Mid Cap

  • August 21, 2025

    Pa. City Water Dept. Fights Bid To Sanction Counsel

    The Chester Water Authority has urged a Pennsylvania bankruptcy court to reject the city's bid to recover about $140,000 in attorney fees as sanctions, arguing any delay in producing documents was necessary to comply with a state confidential information law.

  • August 21, 2025

    AmeriFirst's Global Creditor Settlement Approved In Ch. 11

    Bankrupt mortgage lending company AmeriFirst Financial Inc. received court approval on Thursday in Delaware for a global settlement with creditors that resolves two years of legal disputes among the parties and opens a path for a Chapter 11 plan to be proposed by the debtor.

  • August 21, 2025

    Bankruptcy Trustee Axes RICO Claims Against BakerHostetler

    The trustee for the Alliance Health Liquidating Trust has agreed to drop two remaining civil racketeering claims against BakerHostetler in an adversary case stemming from the law firm's representation of a bankrupt pharmacy company in 2017.

  • August 21, 2025

    Ore. Whiskey Distillery Asks To Add $500K To Ch. 11 Loan

    Portland, Oregon-based whiskey producer House Spirits has asked a Delaware bankruptcy judge for permission to borrow an additional $500,000 in cash to finance its Chapter 11 case, raising the amount of its debtor-in-possession loan to more than $2 million.

  • August 21, 2025

    Meet The Attorneys Guiding Job.com's Ch. 11

    A team of lawyers from Morris James LLP is leading the bankruptcy case of artificial intelligence-powered employment recruiting platform My Job Matcher Inc., which does business as Job.com, as the company plans to sell its assets through Chapter 11 proceedings.  

  • August 20, 2025

    Meet The Acting US Trustee For Region Covering Fla., Ga.

    A more than 30-year veteran of the U.S. Trustee's Office has been tapped to take over, at least for now, the bankruptcy watchdog's region covering Florida, Georgia and two U.S. territories, after the person who had been holding the post resigned last week.

  • August 20, 2025

    Tinkerbell Quarrel Helped Drive IMG Fragrance Co. To Ch. 11

    A decadeslong dispute over a trademark for Tinkerbell fragrances and cosmetics played a major role in IMG Holdings Inc.'s decision to file for Chapter 11 earlier this month, as it now seeks to resolve the issue with a $3 million asset and trademark sale to creditor Fragrance Xtreme Inc.

  • August 20, 2025

    Hooters' Ch. 11 Plan's Approval Held Up By Lags Royalty Row

    A Texas bankruptcy judge postponed a decision Wednesday on restaurant chain Hooters of America's Chapter 11 plan amid a dispute over whether creditor Lags Equipment holds a secured claim against the company, an issue Hooters said threatens to "imperil" its proposed restructuring.

  • August 20, 2025

    US Trustee Seeks Two-Year Bankruptcy Ban For NYC Pot Club

    The U.S. Trustee's Office has urged a New York bankruptcy judge to block a self-described cannabis club from filing for bankruptcy for two years, saying the organization has filed a string of recent Chapter 11 petitions to thwart evictions.

  • August 20, 2025

    Spencer Fane Adds Hill Ward Bankruptcy Ace In Tampa

    Spencer Fane has welcomed a longtime partner at Hill Ward Henderson to its Tampa, Florida, office, strengthening its bankruptcy, restructuring and creditors' rights practice, the firm announced Wednesday.

  • August 20, 2025

    NC Bankruptcy Atty Charged With 2nd-Degree Murder

    A North Carolina bankruptcy attorney is facing murder charges after police said he shot and killed a 43-year-old man in a small town in the mountains over the weekend, court records show.

  • August 20, 2025

    IRS Lost Lien In Bankruptcy, Man Says In $28M Tax Battle

    The Internal Revenue Service jettisoned any federal tax lien it claims to have against a man by filing an unsecured claim in his bankruptcy case, he told a Florida federal court Wednesday in response to the government's $28 million lawsuit against him.

  • August 19, 2025

    PE Firm Hit With Contempt, Receiver In Del. Over Legal Bills

    A magistrate in the Delaware Chancery Court has entered an order for contempt and sanctions, as well as a receivership, against private equity firm 777 Partners in its former chief financial officer's suit seeking advancement of legal fees in connection with a fraud investigation and multiple lawsuits related to the company's business.

  • August 19, 2025

    Texas Recycling Biz Can Tap $52M In Ch. 11 Financing

    A Texas bankruptcy judge Tuesday gave a company that recycles chemicals and batteries interim approval to use $52 million of debtor-in-possession financing to fund its Chapter 11 case, but pumped the breaks on approving a stalking horse bid at a first-day hearing.

  • August 19, 2025

    Family Alleging Firm's Girardi Conflict Denied Partial Win

    A Los Angeles judge Tuesday denied a family's motion seeking judgment on declaratory relief claims in a $1.8 million malpractice lawsuit against a firm that represented it in recovering millions lost in Girardi Keese's embezzlement scandal, saying disputed facts remain in the "unusual" case.

  • August 19, 2025

    Judge To Confirm Scanrock's Ch. 11 Plan After Settlement

    A Texas bankruptcy judge on Tuesday conditionally confirmed the Chapter 11 plan of hydrocarbon driller Scanrock Oil & Gas, after the debtor resolved objections from parties including an ad hoc group, certain creditors and the U.S. Small Business Administration.

  • August 19, 2025

    Solar Biotech Committee, Lender Get OK On Ch. 11 Claim Deal

    A Delaware bankruptcy judge has approved a settlement between Solar Biotech's unsecured creditors committee and its largest secured creditor that the synthetic biological product maker said will allow it to get a Chapter 11 plan confirmed.

  • August 19, 2025

    Judge Keeps Dr. Phil Media Biz In Ch. 11, Is Up To Boost DIP

    A Texas bankruptcy judge on Tuesday suggested he would approve more postpetition financing for a bankrupt broadcaster co-founded by Dr. Phil once an agreed upon order was before him, while also denying Sidley Austin's bid to stop representing the debtor and refusing to dismiss the case.

  • August 19, 2025

    Catching Up With New Bankruptcy Case Action

    A Texas-based chemical recycling company filed bankruptcy papers, disclosing more than $400 million of debt. A Patriarch Partners-tied fragrance company is looking to sell its assets in a new Chapter 11. And a nursing home pharmacy business blamed industry consolidation for its bankruptcy filing.

  • August 18, 2025

    Catching Up With Delaware's Chancery Court

    Executives and board members of Cencora Corp. tentatively settled a stockholder derivative suit for $111.25 million, VectoIQ board members reached a $6.3 million deal on stockholder claims over electric carmaker Nikola's prospects, and class attorneys who secured a $50 million derivative suit settlement saw their proposed 25% attorney fee cut by almost half. Here's the latest from the Delaware Chancery Court.

  • August 18, 2025

    Major Lindsey Ex-Recruiter Can't Discharge Judgment In Ch. 7

    A New York bankruptcy judge on Monday upheld the bulk of a $2.9 million award in favor of recruiting firm Major Lindsey & Africa LLC against its former employee, ruling she cannot discharge the penalty in her Chapter 7 case.

  • August 18, 2025

    Tax Court Finds Bankrupt Couple Owes Back Taxes

    An Internal Revenue Service settlement officer didn't abuse her discretion by sustaining a tax levy against a Texas couple's abandoned assets, because the couple failed to file the correct paperwork, the U.S. Tax Court ruled Monday. 

  • August 18, 2025

    Meet The Attorneys In Ohio Nursing Home Operator's Ch. 7

    A team of lawyers from Ohio-based Allen Stovall Neuman & Ashton LLP is leading the bankruptcy case of nursing home operator Legacy North Royalton Operating Company LLC as it plans to liquidate its business through Chapter 7. 

  • August 18, 2025

    3rd Circ. Says IRS Can Pursue Taxes In Decades-Old Fraud

    The IRS can go after a woman's unpaid taxes more than 20 years later because her return preparer committed fraud on her filings, even though the woman did not mean to evade taxes, the Third Circuit ruled Monday.

  • August 18, 2025

    Texas Specialty Recycling Facility Files For Ch. 11

    A Texas company that recycles chemicals used in petroleum refining has filed for Chapter 11 in Texas, blaming equipment failures and unstable prices for the metals it recovers and seeking a sale by October to deal more than $403 million in debt.

Expert Analysis

  • Exploring Venue Strategy For Trump-Era Regulatory Litigation

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    Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.

  • Consultants Should Be Aware Of DOJ's Potential New Reach

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    The U.S. Department of Justice's recent first-of-its-kind settlement with McKinsey & Co. indicates not only the DOJ's more aggressive stance toward businesses' potential criminal wrongdoings, but also the benefits of self-disclosure and cooperation when wrongdoing becomes apparent, says Dom Caamano at Kibler Fowler.

  • Playing Esports Makes Me A Better Lawyer

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    Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.

  • An Associate's Guide To Career Development In 2025

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    As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.

  • Making The Pitch To Grow Your Company's Legal Team

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    In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.

  • Justices May Find Gov't Can Keep Fraudulent Transfer Benefit

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    Based on the justices' questions at the recently argued U.S. v. Miller, the Supreme Court appears prepared to hold that the U.S. — unlike any other creditor — is permitted to retain the benefits of a fraudulent transfer to the detriment of other bankruptcy creditors, says Kevin Morse at Clark Hill.

  • When US Privilege Law Applies To Docs Made Outside The US

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    As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in mind, say attorneys at Hunton.

  • What 2024 Trends In Marketing, Comms Hiring Mean For 2025

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    The state of hiring in legal industry marketing, business development and communications over the past 12 months was marked by a number of trends — from changes in the C-suite to lateral move challenges — providing clues for what’s to come in the year ahead, says Ben Curle at Ambition.

  • How The Onion Could Still Buy InfoWars

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    While a Texas bankruptcy judge nixed the sale of InfoWars to The Onion on Tuesday, a slight tweak to the novel mechanism proposed could make the sale approvable, says Christopher Hampson at the University of Florida.

  • Group Running Makes Me A Better Lawyer

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    The combination of physical fitness and community connection derived from running with a group of business leaders has, among other things, helped me to stay grounded, improve my communication skills, and develop a deeper empathy for clients and colleagues, says Jessica Shpall Rosen at Greenwald Doherty.

  • 6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • A Closer Look At SDNY Bankruptcy Rule Amendments

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    The U.S. Bankruptcy Court for the Southern District of New York’s recent amendments to its local rules aim to streamline key Chapter 11 processes, resolve misunderstandings about previous iterations of the rules and urge caution about the use of artificial intelligence, say attorneys at Skadden.

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