Âé¶¹´«Ã½

Mid Cap

  • June 13, 2025

    Real Estate Recap: Builders' Hack, Korean Mezz, Hotel Angst

    Catch up on this past week's key developments by state from Âé¶¹´«Ã½360 Real Estate Authority — including an inside look at California's Builder's Remedy, aggressive moves by South Korean mezzanine lenders, and why one BigÂé¶¹´«Ã½ hospitality leader says hotels are "scared to death." 

  • June 13, 2025

    23andMe Founder's $305M Bid Buys Back Co. In Ch. 11 Sale

    With a winning bid of $305 million, a nonprofit controlled by 23andMe founder Anne Wojcicki beat out Regeneron Pharmaceuticals to purchase the bankrupt company's assets, 23andMe announced Friday.

  • June 13, 2025

    Manhattan Private School Plans Ch. 7 After Loan Impasse

    Counsel for a Manhattan private school told a New York bankruptcy it is planning to convert its case into a Chapter 7 liquidation after it was unable to reach a deal with its secured lender on Chapter 11 financing.

  • June 13, 2025

    ENGlobal OK'd For Ch. 11 Sale And Wind Down Plan

    Engineering firm ENGlobal Corp. on Friday confirmed a Chapter 11 plan to wind down following the sale of its business just over three months after it filed for bankruptcy in Texas.

  • June 13, 2025

    Edgio's Ch. 11 Plan Confirmed After Consensus Reached

    A Delaware bankruptcy judge on Friday approved digital content delivery company Edgio Inc.'s Chapter 11 reorganization plan following a consensual agreement between the debtor, the unsecured creditors committee and prepetition lender Lynrock Lake Master Fund LP.

  • June 13, 2025

    The Supreme Court's Week: By The Numbers

    The U.S. Supreme Court issued six decisions this week, with the justices finding unanimity in four, including ones involving the threshold disabled students must meet in disability discrimination cases against public schools and another over whether the government can escape a Federal Tort Claims Act suit sparked by a mistaken FBI raid. Here, Âé¶¹´«Ã½360 Pulse takes a data-driven dive into the week that was at the U.S. Supreme Court.

  • June 13, 2025

    Jackson Walker, Ex-Judge Facing Class Action Over Romance

    A former bankruptcy judge and Jackson Walker LLP have been hit with another lawsuit over the judge's secret romance with a former firm partner, this time a proposed class action from a group of bondholders of financial company GWG Holdings Inc.

  • June 13, 2025

    Heritage Coal Secures $21.6M Asset Bid In Ch. 11

    Bankrupt mining operation Heritage Coal completed a Chapter 11 auction for its assets late Thursday, with a $21.6 million joint bid emerging as the highest and best offer, according to court filings.

  • June 13, 2025

    Chili's Worker Says Bankruptcy Does Not Doom Wage Suit

    A former Chili's employee's wage and hour lawsuit against the chain's parent company should stay in play, the worker told a California federal court, saying his failure to list the case in his individual bankruptcy proceedings does not mean his case has to be thrown out.

  • June 12, 2025

    Fla. Doc Sues In Del. Alleging Multistate Group Conspiracy

    A Florida doctor and emergency room companies serving departments in Texas, Florida and Oklahoma have sued multiple entities in Delaware's Court of Chancery allegedly involved in an elaborate private equity-tied scheme to duck bans on the corporate practice of medicine.

  • June 12, 2025

    23andMe Ombudsman Not Confident Sale Is Âé¶¹´«Ã½ful

    The privacy expert probing 23andMe's proposed sale of customers' genetic data in bankruptcy told a Missouri federal judge Wednesday that he couldn't determine the deal wouldn't violate state privacy laws and recommended the company be required to obtain consent from its customers before handing over the data.

  • June 12, 2025

    Ch. 11 Creditors Seek Sanctions In $57M Conn. Mortgage Feud

    An unsecured-creditor committee has asked a Connecticut federal bankruptcy judge to sanction a successor to an entity that lent $57 million to the bankrupt real estate and building companies behind a luxury Newtown apartment complex, saying the successor hasn't provided details about the mortgage or several reserves earmarked within it.

  • June 12, 2025

    3rd Circ. Will Reconsider Shipbuilder's Ch. 11 Reopening Bid

    The Third Circuit said Thursday that it will reconsider whether to reopen Congoleum Corp.'s 2003 Chapter 11 bankruptcy so the bankruptcy court, not a district court, can say whether Congoleum affiliate Bath Iron Works should share liability for cleaning up a polluted New Jersey river.

  • June 12, 2025

    Fla.-Based Med Spa Chain Files For Ch. 11 After Expansion

    Contour Spa LLC, a Florida-based chain of fat-burning med spas, filed for Chapter 11 protection after a rapid expansion and a sprawling and decentralized operational system led to financial challenges that ate into revenues.

  • June 12, 2025

    Philly Suburb Retirees Sue Ch. 9 Receiver Over Asset Sale

    A committee of retired city employees sued the Chapter 9 receiver overseeing the city of Chester, Pennsylvania's municipal bankruptcy, arguing that by requiring water system assets be sold to a publicly owned entity, the receiver is forgoing private bids that could generate an extra $270 million for the city's creditors. 

  • June 12, 2025

    Kirkland & Ellis Adds Former Ropes & Gray Deals Atty In NY

    Kirkland & Ellis LLP said Wednesday it has welcomed a corporate partner from Ropes & Gray LLP to its New York office, touting her experience with major deals in sectors such as financial services, software, healthcare, industrials, consumer products and retail.

  • June 12, 2025

    Del. Firm Landis Rath Adds Pachulski Stang Bankruptcy Ace

    Delaware boutique firm Landis Rath & Cobb LLP has brought on a former Pachulski Stang Ziehl & Jones LLP attorney to enhance its ability to advise clients on Chapter 11 and other bankruptcy proceedings and related litigation.

  • June 12, 2025

    Pa. Panel Says Borough Didn't Break Âé¶¹´«Ã½ In Condemning Mall

    A Pennsylvania appellate panel affirmed a decision backing the borough of West Mifflin's condemnation of a local mall, rejecting the property owner's argument that its due process rights were violated.

  • June 12, 2025

    Bar Louie Strikes Deal With Creditors On Ch. 11 Disclosures

    Gastropub chain Bar Louie has told the Delaware bankruptcy court it has reached an agreement with unsecured creditors that could resolve an investor group's challenge to the debtor's Chapter 11 disclosure statement, clearing a key hurdle in its path to securing confirmation of a reorganization plan.

  • June 11, 2025

    23andMe Shows Need For National DNA Data Âé¶¹´«Ã½, Sens. Hear

    Senators from both sides of the aisle expressed interest in passing national consumer data privacy legislation during a Wednesday committee hearing inspired by 23andMe Inc.'s Chapter 11 bankruptcy.

  • June 11, 2025

    IP, Health Âé¶¹´«Ã½ Scholars Object To 23andMe Ch. 11 Data Sale

    A number of university scholars urged a Missouri bankruptcy judge to require that DNA testing company 23andMe Holding Co.'s asset sale be contingent on the final buyer maintaining policies that benefit biomedical researchers.

  • June 11, 2025

    Developer Of Historic Detroit Hospital Campus Files Ch. 11

    The developer of a historic hospital campus in Detroit has launched Chapter 11 proceedings in New York bankruptcy court, listing up to $10 million both in assets and liabilities and disclosing that it fell behind last year on commitments in its agreement with the city.

  • June 11, 2025

    Pharma Real Estate Unit Moves Toward July Ch. 11 Plan Date

    Bedmar LLC, the property lease-holding subsidiary of pharmaceutical manufacturing company National Resilience HoldCo Inc., will seek confirmation of its prepackaged Chapter 11 plan in late July, but a Delaware bankruptcy judge Wednesday said she had concerns about waiving the vote solicitation requirements so early in the case.

  • June 11, 2025

    Lathrop GPM Names New Kansas City Leader

    Following the announcement of a planned move next year to a new office in Kansas City, Missouri, Lathrop GPM LLP said Tuesday that a veteran bankruptcy attorney will be appointed the next partner-in-charge of the firm's largest location.

  • June 11, 2025

    JC Penney Blasts Jackson Walker Bid To Escape Fee Dispute

    J.C. Penney has called on a Texas bankruptcy court to knock down Jackson Walker LLP's bid to escape a fee suit prompted by a yearslong secret romance between a former firm partner and a onetime bankruptcy judge, saying the firm's dismissal bid is "riddled with implausibility, excuse and contradiction."

Expert Analysis

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

    Author Photo

    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • Âé¶¹´«Ã½ School's Missed Lessons: Appreciating Civil Procedure

    Author Photo

    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • How Attorneys Can Become Change Agents For Racial Equity

    Author Photo

    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Âé¶¹´«Ã½ School.

  • Running Marathons Makes Me A Better Âé¶¹´«Ã½yer

    Author Photo

    After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.

  • Âé¶¹´«Ã½ School's Missed Lessons: Supporting A Trial Team

    Author Photo

    While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.

  • Adapting To Private Practice: From US Attorney To BigÂé¶¹´«Ã½

    Author Photo

    When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.

  • The Ins And Outs Of Consensual Judicial References

    Author Photo

    As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.

  • The BigÂé¶¹´«Ã½ Settlements Are About Risk, Not Profit

    Author Photo

    The nine Am Âé¶¹´«Ã½ 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.

  • Brazilian Jiujitsu Makes Me A Better Âé¶¹´«Ã½yer

    Author Photo

    Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.

  • Power To The Paralegals: An Untapped Source For Biz Roles

    Author Photo

    Âé¶¹´«Ã½ firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.

  • Franchise Group Dispute Reflects Rising Intercreditor Suits

    Author Photo

    A recent complaint filed by senior creditors against junior creditors in the Franchise Group bankruptcy could embolden lenders to take preemptive action against one another in bankruptcy proceedings, and could affect the way secured lenders draft intercreditor agreements going forward, say attorneys at Choate.

  • Playing Poker Makes Me A Better Âé¶¹´«Ã½yer

    Author Photo

    Poker is a master class in psychology, risk management and strategic thinking, and I’m a better attorney because it has taught me to read my opponents, adapt when I’m dealt the unexpected and stay patient until I'm ready to reveal my hand, says Casey Kingsley at McCreadyÂé¶¹´«Ã½.

  • Ch. 7 Marshaling Ruling Rests On Shaky Legal Grounds

    Author Photo

    In its recent holding in a Chapter 7 bankruptcy case that marshaling may not be applied against the IRS, a Texas federal court misapplied a bankruptcy code section and case law, leaving a draconian decision that could limit the scope of a powerful equitable estate tool, says Brian Shaw at Cozen O'Connor.