The week in bankruptcies: Willco XII Development LLLP and much more

Denver area bankruptcy courts recorded 10 business filings – including five with total debts above $1 million – during the week that ended Oct. 9, 2020. Year to date through Oct. 9, 2020, the court recorded 90 Chapter 7 or Chapter 11 business bankruptcy filings, a 17% increase from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its…

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