To kick off 2026, three Sullivan & Cromwell partners join Legal Lens to discuss untangling one of the biggest cases in recent memory in FTX, reaching 100%+ recoveries for creditors, inside jokes at the collapsed firm, and more.

On-site at Debtwire's Restructuring Forum 2025, Legal Lens host and Deputy Courts Editor Andy Serbe interviews a series of restructuring experts on what their takeaways for this year were, and predictions for '26, from Altice lawsuits to key court rulings and sectoral challenges.

Serta's advisors, including guest Jason Goldstein's firm Gibson Dunn, thought it could be the model for LME bankruptcies. Years later, appellate outcomes and shifting results from spiritually similar cases leave the market with just as many questions as answers about the hottest transaction type in recent memory. To wrap up 2025, Jason and Legal Lens host Andy Serbe discuss what that means for the market entering the new year.

This month's Legal Lens discussion with Katie Coleman of Hughes Hubbard & Reed centers on the growing use of appeals in bankruptcy contexts, and what challenges that presents. As litigation situations like mass torts and LME fights import into bankruptcy more frequently, could the importation of a backward-looking appeal process disable a reorganization system once sought for advantages of speed and cost?

On this episode of Legal Lens, host Andy Serbe sits down with Judge Philip Shefferly, formerly of the Eastern Michigan Bankruptcy bench, to discuss ADR in restructuring. As some say, consensus is king in Chapter 11 and in cases rife with conflict how valuable is an outside perspective in building a deal everyone can live with?

With healthcare debtors facing old challenges such as reimbursement issues, as well as new ones such as potentially reduced funding, what options do they have? In this episode, host Andy Serbe discusses the sector in 2025, and how to balance bankruptcy law with a very human industry with Robert Miller of Hooper Lundy & Bookman.

On this month's Legal Lens, the discussion takes a fresh look at retail bankruptcies as they face a new wave of challenges, and some of them face new bankruptcy filings.

On this month's Legal Lens, host Andy Serbe is joined by White & Case's David Turetsky to discuss the history and development of prepackaged bankruptcies, best practices now, and what to expect in the future.

On this month's episode, host Andy Serbe sits down with Greg Jones of Stradling to discuss the history and recent posture of asbestos cases, one of the biggest categories of mass tort cases, using recent appellate arguments in the Bestwall Chapter 11 as a focal point.

This month on Legal Lens, host Andy Serbe is joined by Judge Bruce Harwood (Ret.), to discuss running the New Hampshire bankruptcy court, becoming president of the American Bankruptcy Institute, and life after the bench.