Mid Cap

  • June 03, 2026

    Foley & Lardner Malpractice Suit Eyes Bankruptcy Venue Fate

    A Delaware bankruptcy judge said on Wednesday that he will rule as promptly as possible on a dispute about whether he should retain jurisdiction over a malpractice suit against Foley & Lardner LLP or send it back to state court.

  • June 03, 2026

    Pillsbury Hit With Suit Over Alleged $145M Loan Fraud

    An investment fund has filed a complaint in New York State court accusing a Pillsbury Winthrop Shaw Pittman partner of conspiring with convicted fraudsters to con the fund into writing a $145 million loan to now-defunct financial services company Aspiration Partners.

  • June 03, 2026

    Ascend Elements Gets OK On $32M Ky. Site Sale In Ch. 11

    Battery recycler Ascend Elements on Wednesday secured a Texas bankruptcy judge's approval of a $31.7 million sale of a factory in Kentucky to the main contractor for the site.

  • June 03, 2026

    Oakland Diocese Creditors Want To See Ch. 11 Vote Records

    Unsecured creditors of the Roman Catholic Diocese of Oakland urged a California bankruptcy judge to make the debtor hand over documents related to certain creditors, including communications and plan ballots, claiming the diocese has refused to do so thus far.

  • June 03, 2026

    Bankruptcy Alternative Gaining Steam With Uniform Act

    A uniform law governing assignment for benefit of creditors proceedings is gaining steam, with nine states adopting or considering the legislation, making this faster and cheaper bankruptcy alternative a more attractive option for restructuring professionals, experts told Law360.

  • June 03, 2026

    Makeup Ingredient Supplier Miyoshi Gets Ch. 11 Plan OK

    A Texas bankruptcy judge Wednesday gave the go-ahead for Miyoshi America Inc., a supplier of cosmetics ingredients, to implement its prepackaged Chapter 11 plan to address tort claims, finding the proposal was backed by an "incredible amount of people."

  • June 03, 2026

    3rd Circ. Nixes DOL's $35.8M Nursing Home Wage Win

    Federal wage law doesn't allow workers to recover pay for nonovertime hours during weeks when they logged more than 40 hours, the Third Circuit held Wednesday as a matter of first impression, partially undoing a $35.8 million win for the U.S. Department of Labor against bankrupt nursing homes.

  • June 03, 2026

    Sidley Promotes 52 Attys After Adding Income Partner Tier

    Sidley Austin LLP has elevated 52 attorneys to partner from 11 offices in 23 practice areas.

  • June 03, 2026

    Judge Says He'll OK July Sale For Bitcoin Kiosk Co.

    A Texas bankruptcy judge Wednesday told cryptocurrency kiosk operator Bitcoin Depot he would give it permission to begin marketing its assets aiming for an early July sale, but asked it to give state regulators and others more time to look over the final deal.

  • June 03, 2026

    Drug Research Co. Inotiv Files Ch. 11 To Cut $325M In Debt

    Contract drug research and development company Inotiv Inc. filed a prepackaged Chapter 11 case Wednesday in Texas bankruptcy court with $489 million of debt and support from the majority of its creditors for its reorganization plan.

  • June 02, 2026

    11th Circ. Reverses 2 Live Crew's Copyright Clawback Win

    The Eleventh Circuit ruled Tuesday that hip hop group 2 Live Crew could not reclaim copyrights to five albums despite most of them agreeing to terminate copyright grants to third parties, saying in a published opinion that one member's termination interests were "swept" in, and remained in, his bankruptcy estate.

  • June 02, 2026

    Aspiration Co-Founder Gets 14 Yrs In $248M Fraud Scheme

    Joseph Sanberg, co-founder of the now defunct, celebrity-backed and sustainability-focused financial services company Aspiration Partners, has been sentenced to 14 years in prison by a California federal judge, stemming from a years-long scheme where he defrauded more than 130 victims of at least $248 million. 

  • June 02, 2026

    KDC Bankruptcy Judge Signals Malpractice Suit May Stay Put

    A Delaware bankruptcy judge has told a Chapter 7 trustee suing Foley & Lardner LLP for malpractice that at first glance, he was inclined to retain jurisdiction of the case as part of food waste recycler KDC Agribusiness LLC's bankruptcy instead of sending it back to state court.

  • June 02, 2026

    Justices Urged To Address Tax Fraud Deadline Split

    A woman urged the U.S. Supreme Court on Tuesday to reconcile the appellate courts' split over the period to assess taxes against a taxpayer in cases when a third party commits fraud, saying the IRS even admitted that the conflict creates "intolerable results."

  • June 02, 2026

    Michal International Creditors Say Insider Cut Line With Liens

    The unsecured creditors committee for bankrupt investment company Michal International Investment LLC sued another creditor alleging it schemed to outflank stakeholders by placing liens on debtor assets via a chosen manager.

  • June 02, 2026

    Defense Department Says Biotech Co. Ch. 11 Plan Is Unfair

    The U.S. government has asked a Delaware bankruptcy judge to reject Alachua Government Services' disclosure statement for its liquidation plan, saying the biotechnology company is proposing to shortchange the Department of Defense's claims against the debtor.

  • June 02, 2026

    Fox Rothschild Atty Censured Over $2.7M In Unapproved Fees

    A New Jersey-based bankruptcy partner at Fox Rothschild LLP has been censured by the Supreme Court of New Jersey after she was found to have wrongfully disbursed over $2.7 million in fees to her former firms without approval.

  • June 02, 2026

    Sand Miners Say They May Have Deal For Cash Ch. 11 Sale

    A Texas bankruptcy judge on Tuesday gave a pair of bankrupt fracking sand miners until next week to finalize a last-minute cash offer for their businesses after hearing no one had bid at the debtors' asset auction last week.

  • June 02, 2026

    Catching Up With New Bankruptcy Case Action

    Affiliates of New Fortress Energy asked a U.S. court to recognize their bankruptcies in the U.K. Polish subsidiaries of alternative energy investment company GoldenPeaks Capital began a Chapter 11 proceeding. And an artificial intelligence-enabled voice generating software company entered Chapter 7.

  • June 01, 2026

    23andMe Says California Data Breach Suit Evades Ch. 11 Plan

    The bankruptcy plan administrator for the genetic testing company formerly known as 23andMe is urging a Missouri bankruptcy court to shut down a lawsuit recently lodged by California's attorney general that seeks to recoup potentially millions of dollars in statutory penalties for the company's alleged security and disclosure failings stemming from a 2023 data breach. 

  • June 01, 2026

    4 Mass. Rulings You May Have Missed In May

    A bankruptcy trustee may continue to pursue claims that a lender violated an oral amendment to a loan agreement, a former executive for a Dunkin' franchisee cannot push his case to Delaware, and a law firm hired to represent an investment fund is not responsible for the revocation of a visa for one of the fund's co-founders after he was terminated, judges in Suffolk County's Business Litigation Session concluded in May.

  • June 01, 2026

    Meet The Team Guiding Society Pass Through Ch. 11

    A team of attorneys from Schwartz PLLC is leading e-commerce platform Society Pass Inc. through Chapter 11 in Texas as it seeks a breathing spell following an $11 million judgment against the company in favor of a former employee.

  • June 01, 2026

    Suspended Fla. Lawyer's Bankruptcy Case Thrown Out

    A Florida bankruptcy court judge has dismissed the Chapter 13 case of a suspended lawyer facing state bar disciplinary charges over allegations that he defrauded dozens of clients by charging them legal fees for cases that he abandoned.

  • June 01, 2026

    IronNet Still Short On Funds To End Ch. 11

    A Delaware bankruptcy judge Monday heard cybersecurity firm IronNet is still about $1 million behind on its Chapter 11 payment obligations and a motion to dismiss the case is still on the table.

  • June 01, 2026

    Impac Gets Ch. 11 Plan OK, Bestar Nabs Ch. 15 Recognition

    A Delaware bankruptcy court approved home lending broker Impac Mortgage Holdings Inc.'s Chapter 11 plan, Canadian furniture company Bestar Inc. got Chapter 15 recognition and a Texas judge refused First Brands' bankruptcy plan disclosure.

Expert Analysis

  • Brazilian Jiujitsu Makes Me A Better Lawyer

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    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

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    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

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    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

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    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

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    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

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    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.

  • $38M Law Firm Settlement Highlights 'Unworthy Client' Perils

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    A recent settlement of claims against law firm Eckert Seamans for allegedly abetting a Ponzi scheme underscores the continuing threat of clients who seek to exploit their lawyers in perpetrating fraud, and the critical importance of preemptive measures to avoid these clients, say attorneys at Lockton Companies.

  • Teaching Business Law Makes Me A Better Lawyer

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    Teaching business law to college students has rekindled my sense of purpose as a lawyer — I am more mindful of the importance of the rule of law and the benefits of our common law system, which helps me maintain a clearer perspective on work, says David Feldman at Feldman Legal Advisors.

  • Law School's Missed Lessons: Mastering Discovery

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    The discovery process and the rules that govern it are often absent from law school curricula, but developing a solid grasp of the particulars can give any new attorney a leg up in their practice, says Jordan Davies at Knowles Gallant.

  • Playing Guitar Makes Me A Better Lawyer

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    Being a lawyer not only requires logic and hard work, but also belief, emotion, situational awareness and lots of natural energy — playing guitar enhances all of these qualities, increasing my capacity to do my best work, says Kosta Stojilkovic at Wilkinson Stekloff.

  • Crisis Management Lessons From The Parenting Playbook

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    The parenting skills we use to help our kids through challenges — like rehearsing for stressful situations, modeling confidence and taking time to reset our emotions — can also teach us the fundamentals of leading clients through a corporate crisis, say Deborah Solmor at the Wisconsin Alumni Research Foundation and Cara Peterman at Alston & Bird.

  • Immunity Waiver Ruling A Setback For Ch. 7 Trustees

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    While governmental units should welcome the U.S. Supreme Court's recent decision in U.S. v. Miller restricting the reach of the Bankruptcy Code's sovereign immunity waiver, Chapter 7 trustees now have a limited ability to maximize bankruptcy estates, says Dan Prieto at Jones Day.

  • Adapting To Private Practice: From NY Fed To BigLaw

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    While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow your network, requiring a clear understanding of how your skills can complement and contribute to a firm's existing practice, and where you can add new value, says Meghann Donahue at Covington.

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