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News Stories (6 Results) - Chapter 7

BankruptcyData, a service provided by New Generation Research, Inc. (NGR) released its annual bankruptcy report. The yearly report analyzes trends associated with U.S. Bankruptcy Court activity. In 2016, declining bankruptcy trends reversed... Read Story
January 09, 2017, 07:45 AM


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... Read Story
January 06, 2017, 07:42 AM


Diadexus, Inc., a diagnostics company developing and commercializing products that aid in assessing the prognosis of cardiac disease, announced that it is filing for relief under Chapter 7 of Title 11 of the U.S. Bankruptcy Code in order to initiate... Read Story
June 13, 2016, 12:22 PM


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... Read Story
June 06, 2013, 07:35 AM


Thomson Reuters News & Insight reported a commission to explore major changes to U.S. bankruptcy rules said on Monday that labor and benefits will be key issues during a host of public hearings beginning early next year.The fate of workers "has... Read Story
December 04, 2012, 07:58 AM


Hostess Brands announced that the U.S. Bankruptcy Court for the Southern District of New York approved its emergency interim motion for the orderly wind down of its business and sale of its assets. Judge Robert Drain approved the motion after the... Read Story
November 26, 2012, 07:16 AM