Mid Cap

  • August 26, 2026

    Mass Tort Firm Galindo Law Can Use Cash In Ch. 11

    A bankruptcy judge said he would give interim approval to Galindo Law Firm's package of first-day motions Wednesday, allowing it to use cash on hand to fund operations, after the Texas mass tort firm resolved a lender's objection.

  • August 26, 2026

    Cash Advance Funders Sue Summer Camp Owners In Ch. 11

    A fast-cash funder has sued the now-bankrupt brothers who ran their summer camp empire into the dirt for guaranteeing nearly $6.4 million of loans earlier this year, alleging they were already insolvent and had no intent to repay the funds.

  • August 26, 2026

    Cox Industries 'Corporate Looting' Suit Remains In La.

    A Louisiana bankruptcy judge has declined to transfer a lawsuit launched by the Chapter 7 trustee of oil and gas company Cox Operating LLC against the insolvent firm's top brass, denying four motions from 25 defendants to move the case from Louisiana federal district court to Texas bankruptcy court.

  • August 26, 2026

    Ash Miner Ch. 11 Sale To Continue Over Air Regulator Qualm

    Bankrupt soda ash miner Searles Valley Minerals received a favorable ruling Wednesday from a Delaware bankruptcy judge, who said the company can move forward with an all-asset sale process that would allow it to satisfy its air quality regulation obligations monetarily.

  • August 26, 2026

    Camp Mystic Families Say Trustee Is Needed In Ch. 11 Case

    Families of children and counselors who died at Camp Mystic last year told a Texas bankruptcy judge on Wednesday they plan to ask that a trustee be appointed to oversee the debtor's Chapter 11 case, calling Camp Mystic's bankruptcy filing a "tactic" to dodge their wrongful death claims.

  • August 26, 2026

    Mastering The Bankruptcy Practice: Communication Tips

    A newly minted bankruptcy lawyer can come out of law school prepared for many things, but attorneys say there are a considerable number of details not covered in a classroom, from the importance of learning how a bankrupt business works to how to talk a client out of a bad idea.

  • August 26, 2026

    Conscious Content Gets OK For $3M DIP Boost

    A Delaware bankruptcy judge gave interim approval to ed-tech company Conscious Content Media's request for $3 million in additional Chapter 11 financing after the debtor reached a settlement with the creditors committee.

  • August 26, 2026

    Urban Farm Startup 80 Acres Files Ch. 7 With $100M-Plus Debt

    An Ohio-based vertical farming startup, 80 Acres Urban Agriculture, filed for Chapter 7 liquidation in Delaware with several affiliates and listing $100 million to $500 million each in assets and liabilities. 

  • August 25, 2026

    Summer Camp Owner Accused Of $13M COVID Relief Fraud

    Federal prosecutors said Tuesday that 26 summer camps illegally reaped more than $13 million from a COVID-19 relief program after one of their now-bankrupt owners allegedly "repeatedly lied" on loan documents.

  • August 25, 2026

    Salad And Go Gets 5-Member Ch. 11 Creditors Committee

    Defunct drive-thru restaurant chain Salad and Go's unsecured creditors committee includes a mix of trade creditors, food vendors and landlords, the U.S. Trustee's Office has said.

  • August 25, 2026

    Insurance Holding Co. Ch. 11 Plan OK'd With Equity Swap

    Insurance holding firm Hallmark Financial Services on Tuesday received confirmation of its Chapter 11 plan, which calls for cutting about $116 million of the debtor's $135 million of funded debt through a debt-for-equity swap with its lender Hildene Capital Management.

  • August 25, 2026

    Dolphin Co.'s Ex-CEO Opposes Sale Of JV Stake In Ch. 11

    The ex-CEO of the bankrupt parent company of wildlife adventure business The Dolphin Co. and former board members have objected to a $2 million sale of a majority stake in a Mexican park joint venture, saying it is being proposed without testing the value of the asset through an auction.

  • August 25, 2026

    23andMe, Calif. Spar Over Data Claims In Bankruptcy Court

    The bankruptcy trust for DNA testing company 23andMe and the state of California locked horns Tuesday over the debtor's plan to trim the size of claims that the state has asserted over a data breach in 2023.

  • August 25, 2026

    Fannie Mae Seeks Dismissal Of Houston Ch. 11s As Bad Faith

    The Federal National Mortgage Association is asking a Texas bankruptcy judge to dismiss the Chapter 11 cases filed by the operator of two apartment complexes in Houston, arguing they were filed in bad faith to avoid foreclosure sales.

  • August 25, 2026

    Catching Up With New Bankruptcy Case Action

    BFG Supply, a major distributor of horticultural products, filed for Chapter 11 with $100 million to $500 million in liabilities and plans to sell its assets. Houston-based Galindo Law Firm filed for bankruptcy amid a $9.5 million fee dispute tied to the Camp Lejeune litigation. And World Group Import, an e-commerce supplier to Amazon, filed for Chapter 11, citing tariffs, litigation costs and supply chain disruptions.

  • August 24, 2026

    Attys Ask Court To Toss Suit Alleging They Stole 1,000 Cases

    Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that brought the suit failed to plead a viable RICO claim.

  • August 24, 2026

    Oberweis Dairy Committee Says Ch. 7 Switch Harms Claims

    The official committee of unsecured creditors in the bankruptcy of milk producer Oberweis Dairy has objected to the company's proposed Chapter 7 conversion, saying it would impair the creditors' $5.5 million of possible claims against insiders of the debtor.

  • August 24, 2026

    Ch. 11 Loan Could Trigger Insider Default, US Trustee Says

    The U.S. Trustee's Office has asked an Oklahoma bankruptcy court to deny private credit firm YSA Investment's request to borrow $2 million in postpetition financing, contending the debtor has not filed required financial schedules, the loan could undermine existing lienholder, and the insider providing the financing could potentially use the financing to manufacture a default.

  • August 24, 2026

    Galindo Law Files For Ch. 11 After Camp Lejeune Fee Fight

    A Houston-based personal injury law firm sought bankruptcy relief on Monday with more than $50 million in liabilities after a mass tort litigation marketing company sued for over $9 million in fees related to finding potential victims of water contamination at Marine Corps Base Camp Lejeune.

  • August 24, 2026

    Google Wins Spirit Data Bid, Cumulus Gets OK On Transfers

    Google won an auction for Spirit Airlines' business data but is facing objections from employees, federal regulators cleared Cumulus Media to transfer its radio stations to lenders, and Georgia-Pacific's asbestos spinoff will not be getting a Chapter 11 trustee.

  • August 21, 2026

    Texas Senior Community Says Ch. 11 Plan Is Best It Can Offer

    Houston-based senior living community The Buckingham urged a Texas bankruptcy judge on Friday to confirm its Chapter 11 liquidation plan and overrule an objection by unsecured creditors, saying the deal offers the best possible recoveries and contains permissible legal releases.

  • August 21, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Texas bankruptcy court will rule on whether to confirm car parts giant First Brands' contested Chapter 11 plan. Insurance group Hallmark Financial Services and a Polish solar energy project investor will ask bankruptcy judges to confirm their Chapter 11 plans. And a life sciences group will urge a court to halt pending litigation in the Cayman Islands.

  • August 21, 2026

    Texas Panel Cuts $45M Sandy Hook Ruling Against Alex Jones

    A Texas state appellate court Friday slashed a $45 million damages award against right-wing conspiracy theorist Alex Jones in a defamation trial brought by parents of a Sandy Hook shooting victim, saying the family did not meet the legal standard to exceed the state's damages cap.

  • August 21, 2026

    Porzio Bromberg Keeps Up Momentum In Puerto Rico Growth

    New Jersey-based Porzio Bromberg & Newman PC has continued its expansion in Puerto Rico with the hire of a bankruptcy and financial restructuring attorney based in San Juan.

  • August 21, 2026

    Prime Core Customer Can't Duck $70M Clawback Suit

    Cryptocurrency platform Plutus must face a $70 million clawback lawsuit from the litigation trust for Prime Core, the Delaware bankruptcy court has ruled, finding the trust's complaint contained pleadings with sufficient detail that Plutus had received a transfer of crypto worth $63 million and $7 million in cash.

Expert Analysis

  • Law School's Missed Lessons: Networking 101

    Author Photo

    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

    Author Photo

    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • The Biz Court Digest: How It Works In Massachusetts

    Author Photo

    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

    Author Photo

    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

    Author Photo

    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

    Author Photo

    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

    Author Photo

    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • Law School's Missed Lessons: Educating Your Community

    Author Photo

    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

    Author Photo

    The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

    Author Photo

    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

    Author Photo

    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

    Author Photo

    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

  • What Insurers Must Know When Insureds File For Bankruptcy

    Author Photo

    With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting themselves with key procedural details of the bankruptcy process, say attorneys at McDermott.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Mid Cap archive.