Mid Cap

  • July 21, 2025

    Monster.com Ch. 11 Auction Brings In $69M In Offers

    CareerBuilder + Monster, an online job search platform, said the winning offers from its Chapter 11 auction for three business divisions totaled $68.6 million, almost double the $35.5 million total of stalking horse offers approved in its Delaware bankruptcy.

  • July 21, 2025

    Experts Urge Sub V Reform, Danimer Scientific To Exit Ch. 11

    A group of judges and bankruptcy professionals pressed for changes to Subchapter V eligibility caps and student loan discharge rules. Meanwhile, BigLaw's dominance in bankruptcy continues, a shift that began with the 1978 Bankruptcy Reform Act. And Danimer Scientific's uncontested Chapter 11 liquidation plan moved forward following an asset sale. This is the week in bankruptcy. 

  • July 21, 2025

    Montessori School Group Can Tap Full $8M Ch. 11 Loan

    The company that once oversaw the world's largest network of Montessori schools received a Texas bankruptcy judge's final approval Monday for its debtor-in-possession loan, as it looks to secure confirmation of a Chapter 11 plan grounded in a restructuring support agreement with a prepetition investor that is sponsoring the reorganization.

  • July 21, 2025

    Top 4 Texas Cases To Watch: A Midyear Report

    Several major cases are taking shape in the Lone Star State, including the Southwest Airlines Pilots Association's suit seeking to hold Boeing accountable for lost revenue after the 737 Max was grounded, as well as the continuing fallout of a former Houston judge's romance scandal that could cost a Texas firm millions of dollars. Here's a look at the top cases to watch in Texas through the rest of the year.

  • July 18, 2025

    Law360 Names 2025's Top Attorneys Under 40

    Law360 is pleased to announce the Rising Stars of 2025, our list of more than 150 attorneys under 40 whose legal accomplishments belie their age.

  • July 18, 2025

    Real Estate Recap: Budget, 2025 Deals, Coney Island Gamble

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including real estate attorney perspectives on the new federal budget, the law firms that guided the biggest deals of 2025's first half and why one BigLaw attorney is betting on a Coney Island development.

  • July 18, 2025

    Tx. Judge OKs Tommy's Boats To Set Sail On Ch. 11 Plan

    A Texas bankruptcy judge Friday approved a reorganization plan for boat and water sports retailer Tommy's Boats filed by its chapter 11 trustee, overruling objections from its former CEO.

  • July 18, 2025

    Ex-CEO Again Pushes For Standing In Judge Romance Case

    The former CEO of a defunct barge company has again urged a court to rule that he has standing to sue over a former bankruptcy judge's secret romance with an attorney, writing in a supplemental filing that "certain issues" had "not been fully briefed."

  • July 18, 2025

    6th Circ. Won't Revive Ex-Ruby Tuesday Execs' Benefits Fight

    The Sixth Circuit refused to reopen a suit from former Ruby Tuesday managers and executives alleging Regions Bank inadequately protected their retirement plan benefits that were liquidated in bankruptcy, concluding a lower court was right to end the case in the bank's favor.

  • July 18, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges will guide hearings in the coming days that concern issues including Nikola's Chapter 11 plan and disclosures, a youth mental health provider's plans for a real estate sale, and Rite Aid's proposed lease sales.

  • July 18, 2025

    New Texas Law School Dean Talks Path In Legal Education

    In his own story as the son of migrant farm workers and the first person of color to lead the South Texas College of Law in Houston, Reynaldo "Rey" Anaya Valencia sees a "vision of where South Texas sees itself going into the 21st century."

  • July 18, 2025

    Bioplastics Maker Danimer Scientific Cleared To Exit Ch. 11

    A Delaware bankruptcy judge Friday approved the uncontested Chapter 11 liquidation plan of plant-based plastic alternative maker Danimer after the company sold its assets in bankruptcy.

  • July 18, 2025

    Fashion-Tech Biz Founder Charged With $300M Investor Fraud

    The founder of bankrupt apparel technology company CaaStle Inc. defrauded investors out of $300 million, federal prosecutors in Manhattan said Friday, unsealing an indictment charging her with using sham documents to falsely promote a "rapidly growing business" supposedly worth $1.4 billion.

  • July 18, 2025

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

    This past week in London has seen the former owner of British oil refinery Prax Group sued following the collapse of his business empire, a unit of Shard Credit Partners target a married couple believed to have inflated the value of their companies before selling them, and Aerofoil Energy reignite patent action against AFE Group over the design of its F1-inspired cooling units.

  • July 17, 2025

    How A NJ Clergy Abuse Probe Will Reshape Defense Strategy

    The New Jersey Supreme Court has cleared the way for a grand jury to investigate clergy abuse claims, bringing forward a rarely used prosecution tool that experts say will have reverberations on the strategies taken by lawyers representing powerful individuals and institutions even beyond the Catholic Church.

  • July 17, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Failed cryptocurrency lender Genesis Global told a New York bankruptcy judge its parent company was attempting to "usurp" its control over prosecuting estate causes of action, asking the court to allow the debtor to enforce its rights. Meanwhile, the debtor entity of The Dolphin Co., an aquatics park operator, accused the firm's CEO of diverting its revenue, and the Chapter 11 case of chicken joint chain Sticky's was converted to a liquidation.

  • July 17, 2025

    Connecticut Music Festival Organizer To Pay $50K In Refunds

    The bankrupt organizer of a botched Connecticut music festival known as Capulet Fest has agreed to pay up to $50,000 in restitution to ticket buyers to settle an investigation into possible violations of state law, the attorney general's office said Thursday.

  • July 17, 2025

    One Table Loses Structured Dismissal Bid, Case Now A Ch. 7

    A Delaware bankruptcy judge on Thursday converted the Chapter 11 case of One Table Restaurant Brands LLC, which operated restaurant chains Tender Greens and Tocaya, to a Chapter 7 liquidation, saying her concerns outweighed the potential benefits of a structured dismissal allowing for the distribution of money to creditors.

  • July 17, 2025

    US Trustee Says Constitution Bars Jackson Walker Jury Trial

    The federal government's bankruptcy watchdog told a Texas federal judge that under the Seventh Amendment, Jackson Walker LLP isn't entitled to a jury trial in its fee dispute stemming from a former bankruptcy judge's secret relationship with a onetime partner.

  • July 17, 2025

    Brazilian Sugar Producer Gets Restructuring Recognition

    A New York bankruptcy judge on Thursday extended U.S. recognition to the insolvency proceedings of Brazilian sugar producer and distributor Virgolino de Oliveira SA after hearing the company has won approval for its reorganization plan and settled bondholder lawsuits.

  • July 17, 2025

    Work Wear Seller Faults 'Heartless' Lender In Chapter 11 Filing

    Work wear and healthcare apparel retailer Work N Gear filed an emergency Chapter 11 petition late Wednesday, accusing a creditor of "heartless conduct" in sweeping funds out of accounts set aside to pay employee healthcare claims.

  • July 16, 2025

    Cullen and Dykman Says It Isn't Conflicted In IT Firm's Ch. 11

    Cullen and Dykman LLP has told a New York bankruptcy judge there was no conflict of interest preventing Sysorex, an insolvent government information technology company, from retaining the law firm, contending that its activity, which the U.S. Trustee's Office said disqualified the firm as counsel in the debtor's Chapter 11, was actually in the best interest of the company.

  • July 16, 2025

    Pages From Restructuring History: BigLaw And Bankruptcy

    Bankruptcy is a BigLaw menu item staple, with most large law firms having practice groups dedicated to in-court and out-of-court restructurings. But that wasn't always the case.

  • July 16, 2025

    Scanrock Oil & Gas Gets OK For Vote On Ch. 11 Plan

    A Texas bankruptcy judge gave Scanrock Oil & Gas permission Wednesday to send its Chapter 11 plan out for a creditor vote after the hydrocarbon driller answered objections by giving royalty owners a claim on property sale revenues.

  • July 16, 2025

    Meet The Attys For Gambling Biz Maverick In Ch. 11

    Casino and hotel operator Maverick Gaming has put together a team of attorneys from Hunton Andrews Kurth LLP and Latham & Watkins LLP to see it through Chapter 11 as the company plans a sale of its assets.

Expert Analysis

  • 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

    Excerpt from Practical Guidance
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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.

  • What Being An 'Insider' Means In Ch. 11, And Why It Matters

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    As borrowers grapple with approaching near-term maturities on corporate debt, lenders should be proactive in mitigating the risks of being classified as an insider in potential bankruptcies, including heightened scrutiny, preference risk, plan voting and more, say David Hillman and Steve Ma at Proskauer.

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