Large Cap

  • 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. 

  • September 14, 2026

    Global Wound Care Settles $1.5B FCA Claims For $525M

    Bankrupt specialty medical practice Global Wound Care has agreed to pay up to $525 million to the federal government to resolve False Claims Act claims with a price tag of $1.5 billion, part of a settlement it said "provides the only viable pathway" to resolution and moving forward with a reorganization.

  • September 14, 2026

    Cumulus Tells 2nd Circ. Even Brief Stay Of Nielsen Order Is Bad

    Cumulus Media says it's going to be irreparably harmed if the Second Circuit doesn't lift the administrative stay it put in place stopping a preliminary injunction that Nielsen is challenging for the second time from going into effect while the appellate court looks at the matter.

  • September 14, 2026

    Kennedy Center Says Only Trump Name Can Avert Bankruptcy

    The board of trustees of The John F. Kennedy Center for the Performing Arts intends to vote Tuesday on a pair of resolutions that say the facility is facing bankruptcy "within weeks" without fundraising efforts from President Donald J. Trump, which the documents say would probably only come if the center reapplies his name to the building.

  • September 14, 2026

    Dish Ch. 11 Litigation Paused To Give Time For Talks

    A Texas bankruptcy judge Monday agreed to temporarily halt litigation and discovery in the Chapter 11 cases of Dish DBS and affiliate Dish Wireless after hearing parties wanted a two-week-long breather for negotiations.

  • September 14, 2026

    LIV Golf Lands In Ch. 11, Hughes Satellite Creditors Float Plan

    LIV Golf arrived in bankruptcy court after Saudi Arabia's Public Investment Fund pulled its backing, a group of noteholders of telecommunications company Hughes Satellite has sought to file its own restructuring plan, and a Delaware bankruptcy judge sustained objections to the retention of Herbert Smith Freehills Kramer LLP as the counsel of West Virginia coal plant operator Omnis Pleasants. 

  • September 14, 2026

    NOLA Archdiocese Can't Keep Board Secret, Trustee Says

    The trustee for the abuse claims settlement trust of the Archdiocese of New Orleans wants to compel the church to disclose the names of the members of the internal review board advising it on matters of sexual abuse, saying transparency about who is on the board is essential to ensuring accountability.

  • September 14, 2026

    Celsius Sues Crypto Co. BitMEX To Recoup $499M Of Bitcoin

    The litigation administrator for defunct cryptocurrency group Celsius has sued BitMEX in New York bankruptcy court, accusing the digital asset derivative trading platform of manipulating the crypto market and triggering liquidation of bitcoin now worth $499 million.

  • September 14, 2026

    LIV Golf Reorg Hinges On Pro Golfers, Deal For $3B Tax Loss

    LIV Golf's bid to emerge from bankruptcy with fresh funding and an expanded pool of players depends on the embattled league's ability to win over star golfers who are owed millions of dollars. Without them, it risks losing a restructuring deal and the use of at least $3 billion in tax assets that attracted its new investor, experts told Law360.

  • September 14, 2026

    Papaya Gaming Gets Timeline For Ch. 15 Recognition Fight

    A Delaware bankruptcy judge Monday outlined the path ahead toward considering whether mobile gaming company Papaya Gaming Inc. should receive Chapter 15 recognition for its insolvency proceeding in Israel.

  • September 14, 2026

    Detroit, Firefighters Union Win Seniority Appeal

    The city of Detroit and its firefighters union have defeated the remaining claims of two firefighters who challenged their treatment after returning from disability retirement, with a Michigan state appeals court finding their claims either conflicted with seniority rules adopted during the city's bankruptcy or lacked sufficient support.

  • September 14, 2026

    Foley Hoag Grows Debt Finance Team With New Co-Chair

    An attorney who built her debt finance practice for more than 26 years at Goodwin Procter LLP has recently joined Foley Hoag LLP's Boston office, where she has been selected to co-lead the firm's debt finance team.

  • September 14, 2026

    Carlton Fields Pushes To Demand Fees In Miss America Fight

    Carlton Fields has urged a Florida federal court to adopt a magistrate judge's recommendation that the firm be allowed to intervene in a dispute involving its charging lien for unpaid legal fees in a $500 million dispute over the ownership of the Miss America competition.

  • September 14, 2026

    Latvian Carrier AirBaltic Hits Ch. 11 After COVID, War Shocks

    Latvian carrier airBaltic filed for Chapter 11 bankruptcy protection in New York on Monday, citing liabilities of more than $1 billion, after years of financial strain from the COVID-19 pandemic, Russia's invasion of Ukraine and a sharp increase in jet fuel prices following the outbreak of the Iran-U.S. conflict in early 2026.

  • September 11, 2026

    Hughes Satellite Creditors Ask To Float Their Own Ch. 11 Plan

    A group of noteholders of telecommunications company Hughes Satellite has asked a Texas bankruptcy court to terminate the period during which only the debtor can file a reorganization plan so that the creditors can propose their own plan.

  • September 11, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Nightclub Balcon Salon will have a hearing on its liquidation plan and disclosure, FTX's recovery trust will undergo an omnibus hearing and a Texas bankruptcy judge will conduct a status conference in Fat Brands' case.

  • September 11, 2026

    Inspired Healthcare Reports $582M In Bids On Assets

    Inspired Healthcare Holdings has told a Texas bankruptcy judge it secured $582.3 million in offers for two dozen of its senior living developments, while two lenders are alleging the debtor failed to maximize the value of the properties by not considering an all-asset bid.

  • September 11, 2026

    Minnesota Vikings Seek Payment In Sleep Number Ch. 11

    An affiliate of the Minnesota Vikings has asked a New York bankruptcy judge to require Sleep Number to pay more than $313,000 that the NFL team says the mattress company owes under a sponsorship agreement.

  • September 11, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaster TV Azteca file commercial fraud claims against Barclays and Metro Bank.

  • September 11, 2026

    Meet The Attys Acting As LIV Golf's Ch. 11 Caddies

    LIV Golf has hired attorneys from Gibson Dunn & Crutcher LLP and Cole Schotz PC to assist it as the league looks to quickly secure confirmation of a Chapter 11 plan supported by new investors that would give its golfers a majority stake in the reorganized golf tour.

  • September 10, 2026

    Bankman-Fried Asks Justices To Review His Fraud Conviction

    Incarcerated FTX founder Sam Bankman-Fried urged the U.S. Supreme Court on Thursday to review the Second Circuit's decision affirming his fraud conviction and $11 billion forfeiture order, saying now is the time to resolve whether evidence of fraud victims' losses belongs in fraudulent-inducement prosecutions and whether his "crushing fine" is constitutional.

  • September 10, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Camp Mystic will languish in Chapter 11 unless a trustee takes over from the owners of the Texas summer camp, its unsecured creditors said. A company that provides data training for artificial intelligence models said it plans to top Google's $10 million bid for the data of Spirit Aviation Holdings. Alcohol distributor Republic National Distributing Co. has proposed an $11 million private sale of certain assets. 

Expert Analysis

  • Law School's Missed Lessons: How To Draft Pleadings

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

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