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News Stories (89 Results) -
ABI
Total individual chapter 7 filings in November 2024 were 22,886, a 14 percent increase over the 20,149 filings recorded in November 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Total bankruptcy...
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December 05, 2024, 07:05 AM
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As part of its continuing study of Subchapter V of the Bankruptcy Code, ABI launched a website for professionals to share their experiences about the real-world impact of Subchapter V in helping small businesses reorganize and helping their creditors...
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August 13, 2024, 07:22 AM
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Commercial chapter 11 filings increased 40 percent in July 2024 to 510 from the 364 filings in July 2023, according to data provided by Epiq AACER. Overall commercial filings also increased 17 percent in July 2024 to 2,335 from 2,004 in July 2023.The...
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August 06, 2024, 07:20 AM
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The 987 total commercial chapter 11 bankruptcies filed during the first six months of 2024 represented a 70 percent increase over the 582 filed during the same period in 2023, according to data provided by Epiq AACER, the leading provider of U.S....
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July 03, 2024, 07:22 AM
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The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors: Christopher A. Ward of Polsinelli (Wilmington, Del.) has become ABI President for a one-year term, succeeding Soneet R....
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April 30, 2024, 07:00 AM
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New bankruptcy filings during the first calendar quarter of 2024 registered year-over-year increases across all U.S. major filing categories, according to data provided by Epiq Bankruptcy.
Total commercial chapter 11 filings (including subchapter V)...
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April 03, 2024, 07:23 AM
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Commercial chapter 11 bankruptcy filings climbed 118 percent in February, with the 822 filings versus the 377 filings in February 2023, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data. The sizable increase in...
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March 05, 2024, 07:21 AM
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Total bankruptcy filings were 36,607 in January 2024, a 17 percent increase from the January 2023 total of 31,176, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. January marks 18 consecutive months...
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February 05, 2024, 07:14 AM
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Commercial chapter 11 filings increased 72 percent to 6,569 in calendar year 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.Overall commercial filings increased 19...
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January 04, 2024, 07:23 AM
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There were 631 commercial chapter 11 filings registered in October 2023, an increase of 106 percent from the 306 filings registered in October 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing...
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November 02, 2023, 07:23 AM
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There were 634 commercial chapter 11 filings registered in August 2023, an increase of 54 percent from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy.Overall commercial filings increased 14 percent to 2,328...
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September 06, 2023, 07:25 AM
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The 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a 68 percent increase over the 1,766 filed during the same period in 2022, according to data provided by Epiq Bankruptcy.Overall commercial...
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July 05, 2023, 07:23 AM
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Commercial Chapter 11 filings increased 105 percent in May 2023 to 680 versus the 332 filings in May 2022, according to data provided by Epiq Bankruptcy. Nearly half of the Chapter 11 filings were made by corporate subsidiaries.Overall commercial...
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June 05, 2023, 07:25 AM
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Small business filings, captured as subchapter V elections within Chapter 11, increased 81 percent to 157 in April 2023 from 87 in April 2022, according to data provided by Epiq Bankruptcy. All Chapter 11 filings increased 32 percent in April 2023 to...
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May 03, 2023, 07:23 AM
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New bankruptcy filings in March 2023 registered year-over-year increases across all U.S. major filing categories for the third month in a row, according to data provided by Epiq Bankruptcy, provider of U.S. bankruptcy filing data.A total of 42,368...
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April 04, 2023, 07:23 AM
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New bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories, according to data provided by Epiq Bankruptcy. The 31,889 total new bankruptcy filings in February were up 18 percent...
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March 03, 2023, 07:23 AM
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Bankruptcy new filings were up year-over-year across Chapter 7, 11, 13 and 15 in January 2023, according to data provided by Epiq Bankruptcy.Total commercial filings increased 12 percent to 1,694 in January 2023 over the 1,508 total filings reported...
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February 06, 2023, 07:15 AM
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Individual Chapter 13 bankruptcy filings during calendar year 2022 (Jan. 1-Dec. 31) increased 32 percent to 149,072 from the 2021 total of 112,913, according to data provided by Epiq Bankruptcy. While representing a substantial year-over-year...
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January 09, 2023, 07:00 AM
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Commercial chapter 11 filings for bankruptcy increased 2 percent in October to 304 filings from 297 filings the previous year. Small business filings, captured as subchapter V elections within chapter 11, increased 28 percent to 131 in October 2022...
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November 04, 2022, 07:18 AM
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Year-over-year U.S. bankruptcy filings increased seven percent across all chapters for the second consecutive month in September, according to data released today from Epiq's Bankruptcy Analytics platform. There were 33,184 total filings registered...
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October 06, 2022, 07:10 AM
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Bankruptcy filings in August across all chapters totaled 35,355, a 10 percent increase from the August 2021 total of 32,276, according to new research from Epiq's Bankruptcy Analytics platform.Overall commercial filings increased 6 percent in August...
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September 02, 2022, 07:16 AM
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There were 212 commercial chapter 11 filings registered in July 2022, a decrease of 13 percent from the 245 filings in July 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall commercial...
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August 04, 2022, 07:07 AM
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The 447 commercial chapter 11 filings in June represented a 29 percent increase from the 347 filings in June 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall commercial filings...
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July 07, 2022, 07:00 AM
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The American Bankruptcy Institute (ABI) applauded President Joe Biden for signing into law yesterday the amended S.3823, the “Bankruptcy Threshold Adjustment and Technical Corrections Act.” The bill was introduced by Sen. Charles Grassley (R-Iowa) to...
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June 24, 2022, 07:10 AM
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There were 330 commercial chapter 11 filings registered in May 2022, an increase of 34 percent from the 246 filings in May 2021, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data. Overall commercial filings...
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June 06, 2022, 07:07 AM
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Total U.S. bankruptcy filings in April 2022 decreased 21 percent from the previous year, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Bankruptcy filings totaled 32,508 in April 2022, down from...
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May 05, 2022, 07:00 AM
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The total 36,049 bankruptcy filings for March represented a 34 percent increase over the 26,993 filings during the previous month of February, according to data provided by Epiq Bankruptcy. Similarly, the 34,244 total noncommercial filings for March...
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April 06, 2022, 07:01 AM
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Commercial Chapter 11 filings in February totaled 203, a 52 percent drop from the 420 commercial Chapter 11 filings in February 2021, according to data provided by Epiq. The 1,420 commercial filings in February 2022 were 28 percent less than the...
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March 08, 2022, 07:06 AM
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The 1,499 commercial bankruptcy filings in January were 27 percent fewer than the 2,049 registered in January 2021, according to data provided by Epiq. Commercial Chapter 11 filings in January totaled 223, a 53 percent drop from the 479 commercial...
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February 07, 2022, 07:18 AM
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Commercial bankruptcy filings declined, as the 22,339 business filings in calendar year 2021 represented a 31 percent drop from the 32,517 recorded in calendar year 2020. Commercial Chapter 11 filings registered the largest percentage decrease during...
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January 10, 2022, 07:10 AM
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The 195 commercial Chapter 11 filings in November represented a 70 percent decrease from the 654 filings in November 2020, according to data provided by Epiq. Commercial bankruptcy filings as a whole totaled 1,565 in November 2021, a 33 percent...
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December 08, 2021, 07:15 AM
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Commercial Chapter 11 filings decreased 47 percent, as the 294 filings in October 2021 fell by almost half from the 550 recorded in October 2020. Overall commercial filings in October 2021 totaled 1,775, down 30 percent from the 2,539 filings in...
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November 05, 2021, 07:09 AM
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Commercial Chapter 11 filings totaled 247 in September, a 67 percent decrease from September 2020’s total of 749 filings. September 2020 business filings were 1,690, a decrease of 37 percent compared to the 2,683 business filings in September...
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October 08, 2021, 07:12 AM
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Commercial Chapter 11 filings decreased 50 percent in August 2021 from last year, according to data provided by Epiq Systems. The 264 commercial chapter 11 filings in August 2021 fell by exactly half from the 528 filings registered in August 2020....
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September 08, 2021, 07:17 AM
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Total commercial Chapter 11 filings in July decreased 62 percent from the previous year, according to data provided by Epiq, according to the American Bankruptcy Institute. Commercial Chapter 11 filings totaled 244 in July, down from the July 2020...
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August 06, 2021, 07:15 AM
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Total U.S. bankruptcy filings in April 2021 increased 6 percent from the previous year, according to data provided by Epiq. Bankruptcy filings totaled 40,911 in April 2021, up from the April 2020 total of 38,459, when filings sharply declined in the...
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May 10, 2021, 07:22 AM
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Commercial Chapter 11 filings decreased 9 percent in March to 384 from the 420 commercial Chapter 11 filings in February, according to data provided by Epiq The 2,275 total commercial filings in March represented a 16 percent increase from the 1,965...
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April 07, 2021, 07:00 AM
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Commercial Chapter 11 filings in January 2021 totaled 479, a 24 percent drop from the 631 commercial Chapter 11 filings in January 2020, according to data provided by Epiq. The 2,035 commercial filings in January 2021 were 43 percent less than the...
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February 08, 2021, 07:18 AM
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Commercial Chapter 11 filings increased slightly as the 550 filings in October 2020 were up 4 percent over the 530 recorded in October 2019, according to data provided by Epiq Systems, Inc. Throughout 2020, more than one-half of the commercial...
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November 10, 2020, 07:20 AM
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Commercial Chapter 11 filings increased 17 percent in August 2020 from last year, according to data provided by Epiq Systems, Inc., according to the American Bankruptcy Institute. The 526 commercial Chapter 11 filings in August 2020 were up over the...
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September 11, 2020, 07:00 AM
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Total commercial Chapter 11 filings in July increased 52 percent from the previous year, according to data provided by Epiq. Commercial Chapter 11 filings totaled 643 in July, expanding from the July 2019 total of 423, according to the American...
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August 06, 2020, 07:20 AM
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Total commercial Chapter 11 filings during the first six months of the year increased 26 percent to 3,604 from the 2,855 total filings during the same period in 2019, according to data provided by Epiq, the American Bankruptcy Institute announced....
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July 07, 2020, 07:25 AM
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Total commercial Chapter 11 filings in May increased 48 percent from the previous year, according to data provided by Epiq Systems, Inc. Commercial Chapter 11 filings totaled 722 in May 2020, elevated from the May 2019 total of 487, the American...
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June 04, 2020, 07:27 AM
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Total commercial Chapter 11 filings were up 26 percent to 560 in April from the April 2019 total of 444, according to data provided by Epiq Systems, Inc., the American Bankruptcy Institute reported. Total commercial filings decreased 35 percent in...
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May 05, 2020, 07:22 AM
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Total Commercial Chapter 11 bankruptcy filings for the first calendar quarter of 2020 increased 14 percent from the same period last year, according to data provided by Epiq Systems, Inc. The 1,709 total commercial Chapter 11s from Jan. 1 through...
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April 07, 2020, 07:30 AM
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Total commercial Chapter 11 filings in February 2020 decreased 20 percent over the same period last year, according to data provided by Epiq Systems, Inc. The 547 commercial Chapter 11 filings in February 2020 were down from the 685 commercial...
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March 17, 2020, 07:23 AM
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Total commercial Chapter 11 filings in January 2020 increased 72 percent over the same period last year, according to data provided by Epiq Systems, Inc., the American Bankruptcy Institute reported. The 630 Commercial Chapter 11 filings in January...
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February 06, 2020, 07:25 AM
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The commercial Chapter 11 filing total of 5,502 during calendar year 2019 represented a 0.36 percent increase from the 5,482 commercial Chapter 11 filings in 2018, according to data provided by Epiq Systems, Inc. The 38,944 total commercial filings...
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January 07, 2020, 07:20 AM
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Commercial Chapter 11 filings totaled 414 in September, a 33 percent increase over September 2018’s total of 312 filings, according to data provided by Epiq Systems, Inc. Overall business filings increased 11 percent to 3,129 filings in September...
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October 04, 2019, 07:21 AM
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Commercial Chapter 11 filings increased 19 percent in August from last year, according to data provided by Epiq Systems, Inc. The 432 commercial Chapter 11 filings in August 2019 were up 19 percent over the 364 filings registered in August 2018....
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September 06, 2019, 07:15 AM
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Total commercial Chapter 11 filings in July increased 1 percent to 417 from the 413 total filings during the same period in 2018, the American Bankruptcy Institute reported. July 2019 business filings increased 4 percent to 3,258 from July 2018’s...
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August 09, 2019, 07:10 AM
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Total U.S. bankruptcy filings decreased 8 percent in July 2017 from June, according to data provided by Epiq Systems, Inc. Total filings registered 61,366 in July 2017, down from the June 2017 total of 66,789. The 58,522 consumer filings in July also...
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August 04, 2017, 07:10 AM
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Total commercial chapter 11 bankruptcies for the month of June 2017 were 581, representing a 16 percent increase from the 502 commercial chapter 11 filings in June 2016, according to data provided to the American Bankruptcy Institute by Epiq Systems...
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July 07, 2017, 07:09 AM
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The results of the “National Study of Individual Chapter 11 Bankruptcies,” commissioned by the ABI Endowment Fund, found that individuals account for more than a quarter of chapter 11 bankruptcy filings, and that this share has grown over time. The...
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April 17, 2017, 07:12 AM
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Total U.S. bankruptcy filings fell slightly in the first calendar quarter (Jan. 1 - March 31) of 2017 from the same period in 2016, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 195,199 in the first quarter of 2017, down...
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April 10, 2017, 07:04 AM
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Total U.S. bankruptcy filings increased 5 percent in January 2017 from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 55,212 in January 2017, up from the January 2016 total of 52,560. With the...
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February 06, 2017, 07:07 AM
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Total commercial filings during calendar year 2016 (Jan. 1-Dec. 31) were 37,771, a 26 percent increase from the 29,920 filings for 2015, according to data provided by Epiq Systems, Inc. There were 5,438 commercial chapter 11s filings during calendar...
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January 06, 2017, 07:09 AM
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Total U.S. commercial bankruptcy filings increased 21 percent in October 2016 over October of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 3,023 in October 2016, up from the October 2015 total of 2,491....
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November 04, 2016, 07:10 AM
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Total commercial filings during the first six months of the year (Jan. 1-June 30) increased 29 percent to 19,470 over the 15,071 total commercial filings during the same period in 2015, according to data provided by Epiq Systems, Inc. Commercial...
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July 07, 2016, 07:11 AM
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Total U.S. commercial bankruptcy filings increased 32 percent in May 2016 over May of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 3,358 in May 2016, up from the May 2015 total of 2,550. May is the seventh...
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June 03, 2016, 07:12 AM
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Total U.S. commercial bankruptcy filings increased 32 percent in April 2016 over April of last year, according to data provided by Epiq Systems, Inc. Commercial filings totaled 3,482 in April 2016, up from the April 2015 total of 2,641. April is the...
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May 05, 2016, 07:11 AM
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Total U.S. bankruptcy filings fell 5 percent in the first calendar quarter (Jan. 1 - March 31) of 2016 from the same period in 2015, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 195,565 in the first quarter of 2016...
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April 08, 2016, 07:00 AM
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Total bankruptcy filings totaled 819,240 nationwide for calendar year 2015 (Jan. 1-Dec. 31), a 10 percent decrease from the 910,397 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 789,222 total...
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January 08, 2016, 07:12 AM
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Total bankruptcy filings in the United States increased 5 percent in November 2015 from November of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 65,511 in November 2015, up from the November 2014 total of...
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December 04, 2015, 07:25 AM
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U.S. bankruptcy filings totaled 629,570 during the first nine months of 2015 (Jan. 1-September 30), an 11 percent decrease from the 705,728 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 607,182...
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October 08, 2015, 07:05 AM
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Total commercial chapter 11 filings in the United States increased 77 percent in July 2015 over July of last year, according to data provided by Epiq Systems, Inc. Commercial chapter 11 filings increased to 637 filings in July 2015 from the 359...
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August 07, 2015, 07:11 AM
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Total bankruptcy filings totaled 422,782 nationwide during the first six months of 2015 (Jan. 1-June 30), a 12 percent decrease from the 479,573 total filings reported during the same period a year ago, according to data provided by Epiq Systems, Inc...
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July 09, 2015, 07:00 AM
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Total bankruptcy filings totaled 910,090 nationwide for calendar year 2014 (Jan. 1-Dec. 31), a 12 percent decrease from the 1,032,572 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 875,635 total...
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January 07, 2015, 06:59 AM
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Total bankruptcy filings in the U.S. for November 2014 decreased 16 percent compared to the previous year, according to data provided by Epiq Systems, Inc. November bankruptcy filings totaled 62,403, down from the 74,070 filings registered in...
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December 08, 2014, 06:00 AM
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The looming maturity of large numbers of commercial mortgage-backed securities (CMBS) is a signal to borrowers and professionals involved in commercial loans to be prepared for a potential crisis, according to the November edition of the ABI Journal....
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November 24, 2014, 06:45 AM
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Total bankruptcy filings in the United States decreased 12 percent in October 2014 from October of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 78,957 in October 2014, down from the October 2013 total of...
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November 06, 2014, 07:10 AM
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Total bankruptcy filings in the United States decreased 13 percent in April 2014 over April of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 87,954 in April 2014, down from the April 2013 total of 100,770....
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May 07, 2014, 06:45 AM
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Total bankruptcy filings in the United States decreased 12 percent in the first calendar quarter (Jan. 1 - March 31) of 2014 from the same period in 2013, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 231,647 in the...
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April 04, 2014, 06:50 AM
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Total bankruptcy filings in the United States decreased 12 percent in February over the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 72,193 in February 2014, down 12 percent from the February 2013...
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March 06, 2014, 06:38 AM
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Total U.S. bankruptcy filings for the month of October increased 11 percent compared to September, according to data provided by Epiq Systems, Inc. October bankruptcy filings totaled 89,875, up from the 80,668 filings registered in September 2013....
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November 06, 2013, 06:59 AM
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Total bankruptcy filings in the United States for July 2013 decreased 10 percent compared to the previous year, according to data provided by Epiq Systems, Inc. July bankruptcy filings totaled 87,684, down from the 97,287 filings registered in July...
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August 06, 2013, 07:00 AM
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Total bankruptcy filings totaled 544,390 nationwide during the first six months of 2013 (Jan. 1-June 30), a 14 percent decrease from the 632,541 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 520...
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July 08, 2013, 06:54 AM
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Total bankruptcy filings in the United States decreased 12 percent in May over last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 96,430 in May 2013, down from the May 2012 total of 109,538. Consumer filings...
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June 06, 2013, 06:55 AM
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Total bankruptcy filings in the United States decreased 16 percent in the first calendar quarter (Jan. 1 - March 31) of 2013 from the same period in 2012, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 263,516 in the...
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April 04, 2013, 07:06 AM
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Total bankruptcy filings in the United States decreased 11 percent in January over last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 78,471 in January 2013, down from the January 2012 total of 88,028. Consumer...
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February 06, 2013, 06:58 AM
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Total bankruptcy filings totaled 1,185,328 nationwide for calendar year 2012 (Jan. 1-Dec. 31), a 14 percent decrease from the 1,379,658 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. The 1,127,540...
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January 07, 2013, 07:25 AM
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Total bankruptcy filings in the U.S. for November 2012 decreased 12 percent compared to the previous year, according to data provided by Epiq Systems, Inc. November bankruptcy filings totaled 86,946, down from the 98,534 filings registered in...
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December 06, 2012, 06:26 AM
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Leslie A. Berkoff, a partner at the Garden City and New York City law firm of Moritt Hock & Hamroff LLP, announced the release of the American Bankruptcy Institute’s (ABI) Health Care Insolvency Manual, Third Edition. Ms. Berkoff served as Co-Editor...
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August 09, 2012, 07:05 AM
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Total bankruptcy filings in the United States for July 2012 decreased 12 percent compared to the previous year, according to data provided by Epiq Systems, Inc. July bankruptcy filings totaled 97,073, down from the 110,173 filings registered in July...
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August 06, 2012, 07:48 AM
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Total bankruptcy filings totaled 632,130 nationwide during the first six months of 2012 (Jan. 1-June 30), a 14% decrease from the 731,500 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc. Total...
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July 06, 2012, 07:30 AM
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Total bankruptcy filings in the United States decreased 12% in the first calendar quarter (Jan. 1 – March 31) of 2012 from the same period in 2011, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 314,583 in the first...
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April 06, 2012, 08:30 AM
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An article in the April edition of the ABI Journal proposes that changes be made to the Bankruptcy Code to allow for a “structured dismissal,” as well as a joint plan and disclosure statement process to maximize distributions to unsecured creditors....
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April 06, 2012, 07:00 AM
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An article in the March edition of the ABI Journal concludes that the continued decline of middle-market businesses bankruptcies is no longer a trend, but instead a permanent shift to the way insolvency situations are managed in the current and...
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March 06, 2012, 07:30 AM
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The American Bankruptcy Institute reported total commercial bankruptcy filings for January 2012 fell 20 percent to 4,967 from 6,203 recorded in January 2011. The total January 2012 commercial filings dropped 10 percent from the 5,496 filings in...
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February 06, 2012, 07:00 AM
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