Mid Cap

  • October 15, 2025

    AlixPartners Earns $6M For Work On Party City Ch. 11

    Consulting firm AlixPartners received a Texas bankruptcy court's approval Wednesday to be paid nearly $6.4 million in professional fees and expenses for its work as a restructuring advisor for insolvent party supply retailer Party City.

  • October 15, 2025

    Crowell & Moring Adds Seasoned Healthcare Trial Atty

    Crowell & Moring on Wednesday announced that it is expanding its healthcare team with the addition of a first-chair trial attorney who co-founded the healthcare practice at Robins Kaplan LLP, where he was most recently a partner.

  • October 15, 2025

    Razzoo's Restaurant Chain Gets 3-Member Creditors Committee

    The Office of the U.S. Trustee has appointed an unsecured creditors committee in Cajun restaurant chain Razzoo's Inc.'s Chapter 11 case composed of My Tech Texas LLC, South Loop Development LLC and Sabine 2016-1 LLC. 

  • October 15, 2025

    Chamberlain Hrdlicka Adds Eversheds Attorney In Texas

    Chamberlain Hrdlicka White Williams & Aughtry has boosted its bankruptcy team with the addition of a shareholder who previously co-managed the Houston office of Eversheds Sutherland, where he practiced for over two decades.

  • October 15, 2025

    NYC Hotel Must Hand Over Tax Credits In Bankruptcy

    The owners of a boutique hotel in Brooklyn and its management company must return pandemic-era refundable tax credits that they received as the hotel filed for Chapter 11 bankruptcy protection, a New York bankruptcy judge ruled, saying they had unfairly pocketed the money at the bankruptcy estate's expense.

  • October 15, 2025

    Fiber Co. Tilson Gets OK To Sell Gigapower Contract Claims

    A Delaware bankruptcy judge on Wednesday gave Tilson Technology Management permission to sell its breach of contract claims stemming from the project that sent the fiber network developer into Chapter 11.

  • October 14, 2025

    Crypto Firm JKL's Liquidators Look To Secure Ch. 15 In NY

    The liquidators for British Virgin Islands-based cryptocurrency investment firm JKL Digital Capital Ltd. have filed for Chapter 15 recognition in New York, saying the debtor has been uncooperative after it was forced into liquidation earlier this year by its only creditor, TGT LP.

  • October 14, 2025

    Higher Ground Ch. 11 Docs Approved Despite Short Notice

    A Texas bankruptcy judge approved the Chapter 11 plan disclosure statement of Montessori school owner Higher Ground Education Tuesday, but cautioned the debtor and other parties that expedited hearings on plan documents were becoming too common in the district.

  • October 14, 2025

    First Brands CEO Resigns, Spirit Wins $200M DIP Facility

    Bankrupt auto parts maker First Brands' founder stepped down as CEO. Spirit Airlines won approval for $200 million in debtor-in-possession financing and a settlement with its lessor. Global Wound Care warned that delayed Medicare payments, worsened by the government shutdown, threaten its liquidity. And a Delaware judge approved CareerBuilder + Monster's Chapter 11 plan. This is the week in bankruptcy.

  • October 14, 2025

    SilverRock Says $65M Real Estate Sale Maximizes Value

    A witness for SilverRock Development defended the insolvent California developer's request to sell its assets for $65 million, telling the Delaware bankruptcy court Tuesday that selling the site as a unit to an affiliate of Turnbridge Equities will maximize its value.

  • October 14, 2025

    Catching Up With Delaware's Chancery Court

    Last week at the Delaware Chancery Court, Vice Chancellor Lori W. Will ruled that Carlos Vasallo remains the CEO of Caribevision TV Network LLC, finding that majority investors' attempt to remove him under a defective 2019 agreement was invalid for lack of proper notice.

  • October 14, 2025

    Comics Publisher Humanoids Files Ch. 7

    Humanoids Inc., a comics publisher best known as the originator of the Heavy Metal comic, has filed for Chapter 7 in Delaware bankruptcy court with $10 million to $50 million in debt.

  • October 14, 2025

    Yield10 Bioscience Gets OK For Ch. 11 Liquidation Plan

    The Chapter 11 liquidation plan from agriculture company Yield10 Bioscience received approval Tuesday from a Delaware bankruptcy judge, setting up general unsecured creditors to receive about 20% recoveries.

  • October 14, 2025

    High Court Seeks US Input On Highland Capital Ch. 11 Appeal

    The U.S. Supreme Court on Tuesday invited the federal government to weigh in on a gatekeeping mechanism meant to shield restructuring professionals from frivolous litigation in the Texas bankruptcy of defunct hedge fund Highland Capital Management.

  • October 14, 2025

    High Court Won't Hear Alex Jones' $1.4B Sandy Hook Appeal

    The U.S. Supreme Court on Tuesday declined to hear the appeal of right wing conspiracy theorist Alex Jones in connection with a $1.4 billion defamation judgment granted by a Connecticut state court in favor of family members of Sandy Hook school shooting victims.

  • October 10, 2025

    Real Estate Recap: Data Diligence, REIT Reinvention, Q3 Deals

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney tips for data center approvals, one Big Law partner's perspective on the reinvention of real estate investment trusts, and the third quarter's 10 largest global real estate mergers and acquisitions.

  • October 10, 2025

    Chancery Resolves Caribevision TV's Control, Management

    A series of rulings by a Delaware vice chancellor on Friday resolved for now disputes over control of Caribevision TV Network LLC, the self-described media "eyes and ears of the Caribbean" that recently saw police called in to block an attempt to replace the company's CEO.

  • October 10, 2025

    What's Happening In Bankruptcy Court This Coming Week

    A Delaware bankruptcy judge will weigh SilverRock's $65 million proposed sale. A New York bankruptcy judge will hold a pretrial conference on a tax dispute in SVB Financial Group's Chapter 11 case. And a Texas bankruptcy judge will conduct a hearing on fiber network provider Everstream's Chapter 11 plan disclosure statement.

  • October 10, 2025

    US Trustee Wants Oversight Of 'Free Fall' Hotel Ch. 11

    The federal bankruptcy watchdog is asking a New York bankruptcy judge to appoint a trustee to take control of an insolvent New York City hotel operator, saying the abrupt and chaotic shutdown of its businesses left stranded travelers and unpaid workers in its wake.

  • October 10, 2025

    2 New Real Estate Bankruptcies Filed In The Last Week

    A 45-story former ExxonMobil headquarters in downtown Houston has filed for bankruptcy after a failed plan to convert the building into apartments left the property up for sale, and the owner of three apartment buildings worth about $45 million in New York City filed for Chapter 11 following a dispute with lender Fannie Mae over a $34 million loan. 

  • October 09, 2025

    Alex Jones Wants Justices To Pause $1.4B Sandy Hook Award

    Infowars host Alex Jones has asked the U.S. Supreme Court to stay enforcement of a Connecticut court judgment awarding more than $1 billion to the families of Sandy Hook Elementary School shooting victims, arguing that he has faith in the high court overturning the judgment against him.

  • October 09, 2025

    NJ Event Venue Can't Confirm Ch. 11 Plan, Lender Says

    The insolvent operator of The Chariot, a restaurant and event venue business in New Jersey, tried Thursday to fend off attempts from its key lender to collect on its debt and effectively end its bankruptcy, as the creditor contended that it would be impossible for the company to get a Chapter 11 plan confirmed.

  • October 09, 2025

    Teamsters Want Court To Reconsider Maverick Gaming Sale

    A Teamsters local asked a Texas bankruptcy judge to rethink his order permitting RunItOneTime LLC to sell assets to a company managed by one of its founders, saying the bankruptcy court lacked jurisdiction to decide that the two weren't essentially the same business.

  • October 09, 2025

    Hemp Co. Asks Del. Court To Defer Ex-Exec's Suit To Australia

    An Australian hemp manufacturer and its U.S. subsidiaries asked a Delaware federal judge Thursday to dismiss or pause a lawsuit filed by a former executive-turned-whistleblower, arguing the case should be deferred under international comity principles.

  • October 09, 2025

    SilverRock Defends $65M Ch. 11 Sale Proposal

    Bankrupt California property developer SilverRock Development defended its proposed $65 million property sale, telling a Delaware bankruptcy court that detractors are using speculative property valuations and discounting the need to keep the local municipality on board.

Expert Analysis

  • Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • Power To The Paralegals: How And Why Training Must Evolve

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    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • Law School's Missed Lessons: Mastering Time Management

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    Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.

  • Rare Del. Oversight Ruling Sends Governance Wake-Up Call

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    An unusual ruling from the Delaware Court of Chancery recently allowed Caremark oversight claims to proceed against former executives of a company previously known as Teligent, sending a clear reminder that boards and officers must actively monitor and document oversight efforts when addressing mission-critical risks, say attorneys at WilmerHale.

  • 11th Circ. Equitable Tolling Ruling Deepens Circuit Split

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    The Eleventh Circuit recently held that equitable tolling was unavailable to extend a deadline to object to discharge of debt, becoming the most recent circuit court decision to address this issue, and deepening a split that requires resolution by the U.S. Supreme Court, says Paul Avron at Berger Singerman.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

  • Demystifying The Civil Procedure Rules Amendment Process

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    Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.

  • Bankruptcy Courts May Offer Relief For Tariff-Driven Distress

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    The Bankruptcy Code and the customs laws interact in complex ways that make bankruptcy a powerful, albeit limited, tool for companies that are dealing with tariff-related financial distress, says Eitan Arom at KTBS Law.

  • What New CFPB Oversight Limits Would Mean For 4 Markets

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    As the Consumer Financial Protection Bureau continues to centralize its resources, proposals to alter the definition of larger market participants in the automobile financing, international money transfer, consumer reporting and consumer debt collection markets would reduce the scope of the bureau's oversight, say attorneys at Holland & Knight.

  • Advice For 1st-Gen Lawyers Entering The Legal Profession

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    Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.