Large Cap

  • April 24, 2026

    Jane Street Slams Terraform's Insider Trading Claims

    Jane Street is looking to escape a lawsuit accusing it of trading on insider information ahead of the collapse of cryptocurrency company Terraform Labs, telling a New York federal judge that it shouldn't have to "foot the bill" for a fraud that Terraform itself committed.

  • April 24, 2026

    Big Banks Say Investors' Beefed-Up Tricolor Claims Still Fail

    JPMorgan, Barclays and Fifth Third doubled down on their bid to dismiss an investor suit accusing them of facilitating an alleged auto loan fraud by Tricolor Holdings, saying they were also blindsided by Tricolor's actions.

  • April 24, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A New York bankruptcy judge will consider whether the state's attorney general should be a creditor in a Roman Catholic diocese's Chapter 11, Purdue Pharma will receive its criminal sentence, and Saks Global Enterprises LLC will seek court approval of a plan disclosure statement.

  • April 24, 2026

    Fox Rothschild Lands Restructuring Ace From Riker Danzig

    Fox Rothschild LLP gained a former longtime Riker Danzig LLP partner in its financial restructuring and bankruptcy department with experience in complex restructurings, corporate trust matters and more, the firm announced this week.

  • April 24, 2026

    Freedom Forever Approved For Deal That Frees Up $1.5M

    Freedom Forever received a Delaware bankruptcy court's approval Friday for a deal with a project financer that will free up $1.5 million for the Chapter 11 estate, allowing the bankrupt solar company to get dozens of workers back on the job to complete home solar projects and get revenue flowing back to the business.

  • April 24, 2026

    Saks Says Deal With Creditors Will Clear Path To Ch. 11 Plan

    Saks Global Enterprises LLC has reached an agreement in principle on a global settlement that would resolve the concerns of its creditors committee and provide the luxury retailer with a path toward confirmation of a Chapter 11 plan.

  • April 24, 2026

    Top Restructuring Atty Joins Kirkland From Wachtell Lipton

    Kirkland & Ellis LLP announced this week that it has hired the head of Wachtell Lipton Rosen & Katz's finance and restructuring practices, calling him a "leader in the field of liability management."

  • April 23, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Insurer MBIA Inc. asked a Connecticut federal judge to end a lawsuit tied to Puerto Rico's bankruptcy, the U.S. Trustee's Office opposed Inspired Healthcare's bid for mediation, and a New York federal judge nixed a New Mexico building owner's appeal of a decision in favor of a creditor's plan disclosure.

  • April 23, 2026

    First Brands Wants More Time To File Ch. 11 Plan

    Bankrupt auto parts maker First Brands Group asked a Texas court to extend the window during which it has the exclusive right to file a Chapter 11 plan, saying it spent months in mediation negotiating a settlement with creditors that will soon be incorporated into plan documents.

  • April 23, 2026

    Spirit In 'Advanced' Talks With Gov't For Ch. 11 Financing

    Spirit Aviation is in "very advanced discussions" on a government-funded financing package after the war in Iran derailed its second Chapter 11's plans, one of the budget airline's attorneys said at a Thursday bankruptcy hearing in New York.

  • April 23, 2026

    Lowenstein Sandler Aims For 'All-Inclusive' Delaware Office

    Lowenstein Sandler LLP recently launched a Delaware office by bringing on Christopher A. Ward, who previously co-chaired Polsinelli’s bankruptcy practice, to lead and expand the office. Here, he tells Law360 Pulse about his goals and priorities moving forward and how the firm plans to stake its place in Delaware’s legal market.

  • April 23, 2026

    Tariff Refunds Create Unprecedented Questions In Bankruptcy

    The court-ordered process of getting tariff refunds into the pockets of American companies began this week, but the unprecedented situation has left restructuring professionals reeling with unanswered questions about whether the refunds can be treated as an asset, especially in a bankruptcy context.

  • April 22, 2026

    Pal Of Ex-Beneficient CEO Aided Fraud Cover-Up, Jury Hears

    A childhood friend of the founder and former CEO of Dallas-based financial services firm Beneficient on Wednesday told a Manhattan federal jury that he fabricated email correspondence and signed documents misstating his time as head of what prosecutors say was a shell company used to pull off a $100 million fraud.

  • April 22, 2026

    SBF Says He Wrote New Trial Bid Himself, But Asks To Pull It

    Imprisoned FTX founder Sam Bankman-Fried has told a New York federal judge that, although his attorney parents made suggestions regarding his motion for a new trial, he wrote the brief himself, but now wants to withdraw the request, because he doesn't "believe I will get a fair hearing on this topic in front of you."

  • April 22, 2026

    Prince Global Liquidators Get OK To Hunt US Bank Records

    A New York bankruptcy judge on Wednesday allowed the joint liquidators of Prince Global Holdings, the debtor at the center of a massive alleged Cambodian fraud and human trafficking ring, to begin gathering information in the United States as they seek to uncover hidden assets and unravel the tangle of entities involved.

  • April 22, 2026

    $16B YPF Argentina Feud Will Go To Arbitration

    Investors in Argentina's largest oil and gas exploration company confirmed to a New York federal judge Tuesday that they will pursue arbitration in their $16 billion fight with the country, and are now seeking permission to use discovery obtained in the case in the parallel claim.

  • April 22, 2026

    Cumulus Defends Nielsen Data-Tying Order At 2nd Circ.

    Radio giant Cumulus Media has told the Second Circuit that Nielsen helped contribute to the broadcaster's bankruptcy earlier this year by tying sales of its national radio ratings data to sales of its local offerings, calling the practice unlawful and saying it should be stopped.

  • April 22, 2026

    Judge Agrees To Confirm Office REIT's Ch. 11 Plan

    A Texas bankruptcy judge said Wednesday he would sign off on the Chapter 11 plan outlined by Office Properties Income Trust, a real estate investment trust that owns and leases out office space nationwide, overruling objections to analyses backing the proposal.

  • April 22, 2026

    Womble Bond Hires Ex-White & Case RE Atty For Partner Role

    Womble Bond Dickinson has hired a former White & Case LLP partner who specializes in real estate financing and private capital market deals for a partner role in its New York City office, the firm recently announced.

  • April 22, 2026

    Spirit Airlines' Turbulent Journey Through Chapter 22

    Just 14 months after Spirit Airlines received a New York bankruptcy judge's approval for a debt-equity swap Chapter 11 plan in an earlier case, the budget airline is heading to court again Thursday to defend its disclosure statement for a new plan and move toward a second reorganization.

  • April 22, 2026

    Monette Farms Seeks Ch. 15. OK For $1.08B Canadian Reorg

    North American farming enterprise Monette Farms Ltd. filed for Chapter 15 recognition of its Canadian restructuring as it seeks urgent liquidity to seed crops for the growing season.

  • April 21, 2026

    Jury Told Ex-Finance CEO Is The Fall Guy In $100M Fraud Case

    Counsel for the founder of Beneficient on Tuesday told a Manhattan federal jury that the founder of the Dallas-based financial services firm did not defraud its onetime business partner GWG Holdings out of more than $100 million, saying a group of former insiders are trying to scapegoat the executive for GWG's downfall.

  • April 21, 2026

    Bills Sinking 'Texas Two-Step' Ch. 11 Cases Reintroduced

    Members of Congress have reintroduced bipartisan legislation meant to deter so-called Texas two-step Chapter 11s, a controversial maneuver companies have used to address mass tort liabilities in bankruptcy.

  • April 21, 2026

    M&T Unit Wants Tricolor Suit Moved To Bankruptcy Court

    Wilmington Trust, a subsidiary of M&T Bank that served as custodian to subprime auto lender Tricolor Holdings trusts, has defended its bid to transfer a suit accusing it of failing to help prevent Tricolor's collapse last year, saying the action should be moved from a New York federal court to Texas bankruptcy court.

  • April 21, 2026

    Purdue Pharma Sentencing Punted For In-Person Attendance

    A New Jersey federal judge delayed Oxycontin maker Purdue Pharma's criminal sentencing by a week, saying rescheduling would give an in-person attendance option to hundreds of observers who tuned in virtually Tuesday.

Expert Analysis

  • Law School's Missed Lessons: In Court, It's About Storytelling

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    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

  • Charges Signal Tougher Stance On Execs' Bankruptcy Fraud

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    The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea change in the willingness of federal prosecutors to use bankruptcy fraud as a basis to charge corporate officers more frequently alongside traditional statutes such as wire fraud, bank fraud and money laundering, say attorneys at White & Case.

  • 5 Different AI Systems Raise Distinct Privilege Issues

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    A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.

  • AI-Assisted Arbitration Needs Safeguards To Ensure Fairness

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    As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, ​​​​​​​clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.

  • AI-Generated Doc Ruling Guides Attys On Privilege Risks

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    A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.

  • The Law Firm Merger Diaries: Leadership Strategy After Day 1

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    For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.

  • Law School's Missed Lessons: What Cross-Selling Truly Takes

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    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'

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    Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.

  • If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access

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    With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers that need to retain access to key AI products in the event of vendor’s bankruptcy should consider four elements that could determine whether they may invoke traditional Section 365(n) intellectual property protections, say attorneys at Sidley.

  • Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • 2 Rulings Showcase Fuzzy Limits Of 'Related To' Jurisdiction

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    The Fifth and Ninth Circuits recently handed down decisions, in Sanchez Energy and Sawtelle Partners, respectively, reminding practitioners that bankruptcy court jurisdiction over lingering disputes is not guaranteed, regardless of whether confirmation orders contain specific "retention of jurisdiction" language, says Brian Shaw at Cozen O’Connor.

  • Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

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