Large Cap

  • June 23, 2025

    Imerys Ditches Italian Talc Unit In Updated Ch. 11 Plan

    Bankrupt talc producer Imerys Talc America has filed an updated Chapter 11 plan that contemplates the dismissal of its Italian subsidiary from the case, noting that skepticism from a Delaware bankruptcy judge about the unit's ability to survive a challenge to its bankruptcy filing led to the decision.

  • June 23, 2025

    23andMe Sale Nears Ruling, Tariff Policies Drive Bankruptcy

    A Missouri bankruptcy judge said he will soon rule on the proposed $305 million sale of 23andMe to a nonprofit led by its co-founder. Meanwhile, shifting tariff policies under President Donald Trump have been blamed for recent bankruptcies, and experts at a conference in New York discussed the future of Chapter 11 and how a second Trump term could shape bankruptcy law.

  • June 23, 2025

    Wolfspeed To File Ch. 11 With Plan To Cut $4.6B Debt

    Semiconductor manufacturer Wolfspeed Inc. said it plans to file for Chapter 11 bankruptcy in the near future as part of a restructuring plan to reduce its total debt by approximately 70%, which is approximately $4.6 billion.

  • June 23, 2025

    Flagstar Says NYC Landlord's Entities Can't Use Collateral

    Flagstar Bank is urging a New York bankruptcy court not to let a New York City landlord's 82 entities use almost $30 million of the bank's collateral for other purposes, such as administrating their Chapter 11 cases and running their operations.

  • June 23, 2025

    Exela Gets OK For $1.25B Debt-Swap Ch. 11 Plan

    A Texas bankruptcy judge on Monday approved a $1.25 billion Chapter 11 restructuring for units of business automation group Exela Technologies, saying the plan had creditor support and the creditor claim releases were voluntary.

  • June 23, 2025

    Ligado's AST Satellite Deal With $550M For Inmarsat Gets OK

    A Delaware bankruptcy judge Monday approved insolvent satellite business Ligado Networks' deal with AST SpaceMobile Inc. that lets the companies work together to develop space-based broadband services, clearing a key hurdle in the debtor's path to securing confirmation of a restructuring plan that aims to cut almost $8 billion in debt.

  • June 23, 2025

    Delaware Firm Richards Layton Names New Leadership Team

    Delaware firm Richards Layton & Finger PA announced Monday that bankruptcy attorney Paul N. Heath has been elected to serve as its next president starting July 1 and will be joined on the firm's leadership team by two other firm directors, Jeffrey L. Moyer and Matthew S. Criscimagna.

  • June 20, 2025

    Real Estate Recap: Senior Living, Data Centers, CEQA

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney insights into a senior housing surge, data center construction, and the Golden State's latest efforts to spur housing construction without upsetting the California Environmental Quality Act.

  • June 20, 2025

    2nd Purdue Plan Heading For Creditor Vote, Nov. Hearing

    A New York bankruptcy judge Friday set OxyContin maker Purdue Pharma's second try at a bankruptcy plan on course for a November confirmation hearing, clearing the plan disclosure statement to be sent out for a creditor vote.

  • June 20, 2025

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

    This past week in London has seen Pogust Goodhead face legal action from mining giant BHP Group, Trainline bring a procurement claim against the Department for Transport, Sworders auction house sue Conservative peer Patricia Rawlings, and Nokia hit with a patents claim by Hisense. Here, Law360 looks at these and other new claims in the U.K.

  • June 20, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges will consider Exela Technologies' Chapter 11 plan and disclosure statement, decide whether Party City can solicit creditor votes on its plan, rule on the roughly $7 million asset sale of Publishers Clearing House, and address second-day motions in Everstream Solutions' case.

  • June 20, 2025

    NJ Court Greenlights Beasley Allen Attys In Talc Litigation

    A New Jersey state judge will allow two Beasley Allen Law Firm attorneys to represent a California couple in their suit accusing Johnson & Johnson of selling carcinogenic talc-based baby powder and appear pro hac vice despite the company's vehement opposition.

  • June 20, 2025

    White And Williams Hires 6, Launches 3 New Practices

    White and Williams LLP announced this week that it has welcomed six Northeastern attorneys to its business department, two of whom will lead three new practice areas for the firm.

  • June 18, 2025

    Purdue Pharma Seeks Vote On New $8B Ch. 11 Plan

    Close to a year after the U.S. Supreme Court shot down an earlier version of its Chapter 11 plan, OxyContin maker Purdue Pharma was before a New York bankruptcy judge Wednesday to ask for permission to send its revised plan out for a creditor vote.

  • June 18, 2025

    FCC Approves Windstream-Uniti Tie-Up

    The Federal Communications Commission signed off on Windstream's merger with Uniti Group Inc. on Wednesday, approving the transfer of Windstream, Uniti and their respective subsidiaries to the newly formed New Windstream LLC.

  • June 18, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    The Roman Catholic diocese in Buffalo, New York, was ordered to use only a share of proceeds from the sale of a seminary building for a settlement with sexual abuse survivors. Meanwhile, a charter school funding company asked a bankruptcy judge to approve its speedy Chapter 11 sale process. And bankrupt electric-vehicle maker Nikola Corp. requested more time to draft its liquidation plan.

  • June 18, 2025

    Eversheds Sutherland Adds Ex-Kelley Drye Restructuring Atty

    Eversheds Sutherland announced Tuesday the hiring of a New York-based counsel formerly of Kelley Drye & Warren LLP for its U.S. finance practice group.

  • June 18, 2025

    Altice France Files Ch. 15 In New York With $22B In Debt

    Telecom company Altice France SA has asked a New York bankruptcy judge to recognize its French insolvency, saying it has over €19.2 billion ($22 billion) in debt and citing pressures from rising costs and increased competition.

  • June 17, 2025

    Retailer At Home Can Tap $75M Of Its $600M Ch. 11 Funding

    A Delaware bankruptcy judge Tuesday gave initial approval to furniture and decor retailer At Home's $600 million debtor-in-possession loan, freeing up $75 million in new funds, as it looks to trim $1.6 billion of debt from its balance sheets in Chapter 11.

  • June 17, 2025

    Pa. Landlord Says Kohl's Can't Skirt Lease, Shield Profits

    The owner of a Pottstown, Pennsylvania, mall has accused Kohl's of attempting to unilaterally terminate its lease and duck payment obligations while liquidating merchandise to which the landlord was entitled, according to a lawsuit filed in federal court.

  • June 17, 2025

    Kidde-Fenwal Ch. 11 Disclosure Needs More Info, Judge Says

    A Delaware bankruptcy judge overruled objections to the plan disclosure from firefighting foam maker Kidde-Fenwal but said more information was needed about how different claims would be treated.

  • June 17, 2025

    Catching Up With New Bankruptcy Case Action

    Tariff-related uncertainty led home furnishing retailer At Home Group Inc. and automotive parts manufacturer Marelli Corp. to file for bankruptcy, Florida-based Contour Spa cited rapid expansion as a key reason for its financial downfall, and a firm behind a major hospital redevelopment project in Detroit filed for Chapter 11 after failing to meet its commitments to the city.

  • June 17, 2025

    Judge OKs Deal To End LeClairRyan Founder Tax Claims

    A Virginia bankruptcy judge Tuesday approved a settlement striking LeClairRyan PLLC founder Gary LeClair from the list of owners of the defunct firm, relieving him of responsibility for a share of the firm's nearly $21 million in tax liabilities.

  • June 17, 2025

    Yellow Corp. Judge Tables MFN's Push For Ch. 7 Conversion

    Bankrupt trucking firm Yellow Corp. on Tuesday defeated shareholder MFN Partners' bid to convert the company's Chapter 11 case to a Chapter 7 liquidation, persuading a Delaware federal judge to give the debtor more time to work on a bankruptcy plan as legal fees in the almost two-year-old case continue to swell.

  • June 17, 2025

    WeightWatchers Cleared To Exit Ch. 11 And Cut $1.15B In Debt

    WeightWatchers on Tuesday secured a Delaware bankruptcy judge's blessing to exit Chapter 11 less than two months after filing the case with a leaner balance sheet and new owners, allowing the dieting company to refocus its business after new weight-loss drugs threatened its main product.

Expert Analysis

  • 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.

  • How AI May Reshape The Future Of Adjudication

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    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

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    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

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    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • Law School's Missed Lessons: Appreciating Civil Procedure

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    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • How Attorneys Can Become Change Agents For Racial Equity

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    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.

  • Running Marathons Makes Me A Better Lawyer

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    After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.

  • Law School's Missed Lessons: Supporting A Trial Team

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    While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.

  • Adapting To Private Practice: From US Attorney To BigLaw

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    When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.

  • The Ins And Outs Of Consensual Judicial References

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    As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.

  • The BigLaw Settlements Are About Risk, Not Profit

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    The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.