The week in bankruptcies: American Liquor 524 Inc., Sidco Inc. and 2 more

Orlando area bankruptcy courts recorded four business filings – including zero with total debt above $1 million – during the week that ended April 15, 2022. Year to date through April 15, 2022, the court recorded 25 Chapter 7 or Chapter 11 business bankruptcy filings, a 9% 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…