Large Cap

  • August 14, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Co-owners of a rice mill accused the CEO of having exceeded his authority by starting bankruptcy. Bankrupt oil company Cox Operating's Chapter 7 trustee asked a Colorado federal court to weigh in on a property. And electric vehicle maker Nikola asked a bankruptcy court to approve a settlement.

  • August 14, 2025

    Meet The Attorneys Guiding Turbine Blade Maker TPI's Ch. 11

    A team of lawyers from Weil Gotshal & Manges LLP is leading the bankruptcy case of Arizona-based manufacturer of blades for wind turbines TPI Composites Inc., as the company plans to hand itself over to its senior lenders.

  • August 14, 2025

    Del Monte Says It's Too Soon To Decide On Tomato Contracts

    Packaged foods giant Del Monte asked a New Jersey bankruptcy judge to reject a motion by tomato processors seeking an immediate decision on the fate of their contracts, saying making the call this early in the Chapter 11 case would disrupt its attempts to find a buyer.

  • August 14, 2025

    Infowars Faces Sale As Texas Judge Appoints Receiver

    A Texas state court judge has ordered the appointment of a receiver to take possession of Alex Jones' Infowars assets to help satisfy over $1 billion in judgments he faces for defaming a group of families of Sandy Hook shooting victims.

  • August 14, 2025

    Rite Aid Gets More Bids For Leases, Properties In Ch. 11

    Drugstore chain Rite Aid told a New Jersey bankruptcy judge on Thursday that it has secured another roughly $76 million in bids for leases and property across the country as the debtor works to sell its assets in Chapter 11.

  • August 14, 2025

    Troutman Adds 3 More CMBS Attys From K&L Gates

    Troutman Pepper Locke LLP has announced three more additions to its commercial mortgage-backed securities team from K&L Gates LLP, saying their hires will "further fortify the firm's competitive edge in the special servicing and litigation sectors."

  • August 13, 2025

    Jewelry Co. Claire's To Appoint UK Insolvency Administrators

    The operator of United Kingdom-based stores of the bankrupt jewelry retailer Claire's said Wednesday it would open an insolvency proceeding and appoint administrators, one week after Claire's filed for Chapter 11 protection in Delaware bankruptcy court.

  • August 13, 2025

    Policy Uncertainty, Competition Led Turbine Maker Into Ch. 11

    Uncertainty around renewable energy policy, tariffs, supply chain issues and international competition led Arizona-based manufacturer of blades for wind turbines TPI Composites Inc. to file for Chapter 11. 

  • August 13, 2025

    Feds Skirting Risky Debt As 1 Bank Stays Highly Leveraged

    Federal regulators aren't scrutinizing risky real estate loans even though some banks have a substantial volume of high-risk debt on their books, a banking source told Law360 Real Estate Authority.

  • August 13, 2025

    Creditors Say Genesis Sale Process Stacked Toward Insiders

    Unsecured creditors of Genesis Healthcare are asking a Delaware bankruptcy judge to amend the terms of its Chapter 11 financing to prevent corporate insiders from retaining control of the nursing home chain and dodging potential claims against them.

  • August 13, 2025

    Retailer At Home Defends Revised Ch. 11 Plan And Releases

    Household furnishings retailer At Home Group Inc. hit back against objections to its Chapter 11 plan and disclosure statement lodged by creditors and the U.S. Department of Justice's bankruptcy watchdog, telling a Delaware federal judge that third-party releases in the plan are now consensual, and its disclosures are sufficient.

  • August 13, 2025

    Scarinci Hollenbeck Adds 4 Litigators In NYC

    Scarinci Hollenbeck LLC has added four litigators previously with Kishner Legal PC who have expertise in areas such as commercial litigation and real estate as attorneys in its New York City office, the firm announced Wednesday.

  • August 13, 2025

    No So-Called Summer Slowdown As Bankruptcies Spike

    Summer is often a time for lawyers to worry more about their family vacations than their next bankruptcy filing. But this year is an exception, with a July surge in filings driven by the new administration's tariff and immigration policies and a normalization back to pre-pandemic levels overall, experts said.

  • August 13, 2025

    BakerHostetler Hires Cooley Securities Litigation Atty

    BakerHostetler has added an experienced litigator to its white collar, investigations and securities enforcement litigation and securities and governance litigation teams in New York, bringing with him more than 25 years of BigLaw experience, including most recently with Cooley LLP.

  • August 13, 2025

    Wind Blade Maker TPI Gets $7.5M Of New Money In Ch. 11 DIP

    A Texas bankruptcy judge on Wednesday granted an Arizona-based manufacturer of blades for wind turbines interim access to its postpetition financing package, which includes $7.5 million in new money upfront.

  • August 12, 2025

    Terraform Founder Cops To $40B Crypto Fraud Scheme

    The founder and former CEO of Terraform Labs on Tuesday admitted to perpetrating a multibillion-dollar fraud by deceiving investors about its decentralized finance-based ecosystem of crypto products, a scheme that wiped out $40 billion in market value when it collapsed.

  • August 12, 2025

    Guo Ch. 11 Trustee Seeks Additional Time Chasing Relatives

    The Chapter 11 trustee overseeing Miles Guo's estate on Tuesday asked a Connecticut bankruptcy judge for six additional months to file potential clawback claims against six of the Chinese exile's relatives and business associates, saying he's examining money transfers from Australia and China and "bags of cash" for Guo's daughter.

  • August 12, 2025

    Catching Up With New Bankruptcy Case Action

    Jewelry chain Claire's filed for its second bankruptcy with $690 million in debt and plans to close 700 U.S. stores, Delaware's 4 Points Towing & Roadside Service sought Chapter 11 under Subchapter V after pandemic-driven losses, and a parking garage in New York City filed for Chapter 11 citing difficulty in keeping up with mortgage payments amid rising interest rates.

  • August 12, 2025

    Del Monte Auction Set For Nov. After Ch. 11 Financing OK'd

    A New Jersey bankruptcy judge said Tuesday he will give final approval to $912.5 million in Chapter 11 financing for canned foods giant Del Monte as it seeks to find a buyer.

  • August 12, 2025

    Judge Denies Charitable Donation Claim In FTX Ch. 11

    A Delaware bankruptcy judge on Tuesday rejected a former FTX Trading Ltd. customer's nearly $700,000 claim, saying he failed to show that funds donated to the cryptocurrency platform's charity were later clawed back.

  • August 12, 2025

    Wind Blade Maker TPI Hits Ch. 11 In Texas With Over $1B Debt

    TPI Composites Inc., an Arizona-based manufacturer of blades for wind turbines, has filed for Chapter 11 protection in Texas bankruptcy court, listing between $1 billion and $10 billion in debt, including $600 million in funded debt, and plans to hand the company over to its senior lenders.

  • August 11, 2025

    Claire's Starts Store Sales, Linqto Defeats Venue Transfer Bid

    Jewelry company Claire's announced it would launch store closing sales after seeking bankruptcy protection for the second time in less than a decade. Meanwhile, a judge gave the Archdiocese of New Orleans one last chance to secure confirmation of a Chapter 11 plan, and Linqto managed to keep its bankruptcy case in Texas.

  • August 11, 2025

    Miles Guo Ordered To Forfeit $1.3B In Fraud Case

    Bankrupt Chinese exile Miles Guo must forfeit $1.3 billion in cash, luxury goods and real estate, including his 21-bedroom New Jersey mansion, a New York federal judge said Monday, more than a year after the purported billionaire was found guilty of wide-ranging fraud.

  • August 11, 2025

    Judge To Order Bond, Sanctions In Crypto Miner's Ch. 11

    A Delaware bankruptcy judge said Monday she would require the creditors that petitioned to force a cryptocurrency mining operation into Chapter 11 to post a multimillion-dollar bond in case their petition is dismissed.

  • August 11, 2025

    McDermott, Other Firms Sign Deal To End $4.4M Guo Claims

    McDermott Will & Schulte, four other law firms and one consulting firm have agreed to settle, for an undisclosed amount and without formal litigation, clawback claims totaling $4.4 million by the Chapter 11 estate of bankrupt Chinese exile and convicted criminal Miles Guo.

Expert Analysis

  • 7 Steps To Take Before Responding To Claim Objections

    Excerpt from Practical Guidance
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    When counsel is notified of an objection to the proof of claim in a bankruptcy case, they should contact the client and begin discussing the cost and benefit of responding.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

    Excerpt from Practical Guidance
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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • How Methods Are Evolving In Textualist Interpretations

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    Textualists at the U.S. Supreme Court are increasingly considering new methods such as corpus linguistics and surveys to evaluate what a statute's text communicates to an ordinary reader, while lower courts even mull large language models like ChatGPT as supplements, says Kevin Tobia at Georgetown Law.

  • Why Attorneys Should Consider Community Leadership Roles

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    Volunteering and nonprofit board service are complementary to, but distinct from, traditional pro bono work, and taking on these community leadership roles can produce dividends for lawyers, their firms and the nonprofit causes they support, says Katie Beacham at Kilpatrick.

  • Ch. 11 Ruling Shows Early Attempt To Tackle Purdue Fallout

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    A Delaware bankruptcy court’s recent ruling in Parlement Technologies’ Chapter 11 case, which denied a bid by Parler’s former owner to extend its bankruptcy stay to nondebtors, illustrates early efforts to grapple with the U.S. Supreme Court's decision in Purdue Pharma for a recurring bankruptcy issue, say Daniel Lowenthal and Jonah Wacholder at Patterson Belknap.

  • 9 Liability Management Tips As Debt Maturity Cliff Looms

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    As the debt maturity cliff swiftly approaches in this challenging environment, attorneys at Winston & Strawn highlight the top considerations for boards of directors and finance professionals to think about when structuring and executing liability management transactions, including reviewing capital structure, evaluating debt covenants, and more.

  • Firms Must Offer A Trifecta Of Services In Post-Chevron World

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    After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.

  • How Cos. Can Leverage IP In Corporate Bankruptcy

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    In light of an increase in year-to-date Chapter 11 filings, businesses must understand the importance and value of intellectual property in corporate bankruptcy and restructuring, from contributing to enterprise value, to providing leverage in negotiations and facilitating recovery, says Gregory Campanella at Ocean Tomo.

  • Avoiding Retail Bankruptcy As Economic Uncertainty Persists

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    Amid record retail bankruptcies and continued economic uncertainty in 2024, retailers can take specific steps like building stronger cash-flow models, managing inventory wisely and reassessing cost structures to avoid financial distress, say consultants at BRG.

  • Banking Compliance Takeaways From Joint Agency Statement

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    Federal bank regulatory agencies’ recent joint statement warning of risks associated with third-party fintech deposit services spotlights a fundamental problem that may arise with bank deposit products that are made through increasingly complex customer relationships, says Tom Witherspoon at Stinson.

  • Litigation Funding Disclosure Key To Open, Impartial Process

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    Blanket investor and funding agreement disclosures should be required in all civil cases where the investor has a financial interest in the outcome in order to address issues ranging from potential conflicts of interest to national security concerns, says Bob Goodlatte, former U.S. House Representative for Virginia.

  • Law Firms Should Move From Reactive To Proactive Marketing

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    Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.

  • Chapter 11 Ruling Signals Emphasis On Lockup Provisions

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    A New York bankruptcy court's recent ruling in GOL Linhas Aéreas Inteligentes’ Chapter 11 case provides creditors with a strong basis for resisting requests to lock up or otherwise limit their voting rights, say Dania Slim and Andrew Alfano at Pillsbury.

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