Mid Cap

  • July 02, 2026

    Hilco Can't Duck Holiday Store Workers' Wage Claims

    Hilco Merchant Resources must face a lawsuit from a putative class of nationwide workers who ran going-out-of-business sales at Christmas Tree Shops, a Delaware bankruptcy judge has determined, rejecting the argument the suit should be dismissed because Hilco was an independent consultant to the debtor.

  • July 02, 2026

    Richards Layton Promotes 6 Attys To Directors, Counsel

    Delaware-based Richards Layton & Finger has announced that three of its attorneys were elected to serve as directors of the firm and three others were elevated to counsel.

  • July 02, 2026

    Bitcoin Depot Nets 5 Deals In Ch. 11 Asset Sale

    Bitcoin Depot told a Texas bankruptcy judge Thursday that five buyers had prevailed in an auction this week for the cryptocurrency company's kiosks, business lines and other assets, offering a total of $1.4 million.

  • July 01, 2026

    The 'Melting S'More' Of SIMAD's Summer Camp Ch. 11 Sale

    More than two dozen U.S. summer camps are for sale just as kids arrive for the season, under a rapid timeline in the free-fall bankruptcy of SIMAD Holdings, and whether they land in the hands of outsiders or longtime directors trying to buy back their properties is up in the air.

  • July 01, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Nursing home firm Genesis Healthcare alleged an insider took part in a scheme that cost the company more than $50 million. A medical staffing company's bankruptcy trust sued to claim an insurance dividend. And the Archdiocese of New York asked a state court to pause a directive for it disclose information to insurers while the church appealed the order.

  • July 01, 2026

    Float Alaska Asks To Modify Ch. 11 Plan After Missed Payment

    Airline operator Float Alaska has asked a Delaware bankruptcy judge for permission to modify its confirmed Chapter 11 plan and disclosure statement so that it can enter into a transaction with a backup bidder if its original plan sponsor fails to make a required payment this week.

  • July 01, 2026

    Judge To Approve $40M Sale Of Texas A&M Data Center

    A Texas bankruptcy judge said Wednesday that he would approve a sale of a data and research center affiliated with Texas A&M University, RELLIS Campus Data and Research Center LLC, to AI software company ThisWay Global Inc. for $40 million.

  • July 01, 2026

    Troutman Adds Sidley Bankruptcy Pro In Dallas

    Troutman Pepper Locke has strengthened its bankruptcy and restructuring practice with a seasoned Dallas-based partner who came aboard from Sidley Austin LLP.

  • July 01, 2026

    YesCare Can Use Lender Cash In Ch. 11 Amid Venue Fight

    A Florida bankruptcy judge Wednesday allowed YesCare, the affiliate of prison healthcare company Tehum Care Services, to use lender cash and pay wages after adjourning a hearing on a motion to transfer the case to a Texas court.

  • July 01, 2026

    Bankruptcy No Barrier To Running Self-Managed Super: Judge

    A Federal Court judge in Sydney has allowed a bankrupt former construction company manager to continue managing his self-managed superannuation fund, finding relief from management disqualification is available to all super fund managers despite a lack of clarity in the governing law.

  • June 30, 2026

    Puerto Rico Oversight Board Pitches $3B Bond Settlement

    Puerto Rico's Financial Oversight and Management Board pitched a $3 billion settlement package to bondholders of the Puerto Rico Electric Power Authority, with an eye to finishing the power authority's bankruptcy, according to a news release Tuesday.

  • June 30, 2026

    Med Spa Owner Gets Ch. 11 Cash Collateral Deal With Lenders

    A Delaware bankruptcy judge said Tuesday she will grant a request by GVO Partners, a medical spa management and investment firm, to use cash collateral, agreeing with the debtor that it needs to fund its operations while in Chapter 11 in pursuit of a going-concern sale of assets.

  • June 30, 2026

    Meet The Attorneys Leading Sangamo's Ch. 11

    A team of lawyers from Richards Layton & Finger PA and Cooley LLP is representing life sciences group Sangamo Therapeutics Inc. in a recently filed Chapter 11 case as the company looks to sell parts of its business to Eli Lilly & Co. and Astellas Pharma Inc.

  • June 30, 2026

    Catching Up With New Bankruptcy Case Action

    A Texas summer camp filed for bankruptcy protection in the face of litigation over deadly floods last year. A technology services company is looking to sell its assets or swap debt for equity during its Chapter 11 case. And a Pennsylvania-based staffing plans to liquidate in a Chapter 7 proceeding.

  • June 30, 2026

    Pierson Ferdinand Adds Partners In 4 Of Its U.S. Offices

    Pierson Ferdinand LLP announced Tuesday that it has added four partners to its corporate, intellectual property and litigation departments to bolster its capacity to handle corporate litigation, patent, bankruptcy and other matters.

  • June 30, 2026

    FDIC, US Aiming to Settle $1.9M First Republic Tax Bill

    The U.S. government and the Federal Deposit Insurance Corp. are working to settle the government's case against the agency in its role as receiver for the defunct First Republic Bank over taxes that the government alleges were owed by foreign individuals, a U.S. attorney said Tuesday.

  • June 30, 2026

    Rhodium Seeks Sanctions Over Ch. 11 Patent Claim

    Bankrupt bitcoin miner Rhodium Encore on Tuesday asked a Texas bankruptcy judge to impose sanctions on cooling technology firm Midas Green Technologies, saying it spent more than $6 million fighting over Midas Green patent claims a district court judge had already dismissed.

  • June 30, 2026

    Gordon Rees Adds 8 Partners In Northern California

    Gordon Rees Scully Mansukhani LLP has expanded its offices in Northern California with eight new partners who have expertise in multiple practice areas, a firm spokesperson told Law360 Pulse on Tuesday.

  • 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.

Expert Analysis

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

  • Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

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