Mid Cap
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September 19, 2025
Eletson Says 'Fictitious' Entity Can't Bring Appeal
Shipping company Eletson Holdings Inc. told a New York federal court that an appeal regarding its access to emails must be shut down, because the entity that initiated the appeal doesn't exist.
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September 19, 2025
What's Happening In Bankruptcy Court This Coming Week
Desktop Metal, Ligado Networks and Bar Louie are seeking authorization of their Chapter 11 plans; Party City will ask for permission to use cash collateral in its bankruptcy case; and bowling chain Pinstripes will request approval of bidding procedures for an asset sale. These are some of the noteworthy hearings scheduled for next week.
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September 19, 2025
MMA Law Inks Deals With Firms, Insurance Group
A Texas bankruptcy judge has signed off on a series of settlements worth $2.6 million to resolve claims brought by bankrupt MMA Law that other law firms and parties were holding back money it was owed for representing Louisiana hurricane victims.
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September 19, 2025
Polsinelli Adds ArentFox Schiff Bankruptcy Pro In NY
Polsinelli PC has expanded its bankruptcy team in New York with the addition of an attorney from ArentFox Schiff LLP.
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September 19, 2025
Tile Supplier Mosaic Reaches Deal With Creditors For Ch. 11
Insolvent luxury tile supplier Mosaic Cos. has informed the Delaware bankruptcy court that the debtor reached a settlement with its creditors committee and a secured lender that secures their support of a Chapter 11 liquidation plan.
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September 19, 2025
US Trustee Wants Celeb Plastic Surgeon's Ch. 11 Tossed
The U.S. Trustee's Office is asking a New York bankruptcy court to dismiss two cases connected to celebrity plastic surgeon Michael E. Jones, arguing the debtors have yet to file several required documents.
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September 19, 2025
Meet The Attys In US Magnesium's Ch. 11
US Magnesium LLC, once North America's largest producer of primary magnesium, has hired attorneys from Gellert Seitz Busenkell & Brown LLC to see it through a Chapter 11 case aimed at completing an asset sale.
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September 18, 2025
Postmerger Challenges Led Monster.com To File For Ch.11
Uncertain macroeconomic conditions, a slowdown in corporate hiring, and intensified competition following the 2024 merger of Monster and CareerBuilder pushed the company behind Monster.com to file for Chapter 11 bankruptcy protection.
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September 18, 2025
Maverick Gaming Bidder Cries Foul Over Ch. 11 Sale Process
A party planning to make a bid for the assets of bankrupt casino operator Maverick Gaming has objected to the debtor's bidding procedures, saying it has not provided necessary due diligence material to the prospective bidder in a move that could reduce the value obtained for the assets.
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September 18, 2025
Medical Staffing Co. Trustee Says Ex-Execs Drained Funds
The liquidation trustee for bankrupt medical staffing company American Physician Partners has told a Delaware bankruptcy judge that former top executives drained the company with millions in unauthorized bonus payments and "made-up" consultation fees.
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September 18, 2025
Office Snapshot: Morris James Enters New Era With HQ Move
Delaware firm Morris James LLP on Thursday celebrated its move to a new headquarters in a 12-story building in north Wilmington, a relocation that firm leaders said is aimed at best meeting attorney and client needs and practicing law in a modernized setting.
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September 18, 2025
Insurance Litigation Week In Review
A Delaware state court found that Frontier Communications was entitled to a defense against copyright infringement claims, a split Ninth Circuit panel backed certification denial for a proposed class of Progressive policyholders, and the Second Circuit heard arguments in a firearms retailer's bid for coverage of ghost gun suits. Here, Law360 takes a look at the past week's top insurance news.
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September 18, 2025
Defunct Discount Store Reaches Ch. 11 Deal With Ex-Workers
The Chapter 11 plan administrator for shuttered discount retailer Stage Stores has asked a Texas bankruptcy court to approve a settlement that would allow a $1.5 million priority unsecured claim and resolve labor law litigation from former store employees.
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September 17, 2025
Winston & Strawn Blamed For 'Anti-Woke' Fintech $1.7B Crash
The trustee of bankrupt "anti-woke" financial technology startup GloriFi on Wednesday launched malpractice litigation against Winston & Strawn LLP in Texas bankruptcy court, accusing the firm and one of its managing partners of putting the interests of the company's founder first and costing the business $1.7 billion in valuation.
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September 17, 2025
Frontier Copyright Row Triggered Duty To Defend, Court Says
Insurers for Frontier Communications had a duty to defend the telecommunications company against copyright infringement claims that were ultimately settled, a Delaware state court ruled in a recently unsealed opinion, analyzing a deliberate acts exclusion and the timeliness of Frontier's claim notice.
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September 17, 2025
How The Effects Of An IP Suit Loss Led Iovate To Bankruptcy
Iovate Health Sciences, a Canadian supplement maker known for manufacturing the diet pill Hydroxycut, unraveled quickly and wound up in bankruptcy court as a result of cascading effects from a $12.5 million litigation loss.
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September 17, 2025
Calif. Cheesemaker Files Ch. 11 After Listeria Shutdown
A California cheesemaker has filed for Chapter 11 protection in California bankruptcy court after listeria contamination closed down its operations for more than 16 months and left the company facing more than $74 million in legal liability.
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September 17, 2025
Judge Grossman Rejoins Duane Morris As Of Counsel
U.S. Bankruptcy Judge Robert E. Grossman has rejoined Duane Morris LLP as of counsel in the firm's business reorganization and financial restructuring practice in New York, where he was a partner before his appointment to the bench, the firm announced Monday.
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September 17, 2025
Nitro Fluids Confirms Ch. 11 Plan After Case Pivot
A Texas bankruptcy judge on Wednesday approved the Chapter 11 liquidation plan of fracking and oil drilling services group Nitro Fluids LLC after lackluster asset marketing results forced a pivot in its bankruptcy strategy.
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September 17, 2025
Biopharma Co. Seelos Gets OK For $22M Ch. 11 Sale
A New York bankruptcy judge on Wednesday approved the $22 million credit bid sale of bankrupt biopharmaceutical company Seelos Therapeutics after hearing the buyer had agreed to add another $100,000 in cash to its offer.
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September 16, 2025
Exactech Enters $8M Deal To Resolve Implant Failure Claims
Orthopedic implant-maker Exactech Inc. agreed to pay $8 million to resolve allegations it marketed and sold faulty components of its knee-replacement systems that were to be used on patients on Medicare, Medicaid and U.S. Department of Veterans Affairs assistance, federal prosecutors in Maryland and Alabama announced Tuesday.
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September 16, 2025
Sale Plan Standoff Led Worldwide Machinery Into Ch. 11
A dispute with a secured lender over competing sale plans prompted Worldwide Machinery, a construction equipment sale and rental company, to file for Chapter 11 protection, with pandemic-related economic pressures and a heavy debt load compounding its problems.
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September 16, 2025
Trinity Says Dr. Phil's Media Co. Filed Ch. 11 In Bad Faith
Trinity Broadcasting Network told a Texas bankruptcy judge on Tuesday that the Chapter 11 case of Dr. Phil McGraw's Merit Street Media was filed in bad faith as a way to escape some debts while keeping the assets of the business and giving them to a new entity started by the television therapist.
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September 16, 2025
Catching Up With New Bankruptcy Case Action
Bankrupt dietary supplement company Iovate began a Chapter 15 case to protect its U.S. assets as it weighs pursuing a Canadian insolvency. A car loan lender for low-income people entered Chapter 7 with at least a billion in debt. And an aerospace manufacturer entered Chapter 11 with at least $15 million in debt to tackle.
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September 16, 2025
Former Judge Aims To Escape Suit Over Secret Atty Romance
Former Bankruptcy Judge David R. Jones wants out of a lawsuit claiming his secret romance scandal infected the restructuring of life insurance bond seller GWG Holdings Inc., arguing that he's clearly protected by judicial immunity.
Expert Analysis
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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.
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7 Ways 2nd Trump Administration May Affect Partner Hiring
President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.
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E-Discovery Quarterly: Rulings On Custodian Selection
Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.
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Exercising On My Peloton Bike Makes Me A Better Lawyer
While I originally came to the Peloton bike for exercise, one cycling instructor’s teachings have come to serve as a road map for practicing law thoughtfully and mindfully, which has opened opportunities for growth and change in my career, says Andrea Kirshenbaum at Littler.
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3 Factors Affecting Retail M&A Deals In 2025
Retailers considering mergers and acquisitions this year face an evolving antitrust environment, including a new administration under President-elect Donald Trump, revised merger guidelines and a precedent set last year by a canceled $8.5 billion handbag merger, say attorneys at DLA Piper.
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Exploring Venue Strategy For Trump-Era Regulatory Litigation
Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.