Large Cap

  • February 12, 2026

    Watchdog Defends Ex-Alex Jones Atty's Conn. Suspension

    A Connecticut judge did not abuse her discretion when she suspended an attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case, the state's professional misconduct watchdog has told the Connecticut Supreme Court in asking the justices to skip Norman A. Pattis' appeal.

  • February 12, 2026

    BakerHostetler Adds 3 More Dealmakers From Loeb In NY

    BakerHostetler announced on Thursday that it is bolstering its transactions bench with three New York-based mergers and acquisitions attorneys from Loeb & Loeb in a move that the firm says strengthens its offerings in middle-market M&A transactions.

  • February 11, 2026

    Steward Health Creditor Trust Seeks $56M From Insurers

    The creditor litigation trust for the Texas Chapter 11 case of hospital operator Steward Health Care has filed adversary suits against six groups of health insurance companies, seeking payment of covered medical bills totaling more than $56 million.

  • February 11, 2026

    Beasley Allen Wants Talc DQ Paused Pending High Court Appeal

    Hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder risk appearing in an upcoming trial without their preferred counsel from the Beasley Allen Law Firm, unless a New Jersey state court stays an order disqualifying the firm, it said.

  • February 11, 2026

    Bankruptcy Court Asked To Keep Nicklaus Biopic Deal Intact

    A film production company has urged a Delaware bankruptcy court not to allow any successful bidder for brand licensing rights of Jack Nicklaus to disturb a biopic screenplay agreement involving an affiliate of the insolvent business bearing the golf legend's name, saying the firm's role is commercially critical.

  • February 11, 2026

    Ex-First Brands Worker Hits Co. With Ch. 11 WARN Act Suit

    A former employee at a facility operated by bankrupt auto parts company First Brands Group LLC and one of its subsidiaries has sued the companies, arguing he and workers like him are owed wages and benefits because the company fired them with inadequate forewarning.

  • February 11, 2026

    Auto Part Maker First Brands' Winding Road Through Ch. 11

    Since entering bankruptcy, auto parts company First Brands Group Holdings LLC has ridden out its Chapter 11 as the fulcrum of its own insolvency as well as acrimonious adversary proceedings and the federal prosecution of its founder and his brother regarding allegations of sweeping fraud.

  • February 11, 2026

    CCA Gets OK On Ch. 11 Plan After Bahamas Developer Deal

    A New Jersey bankruptcy judge Wednesday signed off on Chinese state-owned firm CCA Construction Inc.'s Chapter 11 plan, months after the debtor reached a settlement with a Bahamian resort developer whose $1.6 billion court win sent CCA into bankruptcy.

  • February 11, 2026

    A Key Word For Bankruptcy In 2026 Is 'Retail'

    After the headline-grabbing bankruptcies of Saks Fifth Avenue and an Eddie Bauer retail operator early this year, lawyers told Law360 that they expect the retail retrenchment to continue amid flat consumer demand, tight financing conditions and the persistent overhang of chaotic tariff policies.

  • February 10, 2026

    Saks Global To Close 9 More Stores In Ch. 11

    Saks Global said on Tuesday it plans to close eight Saks Fifth Avenue stores and one Neiman Marcus location in the U.S., as it looks to boost its business through a Chapter 11 restructuring. 

  • February 10, 2026

    Multi-Color Ch. 11 Venue Fight Won't Go To 3rd Circ.

    A New Jersey bankruptcy judge Tuesday declined to certify a direct appeal to the Third Circuit in Multi-Color Corp.'s Chapter 11, telling creditors that a dispute over the global label maker's choice of venue needs time for a full evidentiary record to be developed before they can appeal a related order.

  • February 10, 2026

    Eddie Bauer Stores Get Ok For Early March Ch. 11 Auction

    A New Jersey bankruptcy judge approved a Chapter 11 schedule Tuesday for the retail operator for outdoor clothing brand Eddie Bauer that will see the company on the block by early March and any unsold stores closed for good by the end of April.

  • February 10, 2026

    Elliott Affiliate Urges 3rd Circ. To Keep Citgo Sale On Track

    Amber Energy Inc. has asked the Third Circuit to reject appeals of an order accepting its multibillion-dollar bid for shares in Citgo Petroleum Corp.'s parent company, saying a lower court "came nowhere near abusing its discretion" and properly carried out the sale process.

  • February 10, 2026

    Venezuela, Mining Co. Won't Shoulder $3.1M In Citgo Fees

    A special master has lost his request to have Venezuela and gold mining company Gold Reserve pay his $3.1 million bill for defending against their unsuccessful bid to have him disqualified in long-running litigation over the sale of Citgo, with a judge saying they shouldn't have to shoulder "more than their ordinary share" of the fees.

  • February 10, 2026

    Hospitals Face 'Perfect Storm' Of Fed. Cuts, Revenue Strains

    Facing federal budget cuts, soaring labor costs and a rising tide of uninsured patients, U.S. hospitals are approaching a financial cliff that could trigger a wave of closures nationwide.

  • February 10, 2026

    FAT Brands Creditors Defend CEO Suspension Bid

    FAT Brands creditors that hold $990 million in debt told a Texas bankruptcy judge Tuesday they have "profound concern" about the debtor's leadership, days after urging the court to temporarily suspend the company's CEO Andrew Wiederhorn, who sold $3.1 million in equity without court approval.

  • February 10, 2026

    Catching Up With New Bankruptcy Case Action

    An Eddie Bauer retail operator took more than $1 billion in liabilities into Chapter 11 in New Jersey, as did a senior living-focused private equity investor in Texas, while a blockchain financial technology company started a bankruptcy in Delaware with over $100 million in debt.

  • February 10, 2026

    AI Docs Sent By Exec To Attys Not Privileged, Judge Says

    A Manhattan federal judge said Tuesday that a Texas financial services executive accused of a $150 million fraud cannot claim privilege over documents that he prepared using an artificial intelligence service and sent to his attorneys — but suggested the materials could be problematic if used at trial.

  • February 09, 2026

    Meet The Attorneys Advising Eddie Bauer In Chapter 11

    A group of lawyers from Kirkland & Ellis LLP and Cole Schotz PC is guiding the retail operator of outdoor apparel brand Eddie Bauer as it attempts to sell stores in its Chapter 11 case in New Jersey bankruptcy court.

  • February 09, 2026

    Nuclear Power Workers Defend Wage-Fixing Suit

    Former nuclear power plant workers urged a Maryland federal judge not to let Constellation Energy, DTE Energy, Duke Energy, NextEra Energy and others duck a proposed class action alleging a wage-fixing conspiracy that allegedly spanned "100% of the nuclear power generation labor market."

  • February 09, 2026

    Calif. Catholic Friars Strike $20M Sex Abuse Deal In Ch. 11

    An organization of Franciscan friars in California has informed a bankruptcy judge it reached a $20 million settlement with its creditors committee to address the sexual abuse claims asserted by nearly 100 people.

  • February 09, 2026

    Linqto, Del Monte Get OK For Ch. 11 Creditor Deals

    Investment platform Linqto received approval for its liquidation plan, Del Monte scored approval for a $500 million asset sale and deal with its creditors, and a nursing home private equity investor hit Chapter 11 with more than $1 billion in debt. This was the week in bankruptcy.

  • February 09, 2026

    Eddie Bauer Retail Operator Hits Ch. 11 With $1B+ Debt

    Eddie Bauer LLC, a retail operator for the outdoor apparel brand, sought Chapter 11 protection early Monday in New Jersey bankruptcy court, reporting more than $1 billion in liabilities and listing more than 100,000 creditors.

  • February 06, 2026

    Ch. 11 Judge Urged To Suspend 'Dictatorial' FAT Brands CEO

    FAT Brands creditors asked a Texas bankruptcy judge Thursday to suspend the restaurant franchiser's CEO Andrew Wiederhorn, arguing that within days of filing Chapter 11, Wiederhorn sold $3.1 million in equity without court approval, proving he's "dictatorial" and is "incapable of distinguishing a public company's property from his own."

  • February 06, 2026

    Imerys Insurers Make Final Stand Against Ch. 11 Plan

    Parties supporting Imerys Talc America Inc. and Cyprus Mines Corp.'s joint Chapter 11 plan squared up one last time against dissenting insurers in Delaware bankruptcy court Friday, each side hoping to win a fight over the treatment of foreign tort claims that derailed a confirmation in April.

Expert Analysis

  • Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

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    While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential risks to their business model and the power supply arrangements they rely on appear on the horizon, says Mark Sherrill at Chamberlain Hrdlicka.

  • 3 Notable Developments In Ch. 15 Bankruptcy This Year

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    Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified the framework of Chapter 15 surrounding nonparty releases, reinforced the principles of a debtor's center of main interest in the face of extensive mass tort litigation, and reviewed synthetic cross-border proceedings, say attorneys at Troutman.

  • Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

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    Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.

  • Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

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