Large Cap
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January 13, 2026
Sunnova Creditors Balk At Alvarez & Marsal Ch. 11 Fees
A trust representing creditors of Sunnova Energy has urged a Texas bankruptcy court to deny Alvarez & Marsal North America's request for a $4 million "completion fee" in Sunnova's Chapter 11, contending that it is not reasonable or court-approved.
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January 13, 2026
Beasley Allen Talc Work Sends 'Bad Signal,' J&J Says
Johnson & Johnson's talc unit told a New Jersey appeals panel on Tuesday that a lower court's ruling permitting Beasley Allen Law Firm attorneys to represent plaintiffs in multicounty litigation over its talc-based baby powder "sends a very bad signal" to the state bar.
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January 13, 2026
Flaster Greenberg Names 3 Pa. Attys To Board Of Directors
Midsize firm Flaster Greenberg has recently expanded its board of directors with the addition of three attorneys based out of the firm's offices in the Philadelphia region.
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January 13, 2026
NY Judge Vacates Eletson's $102M Arbitral Award
A Manhattan federal judge has vacated a $102 million arbitral award issued to international shipping company Eletson Holdings, saying, "The evidence is clear and convincing that Eletson committed fraud in the arbitration," and misled the arbitrator.
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January 13, 2026
Catching Up With New Bankruptcy Case Action
Freight company STG Logistics Inc. entered bankruptcy protection in New Jersey with up to $10 billion in liabilities, prison phone company Smart Communications filed for Chapter 11 in Florida in connection with an ownership fight, and D.C.-based chain Compass Coffee hit Chapter 11 amid rent disputes with landlords.
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January 12, 2026
SunPower Execs Ink $11M Investor Deal Amid Bankruptcy
Former top executives of now-bankrupt solar power equipment company SunPower have settled with investors to end claims in California federal court alleging the company concealed the destitute state of its finances for several months.
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January 12, 2026
Tricolor Judge Pauses Ex-CEO's Bid To Access D&O Coverage
A Texas bankruptcy judge on Monday declined to approve former Tricolor CEO Daniel Chu's attempt to access the subprime lender's directors and officers insurance to pay for his legal expenses as he faces fraud charges, saying she would issue a ruling later on the request.
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January 12, 2026
House Passes Bill To Double Ch. 7 Trustee Fee
A bipartisan bill doubling the fixed per-case fees for Chapter 7 trustees is headed to President Donald Trump for a signature, after the U.S. House of Representatives passed it Monday night.
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January 12, 2026
Prospect Medical Says Calif. Hospital Buyer Owes $11.6M
Prospect Medical Holdings Inc. has asked a Texas bankruptcy judge to order the buyer of its California hospitals to cough up $11.6 million owed under an asset purchase agreement inked last year, saying it's at risk of administrative insolvency.
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January 12, 2026
Thompson Coburn Adds 4 Attys In Dallas, NY From Gutnicki
Thompson Coburn LLP announced Monday that it has added three partners and an associate from Gutnicki LLP to bolster its financial restructuring and bankruptcy practice as well as its capacity to handle corporate and securities matters.
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January 12, 2026
JPMorgan Displaces Wells Fargo Atop Construction Debt Ranks
Ten U.S. banks held $5 billion or more in construction debt on the books as of the end of 2025's third quarter, with several banks trimming that figure from a quarter earlier and Wells Fargo and JPMorgan Chase swapping spots at the top.
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January 12, 2026
Genesis Picks New Stalking Bidder, J&J Gets Libel Hope
Genesis healthcare named its new stalking horse bidder in a rerun of its asset auction, a New Jersey federal judge signaled an intent to restart Johnson & Johnson's libel claim against the author of an article linking talc to mesothelioma and solar energy developer Pine Gate Renewables snagged approval of a $285 million sale of certain assets.
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January 12, 2026
STG Logistics Hits Ch. 11 With Over $1B Debt, Reorg Plans
STG Logistics Inc. and several affiliates filed for Chapter 11 protection in New Jersey bankruptcy court Monday with up to $10 billion in liabilities and an agreement with lenders to significantly trim the company's debt load.
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January 12, 2026
Justices Won't Hear Claims Highland Ch. 11 Judge Is Biased
The U.S. Supreme Court on Monday declined to hear arguments from the founder of hedge fund Highland Capital Management that the judge who presided over Highland's bankruptcy case was biased, and that two novels she has published prove it.
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January 12, 2026
Justices Won't Hear Hertz's $272M 'Solvent Debtor' Appeal
The U.S. Supreme Court said Monday it will not hear an appeal by reorganized rental car giant Hertz Corp. of a Third Circuit decision that it owes $272 million to unsecured creditors from its 2020 bankruptcy.
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January 12, 2026
Supreme Court Won't Hear Appeal Of Boy Scouts Ch. 11 Plan
The U.S. Supreme Court will not hear an appeal by sexual abuse claimants in the Boy Scouts of America's bankruptcy case arguing the Third Circuit got it wrong when it said it can't undo transactions in the organization's Chapter 11 plan.
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January 09, 2026
Meet The Restructuring Officer In Lidar Co. Luminar's Ch. 11
As Luminar, a developer of lidar technology used in autonomous vehicles, was facing bankruptcy, it turned to a managing director at Portage Point Partners with experience in restructuring, risk management and financing consultation to guide its recovery.
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January 09, 2026
First Brands Sues Ex-CEO's Brother, Lender For $2.9B Fraud
First Brands sued former board member Edward James and Utah-based company Onset Financial Inc. in Texas bankruptcy court Friday, alleging he operated as Onset's "secret partner" to rig contracts between First Brands and Onset that let them reap triple-digit returns and $2.9 billion in cash.
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January 09, 2026
Biz Owner's RICO Suit Says 5 Calif. Attys Helped Loot IT Co.
A business owner has filed a lawsuit accusing five attorneys from five different small California law firms of conspiring with his ex-business partner to steal assets from a company the two had jointly owned.
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January 09, 2026
Sanchez Energy Lenders Float Deal To End Ch. 11 Lien Fight
The owners of the reorganized equity in oil driller Sanchez Energy proposed a deal Friday in Texas bankruptcy court that will end lien-related litigation with unsecured creditors by paying $8.5 million of legal fees incurred by representatives for those creditors in the fight over rights to equity recoveries in the Chapter 11 case.
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January 09, 2026
What's Happening In Bankruptcy Court This Coming Week
Stoli will provide an update on its Chapter 11 reorganization more than three months after a Texas bankruptcy judge rejected its proposed plan. Education tech firm Conscious is seeking approval of its disclosure statement and Chapter 11 plan. Solar developer Pine Gate is seeking court approval to sell certain assets, while e-commerce retailer Food52 is asking the court to approve its bid procedures.
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January 08, 2026
Venezuela Says Citgo Auction Marred By Conflicts
Venezuela pressed the Third Circuit Thursday to overturn an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of the country's debt, arguing that the underlying attachment orders are void and that the proceeding was marred by "obvious" conflicts of interest.
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January 08, 2026
IP Fight Stalls Final DIP Approval In Nicklaus Cos. Ch. 11
A dispute over ownership of critical intellectual property assets delayed a Delaware bankruptcy judge's consideration of final approval for a $17 million postpetition loan Thursday in the Chapter 11 case of sports gear and golf course design company GBI Services, as the lenders want liens on the property.
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January 08, 2026
Wolfspeed Securities Class Action Sent To NC Federal Court
A securities class action case against chipmaker Wolfspeed Inc. was transferred to North Carolina federal court Wednesday following a New York judge's order directing the movement of the consolidated investor suits over alleged misrepresentations about the company's financial projections.
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January 08, 2026
Under The Radar: Bankruptcy News You May Have Missed
Firstbase.io and a creditor fought over a law firm's bid for $1.6 million in fees, a New York judge gave a debtor access to a $500,000 postpetition financing package from an insider lender, and another approved a settlement between Bernie Madoff's trustee and Koch Industries.
Expert Analysis
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Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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Asbestos Trusts And Tort Litigation Are Still Not Aligned
A recent ruling by a New York state court in James Petro v. Aerco International highlights the inefficiencies that still exist in asbestos litigation — especially regarding the continued lack of coordination between the asbestos tort system and the well-funded asbestos trust compensation system, says Peter Kelso at Roux.
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The Legal Education Status Quo Is No Longer Tenable
As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.
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E-Discovery Quarterly: Rulings On Relevance Redactions
In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.
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Section 1983 Has Promise After End Of Nationwide Injunctions
After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.
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Law School's Missed Lessons: Learning From Failure
While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.
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Law School's Missed Lessons: Skillful Persuasion
In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.
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Special Committees Gain Traction In Chapter 11 Investigations
Excerpt from Practical Guidance
Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.
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Law School's Missed Lessons: Navigating Client Trauma
Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.
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4 Former Justices Would Likely Frown On Litigation Funding
As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.
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Playing The Violin Makes Me A Better Lawyer
Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.
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Law School's Missed Lessons: Practicing Self-Care
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.
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ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'
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.