Mid Cap

  • March 16, 2026

    SoHo Building In NYC Hits Ch. 11, Owing $30M

    The owner of a mixed-use building in Manhattan's SoHo neighborhood has filed for Chapter 11 bankruptcy with more than $30.6 million in liabilities, according to a petition filed in New York bankruptcy court.

  • March 16, 2026

    Judges OK Eletson Arrests, $533M Spirit Base Bid

    A New York bankruptcy judge approved arrests in Eletson Holdings' Chapter 11 case, another said Spirit Airlines can auction 20 aircraft with a $533 million stalking horse bid, and a judge in California ordered parties to go forward with competing plans in the Oakland diocese's insolvency proceeding.

  • March 16, 2026

    Ill. Racetrack Hawthorne Gets 3-Member Creditors Committee

    The U.S. Trustee's Office has appointed an official unsecured creditors committee in a Chicago-area horse track's Chapter 11 case, selecting three horse racing industry creditors.

  • March 16, 2026

    Crypto Selloff Sends Trading Platform BlockFills To Ch. 11

    Cryptocurrency company BlockFills has filed for Chapter 11 protection in Delaware bankruptcy court with up to $500 million in debt weeks after pausing customer withdrawals amid a selloff in crypto markets.

  • March 13, 2026

    Pa. City Receiver Challenges Law That Halted Ch. 9 Utility Sale

    A state law that stripped a Pennsylvania city of its ability to appoint all the members of its water authority's board was unconstitutional, the bankrupt city of Chester said in a Pennsylvania Commonwealth Court petition Friday, challenging a law that derailed its Chapter 9 plans to sell the local agency's assets.

  • March 13, 2026

    Meet The Attys Guiding El Paso Diocese Through Ch. 11

    A team of Husch Blackwell LLP attorneys will be guiding the Catholic Diocese of El Paso through Chapter 11 as it seeks a central forum to handle 12 pending sexual abuse lawsuits from 18 plaintiffs involving allegations from 1956 to 1982.

  • March 13, 2026

    What's Happening In Bankruptcy Court This Coming Week

    In the week ahead, bankruptcy courts will consider issues including the Chapter 11 financing of senior-living provider Inspired Healthcare and label maker Multi-Color, multiple fee dispute settlements with Jackson Walker, and whether Fat Brands' CEO should be suspended.

  • March 13, 2026

    Competing Plans To Move Forward In Oakland Diocese Ch. 11

    A California bankruptcy judge said Friday that he wants competing Chapter 11 plans to proceed in parallel in the case of the Roman Catholic Diocese of Oakland, telling the debtor and the creditors committee that there are flaws in each proposal.

  • March 13, 2026

    Philly Music Venue Hits Ch. 11 With Tax Liens, Lawsuits

    World Cafe Live, a nonprofit live performance venue in Philadelphia, got a Pennsylvania bankruptcy judge's permission Friday to fund its Chapter 11 proceeding for two weeks after it filed for bankruptcy protection due to a looming closure for unpaid taxes.

  • March 13, 2026

    Chicago Hotel Operator Secures Interim Cash For Ch. 11

    The owner of two Chicago hotels can access its senior lender's cash collateral to fund its Chapter 11 case, a Delaware bankruptcy judge said Friday, while a decision on BY Hotel SPE-3 LLC's proposed $1 million debtor-in-possession financing package from an insider was pushed back.

  • March 12, 2026

    Meet The Attys Guiding Chemical Co. Viridis' 'Free-Fall' Ch. 11

    Renewable-chemicals maker Viridis filed for bankruptcy protections earlier this week, seeking a breathing spell after hitting bumps relocating a manufacturing plant. Guiding it in Chapter 11 are a team of Vinson & Elkins LLP attorneys.

  • March 12, 2026

    Track & Field League Gets OK For Vote On Reorg Plan

    A Delaware judge Thursday gave an Olympic medalist-founded startup track-and-field league permission to send its equity-swap Chapter 11 reorganization plan out for a creditor vote, overruling claims the plan is too unfair to creditors to be approved.

  • March 12, 2026

    Office Snapshot: Esbrook Scales Up For Delaware Growth

    More than a year after launching an office in Delaware, boutique litigation firm Esbrook PC is moving into a bigger, updated space with room to expand its roster of attorneys in the First State, firm leaders told Law360 Pulse.

  • March 12, 2026

    More Evidence Sought In Hudson Hotel Ch. 11 Lease Dispute

    A Delaware bankruptcy judge said Thursday she needed additional evidence from two entities tied to the former Hudson Hotel about their intention for the property, declining to decide whether the parties face a tighter deadline to assume or reject their lease for the property.

  • March 12, 2026

    Skadden Welcomes Finance Duo From Paul Hastings

    Skadden Arps Slate Meagher & Flom LLP announced on Thursday that it has added two attorneys who have experience with complex debt financing transactions from Paul Hastings LLP, with Skadden calling the hires a boost to the firm's private credit and restructuring capabilities.

  • March 11, 2026

    Colo. Theme Park Can Appeal $116M Verdict While In Ch. 11

    A Delaware bankruptcy judge Wednesday allowed the owner of Colorado's Glenwood Caverns Adventure Park to appeal in state court a $116 million wrongful death judgment that sent the company into Chapter 11.

  • March 11, 2026

    Stoli Lender Blasts Committee Bid To Nix Ch. 11 Trustees

    Fifth Third Bank, a secured lender to bankrupt liquor maker Stoli Group USA LLC, has opposed the official committee of unsecured creditors' request to seek new Chapter 11 trustees.

  • March 11, 2026

    White & Case Blasts Bid To Quit CBRM Ch. 11

    The troubled tale of New Jersey-based apartment building owner CBRM Realty Inc. has taken another turn as White & Case LLP objected to a move by the debtor's wind-down officer to resign.

  • March 11, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A valve manufacturer proposed a Chapter 11 plan to address asbestos claims, Saks Fifth Avenue announced more store closures, and new bankruptcies were launched, including a case centered on a tile distributor and another on an office building.

  • March 11, 2026

    Flight Sim Co. Reaches Global Ch. 11 Deal With Creditors

    Avenger Flight Group, an insolvent flight training provider, told a Delaware bankruptcy judge Wednesday it has reached a global settlement with creditors that will allow the debtor to complete an asset sale, secure the full amount of its bankruptcy financing and file a Chapter 11 plan of liquidation.

  • March 11, 2026

    Crystallex Special Master Gets OK On $15.3M Atty Fee Bid

    A Delaware federal judge has overruled jilted Citgo bidder Gold Reserve's objection to a special master's bid for $15.3 million in attorney fees, rejecting its argument that the request was unreasonable in defunct mining company Crystallex's massive case against Venezuela.

  • March 11, 2026

    El Paso Diocese Files Ch. 11 Amid Abuse Litigation

    The Catholic Diocese of El Paso filed for Chapter 11 relief in Texas as it faces 12 pending sexual abuse lawsuits from 18 plaintiffs involving allegations from 1956 to 1982.

  • March 10, 2026

    Meet The Attorneys Guiding IPic Theaters Through Ch. 11

    Dine-in movie theater chain iPic filed for Chapter 11 protection Feb. 25 in Southern Florida, electing to proceed under the Subchapter V designation reserved for small-business debtors whose liabilities are under a threshold of about $3 million. The company has enlisted Burr & Forman LLP as bankruptcy counsel.

  • March 10, 2026

    Pa. Developer Hits Ch. 11 With Up To $10M In Liabilities

    Southdown Properties Inc., a Pennsylvania developer, has filed for Chapter 11 protections with between $1 million and $10 million in estimated liabilities and assets.

  • March 10, 2026

    Vegan Eatery Chain's Ch. 11 Converted To Liquidation

    A Delaware bankruptcy judge has ordered the Chapter 11 case of vegan restaurant group Planta to be converted to a Chapter 7 liquidation, after the debtor said it has no other option. 

Expert Analysis

  • Playing Rugby Makes Me A Better Lawyer

    Author Photo

    My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.

  • No, Litigation Funders Are Not 'Fleeing' The District Of Del.

    Author Photo

    A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.

  • 5 E-Discovery Predictions For 2025 And Beyond

    Author Photo

    In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.

  • 7 Ways 2nd Trump Administration May Affect Partner Hiring

    Author Photo

    President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.

  • E-Discovery Quarterly: Rulings On Custodian Selection

    Author Photo

    Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.

  • Exercising On My Peloton Bike Makes Me A Better Lawyer

    Author Photo

    While I originally came to the Peloton bike for exercise, one cycling instructor’s teachings have come to serve as a road map for practicing law thoughtfully and mindfully, which has opened opportunities for growth and change in my career, says Andrea Kirshenbaum at Littler.

  • 3 Factors Affecting Retail M&A Deals In 2025

    Author Photo

    Retailers considering mergers and acquisitions this year face an evolving antitrust environment, including a new administration under President-elect Donald Trump, revised merger guidelines and a precedent set last year by a canceled $8.5 billion handbag merger, say attorneys at DLA Piper.

  • Exploring Venue Strategy For Trump-Era Regulatory Litigation

    Author Photo

    Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.

  • Consultants Should Be Aware Of DOJ's Potential New Reach

    Author Photo

    The U.S. Department of Justice's recent first-of-its-kind settlement with McKinsey & Co. indicates not only the DOJ's more aggressive stance toward businesses' potential criminal wrongdoings, but also the benefits of self-disclosure and cooperation when wrongdoing becomes apparent, says Dom Caamano at Kibler Fowler.

  • Playing Esports Makes Me A Better Lawyer

    Author Photo

    Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.

  • An Associate's Guide To Career Development In 2025

    Author Photo

    As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.

  • Making The Pitch To Grow Your Company's Legal Team

    Author Photo

    In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.

  • Justices May Find Gov't Can Keep Fraudulent Transfer Benefit

    Author Photo

    Based on the justices' questions at the recently argued U.S. v. Miller, the Supreme Court appears prepared to hold that the U.S. — unlike any other creditor — is permitted to retain the benefits of a fraudulent transfer to the detriment of other bankruptcy creditors, says Kevin Morse at Clark Hill.

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