Bankruptcy

  • July 07, 2026

    Pryor Cashman Adds Simpson Thacher Atty To Litigation Team

    Pryor Cashman LLP said Tuesday it has continued growing its litigation group with a longtime Simpson Thacher & Bartlett LLP lawyer, who has represented "some of the most prominent names in private equity and finance," the firm said.

  • July 07, 2026

    Feds Aim To Block Expert In Trial Over Threats To Judges

    The government is seeking to block a defense expert from testifying about prosecutorial charging policies and procedures in an upcoming trial in Pennsylvania federal court for a man accused of threatening to kill judges.

  • July 07, 2026

    Nevada Solar Plant Gets OK For Ch. 11 Wind-Down Plan

    A Delaware bankruptcy judge Tuesday approved the wind-down plan of a Nevada solar plant operator after hearing creditors dropped their request to appoint a trustee to investigate the company's management.

  • July 06, 2026

    Ex-SVB Exec Recounts Pressure For 'More Yield' At FDIC Trial

    Silicon Valley Bank's ex-head of corporate investments and capital markets testified in a deposition shown during a California federal bench trial Monday over the FDIC's claims the bank's brass mismanaged its assets, saying that he felt pressure from the bank's then-chief financial officer to add riskier, higher-yielding assets to the bank's securities portfolio.

  • July 06, 2026

    DCG Can Send Crypto Securities Question To 2nd Circ.

    A Connecticut federal judge gave Digital Currency Group and its executives the green light to ask the Second Circuit whether certain cryptocurrency lending agreements amount to securities, waving on an appeal of a February order that kept alive a proposed class action over the collapse of DCG's crypto lending subsidiary.

  • July 06, 2026

    Ex-MLB Star Files Ch. 11 After Federal Gambling Conviction

    Former Major League Baseball player Yasiel Puig filed a Chapter 11 bankruptcy case in Florida with at least $1 million of debt several months after a California federal court jury found him guilty of lying to investigators about his participation in an illegal gambling operation.

  • July 06, 2026

    The Moments That Shaped The Monsanto Decision

    U.S. Supreme Court justices forged unusual alliances when they ruled a federal statute preempts claims Monsanto failed to warn consumers its Roundup weed killer may cause cancer. Oral arguments provided insights on the 7-2 outcome, highlighting issues the jurists were grappling with and showcasing rationales that found their way into the opinion.

  • July 06, 2026

    After Tense Terms, Hints Of High Court Harmony With Circuits

    Following several U.S. Supreme Court terms teeming with reversals and rebukes of lower appeals courts, the justices this term found fault less often with rulings by circuit judges, who are likely becoming better attuned to the conservative supermajority, attorneys say.

  • July 06, 2026

    The Funniest Moments Of The Supreme Court's Term

    When one of the U.S. Supreme Court's most talkative members suddenly struggled to speak, the atmosphere at oral arguments grew increasingly anxious — until the justice deadpanned that it was an advocate's golden opportunity to avoid a grilling.

  • July 06, 2026

    Guo Daughter Faces Daily Fines For Unpaid Trustee Fees

    Chinese exile Miles Guo's daughter has been found in civil contempt and fined $1,000 per day until she reimburses the trustee handling her father's Chapter 11 estate nearly $371,900 in fees and costs arising from litigation over $13.5 million in private jet sale proceeds.

  • July 06, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week handled disputes involving arbitration, corporate control, advancement rights, freeze-out mergers and insolvent company wind-downs.

  • July 06, 2026

    Data Co. Founder's $25M Fraud Trial Set For January

    A Manhattan federal judge on Monday set a January trial date for the founder of California data company Near Intelligence on charges that he conspired to inflate revenues by $25 million, but heard that he is engaging in plea negotiations.

  • July 06, 2026

    LA's Pacifica Hospital Of The Valley Files $100M+ Ch. 11

    Pacifica Hospital of the Valley, a 231-bed Los Angeles hospital, has filed for Chapter 11 protection in Delaware bankruptcy court with more than $100 million in liabilities.

  • July 02, 2026

    The Firms That Won Big At The Supreme Court

    This U.S. Supreme Court term featured high-stakes oral arguments on issues including presidential power, immigration and voting regulations. Here's a look at the law firms that argued the most cases and how they fared.

  • July 02, 2026

    The Sharpest Dissents From The Supreme Court Term

    The sharpest dissents this term often involved the president, and pitted conservative and liberal justices against each other on core constitutional issues and questions about the limits to executive power, with nearly a quarter of cases being decided squarely along ideological lines.

  • July 02, 2026

    The Year Donald Trump Won Big At The High Court

    The Supreme Court's conservative supermajority and President Donald Trump largely aligned this year on issues of executive power, resulting in a series of decisions that significantly expanded presidential authority.

  • July 02, 2026

    SVB's CEO Was Paid Millions As Risk Rating Slid, Judge Told​​​​

    Silicon Valley Bank's ex-CEO testified Thursday during a California federal bench trial over the FDIC's claims that the bank's brass mismanaged its assets, acknowledging during a tense examination that he received multimillion-dollar payouts and sold nearly $30 million in stock while regulators downgraded SVB's risk management rating ahead of its collapse.

  • July 02, 2026

    YPF Investors Fight Argentina Over Discovery In $16B Case

    As investors in Argentine oil and gas exploration company YPF SA gear up for a multibillion-dollar arbitration against Argentina, disputes still remain over exactly what discovery from a parallel proceeding in New York can be used in the arbitration.

  • July 02, 2026

    Spirit Lines Up $630M Ch. 11 Stalking Horse Bid For 27 Aircraft

    Defunct budget air carrier Spirit Airlines asked a New York bankruptcy judge to approve Chapter 11 auction procedures for 27 aircraft, with a $630 million stalking horse bid from a secured creditor setting the floor.

  • July 02, 2026

    Breaking Down The Vote: The High Court Term In Review

    The U.S. Supreme Court's stark ideological divisions were on full display this term, particularly as it issued long-awaited rulings in the last few days of June. Here, Law360 dives into the numbers behind this court term.

  • July 01, 2026

    'I Would've Been Fired': FDIC Expert Pans SVB's Risk-Taking

    The FDIC's banking expert testified in a California federal bench trial Wednesday that Silicon Valley Bank violated prudent banking standards by mismanaging assets before it collapsed, saying officers knew SVB was taking excessive risks but did not stop, adding that "I would've been fired" if he had managed his bank's assets the same way.

  • July 01, 2026

    Dish Ch. 11 Timeline Slowed After Tower Cos.' Objections

    A Texas bankruptcy judge slowed down Wednesday the prepackaged Chapter 11 cases from video distribution entities owned by EchoStar Corp., including Dish TV and Sling TV, after cell tower companies and the U.S. Trustee's Office took issue with the expedited timeline.

  • July 01, 2026

    Judge To Approve $40M Sale Of Texas A&M Data Center

    A Texas bankruptcy judge said Wednesday that he would approve a sale of a data and research center affiliated with Texas A&M University, RELLIS Campus Data and Research Center LLC, to AI software company ThisWay Global Inc. for $40 million.

  • July 01, 2026

    Genesis Beats JV Partner's Challenge To $1B Sale In Ch. 11

    A Texas bankruptcy judge has rejected an objection to Genesis Healthcare's $1 billion sale of its 175 nursing homes, ruling that a joint venture partner cannot scuttle the deal by invoking a partnership agreement for a Maryland nursing home.

  • July 01, 2026

    Troutman Adds Sidley Bankruptcy Pro In Dallas

    Troutman Pepper Locke has strengthened its bankruptcy and restructuring practice with a seasoned Dallas-based partner who came aboard from Sidley Austin LLP.

Expert Analysis

  • Series

    NY Times Word Puzzles Make Me A Better Lawyer

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    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

  • Series

    Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • Becoming The Biz-Savvy GC That Portfolio Companies Need

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    Candidates for general counsel roles at private equity-backed portfolio companies should prioritize proving their sector-specific experience, commercial judgment and ease with uncertainty — and attorneys hoping to be candidates in five to 10 years should start working on those skills now, says Dimitri Mastrocola at Major Lindsey.

  • Nielsen Appeal Tests Antitrust Limits Of Pricing And Bundling

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    In Cumulus v. Nielsen, the Second Circuit is considering a structural pattern in which a monopolist exploits upstream market power to foreclose downstream competition, which could potentially offer broad insight into how courts will assess exclusionary bundling and pricing defenses under antitrust law, says Luke Hasskamp at Bona Law.

  • Ch. 11 Ruling Raises Bar For Avoiding Default Interest

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    Following a New York bankruptcy court's recent decision in 33 Mako, solvent debtors may find it significantly harder to avoid paying contractual default interest to oversecured lenders under Section 506(b) of the Bankruptcy Code, say attorneys at Benesch.

  • Series

    Judges On AI: How Courts Can Survive The Tech Revolution

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    Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • Series

    Playing Basketball Makes Me A Better Lawyer

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    My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

  • How Del. Courts Will Likely Evaluate AI Oversight Claims

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    While no Delaware court has thus far adjudicated a claim based on alleged board failures to oversee artificial intelligence risk, recent Court of Chancery decisions suggest that familiar Caremark principles will be applied in predictable but consequential ways, particularly when AI touches mission‑critical operations, say attorneys at WilmerHale.

  • Series

    The Biz Court Digest: Georgia Court Has Business On Its Mind

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    Thanks to recent legislation, the Georgia State-wide Business Court will soon offer business litigants greater access to the court than ever before, further enhancing the court's emphasis on efficiency, predictability and accessibility for sophisticated commercial disputes, says former GSBC judge Walt Davis at Jones Day.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • GCs Can Read Debt Cycles To Spot Risk, Opportunity

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    With the conflict in Iran among many other factors that are further unsettling the geopolitical and economic environment, general counsel who understand credit risk and the debt cycle can offer a significant competitive advantage to help companies mitigate enterprise risk, says Samuel Keltner at Akin.

  • Heppner Ruling Left AI Privilege Risk For Lawyers Unresolved

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    While a New York federal judge’s recent ruling in U.S. v. Heppner resolved a privilege question surrounding client-side artificial intelligence use, it did not address how to mitigate the risks that can arise when confidential information enters the operative context of an AI system used by an attorney, says Jianfei Chen at Quarles & Brady​​​​​​​.

  • The Ethics And Practicalities Of Representing AI Agents

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    With autonomous artificial intelligence agents now able to take action without explicit instructions from — or the awareness of — their human owners, the bar must confront whether existing frameworks like informed consent and client privilege will be sufficient on the day an AI agent calls seeking counsel, say attorneys at Morrison Cohen.

  • Series

    Speed Jigsaw Puzzling Makes Me A Better Lawyer

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    My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

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