Brazilian airline Azul SA secured a New York bankruptcy judge's approval Thursday to hire investment banks to help search for alternatives to $1.2 billion in exit financing offered by its Chapter 11 lenders, about one month after the judge confirmed Azul's bankruptcy plan.
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SUNDAY, JANUARY 11, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Azul SA To Canvas Market For $1.2B In Ch. 11 Exit Funding

By Alex Wittenberg

Brazilian airline Azul SA secured a New York bankruptcy judge's approval Thursday to hire investment banks to help search for alternatives to $1.2 billion in exit financing offered by its Chapter 11 lenders, about one month after the judge confirmed Azul's bankruptcy plan.

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Venezuela Says Citgo Auction Marred By Conflicts

By Caroline Simson

Venezuela pressed the Third Circuit Thursday to overturn an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of the country's debt, arguing that the underlying attachment orders are void and that the proceeding was marred by "obvious" conflicts of interest.

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Judge Says He'll Approve Ideanomics Plan After Revisions

By Rick Archer

A Delaware bankruptcy judge said Thursday that he will approve the Chapter 11 liquidation plan for electric vehicle technology company Ideanomics Inc. once an injunction barring future claims in the plan is narrowed in scope.

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CHAPTER 11

Wolfspeed Securities Class Action Sent To NC Federal Court

By Vince Sullivan

A securities class action case against chipmaker Wolfspeed Inc. was transferred to North Carolina federal court Wednesday following a New York judge's order directing the movement of the consolidated investor suits over alleged misrepresentations about the company's financial projections.

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Conn. Steel Firm's Counsel Shuffle Averts Ch. 11 Meltdown

By Brian Steele

A Connecticut bankruptcy judge Thursday allowed a steel company to replace its counsel at Pullman & Comley LLC after failing to pay the firm more than $389,000 in fees and expenses, avoiding a possible dismissal of the Chapter 11 case.

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Delaware Judge Sends Employee Stock Dispute To Trial

By Jarek Rutz

The Delaware Chancery Court has refused to let either side bypass an upcoming trial in a dispute between autonomous-robotics company Seegrid Corp. and former employees over the forced repurchase of stock options, concluding that the case is too fact-intensive for summary judgment and should instead be resolved through live testimony.

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EXPERT ANALYSIS

Series

Muay Thai Makes Me A Better Lawyer

Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

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LEGAL INDUSTRY

Goldberg Segalla Fights Ex-IP Co-Chair's $4M Arbitration Bid

By Theresa Schliep

An arbitration fight Goldberg Segalla LLP initiated against a former co-chair of its intellectual property group over proceeds from transferred cases spilled into New York state court, where the firm is seeking relief from his counterclaims that it shorted him nearly $4 million in compensation.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

This past week in London has seen a collapsed investment firm revive a $15 million dispute with a hedge fund, major Hollywood studios bring an IP claim against the U.K.'s largest internet providers over illegal streaming, and the Department of Health and Social Care sue the law firm and barrister representing it in a pharma competition damages case.

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Jones Day To Help Restore David Bowie's Old London Home

By Jamie Lennox

Jones Day's charitable foundation will help to restore the childhood home of musical icon David Bowie before it opens to the public in late 2027, the historical trust leading the project said Friday.

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Law Firms Closed 2025 With Continued 'Appetite For Hiring'

By Tracey Read

The legal sector continued to defy hiring expectations in spite of uncertainty in the U.S. economy as 2025 drew to a close.

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Bruce Fein Unauthorized To Represent Maduro, Atty Says

By Rachel Rippetoe

When constitutional lawyer Bruce Fein entered an appearance as counsel for former Venezuelan President Nicholas Maduro on Tuesday, it was without having ever spoken to the client, according to a Thursday filing by Maduro's attorney Barry Pollack seeking to remove Fein from the case.

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Calif. Wage Suit Settles Months After Atty Admits To AI Mishap

By Emily Sawicki

A proposed wage and hour class action that drew the legal world's attention in November after the plaintiff's counsel admitted to using a half-dozen artificial intelligence tools to prepare a botched motion has now ended, with a Northern California federal judge granting a joint dismissal following a settlement agreement.

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NJ Justices Nix Atty Registration Fee Hike After Bar Pushback

By Rose Krebs

The New Jersey Supreme Court has rejected a request to raise the annual registration fee for attorneys after the state's bar association complained that a proposed $27 hike for certain attorneys, following prior year increases, was too much at a time when they and their firms face "significantly increasing operational costs."

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New Trade Group Joins Litigation Finance Lobbying Fight

By Ryan Boysen

A new trade group for litigation funders has launched with the aim of enlisting personal injury and mass tort attorneys in a fight against proposed federal laws that it says could threaten the $16 billion litigation finance industry.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

In technology, the increasing use of artificial intelligence by legal departments will be a major concern for general counsel seeking to control costs in the New Year. And in labor matters, the National Labor Relations Board has a new general counsel along with a quorum and is ready to start deciding cases again.

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Law360's Legal Lions Of The Week

By Kevin Penton

Gibson Dunn & Crutcher LLP leads this week's edition of Law360 Legal Lions, after a Ninth Circuit panel affirmed a ruling in which Apple beat claims it illegally blocked third-party access to Apple Watch medical data so it could create rival software.

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Biz Owner's RICO Suit Says 5 Calif. Attys Helped Loot IT Co.

By Daniel Connolly

A business owner has filed a lawsuit this week accusing five attorneys from five different small California law firms of conspiring with his ex-business partner to steal assets from a company the two had jointly owned.

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Ramey Ducks BlackBerry's Sanctions Bid Over 'Frivolous' Suit

By Elliot Weld

Patent attorney Bill Ramey has avoided sanctions requested by BlackBerry Corp. for what the smartphone company called the "frivolous and unreasonable" way he litigated a case brought on behalf of Silent Communications LLC.

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LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Ashby & Geddes

Baker Botts

Ballard Spahr

Beale & Co. Solicitors

Block & Leviton

Brodies LLP

Bronstein Gewirtz

Capital Law Ltd.

Capsticks Solicitors LLP

Cleary Gottlieb

Clifford Chance

Clyde & Co

Cohen Milstein

Covington & Burling

Crowell & Moring

Cummins & White

Curtis Mallet-Prevost

DAC Beachcroft

DWF LLP

Davis Polk

Debevoise & Plimpton

Dechert LLP

Devlin Law Firm PC

Eimer Stahl

FBT Gibbons

Feldman Shepherd

Finlayson Toffer

Foley & Lardner

Fox Rothschild

Gentry Locke

Gibson Dunn

Goldberg Kohn

Goldberg Segalla

Greenberg Traurig

Hach & Rose

Hach Rose Schirripa

Harris St. Laurent

Hickman & Rose

Hogan Lovells

Irwin Mitchell

Jones Day

Kellogg Hansen

Kennedys Law LLP

Keoghs LLP

King & Spalding

Kirkland & Ellis

Knight Law Group

Kropf Moseley

Latham & Watkins

Law Offices of Jeffrey Hellman

Lester Aldridge

Lewis Silkin

Lieff Cabraser

Linklaters LLP

Mandelbaum Barrett

Manning Gross

Marshack Hays

McGuireWoods

Morgan Lewis

Morrison & Foerster

Munger Tolles

Norton Rose

Orrick Herrington

Peters & Peters Solicitors

Pinsent Masons

Pomerantz LLP

Pullman & Comley

Purdy & Bailey

Quinn Emanuel

Radcliffes LeBrasseur

Ramey LLP

Richards Layton

Robbins Geller

Schofield Sweeney

Schwartz White

Setfords Solicitors

Sheppard Mullin

Sidley Austin

Simmons & Simmons

Skadden Arps

Smith Gambrell

Squire Patton

TLT LLP

Togut Segal

Travers Smith

Troutman

Walker Morris LLP

Ward Hadaway

Watson Farley

Webster Szanyi

Weightmans LLP

Weil Gotshal

Wiggin LLP

Willkie Farr

WilmerHale

Wilson Sonsini

Wirtz Law APC

Womble Bond

COMPANIES IN TODAY'S NEWS

AECOM

Alivecor Inc.

Alpharma Inc.

American Arbitration Association

American Enterprise Institute

Appian Corp.

Apple Inc.

Association of American Universities Inc.

Bank of America Corp.

BlackBerry Ltd.

Block Inc.

Bouygues

CITGO Petroleum Corp.

Cash App

Citigroup Inc.

Cogentrix Energy Power Management LLC

Colgate-Palmolive Co.

Consolidated Edison Inc.

Crystallex International Corp

Daiwa Securities Group Inc.

EDF Energy PLC

Elliott Investment Management LP

Fever Labs Inc.

Ford Motor Co.

Gold Reserve Inc

Google LLC

Hatch Henderson Fivel LLC

Hewlett Packard Enterprise Co.

IDEX Corp.

International Legal Finance Association

JPMorgan Chase & Co.

Juniper Networks Inc.

KPMG International

LinkedIn Corp.

Lloyd's America Inc.

London Stock Exchange Group PLC

NHK Spring

Netflix Inc.

New Jersey State Bar Association

New York University

NortonLifeLock Inc.

Novartis AG

Paramount Pictures Corp.

Pegasystems Inc.

Reddit Inc.

Robinhood Markets Inc.

Seegrid Corp.

Sky PLC

Solicitors Regulation Authority Ltd.

Stifel Financial Corp.

Tesla Inc.

Teva Pharmaceutical Industries Ltd.

The Walt Disney Co.

U.S. Chamber of Commerce

United Therapeutics Corp.

Virgin Media Inc.

Vistra Corp.

Vuori Inc.

Warner Bros. Entertainment Inc.

WikiLeaks

Wolters Kluwer ELM Solutions Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Labor Statistics

California Supreme Court

Companies House

Delaware Court of Chancery

Federal Communications Commission

National Labor Relations Board

National Security Agency

New Jersey Supreme Court

New York Supreme Court, New York County

Secretary of State for Health and Others

Transport for London

U.S. Bankruptcy Court for the District of Delaware

U.S. Bankruptcy Court for the Southern District of New York

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. District Court for the District of Delaware

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of California

U.S. District Court for the Western District of Texas

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

United States Bankruptcy Court for the District of Connecticut

United States Bankruptcy Court for the Southern District of California