Large Cap
-
March 03, 2026
Eletson Says Ch. 11 Arrest Warrants Are 'Logical Next Step'
Reorganized shipping company Eletson Holdings Inc. has told a New York bankruptcy judge that arrest warrants for ex-officials of the company are an appropriate, incremental action in a months-long quest to obtain depositions from individuals facing court judgments.
-
March 03, 2026
Multi-Color Lenders Call Lien Challenge Waste Of Time
Barclays Bank is asking a New Jersey bankruptcy judge to dismiss a suit challenging liens against Multi-Color Corp., saying the suit is unnecessary since the bankrupt global label-maker's reorganization plan will be before the court by the end of the month.
-
March 03, 2026
Catching Up With New Bankruptcy Case Action
The iPic movie theater chain hit Chapter 11 in Florida, a Chicago racetrack entered bankruptcy protection in the Prairie State and a real estate investment trust accused of being a Ponzi scheme began its own insolvency.
-
March 03, 2026
Bankruptcy Expert Details Human Costs Of A Hospital Ch. 11
Melanie Cyganowski of Otterbourg PC, a former federal bankruptcy judge in New York, talks to Law360 Healthcare Authority about successor liability, regulatory hurdles and some of the hidden costs of hospital bankruptcies.
-
March 02, 2026
5th Circ. Presses McDermott Shareholders On Direct Claim
A Fifth Circuit panel wanted to know why investors should get another shot at a direct class action alleging that McDermott International Inc. made misrepresentations about a $6 billion merger, asking Monday if the case before the court was "analogous" to a case alleging the company overpaid for the merger.
-
March 02, 2026
Ch. 11 Judge Orders FAT Brands CEO To Be Deposed
The chief executive officer of bankrupt restaurant chain owner FAT Brands Inc. must sit for a deposition as noteholders prepare to pursue their bid to give control of the case to a Chapter 11 trustee.
-
March 02, 2026
Saks, Simon Properties Argue Fate Of Store Leases
Retail landlord Simon Properties and luxury retailer Saks Global on Monday wrangled over the wording of a 2024 investment agreement as they asked a Texas bankruptcy judge to determine the fate of the leases of two Saks locations.
-
March 02, 2026
Cadwalader Continues Restructuring Growth With UK, US Duo
Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.
-
March 02, 2026
J&J Unit Wins Bid To Revive Talc Libel Suit With New Basis
A New Jersey federal judge has revived a bankrupt Johnson & Johnson talc subsidiary's trade libel claim over a 2020 scientific article linking asbestos in talc to mesothelioma, finding that new evidence and allegations concerning the authenticity of the author's data are enough to survive a motion to dismiss.
-
March 02, 2026
NJ's Newest Bankruptcy Judge Is An Ex-Assistant US Attorney
A former assistant U.S. attorney is New Jersey's newest bankruptcy judge, bringing with him experience representing federal agencies in bankruptcy and creditors in large cases like General Motors' 2009 reorganization.
-
March 02, 2026
Eddie Bauer LLC Settles For $3.1M With Warehouser GXO
Bankrupt clothing retailer Eddie Bauer LLC has agreed to resolve a more than $8.84 million claim from GXO Logistics Supply Chain Inc. for $3.1 million.
-
March 02, 2026
PosiGen Can Wind Down, Tilson's Ch. 11 Dismissed
Solar panel co. PosiGen was given the green light to wind down, fiber network Tilson's Chapter 11 case was dismissed, and Mallinckrodt's bankruptcy prevented antitrust payouts.
-
March 02, 2026
Serta Simmons Lenders Kick Off Trial On 'Uptier' Deal Claims
Lenders to Serta Simmons Bedding presented opening arguments on Monday in a trial in Texas bankruptcy court over whether investors excluded from the mattress maker's 2020 "uptier" debt exchange should be awarded damages, a dispute that could have sweeping effects on debt finance markets.
-
February 27, 2026
'Lack Of Adversity' Stops Court From Ending Biden SAVE Plan
A Missouri federal judge dismissed a coalition of Republican-led states' lawsuit challenging a Biden-era student debt relief plan, saying Friday he can't end the plan like the Trump administration wanted given the "apparent lack of adversity" in the suit between the states and the administration.
-
February 27, 2026
Optimum Says Apollo, BlackRock Bullied Kirkland Withdrawal
Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal court complaint to also accuse the companies of "bullying" Kirkland & Ellis LLP into withdrawing as its transaction counsel.
-
February 27, 2026
Inmarsat Gets Stay Of Bankruptcy Court Order In Ligado Case
A Delaware federal judge on Friday granted Inmarsat Global Ltd.'s emergency request to stay a bankruptcy court order requiring the Viasat unit to support a spectrum-rights application filed by telecommunications group Ligado Networks and AST SpaceMobile Inc., saying he would hear an expedited appeal of the case.
-
February 27, 2026
Kluger Kaplan Exiting $500M Miss America Ownership Battle
Kluger Kaplan attorneys said Friday they can no longer represent a businessman in a $500 million dispute over the ownership of the Miss America pageant, after a Florida federal court's questions to the lawyers about documents the court has found to be fraudulent put them in conflict with their client.
-
February 27, 2026
San Francisco Archdiocese Seeks OK For $10M Abuse Deal
The Roman Catholic Archdiocese of San Francisco is asking a California bankruptcy judge to approve a more than $10 million settlement of two sexual abuse claims the judge allowed to go forward in state court last year.
-
February 27, 2026
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy courts are set to tackle in the coming weeks issues ranging from an exchange of discovery requests flung between Fat Brands and a noteholder group, US Magnesium's request to sell a turbine package and Meyer Burger's Chapter 11 plan and disclosure.
-
February 27, 2026
Alex Jones' Sandy Hook Atty Eyes Exit After Appeals End
An attorney who represented conspiracy theorist Alex Jones has asked a Connecticut state court judge's permission to withdraw now that litigation has mostly ended in a $1.44 billion defamation challenge to Infowars broadcasts about the Sandy Hook Elementary School massacre.
-
February 27, 2026
First Brands Eyes Biz Unit Going Concern Sales In Ch. 11
Troubled auto parts manufacturer First Brands plans to sell four of its business units as going concerns, attorneys told a Texas bankruptcy judge on Friday, explaining that information about alleged fraud had scuttled hopes of reorganizing the business in Chapter 11.
-
February 27, 2026
Tricolor Noteholders Say Big Banks Ignored Auto Loan Fraud
Securitized auto loan investors are suing JPMorgan, Barclays and Fifth Third in New York federal court, alleging the banks ignored glaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings that collapsed in bankruptcy last year.
-
February 26, 2026
Genesis JV Partner Can Take Ch. 11 Stay Challenge To 5th Cir.
A company that formed a real estate joint venture with bankrupt nursing home operator Genesis Healthcare can directly appeal a Texas bankruptcy judge's ruling on the scope of Chapter 11's automatic stay, the Fifth Circuit ordered.
-
February 26, 2026
Insurance Pros Size Up Top D&O Risks At NYC Conference
Law360 Insurance Authority has the top takeaways and coverage considerations from the annual conference hosted by Anderson Kill PC.
-
February 26, 2026
TV Azteca Seeks Reorganization In Mexico
Mexican television channel TV Azteca on Thursday announced it had begun insolvency proceedings in Mexico, saying it is facing economic headwinds as well as mounting liabilities and needs to reorganize.
Expert Analysis
-
What 2 Profs Noticed As Transactional Law Students Used AI
After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.
-
Law School's Missed Lessons: Negotiation Skills
I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.
-
Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
-
Asbestos Trusts And Tort Litigation Are Still Not Aligned
A recent ruling by a New York state court in James Petro v. Aerco International highlights the inefficiencies that still exist in asbestos litigation — especially regarding the continued lack of coordination between the asbestos tort system and the well-funded asbestos trust compensation system, says Peter Kelso at Roux.
-
The Legal Education Status Quo Is No Longer Tenable
As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.
-
E-Discovery Quarterly: Rulings On Relevance Redactions
In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.
-
Section 1983 Has Promise After End Of Nationwide Injunctions
After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.
-
Law School's Missed Lessons: Learning From Failure
While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.
-
Law School's Missed Lessons: Skillful Persuasion
In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.
-
Special Committees Gain Traction In Chapter 11 Investigations
Excerpt from Practical Guidance
Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.
-
Law School's Missed Lessons: Navigating Client Trauma
Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.
-
4 Former Justices Would Likely Frown On Litigation Funding
As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.
-
Playing The Violin Makes Me A Better Lawyer
Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.