Large Cap

  • December 09, 2025

    Pine Gate Secures $1.6B Ch. 11 Financing Amid Creditor Deals

    A Texas bankruptcy judge said Tuesday he would give final approval to more than $1.6 billion of Chapter 11 funding for solar energy developer Pine Gate Renewables, after the debtor reached several settlements with key creditors.

  • December 09, 2025

    Post-COVID Slump Put American Signature Furniture In Ch. 11

    A post-pandemic sales slump, compounded by a weak housing market, high interest rates, tariffs and rising inflation, led home furnishing retailer American Signature Furniture Inc. to file for Chapter 11 protection.

  • December 09, 2025

    Expert Invoices Discoverable In J&J Talc MDL, Judge Says

    A New Jersey federal judge said Monday that the plaintiffs steering committee can receive invoices for Johnson & Johnson's experts' work relating to multidistrict litigation alleging the use of talcum powder caused ovarian cancer and mesothelioma, but only after it produces its own expert invoices.

  • December 09, 2025

    US, UK Duo Named Cadwalader Restructuring Chairs

    Cadwalader Wickersham & Taft LLP announced Tuesday that it has named a pair of experienced partners based in London and in New York and Washington, D.C., to lead the firm's financial restructuring practice.

  • December 09, 2025

    Trustee Says Winston & Strawn Is Liable For $1.7B Fintech Bust

    The trustee of the bankrupt self-styled "anti-woke" financial technology startup GloriFi said Winston & Strawn LLP shouldn't be allowed to escape a malpractice lawsuit over the company's $1.7 billion failure, saying the firm was a knowing participant in the allegedly unlawful activities of its then-CEO.

  • December 09, 2025

    Catching Up With New Bankruptcy Case Action

    A major Buddy's Home Furnishings franchisee entered Chapter 11 in Texas. The parent company of a Chapter 15 debtor began its own bid for U.S. insolvency recognition. And a New York law firm is seeking Chapter 11 protection after creditors filed involuntary Chapter 7 petitions.

  • December 09, 2025

    23andMe Research Biz Hires Pfizer Atty As GC

    Nonprofit medical research organization 23andMe Research Institute announced Tuesday that it has hired a longtime Pfizer attorney as its general counsel and chief risk officer.

  • December 09, 2025

    Calif. Nonprofit Hospital Hits Ch. 11 Looking To Sell

    California's Oroville Hospital and its parent company filed for bankruptcy Monday, listing more than $100 million of debt and saying it needs the protections of Chapter 11 to complete a value-maximizing sale of its facilities.

  • December 08, 2025

    Modivcare Slams Objectors At Ch. 11 Plan Trial

    Counsel for medical transportation company Modivcare urged a Texas bankruptcy judge Monday to confirm its Chapter 11 plan and disregard the objections of the unsecured creditors committee, calling the group's proposition a "zero-value bet."

  • December 08, 2025

    First Brands OK To Hire Advisers Amid Conflict Concerns

    A Texas bankruptcy judge on Monday allowed troubled auto-parts maker First Brands Group to hire restructuring advisers including Weil Gotshal & Manges LLP in its Chapter 11 case, rejecting calls from lenders that certain First Brands units should get separate professionals to avoid potential conflicts.

  • December 08, 2025

    3 Escape FTX Recovery Trust's $27M Clawback Suit In Del.

    A Delaware bankruptcy judge on Monday sided with three entities targeted in a $27 million clawback action by the FTX Recovery Trust and cut them from the case, saying the trust had not proven they are alter egos of a cryptocurrency exchange holding estate assets.

  • December 08, 2025

    Spirit Airlines Can Transfer 2 Chicago Gates For $30M

    A New York bankruptcy judge on Monday said he will approve a move by Spirit Airlines to transfer two of its four preferential gate assignments at Chicago's O'Hare International Airport to American Airlines for $30 million.

  • December 08, 2025

    Judge Backs Cutting $800M In FTX Ch. 11 Claims

    A federal appellate judge has upheld the Delaware bankruptcy court's decision to pay out almost nothing on $800 million in claims against collapsed cryptocurrency exchange FTX, agreeing with the bankruptcy judge that the crypto assets tied to those claims were essentially worthless.

  • December 08, 2025

    Rite Aid Seeks OK For $7.8M Ch. 11 Sale Of IP

    Former national drugstore chain Rite Aid asked a New Jersey bankruptcy judge to sign off on the sale of its name, social media accounts and customer loyalty data for $7.8 million.

  • December 08, 2025

    Carlton Fields Steps Aside In 'Irreconcilable' Miss America Case

    A Florida federal judge allowed Carlton Fields and its attorneys on Monday to withdraw from representing the plaintiffs in a dispute over the ownership of the Miss America pageant, after the firm said "irreconcilable differences" drew it to ask to step down.

  • December 08, 2025

    Gol Linhas Plan Overturned, Linqto Cleared To Solicit Votes

    A New York federal judge overturned Gol Linhas' Chapter 11 plan over third-party releases. Linqto was cleared to solicit creditor votes on its Chapter 11 plan; AmeriFirst received conditional approval for its disclosure statement despite the Office of the U.S. Trustee's objection. A Missouri judge approved 23andMe's $16.5 million cyber insurance buyback settlement. 

  • December 08, 2025

    Imerys Hits 'Merger Toggle' In Ch. 11 Plan

    Mineral producer Imerys Talc America has told the Delaware bankruptcy court it is planning to combine its reorganized debtors under a so-called merger toggle in its proposed Chapter 11 plan, a maneuver the lead debtor said would simplify postbankruptcy claims processing.

  • December 08, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court delivered a busy first week of December, featuring commercial disputes, post-closing merger and acquisition battles and renewed scrutiny of fiduciary conduct ranging from oil and gas investments to healthcare acquisitions. 

  • December 08, 2025

    New Orleans Archdiocese Gets OK For $230M Ch. 11 Plan

    A Louisiana bankruptcy judge on Monday approved the Roman Catholic Archdiocese of New Orleans' Chapter 11 plan, allowing it to go forward with a $230 million settlement with sexual abuse claimants.

  • December 05, 2025

    Real Estate Recap: Energy-Dependent Deals

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including how energy scarcity is affecting data center deals.

  • December 05, 2025

    NJ Judge Signs Off On $13M BlockFi Settlement

    A New Jersey federal judge Friday gave final approval to a $13.2 million settlement with investors seeking damages for their business with the failed cryptocurrency lender BlockFi Inc., awarding $10,000 to each lead plaintiff.

  • December 05, 2025

    Linqto Gets OK To Take Votes On Ch. 11 Plan With Stock Deal

    A Texas bankruptcy judge Friday allowed investment platform Linqto to solicit votes from creditors on its Chapter 11 plan, saying potential issues with the debtor's third-party releases and challenges to the deal by investors could be considered during a confirmation hearing.

  • December 05, 2025

    Gol Linhas Ruling Set To Roil Post-Purdue Release Landscape

    A federal judge's decision this week that Brazilian airline Gol Linhas' Chapter 11 plan releases were nonconsensual could have sweeping effects on how debtors secure valuable liability waivers in bankruptcy, complicating the question of what counts as consent under the U.S. Supreme Court's Purdue Pharma ruling, experts told Law360.

  • December 05, 2025

    What's Happening In Bankruptcy Court This Coming Week

    First Brands will undergo a hearing about a deal regarding its use of lender collateral in its Chapter 11, American Signature will seek the go-ahead on its bidding procedures, and Prospect Medical will make a deferred push to confirm its Chapter 11 plan.

  • December 05, 2025

    ModivCare Lenders Push For Swift Ch. 11 Plan Approval

    ModivCare's consenting creditors and debtor-in-possession lenders have urged a Texas bankruptcy court to quickly confirm the medical transportation provider's Chapter 11 plan, which they said will reduce its debt load by $1.1 billion, pushing back on challenges from the unsecured creditors' committee.

Expert Analysis

  • Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

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    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • How To Accelerate Your Post-Attorney Career Transition

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    Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.

  • Law School's Missed Lessons: Be An Indispensable Associate

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    While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.

  • 23andMe Case Highlights Privacy Complexities In Ch. 11

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    Attorneys at Pryor Cashman discuss the interplay between a sale of personally identifiable information and bankruptcy law in light of genetics and health company 23andMe's recent filing for Chapter 11 relief.

  • Birding Makes Me A Better Lawyer

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    Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.

  • Adapting To Private Practice: From DOJ Leadership To BigLaw

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    The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.

  • Law Firm Executive Orders Create A Legal Ethics Minefield

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    Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.

  • Firms Must Embrace Alternative Billing Models Or Fall Behind

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    As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.

  • How Attorneys Can Master The Art Of On-Camera Presence

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    As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.

  • Baseball Fantasy Camp Makes Me A Better Lawyer

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    With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.

  • Adapting To Private Practice: From Fed. Prosecutor To BigLaw

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    Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.

  • Perfecting Security Interests In Renewable Energy Tax Credits

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    The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson.

  • Firms Still Have Lateral Market Advantage, But Risks Persist

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    Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.

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