Large Cap
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February 20, 2026
Beasley Allen Can't Pause NJ Talc DQ Order, Judge Rules
The Beasley Allen Law Firm can't delay an order disqualifying it from representing hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder while it seeks review from the New Jersey Supreme Court, a state judge ruled on Friday.
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February 20, 2026
Saks Global Gets Final OK On Over $1.2B In Ch. 11 Funding
Luxury retailer Saks Global secured a Texas bankruptcy judge's approval Friday on more than $1.2 billion in Chapter 11 financing after reaching a deal with unsecured creditors, funds that Saks will use to support its reorganization efforts.
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February 20, 2026
Pryor Cashman Appoints Bankruptcy Chair To Exec Committee
Pryor Cashman LLP announced that an experienced attorney who has served in leadership roles in his nearly 20 years with the firm has been elected to a three-year term as a member of its executive committee.
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February 20, 2026
Simpson Thacher Plans Dallas Launch, Adds Capital Practice
Simpson Thacher & Bartlett LLP is planning to plant a second flag in the Lone Star State with a shop in Dallas after launching a capital structure solutions practice with a New York-based partner who came aboard from Kirkland & Ellis LLP at the helm.
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February 19, 2026
How The Camden Diocese Reached A $180M Abuse Deal
In agreeing to pay $180 million to a trust for clergy sexual abuse survivors, the Roman Catholic Diocese of Camden, New Jersey, and its insurers took a big step toward ending a longtime dispute that put bankruptcy proceedings at the center of victim compensation.
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February 19, 2026
Luminar Gets OK To Seek Ch. 11 Liquidation Plan Votes
A Texas bankruptcy judge has approved Luminar Technologies Inc.'s disclosure statement, allowing it to seek votes on its chapter 11 liquidation plan.
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February 19, 2026
Under The Radar: Bankruptcy News You May Have Missed
Two former executives at Mobileum Inc., which went through bankruptcy in 2024, were charged by federal prosecutors with fraud tied to the company's $915 million sale about two years before. Meanwhile, a group of noteholders raised concerns about telecom company Oi SA's sale plans in Brazil, and PosiGen was hit with objections to its Chapter 11 plan ahead of a confirmation hearing next week.
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February 19, 2026
Feds Say Miles Guo Can't Dodge $1.3B Fraud Forfeiture
Federal prosecutors say bankrupt Chinese exile Miles Guo waived any chance to object to a $1.3 billion preliminary order of forfeiture by waiting six months to object, urging a New York federal judge to reject the convicted fraudster's attempt to contest the order.
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February 19, 2026
Warren Seeks Treasury, Fed Pledge Of No Bitcoin Bailout
Sen. Elizabeth Warren, D-Mass., is asking the U.S. Treasury and Federal Reserve to provide a written pledge not to bail out cryptocurrency markets in the face of sliding bitcoin prices, saying such a move would disproportionately benefit billionaires.
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February 19, 2026
Pashman Stein Adds Ballard Spahr Bankruptcy Duo In Philly
Pashman Stein Walder Hayden PC announced this week two new Philadelphia-based attorneys on its bankruptcy team who came aboard from Ballard Spahr LLP, pushing the group up to 17 members.
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February 19, 2026
McElroy Deutsch Adds Ex-Del. DOJ Atty To Bankruptcy Group
McElroy Deutsch Mulvaney & Carpenter LLP has added a former Delaware Department of Justice attorney to its Wilmington office to bolster its capacity to handle business bankruptcy and insolvency matters.
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February 18, 2026
Pine Gate Can Wind Down Biz In Ch. 11 Post-Asset Sales
A Texas bankruptcy judge Wednesday approved solar energy developer Pine Gate Renewables' bid to liquidate its business in Chapter 11, after the debtor sold the bulk of its assets during its roughly three-month-long case.
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February 18, 2026
Catching Up With New Bankruptcy Case Action
A Colorado theme park that is facing a wrongful death judgment, a Florida-based flight simulator company and a Pennsylvania cookie shop chain were among the latest new debtors to seek Chapter 11 relief.
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February 18, 2026
Landlords Seek Protection In Saks' Ch. 11 Financing Plan
A group of landlords in Texas bankruptcy court objected to Saks' bid to obtain debtor-in-possession financing for its Chapter 11 plan, saying the proposed budget doesn't include millions the luxury retailer owes in rent.
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February 18, 2026
Talc Claimants Tell 2nd Circ. Revlon Must Allow Late Claims
A group of talc liability claimants on Wednesday asked the Second Circuit to find reorganized cosmetics company Revlon has to pay out for their injury claims despite those claims being filed past the deadline in the company's Chapter 11 case.
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February 18, 2026
Chinese Construction Co. CCA Exits Ch. 11
CCA Construction Inc., a subsidiary of a Chinese state-owned firm, has emerged from Chapter 11, months after a New Jersey bankruptcy judge agreed to approve its settlement with a Bahamian resort developer whose $1.6 billion win in court pushed CCA into bankruptcy.
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February 17, 2026
Legal Work For Tricolor Pro Se Filers Questioned By Judge
A Texas bankruptcy judge warned an Arizona man that he may have been improperly acting as an attorney for dozens of individuals who filed nearly identical pro se motions in the Chapter 7 case of subprime auto lender Tricolor Holdings.
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February 17, 2026
Camden Diocese Will Pay $180M More To Abuse Survivors
The Roman Catholic Diocese of Camden, New Jersey, and its insurers on Tuesday agreed to pay another $180 million into a trust for the benefit of survivors of clergy sexual abuse, reaching a deal with a tort claimant committee representing more than 300 survivors.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Expert Analysis
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Adapting To Private Practice: From DOJ Leadership To BigLaw
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.
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Law Firm Executive Orders Create A Legal Ethics Minefield
Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.
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Firms Must Embrace Alternative Billing Models Or Fall Behind
As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.
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How Attorneys Can Master The Art Of On-Camera Presence
As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.
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Baseball Fantasy Camp Makes Me A Better Lawyer
With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.
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Adapting To Private Practice: From Fed. Prosecutor To BigLaw
Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.
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Perfecting Security Interests In Renewable Energy Tax Credits
The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson.
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Firms Still Have Lateral Market Advantage, But Risks Persist
Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.
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We Must Allow Judges To Use Their Independent Judgment
As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.
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Performing Stand-Up Comedy Makes Me A Better Lawyer
Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.
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3 Del. Bankruptcy Cases Highlight US Trustee Objections
As three recent Delaware bankruptcy cases show, debtors who seek approval of a stalking horse bid protections agreement should be prepared for the U.S. Trustee Office's objections, including if the proposed classification for the bid protections is a superpriority administrative expense claim, says Kyle Arendsen at Squire Patton.
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Adapting To Private Practice: From SEC To BigLaw
As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.
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4 Ways Women Attorneys Can Build A Legal Legacy
This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.