Bankruptcy

  • July 06, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week handled disputes involving arbitration, corporate control, advancement rights, freeze-out mergers and insolvent company wind-downs.

  • July 06, 2026

    Data Co. Founder's $25M Fraud Trial Set For January

    A Manhattan federal judge on Monday set a January trial date for the founder of California data company Near Intelligence on charges that he conspired to inflate revenues by $25 million, but heard that he is engaging in plea negotiations.

  • July 06, 2026

    LA's Pacifica Hospital Of The Valley Files $100M+ Ch. 11

    Pacifica Hospital of the Valley, a 231-bed Los Angeles hospital, has filed for Chapter 11 protection in Delaware bankruptcy court with more than $100 million in liabilities.

  • July 02, 2026

    The Sharpest Dissents From The Supreme Court Term

    The sharpest dissents this term often involved the president, and pitted conservative and liberal justices against each other on core constitutional issues and questions about the limits to executive power, with nearly a quarter of cases being decided squarely along ideological lines.

  • July 02, 2026

    The Firms That Won Big At The Supreme Court

    This U.S. Supreme Court term featured high-stakes oral arguments on issues including presidential power, immigration and voting regulations. Here's a look at the law firms that argued the most cases and how they fared.

  • July 02, 2026

    The Year Donald Trump Won Big At The High Court

    The Supreme Court's conservative supermajority and President Donald Trump largely aligned this year on issues of executive power, resulting in a series of decisions that significantly expanded presidential authority.

  • July 02, 2026

    SVB's CEO Was Paid Millions As Risk Rating Slid, Judge Told​​​​

    Silicon Valley Bank's ex-CEO testified Thursday during a California federal bench trial over the FDIC's claims that the bank's brass mismanaged its assets, acknowledging during a tense examination that he received multimillion-dollar payouts and sold nearly $30 million in stock while regulators downgraded SVB's risk management rating ahead of its collapse.

  • July 02, 2026

    YPF Investors Fight Argentina Over Discovery In $16B Case

    As investors in Argentine oil and gas exploration company YPF SA gear up for a multibillion-dollar arbitration against Argentina, disputes still remain over exactly what discovery from a parallel proceeding in New York can be used in the arbitration.

  • July 02, 2026

    Spirit Lines Up $630M Ch. 11 Stalking Horse Bid For 27 Aircraft

    Defunct budget air carrier Spirit Airlines asked a New York bankruptcy judge to approve Chapter 11 auction procedures for 27 aircraft, with a $630 million stalking horse bid from a secured creditor setting the floor.

  • July 02, 2026

    Breaking Down The Vote: The High Court Term In Review

    The U.S. Supreme Court's stark ideological divisions were on full display this term, particularly as it issued long-awaited rulings in the last few days of June. Here, Law360 dives into the numbers behind this court term.

  • July 01, 2026

    'I Would've Been Fired': FDIC Expert Pans SVB's Risk-Taking

    The FDIC's banking expert testified in a California federal bench trial Wednesday that Silicon Valley Bank violated prudent banking standards by mismanaging assets before it collapsed, saying officers knew SVB was taking excessive risks but did not stop, adding that "I would've been fired" if he had managed his bank's assets the same way.

  • July 01, 2026

    Dish Ch. 11 Timeline Slowed After Tower Cos.' Objections

    A Texas bankruptcy judge slowed down Wednesday the prepackaged Chapter 11 cases from video distribution entities owned by EchoStar Corp., including Dish TV and Sling TV, after cell tower companies and the U.S. Trustee's Office took issue with the expedited timeline.

  • July 01, 2026

    Judge To Approve $40M Sale Of Texas A&M Data Center

    A Texas bankruptcy judge said Wednesday that he would approve a sale of a data and research center affiliated with Texas A&M University, RELLIS Campus Data and Research Center LLC, to AI software company ThisWay Global Inc. for $40 million.

  • July 01, 2026

    Genesis Beats JV Partner's Challenge To $1B Sale In Ch. 11

    A Texas bankruptcy judge has rejected an objection to Genesis Healthcare's $1 billion sale of its 175 nursing homes, ruling that a joint venture partner cannot scuttle the deal by invoking a partnership agreement for a Maryland nursing home.

  • July 01, 2026

    Troutman Adds Sidley Bankruptcy Pro In Dallas

    Troutman Pepper Locke has strengthened its bankruptcy and restructuring practice with a seasoned Dallas-based partner who came aboard from Sidley Austin LLP.

  • June 30, 2026

    Ex-SVB Exec Defends Bank's Risk Appetite In FDIC Trial

    Silicon Valley Bank's ex-chief financial officer defended SVB's risk appetite during a California federal bench trial Tuesday over the Federal Deposit Insurance Corp.'s claims the bank's brass mismanaged its assets, testifying SVB consistently received satisfactory regulatory ratings, took action to mitigate risks and received expert advice before SVB collapsed.

  • June 30, 2026

    DISH Hits Ch. 11 With $14B In Debt After AT&T Deal Is Delayed

    Video distribution entities owned by EchoStar Corp., including Dish TV and Sling TV, commenced prepackaged Chapter 11 cases in Texas late Tuesday with $14 billion of debt and a proposal to pay down existing debt from the proceeds of a spectrum asset sale to AT&T.

  • June 30, 2026

    Puerto Rico Oversight Board Pitches $3B Bond Settlement

    Puerto Rico's Financial Oversight and Management Board pitched a $3 billion settlement package to bondholders of the Puerto Rico Electric Power Authority, with an eye to finishing the power authority's bankruptcy, according to a news release Tuesday.

  • June 30, 2026

    Eletson Ex-Owners Ordered To Pay $296K In Fraud-Tainted Feud

    A New York federal judge has told the former majority owners of Eletson Gas to pay nearly $300,000 in sanctions after he vacated an underlying $102 million arbitration award over alleged fraud.

  • June 30, 2026

    Rhodium Seeks Sanctions Over Ch. 11 Patent Claim

    Bankrupt bitcoin miner Rhodium Encore on Tuesday asked a Texas bankruptcy judge to impose sanctions on cooling technology firm Midas Green Technologies, saying it spent more than $6 million fighting over Midas Green patent claims a district court judge had already dismissed.

  • June 30, 2026

    Gordon Rees Adds 8 Partners In Northern California

    Gordon Rees Scully Mansukhani LLP has expanded its offices in Northern California with eight new partners who have expertise in multiple practice areas, a firm spokesperson told Law360 Pulse on Tuesday.

  • June 30, 2026

    Camp Mystic Gets Initial OK To Pay Worker Wages In Ch. 11

    A Texas bankruptcy judge on Tuesday gave Camp Mystic permission to pay employee wages but declined to approve a $2,000 stipend for the president of one of the camp's affiliates, about a week after the summer camp operator entered Chapter 11 facing wrongful death claims from the families of campers who died in last year's Central Texas floods.

  • June 29, 2026

    Ex-SVB Exec Concedes 'Excessive Risks' As FDIC Trial Opens

    Silicon Valley Bank's former chief financial officer testified Monday during the first day of a California federal bench trial over the Federal Deposit Insurance Corp.'s claims that the bank's brass mismanaged its assets, acknowledging under examination SVB took on sustained "excessive risks" under the bank's own definition months before it collapsed.

  • June 29, 2026

    SF Archdiocese Reaches $395M Settlement Of Abuse Claims

    The Archdiocese of San Francisco and survivors of clergy sexual abuse have reached a $395 million settlement in principle that would resolve more than 500 lawsuits facing the bankrupt organization, the archdiocese said Monday.

  • June 29, 2026

    Harvey Gulf CEO Sued In Chancery Over Alleged Control Grab

    Black Diamond-affiliated investment funds sued Harvey Gulf International Marine Inc.'s chief executive and other major stockholders in the Delaware Chancery Court, alleging they improperly orchestrated a stock transfer that gave CEO Shane J. Guidry majority control of the offshore vessel company.

Expert Analysis

  • Series

    Traveling Solo Makes Me A Better Lawyer

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    Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.

  • Series

    Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • ConvergeOne Ruling May Disrupt Backstop Fee Approach

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    A Texas federal court's recent ruling in ConvergeOne has the potential to seriously disrupt previously accepted market practice when it comes to sourcing new capital for a restructuring, while offering a nebulous market test for a new approach, say attorneys at Ropes & Gray.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

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    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

  • Series

    Painting Makes Me A Better Lawyer

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    Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

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    In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.

  • Series

    Judging Figure Skating Makes Me A Better Lawyer

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    Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.

  • What Ethics Rules Say On Atty Discipline For Online Speech

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    Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • 3rd Circ. Clarifies Ch. 11 3rd-Party Liability Scope Post-Purdue

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    A recent Third Circuit decision that tort claims against the purchaser of a debtor's business belong to the debtor's bankruptcy estate reinvigorates the use of Chapter 11 for the resolution of nondebtor liability in mass tort bankruptcies following last year's U.S. Supreme Court ruling in Purdue Pharma, say attorneys at Sullivan & Cromwell.

  • Series

    Power To The Paralegals: How And Why Training Must Evolve

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    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • Series

    Playing Softball Makes Me A Better Lawyer

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    My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.

  • Series

    Law School's Missed Lessons: Mastering Time Management

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    Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.

  • Rare Del. Oversight Ruling Sends Governance Wake-Up Call

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    An unusual ruling from the Delaware Court of Chancery recently allowed Caremark oversight claims to proceed against former executives of a company previously known as Teligent, sending a clear reminder that boards and officers must actively monitor and document oversight efforts when addressing mission-critical risks, say attorneys at WilmerHale.

  • How Hyperlinks Are Changing E-Discovery Responsibilities

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    A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.

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