Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
March 05, 2024 at 06:11 PM
2 minute read
The original version of this story was published on American Lawyer
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.
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