Mid Cap

  • 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.

  • June 24, 2026

    Tricolor's Ex-COO Cops To Fraud Charges Tied To Collapse

    The former chief operating officer of bankrupt subprime auto lender Tricolor Holdings pled guilty Wednesday to charges stemming from what prosecutors have described as a yearslong scheme to defraud the company's lenders and investors.

  • June 24, 2026

    EV Charging Co. Lenders, Ex-CEO Escape Liquidity Woes Suit

    A New York federal judge has trimmed claims and dismissed several defendants from a proposed investor class action against the current and former executives of bankrupt electric-vehicle charging infrastructure company Charge Enterprises Inc., who they allege concealed a liquidity crisis involving the company's founder and his investment advisory firm that allegedly precipitated Charge's bankruptcy.

  • June 24, 2026

    Nursing Home Operator Says Ex-Exec Won't Release Emails

    Private equity firm and nursing home operator Goldner Capital Management has filed suit against a former director, saying he is refusing to relinquish control of email accounts and a chat channel used by top Goldner executives.

  • June 24, 2026

    Gene Therapy Co. Sangamo Gets Initial OK For $30M DIP

    A Delaware bankruptcy judge on Wednesday granted interim approval of a $30 million Chapter 11 financing package for biotechnology company Sangamo Therapeutics Inc., funds that the debtor will use to support a sale process for its assets.

  • June 24, 2026

    Spanish Broadcasting Touts Ch. 11 Debt-Swap Plan

    Spanish-language radio station operator Spanish Broadcasting System is slated for a Chapter 11 plan confirmation hearing on June 25, where it will seek a Delaware bankruptcy judge's all-clear to pursue a debt-swap plan.

  • June 24, 2026

    Stevens & Lee Adds 5-Atty Bankruptcy Team In New Jersey

    Stevens & Lee PC has brought on five Genova Burns LLC lawyers in New Jersey, strengthening the firm's bankruptcy and financial restructuring department.

  • June 24, 2026

    JPM's Construction Debt Grows As Wells Pulls Back By $1.6B

    JPMorgan's construction debt on the books rose in the first quarter while Wells Fargo continued to pare its construction debt holdings during the period, showing contrasting narratives for the nation's two biggest bank holders of construction debt.

  • June 24, 2026

    Mid-Market Staffing Firm Allére Files For Ch. 7 Liquidation

    The Allére Group Professional Corporation, a Pennsylvania-based mid-market staffing firm, has filed for Chapter 7 liquidation in Delaware with $11.6 million in liabilities amid a slate of debt collection lawsuits from unsecured lenders.

  • June 24, 2026

    Camp Mystic Files For Bankruptcy After Deadly Texas Floods

    Camp Mystic filed for Chapter 11 protection in a Texas bankruptcy court Wednesday, almost a year after extreme floods killed 28 people at the summer camp in central Texas.

  • June 23, 2026

    Fla. Judge OKs Ch. 11 Sale Of Popeyes Restaurants For $16M

    A Florida bankruptcy judge on Tuesday approved a Popeyes franchisee's Chapter 11 sale, allowing a roughly $16 million sale of nearly 100 restaurants to five purchasers who secured winning bids at an auction earlier this month.

  • June 23, 2026

    Flight Sim Training Co.'s Ch. 11 Liquidation Plan Approved

    Pilot training company Avenger Flight Group LLC received approval Tuesday from a Delaware bankruptcy judge for its Chapter 11 liquidation plan to create a trust to provide recoveries to unsecured creditors.

  • June 23, 2026

    NYC Loft Owner Reaches Pact With JPMorgan In Ch. 11

    The owner of a Manhattan loft told a New York bankruptcy judge on Tuesday that it had reached a tentative agreement with lender JPMorgan Chase Bank NA that should enable the bank to take possession of the building as part of the debtor's Chapter 11 plan. 

  • June 23, 2026

    Clifford Chance Adds Ex-V&E Debt Finance Atty In Houston

    Clifford Chance LLP announced on Monday the hiring of a former Vinson & Elkins LLP attorney as a finance and derivatives partner in its Houston office.

  • June 23, 2026

    Catching Up With New Bankruptcy Case Action

    Insurance company Hallmark Financial Services filed for Chapter 11 looking to cut nearly $134 million in debt via a sale or equity swap, an investment management firm specializing in medical spas and medical aesthetics providers entered Chapter 11 in Delaware with over $10 million in debt, and a Tex-Mex chain operator began liquidation in the Lone Star State.

  • June 23, 2026

    Gene Therapy Developer Sangamo Hits Ch. 11 With Sale Plans

    Sangamo Therapeutics Inc. filed for bankruptcy protection in Delaware on Tuesday with offers to sell parts of its genetic therapy development programs to Eli Lilly and Co. and Astellas Pharma Inc.

  • June 22, 2026

    IRS, FCC Say Spanish Broadcasting's Ch. 11 Plan Lacking

    The Internal Revenue Service and Federal Communications Commission have objected to the prepackaged Chapter 11 plan of Spanish Broadcasting System, telling a Delaware court that the plan glosses over priority tax claims and mandatory FCC approvals.

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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