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Bankruptcy
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									September 10, 2025
									Fla. Judge Chides Attys Over Discovery In High-Rise Ch. 11A Florida federal judge on Wednesday chided attorneys over discovery deadlines in a Chapter 11 bankruptcy case involving a downtown Miami high-rise development, setting an October deadline to produce documents after requests weren't fulfilled on time. 
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									September 10, 2025
									Hydroxycut Maker Iovate Gets Ch. 15 Relief As Case Kicks OffA New York bankruptcy judge agreed Wednesday to temporarily stay creditor actions against Canadian dietary supplement business Iovate Health Sciences one day after the Hydroxycut maker sought Chapter 15 protection. 
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									September 10, 2025
									NIST Links Start Of Surfside Towers Collapse To Pool DeckThe National Institute of Standards and Technology's ongoing investigation into the 2021 partial collapse of the Champlain Towers South in Surfside, Florida, shows the collapse likely began in the 12-story residential building's pool deck, rather than in the main tower structure. 
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									September 10, 2025
									$36M DOL Award Unjustified, Nursing Homes Tell 3rd Circ.A group of bankrupt nursing homes told a Third Circuit panel Wednesday that a nearly $36 million judgment against it for not paying employees overtime should be thrown out because the judge who ordered it found sweeping Fair Labor Standards Act violations across the company without the support of the evidence. 
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									September 10, 2025
									Guo Trustee, Law Firms Get OK For Deals On $4.4M DisputesA Connecticut bankruptcy judge has approved deals between Chinese exile Miles Guo's Chapter 11 trustee and the law firm McDermott Will & Schulte, four other law firms and one consulting firm, ending $4.4 million in potential clawback claims without formal litigation. 
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									September 10, 2025
									Firm Seeks To Toss Lowenstein Sandler Claims Over AffidavitTrif & Modugno LLC has reiterated to the Essex County Superior Court in New Jersey that part of a malpractice suit filed against it by Lowenstein Sandler LLP must be dismissed because the national firm did not file an affidavit of merit within the time limit. 
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									September 10, 2025
									Bowling Chain Pinstripes Gets Interim OK Of $3.8M DIP LoanA Delaware bankruptcy judge on Wednesday granted interim approval for Italian eatery and bowling chain Pinstripes' $3.8 million debtor-in-possession financing from its prepetition lender, which will help the company navigate its Chapter 11 proceedings and pursue a going-concern sale. 
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									September 10, 2025
									Subprime Lender Tricolor Auto Hits Ch. 7 With Over $1B DebtTricolor Holdings, a Texas-based company that provides car loans to low-income buyers, and several affiliates filed for Chapter 7 liquidation in Texas bankruptcy court Wednesday with more than $1 billion of debt. 
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									September 09, 2025
									Ariz. Developer, Son Get Prison For $280M Sports Park FraudAn Arizona developer and his son were both sentenced to prison Tuesday for deceiving investors into sinking $280 million into a Phoenix-area sports park by forging documents and inflating revenue projections for the facility, which entered bankruptcy soon after it opened. 
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									September 09, 2025
									Hoodie Co. Wants $3.6M In Fees After Trial Loss OverturnedA sweatshirt maker wants $3.6 million in attorney fees from a rival after a $21 million judgment that forced it into bankruptcy was overturned by the Federal Circuit in July, saying the judgment was based on meritless allegations all along. 
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									September 09, 2025
									2nd Circ. Allows NY AG To Curb Nonprofit's Debtor CoachingThe Second Circuit vacated a lower court order that prevented New York Attorney General Letitia James from stopping a bankruptcy education nonprofit from advising low-income debtors Tuesday, saying that while the state's unauthorized practice of law statutes regulate speech, they are content neutral and should be reviewed under intermediate scrutiny. 
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									September 09, 2025
									Ohio Aerospace Manufacturer Hits Ch. 11 To Rework DebtCincinnati-based manufacturer CTL-Aerospace Inc. filed for Chapter 11 with at least $15 million in debt saying material sourcing troubles last year left it with an operating loss with limited funding avenues. 
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									September 09, 2025
									Approach The Bench: Judge Shannon Discusses BankruptcyBankruptcy might seem like a technical and obscure practice area, but not to U.S. Bankruptcy Judge Brendan Shannon. 
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									September 09, 2025
									Bowling And Eatery Chain Pinstripes Hits Ch. 11 Seeking SaleIllinois-based bowling and restaurant chain Pinstripes has filed for Chapter 11 protection in Delaware bankruptcy court with more than $143 million in debt and plans to seek a going concern sale. 
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									September 08, 2025
									FDIC Bests Farella Braun In Dispute Over SVB Legal FeesA California federal judge has sided with the Federal Deposit Insurance Corp. in a dispute over $48,800 in unpaid legal bills that Farella Braun & Martel LLP sought for work it did before Silicon Valley Bank's collapse, finding the firm's invoices lacked key details like hours and billing rates. 
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									September 08, 2025
									London Insurers Owe Full Coverage Limits To NY ArchdioceseCertain underwriters at Lloyd's of London and other London market insurers must pay their full applicable policy limits under policies issued to the Archdiocese of New York, a state court ruled Monday in the archdiocese's suit seeking coverage for thousands of sexual abuse claims. 
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									September 08, 2025
									Calif. Says Defunct SVB Owes State Over $76M In TaxesThe former parent company of Silicon Valley Bank owes the state of California upward of $76 million in taxes on income from a portfolio of securities for years leading up to the bank's failure, a state taxing authority told a New York bankruptcy court. 
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									September 08, 2025
									Atty Tells Disciplinary Panel $250K Demand Wasn't BlackmailA Pennsylvania attorney facing discipline for allegedly threatening to blackmail a client's debtor was rightfully trying to collect on a long-standing, highly litigated debt, a state disciplinary hearing panel heard Monday. 
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									September 08, 2025
									Catching Up With Delaware's Chancery CourtLast week at the Delaware Court of Chancery, a bankruptcy administrator for a generic drugmaker formerly known as Teligent was told he can proceed with duty of oversight claims against most former officers and directors of the company, who the administrator said was complicit in the company's collapse. In an opinion, the Court of Chancery cites its 1996 decision In re Caremark International Inc. Derivative Litigation, which refined director duties of care and oversight. 
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									September 08, 2025
									Attys Accused Of Filing Fake Docs In Miss America DisputeA real estate developer, his associates and his current and past attorneys submitted fake contracts as evidence of their ownership of the company that runs the Miss America pageant in a $500 million lawsuit and should face sanctions, the plaintiffs — who allege they're the rightful owners — told a Florida federal judge Saturday. 
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									September 08, 2025
									23andMe's Ch. 11 Sale Flouted State Privacy Law, Calif. SaysThe state of California has asked a Missouri federal judge to undo the $305 million bankruptcy sale of consumer DNA testing group 23andMe, arguing it sidestepped state consumer data protections. 
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									September 08, 2025
									Spirit Airlines Cleared To Tap Over $275M To Fund Ch. 11Budget air carrier Spirit Airlines secured a New York bankruptcy judge's approval Monday of its bid to borrow up to $275 million and use other funds to support the business as Spirit gears up to reject aircraft leases during its Chapter 11. 
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									September 05, 2025
									Near Ch. 11 Litigation Trustee Sues MobileFuse In Del.A litigation trustee for bankrupt data analytics company Near Intelligence Inc. has sued New York-based digital ad company MobileFuse LLC in the U.S. Bankruptcy Court for Delaware, alleging a multiyear circular payment conspiracy that cost Near more than $50.7 million. 
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									September 05, 2025
									Nikola Ch. 11 Plan OK'd Despite Founder's Pardon ObjectionA Delaware bankruptcy judge Friday approved the Chapter 11 plan of electric-truck maker Nikola Corp., overruling an objection from the company's former CEO that was tied to his treatment under the plan and a pardon issued by President Donald Trump. 
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									September 05, 2025
									Not That Zuckerberg: Atty Sues Meta Over FB Page TakedownIndianapolis bankruptcy attorney Mark S. Zuckerberg is suing Meta Platforms Inc. after his firm's commercial Facebook account was repeatedly suspended because of his shared name with the tech company's CEO and founder. 
Expert Analysis
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								How BigLaw Executive Orders May Affect Smaller Firms  Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner. 
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								Opinion Lawsuits Shouldn't Be Shadow Assets For Foreign Capital  Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association. 
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								How To Accelerate Your Post-Attorney Career Transition  Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University. 
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								Series Law School's Missed Lessons: Be An Indispensable Associate  While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson. 
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								23andMe Case Highlights Privacy Complexities In Ch. 11  Attorneys at Pryor Cashman discuss the interplay between a sale of personally identifiable information and bankruptcy law in light of genetics and health company 23andMe's recent filing for Chapter 11 relief. 
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								Series Birding Makes Me A Better Lawyer  Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden. 
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								Series Adapting To Private Practice: From DOJ Leadership To BigLaw  The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury. 
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								Law Firm Executive Orders Create A Legal Ethics Minefield  Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter. 
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								Firms Must Embrace Alternative Billing Models Or Fall Behind  As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer. 
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								How Attorneys Can Master The Art Of On-Camera Presence  As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett. 
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								Series Baseball Fantasy Camp Makes Me A Better Lawyer  With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley. 
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								Series Adapting To Private Practice: From Fed. Prosecutor To BigLaw  Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright. 
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								Perfecting Security Interests In Renewable Energy Tax Credits  The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson. 
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								Firms Still Have Lateral Market Advantage, But Risks Persist  Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence. 
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								Opinion We Must Allow Judges To Use Their Independent Judgment  As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.