Mid Cap

  • June 10, 2025

    Wood Insulation Co. Gets OK For Debt-For-Equity Plan

    A Delaware bankruptcy judge Tuesday approved wood fiber insulation maker GO Lab's equity-swap Chapter 11 plan after being told the plan had the support of the vast majority of creditors and had attracted no objections.

  • June 09, 2025

    Rhodium Funders Go After Ch. 11 Plan Exclusivity

    A group of startup funders of bankrupt crypto miner Rhodium Encore has made an emergency motion to terminate Rhodium's exclusive right to file a Chapter 11 plan and to seek leave to file its own plan, asserting it constitutes the largest stakeholder in a case the debtor have mismanaged.

  • June 09, 2025

    23andMe Reopens Bidding, Jackson Walker Mediates Fee Suit

    The winner of 23andMe's Chapter 11 auction will compete with its co-founder in another round of bidding. Jackson Walker and the U.S. Trustee's Office agreed to mediate a fee dispute tied to an ethics scandal. And the U.S. Supreme Court asked the solicitor general to weigh in on Hertz's challenge of a ruling that it owed $272 million in interest and fees following its Chapter 11.

  • June 09, 2025

    Bankruptcy Filings Didn't Ice These NHL Franchises

    With the Edmonton Oilers and Florida Panthers battling in the 2025 Stanley Cup Final, Law360 takes a look at some of the National Hockey League franchises that have sought the refuge of the bankruptcy courts over the years, including some squads that earned spots in this year's playoffs.

  • June 09, 2025

    Charter School Funding Firm Hits Ch. 11 With Up to $50M Debt

    Charter School Capital Inc., a company that provides funding for charter schools across the country, filed for Chapter 11 protection in Delaware bankruptcy court with up to $50 million in debt, saying it plans to sell the business through the case.

  • June 09, 2025

    Bank Gets First Dibs On Bankrupt Pa. Nursing Homes' Coffers

    A bank that says it's owed nearly $48 million by a group of bankrupt Pennsylvania nursing homes will get first dibs on what's left in their accounts under a settlement approved by a federal bankruptcy judge Monday, despite objections from a supplier who said some of the money doesn't belong to the nursing homes.

  • June 09, 2025

    Tariffs Tip Fashion Retailer Oak And Fort Into Ch. 15

    Canadian clothing retailer Oak and Fort Corp. and several affiliates have filed for Chapter 15 protection in New York bankruptcy court with almost $20 million in debt, saying U.S. tariffs on China have cut into profits and caused its lenders to pull back on financing.

  • June 09, 2025

    Solar Mosaic Files Ch. 11 As Congress Plans Tax Credit Cuts

    Home solar panel financing company Solar Mosaic has filed for Chapter 11 protection in a Texas bankruptcy court with more than $264 million in debt and sale plans, saying it is facing a contracting solar energy market and uncertainty over the future of federal solar panel tax credits.

  • June 06, 2025

    Real Estate Recap: Hotels, Healthcare REITs, Secondaries

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including where the hotel sector stands at the midyear, which states are trying to curb healthcare investment models and what is fueling the surge in the real estate secondaries market.

  • June 06, 2025

    Synapse Trustee Says No Funds Remain To Trace Client Cash

    The court-appointed trustee overseeing the Chapter 11 of fintech middleware firm Synapse Financial Technologies Inc. is asking a California bankruptcy judge to convert the case to a Chapter 7 liquidation, despite some customer funds remaining unaccounted for.

  • June 06, 2025

    Judge Skeptical Of Changes To Sticky's Chicken Ch. 11 Plan

    A New York bankruptcy judge expressed concerns Friday about the scope of modifications that Sticky's, a popular chicken restaurant chain, made to its already-confirmed Chapter 11 plan once it found a buyer that would avoid a liquidation, saying she expects to call the parties back Monday to share her decision on the new version.

  • June 06, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges will hear arguments on approving the Chapter 11 plans of nursing facility operator Petersen Health Care and investment group The Aztec Fund, decide if satellite communications company Ligado Networks can send out its plan for a creditor vote, and determine if life insurance bond seller GWG Holdings can settle claims against directors for allegedly diverting company funds.

  • June 06, 2025

    US Trustee Challenges Releases In Tommy's Boats Ch. 11 Plan

    The U.S. Trustee's Office has asked a Texas bankruptcy judge to reject the Chapter 11 plan floated by a boat and water sports retailer known as Tommy's Boats, arguing it contains nonconsensual third-party releases that violate the Bankruptcy Code and the U.S. Supreme Court's Purdue Pharma ruling.

  • June 06, 2025

    The Supreme Court's Week: By The Numbers

    An undivided U.S. Supreme Court issued five unanimous rulings this week, weighing in on the burden majority-group plaintiffs must meet in discrimination cases, what counts as a religious organization for purposes of an employment tax exemption, and whether Mexico can sue American gun companies for their alleged role in cartel violence. Here, Law360 Pulse takes a data-driven dive into the week that was at the U.S. Supreme Court.

  • June 06, 2025

    Med Tech Co. Accelerate Diagnostics Can Tap $20M DIP Loan

    A Delaware bankruptcy judge has granted final approval for medical technology company Accelerate Diagnostics' $20 million debtor-in-possession financing, which is backed by lenders, including its stalking horse bidder.

  • June 06, 2025

    NJ Firm Says It Has No Business Being Sued In Louisiana

    New Jersey-based Porzio Bromberg & Newman PC asked a Louisiana federal judge to dismiss a doctor's suit accusing the firm of driving him into bankruptcy, arguing that there's no jurisdiction that would justify continued litigation in the state.

  • June 05, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A technology platform for startups is hoping to mediate a string of legal disputes with a creditor and former business partner in its Chapter 11. The Church of Jesus Christ of Latter-day Saints urged a Delaware bankruptcy judge to enforce the Boy Scouts of America's Chapter 11 channeling injunction, saying it has been forced to defend itself from released claims. And ExxonMobil objected to a biofuel startup's Chapter 11 auction proposal, asserting that it has rights to certain intellectual property up for sale.

  • June 05, 2025

    Pa. City's Receiver Asks Court To Rein In Stormwater Board

    The receiver for the bankrupt city of Chester, Pennsylvania, told a state court Thursday that the city-created stormwater authority and its board of directors violated their charter and state law by expanding the board and paying the elected officials who were on it.

  • June 05, 2025

    Ch. 11 Filings Surge Amid High Costs, Economic Uncertainty

    New commercial Chapter 11 cases surged 62% in May compared to the previous month, climbing to 733 from 453 in April, as businesses continue to grapple with high borrowing costs and ongoing economic uncertainty, new data released by Epiq AACER and the American Bankruptcy Institute showed.

  • June 05, 2025

    Hooters Closes Locations As It Pursues Ch. 11 Franchise Shift

    Bankrupt casual dining chain Hooters of America began shuttering dozens of restaurant locations throughout the United States Wednesday as it pursues a Chapter 11 restructuring that will see its plan disclosure statement up for approval next week.

  • June 05, 2025

    AI Coding App Co. Hits Ch. 7 After Legal Challenges

    Engineer.ai, the parent of an artificial intelligence-supported coding app maker, Builder.ai, has filed papers for a Chapter 7 liquidation in Delaware with more than $50 million in liabilities, following litigation regarding claims about its technology and the recent appointment of a new CEO.

  • June 05, 2025

    DOL Benefits Arm Needs Turnaround, Nominee Tells Senators

    President Donald Trump's pick to lead the U.S. Department of Labor's employee benefits division told a Senate panel Thursday to prepare for an overhaul of the subagency if he's confirmed, vowing to change the direction of enforcement, regulation and more.

  • June 05, 2025

    Munsch Hardt Names New Women's Initiative Group Leaders

    Munsch Hardt Kopf & Harr PC on Wednesday announced that it has tapped shareholders in Dallas and Houston to lead its women's initiative group, a program designed to support the advancement, retention and public profile of female lawyers across the firm.

  • June 05, 2025

    Hedge Fund Founder Hits Ch. 11 After $113M Judgment

    The founder of the bankrupt Weiss Multi-Strategy Advisers has himself sought Chapter 11 protection in Florida after a New York judge granted a nearly $113.5 million judgment against him in favor of his firm's largest creditor.

  • June 04, 2025

    23andMe, Bidders Agree To Post-Ch. 11 Auction Offer Process

    The winner of 23andMe's Chapter 11 auction and a nonprofit started by its co-founder can improve their offers to acquire the DNA testing company under procedures agreed to Wednesday in Missouri bankruptcy court, despite disruptions from a tornado warning and an attorney letting slip nonpublic details of an offer.

Expert Analysis

  • 5 Keys To Building Stronger Attorney-Client Relationships

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    Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.

  • How Courts Can Filter Nonmeritorious Claims In Mass Torts

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    Nonmeritorious claims have been a key obstacle to settlement in many recent high-profile mass torts, but courts may be able to use tools they already have to solve this problem, says Samir Parikh at Wake Forest University.

  • Racing Corvettes Makes Me A Better Lawyer

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    The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome.

  • Attorneys Must Act Now To Protect Judicial Independence

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    Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal.

  • 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.

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