Large Cap
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March 31, 2026
Beasley Allen Seeks Stay Of DQ In Federal J&J Talc MDL
The Beasley Allen Law Firm asked a New Jersey federal court on Monday to hold off on disqualifying it from talc litigation against Johnson & Johnson while it appeals the disqualification order which it called "unprecedented and incorrect."
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March 30, 2026
Burford Considers Arbitration After 2nd Circ. Tosses $16B Win
Burford Capital Ltd. says it is contemplating taking its $16 billion fight with Argentina into international arbitration after the Second Circuit wiped out a judgment the litigation funding firm had won against the nation in New York federal court, sending its stock prices tumbling.
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March 30, 2026
Del Monte Says Lenders' Appeal Belongs In District Court
Del Monte Foods has urged a New Jersey bankruptcy judge to deny a lender group's request to certify a settlement order for direct appeal to the Third Circuit, arguing that the group's challenge to the Chapter 11 deal should play out in district court instead.
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March 30, 2026
Ligado Settlement Payment Owed To Inmarsat Sent To Escrow
A Delaware bankruptcy judge Monday diverted a $100 million settlement payment that bankrupt telecom company Ligado Networks owed to satellite operator Inmarsat into escrow after Ligado alleged Inmarsat breached the deal.
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March 30, 2026
First Brands Seeks To Sell Wiper, Filter Biz For $25M In Ch. 11
Auto parts maker First Brands is asking a Texas bankruptcy judge for rapid approval of a proposed $25 million sale of several of its filter and windshield wiper brands, saying it has no going-concern offers and that the businesses are bleeding customers and value.
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March 30, 2026
Steward Health Creditor Trustee Sues Aetna For $6.4M
The leader of a creditor litigation trust in Steward Health Care's bankruptcy case has launched an adversary proceeding in Texas bankruptcy court against Aetna Health, saying the insurer has refused to pay $6.36 million owed to hospitals formerly owned by Steward.
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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
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.
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March 27, 2026
Ardagh Unit Gets Ch. 15 OK Despite Noteholders' Objection
A subsidiary of sustainable metal and glass packaging company Ardagh Group has received Chapter 15 recognition in New York of its restructuring proceedings pending in Luxembourg, over an objection from payment-in-kind noteholders.
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March 27, 2026
2nd Circ. Tosses $16B YPF Judgment Against Argentina
A panel of the Second Circuit Court of Appeals reversed a New York judge's $16 billion judgment against Argentina arising from its nationalization of the country's largest oil and gas exploration company, saying Friday Argentine law doesn't obligate the country to comply with YPF SA's corporate bylaws.
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March 27, 2026
NY Diocese, Abuse Claimants Reach $148M Ch. 11 Deal
The Roman Catholic Diocese of Albany, New York, has agreed to pay $148 million as part of a settlement reached with a committee of sexual abuse claimants in its Chapter 11, it announced Friday.
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March 27, 2026
Meet The Attorneys Guiding Lycra Through Ch. 11
Fiber manufacturer The Lycra Co. has recruited an experienced team of bankruptcy attorneys from Linklaters LLP and Haynes Boone to guide it through a prearranged Chapter 11 restructuring.
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March 27, 2026
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy courts this week will consider objections to the retention of Jones Day in mining company Vanderbilt Minerals' Chapter 11 case, a motion by telecommunications company Ligado to postpone a $100 million payment, and approval of an equity rights offering tied to Office Properties Income Trust's Chapter 11 plan.
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March 27, 2026
NYC Sheds FDIC's Claim For Silicon Valley Bank Tax Refund
A D.C. federal court said Friday it does not have the authority to order New York City to issue a tax refund sought by the Federal Deposit Insurance Corp. in its capacity as receiver of the failed Silicon Valley Bank.
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March 27, 2026
House Reps. Call For Ch. 11 Forum Shopping Crackdown
Two lawmakers have proposed new legislation in the U.S. House of Representatives to set stricter rules on which jurisdictions a company may declare bankruptcy in, saying reform is needed to curtail debtors selecting favorable venues outside their home state.
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March 27, 2026
Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum
Apollo, Ares, BlackRock and other major financial companies have denied Optimum Communications' claims accusing them of "bullying" Kirkland & Ellis LLP into withdrawing as the telecommunications company's transaction counsel to get revenge for a collusion lawsuit filed in New York federal court.
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March 27, 2026
Polsinelli Hires Practice Head From McDermott In NY
Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."
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March 27, 2026
NJ Federal Judge DQs Beasley Allen In J&J Talc MDL
A New Jersey federal judge has disqualified the Beasley Allen Law Firm from representing hundreds of plaintiffs in sprawling multidistrict litigation over Johnson & Johnson's talc-based baby powder, holding that the firm violated ethics rules by collaborating with former outside counsel for J&J, a ruling the law firm has vowed to appeal.
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March 27, 2026
Eddie Bauer Stores Lift Unsecured Creditor Pot To $3M
A company operating Eddie Bauer retail stores said Friday it will increase funding for unsecured creditors in its Chapter 11 plan from $250,000 to up to $3 million after securing a deal with its lenders and creditors on how to distribute proceeds from the debtor's going-out-of-business sales.
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March 27, 2026
Multi-Color Gets OK For Halved DIP And Rollup
Label-maker Multi-Color Corp. got approval Friday for half of the $125 million in Chapter 11 financing it was seeking after a New Jersey bankruptcy judge signed off on a proposal that also cut the rollup of prepetition debt in half.
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March 27, 2026
Simpson Thacher Adds 2 Ex-Kirkland Restructuring Partners
Two former Kirkland & Ellis LLP restructuring attorneys have joined Simpson Thacher & Bartlett LLP as partners in the capital structure solutions practice.
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March 26, 2026
Meet The Attys For FAT Brands' Official Creditors Committee
A team of seasoned Paul Hastings LLP professionals is representing the official committee of unsecured creditors of restaurant franchisor FAT Brands Inc. in Texas bankruptcy court.
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March 26, 2026
Multi-Color's DIP Loan Up In The Air As Judge Balks At Rollup
A New Jersey bankruptcy judge on Thursday said he wasn't ready to give final approval to a debt rollup proposed in Multi-Color Corp.'s Chapter 11 case, throwing into question one of the postpetition financing backers' willingness to fund the debtor's operations.
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March 26, 2026
Senators File Amicus In Bestwall High Court Appeal
Three U.S. senators are backing the asbestos claimants of Bestwall in their bid to take their challenge of the Georgia-Pacific spinoff's so-called Texas two-step bankruptcy to the U.S. Supreme Court, saying the high court must close a loophole the Fourth Circuit has created that allows nonbankrupt corporations to avoid tort liability.
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March 26, 2026
Under The Radar: Bankruptcy News You May Have Missed
Investment firm Jump Trading and its co-founder moved for dismissal of a lawsuit from the administrator for bankrupt cryptocurrency company Terraform Labs. A New Mexico industrial building owner is appealing a New York bankruptcy judge's approval of a disclosure statement from a secured creditor. And the new owner of fundraising technology company Flipcause sought to reassure nonprofits that it would run the platform differently than its previous operator.
Expert Analysis
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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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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.
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Calif. Banking Brief: All The Notable Legal Updates In Q4
The regulatory and litigation developments for California financial institutions in the fourth quarter of 2025 were incremental but consequential, with the Department of Financial Protection & Innovation relying on public enforcement actions to articulate expectations, and lawmakers and privacy regulators playing a role as well, says Stephen Britt at Stinson.
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4 Ways GCs Can Manage Growing Service Of Process Volume
As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.