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Bankruptcy
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									August 08, 2025
									George Clinton Fights Sanctions In Decades-Long IP BattleFunk legend George Clinton has asked a Florida federal court to reject sanctions and lawsuit dismissal bids from music executive Armen Boladian, arguing that his copyright ownership complaint is not frivolous. 
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									August 08, 2025
									Titanic Artifact Ch. 11 Sale Suit Settled For $12MA Florida bankruptcy judge Friday approved an $11.75 million settlement of a long-standing adversary lawsuit over the sale of artifacts from the Titanic during the bankruptcy of a company that ran popular traveling exhibits about the ship. 
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									August 08, 2025
									Prison Health Co. Spinoff Can't Duck Some Inmates' SuitsA Texas bankruptcy judge is allowing some incarcerated individuals to continue suing a company that was spun off from prison healthcare provider Tehum Care Services prior to its Chapter 11 filing, after finding that certain inmates are not bound by the third-party release in Tehum's bankruptcy plan because they were not given a chance to opt out. 
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									August 08, 2025
									Rite Aid Picks Azend As Buyer Of Pharmacy AssetsPharmacy chain Rite Aid has told a New Jersey bankruptcy judge it's selected Med One Pharmacy Inc. as the buyer of drugs in its inventory, customer information, leases and other assets, months after the company transferred millions of prescriptions and dozens of stores to CVS and other businesses in Chapter 11. 
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									August 08, 2025
									New Orleans Archdiocese Plan Will Get One Shot In NovemberA Louisiana bankruptcy judge on Friday gave the Roman Catholic Archdiocese of New Orleans permission to send its Chapter 11 plan out for a creditor vote and to hold a November confirmation hearing, but warned the parties this was their only chance to put the proposal into effect. 
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									August 07, 2025
									CFPB Mulls Cuts To Oversight Reach In 4 Nonbank MarketsThe Consumer Financial Protection Bureau is considering formally scaling back the reach of its nonbank oversight, floating a series of early stage proposals that contemplate sharply reducing the number of firms it would supervise in four key financial services markets. 
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									August 07, 2025
									Lyten To Buy Bankrupt Northvolt's Swedish, German FactoriesLithium-sulfur battery maker Lyten announced Thursday that it will buy bankrupt Swedish battery manufacturer Northvolt AB's factories in two countries and all its remaining intellectual property in a move that Northvolt said averted a "complete shutdown" of the business. 
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									August 07, 2025
									Eventide Creditors Seek Trustee To Take Over Ch. 11 CaseThe official committee of unsecured creditors in the Chapter 11 case of consumer lending company Eventide Credit Acquisitions has asked a Texas judge for the appointment of a trustee to oversee the proceedings, saying the debtor and its principal have flouted the rules of bankruptcy since the case began in 2023. 
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									August 07, 2025
									Claire's Gets OK To Start Closing Stores As It Hunts For BuyerA Delaware bankruptcy judge on Thursday approved jewelry chain Claire's bid to begin closing some of its 1,500 North American stores and selling off merchandise as the company races to find a buyer for the business in Chapter 11. 
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									August 07, 2025
									Ex-Data Co. Execs Charged With $25M 'Round Tripping' ScamTwo executives from bankrupt California data company Near Intelligence Inc. fraudulently inflated the company's revenues by $25 million in a conspiracy that involved a third executive from advertising company MobileFuse LLC, according to a Manhattan federal court indictment unsealed Thursday. 
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									August 07, 2025
									Reality TV Persona's NYC Plastic Surgery Practice Files Ch. 11The practice of celebrity plastic surgeon Michael E. Jones filed Thursday for Chapter 11 bankruptcy relief in New York, listing less than $50,000 in assets and between $1 million and $10 million in liabilities. 
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									August 06, 2025
									AmeriFirst Financial Floats Global Deal In Ch. 11 CaseBankrupt mortgage service provider AmeriFirst Financial Inc. proposed a global settlement of disputes in its Chapter 11 case that will break a months-long roadblock to resolution of its bankruptcy proceedings. 
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									August 06, 2025
									Louisiana Doctor's Suit Against Porzio Bromberg Sent To NJA New Orleans federal judge approved a joint motion to transfer a legal malpractice case involving a Louisiana-based doctor and Porzio Bromberg & Newman PC to New Jersey federal court. 
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									August 06, 2025
									Judge OKs Addition Of Kenvue, Janssen To J&J Talc MDLA New Jersey federal judge has rejected Johnson & Johnson's challenge to cancer patients' bid to add additional corporate defendants to multidistrict federal litigation over its talcum powder products, finding the additions would not be futile. 
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									August 06, 2025
									Big Lots, Gordon Bros. Strike Deal Over HQ Sale FundsLiquidating retailer Big Lots told a Delaware bankruptcy judge that it has reached a deal with Gordon Brothers Retail Partners after the consulting firm said it was owed the first $10 million from the $36 million sale of Big Lots' corporate headquarters in Ohio. 
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									August 06, 2025
									Ohio Nursing Home Operator Hits Ch. 7 With Up To $10M DebtNursing home operator Legacy North Royalton Operating Company LLC has filed for Chapter 7 liquidation in Ohio bankruptcy court, citing both assets and liabilities of between $1 million and $10 million. 
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									August 06, 2025
									Jewelry Chain Claire's Hits Ch. 11 Again, Will Close 700 StoresThe parent company of jewelry chain Claire's filed for Chapter 11 protection Wednesday for the second time in seven years with $690 million in funded debt and plans to close 700 stores. 
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									August 05, 2025
									$300M Fla. Project Floats DIP Loan To Hammer Out Ch. 11 PlanThe debtors of a $300 million real estate development in Florida on Tuesday floated a proposal to appoint a chief restructuring officer and a debtor-in-possession loan from an insurance heiress after creditors rejected both a sale and a liquidation plan. 
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									August 05, 2025
									Voyager Digital's Former Bank Escapes Fraud Suit, For NowVoyager Digital's former bank, Metropolitan Commercial Bank, has won dismissal of a 53-count suit alleging it was complicit in bad behavior by the now-defunct crypto lender and should be on the hook for repaying platform users, with the court ruling that the complaint as-is does not plausibly plead fraud or unjust enrichment. 
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									August 05, 2025
									Trump Fires Most Of Puerto Rico Fiscal Oversight BoardThe Financial Oversight and Management Board for Puerto Rico, a body managing the island's debt restructuring, announced Tuesday that President Donald Trump has terminated five of its seven members. 
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									August 05, 2025
									SVB Directed To Object To Ch. 11 Claims In Standing FightThe former parent company of Silicon Valley Bank and liquidators tasked with winding up its Cayman Islands branch locked horns on Tuesday over standing in a $294 million lawsuit, prompting a New York bankruptcy judge to request that SVB Financial object to claims as having been filed too late. 
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									August 05, 2025
									2nd Circ. Nixes Madoff Feeder Fund Clawback SuitsAbout 300 clawback lawsuits filed by the liquidators of British Virgin Islands-based funds that invested in Bernard L. Madoff Investment Securities should be dismissed, a Second Circuit panel said on Tuesday, finding the deals were protected by the U.S. Bankruptcy Code's safe harbor for securities transactions. 
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									August 05, 2025
									Chancery Sends Steel Co.'s Fraudulent Transfer Suit To TrialA steel product company's claims that a bankrupt former customer, for which it was also serving as a creditor, fraudulently transferred away millions that could have covered its debts must go to trial, a Delaware vice chancellor ruled on Tuesday. 
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									August 05, 2025
									Binance Founder Seeks Exit From FTX $1.76B Clawback SuitFormer Binance CEO Changpeng Zhao asked a Delaware bankruptcy judge to dismiss him from a clawback suit filed by the estate of bankrupt crypto exchange FTX seeking to recover $1.76 billion it says FTX illegally transferred before its collapse two years ago, saying the transaction was outside the court's jurisdiction. 
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									August 05, 2025
									Law Firm, Ex-Client Want La. Malpractice Fight Moved To NJA doctor pursuing malpractice claims against New Jersey firm Porzio Bromberg & Newman PC in New Orleans federal court has agreed to take the fight up north, with the two sides filing a joint motion to transfer the venue to the District of New Jersey. 
Expert Analysis
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								3 Ways To Train Junior Lawyers In 30 Minutes Or Less  Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields. 
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								The Bar Needs More Clarity On The Discovery Objection Rule  Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office. 
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								Series Being A Navy Reservist Makes Me A Better Lawyer  Serving this country in uniform has not only been one of the greatest honors of my life, but it has also provided me with opportunities to broaden my legal acumen and interpersonal skills in ways that have indelibly contributed to my civilian practice, says Phillip Smith at Weinberg Wheeler. 
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								So You Want To Move Your Law Practice To Canada, Eh?  Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison. 
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								A Strategic Checklist For Bankruptcy Motion ObjectionsExcerpt from Practical Guidance  Hewing to a set of best practices for objecting to a motion in bankruptcy cases can help creditors’ counsel stay on track as they juggle deadlines and jurisdictions, determine whether filing will help or harm the client, and negotiate with the debtor. 
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								Promoting Diversity In The Selection Of ADR NeutralsExcerpt from Practical Guidance  Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler. 
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								Series Playing Ultimate Makes Us Better Lawyers  In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron. 
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								E-Discovery Quarterly: Recent Rulings On Metadata  Several recent rulings reflect the competing considerations that arise when parties dispute the form of production for electronically stored information, underscoring that counsel must carefully consider how to produce and request reasonably usable data, say attorneys at Sidley. 
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								The 3rd-Party Bankruptcy Release Landscape After Purdue  In its Purdue Pharma ruling prohibiting nonconsensual third-party releases, the U.S. Supreme Court did not comment on criteria to render a third-party release consensual, opening a debate in the bankruptcy courts on the permissibility of opt-out versus opt-in releases, say attorneys at Morgan Lewis. 
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								Striking A Balance Between AI Use And Attorney Well-Being.jpeg)  As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor. 
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								Empathy In Mediation Offers A Soft Landing For Disputes  Experiencing a crash-landing on a recent flight underscored to me how much difference empathy makes in times of crisis or stress, including during mediation, says Eydith Kaufman at Alternative Resolution Centers. 
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								Series Being An Artist Makes Me A Better Lawyer  My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge. 
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								How Judiciary Can Minimize AI Risks In Secondary Sources  Because courts’ standing orders on generative artificial intelligence and other safeguards do not address the risk of hallucinations in secondary source materials, the judiciary should consider enlisting legal publishers and database hosts to protect against AI-generated inaccuracies, say attorneys at Lankler Siffert & Wohl. 
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								How Attorneys Can Break Free From Career Enmeshment.jpg)  Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological. 
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								Bankruptcy Decision Exemplifies Venue Issue For Franchisees.jpeg)  A California bankruptcy court's decision earlier this month in Pinnacle Foods and a lingering circuit split on assumption of executory franchise contracts highlights the issue of whether franchisee debtors can qualify for case venue in friendlier circuits, says David Gamble at Parkins Rubio.