The Lex Machina team is excited to launch Legal Analytics for all Chapter 11 proceedings in the United States Bankruptcy Courts (“Chapter 11 Bankruptcy Module”). The Chapter 11 Bankruptcy Module includes the entire docket in any bankruptcy proceeding filed after 2009 in a United States Bankruptcy Court under Chapter 11 of the Bankruptcy Code. It is an important area of law in which transparency and understanding provide a crucial edge.
Lex Machina’s Chapter 11 Bankruptcy Module lets you analyze and derive critical insights on judges, courts, debtors, creditors, creditor committees, and trustees involved in Chapter 11 proceedings. Consisting of over 115,000 cases, the new Chapter 11 Bankruptcy Module includes data on plan confirmation status, assets and liabilities, and case termination.
With our new Chapter 11 Bankruptcy Module, you can quickly and efficiently discover insights such as:
- The United States Bankruptcy Court for the District of Delaware had the highest number of Chapter 11 bankruptcies involving business debtors.
- The most active law firm representing debtors in Chapter 11 bankruptcies involving a confirmed plan was Lefkovitz & Lefkovitz.
- Pachulski Stang Ziehl & Jones represented the most creditor committees in Chapter 11 bankruptcies filed since 2009.
- Wells Fargo Bank, N.A. was the private-sector creditor involved in the highest number of Chapter 11 bankruptcies filed since 2009 that involved a business debtor.
- The median time to reach plan confirmation in Chapter 11 cases before Judge David R. Jones in the United States Bankruptcy Court for the Southern District of Texas was 296 days.
- Since 2015, there were 1,314 Chapter 11 proceedings filed with at least $5 million in assets, and there were 5,469 Chapter 11 proceedings filed with at least $1 million in liabilities.
The Chapter 11 Bankruptcy Module incorporates notable features such as filters for cases involving business debtors, voluntary petitions, and confirmed plans. It also incorporates an extensive collection of practice area-specific document tags to filter for specific aspects of the bankruptcy docket including the petition, Chapter 11 plan, schedules, and confirmation orders. The inclusion of these unique parameters enables users to find the most relevant information and analytics quickly and easily.
Lex Machina allows users to filter by the following information in order to find the most relevant cases:
- Case Tags – Business Debtor, Individual Debtor, Small Business, Involuntary Petition, Voluntary Petition, Confirmed Plan
- Assets and Liabilities – Total assets and liabilities as summarized by the Debtor in its Summary of Schedules
- Party Roles – Debtor, Creditor, Creditors’ Committee, Trustee, U.S. Trustee
- Docket Entry Tags – Bankruptcy Petition, Chapter 11 Plan, Confirmation Order, Monthly Operating Reports, Motion, Objection, Schedules
Depending on your subscription, users can access the Chapter 11 Bankruptcy Module data now.
To learn more, contact our sales team.