Large Cap

  • April 03, 2026

    Spirit Airlines Names Asset Buyer, Seeks Ch. 11 Extension

    Bankrupt Spirit Airlines has canceled a Chapter 11 auction and named its stalking horse bidder, CSDS Aircraft with a $533.5 million offer, the successful buyer of its assets after receiving no other qualified bids.

  • April 03, 2026

    What's Happening In Bankruptcy Court This Coming Week

    In the week ahead, bankruptcy courts will consider whether to dismiss a clawback suit from the estate of bankrupt crypto exchange FTX, label maker Multi-Color's bid to disband the official committee of unsecured creditors in its case, the sale of Avenger Flight Group to its stalking horse bidder, and the contested disclosure statement from urgent care facility operator Carbon Health Technologies Inc.

  • April 03, 2026

    US Trustee Says Multi-Color Can't Scrap Creditor Group

    The U.S. Trustee's Office and the unsecured creditors committee in Multi-Color Corp.'s Chapter 11 case shot back at the label maker's bid to disband the committee, telling a New Jersey bankruptcy judge that he lacks the necessary authority and arguing the debtor's request is an act of intimidation.

  • April 03, 2026

    Yellow Corp. Gets OK For Most Of $1.4B Pension Deals

    A Delaware bankruptcy judge has mostly approved settlements that trucking company Yellow Corp. struck to resolve $7.4 billion worth of pension fund claims, finding three of the deals were outside the range of reasonableness but the other 12 were acceptable. 

  • April 03, 2026

    Law360 Announces The Members Of Its 2026 Editorial Boards

    Law360 is pleased to announce the formation of its 2026 Editorial Advisory Boards.

  • April 03, 2026

    Del Monte Minority Lenders Lose 3rd Circ. Appeal Bid

    A New Jersey bankruptcy judge has rejected a lender group's request to certify a Del Monte Foods settlement order for appeal to the Third Circuit, finding that the order reflected a fact-intensive application of settled law and did not present the kind of pure legal question that would warrant appellate review.

  • April 02, 2026

    Bankruptcy Judge Defends Simultaneous Case Mediator Role

    U.S. Bankruptcy Judge Michael B. Kaplan told Law360 Thursday he was "surprised" by skepticism over his decision to serve as mediator in a Chapter 11 case he is also presiding over, an arrangement some experts said was rare and potentially concerning.

  • April 02, 2026

    California Agency Wants SunPower Tax Issue Out Of Ch. 11

    California's Department of Tax and Fee Administration has asked a Delaware bankruptcy judge to abstain from hearing a tax audit dispute in solar panel company SunPower's Chapter 11 case, saying the matter should be handled in a state administrative forum.

  • April 02, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A sand miner claims its landlord seized vital computers, a magnesium miner got court approval for a deal to sell collateral, a satellite company says it's switching claims agents after its old one was sold, and a drug company in the middle of a payment dispute asked for a way out.

  • April 02, 2026

    Puerto Rico Bankruptcy Stymies Paul Weiss, ACLU Fee Bids

    American Civil Liberties Union and Paul Weiss attorneys who successfully eased restrictions on voting by mail in Puerto Rico during the COVID-19 pandemic cannot collect fees for their work because they were discharged in Puerto Rico's bankruptcy proceeding, the First Circuit has ruled.

  • April 02, 2026

    BofA Sues Aequum, First Brands Group Over Inventory Liens

    Bank of America and others have sued troubled auto parts maker First Brands Group and lender Aequum Capital in Texas bankruptcy court, seeking a judgment that the plaintiffs hold liens on inventory that outrank those asserted by Aequum.

  • April 02, 2026

    Del Monte Lenders' Appeal Bid To Be Decided Soon

    A New Jersey bankruptcy judge said Thursday he would decide whether to certify a Del Monte settlement for direct appeal to the Third Circuit based on papers already filed in the case, after the canned food company urged the court to let a lender group's challenge unfold in district court instead.

  • April 02, 2026

    Saks Secures $500M Ch. 11 Exit Deal With Bondholders

    Saks has gotten a commitment from its senior secured bondholders to provide $500 million in exit financing and intends to file a Chapter 11 plan in the coming weeks, the bankrupt retailer announced Thursday.

  • April 02, 2026

    FBT Gibbons Lands Ex-Womble Bond Bankruptcy Leader

    FBT Gibbons LLP announced Thursday that it has added the former national leader of Womble Bond Dickinson's bankruptcy, restructuring and creditors' rights team to its Delaware office.

  • April 01, 2026

    Meet The Attys For The Ad Hoc Lender Group In Lycra Ch. 11

    A team of attorneys from Porter Hedges LLP and Gibson Dunn & Crutcher LLP is representing an ad hoc lender group with a total claim of about $790 million in the Chapter 11 bankruptcy of spandex manufacturer The Lycra Co. LLC.

  • April 01, 2026

    GWG Trust Sues Ankura Consulting Over 'Bogus' Accounting

    The litigation trustee for defunct financial services firm GWG Holdings has sued Ankura Consulting Group in Texas bankruptcy court, accusing it of "knowing (or reckless) facilitation" of a billion-dollar accounting fraud that helped push the insolvent company into Chapter 11.

  • April 01, 2026

    2 McCarter & English Attys Rise To Partner In NJ

    McCarter & English LLP announced Wednesday that it has promoted two Newark, New Jersey-based attorneys to partner, one who is in the firm's bankruptcy group and the other who handles liability, mass torts and class actions.

  • April 01, 2026

    Oakland Diocese Yanks Insurance Deals From Newest Plan

    The Roman Catholic Diocese of Oakland, California, told a bankruptcy judge Wednesday it removed $42 million in settlements with insurance carriers from its proposed Chapter 11 plan to eliminate one source of conflict with the committee representing abuse claimants in the case.

  • April 01, 2026

    Fortress Buys Bankruptcy Services Provider Omni

    Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.

  • April 01, 2026

    Lidar Co. Luminar Cleared To Exit Ch. 11 After Asset Sales

    A Texas bankruptcy judge Wednesday signed off on Luminar's bid to wind down its business and make distributions to creditors in Chapter 11, months after the maker of autonomous-vehicle technology sold most of its assets.

  • April 01, 2026

    Sports Biz Owners Defeat JV's Fraud Claim Over $715M Deal

    The former owners of a collapsed sports media business have defeated a fraud claim after a court found they had not misrepresented the financial health of the company to convince a joint venture to buy a majority stake for $715 million.

  • March 31, 2026

    Del. Chancery Tosses B. Riley Investor Loss Suit

    The Delaware Chancery Court dismissed a stockholder derivative lawsuit accusing B. Riley Financial Inc. insiders and directors of breaching their fiduciary duties over hundreds of millions of dollars in losses tied to the failed Franchise Group investment, ruling that the claims amounted to an impermissible hindsight critique of a risky business decision.

  • March 31, 2026

    Catching Up With New Bankruptcy Case Action

    New dominoes fell as part of auto parts maker First Brands' bankruptcy, with three foreign subsidiaries of the company hitting Chapter 11 in Texas. Meanwhile, the owner of an upscale California mall and a residential real estate investment firm based in central New York sought bankruptcy protection following foreclosures. And a concrete truck supplier in Texas launched its own bankruptcy, saying immigration enforcement has weighed down its business.

  • March 31, 2026

    Lenders Balk At Bankrupt IHC's Pitch To Hire Raymond James

    Six creditors have asked a Texas bankruptcy judge to withhold approval from senior living facility investor and operator Inspired Healthcare Capital's current bid to hire Raymond James & Associates Inc. in the company's Chapter 11.

  • March 31, 2026

    Office Building REIT Gets Agreement On Ch. 11 Exit Path

    Counsel for Office Properties Income Trust, a national office space owner and leasing company, told a Texas bankruptcy judge Tuesday a deal the debtor struck with a group of creditors is poised to clear remaining objections to its plan to cut $700 million of debt in Chapter 11.

Expert Analysis

  • Despite Dark Clouds, Outlook For US Solar Has Bright Spots

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    While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.

  • Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

  • 9th Circ. Has Muddied Waters Of Article III Pleading Standard

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    District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.

  • Competing In Modern Pentathlon Makes Me A Better Lawyer

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    Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.

  • Law School's Missed Lessons: Teaching Yourself Legal Tech

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    New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.

  • How AI May Reshape The Future Of Adjudication

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    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

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    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

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    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • Law School's Missed Lessons: Appreciating Civil Procedure

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    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

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