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News Stories (184 Results) - Bankruptcy
New bankruptcy filings during the first calendar quarter of 2024 registered year-over-year increases across all U.S. major filing categories, according to data provided by Epiq Bankruptcy.
Total commercial chapter 11 filings (including subchapter V)...
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April 03, 2024, 07:23 AM
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Commercial chapter 11 bankruptcy filings climbed 118 percent in February, with the 822 filings versus the 377 filings in February 2023, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data. The sizable increase in...
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March 05, 2024, 07:21 AM
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Total bankruptcy filings were 36,607 in January 2024, a 17 percent increase from the January 2023 total of 31,176, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. January marks 18 consecutive months...
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February 05, 2024, 07:14 AM
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Commercial chapter 11 filings increased 72 percent to 6,569 in calendar year 2023 from the previous year’s total of 3,819, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data.Overall commercial filings increased 19...
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January 04, 2024, 07:23 AM
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Air Methods Corporation, the leading air medical service provider in the U.S., has successfully emerged from Chapter 11 with significantly reduced debt and increased liquidity that positions the Company for long-term success.Air Methods is moving...
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January 02, 2024, 07:05 AM
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The bankruptcy filing by WeWork, Inc. in November propelled November commercial chapter 11 filings to 842, an increase of 141 percent over the 349 filings registered in November 2022, according to data provided by Epiq Bankruptcy.The case filed by...
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December 05, 2023, 07:15 AM
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There were 631 commercial chapter 11 filings registered in October 2023, an increase of 106 percent from the 306 filings registered in October 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing...
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November 02, 2023, 07:23 AM
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The 4,553 total commercial chapter 11 bankruptcies filed during the first nine months of 2023 represented a 61 percent increase over the 2,837 filed during the same period in 2022, according to data provided by Epiq Bankruptcy, the leading provider...
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October 04, 2023, 06:55 AM
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The increase in large corporate bankruptcies in the first half of 2023 marked a reversal from a gradual decline in filings since the start of 2021, according to a report released today by Cornerstone Research.The report, Trends in Large Corporate...
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September 27, 2023, 07:14 AM
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First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $55 million revolving credit facility to National CineMedia LLC to support their emergence from Chapter 11...
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September 08, 2023, 07:00 AM
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There were 634 commercial chapter 11 filings registered in August 2023, an increase of 54 percent from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy.Overall commercial filings increased 14 percent to 2,328...
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September 06, 2023, 07:25 AM
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Yellow Corporation and certain of its direct and indirect subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware for the Company’s planned...
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August 07, 2023, 07:20 AM
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There were 362 commercial chapter 11 filings registered in July 2023, an increase of 71 percent from the 212 filings registered in July 2022, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data.Overall commercial...
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August 03, 2023, 07:23 AM
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The 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a 68 percent increase over the 1,766 filed during the same period in 2022, according to data provided by Epiq Bankruptcy.Overall commercial...
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July 05, 2023, 07:23 AM
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Commercial Chapter 11 filings increased 105 percent in May 2023 to 680 versus the 332 filings in May 2022, according to data provided by Epiq Bankruptcy. Nearly half of the Chapter 11 filings were made by corporate subsidiaries.Overall commercial...
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June 05, 2023, 07:25 AM
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Small business filings, captured as subchapter V elections within Chapter 11, increased 81 percent to 157 in April 2023 from 87 in April 2022, according to data provided by Epiq Bankruptcy. All Chapter 11 filings increased 32 percent in April 2023 to...
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May 03, 2023, 07:23 AM
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New bankruptcy filings in March 2023 registered year-over-year increases across all U.S. major filing categories for the third month in a row, according to data provided by Epiq Bankruptcy, provider of U.S. bankruptcy filing data.A total of 42,368...
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April 04, 2023, 07:23 AM
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New bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories, according to data provided by Epiq Bankruptcy. The 31,889 total new bankruptcy filings in February were up 18 percent...
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March 03, 2023, 07:23 AM
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Bankruptcy new filings were up year-over-year across Chapter 7, 11, 13 and 15 in January 2023, according to data provided by Epiq Bankruptcy.Total commercial filings increased 12 percent to 1,694 in January 2023 over the 1,508 total filings reported...
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February 06, 2023, 07:15 AM
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Individual Chapter 13 bankruptcy filings during calendar year 2022 (Jan. 1-Dec. 31) increased 32 percent to 149,072 from the 2021 total of 112,913, according to data provided by Epiq Bankruptcy. While representing a substantial year-over-year...
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January 09, 2023, 07:00 AM
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Commercial chapter 11 filings increased 74 percent to 345 in November 2022 from the 198 filings recorded in November 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.The November 2022 commercial...
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December 06, 2022, 07:05 AM
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Commercial chapter 11 filings for bankruptcy increased 2 percent in October to 304 filings from 297 filings the previous year. Small business filings, captured as subchapter V elections within chapter 11, increased 28 percent to 131 in October 2022...
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November 04, 2022, 07:18 AM
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Year-over-year U.S. bankruptcy filings increased seven percent across all chapters for the second consecutive month in September, according to data released today from Epiq's Bankruptcy Analytics platform. There were 33,184 total filings registered...
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October 06, 2022, 07:10 AM
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Bankruptcy filings in August across all chapters totaled 35,355, a 10 percent increase from the August 2021 total of 32,276, according to new research from Epiq's Bankruptcy Analytics platform.Overall commercial filings increased 6 percent in August...
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September 02, 2022, 07:16 AM
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There were 212 commercial chapter 11 filings registered in July 2022, a decrease of 13 percent from the 245 filings in July 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall commercial...
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August 04, 2022, 07:07 AM
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The 447 commercial chapter 11 filings in June represented a 29 percent increase from the 347 filings in June 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall commercial filings...
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July 07, 2022, 07:00 AM
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The American Bankruptcy Institute (ABI) applauded President Joe Biden for signing into law yesterday the amended S.3823, the “Bankruptcy Threshold Adjustment and Technical Corrections Act.” The bill was introduced by Sen. Charles Grassley (R-Iowa) to...
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June 24, 2022, 07:10 AM
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There were 330 commercial chapter 11 filings registered in May 2022, an increase of 34 percent from the 246 filings in May 2021, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data. Overall commercial filings...
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June 06, 2022, 07:07 AM
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Total U.S. bankruptcy filings in April 2022 decreased 21 percent from the previous year, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Bankruptcy filings totaled 32,508 in April 2022, down from...
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May 05, 2022, 07:00 AM
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The total 36,049 bankruptcy filings for March represented a 34 percent increase over the 26,993 filings during the previous month of February, according to data provided by Epiq Bankruptcy. Similarly, the 34,244 total noncommercial filings for March...
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April 06, 2022, 07:01 AM
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Commercial Chapter 11 filings in February totaled 203, a 52 percent drop from the 420 commercial Chapter 11 filings in February 2021, according to data provided by Epiq. The 1,420 commercial filings in February 2022 were 28 percent less than the...
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March 08, 2022, 07:06 AM
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The 1,499 commercial bankruptcy filings in January were 27 percent fewer than the 2,049 registered in January 2021, according to data provided by Epiq. Commercial Chapter 11 filings in January totaled 223, a 53 percent drop from the 479 commercial...
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February 07, 2022, 07:18 AM
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Commercial bankruptcy filings declined, as the 22,339 business filings in calendar year 2021 represented a 31 percent drop from the 32,517 recorded in calendar year 2020. Commercial Chapter 11 filings registered the largest percentage decrease during...
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January 10, 2022, 07:10 AM
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The 195 commercial Chapter 11 filings in November represented a 70 percent decrease from the 654 filings in November 2020, according to data provided by Epiq. Commercial bankruptcy filings as a whole totaled 1,565 in November 2021, a 33 percent...
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December 08, 2021, 07:15 AM
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Epiq, a global technology-enabled services firm, released its November 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. Overall, November new filings were down with 29,325 across all chapters, down 5.6...
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December 06, 2021, 07:10 AM
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Commercial Chapter 11 filings decreased 47 percent, as the 294 filings in October 2021 fell by almost half from the 550 recorded in October 2020. Overall commercial filings in October 2021 totaled 1,775, down 30 percent from the 2,539 filings in...
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November 05, 2021, 07:09 AM
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Epiq released its October 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. October new filings for all chapters increased 1.8 percent to 31,471, up from 30,920 in September 2021. Total Commercial Chapter 11...
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November 03, 2021, 07:05 AM
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Commercial Chapter 11 filings totaled 247 in September, a 67 percent decrease from September 2020’s total of 749 filings. September 2020 business filings were 1,690, a decrease of 37 percent compared to the 2,683 business filings in September...
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October 08, 2021, 07:12 AM
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Commercial Chapter 11 filings decreased 50 percent in August 2021 from last year, according to data provided by Epiq Systems. The 264 commercial chapter 11 filings in August 2021 fell by exactly half from the 528 filings registered in August 2020....
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September 08, 2021, 07:17 AM
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The COVID-19 pandemic set off an increase in corporate bankruptcy filings not seen since the financial crisis, according to a report released today by Cornerstone Research. The report, Trends in Large Corporate Bankruptcy and Financial...
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August 31, 2021, 07:00 AM
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Total commercial Chapter 11 filings in July decreased 62 percent from the previous year, according to data provided by Epiq, according to the American Bankruptcy Institute. Commercial Chapter 11 filings totaled 244 in July, down from the July 2020...
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August 06, 2021, 07:15 AM
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Epiq released its July 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. Across all chapters, new filings in July were 32,375, down 6 percent from 34,277 in June. Commercial filings across all chapters were...
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August 04, 2021, 07:12 AM
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The 349 commercial Chapter 11 filings in June represented a 42 percent increase from the 246 filings in May, according to data provided by Epiq, the American Bankruptcy Institute announced. Total commercial filings in June increased 11 percent to...
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July 08, 2021, 07:00 AM
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Epiq released its June 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. New filings in June were flat with 34,248 across all chapters, a 1 percent drop from the May count of 34,767. Non-commercial consumer...
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July 07, 2021, 07:15 AM
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Hertz Global Holdings announced the composition of its new Board of Directors whose term is effective with the Company's successful completion of its restructuring and emergence from Chapter 11. The new Board will initially include eight members with...
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July 02, 2021, 07:11 AM
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Creditors to be paid in full and existing shareholders to receive more than $1 billion of value.Hertz Global Holdings announced that the Bankruptcy Court confirmed the Company's Plan of Reorganization (the "Plan"). The Plan unimpairs all classes of...
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June 14, 2021, 07:20 AM
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Total commercial Chapter 11 filings in May decreased 66 percent from the previous year, according to data provided by Epiq, the American Bankruptcy Institute said. Commercial Chapter 11 filings totaled 246 in May, down from the 725 commercial Chapter...
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June 07, 2021, 07:20 AM
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Epiq released its May 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. The new filings for May dropped to 34,734 across all chapters. This is a 15 percent drop from the April 2021 new filings count of 40,913....
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June 04, 2021, 07:10 AM
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Hertz Global Holdings announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of...
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May 14, 2021, 07:16 AM
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Total U.S. bankruptcy filings in April 2021 increased 6 percent from the previous year, according to data provided by Epiq. Bankruptcy filings totaled 40,911 in April 2021, up from the April 2020 total of 38,459, when filings sharply declined in the...
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May 10, 2021, 07:22 AM
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Commercial Chapter 11 filings decreased 9 percent in March to 384 from the 420 commercial Chapter 11 filings in February, according to data provided by Epiq The 2,275 total commercial filings in March represented a 16 percent increase from the 1,965...
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April 07, 2021, 07:00 AM
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Hertz Global Holdings selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partners, LLC (collectively, the "Sponsorship Group") to provide the equity capital required to fund Hertz's exit from...
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April 07, 2021, 06:55 AM
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Hertz Global Holdings announced it has made all of the required court filings in its Chapter 11 case needed to continue the process it initiated at the beginning of March 2021 to exit Chapter 11 in June 2021. The filings also report on the status of...
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April 01, 2021, 07:21 AM
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AeroCentury Corp. announced it and certain of its subsidiaries commenced a voluntary case under Chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware.The company has determined that the...
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March 30, 2021, 06:55 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis companies in the United States, announced it has entered into a lease agreement with Maggie's Farm LLC, a vertically integrated, single-state...
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March 11, 2021, 07:08 AM
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Epiq released its February 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. February experienced the lowest number of new monthly bankruptcy filings across all chapters, with only 31,188 filings, since...
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March 04, 2021, 07:05 AM
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Commercial Chapter 11 filings in January 2021 totaled 479, a 24 percent drop from the 631 commercial Chapter 11 filings in January 2020, according to data provided by Epiq. The 2,035 commercial filings in January 2021 were 43 percent less than the...
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February 08, 2021, 07:18 AM
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Commercial Chapter 11 filings increased 29 percent during calendar year 2020 as the total of 7,128 climbed past the 5,519 recorded during calendar year 2019, according to data provided by Epiq. The 2020 commercial Chapter 11 filing total was the...
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January 11, 2021, 07:15 AM
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Commercial Chapter 11 filings increased 46 percent in November over November of last year, according to data provided by Epiq. Increasing from November 2019’s commercial Chapter 11 filing total of 449, nearly half of the 654 commercial Chapter 11...
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December 07, 2020, 07:20 AM
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Commercial Chapter 11 filings increased slightly as the 550 filings in October 2020 were up 4 percent over the 530 recorded in October 2019, according to data provided by Epiq Systems, Inc. Throughout 2020, more than one-half of the commercial...
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November 10, 2020, 07:20 AM
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Year to date, Commercial Chapter 11 filings are up year-over-year by 30 percent with a total of 6,081 new filings, compared to 4,677 in the same period last year, according to Epiq. However, new Commercial Chapter 11 filings in October were down 26.5...
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November 05, 2020, 07:11 AM
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Epiq, a legal services company, released the first look at the results of the new Chapter 11, Subchapter V, U.S. Bankruptcy Court filings with a total of 923 new petitions year to date since the program commenced on Feb. 19. Since then, while the...
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October 23, 2020, 07:20 AM
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Commercial Chapter 11 filings increased 17 percent in August 2020 from last year, according to data provided by Epiq Systems, Inc., according to the American Bankruptcy Institute. The 526 commercial Chapter 11 filings in August 2020 were up over the...
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September 11, 2020, 07:00 AM
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Total commercial Chapter 11 filings in July increased 52 percent from the previous year, according to data provided by Epiq. Commercial Chapter 11 filings totaled 643 in July, expanding from the July 2019 total of 423, according to the American...
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August 06, 2020, 07:20 AM
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Total commercial Chapter 11 filings during the first six months of the year increased 26 percent to 3,604 from the 2,855 total filings during the same period in 2019, according to data provided by Epiq, the American Bankruptcy Institute announced....
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July 07, 2020, 07:25 AM
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Total commercial Chapter 11 filings in May increased 48 percent from the previous year, according to data provided by Epiq Systems, Inc. Commercial Chapter 11 filings totaled 722 in May 2020, elevated from the May 2019 total of 487, the American...
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June 04, 2020, 07:27 AM
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Total commercial Chapter 11 filings were up 26 percent to 560 in April from the April 2019 total of 444, according to data provided by Epiq Systems, Inc., the American Bankruptcy Institute reported. Total commercial filings decreased 35 percent in...
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May 05, 2020, 07:22 AM
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Total Commercial Chapter 11 bankruptcy filings for the first calendar quarter of 2020 increased 14 percent from the same period last year, according to data provided by Epiq Systems, Inc. The 1,709 total commercial Chapter 11s from Jan. 1 through...
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April 07, 2020, 07:30 AM
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Total commercial Chapter 11 filings in February 2020 decreased 20 percent over the same period last year, according to data provided by Epiq Systems, Inc. The 547 commercial Chapter 11 filings in February 2020 were down from the 685 commercial...
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March 17, 2020, 07:23 AM
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Ritchie Bros. announced it has been chosen to sell select trucks and trailers owned by Celadon Group. Celadon, which filed for Chapter 11 bankruptcy protection in December 2019, was one of the largest over-the-road trucking companies in North America...
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February 21, 2020, 07:15 AM
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Total commercial Chapter 11 filings in January 2020 increased 72 percent over the same period last year, according to data provided by Epiq Systems, Inc., the American Bankruptcy Institute reported. The 630 Commercial Chapter 11 filings in January...
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February 06, 2020, 07:25 AM
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The commercial Chapter 11 filing total of 5,502 during calendar year 2019 represented a 0.36 percent increase from the 5,482 commercial Chapter 11 filings in 2018, according to data provided by Epiq Systems, Inc. The 38,944 total commercial filings...
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January 07, 2020, 07:20 AM
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Celadon Group, Inc. announced that it, along with its 25 affiliate entities, have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Celadon also announced it will...
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December 09, 2019, 07:30 AM
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Commercial Chapter 11 filings decreased 32 percent in November 2019 over November of last year, according to data provided by Epiq Systems, Inc. The 450 commercial Chapter 11 filings registered in November 2019 dropped from November 2018’s commercial...
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December 06, 2019, 07:15 AM
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Commercial Chapter 11 filings decreased 7 percent to 520 filings from the 557 commercial Chapter 11 filings in October 2018, according to data provided by Epiq Systems, Inc. Overall October business filings increased 3 percent to 3,527 from last...
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November 07, 2019, 07:20 AM
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Bristow Group Inc. announced it has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process and implementing the Chapter 11 reorganization plan confirmed by the U.S. Bankruptcy Court for the Southern...
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November 01, 2019, 07:25 AM
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Commercial Chapter 11 filings totaled 414 in September, a 33 percent increase over September 2018’s total of 312 filings, according to data provided by Epiq Systems, Inc. Overall business filings increased 11 percent to 3,129 filings in September...
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October 04, 2019, 07:21 AM
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Commercial Chapter 11 filings increased 19 percent in August from last year, according to data provided by Epiq Systems, Inc. The 432 commercial Chapter 11 filings in August 2019 were up 19 percent over the 364 filings registered in August 2018....
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September 06, 2019, 07:15 AM
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President Donald J. Trump signed the “Small Business Reorganization Act of 2019” (SBRA; H.R. 3311) into law. The bipartisan legislation, which passed with the support of the American Bankruptcy Institute (ABI), passed the House in late July and the...
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August 27, 2019, 07:07 AM
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Total commercial Chapter 11 filings in July increased 1 percent to 417 from the 413 total filings during the same period in 2018, the American Bankruptcy Institute reported. July 2019 business filings increased 4 percent to 3,258 from July 2018’s...
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August 09, 2019, 07:10 AM
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Total commercial Chapter 11 filings during the first six months of the year increased 5 percent to 2,854 from the 2,716 total filings during the same period in 2018, American Bankruptcy Institute reported. Total commercial filings also increased...
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July 10, 2019, 07:25 AM
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Total commercial Chapter 11 filings increased 7 percent to 478 in May 2019 from the May 2018 total of 448, according to data provided by Epiq Systems, Inc. Total commercial filings increased 3 percent in May 2019, as the 3,483 filings were up from...
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June 12, 2019, 07:15 AM
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Bristow Group Inc. (BRS) announced that the company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. Bristow intends to use the proceedings to restructure and strengthen its balance...
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May 13, 2019, 07:25 AM
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Total commercial Chapter 11 filings increased 11 percent to 440 in April 2019 from the April 2018 total of 395, according to data provided by Epiq Systems, Inc. Total commercial filings increased 5 percent in April 2019, as the 3,443 filings were up...
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May 07, 2019, 07:07 AM
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Ritchie Bros. announced it has received bankruptcy court approval to purchase the assets of Welded Construction, L.P. together with Gordon Brothers, the global advisory, restructuring and investment firm. The two companies will work together to sell...
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April 29, 2019, 07:10 AM
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Total commercial Chapter 11 filings in March 2019 dropped 44 percent over the same period last year, according to data provided by Epiq Systems, Inc. The 434 total commercial Chapter 11 filings in March 2019 decreased from March 2018’s total of 774...
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April 11, 2019, 07:01 AM
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Total commercial Chapter 11 filings in February 2019 increased 60 percent over the same period last year, according to data provided by Epiq Systems, Inc. The 681 commercial Chapter 11 filings in February 2019 were up from the 425 commercial Chapter...
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March 13, 2019, 07:19 AM
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Commercial Chapter 11 filings declined slightly in January, with 365 total commercial Chapter 11 filings down from January 2018’s total of 366, according to data provided by Epiq Systems, Inc. Total commercial bankruptcy filings increased slightly to...
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February 07, 2019, 07:12 AM
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Total commercial Chapter 11 filings during calendar year 2018 dropped 5 percent compared with 2017, 5,470 from 5,762, according to data provided by Epiq Systems, Inc. The 37,822 total commercial filings during 2018 dipped 2 percent from the...
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January 09, 2019, 07:25 AM
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Waypoint Leasing Holdings Ltd., the largest independent global helicopter leasing company, announced that it and certain subsidiaries have entered into an agreement to be purchased by Macquarie Group for approximately $650 million. Macquarie...
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December 10, 2018, 07:30 AM
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Congressman Tom Marino along with Representatives Doug Collins (R-GA), and David Cicilline (D-RI) introduced, H.R. 7190, the Small Business Reorganization Act (SBRA). Senate Judiciary Chairman Chuck Grassley (R-IA) and Senator Sheldon Whitehouse...
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December 07, 2018, 07:05 AM
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Commercial Chapter 11 filings increased 50 percent in November 2018 over November of last year, according to data provided by Epiq Systems, Inc. The 653 commercial Chapter 11 filings registered in November 2018 jumped from November 2017’s commercial...
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December 06, 2018, 07:07 AM
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Waypoint Leasing Holdings Ltd., the largest independent global helicopter leasing company, announced it and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for...
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November 26, 2018, 07:30 AM
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Commercial Chapter 11 filings increased 75 percent in October 2018 over October of last year, according to data provided by Epiq Systems, Inc. The 554 commercial Chapter 11 filings registered in October 2018 were up from October 2017’s commercial...
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November 06, 2018, 07:22 AM
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Commercial Chapter 11 filings in September totaled 308, a 31 percent decrease over September 2017’s total of 445 filings, according to data provided by Epiq Systems, Inc. Overall business filings decreased to 2,783 filings in September, a 5 percent...
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October 05, 2018, 06:55 AM
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Bankruptcies remain a rare occurrence for companies in the Aerospace & Defense (A&D) and Industrial & Manufacturing (I&M) sectors, according to a new report published by Fitch Ratings.High-yield bond default rates for A&D and I&M companies averaged 1...
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August 09, 2018, 07:00 AM
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Commercial Chapter 11 bankruptcies for the month of July 2018 totaled 411, up 23 percent from the 333 commercial Chapter 11 filings last July, according to data provided by Epiq Systems, Inc. Total business filings in July 2018 increased 5 percent to...
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August 07, 2018, 07:09 AM
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Total commercial Chapter 11 bankruptcies for the month of June 2018 were 306, representing a 49 percent decrease from the 601 commercial chapter 11 filings in June 2017, according to data provided by Epiq Systems, Inc. Total commercial bankruptcies...
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July 06, 2018, 07:25 AM
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Total commercial bankruptcy filings fell 10 percent in May 2018, as the 3,325 filings decreased from the 3,675 commercial filings registered in May 2017, according to data provided by Epiq Systems, Inc. Total commercial Chapter 11 filings showed the...
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June 07, 2018, 07:19 AM
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Total commercial bankruptcy filings fell 5 percent in April 2018, as the 3,226 filings decreased slightly from the 3,395 commercial filings registered in April 2017, according to data provided by Epiq Systems, Inc. Total commercial chapter 11 filings...
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May 07, 2018, 07:15 AM
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Total commercial bankruptcy filings fell slightly in the first three months of 2018, as the 9,327 filings were down 1 percent from the 9,433 filings during the same period in 2017, according to data provided by Epiq Systems, Inc. However, total...
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April 06, 2018, 07:20 AM
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Total commercial bankruptcy filings decreased slightly in February 2018 to 2,795, representing a 2.5 percent decrease from the 2,866 business filings recorded in February 2017, according to data provided by Epiq Systems, Inc. The 425 total commercial...
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March 12, 2018, 07:15 AM
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Total commercial chapter 11 filings during calendar year 2017 (Jan. 1-Dec. 31) were 5,744, a 6 percent increase from the 5,447 filings in 2016, according to data provided by Epiq Systems, Inc. There were 38,062 commercial filings during calendar year...
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January 08, 2018, 07:12 AM
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Commercial chapter 11 filings increased 12 percent in November 2017 over November of last year, according to data provided by Epiq Systems, Inc. Commercial chapter 11s totaled 433 in November 2017, up from the 386 commercial chapter 11s in November...
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December 06, 2017, 08:00 AM
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Total U.S. bankruptcy filings increased 2 percent in October 2017 over October of last year, according to data provided by Epiq Systems, Inc. Filings totaled 64,579 in October 2017, up slightly from the October 2016 total of 63,082. Consumer...
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November 06, 2017, 07:07 AM
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Commercial chapter 11 filings totaled 425 in September, a 16 percent increase over September 2016’s total of 365 filings, according to data provided by Epiq Systems, Inc. Overall business filings decreased to 2,854 filings in September, a 12 percent...
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October 04, 2017, 07:10 AM
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Commercial chapter 11 filings totaled 426 in August, a 29 percent increase over July’s total of 331 filings, according to data provided by Epiq Systems, Inc. Overall business filings also increased as the 3,255 filings were 13 percent more than...
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September 08, 2017, 07:15 AM
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Total U.S. bankruptcy filings decreased 8 percent in July 2017 from June, according to data provided by Epiq Systems, Inc. Total filings registered 61,366 in July 2017, down from the June 2017 total of 66,789. The 58,522 consumer filings in July also...
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August 04, 2017, 07:10 AM
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Total U.S. bankruptcy filings increased 5 percent in May 2017 over May of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 69,668 in May 2017, up from the May 2016 total of 66,138. The 66,096 consumer bankruptcy...
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June 07, 2017, 07:12 AM
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Total U.S. bankruptcy filings fell nearly 4 percent in April 2017 from the same period in 2016, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 67,670 in April, down 3.96 percent from the 70,457 filings reported in April...
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May 05, 2017, 07:05 AM
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The results of the “National Study of Individual Chapter 11 Bankruptcies,” commissioned by the ABI Endowment Fund, found that individuals account for more than a quarter of chapter 11 bankruptcy filings, and that this share has grown over time. The...
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April 17, 2017, 07:12 AM
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Total U.S. bankruptcy filings fell slightly in the first calendar quarter (Jan. 1 - March 31) of 2017 from the same period in 2016, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 195,199 in the first quarter of 2017, down...
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April 10, 2017, 07:04 AM
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Total U.S. bankruptcy filings decreased 10 percent in February from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 58,336 in February 2017, down from the February 2016 total of 64,712. Consumer...
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March 08, 2017, 07:10 AM
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Total U.S. bankruptcy filings increased 5 percent in January 2017 from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 55,212 in January 2017, up from the January 2016 total of 52,560. With the...
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February 06, 2017, 07:07 AM
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Total commercial filings during calendar year 2016 (Jan. 1-Dec. 31) were 37,771, a 26 percent increase from the 29,920 filings for 2015, according to data provided by Epiq Systems, Inc. There were 5,438 commercial chapter 11s filings during calendar...
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January 06, 2017, 07:09 AM
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Total U.S. commercial bankruptcy filings increased 26 percent in November 2016 over November of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 2,908 in November 2016, up from the November 2015 total of 2,311....
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December 06, 2016, 07:10 AM
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Total U.S. commercial bankruptcy filings increased 21 percent in October 2016 over October of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 3,023 in October 2016, up from the October 2015 total of 2,491....
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November 04, 2016, 07:10 AM
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U.S. commercial bankruptcy filings during the first nine months of the year increased 28 percent to 28,789 over the 22,444 filings during the same period in 2015, according to data provided by Epiq Systems, Inc. Commercial chapter 11 filings rose...
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October 06, 2016, 07:16 AM
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Total U.S. commercial bankruptcy filings increased 28 percent in August 2016 over August of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 3,199 in August 2016, up from the August 2015 total of 2,491. August is...
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September 08, 2016, 07:12 AM
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Total U.S. commercial bankruptcy filings increased 10 percent in July 2016 over July of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 2,922 in July 2016, up from the July 2015 total of 2,661. July is the ninth...
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August 08, 2016, 07:14 AM
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Total commercial filings during the first six months of the year (Jan. 1-June 30) increased 29 percent to 19,470 over the 15,071 total commercial filings during the same period in 2015, according to data provided by Epiq Systems, Inc. Commercial...
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July 07, 2016, 07:11 AM
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Total U.S. commercial bankruptcy filings increased 32 percent in May 2016 over May of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 3,358 in May 2016, up from the May 2015 total of 2,550. May is the seventh...
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June 03, 2016, 07:12 AM
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Total U.S. commercial bankruptcy filings increased 32 percent in April 2016 over April of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 3,482 in April 2016, up from the April 2015 total of 2,641. April is the...
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May 05, 2016, 07:11 AM
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Total U.S. bankruptcy filings fell 5 percent in the first calendar quarter (Jan. 1 - March 31) of 2016 from the same period in 2015, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 195,565 in the first quarter of 2016...
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April 08, 2016, 07:00 AM
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Total U.S. bankruptcy filings decreased just 1 percent in February from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 64,662 in February 2016, down slightly from the February 2015 total of...
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March 08, 2016, 07:18 AM
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Total U.S. bankruptcy filings decreased 11 percent in January from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 52,522 in January 2016, down from the January 2015 total of 59,092. Consumer...
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February 05, 2016, 07:08 AM
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Total bankruptcy filings totaled 819,240 nationwide for calendar year 2015 (Jan. 1-Dec. 31), a 10 percent decrease from the 910,397 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 789,222 total...
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January 08, 2016, 07:12 AM
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Total bankruptcy filings in the United States increased 5 percent in November 2015 from November of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 65,511 in November 2015, up from the November 2014 total of...
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December 04, 2015, 07:25 AM
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Total bankruptcy filings in the United States decreased 11 percent in October 2015 from October of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 70,211 in October 2015, down from the October 2014 total of...
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November 04, 2015, 08:00 AM
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U.S. bankruptcy filings totaled 629,570 during the first nine months of 2015 (Jan. 1-September 30), an 11 percent decrease from the 705,728 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 607,182...
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October 08, 2015, 07:05 AM
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Total commercial chapter 11 filings in the United States increased 48 percent in August 2015 over August of last year, according to data provided by Epiq Systems, Inc. Commercial chapter 11 filings increased to 531 filings in August 2015 from the 360...
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September 04, 2015, 08:06 AM
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Total commercial chapter 11 filings in the United States increased 77 percent in July 2015 over July of last year, according to data provided by Epiq Systems, Inc. Commercial chapter 11 filings increased to 637 filings in July 2015 from the 359...
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August 07, 2015, 07:11 AM
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Total bankruptcy filings totaled 422,782 nationwide during the first six months of 2015 (Jan. 1-June 30), a 12 percent decrease from the 479,573 total filings reported during the same period a year ago, according to data provided by Epiq Systems, Inc...
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July 09, 2015, 07:00 AM
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Total bankruptcy filings totaled 910,090 nationwide for calendar year 2014 (Jan. 1-Dec. 31), a 12 percent decrease from the 1,032,572 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 875,635 total...
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January 07, 2015, 06:59 AM
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Total bankruptcy filings in the U.S. for November 2014 decreased 16 percent compared to the previous year, according to data provided by Epiq Systems, Inc. November bankruptcy filings totaled 62,403, down from the 74,070 filings registered in...
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December 08, 2014, 06:00 AM
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Total bankruptcy filings in the United States decreased 12 percent in October 2014 from October of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 78,957 in October 2014, down from the October 2013 total of...
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November 06, 2014, 07:10 AM
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Total bankruptcy filings totaled 705,452 nationwide during the first nine months of 2014 (Jan. 1-September 30), a 12 percent decrease from the 801,989 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc....
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October 06, 2014, 06:33 AM
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Total bankruptcy filings in the United States decreased 16 percent in August 2014 over August of last year, according to data provided by Epiq Systems, Inc., the largest year-over-year drop thus far in 2014. Bankruptcy filings totaled 75,170 in...
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September 08, 2014, 06:16 AM
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Total bankruptcy filings in the United States decreased 12 percent in July 2014 over July of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 77,469 in July 2014, down from the July 2013 total of 87,746. Consumer...
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August 06, 2014, 06:36 AM
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Total bankruptcy filings totaled 479,362 nationwide during the first six months of 2014 (Jan. 1-June 30), a 12 percent decrease from the 544,561 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 460...
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July 07, 2014, 06:30 AM
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Total bankruptcy filings in the United States decreased 11 percent in May 2014 over May of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 85,664 in May 2014, down from the May 2013 total of 96,495. Consumer...
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June 05, 2014, 06:30 AM
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Total bankruptcy filings in the United States decreased 13 percent in April 2014 over April of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 87,954 in April 2014, down from the April 2013 total of 100,770....
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May 07, 2014, 06:45 AM
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Total bankruptcy filings in the United States decreased 12 percent in the first calendar quarter (Jan. 1 - March 31) of 2014 from the same period in 2013, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 231,647 in the...
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April 04, 2014, 06:50 AM
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Total bankruptcy filings in the United States decreased 12 percent in February over the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 72,193 in February 2014, down 12 percent from the February 2013...
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March 06, 2014, 06:38 AM
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Total bankruptcy filings in the United States decreased 13 percent in January from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 68,153 in January 2014, down from the January 2013 total of...
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February 07, 2014, 07:00 AM
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The Brownsville Herald reported Brownsville Doctor’s Hospital filed for Chapter 7 bankruptcy on Dec. 11, 2013, halting a civil lawsuit filed against it by Key Equipment Finance. According to the report, Key Equipment Finance filed an emergency motion...
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January 21, 2014, 07:00 AM
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Bankruptcy filings totaled 1,032,326 nationwide for calendar year 2013 (Jan. 1-Dec. 31), a 13 percent decrease from the 1,186,137 total filings in calendar year 2012, according to data provided by Epiq Systems, Inc. The 988,215 total noncommercial...
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January 07, 2014, 07:00 AM
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Total bankruptcy filings in the U.S. for November 2013 decreased 15 percent compared to the previous year, according to data provided by Epiq Systems, Inc. November bankruptcy filings totaled 74,021, down from the 87,090 filings registered in...
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December 05, 2013, 06:36 AM
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Total U.S. bankruptcy filings for the month of October increased 11 percent compared to September, according to data provided by Epiq Systems, Inc. October bankruptcy filings totaled 89,875, up from the 80,668 filings registered in September 2013....
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November 06, 2013, 06:59 AM
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Total bankruptcy filings were 801,783 nationwide during the first nine months of 2013 (Jan. 1-September 30), a 13 percent decrease from the 921,927 total filings recorded during the same period a year ago, according to data provided by Epiq Systems...
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October 04, 2013, 07:00 AM
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Total bankruptcy filings in the United States for August 2013 decreased 15 percent compared to the previous year, according to data provided by Epiq Systems, Inc. August bankruptcy filings totaled 88,902, down from the 104,471 filings registered in...
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September 06, 2013, 07:05 AM
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Total bankruptcy filings in the United States for July 2013 decreased 10 percent compared to the previous year, according to data provided by Epiq Systems, Inc. July bankruptcy filings totaled 87,684, down from the 97,287 filings registered in July...
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August 06, 2013, 07:00 AM
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Reuters reported Detroit filed the largest municipal bankruptcy in U.S. history on Thursday, setting the stage for a costly court battle with creditors. According to the Reuters report, the bankruptcy, if approved by a federal judge, would force...
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July 19, 2013, 07:04 AM
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Total bankruptcy filings totaled 544,390 nationwide during the first six months of 2013 (Jan. 1-June 30), a 14 percent decrease from the 632,541 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 520...
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July 08, 2013, 06:54 AM
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Total bankruptcy filings in the United States decreased 12 percent in May over last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 96,430 in May 2013, down from the May 2012 total of 109,538. Consumer filings...
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June 06, 2013, 06:55 AM
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Total bankruptcy filings in the United States decreased 8 percent in April over last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 100,702 in April 2013, down from the April 2012 total of 108,996. Consumer filings...
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May 06, 2013, 07:10 AM
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Total bankruptcy filings in the United States decreased 16 percent in the first calendar quarter (Jan. 1 - March 31) of 2013 from the same period in 2012, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 263,516 in the...
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April 04, 2013, 07:06 AM
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Total bankruptcy filings in the United States decreased 21 percent in February over last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 82,285 in February 2013, down from the February 2012 total of 104,537. Consumer...
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March 06, 2013, 07:16 AM
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Beechcraft, formerly Hawker Beechcraft, announced it has formally emerged from the Chapter 11 process as a new company well-positioned to compete vigorously in the worldwide business aviation, special mission, trainer and light attack markets.The...
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February 19, 2013, 07:05 AM
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Total bankruptcy filings in the United States decreased 11 percent in January over last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 78,471 in January 2013, down from the January 2012 total of 88,028. Consumer...
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February 06, 2013, 06:58 AM
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Total bankruptcy filings totaled 1,185,328 nationwide for calendar year 2012 (Jan. 1-Dec. 31), a 14 percent decrease from the 1,379,658 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 1,127,540...
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January 07, 2013, 07:25 AM
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Total bankruptcy filings in the U.S. for November 2012 decreased 12 percent compared to the previous year, according to data provided by Epiq Systems, Inc. November bankruptcy filings totaled 86,946, down from the 98,534 filings registered in...
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December 06, 2012, 06:26 AM
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Total bankruptcy filings in the United States for the month of October increased 16% compared to September, according to data provided by Epiq Systems, Inc. October bankruptcy filings totaled 101,278, up from the 87,522 filings registered in...
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November 06, 2012, 07:04 AM
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The Las Vegas Review-Journal reported Ahern Rentals Inc. will retain sole control of its Chapter 11 bankruptcy case for another month amid continuing friction with lenders, although a judge indicated on Wednesday that would be the end.According to...
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November 01, 2012, 07:13 AM
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Total bankruptcy filings totaled 921,219 nationwide during the first nine months of 2012 (Jan. 1-September 30), a 14 percent decrease from the 1,073,021 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc....
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October 09, 2012, 07:49 AM
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Total bankruptcy filings in the United States for the month of August increased 7% compared to July, according to data provided by Epiq Systems, Inc. August bankruptcy filings totaled 104,336, up from the 97,104 filings registered in July 2012. The...
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September 07, 2012, 06:42 AM
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According to an article posted on the Fitch web site, Fitch believes the city of Syracuse's objective for requesting a legal expert's opinion on municipal bankruptcy is only informational and it is unlikely that the city will pursue bankruptcy in the...
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August 10, 2012, 07:00 AM
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Leslie A. Berkoff, a partner at the Garden City and New York City law firm of Moritt Hock & Hamroff LLP, announced the release of the American Bankruptcy Institute’s (ABI) Health Care Insolvency Manual, Third Edition. Ms. Berkoff served as Co-Editor...
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August 09, 2012, 07:05 AM
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Total bankruptcy filings in the United States for July 2012 decreased 12 percent compared to the previous year, according to data provided by Epiq Systems, Inc. July bankruptcy filings totaled 97,073, down from the 110,173 filings registered in July...
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August 06, 2012, 07:48 AM
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A report posted by the National Association of Credit Management says that the Stockton, CA Chapter 9 filing was not alone, as now two more California communities have decided to take the path of municipal bankruptcy. According to the report...
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July 13, 2012, 07:10 AM
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Total bankruptcy filings totaled 632,130 nationwide during the first six months of 2012 (Jan. 1-June 30), a 14% decrease from the 731,500 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. Total...
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July 06, 2012, 07:30 AM
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PennLive reported a federal judge ruled against the Harrisburg Authority in its multimillion dollar battle against CIT Capital in U.S. Middle Court related to the city's botched incinerator refit project. According to the report, the authority and...
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June 28, 2012, 06:40 AM
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Total bankruptcy filings in the United States for May 2012 decreased 11% compared to the previous year, according to data provided by Epiq Systems, Inc. May bankruptcy filings totaled 109,392, down from the 122,836 filings registered in May...
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June 06, 2012, 08:00 AM
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Total bankruptcy filings in the United States decreased 12% in the first calendar quarter (Jan. 1 – March 31) of 2012 from the same period in 2011, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 314,583 in the first...
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April 06, 2012, 08:30 AM
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An article in the April edition of the ABI Journal proposes that changes be made to the Bankruptcy Code to allow for a “structured dismissal,” as well as a joint plan and disclosure statement process to maximize distributions to unsecured creditors....
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April 06, 2012, 07:00 AM
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Reuters reported CIT Group has asked a federal judge to approve a $75 million settlement proposal with former CIT shareholders in a class-action securities fraud lawsuit over actions preceding the large commercial lender's 2009 bankruptcy.According...
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March 14, 2012, 06:15 AM
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An article in the March edition of the ABI Journal concludes that the continued decline of middle-market businesses bankruptcies is no longer a trend, but instead a permanent shift to the way insolvency situations are managed in the current and...
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March 06, 2012, 07:30 AM
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The American Bankruptcy Institute reported total commercial bankruptcy filings for January 2012 fell 20 percent to 4,967 from 6,203 recorded in January 2011. The total January 2012 commercial filings dropped 10 percent from the 5,496 filings in...
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February 06, 2012, 07:00 AM
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A majority of respondents in a recent American Bankruptcy Institute Quick Poll believe that business bankruptcy filings will increase by more than 10% in 2012. 68% agree (31% “strongly agreed” and 37% “somewhat agreed”) that business filings will...
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January 20, 2012, 06:30 AM
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American Bankruptcy Institute released a report indicating total bankruptcy filings in the United States decreased 12% in 2011 over calendar year 2010, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 1,379,113 for the...
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January 05, 2012, 07:00 AM
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NASDAQ reported equipment renter Ahern Rentals Inc. can begin utilizing a $350 million bankruptcy loan from its big-bank lenders, primarily to pay off some of its debt.
According to the report, Judge Bruce Beesley of U.S. Bankruptcy Court in Reno...
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December 30, 2011, 07:00 AM
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An article in the November edition of the ABI Journal examines a recent split in circuit courts over the issue of credit-bidding in asset sales through liquidating reorganization plans, and how the issue is now ripe for Supreme Court consideration....
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December 12, 2011, 06:30 AM
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The American Bankruptcy Institute reported the total number of U.S. bankruptcies filed during fiscal year 2011 (September 30, 2010-September 30, 2011) dropped 8 percent over fiscal year 2010 (September 30, 2009-September 30, 2010), according to data...
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November 10, 2011, 07:30 AM
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Bloomberg reported that Jefferson County, Alabama declared the largest municipal bankruptcy in U.S. history. The filing came after state lawmakers failed to back a September agreement with creditors led by JPMorgan Chase that would have reduced its...
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November 10, 2011, 06:30 AM
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