Mid Cap

  • September 23, 2026

    Conn. Panel Seeks Info On Intervenor Standing In Setoff Case

    A Connecticut appellate court has asked for more information about whether intervenors challenging caps that could cut millions of dollars of benefits in a state-managed rehabilitation of PHL Variable Insurance Co. are actual policyholders who have standing to be involved in an appeal.

  • September 23, 2026

    Real Estate Tech Co. Files Ch. 11 To Stave Off Foreclosure

    HouseCanary has filed for Chapter 11 in New Jersey seeking to stop a planned foreclosure auction that the real estate analytics and artificial intelligence company said threatened to "destroy" it.

  • September 23, 2026

    Culligan Investors Say Purdue Bars Bermuda Deal In Ch. 15

    The liquidators of Culligan Ltd., a now-defunct affiliate of the global water treatment brand, asked a New York bankruptcy judge to recognize a Bermuda settlement ending a 14-year "nuisance" derivative shareholder lawsuit, while the plaintiffs in the suit argued the settlement violates the U.S. Supreme Court's Purdue Pharma decision barring nonconsensual releases.

  • September 23, 2026

    Crypto Miner Poolin Says $140M Bid Wins Ch. 11 Auction

    Cryptocurrency miner Poolin Technology said Wednesday afternoon that it has named Hut8 Corp. as the winning bidder for its assets in Chapter 11, with a $140 million bid.

  • September 23, 2026

    Buffalo Diocese Seeks Approval On $177M Deal With Insurers

    The Roman Catholic Diocese of Buffalo has told a New York bankruptcy judge that it has reached a nearly $177 million settlement with its insurance carriers, raising the funds available for the sexual abuse settlement trust in its Chapter 11 plan to nearly $327 million.

  • September 23, 2026

    BigLaw Expands Hybrid Capital Ranks Amid Uncertain Times

    BigLaw firms are jockeying to build out "hybrid capital" practices as their private equity and private credit clients flock to the newly in-demand investment strategy to navigate economic and geopolitical uncertainty.

  • September 23, 2026

    Uniroyal Legacy Unit Gets OK To Solicit Votes On Ch. 11 Plan

    A New Jersey bankruptcy judge Wednesday agreed to approve the disclosure statement of a legacy unit of defunct tire maker Uniroyal, allowing the debtor to send its Chapter 11 plan to creditors for a vote.

  • September 23, 2026

    Gundlach Bundschu Winery Seeks Ch. 11 With $39M Debt

    Gundlach Bundschu Winery, which claims to be California's oldest continuously family-owned winery, filed for Chapter 11 bankruptcy relief Wednesday, as it seeks to restructure its more than $39 million in liabilities.

  • September 23, 2026

    Meet The Attys Helping Horticultural Supplier BFG In Ch. 11

    BFG Supply Co. LLC, a major U.S. distributor of horticultural and agricultural supplies, has hired attorneys from Cole Schotz PC to guide its Chapter 11 case as the debtor pursues a sale of all its assets.

  • September 23, 2026

    Steel Distributor UPG Hits Ch. 11 In Illinois Seeking Sale

    Steel distributor UPG Enterprises has filed for Chapter 11 protection in Illinois in hopes of drumming up more interest in its sale process, the debtor said Wednesday.

  • September 22, 2026

    Catching Up With New Bankruptcy Case Action

    Two restaurant chains hit bankruptcy, saying they were casualties of an erratic economy. A hospice care provider and an operator of mental health facilities filed for bankruptcy protection. And a real estate developer entered bankruptcy court after a dispute involving tribal law.

  • September 22, 2026

    Crypto Miner Creditor Denied Judgment In Ch. 11 Fee Dispute

    A creditor that had joined in an involuntary Chapter 11 petition against cryptocurrency miner Mawson lost its bid for a judgment on the pleadings Tuesday in the former debtor's bankruptcy court lawsuit seeking payments of its fees and costs and damages against the creditor.

  • September 22, 2026

    SPI Solar Can Take Discovery From Ex-CEO

    A Delaware bankruptcy judge Tuesday signed off on SPI Solar's bid to take books and records from the solar company's former CEO and others, overruling the ex-executive's objection to the debtor's discovery motion.

  • September 22, 2026

    Yardbird Can Tap $5.4M Ch. 11 Loan To Pursue Asset Sale

    Casual Southern dining chain Yardbird on Tuesday received a Delaware bankruptcy judge's interim approval to get a taste of its $5.4 million in Chapter 11 financing as the debtor prepares to run a sale process for its restaurant operations.

  • September 22, 2026

    Pachulski Stang Names NY Leader As 1st Firm Chair

    Bankruptcy and restructuring boutique Pachulski Stang Ziehl & Jones LLP announced Tuesday it has named its first firm chair, as one of its co-founder steps away from day-to-day management and the firm looks to transition to its next generation.

  • September 22, 2026

    Wendy's Says 314-Store Franchisee Lost Rights Before Ch. 11

    Wendy's Co. told a Michigan bankruptcy court that one of its largest U.S. franchisees lost the right to operate 314 restaurants before filing for Chapter 11 protection, arguing that the franchise agreements had been validly terminated and are no longer part of the debtor's bankruptcy estate.

  • September 22, 2026

    9th Circ. Names Downey Brand Atty To Calif. Bankruptcy Court

    The Ninth Circuit has named a longtime bankruptcy partner at the firm Downey Brand LLP to the bankruptcy bench in the Eastern District of California, the appellate court has announced.

  • September 21, 2026

    Summer Camp Operator Says Cash Advances Were Loans

    The insolvent company that ran dozens of summer camps in several states is asking a New Jersey bankruptcy judge to find the financing agreements it had entered shortly before it sought Chapter 11 protection were actually loans, instead of a true sale of future receivables, as a merchant cash advance provider has argued.

  • September 21, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week dismissed a challenge to Alteryx Inc.'s $4.4 billion take-private sale, resolved a fight over the removal of a security technology company's director and declined to let Empery Digital Inc. immediately appeal a proxy contest ruling.

  • September 21, 2026

    23andMe Can Estimate Calif. Claims, But Only For Reserve

    A Missouri federal judge Monday partially granted a bid by 23andMe's bankruptcy trust to assess the value of data breach claims brought by the state of California, saying he would let the trust value the state's alleged damages only for the purpose of setting up a reserve for disputed claims.

  • September 21, 2026

    Spirit's Ch. 11 Sale Offers AI New Data, With Privacy Concerns

    A bid by Google to buy data from defunct Spirit Airlines could signal the opening of a new frontier for monetizing assets in bankruptcy cases, but there are questions about how useful the data will actually be to a buyer — especially if too much personally identifiable information ends up being purged due to privacy concerns, experts told Law360.

  • September 21, 2026

    House OKs Debt Limit Bill, Lugano Gets Ch. 11 Plan Approval

    The U.S. House of Representatives passed a bill to restore higher debt limits for streamlined bankruptcies, jewelry house Lugano Diamonds obtained confirmation of its Chapter 11 plan and a Texas bankruptcy judge said she would approve a settlement in Genesis Healthcare's insolvency case.

  • September 21, 2026

    Spanish Steel Co. Tubos Reunidos Gets Ch. 15 Recognition

    Tubos, a steel pipe maker, received Chapter 15 recognition of its Spanish insolvency proceeding Monday at a hearing in Texas bankruptcy court.

  • September 21, 2026

    Womble Bond Plants Flag In Florida With Jacksonville Shop

    Womble Bond Dickinson announced Monday that it has opened an office in Jacksonville, its first in Florida, with a three-member team of bankruptcy and restructuring attorneys anchoring the new location.

  • September 21, 2026

    Judge OKs Up To $3.2M In BioXcel Employee Ch. 11 Bonuses

    A Delaware bankruptcy judge approved employee retention and executive incentive payments that could total up to $3.2 million as AI-bolstered pharmaceutical group BioXcel works to sell its assets in Chapter 11.

Expert Analysis

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

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    The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

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    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

  • What Insurers Must Know When Insureds File For Bankruptcy

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    With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting themselves with key procedural details of the bankruptcy process, say attorneys at McDermott.

  • 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.

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