Large Cap
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January 21, 2026
Revised Imerys Ch. 11 Plan Heading For Feb. 2 Hearings
Imerys Talc, Cyprus Mines and some of their insurance carriers on Wednesday gave a preview of upcoming confirmation hearings on a joint Chapter 11 plan, with the talc companies arguing before a Delaware bankruptcy judge that the revised plan sufficiently protects insurer rights.
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January 21, 2026
Catching Up With New Bankruptcy Case Action
Saks Global Enterprises LLC began a bankruptcy to address $3 billion in debt, a significant Popeye's Louisiana Kitchen franchise operator declared bankruptcy with over $342 million in liabilities, and a Dallas hospital filed for Chapter 11 with more than $50 million in debt.
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January 20, 2026
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.
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January 20, 2026
SF Diocese's Ch. 11 Abuse Claims Not Covered, Insurers Say
The Archdiocese of San Francisco knew or should have known about sexual abuse allegations against its clergy dating back decades, two insurance companies have argued in a California bankruptcy court lawsuit over policy coverage.
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January 20, 2026
Genesis Healthcare Gets OK On $1B Asset Sale In Ch. 11
A Texas bankruptcy judge on Tuesday signed off on Genesis Healthcare's roughly $1 billion sale of its assets to an affiliate of NewGen Health, about a month after the judge rejected a previous deal that would have kept company insiders in control of Genesis.
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January 20, 2026
Linqto Bankruptcy Filing Was Unjustified, Ex-Exec Says
The former chief executive of Linqto is challenging the investment platform's proposed Chapter 11 plan and has asked a Texas bankruptcy judge to dismiss the case, arguing the debtor is not insolvent.
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January 20, 2026
FTX Trust Hit With Sanctions After Ch. 11 Donation Fight Loss
The FTX Recovery Trust is facing sanctions 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, with a Delaware bankruptcy judge saying the trust's efforts were harmful to all parties involved.
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January 20, 2026
Saks Hits Ch. 11, Appeal Of Boy Scouts Bankruptcy Plan Nixed
The parent of Saks Fifth Avenue filed for Chapter 11 in Texas with $3.4 billion in debt tied to its Neiman Marcus deal, the U.S. Supreme Court declined to hear an appeal in the Boy Scouts of America's bankruptcy case, and the European Commission approved hedge fund Elliott Investment's $5.89 billion bid for control of Citgo's parent. This is the week in bankruptcy.
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January 20, 2026
McDonald Hopkins Forms Practice Group For Law Firm MSOs
Midwestern firm McDonald Hopkins LLC announced Tuesday that it has launched a practice group focused on handling deals between law firms and prospective private equity investors, which the firm said is a natural extension of its work on litigation funding deals and private equity investment in other professional services.
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January 20, 2026
Frontier CLO Departs With $2M Severance After Verizon Deal
The chief legal officer at Frontier Communications is set to receive close to $2 million in severance after he and three other company executives resigned on Tuesday following Verizon's takeover of the national fiber network internet service provider.
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January 20, 2026
Meet The Attys Tapped To Deliver On STG Logistics' Ch. 11
Freight company STG Logistics Inc. has assembled a team of lawyers from Kirkland & Ellis LLP and Cole Schotz PC to see it through a bankruptcy it hopes will address more than 90% of its debt before the year is half over.
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January 20, 2026
Justices Set Time Limit To Ax Judgments, Ending 11-1 Split
Almost every circuit court has wrongly allowed litigants to vacate invalid judgments regardless of how long ago the judgments became final, the U.S. Supreme Court ruled Tuesday, endorsing one circuit's outlier interpretation of a decades-old procedural rule.
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January 16, 2026
Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2025, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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January 17, 2026
Real Estate Recap: Cannabis Landlords, Global Deals, ACREL
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including how potential changes to federal marijuana regulation could affect landlords, the largest global real estate deals of 2025, and a chat with the new president of the American College of Real Estate Lawyers.
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January 16, 2026
OCC's Gould Takes Aim At Resolution Planning 'Industry'
A top federal regulator called Friday for a sweeping rethink of rules intended to ensure big, complex banks can be safely wound down in a crisis, including potentially ending requirements to file so-called living wills with the Federal Deposit Insurance Corp.
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January 16, 2026
Kirkland, Ex-Judge Hit With Class Action Over Texas Romance
An investment firm is suing Kirkland & Ellis LLP, an ex-judge, two other law firms and a lawyer for allegedly fomenting "mass corruption" in Houston's bankruptcy court and colluding to enrich themselves by controlling the outcome of large Chapter 11 cases.
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January 16, 2026
What's Happening In Bankruptcy Court This Coming Week
Education technology group Anthology and the maker of Roomba vacuums will seek court approval for their Chapter 11 plans. Nursing home operator Genesis is asking for approval of a $1 billion asset sale. And former trucking group Yellow Corp. is looking to end years of litigation through a settlement with a group of pension plans.
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January 16, 2026
Weiss Creditor Asks Ch. 11 Court To Step In On IRS Claims
A major creditor in an investment firm founder's Chapter 11 asked a bankruptcy judge to hash out how much the debtor owes the Internal Revenue Service and rule that the tax collector's claims don't have priority.
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January 16, 2026
Meet The Attys Taking Saks From 5th Ave. To Ch. 11
The parent company of luxury department store chain Saks Fifth Avenue has hired attorneys from Willkie Farr & Gallagher LLP and Haynes Boone to see it through the bankruptcy it began with $3.4 billion in funded debt.
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January 16, 2026
Del Monte Locks In 3 Ch. 11 Sales Totaling $498M
Del Monte has struck a deal to sell its assets in a trio of bankruptcy sales collectively valued at $498 million, the canned food processing company has announced in a notice of successful bidder filing.
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January 16, 2026
Judge Yanks $41M Atty Fee Award In SPAC Merger Suit
A Texas federal judge has rescinded an attorney fee award of over $41 million to Robbins Geller Rudman & Dowd LLP, Labaton Keller Sucharow LLP and Entwistle & Cappucci LLP after the firms became engaged in a dispute over the amount of work done and the allocation of fees, among other things.
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January 16, 2026
Nason Yeager Grows Fla. Footprint With Fort Lauderdale Shop
Florida's Nason Yeager Gerson Harris & Fumero PA has expanded its reach in South Florida with a new office in downtown Fort Lauderdale.
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January 15, 2026
Saks Has Ch. 11 Exit Funds, But Exit Door Appears Elusive
The company behind luxury retailer Saks Fifth Avenue may now have cash for its short-term needs in bankruptcy, but its long-term plans are still a mystery, with exit financing in hand but no exit strategy, experts told Law360.
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January 15, 2026
6th Circ. Favors Comerica Bank In Ch. 7 Fraud Suit
Comerica Bank is not liable for the actions of a former Chapter 7 liquidator, to whom the bank was paying fees during the bankruptcy of a tool manufacturer, the Sixth Circuit has found.
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January 15, 2026
EU Greenlights Hedge Fund's $5.89B Bid For Control Of Citgo
The European Commission has announced its approval of a $5.9 billion bid by hedge fund Elliott Investment Management LP to purchase shares in Citgo's parent company and settle billions of dollars of debt owed by Venezuela and its state-owned oil company.
Expert Analysis
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Law School's Missed Lessons: Negotiation Skills
I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.
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Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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Asbestos Trusts And Tort Litigation Are Still Not Aligned
A recent ruling by a New York state court in James Petro v. Aerco International highlights the inefficiencies that still exist in asbestos litigation — especially regarding the continued lack of coordination between the asbestos tort system and the well-funded asbestos trust compensation system, says Peter Kelso at Roux.
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The Legal Education Status Quo Is No Longer Tenable
As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.
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E-Discovery Quarterly: Rulings On Relevance Redactions
In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.
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Section 1983 Has Promise After End Of Nationwide Injunctions
After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.
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Law School's Missed Lessons: Learning From Failure
While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.
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Law School's Missed Lessons: Skillful Persuasion
In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.
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Special Committees Gain Traction In Chapter 11 Investigations
Excerpt from Practical Guidance
Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.
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Law School's Missed Lessons: Navigating Client Trauma
Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.
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4 Former Justices Would Likely Frown On Litigation Funding
As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.
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Playing The Violin Makes Me A Better Lawyer
Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.
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Law School's Missed Lessons: Practicing Self-Care
Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard at MG+M.