Mid Cap

  • February 10, 2026

    Venezuela, Mining Co. Won't Shoulder $3.1M In Citgo Fees

    A special master has lost his request to have Venezuela and gold mining company Gold Reserve pay his $3.1 million bill for defending against their unsuccessful bid to have him disqualified in long-running litigation over the sale of Citgo, with a judge saying they shouldn't have to shoulder "more than their ordinary share" of the fees.

  • February 10, 2026

    Theme Park Files Ch. 11 After Wrongful Death Judgment

    The owner of Colorado's Glenwood Caverns Adventure Park has filed for Chapter 11 protection in Delaware bankruptcy court, saying it's unable to pay a $116 million wrongful death judgment.

  • February 10, 2026

    Hospitals Face 'Perfect Storm' Of Fed. Cuts, Revenue Strains

    Facing federal budget cuts, soaring labor costs and a rising tide of uninsured patients, U.S. hospitals are approaching a financial cliff that could trigger a wave of closures nationwide.

  • February 10, 2026

    DOJ Drops Bid For Offshore Asset Freeze In $28M Tax Suit

    The U.S. Department of Justice and a family of overseas-trust beneficiaries struck a partial deal in a $28 million tax suit in Florida federal court, with the DOJ dropping its push to freeze the family's assets and the family agreeing to temporarily limit their account withdrawals.

  • February 10, 2026

    Catching Up With New Bankruptcy Case Action

    An Eddie Bauer retail operator took more than $1 billion in liabilities into Chapter 11 in New Jersey, as did a senior living-focused private equity investor in Texas, while a blockchain financial technology company started a bankruptcy in Delaware with over $100 million in debt.

  • February 09, 2026

    Altar'd State Opens Bidding For Francesca's IP At $7M

    Faith-based clothing retailer Altar'd State set an opening bid of $7 million for the intellectual property of bankrupt women's clothing retailer Francesca's, the debtor told a New Jersey bankruptcy judge Monday.

  • February 09, 2026

    Prime Core Sues SFox For $2.6M Clawback In Crypto Ch. 11

    The litigation trust for bankrupt cryptocurrency custodian Prime Core Technologies Inc. is seeking to claw back $2.6 million of preferential transfers from one of the company's former end users, stablecoin platform sFox Inc.

  • February 09, 2026

    Calif. Catholic Friars Strike $20M Sex Abuse Deal In Ch. 11

    An organization of Franciscan friars in California has informed a bankruptcy judge it reached a $20 million settlement with its creditors committee to address the sexual abuse claims asserted by nearly 100 people.

  • February 09, 2026

    America's Test Kitchen Owner Wins Auction For Food52 Brand

    Cooking and home goods e-commerce company Food52 Inc. has told a Delaware bankruptcy judge that the owner of the America's Test Kitchen television show's brand has submitted the winning bid for its primary business.

  • February 09, 2026

    Biotech Co. Gets OK For $16M Sale Of Monkey Cell Royalties

    Biotechnology company Alachua Government Services received approval on Monday from a Delaware bankruptcy judge for a $16 million sale to healthcare investment firm OrbiMed Advisors LLC of the royalty rights to a line of monkey cells being used to develop a smallpox vaccine.

  • February 09, 2026

    Linqto, Del Monte Get OK For Ch. 11 Creditor Deals

    Investment platform Linqto received approval for its liquidation plan, Del Monte scored approval for a $500 million asset sale and deal with its creditors, and a nursing home private equity investor hit Chapter 11 with more than $1 billion in debt. This was the week in bankruptcy.

  • February 09, 2026

    Blockchain Co. Archblock Files Ch. 11 With Debt Over $100M

    Blockchain financial technology company Archblock LLC filed for Chapter 11 bankruptcy relief in Delaware, listing more than $100 million in liabilities and less than $10 million in assets.

  • February 06, 2026

    Food Logistics Co. Can't Ditch Suit Over Toxic Fruit Pouches

    Parents who allege their child suffered injuries from a fruit purée pouch that allegedly contained unsafe lead levels can pursue claims against the company they say designed the pouch, but strict liability and express warranty cannot be among them, an Illinois federal judge said.

  • February 06, 2026

    Imerys Insurers Make Final Stand Against Ch. 11 Plan

    Parties supporting Imerys Talc America Inc. and Cyprus Mines Corp.'s joint Chapter 11 plan squared up one last time against dissenting insurers in Delaware bankruptcy court Friday, each side hoping to win a fight over the treatment of foreign tort claims that derailed a confirmation in April.

  • February 06, 2026

    Contractor Owner Fights Perjury Charges Tied To Bankruptcy

    The owner of a bankrupt government contractor has asked a Delaware federal court to throw out a perjury indictment against her, arguing federal prosecutors criminalized what she said were good faith, and in some cases accurate, disclosures made during a fast-moving bankruptcy case

  • February 06, 2026

    TPG Hid Exactech Defects To Dodge Liability, Trust Alleges

    The settlement trust of joint implant maker Exactech filed a billion-dollar lawsuit in Delaware Chancery Court against TPG Inc., accusing the private equity firm of controlling Exactech after buying it in 2018, concealing the implants' defects, delaying product recalls and pushing the company into Chapter 11 to avoid liability.

  • February 06, 2026

    Francesca's Can Proceed With Store Closing Sales In Ch. 11

    National women's clothing retailer Francesca's received approval Friday in New Jersey bankruptcy court to tap into the cash collateral of its lenders to support a wind-down of its operations, including conducting going-out-of-business sales at its 400 locations.

  • February 06, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges this week are set to consider granting approval of billions of dollars in Chapter 11 financing to support Saks, a request by FAT Brands investors to suspend the company's CEO, and bidding procedures for an asset sale by urgent care clinic operator Carbon Health.

  • February 06, 2026

    Partnership Asks Justices To Restore $23M Loss Deduction

    A partnership asked the U.S. Supreme Court to revive its $23 million loss deduction involving a Brazilian company, saying in a petition docketed Friday that the Second Circuit wrongly blocked a key argument and that an IRS anti-abuse regulation applied against the partnership should be invalidated.

  • February 05, 2026

    Buffalo Diocese Abuse Settlement Rises To $315M In Ch. 11

    The Roman Catholic Diocese of Buffalo is making progress in settling roughly 900 claims of child sexual abuse, with the financial settlement approaching $315 million, counsel for the unsecured creditors committee in the diocese's Chapter 11 case announced Thursday.

  • February 05, 2026

    Chubb 'Secret' Abuse Website Risks Industry Trust, Attys Say

    An accusation by the Archdiocese of New York that Chubb waged a "shadow campaign" against the church while also defending a slew of sex abuse suits against the church has the potential to disrupt trust in the insurance market.

  • February 05, 2026

    Ex-Alex Jones Atty Asks Conn. Justices To Nix Suspension

    A Connecticut attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case has asked the state's highest court to consider whether it was proper for a judge to suspend his law license for violating a protective order governing Sandy Hook families' personal information.

  • February 05, 2026

    Home Goods Biz Food52 Gets 5-Member Creditor Committee

    The Office of the U.S. Trustee has seated five trade creditors on home goods e-commerce brand Food52's unsecured creditors' committee, down from a seven-member committee formed last month in the Delaware Chapter 11.

  • February 05, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    A judge converted Dormify's Chapter 11 case to a Chapter 7, a Canadian clothier's foreign representative asked to close the U.S. portion of its insolvency proceedings, and the liquidation trustee for Bernie Madoff's estate lost an effort to add $7 million more in claims to a clawback case.

  • February 05, 2026

    Fulcrum Bionergy Reaches Deal On Abengoa Claims In Ch. 11

    The liquidation trust for Fulcrum Bioenergy proposed a settlement with Spanish energy company Abengoa SA in Delaware bankruptcy court that would resolve years of disputes between the parties over contract performance, with amounts of about $400 million in dispute.

Expert Analysis

  • Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

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    While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential risks to their business model and the power supply arrangements they rely on appear on the horizon, says Mark Sherrill at Chamberlain Hrdlicka.

  • 3 Notable Developments In Ch. 15 Bankruptcy This Year

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    Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified the framework of Chapter 15 surrounding nonparty releases, reinforced the principles of a debtor's center of main interest in the face of extensive mass tort litigation, and reviewed synthetic cross-border proceedings, say attorneys at Troutman.

  • Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

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    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.

  • Law School's Missed Lessons: Practicing Client-Led Litigation

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    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.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    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.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

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    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.

  • Law School's Missed Lessons: Networking 101

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    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.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    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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