Large Cap

  • July 29, 2026

    MF Global Proposes Complex Plan To Speed Ch. 11 Payments

    Reorganized commodities brokerage MF Global proposed a multistep restructuring process that it says will help speed up and increase recoveries due to unsecured creditors nearly 13 years after a New York bankruptcy court confirmed its Chapter 11 plan of liquidation.

  • July 29, 2026

    Grupo Antolin Noteholders Seek Ch. 15 Toss Or Transfer

    Objecting noteholders have told a New York bankruptcy judge that the Chapter 15 cases of U.S. affiliates of Spanish auto parts maker Grupo Antolin violate U.S. bankruptcy principles and should be thrown out, while additionally arguing the cases should be transferred to Michigan if they are not dismissed.

  • July 29, 2026

    Sleep Number Can Keep $1.8M Employee Retention Promise

    A New York bankruptcy judge has overruled the objection from the U.S. Trustee to the employee retention plan from Sleep Number, finding that the employees aren't insiders, that the risk of them leaving was real and that it would be unfair to renege on promises to the workers.

  • July 29, 2026

    Buchalter Taps Longtime Atty To Lead San Francisco Office

    Buchalter PC announced that a longtime bankruptcy attorney who previously served on the firm's board of directors has been named managing partner of its San Francisco office.

  • July 29, 2026

    Meet The Attys In IT Co. TPx Communications' $1.1B Ch. 11

    Technology and cybersecurity services group TPx Communications has tapped lawyers from Sidley Austin LLP to assist the debtor as it seeks to address some $1.1 billion in debt through Chapter 11.

  • July 29, 2026

    Baker Donelson Adds Winstead Bankruptcy Pro In Houston

    Baker Donelson Bearman Caldwell & Berkowitz PC has fortified its bankruptcy practice with a Houston-based shareholder who came aboard from Winstead PC.

  • July 29, 2026

    Lending Firm YSA Hits Ch. 11 With Over $500M In Debt

    YSA Investments 1, a private lender and asset management company, has filed for Chapter 11 protection in Delaware bankruptcy court with more than $500 million in debt.

  • July 28, 2026

    Alkegen Can Draw On Ch. 11 Financing In Prepack Case

    Bankrupt specialty materials maker Alkegen received permission Tuesday from a Texas judge to access part of a $630 million bankruptcy loan from existing lenders after opposition over the size of the interim package was overruled.

  • 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.

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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