Mid Cap
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January 13, 2026
Bankruptcy Bill Brings Long-Awaited Ch. 7 Trustee Fee Boost
A bill that passed both chambers of Congress would permanently increase Chapter 7 trustees' fixed per-case fees for the first time since 1994, a much-anticipated and needed change, bankruptcy experts told Law360.
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January 13, 2026
DLA Piper Can't Counsel Hudson Hotel In Ch. 11, Judge Says
A Delaware bankruptcy judge Tuesday rejected a bid by two bankrupt entities tied to the former Hudson Hotel to retain DLA Piper LLP as special counsel in their Chapter 11 case, saying the law firm's work for the entities' lender presented a conflict of interest.
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January 13, 2026
Judge Grants Final Approval To AmeriFirst's Ch. 11 Plan
A Delaware bankruptcy judge on Tuesday granted final approval of mortgage servicer AmeriFirst Financial Inc.'s Chapter 11 plan and disclosure statement, overruling objections from the Office of the U.S. Trustee concerning the payment of administrative and priority claims.
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January 13, 2026
NYC Landlord's Lender Asks Court To Block Cash Use
The mortgage lender to a bankrupt Manhattan loft owner is asking a New York bankruptcy judge to block the debtor from spending its cash collateral, saying the landlord is overpaying employees and diverting funds.
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January 13, 2026
Flaster Greenberg Names 3 Pa. Attys To Board Of Directors
Midsize firm Flaster Greenberg has recently expanded its board of directors with the addition of three attorneys based out of the firm's offices in the Philadelphia region.
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January 13, 2026
Mass. Court Clears Title Insurer In Lender's Foreclosure Loss
A title insurance company's successful effort to dissolve a previously missed $1.6 million attachment on a piece of property was all that was required to absolve it of liability to a second mortgage lender after the primary lender foreclosed, a panel of Massachusetts' intermediate-level appeals court concluded Tuesday.
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January 13, 2026
Catching Up With New Bankruptcy Case Action
Freight company STG Logistics Inc. entered bankruptcy protection in New Jersey with up to $10 billion in liabilities, prison phone company Smart Communications filed for Chapter 11 in Florida in connection with an ownership fight, and D.C.-based chain Compass Coffee hit Chapter 11 amid rent disputes with landlords.
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January 12, 2026
House Passes Bill To Double Ch. 7 Trustee Fee
A bipartisan bill doubling the fixed per-case fees for Chapter 7 trustees is headed to President Donald Trump for a signature, after the U.S. House of Representatives passed it Monday night.
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January 12, 2026
US Magnesium Creditors Say Sale Process Was Rigged
The unsecured creditors committee in the U.S. Magnesium bankruptcy has urged a Delaware bankruptcy judge to not give the company permission to sell its assets to its parent company, accusing the parent of manipulating the transaction to grab the assets while leaving other creditors behind.
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January 12, 2026
Landlord Picks Winning Bidder Despite NYC's Delay Request
A group of debtors affiliated with New York City landlord Pinnacle Group named stalking horse bidder Summit Gold Inc. the winner in an asset auction opposed by the city's new mayor.
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January 12, 2026
Calif. Hospital To Tap Cash To Pay Rent During Ch. 11
Oroville Hospital Monday struck a deal with its landlords to tap into the California hospital's cash for its next two months of lease payments as it works toward a sale in its Chapter 11 case.
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January 12, 2026
Dallas Stars Owner Can't Reopen Ch. 11 Over Arena Fight
The owner of the Dallas Stars hockey franchise lost its bid to reopen the team's 2011 bankruptcy case on Monday when a Delaware judge said a Texas business court is able to deal with an ongoing dispute with the Dallas Mavericks NBA team over tenancy in their shared arena, warning of the risks of inconsistent court judgments otherwise.
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January 12, 2026
Thompson Coburn Adds 4 Attys In Dallas, NY From Gutnicki
Thompson Coburn LLP announced Monday that it has added three partners and an associate from Gutnicki LLP to bolster its financial restructuring and bankruptcy practice as well as its capacity to handle corporate and securities matters.
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January 12, 2026
JPMorgan Displaces Wells Fargo Atop Construction Debt Ranks
Ten U.S. banks held $5 billion or more in construction debt on the books as of the end of 2025's third quarter, with several banks trimming that figure from a quarter earlier and Wells Fargo and JPMorgan Chase swapping spots at the top.
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January 12, 2026
Genesis Picks New Stalking Bidder, J&J Gets Libel Hope
Genesis healthcare named its new stalking horse bidder in a rerun of its asset auction, a New Jersey federal judge signaled an intent to restart Johnson & Johnson's libel claim against the author of an article linking talc to mesothelioma and solar energy developer Pine Gate Renewables snagged approval of a $285 million sale of certain assets.
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January 12, 2026
Justices Won't Hear Claims Highland Ch. 11 Judge Is Biased
The U.S. Supreme Court on Monday declined to hear arguments from the founder of hedge fund Highland Capital Management that the judge who presided over Highland's bankruptcy case was biased, and that two novels she has published prove it.
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January 09, 2026
Buffalo Diocese Says It Needs Opt-Out Ch. 11 Releases
The Roman Catholic Diocese of Buffalo on Friday told a New York bankruptcy judge that a U.S. Trustee's Office proposal that it be required to obtain affirmative consent for claims releases in its Chapter 11 plan would doom more than $200 million in settlements.
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January 09, 2026
Prison Phone Co. Hits Ch. 11 After Judgment In Trust Feud
Smart Communications, which provides phone and messaging services for inmates in prisons across the country, has filed for Chapter 11 protection in Florida bankruptcy court facing an at least $42 million judgment tied to a dispute with a family trust over ownership of the company.
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January 09, 2026
RV Fridge Maker Norcold Defends Ch. 11 Plan Disclosures
Norcold LLC told a Delaware bankruptcy court that its disclosure statement should be approved, saying it is truthful and transparent about creditor recoveries.
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January 09, 2026
Biz Owner's RICO Suit Says 5 Calif. Attys Helped Loot IT Co.
A business owner has filed a lawsuit accusing five attorneys from five different small California law firms of conspiring with his ex-business partner to steal assets from a company the two had jointly owned.
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January 09, 2026
What's Happening In Bankruptcy Court This Coming Week
Stoli will provide an update on its Chapter 11 reorganization more than three months after a Texas bankruptcy judge rejected its proposed plan. Education tech firm Conscious is seeking approval of its disclosure statement and Chapter 11 plan. Solar developer Pine Gate is seeking court approval to sell certain assets, while e-commerce retailer Food52 is asking the court to approve its bid procedures.
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January 09, 2026
Hotel Debtors Defend Special Counsel Bid For DLA Piper
Debtors connected to the former Hudson Hotel in New York City urged the Delaware bankruptcy court to grant their request to retain DLA Piper as their special counsel for their Chapter 11 case despite objections from other parties.
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January 08, 2026
PrimaLend, CEO Hit With Bankruptcy Suit Over Loan Deals
Prime Asset LLC, a lender to car dealerships, has sued PrimaLend Capital Partners and its CEO in Texas bankruptcy court, alleging that PrimaLend pushed it into deals that saddled Prime with excessive debt as part of a "scheme to fraudulently inflate their own financial profitability."
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January 08, 2026
Under The Radar: Bankruptcy News You May Have Missed
Firstbase.io and a creditor fought over a law firm's bid for $1.6 million in fees, a New York judge gave a debtor access to a $500,000 postpetition financing package from an insider lender, and another approved a settlement between Bernie Madoff's trustee and Koch Industries.
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January 08, 2026
Conn. Steel Firm's Counsel Shuffle Averts Ch. 11 Meltdown
A Connecticut bankruptcy judge Thursday allowed a steel company to replace its counsel at Pullman & Comley LLC after failing to pay the firm more than $389,000 in fees and expenses, avoiding a possible dismissal of the Chapter 11 case.
Expert Analysis
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Striking A Balance Between AI Use And Attorney Well-Being
As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.
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Being An Artist Makes Me A Better Lawyer
My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.
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Bankruptcy Decision Exemplifies Venue Issue For Franchisees
A California bankruptcy court's decision earlier this month in Pinnacle Foods and a lingering circuit split on assumption of executory franchise contracts highlights the issue of whether franchisee debtors can qualify for case venue in friendlier circuits, says David Gamble at Parkins Rubio.
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Lawyers With Disabilities Are Seeking Equity, Not Pity
Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.
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Judicial Committee Best Venue For Litigation Funding Rules
The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.
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The Strategic Advantages Of Appointing A Law Firm CEO
The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.
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What Being An 'Insider' Means In Ch. 11, And Why It Matters
As borrowers grapple with approaching near-term maturities on corporate debt, lenders should be proactive in mitigating the risks of being classified as an insider in potential bankruptcies, including heightened scrutiny, preference risk, plan voting and more, say David Hillman and Steve Ma at Proskauer.
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How Cos. Can Build A Strong In-House Pro Bono Program
During this year’s pro bono celebration week, companies should consider some key pointers to grow and maintain a vibrant in-house program for attorneys to provide free legal services for the public good, says Mary Benton at Alston & Bird.
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Navigating The Bankruptcy Terrain After Purdue Pharma
The U.S. Supreme Court’s June ruling in Harrington v. Purdue Pharma is having a significant impact on bankruptcies, with recent cases addressing nonconsensual third-party releases and opt-out mechanisms, and highlighting strategies practitioners can employ to avoid running afoul of the decision, say Brett Axelrod and Agostino Zammiello at Fox Rothschild.
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Use The Right Kind Of Feedback To Help Gen Z Attorneys
Generation Z associates bring unique perspectives and expectations to the workplace, so it’s imperative that supervising attorneys adapt their feedback approach in order to help young lawyers learn and grow — which is good for law firms, too, says Rachael Bosch at Fringe Professional Development.
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How 9th Circ. Ruling Expands Bankruptcy Trustees' Powers
The Ninth Circuit recently held in The Lovering Tubbs Trust v. Hoffman that a trustee can avoid intentionally fraudulent transfers, even if no creditor suffered harm as a result, materially strengthening bankruptcy trustees' powers, say Robert Klyman and Rod Kazempour at DLA Piper.
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State Of The States' AI Legal Ethics Landscape
Over the past year, several state bar associations, as well as the American Bar Association, have released guidance on the ethical use of artificial intelligence in legal practice, all of which share overarching themes and some nuanced differences, say Eric Pacifici and Kevin Henderson at SMB Law Group.
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8 Childhood Lessons That Can Help You Be A Better Attorney
A new school year is underway, marking a fitting time for attorneys to reflect on some fundamental life lessons from early childhood that offer a framework for problems that no legal textbook can solve, say Chris Gismondi and Chris Campbell at DLA Piper.