Mid Cap
-
July 11, 2025
Dolphin Co. Says Ex-CEO Blocked Records, Violated Orders
Dolphin encounter company Leisure Investments Holdings LLC told a Delaware bankruptcy court that its former executives ignored the court's order to submit the debtor's business records, therefore it should impose sanctions until they comply with the order.
-
July 11, 2025
Better Therapeutics Settles SPAC Suit In Del. For $1M
Defunct telehealth provider Better Therapeutics Inc. has reached a roughly $1 million settlement with a shareholder to end a Delaware Chancery Court suit challenging its take-public merger, according to court filings.
-
July 11, 2025
Retiring Fla. Judge Shares Fascination With Bankruptcy Law
Longtime Florida bankruptcy Judge Laurel M. Isicoff says that one of the great things about being a bankruptcy judge is the ability to give second chances to those who earned them.
-
July 10, 2025
NJ Event Venue Gets Tentative OK On Ch. 11 Plan Disclosure
A New Jersey bankruptcy judge said Thursday that he would approve the disclosure statement from the operator of a restaurant and event venue business called The Chariot once it makes certain changes.
-
July 10, 2025
50 Cent's Ch. 11 Reopened After Woman's $20M Injury Suit
A Connecticut bankruptcy judge on Thursday reopened recording artist 50 Cent's 2015 Chapter 11 case but allowed a New York jurist to first decide whether to dismiss a woman's $20 million injury case, setting up a potential showdown over whether a 2017 discharge order might upend the woman's February lawsuit.
-
July 10, 2025
Cinemex Theater Co. Gets $2.6M For Operations In Ch. 11
A Florida bankruptcy judge approved more than $2.6 million to keep a theater company operating in its second Chapter 11 case on Thursday, allowing the funds to pay for critical vendors and goodwill expenses as the business plans another reorganization.
-
July 10, 2025
WilmerHale, US Trustee Spar Over Work In 23andMe Ch. 11
The U.S. Trustee's Office argued Thursday the consumer privacy ombudsman in genetic testing company 23andMe's Chapter 11 shouldn't be allowed to hire lawyers from WilmerHale over conflict of interest concerns the firm disputed, an issue the presiding Missouri bankruptcy judge promised to rule on promptly.
-
July 10, 2025
Tile Seller Mosaic Can Tap Into $9M Of Ch. 11 Funding
Bankrupt tile and stone seller Mosaic Cos. received approval Thursday from a Delaware judge to access $9 million of Chapter 11 financing as it pursues a court-supervised sale of one of its main retail units.
-
July 10, 2025
Under The Radar: Bankruptcy News You May Have Missed
A creditor of bankrupt event venue The Chariot objected to the company's disclosure statement, saying it lacks details on how the creditor's secured claim will be treated. Meanwhile, Pride Funding, a lender to companies owned by celebrity house flippers Jennifer and Cesar Pina, urged a New Jersey court to deny their use of cash collateral. And Big Lots Inc. is trying to extend for the third time its exclusive window to file a Chapter 11 plan.
-
July 10, 2025
11th Circ. Revives Case Over $3.1M Glassware Verdict Debt
The Eleventh Circuit has revived a case over $3.1 million in debt resulting from a jury verdict finding that two glass companies had copied the designs of another business, saying a lower court was wrong to find that the infringing companies' bankruptcy had wiped the debt out.
-
July 10, 2025
Meet The Attorneys Laying Down Mosaic Co.'s Ch. 11
Mosaic Companies, which owns several high-end tile and stone businesses, has filed for bankruptcy in Delaware to sell its assets and repay some $65 million of debt. The Georgia-based company has tapped a team of four attorneys with Morris Nichols Arsht & Tunnell LLP to chart its path through Chapter 11.
-
July 09, 2025
The Villages' Health Provider Gets Preliminary DIP Funding
A Florida bankruptcy judge preliminarily approved a $39 million debtor-in-possession financing plan for The Villages Health System LLC, which provides healthcare services to 55,000 residents of the best-known retirement community in America and filed for Chapter 11 protection last week.
-
July 09, 2025
Ex-Parler Owner Shielded From Fired CEO's $1.6B Suit
The company that once owned conservative social media platform Parler will continue to be protected from a $1.6 billion state court lawsuit the company's ousted CEO brought against it, but it will be subject to discovery requests related to other nondebtor defendants, a Delaware bankruptcy judge said Wednesday.
-
July 09, 2025
11th Circ. Rules Against Hotelier In Arbitration Battle
The Eleventh Circuit on Tuesday affirmed a bankruptcy court's annulment of an automatic stay to allow enforcement of an arbitral award issued in a dispute over a failed $250 million hotel conglomerate, rejecting arguments that the order was barred under a 2020 U.S. Supreme Court decision.
-
July 09, 2025
Tariffs Loom Large Over Smaller Ch. 11s So Far In 2025
Mid-market businesses have been struggling with economic uncertainty in the first half of the year, especially with the threat of higher tariffs and reduced incentives for renewable energy, bankruptcy professionals told Law360.
-
July 09, 2025
Scanrock's Ch. 11 Plan Disclosure Punted Over Notice Issue
A Texas bankruptcy Judge agreed Wednesday to postpone a decision on approving hydrocarbon driller Scanrock Oil & Gas' amended Chapter 11 plan disclosure, after the debtor told him the move was acceptable to defuse concerns about the notice window.
-
July 09, 2025
NJ Justices Disbar Fla. Atty For Misappropriating $100K
The New Jersey Supreme Court has disbarred a Florida attorney based on Disciplinary Review Board findings that she misappropriated more than $100,000 in client funds.
-
July 09, 2025
McGuireWoods Names New Office Leaders In 4 US Cities
McGuireWoods LLP announced Wednesday that it has appointed new office managing partners in Atlanta, Houston, Baltimore and San Francisco, continuing the firm's practice of rotating its staff in and out of key leadership positions.
-
July 09, 2025
Stone And Tile Seller Hits Ch. 11 With $65M In Debt, Sale Plans
Mosaic Cos., the parent of stone and tile distributors Walker & Zanger and Surfaces Southeast, filed for Chapter 11 protection in Delaware with $65 million of secured debt after it struggled to rebound from pandemic-caused supply chain disruptions.
-
July 08, 2025
Kohl's Says Self-Storage Renovation Led To Pa. Mall Exit
In seeking to ditch a lawsuit, Kohl's on Tuesday told a Pennsylvania federal judge that a mall owner breached a lease of two decades with an unwanted renovation project that added a nearby self-storage business and cut off the retailer's access to the mall's interior.
-
July 08, 2025
Job Site Monster.com OK'd For Swift Ch. 11 Auctions
A Delaware bankruptcy judge Tuesday signed off on online job search site CareerBuilder + Monster's plans to hold Chapter 11 auctions for its assets next week, approving bid procedures with three separate stalking horses.
-
July 08, 2025
Job.com Has $35M Credit Bid For Ch. 11 Auction
Artificial intelligence-powered recruiting platform My Job Matcher Inc. told a Delaware bankruptcy judge Tuesday it has obtained a $35 million credit bid from existing secured lenders as it pursues a sale of its assets in Chapter 11.
-
July 08, 2025
Meet The Team Helping Dr. Phil's Media Biz Through Ch. 11
A team of Sidley Austin LLP attorneys is helping a media company founded and partially controlled by the television personality known as Dr. Phil through Chapter 11 as it seeks to claw back a $25 million note from the company's Christian network co-owner.
-
July 08, 2025
Judge Approves TreeSap Farms' Ch. 11 Liquidation Plan
A Texas bankruptcy judge on Tuesday gave the final green light to landscape plant grower TreeSap Farms' liquidation plan after hearing the debtor, unsecured creditors' committee and prepetition lenders had reached a global settlement.
-
July 08, 2025
Catching Up With New Bankruptcy Case Action
Del Monte, a titan in the canned food industry, entered Chapter 11 in New Jersey. A media company partially controlled by Dr. Phil entered bankruptcy in Texas and began suing its joint venture partner. And a company that offers health care in The Villages retirement community hit bankruptcy in Florida with an initial bid for its assets.
Expert Analysis
-
Firms Still Have The Edge In Lateral Hiring, But Buyer Beware
Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.
-
A Closer Look At SDNY Bankruptcy Rule Amendments
The U.S. Bankruptcy Court for the Southern District of New York’s recent amendments to its local rules aim to streamline key Chapter 11 processes, resolve misunderstandings about previous iterations of the rules and urge caution about the use of artificial intelligence, say attorneys at Skadden.
-
FTX Exec's Sentencing Shows Pros And Cons Of Cooperation
The sentencing of former FTX tech deputy Gary Wang, whose cooperation netted him a rare outcome of no prison time, offers critical takeaways for attorneys and clients navigating the burgeoning world of crypto-related prosecutions, says Andrew Meck at Whiteford.
-
Gardening Makes Me A Better Lawyer
Beyond its practical and therapeutic benefits, gardening has bolstered important attributes that also apply to my litigation practice, including persistence, patience, grit and authenticity, says Christopher Viceconte at Gibbons.
-
Equitable Mootness Insights From Greenlit Ch. 11 Plan Appeal
A Texas federal court recently allowed a challenge to ConvergeOne's Chapter 11 bankruptcy plan to proceed because it wouldn't disrupt the IT company's confirmed plan or harm creditors, reinforcing the importance of judicial restraint in applying equitable mootness where limited relief is possible, say attorneys at Parkins & Rubio.
-
Litigation Inspiration: Reframing Document Review
For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.
-
The Challenges Of Abandoned Retirement Plans In Ch. 7
The Department of Labor's rule for unwinding retirement accounts when plan sponsors file for Chapter 7 bankruptcy was intended to alleviate trustees' administration issues, but practical challenges, like unresolved fee and identification matters, could hinder its implementation, say David Goodrich at Golden Goodrich and Nancy Simons at Stretto.
-
Circus Arts Make Me A Better Lawyer
Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.
-
When Investigating An Adversary, Be Wary Of Forged Records
Warnings against the use of investigators who tout their ability to find an adversary’s private documents generally emphasize the risk of illegal activity and attorney discipline, but a string of recent cases shows an additional danger — investigators might be fabricating records altogether, says Brian Asher at Asher Research.
-
3 Ways To Train Junior Lawyers In 30 Minutes Or Less
Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.
-
The Bar Needs More Clarity On The Discovery Objection Rule
Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.
-
So You Want To Move Your Law Practice To Canada, Eh?
Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.
-
A Strategic Checklist For Bankruptcy Motion Objections
Excerpt from Practical Guidance
Hewing to a set of best practices for objecting to a motion in bankruptcy cases can help creditors’ counsel stay on track as they juggle deadlines and jurisdictions, determine whether filing will help or harm the client, and negotiate with the debtor.