Featured Book

LegalHistory

By the Numbers (April 2nd, 2012)

Sunday, 01 April 2012 14:25
Rate this item
(0 votes)

Of the nine bankruptcy mega cases for February 2012, only one was a prepackaged bankruptcy -- Jobson Medical Information Holdings, LLC.  For the first two months of 2012, only 2 of 18 mega filings involved prepackaged Chapter 11, or 11% of the total mega filings.

In 2011, 13 of the 82 mega cases involved a prepackaged Chapter 11 plan as of the Petition Date -- or about 16% of the large Chapter 11 filings.  For fiscal year 2010, a total of 35 prepacks/pre-arranged cases were filed out of the 106 bankruptcy mega cases -- or about one in every three filings in 2010.

 

 

 

Login to post comments

Featured News