Mid Cap

  • June 10, 2026

    Phoenix Pride Hits Ch. 11 Citing 'Current Political Climate'

    The nonprofit that organizes the annual LGBTQ Pride festival in Phoenix filed for bankruptcy protection on the eve of Pride Month, becoming the latest casualty of a political climate that the institution and other advocacy groups argue has put a target on the backs of LGBTQ-focused nonprofits.

  • June 10, 2026

    Alachua Wants DOD's $147M Chapter 11 Claim Slashed To $5M

    Biotech group Alachua Government Services asked a Delaware bankruptcy judge to trim the U.S. Department of Defense's Chapter 11 claim by $142 million, saying the government relied upon inapplicable federal regulations in claims connected to rejected contracts.

  • June 10, 2026

    FlexShopper Pushes For Mediation Of Ch. 11 Plan Issues

    Bankrupt rent-to-own company FlexShopper Inc. told a Delaware judge Wednesday that mediation would be the best option to address disputes over the distribution of its remaining assets under a Chapter 11 plan.

  • June 10, 2026

    NY Bar Assoc. Building Gets OK For July Ch. 11 Confirmation

    The 2-year-old bankruptcy case of the historic former New York County Lawyers Association Building in lower Manhattan can move toward a July 7 final confirmation hearing, a federal bankruptcy judge has ruled.

  • June 10, 2026

    DOJ Says Student Borrowers' Suit Is Moot After Rule's Vacatur

    The Trump administration is urging a D.C. federal judge to toss a lawsuit seeking to revive the Biden-era SAVE student loan repayment rule, arguing that the case is moot because there is no rule left to enforce after the Eighth Circuit ordered the plan vacated in March.

  • June 10, 2026

    DEMAR Secures Chapter 15 Nod For Mexican Bankruptcy

    A Texas bankruptcy judge on Wednesday recognized marine oil rig service group DEMAR Instaladora's Mexican bankruptcy case, extending Chapter 15 protections to freeze two pending U.S. lawsuits.

  • June 09, 2026

    Crystallex Warns Of Delay Tactic In Citgo Sale Appeal

    Defunct Canadian miner Crystallex on Friday urged the Third Circuit to order Venezuela's counsel to prove its authority as the country challenges an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of its debt, pointing to the new administration of Delcy Rodriguez.

  • June 09, 2026

    Catching Up With New Bankruptcy Case Action

    Both mid- and large-cap companies — and some that straddled the line — hit bankruptcy in the past week, including two internet infrastructure companies.

  • June 09, 2026

    Philly Violated Cornerstone Of Bankruptcy Law, 3rd Circ. Says

    The Third Circuit on Tuesday revived part of a pro se debtor's long-running bankruptcy fight against Philadelphia holding the city must face civil contempt sanctions for collecting on a lien after his debt was discharged, saying it "violated" one of the "historic cornerstones" of bankruptcy, which is a discharge's finality.

  • June 09, 2026

    FDIC's Hill Eyes Resolution Planning, Assessment Changes

    Federal Deposit Insurance Corp. Chairman Travis Hill said Tuesday that his agency will seek to dial back its living-will requirements for large banks and recalibrate how it charges for deposit insurance, part of a broader push to rethink the agency's approach to handling bank failures.

  • June 09, 2026

    Home Decor Co. Approved To Tap Into $15M Ch. 11 Loan

    Bankrupt home textile and decor company Simply Interior Homes received approval Tuesday from a Delaware judge to tap into a $15 million Chapter 11 loan and help finance its dual-track bankruptcy case.

  • June 09, 2026

    Columbia Bank Must Face Suit Over $230M Ponzi Scheme

    A Washington federal judge on Tuesday preserved a bankruptcy trust's lawsuit against Columbia Bank, finding that the trust adequately alleged the bank helped a real estate business' former operators run a $230 million Ponzi scheme.

  • June 09, 2026

    Sand Miners Say They Are Nearing Ch. 11 Sale Deal

    Two bankrupt fracking sand miners on Tuesday asked a Texas bankruptcy judge for one more week to reach a deal for a cash offer outbidding the current $21 million stalking horse credit bid for their businesses.

  • June 09, 2026

    Biomedical Co. Clearside Gets OK For $4M Ch. 11 Sale

    Eye disease treatment developer Clearside Biomedical received a Delaware bankruptcy judge's approval on Tuesday to sell certain assets for $4 million to its stalking horse.

  • June 09, 2026

    The Law360 400: A Look At The Top 100 Firms

    The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

  • June 08, 2026

    Judge Awards $2.2M In Sanctions In $500M Miss America Spat

    A Florida businessman who claims that he owns the Miss America pageant and his attorney were ordered Monday to pay $2.2 million in sanctions for submitting fraudulent documents in a $500 million dispute over ownership of the pageant and using them to put the company into bankruptcy.

  • June 08, 2026

    Expansion Costs, Online Backlash Sent Cookie Co. To Ch. 11

    A rapid expansion that ate into profits and online backlash that undercut sales was the recipe that led Kentucky-based cookie bakery Please & Thank You to file for Chapter 11, where it hopes to address its debt and either tempt new investors or sell the business.

  • June 08, 2026

    23andMe Says Calif. Data Breach Suit Barred By Ch. 11 Plan

    The plan administration trust created under the Chapter 11 plan of DNA-testing company 23andMe told a Missouri bankruptcy judge Monday that a state court lawsuit brought by the California attorney general over a 2023 data breach violates the terms of the company's confirmed plan.

  • June 08, 2026

    Denver Developer Accused Of Lies To Dodge Loan Repayment

    A real estate investment firm has claimed in Colorado state court that a Denver developer lied numerous times to refinance on three occasions a promissory note governing the development of a residential lot on the north side of the city, alleging that the developer owes nearly $380,000 in damages.

  • June 08, 2026

    Catching Up With Delaware's Chancery Court

    At the Delaware Chancery Court, a trial over World Wrestling Entertainment Inc.'s $21.4 billion merger with Ultimate Fighting Championship's parent company has been canceled, and a Reddit investor has filed a suit claiming the company used artificial intelligence to challenge his grievance about a charter provision.

  • June 08, 2026

    Liability Insurer Owes $1M On $13M Botched Surgery Verdict

    A medical professional liability insurer will pay its $1 million policy limit toward a $13 million verdict against a Washington state doctor in a botched cosmetic surgery case, a federal judge has ruled.

  • June 08, 2026

    Wind Farm Pile-Maker Reaches $12.6M Truce With Landlord

    Wind farm pile-maker EEW American Offshore Structures Inc. asked a New Jersey bankruptcy judge to approve a nearly $13 million settlement the debtor struck with a landlord, saying the deal clears up litigation that contributed to the need to undergo a Chapter 11 case.

  • June 08, 2026

    Window Co. Hits Ch. 11 With $10M Debt, $875K Union Claim

    Pennsylvania window company Graboyes LLC has filed a Chapter 11 petition citing more than $10 million in liabilities, including $2.1 million in disputed loans and an $876,000 "note payable" to the International Union of Painters and Allied Trades District Council 21.

  • June 08, 2026

    Latham Brings On Kirkland Litigation Pro In Austin

    Latham & Watkins LLP announced Monday that it has fortified its litigation presence in Texas and nationally with an Austin, Texas-based partner who arrived from Kirkland & Ellis LLP.

  • June 08, 2026

    Del Monte Plan Rolls On, ABC Law Gains Steam

    The U.S. Supreme Court will not consider an appeal related to an early Texas two-step case, a New Jersey bankruptcy judge declined a Del Monte lender group's request for a plan confirmation stay, and a law to standardize assignment for the benefit of creditors proceedings is gaining traction. This is the week in bankruptcy.

Expert Analysis

  • 4 Former Justices Would Likely Frown On Litigation Funding

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    As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • GENIUS Act Could Muck Up Insolvency Proceedings

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    While some of the so-called GENIUS Act's insolvency provisions are straightforward, others run the risk of jeopardizing the success of stablecoin issuers' insolvency proceedings and warrant another look from Congress, say attorneys at Morgan Lewis.

  • Playing The Violin Makes Me A Better Lawyer

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    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

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    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Despite Dark Clouds, Outlook For US Solar Has Bright Spots

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    While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.

  • Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

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