Mid Cap

  • August 25, 2025

    US Trustee Says Montessori Group's Deal Locks In Ch. 11 Plan

    The U.S. Trustee's Office on Monday asked a Texas bankruptcy judge to reject Higher Ground Education Inc.'s request to assume a pre-bankruptcy deal with its lenders, saying the agreement dictates the terms of the Montessori school operator's Chapter 11 plan.

  • August 25, 2025

    Meet The Attorneys Guiding Recycling Co. Aleon's Ch. 11

    Specialty recycling company Aleon has assembled a team of lawyers from Norton Rose Fulbright and Morrison Foerster LLP to oversee its Chapter 11 as the company is seeking to sell its assets to address more than $403 million in debt.

  • August 22, 2025

    3rd Circ. Upholds Shipbuilder's Ch. 11 Reopening

    A split Third Circuit panel on Friday upheld, 2-1, a New Jersey bankruptcy judge's discretion in reopening Congoleum Corp.'s 2003 Chapter 11 case and barring Occidental Chemical from pursuing Congoleum affiliate Bath Iron Works to recover pollution liability expenses.

  • August 22, 2025

    Truck Lease Protections Stymie Titan's First-Day Hearing

    Issues surrounding adequate protection payments in favor of truck lessors and financiers prevented bankrupt trucking firm Titan CNG LLC from receiving approval on Friday for its cash management motion, with a Delaware bankruptcy judge saying the lessors should be paid for the equipment being used by the debtor and its affiliates.

  • August 22, 2025

    Board Purge May Not Bring Puerto Rico Utility Bond Payments

    President Donald Trump's dismissal of nearly the entire board overseeing Puerto Rico's debt restructuring may result in a body that is more friendly to the island's electric utility bondholders, but their hopes for full payment will likely remain out of reach, experts told Law360

  • August 22, 2025

    CFPB Inks Synapse Deal That Opens Door To Consumer Relief

    The Consumer Financial Protection Bureau has reached a settlement with the bankruptcy trustee for Synapse Financial Technologies Inc. that could unlock millions of dollars in relief for consumers whose funds were stranded in the middleware provider's collapse.

  • August 22, 2025

    Stoli Offers Revised Ch. 11 Plan With Lender Backstop

    Vodka maker Stoli Group USA on Friday told a Texas bankruptcy judge it has modified its plan to partially pay off its secured debt with liquor by giving the lender a partial real estate backstop, but that it still hopes to pay off much of the loan with barrels of unfinished bourbon.

  • August 22, 2025

    What's Happening In Bankruptcy Court This Coming Week 

    In the coming week, bankruptcy courts will consider Wag!'s Chapter 11 plan and disclosure statement, Sunnova Energy's request for conditional approval of its disclosure and vote solicitation process, Party City's final disclosure statement, and Linqto Texas' request for approval of debtor-in-possession financing.

  • August 22, 2025

    Texas Recycling Biz Aims For Late September Auction

    A Texas bankruptcy judge said Friday that he would approve bidding procedures for the assets of specialty recycler Aleon Metals LLC, setting up an auction Sept. 29 with a stalking horse bid from its debtor-in-possession lenders.

  • August 22, 2025

    Tribe Member Can't Discharge Tax Debt, 10th Circ. Affirms

    An Oklahoma federal court correctly affirmed a bankruptcy court's refusal to reopen a case brought by a member of the Muscogee Creek Nation who claimed his tax debt should have been discharged in bankruptcy, the Tenth Circuit said.

  • August 22, 2025

    Compostable Film Co. Nets Approval Of Ch. 11 Plan

    A New Jersey bankruptcy judge has confirmed the liquidation plan of Ohio-based compostable film producer Plastic Suppliers Inc. after a hearing on approval for the slightly amended proposal that will see some unsecured claims paid out of a liquidation trust.

  • August 22, 2025

    White Forest To Liquidate In Ch. 7 After Failed Mine Sale

    A Delaware bankruptcy judge on Friday ordered coal producer White Forest Resources Inc.'s Chapter 11 case to be converted to a Chapter 7 liquidation after the debtor's attempt to sell a metallurgical coal mine fell through.

  • August 21, 2025

    Nikola SPAC, Related Settlements Reach $33.75M In Del.

    A multi-court string of settlements has produced a $33.75 million proposed payout for stockholders who alleged in direct and derivative state and federal actions that they were misled in deals that took electric vehicle maker Nikola Corp. public.

  • August 21, 2025

    'Sustainable' Fintech Leader Cops To $248M Investor Fraud

    The co-founder of bankrupt financial services company Aspiration Partners Inc. agreed on Thursday to plead guilty to defrauding investors and lenders.

  • August 21, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    An appellate court dismissed an appeal California brought against 23andMe's bankruptcy sale after the parties agreed to end the case; Fannie Mae asked a New York bankruptcy judge to prevent the bankrupt owner of an apartment complex from using rent for Chapter 11 financing; and another New York bankruptcy judge ordered a law firm to return $30,000.

  • August 21, 2025

    Nikola Ch. 11 Plan Ignores Trump Pardon, Founder Says

    Trevor Milton, the founder and former CEO of electric-truck maker Nikola who was convicted of securities fraud, has asked the Delaware bankruptcy court not to allow the company to subordinate his $69 million claim, saying its Chapter 11 plan doesn't accurately account for the full presidential pardon he received earlier this year.

  • August 21, 2025

    Pa. City Water Dept. Fights Bid To Sanction Counsel

    The Chester Water Authority has urged a Pennsylvania bankruptcy court to reject the city's bid to recover about $140,000 in attorney fees as sanctions, arguing any delay in producing documents was necessary to comply with a state confidential information law.

  • August 21, 2025

    AmeriFirst's Global Creditor Settlement Approved In Ch. 11

    Bankrupt mortgage lending company AmeriFirst Financial Inc. received court approval on Thursday in Delaware for a global settlement with creditors that resolves two years of legal disputes among the parties and opens a path for a Chapter 11 plan to be proposed by the debtor.

  • August 21, 2025

    Bankruptcy Trustee Axes RICO Claims Against BakerHostetler

    The trustee for the Alliance Health Liquidating Trust has agreed to drop two remaining civil racketeering claims against BakerHostetler in an adversary case stemming from the law firm's representation of a bankrupt pharmacy company in 2017.

  • August 21, 2025

    Ore. Whiskey Distillery Asks To Add $500K To Ch. 11 Loan

    Portland, Oregon-based whiskey producer House Spirits has asked a Delaware bankruptcy judge for permission to borrow an additional $500,000 in cash to finance its Chapter 11 case, raising the amount of its debtor-in-possession loan to more than $2 million.

  • August 21, 2025

    Meet The Attorneys Guiding Job.com's Ch. 11

    A team of lawyers from Morris James LLP is leading the bankruptcy case of artificial intelligence-powered employment recruiting platform My Job Matcher Inc., which does business as Job.com, as the company plans to sell its assets through Chapter 11 proceedings.  

  • August 20, 2025

    Meet The Acting US Trustee For Region Covering Fla., Ga.

    A more than 30-year veteran of the U.S. Trustee's Office has been tapped to take over, at least for now, the bankruptcy watchdog's region covering Florida, Georgia and two U.S. territories, after the person who had been holding the post resigned last week.

  • August 20, 2025

    Tinkerbell Quarrel Helped Drive IMG Fragrance Co. To Ch. 11

    A decadeslong dispute over a trademark for Tinkerbell fragrances and cosmetics played a major role in IMG Holdings Inc.'s decision to file for Chapter 11 earlier this month, as it now seeks to resolve the issue with a $3 million asset and trademark sale to creditor Fragrance Xtreme Inc.

  • August 20, 2025

    Hooters' Ch. 11 Plan's Approval Held Up By Lags Royalty Row

    A Texas bankruptcy judge postponed a decision Wednesday on restaurant chain Hooters of America's Chapter 11 plan amid a dispute over whether creditor Lags Equipment holds a secured claim against the company, an issue Hooters said threatens to "imperil" its proposed restructuring.

  • August 20, 2025

    US Trustee Seeks Two-Year Bankruptcy Ban For NYC Pot Club

    The U.S. Trustee's Office has urged a New York bankruptcy judge to block a self-described cannabis club from filing for bankruptcy for two years, saying the organization has filed a string of recent Chapter 11 petitions to thwart evictions.

Expert Analysis

  • 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.

  • How Attorneys Can Become Change Agents For Racial Equity

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    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.

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