Mid Cap

  • November 07, 2025

    Real Estate Recap: Mamdani, Immigration, Q3 Debrief

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including real estate reactions to the election of Zohran Mamdani as mayor of New York City, how condo attorneys are bracing for a surge in immigration enforcement and third-quarter takeaways across asset classes.

  • November 07, 2025

    Judge Will Let 23andMe Cut 157K Claims, Down From 160K

    A Missouri bankruptcy judge told genetic testing company 23andMe on Friday he would allow it to shear nearly 157,000 claims from its bankruptcy case, sustaining an objection the company lodged asserting the claims may be fraudulent.

  • November 07, 2025

    Developer Five Star Gets Interim OK For $6M Ch. 11 Loan

    Luxury resort developer Five Star Development LLC can access $6 million of Chapter 11 financing after a Texas bankruptcy judge granted interim approval to the package over the objection of a prepetition lender, which proposed a competing offer.

  • November 07, 2025

    Ex-Lordstown Execs Fight Bankruptcy Reserve Cut

    Former executives of bankrupt Ohio electric vehicle manufacturer Lordstown Motors urged a Delaware bankruptcy judge to preserve a key financial cushion in the company's post-bankruptcy claims reserve, arguing that the reorganized debtor is improperly seeking to reduce the protections negotiated for unresolved indemnification and defense-cost claims.

  • November 07, 2025

    Chancery Denies Ruling Stay In Caribevision Control Dispute

    Two camps battling over control of Delaware-chartered television network Caribevision both lost postjudgment rulings Friday on motions to undo parts of a Court of Chancery decision last month intended to resolve control of the self-described media "eyes and ears of the Caribbean."

  • November 07, 2025

    What's Happening In Bankruptcy Court This Coming Week

    It's a confirmation-seeking bonanza in the coming week as the Archdiocese of New Orleans will come to court for a pretrial conference related to its bankruptcy plan, Purdue will seek confirmation of its Chapter 11 plan, and Yellow Corp. will make its own bid for plan approval.

  • November 07, 2025

    Cajun Food Chain Razzoo's Gets $4M DIP In Ch. 11

    A Texas bankruptcy judge signed off Friday on Cajun restaurant chain Razzoo's bid to borrow $4 million in financing in Chapter 11, funds the company will use to support itself as it works to sell its assets.

  • November 06, 2025

    Core Scientific Reaches $14.75M Deal With SPAC Investors

    Bankrupt cryptocurrency miner Core Scientific has reached a $14.75 million agreement to settle proposed class action claims brought by an investor in the special purpose acquisition company that made a $4.3 billion deal to bring the miner public via merger.

  • November 06, 2025

    Luxury Developer Five Star Told To Review Competing DIP

    At a first-day hearing Thursday, a Texas bankruptcy judge asked debtor Five Star Development LLC to consider an alternative Chapter 11 financing package from a prepetition lender it has accused of fraud and return to court Friday.

  • November 06, 2025

    Tom Girardi's Brother, Bankruptcy Trustee Settle Legal Fees

    The brother of disgraced attorney Tom Girardi and the trustee for their now-defunct law firm, Girardi Keese, have reached an agreement resolving John Girardi's claim seeking legal fees for cases he worked on after leaving the firm, the trustee told the California bankruptcy court.

  • November 06, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A Firstbase.io creditor asked a judge to rethink approving another creditor's Chapter 11 plan for the debtor, Revlon is looking to quash an injury suit by invoking its plan's injunction mechanism, and the U.S. Trustee's Office encouraged a judge to reject Yellow's Chapter 11 plan.

  • November 06, 2025

    'Matrix' Producer's $18.5M Ch. 11 Sale OK'd Over WB Protest

    Village Roadshow, which produced titles like "The Matrix" and "Joker," can sell its derivative film rights for $18.5 million, a Delaware bankruptcy judge decided, overruling an objection from the debtor's former business partner Warner Bros.

  • November 06, 2025

    Atty Exits Bankruptcy Case Amid Judge Romance Fallout

    The embattled wind-down trustee for defunct life insurance bond seller GWG Holdings in a Houston Chapter 11 case has resigned from the role amid the fallout from her secret romance with a then-bankruptcy judge in the Southern District of Texas.

  • November 06, 2025

    Cole Schotz Adds Litigator From Delaware Boutique

    Cole Schotz PC has added a litigator in Delaware from Wilmington-based Seitz Van Ogtrop & Green PA to expand its capacity to advise clients in commercial, bankruptcy, intellectual property and construction matters.

  • November 06, 2025

    Maron Marvel Adds New Houston Managing Partner

    Maron Marvel Bradley Anderson & Tardy LLC has added a new partner to serve as the firm's managing attorney in Houston, who previously spent more than four years as shareholder-in-charge of the Houston office of Barron & Newburger PC.

  • November 05, 2025

    Aerospace Co. Urges Justices To Hear 'Toxic Lender' Case

    Aerospace company Xeriant Inc. is petitioning the U.S. Supreme Court to hear a lawsuit over a stock-as-collateral loan it entered into with Auctus Fund LLC, arguing the Second Circuit's dismissal of the case clashes with another circuit decision that allowed the U.S. Securities and Exchange Commission to pursue so-called toxic lenders in the microcap space.

  • November 05, 2025

    Balcon Salon Ch. 11 Tied To Construction Woes, Slow Sales

    Just two years after opening in Manhattan's Hell's Kitchen neighborhood, Balcon Salon is facing a Chapter 11 restructuring after unexpected construction delays and softer sales it attributed to a downturn in alcohol consumption.

  • November 05, 2025

    Creditors Say No More Time For Nursing Home's Ch. 11 Plan

    Guardian Elder Care's unsecured creditors committee urged a Pennsylvania bankruptcy judge to deny the nursing home operator's latest request to extend its exclusive window to propose a Chapter 11 plan, arguing it hasn't made enough progress in its 15 months in bankruptcy.

  • November 05, 2025

    Fired E-Biz Execs Sue Jackson Walker Over Judge's Romance

    A pair of former executives at e-commerce company Volusion LLC have hit Jackson Walker LLP with the latest in a series of suits accusing the firm of legal malpractice stemming from the undisclosed romance between a former partner and a Texas bankruptcy judge.

  • November 05, 2025

    Home Remodel Group Renovo Files Ch. 7 With $100M+ Debt

    Renovo Home Partners, a company that rolled up home improvement businesses while backed by private equity, has filed for Chapter 7 in Delaware bankruptcy court, declaring up to $500 million in debt across almost 20 affiliates.

  • November 05, 2025

    Luxury Developer Five Star Hits Ch. 11 In Texas

    Five Star Development LLC, a company building a Ritz-Carlton property in Arizona, has filed for Chapter 11 relief in Texas bankruptcy court to gain protection from lender collection actions.

  • November 05, 2025

    Amlin Dodges $47M Award Over 'Pay First' Clause In Ship Row

    The owner of a vessel that ran aground cannot overturn a judgment finding that MS Amlin Marine NV doesn't have to pay out to a company it insured because the insolvent business failed to pay a $47 million arbitration award, an appeals court ruled Wednesday.

  • November 04, 2025

    Ignore Circuits, Follow Scalia, Justices Told In Deadlines Duel

    How can a U.S. Supreme Court advocate persuade the justices to spurn the near-universal views of circuit courts? One option appeared Tuesday at arguments over deadlines to vacate judgments, as a Williams & Connolly lawyer invoked Justice Antonin Scalia's influential methods — and seemingly found a receptive audience.

  • November 04, 2025

    Bankruptcy Judge Taken Off GWG Case Amid Scandal Fallout

    The federal judge overseeing GWG Holdings' bankruptcy case has been removed because of his professional relationship with embattled former U.S. Bankruptcy Judge David R. Jones, a decision the chief bankruptcy judge attributed not to the GWG judge's "own actions," but to Jones's "abuse" of judicial authority.

  • November 04, 2025

    Clippers Owner, BakerHostetler Named In Fintech Fraud Suit

    Nearly a dozen investors have filed an amended lawsuit in California state court alleging Los Angeles Clippers owner Steve Ballmer and others, including BakerHostetler, helped financial technology company Aspiration Partners Inc. defraud them by propagating a false narrative that the business was financially solvent.

Expert Analysis

  • 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.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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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.

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