Mid Cap

  • September 29, 2026

    DOJ Says Trump Name Is Key To Kennedy Center Survival

    The U.S. Department of Justice told the D.C. Circuit the Kennedy Center's donors will flee if his name isn't put back on the building, arguing in its opening brief to the appeals court that the institution faces "financial ruin" without "appropriate recognition" for Trump.

  • September 29, 2026

    Tommy's Boats Owner Says Atty Error Led To $65M Judgment

    The owner of defunct boat and water sports dealer Tommy's Boats sued the company's former attorneys from Miller Johnson Snell & Cummiskey in Michigan state court, accusing them of failing to ensure its supplier would buy back unsold inventory in the event of a loan default, an alleged oversight that left the owner personally liable for $65 million.

  • September 29, 2026

    Crypto Biz Poolin To Redo Contested Ch. 11 Auction

    Cryptocurrency miner Poolin Technology told a New Jersey bankruptcy judge Tuesday it would hold a new auction for its assets after the stalking horse bidder and other losing bidders objected to how the previous one was conducted, saying it would try again to fetch the highest possible price.

  • September 29, 2026

    Catching Up With New Bankruptcy Case Action

    The corporate parent of Florida's high-speed rail system Brightline filed for Chapter 11 to rework its debt. A real estate data and artificial intelligence firm sought bankruptcy protections to stave off a foreclosure. A longtime Sonoma Valley vineyard filed for Chapter 11, and more.

  • September 29, 2026

    Global Wound Care Doesn't Want Creditor's Creditor In Ch. 11

    Bankrupt specialty medical company Global Wound Care Medical Group objected to a bid by a creditor of one of its creditors to intervene in its Chapter 11 case.

  • September 29, 2026

    Salad Chain Gets OK For $143M Lease Sale In Ch. 11

    A Texas bankruptcy judge Tuesday approved drive-thru chain Salad and Go's request to sell 73 of its leases to coffee chain 7 Brew for $143 million, clearing the way for a resolution to the case that could see creditors repaid in full.

  • September 29, 2026

    Insolvency Service Expands Abusive Phoenixism Taskforce

    The Insolvency Service said Thursday it has launched an expanded taskforce to tackle abusive phoenixism as part of a wider strategy aiming to improve action against misconduct.

  • September 29, 2026

    Senate Passes Bankruptcy Bill Restoring Higher Debt Limits

    The U.S. Senate passed a House-approved bill that would bring back and make permanent higher debt limits for small businesses and individuals accessing streamlined restructuring processes.

  • September 28, 2026

    Parler Wasn't Worth Much When CEO Was Fired, Jury Told

    A company valuation expert testified Monday in the trial over Parler's 2021 ouster of its CEO that the company had little value at the time and that insider estimates in the hundreds of millions of dollars were "speculation."

  • September 28, 2026

    Camp Mystic Opposes Fee Terms For Committee Counsel

    Camp Mystic is asking a Texas bankruptcy judge to reject a request by unsecured creditors to retain professionals but only pay them if the creditors choose to fight the bankrupt summer camp's proposed Chapter 11 liquidation plan.

  • September 28, 2026

    Purdue, Ch. 15 Top Of Judges' Minds At ABI Event

    Bankruptcy judges continued to grapple with the U.S. Supreme Court's decision barring nonconsensual third-party releases, as well as forum shopping both domestically and abroad, during a recent American Bankruptcy Institute event.

  • September 28, 2026

    FreshRealm Ch. 11 Plan Approved Over US Trustee Objection

    Food kit service FreshRealm Inc. received approval from a New Jersey bankruptcy judge Monday for its Chapter 11 plan over the objections of the U.S. Trustee's Office concerning third-party releases and injunction provisions.

  • September 28, 2026

    Katerra Inks Deal Clawing Back $560K In Jackson Walker Fees

    The administrator for construction startup Katerra Inc.'s Chapter 11 plan has told a Texas bankruptcy court he reached a $560,000 settlement with Jackson Walker LLP over the fees the firm was awarded in the case by a bankruptcy judge who was dating a Jackson Walker partner.

  • September 28, 2026

    SilverRock Trustee Dismissed Over Ch. 11 Fund Transfers

    A Delaware bankruptcy judge terminated the litigation trustee appointed under the confirmed Chapter 11 plan of California resort developer SilverRock Development on Monday after hearing from creditors that more than $2.2 million had been transferred out of trust accounts in recent months.

  • September 28, 2026

    Insurer Seeks Exit From Pharma Co.'s $50M Creditor Dispute

    An insurer for a San Francisco pharmaceutical company told a California federal court it owes no duty to defend the company in a suit from a creditor and shareholder alleging directors and officers mismanaged the company to protect their equity, saying a creditors exclusion bars coverage.

  • September 28, 2026

    Creditor Has Priority Over Co.'s Tax Refunds, Court Says

    An Australian coal mining company's secured creditor has first priority over a chunk of about AU$7.5 million ($5.3 million) in contested tax refunds compared with a company that purchased the refunds, the Supreme Court of Queensland said, reversing a trial court's decision.

  • September 28, 2026

    Spirit Sells Aircraft, Brightline Florida Parent Files Ch. 11

    Spirit Airlines won approval to sell 27 aircraft for $668 million, while Florida's Brightline parent company pursued a restructuring of more than $1 billion in bond debt. Wendy's said one of its largest U.S. franchisees no longer has the right to operate 314 restaurants. Lugano Diamonds secured confirmation of its liquidation plan.

  • September 28, 2026

    Resort Developer Gets OK For New $177M DIP, Lender Deal

    A Texas bankruptcy judge on Monday gave Five Star Development permission to take out $177.5 million in new Chapter 11 financing and refinance part of its prebankruptcy debt after hearing the resort developer is close to a deal to trim what it owes its other major creditor.

  • September 28, 2026

    Munsch Hardt Adds Husch Blackwell Bankruptcy Pro In Austin

    Munsch Hardt Kopf & Harr PC announced Monday that it has strengthened its bankruptcy, restructuring and insolvency practice with an Austin-based partner who came aboard from Husch Blackwell LLP.

  • September 28, 2026

    Judge Tosses NJ Developer's Ch. 11, Citing Harm To Creditor

    A New Jersey bankruptcy judge has dismissed the Chapter 11 case of the company developing a 120-unit residential complex in the state, finding the creditor that made the request stood to be harmed more by the proceeding than the debtor would be with its bankruptcy tossed.

  • September 28, 2026

    Scottish Broker Accused Of Embezzlement Ruled Bankrupt

    The Financial Conduct Authority on Monday said it has secured a bankruptcy order against a Scotland-based insurance broker who is currently awaiting trial on embezzlement charges. 

  • September 28, 2026

    Defendants Get Costs For Ralan Liquidators' Late Doc Drop

    A Federal Court has ordered the collapsed Ralan Property group's liquidators to pay costs for a hearing cancelled after they served extensive document summaries on its former head of sales at short notice, but declined to penalise their use of AI to prepare them.

  • September 25, 2026

    Meet The Attorneys Serving Up Wendy's Franchisee's Ch. 11

    Three partners from McDonald Hopkins LLC are counseling Wendy's franchisee Meritage Hospitality Group Inc. in its bid at reorganization.

  • September 25, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Microbiome treatment company Finch Therapeutics will undergo a hearing on a proposed settlement in its Chapter 11 case, Inspired Healthcare will seek approval of an asset sale and Spirit Airlines will ask for a bankruptcy court's permission to sell its data.

  • September 25, 2026

    Del. Chancery Says Curonix Owns Stimwave Shares

    The medical device company Curonix LLC has won its lawsuit against the founder of Stimwave Technologies Inc., with Delaware's Court of Chancery finding that the plaintiff is the rightful holder of 75,000 shares of the company it purchased in bankruptcy.

Expert Analysis

  • Law School's Missed Lessons: Surviving A Long Trial

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    Most of law school trial advocacy is geared toward the sprint of trying a short case, but beyond managing a cross-examination or closing argument, effectively handling the marathon of a lengthy trial requires the ability to maintain composure, organization and credibility with the jury, says Mihir Elchuri at Hirschler.

  • Going To Hardcore Shows Makes Me A Better Lawyer

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    While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are about community, focus, being prepared for the unexpected and managing chaos, says Isaac Natter at Fluet.

  • Student Loan Revamp Leaves Bankruptcy Untouched

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    Recent changes to the Graduate PLUS student loan program may moderate borrowing and simplify repayment, but they may also shift financial distress into a bankruptcy system whose treatment of educational debt remains largely unchanged, say Jaclynn McDonnell at Stevens & Lee.

  • QVC Ch. 11 Confirmation Shows Independent Directors' Value

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    QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-functioning independent director frameworks can create the evidentiary and governance foundation necessary to resolve complex intercompany disputes, preserve value and secure judicial approval of contested transactions, say attorneys at Choate.

  • Teaching SEC Investigations Makes Me A Better Lawyer

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    Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoughtful, deliberate practitioner because it requires me to continually reassess and challenge what I know about securities law enforcement, how I know it and how best to explain it, says David Chase at Miami Law.

  • Why The 2nd Circ. Upheld Beneficial Ownership Blockers

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    The Second Circuit recently held that a properly drafted contractual blocker — which caps an investor's beneficial ownership below 10% and automatically voids any transaction that would breach the cap — shields the investor from Section 16(b) liability, demonstrating that blockers have teeth, say attorneys at Sheppard.

  • FDIC Proposals Mark Pullback In Bank Resolution Rules

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    A recent pair of Federal Deposit Insurance Corp. proposals would fundamentally reshape testing of banks' resolution-related capabilities from a mandatory exercise to a voluntary one supported by significant financial incentives, amounting to an overall reduction in reporting requirements, say attorneys at Moore & Van Allen.

  • Being A Singer Makes Me A Better Lawyer

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    Before law school, I spent seven years trying to make it as a professional singer in Los Angeles, and nearly everything I learned about preparation, humility, confidence and more has followed me into my legal practice, says Jessica Caterina at Moses & Singer.

  • What PE Practitioners Need To Know About New Del. ABC Act

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    Delaware's new Assignment for the Benefit of Creditors statute represents a structural shift in how companies backed by private equity can be wound down and provides a more streamlined tool for managing sponsor liability without the public visibility of a bankruptcy proceeding, says Evelyn Meltzer at Troutman Pepper.

  • Being A Magician Makes Me A Better Lawyer

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    The skills I've developed as a lifelong magician have translated directly into tangible benefits in the courtroom because performing magic and trying cases both live at the intersection of psychology, storytelling, timing and disciplined rehearsal, says Mark Dombroff at Fox Rothschild.

  • How Ch. 11 Debtors Can Stop MCA Receivables Raids

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    Approximately 42 merchant cash advance lenders are involved in the recently filed Chapter 11 bankruptcy of SIMAD Holdings, illustrating that debtors-in-possession must work with committees to preserve the receivable stream before litigating priority, says attorney Kenneth Rosen.

  • 5 Rulings Clarify Limits On Chapter 15 Public Policy Exception

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    Recent bankruptcy decisions from New York and Delaware federal courts distinguish between relief a U.S. bankruptcy court may grant in a domestic case and relief it may recognize under Chapter 15 of the Bankruptcy Code when a foreign court has entered the order, say attorneys at Pierson Ferdinand.

  • Congress Must Resolve Growing Subchapter V Uncertainty

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    Congress must pass a bill to permanently restore the Subchapter V debt limit and clarify several other key points of the law to prevent a practical restructuring tool from becoming a costly procedural morass, says Ted Gavin at Gavin Solmonese.

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