Large Cap
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									September 19, 2025
									Rite Aid Gets OK To Seek Votes On Dual-Track Ch. 11 PlanA New Jersey bankruptcy judge on Friday approved drugstore chain Rite Aid's bid to take votes on a Chapter 11 plan as the debtor weighs whether to complete a deal with McKesson Corp. or formally seek to dismiss its bankruptcy case. 
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									September 18, 2025
									Prospect Medical Says It May Drop Stay On Tort CasesCounsel for Prospect Medical Holdings on Thursday told a Texas bankruptcy judge that talks to establish a procedure for handling tort claims in the hospital operator's Chapter 11 case have deadlocked, and it's prepared to let hundreds of tort claimants go back to the courthouse. 
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									September 18, 2025
									Firms Look To Drop Shareholder Client Sapien In Linqto Ch. 11Lawyers for Sapien Group, a shareholder that has taken an active role in investment platform Linqto's Chapter 11 in Texas, have asked to withdraw from the case — saying their client has not paid outstanding legal bills. 
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									September 18, 2025
									Natixis Seeks Privacy Monitor For Madoff Document HandoverFrench investment manager Natixis wants a court-ordered international privacy monitor to oversee its transfer of discovery materials to the trustee administering the bankruptcy estate of Bernard Madoff in the trustee's $214 million clawback lawsuit against it. 
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									September 18, 2025
									Office Snapshot: Morris James Enters New Era With HQ MoveDelaware firm Morris James LLP on Thursday celebrated its move to a new headquarters in a 12-story building in north Wilmington, a relocation that firm leaders said is aimed at best meeting attorney and client needs and practicing law in a modernized setting. 
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									September 18, 2025
									Insurance Litigation Week In ReviewA Delaware state court found that Frontier Communications was entitled to a defense against copyright infringement claims, a split Ninth Circuit panel backed certification denial for a proposed class of Progressive policyholders, and the Second Circuit heard arguments in a firearms retailer's bid for coverage of ghost gun suits. Here, Law360 takes a look at the past week's top insurance news. 
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									September 18, 2025
									Meet The Attys For Subprime Lender Tricolor, Ch. 7 TrusteeTricolor Holdings, a company that provides car loans to low-income buyers, has tapped a lawyer from Sidley Austin LLP for its bankruptcy and the Chapter 7 trustee has assembled a team from McDermott Will & Schulte LLP as the debtor liquidates under pressure from more than $1 billion in debt. 
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									September 18, 2025
									Bonds Valid Under Venezuelan Law, Judge Rules In $2B CaseA New York federal judge on Thursday denied a bid by Venezuela's state-owned oil company to refuse enforcement of some $2 billion in defaulted bonds, finding after an "exhaustive review of Venezuelan law" that the bonds were validly issued. 
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									September 17, 2025
									Winston & Strawn Blamed For 'Anti-Woke' Fintech $1.7B CrashThe trustee of bankrupt "anti-woke" financial technology startup GloriFi on Wednesday launched malpractice litigation against Winston & Strawn LLP in Texas bankruptcy court, accusing the firm and one of its managing partners of putting the interests of the company's founder first and costing the business $1.7 billion in valuation. 
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									September 17, 2025
									2nd Circ. Won't Block Eletson Doc Transfer In Shipping RowThe Second Circuit on Wednesday declined Reed Smith LLP's emergency request to block the turnover of client files created amid its representation of Greece-based shipping company Eletson Holdings prior to an October 2024 reorganization, but agreed to refer the stay motion to a three-judge panel for consideration. 
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									September 17, 2025
									Linqto Gets Deal With Customers Over Stakes In Private StockTroubled investment platform Linqto has asked a Texas bankruptcy judge to approve a settlement with customers that would offer them a version of the exposure to private startups the company purported to sell before seeking Chapter 11 protection in July. 
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									September 17, 2025
									4th Circ. Told Panel's Ruling In Bestwall Ch. 11 DangerousA group of asbestos claimants has asked the full Fourth Circuit to reconsider a panel's ruling that Georgia-Pacific asbestos unit Bestwall could stay in Chapter 11 despite its parent being solvent, saying the opinion defies U.S. Supreme Court precedent and will enable debtors to abuse the system. 
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									September 17, 2025
									Judge Grossman Rejoins Duane Morris As Of CounselU.S. Bankruptcy Judge Robert E. Grossman has rejoined Duane Morris LLP as of counsel in the firm's business reorganization and financial restructuring practice in New York, where he was a partner before his appointment to the bench, the firm announced Monday. 
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									September 17, 2025
									Purdue Can Pay CEO Ch. 11 Bonus After Trimming CompA New York bankruptcy judge Wednesday approved a nearly $3 million incentive program for Purdue Pharma's chief executive after he agreed to reduce his total compensation by $500,000. 
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									September 17, 2025
									Yale Health System Settles $435M Hospital Sale SuitYale New Haven Health Services Corp., Connecticut's largest hospital system, has reached a settlement in principle with bankrupt Prospect Medical Holdings Inc. that would resolve a $435 million contract dispute over the sale of several hospitals in the state. 
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									September 16, 2025
									3rd Circ. Says Yellow Has Ch. 11 Pension LiabilitiesThe Third Circuit has rejected Yellow Corp.'s appeal of a bankruptcy court decision on pension liability in its Chapter 11 case, saying Tuesday that the trucking company's pension funds are correct in their calculation of how much it owes as it pulls out of its retirement plans. 
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									September 16, 2025
									Catching Up With New Bankruptcy Case ActionBankrupt dietary supplement company Iovate began a Chapter 15 case to protect its U.S. assets as it weighs pursuing a Canadian insolvency. A car loan lender for low-income people entered Chapter 7 with at least a billion in debt. And an aerospace manufacturer entered Chapter 11 with at least $15 million in debt to tackle. 
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									September 16, 2025
									FDIC Gets More Discovery In SVB Fraud Coverage RowA Chubb unit must comply with a previous order forcing it to give documents relating to the drafting history of certain policy provisions to Silicon Valley Bank former parent SVB Financial Group in a $73 million private equity fraud coverage dispute, a North Carolina federal court ruled. 
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									September 16, 2025
									Serta's Excluded Lenders Lose Preliminary Injunction BidLenders that were excluded from mattress maker Serta Simmons' contentious "uptier" debt exchange failed to persuade a Texas bankruptcy judge Tuesday to temporarily block their opponents from dissipating funds that could be used to compensate them, months after the Fifth Circuit rejected the debtor's transaction. 
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									September 16, 2025
									Judge Orders Bench Trial On Key Issue In Sirius Patent CaseA Delaware federal judge has ordered a bench trial on the issue of whether Sirius XM relied on a German research foundation's five-year delay in bringing patent claims related to satellite radio technology in making business decisions around that tech. 
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									September 16, 2025
									Boy Scouts Claimants Voice Frustrations With Ch. 11 ProcessA Delaware bankruptcy judge said Tuesday she was unable to review or override claim determinations made under procedures laid out in the Boy Scouts' Chapter 11 plan, despite impassioned and frustrated requests from survivors of childhood sexual abuse. 
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									September 16, 2025
									Former Judge Aims To Escape Suit Over Secret Atty RomanceFormer Bankruptcy Judge David R. Jones wants out of a lawsuit claiming his secret romance scandal infected the restructuring of life insurance bond seller GWG Holdings Inc., arguing that he's clearly protected by judicial immunity. 
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									September 16, 2025
									Guo Ch. 11 Trustee Reveals $70K Deal With NY Law FirmThe Chapter 11 trustee overseeing Chinese exile Miles Guo's Connecticut bankruptcy estate settled a $115,600 clawback action against a New York immigration firm for $70,000, new court records show. 
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									September 15, 2025
									3rd Circ. Backs Talc Co.'s Ch. 11, Hooters Must Split RoyaltiesThe Third Circuit determined that the board of directors for former talc supplier Whittaker Clark & Daniels had the power to put it into bankruptcy, despite the appointment of a receiver for its assets. The Catholic diocese for Oakland, California, has asked to end its Chapter 11, saying it has little hope for reaching a settlement with creditors. And debtors across the country secured confirmation of Chapter 11 plans. 
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									September 15, 2025
									Yellow Shareholder, Co. Object To NY Teamsters' $76M ClaimYellow Corp.'s largest public shareholder objected to a roughly $76 million claim from the New York State Teamsters Conference Pension and Retirement Fund, arguing that the pension didn't follow the steps that would allow the claim, with the trucking company itself echoing the opposition. 
Expert Analysis
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								5 Keys To Building Stronger Attorney-Client Relationships  Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development. 
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								How Courts Can Filter Nonmeritorious Claims In Mass Torts---copy.jpg)  Nonmeritorious claims have been a key obstacle to settlement in many recent high-profile mass torts, but courts may be able to use tools they already have to solve this problem, says Samir Parikh at Wake Forest University. 
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								Racing Corvettes Makes Me A Better Lawyer  The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome. 
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								Attorneys Must Act Now To Protect Judicial Independence  Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal. 
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								Rethinking 'No Comment' For Clients Facing Public Crises  “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen. 
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								How Design Thinking Can Help Lawyers Find Purpose In Work  Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan. 
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								Competitive Weightlifting Makes Me A Better Lawyer  The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law. 
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								Serta Ruling Further Narrows Equitable Mootness In 5th Circ.  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. 
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								Inconsistent Injury-In-Fact Rules Hinder Federal Practice  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. 
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								In-House Counsel Pointers For Preserving Atty-Client Privilege  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. 
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								Collecting Rare Books Makes Me A Better Lawyer  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. 
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								Judge Should Not Have Been Reprimanded For Alito Essay  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. 
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								Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example  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.