Mid Cap

  • November 24, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week delivered a packed mix of fraud allegations, merger fallout, corporate-governance reforms and jurisdictional fights, while a new academic report ignited debate over attorney fee awards in Delaware's influential corporate forum.

  • November 24, 2025

    Ophthalmic Co. Hits Ch. 11 With $64M Debt, Eyeing Sale

    Clearside Biomedical, a company developing treatments for eye diseases, has filed for Chapter 11 protection in Delaware bankruptcy court with $64 million in debt, saying it will attempt to sell its business during the case.

  • November 24, 2025

    American Signature Furniture Hits Ch. 11 With Sale Plan

    Home furnishing retailer American Signature Furniture filed for Chapter 11 protection in Delaware on Saturday with a plan to close 33 of its stores and sell the remainder of its business to affiliates of its current owners.

  • November 21, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Rite Aid will head to court to seek approval of its second reorganization plan in one year and justify its third-party releases in the aftermath of the U.S. Supreme Court's Purdue decision. Film production company Village Roadshow is scheduled for a hearing where it will fight a bid to stop its asset sale. And electric-truck maker Nikola is expected to attempt to collect the proceeds of an auction.

  • November 21, 2025

    Rusoro Accuses Gold Reserve Of Trying To Hinder Citgo Sale

    Rusoro Mining has accused Gold Reserve, a fellow creditor of Venezuela, of trying to undermine an auction process in Delaware federal court for Citgo Petroleum Corp.'s parent company "in any manner possible, and at any cost."

  • November 21, 2025

    Stay Denied In Ch. 11 Suit Over $100M Special Needs Fraud

    A Florida bankruptcy judge on Friday declined to halt an adversary class action against a Texas bank accused of aiding the alleged $100 million theft from a special needs trust, allowing document discovery to proceed while the bank's motion to toss the case is pending. 

  • November 21, 2025

    PrimaLend Pauses Affiliate Payments In Revised DIP

    A Texas bankruptcy judge Friday approved amended Chapter 11 financing for auto dealership lender PrimaLend Capital Partners that smooths over new objections from unsecured creditors by suspending debt payments to an affiliate of the company.

  • November 21, 2025

    Ex-US Trustee Director's Firing Appeal Tossed, For Now

    The former head of the U.S. Department of Justice's bankruptcy watchdog program had her appeal challenging her abrupt firing dismissed, at least for now, while a federal agency mulls questions around executive power in separate cases.

  • November 21, 2025

    Ex-Gordon Rees Atty Reprimanded For Mistakes Blamed On AI

    An Alabama bankruptcy judge won't sanction Gordon Rees Scully Mansukhani LLC for a filing submitted by one of its former lawyers that contained mistakes blamed on artificial intelligence, but has reprimanded the attorney and ordered her to notify her clients about the reprimand.

  • November 21, 2025

    1st Circ. Agrees Gibson Owns Liberace's Glitzy Piano

    The First Circuit affirmed a jury's finding that a nine-foot-long, rhinestone-encrusted piano used by entertainer Liberace belongs to musical instrument maker Gibson and not a Massachusetts man.

  • November 20, 2025

    NoMo SoHo Hotel Owner Seeks $125M Sale In Ch. 11

    A New York bankruptcy judge agreed Thursday to approve sale procedures for the insolvent owner of the NoMo SoHo Hotel in Manhattan, setting it on a path to wrap up the process in just 20 days.

  • November 20, 2025

    Village Roadshow Noteholders Blast Warner Bros. Bid To Sue

    Noteholders of Village Roadshow Entertainment Group, the bankrupt company that co-produced blockbuster films including "The Matrix," have lashed out at an effort by Warner Bros. to sue them, saying it would effectively hold the Chapter 11 case hostage and is part of a multipronged attack on the debtor's restructuring process.

  • November 20, 2025

    Chancery Says $33M Nikola Deal 'More Than Fair'

    Delaware Chancellor Kathaleen St. J. McCormick granted final approval Thursday to a pair of settlements totaling more than $33 million, including more than $1.8 million in fees and expenses, resolving years of shareholder litigation tied to Nikola Corp.'s fraud-shadowed SPAC merger.

  • November 20, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A Texas bankruptcy judge ruled claims against Wellpath's parent were released by its Chapter 11 plan, companies tied to the Hudson Hotel sought over $12 million and the Fifth Circuit rejected a decision that a bankruptcy court had jurisdiction over a post-confirmation contract dispute.

  • November 20, 2025

    Chinese Developer Has A Week To Reply To Involuntary Ch. 11

    Xinyuan Real Estate, a developer based in Beijing, has until next Wednesday to respond to an involuntary bankruptcy petition that three of its creditors brought in April alleging the company is in default on $170 million in note debt, a judge in New York ruled Thursday.

  • November 20, 2025

    2nd Circ. Nixes REIT's CLO Fund Mismanagement Claims

    The Second Circuit has backed the dismissal of mismanagement and fraud counterclaims lodged by a real estate investment trust and its subsidiary in a dispute involving a collateralized loan-obligation investment fund, ruling that related agreements for the fund don't support their counterclaims.

  • November 20, 2025

    Office Snapshot: Chipman Brown's Modern Expansion In Del.

    In recently expanding the size of its office in Wilmington, Delaware, Chipman Brown Cicero & Cole LLP said the renovated space was designed with "productivity and comfort in mind."

  • November 20, 2025

    Unlockd Is Latest Google Foe To Seek Judge's Recusal

    Unlockd Media has become at least the second Google antitrust foe to seek the recusal of U.S. District Judge Haywood S. Gilliam Jr. over his close relationship with Google's vice president for litigation and discovery.

  • November 19, 2025

    Lawmakers Urge High Court To Curb SEC's Receivership Powers

    A group of Republican lawmakers is urging the U.S. Supreme Court to take up a Texas businessman's case challenging the U.S. Securities and Exchange Commission's ability to place businesses into court-appointed receivership before a trial.

  • November 19, 2025

    23andMe Seeks OK For Ch. 11 Plan With Release Tweaks

    Attorneys for former DNA testing company 23andMe urged a Missouri bankruptcy judge Wednesday to approve its Chapter 11 liquidation plan, which resolved objections from states and the U.S. Trustee tied to claim releases.

  • November 19, 2025

    Maverick Approved For Fabrication Biz Sale In Ch. 11

    A Texas bankruptcy judge approved Maverick Gaming for a Chapter 11 sale of its fabrication business Wednesday, saying the company found the best deal for the assets even though the sale is to an insider.

  • November 19, 2025

    Whole Foods' $1M Asbestos Suit Survives Dismissal Bid

    Whole Foods can proceed with its $1 million lawsuit over construction work that freed asbestos and forced a store to close temporarily, after a North Carolina Business Court judge ruled the grocer alleged enough to support contract breach claims against a plaza owner and sublessor.

  • November 19, 2025

    Pillsbury Asks 2nd Circ. To Guard $4M Client Fee From SEC

    Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.

  • November 19, 2025

    Dallas Stars Ask Bankruptcy Court To Stop Mavericks Suit

    The owner of the Dallas Stars hockey team asked a Texas bankruptcy judge to reopen the club's 2011 bankruptcy case to enforce its confirmation order and stop a suit from the NBA's Dallas Mavericks seeking to remove the NHL team from their American Airlines Center arena lease.

  • November 19, 2025

    Meet The Attys Helping PrimaLend's Creditors Committee

    The unsecured creditors committee for subprime auto loan company PrimaLend Capital Partners LP has hired attorneys from boutique firm Vartabedian Hester & Haynes LLP to help it execute its role in the bankruptcy.

Expert Analysis

  • GENIUS Act Could Muck Up Insolvency Proceedings

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    While some of the so-called GENIUS Act's insolvency provisions are straightforward, others run the risk of jeopardizing the success of stablecoin issuers' insolvency proceedings and warrant another look from Congress, say attorneys at Morgan Lewis.

  • Playing The Violin Makes Me A Better Lawyer

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    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

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    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Despite Dark Clouds, Outlook For US Solar Has Bright Spots

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    While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.

  • Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

  • 9th Circ. Has Muddied Waters Of Article III Pleading Standard

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    District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.

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