ABI: Commercial Chapter 11 Filings Up 26% Y/Y, Bankruptcy Filings Down 23% in H1/20

The ABI reported total commercial Chapter 11 filings during the first six months of 2020 increased 26% to 3,604 from the 2,855 total filings during the same period in 2019, according to data provided by Epiq.

July 7, 2020 American Bankruptcy Institute | Amy Quackenboss | Epiq Phil Neuffer

ABI: Nearly 500 Small Businesses File for Bankruptcy Under Subchapter V Provision

According to data from the American Bankruptcy Institute, 471 small businesses elected to file for bankruptcy relief under the new Subchapter V to Chapter 11 of the Bankruptcy Code since it was enacted.

June 26, 2020 ABI | Amy Quackenboss | Ed Flynn | SBRA | Small Business Reorganization Act Phil Neuffer

ABI President Houser Issues Statement on Commitment to Diversity and Inclusion

Bankruptcy judge Barbara Houser, president of the American Bankruptcy Institute, issued a statement on ABI’s commitment to diversity and inclusion, including an update on the work of ABI’s diversity and inclusion working group.

June 17, 2020 American Bankruptcy Institute | Amy Quackenboss | Barbara Houser | Michael Bernstein Phil Neuffer

May Chapter 11 Bankruptcy Filings Jump 48% Y/Y

Total commercial Chapter 11 filings in May 2020 increased 48% from May 2019, according to data provided by Epiq Systems. However, total bankruptcy filings in May 2020 were down 42% from total filings in May 2019.

June 4, 2020 American Bankruptcy Institute | Amy Quackenboss | Epiq Systems Phil Neuffer

April Chapter 11 Bankruptcy Filings Up 26% Y/Y

Total commercial chapter 11 filings rose 26% in April 2020 compared with April 2019, according to data provided by Epiq Systems.

May 6, 2020 American Bankruptcy Institute | Amy Quackenboss Phil Neuffer

ABI Launches COVID-19 Resources Website

The American Bankruptcy Institute (ABI) launched a COVID-19 resources website for bankruptcy professionals and the public to access information and analysis regarding the financial distress being inflicted by the COVID-19 pandemic.

April 30, 2020 American Bankruptcy Institute | Amy Quackenboss Phil Neuffer

ABI Makes eLearning Offerings Available to Non-Members

The American Bankruptcy Institute is offering complimentary access to its collection of more than 2,700 sessions on its eLearning website during the ongoing COVID-19 quarantine.

April 21, 2020 American Bankruptcy Institute | Amy Quackenboss Phil Neuffer

Bankruptcy Update

While Chapter 11 filings in 2019 were about half of the peak reached in 2005, there were significant filings by iconic companies. The American Bankruptcy Institute monitors the bankruptcy landscape and lobbies to pass key legislation, like the Small Business Reorganization Act of 2019. Amy Quackenboss and Ed Flynn provide an overview of significant bankruptcy actions in 2019 and look ahead to 2020.

April 7, 2020 ABI | American Bankruptcy Institute | Amy Quackenboss | Ed Flynn Kevin Finegan

Amy Quackenboss Takes The Reins at ABI

As a new decade dawns, a changing of the guard brings new leadership to the American Bankruptcy Institute. Longtime deputy director Amy Quackenboss has taken the reins upon the retirement of Sam Gerdano.

April 7, 2020 ABI | American Bankruptcy Institute | Amy Quackenboss Kevin Finegan

Commercial Chapter 11 Bankruptcy Filings Jump 14% in Q1/20

Total commercial chapter 11 bankruptcy filings for Q1/20 increased 14% from the same period last year, according to data provided by Epiq Systems.

April 7, 2020 American Bankruptcy Institute | Amy Quackenboss | Epiq Systems Phil Neuffer