Mid Cap
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August 13, 2025
3D Printing Co. Cleared For $7.8M Ch. 11 Sale Of Dental Labs
A Texas bankruptcy judge Wednesday signed off on sales for Desktop Metal's three dental implant laboratories totaling $7.8 million as the 3D printing company looks to quickly exit Chapter 11.
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August 13, 2025
Feds Skirting Risky Debt As 1 Bank Stays Highly Leveraged
Federal regulators aren't scrutinizing risky real estate loans even though some banks have a substantial volume of high-risk debt on their books, a banking source told Law360 Real Estate Authority.
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August 13, 2025
Judge OKs Accelerate Diagnostics Ch. 11 Liquidation
A Delaware bankruptcy judge Wednesday approved medical technology company Accelerate Diagnostics Inc.'s Chapter 11 plan to liquidate as quickly as possible after it completed a $42 million sale to its stalking horse bidder Friday.
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August 13, 2025
SPAC Behind EV Maker Nikola, Shareholders Strike Settlement
Stockholders and board members for the blank-check company that took electric-vehicle maker Nikola public said they reached a $6.3 million deal to end a Delaware Chancery Court lawsuit that accused the SPAC of misleading investors about Nikola's prospects.
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August 13, 2025
Scarinci Hollenbeck Adds 4 Litigators In NYC
Scarinci Hollenbeck LLC has added four litigators previously with Kishner Legal PC who have expertise in areas such as commercial litigation and real estate as attorneys in its New York City office, the firm announced Wednesday.
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August 13, 2025
No So-Called Summer Slowdown As Bankruptcies Spike
Summer is often a time for lawyers to worry more about their family vacations than their next bankruptcy filing. But this year is an exception, with a July surge in filings driven by the new administration's tariff and immigration policies and a normalization back to pre-pandemic levels overall, experts said.
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August 13, 2025
BakerHostetler Hires Cooley Securities Litigation Atty
BakerHostetler has added an experienced litigator to its white collar, investigations and securities enforcement litigation and securities and governance litigation teams in New York, bringing with him more than 25 years of BigLaw experience, including most recently with Cooley LLP.
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August 12, 2025
8th Circ. Affirms Discharge Of Student Debt Owed To Bank
The Eighth Circuit on Tuesday sided with a bankruptcy judge in discharging a woman's student loan debt owed to a North Dakota bank, saying the lower court had not made a clear error in concluding that paying off the remaining balance would pose an undue hardship.
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August 12, 2025
IMG Fragrance Company Hits Ch. 11 With $64M In Debt
Fragrance portfolio company IMG Holdings Inc. and its affiliates sought Chapter 11 bankruptcy protection on Monday in Delaware, reporting $63.6 million in senior secured debt and less than $10 million in assets, and aiming for a $3 million asset and trademark sale to creditor Fragrance Xtreme Inc.
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August 12, 2025
NJ Bankruptcy Judge Nixes BowFlex Dumbbells Class Claims
Proposed class actions filed over recalled dumbbells violated BowFlex's Chapter 11 plan and sale, a New Jersey bankruptcy judge ruled, rejecting arguments that customers didn't receive adequate notice of the "free and clear" sale.
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August 12, 2025
Catching Up With New Bankruptcy Case Action
Jewelry chain Claire's filed for its second bankruptcy with $690 million in debt and plans to close 700 U.S. stores, Delaware's 4 Points Towing & Roadside Service sought Chapter 11 under Subchapter V after pandemic-driven losses, and a parking garage in New York City filed for Chapter 11 citing difficulty in keeping up with mortgage payments amid rising interest rates.
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August 12, 2025
Meet The Attys Helping Powin Power Through Ch. 11
Powin LLC, a company that manufactures batteries for green energy projects, has tapped attorneys from Dentons and Togut Segal & Segal LLP to help steer the bankruptcy it started in June to address an "untenable" liquidity position.
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August 12, 2025
AI Staffing Co. Joonko Gets OK To Wind Down In Ch. 11
A Delaware bankruptcy judge on Tuesday approved Joonko Diversity Inc.'s Chapter 11 liquidation plan after the debtor resolved objections from shareholders and others, letting the artificial intelligence-powered recruitment firm wind down its business and repay creditors.
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August 11, 2025
Meet The Attys Steering Nightclub Co. Avant Gardner's Ch. 11
A team of attorneys from Young Conaway Stargatt & Taylor LLP is representing the owner of New York City nightclub Brooklyn Mirage in its Chapter 11 case.
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August 11, 2025
Claire's Starts Store Sales, Linqto Defeats Venue Transfer Bid
Jewelry company Claire's announced it would launch store closing sales after seeking bankruptcy protection for the second time in less than a decade. Meanwhile, a judge gave the Archdiocese of New Orleans one last chance to secure confirmation of a Chapter 11 plan, and Linqto managed to keep its bankruptcy case in Texas.
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August 11, 2025
Judge To Order Bond, Sanctions In Crypto Miner's Ch. 11
A Delaware bankruptcy judge said Monday she would require the creditors that petitioned to force a cryptocurrency mining operation into Chapter 11 to post a multimillion-dollar bond in case their petition is dismissed.
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August 11, 2025
Stoli Banker Says It Can't Accept Bourbon As Ch. 11 Recovery
The secured lender to Stoli Group USA Monday asked a Texas bankruptcy judge to reject the vodka maker's proposed Chapter 11 plan, saying the company is trying to shortchange it by paying its debt in bourbon.
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August 11, 2025
Catching Up With Delaware's Chancery Court
Nielsen Holdings Ltd. and consumer intelligence spinoff Nielsen Consumer IQ agreed to end their dispute, a sole investor asked the court to name him lead plaintiff in a suit challenging Endeavor's $13 billion take-private deal, and the Chancery Court announced a new, automated case assignment regime. Here's the latest from the Delaware Chancery Court.
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August 11, 2025
Truck Rental Co. Fluid Market Asks For Ch. 7 After Ch. 11 Sale
Truck rental business Fluid Market Inc. asked a Delaware bankruptcy judge to let it convert its case to a Chapter 7 liquidation after completing a sale in December and reaching a settlement with its creditors, its buyer and its postpetition lenders.
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August 11, 2025
Fla. Drinks Co. Founder Faces Filings Ban Over Fake AI Cases
A Florida federal judge is considering a request to ban the founder of Bang Energy from submitting any more paperwork without court permission after Monster Energy argued Monday that fake legal citations generated from artificial intelligence appeared in a pro se motion to dismiss its judgment collection lawsuit.
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August 11, 2025
2nd Circ. Affirms Denial Of Partnership's $22.7M Tax Loss
The U.S. Tax Court correctly found the IRS properly denied a Connecticut partnership's $22.7 million loss deduction because the underlying transactions, which involved a Brazilian company, were tantamount to a disguised property sale, the Second Circuit ruled Monday.
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August 08, 2025
CFPB Preps Complaint Against Failed Fintech Firm Synapse
The Consumer Financial Protection Bureau is getting ready to file a complaint against bankrupt Synapse Financial Technologies on allegations it failed to properly keep track of consumer funds and left as much as $90 million in consumer funds unrecovered, the fintech firm's trustee has told a bankruptcy judge in California.
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August 08, 2025
Ch. 7 Claim Can't Nab Early Win For Litigation, 2nd Circ. Says
A medical device distributor can't use an allowed claim from a former employee's Chapter 7 bankruptcy to win summary judgment in a long-running lawsuit, the Second Circuit ruled Friday.
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August 08, 2025
George Clinton Fights Sanctions In Decades-Long IP Battle
Funk legend George Clinton has asked a Florida federal court to reject sanctions and lawsuit dismissal bids from music executive Armen Boladian, arguing that his copyright ownership complaint is not frivolous.
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August 08, 2025
Titanic Artifact Ch. 11 Sale Suit Settled For $12M
A Florida bankruptcy judge Friday approved an $11.75 million settlement of a long-standing adversary lawsuit over the sale of artifacts from the Titanic during the bankruptcy of a company that ran popular traveling exhibits about the ship.
Expert Analysis
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Adapting To Private Practice: From Fed. Prosecutor To BigLaw
Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.
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Perfecting Security Interests In Renewable Energy Tax Credits
The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson.
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Firms Still Have Lateral Market Advantage, But Risks Persist
Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.
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We Must Allow Judges To Use Their Independent Judgment
As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.
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Performing Stand-Up Comedy Makes Me A Better Lawyer
Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.
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3 Del. Bankruptcy Cases Highlight US Trustee Objections
As three recent Delaware bankruptcy cases show, debtors who seek approval of a stalking horse bid protections agreement should be prepared for the U.S. Trustee Office's objections, including if the proposed classification for the bid protections is a superpriority administrative expense claim, says Kyle Arendsen at Squire Patton.
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Adapting To Private Practice: From SEC To BigLaw
As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.
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4 Ways Women Attorneys Can Build A Legal Legacy
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.
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A Judge's Pointers For Adding Spice To Dry Legal Writing
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.
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Lessons Learned From SAS' Flight Through Chapter 11
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.
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Bankruptcy Ruling Provides Guidance On 363 Asset Sales
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.
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7 Tips For Associates To Thrive In Hybrid Work Environments
Excerpt from Practical Guidance
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.
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Playing Beach Volleyball Makes Me A Better Lawyer
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.