July Business Bankruptcy Filings Drop 21% Y/Y
The American Bankruptcy Institute reported total commercial bankruptcy filings in July 2014 decreased to 2,874 or 21% from the 3,632 business filings recorded in July 2013.
The American Bankruptcy Institute reported total commercial bankruptcy filings in July 2014 decreased to 2,874 or 21% from the 3,632 business filings recorded in July 2013.
Total commercial bankruptcy filings during calendar year 2013 down 24% from same period in 2012, according to the ABI and Epiq Systems.
The American Bankruptcy Institute said total commercial bankruptcy filings during the first nine months of 2013 decreased 23% from the same period in 2012.
Total commercial bankruptcy filings in the U.S. for August 2013 fell 24% from the same period in 2012, according to the American Bankruptcy Institute citing data provided by Epiq Systems.
ABI announced that Patricia A. Redmond will serve as president for the 2013-2014 term. Redmond is formerly ABI’s VP-Development and has served on the board of directors since 2003.
CFO, reporting on a recent panel of the American Bankruptcy Institute, said the high fees debtor companies pay to lawyers and professional services firms damage the filing company’s value and investor recoveries.
The American Bankruptcy Institute announced that a new batch of officers and directors were elected during the organization’s 31st Annual Spring Meeting, held April 18-21 in National Harbor, MD.
The 31st Annual Spring Meeting features a roster of the best national speakers, and the depth and scope of topics offer something for everyone. Four concurrent workshops will cover various “tracks,” including programs for attorneys in large and small commercial cases, a track for restructuring professionals and a track dealing solely with consumer issues. The […]
Total commercial bankruptcy filings for Q1/13 decreased 27% from the same period in 2012, according to the American Bankruptcy Institute.