Mid Cap

  • April 13, 2026

    Aspiration's Ch. 7 Trustee Sues To Block Calif. Fraud Suit

    The Chapter 7 trustee for Aspiration Partners Inc. has sued investors who have alleged in California state court that the company's co-founder and others defrauded them, telling a Delaware bankruptcy court the civil case risks depleting estate assets that should be shared among all of Aspiration's creditors.

  • April 13, 2026

    Lowenstein Sandler Lands 4-Atty Polsinelli Bankruptcy Team

    Lowenstein Sandler LLP expanded its newly launched Wilmington, Delaware, office this week with the addition of a four-attorney bankruptcy team from Polsinelli PC, including the former co-chair of Polsinelli's bankruptcy practice.

  • April 13, 2026

    Saks Nears Lease Settlement, ABI Says Bankruptcies Up

    Saks and mall owner Simon Property said they are closing in on an agreement resolving a dispute over leases, recycler Aleon Metals received plan approval and the American Bankruptcy Institute reported a first-quarter bump in bankruptcy filings.

  • April 10, 2026

    SEC Suit Over $200M Water Machine Scheme Put On Ice

    A New York federal judge on Friday paused the U.S. Securities and Exchange Commission's civil suit against an Indiana man accused of participating in a $200 million Ponzi scheme, ruling that allowing discovery to go forward could interfere with the government's parallel criminal case.

  • April 10, 2026

    Big Banks Say They Were Victims Of Tricolor Fraud Scheme

    JPMorgan, Barclays and Fifth Third have urged a New York federal judge to toss an investor suit claiming the banks ignored flaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings, arguing that they were also victims of the fraud and not aware of the scheme despite being sophisticated financial institutions.

  • April 10, 2026

    Real Estate Recap: Q1 Dealmakers, Tariff Creep In Contracts

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the law firms that led real estate and hospitality deals in the first quarter, and examples of how tariffs are showing up in real estate contracts one year on.

  • April 10, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Label-maker Multi-Color and film producer Village Roadshow will seek court approval for their respective Chapter 11 plans. Spirit Airlines is hoping to send the reorganization plan for its second bankruptcy off for a creditor vote. And creditors to Brazilian telecommunications group Oi SA will argue that a planned equity sale violates an earlier Chapter 15 order.

  • April 10, 2026

    How Label Co. Multi-Color's Ch. 11 Got Mired In Conflict

    Multi-Color Corp. is barreling toward a confirmation hearing Monday in New Jersey amid a slew of disputes in its fast-tracked Chapter 11 case, potentially threatening the success of the label-maker's $3.9 billion debt reduction plan, experts told Law360. 

  • April 10, 2026

    Texas Multifamily Developer Hits Ch. 11 Amid Lender Suits

    A Texas-based workforce housing developer with affiliates and executives facing litigation from lenders has filed for Chapter 11 protection in Texas bankruptcy court with over $73 million in debt.

  • April 10, 2026

    Spanish Broadcasting System Signs Restructuring Deal

    Radio station operator Spanish Broadcasting System Inc. announced Friday it had entered into a restructuring support agreement with a majority of its secured noteholders to complete a prepackaged debt-for-equity swap plan through a Chapter 11 case, with an option to pivot to a sale of the business.

  • April 10, 2026

    Battery Recycler Files Ch. 11 With $143M+ Debt

    Massachusetts-based battery recycler Ascend Elements has filed for Chapter 11 in Texas with upward of $143 million in debt, saying it is hard up on cash at its early stage of development and needs to reorganize to meet its long-term goals.

  • April 09, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    The trustee in Bernie Madoff's bankruptcy unveiled a deal to end longtime litigation with a United Arab Emirates sovereign wealth fund. A bitcoin owner alleged scammers used confidential creditor information stolen from a bankruptcy claims agent to target him. And creditors objected to a resort developer's proposal to split land sale proceeds.

  • April 09, 2026

    Creditors Say Jones Day Conflicted In Vanderbilt's Ch. 11

    Unsecured creditors of mining company Vanderbilt Minerals told a New York bankruptcy judge Thursday that the company's choice of counsel should not be honored because Jones Day previously worked for nondebtor affiliates of the company and is conflicted.

  • April 09, 2026

    NY Nursing Home Objects To Push For Ch. 7

    Long Island nursing home operator Cold Spring Acquisition pushed back on a bid by its unsecured creditors' committee to convert its Chapter 11 bankruptcy to a Chapter 7 liquidation, arguing the committee failed to show there was cause to do so.

  • April 09, 2026

    MMA Law Accuses Lawyer, Insurance Co. Of RICO Scheme

    Embattled Texas firm MMA Law has filed nearly a score of complaints amid an ongoing bankruptcy action, including accusing a Louisiana attorney, his wife and an insurer of working together to "target, dismantle and destroy" the firm in an effort to avoid sharing a cut of legal fees stemming from storm damage claims.

  • April 09, 2026

    Meet The Attorneys Guiding IO Biotech In Ch. 7

    Denmark-based biotechnology firm IO Biotech has retained a team from Young Conaway Stargatt & Taylor LLP to guide it through Chapter 7 liquidation in Delaware bankruptcy court after its prospective cancer vaccine failed to pass muster.

  • April 09, 2026

    Health Aides' OT Suit Ends After Bankruptcy Ruling

    A Maryland federal court has dismissed the remaining claims by workers in a wage lawsuit against a home healthcare provider after related bankruptcy proceedings resolved the dispute, according to court filings.

  • April 08, 2026

    Colo. Cannabis Co. Seeks Receiver After $13M Loan Default

    A Colorado cannabis company requested judicial oversight of its dissolution Tuesday after informing a state court judge through a motion for emergency appointment of a receiver that the company is no longer able to pay its obligations.

  • April 08, 2026

    Judge To OK Aleon Ch. 11's Plan After Release Changes

    A Texas bankruptcy judge on Wednesday said he would confirm bankrupt recycler Aleon Metals LLC's Chapter 11 plan once its releases are narrowed, having concluded that the releases were consensual.

  • April 08, 2026

    SEC Says Booze Co. Ginned Up Bogus Sales In Investor Fraud

    The U.S. Securities and Exchange Commission has sued the former CEO of a now-defunct organic alcohol company in Minnesota federal court for allegedly raising $2.4 million from investors after recording sham transactions to prop up the company amid financial difficulties.

  • April 08, 2026

    Tonopah Creditor Calls For Ch. 11 Trustee To Probe Conflicts

    A bankrupt Nevada solar plant project is "hopelessly conflicted" and should see its case taken over by a Chapter 11 trustee, according to a creditor's motion filed on Wednesday.

  • April 08, 2026

    Calif. Student Housing Investor Hits Ch. 11 Ahead Of Auction

    The owner of Element Student Living, an apartment complex near California State University Sacramento linked to real estate firm Versity Investments, filed for Chapter 11 protections in Delaware with at least $50 million in liabilities two days before a scheduled foreclosure auction.

  • April 08, 2026

    Colorado Firm Drops Google Suit Over Deleted Biz Profile

    A Colorado state judge has granted a bankruptcy attorney's request to dismiss his complaint against Google, in which he accused the company of removing his firm's business profile without explanation.

  • April 08, 2026

    Debt Deals Drop Ch. 11 Recoveries To 10-Year Low, Fitch Says

    Creditors holding high-ranking debt issued by companies that emerged from bankruptcy in 2025 faced the worst average recoveries on their investment in the past 10 years, as liability management exercises that supply firms with new financing put increased pressure on lenders, Fitch Ratings has said in a new report.

  • April 07, 2026

    More Cases, Fewer Staffers Pinch US Bankruptcy Watchdog

    The federal bankruptcy watchdog program is being squeezed by staffing and budget cuts at the same time as insolvency filings are on the upswing, raising questions about whether the already austere Office of the U.S. Trustee can continue executing its mission of ensuring the integrity of the country's bankruptcy system.

Expert Analysis

  • Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

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    The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

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    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

  • What Insurers Must Know When Insureds File For Bankruptcy

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    With increasing inflation, rising unemployment and growing consumer credit delinquencies, insurers and their intermediaries must be prepared to handle policyholders who are filing for bankruptcy by acquainting themselves with key procedural details of the bankruptcy process, say attorneys at McDermott.

  • SDNY OpenAI Order Clarifies Preservation Standards For AI

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    The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.

  • Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • Power To The Paralegals: How And Why Training Must Evolve

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    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • Law School's Missed Lessons: Mastering Time Management

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    Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.

  • Rare Del. Oversight Ruling Sends Governance Wake-Up Call

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    An unusual ruling from the Delaware Court of Chancery recently allowed Caremark oversight claims to proceed against former executives of a company previously known as Teligent, sending a clear reminder that boards and officers must actively monitor and document oversight efforts when addressing mission-critical risks, say attorneys at WilmerHale.

  • 11th Circ. Equitable Tolling Ruling Deepens Circuit Split

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    The Eleventh Circuit recently held that equitable tolling was unavailable to extend a deadline to object to discharge of debt, becoming the most recent circuit court decision to address this issue, and deepening a split that requires resolution by the U.S. Supreme Court, says Paul Avron at Berger Singerman.

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