Mid Cap

  • July 30, 2025

    Rising Star: Brown Rudnick's Tristan Axelrod

    Tristan Axelrod of Brown Rudnick LLP steered bankrupt cryptocurrency platform BlockFi through an $874 million settlement with FTX and a Chapter 11 reorganization that paid creditors in full, earning him a spot among the bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 30, 2025

    Biotech Firm Omega Therapeutics Gets OK For Ch. 11 Plan

    A Delaware bankruptcy judge approved biotechnology developer Omega Therapeutics' Chapter 11 plan Wednesday, after no objections to the company's plan to distribute its remaining assets were raised at a brief hearing.

  • July 29, 2025

    Jackson Walker Gets Another Deal On Judge-Romance Claims

    Jackson Walker LLP has reached another settlement with former bankruptcy clients to resolve fee disputes related to the concealed romance of a former partner with the firm and former Texas bankruptcy Judge David R. Jones, according to a motion filed Tuesday in Texas federal court.

  • July 29, 2025

    8th Circ. Says Bankruptcy Sale Appeal Dead Without Stay

    The Eighth Circuit on Tuesday rejected a woman's bid to undo an order approving a sale in her Chapter 7 bankruptcy, saying she didn't get a stay of the sale and so her appeal had to be dismissed.

  • July 29, 2025

    Del. Judge Denies $89M Claim In Silvergate Ch. 11

    A Delaware bankruptcy judge ruled Tuesday the insolvent parent of Silvergate Bank did not agree in 2023 to sell a loan to a bitcoin-focused financial firm, denying that company's $89 million breach of contract claim in Silvergate's Chapter 11.

  • July 29, 2025

    Prime Core Ch. 11 Trust Seeks Return Of $2.1M In Transfers

    The litigation trust for Prime Core Technologies has sued to claw back $2.1 million in cash and cryptocurrency paid out to customers in the weeks before its bankruptcy filing, saying other creditors are facing a serious recovery shortfall worsened by the payments.

  • July 29, 2025

    Calif. Resort Developer Goes For Last-Ditch Ch. 11 Deal

    An insolvent company that developed a resort and other properties in California told a Delaware bankruptcy judge Tuesday it would participate in a one-day mediation session its investors proposed as a final effort to avoid the dismissal or conversion of the real estate firm's beleaguered Chapter 11 case.

  • July 29, 2025

    Bedmar Fights U.S. Trustee's Efforts To Nix 'Bad Faith' Ch. 11

    Bedmar LLC, the property-lease holding subsidiary of pharmaceutical company National Resilience HoldCo Inc. defended its Chapter 11 filing in Delaware bankruptcy court Tuesday against a push from the U.S. Trustee and landlords to dismiss the case on arguments it was filed in "bad faith" simply to discharge lease liabilities.

  • July 29, 2025

    Law Firm Beats NJ Atty's Fraud Suit Under Anti-SLAPP Law

    Maurice Wutscher LLP got an attorney's fraud suit against it thrown out under New Jersey's anti-SLAPP law on Tuesday, allowing the firm to escape complex litigation across multiple venues stemming from the breakdown of a former New Jersey firm.

  • July 29, 2025

    Meet The Retired Michigan Federal Judge Joining JAMS

    Sean F. Cox, the retired chief judge of the U.S. District Court for the Eastern District of Michigan who was part of the mediation team in Detroit's municipal bankruptcy, has joined alternative dispute resolution services provider JAMS.

  • July 29, 2025

    Mich. Judge Sanctions Attys For False Case Quotations

    A Michigan federal judge on Monday ordered plaintiffs' attorneys in two cases against a robotics company to pay for the time opposing counsel took in filing an additional briefing because of false case quotations.

  • July 29, 2025

    Rising Star: Weil's David Cohen

    David J. Cohen of Weil Gotshal & Manges LLP has represented Steward Health Care in its sprawling Chapter 11 bankruptcy involving 31 hospitals across eight states, and he was selected to lead the firm's growing Miami office, earning him a spot among bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 29, 2025

    Catching Up With New Bankruptcy Case Action

    A valve manufacturer hit bankruptcy in Delaware under pressure from mounting asbestos injury claims, a 3D printer designer entered Chapter 11 in Texas after it underwent an acquisition imposed by court order following a ruling that the purchaser had delayed the process, and a San Luis Obispo property developer filed for bankruptcy in California.

  • July 28, 2025

    UpHealth Moves To Toss Glocal Ch. 11 Dispute

    Bankrupt medical tech company UpHealth is urging a Delaware bankruptcy judge to nix a $200 million adversary proceeding launched by Glocal Healthcare in a bitter feud over an ill-fated merger, accusing the Indian digital healthcare services platform of bad faith through a pattern of delay and obfuscation.

  • July 28, 2025

    Monster.com Can Sell Assets For $69M In Ch. 11

    A Delaware bankruptcy judge on Monday gave her approval for CareerBuilder + Monster, an online job search platform, to sell its three lines of business for a combined $68.6 million and tap into the full amount of its $20 million debtor-in-possession financing.

  • July 28, 2025

    Judge Nixes Puerto Rico Bond Claim, Tilson Sues Gigapower

    A New York federal judge ruled that bondholders of Puerto Rico's public electric utility cannot pursue claims against the commonwealth's government. Tilson Technology sued joint venture Gigapower in Texas, claiming a breached contract on major infrastructure work led to its bankruptcy. FTX agreed to drop six Delaware lawsuits seeking to recover $28.75 million in political donations, most of which went to Republican-aligned groups.

  • July 28, 2025

    Co-Owner Of Georgia Aparments Files Ch. 11 With $25M Debt

    MMRE Management-Patriot Place LLC — the minority owner of an apartment complex in Georgia — has sought Chapter 11 protection in a New York bankruptcy court, saying it purchased the property at an inflated price and the apartments have faced mismanagement and foreclosure.

  • July 28, 2025

    3D Printing Co. Desktop Metal Hits Ch. 11 After Acquisition

    Desktop Metal, a 3D printer designer, filed for Chapter 11 bankruptcy in Texas Monday four months after a Delaware lawsuit forced manufacturing technology group Nano Dimension to complete its $183 million acquisition of the company.

  • July 28, 2025

    Gambling Biz Gets 5-Member Ch. 11 Committee

    The Office of the U.S. Trustee has appointed five members to the official committee of unsecured creditors in the Chapter 11 case of Maverick Gaming LLC, a company that runs casinos and other gambling venues.

  • July 28, 2025

    Jackson Walker Settles Judge Romance Claims For $485K

    Jackson Walker LLP has reached a $485,000 settlement with two former bankruptcy clients to resolve a dispute related to the concealed romance of a former partner and former Texas bankruptcy judge David R. Jones, according to a motion filed Friday.

  • July 28, 2025

    NYC Real Estate Week In Review

    Goodwin and Perkins Coie are among various law firms that landed work on the largest New York City real estate deals that hit public records last week, a period that saw a trio of nine-figure deals become public.

  • July 28, 2025

    Rising Star: Sullivan & Cromwell's Benjamin Beller

    Benjamin Beller of Sullivan & Cromwell LLP helped defunct cryptocurrency exchange FTX through its Chapter 11 case and its disputes with other crypto debtors that culminated in a $14 billion-plus reorganization plan, earning him a spot among the bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 28, 2025

    Catching Up With Delaware's Chancery Court

    A Delaware vice chancellor last week sent several coordinated derivative suits seeking millions of dollars in damages from AT&T to trial and also chose a boutique firm to lead a potential "blockbuster" suit challenging a take-private deal of a sports and entertainment group after "heated" attacks between competing counsel.

  • July 28, 2025

    Meet The Attys Guiding IG Design Through Ch. 11, Asset Sale

    Gift wrap manufacturing giant IG Design Group Americas Inc. has called upon a team of attorneys from Latham & Watkins LLP to help the debtor find a buyer for its assets and wind down in Chapter 11.

  • July 25, 2025

    Mining Valve Maker Hits Ch. 11 With Asbestos Liabilities

    Valves and Controls US Inc. filed for Chapter 11 protection in Delaware Friday with between $100 million and $500 million in estimated liabilities, saying it is facing more than 2,000 asbestos claims it is planning to settle before winding down.

Expert Analysis

  • Ch. 11 Ruling Confirms Insurer Standing Requirements

    Author Photo

    A New York bankruptcy court's recent decision in the Syracuse Diocese's Chapter 11 case indicates that insurers have misread the U.S. Supreme Court’s 2024 ruling in Truck Insurance Exchange v. Kaiser Gypsum and that federal standing requirements remain unaltered, say attorneys at Lowenstein Sandler.

  • AI Will Soon Transform The E-Discovery Industrial Complex

    Author Photo

    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

  • When Innovation Overwhelms The Rule Of Law

    Author Photo

    In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.

  • Adventure Photography Makes Me A Better Lawyer

    Author Photo

    Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.

  • How Ch. 11 Can Alleviate Merchant Cash Advance Concerns

    Author Photo

    Merchant cash advance funding is one of the biggest challenges for small businesses today because funders are so prevalent, aggressive and expensive, but bankruptcy can provide several tools for dealing with MCA agreements that may allow the debtor business to restructure and survive, says Patricia Fugée at FisherBroyles.

  • 5 Ways To Create Effective Mock Assignments For Associates

    Author Photo

    In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.

  • 8 Lessons Yellow Corp. Layoffs Can Teach Distressed Cos.

    Author Photo

    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.

  • Mentorship Resolutions For The New Year

    Author Photo

    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.

  • Coaching Little League Makes Me A Better Lawyer

    Author Photo

    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.

  • 5 Litigation Funding Trends To Note In 2025

    Author Photo

    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.

  • Rethinking Litigation Risk And What It Really Means To Win

    Author Photo

    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.

  • Playing Rugby Makes Me A Better Lawyer

    Author Photo

    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.

  • No, Litigation Funders Are Not 'Fleeing' The District Of Del.

    Author Photo

    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.

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