The American Bankruptcy Institute announced total commercial bankruptcy filings in February 2016 jumped to 3,000, representing a 32% increase from the 2,280 filings recorded in February 2015.
A team of students from the University of Pennsylvania’s Wharton School of Business earned top honors at the ABI Corporate Restructuring Competition, besting nine other teams from seven schools at the 12th annual event.
The American Bankruptcy Institute announced that total Chapter 11 filings increased 10% to 428 filings in October 2015 from the 391 Chapter 11 filings registered in the same month one-year ago.
The ABI’s Fraud and Forensics: Piercing through the Deception in a Commercial Fraud Case examines the challenges faced in the course of a commercial fraud matter.
Credit Bidding in Bankruptcy Sales details how the courts have handled this debate, with reference to specific cases such as Fisker and Free Lance-Star.
The ABI Commission to Study the Reform of Chapter 11 released its final report containing recommendations for modernizing the Bankruptcy Code for Chapter 11 business reorganizations.
The ABI presented Chief Bankruptcy Judge Barbara J. Houser (N.D. Tex.; Dallas) with the Judge William L. Norton, Jr. Judicial Excellence Award during the 88th National Conference of Bankruptcy Judges.
According to the American Bankruptcy Institute, more American consumers and businesses have avoided making a trip to bankruptcy court in 2014.
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.