Mid Cap

  • July 16, 2026

    Debt Burden, Cash Shortage Led LA Hospital To Hit Chapter 11

    Financial strain from the COVID-19 pandemic, mounting debt and an acute liquidity crisis led Pacifica Hospital of the Valley, a 231-bed hospital in the Los Angeles area, to seek Chapter 11 protection in Delaware.

  • July 16, 2026

    Mich. AG Says Solar Financing Scheme Hit 1,700 Consumers

    Michigan's attorney general has accused Climax Solar, its owner and the seven financial institutions that financed consumer purchases of the company's home solar systems of participating in a widespread solar finance scheme that promised customers big savings but resulted in long-term debt.

  • July 16, 2026

    American Signature Seeks OK To Sell Google Antitrust Claims

    Bankrupt furniture retailer American Signature Inc. has asked a Delaware bankruptcy judge for permission to sell its potential antitrust claims against Google for about $5.76 million, arguing that converting an uncertain litigation asset into immediate cash is the best way to maximize value for creditors while avoiding the costs and risks of pursuing the claims itself.

  • July 16, 2026

    Telecom Infrastructure Biz Wins Ch. 11 Plan OK

    A New York bankruptcy court Thursday approved the Chapter 11 plan of Excell Communications Inc., a telecommunications infrastructure developer, after the company's owner agreed to provide $1.3 million for unsecured creditors.

  • July 16, 2026

    Simpson Thacher 'Never' Explained Ill-Fated Deal, Exec Says

    A founder seeking over $100 million from Simpson Thacher & Bartlett over a transaction he says destroyed his insurance services company testified Thursday the law firm provided him no education on various words he wasn't familiar with in the deal.

  • July 15, 2026

    Circuit-By-Circuit Guide To The US Supreme Court's Term

    Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.

  • July 15, 2026

    'I Won't Be A Silent Jury,' Judge Says As SVB Trial Wraps

    The California federal judge overseeing the bench trial on the Federal Deposit Insurance Corporation's claim that Silicon Valley Bank's officers mismanaged its assets before the bank's 2023 collapse told the two sides on Wednesday to be prepared for interruptions to their closing arguments, saying "I won't be a silent jury."

  • July 15, 2026

    Mining Co. Creditors Say DIP Gives Windfall To Parent Group

    Unsecured creditors of soda ash and borate mining company Searles Valley Minerals have urged a Delaware bankruptcy judge to reject the debtor's Chapter 11 financing motion, saying the debtor-in-possession funding agreement would slight creditors and give away valuable assets to the debtor's parent.

  • July 15, 2026

    Judge Tosses Former Texas Hospital Operator's Chapter 11

    A Delaware bankruptcy judge on Wednesday threw out Sherman/Grayson Hospital LLC's Chapter 11 amid uncertainty over whether $17 million in administrative claims would be paid to avoid either conversion or dismissal.

  • July 15, 2026

    Meet The Attorneys Guiding SynergenX's Ch. 11

    A group of attorneys from Law Offices of Frank J. Wright PLLC and Shannon Lee Beatty LLP is representing hormone therapy company SynergenX in its Chapter 11 case.

  • July 15, 2026

    Judge Says Washington City Filed Ch. 9 In Good Faith

    A bankruptcy judge has ruled a small city in central Washington did not act in bad faith when it sought Chapter 9 protection after a dispute with a developer left it facing a $26 million judgment.

  • July 15, 2026

    Simpson Thacher Put Co. Out Of Business, Fla. Jury Told

    Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening arguments for trial in his suit alleging the law firm owes him more than $100 million.

  • July 15, 2026

    Pa. Jury Acquits Man Accused Of Threatening Judges

    A Pennsylvania federal jury found Wednesday that a man accused of threatening to kill judges is not guilty.

  • July 15, 2026

    New Jersey AG Targets Pa. Seller Of Ghost Gun Kits

    In a bid to stop the flow of untraceable firearms into the Garden State, New Jersey Attorney General Jennifer Davenport announced Wednesday that her office sued a Pennsylvania man alleged to be one of the largest suppliers of products used to make ghost guns.

  • July 15, 2026

    Industries Facing Distress In 2026: A Midyear Report

    Renewable energy companies have continued to file for Chapter 11 relief in the first half of 2026, the Iran war and inflated fuel prices have hit the transportation and logistics sector, and software companies are bracing for the impact of artificial intelligence.

  • July 15, 2026

    Ascend Elements Cleared For Ch. 11 Plan Vote

    A Texas bankruptcy judge gave battery recycler Ascend Elements the all-clear Wednesday to take a vote on its Chapter 11 liquidation plan.

  • July 15, 2026

    Weil Appoints Its First Global Chair Of Restructuring

    Weil Gotshal & Manges LLP announced on Wednesday that U.S. restructuring co-chair Matt Barr will assume the newly created role of global restructuring chair.

  • July 14, 2026

    4th Circ. Sends $166M Arbitral Judgment Back To Trial Court

    The Fourth Circuit ruled Tuesday that a trial court must determine if a $166 million arbitral award against convicted insurance mogul Greg Lindberg can stand under North Carolina law, reversing a lower court's confirmation of the award under the Federal Arbitration Act.

  • July 14, 2026

    Dolphin Park Co. Slams Ex-CEO's Ch. 11 Dismissal Bid

    Dolphin park owner Leisure Investments has asked a Delaware bankruptcy judge to reject a motion its onetime CEO filed seeking dismissal of the company's bankruptcy case, contending he grossly misrepresented the results of court proceedings in Mexico. 

  • July 14, 2026

    Alex Jones' Co. Balks At Sandy Hook Victims' Stay Appeal

    Right-wing conspiracy theorist Alex Jones' media company has urged the Texas Supreme Court to reject a bid by victims of the Sandy Hook Elementary School shooting to license his website, Infowars, to The Onion, arguing the request is defective and the satire publication is already damaging the brand.

  • July 14, 2026

    Bike Seller Says IRS' Undervaluation Caused $3M Deficiency

    A California bicycle seller told the U.S. Tax Court that the IRS' faulty appraisal of its value caused the agency to mischaracterize a transaction with its parent company as a discharge of indebtedness and a $15.5 million income increase, leading to a $3.3 million deficiency assessment.

  • July 14, 2026

    Catching Up With New Bankruptcy Case Action

    A Brazilian environmental cleanup company sought bankruptcy court recognition for a $1 billion restructuring in its home country. The owner of a defunct Pennsylvania boarding school re-entered Chapter 11. And a Rhode Island jail operator filed for bankruptcy.

  • July 14, 2026

    Watchmaker E. Gluck Gets OK For Ch. 11 Liquidation Plan

    A New York bankruptcy judge Tuesday gave final approval to watch designer and manufacturer E. Gluck's Chapter 11 liquidation plan, setting it up to exit a bankruptcy that followed shifting consumer demand and macroeconomic headwinds affecting the business.

  • July 14, 2026

    US Trustee Flags Adviser Releases In Mining Co.'s Ch. 11

    The Department of Justice's bankruptcy watchdog urged a Delaware bankruptcy judge to reject mining operation Searles Valley Minerals' bid to hire Ankura as its restructuring adviser, saying its engagement letter contains improper liability limitations.

  • July 14, 2026

    Meet The Attorneys Advising SIMAD's Creditors Committee

    A team of lawyers from McDermott Will & Schulte and Robinson & Cole LLP is guiding the unsecured creditors committee in summer camp company SIMAD Holdings' bankruptcy.

Expert Analysis

  • 5 E-Discovery Predictions For 2026 And Beyond

    Author Photo

    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • The Case For Emulating, Not Dividing, The Ninth Circuit

    Author Photo

    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Law School's Missed Lessons: Intentional Career-Building

    Author Photo

    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

    Author Photo

    While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential risks to their business model and the power supply arrangements they rely on appear on the horizon, says Mark Sherrill at Chamberlain Hrdlicka.

  • 3 Notable Developments In Ch. 15 Bankruptcy This Year

    Author Photo

    Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified the framework of Chapter 15 surrounding nonparty releases, reinforced the principles of a debtor's center of main interest in the face of extensive mass tort litigation, and reviewed synthetic cross-border proceedings, say attorneys at Troutman.

  • Law School's Missed Lessons: Practical Problem Solving

    Author Photo

    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

    Author Photo

    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

    Author Photo

    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

    Author Photo

    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

    Author Photo

    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Law School's Missed Lessons: Practicing Client-Led Litigation

    Author Photo

    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

    Author Photo

    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

    Author Photo

    Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Mid Cap archive.