Mid Cap
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January 21, 2026
Jefferies Steered Feds To $200M Water Ponzi Case, Judge Told
Two men charged in connection with an allegedly massive water-vending Ponzi scheme were investigated after counsel for investment giant Jefferies — one defendant's former employer — walked the case into the Manhattan U.S. attorney's office, a federal judge heard Wednesday.
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January 21, 2026
Catching Up With New Bankruptcy Case Action
Saks Global Enterprises LLC began a bankruptcy to address $3 billion in debt, a significant Popeye's Louisiana Kitchen franchise operator declared bankruptcy with over $342 million in liabilities, and a Dallas hospital filed for Chapter 11 with more than $50 million in debt.
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January 20, 2026
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.
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January 20, 2026
SF Diocese's Ch. 11 Abuse Claims Not Covered, Insurers Say
The Archdiocese of San Francisco knew or should have known about sexual abuse allegations against its clergy dating back decades, two insurance companies have argued in a California bankruptcy court lawsuit over policy coverage.
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January 20, 2026
9th Circ. Revives Malpractice Suit Against Bankruptcy Atty
The Ninth Circuit Tuesday reinstated a California woman's malpractice lawsuit against her bankruptcy attorney, but said the bankruptcy court needs to significantly narrow the permission to sue it granted to the debtor.
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January 20, 2026
Saks Hits Ch. 11, Appeal Of Boy Scouts Bankruptcy Plan Nixed
The parent of Saks Fifth Avenue filed for Chapter 11 in Texas with $3.4 billion in debt tied to its Neiman Marcus deal, the U.S. Supreme Court declined to hear an appeal in the Boy Scouts of America's bankruptcy case, and the European Commission approved hedge fund Elliott Investment's $5.89 billion bid for control of Citgo's parent. This is the week in bankruptcy.
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January 20, 2026
McDonald Hopkins Forms Practice Group For Law Firm MSOs
Midwestern firm McDonald Hopkins LLC announced Tuesday that it has launched a practice group focused on handling deals between law firms and prospective private equity investors, which the firm said is a natural extension of its work on litigation funding deals and private equity investment in other professional services.
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January 20, 2026
Frontier CLO Departs With $2M Severance After Verizon Deal
The chief legal officer at Frontier Communications is set to receive close to $2 million in severance after he and three other company executives resigned on Tuesday following Verizon's takeover of the national fiber network internet service provider.
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January 20, 2026
Pa. Bankruptcy Court Opens Door For Prospect Hospital Sale
A Pennsylvania bankruptcy judge agreed Tuesday to lift the litigation stay in the Chapter 9 case of the city of Chester to allow a last-minute deal to save a Prospect Medical-owned hospital facing permanent closure thanks to the bankruptcy of its parent company.
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January 20, 2026
Justices Set Time Limit To Ax Judgments, Ending 11-1 Split
Almost every circuit court has wrongly allowed litigants to vacate invalid judgments regardless of how long ago the judgments became final, the U.S. Supreme Court ruled Tuesday, endorsing one circuit's outlier interpretation of a decades-old procedural rule.
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January 16, 2026
Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2025, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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January 17, 2026
Real Estate Recap: Cannabis Landlords, Global Deals, ACREL
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including how potential changes to federal marijuana regulation could affect landlords, the largest global real estate deals of 2025, and a chat with the new president of the American College of Real Estate Lawyers.
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January 16, 2026
OCC's Gould Takes Aim At Resolution Planning 'Industry'
A top federal regulator called Friday for a sweeping rethink of rules intended to ensure big, complex banks can be safely wound down in a crisis, including potentially ending requirements to file so-called living wills with the Federal Deposit Insurance Corp.
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January 16, 2026
Kirkland, Ex-Judge Hit With Class Action Over Texas Romance
An investment firm is suing Kirkland & Ellis LLP, an ex-judge, two other law firms and a lawyer for allegedly fomenting "mass corruption" in Houston's bankruptcy court and colluding to enrich themselves by controlling the outcome of large Chapter 11 cases.
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January 16, 2026
SEC Fines 'Cash Flow King' Podcaster $3M For Ponzi Scheme
A podcast host dubbed the "Cash Flow King" will pay $3.3 million to settle claims that he ran a multiyear Ponzi scheme that cheated investors out of $11 million through bogus real estate investments, the U.S. Securities and Exchange Commission announced Friday.
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January 16, 2026
What's Happening In Bankruptcy Court This Coming Week
Education technology group Anthology and the maker of Roomba vacuums will seek court approval for their Chapter 11 plans. Nursing home operator Genesis is asking for approval of a $1 billion asset sale. And former trucking group Yellow Corp. is looking to end years of litigation through a settlement with a group of pension plans.
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January 16, 2026
Weiss Creditor Asks Ch. 11 Court To Step In On IRS Claims
A major creditor in an investment firm founder's Chapter 11 asked a bankruptcy judge to hash out how much the debtor owes the Internal Revenue Service and rule that the tax collector's claims don't have priority.
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January 16, 2026
Pinnacle Ch. 11 Buyer's Repair Pledge Enough For Sale OK
A New York bankruptcy judge approved the $451 million sale of 93 properties in the Chapter 11 case of real estate entities affiliated with Pinnacle Group, saying the buyer's plan to invest $30 million in repairs and maintenance for the buildings is enough to adequately assure residents it will perform its management obligations.
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January 16, 2026
Fla. Popeyes Franchisee Hits Ch. 11 With $342M Debt
Major Popeyes Louisiana Kitchen franchise operator Sailormen Inc. has filed for Chapter 11 protection in Florida bankruptcy court with more than $342 million in liabilities, saying it is facing a bid for the appointment of a receiver over an alleged loan default.
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January 16, 2026
Nason Yeager Grows Fla. Footprint With Fort Lauderdale Shop
Florida's Nason Yeager Gerson Harris & Fumero PA has expanded its reach in South Florida with a new office in downtown Fort Lauderdale.
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January 15, 2026
Pinnacle Tenants Want Repair Assurances In Ch. 11 Sale
Groups representing tenants living in rent-stabilized housing units owned by bankrupt affiliates of Pinnacle Group told a New York judge Thursday they want the buyer of the debtor's assets to provide as much as $30 million up-front to fund needed repairs at the more than 90 properties to be sold in the $451 million sale.
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January 15, 2026
Bang Energy Co. Founder's Bid To Avoid Paying $308M Denied
A Florida federal judge denied a motion brought by the founder of the company that makes Bang energy drinks to avoid paying Monster Beverage Corp. $308 million stemming from a false advertising lawsuit, saying the request must be brought in California.
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January 15, 2026
COVID, Racketeering Suit Stirred Up Compass Coffee's Ch. 11
Washington, D.C.-based Compass Coffee filed for bankruptcy protection last week after struggling to recover from a pandemic-driven drop in foot traffic and facing litigation brought by its co-founder.
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January 15, 2026
6th Circ. Favors Comerica Bank In Ch. 7 Fraud Suit
Comerica Bank is not liable for the actions of a former Chapter 7 liquidator, to whom the bank was paying fees during the bankruptcy of a tool manufacturer, the Sixth Circuit has found.
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January 15, 2026
EU Greenlights Hedge Fund's $5.89B Bid For Control Of Citgo
The European Commission has announced its approval of a $5.9 billion bid by hedge fund Elliott Investment Management LP to purchase shares in Citgo's parent company and settle billions of dollars of debt owed by Venezuela and its state-owned oil company.
Expert Analysis
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Law School's Missed Lessons: Supporting A Trial Team
While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.
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Adapting To Private Practice: From US Attorney To BigLaw
When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.
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The Ins And Outs Of Consensual Judicial References
As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.
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The BigLaw Settlements Are About Risk, Not Profit
The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.
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Brazilian Jiujitsu Makes Me A Better Lawyer
Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.
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Power To The Paralegals: An Untapped Source For Biz Roles
Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.
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Franchise Group Dispute Reflects Rising Intercreditor Suits
A recent complaint filed by senior creditors against junior creditors in the Franchise Group bankruptcy could embolden lenders to take preemptive action against one another in bankruptcy proceedings, and could affect the way secured lenders draft intercreditor agreements going forward, say attorneys at Choate.
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Playing Poker Makes Me A Better Lawyer
Poker is a master class in psychology, risk management and strategic thinking, and I’m a better attorney because it has taught me to read my opponents, adapt when I’m dealt the unexpected and stay patient until I'm ready to reveal my hand, says Casey Kingsley at McCreadyLaw.
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Ch. 7 Marshaling Ruling Rests On Shaky Legal Grounds
In its recent holding in a Chapter 7 bankruptcy case that marshaling may not be applied against the IRS, a Texas federal court misapplied a bankruptcy code section and case law, leaving a draconian decision that could limit the scope of a powerful equitable estate tool, says Brian Shaw at Cozen O'Connor.
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Law School's Missed Lessons: Becoming A Firmwide MVP
Though lawyers don't have a neat metric like baseball players for measuring the value they contribute to their organizations, the sooner new attorneys learn skills frequently skipped in law school — like networking, marketing, client development and case evaluation — the more valuable, and less replaceable, they will be, says Alex Barnett at DiCello Levitt.
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$38M Law Firm Settlement Highlights 'Unworthy Client' Perils
A recent settlement of claims against law firm Eckert Seamans for allegedly abetting a Ponzi scheme underscores the continuing threat of clients who seek to exploit their lawyers in perpetrating fraud, and the critical importance of preemptive measures to avoid these clients, say attorneys at Lockton Companies.
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Teaching Business Law Makes Me A Better Lawyer
Teaching business law to college students has rekindled my sense of purpose as a lawyer — I am more mindful of the importance of the rule of law and the benefits of our common law system, which helps me maintain a clearer perspective on work, says David Feldman at Feldman Legal Advisors.
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Law School's Missed Lessons: Mastering Discovery
The discovery process and the rules that govern it are often absent from law school curricula, but developing a solid grasp of the particulars can give any new attorney a leg up in their practice, says Jordan Davies at Knowles Gallant.