Large Cap

  • February 25, 2026

    Lender In Fla. High-Rise Dispute Says $70M Loan Wasn't 'Free'

    A lender urged a Florida bankruptcy court on Wednesday to end an adversary proceeding alleging that it fraudulently induced the holder of a downtown Miami high-rise plot to accept the terms of a $70 million loan, arguing that the recipients are trying to get "free" money. 

  • February 25, 2026

    Levona Wants Permanent Injunction In Eletson Gas Spat

    Levona Holdings urged a New York district court to permanently bar the former majority shareholders of Eletson Gas from exercising any control over the company or interfering with Levona's ownership of the preferred interests in the company, several weeks after the federal court vacated a $102 million arbitration award in the feud.

  • February 25, 2026

    Financial Pressures Cause Bankruptcy Filings To Spike In Jan.

    Commercial and consumer bankruptcy filings in January increased significantly over their totals from a year ago, signaling a buildup of financial pressures that are causing cases to return to pre-pandemic rates, according to financial analysis company G2 Risk Solutions.

  • February 25, 2026

    Porta-Potty Co. Sees Quick Ch. 11 Exit After Plan Confirmed

    Porta-potty provider United Site Services Inc. is on track to exit bankruptcy later this week after a New Jersey bankruptcy judge confirmed its Chapter 11 plan with opt-out third-party releases intact, over the objection of a federal watchdog.

  • February 25, 2026

    Genesis Scores OK For $105M In New Ch. 11 Financing

    A Texas bankruptcy judge on Wednesday gave Genesis Healthcare permission to take out up to $105 million in new Chapter 11 financing to keep the nursing home group operating until it can close its asset sale.

  • February 25, 2026

    Conn. Insurance Chief Fights Intervention In Liquidation Row

    Connecticut's interim insurance commissioner urged a state court not to allow a pair of universal life policyholders that are over a $300,000 cap on death benefits to intervene in his plan to liquidate a struggling insurer, saying they are seeking an inequitable premium holiday on their policies.

  • February 24, 2026

    Judge Says 'Error' Kept Mallinckrodt Execs In Investor Suit

    Two former Mallinckrodt executives have escaped the only remaining claims they faced in an investor suit tied to the company's 2023 bankruptcy and share cancellations after a New Jersey federal judge said he made a "clear error" keeping them in the suit last year.

  • February 24, 2026

    High Court Won't Stay Dow Corning Breast Implant Fund Row

    The U.S. Supreme Court on Tuesday denied a request to stay a lower court's order permanently wiping out the claims of more than 2,600 Koreans who said they were failed by how the settlement was structured, as they were given notice only in English regarding their claims.

  • February 24, 2026

    Office Building REIT OK To Take Votes On $1.1B Debt-Cut Plan

    A Texas bankruptcy judge on Tuesday said he would allow Office Properties Income Trust to solicit votes on a Chapter 11 plan that would let the company cut about $1.1 billion in debt, reserving creditor objections to the proposal for a later hearing.

  • February 24, 2026

    Mallinckrodt's Ch. 11 Blocks Antitrust Payouts, Judge Rules

    A Connecticut federal judge has ruled that drugmaker Mallinckrodt PLC shrugged off monetary claims brought by states in a sprawling generic drug antitrust enforcement action when the company emerged from bankruptcy in 2022.

  • February 24, 2026

    Terraform Says Jane Street 'Insider Trading' Led To Ch. 11

    The administrator for bankrupt cryptocurrency company Terraform Labs has sued trading firm Jane Street in New York federal court over what Terraform says was an insider trading scheme to "front-run trading that hastened the collapse of Terraform."

  • February 24, 2026

    Saks, Simon Properties Spar Over Lease Terminations

    Counsel for luxury retailer Saks and retail landlord Simon Properties asked a Texas bankruptcy judge on Tuesday to rule if a $100 million deal in 2024 allows Simon to terminate two of Saks' leases.

  • February 24, 2026

    Spirit Reaches Ch. 11 Creditor Deal To Emerge By Summer

    Bankrupt budget airline Spirit Aviation Holdings announced Tuesday that it has reached an agreement with its secured creditors for a restructuring plan that will allow the company to emerge from Chapter 11 by summer with a streamlined aircraft fleet and improved flight offerings.

  • February 24, 2026

    BCLP Guides LA Development's $470M Bankruptcy Sale

    A sprawling mixed-use development project in downtown Los Angeles has been sold off as part of an ongoing Chapter 11 bankruptcy case in a $470 million transaction guided by Bryan Cave Leighton Paisner LLP.

  • February 24, 2026

    Catching Up With New Bankruptcy Case Action

    A company that provides natural gas compression equipment filed for Chapter 11 with more than $240 million in debt, a clay miner entered bankruptcy protection in response to an uptick in lawsuits, and a flavored air device maker asked U.S. courts to recognize its Canadian insolvency.

  • February 23, 2026

    Bankruptcy Pros See Parallels Between Dot-Com Era And AI

    Bankruptcy experts are saying the current enthusiasm for artificial intelligence has parallels with the early-2000s bubble of investment and debt in the online sector and the telecommunication industry.

  • February 23, 2026

    Bestwall Claimants Urge High Court To Hear Ch. 11 Challenge

    Asbestos claimants of Georgia-Pacific spinoff Bestwall have asked the U.S. Supreme Court to take up their challenge to Bestwall's "Texas two-step" bankruptcy, saying the Fourth Circuit created an "erroneous legal standard that incentivizes forum-shopping" when it allowed Bestwall to stay in Chapter 11 last year.

  • February 23, 2026

    US Trustee Says Steward Health Can't Close Ch. 11 Case Yet

    The U.S. Trustee's Office is opposing a move by Steward Health Care System to close its Texas bankruptcy cases, contending that while the debtor's plan has been confirmed, it is not yet effective and litigation over its plan is still pending. 

  • February 23, 2026

    Catching Up With Delaware's Chancery Court

    Legal fee feuds, noncompete pact breach fights and post-closing "earnout" battles piled up in Delaware's equity and commercial law venues last week, with top jurists briefing lawmakers on efforts to better manage crowded dockets and expanded benches.

  • February 23, 2026

    Saks' $5B DIP Gets Final OK, Biotech Co. Wants Credit Bid Bar

    Luxury retailer Saks can access the final portion of a more than $5 billion Chapter 11 loan, the Roman Catholic Diocese of Oakland and its creditors' committee will submit competing Chapter 11 plans, and a biotech firm says a last-minute bid change has stifled bankruptcy auction competition.

  • February 23, 2026

    Greenberg Glusker Adds Land Use, Corporate Attys In LA

    Greenberg Glusker Fields Claman & Machtinger LLP announced Monday the firm is expanding its ranks with the addition of two new partners to its Los Angeles office: a land use whiz from Jeffer Mangels & Mitchell LLP and a transactional ace from Prospera Law LLP.

  • February 23, 2026

    NJ Watchdog Takes File Fight In Hospital Row To 3rd Circ.

    A New Jersey watchdog will take its bid to shield investigative files from discovery in a hospital's antitrust suit to the Third Circuit, according to a court notice.

  • February 23, 2026

    Pretium's Ch. 11 Prepack Confirmed Over Opt-Out Objection

    Pretium Packaging LLC received approval Monday in New Jersey bankruptcy court for its prepackaged Chapter 11 plan of reorganization after a judge said an opt-out mechanism for third-party releases is a permitted means of gaining consent from creditors.

  • February 20, 2026

    McGlinchey Stafford Files Ch. 7 With Over $10M In Liabilities

    New Orleans-based firm McGlinchey Stafford PLLC, which announced last month that it's winding down operations after more than half a century, filed for Chapter 7 bankruptcy with more than $10 million in liabilities owed to former staff and attorneys, workplace vendors, financial institutions and other creditors.

  • February 20, 2026

    Secret Marketing Allegations Push Back Ch. 11 Sale Process

    A New Jersey bankruptcy judge extended by two weeks the sale process for the assets of global label maker Multi-Color Corp. after a cross-holder ad hoc group of hedge funds and investment managers accused the debtor of running a secretive marketing process.

Expert Analysis

  • Calif. Banking Brief: All The Notable Legal Updates In Q4

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    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.

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    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.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    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.

  • The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

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    While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential risks to their business model and the power supply arrangements they rely on appear on the horizon, says Mark Sherrill at Chamberlain Hrdlicka.

  • 3 Notable Developments In Ch. 15 Bankruptcy This Year

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    Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified the framework of Chapter 15 surrounding nonparty releases, reinforced the principles of a debtor's center of main interest in the face of extensive mass tort litigation, and reviewed synthetic cross-border proceedings, say attorneys at Troutman.

  • Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

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