Mid Cap
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April 03, 2026
Mortgage Co. In Settlement Talks On NC Phone-Pay Fee Suit
A certified class of North Carolina borrowers are working to settle claims over excessive fees charged by their mortgage servicer for paying bills by phone, with a judge agreeing to a stay in the case.
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April 02, 2026
Energy Drink Co. Founder Told Not To Sell Fla. Keys Property
A bankruptcy judge in Florida on Thursday blocked the founder of Bang Energy drinks from selling an island property and using proceeds to fund litigation, saying the court must determine whether the initial purchase used fraudulently procured funds.
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April 02, 2026
Pittsburgh's Oldest Brewery Hits Ch. 11
Pennsylvania Brewing Company Inc., which claims to be the oldest brewery in Pittsburgh, filed for Chapter 11 relief after being sued by its largest creditor.
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April 02, 2026
NY Nursing Home Creditors Push For Liquidation
The unsecured creditors of a Long Island nursing home operator are asking a New York bankruptcy judge to convert its Chapter 11 case into a Chapter 7 liquidation, arguing the company will run out of cash before it can confirm a bankruptcy plan.
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April 02, 2026
NY Judge Tosses $18M Ch. 11 Claim, Says It Was Not A Loan
A New York bankruptcy judge has disallowed an $18 million claim asserted by Equity Funding LLC in the bankruptcy case of 1300 Desert Willow Road, a New Mexico industrial building owner, finding that it was not actually a loan but equity.
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April 02, 2026
Under The Radar: Bankruptcy News You May Have Missed
A sand miner claims its landlord seized vital computers, a magnesium miner got court approval for a deal to sell collateral, a satellite company says it's switching claims agents after its old one was sold, and a drug company in the middle of a payment dispute asked for a way out.
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April 02, 2026
Puerto Rico Bankruptcy Stymies Paul Weiss, ACLU Fee Bids
American Civil Liberties Union and Paul Weiss attorneys who successfully eased restrictions on voting by mail in Puerto Rico during the COVID-19 pandemic cannot collect fees for their work because they were discharged in Puerto Rico's bankruptcy proceeding, the First Circuit has ruled.
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April 02, 2026
FBT Gibbons Lands Ex-Womble Bond Bankruptcy Leader
FBT Gibbons LLP announced Thursday that it has added the former national leader of Womble Bond Dickinson's bankruptcy, restructuring and creditors' rights team to its Delaware office.
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April 01, 2026
Cœur Proceeding: Why Dating Co. Spark Returned To Ch. 15
German dating service company Spark Networks seemed to have its heart's desire a little over two years ago when a German court approved its financial reorganization, but a disappointing comeback and a lawsuit have seen the debtor return to the U.S. court system seeking Chapter 15 recognition again.
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April 01, 2026
US Trustee Wants Nostrum Ch. 11 Converted Or Dismissed
The U.S. Trustee's Office asked a New Jersey bankruptcy judge to convert drugmaker Nostrum Laboratories' Chapter 11 case to a Chapter 7 liquidation or dismiss it altogether because the debtor has not been filing monthly operating reports.
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April 01, 2026
2 McCarter & English Attys Rise To Partner In NJ
McCarter & English LLP announced Wednesday that it has promoted two Newark, New Jersey-based attorneys to partner, one who is in the firm's bankruptcy group and the other who handles liability, mass torts and class actions.
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April 01, 2026
Oakland Diocese Yanks Insurance Deals From Newest Plan
The Roman Catholic Diocese of Oakland, California, told a bankruptcy judge Wednesday it removed $42 million in settlements with insurance carriers from its proposed Chapter 11 plan to eliminate one source of conflict with the committee representing abuse claimants in the case.
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April 01, 2026
Fortress Buys Bankruptcy Services Provider Omni
Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.
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April 01, 2026
Justices Undo Finance Co.'s Liability For Investment Losses
A financial company cannot be held liable for £1.7 million ($2.3 million) in losses from failed property investments, Britain's top court ruled Wednesday, finding that it wasn't responsible for the actions of the firm it appointed to set up the projects.
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March 31, 2026
Catching Up With New Bankruptcy Case Action
New dominoes fell as part of auto parts maker First Brands' bankruptcy, with three foreign subsidiaries of the company hitting Chapter 11 in Texas. Meanwhile, the owner of an upscale California mall and a residential real estate investment firm based in central New York sought bankruptcy protection following foreclosures. And a concrete truck supplier in Texas launched its own bankruptcy, saying immigration enforcement has weighed down its business.
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March 31, 2026
U.S. Trustee Seeks To Nix FTE Ch. 11 After Case Lapses
The U.S. Trustee said Tuesday that the contested Chapter 11 case of defunct telecommunications company FTE Networks Inc. should be thrown out because the debtor failed to file basic required documentation and still hasn't paid some statutory fees, among other alleged shortcomings.
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March 31, 2026
Judge Blesses Fee-Sharing In Catholic Abuse Claims Appeal
A California bankruptcy judge on Tuesday blessed a fee-sharing deal between the Roman Catholic Diocese of Fresno and the state's other Catholic organizations, saying it could pay a firm representing all of them in a state court appellate case.
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March 31, 2026
Colo. Judge OKs $2.5M Damages In Metal Workers' Wage Suit
The owner of a now-defunct metal fabrication and construction company will have to shell out $2.5 million in damages in a case seeking unpaid wages, a Colorado federal judge has ruled, agreeing with a magistrate judge's recommendation to enter default judgment but disagreeing that theft damages were not necessary.
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March 31, 2026
Meet The Attys For Cannabist Company Holdings
The foreign representative for Cannabist Company Holdings Inc., a purveyor of cannabis products, has hired attorneys from Richards Layton & Finger PA and Weil Gotshal & Manges LLP to help the debtor obtain U.S. recognition of its Canadian insolvency while it works to sell or shutter its operations.
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March 31, 2026
Mountain Sports Wins Ch. 11 Liquidation Plan OK
Sports retailer Mountain Sports LLC received confirmation Tuesday from a Delaware bankruptcy judge of its Chapter 11 liquidation plan after unsecured creditors backed the plan.
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March 31, 2026
Cancer Vaccine Developer Files Ch. 7 After Trials Fall Short
A Denmark-based biotechnology firm filed for Chapter 7 liquidation Tuesday in Delaware with more than $10 million in debt after its prospective cancer vaccine failed to measure up under testing and win regulatory approval last year.
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March 30, 2026
100-Year-Old Mich. Group Hits Ch. 11 Amid Dispute With City
A century-old nonprofit organization, community center and event venue in a city just north of Detroit is seeking Chapter 11 Subchapter V relief, after its home city sued the group to stop a sale of its property as it faced declining revenues and increased expenses.
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March 30, 2026
Lowenstein Sandler Enters Del. With Polsinelli Bankruptcy Pro
Lowenstein Sandler LLP announced Monday that it has opened an office in Delaware by bringing on the former leader of Polsinelli PC's bankruptcy and restructuring practice.
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March 30, 2026
Atty Gets Reciprocal NJ Suspension For Ethics Violations
The New Jersey Supreme Court has imposed a three-year suspension on an attorney who had a Colorado law practice as a reciprocal discipline for ethics violations related to her conduct representing a client in Colorado legal matters, including having practiced law while suspended.
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March 30, 2026
Justices Weigh Ch. 13 Estoppel, NY Diocese Strikes Deal
The U.S. Supreme Court reviewed a ruling that precluded a Chapter 13 debtor from suing a Mississippi company. The Roman Catholic diocese in Albany, New York, announced a $148 million settlement with survivors of childhood abuse. And members of Congress introduced a new bill aimed at curbing forum shopping.
Expert Analysis
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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.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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2 Rulings Showcase Fuzzy Limits Of 'Related To' Jurisdiction
The Fifth and Ninth Circuits recently handed down decisions, in Sanchez Energy and Sawtelle Partners, respectively, reminding practitioners that bankruptcy court jurisdiction over lingering disputes is not guaranteed, regardless of whether confirmation orders contain specific "retention of jurisdiction" language, says Brian Shaw at Cozen O’Connor.
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Law School's Missed Lessons: How To Start A Law Firm
Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.
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How A 1947 Tugboat Ruling May Shape Work Product In AI Era
Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.
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NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid
A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.