Large Cap
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									September 15, 2025
									NBA's Trail Blazers Sold To Owner Of NHL's HurricanesThe estate of Paul Allen has reached an agreement to sell the NBA Portland Trail Blazers to a group led by Tom Dundon, the chair of Dundon Capital Partners, who has had notable success in sports ownership in the National Hockey League and in professional pickleball but also is in the midst of a legal fight over the collapse of a spring football league. 
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									September 15, 2025
									Incora's Uptier Deal Upheld In Reversal Of Bankruptcy RulingA Texas federal court has ruled that aircraft-parts supplier Incora's controversial "uptier" debt exchange was "proper and appropriate," reversing a bankruptcy judge more than a year after he threw out the deal in a watershed decision on so-called creditor-on-creditor violence. 
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									September 15, 2025
									Sears Investors Ink $9M Deal In Fiduciary Breach CaseA hedge fund manager and his firm will pay more than $9 million to end a long-running lawsuit alleging that they shortchanged investors when they took Sears Hometown and Outlet Stores Inc. private in 2019, according to a deal filed in the Delaware Court of Chancery. 
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									September 15, 2025
									Jackson Walker Wants Breakup From Judge Romance SuitJackson Walker LLP says bondholders' proposed class action accusing the firm of covering up a romance between a one-time partner and bankruptcy judge is an attempt at invalidating an already confirmed Chapter 11 plan and should be tossed. 
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									September 15, 2025
									Raines Feldman Gains 7 New Attys In Calif., NYRaines Feldman Littrell LLP announced Friday that it has added seven new attorneys to its ranks, adding bicoastal legal talent across four different practice areas. 
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									September 15, 2025
									Steward Health Vendors Get Hearing On Sanctions BidA Texas bankruptcy judge agreed Monday to hear arguments over a request for sanctions against a buyer of Steward Health Care's hospitals, after a pair of vendors for the insolvent hospital operator alleged the buyer flouted a court order requiring it to pay them more than $7 million. 
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									September 12, 2025
									Real Estate Recap: CMBS Distress, Nuclear AI, Campus GolfCatch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney perspectives on commercial mortgage-backed securities distress, the dawn of nuclear-powered data centers, and the albatross of golf courses on colleges and universities. 
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									September 12, 2025
									Exile's Wife Loses Appeal Over $6.9M Connecticut MansionThe wife of Chinese exile and convicted security fraud defendant Miles Guo lost her bid to shield a $6.9 million Greenwich mansion from her husband's creditors when a Connecticut federal judge ruled Friday that the property ultimately belongs to his Chapter 11 estate. 
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									September 12, 2025
									Justices Urged To Skip Highland's Ch. 11 'Gatekeeper' AppealAn alternative investment firm pressed the U.S. Supreme Court to not review a Fifth Circuit decision narrowing releases and so-called "gatekeeper" provisions in bankrupt Texas investment group Highland Capital Management's Chapter 11 plan. 
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									September 12, 2025
									What's Happening In Bankruptcy Court This Coming WeekPurdue will ask a bankruptcy court to approve a retention incentive package for its CEO. Tilson Technology is scheduled for a hearing on its request for permission to complete a proposed asset sale. And the judge overseeing Steward Health Care's bankruptcy will consider whether to compel two hospital buyers to make payments and defend against accusations of contempt. 
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									September 12, 2025
									UK Litigation Roundup: Here's What You Missed In LondonThis past week in London has seen former Master Chef presenter Gregg Wallace sue the BBC, Elon Musk's xAI take legal action against a staff engineer, and fashion mogul Kevin-Gerald Stanford file a fresh claim against Lion Capital-owned Klotho and EY amid a long-running All Saints share acquisition dispute. 
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									September 12, 2025
									New Bankruptcy Group Modernizing Data Hack ResponseA trio of claims and noticing agents is working with chief clerks from two of the nation's most influential bankruptcy courts to standardize the way they will respond if there is a data breach that compromises creditors' personal information. 
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									September 11, 2025
									Girardi's Atty, Judge Debate If His Conviction Is 'Debatable'A California federal judge pushed back Thursday on arguments by Tom Girardi's lawyer that he should be free on bond while he appeals his wire fraud conviction, saying that debating the case doesn't automatically mean it raises "fairly debatable" questions sufficient to meet the Ninth Circuit's standard for remaining free on appeal. 
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									September 11, 2025
									Capital One Sues FDIC Over $149M SVB Bailout ChargeCapital One has sued the Federal Deposit Insurance Corp. in Virginia federal court challenging a $149 million charge in a special assessment levied by the agency as part of an effort to recoup losses from the 2023 regional banking crisis, saying the FDIC improperly included certain data in its calculation of the special assessment. 
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									September 11, 2025
									3rd Circ. Won't Toss Talc Co. Whittaker Clark & Daniels' Ch. 11Defunct talc supplier Whittaker Clark & Daniels properly filed for Chapter 11 protection in 2023 and its bankruptcy case should not be dismissed, the Third Circuit has ruled, siding against talc claimants who argued the company already being in receivership precluded it from filing for bankruptcy. 
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									September 11, 2025
									Under The Radar: Bankruptcy News You May Have MissedCryptocurrency miner Rhodium asked a bankruptcy judge to impose sanctions on a company that is asserting patent infringement claims in its Chapter 11 case. An implant manufacturer asked for a court's go-ahead to incentivize certain staff to stay with a $220,000 bonus. And an Austrian biotechnology company's representative wants subpoena power in its Chapter 15. 
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									September 11, 2025
									Sunnova Gets Tentative OK To Take Votes On Ch. 11 PlanA Texas bankruptcy judge on Thursday signaled he was prepared to approve solar power company Sunnova Energy International Inc.'s bid to take votes on a Chapter 11 plan after the debtor agreed to make changes to third-party releases described in a disclosure statement. 
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									September 11, 2025
									Part Of FTX's $167M Ch. 11 SkyBridge Suit Sent To ArbitrationA Delaware bankruptcy judge on Thursday partially denied investment firm SkyBridge Capital's bid to arbitrate most of FTX's $167 million lawsuit against it, while staying bankruptcy-specific portions to let an arbitrator first decide breach of contract claims. 
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									September 11, 2025
									JCPenney Settles Fee Dispute Over Jackson Walker RomanceThe corporate entities formerly known as JCPenney on Thursday asked a Texas federal court to greenlight a $1.4 million settlement with Jackson Walker PC in a dispute concerning the romance of a partner with a bankruptcy judge, the latest and largest of several settlements to seek approval in recent months. 
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									September 11, 2025
									Weil's New Appellate Co-Head On His Meteoric RiseIn a little more than five years, Robert Niles-Weed rose from beginning as an associate at Weil Gotshal & Manges LLP to being named co-head of its appeals and strategic counseling practice. 
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									September 10, 2025
									Spirit's Shake-Up In 2nd Ch. 11 May Not Save Budget AirlineIn its second bankruptcy case in under a year, Spirit Airlines has vowed to use the tools of Chapter 11 to ditch jets and change where it flies, but even a comprehensive restructuring this time may not save the business from an eventual liquidation, experts told Law360. 
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									September 10, 2025
									NIST Links Start Of Surfside Towers Collapse To Pool DeckThe National Institute of Standards and Technology's ongoing investigation into the 2021 partial collapse of the Champlain Towers South in Surfside, Florida, shows the collapse likely began in the 12-story residential building's pool deck, rather than in the main tower structure. 
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									September 10, 2025
									Oakland Diocese Looks To End Ch. 11 Over Mediation ImpasseThe Diocese of Oakland has asked a bankruptcy judge to dismiss its more than two-year-old Chapter 11 case, saying it cannot afford a contested confirmation hearing after hitting what it called a mediation deadlock with unsecured creditors. 
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									September 10, 2025
									Wind Co.'s DIP Gives Lender Too Much Control, Creditors SayThe unsecured creditors of an insolvent wind turbine blade maker have asked a Texas bankruptcy court to reject the terms of the debtor's proposed Chapter 11 financing, saying it would hand the reins of the bankruptcy case to one secured creditor. 
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									September 10, 2025
									Guo Trustee, Law Firms Get OK For Deals On $4.4M DisputesA Connecticut bankruptcy judge has approved deals between Chinese exile Miles Guo's Chapter 11 trustee and the law firm McDermott Will & Schulte, four other law firms and one consulting firm, ending $4.4 million in potential clawback claims without formal litigation. 
Expert Analysis
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								AI Will Soon Transform The E-Discovery Industrial Complex  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. 
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								When Innovation Overwhelms The Rule Of Law  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. 
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								Adventure Photography Makes Me A Better Lawyer  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. 
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								How Ch. 11 Can Alleviate Merchant Cash Advance Concerns  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. 
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								5 Ways To Create Effective Mock Assignments For Associates  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. 
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								8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.  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. 
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								Mentorship Resolutions For The New Year  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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								Coaching Little League Makes Me A Better Lawyer  While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt. 
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								5 Litigation Funding Trends To Note In 2025  Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital. 
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								Rethinking Litigation Risk And What It Really Means To Win  Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance. 
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								Lessons From Two New Year's Eve Uptier Exchange Decisions  On the last day of 2024, two different courts issued important decisions relating to non-pro rata uptier exchanges — and while they differ, both rulings highlight that transactions effected in reliance on undefined terms in debt agreements come with increased risk, say attorneys at Simpson Thacher. 
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								Playing Rugby Makes Me A Better Lawyer  My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig. 
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								No, Litigation Funders Are Not 'Fleeing' The District Of Del.  A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.