To access this content, a subscription to Bankruptcy Authority is required.

Large Cap More

Out-Of-Court Deals Fuel Slowdown In Large-Cap Ch. 11s

The prevalence of out-of-court restructurings among big companies has come into sharper focus in the first half of this year — whether those companies have filed for bankruptcy yet or not, experts told Law360.

Summer Camps Draw $440M Through Bids, Sales In Ch. 11

Bankrupt summer camp operator SIMAD Holdings stands to reap $440 million so far from the sale of 27 of its camps, including a $120.75 million winning bid for the "crown jewel" property in a wealthy New York City suburb.

Dish Seeks Early Note Payoff To Cut $11M In Monthly Interest

Certain debtors in the Chapter 11 case of Dish DBS Corp. have asked for a Texas bankruptcy court's permission to pay off $2.75 billion of notes with the proceeds of a $23 billion spectrum sale to AT&T, saying ... (more story)

Judge Rejects Competing Baltimore Diocese Ch. 11 Plans

A Maryland bankruptcy judge has denied approval of disclosure statements filed by the Archdiocese of Baltimore and a committee of abuse claimants in the church's Chapter 11 case, finding both reorganization pr... (more story)

Simpson Thacher Witness Takes Aim At PIPE Stocks Claim

Simpson Thacher & Bartlett LLP wrapped up its defense Wednesday to a Florida state malpractice suit from the founder of Patriot National Inc. over the firm's handling of a private investment in public equity t... (more story)

NY Judge Chucks Voyager's Ch. 11 Plan Exculpations

A New York federal judge threw out an exculpatory provision in former cryptocurrency exchange Voyager's Chapter 11, saying that while the language wasn't precluded by a U.S. Supreme Court case, it was nonetheless invalid.

Investors Say Transportation Biz HGIM Ignored Books Demand

Three investment funds affiliated with Black Diamond Capital Management have sued HGIM Corp. in Delaware's Court of Chancery, accusing the marine transportation company of stonewalling their request to inspect... (more story)

Cyclospora Outbreak Sends Struggling Salad Chain To Ch. 11

The operators of the restaurant chain Salad and Go have filed for Chapter 11 protection in a Texas bankruptcy court with more than $500 million in liabilities, saying the business will be winding down after ye... (more story)

Reed Smith, Ex-Eletson Owners Must Face Co.'s Claims

A New York bankruptcy court has preserved the claims brought by reorganized shipping business Eletson Holdings against its former shareholders and Reed Smith, which formerly represented the company and its one... (more story)

Summer Camp Owner Can't Find Atty, Mulls Nixing Ch. 11

One of the brothers behind the insolvent summer camp empire of SIMAD Holdings told the New Jersey bankruptcy court Tuesday his personal Chapter 11 case should be dismissed because he was so deep in debt that c... (more story)

Mid Cap More

Bath Product-Maker Vi-Jon Gets Interim Cash Use OK In Ch.11

A Delaware bankruptcy judge on Wednesday granted private-label dry bath product-maker Vi-Jon LLC a range of first-day motions, including a cash management request, allowing the company to continue operating du... (more story)

Harvest Sherwood Wins Ch. 11 Plan Approval

Defunct food distributor Harvest Sherwood received confirmation of its Chapter 11 plan at a hearing on Wednesday after a Texas bankruptcy judge overruled a remaining objection from the U.S. Trustee's Office.

Real Estate Co. Floats December Ch. 11 Auction Of Fla. Apts.

Property investment group Lurin LLC has asked a Texas bankruptcy judge to approve bidding procedures for a St. Petersburg, Florida-based apartment complex, with a lender's $118.6 million credit bid setting the auction floor.

Ex-Dolphin Co. CEO Loses Bid To Derail Ch. 11 In Del.

A Delaware bankruptcy judge rejected a motion to dismiss the Chapter 11 case of an affiliate of dolphin park owner Leisure Investments, finding that the former CEO was wrong to argue that a Mexican court had r... (more story)

Senate Reenacts Small Business, Consumer Debt Limit Hikes

The U.S. Senate passed the Bankruptcy Threshold Adjustment Act of 2026 by unanimous consent, taking steps to make permanent the higher debt limits that apply to small business and consumer debtors first implem... (more story)

Simpson Thacher Highlights PIPE Client's Financial Troubles

The founder of Patriot National Inc. was likely short millions of dollars when it finalized a private investment in public equity transaction at the center of his malpractice case against Simpson Thacher & Bar... (more story)

Francesca's Can Seek Votes On Ch. 11 Wind-Down Plan

Women's clothing retailer Francesca's can seek votes on its post-sale Chapter 11 liquidation plan after its disclosure statement didn't draw any objections at a hearing in U.S. Bankruptcy Court in New Jersey on Tuesday. 

9th Circ. Won't Revive Google Rival's Antitrust Suit

A panel of the Ninth Circuit has refused to reinstate an ad tech company's allegations that Google harmed market competition for digital advertising by removing a now-defunct advertising app from its Play Store.

Collateral Fight Delays Texas Trucking Co.'s Ch. 11 Docs

A dispute over the location of more than 100 trucks and freight trailers delayed conditional approval of the Chapter 11 plan disclosures of Texas trucking firm Balkan Express on Monday, with equipment financie... (more story)

Mitchell Gold Workers Drop Suit After Bankruptcy Deal

A former employee of high-end North Carolina furniture company Mitchell Gold + Bob Williams has told a federal judge she was ending her lawsuit alleging the employer failed to give adequate notice of layoffs t... (more story)

Expert Analysis

Teaching SEC Investigations Makes Me A Better Lawyer

Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoug... (more story)

Why The 2nd Circ. Upheld Beneficial Ownership Blockers

The Second Circuit recently held that a properly drafted contractual blocker — which caps an investor's beneficial... (more story)

FDIC Proposals Mark Pullback In Bank Resolution Rules

A recent pair of Federal Deposit Insurance Corp. proposals would fundamentally reshape testing of banks' resolutio... (more story)