Large Cap

  • 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.

  • June 12, 2026

    2nd Circ. Backs Bankman-Fried's 25-Year Fraud Conviction

    The Second Circuit on Friday upheld Sam Bankman-Fried's conviction and an $11 billion forfeiture order in an opinion that found the ex-CEO's claims that he could have made FTX customers whole didn't matter in the face of the government's "robust" evidence of his role in the fraud that felled the cryptocurrency exchange.

  • June 12, 2026

    Auto Parts Co. First Brands Spared Ch. 7 Conversion

    A Texas bankruptcy judge on Friday allowed auto parts maker First Brands to send the fifth version of its Chapter 11 plan out for a vote, denying a U.S. trustee motion to scuttle the plan and dismiss or convert the case to a Chapter 7.

  • June 12, 2026

    Tricolor Judge Holds 'Pseudo-Attorney' In Contempt

    A Texas bankruptcy judge has held a man and his company in contempt of court for improperly acting like an attorney on behalf of creditor and subprime auto lender Tricolor Holdings, saying the man would oscillate between holding himself out as merely a consultant and then acting as a "pseudo-attorney," while bilking clients in the case to the tune of $73,500. 

  • June 12, 2026

    Jane Street Used Tips To Dodge Losses, Terraform Says

    The administrator for bankrupt cryptocurrency company Terraform Labs has urged a New York federal court not to dismiss his suit against trading firm Jane Street over claims the firm used confidential information to profit from Terraform's collapse, arguing that it is liable as an insider and a tippee.

  • June 12, 2026

    Joann Vendors' Suit To Remain In Del. Bankruptcy Court

    A Delaware bankruptcy judge ruled Thursday that claims in a lawsuit brought by vendors of liquidated craft retailer Joann Inc. are not property of Joann's estate and can continue, as the claims are direct claims against Joann's former officers and directors best adjudicated by the Delaware bankruptcy court.

  • June 12, 2026

    Texas Court Urged To Keep Judge Romance Suit Alive

    In multiple filings, EJS Investment Holdings LLC has asked a Texas federal judge to reject attempts by former U.S. Bankruptcy Judge David Jones and other parties to dismiss its proposed class action over his secret romance with a former Jackson Walker LLP partner.

  • June 12, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Yellow Corp. will undergo a status conference regarding pension plan settlements, Warrior Technologies will vie for final approval of its bankruptcy financing, and plastic company Trinseo PLC will also seek debtor-in-possession financing approval.

  • June 12, 2026

    Sleep Number Hits Chapter 11 With $415M Sale Offer

    Personalized mattress retailer Sleep Number Corp. filed for Chapter 11 protection Friday in New York to quickly sell its assets, citing macroeconomic challenges and a chaotic tariff landscape over the last year.

  • June 11, 2026

    Lenders Spar Over First Brands Inventory Liens In Ch. 11

    A secured lender to bankrupt auto parts-maker First Brands Group told a Texas judge on Thursday that it has senior liens on inventory that served as loan collateral for a subsidiary of the debtor, and asked for the imposition of an injunction that would keep the proceeds of inventory sales from being distributed.

  • June 11, 2026

    High Court Estoppel Ruling Eschews Rigid Tests For Debtors

    A U.S. Supreme Court ruling Thursday that rejected the Fifth Circuit's "overly rigid" judicial estoppel rule gives lower courts more latitude to decide whether a debtor's failure to disclose a claim in bankruptcy was a mistake, but it leaves open numerous questions about the duties of consumer debtors, experts told Law360.

  • June 11, 2026

    Venezuela Turns To Greenberg Traurig In Citgo Sale Appeal

    Venezuela has tapped heavyweight lawyers from Greenberg Traurig LLP as its new counsel in a Third Circuit appeal challenging a Delaware judge's order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of the country's debt.

  • June 11, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    One bankrupt life sciences firm sought sanctions against an investor and the U.S. trustee sought to liquidate another one, while a medical transport company fought an attorney fee bid and creditors blasted the liquidation plan proposed for a Nevada mining company.

  • June 11, 2026

    Some Trinseo Lenders Move To Quash Others' Ch. 11 Lawsuit

    A group of lenders for bankrupt plastics company Trinseo PLC asked a Texas bankruptcy judge to dispose of a lawsuit stemming from the Chapter 11 case in which other lenders are seeking to dismantle two prebankruptcy refinancings the debtor undertook, saying the plaintiffs are barred from bringing the suit.

Expert Analysis

  • 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.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

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    While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential risks to their business model and the power supply arrangements they rely on appear on the horizon, says Mark Sherrill at Chamberlain Hrdlicka.

  • 3 Notable Developments In Ch. 15 Bankruptcy This Year

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    Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified the framework of Chapter 15 surrounding nonparty releases, reinforced the principles of a debtor's center of main interest in the face of extensive mass tort litigation, and reviewed synthetic cross-border proceedings, say attorneys at Troutman.

  • Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

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