Mid Cap

  • July 23, 2025

    Dolphin Co. Unit Nears Court Approval Of Bid Procedures

    A Delaware bankruptcy judge said Wednesday she will approve the bidding procedures that an insolvent subsidiary of The Dolphin Co. proposed for a sale of all its assets, once the debtor makes certain revisions to its requests.

  • July 23, 2025

    Charter School Funder's Creditor Blasts Ch. 11 Depo Bid

    Charter School Capital Inc.'s largest unsecured creditor has asked a Delaware bankruptcy judge to throw out the debtor's bid to depose its principal, arguing the request is "obvious retaliation against" the investor's attempt to slow the charter school funding firm's proposed sale process.

  • July 23, 2025

    Stablecoin Law Risks Instability For Crypto Bankruptcies

    Legislation enacted this past week to regulate payment stablecoins features some of the most significant changes to U.S. bankruptcy law in two decades, providing coinholders with first-priority claims in certain insolvency cases in a way that risks sowing dysfunction in bankruptcy proceedings, experts told Law360.

  • July 23, 2025

    Perkins Coie Guides $154M NYC Hotel Sale

    An entity connected to hospitality management and ownership company GF Hotels & Resorts sold off a New York City hotel to an entity connected to real estate company Hawkins Way Capital, in a $154.5 million deal advised by Perkins Coie LLP, according to official property records.

  • July 22, 2025

    States, Asbestos Claimants Seek Claim Purge Block In Del.

    An attorney for companies embroiled in asbestos injury suits urged a Delaware vice chancellor Tuesday to block plans by asbestos bankruptcy claims trusts to begin routine destruction of exposure-related data, arguing that the move would cut off a potential last-resort source of information.

  • July 22, 2025

    WilmerHale Can Advise 23andMe Ch. 11 Data Ombudsman

    A Missouri bankruptcy judge ruled Tuesday that 23andMe's consumer privacy ombudsman can hire WilmerHale, finding the firm's work for a would-be buyer of the genetic testing company's assets hadn't impacted its representation of the ombudsman.

  • July 22, 2025

    Pet Care App Wag! Can Tap $4M Of $6.5M DIP Loan

    A Delaware bankruptcy judge on Tuesday granted interim approval for pet care app company Wag! to gain access to $4 million in postpetition financing, backed by its prepetition lender, which would support the company's continued operations and the consummation of its reorganization plan.

  • July 22, 2025

    Ch. 11 Judge Escapes Energy Drink Co. Founder's Bias Suit

    A Florida bankruptcy judge was freed Tuesday from a suit alleging he was biased while presiding over the Chapter 11 case of the company behind Bang energy drinks. 

  • July 22, 2025

    Catching Up With New Bankruptcy Case Action

    A medical testing device manufacturer hit Chapter 11 in Texas with plans for a debt-equity swap. A pet care app firm entered bankruptcy in Delaware with hopes of completing a quick, prepackaged restructuring. And a work wear company filed a Chapter 11 petition in New Jersey, blaming its lender for its financial woes.

  • July 22, 2025

    Meet The Judge Joining the EDNY Bankruptcy Bench

    Long Island bankruptcy attorney Sheryl P. Giugliano will be joining the bankruptcy bench for the Eastern District of New York, the U.S. Court of Appeals for the Second Circuit has announced.

  • July 21, 2025

    Gov't IT Provider Can Hire Cullen And Dykman For Ch. 11

    A New York bankruptcy judge on Monday gave approval to bankrupt information technology company Sysorex Government Services Inc. to retain Cullen and Dykman LLP as bankruptcy counsel and to sell its business for $8.5 million with the goal of liquidating in Chapter 11.

  • July 21, 2025

    Catching Up With Delaware's Chancery Court

    Last week at the Delaware Court of Chancery, a major settlement between Meta Platforms Inc. and its investors reached on the proverbial courthouse steps during day two of a trial ended an $8 billion-plus suit accusing the company's directors and officers of breaching privacy regulations and corporate fiduciary duties tied to allegations dating to the Cambridge Analytica scandal more than a decade ago.

  • July 21, 2025

    Pet Care App Wag! Plans To Go Private In Ch. 11

    The pet care app Wag! filed for bankruptcy on Monday, saying it expects to have a prepackaged restructuring plan confirmed in just over a month that will transfer ownership of the publicly traded company to its secured lender.

  • July 21, 2025

    Court Says Cash Is Prime Core's, OKs Payout Scheme

    A Delaware bankruptcy judge has sided with the administrator of cryptocurrency custodian Prime Core's Chapter 11 wind-down plan in a dispute over whether the debtor's assets were so intermixed with creditor funds that it all had to be treated as estate property, and approved a request to pay claims by exchanging crypto holdings for fiat currency.

  • July 21, 2025

    Monster.com Ch. 11 Auction Brings In $69M In Offers

    CareerBuilder + Monster, an online job search platform, said the winning offers from its Chapter 11 auction for three business divisions totaled $68.6 million, almost double the $35.5 million total of stalking horse offers approved in its Delaware bankruptcy.

  • July 21, 2025

    Experts Urge Sub V Reform, Danimer Scientific To Exit Ch. 11

    A group of judges and bankruptcy professionals pressed for changes to Subchapter V eligibility caps and student loan discharge rules. Meanwhile, BigLaw's dominance in bankruptcy continues, a shift that began with the 1978 Bankruptcy Reform Act. And Danimer Scientific's uncontested Chapter 11 liquidation plan moved forward following an asset sale. This is the week in bankruptcy. 

  • July 21, 2025

    Montessori School Group Can Tap Full $8M Ch. 11 Loan

    The company that once oversaw the world's largest network of Montessori schools received a Texas bankruptcy judge's final approval Monday for its debtor-in-possession loan, as it looks to secure confirmation of a Chapter 11 plan grounded in a restructuring support agreement with a prepetition investor that is sponsoring the reorganization.

  • July 21, 2025

    Top 4 Texas Cases To Watch: A Midyear Report

    Several major cases are taking shape in the Lone Star State, including the Southwest Airlines Pilots Association's suit seeking to hold Boeing accountable for lost revenue after the 737 Max was grounded, as well as the continuing fallout of a former Houston judge's romance scandal that could cost a Texas firm millions of dollars. Here's a look at the top cases to watch in Texas through the rest of the year.

  • July 18, 2025

    Law360 Names 2025's Top Attorneys Under 40

    Law360 is pleased to announce the Rising Stars of 2025, our list of more than 150 attorneys under 40 whose legal accomplishments belie their age.

  • July 18, 2025

    Real Estate Recap: Budget, 2025 Deals, Coney Island Gamble

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including real estate attorney perspectives on the new federal budget, the law firms that guided the biggest deals of 2025's first half and why one BigLaw attorney is betting on a Coney Island development.

  • July 18, 2025

    Tx. Judge OKs Tommy's Boats To Set Sail On Ch. 11 Plan

    A Texas bankruptcy judge Friday approved a reorganization plan for boat and water sports retailer Tommy's Boats filed by its chapter 11 trustee, overruling objections from its former CEO.

  • July 18, 2025

    Ex-CEO Again Pushes For Standing In Judge Romance Case

    The former CEO of a defunct barge company has again urged a court to rule that he has standing to sue over a former bankruptcy judge's secret romance with an attorney, writing in a supplemental filing that "certain issues" had "not been fully briefed."

  • July 18, 2025

    6th Circ. Won't Revive Ex-Ruby Tuesday Execs' Benefits Fight

    The Sixth Circuit refused to reopen a suit from former Ruby Tuesday managers and executives alleging Regions Bank inadequately protected their retirement plan benefits that were liquidated in bankruptcy, concluding a lower court was right to end the case in the bank's favor.

  • July 18, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges will guide hearings in the coming days that concern issues including Nikola's Chapter 11 plan and disclosures, a youth mental health provider's plans for a real estate sale, and Rite Aid's proposed lease sales.

  • July 18, 2025

    New Texas Law School Dean Talks Path In Legal Education

    In his own story as the son of migrant farm workers and the first person of color to lead the South Texas College of Law in Houston, Reynaldo "Rey" Anaya Valencia sees a "vision of where South Texas sees itself going into the 21st century."

Expert Analysis

  • Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

  • 9th Circ. Has Muddied Waters Of Article III Pleading Standard

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    District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.

  • Competing In Modern Pentathlon Makes Me A Better Lawyer

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    Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.

  • Law School's Missed Lessons: Teaching Yourself Legal Tech

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    New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.

  • How AI May Reshape The Future Of Adjudication

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    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

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    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

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    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • Law School's Missed Lessons: Appreciating Civil Procedure

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    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • How Attorneys Can Become Change Agents For Racial Equity

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    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.

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