Bankruptcy

  • September 10, 2026

    Fulcrum Trust Wants To Claw Back $13.5M Insider Payments

    The liquidation trust for defunct fuel-to-waste refiner Fulcrum is asking a Delaware bankruptcy judge to allow it to recover $13.5 million in payments that the trust says were made to company insiders while the company was sliding into bankruptcy.

  • September 10, 2026

    Fla. Fiber Infrastructure Co. Files Ch. 7 With Over $100M Debt

    Florida-based telecom infrastructure developer Full Circle Fiber has filed for Chapter 7 liquidation in Delaware bankruptcy court with under $10 million in assets and $100 million to $500 million in liabilities.

  • September 10, 2026

    Solar Farms Owner Hits Ch. 11 With More Than $100M Debt

    PGR Lessee I and 18 affiliates that operate solar farm projects in Rhode Island, North Carolina and South Carolina filed for bankruptcy protection in Texas, estimating up to $500 million in liabilities.

  • September 09, 2026

    Ex-Nikola CEO's Pardon Doesn't Let Him Beat Investor Suit

    The presidential pardon Nikola founder Trevor Milton received for his criminal conviction on securities fraud charges does not bar him from facing similar civil claims alleging he and the electric-vehicle startup exaggerated the viability of the company's prospects, an Arizona federal judge ruled.

  • September 09, 2026

    Pa. Ch. 7 Judge Pans NJ AG In Remanding 'Ghost Gun' Suit

    A Pennsylvania federal bankruptcy judge says an alleged seller of "ghost gun" kits improperly tried to remove a civil suit filed by the New Jersey Attorney General's office to his court, but chided the AG for assuming that her lawsuit was immune from the automatic bankruptcy stay.

  • September 09, 2026

    2nd Circ. Says FDIC Need Not File Claim To Save SVB Setoff

    The Federal Deposit Insurance Corp. is not required to file a claim in the bankruptcy case of Silicon Valley Bank's former parent to preserve its defensive setoff rights, the Second Circuit found Wednesday, delivering another blow to the company in its legal battle with the regulator.

  • September 09, 2026

    Texas Justices Reject Sandy Hook Families' Infowars Appeal

    The Texas Supreme Court on Wednesday denied Sandy Hook families' requests to dissolve lower appeals court orders that stopped a court-appointed receiver from assuming control of bankrupt commentator Alex Jones' website Infowars and leasing the intellectual property of its parent company Free Speech Systems LLC to satire publication The Onion.

  • September 09, 2026

    Mass. Justices Probe $8M Waterfront Sale To Audubon Group

    A justice on Massachusetts' top court asked Wednesday whether a court-appointed receiver had a duty to investigate more lucrative offers before selling an 18-acre abandoned industrial site to a nonprofit that intends to turn the property into a wildlife sanctuary.

  • September 09, 2026

    Ex-SDNY Judge Joins Zaiger Linden After Joseph Hage Closure

    Commercial litigation boutique Zaiger Linden Roberti & Pepe LLC announced this week that it has hired a former U.S. bankruptcy judge for the Southern District of New York who most recently worked at now-shuttered Joseph Hage Aaronson LLC, touting his history of working on "many of the nation's largest and most consequential business bankruptcies."

  • September 09, 2026

    Chinese Real Estate Co. Seeks Ch. 15 In Latest Restructuring

    Chinese real estate services group E-House asked a New York bankruptcy judge to recognize a Cayman Islands restructuring addressing over $900 million in debt, marking its third Chapter 15 petition since 2022.

  • September 09, 2026

    Watchdog Defends Standing In Jackson Walker Fees Case

    A Texas bankruptcy judge will make a finding on the U.S. Trustee's Office's authority to seek to have attorney fees clawed back from Jackson Walker LLP, after hearing the watchdog argue Wednesday that its public service mission grounds the effort.

  • September 08, 2026

    Defense Contractor Floats Oct. Asset Auction In Ch. 11

    U.S. military contractor Noble Supply & Logistics LLC asked a Delaware bankruptcy judge to approve bidding procedures calling for an auction of the company's assets in October, with the sale to close by Nov. 13.

  • September 08, 2026

    Dish Wireless Creditors Seek Ch. 11 Trustee Over Conflicts

    The official committee of unsecured creditors in the Chapter 11 cases of Dish DBS Corp. and affiliate Dish Wireless have asked a Texas bankruptcy judge to appoint a Chapter 11 trustee to manage the wireless debtors' estates, arguing there are irreconcilable conflicts in the cases.

  • September 08, 2026

    Conn. Justice Says $87M Telecom Bid 'Hard To Take Seriously'

    A once-bankrupt telecommunications company's bid for more than $80 million in interest on top of a $3.6 million judgment seemed "absurd" to one Connecticut Supreme Court justice hearing a 16-year-old contract dispute Tuesday, though he later said the party that hasn't paid shouldn't escape entirely unscathed.

  • September 08, 2026

    LIV Golf Hits Ch. 11 After Losing Saudi Backing

    LIV Golf filed for Chapter 11 protection in New Jersey bankruptcy court Tuesday with more than $500 million in debt after losing the financial backing of Saudi Arabia's Public Investment Fund, saying it plans to hand control of the company to its players.

  • September 08, 2026

    Retailer Francesca's Gets Approval For Ch. 11 Wind-Down

    A New Jersey bankruptcy judge Tuesday confirmed the Chapter 11 plan of Francesca's, after counsel for the women's clothing retailer said the debtor had resolved all objections to its plan to liquidate its remaining assets.

  • September 08, 2026

    777 Partners Gets OK To Ditch 6 Leases In Ch. 11 Case

    Investment firm 777 Partners secured a Texas bankruptcy judge's approval Tuesday to reject six leases for offices the debtor occupied before seeking Chapter 11 protection in August.

  • September 04, 2026

    Blockchain Biz Archblock Seeks More Time For Ch. 11 Plan

    Blockchain business Archblock LLC has asked a Delaware bankruptcy court to extend its Chapter 11 plan exclusivity period, saying the case is complex and negotiations with the creditors committee are progressing.

  • September 04, 2026

    Receiver Needed For Apt. After $170M Default, Lender Says

    A commercial lender asked a Colorado state judge Thursday to issue an ex parte appointment of a receiver over a Denver property, saying the borrower defaulted on a $170 million commercial mortgage loan.

  • September 04, 2026

    Bankrupt Hudson Hotel Co. Wants To Hire Project Manager

    The bankrupt company connected to the former Hudson Hotel in New York asked a Delaware bankruptcy court to approve its hiring of a development manager for its redevelopment project.

  • September 04, 2026

    SF Archdiocese Seeks Approval Of Ch. 11 Plan Disclosures

    The Archdiocese of San Francisco asked a California bankruptcy judge Thursday to approve its Chapter 11 plan disclosure statement and the form of ballots to be sent to voting creditors as the organization moves toward confirmation of a $395 million settlement with childhood sexual abuse victims.

  • September 04, 2026

    McKesson Owns Antitrust Claims, Not Rite Aid, Judge Finds

    A New Jersey bankruptcy judge has ruled that antitrust claims against pharmaceutical companies belong to drug distributor McKesson Corp., not the trustee overseeing Rite Aid's Chapter 11 distributions.

  • September 04, 2026

    Media Biz Beats Early Bid For Emails In $20M Fraud Dispute

    The founders of production company Pulse Films, now owned by Vice Media, have failed to force former Vice executives to disclose documents about the media giant's financial troubles ahead of a potential $20 million fraud claim.

  • September 03, 2026

    Boy Scouts Trust, Insurers To Mediate $211M Escrow Dispute

    A Delaware bankruptcy judge on Thursday sent the official overseeing the Boy Scouts of America's settlement trust and a clutch of insurers into mediation to hash out a conflict over escrowed funds tied to a $1.66 billion deal the debtor reached years ago.

  • September 03, 2026

    ISun Ch. 7 Trustee Sues Former Execs Over Self-Dealing

    The Chapter 7 trustee in the bankruptcy of solar power company iSun Inc. accused the former CEO and Chief Financial Officer of sinking the company into insolvency through self-dealing and hidden debt transactions, saying in an adversary suit their actions were reckless.

Expert Analysis

  • How Ch. 11 Debtors Can Stop MCA Receivables Raids

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    Approximately 42 merchant cash advance lenders are involved in the recently filed Chapter 11 bankruptcy of SIMAD Holdings, illustrating that debtors-in-possession must work with committees to preserve the receivable stream before litigating priority, says attorney Kenneth Rosen.

  • Series

    Bass Fishing Makes Me A Better Lawyer

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    Landing a trophy striped bass and closing a big deal both require cultivating the patience to finesse — not force — your way to desired outcomes, changing course when your old approach isn’t working and learning from the ones that got away, says Jon Ruiss at Alston & Bird.

  • Roundup

    The Most Talked-About Supreme Court Decisions Of 2026

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    This term, 11 U.S. Supreme Court decisions quickly became hot topics among Law360's guest writers.

  • 5 Rulings Clarify Limits On Chapter 15 Public Policy Exception

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    Recent bankruptcy decisions from New York and Delaware federal courts distinguish between relief a U.S. bankruptcy court may grant in a domestic case and relief it may recognize under Chapter 15 of the Bankruptcy Code when a foreign court has entered the order, say attorneys at Pierson Ferdinand.

  • Opinion

    Congress Must Resolve Growing Subchapter V Uncertainty

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    Congress must pass a bill to permanently restore the Subchapter V debt limit and clarify several other key points of the law to prevent a practical restructuring tool from becoming a costly procedural morass, says Ted Gavin at Gavin Solmonese.

  • Series

    Choral Singing Makes Me A Better Lawyer

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    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

  • Attorney Mental Health Is An Ethical Obligation In The AI Era

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    As attorneys cope with the increasing unpredictability that artificial intelligence and constant policy changes have created, particularly in practice areas where they carry the emotional weight of clients’ most consequential life events, otherwise soft discussions about self-care are a matter of professional competence, says attorney Jack Jrada.

  • Series

    Power To The Paralegals: Burnout As A Structural Problem

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    Law firm leadership can best retain their paralegals not by encouraging self-care, but by seeking top-down structural solutions for the quiet proliferation of responsibilities and the vicarious exposure to client trauma that particularly drive burnout in this vital role, says Erika Sneeringer at Brockstedt Mandalas.

  • A Framework For Volume Dispute Damages In Oil, Gas M&A

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    With every major upstream oil and gas consolidation in recent years having resulted in minimum volume commitment disputes, experts testifying in such litigation must use a five-step framework for calculating lost profits that accounts for the option structure embedded in the contract, says Robert Foss at Hinds Feat Advisors.

  • Ill. Law Firm MSO Bill Clashes With Court Power, Ethics Rules

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    An Illinois bill prohibiting law firms from certain business arrangements with management service organizations, sent to the governor for signature last week, encroaches upon the courts' constitutional powers and goes beyond the Illinois Rules of Professional Conduct in regulating investment in law-related services, says Matthew O’Hara at Smith Gambrell.

  • Opinion

    State Courts Must Be Gatekeepers Of Expert Testimony

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    Based on my experience in the state judiciary, emulating federal courts' role as gatekeepers of expert witness testimony would help state court judges maintain the appearance of impartiality and assist juries, thus enhancing the overall confidence people have in their justice system, says Lorie Gildea at Greenberg Traurig.

  • Series

    Moshing Makes Me A Better Lawyer

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    Entering a mosh pit is much like entering the practice of law — it is difficult, you have to know both the written and unwritten rules, and conduct yourself according to the expectations of each community, says Christopher Deubert at Constangy Brooks.

  • Why Highly Specialized Experts May Risk Exclusion At Trial

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    Expert witnesses with highly specific areas of focus may be vulnerable to exclusion in court, making it important for attorneys to check how potential witnesses' qualifications can be bolstered by their publications and other professional activities, say Evan Weisberg and Christopher Cunio at Hunton, and Kevin Cahill at FTI Consulting.

  • Drawing A Line Between Settlement Pressure And Extortion

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    U.S. v. Luo, pending in the U.S. District Court for the Southern District of New York, may force courts to address anew when settlement negotiations become criminal extortion, particularly in the age of easily fabricated digital evidence, says attorney Denis Kiely.

  • A Lender's Guide To Fraud: Identifying Risks

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    The evolving lending landscape, particularly the private credit boom, has heightened lenders' exposure to fraud, but recent bankruptcies demonstrate where fraud risks most commonly materialize and how banks can mitigate exposure at the outset, say attorneys at Moore & Van Allen.

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