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Read Bankruptcy Law updates, alerts, news, and legal analysis from leading lawyers and law firms:
DLA Piper

Southern District of Texas applies Section 109(a) to Chapter 15 recognition - Aligns with Second Circuit’s Barnet, rejects...

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The United States Bankruptcy Court for the Southern District of Texas held in In re Siu-Fung Ceramics Holdings that the Bankruptcy Code requires a foreign debtor to have a domicile, a place of business, or property in the US...more

Levenfeld Pearlstein, LLC

Leveraging AI to Unlock Value in Restructuring & Turnaround Engagements

Artificial intelligence is reshaping legal practice at an increasing pace. For practitioners in the turnaround and restructuring industry — a practice area defined by complexity, volume, and time pressure —AI tools present...more

Guidepost Solutions LLC

Private Credit’s Moment of Truth: Why Defaults Create an Investigative Problem, Not Just a Financial One

Private credit firms are exceptionally good at what they were built to do: source, underwrite, and deploy capital with speed and precision. That capability drove the asset class from a niche strategy to the center of the...more

McGuireWoods LLP

Canadian Law Firm Loses Daffy Argument About Privilege Issue

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Clients can lose privilege protection through explicit waiver (caused by disclosure), implied waiver (usually caused by reliance on undisclosed privileged communication to gain some litigation advantage), or as a sanction for...more

Adams & Reese

Silence Is Consent: Texas Federal Court Upholds Opt-Out Third-Party Releases After Purdue

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On February 12, 2026, the U.S. District Court for the Southern District of Texas issued a significant ruling affirming that opt-out procedures—rather than affirmative opt-ins—can create valid consent to third-party releases...more

Troutman Pepper Locke

Food and Beverage Industry Updates 2026 — PE Pathways Podcast

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This episode of PE Pathways features a recording of a recent panel discussion during a private equity event sponsored by Troutman Pepper Locke and Alliant. Private Equity Partner Nanette Heide hosted the event, and the day...more

Davidoff Hutcher & Citron LLP

Chapter 11 and Wage Claims, Part 3: Personal Liability & Claim Priority—The Piece Most Owners Miss

In Parts 1 and 2, we covered the bar date strategy and the three resolution pathways. But here’s the critical piece many owners miss: the business’s Chapter 11 discharge does not automatically release your personal liability....more

Davidoff Hutcher & Citron LLP

Chapter 11 and Wage Claims, Part 2: Resolution Pathways—Three Ways to Emerge Clean

In Part 1, we discussed how the bar date creates finality by cutting off claims from employees who don’t file by the deadline. But that’s just one piece of the puzzle....more

Holland & Knight LLP

Constitución de garantías en procesos sancionatorios ambientales

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De acuerdo con la Ley 2387 de 2024, que modificó la Ley 1333 de 2009, cuando una empresa se encuentra en causal de disolución, prevé entrar o efectivamente entra en procesos como disolución, fusión, escisión, reorganización,...more

Davidoff Hutcher & Citron LLP

Chapter 11 and Wage Claims, Part 1: The Bar Date Strategy—Creating Finality for Your Entire Workforce

For New York restaurant owners drowning in wage and hour claims, Chapter 11 bankruptcy offers something that out-of-court settlements rarely can: finality....more

Arnall Golden Gregory LLP

Restructuring Roundup - February 2026

AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains...more

Hudson Cook, LLP

New York Criminal Usury as a Claim in Bankruptcy

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A merchant bankruptcy poses several dangers for revenue-based commercial funders. Most obviously, from a business standpoint, bankruptcy disrupts the merchant's ongoing revenue generation and the transfer of revenue to the...more

Thompson Coburn LLP

Fourth Circuit Affirms Denial of Stay Relief in Herlihy v. DBMP, LLC

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On February 11, 2026, a split panel of the U.S. Court of Appeals for the Fourth Circuit affirmed the lower courts’ decisions that denied motions of asbestos claimants to lift the automatic stay in the bankruptcy case of DBMP,...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Circuit Split Over Stub Rent Continues, Raising the Stakes on Bankruptcy Venue

If rent is due on the first of the month and the tenant files for bankruptcy on the 15th before paying, how is the landlord’s claim for the post-petition portion of that month’s rent (between the 15th and the end that month)...more

Tarter Krinsky & Drogin LLP

Purchasing Distressed Assets, Including Businesses, Real Estate, and Litigation Claims, Through the Bankruptcy Process

Brief Overview of Sales of Going Concern Businesses and Distressed Real Estate - For various microeconomic or macroeconomic reasons, it is common to see a once successful company or previously valuable real property, at...more

Ward and Smith, P.A.

Does One Defendant’s Bankruptcy Derail My Entire Lawsuit?

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The case involved Meridian Renewable Energy, a consulting company that signed agreements with both Pine Gate Renewables and Birch Creek Development to provide services on renewable energy projects. The contracts said that...more

Katten Muchin Rosenman LLP

TMA Chicago/Midwest Podcast Hosted by Paul Musser: Chapter President Sandy Prabhakar on Referral Networks, Market Uncertainty and...

In the first episode of the new year, the TMA Chicago/Midwest Podcast welcomed Sandy Prabhakar, the chapter's 2026 president and Managing Director at Armory Group. Sandy, who has over 20 years of experience advising clients...more

Akin Gump Strauss Hauer & Feld LLP

2025 Market Review: Credit, Capital and Change

2025 was a year of refinement in credit markets. From the vantage point of Akin’s financial restructuring and capital solutions teams, liability management transactions continued to evolve, hybrid capital became a strategic...more

Thompson Coburn LLP

Zombies in the Cap Table and the So-Called SaaS Apocalypse

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What Lenders and Equity Holders Should Consider in Challenged Circumstances - Factors Causing Stress in the SaaS and Software Sectors - Whether you believe a SaaS (or software) apocalypse is upon us or we are just...more

A&O Shearman

SRB Will Not Impose SRF Levies On Banks For 2026

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The Single Resolution Board (SRB) has announced that, for the third consecutive year, it will not impose levies on banks to finance the single resolution fund (SRF). The SRF is an emergency fund that can be called upon in...more

Orrick, Herrington & Sutcliffe LLP

Court rules bankruptcy abbreviation not a credit reporting error under the FCRA

On February 4, the U.S. District Court for the Middle District of Florida dismissed a pro se plaintiff’s complaint alleging violations of the FCRA against a consumer reporting agency. The plaintiff claimed the agency...more

Jones Day

Business Restructuring Review Vol. 25 No. 1 | January-February 2026

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A brief chronicle of the year's notable developments in corporate bankruptcy and restructuring, including business bankruptcy filings, significant court rulings, and legislative developments....more

Jones Day

New York Bankruptcy Court Denies Motion to Terminate Chapter 15 Recognition and Dismiss Chapter 15 Case

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Corporate restructurings are not always successful for many reasons. As a consequence, the bankruptcy and restructuring laws of the United States and many other countries recognize that a failed restructuring may be followed...more

Carey Olsen

Privy Council confirms just and equitable winding up of Cayman Islands exempted limited partnerships

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In Aquapoint LP (in Official Liquidation) v Xiaohu Fan [2025] UKPC 56, the Privy Council confirmed that a Cayman Islands exempted limited partnership ("ELP") can be wound up on grounds that it is just and equitable to do so....more

Orrick, Herrington & Sutcliffe LLP

Judge rules credit reporting of post-bankruptcy student loan is not misleading

On February 2, the U.S. District Court for the District of Nevada granted a motion to dismiss in a case involving allegations of inaccurate credit reporting during bankruptcy proceedings. The court found that the plaintiff,...more

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