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DarrowEverett LLP

Post-Close Liquidity Lessons from the Breakdown of the Saks-Neiman Deal

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In M&A transactions, the focus is often on getting to the finish line—negotiating terms, securing financing, and closing the deal. But experienced dealmakers know that signing on the dotted line is just the beginning....more

Cadwalader, Wickersham & Taft LLP

In re The Container Store Group: Texas District Court Upholds Validity of Opt-Out Third-Party Release

On February 12, 2026, Judge Lee Rosenthal of the United States District Court for the Southern District of Texas upheld an opt-out third-party release provision contained in The Container Store Group, Inc.’s chapter 11 plan,...more

Ward and Smith, P.A.

Bonnie and Claude: The Court Ruling That Could Expose Fraudster’s AI Conversations

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To use a legal term: Nope. The decision gives lenders a new weapon when chasing borrowers who engage in behavior to hinder, delay, or defraud creditors. The case involved the target of a federal investigation who used a...more

Pillsbury Winthrop Shaw Pittman LLP

Bankruptcy Court Awards $2.5 Million in Mandatory Indemnification to Director Against Chapter 7 Estate

The U.S. Bankruptcy Court for the Western District of Texas has concluded that a post-judgment motion under Federal Rule of Civil Procedure 54 provides the proper vehicle for seeking indemnification under section 145 of the...more

Greenberg Glusker LLP

[Webinar] CLE Last Dash | Bankruptcy and Its Alternatives: A Practical Decision-Tree for Distressed Businesses - March 25th, 10:00...

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Businesses under financial stress rarely have a single “right” answer—especially in today’s environment of tighter credit, contested valuations, and heightened litigation risk. In this one-hour, practical CLE, Keith Banner...more

Cadwalader, Wickersham & Taft LLP

Colorblind?: Investors Allege Tricolor’s Lenders and Underwriters Ignored Persistent Red Flags

The historic collapse of the now-bankrupt subprime auto dealer and auto finance company Tricolor Holdings LLC and its affiliates (“Tricolor”) has been unfolding since September 2025, after public reporting that Tricolor’s...more

Holland & Knight LLP

Podcast - Assessing the State of Healthcare Restructurings

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Healthcare bankruptcy filings in the middle market dipped in 2025, yet increased costs, payer denials and tighter credit continue to pressure providers across the sector. In this episode of Counsel That Cares, Gibbins...more

Seward & Kissel LLP

Black Cloud, Major Win, and Weighing Options

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Radio station owner Cumulus Media files for bankruptcy to cut $600 mln debt | Reuters - The company claimed various challenges, including a lawsuit filed against Neilsen Audio over an updated 2024 policy that would require...more

Ankura

Liability Management Exercises: Bandage or Bridge to Recovery?

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Once an arcane corner of the capital markets, liability management exercises (LMEs) have become a mainstream restructuring tool. Of course, LMEs are not available to every borrower — the ability to execute one depends on loan...more

Dickinson Wright

3 Strikes Against Chapter 15

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The Southern District of Texas Bankruptcy Court recently underscored the importance of carefully implementing Chapter 15 eligibility. In its Geden and Siu-Fung decisions, the court reasserted its independent duty to...more

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

Blake, Cassels & Graydon LLP

Women Trailblazers in Canadian Restructuring Law

In honour of International Women’s Day, the Blakes Restructuring & Insolvency group presents a special edition of the Blakes Sound Business podcast featuring reflections from three restructuring industry leaders: Senior...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

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