Large Cap
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January 15, 2026
EU Greenlights Hedge Fund's $5.89B Bid For Control Of Citgo
The European Commission has announced its approval of a $5.9 billion bid by hedge fund Elliott Investment Management LP to purchase shares in Citgo's parent company and settle billions of dollars of debt owed by Venezuela and its state-owned oil company.
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January 15, 2026
Genesis Names $1B Bidder As Asset Winner In Ch. 11
Nursing home operator Genesis Healthcare on Wednesday said it had chosen a roughly $1 billion bid in its second Chapter 11 auction and gave the back up bidder's role to an entity that had challenged the results of the previous auction.
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January 15, 2026
Rite Aid Trusts Can Access Health Data To Pursue Tort Claims
A New Jersey bankruptcy judge said Thursday he will allow trusts set up under Rite Aid's first Chapter 11 plan to examine personal health data to support their effort to litigate tort and insurance claims, overruling the new Rite Aid debtor's objection.
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January 15, 2026
Meet The Attys In Delaware Appeal Over UpHealth SPAC Deal
Attorneys who are experienced in handling high-profile bankruptcy and corporate matters will next week argue an appeal in Delaware's Supreme Court seeking to revive a complaint filed over a special purpose acquisition company deal to take public now-bankrupt UpHealth Holdings and Cloudbreak Health.
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January 15, 2026
Real Estate Lawyers On The Move
Nossaman, Winstead and Gordon Reese are among the law firms that have made recent real estate or construction hires.
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January 14, 2026
Saks Sheds Dark Store Leases To Save Cash, Shrink Footprint
When the parent company of luxury department store chain Saks Fifth Avenue filed for bankruptcy protection Wednesday, it also moved immediately to reject 26 leases for stores that have already closed, setting the debtor on a path to a smaller footprint, freeing up cash and potentially heading off a protracted showdown with the affected landlords, experts told Law360.
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January 14, 2026
Ligado Judge To Issue Ruling On Inmarsat Satellite Row
A Delaware bankruptcy judge said Wednesday he would issue an oral ruling "in very short order" on telecommunications group Ligado Networks LLC's bid to stop litigation launched by Viasat unit Inmarsat Global Ltd. over Ligado's request to the government to let it license out spectrum rights.
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January 14, 2026
Golf Co. Can Put Liens On Nicklaus IP For Ch. 11 Loan
Sports gear and golf design company GBI Services received final approval for a $17 million Chapter 11 loan Wednesday in Delaware, with a judge there ruling the debtor can grant a lien in favor of the postpetition lenders that covers the name, image and likeness rights for retired professional golfer and company co-founder Jack Nicklaus.
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January 14, 2026
Crypto Group Genesis Seeks Rulings To Close Claims Gap
Attorneys for former crypto lender Genesis Global told a New York bankruptcy judge Wednesday that they're hoping for a quick resolution on pending lawsuits as they push to keep making digital asset distributions to creditors.
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January 14, 2026
Cole Schotz Heads Celebrate 100 Years Of Continuity, Success
While a 100th anniversary is always cause for celebration, Cole Schotz PC reaching the milestone resonates especially strongly for a midsize firm succeeding at a time when a number of its peers have consolidated, merged or shut down altogether, its managing shareholder told Law360 Pulse.
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January 14, 2026
MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners
The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.
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January 14, 2026
Retailer Saks Global Hits Ch. 11 With Over $3B Debt
The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection Wednesday in a Texas bankruptcy court with $3.4 billion in funded debt, buckling under the strain of debt it used to fund its purchase of Neiman Marcus more than a year ago.
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January 13, 2026
First Brands Gets Feb. Hearing On Factoring Funds
A Texas bankruptcy judge said Tuesday he will hold a hearing in early February to determine if auto parts maker First Brands can tap into millions of dollars in cash entangled in its pre-Chapter 11 financing arrangements.
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January 13, 2026
Bankruptcy Bill Brings Long-Awaited Ch. 7 Trustee Fee Boost
A bill that passed both chambers of Congress would permanently increase Chapter 7 trustees' fixed per-case fees for the first time since 1994, a much-anticipated and needed change, bankruptcy experts told Law360.
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January 13, 2026
Sunnova Creditors Balk At Alvarez & Marsal Ch. 11 Fees
A trust representing creditors of Sunnova Energy has urged a Texas bankruptcy court to deny Alvarez & Marsal North America's request for a $4 million "completion fee" in Sunnova's Chapter 11, contending that it is not reasonable or court-approved.
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January 13, 2026
Beasley Allen Talc Work Sends 'Bad Signal,' J&J Says
Johnson & Johnson's talc unit told a New Jersey appeals panel on Tuesday that a lower court's ruling permitting Beasley Allen Law Firm attorneys to represent plaintiffs in multicounty litigation over its talc-based baby powder "sends a very bad signal" to the state bar.
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January 13, 2026
Flaster Greenberg Names 3 Pa. Attys To Board Of Directors
Midsize firm Flaster Greenberg has recently expanded its board of directors with the addition of three attorneys based out of the firm's offices in the Philadelphia region.
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January 13, 2026
NY Judge Vacates Eletson's $102M Arbitral Award
A Manhattan federal judge has vacated a $102 million arbitral award issued to international shipping company Eletson Holdings, saying, "The evidence is clear and convincing that Eletson committed fraud in the arbitration," and misled the arbitrator.
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January 13, 2026
Catching Up With New Bankruptcy Case Action
Freight company STG Logistics Inc. entered bankruptcy protection in New Jersey with up to $10 billion in liabilities, prison phone company Smart Communications filed for Chapter 11 in Florida in connection with an ownership fight, and D.C.-based chain Compass Coffee hit Chapter 11 amid rent disputes with landlords.
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January 12, 2026
SunPower Execs Ink $11M Investor Deal Amid Bankruptcy
Former top executives of now-bankrupt solar power equipment company SunPower have settled with investors to end claims in California federal court alleging the company concealed the destitute state of its finances for several months.
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January 12, 2026
Tricolor Judge Pauses Ex-CEO's Bid To Access D&O Coverage
A Texas bankruptcy judge on Monday declined to approve former Tricolor CEO Daniel Chu's attempt to access the subprime lender's directors and officers insurance to pay for his legal expenses as he faces fraud charges, saying she would issue a ruling later on the request.
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January 12, 2026
House Passes Bill To Double Ch. 7 Trustee Fee
A bipartisan bill doubling the fixed per-case fees for Chapter 7 trustees is headed to President Donald Trump for a signature, after the U.S. House of Representatives passed it Monday night.
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January 12, 2026
Prospect Medical Says Calif. Hospital Buyer Owes $11.6M
Prospect Medical Holdings Inc. has asked a Texas bankruptcy judge to order the buyer of its California hospitals to cough up $11.6 million owed under an asset purchase agreement inked last year, saying it's at risk of administrative insolvency.
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January 12, 2026
Thompson Coburn Adds 4 Attys In Dallas, NY From Gutnicki
Thompson Coburn LLP announced Monday that it has added three partners and an associate from Gutnicki LLP to bolster its financial restructuring and bankruptcy practice as well as its capacity to handle corporate and securities matters.
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January 12, 2026
JPMorgan Displaces Wells Fargo Atop Construction Debt Ranks
Ten U.S. banks held $5 billion or more in construction debt on the books as of the end of 2025's third quarter, with several banks trimming that figure from a quarter earlier and Wells Fargo and JPMorgan Chase swapping spots at the top.
Expert Analysis
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Litigation Inspiration: Reframing Document Review
For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.
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The Challenges Of Abandoned Retirement Plans In Ch. 7
The Department of Labor's rule for unwinding retirement accounts when plan sponsors file for Chapter 7 bankruptcy was intended to alleviate trustees' administration issues, but practical challenges, like unresolved fee and identification matters, could hinder its implementation, say David Goodrich at Golden Goodrich and Nancy Simons at Stretto.
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Circus Arts Make Me A Better Lawyer
Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.
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When Investigating An Adversary, Be Wary Of Forged Records
Warnings against the use of investigators who tout their ability to find an adversary’s private documents generally emphasize the risk of illegal activity and attorney discipline, but a string of recent cases shows an additional danger — investigators might be fabricating records altogether, says Brian Asher at Asher Research.
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3 Ways To Train Junior Lawyers In 30 Minutes Or Less
Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.
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The Bar Needs More Clarity On The Discovery Objection Rule
Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.
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So You Want To Move Your Law Practice To Canada, Eh?
Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.
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A Strategic Checklist For Bankruptcy Motion Objections
Excerpt from Practical Guidance
Hewing to a set of best practices for objecting to a motion in bankruptcy cases can help creditors’ counsel stay on track as they juggle deadlines and jurisdictions, determine whether filing will help or harm the client, and negotiate with the debtor.
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The 3rd-Party Bankruptcy Release Landscape After Purdue
In its Purdue Pharma ruling prohibiting nonconsensual third-party releases, the U.S. Supreme Court did not comment on criteria to render a third-party release consensual, opening a debate in the bankruptcy courts on the permissibility of opt-out versus opt-in releases, say attorneys at Morgan Lewis.
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Striking A Balance Between AI Use And Attorney Well-Being
As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.
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Being An Artist Makes Me A Better Lawyer
My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.
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Bankruptcy Decision Exemplifies Venue Issue For Franchisees
A California bankruptcy court's decision earlier this month in Pinnacle Foods and a lingering circuit split on assumption of executory franchise contracts highlights the issue of whether franchisee debtors can qualify for case venue in friendlier circuits, says David Gamble at Parkins Rubio.
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Lawyers With Disabilities Are Seeking Equity, Not Pity
Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.