Mid Cap

  • February 20, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy courts are set to tackle issues ranging from whether Saks Global's Chapter 11 precludes a landlord from reclaiming properties, MMA Law's plan to sell tort claim interests to another law firm, and Tilson Technology Management Inc.'s request to conclude its Chapter 11 case.

  • February 20, 2026

    Norcold Ch. 11 Plan Approved After Trustee Change

    A Delaware bankruptcy judge signed an order confirming the Chapter 11 plan of recreational vehicle refrigerator maker Norcold LLC Friday after the company filed update plan documents reflecting a change to the liquidating trustee.

  • February 20, 2026

    The Rise Of 'Good' Forum Shopping In Global Bankruptcy

    Companies with oppressive levels of debt are increasingly skipping Chapter 11 and restructuring overseas to obtain relief unavailable under U.S. bankruptcy law, using what some foreign courts and experts have called "good forum shopping" to select a preferred venue while keeping their operating business safe at home.

  • February 20, 2026

    Beasley Allen Can't Pause NJ Talc DQ Order, Judge Rules

    The Beasley Allen Law Firm can't delay an order disqualifying it from representing hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder while it seeks review from the New Jersey Supreme Court, a state judge ruled on Friday.

  • February 20, 2026

    Aleon Approved For Ch. 11 Plan Vote Solicitation

    Bankrupt recycler Aleon Metals LLC received conditional approval of its Chapter 11 plan disclosure statement Friday in a Texas court, clearing the way for the company to solicit creditor votes on the joint proposal of the debtor and its official committee of unsecured creditors.

  • February 20, 2026

    Pryor Cashman Appoints Bankruptcy Chair To Exec Committee

    Pryor Cashman LLP announced that an experienced attorney who has served in leadership roles in his nearly 20 years with the firm has been elected to a three-year term as a member of its executive committee.

  • February 20, 2026

    Simpson Thacher Plans Dallas Launch, Adds Capital Practice

    Simpson Thacher & Bartlett LLP is planning to plant a second flag in the Lone Star State with a shop in Dallas after launching a capital structure solutions practice with a New York-based partner who came aboard from Kirkland & Ellis LLP at the helm.

  • February 20, 2026

    Village Roadshow Gets OK For Vote On Liquidation Plan

    A Delaware bankruptcy judge Friday gave Village Roadshow, the film producer behind "The Matrix" and "Ocean's Eleven," permission to send its Chapter 11 liquidation plan out for a creditor vote, overriding objections from the U.S. Trustee's Office to the plan's third-party releases.

  • February 19, 2026

    How The Camden Diocese Reached A $180M Abuse Deal

    In agreeing to pay $180 million to a trust for clergy sexual abuse survivors, the Roman Catholic Diocese of Camden, New Jersey, and its insurers took a big step toward ending a longtime dispute that put bankruptcy proceedings at the center of victim compensation.

  • February 19, 2026

    Under The Radar: Bankruptcy News You May Have Missed

    Two former executives at Mobileum Inc., which went through bankruptcy in 2024, were charged by federal prosecutors with fraud tied to the company's $915 million sale about two years before. Meanwhile, a group of noteholders raised concerns about telecom company Oi SA's sale plans in Brazil, and PosiGen was hit with objections to its Chapter 11 plan ahead of a confirmation hearing next week.

  • February 19, 2026

    Flavored Air Co. Seeks Ch. 15 Nod In Nevada After Settlement

    A Canadian flavored air device company is asking a Nevada bankruptcy judge to recognize the Canadian insolvency proceedings it began earlier this month after falling behind in payments from the settlement of a U.S. trademark infringement suit.

  • February 19, 2026

    Norcold Ch. 11 Plan Approved, But Trustee Pick Causes Delay

    A Delaware bankruptcy judge signaled his intent to confirm the proposed liquidating plan of recreational vehicle refrigerator distributor Norcold LLC on Friday, but raised concerns with the choice of liquidating trustee under that plan that led him to delay signing a confirmation order.

  • February 19, 2026

    Rent-To-Own Retailer Buddy Mac Gets OK For Ch. 11 Sales

    A Texas bankruptcy judge Thursday said she would sign off on rent-to-own retailer Buddy Mac Holdings' two Chapter 11 sales, bringing in $1.1 million in cash and a credit bid from its secured lender.

  • 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

    Woman Asks Justices For Relief From Tax Preparer's Fraud

    A woman facing more than $300,000 in tax bills because her return preparer committed fraud on her filings decades ago asked the U.S. Supreme Court to overturn the Third Circuit's finding that she is responsible, saying it unfairly allows the IRS to bypass the statute of limitations.

  • 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

    Bang Energy's Founder Denied Stay Of Adversary Suit

    A Florida bankruptcy judge denied a bid to halt an adversary lawsuit alleging that misconduct from the founder of Bang Energy drinks left his company insolvent, saying on Wednesday that no irreparable harm was shown without a stay and that a request for a stay is overly broad. 

  • February 18, 2026

    CarePoint Says Cigna Underpaid Hospitals By $115M

    The litigation trust established by the bankrupt operator of three New Jersey hospitals on Wednesday filed a suit against Cigna in Delaware bankruptcy court, accusing the health insurer of underpaying the hospitals by nearly $115 million.

  • 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

    State Law Matters More For Bankruptcy Tolling, NC Justices Told

    A real estate rental agency told North Carolina's high court Wednesday that it didn't miss its chance to collect a $507,000 debt because a decade-long statute of limitations period for judgment renewal was tolled by the debtor's bankruptcy.

  • February 18, 2026

    Buddy Mac Cancels Auction After Two Bids Received

    Rent-to-own furniture and appliance retailer Buddy Mac Holdings said it had received two offers for its assets, but that its stalking horse bidder decided not to bid on the assets being sought by new bidder SKC Enterprises, making an auction unnecessary.

  • February 18, 2026

    US Trustee Challenges 'Matrix' Producer Bankruptcy Plan

    The U.S. Trustee's Office has urged the Delaware bankruptcy court to block Village Roadshow's attempt to solicit votes on its Chapter 11 liquidation plan, arguing that sweeping third-party releases in the film and television production company's reorganization proposal are unlawful and inadequately disclosed to creditors.

  • February 18, 2026

    Talc Lawsuits Force Mining Co. Into Ch. 11 With Sale Plan

    Vanderbilt Minerals, which mines and processes clay and other materials, has filed for Chapter 11 bankruptcy protection, citing an increase in lawsuits over alleged cancer-causing asbestos in its products.

  • February 18, 2026

    Meet The Attorneys Piloting FLOAT Alaska's Ch. 11

    A trio of Saul Ewing LLP lawyers is helping regional air operator FLOAT Alaska LLC and affiliates navigate a course through bankruptcy that aims to avoid a piecemeal liquidation.

Expert Analysis

  • Striking A Balance Between AI Use And Attorney Well-Being

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    As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.

  • Being An Artist Makes Me A Better Lawyer

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    My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.

  • Bankruptcy Decision Exemplifies Venue Issue For Franchisees

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    A California bankruptcy court's decision earlier this month in Pinnacle Foods and a lingering circuit split on assumption of executory franchise contracts highlights the issue of whether franchisee debtors can qualify for case venue in friendlier circuits, says David Gamble at Parkins Rubio.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

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    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

  • Judicial Committee Best Venue For Litigation Funding Rules

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    The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.

  • The Strategic Advantages Of Appointing A Law Firm CEO

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    The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.

  • What Being An 'Insider' Means In Ch. 11, And Why It Matters

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    As borrowers grapple with approaching near-term maturities on corporate debt, lenders should be proactive in mitigating the risks of being classified as an insider in potential bankruptcies, including heightened scrutiny, preference risk, plan voting and more, say David Hillman and Steve Ma at Proskauer.

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

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    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

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    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

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    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

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    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

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    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

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    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.

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