Large Cap

  • July 28, 2026

    Linqto Puts Off Trustee Hearing While Pursuing Resolution

    Investment platform Linqto and its unsecured creditors committee got a hearing delayed in their lawsuit against the debtor's liquidating trustee, after telling a judge Tuesday the parties were working on a resolution.

  • July 28, 2026

    Trinseo Creditors Seek To End Co.'s Ch. 11 Control

    A minority term lender group in Trinseo PLC's Chapter 11 case is asking a Texas bankruptcy judge to let it seek approval for its own reorganization plan for the plastic maker, saying the debtor's prearranged plan is unfair to them and that their alternative was never considered.

  • July 28, 2026

    Dish Can Pay $2B Of Notes In Ch. 11 After AT&T Deal Closes

    A Texas bankruptcy judge Tuesday authorized TV service provider Dish to pay back some $2 billion in notes using proceeds from a $23 billion deal between its nondebtor parent, EchoStar Corp., and cell phone network giant AT&T that closed the same day.

  • July 28, 2026

    The Twisted Path That Led American Efficient To Ch. 11

    Energy-efficiency aggregator American Efficient LLC filed for Chapter 11 protection as it fights a $1.1 billion fine from a federal regulator, blaming the penalty on rules that it said don't actually exist and wouldn't be enforceable even if they did.

  • July 28, 2026

    Catching Up With New Bankruptcy Case Action

    A century-old alcohol distributor filed for bankruptcy while pursuing an asset sale, subprime lender CashCall entered Chapter 11 after facing more than $400 million in legal judgments, and a Bitcoin miner filed for Chapter 11 amid mounting losses and plans to sell its assets.

  • July 28, 2026

    Nielsen Says 2nd Circ. Ruling Makes Courts Price Regulators

    Nielsen has asked the Second Circuit to reconsider a ruling upholding an injunction in a case from Cumulus accusing it of tying sales of its national radio ratings data to its local offerings, telling the appeals court the ruling turns judges into price regulators.

  • July 27, 2026

    J&J, Ovarian Cancer Talc Claimants Unveil $5.5B Global Deal

    Johnson & Johnson announced Monday that it has agreed to pay some $5.5 billion to put to rest tens of thousands of lawsuits alleging its talcum powder products caused ovarian cancer, with plaintiffs' counsel calling the deal "long-delayed justice" for their clients.

  • July 27, 2026

    FTX's $1.8B Clawback Suit Against Binance, Zhao Can Proceed

    A Delaware federal bankruptcy judge has allowed FTX's bankruptcy estate to continue to try to claw back a $1.76 billion payment to the cryptocurrency platform though she trimmed certain claims.

  • July 27, 2026

    Bankrupt Summer Camps Owner Says Brother Handled Loans

    David Shabsels, who listed $782 million of liabilities in his personal Chapter 11 bankruptcy case, said Monday he often signed loan documents that were given to him by his brother, against whom he may have future claims related to the downfall of the summer camp empire they previously controlled.

  • July 27, 2026

    TGI Fridays Plan OK'd, Spirit Can Sell NYC Gates To JetBlue

    TGI Fridays won approval of its Chapter 11 liquidation plan, Spirit Airlines secured approval for the $58.5 million sale of LaGuardia gate slots to JetBlue, and CashCall received interim approval for Chapter 11 financing. Meanwhile, one of SIMAD's summer camp sales faced opposition from camp-goers' parents and Akorn reached a settlement allowing its asset buyer an $18.5 million unsecured claim.

  • July 27, 2026

    Kirkland Adds Jones Day Mass Tort Restructuring Pros

    Kirkland & Ellis LLP has hired a mass tort restructuring duo from Jones Day in the Lone Star State, the firm announced Monday.

  • July 27, 2026

    Fat Brands Gets Ch. 11 Plan Confirmed After Creditor Deal

    Fat Brands received confirmation Monday of its Chapter 11 plan after a Texas bankruptcy judge overruled remaining objections to the chain restaurant operator's post-sale wind-down plan.

  • July 27, 2026

    Alkegen Files Ch. 11 In Texas To Shed $3.1B In Debt

    Alkegen and dozens of affiliates filed a prepackaged Chapter 11 case in Texas bankruptcy court, where the specialty materials maker intends to cut the bulk of its $3.3 billion of funded debt obligations.

  • July 27, 2026

    Wine And Spirit Distributor Hits Ch. 11 With $540M Of Debt

    Republic National Distributing Co., a more than century-old alcohol distributor that struggled in recent years to handle an outsized debt load, has filed for Chapter 11 protection in a Texas bankruptcy court with about $540 million in funded debt and plans to sell its remaining assets.

  • July 24, 2026

    Polish Solar Co. GoldenPeaks Can Send Ch. 11 Plan To A Vote

    A Texas bankruptcy judge on Friday allowed GoldenPeaks Poland to send its Chapter 11 plan to a creditor vote, while cautioning the solar farm developer that it would need to provide evidence at plan confirmation to support proposed releases and creditor notice.

  • July 24, 2026

    First Brands' Ch. 11 Plan Revives Angst Over Admin Claims

    A slew of recent objections to First Brands Group's Chapter 11 plan has put fresh attention on the company's bid to pay high-ranking administrative expenses from future litigation, a structure that experts told Law360 may contravene bankruptcy rules and spook vendors in future cases.

  • July 24, 2026

    Judge Addresses Angst Over Summer Camp Ch. 11 Sale

    A New Jersey bankruptcy judge has addressed families' concerns about the sale of a century-old New York sleep-away summer camp in the Chapter 11 case of SIMAD Holdings, telling parents their comments will be considered in connection with an Aug. 4 sale hearing.

  • July 24, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A restaurant chain operator and a car parts maker will both go before Texas bankruptcy judges seeking confirmation of their Chapter 11 plans, and an investment platform will seek to compel its liquidation trustee to perform the role's duties.

  • July 24, 2026

    Live Nation Says Nielsen Ruling Doesn't Help State AGs

    Live Nation is pushing back after state enforcers told a New York federal court that a recent Second Circuit ruling in a case against Nielsen supports their antitrust claims, saying the ruling instead supports its bid to undo the jury verdict.

  • July 24, 2026

    HSF Kramer Hires Haynes Boone's Supreme Court Chair

    Herbert Smith Freehills Kramer LLP announced Friday that it had added the leader of Haynes Boone's U.S. Supreme Court practice, who joins the firm as co-lead focused on appellate work and the nation's highest court.

  • July 23, 2026

    Kroll Can Arbitrate Some Data Claims, Ax Others, Judge Says

    Bankruptcy claims agent Kroll Restructuring Administration LLC should be able to arbitrate claims over a 2023 data breach affecting FTX Trading customers, but claims from a BlockFi user should be tossed, according to recommendations from a Texas magistrate judge.

  • July 23, 2026

    Judge Again Lengthens Timeline For Dish Wireless Ch. 11

    A Texas bankruptcy judge on Thursday again pumped the brakes on the Chapter 11 bankruptcy of EchoStar Corp.'s video distribution and wireless network units, including Dish Wireless LLC, saying the unsecured creditors' committee needs more time to conduct discovery.

  • July 23, 2026

    Barretts Minerals' Ch. 11 Paused Pending Talc Liability Ruling

    A Texas bankruptcy judge has abated proceedings in Barretts Minerals Inc.'s Chapter 11 case, canceling a key hearing on a proposed plan, until a district court decides whether its talc contained cancer-causing asbestos, as alleged by creditors.

  • July 23, 2026

    Judge OKs $27.5M Cost Agreement For Calif. Cleanup Suit

    A California federal judge Wednesday approved a $27.5 million agreement a Golden State regulator and seven companies submitted for litigation over the cleanup of a former lead smelting and battery recycling facility near Los Angeles.

  • July 23, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A New York judge told two law firms to hand privilege logs to Levona Holdings in a sanctions fight, Terraform's plan administrator asked a Delaware judge to toss an adversary suit, and a company deeply intertwined with a New Jersey real estate developer's Chapter 11 argued the case should be dismissed.

Expert Analysis

  • Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • Nielsen Appeal Tests Antitrust Limits Of Pricing And Bundling

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    In Cumulus v. Nielsen, the Second Circuit is considering a structural pattern in which a monopolist exploits upstream market power to foreclose downstream competition, which could potentially offer broad insight into how courts will assess exclusionary bundling and pricing defenses under antitrust law, says Luke Hasskamp at Bona Law.

  • Ch. 11 Ruling Raises Bar For Avoiding Default Interest

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    Following a New York bankruptcy court's recent decision in 33 Mako, solvent debtors may find it significantly harder to avoid paying contractual default interest to oversecured lenders under Section 506(b) of the Bankruptcy Code, say attorneys at Benesch.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • GCs Can Read Debt Cycles To Spot Risk, Opportunity

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    With the conflict in Iran among many other factors that are further unsettling the geopolitical and economic environment, general counsel who understand credit risk and the debt cycle can offer a significant competitive advantage to help companies mitigate enterprise risk, says Samuel Keltner at Akin.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Judge-Led Bankruptcy Mediation Can Be The Best Option

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    Despite industry scrutiny of U.S. Bankruptcy Judge Michael Kaplan's recent decision to mediate the Multi-Color Chapter 11 case over which he was presiding, there is no single federal decision holding flatly against this, and, in the right circumstances, it may even be the best option, says Kenneth Rosen at Ken Rosen Advisors.

  • Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • Getting The Most Out Of Learning And Development Programs

    Excerpt from Practical Guidance
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    Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.

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