The increase in large corporate bankruptcies in the first half of 2023 marked a reversal from a gradual decline in filings since the start of 2021, according to a report released by Cornerstone Research.The report, Trends in Large Corporate...
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September 27, 2023, 08:00 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, 08:18 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, 07:56 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, 07:45 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 06, 2023, 07:48 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, 07:54 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, 08:01 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, 07:35 AM
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Epiq released its November 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. Overall, November new filings were down with 29,325 across all chapters, down 5.6 percent from October 2021 which had 31,053 new...
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December 06, 2021, 07:38 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, 07:52 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, 07:23 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 07, 2021, 08:06 AM
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Structurally flawed businesses that survived 2020 are in greater danger of imploding in 2021, which could put further pressure on stakeholders in commercial real estate, said Doug Greenspan, a managing director at A&G Real Estate Partners, during a...
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March 16, 2021, 07:45 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, 06:00 AM
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Epiq released its January 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. January experienced the lowest monthly number of new bankruptcy filings across all chapters since February 2006 (26,617 filings) with...
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February 05, 2021, 08:30 AM
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Commercial Chapter 11 filings increased 46 percent in November over November of last year, according to data provided by Epiq. Increasing from November 2019’s commercial Chapter 11 filing total of 449, nearly half of the 654 commercial Chapter 11...
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December 07, 2020, 08:55 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, 09:15 AM
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Commercial Chapter 11 filings are up 43% over June of last year, with 609 new filings, up from 424 from the same period last year, according to Epiq, a global leader in legal services. For the first half of 2020, total commercial Chapter 11 filings...
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July 06, 2020, 09:00 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, 09:15 AM
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otal 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, 08:55 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, 09:15 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, 09:10 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, 08:00 AM
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Commercial Chapter 11 filings decreased 7 percent to 520 filings from the 557 commercial Chapter 11 filings in October 2018, according to data provided by Epiq Systems, Inc. Overall October business filings increased 3 percent to 3,527 from last...
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November 07, 2019, 08:35 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, 09:00 AM
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Emergent Capital, Inc. announced that Emergent and its subsidiaries, including White Eagle Asset Portfolio, LP, entered into a binding commitment with Jade Mountain Partners in connection with the Plan of Reorganization of Emergent’s subsidiaries...
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July 26, 2019, 08:00 AM
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Vanguard Natural Resources, Inc. announced that it successfully completed its financial restructuring and emerged from Chapter 11 as a new limited liability company under the name of Grizzly Energy, LLC.Through its financial restructuring, the...
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July 18, 2019, 08:30 AM
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Total commercial Chapter 11 filings during the first six months of the year increased 5 percent to 2,854 from the 2,716 total filings during the same period in 2018, American Bankruptcy Institute reported. Total commercial filings also increased...
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July 10, 2019, 08:55 AM
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Total commercial Chapter 11 filings increased 7 percent to 478 in May 2019 from the May 2018 total of 448, according to data provided by Epiq Systems, Inc. Total commercial filings increased 3 percent in May 2019, as the 3,483 filings were up from...
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June 12, 2019, 08:45 AM
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Total commercial Chapter 11 filings in March 2019 dropped 44 percent over the same period last year, according to data provided by Epiq Systems, Inc. The 434 total commercial Chapter 11 filings in March 2019 decreased from March 2018’s total of 774...
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April 10, 2019, 08:48 AM
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Commercial Chapter 11 filings declined slightly in January, with 365 total commercial Chapter 11 filings down from January 2018’s total of 366, according to data provided by Epiq Systems, Inc. Total commercial bankruptcy filings increased slightly to...
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February 07, 2019, 08:00 AM
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In what commentators are saying would be one of the biggest Chapter 11 filings in U.S. history, energy giant Pacific Gas & Electric (PG&E) announced its intent to file petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code on or about...
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January 16, 2019, 08:00 AM
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From the fourth quarter Phoenix Management “Lending Climate in America” Survey, results show deteriorating confidence in the strength of the U.S. economy in the near and long term with a significant increase in loan losses and bankruptcies.Lenders’...
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December 17, 2018, 07:28 AM
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Great American Capital Partners has joined a group of lenders to add $350 million in new financing for Sears Holdings in an effort to bring the struggling retailer through the holiday season.
According to press reports citing sources close to the...
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November 15, 2018, 09:00 AM
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Commercial Chapter 11 filings increased 75 percent in October 2018 over October of last year, according to data provided by Epiq Systems, Inc. The 554 commercial Chapter 11 filings registered in October 2018 were up from October 2017’s commercial...
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November 06, 2018, 08:00 AM
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The rise of hospitals filing for Chapter 11 bankruptcy has shaped the U.S. economic distress in the third quarter of 2018, which is detailed in the latest Polsinelli-TrBK Distress Indices Report.
The report shows how health care has decoupled from...
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November 01, 2018, 08:00 AM
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Commercial chapter 11 filings totaled 308 in September, a 31 percent decrease over September 2017’s total of 445 filings, according to data provided by Epiq Systems, Inc. Overall business filings decreased to 2,783 filings in September, a 5 percent...
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October 04, 2018, 07:10 AM
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The time a U.S. company spends in bankruptcy has shrunk considerably, according to a new Fitch Ratings bankruptcy case study report."The compressed timeframe is benefitting creditors, minimizing employee and trade union uncertainty, and lessening...
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August 08, 2018, 08:01 AM
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Commercial Chapter 11 bankruptcies for the month of July 2018 totaled 411, up 23 percent from the 333 commercial Chapter 11 filings last July, according to data provided by Epiq Systems, Inc. Total business filings in July 2018 increased 5 percent to...
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August 07, 2018, 07:06 AM
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Bankruptcies remain a rare occurrence for companies in the Aerospace & Defense (A&D) and Industrial & Manufacturing (I&M) sectors, according to a new report published by Fitch Ratings.High-yield bond default rates for A&D and I&M companies averaged 1...
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August 06, 2018, 07:12 AM
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Bankruptcy filings fell 2.6 percent for the 12-month period ending June 30, 2018, compared with the year ending June 30, 2017, according to statistics released by the Administrative Office of the U.S. Courts. June 2018 annual bankruptcy filings...
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July 27, 2018, 07:10 AM
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Total commercial Chapter 11 bankruptcies for the month of June 2018 were 306, representing a 49 percent decrease from the 601 commercial chapter 11 filings in June 2017, according to data provided by Epiq Systems, Inc. Total commercial bankruptcies...
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July 06, 2018, 07:15 AM
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Total U.S. bankruptcy filings fell 4 percent in the first calendar quarter (Jan. 1 - March 31) of 2018 from the same period in 2017, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 187,331 in the first quarter of 2018...
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April 06, 2018, 07:39 AM
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The number of business bankruptcy filings the third quarter dropped 13.6% compared to the second quarter of 2017, marking the lowest quarterly figure since the beginning of last year, according to new data released by BankruptcyData.com.
The service...
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October 20, 2017, 07:53 AM
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Commercial chapter 11 filings totaled 425 in September, a 16 percent increase over September 2016’s total of 365 filings, according to data provided by Epiq Systems, Inc. Overall business filings decreased to 2,854 filings in September, a 12 percent...
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October 04, 2017, 07:25 AM
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Seadrill Limited has entered into a restructuring agreement with more than 97 percent of its secured bank lenders, approximately 40 percent of its bondholders and a consortium of investors led by its largest shareholder, Hemen Holding Ltd. The...
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September 13, 2017, 07:01 AM
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Energy and petroleum bankruptcy filings have continued to dwindle over the summer; however pricing pressures could lead to renewed distress in the sector in the coming months, law firm Haynes & Boone reports. The pace of bankruptcy filings by North...
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August 14, 2017, 08:00 AM
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BankruptcyData released its Q2 2017 Business Bankruptcy Filings Report, which indicates that the Retail, Services and Finance/Insurance/Real Estate sectors increased their percentages of overall business bankruptcies during Q2 2017, compared to the...
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July 14, 2017, 08:01 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, 07:10 AM
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Total U.S. bankruptcy filings increased 5 percent in May 2017 over May of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 69,668 in May 2017, up from the May 2016 total of 66,138. The 66,096 consumer bankruptcy...
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June 06, 2017, 07:22 AM
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2017's first quarter was grim for retailers, as bankruptcy filings continued to escalate, with no sign of decreasing in the foreseeable future, proving the "Amazon Effect" is not a fluke. Energy industry filings are expected to continue in the second...
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May 12, 2017, 07:38 AM
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The number of North American oil and gas producers filing for bankruptcy has dropped significantly this quarter, with just nine producers seeking court protection, compared to 29 during the same period last year. That's according to a recently...
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May 08, 2017, 07:18 AM
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Public companies in the energy sector had a tough 2016, with solar, coal, and oil and gas producers accounting for nine of the top ten bankruptcies last year -- a new report from the law firm Jones Day finds. According to the firm, all of 2016's ten...
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February 07, 2017, 07:38 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, 07:00 AM
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Secular challenges including the rise of e-commerce and discount retailers, declining mall traffic, and consumer spending shifts toward services and experiences have created a highly competitive retail environment that has placed some retailers at...
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September 29, 2016, 07:17 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, 07:11 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, 07:27 AM
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AlixPartners released its Ninth Annual North American Restructuring Experts Survey and 2015 Outlook. Restructuring experts from across the US believe that following a cyclical decline in Chapter 11 business filings in recent years, the cycle may have...
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March 11, 2015, 07:13 AM
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University General Health System, Inc., a diversified, integrated, multi-specialty health care delivery system, announced the company and certain of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy...
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March 02, 2015, 07:13 AM
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Total bankruptcy filings in the United States decreased 11 percent in May 2014 over May of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 85,664 in May 2014, down from the May 2013 total of 96,495. Consumer...
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June 05, 2014, 07:35 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 06, 2014, 07:04 AM
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