Mid Cap

  • June 30, 2025

    States Want Consumer Claims Saved In Solar Mosaic Sale

    A group of states asked a Texas bankruptcy judge to ensure any consumer protection claims tied to home solar loan provider Solar Mosaic's assets will survive the debtor's Chapter 11 sale plans.

  • June 30, 2025

    Fla. Court Declines To Ax $70M 'Usurious' High-Rise Loan Suit

    A Florida federal bankruptcy judge Monday declined to toss a Chapter 11 adversary lawsuit claim that a lender attempted to take ownership of a prized high-rise lot in downtown Miami through a "usurious" $70 million loan default, allowing parties to reargue their positions after an amended complaint was filed.

  • June 30, 2025

    Monster.com Hits Ch. 11, Forever 21 Can Liquidate

    The company behind Monster.com, a job search website, filed for bankruptcy relief with more than $100 million in liabilities, while Forever 21 received approval of its Chapter 11 liquidation plan and Party City secured a court's permission to send its liquidation plan out for a vote.

  • June 30, 2025

    Top State & Local Tax Cases Of 2025: Midyear Report

    From the U.S. Supreme Court ruling in favor of a group of Catholic charities seeking an unemployment tax exemption to the New York Supreme Court ruling on the state's rule governing the application of P.L. 86-272, it's been a busy first half of the year for state and local tax. Here, Law360 looks at some of the top state and local tax cases of the past six months.

  • June 30, 2025

    Bankrupt NJ Office Building Has $21.5M Stalking Horse Bidder

    Bankrupt New Jersey office building owner Viewstar LLC, owned by New York developer Moshe Gold, informed an Empire State bankruptcy court that it has received a stalking horse bid of $21.5 million from K&K Developers Inc.

  • June 30, 2025

    Law Firm Aims To Exit Lowenstein Sandler Suit Over Affidavit

    Trif & Modugno LLC asked a New Jersey state judge to dismiss Lowenstein Sandler LLP's claims against the firm as part of its legal battle with a cannabis dispensary, saying the claims fail because Lowenstein Sandler did not file an affidavit of merit.

  • June 30, 2025

    Judge OKs 23AndMe's $305M Genetic Data Asset Sale

    A Missouri bankruptcy judge has given genetic testing company 23andMe Holding Co. approval to sell all its assets to a nonprofit led by co-founder Anne Wojcicki for $305 million, after two full days of testimony and argument about the proposed sale.

  • June 30, 2025

    Haynes Boone Adds Restructuring Duo To Bolster NY Practice

    Haynes Boone is adding two financial restructuring attorneys previously with Cadwalader Wickersham & Taft LLP as partners in its New York office, the firm announced Monday.

  • June 30, 2025

    Judge Might Toss Calif. Hotel Ch. 11 After $55M Sale Implodes

    A Delaware bankruptcy judge told a California hotel owner and operator Monday he was prepared to dismiss or convert its Chapter 11 case after learning that a proposed $55 million sale to a third party fell apart over the weekend.

  • June 30, 2025

    Meet The Attys Assisting CareerBuilder + Monster In Ch. 11

    CareerBuilder + Monster, a co-venture of two longtime online job search boards, has called upon attorneys from Latham & Watkins LLP and Richards Layton & Finger PA to help guide it through the Chapter 11 process.

  • June 30, 2025

    Publishers Clearing House Gets OK For $7M Sale

    A New York bankruptcy judge on Monday gave an online gaming site operator the go-ahead to buy bankrupt sweepstakes business Publishers Clearing House for more than $7 million, along with the payment of nearly $4 million in outstanding prizes.

  • June 27, 2025

    Real Estate Recap: Compass, Tariffs, Opportunity Zones 2.0

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney insights into the Compass v. Zillow lawsuit, tariff disruption and a potential update to the opportunity zone program.

  • June 27, 2025

    Monster.com Can Tap $20M DIP To Fund Quick Ch. 11 Sales

    A Delaware bankruptcy judge gave interim approval Friday to CareerBuilder + Monster's $20 million Chapter 11 loan, freeing up $12.5 million of funds as the online job search sites look to quickly close asset sales in bankruptcy.

  • June 27, 2025

    Synthego's Ch. 11 Fueled By High Costs, Patent Fight

    Rising costs, heavy investment that outpaced growth and patent litigation led California-based biotechnology company Synthego Corp. to file for Chapter 11 with up to $500 million in debt and a plan to sell its assets to a prepetition lender. 

  • June 27, 2025

    Party City To Send Liquidation Plan Out For Creditor Vote

    A Texas bankruptcy judge on Friday gave Party City permission to send its liquidation plan out for a vote after the retailer agreed to give parties with claims racked up during the Chapter 11 case more time to opt out of proposed cuts to their recoveries.

  • June 27, 2025

    What's Happening In Bankruptcy Court This Coming Week

    With a slightly lighter calendar thanks to Independence Day, bankruptcy judges will consider the Chapter 11 plans and disclosure statements of Molecular Templates and the former owner of social media company Parler, rule on the asset sales of a charter school funder and Village Roadshow, and decide whether a California real estate firm can receive additional postpetition financing.

  • June 27, 2025

    Pillsbury Adds Restructuring Pro From Paul Hastings In NY

    Pillsbury Winthrop Shaw Pittman LLP has grown its insolvency and restructuring practice in New York with the addition of a Paul Hastings LLP partner.

  • June 27, 2025

    B. Riley Divests Advisory Services Biz In $118M PE Deal

    Financial services company B. Riley Financial Inc., advised by Cole Schotz PC, announced Friday the sale of its advisory services business to funds managed by Canadian private equity shop TorQuest Partners in a $117.8 million deal.

  • June 26, 2025

    Food Distributor Harvest Gets Final OK For $104M DIP

    A Texas bankruptcy judge said Thursday she will grant final approval for Harvest Sherwood Food Distributors Inc. to access a $104 million debtor-in-possession financing facility, which would bring $25 million in new funds.

  • June 26, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    The U.S. Trustee's Office opposed Prospect Medical's Chapter 11 plan disclosure on the grounds that the plan can't be confirmed because of its release provisions; hospital operator Steward Health Care's former captive insurer appealed a bankruptcy judge's decision to OK a settlement Steward struck with secured lenders; and Celsius Network asked a federal judge to let its lawsuit targeting blockchain analysis company Chainalysis Inc. continue.

  • June 26, 2025

    Judge Known For Financial Education Advocacy To Retire

    U.S. Bankruptcy Judge Laurel M. Isicoff, who has spent her career promoting financial literacy as a way to avoid financial insolvency, will retire next May after 20 years on the bench in the Southern District of Florida, the Eleventh Circuit confirmed Thursday.

  • June 26, 2025

    Gordon Rees Partner Duo Joins Whiteford In Richmond

    Whiteford Taylor & Preston LLP has added a pair of experienced litigators to its Richmond, Virginia, office as partners from Gordon Rees Scully Mansukhani LLP.

  • June 26, 2025

    '50 Cent' Liquor Biz Can Target Ex-Boss's Home In Ch. 7

    A Connecticut bankruptcy judge ruled that famous rapper Curtis "50 Cent" Jackson's liquor company Sire Spirits LLC can enforce its lien on its former brand manager Mitchell Green's home in Westport to get some recovery for a $7 million fraud judgment against him, even as Green goes through Chapter 7 proceedings.

  • June 26, 2025

    Houston Apartments Owner Files Ch. 11 With Over $10M Debt

    The owner of a Houston apartment complex filed for Chapter 11 protection in New York bankruptcy court with up to $50 million in debt.

  • June 26, 2025

    Silver Airlines Trustee Order Paused, Auction Moves Forward

    A Florida bankruptcy judge Thursday paused his order mandating the appointment of a trustee to oversee Silver Airways' Chapter 11, after being told a trustee could not be named in time to run an auction of the airline's last assets next week before the company runs out of cash.

Expert Analysis

  • Playing Poker Makes Me A Better Lawyer

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    Poker is a master class in psychology, risk management and strategic thinking, and I’m a better attorney because it has taught me to read my opponents, adapt when I’m dealt the unexpected and stay patient until I'm ready to reveal my hand, says Casey Kingsley at McCreadyLaw.

  • Ch. 7 Marshaling Ruling Rests On Shaky Legal Grounds

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    In its recent holding in a Chapter 7 bankruptcy case that marshaling may not be applied against the IRS, a Texas federal court misapplied a bankruptcy code section and case law, leaving a draconian decision that could limit the scope of a powerful equitable estate tool, says Brian Shaw at Cozen O'Connor.

  • Law School's Missed Lessons: Becoming A Firmwide MVP

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    Though lawyers don't have a neat metric like baseball players for measuring the value they contribute to their organizations, the sooner new attorneys learn skills frequently skipped in law school — like networking, marketing, client development and case evaluation — the more valuable, and less replaceable, they will be, says Alex Barnett at DiCello Levitt.

  • $38M Law Firm Settlement Highlights 'Unworthy Client' Perils

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    A recent settlement of claims against law firm Eckert Seamans for allegedly abetting a Ponzi scheme underscores the continuing threat of clients who seek to exploit their lawyers in perpetrating fraud, and the critical importance of preemptive measures to avoid these clients, say attorneys at Lockton Companies.

  • Teaching Business Law Makes Me A Better Lawyer

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    Teaching business law to college students has rekindled my sense of purpose as a lawyer — I am more mindful of the importance of the rule of law and the benefits of our common law system, which helps me maintain a clearer perspective on work, says David Feldman at Feldman Legal Advisors.

  • Law School's Missed Lessons: Mastering Discovery

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    The discovery process and the rules that govern it are often absent from law school curricula, but developing a solid grasp of the particulars can give any new attorney a leg up in their practice, says Jordan Davies at Knowles Gallant.

  • Playing Guitar Makes Me A Better Lawyer

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    Being a lawyer not only requires logic and hard work, but also belief, emotion, situational awareness and lots of natural energy — playing guitar enhances all of these qualities, increasing my capacity to do my best work, says Kosta Stojilkovic at Wilkinson Stekloff.

  • Crisis Management Lessons From The Parenting Playbook

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    The parenting skills we use to help our kids through challenges — like rehearsing for stressful situations, modeling confidence and taking time to reset our emotions — can also teach us the fundamentals of leading clients through a corporate crisis, say Deborah Solmor at the Wisconsin Alumni Research Foundation and Cara Peterman at Alston & Bird.

  • Immunity Waiver Ruling A Setback For Ch. 7 Trustees

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    While governmental units should welcome the U.S. Supreme Court's recent decision in U.S. v. Miller restricting the reach of the Bankruptcy Code's sovereign immunity waiver, Chapter 7 trustees now have a limited ability to maximize bankruptcy estates, says Dan Prieto at Jones Day.

  • Adapting To Private Practice: From NY Fed To BigLaw

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    While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow your network, requiring a clear understanding of how your skills can complement and contribute to a firm's existing practice, and where you can add new value, says Meghann Donahue at Covington.

  • Top 3 Litigation Finance Deal-Killers, And How To Avoid Them

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    Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons for failure, including a lack of trust or a misunderstanding of deal terms, can help both parties avoid problems, say Rebecca Berrebi at Avenue 33 and Boris Ziser at Schulte Roth.

  • Tracking The Evolution Of Liability Management Exercises

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    As liability management exercises face increasing legal scrutiny, understanding the history of these debt restructuring tools can help explain how the playbook keeps adapting — and why the next move is always just one ruling or transaction away, say attorneys at Weil.

  • 3 Steps For In-House Counsel To Assess Litigation Claims

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    Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben.

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