Large Cap

  • March 27, 2026

    Ardagh Unit Gets Ch. 15 OK Despite Noteholders' Objection

    A subsidiary of sustainable metal and glass packaging company Ardagh Group has received Chapter 15 recognition in New York of its restructuring proceedings pending in Luxembourg, over an objection from payment-in-kind noteholders.

  • March 27, 2026

    2nd Circ. Tosses $16B YPF Judgment Against Argentina

    A panel of the Second Circuit Court of Appeals reversed a New York judge's $16 billion judgment against Argentina arising from its nationalization of the country's largest oil and gas exploration company, saying Friday Argentine law doesn't obligate the country to comply with YPF SA's corporate bylaws.

  • March 27, 2026

    NY Diocese, Abuse Claimants Reach $148M Ch. 11 Deal

    The Roman Catholic Diocese of Albany, New York, has agreed to pay $148 million as part of a settlement reached with a committee of sexual abuse claimants in its Chapter 11, it announced Friday.

  • March 27, 2026

    Meet The Attorneys Guiding Lycra Through Ch. 11

    Fiber manufacturer The Lycra Co. has recruited an experienced team of bankruptcy attorneys from Linklaters LLP and Haynes Boone to guide it through a prearranged Chapter 11 restructuring.

  • March 27, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy courts this week will consider objections to the retention of Jones Day in mining company Vanderbilt Minerals' Chapter 11 case, a motion by telecommunications company Ligado to postpone a $100 million payment, and approval of an equity rights offering tied to Office Properties Income Trust's Chapter 11 plan.

  • March 27, 2026

    NYC Sheds FDIC's Claim For Silicon Valley Bank Tax Refund

    A D.C. federal court said Friday it does not have the authority to order New York City to issue a tax refund sought by the Federal Deposit Insurance Corp. in its capacity as receiver of the failed Silicon Valley Bank.

  • March 27, 2026

    House Reps. Call For Ch. 11 Forum Shopping Crackdown

    Two lawmakers have proposed new legislation in the U.S. House of Representatives to set stricter rules on which jurisdictions a company may declare bankruptcy in, saying reform is needed to curtail debtors selecting favorable venues outside their home state.

  • March 27, 2026

    Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum

    Apollo, Ares, BlackRock and other major financial companies have denied Optimum Communications' claims accusing them of "bullying" Kirkland & Ellis LLP into withdrawing as the telecommunications company's transaction counsel to get revenge for a collusion lawsuit filed in New York federal court.

  • March 27, 2026

    Polsinelli Hires Practice Head From McDermott In NY

    Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."

  • March 27, 2026

    NJ Federal Judge DQs Beasley Allen In J&J Talc MDL

    A New Jersey federal judge has disqualified the Beasley Allen Law Firm from representing hundreds of plaintiffs in sprawling multidistrict litigation over Johnson & Johnson's talc-based baby powder, holding that the firm violated ethics rules by collaborating with former outside counsel for J&J, a ruling the law firm has vowed to appeal.

  • March 27, 2026

    Eddie Bauer Stores Lift Unsecured Creditor Pot To $3M

    A company operating Eddie Bauer retail stores said Friday it will increase funding for unsecured creditors in its Chapter 11 plan from $250,000 to up to $3 million after securing a deal with its lenders and creditors on how to distribute proceeds from the debtor's going-out-of-business sales.

  • March 27, 2026

    Multi-Color Gets OK For Halved DIP And Rollup

    Label-maker Multi-Color Corp. got approval Friday for half of the $125 million in Chapter 11 financing it was seeking after a New Jersey bankruptcy judge signed off on a proposal that also cut the rollup of prepetition debt in half.

  • March 27, 2026

    Simpson Thacher Adds 2 Ex-Kirkland Restructuring Partners

    Two former Kirkland & Ellis LLP restructuring attorneys have joined Simpson Thacher & Bartlett LLP as partners in the capital structure solutions practice.

  • March 26, 2026

    Meet The Attys For FAT Brands' Official Creditors Committee

    A team of seasoned Paul Hastings LLP professionals is representing the official committee of unsecured creditors of restaurant franchisor FAT Brands Inc. in Texas bankruptcy court.

  • March 26, 2026

    Multi-Color's DIP Loan Up In The Air As Judge Balks At Rollup

    A New Jersey bankruptcy judge on Thursday said he wasn't ready to give final approval to a debt rollup proposed in Multi-Color Corp.'s Chapter 11 case, throwing into question one of the postpetition financing backers' willingness to fund the debtor's operations.

  • March 26, 2026

    Senators File Amicus In Bestwall High Court Appeal

    Three U.S. senators are backing the asbestos claimants of Bestwall in their bid to take their challenge of the Georgia-Pacific spinoff's so-called Texas two-step bankruptcy to the U.S. Supreme Court, saying the high court must close a loophole the Fourth Circuit has created that allows nonbankrupt corporations to avoid tort liability.

  • March 26, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Investment firm Jump Trading and its co-founder moved for dismissal of a lawsuit from the administrator for bankrupt cryptocurrency company Terraform Labs. A New Mexico industrial building owner is appealing a New York bankruptcy judge's approval of a disclosure statement from a secured creditor. And the new owner of fundraising technology company Flipcause sought to reassure nonprofits that it would run the platform differently than its previous operator.

  • March 26, 2026

    VC Apple Tree Seeks At Least $300M To Exit Ch. 11

    Apple Tree Life Sciences, a biotechnology investor that filed for bankruptcy in December in a protracted feud with a Russian billionaire, asked a Delaware court on Wednesday to let it solicit bids for at least $300 million of exit financing.

  • March 26, 2026

    Core Scientific Can't Move Crypto Patent Case Across Texas

    A judge in the Eastern District of Texas denied a bid by cryptocurrency mining company Core Scientific Inc. to move a case accusing it of infringing cryptography patents to the Western District of Texas, saying Core had not shown that it was clearly a more convenient venue.

  • March 26, 2026

    Bonds Ellis Adds Michael Best Bankruptcy Litigator In Texas

    Bonds Ellis Eppich Schafer Jones LLP has added a former Michael Best & Friedrich LLP attorney with deep experience in bankruptcy, restructuring and complex civil litigation as a partner in Fort Worth.

  • March 25, 2026

    Genesis Fights DCG Bid To Escape $1.1B Note Liability

    Crypto lender Genesis told a New York bankruptcy judge that its parent company, crypto conglomerate Digital Currency Group Inc., should not be able to argue that it has no further obligations under a $1.1 billion promissory note meant to "backstop" its bankrupt subsidiary.

  • March 25, 2026

    Serta Lenders End Trial Over 'Uptier' Ahead Of Summer Ruling

    Lenders to Serta Simmons Bedding presented closing arguments in Texas bankruptcy court Wednesday in a trial over damages that investors excluded from the mattress maker's 2020 "uptier" deal say they should be awarded, an issue which the presiding judge expects to decide on in the next few months.

  • March 25, 2026

    Ice Miller Grows In Delaware With 5-Atty Bankruptcy Team

    Ice Miller LLP announced Wednesday that it hired a five-attorney bankruptcy and restructuring team from Potter Anderson & Corroon LLP to help expand its recently opened office in Wilmington, Delaware.

  • March 25, 2026

    Ashurst Adds 4 Ex-Bracewell Partners To Finance Practice

    Ashurst LLP has announced the addition of a four-partner team in New York to expand its finance and restructuring capacities ahead of a proposed merger with Perkins Coie LLP.

  • March 25, 2026

    Bankruptcy Financing Becomes New Front For Lender Battles

    Lender-on-lender brawling that normally occurs out of court is increasingly unfolding in the Chapter 11 financing arena, forcing bankruptcy judges to reckon with in-court deals that use aggressive liability management tactics to promote certain investors over others.

Expert Analysis

  • Administrative Disaster At Bankruptcy Courts May Be In Sight

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    If, as a result of voluntary resignations or terminations, the professional staff of the U.S. Trustee's Office is depleted, it will undoubtedly cause a slowdown in the administrative process for the significant majority of bankruptcy cases, says Charles Tatelbaum at Tripp Scott.

  • An Unrestrained, Bright-Eyed View Of Legal AI's Future

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    Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.

  • Tracking The Evolution In Litigation Finance

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    Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

  • Law School's Missed Lessons: Preparing For Corporate Work

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    Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.

  • A Cold War-Era History Lesson On Due Process

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    The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.

  • Improv Makes Me A Better Lawyer

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    Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup.

  • How BigLaw Executive Orders May Affect Smaller Firms

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    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

  • Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

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    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • How To Accelerate Your Post-Attorney Career Transition

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    Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.

  • Law School's Missed Lessons: Be An Indispensable Associate

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    While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.

  • 23andMe Case Highlights Privacy Complexities In Ch. 11

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    Attorneys at Pryor Cashman discuss the interplay between a sale of personally identifiable information and bankruptcy law in light of genetics and health company 23andMe's recent filing for Chapter 11 relief.

  • Birding Makes Me A Better Lawyer

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    Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.

  • Adapting To Private Practice: From DOJ Leadership To BigLaw

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    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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