Mid Cap

  • March 24, 2026

    Catching Up With New Bankruptcy Case Action

    The maker of spandex is looking to swap its debt for equity in Chapter 11, a longtime book distributor plans to finish winding down operations while its bankruptcy keeps an automatic stay on litigation, and a microbiome treatment developer wants to sell its assets in bankruptcy.

  • March 24, 2026

    Justices Weigh Change To Estoppel Rule Used In Ch. 13 Case

    The U.S. Supreme Court heard arguments Tuesday over whether the Fifth Circuit erred in letting judicial estoppel bar a Chapter 13 debtor from pursuing tort litigation after failing to disclose the claim to a bankruptcy court, weighing whether to apply a holistic test to determine if the debtor's mistake was inadvertent.

  • March 24, 2026

    4th Circ. Affirms False Ads Verdict Against Chinese Pool Co.

    The Fourth Circuit on Tuesday affirmed a jury verdict finding a Chinese pool parts company liable for falsely advertising its products as made in the USA as part of a larger judgment favoring a North Carolina manufacturer that has since ballooned to over $17 million.

  • March 24, 2026

    Caribbean Resort Seeks OK For Ch. 11 Global Settlement

    A bankrupt resort residence complex on the Caribbean island and British Overseas Territory of Anguilla asked a Delaware judge to approve a settlement with various parties including a family who alleged their child was attacked by a facility employee.

  • March 23, 2026

    4th Circ. Finds Mortgage Docs Didn't Violate Bankruptcy Stay

    The Fourth Circuit has declined to revive a debtor's lawsuit claiming his mortgage servicers violated bankruptcy protections, finding that none of the monthly account statements, payoff statements and tax statements the servicers sent him were related to debt collection. 

  • March 23, 2026

    NY Hotel That Housed Asylum-Seekers Hits Ch. 11

    A hotel north of New York City that had agreed to provide long-term shelter for asylum-seekers, and was subsequently sued by a municipality for doing so, has filed for Chapter 11 protection, listing between $1 million and $10 million worth of assets and liabilities.

  • March 23, 2026

    Ch. 11 Venue Shopping Still A Thorn In LoPucki's Side

    Lynn LoPucki, a professor at the University of Florida's Levin College of Law, is back. The long-time bankruptcy gadfly stopped work on his public Bankruptcy Research Database of large corporate Chapter 11s in 2022. In the intervening years, his appearances in the pages of the mainstream business press, where he had regularly denounced forum shopping, waned.

  • March 23, 2026

    Whiskey Co. Appeals Receiver Win On Ch. 11 Dismissal

    Controversy over whiskey company Uncle Nearest Inc.'s Chapter 11 continued Friday, as the debtor's counsel from the case appealed a judge's ruling that dismissed the bankruptcy as filed without legitimate authority.

  • March 23, 2026

    Bahamian Law Can't Shield Trusts In $28M Tax Suit, DOJ Says

    A Floridian facing a $28 million tax bill cannot invoke Bahamian law to avoid repatriating funds held in two Bahamian trusts, the U.S. government told a federal court, contending he is "cherry-picking" which jurisdiction's law applies in different situations.

  • March 23, 2026

    Multi-Color Stays In NJ; Jackson Walker Can Do Fee Deals

    Label maker Multi-Color's Chapter 11 case will stay in New Jersey, Spandex maker Lycra hit Chapter 11 in Texas, and Jackson Walker can pay clients demanding refunds over a relationship between a former firm attorney and a bankruptcy judge. This is the week in bankruptcy.

  • March 23, 2026

    3rd Circ. Sides With Nuclear Plant Co. In Union Benefits Fight

    The Third Circuit on Monday sided with a nuclear power company in a dispute with an electrical workers union over contributions to employee healthcare premiums, holding that the union couldn't force issues out of court because their disagreement was outside the scope of the collective bargaining agreement's arbitration provision.

  • March 23, 2026

    NC Justices Split On Wage Act Elements In Earth Fare Appeal

    North Carolina's highest court has upheld a six-figure unjust enrichment verdict favoring the founder of the organic supermarket chain Earth Fare in a split decision that set off a debate among the justices about what is required to prove a state Wage and Hour Act claim.

  • March 23, 2026

    Fecal Treatment Co. Files Ch. 11 To Escape Lease, Sell IP

    A company that develops treatments to improve the health of the body's microbiome sought Chapter 11 protection, saying it had never generated a positive cash flow and faces unresolved litigation and a burdensome lease.

  • March 20, 2026

    What's Happening In Bankruptcy Court This Coming Week

    A Delaware bankruptcy judge will consider US Magnesium's bid for postpetition financing, Genesis Healthcare will go before a Texas judge seeking the all-clear to institute an executive bonus scheme, and another Texas judge will weigh a move to reopen satellite company Speedcast International Ltd.'s Chapter 11.

  • March 20, 2026

    Rising Defaults, Withdrawal Requests Test Private Credit

    With the hike in private credit defaults last year, the surge in private credit fund withdrawal requests in recent weeks, and the more than 50% drop in shares of some private credit firms like Blue Owl Capital, new questions are being raised about the viability of these funds. 

  • March 20, 2026

    Up Next At High Court: Late Ballots And 'Last-Mile' Drivers

    The U.S. Supreme Court will kick off its March oral arguments session by reviewing disputes over the validity of state laws allowing late-arriving mail-in ballots to be counted in federal elections and whether "last-mile" delivery drivers qualify for the transportation worker exemption to the Federal Arbitration Act. 

  • March 20, 2026

    Stoli Trustee Gets OK To Hand Off Some Claims In Ch. 11

    A Texas bankruptcy judge on Friday approved requests by the Chapter 11 trustee for liquor maker Stoli Group USA LLC for permission to transfer some estate claims to a different trust, overruling an objection by the U.S. Trustee's Office.

  • March 20, 2026

    TGI Fridays OK'd To Seek Votes On Post-Sale Liquidation Plan

    The bankruptcy estate of casual dining chain TGI Fridays can seek votes on its Chapter 11 liquidation plan, a Texas bankruptcy judge said Friday, setting up a confirmation hearing for May 1.

  • March 20, 2026

    Echo Payment Systems Files Ch. 7 Bankruptcy In Delaware

    Echo Payment Systems Inc. has filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, seeking to liquidate its assets and wind down operations, and the company will not attempt to reorganize but instead pursue an orderly liquidation under court supervision.

  • March 20, 2026

    5th Circ. Backs Instant Brands Chapter 11 Plan Contract Ruling

    The Fifth Circuit has upheld a Texas bankruptcy judge's ruling on Instant Brands' Chapter 11 plan, finding he correctly held the reorganized appliance group could retain indemnification rights from past orders while assigning a manufacturer's supply contract.

  • March 20, 2026

    MFS Faces FCA Probe After Collapse With £1B Debts

    The City watchdog said Friday that it has launched an enforcement investigation into Market Financial Solutions Ltd., a U.K. provider of property loans that collapsed in February with debts of more than £1 billion ($1.3 billion).  

  • March 20, 2026

    Ex-McGlinchey Attys Reflect On 'Special' Culture After Closure

    McGlinchey Stafford PLLC shut down earlier this year after more than five decades, but its strong culture left many of the more than 100 former firm attorneys wanting to stick together even after the New Orleans-based firm closed its doors.

  • March 19, 2026

    Calif. Resort Developer SilverRock Files Ch. 11 Plan

    The developer of a California resort project has proposed a new Chapter 11 plan and disclosure statement in Delaware bankruptcy court, seeking permission to solicit votes on a plan that will likely impair most secured creditors.

  • March 19, 2026

    Oroville Hospital CEO's Resignation Hits Snag In Ch. 11

    Oroville Hospital's plan to have its CEO resign and then be rehired as a consultant raised concerns for creditors and a California bankruptcy judge Thursday, as the medical center's Chapter 11 case headed toward an asset sale.

  • March 19, 2026

    Pallet Biz Tells Mich. Judge To Toss Discovery Bid

    Pallet company Palltronics is urging a Michigan federal court to deny a rival firm's request for more discovery in their trade secret dispute, arguing the request is unnecessary, premature and filed in bad faith.

Expert Analysis

  • Asbestos Trusts And Tort Litigation Are Still Not Aligned

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    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.

  • The Legal Education Status Quo Is No Longer Tenable

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    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.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

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    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.

  • Section 1983 Has Promise After End Of Nationwide Injunctions

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    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.

  • Law School's Missed Lessons: Learning From Failure

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    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.

  • Ohio Banking Brief: All The Notable Legal Updates In Q2

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    Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.

  • Law School's Missed Lessons: Skillful Persuasion

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    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.

  • Special Committees Gain Traction In Chapter 11 Investigations

    Excerpt from Practical Guidance
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    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.

  • Ch. 7 Ruling Is Warning For Merchant Cash Advance Providers

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    A New York bankruptcy court’s recent ruling in favor of a Chapter 7 trustee for the bankruptcy estate of JPR Mechanical shows merchant cash advance providers why superficial agreement labels will not shield against preference liability, and serves as a guidepost for future contract drafting, say attorneys at Eversheds Sutherland.

  • Law School's Missed Lessons: Navigating Client Trauma

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    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.

  • 4 Former Justices Would Likely Frown On Litigation Funding

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    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.

  • GENIUS Act Could Muck Up Insolvency Proceedings

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    While some of the so-called GENIUS Act's insolvency provisions are straightforward, others run the risk of jeopardizing the success of stablecoin issuers' insolvency proceedings and warrant another look from Congress, say attorneys at Morgan Lewis.

  • Playing The Violin Makes Me A Better Lawyer

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    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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