Large Cap

  • June 15, 2026

    High Court On Ch. 13 Estoppel, Prince Group Wins Ch. 15 Nod

    First Brands was cleared to send its Chapter 11 plan to a creditor vote, defeating calls to convert the case to a Chapter 7 liquidation. The Supreme Court reversed a Fifth Circuit decision that barred a man from bringing a personal injury lawsuit he failed to disclose in bankruptcy. And a company linked to an alleged trafficking ring won Chapter 15 recognition.

  • June 15, 2026

    Carlton Fields Pushes To Be Involved In Miss America Hearing

    Carlton Fields pushed back Monday on a request from the CEO of Miss America and companies linked to the pageant to bar a firm attorney from a status conference in their litigation over Miss America's bankruptcy and filed a motion to intervene in the case.

  • June 12, 2026

    2nd Circ. Backs Bankman-Fried's 25-Year Fraud Conviction

    The Second Circuit on Friday upheld Sam Bankman-Fried's conviction and an $11 billion forfeiture order in an opinion that found the ex-CEO's claims that he could have made FTX customers whole didn't matter in the face of the government's "robust" evidence of his role in the fraud that felled the cryptocurrency exchange.

  • June 12, 2026

    Auto Parts Co. First Brands Spared Ch. 7 Conversion

    A Texas bankruptcy judge on Friday allowed auto parts maker First Brands to send the fifth version of its Chapter 11 plan out for a vote, denying a U.S. trustee motion to scuttle the plan and dismiss or convert the case to a Chapter 7.

  • June 12, 2026

    Tricolor Judge Holds 'Pseudo-Attorney' In Contempt

    A Texas bankruptcy judge has held a man and his company in contempt of court for improperly acting like an attorney on behalf of creditor and subprime auto lender Tricolor Holdings, saying the man would oscillate between holding himself out as merely a consultant and then acting as a "pseudo-attorney," while bilking clients in the case to the tune of $73,500. 

  • June 12, 2026

    Jane Street Used Tips To Dodge Losses, Terraform Says

    The administrator for bankrupt cryptocurrency company Terraform Labs has urged a New York federal court not to dismiss his suit against trading firm Jane Street over claims the firm used confidential information to profit from Terraform's collapse, arguing that it is liable as an insider and a tippee.

  • June 12, 2026

    Joann Vendors' Suit To Remain In Del. Bankruptcy Court

    A Delaware bankruptcy judge ruled Thursday that claims in a lawsuit brought by vendors of liquidated craft retailer Joann Inc. are not property of Joann's estate and can continue, as the claims are direct claims against Joann's former officers and directors best adjudicated by the Delaware bankruptcy court.

  • June 12, 2026

    Texas Court Urged To Keep Judge Romance Suit Alive

    In multiple filings, EJS Investment Holdings LLC has asked a Texas federal judge to reject attempts by former U.S. Bankruptcy Judge David Jones and other parties to dismiss its proposed class action over his secret romance with a former Jackson Walker LLP partner.

  • June 12, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Yellow Corp. will undergo a status conference regarding pension plan settlements, Warrior Technologies will vie for final approval of its bankruptcy financing, and plastic company Trinseo PLC will also seek debtor-in-possession financing approval.

  • June 12, 2026

    Sleep Number Hits Chapter 11 With $415M Sale Offer

    Personalized mattress retailer Sleep Number Corp. filed for Chapter 11 protection Friday in New York to quickly sell its assets, citing macroeconomic challenges and a chaotic tariff landscape over the last year.

  • June 11, 2026

    Lenders Spar Over First Brands Inventory Liens In Ch. 11

    A secured lender to bankrupt auto parts-maker First Brands Group told a Texas judge on Thursday that it has senior liens on inventory that served as loan collateral for a subsidiary of the debtor, and asked for the imposition of an injunction that would keep the proceeds of inventory sales from being distributed.

  • June 11, 2026

    High Court Estoppel Ruling Eschews Rigid Tests For Debtors

    A U.S. Supreme Court ruling Thursday that rejected the Fifth Circuit's "overly rigid" judicial estoppel rule gives lower courts more latitude to decide whether a debtor's failure to disclose a claim in bankruptcy was a mistake, but it leaves open numerous questions about the duties of consumer debtors, experts told Law360.

  • June 11, 2026

    Venezuela Turns To Greenberg Traurig In Citgo Sale Appeal

    Venezuela has tapped heavyweight lawyers from Greenberg Traurig LLP as its new counsel in a Third Circuit appeal challenging a Delaware judge's order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of the country's debt.

  • June 11, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    One bankrupt life sciences firm sought sanctions against an investor and the U.S. trustee sought to liquidate another one, while a medical transport company fought an attorney fee bid and creditors blasted the liquidation plan proposed for a Nevada mining company.

  • June 11, 2026

    Some Trinseo Lenders Move To Quash Others' Ch. 11 Lawsuit

    A group of lenders for bankrupt plastics company Trinseo PLC asked a Texas bankruptcy judge to dispose of a lawsuit stemming from the Chapter 11 case in which other lenders are seeking to dismantle two prebankruptcy refinancings the debtor undertook, saying the plaintiffs are barred from bringing the suit.

  • June 11, 2026

    Miss America CEO Wants Ex-Atty Barred From Court

    The CEO of Miss America and companies linked to the pageant asked a Florida federal court on Thursday to bar their former counsel Carlton Fields from a status conference in their litigation over Miss America's bankruptcy, arguing the firm is not a party and is no longer counsel of record.

  • June 11, 2026

    Bank, Union, Chemical Co. Appointed To Trinseo Committee

    A bank, a union and a subsidiary of a German chemical company were named to the official committee of unsecured creditors in the Chapter 11 bankruptcy of plastics company Trinseo PLC.

  • June 11, 2026

    Justices Reject 5th Circ. Estoppel Ruling In Ch. 13 Case

    The U.S. Supreme Court on Thursday vacated and remanded a Fifth Circuit ruling that let judicial estoppel bar a Chapter 13 debtor from pursuing tort litigation after he failed to disclose the claim to a bankruptcy court, deciding that the circuit court did not consider the totality of the facts and circumstances of the case.

  • June 10, 2026

    QVC Seeks Ch. 11 Plan OK Over Shareholder Complaints

    QVC Group and its creditors on Wednesday traded shots with preferred shareholders before a Texas bankruptcy judge in closing arguments on confirmation of the shopping channel's Chapter 11 plan, sparring over whether a deal on intercompany claims was reached fairly.

  • June 10, 2026

    Rakoff Frees Big Banks From Investors' Tricolor Fraud Suit

    U.S. District Judge Jed Rakoff in the Southern District of New York on Wednesday threw out an investor suit accusing JPMorgan, Barclays and Fifth Third of facilitating a sprawling alleged fraud by Tricolor Holdings, the bankrupt subprime auto lender.

  • June 10, 2026

    Spirit Gets Initial OK To Pay Exec Bonuses Amid Wind-Down

    A New York bankruptcy judge on Wednesday said he was likely to approve Spirit Airlines' request to pay three executives up to roughly $1.9 million in potential bonuses as Spirit works to sell its remaining assets and shutter the business.

  • June 10, 2026

    Del Monte Minority Lenders Seek Direct Appeal To 3rd Circuit

    Minority lenders to bankrupt canned food giant Del Monte are seeking to appeal the May confirmation of Del Monte's Chapter 11 plan to the U.S. Court of Appeals for the Third Circuit over issues including "impermissible gerrymandering" of creditor classes.

  • June 10, 2026

    DOJ Says Student Borrowers' Suit Is Moot After Rule's Vacatur

    The Trump administration is urging a D.C. federal judge to toss a lawsuit seeking to revive the Biden-era SAVE student loan repayment rule, arguing that the case is moot because there is no rule left to enforce after the Eighth Circuit ordered the plan vacated in March.

  • June 10, 2026

    Meet The Attys Guiding GoHealth Through Ch. 11

    Health insurance broker GoHealth has tapped lawyers from Pachulski Stang Ziehl & Jones LLP and Kirkland & Ellis LLP to guide it through a Chapter 11 case aimed at giving the debtor to its lenders while refinancing $762 million in debt.

  • June 09, 2026

    Crystallex Warns Of Delay Tactic In Citgo Sale Appeal

    Defunct Canadian miner Crystallex on Friday urged the Third Circuit to order Venezuela's counsel to prove its authority as the country challenges an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of its debt, pointing to the new administration of Delcy Rodriguez.

Expert Analysis

  • Law School's Missed Lessons: Negotiation Skills

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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
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    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

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    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

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    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

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    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.

  • Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

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