Mid Cap

  • May 05, 2026

    Catching Up With New Bankruptcy Case Action

    Saint Augustine's University entered Chapter 11 with more than $50 million in debt, the exclusive meal supplier for Blue Apron started a bankruptcy in New Jersey, and a supplier of cosmetics ingredients filed Chapter 11 papers with a prepackaged Chapter 11 plan aimed at putting to rest asbestos-related litigation.

  • May 04, 2026

    Texas A&M Data Center Seeks New Buyer For Ch. 11 Sale

    A data and research center affiliated with Texas A&M University has asked a Texas bankruptcy court for leave to hire an investment banker to find alternatives to a long-planned sale that has yet to close.

  • May 04, 2026

    Purdue Settlement Approved, Saks Gets Plan Disclosure OK

    Purdue Pharma received the green light for a settlement on its road out of Chapter 11, a Texas bankruptcy judge gave the all-clear to Saks Global's plan disclosure, and Spirit Airlines said it would undergo a shutdown instead of a government-backed rescue.

  • May 04, 2026

    Cannabist's Ch. 15 Would Aid Illegal Pot Sales, Lender Says

    A secured creditor of The Cannabist Co. Holdings Inc. has objected to the debtor's bid for Chapter 15 recognition of its Canadian insolvency proceeding, arguing that doing so would be contrary to U.S. public policy since it would allow the debtor to monetize cannabis-related assets.

  • May 04, 2026

    US Trustee Wants Texas Trucking Co.'s Ch. 11 Case Dismissed

    The U.S. Trustee's Office has urged a Texas bankruptcy judge to dismiss or convert the Chapter 11 case of trucking company Balkan Express, saying the debtor has failed to file operating reports and pay required fees.

  • May 04, 2026

    SEC Seals $26M Judgment Against Investment Adviser

    The U.S. Securities and Exchange Commission has finalized a $25.6 million disgorgement judgment against the former CEO of investment firm Vesta Advisors LLC, which a Pennsylvania federal court said had been satisfied by his restitution and forfeiture in his criminal case.

  • May 01, 2026

    Sand Miners Get $2.5M DIP Boost To Keep Plants Running

    A Texas bankruptcy judge said Friday she would approve $2.5 million in additional Chapter 11 financing for two debtors that mine and process sand for fracking from an entity that is also pursuing a $21 million stalking horse bid for the companies.

  • May 01, 2026

    US Trustee Says Texas Hospital Ch. 11 Can't Linger On

    The U.S. trustee is pushing for the nearly three-year-long Chapter 11 case of a 207-bed Texas hospital to be converted to a Chapter 7 liquidation, saying the case has dragged on without a resolution in sight while the estate continues to incur administrative expenses.

  • May 01, 2026

    Meal Kit Co. Proposes Ch. 11 Asset Sale Timeline

    Food kit and meal service provider FreshRealm filed proposed bidding and sale procedures late Thursday in New Jersey bankruptcy court seeking to get approval for an asset sale transaction by mid-June.

  • May 01, 2026

    Phelps Dunbar Adds 5 Attys In Dallas Boutique Tie-Up

    Phelps Dunbar LLP has expanded its presence in Texas with the addition of five attorneys from Johnston Clem Gifford PLLC and an office in Uptown Dallas, the firm announced Friday.

  • May 01, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A New York bankruptcy judge will weigh a German dating service's bid for Chapter 15 recognition, US Magnesium will undergo an omnibus hearing, Lycra will seek plan confirmation, and a judge will oversee Ascend Elements' second-day Chapter 11 hearing.

  • May 01, 2026

    McDermott Adds Restructuring Pros From Ropes & Gray In NY

    McDermott Will & Schulte announced Friday the firm has scaled up its restructuring practice with a new partner based in New York, who has come aboard from Ropes & Gray LLP.

  • April 30, 2026

    NYAG Objects To 'Perpetual' Stay In Nursing Home Ch. 11 Plan

    The New York Attorney General objected to the proposed automatic stay in the Chapter 11 plan of nursing home group Cold Spring Acquisition LLC, saying it improperly purports to extend bankruptcy protections after the bankruptcy case is closed.

  • April 30, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    MMA Law made a bid to protect its sole attorney in state court cases, Everstream sued Dish alleging late compensation, and Weiss Multi-Strategy Advisers brought a lawsuit against Bloomberg Finance LP to recover $135,000.

  • April 30, 2026

    Texas Justices Asked To Revive Infowars Lease To The Onion

    Victims of the Sandy Hook Elementary School massacre have asked the Texas Supreme Court to let a court-appointed receiver lease Alex Jones' website Infowars to a company linked to satire publication The Onion, a move that could hasten the delivery of funds Jones owes the families after massive defamation judgments.

  • April 30, 2026

    ProPhase Testing Units Creditor Says No Real Ch. 11 Progress

    A creditor of three ProPhase Labs entities that provided COVID-19 testing services objected to the debtors' motion to extend the exclusive right to file a Chapter 11 reorganization plan, arguing that the debtors have made no meaningful progress in their bankruptcy cases.

  • April 30, 2026

    Carbon Health Says It Needs Another $11M In DIP Financing

    Carbon Health Technologies said it needs another $11 million in debtor-in-possession financing to bring its loan total to $30.5 million, as it is on the verge of running out of money to continue operating its business in Chapter 11.

  • April 30, 2026

    Kane Russell Adds Six Attys Across Dallas, Houston, Austin

    Lone Star State law firm Kane Russell Coleman Logan PC has bulked up its litigation, labor and employment, bankruptcy and emergency response offerings with new attorney hires across its offices in Austin, Dallas and Houston.

  • April 30, 2026

    Smith Gambrell Adds Archer & Greiner Quartet In NY

    Smith Gambrell & Russell LLP has hired three corporate partners in New York from Archer & Greiner PC who have worked together for more than a decade at their own boutique restructuring firm and in private practice.

  • April 30, 2026

    Nostrum Laboratories' Ch. 11 To Convert To Ch. 7

    A New Jersey bankruptcy judge has ordered the Chapter 11 case of Nostrum Laboratories Inc. to be converted to Chapter 7, after the debtor failed to file operating reports and declared its assets were liquidated.

  • April 29, 2026

    Citgo Bidder Violating Confidentiality Agreement, Court Hears

    Counsel for the oil giant Citgo has accused an affiliate of hedge fund Elliott Investment Management LP of improperly revealing and distorting its confidential information as the parties inch closer toward ending a long-running saga aimed at satisfying billions of dollars' worth of Venezuelan debt.

  • April 29, 2026

    Infowars Parent Says The Onion IP Deal Would Gut Asset Value

    The company behind Alex Jones' conspiracy website Infowars has asked a Texas appeals court to block a receiver from leasing its intellectual property and internet domain for $81,000 a month to a corporation linked to satire website The Onion.

  • April 29, 2026

    Tehum Creditor Trusts Sue Over 'Sham' Texas Two-Step Ch. 11

    Two creditor trusts in prison healthcare company Tehum Care's Chapter 11 case has sued the firm's affiliates and former executives over its "Texas two-step" bankruptcy filing, alleging the maneuver was a "sham" to "perpetrate a fraudulent scheme."

  • April 29, 2026

    Meal Supplier FreshRealm Can Tap $45M In Ch. 11 Financing

    A New Jersey bankruptcy judge agreed Wednesday to give interim approval to food kit and meal service supplier FreshRealm's debtor-in-possession loan, freeing up $10 million in new funds, as the company looks to liquidate under Chapter 11.

  • April 29, 2026

    Pa. Water Authority Loses Bid To Restart Lawsuit Against City

    A Pennsylvania bankruptcy judge on Wednesday denied a bid by the city of Chester's water authority to move forward with litigation over whether the city has the right to monetize water assets to address its financial distress, finding cause did not exist to modify the automatic stay in Chester's Chapter 9 case.

Expert Analysis

  • 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.

  • When Innovation Overwhelms The Rule Of Law

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    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

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    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

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    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

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    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.

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    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

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    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

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    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.

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