The casual dining chain TGI Friday's Inc. on Thursday won approval of its Chapter 11 liquidation plan to offload its remaining assets and eventually distribute them through a trust, after creditors voted overwhelmingly in favor of the plan.
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FRIDAY, JULY 24, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

TGI Fridays Wins Confirmation Of Liquidating Ch. 11 Plan

By Hilary Russ

The casual dining chain TGI Friday's Inc. on Thursday won approval of its Chapter 11 liquidation plan to offload its remaining assets and eventually distribute them through a trust, after creditors voted overwhelmingly in favor of the plan.

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Nestlé, PE Firm Platinum To Form $5.6B Beverage Unit

By Al Barbarino

Nestlé said Thursday that it has agreed to team up with Platinum Equity to create Peranel, a Paris-based 50/50 joint venture for Nestlé's waters and beverages business that values the unit at €4.9 billion ($5.6 billion).

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Brief

USTR Sets Large Canadian Tariff Quotas For Sugar Products

By Dylan Moroses

The U.S. will allocate a large portion of its fiscal 2027 tariff rate quotas for refined sugar products and certain sugar-containing goods to Canada, according to a notice published Wednesday by the office of the U.S. Trade Representative.

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Target Sold Baby Formula That Caused Botulism, Parents Say

By Rachel Riley

Two parents claim their baby came down with infant botulism after drinking tainted whole milk powdered formula sold by Target and formula-maker Nara Organics, which later recalled the product amid an outbreak that sickened at least three other children, according to a lawsuit filed Thursday in Washington federal court.

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Campbell's Beats Worker's Suit Over Tobacco Health Plan Fee

By Grace Elletson

A New Jersey federal judge has shuttered a worker's suit claiming soup producer The Campbell's Co. imposed an illegal fee on employees if they used tobacco, ruling that his case fell apart because he never disclosed whether he enrolled in a program that would have allowed him to dodge the extra charge.

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Q&A

She Has A Point: Foley & Lardner's Laura Ganoza

By Theresa Schliep

Laura Ganoza's representation of her client in an infringement suit over a resort's trademarks was notable for being particularly vigorous, according to opposing counsel Sarah Ring of Porter Hedges LLP, who said the Foley & Lardner LLP partner "was a strong advocate" in the case.

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LITIGATION

11th Circ. Argues Legality Of Fishery Council Over Catch Limits

By Kelcey Caulder

An Eleventh Circuit panel appeared wary Thursday as it weighed whether members of a regional fishery management council were lawfully appointed, in challenge to a National Marine Fisheries Service regulation that sharply reduced how many gag grouper fish could be caught in the Gulf of Mexico.

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Cargill Unit Gets Initial OK For $5M Off-The-Clock Wage Deal

By Benjamin Morse

A Cargill food company subsidiary is expected to pay nearly $5 million under a settlement that has received preliminary approval to resolve production workers' claims that they were stiffed on overtime for preshift COVID-19 screenings and walking before and after shifts at three Pennsylvania meatpacking plants.

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Domino's Noncompete Rules Illegal In Wash., Ex-Worker Says

By Ben Adlin

Domino's Pizza LLC illegally blocked its Washington workers from moonlighting at certain businesses, a former employee claimed in a proposed class action filed Tuesday, alleging that a company conflict-of-interest policy violated two state laws barring many noncompete agreements.

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Suit Over Kitten's Container Death Proceeds Sans Fraud Claims

By Jonathan Capriel

A Pennsylvania federal court has trimmed a pet owner's proposed class action against Iris USA Inc., the maker of an airtight pet food container that allegedly trapped and suffocated the woman's three-pound kitten, allowing most of the suit to remain intact.

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Bar Works Fraudster Gets More Prison Despite Cooperation

By Pete Brush

A Manhattan federal judge on Thursday tacked on more time behind bars for the architect of the $57 million Bar Works shared office space investment Ponzi scheme, expressing concern that the Englishman has the potential to reoffend despite cooperating against four co-conspirators.

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Nordstrom Worker Claims Missed Breaks Cost Wash. Staff Pay

By Ben Adlin

A Nordstrom Inc. worker has hit the Seattle-based retailer with a proposed wage-and-hour class action in Washington state court, accusing the company of failing to provide employees with legally mandated meal and rest breaks, then further failing to compensate them for the missed breaks.

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EXPERT ANALYSIS

Series

Being A Singer Makes Me A Better Lawyer

Before law school, I spent seven years trying to make it as a professional singer in Los Angeles, and nearly everything I learned about preparation, humility, confidence and more has followed me into my legal practice, says Jessica Caterina at Moses & Singer.

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LEGAL INDUSTRY

How Does In-House Pay Compare? Take The Law360 Survey

How do in-house salaries vary across industries, roles, and organizational revenue? What compensation tools are companies using to lure top talent? Help Law360 Pulse answer these questions and more in this year's In-House Compensation Survey.

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Simpson Thacher Warned Co. About Deal Terms, Jury Told

By Cara Salvatore

A retired Simpson Thacher & Bartlett LLP partner who handled the fundraising vehicle alleged to have destroyed Patriot National Inc. told a Florida jury Thursday that he flagged deal terms that later became detrimental to the insurance services company.

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ABA Rips DOJ's 'Absurd' Firm Subpoenas In Documents Fight

By Emily Sawicki

The American Bar Association has blasted as "absurd" the government's move to subpoena law firms as an attempt to avoid a documents request from the organization amid allegations the Trump administration worked to intimidate law firms into conforming with his policy goals through executive orders last year.

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Judge's Deportation Probe 'Off The Rails,' DOJ Tells DC Circ.

By Britain Eakin

The Trump administration urged the full D.C. Circuit to either order U.S. District Judge James Boasberg to terminate his criminal contempt inquiry into the administration's Alien Enemies Act removals last year, or order him to forgo live testimony in the probe.

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Jack Smith's Lawyers Say Criminal Referral Twists Testimony

By Courtney Bublé

Former special counsel Jack Smith's legal team has said the criminal referral a U.S. Congress member sent the Department of Justice to investigate Smith is based on a "spurious claim."

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500-Member NYC Public Defender Union Ends Strike

By Andrea Keckley

The first and so far only New York City public defender union to go on strike this year announced on Wednesday that its approximately 500 members are returning to work after reaching a tentative agreement with their managers.

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Patent Atty Sues USPTO Over 'Flawed' Disciplinary Procedure

By Hailey Konnath

An Ohio patent lawyer Thursday accused the U.S. Patent and Trademark Office of using an unlawful "pay for play" system for its disciplinary proceedings against attorneys, claiming the disciplinary proceedings are "inherently biased" and rigged against him and others facing discipline.

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Senate Confirms 2 Judges, Advances Ohio And Colo. Picks

By Courtney Bublé

The Senate on Thursday voted 48-47 to confirm Judge Daniel Traynor of the District of North Dakota to the U.S. Court of Appeals for the Eighth Circuit and 49-44 to confirm Antonio M. Pozos, a partner at Faegre Drinker Biddle & Reath LLP, as a judge for the Eastern District of Pennsylvania.

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COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

Brooklyn Defender Services

ByHeart Inc.

Campbell Soup Co.

Cargill Inc.

Center for Family Representation Inc.

Domino's Pizza Inc.

Getty Images Holdings Inc.

Instagram Inc.

JPMorgan Chase & Co.

Mariani Co.

Neighborhood Defender Service of Harlem

Nestle SA

New York University

Nordstrom Inc.

Pacific Legal Foundation

Patriot National Inc.

Platinum Equity LLC

Snyder's-Lance Inc.

TGI Friday's Inc.

Target Corp.

The Bronx Defenders

UBS Group AG

United Auto Workers

LAW FIRMS IN TODAY'S NEWS

Akerman LLP

Bibiyan Law Group

Brennan Manna

Burns Charest

Caldera Law

Chimicles Schwartz

Conrad & Scherer

Covington & Burling

Cozen O'Connor

Faegre Drinker

Foley & Lardner

Goodwin Procter

Held & Hines

Hones Law

Hughes Hubbard

Kelley Drye

Lichten & Liss Riordan

Marshall Dennehey

Martin LLP

Mayer Brown

McCabe & Ali

Morris James

Moses & Singer

Pachulski Stang

Porter Hedges

Ropes & Gray

Shutts & Bowen

Simpson Thacher & Bartlett

Siri & Glimstad

Stearns Weaver

Susman Godfrey

Wick Phillips

Williams & Connolly

Winebrake & Santillo

GOVERNMENT AGENCIES IN TODAY'S NEWS

Centers for Disease Control and Prevention

Executive Office of the President

Food and Drug Administration

Internal Revenue Service

National Marine Fisheries Service

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Eleventh Circuit

U.S. Department of Commerce

U.S. Department of Homeland Security

U.S. Department of Housing and Urban Development

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of New Jersey

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Middle District of Pennsylvania

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

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

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

U.S. Environmental Protection Agency

U.S. Patent and Trademark Office

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Colorado

United States District Court for the District of North Dakota

United States District Court for the Northern District of Ohio