ABI: Healthcare Bankruptcies Provide Unique Challenges for Government

Due to risks surrounding the vulnerability of patients, healthcare bankruptcies present government agencies with a unique set of challenges and responsibilities, according to a December ABI Journal article.

November Commercial Chapter 11 Filings Increase 50% Y/Y

According to data provided by Epiq Systems, commercial chapter 11 filings increased 50% in November 2018 over November of last year, though total bankruptcy filings experienced a 2% decrease year over year.

ABI Applauds Legislation to Reform Small Business Bankruptcy

Robert J. Keach, co-chair of ABI’s Commission to Study the Reform of Chapter 11, praised the introduction of bipartisan legislation to provide a viable option for small businesses looking to reorganize under the Bankruptcy Code.

ABI: Exempting Veterans’ Benefits in Bankruptcy Will End Disparate Treatment of Financially Struggling Vets Under the Code

Disparate treatment of veterans’ benefits in bankruptcy presents significant hardship to some veterans, and corrections to the Bankruptcy Code should be made immediately, according to a November ABI Journal article.

September Commercial Chapter 11 Filing Down 31% Year/Year

According to the American Bankruptcy Institute, commercial chapter 11 filings totaled 308 in September, a 31% decrease from the 445 filings in the same month one year ago

July Commercial Chapter 11 Filings Up 23% From Last Year

U.S. bankruptcy filings increased 1% in July 2018 from July 2017, according to data provided by Epiq Systems. Commercial Chapter 11 filings were up 23% over last year.

April Commercial Chapter 11 Filings Tumble 32%

According to the American Bankruptcy Institute, total commercial filings dropped 32% to 391 in April from the April 2017 total of 575.

November Commercial Chapter 11 Filings Up 12% Over 2016

The American Bankruptcy Institute reported commercial Chapter 11 filings increased 12% in November 2017 over November of last year, according to data provided by Epiq Systems.

October Commercial Chapter 11 Filings Drop 22% Year/Year

The American Bankruptcy Institute announced the 316 total commercial Chapter 11 filings in October were down 22% from the October 2016 commercial Chapter 11 filing total of 405.

April Y/Y Commercial Bankruptcies, Chapter 11 Filings Lower

According to the American Bankruptcy Institute, total commercial filings for April 2017 were 3,303, down 5.14% from 3,482 filings in April 2016.
Chapter 11 filings showed the largest change with an 18.2% year/year decline.