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Bankruptcy
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									October 08, 2025
									Judge To OK Neiman Marcus Trust's Altered Payout SchemeA Texas bankruptcy judge said on Wednesday he would allow the liquidating trustee in reorganized debtor Neiman Marcus' bankruptcy case to make distributions to unsecured creditors largely along the trustee's requested lines but without an abbreviated deadline for unclaimed funds to revert to the trust. 
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									October 07, 2025
									Prospect Medical Fights $1M Software Fee Claims In Ch. 11Prospect Medical Holdings Inc. says the pending Chapter 11 proceedings for its hospitals in California and Connecticut should keep two technology companies from demanding more than $1 million in payment for disputed software and IT contracts, according to Prospect's filings with a Texas bankruptcy court on Monday. 
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									October 07, 2025
									Puerto Rico Utility Bondholders Pull Out Of Reorg DealA group of Puerto Rico Electric Power Authority bondholders Tuesday informed a bankruptcy judge that they were following through on a promise to exit a restructuring agreement and join other bondholders in supporting an alternative bankruptcy plan for PREPA. 
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									October 07, 2025
									Dolphin Co. Creditor Balks At Credit Bid For Ch. 11 SaleA financial intermediary for dolphin park owner Leisure Investment Holdings LLC is asking the Delaware bankruptcy court to prohibit credit bidding in the park owner's Chapter 11 auction in order to preserve its $4 million claim from a judgment in 2017. 
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									October 07, 2025
									3rd Circ. Won't Rehear J&J Investor Cert. AppealThe U.S. Court of Appeals for the Third Circuit declined Tuesday to reconsider backing a New Jersey federal judge's class certification order in a Johnson & Johnson investor action alleging the company artificially inflated its stock price by failing to disclose cancer risks. 
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									October 07, 2025
									Global Wound Care Flags Medicare Delay Amid ShutdownSpecialty medical practice Global Wound Care has told a Texas bankruptcy judge it is waiting on $27.2 million in Medicare reimbursement payments, saying the risk that the delays could put it into a liquidity crisis is compounded by the federal government shutdown. 
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									October 07, 2025
									Monster.com Scores OK For Ch. 11 Plan After Creditor DealA Delaware bankruptcy judge on Tuesday approved job search site CareerBuilder + Monster's Chapter 11 plan after the debtor struck a deal that could help holders of unsecured claims land a recovery. 
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									October 06, 2025
									Convicted Investor Puts More Properties Into Ch. 11A company and several affiliates associated with convicted real estate investment fraudster Moshe "Mark" Silber filed for Chapter 11 on Monday in New Jersey bankruptcy court with up to 199 estimated creditors and up to $500 million in estimated liabilities. 
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									October 06, 2025
									Iron Hill Brewery Chain Hits Ch. 7 After Closing RestaurantsRestaurant chain Iron Hill Brewery filed for Chapter 7 protection in New Jersey court about 10 days after it abruptly closed all of its locations and told employees it would be pursuing bankruptcy. 
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									October 06, 2025
									Puerto Rico Finance Board Members' Removal PausedA federal district court judge blocked President Donald Trump's removal of three members of the Financial Oversight and Management Board for Puerto Rico who had accused the president of illegally firing them without cause. 
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									October 06, 2025
									Orrick Adds 37-Lawyer CLO Team From CadwaladerOrrick Herrington & Sutcliffe LLP announced Monday that it has opened a new office in Charlotte, North Carolina, and added a 37-lawyer collateralized loan obligations and asset-backed lending team from Cadwalader Wickersham & Taft, part of a larger exodus of Cadwalader attorneys tracked by Law360 Pulse. 
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									October 06, 2025
									Justices Deny SEC Whistleblower Award Calculation AppealThe U.S. Supreme Court on Monday declined to take up two whistleblowers' case alleging the U.S. Securities and Exchange Commission shortchanged them after they helped to uncover purportedly the largest fraud in Texas history, after the pair argued the agency improperly and retroactively applied a rule amendment to dilute their awards. 
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									October 06, 2025
									High Court Turns Down 6 Patent Cases At Start Of TermThe U.S. Supreme Court on Monday rejected six petitions in patent-related cases, taking some of its first actions on intellectual property matters this term. 
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									October 03, 2025
									Up First At High Court: Election Laws & Conversion TherapyThe U.S. Supreme Court will hear oral arguments in six cases during the first week of its October 2025 term, including in disputes over federal candidates' ability to challenge state election laws, Colorado's ban on conversion therapy, and the ability of a landlord to sue the U.S. Postal Service for allegedly refusing to deliver mail. 
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									October 03, 2025
									4 Top Supreme Court Cases To Watch This TermAfter a busy summer of emergency rulings, the U.S. Supreme Court will kick off its October 2025 term Monday with only a few big-ticket cases on its docket — over presidential authorities, transgender athletes and election law — in what might be a strategically slow start to a potentially momentous term. Here, Law360 looks at four of the most important cases on the court's docket so far. 
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									October 03, 2025
									Wells Fargo To Pay $33M To End 'Free Trial' Scam SuitWells Fargo agreed to pay $33 million to resolve allegations it played a supporting role in two "free trial" marketing ploys that pulled $200 million from consumers, schemes that were the subject of since-settled Federal Trade Commission cases brought in 2018 against Triangle Media Corp. and Apex Capital Group LLC. 
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									October 03, 2025
									Breakers Mezz I, Biz Related To Hotel Restoration, Hits Ch. 11An entity seemingly related to the renovation of a nearly 100-year-old hotel in Long Beach, California, entered Chapter 11 bankruptcy in the Golden State, hauling at least $50 million in debt. 
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									October 03, 2025
									Judge Says Stoli Can't Pay Back Its Bank With BourbonA Texas bankruptcy judge on Friday rejected Stoli Group USA's Chapter 11 plan, saying the vodka maker's proposal to pay off $78 million in secured debt with 35,000 barrels of unfinished bourbon is unfeasible in the face of a crashing worldwide market for the spirit. 
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									October 03, 2025
									Linqto's Private Stock Deal Clears Bankruptcy Court HurdleInvestment platform Linqto received a Texas bankruptcy judge's approval for a novel Chapter 11 settlement with customers that would offer them a version of the exposure to private startups the company purported to sell before seeking Chapter 11 protection in July. 
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									October 03, 2025
									LA Film Site Agent Files Ch. 11 After Wildfires, MCA LoansImage Locations Inc., a company that helps movie and television productions rent space to film, filed for small-business Chapter 11 in California bankruptcy court, saying it needed protection from lenders which extended financing after the Los Angeles wildfires led to the cancellation of film projects. 
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									October 03, 2025
									Jackson Walker, Ex-Insurer Settle Judge Romance ClaimsIn the latest settlement with Jackson Walker over a former partner's secret romance with an ex-bankruptcy judge, the litigation trustee for defunct life insurance bond settler GWG Holdings Inc. reached a $405,000 deal Friday to settle its claims against the law firm. 
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									October 03, 2025
									The Roberts Court At 20: How The Chief Is Reshaping AmericaTwenty years after John Roberts became the 17th chief justice of the United States, he faces a U.S. Supreme Court term that's looking transformative for the country and its institutions. How Justice Roberts and his colleagues navigate mounting distrust in the judiciary and set the boundaries of presidential authority appear increasingly likely to define his time leading the court. 
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									October 02, 2025
									Jackson Walker Can't Duck Judge Romance Suit, Court ToldA group of bondholders Thursday urged a Texas federal judge not to throw out its suit over a former Jackson Walker LLP partner's secret romance with a bankruptcy judge, arguing that the firm "has a problem with telling the truth" and it's "back at it again." 
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									October 02, 2025
									Netflix Escapes Documentary IP Suit From Atty's Film Co.A film company owned by a trial lawyer this week lost its lawsuit accusing Netflix Inc. of infringing a copyright in its documentary about sexual abuse in the Boy Scouts of America, with a New Jersey federal judge finding the film deals with uncopyrightable facts. 
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									October 02, 2025
									Wind Co.'s Pre-Ch. 11 Uptier Deal Draws Suit From CreditorsThe official committee of unsecured creditors in the Chapter 11 of wind turbine blade maker TPI Composites has brought an adversary action against the debtor in Texas bankruptcy court, alleging a prepetition uptier transaction made preferred equity holder Oaktree a secured creditor to the detriment of unsecured noteholders. 
Expert Analysis
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								What 2 Profs Noticed As Transactional Law Students Used AI  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. 
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								State AGs Are Turning Up The Antitrust Heat On ESG Actions  Recent antitrust developments from red state attorneys general continue a trend of environmental, social and governance scrutiny, and businesses exposed to these areas should conduct close examinations of strategy and potential material risk, say attorneys at Morgan Lewis. 
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								Rebuttal BigLaw Settlements Should Not Spur Ethics Deregulation  A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project. 
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								5 Ways Lawyers Can Earn Back The Public's Trust  Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law. 
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								Series Hiking Makes Me A Better Lawyer  On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag. 
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								Series Law School's Missed Lessons: Negotiation Skills  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. 
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								Opinion Bar Exam Reform Must Expand Beyond A Single Updated Test  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. 
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								A Simple Way Courts Can Help Attys Avoid AI Hallucinations  As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors. 
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								Asbestos Trusts And Tort Litigation Are Still Not Aligned  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. 
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								Series Creating Botanical Art Makes Me A Better Lawyer  Pressing and framing plants that I grow has shown me that pursuing an endeavor that brings you joy can lead to surprising benefits for a legal career, including mental clarity, perspective and even a bit of humility, says Douglas Selph at Morris Manning. 
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								Opinion The Legal Education Status Quo Is No Longer Tenable  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. 
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								E-Discovery Quarterly: Rulings On Relevance Redactions  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. 
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								Opinion Section 1983 Has Promise After End Of Nationwide Injunctions.jpg)  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. 
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								Series Playing Soccer Makes Me A Better Lawyer  Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo. 
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								Series Law School's Missed Lessons: Learning From Failure  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.