Large Cap

  • September 17, 2026

    2nd Circ. Pauses Nielsen Order In Cumulus Tying Case

    The Second Circuit has put on hold a preliminary injunction ordering the Nielsen Co. to offer its national ratings data separate from its local offerings after the company argued that the lower court changed the terms of the injunction after the Second Circuit approved it the first time.

  • September 17, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A New Mexico industrial property reached a deal on a proposed $30 million sale order, New Fortress Energy announced the end of its restructuring and Warrior Technologies asked for more time to file a Chapter 11 plan.

  • September 17, 2026

    Judge OKs Omnicare Plan That Will Settle $1B In Fraud Claims

    A Texas bankruptcy judge on Thursday approved CVS unit Omnicare LLC's Chapter 11 plan, which will spin off the unit from the pharmacy megachain and settle $1 billion in federal fraud claims, after the debtor resolved all objections.

  • September 17, 2026

    Lugano's Ch. 11 Plan Confirmed Pending Ex-CEO Deal Terms

    The Delaware bankruptcy court Thursday granted confirmation of jewelry house Lugano Diamonds' Chapter 11 plan, conditioned on the documentation of a settlement with the company's former CEO.

  • September 17, 2026

    TV Azteca Files Ch. 15 Seeking Recognition Of Mexican Reorg

    Spanish-language television company TV Azteca has filed for Chapter 15 relief in New York bankruptcy court, seeking U.S. recognition of its Mexican restructuring and an order protecting it from litigation in New York that it says threatens its creditors.

  • September 17, 2026

    Sleep Number OK'd For $154M Paydown In Ch. 11 Plan Deal

    A New York bankruptcy judge Thursday authorized personalized mattress retailer Sleep Number to pay down around $154 million of its prepetition debt as part of a Chapter 11 plan support agreement with its unsecured creditors and secured lenders.

  • September 17, 2026

    House Passes Bankruptcy Bill Restoring Higher Debt Limits

    The U.S. House of Representatives approved the Bankruptcy Threshold Adjustment Act of 2026 late Wednesday by a voice vote, advancing legislation that would bring back and make permanent higher debt limits for certain small businesses and individuals accessing streamlined restructuring processes.

  • September 17, 2026

    A Look At Sleep Number's Ch. 11 Liquidation Plan

    Personalized mattress retailer Sleep Number Corp. will ask a New York bankruptcy judge to approve a disclosure statement for its proposed Chapter 11 liquidation plan and authorize it to solicit votes from creditors. Here's a look at the liquidation plan it is seeking to have confirmed.

  • September 16, 2026

    Oakland Diocese Trades Last Blows Over Ch. 11 Plan Bid

    The Roman Catholic Diocese of Oakland, its unsecured creditors committee and insurers made their final arguments to a California bankruptcy judge Wednesday, the debtor vying to cinch its proposed Chapter 11 plan as the others balked at it.

  • September 16, 2026

    FTX Exec's Wife Headed For Spring Campaign Finance Trial

    A Manhattan federal judge on Wednesday set a new trial date for a crypto-lobbyist/attorney turned Republican congressional candidate who's accused of plotting with her husband, jailed former FTX executive Ryan Salame, to take illegal campaign cash from the bankrupt exchange.

  • September 16, 2026

    Experts Revive Ch. 16 Proposal To Curb 'Bankruptcy Tourism'

    A group of experts that advises Congress on bankruptcy matters is making a renewed push for a new chapter of the Bankruptcy Code to combat an increase in what one judge has called "bankruptcy tourism," as debtors are increasingly looking abroad to avoid costly Chapter 11 filings.

  • September 16, 2026

    Contractor, Defense Agency Reach Ch. 11 Claim Setoff Deal

    Bankrupt government defense contractor Noble Supply & Logistics LLC reached a short-term deal with the Defense Logistics Agency on Wednesday in Delaware court that will allow for the agency to make contractual payments to the debtor as it pursues a Chapter 11 asset sale.

  • September 16, 2026

    7 Appointed To Defense Contractor's Ch. 11 Creditor Panel

    The U.S. Trustee's Office appointed seven members to the official committee of unsecured creditors in the Chapter 11 case of defense contractor Noble Supply & Logistics on Wednesday.

  • September 16, 2026

    Nielsen Says Cumulus Order Illegally Dictates Sale Terms

    A Nielsen Co. attorney on Wednesday blasted a federal judge's order that he said dictated the terms of the company's sale of nationwide radio ratings to Cumulus Media, telling a Second Circuit panel that the new order was "completely different" from an injunction the appellate court had upheld.

  • September 16, 2026

    Reed Smith Must Hand Ch. 11 Files To Reorganized Eletson

    A New York bankruptcy judge has ordered Reed Smith LLP and financial advisers to turn over records from Eletson Holdings Inc.'s Chapter 11 case to the reorganized shipping group and its new owners, finding the documents are not covered by a Second Circuit stay.

  • September 15, 2026

    Talc Co. Barretts' Creditors Again Call For End Of Its Ch. 11

    The unsecured creditors committee in the Chapter 11 case of Barretts Minerals has accused the former talc supplier's parent of not delivering on its promises to fund the proceeding, asserting that this has left the debtor administratively insolvent and its three-year-old bankruptcy in need of dismissal.

  • September 15, 2026

    DC Judge Blocks 2nd Trump Naming Effort At Kennedy Center

    A D.C. federal judge rejected the Kennedy Center's latest effort to put President Donald Trump's name on the building's facade Tuesday, saying yet again that the performing arts center's board can't memorialize anyone but John F. Kennedy at the facility without Congress' say-so.

  • September 15, 2026

    Catching Up With New Bankruptcy Case Action

    Latvian carrier airBaltic filed for Chapter 11 protection with more than $1 billion in liabilities, following a sharp rise in jet fuel prices amid the Iran-U.S. conflict. Solar farm operator PGR Lessee I filed for bankruptcy protection, while telecom infrastructure developer Full Circle Fiber filed for Chapter 7, each reporting more than $100 million in debts. 

  • September 15, 2026

    Insurers Can't Nix $195M Opioid Coverage Bid, Trustee Says

    Chubb, Liberty Mutual and Lloyd's of London units and other insurers can't get off the hook for covering the remainder of third-party payor opioid lawsuits against Endo International, a representative for a trust of the bankrupt pharmaceutical company told a Pennsylvania federal court.

  • September 15, 2026

    Hughes Says Noteholders' Ch. 11 Plan Proposal Is Illegal

    Hughes Satellite Inc. asked a Texas bankruptcy judge to strike a noteholder group's motion to terminate its exclusive right to file a Chapter 11 plan, arguing that the group violated the Bankruptcy Code by publicly filing an alternative plan before exclusivity had ended. 

  • September 15, 2026

    Meet The Attys Aiding Noble Supply & Logistics In Ch. 11 Case

    U.S. military contractor Noble Supply & Logistics LLC has tapped attorneys from Cole Schotz PC and Kirkland & Ellis LLP to help it navigate the Chapter 11 case it began after the cancellation of a $1.2 billion contract.

  • September 15, 2026

    AirBaltic Gets OK To Tap $162M In Ch. 11 Financing

    A New York bankruptcy judge Tuesday gave Latvian carrier airBaltic permission to draw on nearly $162 million in Chapter 11 financing, overruling the objections of bondholders who argued they were facing loss of value of their collateral.

  • September 15, 2026

    Judge To OK $581M Genesis Ch. 11 Settlement

    A Texas bankruptcy judge on Tuesday agreed to approve a settlement valued at $581 million between nursing home operator Genesis Healthcare and its creditors, allowing the debtor to clear another hurdle on its path out of Chapter 11.

  • September 15, 2026

    Ex-Practical Law Content Lead Joins Brithem As Partner

    Brithem LLP has announced the hiring of Jordanna Nadritch, who previously worked at Thomson Reuters' Practical Law, as a partner charged with leading its artificial intelligence initiatives.

  • September 15, 2026

    Trinseo Judge Orders Mediation As He Prepares Ch. 11 Ruling

    A Texas bankruptcy judge on Tuesday ordered plastics maker Trinseo and its warring creditors to engage in mediation over a slew of disputes tied to its Chapter 11 plan, encouraging the parties to reach a resolution while he prepares a written opinion on the issues. 

Expert Analysis

  • 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.

  • What A Court Doc Audit Reveals About Erroneous Filings

    Author Photo

    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
    Author Photo

    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.

  • AI Presents A Make-Or-Break Moment For Outside Counsel

    Author Photo

    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • 8 Tariff Refund Questions For Restructuring Professionals

    Author Photo

    For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act raises several questions about how to capture legitimate recoveries while protecting an enterprise from the consequences of its own history, says Jonny Frank and Laura Greenman at StoneTurn, and Andrew Popescu at Province.

  • Using Liability Forecasts In Financial Reports Vs. Bankruptcy

    Author Photo

    Understanding the differences of scope, time frame and stakes between liability forecasts drawn up for financial reports versus those used in bankruptcy litigation is crucial for attorneys seeking to leverage economic analysis to ask the right questions, and strengthen their compliance and courtroom strategies, says Jorge Gallardo-García at Bates White.

  • When 'Qualified Transferees' Can Chill UCC Foreclosures

    Author Photo

    A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

    Excerpt from Practical Guidance
    Author Photo

    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

  • How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs

    Author Photo

    In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.

  • Law School's Missed Lessons: The Human Element

    Author Photo

    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • Law School's Missed Lessons: In Court, It's About Storytelling

    Author Photo

    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Large Cap archive.