Mid Cap

  • April 29, 2026

    Citgo Bidder Violating Confidentiality Agreement, Court Hears

    Counsel for the oil giant Citgo has accused an affiliate of hedge fund Elliott Investment Management LP of improperly revealing and distorting its confidential information as the parties inch closer toward ending a long-running saga aimed at satisfying billions of dollars' worth of Venezuelan debt.

  • April 29, 2026

    Infowars Parent Says The Onion IP Deal Would Gut Asset Value

    The company behind Alex Jones' conspiracy website Infowars has asked a Texas appeals court to block a receiver from leasing its intellectual property and internet domain for $81,000 a month to a corporation linked to satire website The Onion.

  • April 29, 2026

    Tehum Creditor Trusts Sue Over 'Sham' Texas Two-Step Ch. 11

    Two creditor trusts in prison healthcare company Tehum Care's Chapter 11 case has sued the firm's affiliates and former executives over its "Texas two-step" bankruptcy filing, alleging the maneuver was a "sham" to "perpetrate a fraudulent scheme."

  • April 29, 2026

    Meal Supplier FreshRealm Can Tap $45M In Ch. 11 Financing

    A New Jersey bankruptcy judge agreed Wednesday to give interim approval to food kit and meal service supplier FreshRealm's debtor-in-possession loan, freeing up $10 million in new funds, as the company looks to liquidate under Chapter 11.

  • April 29, 2026

    Pa. Water Authority Loses Bid To Restart Lawsuit Against City

    A Pennsylvania bankruptcy judge on Wednesday denied a bid by the city of Chester's water authority to move forward with litigation over whether the city has the right to monetize water assets to address its financial distress, finding cause did not exist to modify the automatic stay in Chester's Chapter 9 case.

  • April 29, 2026

    How Corporate Restructurings Became Inclusive But Unequal

    Large corporate restructurings increasingly feature deals that let most creditors participate but on starkly different terms, reflecting how the rise of powerful equity sponsors has shaped debt workouts both in and out of court, according to a recent paper by Robert Miller, a professor at the University of South Dakota School of Law.

  • April 29, 2026

    Lender Seeks Receivership Over $8M Pot Shop Default

    A lender says a pot dispensary across from Fenway Park owes it $8 million and should be placed into receivership, the latest in a series of lawsuits against one of Massachusetts' first social equity cannabis license recipients.

  • April 29, 2026

    Meet The Attys Helping A Wind Farm Pile-Maker In Ch. 11

    EEW American Offshore Structures Inc., a builder of foundations for offshore wind turbines, has tapped a team of lawyers from Connell Foley LLP to guide it through a Chapter 11 proceeding it launched in the wake of a canceled offshore wind energy project and litigation with a landlord.

  • April 28, 2026

    4th Circ. Says Ch. 13 Plan Keeping 3 Cars Lacks Good Faith

    A panel of the Fourth Circuit upheld the rejection of a North Carolina resident's Chapter 13 plan, saying Tuesday the plan complied with the letter of the Bankruptcy Code but was not an "honest effort" to pay his debts.

  • April 28, 2026

    Judge Grants Mortgage Broker Stock Sale Notice

    A Delaware bankruptcy judge on Tuesday allowed bankrupt home lending broker Impac Mortgage to continue to control the sale of its stock after hearing that millions of dollars in transactions took place despite an emergency order he entered Monday to restrict trading.

  • April 28, 2026

    3 Countries In Focus As US Cos. Seek To Restructure Abroad

    As New Fortress Energy, which is headquartered in New York, is seeking to restructure more than $5 billion in debt in the U.K., bankruptcy experts are watching whether the costs of Chapter 11 and the U.S. Supreme Court's decision barring nonconsensual third-party releases are driving debtors to file elsewhere.

  • April 28, 2026

    Makeup Ingredient Supplier Hits Ch. 11 Over Talc Torts

    Miyoshi America Inc., a supplier of cosmetics ingredients, filed for bankruptcy protection in Texas on Monday with a preapproved Chapter 11 plan aimed at putting to rest asbestos-related personal injury litigation with a $20 million trust.

  • April 28, 2026

    Flipcause Converted To Chapter 7 After Sale, Creditor Deal

    A Delaware judge Tuesday agreed to convert the bankruptcy of charity financial technology group Flipcause to a Chapter 7 liquidation after its Chapter 11 trustee sold its assets and reached a settlement with creditors.

  • April 28, 2026

    Blue Apron Meal Supplier Hits Ch. 11 After Listeria Woes

    FreshRealm Inc., the exclusive meal supplier for Blue Apron, has filed for Chapter 11 in New Jersey, with plans to divest its Blue Apron contract and sell the rest of its business after it took a hit from listeria-related recalls of some of its dishes.

  • April 28, 2026

    North Carolina HBCU Hits Ch. 11 With Over $50M In Debt

    Saint Augustine's University, one of the nation's oldest historically Black colleges and universities, has filed for Chapter 11 protection in North Carolina bankruptcy court with up to $100 million in liabilities, nearly a year after losing its accreditation.

  • April 28, 2026

    Catching Up With New Bankruptcy Case Action

    A farming operation sought Chapter 15 recognition of its Canadian insolvency, a software company entered Chapter 11 with plans to sell its business to a lender, and a kitchen design firm began a Chapter 7 liquidation.

  • April 28, 2026

    Del. Chancery Adds US Trustee Atty As Its Latest Magistrate

    Delaware's Court of Chancery has added a former attorney for the U.S. Trustee's Office to serve as a magistrate judge to adjudicate corporate dissolutions, wind-downs and other matters.

  • April 27, 2026

    Creditor Objects To Wind Farm Pile-Maker's Ch. 11 Financing

    A landlord of a bankrupt wind farm pile-maker has lodged an objection to the debtor's proposed Chapter 11 financing, arguing it was insider financing that would improperly roll up unsecured debt.

  • April 27, 2026

    Retail Data Co. Wiser Solutions Hits Ch. 11 With $563M In Debt

    Wiser Solutions, a software company that collects data from retailers, has filed for Chapter 11 protection in Texas bankruptcy court with about $563 million in debt and plans to sell its business to its main lender.

  • April 27, 2026

    Mortgage Broker Can Shield $1.4B In Tax Assets In Ch. 11

    Bankrupt home lending broker Impac Mortgage Holdings Inc. received emergency approval on Monday to restrict trading of its stock in order to protect as much as $1.4 billion in tax attributes, which are its most valuable assets, as it pursues a 60-day reorganization track.

  • April 27, 2026

    Sand Miners Avoid Immediate Ch. 7 Liquidation

    A Texas bankruptcy judge declined to order an immediate conversion of the Chapter 11 cases of two debtors that mine and process sand for fracking, but said she would wait to rule on bidding procedures and additional debtor-in-possession financing until more documents are filed.

  • April 27, 2026

    ABI Meeting Looks At Small Biz, AI, Economic Uncertainty

    Small-business issues, artificial intelligence and economic concerns were among the range of topics discussed by lawyers, judges and other bankruptcy professionals at the American Bankruptcy Institute's annual spring meeting in Washington last week.

  • April 27, 2026

    Kitchen Design Co. Abruptly Hits Ch. 7 With $100M+ Liabilities

    Wren US Holdings Inc., a kitchen design firm based in the northeastern United States, has filed for Chapter 7 liquidation in Delaware, citing between $100 million and $500 million each of assets and liabilities.

  • April 27, 2026

    Onion Snags Infowars IP Rights, Firm Flags AI Errors In Filing

    The Onion struck a new licensing deal allowing it to run Infowars, Sullivan & Cromwell told a New York court that it identified artificial intelligence "hallucinations" in a motion it had filed in a Chapter 15 case, and Meyer Burger received approval for its Chapter 11 plan.

  • April 27, 2026

    Pool Co. Wins Extra $1.3M In Atty Fees For Unpaid Judgment

    Attorneys from McCarter & English LLP, Womble Bond Dickinson and Georgiou Partnership LLP who represent a U.S.-based swimming pool parts manufacturer won an additional $1.3 million in attorney fees for their efforts to collect a more than $17 million judgment against a Chinese rival.

Expert Analysis

  • The Bankruptcy Risks Inherent In AI Data Center Power Deals

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    While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential risks to their business model and the power supply arrangements they rely on appear on the horizon, says Mark Sherrill at Chamberlain Hrdlicka.

  • 3 Notable Developments In Ch. 15 Bankruptcy This Year

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    Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified the framework of Chapter 15 surrounding nonparty releases, reinforced the principles of a debtor's center of main interest in the face of extensive mass tort litigation, and reviewed synthetic cross-border proceedings, say attorneys at Troutman.

  • Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

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    Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.

  • Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

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