Expert Analysis

How Associates Can Build A Professional Image

As hybrid work arrangements become the norm in the legal industry, early-career attorneys must be proactive in bui... (more story)

Yellow Corp. Lease Assumption Shows Landlord Protections

Yellow Corp.’s recent filing of a motion to assume unexpired leases is a helpful reminder to practitioners to main... (more story)

Insurers Have A Ch. 11 Voice Following High Court Ruling

The U.S. Supreme Court's recent ruling in Truck Insurance Exchange v. Kaiser Gypsum — which reaffirmed a broad def... (more story)

Large Cap More

FDIC Expands Requirements For Big-Bank Resolution Plans

The Federal Deposit Insurance Corp. on Thursday adopted expanded resolution-planning requirements for large banks and approved a measure intended to cut down on delays in the agency's handling of bank merger applications.

Robertshaw Broke Invesco Loan, But Deal Lives, Judge Says

A Texas bankruptcy judge ruled Thursday that transactions executed in December by Robertshaw breached its existing loan from an Invesco subsidiary, but otherwise sided with the appliance parts maker on the rem... (more story)

Chancery Preserves Most Of Hertz Shareholder Buyback Suit

Several Hertz directors who authorized $4 billion in stock buybacks in 2022 that vaulted a private equity-based shareholder into a controlling position will have to face claims in Delaware's Court of Chancery ... (more story)

Insurers Say Rite Aid Ch. 11 Plan Impairs Contractual Rights

A group of insurers that issued policies to Rite Aid Corp. opposed the company's Chapter 11 plan in New Jersey bankruptcy court, saying in an objection that the plan would undercut the insurer's contractual ri... (more story)

Boies Schiller Tapped To Represent Ex-Judge In Romance Suit

A former Texas bankruptcy judge has brought on Boies Schiller Flexner LLP attorneys to defend him against a racketeering lawsuit from a barge business over his undisclosed romantic relationship with a then-Jac... (more story)

Sandy Hook Families Urge Judge To Reject Alex Jones Appeal

The parents of children murdered in the Sandy Hook Elementary School shooting told a Houston federal judge on Tuesday the fact they were citing the same precedents as conspiracy theorist Alex Jones is evidence... (more story)

How Cooperation Contracts Can Ease Disorder In Loan Trades

Significant challenges to settling trades can arise when lenders of syndicated bank loans enter into defense-oriented cooperation agreements, which are growing in popularity, but working through these issues o... (more story)

J&J Fights Law Firm's Bid To Nix Subpoenas In Talc Brawl

Information about the Beasley Allen Law Firm's litigation funding and settlement communications is relevant and necessary to resolving long-running multidistrict litigation over Johnson & Johnson's talcum powd... (more story)

San Diego Diocese ReEnters Ch. 11 Over Sex Abuse Claims

The Roman Catholic Diocese of San Diego has reentered Chapter 11 in a California bankruptcy court, saying it is facing more than $100 million in liabilities from more than 450 new sexual abuse claims filed in recent years.

Firms Must Rethink How They Train New Lawyers In AI Age

As law firms begin to use generative artificial intelligence to complete lower-level legal tasks, they’ll need to consider new ways to train summer associates and early-career attorneys, keeping in mind the fi... (more story)

Mid Cap More

Cancer Test Company DermTech Gets 1st Day Approvals

Bankrupt California-based dermatologic test maker DermTech Inc. won approval on Thursday for a series of first-day Chapter 11 motions, including to continue paying providers of electricity, internet and other ... (more story)

Spinal Implant Maker Can Liquidate Under Ch. 11 Plan

A Delaware bankruptcy judge agreed Thursday to approve the Chapter 11 liquidation and wind-down plan of biotechnology developer InVivo, which reported it landed a buyer for its spinal cord implant technology f... (more story)

Ex-ITT Students Net $12M Win In Predatory Lending Scheme

A California federal judge has ordered loan servicer Vervent Inc. to pay $12 million to ex-students of bankrupt for-profit college ITT Education Services Inc. for Vervent's role in an alleged predatory lending... (more story)

US Trustee Says Bittrex Still Owes Sanctioned Creditors

The U.S. Trustee asked a Delaware judge not to close the Chapter 11 case of crypto exchange Bittrex Inc., arguing that the estate must first get government permission to settle up with creditors in countries u... (more story)

Judge Skeptical Of Houston Developer's $2M DIP Bid In Ch. 11

The insolvent developer of an almost-finished apartment building in Houston hit a hiccup Tuesday during its first-day hearing in a Texas bankruptcy court, where a judge indicated the company did not present en... (more story)

Judge Will OK Disclosures For 3 Plans In Eletson Ch. 11

A New York bankruptcy judge said Tuesday he will approve disclosure statements detailing three competing Chapter 11 plans proposed in the bankruptcy of shipping company Eletson Holdings Inc. after some revisio... (more story)

Biotech Co. NanoString Gets OK On Ch. 11 Wind Down Plan

NanoString Technologies Inc., a Seattle-based maker of gene analysis technology, can use proceeds from the $393 million sale of its business to repay nearly all creditors in full after a Delaware bankruptcy ju... (more story)

Aircraft Co. Icon's Ch. 11 Sale Cleared With Higher Price

Light-sport aircraft producer Icon received a Delaware bankruptcy court's approval Tuesday for a nearly $15.8 million sale of its assets after securing an agreement to increase the price by $250,000, just hour... (more story)

Kristen Bell's Baby Co. Gets OK For Ch. 11 Plan

A Delaware bankruptcy judge on Tuesday confirmed the Chapter 11 plan for Unconditional Love Inc., the baby-product company founded by actress Kristen Bell that does business as Hello Bello, as it prepares to w... (more story)

Cancer Test Company DermTech Hits Ch. 11, Seeking Sale

California-based dermatologic test maker DermTech Inc. hit Chapter 11 Tuesday in Delaware and said it would be laying off about 20% of its workforce as it seeks to sell its assets.