Bankruptcy

  • July 10, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen lawyer Ian Rosenblatt launch legal action against music mogul Simon Cowell, Boohoo face a fresh investor claim after previously facing allegations that it feigned ignorance of labor abuses in its supply chain, and an ex-Tory MP and his chief of staff sued by their former employer. Here, Law360 looks at these and other new claims in the U.K.

  • July 10, 2026

    Bradley Adds Bankruptcy Atty From Arnall Golden In Atlanta

    Bradley Arant Boult Cummings LLP has added an Arnall Golden Gregory LLP partner in its Atlanta office, strengthening its bankruptcy and creditors' rights practice with an attorney who brings more than 25 years of legal experience.

  • July 09, 2026

    5th Circ. Prods Highland-Affiliated Co. On Ex-CEO's 'Privity'

    A Fifth Circuit panel pressed an entity related to Highland Capital to explain why a fraudulent transfer claim against Highland's former CEO should stand following a separate consent judgment, asking when the former chief executive ceased to be "in privity with Highland."

  • July 09, 2026

    RICO Defendant Says Claims Target Protected Activity

    An attorney named in a business owner's sprawling racketeering suit against his former business partner and numerous alleged co-conspirators has asked a California federal judge to throw out the claims, arguing the lawyer's actions were protected litigation activity and that the business owner lacks standing to sue.

  • July 09, 2026

    States Flag Freedom Forever's Deal With Financier In Ch. 11

    A dozen states have objected to Freedom Forever's settlement with one of its key financing partners, telling a Delaware judge they were concerned about the deal's impacts on customer contracts with the bankrupt solar panel installer.

  • July 09, 2026

    Sleep Number's Ex-CEO Can Enter Ch. 11 Fray As Bidder

    The former CEO of bankrupt mattress company Sleep Number Corp. will be permitted to submit a bid to acquire the assets of the business after entering the process at the eleventh hour Thursday.

  • July 09, 2026

    Levona Pans Greenberg Traurig, Reed Smith Privilege Claims

    Levona Holdings has urged a New York federal judge to order Reed Smith LLP and Greenberg Traurig LLP to turn over privilege logs in discovery related to the company's motion for sanctions, saying there are "reasons to doubt" the firms' privilege claims.

  • July 08, 2026

    Citadel Securities Drops Portofino Suit To Chase UK Judgment

    Citadel Securities has dropped its New York trade secrets lawsuit targeting a Swiss cryptocurrency trading firm launched by two ex-employees in order to focus on enforcing a roughly £6 million ($8 million) judgment it's already won in the dispute, according to documents filed Wednesday.

  • July 08, 2026

    Dish Ch. 11 Plan Disclosure Hearing Pushed Back 2 Weeks

    A Texas bankruptcy judge said Wednesday creditors of EchoStar Corp.'s bankrupt video distribution and wireless network units should be able to conduct discovery of the debtors before they seek approval of Chapter 11 plan disclosures, resetting a hearing on those documents for July 23.

  • July 08, 2026

    Lenders Left Out Of Serta Uptier Deal Win $400M In Ch. 11 Suit

    Creditors that were excluded from Serta Simmons' so-called uptier debt restructuring are entitled to $261 million in damages plus interest, a Texas bankruptcy court has found, ruling against lenders that participated in the 2020 transaction.

  • July 08, 2026

    Sheppard Adds Transactional, IP Attys In Chicago And San Diego

    Sheppard announced Wednesday that the firm has added an experienced intellectual property attorney focused on life sciences as a San Diego area-based partner, a day after announcing the addition of two Chicago-based transactional partners.

  • July 08, 2026

    NC Bankruptcy Admin Seeks Sanctions For Ch. 7 Abuse

    A North Carolina bankruptcy administrator is seeking sanctions against a Georgia "short sale" real estate dealer, claiming he filed bankruptcy papers "riddled" with lies as part of an attempt to sell a home on the verge of foreclosure.

  • July 08, 2026

    Viridis Chemical Gets OK On Ch. 11 Plan After Sale

    A Texas bankruptcy judge on Wednesday signed off on bio-based chemical technology company Viridis Chemical LLC's Chapter 11 liquidation plan, more than a month after the debtor sold most of its assets.

  • July 07, 2026

    2nd Circ. Says Investor Can Keep Bed Bath & Beyond Profits

    The Second Circuit on Tuesday found that a late investor in defunct retailer Bed Bath & Beyond can keep the profits from its sale of the company's stock, rejecting claims that a contractual cap on the investor's share ownership was a sham.

  • July 07, 2026

    23andMe's $47M Data Breach Deal Gets Bankruptcy Court OK

    A Missouri bankruptcy judge entered an order Tuesday authorizing a $46.7 million settlement between the plan administration trust created under the Chapter 11 plan of DNA-testing company 23andMe and data breach claimants, finding the deal is fair and equitable. 

  • July 07, 2026

    Celsius Ex-GC's Ch. 11 Suit Against Other Execs Tossed

    A New York bankruptcy judge tossed a former Celsius Network LLC executive's lawsuit that blamed alleged oversight issues at the crypto platform on three other executives, finding that his claims belonged to Celsius and were waived under its Chapter 11 plan.

  • July 07, 2026

    Pryor Cashman Adds Simpson Thacher Atty To Litigation Team

    Pryor Cashman LLP said Tuesday it has continued growing its litigation group with a longtime Simpson Thacher & Bartlett LLP lawyer, who has represented "some of the most prominent names in private equity and finance," the firm said.

  • July 07, 2026

    Feds Aim To Block Expert In Trial Over Threats To Judges

    The government is seeking to block a defense expert from testifying about prosecutorial charging policies and procedures in an upcoming trial in Pennsylvania federal court for a man accused of threatening to kill judges.

  • July 07, 2026

    Nevada Solar Plant Gets OK For Ch. 11 Wind-Down Plan

    A Delaware bankruptcy judge Tuesday approved the wind-down plan of a Nevada solar plant operator after hearing creditors dropped their request to appoint a trustee to investigate the company's management.

  • July 06, 2026

    Ex-SVB Exec Recounts Pressure For 'More Yield' At FDIC Trial

    Silicon Valley Bank's ex-head of corporate investments and capital markets testified in a deposition shown during a California federal bench trial Monday over the FDIC's claims the bank's brass mismanaged its assets, saying that he felt pressure from the bank's then-chief financial officer to add riskier, higher-yielding assets to the bank's securities portfolio.

  • July 06, 2026

    DCG Can Send Crypto Securities Question To 2nd Circ.

    A Connecticut federal judge gave Digital Currency Group and its executives the green light to ask the Second Circuit whether certain cryptocurrency lending agreements amount to securities, waving on an appeal of a February order that kept alive a proposed class action over the collapse of DCG's crypto lending subsidiary.

  • July 06, 2026

    Ex-MLB Star Files Ch. 11 After Federal Gambling Conviction

    Former Major League Baseball player Yasiel Puig filed a Chapter 11 bankruptcy case in Florida with at least $1 million of debt several months after a California federal court jury found him guilty of lying to investigators about his participation in an illegal gambling operation.

  • July 06, 2026

    The Moments That Shaped The Monsanto Decision

    U.S. Supreme Court justices forged unusual alliances when they ruled a federal statute preempts claims Monsanto failed to warn consumers its Roundup weed killer may cause cancer. Oral arguments provided insights on the 7-2 outcome, highlighting issues the jurists were grappling with and showcasing rationales that found their way into the opinion.

  • July 06, 2026

    After Tense Terms, Hints Of High Court Harmony With Circuits

    Following several U.S. Supreme Court terms teeming with reversals and rebukes of lower appeals courts, the justices this term found fault less often with rulings by circuit judges, who are likely becoming better attuned to the conservative supermajority, attorneys say.

  • July 06, 2026

    The Funniest Moments Of The Supreme Court's Term

    When one of the U.S. Supreme Court's most talkative members suddenly struggled to speak, the atmosphere at oral arguments grew increasingly anxious — until the justice deadpanned that it was an advocate's golden opportunity to avoid a grilling.

Expert Analysis

  • Series

    My Miniature Livestock Farm Makes Me A Better Lawyer

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    Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.

  • Litigation Funding Could Create Ethics Issues For Attorneys

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    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

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    Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.

  • Series

    Building With Lego Makes Me A Better Lawyer

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    Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • Series

    Practicing Stoicism Makes Me A Better Lawyer

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    Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.

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