Mid Cap

  • June 02, 2026

    Aspiration Co-Founder Gets 14 Yrs In $248M Fraud Scheme

    Joseph Sanberg, co-founder of the now defunct, celebrity-backed and sustainability-focused financial services company Aspiration Partners, has been sentenced to 14 years in prison by a California federal judge, stemming from a years-long scheme where he defrauded more than 130 victims of at least $248 million. 

  • June 02, 2026

    KDC Bankruptcy Judge Signals Malpractice Suit May Stay Put

    A Delaware bankruptcy judge has told a Chapter 7 trustee suing Foley & Lardner LLP for malpractice that at first glance, he was inclined to retain jurisdiction of the case as part of food waste recycler KDC Agribusiness LLC's bankruptcy instead of sending it back to state court.

  • June 02, 2026

    Justices Urged To Address Tax Fraud Deadline Split

    A woman urged the U.S. Supreme Court on Tuesday to reconcile the appellate courts' split over the period to assess taxes against a taxpayer in cases when a third party commits fraud, saying the IRS even admitted that the conflict creates "intolerable results."

  • June 02, 2026

    Michal International Creditors Say Insider Cut Line With Liens

    The unsecured creditors committee for bankrupt investment company Michal International Investment LLC sued another creditor alleging it schemed to outflank stakeholders by placing liens on debtor assets via a chosen manager.

  • June 02, 2026

    Defense Department Says Biotech Co. Ch. 11 Plan Is Unfair

    The U.S. government has asked a Delaware bankruptcy judge to reject Alachua Government Services' disclosure statement for its liquidation plan, saying the biotechnology company is proposing to shortchange the Department of Defense's claims against the debtor.

  • June 02, 2026

    Fox Rothschild Atty Censured Over $2.7M In Unapproved Fees

    A New Jersey-based bankruptcy partner at Fox Rothschild LLP has been censured by the Supreme Court of New Jersey after she was found to have wrongfully disbursed over $2.7 million in fees to her former firms without approval.

  • June 02, 2026

    Sand Miners Say They May Have Deal For Cash Ch. 11 Sale

    A Texas bankruptcy judge on Tuesday gave a pair of bankrupt fracking sand miners until next week to finalize a last-minute cash offer for their businesses after hearing no one had bid at the debtors' asset auction last week.

  • June 02, 2026

    Catching Up With New Bankruptcy Case Action

    Affiliates of New Fortress Energy asked a U.S. court to recognize their bankruptcies in the U.K. Polish subsidiaries of alternative energy investment company GoldenPeaks Capital began a Chapter 11 proceeding. And an artificial intelligence-enabled voice generating software company entered Chapter 7.

  • June 01, 2026

    23andMe Says California Data Breach Suit Evades Ch. 11 Plan

    The bankruptcy plan administrator for the genetic testing company formerly known as 23andMe is urging a Missouri bankruptcy court to shut down a lawsuit recently lodged by California's attorney general that seeks to recoup potentially millions of dollars in statutory penalties for the company's alleged security and disclosure failings stemming from a 2023 data breach. 

  • June 01, 2026

    4 Mass. Rulings You May Have Missed In May

    A bankruptcy trustee may continue to pursue claims that a lender violated an oral amendment to a loan agreement, a former executive for a Dunkin' franchisee cannot push his case to Delaware, and a law firm hired to represent an investment fund is not responsible for the revocation of a visa for one of the fund's co-founders after he was terminated, judges in Suffolk County's Business Litigation Session concluded in May.

  • June 01, 2026

    Meet The Team Guiding Society Pass Through Ch. 11

    A team of attorneys from Schwartz PLLC is leading e-commerce platform Society Pass Inc. through Chapter 11 in Texas as it seeks a breathing spell following an $11 million judgment against the company in favor of a former employee.

  • June 01, 2026

    Suspended Fla. Lawyer's Bankruptcy Case Thrown Out

    A Florida bankruptcy court judge has dismissed the Chapter 13 case of a suspended lawyer facing state bar disciplinary charges over allegations that he defrauded dozens of clients by charging them legal fees for cases that he abandoned.

  • June 01, 2026

    IronNet Still Short On Funds To End Ch. 11

    A Delaware bankruptcy judge Monday heard cybersecurity firm IronNet is still about $1 million behind on its Chapter 11 payment obligations and a motion to dismiss the case is still on the table.

  • June 01, 2026

    Impac Gets Ch. 11 Plan OK, Bestar Nabs Ch. 15 Recognition

    A Delaware bankruptcy court approved home lending broker Impac Mortgage Holdings Inc.'s Chapter 11 plan, Canadian furniture company Bestar Inc. got Chapter 15 recognition and a Texas judge refused First Brands' bankruptcy plan disclosure.

  • May 29, 2026

    NY Judge Doubts Nussbaum-Linked Firms Belong In Ch. 11

    A New York bankruptcy judge on Friday questioned whether his court was the proper venue to wind down two commercial real estate law firms headed by Mark J. Nussbaum as the debtors sought to ditch an assignment for the benefit of creditors process in New York state court.

  • May 29, 2026

    What's Happening In Bankruptcy Court This Coming Week

    QVC will seek approval for its bankruptcy plan, Fat Brands will seek approval for its bankruptcy plan disclosures, and Rhodium Encore's former lawyers will seek sanctions from its board of directors.

  • May 29, 2026

    Philly Music Venue Ch. 11 Reports Past Due, US Trustee Says

    The U.S. Trustee's Office has moved to dismiss the Chapter 11 case of World Cafe Live, a nonprofit live performance venue in Philadelphia, arguing that the debtor failed to file monthly operating reports on time.

  • May 29, 2026

    Meet The Attorneys Guiding Bitcoin Depot's Ch. 11 Wind-Down

    When cryptocurrency ATM operator Bitcoin Depot Inc. hit Chapter 11 in mid-May, it had already begun seeking potential buyers for its specialized kiosks. Now, the debtor's lawyers from Vinson & Elkins LLP are moving ahead with a sale process, which is a core component of its plan to wind down operations.

  • May 29, 2026

    AI Voice Co. Files Ch. 7 Amid Actors' Copyright Suit

    Artificial intelligence-enabled voice generating software company Lovo Inc. has filed for Chapter 7 protection in New York in the midst of an ongoing putative class action brought by voice actors alleging their voices were used by the company without permission.

  • May 29, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against three subsidiaries of dissolved private equity giant Abraaj Group for commercial fraud; and the property and investment vehicle of the State of Kuwait be targeted by four real estate figures who filed a miscellaneous claim. Here, Law360 looks at these and other new claims in the U.K.

  • May 29, 2026

    Carbon Health Cleared To Exit Ch. 11 After Creditor Settlement

    Urgent care company Carbon Health Technologies on Friday secured a Texas bankruptcy judge's approval of its Chapter 11 plan, letting the debtor set up a $12 million trust for creditors and reorganize its business with about $30 million in new funding.

  • May 28, 2026

    Calif. AG Sues 23andMe Over Lapses In Genetic Data Security

    California moved Thursday to sue the genetic testing company formerly known as 23andMe over a 2023 data breach that exposed the personal information of nearly 7 million customers, arguing that the company failed to implement even the most basic security measures and misled consumers about the scope of its safeguards and severity of the breach.

  • May 28, 2026

    Judge Clears Settlement In Equifax Reporting Suit

    A Virginia federal judge won't intervene in a deal resolving a proposed Fair Credit Reporting Act class action against Equifax, ruling that the undisclosed settlement, which was announced prior to class certification, had not been "tainted by collusion."

  • May 28, 2026

    6th Circ. Revives P-Funk Keyboardist's Copyright Royalty Suit

    The Sixth Circuit revived part of the estate of late Parliament-Funkadelic keyboardist George "Bernie" Worrell's copyright suit against group co-founder George Clinton and his company Thang Inc., ruling that a jury must decide whether Worrell partly owned the recordings he helped create. 

  • May 28, 2026

    Makeup Ingredient Supplier Touts Prepack Ch. 11 Plan

    Makeup ingredient supplier Miyoshi America is slated to appear in Texas bankruptcy court June 3 to seek confirmation of its Chapter 11 plan, which the company says will resolve its outstanding talc injury liability.

Expert Analysis

  • What Insurers Must Know When Insureds File For Bankruptcy

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    With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting themselves with key procedural details of the bankruptcy process, say attorneys at McDermott.

  • SDNY OpenAI Order Clarifies Preservation Standards For AI

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    The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.

  • Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • Power To The Paralegals: How And Why Training Must Evolve

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    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • Law School's Missed Lessons: Mastering Time Management

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    Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.

  • Rare Del. Oversight Ruling Sends Governance Wake-Up Call

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    An unusual ruling from the Delaware Court of Chancery recently allowed Caremark oversight claims to proceed against former executives of a company previously known as Teligent, sending a clear reminder that boards and officers must actively monitor and document oversight efforts when addressing mission-critical risks, say attorneys at WilmerHale.

  • 11th Circ. Equitable Tolling Ruling Deepens Circuit Split

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    The Eleventh Circuit recently held that equitable tolling was unavailable to extend a deadline to object to discharge of debt, becoming the most recent circuit court decision to address this issue, and deepening a split that requires resolution by the U.S. Supreme Court, says Paul Avron at Berger Singerman.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

  • Demystifying The Civil Procedure Rules Amendment Process

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    Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.

  • Bankruptcy Courts May Offer Relief For Tariff-Driven Distress

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    The Bankruptcy Code and the customs laws interact in complex ways that make bankruptcy a powerful, albeit limited, tool for companies that are dealing with tariff-related financial distress, says Eitan Arom at KTBS Law.

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