February saw a significant uptick in commercial Chapter 11 bankruptcy filings, according to a new report from Epiq Bankruptcy and the American Bankruptcy Institute, thanks in part to two major cases handled by Kirkland & Ellis and Weil, Gotshal & Manges.
The month registered 822 commercial Chapter 11s, a 118% increase from the 377 filings of February 2023 and a 77% increase from the 464 filings in January 2024.
