SVB Says FDIC Can't Claim Setoff In $1.9B Fight

By Rick Archer

The bankrupt parent of the failed Silicon Valley Bank on Monday made its case to the Second Circuit that the Federal Deposit Insurance Corp. lost the right to assert setoff arguments in a fight over $1.9 billion in bank funds by failing to make the argument in SVB's Chapter 11 case.

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Texas Wind Farm Owner Hits Ch. 11 With $108M In Debt

By Emlyn Cameron

A wind farm owner in North Texas has filed for Chapter 11 protection with $108 million in debt, saying a winter storm in 2021 put it on a path to conflict with a partner in a defunct hedging agreement, with the partner eventually installing leaders to restructure the debtor.

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Bankrupt Biz Can't Avoid Pension Obligations, 4th Circ. Says

By Ben Zigterman

A defunct construction business owes the International Painters and Allied Trades Industry Pension Fund about $1.6 million, a Fourth Circuit panel said Monday, affirming a lower court's decision that the fund's lawsuit seeking payment was filed on time.

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Bankruptcy Group Of The Year: Weil

By Emlyn Cameron

Weil Gotshal & Manges LLP's bankruptcy attorneys tackled some of the most talked-about cases in 2025, with work that included spearheading First Brands' more than $10 billion Chapter 11 and confirming Steward Health Care's plan, putting the team among the 2025 Law360 Bankruptcy Groups of the Year.

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Ch. 7 Trustee Seeks $59M To Halt Pump Co. Family Transfers

By Emily Lever

The Chapter 7 trustee overseeing the bankruptcy of pump manufacturer Nash Engineering Co. has demanded a $59.7 million placeholder payment from a sprawling array of family members and trusts connected to the company's owners, saying the myriad defendants need to be stopped from hiding assets from creditors.

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La. Doctor Drops Porzio Bromberg Malpractice Suit In NJ

By Emily Sawicki

A Louisiana doctor has dropped his legal malpractice suit against New Jersey firm Porzio Bromberg & Newman PC after the firm moved to dismiss the suit, though the doctor left open the possibility of continuing to pursue claims.

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Series

Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

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Law Student Recruiting Moves Further Off Campus

By Emma Cueto

About four-fifths of law school summer associate recruiting in 2025 happened through employer-sponsored channels, as opposed to more traditional law school-sponsored channels, with recruiting also happening increasingly early, according to research unveiled Monday by the National Association for Law Placement.

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Fla. Bar Clears Gaetz Despite US House Ethics Report

By Courtney Bublé

The Florida Bar has decided to not discipline former U.S. Rep. Matt Gaetz, R-Fla., who was briefly President Donald Trump's pick for attorney general, despite the House ethics committee's findings that Gaetz regularly paid for sex, including with a minor.

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Texas Law Firm-Linked Plane Crashes In Maine With Fatalities

By Lynn LaRowe

A private plane connected to Texas-based litigation firm Arnold & Itkin LLP overturned and caught fire Sunday night as it attempted to take off from a Maine airport, killing at least six people on board, according to authorities and public records.

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Indiana Judge Was Shot Through Front Door, Cop Says

By Hailey Konnath

An Indiana Superior Court judge and his wife were shot by a man standing on their front porch, through their closed front door, according to an affidavit, which noted that the suspected shooter was connected to a man with pending charges in the judge's courtroom.

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Foley & Lardner Can't Dodge Pro-Palestinian Atty's Bias Suit

By Emily Sawicki

A Chicago federal judge on Monday denied Foley & Lardner LLP's bid for an early win against claims brought by a former summer associate who said discrimination led to the firm's decision to rescind a job offer after she publicly supported Palestinians amid Israel's war with Hamas.

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Minn. Judge Probes Limits Of ICE Enforcement Actions

By Ganesh Setty

A Minnesota federal judge on Monday considered whether to preliminarily block the Trump administration from sending thousands of immigration enforcement officers to the state, questioning if the surge is a coercive federal act in violation of state sovereignty.

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Full 3rd Circ. Passes On Alina Habba DQ Challenge

By Carla Baranauckas

The Third Circuit on Monday declined to reconsider its decision blocking Alina Habba from serving as acting U.S. attorney for New Jersey, denying the Justice Department's petition for rehearing and leaving intact a decision that sharply curtailed the government's use of creative maneuvers to install interim federal prosecutors.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court wrapped up the week with a slate of high-stakes deal challenges, governance rulings and oversight decisions, including an emergency bid to block a $10.9 billion bank merger, a state Supreme Court reversal reshaping stockholder agreement litigation and a major opinion allowing sexual misconduct oversight claims to proceed.

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