Chapter 11 and Chapter 7 bankruptcy filings in February 2023 include Allegiance Coal, Black Warrior Minerals, CBC Restaurant Corp, Connect Everyone, Corner Bakery Holding Company, HyreCar, JRT340 Associates, Lucira Health, New Elk Coal Holdings, and more.
Two businesses filed for Chapter 11 bankruptcy in the week ending November 27, 2022 in Massachusetts, Maine, New Hampshire, Rhode Island, New York, and Delaware: Detail Design Builders LLC and Lindell LLC.
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Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of more than $1 million for the week of January 23, 2022.
There is a growing trend of bankruptcy courts approving structured dismissals of chapter 11 cases following a successful sale of a debtor’s assets. Private credit lenders should take note because structured dismissals slash significant costs from an already expensive process