Mid Cap

  • July 13, 2026

    Exactech Suit Officially Dropped After $8M Bankruptcy Deal

    An Alabama federal court has tossed a False Claims Act lawsuit against orthopedic implant maker Exactech, after the parties reached an $8 million settlement last year in the company's bankruptcy.

  • July 10, 2026

    Judge Says $57M Asset Freeze Skips 8 In Chapter 7 Clawback

    A Connecticut federal judge clarified that her recent ruling putting a hold on $57.4 million in clawback litigation from the Chapter 7 trustee of pump manufacturer The Nash Engineering Co. does not apply to eight defendants who were not initially served notice of a prejudgment remedy motion.

  • July 10, 2026

    Team Systems Ch. 7 Trustee Lays Out Fraud Allegations

    The Chapter 7 trustee of bankrupt government contractor Team Systems International on Friday outlined his fraud allegations against the company's former leadership during closing arguments in a $14 million clawback case, saying firm insiders made the transfers to themselves without providing an equivalent return of value to the business.

  • July 10, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Jewelry house Lugano Diamonds will seek approval of its bankruptcy plan disclosure, as will battery recycler Ascend Elements, and drug research company Inotiv Inc. will ask for confirmation of its Chapter 11 plan.

  • July 10, 2026

    AI Staffing Co. Investors Seek Sealed Fraud Probe Report

    Some stockholders of AI-powered staffing firm Joonko Diversity have urged a Delaware bankruptcy court to order the company's insolvency plan administrator to provide full access to an unsealed version of a report prepared by special counsel investigating potential claims against the firm's board of directors.

  • July 10, 2026

    SiFi Networks Wins Final Approval For $3.4M Ch. 11 Loan

    Privately-owned telecommunications company SiFi Networks America LLC can access $3.4 million in Chapter 11 financing from its prepetition lender and stalking horse bidder, a Delaware bankruptcy judge has determined.

  • July 10, 2026

    The Biggest Surprises In Bankruptcy In 2026: Midyear Report

    The growing expense of Chapter 11 has compelled distressed companies to search for ways to avoid protracted bankruptcies this year, and their attempts to cut down on costs have sparked some of the biggest surprises in restructuring practice so far in 2026, experts told Law360.

  • July 10, 2026

    NJ Sushi Restaurant Seeks To Ax Wage Suit Fraud Claims

    A sushi restaurant and others urged a New Jersey federal court Thursday to dismiss seven claims accusing them of shifting assets to frustrate a server's wage suit, saying the allegations rely on family ties, timing and an unidentified buyer.

  • July 10, 2026

    Bradley Adds Bankruptcy Atty From Arnall Golden In Atlanta

    Bradley Arant Boult Cummings LLP has added an Arnall Golden Gregory LLP partner in its Atlanta office, strengthening its bankruptcy and creditors' rights practice with an attorney who brings more than 25 years of legal experience.

  • July 09, 2026

    Real Estate Co. Can Keep Using Cash For 50-Plus Properties

    DAMIS Holdings won permission from a New Jersey bankruptcy judge Thursday to extend the use of its cash for another two weeks, after the debtors wrested control of the initially chaotic Chapter 11 case and as they prepare operating budgets for more than 50 real estate holdings.

  • July 09, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Eye disease treatment developer Clearside Biomedical received confirmation of its Chapter 11 plan. Dish Wireless sought approval for $85 million in financing. And T-Mobile took issue with SiFi Networks' bid procedures motion.

  • July 09, 2026

    RICO Defendant Says Claims Target Protected Activity

    An attorney named in a business owner's sprawling racketeering suit against his former business partner and numerous alleged co-conspirators has asked a California federal judge to throw out the claims, arguing the lawyer's actions were protected litigation activity and that the business owner lacks standing to sue.

  • July 09, 2026

    States Flag Freedom Forever's Deal With Financier In Ch. 11

    A dozen states have objected to Freedom Forever's settlement with one of its key financing partners, telling a Delaware judge they were concerned about the deal's impacts on customer contracts with the bankrupt solar panel installer.

  • July 09, 2026

    Cold Spring Buyer Seeks Delay In Ch. 7 Conversion

    The buyer of Long Island nursing home operator Cold Spring Acquisition LLC urged a New York bankruptcy court Thursday to delay the effective date of a potential Chapter 7 conversion order for three weeks, seeking more time to resolve financing hurdles and close the pending sale.

  • July 09, 2026

    Balcon Salon To Mediate With Lender In Ch. 11

    New York City nightclub Balcon Salon and its lender have agreed to enter mediation, the debtor's attorney told a bankruptcy judge Thursday.

  • July 08, 2026

    Citadel Securities Drops Portofino Suit To Chase UK Judgment

    Citadel Securities has dropped its New York trade secrets lawsuit targeting a Swiss cryptocurrency trading firm launched by two ex-employees in order to focus on enforcing a roughly £6 million ($8 million) judgment it's already won in the dispute, according to documents filed Wednesday.

  • July 08, 2026

    A Look At Finch Therapeutics' Ch. 11 Plan

    Microbiome treatment developer Finch Therapeutics will ask a Delaware bankruptcy judge to approve a Chapter 11 plan that would allow it to sell all assets to a rival company and exit bankruptcy. Here's a look at the liquidating plan it is hoping to get confirmed.

  • July 08, 2026

    Sheppard Adds Transactional, IP Attys In Chicago And San Diego

    Sheppard announced Wednesday that the firm has added an experienced intellectual property attorney focused on life sciences as a San Diego area-based partner, a day after announcing the addition of two Chicago-based transactional partners.

  • July 08, 2026

    NC Bankruptcy Admin Seeks Sanctions For Ch. 7 Abuse

    A North Carolina bankruptcy administrator is seeking sanctions against a Georgia "short sale" real estate dealer, claiming he filed bankruptcy papers "riddled" with lies as part of an attempt to sell a home on the verge of foreclosure.

  • July 08, 2026

    Viridis Chemical Gets OK On Ch. 11 Plan After Sale

    A Texas bankruptcy judge on Wednesday signed off on bio-based chemical technology company Viridis Chemical LLC's Chapter 11 liquidation plan, more than a month after the debtor sold most of its assets.

  • July 08, 2026

    Bitcoin Depot Gets OK For $1.4M Ch. 11 Asset Sale

    A Texas bankruptcy judge Wednesday gave bankrupt cryptocurrency kiosk operator Bitcoin Depot permission to sell more than $1.4 million in assets to the winners of an auction held last week.

  • July 07, 2026

    23andMe's $47M Data Breach Deal Gets Bankruptcy Court OK

    A Missouri bankruptcy judge entered an order Tuesday authorizing a $46.7 million settlement between the plan administration trust created under the Chapter 11 plan of DNA-testing company 23andMe and data breach claimants, finding the deal is fair and equitable. 

  • July 07, 2026

    Catching Up With New Bankruptcy Case Action

    Dish Network entered Chapter 11 with $14 billion in debt and a prepackaged bankruptcy plan. Former MLB player Yasiel Puig filed Chapter 11 papers. And hormone replacement treatment company SynergenX hit bankruptcy and accused its senior lenders of forcing the debtor to pay high interest rates.

  • July 07, 2026

    9th Circ. Taps Ex-US Trustee Atty As Calif. Bankruptcy Judge

    The Ninth Circuit has appointed longtime U.S. Department of Justice attorney Edward K. Bernatavicius as a bankruptcy judge for the Central District of California, filling a vacancy in the Riverside division.

  • July 07, 2026

    Pryor Cashman Adds Simpson Thacher Atty To Litigation Team

    Pryor Cashman LLP said Tuesday it has continued growing its litigation group with a longtime Simpson Thacher & Bartlett LLP lawyer, who has represented "some of the most prominent names in private equity and finance," the firm said.

Expert Analysis

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

    Author Photo

    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

    Author Photo

    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.

  • Why Appellees Should Write Their Answering Brief First

    Author Photo

    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

    Author Photo

    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

    Author Photo

    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

    Author Photo

    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • Law School's Missed Lessons: Educating Your Community

    Author Photo

    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

    Author Photo

    The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

    Author Photo

    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

    Author Photo

    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

    Author Photo

    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

  • What Insurers Must Know When Insureds File For Bankruptcy

    Author Photo

    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

    Author Photo

    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.

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