Mid Cap

  • April 01, 2026

    US Trustee Wants Nostrum Ch. 11 Converted Or Dismissed

    The U.S. Trustee's Office asked a New Jersey bankruptcy judge to convert drugmaker Nostrum Laboratories' Chapter 11 case to a Chapter 7 liquidation or dismiss it altogether because the debtor has not been filing monthly operating reports.

  • April 01, 2026

    2 McCarter & English Attys Rise To Partner In NJ

    McCarter & English LLP announced Wednesday that it has promoted two Newark, New Jersey-based attorneys to partner, one who is in the firm's bankruptcy group and the other who handles liability, mass torts and class actions.

  • April 01, 2026

    Oakland Diocese Yanks Insurance Deals From Newest Plan

    The Roman Catholic Diocese of Oakland, California, told a bankruptcy judge Wednesday it removed $42 million in settlements with insurance carriers from its proposed Chapter 11 plan to eliminate one source of conflict with the committee representing abuse claimants in the case.

  • April 01, 2026

    Fortress Buys Bankruptcy Services Provider Omni

    Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.

  • April 01, 2026

    Justices Undo Finance Co.'s Liability For Investment Losses

    A financial company cannot be held liable for £1.7 million ($2.3 million) in losses from failed property investments, Britain's top court ruled Wednesday, finding that it wasn't responsible for the actions of the firm it appointed to set up the projects. 

  • March 31, 2026

    Catching Up With New Bankruptcy Case Action

    New dominoes fell as part of auto parts maker First Brands' bankruptcy, with three foreign subsidiaries of the company hitting Chapter 11 in Texas. Meanwhile, the owner of an upscale California mall and a residential real estate investment firm based in central New York sought bankruptcy protection following foreclosures. And a concrete truck supplier in Texas launched its own bankruptcy, saying immigration enforcement has weighed down its business.

  • March 31, 2026

    U.S. Trustee Seeks To Nix FTE Ch. 11 After Case Lapses

    The U.S. Trustee said Tuesday that the contested Chapter 11 case of defunct telecommunications company FTE Networks Inc. should be thrown out because the debtor failed to file basic required documentation and still hasn't paid some statutory fees, among other alleged shortcomings.

  • March 31, 2026

    Judge Blesses Fee-Sharing In Catholic Abuse Claims Appeal

    A California bankruptcy judge on Tuesday blessed a fee-sharing deal between the Roman Catholic Diocese of Fresno and the state's other Catholic organizations, saying it could pay a firm representing all of them in a state court appellate case.

  • March 31, 2026

    Colo. Judge OKs $2.5M Damages In Metal Workers' Wage Suit

    The owner of a now-defunct metal fabrication and construction company will have to shell out $2.5 million in damages in a case seeking unpaid wages, a Colorado federal judge has ruled, agreeing with a magistrate judge's recommendation to enter default judgment but disagreeing that theft damages were not necessary.

  • March 31, 2026

    Meet The Attys For Cannabist Company Holdings

    The foreign representative for Cannabist Company Holdings Inc., a purveyor of cannabis products, has hired attorneys from Richards Layton & Finger PA and Weil Gotshal & Manges LLP to help the debtor obtain U.S. recognition of its Canadian insolvency while it works to sell or shutter its operations.

  • March 31, 2026

    Mountain Sports Wins Ch. 11 Liquidation Plan OK

    Sports retailer Mountain Sports LLC received confirmation Tuesday from a Delaware bankruptcy judge of its Chapter 11 liquidation plan after unsecured creditors backed the plan.

  • March 31, 2026

    Cancer Vaccine Developer Files Ch. 7 After Trials Fall Short

    A Denmark-based biotechnology firm filed for Chapter 7 liquidation Tuesday in Delaware with more than $10 million in debt after its prospective cancer vaccine failed to measure up under testing and win regulatory approval last year.

  • March 30, 2026

    100-Year-Old Mich. Group Hits Ch. 11 Amid Dispute With City

    A century-old nonprofit organization, community center and event venue in a city just north of Detroit is seeking Chapter 11 Subchapter V relief, after its home city sued the group to stop a sale of its property as it faced declining revenues and increased expenses.

  • March 30, 2026

    Lowenstein Sandler Enters Del. With Polsinelli Bankruptcy Pro

    Lowenstein Sandler LLP announced Monday that it has opened an office in Delaware by bringing on the former leader of Polsinelli PC's bankruptcy and restructuring practice.

  • March 30, 2026

    Atty Gets Reciprocal NJ Suspension For Ethics Violations

    The New Jersey Supreme Court has imposed a three-year suspension on an attorney who had a Colorado law practice as a reciprocal discipline for ethics violations related to her conduct representing a client in Colorado legal matters, including having practiced law while suspended.

  • March 30, 2026

    Justices Weigh Ch. 13 Estoppel, NY Diocese Strikes Deal

    The U.S. Supreme Court reviewed a ruling that precluded a Chapter 13 debtor from suing a Mississippi company. The Roman Catholic diocese in Albany, New York, announced a $148 million settlement with survivors of childhood abuse. And members of Congress introduced a new bill aimed at curbing forum shopping.

  • March 27, 2026

    NY Diocese, Abuse Claimants Reach $148M Ch. 11 Deal

    The Roman Catholic Diocese of Albany, New York, has agreed to pay $148 million as part of a settlement reached with a committee of sexual abuse claimants in its Chapter 11, it announced Friday.

  • March 27, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy courts this week will consider objections to the retention of Jones Day in mining company Vanderbilt Minerals' Chapter 11 case, a motion by telecommunications company Ligado to postpone a $100 million payment, and approval of an equity rights offering tied to Office Properties Income Trust's Chapter 11 plan.

  • March 27, 2026

    House Reps. Call For Ch. 11 Forum Shopping Crackdown

    Two lawmakers have proposed new legislation in the U.S. House of Representatives to set stricter rules on which jurisdictions a company may declare bankruptcy in, saying reform is needed to curtail debtors selecting favorable venues outside their home state.

  • March 27, 2026

    Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum

    Apollo, Ares, BlackRock and other major financial companies have denied Optimum Communications' claims accusing them of "bullying" Kirkland & Ellis LLP into withdrawing as the telecommunications company's transaction counsel to get revenge for a collusion lawsuit filed in New York federal court.

  • March 27, 2026

    Food52 Can Send Ch. 11 Liquidation Plan To Creditor Vote

    A Delaware bankruptcy judge approved motions Friday allowing e-commerce group Food52 to send its Chapter 11 liquidation plan out for a creditor vote, overruling an objection by the U.S. Trustee's Office to the use of opt-out boxes for third-party releases.

  • March 27, 2026

    Polsinelli Hires Practice Head From McDermott In NY

    Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."

  • March 27, 2026

    Simpson Thacher Adds 2 Ex-Kirkland Restructuring Partners

    Two former Kirkland & Ellis LLP restructuring attorneys have joined Simpson Thacher & Bartlett LLP as partners in the capital structure solutions practice.

  • March 26, 2026

    Senators File Amicus In Bestwall High Court Appeal

    Three U.S. senators are backing the asbestos claimants of Bestwall in their bid to take their challenge of the Georgia-Pacific spinoff's so-called Texas two-step bankruptcy to the U.S. Supreme Court, saying the high court must close a loophole the Fourth Circuit has created that allows nonbankrupt corporations to avoid tort liability.

  • March 26, 2026

    Drug Supplier Says InvaTech Pocketed Mistaken Payments

    An Indian pharmaceutical company is accusing bankrupt New Jersey generic-drug developer InvaTech Pharma Solutions of pocketing hundreds of thousands of dollars of payments due to the Indian company that it received by mistake.

Expert Analysis

  • 5 Ways To Create Effective Mock Assignments For Associates

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    In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.

  • 8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.

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    A Delaware bankruptcy court’s recent decision, examining trucking company Yellow Corp.’s abrupt termination of roughly 25,500 employees, offers financially distressed businesses a road map for navigating layoffs under the Worker Adjustment and Retraining Notification Act, say attorneys at King & Spalding.

  • Mentorship Resolutions For The New Year

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    Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.

  • Coaching Little League Makes Me A Better Lawyer

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    While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

  • 5 Litigation Funding Trends To Note In 2025

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    Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.

  • Rethinking Litigation Risk And What It Really Means To Win

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    Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.

  • Playing Rugby Makes Me A Better Lawyer

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    My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.

  • No, Litigation Funders Are Not 'Fleeing' The District Of Del.

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    A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.

  • 5 E-Discovery Predictions For 2025 And Beyond

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    In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.

  • 7 Ways 2nd Trump Administration May Affect Partner Hiring

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    President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.

  • E-Discovery Quarterly: Rulings On Custodian Selection

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    Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.

  • Exercising On My Peloton Bike Makes Me A Better Lawyer

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    While I originally came to the Peloton bike for exercise, one cycling instructor’s teachings have come to serve as a road map for practicing law thoughtfully and mindfully, which has opened opportunities for growth and change in my career, says Andrea Kirshenbaum at Littler.

  • 3 Factors Affecting Retail M&A Deals In 2025

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    Retailers considering mergers and acquisitions this year face an evolving antitrust environment, including a new administration under President-elect Donald Trump, revised merger guidelines and a precedent set last year by a canceled $8.5 billion handbag merger, say attorneys at DLA Piper.

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