Mid Cap

  • February 24, 2026

    Meet The Team Helping Flight Simulator Co. Navigate Ch. 11

    Flight simulator operator Avenger Flight Group is being led through Chapter 11 by a team of attorneys from Pachulski Stang Ziehl & Jones LLP.

  • February 24, 2026

    A 'Bank Is A Bank': Lender Denies Aiding $100M Trust Fraud

    A Texas bank sought to dismiss an adversary complaint alleging it helped a nonprofit founder defraud a special needs trust out of $100 million, telling a Florida federal bankruptcy court Tuesday the lawsuit doesn't plausibly claim the lender knew of any wrongdoing.

  • February 24, 2026

    Theme Park Urges Lift Of Ch. 11 Stay To Appeal $116M Verdict

    The owner of Colorado's Glenwood Caverns Adventure Park has asked a Delaware bankruptcy judge to partially lift bankruptcy's automatic stay so it can appeal a $116 million wrongful death judgment that sent it into Chapter 11.

  • February 24, 2026

    Natural Gas Biz Axip Gets OK To Tap $32M In Ch. 11 Funds

    Natural gas compression company Axip secured a Texas bankruptcy judge's permission Tuesday to borrow about $32.4 million of a roughly $105 million Chapter 11 financing package to support its effort to sell assets.

  • February 24, 2026

    Catching Up With New Bankruptcy Case Action

    A company that provides natural gas compression equipment filed for Chapter 11 with more than $240 million in debt, a clay miner entered bankruptcy protection in response to an uptick in lawsuits, and a flavored air device maker asked U.S. courts to recognize its Canadian insolvency.

  • February 23, 2026

    PosiGen Gets OK For Ch. 11 Wind-Down Plan

    A Texas bankruptcy judge Monday approved solar panel leasing firm PosiGen's wind-down Chapter 11 plan after the company said it modified its third-party release provisions to conform to a federal district court decision issued earlier this month.

  • February 23, 2026

    Bankruptcy Pros See Parallels Between Dot-Com Era And AI

    Bankruptcy experts are saying the current enthusiasm for artificial intelligence has parallels with the early-2000s bubble of investment and debt in the online sector and the telecommunication industry.

  • February 23, 2026

    Bankruptcy Watchdog Appeals Stoli's Ch. 11 Trustee Order

    The U.S. bankruptcy watchdog appealed orders approving Stoli's use of cash collateral and appointing a Chapter 11 trustee to oversee the bankrupt liquor group.

  • February 23, 2026

    Bestwall Claimants Urge High Court To Hear Ch. 11 Challenge

    Asbestos claimants of Georgia-Pacific spinoff Bestwall have asked the U.S. Supreme Court to take up their challenge to Bestwall's "Texas two-step" bankruptcy, saying the Fourth Circuit created an "erroneous legal standard that incentivizes forum-shopping" when it allowed Bestwall to stay in Chapter 11 last year.

  • February 23, 2026

    Tonopah Solar Names $7M Stalking Horse Bidder

    A bankrupt Nevada solar project named a prospective bidder chosen to secure at least $7 million in a Chapter 11 asset auction.

  • February 23, 2026

    Catching Up With Delaware's Chancery Court

    Legal fee feuds, noncompete pact breach fights and post-closing "earnout" battles piled up in Delaware's equity and commercial law venues last week, with top jurists briefing lawmakers on efforts to better manage crowded dockets and expanded benches.

  • February 23, 2026

    Saks' $5B DIP Gets Final OK, Biotech Co. Wants Credit Bid Bar

    Luxury retailer Saks can access the final portion of a more than $5 billion Chapter 11 loan, the Roman Catholic Diocese of Oakland and its creditors' committee will submit competing Chapter 11 plans, and a biotech firm says a last-minute bid change has stifled bankruptcy auction competition.

  • February 23, 2026

    Greenberg Glusker Adds Land Use, Corporate Attys In LA

    Greenberg Glusker Fields Claman & Machtinger LLP announced Monday the firm is expanding its ranks with the addition of two new partners to its Los Angeles office: a land use whiz from Jeffer Mangels & Mitchell LLP and a transactional ace from Prospera Law LLP.

  • February 23, 2026

    Justices Won't Review Religious Group's Bid Against IRS Lien

    The U.S. Supreme Court declined Monday to review a religious organization's constitutional challenge against the Internal Revenue Service over a lien on church property to collect taxes owed by the group's bankrupt founder and her family.

  • February 23, 2026

    Stone And Sand Co. Files Ch. 11 With $32M Debt

    A New York-based purveyor of sand and stone aggregates sought Chapter 11 protection Friday, with over $32 million in liabilities and almost $1.3 million in assets.

  • February 23, 2026

    Natural Gas Compressor Co. Axip Files Ch. 11 In Texas

    Natural gas compression equipment provider Axip Energy Services has filed for Chapter 11 protection in a Texas bankruptcy court, saying it has secured an offer to sell its assets to deal with its $240.5 million in funded debt.

  • February 20, 2026

    Evolve Bank Freed From Fintech Yotta's Fraud Suit, For Now

    A San Francisco federal judge has dismissed Yotta Technology's lawsuit accusing Evolve Bank & Trust of operating a Ponzi scheme on the grounds that it can't proceed in federal court without now-defunct fintech intermediary Synapse Financial Technologies as a party, but the judge held it could be refiled in state court.

  • February 20, 2026

    McGlinchey Stafford Files Ch. 7 With Over $10M In Liabilities

    New Orleans-based firm McGlinchey Stafford PLLC, which announced last month that it's winding down operations after more than half a century, filed for Chapter 7 bankruptcy with more than $10 million in liabilities owed to former staff and attorneys, workplace vendors, financial institutions and other creditors.

  • February 20, 2026

    Clearside Bio Wants Block On $100M Bid That 'Froze' Auction

    Clearside Biomedical has urged a Delaware bankruptcy judge to block a KKR & Co.-owned firm from credit bidding some $100 million in allegedly secured debt in its Chapter 11 auction, saying the last-minute offer amounted to an "ambush" that "froze" competition.

  • February 20, 2026

    PrimaLend Confirms Ch. 11 Plan Folding In Asset Sales

    Auto lender PrimaLend Capital can head toward a Chapter 11 exit after a Texas bankruptcy judge on Friday approved a plan incorporating two credit bid sales of its loan portfolios and establishing a liquidating trust.

  • February 20, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy courts are set to tackle issues ranging from whether Saks Global's Chapter 11 precludes a landlord from reclaiming properties, MMA Law's plan to sell tort claim interests to another law firm, and Tilson Technology Management Inc.'s request to conclude its Chapter 11 case.

  • February 20, 2026

    Norcold Ch. 11 Plan Approved After Trustee Change

    A Delaware bankruptcy judge signed an order confirming the Chapter 11 plan of recreational vehicle refrigerator maker Norcold LLC Friday after the company filed update plan documents reflecting a change to the liquidating trustee.

  • February 20, 2026

    The Rise Of 'Good' Forum Shopping In Global Bankruptcy

    Companies with oppressive levels of debt are increasingly skipping Chapter 11 and restructuring overseas to obtain relief unavailable under U.S. bankruptcy law, using what some foreign courts and experts have called "good forum shopping" to select a preferred venue while keeping their operating business safe at home.

  • February 20, 2026

    Beasley Allen Can't Pause NJ Talc DQ Order, Judge Rules

    The Beasley Allen Law Firm can't delay an order disqualifying it from representing hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder while it seeks review from the New Jersey Supreme Court, a state judge ruled on Friday.

  • February 20, 2026

    Aleon Approved For Ch. 11 Plan Vote Solicitation

    Bankrupt recycler Aleon Metals LLC received conditional approval of its Chapter 11 plan disclosure statement Friday in a Texas court, clearing the way for the company to solicit creditor votes on the joint proposal of the debtor and its official committee of unsecured creditors.

Expert Analysis

  • 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.

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • 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.

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