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Bankruptcy
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									October 27, 2025
									Chancery Lets J&J, Dow Fight To Save Asbestos DataThe Delaware Chancery Court has refused to toss a suit by Johnson & Johnson, Dow Chemical and other major asbestos-defendant companies that are seeking to block a set of bankruptcy trusts from destroying decades of exposure data. 
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									October 27, 2025
									LifeScan Gets Final OK On Ch. 11 Plan After Deal With PBMsA Texas bankruptcy judge on Monday granted confirmation of LifeScan Global Corp.'s Chapter 11 plan after the debtor reached an agreement with pharmacy benefit managers that resolved their objections, allowing the glucose-monitor maker to complete a deal to cut about $1.4 billion of debt. 
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									October 27, 2025
									Willkie Taps Longtime Kirkland Atty To Lead RestructuringWillkie Farr & Gallagher LLP has added a restructuring attorney who was previously with Kirkland & Ellis LLP as a partner and as chair of its restructuring group, the firm announced Monday. 
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									October 27, 2025
									Prime Core Ch. 11 Admin Says It Cashed Out Crypto For $35MThe Chapter 11 plan administrator for defunct cryptocurrency custodian Prime Core told a Delaware bankruptcy judge Monday that it raised about $35 million by selling Prime's crypto assets and expects to begin creditor distributions early next year. 
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									October 24, 2025
									Gordon Rees 'Profoundly Embarrassed' By Atty's AI MistakesGordon Rees Scully Mansukhani LLC has apologized to an Alabama bankruptcy court for a filing submitted by one of its lawyers that contained mistakes it blamed on artificial intelligence, saying it's "profoundly embarrassed" by the incident and will accept whatever sanctions end up being issued. 
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									October 24, 2025
									Justices' Whistleblower Denial Has Some Attys Fearing A ChillThe U.S. Supreme Court's decision not to take up a whistleblower award calculation appeal has highlighted a long-running concern that whistleblowers could be left out in the cold if the company they expose falls into bankruptcy before they get awards to which they would otherwise be entitled. 
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									October 24, 2025
									Edelson Looks To Drop Claims Against Ex-Girardi Keese AttysEdelson PC has signaled plans to drop civil claims it lodged against two former Girardi Keese attorneys over Tom Girardi's theft of millions from clients, but the Illinois federal judge handling the case said Friday that he wants to discuss the firm's filing. 
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									October 24, 2025
									Singapore Crypto Co. Seeks Ch. 15 Recognition In NYThe liquidators of a Singapore blockchain business asked a New York bankruptcy court for Chapter 15 recognition of its insolvency, saying it needs to pause a New York State court fight over $63 million in stolen cryptocurrency. 
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									October 24, 2025
									LifeScan Urges Court To Force PBMs To Produce DocumentsGlucose monitor maker LifeScan has asked a Texas bankruptcy judge to force pharmacy benefit managers to produce documents amid a dispute over administrative expense claims in the Chapter 11 case, saying PBMs including OptumRx and Caremark are using delay as "sword and shield." 
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									October 24, 2025
									Chicago Firm Accused Of Jailing Fla. Man Over $2.5M FeeA Florida man has sued a Chicago firm over false imprisonment, alleging in a Miami-Dade County complaint that its attorneys spied on him remotely through a security camera installed at his Florida Keys home and had him arrested in order to collect $2.5 million in fees 
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									October 24, 2025
									RunItOneTime Tells Judge Debtor In Talks For More DIP CashRunItOneTime LLC told a Texas bankruptcy judge on Friday it is in talks with its post-petition financing lender for more funds as it prepares to face the loss of operating cash from assets subject to sales the debtor hopes to close. 
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									October 24, 2025
									NJ Property Owner Puts Office, Industrial Properties In Ch. 11A New Jersey property owner has put several of its office and industrial properties into Chapter 11, according to multiple petitions filed in New Jersey bankruptcy court. 
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									October 23, 2025
									Ex-SVB Top Brass Can't Ditch FDIC Suit Over 2023 CollapseSilicon Valley Bank's former CEO and several other past members of the bank's top brass must face a suit from the Federal Deposit Insurance Corp. accusing them of mismanagement that led to the bank's costly 2023 failure, a California federal judge has ruled. 
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									October 23, 2025
									Genesis Judge Blocks HHS Bid To End Nursing Home BenefitsA Texas bankruptcy judge on Thursday blocked a bid by the U.S. Department of Health and Human Services' Centers for Medicare and Medicaid Services to cut off payments for one of Genesis Healthcare's skilled nursing facilities in Alabama, entering a preliminary injunction in the Chapter 11 adversary proceeding. 
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									October 23, 2025
									Entities Tied To NYC's Former Hudson Hotel File For Ch. 11Two companies affiliated with the former Hudson Hotel near Manhattan's Columbus Circle have filed for Chapter 11 protection in Delaware, listing between $100 million and $500 million each in both assets and liabilities. 
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									October 23, 2025
									Conn. Panel Doubts Ex-Alex Jones Atty Can Skirt SuspensionConnecticut appellate judges expressed skepticism Thursday that an attorney who previously represented conspiracy theorist Alex Jones can avoid serving the remainder of a two-week suspension, voicing doubt that a lower court abused its discretion in crafting the sanction for violating a confidentiality order. 
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									October 23, 2025
									Judge OKs Heritage Coal's Ch. 11 Plan After Releases NixedA Delaware bankruptcy judge approved the Chapter 11 liquidation plan from Heritage Coal after the debtor removed releases and exculpations for insiders. 
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									October 22, 2025
									Kroll Wants FTX Hack Suit Tossed, Arbitrated Or MovedBankruptcy claims agent Kroll Restructuring Administration LLC has asked a Texas federal judge to transfer or sink a proposed class action over a data breach that affected creditors of FTX Trading Ltd., BlockFi Inc. and Genesis Global Holdco LLC, pointing to alleged standing issues and an online arbitration agreement. 
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									October 22, 2025
									Texas Appeals Court Wipes $64M Judgment For Dallas LenderA Texas appellate court wiped away a $64 million award to the subsidiary of a Dallas investment company following alleged fraud by Credit Suisse surrounding lending for a luxury Nevada community, saying the lower court improperly found that the subsidiary could collect damages above zero dollars. 
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									October 22, 2025
									6th Circ. Backs Lordstown Execs In Failed Foxconn Deal SuitThe Sixth Circuit has upheld the dismissal of a suit claiming former executives of Lordstown Motors Corp. misled investors about the state of a partnership with Foxconn Technology Group, finding leaders' optimism about the ultimately failed deal wasn't intentionally false. 
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									October 22, 2025
									Purdue Fights Baltimore Objection Ahead Of Ch. 11 Plan TrialPurdue Pharma LP told a New York bankruptcy judge on Wednesday it is concerned a recent objection to its Chapter 11 plan brought by the city of Baltimore could disrupt its case just weeks before the drugmaker is set to begin trial on a deal that creditors overwhelmingly support. 
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									October 22, 2025
									Arcade On Las Vegas Strip, Facing Eviction, Files Ch. 11Las Vegas-based Electric Playhouse, a high-tech gaming and dining center inside the mall at the world-renowned Caesars Palace resort, filed for Chapter 11 bankruptcy protection in Nevada, facing a pending eviction and millions in unpaid claims from contractors. 
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									October 22, 2025
									Subprime Auto Lender PrimaLend Hits Ch. 11 Seeking SaleSubprime auto loan company PrimaLend Capital Partners LP filed for Chapter 11 in Texas bankruptcy court Wednesday, listing more than $100 million in debt and saying that it is pursuing a value-maximizing sale transaction. 
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									October 21, 2025
									5th Circ. Revives Oil Co.'s Faulty Cement Coverage SuitThe Fifth Circuit revived an oil and gas producer's suit seeking coverage for a settlement it reached with a bankrupt oilfield services firm over faulty cement, saying a Texas federal court incorrectly tossed the company's duty to defend and indemnify claims against certain underwriters at Lloyd's of London. 
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									October 21, 2025
									Purdue Touts Wide Support For Latest Ch. 11 PlanPharmaceutical titan Purdue Pharma heralded Tuesday that its newest Chapter 11 plan has almost total support from voting creditors, saying the proposal could pave the way to creditors receiving more than $7 billion, after its well-publicized role in the opioid epidemic pushed the company into bankruptcy and the U.S. Supreme Court rejected its original plan. 
Expert Analysis
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								ConvergeOne Ruling May Disrupt Backstop Fee Approach  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. 
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								Series Adapting To Private Practice: 3 Tips On Finding The Right Job  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. 
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								Series Painting Makes Me A Better Lawyer  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. 
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								Protecting Sensitive Court Filings After Recent Cyber Breach  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. 
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								Series Judging Figure Skating Makes Me A Better Lawyer  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. 
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								What Ethics Rules Say On Atty Discipline For Online Speech  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. 
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								Junior Attys Must Beware Of 5 Common Legal Brief MistakesExcerpt from Practical Guidance.jpg)  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. 
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								3rd Circ. Clarifies Ch. 11 3rd-Party Liability Scope Post-Purdue  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. 
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								Series Power To The Paralegals: How And Why Training Must Evolve  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. 
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								Series Playing Softball Makes Me A Better Lawyer  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. 
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								Series Law School's Missed Lessons: Mastering Time Management-media.jpg)  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. 
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								Rare Del. Oversight Ruling Sends Governance Wake-Up Call  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. 
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								How Hyperlinks Are Changing E-Discovery Responsibilities  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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								11th Circ. Equitable Tolling Ruling Deepens Circuit Split  The Eleventh Circuit recently held that equitable tolling was unavailable to extend a deadline to object to discharge of debt, becoming the most recent circuit court decision to address this issue, and deepening a split that requires resolution by the U.S. Supreme Court, says Paul Avron at Berger Singerman. 
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								Series Writing Musicals Makes Me A Better Lawyer  My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law. 
