Large Cap

  • 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.

  • October 27, 2026

    Judge OKs Omnicare Asset Sale, Ch. 11 Loan Changes

    A Texas bankruptcy judge Tuesday authorized pharmacy services provider Omnicare LLC to tweak its asset purchase agreement and transition services agreement and approved a third amendment to its $110 million debtor-in-possession financing agreement, finding the changes would not materially harm any party.

  • October 27, 2026

    Brazilian Builder Gets Ch. 15 Nod In NY For $555M Reorg

    A New York bankruptcy judge Tuesday granted Chapter 15 recognition of the insolvency proceeding for construction conglomerate Andrade Gutierrez Engenharia in its home country of Brazil, clearing the way for a $555 million restructuring.

  • October 27, 2026

    Leslie's Wins 7-Day Cut To Ch. 11 Disclosure Notice Period

    Bankrupt pool supply company Leslie's Inc. on Tuesday received approval to shorten the notice period for objecting to its Chapter 11 plan disclosure statement by seven days as the company works toward securing confirmation of its plan in December.

  • October 27, 2026

    2nd Circuit Rejects Venezuela's Bid To Void $3B In Bonds

    Nearly $3 billion in defaulted Venezuelan bonds should not be blocked from enforcement under the country's domestic law, the Second Circuit ruled Tuesday.

  • October 26, 2026

    Linqto Switches Liquidating Trustees, Getty Gets $85M DIP

    Visual media and stock image company Getty Images received approval for its debtor-in-possession financing in its first-day hearing. State attorneys general asked the U.S. Supreme Court to hear a challenge to "Texas two-step" bankruptcies. Linqto was allowed to tweak its confirmed Chapter 11 plan to bring in a new liquidating trustee after filing an adversary proceeding against the original trustee.

  • October 26, 2026

    Lack Of Evidence Sinks Prince Global BVI Liquidation Bid

    A British Virgin Islands judge said he would dismiss the liquidation proceedings of Prince Global Holdings, whose founder is accused of running one of Asia's largest transnational criminal organizations, finding that the territory's attorney general who launched the proceedings has yet to provide evidence to back up the claims.

  • October 26, 2026

    IRS Can't Block Deal Axing Creditor Probe Of SIMAD Bonds

    A New Jersey bankruptcy judge Monday signed off on a $13 million settlement between unsecured creditors of former summer camp operator SIMAD Holdings and its biggest secured lender, despite the IRS' objection to the deal.

  • October 26, 2026

    Del. Bankruptcy Court Makes All First-Day Hearings Remote

    The U.S. Bankruptcy Court for the District of Delaware has announced its judges will be conducting remote hearings for all first-day motions.

  • October 26, 2026

    NYC Archdiocese Reaches $800M Deal On Abuse Claims

    The Archdiocese of New York has reached an $800 million settlement to resolve about 1,200 outstanding claims of child sexual abuse.

  • October 26, 2026

    Papaya Gaming Must Prefund US Payments, Judge Says

    Papaya Gaming Ltd. can continue paying its ordinary business expenses in the U.S., but the mobile game company must transfer funds from its Israeli bank accounts in advance to ensure creditors including Skillz Platform are protected, a Delaware bankruptcy judge ruled Monday.

  • October 23, 2026

    State AGs Take Aim At 'Texas Two-Step' In Brief To Justices

    Attorneys general for 20 states and the District of Columbia urged the U.S. Supreme Court to take up a challenge to the validity of "Texas Two-Step" bankruptcies, telling the high court a Fourth Circuit ruling in an asbestos liability case threatens the ability of states to exercise their sovereign power to enforce their own laws.

  • October 23, 2026

    Grid Operator Defeats American Efficient's Ch. 11 Sanction Bid

    A North Carolina bankruptcy judge on Friday denied energy aggregator American Efficient's requested sanctions against PJM Interconnection, saying the power grid operator's refusal to hand over $800,000 in post-petition interest is not an automatic stay violation.

  • October 23, 2026

    Term Lender Raises Concerns About Brightline Ch. 11 Loan

    A term loan lender in the Chapter 11 case of Florida regional rail company Brightline Holdings has raised concerns about the unusual postpetition lending package in the bankruptcy, contending creditors should be informed about how the financing flows to the debtors and about changes to a cap on funds made available to them.

  • October 23, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Two Catholic dioceses will have their Chapter 11 plans before bankruptcy judges, a Brazilian construction conglomerate will be seeking U.S. recognition of its $555 million reorganization and a liquor distributor will be seeking approval for its wind-down plan.

  • October 23, 2026

    Judge OKs Whittaker's $535M Deal, Environmental Settlement

    A New Jersey bankruptcy judge approved a $535 million global settlement resolving estate claims tied to former talc supplier Whittaker Clark & Daniels Inc., a victory for corporate parent Berkshire Hathaway and chemical giant Brenntag that extinguishes successor liability claims some estimated to be worth billions of dollars.

  • October 23, 2026

    Four-Part Test Reshapes Postconfirmation Jurisdiction

    Restructuring professionals are rethinking how they put together Chapter 11 plans in the wake of a Delaware judge's recent decision on when a bankruptcy court retains jurisdiction after confirmation, as they may no longer be able to rely on boilerplate retention language.

  • October 23, 2026

    Papaya Must Freeze US Funds Amid Israeli Case, Judge Rules

    A Delaware bankruptcy judge Friday agreed to grant Chapter 15 recognition of Papaya Gaming Ltd.'s insolvency proceeding in Israel but ordered the debtor to freeze funds in its U.S. bank accounts in light of an earlier, more than $70 million transfer that the judge said "clearly prejudiced" creditor Skillz Platform.

  • October 22, 2026

    Reed Smith Seeks 2nd Circ. Emergency Stay In Eletson Row

    Reed Smith urged the Second Circuit in an emergency motion to pause lower court decisions requiring the firm to turn over client files related to shipping company Eletson, saying the courts have "presumed the outcome" of a bankruptcy appeal before scheduled December oral arguments.

  • October 22, 2026

    Getty Images Gets $85M DIP As Ch. 11 Case Kicks Off

    Getty Images secured a Delaware bankruptcy judge's approval on Thursday to borrow $85 million in Chapter 11 financing from a Koch family affiliate, funds it will direct to senior lenders and use to support its business during the bankruptcy case.

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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