Large Cap

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • February 03, 2026

    Coverage Barred For Mortgage Fee Dispute, 2nd Circ. Says

    Insurers for a bankrupt financial services company are not obligated to cover settlement payments and defense costs stemming from a pair of mortgage fee class actions, the Second Circuit affirmed Tuesday, finding the claims fall squarely within an exclusion for fee-related losses.

  • February 03, 2026

    Plastics Co. Pretium Struggled With Debt Years Before Ch. 11

    Pretium Packaging, a private equity-backed maker of rigid plastic containers, collapsed into bankruptcy last week less than three years after completing a debt exchange that injected $200 million into the company, highlighting its persistent struggles to stabilize its business in the face of more than $1 billion in debt.

  • February 03, 2026

    Lippes Mathias Adds Fla. Partners From Greenspoon Marder

    Lippes Mathias LLP has brought on two partners from Greenspoon Marder LLP and an associate from Akerman LLP to bolster its West Palm Beach, Florida, office.

  • February 03, 2026

    McGlinchey Stafford Finance Trio Joins Husch Blackwell

    Days after McGlinchey Stafford PLLC's official end of operations, a trio of the firm's consumer financial services attorneys including the former Houston office managing member have found a new home with Husch Blackwell LLP, according to a Tuesday announcement.

  • February 03, 2026

    Walter Haverfield Completes Merger With Bernstein-Burkley

    Pittsburgh-based regional firm Bernstein-Burkley PC has expanded its resources and grown its Ohio footprint through a merger with Cleveland firm Walter Haverfield.

  • February 03, 2026

    Catching Up With New Bankruptcy Case Action

    Product label maker Multi-Color Corp. entered Chapter 11 in New Jersey, the company that owns Fatburger filed for bankruptcy in Texas, and a Missouri-based packaging company sought insolvency protection in New Jersey.

  • February 03, 2026

    Inspired Healthcare Capital Hits Ch. 11 With $1B+ Debt

    Senior living-focused private equity investor Inspired Healthcare Capital has filed for Chapter 11 protection in a Texas bankruptcy court, listing between $1 billion and $10 billion in debt and with plans to pursue an asset sale.

  • February 02, 2026

    Businessman Fights Sanctions In $500M Miss America Feud

    Attorneys for a Florida businessman locked in a $500 million dispute over the ownership of the Miss America pageant urged a federal judge Monday not to sanction their client for filing allegedly false documents, arguing they withdrew the documents once they were notified of questions about their authenticity.

  • February 02, 2026

    Investment Platform Linqto Seeks OK For Ch. 11 Plan

    Linqto kicked off its Chapter 11 plan confirmation hearing in Texas Monday, as plan supporters and objectors grilled witnesses on the circumstances leading up to the former investment platform's bankruptcy and its reorganization proposal.

  • February 02, 2026

    Label Maker Can Tap Ch. 11 DIP After Judge Trims Rollup

    A New Jersey bankruptcy judge on Monday granted interim approval for global label maker Multi-Color Corp. to tap into post-petition financing, yet he halved the amount of money that lenders can initially roll up due to concerns about the value of collateral securing some first-lien claims.

  • February 02, 2026

    Tricolor Judge Delays Ruling On Fees For Vervent Loan Work

    A Texas bankruptcy judge declined Monday to decide whether Tricolor Holdings loan servicer Vervent should be paid fees for its work locating thousands of vehicles and other collateral backing the debt, saying she needed more time to consider an objection from a group of noteholders.

  • February 02, 2026

    Yes To US Magnesium's $30M Sale, No To Genesis Trustee

    US Magnesium secured approval of a $30 million asset sale in its bankruptcy, a judge refused to install a Chapter 11 trustee in Genesis Healthcare's case, and another allowed self-driving vehicle technology company Luminar Technologies to move forward with asset sales that will net its estate $142.54 million.

  • February 02, 2026

    Meet The Team Guiding Multi-Color Through Ch. 11

    Kirkland & Ellis and Cole Schotz attorneys will be steering Georgia-based global retail product label maker Multi-Color Corp. through Chapter 11 in New Jersey as it seeks to trim $3.9 billion of its $5.9 billion in debt.

  • February 02, 2026

    Hinshaw Adds 16 McGlinchey Attys, Launches In Cleveland

    Hinshaw & Culbertson LLP has opened a new Cleveland office and greatly expanded its consumer financial services practice with a group of 16 attorneys from the recently shuttered McGlinchey Stafford PLLC, the firm said Monday.

Expert Analysis

  • Mentorship Resolutions For The New Year

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

  • Exercising On My Peloton Bike Makes Me A Better Lawyer

    Author Photo

    While I originally came to the Peloton bike for exercise, one cycling instructor’s teachings have come to serve as a road map for practicing law thoughtfully and mindfully, which has opened opportunities for growth and change in my career, says Andrea Kirshenbaum at Littler.

  • 3 Factors Affecting Retail M&A Deals In 2025

    Author Photo

    Retailers considering mergers and acquisitions this year face an evolving antitrust environment, including a new administration under President-elect Donald Trump, revised merger guidelines and a precedent set last year by a canceled $8.5 billion handbag merger, say attorneys at DLA Piper.

  • Exploring Venue Strategy For Trump-Era Regulatory Litigation

    Author Photo

    Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Large Cap archive.