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Commercial Bankruptcy Corporate Restructuring

Seward & Kissel LLP

Avenger Endgame and Bauer Outage

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Florida-Based Aviation Group Files for Chapter 11 Bankruptcy | WhatNow - Less than a year after selling a majority stake in its Warsaw-based pilot training center, Avenger Flight Group filed for bankruptcy along with 20...more

Ropes & Gray LLP

Distressed Debt Legal Insights: Special Edition: 2025 Takeaways and 2026 Outlook

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Welcome to a special edition of Distressed Debt Legal Insights, Ropes & Gray’s source of timely insights for professionals navigating the complex world of liability management and special situations finance....more

Mayer Brown

New York Court Draws Limits to Encroachment on Sacred Rights in STG Logistics

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On January 3, 2026, the New York State Supreme Court delivered a win to a group of minority lenders to STG Logistics (“STG”), denying four motions to dismiss the minority lenders' lawsuit seeking to unwind or be awarded...more

Stark & Stark

Out in the Cold: Eddie Bauer Files for Chapter 11 Bankruptcy in New Jersey

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​​​​​​​Eddie Bauer LLC, the retail operator of approximately 180 Eddie Bauer stores across the U.S. and Canada, filed for voluntary Chapter 11 bankruptcy protection on February 9, 2026, in the United States Bankruptcy Court...more

A&O Shearman

Global economy proves resilient to geopolitical volatility, but key markets are threatened by shifts in international trade

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The international restructuring landscape is evolving rapidly. In the EU, efforts to harmonize member states’ legal regimes continue. In the Middle East, maturing legal frameworks are creating greater certainty for...more

A&O Shearman

Court rulings on “fair” treatment of creditors reshape UK restructuring landscape

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The UK courts are redefining the standards for creditor treatment under the country’s restructuring plans. Amid developing case law around “fairness” in court-sanctioned processes, market participants are exploring...more

A&O Shearman

U.S. restructuring 2025 review and 2026 outlook

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U.S. bankruptcies and restructurings are expected to remain broadly steady in 2026, providing ample opportunity for restructuring and special situations investment. In the meantime, the U.S. market is assessing the...more

A&O Shearman

New law on rehabilitation and bankruptcy: bringing Vietnam’s bankruptcy regime closer to international practice

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Vietnam has overhauled its decade-old bankruptcy legislation and enacted Law on Rehabilitation and Bankruptcy No. 142/2025/QH15 (RBL 2025), which will take effect on March 1, 2026 and replace the existing Law on Bankruptcy...more

K&L Gates LLP

Has the Texas Two-Step Become the Thames Two-Step?

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In the first of its kind, a US company with no prior connection to the United Kingdom, has financially restructured via a Part 26A Companies Act (UK) Restructuring Plan (the RP), in respect of which it also achieved Chapter...more

Davies Ward Phillips & Vineberg LLP

Setting the Precedent: 2025's Legal Landmarks and the Path Ahead

From "multi-Crown" class actions to the corporate attribution doctrine, Davies litigators explore the judicial shifts from 2024-2025 that business leaders need to know - Although 2025 is now in the rearview mirror, the...more

Davidoff Hutcher & Citron LLP

Workout, Wind-Down, or Chapter 11: Choosing the Right Restructuring Path for New York Restaurants

When your restaurant is struggling, it’s natural to ask: “Do I really need to file bankruptcy?” The honest answer is – not always, but it’s often times either the best (and only) option....more

Arnall Golden Gregory LLP

Restructuring Roundup - January 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

Seward & Kissel LLP

Trimming the Fat, Lap of Luxury and Brand Awareness

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Fat Brands, burdened with heavy debt, declares bankruptcy | Restaurant Business - The owner of Fatburger, Twin Peaks, Johnny Rockets, and Nestle Toll House Café—among other brands—has declared bankruptcy after accruing...more

Holland & Knight LLP

Illinois Adopts Expansive Receivership Act Effective January 1, 2026

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The Illinois Receivership Act (the Act) creates a comprehensive statutory framework for commercial receiverships, effective January 1, 2026, that in practice functions as a "mini bankruptcy." The Act modernizes and...more

Conyers

Top 5 Asia Pacific Publications of 2025

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The Conyers Hong Kong and Singapore offices produced rich and varied content in 2025. The topics that resonated most with readers in the Asia-Pacific region came from our Corporate, Investment Funds, Private Client and Trust...more

Husch Blackwell LLP

Twin Hospitality Group Chapter 11 Filing — What Landlords Should Know

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Twin Hospitality Group Inc., the parent behind Twin Peaks, Smokey Bones, Fatburger, Johnny Rockets, Fazoli’s, Round Table Pizza, and more than 150 affiliated entities, filed for Chapter 11 on January 26, 2026, in the Southern...more

DLA Piper

Beyond chapter 11: How US companies are using UK restructuring plans

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As a result of a well-developed recognition regime in the United States and the adoption of accessible restructuring laws in jurisdictions around the globe, new options for restructuring global businesses have emerged. In...more

Fox Rothschild LLP

New Jersey Bankruptcy Judge Michael Kaplan on Bankruptcy Practice – Pragmatism, Feasibility, and the Realities of Chapter 11

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In Episode 22 of The Octus Download (available on Apple Podcasts, Spotify, Amazon Music), hosts Jason Sanjana and Kevin Eckhardt interviewed the Honorable Michael B. Kaplan, U.S. Bankruptcy Judge for the District of New...more

Ropes & Gray LLP

2025 London Capital Solutions and Business Restructuring Year in Review

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Private credit has become a defining force in European capital structures, accelerating out-of-court outcomes, introducing more bespoke documentation and shifting negotiation leverage in restructurings....more

Lowenstein Sandler LLP

Azul Provides Some Color on Opt-Out Releases and Indenture Trustee Fees in the Southern District of New York

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Since the 2024 ruling in Harrington v. Purdue Pharma (Purdue), where the Supreme Court held that the Bankruptcy Code does not authorize nonconsensual third-party releases, courts around the country have grappled with whether...more

Ropes & Gray LLP

Distressed Debt Legal Insights - STG Logistics' LMT Litigation

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Welcome to Distressed Debt Legal Insights, Ropes & Gray’s source of timely insights for professionals navigating the complex world of liability management and special situations finance. In this issue we discuss the first...more

Morrison & Foerster LLP

2025 Year in Review: Key Trends in Cross-border Restructuring and What’s Next in 2026

When Texas-based McDermott International obtained chapter 15 recognition (in the Southern District of Texas, no less) of UK and Dutch plans to restructure both its funded debt as well as trade and litigation claims—in what...more

Arnall Golden Gregory LLP

Restructuring Roundup - December 2025

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

Patterson Belknap Webb & Tyler LLP

Federal District Court Ruling Upholds Uptier Transactions

Federal District Judge Randy Crane recently issued a written decision in Wesco Aircraft Holdings, Inc. v. SSD Invs. Ltd., validating Wesco’s 2022 uptier exchange transactions and reversing a ruling by Bankruptcy Judge Marvin...more

McDermott Will & Schulte

Transatlantic restructuring trends: What to expect in 2026

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It has been a tumultuous year, with modest economic growth with a continuing steady flow rather than a new wave of restructurings. Tariffs, layoffs, and industry-specific structural weaknesses are projected to constrain US...more

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