A New Jersey bankruptcy judge on Tuesday dismissed the Chapter 11 case of plus-size clothing retailer Ashley Stewart, saying it had been filed without proper authority by board members appointed in violation of a state court order.
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TUESDAY, DECEMBER 30, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Judge Says Ashley Stewart Ch. 11 Was Unauthorized

By Rick Archer

A New Jersey bankruptcy judge on Tuesday dismissed the Chapter 11 case of plus-size clothing retailer Ashley Stewart, saying it had been filed without proper authority by board members appointed in violation of a state court order.

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Rent-To-Own Co. FlexShopper Hits Ch. 11 After Fraud Claims

By Alex Wittenberg

FlexShopper, a company offering lease-to-own services for appliances and electronics, has filed for Chapter 11 protection in the Delaware bankruptcy court, listing more than $100 million in debt and alleging its former CEO used forged documents to secure financing for the firm before its collapse.

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Razzoo's $18M Ch. 11 Sale OK'd, With 11 Sites To Stay Open

By Ben Zigterman

A Texas bankruptcy judge approved the $18 million sale of Cajun chain Razzoo's Inc.'s assets to a subsidiary of a Dallas-based restaurant developer, which plans to keep operating 11 of Razzoo's 20 remaining locations.

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CHAPTER 11

Hudson Hotel Debtors Seek To Recast 'Ground Lease'

By Jarek Rutz

The developers behind the former Hudson Hotel in Manhattan have asked a Delaware bankruptcy judge to recharacterize a long-term "ground lease" tied to the property as a disguised financing arrangement, arguing the structure functions economically as a high-cost loan rather than a true lease and should not receive favorable treatment under the Bankruptcy Code.

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ROUNDUPS

Feature

Connecticut's Most Notable Cases Of 2025

By Brian Steele

Two attorneys who were licensed in Connecticut were convicted in 2025 on charges that either did or could result in prison time, including a longtime real estate attorney who fatally shot a man in his law firm's parking lot. And the state's largest healthcare system said it would pay $45 million to exit an agreement to buy three ailing hospitals that were in much worse condition than previously known. Here's a look back at three of the top cases of 2025.

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LEGAL INDUSTRY

3 Key Trends For The Legal Industry In 2025

By Tracey Read

Executive orders, updated office attendance policies and private equity interests were three top issues that shaped the industry this year.

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ITC Atty's 1st Kids' Book Imagines A Santa-Less Christmas

By Dani Kass

Michelle Klancnik, assistant general counsel at the U.S. International Trade Commission, spends her days looking into when imports should be banned for violating intellectual property rights, but outside work, she​'s focused on one big question: What would happen if Santa took a year off?

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Ex-Oura CEO Pushes To DQ Quinn Emanuel In Firing Suit

By Emily Sawicki

The onetime CEO of fitness tracker company Oura Health is pushing to disqualify Quinn Emanuel from representing the smart ring maker in his compensation suit, telling a San Francisco federal judge that he shared confidential information when he consulted with the firm about his claims prior to filing suit.

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NYC Bar Issues Opinion On AI Use For Recording Client Calls

By Tracey Read

The New York City Bar Association's Professional Ethics Committee has issued an opinion addressing how the New York Rules of Professional Conduct impacts the use of artificial intelligence tools to record, transcribe and create summaries of conversations in audio and video calls between attorneys and their clients.

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Ex-DOJ Employees Fight Gov't Bid To Toss Their Firing Suit

By Bonnie Eslinger

An ex-assistant U.S. attorney and two other former Justice Department employees urged a Washington, D.C., federal court on Tuesday to deny the government's motion to dismiss their lawsuit claiming they were unlawfully fired, arguing an internal government employment board isn't appropriate for their cases and is controlled by President Donald Trump.

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Top Delaware Chancery Cases Of 2025: A Year-End Report

By Jarek Rutz

The Delaware Chancery Court closed out 2025 amid a period of institutional uncertainty, as landmark cases addressing fiduciary duty, executive compensation, board oversight and the limits of equitable power unfolded against the backdrop of sweeping legislative changes to the Delaware General Corporation Law.

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Hub Hires: Cooley, Morgan Lewis, Nixon Peabody

By Chris Villani

The end of the year marked the beginning of new chapters for plenty of Boston attorneys, as Cooley added more than 30 professionals to its life sciences team, Morgan Lewis snagged an intellectual property partner, and Nixon Peabody beefed up its cybersecurity practice.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Adler & Stachenfeld

Arnall Golden

Burakiewicz & DePriest

Chipman Brown

Cooley LLP

Covington & Burling

Cramer & Anderson

DLA Piper

Dechert LLP

Duane Morris

Dynamis LLP

Foley & Lardner

Goodwin Procter

Hargrove Firm

Hogan Lovells

Holland & Knight

Jenner & Block

Kirkland & Ellis

Landis Rath

Latham & Watkins

Lowell & Associates

Mandelbaum Barrett

Mark S. Zaid PC

McDermott Will & Schulte

McManimon Scotland

Milbank LLP

Morgan Lewis

Morris Nichols

Munsch Hardt

Nixon Peabody

Okin Adams

Paul Weiss

Perkins Coie

Quinn Emanuel

Shipman & Goodwin

Simpson Thacher & Bartlett LLP

Skadden Arps

Susman Godfrey

Troutman

Willkie Farr

WilmerHale

COMPANIES IN TODAY'S NEWS

Activision Blizzard Inc.

Alvarez & Marsal Holdings LLC

Ashley Stewart Holdings Inc.

BNP Paribas SA

George Washington University

Grant Thornton LLP

Hartford HealthCare Corp.

Horizon Bank

Microsoft Corp.

New York City Bar Association

Nike Inc.

Prospect Medical Holdings Inc.

Razzoo's Inc.

Stanford University

Tesla Inc.

The Boeing Co.

The Trade Desk Inc.

TripAdvisor Inc.

Wingspire Capital LLC

Yale New Haven Health

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Delaware General Assembly

Equal Employment Opportunity Commission

Executive Office of the President

Federal Bureau of Investigation

Internal Revenue Service

International Trade Commission

U.S. Attorney's Office

U.S. Bankruptcy Court for the District of Delaware

U.S. Bankruptcy Court for the District of New Jersey

U.S. Court of Appeals for the Federal Circuit

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Texas

U.S. Merit Systems Protection Board