Mid Cap

  • May 08, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Saks will seek the all-clear to sell leases, cannabis products purveyor Cannabist will look for Chapter 15 recognition and solar project Tonopah Solar Energy LLC will ask for interim approval of its plan and disclosure.

  • May 08, 2026

    Carbon Health Gets $11M DIP Hike As Mediation Continues

    A Texas bankruptcy judge Friday approved $11 million in additional Chapter 11 financing for urgent care facility operator Carbon Health Technologies as talks continue between parties in the case.

  • May 08, 2026

    Buffalo Diocese Seeks OK For $4.6M HQ Sale

    The Roman Catholic Diocese of Buffalo, New York, has asked for a bankruptcy court's permission to accept a $4.6 million offer for its headquarters, after its stalking horse bidder was outbid.

  • May 08, 2026

    E-Commerce Finance Biz Files Ch. 7 With Over $50M In Debt

    Parker Group Inc., a Valar Ventures-backed digital banking service for online businesses, has filed for Chapter 7 in Delaware bankruptcy court with $50 million to $100 million each in assets and liabilities.

  • May 08, 2026

    Ex-Exec's Severance Fight Against Media Cos. Ends In NJ

    A New Jersey federal judge closed the books on a years-long severance dispute between A360 Media LLC, Bauer Media Group USA LLC and a former executive, after entering a sealed opinion and order terminating the case.

  • May 07, 2026

    Conn. Diocese Settles Abuse Defense Suit Against Travelers

    The bankrupt Norwich Roman Catholic Diocesan Corp. has reached a settlement with its insurer in a Connecticut state court lawsuit alleging the insurer improperly bailed on defense coverage for a sexual abuse case just days before the start of a trial.

  • May 07, 2026

    Vanderbilt Minerals Gets OK For $64M Sale, New DIP Package

    A New York bankruptcy judge Thursday told former talc miner Vanderbilt Minerals it can accept a $64 million bid for its mines and said she will give interim approval for $15 million in new Chapter 11 financing from the buyer.

  • May 07, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A BlockFills creditor wants a Chapter 11 trustee to take over the crypto group's bankruptcy, Saks has asked for more time to accept or reject leases, and the creditors committee for healthcare group Carbon Health Technologies says its latest bankruptcy funding loan is too high.

  • May 07, 2026

    US Magnesium Creditors Can Take Votes On Ch. 11 Plan

    A Delaware bankruptcy judge on Thursday signed off on a request by US Magnesium's unsecured creditors to solicit votes on a Chapter 11 liquidation plan, months after the defunct mineral supplier sold most of its assets to the state of Utah for $30 million.

  • May 07, 2026

    DEMAR Seeks Ch. 15 Protection Amid Pemex Financial Woes

    Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially after Mexico's state-owned oil company Pemex hit its own financial crisis.

  • May 07, 2026

    Prospect Medical Captive Insurer Gets Interim Ch. 15 Relief

    Connecticut Healthcare Insurance Co., a Cayman Islands insurance company indirectly owned by bankrupt hospital chain Prospect Medical Holdings, received provisional relief Thursday for its Cayman wind-up proceedings that involve a $26 million payment to Prospect.

  • May 07, 2026

    US Trustee Objects To Airline's 'Unfair' Plan Process

    The Office of the U.S. Trustee opposed the Chapter 11 disclosure statement of a bankrupt Alaska-based airline, saying it lays out a "fundamentally unfair" process for creditors to object if the debtor tries to throw out their claims.

  • May 06, 2026

    Prospect Medical Captive Insurer Files Ch. 15 In Texas

    Connecticut Healthcare Insurance Company, a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings, has filed a Chapter 15 petition in Texas bankruptcy court seeking recognition of its Cayman winding-up proceedings that involve a $26 million payment to Prospect.

  • May 06, 2026

    Cannabist Ch. 15 Tests Bankruptcy Access For Pot Cos.

    Bankruptcy experts and attorneys for cannabis companies will be closely watching next Tuesday's Chapter 15 recognition hearing for The Cannabist Co. Holdings, which if approved could provide a novel path for cannabis-related companies to access U.S. bankruptcy court after historically being blocked by marijuana's status as a federally controlled substance.

  • May 06, 2026

    Amber Denies Violating Confidentiality Order In Citgo Feud

    An affiliate of hedge fund Elliott Investment Management LP — whose $5.9 billion bid for Citgo's parent company was accepted late last year — is denying the oil giant's allegations that it improperly exposed company secrets in an op-ed last month, telling a Delaware federal court it has every interest in ensuring the company's success.

  • May 06, 2026

    Police Union Group Gets Ch. 11 OK To Pursue Fla. Appeal

    The International Union of Police Associations AFL-CIO received approval Wednesday in Florida bankruptcy court to modify the automatic stay in its Chapter 11 case to pursue its appeal of an adverse state court judgment in a sexual harassment case that drove it into bankruptcy last month.

  • May 06, 2026

    Battery Recycler Ascend Asks For $30M In Ch. 11 Financing

    Bankrupt battery recycler Ascend Elements Inc. asked a Texas court for approval of a $30 million new money debtor-in-possession loan, with approximately $18 million earmarked for what it says is a crucial land acquisition in Poland.

  • May 06, 2026

    Scarinci Hollenbeck Adds 4 Lawyers In NJ, NY Growth Push

    Scarinci Hollenbeck LLC has announced a slate of attorney hires, with two partners, a counsel and a senior associate adding to its bench in bankruptcy, corporate transactions, litigation and other practice areas.

  • May 06, 2026

    Womble Bond Adds Akin Gump Finance Pro In Houston

    Womble Bond Dickinson has strengthened its debt financing capabilities in the energy sector with the hiring of a Houston-based partner who came aboard from Akin Gump Strauss Hauer & Feld LLP.

  • May 06, 2026

    Canadian Furniture Co. Gets Provisional US Asset Shield

    A Delaware bankruptcy judge on Wednesday extended provisional protection to the U.S. assets of Quebec office furniture maker Bestar as it seeks U.S. recognition of its Canadian liquidation proceedings.

  • May 05, 2026

    Ex-CEO Gets 5 Years In Prison For $212.5M Fraud Case

    A New Jersey federal judge on Tuesday sentenced the former CEO of a now-defunct medical billing company to five years in prison, the statutory maximum penalty, for his role in a $212.5 million scheme to inflate the value of his company to defraud investors.

  • May 05, 2026

    Bankruptcy Atty Sued By Debtor After Ch. 11 Turns To Ch. 7

    A Houston real estate holding company said its former bankruptcy lawyer negligently handled its Chapter 11 case and broke attorney-client privilege, which the company said helped lead the federal bankruptcy judge to convert the case to Chapter 7.

  • May 05, 2026

    Calif. Hospital Gets More Time To File Ch. 11 Plan

    A California bankruptcy judge on Tuesday extended the period in which Oroville Hospital has the exclusive right to file a Chapter 11 plan, giving the medical center more time to work on finding a buyer.

  • May 05, 2026

    Canadian Office Furniture Maker Seeks Ch. 15 Recognition

    Quebec office furniture maker Bestar and its U.S. affiliates Monday asked a Delaware bankruptcy judge for Chapter 15 recognition of its Canadian wind-down proceedings.

  • May 05, 2026

    Catching Up With New Bankruptcy Case Action

    Saint Augustine's University entered Chapter 11 with more than $50 million in debt, the exclusive meal supplier for Blue Apron started a bankruptcy in New Jersey, and a supplier of cosmetics ingredients filed Chapter 11 papers with a prepackaged Chapter 11 plan aimed at putting to rest asbestos-related litigation.

Expert Analysis

  • What 2 Profs Noticed As Transactional Law Students Used AI

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    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • Law School's Missed Lessons: Negotiation Skills

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    I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.

  • Bar Exam Reform Must Expand Beyond A Single Updated Test

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    Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.

  • Asbestos Trusts And Tort Litigation Are Still Not Aligned

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    A recent ruling by a New York state court in James Petro v. Aerco International highlights the inefficiencies that still exist in asbestos litigation — especially regarding the continued lack of coordination between the asbestos tort system and the well-funded asbestos trust compensation system, says Peter Kelso at Roux.

  • The Legal Education Status Quo Is No Longer Tenable

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    As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

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    In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.

  • Section 1983 Has Promise After End Of Nationwide Injunctions

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    After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.

  • Law School's Missed Lessons: Learning From Failure

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    While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.

  • Ohio Banking Brief: All The Notable Legal Updates In Q2

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    Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.

  • Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • Special Committees Gain Traction In Chapter 11 Investigations

    Excerpt from Practical Guidance
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    Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.

  • Ch. 7 Ruling Is Warning For Merchant Cash Advance Providers

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    A New York bankruptcy court’s recent ruling in favor of a Chapter 7 trustee for the bankruptcy estate of JPR Mechanical shows merchant cash advance providers why superficial agreement labels will not shield against preference liability, and serves as a guidepost for future contract drafting, say attorneys at Eversheds Sutherland.

  • Law School's Missed Lessons: Navigating Client Trauma

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    Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.

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