Mid Cap

  • July 28, 2025

    Jackson Walker Settles Judge Romance Claims For $485K

    Jackson Walker LLP has reached a $485,000 settlement with two former bankruptcy clients to resolve a dispute related to the concealed romance of a former partner and former Texas bankruptcy judge David R. Jones, according to a motion filed Friday.

  • July 28, 2025

    NYC Real Estate Week In Review

    Goodwin and Perkins Coie are among various law firms that landed work on the largest New York City real estate deals that hit public records last week, a period that saw a trio of nine-figure deals become public.

  • July 28, 2025

    Rising Star: Sullivan & Cromwell's Benjamin Beller

    Benjamin Beller of Sullivan & Cromwell LLP helped defunct cryptocurrency exchange FTX through its Chapter 11 case and its disputes with other crypto debtors that culminated in a $14 billion-plus reorganization plan, earning him a spot among the bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 28, 2025

    Catching Up With Delaware's Chancery Court

    A Delaware vice chancellor last week sent several coordinated derivative suits seeking millions of dollars in damages from AT&T to trial and also chose a boutique firm to lead a potential "blockbuster" suit challenging a take-private deal of a sports and entertainment group after "heated" attacks between competing counsel.

  • July 28, 2025

    Meet The Attys Guiding IG Design Through Ch. 11, Asset Sale

    Gift wrap manufacturing giant IG Design Group Americas Inc. has called upon a team of attorneys from Latham & Watkins LLP to help the debtor find a buyer for its assets and wind down in Chapter 11.

  • July 25, 2025

    Mining Valve Maker Hits Ch. 11 With Asbestos Liabilities

    Valves and Controls US Inc. filed for Chapter 11 protection in Delaware Friday with between $100 million and $500 million in estimated liabilities, saying it is facing more than 2,000 asbestos claims it is planning to settle before winding down.

  • July 25, 2025

    What's Happening In Bankruptcy Court This Coming Week

    During the last week of July, bankruptcy judges will guide hearings that concern issues including confirmation of medical technology company Accelerate Diagnostics' Chapter 11 plan, converting hotel operator MOM CA's bankruptcy case to Chapter 7 and battery recycler Li-Cycle's request for approval of dismissal procedures.

  • July 25, 2025

    NY Judge OKs Transfer Of Developer's Ch. 11 To Michigan

    A federal bankruptcy judge in New York on Friday explained his decision to move the Chapter 11 case of a Detroit hospital developer from his courtroom to Michigan, saying that considerations including the convenience of those involved and the debtor's purpose made the change of venue appropriate.

  • July 25, 2025

    Charter School Funder Can Sell Business For $80M In Ch. 11

    A Delaware bankruptcy judge on Friday allowed Charter School Capital Inc., a company that provides funding for charter schools across the country, to sell its business for $80 million, $15.5 million of that in cash.

  • July 25, 2025

    Calif. Landlord Files Ch. 11 With Over $50M In Debt

    A company that owns an apartment building in California's Central Coast region has launched a Chapter 11 case with between $50 million and $100 million each in assets and liabilities. 

  • July 25, 2025

    Debt Burdens, Revenue Drop Led Pet Care App Wag! To Ch. 11

    Persistent unprofitability, revenue declines related to the COVID-19 pandemic, mounting debt and failed restructuring efforts led the company behind pet care app Wag! to file for bankruptcy. 

  • July 25, 2025

    Fiber Co. Tilson Cleared To Hold September Ch. 11 Auction

    A Delaware bankruptcy judge has approved broadband infrastructure developer Tilson Technology Management Inc.'s plans to hold a Chapter 11 auction for its assets in September as it looks for a stalking-horse bidder.

  • July 24, 2025

    Fiber Co. Tilson Sues Gigapower For Breach Of Contract

    Fiber network developer Tilson Technology Management Inc. has filed a lawsuit in Texas against joint venture Gigapower LLC, alleging wrongful breach of contract tied to large-scale infrastructure projects that ultimately pushed Tilson into bankruptcy.

  • July 24, 2025

    IRS Can Levy Religious Group's Property, Split 9th Circ. Says

    The IRS can impose a lien on an Arizona residential property held by a religious organization to collect unpaid taxes owed by a bankrupt couple who had decision-making authority over the entity's finances and bank account, a divided Ninth Circuit ruled Thursday.

  • July 24, 2025

    Data Privacy A Growing Concern In Bankruptcies, Panel Says

    A panel discussion hosted by the New York City Bar Association touched on data privacy in bankruptcy cases in the wake of 23andMe’s contentious Chapter 11.

  • July 24, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    The Chapter 11 trustee overseeing Chinese exile Miles Guo's bankruptcy won a $33 million mansion for the estate. An insolvent real estate investment firm in New Jersey launched an adversary action seeking to block a $21 million secured claim. And members of the U.S. House of Representatives introduced their version of legislation preventing treatment of DNA as an ordinary bankruptcy asset.

  • July 24, 2025

    Forex Firm Argentex Placed Into Administration

    United Kingdom-based currency risk manager Argentex said it has appointed administrators after suffering a "rapid" loss of liquidity amid volatility tied to the U.S. trade war.

  • July 24, 2025

    Hedge Fund Founder Fights To Keep His Own Ch. 11 In Florida

    The founder of insolvent hedge fund Weiss Multi-Strategy Advisers has asked a New York bankruptcy judge to not transfer his personal bankruptcy case out of Florida, arguing that is where his primary residence is and that his firm's New York case is winding down.

  • July 24, 2025

    Richards Layton Names Bankruptcy, Litigation Leaders

    Delaware firm Richards Layton & Finger PA has named two partners who have each spent more than 20 years at the firm to serve as leaders of its bankruptcy and corporate restructuring and litigation departments.

  • July 23, 2025

    Lender Seeks End To NY Developer's 2nd Ch. 11 Try

    A prospective developer of a Westchester County, New York, property has filed for Chapter 11 protection in a New York bankruptcy court with more than $10 million in debt and a mortgage provider seeking to dismiss the case, saying it's an attempt to dodge a foreclosure sale.

  • July 23, 2025

    Dolphin Co. Unit Nears Court Approval Of Bid Procedures

    A Delaware bankruptcy judge said Wednesday she will approve the bidding procedures that an insolvent subsidiary of The Dolphin Co. proposed for a sale of all its assets, once the debtor makes certain revisions to its requests.

  • July 23, 2025

    Charter School Funder's Creditor Blasts Ch. 11 Depo Bid

    Charter School Capital Inc.'s largest unsecured creditor has asked a Delaware bankruptcy judge to throw out the debtor's bid to depose its principal, arguing the request is "obvious retaliation against" the investor's attempt to slow the charter school funding firm's proposed sale process.

  • July 23, 2025

    Stablecoin Law Risks Instability For Crypto Bankruptcies

    Legislation enacted this past week to regulate payment stablecoins features some of the most significant changes to U.S. bankruptcy law in two decades, providing coinholders with first-priority claims in certain insolvency cases in a way that risks sowing dysfunction in bankruptcy proceedings, experts told Law360.

  • July 23, 2025

    Perkins Coie Guides $154M NYC Hotel Sale

    An entity connected to hospitality management and ownership company GF Hotels & Resorts sold off a New York City hotel to an entity connected to real estate company Hawkins Way Capital, in a $154.5 million deal advised by Perkins Coie LLP, according to official property records.

  • July 22, 2025

    States, Asbestos Claimants Seek Claim Purge Block In Del.

    An attorney for companies embroiled in asbestos injury suits urged a Delaware vice chancellor Tuesday to block plans by asbestos bankruptcy claims trusts to begin routine destruction of exposure-related data, arguing that the move would cut off a potential last-resort source of information.

Expert Analysis

  • Despite Dark Clouds, Outlook For US Solar Has Bright Spots

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    While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.

  • Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

  • 9th Circ. Has Muddied Waters Of Article III Pleading Standard

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    District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.

  • Competing In Modern Pentathlon Makes Me A Better Lawyer

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    Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.

  • Law School's Missed Lessons: Teaching Yourself Legal Tech

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    New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.

  • How AI May Reshape The Future Of Adjudication

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    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

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    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

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    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • Law School's Missed Lessons: Appreciating Civil Procedure

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    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

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