Large Cap

  • January 23, 2026

    FTX Trust To Appeal Loss On Ch. 11 Charity Claim Dispute

    FTX Recovery Trust said it will appeal after losing its bid to claw back a $650,000 bonus given to an employee of the defunct cryptocurrency exchange that was earmarked for charitable purposes.

  • January 23, 2026

    Saks Gets OK To Start Liquidating Online Unit's Inventory

    A Texas bankruptcy judge gave one of Saks' online affiliates permission to get the ball rolling on an inventory liquidation after the retailer said a quick sale is needed to meet its lenders' terms for allowing it to use cash collateral.

  • January 23, 2026

    Anthology Gets OK For Reorg Plan After Creditor Deal

    Education technology group Anthology got approval Friday for a revised Chapter 11 reorganization plan that includes a deal with unsecured creditors partially paid for by the settlement of a prepetition suit against a lender.

  • January 22, 2026

    Pa. Justices Say Chester Can't Move Utility Assets Alone

    The Supreme Court of Pennsylvania has declared that the city of Chester lost the ability to single-handedly reclaim the assets of its water utility when the composition of the authority's board changed.

  • January 22, 2026

    First Brands Lifts Stay, Keeps Affiliate Cases Alive In Deal

    Counsel for car parts maker First Brands told a Texas bankruptcy judge Thursday it agreed to lift the automatic stay of its Chapter 11 case to allow certain lenders to access around $250 million of inventory collateral, under an agreement that also resolved a motion to dismiss the bankruptcies of debtor-affiliated special purpose vehicles.

  • January 22, 2026

    SpaceX Eyes IPO, Spirit Mulls PE Owner, And Other Rumors

    Elon Musk's SpaceX is putting together a group of Wall Street investment banks for a potential IPO, Spirit Airlines is in talks with investment firm Castlelake to help lead it out of bankruptcy, and OpenAI CEO Sam Altman looks to the Middle East to potentially raise tens of billions of dollars. 

  • January 22, 2026

    Retired Judge Oversees Mediation In Porta-Potty Co. Ch. 11

    Retired U.S. Bankruptcy Judge Robert D. Drain has until Friday to mediate a conflict at the heart of a Chapter 11 plan proposed by the company behind a major porta-potty provider, with the dispute stemming from a 2024 liability management exercise that did not include a key creditor.

  • January 22, 2026

    Linqto's Ch. 11 Plan Docs Lack Crucial Info, Creditors Say

    The lead plaintiffs in a proposed class action against the former CEO of startup investment platform Linqto Texas objected to the company's proposed Chapter 11 plan late Wednesday, telling a Texas bankruptcy court the documents are missing critical information on assets that will be distributable to general unsecured creditors.

  • January 22, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The owner of a vacant lot on the Hudson River asked for a bankruptcy judge's blessing to sell the site for $45 million, a Delaware bankruptcy judge rejected Byju's Alpha founder Byju Raveendran's bid for discovery, and a rent-to-own furniture retailer sought approval for the sale of nine stores for $700,000.

  • January 22, 2026

    Harris Beach Adds Longtime Member Of US Trustee's Office

    A veteran member of the U.S. Trustee's Office who worked on high-profile Chapter 11 cases in Connecticut, including those involving Chinese exile Miles Guo and rapper 50 Cent, has joined Harris Beach Murtha Cullina PLLC.

  • January 22, 2026

    Cadwalader Fund Finance Partner Joins King & Spalding

    A Cadwalader Wickersham & Taft LLP partner has moved to King & Spalding LLP's finance and restructuring practice group ahead of his former firm's planned merger with Hogan Lovells.

  • January 21, 2026

    Yellow Corp. Defends Pension Fund Deals Amid Objection

    Insolvent trucking company Yellow Corp. defended its settlements with 15 multiemployer pension funds to resolve about $7.4 billion worth of withdrawal liability claims after major shareholders objected that the debtor should have settled for less.

  • January 21, 2026

    Experts Can Testify On Cancer Link In J&J Talc Suits

    A special master has said experts for the tens of thousands of women whose suits in New Jersey federal court allege that Johnson & Johnson talc products caused their ovarian cancer can testify at trial about the causal connection between their disease and use of the products.

  • January 21, 2026

    Creditor Committee Blasts Office Properties' $125M DIP Bid

    The unsecured creditors' committee in a Massachusetts-based real estate investment trust's Chapter 11 case balked at the debtor's push for final approval of its proposed $125 million post-petition financing arrangement, saying the deal unnecessarily privileges a noteholders' group at the expense of other parties.

  • January 21, 2026

    Anthology Lender Says It Should Get Indemnity In Ch. 11 Plan

    A creditor of Anthology Inc. has asked a Texas bankruptcy judge to reject the educational technology company's Chapter 11 plan, saying it doesn't provide for money Anthology owes for the creditor's defense against a suit launched by an Anthology affiliate.

  • January 21, 2026

    Revised Imerys Ch. 11 Plan Heading For Feb. 2 Hearings

    Imerys Talc, Cyprus Mines and some of their insurance carriers on Wednesday gave a preview of upcoming confirmation hearings on a joint Chapter 11 plan, with the talc companies arguing before a Delaware bankruptcy judge that the revised plan sufficiently protects insurer rights.

  • January 21, 2026

    Catching Up With New Bankruptcy Case Action

    Saks Global Enterprises LLC began a bankruptcy to address $3 billion in debt, a significant Popeye's Louisiana Kitchen franchise operator declared bankruptcy with over $342 million in liabilities, and a Dallas hospital filed for Chapter 11 with more than $50 million in debt.

  • January 20, 2026

    Law360 Names Firms Of The Year

    Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.

  • January 20, 2026

    SF Diocese's Ch. 11 Abuse Claims Not Covered, Insurers Say

    The Archdiocese of San Francisco knew or should have known about sexual abuse allegations against its clergy dating back decades, two insurance companies have argued in a California bankruptcy court lawsuit over policy coverage.

  • January 20, 2026

    Genesis Healthcare Gets OK On $1B Asset Sale In Ch. 11

    A Texas bankruptcy judge on Tuesday signed off on Genesis Healthcare's roughly $1 billion sale of its assets to an affiliate of NewGen Health, about a month after the judge rejected a previous deal that would have kept company insiders in control of Genesis.

  • January 20, 2026

    Linqto Bankruptcy Filing Was Unjustified, Ex-Exec Says

    The former chief executive of Linqto is challenging the investment platform's proposed Chapter 11 plan and has asked a Texas bankruptcy judge to dismiss the case, arguing the debtor is not insolvent.

  • January 20, 2026

    FTX Trust Hit With Sanctions After Ch. 11 Donation Fight Loss

    The FTX Recovery Trust is facing sanctions after losing its bid to claw back a $650,000 bonus given to an employee of the defunct cryptocurrency exchange that was earmarked for charitable purposes, with a Delaware bankruptcy judge saying the trust's efforts were harmful to all parties involved.

  • January 20, 2026

    Saks Hits Ch. 11, Appeal Of Boy Scouts Bankruptcy Plan Nixed

    The parent of Saks Fifth Avenue filed for Chapter 11 in Texas with $3.4 billion in debt tied to its Neiman Marcus deal, the U.S. Supreme Court declined to hear an appeal in the Boy Scouts of America's bankruptcy case, and the European Commission approved hedge fund Elliott Investment's $5.89 billion bid for control of Citgo's parent. This is the week in bankruptcy.

  • January 20, 2026

    McDonald Hopkins Forms Practice Group For Law Firm MSOs

    Midwestern firm McDonald Hopkins LLC announced Tuesday that it has launched a practice group focused on handling deals between law firms and prospective private equity investors, which the firm said is a natural extension of its work on litigation funding deals and private equity investment in other professional services.

  • January 20, 2026

    Frontier CLO Departs With $2M Severance After Verizon Deal

    The chief legal officer at Frontier Communications is set to receive close to $2 million in severance after he and three other company executives resigned on Tuesday following Verizon's takeover of the national fiber network internet service provider.

Expert Analysis

  • Law School's Missed Lessons: Negotiation Skills

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    I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.

  • Bar Exam Reform Must Expand Beyond A Single Updated Test

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    Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.

  • Asbestos Trusts And Tort Litigation Are Still Not Aligned

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    A recent ruling by a New York state court in James Petro v. Aerco International highlights the inefficiencies that still exist in asbestos litigation — especially regarding the continued lack of coordination between the asbestos tort system and the well-funded asbestos trust compensation system, says Peter Kelso at Roux.

  • The Legal Education Status Quo Is No Longer Tenable

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    As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

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    In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.

  • Section 1983 Has Promise After End Of Nationwide Injunctions

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    After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.

  • Law School's Missed Lessons: Learning From Failure

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    While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.

  • Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • Special Committees Gain Traction In Chapter 11 Investigations

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    Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.

  • Law School's Missed Lessons: Navigating Client Trauma

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    Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.

  • 4 Former Justices Would Likely Frown On Litigation Funding

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    As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • Playing The Violin Makes Me A Better Lawyer

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    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

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