Large Cap
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April 17, 2026
QVC Aiming For Late May Ch. 11 Plan Confirmation
QVC told a Texas bankruptcy judge Friday the home shopping television company wants to get its Chapter 11 debt swap plan confirmed by late May and emerge from the insolvency process within 90 days, as it seeks to cut $5 billion of liabilities from its balance sheet.
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April 17, 2026
Solar Co. Freedom Forever Blames Unpaid Bills For Ch. 11
Solar company Freedom Forever told a Delaware bankruptcy judge Friday that missed payments that mounted after the passage of the federal budget reconciliation bill last year were largely the cause of its Chapter 11 filing this week.
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April 17, 2026
What's Happening In Bankruptcy Court This Coming Week
Purdue Pharma will undergo an omnibus hearing and get criminally sentenced, Office Properties Income Trust will seek plan confirmation and Spirit will vie for the all-clear to take a vote on its own plan.
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April 17, 2026
Pa. Judge Steps Aside From Case Over Threats To Judges
A Pennsylvania federal judge agreed to step aside from a criminal case involving a man accused of threatening to kill judges after the man pointed out that the jurist had presided over a related bankruptcy matter.
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April 17, 2026
Battery Recycling Co. Set For May Ch. 11 Auction
A Texas bankruptcy judge Friday approved Ascend Elements' expedited timeline for a Chapter 11 auction, after the battery recycling firm reached consensus on reserving the rights of objecting parties.
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April 17, 2026
Nussbaum-Linked Law Firms Hit Ch. 11 Facing Scheme Suits
Two commercial real estate law firms headed by Mark J. Nussbaum filed for Chapter 11 protection in New York, listing at least $353 million in disputed unsecured claims tied to the firms' hard money lending practices that have been described in litigation as a Ponzi scheme.
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April 16, 2026
Under The Radar: Bankruptcy News You May Have Missed
Satellite company Inmarsat appealed an order escrowing settlement funds, the U.S. trustee balked at an Eddie Bauer retail operator's plan releases to no avail, and a New York bankruptcy judge approved a brain scan equipment maker for post-petition financing.
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April 16, 2026
Optimum Defends Antitrust Suit Against Apollo, BlackRock
Apollo, Ares, BlackRock and other financial giants are colluding to block Optimum Communications Inc. from negotiating a debt refinancing to avert bankruptcy, acting as a "cartel" and locking Optimum out of credit markets, Optimum said in a brief opposing the investors' bid to dismiss its antitrust suit in New York.
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April 16, 2026
Judge Agrees To OK Battery Recycler's May Ch. 11 Auction
A Texas bankruptcy judge said Thursday he was inclined to approve Ascend Elements' speedy schedule for a Chapter 11 auction in May but held off on making a ruling to let the battery recycling company continue discussions with objectors.
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April 16, 2026
Patient Care Ombudsman Named In Inspired Healthcare Ch. 11
The U.S. Trustee's Office has appointed an ombudsman to oversee the care of thousands of residents of retirement homes owned by bankrupt private equity investor Inspired Healthcare Capital.
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April 16, 2026
Multi-Color Wins OK For Ch. 11 Plan Cutting $3.9B In Debt
A New Jersey bankruptcy judge on Thursday confirmed Multi-Color Corp.'s reorganization plan less than three months after the label-maker sought Chapter 11 protection, allowing the company to slash $3.9 billion in debt and raise $889 million in new capital.
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April 16, 2026
NJ Judge Clears Eddie Bauer Retail Operator's Ch. 11 Plan
A New Jersey bankruptcy judge said Thursday she would confirm the Chapter 11 liquidation plan from a company operating Eddie Bauer retail stores, following a settlement last month between the debtor and its lenders and creditors.
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April 16, 2026
QVC Hits Ch. 11 With Prepackaged Plan To Slash $6.6B Debt
QVC Group Inc., the owner of pioneering home shopping television networks, filed for Chapter 11 protection in Texas on Thursday to slash about 80% of its $6.6 billion of debt, after turnaround efforts that cut jobs and launched live events on TikTok have failed to fully offset weakening consumer sentiment, the impact of tariffs and the yearslong slide of cable television.
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April 15, 2026
Oi Noteholders Lose Ch. 15 Bid To Block Sale In Brazil
A New York bankruptcy judge Wednesday declined to stop a sale of telecommunications company Oi's equity stake in a Latin American fiber internet provider, finding it wasn't the role of a Chapter 15 judge to issue such a decision and acknowledging that the parties may return to U.S. courts once the sale is consummated.
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April 15, 2026
Winston & Strawn Must Face $1.7B GloriFi Malpractice Suit
A Chapter 7 malpractice suit brought by the trustee of fintech company GloriFi asserting $1.7 billion in damages from a failed initial public offering mostly survived a motion to dismiss late Tuesday, with a Texas bankruptcy judge saying the trustee sufficiently pled breach claims against law firm Winston & Strawn.
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April 15, 2026
Judge John T. Dorsey's Legacy On The Bench And Beyond
A Delaware bankruptcy judge who oversaw cases such as the insolvencies of crypto supernova FTX and Irish pharmaceutical company Mallinckrodt has died "following a courageous battle with cancer," the court said Wednesday. Friends and colleagues, paying tribute, highlighted and mourned a brave, clever and dynamic man.
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April 15, 2026
Multi-Color Inks Deal With Creditors On $3.9B Debt-Cut Plan
Multi-Color Corp. told a New Jersey bankruptcy judge Wednesday it had reached a settlement with creditors that resolves almost all objections to a Chapter 11 plan that would let the label maker eliminate $3.9 billion in debt and preserve thousands of jobs.
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April 15, 2026
Cumulus Media Gets OK For $592M Debt-Swap Ch. 11 Plan
A Texas bankruptcy judge Wednesday approved radio giant Cumulus Media's $592 million debt-for-equity Chapter 11 plan, overruling arguments from the U.S. Trustee's Office that the plan's third-party claims releases were nonconsensual.
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April 15, 2026
VC Apple Tree Can Stay In Ch. 11 While Cayman Case Restarts
A Delaware bankruptcy judge has denied a Russian billionaire's bid to dismiss the Chapter 11 case of biotechnology investment company Apple Tree Life Sciences Inc. but said she would allow a winding-up proceeding the venture capital firm launched in the Cayman Islands to play out simultaneously.
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April 15, 2026
Solar Co. Freedom Forever Hits Ch. 11 With Over $500M Debt
California-based home solar panel installer Freedom Forever filed for Chapter 11 protection in Delaware bankruptcy court Wednesday with more than $500 million in debt, including $114 million owed to residential solar panel financing firm Mosaic.
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April 14, 2026
Trustee's Office Balks At Spirit Disclosure, Wants More Info
The U.S. Trustee's Office asked a New York bankruptcy judge to reject Spirit Airlines' bid to take a Chapter 11 plan to a vote, saying the debtor's disclosure statement regarding the plan is too thin.
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April 14, 2026
IHC's Ch. 11 Mediation Ask 'Jumped The Gun,' Creditors Say
Lenders and unsecured creditors to Inspired Healthcare Capital have told a Texas bankruptcy court it is too soon in the senior-living facility group's Chapter 11 case to appoint a mediator, arguing its mandatory mediation proposal could bind creditors' rights.
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April 14, 2026
Catching Up With New Bankruptcy Case Action
Liquidators for companies linked to a crypto scam network filed for Chapter 15 recognition, a battery recycler filed Chapter 11 with $143 million in debt, and a workforce housing developer began its own Chapter 11 involving more than $73 million in debt.
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April 14, 2026
Saks Gets OK To Sell Corporate Jet For $6M In Ch. 11
Saks Global Enterprises LLC on Tuesday secured a Texas bankruptcy judge's approval to sell a company jet for $6 million in the luxury retailer's Chapter 11 case.
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April 14, 2026
Omnicare OK'd For Ch. 11 Auction With $250M Base Bid
Pharmacy services provider Omnicare's choice of a $250 million stalking horse bid for its assets was approved Tuesday by a Texas bankruptcy judge, setting up a possible auction in May.
Expert Analysis
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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.
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Law School's Missed Lessons: Intentional Career-Building
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.
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The Bankruptcy Risks Inherent In AI Data Center Power Deals
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.
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3 Notable Developments In Ch. 15 Bankruptcy This Year
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.
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Law School's Missed Lessons: Practical Problem Solving
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.
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Receivership Law May Streamline Real Estate Sales In Illinois
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.
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Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave
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.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
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.
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The Law Firm Merger Diaries: Getting The Message Across
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.