The Bankruptcy Court for the Southern District of Texas (SDTX) has been experiencing a bankruptcy boom. The district, which includes the Houston metropolitan area, has experienced a notable increase in major Chapter 11 bankruptcy case filings (generally more than $100m in assets) over the last four years—especially this year.
Since 2016, SDTX has steadily and intentionally developed a reputation for efficient, skilled, and predictable handling of large Chapter 11 bankruptcy cases. This year, SDTX further cemented its role as a magnet court for these cases.
Historically, the bankruptcy courts of Delaware and the Southern District of New York (SDNY) have ...