June Commercial Chapter 11 Filings Increase 16% Year/Year
According to the ABI, total commercial Chapter 11 bankruptcies for the month of June 2017 were 581, representing a 16% increase from the 502 commercial filings in June 2016.
According to the ABI, total commercial Chapter 11 bankruptcies for the month of June 2017 were 581, representing a 16% increase from the 502 commercial filings in June 2016.
According to the American Bankruptcy Institute, citing data for Epiq Systems, total U.S. bankruptcy filings increased 5% in May 2017 compared to the same period 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.
The American Bankruptcy Institute reports that total U.S. bankruptcy filings increased 5% in January 2017 from the same period last year, according to data provided by Epiq Systems.
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.
The American Bankruptcy Institute reported U.S. commercial bankruptcy filings increased 26% in November 2016 over November of last year, according to data provided by Epiq Systems. Commercial filings totaled 2,908 in November 2016, up from the November 2015 total of 2,311.
Total U.S. commercial bankruptcy filings increased 28% in August 2016 over August of last year, according to data provided by the American Bankruptcy Institute.
The American Bankruptcy Institute reported there were 355 commercial Chapter 11 filings in July 2016, down 45% from the 645 filings registered in July 2015 according to data provided by Epiq Systems.
The American Bankruptcy Institute reported April commercial chapter 11 filings were up 67% compared to the same month in 2015 and 51% compared to March 2016.
The American Bankruptcy Institute elected Jeffrey N. Pomerantz of Pachulski Stang Ziehl & Jones to serve as president of its board of directors for a one-year term.