Large Cap

  • July 27, 2026

    J&J, Ovarian Cancer Talc Claimants Unveil $5.5B Global Deal

    Johnson & Johnson announced Monday that it has agreed to pay some $5.5 billion to put to rest tens of thousands of lawsuits alleging its talcum powder products caused ovarian cancer, with plaintiffs' counsel calling the deal "long-delayed justice" for their clients.

  • July 27, 2026

    FTX's $1.8B Clawback Suit Against Binance, Zhao Can Proceed

    A Delaware federal bankruptcy judge has allowed FTX's bankruptcy estate to continue to try to claw back a $1.76 billion payment to the cryptocurrency platform though she trimmed certain claims.

  • July 27, 2026

    Bankrupt Summer Camps Owner Says Brother Handled Loans

    David Shabsels, who listed $782 million of liabilities in his personal Chapter 11 bankruptcy case, said Monday he often signed loan documents that were given to him by his brother, against whom he may have future claims related to the downfall of the summer camp empire they previously controlled.

  • July 27, 2026

    TGI Fridays Plan OK'd, Spirit Can Sell NYC Gates To JetBlue

    TGI Fridays won approval of its Chapter 11 liquidation plan, Spirit Airlines secured approval for the $58.5 million sale of LaGuardia gate slots to JetBlue, and CashCall received interim approval for Chapter 11 financing. Meanwhile, one of SIMAD's summer camp sales faced opposition from camp-goers' parents and Akorn reached a settlement allowing its asset buyer an $18.5 million unsecured claim.

  • July 27, 2026

    Kirkland Adds Jones Day Mass Tort Restructuring Pros

    Kirkland & Ellis LLP has hired a mass tort restructuring duo from Jones Day in the Lone Star State, the firm announced Monday.

  • July 27, 2026

    Fat Brands Gets Ch. 11 Plan Confirmed After Creditor Deal

    Fat Brands received confirmation Monday of its Chapter 11 plan after a Texas bankruptcy judge overruled remaining objections to the chain restaurant operator's post-sale wind-down plan.

  • July 27, 2026

    Alkegen Files Ch. 11 In Texas To Shed $3.1B In Debt

    Alkegen and dozens of affiliates filed a prepackaged Chapter 11 case in Texas bankruptcy court, where the specialty materials maker intends to cut the bulk of its $3.3 billion of funded debt obligations.

  • July 27, 2026

    Wine And Spirit Distributor Hits Ch. 11 With $540M Of Debt

    Republic National Distributing Co., a more than century-old alcohol distributor that struggled in recent years to handle an outsized debt load, has filed for Chapter 11 protection in a Texas bankruptcy court with about $540 million in funded debt and plans to sell its remaining assets.

  • July 24, 2026

    Polish Solar Co. GoldenPeaks Can Send Ch. 11 Plan To A Vote

    A Texas bankruptcy judge on Friday allowed GoldenPeaks Poland to send its Chapter 11 plan to a creditor vote, while cautioning the solar farm developer that it would need to provide evidence at plan confirmation to support proposed releases and creditor notice.

  • July 24, 2026

    First Brands' Ch. 11 Plan Revives Angst Over Admin Claims

    A slew of recent objections to First Brands Group's Chapter 11 plan has put fresh attention on the company's bid to pay high-ranking administrative expenses from future litigation, a structure that experts told Law360 may contravene bankruptcy rules and spook vendors in future cases.

  • July 24, 2026

    Judge Addresses Angst Over Summer Camp Ch. 11 Sale

    A New Jersey bankruptcy judge has addressed families' concerns about the sale of a century-old New York sleep-away summer camp in the Chapter 11 case of SIMAD Holdings, telling parents their comments will be considered in connection with an Aug. 4 sale hearing.

  • July 24, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A restaurant chain operator and a car parts maker will both go before Texas bankruptcy judges seeking confirmation of their Chapter 11 plans, and an investment platform will seek to compel its liquidation trustee to perform the role's duties.

  • July 24, 2026

    Live Nation Says Nielsen Ruling Doesn't Help State AGs

    Live Nation is pushing back after state enforcers told a New York federal court that a recent Second Circuit ruling in a case against Nielsen supports their antitrust claims, saying the ruling instead supports its bid to undo the jury verdict.

  • July 24, 2026

    HSF Kramer Hires Haynes Boone's Supreme Court Chair

    Herbert Smith Freehills Kramer LLP announced Friday that it had added the leader of Haynes Boone's U.S. Supreme Court practice, who joins the firm as co-lead focused on appellate work and the nation's highest court.

  • July 23, 2026

    Kroll Can Arbitrate Some Data Claims, Ax Others, Judge Says

    Bankruptcy claims agent Kroll Restructuring Administration LLC should be able to arbitrate claims over a 2023 data breach affecting FTX Trading customers, but claims from a BlockFi user should be tossed, according to recommendations from a Texas magistrate judge.

  • July 23, 2026

    Judge Again Lengthens Timeline For Dish Wireless Ch. 11

    A Texas bankruptcy judge on Thursday again pumped the brakes on the Chapter 11 bankruptcy of EchoStar Corp.'s video distribution and wireless network units, including Dish Wireless LLC, saying the unsecured creditors' committee needs more time to conduct discovery.

  • July 23, 2026

    Barretts Minerals' Ch. 11 Paused Pending Talc Liability Ruling

    A Texas bankruptcy judge has abated proceedings in Barretts Minerals Inc.'s Chapter 11 case, canceling a key hearing on a proposed plan, until a district court decides whether its talc contained cancer-causing asbestos, as alleged by creditors.

  • July 23, 2026

    Judge OKs $27.5M Cost Agreement For Calif. Cleanup Suit

    A California federal judge Wednesday approved a $27.5 million agreement a Golden State regulator and seven companies submitted for litigation over the cleanup of a former lead smelting and battery recycling facility near Los Angeles.

  • July 23, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A New York judge told two law firms to hand privilege logs to Levona Holdings in a sanctions fight, Terraform's plan administrator asked a Delaware judge to toss an adversary suit, and a company deeply intertwined with a New Jersey real estate developer's Chapter 11 argued the case should be dismissed.

  • July 23, 2026

    Mo. Panel Says Exclusion Bars Mallinckrodt Opioid Coverage

    A Missouri appellate court upheld a win for a group of insurers on their arguments that a "your products" policy exclusion applied to bar coverage of alleged damages from drugmaker Mallinckrodt's unbranded marketing of opioid products.

  • July 23, 2026

    Summer Camp Ch. 11's Real Estate Arm Can Use Lender Cash

    Real estate company DAMIS Holdings, sister company to bankrupt summer camp operator SIMAD Holdings, on Thursday told a New Jersey bankruptcy judge it had secured an agreement from nearly all of its lenders on the use of their cash collateral in the combined Chapter 11 case, while looking to hammer out a shared services budget for its 50 properties next month.

  • July 23, 2026

    Simpson Thacher Warned Co. About Deal Terms, Jury Told

    A retired Simpson Thacher & Bartlett LLP partner who handled the fundraising vehicle alleged to have destroyed Patriot National Inc. told a Florida jury Thursday that he flagged deal terms that later became detrimental to the insurance services company.

  • July 22, 2026

    J&J Talc Plaintiffs Must Back Up Cancer Link Or Risk MDL

    Plaintiffs alleging Johnson & Johnson's talcum powder products caused ovarian cancer must show they can offer expert opinions on the link between the disease and talc use or risk having their lawsuits tossed, a New Jersey federal judge ruled Wednesday.

  • July 22, 2026

    Parents Lament Bidder In Summer Camp Bankruptcy Sale

    As bankrupt SIMAD Holdings pushes forward with quick sales of the summer camps it owns, distraught parents whose children attend one camp in New York have expressed deep concerns about the process and the outside organization that has made a stalking horse bid.

  • July 22, 2026

    Dish Sues To Block Suits By 5G Network Providers

    Dish Network is asking a Texas bankruptcy judge to freeze claims against its parent company stemming from Dish's abandoned attempt to launch a nationwide 5G network, saying they would drain resources needed for Dish's Chapter 11 case.

Expert Analysis

  • 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.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

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    Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.

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