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Expert Analysis

Special Committees Gain Traction In Chapter 11 Investigations

Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies,... (more story)

Ch. 7 Ruling Is Warning For Merchant Cash Advance Providers

A New York bankruptcy court’s recent ruling in favor of a Chapter 7 trustee for the bankruptcy estate of JPR Mecha... (more story)

Law School's Missed Lessons: Navigating Client Trauma

Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators... (more story)

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Judge Rejects Bondholder Claim Against Puerto Rico

A New York federal judge found Tuesday the terms of Puerto Rico's debt restructuring plan bars holders of bonds issued by the island's public electric utility from lodging a claim against its government.

NC Judge OKs $318M For Lindberg Victims From Asset Sale

A federal judge in North Carolina on Tuesday signed off on a special master's request to divvy up $318 million from the sale of one of convicted insurance mogul Greg Lindberg's most valuable assets to help pay... (more story)

Judge Won't Stay Highland Ch. 11 Over Charity Fraud Probe

A Texas bankruptcy judge has refused to stay the Chapter 11 case of Highland Capital LP in whole or in part, denying a pair of requests from the state of Texas and from a trust affiliated with ex-CEO James Don... (more story)

Azul Creditors Support Bankrupt Airline's $1.57B DIP Package

The creditors committee for Azul SA said Tuesday it supports the bankrupt Brazilian airline's $1.57 billion debtor-in-possession financing after securing concessions from the debtor's DIP lenders, including an... (more story)

Avon, Insurers Spar At Ch. 11 Plan Hearing Over Talc Trust

Avon made its case Monday to a Delaware bankruptcy judge for its Chapter 11 liquidation plan, while insurers that issued policies to the cosmetics company alleged its proposal to pay talc injury claims through... (more story)

Catching Up With Delaware's Chancery Court

Last week at the Delaware Court of Chancery, a major settlement between Meta Platforms Inc. and its investors reached on the proverbial courthouse steps during day two of a trial ended an $8 billion-plus suit ... (more story)

Reed Smith's Doc Block Motion 'Hyperbolic,' 2nd Circ. Told

Reed Smith LLP cannot block the new owners of reorganized Greece-based international shipping company Eletson from viewing files already in its possession, the company has told the Second Circuit, arguing the ... (more story)

Top 4 Texas Cases To Watch: A Midyear Report

Several major cases are taking shape in the Lone Star State, including the Southwest Airlines Pilots Association's suit seeking to hold Boeing accountable for lost revenue after the 737 Max was grounded, as we... (more story)

Conn's Ch. 11 Plan Approved With Opt-Outs

A Texas bankruptcy judge on Monday confirmed the Chapter 11 plan of department store Conn's, overruling objections from the U.S. Trustee's Office that it contained improper release and exculpation provisions.

Law360 Names 2025's Top Attorneys Under 40

Law360 is pleased to announce the Rising Stars of 2025, our list of more than 150 attorneys under 40 whose legal accomplishments belie their age.

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WilmerHale Can Advise 23andMe Ch. 11 Data Ombudsman

A Missouri bankruptcy judge ruled Tuesday that 23andMe's consumer privacy ombudsman can hire WilmerHale, finding the firm's work for a would-be buyer of the genetic testing company's assets hadn't impacted its... (more story)

Pet Care App Wag! Can Tap $4M Of $6.5M DIP Loan

A Delaware bankruptcy judge on Tuesday granted interim approval for pet care app company Wag! to gain access to $4 million in postpetition financing, backed by its prepetition lender, which would support the c... (more story)

Ch. 11 Judge Escapes Energy Drink Co. Founder's Bias Suit

A Florida bankruptcy judge was freed Tuesday from a suit alleging he was biased while presiding over the Chapter 11 case of the company behind Bang energy drinks. 

Gov't IT Provider Can Hire Cullen And Dykman For Ch. 11

A New York bankruptcy judge on Monday gave approval to bankrupt information technology company Sysorex Government Services Inc. to retain Cullen and Dykman LLP as bankruptcy counsel and to sell its business fo... (more story)

Pet Care App Wag! Plans To Go Private In Ch. 11

The pet care app Wag! filed for bankruptcy on Monday, saying it expects to have a prepackaged restructuring plan confirmed in just over a month that will transfer ownership of the publicly traded company to it... (more story)

Court Says Cash Is Prime Core's, OKs Payout Scheme

A Delaware bankruptcy judge has sided with the administrator of cryptocurrency custodian Prime Core's Chapter 11 wind-down plan in a dispute over whether the debtor's assets were so intermixed with creditor fu... (more story)

Monster.com Ch. 11 Auction Brings In $69M In Offers

CareerBuilder + Monster, an online job search platform, said the winning offers from its Chapter 11 auction for three business divisions totaled $68.6 million, almost double the $35.5 million total of stalking... (more story)

Montessori School Group Can Tap Full $8M Ch. 11 Loan

The company that once oversaw the world's largest network of Montessori schools received a Texas bankruptcy judge's final approval Monday for its debtor-in-possession loan, as it looks to secure confirmation o... (more story)

Real Estate Recap: Budget, 2025 Deals, Coney Island Gamble

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including real estate attorney perspectives on the new federal budget, the law firms that guided the biggest deals of ... (more story)

Tx. Judge OKs Tommy's Boats To Set Sail On Ch. 11 Plan

A Texas bankruptcy judge Friday approved a reorganization plan for boat and water sports retailer Tommy's Boats filed by its chapter 11 trustee, overruling objections from its former CEO.