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November 13, 2026
The bankrupt operator of 314 Wendy's restaurants is asking a Michigan bankruptcy judge to approve a deal with the owner of the Wendy's chain to end a fight over its franchise agreements with a nearly $46 million baseline bid from the chain for half the locations.
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November 13, 2026
Liquidators of the Cayman Islands branch of collapsed Silicon Valley Bank asked a U.S. appellate court to rule the Federal Deposit Insurance Corp. wasn't a successor for ownership of claims they brought against the FDIC itself, saying a lower court's "fundamentally incorrect holdings upend the core premise of international banking."
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November 13, 2026
Adam Rogoff of Herbert Smith Freehills Kramer LLP led Del Monte through its complex sale process in Chapter 11 and advised the state of Connecticut in the more than $1 billion bankruptcy case of Prospect Medical Holdings, earning him a spot as one of the 2026 Law360 Bankruptcy MVPs.
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November 13, 2026
Those who worked within the walls of Weil Gotshal & Manges LLP over its 95-year history have built up countless personal and professional memories. Here, six former attorneys and staff share some of their top memories.
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November 12, 2026
A Zurich unit urged a New York bankruptcy court to reject Revlon's bid to enforce its Chapter 11 reorganization plan, saying the company is attempting to repackage a dispute over coverage for thousands of bodily injury claims concerning the cosmetic company's hair straightening products into a dispute over plan provisions.
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November 12, 2026
As the approximately 1,000 professional staff members at Weil Gotshal & Manges LLP look for new roles, they're likely to encounter a more difficult job market than the firm's attorneys, recruiters told Law360 Pulse.
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November 12, 2026
Artificial intelligence-moderated social media platform WeAre8 is asking a Delaware bankruptcy judge to give it the go-ahead for an asset auction in December with a $1.2 million baseline credit bid from the provider of its Chapter 11 financing.
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November 12, 2026
An ad hoc group of Getty stockholders has urged a Delaware bankruptcy judge to not grant final approval of the company's $143 million bankruptcy financing package, arguing the deal is designed to hand control of the business to the Getty and Koch families while leaving minority investors with nothing.
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November 12, 2026
A team of 120 private funds attorneys from Weil Gotshal & Manges LLP, including 23 partners, is joining Gibson Dunn & Crutcher in New York, London and Washington, D.C., as their predecessor firm prepares to close its doors, according to an announcement on Thursday.
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November 10, 2026
The trustees overseeing Tom Girardi's and his former law firm's bankruptcies struck a deal to put their claims against each other behind other approved general unsecured claims, according to a California bankruptcy court filing, with the firm's trustee saying neither estate is expected to collect on those claims.
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November 10, 2026
Military subcontractor Fox Logistics has argued a federal judge's recent ruling in prime contractor Noble Supply's bankruptcy contradicts a different decision from a circuit court that Fox is appealing to the U.S. Supreme Court.
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November 10, 2026
Partners at Weil Gotshal & Manges LLP voted on Tuesday to dissolve the firm and install a three-member committee to oversee the wind-down of operations.
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November 10, 2026
A New Jersey bankruptcy judge on Tuesday denied the Office of the U.S. Trustee's bid to convert Invatech's bankruptcy to a Chapter 7 as the former generic pharmaceutical group works to wrap up an administratively insolvent Chapter 11.
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November 10, 2026
A flight attendants union said Tuesday that it and other unions have withdrawn their objections to Spirit Airlines' sale of former employees' data to Google in the airline's New York bankruptcy case, after securing new limits on the data included in the sale and safeguards for its de-identification.
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November 10, 2026
Mercer International Inc. is seeking a speedy exit from Chapter 11, winning approval during its first bankruptcy court hearing on Tuesday to set a mid-December date for confirmation of its prepackaged plan to restructure $1.6 billion of funded debt and hand control of the company to creditors.
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November 09, 2026
Alex Jones has asked the Texas Supreme Court to review discovery sanctions orders that led to a since-trimmed $50 million judgment in a Sandy Hook family's Lone Star State emotional distress case, arguing a judge held him "liable for everything" without addressing state or federal constitutional free speech protections.
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November 09, 2026
A former chief financial officer of Vesttoo has urged the Delaware bankruptcy court to let the insolvent Israeli fintech's insurance carriers cover more than $1.5 million in legal fees stemming from fraud-related investigations and proceedings in multiple countries, arguing the debtor's U.S. bankruptcy protection should not prevent him from accessing the insurance funds.
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November 09, 2026
A Tennessee federal judge reversed an order stopping the government from collecting an aircraft trader's $14 million tax debt, saying a bankruptcy court improperly concluded that the government's position that the debt couldn't be discharged was at odds with its receipt of $3.7 million in related litigation.
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November 09, 2026
In September, Weil Gotshal & Manges LLP released an official statement signaling that it was not engaged in merger talks. A month later, the firm confirmed that it was exploring a merger.
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November 09, 2026
A New York bankruptcy judge Monday found that disgraced insurance mogul Greg Lindberg cannot pause a $13 million settlement between one of his companies and parties he is accused of fraudulently funneling money to while he appeals its approval.
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November 09, 2026
As more former Weil Gotshal & Manges LLP attorneys find new homes for their practices while the firm winds down operations, Latham & Watkins LLP confirmed Monday that it hired five partners and one counsel across multiple U.S. offices.
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November 09, 2026
Retailer The Children's Place has filed for Chapter 11 protection in New Jersey bankruptcy court with $881.3 million in debt and a plan to sell its assets during the case.
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November 06, 2026
Norway's central bank announced Friday that KPMG LLP has agreed to pay $224.5 million to settle a class action in California federal court accusing it of ignoring red flags in auditing Silicon Valley Bank, which collapsed in 2023.
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November 06, 2026
A Connecticut bankruptcy judge has approved a deal splitting rights to millions in assets between convicted Chinese securities fraudster Miles Guo's Chapter 11 trustee and federal prosecutors, with roughly $153 million in cash recoveries plus half of the sale proceeds from a New Jersey mansion headed to the bankruptcy estate.
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November 06, 2026
Kansas City Chiefs player Rashee Rice has filed for Chapter 7 in Texas bankruptcy court while facing a domestic abuse lawsuit by a former girlfriend.