Large Cap

  • October 30, 2026

    Brookfield Fights $4.3M Tax Bill Over Lehman Losses

    Asset management giant Brookfield is challenging a $4.3 million tax bill tied to its acquisition of a defunct Lehman Brothers unit, telling the U.S. Tax Court that the IRS incorrectly denied a deduction stemming from the Lehman affiliate's losses.

  • October 30, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Texas bankruptcy judge is set up for a status conference in First Brands Group's Chapter 7 case, a Missouri bankruptcy judge is penciled in for a status conference in 23andMe's case, and a New Jersey bankruptcy judge is scheduled to oversee the confirmation hearing for a legacy unit of defunct tire maker Uniroyal.

  • October 30, 2026

    Ramona Nee, Tapped To Lead Weil, Now In Talks With Kirkland

    Ramona Nee, the co-leader of Weil Gotshal & Manges LLP's U.S. private equity practice who had been poised to become its leader, is engaged in talks to join Kirkland & Ellis LLP, a source with knowledge of the situation told Law360 Pulse on Friday.

  • October 29, 2026

    Lessons From The Past For Weil's Final Curtain Call

    Weil Gotshal & Manges LLP leaders may have every reason to agree to an out-of-court wind-down, but dissolving such a storied law firm, which announced Wednesday it intends to shut down following an exodus of attorneys, is not as simple as a handshake among partners, experts said in interviews with Law360 on Wednesday.

  • October 29, 2026

    Weil's Collapse Ends Firm's Long Run As Bankruptcy Leader

    Weil Gotshal & Manges LLP helped pioneer modern bankruptcy practice and earned hundreds of millions of dollars leading many of the biggest Chapter 11 cases in U.S. history. Its collapse this week marks a stunning end to that legacy and reflects major changes in how law firms function today, attorneys told Law360.

  • October 29, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A pharmaceutical group is seeking a structured dismissal of its Chapter 11 case after the sale of its business left it with limited funds. A New York power plant operator will hold an auction in November for its facility. Car parts group Marelli settled litigation over plans to hire a competitor's former CEO when it exits bankruptcy.

  • October 29, 2026

    Investment Co. 777 Faces Objection To Ch. 11 Sale Escrow Bid

    A creditor of bankrupt investment firm 777 Partners is challenging the debtor's proposal to escrow proceeds from a future sale of a Florida condominium it owns, telling a Texas bankruptcy judge there is no reason to segregate the funds because the creditor's lien is not in dispute.

  • October 29, 2026

    'Leadership Vacuum' Preceded Weil's Collapse

    A series of leadership failures and strategic missteps preceded the precipitous downfall of Weil Gotshal & Manges LLP, sources told Law360 Pulse.

  • October 29, 2026

    BioXcel Seeks OK For $9.8M Deal With Investors

    Artificial intelligence-powered pharmaceutical group BioXcel has asked a Delaware bankruptcy judge to sign off on a $9.75 million settlement between the debtor and plaintiffs in a securities class action against it, saying the agreement will put one of the company's more important prepetition liabilities to bed.

  • October 29, 2026

    Weil's Demise Sparks Shock, Reflection In The Legal World

    The stunning collapse of Weil Gotshal & Manges LLP is the talk of BigLaw this week, as those in the industry grapple with how the powerhouse Wall Street firm could implode so quickly.

  • October 29, 2026

    Weil Lawyers Face Crowded Market After Abrupt Wind-Down

    As Weil Gotshal & Manges LLP prepares to wind down operations, more than 1,000 attorneys worldwide find themselves job-hunting in an already crowded market.

  • October 29, 2026

    DOJ Taps Walsh Pizzi Co-Founder To Lead US Trustees

    The attorney general has tapped one of Walsh Pizzi O'Reilly Falanga LLP's founders to take up the reins as director of the U.S. Trustee Program, the U.S. Department of Justice announced Thursday.

  • October 29, 2026

    US Bankruptcy Noticing System Back Up After Cyber Event

    A BAE Systems Inc. spokesperson said in a statement Thursday the nationwide Bankruptcy Noticing Center has resumed operations following a cybersecurity incident that had brought the system to a halt earlier this month.

  • October 28, 2026

    Union In Uncharted Territory With Spirit Data Deal Objection

    A flight attendants union's objection to Spirit Airlines' planned $10 million sale of employee data to Google for use in training artificial intelligence presents novel legal questions and a chance for unions to influence employee privacy standards at an early stage, experts said.

  • October 28, 2026

    Mastering The Bankruptcy Practice: When Franchisees File

    Whether they are selling burgers, fried chicken or rent-to-own furniture, a number of businesses that filed for bankruptcy over the past year have had one thing in common: They're ruled by their franchise agreements.

  • October 28, 2026

    Ex-Eletson Gas Exec Looks To Nix Bankruptcy Sanctions

    A former executive at Eletson Gas urged a New York federal court to reverse an arrest warrant for contempt and a $726,000 judgment imposed on him, arguing he was never properly served and had ceased working at Eletson at the time of the alleged sanctionable conduct.

  • October 28, 2026

    SF Archdiocese Gets Initial OK To Take Votes On Ch. 11 Plan

    A California bankruptcy judge Wednesday signaled he would allow the Archdiocese of San Francisco to solicit votes on its $395 million Chapter 11 plan, after the debtor agreed to include in its disclosures a statement summarizing how the plan would affect the claims of abuse survivors.

  • October 28, 2026

    Sackler Family Member Can't Delay Conn. Property Sale

    A New York bankruptcy judge Wednesday found an attempt to evict a member of Purdue Pharma's former owning family from a Connecticut home and sell it to pay opioid claims did not violate the drugmaker's Chapter 11 plan.

  • October 28, 2026

    DLA Ordered To Make $900K Of Payments To Ch. 11 Debtor

    A Delaware bankruptcy judge ordered the Defense Logistics Agency to make $900,000 in contract payments to a bankruptcy contractor Wednesday, saying the payments cover invoices for which there are no bona fide factual disputes and asking the parties to provide additional briefing for 92 contested invoices.

  • October 28, 2026

    Weil To Wind Down As Top Attorneys Abandon Firm

    Weil Gotshal & Manges LLP, the restructuring powerhouse that led Lehman Brothers, Enron and General Motors through bankruptcy, told Law360 Pulse Wednesday that the firm is preparing to wind down operations.

  • October 28, 2026

    BakerHostetler Malpractice Case To Expand With RICO Claim

    A Georgia federal judge has allowed a trustee who has accused BakerHostetler and an Atlanta-based attorney of legal malpractice to file an amended complaint after the trustee asked to add claims of Georgia RICO Act violations.

  • October 27, 2026

    Catching Up With New Bankruptcy Case Action

    Visual media giant Getty Images filed for Chapter 11 to go private. A rural telecommunications group filed for bankruptcy protections after high construction costs derailed expansion projects, and creditors placed an indirect U.S. subsidiary of petrochemical group Braskem into Chapter 11.

  • October 27, 2026

    Meet The Attys Helping Getty Through Ch. 11

    Photo archive owner Getty has tapped Cole Schotz PC and Simpson Thacher & Bartlett LLP to guide it as the debtor's Chapter 11 case develops.

  • October 27, 2026

    Logan Group Scores Recognition Of $11.9B Insolvency Case

    Chinese real estate developer Logan Group on Tuesday received Chapter 15 recognition in a Texas bankruptcy court for its Hong Kong insolvency case, paving the way for the company and its foreign representatives to complete portions of its $11.9 billion restructuring in the U.S.

  • October 27, 2026

    Republic National Gets OK For Liquidation Plan

    A Texas bankruptcy judge Tuesday approved alcohol distributor Republic National Distributing's Chapter 11 liquidation plan, overruling arguments from the U.S. Trustee's Office that the plan contained nonconsensual third-party releases.

Expert Analysis

  • Lessons For Banks When A Fintech Partner Fails

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    Recent fintech bankruptcies highlight best practices for how banks can strengthen third-party oversight, data-access rights, wind-down planning and customer communications to limit regulatory exposure and consumer harm when a fintech partner collapses, say attorneys at Barack Ferrazzano.

  • Voyager Ruling Maps Out Ch. 11 Exculpation Lessons

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    Chapter 11 plan proponents drafting exculpation provisions may benefit from contrasting the exculpatory language recently invalidated by a New York federal court in the Voyager Digital Holdings case with successful recent use of these provisions in confirmed bankruptcy plans, say attorneys at Debevoise.

  • Juggling And Unicycling Make Me A Better Lawyer

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    Because I juggle (sometimes with fire) and ride the unicycle, friends and family used to joke that I should join the circus, but I pursued the practice of law instead and learned that my hobbies benefit my profession in several important ways, says Morgan Eddy at Smith Currie.

  • SVB Parent's Claim Loss To FDIC Bears Bond Wording Lesson

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    A North Carolina federal court’s recent ruling that the Federal Deposit Insurance Corp., as receiver for the collapsed Silicon Valley Bank, solely owns a $73 million fraud claim illustrates why parent financial institutions should scrutinize joint assured provisions in fidelity bonds to prevent a failed subsidiary's covered losses going to a receiver, say attorneys at McGuireWoods.

  • Ballet Makes Me A Better Lawyer

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    A lifetime of learning and performing ballet taught me that success — whether in dance or practicing law — comes only through hours of thorough preparation, boundless energy and relentless effort, says Sharon Katz-Pearlman at Greenberg Traurig.

  • How Jackson Walker Settlement Will Affect Conflict Checks

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    Jackson Walker's recently filed $15 million settlement with the U.S. Trustee is effectively a contract between one firm and the government that will nevertheless serve as a template of conflict disclosure practices for all firms practicing in the bankruptcy courts, says attorney Ken Rosen.

  • Taekwondo Makes Me A Better Lawyer

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    Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

  • New Fortress Ch. 15 Adds Fuel To English Restructuring Trend

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    After New Fortress Energy recently became the third Nasdaq-listed company to successfully undertake an English restructuring plan and gain Chapter 15 recognition, U.S. debtors should not overlook this most recent of English exports as a highly effective tool for resolving balance sheet issues, say attorneys at Faegre Drinker.

  • Being In A Band Made Me A Better Lawyer

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    Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped develop the professional qualities I rely on as a litigator, including an ability to collaborate with strong-minded equals and the determination to treat each client with singular focus, says Eliad Shapiro at Herrick Feinstein.

  • Law School's Missed Lessons: Surviving A Long Trial

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    Most of law school trial advocacy is geared toward the sprint of trying a short case, but beyond managing a cross-examination or closing argument, effectively handling the marathon of a lengthy trial requires the ability to maintain composure, organization and credibility with the jury, says Mihir Elchuri at Hirschler.

  • Going To Hardcore Shows Makes Me A Better Lawyer

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    While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are about community, focus, being prepared for the unexpected and managing chaos, says Isaac Natter at Fluet.

  • QVC Ch. 11 Confirmation Shows Independent Directors' Value

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    QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-functioning independent director frameworks can create the evidentiary and governance foundation necessary to resolve complex intercompany disputes, preserve value and secure judicial approval of contested transactions, say attorneys at Choate.

  • Teaching SEC Investigations Makes Me A Better Lawyer

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    Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoughtful, deliberate practitioner because it requires me to continually reassess and challenge what I know about securities law enforcement, how I know it and how best to explain it, says David Chase at Miami Law.

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