San Antonio space chapter courts recorded two enterprise filings – together with zero with whole debt above $1 million – through the week that ended Might 13, 2022. 12 months up to now by way of Might 13, 2022, the courtroom recorded 16 Chapter 7 or Chapter 11 enterprise chapter filings, a -24 % lower from the identical span the prior 12 months. Chapter 7 chapter safety usually gives for the liquidation of a enterprise’ belongings to fulfill creditor claims, whereas Chapter 11 safety allows a enterprise to restructure…
