Try our Advanced Search for more refined results
Bankruptcy
-
January 30, 2026
Reed Smith Brings On Gibson Dunn In $102M Award Feud
Reed Smith LLP has told a New York federal court that it has retained Gibson Dunn & Crutcher LLP to represent it in connection with a motion for sanctions, stemming from a dispute tied to a joint venture involving international shipping company Eletson Holdings.
-
January 30, 2026
Boies Schiller Lands Grant & Eisenhofer Bankruptcy Leader
Boies Schiller Flexner LLP has added the former leader of Grant & Eisenhofer PA's bankruptcy and distressed litigation practice to enhance its capacity to handle all sorts of bankruptcy litigation matters.
-
January 29, 2026
J&J, Talc Unit Get Patients' Bankruptcy Fraud Claims Tossed
A New Jersey federal judge Thursday tossed a proposed class action brought by cancer patients who allege that Johnson & Johnson's maneuvers to settle thousands of tort claims through Chapter 11 involved fraud, saying the plaintiffs have not asserted an injury that confers standing to sue.
-
January 29, 2026
Ex-Synapse Compliance Chief Settles FINRA Supervisory Case
The former chief compliance officer of a subsidiary of bankrupt fintech company Synapse has agreed to a $20,000 fine and yearlong suspension to settle the Financial Industry Regulatory Authority's allegations he failed to preserve certain books and records ahead of the firm's collapse.
-
January 29, 2026
Luminar Sues Semiconductor Co. To Recover On $2.2M Loan
Bankrupt self-driving vehicle technology developer Luminar Technologies has hit Next Semiconductor with a suit in Texas bankruptcy court alleging the chipmaker has defaulted on a $2.2 million loan while "wrongly" suggesting Luminar's Chapter 11 proceedings somehow exempt it from paying the debt.
-
January 29, 2026
Wolfspeed Says Jaguar Land Rover Reneged On Supply Deal
North Carolina-based chipmaker Wolfspeed Inc. has accused Jaguar Land Rover of refusing to pony up payments under a supply agreement for allegedly underbuying products last year, saying the automotive giant can't use slowdowns elsewhere as an excuse for its nonpayment.
-
January 29, 2026
NASCAR Supplier Accuses Brembo Of Extortion Over Debt
A NASCAR parts distributor is allegedly being extorted by Brembo NV, the Italian parent company of its longtime U.S. business partner, in Brembo's attempt to recover debts from a bankrupt company formerly owned by the distributor's majority shareholder, a North Carolina federal court heard.
-
January 29, 2026
Saks To Close 57 Saks Off 5th Stores In Bankruptcy
Saks Global announced Thursday it would close the majority of its Saks Off 5th retail locations and its remaining Neiman Marcus Last Call stores as the company attempts to turn around its business in Chapter 11.
-
January 29, 2026
Bankruptcy Group Of The Year: Paul Weiss
Attorneys from Paul Weiss Rifkind Wharton & Garrison LLP led Rite Aid through its second reorganization in two years and won approval for the sale of DNA testing company 23andMe over the objections of state regulators, earning the firm a place among the 2025 Law360 Bankruptcy Groups of the Year.
-
January 29, 2026
Former First Brands Execs Indicted On Fraud Charges
Patrick James, the founder of bankrupt auto parts maker First Brands Group, and his brother Edward James were indicted by federal prosecutors in New York, who accused the pair of inflating invoices, double pledging collateral and concealing liabilities from lenders.
-
January 29, 2026
Mo. Packaging Co. Files For Ch. 11 To Reduce Debt By $900M
Missouri-based packaging company Pretium Packaging LLC filed for Chapter 11 in a New Jersey bankruptcy court, with a prepackaged plan of reorganization aimed at reducing the company's funded debt by more than $900 million.
-
January 29, 2026
Global Label Maker Multi-Color Hits Ch. 11 With $5.9B Debt
Georgia-based global retail product label maker Multi-Color Corp. filed for Chapter 11 protection Thursday in a New Jersey bankruptcy court with an agreement in place to trim $3.9 billion of its $5.9 billion in debt.
-
January 28, 2026
$3.1M Legal Fee At Heart Of Latest Feud In Citgo Sale Saga
A dispute over who should pay a more than $3 million bill incurred by special master Robert Pincus as he fended off a disqualification bid has become another flash point in long-running litigation aimed at auctioning off Citgo to satisfy billions of dollars' worth of Venezuelan debt.
-
January 28, 2026
Asset Co. Slams Conn. Insurance Chief's Plan For Liquidation
An asset management company asked a Connecticut state court for permission to intervene in the insurance commissioner's rehabilitation of struggling insurer PHL Variable Insurance Co., saying the commissioner's "surprise" plan to pursue liquidation will be disastrous for universal life policyholders that are over a $300,000 cap on death benefits.
-
January 28, 2026
Del. Court Presses Norcold On Insider Bankruptcy Sale
A Delaware bankruptcy judge said he will issue an oral ruling in the coming days after hearing hours of sharply contested argument over whether Norcold LLC can proceed with an insider sale of its assets outside of a Chapter 11 plan, a transaction critics say would extinguish valuable litigation claims and leave the estate administratively insolvent.
-
January 28, 2026
Record Label Says 2 Live Crew Gave Up Rights In Bankruptcy
A Miami-based record label told an Eleventh Circuit panel Wednesday that a lower court erred in determining rap group 2 Live Crew never gave up termination rights under the Copyright Act, arguing instead that the rights were included in the sale of the records in a 1996 bankruptcy.
-
January 28, 2026
Data Co.'s Brass, Top Customer Face SEC 'Round-Trip' Claims
Executives of a now-bankrupt data intelligence company face U.S. Securities and Exchange Commission claims that they conspired with one of the company's biggest customers on a so-called round-trip accounting scheme to overstate the company's revenue and become a more attractive target for a special purpose acquisition company.
-
January 28, 2026
First Brands Needs Court OK On $48M From Ford, GM, Polaris
Struggling auto parts maker First Brands Group urged a Texas bankruptcy judge Wednesday to let it borrow $48 million advanced by Ford, General Motors, Harley-Davidson and other customers, saying it needs the funds to stay afloat after running out of debtor-in-possession financing.
-
January 28, 2026
Judge OKs Texas Wind Farm Owner's Cash Collateral In Ch. 11
A Texas bankruptcy judge Wednesday allowed a wind farm owner in North Texas to access cash collateral, which would enable the company to operate during Chapter 11 proceedings and move to pursue an asset sale as a going concern.
-
January 28, 2026
Bankruptcy Group Of The Year: Quinn Emanuel
Quinn Emanuel Urquhart & Sullivan LLP in 2025 notched wins in novel bankruptcy issues, fending off a Brazilian telecommunication group's bid to ditch its Chapter 15 for Chapter 11 and representing the successful buyer of 23andMe's assets, earning it a spot among the 2025 Law360 Bankruptcy Groups of the Year.
-
January 28, 2026
Bankrupt Alaska Airline Gets First-Day Ch. 11 Nods In Del.
A bankrupt Alaska-based airline landed its first Chapter 11 motion approvals in Delaware on Wednesday, with a U.S. Trustee's Office attorney noting that "this case has some unusual qualities to it," including an absence of revenue.
-
January 27, 2026
Chancery Keeps Alive Jefferies Claims In EV Co. SPAC Suit
Aiding and abetting and breaches of fiduciary duty claims went forward in Delaware Chancery Court on Tuesday against Jefferies LLC in connection with the $1.4 billion take-public blank check company merger of electric vehicle company Electric Last Mile Solutions Inc.
-
January 27, 2026
Mortgage Statements Class Action Tossed, For Now
Bank of New York Mellon and a mortgage servicing company no longer face class action claims that they unfairly sought to collect on second mortgages following a bankruptcy discharge, a Boston federal judge has determined, finding that the suit didn't show that the firms were required to send borrowers periodic statements showing that they still owed money.
-
February 12, 2026
Law360 Seeks Members For Its 2026 Editorial Boards
Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.
-
January 27, 2026
7th Circ. Probes Firm's Oral Agreement To Fees From Fund
Two Seventh Circuit judges on Tuesday pressed a Ballard Spahr LLP attorney to address why his firm didn't secure in writing that an investment fund would foot the legal bills of one of its officers, as the law firm is arguing to the appellate court that it has a valid claim to legal fees in the fund's bankruptcy proceedings based on an oral agreement.
Expert Analysis
-
Opinion
The Legal Education Status Quo Is No Longer Tenable
As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.
-
E-Discovery Quarterly: Rulings On Relevance Redactions
In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.
-
Opinion
Section 1983 Has Promise After End Of Nationwide Injunctions
After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.
-
Series
Playing Soccer Makes Me A Better Lawyer
Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo.
-
Series
Law School's Missed Lessons: Learning From Failure
While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.
-
23andMe Fine Signals ICO's New GDPR Enforcement Focus
Many of the cybersecurity failures identified by the Information Commissioner’s Office in its investigation of 23andMe, recently resulting in a £2.3 million fine, were basic lapses, but the ICO's focus on several new U.K. General Data Protection Regulation considerations will likely carry into the future, say lawyers at Womble Bond.
-
Series
Adapting To Private Practice: From ATF Director To BigLaw
As a two-time boomerang partner, returning to BigLaw after stints as a U.S. attorney and the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, people ask me how I know when to move on, but there’s no single answer — just clearly set your priorities, says Steven Dettelbach at BakerHostetler.
-
4 In-Flux Employment Law Issues Banks Should Note
Attorneys at Ogletree provide a midyear update on employment law changes that could significantly affect banks and other financial service institutions — including federal diversity equity and inclusion updates, and new and developing state and local artificial intelligence laws.
-
Series
Playing Baseball Makes Me A Better Lawyer
Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.
-
Series
Ohio Banking Brief: All The Notable Legal Updates In Q2
Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.
-
A Deep Dive Into 14 Nixed Gensler-Era SEC Rule Proposals
The U.S. Securities and Exchange Commission last month formally withdrew 14 notices of proposed rulemaking, including several significant and widely criticized proposals that had been issued under former Chair Gary Gensler's leadership, signaling a clear and definitive shift away from the previous administration, say attorneys at Dechert.
-
Series
Law School's Missed Lessons: Skillful Persuasion
In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.
-
Special Committees Gain Traction In Chapter 11 Investigations
Excerpt from Practical Guidance
Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.
-
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.
-
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.