Mid Cap

  • April 13, 2026

    Fla. Court Delays Cosmetic Co. Ch. 11 Plan Over Claim Protest

    A Florida bankruptcy judge delayed confirming a cosmetic company's reorganization plan Monday after a creditor protested that its claim was inequitably subordinated in favor of a lender, which agreed to convert its loans to equity in a deal worth roughly $80 million.

  • April 13, 2026

    Cardi B Wants Sanctions Against YouTuber Who Owes $4M

    Rapper Cardi B has urged a Florida bankruptcy judge to sanction Tasha K, alleging the bankrupt YouTuber has been defying the terms of her own Chapter 11 Subchapter V plan by continuing a pattern of disparaging comments that had led to a nearly $4 million defamation judgment.

  • April 13, 2026

    Battery Recycler Wants Ch. 11 Sale Plan That Ends In Mid-May

    Battery recycling company Ascend Elements has filed a proposed bidding procedures motion in its Texas Chapter 11 case, seeking to hold a hearing for a sale of its assets by May 17.

  • April 13, 2026

    Aspiration's Ch. 7 Trustee Sues To Block Calif. Fraud Suit

    The Chapter 7 trustee for Aspiration Partners Inc. has sued investors who have alleged in California state court that the company's co-founder and others defrauded them, telling a Delaware bankruptcy court the civil case risks depleting estate assets that should be shared among all of Aspiration's creditors.

  • April 13, 2026

    Lowenstein Sandler Lands 4-Atty Polsinelli Bankruptcy Team

    Lowenstein Sandler LLP expanded its newly launched Wilmington, Delaware, office this week with the addition of a four-attorney bankruptcy team from Polsinelli PC, including the former co-chair of Polsinelli's bankruptcy practice.

  • April 13, 2026

    Saks Nears Lease Settlement, ABI Says Bankruptcies Up

    Saks and mall owner Simon Property said they are closing in on an agreement resolving a dispute over leases, recycler Aleon Metals received plan approval and the American Bankruptcy Institute reported a first-quarter bump in bankruptcy filings.

  • April 10, 2026

    SEC Suit Over $200M Water Machine Scheme Put On Ice

    A New York federal judge on Friday paused the U.S. Securities and Exchange Commission's civil suit against an Indiana man accused of participating in a $200 million Ponzi scheme, ruling that allowing discovery to go forward could interfere with the government's parallel criminal case.

  • April 10, 2026

    Big Banks Say They Were Victims Of Tricolor Fraud Scheme

    JPMorgan, Barclays and Fifth Third have urged a New York federal judge to toss an investor suit claiming the banks ignored flaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings, arguing that they were also victims of the fraud and not aware of the scheme despite being sophisticated financial institutions.

  • April 10, 2026

    Real Estate Recap: Q1 Dealmakers, Tariff Creep In Contracts

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the law firms that led real estate and hospitality deals in the first quarter, and examples of how tariffs are showing up in real estate contracts one year on.

  • April 10, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Label-maker Multi-Color and film producer Village Roadshow will seek court approval for their respective Chapter 11 plans. Spirit Airlines is hoping to send the reorganization plan for its second bankruptcy off for a creditor vote. And creditors to Brazilian telecommunications group Oi SA will argue that a planned equity sale violates an earlier Chapter 15 order.

  • April 10, 2026

    How Label Co. Multi-Color's Ch. 11 Got Mired In Conflict

    Multi-Color Corp. is barreling toward a confirmation hearing Monday in New Jersey amid a slew of disputes in its fast-tracked Chapter 11 case, potentially threatening the success of the label-maker's $3.9 billion debt reduction plan, experts told Law360. 

  • April 10, 2026

    Texas Multifamily Developer Hits Ch. 11 Amid Lender Suits

    A Texas-based workforce housing developer with affiliates and executives facing litigation from lenders has filed for Chapter 11 protection in Texas bankruptcy court with over $73 million in debt.

  • April 10, 2026

    Spanish Broadcasting System Signs Restructuring Deal

    Radio station operator Spanish Broadcasting System Inc. announced Friday it had entered into a restructuring support agreement with a majority of its secured noteholders to complete a prepackaged debt-for-equity swap plan through a Chapter 11 case, with an option to pivot to a sale of the business.

  • April 10, 2026

    Battery Recycler Files Ch. 11 With $143M+ Debt

    Massachusetts-based battery recycler Ascend Elements has filed for Chapter 11 in Texas with upward of $143 million in debt, saying it is hard up on cash at its early stage of development and needs to reorganize to meet its long-term goals.

  • April 09, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The trustee in Bernie Madoff's bankruptcy unveiled a deal to end longtime litigation with a United Arab Emirates sovereign wealth fund. A bitcoin owner alleged scammers used confidential creditor information stolen from a bankruptcy claims agent to target him. And creditors objected to a resort developer's proposal to split land sale proceeds.

  • April 09, 2026

    Creditors Say Jones Day Conflicted In Vanderbilt's Ch. 11

    Unsecured creditors of mining company Vanderbilt Minerals told a New York bankruptcy judge Thursday that the company's choice of counsel should not be honored because Jones Day previously worked for nondebtor affiliates of the company and is conflicted.

  • April 09, 2026

    NY Nursing Home Objects To Push For Ch. 7

    Long Island nursing home operator Cold Spring Acquisition pushed back on a bid by its unsecured creditors' committee to convert its Chapter 11 bankruptcy to a Chapter 7 liquidation, arguing the committee failed to show there was cause to do so.

  • April 09, 2026

    MMA Law Accuses Lawyer, Insurance Co. Of RICO Scheme

    Embattled Texas firm MMA Law has filed nearly a score of complaints amid an ongoing bankruptcy action, including accusing a Louisiana attorney, his wife and an insurer of working together to "target, dismantle and destroy" the firm in an effort to avoid sharing a cut of legal fees stemming from storm damage claims.

  • April 09, 2026

    Meet The Attorneys Guiding IO Biotech In Ch. 7

    Denmark-based biotechnology firm IO Biotech has retained a team from Young Conaway Stargatt & Taylor LLP to guide it through Chapter 7 liquidation in Delaware bankruptcy court after its prospective cancer vaccine failed to pass muster.

  • April 09, 2026

    Health Aides' OT Suit Ends After Bankruptcy Ruling

    A Maryland federal court has dismissed the remaining claims by workers in a wage lawsuit against a home healthcare provider after related bankruptcy proceedings resolved the dispute, according to court filings.

  • April 08, 2026

    Colo. Cannabis Co. Seeks Receiver After $13M Loan Default

    A Colorado cannabis company requested judicial oversight of its dissolution Tuesday after informing a state court judge through a motion for emergency appointment of a receiver that the company is no longer able to pay its obligations.

  • April 08, 2026

    Judge To OK Aleon Ch. 11's Plan After Release Changes

    A Texas bankruptcy judge on Wednesday said he would confirm bankrupt recycler Aleon Metals LLC's Chapter 11 plan once its releases are narrowed, having concluded that the releases were consensual.

  • April 08, 2026

    SEC Says Booze Co. Ginned Up Bogus Sales In Investor Fraud

    The U.S. Securities and Exchange Commission has sued the former CEO of a now-defunct organic alcohol company in Minnesota federal court for allegedly raising $2.4 million from investors after recording sham transactions to prop up the company amid financial difficulties.

  • April 08, 2026

    Tonopah Creditor Calls For Ch. 11 Trustee To Probe Conflicts

    A bankrupt Nevada solar plant project is "hopelessly conflicted" and should see its case taken over by a Chapter 11 trustee, according to a creditor's motion filed on Wednesday.

  • April 08, 2026

    Calif. Student Housing Investor Hits Ch. 11 Ahead Of Auction

    The owner of Element Student Living, an apartment complex near California State University Sacramento linked to real estate firm Versity Investments, filed for Chapter 11 protections in Delaware with at least $50 million in liabilities two days before a scheduled foreclosure auction.

Expert Analysis

  • Law School's Missed Lessons: Appreciating Civil Procedure

    Author Photo

    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • How Attorneys Can Become Change Agents For Racial Equity

    Author Photo

    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.

  • Running Marathons Makes Me A Better Lawyer

    Author Photo

    After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.

  • Law School's Missed Lessons: Supporting A Trial Team

    Author Photo

    While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.

  • Adapting To Private Practice: From US Attorney To BigLaw

    Author Photo

    When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.

  • The Ins And Outs Of Consensual Judicial References

    Author Photo

    As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.

  • The BigLaw Settlements Are About Risk, Not Profit

    Author Photo

    The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.

  • Brazilian Jiujitsu Makes Me A Better Lawyer

    Author Photo

    Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.

  • Power To The Paralegals: An Untapped Source For Biz Roles

    Author Photo

    Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.

  • Franchise Group Dispute Reflects Rising Intercreditor Suits

    Author Photo

    A recent complaint filed by senior creditors against junior creditors in the Franchise Group bankruptcy could embolden lenders to take preemptive action against one another in bankruptcy proceedings, and could affect the way secured lenders draft intercreditor agreements going forward, say attorneys at Choate.

  • Playing Poker Makes Me A Better Lawyer

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Mid Cap archive.