After a spring bankruptcy boom rivaled corporate Chapter 11 filing rates of the Great Recession, the third quarter maintained the momentum and put the bankruptcy practice on track for a far better year than 2021 or 2022.

That’s the gist of two Q3 bankruptcy reports out this week from New Generation Research’s BankruptcyData and Epiq Bankruptcy, which chronicled a continuation of elevated distress in a variety of sectors including real estate, health care, retail, restaurants and manufacturing.