Large Cap

  • June 18, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Prospect Medical Holdings hopes to win approval of a $26 million insurance settlement, a trial is scheduled in the involuntary Chapter 11 case of Chinese developer Xinyuan Real Estate, New Fortress Energy affiliates are seeking Chapter 15 recognition of their U.K. restructuring, and natural gas compressor company Axip Energy Services LP is seeking confirmation of its Chapter 11 plan.

  • June 18, 2026

    Plastics Co. Trinseo Gets Final OK For Chapter 11 DIPs

    A Texas bankruptcy judge has signed off on plastics- and latex-maker Trinseo PLC's package of second-day Chapter 11 motions, allowing access to its full debtor-in-possession funding as the company pursues a $2 billion debt-for-equity swap restructuring.

  • June 18, 2026

    Del Monte Minority Lenders Can't Stay DIP Rollup Fight

    A group of minority lenders to Del Monte failed to persuade a New Jersey bankruptcy judge on Thursday to stay an adversary proceeding centered on the canned food company's Chapter 11 financing, one month after the judge denied their breach of contract claim in the case.

  • June 18, 2026

    FTX Trust Cleared For $600M Disputed Claim Fund Reduction

    The FTX Recovery Trust received approval Thursday from a Delaware bankruptcy court to reduce the funds in a disputed claims reserve by $600 million after the trust processed thousands of claims that were either allowed or modified.

  • June 17, 2026

    FTX Exec's Wife Must Face Campaign Finance Charges

    A New York federal judge Wednesday refused to throw out an indictment accusing crypto lobbyist Michelle Bond of campaign finance crimes, rejecting her argument that prosecutors previously promised her husband, a former FTX executive, that his guilty plea would mean she's in the clear.

  • June 17, 2026

    NY Judge Rejects Permanent Ban In Eletson Award Feud

    A New York judge Wednesday declined to permanently bar former majority owners of Eletson Gas from attempting to exercise control over the company or interfering with new leadership, finding the request goes beyond the initial relief sought.

  • June 17, 2026

    SIMAD Can Tap Cash To Open Summer Camps In Ch. 11

    SIMAD Holdings Ltd. won court permission on Wednesday to use some of its available $15.6 million of cash on hand as it races to open the 30 children's summer camps it owns for the season, after a freefall bankruptcy filing earlier this month left in doubt the fate of more than 20,000 campers.

  • June 17, 2026

    Aequum To Escrow Inventory Sale Funds In First Brands Row

    A Texas bankruptcy judge granted a preliminary injunction on Wednesday that will require the escrow of $18 million in inventory sale proceeds in a lien superiority dispute among lenders in the First Brands Chapter 11 case.

  • June 17, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A Delaware bankruptcy judge approved a whiskey distillery's amended liquidation plan. Creditors for boating retailer West Marine asked another Delaware judge to reject the company's plan disclosure. A the U.S. Trustee's Office balked at SiFi Networks America's proposed bid sweetener.

  • June 17, 2026

    Venezuela Wins Bid To Delay Hearing In Citgo Sale Case

    The Third Circuit has agreed to a two-month postponement of oral arguments in Venezuela's challenge of a Delaware judge's order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of the country's debt, days after Caracas announced that it was switching counsel.

  • June 17, 2026

    First Brands Wants Retiree Committee Formed In Ch. 11

    Auto parts giant First Brands Group asked a Texas bankruptcy judge to greenlight the formation of a retired employee committee, saying it cannot keep paying retiree benefits under a proposed Chapter 11 plan.

  • June 16, 2026

    Meet The Attys Leading Sleep Number's Ch. 11

    Sleep Number Corp. filed for Chapter 11 protection on June 12 to quickly sell its assets, citing macroeconomic challenges and a chaotic tariff landscape over the last year. Now, a team of Davis Polk & Wardwell LLP attorneys is steering the case.

  • June 16, 2026

    Malpractice Claimants Oppose Prospect Ch. 11 Insurance Deal

    A group of malpractice claimants in the Chapter 11 case of Prospect Medical Holdings have challenged a $26 million insurance settlement proposed by the company's plan administrator, saying the deal goes back on their guaranteed rights to pursue recovery from insurers.

  • June 16, 2026

    FTX Trust Drops $1B Ch. 11 Clawback Against Genesis Digital

    The recovery trust created under former crypto platform FTX Trading Ltd.'s Chapter 11 plan walked away from a $1.15 billion fraudulent transfer lawsuit it launched last fall in Delaware bankruptcy court against crypto mining firm Genesis Digital Assets Ltd.

  • June 16, 2026

    Fla.'s Brightline Railway Gets Bond Payment Extension

    The Florida Development Finance Corp. has extended the term rate on $985 million in bonds borrowed by Brightline Florida Holdings LLC in relation to a project to expand passenger rail in the Sunshine State, according to a notice released Tuesday.

  • June 16, 2026

    Catching Up With New Bankruptcy Case Action

    The maker of Sleep Number mattresses sought Chapter 11 protection in New York. A real estate company controlled by the Haruvi family that co-owns several apartment buildings in Manhattan also launched a bankrupt proceeding. And a California soda ash and borate mining operation filed Chapter 11 papers in Delaware.

  • June 16, 2026

    Dutch First Brands Unit Ultinon Can Seek Ch. 11 Plan Votes

    Ultinon Motion Holding BV, a Netherlands-based affiliate of embattled auto parts manufacturer First Brands received permission Tuesday to seek votes on a Chapter 11 liquidation plan after the debtor switched from an opt-out to an opt-in mechanism for obtaining creditor approval of third-party releases.

  • June 15, 2026

    Oakland Diocese Seeks OK For $180M Abuse Fund Ch. 11 Plan

    The Roman Catholic Diocese of Oakland on Monday asked a California bankruptcy judge to approve its $180 million Chapter 11 plan over the objections of sexual abuse claimants who argue the diocese can afford to give them a larger settlement.

  • June 15, 2026

    1st Circ. Says Puerto Rico Bankruptcy Doesn't Shield Officials

    The First Circuit ruled that Puerto Rico's financial restructuring does not protect government officials from being sued in their personal capacities for alleged civil rights violations, rejecting the arguments of the territory's financial oversight board.

  • June 15, 2026

    Judge Urges Targeted Mediation In Baltimore Diocese Ch. 11

    A Maryland bankruptcy judge Monday encouraged the Archdiocese of Baltimore and a group of child sexual abuse claimants to seek mediation of a lingering issue as they continue to negotiate over a Chapter 11 plan and disclosure statement.

  • June 15, 2026

    Beyond The Balance Sheet: Prince Global Tests Ch. 15 Limits

    The dramatic case of Prince Global Holdings, whose founder is accused of running one of Asia's largest transnational criminal organizations, illustrates the breadth of issues that Chapter 15 of the U.S. Bankruptcy Code can handle — and potentially its limits, cross-border insolvency experts told Law360.

  • June 15, 2026

    J&J Wants Talc MDL Tossed After Plaintiffs Withdraw Experts

    Johnson & Johnson urged a New Jersey federal court to toss all the pending cases in the sprawling multidistrict litigation alleging that its talc products caused ovarian cancer after the plaintiffs withdrew their two "marquee" experts on the link between the disease and talc use.

  • June 15, 2026

    Yellow Corp. Sets Ch. 11 Pension Claim Estimation For Sept.

    Former trucking firm Yellow Corp. received approval Monday for a three-month discovery and briefing schedule for an estimation proceeding covering the withdrawal liability claims of three pension funds, for which settlements were previously denied by a Delaware bankruptcy judge.

  • June 15, 2026

    High Court On Ch. 13 Estoppel, Prince Group Wins Ch. 15 Nod

    First Brands was cleared to send its Chapter 11 plan to a creditor vote, defeating calls to convert the case to a Chapter 7 liquidation. The Supreme Court reversed a Fifth Circuit decision that barred a man from bringing a personal injury lawsuit he failed to disclose in bankruptcy. And a company linked to an alleged trafficking ring won Chapter 15 recognition.

  • June 15, 2026

    Carlton Fields Pushes To Be Involved In Miss America Hearing

    Carlton Fields pushed back Monday on a request from the CEO of Miss America and companies linked to the pageant to bar a firm attorney from a status conference in their litigation over Miss America's bankruptcy and filed a motion to intervene in the case.

Expert Analysis

  • AI-Generated Doc Ruling Guides Attys On Privilege Risks

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    A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.

  • The Law Firm Merger Diaries: Leadership Strategy After Day 1

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    For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.

  • Law School's Missed Lessons: What Cross-Selling Truly Takes

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    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'

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    Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.

  • If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access

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    With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers that need to retain access to key AI products in the event of vendor’s bankruptcy should consider four elements that could determine whether they may invoke traditional Section 365(n) intellectual property protections, say attorneys at Sidley.

  • Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • 2 Rulings Showcase Fuzzy Limits Of 'Related To' Jurisdiction

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    The Fifth and Ninth Circuits recently handed down decisions, in Sanchez Energy and Sawtelle Partners, respectively, reminding practitioners that bankruptcy court jurisdiction over lingering disputes is not guaranteed, regardless of whether confirmation orders contain specific "retention of jurisdiction" language, says Brian Shaw at Cozen O’Connor.

  • Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

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    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • Calif. Banking Brief: All The Notable Legal Updates In Q4

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    The regulatory and litigation developments for California financial institutions in the fourth quarter of 2025 were incremental but consequential, with the Department of Financial Protection & Innovation relying on public enforcement actions to articulate expectations, and lawmakers and privacy regulators playing a role as well, says Stephen Britt at Stinson.

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

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