Large Cap

  • November 03, 2025

    FTX Trust Fights To Claw Back $650K Charity Donation

    FTX Recovery Trust has urged a Delaware bankruptcy judge to reject an FTX angel investor's bid to block the trust from clawing back a $650,000 charitable donation, saying a related sanctions motion by the investor is a litigation tactic to deter the trust from pursuing its claims over the donation.

  • November 03, 2025

    2nd Circ. Denies Reed Smith Relief In Eletson Discovery Feud

    The Second Circuit has rejected a bid from Reed Smith to pause a lower court ruling ordering the new owner of international shipping company Eletson Holdings to turn over documents requested by competitor Levona Holdings Ltd, finding the law firm failed to make its case to hold off on granting access to the documents.

  • November 03, 2025

    Cred Inc. Trust To Make $76M In Ch. 11 Crypto Payments

    The liquidation trust created under the confirmed Chapter 11 plan of cryptocurrency platform Cred Inc. told a Delaware bankruptcy court on Monday that it is ready to make $76 million in distributions to unsecured creditors more than four years after the plan went into effect.

  • November 03, 2025

    Wolfspeed Says Gas Supplier Reneged On Equipment Deal

    Recently bankrupt semiconductor company Wolfspeed Inc. accused a bulk gas supplier in North Carolina federal court of failing to follow through on a contract by not removing gas equipment and suspending service fees.

  • November 03, 2025

    Eletson Calls For Sanctions In Affiliate Ownership Row

    Oil and gas shipping company Eletson Holdings was back before a New York bankruptcy judge Monday seeking sanctions in its Chapter 11 case, this time accusing a trio of Cyprus corporations of violating an order to undo changes to the board of a subsidiary.

  • November 03, 2025

    Dr. Phil Biz Ch. 11 Converted, Claire's Can Exit Bankruptcy

    A judge agreed to switch the bankruptcy of a media company tied to talk show host Dr. Phil McGraw to a Chapter 7 case, Claire's obtained approval for its Chapter 11 exit plan and Spirit Airlines got the final sign-off for more than $1 billion in postpetition financing.

  • November 03, 2025

    Catching Up With Delaware's Chancery Court

    From billion-dollar pharma feuds to shifting equity deadlines, Delaware's courts saw another week of battles over mergers, fiduciary duty and judicial limits.

  • November 03, 2025

    Omnicare Gets OK On $110M DIP Amid Sale Push

    A Texas bankruptcy judge on Monday allowed Omnicare LLC to borrow $110 million in Chapter 11 financing, letting the CVS Health subsidiary that provides pharmacy services for long-term care facilities fund its business as it works to sell the company.

  • October 31, 2025

    Real Estate Recap: Retail Rebirth, Data Center Outlier, SCIFs

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a look at how recent big-box store bankruptcies could usher in a retail sector revival, Florida's comparative inertia building data centers, and a rise in the niche asset class known as "sensitive compartmented information facilities."

  • October 31, 2025

    4th Circ. Denies En Banc Review In Bestwall Ch. 11 Case

    The Fourth Circuit on Thursday declined asbestos claimants' request for an en banc review of a panel ruling in a Georgia-Pacific LLC spinoff's Chapter 11 case, rejecting on an 8-6 vote an argument that the bankruptcy is a sham and blocks victims' access to justice.

  • October 31, 2025

    Slater Blasts Bid To Terminate Boy Scout Case Fees

    Mass tort plaintiffs' firm Slater Slater Schulman LLP is calling a motion seeking to end their contingency fee legal service agreements with sexual abuse claimants in the Boy Scouts of America bankruptcy a baseless attempt to lure away its clients.

  • October 31, 2025

    Fraud Claims Spur Dismissal Bid In First Brands SPV Cases

    Lenders to special purpose vehicle entities tied to auto parts maker First Brands Group asked a Texas bankruptcy judge to dismiss the vehicles' Chapter 11 cases or appoint a trustee, arguing that the entities' managers were improperly replaced and their funds were to be kept apart from First Brands' assets.

  • October 31, 2025

    Insurers Denied Bid To Stay Avon's Ch. 11 Plan For Appeal

    A Delaware bankruptcy judge denied a motion Thursday from insurers at Lloyd's of London to stay Avon Inc.'s Chapter 11 plan while the insurers appeal, finding the insurers had not shown they would be irreparably harmed by the plan taking effect.

  • October 31, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Eletson holdings will seek approval of a joint motion for sanction, a Delaware bankruptcy judge will consider letting Mountain Sports take plan votes and a New York City nightclub will vie for disclosure approval from the same Delaware judge.

  • October 31, 2025

    How Even Successful Ch. 11 Reorgs Can Turn Off Consumers

    Bankrupt companies risk losing up to 15% of their value as a direct result of customers ditching them over concerns that their products will decline in quality during a Chapter 11 case, according to a recent study that assessed why even successful restructurings often turn away consumers.

  • October 31, 2025

    Ill. Judge Prefers 'Clean' Dismissal Against Ex-Girardi Attys

    An Illinois federal judge told Edelson PC on Friday to either dismiss its conversion case against two former Girardi Keese attorneys in a "clean" and "unadulterated" stipulation or submit legal authority supporting its desire to condition the dismissal on him adopting side agreements the parties outlined in their filing.

  • October 31, 2025

    Baltimore Diocese Judge Orders Trial On Charitable Immunity

    A Maryland bankruptcy judge ordered the Archdiocese of Baltimore and a group of child sexual abuse claimants to prepare for a December trial on whether a charitable immunity defense should allow the Catholic organization to duck abuse claims, calling the issue "too significant" to be decided without a complete factual record.

  • October 31, 2025

    Office Building REIT Hits Ch. 11 In Texas With $1B+ Debt

    A Massachusetts-based real estate investment trust with 124 office properties nationwide has filed for Chapter 11 protection in a Texas bankruptcy court carrying more than $1 billion in debt and an equity swap agreement with its creditors in hand.

  • October 30, 2025

    Modivcare's Wind-Down Deal With UnitedHealthcare Gets OK

    A Texas bankruptcy judge approved Modivcare's settlement ending its relationship with the health insurance giant UnitedHealthcare, overruling an objection from the medical transport company's official committee of unsecured creditors.

  • October 30, 2025

    Linqto Keeps Ch. 11 Case Control Over Customer Opposition

    Bankrupt investment platform Linqto received court approval Thursday to maintain control over its Chapter 11 plan process through mid-December, with a judge in Texas deferring to the company's judgment as it navigates its complex insolvency.

  • October 30, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A trustee overseeing equity assets from Rite Aid's last Chapter 11 urged a New Jersey bankruptcy judge to let him wind the trust down. Diamondhead Casino's president and Chapter 7 trustee fought over a meeting notice. And cheese maker Rizo-Lopez Foods asked to transition its Chapter 11 proceedings into a Chapter 7 case.

  • October 30, 2025

    Long Island Diocese Asks To Close Out Ch. 11 Case

    The Roman Catholic Diocese of Rockville Centre is asking a New York bankruptcy judge to close its five-year-old Chapter 11 case, saying it has fulfilled the conditions of its Chapter 11 plan and settlement payments are flowing to the hands of sexual abuse survivors.

  • October 30, 2025

    Meet The Examiner Probing Spirit's Quick Return To Ch. 11

    Marc J. Heimowitz has seen many times what creditors experience when an airline goes bankrupt, and his deep Wall Street experience analyzing distressed companies in the industry will help him in his new role as the examiner appointed to investigate the circumstances surrounding Spirit Airlines' second Chapter 11 filing in August, just over five months after it had exited its prior bankruptcy.

  • October 30, 2025

    Pension Fund Says Yellow Plan Can't Reserve Claim Argument

    A Teamsters pension fund is urging the Delaware bankruptcy court to reject Yellow Corp.'s liquidation plan, arguing the trucking company is reserving potential arguments against the fund's $17.8 million claim that have already been resolved and discharged.

  • October 29, 2025

    Judge Says He Will End Oakland Diocese Ch. 11 By Nov. 12

    A California bankruptcy judge said Wednesday he will grant a request by the Roman Catholic Diocese of Oakland to bow out of a Chapter 11 case it started two years ago by mid-November, but rejected calls from creditors to rule the bankruptcy had been filed in bad faith.

Expert Analysis

  • Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • AI Will Soon Transform The E-Discovery Industrial Complex

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    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

  • When Innovation Overwhelms The Rule Of Law

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    In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.

  • Adventure Photography Makes Me A Better Lawyer

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    Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.

  • How Ch. 11 Can Alleviate Merchant Cash Advance Concerns

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    Merchant cash advance funding is one of the biggest challenges for small businesses today because funders are so prevalent, aggressive and expensive, but bankruptcy can provide several tools for dealing with MCA agreements that may allow the debtor business to restructure and survive, says Patricia Fugée at FisherBroyles.

  • 5 Ways To Create Effective Mock Assignments For Associates

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    In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.

  • 8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.

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    A Delaware bankruptcy court’s recent decision, examining trucking company Yellow Corp.’s abrupt termination of roughly 25,500 employees, offers financially distressed businesses a road map for navigating layoffs under the Worker Adjustment and Retraining Notification Act, say attorneys at King & Spalding.

  • Mentorship Resolutions For The New Year

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    Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.

  • Coaching Little League Makes Me A Better Lawyer

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    While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

  • 5 Litigation Funding Trends To Note In 2025

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    Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.

  • Rethinking Litigation Risk And What It Really Means To Win

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    Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.

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