Large Cap

  • June 24, 2026

    Judge OKs Purdue Claims Trustee, Distribution Rules

    The New York bankruptcy judge presiding over the Chapter 11 case of former OxyContin maker Purdue Pharma on Wednesday approved the appointment of a trustee to administer neonatal abstinence syndrome claims and the adoption of distribution procedures to claimants who are still minors.

  • June 24, 2026

    Stevens & Lee Adds 5-Atty Bankruptcy Team In New Jersey

    Stevens & Lee PC has brought on five Genova Burns LLC lawyers in New Jersey, strengthening the firm's bankruptcy and financial restructuring department.

  • June 24, 2026

    Builder Files Ch. 11 Suit To Block Solar Panel Collections

    Residential developer Taylor Morrison has asked a Delaware bankruptcy judge to bar the buyer of SunPower Corp.'s assets from contacting owners of homes it built, arguing the purchaser can't repossess installed solar panels to satisfy a $500,000 receivable.

  • June 24, 2026

    FTX Exec's Wife Gets Trial Date In Campaign Finance Case

    A Manhattan federal judge Wednesday scheduled a November trial for crypto-lobbyist Michelle Bond, as she seeks to beat charges alleging she agreed with her husband, jailed former FTX executive Ryan Salame, to take illegal campaign cash from the bankrupt exchange.

  • June 24, 2026

    JPM's Construction Debt Grows As Wells Pulls Back By $1.6B

    JPMorgan's construction debt on the books rose in the first quarter while Wells Fargo continued to pare its construction debt holdings during the period, showing contrasting narratives for the nation's two biggest bank holders of construction debt.

  • June 23, 2026

    NY Archdiocese Must Turn Over Mediation Docs To Insurers

    A New York state court has backed a discovery master's decision that the Archdiocese of New York must hand over files related to mediation talks to Chubb, the latest in insurance coverage litigation for thousands of sexual abuse claims against the church.

  • June 23, 2026

    Summer Camp Co. SIMAD's Ch. 11 Steered By Cole Schotz

    A quintet of partners from Cole Schotz PC is stewarding the Chapter 11 case of summer camp operator and real estate holding company.

  • June 23, 2026

    Boy Scouts Trustee Says Insurers Must Hand Over $211M

    The official overseeing the Boy Scouts of America's settlement trust urged a Delaware bankruptcy judge to order four insurers to release $211 million in escrowed funds tied to a $1.66 billion deal the debtor reached more than four years ago.

  • June 23, 2026

    Steward Trust Says Buyers May Have $22M Of Its Money

    The plan administrator trust established under Steward Health Care's Chapter 11 plan has asked a Texas bankruptcy judge to make hospital buyers hand over any payments out of an estimated $22 million the trust believes they received from the Centers for Medicare and Medicaid Services.

  • June 23, 2026

    Clifford Chance Adds Ex-V&E Debt Finance Atty In Houston

    Clifford Chance LLP announced on Monday the hiring of a former Vinson & Elkins LLP attorney as a finance and derivatives partner in its Houston office.

  • June 23, 2026

    Catching Up With New Bankruptcy Case Action

    Insurance company Hallmark Financial Services filed for Chapter 11 looking to cut nearly $134 million in debt via a sale or equity swap, an investment management firm specializing in medical spas and medical aesthetics providers entered Chapter 11 in Delaware with over $10 million in debt, and a Tex-Mex chain operator began liquidation in the Lone Star State.

  • June 22, 2026

    Guo Trustee Seeks OK For $14.95M In Transfer Claim Deals

    The Chapter 11 trustee overseeing the estate of billionaire fraudster Miles Guo is seeking approval of settlements reached in fraudulent transfer suits against insurance companies including Anthem Health Plans and Empire Blue Cross Blue Shield, as well as law firms like Chiesa Shahinian & Giantomasi PC and Morvillo Abramowitz Grand Iason & Anello PC.

  • June 22, 2026

    Injunction Tweaked To Balance Prince Global Ch. 15 Rights

    A New York bankruptcy judge has overruled most of the objections lodged by a director of Prince Global Holdings to the language of a Chapter 15 recognition order but allowed some changes that would balance the rights of the debtors, their directors and the joint provisional liquidators appointed in a British Virgin Island insolvency proceeding.

  • June 22, 2026

    Sorrento RICO Case Naming Jackson Walker Gets Axed

    A Texas bankruptcy judge blocked a lawsuit in California federal court alleging Jackson Walker LLP and executives at Sorrento Therapeutics and M3 Partners conspired to forum shop in Texas so the drug developer could seek Chapter 11 protection in an "ethically compromised" bankruptcy court, ruling the suit's claims are barred by Sorrento's bankruptcy plan.

  • June 22, 2026

    Modivcare Loses Bid To Stay Escrow Order Pending Appeal

    A Texas bankruptcy judge has rejected reorganized medical transportation group Modivcare Inc.'s request to pause, pending appeal, an order to move funds to a court-controlled account amid a fee dispute in its Chapter 11.

  • June 22, 2026

    Nev. Miner Plan OK'd, New Asbestos Ch. 11s May Be Coming

    A California Catholic diocese asked for a court's approval for its Chapter 11 plan. Creditors of a Nevada magnesium mining operation got the liquidation plan they proposed confirmed. A summer camp chain received permission to use its cash to open for the year. And Georgia-Pacific's asbestos spinoff told a court that more Chapter 11 filings may be on the way.

  • June 22, 2026

    Justices Won't Review Dispute Over Tax Fraud Deadline

    The U.S. Supreme Court declined on Monday to review a woman's challenge against the Internal Revenue Service over the period in which the agency can assess taxes on a taxpayer when a fraudulent third party triggers the liability.

  • June 18, 2026

    Asbestos Spinoff Battles Bid For Trustee Takeover In Ch. 11

    The chief legal officer of Georgia-Pacific spinoff Bestwall admitted Thursday that the company is exploring more bankruptcy filings, but denied the contention by asbestos claimants waiting on settlements that it's going to abandon the nearly 9-year-old Chapter 11 case.

  • June 18, 2026

    Cash Advances Helped Sink Summer Camp Operator

    Of the many mysteries still surrounding the tangled case of bankrupt summer camp operator SIMAD Holdings Ltd., one of the biggest, at least to those interested in business financing, is why such a large company would turn so sharply toward merchant cash advances — a method of last-ditch funding normally used by desperate small businesses.

  • June 18, 2026

    Steward Ch. 11 Trusts Recouped $58M In 10 Months, Attys Say

    Attorneys for two trusts established under Steward Health Care's Chapter 11 plan told a Texas bankruptcy judge on Thursday that the trusts have brought in $58.4 million and reduced claims by $10 billion as they pursue litigation and other assets to repay the former hospital group's creditors.

  • 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.

Expert Analysis

  • 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.

  • 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.

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