Mid Cap
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March 24, 2026
4th Circ. Affirms False Ads Verdict Against Chinese Pool Co.
The Fourth Circuit on Tuesday affirmed a jury verdict finding a Chinese pool parts company liable for falsely advertising its products as made in the USA as part of a larger judgment favoring a North Carolina manufacturer that has since ballooned to over $17 million.
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March 24, 2026
Caribbean Resort Seeks OK For Ch. 11 Global Settlement
A bankrupt resort residence complex on the Caribbean island and British Overseas Territory of Anguilla asked a Delaware judge to approve a settlement with various parties including a family who alleged their child was attacked by a facility employee.
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March 23, 2026
4th Circ. Finds Mortgage Docs Didn't Violate Bankruptcy Stay
The Fourth Circuit has declined to revive a debtor's lawsuit claiming his mortgage servicers violated bankruptcy protections, finding that none of the monthly account statements, payoff statements and tax statements the servicers sent him were related to debt collection.
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March 23, 2026
NY Hotel That Housed Asylum-Seekers Hits Ch. 11
A hotel north of New York City that had agreed to provide long-term shelter for asylum-seekers, and was subsequently sued by a municipality for doing so, has filed for Chapter 11 protection, listing between $1 million and $10 million worth of assets and liabilities.
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March 23, 2026
Ch. 11 Venue Shopping Still A Thorn In LoPucki's Side
Lynn LoPucki, a professor at the University of Florida's Levin College of Law, is back. The long-time bankruptcy gadfly stopped work on his public Bankruptcy Research Database of large corporate Chapter 11s in 2022. In the intervening years, his appearances in the pages of the mainstream business press, where he had regularly denounced forum shopping, waned.
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March 23, 2026
Whiskey Co. Appeals Receiver Win On Ch. 11 Dismissal
Controversy over whiskey company Uncle Nearest Inc.'s Chapter 11 continued Friday, as the debtor's counsel from the case appealed a judge's ruling that dismissed the bankruptcy as filed without legitimate authority.
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March 23, 2026
Bahamian Law Can't Shield Trusts In $28M Tax Suit, DOJ Says
A Floridian facing a $28 million tax bill cannot invoke Bahamian law to avoid repatriating funds held in two Bahamian trusts, the U.S. government told a federal court, contending he is "cherry-picking" which jurisdiction's law applies in different situations.
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March 23, 2026
Multi-Color Stays In NJ; Jackson Walker Can Do Fee Deals
Label maker Multi-Color's Chapter 11 case will stay in New Jersey, Spandex maker Lycra hit Chapter 11 in Texas, and Jackson Walker can pay clients demanding refunds over a relationship between a former firm attorney and a bankruptcy judge. This is the week in bankruptcy.
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March 23, 2026
3rd Circ. Sides With Nuclear Plant Co. In Union Benefits Fight
The Third Circuit on Monday sided with a nuclear power company in a dispute with an electrical workers union over contributions to employee healthcare premiums, holding that the union couldn't force issues out of court because their disagreement was outside the scope of the collective bargaining agreement's arbitration provision.
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March 23, 2026
NC Justices Split On Wage Act Elements In Earth Fare Appeal
North Carolina's highest court has upheld a six-figure unjust enrichment verdict favoring the founder of the organic supermarket chain Earth Fare in a split decision that set off a debate among the justices about what is required to prove a state Wage and Hour Act claim.
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March 23, 2026
Fecal Treatment Co. Files Ch. 11 To Escape Lease, Sell IP
A company that develops treatments to improve the health of the body's microbiome sought Chapter 11 protection, saying it had never generated a positive cash flow and faces unresolved litigation and a burdensome lease.
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March 20, 2026
What's Happening In Bankruptcy Court This Coming Week
A Delaware bankruptcy judge will consider US Magnesium's bid for postpetition financing, Genesis Healthcare will go before a Texas judge seeking the all-clear to institute an executive bonus scheme, and another Texas judge will weigh a move to reopen satellite company Speedcast International Ltd.'s Chapter 11.
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March 20, 2026
Rising Defaults, Withdrawal Requests Test Private Credit
With the hike in private credit defaults last year, the surge in private credit fund withdrawal requests in recent weeks, and the more than 50% drop in shares of some private credit firms like Blue Owl Capital, new questions are being raised about the viability of these funds.
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March 20, 2026
Up Next At High Court: Late Ballots And 'Last-Mile' Drivers
The U.S. Supreme Court will kick off its March oral arguments session by reviewing disputes over the validity of state laws allowing late-arriving mail-in ballots to be counted in federal elections and whether "last-mile" delivery drivers qualify for the transportation worker exemption to the Federal Arbitration Act.
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March 20, 2026
Stoli Trustee Gets OK To Hand Off Some Claims In Ch. 11
A Texas bankruptcy judge on Friday approved requests by the Chapter 11 trustee for liquor maker Stoli Group USA LLC for permission to transfer some estate claims to a different trust, overruling an objection by the U.S. Trustee's Office.
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March 20, 2026
TGI Fridays OK'd To Seek Votes On Post-Sale Liquidation Plan
The bankruptcy estate of casual dining chain TGI Fridays can seek votes on its Chapter 11 liquidation plan, a Texas bankruptcy judge said Friday, setting up a confirmation hearing for May 1.
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March 20, 2026
Echo Payment Systems Files Ch. 7 Bankruptcy In Delaware
Echo Payment Systems Inc. has filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, seeking to liquidate its assets and wind down operations, and the company will not attempt to reorganize but instead pursue an orderly liquidation under court supervision.
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March 20, 2026
5th Circ. Backs Instant Brands Chapter 11 Plan Contract Ruling
The Fifth Circuit has upheld a Texas bankruptcy judge's ruling on Instant Brands' Chapter 11 plan, finding he correctly held the reorganized appliance group could retain indemnification rights from past orders while assigning a manufacturer's supply contract.
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March 20, 2026
MFS Faces FCA Probe After Collapse With £1B Debts
The City watchdog said Friday that it has launched an enforcement investigation into Market Financial Solutions Ltd., a U.K. provider of property loans that collapsed in February with debts of more than £1 billion ($1.3 billion).
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March 20, 2026
Ex-McGlinchey Attys Reflect On 'Special' Culture After Closure
McGlinchey Stafford PLLC shut down earlier this year after more than five decades, but its strong culture left many of the more than 100 former firm attorneys wanting to stick together even after the New Orleans-based firm closed its doors.
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March 19, 2026
Calif. Resort Developer SilverRock Files Ch. 11 Plan
The developer of a California resort project has proposed a new Chapter 11 plan and disclosure statement in Delaware bankruptcy court, seeking permission to solicit votes on a plan that will likely impair most secured creditors.
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March 19, 2026
Oroville Hospital CEO's Resignation Hits Snag In Ch. 11
Oroville Hospital's plan to have its CEO resign and then be rehired as a consultant raised concerns for creditors and a California bankruptcy judge Thursday, as the medical center's Chapter 11 case headed toward an asset sale.
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March 19, 2026
Pallet Biz Tells Mich. Judge To Toss Discovery Bid
Pallet company Palltronics is urging a Michigan federal court to deny a rival firm's request for more discovery in their trade secret dispute, arguing the request is unnecessary, premature and filed in bad faith.
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March 19, 2026
Under The Radar: Bankruptcy News You May Have Missed
A Delaware bankruptcy judge quashed a request to make a consultant hired by Christmas Tree Shops LLC pay liabilities for short-notice layoffs, eye treatment developer Clearside Biomedical asked the same judge to approve a claim settlement and the U.S. Trustee balked at Genesis Healthcare's proposed executive bonuses.
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March 19, 2026
Kanye West Home Investor, Facing Foreclosure, Files Ch. 11
A California luxury real estate investment company has filed for Chapter 11 protection in California with about $155 million in debt a day ahead of a foreclosure sale of its most prominent property, rapper Kanye West's former beach home.
Expert Analysis
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Law School's Missed Lessons: Practicing Self-Care
Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard at MG+M.
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ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'
The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.
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My Opera And Baseball Careers Make Me A Better Lawyer
Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.
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8 Ways Lawyers Can Protect The Rule Of Law In Their Work
Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.
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Despite Dark Clouds, Outlook For US Solar Has Bright Spots
While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.
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Law School's Missed Lessons: Communicating With Clients
Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.
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Adapting To Private Practice: From US Rep. To Boutique Firm
My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.
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Senate's 41% Litigation Finance Tax Would Hurt Legal System
The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.
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Performing As A Clown Makes Me A Better Lawyer
To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.
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Law School's Missed Lessons: Rejecting Biz Dev Myths
Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.
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9th Circ. Has Muddied Waters Of Article III Pleading Standard
District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.
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Competing In Modern Pentathlon Makes Me A Better Lawyer
Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.
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Law School's Missed Lessons: Teaching Yourself Legal Tech
New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.