Large Cap

  • August 11, 2026

    West Marine Wins Approval Of Plan To Cut Debt, Exit Ch. 11

    A Delaware bankruptcy judge Tuesday signed off on boating supply business West Marine Inc.'s Chapter 11 plan, allowing the debtor to hand control of the company to lenders and end its Chapter 11 case.

  • August 11, 2026

    Rising Star: Weil's Clifford Carlson

    Clifford Carlson of Weil Gotshal & Manges LLP has been on the front lines of some of the most complex Chapter 11 cases filed in Houston's bankruptcy court in recent years as debtor's counsel to multistate hospital group Steward Health and car parts giant First Brand, earning him a spot among bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 10, 2026

    Opioid Victims Say Firm Kept Too Much Of Purdue Payouts

    A Baltimore woman is accusing a California-based attorney and her firm of illegally withholding thousands of dollars from opioid victims' Purdue Pharma settlement payments in a new class action filed Sunday in Maryland federal court.

  • August 10, 2026

    Complex Summer Camp Sales Win Bankruptcy Court Approval

    A New Jersey bankruptcy judge Monday approved sales of more than two dozen U.S. summer camps, capping an intense, complicated and emotionally charged process that lawyers said saved the camps from closing this year while generating nearly $448.8 million to repay creditors.

  • August 10, 2026

    Texas Judge Tosses Appeal Of Genesis Lender Releases

    A Texas federal judge on Monday dismissed an appeal that attacked the terms of Genesis Healthcare's post-petition financing, saying part of the Bankruptcy Code precluded her court from touching the arrangement whereby lenders traded funding for claim releases.

  • August 10, 2026

    H.I.G. Can't Block Calif. Suit Over $17.5M Health Deal

    The Delaware Chancery Court on Monday refused to block two former behavioral health facility owners from pursuing a California securities fraud suit against private equity firm H.I.G. Capital LLC and its affiliates, finding the companies had not shown the dispute must be litigated in Delaware.

  • August 10, 2026

    A Look At Hedge Fund Mars FX's Ch. 11 Liquidation Plan

    Hedge fund Mars FX has filed a Chapter 11 liquidation plan in New York bankruptcy court that would transfer its assets and legal claims tied to a roughly $567 million trading platform balance it alleged was missing to a litigation trust, which would pursue recoveries and distribute the proceeds to creditors and investors.

  • August 10, 2026

    Rising Star: HSF Kramer's Megan Wasson

    Megan Wasson of Herbert Smith Freehills Kramer LLP helped Del Monte secure more than $500 million in asset sales in its contentious Chapter 11 and advised the state of Connecticut in the Prospect Medical case, earning her a spot among the bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 10, 2026

    Sleep Number OK To Use $17.5M From Executive Pay Plan

    A New York bankruptcy judge has allowed Sleep Number Corp. to transfer more than $17.5 million from a trust set up for executives to its Chapter 11 estate, overruling an objection by the company's former chief technology officer.

  • August 10, 2026

    Senate Seeks Expanded Sub V; Harvest Sherwood Plan OK'd

    The Senate moved to reinstall a higher debt limit for Subchapter V, food distributor Harvest Sherwood confirmed its Chapter 11 plan and TPx Communications acquired access to nearly $74 million in postpetition financing.

  • August 10, 2026

    Investment Firm 777 Partners Hits Ch. 11 To Handle $2B+ Debt

    Investment firms 777 Partners and 600 Partners, as well as entities tied to them, filed for bankruptcy protection in Texas with over $2 billion of debt, saying a creditor's involuntary Chapter 7 petition expedited its Chapter 11 plans amid a yearslong wind-down process.

  • August 07, 2026

    Summer Camp Sales Spark Parent Concern Ahead Of Hearing

    Plans to sell more than two dozen summer camps have been met with a flurry of comments from families concerned that outside investors will alter operations or close some camps altogether, with a group of parents saying they hoped to offer $10 million to buy one of the properties in Pennsylvania, Camp Lavi.

  • August 07, 2026

    Salad Chain Plans Ch. 11 Sale Of Drive-Thru Leases

    Salad and Go expects to pay its creditors in full with proceeds from a proposed $105 million private sale of most of its drive-thru location leases to coffee chain Dutch Bros., attorneys for the fast-casual restaurant told a Texas bankruptcy judge on Friday.

  • August 07, 2026

    Grid Operator Objects To American Efficient's Ch. 11 Loan

    Grid operator PJM Interconnection LLC has challenged North Carolina-based energy efficiency aggregator American Efficient's request for $11.5 million of debtor-in-possession financing, alleging the debtor is not operating and that current regulations make its business impossible to operate.

  • August 07, 2026

    First Brands, Objectors Trade Final Arguments On Ch. 11 Plan

    Auto parts maker First Brands Group told a Texas bankruptcy judge Friday its Chapter 11 plan is reasonable and offers creditors the best chance of recovering on billions of dollars worth of claims, defending the deal against a spate of objections during closing arguments in a trial on plan confirmation.

  • August 07, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Investment platform Linqto will seek to compel its liquidation trustee to perform the role's duties, bankrupt cryptocurrency kiosk operator Bitcoin Depot will undergo a plan confirmation hearing, and Sidley Austin will defend its eligibility to represent Genesis Healthcare.

  • August 07, 2026

    Bank Seeks Ch. 11 Interest In Inspired Healthcare Bankruptcy

    Pinnacle Bank has asked a Texas bankruptcy judge to allow claims for at least $1.6 million in post-petition interest and fees in Inspired Healthcare Capital Holdings LLC's bankruptcy, saying its loans are oversecured based on stalking horse offers for the senior living facility investor's properties.

  • August 06, 2026

    Judge Tosses Nuclear Power Wage-Fixing Case, For Now

    A Maryland federal court tossed a proposed class action accusing nuclear energy producers including Constellation Energy, DTE Energy and Duke Energy of fixing wages, after finding the claims came too late.

  • August 06, 2026

    KPMG Must Face Beefed Up Investor Suit Over SVB Failure

    A California federal judge allowed Norway's central bank and a Swedish public pension fund to lodge an additional claim against KPMG in their proposed securities fraud class action over Silicon Valley Bank's 2023 failure, saying they sufficiently alleged KPMG ignored red flags as SVB's auditor.

  • August 06, 2026

    Survivors Sue Vermont Catholic Parishes For $405M In Assets

    The official committee of unsecured creditors for the Roman Catholic Diocese of Burlington, Vermont, has brought a lawsuit against the diocese and the parishes and schools that fall under its authority, arguing the institutions' trusts can, and should, be used to compensate survivors of sexual abuse and alleging the trusts hold around $405 million of estate assets.

  • August 06, 2026

    Freedom Forever Ch. 7 Shift OK'd With Reporting Terms

    A Delaware bankruptcy judge said he would approve the Chapter 7 conversion of the bankruptcy of solar power company Freedom Forever after the debtor adds language on its turnover and reporting requirements, as requested by the U.S. Trustee's Office.

  • August 06, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Unsecured creditors in Dish Network's Chapter 11 case have challenged the company's restructuring plans for six Dish Wireless debtors, while the Madoff estate reached a $25 million settlement with Banco Itaú and Steward Health's litigation trust settled with former owner Cerberus Capital Management.

  • August 06, 2026

    No Simpson Thacher Malpractice In PIPE Case, Jury Finds

    Simpson Thacher & Bartlett LLP escaped a malpractice lawsuit late Thursday over its representation of Patriot National Inc. in a private investment in public equity transaction in the years before the company's downfall.

  • August 06, 2026

    Hughes Creditors Seek Probe Of $1.5B EchoStar Transfers

    A group of noteholders of insolvent telecommunications company Hughes Satellite has asked a Texas bankruptcy court to allow the appointment of an examiner to investigate $1.5 billion in transactions that creditors alleged were self-dealing between the firm and its parent.

  • August 06, 2026

    Wine And Spirit Distributor Gets 9-Member Creditor Committee

    The Office of the U.S. Trustee on Thursday appointed nine members to the official committee of unsecured creditors in the Chapter 11 case of Republic National Distributing Co., a century-old alcohol distributor.

Expert Analysis

  • Studying Foreign Languages Makes Me A Better Lawyer

    Author Photo

    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

  • NY Times Word Puzzles Make Me A Better Lawyer

    Author Photo

    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

  • Law School's Missed Lesson: Diagnose Before Arguing

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Large Cap archive.