Large Cap

  • March 16, 2026

    Firms Fight Discovery In Sanctions Bid Following Eletson Row

    Greenberg Traurig LLP and Reed Smith LLP have each urged a New York federal court to deny discovery requests by Levona Holdings as the company pursues sanctions against the firms following the court's vacatur of a $102 million arbitral award found to have been the product of fraud, calling the requests "intrusive" and "improper."

  • March 16, 2026

    Saks Creditors OK $300M In Additional Ch. 11 Funds

    Luxury retailer Saks Global announced Monday its senior secured bondholders approved its bid to access another $300 million in financing for its Chapter 11 case after seeing the company's postbankruptcy business plan.

  • March 16, 2026

    Judges OK Eletson Arrests, $533M Spirit Base Bid

    A New York bankruptcy judge approved arrests in Eletson Holdings' Chapter 11 case, another said Spirit Airlines can auction 20 aircraft with a $533 million stalking horse bid, and a judge in California ordered parties to go forward with competing plans in the Oakland diocese's insolvency proceeding.

  • March 16, 2026

    Eddie Bauer Stores Get OK For Creditor Vote On Ch. 11 Plan

    A New Jersey bankruptcy judge Monday gave the operator of Eddie Bauer's retail outlets permission to send its Chapter 11 plan out for a creditor vote after unsecured creditors dropped their opposition.

  • March 16, 2026

    Wind Co. TPI's Asset Deals OK'd, Resolving DIP Default

    A Texas bankruptcy judge on Monday approved two sales of the assets of wind turbine blade maker TPI Composites Inc., resolving a default from its debtor-in-possession lender as it moves toward approval of a Chapter 11 plan disclosure statement and confirmation.

  • March 13, 2026

    PE Firm Seeks To Block Calif. Suit Over $17.5M Deal

    A private equity investment firm has asked the Delaware Chancery Court to block two former sellers of behavioral health facilities from pursuing a parallel lawsuit in California, arguing that the claims violate contractual provisions requiring any related disputes to be litigated in Delaware.

  • March 13, 2026

    Ethanol Giant Raizen Seeks US Nod For $12B Brazil Reorg

    Raizen SA, the largest producer of ethanol in Brazil, and several affiliates filed for Chapter 15 recognition in New York on Thursday with 65.1 billion reais, or about $12 billion, of debt, after striking a preliminary restructuring agreement with some creditors that seeks to halt a downward liquidity spiral.

  • March 13, 2026

    Arrest Warrants Approved For Ex-Eletson Officials In Ch. 11

    A New York bankruptcy judge approved arrest warrants for a group of former shareholders of reorganized debtor Eletson Holdings Inc. who were directors of an entity purporting to control the company post-bankruptcy, saying they should be incarcerated until they give depositions ordered by the court.

  • March 13, 2026

    FAT Brands Files Ch. 11 Sale Procedures As Talks Continue

    Bankrupt restaurant chain owner FAT Brands filed proposed sale and bidding procedures calling for a sale of its assets to close by early May, while saying it is working with its creditor groups on the final form of the procedures and on securing Chapter 11 financing.

  • March 13, 2026

    What's Happening In Bankruptcy Court This Coming Week

    In the week ahead, bankruptcy courts will consider issues including the Chapter 11 financing of senior-living provider Inspired Healthcare and label maker Multi-Color, multiple fee dispute settlements with Jackson Walker, and whether Fat Brands' CEO should be suspended.

  • March 13, 2026

    Competing Plans To Move Forward In Oakland Diocese Ch. 11

    A California bankruptcy judge said Friday that he wants competing Chapter 11 plans to proceed in parallel in the case of the Roman Catholic Diocese of Oakland, telling the debtor and the creditors committee that there are flaws in each proposal.

  • March 13, 2026

    First Brands OK'd For Walbro Unit $50M Going Concern Sale

    A Texas bankruptcy judge Friday approved the sale of First Brands' small engine part group Walbro as the car parts giant continues stakeholder talks in hopes of charting a consensual course out of Chapter 11.

  • March 13, 2026

    Guo Trustee Settles With Hogan Lovells, Troutman

    The trustee administering the bankruptcy estate of exiled Chinese billionaire Miles Guo has asked a Connecticut judge to approve settlements against law firms Hogan Lovells International LLP, Troutman Pepper Locke LLP and Marini Pietrantoni Muniz LLC, among other avoidance action defendants.

  • March 12, 2026

    Celsius Accuses Fireblocks Of 'Staggering' Crypto Negligence

    The Chapter 11 plan administrator for defunct cryptocurrency platform Celsius Network urged a New York bankruptcy judge Wednesday to order Fireblocks to respond to discovery demands over the cybersecurity company's alleged "staggering negligence" that led to the destruction of cryptographic keys and the loss of Ethereum tokens worth tens of millions of dollars.

  • March 12, 2026

    First Brands Pros Rack Up Over $132M Of Fees In 3 Months

    Attorneys and other professionals working on the bankruptcy of car parts supplier First Brands Group tallied more than $132 million of fees and expenses in just over the first three months of the case, according to court filings.

  • March 12, 2026

    Feds Rip 'Incoherent' SBF Claim Of Political Weaponization

    Federal prosecutors fired back at convicted FTX founder Sam Bankman-Fried's pro se bid for a new trial as a "transparent attempt" to further allegedly false narratives that his collapsed crypto exchange was solvent, and he was a victim of political retribution.

  • March 12, 2026

    First Brands Must Return $25M To Cover Ch. 11 Factor Claims

    A Texas bankruptcy judge directed auto parts supplier First Brands Group on Thursday to transfer $25.7 million back into a segregated account set aside for third-party factoring lender claims to provide those lenders with adequate protection of their collateral.

  • March 12, 2026

    Office Snapshot: Esbrook Scales Up For Delaware Growth

    More than a year after launching an office in Delaware, boutique litigation firm Esbrook PC is moving into a bigger, updated space with room to expand its roster of attorneys in the First State, firm leaders told Law360 Pulse.

  • March 12, 2026

    Incora Sues Over $30M D&O Insurance In Ch. 11 Uptier Fight

    Bankrupt aircraft parts maker Incora has sued several of its insurers for coverage of legal costs incurred by the debtor in a dispute over a prepetition uptier transaction, saying it is owed $30 million under its director and officer insurance policies.

  • March 12, 2026

    Skadden Welcomes Finance Duo From Paul Hastings

    Skadden Arps Slate Meagher & Flom LLP announced on Thursday that it has added two attorneys who have experience with complex debt financing transactions from Paul Hastings LLP, with Skadden calling the hires a boost to the firm's private credit and restructuring capabilities.

  • March 11, 2026

    Cumulus Ch. 11 Came Amid Antitrust Suit, Audience Shifts

    As radio giant Cumulus was looking into restructuring options that ultimately led it to Chapter 11 last week, it was also kicking off litigation against audience analytics giant Nielsen, a longtime vendor.

  • March 11, 2026

    Del Monte's Minority Lenders Say Ch. 11 Plan Unfair

    A minority group of lenders to Del Monte Foods are objecting to the canned food giant's Chapter 11 plan disclosures, saying the disclosure is uninformative and the proposed plan hopelessly unfair to their interests.

  • March 11, 2026

    White & Case Blasts Bid To Quit CBRM Ch. 11

    The troubled tale of New Jersey-based apartment building owner CBRM Realty Inc. has taken another turn as White & Case LLP objected to a move by the debtor's wind-down officer to resign.

  • March 11, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A valve manufacturer proposed a Chapter 11 plan to address asbestos claims, Saks Fifth Avenue announced more store closures, and new bankruptcies were launched, including a case centered on a tile distributor and another on an office building.

  • March 11, 2026

    Crystallex Special Master Gets OK On $15.3M Atty Fee Bid

    A Delaware federal judge has overruled jilted Citgo bidder Gold Reserve's objection to a special master's bid for $15.3 million in attorney fees, rejecting its argument that the request was unreasonable in defunct mining company Crystallex's massive case against Venezuela.

Expert Analysis

  • Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

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    The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable mootness doctrine, and may set up a U.S. Supreme Court review of the doctrine in the near future, say attorneys at Cleary.

  • Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.

  • Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • AI Will Soon Transform The E-Discovery Industrial Complex

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    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

  • When Innovation Overwhelms The Rule Of Law

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    In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.

  • Adventure Photography Makes Me A Better Lawyer

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    Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.

  • How Ch. 11 Can Alleviate Merchant Cash Advance Concerns

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    Merchant cash advance funding is one of the biggest challenges for small businesses today because funders are so prevalent, aggressive and expensive, but bankruptcy can provide several tools for dealing with MCA agreements that may allow the debtor business to restructure and survive, says Patricia Fugée at FisherBroyles.

  • 5 Ways To Create Effective Mock Assignments For Associates

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    In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.

  • 8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.

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    A Delaware bankruptcy court’s recent decision, examining trucking company Yellow Corp.’s abrupt termination of roughly 25,500 employees, offers financially distressed businesses a road map for navigating layoffs under the Worker Adjustment and Retraining Notification Act, say attorneys at King & Spalding.

  • Mentorship Resolutions For The New Year

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    Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.

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