Large Cap

  • March 18, 2026

    Ligado Asks Judge To Pause $100M Payment To Inmarsat

    A telecom company has asked a Delaware bankruptcy judge to let it delay a $100 million payment owed to satellite operator Inmarsat, arguing that Inmarsat's alleged breach of a key settlement agreement undermined the value of the deal and caused potentially significant harm.

  • March 18, 2026

    Fox Rothschild Adds Perkins Coie Bankruptcy Ace In Dallas

    Fox Rothschild LLP has bolstered its ability to help clients facing major financial challenges with the addition of a Dallas-based partner who brings more than four decades of experience in bankruptcy and restructuring matters.

  • March 18, 2026

    MFS Owner Hit With Asset Freeze After Mortgage Biz Collapse

    The owner of failed U.K. mortgage provider Market Financial Solutions has been hit with a worldwide freezing order, administrators said Wednesday in the wake of fraud allegations following its collapse in February with debts in excess of £1 billion ($1.3 billion).

  • March 18, 2026

    First Brands Heads Back To Mediation Over Ch. 11 Resolution

    A Texas bankruptcy judge Wednesday allowed car parts maker First Brands to head back to mediation over a Chapter 11 case resolution, but cautioned he might not grant more extensions in the future.

  • March 18, 2026

    Conn. Justices Won't Hear Ex-Alex Jones Atty's Ethics Case

    The Connecticut Supreme Court will not hear a challenge to the two-week suspension of Alex Jones' former lawyer, leaving intact an intermediate Appellate Court decision affirming the pared-down punishment surrounding his law firm's handling of Sandy Hook Elementary School massacre victims' personal information.

  • March 17, 2026

    Deals In Jackson Walker-Judge Affair A 'Dilemma,' Judge Says

    A Texas federal judge ordered three of Jackson Walker LLP's former bankruptcy clients Tuesday to explain by next month what would happen to money from potential vacaturs or sanctions against the law firm if the estates close after their contested deals get approved.

  • March 17, 2026

    GWG Holdings Gets New Bankruptcy Judge After Romance Scandal

    The chief bankruptcy judge in the Southern District of Texas has been tapped to oversee the Chapter 11 case of defunct financial services firm GWG Holdings months after the case's previous judge was removed in light of his professional relationship with former U.S. Bankruptcy Judge David R. Jones, who resigned amid an ethics scandal.

  • March 17, 2026

    'No Disrespect' But Law Prof Mom Not SBF's Atty, Judge Says

    A federal judge in Manhattan cautioned retired Stanford Law School professor Barbara Fried, the mother of convicted FTX founder Sam Bankman-Fried, that she cannot make filings on behalf of her son in his bid for a new trial, saying she has not filed an appearance with the court.

  • March 17, 2026

    Kasowitz Beats Teamster Challenge To Fees In Yellow Ch. 11

    A Delaware bankruptcy judge on Tuesday gave Yellow Corp. permission to pay Kasowitz LLP more than $12 million for its work on litigation blaming the Teamsters for the trucking company's bankruptcy over the objections of the union itself.

  • March 17, 2026

    Nuclear Power Cos. Seek To Duck Wage-Fixing Class Action

    Nuclear energy producers including Constellation Energy, DTE Energy, Duke Energy and NextEra Energy have urged the Maryland federal court to toss a proposed class action alleging they conspired to fix wages in a scheme that workers say spanned "100% of the nuclear power generation labor market."

  • March 17, 2026

    Catching Up With New Bankruptcy Case Action

    Crypto company BlockFills hit Chapter 11 after a sell-off, the developer of a Bronx housing project filed for bankruptcy to stop a foreclosure sale and a nonprofit live performance venue in Philadelphia initiated a Chapter 11 over tax woes.

  • March 17, 2026

    Spandex Maker Lycra Files Ch. 11 To Slash $1.2B Debt

    A Texas bankruptcy judge Tuesday agreed to give interim approval for fiber manufacturer The Lycra Company LLC to tap into $50 million of its $75 million in debtor-in-possession financing as the company moves toward a quick debt restructuring.

  • March 16, 2026

    Trump Admin Wants Student Loan Forgiveness Suits Tossed

    The Trump administration on Monday asked a Massachusetts federal judge to toss a pair of lawsuits challenging a change to eligibility requirements for student loan forgiveness, calling the potential repercussions from the new rule "speculative."

  • March 16, 2026

    Multi-Color Gets To Keep Case In NJ Due To 'Loophole'

    A New Jersey bankruptcy judge on Monday denied motions that sought to transfer the Chapter 11 case of label-maker Multi-Color Corp. to another court, saying a "loophole" in the venue statute created by Congress permitted the filing even though it didn't "sit right" with the judge.

  • March 16, 2026

    Lannett Investors Seek Final OK Of $5.8M Price-Fix Probe Suit

    Former executives of pharmaceutical company Lannett Inc. and a class of investors have asked a Pennsylvania federal court to grant final approval to their $5.8 million deal to end claims the company and its leadership misled about Lannett's links to allegations of industrywide price-fixing in the market for generic drugs.

  • March 16, 2026

    Spirit's New Ch. 11 Plan Cuts $5B Debt, Aims For June Takeoff

    Bankrupt air carrier Spirit Airlines has reached a deal with its debtor-in-possession lenders and proposed a Chapter 11 plan to slash over $5 billion in debt and liabilities, saying it's aiming to confirm the plan by mid-June.

  • March 16, 2026

    Firms Fight Discovery In Sanctions Bid Following Eletson Row

    Greenberg Traurig LLP and Reed Smith LLP have each urged a New York federal court to deny discovery requests by Levona Holdings as the company pursues sanctions against the firms following the court's vacatur of a $102 million arbitral award found to have been the product of fraud, calling the requests "intrusive" and "improper."

  • March 16, 2026

    Saks Creditors OK $300M In Additional Ch. 11 Funds

    Luxury retailer Saks Global announced Monday its senior secured bondholders approved its bid to access another $300 million in financing for its Chapter 11 case after seeing the company's postbankruptcy business plan.

  • March 16, 2026

    Judges OK Eletson Arrests, $533M Spirit Base Bid

    A New York bankruptcy judge approved arrests in Eletson Holdings' Chapter 11 case, another said Spirit Airlines can auction 20 aircraft with a $533 million stalking horse bid, and a judge in California ordered parties to go forward with competing plans in the Oakland diocese's insolvency proceeding.

  • March 16, 2026

    Eddie Bauer Stores Get OK For Creditor Vote On Ch. 11 Plan

    A New Jersey bankruptcy judge Monday gave the operator of Eddie Bauer's retail outlets permission to send its Chapter 11 plan out for a creditor vote after unsecured creditors dropped their opposition.

  • March 16, 2026

    Wind Co. TPI's Asset Deals OK'd, Resolving DIP Default

    A Texas bankruptcy judge on Monday approved two sales of the assets of wind turbine blade maker TPI Composites Inc., resolving a default from its debtor-in-possession lender as it moves toward approval of a Chapter 11 plan disclosure statement and confirmation.

  • March 13, 2026

    PE Firm Seeks To Block Calif. Suit Over $17.5M Deal

    A private equity investment firm has asked the Delaware Chancery Court to block two former sellers of behavioral health facilities from pursuing a parallel lawsuit in California, arguing that the claims violate contractual provisions requiring any related disputes to be litigated in Delaware.

  • March 13, 2026

    Ethanol Giant Raizen Seeks US Nod For $12B Brazil Reorg

    Raizen SA, the largest producer of ethanol in Brazil, and several affiliates filed for Chapter 15 recognition in New York on Thursday with 65.1 billion reais, or about $12 billion, of debt, after striking a preliminary restructuring agreement with some creditors that seeks to halt a downward liquidity spiral.

  • March 13, 2026

    Arrest Warrants Approved For Ex-Eletson Officials In Ch. 11

    A New York bankruptcy judge approved arrest warrants for a group of former shareholders of reorganized debtor Eletson Holdings Inc. who were directors of an entity purporting to control the company post-bankruptcy, saying they should be incarcerated until they give depositions ordered by the court.

  • March 13, 2026

    FAT Brands Files Ch. 11 Sale Procedures As Talks Continue

    Bankrupt restaurant chain owner FAT Brands filed proposed sale and bidding procedures calling for a sale of its assets to close by early May, while saying it is working with its creditor groups on the final form of the procedures and on securing Chapter 11 financing.

Expert Analysis

  • 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.

  • 7 Ways 2nd Trump Administration May Affect Partner Hiring

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    President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.

  • 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.

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