Mid Cap

  • February 13, 2026

    Atlanta Boutique Ardis Law Brings On Taylor Duma Attys

    A pair of Taylor Duma LLP attorneys — including a former Fulton County Superior Court judge — has joined Atlanta-based law firm Ardis Law LLP, strengthening its creditors' rights, bankruptcy and litigation services.

  • February 13, 2026

    Talc MDL Law Firm Accuses Litigation Funders Of Case Piracy

    A leading plaintiffs law firm in the multibillion-dollar litigation over Johnson & Johnson's tainted talcum powder has alleged in Mississippi federal court three investment firms loaned it "tens of millions" of dollars under false pretenses in a "loan-to-own" scheme.

  • February 13, 2026

    J&J Hit With $250K Verdict In 2nd Philly Talc Trial

    A Philadelphia jury hit Johnson & Johnson with a $250,000 verdict on Friday, finding the company liable in the case of a woman whose family claimed that using the company's once-famous talcum powder contributed to her fatal ovarian cancer.

  • February 13, 2026

    ArentFox Schiff's New LA Head Talks Success For 'Long Run'

    As just the third managing partner in the history of ArentFox Schiff LLP's Los Angeles office, Aram Ordubegian is looking to help it thrive "for the long run."

  • February 12, 2026

    Edgio Execs To Pay $15M To End Misstated Revenue Suit

    Former executives of Edgio Inc. will pay $15 million to shareholders to end claims that the executives misled investors about Edgio's control over its internal financial reporting in the months leading up to the bankrupt software company's admission that it overreported revenue.

  • February 12, 2026

    Solar Co. PosiGen Control Suit Dismissed In Conn.

    A lawsuit accusing Brookfield affiliates of seizing control of solar company PosiGen and driving it deeper into insolvency has been dismissed with prejudice in Connecticut federal court, ending a closely watched dispute that preceded the company's Chapter 11 filing in Texas.

  • February 12, 2026

    Split 4th Circ. Denies Stay Lift In CertainTeed Unit's Ch. 11

    A split panel of the Fourth Circuit on Wednesday upheld lower court rulings that left in place a stay of asbestos injury litigation facing the bankrupt affiliate of building material maker CertainTeed, with the majority ruling the debtor filed its case in good faith.

  • February 12, 2026

    Flight Simulator Co. Files Ch. 11 Amid Industry Challenges

    Florida-based flight simulator company Avenger Flight Group has filed for Chapter 11 protection in Delaware bankruptcy court, saying airline industry headwinds have left it seeking a sale to deal with more than $273 million in debt.

  • February 12, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A bankrupt watchmaker secured court approval for a sale of some of its assets to a stalking-horse bidder, US Magnesium requested permission to privately sell a turbine, and the one-time CEO of Tricolor Holdings asked a Texas bankruptcy judge to dismiss claims in an adversary suit against him.

  • February 12, 2026

    NYC Nightclub Gets OK On Ch. 11 Plan With Creditor Deal

    The former owner of New York City music venue Brooklyn Mirage secured a Delaware bankruptcy judge's approval Thursday to wind down its business under a Chapter 11 plan after nightclub operator Pacha Group agreed to take over the debtor's assets.

  • February 12, 2026

    Watchdog Defends Ex-Alex Jones Atty's Conn. Suspension

    A Connecticut judge did not abuse her discretion when she suspended an attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case, the state's professional misconduct watchdog has told the Connecticut Supreme Court in asking the justices to skip Norman A. Pattis' appeal.

  • February 12, 2026

    Blockchain Biz Archblock Seeks Wind-Down Amid Fraud Suits

    Blockchain company Archblock on Thursday told a Delaware bankruptcy judge that it has filed for Chapter 11 bankruptcy, seeking an orderly wind-down in the face of tens of millions of dollars in legal claims.

  • February 12, 2026

    BakerHostetler Adds 3 More Dealmakers From Loeb In NY

    BakerHostetler announced on Thursday that it is bolstering its transactions bench with three New York-based mergers and acquisitions attorneys from Loeb & Loeb in a move that the firm says strengthens its offerings in middle-market M&A transactions.

  • February 11, 2026

    Hong Kong Co. With No US Assets Denied Ch. 15 Recognition

    A Texas bankruptcy judge has denied a motion seeking recognition of a Hong Kong insolvency proceeding for ceramics maker Siu-Fung Ceramics Holdings Ltd., finding the company didn't have any assets in the U.S. to qualify as a Chapter 15 debtor.

  • February 11, 2026

    Media Co. Challenges $36M Formula One Award Over Fraud

    A media company has asked a California federal judge to stop a British Formula One racing team and related car designer from enforcing a $36 million arbitral award against it, saying it learned during bankruptcy proceedings of fraud committed by the F1 team.

  • February 11, 2026

    FlexShopper OK'd For $15M Ch. 11 Sale

    FlexShopper, a lease-to-own consumer purchase financing group, can sell its assets for roughly $15.1 million in Chapter 11, a Delaware bankruptcy judge ruled Wednesday, after the debtor resolved an objection to the transaction.

  • February 11, 2026

    Pa. City Sues Over Sewers, Urged To Pull Ch. 9 Plan

    The bankrupt city of Chester, Pennsylvania, has brought a lawsuit in its longstanding fight over sewer pipe ownership, and the Philadelphia suburb's water authority told a judge Wednesday the city needs a new restructuring plan after the state's highest court foreclosed an attempt to take control of its water system.

  • February 11, 2026

    Francesca's March IP Auction Set After Altar'd State's $7M Bid

    Faith-based clothing retailer Altar'd State can proceed with its $7 million opening bid for the intellectual property of bankrupt women's clothing retailer Francesca's, a New Jersey bankruptcy judge said on Wednesday, setting up an auction for next month.

  • February 11, 2026

    Aleon Seeks Speedy Disclosure OK For Ch. 11 Plan Vote

    Recycling company Aleon Metals and its unsecured creditors have urged a Texas bankruptcy court to approve the debtor's Chapter 11 plan disclosure statement before Saturday so that creditors can vote on its terms.

  • February 11, 2026

    A Key Word For Bankruptcy In 2026 Is 'Retail'

    After the headline-grabbing bankruptcies of Saks Fifth Avenue and an Eddie Bauer retail operator early this year, lawyers told Law360 that they expect the retail retrenchment to continue amid flat consumer demand, tight financing conditions and the persistent overhang of chaotic tariff policies.

  • February 10, 2026

    America's Test Kitchen Harvests Food52 Assets In Ch. 11

    A Chapter 11 deal to serve up assets of cooking and home goods e-commerce company Food52 Inc. to America's Test Kitchen secured a Delaware Bankruptcy judge's approval Tuesday, one of three sale measures totaling nearly $12.5 million to move forward.

  • February 10, 2026

    NY Nursing Home Cold Spring Eyes Consensual Ch. 11 Exit

    Lawyers for a Long Island nursing home operator told a New York bankruptcy judge on Tuesday that they hope to have a consensual Chapter 11 plan soon, after reaching a deal with the unsecured creditors' committee on liquidation oversight.

  • February 10, 2026

    Elliott Affiliate Urges 3rd Circ. To Keep Citgo Sale On Track

    Amber Energy Inc. has asked the Third Circuit to reject appeals of an order accepting its multibillion-dollar bid for shares in Citgo Petroleum Corp.'s parent company, saying a lower court "came nowhere near abusing its discretion" and properly carried out the sale process.

  • February 10, 2026

    Venezuela, Mining Co. Won't Shoulder $3.1M In Citgo Fees

    A special master has lost his request to have Venezuela and gold mining company Gold Reserve pay his $3.1 million bill for defending against their unsuccessful bid to have him disqualified in long-running litigation over the sale of Citgo, with a judge saying they shouldn't have to shoulder "more than their ordinary share" of the fees.

  • February 10, 2026

    Theme Park Files Ch. 11 After Wrongful Death Judgment

    The owner of Colorado's Glenwood Caverns Adventure Park has filed for Chapter 11 protection in Delaware bankruptcy court, saying it's unable to pay a $116 million wrongful death judgment.

Expert Analysis

  • Adapting To Private Practice: From NY Fed To BigLaw

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    While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow your network, requiring a clear understanding of how your skills can complement and contribute to a firm's existing practice, and where you can add new value, says Meghann Donahue at Covington.

  • Top 3 Litigation Finance Deal-Killers, And How To Avoid Them

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    Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons for failure, including a lack of trust or a misunderstanding of deal terms, can help both parties avoid problems, say Rebecca Berrebi at Avenue 33 and Boris Ziser at Schulte Roth.

  • Tracking The Evolution Of Liability Management Exercises

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    As liability management exercises face increasing legal scrutiny, understanding the history of these debt restructuring tools can help explain how the playbook keeps adapting — and why the next move is always just one ruling or transaction away, say attorneys at Weil.

  • 3 Steps For In-House Counsel To Assess Litigation Claims

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    Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

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    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

  • Adapting To Private Practice: From DOJ Enviro To Mid-Law

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    Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.

  • Addressing D&O Allocation Questions Amid Shifting Economy

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    As increasing global insolvency this year may lead to an increase in directors and officers insurance claims, businesses should review their policies' allocation provisions to avoid negotiating how coverage will apply to covered and uncovered claims during a suit, say attorneys at Reed Smith.

  • Legal Ethics Considerations For Law Firm Pro Bono Deals

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    If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.

  • Cannabis Deregulation Raises Bankruptcy Access Questions

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    Attorneys at Thompson Coburn explore why cannabis companies have been historically prohibited from filing for bankruptcy, certain exceptions to the general rule, and the potential effects of federal deregulation on such companies' bankruptcy eligibility.

  • Playing Football Made Me A Better Lawyer

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    While my football career ended over 15 years ago, the lessons the sport taught me about grit, accountability and resilience have stayed with me and will continue to help me succeed as an attorney, says Bert McBride at Trenam.

  • 10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks

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    The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

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    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

  • Power To The Paralegals: The Value Of Unified State Licensing

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    Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.

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