Mid Cap

  • March 05, 2026

    Fla. Judge Conditionally OKs Cosmetic Co.'s Ch. 11 Plan

    A bankruptcy judge in Florida conditionally approved on Thursday a cosmetic company's Chapter 11 plan, granting a proposed reorganization that involves a lender taking over the company in a debt-to-equity transaction. 

  • March 05, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Asbestos claimants asked the Fourth Circuit to rethink protecting a bankruptcy stay even though the debtor isn't insolvent. Creditors objected to final Chapter 11 financing approval for Inspired Healthcare Capital. And a New York appellate court rejected a bid to reargue document releases in insurance litigation related to a Catholic parish's bankruptcy.

  • March 05, 2026

    Document, Translation Issues Threaten $115M Ch. 7 Cases

    The Chapter 7 trustee overseeing the California bankruptcies of a family of Chinese citizens, whose creditors alleged they are facing roughly $115 million in overseas judgments, gave the debtors another month Thursday to produce necessary records in English, with the creditors saying they're likely to seek dismissal if the papers are not filed soon.

  • March 05, 2026

    Meet The Trustee Overseeing Bourbon Co.'s Ch. 11

    Novo Advisors principal Claudia Springer, a bankruptcy professional with more than 40 years of experience, has been appointed as the trustee to oversee the Chapter 11 estate of bourbon brand Kentucky Owl.

  • March 05, 2026

    Feds Can't Repatriate Trusts In $28M Tax Suit, Court Told

    The U.S. government cannot force a Floridian facing a $28 million tax bill to repatriate assets from his trusts because they're governed by Bahamian law and thus the trustee, a Bahamian trust provider, has sole discretion over making distributions, the provider told a federal court.

  • March 05, 2026

    Jilted Citgo Buyer Takes Aim At Special Master's Fee Bid

    Jilted Citgo bidder Gold Reserve Ltd. continues to urge a Delaware federal court to reject a special master's bid for another $15.3 million in fees, saying he hasn't shown he is complying with a court order aimed at reducing his expenses.

  • March 05, 2026

    Foam Roller Seller Told To Pay $1.7M After Patent Case Default

    A company that sells foam rollers primarily on Amazon has been ordered to pay $1.1 million in trebled damages and $650,000 in attorney fees to a company it sued seeking a declaration that it could continue selling, after it defaulted in the case and its owner declared bankruptcy.

  • March 05, 2026

    Natural Gas Co. Axip Cleared To Host April Ch. 11 Auction

    Natural gas compressor group Axip can hold an April auction for its assets, backed by a competitor's $161 million stalking horse bid after a Texas bankruptcy judge approved its Chapter 11 sale procedures Thursday.

  • March 05, 2026

    Nicklaus' Co. Picks Firm Tied To Golf Pro's Son As Top Bidder

    Nicklaus Cos., the bankrupt sporting gear and golf course design company founded by Jack Nicklaus, has picked a $35.7 million offer from a family office tied to the golf legend's son as the winning bid in an auction for the debtor's intellectual property and other assets.

  • March 04, 2026

    PE Firm Norada Faces Investor Suits Over $92M Ponzi Scheme

    Groups of investors from multiple states have filed a series of lawsuits against Norada Capital Management LLC in Wyoming federal court, alleging the private equity fund defrauded them out of millions of dollars as part of a Ponzi scheme that the firm's managing member pled guilty to.

  • March 04, 2026

    Fashion Tech Biz CEO Pleads Guilty To $300M Investor Fraud

    The founder of bankrupt apparel technology company CaaStle Inc. pled guilty Wednesday to one count of securities fraud in connection with a scheme to defraud hundreds of investors out of $300 million by using sham documents to falsely promote a "rapidly growing business" supposedly worth $1.4 billion.

  • March 04, 2026

    Data No Longer An Afterthought In Real Estate

    Data is an increasingly important component of the real estate business, informing operations and helping to shape expansion strategy and acquisitions. Its custodianship, legal structure, licensing agreements and the contracts governing data performance and use are all important points that attorneys who specialize in technology transactions negotiate.

  • March 04, 2026

    NC Jewelry Maker Hits Ch. 11 With $10.5M Debt

    Lab-grown gemstone jewelry maker Charles & Colvard Ltd. has filed for Chapter 11 bankruptcy protection in North Carolina, declaring $19.2M in assets and $10.5M in liabilities.

  • March 04, 2026

    Judge Pushes Back Mining Co.'s Ch. 11 Sale By A Month

    A New York bankruptcy judge Wednesday told mining company Vanderbilt Minerals it will have to delay its Chapter 11 sale timeline by a month to give creditors a chance to look at a proposed deal with corporate insiders linked to the transaction.

  • March 04, 2026

    Hawthorne Inks Emergency Deal Amid Ch. 11 Funding Dispute

    A Chicago-area horse track on Wednesday reached an agreement with its lenders on emergency Chapter 11 financing until the parties return to court next week to consider interim approval of Hawthorne Race Course Inc.'s bankruptcy financing.

  • March 04, 2026

    Nine Energy Gets OK On Ch. 11 Plan To Cut $320M Debt

    A Texas bankruptcy judge on Wednesday signed off on oil services company Nine Energy's Chapter 11 plan, allowing the debtor to trim $320 million in debt and emerge from bankruptcy just over a month after launching its case.

  • March 04, 2026

    Meet The Team Taking The Reins Of Hawthorne's Ch. 11

    A team of Saul Ewing LLP attorneys is guiding Hawthorne Race Course Inc. through Chapter 11 in Illinois as it seeks a buyer for the Chicago-area track.

  • March 04, 2026

    NY Nursing Home Ch. 11 Atty Pick Draws Creditor Objection

    The official committee of unsecured creditors in the Chapter 11 case of Long Island, New York, nursing home operator Cold Spring Acquisition objected late Tuesday to the debtor's motion to retain special litigation counsel, saying a case resolution is in the works and the law firm choice would bind creditors.

  • March 03, 2026

    Hawthorne's Ch. 11 Financing Hits Snag Over Lender Dispute

    A Chicago-area racecourse will return Wednesday to Illinois bankruptcy court as it continues to wrangle with its senior lender over the terms of its Chapter 11 financing.

  • March 03, 2026

    9th Circ. Says Ch. 11 Authority Doesn't Impact Jurisdiction

    A panel of the Ninth Circuit Court of Appeals ruled Tuesday that disputed corporate authority to file a Chapter 11 petition doesn't affect a bankruptcy court's subject matter jurisdiction over the case, resolving part of a yearslong dispute over the bankruptcy of a family-owned real estate holding company.

  • March 03, 2026

    Crystallex $15M Fee Request Justified, Special Master Says

    A lawyer for the special master overseeing the auction of Citgo to satisfy billions of dollars' worth of Venezuelan debt has defended his request for more than $15.3 million in fees on top of nearly $63 million already paid, saying the request follows an "extraordinarily complex" sale process.

  • March 03, 2026

    Former Iowa Biz President Convicted Of Bankruptcy Crimes

    The former president of a defunct Iowa telecommunications and infrastructure business has been convicted by a jury of concealing assets and making false statements in his personal bankruptcy proceeding, federal prosecutors announced Tuesday.

  • March 03, 2026

    Oil Field Co. Nine Energy Gets OK On $125M In Financing

    Oil field service provider Nine Energy has gotten a Texas bankruptcy judge's final approval to borrow $125 million in Chapter 11 financing, just days before the debtor is set to ask for confirmation of a bankruptcy plan that would swap debt for equity.

  • March 03, 2026

    Opt-Out Releases Nixed For Buffalo Diocese's Ch. 11 Ballots

    The Roman Catholic Diocese of Buffalo must redesign ballots for its Chapter 11 plan after a New York bankruptcy judge held opt-out boxes could not be used to tally creditor consent to third party releases.

  • March 03, 2026

    Prime Core Trust Sues For Over $13M In Pre-Ch. 11 Transfers

    The litigation trust for cryptocurrency custodian Prime Core Technologies Inc. leveled a lawsuit against the operator of a crypto transaction platform the trust says extracted nearly $13 million in fiat currency as well as crypto transfers the estate should now reclaim.

Expert Analysis

  • Law School's Missed Lessons: Preparing For Corporate Work

    Author Photo

    Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.

  • A Cold War-Era History Lesson On Due Process

    Author Photo

    The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.

  • Improv Makes Me A Better Lawyer

    Author Photo

    Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup.

  • How BigLaw Executive Orders May Affect Smaller Firms

    Author Photo

    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

  • Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

    Author Photo

    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • How To Accelerate Your Post-Attorney Career Transition

    Author Photo

    Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.

  • Law School's Missed Lessons: Be An Indispensable Associate

    Author Photo

    While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.

  • 23andMe Case Highlights Privacy Complexities In Ch. 11

    Author Photo

    Attorneys at Pryor Cashman discuss the interplay between a sale of personally identifiable information and bankruptcy law in light of genetics and health company 23andMe's recent filing for Chapter 11 relief.

  • Birding Makes Me A Better Lawyer

    Author Photo

    Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.

  • Adapting To Private Practice: From DOJ Leadership To BigLaw

    Author Photo

    The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.

  • Law Firm Executive Orders Create A Legal Ethics Minefield

    Author Photo

    Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.

  • Firms Must Embrace Alternative Billing Models Or Fall Behind

    Author Photo

    As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.

  • How Attorneys Can Master The Art Of On-Camera Presence

    Author Photo

    As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.

Can't find the article you're looking for? Click here to search the Bankruptcy Authority Mid Cap archive.