Mid Cap

  • May 08, 2026

    NYC Condo Board Says Ch. 11 Filing Can Be Fixed

    A New York City condominium board that's connected to a Midtown Manhattan hotel and a 57-unit condominium building told a New York federal bankruptcy court to not dismiss its Chapter 11 bankruptcy case, arguing that the board was allowed to start the proceedings and it can fix any problems with the petition.

  • May 08, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Saks will seek the all-clear to sell leases, cannabis products purveyor Cannabist will look for Chapter 15 recognition and solar project Tonopah Solar Energy LLC will ask for interim approval of its plan and disclosure.

  • May 08, 2026

    Carbon Health Gets $11M DIP Hike As Mediation Continues

    A Texas bankruptcy judge Friday approved $11 million in additional Chapter 11 financing for urgent care facility operator Carbon Health Technologies as talks continue between parties in the case.

  • May 08, 2026

    Buffalo Diocese Seeks OK For $4.6M HQ Sale

    The Roman Catholic Diocese of Buffalo, New York, has asked for a bankruptcy court's permission to accept a $4.6 million offer for its headquarters, after its stalking horse bidder was outbid.

  • May 08, 2026

    E-Commerce Finance Biz Files Ch. 7 With Over $50M In Debt

    Parker Group Inc., a Valar Ventures-backed digital banking service for online businesses, has filed for Chapter 7 in Delaware bankruptcy court with $50 million to $100 million each in assets and liabilities.

  • May 08, 2026

    Ex-Exec's Severance Fight Against Media Cos. Ends In NJ

    A New Jersey federal judge closed the books on a years-long severance dispute between A360 Media LLC, Bauer Media Group USA LLC and a former executive, after entering a sealed opinion and order terminating the case.

  • May 07, 2026

    Conn. Diocese Settles Abuse Defense Suit Against Travelers

    The bankrupt Norwich Roman Catholic Diocesan Corp. has reached a settlement with its insurer in a Connecticut state court lawsuit alleging the insurer improperly bailed on defense coverage for a sexual abuse case just days before the start of a trial.

  • May 07, 2026

    Vanderbilt Minerals Gets OK For $64M Sale, New DIP Package

    A New York bankruptcy judge Thursday told former talc miner Vanderbilt Minerals it can accept a $64 million bid for its mines and said she will give interim approval for $15 million in new Chapter 11 financing from the buyer.

  • May 07, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A BlockFills creditor wants a Chapter 11 trustee to take over the crypto group's bankruptcy, Saks has asked for more time to accept or reject leases, and the creditors committee for healthcare group Carbon Health Technologies says its latest bankruptcy funding loan is too high.

  • May 07, 2026

    US Magnesium Creditors Can Take Votes On Ch. 11 Plan

    A Delaware bankruptcy judge on Thursday signed off on a request by US Magnesium's unsecured creditors to solicit votes on a Chapter 11 liquidation plan, months after the defunct mineral supplier sold most of its assets to the state of Utah for $30 million.

  • May 07, 2026

    DEMAR Seeks Ch. 15 Protection Amid Pemex Financial Woes

    Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially after Mexico's state-owned oil company Pemex hit its own financial crisis.

  • May 07, 2026

    Prospect Medical Captive Insurer Gets Interim Ch. 15 Relief

    Connecticut Healthcare Insurance Co., a Cayman Islands insurance company indirectly owned by bankrupt hospital chain Prospect Medical Holdings, received provisional relief Thursday for its Cayman wind-up proceedings that involve a $26 million payment to Prospect.

  • May 07, 2026

    US Trustee Objects To Airline's 'Unfair' Plan Process

    The Office of the U.S. Trustee opposed the Chapter 11 disclosure statement of a bankrupt Alaska-based airline, saying it lays out a "fundamentally unfair" process for creditors to object if the debtor tries to throw out their claims.

  • May 06, 2026

    Prospect Medical Captive Insurer Files Ch. 15 In Texas

    Connecticut Healthcare Insurance Company, a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings, has filed a Chapter 15 petition in Texas bankruptcy court seeking recognition of its Cayman winding-up proceedings that involve a $26 million payment to Prospect.

  • May 06, 2026

    Cannabist Ch. 15 Tests Bankruptcy Access For Pot Cos.

    Bankruptcy experts and attorneys for cannabis companies will be closely watching next Tuesday's Chapter 15 recognition hearing for The Cannabist Co. Holdings, which if approved could provide a novel path for cannabis-related companies to access U.S. bankruptcy court after historically being blocked by marijuana's status as a federally controlled substance.

  • May 06, 2026

    Amber Denies Violating Confidentiality Order In Citgo Feud

    An affiliate of hedge fund Elliott Investment Management LP — whose $5.9 billion bid for Citgo's parent company was accepted late last year — is denying the oil giant's allegations that it improperly exposed company secrets in an op-ed last month, telling a Delaware federal court it has every interest in ensuring the company's success.

  • May 06, 2026

    Police Union Group Gets Ch. 11 OK To Pursue Fla. Appeal

    The International Union of Police Associations AFL-CIO received approval Wednesday in Florida bankruptcy court to modify the automatic stay in its Chapter 11 case to pursue its appeal of an adverse state court judgment in a sexual harassment case that drove it into bankruptcy last month.

  • May 06, 2026

    Battery Recycler Ascend Asks For $30M In Ch. 11 Financing

    Bankrupt battery recycler Ascend Elements Inc. asked a Texas court for approval of a $30 million new money debtor-in-possession loan, with approximately $18 million earmarked for what it says is a crucial land acquisition in Poland.

  • May 06, 2026

    Scarinci Hollenbeck Adds 4 Lawyers In NJ, NY Growth Push

    Scarinci Hollenbeck LLC has announced a slate of attorney hires, with two partners, a counsel and a senior associate adding to its bench in bankruptcy, corporate transactions, litigation and other practice areas.

  • May 06, 2026

    Womble Bond Adds Akin Gump Finance Pro In Houston

    Womble Bond Dickinson has strengthened its debt financing capabilities in the energy sector with the hiring of a Houston-based partner who came aboard from Akin Gump Strauss Hauer & Feld LLP.

  • May 06, 2026

    Canadian Furniture Co. Gets Provisional US Asset Shield

    A Delaware bankruptcy judge on Wednesday extended provisional protection to the U.S. assets of Quebec office furniture maker Bestar as it seeks U.S. recognition of its Canadian liquidation proceedings.

  • May 05, 2026

    Ex-CEO Gets 5 Years In Prison For $212.5M Fraud Case

    A New Jersey federal judge on Tuesday sentenced the former CEO of a now-defunct medical billing company to five years in prison, the statutory maximum penalty, for his role in a $212.5 million scheme to inflate the value of his company to defraud investors.

  • May 05, 2026

    Bankruptcy Atty Sued By Debtor After Ch. 11 Turns To Ch. 7

    A Houston real estate holding company said its former bankruptcy lawyer negligently handled its Chapter 11 case and broke attorney-client privilege, which the company said helped lead the federal bankruptcy judge to convert the case to Chapter 7.

  • May 05, 2026

    Calif. Hospital Gets More Time To File Ch. 11 Plan

    A California bankruptcy judge on Tuesday extended the period in which Oroville Hospital has the exclusive right to file a Chapter 11 plan, giving the medical center more time to work on finding a buyer.

  • May 05, 2026

    Canadian Office Furniture Maker Seeks Ch. 15 Recognition

    Quebec office furniture maker Bestar and its U.S. affiliates Monday asked a Delaware bankruptcy judge for Chapter 15 recognition of its Canadian wind-down proceedings.

Expert Analysis

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

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    While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential risks to their business model and the power supply arrangements they rely on appear on the horizon, says Mark Sherrill at Chamberlain Hrdlicka.

  • 3 Notable Developments In Ch. 15 Bankruptcy This Year

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    Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified the framework of Chapter 15 surrounding nonparty releases, reinforced the principles of a debtor's center of main interest in the face of extensive mass tort litigation, and reviewed synthetic cross-border proceedings, say attorneys at Troutman.

  • Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

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