Will there be 12 or more Chapter 9 municipal bankruptcy filings in 2020?
Chapter 9 filings have been rare since the mechanism was created to allow U.S. municipalities to file for bankruptcy (MuniNet Guide). There is concern that the COVID-19 pandemic might create a surge in filings (The Hill, JD Supra). The question will be suspended on 31 December 2020. The outcome will be determined using Caseload Statistics Data Tables (F-5A) provided by uscourts.gov (U.S. Courts). For 2019, there were a total of six Chapter 9 bankruptcy filings (U.S. Courts - Report F-5A 31 December 2019, see page 133 of 261 in the file).