Mid Cap

  • October 31, 2025

    Real Estate Co. CBRM Affiliates' Ch. 11s Tossed In NJ

    A New Jersey bankruptcy judge agreed Friday to dismiss the Chapter 11 proceedings for entities connected to troubled real estate group CBRM Realty Inc., diffusing creditors' efforts to have the cases thrown out as bad-faith filings.

  • October 31, 2025

    South African Airline's Deal With Boeing Approved In Ch. 15

    A New York bankruptcy judge has approved a settlement between aircraft maker Boeing and South African airline Comair in the carrier's Chapter 15 case, resolving ongoing federal litigation over the airline's collapse in the wake of 737 Max failures.

  • October 31, 2025

    How Even Successful Ch. 11 Reorgs Can Turn Off Consumers

    Bankrupt companies risk losing up to 15% of their value as a direct result of customers ditching them over concerns that their products will decline in quality during a Chapter 11 case, according to a recent study that assessed why even successful restructurings often turn away consumers.

  • October 31, 2025

    Near's Ch. 11 Suit Says Auditor Failures Cost SPAC $400M

    The plan administrator in the Chapter 11 case of data analytics company Near Intelligence filed a suit Thursday in Delaware bankruptcy court alleging that an auditing firm engaged by the debtor issued unqualified opinions that missed a yearslong billing scheme between the company and its largest customer.

  • October 31, 2025

    Ill. Judge Prefers 'Clean' Dismissal Against Ex-Girardi Attys

    An Illinois federal judge told Edelson PC on Friday to either dismiss its conversion case against two former Girardi Keese attorneys in a "clean" and "unadulterated" stipulation or submit legal authority supporting its desire to condition the dismissal on him adopting side agreements the parties outlined in their filing.

  • October 31, 2025

    Baltimore Diocese Judge Orders Trial On Charitable Immunity

    A Maryland bankruptcy judge ordered the Archdiocese of Baltimore and a group of child sexual abuse claimants to prepare for a December trial on whether a charitable immunity defense should allow the Catholic organization to duck abuse claims, calling the issue "too significant" to be decided without a complete factual record.

  • October 31, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen two regional law firms clash at the intellectual property court over the name Amicus Solicitors, Bill's Restaurant face a breach of contract suit by its former executive chair, and a Capita subsidiary sue the Metropolitan Police over a multimillion-pound procurement dispute. 

  • October 30, 2025

    NYC Hotel Co. Owners Charged With Fraud Over Loan Scheme

    Two owners of a Brooklyn hotel management company "fraudulently obtained" nearly $2 million worth of COVID-19 relief loans in a wire and bank fraud scheme that stretched from at least March 2020 to April 2022, the federal government alleged in New York federal court on Thursday.

  • October 30, 2025

    Long Island Diocese Asks To Close Out Ch. 11 Case

    The Roman Catholic Diocese of Rockville Centre is asking a New York bankruptcy judge to close its five-year-old Chapter 11 case, saying it has fulfilled the conditions of its Chapter 11 plan and settlement payments are flowing to the hands of sexual abuse survivors.

  • October 30, 2025

    Gambling Biz. Says Judge Shouldn't Rethink $28M Ch. 11 Sale

    Casino operator RunItOneTime and the buyer of four card rooms urged a Texas bankruptcy judge not to reconsider his approval of a Chapter 11 sale, saying a union failed to object ahead of a hearing to the $28 million deal.

  • October 30, 2025

    NC Judge Won't Order CEO's Arrest In Pool Company Dispute

    A North Carolina federal judge refused to further sanction a Chinese manufacturer on Wednesday after an American rival accused it of sidestepping court orders that seek information in fulfillment of a judgment exceeding $17 million.

  • October 30, 2025

    Ethics Atty Says Tattler's Timing Supports 'Blackmail' Threat

    A Pennsylvania attorney told a Florida bankruptcy court that debtors he'd been trying to collect from for years had unreported assets, just days after he allegedly threatened their lawyer that he would do so if they didn't pay up, state ethics watchdogs told a disciplinary panel Thursday.

  • October 30, 2025

    Asbestos Corp. Gets Ch. 15 Nod Over Claimants' Concerns

    A New York bankruptcy judge granted Chapter 15 recognition for Asbestos Corp. Ltd.'s Canadian restructuring over the objection of personal injury claimants and a Chapter 7 trustee, finding that the corporation's business activity in Canada outweighs its management of litigation in the U.S.

  • October 30, 2025

    No Sanctions Over 'Immature' Atty Emails In Job.com Ch. 11

    A Delaware bankruptcy judge Thursday declined to sanction an attorney from Morris James LLP in the bankruptcy case of Job.com, saying she disapproved of the tone of emails between the attorney and a pro se creditor but did not find it warranted sanctions.

  • October 29, 2025

    Judge Says He Will End Oakland Diocese Ch. 11 By Nov. 12

    A California bankruptcy judge said Wednesday he will grant a request by the Roman Catholic Diocese of Oakland to bow out of a Chapter 11 case it started two years ago by mid-November, but rejected calls from creditors to rule the bankruptcy had been filed in bad faith.

  • October 29, 2025

    Midas Loses Patent Infringement Claim In Rhodium Ch. 11

    A Texas bankruptcy judge nixed $12.3 million in claims asserted by data center cooling technology firm Midas Green Technologies against bitcoin miner Rhodium in the latter's Chapter 11, saying the claimant had failed to defend its demand for damages based on patent infringement.

  • October 29, 2025

    Energy Co. Asks 3rd Circ. To Undo Union Arbitration Ruling

    A nuclear power plant operator told a Third Circuit panel Wednesday that a healthcare plan dispute with union workers should not be considered arbitrable because it stemmed from an old agreement that fell outside the collective bargaining agreement's arbitration provision.

  • October 29, 2025

    Wind Co. Says Judge Lopez Doesn't Need To Recuse

    Bankrupt wind company TPI Composites Inc. has requested that U.S. Bankruptcy Judge Chris Lopez should continue to oversee its case, saying that he does not need to recuse himself just because he previously worked for the law firm that's representing the debtor.

  • October 29, 2025

    Catching Up With New Bankruptcy Case Action

    A Las Vegas arcade is seeking Chapter 11 protection in Nevada bankruptcy court. Two companies tied to the former Hudson Hotel near Manhattan's Columbus Circle filed for bankruptcy in Delaware. And a subprime auto loan company launched insolvency proceedings in Texas.

  • October 28, 2025

    Dr. Phil Media Co. Bankruptcy Converted To Ch. 7

    A Texas bankruptcy judge converted the bankruptcy of Merit Street Media to a Chapter 7 liquidation Tuesday, saying an independent trustee was needed to wade through issues surrounding the destruction of the relationship between talk show host Dr. Phil McGraw and Christian network Trinity Broadcasting.

  • October 28, 2025

    Unsecured Creditors Blast Mountain Sports' Ch. 11 Plan

    A pair of unsecured creditors of sports retailer Mountain Sports have asked a Delaware bankruptcy judge to reject the company's Chapter 11 plan disclosure, saying the plan attempts to split their claims into a separate creditor class to undermine their power in a vote on the plan.

  • October 28, 2025

    Publishers Clearing House Creditors To Vote On Ch. 11 Plan

    The estate of sweepstakes business Publishers Clearing House can seek votes on its Chapter 11 plan of liquidation, a New York bankruptcy judge said Tuesday, following the sale earlier this year of the debtor's business.

  • October 28, 2025

    Pages From Bankruptcy History: Chapter 15's Origins

    Chapter 15 of the Bankruptcy Code, which allows U.S. courts to recognize foreign bankruptcies, turns 20 years old this year, an anniversary that marks how far the courts have come since replacing a makeshift jumble of laws with a streamlined system.

  • October 28, 2025

    Exactech Gets Another $19M In DIP Funds Ahead Of Sale

    Joint implant maker Exactech Inc. received a Delaware bankruptcy judge's permission Tuesday to borrow an additional $19.1 million in its Chapter 11 case as the company works to complete an asset sale by the end of the week.

  • October 28, 2025

    Jackson Walker Atty Romance Deal Blasted As 'Collusion'

    A proposed settlement between Jackson Walker LLP and defunct life insurance bond seller GWG Holdings Inc. over a former Jackson Walker partner's secret romance with an ex-bankruptcy judge should be rejected because the deal "smacks of collusion," according to a recent objection.

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.