Large Cap

  • July 15, 2026

    Dish Bankruptcy Puts Disney's Sling TV Suit On Hold

    A New York federal judge has paused Disney's suit accusing Dish Network of improperly offering Sling TV to its subscribers, in order to allow Dish to resolve its bankruptcy issues in Texas, with the judge ordering an update on their status in 90 days.

  • July 15, 2026

    Judge Warns Of 'Bankruptcy Tourism' In NFE Ch. 15 Ruling

    A New York bankruptcy judge has expressed concerns about "bankruptcy tourism" by U.S. companies that launch overseas insolvency cases then begin Chapter 15 proceedings stateside, saying in a ruling granting recognition of New Fortress Energy units' U.K. restructuring that courts must "carefully scrutinize" such cases.

  • July 15, 2026

    Limetree Refinery Cos. Reach $35M Deal In Toxic Leak Action

    Affiliates of the former operator of a U.S. Virgin Islands oil refinery have reached a $35 million settlement of proposed class action claims from local residents concerning water contamination from oil releases five years ago.

  • July 15, 2026

    Simpson Thacher Put Co. Out Of Business, Fla. Jury Told

    Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening arguments for trial in his suit alleging the law firm owes him more than $100 million.

  • July 15, 2026

    Pa. Jury Acquits Man Accused Of Threatening Judges

    A Pennsylvania federal jury found Wednesday that a man accused of threatening to kill judges is not guilty.

  • July 15, 2026

    US Trustee Challenges Sleep Number Staff Retention Plan

    The U.S. Trustee's Office has urged a New York bankruptcy judge to reject troubled mattress company Sleep Number's proposal to retain certain employees, saying a buyer is likely to keep them anyway.

  • July 15, 2026

    First Brands Seeks OK To End Retirement Benefits In Ch. 11

    Car parts giant First Brands Group told a Texas bankruptcy judge that it can't keep paying retired employee benefits past the end of July under its Chapter 11 budget, and asked for authority to stop covering life insurance, health insurance and other benefits.

  • July 15, 2026

    Industries Facing Distress In 2026: A Midyear Report

    Renewable energy companies have continued to file for Chapter 11 relief in the first half of 2026, the Iran war and inflated fuel prices have hit the transportation and logistics sector, and software companies are bracing for the impact of artificial intelligence.

  • July 15, 2026

    Brazil Cancer Treatment Co. To Restructure $1B Debt

    Oncoclínicas do Brasil Servicos Medicos SA, the owner of a number of cancer clinics across Brazil, has announced it is entering into an out-of-court restructuring to address 5.1 billion reais ($1 billion) in unsecured debt.

  • July 15, 2026

    Weil Appoints Its First Global Chair Of Restructuring

    Weil Gotshal & Manges LLP announced on Wednesday that U.S. restructuring co-chair Matt Barr will assume the newly created role of global restructuring chair.

  • July 14, 2026

    Silicon Valley Bank Ignored BlackRock's Advice, Judge Hears

    Silicon Valley Bank disregarded advice from BlackRock's investment advisory firm suggesting the bank reduce the amount of its long-term mortgage-backed securities, the bank's former treasurer acknowledged Tuesday under questioning from a California federal judge during a bench trial over the Federal Deposit Insurance Corporation's claim SVB mismanaged its assets before its 2023 collapse.

  • July 14, 2026

    Alex Jones' Co. Balks At Sandy Hook Victims' Stay Appeal

    Right-wing conspiracy theorist Alex Jones' media company has urged the Texas Supreme Court to reject a bid by victims of the Sandy Hook Elementary School shooting to license his website, Infowars, to The Onion, arguing the request is defective and the satire publication is already damaging the brand.

  • July 14, 2026

    Cayman Judge Orders VC Apple Tree's Management Removed

    A Cayman Islands judge has appointed independent officers to direct Apple Tree Life Sciences Inc., handing a win to a fund tied to a longtime Apple Tree investor that has sought to oust the biotechnology investment company's management as part of a protracted feud.

  • July 14, 2026

    Catching Up With New Bankruptcy Case Action

    A Brazilian environmental cleanup company sought bankruptcy court recognition for a $1 billion restructuring in its home country. The owner of a defunct Pennsylvania boarding school re-entered Chapter 11. And a Rhode Island jail operator filed for bankruptcy.

  • July 14, 2026

    Lugano Diamonds Plan Issues Reserved For Confirmation

    A Delaware bankruptcy judge granted conditional approval to the Chapter 11 plan disclosure statement of jewelry house Lugano Diamonds Tuesday, saying concerns about the plan could best be raised at hearings on confirmation of the proposal.

  • July 14, 2026

    Meet The Attorneys Advising SIMAD's Creditors Committee

    A team of lawyers from McDermott Will & Schulte and Robinson & Cole LLP is guiding the unsecured creditors committee in summer camp company SIMAD Holdings' bankruptcy.

  • July 13, 2026

    Ex-SVB Treasurer Says No Risky Actions Taken Before Failure

    Silicon Valley Bank's former treasurer defended the bank's former leadership Monday during a California federal bench trial over the FDIC's claim they mismanaged its assets before its 2023 collapse, saying he never observed anyone take actions he believed risked the soundness of the financial institution.

  • July 13, 2026

    Judge Tweaks Pay Deal For National Realty Wind-Down CEO

    A New Jersey bankruptcy judge has laid down guidelines for an amended compensation package for the wind-down executive of National Realty Investment Advisers' liquidating trust, including setting out a new definition of net proceeds and quarterly bonus rate.

  • July 13, 2026

    Checking In On Northern Calif. Diocese's Ch. 11 Talks

    A bankrupt diocese located north of San Francisco has hurled a challenge at its insurers as it attempts to mediate its way to a Chapter 11 reorganization plan, saying the church is prepared to take a page out of another bankrupt Catholic institution's book and move forward without holdout insurers.

  • July 13, 2026

    2nd Circ. Upholds Cumulus' Data-Tying Order Against Nielsen

    Nielsen cannot condition media company Cumulus' access to national radio ratings data on buying its local offerings, under a Second Circuit panel decision Monday upholding, and unpausing, a district court preliminary injunction, concluding that a 10-fold price increase for the standalone product likely amounted to anticompetitive coercion.

  • July 13, 2026

    Serta Lenders Win $400M, 23andMe Breach Deal OK'd

    A Texas court ruled that lenders excluded from Serta Simmons Bedding's uptier restructuring are owed more than $400 million. A Missouri judge approved a $46.7 million data breach settlement for 23andMe claimants, while the Second Circuit ruled an investor can keep its Bed Bath & Beyond stock profits. Linqto won approval to pay off its Chapter 11 loan with securities, and Viridis Chemical got its Chapter 11 liquidation plan confirmed after its asset sale.

  • July 13, 2026

    Judge Sets Damages Framework In Celsius Ch. 11 Clawbacks

    A New York bankruptcy judge has ruled that Celsius' litigation administrator can recoup either digital assets, proceeds from their sale or their value at the time of their alleged preferential transfer in hundreds of lawsuits to claw back withdrawals that customers made before the former cryptocurrency platform entered Chapter 11.

  • July 13, 2026

    Conn. Radiologist Loses Quick Win Bid In $5M Cancer Lawsuit

    A Connecticut state judge Monday denied a radiology doctor and medical group's attempt for quick wins on $5 million malpractice claims surrounding a former Waterbury Hospital nurse's missed cancer diagnosis, after attorneys for a local unit of bankrupt operator Prospect Medical Holdings Inc. bowed out of the case.

  • July 13, 2026

    Inspired Healthcare Scores $252M In Property Bids

    Inspired Healthcare Capital, a private equity firm focused on senior living facilities, has notified a Texas bankruptcy court it has received bids worth more than $252 million to serve as the baseline for an upcoming auction of a dozen properties in its Chapter 11 case.

  • July 13, 2026

    Jackson Walker Settlements Over Judge Romance Get Greenlit

    A Texas bankruptcy judge has recommended approval of nine settlements regarding legal fees paid to Jackson Walker LLP connected to a former firm partner's romantic relationship with a then-bankruptcy judge, with the firm agreeing to pay $4.79 million in total, including $1.4 million to the estate of J.C. Penney.

Expert Analysis

  • 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

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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.

  • AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

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