Mid Cap

  • May 13, 2025

    10x Genomics, Bruker Strike Deal After $31M Patent Verdict

    Gene sequencing technology firm 10x Genomics and scientific instrument maker Bruker Corp. have reached a settlement in a patent infringement lawsuit that previously led biotechnology company NanoString to file for Chapter 11 bankruptcy relief.

  • May 13, 2025

    Silvergate Gets Pause To Examiner Fight After Investor Deal

    A group of investors in the bankrupt parent of Silvergate Bank agreed Tuesday to table its bid to expand the scope of an investigation into potential litigation claims against company insiders after striking a deal with other shareholders over how to split up proceeds from the Chapter 11 estate.

  • May 13, 2025

    Catholic Friars' Insurer Wants Info On Abuse Claims Hack

    An insurer for a bankrupt group of Catholic friars facing child sexual abuse claims said Tuesday it wants access to information on a data breach at a consulting firm retained by a committee representing the claimants in this and multiple other Catholic organization bankruptcies.

  • May 13, 2025

    Catching Up With New Bankruptcy Case Action

    Weight loss business WeightWatchers entered Chapter 11 in Delaware, as did medical technology company Accelerate Diagnostics Inc. and California-based biotechnology company Synthego Corp. Here are the week's new bankruptcy cases.

  • May 13, 2025

    Democracy Forward Picks Up 4 More Ex-DOJ Attys

    The legal advocacy group Democracy Forward has brought on four former U.S. Department of Justice litigators, adding to a string of hires the organization has made from the federal government as it takes on the Trump administration in court.

  • May 13, 2025

    Tariffs Blamed For Upstart Wine And Spirits Co.'s Bankruptcy

    Oracles Capital Inc., a Florida-based wine and spirits brand investor, filed for bankruptcy in Delaware to quickly sell its assets, saying macroeconomic conditions and wine import tariffs have prevented it from raising new money.

  • May 13, 2025

    Vegan Restaurant Chain Planta Hits Ch. 11 With Sale Plans

    Vegan restaurant chain Planta Group has filed for Chapter 11 protection in Delaware, listing up to $50 million in debt and saying it intends to sell the business as part of the bankruptcy process.

  • May 12, 2025

    Kaneka Loses Bid To Sue Danimer Amid Bankruptcy

    A Delaware bankruptcy judge on Monday rejected Japanese chemical company Kaneka's request to lift a stay on litigation against U.S.-based plastics alternative maker Danimer Scientific Inc., finding it would harm the debtor.

  • May 12, 2025

    Young Conaway Asks To Exit Tech Firm IronNet's Ch. 11

    Young Conaway Stargatt & Taylor LLP asked a Delaware bankruptcy judge to let it withdraw from representing reorganized cybersecurity firm IronNet in its Chapter 11, citing rules that let lawyers cut ties if a case creates a financial burden or a client isn't living up to their obligations.

  • May 12, 2025

    Dormify Must 'Get It Together' In Ch. 11, Judge Says

    A Delaware bankruptcy judge on Monday refused to shoot down Google's opposition to bankrupt dorm room decor supplier Dormify's bid to sell its assets to Williams Sonoma, finding the debtor had failed to present any evidence that could settle its dispute with the technology giant.

  • May 12, 2025

    US Trustee Challenges AgileThought's Dual Counsel Plan

    The U.S. Trustee's Office has objected to a proposal from the wind-down administrator of technology firm AgileThought to share its special litigation counsel, Grant & Eisenhofer, with the company's prepetition lender and the buyer of its assets, Blue Torch Finance LLC.

  • May 12, 2025

    TreeSap Farms Cleared For $88M Ch. 11 Sale To CEO

    The bankrupt landscape plant grower TreeSap Farms LLC won a bankruptcy court's permission Monday to sell its assets to a buyer controlled by its CEO for $88 million in cash, plus the assumption of nearly $24 million of pre- and post-petition trade payables and the retention of all existing employees.

  • May 12, 2025

    Calif. Hotel Operator Gets Deal To Avoid Ch. 11 Dismissal Bid

    A Delaware bankruptcy judge has signed off on a settlement in the Chapter 11 case of California hotel operator MOM CA that calls for two creditors that accused the debtor of fraud to hold off on their motion to dismiss the case, with the hospitality firm agreeing to support the creditors' efforts to propose a reorganization plan.

  • May 12, 2025

    Rite Aid Back In Ch. 11, Tupperware Gets OK To Liquidate

    Drugstore chain Rite Aid reentered bankruptcy less than a year after its earlier reorganization plan was approved, and received a bankruptcy court's permission to conduct asset sales. Food storage container maker Tupperware Brands Corp. received court approval for its Chapter 11 liquidation plan. And a Washington University law professor was named the consumer privacy ombudsman in 23andMe's Chapter 11 case.

  • May 12, 2025

    23andMe DNA Data Sale In Ch. 11 Tests Ombudsmen's Reach

    23andMe's high-stakes plan to sell customers' genetic data in bankruptcy is poised to test the limits of court-appointed consumer privacy advocates in Chapter 11 and the 20-year-old law that created them, as concerns mount over how the potentially novel deal will affect highly sensitive personal information.

  • May 12, 2025

    Will Justices Finally Rein In Universal Injunctions?

    The U.S. Supreme Court is expected to address for the first time Thursday the propriety of universal injunctions, a tool federal judges have increasingly used to broadly halt presidential orders and policy initiatives, and whose validity has haunted the high court's merits and emergency dockets for more than a decade.

  • May 12, 2025

    Atlantic City Timeshare Biz Hits Ch. 11 Amid Class Litigation

    Flagship Resort Development Corp., a prominent seller of timeshares around the Atlantic City Boardwalk, has filed for Chapter 11 protection in New Jersey bankruptcy court, in the face of mounting pressures from class actions brought by timeshare unit owners.

  • May 12, 2025

    Lowenstein Wins Bid To Combine Dispensary Suits In NJ

    A New Jersey state judge agreed Monday to Lowenstein Sandler LLP's request to have a pair of cases related to a dispute between the firm and a local cannabis dispensary consolidated.

  • May 09, 2025

    Real Estate Recap: 'Preposterous' Rule, MoFo On Debt, Big 4

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney views of a U.S. Securities and Exchange Commission rule affecting real estate, one BigLaw leader's insights into new debt funds, and what the four largest brokerages said about 2025's first quarter.

  • May 09, 2025

    Pa. Top Court Snapshot: Cap & Trade, Prosecutor Power

    The scope of powers held by the Pennsylvania governor, the attorney general, and state and local utility authorities will take center stage in Harrisburg when the state Supreme Court convenes for its May session.

  • May 09, 2025

    Trustees Can't Charge Fees In Tossed Ch. 13s, 2nd Circ. Says

    A standing Chapter 13 trustee in the Eastern District of New York must return some $20,000 in fees from a dismissed bankruptcy, the Second Circuit ruled Friday, holding trustees are not entitled to charge a percentage fee on payments a debtor makes unless a plan is confirmed.

  • May 09, 2025

    No Sanctions For Bankrupt Crypto Miner In Celsius Row

    A Delaware bankruptcy judge declined Friday to impose sanctions on cryptocurrency mining company Mawson Infrastructure Group, saying she was unconvinced by Celsius Network's allegations that the involuntary debtor acted in bad faith.

  • May 09, 2025

    Brightmark Parent's $14.25M Bid Favored Over Higher Offer

    A $14.25 million bid from the parent company of a bankrupt Indiana plastics recycling plant was chosen as the winning offer for the facility, despite being valued at $250,000 less than a competing bid from the debtor's bondholders that would have liquidated the facility.

  • May 09, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Delaware bankruptcy judges will weigh the Chapter 11 plan disclosures of Forever 21 and telecom company Ligado Networks, a collection of asset sales proposed by bankrupt trucking company Yellow Corp., as well as Danimer Scientific Inc.'s stalking horse sale to a polymer supplier.

  • May 09, 2025

    Sandy Hook Families Want Alex Jones To Pay Up Amid Appeal

    A Connecticut appeals court should not extend a stay on the enforcement of a $1.3 billion judgment against bankrupt Infowars host Alex Jones while he brings his case to the U.S. Supreme Court, the families of Sandy Hook shooting victims said in opposition to his pending motion, arguing that his newly raised constitutional claims are late and meritless.

Expert Analysis

  • How The Onion Could Still Buy InfoWars

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    While a Texas bankruptcy judge nixed the sale of InfoWars to The Onion on Tuesday, a slight tweak to the novel mechanism proposed could make the sale approvable, says Christopher Hampson at the University of Florida.

  • Group Running Makes Me A Better Lawyer

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    The combination of physical fitness and community connection derived from running with a group of business leaders has, among other things, helped me to stay grounded, improve my communication skills, and develop a deeper empathy for clients and colleagues, says Jessica Shpall Rosen at Greenwald Doherty.

  • 6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • A Closer Look At SDNY Bankruptcy Rule Amendments

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    The U.S. Bankruptcy Court for the Southern District of New York’s recent amendments to its local rules aim to streamline key Chapter 11 processes, resolve misunderstandings about previous iterations of the rules and urge caution about the use of artificial intelligence, say attorneys at Skadden.

  • FTX Exec's Sentencing Shows Pros And Cons Of Cooperation

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    The sentencing of former FTX tech deputy Gary Wang, whose cooperation netted him a rare outcome of no prison time, offers critical takeaways for attorneys and clients navigating the burgeoning world of crypto-related prosecutions, says Andrew Meck at Whiteford.

  • Gardening Makes Me A Better Lawyer

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    Beyond its practical and therapeutic benefits, gardening has bolstered important attributes that also apply to my litigation practice, including persistence, patience, grit and authenticity, says Christopher Viceconte at Gibbons.

  • Equitable Mootness Insights From Greenlit Ch. 11 Plan Appeal

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    A Texas federal court recently allowed a challenge to ConvergeOne's Chapter 11 bankruptcy plan to proceed because it wouldn't disrupt the IT company's confirmed plan or harm creditors, reinforcing the importance of judicial restraint in applying equitable mootness where limited relief is possible, say attorneys at Parkins & Rubio.

  • Litigation Inspiration: Reframing Document Review

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    For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.

  • The Challenges Of Abandoned Retirement Plans In Ch. 7

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    The Department of Labor's rule for unwinding retirement accounts when plan sponsors file for Chapter 7 bankruptcy was intended to alleviate trustees' administration issues, but practical challenges, like unresolved fee and identification matters, could hinder its implementation, say David Goodrich at Golden Goodrich and Nancy Simons at Stretto.

  • Circus Arts Make Me A Better Lawyer

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    Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.

  • When Investigating An Adversary, Be Wary Of Forged Records

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    Warnings against the use of investigators who tout their ability to find an adversary’s private documents generally emphasize the risk of illegal activity and attorney discipline, but a string of recent cases shows an additional danger — investigators might be fabricating records altogether, says Brian Asher at Asher Research.

  • 3 Ways To Train Junior Lawyers In 30 Minutes Or Less

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    Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.

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