Mid Cap

  • March 16, 2026

    Ill. Racetrack Hawthorne Gets 3-Member Creditors Committee

    The U.S. Trustee's Office has appointed an official unsecured creditors committee in a Chicago-area horse track's Chapter 11 case, selecting three horse racing industry creditors.

  • March 16, 2026

    Crypto Selloff Sends Trading Platform BlockFills To Ch. 11

    Cryptocurrency company BlockFills has filed for Chapter 11 protection in Delaware bankruptcy court with up to $500 million in debt weeks after pausing customer withdrawals amid a selloff in crypto markets.

  • March 13, 2026

    Pa. City Receiver Challenges Law That Halted Ch. 9 Utility Sale

    A state law that stripped a Pennsylvania city of its ability to appoint all the members of its water authority's board was unconstitutional, the bankrupt city of Chester said in a Pennsylvania Commonwealth Court petition Friday, challenging a law that derailed its Chapter 9 plans to sell the local agency's assets.

  • March 13, 2026

    Meet The Attys Guiding El Paso Diocese Through Ch. 11

    A team of Husch Blackwell LLP attorneys will be guiding the Catholic Diocese of El Paso through Chapter 11 as it seeks a central forum to handle 12 pending sexual abuse lawsuits from 18 plaintiffs involving allegations from 1956 to 1982.

  • March 13, 2026

    What's Happening In Bankruptcy Court This Coming Week

    In the week ahead, bankruptcy courts will consider issues including the Chapter 11 financing of senior-living provider Inspired Healthcare and label maker Multi-Color, multiple fee dispute settlements with Jackson Walker, and whether Fat Brands' CEO should be suspended.

  • March 13, 2026

    Competing Plans To Move Forward In Oakland Diocese Ch. 11

    A California bankruptcy judge said Friday that he wants competing Chapter 11 plans to proceed in parallel in the case of the Roman Catholic Diocese of Oakland, telling the debtor and the creditors committee that there are flaws in each proposal.

  • March 13, 2026

    Philly Music Venue Hits Ch. 11 With Tax Liens, Lawsuits

    World Cafe Live, a nonprofit live performance venue in Philadelphia, got a Pennsylvania bankruptcy judge's permission Friday to fund its Chapter 11 proceeding for two weeks after it filed for bankruptcy protection due to a looming closure for unpaid taxes.

  • March 13, 2026

    Chicago Hotel Operator Secures Interim Cash For Ch. 11

    The owner of two Chicago hotels can access its senior lender's cash collateral to fund its Chapter 11 case, a Delaware bankruptcy judge said Friday, while a decision on BY Hotel SPE-3 LLC's proposed $1 million debtor-in-possession financing package from an insider was pushed back.

  • March 12, 2026

    Meet The Attys Guiding Chemical Co. Viridis' 'Free-Fall' Ch. 11

    Renewable-chemicals maker Viridis filed for bankruptcy protections earlier this week, seeking a breathing spell after hitting bumps relocating a manufacturing plant. Guiding it in Chapter 11 are a team of Vinson & Elkins LLP attorneys.

  • March 12, 2026

    Track & Field League Gets OK For Vote On Reorg Plan

    A Delaware judge Thursday gave an Olympic medalist-founded startup track-and-field league permission to send its equity-swap Chapter 11 reorganization plan out for a creditor vote, overruling claims the plan is too unfair to creditors to be approved.

  • March 12, 2026

    Office Snapshot: Esbrook Scales Up For Delaware Growth

    More than a year after launching an office in Delaware, boutique litigation firm Esbrook PC is moving into a bigger, updated space with room to expand its roster of attorneys in the First State, firm leaders told Law360 Pulse.

  • March 12, 2026

    More Evidence Sought In Hudson Hotel Ch. 11 Lease Dispute

    A Delaware bankruptcy judge said Thursday she needed additional evidence from two entities tied to the former Hudson Hotel about their intention for the property, declining to decide whether the parties face a tighter deadline to assume or reject their lease for the property.

  • March 12, 2026

    Skadden Welcomes Finance Duo From Paul Hastings

    Skadden Arps Slate Meagher & Flom LLP announced on Thursday that it has added two attorneys who have experience with complex debt financing transactions from Paul Hastings LLP, with Skadden calling the hires a boost to the firm's private credit and restructuring capabilities.

  • March 11, 2026

    Colo. Theme Park Can Appeal $116M Verdict While In Ch. 11

    A Delaware bankruptcy judge Wednesday allowed the owner of Colorado's Glenwood Caverns Adventure Park to appeal in state court a $116 million wrongful death judgment that sent the company into Chapter 11.

  • March 11, 2026

    Stoli Lender Blasts Committee Bid To Nix Ch. 11 Trustees

    Fifth Third Bank, a secured lender to bankrupt liquor maker Stoli Group USA LLC, has opposed the official committee of unsecured creditors' request to seek new Chapter 11 trustees.

  • March 11, 2026

    White & Case Blasts Bid To Quit CBRM Ch. 11

    The troubled tale of New Jersey-based apartment building owner CBRM Realty Inc. has taken another turn as White & Case LLP objected to a move by the debtor's wind-down officer to resign.

  • March 11, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A valve manufacturer proposed a Chapter 11 plan to address asbestos claims, Saks Fifth Avenue announced more store closures, and new bankruptcies were launched, including a case centered on a tile distributor and another on an office building.

  • March 11, 2026

    Flight Sim Co. Reaches Global Ch. 11 Deal With Creditors

    Avenger Flight Group, an insolvent flight training provider, told a Delaware bankruptcy judge Wednesday it has reached a global settlement with creditors that will allow the debtor to complete an asset sale, secure the full amount of its bankruptcy financing and file a Chapter 11 plan of liquidation.

  • March 11, 2026

    Crystallex Special Master Gets OK On $15.3M Atty Fee Bid

    A Delaware federal judge has overruled jilted Citgo bidder Gold Reserve's objection to a special master's bid for $15.3 million in attorney fees, rejecting its argument that the request was unreasonable in defunct mining company Crystallex's massive case against Venezuela.

  • March 11, 2026

    El Paso Diocese Files Ch. 11 Amid Abuse Litigation

    The Catholic Diocese of El Paso filed for Chapter 11 relief in Texas as it faces 12 pending sexual abuse lawsuits from 18 plaintiffs involving allegations from 1956 to 1982.

  • March 10, 2026

    Meet The Attorneys Guiding IPic Theaters Through Ch. 11

    Dine-in movie theater chain iPic filed for Chapter 11 protection Feb. 25 in Southern Florida, electing to proceed under the Subchapter V designation reserved for small-business debtors whose liabilities are under a threshold of about $3 million. The company has enlisted Burr & Forman LLP as bankruptcy counsel.

  • March 10, 2026

    Pa. Developer Hits Ch. 11 With Up To $10M In Liabilities

    Southdown Properties Inc., a Pennsylvania developer, has filed for Chapter 11 protections with between $1 million and $10 million in estimated liabilities and assets.

  • March 10, 2026

    Vegan Eatery Chain's Ch. 11 Converted To Liquidation

    A Delaware bankruptcy judge has ordered the Chapter 11 case of vegan restaurant group Planta to be converted to a Chapter 7 liquidation, after the debtor said it has no other option. 

  • March 10, 2026

    Judge Urges Resolution In NY Nursing Home Ch. 11

    A New York bankruptcy court Tuesday pushed back the disclosure statement hearing in the Chapter 11 case of Long Island nursing home operator Cold Spring Acquisition, after the debtor said it is continuing to negotiate with its official committee of unsecured creditors over the administration of its liquidation plan.

  • March 10, 2026

    Catching Up With New Bankruptcy Case Action

    A radio station operator filed its second bankruptcy in less than 10 years; a Chicago hotel operator entered Chapter 11 with nearly $150 million in debt; and a chemical technology company sought bankruptcy protection in Texas.

Expert Analysis

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

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    The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

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    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

  • What Insurers Must Know When Insureds File For Bankruptcy

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    With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting themselves with key procedural details of the bankruptcy process, say attorneys at McDermott.

  • SDNY OpenAI Order Clarifies Preservation Standards For AI

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    The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.

  • Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

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