American Bankruptcy Institute

Bankruptcy Filings Are Down

Total bankruptcy filings nationwide for July 2012, decreased 12 percent compared to the previous year, according to data provided by Epiq Systems, Inc.  July bankruptcy filings totaled 97,073, down from the 110,173 filings registered in July 2011. Total commercial filings for… Read More ›

Does the Bankruptcy Code Need to Be Modernized for Business Restructurings?

As reported in the American Bankruptcy Institute Journal in April 2012 (Vol. XXXI, No.3), the American Bankruptcy Institute (“ABI”) has appointed a Commission, composed of experienced insolvency professionals and public officials, that will collect and analyze data, case-law and commentary… Read More ›