Mid Cap

  • October 17, 2025

    LA County Commits An Added $828M For Sex Abuse Victims

    Los Angeles County Friday said it has tentatively agreed to shell out an additional $828 million to settle hundreds of cases alleging childhood sexual abuse that occurred in county facilities, an amount that follows a $4 billion settlement announced earlier this year.

  • October 17, 2025

    Romania Wins $384M Dispute Over Failed Insurance Firm

    An international tribunal has ruled in favor of Romania in an arbitration filed by Nova Group Investments, a Netherlands-based company owned by the Romanian Adamescu family, seeking about $384 million in damages to compensate for the bankruptcy of the family's insurance company.

  • October 17, 2025

    Insys Ex-CEO Babich Agrees To $30M Trustee Deal In Del.

    Former Insys Therapeutics CEO Michael Babich has consented to a $30 million settlement amid a bankruptcy trustee's efforts to recover tens of millions in damages from company officials tied to Insys' aggressive marketing of the opioid painkiller Subsys, according to a Delaware Court of Chancery settlement filed early on Friday.

  • October 17, 2025

    SilverRock $65M Asset Sale Ruling Delayed Amid Objections

    A Delaware bankruptcy judge has delayed California property developer SilverRock Development Co. LLC's $65 million asset sale of a 135-acre site in La Quinta, California, to its stalking horse bidder, following objections from lenders and other creditors.

  • October 17, 2025

    Real Estate Recap: Lenders' Inner Circle, '25 Hospitality Deals

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a look at the real estate deal dynamics influencing the choice of lender counsel, and the law firms that guided the 10-figure hospitality mergers and acquisitions to date in 2025.

  • October 17, 2025

    Bankruptcy Ends Sex Assault Suit Against Cyndi Lauper's Son

    A New York federal judge on Friday dismissed a sexual assault suit against the rapper son of '80s singing star Cyndi Lauper, saying the plaintiff missed her chance to argue against a bankruptcy judge's discharge of the claims earlier this year.

  • October 17, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Village Roadshow's third proposed sale will go before a judge. A bankruptcy court will consider confirming Heritage Coal's liquidation plan. And a CVS Health subsidiary will seek final approval of its bankruptcy financing.

  • October 17, 2025

    3rd Circ. Won't Rethink IRS Collections For Preparer Fraud

    The Third Circuit declined Friday to reconsider a panel decision allowing the IRS to pursue a woman's unpaid taxes more than 20 years later — well after the normal three-year deadline — because her return preparer committed fraud on her filings without her knowledge.

  • October 17, 2025

    Federal Courts To Scale Back Operations Amid Shutdown

    The federal court system has run out of money and will scale back operations beginning Monday as a result of the ongoing government shutdown, possibly leading to case delays.

  • October 17, 2025

    Latham To Bring On 3 Restructuring Pros From Ropes & Gray

    Latham & Watkins LLP announced Friday that it will be adding three restructuring partners from Ropes & Gray LLP, including one who steered that firm's business restructuring practice.

  • October 17, 2025

    Creditor Says Firstbase.io Trying To 'Crater' Its Ch. 11 Plan

    Firstbase.io's largest creditor is asking a New York bankruptcy judge to reject the company's request to pay nearly $802,000 to Quinn Emanuel Urquhart & Sullivan LLP, saying the debtor is trying to sink the creditor's proposed Chapter 11 plan under a pile of legal fees.

  • October 16, 2025

    CBRM Lenders Seek To Nix Ch. 11 Case

    The prepetition lenders to bankrupt affiliates of troubled real estate firm CBRM Realty Inc. have asked a New Jersey bankruptcy court to dismiss the Chapter 11, saying that the real goal of the case is to "vault certain stakeholders ahead of prepetition lenders in a misguided sale process," not reorganization.

  • October 16, 2025

    US Magnesium Wins Time To Pursue Sale, EPA Discussions

    A Delaware bankruptcy judge said Thursday he would grant interim approval to about four more weeks of Chapter 11 financing for US Magnesium after pushing back a hearing to convert the case to a Chapter 7 liquidation.

  • October 16, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    The Ninth Circuit supported a man's bid to protect an Arizona property and his RV from his Chapter 7 trustee, a bankrupt vaccine maker struck a deal with the federal government to allow an asset sale hearing so long as government property is not affected, and a New Jersey federal judge stood by his ruling in a copyright suit between an attorney's film company and Netflix. Here are some of the bankruptcy-related stories you might have missed in the last week.

  • October 16, 2025

    Reed Smith Booted From Eletson Ch. 11 Over Clients' Existence

    A New York bankruptcy judge disqualified Reed Smith LLP from continued work in the Chapter 11 case of reorganized oil and gas shipping company Eletson Holdings on Thursday, saying the law firm's clients no longer exist.

  • October 16, 2025

    Insurance Litigation Week In Review

    Illinois' insurance regulator demanded that State Farm turn over data over its homeowners insurance business, the Sixth Circuit affirmed class certification in a dispute over State Farm's payments for totaled vehicles, and the Eleventh Circuit ruled that a policyholder's untimely notice doomed coverage for a gas station's underground fuel tank leak. Here, Law360 takes a look at the past week's top insurance news.

  • October 16, 2025

    Hospital Insurer Seeks Ch. 15 After NY Child Abuse Claims

    Northeast Insurance Co., a captive insurer for several hospitals and a Jewish nonprofit, asked a New York bankruptcy judge for Chapter 15 recognition of its Bermuda liquidation filing, saying it was rendered insolvent by claims stemming from the state's Child Victims Act.

  • October 15, 2025

    $60M Deal Gets Final OK Over Adviser's Role In Ponzi Scheme

    An Illinois state judge on Wednesday gave the final nod to a settlement deal that includes a $60 million judgment, ending investors' negligence claims against their investment adviser, though claims remain ongoing against a movie producer who allegedly misused their investment funds.

  • October 15, 2025

    Kal Freight Trust Accuses Ex-Owners Of Siphoning Funds

    The liquidating trust for Kal Freight Inc.'s estate has sued several companies in Texas bankruptcy court, alleging they were complicit in a scheme orchestrated by its former owners to siphon millions of dollars from the debtor and its affiliates, even while it was in Chapter 11, by making the business overpay for expenses and taking advantage of its fuel reimbursements.

  • October 15, 2025

    Bankruptcy Can't End Caterpillar Privacy Suit, Ex-Worker Says

    A former Caterpillar employee urged an Illinois federal judge on Tuesday not to let his bankruptcy spell doom for his lawsuit claiming the machinery manufacturer illegally collects applicants' family medical histories, arguing he properly used a 'wildcard exemption' to shield his assets from creditors.

  • October 15, 2025

    Syracuse Diocese Gets OK For More Insurance Settlements

    A New York bankruptcy judge Wednesday approved nine remaining settlements with insurance companies for the Roman Catholic Diocese of Syracuse as part of its Chapter 11 plan, following her approval of two earlier deals with insurers in August.

  • October 15, 2025

    How Dallas Emerged As Hotspot For Complex Ch. 11 Cases

    When big U.S. companies file for bankruptcy protection, they're increasingly doing so in Dallas, thanks to the depth of experience of its bench, streamlined procedures for complex Chapter 11 cases and a vibrant local economy, experts told Law360.

  • October 15, 2025

    AlixPartners Earns $6M For Work On Party City Ch. 11

    Consulting firm AlixPartners received a Texas bankruptcy court's approval Wednesday to be paid nearly $6.4 million in professional fees and expenses for its work as a restructuring advisor for insolvent party supply retailer Party City.

  • October 15, 2025

    Crowell & Moring Adds Seasoned Healthcare Trial Atty

    Crowell & Moring on Wednesday announced that it is expanding its healthcare team with the addition of a first-chair trial attorney who co-founded the healthcare practice at Robins Kaplan LLP, where he was most recently a partner.

  • October 15, 2025

    Razzoo's Restaurant Chain Gets 3-Member Creditors Committee

    The Office of the U.S. Trustee has appointed an unsecured creditors committee in Cajun restaurant chain Razzoo's Inc.'s Chapter 11 case composed of My Tech Texas LLC, South Loop Development LLC and Sabine 2016-1 LLC. 

Expert Analysis

  • 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.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • Power To The Paralegals: How And Why Training Must Evolve

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    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • Law School's Missed Lessons: Mastering Time Management

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    Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.

  • Rare Del. Oversight Ruling Sends Governance Wake-Up Call

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    An unusual ruling from the Delaware Court of Chancery recently allowed Caremark oversight claims to proceed against former executives of a company previously known as Teligent, sending a clear reminder that boards and officers must actively monitor and document oversight efforts when addressing mission-critical risks, say attorneys at WilmerHale.

  • 11th Circ. Equitable Tolling Ruling Deepens Circuit Split

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    The Eleventh Circuit recently held that equitable tolling was unavailable to extend a deadline to object to discharge of debt, becoming the most recent circuit court decision to address this issue, and deepening a split that requires resolution by the U.S. Supreme Court, says Paul Avron at Berger Singerman.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

  • Demystifying The Civil Procedure Rules Amendment Process

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    Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.

  • Bankruptcy Courts May Offer Relief For Tariff-Driven Distress

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    The Bankruptcy Code and the customs laws interact in complex ways that make bankruptcy a powerful, albeit limited, tool for companies that are dealing with tariff-related financial distress, says Eitan Arom at KTBS Law.

  • What New CFPB Oversight Limits Would Mean For 4 Markets

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    As the Consumer Financial Protection Bureau continues to centralize its resources, proposals to alter the definition of larger market participants in the automobile financing, international money transfer, consumer reporting and consumer debt collection markets would reduce the scope of the bureau's oversight, say attorneys at Holland & Knight.

  • Advice For 1st-Gen Lawyers Entering The Legal Profession

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    Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.