Large Cap
-
February 04, 2026
Inspired Healthcare Gets Interim OK For $35M Ch. 11 Funding
A Texas bankruptcy judge granted senior living-focused private equity investor Inspired Healthcare Capital interim approval of a $35 million Chapter 11 financing package, allowing the debtor access to $10 million.
-
February 04, 2026
Stranglehold Of Debt, Litigation Drove FAT Brands To Ch. 11
A CEO who once served prison time and was later accused of fraud. A series of acquisitions that left the company sharply overleveraged, ensnared in a knot of debt. This isn't a crypto firm or investment scheme. It's restaurant franchiser FAT Brands, which filed for bankruptcy last week.
-
February 04, 2026
Linqto, Ex-CEO Lock Horns Over Ch. 11 Plan
Defunct investment platform Linqto closed out a two-day Chapter 11 confirmation hearing Wednesday in Texas bankruptcy court, as supporters touted a plan establishing two recovery options for customers, and objectors questioned the circumstances leading up to the bankruptcy filing.
-
February 04, 2026
Bankruptcy Improvement Act Sent To President For Approval
The Bankruptcy Administration Improvement Act of 2025 that sailed through Congress last month has made it to the desk of President Donald Trump and is awaiting his signature.
-
February 04, 2026
Insurer Objects To $8M Claim Deal In Albany Diocese Ch. 11
Lloyd's Of London and other insurers objected Tuesday to a motion from the bankrupt Roman Catholic Diocese of Albany, New York, seeking to allow an $8 million judgment in favor of an individual abuse claimant, saying the proposal runs afoul of an earlier order of the bankruptcy court prohibiting such judgments.
-
February 04, 2026
Hartford HealthCare Must Provide Docs On $86M Takeovers
Hartford HealthCare Corp. must hand over internal documents detailing its $86.1 million acquisitions of two hospitals from bankrupt Prospect Medical to a group of plaintiffs who accuse the health system of trying to create a monopoly for inpatient hospital services, a Connecticut state court judge has ruled.
-
February 04, 2026
Tricolor's Ex-CEO Gets Access To Some D&O Coverage
Former Tricolor Holdings CEO Daniel Chu can tap part of the subprime auto lender's directors and officers insurance to pay for legal expenses incurred defending himself against fraud claims brought by the government and others, a Texas bankruptcy judge ruled Wednesday.
-
February 04, 2026
First Brands Creditors Seek To Hire Nardello For Fraud Probe
First Brands Group's unsecured creditors urged a Texas bankruptcy judge to let them retain Nardello & Co. as a forensic financial adviser and assist with their investigation into the "pervasive looting and fraud" that they allege precipitated the auto parts maker's Chapter 11 case.
-
February 04, 2026
Shipping Co. Eletson Can Seek Arrest Of Ex-Officials
A New York bankruptcy judge on Wednesday allowed shipping group Eletson Holdings Inc. to seek the arrest and incarceration of former Eletson directors and others who the company says have failed to appear at court-ordered depositions.
-
February 03, 2026
Coverage Barred For Mortgage Fee Dispute, 2nd Circ. Says
Insurers for a bankrupt financial services company are not obligated to cover settlement payments and defense costs stemming from a pair of mortgage fee class actions, the Second Circuit affirmed Tuesday, finding the claims fall squarely within an exclusion for fee-related losses.
-
February 03, 2026
Plastics Co. Pretium Struggled With Debt Years Before Ch. 11
Pretium Packaging, a private equity-backed maker of rigid plastic containers, collapsed into bankruptcy last week less than three years after completing a debt exchange that injected $200 million into the company, highlighting its persistent struggles to stabilize its business in the face of more than $1 billion in debt.
-
February 03, 2026
Lippes Mathias Adds Fla. Partners From Greenspoon Marder
Lippes Mathias LLP has brought on two partners from Greenspoon Marder LLP and an associate from Akerman LLP to bolster its West Palm Beach, Florida, office.
-
February 03, 2026
McGlinchey Stafford Finance Trio Joins Husch Blackwell
Days after McGlinchey Stafford PLLC's official end of operations, a trio of the firm's consumer financial services attorneys including the former Houston office managing member have found a new home with Husch Blackwell LLP, according to a Tuesday announcement.
-
February 03, 2026
Walter Haverfield Completes Merger With Bernstein-Burkley
Pittsburgh-based regional firm Bernstein-Burkley PC has expanded its resources and grown its Ohio footprint through a merger with Cleveland firm Walter Haverfield.
-
February 03, 2026
Catching Up With New Bankruptcy Case Action
Product label maker Multi-Color Corp. entered Chapter 11 in New Jersey, the company that owns Fatburger filed for bankruptcy in Texas, and a Missouri-based packaging company sought insolvency protection in New Jersey.
-
February 03, 2026
Inspired Healthcare Capital Hits Ch. 11 With $1B+ Debt
Senior living-focused private equity investor Inspired Healthcare Capital has filed for Chapter 11 protection in a Texas bankruptcy court, listing between $1 billion and $10 billion in debt and with plans to pursue an asset sale.
-
February 02, 2026
Businessman Fights Sanctions In $500M Miss America Feud
Attorneys for a Florida businessman locked in a $500 million dispute over the ownership of the Miss America pageant urged a federal judge Monday not to sanction their client for filing allegedly false documents, arguing they withdrew the documents once they were notified of questions about their authenticity.
-
February 02, 2026
Investment Platform Linqto Seeks OK For Ch. 11 Plan
Linqto kicked off its Chapter 11 plan confirmation hearing in Texas Monday, as plan supporters and objectors grilled witnesses on the circumstances leading up to the former investment platform's bankruptcy and its reorganization proposal.
-
February 02, 2026
Label Maker Can Tap Ch. 11 DIP After Judge Trims Rollup
A New Jersey bankruptcy judge on Monday granted interim approval for global label maker Multi-Color Corp. to tap into post-petition financing, yet he halved the amount of money that lenders can initially roll up due to concerns about the value of collateral securing some first-lien claims.
-
February 02, 2026
Tricolor Judge Delays Ruling On Fees For Vervent Loan Work
A Texas bankruptcy judge declined Monday to decide whether Tricolor Holdings loan servicer Vervent should be paid fees for its work locating thousands of vehicles and other collateral backing the debt, saying she needed more time to consider an objection from a group of noteholders.
-
February 02, 2026
Yes To US Magnesium's $30M Sale, No To Genesis Trustee
US Magnesium secured approval of a $30 million asset sale in its bankruptcy, a judge refused to install a Chapter 11 trustee in Genesis Healthcare's case, and another allowed self-driving vehicle technology company Luminar Technologies to move forward with asset sales that will net its estate $142.54 million.
-
February 02, 2026
Meet The Team Guiding Multi-Color Through Ch. 11
Kirkland & Ellis and Cole Schotz attorneys will be steering Georgia-based global retail product label maker Multi-Color Corp. through Chapter 11 in New Jersey as it seeks to trim $3.9 billion of its $5.9 billion in debt.
-
February 02, 2026
Hinshaw Adds 16 McGlinchey Attys, Launches In Cleveland
Hinshaw & Culbertson LLP has opened a new Cleveland office and greatly expanded its consumer financial services practice with a group of 16 attorneys from the recently shuttered McGlinchey Stafford PLLC, the firm said Monday.
-
February 02, 2026
ArentFox Schiff Taps Bankruptcy Pro To Lead LA Office
ArentFox Schiff LLP has tapped a longtime bankruptcy attorney to lead its Los Angeles office.
-
February 02, 2026
Fenwick Reaches Deal In FTX Crypto Scam Suit
Fenwick & West LLP and victims of the infamous FTX Trading Ltd. cryptocurrency scam are working toward a settlement in a case over the firm's alleged role in the trading platform's collapse.
Expert Analysis
-
Firms Still Have The Edge In Lateral Hiring, But Buyer Beware
Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.
-
A Closer Look At SDNY Bankruptcy Rule Amendments
The U.S. Bankruptcy Court for the Southern District of New York’s recent amendments to its local rules aim to streamline key Chapter 11 processes, resolve misunderstandings about previous iterations of the rules and urge caution about the use of artificial intelligence, say attorneys at Skadden.
-
FTX Exec's Sentencing Shows Pros And Cons Of Cooperation
The sentencing of former FTX tech deputy Gary Wang, whose cooperation netted him a rare outcome of no prison time, offers critical takeaways for attorneys and clients navigating the burgeoning world of crypto-related prosecutions, says Andrew Meck at Whiteford.
-
Gardening Makes Me A Better Lawyer
Beyond its practical and therapeutic benefits, gardening has bolstered important attributes that also apply to my litigation practice, including persistence, patience, grit and authenticity, says Christopher Viceconte at Gibbons.
-
Equitable Mootness Insights From Greenlit Ch. 11 Plan Appeal
A Texas federal court recently allowed a challenge to ConvergeOne's Chapter 11 bankruptcy plan to proceed because it wouldn't disrupt the IT company's confirmed plan or harm creditors, reinforcing the importance of judicial restraint in applying equitable mootness where limited relief is possible, say attorneys at Parkins & Rubio.
-
Litigation Inspiration: Reframing Document Review
For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.
-
The Challenges Of Abandoned Retirement Plans In Ch. 7
The Department of Labor's rule for unwinding retirement accounts when plan sponsors file for Chapter 7 bankruptcy was intended to alleviate trustees' administration issues, but practical challenges, like unresolved fee and identification matters, could hinder its implementation, say David Goodrich at Golden Goodrich and Nancy Simons at Stretto.
-
Circus Arts Make Me A Better Lawyer
Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.
-
When Investigating An Adversary, Be Wary Of Forged Records
Warnings against the use of investigators who tout their ability to find an adversary’s private documents generally emphasize the risk of illegal activity and attorney discipline, but a string of recent cases shows an additional danger — investigators might be fabricating records altogether, says Brian Asher at Asher Research.
-
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.
-
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.
-
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.
-
A Strategic Checklist For Bankruptcy Motion Objections
Excerpt 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.