Large Cap

  • September 30, 2025

    Meet The New Acting US Trustee For Indiana, Illinois

    Monica Kindt has been named by Attorney General Pamela Bondi as the acting U.S. Trustee for Indiana and for the Central and Southern Districts of Illinois, Region 10, succeeding Nancy J. Gargula, who retired after more than two decades of service to the U.S. Trustee Program.

  • September 30, 2025

    Education Tech Co. Anthology Hits Ch. 11 With Over $1B Debt

    Anthology Inc., a software company in the educational technology space, filed for Chapter 11 protection in a Texas bankruptcy court with more than $1 billion in debt, saying it intends to sell parts of its business and restructure the rest.

  • September 30, 2025

    Retailer At Home Gets OK For Equity Swap Ch. 11 Plan

    A Delaware bankruptcy judge Tuesday said she would approve household furnishings retailer At Home Group Inc.'s plan to cut $1.6 billion in funded debt with an equity swap the company said was supported by nearly all creditors.

  • September 29, 2025

    Supreme Court Considers 7 Patent Petitions

    The U.S. Supreme Court held its first conference Monday, presenting the justices with several petitions of interest to patent practitioners before the court's new term kicks off next week.

  • September 29, 2025

    In Chancery, Bankrupt First Brands Accused Of Deal Breach

    Automotive manufacturer Grammer Inc. filed a suit in the Delaware Chancery Court accusing APC Parent LLC and guarantor First Brands Group, which filed for Chapter 11 protection on Sunday, of breaching multiple agreements and withholding more than $20 million in payments involved with a $40 million merger.

  • September 29, 2025

    Cayman Liquidators Lack Standing On All Claims In SVB Case

    A New York bankruptcy judge Monday found the liquidators of Silicon Valley Bank's Cayman Islands branch lacked standing in their bid to bring some $944 million in claims, ruling that the officials failed to timely file adversary complaints and proofs of claim in the case.

  • September 29, 2025

    Genesis Healthcare Gets Reprieve At Alabama Nursing Facility

    A Texas bankruptcy judge Monday gave Genesis Healthcare Inc. up to 15 more days of breathing room to deal with issues at an Alabama skilled nursing facility that the government has been trying to shut down.

  • September 29, 2025

    Spirit Airlines Settles With AerCap, Dr. Phil Defends Layoffs

    Spirit Airlines reached a global settlement with its largest lessor, AerCap, clearing a major hurdle in its second Chapter 11 case. 23andMe received a Missouri bankruptcy court's approval to include up to $86.5 million in data breach settlements in its Chapter 11 plan. Dr. Phil defended layoffs at his joint venture with Trinity Broadcasting, saying the job cuts were necessary due to financial constraints. And FTX's recovery trust sued Genesis Digital Assets to reclaim more than $1 billion the cryptocurrency exchange invested in it before bankruptcy. 

  • September 29, 2025

    New Imerys Ch. 11 Plan To Get February Hearing

    A Texas bankruptcy judge Monday set a February date for a hearing on the approval of Imerys Talc America and Cyprus Mines Corp.'s latest Chapter 11 plan, which changes the handling of overseas talc damages claims and contemplates merging the Imerys companies.

  • September 29, 2025

    Claire's To Sell 156 UK Stores In Ch. 11

    Jewelry retailer Claire's has secured a sale for some of its business in the U.K. and Ireland to private equity firm Modella Capital, the company's British restructuring administrator announced Monday.

  • September 29, 2025

    Yale Unit Will Pay $45M To End Failed Hospitals Sale Dispute

    Yale New Haven Health Services Corp. has agreed to pay $45 million to hospital operator Prospect Medical Holdings Inc. to conclude their legal dispute over a failed $435 million sale of three Connecticut hospitals, according to a motion filed in Texas bankruptcy court.

  • September 29, 2025

    Parts-Maker First Brands Files Ch. 11 With Over $10B In Debt

    Auto parts maker First Brands Group filed for Chapter 11 protection late Sunday in Texas bankruptcy court with more than $10 billion in debt and said it had secured $1.1 billion in bankruptcy financing from its creditors to keep the business running through the case.

  • September 26, 2025

    $33M NJ Mansion Wasn't Chinese Exile's, Holding Co. Says

    A holding company that nominally owns a $33 million New Jersey mansion has asked a Connecticut federal judge to flip a bankruptcy finding that the company was equitably owned by Chinese exile Miles Guo and functioned as his alter ego, arguing the property was actually paid for by Guo's fraud victims.

  • September 26, 2025

    ConvergeOne's Ch. 11 Plan Undone, In Part, On Appeal

    A Texas federal judge has reversed parts of reorganized IT group ConvergeOne's Chapter 11 plan, saying an exclusive equity backstop opportunity given to a faction of its secured lenders violated bankruptcy's equal treatment requirements.

  • September 26, 2025

    Linqto Investors Object To Settlement Bid, Bankruptcy Claims

    A group of Linqto customers has asked a Texas bankruptcy judge to reject the investment platform's plan to create a closed-end fund and liquidating trust to distribute private company securities through its Chapter 11 plan, arguing that Linqto has failed to show that its investments are actually at risk and signaling that they may challenge the debtor's eligibility for bankruptcy relief.

  • September 26, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Furniture company Walker Edison will undergo a hearing about its postpetition financing deal, a judge will consider the terms of a global resolution proposed between Spirit Airlines and its largest lessor, and the Chapter 15 representative for an Austrian biotechnology company will seek subpoena power. Here are some of the noteworthy hearings scheduled for next week.

  • September 26, 2025

    Argentina Blasts District Court Order To Turn Over YPF Stake

    Argentina has told the Second Circuit that a federal district court order requiring it to give up a 51% interest in nationalized oil company YPF would create a "legal mess and a diplomatic disaster," urging the appeals court to reverse the ruling and arguing the decision violated laws barring U.S. courts from taking foreign countries' sovereign property.

  • September 26, 2025

    Miss America Dispute Turns On Dueling Fraud Claims

    A real estate developer and his attorney have hit back at claims they should be sanctioned for allegedly submitting fake contracts as evidence they own the company that runs the Miss America pageant, asserting in a Florida federal court filing that their litigation opponents are the ones "engaging in fraud."

  • September 26, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen Sanjeev Gupta’s Liberty OneSteel sue its collapsed former lender Greensill Capital, television personality Janice Dickinson hit ITV with a personal injury claim after falling over while appearing on “I’m a Celeb …”, and energy investor Blasket bring fresh litigation against Spain amid a row over a $416 million arbitration award. Here, Law360 looks at these and other new claims in the U.K.

  • September 25, 2025

    Ex-Highland CEO Tells High Court Judge's Novels Show Bias

    The founder and president of hedge fund Highland Capital Management has asked the U.S. Supreme Court to weigh in on a bankruptcy judge's refusal to recuse herself from proceedings involving the company after she published two novels that he says contain veiled commentary about the case.

  • September 25, 2025

    Linqto's Private Stock Deal Applies Ch. 11 To Novel Terrain

    Months into its bankruptcy, investment platform Linqto has proposed a novel Chapter 11 deal to let retail investors profit from the rise of private technology companies, offering in-kind recoveries under a plan that creatively applies provisions of bankruptcy law, experts told Law360.

  • September 25, 2025

    Entities Tied To Auto Parts Supplier Hit Ch. 11 With $1B+ Debts

    A group comprising at least a dozen entities affiliated with Carnaby Capital Holdings LLC filed for Chapter 11 protection in Texas on Wednesday, reporting liabilities of between $1 billion and $10 billion.

  • September 25, 2025

    Buffalo Diocese Delays Bid To Hire Jones Day For Ch. 11 Help

    A New York bankruptcy judge agreed on Thursday to table a request by the Roman Catholic Diocese of Buffalo, New York, to hire Jones Day for help working out legal issues related to a nonprofit, as the debtor races to propose a Chapter 11 plan by Oct. 1 to support a $272.5 million settlement.

  • September 25, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    FTX's recovery trust announced plans to give creditors $1.6 billion in distributions, the trustee overseeing the liquidation of Bernie Madoff's fraudulent investment firm won a $6.4 million clawback fight with another firm, and fiber network developer Tilson asked for more time to file a Chapter 11 plan. These are some of the bankruptcy stories you may have missed in the past week.

  • September 25, 2025

    Michael Best To Combine With Denver Firm Allen Vellone

    Michael Best & Friedrich LLP is expanding its Denver office through a merger with 15-attorney litigation- and bankruptcy-focused firm Allen Vellone Wolf Helfrich & Factor PC, the firm said Wednesday.

Expert Analysis

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • How Design Thinking Can Help Lawyers Find Purpose In Work

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    Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.

  • Competitive Weightlifting Makes Me A Better Lawyer

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    The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law.

  • Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

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    The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable mootness doctrine, and may set up a U.S. Supreme Court review of the doctrine in the near future, say attorneys at Cleary.

  • Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.

  • 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.

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