January 2022 New Bankruptcy Filings Continue Decline
Total number of open bankruptcy cases down 16.5% year-over-year...
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Total number of open bankruptcy cases down 16.5% year-over-year...
Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of more than $1 million.
There is a growing trend of bankruptcy courts approving structured dismissals of chapter 11 cases following a successful sale of a debtor’s assets. Private credit lenders should take note because structured dismissals slash significant costs from an already expensive process
There is a growing trend of bankruptcy courts approving structured dismissals of chapter 11 cases following a successful sale of a debtor’s assets. Private credit lenders should take note because structured dismissals slash significant costs from an already expensive process
However, sharp uptick in commercial Chapter 11 new filings...