The week in bankruptcies: A Timonium energy company

Baltimore-area bankruptcy courts recorded one business filing with total debt above $1 million during the week that ended Nov. 26. Year-to-date through Nov. 26, the court recorded 43 Chapter 7 or Chapter 11 business bankruptcy filings, a 19% decrease 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 creditor obligations with…


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