52
What About the Bankruptcy Fall-Out From Recent Bank Collapses?
03/22/2023 08:00 AM Posted by: AIS
With the failure of Silicon Valley Bank (SVB) and Signature Bank, many in the bankruptcy community ask what – if any – impact there will be on bankruptcy filings and the bankruptcy system. Take a look at a snapshot of some of the issues and impacts being discussed.

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&nbps;


50
Pandemic-Era Bankruptcy Low Filing Rates May Be a Thing of the Past
03/07/2023 08:00 AM Posted by: AIS
February 2023 bankruptcy filings rose by a hefty 18.2 percent compared to the same month last year. This uptick matched the January percentage increase. After falling during the first part of 2022, filings began to climb, slowing beginning last summer. The rapid acceleration experienced over the previous two months is the greatest since the Great Recession in 2009. If this trend continues, about 70,000 more cases will be filed this year than in 2022.

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