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: October Commercial Chapter 11 Filings Increase 75% Y/Y

Commercial chapter 11 filings increased 75% in October 2018 over October of last year, according to data provided by Epiq Systems on behalf of the American Bankruptcy Institute.

The AI Revolution: Delivering Data-Based Legal Services

While some lawyers may be leery of or intimidated by artificial intelligence tools, a panel of experts has demystified the technology and described the ways in which it can expand the legal services market. Karim Guirguis and John Hartgen recap a recent American Bankruptcy Institute panel discussing the role of artificial intelligence in bankruptcy.

June Commercial Chapter 11 Filings Decrease 49% Y/Y

The American Bankruptcy Institute reported a total of 306 commercial Chapter 11 bankruptcies for the month of June 2018, a 49% decrease from the 601 commercial Chapter 11 filings in June 2017.

ABI: May Commercial Bankruptcies Decrease 23% Y/Y

Total U.S. commercial bankruptcy filings decreased 23% in May 2018 compared to May of last year, according to data provided by Epiq Systems to the American Bankruptcy Institute.

Gavin Elected President of ABI

Ted Gavin of Gavin/Solmonese was elected president of the American Bankruptcy Institute, succeeding retired Judge Eugene R. Wedofff, at the organization’s annual spring meeting.

ABI: Q1/18 Commercial Chapter 11 Filings Increase 22% Year/Year

The American Bankruptcy Institute reported total commercial Chapter 11 filings increased 22% from 1,280 in Q1/17 to 1,562 during the first three months of 2018.

February Chapter 11 Filings Increase 4% Year/Year

The American Bankruptcy Institute reported that there were 425 total commercial Chapter 11 filings in February 2018, representing an increase of 4% from February 2017’s total of 407.