Mid Cap
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February 05, 2026
Buffalo Diocese Abuse Settlement Rises To $315M In Ch. 11
The Roman Catholic Diocese of Buffalo is making progress in settling roughly 900 claims of child sexual abuse, with the financial settlement approaching $315 million, counsel for the unsecured creditors committee in the diocese's Chapter 11 case announced Thursday.
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February 05, 2026
Chubb 'Secret' Abuse Website Risks Industry Trust, Attys Say
An accusation by the Archdiocese of New York that Chubb waged a "shadow campaign" against the church while also defending a slew of sex abuse suits against the church has the potential to disrupt trust in the insurance market.
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February 05, 2026
Ex-Alex Jones Atty Asks Conn. Justices To Nix Suspension
A Connecticut attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case has asked the state's highest court to consider whether it was proper for a judge to suspend his law license for violating a protective order governing Sandy Hook families' personal information.
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February 05, 2026
Home Goods Biz Food52 Gets 5-Member Creditor Committee
The Office of the U.S. Trustee has seated five trade creditors on home goods e-commerce brand Food52's unsecured creditors' committee, down from a seven-member committee formed last month in the Delaware Chapter 11.
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February 05, 2026
Under The Radar: Bankruptcy News You May Have Missed
A judge converted Dormify's Chapter 11 case to a Chapter 7, a Canadian clothier's foreign representative asked to close the U.S. portion of its insolvency proceedings, and the liquidation trustee for Bernie Madoff's estate lost an effort to add $7 million more in claims to a clawback case.
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February 05, 2026
Fulcrum Bionergy Reaches Deal On Abengoa Claims In Ch. 11
The liquidation trust for Fulcrum Bioenergy proposed a settlement with Spanish energy company Abengoa SA in Delaware bankruptcy court that would resolve years of disputes between the parties over contract performance, with amounts of about $400 million in dispute.
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February 05, 2026
Stoli To Get Ch. 11 Trustees, Resolving Conversion Bid
Chapter 11 trustees will take over liquor brand Stoli and an affiliate under a cash collateral deal approved by a Texas bankruptcy judge Thursday that also diffuses Chapter 7 liquidation conversion motions.
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February 05, 2026
Kaufman Dolowich Picks Up 7 McGlinchey Stafford Attys
A group of seven former McGlinchey Stafford PLLC attorneys with a mix of practices have found a new home in Kaufman Dolowich LLP.
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February 05, 2026
Defunct Gov't Contractor Found In Contempt Of Asset Freeze
The U.S. Bankruptcy Court for the District of Delaware has held the owners and affiliates of a defunct government contractor in contempt for violating a court-ordered asset freeze, concluding that they improperly sold a Missouri property that had been expressly barred from transfer while a $14 million clawback suit proceeds.
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February 05, 2026
Ice Miller Arrives In Del. With Potter Anderson Bankruptcy Ace
Ice Miller LLP has opened an office in Delaware by bringing on an experienced bankruptcy attorney from Potter Anderson & Corroon LLP, which the firm's chief managing partner said is a strategic move to give the national firm a footprint in another key legal market.
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February 05, 2026
Retailer Francesca's Hits Ch. 11 To Support Wind-Down
Francesca's, a women's clothing boutique, filed for Chapter 11 bankruptcy relief Thursday in New Jersey to support an orderly store closing and wind-down of its business.
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February 04, 2026
American Signature Furniture Gets Ch. 11 Sale OK In Del.
The bankrupt American Signature Furniture secured approval late Wednesday to move forward with a nearly $159 million sale to its top creditors — interests of the Schottenstein family of companies — after they emerged as the sole bidders in the company's Chapter 11 sale in Delaware.
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February 04, 2026
Bankruptcy Improvement Act Sent To President For Approval
The Bankruptcy Administration Improvement Act of 2025 that sailed through Congress last month has made it to the desk of President Donald Trump and is awaiting his signature.
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February 04, 2026
Insurer Objects To $8M Claim Deal In Albany Diocese Ch. 11
Lloyd's Of London and other insurers objected Tuesday to a motion from the bankrupt Roman Catholic Diocese of Albany, New York, seeking to allow an $8 million judgment in favor of an individual abuse claimant, saying the proposal runs afoul of an earlier order of the bankruptcy court prohibiting such judgments.
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February 04, 2026
Creditors Say Nursing Home Out Of Time To File Ch. 11 Plan
Unsecured creditors of the owner of a Long Island nursing home have asked a New York bankruptcy judge to deny the debtor any more extra time during which it has the exclusive right to file a liquidation plan, saying its proposed plan is unconfirmable.
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February 04, 2026
Norcold's Ch. 11 Insider Sale Gets Court Nod
A Delaware bankruptcy judge Wednesday approved the sale of recreational-vehicle fridge distributor Norcold LLC's assets to an insider, finding the sale of litigation claims did not amount to releases for the insiders.
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February 04, 2026
Meet The Attorneys Helping Nine Energy In Its Ch. 11
Oilfield service provider Nine Energy Services has tapped attorneys from Kane Russell Coleman Logan PC and Kirkland & Ellis LLP to lead it through the Chapter 11 case it began in order to address nearly $400 million in debt.
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February 03, 2026
Sealed Letter Halts Sentencing Of 50 Cent's Ex-Associate
The sentencing of a former executive at rapper Curtis "50 Cent" Jackson's liquor brand came to an 11th-hour halt Tuesday following the prosecution's letter suggesting he violated his agreement in which he pled guilty to fraud.
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February 03, 2026
Coverage Barred For Mortgage Fee Dispute, 2nd Circ. Says
Insurers for a bankrupt financial services company are not obligated to cover settlement payments and defense costs stemming from a pair of mortgage fee class actions, the Second Circuit affirmed Tuesday, finding the claims fall squarely within an exclusion for fee-related losses.
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February 03, 2026
Nine Energy Gets OK For DIP, March 4 Plan Hearing
A Texas bankruptcy judge Tuesday gave oilfield service provider Nine Energy Services interim approval to tap into $56 million in Chapter 11 financing and set an early March hearing for the company's prepackaged equity-swap reorganization plan.
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February 03, 2026
Google Erroneously Removed Biz Profile, Colo. Law Firm Says
Google's artificial intelligence summary erroneously referred to a nonexistent false review of a Denver bankruptcy law firm before Google removed the firm's business profile without explanation, the firm told a Colorado state court.
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February 03, 2026
Carbon Health Taps $9M Of Ch. 11 Loans In Dual-Track Case
Bankrupt urgent care facility operator Carbon Health Technologies Inc. received approval on Tuesday in Texas to access $9 million in Chapter 11 lending to fund its case as it pursues a dual-track process to swap debt for equity while also marketing its assets for sale.
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February 03, 2026
Lippes Mathias Adds Fla. Partners From Greenspoon Marder
Lippes Mathias LLP has brought on two partners from Greenspoon Marder LLP and an associate from Akerman LLP to bolster its West Palm Beach, Florida, office.
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February 03, 2026
McGlinchey Stafford Finance Trio Joins Husch Blackwell
Days after McGlinchey Stafford PLLC's official end of operations, a trio of the firm's consumer financial services attorneys including the former Houston office managing member have found a new home with Husch Blackwell LLP, according to a Tuesday announcement.
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February 03, 2026
Walter Haverfield Completes Merger With Bernstein-Burkley
Pittsburgh-based regional firm Bernstein-Burkley PC has expanded its resources and grown its Ohio footprint through a merger with Cleveland firm Walter Haverfield.
Expert Analysis
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AI Will Soon Transform The E-Discovery Industrial Complex
Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.
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When Innovation Overwhelms The Rule Of Law
In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.
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Adventure Photography Makes Me A Better Lawyer
Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.
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How Ch. 11 Can Alleviate Merchant Cash Advance Concerns
Merchant cash advance funding is one of the biggest challenges for small businesses today because funders are so prevalent, aggressive and expensive, but bankruptcy can provide several tools for dealing with MCA agreements that may allow the debtor business to restructure and survive, says Patricia Fugée at FisherBroyles.
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.
A Delaware bankruptcy court’s recent decision, examining trucking company Yellow Corp.’s abrupt termination of roughly 25,500 employees, offers financially distressed businesses a road map for navigating layoffs under the Worker Adjustment and Retraining Notification Act, say attorneys at King & Spalding.
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Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
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Coaching Little League Makes Me A Better Lawyer
While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.
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5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.
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Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.
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Playing Rugby Makes Me A Better Lawyer
My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.
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No, Litigation Funders Are Not 'Fleeing' The District Of Del.
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.
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5 E-Discovery Predictions For 2025 And Beyond
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.