Mid Cap

  • 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.

  • August 04, 2026

    Summer Camp Owner Can't Find Atty, Mulls Nixing Ch. 11

    One of the brothers behind the insolvent summer camp empire of SIMAD Holdings told the New Jersey bankruptcy court Tuesday his personal Chapter 11 case should be dismissed because he was so deep in debt that creditors stood to receive less than one cent on the dollar even if everything he owned was liquidated.

  • August 04, 2026

    Senate Reenacts Small Business, Consumer Debt Limit Hikes

    The U.S. Senate passed the Bankruptcy Threshold Adjustment Act of 2026 by unanimous consent, taking steps to make permanent the higher debt limits that apply to small business and consumer debtors first implemented during the early days of the COVID-19 pandemic.

  • August 04, 2026

    Simpson Thacher Highlights PIPE Client's Financial Troubles

    The founder of Patriot National Inc. was likely short millions of dollars when it finalized a private investment in public equity transaction at the center of his malpractice case against Simpson Thacher & Bartlett LLP, according to defense testimony on Tuesday at a Florida state trial.

  • August 04, 2026

    Francesca's Can Seek Votes On Ch. 11 Wind-Down Plan

    Women's clothing retailer Francesca's can seek votes on its post-sale Chapter 11 liquidation plan after its disclosure statement didn't draw any objections at a hearing in U.S. Bankruptcy Court in New Jersey on Tuesday. 

  • August 04, 2026

    Meet The Attorneys Guiding Omnis Pleasants In Ch. 11

    A team of attorneys from Young Conaway Stargatt & Taylor LLP and Herbert Smith Freehills Kramer LLP are representing West Virginia coal-fired power plant operator Omnis Pleasants LLC as it seeks to deal with $70 million in funded debt in Chapter 11.

  • August 03, 2026

    9th Circ. Won't Revive Google Rival's Antitrust Suit

    A panel of the Ninth Circuit has refused to reinstate an ad tech company's allegations that Google harmed market competition for digital advertising by removing a now-defunct advertising app from its Play Store.

  • August 03, 2026

    Collateral Fight Delays Texas Trucking Co.'s Ch. 11 Docs

    A dispute over the location of more than 100 trucks and freight trailers delayed conditional approval of the Chapter 11 plan disclosures of Texas trucking firm Balkan Express on Monday, with equipment financier PNC Bank telling a Texas bankruptcy judge it cannot vote on a plan if its collateral is missing.

  • August 03, 2026

    Why Arizona's Largest Fire District Is Pursuing Ch. 9

    The largest fire district in Arizona has shut down emergency services and requested Chapter 9 relief, after a county treasurer began withholding tax revenue to address a $3 million negative balance.

  • August 03, 2026

    Mitchell Gold Workers Drop Suit After Bankruptcy Deal

    A former employee of high-end North Carolina furniture company Mitchell Gold + Bob Williams has told a federal judge she was ending her lawsuit alleging the employer failed to give adequate notice of layoffs to hundreds of workers.

  • August 03, 2026

    Uniroyal Gets Approval For Retiree Committee In Ch.11

    A New Jersey bankruptcy judge Monday granted a motion from a legacy unit of defunct tire maker Uniroyal for the creation of a committee of retired employees in its Chapter 11 case to address 35,000 asbestos injury claims and transition administration of ongoing retiree benefit programs.

  • August 03, 2026

    Jackson Walker, Trustee Agree On $15M Romance Settlement

    Jackson Walker LLP has agreed to pay $15 million and reform its conflicts and disclosure practices to resolve claims brought by the regional U.S. trustee regarding bankruptcy fees approved by a bankruptcy judge who was at the time concealing a relationship with a Jackson Walker partner.

  • August 03, 2026

    Simpson Thacher's PIPE Work Was 'Dogged,' Jury Told

    Simpson Thacher & Bartlett LLP did all it could to help Patriot National Inc. and the company's owner and warn them about risks as they pursued a financing deal, a former capital markets attorney told a Florida state jury Monday in the insurance services company's malpractice case against the firm.

  • August 03, 2026

    J&J Settles Talc Claims, Fat Brands Confirms Plan

    Johnson & Johnson settled talc-related cancer claims that had driven bankruptcy efforts for $5.5 billion, Fat Brands confirmed its Chapter 11 plan, and a prominent former New York bankruptcy judge joined consulting firm M3 Partners.

  • August 03, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week tackled disputes involving merger litigation, insider trading allegations, books and records demands, advancement proceedings, fiduciary duties, public benefit corporations and more.

  • August 03, 2026

    Bath Product Maker Vi-Jon Hits Ch. 11 With $25M Talc Deal

    Private-label dry bath product maker Vi-Jon LLC filed for Chapter 11 protection in Delaware with a proposed plan to channel talc injury claims into a trust to be funded by $25 million of cash and the contribution of certain insurance rights.

  • July 31, 2026

    Law360 Names 2026's Top Attorneys Under 40

    Law360 is pleased to announce the Rising Stars of 2026, our list of more than 160 attorneys under 40 whose legal accomplishments belie their age.

  • July 31, 2026

    7th Circ. Backs Experian In Credit Report, Debt Discharge Suit

    The Seventh Circuit upheld the dismissal of a woman's Fair Credit Reporting Act lawsuit against Experian, finding the credit agency would have needed to make a legal analysis to determine a mortgage claim on her report was discharged in bankruptcy, rendering the error nonactionable.

  • July 31, 2026

    Uniroyal Legacy Unit Files Ch. 11 To Handle Asbestos Claims

    A legacy unit of defunct tire maker Uniroyal filed for Chapter 11 protection on Friday in New Jersey to address 35,000 asbestos injury claims and hand over administration of ongoing retiree benefit programs.

  • July 31, 2026

    Bankrupt Swiss Rival Drops Expedia Antitrust Claims

    A rival hotel booking website dropped its case in Washington federal court accusing Expedia of driving it out of business by using its control over Trivago to change the price comparison site's auction process for the placement of listings.

  • July 31, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Sleep Number is scheduled to vie to make a deferred compensation trustee to put assets in its bankruptcy estate, a Texas bankruptcy judge will decide whether to confirm MMA Law Firm's liquidation plan and Saks is set to seek permission to sell a lease.

  • July 31, 2026

    Ascend Settles DOE Grant Audit Claims For $7.5M In Ch. 11

    Bankrupt battery recycler Ascend Elements has secured court approval for a $7.5 million settlement with the U.S. Department of Energy,

  • July 31, 2026

    AFSA CEO Targets 'Systemic Misuse' Of Insolvency And Debt

    AFSA will focus on investigating the "systemic misuse" of personal insolvency proposals and predatory debt agreements, with CEO Tim Beresford saying these are the greatest threats to the insolvency system's integrity in a speech on Thursday.

  • July 30, 2026

    Del. Chancery Axes Student Loan Co. 'Unfair' Lender Deal Suit

    A Delaware vice chancellor has dismissed, with prejudice, a stockholder lawsuit seeking to block new "highly dilutive" borrowing from the top lenders and shareholders of international student loan provider MPower Financing PBC, finding that the statutory safe harbor provision of Delaware corporation law protects the transaction, which will hand control of the company to two hedge funds.

  • July 30, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    An affiliate of American Efficient sued another organization in a bid to claw back about $10.2 million in Chapter 11, a Texas federal judge shot down an appeal stemming from auto parts company First Brands' bankruptcy and Sidley Austin LLP argued it was eligible to represent Genesis Healthcare.

Expert Analysis

  • 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.

  • 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.

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