Large Cap

  • December 04, 2025

    Blank Rome's 2026 Partnership Class Is Biggest In 7 Years

    Blank Rome LLP will elevate 14 attorneys to partner in the new year, its highest partnership class in seven years.

  • December 03, 2025

    Country Garden Gets Ch. 15 Nod On Hong Kong Restructuring

    Country Garden Holdings Co., a major Chinese property developer, received U.S. recognition of its Hong Kong restructuring plan designed to trim more than $11 billion in debt, with a New York bankruptcy judge entering an order granting the debtor Chapter 15 relief.

  • December 03, 2025

    Party City Franchisees Want To Revamp Monopolization Case

    Party City franchisees want to file an amended complaint in their case accusing the corporate retail chain of monopolizing the market before the court rules on a dismissal bid, the franchisees told a New Jersey federal court. 

  • December 03, 2025

    Catholic Dioceses Facing Rockier Road To Resolve Ch. 11s

    A trio of recent Chapter 11 cases are illustrating the new reality for Roman Catholic dioceses trying to address their child sexual abuse liabilities in bankruptcy court, with the cases taking longer to resolve and only moving forward after threats of dismissal.

  • December 03, 2025

    Judge Eases $4.1B Liability For Insurer In Conn. Rehab Plan

    A Connecticut judge has approved a modified moratorium that protects PHL Variable Insurance Co. and two subsidiaries during a state rehabilitation, agreeing to a plan that could reduce universal life death benefits by $4.1 billion while allowing policyholders the option to avoid paying $175 million in estimated total premiums.

  • December 03, 2025

    Omnicare Gets March Date For Ch. 11 Asset Auction

    A Texas bankruptcy judge Wednesday gave pharmacy services provider Omnicare the go-ahead to put itself on the auction block in March, saying it is a reasonable timeframe for the debtor to market its assets.

  • December 02, 2025

    Wind Co. Has Tentative Deal Tied To Pre-Ch. 11 Uptier Suit

    TPI Composites Inc. said it reached a tentative deal with its senior lender and creditors committee after a Texas bankruptcy judge on Tuesday voiced uncertainty over how the committee's lawsuit challenging an uptier transaction and TPI's opposition to the litigation could affect its Chapter 11 proceedings.

  • December 02, 2025

    King & Spalding Atty Dies In Mountain Climbing Accident

    People at King & Spalding LLP are mourning after an appellate attorney from the firm and a mountain guide fell to their deaths climbing New Zealand's tallest mountain.

  • December 02, 2025

    FDIC Secures Dismissal Of SVB Cayman Deposit Suit

    A California federal judge has permanently tossed a suit against the Federal Deposit Insurance Corp. brought by liquidators of the Cayman Islands branch of collapsed Silicon Valley Bank, finding they lack standing to sue the agency and are barred from relitigating issues already decided in bankruptcy court.

  • December 02, 2025

    Gol Linhas Ch. 11 Plan Releases Overturned On Appeal

    A New York federal judge has reversed the confirmation of Brazilian airline Gol Linhas Aereas Inteligentes' Chapter 11 plan, ruling that the bankruptcy court improperly found creditor silence on the proposal's third-party claims releases could be assumed as consent.

  • December 02, 2025

    CCA Gets OK For Deal With Bahamas Developer Owed $1.6B

    At a hearing held Tuesday, a New Jersey bankruptcy judge enthusiastically approved a settlement between Chinese state-owned firm CCA Inc. and a Bahamian resort developer, whose $1.6 billion court win sent CCA into Chapter 11.

  • December 02, 2025

    Fox News, FedEx Ink Clawback Settlements With Guo Trustee

    The trustee handling Chinese exile Miles Guo's $374 million Chapter 11 estate has asked a Connecticut bankruptcy judge to approve sealed settlements in clawback claims once totaling nearly $4 million against Fox News, FedEx, Marcum LLP and seven other entities after a mediator agreed the terms were reasonable.

  • December 02, 2025

    First Brands Floats Process For Sorting $3B Factoring Snafu

    Bankrupt auto parts maker First Brands Group proposed a process to reconcile its third-party factoring agreements with pending invoices to help resolve a $3 billion question arising from the debtor's prepetition operations.

  • December 02, 2025

    Catching Up With New Bankruptcy Case Action

    A solar energy business sought bankruptcy protection in Texas. The foreign representative of a consultancy founder's bankruptcy estate sought recognition of his Canadian insolvency proceedings. And a landlord in the Bronx entered Chapter 11.

  • December 02, 2025

    Three Arrows Boosts $1.5B FTX Claim Tied To Crypto Winter

    The liquidators of defunct crypto hedge fund Three Arrows Capital defended their $1.53 billion claim against FTX months after the failed exchange called it "baseless," telling a Delaware bankruptcy judge that its assets at FTX were sold just weeks before its collapse in what amounts to "classic preference."

  • December 02, 2025

    Genesis To Pursue $40M Sale To DIP Lender

    The stalking horse bidder and DIP co-lender for bankrupt nursing home company Genesis Care emerged as the winning bidder in the auction for Genesis' assets with a $40 million cash bid, the debtor has announced.

  • December 02, 2025

    Willkie Adds DC Atty To Co-Chair Bankruptcy Litigation Team

    A longtime Jones Day attorney who helped represent the firm in a suit lodged by two former associates over its parental leave policy has joined Willkie Farr & Gallagher LLP, where he'll co-chair the bankruptcy litigation practice, Willkie announced Tuesday.

  • December 02, 2025

    Miss America Sanctions Bid Must Be Axed, Fla. Court Told

    The plaintiffs in a Florida federal court battle over the ownership of the Miss America pageant have pushed back against a sanctions bid against their attorneys, saying the court should reject it because it's "wholly meritless."

  • December 02, 2025

    Nicklaus Cos.' Fights With Namesake Sent It Into Ch. 11

    The bankruptcy of sporting gear and golf course design company Nicklaus Cos. is rooted in a tangle of litigation with its namesake, and it doesn't appear the Chapter 11 filing has put a stop to the disputes.

  • December 01, 2025

    Chancery OKs $9.4M Deal To End Sears Take-Private Suit

    Terming it a settlement that is "easy to approve," a Delaware vice chancellor on Monday OK'd a $9.37 million deal to end a suit contesting investor payouts after a take-private deal for Sears Hometown and Outlet stores in 2019.

  • December 01, 2025

    Pine Gate Floats Ch. 11 Carlyle Deal To Guard Recoveries

    Solar development company Pine Gate Renewables LLC proposed a settlement in Texas bankruptcy court that would allow the company to sell assets serving as collateral for secured lender Carlyle while preventing tax liabilities from cutting into unsecured creditor recoveries.

  • December 01, 2025

    Chancery Sets Standard In Scottish Re Case

    The Delaware Chancery Court has signed off on the framework that will govern how scores of insurers press claims in the liquidation of Scottish Re (U.S.) Inc., issuing an opinion to spell out when courts must defer to the state insurance commissioner and when they must step in.

  • December 01, 2025

    Yellow Settles $7.4B In Pension Fund Claims In Ch. 11

    Insolvent trucking company Yellow Corp. has reached agreements with 14 multi-employer pension funds to resolve $7.4 billion worth of withdrawal liability claims, putting to rest a conflict that was sparked two years ago by Yellow's exit from its pension plans after it shut down.

  • December 01, 2025

    Venezuela Will Challenge $5.9B Sale Of Citgo Parent

    Venezuela, the country's state-owned oil company and others have appealed a Delaware federal judge's order approving the $5.89 billion sale of Citgo Petroleum's parent company to an affiliate of hedge fund Elliott Investment Management LP, potentially delaying the long-awaited sale of Venezuela's most significant seizable asset.

  • December 01, 2025

    CCA Seeks OK For Deal With Bahamas Developer Owed $1.6B

    Chinese state-owned firm CCA Inc. asked a New Jersey bankruptcy judge to approve a settlement with a Bahamian resort developer whose $1.6 billion court win sent CCA into Chapter 11.

Expert Analysis

  • Bar Exam Reform Must Expand Beyond A Single Updated Test

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    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.

  • Asbestos Trusts And Tort Litigation Are Still Not Aligned

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    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.

  • The Legal Education Status Quo Is No Longer Tenable

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    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.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

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    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.

  • Section 1983 Has Promise After End Of Nationwide Injunctions

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    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.

  • Law School's Missed Lessons: Learning From Failure

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    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.

  • Law School's Missed Lessons: Skillful Persuasion

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    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.

  • Special Committees Gain Traction In Chapter 11 Investigations

    Excerpt from Practical Guidance
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    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.

  • Law School's Missed Lessons: Navigating Client Trauma

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    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.

  • 4 Former Justices Would Likely Frown On Litigation Funding

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    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.

  • Playing The Violin Makes Me A Better Lawyer

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    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.

  • Law School's Missed Lessons: Practicing Self-Care

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    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.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    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.

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