You Get a Mega and You Get a Mega - Everyone Gets a Mega Bankruptcy!

Last week, seven companies filed mega Chapter 11 bankruptcies within a 48-hour period. Higher interest rates and a tightening credit market are among the reasons for the increase in filings. Check out this handy resource to help you keep track of new mega Chapter 11 bankruptcy filings. The tracker provides a summary of certain first day filings, a list of the debtor’s largest creditors, the debtor’s plan for reorganization and more, and includes related Practical Guidance content. Don’t forget to set an alert, so you are notified as soon as those cases are filed and summarized!

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Related Content

• First Day Filings
  Read this practice note for a discussion of the first day filings in Chapter 11.

• DIP Financing Resource Kit
  Use this resource kit for Practical Guidance materials on DIP financing, including detailed practice notes, templates, and checklists.

• Customer and Supplier Credit Risk Resource Kit
  See this resource kit for Practical Guidance materials on protecting customers and suppliers of a debtor both prior to and during a Chapter 11.

• Loan Agreement Events of Default: Lenders' Remedies Resource Kit
  Review this resource kit for Practical Guidance materials on drafting defaults, events of default, and related provisions in a loan agreement, including a lender’s remedies upon an event of default.

• Chapter 11 Plan Process Timeline
  Review this checklist to understand the timeline for confirming a plan in a Chapter 11 case.

• Chapter 11 Deadlines Chart
  Use these charts to keep track of the statutory deadlines in Chapter 11 cases.

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