Bankruptcy

  • December 17, 2025

    Jackson Walker Wants Settlements Heard Before Romance Trial

    Following a Texas federal judge's decision to hold off on reviewing malpractice settlements with former bankruptcy clients, Jackson Walker LLP asked the court to reconsider, as the pending motions could save parties time and money.

  • December 17, 2025

    EV Battery Swapping Co. Enters Chapter 11 With Sale Plans

    Ample Inc. filed for Chapter 11 protections in Texas to sell its business, saying it wasn't able to raise enough money to commercially scale up its electric vehicle battery swapping stations.

  • December 17, 2025

    First Brands' Former CEO Moves To Dismiss Fraud Case

    Patrick James, the founder and former CEO of First Brands Group, urged a Texas bankruptcy judge to toss an adversary suit the auto-parts maker filed targeting him, saying the complaint failed to adequately accuse him of fraudulent activity.

  • December 17, 2025

    Tricolor Execs Charged With Fraud In Billion-Dollar Collapse

    A Manhattan federal grand jury has indicted the ex-CEO and ex-chief operating officer of bankrupt subprime auto lender Tricolor Holdings, saying they engaged in years of fraud on the company's lenders and investors.

  • December 16, 2025

    Luminar Can Use $25M Cash Reserves For Speedy Ch. 11

    A Texas bankruptcy judge Tuesday agreed to allow Luminar Technologies Inc., a bankrupt developer of lidar technology for autonomous vehicles, to use its $25 million in cash collateral to fund its Chapter 11 case as it heads to a planned sale.

  • December 16, 2025

    No Jail For Controller Who Assisted Feds In FTE Fraud Case

    A Manhattan federal judge allowed a former financial controller for FTE Networks to avoid prison Tuesday for participating in a $13 million revenue fraud at the Florida telecom, crediting the "reluctant conspirator" for an extensive, five-year course of cooperation.

  • December 16, 2025

    Levona Says New Docs Show Reed Smith Lied In $102M Feud

    Levona Holdings Ltd. is pressing a Manhattan federal court to vacate what it calls a fraudulent $102 million arbitral award issued to international shipping company Eletson, arguing that new documents released under the crime-fraud exception show that the company and its prior attorneys at Reed Smith LLP lied during the arbitration.

  • December 16, 2025

    IRobot Can Use Cash Collateral In Ch. 11, Judge Says

    A Delaware bankruptcy judge Tuesday allowed the company behind the Roomba robot vacuum to access cash collateral, which would enable the company to operate during Chapter 11 proceedings and move to implement its prepackaged insolvency plan.

  • December 16, 2025

    Bullivant Houser Files For Ch. 11 After November Closure

    The now-shuttered Bullivant Houser Bailey PC has filed for Chapter 11 protection in California, with its chief dissolution officer saying the bankruptcy was filed so the firm can liquidate its assets as it continues "an orderly wind-down" of its operations.

  • December 16, 2025

    Quinn Emanuel Fee Fight Bound For Texas Or Mass. Court

    A Massachusetts federal judge is weighing whether to kick Quinn Emanuel's bid for $30 million in legal fees from a former client's parent company, Nano Dimension Ltd., to state court or to the Texas bankruptcy court where the client is undergoing Chapter 11 proceedings.

  • December 16, 2025

    Willkie Adds Another Kirkland Restructuring Pro In New York

    Willkie Farr & Gallagher LLP has added another restructuring attorney from Kirkland & Ellis LLP after recently welcoming a Kirkland attorney as chair of its restructuring group.

  • December 16, 2025

    Medical Device Maker Zynex Hits Ch. 11 With Sale Plans

    Zynex Inc., a pain management medical device maker, filed for bankruptcy protection in Texas with at least $66.7 million in debt and plans to sell the business backed by a stalking horse bid from its creditors.

  • December 15, 2025

    Trustee Sues SafeMoon Leaders Over Alleged Fraud Scheme

    The liquidating trustee for cryptocurrency asset company SafeMoon has filed a lawsuit in Utah bankruptcy court accusing former top executives of looting tens of millions of dollars from "liquidity pools" and ultimately doing at least $100 million in damage to the company.

  • December 15, 2025

    Fast-Track Sale Timeline Denied In Furniture Co. Ch. 11

    A Delaware bankruptcy judge rejected an expedited timeline for the sale of the assets of home furnishing retailer American Signature Furniture, finding that the proposed 34-day process would not give enough time for an investigation of insider claims and the appointment of a consumer privacy ombudsman.

  • December 15, 2025

    Spirit Gets Another $100M; Probe Finds No Ch. 22 Bad Faith

    Spirit Airlines will be able to tap into an additional $100 million of post-bankruptcy financing, it said Monday, the same day that an examiner found no evidence of bad faith in the budget airline's back-to-back Chapter 11 filings.

  • December 15, 2025

    Ardagh's Financing Unit Files Ch. 15 With Nearly $2B Debt

    A subsidiary of sustainable metal and glass packaging company Ardagh Group has filed for Chapter 15 recognition in New York, seeking U.S. court recognition of restructuring proceedings pending in Luxembourg.

  • December 15, 2025

    Self-Driving Tech Co. Luminar Hits Ch. 11 With Plans To Sell

    Luminar Technologies Inc., which develops lidar technology used in autonomous vehicles, filed for bankruptcy protection in Texas on Monday with at least $500 million in debt and plans to sell its assets.

  • December 15, 2025

    Roomba Maker IRobot Hits Ch. 11 To Hand Control To Lenders

    IRobot Corp., the maker of the Roomba robot vacuums, has filed for Chapter 11 protection in Delaware bankruptcy court with over $250 million in debt and a plan to hand control of its business to its secured creditor.

  • December 12, 2025

    Prospect Medical Wins OK For Chapter 11 Plan

    A Texas bankruptcy judge approved Prospect Medical Holdings Inc.'s Chapter 11 plan after overruling a slew of objections during an all-day hearing Friday and allowing the healthcare group to hand off its remaining hospitals and pursue litigation to repay creditors.

  • December 12, 2025

    Modivcare Wins Approval For Debt Swap In Ch. 11

    A Texas bankruptcy judge agreed Friday to approve medical transportation company Modivcare's Chapter 11 plan, following a four-day valuation trial, clearing the way for the debtor's planned $1.1 billion debt-equity swap.

  • December 12, 2025

    PrimaLend's Parent Co. Files Ch. 11 With Equity Holder OK

    PCAP Holdings LP, the parent company of bankrupt auto dealership lender PrimaLend Capital Partners, itself filed for Chapter 11 protection on Friday after PrimaLend's noteholders complained that the parent was not also included in the initial bankruptcy case.

  • December 12, 2025

    First Brands Seeks Access To $250M As DIP Loans Drop

    Struggling auto parts maker First Brands said on Friday it needs quick access to $250 million in cash that's being held by customers or stuck in segregated accounts, telling a Texas bankruptcy judge a decline in the trading prices of its Chapter 11 loans has sparked "unfounded concerns" about its health.

  • December 12, 2025

    Alex Jones Atty's Pared-Down Suspension Upheld On Appeal

    A Connecticut appeals court on Friday upheld the two-week suspension of former Alex Jones lawyer Norm Pattis, agreeing that a trial court judge was within her discretion to bench the attorney over his law firm's handling of Sandy Hook Elementary School massacre victims' medical records.

  • December 12, 2025

    Azul's Opt-Out Releases Will Be Approved, Judge Signals

    A New York bankruptcy judge said Friday he would toss an objection the U.S. Trustee's Office had raised against Brazilian airline Azul's third-party releases, clearing a key hurdle to confirmation of the debtor's plan to cut more than $2 billion of debt under a Chapter 11 plan.

  • December 11, 2025

    Fla. Judge OKs Ch. 11 Plan For $1.7B Miami High-Rise Plot

    A Florida bankruptcy judge has confirmed the Chapter 11 plan for the owners of a prized piece of land proposed for a high-rise construction along the skyline of downtown Miami that could be worth more than $1 billion once redeveloped.

Expert Analysis

  • How AI May Reshape The Future Of Adjudication

    Author Photo

    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

    Author Photo

    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • Series

    Volunteering At Schools Makes Me A Better Lawyer

    Author Photo

    Speaking to elementary school students about the importance of college and other opportunities after high school — especially students who may not see those paths reflected in their daily lives — not only taught me the importance of giving back, but also helped to sharpen several skills essential to a successful legal practice, says Guillermo Escobedo at Constangy.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

    Author Photo

    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • Series

    Law School's Missed Lessons: Appreciating Civil Procedure

    Author Photo

    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use

    Author Photo

    The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.

  • In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable

    Author Photo

    The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.

  • How Attorneys Can Become Change Agents For Racial Equity

    Author Photo

    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.

  • Series

    Running Marathons Makes Me A Better Lawyer

    Author Photo

    After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.

  • Series

    Law School's Missed Lessons: Supporting A Trial Team

    Author Photo

    While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.

  • Series

    Adapting To Private Practice: From US Attorney To BigLaw

    Author Photo

    When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.

  • The Ins And Outs Of Consensual Judicial References

    Author Photo

    As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.

  • Opinion

    The BigLaw Settlements Are About Risk, Not Profit

    Author Photo

    The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.

  • Series

    Brazilian Jiujitsu Makes Me A Better Lawyer

    Author Photo

    Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.

  • Series

    Power To The Paralegals: An Untapped Source For Biz Roles

    Author Photo

    Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Bankruptcy archive.