November Commercial Chapter 11 Bankruptcies Increase 74 Percent Over Last Year
NEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) — Commercial Chapter 11 filings increased 74 percent to 345 in November 2022 from the 198 filings recorded in November 2021, according to data provided by Epiq’s Bankruptcy Analytics platform. The November 2022 commercial Chapter 11 filing total was lifted by the more than 100 cases related to the Chapter 11 filing on November 11 by crypto exchange FTX Trading, Ltd. Total commercial filings increased 17 percent to 1,848 in November over 1,586 total filings in November 2021....