Mid Cap

  • September 04, 2025

    Judge OKs 3D Printing Co.'s $7.25M In Ch. 11 Sales

    A Texas bankruptcy judge on Thursday approved two sales of Desktop Metal's remaining U.S. operating assets totaling $7.25 million, as the bankrupt 3D printing company looks to quickly exit Chapter 11.

  • September 03, 2025

    FINRA Targets Ex-Synapse Officers Over Supervisory Failures

    The Financial Industry Regulatory Authority has filed an enforcement action against two former executives of a subsidiary of bankrupt fintech company Synapse, alleging that they failed to properly supervise the subsidiary's cash management program ahead of the middleware provider's collapse.

  • September 03, 2025

    3rd Circ. Says Preclusion Ends NJ Foreclosure Fight

    The Third Circuit affirmed a bankruptcy court's order allowing Nationstar Mortgage to proceed with a home foreclosure sale, finding that the homeowner was trying to relitigate the exact same issues she had already lost in state court.

  • September 03, 2025

    Silvergate's $37.5M Investor Settlement Gets Final OK

    Investors of failed, cryptocurrency-focused Silvergate Bank secured a California federal judge's final approval Wednesday for their $37.5 million settlement of claims alleging the bank misrepresented its safeguards against onboarding customers like the collapsed, fraud-ridden crypto exchange FTX.

  • September 03, 2025

    Quinn Emanuel Looks To Shut Down Mexican Doc Bid

    Quinn Emanuel has asked a Miami federal court to end a Mexican oil company's request for documents relating to three criminal proceedings and in one bankruptcy action, all pending in Mexico, arguing that the requested discovery may be conducted without the aid of U.S. courts.

  • September 03, 2025

    23andMe Can Invest Cash In Treasury Bond Fund For Ch. 11

    A Missouri bankruptcy judge Wednesday agreed to waive certain deposit restrictions to allow consumer DNA testing group 23andMe to move $265 million to a higher-yielding fund, overruling risk concerns.

  • September 03, 2025

    SilverRock Gets More Time To Control Its Ch. 11 Case

    Bankrupt California resort developer SilverRock Development received approval to extend the exclusive control window in its Chapter 11 case for four months, with a Delaware judge saying the debtor has made enough progress in the complex proceedings to warrant the extension.

  • September 03, 2025

    Liberace Piano Dispute Returns To 1st Circ. After Gibson Win

    A Massachusetts music shop took its campaign to hold onto Liberace's rhinestone-encrusted piano to the First Circuit for the second time Wednesday, telling the appellate court that Gibson Guitars should never have been allowed to ask a jury for its return.

  • September 03, 2025

    Meet The Attorneys Guiding Walker Edison's Ch. 11

    A team of lawyers from Morris Nichols Arsht & Tunnell LLP is leading the bankruptcy case of online furniture retailer Walker Edison as the company plans to sell its assets in Chapter 11.  

  • September 03, 2025

    Nationwide Unit Needn't Cover Restaurateur In Fraud Disputes

    The former co-manager of a defunct Colorado restaurant venture cannot get coverage for a suit alleging he defrauded a lender and a separate bankruptcy proceeding, a New York federal court ruled, finding a Nationwide unit has no duty to defend him under a policy issued to the entity he partnered with.

  • September 03, 2025

    Sullivan & Cromwell Hires Ex-Asst. To The Solicitor General

    Sullivan & Cromwell LLP announced Wednesday that it has hired a former assistant to the solicitor general whose wealth of appellate experience includes six arguments before the U.S. Supreme Court.

  • September 03, 2025

    Monster.com To Take Votes On Ch. 11 Plan After Creditor Deal

    A Delaware bankruptcy judge on Wednesday approved job-search site CareerBuilder + Monster's bid to send its Chapter 11 plan to creditors for voting after the debtor struck a deal that could help holders of unsecured claims land a recovery.

  • September 03, 2025

    Nikola Corp. Settles SEC Objection To Ch. 11 Plan For $4M

    Electric-truck maker Nikola Corp. told a Delaware bankruptcy judge that it had resolved an objection to its Chapter 11 liquidation plan by the U.S. Securities and Exchange Commission, agreeing to pay $4 million in cash after the agency challenged what it called Nikola's attempt to unfairly subordinate an $80 million civil penalty claim.

  • September 03, 2025

    Catching Up With New Bankruptcy Case Action

    Budget air carrier Spirit Airlines landed in bankruptcy again in New York. Utah-based furniture retailer Walker Edison filed for Chapter 11 in Delaware while it presses on with litigation against its former owners. And a Florida kitchen equipment supplier is seeking to reorganize its debt after running into supply chain and quality issues.

  • September 03, 2025

    Asbestos Claimants Decry Canadian Miner's Ch. 15 Bid

    Personal injury claimants and a Chapter 7 trustee urged a New York bankruptcy judge to deny Chapter 15 recognition for Asbestos Corp.'s Canadian restructuring, saying it has more ties to the U.S. where it faces thousands of lawsuits.

  • September 02, 2025

    Lowenstein Sandler Fights To Keep Fee Battle With Firm Alive

    Lowenstein Sandler LLP urged a New Jersey state court to reject a bid seeking to trim its lawsuit against Trif & Modugno LLC in a legal battle over allegedly unpaid legal services rendered to a cannabis dispensary, saying its claims against the firm are over dishonest business practices and not legal malpractice.

  • September 02, 2025

    Heritage Coal Approved For Ch. 11 Liquidation Plan Docs

    Bankrupt coal mining operation Heritage Coal received approval Tuesday from a Delaware judge for its Chapter 11 disclosure statement that describes a liquidating plan to pay priority claims in full and give distributions to unsecured creditors.

  • September 02, 2025

    Ex-Crypto Platform Cred Execs Sentenced For $150M Scheme

    The former CEO and former chief financial officer behind bankrupt cryptocurrency lender Cred Inc. will serve four years and three years, respectively, after previously pleading guilty to conspiracy to commit wire fraud.

  • September 02, 2025

    Girardi Co-Attys Can't Revive Elder Abuse, Fiduciary Claims

    A California state appeals court has found that claims of financial elder abuse and aiding and abetting a breach of fiduciary duty brought by two of Tom Girardi's co-counsel against his son-in-law were correctly dismissed, as was an aiding and abetting claim against a company run by Girardi's estranged wife.

  • September 02, 2025

    Bankrupt Calif. Developer Seeks OK For Extra DIP From City

    SilverRock Development asked a Delaware bankruptcy judge for permission to take out up to $2 million in additional Chapter 11 financing from the California city it had planned to build a resort in, saying it needs the funds to wind down its Chapter 11 case.

  • September 02, 2025

    Bankruptcy Judge Nixes Bedmar's Delaware Two-Step Ch. 11

    A Delaware bankruptcy judge has thrown out the Chapter 11 case of Bedmar LLC, a subsidiary of pharmaceutical manufacturing company National Resilience HoldCo Inc., finding that the case was filed for a "tactical advantage" and not in good faith.

  • September 02, 2025

    Party City, Wag!, Diocese Of Syracuse Get Ch. 11 Plans OK'd

    U.S. bankruptcy courts approved several major Chapter 11 plans: a Texas judge confirmed Party City's liquidation plan, Delaware approved Wag! Group's debt-to-equity restructuring, and New York approved the Diocese of Syracuse's $176 million sexual abuse settlement.

  • September 02, 2025

    Post-Ch. 11 Teligent 'Caremark' Suit Moves Forward In Del.

    In a rare decision, Delaware's chancellor on Tuesday kept alive "Caremark" duty of oversight claims against most former officers and directors of a generic-drug maker previously known as Teligent.

  • September 02, 2025

    Dr. Phil's Media Co. Says It Has Reached Ch. 11 Funding Deal

    Attorneys for Merit Street Media, the bankrupt broadcasting group co-founded by Dr. Phil, told a Texas bankruptcy judge Tuesday it reached deals to drum up additional Chapter 11 funding and create recoveries for unsecured creditors.

  • August 29, 2025

    Big Brands To Hit Bankruptcy In 2025 So Far

    When packaged-foods giant Del Monte filed for bankruptcy this summer with $1.23 billion in debt, it became another iconic brand to seek relief in bankruptcy court, joining public-facing names such as Claire's and Hooters of America.

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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