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

  • Competitive Weightlifting Makes Me A Better Lawyer

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    The parallels between the core principles required for competitive weightlifting and practicing law have helped me to excel in both endeavors, with each holding important lessons about discipline, dedication, drive and failure, says Damien Bielli at VF Law.

  • Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

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    The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable mootness doctrine, and may set up a U.S. Supreme Court review of the doctrine in the near future, say attorneys at Cleary.

  • Inconsistent Injury-In-Fact Rules Hinder Federal Practice

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    A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.

  • In-House Counsel Pointers For Preserving Atty-Client Privilege

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    Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.

  • Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • Ch. 11 Ruling Confirms Insurer Standing Requirements

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    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

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    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

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    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

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    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

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    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

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    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.

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