Large Cap

  • March 31, 2026

    Judge Blesses Fee-Sharing In Catholic Abuse Claims Appeal

    A California bankruptcy judge on Tuesday blessed a fee-sharing deal between the Roman Catholic Diocese of Fresno and the state's other Catholic organizations, saying it could pay a firm representing all of them in a state court appellate case.

  • March 31, 2026

    Beasley Allen Seeks Stay Of DQ In Federal J&J Talc MDL

    The Beasley Allen Law Firm asked a New Jersey federal court on Monday to hold off on disqualifying it from talc litigation against Johnson & Johnson while it appeals the disqualification order which it called "unprecedented and incorrect."

  • March 30, 2026

    Burford Considers Arbitration After 2nd Circ. Tosses $16B Win

    Burford Capital Ltd. says it is contemplating taking its $16 billion fight with Argentina into international arbitration after the Second Circuit wiped out a judgment the litigation funding firm had won against the nation in New York federal court, sending its stock prices tumbling.

  • March 30, 2026

    Del Monte Says Lenders' Appeal Belongs In District Court

    Del Monte Foods has urged a New Jersey bankruptcy judge to deny a lender group's request to certify a settlement order for direct appeal to the Third Circuit, arguing that the group's challenge to the Chapter 11 deal should play out in district court instead.

  • March 30, 2026

    Ligado Settlement Payment Owed To Inmarsat Sent To Escrow

    A Delaware bankruptcy judge Monday diverted a $100 million settlement payment that bankrupt telecom company Ligado Networks owed to satellite operator Inmarsat into escrow after Ligado alleged Inmarsat breached the deal.

  • March 30, 2026

    First Brands Seeks To Sell Wiper, Filter Biz For $25M In Ch. 11

    Auto parts maker First Brands is asking a Texas bankruptcy judge for rapid approval of a proposed $25 million sale of several of its filter and windshield wiper brands, saying it has no going-concern offers and that the businesses are bleeding customers and value.

  • March 30, 2026

    Steward Health Creditor Trustee Sues Aetna For $6.4M

    The leader of a creditor litigation trust in Steward Health Care's bankruptcy case has launched an adversary proceeding in Texas bankruptcy court against Aetna Health, saying the insurer has refused to pay $6.36 million owed to hospitals formerly owned by Steward.

  • March 30, 2026

    Lowenstein Sandler Enters Del. With Polsinelli Bankruptcy Pro

    Lowenstein Sandler LLP announced Monday that it has opened an office in Delaware by bringing on the former leader of Polsinelli PC's bankruptcy and restructuring practice.

  • March 30, 2026

    Justices Weigh Ch. 13 Estoppel, NY Diocese Strikes Deal

    The U.S. Supreme Court reviewed a ruling that precluded a Chapter 13 debtor from suing a Mississippi company. The Roman Catholic diocese in Albany, New York, announced a $148 million settlement with survivors of childhood abuse. And members of Congress introduced a new bill aimed at curbing forum shopping.

  • March 27, 2026

    Ardagh Unit Gets Ch. 15 OK Despite Noteholders' Objection

    A subsidiary of sustainable metal and glass packaging company Ardagh Group has received Chapter 15 recognition in New York of its restructuring proceedings pending in Luxembourg, over an objection from payment-in-kind noteholders.

  • March 27, 2026

    2nd Circ. Tosses $16B YPF Judgment Against Argentina

    A panel of the Second Circuit Court of Appeals reversed a New York judge's $16 billion judgment against Argentina arising from its nationalization of the country's largest oil and gas exploration company, saying Friday Argentine law doesn't obligate the country to comply with YPF SA's corporate bylaws.

  • March 27, 2026

    NY Diocese, Abuse Claimants Reach $148M Ch. 11 Deal

    The Roman Catholic Diocese of Albany, New York, has agreed to pay $148 million as part of a settlement reached with a committee of sexual abuse claimants in its Chapter 11, it announced Friday.

  • March 27, 2026

    Meet The Attorneys Guiding Lycra Through Ch. 11

    Fiber manufacturer The Lycra Co. has recruited an experienced team of bankruptcy attorneys from Linklaters LLP and Haynes Boone to guide it through a prearranged Chapter 11 restructuring.

  • March 27, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy courts this week will consider objections to the retention of Jones Day in mining company Vanderbilt Minerals' Chapter 11 case, a motion by telecommunications company Ligado to postpone a $100 million payment, and approval of an equity rights offering tied to Office Properties Income Trust's Chapter 11 plan.

  • March 27, 2026

    NYC Sheds FDIC's Claim For Silicon Valley Bank Tax Refund

    A D.C. federal court said Friday it does not have the authority to order New York City to issue a tax refund sought by the Federal Deposit Insurance Corp. in its capacity as receiver of the failed Silicon Valley Bank.

  • March 27, 2026

    House Reps. Call For Ch. 11 Forum Shopping Crackdown

    Two lawmakers have proposed new legislation in the U.S. House of Representatives to set stricter rules on which jurisdictions a company may declare bankruptcy in, saying reform is needed to curtail debtors selecting favorable venues outside their home state.

  • March 27, 2026

    Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum

    Apollo, Ares, BlackRock and other major financial companies have denied Optimum Communications' claims accusing them of "bullying" Kirkland & Ellis LLP into withdrawing as the telecommunications company's transaction counsel to get revenge for a collusion lawsuit filed in New York federal court.

  • March 27, 2026

    Polsinelli Hires Practice Head From McDermott In NY

    Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."

  • March 27, 2026

    NJ Federal Judge DQs Beasley Allen In J&J Talc MDL

    A New Jersey federal judge has disqualified the Beasley Allen Law Firm from representing hundreds of plaintiffs in sprawling multidistrict litigation over Johnson & Johnson's talc-based baby powder, holding that the firm violated ethics rules by collaborating with former outside counsel for J&J, a ruling the law firm has vowed to appeal.

  • March 27, 2026

    Eddie Bauer Stores Lift Unsecured Creditor Pot To $3M

    A company operating Eddie Bauer retail stores said Friday it will increase funding for unsecured creditors in its Chapter 11 plan from $250,000 to up to $3 million after securing a deal with its lenders and creditors on how to distribute proceeds from the debtor's going-out-of-business sales.

  • March 27, 2026

    Multi-Color Gets OK For Halved DIP And Rollup

    Label-maker Multi-Color Corp. got approval Friday for half of the $125 million in Chapter 11 financing it was seeking after a New Jersey bankruptcy judge signed off on a proposal that also cut the rollup of prepetition debt in half.

  • March 27, 2026

    Simpson Thacher Adds 2 Ex-Kirkland Restructuring Partners

    Two former Kirkland & Ellis LLP restructuring attorneys have joined Simpson Thacher & Bartlett LLP as partners in the capital structure solutions practice.

  • March 26, 2026

    Meet The Attys For FAT Brands' Official Creditors Committee

    A team of seasoned Paul Hastings LLP professionals is representing the official committee of unsecured creditors of restaurant franchisor FAT Brands Inc. in Texas bankruptcy court.

  • March 26, 2026

    Multi-Color's DIP Loan Up In The Air As Judge Balks At Rollup

    A New Jersey bankruptcy judge on Thursday said he wasn't ready to give final approval to a debt rollup proposed in Multi-Color Corp.'s Chapter 11 case, throwing into question one of the postpetition financing backers' willingness to fund the debtor's operations.

  • March 26, 2026

    Senators File Amicus In Bestwall High Court Appeal

    Three U.S. senators are backing the asbestos claimants of Bestwall in their bid to take their challenge of the Georgia-Pacific spinoff's so-called Texas two-step bankruptcy to the U.S. Supreme Court, saying the high court must close a loophole the Fourth Circuit has created that allows nonbankrupt corporations to avoid tort liability.

Expert Analysis

  • Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • ConvergeOne Ch. 11 Ruling Clarifies Lender Incentive Limits

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    The recent ConvergeOne ruling from a Texas federal court marks the latest rebuke of selective lender incentives in bankruptcy, and, along with two appellate decision from late 2024, delineates the boundaries of liability management exercises inside and outside Chapter 11, says Pratik Raj Ghosh at MoloLamken.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • $2B PDVSA Ruling Offers Insight Into Foreign-Issued Debt

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    A New York federal court's recent decision denying a request by PDVSA, Venezuela's state-owned oil company, to refuse enforcement of $2 billion in defaulted bonds serves as a guide for the scope of review required in assessing the validity of foreign-issued securities with New York choice-of-law provisions, say attorneys at Cleary.

  • It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

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    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

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