ABI: Total Bankruptcy Filings Decrease 2% in 2018

Total bankruptcy filings during calendar year 2018 decreased 2% from 2017, according to the American Bankruptcy Institute from data provided by Epiq Systems.

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: 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.

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.

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.