Bankruptcy Law News and Insights

Bankruptcies: They’re Increasing

Published: Jun 25, 2024
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Bankruptcy filings were up 17% in the first half of 2023 of 2022 numbers and the surge continues. Chapter 11 commercial filings totaled 2,973 during the first half of 2023, which was a 68% increase compared to the first half of 2022. Small business filings, which are identified as Subchapter...

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Valuation Of A Debtor’s Estate In Bankruptcy

Published: Jun 23, 2024
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Valuation of a Debtor's estate is likely one of the most important analyses a Debtor will undergo. Ascribing value to the estate helps determine the possible payout available to satisfy creditors' claims. The need for valuation arises in multiple stages of the bankruptcy case, which a Debtor's financial advisors and...

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Small Business Bankruptcy Under Subchapter V

Published: Jun 21, 2024
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A traditional Chapter 11 bankruptcy reorganization case can be time-consuming and expensive for small and medium sized businesses. These shortcomings often leave smaller distressed businesses without viable restructuring options. To address this, Congress enacted the Small Business Reorganization Act ("SBRA"), which took effect February 19, 2020. The SBRA added the...

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