Mid Cap
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April 06, 2026
Atty Appeals Sanctions Order In $500M Miss America Fight
An attorney sanctioned for submitting fraudulent documents in a $500 million dispute over ownership of the Miss America pageant and using them to help his client put the company into bankruptcy, indicated Monday that he is appealing the sanctions order to the Eleventh Circuit.
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April 06, 2026
FTE Seeks OK To Settle Corporate Control Dispute
Bankrupt telecommunications company FTE Networks is asking a New York bankruptcy judge to approve a settlement to end a long-running fight over control of the Nevada-based company that will leave the current CEO in place and the company in Chapter 11.
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April 06, 2026
Spirit Stalking Horse Prevails, Saks Gets Exit Cash, Files Plan
Spirit Airlines named its stalking horse as the winner of 20 planes previously set for auction. Saks Global Enterprises got exit funding and proposed a Chapter 11 plan. And a Delaware bankruptcy judge largely approved Yellow Corp.'s settlement of billions in pension fund claims.
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April 03, 2026
What's Happening In Bankruptcy Court This Coming Week
In the week ahead, bankruptcy courts will consider whether to dismiss a clawback suit from the estate of bankrupt crypto exchange FTX, label maker Multi-Color's bid to disband the official committee of unsecured creditors in its case, the sale of Avenger Flight Group to its stalking horse bidder, and the contested disclosure statement from urgent care facility operator Carbon Health Technologies Inc.
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April 03, 2026
Del. Court Won't Revive Defunct Gasket Co. In Asbestos Case
The Delaware Chancery Court has declined to unwind the dissolution of Reinz Wisconsin Gasket LLC, ruling that an asbestos claimant failed to prove the defunct company had any meaningful assets that should have been preserved for future liabilities.
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April 03, 2026
Cross River Bank Beats Suit Over Alleged Solar Loan Scheme
New Jersey-based Cross River Bank has, for now, escaped a proposed class action from an investor in solar technology company Sunlight Financial who accused the bank of overlending to risky borrowers in Sunlight's solar loan program as its financial partner.
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April 03, 2026
Law360 Announces The Members Of Its 2026 Editorial Boards
Law360 is pleased to announce the formation of its 2026 Editorial Advisory Boards.
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April 03, 2026
Meet The Attys Guiding Dating Service Co. Spark In Ch. 15
German dating service company Spark Networks had retained a team from Boies Schiller Flexner LLP to guide it through its return to the U.S. bankruptcy system as it seeks recognition under Chapter 15 for its latest insolvency proceedings.
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April 03, 2026
Caterpillar Worker's Bankruptcy Dooms Genetic Privacy Claim
An Illinois federal judge has thrown out a Caterpillar Inc. employee's proposed class genetic privacy suit over allegedly illegal medical history probes, saying the worker's midcase Chapter 7 bankruptcy filing means the claims now belong to his bankruptcy estate and not to him personally.
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April 03, 2026
Mortgage Co. In Settlement Talks On NC Phone-Pay Fee Suit
A certified class of North Carolina borrowers are working to settle claims over excessive fees charged by their mortgage servicer for paying bills by phone, with a judge agreeing to a stay in the case.
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April 02, 2026
Energy Drink Co. Founder Told Not To Sell Fla. Keys Property
A bankruptcy judge in Florida on Thursday blocked the founder of Bang Energy drinks from selling an island property and using proceeds to fund litigation, saying the court must determine whether the initial purchase used fraudulently procured funds.
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April 02, 2026
Pittsburgh's Oldest Brewery Hits Ch. 11
Pennsylvania Brewing Company Inc., which claims to be the oldest brewery in Pittsburgh, filed for Chapter 11 relief after being sued by its largest creditor.
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April 02, 2026
NY Nursing Home Creditors Push For Liquidation
The unsecured creditors of a Long Island nursing home operator are asking a New York bankruptcy judge to convert its Chapter 11 case into a Chapter 7 liquidation, arguing the company will run out of cash before it can confirm a bankruptcy plan.
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April 02, 2026
NY Judge Tosses $18M Ch. 11 Claim, Says It Was Not A Loan
A New York bankruptcy judge has disallowed an $18 million claim asserted by Equity Funding LLC in the bankruptcy case of 1300 Desert Willow Road, a New Mexico industrial building owner, finding that it was not actually a loan but equity.
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April 02, 2026
Under The Radar: Bankruptcy News You May Have Missed
A sand miner claims its landlord seized vital computers, a magnesium miner got court approval for a deal to sell collateral, a satellite company says it's switching claims agents after its old one was sold, and a drug company in the middle of a payment dispute asked for a way out.
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April 02, 2026
Puerto Rico Bankruptcy Stymies Paul Weiss, ACLU Fee Bids
American Civil Liberties Union and Paul Weiss attorneys who successfully eased restrictions on voting by mail in Puerto Rico during the COVID-19 pandemic cannot collect fees for their work because they were discharged in Puerto Rico's bankruptcy proceeding, the First Circuit has ruled.
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April 02, 2026
FBT Gibbons Lands Ex-Womble Bond Bankruptcy Leader
FBT Gibbons LLP announced Thursday that it has added the former national leader of Womble Bond Dickinson's bankruptcy, restructuring and creditors' rights team to its Delaware office.
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April 01, 2026
Cœur Proceeding: Why Dating Co. Spark Returned To Ch. 15
German dating service company Spark Networks seemed to have its heart's desire a little over two years ago when a German court approved its financial reorganization, but a disappointing comeback and a lawsuit have seen the debtor return to the U.S. court system seeking Chapter 15 recognition again.
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April 01, 2026
US Trustee Wants Nostrum Ch. 11 Converted Or Dismissed
The U.S. Trustee's Office asked a New Jersey bankruptcy judge to convert drugmaker Nostrum Laboratories' Chapter 11 case to a Chapter 7 liquidation or dismiss it altogether because the debtor has not been filing monthly operating reports.
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April 01, 2026
2 McCarter & English Attys Rise To Partner In NJ
McCarter & English LLP announced Wednesday that it has promoted two Newark, New Jersey-based attorneys to partner, one who is in the firm's bankruptcy group and the other who handles liability, mass torts and class actions.
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April 01, 2026
Oakland Diocese Yanks Insurance Deals From Newest Plan
The Roman Catholic Diocese of Oakland, California, told a bankruptcy judge Wednesday it removed $42 million in settlements with insurance carriers from its proposed Chapter 11 plan to eliminate one source of conflict with the committee representing abuse claimants in the case.
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April 01, 2026
Fortress Buys Bankruptcy Services Provider Omni
Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.
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April 01, 2026
Justices Undo Finance Co.'s Liability For Investment Losses
A financial company cannot be held liable for £1.7 million ($2.3 million) in losses from failed property investments, Britain's top court ruled Wednesday, finding that it wasn't responsible for the actions of the firm it appointed to set up the projects.
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March 31, 2026
Catching Up With New Bankruptcy Case Action
New dominoes fell as part of auto parts maker First Brands' bankruptcy, with three foreign subsidiaries of the company hitting Chapter 11 in Texas. Meanwhile, the owner of an upscale California mall and a residential real estate investment firm based in central New York sought bankruptcy protection following foreclosures. And a concrete truck supplier in Texas launched its own bankruptcy, saying immigration enforcement has weighed down its business.
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March 31, 2026
U.S. Trustee Seeks To Nix FTE Ch. 11 After Case Lapses
The U.S. Trustee said Tuesday that the contested Chapter 11 case of defunct telecommunications company FTE Networks Inc. should be thrown out because the debtor failed to file basic required documentation and still hasn't paid some statutory fees, among other alleged shortcomings.
Expert Analysis
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The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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Law School's Missed Lessons: Practicing Client-Led Litigation
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.
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E-Discovery Quarterly: Recent Rulings On Dynamic Databases
Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.
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Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings
Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.
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Law School's Missed Lessons: Networking 101
Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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Questions To Ask Your Client When Fraud Taints Financing
As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
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When Atty Ethics Violations Give Rise To Causes Of Action
Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.
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Law School's Missed Lessons: Educating Your Community
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.
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ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits
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.