Mid Cap
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February 24, 2026
Catching Up With New Bankruptcy Case Action
A company that provides natural gas compression equipment filed for Chapter 11 with more than $240 million in debt, a clay miner entered bankruptcy protection in response to an uptick in lawsuits, and a flavored air device maker asked U.S. courts to recognize its Canadian insolvency.
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February 23, 2026
PosiGen Gets OK For Ch. 11 Wind-Down Plan
A Texas bankruptcy judge Monday approved solar panel leasing firm PosiGen's wind-down Chapter 11 plan after the company said it modified its third-party release provisions to conform to a federal district court decision issued earlier this month.
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February 23, 2026
Bankruptcy Pros See Parallels Between Dot-Com Era And AI
Bankruptcy experts are saying the current enthusiasm for artificial intelligence has parallels with the early-2000s bubble of investment and debt in the online sector and the telecommunication industry.
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February 23, 2026
Bankruptcy Watchdog Appeals Stoli's Ch. 11 Trustee Order
The U.S. bankruptcy watchdog appealed orders approving Stoli's use of cash collateral and appointing a Chapter 11 trustee to oversee the bankrupt liquor group.
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February 23, 2026
Bestwall Claimants Urge High Court To Hear Ch. 11 Challenge
Asbestos claimants of Georgia-Pacific spinoff Bestwall have asked the U.S. Supreme Court to take up their challenge to Bestwall's "Texas two-step" bankruptcy, saying the Fourth Circuit created an "erroneous legal standard that incentivizes forum-shopping" when it allowed Bestwall to stay in Chapter 11 last year.
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February 23, 2026
Tonopah Solar Names $7M Stalking Horse Bidder
A bankrupt Nevada solar project named a prospective bidder chosen to secure at least $7 million in a Chapter 11 asset auction.
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February 23, 2026
Catching Up With Delaware's Chancery Court
Legal fee feuds, noncompete pact breach fights and post-closing "earnout" battles piled up in Delaware's equity and commercial law venues last week, with top jurists briefing lawmakers on efforts to better manage crowded dockets and expanded benches.
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February 23, 2026
Saks' $5B DIP Gets Final OK, Biotech Co. Wants Credit Bid Bar
Luxury retailer Saks can access the final portion of a more than $5 billion Chapter 11 loan, the Roman Catholic Diocese of Oakland and its creditors' committee will submit competing Chapter 11 plans, and a biotech firm says a last-minute bid change has stifled bankruptcy auction competition.
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February 23, 2026
Greenberg Glusker Adds Land Use, Corporate Attys In LA
Greenberg Glusker Fields Claman & Machtinger LLP announced Monday the firm is expanding its ranks with the addition of two new partners to its Los Angeles office: a land use whiz from Jeffer Mangels & Mitchell LLP and a transactional ace from Prospera Law LLP.
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February 23, 2026
Justices Won't Review Religious Group's Bid Against IRS Lien
The U.S. Supreme Court declined Monday to review a religious organization's constitutional challenge against the Internal Revenue Service over a lien on church property to collect taxes owed by the group's bankrupt founder and her family.
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February 23, 2026
Stone And Sand Co. Files Ch. 11 With $32M Debt
A New York-based purveyor of sand and stone aggregates sought Chapter 11 protection Friday, with over $32 million in liabilities and almost $1.3 million in assets.
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February 23, 2026
Natural Gas Compressor Co. Axip Files Ch. 11 In Texas
Natural gas compression equipment provider Axip Energy Services has filed for Chapter 11 protection in a Texas bankruptcy court, saying it has secured an offer to sell its assets to deal with its $240.5 million in funded debt.
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February 20, 2026
Evolve Bank Freed From Fintech Yotta's Fraud Suit, For Now
A San Francisco federal judge has dismissed Yotta Technology's lawsuit accusing Evolve Bank & Trust of operating a Ponzi scheme on the grounds that it can't proceed in federal court without now-defunct fintech intermediary Synapse Financial Technologies as a party, but the judge held it could be refiled in state court.
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February 20, 2026
McGlinchey Stafford Files Ch. 7 With Over $10M In Liabilities
New Orleans-based firm McGlinchey Stafford PLLC, which announced last month that it's winding down operations after more than half a century, filed for Chapter 7 bankruptcy with more than $10 million in liabilities owed to former staff and attorneys, workplace vendors, financial institutions and other creditors.
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February 20, 2026
Clearside Bio Wants Block On $100M Bid That 'Froze' Auction
Clearside Biomedical has urged a Delaware bankruptcy judge to block a KKR & Co.-owned firm from credit bidding some $100 million in allegedly secured debt in its Chapter 11 auction, saying the last-minute offer amounted to an "ambush" that "froze" competition.
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February 20, 2026
PrimaLend Confirms Ch. 11 Plan Folding In Asset Sales
Auto lender PrimaLend Capital can head toward a Chapter 11 exit after a Texas bankruptcy judge on Friday approved a plan incorporating two credit bid sales of its loan portfolios and establishing a liquidating trust.
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February 20, 2026
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy courts are set to tackle issues ranging from whether Saks Global's Chapter 11 precludes a landlord from reclaiming properties, MMA Law's plan to sell tort claim interests to another law firm, and Tilson Technology Management Inc.'s request to conclude its Chapter 11 case.
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February 20, 2026
Norcold Ch. 11 Plan Approved After Trustee Change
A Delaware bankruptcy judge signed an order confirming the Chapter 11 plan of recreational vehicle refrigerator maker Norcold LLC Friday after the company filed update plan documents reflecting a change to the liquidating trustee.
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February 20, 2026
The Rise Of 'Good' Forum Shopping In Global Bankruptcy
Companies with oppressive levels of debt are increasingly skipping Chapter 11 and restructuring overseas to obtain relief unavailable under U.S. bankruptcy law, using what some foreign courts and experts have called "good forum shopping" to select a preferred venue while keeping their operating business safe at home.
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February 20, 2026
Beasley Allen Can't Pause NJ Talc DQ Order, Judge Rules
The Beasley Allen Law Firm can't delay an order disqualifying it from representing hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder while it seeks review from the New Jersey Supreme Court, a state judge ruled on Friday.
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February 20, 2026
Aleon Approved For Ch. 11 Plan Vote Solicitation
Bankrupt recycler Aleon Metals LLC received conditional approval of its Chapter 11 plan disclosure statement Friday in a Texas court, clearing the way for the company to solicit creditor votes on the joint proposal of the debtor and its official committee of unsecured creditors.
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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 20, 2026
Village Roadshow Gets OK For Vote On Liquidation Plan
A Delaware bankruptcy judge Friday gave Village Roadshow, the film producer behind "The Matrix" and "Ocean's Eleven," permission to send its Chapter 11 liquidation plan out for a creditor vote, overriding objections from the U.S. Trustee's Office to the plan's third-party releases.
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February 19, 2026
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.
Expert Analysis
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Adapting To Private Practice: From Fed. Prosecutor To BigLaw
Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.
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Perfecting Security Interests In Renewable Energy Tax Credits
The ability to transfer renewable energy tax credits has created new opportunities for developers, investors and lenders, but it also raises important questions regarding when and how the security interests in these credits are perfected — questions that must be answered definitively to protect credit claims and transactions, says Harry Teichman at Stinson.
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Firms Still Have Lateral Market Advantage, But Risks Persist
Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.
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We Must Allow Judges To Use Their Independent Judgment
As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.
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Performing Stand-Up Comedy Makes Me A Better Lawyer
Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.
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3 Del. Bankruptcy Cases Highlight US Trustee Objections
As three recent Delaware bankruptcy cases show, debtors who seek approval of a stalking horse bid protections agreement should be prepared for the U.S. Trustee Office's objections, including if the proposed classification for the bid protections is a superpriority administrative expense claim, says Kyle Arendsen at Squire Patton.
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Adapting To Private Practice: From SEC To BigLaw
As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.
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4 Ways Women Attorneys Can Build A Legal Legacy
This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.
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A Judge's Pointers For Adding Spice To Dry Legal Writing
U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.
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Lessons Learned From SAS' Flight Through Chapter 11
Scandinavia's SAS is the first European airline to find its wings through the U.S. Chapter 11 process since COVID-19 rocked the aviation industry — and while the process involved some familiar steps, certain complex jurisdictional issues and non-U.S. stakeholders required the carrier to venture into uncharted airspace, says Emily Hong at Norton Rose.
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Bankruptcy Ruling Provides Guidance On 363 Asset Sales
HE v. Avadim Holdings, a recent ruling from the District of Delaware, underscores the principle that rejection of executory contracts does not unwind completed transfers of property and the importance of clear and precise language in sale orders and asset purchase agreements in bankruptcy cases, say attorneys at Eversheds Sutherland.
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7 Tips For Associates To Thrive In Hybrid Work Environments
Excerpt from Practical Guidance
As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.
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Playing Beach Volleyball Makes Me A Better Lawyer
My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.