Mid Cap

  • March 25, 2026

    Bankruptcy Financing Becomes New Front For Lender Battles

    Lender-on-lender brawling that normally occurs out of court is increasingly unfolding in the Chapter 11 financing arena, forcing bankruptcy judges to reckon with in-court deals that use aggressive liability management tactics to promote certain investors over others.

  • March 25, 2026

    Alaskan Airline Gets OK For $20M Asset Sale In Ch. 11

    A Delaware bankruptcy judge on Wednesday said he would approve Alaska-based airline operator Float Alaska's request for permission to sell aircraft, spare parts and an affiliate for more than $20 million.

  • March 25, 2026

    Cannabis Co. Seeks Ch. 15 As It Eyes Sales Of US Business

    The foreign representative for Cannabist Company Holdings Inc., a purveyor of cannabis products, asked a Delaware bankruptcy judge Wednesday to recognize the company's Canadian insolvency in U.S. courts as it seeks to sell operations it is running in the U.S.

  • March 24, 2026

    Ch. 11 Cases Follow Auto Loan Fraud Claims From Stellantis

    Two new Chapter 11 cases have come on the heels of a lawsuit brought by a Stellantis unit, which alleged the debtors committed auto lending fraud by double-pledging collateral and keeping a fake set of books intended to dupe the lender into providing more financing.

  • March 24, 2026

    Judge Pushes Fight Over Gov't Contractor's Ch. 7 To July

    A Delaware bankruptcy judge on Tuesday delayed a fight over the conversion of government contractor Team Systems International's bankruptcy case until July so it can be heard alongside a fraudulent transfer trial, saying he didn't want to consider the conversion issue over multiple hearings.

  • March 24, 2026

    Catching Up With New Bankruptcy Case Action

    The maker of spandex is looking to swap its debt for equity in Chapter 11, a longtime book distributor plans to finish winding down operations while its bankruptcy keeps an automatic stay on litigation, and a microbiome treatment developer wants to sell its assets in bankruptcy.

  • March 24, 2026

    Justices Weigh Change To Estoppel Rule Used In Ch. 13 Case

    The U.S. Supreme Court heard arguments Tuesday over whether the Fifth Circuit erred in letting judicial estoppel bar a Chapter 13 debtor from pursuing tort litigation after failing to disclose the claim to a bankruptcy court, weighing whether to apply a holistic test to determine if the debtor's mistake was inadvertent.

  • March 24, 2026

    4th Circ. Affirms False Ads Verdict Against Chinese Pool Co.

    The Fourth Circuit on Tuesday affirmed a jury verdict finding a Chinese pool parts company liable for falsely advertising its products as made in the USA as part of a larger judgment favoring a North Carolina manufacturer that has since ballooned to over $17 million.

  • March 24, 2026

    Caribbean Resort Seeks OK For Ch. 11 Global Settlement

    A bankrupt resort residence complex on the Caribbean island and British Overseas Territory of Anguilla asked a Delaware judge to approve a settlement with various parties including a family who alleged their child was attacked by a facility employee.

  • March 23, 2026

    4th Circ. Finds Mortgage Docs Didn't Violate Bankruptcy Stay

    The Fourth Circuit has declined to revive a debtor's lawsuit claiming his mortgage servicers violated bankruptcy protections, finding that none of the monthly account statements, payoff statements and tax statements the servicers sent him were related to debt collection. 

  • March 23, 2026

    NY Hotel That Housed Asylum-Seekers Hits Ch. 11

    A hotel north of New York City that had agreed to provide long-term shelter for asylum-seekers, and was subsequently sued by a municipality for doing so, has filed for Chapter 11 protection, listing between $1 million and $10 million worth of assets and liabilities.

  • March 23, 2026

    Ch. 11 Venue Shopping Still A Thorn In LoPucki's Side

    Lynn LoPucki, a professor at the University of Florida's Levin College of Law, is back. The long-time bankruptcy gadfly stopped work on his public Bankruptcy Research Database of large corporate Chapter 11s in 2022. In the intervening years, his appearances in the pages of the mainstream business press, where he had regularly denounced forum shopping, waned.

  • March 23, 2026

    Whiskey Co. Appeals Receiver Win On Ch. 11 Dismissal

    Controversy over whiskey company Uncle Nearest Inc.'s Chapter 11 continued Friday, as the debtor's counsel from the case appealed a judge's ruling that dismissed the bankruptcy as filed without legitimate authority.

  • March 23, 2026

    Bahamian Law Can't Shield Trusts In $28M Tax Suit, DOJ Says

    A Floridian facing a $28 million tax bill cannot invoke Bahamian law to avoid repatriating funds held in two Bahamian trusts, the U.S. government told a federal court, contending he is "cherry-picking" which jurisdiction's law applies in different situations.

  • March 23, 2026

    Multi-Color Stays In NJ; Jackson Walker Can Do Fee Deals

    Label maker Multi-Color's Chapter 11 case will stay in New Jersey, Spandex maker Lycra hit Chapter 11 in Texas, and Jackson Walker can pay clients demanding refunds over a relationship between a former firm attorney and a bankruptcy judge. This is the week in bankruptcy.

  • March 23, 2026

    3rd Circ. Sides With Nuclear Plant Co. In Union Benefits Fight

    The Third Circuit on Monday sided with a nuclear power company in a dispute with an electrical workers union over contributions to employee healthcare premiums, holding that the union couldn't force issues out of court because their disagreement was outside the scope of the collective bargaining agreement's arbitration provision.

  • March 23, 2026

    NC Justices Split On Wage Act Elements In Earth Fare Appeal

    North Carolina's highest court has upheld a six-figure unjust enrichment verdict favoring the founder of the organic supermarket chain Earth Fare in a split decision that set off a debate among the justices about what is required to prove a state Wage and Hour Act claim.

  • March 23, 2026

    Fecal Treatment Co. Files Ch. 11 To Escape Lease, Sell IP

    A company that develops treatments to improve the health of the body's microbiome sought Chapter 11 protection, saying it had never generated a positive cash flow and faces unresolved litigation and a burdensome lease.

  • March 20, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Delaware bankruptcy judge will consider US Magnesium's bid for postpetition financing, Genesis Healthcare will go before a Texas judge seeking the all-clear to institute an executive bonus scheme, and another Texas judge will weigh a move to reopen satellite company Speedcast International Ltd.'s Chapter 11.

  • March 20, 2026

    Rising Defaults, Withdrawal Requests Test Private Credit

    With the hike in private credit defaults last year, the surge in private credit fund withdrawal requests in recent weeks, and the more than 50% drop in shares of some private credit firms like Blue Owl Capital, new questions are being raised about the viability of these funds. 

  • March 20, 2026

    Up Next At High Court: Late Ballots And 'Last-Mile' Drivers

    The U.S. Supreme Court will kick off its March oral arguments session by reviewing disputes over the validity of state laws allowing late-arriving mail-in ballots to be counted in federal elections and whether "last-mile" delivery drivers qualify for the transportation worker exemption to the Federal Arbitration Act. 

  • March 20, 2026

    Stoli Trustee Gets OK To Hand Off Some Claims In Ch. 11

    A Texas bankruptcy judge on Friday approved requests by the Chapter 11 trustee for liquor maker Stoli Group USA LLC for permission to transfer some estate claims to a different trust, overruling an objection by the U.S. Trustee's Office.

  • March 20, 2026

    TGI Fridays OK'd To Seek Votes On Post-Sale Liquidation Plan

    The bankruptcy estate of casual dining chain TGI Fridays can seek votes on its Chapter 11 liquidation plan, a Texas bankruptcy judge said Friday, setting up a confirmation hearing for May 1.

  • March 20, 2026

    Echo Payment Systems Files Ch. 7 Bankruptcy In Delaware

    Echo Payment Systems Inc. has filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, seeking to liquidate its assets and wind down operations, and the company will not attempt to reorganize but instead pursue an orderly liquidation under court supervision.

  • March 20, 2026

    5th Circ. Backs Instant Brands Chapter 11 Plan Contract Ruling

    The Fifth Circuit has upheld a Texas bankruptcy judge's ruling on Instant Brands' Chapter 11 plan, finding he correctly held the reorganized appliance group could retain indemnification rights from past orders while assigning a manufacturer's supply contract.

Expert Analysis

  • Firms Still Have Lateral Market Advantage, But Risks Persist

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    Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.

  • We Must Allow Judges To Use Their Independent Judgment

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    As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.

  • Performing Stand-Up Comedy Makes Me A Better Lawyer

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    Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.

  • 3 Del. Bankruptcy Cases Highlight US Trustee Objections

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    As three recent Delaware bankruptcy cases show, debtors who seek approval of a stalking horse bid protections agreement should be prepared for the U.S. Trustee Office's objections, including if the proposed classification for the bid protections is a superpriority administrative expense claim, says Kyle Arendsen at Squire Patton.

  • Adapting To Private Practice: From SEC To BigLaw

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    As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.

  • 4 Ways Women Attorneys Can Build A Legal Legacy

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    This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.

  • A Judge's Pointers For Adding Spice To Dry Legal Writing

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    U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.

  • Lessons Learned From SAS' Flight Through Chapter 11

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    Scandinavia's SAS is the first European airline to find its wings through the U.S. Chapter 11 process since COVID-19 rocked the aviation industry — and while the process involved some familiar steps, certain complex jurisdictional issues and non-U.S. stakeholders required the carrier to venture into uncharted airspace, says Emily Hong at Norton Rose.

  • Bankruptcy Ruling Provides Guidance On 363 Asset Sales

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    HE v. Avadim Holdings, a recent ruling from the District of Delaware, underscores the principle that rejection of executory contracts does not unwind completed transfers of property and the importance of clear and precise language in sale orders and asset purchase agreements in bankruptcy cases, say attorneys at Eversheds Sutherland.

  • 7 Tips For Associates To Thrive In Hybrid Work Environments

    Excerpt from Practical Guidance
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    As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.

  • Playing Beach Volleyball Makes Me A Better Lawyer

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    My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.

  • Terraform Case May Be Bellwether For Crypto Enforcement

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    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.

  • How Law Firms Can Counteract The Loneliness Epidemic

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    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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