Mid Cap

  • May 11, 2026

    DEMAR Gets Bankruptcy Stay Pending Chapter 15 Case

    A Texas bankruptcy judge on Monday agreed to grant a stay to a Mexico-based marine oil rig service company, freezing two pending lawsuits against its U.S. assets until a Chapter 15 recognition hearing next month.

  • May 11, 2026

    Beauty Tech Co. Execs Beat Investor Suit For Good

    A California federal judge Monday tossed a proposed class action accusing beauty technology firm Cutera and its executives of misleading investors about its acne treatment launch and financial results, finding the legal claims against the company were abandoned and discharged under its Chapter 11 plan.

  • May 11, 2026

    Ch. 15 Stay Halts Hearing In Asbestos Corp. Injury Suits

    A New York bankruptcy judge Monday blocked a South Carolina state court evidentiary hearing in two personal injury lawsuits against Asbestos Corp. Ltd., finding the automatic stay of the company's bankruptcy case applies to the state court hearing that had been scheduled for Tuesday.

  • May 11, 2026

    Student Housing Co.'s Ch. 11 Transferred To California

    A Delaware bankruptcy judge said Monday he will send the Chapter 11 case of student housing owner Element Student Living to California because that is where the debtor's sole asset is located, finding there are no compelling reasons to keep the case in Delaware.

  • May 11, 2026

    Ghost Gun Kit Co. JSD Supply Files For Ch. 7 Liquidation

    A Pennsylvania-based gun building kit retailer and a connected gun show operator have filed Chapter 7 papers in Pennsylvania, in the wake of litigation looking to hold the business on the hook for violence committed using so-called ghost guns.

  • May 11, 2026

    Cannabist Ch. 15 Wins Recognition In Pot Industry Test Case

    The Cannabist Co. Holdings Inc. received Chapter 15 recognition from a Delaware bankruptcy judge of its Canadian insolvency proceeding after reserving the rights of a secured creditor who had argued the proceeding would be contrary to U.S. public policy.

  • May 11, 2026

    Lycra Gets Plan OK, Cop Union Can Appeal During Ch. 11

    A one-time Jackson Walker LLP sought to exit a lawsuit asserting she, a former Texas bankruptcy judge and law firms fomented "mass corruption," textile developer Lycra confirmed its restructuring plan, and a police union received approval to modify its Chapter 11 stay to appeal a state court judgment. 

  • May 11, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week handled a varied mix of settlement approvals, political office disputes, transaction fights, emergency injunction bids and questions over how far the court can go to preserve records for litigation outside Delaware.

  • May 11, 2026

    Prison Healthcare Co. YesCare Hits Ch. 11, Citing Lawsuits

    Prison healthcare company YesCare has filed for Chapter 11 protection, citing "extraordinary financial and operational burden imposed by extensive litigation" from incarcerated tort claimants.

  • May 11, 2026

    Underwriting Body Launches Guide For Insurance Co. Failures

    Insurers could face challenges in gathering data under new regulation that will require them to document how they would leave the market in an orderly way, a trade body said Monday.

  • May 08, 2026

    Where Is Infowars? Families Continue Fight For Jones' Assets

    A Texas federal judge on Friday probed whether assets belonging to Infowars operator Free Speech Systems LLC are part of Alex Jones' bankruptcy estate, a finding that could block the families of victims of the Sandy Hook Elementary School shooting from pursuing the assets through state-court collection efforts.

  • May 08, 2026

    NYC Condo Board Says Ch. 11 Filing Can Be Fixed

    A New York City condominium board that's connected to a Midtown Manhattan hotel and a 57-unit condominium building told a New York federal bankruptcy court to not dismiss its Chapter 11 bankruptcy case, arguing that the board was allowed to start the proceedings and it can fix any problems with the petition.

  • May 08, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Saks will seek the all-clear to sell leases, cannabis products purveyor Cannabist will look for Chapter 15 recognition and solar project Tonopah Solar Energy LLC will ask for interim approval of its plan and disclosure.

  • May 08, 2026

    Carbon Health Gets $11M DIP Hike As Mediation Continues

    A Texas bankruptcy judge Friday approved $11 million in additional Chapter 11 financing for urgent care facility operator Carbon Health Technologies as talks continue between parties in the case.

  • May 08, 2026

    Buffalo Diocese Seeks OK For $4.6M HQ Sale

    The Roman Catholic Diocese of Buffalo, New York, has asked for a bankruptcy court's permission to accept a $4.6 million offer for its headquarters, after its stalking horse bidder was outbid.

  • May 08, 2026

    E-Commerce Finance Biz Files Ch. 7 With Over $50M In Debt

    Parker Group Inc., a Valar Ventures-backed digital banking service for online businesses, has filed for Chapter 7 in Delaware bankruptcy court with $50 million to $100 million each in assets and liabilities.

  • May 08, 2026

    Ex-Exec's Severance Fight Against Media Cos. Ends In NJ

    A New Jersey federal judge closed the books on a years-long severance dispute between A360 Media LLC, Bauer Media Group USA LLC and a former executive, after entering a sealed opinion and order terminating the case.

  • May 07, 2026

    Conn. Diocese Settles Abuse Defense Suit Against Travelers

    The bankrupt Norwich Roman Catholic Diocesan Corp. has reached a settlement with its insurer in a Connecticut state court lawsuit alleging the insurer improperly bailed on defense coverage for a sexual abuse case just days before the start of a trial.

  • May 07, 2026

    Vanderbilt Minerals Gets OK For $64M Sale, New DIP Package

    A New York bankruptcy judge Thursday told former talc miner Vanderbilt Minerals it can accept a $64 million bid for its mines and said she will give interim approval for $15 million in new Chapter 11 financing from the buyer.

  • May 07, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A BlockFills creditor wants a Chapter 11 trustee to take over the crypto group's bankruptcy, Saks has asked for more time to accept or reject leases, and the creditors committee for healthcare group Carbon Health Technologies says its latest bankruptcy funding loan is too high.

  • May 07, 2026

    US Magnesium Creditors Can Take Votes On Ch. 11 Plan

    A Delaware bankruptcy judge on Thursday signed off on a request by US Magnesium's unsecured creditors to solicit votes on a Chapter 11 liquidation plan, months after the defunct mineral supplier sold most of its assets to the state of Utah for $30 million.

  • May 07, 2026

    DEMAR Seeks Ch. 15 Protection Amid Pemex Financial Woes

    Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially after Mexico's state-owned oil company Pemex hit its own financial crisis.

  • May 07, 2026

    Prospect Medical Captive Insurer Gets Interim Ch. 15 Relief

    Connecticut Healthcare Insurance Co., a Cayman Islands insurance company indirectly owned by bankrupt hospital chain Prospect Medical Holdings, received provisional relief Thursday for its Cayman wind-up proceedings that involve a $26 million payment to Prospect.

  • May 07, 2026

    US Trustee Objects To Airline's 'Unfair' Plan Process

    The Office of the U.S. Trustee opposed the Chapter 11 disclosure statement of a bankrupt Alaska-based airline, saying it lays out a "fundamentally unfair" process for creditors to object if the debtor tries to throw out their claims.

  • May 06, 2026

    Prospect Medical Captive Insurer Files Ch. 15 In Texas

    Connecticut Healthcare Insurance Company, a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings, has filed a Chapter 15 petition in Texas bankruptcy court seeking recognition of its Cayman winding-up proceedings that involve a $26 million payment to Prospect.

Expert Analysis

  • The Law Firm Merger Diaries: Leadership Strategy After Day 1

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    For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.

  • Law School's Missed Lessons: What Cross-Selling Truly Takes

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    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'

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    Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.

  • If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access

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    With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers that need to retain access to key AI products in the event of vendor’s bankruptcy should consider four elements that could determine whether they may invoke traditional Section 365(n) intellectual property protections, say attorneys at Sidley.

  • When Bankruptcy Collides With Product Recalls

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    The recent bankruptcy filing by Rad Power Bikes on the heels of a U.S. Consumer Product Safety Commission warning about dangerously defective batteries sold by the company highlights how CPSC enforcement clashes with bankruptcy protections, leaving both regulators and consumer litigants with limited options, says Michael Avanesian at Avian Law Group.

  • Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • 2 Rulings Showcase Fuzzy Limits Of 'Related To' Jurisdiction

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    The Fifth and Ninth Circuits recently handed down decisions, in Sanchez Energy and Sawtelle Partners, respectively, reminding practitioners that bankruptcy court jurisdiction over lingering disputes is not guaranteed, regardless of whether confirmation orders contain specific "retention of jurisdiction" language, says Brian Shaw at Cozen O’Connor.

  • Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

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    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • Calif. Banking Brief: All The Notable Legal Updates In Q4

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    The regulatory and litigation developments for California financial institutions in the fourth quarter of 2025 were incremental but consequential, with the Department of Financial Protection & Innovation relying on public enforcement actions to articulate expectations, and lawmakers and privacy regulators playing a role as well, says Stephen Britt at Stinson.

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

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