Large Cap
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February 20, 2026
Pryor Cashman Appoints Bankruptcy Chair To Exec Committee
Pryor Cashman LLP announced that an experienced attorney who has served in leadership roles in his nearly 20 years with the firm has been elected to a three-year term as a member of its executive committee.
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February 20, 2026
Simpson Thacher Plans Dallas Launch, Adds Capital Practice
Simpson Thacher & Bartlett LLP is planning to plant a second flag in the Lone Star State with a shop in Dallas after launching a capital structure solutions practice with a New York-based partner who came aboard from Kirkland & Ellis LLP at the helm.
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February 19, 2026
Luminar Gets OK To Seek Ch. 11 Liquidation Plan Votes
A Texas bankruptcy judge has approved Luminar Technologies Inc.'s disclosure statement, allowing it to seek votes on its chapter 11 liquidation plan.
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February 19, 2026
Under The Radar: Bankruptcy News You May Have Missed
Two former executives at Mobileum Inc., which went through bankruptcy in 2024, were charged by federal prosecutors with fraud tied to the company's $915 million sale about two years before. Meanwhile, a group of noteholders raised concerns about telecom company Oi SA's sale plans in Brazil, and PosiGen was hit with objections to its Chapter 11 plan ahead of a confirmation hearing next week.
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February 19, 2026
Feds Say Miles Guo Can't Dodge $1.3B Fraud Forfeiture
Federal prosecutors say bankrupt Chinese exile Miles Guo waived any chance to object to a $1.3 billion preliminary order of forfeiture by waiting six months to object, urging a New York federal judge to reject the convicted fraudster's attempt to contest the order.
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February 19, 2026
Warren Seeks Treasury, Fed Pledge Of No Bitcoin Bailout
Sen. Elizabeth Warren, D-Mass., is asking the U.S. Treasury and Federal Reserve to provide a written pledge not to bail out cryptocurrency markets in the face of sliding bitcoin prices, saying such a move would disproportionately benefit billionaires.
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February 19, 2026
Pashman Stein Adds Ballard Spahr Bankruptcy Duo In Philly
Pashman Stein Walder Hayden PC announced this week two new Philadelphia-based attorneys on its bankruptcy team who came aboard from Ballard Spahr LLP, pushing the group up to 17 members.
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February 19, 2026
McElroy Deutsch Adds Ex-Del. DOJ Atty To Bankruptcy Group
McElroy Deutsch Mulvaney & Carpenter LLP has added a former Delaware Department of Justice attorney to its Wilmington office to bolster its capacity to handle business bankruptcy and insolvency matters.
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February 18, 2026
Pine Gate Can Wind Down Biz In Ch. 11 Post-Asset Sales
A Texas bankruptcy judge Wednesday approved solar energy developer Pine Gate Renewables' bid to liquidate its business in Chapter 11, after the debtor sold the bulk of its assets during its roughly three-month-long case.
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February 18, 2026
Landlords Seek Protection In Saks' Ch. 11 Financing Plan
A group of landlords in Texas bankruptcy court objected to Saks' bid to obtain debtor-in-possession financing for its Chapter 11 plan, saying the proposed budget doesn't include millions the luxury retailer owes in rent.
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February 18, 2026
Talc Claimants Tell 2nd Circ. Revlon Must Allow Late Claims
A group of talc liability claimants on Wednesday asked the Second Circuit to find reorganized cosmetics company Revlon has to pay out for their injury claims despite those claims being filed past the deadline in the company's Chapter 11 case.
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February 18, 2026
Chinese Construction Co. CCA Exits Ch. 11
CCA Construction Inc., a subsidiary of a Chinese state-owned firm, has emerged from Chapter 11, months after a New Jersey bankruptcy judge agreed to approve its settlement with a Bahamian resort developer whose $1.6 billion win in court pushed CCA into bankruptcy.
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February 17, 2026
Legal Work For Tricolor Pro Se Filers Questioned By Judge
A Texas bankruptcy judge warned an Arizona man that he may have been improperly acting as an attorney for dozens of individuals who filed nearly identical pro se motions in the Chapter 7 case of subprime auto lender Tricolor Holdings.
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February 17, 2026
Camden Diocese Will Pay $180M More To Abuse Survivors
The Roman Catholic Diocese of Camden, New Jersey, and its insurers on Tuesday agreed to pay another $180 million into a trust for the benefit of survivors of clergy sexual abuse, reaching a deal with a tort claimant committee representing more than 300 survivors.
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February 17, 2026
Oakland Diocese, Abuse Claimants To File Competing Plans
The Roman Catholic Diocese of Oakland and representatives for sexual abuse claimants told a California bankruptcy judge on Tuesday they will be filing competing versions of a plan to settle hundreds of abuse claims against the diocese.
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February 17, 2026
Multi-Color Noteholders Sue Barclays In Ch. 11 Collateral Fight
Unsecured noteholders for bankrupt label-maker Multi-Color Corp. are suing Barclays Bank PLC as Multi-Color's collateral agent, seeking a declaration that the bank holds liens only on some assets and not "substantially all" assets and property as stated previously in the Chapter 11 case.
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February 17, 2026
Saks Says Simon Didn't Terminate Two Leases Before Ch. 11
Bankrupt luxury retailer Saks Global told a Texas court that two leased store locations can't be repossessed by landlord Simon Property Group because the leases were not properly terminated before the Chapter 11 filing and the automatic stay protects Saks Global's right to determine how to treat the leases that are property of its estate.
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February 17, 2026
Connell Foley Debuts Practice, Office With FBT Gibbons Attys
Connell Foley LLP announced Tuesday it is launching a new bankruptcy and restructuring practice group and a new office in Wilmington, Delaware, with the addition of five partners from FBT Gibbons LLP.
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February 17, 2026
J&J Fights Beasley Allen's Bid To Pause Talc DQ Ruling
A New Jersey state court lacks standing to block an appellate panel's removal of Beasley Allen from representing hundreds of women with ovarian cancer pursuing claims against Johnson & Johnson over talcum powder, the pharmaceutical company has argued in an opposition brief.
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February 17, 2026
Tucker Arensberg Adds Bankruptcy Atty In Pittsburgh
Tucker Arensberg PC has expanded its transactional resources in Pittsburgh with the recent addition of an attorney who moved to the firm to expand his practice advising clients on bankruptcy and solvency matters after nearly four years with a real estate boutique.
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February 17, 2026
US Trustee Says Office REIT's Ch. 11 Plan Can't Be OK'd
A U.S. Trustee has objected to an office-focused real estate investment trust's proposed Ch. 11 reorganization plan in a Texas bankruptcy court, arguing that the plan wrongfully wants to release claims related to nondebtor third parties without express permission.
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February 17, 2026
Food52 Can Sell Assets, Saks Can Close 9 Stores
A Delaware bankruptcy judge approved an agreement on the sale of some of e-commerce company Food52 Inc.'s assets to America's Test Kitchen, a Texas judge allowed Saks Global to start closing nine stores, and a New Jersey judge put the retail operator of outdoor clothing brand Eddie Bauer on track for a March auction.
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February 13, 2026
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy judges this week are set to consider confirmation of wind-down plans from solar energy developer Pine Gate Renewables and subprime lender PrimaLend Capital Partners LP, while also mulling approval for billions of dollars in Chapter 11 financing to support Saks Global.
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February 13, 2026
Brazil Antitrust Enforcer OKs $100M United Investment In Azul
Brazil's antitrust regulator has cleared a $100 million investment by United Airlines in Azul SA as part of the Brazilian airline's Chapter 11 reorganization, finding the transaction posed no anticompetitive risk.
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February 13, 2026
Boy Scouts Trustee Seeks Documents From Mormon Church
The trustee overseeing payments to sexual abuse victims in the Boy Scouts of America bankruptcy has asked a Delaware federal judge to order the Church of Jesus Christ of Latter-day Saints to cough up documents detailing settlements the church reached over scouting-related abuse, saying the church is refusing to provide that information.
How The Camden Diocese Reached A $180M Abuse Deal
In agreeing to pay $180 million to a trust for clergy sexual abuse survivors, the Roman Catholic Diocese of Camden, New Jersey, and its insurers took a big step toward ending a longtime dispute that put bankruptcy proceedings at the center of victim compensation.
Catching Up With New Bankruptcy Case Action
A Colorado theme park that is facing a wrongful death judgment, a Florida-based flight simulator company and a Pennsylvania cookie shop chain were among the latest new debtors to seek Chapter 11 relief.
Meet The Attys In Packaging Co. Pretium's Prepack Ch. 11
Pretium Packaging, a private equity-backed maker of rigid plastic containers, has hired attorneys from Cole Schotz PC and Kirkland & Ellis LLP to steer it through a prepackaged bankruptcy it began after struggling to stabilize its business in the face of more than $1 billion in debt.
Expert Analysis
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Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'
Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.
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If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access
With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers that need to retain access to key AI products in the event of vendor’s bankruptcy should consider four elements that could determine whether they may invoke traditional Section 365(n) intellectual property protections, say attorneys at Sidley.
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Law School's Missed Lessons: Practicing Resilience
Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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2 Rulings Showcase Fuzzy Limits Of 'Related To' Jurisdiction
The Fifth and Ninth Circuits recently handed down decisions, in Sanchez Energy and Sawtelle Partners, respectively, reminding practitioners that bankruptcy court jurisdiction over lingering disputes is not guaranteed, regardless of whether confirmation orders contain specific "retention of jurisdiction" language, says Brian Shaw at Cozen O’Connor.
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Law School's Missed Lessons: How To Start A Law Firm
Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.
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How A 1947 Tugboat Ruling May Shape Work Product In AI Era
Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.
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NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid
A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.
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Calif. Banking Brief: All The Notable Legal Updates In Q4
The regulatory and litigation developments for California financial institutions in the fourth quarter of 2025 were incremental but consequential, with the Department of Financial Protection & Innovation relying on public enforcement actions to articulate expectations, and lawmakers and privacy regulators playing a role as well, says Stephen Britt at Stinson.
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4 Ways GCs Can Manage Growing Service Of Process Volume
As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
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The Case For Emulating, Not Dividing, The Ninth Circuit
Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.