Large Cap

  • May 27, 2026

    Plastics Co. Trinseo Clears Initial Ch. 11 Prepack Hurdles

    Bankrupt plastics company Trinseo PLC received approval Wednesday from a Texas bankruptcy judge to access $427.5 million in Chapter 11 financing as it pursues its prepackaged restructuring proposal, but a dispute with a subset of its lenders arose during the proceedings.

  • May 27, 2026

    Genesis Says JV Partner Can't Block Ch. 11 Sale

    Bankrupt nursing home operator Genesis Healthcare Inc. on Wednesday defended its $1 billion planned asset sale from a joint venture partner's objection, contending it could not assert its right of first refusal for bids on one facility to halt the transaction.

  • May 27, 2026

    Spirit OK'd For $275M DIP To Simplify 20-Plane Sale In Ch. 11

    Spirit Airlines received approval Wednesday for $275 million in Chapter 11 financing that aims to simplify the previously approved sale of 20 aircraft to a stalking horse buyer as it seeks to preserve assets during its wind-down.

  • May 27, 2026

    Stock Trade Co. Wants Out Of Mallinckrodt Clawback Suit

    A high-frequency stock trading firm is asking a Delaware bankruptcy judge to make it the latest defendant dismissed from a bid by Mallinckrodt PLC to recover $1.6 billion paid for stock buybacks before the opioid distributor's bankruptcy.

  • May 27, 2026

    Spirit's Demise Underscores The Perils Of Airline Ch. 11s

    With its sudden shutdown earlier this month, Spirit Airlines joined the likes of Pan Am, TWA and Eastern Airlines that have failed to restructure in Chapter 11, a process experts say is notoriously difficult for an industry with expensive assets, complex financing arrangements and a maze of complicated federal regulations.

  • May 27, 2026

    Goldstein & McClintock Adds 4 Attys, Opens West Palm Shop

    Goldstein & McClintock LLLP, a boutique restructuring, finance and corporate law firm has expanded with a new West Palm Beach, Florida, office as well as a series of additions.

  • May 27, 2026

    Catching Up With New Bankruptcy Case Action

    Plastic producer Trinseo filed for Chapter 11 protection, as did oilfield and trucking services company Warrior Technologies and the developer of a 120-unit apartment complex in New Jersey.

  • May 26, 2026

    First Brands' Plan Disclosures Denied Over Creditor Rights

    A Texas bankruptcy judge denied conditional approval of the Chapter 11 plan disclosure statement of car parts maker First Brands Group on Tuesday because the complicated plan proposal would not provide all creditors with their required procedural rights to review and vote on the plan.

  • May 26, 2026

    Oakland Diocese Claimants Look To Toss Insider Plan Votes

    Unsecured creditors of the Roman Catholic Diocese of Oakland are urging a bankruptcy judge to disallow certain votes on the diocese's proposed Chapter 11 plan, saying they were cast in the wrong class by insiders like the diocese's parish churches and its bishop.

  • May 26, 2026

    Retail Data Co. Wiser Can Tap Another $2M In Ch. 11 Funds

    A Texas bankruptcy judge Tuesday signed off on retail data firm Wiser Solutions' request to borrow more than $2 million in additional Chapter 11 financing ahead of a final hearing on the debtor's funding package next week.

  • May 26, 2026

    Del Monte, STG, SilverRock Score Bankruptcy Plan Approvals

    Del Monte Foods, shipper STG and resort developer SilverRock Development won approval for their bankruptcy plans, while bitcoin ATM operator Bitcoin Depot and oilfield services provider Warrior Technologies entered Chapter 11. This is the week in bankruptcy.

  • May 26, 2026

    Fenwick Reaches $54M Deal To Exit FTX Litigation

    Fenwick & West LLP will pay $54 million to resolve claims from spurned FTX Trading Ltd. investors, according to a new set of settlements that will also end investors' disputes with the collapsed cryptocurrency exchange's former auditor and a former NBA star who promoted the platform.

  • May 26, 2026

    Beasley Allen Fails To Overturn J&J Talc Disqualification

    A New Jersey federal judge affirmed the Beasley Allen Law Firm's disqualification from multidistrict litigation over Johnson & Johnson's talcum powder on Tuesday, determining that the firm has failed to provide a valid reason to back its attempt at a stay and temporary reinstatement into the matter.

  • May 26, 2026

    Meet The Attys Helming Boat Parts Co. West Marine's Ch. 11

    Aftermarket boat equipment retailer West Marine has hired attorneys from Young Conaway Stargatt & Taylor LLP and Kirkland & Ellis LLP to guide it in the wake of entering Chapter 11 to address nearly $550 million in debt.

  • May 26, 2026

    Plastics Co. Trinseo Hits Ch. 11 To Trim $2B In Debt

    Plastic manufacturer Trinseo on Tuesday filed for Chapter 11 protection in Texas, touting a prearranged plan to wipe $2 billion of its $2.9 billion secured debt.

  • May 22, 2026

    Law360 Reveals Titans Of The Plaintiffs Bar

    This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026.

  • May 22, 2026

    Attys Hijacked 1,000 Storm Cases In 'Shakedown,' Suit Says

    Two Louisiana law firms and a group of politically connected attorneys engaged in a "shakedown" to steal about 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, alleged a RICO suit filed Thursday in Houston federal court.

  • May 22, 2026

    Prince Global Director Asks Court To Deny Ch. 15 Recognition

    The director of Prince Global Holdings, the company at the center of an alleged fraud and human trafficking ring, has asked a New York bankruptcy judge not to recognize its British Virgin Islands liquidation proceedings, saying they do not constitute a true bankruptcy proceeding.

  • May 22, 2026

    Trustee Can Depose Jailed Tycoon Guo Before Ch. 11 Trials

    A Connecticut bankruptcy judge has allowed a Chapter 11 trustee to depose convicted and incarcerated securities fraudster Miles Guo ahead of several upcoming adversary proceeding trials in the Chinese exile's bankruptcy case.

  • May 22, 2026

    What's Happening In Bankruptcy Court This Coming Week

    First Brands will seek approval of its plan disclosure statement, Spirit Airlines will make a bid for postpetition financing, Bestar Inc. will seek recognition of its foreign insolvency as its primary bankruptcy proceeding, and Carbon Health will take its plan before a Texas judge for confirmation.

  • May 22, 2026

    Ch. 15 Cases Rise As Non-US Cos. Go Bankrupt At Home

    The U.S. has seen a spike in filings for Chapter 15 recognition of international restructuring proceedings in the first quarter of 2026, an increase that attorneys say reflects a growing number of companies keeping their main bankruptcy proceedings in their home countries.

  • May 21, 2026

    DC Circ. Seeks Trump Admin Input On $5B Award Case

    The D.C. Circuit on Thursday sought the views of the Trump administration on a crucial component of Russia's sovereign immunity defense as the appeals court weighs jurisdiction in litigation to enforce a nearly $5 billion arbitral award against the Kremlin, which was issued to Yukos Oil Co.'s financing arm.

  • May 21, 2026

    The Storm That Sank Boat Parts Co. West Marine Into Ch. 11

    Over the past half-decade, aftermarket boat equipment retailer West Marine overinvested in inventory and was buffeted by changing consumer demand, the COVID-19 pandemic, poor weather conditions and underperforming stores, eventually running aground in Chapter 11 on May 17.

  • May 21, 2026

    Wind Blade Maker TPI Gets OK For Affiliates' Chapter 11 Plan

    A Texas bankruptcy judge Thursday approved the Chapter 11 plan of two affiliates of TPI Composites, allowing an equity sale of the entities and incorporating a settlement between the wind blade manufacturer's secured lender and creditors committee.

  • May 21, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    An Alabama hospital and Blue Cross Blue Shield crossed swords over whether the insurer's reimbursement rates were preventing the hospital's emergence from bankruptcy, a locomotive supplier can take $2 million in postpetition financing, and a ProPhase creditor urged a judge to place the debtor into Chapter 7 liquidation.

Expert Analysis

  • Consultants Should Be Aware Of DOJ's Potential New Reach

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    The U.S. Department of Justice's recent first-of-its-kind settlement with McKinsey & Co. indicates not only the DOJ's more aggressive stance toward businesses' potential criminal wrongdoings, but also the benefits of self-disclosure and cooperation when wrongdoing becomes apparent, says Dom Caamano at Kibler Fowler.

  • Playing Esports Makes Me A Better Lawyer

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    Competing in a global esports tournament at Wimbledon last year not only fulfilled my childhood dream, but also sharpened skills that are essential to my day job, including strategic thinking, confidence and networking, says AJ Schuyler at Jackson Lewis.

  • An Associate's Guide To Career Development In 2025

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    As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.

  • Making The Pitch To Grow Your Company's Legal Team

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    In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.

  • Justices May Find Gov't Can Keep Fraudulent Transfer Benefit

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    Based on the justices' questions at the recently argued U.S. v. Miller, the Supreme Court appears prepared to hold that the U.S. — unlike any other creditor — is permitted to retain the benefits of a fraudulent transfer to the detriment of other bankruptcy creditors, says Kevin Morse at Clark Hill.

  • When US Privilege Law Applies To Docs Made Outside The US

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    As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in mind, say attorneys at Hunton.

  • What 2024 Trends In Marketing, Comms Hiring Mean For 2025

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    The state of hiring in legal industry marketing, business development and communications over the past 12 months was marked by a number of trends — from changes in the C-suite to lateral move challenges — providing clues for what’s to come in the year ahead, says Ben Curle at Ambition.

  • How The Onion Could Still Buy InfoWars

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    While a Texas bankruptcy judge nixed the sale of InfoWars to The Onion on Tuesday, a slight tweak to the novel mechanism proposed could make the sale approvable, says Christopher Hampson at the University of Florida.

  • 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.

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