Mid Cap
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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.
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January 08, 2026
Ice Miller Names Deputy Managing Partner Duo, New Partners
Following the official appointment of new chief managing partner Joshua Christie, Ice Miller LLP announced that it has named two attorneys as deputy managing partners and has elevated six attorneys to partner.
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January 08, 2026
Former Philly Hospital Operator Can Send Ch. 11 Plan For Vote
Center City Healthcare, the former operator of two Philadelphia hospitals, received court approval Thursday to send its liquidation plan to a creditor vote, more than six years after it filed for Chapter 11 protection in Delaware.
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January 08, 2026
Judge Says He'll Approve Ideanomics Plan After Revisions
A Delaware bankruptcy judge said Thursday that he will approve the Chapter 11 liquidation plan for electric vehicle technology company Ideanomics Inc. once an injunction barring future claims in the plan is narrowed in scope.
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January 08, 2026
Delaware Judge Sends Employee Stock Dispute To Trial
The Delaware Chancery Court has refused to let either side bypass an upcoming trial in a dispute between autonomous-robotics company Seegrid Corp. and former employees over the forced repurchase of stock options, concluding that the case is too fact-intensive for summary judgment and should instead be resolved through live testimony.
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January 07, 2026
Belgian Restaurant Chain Files For Ch. 11 In Ohio
Taste of Belgium Rookwood LLC launched a streamlined Chapter 11 in Ohio bankruptcy court late on Tuesday, reporting about $156,000 in assets against $3 million in liabilities and aiming to stabilize its remaining three-site business.
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January 07, 2026
Expedia Wants Singapore's Help Getting Docs In Rival's Suit
Expedia asked a Washington federal judge to help it seek assistance from Singapore's court system to get documents from Trip.com, saying the discovery is pertinent in an antitrust case brought by representatives for a defunct Swiss competitor.
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January 07, 2026
Lender Dispute, Cash Sweep Led Food52 To Ch. 11
Unexpected cash sweeps by its prepetition lender at year-end forced Food52 Inc., an e-commerce company selling kitchen and home goods, to file for bankruptcy.
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January 07, 2026
New Mexico Nursing Facility Files Ch. 11
The operator of a 369-bed skilled nursing facility in Albuquerque, New Mexico, has filed for Chapter 11 protection in a Florida bankruptcy court with more than $1 million in debt and has been granted joint administration with its already-bankrupt management affiliate.
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January 07, 2026
Ellenoff Grossman Grows With NY Litigation Firm Tie-Up
Ellenoff Grossman & Schole LLP has combined with trial law firm Kaplan Rice LLP in New York, bringing on eight attorneys, doubling the size of its trial and litigation practice group, and giving the group new leaders, according to a Wednesday announcement.
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January 06, 2026
6 Key Rulings From Outgoing Del. Justice Karen L. Valihura
Soon-to-be-retiring Delaware Supreme Court Justice Karen L. Valihura carved her name deeply into First State corporate law jurisprudence over her dozen years on the bench, at a time of surging caseloads and intensifying political scrutiny of the business court where many of the country's largest corporate battles are waged.
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January 06, 2026
Bankrupt Hospital Wants Out Of $3B BCBS Antitrust Deal
A bankrupt Alabama hospital is asking a federal judge to allow it to drop out of a $2.8 billion antitrust class action settlement with Blue Cross Blue Shield, saying it may be forced to shut down unless it can pursue separate relief in bankruptcy court.
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January 06, 2026
A Look At EV Tech Co. Ideanomics' Ch. 11 Liquidation Plan
Ideanomics Inc. will ask a Delaware bankruptcy judge on Thursday to confirm its Chapter 11 plan, allowing the electric vehicle technology group to exit bankruptcy after selling its assets. Here's a look at the liquidation and wind-down plan it is hoping to confirm.
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January 06, 2026
Vectra Bank Claims Lending Co. Owes $4.5M
Vectra Bank has accused a Colorado-based commercial finance company and two related business entities in state court of defaulting on a $6.5 million loan and said they now owe the bank more than $4.5 million.
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January 06, 2026
DC's Compass Coffee Hits Ch. 11 Amid Rent, Other Disputes
The Washington, D.C.-based coffee chain Compass Coffee filed for Chapter 11 protection Tuesday with at least $11.7 million of estimated liabilities amid rent disputes with landlords, promising to soon disclose plans for an asset sale to a strategic buyer in the global retail coffee business.
Expert Analysis
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How Methods Are Evolving In Textualist Interpretations
Textualists at the U.S. Supreme Court are increasingly considering new methods such as corpus linguistics and surveys to evaluate what a statute's text communicates to an ordinary reader, while lower courts even mull large language models like ChatGPT as supplements, says Kevin Tobia at Georgetown Law.
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Why Attorneys Should Consider Community Leadership Roles
Volunteering and nonprofit board service are complementary to, but distinct from, traditional pro bono work, and taking on these community leadership roles can produce dividends for lawyers, their firms and the nonprofit causes they support, says Katie Beacham at Kilpatrick.
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Ch. 11 Ruling Shows Early Attempt To Tackle Purdue Fallout
A Delaware bankruptcy court’s recent ruling in Parlement Technologies’ Chapter 11 case, which denied a bid by Parler’s former owner to extend its bankruptcy stay to nondebtors, illustrates early efforts to grapple with the U.S. Supreme Court's decision in Purdue Pharma for a recurring bankruptcy issue, say Daniel Lowenthal and Jonah Wacholder at Patterson Belknap.
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9 Liability Management Tips As Debt Maturity Cliff Looms
As the debt maturity cliff swiftly approaches in this challenging environment, attorneys at Winston & Strawn highlight the top considerations for boards of directors and finance professionals to think about when structuring and executing liability management transactions, including reviewing capital structure, evaluating debt covenants, and more.
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Firms Must Offer A Trifecta Of Services In Post-Chevron World
After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.
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How Cos. Can Leverage IP In Corporate Bankruptcy
In light of an increase in year-to-date Chapter 11 filings, businesses must understand the importance and value of intellectual property in corporate bankruptcy and restructuring, from contributing to enterprise value, to providing leverage in negotiations and facilitating recovery, says Gregory Campanella at Ocean Tomo.
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Avoiding Retail Bankruptcy As Economic Uncertainty Persists
Amid record retail bankruptcies and continued economic uncertainty in 2024, retailers can take specific steps like building stronger cash-flow models, managing inventory wisely and reassessing cost structures to avoid financial distress, say consultants at BRG.
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Banking Compliance Takeaways From Joint Agency Statement
Federal bank regulatory agencies’ recent joint statement warning of risks associated with third-party fintech deposit services spotlights a fundamental problem that may arise with bank deposit products that are made through increasingly complex customer relationships, says Tom Witherspoon at Stinson.
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Litigation Funding Disclosure Key To Open, Impartial Process
Blanket investor and funding agreement disclosures should be required in all civil cases where the investor has a financial interest in the outcome in order to address issues ranging from potential conflicts of interest to national security concerns, says Bob Goodlatte, former U.S. House Representative for Virginia.
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Law Firms Should Move From Reactive To Proactive Marketing
Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.
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Bankruptcy Courts May Be Budding Open To Cannabis Cases
Two recent California bankruptcy court rulings, denying motions to dismiss the respective debtors' bankruptcies, provide persuasive authority to allow cannabis debtors the protections of federal bankruptcy law, say Noah Weingarten and Bethany Simmons at Loeb & Loeb.
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Vendor Rights Lessons From 2 Chapter 11 Cases
A Texas federal court’s recent critical vendor order in the Zachry Holdings Chapter 11 filing, as well as a settlement between Rite Aid and McKesson in New Jersey federal court last year, shows why suppliers must object to critical vendor motions that do not recognize creditors' legal rights, says David Conaway at Shumaker.
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Mirror, Mirror On The Wall, Is My Counterclaim Bound To Fall?
A Pennsylvania federal court’s recent dismissal of the defendants’ counterclaims in Morgan v. Noss should remind attorneys to avoid the temptation to repackage a claim’s facts and law into a mirror-image counterclaim, as this approach will often result in a waste of time and resources, says Matthew Selmasska at Kaufman Dolowich.