Law 360

Chapter 11 filings shot up 40% over the last year as high interest rates and financial pressure in crypto, retail, real estate and other industries prompted more bankruptcy filings overall, Law360 reported. 

Epiq Bankruptcy, in partnership with the American Bankruptcy Institute, found that total commercial Chapter 11 bankruptcies filed in the first nine months of 2023 rose 61% to 4,553 versus the same period last year.

Read the full article here.


Contact
Carrie Trent
Epiq, Director of Communications & Public Relations
Carrie.Trent@epiqglobal.com