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Bankruptcy Law News
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Follow for latest news, analysis, and guidance to do with bankruptcy code: chapters 7, 11, & 13; debt; foreclosure; and more.

A JD Supra news feed
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The What’s News Top Ten of 2025
The What’s News Top Ten of 2025
In 2025, we offered our takes on the most newsworthy stories in bankruptcy law. Here are the ten posts that got the most attention from our...
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January 2, 2026 at 2:37 PM
Saks Bankruptcy Watch: Holiday Retail Surge, Luxury Vendor Risks, and a 2026 Survival Guide
Saks Bankruptcy Watch: Holiday Retail Surge, Luxury Vendor Risks, and a 2026 Survival Guide
The 2025 holiday retail shopping season is nearly a wrap. Consumers will be on the hunt for year-end discounts, and gift card purchases likely...
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January 2, 2026 at 2:36 PM
Restructuring Roundup - December 2025
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....
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January 2, 2026 at 2:09 PM
Client Alert: First Brands Chapter 11 Filing: Check Engine Light on for Banks, Private Credit and Vendors
Client Alert: First Brands Chapter 11 Filing: Check Engine Light on for Banks, Private Credit and Vendors
After the Chapter 11 filing of Cleveland-based First Brands Group LLC (Tier 1 automotive supplier) in the Southern District of Texas on September...
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December 30, 2025 at 7:03 PM
Debts Related to Ponzi Scheme Deemed Non-Dischargeable
Debts Related to Ponzi Scheme Deemed Non-Dischargeable
Here at the Bankruptcy Update, we frequently write on the intersection of insolvency and fraud, including collapsed Ponzi schemes. Another...
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December 30, 2025 at 4:02 PM
Federal District Court Ruling Upholds Uptier Transactions
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...
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December 26, 2025 at 5:48 PM
K&C Sports & Entertainment Law Weekly Roundup - December 2025 #4
K&C Sports & Entertainment Law Weekly Roundup - December 2025 #4
DraftKings’ prediction markets went live on Friday, bringing sports event contracts to 17 states that haven’t legalized sports betting, including...
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December 23, 2025 at 9:53 PM
Roomba Knows Where You Hid Your Safe … Now China Will Too
Roomba Knows Where You Hid Your Safe … Now China Will Too
iRobot, the Massachusetts-based company behind the Roomba, a popular robotic vacuum cleaner, recently filed for bankruptcy. While best known for...
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December 23, 2025 at 7:22 PM
Christmas Tree Shops: Unwrapping the Delaware Court’s Gift for Pleading the Preference Due Diligence Requirement
Christmas Tree Shops: Unwrapping the Delaware Court’s Gift for Pleading the Preference Due Diligence Requirement
If your holiday to‑do list includes lights, cocoa, and some year‑end legal news, here’s a little stocking stuffer for you. In a recent decision...
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December 22, 2025 at 8:23 PM
Transatlantic restructuring trends: What to expect in 2026
Transatlantic restructuring trends: What to expect in 2026
It has been a tumultuous year, with modest economic growth with a continuing steady flow rather than a new wave of restructurings. Tariffs,...
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December 22, 2025 at 6:23 PM
Distressed Debt Legal Insights - District Court Reverses Wesco Ruling
Distressed Debt Legal Insights - District Court Reverses Wesco Ruling
Welcome back to Distressed Debt Legal Insights, Ropes & Gray’s source of timely insights for professionals navigating the complex world of...
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December 19, 2025 at 9:43 PM
Foley Automotive Update - December 2025 - 3
Foley Automotive Update - December 2025 - 3
Foley & Lardner’s 2025 Auto Trends Series, Driving the Future: Innovations, Regulations, and Strategies, delivers actionable insights on critical...
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December 19, 2025 at 4:19 PM
A Primer on Preference Defenses for Consignment Agreements
A Primer on Preference Defenses for Consignment Agreements
Judge Mary F. Walrath recently issued an opinion that provides a comprehensive overview of how preference actions work and certain defenses to...
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December 19, 2025 at 7:33 AM
The Boundaries of Section 467: How Far will the BVI Court go to Assist Foreign Insolvency Proceedings?
The Boundaries of Section 467: How Far will the BVI Court go to Assist Foreign Insolvency Proceedings?
Part XIX of the Insolvency Act 2003 was introduced to support cross-border cooperation. Still, many years on, there is real debate about the...
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December 18, 2025 at 9:16 PM
The Impact of Jarkesy on the Right to a Jury in Bankruptcy Proceedings
The Impact of Jarkesy on the Right to a Jury in Bankruptcy Proceedings
A recent Supreme Court case has brought a long-standing question in bankruptcy practice back to the fore: When do parties have the right to a...
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December 18, 2025 at 9:07 PM
The Fifth Circuit Analyzes the Duty to Defend, Bankruptcy Assignments, and the Contours of Third-Party Bad Faith
The Fifth Circuit Analyzes the Duty to Defend, Bankruptcy Assignments, and the Contours of Third-Party Bad Faith
The Fifth Circuit in BPX Production Company v. Certain Underwriters at Lloyd's London, No. 23-20034, 2025 WL 2952911 (5th Cir. Oct. 20, 2025),...
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December 18, 2025 at 5:43 PM
State of Rio De Janeiro Implements Special Program for Repayment of Tax Debts in Installments
State of Rio De Janeiro Implements Special Program for Repayment of Tax Debts in Installments
On December 9, 2025, Decree No. 50.040/2025 was published in the Official Gazette of the State of Rio de Janeiro (“DOERJ”). The decree regulates...
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December 18, 2025 at 4:48 AM
The Year in Bankruptcy – 2025 Popular Reads on JD Supra
The Year in Bankruptcy – 2025 Popular Reads on JD Supra
A year-end recap of some of the most widely read bankruptcy-related updates, insights, and commentary published on JD Supra throughout 2025.
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December 17, 2025 at 10:02 PM
Avianca Holdings: Second Circuit’s “Billing Date” Approach to Fixed-Schedule Lease Payments in Bankruptcy Stands after U.S. Supreme Court Declines Challenge
Avianca Holdings: Second Circuit’s “Billing Date” Approach to Fixed-Schedule Lease Payments in Bankruptcy Stands after U.S. Supreme Court Declines Challenge
On November 17, 2025, the U.S. Supreme Court declined to hear a challenge to the Second Circuit’s decision affirming that Avianca Holdings S.A....
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December 16, 2025 at 7:47 PM
No More Ghosts of Christmas Past: Protecting Consumers under the Digital Markets, Competition and Consumers Act 2024
No More Ghosts of Christmas Past: Protecting Consumers under the Digital Markets, Competition and Consumers Act 2024
As we approach the festive season, families across the UK will have put their hard-earned money aside in savings schemes for items like Christmas...
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December 16, 2025 at 12:37 AM
Insider Job and Dōmo Arigatō Mr. Roboto
Insider Job and Dōmo Arigatō Mr. Roboto
Judge delays sale of Genesis to insider, ‘concerned’ about creditors’ claims, bidder controversy | McKnights - The company had been seeking...
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December 15, 2025 at 3:05 PM
Opting Out of the Opt Out: SDNY Rejects Opt-Out Releases in Chapter 11 Plan
Opting Out of the Opt Out: SDNY Rejects Opt-Out Releases in Chapter 11 Plan
Before the US Supreme Court’s landmark decision in Purdue Pharma, it had become common practice for Chapter 11 debtors to include a consensual or...
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December 12, 2025 at 9:16 PM
High Court interprets apparently broad close out rights narrowly
High Court interprets apparently broad close out rights narrowly
The High Court has held that broadly framed “protection of interests” provisions did not permit a firm in special administration to close out its...
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December 12, 2025 at 8:35 PM
Hong Kong Court Grants Non-Party Costs Against Director Over Abusive Appeal
Hong Kong Court Grants Non-Party Costs Against Director Over Abusive Appeal
In Target Insurance Company Limited v Nerico Brothers Limited & Lee Cheuk Fung Jerff (2025) HKCA 1024, the Hong Kong Court of Appeal has handed...
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December 12, 2025 at 7:59 PM