Mid Cap
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April 22, 2026
Gov't Settles Suit Over $28M Tax Bill, Bahamian Trusts
The U.S. government reached a settlement in federal court with a Floridian who invoked Bahamian law to avoid repatriating trust funds that had resulted in a $28 million tax bill.
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April 21, 2026
4 Bankrupt Cos. Bringing In Cases For Landing
Four Chapter 11 cases saw filings in the last week that put them on the path toward plan confirmation, spanning the transportation, energy, retail and entertainment industries. Some will be liquidating, others will be reorganizing, but they are all making progress toward case resolution.
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April 21, 2026
Bills Sinking 'Texas Two-Step' Ch. 11 Cases Reintroduced
Members of Congress have reintroduced bipartisan legislation meant to deter so-called Texas two-step Chapter 11s, a controversial maneuver companies have used to address mass tort liabilities in bankruptcy.
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April 21, 2026
Stoli Bourbon Affiliate's Ch. 11 Trustee Asks To Hire Broker
The Chapter 11 trustee guiding the bankruptcy of whiskey company Kentucky Owl LLC asked a Texas bankruptcy judge to let her hire a broker to help sell the inventory belonging to the affiliate of Stoli Group USA LLC.
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April 21, 2026
Sullivan & Cromwell Alerts SDNY To AI Errors In Ch. 15 Case
Sullivan & Cromwell LLP told a New York bankruptcy judge Saturday that an emergency motion it filed in Prince Global Holdings Ltd.'s Chapter 15 case contained several inaccurate citations and other errors, including what the firm described as artificial intelligence "hallucinations."
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April 21, 2026
Catching Up With New Bankruptcy Case Action
Home shopping network owner QVC entered Chapter 11, as did a solar panel installation company based in California, and a Cayman Islands-based solar business sought Chapter 15 recognition.
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April 21, 2026
NYC Condo Board Ch. 11 Can Continue For Now
The condo association of a Manhattan hotel and residential tower can stay in Subchapter V bankruptcy for now, after a New York bankruptcy judge requested additional briefing and ordered the debtor to restore pending state court litigation.
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April 20, 2026
Beasley Allen Pro Hac Vice Revoked In Philly J&J Talc Cases
A Pennsylvania state court has booted Beasley Allen Law Firm attorneys from representing consumers in nine cases that link Johnson & Johnson's talcum powder to ovarian cancer, saying their pro hac vice admission was inappropriate given the firm's dealings with an attorney who previously represented the company.
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April 20, 2026
The Onion Makes Deal To Run Alex Jones' Infowars
The state court-appointed receiver of conspiracy theorist Alex Jones' Infowars media business has reached an agreement to license its trademark and domain name to The Onion, as the satirical news outlet seeks another chance at running Jones' website.
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April 20, 2026
Committee Balks At Hudson Hotel's $10M DIP Increase Ask
The official committee of unsecured creditors in the Chapter 11 cases of entities tied to the former Hudson Hotel objected Saturday to the debtors' request to increase its postpetition financing from $32 million to $42 million, saying the money won't be used to propel a reorganization plan toward confirmation.
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April 20, 2026
Del. Bankruptcy Judge Dies, Jones Day DQ'd In Miner's Ch. 11
A New York bankruptcy judge determined Jones Day cannot represent former talc producer Vanderbilt Minerals in its Chapter 11 case. Label maker Multi-Color and film producer Village Roadshow confirmed Chapter 11 plans. And U.S. Bankruptcy Judge John T. Dorsey, the former chief judge of Delaware's bankruptcy court, passed away "following a courageous battle with cancer." This is the week in bankruptcy.
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April 20, 2026
SPI Energy Seeks Ch. 15 Recognition Of Cayman Wind-Down
Cayman Islands-incorporated solar company SPI Energy has filed in Delaware for Chapter 15 recognition of its liquidation proceedings, saying U.S. court approval may help it conduct investigations and recover assets.
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April 20, 2026
Justices Mull Limits On Federal Review Of State Cases
The U.S. Supreme Court on Monday wrestled with the potential impact of reining in — or even scrapping altogether — a 100-year-old doctrine that curbs litigants' ability to go to federal court to try to overturn a state court loss.
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April 20, 2026
NYC Real Estate Week In Review
Vinson & Elkins and Spencer Fane are among the law firms that steered the largest New York City real estate transactions that became public last week, with a trio of Manhattan trades topping the list.
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April 17, 2026
Fla. Judge Confirms Cosmetic Co.'s Ch. 11 Exit Plan
A Florida bankruptcy judge said Friday she would confirm a cosmetic company's reorganization plan after the debtor ironed out a deal with creditors that reduced the founder's equity stake in the company.
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April 17, 2026
Vanderbilt Minerals Seeks OK For Deal With Parent Co.
Vanderbilt Minerals on Friday asked a New York bankruptcy judge to approve a settlement with its parent company that would pave the way for an asset sale, while creditors argued the ex-talc miner is trying to sign away $525 million in claims.
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April 17, 2026
What's Happening In Bankruptcy Court This Coming Week
Purdue Pharma will undergo an omnibus hearing and get criminally sentenced, Office Properties Income Trust will seek plan confirmation and Spirit will vie for the all-clear to take a vote on its own plan.
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April 17, 2026
Pa. Judge Steps Aside From Case Over Threats To Judges
A Pennsylvania federal judge agreed to step aside from a criminal case involving a man accused of threatening to kill judges after the man pointed out that the jurist had presided over a related bankruptcy matter.
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April 17, 2026
Businessman Denies Duping Council In £150M Solar Deal Row
A businessman has denied owing an effectively bankrupt local English council more than £150 million ($204 million) over a series of failed investments that he allegedly misrepresented and siphoned off for his personal spending, arguing that he never deceived the authority.
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April 17, 2026
Furniture Cos.' $19M Captive Insurance Scam Suit Resumed
A Maryland federal court has resumed a lawsuit accusing a D.C. corporate tax attorney and his former law firm of a $19 million captive insurance scam following notification that the bankruptcy proceedings of the attorney and the firm have concluded.
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April 17, 2026
Nussbaum-Linked Law Firms Hit Ch. 11 Facing Scheme Suits
Two commercial real estate law firms headed by Mark J. Nussbaum filed for Chapter 11 protection in New York, listing at least $353 million in disputed unsecured claims tied to the firms' hard money lending practices that have been described in litigation as a Ponzi scheme.
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April 16, 2026
Village Roadshow Ch. 11 Plan Greenlighted After WB Deal
Village Roadshow, the film production company behind "The Matrix" and "Ocean's Eleven," won confirmation of its disclosure statement and liquidation plan Thursday after striking a deal with Warner Bros. Entertainment and clearing other objections to smooth its path toward the exits.
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April 16, 2026
Political Shifts Blew Wind Farm Pile-Maker Into Ch. 11
EEW American Offshore Structures Inc. commenced a Chapter 11 bankruptcy case earlier this month, blaming a shift in political winds that led to the cancellation of an offshore wind energy project it had been contracted to help construct.
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April 16, 2026
NY Bar Assoc. Building Owner Broke Ch. 11 Deal, Lender Says
A lender of the insolvent owner of the historic New York County Lawyers Association Building in Manhattan accused the owner of violating a Chapter 11 settlement and asked a New Jersey bankruptcy judge to reinstate its $29 million claim in full.
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April 16, 2026
Under The Radar: Bankruptcy News You May Have Missed
Satellite company Inmarsat appealed an order escrowing settlement funds, the U.S. trustee balked at an Eddie Bauer retail operator's plan releases to no avail, and a New York bankruptcy judge approved a brain scan equipment maker for post-petition financing.
Expert Analysis
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Law School's Missed Lessons: In Court, It's About Storytelling
Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.
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Charges Signal Tougher Stance On Execs' Bankruptcy Fraud
The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea change in the willingness of federal prosecutors to use bankruptcy fraud as a basis to charge corporate officers more frequently alongside traditional statutes such as wire fraud, bank fraud and money laundering, say attorneys at White & Case.
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5 Different AI Systems Raise Distinct Privilege Issues
A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.
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AI-Assisted Arbitration Needs Safeguards To Ensure Fairness
As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.
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AI-Generated Doc Ruling Guides Attys On Privilege Risks
A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.
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The Law Firm Merger Diaries: Leadership Strategy After Day 1
For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.
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Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'
Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.
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If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access
With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers that need to retain access to key AI products in the event of vendor’s bankruptcy should consider four elements that could determine whether they may invoke traditional Section 365(n) intellectual property protections, say attorneys at Sidley.
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When Bankruptcy Collides With Product Recalls
The recent bankruptcy filing by Rad Power Bikes on the heels of a U.S. Consumer Product Safety Commission warning about dangerously defective batteries sold by the company highlights how CPSC enforcement clashes with bankruptcy protections, leaving both regulators and consumer litigants with limited options, says Michael Avanesian at Avian Law Group.
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Law School's Missed Lessons: Practicing Resilience
Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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2 Rulings Showcase Fuzzy Limits Of 'Related To' Jurisdiction
The Fifth and Ninth Circuits recently handed down decisions, in Sanchez Energy and Sawtelle Partners, respectively, reminding practitioners that bankruptcy court jurisdiction over lingering disputes is not guaranteed, regardless of whether confirmation orders contain specific "retention of jurisdiction" language, says Brian Shaw at Cozen O’Connor.