Large Cap
-
February 17, 2026
Oakland Diocese, Abuse Claimants To File Competing Plans
The Roman Catholic Diocese of Oakland and representatives for sexual abuse claimants told a California bankruptcy judge on Tuesday they will be filing competing versions of a plan to settle hundreds of abuse claims against the diocese.
-
February 17, 2026
Multi-Color Noteholders Sue Barclays In Ch. 11 Collateral Fight
Unsecured noteholders for bankrupt label-maker Multi-Color Corp. are suing Barclays Bank PLC as Multi-Color's collateral agent, seeking a declaration that the bank holds liens only on some assets and not "substantially all" assets and property as stated previously in the Chapter 11 case.
-
February 17, 2026
Saks Says Simon Didn't Terminate Two Leases Before Ch. 11
Bankrupt luxury retailer Saks Global told a Texas court that two leased store locations can't be repossessed by landlord Simon Property Group because the leases were not properly terminated before the Chapter 11 filing and the automatic stay protects Saks Global's right to determine how to treat the leases that are property of its estate.
-
February 17, 2026
Connell Foley Debuts Practice, Office With FBT Gibbons Attys
Connell Foley LLP announced Tuesday it is launching a new bankruptcy and restructuring practice group and a new office in Wilmington, Delaware, with the addition of five partners from FBT Gibbons LLP.
-
February 17, 2026
J&J Fights Beasley Allen's Bid To Pause Talc DQ Ruling
A New Jersey state court lacks standing to block an appellate panel's removal of Beasley Allen from representing hundreds of women with ovarian cancer pursuing claims against Johnson & Johnson over talcum powder, the pharmaceutical company has argued in an opposition brief.
-
February 17, 2026
Tucker Arensberg Adds Bankruptcy Atty In Pittsburgh
Tucker Arensberg PC has expanded its transactional resources in Pittsburgh with the recent addition of an attorney who moved to the firm to expand his practice advising clients on bankruptcy and solvency matters after nearly four years with a real estate boutique.
-
February 17, 2026
US Trustee Says Office REIT's Ch. 11 Plan Can't Be OK'd
A U.S. Trustee has objected to an office-focused real estate investment trust's proposed Ch. 11 reorganization plan in a Texas bankruptcy court, arguing that the plan wrongfully wants to release claims related to nondebtor third parties without express permission.
-
February 17, 2026
Meet The Attys In Packaging Co. Pretium's Prepack Ch. 11
Pretium Packaging, a private equity-backed maker of rigid plastic containers, has hired attorneys from Cole Schotz PC and Kirkland & Ellis LLP to steer it through a prepackaged bankruptcy it began after struggling to stabilize its business in the face of more than $1 billion in debt.
-
February 17, 2026
Food52 Can Sell Assets, Saks Can Close 9 Stores
A Delaware bankruptcy judge approved an agreement on the sale of some of e-commerce company Food52 Inc.'s assets to America's Test Kitchen, a Texas judge allowed Saks Global to start closing nine stores, and a New Jersey judge put the retail operator of outdoor clothing brand Eddie Bauer on track for a March auction.
-
February 13, 2026
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy judges this week are set to consider confirmation of wind-down plans from solar energy developer Pine Gate Renewables and subprime lender PrimaLend Capital Partners LP, while also mulling approval for billions of dollars in Chapter 11 financing to support Saks Global.
-
February 13, 2026
Brazil Antitrust Enforcer OKs $100M United Investment In Azul
Brazil's antitrust regulator has cleared a $100 million investment by United Airlines in Azul SA as part of the Brazilian airline's Chapter 11 reorganization, finding the transaction posed no anticompetitive risk.
-
February 13, 2026
Boy Scouts Trustee Seeks Documents From Mormon Church
The trustee overseeing payments to sexual abuse victims in the Boy Scouts of America bankruptcy has asked a Delaware federal judge to order the Church of Jesus Christ of Latter-day Saints to cough up documents detailing settlements the church reached over scouting-related abuse, saying the church is refusing to provide that information.
-
February 13, 2026
Atlanta Boutique Ardis Law Brings On Taylor Duma Attys
A pair of Taylor Duma LLP attorneys — including a former Fulton County Superior Court judge — has joined Atlanta-based law firm Ardis Law LLP, strengthening its creditors' rights, bankruptcy and litigation services.
-
February 13, 2026
Saks Approved For More Store Closing Plans In Ch. 11
Bankrupt luxury retailer Saks Global received court approval Friday in Texas to begin closing procedures at nine of its flagship stores and continue the liquidation of its off-price e-commerce inventory as part of its Chapter 11 plan to rationalize the company's operating footprint.
-
February 13, 2026
Talc MDL Law Firm Accuses Litigation Funders Of Case Piracy
A leading plaintiffs law firm in the multibillion-dollar litigation over Johnson & Johnson's tainted talcum powder has alleged in Mississippi federal court three investment firms loaned it "tens of millions" of dollars under false pretenses in a "loan-to-own" scheme.
-
February 13, 2026
J&J Hit With $250K Verdict In 2nd Philly Talc Trial
A Philadelphia jury hit Johnson & Johnson with a $250,000 verdict on Friday, finding the company liable in the case of a woman whose family claimed that using the company's once-famous talcum powder contributed to her fatal ovarian cancer.
-
February 13, 2026
ArentFox Schiff's New LA Head Talks Success For 'Long Run'
As just the third managing partner in the history of ArentFox Schiff LLP's Los Angeles office, Aram Ordubegian is looking to help it thrive "for the long run."
-
February 12, 2026
Meet The Attys In PE Group Inspired Healthcare's Ch. 11
Inspired Healthcare Capital, a private equity firm that develops senior living facilities, filed for Chapter 11 protection in Texas earlier this month with plans to sell its assets. Guiding it through bankruptcy is a team of McDermott Will & Schulte LLP attorneys who have represented nursing home and healthcare clients in recent complex Chapter 11 cases.
-
February 12, 2026
Split 4th Circ. Denies Stay Lift In CertainTeed Unit's Ch. 11
A split panel of the Fourth Circuit on Wednesday upheld lower court rulings that left in place a stay of asbestos injury litigation facing the bankrupt affiliate of building material maker CertainTeed, with the majority ruling the debtor filed its case in good faith.
-
February 12, 2026
Purdue Pharma Judge Declines To Stay Chapter 11 Plan
A New York bankruptcy judge on Thursday denied motions by personal injury claimants in the Purdue Pharma LP case to stay the opioid maker's Chapter 11 plan, ruling that delaying the deal would be far too costly given the movants are not likely to succeed in an appeal.
-
February 12, 2026
Under The Radar: Bankruptcy News You May Have Missed
A bankrupt watchmaker secured court approval for a sale of some of its assets to a stalking-horse bidder, US Magnesium requested permission to privately sell a turbine, and the one-time CEO of Tricolor Holdings asked a Texas bankruptcy judge to dismiss claims in an adversary suit against him.
-
February 12, 2026
Watchdog Defends Ex-Alex Jones Atty's Conn. Suspension
A Connecticut judge did not abuse her discretion when she suspended an attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case, the state's professional misconduct watchdog has told the Connecticut Supreme Court in asking the justices to skip Norman A. Pattis' appeal.
-
February 12, 2026
BakerHostetler Adds 3 More Dealmakers From Loeb In NY
BakerHostetler announced on Thursday that it is bolstering its transactions bench with three New York-based mergers and acquisitions attorneys from Loeb & Loeb in a move that the firm says strengthens its offerings in middle-market M&A transactions.
-
February 11, 2026
Steward Health Creditor Trust Seeks $56M From Insurers
The creditor litigation trust for the Texas Chapter 11 case of hospital operator Steward Health Care has filed adversary suits against six groups of health insurance companies, seeking payment of covered medical bills totaling more than $56 million.
-
February 11, 2026
Beasley Allen Wants Talc DQ Paused Pending High Court Appeal
Hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder risk appearing in an upcoming trial without their preferred counsel from the Beasley Allen Law Firm, unless a New Jersey state court stays an order disqualifying the firm, it said.
Expert Analysis
-
Law School's Missed Lessons: Networking 101
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
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.
-
The Biz Court Digest: How It Works In Massachusetts
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
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
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.
-
Attys Beware: Generative AI Can Also Hallucinate Metadata
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
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.
-
Law School's Missed Lessons: Educating Your Community
Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.
-
ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits
The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.
-
5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
-
$2B PDVSA Ruling Offers Insight Into Foreign-Issued Debt
A New York federal court's recent decision denying a request by PDVSA, Venezuela's state-owned oil company, to refuse enforcement of $2 billion in defaulted bonds serves as a guide for the scope of review required in assessing the validity of foreign-issued securities with New York choice-of-law provisions, say attorneys at Cleary.
-
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
-
Recent Trends In Lending To Nonbank Financial Institutions
Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.