Mid Cap

  • November 14, 2025

    New Orleans Diocese's $230M Ch. 11 Deal To Face Lender Fire

    After five years in bankruptcy, the New Orleans Catholic diocese is heading for a high-stakes, multiday trial on its Chapter 11 plan on Monday with the support of sexual abuse claimants who cut a $230 million deal for survivors, but strong opposition from bondholders facing a more than $20 million haircut.

  • November 14, 2025

    Mawson Says Ex-CEO Misled Board To Land $2.6M Bonus

    Mawson Infrastructure Group has accused its former CEO in Delaware's Chancery Court of concealing the bitcoin mining company's deteriorating finances and the collapse of a key prospective contract so he could secure board approval for a bonus worth about $2.6 million.

  • November 14, 2025

    Watchmaker Fossil Wins Ch. 15 Nod For $150M Debt Rework

    A Texas bankruptcy judge has granted the Chapter 15 petition of the United Kingdom unit of jewelry maker Fossil, giving U.S. recognition of a deal that will restructure $150 million in unsecured notes, drum up $32.5 million in liquidity and provide releases.

  • November 14, 2025

    Tricida Trustee Jackson Square Sues Over $740M Loss

    The liquidating trustee for bankrupt drug developer Tricida has filed a complaint in U.S. Bankruptcy Court for the District of Delaware accusing seven former executives and directors, along with an investment firm, of systematically stripping more than $740 million in corporate assets through insider trading, self-approved bonuses and a deliberate failure to protect valuable tax attributes before its 2023 collapse.

  • November 14, 2025

    What's Happening In Bankruptcy Court This Coming Week

    The Roman Catholic Archdiocese of New Orleans, Yellow Corp. and 23andMe will each go before a bankruptcy judge over the coming week to seek Chapter 11 plan confirmation.

  • November 14, 2025

    MVP: Weil's Ronit Berkovich

    Ronit Berkovich of Weil Gotshal & Manges LLP's bankruptcy practice ascended to co-chair of her team and helped guide Avon Products through a roughly $1.3 billion Chapter 11 case to plan confirmation, earning her a spot as one of the 2025 Law360 Bankruptcy MVPs.

  • November 14, 2025

    Fintech Co. Synapse's Ch. 11 Tossed After Failed Sale Efforts

    Former banking middleware firm Synapse Financial Technologies Inc.'s Chapter 11 has been dismissed by a California bankruptcy judge after the debtor said it didn't have the funds to try to sell its assets again.

  • November 13, 2025

    Dr. Phil Media Co. Must Trim Expenses In Ch. 11, Judge Says

    A Texas bankruptcy judge on Thursday significantly trimmed a request by Merit Street Media to pay administrative expenses in its bankruptcy case, expressing concern that the company is appealing its case's Chapter 7 conversion while running its business at a loss.

  • November 13, 2025

    Texas' Bankruptcy Judge Romance Scandal, 2 Years Later

    It's been more than two years since the news of the undisclosed romantic relationship between former U.S. Bankruptcy Judge David Jones and former Jackson Walker attorney Elizabeth Freeman rocked Houston's popular bankruptcy court.

  • November 13, 2025

    Meet The Key Players In Houston's Bankruptcy Ethics Scandal

    In October 2023, the Southern District of Texas' rising bankruptcy court was shaken by the sudden resignation of then-U.S. Bankruptcy Judge David R. Jones, after a lawsuit and media reports revealed he had been in a romantic relationship with a local bankruptcy lawyer, Elizabeth Freeman, information that neither Jones nor the attorney disclosed to clients.

  • November 13, 2025

    Maverick Gaming OK To Sell Colo. Casino For $25.5M In Ch. 11

    A Texas bankruptcy judge on Thursday approved casino operator Maverick Gaming's sales of a casino in Colorado for $25.5 million and card rooms in Washington state, months after the company received permission to sell other gambling operations in Chapter 11.

  • November 13, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A Long Island Catholic diocese brought its Chapter 11 case to a close, the U.S. trustee objected to a bid by metal recycling company Aleon Metals to end its Chapter 11, and remodeling group Renovo was slapped with two putative class actions.

  • November 13, 2025

    Judge Halts Jackson Walker Secret Romance Settlements

    A Texas federal judge has paused a number of settlements between Jackson Walker LLP and former clients, criticizing the firm for trying to undermine the U.S. Trustee's investigation into alleged malpractice stemming from a secret romance between a former partner and a bankruptcy judge.

  • November 13, 2025

    Silvergate Bank Parent Gets OK For Ch. 11 Plan

    A Delaware bankruptcy judge on Thursday approved the Chapter 11 plan of the parent company of failed cryptocurrency-focused Silvergate Bank after hearing the company had resolved all objections to the proposal.

  • November 13, 2025

    MVP: Sullivan & Cromwell's James Bromley

    James Bromley, a partner at Sullivan & Cromwell LLP, has handled some of the country's largest and most complex bankruptcy cases in the past year — including FTX Trading Ltd., SVB Financial Group and Diamond Sports, representing Major League Baseball — earning him a spot as one of the 2025 Law360 Bankruptcy MVPs.

  • November 13, 2025

    Mining Co. Digs At Friend Turned Foe In $7.38B Citgo Battle

    A Bermuda mining company has sued a Canadian counterpart in the Delaware Chancery Court for allegedly using insider information from a confidential bidding alliance to switch sides in a court-run auction of Citgo Petroleum's parent company.

  • November 13, 2025

    Efforts To DQ Judge In Venezuelan Debt Case Come Up Short

    A federal judge on Thursday denied efforts to unseat him and the court-appointed special master overseeing the sale of Citgo's parent company to satisfy billions of dollars in Venezuelan debt, ruling that the motions are both procedurally defective and unmeritorious.

  • November 12, 2025

    Oakland Diocese Gets Another 2 Weeks For Plan Talks

    A California bankruptcy judge agreed Wednesday to postpone dismissing the Roman Catholic Diocese of Oakland's Chapter 11 case for two more weeks, after a mediator overseeing plan discussions said there was a "light at the end of the tunnel."

  • November 12, 2025

    MMA Law Inks More Deals Over Hurricane Claims

    MMA Law has urged a Texas bankruptcy court to approve two new settlements with other law firms to resolve its claims that the firms were holding on to money MMA was owed for representing Louisiana hurricane victims. 

  • November 12, 2025

    MVP: Paul Hastings' Jayme Goldstein

    Jayme Goldstein, the co-chair of Paul Hastings' restructuring group, has represented creditors with billions of dollars in claims to negotiate and defend restructuring support agreements behind the complex Chapter 11s of broadcaster Diamond Sports, The Container Store and retail brand owner Franchise Group, earning him recognition as one of the 2025 Law360 Bankruptcy MVPs.

  • November 12, 2025

    Edelson Enters 'Clean' Dismissal In Girardi Atty Case

    Edelson PC has submitted a "clean and unadulterated" dismissal of its conversion case against two former attorneys from the now-defunct law firm Girardi Keese after an Illinois federal judge took issue with a previous version of the stipulation.

  • November 12, 2025

    FTE Accuses Ex-CEO Of Staging Ch. 11 'Stunt'

    Board members of telecommunications company FTE are asking a New York bankruptcy court to dismiss the company's Chapter 11 case, alleging its former CEO filed papers putting the firm in bankruptcy as a "stunt" without counsel or the necessary approval of the board and majority shareholders.

  • November 12, 2025

    Catching Up With New Bankruptcy Case Action

    Solar energy company Pine Gate Renewables hit bankruptcy with over $1 billion in debt, a home remodeling company entered Chapter 7 with over $100 million in debt, and a luxury developer filed for Chapter 11 in Texas.

  • November 12, 2025

    Walker Edison Gets OK To Seek Votes On Liquidation Plan

    Online furniture retailer Walker Edison can seek votes on its postsale Chapter 11 liquidation plan, a Delaware bankruptcy judge said Wednesday after finding that an objection to releases in the plan is an issue for the confirmation hearing.

  • November 10, 2025

    Law360 MVP Awards Go To Top Attorneys From 76 Firms

    The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.

Expert Analysis

  • Administrative Disaster At Bankruptcy Courts May Be In Sight

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    If, as a result of voluntary resignations or terminations, the professional staff of the U.S. Trustee's Office is depleted, it will undoubtedly cause a slowdown in the administrative process for the significant majority of bankruptcy cases, says Charles Tatelbaum at Tripp Scott.

  • An Unrestrained, Bright-Eyed View Of Legal AI's Future

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    Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.

  • Tracking The Evolution In Litigation Finance

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    Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

  • Law School's Missed Lessons: Preparing For Corporate Work

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    Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.

  • A Cold War-Era History Lesson On Due Process

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    The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.

  • Improv Makes Me A Better Lawyer

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    Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup.

  • How BigLaw Executive Orders May Affect Smaller Firms

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    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

  • Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

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    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • How To Accelerate Your Post-Attorney Career Transition

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    Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.

  • Law School's Missed Lessons: Be An Indispensable Associate

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    While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.

  • 23andMe Case Highlights Privacy Complexities In Ch. 11

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    Attorneys at Pryor Cashman discuss the interplay between a sale of personally identifiable information and bankruptcy law in light of genetics and health company 23andMe's recent filing for Chapter 11 relief.

  • Birding Makes Me A Better Lawyer

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    Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.

  • Adapting To Private Practice: From DOJ Leadership To BigLaw

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    The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.

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