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Bankruptcy
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									October 03, 2025
									Linqto's Private Stock Deal Clears Bankruptcy Court HurdleInvestment platform Linqto received a Texas bankruptcy judge's approval for a novel Chapter 11 settlement with customers that would offer them a version of the exposure to private startups the company purported to sell before seeking Chapter 11 protection in July. 
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									October 03, 2025
									LA Film Site Agent Files Ch. 11 After Wildfires, MCA LoansImage Locations Inc., a company that helps movie and television productions rent space to film, filed for small-business Chapter 11 in California bankruptcy court, saying it needed protection from lenders which extended financing after the Los Angeles wildfires led to the cancellation of film projects. 
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									October 03, 2025
									Jackson Walker, Ex-Insurer Settle Judge Romance ClaimsIn the latest settlement with Jackson Walker over a former partner's secret romance with an ex-bankruptcy judge, the litigation trustee for defunct life insurance bond settler GWG Holdings Inc. reached a $405,000 deal Friday to settle its claims against the law firm. 
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									October 03, 2025
									The Roberts Court At 20: How The Chief Is Reshaping AmericaTwenty years after John Roberts became the 17th chief justice of the United States, he faces a U.S. Supreme Court term that's looking transformative for the country and its institutions. How Justice Roberts and his colleagues navigate mounting distrust in the judiciary and set the boundaries of presidential authority appear increasingly likely to define his time leading the court. 
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									October 02, 2025
									Jackson Walker Can't Duck Judge Romance Suit, Court ToldA group of bondholders Thursday urged a Texas federal judge not to throw out its suit over a former Jackson Walker LLP partner's secret romance with a bankruptcy judge, arguing that the firm "has a problem with telling the truth" and it's "back at it again." 
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									October 02, 2025
									Netflix Escapes Documentary IP Suit From Atty's Film Co.A film company owned by a trial lawyer this week lost its lawsuit accusing Netflix Inc. of infringing a copyright in its documentary about sexual abuse in the Boy Scouts of America, with a New Jersey federal judge finding the film deals with uncopyrightable facts. 
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									October 02, 2025
									Wind Co.'s Pre-Ch. 11 Uptier Deal Draws Suit From CreditorsThe official committee of unsecured creditors in the Chapter 11 of wind turbine blade maker TPI Composites has brought an adversary action against the debtor in Texas bankruptcy court, alleging a prepetition uptier transaction made preferred equity holder Oaktree a secured creditor to the detriment of unsecured noteholders. 
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									October 02, 2025
									Attys Get Mixed NJ Discipline After Fraud ConvictionsThe New Jersey Supreme Court has disbarred ex-Sacks Weston attorney Scott Diamond from the practice of law in the Garden State following his conviction for fraudulently resolving cases behind the back of his old firm, according to filings issued Thursday. 
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									October 02, 2025
									Ch. 11 Trustee Appointed In Eventide BankruptcyA Texas bankruptcy judge has appointed a Chapter 11 trustee in the bankruptcy of Eventide Credit Acquisitions following a request from the official committee of unsecured creditors. 
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									October 02, 2025
									Cajun Restaurant Chain Hits Ch. 11 Amid Consumer ShiftsCajun restaurant chain Razzoo's filed for Chapter 11 protection in Texas bankruptcy court, citing consumer shifts since the COVID-19 pandemic began that have led to financial distress and made it necessary for the business to seek relief from onerous lease obligations and reduce its store count. 
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									October 01, 2025
									Coinbase Gets Securities Suit Over Biz Risks TrimmedA New Jersey federal judge trimmed claims from a class action against Coinbase alleging the crypto exchange misrepresented or concealed parts of its business, ruling that claims tied to bankruptcy risk and regulatory disclosures that aren't based on group pleading can proceed, while claims related to proprietary trading statements were dismissed. 
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									October 01, 2025
									Reed Smith Seeks 2nd Circ. Help Over Eletson OrdersReed Smith LLP has urged the Second Circuit to nix an order displacing the firm as counsel and requiring it to turn over client files for international shipping group Eletson Holdings Inc. to lawyers representing the company's new owners, saying Eletson's bankruptcy plan has not validly taken effect. 
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									October 01, 2025
									PG&E Brass, Underwriters Get Investors' Wildfire Suit TossedA California federal judge has thrown out a proposed investor class action against PG&E officers, directors and underwriters that blamed stockholder losses following deadly wildfires on previous statements by PG&E officials about the utility's safety practices, but said they could try a fifth time. 
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									October 01, 2025
									First Brands Can Tap $1B DIP As It Seeks Stability In Ch. 11A Texas bankruptcy judge Wednesday gave interim approval to car parts maker First Brands' $1.1 billion debtor-in-possession loan, freeing up $500 million in funds, after a stalled refinancing and limited liquidity pushed it to Chapter 11. 
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									October 01, 2025
									Alex Jones Ch. 7 Stay Doesn't Protect Co. Assets, Judge SaysThe Texas bankruptcy judge overseeing the Chapter 7 case of right-wing conspiracy theorist Alex Jones said Wednesday the automatic stay of the bankruptcy does not extend to the assets of Jones' media company, Free Speech Systems. 
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									October 01, 2025
									Conn. Diocese Attys Slam US Trustee's $3.1M Fee ComplaintThe Norwich Roman Catholic Diocesan Corp.'s attorneys at Ice Miller LLP and Robinson & Cole LLP, along with other bankruptcy advisers, have disputed a U.S. Trustee's claims that nearly $3.1 million in combined professional fees were not actual, necessary and reasonable in light of a mediator's efforts. 
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									October 01, 2025
									Hub Hires: Morgan Lewis, WilmerHale, Simpson ThacherOther than the Red Sox and a few muggy late summer days, few things were hotter in September than the Boston legal market. Morgan Lewis made four lateral hires, WilmerHale welcomed back an experienced life sciences attorney, and Simpson Thacher snagged a former Goodwin banking lawyer. 
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									September 30, 2025
									McKinsey Trims Endo Suit But Can't Nix Indemnification ClaimA New York bankruptcy judge trimmed an adversary suit Monday claiming McKinsey & Co. Inc. should pay at least $1.5 billion to cover costs bankrupt pharmaceutical developer Endo International racked up defending against opioid claims, tossing nearly all allegations with leave to amend, but greenlighting an indemnification claim. 
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									September 30, 2025
									Spirit Airlines Brass Face Investor Suit Over Pre-Ch. 11 ClaimsThe CEO and chief financial officer of embattled budget airline Spirit face proposed shareholder class action claims that they misled investors about the company's prospects after its emergence from bankruptcy in March, only to announce months later that it had sought Chapter 11 protection once again. 
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									September 30, 2025
									HSBC Gets $324M Claims Tossed In Row With Madoff TrusteeA New York bankruptcy judge has thrown out $324 million of claims against London-based HSBC and its affiliates that were brought by the trustee overseeing the liquidation of Bernie Madoff's bankruptcy estate, finding the claims in an amended complaint do not relate back to claims in an earlier complaint. 
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									September 30, 2025
									3rd Circ. Mulls Liens On Casino Revenue In Pa. City's Ch. 9The Third Circuit Court of Appeals on Tuesday pressed attorneys for Delaware County and municipal bondholders on why their liens on city-generated revenues carried forward when the Pennsylvania city of Chester filed for bankruptcy in 2022. 
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									September 30, 2025
									Real Estate Mogul Invited To Settle Fraud, Wage Suit For $40MA Chapter 7 trustee and a minority shareholder have offered to drop a sprawling lawsuit against a New York and Connecticut real estate mogul and other company leaders in exchange for $40 million, less than two months after convincing a judge to tie up $51.2 million of the defendants' assets as the contract, fraud and wage case moves forward. 
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									September 30, 2025
									Hooters Gets OK To Exit Bankruptcy, Shift To Franchise ModelA Texas bankruptcy judge Tuesday approved restaurant chain Hooters of America's plan to sell more than 100 restaurants to a group of franchisees and exit Chapter 11, confirming the debtor's reorganization plan weeks after ruling on a royalty dispute in the case. 
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									September 30, 2025
									Education Tech Co. Anthology Hits Ch. 11 With Over $1B DebtAnthology Inc., a software company in the educational technology space, filed for Chapter 11 protection in a Texas bankruptcy court with more than $1 billion in debt, saying it intends to sell parts of its business and restructure the rest. 
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									September 29, 2025
									Merit Street Ch. 11 Judge Shares Dismissal Evidence ConcernThe bankruptcy judge presiding over the Chapter 11 case of Merit Street Media expressed his concerns Monday over some of the evidence presented during a multi-day trial over motions to dismiss the company's bankruptcy, saying some testimony caused him to lose sleep. 
Expert Analysis
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								Litigation Inspiration: How To Respond After A Loss  Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben. 
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								The Metamorphosis Of The Major Questions Doctrine  The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring. 
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								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 Mechanical shows merchant cash advance providers why superficial agreement labels will not shield against preference liability, and serves as a guidepost for future contract drafting, say attorneys at Eversheds Sutherland. 
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								Series Playing Mah-Jongg Makes Me A Better Mediator  Mah-jongg rewards patience, pattern recognition, adaptability and keen observation, all skills that are invaluable to my role as a mediator, and to all mediating parties, says Marina Corodemus. 
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								Series Law School's Missed Lessons: Navigating Client Trauma.jpg)  Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan. 
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								Opinion 4 Former Justices Would Likely Frown On Litigation Funding  As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association. 
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								How Attys Can Use AI To Surface Narratives In E-Discovery  E-discovery has reached a turning point where document review is no longer just about procedural tasks like identifying relevance and redacting privilege — rather, generative artificial intelligence tools now allow attorneys to draw connections, extract meaning and tell a coherent story, says Rose Jones at Hilgers Graben. 
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								Opinion GENIUS Act Could Muck Up Insolvency Proceedings  While some of the so-called GENIUS Act's insolvency provisions are straightforward, others run the risk of jeopardizing the success of stablecoin issuers' insolvency proceedings and warrant another look from Congress, say attorneys at Morgan Lewis. 
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								Series Playing The Violin Makes Me A Better Lawyer  Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo. 
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								Series Law School's Missed Lessons: Practicing Self-Care  Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard at MG+M. 
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								ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'  The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine. 
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								Series My Opera And Baseball Careers Make Me A Better Lawyer  Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein. 
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								8 Ways Lawyers Can Protect The Rule Of Law In Their Work  Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business. 
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								Despite Dark Clouds, Outlook For US Solar Has Bright Spots  While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond. 
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								Series Law School's Missed Lessons: Communicating With Clients  Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law. 
