Mid Cap
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March 19, 2026
3rd Circuit Seeking 2 NJ Bankruptcy Court Judges
The Third Circuit is looking to fill two vacancies on New Jersey's bankruptcy court, which has emerged as a popular complex Chapter 11 venue, the appeals court announced Thursday.
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March 19, 2026
Jackson Walker, US Trustee Reach Deal On Fee Settlements
The Office of the U.S. Trustee and law firm Jackson Walker LLP on Wednesday resolved the bankruptcy watchdog's opposition to a series of settlements tied to a romantic relationship between a former Jackson Walker attorney and a now-retired bankruptcy judge.
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March 19, 2026
Snapshot: Patent Filings Soar, Bankruptcy Cases Drop In Del.
Patent filings in Delaware federal district court were up by roughly 30% in 2025, while the federal bankruptcy court in Wilmington saw a decrease in overall filings for the year that included a major dip in Chapter 11 cases.
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March 19, 2026
Zynex Gets OK For Ch. 11 Plan Reducing Debt By $50M
Zynex Inc., a pain management medical device maker, received confirmation Thursday of its Chapter 11 plan, which reduces its debt by about $50 million and turns over the company to its creditors.
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March 19, 2026
Akerman Lands Bankruptcy Pro In Delaware From Saul Ewing
Akerman LLP has added a partner in Delaware who previously was at Saul Ewing LLP for more than 15 years to bolster its bankruptcy and reorganization practice group.
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March 18, 2026
4th Circ. Says Bankruptcy Stay Trumps Arbitration Agreement
A split Fourth Circuit panel ruled Wednesday that requiring a consumer debtor to arbitrate credit card collection actions would interfere with the clear purpose of the federal bankruptcy code, upholding a pair of lower court rulings that found alleged automatic stay violations by Goldman Sachs Bank should be dealt with through bankruptcy adversary proceedings.
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March 18, 2026
Ex-Execs Ask Justices To Review Ruby Tuesday Benefits Fight
Former Ruby Tuesday managers are urging the U.S. Supreme Court to review their dispute alleging Regions Bank lost them $35 million in retirement plan benefits that were liquidated in bankruptcy, saying an appellate court erred in denying them monetary relief.
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March 18, 2026
Fla. Court Ends Ex-Bank CEO's Bid To Revive Contract Claims
A former bank CEO can't file another amended complaint against First Horizon Bank claiming he was set up as a scapegoat in the legal fallout of a $1.2 billion Ponzi scheme, a Florida appeals court ruled Wednesday.
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March 18, 2026
Natural Gas Co. Axip Gets OK For $105M Ch. 11 Financing
Natural gas compressor group Axip received final approval of its $105 million Chapter 11 financing package after resolving an objection from the official committee of unsecured creditors.
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March 18, 2026
Fox Rothschild Adds Perkins Coie Bankruptcy Ace In Dallas
Fox Rothschild LLP has bolstered its ability to help clients facing major financial challenges with the addition of a Dallas-based partner who brings more than four decades of experience in bankruptcy and restructuring matters.
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March 18, 2026
Conn. Justices Won't Hear Ex-Alex Jones Atty's Ethics Case
The Connecticut Supreme Court will not hear a challenge to the two-week suspension of Alex Jones' former lawyer, leaving intact an intermediate Appellate Court decision affirming the pared-down punishment surrounding his law firm's handling of Sandy Hook Elementary School massacre victims' personal information.
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March 17, 2026
Deals In Jackson Walker-Judge Affair A 'Dilemma,' Judge Says
A Texas federal judge ordered three of Jackson Walker LLP's former bankruptcy clients Tuesday to explain by next month what would happen to money from potential vacaturs or sanctions against the law firm if the estates close after their contested deals get approved.
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March 17, 2026
GWG Holdings Gets New Bankruptcy Judge After Romance Scandal
The chief bankruptcy judge in the Southern District of Texas has been tapped to oversee the Chapter 11 case of defunct financial services firm GWG Holdings months after the case's previous judge was removed in light of his professional relationship with former U.S. Bankruptcy Judge David R. Jones, who resigned amid an ethics scandal.
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March 17, 2026
NYC Condo Board Ch. 11 Should Be Tossed, Rival Group Says
The residential board for a Times Square hotel and residential tower asked a New York bankruptcy judge to toss the Chapter 11 case started by the building's condominium association, with the former accusing the latter of using bankruptcy to gain an advantage in litigation.
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March 17, 2026
BlockFills Can Tap Into Lender Cash For Now In Ch. 11
Bankrupt cryptocurrency company BlockFills received interim authority to use the cash collateral of its secured lenders Tuesday as it began its pursuit of a customer-led restructuring in Delaware bankruptcy court.
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March 17, 2026
NY Ch. 11 Case Reopened Over Missing $344K Disbursement
The U.S. Trustee had its request granted in New York Bankruptcy Court to reopen a small Chapter 11 case amid an attorney ethics probe, as it searches for about $344,000 that was reportedly deposited into the trust account of a lawyer overseeing the disbursement of estate funds that were allegedly never distributed.
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March 17, 2026
Catching Up With New Bankruptcy Case Action
Crypto company BlockFills hit Chapter 11 after a sell-off, the developer of a Bronx housing project filed for bankruptcy to stop a foreclosure sale and a nonprofit live performance venue in Philadelphia initiated a Chapter 11 over tax woes.
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March 17, 2026
Book Distributor Baker & Taylor Hits Ch. 11 To Wind Down
Baker & Taylor, a 198-year-old book distributor, sought bankruptcy protection in New Jersey with at least $100 million in liabilities after the COVID-19 pandemic, litigation and a loan default forced it to shut down operations last year.
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March 16, 2026
Trump Admin Wants Student Loan Forgiveness Suits Tossed
The Trump administration on Monday asked a Massachusetts federal judge to toss a pair of lawsuits challenging a change to eligibility requirements for student loan forgiveness, calling the potential repercussions from the new rule "speculative."
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March 16, 2026
American Signature OK'd For Tweaked Ch. 11 Claims Bar Date
A Delaware bankruptcy judge agreed Monday to let furniture retailer American Signature set the end of April as the deadline for claims in its Chapter 11 case, overruling an objection from the U.S. Trustee's Office during what she said was her first contested bar date motion hearing.
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March 16, 2026
Bronx Project Facing Sale Hits Ch. 11 To Probe 'Treachery'
The developer of a 900-unit housing project in the Bronx that was awarded a $55 million state grant in October has filed for bankruptcy to stop a foreclosure sale, blaming what it called "treachery" in the transfer of a senior mortgage, in the second such filing the company brought in recent months.
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March 16, 2026
SoHo Building In NYC Hits Ch. 11, Owing $30M
The owner of a mixed-use building in Manhattan's SoHo neighborhood has filed for Chapter 11 bankruptcy with more than $30.6 million in liabilities, according to a petition filed in New York bankruptcy court.
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March 16, 2026
Ill. Racetrack Hawthorne Gets 3-Member Creditors Committee
The U.S. Trustee's Office has appointed an official unsecured creditors committee in a Chicago-area horse track's Chapter 11 case, selecting three horse racing industry creditors.
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March 16, 2026
Crypto Selloff Sends Trading Platform BlockFills To Ch. 11
Cryptocurrency company BlockFills has filed for Chapter 11 protection in Delaware bankruptcy court with up to $500 million in debt weeks after pausing customer withdrawals amid a selloff in crypto markets.
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March 13, 2026
Pa. City Receiver Challenges Law That Halted Ch. 9 Utility Sale
A state law that stripped a Pennsylvania city of its ability to appoint all the members of its water authority's board was unconstitutional, the bankrupt city of Chester said in a Pennsylvania Commonwealth Court petition Friday, challenging a law that derailed its Chapter 9 plans to sell the local agency's assets.
Whiskey Ch. 11 Not Going Down Smoothly In Tennessee
A spirited clash over authority erupted Wednesday in whiskey company Uncle Nearest Inc.'s Chapter 11, as the debtor and a court-appointed receiver exchanged blows regarding who was entitled to file the company's bankruptcy.
Meet The Team Leading Crypto Co. BlockFills Through Ch. 11
A team of McDermott Will & Schulte attorneys is guiding cryptocurrency company BlockFills through Chapter 11 as it seeks to preserve its business and resolve customer claims.
Judges OK Eletson Arrests, $533M Spirit Base Bid
A New York bankruptcy judge approved arrests in Eletson Holdings' Chapter 11 case, another said Spirit Airlines can auction 20 aircraft with a $533 million stalking horse bid, and a judge in California ordered parties to go forward with competing plans in the Oakland diocese's insolvency proceeding.
Expert Analysis
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Law School's Missed Lessons: The Human Element
Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.
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Time Limit Case Highlights How Justices Apply Federal Rules
In Coney Island Auto Parts Unlimited v. Burton, the U.S. Supreme Court sided with the minority in a circuit split on when a litigant can seek relief from an allegedly void judgment — but the decision's most important lessons may be about the high court's interpretive approach to the Federal Rules of Civil Procedure, say attorneys at McDermott.
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Law School's Missed Lessons: In Court, It's About Storytelling
Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.
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Charges Signal Tougher Stance On Execs' Bankruptcy Fraud
The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea change in the willingness of federal prosecutors to use bankruptcy fraud as a basis to charge corporate officers more frequently alongside traditional statutes such as wire fraud, bank fraud and money laundering, say attorneys at White & Case.
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5 Different AI Systems Raise Distinct Privilege Issues
A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.
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AI-Assisted Arbitration Needs Safeguards To Ensure Fairness
As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.
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AI-Generated Doc Ruling Guides Attys On Privilege Risks
A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.
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The Law Firm Merger Diaries: Leadership Strategy After Day 1
For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.
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Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'
Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.
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If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access
With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers that need to retain access to key AI products in the event of vendor’s bankruptcy should consider four elements that could determine whether they may invoke traditional Section 365(n) intellectual property protections, say attorneys at Sidley.
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When Bankruptcy Collides With Product Recalls
The recent bankruptcy filing by Rad Power Bikes on the heels of a U.S. Consumer Product Safety Commission warning about dangerously defective batteries sold by the company highlights how CPSC enforcement clashes with bankruptcy protections, leaving both regulators and consumer litigants with limited options, says Michael Avanesian at Avian Law Group.
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Law School's Missed Lessons: Practicing Resilience
Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.