Large Cap
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January 27, 2026
Catching Up With New Bankruptcy Case Action
A Nevada solar project and a Texas wind farm both sought bankruptcy protection, as did three Brooklyn apartment complexes and a cryotherapy chain headquartered in the Lone Star State.
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January 27, 2026
Fatburger Owner FAT Brands Hits Ch. 11 With $1.5B Debt
FAT Brands Inc., the owner of Fatburger and Johnny Rockets, and its affiliates have filed for Chapter 11 protection in a Texas bankruptcy court with $1.45 billion in funded debt, felled by an unsustainable debt load and flagging liquidity.
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January 26, 2026
Del Monte Lenders Say Ch. 11 Loan Breaks Sharing Deal
A minority group of secured lenders of bankrupt fruit company Del Monte Foods Corp. said in a Friday adversary complaint that other lenders benefited from the company's Chapter 11 financing package without sharing those benefits as required by prepetition loan documents.
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January 26, 2026
Genesis' $1B Sale Approved, Roomba Maker Ch. 11 Plan OK'd
Nursing home operator Genesis Healthcare secured approval of a $1 billion asset sale, Roomba-maker iRobot received confirmation of its bankruptcy plan, and Saks got the go-ahead to begin liquidating online inventory.
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January 26, 2026
Lenders Claim Office Properties' Ch. 11 Loan Breaches Deal
Secured lenders of Office Properties Income Trust filed a Chapter 11 adversary suit in Texas bankruptcy court, saying the debtor's entry into debtor-in-possession financing agreements with a separate group of secured lenders violates a prepetition intercreditor agreement and could deprive the suing creditors of significant payments.
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January 26, 2026
The Steps That Sent Saks On Its Way To Ch. 11
Saks Global Enterprises LLC, the parent company of luxury department store chain Saks Fifth Avenue, entered Chapter 11 less than two weeks ago, but its road to insolvency stretches back more than a year.
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January 26, 2026
Bankruptcy Group Of The Year: Weil
Weil Gotshal & Manges LLP's bankruptcy attorneys tackled some of the most talked-about cases in 2025, with work that included spearheading First Brands' more than $10 billion Chapter 11 and confirming Steward Health Care's plan, putting the team among the 2025 Law360 Bankruptcy Groups of the Year.
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January 26, 2026
Buchanan Ingersoll Adds Former PNC Capital Markets CLO
Buchanan Ingersoll & Rooney PC strengthened its transactional resources in the Pittsburgh office with the recent addition of an attorney who previously served as the top in-house attorney for PNC Capital Markets LLC.
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January 26, 2026
SVB Says FDIC Can't Claim Setoff In $1.9B Fight
The bankrupt parent of the failed Silicon Valley Bank on Monday made its case to the Second Circuit that the Federal Deposit Insurance Corp. lost the right to assert setoff arguments in a fight over $1.9 billion in bank funds by failing to make the argument in SVB's Chapter 11 case.
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January 23, 2026
Real Estate Recap: HUD, Corporate Landlords, Atty Errors
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including how the U.S. Department of Housing and Urban Development may be shifting focus, what President Donald Trump's executive order on investment in single-family homes means for Wall Street, and a look at some of the mistakes made by real estate attorneys.
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January 23, 2026
6th Circ. Won't Revive Bread Financial Investors' Suit
The Sixth Circuit won't resuscitate investor claims against the company now known as Bread Financial Holdings Inc., finding that the suit didn't show how shareholders were misled or defrauded leading up to a corporate spin-off that ended in bankruptcy.
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January 23, 2026
Coinbase Moves To End Suit Over SEC, 'Bankruptcy' Warnings
Coinbase and its top brass have again urged a New Jersey federal judge to toss a class action alleging the cryptocurrency exchange misled investors about its regulatory risks and bankruptcy concerns, arguing investors were given enough notice about a U.S. Securities and Exchange Commission investigation and that new Third Circuit rulings undercut the suit's claims.
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January 23, 2026
What's Happening In Bankruptcy Court This Coming Week
Investment platform Linqto is seeking final court approval of its disclosure statement and Chapter 11 plan. Home solar company PosiGen is seeking approval of its disclosure statement and solicitation procedures. RV refrigerator maker Norcold and lidar developer Luminar are seeking approval of their asset sales.
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January 23, 2026
Boston Firm Cohn & Dussi Expands To Florida With Atty Duo
Cohn & Dussi LLC is breaking into South Florida after more than three decades headquartered in Boston, bringing on a pair of partners to help grow the firm's first expansion outside of Massachusetts.
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January 23, 2026
FTX Trust To Appeal Loss On Ch. 11 Charity Claim Dispute
FTX Recovery Trust said it will appeal after losing its bid to claw back a $650,000 bonus given to an employee of the defunct cryptocurrency exchange that was earmarked for charitable purposes.
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January 23, 2026
Saks Gets OK To Start Liquidating Online Unit's Inventory
A Texas bankruptcy judge gave one of Saks' online affiliates permission to get the ball rolling on an inventory liquidation after the retailer said a quick sale is needed to meet its lenders' terms for allowing it to use cash collateral.
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January 23, 2026
Anthology Gets OK For Reorg Plan After Creditor Deal
Education technology group Anthology got approval Friday for a revised Chapter 11 reorganization plan that includes a deal with unsecured creditors partially paid for by the settlement of a prepetition suit against a lender.
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January 22, 2026
Pa. Justices Say Chester Can't Move Utility Assets Alone
The Supreme Court of Pennsylvania has declared that the city of Chester lost the ability to single-handedly reclaim the assets of its water utility when the composition of the authority's board changed.
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January 22, 2026
First Brands Lifts Stay, Keeps Affiliate Cases Alive In Deal
Counsel for car parts maker First Brands told a Texas bankruptcy judge Thursday it agreed to lift the automatic stay of its Chapter 11 case to allow certain lenders to access around $250 million of inventory collateral, under an agreement that also resolved a motion to dismiss the bankruptcies of debtor-affiliated special purpose vehicles.
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January 22, 2026
SpaceX Eyes IPO, Spirit Mulls PE Owner, And Other Rumors
Elon Musk's SpaceX is putting together a group of Wall Street investment banks for a potential IPO, Spirit Airlines is in talks with investment firm Castlelake to help lead it out of bankruptcy, and OpenAI CEO Sam Altman looks to the Middle East to potentially raise tens of billions of dollars.
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January 22, 2026
Retired Judge Oversees Mediation In Porta-Potty Co. Ch. 11
Retired U.S. Bankruptcy Judge Robert D. Drain has until Friday to mediate a conflict at the heart of a Chapter 11 plan proposed by the company behind a major porta-potty provider, with the dispute stemming from a 2024 liability management exercise that did not include a key creditor.
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January 22, 2026
Linqto's Ch. 11 Plan Docs Lack Crucial Info, Creditors Say
The lead plaintiffs in a proposed class action against the former CEO of startup investment platform Linqto Texas objected to the company's proposed Chapter 11 plan late Wednesday, telling a Texas bankruptcy court the documents are missing critical information on assets that will be distributable to general unsecured creditors.
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January 22, 2026
Under The Radar: Bankruptcy News You May Have Missed
The owner of a vacant lot on the Hudson River asked for a bankruptcy judge's blessing to sell the site for $45 million, a Delaware bankruptcy judge rejected Byju's Alpha founder Byju Raveendran's bid for discovery, and a rent-to-own furniture retailer sought approval for the sale of nine stores for $700,000.
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January 22, 2026
Harris Beach Adds Longtime Member Of US Trustee's Office
A veteran member of the U.S. Trustee's Office who worked on high-profile Chapter 11 cases in Connecticut, including those involving Chinese exile Miles Guo and rapper 50 Cent, has joined Harris Beach Murtha Cullina PLLC.
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January 22, 2026
Cadwalader Fund Finance Partner Joins King & Spalding
A Cadwalader Wickersham & Taft LLP partner has moved to King & Spalding LLP's finance and restructuring practice group ahead of his former firm's planned merger with Hogan Lovells.
Expert Analysis
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How Law Firms Can Counteract The Loneliness Epidemic
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.
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5 Keys To Building Stronger Attorney-Client Relationships
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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How Courts Can Filter Nonmeritorious Claims In Mass Torts
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.
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Racing Corvettes Makes Me A Better Lawyer
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.
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Attorneys Must Act Now To Protect Judicial Independence
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.
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Rethinking 'No Comment' For Clients Facing Public Crises
“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.
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How Design Thinking Can Help Lawyers Find Purpose In Work
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.
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Competitive Weightlifting Makes Me A Better Lawyer
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.
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Serta Ruling Further Narrows Equitable Mootness In 5th Circ.
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.
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Inconsistent Injury-In-Fact Rules Hinder Federal Practice
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.
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In-House Counsel Pointers For Preserving Atty-Client Privilege
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.
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Collecting Rare Books Makes Me A Better Lawyer
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.
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Judge Should Not Have Been Reprimanded For Alito Essay
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.