Mid Cap

  • October 03, 2025

    Judge Says Stoli Can't Pay Back Its Bank With Bourbon

    A Texas bankruptcy judge on Friday rejected Stoli Group USA's Chapter 11 plan, saying the vodka maker's proposal to pay off $78 million in secured debt with 35,000 barrels of unfinished bourbon is unfeasible in the face of a crashing worldwide market for the spirit.

  • October 03, 2025

    Insurance Refund Goes To BurgerFi's Ch. 11 Plan Trustee

    A Delaware bankruptcy judge has ruled that $885,000 in refunded insurance premiums are property of the liquidation trust created under the Chapter 11 plan of BurgerFi International, finding those assets were specifically excluded from the assets purchased by secured lender TREW Capital last year.

  • October 03, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Kidde-Fenwal is asking to send its Chapter 11 plan to creditors for a vote, despite steadfast objections from states who say the firefighting foam maker hasn't given enough information on releases in its latest disclosure statement.

  • October 03, 2025

    LA Film Site Agent Files Ch. 11 After Wildfires, MCA Loans

    Image Locations Inc., a company that helps movie and television productions rent space to film, filed for small-business Chapter 11 in California bankruptcy court, saying it needed protection from lenders which extended financing after the Los Angeles wildfires led to the cancellation of film projects.

  • October 03, 2025

    Razzoo's DIP Hearing Pushed As Lender Proposal Emerges

    Cajun restaurant chain Razzoo's Inc. said Friday that it will consider competing offers for debtor-in-possession financing after its prepetition lender submitted a new proposal, and asked a Texas bankruptcy court to allow more time before the DIP hearing.

  • October 03, 2025

    Jackson Walker, Ex-Insurer Settle Judge Romance Claims

    In the latest settlement with Jackson Walker over a former partner's secret romance with an ex-bankruptcy judge, the litigation trustee for defunct life insurance bond settler GWG Holdings Inc. reached a $405,000 deal Friday to settle its claims against the law firm.

  • October 03, 2025

    Jones Walker Adds Atty Who Operated Litigation Boutique

    Jones Walker LLP has hired an attorney who formerly operated her own litigation boutique to bolster the firm's bankruptcy and restructuring team and its capacity to handle various types of insolvency and commercial matters.

  • October 03, 2025

    The Roberts Court At 20: How The Chief Is Reshaping America

    Twenty years after John Roberts became the 17th chief justice of the United States, he faces a U.S. Supreme Court term that's looking transformative for the country and its institutions. How Justice Roberts and his colleagues navigate mounting distrust in the judiciary and set the boundaries of presidential authority appear increasingly likely to define his time leading the court.

  • October 03, 2025

    Atlantic City Timeshare Co. Gets OK For Ch. 11 Plan

    A New Jersey bankruptcy judge has approved Atlantic City timeshare business Flagship Resort Development's Chapter 11 liquidation plan, overriding objections to the plan's liability releases.

  • October 02, 2025

    Jackson Walker Can't Duck Judge Romance Suit, Court Told

    A group of bondholders Thursday urged a Texas federal judge not to throw out its suit over a former Jackson Walker LLP partner's secret romance with a bankruptcy judge, arguing that the firm "has a problem with telling the truth" and it's "back at it again."

  • October 02, 2025

    Some Courts Pause Bankruptcies Amid DOJ Staff Furlough

    Several bankruptcy courts nationwide have paused deadlines, hearings and entire cases involving federal agencies after the government shutdown sent thousands of U.S. Department of Justice employees on furlough, including more than half of the staff it uses to oversee the bankruptcy system.

  • October 02, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A Connecticut judge threw out a challenge that an entity accused of acting as an alter ego for securities fraudster Miles Guo had brought to a bankruptcy court's orders, an angel investor with ties to FTX asked a bankruptcy judge to sanction the crypto empire's trust for opposing a donation he's seeking to make, and a software company announced a plan to cut most of its debt and net $50 million in capital.

  • October 02, 2025

    Celsius Wants Liquidator Out Before Mawson Ch. 11 Dismissal

    Former crypto platform Celsius said creditors who placed Mawson Infrastructure into bankruptcy in Delaware should ensure that an Australian liquidator whose appointment they pushed for is removed before the bitcoin miner's Chapter 11 is dismissed.

  • October 02, 2025

    Attys Get Mixed NJ Discipline After Fraud Convictions

    The New Jersey Supreme Court has disbarred ex-Sacks Weston attorney Scott Diamond from the practice of law in the Garden State following his conviction for fraudulently resolving cases behind the back of his old firm, according to filings issued Thursday.

  • October 02, 2025

    Ch. 11 Trustee Appointed In Eventide Bankruptcy

    A Texas bankruptcy judge has appointed a Chapter 11 trustee in the bankruptcy of Eventide Credit Acquisitions following a request from the official committee of unsecured creditors.

  • October 02, 2025

    Cajun Restaurant Chain Hits Ch. 11 Amid Consumer Shifts

    Cajun restaurant chain Razzoo's filed for Chapter 11 protection in Texas bankruptcy court, citing consumer shifts since the COVID-19 pandemic began that have led to financial distress and made it necessary for the business to seek relief from onerous lease obligations and reduce its store count.

  • October 02, 2025

    NYC Nightclub Settles With Ch. 11 Creditors For Sale, Plan

    The owner of the Brooklyn Mirage music venue has proposed a settlement with its creditors' committee that will oust its current owner and pay unsecured creditors $3.3 million, allowing a sale of assets to a prepetition lender to go through without objection.

  • October 01, 2025

    Coinbase Gets Securities Suit Over Biz Risks Trimmed

    A New Jersey federal judge trimmed claims from a class action against Coinbase alleging the crypto exchange misrepresented or concealed parts of its business, ruling that claims tied to bankruptcy risk and regulatory disclosures that aren't based on group pleading can proceed, while claims related to proprietary trading statements were dismissed.

  • October 01, 2025

    Even Bad Faith Ch. 13 Debtor Has 'Absolute' Dismissal Right

    A New Jersey bankruptcy judge has ruled that a Chapter 13 debtor has the "absolute" right to have his bankruptcy case voluntarily dismissed, even if it was filed in bad faith, an issue not yet decided by the U.S. Court of Appeals for the Third Circuit.

  • October 01, 2025

    Alex Jones Ch. 7 Stay Doesn't Protect Co. Assets, Judge Says

    The Texas bankruptcy judge overseeing the Chapter 7 case of right-wing conspiracy theorist Alex Jones said Wednesday the automatic stay of the bankruptcy does not extend to the assets of Jones' media company, Free Speech Systems.

  • October 01, 2025

    Conn. Diocese Attys Slam US Trustee's $3.1M Fee Complaint

    The Norwich Roman Catholic Diocesan Corp.'s attorneys at Ice Miller LLP and Robinson & Cole LLP, along with other bankruptcy advisers, have disputed a U.S. Trustee's claims that nearly $3.1 million in combined professional fees were not actual, necessary and reasonable in light of a mediator's efforts.

  • October 01, 2025

    Listeria Recall, After-Effects Put Cheesemaker In Ch. 11

    The consequences of listeria contamination at cheesemaker Rizo-Lopez Foods Inc.'s production facility pushed a family-owned company that had grown from a San Francisco distributor to a nationwide cheese purveyor toward Chapter 11.

  • October 01, 2025

    Platinum Awarded $7M In Ch. 15 Row With Portfolio Manager

    A New York bankruptcy judge has ruled a former portfolio manager at Platinum Partners must pay administrators for the defunct hedge fund more than $7 million for improperly exercising a warrant to buy biopharmaceutical stock.

  • October 01, 2025

    Hub Hires: Morgan Lewis, WilmerHale, Simpson Thacher

    Other than the Red Sox and a few muggy late summer days, few things were hotter in September than the Boston legal market. Morgan Lewis made four lateral hires, WilmerHale welcomed back an experienced life sciences attorney, and Simpson Thacher snagged a former Goodwin banking lawyer.

  • September 30, 2025

    Judge OKs Desktop Metal Ch. 11 Liquidation

    A Texas bankruptcy judge Tuesday approved a liquidation plan for bankrupt 3D printer designer Desktop Metal Inc. after the debtor struck an agreement with its parent company and key lender.

Expert Analysis

  • 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.

  • How Design Thinking Can Help Lawyers Find Purpose In Work

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    Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.

  • Competitive Weightlifting Makes Me A Better Lawyer

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    The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law.

  • Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

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    The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable mootness doctrine, and may set up a U.S. Supreme Court review of the doctrine in the near future, say attorneys at Cleary.

  • Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.

  • Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • Ch. 11 Ruling Confirms Insurer Standing Requirements

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    A New York bankruptcy court's recent decision in the Syracuse Diocese's Chapter 11 case indicates that insurers have misread the U.S. Supreme Court’s 2024 ruling in Truck Insurance Exchange v. Kaiser Gypsum and that federal standing requirements remain unaltered, say attorneys at Lowenstein Sandler.

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