According to Epiq, 2020 had the lowest number of bankruptcy filings in the U.S. since 1968, with a total of 529,068 filings across all chapters. However, Chapter 11 filings continued to grow year-over-year, rising 29% to 7,128 new filings in 2020 compared with 5,518 in 2019. read more

JAN 6, 2021 - 6:52 am

Many equipment lessees have been hit hard by the economic downturn caused by the COVID-19 pandemic. Inez Markovich and Howard Brod Brownstein outline the rights and remedies of equipment finance lessors and lenders when their customers face temporary distress or a Chapter 11 filing. ... read more

May/Jun 2020 2020

Monitor Live+ Beyond the Curve: The Great Reset from Collections to Repossessions offered valuable takeaways for the industry, offering a legal perspective on the topics of collection, litigation and recovery efforts in a post-pandemic climate.  read more

JUN 25, 2020 - 7:03 am

Greenberg Traurig rejoined forces with Bruce Zirinsky, who has played a prominent role in restructurings and bankruptcies covering a broad cross-section of industries, including equipment leasing and finance. read more

MAR 27, 2020 - 6:45 am

Bristow Group has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. Its lenders provided a commitment for $75 million in debtor-in-possession financing that would be available upon Court approval. read more

MAY 14, 2019 - 5:45 am

The Wall Street Journal reported that two senators have proposed changes to Chapter 11 filings for small businesses with debt of $2.5 million or less, which could expedite the process at a lower cost. read more

NOV 30, 2018 - 6:50 am

A recent Bankruptcy Court oral decision has cast doubt on using casualty values in a default context. Stephen Whelan provides background on this turn of events and offers an improved solution for lessors to calculate damages and stipulated loss values.... read more

Monitor 100 2018

According to the American Bankruptcy Institute, total commercial filings dropped 32% to 391 in April from the April 2017 total of 575. read more

MAY 7, 2018 - 7:00 am

The American Bankruptcy Institute reported December Chapter 11 filings were 699, up 107% from the previous year. Calendar year 2017 Chapter 11 filings were 5,744, a 6% increase from 5,447 filings in 2016. read more

JAN 8, 2018 - 7:33 am

Blank Rome’s Michael Schaedle and Gregory Vizza dissect the New York Bankruptcy Court’s Daebo International Shipping decision that upholds the independence of vessel lenders and lessors from their borrowers’ and lessees’ general obligations while reaffirming the power of Chapter 15 to protect foreign collective remedies from opportunistic individual creditor action in the U.S.... read more

Monitor 100 2017

According to the ABI and Epiq Systems, total commercial Chapter 11 bankruptcies for the month of June 2017 increased 16% but commercial Chapter 11 filings have dropped 7% in 2017 overall. read more

JUL 28, 2017 - 6:20 am

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. read more

JUN 8, 2017 - 7:38 am

According to the American Bankruptcy Institute, total commercial filings for April 2017 were 3,303, down 5.14% from 3,482 filings in April 2016. read more

MAY 5, 2017 - 7:15 am

Erickson and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division. read more

NOV 10, 2016 - 6:34 am

Total commercial Chapter 11 filings dipped 41% to 405 filings in April 2015 from the 689 commercial Chapter 11 filings registered in April 2014, according to data provided by Epiq Systems. read more

MAY 5, 2015 - 7:03 am