Bankruptcy

  • January 02, 2026

    The Top General Liability Cases To Watch In 2026

    State courts across the country will evaluate general liability policy language in the new year as the Illinois Supreme Court tackles whether certain regulatory permits serve as an exception to a pollution exclusion and a Delaware trial court considers possible coverage of talc claims. Here, Law360 looks at the top cases to watch in 2026.

  • January 02, 2026

    What To Watch In Massachusetts Courts In 2026

    Massachusetts attorneys have their eye on Trump administration policy challenges, state ballot question disputes and False Claims Act enforcement shifts as the calendar turns to 2026.

  • January 01, 2026

    4 High Court Cases To Watch This Spring

    The U.S. Supreme Court justices will return from the winter holidays to tackle several constitutional disputes that range from who is entitled to birthright citizenship to whether transgender individuals are entitled to heightened levels of protection from discrimination. 

  • January 01, 2026

    Blue Slip Fight Looms Over Trump's 2026 Judicial Outlook

    In 2025, President Donald Trump put 20 district and six circuit judges on the federal bench. In the year ahead, a fight over home state senators' ability to block district court picks could make it more difficult for him to match that record.

  • January 01, 2026

    BigLaw Leaders Tackle Growth, AI, Remote Work In New Year

    Rapid business growth, cultural changes caused by remote work and generative AI are creating challenges and opportunities for law firm leaders going into the New Year. Here, seven top firm leaders share what’s running through their minds as they lie awake at night.

  • December 23, 2025

    Connecticut's Most Notable Cases Of 2025

    Two attorneys who were licensed in Connecticut were convicted in 2025 on charges that either did or could result in prison time, including a longtime real estate attorney who fatally shot a man in his law firm's parking lot. And the state's largest healthcare system said it would pay $45 million to exit an agreement to buy three ailing hospitals that were in much worse condition than previously known. Here's a look back at three of the top cases of 2025.

  • December 23, 2025

    Hudson Hotel Debtors Seek To Recast 'Ground Lease'

    The developers behind the former Hudson Hotel in Manhattan have asked a Delaware bankruptcy judge to recharacterize a long-term "ground lease" tied to the property as a disguised financing arrangement, arguing the structure functions economically as a high-cost loan rather than a true lease and should not receive favorable treatment under the Bankruptcy Code.

  • December 23, 2025

    Razzoo's $18M Ch. 11 Sale OK'd, With 11 Sites To Stay Open

    A Texas bankruptcy judge approved the $18 million sale of Cajun chain Razzoo's Inc.'s assets to a subsidiary of a Dallas-based restaurant developer, which plans to keep operating 11 of Razzoo's 20 remaining locations.

  • December 23, 2025

    Judge Says Ashley Stewart Ch. 11 Was Unauthorized

    A New Jersey bankruptcy judge on Tuesday dismissed the Chapter 11 case of plus-size clothing retailer Ashley Stewart, saying it had been filed without proper authority by board members appointed in violation of a state court order.

  • December 23, 2025

    Rent-To-Own Co. FlexShopper Hits Ch. 11 After Fraud Claims

    FlexShopper, a company offering lease-to-own services for appliances and electronics, has filed for Chapter 11 protection in the Delaware bankruptcy court, listing more than $100 million in debt and alleging its former CEO used forged documents to secure financing for the firm before its collapse.

  • December 22, 2025

    Catching Up With Delaware's Chancery Court

    Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.

  • December 22, 2025

    Media Companies Seek $520K Fees In Severance Suit

    A360 Media LLC and Bauer Media Group USA LLC are urging a New Jersey federal judge to award them more than $520,000 in attorney fees and costs after defeating a former executive's ERISA severance suit, arguing they prevailed over a bad-faith claim by the exec and he should be saddled with the legal fees to deter others.

  • December 22, 2025

    First Brands Can Access $60M In 'Trapped' Funds

    A Texas bankruptcy judge said Monday that auto-parts maker First Brands Group can access about $60 million in cash held by customers or stuck in segregated accounts, while setting up a January hearing to handle the debtor's proposed process to reconcile $3 billion in third-party factoring agreements with pending invoices.

  • December 22, 2025

    Ashley Stewart's Board Seeks To Nix Ch. 11 As Bogus

    The battle for plus size fashion retailer Ashley Stewart is continuing in a Delaware bankruptcy court, with one director seeking to dismiss the case while others are calling for a court-appointed trustee to investigate the company's November asset sale.

  • December 22, 2025

    Texas Concrete Co. Blames ICE Enforcement For Ch. 11

    A south Texas concrete company has faulted a reduction in residential construction projects caused by increased immigration enforcement actions for its Chapter 11 filing, saying its recent growth was stalled by the drop in demand.

  • December 22, 2025

    US Magnesium's $11.5M DIP Needs Revisions, Judge Says

    A Delaware bankruptcy judge Monday declined to grant final approval of US Magnesium's $11.5 million in Chapter 11 financing, saying it was too early to authorize that relief as parties in the case continue to challenge the viability of the debtor's restructuring plans.

  • December 19, 2025

    Boies Schiller Partner Pitched As First Brands Examiner

    A Boies Schiller Flexner LLP partner with experience in matters spanning from asset recovery to international investigations and high-wire global matters has been tapped to probe the bankruptcy of auto parts maker First Brands Group as a Chapter 11 examiner.

  • December 19, 2025

    Nicklaus Cos. Want Creditor Liens Nixed In Ch. 11 Before Sale

    Sporting gear and golf course design firm Nicklaus Cos. has asked the Delaware bankruptcy court to invalidate the liens of its largest creditor and to provide clarity on its claim status ahead of a proposed asset sale in February.

  • December 19, 2025

    Agent Sues Over $1.6M Ex-Hudson Hotel Ch. 11 Escrow Tussle

    The escrow agent holding $1.6 million related to the developer of the former Hudson Hotel near Manhattan's Columbus Circle has sued the debtor in Delaware bankruptcy court in an effort to resolve conflicting instructions on what to do with the funds. 

  • December 19, 2025

    Biomedical Co. Gets Approval For Ch. 11 Auction In January

    Eye disease treatment developer Clearside Biomedical on Friday got permission from a Delaware bankruptcy judge for a January auction of its assets after saying it had resolved objections from shareholders and the U.S. Trustee's Office.

  • December 19, 2025

    Chancery Keeps Alive Electric Vehicle Co. SPAC Suit

    Most counts have gone forward in a Delaware Court of Chancery suit alleging an unfair "blank check" company take-public merger with a since-reorganized electric vehicle company that faced allegedly undisclosed supply chain problems.

  • December 18, 2025

    Tricolor Can Sell 10,000 Cars In Ch. 7, Judge Says

    A Texas bankruptcy judge agreed Thursday to approve bankrupt subprime car loan lender Tricolor's procedures for a quick sale of about 10,000 cars in its inventory, saying the debtor appeared to have earned its speedy timeline.

  • December 18, 2025

    Judge Nixes Yellow Corp. Committee's Extra Banker Fees Bid

    A Delaware bankruptcy judge Thursday denied a request from Yellow Corp.'s creditors committee to pay its investment banker an additional $3.75 million, finding the adviser knew the former trucking company's Chapter 11 would be complicated when it agreed to a fixed payment structure.

  • December 18, 2025

    Plus-Size Fashion Co. Ashley Stewart Hits Ch. 11 To Nix Sale

    Ashley Stewart, a plus-size clothing retailer, has petitioned for Chapter 11 protection in New Jersey bankruptcy court, listing between $50 million and $100 million of liabilities and seeking to void the sale of its assets to a new operator called G Ashley.

  • December 18, 2025

    Oakland Diocese To Continue Ch. 11 Plan Talks

    The Roman Catholic Diocese of Oakland and representatives of sexual abuse claimants told a California bankruptcy judge Thursday they are ready for another month of talks to try and reach an agreement on a Chapter 11 plan for the diocese.

Expert Analysis

  • Series

    Ohio Banking Brief: All The Notable Legal Updates In Q2

    Author Photo

    Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.

  • A Deep Dive Into 14 Nixed Gensler-Era SEC Rule Proposals

    Author Photo

    The U.S. Securities and Exchange Commission last month formally withdrew 14 notices of proposed rulemaking, including several significant and widely criticized proposals that had been issued under former Chair Gary Gensler's leadership, signaling a clear and definitive shift away from the previous administration, say attorneys at Dechert.

  • Series

    Law School's Missed Lessons: Skillful Persuasion

    Author Photo

    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • Special Committees Gain Traction In Chapter 11 Investigations

    Excerpt from Practical Guidance
    Author Photo

    Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.

  • Litigation Inspiration: How To Respond After A Loss

    Author Photo

    Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.

  • The Metamorphosis Of The Major Questions Doctrine

    Author Photo

    The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring.

  • Ch. 7 Ruling Is Warning For Merchant Cash Advance Providers

    Author Photo

    A New York bankruptcy court’s recent ruling in favor of a Chapter 7 trustee for the bankruptcy estate of JPR Mechanical shows merchant cash advance providers why superficial agreement labels will not shield against preference liability, and serves as a guidepost for future contract drafting, say attorneys at Eversheds Sutherland.

  • Series

    Playing Mah-Jongg Makes Me A Better Mediator

    Author Photo

    Mah-jongg rewards patience, pattern recognition, adaptability and keen observation, all skills that are invaluable to my role as a mediator, and to all mediating parties, says Marina Corodemus.

  • Series

    Law School's Missed Lessons: Navigating Client Trauma

    Author Photo

    Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.

  • Opinion

    4 Former Justices Would Likely Frown On Litigation Funding

    Author Photo

    As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • How Attys Can Use AI To Surface Narratives In E-Discovery

    Author Photo

    E-discovery has reached a turning point where document review is no longer just about procedural tasks like identifying relevance and redacting privilege — rather, generative artificial intelligence tools now allow attorneys to draw connections, extract meaning and tell a coherent story, says Rose Jones at Hilgers Graben.

  • Opinion

    GENIUS Act Could Muck Up Insolvency Proceedings

    Author Photo

    While some of the so-called GENIUS Act's insolvency provisions are straightforward, others run the risk of jeopardizing the success of stablecoin issuers' insolvency proceedings and warrant another look from Congress, say attorneys at Morgan Lewis.

  • Series

    Playing The Violin Makes Me A Better Lawyer

    Author Photo

    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • Series

    Law School's Missed Lessons: Practicing Self-Care

    Author Photo

    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

    Author Photo

    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

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.