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.

ABI 2017 Chapter 11 Review: Large Company Filings Down, Retail & Oil Still Show Distress

Although a parade of Chapter 11 filings by major retailers grabbed the headlines in 2017, Samuel Gerdano and Ed Flynn of the American Bankruptcy Institute point out that, overall, large company filings were down compared to the previous two years. They predict 2018 will offer more of the same.

December Chapter 11 Filings Up Sharply; Full Year Up 6%

The American Bankruptcy Institute reported December Chapter 11 filings were 699, up 107% from the previous year. Calendar year 2017 Chapter 11 filings were 5,744, a 6% increase from 5,447 filings in 2016.

ABI ED Gerdano to Receive M&A Lifetime Achievement Award

ABI Executive Director Samuel J. Gerdano will receive the 2018 M&A Advisor Lifetime Achievement Award at the 12th Annual Turnaround Awards Gala on March 21, 2018.

Bankruptcy Filings Decrease for Sixth Straight Year in 2016

For the sixth straight year, fewer bankruptcy cases were filed. American Bankruptcy Institute Executive Director Sam Gerdano and Consultant Ed Flynn provide a more nuanced look at the patterns that emerged in 2016 and predicts a quiet year ahead.

ABI: 2016 Commercial Filings Increase 26% Year/Year

The American Bankruptcy Institute reported total commercial filings during calendar year 2016 were 37,772, up 26% from the 29,920 commercial filings in 2015.