Large Cap

  • March 24, 2026

    Genesis Gets OK For $7.3M Employee Bonus Plan

    A Texas bankruptcy judge Tuesday gave Genesis Healthcare permission to pay up to $7.3 million in bonuses to executives and other employees, agreeing with the nursing home chain that the workers are needed to keep the business running until its Chapter 11 sale closes.

  • March 24, 2026

    Beasley Allen Says NJ Justices Review Of Talc DQ 'Essential'

    Beasley Allen urged the New Jersey Supreme Court to hear its appeal of a lower court's decision to disqualify it from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, arguing that the court's immediate review of the interlocutory order is "essential."

  • March 24, 2026

    First Brands Seeks To Close Brakes, Spark Plug Businesses

    First Brands has asked a Texas bankruptcy judge to let the auto parts supplier wind down some of its remaining businesses, including several brake components brands and its Autolite spark plug unit.

  • March 23, 2026

    Bankman-Fried Must Reveal Any Legal Help In Pro Se Motion

    A federal judge in Manhattan on Monday ordered incarcerated FTX founder Sam Bankman-Fried to reveal how much, if any, attorney help he had in drafting his motion for a new trial, saying criminal defendants don't have the right to both represent themselves and be represented by counsel.

  • March 23, 2026

    Genesis Negligence Claimants Challenge $6.5M Bonus Plan

    A group with negligence claims against Genesis Healthcare objected to approval of a revised bonus compensation plan for the skilled nursing operator's employees and executives, saying the $6.5 million request isn't warranted because the debtor has continued to neglect its residents.

  • March 23, 2026

    Ch. 11 Venue Shopping Still A Thorn In LoPucki's Side

    Lynn LoPucki, a professor at the University of Florida's Levin College of Law, is back. The long-time bankruptcy gadfly stopped work on his public Bankruptcy Research Database of large corporate Chapter 11s in 2022. In the intervening years, his appearances in the pages of the mainstream business press, where he had regularly denounced forum shopping, waned.

  • March 23, 2026

    J&J Amici Seek Clarity On Goldman Precedent For Class Cert.

    Four groups of amici have urged the U.S. Supreme Court to take up Johnson & Johnson's challenge to a Third Circuit decision allowing a securities class action over its talc products to proceed, warning the ruling could reshape how shareholder suits are litigated nationwide.

  • March 23, 2026

    Canadian Gas Co. Reaches Ch. 15 Deal To Cure DIP Defaults

    Canadian natural gas exploration company Canacol Energy Ltd. asked a New York bankruptcy court to recognize an updated bankruptcy loan from courts north of the border, saying the new financing arrangement cures existing defaults and will allow a sale and investment process to move forward.

  • March 23, 2026

    Multi-Color Stays In NJ; Jackson Walker Can Do Fee Deals

    Label maker Multi-Color's Chapter 11 case will stay in New Jersey, Spandex maker Lycra hit Chapter 11 in Texas, and Jackson Walker can pay clients demanding refunds over a relationship between a former firm attorney and a bankruptcy judge. This is the week in bankruptcy.

  • March 23, 2026

    Ex-Tricolor CEO, Trustee Ink Stipulation For Beverly Hills Sale

    A Texas bankruptcy judge approved a stipulation allowing for the $2.45 million sale of the Beverly Hills home of the former CEO of subprime auto lender Tricolor Holdings, even as the founder and the debtor's Chapter 7 trustee remain at odds about where the proceeds should go.

  • March 20, 2026

    Inspired Healthcare Can Tap $40M DIP, Hold Ch. 11 Auction

    Senior living facility investor and operator Inspired Healthcare Capital can access a new $40 million debtor-in-possession loan and hold a June auction for its assets after it resolved a host of objections to motions approved by a Texas bankruptcy judge Friday.

  • March 20, 2026

    Firms Must Face Discovery In $102M Award Feud

    A New York federal judge on Friday permitted Levona Holdings to closely scrutinize declarations provided by attorneys with Greenberg Traurig LLP and Reed Smith LLP as it pursues sanctions against the firms following the court's vacatur of a $102 million arbitral award procured through fraud.

  • March 20, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Delaware bankruptcy judge will consider US Magnesium's bid for postpetition financing, Genesis Healthcare will go before a Texas judge seeking the all-clear to institute an executive bonus scheme, and another Texas judge will weigh a move to reopen satellite company Speedcast International Ltd.'s Chapter 11.

  • March 20, 2026

    Texas Says NY Bankruptcy Court Erred By Ruling On GM Suit

    The Texas Office of the Attorney General told a New York federal court that a bankruptcy court should have sat out a case the state brought against General Motors LLC over deceptive trade practice allegations because it dealt purely with enforcement of state regulatory laws and didn't implicate the company's 2011 purchase of the carmaker's assets out of Chapter 11.

  • March 20, 2026

    Rising Defaults, Withdrawal Requests Test Private Credit

    With the hike in private credit defaults last year, the surge in private credit fund withdrawal requests in recent weeks, and the more than 50% drop in shares of some private credit firms like Blue Owl Capital, new questions are being raised about the viability of these funds. 

  • March 20, 2026

    Beasley Allen Can't Halt DQ Ruling In J&J Talc Litigation

    A New Jersey state appeals court has refused to pause its decision disqualifying the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, according to a court order.

  • March 20, 2026

    MFS Faces FCA Probe After Collapse With £1B Debts

    The City watchdog said Friday that it has launched an enforcement investigation into Market Financial Solutions Ltd., a U.K. provider of property loans that collapsed in February with debts of more than £1 billion ($1.3 billion).  

  • March 20, 2026

    Ex-McGlinchey Attys Reflect On 'Special' Culture After Closure

    McGlinchey Stafford PLLC shut down earlier this year after more than five decades, but its strong culture left many of the more than 100 former firm attorneys wanting to stick together even after the New Orleans-based firm closed its doors.

  • March 19, 2026

    Fat Brands' CEO To Take Leave Under Ch. 11 Financing Deal

    A Texas bankruptcy judge agreed Thursday to give interim approval to a $184 million debtor-in-possession loan in Fat Brands' Chapter 11 case, and also approved a connected stipulation that temporarily removes the restaurant group's CEO.

  • March 19, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A Delaware bankruptcy judge quashed a request to make a consultant hired by Christmas Tree Shops LLC pay liabilities for short-notice layoffs, eye treatment developer Clearside Biomedical asked the same judge to approve a claim settlement and the U.S. Trustee balked at Genesis Healthcare's proposed executive bonuses.

  • March 19, 2026

    3rd Circuit Seeking 2 NJ Bankruptcy Court Judges

    The Third Circuit is looking to fill two vacancies on New Jersey's bankruptcy court, which has emerged as a popular complex Chapter 11 venue, the appeals court announced Thursday.

  • March 19, 2026

    Jackson Walker, US Trustee Reach Deal On Fee Settlements

    The Office of the U.S. Trustee and law firm Jackson Walker LLP on Wednesday resolved the bankruptcy watchdog's opposition to a series of settlements tied to a romantic relationship between a former Jackson Walker attorney and a now-retired bankruptcy judge.

  • March 19, 2026

    Snapshot: Patent Filings Soar, Bankruptcy Cases Drop In Del.

    Patent filings in Delaware federal district court were up by roughly 30% in 2025, while the federal bankruptcy court in Wilmington saw a decrease in overall filings for the year that included a major dip in Chapter 11 cases.

  • March 19, 2026

    Akerman Lands Bankruptcy Pro In Delaware From Saul Ewing

    Akerman LLP has added a partner in Delaware who previously was at Saul Ewing LLP for more than 15 years to bolster its bankruptcy and reorganization practice group.

  • March 18, 2026

    Did Multi-Color's Ch. 11 Set Venue Bar Too Low?

    A decision earlier this week by a New Jersey bankruptcy judge to keep label maker Multi-Color Corp.'s Chapter 11 case in his court has some experts expressing concern the bar is being set too low in establishing venue for bankruptcy cases.

Expert Analysis

  • 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.

  • Lessons From Two New Year's Eve Uptier Exchange Decisions

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    On the last day of 2024, two different courts issued important decisions relating to non-pro rata uptier exchanges — and while they differ, both rulings highlight that transactions effected in reliance on undefined terms in debt agreements come with increased risk, say attorneys at Simpson Thacher.

  • Playing Rugby Makes Me A Better Lawyer

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    My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.

  • No, Litigation Funders Are Not 'Fleeing' The District Of Del.

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    A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.

  • 5 E-Discovery Predictions For 2025 And Beyond

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    In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.

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