Mid Cap

  • June 04, 2025

    Adviser Sued For Pouring $100M Into Failing Development

    A Florida woman sued her financial adviser in state court Tuesday, claiming he engaged in a yearslong scheme to funnel $100 million of her money into a now-bankrupt mixed-use development project and convinced her to personally guarantee more than $300 million in loans for the project.

  • June 04, 2025

    HSF Kramer Taps Bankruptcy Duo As 1st Hires Since Merger

    Herbert Smith Freehills Kramer LLP announced on Wednesday its first hires since the merger between Kramer Levin Naftalis & Frankel LLP and Herbert Smith Freehills LLP became official at the start of this month, welcoming two attorneys from New York bankruptcy boutique Togut Segal & Segal LLP.

  • June 04, 2025

    Meet The Attorneys In Fiber Developer Tilson's Ch. 11

    A team of lawyers from Bernstein Shur and Saul Ewing is leading the Chapter 11 case of Tilson Technology Management Inc., in which the company is aiming to "reset" following financial challenges stemming from a client's failure to pay for services. 

  • June 03, 2025

    Judge OKs Genetics Co. Synthego's $25M DIP Facility

    A Delaware bankruptcy judge on Tuesday granted final approval for California-based gene-editing technology supplier Synthego Corp. to access $25 million in debtor-in-possession financing, following a resolution reached between the debtor, the lender, and the U.S. Trustee's Office.

  • June 03, 2025

    Canada Customers Agree To Halt 23andMe Data Breach Suits

    23andMe and Canadian customers suing over a data breach agreed on Tuesday to pause lawsuits against non-bankrupt third parties for up to six months amid the DNA testing company's Chapter 11 proceedings in Missouri.

  • June 03, 2025

    Meet The New Mediator In The Jackson Walker Fee Case

    Retired U.S. Bankruptcy Judge Joan N. Feeney has been chosen to mediate a dispute between Jackson Walker LLP and the U.S. Trustee's Office over the watchdog's bid to get the firm to forfeit fees from dozens of cases overseen by an ousted judge, setting Feeney up to help resolve one of the most contentious cases to hit the bankruptcy bar in years.

  • June 03, 2025

    Catching Up With New Bankruptcy Case Action

    Two fiber network companies, Brazilian airline Azul, a Virginia landfill facing higher wastewater treatment costs, an immersive art space in Chicago and a unit of residential solar company Sunnova Energy were among the entities that filed for Chapter 11 relief in the past week.

  • June 03, 2025

    Podcast Co. Kast Media Gets Ch. 11 Confirmation, New CEO

    A California bankruptcy court has signed off on podcast network Kast Media's Chapter 11 plan, which had the support of about 85% of its creditors, and the company hired a new CEO, it announced Tuesday.

  • June 03, 2025

    Tom Girardi Sentenced To Over 7 Years For $15M Client Fraud

    A California federal judge sentenced Tom Girardi on Tuesday to over seven years in prison for his wire fraud conviction, granting some leniency to the disbarred attorney on his 86th birthday by imposing a sentence below the guidelines in recognition of his age and ailing health. 

  • June 03, 2025

    Akoustis' Appeal Of $39M IP Verdict Dropped After Bankruptcy

    Radio frequency filter firm Akoustis Technologies has agreed to drop an appeal of a jury's $39 million patent infringement and trade secrets misappropriation verdict in favor of Qorvo Inc. that drove it to file for Chapter 11 bankruptcy in December.

  • June 03, 2025

    The Law360 400: A Look At The Top 100 Firms

    A rebound in client work sent the nation’s largest law firms into growth mode last year, driving a wave of hiring, mergers and strategic moves that reshaped the top tier of the Law360 400. Here's a preview of the 100 firms with the largest U.S. attorney headcounts.

  • June 02, 2025

    Budget Bill Would Deepen Residential Solar's Woes

    A Sunnova unit's bankruptcy declaration — the latest among dozens of solar companies that have struggled to stay afloat — adds to evidence of a floundering residential solar industry, which now faces further diminishing prospects under the federal budget reconciliation bill.

  • June 02, 2025

    23andMe Founder Pushes Alternative Ch. 11 Sale

    The founder of 23andMe has urged a Missouri bankruptcy court to revisit the $256 million sale of the company's assets to Regeneron, saying she has a better bid backed by an unnamed corporation.

  • June 02, 2025

    Fla. Judge Ends Ex-Bank CEO's Fraud Claims In Ponzi Case

    A Florida state court judge on Monday ended a long-running suit by a former bank CEO who claims he was set up as a scapegoat in the legal fallout of attorney Scott Rothstein's $1.2 billion Ponzi scheme, dismissing the ex-CEO's fraud and negligent misrepresentation claims.

  • June 02, 2025

    Exactech Seeks More Time For Ch. 11 Settlement Talks

    Joint implant maker Exactech told a Delaware bankruptcy judge on Monday it needs additional time to negotiate with creditors and others on the terms of a potentially consensual Chapter 11 plan, days after the company called off a hearing on an earlier reorganization deal that faced heavy opposition.

  • June 02, 2025

    Highland Plan Ruling Stayed, Franchise Group Plan Mostly OK

    The U.S. Supreme Court paused a Fifth Circuit order invalidating certain liability shields in hedge fund Highland Capital's Chapter 11 plan, Vitamin Shoppe owner Franchise Group got most of its reorganization proposal confirmed in court and Steward Health Care's bankruptcy plan went out for creditor voting.

  • June 02, 2025

    Girardi's Dropped Pants Don't Sway Judge From Sentencing

    A California federal judge ruled Monday she will sentence Tom Girardi this week for his wire fraud conviction, finding him mentally competent enough to potentially serve prison time following a bizarre hearing where the disbarred attorney made an appearance on the witness stand that culminated in his pants falling down.

  • June 02, 2025

    Jackson Walker, US Trustee Agree To Mediator In Fees Case

    Jackson Walker LLP and the federal government's bankruptcy watchdog have agreed to mediation in their fee dispute stemming from an ethics scandal in Texas, with the two sides agreeing that retired judge Joan N. Feeney should mediate.

  • June 02, 2025

    Mayer Brown Adds Restructuring Co-Head From Cahill Gordon

    An attorney specializing in assisting corporate clients with bankruptcy matters has recently left Cahill Gordon & Reindel LLP after more than 17 years and moved his practice to Mayer Brown LLP, where he has been tapped to co-lead the firm's restructuring group.

  • June 02, 2025

    Sunnova Energy Sends Unit Into Ch. 11 With Over $100M Debt

    A unit of residential solar company Sunnova Energy International Inc. filed for Chapter 11 protection in Texas bankruptcy court with up to $500 million in both assets and debt, saying it has considered a potential sale of the business or a restructuring deal.

  • June 02, 2025

    Va. Landfill Says Waste Treatment Costs Sent It Into Ch. 11

    The owner of a closed-down Virginia landfill has filed for Chapter 11 protection in Delaware bankruptcy court with just over $183 million in debt, saying its costs for treating toxic wastewater exploded after an ex-employee falsified reports.

  • May 30, 2025

    Parents Bail Out Bankrupt Private School In Manhattan

    The parents of students at a bankrupt Manhattan private school on Friday received approval from a New York bankruptcy judge to lend the school $280,000 to make payroll in a down-to-the-wire deal after a potential financing deal from an insider fell apart.

  • May 30, 2025

    US Trustee Says CarePoint Can't Retroactively Hire K&L Gates

    The U.S. Trustee's Office has asked a Delaware bankruptcy judge not to allow hospital chain CarePoint to retain K&L Gates LLP as special litigation counsel retroactively to the start of the bankruptcy case, saying the company has not shown the "extraordinary circumstances" that would warrant such a move. 

  • May 30, 2025

    Ch. 7 Trustee Can Claw Back Merchant Cash Advances

    Payments made to a merchant cash advance lender by a now-insolvent business can be clawed back as avoidable transfers, a New York bankruptcy judge ruled Friday, siding with a Chapter 7 trustee for the bankruptcy estate of JPR Mechanical, a commercial heating and air conditioning company.

  • May 30, 2025

    What's Happening In Bankruptcy Court This Coming Week

    This coming week, bankruptcy judges will hear arguments regarding the Chapter 11 plans of the Catholic diocese in Syracuse, New York, medical device manufacturer Exactech and nursing facility operator Petersen Health Care. Meanwhile, genetics company Synthego is seeking final approval of $50 million in debtor-in-possession financing. Additionally, right-wing conspiracy theorist Alex Jones is preparing for a status conference in his Chapter 7 case.

Expert Analysis

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • How Design Thinking Can Help Lawyers Find Purpose In Work

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    Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.

  • Competitive Weightlifting Makes Me A Better Lawyer

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    The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law.

  • Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

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    The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable mootness doctrine, and may set up a U.S. Supreme Court review of the doctrine in the near future, say attorneys at Cleary.

  • Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.

  • Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • Ch. 11 Ruling Confirms Insurer Standing Requirements

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    A New York bankruptcy court's recent decision in the Syracuse Diocese's Chapter 11 case indicates that insurers have misread the U.S. Supreme Court’s 2024 ruling in Truck Insurance Exchange v. Kaiser Gypsum and that federal standing requirements remain unaltered, say attorneys at Lowenstein Sandler.

  • AI Will Soon Transform The E-Discovery Industrial Complex

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    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

  • When Innovation Overwhelms The Rule Of Law

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    In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.

  • Adventure Photography Makes Me A Better Lawyer

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    Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.

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