The American Bankruptcy Institute's Subchapter V Task Force unveiled its final report of recommendations pertaining to the $7.5 million debt sublimit for Subchapter V filings within Chapter 11 of the U.S. Bankruptcy Code, calling for the permanent maintenance of the $7.5 million threshold. read more
APR 22, 2024 - 6:50 am
The U.S. Senate is considering an extension of the current Subchapter V debt sublimit within Chapter 11 bankruptcy filings following the introduction of legislation that would push out the expiration date for the $7.5 million threshold to 2026. read more
APR 19, 2024 - 6:31 am
New bankruptcy filings during Q1/24 registered year-over-year increases across all major filing categories in the U.S., according to Epiq Bankruptcy, with total commercial Chapter 11 filings registering the largest increase, rising 43% year over year. read more
APR 3, 2024 - 6:47 am
Commercial Chapter 11 bankruptcy filings climbed 118% year over year in February 2024, with the 822 filings during the month comparing to the 377 filings in February 2023, according to Epiq Bankruptcy. The sizable increase in commercial Chapter 11 filings in February was spurred by a large number of related filings in two large commercial Chapter 11 proceedings. read more
MAR 5, 2024 - 6:28 am
Chapter 11 bankruptcy filings increased 22% year over year in January, while small business filings, captured as Subchapter V elections within Chapter 11, increased 43%, according to Epiq Bankruptcy. read more
FEB 5, 2024 - 6:38 am
Commercial Chapter 11 bankruptcy filings increased 72% to 6,569 in 2023 from the previous year’s total of 3,819, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. read more
JAN 4, 2024 - 6:51 am
The bankruptcy filing by WeWork in November propelled November commercial Chapter 11 filings to 842, an increase of 141% compared with the 349 filings registered in November 2022, according to data provided by Epiq Bankruptcy. read more
DEC 5, 2023 - 6:49 am
There were 631 commercial Chapter 11 bankruptcy filings registered in the U.S. in October, an increase of 106% from the 306 filings registered in October 2022, according to data provided by Epiq Bankruptcy. read more
NOV 3, 2023 - 6:58 am
The 4,553 total commercial Chapter 11 bankruptcies filed during the first nine months of 2023 represented a 61% increase over the 2,837 filed during the same period in 2022, according to data provided by Epiq Bankruptcy. read more
OCT 4, 2023 - 6:38 am
There were 634 commercial Chapter 11 filings registered in August, an increase of 54% from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy. read more
SEP 6, 2023 - 7:22 am
The American Bankruptcy Institute’s Subchapter V task force will hold its second virtual public hearing at 3 p.m. EDT on June 23 to receive witness testimony regarding eligibility issues related to Subchapter V of Chapter 11 of the U.S. Bankruptcy Code. read more
JUN 19, 2023 - 7:32 am
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. read more
MAY 3, 2023 - 6:57 am
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. read more
MAR 6, 2023 - 7:14 am
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. read more
FEB 6, 2023 - 7:16 am
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. read more
NOV 4, 2022 - 7:02 am