Mid Cap

  • April 25, 2025

    US Trustee Says Benson Hill Can't Seal Exec Bonus Info

    The U.S. Trustee's Office on Friday asked a Delaware bankruptcy judge to reject bankrupt soybean company Benson Hill's request to seal the names of executives it wants to pay bonuses to, along with the amounts it wants to pay.

  • April 25, 2025

    Packable Creditors Say Deal Sets Aside $17M Recovery

    The official committee of unsecured creditors in e-commerce firm Packable Holdings' Chapter 11 has asked the Delaware bankruptcy court to approve its settlement with the debtor's founders and insurers to resolve breach of fiduciary duty claims, allowing the unsecured creditors to recover more than $17 million in cash. 

  • April 25, 2025

    NJ Atty Sues Former Partner Over Diverted Fee Awards

    A New Jersey attorney sued his onetime debt collection defense law partner in Union County Superior Court this past week alleging that the former partner kept fee awards owed to the firm for himself as the partnership collapsed and the firm faced financial troubles.

  • April 25, 2025

    The Supreme Court's Week: By The Numbers

    The justices heard arguments in five cases this week, including one over instruction on sexuality in public schools and another over the Affordable Care Act's requirement that insurers provide free preventive care, while issuing one decision that self-deportation windows for unauthorized migrants don't expire on weekends. Here, Law360 Pulse takes a data-driven dive into the week that was at the U.S. Supreme Court.

  • April 25, 2025

    ENGlobal Cleared To Sell Itself In Ch. 11

    A Texas bankruptcy judge Friday said he would sign off on the sale of construction and engineering group ENGlobal Corp. to its debtor-in-possession lender upon the uploading of a new order resolving an objection by the federal government.

  • April 25, 2025

    Bertucci's Says Uncertain Economy Sparked Latest Ch. 11

    Italian food chain Bertucci's filed for bankruptcy protection for the third time since 2018, telling a Florida bankruptcy court it is over $32 million in debt and dealing with industry headwinds and the "unanticipated deterioration" of the U.S. economy.

  • April 24, 2025

    3rd Circ. Revives Sanctions For Undisclosed Bankruptcy Fees

    Citing a "legal question of significant public importance," a Third Circuit Court of Appeals panel on Thursday reversed a district court's reversal of a bankruptcy judge's sanctioning of Spector Gadon Rosen & Vinci PC for pursuing additional fees initially undisclosed to the court from a bankrupt couple after agreeing to a flat amount.

  • April 24, 2025

    Bar Louie Gets Final OK For $2.5M DIP In Ch. 11

    A Delaware bankruptcy judge on Thursday gave final approval to Texas-based gastropub chain Bar Louie to access $2.48 million of debtor-in-possession financing facility from its prepetition lender.

  • April 24, 2025

    Labor Woes, Fire, Debt Concerns Led Royal Interco To Ch. 11

    Operational setbacks due to labor shortages, a fire at its distribution center last year and reduced supplier credit stemming from concerns about upcoming debt maturity all contributed to Arizona-based paper towel producer Royal Interco LLC's filing for Chapter 11. 

  • April 24, 2025

    NY Youth Welfare Org Can Sell 22-Acre Property For $9M

    St. Christopher's, a youth mental-health care provider based in New York, received a bankruptcy judge's approval Thursday to close a $9 million sale of its roughly 22-acre property in Orange County, New York.

  • April 24, 2025

    Texas Memory Care Homes Hit Ch. 11 With $10M+ Debt

    A pair of Texas memory care facilities, affiliated with another facility that filed a disputed bankruptcy in December, are seeking Chapter 11 protection in Texas and claiming more than $10 million in liabilities.

  • April 24, 2025

    Pennsylvania Coal Co. Reaches Cleanup Deal In Ch. 11 Case

    Bankrupt coal-mining company Corsa Coal Corp. told a Pennsylvania judge that it had reached a deal with state regulators that resolves a dispute over water source cleanup obligations, with the debtor agreeing to pay $800,000 to be distributed to contaminated water source users.

  • April 24, 2025

    Publishers Clearing House Gets 3-Member Ch. 11 Committee

    The Office of the U.S. Trustee appointed three members to the official committee of unsecured creditors in the Chapter 11 case of sweepstakes business Publishers Clearing House.

  • April 24, 2025

    Fox Rothschild Welcomes 29 New Partners

    Fox Rothschild LLP has elevated 29 attorneys in 19 cities and 11 practice groups to partner, and promoted four associates to counsel, the firm announced.

  • April 23, 2025

    Pool Co. Wants Rival's CEO Arrested For Unpaid $17M Verdict

    A U.S. pool parts supplier wants the owner of a rival Chinese business arrested after months of allegedly dodging court orders demanding information on company assets to satisfy a $17 million false advertising and deceptive business practices judgment.

  • April 23, 2025

    Meet The Attys For Royal Interco's Ch. 11

    Paper goods producer Royal Interco LLC has retained a team of attorneys from Morris Nichols Arsht & Tunnell LLP to represent it in its Chapter 11, in which it intends to pursue a sale.

  • April 23, 2025

    Dolphin Encounter Co. Says Ex-CEO Took Over HQ By Force

    A restructuring professional retained by the bankrupt subsidiaries of The Dolphin Co. said in sworn court filings that the debtor's former CEO seized control of the business's Mexican headquarters earlier this month with the help of a cadre of armed men.

  • April 23, 2025

    Soybean Co. Benson Hill Gets DIP Financing Approval

    A Delaware bankruptcy judge on Wednesday granted final approval to high-protein soybean developer Benson Hill Inc.'s $11 million debtor-in-possession financing, following the company's "global settlement" with its unsecured creditors and DIP lenders.

  • April 23, 2025

    Silvergate Settles Securities Class Action For $37.5M In Ch. 11

    The parent company of Silvergate Bank has asked a Delaware bankruptcy judge to approve a new deal to settle a securities class action for $37.5 million and resolve a slew of indemnification issues in its Chapter 11, a resolution that the debtor said would save it potentially millions of dollars in legal fees.

  • April 23, 2025

    Biotech Firm Omega Therapeutics OK'd For $14M Ch. 11 Sale

    Biotechnology developer Omega Therapeutics received a Delaware bankruptcy judge's approval Wednesday to sell itself to its debtor-in-possession lender and a major shareholder for $14 million in Chapter 11.

  • April 23, 2025

    Ex-CEO Fires Back At Jackson Walker's Standing Argument

    The former CEO of a defunct barge company is fighting to keep alive his lawsuit blaming the company's downfall on the judicial secret romance scandal that has consumed the Texas bankruptcy courts, claiming Jackson Walker LLP is using its own misdeeds to shield itself from liability.

  • April 23, 2025

    Aztec Fund Says Ch. 11 Deal With Bank Of America On Track

    Private equity investment group Aztec Fund can seek votes on its Chapter 11 liquidation plan after a Texas bankruptcy judge gave conditional approval of its disclosure statement.

  • April 23, 2025

    AI Entrepreneur In Talks To Resolve $10M Fraud Case

    The founder of an education-based artificial intelligence company accused of fleecing investors of $10 million is in talks with prosecutors to resolve the case, according to a Wednesday letter.

  • April 22, 2025

    Buffalo Diocese Agrees To Pay $150M To Sex Abuse Survivors

    The Roman Catholic Diocese of Buffalo, New York, on Tuesday announced it has reached a $150 million agreement in principle that would settle the diocese's liability for about 900 claims of child sexual abuse.

  • April 22, 2025

    Brightmark Bondholders Want 'Charade' Ch. 11 Case Tossed

    Secured bondholders of plastics recycling company Brightmark have asked the Delaware bankruptcy court to dismiss the debtor's Chapter 11 proceedings, calling the case a "charade" designed to hand over assets to its parent company to the detriment of the secured creditors.

Expert Analysis

  • How BigLaw Executive Orders May Affect Smaller Firms

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    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

  • Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

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    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • How To Accelerate Your Post-Attorney Career Transition

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    Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.

  • Law School's Missed Lessons: Be An Indispensable Associate

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    While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.

  • 23andMe Case Highlights Privacy Complexities In Ch. 11

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    Attorneys at Pryor Cashman discuss the interplay between a sale of personally identifiable information and bankruptcy law in light of genetics and health company 23andMe's recent filing for Chapter 11 relief.

  • Birding Makes Me A Better Lawyer

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    Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.

  • Adapting To Private Practice: From DOJ Leadership To BigLaw

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    The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.

  • Law Firm Executive Orders Create A Legal Ethics Minefield

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    Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.

  • Firms Must Embrace Alternative Billing Models Or Fall Behind

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    As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.

  • How Attorneys Can Master The Art Of On-Camera Presence

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    As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.

  • Baseball Fantasy Camp Makes Me A Better Lawyer

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    With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.

  • Adapting To Private Practice: From Fed. Prosecutor To BigLaw

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    Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.

  • Perfecting Security Interests In Renewable Energy Tax Credits

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    The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson.

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