Large Cap
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February 06, 2026
Bankrupt Saks OK'd To Seal Deal Terms In Swipe Fee MDL
The Texas judge overseeing Saks Global Enterprises LLC's bankruptcy said on Friday he will allow the debtors to seal information included in a proposed settlement because it is governed by a decade-old protective order in sprawling multidistrict litigation over credit card swipe fees.
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February 06, 2026
NJ Watchdog Must Give Up Files In Hospital Row
A New Jersey federal judge has refused to disturb a magistrate judge's decision compelling a state watchdog to turn over documents from its inquiry into CarePoint Health Systems Inc., rejecting the agency's bid to shield its files with grand-jury-like secrecy and reaffirming that federal privilege law governs discovery disputes in federal court.
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February 06, 2026
Del Monte Approved For Ch. 11 Creditor Deal And Sales
A New Jersey bankruptcy judge approved a proposed creditor settlement Friday in the Chapter 11 case of canned food producer Del Monte, saying it was inextricably linked to a series of sale transactions he also approved that will garner nearly $500 million for the estate.
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February 06, 2026
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy judges this week are set to consider granting approval of billions of dollars in Chapter 11 financing to support Saks, a request by FAT Brands investors to suspend the company's CEO, and bidding procedures for an asset sale by urgent care clinic operator Carbon Health.
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February 06, 2026
Beasley Allen Disqualified From NJ Talc Multicounty Litigation
A New Jersey state appeals court disqualified the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, ruling Friday that a former Faegre Drinker Biddle & Reath LLP lawyer's collaborative efforts with the firm's attorneys violated ethics rules.
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February 06, 2026
Imerys Talc's Long Road Through Ch. 11
Imerys Talc America Inc. has been winding through the Chapter 11 system for roughly seven years — joined mid-course by Cyprus Mines Corp. and briefly by an Italian affiliate.
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February 05, 2026
Lugano Diamonds Sues Insurer In Ch. 11 For Defense Costs
Bankrupt jewelry house Lugano Diamonds has filed a Chapter 11 adversary complaint against Travelers Insurance, seeking a court declaration that the insurer is responsible for all of Lugano's defense costs in litigation tied to alleged fraud and misconduct committed by its former CEO.
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February 05, 2026
Chubb 'Secret' Abuse Website Risks Industry Trust, Attys Say
An accusation by the Archdiocese of New York that Chubb waged a "shadow campaign" against the church while also defending a slew of sex abuse suits against the church has the potential to disrupt trust in the insurance market.
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February 05, 2026
Ex-Alex Jones Atty Asks Conn. Justices To Nix Suspension
A Connecticut attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case has asked the state's highest court to consider whether it was proper for a judge to suspend his law license for violating a protective order governing Sandy Hook families' personal information.
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February 05, 2026
Cano Health CEO Accused Of Misleading $30M Share Buyer
The former chief operating officer of Cano Health Inc. told a Florida state court that ex-CEO Marlow Hernandez misled him into buying $30 million worth of shares in the company despite knowing it was on the brink of insolvency.
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February 05, 2026
Under The Radar: Bankruptcy News You May Have Missed
A judge converted Dormify's Chapter 11 case to a Chapter 7, a Canadian clothier's foreign representative asked to close the U.S. portion of its insolvency proceedings, and the liquidation trustee for Bernie Madoff's estate lost an effort to add $7 million more in claims to a clawback case.
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February 05, 2026
FAT Brands Seeks OK To Use Subsidiary Stock Sale Cash
FAT Brands is asking a Delaware bankruptcy judge for permission to use the proceeds from a sale of new shares in one of its subsidiary restaurant chains, saying it needs the more than $3 million in cash to fund its Chapter 11 case.
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February 05, 2026
Kaufman Dolowich Picks Up 7 McGlinchey Stafford Attys
A group of seven former McGlinchey Stafford PLLC attorneys with a mix of practices have found a new home in Kaufman Dolowich LLP.
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February 05, 2026
Nicklaus Golf Co. Gets $50M Baseline Bid For Licensing Biz
A $50 million offer from brand manager Iconix International will be the baseline bid for a Chapter 11 auction of licensing rights for golf legend Jack Nicklaus' name, rights holder GBI Services has told a Delaware bankruptcy judge.
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February 05, 2026
First Brands Insurers Appeal Ch. 11 D&O Policy Decision
A group of insurers that issued policies to bankrupt auto parts maker First Brands Group notified a Texas bankruptcy judge that they intend to appeal a January ruling on the ability of company executives to access insurance proceeds to fund their defenses in misconduct litigation.
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February 05, 2026
Ice Miller Arrives In Del. With Potter Anderson Bankruptcy Ace
Ice Miller LLP has opened an office in Delaware by bringing on an experienced bankruptcy attorney from Potter Anderson & Corroon LLP, which the firm's chief managing partner said is a strategic move to give the national firm a footprint in another key legal market.
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February 04, 2026
Inspired Healthcare Gets Interim OK For $35M Ch. 11 Funding
A Texas bankruptcy judge granted senior living-focused private equity investor Inspired Healthcare Capital interim approval of a $35 million Chapter 11 financing package, allowing the debtor access to $10 million.
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February 04, 2026
Stranglehold Of Debt, Litigation Drove FAT Brands To Ch. 11
A CEO who once served prison time and was later accused of fraud. A series of acquisitions that left the company sharply overleveraged, ensnared in a knot of debt. This isn't a crypto firm or investment scheme. It's restaurant franchiser FAT Brands, which filed for bankruptcy last week.
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February 04, 2026
Linqto, Ex-CEO Lock Horns Over Ch. 11 Plan
Defunct investment platform Linqto closed out a two-day Chapter 11 confirmation hearing Wednesday in Texas bankruptcy court, as supporters touted a plan establishing two recovery options for customers, and objectors questioned the circumstances leading up to the bankruptcy filing.
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February 04, 2026
Bankruptcy Improvement Act Sent To President For Approval
The Bankruptcy Administration Improvement Act of 2025 that sailed through Congress last month has made it to the desk of President Donald Trump and is awaiting his signature.
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February 04, 2026
Insurer Objects To $8M Claim Deal In Albany Diocese Ch. 11
Lloyd's Of London and other insurers objected Tuesday to a motion from the bankrupt Roman Catholic Diocese of Albany, New York, seeking to allow an $8 million judgment in favor of an individual abuse claimant, saying the proposal runs afoul of an earlier order of the bankruptcy court prohibiting such judgments.
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February 04, 2026
Hartford HealthCare Must Provide Docs On $86M Takeovers
Hartford HealthCare Corp. must hand over internal documents detailing its $86.1 million acquisitions of two hospitals from bankrupt Prospect Medical to a group of plaintiffs who accuse the health system of trying to create a monopoly for inpatient hospital services, a Connecticut state court judge has ruled.
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February 04, 2026
Tricolor's Ex-CEO Gets Access To Some D&O Coverage
Former Tricolor Holdings CEO Daniel Chu can tap part of the subprime auto lender's directors and officers insurance to pay for legal expenses incurred defending himself against fraud claims brought by the government and others, a Texas bankruptcy judge ruled Wednesday.
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February 04, 2026
First Brands Creditors Seek To Hire Nardello For Fraud Probe
First Brands Group's unsecured creditors urged a Texas bankruptcy judge to let them retain Nardello & Co. as a forensic financial adviser and assist with their investigation into the "pervasive looting and fraud" that they allege precipitated the auto parts maker's Chapter 11 case.
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February 04, 2026
Shipping Co. Eletson Can Seek Arrest Of Ex-Officials
A New York bankruptcy judge on Wednesday allowed shipping group Eletson Holdings Inc. to seek the arrest and incarceration of former Eletson directors and others who the company says have failed to appear at court-ordered depositions.
Expert Analysis
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Running Marathons Makes Me A Better Lawyer
After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.
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Law School's Missed Lessons: Supporting A Trial Team
While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.
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Adapting To Private Practice: From US Attorney To BigLaw
When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.
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The Ins And Outs Of Consensual Judicial References
As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.
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The BigLaw Settlements Are About Risk, Not Profit
The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.
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Brazilian Jiujitsu Makes Me A Better Lawyer
Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.
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Power To The Paralegals: An Untapped Source For Biz Roles
Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.
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Franchise Group Dispute Reflects Rising Intercreditor Suits
A recent complaint filed by senior creditors against junior creditors in the Franchise Group bankruptcy could embolden lenders to take preemptive action against one another in bankruptcy proceedings, and could affect the way secured lenders draft intercreditor agreements going forward, say attorneys at Choate.
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Playing Poker Makes Me A Better Lawyer
Poker is a master class in psychology, risk management and strategic thinking, and I’m a better attorney because it has taught me to read my opponents, adapt when I’m dealt the unexpected and stay patient until I'm ready to reveal my hand, says Casey Kingsley at McCreadyLaw.
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Law School's Missed Lessons: Becoming A Firmwide MVP
Though lawyers don't have a neat metric like baseball players for measuring the value they contribute to their organizations, the sooner new attorneys learn skills frequently skipped in law school — like networking, marketing, client development and case evaluation — the more valuable, and less replaceable, they will be, says Alex Barnett at DiCello Levitt.
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$38M Law Firm Settlement Highlights 'Unworthy Client' Perils
A recent settlement of claims against law firm Eckert Seamans for allegedly abetting a Ponzi scheme underscores the continuing threat of clients who seek to exploit their lawyers in perpetrating fraud, and the critical importance of preemptive measures to avoid these clients, say attorneys at Lockton Companies.
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Teaching Business Law Makes Me A Better Lawyer
Teaching business law to college students has rekindled my sense of purpose as a lawyer — I am more mindful of the importance of the rule of law and the benefits of our common law system, which helps me maintain a clearer perspective on work, says David Feldman at Feldman Legal Advisors.
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Ch. 15 Ruling May Offer Path To Ch. 11 Workaround
In Mega Newco, a New York bankruptcy court recently recognized an English scheme of arrangement involving a Mexican financial services company under Chapter 15, showing the flexibility and pragmatism of U.S. bankruptcy courts in effectuating an international restructuring that was consensually designed as a Chapter 11 alternative, says Arthur Rosenberg at Holland & Knight.