Mid Cap

  • June 24, 2025

    Fla. Nonprofit Leaders Charged In $100M Fraud Scheme

    A Florida federal grand jury has charged the founder of a special needs nonprofit and its accountant with multiple counts of fraud stemming from a scheme to steal $100 million from the organization, alleging they diverted money through a slush fund used to pay for personal expenses.

  • June 24, 2025

    NJ Agency Fights $26M Property Taking Verdict In Ch. 11

    A New Jersey development agency pushed back against a move in bankruptcy court by the owner of a former tire factory site to collect a $25.6 million jury verdict stemming from the agency's decision to condemn the property and make way for housing.

  • June 24, 2025

    Inmates Say Tehum Ch. 11 Doesn't Block Suits Against Spinoff

    A group of current and former Maryland prison inmates asked a Texas bankruptcy judge to find the Chapter 11 plan of prison healthcare provider Tehum Care Services does not put a stop to lawsuits against the company that spun off from it prior to bankruptcy.

  • June 24, 2025

    Catching Up With New Bankruptcy Case Action

    France's second-largest telecommunications group petitioned for Chapter 15 recognition in the U.S. as it looks to restructure some $22 billion in debt in its home country. Slumping sales in the aftermath of the COVID-19 pandemic led a Vermont-based garden supplier to launch Chapter 11 proceedings to sell the business. And the operator of online job search board Monster.com hit bankruptcy with multiple purchase agreements in hand.

  • June 24, 2025

    Bankrupt Mass Tort Atty To Convert Ch. 11 To Liquidation

    A Texas mass tort attorney who filed for bankruptcy allegedly owing hundreds of millions of dollars to litigation funders agreed to shift his Chapter 11 case to a Chapter 7 liquidation, putting to rest the U.S. Trustee's bid to convert or dismiss his case.

  • June 24, 2025

    BRG Continues Data Breach Analysis In Diocese Ch. 11 Cases

    Attorneys representing consulting firm Berkeley Research Group told a Vermont bankruptcy judge Tuesday that the company is continuing its internal investigation and analysis of information stolen in a March cyber attack to determine if claimant data tied to a dozen Catholic diocese bankruptcy cases was included in the breach.

  • June 24, 2025

    Boeing Says COVID-Era Docs Needed In Suit Over 737 Sales

    Boeing is urging a Washington federal court to compel a defunct South African airline to turn over documents about its financial state and the effects of the COVID-19 pandemic on its business from 2019 to 2021, as the plane maker fights a suit alleging it hid the flaws of its 737 Max line.

  • June 24, 2025

    Silver Airways Keeps Ch. 11, Gets Trustee

    A Florida bankruptcy judge said Tuesday he will turn over management of Silver Airways' Chapter 11 to a court-appointed trustee, finding the airline's abrupt shutdown earlier this month and the handling of the sale of its remaining assets show that current management is not up to the task, but declined to dismiss the proceedings or convert the case to a Chapter 7.

  • June 24, 2025

    Stoli USA Can Take Votes On Ch. 11 Plan After Creditor Deal

    A Texas bankruptcy judge on Tuesday conditionally approved Stoli Group USA's disclosure statement for its Chapter 11 plan, letting the U.S. arm of vodka maker Stoli take votes on a reorganization deal after the company resolved a dispute with unsecured creditors.

  • June 24, 2025

    Job Search Site Monster Hits Ch. 11 With 3 Initial Bidders

    The company behind job search website Monster.com filed for bankruptcy Tuesday, listing over $100 million in liabilities and saying in a news release that it has three stalking horse bidders for various assets lined up.

  • June 23, 2025

    FTX Trust Slams Three Arrows' 'Illogical' $1.5B Claim

    The FTX bankruptcy recovery trust on Friday objected to a $1.53 billion claim made by the now-liquidated cryptocurrency hedge fund Three Arrows Capital Ltd., saying the "illogical and baseless" claim grossly inflates the actual value of assets associated with its customers' FTX accounts, while offering zero supporting evidence.

  • June 23, 2025

    Heritage Coal Nears Court Approval Of $21M Ch. 11 Sales

    A Delaware bankruptcy judge said Monday she will grant insolvent mining operation Heritage Coal permission ahead of a follow-up hearing to sell its assets to bidders collectively offering more than $21 million if the debtor can submit final versions of its proposed sale documents beforehand.

  • June 23, 2025

    Bankruptcies Sweep Home Solar Industry, But Not Like Before

    A confluence of elevated interest rates, state energy policies and the possible end of federal tax incentives have combined over the last year to take the air out of what had been a rapidly inflating residential solar power industry.

  • June 23, 2025

    EV Co. Unit PTGi Wants Damages For Creditor's Failed Ch. 7

    A subsidiary of electric vehicle company Charge Enterprises has urged a Delaware bankruptcy judge to award compensatory and punitive damages of at least $3.5 million for the harm it suffered from an involuntary Chapter 7 filing launched by a creditor found to be acting in bad faith.

  • June 23, 2025

    23andMe Sale Nears Ruling, Tariff Policies Drive Bankruptcy

    A Missouri bankruptcy judge said he will soon rule on the proposed $305 million sale of 23andMe to a nonprofit led by its co-founder. Meanwhile, shifting tariff policies under President Donald Trump have been blamed for recent bankruptcies, and experts at a conference in New York discussed the future of Chapter 11 and how a second Trump term could shape bankruptcy law.

  • June 23, 2025

    Delaware Firm Richards Layton Names New Leadership Team

    Delaware firm Richards Layton & Finger PA announced Monday that bankruptcy attorney Paul N. Heath has been elected to serve as its next president starting July 1 and will be joined on the firm's leadership team by two other firm directors, Jeffrey L. Moyer and Matthew S. Criscimagna.

  • June 23, 2025

    Oak and Fort Gets US Provisional Protection In Ch. 15 Case

    A New York bankruptcy judge on Monday granted Canadian clothing retailer Oak and Fort Corp. provisional protections in its Chapter 15 case while the debtor awaits recognition of its foreign insolvency as the primary proceeding.

  • June 23, 2025

    Chili's Says Worker's Bankruptcy Omission Dooms Wage Suit

    A former Chili's employee should have his wage and hour action against the chain's parent company tossed because the case wasn't listed among his assets in bankruptcy court, the company argued, saying he knew he was supposed to divulge this information and still failed to do so.

  • June 20, 2025

    23andMe Judge Aims For Quick Decision On Sale To Founder

    After a second all-day hearing, a Missouri bankruptcy judge said he would decide as quickly as he can on the proposed $305 million sale of genetic testing company 23andMe to a nonprofit led by co-founder Anne Wojcicki.

  • June 20, 2025

    Real Estate Recap: Senior Living, Data Centers, CEQA

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney insights into a senior housing surge, data center construction, and the Golden State's latest efforts to spur housing construction without upsetting the California Environmental Quality Act.

  • June 20, 2025

    Tariffs Are Causing Bankruptcies, And A New DIP Covenant

    From a small Canadian clothing retailer to a global auto parts maker, at least four companies placed the blame for their recent bankruptcies squarely on America's new tariff regime, with one even adding a tariff-specific covenant to its post-petition financing deal.

  • June 20, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen Pogust Goodhead face legal action from mining giant BHP Group, Trainline bring a procurement claim against the Department for Transport, Sworders auction house sue Conservative peer Patricia Rawlings, and Nokia hit with a patents claim by Hisense. Here, Law360 looks at these and other new claims in the U.K.

  • June 20, 2025

    School Operator Gets Nod On Initial Ch. 11 Financing

    Higher Ground Education Inc., an owner and operator of Montessori schools, received interim approval Friday from a Texas bankruptcy judge to access a portion of its $8 million in Chapter 11 financing, after issues over the loan's fees and a roll up of prepetition debt were addressed.

  • June 20, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges will consider Exela Technologies' Chapter 11 plan and disclosure statement, decide whether Party City can solicit creditor votes on its plan, rule on the roughly $7 million asset sale of Publishers Clearing House, and address second-day motions in Everstream Solutions' case.

  • June 20, 2025

    Rhodium, Investors Agree To Delay Ch. 11 Exclusivity Fight

    A Texas bankruptcy judge said Friday he will allow cryptocurrency miner Rhodium to set aside a group of startup funders' bid to terminate its exclusive right to file a Chapter 11 plan in its insolvency case, agreeing to first decide whether claims asserted by the investors are valid.

Expert Analysis

  • 4 Ways Women Attorneys Can Build A Legal Legacy

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    This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.

  • A Judge's Pointers For Adding Spice To Dry Legal Writing

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    U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.

  • Lessons Learned From SAS' Flight Through Chapter 11

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    Scandinavia's SAS is the first European airline to find its wings through the U.S. Chapter 11 process since COVID-19 rocked the aviation industry — and while the process involved some familiar steps, certain complex jurisdictional issues and non-U.S. stakeholders required the carrier to venture into uncharted airspace, says Emily Hong at Norton Rose.

  • Bankruptcy Ruling Provides Guidance On 363 Asset Sales

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    HE v. Avadim Holdings, a recent ruling from the District of Delaware, underscores the principle that rejection of executory contracts does not unwind completed transfers of property and the importance of clear and precise language in sale orders and asset purchase agreements in bankruptcy cases, say attorneys at Eversheds Sutherland.

  • 7 Tips For Associates To Thrive In Hybrid Work Environments

    Excerpt from Practical Guidance
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    As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.

  • Playing Beach Volleyball Makes Me A Better Lawyer

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    My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.

  • Terraform Case May Be Bellwether For Crypto Enforcement

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    The prosecution of crypto company Terraform Labs and its CEO, Do Kwon, offers a unique test of the line between lawful and unlawful conduct in digital transactions, and the Trump administration’s posture toward the case will provide clues about its cryptocurrency enforcement agenda in the years to come, say attorneys at Brooks Pierce.

  • How Law Firms Can Counteract The Loneliness Epidemic

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    The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.

  • 5 Keys To Building Stronger Attorney-Client Relationships

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    Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.

  • How Courts Can Filter Nonmeritorious Claims In Mass Torts

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    Nonmeritorious claims have been a key obstacle to settlement in many recent high-profile mass torts, but courts may be able to use tools they already have to solve this problem, says Samir Parikh at Wake Forest University.

  • 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.

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