Mid Cap

  • June 30, 2026

    Camp Mystic Gets Initial OK To Pay Worker Wages In Ch. 11

    A Texas bankruptcy judge on Tuesday gave Camp Mystic permission to pay employee wages but declined to approve a $2,000 stipend for the president of one of the camp's affiliates, about a week after the summer camp operator entered Chapter 11 facing wrongful death claims from the families of campers who died in last year's Central Texas floods.

  • June 29, 2026

    SF Archdiocese Reaches $395M Settlement Of Abuse Claims

    The Archdiocese of San Francisco and survivors of clergy sexual abuse have reached a $395 million settlement in principle that would resolve more than 500 lawsuits facing the bankrupt organization, the archdiocese said Monday.

  • June 29, 2026

    $100M RICO Suit Is 'Classic' Sanctionable Activity, Attys Say

    A California business owner pursuing racketeering claims against his former business partner and a handful of lawyers and business entities should be sanctioned for bringing a frivolous suit with no standing and no legal basis, several of the defendants have told a San Diego federal judge.

  • June 29, 2026

    Linqto Seeks OK To Sell $130M In Shares From Recovery Fund

    Bankrupt investing platform Linqto has told a Texas bankruptcy judge its Ripple Labs equity holdings are too valuable and asked to be allowed to sell $130 million of the blockchain company's stocks to conform to the terms of its Chapter 11 plan.

  • June 29, 2026

    Ascend Elements Gets OK On Ch. 11 Sale, Minor Asset Rules

    A Texas bankruptcy judge on Monday gave the all-clear for battery recycler Ascend Elements to close a sale of assets in Georgia as well as rules for selling off minor remaining items.

  • June 29, 2026

    IT Co. Sysorex Seeks Loan To Finish 3 Federal Contracts

    Sysorex Government Services on Monday told a New York bankruptcy judge that it will be seeking permission to borrow up to $6 million a year after getting approval to sell all its assets, saying it still finds itself responsible for a trio of federal technology contracts.

  • June 29, 2026

    Meet The Team Guiding Hallmark Financial Through Ch. 11

    A team of Gray Reed & McGraw LLP attorneys is guiding insurance underwriter Hallmark Financial Services through a Chapter 11 case in Texas, as it hopes to get a prepackaged plan confirmed by the end of August.

  • June 29, 2026

    Sorrento Case Stopped, Spanish Broadcasting Plan OK'd

    A New York bankruptcy judge granted Chapter 15 recognition of New Fortress Energy affiliates' English restructuring plan, and dozens of U.S. summer camps gained permission to launch a sale process. Meanwhile, Spanish Broadcasting secured confirmation of its Chapter 11 plan, while a Texas bankruptcy judge blocked racketeering claims against Sorrento Therapeutics.

  • June 29, 2026

    Paul Weiss Taps Hilco Global VP To Co-Lead Bankruptcy Team

    A vice chair of financial services holding company Hilco Global has joined Paul Weiss Rifkind Wharton & Garrison LLP to co-head the restructuring and debt capital solutions practice, the firm has announced.

  • June 29, 2026

    Asthma Drug Developer To Wind Down In Chancery Court

    A subsidiary of Rock Creek Advisors LLC created to administer the liquidation of an asthma drug developer to pay creditors notified Delaware's chancery court that the company turned to a wind-down after clinical trials came to a halt.

  • June 29, 2026

    King & Spalding Adds Another Proskauer Funds Co-Head

    King & Spalding LLP has hired another former practice leader from Proskauer Rose LLP amid its ongoing efforts to build out its fund finance capabilities, the firm announced Monday.

  • June 26, 2026

    PACER Fees Will Rise To Fund Cyber Defense Upgrades

    The federal judiciary announced Friday it will temporarily increase the fees for electronic access to court records to pay for a potential $800 million upgrade that will modernize and strengthen court records systems PACER and CM/ECF, an upgrade it previously said is needed to respond to escalating cyberattacks.

  • June 26, 2026

    Summer Camps Get OK For Speedy Sale, Ch. 11 Funding

    Dozens of U.S. summer camps can race toward a sale after their bankrupt owner SIMAD Holdings won approval on Friday to solicit bids by July 17, over the strenuous objection of the largest unsecured creditor in the chaotic Chapter 11 case.

  • June 26, 2026

    Meet The Attys In Camp Mystic's Ch. 11

    Texas boutique firm Vartabedian Katz Hester & Haynes is serving as debtor's counsel for summer camp operator Camp Mystic LLC, which has filed for Chapter 11 protection almost a year after extreme floods killed 28 people at the camp.

  • June 26, 2026

    Trustee Says Colombian Lender's Shareholders Took Millions

    The Chapter 7 trustee for Colombian consumer lender Credivalores-Crediservicios is accusing its U.S. shareholders of transferring tens of millions of dollars in cash and loan portfolios just before and after its New York bankruptcy filing.

  • June 26, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A battery recycler will seek a Texas bankruptcy court's permission to sell residual assets. A bankruptcy judge in Delaware is slated to issue a bench ruling in bankrupt cryptocurrency company Terraform Labs' Chapter 11 case. And a New York bankruptcy court will consider the Sleep Number mattress maker's bidding procedures motion.

  • June 26, 2026

    Judge Stays Jackson Walker RICO Suit Over Sorrento Ch. 11

    A California federal judge has paused Sorrento Therapeutics shareholders' litigation after a Texas bankruptcy court ruled they lacked standing to pursue racketeering claims over a former Jackson Walker attorney's relationship with the judge who initially oversaw the biotech company's Chapter 11.

  • June 25, 2026

    FDIC Calls For Narrower Resolution Plans, Assessment Cuts

    The Federal Deposit Insurance Corp. on Thursday floated new rules that would significantly scale back its resolution-planning requirements for large banks and slash the banking industry's annual deposit insurance assessment bill by $4 billion, or roughly a third.

  • June 25, 2026

    PROMESA Turns 10: Puerto Rico's New Start, Unclear Future

    As the 10th anniversary of a law meant to restructure Puerto Rico’s more than $70 billion in government debt approaches, experts say it remains to be seen if reform efforts stick — and what the long-term economic situation for the island will be.

  • June 25, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A lender to a New York City loft owner sought to take possession of the building after a planned credit bid sale never took place. The examiner in First Brands' Chapter 11 case will not receive any extra funding. And the liquidation trust for a debtor that conducted a Ponzi scheme wants to recover funds from three beneficiaries of what it says were ill-gotten gains.

  • June 25, 2026

    SIMAD Seeks OK For $180M Financing In Chapter 11 Cases

    SIMAD Holdings Ltd., the bankrupt owner of 30 U.S. summer camps and other real estate, says that it has secured up to $180 million of debtor-in-possession financing from its prepetition bondholders, as it seeks to fund its operations and bankruptcy cases while working toward a late-July auction for its assets.

  • June 25, 2026

    Goldman Sachs Seeking Review Of 4th Circ. Arbitration Denial

    Goldman Sachs wants the U.S. Supreme Court to take another look at a Fourth Circuit ruling shutting down the bank's attempt to arbitrate disputes over alleged automatic stay violations with a pair of debtors who had previously declared bankruptcy, pointing to an alleged circuit split.

  • June 25, 2026

    Heritage Coal Ch. 11 Buyer Says It's Owed Refund Now

    Entities tied to the former owners of liquidating coal company Heritage Coal told a Delaware bankruptcy judge it is owed a $335,000 refund for equipment it purchased out of the company's Chapter 11 case several months ago but has not yet received, and that the refund should be paid immediately.

  • June 25, 2026

    McCarter & English Adds Enviro Partner Trio In Indianapolis

    New Jersey-based McCarter & English LLP expanded its Indianapolis office with a team of three partners from Ice Miller LLP specializing in complex environmental contamination issues, including brownfield redevelopment, the firm announced Thursday.

  • June 25, 2026

    Spanish Broadcasting Gets Green Light For Ch. 11 Plan

    A Delaware bankruptcy judge said Thursday he will confirm Spanish-language radio station operator Spanish Broadcasting System's Chapter 11 plan once he gets the final draft of its plan documents, largely overruling an outstanding objection.

Expert Analysis

  • 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.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • Getting The Most Out Of Learning And Development Programs

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    Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.

  • AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • 8 Tariff Refund Questions For Restructuring Professionals

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    For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act raises several questions about how to capture legitimate recoveries while protecting an enterprise from the consequences of its own history, says Jonny Frank and Laura Greenman at StoneTurn, and Andrew Popescu at Province.

  • Using Liability Forecasts In Financial Reports Vs. Bankruptcy

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    Understanding the differences of scope, time frame and stakes between liability forecasts drawn up for financial reports versus those used in bankruptcy litigation is crucial for attorneys seeking to leverage economic analysis to ask the right questions, and strengthen their compliance and courtroom strategies, says Jorge Gallardo-García at Bates White.

  • When 'Qualified Transferees' Can Chill UCC Foreclosures

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    A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

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    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

  • How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs

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    In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.

  • Law School's Missed Lessons: The Human Element

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    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • Time Limit Case Highlights How Justices Apply Federal Rules

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    In Coney Island Auto Parts Unlimited v. Burton, the U.S. Supreme Court sided with the minority in a circuit split on when a litigant can seek relief from an allegedly void judgment — but the decision's most important lessons may be about the high court's interpretive approach to the Federal Rules of Civil Procedure, say attorneys at McDermott.

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