Large Cap
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March 04, 2026
Office Building REIT Inks $60M Deal With Noteholders
Office Properties Income Trust, the national office space owner and leasing company, has tentatively agreed to pay $60 million to a group of secured noteholders over roughly seven months as part of a settlement that will be worked into a revised Chapter 11 plan.
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March 04, 2026
Ligado Can Claw Back Emails In Ch. 11 Discovery With Boeing
Emails that Ligado accidentally provided to Boeing are privileged, and it can demand their return, a Delaware bankruptcy judge ruled Wednesday, as the reorganized telecommunications group and aerospace giant gear up for a $55 million claim fight.
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March 04, 2026
Looking Back As Boy Scouts Asks To Close 6-Year Ch. 11
The Boy Scouts of America has asked the Delaware bankruptcy court to officially close its main insolvency proceeding with a final decree, six years to the day since the nationwide youth organization said it would seek a fast exit from Chapter 11.
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March 04, 2026
Eddie Bauer Stores Cancel Ch. 11 Auction For Lack Of Bidders
Bankrupt clothing retailer Eddie Bauer LLC has spiked a planned auction for its assets, saying it received zero qualified bids.
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March 04, 2026
BakerHostetler Aided Illegal Insurance Scheme, Trustee Says
BakerHostetler, along with one of its Atlanta-based attorneys, is the latest law firm to be accused of legal malpractice related to an illegal scheme that sold health insurance-like products.
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March 03, 2026
Crystallex $15M Fee Request Justified, Special Master Says
A lawyer for the special master overseeing the auction of Citgo to satisfy billions of dollars' worth of Venezuelan debt has defended his request for more than $15.3 million in fees on top of nearly $63 million already paid, saying the request follows an "extraordinarily complex" sale process.
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March 03, 2026
First Brands Factor Urges Court To Order $61M Set Aside
A third-party factor lender to embattled auto parts-maker First Brands Group wants the debtor to set aside $60.5 million in cash to ensure the lender is adequately protected, saying First Brands is relying on funds that may be promised to other factors to make guarantees about the factor's collateral.
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March 03, 2026
Opt-Out Releases Nixed For Buffalo Diocese's Ch. 11 Ballots
The Roman Catholic Diocese of Buffalo must redesign ballots for its Chapter 11 plan after a New York bankruptcy judge held opt-out boxes could not be used to tally creditor consent to third party releases.
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March 03, 2026
Eletson Says Ch. 11 Arrest Warrants Are 'Logical Next Step'
Reorganized shipping company Eletson Holdings Inc. has told a New York bankruptcy judge that arrest warrants for ex-officials of the company are an appropriate, incremental action in a months-long quest to obtain depositions from individuals facing court judgments.
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March 03, 2026
Multi-Color Lenders Call Lien Challenge Waste Of Time
Barclays Bank is asking a New Jersey bankruptcy judge to dismiss a suit challenging liens against Multi-Color Corp., saying the suit is unnecessary since the bankrupt global label-maker's reorganization plan will be before the court by the end of the month.
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March 03, 2026
Catching Up With New Bankruptcy Case Action
The iPic movie theater chain hit Chapter 11 in Florida, a Chicago racetrack entered bankruptcy protection in the Prairie State and a real estate investment trust accused of being a Ponzi scheme began its own insolvency.
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March 03, 2026
Bankruptcy Expert Details Human Costs Of A Hospital Ch. 11
Melanie Cyganowski of Otterbourg PC, a former federal bankruptcy judge in New York, talks to Law360 Healthcare Authority about successor liability, regulatory hurdles and some of the hidden costs of hospital bankruptcies.
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March 02, 2026
5th Circ. Presses McDermott Shareholders On Direct Claim
A Fifth Circuit panel wanted to know why investors should get another shot at a direct class action alleging that McDermott International Inc. made misrepresentations about a $6 billion merger, asking Monday if the case before the court was "analogous" to a case alleging the company overpaid for the merger.
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March 02, 2026
Ch. 11 Judge Orders FAT Brands CEO To Be Deposed
The chief executive officer of bankrupt restaurant chain owner FAT Brands Inc. must sit for a deposition as noteholders prepare to pursue their bid to give control of the case to a Chapter 11 trustee.
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March 02, 2026
Saks, Simon Properties Argue Fate Of Store Leases
Retail landlord Simon Properties and luxury retailer Saks Global on Monday wrangled over the wording of a 2024 investment agreement as they asked a Texas bankruptcy judge to determine the fate of the leases of two Saks locations.
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March 02, 2026
Cadwalader Continues Restructuring Growth With UK, US Duo
Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.
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March 02, 2026
J&J Unit Wins Bid To Revive Talc Libel Suit With New Basis
A New Jersey federal judge has revived a bankrupt Johnson & Johnson talc subsidiary's trade libel claim over a 2020 scientific article linking asbestos in talc to mesothelioma, finding that new evidence and allegations concerning the authenticity of the author's data are enough to survive a motion to dismiss.
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March 02, 2026
NJ's Newest Bankruptcy Judge Is An Ex-Assistant US Attorney
A former assistant U.S. attorney is New Jersey's newest bankruptcy judge, bringing with him experience representing federal agencies in bankruptcy and creditors in large cases like General Motors' 2009 reorganization.
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March 02, 2026
Eddie Bauer LLC Settles For $3.1M With Warehouser GXO
Bankrupt clothing retailer Eddie Bauer LLC has agreed to resolve a more than $8.84 million claim from GXO Logistics Supply Chain Inc. for $3.1 million.
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March 02, 2026
PosiGen Can Wind Down, Tilson's Ch. 11 Dismissed
Solar panel co. PosiGen was given the green light to wind down, fiber network Tilson's Chapter 11 case was dismissed, and Mallinckrodt's bankruptcy prevented antitrust payouts.
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March 02, 2026
Serta Simmons Lenders Kick Off Trial On 'Uptier' Deal Claims
Lenders to Serta Simmons Bedding presented opening arguments on Monday in a trial in Texas bankruptcy court over whether investors excluded from the mattress maker's 2020 "uptier" debt exchange should be awarded damages, a dispute that could have sweeping effects on debt finance markets.
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February 27, 2026
'Lack Of Adversity' Stops Court From Ending Biden SAVE Plan
A Missouri federal judge dismissed a coalition of Republican-led states' lawsuit challenging a Biden-era student debt relief plan, saying Friday he can't end the plan like the Trump administration wanted given the "apparent lack of adversity" in the suit between the states and the administration.
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February 27, 2026
Optimum Says Apollo, BlackRock Bullied Kirkland Withdrawal
Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal court complaint to also accuse the companies of "bullying" Kirkland & Ellis LLP into withdrawing as its transaction counsel.
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February 27, 2026
Inmarsat Gets Stay Of Bankruptcy Court Order In Ligado Case
A Delaware federal judge on Friday granted Inmarsat Global Ltd.'s emergency request to stay a bankruptcy court order requiring the Viasat unit to support a spectrum-rights application filed by telecommunications group Ligado Networks and AST SpaceMobile Inc., saying he would hear an expedited appeal of the case.
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February 27, 2026
Kluger Kaplan Exiting $500M Miss America Ownership Battle
Kluger Kaplan attorneys said Friday they can no longer represent a businessman in a $500 million dispute over the ownership of the Miss America pageant, after a Florida federal court's questions to the lawyers about documents the court has found to be fraudulent put them in conflict with their client.
Expert Analysis
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Law School's Missed Lessons: Be An Indispensable Associate
While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.
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23andMe Case Highlights Privacy Complexities In Ch. 11
Attorneys at Pryor Cashman discuss the interplay between a sale of personally identifiable information and bankruptcy law in light of genetics and health company 23andMe's recent filing for Chapter 11 relief.
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Birding Makes Me A Better Lawyer
Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.
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Adapting To Private Practice: From DOJ Leadership To BigLaw
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.
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Law Firm Executive Orders Create A Legal Ethics Minefield
Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.
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Firms Must Embrace Alternative Billing Models Or Fall Behind
As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.
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How Attorneys Can Master The Art Of On-Camera Presence
As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.
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Baseball Fantasy Camp Makes Me A Better Lawyer
With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.
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Adapting To Private Practice: From Fed. Prosecutor To BigLaw
Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.
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Perfecting Security Interests In Renewable Energy Tax Credits
The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson.
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Firms Still Have Lateral Market Advantage, But Risks Persist
Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.
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We Must Allow Judges To Use Their Independent Judgment
As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.
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Performing Stand-Up Comedy Makes Me A Better Lawyer
Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.