There were 362 commercial Chapter 11 filings registered in July 2023, an increase of 71% from the 212 filings registered in July 2022, according to data provided by Epiq Bankruptcy.
According to data provided by Epiq Bankruptcy, the 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a 68% increase over the 1,766 filed during the same period in 2022. Individual Chapter 13 filings increased by 23% during the same period.
According to data provided by Epiq Bankruptcy, new bankruptcy filings in March 2023 registered year-over-year increases across all U.S. major filing categories for the third month in a row.
ABI announced the honorees of its 2022 “40 Under 40” initiative, which identifies 40 top industry professionals under age 40. The honorees will be recognized at a special ceremony to be held on Dec. 9 at ABI’s 2022 Winter Leadership Conference.
Year-over-year U.S. bankruptcy filings increased 7% across all chapters for the second consecutive month in September, according to data released today from Epiq’s bankruptcy analytics platform.
Bankruptcy filings in August 2022 across all chapters totaled 35,355, a 10% increase from the August 2021 total of 32,276, according to new research released today from Epiq’s Bankruptcy analytics platform.
According to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, there were 330 commercial Chapter 11 filings registered in May 2022, an increase of 34% from the 246 filings in May 2021.
Total U.S. bankruptcy filings in April 2022 decreased 21% from last April, according to data provided by Epiq Bankruptcy. Commercial filings decreased 16% in April 2022, as the 1,761 filings were down from the 2,105 commercial filings registered in April 2021.
The “Bankruptcy Administration Improvement Act of 2020” was signed into law on Wednesday. The act previously passed the Senate and the House of Representatives. Among its provisions, the bill reduces the amount of quarterly fees paid and simplifies the free structures in Chapter 11 cases.
The American Bankruptcy Institute promoted Karim Guirguis, PMP, CAE, to chief operating officer and Mary Kleppinger, SHRM-SCP, to chief people and culture officer.