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Expert Analysis

Adapting To Private Practice: From DOJ Leadership To BigLaw

The move from government service to private practice can feel like changing one’s identity, but as someone who has... (more story)

Law Firm Executive Orders Create A Legal Ethics Minefield

Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or crimina... (more story)

Firms Must Embrace Alternative Billing Models Or Fall Behind

As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market... (more story)

Large Cap More

Avison Young's Miami Team Thrives In Full-Court Press

When a high-profile piece of property lands in the middle of a court case in Florida, there's a good chance the phone will soon be ringing in global real estate advisory firm Avison Young's Miami office.

PE Firm TPG Wants Endo Trust's Transfer Suit Tossed

Private equity firm TPG Capital is seeking the dismissal of a lawsuit that aims to claw back billions of dollars reaped in an allegedly unfair deal with Endo International PLC before the drugmaker went bankrupt.

Baltimore Diocese Abuse Claimants Sue Over Immunity Bid

Childhood sex abuse claimants are suing the bankrupt Archdiocese of Baltimore in a bid to stop the Catholic organization from using a charitable immunity defense to avoid paying claims that aren't covered by t... (more story)

Ex-Morgan Lewis Bankruptcy Leader Joins Moore & Van Allen

Following more than a decade at Morgan Lewis & Bockius LLP, the firm's former bankruptcy, restructuring and insolvency co-head has joined Moore & Van Allen PLLC as a member.

InterCement Gets Ch. 15 Recognition Of Brazil Restructuring

A New York bankruptcy judge on Tuesday recognized cement supplier InterCement's reorganization efforts in Brazil, overruling an objection from an ad hoc group of New York noteholders that said a subsidiary's r... (more story)

Northvolt's Ch. 11 Ends Amid Swedish Parent's Insolvency

A Texas bankruptcy judge on Tuesday agreed to dismiss the Chapter 11 cases of electric vehicle battery maker Northvolt AB at the company's request, after its parent commenced a bankruptcy case in Sweden.

Talc Claimants Tell 3rd Circ. Whittaker Couldn't File Ch. 11

Talc injury claimants on Tuesday asked the Third Circuit to dismiss Whittaker Clark & Daniels' Chapter 11 case, saying a South Carolina state judge had given control of the talc supplier to a receiver six week... (more story)

Hooters Hits Ch. 11 With Plans For Restaurant Sales

Restaurant chain Hooters filed for Chapter 11 protection in a Texas bankruptcy court late Monday with about $380 million in debt, saying it has reached a deal to shed its company-owned restaurants and trade debt for equity.

J&J Talc Spinoff's Ch. 11 Case Gets Tossed, Erasing $9B Deal

A Texas bankruptcy judge rejected Johnson & Johnson's third attempt to use Chapter 11 to settle thousands of claims that its products caused cancer, dismissing J&J unit Red River Talc's Chapter 11 case on Mond... (more story)

FTX Seeks Alternative Service In $1.76B Binance Suit

The recovery trust created under the Chapter 11 plan of defunct cryptocurrency exchange FTX has asked the Delaware bankruptcy court for permission to serve people and entities related to Binance Holdings via a... (more story)

Mid Cap More

Hooters Can Tap $5M Of Its $40M In Proposed Ch. 11 Loans

Bankrupt restaurant chain Hooters of America LLC can access $5 million in interim financing from a $40 million debtor-in-possession package from its prepetition lenders as it transitions to a franchise-only mo... (more story)

Aspiration Partners Gets Interim OK For Ch. 11 Financing

Sustainability-focused financial services provider Aspiration Partners Inc. on Wednesday secured the Delaware bankruptcy court's interim approval to tap $2.2 million of an $18 million Chapter 11 financing faci... (more story)

Kal Freight Looks To Push Out Ch. 11 Exit By One Week

California trucking group Kal Freight Inc. is looking to bump out its Chapter 11 plan effective date as it works to return trucks and trailers to lenders, its attorneys told a Texas bankruptcy judge Wednesday.

9th Circ. Doubts Bang Energy Founder's $272M Verdict Appeal

A Ninth Circuit panel expressed skepticism Wednesday about an attempt to undo Monster Beverage Corp.'s $272 million false advertising trial win against the founder of Vital Pharmaceuticals Inc., the now-defunc... (more story)

NJ Event Venue Avoids Ch. 11 Dismissal

A New Jersey bankruptcy judge on Wednesday declined to throw out or convert the bankruptcy case of a restaurant and event venue business called The Chariot, after the debtor said in a recent pleading that its ... (more story)

Chester, Pa., Ch. 9 Document Dispute Won't Wait For Appeal

A Pennsylvania bankruptcy judge on Wednesday scuttled a request from the Chester Water Authority for a stay pending appeal of an order to produce documents to the bankrupt city of Chester, saying the utility h... (more story)

CarePoint's Bankruptcy Plan Needs Changes, Judge Says

A Delaware bankruptcy judge determined on Tuesday that more work is needed on the Chapter 11 plan from New Jersey hospital operator CarePoint that would have handed control of the health system's medical facil... (more story)

Heritage Coal OK To Use Lender Cash Amid Settlement Effort

A Delaware bankruptcy judge on Tuesday approved Heritage Coal owner KTRV's bid to continue using cash to support its operations as the company works to strike a settlement with secured lender Bedrock Industries.

Ariz. Developer, Son Charged In $280M Sports Park Fraud

An Arizona developer and his son tricked bondholders into investing $280 million in a Phoenix-area youth sports park by falsely promising "100% occupancy prior to breaking ground" in part via the use of forged... (more story)

Royalty Committee Bid Shelved In Scanrock Oil Ch. 11

A Texas bankruptcy judge said Monday that a committee to represent mineral rights owners in Scanrock Oil & Gas Inc.'s Chapter 11 isn't currently needed but that he would revisit a request to form one at a later date.