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.

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.

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.

August Commercial Chapter 11 Filings Increased 29% Over July

Commercial Chapter 11 filings totaled 426 in August 2017, a 29% increase over July’s total of 331 filings, according to data provided by Epiq Systems, which has partnered with the American Bankruptcy Institute.

ABI: Commercial Chapter 11s Fall 44% Sequentially, 9% Y/Y

According to the American Bankruptcy Institute, commercial Chapter 11 filings registered a 44% decrease in July with 325 filing, down from June’s total of 582. Commercial Chapter 11 filings were down 9% from last year’s 358 filings.

June Commercial Chapter 11 Filings Rise 16%, 2017 Down 7% Overall

According to the ABI and Epiq Systems, total commercial Chapter 11 bankruptcies for the month of June 2017 increased 16% but commercial Chapter 11 filings have dropped 7% in 2017 overall.

Feb. Bankruptcy Filings Down 10% from 2016, Chapter 11 Filings Down 20%

The American Bankruptcy Institute reported total U.S. bankruptcy filings decreased 10% in February from the same period last year, according to data provided by Epiq Systems. Chapter 11 filings were down 20%.

November Commercial Bankruptcy Filings Up 26% Over Previous Year

The American Bankruptcy Institute reported U.S. commercial bankruptcy filings increased 26% in November 2016 over November of last year, according to data provided by Epiq Systems. Commercial filings totaled 2,908 in November 2016, up from the November 2015 total of 2,311.

August Business Filings Increase 28% From Previous Year

Total U.S. commercial bankruptcy filings increased 28% in August 2016 over August of last year, according to data provided by the American Bankruptcy Institute.

BofA Merrill Lynch, Goldman Sachs Support Epiq Systems Acquisition

In a transaction valued at approximately $1 billion, Epiq Systems has entered into a definitive agreement to be acquired by OMERS Private Equity, the private equity arm of the OMERS pension plan and funds managed by Harvest Partners.