Mid Cap

  • September 05, 2025

    Dolphin Co. Unit Scores Final Approval For $129M DIP

    A Delaware bankruptcy judge granted final approval Friday to a bankruptcy financing request from an insolvent subsidiary of The Dolphin Co., allowing the debtor to access up to $129 million, in a ruling that was delayed for months due to what the company described as obstruction by its former CEO in the provision of key financial information.

  • September 05, 2025

    Not That Zuckerberg: Atty Sues Meta Over FB Page Takedown

    Indianapolis bankruptcy attorney Mark S. Zuckerberg is suing Meta Platforms Inc. after his firm's commercial Facebook account was repeatedly suspended because of his shared name with the tech company's CEO and founder.

  • September 05, 2025

    Conn. Biotech Hits Ch. 11 With $2.7M Debt After Patent Suit

    A Connecticut biotech company has filed a voluntary Chapter 11 petition claiming at least $2.7 million in liabilities, mostly debts to Quinn Emanuel Urquhart & Sullivan LLP and Verrill Dana LLP, after both law firms represented it in a since-settled Massachusetts stem cell patent lawsuit.

  • September 05, 2025

    Ex-Bankruptcy Clients Defend Deal Over Jackson Walker Affair

    Former Jackson Walker LLP bankruptcy clients said Friday that a proposed settlement meant to resolve a dispute regarding the concealed romance between a judge and attorney should go through as planned because the U.S. Trustee lacks jurisdiction to challenge the deals.

  • September 05, 2025

    Rochester Diocese's $246M Abuse Settlement Plan Approved

    A New York bankruptcy judge on Friday approved the Roman Catholic Diocese of Rochester's $246 million Chapter 11 plan to the sound of applause as a six-year-old effort to craft a plan to pay sexual abuse claimants rolled to a conclusion.

  • September 04, 2025

    Colo. Developer Says Wash. Atty Botched Bankruptcy Case

    A Colorado company has hit a law firm and one of its former bankruptcy attorneys with a legal malpractice suit in Washington federal court, alleging that the defendants' "negligence" caused the business to lose properties worth more than $5 million in its Chapter 11 case.

  • September 04, 2025

    San Francisco Archdiocese Claimants Must Refile Affiliate Suit

    A California bankruptcy judge on Thursday told the unsecured creditors committee in the Chapter 11 of the Archdiocese of San Francisco to refile a complaint seeking to declare parish assets estate property, saying the "substance" of the arguments was enough to go forward to trial.

  • September 04, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    FTX's recovery trust sued a former executive to recoup potential fraudulent transfers it alleged were used to buy Maryland real estate. A lender for two bankrupt sand mining companies in Texas asked for the debtors' cases to be moved from the Northern District of Texas to the state's western district. And the city of Pittsburgh raised red flags around the sale of an affordable housing complex through a bankruptcy sale it argued could be abetting fraud. 

  • September 04, 2025

    Solar Co. Mosaic Gets OK For Debt-For-Equity Ch. 11 Plan

    A Texas bankruptcy judge Thursday approved residential solar panel financing firm Mosaic's plan to reorganize and hand ownership of its loan servicing business to its secured lender, after no buyers came forward at a Chapter 11 auction.

  • September 04, 2025

    NJ Judge Greenlights Ch. 11 Plan For Real Estate Firm

    A New Jersey federal judge said Thursday he will approve a Chapter 11 plan for a troubled real estate investment firm that includes selling an affordable housing complex in Pittsburgh and creating a litigation trust to recover hundreds of millions allegedly stolen by the company's now-imprisoned founder.

  • September 04, 2025

    Judge OKs 3D Printing Co.'s $7.25M In Ch. 11 Sales

    A Texas bankruptcy judge on Thursday approved two sales of Desktop Metal's remaining U.S. operating assets totaling $7.25 million, as the bankrupt 3D printing company looks to quickly exit Chapter 11.

  • September 03, 2025

    FINRA Targets Ex-Synapse Officers Over Supervisory Failures

    The Financial Industry Regulatory Authority has filed an enforcement action against two former executives of a subsidiary of bankrupt fintech company Synapse, alleging that they failed to properly supervise the subsidiary's cash management program ahead of the middleware provider's collapse.

  • September 03, 2025

    3rd Circ. Says Preclusion Ends NJ Foreclosure Fight

    The Third Circuit affirmed a bankruptcy court's order allowing Nationstar Mortgage to proceed with a home foreclosure sale, finding that the homeowner was trying to relitigate the exact same issues she had already lost in state court.

  • September 03, 2025

    Silvergate's $37.5M Investor Settlement Gets Final OK

    Investors of failed, cryptocurrency-focused Silvergate Bank secured a California federal judge's final approval Wednesday for their $37.5 million settlement of claims alleging the bank misrepresented its safeguards against onboarding customers like the collapsed, fraud-ridden crypto exchange FTX.

  • September 03, 2025

    Quinn Emanuel Looks To Shut Down Mexican Doc Bid

    Quinn Emanuel has asked a Miami federal court to end a Mexican oil company's request for documents relating to three criminal proceedings and in one bankruptcy action, all pending in Mexico, arguing that the requested discovery may be conducted without the aid of U.S. courts.

  • September 03, 2025

    23andMe Can Invest Cash In Treasury Bond Fund For Ch. 11

    A Missouri bankruptcy judge Wednesday agreed to waive certain deposit restrictions to allow consumer DNA testing group 23andMe to move $265 million to a higher-yielding fund, overruling risk concerns.

  • September 03, 2025

    SilverRock Gets More Time To Control Its Ch. 11 Case

    Bankrupt California resort developer SilverRock Development received approval to extend the exclusive control window in its Chapter 11 case for four months, with a Delaware judge saying the debtor has made enough progress in the complex proceedings to warrant the extension.

  • September 03, 2025

    Liberace Piano Dispute Returns To 1st Circ. After Gibson Win

    A Massachusetts music shop took its campaign to hold onto Liberace's rhinestone-encrusted piano to the First Circuit for the second time Wednesday, telling the appellate court that Gibson Guitars should never have been allowed to ask a jury for its return.

  • September 03, 2025

    Meet The Attorneys Guiding Walker Edison's Ch. 11

    A team of lawyers from Morris Nichols Arsht & Tunnell LLP is leading the bankruptcy case of online furniture retailer Walker Edison as the company plans to sell its assets in Chapter 11.  

  • September 03, 2025

    Nationwide Unit Needn't Cover Restaurateur In Fraud Disputes

    The former co-manager of a defunct Colorado restaurant venture cannot get coverage for a suit alleging he defrauded a lender and a separate bankruptcy proceeding, a New York federal court ruled, finding a Nationwide unit has no duty to defend him under a policy issued to the entity he partnered with.

  • September 03, 2025

    Sullivan & Cromwell Hires Ex-Asst. To The Solicitor General

    Sullivan & Cromwell LLP announced Wednesday that it has hired a former assistant to the solicitor general whose wealth of appellate experience includes six arguments before the U.S. Supreme Court.

  • September 03, 2025

    Monster.com To Take Votes On Ch. 11 Plan After Creditor Deal

    A Delaware bankruptcy judge on Wednesday approved job-search site CareerBuilder + Monster's bid to send its Chapter 11 plan to creditors for voting after the debtor struck a deal that could help holders of unsecured claims land a recovery.

  • September 03, 2025

    Nikola Corp. Settles SEC Objection To Ch. 11 Plan For $4M

    Electric-truck maker Nikola Corp. told a Delaware bankruptcy judge that it had resolved an objection to its Chapter 11 liquidation plan by the U.S. Securities and Exchange Commission, agreeing to pay $4 million in cash after the agency challenged what it called Nikola's attempt to unfairly subordinate an $80 million civil penalty claim.

  • September 03, 2025

    Catching Up With New Bankruptcy Case Action

    Budget air carrier Spirit Airlines landed in bankruptcy again in New York. Utah-based furniture retailer Walker Edison filed for Chapter 11 in Delaware while it presses on with litigation against its former owners. And a Florida kitchen equipment supplier is seeking to reorganize its debt after running into supply chain and quality issues.

  • September 03, 2025

    Asbestos Claimants Decry Canadian Miner's Ch. 15 Bid

    Personal injury claimants and a Chapter 7 trustee urged a New York bankruptcy judge to deny Chapter 15 recognition for Asbestos Corp.'s Canadian restructuring, saying it has more ties to the U.S. where it faces thousands of lawsuits.

Expert Analysis

  • Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

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    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Despite Dark Clouds, Outlook For US Solar Has Bright Spots

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    While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.

  • Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

  • 9th Circ. Has Muddied Waters Of Article III Pleading Standard

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    District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.

  • Competing In Modern Pentathlon Makes Me A Better Lawyer

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    Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.

  • Law School's Missed Lessons: Teaching Yourself Legal Tech

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    New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.

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