Commercial chapter 11 bankruptcy filings climbed 118 percent in February 2024, with the 822 filings versus the 377 filings in February 2023, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. The...
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March 05, 2024, 08:08 AM
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Celsius Network has successfully emerged from bankruptcy by completing the transactions under its confirmed plan of reorganization (the “Plan”). The Plan was overwhelmingly approved by approximately 98% of the Company’s account holders and confirmed...
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February 02, 2024, 07:50 AM
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Reuters reported that a U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which will cancel about $1 billion in company debt and turn all of its equity value over to the retailer's lenders.Read the full...
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September 08, 2023, 07:57 AM
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Epiq released its December 2021 bankruptcy filing statistics from its Epiq Bankruptcy AACER Platform. Overall, December new filings were 27,957 across all chapters, down 4.7% from November 2021 which had 29,328 new filings. Total commercial filings...
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January 06, 2022, 07:58 AM
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Epiq released its April 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. Total April new filings exceeded the forty thousand threshold for the second straight month with 40,886 across all chapters. The new...
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May 05, 2021, 07:12 AM
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Epiq released its December 2020 and full-year bankruptcy filing statistics from its AACER bankruptcy information services business. 2020 had the lowest number in bankruptcy filings since 1986 with a total of 529,068 filings across all chapters.For...
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January 06, 2021, 08:29 AM
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Retail footwear giant Payless ShoeSource filed a voluntary petition for reorganization pursuant to Chapter 11 of the U.S. Federal Bankruptcy Code on April 4.The company’s North American entities, as well as two foreign Hong Kong-based entities...
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April 05, 2017, 07:14 AM
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