Large Cap More

Genesis Nets $1B Sale, WilmerHale Picks Bankruptcy Chair

Genesis Healthcare got the sign-off for an amended $1 billion asset sale, WilmerHale appointed a new restructuring chair, and the former CEO of electric-truck maker Nikola asked the Third Circuit to review a d... (more story)

'Bankruptcy Tourism' Ruling Prompts New Ch. 15 Challenges

A New York federal court decision that warned of "bankruptcy tourism" in Chapter 15 cases has given creditors new recourse to object to cross-border restructurings, landing at a moment when more U.S. companies... (more story)

Justices Turn Away Ex-Ruby Tuesday Execs' Benefits Case

The U.S. Supreme Court on Tuesday rejected former Ruby Tuesday executives' bid for review of their claims that Regions Bank underpaid them after their deferred compensation benefits were liquidated in bankrupt... (more story)

Getty Images To File Ch. 11, Go Private In Koch-Backed Deal

Getty Images said Monday it plans to file for Chapter 11 in the coming weeks after reaching a restructuring agreement that would take the company private and includes up to $533 million in new equity from Koch... (more story)

Real Estate Recap: Q3 Deals, NYC Renos, Calif. Data Center Laws

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a look at the top real estate deals of the third quarter, and conversations with leading attorneys on older ... (more story)

Judge Backs Purdue Trusts, Orders Sackler Filings Withdrawn

Members of the Sackler family broke terms of settlement agreements in Purdue Pharma's Chapter 11 plan, a New York bankruptcy judge has ruled, directing them to end state court litigation and title challenges o... (more story)

US Trustee Questions Releases In SF Archdiocese Ch. 11 Plan

The U.S. Trustee's Office asked a California bankruptcy judge to reject the Archdiocese of San Francisco's Chapter 11 plan disclosure unless it explains why sexual abuse claimants must waive their claims to be... (more story)

US Trustee Says Buffalo Diocese Insurer Deal Overreaches

The U.S. Trustee's Office has urged a New York bankruptcy judge to reject what it described as a bid by the Diocese of Buffalo to shield insurance carriers from third-party legal claims through a $177 million ... (more story)

Calif. Friars Seek OK For $26M Insurer Deal

An organization of Franciscan Friars in California has asked a bankruptcy judge to approve a $25.7 million settlement with its insurance carriers that the debtor said will help fund a trust with a total value ... (more story)

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

The past week in London has seen PrivatBank sue its former oligarch owner, building materials provider Kingspan face a €100 million ($112 million) claim over Grenfell Tower cladding and energy giants VaroPreem... (more story)

Mid Cap More

Health Co. Mirra-Access Hits Ch. 11 To Deal With $400M Loan

Healthcare company Mirra-Access is seeking Chapter 11 protection in a Florida bankruptcy court with more than $100 million in debt and plans to restructure a loan facility with a firm tied to Franklin Templeton.

Character.AI Files Ch. 11 With $20M Sale Bid From Disney

Artificial intelligence entertainment platform Character Technologies has filed for Chapter 11 protection in Delaware with more than $50 million in debt, saying it was sunk by high operating and legal costs an... (more story)

Flood Suits Will Go On After Camp Mystic Control Ruling

A Texas bankruptcy judge agreed to modify the automatic stay in the Chapter 11 case of summer camp operator Camp Mystic late Friday to allow lawsuits from the victims of a deadly 2025 flood to proceed once the... (more story)

Australian Debtors' $1,250 Retainers Meet Ch. 15 Test

The liquidator of companies owned by a family accused of a decadeslong tax fraud scheme in Australia have adhered to Chapter 15's eligibility requirements with $1,250 retainers, a New York federal judge has fo... (more story)

Camp Mystic Says No Ch. 11 Trustee Needed After Changes

Bankrupt sleep-away camp operator Camp Mystic has told a Texas court the appointment of a Chapter 11 trustee is not justified since the debtor made adjustments to its corporate governance practices and install... (more story)

Nikola's Pardoned Ex-CEO Seeks To Flip Ch. 11 Claim Ruling

The former CEO of electric-truck maker Nikola has asked the Third Circuit to review a Delaware federal judge's decision that his nearly $70 million bankruptcy claim against his former company was properly subo... (more story)

NJ Event Venue Gets OK For Reworked Ch. 11 Plan

The company behind a New Jersey event venue called The Chariot received confirmation of its Chapter 11 plan, which will hand over the reorganized company to two investors.

Fla. Court Vacates $5 Law Firm Sales In Litigation Funder Suit

A Florida state court vacated an order allowing a discount sale of an attorney's $20 million worth of shares in three law firms to a litigation funder seeking to collect on an out-of-state judgment, saying the... (more story)

WilmerHale Appoints New Chair For Restructuring Team

WilmerHale announced Wednesday that it has appointed a former Latham & Watkins LLP partner to chair the firm's transactional bankruptcy and financial restructuring practice.

Texas Apartment Owner Hits Ch. 11 With Over $50M In Debt

A single-asset real estate holding firm tied to an apartment complex near Dallas has filed for Chapter 11 relief in the Northern District of Texas, listing more than $50 million in liabilities.

Expert Analysis

Data Sale In Spirit Bankruptcy Raises Novel Privacy Risks

Spirit Airlines' planned sale of deidentified business data to Google for artificial intelligence training exposes... (more story)

Why And How To Build A Neurodiversity-Informed Practice

By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or lea... (more story)

Illinois Banking Brief: All The Notable Legal Updates In Q3

Recent banking developments in Illinois include significant new consumer protection legislation, three meaningful ... (more story)