Mid Cap

  • May 15, 2026

    Judge Says Jones Can't Appeal Infowars Bankruptcy Order

    A Texas federal judge on Friday dismissed Alex Jones' appeal over whether Infowars operator Free Speech Systems LLC's assets are part of his Chapter 7 estate, a move that continues to allow the families of victims of the Sandy Hook Elementary School shooting to pursue assets through state-court collection efforts that would help satisfy judgments exceeding $1 billion.

  • May 15, 2026

    Alex Jones Can 'Freely Compete' With Infowars, Court Told

    The operator of Infowars says bankrupt broadcaster Alex Jones has a legal right to "freely compete" with his former outlet, telling a Texas appeals court the website shut down because a court-appointed receiver failed to pay a third-party streaming service, not because Jones absconded with its property.

  • May 15, 2026

    What's Happening In Bankruptcy Court This Coming Week

    QVC will seek final approval of its bankruptcy funding, e-commerce group Food52 will vie for confirmation of its liquidation plan, and First Brands Group will also court a judge's approval of its Chapter 11 plan.

  • May 15, 2026

    Nursing Home Ch. 11 Trustee Sues Ex-Execs Over Lost Funds

    The trustee for a group of bankrupt Western Pennsylvania nursing homes says four former Comprehensive Healthcare Management Services executives improperly drained the companies of assets that should have been available to creditors, and asked a federal bankruptcy court to claw some of the money back.

  • May 15, 2026

    MMA Law To Shutter Under Ch. 11 Liquidation Plan

    Houston firm MMA Law has filed a Chapter 11 liquidation plan in Texas bankruptcy court, saying it plans to shut down its business and appoint an administrator to prosecute claims against multiple law firms.

  • May 15, 2026

    Proskauer Welcomes 2 New Partners To NY Office

    Proskauer Rose LLP announced this week that it has added two partners to its New York office — a restructuring attorney who joins from Davis Polk & Wardwell LLP and a private funds attorney who comes from advisory-focused investment bank PJT Partners.

  • May 15, 2026

    Axip Can Solicit Ch. 11 Plan Votes After Committee Settlement

    A Texas bankruptcy judge Friday agreed to approve natural gas compressor company Axip Energy Services LP's disclosure statement, allowing the debtor to seek its creditors' votes on its Chapter 11 plan.

  • May 15, 2026

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

    The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.

  • May 14, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Monette Farms secured Chapter 15 recognition, the Eighth Circuit agreed that a company seeking to depose its former counsel was improperly seeking information it previously pursued in civil cases and a bankruptcy, and Yellow Corp. was given the green light to abandon products it purchased from Goodyear but never collected.

  • May 14, 2026

    Carbon Health Strikes $12M Creditor Deal In Ch. 11

    Urgent care facility operator Carbon Health Technologies has reached a $12 million settlement with its official committee of unsecured creditors, the debtor's counsel said Thursday.

  • May 14, 2026

    Ed Tech Co. Conscious Content Nears Ch. 11 Plan OK

    The bankrupt education technology company Conscious Content Media on Thursday neared confirmation of its Chapter 11 reorganization plan, after a Delaware judge said he will grant his approval once documents are finalized for $20 million of exit financing.

  • May 14, 2026

    Blank Rome Adds Husch Blackwell's Dallas Leader

    Blank Rome LLP has added a former Husch Blackwell LLP lawyer to its finance, restructuring and bankruptcy practice in Dallas as the firm continues to strengthen its investment in the north Texas market.

  • May 13, 2026

    E-Commerce Co. Hits Ch. 11 In Texas After $11M Judgment

    E-commerce platform Society Pass has filed for Chapter 11 protection in Texas bankruptcy court with more than $10 million in liabilities and less than $10 million in assets, on the eve of a hearing Wednesday in New York state court to put the business into receivership.

  • May 13, 2026

    NJ Event Venue's Ch. 11 Should Be Ch. 7, Lender Says

    Bogota Savings Bank has urged a New Jersey bankruptcy judge to convert to a liquidation or throw out the Chapter 11 case of the company behind an event venue called The Chariot, arguing that more than a year into the case, the debtor's reorganization prospects remain "speculative."

  • May 13, 2026

    IronNet Secures Funds To Complete Ch. 11, Ducks Dismissal

    IronNet has begun to receive funding that will allow the cybersecurity firm to officially close its Chapter 11 case and resolve a bid to toss or convert the proceeding, more than two years after the debtor received confirmation of its reorganization plan.

  • May 13, 2026

    NHL's Blackhawks Challenge Fintech's Sponsor Deal In Ch. 11

    The Chicago Blackhawks have told the Delaware bankruptcy court the hockey team needs more information about a potential buyer if troubled crypto financial technology firm Blockfills assigns a sponsorship deal with the hockey team in its Chapter 11 case.

  • May 12, 2026

    Tariff Refund Sale Bid Hits Diligence Snag In Retailer's Ch. 11

    A bankrupt furniture retailer told a Delaware bankruptcy judge Tuesday it needed to delay its proposed sale of tariff refund rights because the potential buyer has not been able to access a government database it needs to complete its diligence efforts.

  • May 12, 2026

    Spanish Broadcasting Gets Approved For $7M In DIP Funding

    A Delaware bankruptcy judge on Tuesday gave radio station operator Spanish Broadcasting System Inc. interim access to $7 million of its proposed $30 million postpetition financing package and set a confirmation hearing for June.

  • May 12, 2026

    Meet The Attorneys Leading HBCU Saint Augustine's Ch. 11

    Saint Augustine's University in Raleigh, North Carolina, filed for Chapter 11 protection as it works to regain accreditation following declining enrollment and financial woes. Guiding it through bankruptcy is a team of attorneys at North Carolina-based business firm Waldrep Wall Babcock & Bailey PLLC.

  • May 12, 2026

    NYC Loft Owner Closes Stormy Ch. 11 With Sale To Lender

    A New York bankruptcy judge Tuesday gave the owner of a Manhattan loft permission to hand the property over to its mortgage lender and wind down its business, and congratulated the parties for concluding a contentious Chapter 11.

  • May 12, 2026

    NY Nursing Home Co. Gets Pause On Ch. 11 Conversion Bid

    A New York bankruptcy judge Tuesday ordered a two-week standstill to litigation in the Chapter 11 case of nursing home group Cold Spring Acquisition LLC to give the debtor and unsecured creditors time to negotiate a potential path forward in the proceeding, saying he would order mediation if they cannot reach a resolution.

  • May 12, 2026

    YesCare Can't 'Flee' Texas For Florida Ch. 11, Creditors Say

    YesCare, the bankrupt affiliate of prison healthcare company Tehum Care Services, is facing a lawsuit seeking to transfer its case from Florida to Texas, with a wind-down officer of Tehum, who is a trustee for general unsecured creditors, alleging the affiliate is attempting to avoid its responsibilities under Tehum's confirmed Chapter 11 plan.

  • May 12, 2026

    Fox Rothschild Adds Trial Partner From Nelson Mullins In Fla.

    Fox Rothschild LLP has expanded its litigation department in West Palm Beach, Florida, with a new partner from Nelson Mullins Riley & Scarborough LLP.

  • May 12, 2026

    Catching Up With New Bankruptcy Case Action

    A prison healthcare company filed for Chapter 11 in light of up to $400 million in litigation liabilities, a Mexico-based marine oil rig service company sought U.S. recognition of a foreign insolvency and a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings also filed for Chapter 15 protection.

  • May 11, 2026

    Spanish Broadcasting Hits Ch. 11 With $240M Debt-Swap Plan

    Radio station operator Spanish Broadcasting System Inc. filed for Chapter 11 protection Monday in Delaware bankruptcy court with a plan to hand control of the company to its noteholders and trim $240 million in debt.

Expert Analysis

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • How Del. Courts Will Likely Evaluate AI Oversight Claims

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    While no Delaware court has thus far adjudicated a claim based on alleged board failures to oversee artificial intelligence risk, recent Court of Chancery decisions suggest that familiar Caremark principles will be applied in predictable but consequential ways, particularly when AI touches mission‑critical operations, say attorneys at WilmerHale.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • GCs Can Read Debt Cycles To Spot Risk, Opportunity

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    With the conflict in Iran among many other factors that are further unsettling the geopolitical and economic environment, general counsel who understand credit risk and the debt cycle can offer a significant competitive advantage to help companies mitigate enterprise risk, says Samuel Keltner at Akin.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Judge-Led Bankruptcy Mediation Can Be The Best Option

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    Despite industry scrutiny of U.S. Bankruptcy Judge Michael Kaplan's recent decision to mediate the Multi-Color Chapter 11 case over which he was presiding, there is no single federal decision holding flatly against this, and, in the right circumstances, it may even be the best option, says Kenneth Rosen at Ken Rosen Advisors.

  • Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • Getting The Most Out Of Learning And Development Programs

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    Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.

  • AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • 8 Tariff Refund Questions For Restructuring Professionals

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    For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act raises several questions about how to capture legitimate recoveries while protecting an enterprise from the consequences of its own history, says Jonny Frank and Laura Greenman at StoneTurn, and Andrew Popescu at Province.