Stay updated with breaking news from Threshold Adjustment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Small business filings, captured as subchapter V elections within chapter 11, increased 60 percent to 233 in April 2024 from 146 in April 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Commercial chapter 11 filings increased 40 percent in April 2024 to 542 from the 387 filings in April 2023....
The American Bankruptcy Institute (ABI) supports the recently introduced S. 4150 by Sen. Richard Durbin (D-Ill.) to extend key provisions of the “Bankruptcy Threshold Adjustment and Technical Corrections Act” that were due to sunset on June 21 for an additional two years to 2026. S. 4150, cosponsored by Sens. Lindsey Graham (R-S.C.), Sheldon...
One year ago, we wrote that, in early 2021, it was widely anticipated that the unprecedented pressure the COVID-19 pandemic brought to bear on the U.S. economy would lead to a boom in corporate bankruptcy filings.
One year ago, we wrote that, in early 2021, it was widely anticipated that the unprecedented pressure the COVID-19 pandemic brought to bear on the U.S. economy would lead to a boom in...
The Small Business Reorganization Act (SBRA), also referred to as Subchapter V, took effect on February 19, 2020, and is designed to serve as a streamlined bankruptcy process for small businesses.