Mid Cap
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November 10, 2025
Meet The Attorneys Guiding Developer Five Star's Ch. 11
A team of attorneys from O'Melveny & Myers LLP is advising Arizona luxury property developer Five Star Development in its bankruptcy.
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November 10, 2025
Village Roadshow Ch. 11 Sale Gets OK, 23andMe Claims Cut
Village Roadshow received approval for a nearly $19 million Chapter 11 sale, 23andMe successfully sought permission to cut nearly 160,000 claims from its bankruptcy, and restaurant chain Pinstripes asked to convert its case to a Chapter 7. This is the week in bankruptcy.
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November 10, 2025
Justices Won't Hear Serta Simmons Ch. 11 Plan Challenge
The U.S. Supreme Court declined Monday to take up a challenge by Serta Simmons lenders to a Fifth Circuit ruling last year that rejected the mattress maker's controversial "uptier" debt exchange, choosing not to consider whether the appellate court erred in altering Serta's Chapter 11 plan without allowing a new vote on it.
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November 07, 2025
Ex-Exec Of Cannabis Co. Wins $104M Over Canceled Stock
A New Mexico jury has awarded over $104 million to a businessman it found was wrongly stripped of his 5 million shares of bankrupt cannabis processor Bright Green after a handshake deal to bring him on as CEO fell apart.
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November 07, 2025
Real Estate Recap: Mamdani, Immigration, Q3 Debrief
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including real estate reactions to the election of Zohran Mamdani as mayor of New York City, how condo attorneys are bracing for a surge in immigration enforcement and third-quarter takeaways across asset classes.
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November 07, 2025
Judge Will Let 23andMe Cut 157K Claims, Down From 160K
A Missouri bankruptcy judge told genetic testing company 23andMe on Friday he would allow it to shear nearly 157,000 claims from its bankruptcy case, sustaining an objection the company lodged asserting the claims may be fraudulent.
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November 07, 2025
Developer Five Star Gets Interim OK For $6M Ch. 11 Loan
Luxury resort developer Five Star Development LLC can access $6 million of Chapter 11 financing after a Texas bankruptcy judge granted interim approval to the package over the objection of a prepetition lender, which proposed a competing offer.
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November 07, 2025
Ex-Lordstown Execs Fight Bankruptcy Reserve Cut
Former executives of bankrupt Ohio electric vehicle manufacturer Lordstown Motors urged a Delaware bankruptcy judge to preserve a key financial cushion in the company's post-bankruptcy claims reserve, arguing that the reorganized debtor is improperly seeking to reduce the protections negotiated for unresolved indemnification and defense-cost claims.
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November 07, 2025
Chancery Denies Ruling Stay In Caribevision Control Dispute
Two camps battling over control of Delaware-chartered television network Caribevision both lost postjudgment rulings Friday on motions to undo parts of a Court of Chancery decision last month intended to resolve control of the self-described media "eyes and ears of the Caribbean."
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November 07, 2025
What's Happening In Bankruptcy Court This Coming Week
It's a confirmation-seeking bonanza in the coming week as the Archdiocese of New Orleans will come to court for a pretrial conference related to its bankruptcy plan, Purdue will seek confirmation of its Chapter 11 plan, and Yellow Corp. will make its own bid for plan approval.
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November 07, 2025
Cajun Food Chain Razzoo's Gets $4M DIP In Ch. 11
A Texas bankruptcy judge signed off Friday on Cajun restaurant chain Razzoo's bid to borrow $4 million in financing in Chapter 11, funds the company will use to support itself as it works to sell its assets.
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November 06, 2025
Core Scientific Reaches $14.75M Deal With SPAC Investors
Bankrupt cryptocurrency miner Core Scientific has reached a $14.75 million agreement to settle proposed class action claims brought by an investor in the special purpose acquisition company that made a $4.3 billion deal to bring the miner public via merger.
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November 06, 2025
Luxury Developer Five Star Told To Review Competing DIP
At a first-day hearing Thursday, a Texas bankruptcy judge asked debtor Five Star Development LLC to consider an alternative Chapter 11 financing package from a prepetition lender it has accused of fraud and return to court Friday.
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November 06, 2025
Tom Girardi's Brother, Bankruptcy Trustee Settle Legal Fees
The brother of disgraced attorney Tom Girardi and the trustee for their now-defunct law firm, Girardi Keese, have reached an agreement resolving John Girardi's claim seeking legal fees for cases he worked on after leaving the firm, the trustee told the California bankruptcy court.
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November 06, 2025
Under The Radar: Bankruptcy News You May Have Missed
A Firstbase.io creditor asked a judge to rethink approving another creditor's Chapter 11 plan for the debtor, Revlon is looking to quash an injury suit by invoking its plan's injunction mechanism, and the U.S. Trustee's Office encouraged a judge to reject Yellow's Chapter 11 plan.
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November 06, 2025
'Matrix' Producer's $18.5M Ch. 11 Sale OK'd Over WB Protest
Village Roadshow, which produced titles like "The Matrix" and "Joker," can sell its derivative film rights for $18.5 million, a Delaware bankruptcy judge decided, overruling an objection from the debtor's former business partner Warner Bros.
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November 06, 2025
Atty Exits Bankruptcy Case Amid Judge Romance Fallout
The embattled wind-down trustee for defunct life insurance bond seller GWG Holdings in a Houston Chapter 11 case has resigned from the role amid the fallout from her secret romance with a then-bankruptcy judge in the Southern District of Texas.
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November 06, 2025
Cole Schotz Adds Litigator From Delaware Boutique
Cole Schotz PC has added a litigator in Delaware from Wilmington-based Seitz Van Ogtrop & Green PA to expand its capacity to advise clients in commercial, bankruptcy, intellectual property and construction matters.
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November 06, 2025
Maron Marvel Adds New Houston Managing Partner
Maron Marvel Bradley Anderson & Tardy LLC has added a new partner to serve as the firm's managing attorney in Houston, who previously spent more than four years as shareholder-in-charge of the Houston office of Barron & Newburger PC.
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November 05, 2025
Aerospace Co. Urges Justices To Hear 'Toxic Lender' Case
Aerospace company Xeriant Inc. is petitioning the U.S. Supreme Court to hear a lawsuit over a stock-as-collateral loan it entered into with Auctus Fund LLC, arguing the Second Circuit's dismissal of the case clashes with another circuit decision that allowed the U.S. Securities and Exchange Commission to pursue so-called toxic lenders in the microcap space.
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November 05, 2025
Balcon Salon Ch. 11 Tied To Construction Woes, Slow Sales
Just two years after opening in Manhattan's Hell's Kitchen neighborhood, Balcon Salon is facing a Chapter 11 restructuring after unexpected construction delays and softer sales it attributed to a downturn in alcohol consumption.
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November 05, 2025
Creditors Say No More Time For Nursing Home's Ch. 11 Plan
Guardian Elder Care's unsecured creditors committee urged a Pennsylvania bankruptcy judge to deny the nursing home operator's latest request to extend its exclusive window to propose a Chapter 11 plan, arguing it hasn't made enough progress in its 15 months in bankruptcy.
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November 05, 2025
Fired E-Biz Execs Sue Jackson Walker Over Judge's Romance
A pair of former executives at e-commerce company Volusion LLC have hit Jackson Walker LLP with the latest in a series of suits accusing the firm of legal malpractice stemming from the undisclosed romance between a former partner and a Texas bankruptcy judge.
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November 05, 2025
Home Remodel Group Renovo Files Ch. 7 With $100M+ Debt
Renovo Home Partners, a company that rolled up home improvement businesses while backed by private equity, has filed for Chapter 7 in Delaware bankruptcy court, declaring up to $500 million in debt across almost 20 affiliates.
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November 05, 2025
Luxury Developer Five Star Hits Ch. 11 In Texas
Five Star Development LLC, a company building a Ritz-Carlton property in Arizona, has filed for Chapter 11 relief in Texas bankruptcy court to gain protection from lender collection actions.
Expert Analysis
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8 Ways Lawyers Can Protect The Rule Of Law In Their Work
Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.
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Despite Dark Clouds, Outlook For US Solar Has Bright Spots
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.
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Law School's Missed Lessons: Communicating With Clients
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.
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Adapting To Private Practice: From US Rep. To Boutique Firm
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.
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Senate's 41% Litigation Finance Tax Would Hurt Legal System
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.
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Performing As A Clown Makes Me A Better Lawyer
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.
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Law School's Missed Lessons: Rejecting Biz Dev Myths
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.
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9th Circ. Has Muddied Waters Of Article III Pleading Standard
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.
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Competing In Modern Pentathlon Makes Me A Better Lawyer
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.
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Law School's Missed Lessons: Teaching Yourself Legal Tech
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.
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How AI May Reshape The Future Of Adjudication
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.
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When Legal Advocacy Crosses The Line Into Incivility
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.
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Attacks On Judicial Independence Tend To Manifest In 3 Ways
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.