Chapter 11 bankruptcy filings continue trending up (Factset)
https://insight.factset.com/cautious-optimism-for-capital-markets-coming-out-of-1q24 https://www.uscourts.gov/statistics-reports/analysis-reports/bankruptcy-filings-statistics/bankruptcy-statistics-data In 2023, Chapter 11 bankruptcy filings skyrocketed by 72%, reaching a total of 6,569, as revealed by data from Epiq AACER. The surge, attributed to rising interest rates and inflation, pushed highly leveraged organizations to the brink. Additionally, Subchapter V elections within Chapter 11, aimed at small businesses, surged by 45% to 1,939 …