Large Cap

  • March 06, 2026

    Del Monte Lenders Challenge Ch. 11 Settlement Approval

    A group of minority lenders to food producer Del Monte has appealed the green light a New Jersey bankruptcy judge gave to a creditor deal last month, weeks after arguing the agreement forfeited causes of action that could be worth more than $200 million.

  • March 06, 2026

    Texas Justices To Weigh LLC Exemption For Ch. 7 Appeal

    The Texas Supreme Court on Friday agreed to help the Fifth Circuit resolve a bankruptcy case appeal by determining if a limited liability company governed by Texas law qualifies as exempt property in a bankruptcy proceeding.

  • March 06, 2026

    Meet The Attorneys Advising Cumulus Media In Ch. 11

    Cumulus Media has filed for Chapter 11 protection in Texas, kicking off its second bankruptcy in a decade and seeking to slash $600 million of debt from its balance sheet. The debtor enlisted counsel from Paul Weiss Rifkind Wharton & Garrison LLP and Porter Hedges LLP to steer the case.

  • March 06, 2026

    What's Happening In Bankruptcy Court This Coming Week

    In the week ahead, bankruptcy courts will consider issues including whether to put a trustee in charge of Fat Brands' Chapter 11, if an Illinois horse track can get interim financing access and Spirit Airlines' asset auction procedures.

  • March 06, 2026

    Sullivan & Cromwell Gets Another $1.6M In Linqto Ch. 11 Fees

    A Texas bankruptcy judge agreed Friday to approve more than $1.6 million in fees for defunct investment platform Linqto's special Chapter 11 counsel from Sullivan & Cromwell, commending the firm's work and overruling an objection from creditors.

  • March 05, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Asbestos claimants asked the Fourth Circuit to rethink protecting a bankruptcy stay even though the debtor isn't insolvent. Creditors objected to final Chapter 11 financing approval for Inspired Healthcare Capital. And a New York appellate court rejected a bid to reargue document releases in insurance litigation related to a Catholic parish's bankruptcy.

  • March 05, 2026

    Energy Firms Ordered To Split Trade Secrets Case Settlement

    A Texas Business Court judge ordered two energy companies to split a settlement that resolved a trade secrets case relating to cost-cutting measures taken on a $639 million acquisition of Shell assets, finding both parties were entitled to the settlement funds.

  • March 05, 2026

    Jilted Citgo Buyer Takes Aim At Special Master's Fee Bid

    Jilted Citgo bidder Gold Reserve Ltd. continues to urge a Delaware federal court to reject a special master's bid for another $15.3 million in fees, saying he hasn't shown he is complying with a court order aimed at reducing his expenses.

  • March 05, 2026

    Solar Co. Meyer Burger Can Solicit Ch. 11 Plan Votes

    A Delaware bankruptcy judge Thursday conditionally approved the disclosure statement of a U.S. affiliate of Swiss solar panel company Meyer Berger, having canceled a hearing planned for later in the day when the debtor reached consensus with the U.S. Trustee's Office.

  • March 05, 2026

    ModivCare Slams AlixPartners' $5M Fee Request In Ch. 11

    Bankrupt medical transport company Modivcare has objected to its financial adviser AlixPartners LLP's application for nearly $5 million in professional fees for 111 days of work performed in its Chapter 11 case, saying the fees were inflated.

  • March 05, 2026

    Radio Co. Cumulus Media Hits Ch. 11 Again With $700M Debt

    Cumulus Media, a company that operates almost 400 radio stations across the country, filed for Chapter 11 protection Thursday in Texas bankruptcy court with a plan to cut $600 million in debt, the business's second bankruptcy filing in less than a decade.

  • March 04, 2026

    3rd Circ. Nixes Stay Of Bankruptcy Court Order In Ligado Case

    The Third Circuit has allowed a Delaware bankruptcy judge to make Inmarsat Global Ltd. support a spectrum-rights application filed by telecommunications group Ligado Networks LLC and AST SpaceMobile Inc.

  • March 04, 2026

    Data No Longer An Afterthought In Real Estate

    Data is an increasingly important component of the real estate business, informing operations and helping to shape expansion strategy and acquisitions. Its custodianship, legal structure, licensing agreements and the contracts governing data performance and use are all important points that attorneys who specialize in technology transactions negotiate.

  • March 04, 2026

    Office Building REIT Inks $60M Deal With Noteholders

    Office Properties Income Trust, the national office space owner and leasing company, has tentatively agreed to pay $60 million to a group of secured noteholders over roughly seven months as part of a settlement that will be worked into a revised Chapter 11 plan.

  • March 04, 2026

    Ligado Can Claw Back Emails In Ch. 11 Discovery With Boeing

    Emails that Ligado accidentally provided to Boeing are privileged, and it can demand their return, a Delaware bankruptcy judge ruled Wednesday, as the reorganized telecommunications group and aerospace giant gear up for a $55 million claim fight.

  • March 04, 2026

    Looking Back As Boy Scouts Asks To Close 6-Year Ch. 11

    The Boy Scouts of America has asked the Delaware bankruptcy court to officially close its main insolvency proceeding with a final decree, six years to the day since the nationwide youth organization said it would seek a fast exit from Chapter 11.

  • March 04, 2026

    Eddie Bauer Stores Cancel Ch. 11 Auction For Lack Of Bidders

    Bankrupt clothing retailer Eddie Bauer LLC has spiked a planned auction for its assets, saying it received zero qualified bids.

  • March 04, 2026

    BakerHostetler Aided Illegal Insurance Scheme, Trustee Says

    BakerHostetler, along with one of its Atlanta-based attorneys, is the latest law firm to be accused of legal malpractice related to an illegal scheme that sold health insurance-like products.

  • March 03, 2026

    Crystallex $15M Fee Request Justified, Special Master Says

    A lawyer for the special master overseeing the auction of Citgo to satisfy billions of dollars' worth of Venezuelan debt has defended his request for more than $15.3 million in fees on top of nearly $63 million already paid, saying the request follows an "extraordinarily complex" sale process.

  • March 03, 2026

    First Brands Factor Urges Court To Order $61M Set Aside

    A third-party factor lender to embattled auto parts-maker First Brands Group wants the debtor to set aside $60.5 million in cash to ensure the lender is adequately protected, saying First Brands is relying on funds that may be promised to other factors to make guarantees about the factor's collateral. 

  • March 03, 2026

    Opt-Out Releases Nixed For Buffalo Diocese's Ch. 11 Ballots

    The Roman Catholic Diocese of Buffalo must redesign ballots for its Chapter 11 plan after a New York bankruptcy judge held opt-out boxes could not be used to tally creditor consent to third party releases.

  • March 03, 2026

    Eletson Says Ch. 11 Arrest Warrants Are 'Logical Next Step'

    Reorganized shipping company Eletson Holdings Inc. has told a New York bankruptcy judge that arrest warrants for ex-officials of the company are an appropriate, incremental action in a months-long quest to obtain depositions from individuals facing court judgments.

  • March 03, 2026

    Multi-Color Lenders Call Lien Challenge Waste Of Time

    Barclays Bank is asking a New Jersey bankruptcy judge to dismiss a suit challenging liens against Multi-Color Corp., saying the suit is unnecessary since the bankrupt global label-maker's reorganization plan will be before the court by the end of the month.

  • March 03, 2026

    Catching Up With New Bankruptcy Case Action

    The iPic movie theater chain hit Chapter 11 in Florida, a Chicago racetrack entered bankruptcy protection in the Prairie State and a real estate investment trust accused of being a Ponzi scheme began its own insolvency.

  • March 03, 2026

    Bankruptcy Expert Details Human Costs Of A Hospital Ch. 11

    Melanie Cyganowski of Otterbourg PC, a former federal bankruptcy judge in New York, talks to Law360 Healthcare Authority about successor liability, regulatory hurdles and some of the hidden costs of hospital bankruptcies.

Expert Analysis

  • We Must Allow Judges To Use Their Independent Judgment

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    As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.

  • Performing Stand-Up Comedy Makes Me A Better Lawyer

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    Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.

  • 3 Del. Bankruptcy Cases Highlight US Trustee Objections

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    As three recent Delaware bankruptcy cases show, debtors who seek approval of a stalking horse bid protections agreement should be prepared for the U.S. Trustee Office's objections, including if the proposed classification for the bid protections is a superpriority administrative expense claim, says Kyle Arendsen at Squire Patton.

  • Adapting To Private Practice: From SEC To BigLaw

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    As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.

  • 4 Ways Women Attorneys Can Build A Legal Legacy

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    This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.

  • A Judge's Pointers For Adding Spice To Dry Legal Writing

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    U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.

  • Lessons Learned From SAS' Flight Through Chapter 11

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    Scandinavia's SAS is the first European airline to find its wings through the U.S. Chapter 11 process since COVID-19 rocked the aviation industry — and while the process involved some familiar steps, certain complex jurisdictional issues and non-U.S. stakeholders required the carrier to venture into uncharted airspace, says Emily Hong at Norton Rose.

  • Bankruptcy Ruling Provides Guidance On 363 Asset Sales

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    HE v. Avadim Holdings, a recent ruling from the District of Delaware, underscores the principle that rejection of executory contracts does not unwind completed transfers of property and the importance of clear and precise language in sale orders and asset purchase agreements in bankruptcy cases, say attorneys at Eversheds Sutherland.

  • 7 Tips For Associates To Thrive In Hybrid Work Environments

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    As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.

  • Playing Beach Volleyball Makes Me A Better Lawyer

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    My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.

  • Terraform Case May Be Bellwether For Crypto Enforcement

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    The prosecution of crypto company Terraform Labs and its CEO, Do Kwon, offers a unique test of the line between lawful and unlawful conduct in digital transactions, and the Trump administration’s posture toward the case will provide clues about its cryptocurrency enforcement agenda in the years to come, say attorneys at Brooks Pierce.

  • How Law Firms Can Counteract The Loneliness Epidemic

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    The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.

  • 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.

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