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Bankruptcy Authority Mid Cap : Law360 Bankruptcy Authority : Legal News & Analysis
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col-sm-12 col-md-8" style="padding:0;"> <div class="read-share" data-turbo="false"> <a href="#" class="btn btn-newsletter"><i class="fa fa-envelope"></i> Newsletter</a> <a href="/bankruptcy-authority/mid-cap/rss" class="btn btn-rss" data-turbo="false"><i class="fa fa-rss"></i> RSS</a> <p></p> </div> <h1> <a href="/bankruptcy-authority/about"> Mid Cap</a> </h1> <div id="news-headlines"> <ul> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-05">December 05, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2269609/lowenstein-sandler-suit-gets-new-nj-judge-after-dq-request" title="Lowenstein Sandler Suit Gets New NJ Judge After DQ Request" class="url entry-title">Lowenstein Sandler Suit Gets New NJ Judge After DQ Request</a></h3> <p class="entry-content">Lowenstein Sandler LLP has persuaded an Essex County Superior Court judge to recuse himself from the firm's $800,000 fee suit against a cannabis dispensary over social connections to the litigants and their counsel and had the case assigned to a new judge this week.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-05">December 05, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2269728/insurance-giant-allianz-warns-of-rising-insolvencies-in-2025" title="Insurance Giant Allianz Warns Of Rising Insolvencies In 2025" class="url entry-title">Insurance Giant Allianz Warns Of Rising Insolvencies In 2025</a></h3> <p class="entry-content">Company bosses and their insurers could face increased claims next year from a predicted rise in corporate insolvencies and class actions, Allianz warned Thursday.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-04">December 04, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2269259/texas-oil-well-operator-moves-ahead-on-speedy-ch-11-plan" title="Texas Oil Well Operator Moves Ahead On Speedy Ch. 11 Plan" class="url entry-title">Texas Oil Well Operator Moves Ahead On Speedy Ch. 11 Plan</a></h3> <p class="entry-content">A Texas bankruptcy judge Wednesday signed off on a timeline to confirm the prepackaged debt-for-equity Chapter 11 plan of oil and gas contractor Independence Contract Drilling, saying he'd save ruling on concerns from the Office of the U.S. Trustee releases and opt-out procedures until a January confirmation hearing.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-04">December 04, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2269309/alex-jones-atty-needs-30-day-suspension-ethics-boss-says" title="Alex Jones Atty Needs 30-Day Suspension, Ethics Boss Says" class="url entry-title">Alex Jones Atty Needs 30-Day Suspension, Ethics Boss Says</a></h3> <p class="entry-content">The lead Connecticut attorney in Infowars host Alex Jones' Sandy Hook defamation trial should be suspended for 30 days for directing a subordinate to transmit the victims' personal medical records to other Jones attorneys, the state's legal ethics watchdog said Wednesday.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-04">December 04, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2269202/meet-the-attorneys-directing-the-us-arm-of-stoli-s-ch-11" title="Meet The Attorneys Directing The US Arm Of Stoli's Ch. 11" class="url entry-title">Meet The Attorneys Directing The US Arm Of Stoli's Ch. 11</a></h3> <p class="entry-content">A group of Foley & Lardner LLP attorneys is leading the Chapter 11 case for the U.S. arm of vodka giant Stoli Group, which filed for bankruptcy citing liabilities of $50 million to $100 million after the company faced asset seizure by the Russian government and cyberattacks during the summer. </p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-04">December 04, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2269285/ideanomics-among-crop-of-new-ch-11s-in-delaware" title="Ideanomics Among Crop Of New Ch. 11s In Delaware" class="url entry-title">Ideanomics Among Crop Of New Ch. 11s In Delaware</a></h3> <p class="entry-content">Electric-vehicle technology company Ideanomics Inc. leads a new crop of Chapter 11 cases that hit the Delaware docket over several hours late Tuesday and early Wednesday, joined by debtors in the entertainment and fintech industries.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268608/mich-seat-co-on-hook-for-4-1m-german-lease-suit-says" title="Mich. Seat Co. On Hook For €4.1M German Lease, Suit Says" class="url entry-title">Mich. Seat Co. On Hook For €4.1M German Lease, Suit Says</a></h3> <p class="entry-content">A German property owner has said in a new complaint that a Michigan-based automotive seat manufacturer is on the hook for a €4.1 million ($4.3 million at current exchange rates) lease after its European entity defaulted on payments and entered insolvency proceedings.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268807/a-zoom-in-on-film-finances-inc-s-ch-11" title="A Zoom In On Film Finances Inc.'s Ch. 11" class="url entry-title">A Zoom In On Film Finances Inc.'s Ch. 11</a></h3> <p class="entry-content">If the credits roll on film production services company Film Finances Inc., which filed for bankruptcy in November, the company says the chief culprit is not COVID-19 or a protracted strike by Hollywood actors and writers, but rather its owner that withheld the cash it needed to stay afloat.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268347/new-judges-include-one-who-aided-puerto-rico-bondholders" title="New Judges Include One Who Aided Puerto Rico Bondholders" class="url entry-title">New Judges Include One Who Aided Puerto Rico Bondholders</a></h3> <p class="entry-content">The Senate on Tuesday confirmed two federal judges for Pennsylvania and one for the District of Columbia, who came under scrutiny during her confirmation hearing for her work at Jones Day.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268243/fla-court-urged-to-ok-offensive-645k-deal-in-firm-s-ch-11" title="Fla. Court Urged To OK 'Offensive' $645K Deal In Firm's Ch. 11" class="url entry-title">Fla. Court Urged To OK 'Offensive' $645K Deal In Firm's Ch. 11</a></h3> <p class="entry-content">A law firm debtor urged a Florida bankruptcy court Tuesday to approve a $645,000 settlement in its Chapter 11 to resolve a proposed fraudulent misrepresentation class action in state court against a former Miami insurance attorney, who called the potential deal "offensive" and said it's possible he'll be sued again.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268646/catching-up-with-new-bankruptcy-case-action" title="Catching Up With New Bankruptcy Case Action" class="url entry-title">Catching Up With New Bankruptcy Case Action</a></h3> <p class="entry-content">In a more muted holiday week for bankruptcy filings, the courts still saw several cases come in, including the U.S. arm for iconic vodka brand Stoli and the Cayman Island subsidiaries of struggling budget airline Spirit.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268814/stoli-usa-gets-ok-to-fund-ch-11-with-fifth-third-s-collateral-" title="Stoli USA Gets OK To Fund Ch. 11 With Fifth Third's Collateral " class="url entry-title">Stoli USA Gets OK To Fund Ch. 11 With Fifth Third's Collateral </a></h3> <p class="entry-content">A Texas bankruptcy judge said Tuesday he would allow the U.S. arm of vodka giant Stoli Group to use cash collateral to fund its Chapter 11 case on an interim basis after the debtor reached an agreement on reporting requirements with its prepetition lender, Fifth Third Bank.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268749/alex-jones-atty-seeks-leniency-over-sandy-hook-mistake-" title="Alex Jones Atty Seeks Leniency Over Sandy Hook 'Mistake'" class="url entry-title">Alex Jones Atty Seeks Leniency Over Sandy Hook 'Mistake'</a></h3> <p class="entry-content">The lead attorney in Infowars host Alex Jones' $1.44 billion Connecticut defamation trial admits he "made a mistake" when he approved sending several Sandy Hook Elementary School victims' confidential records to other Jones attorneys, saying Tuesday he should receive either no discipline or a reprimand in a pared-down case.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268846/film-financing-firm-gets-ok-for-ch-11-auction-in-january" title="Film Financing Firm Gets OK For Ch. 11 Auction In January" class="url entry-title">Film Financing Firm Gets OK For Ch. 11 Auction In January</a></h3> <p class="entry-content">A Delaware bankruptcy judge gave Film Finance Inc., a company that offers financing for high-profile film projects, the go-ahead Tuesday to put itself on the auction block early next year after dropping protections for its baseline bidder that had attracted the ire of the U.S. Trustee's Office.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268328/nostrum-says-nearly-30-potential-buyers-have-signed-ndas" title="Nostrum Says Nearly 30 Potential Buyers Have Signed NDAs" class="url entry-title">Nostrum Says Nearly 30 Potential Buyers Have Signed NDAs</a></h3> <p class="entry-content">Drugmaker Nostrum Laboratories told a New Jersey bankruptcy judge Tuesday that close to 30 parties are weighing bids for the company's assets, with the debtor planning to choose a stalking horse bidder in the coming weeks.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-03">December 03, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268697/texas-oil-driller-hits-ch-11-with-207m-debt-swap-plan" title="Texas Oil Driller Hits Ch. 11 With $207M Debt-Swap Plan" class="url entry-title">Texas Oil Driller Hits Ch. 11 With $207M Debt-Swap Plan</a></h3> <p class="entry-content">Oil and gas drilling services provider Independence Contract Drilling has filed for Chapter 11 protection in a Texas bankruptcy court with more than $230 million in debt and a prepackaged debt-swap restructuring plan.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-02">December 02, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268331/girardi-won-t-get-new-fraud-trial-despite-memory-claims" title="Girardi Won't Get New Fraud Trial Despite Memory Claims" class="url entry-title">Girardi Won't Get New Fraud Trial Despite Memory Claims</a></h3> <p class="entry-content">A California federal judge on Monday denied Tom Girardi's bid for a new trial after a jury found he misappropriated $15 million worth of client settlement funds, standing by a prior assessment that the disbarred attorney was "exaggerating" symptoms of mild cognitive impairment.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-02">December 02, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268076/deal-struck-in-discount-chain-plan-no-sanctions-in-j-j-case" title="Deal Struck In Discount Chain Plan, No Sanctions In J&J Case" class="url entry-title">Deal Struck In Discount Chain Plan, No Sanctions In J&J Case</a></h3> <p class="entry-content">Holders of notes issued by 99 Cents Only will take a $297 million haircut, Beasley Allen dodged discovery sanctions in Johnson & Johnson's latest spinoff bankruptcy and a Mexican industrial equipment leasing group sought U.S. recognition for its reorganization. This is the week in bankruptcy.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-02">December 02, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2267948/lowenstein-sandler-seeks-judge-dq-in-pot-dispensary-suit" title="Lowenstein Sandler Seeks Judge DQ In Pot Dispensary Suit" class="url entry-title">Lowenstein Sandler Seeks Judge DQ In Pot Dispensary Suit</a></h3> <p class="entry-content">Lowenstein Sandler LLP has asked an Essex County Superior Court judge to recuse himself over his social connections with the parties and counsel on the firm's $800,000 fee suit against a New Jersey cannabis dispensary</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-02">December 02, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2267945/justices-on-fence-in-tax-clawback-case-for-defunct-utah-co-" title="Justices On Fence In Tax Clawback Case For Defunct Utah Co." class="url entry-title">Justices On Fence In Tax Clawback Case For Defunct Utah Co.</a></h3> <p class="entry-content">U.S. Supreme Court justices seemed divided during oral arguments Monday over whether the Tenth Circuit was correct to allow the bankruptcy trustee of a defunct Utah company to use state law to claw back $145,000 in federal taxes after the two-year deadline, a ruling that has created a 3-1 circuit split.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-02">December 02, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268121/miss-america-ceo-files-500m-suit-alleging-bankruptcy-fraud" title="Miss America CEO Files $500M Suit Alleging Bankruptcy Fraud" class="url entry-title">Miss America CEO Files $500M Suit Alleging Bankruptcy Fraud</a></h3> <p class="entry-content">The producer of the Miss America pageant and its related entities have filed a $500 million racketeering suit in Florida accusing developer Glenn Straub of fraudulently pushing the organization into bankruptcy in an effort to take over its assets.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-02">December 02, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2267911/jackson-walker-extinguished-privilege-over-judge-romance" title="Jackson Walker 'Extinguished' Privilege Over Judge Romance" class="url entry-title">Jackson Walker 'Extinguished' Privilege Over Judge Romance</a></h3> <p class="entry-content">An Oregon federal judge has said Holland & Knight LLP lawyers must turn over documents regarding their advice to Jackson Walker LLP on how to handle the "debacle" of a former firm partner's intimate relationship with a former bankruptcy judge, finding Jackson Walker has "utterly extinguished" any claim to attorney-client privilege.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-02">December 02, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2268012/stoli-usa-says-putin-opposition-landed-it-in-bankruptcy" title="Stoli USA Says Putin Opposition Landed It In Bankruptcy" class="url entry-title">Stoli USA Says Putin Opposition Landed It In Bankruptcy</a></h3> <p class="entry-content">Vodka giant Stoli Group's U.S. arm has filed for Chapter 11 in Texas after having its last assets in Russia, amounting to $100 million, seized by Vladimir Putin's government, with its operations also being disrupted by a data breach and ransomware attack this summer.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-12-02">December 02, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2267995/pool-co-says-rival-ceo-fled-to-china-to-duck-paying-16m" title="Pool Co. Says Rival CEO Fled To China To Duck Paying $16M" class="url entry-title">Pool Co. Says Rival CEO Fled To China To Duck Paying $16M</a></h3> <p class="entry-content">A bankrupt Chinese pool parts supplier has been accused by an American competitor of going to great lengths to skirt a $16 million false advertising and unfair business practices judgment in continued violation of court orders, including allegedly funneling assets and allowing its owner to flee to China.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-27">November 27, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2265889/developer-settles-landslide-claims-from-ryan-homes-town" title="Developer Settles Landslide Claims From Ryan Homes, Town" class="url entry-title">Developer Settles Landslide Claims From Ryan Homes, Town</a></h3> <p class="entry-content">The bankrupt developer of a housing project that was beset by landslides has settled with a construction company and a Western Pennsylvania township in exchange for finishing some of its remaining cleanup work and giving the township the remaining lots, burying a six-year dispute.</p> </li> </ul> </div> </div> <div class="ie-analysis col-md-4"> <div id="expert-analysis"> <h4>Expert Analysis</h4> <ul> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1890750/navigating-the-bankruptcy-terrain-after-purdue-pharma" title="Navigating The Bankruptcy Terrain After Purdue Pharma" class="url entry-title">Navigating The Bankruptcy Terrain After Purdue Pharma</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1890000/1890750/e4914e5a3191684229fbc315f897f038f82c2118-brett-axelrod.jpg" width="54" /> <p class="entry-content">The U.S. Supreme Court’s June ruling in Harrington v. Purdue Pharma is having a significant impact on bankruptcies, with recent cases addressing nonconsensual third-party releases and opt-out mechanisms, and highlighting strategies practitioners can employ to avoid running afoul of the decision, say Brett Axelrod and Agostino Zammiello at Fox Rothschild.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1889159/use-the-right-kind-of-feedback-to-help-gen-z-attorneys" title="Use The Right Kind Of Feedback To Help Gen Z Attorneys" class="url entry-title">Use The Right Kind Of Feedback To Help Gen Z Attorneys</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1889000/1889159/2609c55dd2a6e64387f9b44bce587d6f65a60913-rachael-bosch.jpg" width="54" /> <p class="entry-content">Generation Z associates bring unique perspectives and expectations to the workplace, so it’s imperative that supervising attorneys adapt their feedback approach in order to help young lawyers learn and grow — which is good for law firms, too, says Rachael Bosch at Fringe Professional Development.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1889626/how-9th-circ-ruling-expands-bankruptcy-trustees-powers" title="How 9th Circ. Ruling Expands Bankruptcy Trustees' Powers" class="url entry-title">How 9th Circ. Ruling Expands Bankruptcy Trustees' Powers</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1889000/1889626/f2a1eac7cb054445a50270d21e91f4f89a251324-robert_klyman_print-(1).jpg" width="54" /> <p class="entry-content">The Ninth Circuit recently held in The Lovering Tubbs Trust v. Hoffman that a trustee can avoid intentionally fraudulent transfers, even if no creditor suffered harm as a result, materially strengthening bankruptcy trustees' powers, say Robert Klyman and Rod Kazempour at DLA Piper.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1887046/state-of-the-states-ai-legal-ethics-landscape" title="State Of The States' AI Legal Ethics Landscape" class="url entry-title">State Of The States' AI Legal Ethics Landscape</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1887000/1887046/58818b9204b5faa3c5a8484a1604fae7cff8f09c-eric-pacifici-headshot.jpeg" width="54" /> <p class="entry-content">Over the past year, several state bar associations, as well as the American Bar Association, have released guidance on the ethical use of artificial intelligence in legal practice, all of which share overarching themes and some nuanced differences, say Eric Pacifici and Kevin Henderson at SMB Law Group.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1887140/8-childhood-lessons-that-can-help-you-be-a-better-attorney" title="8 Childhood Lessons That Can Help You Be A Better Attorney" class="url entry-title">8 Childhood Lessons That Can Help You Be A Better Attorney</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1887000/1887140/6237d660c5d066496cc4274f009fd4535fba4484-chris-gismondi.jpg" width="54" /> <p class="entry-content">A new school year is underway, marking a fitting time for attorneys to reflect on some fundamental life lessons from early childhood that offer a framework for problems that no legal textbook can solve, say Chris Gismondi and Chris Campbell at DLA Piper.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1880433/playing-diplomacy-makes-us-better-lawyers" title="Playing Diplomacy Makes Us Better Lawyers" class="url entry-title">Playing Diplomacy Makes Us Better Lawyers</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1880000/1880433/b29ff022457e5542b850d25439b7c0a340cbbdf3-osborn_jason_ch_color_cropped.jpg" width="54" /> <p class="entry-content">Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — are neither concise nor without ambiguity, and weekly gameplay with our colleagues has revealed the game's practical applications to our work as attorneys, say Jason Osborn and Ben Bevilacqua at Winston & Strawn.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1886572/mental-health-first-aid-a-brief-primer-for-attorneys" title="Mental Health First Aid: A Brief Primer For Attorneys" class="url entry-title">Mental Health First Aid: A Brief Primer For Attorneys</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1886000/1886572/b6ba33bc9d2a7c09eb817457523f01387a168659-shawn-healy.jpg" width="54" /> <p class="entry-content">Amid a growing body of research finding that attorneys face higher rates of mental illness than the general population, firms should consider setting up mental health first aid training programs to help lawyers assess mental health challenges in their colleagues and intervene with compassion, say psychologists Shawn Healy and Tracey Meyers.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1883152/ai-may-limit-key-learning-opportunities-for-young-attorneys" title="AI May Limit Key Learning Opportunities For Young Attorneys" class="url entry-title">AI May Limit Key Learning Opportunities For Young Attorneys</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1883000/1883152/41122698e29c9ea12f878f7ebb9351985ac78a5b-_mg87599-edit-8x10.jpg" width="54" /> <p class="entry-content">The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to detect patterns may curtail young attorneys’ chance to practice the lower-level work of managing cases, preventing them from ever honing the pattern recognition skills that undergird creative lawyering, says Sarah Murray at Trialcraft.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1880728/considering-possible-pr-risks-of-certain-legal-tactics" title="Considering Possible PR Risks Of Certain Legal Tactics" class="url entry-title">Considering Possible PR Risks Of Certain Legal Tactics</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1880000/1880728/1640515de1a758fdcd09a3065fab24e02f1e16a2-chris-gidez.jpg" width="54" /> <p class="entry-content">Disney and American Airlines recently abandoned certain litigation tactics in two lawsuits after fierce public backlash, illustrating why corporate counsel should consider the reputational implications of any legal strategy and partner with their communications teams to preempt public relations concerns, says Chris Gidez at G7 Reputation Advisory.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1877291/it-s-no-longer-enough-for-firms-to-be-trusted-advisers" title="It's No Longer Enough For Firms To Be Trusted Advisers" class="url entry-title">It's No Longer Enough For Firms To Be Trusted Advisers</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1877000/1877291/1002f643f2dcc35843eca7503e38377ce182fb29-sm-close-up-2.png" width="54" /> <p class="entry-content">Amid fierce competition for business, the transactional “trusted adviser” paradigm from which most firms operate is no longer sufficient — they should instead aim to become trusted partners with their most valuable clients, says Stuart Maister at Strategic Narrative.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1880103/expect-more-restaurant-ch-11s-as-covid-debt-comes-due" title="Expect More Restaurant Ch. 11s As COVID Debt Comes Due" class="url entry-title">Expect More Restaurant Ch. 11s As COVID Debt Comes Due</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1880000/1880103/698f2b0d0d3dc882bfaa3bdd0868fbc8b2c37d90-isaac-marcushamer.jpg" width="54" /> <p class="entry-content">The wave of restaurant bankruptcies is likely to continue in the coming months as companies face the looming repayment of COVID-19 pandemic-era government loans, an uncertain economy and increased interest rates, says Isaac Marcushamer at DGIM Law.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1879466/mitigating-risk-in-net-asset-value-facility-bankruptcies" title="Mitigating Risk In Net Asset Value Facility Bankruptcies" class="url entry-title">Mitigating Risk In Net Asset Value Facility Bankruptcies</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1879000/1879466/68794b8166a3be51e5aa5aed8a61b9b72abb7da2-scott_sean_stscott_pr.jpg" width="54" /> <p class="entry-content">In times of economic turbulence, parties to bankruptcy proceedings that involve net asset value facilities can mitigate risk by understanding the purpose of the automatic stay, complications it can create for NAV facility lenders and options for relief, say attorneys at Mayer Brown.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1878348/tax-traps-in-acquisitions-of-financially-distressed-targets" title="Tax Traps In Acquisitions Of Financially Distressed Targets" class="url entry-title">Tax Traps In Acquisitions Of Financially Distressed Targets</a></h4> <h5 class="lpa">Excerpt from <a href="http://www.lexisnexis.com/practice-advisor" target="_blank">Practical Guidance</a></h5> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1878000/1878348/42d83556311658d0390a656c0ee737962aefa39e-digital-tax.jpg" width="54" /> <p class="entry-content">Parties to the acquisition of an insolvent or bankrupt company face myriad tax considerations, including limitations on using the distressed company's tax benefits, cancellation of indebtedness income, tax lien issues and potential tax reorganizations.</p> </li> </ul> </div> </div> <div class="row"> <div class="col-md-12"><ul class="pagination pagination"><li class="prev"><a rel="prev" href="/bankruptcy-authority/mid-cap/news?page=2">← Previous</a></li> <li><a href="/bankruptcy-authority/mid-cap/news?page=1">1</a></li> <li><a rel="prev" href="/bankruptcy-authority/mid-cap/news?page=2">2</a></li> <li class="active"><span>3</span></li> <li><a rel="next" href="/bankruptcy-authority/mid-cap/news?page=4">4</a></li> <li><a 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