Mid Cap

  • March 13, 2025

    Senate Stablecoin Bill Advances With Democrats Divided

    The Republican-led U.S. Senate Banking Committee advanced its stablecoin framework Thursday with the help of Democrats who broke from ranking member Sen. Elizabeth Warren's opposition, while a separate bill on what is being called debanking passed along party lines.

  • March 13, 2025

    Dormify Gets OK To Tap DIP Funds As It Works Toward Sale

    A Delaware bankruptcy judge on Thursday said he would allow Dormify Inc. to borrow up to $265,000 in Chapter 11 financing as the dorm-room decorating retailer works to secure an agreement to sell its business.

  • March 13, 2025

    ​​​​​​​Alex Jones' Sandy Hook Atty Suspended Over Info Release

    Former Alex Jones attorney Norm Pattis will be suspended from practicing law for two weeks, a Connecticut judge has ruled, capping a three-year ethics saga that started when Pattis asked an associate to send Sandy Hook families' medical records to the Infowars host's Texas bankruptcy lawyer.

  • March 12, 2025

    Calif. Trucking Co. Reaches Settlement And $3M Sale

    A Texas bankruptcy judge said he would approve a global settlement between trucking company Kal Freight Inc., several of its secured lenders and its committee of unsecured creditors, as well as a $3.3 million sale of some of its assets.

  • March 12, 2025

    PetroQuest Wants To Sell $8M Judgment In Ch. 11

    Bankrupt oil and gas company PetroQuest Energy has asked a Delaware bankruptcy judge to approve bidding procedures to sell its rights to an $8 million judgment in its favor against Sanare Energy Partners, hoping the proceeds will hold it over after a $20.6 million asset sale fell through.

  • March 12, 2025

    Pallet Biz Says District Court Can't Weigh Bankruptcy Order

    Pallet company PaLIoT Solutions Inc. told a Michigan federal judge on Wednesday that the issue of whether it violated a bankruptcy court's order regarding trade secrets purchased in a rival company's asset sale has already been decided, while the competitor said its rival is flip-flopping on its arguments.

  • March 12, 2025

    CarePoint Seeks OK For Plan To Hand Off Hospital Operations

    A hospital operator urged a Delaware bankruptcy judge to overrule objections to its Chapter 11 plan, arguing Wednesday that it's the only way to save three critical New Jersey medical facilities.

  • March 12, 2025

    Pa. Coal Co. Auction Gets 2-Week Pause After Value Spike

    A Pennsylvania bankruptcy judge has agreed to allow a pause in the auction of bankrupt Corsa Coal Corp.'s assets after hearing from lawyers in the Chapter 11 case that the machinery, equipment and real estate being sold has recently been appraised for more than the current bids.

  • March 12, 2025

    Inflation, Manufacturing Woes Landed Aerospace Co. In Ch. 11

    Quality control issues stemming from inconsistent manufacturing practices and global inflation spiking inventory costs led Dynamic Aerostructures LLC, a California-based supplier to aerospace companies like Boeing and Lockheed Martin, to seek bankruptcy protection in late February with up to $100 million in debt, according to its court papers.

  • March 12, 2025

    US Trustee Seeks Sanctions Against NY Lawyer

    The federal bankruptcy watchdog asked a New York judge Wednesday to sanction a lawyer who allegedly concealed her conflicts of interest while representing a debtor and a buyer in two separate Chapter 11 cases.

  • March 12, 2025

    Fox Rothschild Hires Lewis Brisbois Litigator In DC

    A trial attorney who spent the past four years at Lewis Brisbois, has moved his practice to Fox Rothschild LLP and told Law360 Pulse in an interview Wednesday that his new role continued a family tradition of Fox Rothschild attorneys stretching back 100 years.

  • March 11, 2025

    Zachry Opposes Nebraska Utility's $38M Administrative Claim

    Bankrupt natural gas contractor Zachry Holdings has objected to a Nebraska public electric utility's administrative claim seeking $38 million in damages for delays in the construction of new generating stations, saying it is too early to seek the claim, and the requested fees exceed the purported damages.

  • March 11, 2025

    Catching Up With New Bankruptcy Case Action

    A business automation firm, a dermatology technology maker and a telecommunications business software group all filed for Chapter 11 with debt-for-equity swap plans. A Tex-Mex restaurant chain filed for Chapter 11 in the face of macroeconomic pressures. An energy industry engineering firm filed for bankruptcy after trade debt bogged down merger or sale efforts. A Missouri car transporter is looking to liquidate in Chapter 7, and two real estate companies filed for Chapter 11 in New York.

  • March 11, 2025

    Judge Questions Authority To Pay Giuliani's Ch. 11 Bill

    A New York bankruptcy judge questioned Tuesday whether he could order former New York City Mayor Rudy Giuliani to sell off real estate to cover claims against his Chapter 11 estate, saying an order dismissing his bankruptcy case included assumptions that didn't come to fruition.

  • March 11, 2025

    Vt. Diocese Creditors Balk At Paying Accused Priests In Ch. 11

    Unsecured creditors of the bankrupt Roman Catholic Diocese of Burlington on Tuesday objected to the debtor continuing to pay pension benefits to retired priests accused of abusing children, saying the diocese's own investigation found the allegations against the two priests were credible.

  • March 11, 2025

    Chester, Pa., Water Authority Seeks Stay Of Ch. 9 Docs Order

    The Chester Water Authority has asked a Pennsylvania bankruptcy court for a stay pending appeal of an order to produce documents to the bankrupt City of Chester, which seeks to sell off the utility's assets, saying the order was unconstitutional.

  • March 11, 2025

    BurgerFi Gets Ok For Ch. 11 Plan Over IRS Objections

    A Delaware bankruptcy judge on Tuesday confirmed the disclosure statement and Chapter 11 reorganization plan for bankrupt restaurant operator BurgerFi International Inc., overruling an objection from the U.S. government on behalf of the Internal Revenue Service regarding tax claims on certain interest fees.

  • March 11, 2025

    Fannie Mae Says Complex Filed Ch. 11 To Duck $73M Loan

    Fannie Mae told a federal court Monday that a Houston apartment complex's Chapter 11 filing was a "tactic" to avoid its obligation to repay a $73 million loan.

  • March 11, 2025

    Dykema Doubles Houston Roster With 7 New Atty Hires

    Dykema Gossett PLLC has expanded in Houston with the addition of seven attorneys, five of whom joined from Kane Russell Coleman Logan PC and two who came aboard from Hirsch & Westheimer PC.

  • March 11, 2025

    Texas Construction Co. Gets Ch. 11 Trustee After Fraud Probe

    A Texas bankruptcy judge on Tuesday signed off on a request to appoint a Chapter 11 trustee to take over the bankruptcy case of Timeline Construction Inc., after the U.S. Trustee's Office said the debtor's sole member appears to have committed fraud, including allegedly providing false financial information to creditors.

  • March 11, 2025

    Container Store Judge To Issue Ruling On Opt-Out Dispute

    A Texas bankruptcy judge said Tuesday he will issue a written opinion on whether the U.S. Trustee's Office can put The Container Store's Chapter 11 plan on hold to appeal the judge's decision that a creditor's failure to opt out of the plan's third-party releases constitutes consent to those releases.

  • March 10, 2025

    White Forest Committee Calls Ch. 11 Loans Insider Deal

    The official committee of unsecured creditors in the Chapter 11 case of coal producer White Forest Resources Inc. objected to the debtor's proposed bankruptcy financing package, saying it is an insider transaction that puts liens on previously unencumbered assets that would no longer be available for unsecured creditor recovery.

  • March 10, 2025

    Insurer Says CarePoint's Ch. 11 Plan 'Fatally Flawed'

    An insurer has asked a Delaware bankruptcy judge to reject CarePoint Health Systems' Chapter 11 plan, saying it is designed to unfairly benefit the debtor's landlord with liability releases.

  • March 10, 2025

    Judge Romance Row Remanded, Ch. 11 Plans Approved

    A Texas federal judge sent part of a dispute over a former bankruptcy judge's secret romance with a onetime Jackson Walker partner back to the court where the disgraced jurist once oversaw high-profile insolvencies, ordering the CEO of a defunct barge operator to seek standing in Texas bankruptcy court.

  • March 10, 2025

    Fulcrum Gets OK For Ch. 11 Plan Disclosure

    A Delaware bankruptcy judge has approved trash-to-gas fuel refiner Fulcrum BioEnergy Inc.'s Chapter 11 plan disclosure statement, which would grant the company's unsecured creditors up to $325 million, ahead of a brief hearing Monday after parties in the case reached a consensus on contentious issues, such as claims against directors and officers.

Expert Analysis

  • An Associate's Guide To Career Development In 2025

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    As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.

  • Making The Pitch To Grow Your Company's Legal Team

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    In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.

  • Justices May Find Gov't Can Keep Fraudulent Transfer Benefit

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    Based on the justices' questions at the recently argued U.S. v. Miller, the Supreme Court appears prepared to hold that the U.S. — unlike any other creditor — is permitted to retain the benefits of a fraudulent transfer to the detriment of other bankruptcy creditors, says Kevin Morse at Clark Hill.

  • When US Privilege Law Applies To Docs Made Outside The US

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    As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in mind, say attorneys at Hunton.

  • What 2024 Trends In Marketing, Comms Hiring Mean For 2025

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    The state of hiring in legal industry marketing, business development and communications over the past 12 months was marked by a number of trends — from changes in the C-suite to lateral move challenges — providing clues for what’s to come in the year ahead, says Ben Curle at Ambition.

  • How The Onion Could Still Buy InfoWars

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    While a Texas bankruptcy judge nixed the sale of InfoWars to The Onion on Tuesday, a slight tweak to the novel mechanism proposed could make the sale approvable, says Christopher Hampson at the University of Florida.

  • Group Running Makes Me A Better Lawyer

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    The combination of physical fitness and community connection derived from running with a group of business leaders has, among other things, helped me to stay grounded, improve my communication skills, and develop a deeper empathy for clients and colleagues, says Jessica Shpall Rosen at Greenwald Doherty.

  • 6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • A Closer Look At SDNY Bankruptcy Rule Amendments

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    The U.S. Bankruptcy Court for the Southern District of New York’s recent amendments to its local rules aim to streamline key Chapter 11 processes, resolve misunderstandings about previous iterations of the rules and urge caution about the use of artificial intelligence, say attorneys at Skadden.

  • FTX Exec's Sentencing Shows Pros And Cons Of Cooperation

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    The sentencing of former FTX tech deputy Gary Wang, whose cooperation netted him a rare outcome of no prison time, offers critical takeaways for attorneys and clients navigating the burgeoning world of crypto-related prosecutions, says Andrew Meck at Whiteford.

  • Gardening Makes Me A Better Lawyer

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    Beyond its practical and therapeutic benefits, gardening has bolstered important attributes that also apply to my litigation practice, including persistence, patience, grit and authenticity, says Christopher Viceconte at Gibbons.

  • Equitable Mootness Insights From Greenlit Ch. 11 Plan Appeal

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    A Texas federal court recently allowed a challenge to ConvergeOne's Chapter 11 bankruptcy plan to proceed because it wouldn't disrupt the IT company's confirmed plan or harm creditors, reinforcing the importance of judicial restraint in applying equitable mootness where limited relief is possible, say attorneys at Parkins & Rubio.

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