Large Cap

  • January 09, 2026

    Meet The Restructuring Officer In Lidar Co. Luminar's Ch. 11

    As Luminar, a developer of lidar technology used in autonomous vehicles, was facing bankruptcy, it turned to a managing director at Portage Point Partners with experience in restructuring, risk management and financing consultation to guide its recovery.

  • January 09, 2026

    First Brands Sues Ex-CEO's Brother, Lender For $2.9B Fraud

    First Brands sued former board member Edward James and Utah-based company Onset Financial Inc. in Texas bankruptcy court Friday, alleging he operated as Onset's "secret partner" to rig contracts between First Brands and Onset that let them reap triple-digit returns and $2.9 billion in cash.

  • January 09, 2026

    Biz Owner's RICO Suit Says 5 Calif. Attys Helped Loot IT Co.

    A business owner has filed a lawsuit accusing five attorneys from five different small California law firms of conspiring with his ex-business partner to steal assets from a company the two had jointly owned.

  • January 09, 2026

    Sanchez Energy Lenders Float Deal To End Ch. 11 Lien Fight

    The owners of the reorganized equity in oil driller Sanchez Energy proposed a deal Friday in Texas bankruptcy court that will end lien-related litigation with unsecured creditors by paying $8.5 million of legal fees incurred by representatives for those creditors in the fight over rights to equity recoveries in the Chapter 11 case.

  • January 09, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Stoli will provide an update on its Chapter 11 reorganization more than three months after a Texas bankruptcy judge rejected its proposed plan. Education tech firm Conscious is seeking approval of its disclosure statement and Chapter 11 plan. Solar developer Pine Gate is seeking court approval to sell certain assets, while e-commerce retailer Food52 is asking the court to approve its bid procedures.

  • January 08, 2026

    Venezuela Says Citgo Auction Marred By Conflicts

    Venezuela pressed the Third Circuit Thursday to overturn an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of the country's debt, arguing that the underlying attachment orders are void and that the proceeding was marred by "obvious" conflicts of interest.

  • January 08, 2026

    IP Fight Stalls Final DIP Approval In Nicklaus Cos. Ch. 11

    A dispute over ownership of critical intellectual property assets delayed a Delaware bankruptcy judge's consideration of final approval for a $17 million postpetition loan Thursday in the Chapter 11 case of sports gear and golf course design company GBI Services, as the lenders want liens on the property.

  • January 08, 2026

    Wolfspeed Securities Class Action Sent To NC Federal Court

    A securities class action case against chipmaker Wolfspeed Inc. was transferred to North Carolina federal court Wednesday following a New York judge's order directing the movement of the consolidated investor suits over alleged misrepresentations about the company's financial projections.

  • January 08, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Firstbase.io and a creditor fought over a law firm's bid for $1.6 million in fees, a New York judge gave a debtor access to a $500,000 postpetition financing package from an insider lender, and another approved a settlement between Bernie Madoff's trustee and Koch Industries.

  • January 08, 2026

    Lower Construction Demand Sent Porta Potty Giant To Ch. 11

    Weaker demand in the construction market over the past several years combined with inflation and heightened competition led United Site Services Inc., the parent company of porta-potty provider Johnny On The Spot, to file for bankruptcy.

  • January 08, 2026

    Ice Miller Names Deputy Managing Partner Duo, New Partners

    Following the official appointment of new chief managing partner Joshua Christie, Ice Miller LLP announced that it has named two attorneys as deputy managing partners and has elevated six attorneys to partner.

  • January 08, 2026

    Azul SA To Canvas Market For $1.2B In Ch. 11 Exit Funding

    Brazilian airline Azul SA secured a New York bankruptcy judge's approval Thursday to hire investment banks to help search for alternatives to $1.2 billion in exit financing offered by its Chapter 11 lenders, about one month after the judge confirmed Azul's bankruptcy plan.

  • January 07, 2026

    Tricolor Ex-CEO Must Take Questions At Creditor Meeting

    A Texas bankruptcy judge on Wednesday said the former chief executive of bankrupt subprime car loan lender Tricolor Holdings will have to appear at a creditor meeting despite his argument that he won't be able to answer questions without incriminating himself in his fraud trial.

  • January 07, 2026

    First Brands' Ex-Execs Can Tap Only Some D&O Coverage

    A Texas bankruptcy judge Wednesday allowed former First Brands executives to access about half of the company's directors and officers insurance to help pay for their legal fees as they face misconduct claims, ruling that the remainder of the proceeds are property of the car parts maker's bankruptcy estate.

  • January 07, 2026

    Incora Minority Noteholders To Appeal 'Uptier' Loss

    Minority noteholders that lost collateral rights in a 2022 financing deal at aircraft parts supplier Incora will appeal a decision by a Texas federal judge that had upheld the debt exchange, according to a notice filed Tuesday.

  • January 07, 2026

    Azul Judge Says Releases Proper In Ch. 11 Opinion

    The New York judge who confirmed the Chapter 11 plan of Brazilian airline Azul SA last month issued an opinion Tuesday explaining his decision to overrule objections lodged by the U.S. Trustee's Office, saying the releases and exculpation provisions of the plan and the payment of indenture trustee expenses were all proper under the Bankruptcy Code and relevant case law.

  • January 07, 2026

    Genesis Cleared For New Ch. 11 Auction And Stalking Horse

    Nursing home operator Genesis Healthcare may hold a new Chapter 11 auction with a fresh stalking horse offer worth nearly $1 billion, a Texas bankruptcy judge ruled Wednesday, a month after she nixed the results of its previous auction.

  • January 07, 2026

    Ellenoff Grossman Grows With NY Litigation Firm Tie-Up

    Ellenoff Grossman & Schole LLP has combined with trial law firm Kaplan Rice LLP in New York, bringing on eight attorneys, doubling the size of its trial and litigation practice group, and giving the group new leaders, according to a Wednesday announcement.

  • January 06, 2026

    6 Key Rulings From Outgoing Del. Justice Karen L. Valihura

    Soon-to-be-retiring Delaware Supreme Court Justice Karen L. Valihura carved her name deeply into First State corporate law jurisprudence over her dozen years on the bench, at a time of surging caseloads and intensifying political scrutiny of the business court where many of the country's largest corporate battles are waged.

  • January 06, 2026

    NJ Judge Signals Green Light To Revive J&J Unit's Libel Suit

    A New Jersey federal judge has indicated she is planning to grant a bankrupt Johnson & Johnson talc subsidiary's bid to revive its trade libel claim over a scientific article linking asbestos in talc to mesothelioma.

  • January 06, 2026

    Debtor MMA Law Seeks To Nix La. Court's Fee Claim Order

    Mass tort litigation firm MMA Law asked a Texas bankruptcy judge late Monday to invalidate a ruling from a Louisiana federal court, saying the Chapter 11 automatic stay protects MMA's assets, including the claims for unpaid legal fees the firm earned before dropping out of hurricane insurance suits in the Louisiana court.

  • January 06, 2026

    Genesis Healthcare Selects New Bidder For Ch. 11 Sale

    Bankrupt nursing home company Genesis Healthcare Inc. on Tuesday announced Genie 3 Partners LLC as its new stalking horse bidder for the upcoming second auction of all its assets, following a Texas bankruptcy judge's rejection last month of the previous sale bid.

  • January 06, 2026

    Meet The Attys For Porta Potty Parent In Ch. 11

    United Site Services Inc., the parent of porta-potty provider Johnny On The Spot, has brought together attorneys from Cole Schotz PC and Milbank LLP to see it through its prepackaged Chapter 11 case.

  • January 05, 2026

    PrimaLend To Seek OK For Ch. 11 Bidding In Market Test

    PrimaLend Capital Partners LP plans to ask a Texas court Tuesday to let it sell its assets in an effort to maximize the value of its loan portfolios to car dealerships that cater to low-income customers, after sale efforts failed before it filed for bankruptcy in October.

  • January 05, 2026

    PG&E Inks $100M Deal To Settle Investors' Wildfire Suit

    California utility Pacific Gas & Electric Co., its brass and its underwriters have reached a $100 million deal ending investor claims over allegedly misleading statements about the company's safety practices ahead of deadly wildfires in the past decade.

Expert Analysis

  • E-Discovery Quarterly: Rulings On Custodian Selection

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    Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.

  • Exercising On My Peloton Bike Makes Me A Better Lawyer

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    While I originally came to the Peloton bike for exercise, one cycling instructor’s teachings have come to serve as a road map for practicing law thoughtfully and mindfully, which has opened opportunities for growth and change in my career, says Andrea Kirshenbaum at Littler.

  • 3 Factors Affecting Retail M&A Deals In 2025

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    Retailers considering mergers and acquisitions this year face an evolving antitrust environment, including a new administration under President-elect Donald Trump, revised merger guidelines and a precedent set last year by a canceled $8.5 billion handbag merger, say attorneys at DLA Piper.

  • Exploring Venue Strategy For Trump-Era Regulatory Litigation

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    Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.

  • Consultants Should Be Aware Of DOJ's Potential New Reach

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    The U.S. Department of Justice's recent first-of-its-kind settlement with McKinsey & Co. indicates not only the DOJ's more aggressive stance toward businesses' potential criminal wrongdoings, but also the benefits of self-disclosure and cooperation when wrongdoing becomes apparent, says Dom Caamano at Kibler Fowler.

  • Playing Esports Makes Me A Better Lawyer

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    Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.

  • An Associate's Guide To Career Development In 2025

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    As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.

  • Making The Pitch To Grow Your Company's Legal Team

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    In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.

  • Justices May Find Gov't Can Keep Fraudulent Transfer Benefit

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    Based on the justices' questions at the recently argued U.S. v. Miller, the Supreme Court appears prepared to hold that the U.S. — unlike any other creditor — is permitted to retain the benefits of a fraudulent transfer to the detriment of other bankruptcy creditors, says Kevin Morse at Clark Hill.

  • When US Privilege Law Applies To Docs Made Outside The US

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    As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in mind, say attorneys at Hunton.

  • What 2024 Trends In Marketing, Comms Hiring Mean For 2025

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    The state of hiring in legal industry marketing, business development and communications over the past 12 months was marked by a number of trends — from changes in the C-suite to lateral move challenges — providing clues for what’s to come in the year ahead, says Ben Curle at Ambition.

  • How The Onion Could Still Buy InfoWars

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    While a Texas bankruptcy judge nixed the sale of InfoWars to The Onion on Tuesday, a slight tweak to the novel mechanism proposed could make the sale approvable, says Christopher Hampson at the University of Florida.

  • Group Running Makes Me A Better Lawyer

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    The combination of physical fitness and community connection derived from running with a group of business leaders has, among other things, helped me to stay grounded, improve my communication skills, and develop a deeper empathy for clients and colleagues, says Jessica Shpall Rosen at Greenwald Doherty.

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