Large Cap

  • January 08, 2026

    Wolfspeed Securities Class Action Sent To NC Federal Court

    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.

  • January 08, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Firstbase.io and a creditor fought over a law firm's bid for $1.6 million in fees, a New York judge gave a debtor access to a $500,000 postpetition financing package from an insider lender, and another approved a settlement between Bernie Madoff's trustee and Koch Industries.

  • January 08, 2026

    Lower Construction Demand Sent Porta Potty Giant To Ch. 11

    Weaker demand in the construction market over the past several years combined with inflation and heightened competition led United Site Services Inc., the parent company of porta-potty provider Johnny On The Spot, to file for bankruptcy.

  • January 08, 2026

    Ice Miller Names Deputy Managing Partner Duo, New Partners

    Following the official appointment of new chief managing partner Joshua Christie, Ice Miller LLP announced that it has named two attorneys as deputy managing partners and has elevated six attorneys to partner.

  • January 08, 2026

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

    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.

  • January 07, 2026

    Tricolor Ex-CEO Must Take Questions At Creditor Meeting

    A Texas bankruptcy judge on Wednesday said the former chief executive of bankrupt subprime car loan lender Tricolor Holdings will have to appear at a creditor meeting despite his argument that he won't be able to answer questions without incriminating himself in his fraud trial.

  • January 07, 2026

    First Brands' Ex-Execs Can Tap Only Some D&O Coverage

    A Texas bankruptcy judge Wednesday allowed former First Brands executives to access about half of the company's directors and officers insurance to help pay for their legal fees as they face misconduct claims, ruling that the remainder of the proceeds are property of the car parts maker's bankruptcy estate.

  • January 07, 2026

    Incora Minority Noteholders To Appeal 'Uptier' Loss

    Minority noteholders that lost collateral rights in a 2022 financing deal at aircraft parts supplier Incora will appeal a decision by a Texas federal judge that had upheld the debt exchange, according to a notice filed Tuesday.

  • January 07, 2026

    Azul Judge Says Releases Proper In Ch. 11 Opinion

    The New York judge who confirmed the Chapter 11 plan of Brazilian airline Azul SA last month issued an opinion Tuesday explaining his decision to overrule objections lodged by the U.S. Trustee's Office, saying the releases and exculpation provisions of the plan and the payment of indenture trustee expenses were all proper under the Bankruptcy Code and relevant case law.

  • January 07, 2026

    Genesis Cleared For New Ch. 11 Auction And Stalking Horse

    Nursing home operator Genesis Healthcare may hold a new Chapter 11 auction with a fresh stalking horse offer worth nearly $1 billion, a Texas bankruptcy judge ruled Wednesday, a month after she nixed the results of its previous auction.

  • January 07, 2026

    Ellenoff Grossman Grows With NY Litigation Firm Tie-Up

    Ellenoff Grossman & Schole LLP has combined with trial law firm Kaplan Rice LLP in New York, bringing on eight attorneys, doubling the size of its trial and litigation practice group, and giving the group new leaders, according to a Wednesday announcement.

  • January 06, 2026

    6 Key Rulings From Outgoing Del. Justice Karen L. Valihura

    Soon-to-be-retiring Delaware Supreme Court Justice Karen L. Valihura carved her name deeply into First State corporate law jurisprudence over her dozen years on the bench, at a time of surging caseloads and intensifying political scrutiny of the business court where many of the country's largest corporate battles are waged.

  • January 06, 2026

    NJ Judge Signals Green Light To Revive J&J Unit's Libel Suit

    A New Jersey federal judge has indicated she is planning to grant a bankrupt Johnson & Johnson talc subsidiary's bid to revive its trade libel claim over a scientific article linking asbestos in talc to mesothelioma.

  • January 06, 2026

    Debtor MMA Law Seeks To Nix La. Court's Fee Claim Order

    Mass tort litigation firm MMA Law asked a Texas bankruptcy judge late Monday to invalidate a ruling from a Louisiana federal court, saying the Chapter 11 automatic stay protects MMA's assets, including the claims for unpaid legal fees the firm earned before dropping out of hurricane insurance suits in the Louisiana court.

  • January 06, 2026

    Genesis Healthcare Selects New Bidder For Ch. 11 Sale

    Bankrupt nursing home company Genesis Healthcare Inc. on Tuesday announced Genie 3 Partners LLC as its new stalking horse bidder for the upcoming second auction of all its assets, following a Texas bankruptcy judge's rejection last month of the previous sale bid.

  • January 06, 2026

    Meet The Attys For Porta Potty Parent In Ch. 11

    United Site Services Inc., the parent of porta-potty provider Johnny On The Spot, has brought together attorneys from Cole Schotz PC and Milbank LLP to see it through its prepackaged Chapter 11 case.

  • January 05, 2026

    PrimaLend To Seek OK For Ch. 11 Bidding In Market Test

    PrimaLend Capital Partners LP plans to ask a Texas court Tuesday to let it sell its assets in an effort to maximize the value of its loan portfolios to car dealerships that cater to low-income customers, after sale efforts failed before it filed for bankruptcy in October.

  • January 05, 2026

    PG&E Inks $100M Deal To Settle Investors' Wildfire Suit

    California utility Pacific Gas & Electric Co., its brass and its underwriters have reached a $100 million deal ending investor claims over allegedly misleading statements about the company's safety practices ahead of deadly wildfires in the past decade.

  • January 05, 2026

    Nicklaus Takes Aim At Bankrupt Golf Co.'s Ch. 11 Loan

    Retired professional golfer Jack Nicklaus is opposing the Chapter 11 financing and sale procedures floated by sporting gear and golf course design company GBI Services, saying the business is trying to sell assets that include valuable intellectual property that he owns.

  • January 05, 2026

    Ligado Says Inmarsat's FCC Suit Broke Ch. 11 Automatic Stay

    Telecommunications group Ligado Networks says a maritime satellite communication group flouted the automatic stay of its bankruptcy and a mediated deal last month by bringing a lawsuit over Ligado's request to the government to let it license out spectrum rights.

  • January 05, 2026

    Luminar Says Ex-CEO Won't Cooperate With Ch. 11 Probe

    Luminar Technologies, a developer of lidar technology for autonomous vehicles, has told a Texas bankruptcy judge its former chief executive is refusing to cooperate with a subpoena and provide information it needs to investigate potential estate claims.

  • January 05, 2026

    Tricolor Ex-CEO Fights Bid To Get Him To Creditor Meeting

    The ex-CEO of subprime car loan lender Tricolor Holdings is asking a Texas bankruptcy judge to reject a motion to compel him to attend a meeting of the company's creditors, saying he would be unable to answer questions due to the pending criminal charges against him.

  • January 05, 2026

    Pine Gate Gets OK On $285M Asset Sale To Nofar

    A Texas bankruptcy judge on Monday approved solar energy developer Pine Gate Renewables' $285 million sale of certain assets to Nofar USA Energy Investments and Management after the debtor reached a deal with secured lender Carlyle Group Inc. in its Chapter 11 case.

  • January 05, 2026

    MoFo US Offices Lead 2026 Partner Promotions

    More than a dozen attorneys at Morrison Foerster LLP have started the new year with new titles following the firm's Monday announcement of its partner promotions for 2026.

  • January 02, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Creditors are asking a Texas bankruptcy judge to give them more than 99% of a reorganized oil driller's equity following a ruling from the Fifth Circuit. A subprime auto lender is hoping to send its Chapter 11 plan out for a creditor vote. And a bankrupt nursing home operator will defend its lawsuit against federal regulators to keep an Alabama location open.

Expert Analysis

  • Firms Must Offer A Trifecta Of Services In Post-Chevron World

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    After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.

  • How Cos. Can Leverage IP In Corporate Bankruptcy

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    In light of an increase in year-to-date Chapter 11 filings, businesses must understand the importance and value of intellectual property in corporate bankruptcy and restructuring, from contributing to enterprise value, to providing leverage in negotiations and facilitating recovery, says Gregory Campanella at Ocean Tomo.

  • Avoiding Retail Bankruptcy As Economic Uncertainty Persists

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    Amid record retail bankruptcies and continued economic uncertainty in 2024, retailers can take specific steps like building stronger cash-flow models, managing inventory wisely and reassessing cost structures to avoid financial distress, say consultants at BRG.

  • Banking Compliance Takeaways From Joint Agency Statement

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    Federal bank regulatory agencies’ recent joint statement warning of risks associated with third-party fintech deposit services spotlights a fundamental problem that may arise with bank deposit products that are made through increasingly complex customer relationships, says Tom Witherspoon at Stinson.

  • Litigation Funding Disclosure Key To Open, Impartial Process

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    Blanket investor and funding agreement disclosures should be required in all civil cases where the investor has a financial interest in the outcome in order to address issues ranging from potential conflicts of interest to national security concerns, says Bob Goodlatte, former U.S. House Representative for Virginia.

  • Law Firms Should Move From Reactive To Proactive Marketing

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    Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.

  • Chapter 11 Ruling Signals Emphasis On Lockup Provisions

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    A New York bankruptcy court's recent ruling in GOL Linhas Aéreas Inteligentes’ Chapter 11 case provides creditors with a strong basis for resisting requests to lock up or otherwise limit their voting rights, say Dania Slim and Andrew Alfano at Pillsbury.

  • Vendor Rights Lessons From 2 Chapter 11 Cases

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    A Texas federal court’s recent critical vendor order in the Zachry Holdings Chapter 11 filing, as well as a settlement between Rite Aid and McKesson in New Jersey federal court last year, shows why suppliers must object to critical vendor motions that do not recognize creditors' legal rights, says David Conaway at Shumaker.

  • Mirror, Mirror On The Wall, Is My Counterclaim Bound To Fall?

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    A Pennsylvania federal court’s recent dismissal of the defendants’ counterclaims in Morgan v. Noss should remind attorneys to avoid the temptation to repackage a claim’s facts and law into a mirror-image counterclaim, as this approach will often result in a waste of time and resources, says Matthew Selmasska at Kaufman Dolowich.

  • E-Discovery Quarterly: Rulings On Hyperlinked Documents

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    Recent rulings show that counsel should engage in early discussions with clients regarding the potential of hyperlinked documents in electronically stored information, which will allow for more deliberate negotiation of any agreements regarding the scope of discovery, say attorneys at Sidley.

  • 3rd Circ. Ruling Shows Benefits Of IP Licenses In Bankruptcy

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    The Third Circuit’s recent ruling in Mallinckrodt’s Chapter 11 filing, which held that Mallinckrodt could sever its obligations to pay Sanofi royalties on sales of an autoimmune disease drug, highlights the advantages of structuring transactions as nonexclusive licenses for developers of intellectual property, say Gregory Hesse and Kaleb Bailey at Hunton.

  • Congress Must Increase Small Biz Ch. 11 Debt Cap

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    Congress must act to reinstate Subchapter V, which recently sunsetted when the debt threshold to qualify reverted from $7.5 million to just over $3 million, meaning thousands of small businesses will no longer be able to use the means of reorganization, says Daniel Gielchinsky at DGIM Law.

  • How To Grow Marketing, Biz Dev Teams In A Tight Market

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    Faced with fierce competition and rising operating costs, firms are feeling the pressure to build a well-oiled marketing and business development team that supports strategic priorities, but they’ll need to be flexible and creative given a tight talent market, says Ben Curle at Ambition.

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