According to Epiq Bankruptcy, commercial Chapter 11 filings increased 105% in May 2023 to 680 versus the 332 filings in May 2022. Nearly half of the Chapter 11 filings were made by corporate subsidiaries.
Small business bankruptcy filings, captured as Subchapter V elections within Chapter 11, increased 81% year over year in April, according to Epiq Bankruptcy. All Chapter 11 filings increased 32% year over year in April.
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.
New bankruptcy filings in February registered double-digit year-over-year increases across all major U.S. filing categories, according to data provided by Epiq Bankruptcy, including an 83% increase in Chapter 11 filings.
According to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, new bankruptcy filings were up year over year across Chapters 7, 11, 13 and 15 in January.
Commercial Chapter 11 filings increased by 2% to 3,816 in calendar year 2022 from the previous year’s total of 3,726, according to Epiq Bankruptcy.
Commercial Chapter 11 filings increased 74% to 345 in November 2022 from the 198 filings recorded in November 2021, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data.
According to data provided by Epiq Bankruptcy, commercial Chapter 11 filings increased 2% year over year in October while decreasing 32% on a month-over-month basis. In addition, Subchapter V elections increased 28% year over year and decreased 16% month over month.
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.