Large Cap

  • August 25, 2026

    First Brands' Ch. 11 Plan Went A Step Too Far, Experts Say

    While First Brands sought to follow a Chapter 11 plan strategy like the one employed by Steward Health Care that aimed to pay professionals out of recoveries from future litigation, experts — and the judge himself — said the speculative nature of the strategy was a step too far for confirmation.

  • August 25, 2026

    Genesis Says Ex-Brass Used Trade Secrets To Build Rival

    Genesis Healthcare on Tuesday filed an adversary complaint against a former executive of Genesis subsidiary LTC ACO LLC accusing her of stealing company documents and trade secrets to form a rival company.

  • August 25, 2026

    Steward Plan Trust Sues Insurers Over D&O Coverage Denial

    One of two trusts established under Steward Health Care's Chapter 11 plan has sued a gaggle of insurers in an offshoot lawsuit, saying the insurers were withholding half the coverage due to former directors and officers in another adversary case.

  • August 25, 2026

    Byju's Defends Bid To Claw Back $1M Intro Fee In Ch. 11

    The U.S. affiliate of education technology giant Byju's is fighting a motion to toss its lawsuit to claw back a more than $1 million payment to a financial firm, contending an ex-executive of that firm had overlooked red flags and made critical introductions that facilitated $533 million in fraudulent transfers before Byju's hit bankruptcy in Delaware.

  • August 25, 2026

    Catching Up With New Bankruptcy Case Action

    BFG Supply, a major distributor of horticultural products, filed for Chapter 11 with $100 million to $500 million in liabilities and plans to sell its assets. Houston-based Galindo Law Firm filed for bankruptcy amid a $9.5 million fee dispute tied to the Camp Lejeune litigation. And World Group Import, an e-commerce supplier to Amazon, filed for Chapter 11, citing tariffs, litigation costs and supply chain disruptions.

  • August 24, 2026

    Spirit Data Sale To Google Draws Objection From Springshot

    Software company Springshot Inc. has filed a limited objection to the $10 million sale of Spirit Aviation Holdings' business data to Google LLC for artificial intelligence training, saying some of the data being sold could potentially constitute Springshot's intellectual property.

  • August 24, 2026

    2nd Circ. Says Nielsen Unbundling Order Starts Tuesday

    The Second Circuit has declared that the preliminary injunction blocking Nielsen from making Cumulus Media buy its local offerings to gain access to its national radio ratings data will go into effect Tuesday.

  • August 24, 2026

    Attys Ask Court To Toss Suit Alleging They Stole 1,000 Cases

    Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that brought the suit failed to plead a viable RICO claim.

  • August 24, 2026

    EPA, States Defend Cleanup Deal In Talc Co. Whittaker Ch. 11

    The government, joined by California and Montana, is defending a proposed settlement in former talc supplier Whittaker Clark's New Jersey Chapter 11 case, saying a group of personal injury creditors' objection mischaracterized the $16.5 million deal.

  • August 24, 2026

    Invitae, Class Plaintiff Trade Blows Over Genetic Data In Ch. 11

    Genetic testing company Invitae Corp. and the Illinois parent of one of its customers are facing off in the company's bankruptcy case, dueling over the future of the parent's lawsuit claiming the company unlawfully disclosed its patients' genetic information.

  • August 24, 2026

    US Trustee Wants Examiner In Hughes Satellite's Ch. 11

    The U.S. Trustee's Office on Monday urged a Texas bankruptcy judge to appoint an examiner in the Chapter 11 case of Hughes Satellite Systems Corp., saying the debtor needs an independent official to look into "questionable" prepetition deals by Hughes' parent EchoStar.

  • August 24, 2026

    Google Wins Spirit Data Bid, Cumulus Gets OK On Transfers

    Google won an auction for Spirit Airlines' business data but is facing objections from employees, federal regulators cleared Cumulus Media to transfer its radio stations to lenders, and Georgia-Pacific's asbestos spinoff will not be getting a Chapter 11 trustee.

  • August 24, 2026

    First Brands Judge Rejects Ch. 11 Plan, Swaps Case To Ch. 7

    A Texas bankruptcy judge on Monday rejected First Brands Group's Chapter 11 plan and converted its case to a Chapter 7 liquidation, ruling that the company's bid to pay administrative creditors from the proceeds of future litigation was not feasible.

  • August 24, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.

  • August 21, 2026

    Ambipar Asks To Switch Restructuring Focus To Brazil

    Brazilian conglomerate Ambipar Group on Friday asked a Texas bankruptcy judge to suspend the Chapter 11 bankruptcy of its Texas oilfield emergency response business and instead switch the focus of the case to a proposed restructuring in Brazil.

  • August 21, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Texas bankruptcy court will rule on whether to confirm car parts giant First Brands' contested Chapter 11 plan. Insurance group Hallmark Financial Services and a Polish solar energy project investor will ask bankruptcy judges to confirm their Chapter 11 plans. And a life sciences group will urge a court to halt pending litigation in the Cayman Islands.

  • August 21, 2026

    Meet The Attys Advising TPx's Creditors Committee, Lenders

    Attorneys from DLA Piper are representing the official committee of unsecured creditors of information technology services provider TPx Communications, while attorneys from Haynes Boone and Davis Polk & Wardwell LLP represent an ad hoc group of lenders, as the company seeks to address roughly $1.1 billion in debt through Chapter 11.

  • August 21, 2026

    Texas Panel Cuts $45M Sandy Hook Ruling Against Alex Jones

    A Texas state appellate court Friday slashed a $45 million damages award against right-wing conspiracy theorist Alex Jones in a defamation trial brought by parents of a Sandy Hook shooting victim, saying the family did not meet the legal standard to exceed the state's damages cap.

  • August 21, 2026

    Porzio Bromberg Keeps Up Momentum In Puerto Rico Growth

    New Jersey-based Porzio Bromberg & Newman PC has continued its expansion in Puerto Rico with the hire of a bankruptcy and financial restructuring attorney based in San Juan.

  • August 21, 2026

    FCC License Transfer OK Opens Ch. 11 Exit Door For Cumulus

    The Federal Communications Commission has paved the way for broadcasting company Cumulus Media to exit Chapter 11, granting its application to transfer control of the radio giant's licenses to its new shareholders.

  • August 21, 2026

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

    The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys file a contract claim against two of its previous clients in the Middle East.

  • August 20, 2026

    J&J Talc Unit Loses Libel Suit Over Flawed Cancer Study

    A Virginia federal judge handed three doctors a win Wednesday in a Johnson & Johnson subsidiary's libel lawsuit over a 2020 study linking cosmetic talc exposure to mesothelioma, finding the subsidiary's evidence didn't show the trio knowingly or recklessly published falsehoods and instead merely revealed the doctors' "fear of litigation."

  • August 20, 2026

    Asbestos Spinoff Bestwall Avoids Ch. 11 Trustee Takeover

    A bankruptcy judge in North Carolina won't appoint an independent trustee to take over the Chapter 11 case of Georgia-Pacific spinoff Bestwall, dealing a blow to a group of mesothelioma patients who argued a trustee might expedite the settlement process.

  • August 20, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The ousted CEO of an aquatic park operator made a bid to block an asset sale, real estate company Simry contended with a motion to dismiss its Chapter 11 from one of the business' controlling family members, and Burger King sued a bankrupt ex-franchisee for allegedly continuing to operate rogue locations without paying for intellectual property.

  • August 20, 2026

    777 Partners Can Tap DIP, But Competing Offers Remain

    Investment firm 777 Partners received interim approval to access $600,000 in debtor-in-possession financing Thursday, but a Texas bankruptcy judge reserved a decision on who would be providing the remaining $8 million of loans for a future hearing.

Expert Analysis

  • AI-Generated Doc Ruling Guides Attys On Privilege Risks

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    A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.

  • The Law Firm Merger Diaries: Leadership Strategy After Day 1

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    For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.

  • Law School's Missed Lessons: What Cross-Selling Truly Takes

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    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'

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    Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.

  • If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access

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    With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers that need to retain access to key AI products in the event of vendor’s bankruptcy should consider four elements that could determine whether they may invoke traditional Section 365(n) intellectual property protections, say attorneys at Sidley.

  • Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • 2 Rulings Showcase Fuzzy Limits Of 'Related To' Jurisdiction

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    The Fifth and Ninth Circuits recently handed down decisions, in Sanchez Energy and Sawtelle Partners, respectively, reminding practitioners that bankruptcy court jurisdiction over lingering disputes is not guaranteed, regardless of whether confirmation orders contain specific "retention of jurisdiction" language, says Brian Shaw at Cozen O’Connor.

  • Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

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    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • 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.

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