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Small business bankruptcy statistics . Chapter 11 filings for businesses increased by 29 percent in September 2023 compared to the same month last year. (American Bankruptcy Institute) Overall ...
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
Elwood Staffing ( Columbus) Emmis Corporation ( Indianapolis) Finish Line, Inc. ( Indianapolis) First Internet Bancorp ( Indianapolis) First Merchants Corporation ( Muncie) The Ford Meter Box Company ( Wabash) Guidant ( Indianapolis) Gurney's Seed and Nursery Company ( Greendale) Haynes International ( Kokomo)
Baltimore Opera Company. Bank of New England. Bennigan's. Bernie's. BFG Technologies. Bitwise Industries. The Black Orchid (nightclub) The Bon-Ton. Borders Group.
Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...
Brick-and-mortar retailers and several major restaurant chains had already been on the decline before the coronavirus hit, but the pandemic turned out to be the nail in the coffin for several ...
Hartsfield–Jackson Atlanta International Airport. Aerial view of ATL in 2024. / 33.63667°N 84.42806°W / 33.63667; -84.42806. Hartsfield–Jackson Atlanta International Airport ( IATA: ATL, ICAO: KATL, FAA LID: ATL) is the primary international airport serving Atlanta and its surrounding metropolitan area, in the U.S. state of Georgia.
United States bankruptcy courts are courts created under Article I of the United States Constitution. [ 1] The current system of bankruptcy courts was created by the United States Congress in 1978, effective April 1, 1984. [ 2] United States bankruptcy courts function as units of the district courts and have subject-matter jurisdiction over ...