Large Cap

  • April 13, 2026

    Lowenstein Sandler Lands 4-Atty Polsinelli Bankruptcy Team

    Lowenstein Sandler LLP expanded its newly launched Wilmington, Delaware, office this week with the addition of a four-attorney bankruptcy team from Polsinelli PC, including the former co-chair of Polsinelli's bankruptcy practice.

  • April 13, 2026

    Saks Nears Lease Settlement, ABI Says Bankruptcies Up

    Saks and mall owner Simon Property said they are closing in on an agreement resolving a dispute over leases, recycler Aleon Metals received plan approval and the American Bankruptcy Institute reported a first-quarter bump in bankruptcy filings.

  • April 13, 2026

    Chinese Developer Kaisa Files $15.7B Ch. 15 Recognition Bid

    Chinese property developer Kaisa Group is asking a New York bankruptcy judge to extend U.S. recognition to a restructuring of its $15.7 billion in debt that it underwent last year after being hit with Chinese and U.S. lawsuits over missed payments.

  • April 10, 2026

    Big Banks Say They Were Victims Of Tricolor Fraud Scheme

    JPMorgan, Barclays and Fifth Third have urged a New York federal judge to toss an investor suit claiming the banks ignored flaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings, arguing that they were also victims of the fraud and not aware of the scheme despite being sophisticated financial institutions.

  • April 10, 2026

    Real Estate Recap: Q1 Dealmakers, Tariff Creep In Contracts

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the law firms that led real estate and hospitality deals in the first quarter, and examples of how tariffs are showing up in real estate contracts one year on.

  • April 10, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Label-maker Multi-Color and film producer Village Roadshow will seek court approval for their respective Chapter 11 plans. Spirit Airlines is hoping to send the reorganization plan for its second bankruptcy off for a creditor vote. And creditors to Brazilian telecommunications group Oi SA will argue that a planned equity sale violates an earlier Chapter 15 order.

  • April 10, 2026

    How Label Co. Multi-Color's Ch. 11 Got Mired In Conflict

    Multi-Color Corp. is barreling toward a confirmation hearing Monday in New Jersey amid a slew of disputes in its fast-tracked Chapter 11 case, potentially threatening the success of the label-maker's $3.9 billion debt reduction plan, experts told Law360. 

  • April 10, 2026

    Saks, Simon Say They're Close To Deal In Ch. 11 Lease Spat

    Saks Global and mall operator Simon Property Group informed a Texas bankruptcy court Friday they are working toward a settlement to resolve outstanding issues across the luxury retailer's lease portfolio with Simon.

  • April 10, 2026

    Purdue Pharma To Be Sentenced For 2020 Guilty Plea

    More than five years after pleading guilty to conspiring to defraud the U.S. government, Purdue Pharma will be sentenced this month, according to a notice filed in the bankruptcy case of the OxyContin maker.

  • April 10, 2026

    NJ Justices Won't Review Beasley Allen's DQ From Talc Cases

    The New Jersey Supreme Court has declined to review a lower court's order booting the Beasley Allen Law Firm from multicounty litigation in the Garden State over Johnson & Johnson's talcum powder, according to an order made public Friday.

  • April 10, 2026

    AmEx, Ex-Kabbage Directors Want Out Of Clawback Suit

    American Express and a group of former directors and shareholders of bankrupt financial services provider Kabbage are asking a Delaware bankruptcy judge to let them duck a lawsuit over a $730 million merger, saying they had no indications anything was wrong with the deal.

  • April 10, 2026

    First Brands Can Sell Windshield Wiper, Filter IP In Ch. 11

    A Texas bankruptcy judge Friday granted auto parts maker First Brands' request for permission to speedily sell several of its filter and windshield wiper brands for $25 million after an alternative bid failed to materialize.

  • April 09, 2026

    Irish Mallinckrodt Unit Stuck In Drug Price-Fixing Suit

    An Irish entity of drugmaker Mallinckrodt waited too long to seek dismissal of a price-fixing lawsuit brought by states based on a lack of personal jurisdiction or proper service, a Connecticut federal judge has ruled, finding that the company first raised that argument more than five years after the complaint was filed.

  • April 09, 2026

    SEC Says FTX Auditor Didn't Understand Crypto Markets

    A Prager Metis equity partner who led the firm's audits of defunct crypto asset trading platform FTX has been barred, for now, from appearing or practicing before the U.S. Securities and Exchange Commission in connection with the regulator's claims he mishandled the FTX financial reviews and improperly blessed its financial statements.

  • April 09, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The trustee in Bernie Madoff's bankruptcy unveiled a deal to end longtime litigation with a United Arab Emirates sovereign wealth fund. A bitcoin owner alleged scammers used confidential creditor information stolen from a bankruptcy claims agent to target him. And creditors objected to a resort developer's proposal to split land sale proceeds.

  • April 09, 2026

    McKinsey Settles Liability For $125M In Purdue Ch. 11

    Consulting firm McKinsey & Co. has agreed to pay $125 million to former client Purdue Pharma LP to settle potential claims related to its work advising Purdue on the sale and marketing of opioids, tying up another loose end in the nearly seven-year-old Chapter 11 case.

  • April 09, 2026

    Multi-Color Creditors Seek To Delay Confirmation Hearing

    A creditor group in Multi-Color Corp.'s Chapter 11 case has urged a New Jersey bankruptcy judge to delay the label-maker's confirmation hearing by at least a month, saying the debtor has run a "sham" sale process designed to let Multi-Color's private equity sponsor retain ownership of the company.

  • April 09, 2026

    Judge Converts 4 First Brands Ch. 11 Cases To Ch. 7

    A Texas bankruptcy judge on Thursday gave the go-ahead for four of First Brands' co-debtors to shift from Chapter 11 cases to Chapter 7 cases and approved a related settlement between the auto parts maker and a creditor that had requested the change.

  • April 09, 2026

    Companies Linked To Scam Network Seek Ch. 15 Recognition

    Court-appointed liquidators of the companies in the Prince Group — linked by U.S. and U.K. authorities to a massive Cambodia-based "pig butchering" network that used human-trafficked captives to sell scam crypto investments — are seeking Chapter 15 recognition of their insolvency proceedings.

  • April 08, 2026

    Fed. Circ. Questions Specificity Needed In Oxy IP Invalidation

    A Federal Circuit panel expressed frustration with attorneys from both Purdue Pharma LP and generic-drug maker Accord Healthcare Inc. Wednesday as it tried to navigate whether the Delaware district court order invalidating Purdue's abuse-deterrence patent was explicit enough.

  • April 08, 2026

    Genesis Can't Pay $1.6M Fee To Would-Be DIP Lender

    A Texas bankruptcy judge Wednesday denied a request from Genesis Healthcare to pay $1.6 million to a company that had offered to provide postpetition financing, finding the debtor should have sought approval of the fee before it chose a different lender.

  • April 08, 2026

    Saks Looks To Complete Debt-Equity Swap By Summer

    Saks Global has filed a Chapter 11 plan and disclosure statement, which call for the company to hand over its equity to the bondholders who have provided its debtor-in-possession financing, as the retailer aims to exit bankruptcy by the summer.

  • April 08, 2026

    Fat Brands Bonuses OK'd To Keep Staff Through Ch. 11 Sale

    Restaurant group Fat Brands received approval Wednesday from a Texas bankruptcy judge to pay up to $1.9 million in bonuses to key corporate employees the debtor said were at risk of leaving while it pursues an expedited Chapter 11 sale process.

  • April 08, 2026

    Binance, Ex-CEO Seek End To $1.8B FTX Clawback Suit

    Binance and its founder told a Delaware bankruptcy judge Wednesday there are no grounds on which to claw back a $1.76 billion payment to the cryptocurrency platform from its defunct competitor FTX, saying it was a fair deal reached outside her jurisdiction.

  • April 08, 2026

    1st Circ. Mulls If Puerto Rico Restructuring Shields Officials

    The First Circuit wrestled Wednesday with whether to overturn a ruling that Puerto Rico's debt restructuring does not block civil rights lawsuits against the commonwealth's officials as individuals, giving no clear indication as to how the panel may rule.

Expert Analysis

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.

  • Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • AI Will Soon Transform The E-Discovery Industrial Complex

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    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

  • 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.

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