Large Cap

  • 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.

  • August 06, 2026

    Suit Against Ex-Lumio Execs Will Stay In Delaware

    A Delaware bankruptcy judge Thursday denied a request by former executives of solar panel provider Lumio Holdings to transfer a suit against them by the company's liquidating trustee to a Utah court.

  • August 05, 2026

    Out-Of-Court Deals Fuel Slowdown In Large-Cap Ch. 11s

    The prevalence of out-of-court restructurings among big companies has come into sharper focus in the first half of this year — whether those companies have filed for bankruptcy yet or not, experts told Law360.

  • August 05, 2026

    Summer Camps Draw $440M Through Bids, Sales In Ch. 11

    Bankrupt summer camp operator SIMAD Holdings stands to reap $440 million so far from the sale of 27 of its camps, including a $120.75 million winning bid for the "crown jewel" property in a wealthy New York City suburb.

  • August 05, 2026

    Dish Seeks Early Note Payoff To Cut $11M In Monthly Interest

    Certain debtors in the Chapter 11 case of Dish DBS Corp. have asked for a Texas bankruptcy court's permission to pay off $2.75 billion of notes with the proceeds of a $23 billion spectrum sale to AT&T, saying they would save about $11 million per month in interest.

  • August 05, 2026

    Judge Rejects Competing Baltimore Diocese Ch. 11 Plans

    A Maryland bankruptcy judge has denied approval of disclosure statements filed by the Archdiocese of Baltimore and a committee of abuse claimants in the church's Chapter 11 case, finding both reorganization proposals were "patently unconfirmable" under the Bankruptcy Code. 

  • August 05, 2026

    Simpson Thacher Witness Takes Aim At PIPE Stocks Claim

    Simpson Thacher & Bartlett LLP wrapped up its defense Wednesday to a Florida state malpractice suit from the founder of Patriot National Inc. over the firm's handling of a private investment in public equity transaction, with a stock market expert testifying that short selling stock allowed under the deal didn't lead to the insurance services company's downfall.

  • August 05, 2026

    NY Judge Chucks Voyager's Ch. 11 Plan Exculpations

    A New York federal judge threw out an exculpatory provision in former cryptocurrency exchange Voyager's Chapter 11, saying that while the language wasn't precluded by a U.S. Supreme Court case, it was nonetheless invalid.

  • August 05, 2026

    Investors Say Transportation Biz HGIM Ignored Books Demand

    Three investment funds affiliated with Black Diamond Capital Management have sued HGIM Corp. in Delaware's Court of Chancery, accusing the marine transportation company of stonewalling their request to inspect corporate records tied to CEO Shane J. Guidry's push for majority control of the company.

  • August 05, 2026

    Cyclospora Outbreak Sends Struggling Salad Chain To Ch. 11

    The operators of the restaurant chain Salad and Go have filed for Chapter 11 protection in a Texas bankruptcy court with more than $500 million in liabilities, saying the business will be winding down after years of losses were accelerated by the cyclospora outbreak that has sickened thousands of people throughout the country.

  • August 04, 2026

    Reed Smith, Ex-Eletson Owners Must Face Co.'s Claims

    A New York bankruptcy court has preserved the claims brought by reorganized shipping business Eletson Holdings against its former shareholders and Reed Smith, which formerly represented the company and its onetime owners, in a case accusing the ex-shareholders of scheming to seize control of Eletson's assets in defiance of its Chapter 11 plan.

  • August 04, 2026

    Catching Up With New Bankruptcy Case Action

    Two companies facing significant asbestos-related liabilities headed to bankruptcy court with roadmaps for a resolution. A steel tube maker sought Chapter 15 protection following what it described as a year of tariff-related woes. And Arizona's largest fire district, which has stopped responding to emergency calls, filed for Chapter 9 relief after its local government withheld funding.

  • August 04, 2026

    Summer Camp Owner Can't Find Atty, Mulls Nixing Ch. 11

    One of the brothers behind the insolvent summer camp empire of SIMAD Holdings told the New Jersey bankruptcy court Tuesday his personal Chapter 11 case should be dismissed because he was so deep in debt that creditors stood to receive less than one cent on the dollar even if everything he owned was liquidated.

  • August 04, 2026

    Modivcare, White & Case Settle Ch. 11 Fee Dispute

    A Texas bankruptcy judge has approved a deal between Modivcare and advisers to its official committee of unsecured creditors, putting to bed turmoil over the committee's $19 million fee application and a connected contempt motion against the reorganized health services group.

  • August 04, 2026

    Judge Will OK Hughes Satellite Cash Use With Escrow

    A Texas bankruptcy judge said Tuesday that he would allow Hughes Satellite Systems Corp., a unit of telecommunications company EchoStar that provides broadband internet services, to use cash collateral if it sets aside a sum in escrow to protect creditors.

  • August 04, 2026

    Byju's Founder's Bankruptcy Appeal Bid Fails In Del.

    A Delaware federal court has denied Byju's founder Byju Raveendran's request to pursue an interlocutory appeal of bankruptcy court rulings in a lawsuit over an alleged $533 million fraudulent transfer of estate assets, finding the issues overlap with those in a pending appeal of the bankruptcy court's final judgment.

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.