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News Stories (37 Results) - American Bankrupty Institute

President Joe Biden on Saturday, March 27, 2021, signed the “COVID-19 Bankruptcy Relief Extension Act” into law to extend provisions providing financially distressed consumers and small businesses greater access to bankruptcy relief. The legislation... Read Story
March 30, 2021, 07:35 AM


Total commercial Chapter 11 filings during calendar year 2018 dropped 5 percent compared with 2017, 5,470 from 5,762, according to data provided by Epiq Systems, Inc. The 37,822 total commercial filings during 2018 dipped 2 percent from the... Read Story
January 09, 2019, 07:10 AM


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... Read Story
July 06, 2018, 07:15 AM


Total commercial bankruptcy filings fell 10 percent in May 2018, as the 3,325 filings decreased from the 3,675 commercial filings registered in May 2017, according to data provided by Epiq Systems, Inc. Total commercial Chapter 11 filings showed the... Read Story
June 08, 2018, 07:09 AM


Total U.S. bankruptcy filings increased 3 percent in April 2018 over April of last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 69,736 in April 2018, up from the April 2017 total of 67,710. The 66,510 consumer... Read Story
May 07, 2018, 07:29 AM


Total commercial chapter 11 filings during calendar year 2017 (Jan. 1-Dec. 31) were 5,744, a 6 percent increase from the 5,447 filings in 2016, according to data provided by Epiq Systems, Inc. There were 38,062 commercial filings during calendar year... Read Story
January 08, 2018, 07:27 AM


Commercial chapter 11 filings totaled 426 in August, a 29 percent increase over July’s total of 331 filings, according to data provided by Epiq Systems, Inc. Overall business filings also increased as the 3,255 filings were 13 percent more than... Read Story
September 08, 2017, 07:25 AM


Total U.S. bankruptcy filings decreased 8 percent in July 2017 from June, according to data provided by Epiq Systems, Inc. and reported by the American Bankruptcy Institute. Total filings registered 61,366 in July 2017, down from the June 2017 total... Read Story
August 04, 2017, 07:17 AM


Total U.S. bankruptcy filings fell nearly 4 percent in April 2017 from the same period in 2016, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 67,670 in April, down 3.96 percent from the 70,457 filings reported in April... Read Story
May 05, 2017, 07:20 AM


Individuals account for more than a quarter of chapter 11 bankruptcy filings, and this share has grown over time. That's according to the results of the “National Study of Individual Chapter 11 Bankruptcies,” commissioned by the ABI Endowment... Read Story
April 17, 2017, 07:11 AM


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.and released by the American Bankruptcy Institute. Bankruptcy filings... Read Story
April 10, 2017, 07:20 AM


Total U.S. bankruptcy filings decreased 10 percent in February from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 58,336 in February 2017, down from the February 2016 total of 64,712. Consumer... Read Story
March 08, 2017, 07:02 AM


Alvarez & Marsal (A&M) has bolstered its North American Commercial Restructuring practice with the addition of Evan Blum and Matt Covington who join as managing directors in New York and Los Angeles, respectively. Together they bring more than thirty... Read Story
May 06, 2016, 07:17 AM


Keltic Financial Services is pleased to announce the appointment of David M. Weinstein to its credit team as senior vice president and senior underwriter.Weinstein joins Keltic with more than 25 years of experience after a very successful career. He... Read Story
May 19, 2014, 07:33 AM


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.... Read Story
May 06, 2014, 07:04 AM


Hilco Global announced it has hired Joseph (Joe) Miller as its newest Executive Vice President of business development. Miller joins Hilco Global having worked most recently at Lazard where he served as a Director in the Financial Restructuring Group... Read Story
April 09, 2014, 07:49 AM


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... Read Story
April 07, 2014, 07:35 AM


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... Read Story
March 06, 2014, 07:29 AM


Total bankruptcy filings in the United States decreased 13 percent in January from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 68,153 in January 2014, down from the January 2013 total of... Read Story
February 10, 2014, 07:29 AM


Bankruptcy filings totaled 1,032,326 nationwide for calendar year 2013 (Jan. 1-Dec. 31), a 13 percent decrease from the 1,186,137 total filings in calendar year 2012, according to data provided by Epiq Systems, Inc. The 988,215 total noncommercial... Read Story
January 07, 2014, 07:28 AM


Total bankruptcy filings in the U.S. for November 2013 decreased 15 percent compared to the previous year, according to data provided by Epiq Systems, Inc. November bankruptcy filings totaled 74,021, down from the 87,090 filings registered in... Read Story
December 05, 2013, 07:41 AM


Total bankruptcy filings were 801,783 nationwide during the first nine months of 2013 (Jan. 1-September 30), a 13 percent decrease from the 921,927 total filings recorded during the same period a year ago, according to data provided by Epiq Systems... Read Story
October 04, 2013, 07:44 AM


Total bankruptcy filings in the United States for August 2013 decreased 15 percent compared to the previous year, according to data provided by Epiq Systems, Inc. August bankruptcy filings totaled 88,902, down from the 104,471 filings registered in... Read Story
September 06, 2013, 08:03 AM


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... Read Story
August 06, 2013, 07:38 AM


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... Read Story
July 08, 2013, 07:46 AM


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 reported turnaround guru Wilbur Ross told one of the biggest annual gatherings of restructuring professionals on Friday the industry's system of basing pay on hours worked should be scrapped to control the spiraling cost of Chapter 11... Read Story
April 22, 2013, 08:00 AM


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... Read Story
April 04, 2013, 07:02 AM


Total bankruptcy filings in the United States decreased 21 percent in February over last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 82,285 in February 2013, down from the February 2012 total of 104,537. Consumer... Read Story
March 06, 2013, 07:47 AM


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... Read Story
February 06, 2013, 07:31 AM


Total bankruptcy filings totaled 1,185,328 nationwide for calendar year 2012 (Jan. 1-Dec. 31), a 14% 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 total... Read Story
January 07, 2013, 08:06 AM


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... Read Story
December 06, 2012, 07:26 AM


A recent article on CFO.com by staff writer Vincent Ryan notes an American Bankruptcy Institute commission studying an overhaul of the U.S. Bankruptcy Code believes the proliferation of secured debt and the trading of bankruptcy claims, among other... Read Story
December 05, 2012, 07:44 AM


In a recent article CFO writer Vincent Ryan explores whether or not hedge funds and other buyers of the securities of failed companies adversely affect the bankruptcy process. Ryan notes the American Bankruptcy Institute’s commission studying reforms... Read Story
November 14, 2012, 07:27 AM


Total bankruptcy filings in the United States for the month of October increased 16% compared to September, according to data provided by Epiq Systems, Inc. October bankruptcy filings totaled 101,278, up from the 87,522 filings registered in... Read Story
November 06, 2012, 08:07 AM


Total bankruptcy filings totaled 921,219 nationwide during the first nine months of 2012 (Jan. 1-September 30), a 14 percent decrease from the 1,073,021 total filings during the same period a year ago, according to data provided by Epiq Systems, Inc.... Read Story
October 09, 2012, 07:00 AM


Total bankruptcy filings in the United States for the month of August increased 7% compared to July, according to data provided by Epiq Systems, Inc. August bankruptcy filings totaled 104,336, up from the 97,104 filings registered in July 2012. The... Read Story
September 07, 2012, 08:00 AM