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
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
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 were up 33% as January 2015’s commercial Chapter 11 filings increased to 518 from 391 filings in January 2014, according to data provided by Epiq Systems. read more
FEB 5, 2015 - 7:22 am
Total commercial chapter 11 filings for November 2014 were 296, representing a 39% decrease from the 487 filings reported during the same period in 2013, according to data provided by Epiq Systems. read more
DEC 4, 2014 - 7:04 am