Mid Cap

  • September 11, 2026

    HSF Kramer Booted As Omnis Pleasants' Ch. 11 Counsel

    Herbert Smith Freehills Kramer LLP's previous work for key creditors disqualifies it from representing West Virginia coal plant operator Omnis Pleasants in its Chapter 11 proceeding, a Delaware bankruptcy judge ruled Friday.

  • September 11, 2026

    Ex-CEO Of AI Recruitment Co. Cops To $27M Investor Fraud

    The former CEO of bankrupt artificial intelligence-powered staffing firm Joonko Diversity on Friday entered a guilty plea to charges that she defrauded investors out of $27 million using forged financial documents and lying about the company's customers.

  • September 11, 2026

    Dolphin Park Co. Can Send Ch. 11 Plan To Creditor Vote

    Wildlife adventure group The Dolphin Co. can seek creditors' votes on its Chapter 11 liquidation and wind-down plan as it looks to end an eventful bankruptcy in Delaware.

  • September 11, 2026

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

    The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaster TV Azteca file commercial fraud claims against Barclays and Metro Bank.

  • September 10, 2026

    JPMorgan Aided Ex-Atty Kossoff's $18.5M Theft, Trustee Says

    The Chapter 7 trustee representing bankrupt firm Kossoff PLLC on Wednesday sued JPMorgan Chase Bank NA, claiming the bank helped the firm's principal steal at least $18.5 million from clients, and it "should be made to account."

  • September 10, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Camp Mystic will languish in Chapter 11 unless a trustee takes over from the owners of the Texas summer camp, its unsecured creditors said. A company that provides data training for artificial intelligence models said it plans to top Google's $10 million bid for the data of Spirit Aviation Holdings. Alcohol distributor Republic National Distributing Co. has proposed an $11 million private sale of certain assets. 

  • September 10, 2026

    Ch. 11 Trustee Must Take Over NYC Building, Watchdog Says

    The U.S. Trustee's Office has asked a New York bankruptcy judge to name a Chapter 11 trustee to oversee the insolvency proceeding of an organization that owns a mixed-use building in Manhattan's SoHo neighborhood, saying the debtor has abandoned its case.

  • September 10, 2026

    Mastering The Bankruptcy Practice: Prepack Success Secrets

    A novice bankruptcy lawyer may have learned a great deal from law school, but more senior lawyers can offer lessons for developing successful prepackaged Chapter 11 cases, including the need to take a long view, keep a collaborative spirit and draw from diverse personal experience.

  • September 10, 2026

    Alea Holdings Approved For Ch. 11 Plan With Releases

    Insurance holding company Alea Holdings US Co. received approval Thursday in Texas for its Chapter 11 plan, which will see $20 million in cash made available to certain creditors while all voting claimants agreed to provide releases to the parties sponsoring the plan.

  • September 10, 2026

    Meet The Attorneys Working Foley & Lardner Malpractice Suit

    Attorneys from Ross Aronstam & Moritz LLP, Young Conaway Stargatt & Taylor, LLP and Benesch Friedlander Coplan & Aronoff LLP are facing off in a suit by the Chapter 7 trustee of food waste recycler KDC Agribusiness accusing Foley & Lardner LLP of malpractice that helped drive the company into bankruptcy.

  • September 10, 2026

    Fulcrum Trust Wants To Claw Back $13.5M Insider Payments

    The liquidation trust for defunct fuel-to-waste refiner Fulcrum is asking a Delaware bankruptcy judge to allow it to recover $13.5 million in payments that the trust says were made to company insiders while the company was sliding into bankruptcy.

  • September 10, 2026

    Fla. Fiber Infrastructure Co. Files Ch. 7 With Over $100M Debt

    Florida-based telecom infrastructure developer Full Circle Fiber has filed for Chapter 7 liquidation in Delaware bankruptcy court with under $10 million in assets and $100 million to $500 million in liabilities.

  • September 10, 2026

    Solar Farms Owner Hits Ch. 11 With More Than $100M Debt

    PGR Lessee I and 18 affiliates that operate solar farm projects in Rhode Island, North Carolina and South Carolina filed for bankruptcy protection in Texas, estimating up to $500 million in liabilities.

  • September 09, 2026

    Ex-Nikola CEO's Pardon Doesn't Let Him Beat Investor Suit

    The presidential pardon Nikola founder Trevor Milton received for his criminal conviction on securities fraud charges does not bar him from facing similar civil claims alleging he and the electric-vehicle startup exaggerated the viability of the company's prospects, an Arizona federal judge ruled.

  • September 09, 2026

    Pa. Ch. 7 Judge Pans NJ AG In Remanding 'Ghost Gun' Suit

    A Pennsylvania federal bankruptcy judge says an alleged seller of "ghost gun" kits improperly tried to remove a civil suit filed by the New Jersey Attorney General's office to his court, but chided the AG for assuming that her lawsuit was immune from the automatic bankruptcy stay.

  • September 09, 2026

    A Look At Vi-Jon's $25M Settlement Trust Plan In Ch. 11

    Vi-Jon, a maker of private-label dry bath products, has filed a disclosure statement and Chapter 11 plan calling for the creation of a settlement trust funded by at least $25 million from its parent company, a proposal that would resolve its talc liabilities.

  • September 09, 2026

    Catching Up WIth New Bankruptcy Case Action

    LIV Golf filed for Chapter 11 protection in New Jersey with more than $500 million in debt. Electric motor manufacturer Reuland Electric Co. and its parent company filed for bankruptcy, citing a deteriorating relationship with a lender. A real estate developer that formerly proposed an Islamic community center near the World Trade Center site in Lower Manhattan filed for Chapter 11 with about $14 million in debt.

  • September 09, 2026

    Dolphin Co. Can Sell Park In Mexico After Losing Larger Deal

    The parent company of wildlife adventure business The Dolphin Co. secured a Delaware bankruptcy judge's permission Wednesday to sell an adventure park housing dolphins and sea lions for $2 million after a deal for more of its assets in Mexico fell through.

  • September 09, 2026

    Texas Justices Reject Sandy Hook Families' Infowars Appeal

    The Texas Supreme Court on Wednesday denied Sandy Hook families' requests to dissolve lower appeals court orders that stopped a court-appointed receiver from assuming control of bankrupt commentator Alex Jones' website Infowars and leasing the intellectual property of its parent company Free Speech Systems LLC to satire publication The Onion.

  • September 09, 2026

    Mass. Justices Probe $8M Waterfront Sale To Audubon Group

    A justice on Massachusetts' top court asked Wednesday whether a court-appointed receiver had a duty to investigate more lucrative offers before selling an 18-acre abandoned industrial site to a nonprofit that intends to turn the property into a wildlife sanctuary.

  • September 09, 2026

    Ex-SDNY Judge Joins Zaiger Linden After Joseph Hage Closure

    Commercial litigation boutique Zaiger Linden Roberti & Pepe LLC announced this week that it has hired a former U.S. bankruptcy judge for the Southern District of New York who most recently worked at now-shuttered Joseph Hage Aaronson LLC, touting his history of working on "many of the nation's largest and most consequential business bankruptcies."

  • September 09, 2026

    Watchdog Defends Standing In Jackson Walker Fees Case

    A Texas bankruptcy judge will make a finding on the U.S. Trustee's Office's authority to seek to have attorney fees clawed back from Jackson Walker LLP, after hearing the watchdog argue Wednesday that its public service mission grounds the effort.

  • September 08, 2026

    FDIC Beats SVB Parent's Suit, Salad Co. Has New Lease Buyer

    Silicon Valley Bank's former parent company lost its yearslong efforts to force the Federal Deposit Insurance Corp. to return $1.7 billion it seized. A Delaware bankruptcy judge questioned whether HSF Kramer's previous work for creditors disqualifies it from guiding a West Virginia coal plant through its Chapter 11 proceeding. And multiple debtors secured confirmation of plans in complex Chapter 11 cases.

  • September 08, 2026

    Nursing Home Buyer $6M Short Of Covering Unpaid Debt

    New York nursing home operator Cold Spring Acquisition, its creditors and the facility's buyer informed a bankruptcy judge Tuesday they will meet Thursday to try to resolve $13.5 million in mortgage arrears that have been holding up a sale of the facility.

  • September 08, 2026

    Conn. Justice Says $87M Telecom Bid 'Hard To Take Seriously'

    A once-bankrupt telecommunications company's bid for more than $80 million in interest on top of a $3.6 million judgment seemed "absurd" to one Connecticut Supreme Court justice hearing a 16-year-old contract dispute Tuesday, though he later said the party that hasn't paid shouldn't escape entirely unscathed.

Expert Analysis

  • What 2 Profs Noticed As Transactional Law Students Used AI

    Author Photo

    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • Law School's Missed Lessons: Negotiation Skills

    Author Photo

    I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.

  • Bar Exam Reform Must Expand Beyond A Single Updated Test

    Author Photo

    Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.

  • Asbestos Trusts And Tort Litigation Are Still Not Aligned

    Author Photo

    A recent ruling by a New York state court in James Petro v. Aerco International highlights the inefficiencies that still exist in asbestos litigation — especially regarding the continued lack of coordination between the asbestos tort system and the well-funded asbestos trust compensation system, says Peter Kelso at Roux.

  • The Legal Education Status Quo Is No Longer Tenable

    Author Photo

    As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

    Author Photo

    In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.

  • Section 1983 Has Promise After End Of Nationwide Injunctions

    Author Photo

    After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.

  • Law School's Missed Lessons: Learning From Failure

    Author Photo

    While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.

  • Ohio Banking Brief: All The Notable Legal Updates In Q2

    Author Photo

    Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.

  • Law School's Missed Lessons: Skillful Persuasion

    Author Photo

    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • Special Committees Gain Traction In Chapter 11 Investigations

    Excerpt from Practical Guidance
    Author Photo

    Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.

  • Ch. 7 Ruling Is Warning For Merchant Cash Advance Providers

    Author Photo

    A New York bankruptcy court’s recent ruling in favor of a Chapter 7 trustee for the bankruptcy estate of JPR Mechanical shows merchant cash advance providers why superficial agreement labels will not shield against preference liability, and serves as a guidepost for future contract drafting, say attorneys at Eversheds Sutherland.

  • Law School's Missed Lessons: Navigating Client Trauma

    Author Photo

    Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Mid Cap archive.