A person arrives at the U.S. District Bankruptcy Court for the Southern District of New York in Manhattan on Jan. 9, 2020. Brendan McDermid/ReutersCommercial Chapter 11 bankruptcy filings jumped 37 percent in the first quarter of 2026 from the same period last year, the American Bankruptcy Institute (ABI) said in an April 3 statement.A Chapter 11 bankruptcy seeks to reorganize a company’s debts and enable the entity to remain operational and become solvent. This is the most common bankruptcy filing made by businesses. According to the institute, there were 2,422 commercial Chapter 11 filings in the first quarter of 2026, up from 1,764 filings in the same quarter of 2025.
2.3
C
Ottawa
Monday, April 6, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS