Mid Cap

  • August 07, 2026

    Camp Mystic Seeks Stay For Suits Against Owners In Ch. 11

    Texas summer camp operator Camp Mystic LLC is seeking to extend its Chapter 11 protection to managers and directors of the camp at the time of deadly floods in 2025, contending the charges against the individuals are inextricably tied to those against the debtor.

  • August 07, 2026

    Lender Asks To Block NYC Development's Counsel Bid

    A lender to a bankrupt 900-unit housing development in New York City has urged a bankruptcy judge to deny the debtor permission to hire Goldberg Weprin Finkel Goldstein LLP, saying the firm's retainer was paid by the company slated to take control of the property.

  • August 07, 2026

    Real Estate Co. Gets Cash Use OK Amid $119M Credit Bid

    A Lurin real estate entity secured a Texas bankruptcy court's permission Friday to use cash collateral from a lender that is planning to make a $118.6 million stalking horse credit bid on a St. Petersburg, Florida, property.

  • August 06, 2026

    KPMG Must Face Beefed Up Investor Suit Over SVB Failure

    A California federal judge allowed Norway's central bank and a Swedish public pension fund to lodge an additional claim against KPMG in their proposed securities fraud class action over Silicon Valley Bank's 2023 failure, saying they sufficiently alleged KPMG ignored red flags as SVB's auditor.

  • August 06, 2026

    Survivors Sue Vermont Catholic Parishes For $405M In Assets

    The official committee of unsecured creditors for the Roman Catholic Diocese of Burlington, Vermont, has brought a lawsuit against the diocese and the parishes and schools that fall under its authority, arguing the institutions' trusts can, and should, be used to compensate survivors of sexual abuse and alleging the trusts hold around $405 million of estate assets.

  • August 06, 2026

    2nd Circ. Says Pillsbury Must Surrender $3.6M Retainer

    Pillsbury Winthrop Shaw Pittman LLP was ordered on Thursday to hand over a $3.6 million retainer it was paid to defend a client against criminal and civil fraud charges, with the Second Circuit upholding a ruling that the funds were part of an asset freeze order issued in a U.S. Securities and Exchange Commission case.

  • August 06, 2026

    Meet The Attys In Spanish Co. Tubos Reunidos' Ch. 15

    Steel tube maker Tubos Reunidos has asked a Texas bankruptcy judge to recognize its Spanish insolvency case as it eyes a potential sale that would include U.S.-based assets. Guiding it through Chapter 15 are a team of BakerHostetler bankruptcy lawyers.

  • August 06, 2026

    Litigation Firm MMA Confirms Chapter 11 Liquidation Plan

    A Texas bankruptcy judge approved MMA Law Firm PLLC's Chapter 11 plan to shut down and liquidate more than two years after the embattled litigation and mass tort firm sought bankruptcy protection.

  • August 06, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Unsecured creditors in Dish Network's Chapter 11 case have challenged the company's restructuring plans for six Dish Wireless debtors, while the Madoff estate reached a $25 million settlement with Banco Itaú and Steward Health's litigation trust settled with former owner Cerberus Capital Management.

  • August 06, 2026

    No Simpson Thacher Malpractice In PIPE Case, Jury Finds

    Simpson Thacher & Bartlett LLP escaped a malpractice lawsuit late Thursday over its representation of Patriot National Inc. in a private investment in public equity transaction in the years before the company's downfall.

  • August 06, 2026

    Lender YSA Kicks Off Ch. 11 Case With Sale, DIP Plans

    A Delaware bankruptcy judge said Thursday that Chapter 11 cases launched by lending firm YSA Investments 1 and a slew of related companies should probably be brought together in a single court, after counsel for YSA outlined the debtor's goals for the case during a status conference.

  • August 06, 2026

    Camp Mystic Accused Of 'Forum Shopping' With Flooding Suit

    The parents of a child swept away by floodwaters at Camp Mystic last year are asking a Texas federal court to send their wrongful death suit against it back to state court, saying the camp is "forum shopping" and attempting to "restart" the litigation.

  • August 06, 2026

    Hormone Therapy Co. Gets 2-Member Creditors Committee

    The Office of the U.S. Trustee on Thursday appointed two members to the official committee of unsecured creditors in the Chapter 11 case of hormone therapy company SynergenX.

  • August 06, 2026

    SiFi Networks Gets OK For $5.85M Sale To Stalking Horse

    A Delaware bankruptcy judge on Thursday approved an asset sale by the privately owned telecommunications company SiFi Networks America LLC to its stalking horse bidder ArcLink Fiber LLC.

  • August 05, 2026

    Bang Energy's Ex-CEO Gets Loan Approval To Fund Defense

    A Florida bankruptcy judge approved a loan Wednesday for a company managed by Bang Energy founder Jack Owoc to allow him to fund his defense in litigation filed by the trustee overseeing the energy drinks manufacturer's bankrupt estate.

  • August 05, 2026

    Ariz. Fire District Can Tap $400K In County Funds In Ch. 11

    An Arizona bankruptcy judge Wednesday allowed the insolvent Puerco Valley Fire District to access $400,000 of interim funding from its home county of Apache County, overruling opposition from the municipality.

  • August 05, 2026

    Senate Bill Aims To Expand Small Biz Ch. 11 At Critical Time

    The U.S. Senate this week passed a bill to restore, permanently, a Subchapter V debt eligibility threshold raised during the pandemic, which bankruptcy practitioners say would open up the streamlined Chapter 11 process to more small and medium-sized businesses at an economically critical time.

  • August 05, 2026

    Judge Rejects Competing Baltimore Diocese Ch. 11 Plans

    A Maryland bankruptcy judge has denied approval of disclosure statements filed by the Archdiocese of Baltimore and a committee of abuse claimants in the church's Chapter 11 case, finding both reorganization proposals were "patently unconfirmable" under the Bankruptcy Code. 

  • August 05, 2026

    Bath Product-Maker Vi-Jon Gets Interim Cash Use OK In Ch.11

    A Delaware bankruptcy judge on Wednesday granted private-label dry bath product-maker Vi-Jon LLC a range of first-day motions, including a cash management request, allowing the company to continue operating during its Chapter 11 case.

  • August 05, 2026

    Simpson Thacher Witness Takes Aim At PIPE Stocks Claim

    Simpson Thacher & Bartlett LLP wrapped up its defense Wednesday to a Florida state malpractice suit from the founder of Patriot National Inc. over the firm's handling of a private investment in public equity transaction, with a stock market expert testifying that short selling stock allowed under the deal didn't lead to the insurance services company's downfall.

  • August 05, 2026

    NY Judge Chucks Voyager's Ch. 11 Plan Exculpations

    A New York federal judge threw out an exculpatory provision in former cryptocurrency exchange Voyager's Chapter 11, saying that while the language wasn't precluded by a U.S. Supreme Court case, it was nonetheless invalid.

  • August 05, 2026

    Harvest Sherwood Wins Ch. 11 Plan Approval

    Defunct food distributor Harvest Sherwood received confirmation of its Chapter 11 plan at a hearing on Wednesday after a Texas bankruptcy judge overruled a remaining objection from the U.S. Trustee's Office.

  • August 04, 2026

    Catching Up With New Bankruptcy Case Action

    Two companies facing significant asbestos-related liabilities headed to bankruptcy court with roadmaps for a resolution. A steel tube maker sought Chapter 15 protection following what it described as a year of tariff-related woes. And Arizona's largest fire district, which has stopped responding to emergency calls, filed for Chapter 9 relief after its local government withheld funding.

  • August 04, 2026

    Real Estate Co. Floats December Ch. 11 Auction Of Fla. Apts.

    Property investment group Lurin LLC has asked a Texas bankruptcy judge to approve bidding procedures for a St. Petersburg, Florida-based apartment complex, with a lender's $118.6 million credit bid setting the auction floor.

  • August 04, 2026

    Ex-Dolphin Co. CEO Loses Bid To Derail Ch. 11 In Del.

    A Delaware bankruptcy judge rejected a motion to dismiss the Chapter 11 case of an affiliate of dolphin park owner Leisure Investments, finding that the former CEO was wrong to argue that a Mexican court had restored his authority.

Expert Analysis

  • Studying Foreign Languages Makes Me A Better Lawyer

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    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

  • NY Times Word Puzzles Make Me A Better Lawyer

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    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

  • Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • Ch. 11 Ruling Raises Bar For Avoiding Default Interest

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    Following a New York bankruptcy court's recent decision in 33 Mako, solvent debtors may find it significantly harder to avoid paying contractual default interest to oversecured lenders under Section 506(b) of the Bankruptcy Code, say attorneys at Benesch.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • How Del. Courts Will Likely Evaluate AI Oversight Claims

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    While no Delaware court has thus far adjudicated a claim based on alleged board failures to oversee artificial intelligence risk, recent Court of Chancery decisions suggest that familiar Caremark principles will be applied in predictable but consequential ways, particularly when AI touches mission‑critical operations, say attorneys at WilmerHale.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • GCs Can Read Debt Cycles To Spot Risk, Opportunity

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    With the conflict in Iran among many other factors that are further unsettling the geopolitical and economic environment, general counsel who understand credit risk and the debt cycle can offer a significant competitive advantage to help companies mitigate enterprise risk, says Samuel Keltner at Akin.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Judge-Led Bankruptcy Mediation Can Be The Best Option

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    Despite industry scrutiny of U.S. Bankruptcy Judge Michael Kaplan's recent decision to mediate the Multi-Color Chapter 11 case over which he was presiding, there is no single federal decision holding flatly against this, and, in the right circumstances, it may even be the best option, says Kenneth Rosen at Ken Rosen Advisors.

  • Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

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