11 plan disclosure statement and the form of ballots to be sent to voting creditors as the organization moves toward confirmation of a $395 million settlement with childhood sexual abuse victims.

  • September 04, 2026

    Willkie Farr Taps Atty As Liability Mgmt., Strategic Credit Chair

    Willkie Farr & Gallagher LLP announced that it has tapped a former Gibson Dunn & Crutcher LLP lawyer to chair its newly formalized liability management and strategic credit practice.

  • September 03, 2026

    Judge Skeptical HSF Kramer Unconflicted In Coal Plant Ch. 11

    A Delaware bankruptcy judge on Thursday grilled conflicts counsel for bankrupt coal plant Omnis Pleasants about whether the debtor's lead counsel Herbert Smith Freehills Kramer LLP should be disqualified over prepetition work for two lenders.

  • September 03, 2026

    ISun Ch. 7 Trustee Sues Former Execs Over Self-Dealing

    The Chapter 7 trustee in the bankruptcy of solar power company iSun Inc. accused the former CEO and Chief Financial Officer of sinking the company into insolvency through self-dealing and hidden debt transactions, saying in an adversary suit their actions were reckless.

  • September 03, 2026

    Jackson Walker, Watchdog To Argue Standing Despite Deal

    The U.S. Trustee's Office and Texas law firm Jackson Walker LLP are heading for a fight next week about whether the bankruptcy watchdog has standing to claw back attorney fees after a scandal touched some of the firm's cases — but it's a battle that both sides no longer want.

  • September 03, 2026

    1st Circ. Orders Redo In Puerto Rico Hospital Loan Fight

    The First Circuit revived hospital Instituto Medico Del Norte's Chapter 11 lawsuit against a lender, remanding the case after it "struggled to make sense" of a Puerto Rico bankruptcy judge's decision to dismiss the litigation.

  • September 03, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Former Spirit employees' unions opposed the sale of the airline's business data to Google for AI training. Malibu mansion builders sought approval to sell two properties for $110 million. Danskammer Energy opposed an NYISO bid to set off funds against its alleged debt. The owner of a defunct boarding school in Pennsylvania faced a bid to dismiss its second Chapter 11 case.

  • September 03, 2026

    NJ Judge Strikes Experts In Faegre Drinker Malpractice Suit

    A New Jersey state judge has struck the expert reports in a legal malpractice suit against Faegre Drinker Biddle & Reath LLP, barring the experts from testifying unless the Sept. 14 trial over a real estate deal gone awry is postponed.

  • September 03, 2026

    O'Melveny Lands Cleary Restructuring Partner In NY

    O'Melveny & Myers LLP has hired a corporate restructuring lawyer from Cleary Gottlieb Steen & Hamilton LLP as a partner in its bankruptcy and restructuring practice in New York.

  • September 02, 2026

    SoHo Developer With Languishing Project Hits Ch. 11

    Park Place Partners Development LLC, a real estate developer that formerly proposed building an Islamic community center near the World Trade Center site in Lower Manhattan, filed for Chapter 11 protection Tuesday in New York with about $14 million in debt.

  • September 02, 2026

    AI Healthcare Co. Pushed Into Ch. 7 Amid Ex-Exec Dispute

    A former executive and two contractors have forced artificial intelligence-powered health technology provider Survey Health into a Chapter 7 proceeding in Delaware bankruptcy court, as the company contends with litigation the ex-employee brought against it.

  • September 02, 2026

    Jay-Z Can Keep Claim Against Woman He Says Harassed Him

    Rapper Jay-Z has won a bid to preserve a nearly $136,000 claim filed in the bankruptcy of a woman whom he alleges has harassed him for more than a decade, with a New Jersey bankruptcy judge rejecting the woman's motion to quash the claim and tossing her adversary proceeding against him.

  • September 02, 2026

    NY Bankruptcy Judge Bans 2 People From Filing For 5 Years

    A New York bankruptcy judge has banned two individuals from bankruptcy court for five years after finding that they serially filed involuntary Chapter 11 and Chapter 7 petitions against numerous people and entities in bad faith.

  • September 02, 2026

    Lurin Gets OK For $16M Sale Of Dallas Apartments

    A Texas bankruptcy judge Wednesday approved the $16 million sale of two Dallas apartment buildings owned by affiliates of property developer Lurin Real Estate Holdings.

  • September 01, 2026

    HSF Kramer Can't Rep. Power Plant In Ch. 11, Objectors Say

    The U.S. Trustee and the parent company of bankrupt Omnis Pleasants LLC said Herbert Smith Freehills Kramer LLP's prepetition work for two lenders disqualifies it from representing the West Virginia coal plant in its Delaware Chapter 11.

  • September 01, 2026

    Catching Up With New Bankruptcy Case Action

    A winery in California's Napa Valley struggling to recover from wildfires hit Chapter 11. A vertical farming startup whose products were distributed by a dozen supermarket chains was forced to liquidate. And a military contractor foundered after losing a crucial government agency as a client.

  • September 01, 2026

    Camp Mystic's Ch. 11 Independent Director Bid Faces Doubts

    The U.S. Trustee and unsecured creditors questioned Camp Mystic's proposal to bring in independent directors, telling a Texas bankruptcy judge Tuesday that bringing in a Chapter 11 trustee or dismissing the case outright may be better options.

  • September 01, 2026

    Finch Therapeutics' Ch. 11 Plan OK'd With Equity Recovery

    Bankrupt microbiome treatment company Finch Therapeutics received court approval for its Chapter 11 plan and disclosure statement Tuesday in Delaware after reaching agreements to resolve opposition to the proposal.

  • September 01, 2026

    Ch. 11 Vespers: Why Lourdes University Is Liquidating

    Rising costs, diminishing enrollment and other tribulations pushed Lourdes University toward the Chapter 11 liquidation it began in August, bringing with it at least $10 million in liabilities.

  • September 01, 2026

    7 Brew's $143M Bid Tops Dutch Bros. In Salad Chain Ch. 11

    Coffee chain 7 Brew emerged as the top bidder for 73 of drive-thru chain Salad and Go's leases with a $143 million offer, besting competitor Dutch Bros.' stalking horse bid of $105 million for 65 leases, counsel for the debtor said at a hearing Tuesday in Texas.

  • September 01, 2026

    Judge Backs Carlton Fields' Bid To Seek Miss America Fees

    A Florida federal magistrate judge on Tuesday recommended allowing Carlton Fields PA to intervene in a $500 million dispute over the ownership of the Miss America competition, one day after the company's CEO filed a new suit against its former counsel.

  • September 01, 2026

    Ex-Judge To Guide Fund Wind-Down In Elliott-Stronghold Row

    A Delaware vice chancellor has appointed former U.S. Bankruptcy Judge Christopher S. Sontchi as a special magistrate to oversee the wind-down of an oil and gas investment fund at the center of litigation between Elliott Investment Management LP and Stronghold Resource Partners.

  • September 01, 2026

    Instant Brands Judge Stops Delaware Suit Against Trustee

    A Texas bankruptcy judge on Tuesday told former Instant Brands owner Cornell Capital it must get his permission before suing the Instant Pot maker's litigation trustee, blocking a suit Cornell brought in Delaware Chancery Court in July.

  • September 01, 2026

    Fla. Bar Seeks Protective Order Against Suspended Atty

    The Florida Bar has asked the state's highest court for a protective order to "substantially" limit a suspended lawyer's "unduly burdensome" and "excessive" initial request for production of documents in a protracted disciplinary proceeding.

  • September 01, 2026

    Judge OKs Liquidation Plan For Nicklaus-Founded Golf Co.

    A Delaware bankruptcy judge Tuesday signed off on the Chapter 11 plan for a golf merchandise and course design company founded by legend Jack Nicklaus after hearing there was no opposition to how the plan will split up the company's remaining assets.

Expert Analysis

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • 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.

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