Large Cap

  • February 19, 2026

    Warren Seeks Treasury, Fed Pledge Of No Bitcoin Bailout

    Sen. Elizabeth Warren, D-Mass., is asking the U.S. Treasury and Federal Reserve to provide a written pledge not to bail out cryptocurrency markets in the face of sliding bitcoin prices, saying such a move would disproportionately benefit billionaires.

  • February 19, 2026

    Pashman Stein Adds Ballard Spahr Bankruptcy Duo In Philly

    Pashman Stein Walder Hayden PC announced this week two new Philadelphia-based attorneys on its bankruptcy team who came aboard from Ballard Spahr LLP, pushing the group up to 17 members.

  • February 19, 2026

    McElroy Deutsch Adds Ex-Del. DOJ Atty To Bankruptcy Group

    McElroy Deutsch Mulvaney & Carpenter LLP has added a former Delaware Department of Justice attorney to its Wilmington office to bolster its capacity to handle business bankruptcy and insolvency matters.

  • February 18, 2026

    Pine Gate Can Wind Down Biz In Ch. 11 Post-Asset Sales

    A Texas bankruptcy judge Wednesday approved solar energy developer Pine Gate Renewables' bid to liquidate its business in Chapter 11, after the debtor sold the bulk of its assets during its roughly three-month-long case.

  • February 18, 2026

    Catching Up With New Bankruptcy Case Action

    A Colorado theme park that is facing a wrongful death judgment, a Florida-based flight simulator company and a Pennsylvania cookie shop chain were among the latest new debtors to seek Chapter 11 relief.

  • February 18, 2026

    Landlords Seek Protection In Saks' Ch. 11 Financing Plan

    A group of landlords in Texas bankruptcy court objected to Saks' bid to obtain debtor-in-possession financing for its Chapter 11 plan, saying the proposed budget doesn't include millions the luxury retailer owes in rent.

  • February 18, 2026

    Talc Claimants Tell 2nd Circ. Revlon Must Allow Late Claims

    A group of talc liability claimants on Wednesday asked the Second Circuit to find reorganized cosmetics company Revlon has to pay out for their injury claims despite those claims being filed past the deadline in the company's Chapter 11 case.

  • February 18, 2026

    Chinese Construction Co. CCA Exits Ch. 11

    CCA Construction Inc., a subsidiary of a Chinese state-owned firm, has emerged from Chapter 11, months after a New Jersey bankruptcy judge agreed to approve its settlement with a Bahamian resort developer whose $1.6 billion win in court pushed CCA into bankruptcy.

  • February 17, 2026

    Legal Work For Tricolor Pro Se Filers Questioned By Judge

    A Texas bankruptcy judge warned an Arizona man that he may have been improperly acting as an attorney for dozens of individuals who filed nearly identical pro se motions in the Chapter 7 case of subprime auto lender Tricolor Holdings.

  • February 17, 2026

    Camden Diocese Will Pay $180M More To Abuse Survivors

    The Roman Catholic Diocese of Camden, New Jersey, and its insurers on Tuesday agreed to pay another $180 million into a trust for the benefit of survivors of clergy sexual abuse, reaching a deal with a tort claimant committee representing more than 300 survivors.

  • February 17, 2026

    Oakland Diocese, Abuse Claimants To File Competing Plans

    The Roman Catholic Diocese of Oakland and representatives for sexual abuse claimants told a California bankruptcy judge on Tuesday they will be filing competing versions of a plan to settle hundreds of abuse claims against the diocese.

  • February 17, 2026

    Multi-Color Noteholders Sue Barclays In Ch. 11 Collateral Fight

    Unsecured noteholders for bankrupt label-maker Multi-Color Corp. are suing Barclays Bank PLC as Multi-Color's collateral agent, seeking a declaration that the bank holds liens only on some assets and not "substantially all" assets and property as stated previously in the Chapter 11 case.

  • February 17, 2026

    Saks Says Simon Didn't Terminate Two Leases Before Ch. 11

    Bankrupt luxury retailer Saks Global told a Texas court that two leased store locations can't be repossessed by landlord Simon Property Group because the leases were not properly terminated before the Chapter 11 filing and the automatic stay protects Saks Global's right to determine how to treat the leases that are property of its estate.

  • February 17, 2026

    Connell Foley Debuts Practice, Office With FBT Gibbons Attys

    Connell Foley LLP announced Tuesday it is launching a new bankruptcy and restructuring practice group and a new office in Wilmington, Delaware, with the addition of five partners from FBT Gibbons LLP.

  • February 17, 2026

    J&J Fights Beasley Allen's Bid To Pause Talc DQ Ruling

    A New Jersey state court lacks standing to block an appellate panel's removal of Beasley Allen from representing hundreds of women with ovarian cancer pursuing claims against Johnson & Johnson over talcum powder, the pharmaceutical company has argued in an opposition brief.

  • February 17, 2026

    Tucker Arensberg Adds Bankruptcy Atty In Pittsburgh

    Tucker Arensberg PC has expanded its transactional resources in Pittsburgh with the recent addition of an attorney who moved to the firm to expand his practice advising clients on bankruptcy and solvency matters after nearly four years with a real estate boutique.

  • February 17, 2026

    US Trustee Says Office REIT's Ch. 11 Plan Can't Be OK'd

    A U.S. Trustee has objected to an office-focused real estate investment trust's proposed Ch. 11 reorganization plan in a Texas bankruptcy court, arguing that the plan wrongfully wants to release claims related to nondebtor third parties without express permission.

  • February 17, 2026

    Meet The Attys In Packaging Co. Pretium's Prepack Ch. 11

    Pretium Packaging, a private equity-backed maker of rigid plastic containers, has hired attorneys from Cole Schotz PC and Kirkland & Ellis LLP to steer it through a prepackaged bankruptcy it began after struggling to stabilize its business in the face of more than $1 billion in debt.

  • February 17, 2026

    Food52 Can Sell Assets, Saks Can Close 9 Stores

    A Delaware bankruptcy judge approved an agreement on the sale of some of e-commerce company Food52 Inc.'s assets to America's Test Kitchen, a Texas judge allowed Saks Global to start closing nine stores, and a New Jersey judge put the retail operator of outdoor clothing brand Eddie Bauer on track for a March auction.

  • February 13, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges this week are set to consider confirmation of wind-down plans from solar energy developer Pine Gate Renewables and subprime lender PrimaLend Capital Partners LP, while also mulling approval for billions of dollars in Chapter 11 financing to support Saks Global.

  • February 13, 2026

    Brazil Antitrust Enforcer OKs $100M United Investment In Azul

    Brazil's antitrust regulator has cleared a $100 million investment by United Airlines in Azul SA as part of the Brazilian airline's Chapter 11 reorganization, finding the transaction posed no anticompetitive risk.

  • February 13, 2026

    Boy Scouts Trustee Seeks Documents From Mormon Church

    The trustee overseeing payments to sexual abuse victims in the Boy Scouts of America bankruptcy has asked a Delaware federal judge to order the Church of Jesus Christ of Latter-day Saints to cough up documents detailing settlements the church reached over scouting-related abuse, saying the church is refusing to provide that information.

  • February 13, 2026

    Atlanta Boutique Ardis Law Brings On Taylor Duma Attys

    A pair of Taylor Duma LLP attorneys — including a former Fulton County Superior Court judge — has joined Atlanta-based law firm Ardis Law LLP, strengthening its creditors' rights, bankruptcy and litigation services.

  • February 13, 2026

    Saks Approved For More Store Closing Plans In Ch. 11

    Bankrupt luxury retailer Saks Global received court approval Friday in Texas to begin closing procedures at nine of its flagship stores and continue the liquidation of its off-price e-commerce inventory as part of its Chapter 11 plan to rationalize the company's operating footprint.

  • February 13, 2026

    Talc MDL Law Firm Accuses Litigation Funders Of Case Piracy

    A leading plaintiffs law firm in the multibillion-dollar litigation over Johnson & Johnson's tainted talcum powder has alleged in Mississippi federal court three investment firms loaned it "tens of millions" of dollars under false pretenses in a "loan-to-own" scheme.

Expert Analysis

  • How Cos. Can Build A Strong In-House Pro Bono Program

    Author Photo

    During this year’s pro bono celebration week, companies should consider some key pointers to grow and maintain a vibrant in-house program for attorneys to provide free legal services for the public good, says Mary Benton at Alston & Bird.

  • Navigating The Bankruptcy Terrain After Purdue Pharma

    Author Photo

    The U.S. Supreme Court’s June ruling in Harrington v. Purdue Pharma is having a significant impact on bankruptcies, with recent cases addressing nonconsensual third-party releases and opt-out mechanisms, and highlighting strategies practitioners can employ to avoid running afoul of the decision, say Brett Axelrod and Agostino Zammiello at Fox Rothschild.

  • Use The Right Kind Of Feedback To Help Gen Z Attorneys

    Author Photo

    Generation Z associates bring unique perspectives and expectations to the workplace, so it’s imperative that supervising attorneys adapt their feedback approach in order to help young lawyers learn and grow — which is good for law firms, too, says Rachael Bosch at Fringe Professional Development.

  • How 9th Circ. Ruling Expands Bankruptcy Trustees' Powers

    Author Photo

    The Ninth Circuit recently held in The Lovering Tubbs Trust v. Hoffman that a trustee can avoid intentionally fraudulent transfers, even if no creditor suffered harm as a result, materially strengthening bankruptcy trustees' powers, say Robert Klyman and Rod Kazempour at DLA Piper.

  • State Of The States' AI Legal Ethics Landscape

    Author Photo

    Over the past year, several state bar associations, as well as the American Bar Association, have released guidance on the ethical use of artificial intelligence in legal practice, all of which share overarching themes and some nuanced differences, say Eric Pacifici and Kevin Henderson at SMB Law Group.

  • 8 Childhood Lessons That Can Help You Be A Better Attorney

    Author Photo

    A new school year is underway, marking a fitting time for attorneys to reflect on some fundamental life lessons from early childhood that offer a framework for problems that no legal textbook can solve, say Chris Gismondi and Chris Campbell at DLA Piper.

  • 3rd Circ. Hertz Ruling Highlights Flawed Bankruptcy Theory

    Author Photo

    The Third Circuit, in its recent Hertz bankruptcy decision, became the latest appeals court to hold that noteholders were entitled to interest before shareholders under the absolute priority rule, but risked going astray by invoking the flawed theory of code impairment, say Matthew McGill and David Casazza at Gibson Dunn.

  • Playing Diplomacy Makes Us Better Lawyers

    Author Photo

    Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — are neither concise nor without ambiguity, and weekly gameplay with our colleagues has revealed the game's practical applications to our work as attorneys, say Jason Osborn and Ben Bevilacqua at Winston & Strawn.

  • Mental Health First Aid: A Brief Primer For Attorneys

    Author Photo

    Amid a growing body of research finding that attorneys face higher rates of mental illness than the general population, firms should consider setting up mental health first aid training programs to help lawyers assess mental health challenges in their colleagues and intervene with compassion, say psychologists Shawn Healy and Tracey Meyers.

  • AI May Limit Key Learning Opportunities For Young Attorneys

    Author Photo

    The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to detect patterns may curtail young attorneys’ chance to practice the lower-level work of managing cases, preventing them from ever honing the pattern recognition skills that undergird creative lawyering, says Sarah Murray at Trialcraft.

  • Considering Possible PR Risks Of Certain Legal Tactics

    Author Photo

    Disney and American Airlines recently abandoned certain litigation tactics in two lawsuits after fierce public backlash, illustrating why corporate counsel should consider the reputational implications of any legal strategy and partner with their communications teams to preempt public relations concerns, says Chris Gidez at G7 Reputation Advisory.

  • It's No Longer Enough For Firms To Be Trusted Advisers

    Author Photo

    Amid fierce competition for business, the transactional “trusted adviser” paradigm from which most firms operate is no longer sufficient — they should instead aim to become trusted partners with their most valuable clients, says Stuart Maister at Strategic Narrative.

  • Expect More Restaurant Ch. 11s As COVID Debt Comes Due

    Author Photo

    The wave of restaurant bankruptcies is likely to continue in the coming months as companies face the looming repayment of COVID-19 pandemic-era government loans, an uncertain economy and increased interest rates, says Isaac Marcushamer at DGIM Law.

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