--- title: The Firm Connection | Bankruptcy description: "Bankruptcy | Breaking down the complex world of business law: finance, banking, commercial real estate, mergers and acquisitions, tech law, and franchising, and more." image: https://liprestilaw.com/hubfs/LiprestiSocial.png --- [Skip to content](https://liprestilaw.com/the-firm-connection/tag/bankruptcy#main-content) [![Lipresti Law](https://liprestilaw.com/hs-fs/hubfs/logo-3.png?width=207&height=50&name=logo-3.png)](https://liprestilaw.com/) - [Home](https://liprestilaw.com/) - [Attorneys](https://liprestilaw.com/meet-our-team) - [Careers](https://liprestilaw.com/employment) - Practice Areas Show submenu for Practice Areas - [Banking/Financing](https://liprestilaw.com/banking-financing) - [Bankruptcy](https://liprestilaw.com/bankruptcy) - [Capital Markets / Securities](https://liprestilaw.com/capital-markets-securities) - [Commercial Real Estate](https://liprestilaw.com/commercial-real-estate) - [Corporate/Outside General Counsel Services](https://liprestilaw.com/corporate-outside-general-counsel-services) - [Healthcare](https://liprestilaw.com/healthcare) - [Intellectual Property](https://liprestilaw.com/intellectual-property) - [Mergers & Acquisitions](https://liprestilaw.com/mergers-acquisitions) - [Nonprofits](https://liprestilaw.com/nonprofits) - [Technology Law](https://liprestilaw.com/technology-law) - [Blog](https://liprestilaw.com/the-firm-connection) - [Contact](https://liprestilaw.com/contact) Show submenu for Contact - [Careers](https://liprestilaw.com/employment) Open main navigation Close main navigation - [Home](https://liprestilaw.com/) - [Attorneys](https://liprestilaw.com/meet-our-team) - [Careers](https://liprestilaw.com/employment) - Practice Areas Show submenu for Practice Areas - [Banking/Financing](https://liprestilaw.com/banking-financing) - [Bankruptcy](https://liprestilaw.com/bankruptcy) - [Capital Markets / Securities](https://liprestilaw.com/capital-markets-securities) - [Commercial Real Estate](https://liprestilaw.com/commercial-real-estate) - [Corporate/Outside General Counsel Services](https://liprestilaw.com/corporate-outside-general-counsel-services) - [Healthcare](https://liprestilaw.com/healthcare) - [Intellectual Property](https://liprestilaw.com/intellectual-property) - [Mergers & Acquisitions](https://liprestilaw.com/mergers-acquisitions) - [Nonprofits](https://liprestilaw.com/nonprofits) - [Technology Law](https://liprestilaw.com/technology-law) - [Blog](https://liprestilaw.com/the-firm-connection) - [Contact](https://liprestilaw.com/contact) Show submenu for Contact - [Careers](https://liprestilaw.com/employment) # The Firm Connection Law Blog [![bankruptcies rising](https://liprestilaw.com/hubfs/Bankruptcy%20rising-1.png)](https://liprestilaw.com/the-firm-connection/bankruptcy-filings-are-up-nearly-12-why-businesses-should-pay-attention) [Bankruptcy](https://liprestilaw.com/the-firm-connection/tag/bankruptcy) ## [Bankruptcy Filings Are Up Nearly 12%: Why Businesses Should Pay Attention](https://liprestilaw.com/the-firm-connection/bankruptcy-filings-are-up-nearly-12-why-businesses-should-pay-attention) ![Picture of Joseph Butler, Esq.](https://liprestilaw.com/hs-fs/hubfs/Joseph-13.jpeg?width=50&name=Joseph-13.jpeg) [Joseph Butler, Esq.](https://liprestilaw.com/the-firm-connection/author/joseph-butler-esq) July 24, 2026 Bankruptcy filings rose 11.9% last year, with business filings increasing 11.4%. That increase means... [Read more](https://liprestilaw.com/the-firm-connection/bankruptcy-filings-are-up-nearly-12-why-businesses-should-pay-attention) [![](https://liprestilaw.com/hubfs/store%20closing.png)](https://liprestilaw.com/the-firm-connection/retail-apocalypse-or-retail-renaissance) [Bankruptcy](https://liprestilaw.com/the-firm-connection/tag/bankruptcy), [retail](https://liprestilaw.com/the-firm-connection/tag/retail) ## [Retail Apocalypse or Retail Renaissance?](https://liprestilaw.com/the-firm-connection/retail-apocalypse-or-retail-renaissance) ![Picture of Joseph Butler, Esq.](https://liprestilaw.com/hs-fs/hubfs/Joseph-13.jpeg?width=50&name=Joseph-13.jpeg) [Joseph Butler, Esq.](https://liprestilaw.com/the-firm-connection/author/joseph-butler-esq) November 20, 2025 Over the past two years, headlines have been filled with news of once-familiar retail names shutteri... [Read more](https://liprestilaw.com/the-firm-connection/retail-apocalypse-or-retail-renaissance) [![business bankruptcy filing considerations](https://liprestilaw.com/hubfs/Bankruptcy%20protection.png)](https://liprestilaw.com/the-firm-connection/considering-filing-for-business-bankruptcy-eight-questions-to-ask) [Bankruptcy](https://liprestilaw.com/the-firm-connection/tag/bankruptcy) ## [Considering Filing for Business Bankruptcy? Eight Questions to Ask](https://liprestilaw.com/the-firm-connection/considering-filing-for-business-bankruptcy-eight-questions-to-ask) ![Picture of Joseph Butler, Esq.](https://liprestilaw.com/hs-fs/hubfs/Joseph-13.jpeg?width=50&name=Joseph-13.jpeg) [Joseph Butler, Esq.](https://liprestilaw.com/the-firm-connection/author/joseph-butler-esq) August 6, 2025 There are always risks in business, and sometimes those risks turn into real financial struggles. At... [Read more](https://liprestilaw.com/the-firm-connection/considering-filing-for-business-bankruptcy-eight-questions-to-ask) [![Busines bankruptcy trends](https://liprestilaw.com/hubfs/Bankruptcies%20are%20rising%20Are%20you%20prepared.jpg)](https://liprestilaw.com/the-firm-connection/how-to-prepare-your-massachusetts-business-for-the-rise-in-bankruptcy-filings) [Bankruptcy](https://liprestilaw.com/the-firm-connection/tag/bankruptcy) ## [How to Prepare Your Massachusetts Business for the Rise in Bankruptcy Filings](https://liprestilaw.com/the-firm-connection/how-to-prepare-your-massachusetts-business-for-the-rise-in-bankruptcy-filings) ![Picture of Joseph Butler, Esq.](https://liprestilaw.com/hs-fs/hubfs/Joseph-13.jpeg?width=50&name=Joseph-13.jpeg) [Joseph Butler, Esq.](https://liprestilaw.com/the-firm-connection/author/joseph-butler-esq) May 30, 2025 Bankruptcies of big companies, including Party City, Big Lots, TGI Fridays, and Spirit Airlines, hav... [Read more](https://liprestilaw.com/the-firm-connection/how-to-prepare-your-massachusetts-business-for-the-rise-in-bankruptcy-filings) [![](https://liprestilaw.com/hubfs/bankruptcy%20Preferences.png)](https://liprestilaw.com/the-firm-connection/understanding-preferences-in-bankruptcy-protecting-your-business-from-clawbacks) [Bankruptcy](https://liprestilaw.com/the-firm-connection/tag/bankruptcy) ## [Understanding Preferences in Bankruptcy: Protecting Your Business from Clawbacks](https://liprestilaw.com/the-firm-connection/understanding-preferences-in-bankruptcy-protecting-your-business-from-clawbacks) ![Picture of Joseph Butler, Esq.](https://liprestilaw.com/hs-fs/hubfs/Joseph-13.jpeg?width=50&name=Joseph-13.jpeg) [Joseph Butler, Esq.](https://liprestilaw.com/the-firm-connection/author/joseph-butler-esq) December 2, 2024 Bankruptcy is generally a difficult process for all involved. One of the most misunderstood aspects ... [Read more](https://liprestilaw.com/the-firm-connection/understanding-preferences-in-bankruptcy-protecting-your-business-from-clawbacks) [![TJI Friday's declares Bankruptcy](https://liprestilaw.com/hubfs/bankruptcy.png)](https://liprestilaw.com/the-firm-connection/navigating-chapter-11-what-tgi-fridays-bankruptcy-means-for-the-restaurant-industry) [Bankruptcy](https://liprestilaw.com/the-firm-connection/tag/bankruptcy) ## [Navigating Chapter 11: What TGI Fridays’ Bankruptcy Means for the Restaurant Industry](https://liprestilaw.com/the-firm-connection/navigating-chapter-11-what-tgi-fridays-bankruptcy-means-for-the-restaurant-industry) ![Picture of Joseph Butler, Esq.](https://liprestilaw.com/hs-fs/hubfs/Joseph-13.jpeg?width=50&name=Joseph-13.jpeg) [Joseph Butler, Esq.](https://liprestilaw.com/the-firm-connection/author/joseph-butler-esq) November 8, 2024 The restaurant industry has long been a challenging sector, and recent developments underscore just ... 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