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February 2024 Commercial Chapter 11s Surge 118 Percent

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NEW YORK/ALEXANDRIA – March 4, 2024 — Commercial chapter 11 bankruptcy filings climbed 118 percent in February 2024, with the 882 filings versus the 377 filings in February 2023, according to data provided by Epiq Bankruptcy , the leading provider of U.S. bankruptcy filing data. The sizable increase in commercial chapter 11 filings in February was spurred by a large number of related filings in two large commercial chapter 11 proceedings.
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