Mid Cap

  • August 24, 2026

    Ch. 11 Loan Could Trigger Insider Default, US Trustee Says

    The U.S. Trustee's Office has asked an Oklahoma bankruptcy court to deny private credit firm YSA Investment's request to borrow $2 million in postpetition financing, contending the debtor has not filed required financial schedules, the loan could undermine existing lienholder, and the insider providing the financing could potentially use the financing to manufacture a default.

  • August 24, 2026

    Galindo Law Files For Ch. 11 After Camp Lejeune Fee Fight

    A Houston-based personal injury law firm sought bankruptcy relief on Monday with more than $50 million in liabilities after a mass tort litigation marketing company sued for over $9 million in fees related to finding potential victims of water contamination at Marine Corps Base Camp Lejeune.

  • August 24, 2026

    Google Wins Spirit Data Bid, Cumulus Gets OK On Transfers

    Google won an auction for Spirit Airlines' business data but is facing objections from employees, federal regulators cleared Cumulus Media to transfer its radio stations to lenders, and Georgia-Pacific's asbestos spinoff will not be getting a Chapter 11 trustee.

  • August 21, 2026

    Texas Senior Community Says Ch. 11 Plan Is Best It Can Offer

    Houston-based senior living community The Buckingham urged a Texas bankruptcy judge on Friday to confirm its Chapter 11 liquidation plan and overrule an objection by unsecured creditors, saying the deal offers the best possible recoveries and contains permissible legal releases.

  • August 21, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Texas bankruptcy court will rule on whether to confirm car parts giant First Brands' contested Chapter 11 plan. Insurance group Hallmark Financial Services and a Polish solar energy project investor will ask bankruptcy judges to confirm their Chapter 11 plans. And a life sciences group will urge a court to halt pending litigation in the Cayman Islands.

  • August 21, 2026

    Texas Panel Cuts $45M Sandy Hook Ruling Against Alex Jones

    A Texas state appellate court Friday slashed a $45 million damages award against right-wing conspiracy theorist Alex Jones in a defamation trial brought by parents of a Sandy Hook shooting victim, saying the family did not meet the legal standard to exceed the state's damages cap.

  • August 21, 2026

    Porzio Bromberg Keeps Up Momentum In Puerto Rico Growth

    New Jersey-based Porzio Bromberg & Newman PC has continued its expansion in Puerto Rico with the hire of a bankruptcy and financial restructuring attorney based in San Juan.

  • August 21, 2026

    Prime Core Customer Can't Duck $70M Clawback Suit

    Cryptocurrency platform Plutus must face a $70 million clawback lawsuit from the litigation trust for Prime Core, the Delaware bankruptcy court has ruled, finding the trust's complaint contained pleadings with sufficient detail that Plutus had received a transfer of crypto worth $63 million and $7 million in cash.

  • August 21, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys file a contract claim against two of its previous clients in the Middle East.

  • August 20, 2026

    Simry Ch. 11 Dismissal Bid Put Off Pending More Briefing

    A New York bankruptcy judge deferred a decision on dismissing the Chapter 11 case from Simry Realty Corp. Thursday, instead asking for more evidence and supplemental briefing before making such a decision.

  • August 20, 2026

    Asbestos Spinoff Bestwall Avoids Ch. 11 Trustee Takeover

    A bankruptcy judge in North Carolina won't appoint an independent trustee to take over the Chapter 11 case of Georgia-Pacific spinoff Bestwall, dealing a blow to a group of mesothelioma patients who argued a trustee might expedite the settlement process.

  • August 20, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The ousted CEO of an aquatic park operator made a bid to block an asset sale, real estate company Simry contended with a motion to dismiss its Chapter 11 from one of the business' controlling family members, and Burger King sued a bankrupt ex-franchisee for allegedly continuing to operate rogue locations without paying for intellectual property.

  • August 20, 2026

    Fashion Biz Founder Gets 5 Years For Large-Scale Fraud

    A federal judge in New York sentenced the founder of bankrupt apparel company CaaStle to five years in prison on Thursday after she admitted to deceiving investors about the prospects of her supposed $1.4 billion business to fraudulently raise nearly $300 million.

  • August 20, 2026

    American Efficient Asks Court To Sanction Grid Operator

    North Carolina-based energy efficiency aggregator American Efficient asked the bankruptcy judge overseeing its Chapter 11 case in the state to sanction grid operator PJM Interconnection LLC for withholding roughly $824,000 in interest on a deposit.

  • August 20, 2026

    Sangamo Ch. 11 Auction Nets $238M In Offers

    A Delaware bankruptcy judge Thursday agreed to approve a trio of sales that will bring in $52 million in cash for Sangamo Therapeutics, after attorneys representing the life sciences group told the court a competitive Chapter 11 auction ended with four winning bids worth over $238 million.

  • August 20, 2026

    Camp Mystic Fights Families' Bids To Remand Flooding Suits

    Camp Mystic is urging a Texas federal court to reject bids to return wrongful death lawsuits over flooding fatalities there last summer to state court, saying federal law is clear that personal injury and wrongful death claims should be decided in the same forum as the camp's pending Chapter 11 bankruptcy.

  • August 20, 2026

    Conscious Content's $3M DIP Boost Faces Creditor Pushback

    A Delaware bankruptcy judge Thursday said he would consider ed-tech company Conscious Content Media's request for $3 million in additional Chapter 11 financing next week, after the creditors committee pushed back against the debtor's expedited schedule and said it needed more time to review the request.

  • August 20, 2026

    5 Bankruptcy Attys Join GrayRobinson From Fla. Boutique

    GrayRobinson PA announced Thursday that a team of five bankruptcy attorneys, including three shareholders, has joined the firm's Boca Raton, Florida, office from a recently shuttered boutique.

  • August 19, 2026

    Sports Show Boss' Skill Can't Save His Co.'s Ch. 11

    A New York bankruptcy judge had to weigh the acumen of a sports media impresario against the benefits of an independent administrator for the business he placed into Chapter 11, before concluding it was best for her to dismiss the case.

  • August 19, 2026

    Oklahoma Apartment Owner Pushes For Trustee In YSA Ch. 11

    The owner of an Oklahoma apartment complex asked a bankruptcy judge on Tuesday to appoint a Chapter 11 trustee in the insolvency case of YSA Investments 1 LLC, saying ongoing litigation and questions about the debtor's prepetition conduct would benefit from an independent overseer.

  • August 19, 2026

    Ed Tech Co. Conscious Content Seeks $3M DIP Boost

    Education technology firm Conscious Content asked a Delaware bankruptcy judge Wednesday to let it take out $3 million in new Chapter 11 financing, telling the court the company needs the additional cash while it works to consummate its restructuring plan.

  • August 19, 2026

    Jackson Walker Says US Trustee Can't Claw Back Legal Fees

    Jackson Walker said this week that the U.S. Department of Justice's bankruptcy watchdog is beyond the bounds of its authority in a yearslong effort to force the firm to return millions of dollars in legal fees over an undisclosed relationship between a former partner and a Texas bankruptcy judge.

  • August 19, 2026

    Hunton Adds A&O Shearman Bankruptcy Partner In Dallas

    Hunton Andrews Kurth LLP announced Wednesday that it has boosted its national restructuring and bankruptcy practice with a Dallas-based partner who came aboard from Allen Overy Shearman Sterling.

  • August 19, 2026

    Horticultural Supplier BFG Files For Ch. 11 Seeking Sale

    A major U.S. distributor of horticultural and agricultural supplies, BFG Supply Co. LLC, filed for Chapter 11 bankruptcy protection in Delaware, reporting between $100 million and $500 million in both assets and liabilities and seeking to sell all of its assets.

  • August 18, 2026

    Summer Camps' Owner Facing Liquidation, Claims Top $882M

    Michael Shabsels, one of the brothers who were in charge of a summer camp and real estate empire before it crashed in June, has two weeks to file financial information in his own Chapter 11 case or else face conversion to a Chapter 7 liquidation.

Expert Analysis

  • FDIC Proposals Mark Pullback In Bank Resolution Rules

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    A recent pair of Federal Deposit Insurance Corp. proposals would fundamentally reshape testing of banks' resolution-related capabilities from a mandatory exercise to a voluntary one supported by significant financial incentives, amounting to an overall reduction in reporting requirements, say attorneys at Moore & Van Allen.

  • Being A Singer Makes Me A Better Lawyer

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    Before law school, I spent seven years trying to make it as a professional singer in Los Angeles, and nearly everything I learned about preparation, humility, confidence and more has followed me into my legal practice, says Jessica Caterina at Moses & Singer.

  • What PE Practitioners Need To Know About New Del. ABC Act

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    Delaware's new Assignment for the Benefit of Creditors statute represents a structural shift in how companies backed by private equity can be wound down and provides a more streamlined tool for managing sponsor liability without the public visibility of a bankruptcy proceeding, says Evelyn Meltzer at Troutman Pepper.

  • Being A Magician Makes Me A Better Lawyer

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    The skills I've developed as a lifelong magician have translated directly into tangible benefits in the courtroom because performing magic and trying cases both live at the intersection of psychology, storytelling, timing and disciplined rehearsal, says Mark Dombroff at Fox Rothschild.

  • How Ch. 11 Debtors Can Stop MCA Receivables Raids

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    Approximately 42 merchant cash advance lenders are involved in the recently filed Chapter 11 bankruptcy of SIMAD Holdings, illustrating that debtors-in-possession must work with committees to preserve the receivable stream before litigating priority, says attorney Kenneth Rosen.

  • 5 Rulings Clarify Limits On Chapter 15 Public Policy Exception

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    Recent bankruptcy decisions from New York and Delaware federal courts distinguish between relief a U.S. bankruptcy court may grant in a domestic case and relief it may recognize under Chapter 15 of the Bankruptcy Code when a foreign court has entered the order, say attorneys at Pierson Ferdinand.

  • Congress Must Resolve Growing Subchapter V Uncertainty

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    Congress must pass a bill to permanently restore the Subchapter V debt limit and clarify several other key points of the law to prevent a practical restructuring tool from becoming a costly procedural morass, says Ted Gavin at Gavin Solmonese.

  • Choral Singing Makes Me A Better Lawyer

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    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

  • Power To The Paralegals: Burnout As A Structural Problem

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    Law firm leadership can best retain their paralegals not by encouraging self-care, but by seeking top-down structural solutions for the quiet proliferation of responsibilities and the vicarious exposure to client trauma that particularly drive burnout in this vital role, says Erika Sneeringer at Brockstedt Mandalas.

  • A Framework For Volume Dispute Damages In Oil, Gas M&A

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    With every major upstream oil and gas consolidation in recent years having resulted in minimum volume commitment disputes, experts testifying in such litigation must use a five-step framework for calculating lost profits that accounts for the option structure embedded in the contract, says Robert Foss at Hinds Feat Advisors.

  • A Lender's Guide To Fraud: Identifying Risks

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    The evolving lending landscape, particularly the private credit boom, has heightened lenders' exposure to fraud, but recent bankruptcies demonstrate where fraud risks most commonly materialize and how banks can mitigate exposure at the outset, say attorneys at Moore & Van Allen.

  • Brightline Debt Woes Highlight Risks In Private Rail Finance

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    The reported creditor negotiations and mounting debt obligations of Florida railroad Brightline arrive at a moment when the assumptions underlying a decade of privately financed infrastructure investment are under pressure across multiple asset classes, says Robert Charbonneau at Agentis.

  • UCC Digital Asset Update Is Altering Lender, Obligor Diligence

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    The rollout of the Uniform Commercial Code's Article 12 is transforming digital asset secured lending, forcing lenders and obligors to rethink diligence, control, custody, monitoring and contract terms, as well as collateral practices and financing structures, as jurisdictions continue to adopt the amendments, say attorneys at Lowenstein Sandler.

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