The week in bankruptcies: Shine Solar Energy Inc..

Wichita area bankruptcy courts recorded one business filing – including zero with total debt above $1 million – during the week that ended May 20, 2022. Year to date through May 20, 2022, the court recorded 3 Chapter 7 or Chapter 11 business bankruptcy filings, a 200 percent 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…


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