Large Cap
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January 14, 2026
Saks Sheds Dark Store Leases To Save Cash, Shrink Footprint
When the parent company of luxury department store chain Saks Fifth Avenue filed for bankruptcy protection Wednesday, it also moved immediately to reject 26 leases for stores that have already closed, setting the debtor on a path to a smaller footprint, freeing up cash and potentially heading off a protracted showdown with the affected landlords, experts told Law360.
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January 14, 2026
Ligado Judge To Issue Ruling On Inmarsat Satellite Row
A Delaware bankruptcy judge said Wednesday he would issue an oral ruling "in very short order" on telecommunications group Ligado Networks LLC's bid to stop litigation launched by Viasat unit Inmarsat Global Ltd. over Ligado's request to the government to let it license out spectrum rights.
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January 14, 2026
Golf Co. Can Put Liens On Nicklaus IP For Ch. 11 Loan
Sports gear and golf design company GBI Services received final approval for a $17 million Chapter 11 loan Wednesday in Delaware, with a judge there ruling the debtor can grant a lien in favor of the postpetition lenders that covers the name, image and likeness rights for retired professional golfer and company co-founder Jack Nicklaus.
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January 14, 2026
Crypto Group Genesis Seeks Rulings To Close Claims Gap
Attorneys for former crypto lender Genesis Global told a New York bankruptcy judge Wednesday that they're hoping for a quick resolution on pending lawsuits as they push to keep making digital asset distributions to creditors.
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January 14, 2026
Cole Schotz Heads Celebrate 100 Years Of Continuity, Success
While a 100th anniversary is always cause for celebration, Cole Schotz PC reaching the milestone resonates especially strongly for a midsize firm succeeding at a time when a number of its peers have consolidated, merged or shut down altogether, its managing shareholder told Law360 Pulse.
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January 14, 2026
MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners
The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.
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January 14, 2026
Retailer Saks Global Hits Ch. 11 With Over $3B Debt
The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection Wednesday in a Texas bankruptcy court with $3.4 billion in funded debt, buckling under the strain of debt it used to fund its purchase of Neiman Marcus more than a year ago.
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January 13, 2026
First Brands Gets Feb. Hearing On Factoring Funds
A Texas bankruptcy judge said Tuesday he will hold a hearing in early February to determine if auto parts maker First Brands can tap into millions of dollars in cash entangled in its pre-Chapter 11 financing arrangements.
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January 13, 2026
Bankruptcy Bill Brings Long-Awaited Ch. 7 Trustee Fee Boost
A bill that passed both chambers of Congress would permanently increase Chapter 7 trustees' fixed per-case fees for the first time since 1994, a much-anticipated and needed change, bankruptcy experts told Law360.
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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.
Expert Analysis
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Adventure Photography Makes Me A Better Lawyer
Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.
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How Ch. 11 Can Alleviate Merchant Cash Advance Concerns
Merchant cash advance funding is one of the biggest challenges for small businesses today because funders are so prevalent, aggressive and expensive, but bankruptcy can provide several tools for dealing with MCA agreements that may allow the debtor business to restructure and survive, says Patricia Fugée at FisherBroyles.
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.
A Delaware bankruptcy court’s recent decision, examining trucking company Yellow Corp.’s abrupt termination of roughly 25,500 employees, offers financially distressed businesses a road map for navigating layoffs under the Worker Adjustment and Retraining Notification Act, say attorneys at King & Spalding.
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Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
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Coaching Little League Makes Me A Better Lawyer
While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.
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5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.
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Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.
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Lessons From Two New Year's Eve Uptier Exchange Decisions
On the last day of 2024, two different courts issued important decisions relating to non-pro rata uptier exchanges — and while they differ, both rulings highlight that transactions effected in reliance on undefined terms in debt agreements come with increased risk, say attorneys at Simpson Thacher.
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Playing Rugby Makes Me A Better Lawyer
My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.
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No, Litigation Funders Are Not 'Fleeing' The District Of Del.
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.
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5 E-Discovery Predictions For 2025 And Beyond
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.
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7 Ways 2nd Trump Administration May Affect Partner Hiring
President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.