There were 539 commercial chapter 11 filings recorded in January 2025, a 16% increase from the 465 commercial chapter 11s in January 2024, according to Epiq AACER. Overall commercial bankruptcy filings rose 11% in January 2025. read more
FEB 5, 2025 - 5:54 am
Commercial chapter 11 filings increased 20% in calendar year 2024 to 7,879 from 6,583 filings the previous year, according to data provided by Epiq AACER. Overall commercial filings increased 17% to 30,009 from the 25,731 registered the previous year. read more
JAN 7, 2025 - 5:50 am
Total bankruptcy filings were 47,104 in October 2024, a 16% increase from the October 2023 total of 40,674, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. read more
NOV 6, 2024 - 6:17 am
The 6,067 total commercial chapter 11 bankruptcies filed during the first nine months of 2024 represented a 36% increase over the 4,561 filed during the same period in 2023, according to Epiq AACER, a provider of U.S. bankruptcy filing data. read more
OCT 4, 2024 - 6:19 am
Filings in the services, manufacturing, finance, insurance and real estate industries contribute to year-over-year increase, according to a report released by Cornerstone Research. Large corporate bankruptcy filings continued to climb in H2/23 through H1/24. read more
OCT 2, 2024 - 6:22 am
Small business filings, captured as subchapter V elections within chapter 11, registered a 53% increase to 228 in May 2024 from 149 in May 2023, according to data provided by Epiq AACER. Commercial chapter 11 filings, as well as overall commercial filings, increased 11%. read more
JUN 5, 2024 - 6:40 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
Total bankruptcy filings fell more than 40% in January 2021 compared to last year, according to data provided to the ABI by Epiq. Commercial chapter 11 filings in January 2021 totaled 479, a 24% drop from the 631 commercial chapter 11 filings in January 2020. read more
FEB 8, 2021 - 5:00 am
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
Extraction Oil & Gas has voluntarily filed for petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Wells Fargo has underwritten a $125 million DIP financing facility, subject to Court approval. read more
JUN 15, 2020 - 6:45 am
Ritchie Bros. was chosen to sell select trucks and trailers owned by Celadon Group, which filed for Chapter 11 bankruptcy protection in December 2019. read more
MAR 6, 2020 - 6:25 am
Total commercial chapter 11 filings in January 2020 increased 72% over the same period last year, according to data provided by Epiq Systems, Inc. read more
FEB 6, 2020 - 6:56 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
Total bankruptcy filings during calendar year 2018 decreased 2% from 2017, according to data provided by Epiq Systems. read more
JAN 9, 2019 - 6:35 am
Waypoint Leasing Holdings and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. read more
NOV 26, 2018 - 7:00 am