Large Cap

  • June 30, 2025

    Chipmaker Wolfspeed Hits Ch. 11 With Plan To Ax $4.6B Debt

    Semiconductor maker Wolfspeed Inc. filed for Chapter 11 protection in Texas bankruptcy court Monday with a plan supported by its senior lenders to slash about $4.6 billion of debt and emerge from the insolvency proceeding later this year.

  • June 30, 2025

    Monster.com Hits Ch. 11, Forever 21 Can Liquidate

    The company behind Monster.com, a job search website, filed for bankruptcy relief with more than $100 million in liabilities, while Forever 21 received approval of its Chapter 11 liquidation plan and Party City secured a court's permission to send its liquidation plan out for a vote.

  • June 30, 2025

    Rite Aid Cleared To Sell Thrifty Ice Cream For $19.2M In Ch. 11

    National pharmacy chain Rite Aid can sell its ice cream brand Thrifty for $19.2 million, more than doubling the opening price of a Chapter 11 auction, after a New Jersey bankruptcy judge on Monday rejected a losing bidder's request to reopen the auction.

  • June 30, 2025

    Judge Says He Needs More Info On Celsius Clawback Suit

    A New York bankruptcy judge Monday said he will have to take a closer look at British Virgin Islands law before he can determine if defunct cryptocurrency platform Celsius Network LLC can pursue in the U.S. its $2.3 billion clawback claim against stablecoin provider Tether.

  • June 30, 2025

    Top State & Local Tax Cases Of 2025: Midyear Report

    From the U.S. Supreme Court ruling in favor of a group of Catholic charities seeking an unemployment tax exemption to the New York Supreme Court ruling on the state's rule governing the application of P.L. 86-272, it's been a busy first half of the year for state and local tax. Here, Law360 looks at some of the top state and local tax cases of the past six months.

  • June 30, 2025

    Haynes Boone Adds Restructuring Duo To Bolster NY Practice

    Haynes Boone is adding two financial restructuring attorneys previously with Cadwalader Wickersham & Taft LLP as partners in its New York office, the firm announced Monday.

  • June 27, 2025

    Real Estate Recap: Compass, Tariffs, Opportunity Zones 2.0

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney insights into the Compass v. Zillow lawsuit, tariff disruption and a potential update to the opportunity zone program.

  • June 27, 2025

    Judge Seeks To Shape Archdiocese's Ch. 11 Case By July 4

    A Louisiana bankruptcy judge asked the Archdiocese of New Orleans and other parties to propose a timeline for expert discovery in the church's bankruptcy so she can craft a schedule for the case before July 4.

  • June 27, 2025

    Injunction OK'd In Ex-FTX Exec Ch. 11 Clawback Case

    A Delaware bankruptcy judge approved a preliminary injunction Friday against former FTX executive Ryan Salame to prevent him from dissipating as much as $6 million in assets he is accused of taking from the cryptocurrency exchange prior to its 2022 collapse.

  • June 27, 2025

    What's Happening In Bankruptcy Court This Coming Week

    With a slightly lighter calendar thanks to Independence Day, bankruptcy judges will consider the Chapter 11 plans and disclosure statements of Molecular Templates and the former owner of social media company Parler, rule on the asset sales of a charter school funder and Village Roadshow, and decide whether a California real estate firm can receive additional postpetition financing.

  • June 27, 2025

    Rite Aid Picks $19.2M Bid For Thrifty Ice Cream In Ch. 11

    Drugstore chain Rite Aid said it has reached a deal to sell its Thrifty Ice Cream brand to an entity tied to the chief executive of Monster Beverage Corp. for $19.2 million during its Chapter 11 case.

  • June 27, 2025

    Pillsbury Adds Restructuring Pro From Paul Hastings In NY

    Pillsbury Winthrop Shaw Pittman LLP has grown its insolvency and restructuring practice in New York with the addition of a Paul Hastings LLP partner.

  • June 27, 2025

    B. Riley Divests Advisory Services Biz In $118M PE Deal

    Financial services company B. Riley Financial Inc., advised by Cole Schotz PC, announced Friday the sale of its advisory services business to funds managed by Canadian private equity shop TorQuest Partners in a $117.8 million deal.

  • June 26, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    The U.S. Trustee's Office opposed Prospect Medical's Chapter 11 plan disclosure on the grounds that the plan can't be confirmed because of its release provisions; hospital operator Steward Health Care's former captive insurer appealed a bankruptcy judge's decision to OK a settlement Steward struck with secured lenders; and Celsius Network asked a federal judge to let its lawsuit targeting blockchain analysis company Chainalysis Inc. continue.

  • June 26, 2025

    Imerys Insurers Continue To Take Issue With Ch. 11 Plans

    Insurers that do not support talc producer Imerys Talc America's updated Chapter 11 plan told a Delaware judge Thursday that moving too swiftly toward confirmation of the new proposal will have the same results as an earlier effort, when the debtor asked to pause the proceedings after about a week.

  • June 26, 2025

    Solar Co. Meyer Burger Can Tap $10M DIP To Fund Ch. 11 Sale

    Swiss solar panel maker Meyer Burger's U.S. unit secured a Delaware bankruptcy judge's interim approval Thursday for a $10 million debtor-in-possession loan as it looks to sell two manufacturing sites in Chapter 11.

  • June 26, 2025

    Judge Known For Financial Education Advocacy To Retire

    U.S. Bankruptcy Judge Laurel M. Isicoff, who has spent her career promoting financial literacy as a way to avoid financial insolvency, will retire next May after 20 years on the bench in the Southern District of Florida, the Eleventh Circuit confirmed Thursday.

  • June 26, 2025

    Gordon Rees Partner Duo Joins Whiteford In Richmond

    Whiteford Taylor & Preston LLP has added a pair of experienced litigators to its Richmond, Virginia, office as partners from Gordon Rees Scully Mansukhani LLP.

  • June 26, 2025

    Pullman & Comley Adds Bankruptcy Pro From DOJ In Conn.

    Pullman & Comley LLC has grown its offerings in Connecticut with the addition of a former assistant U.S. attorney who specializes in bankruptcy and litigation matters.

  • June 26, 2025

    'Homegrown' Clerk To Take Over Del. Bankruptcy Court Post

    Delaware's bankruptcy court will soon have a new clerk, a "homegrown" talent who has served the court for more than a decade in various roles, including currently as chief deputy clerk.

  • June 26, 2025

    Tesla, Nissan Picked For Marelli's Ch. 11 Creditors Committee

    Carmakers Nissan and Tesla are among the seven unsecured creditors chosen by the Office of the U.S. Trustee to serve on the creditor committee in the Chapter 11 case of auto parts maker Marelli Corp.

  • June 25, 2025

    2nd Circ. Blocks Reed Smith Doc Turnover Order In Eletson Row

    The Second Circuit on Wednesday granted Reed Smith LLP's emergency motion to stay a Manhattan federal judge's order to turn over client files amid a conflict over the legitimate ownership of international shipping company Eletson, which is in a dispute with competitor Levona.

  • June 25, 2025

    Solar Panel Maker Meyer Burger Puts US Unit In Ch. 11

    Swiss solar panel maker Meyer Burger Wednesday put its U.S. manufacturing affiliate into Chapter 11 in a Delaware bankruptcy court with $562 million in debt, saying it will seek a quick sale in the wake of a failure to restructure its global business.

  • June 25, 2025

    Texas Judge Recognizes Telefónica Del Perú Insolvency Case

    Telefónica del Perú, a telecommunications company that provides phone, internet and television services to 13 million customers, received recognition Wednesday from a Texas bankruptcy judge for its Peruvian insolvency proceeding.

  • June 25, 2025

    O'Melveny Forms Special Credit And Liability Mgmt. Group

    O'Melveny & Myers LLP has launched a special credit and liability management group, announcing the move Tuesday as a reflection of "growing client demand for integrated, end-to-end support across the credit cycle, particularly as capital solutions become increasingly complex and bespoke."

Expert Analysis

  • Racing Corvettes Makes Me A Better Lawyer

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    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.

  • Attorneys Must Act Now To Protect Judicial Independence

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    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.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “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.

  • How Design Thinking Can Help Lawyers Find Purpose In Work

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    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.

  • Competitive Weightlifting Makes Me A Better Lawyer

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    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.

  • Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

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    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.

  • Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    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.

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    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.

  • Collecting Rare Books Makes Me A Better Lawyer

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    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.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    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.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • AI Will Soon Transform The E-Discovery Industrial Complex

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    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

  • When Innovation Overwhelms The Rule Of Law

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    In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.

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