Mid Cap
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January 02, 2026
What's Happening In Bankruptcy Court This Coming Week
Creditors are asking a Texas bankruptcy judge to give them more than 99% of a reorganized oil driller's equity following a ruling from the Fifth Circuit. A subprime auto lender is hoping to send its Chapter 11 plan out for a creditor vote. And a bankrupt nursing home operator will defend its lawsuit against federal regulators to keep an Alabama location open.
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January 02, 2026
New Bankruptcy Cases Filed Over The Year-End Break
The parent company of porta-potty provider Johnny On The Spot filed for Chapter 11, listing more than $1 billion in liabilities. Two affiliates of bankrupt self-driving firm Luminar Technologies, as well as e-commerce retailer Food52 Inc., the owner of a defunct boarding school and 3D construction technology company Black Buffalo 3D Corp. also launched their own bankruptcies.
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January 02, 2026
Saks Global Names New CEO Ahead Of Possible Bankruptcy
Luxury retailer Saks Global said Friday that Executive Chairman Richard Baker has replaced Marc Metrick as CEO about one year after the company bought the Neiman Marcus Group for $2.7 billion and amid reports that Saks is considering filing for bankruptcy relief.
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January 02, 2026
Legal Ethics Cases To Watch In 2026
Federal judges will continue tackling notable ethics issues in 2026, including a U.S. Justice Department battling former federal prosecutors in court and an immigration justice system in upheaval.
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January 02, 2026
Media Splits, Restaurant Woes Top 2025 Mid-Cap Bankruptcies
Thorny privacy issues, industry-wide downturns and messy media divorces made headlines across 2025's mid-cap bankruptcy filings.
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January 02, 2026
Bankruptcy And Restructuring Trends To Watch In 2026
Bankruptcy practitioners expect restructuring activity to remain elevated in the year ahead as more debt comes due and businesses continue to grapple with economic uncertainty. Major court rulings on bankruptcy plans, innovations in out-of-court debt deals and shifts in what is permitted under Chapter 11 will also have important effects in 2026, experts told Law360.
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January 02, 2026
Approach The Bench: What Judges Had To Say In 2025
Jurists discussed their strategies for decision-making, the difficulties of case management, and their predictions for the future of litigation in a dozen interviews with Law360 this year.
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January 02, 2026
The Top General Liability Cases To Watch In 2026
State courts across the country will evaluate general liability policy language in the new year as the Illinois Supreme Court tackles whether certain regulatory permits serve as an exception to a pollution exclusion and a Delaware trial court considers possible coverage of talc claims. Here, Law360 looks at the top cases to watch in 2026.
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January 02, 2026
What To Watch In Massachusetts Courts In 2026
Massachusetts attorneys have their eye on Trump administration policy challenges, state ballot question disputes and False Claims Act enforcement shifts as the calendar turns to 2026.
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January 01, 2026
4 High Court Cases To Watch This Spring
The U.S. Supreme Court justices will return from the winter holidays to tackle several constitutional disputes that range from who is entitled to birthright citizenship to whether transgender individuals are entitled to heightened levels of protection from discrimination.
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January 01, 2026
Blue Slip Fight Looms Over Trump's 2026 Judicial Outlook
In 2025, President Donald Trump put 20 district and six circuit judges on the federal bench. In the year ahead, a fight over home state senators' ability to block district court picks could make it more difficult for him to match that record.
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January 01, 2026
BigLaw Leaders Tackle Growth, AI, Remote Work In New Year
Rapid business growth, cultural changes caused by remote work and generative AI are creating challenges and opportunities for law firm leaders going into the New Year. Here, seven top firm leaders share what’s running through their minds as they lie awake at night.
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December 23, 2025
Catching Up With New Bankruptcy Case Action
A West Coast law firm hit Chapter 11 to wind down operations. A Texas concrete company said immigration enforcement has stalled residential construction, driven down demand for its products and led it to bankruptcy. And a consumer rent-to-own finance group entered Chapter 11 and accused its former CEO of forging documents.
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December 23, 2025
Connecticut's Most Notable Cases Of 2025
Two attorneys who were licensed in Connecticut were convicted in 2025 on charges that either did or could result in prison time, including a longtime real estate attorney who fatally shot a man in his law firm's parking lot. And the state's largest healthcare system said it would pay $45 million to exit an agreement to buy three ailing hospitals that were in much worse condition than previously known. Here's a look back at three of the top cases of 2025.
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December 23, 2025
Hudson Hotel Debtors Seek To Recast 'Ground Lease'
The developers behind the former Hudson Hotel in Manhattan have asked a Delaware bankruptcy judge to recharacterize a long-term "ground lease" tied to the property as a disguised financing arrangement, arguing the structure functions economically as a high-cost loan rather than a true lease and should not receive favorable treatment under the Bankruptcy Code.
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December 23, 2025
Razzoo's $18M Ch. 11 Sale OK'd, With 11 Sites To Stay Open
A Texas bankruptcy judge approved the $18 million sale of Cajun chain Razzoo's Inc.'s assets to a subsidiary of a Dallas-based restaurant developer, which plans to keep operating 11 of Razzoo's 20 remaining locations.
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December 23, 2025
Havana Air Says Immigration Policies Pushed It Into Ch. 11
Counsel for Miami-based Havana Air told a Delaware bankruptcy judge Tuesday it had to file for Chapter 11 protection due to an abrupt reduction in travelers on its routes to Cuba after the Trump administration enacted travel restrictions on citizens of the Caribbean island nation.
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December 23, 2025
Judge Says Ashley Stewart Ch. 11 Was Unauthorized
A New Jersey bankruptcy judge on Tuesday dismissed the Chapter 11 case of plus-size clothing retailer Ashley Stewart, saying it had been filed without proper authority by board members appointed in violation of a state court order.
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December 23, 2025
Top Federal Tax Decisions Of 2025
Over the past year, federal courts have issued decisions that extended the deadline for challenging tax bills in the U.S. Tax Court, allowed the IRS to pursue a woman's decades-old tax debt caused by her return preparer and lifted a $1 million reporting penalty because a jury didn't sign off. Here, Law360 reviews some of the most significant federal tax decisions of 2025.
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December 23, 2025
Rent-To-Own Co. FlexShopper Hits Ch. 11 After Fraud Claims
FlexShopper, a company offering lease-to-own services for appliances and electronics, has filed for Chapter 11 protection in the Delaware bankruptcy court, listing more than $100 million in debt and alleging its former CEO used forged documents to secure financing for the firm before its collapse.
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December 23, 2025
Sports League Grand Slam Track Gets OK For $1M DIP
Grand Slam Track, a professional track and field league founded by Olympic sprinting champion Michael Johnson, received a Delaware bankruptcy judge's permission Tuesday to borrow $1.1 million to fund its nascent Chapter 11.
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December 22, 2025
Catching Up With Delaware's Chancery Court
Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.
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December 22, 2025
Meet The Attys Powering EV Battery Swap Biz Ample's Ch. 11
Ample, a company developing quick battery swap stations for electric vehicles, has filed for bankruptcy protections in Texas, saying it was unable to drum up enough investments to commercially scale up. It has tapped a team of attorneys from Pillsbury Winthrop Shaw Pittman LLP to drive its Chapter 11 sale plans.
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December 22, 2025
Ashley Stewart's Board Seeks To Nix Ch. 11 As Bogus
The battle for plus size fashion retailer Ashley Stewart is continuing in a Delaware bankruptcy court, with one director seeking to dismiss the case while others are calling for a court-appointed trustee to investigate the company's November asset sale.
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December 22, 2025
Tricolor Execs Charged, Spirit Scores $100M Funding
A New York federal grand jury indicted former executives of Tricolor Holdings on fraud charges, while Spirit Airlines lined up an additional $100 million in financing. Akoustis Technologies won court approval to carry out its Chapter 11 liquidation plan, and the Roman Catholic Diocese of Oakland, California, and abuse claimants agreed to continue talks toward a reorganization plan.
Expert Analysis
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Racing Corvettes Makes Me A Better Lawyer
The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome.
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Attorneys Must Act Now To Protect Judicial Independence
Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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How Design Thinking Can Help Lawyers Find Purpose In Work
Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.
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Competitive Weightlifting Makes Me A Better Lawyer
The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law.
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Serta Ruling Further Narrows Equitable Mootness In 5th Circ.
The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable mootness doctrine, and may set up a U.S. Supreme Court review of the doctrine in the near future, say attorneys at Cleary.
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Inconsistent Injury-In-Fact Rules Hinder Federal Practice
A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.
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In-House Counsel Pointers For Preserving Atty-Client Privilege
Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.
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Collecting Rare Books Makes Me A Better Lawyer
My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.
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Judge Should Not Have Been Reprimanded For Alito Essay
Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.
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Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example
Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.
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Ch. 11 Ruling Confirms Insurer Standing Requirements
A New York bankruptcy court's recent decision in the Syracuse Diocese's Chapter 11 case indicates that insurers have misread the U.S. Supreme Court’s 2024 ruling in Truck Insurance Exchange v. Kaiser Gypsum and that federal standing requirements remain unaltered, say attorneys at Lowenstein Sandler.
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AI Will Soon Transform The E-Discovery Industrial Complex
Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.