US Bankruptcy Tracker: Injury Law Firm Only Big Case Filed

Law firm AkinMears LLP, which focuses on personal injury claims involving the toxic substance asbestos and other types of lawsuits, filed the only bankruptcy case with at least $50 million of liabilities for the week ending Jan. 25, according to data compiled by Bloomberg.

• US courts saw 12 large bankruptcy filings this year as of Jan. 25, compared with seven during the same period last year and 17 in 2023, according to data compiled by Bloomberg
• The amount of bonds and loans issued by US companies in the Bloomberg News distressed debt tracker fell 0.8% last week to $145.6 ...