Large Cap
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									September 26, 2025
									What's Happening In Bankruptcy Court This Coming WeekFurniture company Walker Edison will undergo a hearing about its postpetition financing deal, a judge will consider the terms of a global resolution proposed between Spirit Airlines and its largest lessor, and the Chapter 15 representative for an Austrian biotechnology company will seek subpoena power. Here are some of the noteworthy hearings scheduled for next week. 
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									September 26, 2025
									Argentina Blasts District Court Order To Turn Over YPF StakeArgentina has told the Second Circuit that a federal district court order requiring it to give up a 51% interest in nationalized oil company YPF would create a "legal mess and a diplomatic disaster," urging the appeals court to reverse the ruling and arguing the decision violated laws barring U.S. courts from taking foreign countries' sovereign property. 
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									September 26, 2025
									Miss America Dispute Turns On Dueling Fraud ClaimsA real estate developer and his attorney have hit back at claims they should be sanctioned for allegedly submitting fake contracts as evidence they own the company that runs the Miss America pageant, asserting in a Florida federal court filing that their litigation opponents are the ones "engaging in fraud." 
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									September 26, 2025
									UK Litigation Roundup: Here's What You Missed In LondonThis past week in London has seen Sanjeev Gupta’s Liberty OneSteel sue its collapsed former lender Greensill Capital, television personality Janice Dickinson hit ITV with a personal injury claim after falling over while appearing on “I’m a Celeb …”, and energy investor Blasket bring fresh litigation against Spain amid a row over a $416 million arbitration award. Here, Law360 looks at these and other new claims in the U.K. 
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									September 25, 2025
									Ex-Highland CEO Tells High Court Judge's Novels Show BiasThe founder and president of hedge fund Highland Capital Management has asked the U.S. Supreme Court to weigh in on a bankruptcy judge's refusal to recuse herself from proceedings involving the company after she published two novels that he says contain veiled commentary about the case. 
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									September 25, 2025
									Linqto's Private Stock Deal Applies Ch. 11 To Novel TerrainMonths into its bankruptcy, investment platform Linqto has proposed a novel Chapter 11 deal to let retail investors profit from the rise of private technology companies, offering in-kind recoveries under a plan that creatively applies provisions of bankruptcy law, experts told Law360. 
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									September 25, 2025
									Entities Tied To Auto Parts Supplier Hit Ch. 11 With $1B+ DebtsA group comprising at least a dozen entities affiliated with Carnaby Capital Holdings LLC filed for Chapter 11 protection in Texas on Wednesday, reporting liabilities of between $1 billion and $10 billion. 
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									September 25, 2025
									Buffalo Diocese Delays Bid To Hire Jones Day For Ch. 11 HelpA New York bankruptcy judge agreed on Thursday to table a request by the Roman Catholic Diocese of Buffalo, New York, to hire Jones Day for help working out legal issues related to a nonprofit, as the debtor races to propose a Chapter 11 plan by Oct. 1 to support a $272.5 million settlement. 
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									September 25, 2025
									Under The Radar: Bankruptcy News You May Have MissedFTX's recovery trust announced plans to give creditors $1.6 billion in distributions, the trustee overseeing the liquidation of Bernie Madoff's fraudulent investment firm won a $6.4 million clawback fight with another firm, and fiber network developer Tilson asked for more time to file a Chapter 11 plan. These are some of the bankruptcy stories you may have missed in the past week. 
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									September 25, 2025
									Michael Best To Combine With Denver Firm Allen VelloneMichael Best & Friedrich LLP is expanding its Denver office through a merger with 15-attorney litigation- and bankruptcy-focused firm Allen Vellone Wolf Helfrich & Factor PC, the firm said Wednesday. 
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									September 25, 2025
									Avon Gets Ch. 11 Plan ApprovedA Delaware bankruptcy judge has confirmed Avon's Chapter 11 plan a few days after verbally agreeing to approve it. 
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									September 25, 2025
									Jackson Walker Reaches 2 New Deals Over Judge RomanceJackson Walker LLP has reached two new settlements to resolve claims related to a concealed romance between a former firm attorney and a onetime bankruptcy judge, marking at least five such settlements since the scandal broke. 
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									September 24, 2025
									Mega-Bankruptcies Hit Post-COVID High, Report SaysBig corporate bankruptcies are on the rise, with 17 companies that hold more than $1 billion in assets each filing for bankruptcy in the first half of 2025, marking the highest number of filings in any six-month period since the onset of the COVID-19 pandemic in 2020, according to a report released Wednesday by Cornerstone Research. 
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									September 24, 2025
									Omnicare Can Tap $25M Initial DIP, Stage Set For Gov't FeudOmnicare LLC, a CVS Health subsidiary that provides pharmacy services for long-term care facilities, won a Texas bankruptcy court approval on Wednesday to use $25 million of interim debtor-in-possession financing amid a looming dispute over a $949 million judgment owed to the U.S. government over allegedly illegal billing. 
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									September 24, 2025
									Committee Says $100M DIP Loan Doesn't Benefit ModivcareThe official committee of unsecured creditors in the Chapter 11 case of medical transport company Modivcare objected to final approval of the debtor's $100 million bankruptcy loan late Tuesday, telling a Texas court the package includes "numerous infirmities" that need to be addressed. 
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									September 24, 2025
									Final JC Penney Ch. 11 Distributions On Horizon, Atty SaysLawyers winding down the bankruptcy estate of department store J.C. Penney told a Texas bankruptcy judge on Wednesday they expect to be able to make final creditor payments shortly, nearly five years after the Chapter 11 plan took effect. 
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									September 24, 2025
									Kennedys Adds Bankruptcy Partner From Connell Foley In NJKennedys CMK grew in New Jersey this week with the hire of a bankruptcy and creditors' rights expert joining the firm after nearly 20 years as a partner at Connell Foley LLP. 
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									September 24, 2025
									Meet The Attys Helping CVS' Omnicare Through Ch. 11Omnicare, CVS Health's subsidiary that provides pharmacy services for long-term care facilities, has enlisted the help of attorneys from Haynes Boone and Jenner & Block LLP to see it through the bankruptcy it began in the wake of a $949 million judgment issued against it in a New York federal court. 
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									September 23, 2025
									Spirit Strikes Ch. 11 Global Deal With Largest Lessor AerCapSpirit Airlines urged a New York bankruptcy court Tuesday to approve a global resolution the company reached with AerCap, its largest lessor, that could be a major step forward for the budget airline's riskier, second Chapter 11. 
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									September 23, 2025
									Ch. 11 Shields Co. From Suit Over Inmate Stroke, Judge SaysA federal judge in North Carolina has dismissed prison healthcare provider Wellpath from a lawsuit brought by the family of a man who died of a stroke inside a Charlotte jail, finding that the company's bankruptcy shields it from liability but allowing claims against a county sheriff and others to continue. 
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									September 23, 2025
									FTX Trust Seeks $1B From Crypto Miner Genesis DigitalThe recovery trust created under FTX's Chapter 11 plan has filed a lawsuit in Delaware bankruptcy court that aims to claw back more than $1 billion that FTX's founder invested in Genesis Digital Assets Ltd., accusing the bitcoin mining firm of overinflating its value and projections to secure the funds. 
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									September 23, 2025
									Catching Up With New Bankruptcy Case ActionA CVS Health pharmacy services subsidiary entered bankruptcy after a court entered a $949 million judgment against it. Biotechnology company ProPhase put three of its COVID-19 laboratory testing subsidiaries in Chapter 11. And a California cheesemaker filed for Chapter 11 protection after listeria contamination left the company facing more than $74 million in legal liability. 
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									September 23, 2025
									Privy Council Backs Undoing Fund's $230M Madoff Claim SaleThe top appeals court for U.K. overseas territories has endorsed a successful U.S. appeal brought by the liquidator of an overseas Bernard L. Madoff feeder fund to undo its allegedly imprudent sale of its $230 million claim against the Ponzi schemer's defunct firm to a hedge fund. 
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									September 23, 2025
									Genesis Deal Allows Claims Against Gemini, Judge SaysA New York bankruptcy judge said Tuesday he will shortly issue a ruling that a 2024 agreement between cryptocurrency exchange Gemini and bankrupt crypto lender Genesis Global allows Gemini customers to pursue independent claims against the company. 
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									September 22, 2025
									J&J Ruling Misapplied Goldman Precedent, 3rd Circ. ToldThe U.S. Chamber of Commerce and other business organizations are supporting Johnson & Johnson's call for the full Third Circuit to reconsider a ruling that the groups argue could "saddle" companies with investor class-action suits through the misapplication of a recent U.S. Supreme Court ruling. 
Expert Analysis
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								How BigLaw Executive Orders May Affect Smaller Firms  Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner. 
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								Lawsuits Shouldn't Be Shadow Assets For Foreign Capital  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. 
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								How To Accelerate Your Post-Attorney Career Transition  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. 
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								Law School's Missed Lessons: Be An Indispensable Associate  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. 
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								23andMe Case Highlights Privacy Complexities In Ch. 11  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. 
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								Birding Makes Me A Better Lawyer  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. 
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								Adapting To Private Practice: From DOJ Leadership To BigLaw  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. 
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								Law Firm Executive Orders Create A Legal Ethics Minefield  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. 
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								Firms Must Embrace Alternative Billing Models Or Fall Behind  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. 
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								How Attorneys Can Master The Art Of On-Camera Presence  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. 
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								Baseball Fantasy Camp Makes Me A Better Lawyer  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. 
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								Adapting To Private Practice: From Fed. Prosecutor To BigLaw  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. 
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								Perfecting Security Interests In Renewable Energy Tax Credits  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.