Mid Cap
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August 05, 2025
Brooklyn Mirage Owner Gets OK For $10M In Ch. 11 Cash
The owner of New York City's Brooklyn Mirage music venue received bankruptcy court approval Tuesday for $10 million in Chapter 11 financing to fund its case with a goal of closing on a sale of assets by early November.
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August 05, 2025
Meet The Attorneys Guiding Pet Care Co. Wag! In Ch. 11
A team of lawyers from Young Conaway Stargatt & Taylor LLP is leading Wag! Group through Chapter 11 as the debtor looks to hand control of the company to its primary lender under a prearranged restructuring plan.
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August 05, 2025
Judge OKs Genetics Co. Synthego's Liquidation Plan
A Delaware bankruptcy judge on Tuesday granted final approval for California-based gene-editing technology supplier Synthego Corp.'s liquidation plan, which transfers control of the company to its secured lender following a $90 million purchase.
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August 05, 2025
Chancery Sends Steel Co.'s Fraudulent Transfer Suit To Trial
A steel product company's claims that a bankrupt former customer, for which it was also serving as a creditor, fraudulently transferred away millions that could have covered its debts must go to trial, a Delaware vice chancellor ruled on Tuesday.
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August 05, 2025
Catching Up With New Bankruptcy Case Action
Twin sand mining companies entered Chapter 11 after facing tensions with a lender and seeing drops in production and orders. A New York City music venue owner filed for bankruptcy, saying renovation and permitting troubles at its largest venue scuttled its 2025 season. And an Arkansas rice mill filed for Chapter 11 with up to $10 million in liabilities. Here are some of the past week's new bankruptcies.
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August 05, 2025
Insurers Object To Litigation 'Test Cases' In Diocese's Ch. 11
Several insurance carriers have asked a California bankruptcy judge to deny a request by the Santa Rosa Catholic Diocese and its unsecured creditors' committee to lift a Chapter 11 stay on litigation so that sexual abuse "test cases" can proceed, arguing this would wreak havoc on and undermine the bankruptcy case.
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August 05, 2025
Munsch Hardt Starts Mediation Practice With Ex-CEO At Helm
Texas law firm Munsch Hardt Kopf & Harr PC has launched a mediation practice with a former firm CEO and litigation practice group leader at the helm.
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August 05, 2025
Berger Singerman Adds Stichter Riedel Bankruptcy Ace In Fla.
A longtime bankruptcy attorney at Stichter Riedel Blain & Postler PA has brought her practice to Berger Singerman LLP in Tampa.
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August 05, 2025
Law Firm, Ex-Client Want La. Malpractice Fight Moved To NJ
A doctor pursuing malpractice claims against New Jersey firm Porzio Bromberg & Newman PC in New Orleans federal court has agreed to take the fight up north, with the two sides filing a joint motion to transfer the venue to the District of New Jersey.
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August 04, 2025
GWG Bondholders Seek Trustee Removal Over Ethics Scandal
Bondholders of former life insurance bond seller GWG Holdings Inc. on Monday said the lawyer winding down the company and a bankruptcy judge must step down from the Chapter 11 case over their connections to a romance scandal in Southern District of Texas' bankruptcy court.
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August 04, 2025
Nikola Seeks To Erase $13M Securities Class Action Claim
Bankrupt electric vehicle maker Nikola Corp. urged a Delaware bankruptcy judge to approve a plan to demote $13 million in claims connected to a securities class action, arguing the court shouldn't let investors convert their equity losses into creditor claims in Chapter 11.
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August 04, 2025
Oil Co., Tokio Marine Unit Settle $24M Bond Dispute
A Tokio Marine unit, an oil and gas company and a property owner have settled a $24 million dispute over outstanding reclamation bonds guaranteeing the proper environmental remediation of oil and gas properties, according to an order dismissing the case filed in Texas federal court.
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August 04, 2025
Womble Bond Adds 20 Attys From Shuttering Nashville Firm
Womble Bond Dickinson announced Monday that it has strengthened its presence in Nashville, Tennessee, by bringing on 20 attorneys from boutique law firm Neal & Harwell PLC, which will cease operations Aug. 31.
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August 04, 2025
Jackson Walker Settles Claims, Diocese's Ch. 11 Plan OK'd
Law firm Jackson Walker LLP settled another fee dispute tied to a former partner's romance with a former bankruptcy judge. A New York judge said he was ready to approve the Chapter 11 plan of Rochester's Catholic Diocese at an upcoming hearing. And CareerBuilder + Monster got approval for a $69 million asset sale. This is the week in bankruptcy.
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August 04, 2025
NYC Music Venue Operator Hits Ch. 11 After Project Delays
Avant Gardner, a New York City music venue owner, filed for Chapter 11 in Delaware on Monday, saying renovation and permitting troubles at the Brooklyn Mirage, its largest venue, stopped it from hosting events in the space for the 2025 season.
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August 01, 2025
Long Island Castle Owner Files Ch. 11 To Stall Foreclosure
The owner of a century-old castle on Long Island's Gold Coast filed for Chapter 11 protection late Thursday in New York bankruptcy court, saying it wants to stop a foreclosure sale being forced by its mortgagee lender so the debtor can run a sale process of its own.
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August 01, 2025
Meet The Attorneys Guiding Desktop Metal's Ch. 11
A team of lawyers from Pachulski Stang Ziehl & Jones LLP is leading the bankruptcy case of a 3D printer designer, Desktop Metal, as the company plans to sell its assets through Chapter 11 proceedings.
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August 01, 2025
What's Happening In Bankruptcy Court This Coming Week
During August's first full week, bankruptcy judges will hear issues including Silicon Valley Bank's former parent company's fight with Cayman Islands liquidators over standing, Genesis Healthcare's request for final postpetition financing approval and a personal injury firm's agreement to appoint an examiner in its bankruptcy.
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August 01, 2025
4 Mass. Rulings You May Have Missed In July
A cannabis company in the process of going out of business cannot rely on a state court receivership to shield it from creditors in other states, and the owners of shuttered Norwood Hospital can't renew an expired permit issued to bankrupt Steward Health.
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August 01, 2025
Rising Star: Paul Hastings' Lindsey Henrikson
Lindsey Henrikson of Paul Hastings LLP advised Colombian refinery Reficar in a high-stakes global restructuring that preserved a $1.3 billion arbitration award and secured equity in McDermott International, earning her a spot among the bankruptcy law practitioners under 40 honored by Law360 as Rising Stars.
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August 01, 2025
Fiber Co. Tilson Asks For Nod On $4.2M Broadband Sale
Fiber network developer Tilson Technology Management Inc. asked a Delaware bankruptcy judge to approve the sale of its broadband business for about $4.2 million.
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July 31, 2025
Calif. Resort Developer Gets 2 More Weeks Of Ch. 11 Funding
An insolvent company that developed a resort and other properties in California told a Delaware bankruptcy judge on Thursday that it had cobbled together two more weeks of Chapter 11 financing, avoiding for now a dismissal or conversion of its case to a Chapter 7 liquidation.
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July 31, 2025
CGL Cases To Watch In The Second Half Of 2025
Federal and state courts continue to weigh litigation involving public nuisance, long-tail environmental and sexual abuse claims. Here, Law360 breaks down some of the blockbuster commercial general liability insurance cases to follow in the second half of the year.
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July 31, 2025
Casino Developer Must Stay In Involuntary Ch. 7, Judge Finds
A Delaware bankruptcy judge has refused to throw out or convert the involuntary Chapter 7 proceedings launched against the onetime hopeful developer of a casino in Mississippi, concluding the creditors that forced it into bankruptcy did not act in bad faith.
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July 31, 2025
Desktop Metal OK'd For $10M Sale To Fund Ch. 11
A Texas bankruptcy judge Thursday allowed 3D printer designer Desktop Metal to sell its foreign subsidiaries for $10 million as it looks to find a buyer for the rest of its assets in Chapter 11.
Expert Analysis
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Terraform Case May Be Bellwether For Crypto Enforcement
The prosecution of crypto company Terraform Labs and its CEO, Do Kwon, offers a unique test of the line between lawful and unlawful conduct in digital transactions, and the Trump administration’s posture toward the case will provide clues about its cryptocurrency enforcement agenda in the years to come, say attorneys at Brooks Pierce.
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How Law Firms Can Counteract The Loneliness Epidemic
The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.
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5 Keys To Building Stronger Attorney-Client Relationships
Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.
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How Courts Can Filter Nonmeritorious Claims In Mass Torts
Nonmeritorious claims have been a key obstacle to settlement in many recent high-profile mass torts, but courts may be able to use tools they already have to solve this problem, says Samir Parikh at Wake Forest University.
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Racing Corvettes Makes Me A Better Lawyer
The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome.
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Attorneys Must Act Now To Protect Judicial Independence
Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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How Design Thinking Can Help Lawyers Find Purpose In Work
Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.
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Competitive Weightlifting Makes Me A Better Lawyer
The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law.
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Serta Ruling Further Narrows Equitable Mootness In 5th Circ.
The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable mootness doctrine, and may set up a U.S. Supreme Court review of the doctrine in the near future, say attorneys at Cleary.
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Inconsistent Injury-In-Fact Rules Hinder Federal Practice
A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.
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In-House Counsel Pointers For Preserving Atty-Client Privilege
Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.
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Collecting Rare Books Makes Me A Better Lawyer
My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.