Mid Cap

  • November 07, 2025

    Judge Will Let 23andMe Cut 157K Claims, Down From 160K

    A Missouri bankruptcy judge told genetic testing company 23andMe on Friday he would allow it to shear nearly 157,000 claims from its bankruptcy case, sustaining an objection the company lodged asserting the claims may be fraudulent.

  • November 07, 2025

    Developer Five Star Gets Interim OK For $6M Ch. 11 Loan

    Luxury resort developer Five Star Development LLC can access $6 million of Chapter 11 financing after a Texas bankruptcy judge granted interim approval to the package over the objection of a prepetition lender, which proposed a competing offer.

  • November 07, 2025

    Ex-Lordstown Execs Fight Bankruptcy Reserve Cut

    Former executives of bankrupt Ohio electric vehicle manufacturer Lordstown Motors urged a Delaware bankruptcy judge to preserve a key financial cushion in the company's post-bankruptcy claims reserve, arguing that the reorganized debtor is improperly seeking to reduce the protections negotiated for unresolved indemnification and defense-cost claims.

  • November 07, 2025

    Chancery Denies Ruling Stay In Caribevision Control Dispute

    Two camps battling over control of Delaware-chartered television network Caribevision both lost postjudgment rulings Friday on motions to undo parts of a Court of Chancery decision last month intended to resolve control of the self-described media "eyes and ears of the Caribbean."

  • November 07, 2025

    What's Happening In Bankruptcy Court This Coming Week

    It's a confirmation-seeking bonanza in the coming week as the Archdiocese of New Orleans will come to court for a pretrial conference related to its bankruptcy plan, Purdue will seek confirmation of its Chapter 11 plan, and Yellow Corp. will make its own bid for plan approval.

  • November 07, 2025

    Cajun Food Chain Razzoo's Gets $4M DIP In Ch. 11

    A Texas bankruptcy judge signed off Friday on Cajun restaurant chain Razzoo's bid to borrow $4 million in financing in Chapter 11, funds the company will use to support itself as it works to sell its assets.

  • November 06, 2025

    Core Scientific Reaches $14.75M Deal With SPAC Investors

    Bankrupt cryptocurrency miner Core Scientific has reached a $14.75 million agreement to settle proposed class action claims brought by an investor in the special purpose acquisition company that made a $4.3 billion deal to bring the miner public via merger.

  • November 06, 2025

    Luxury Developer Five Star Told To Review Competing DIP

    At a first-day hearing Thursday, a Texas bankruptcy judge asked debtor Five Star Development LLC to consider an alternative Chapter 11 financing package from a prepetition lender it has accused of fraud and return to court Friday.

  • November 06, 2025

    Tom Girardi's Brother, Bankruptcy Trustee Settle Legal Fees

    The brother of disgraced attorney Tom Girardi and the trustee for their now-defunct law firm, Girardi Keese, have reached an agreement resolving John Girardi's claim seeking legal fees for cases he worked on after leaving the firm, the trustee told the California bankruptcy court.

  • November 06, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A Firstbase.io creditor asked a judge to rethink approving another creditor's Chapter 11 plan for the debtor, Revlon is looking to quash an injury suit by invoking its plan's injunction mechanism, and the U.S. Trustee's Office encouraged a judge to reject Yellow's Chapter 11 plan.

  • November 06, 2025

    'Matrix' Producer's $18.5M Ch. 11 Sale OK'd Over WB Protest

    Village Roadshow, which produced titles like "The Matrix" and "Joker," can sell its derivative film rights for $18.5 million, a Delaware bankruptcy judge decided, overruling an objection from the debtor's former business partner Warner Bros.

  • November 06, 2025

    Atty Exits Bankruptcy Case Amid Judge Romance Fallout

    The embattled wind-down trustee for defunct life insurance bond seller GWG Holdings in a Houston Chapter 11 case has resigned from the role amid the fallout from her secret romance with a then-bankruptcy judge in the Southern District of Texas.

  • November 06, 2025

    Cole Schotz Adds Litigator From Delaware Boutique

    Cole Schotz PC has added a litigator in Delaware from Wilmington-based Seitz Van Ogtrop & Green PA to expand its capacity to advise clients in commercial, bankruptcy, intellectual property and construction matters.

  • November 06, 2025

    Maron Marvel Adds New Houston Managing Partner

    Maron Marvel Bradley Anderson & Tardy LLC has added a new partner to serve as the firm's managing attorney in Houston, who previously spent more than four years as shareholder-in-charge of the Houston office of Barron & Newburger PC.

  • November 05, 2025

    Aerospace Co. Urges Justices To Hear 'Toxic Lender' Case

    Aerospace company Xeriant Inc. is petitioning the U.S. Supreme Court to hear a lawsuit over a stock-as-collateral loan it entered into with Auctus Fund LLC, arguing the Second Circuit's dismissal of the case clashes with another circuit decision that allowed the U.S. Securities and Exchange Commission to pursue so-called toxic lenders in the microcap space.

  • November 05, 2025

    Balcon Salon Ch. 11 Tied To Construction Woes, Slow Sales

    Just two years after opening in Manhattan's Hell's Kitchen neighborhood, Balcon Salon is facing a Chapter 11 restructuring after unexpected construction delays and softer sales it attributed to a downturn in alcohol consumption.

  • November 05, 2025

    Creditors Say No More Time For Nursing Home's Ch. 11 Plan

    Guardian Elder Care's unsecured creditors committee urged a Pennsylvania bankruptcy judge to deny the nursing home operator's latest request to extend its exclusive window to propose a Chapter 11 plan, arguing it hasn't made enough progress in its 15 months in bankruptcy.

  • November 05, 2025

    Fired E-Biz Execs Sue Jackson Walker Over Judge's Romance

    A pair of former executives at e-commerce company Volusion LLC have hit Jackson Walker LLP with the latest in a series of suits accusing the firm of legal malpractice stemming from the undisclosed romance between a former partner and a Texas bankruptcy judge.

  • November 05, 2025

    Home Remodel Group Renovo Files Ch. 7 With $100M+ Debt

    Renovo Home Partners, a company that rolled up home improvement businesses while backed by private equity, has filed for Chapter 7 in Delaware bankruptcy court, declaring up to $500 million in debt across almost 20 affiliates.

  • November 05, 2025

    Luxury Developer Five Star Hits Ch. 11 In Texas

    Five Star Development LLC, a company building a Ritz-Carlton property in Arizona, has filed for Chapter 11 relief in Texas bankruptcy court to gain protection from lender collection actions.

  • November 05, 2025

    Amlin Dodges $47M Award Over 'Pay First' Clause In Ship Row

    The owner of a vessel that ran aground cannot overturn a judgment finding that MS Amlin Marine NV doesn't have to pay out to a company it insured because the insolvent business failed to pay a $47 million arbitration award, an appeals court ruled Wednesday.

  • November 04, 2025

    Ignore Circuits, Follow Scalia, Justices Told In Deadlines Duel

    How can a U.S. Supreme Court advocate persuade the justices to spurn the near-universal views of circuit courts? One option appeared Tuesday at arguments over deadlines to vacate judgments, as a Williams & Connolly lawyer invoked Justice Antonin Scalia's influential methods — and seemingly found a receptive audience.

  • November 04, 2025

    Bankruptcy Judge Taken Off GWG Case Amid Scandal Fallout

    The federal judge overseeing GWG Holdings' bankruptcy case has been removed because of his professional relationship with embattled former U.S. Bankruptcy Judge David R. Jones, a decision the chief bankruptcy judge attributed not to the GWG judge's "own actions," but to Jones's "abuse" of judicial authority.

  • November 04, 2025

    Clippers Owner, BakerHostetler Named In Fintech Fraud Suit

    Nearly a dozen investors have filed an amended lawsuit in California state court alleging Los Angeles Clippers owner Steve Ballmer and others, including BakerHostetler, helped financial technology company Aspiration Partners Inc. defraud them by propagating a false narrative that the business was financially solvent.

  • November 04, 2025

    Bowling Bistro Biz Pinstripes Seeks Ch. 7 Conversion

    Illinois-based bowling-and-bistro operator Pinstripes has asked the Delaware bankruptcy court to convert its chapter 11 proceedings to a Chapter 7 liquidation, saying the move will allow a trustee to complete the wind-down process after the sale of its assets and the exhaustion of its financing.

Expert Analysis

  • Circus Arts Make Me A Better Lawyer

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    Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.

  • When Investigating An Adversary, Be Wary Of Forged Records

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    Warnings against the use of investigators who tout their ability to find an adversary’s private documents generally emphasize the risk of illegal activity and attorney discipline, but a string of recent cases shows an additional danger — investigators might be fabricating records altogether, says Brian Asher at Asher Research.

  • 3 Ways To Train Junior Lawyers In 30 Minutes Or Less

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    Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.

  • The Bar Needs More Clarity On The Discovery Objection Rule

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    Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.

  • So You Want To Move Your Law Practice To Canada, Eh?

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    Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.

  • A Strategic Checklist For Bankruptcy Motion Objections

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    Hewing to a set of best practices for objecting to a motion in bankruptcy cases can help creditors’ counsel stay on track as they juggle deadlines and jurisdictions, determine whether filing will help or harm the client, and negotiate with the debtor.

  • The 3rd-Party Bankruptcy Release Landscape After Purdue

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    In its Purdue Pharma ruling prohibiting nonconsensual third-party releases, the U.S. Supreme Court did not comment on criteria to render a third-party release consensual, opening a debate in the bankruptcy courts on the permissibility of opt-out versus opt-in releases, say attorneys at Morgan Lewis.

  • Striking A Balance Between AI Use And Attorney Well-Being

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    As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.

  • Being An Artist Makes Me A Better Lawyer

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    My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.

  • Bankruptcy Decision Exemplifies Venue Issue For Franchisees

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    A California bankruptcy court's decision earlier this month in Pinnacle Foods and a lingering circuit split on assumption of executory franchise contracts highlights the issue of whether franchisee debtors can qualify for case venue in friendlier circuits, says David Gamble at Parkins Rubio.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

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    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

  • Judicial Committee Best Venue For Litigation Funding Rules

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    The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.

  • The Strategic Advantages Of Appointing A Law Firm CEO

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    The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.

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