Large Cap

  • October 10, 2025

    How 'Debt's Grip' Shows Up In Consumer Bankruptcies: Part 1

    Over the past 40 years, the demographics of who is filing for bankruptcy have shifted significantly, with single women and people over 65 years old making up larger numbers of filers, according to a new book that illuminates fault lines in the U.S. economy.

  • October 10, 2025

    What's Happening In Bankruptcy Court This Coming Week

    A Delaware bankruptcy judge will weigh SilverRock's $65 million proposed sale. A New York bankruptcy judge will hold a pretrial conference on a tax dispute in SVB Financial Group's Chapter 11 case. And a Texas bankruptcy judge will conduct a hearing on fiber network provider Everstream's Chapter 11 plan disclosure statement.

  • October 10, 2025

    Prospect Medical Gets OK For $45M Yale Health Deal In Ch. 11

    A Texas bankruptcy judge Friday approved a $45 million settlement between Yale New Haven Health Services Corp. and Prospect Medical that ends a legal battle over failed hospital sales, as Prospect works toward exiting Chapter 11.

  • October 10, 2025

    First Brands Gets Creditors' Committee In Ch. 11

    Nine companies have been named to the official committee of unsecured creditors for auto parts company First Brands, including an affiliate of Raistone Capital, which urged a Texas bankruptcy judge to appoint a Chapter 11 examiner in the case.

  • October 10, 2025

    Spirit Airlines Gets OK On $200M DIP, AerCap Lease Deal

    A New York bankruptcy judge Friday approved Spirit Airlines' request to borrow $200 million under a Chapter 11 financing deal and enter into a settlement with its largest lessor, letting the budget air carrier fund its case as it works to pare down its fleet of jets.

  • October 10, 2025

    Modivcare Ch. 11 Confirmation Delayed Over Discovery Time

    A Texas bankruptcy judge Friday rescheduled the Chapter 11 plan confirmation hearing for medical transport company Modivcare Inc. to give parties more time to complete discovery, pushing back the proceedings by three weeks.

  • October 10, 2025

    Rite Aid Fires Back At Claims It Broke CVS Sale Deal

    Bankrupt drugstore chain Rite Aid Friday defended its decision to not pay for druggist insurance to cover ex-employees at pharmacies it has sold to former competitor CVS, while saying CVS has breached the sale deal itself by withholding its final payment.

  • October 09, 2025

    Alex Jones Wants Justices To Pause $1.4B Sandy Hook Award

    Infowars host Alex Jones has asked the U.S. Supreme Court to stay enforcement of a Connecticut court judgment awarding more than $1 billion to the families of Sandy Hook Elementary School shooting victims, arguing that he has faith in the high court overturning the judgment against him.

  • October 09, 2025

    Voyager Judge Won't Dismiss Contract Claims In Binance Suit

    A New York bankruptcy judge said Thursday he expected to deny a request by Binance.US to dismiss Voyager Digital's breach of contract claims stemming from a collapsed asset purchase agreement between the two cryptocurrency ventures.

  • October 09, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Rhodium challenged a $9 million fee request from Lehotsky Keller Cohn LLP for its work as special litigation counsel in a dispute with a landlord. Lenders of the company behind MTV's "Ridiculousness" argued that its bankruptcy should be dismissed. Recovery Law Group asked a court to reconsider a $392,000 fine and a three-year filing ban. And Maverick Gaming defended its sales process.

  • October 09, 2025

    Ga. Univ. Dorm Operator Floats Ch. 11 Plan With Sale

    Bankrupt dormitory operator Corvias Campus Living-USG LLC has filed a Chapter 11 plan centered on a sale of buildings to the University System of Georgia Board of Regents for $208.5 million to pay down existing note debt.

  • October 09, 2025

    Bankrupt EdTech Co. Couldn't Graduate From COVID Boom

    Educational technology company Anthology expanded quickly amid pandemic-era growth in remote learning, but then it ran into stiff competition when rivals also moved into the sector and became mired in operational dysfunction, leading the business down a path to bankruptcy, court documents showed.

  • October 09, 2025

    First Brands Creditor Wants Examiner After $2.3B 'Vanished'

    First Brands creditor Raistone Capital urged a Texas bankruptcy judge to appoint an independent examiner in the car parts maker's Chapter 11 case, saying no one has been held accountable for up to $2.3 billion that "simply vanished."

  • October 09, 2025

    Big Lots Gets OK For $6.5M Deal On Exec Claims

    A Delaware bankruptcy judge on Thursday approved a $6.5 million settlement between retail chain Big Lots and its directors and officers, resolving claims by unsecured creditors that the company's board bungled an attempt to sell the company last year.

  • October 08, 2025

    Auto Industry In Spotlight After Tricolor, First Brands Ch. 11s

    The recent bankruptcies of auto parts maker First Brands and subprime lender Tricolor are shining a spotlight on the auto sector with observers on the lookout for signs of further distress in the industry, as other companies with their own sets of unique problems could come under pressure.

  • October 08, 2025

    LA County Probes Firm's Conduct In $4B Sex Abuse Deal

    The Los Angeles County Board of Supervisors has unanimously voted to launch an investigation into a record $4 billion sex abuse settlement it approved earlier this year following claims that the Downtown L.A. Law Group paid people to file complaints.

  • October 08, 2025

    Avon Trust Sues Insurers Over Coverage Of Talc Liabilities

    A trust established to pay asbestos claimants in Avon's Chapter 11 has urged a Delaware state court to rule that almost 30 insurers must help indemnify more than $225 million of the cosmetics company's talc injury liabilities, saying the insurance carriers had or would fail to do so.

  • October 08, 2025

    Irish Court Bars Russian Arbitral Awards In GTLK Liquidation

    Ireland's High Court has blocked a Russian state-owned aircraft leasing company from enforcing awards issued in arbitration in Russia challenging the liquidation of the company's Irish aviation and maritime leasing subsidiary GTLK Europe DAC.

  • October 08, 2025

    Genesis Judge OKs Creditor Attys But Warns Of 'Dysfunction'

    A Texas bankruptcy judge on Wednesday approved bids by Proskauer Rose LLP and Stinson LLP to represent unsecured claimholders in Genesis Healthcare Inc.'s Chapter 11 case but cautioned that "dysfunction" and inefficient case management could render the estate administratively insolvent.

  • October 08, 2025

    Judge Won't Lift Ch. 9 Stay In Chester Utility Dispute

    A bankruptcy judge ruled Wednesday that the water utility for Chester, Pennsylvania, can't try to alter a five-year-old state court order allowing the bankrupt city to seek bidders for the utility company's assets.

  • October 08, 2025

    Judge To OK Neiman Marcus Trust's Altered Payout Scheme

    A Texas bankruptcy judge said on Wednesday he would allow the liquidating trustee in reorganized debtor Neiman Marcus' bankruptcy case to make distributions to unsecured creditors largely along the trustee's requested lines but without an abbreviated deadline for unclaimed funds to revert to the trust.

  • October 07, 2025

    Prospect Medical Fights $1M Software Fee Claims In Ch. 11

    Prospect Medical Holdings Inc. says the pending Chapter 11 proceedings for its hospitals in California and Connecticut should keep two technology companies from demanding more than $1 million in payment for disputed software and IT contracts, according to Prospect's filings with a Texas bankruptcy court on Monday.

  • October 07, 2025

    Puerto Rico Utility Bondholders Pull Out Of Reorg Deal

    A group of Puerto Rico Electric Power Authority bondholders Tuesday informed a bankruptcy judge that they were following through on a promise to exit a restructuring agreement and join other bondholders in supporting an alternative bankruptcy plan for PREPA.

  • October 07, 2025

    BML Defends Bid To Pursue Claims Against CCA Parent Co.

    BML Properties, the developer of the Baha Mar resort in the Bahamas, defended its bid to bring direct claims against the parent company of CCA Construction, telling a New Jersey bankruptcy judge that CCA's estate is raising illogical arguments to avoid BML pursuing its controlling shareholder.

  • October 07, 2025

    CVS Says Rite Aid Not Complying With Ch. 11 Sale Order

    CVS Pharmacy Inc. has asked a New Jersey bankruptcy judge to enforce his May order approving the sale of 625 Rite Aid pharmacy operations and 64 drug stores, alleging the debtor has not provided druggist insurance as required for its ex-employees who are now working for CVS.

Expert Analysis

  • Group Running Makes Me A Better Lawyer

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    The combination of physical fitness and community connection derived from running with a group of business leaders has, among other things, helped me to stay grounded, improve my communication skills, and develop a deeper empathy for clients and colleagues, says Jessica Shpall Rosen at Greenwald Doherty.

  • 6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • A Closer Look At SDNY Bankruptcy Rule Amendments

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    The U.S. Bankruptcy Court for the Southern District of New York’s recent amendments to its local rules aim to streamline key Chapter 11 processes, resolve misunderstandings about previous iterations of the rules and urge caution about the use of artificial intelligence, say attorneys at Skadden.

  • FTX Exec's Sentencing Shows Pros And Cons Of Cooperation

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    The sentencing of former FTX tech deputy Gary Wang, whose cooperation netted him a rare outcome of no prison time, offers critical takeaways for attorneys and clients navigating the burgeoning world of crypto-related prosecutions, says Andrew Meck at Whiteford.

  • Gardening Makes Me A Better Lawyer

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    Beyond its practical and therapeutic benefits, gardening has bolstered important attributes that also apply to my litigation practice, including persistence, patience, grit and authenticity, says Christopher Viceconte at Gibbons.

  • Equitable Mootness Insights From Greenlit Ch. 11 Plan Appeal

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    A Texas federal court recently allowed a challenge to ConvergeOne's Chapter 11 bankruptcy plan to proceed because it wouldn't disrupt the IT company's confirmed plan or harm creditors, reinforcing the importance of judicial restraint in applying equitable mootness where limited relief is possible, say attorneys at Parkins & Rubio.

  • Litigation Inspiration: Reframing Document Review

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    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.

  • The Challenges Of Abandoned Retirement Plans In Ch. 7

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    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.

  • Circus Arts Make Me A Better Lawyer

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    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.

  • When Investigating An Adversary, Be Wary Of Forged Records

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    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.

  • 3 Ways To Train Junior Lawyers In 30 Minutes Or Less

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    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.

  • The Bar Needs More Clarity On The Discovery Objection Rule

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    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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