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Court Remains Uncertain On How To Apply The New Due Diligence Requirement For Preference Claims - Insolvency/Bankruptcy

The Bankruptcy Code and its predecessor statutes have long permitted bankruptcy trustees (or their equivalents) to claw back preferences, which involve transfers made on preexisting debts...

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Bankruptcy Filings on the Rise in First Half of 2023

Bankruptcy Filings on the Rise in First Half of 2023
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Bankruptcy filings surge in first half of 2023 in US - Epiq

U.S. Chapter 11 bankruptcy filings
jumped 68% in the first half of 2023 from a year earlier, Epiq
Bankruptcy, a provider of U.S. bankruptcy filing data, said on
Monday.
SVB Financial...

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Bankruptcy filings surge in first half of 2023 in US

SVB Financial Group, Envision Healthcare Corp, Bed Bath & Beyond, Party City Holdco, Lordstown Motors and Kidde-Fenwal were among some casualties of decades-high interest rates and sticky inflation as the era of easy money drew to a close. "The growth in filings is reflective of more families and businesses facing surging debt loads due to rising interest rates, inflation, and increased borrowing costs," American Bankruptcy Institute's executive director Amy Quackenboss said in a statement.

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Bankruptcy filings surge in first half of 2023 in US – Epiq

(Reuters) - U.S. Chapter 11 bankruptcy filings jumped 68% in the first half of 2023 from a year earlier, Epiq Bankruptcy, a provider of U.S. bankruptc...

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Bankruptcy filings surge in first half of 2023 in US - Epiq

Bankruptcy filings surge in first half of 2023 in US - Epiq
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Envision's Bankruptcy Provides Insight Into All That Is Ailing The Healthcare Industry - Insolvency/Bankruptcy

The increase in bankruptcy filings that restructuring professionals have been expecting is now arriving. With rising inflation, increased interest rates, tightening credit markets, labor shortages and supply chain...

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Distressed Issues And Alternatives To Bankruptcy For Cannabis Businesses - Insolvency/Bankruptcy

Cannabis businesses and owners remain (mostly) barred from filing for federal bankruptcy protection, but as more states legalize and as more "ancillary" businesses seek to file, courts continue to grapple with court supervisions of distressed cannabis businesses.

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