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Published on 11/1/2010 in the Prospect News Distressed Debt Daily.

Analysis of bankruptcy filings for 13 months through October 2010

Columns are liabilities in billions of dollars, count of filings, percentage of total in dollars.

Industry Sector (by SIC code)

10/200911/200912/20091/20102/20103/20104/20105/20106/20107/20108/20109/201010/2010
Agriculture (0xxx) 0 0 0 0 0 0 0 0 0 0 0 00.087
Oil and gas (13xx)1.466 0 0 0 0 0 00.124 0 00.636 0 0
Construction (15xx)0.231 0 0 0 00.499 0 0 0 0 0 0 0
Manufacturing (2xxx, 3xxx)3.8202.8283.3703.5372.7151.3491.1350.3650.6810.500 00.200 0
Pharmaceuticals (2834-6) 00.314 0 0 0 0 0 0 0 0 0 0 0
Transportation (4xxx) 0 0 01.517 00.298 0 0 0 01.354 0 0
Communications (48xx)3.234 00.269 0 00.211 0 0 0 0 0 01.642
Electric, gas, sanitary services (49xx) 0 0 0 0 00.430 0 0 0 01.000 0 0
Wholesale (5xxx) 00.1370.6850.231 0 0 00.178 01.0000.7570.1000.100
Finance, insurance, real estate (6xxx)7.85666.8860.8350.1601.0002.0640.8100.4210.8991.6000.536 00.100
Services (7xxx)1.2600.866 00.2331.2150.753 00.709 04.0870.5001.670 0
Health services (8xxx)3.000 00.167 0 0 01.004 0 0 0 0 0 0
Government (91xx) 0 0 0 0 0 0 0 00.100 0 0 0 0
Total20.86871.0315.3265.6784.9295.6042.9491.7971.6807.1874.7831.9701.929
Q4/2009Count Q1/2010Count Q2/2010Count Q3/2010Count Q4/2010Count YTDCount TotalCount Last 12 monthsCountYTD Share
Agriculture (0xxx) 00 00 00 000.08710.08710.08710.08710.23%
Oil and gas (13xx)1.4663 000.12410.6362 000.76032.22660.76031.97%
Construction (15xx)0.23110.4991 00 00 000.49910.73020.49911.30%
Manufacturing (2xxx, 3xxx)10.018177.601132.18160.7003 0010.4812220.4993916.6793227.22%
Pharmaceuticals (2834-6)0.3141 00 00 00 00 000.31410.31410.00%
Transportation (4xxx) 001.8153 001.3542 003.16953.16953.16958.23%
Communications (48xx)3.50320.2111 00 001.64211.85325.35742.12234.81%
Electric, gas, sanitary services (49xx) 000.4301 001.0001 001.43021.43021.43023.71%
Wholesale (5xxx)0.82240.23110.17811.85730.10012.36563.188103.188106.14%
Finance, insurance, real estate (6xxx)75.57763.22432.12962.13630.10017.5891383.1661975.3101819.71%
Services (7xxx)2.12632.20150.70926.2578 009.1681511.2941810.0341723.81%
Health services (8xxx)3.1672 001.0042 00 001.00424.17141.17132.61%
Government (91xx) 00 000.1001 00 000.10010.10010.10010.26%
Total97.2253916.211286.4261913.939221.929438.50573135.730112114.86297100.00%
Prepackaged
10/200911/200912/20091/20102/20103/20104/20105/20106/20107/20108/20109/201010/2010
No16.0884.0520.7872.1273.9293.8461.8141.7971.1997.1874.3911.9701.929
Yes4.77966.9794.5383.5511.0001.7581.135 00.481 00.392 0 0
Total20.86871.0315.3265.6784.9295.6042.9491.7971.6807.1874.7831.9701.929
Q4/2009Count Q1/2010Count Q2/2010Count Q3/2010Count Q4/2010Count YTDCount TotalCount Last 12 monthsCountYTD Share
No20.928239.902174.8101613.548211.929430.1885851.1168135.0287278.40%
Yes76.297166.309111.61630.3921 008.3171584.6143179.8352521.60%
Total97.2253916.211286.4261913.939221.929438.50573135.730112114.86297100.00%
Liabilities
10/200911/200912/20091/20102/20103/20104/20105/20106/20107/20108/20109/201010/2010
$75 to $99.99 million0.0860.0950.085 0 0 0 0 0 0 0 0 00.087
$100 to $199.99 million0.1000.1370.4340.160 00.1000.4980.4020.3000.2260.2810.5000.200
$200 to $499.99 million1.4491.9520.5081.5810.6742.1270.8920.7850.8470.2870.745 0 0
$500 to $999.99 million1.7351.7921.8353.9372.2551.3131.5590.6090.5330.5001.757 0 0
$1 to $1.49 billion1.2602.145 0 02.000 0 0 0 01.0002.0001.470 0
$1.5 to $1.99 billion 0 0 0 0 0 0 0 0 01.600 0 01.642
$2 to $4.99 billion8.382 02.464 0 02.064 0 0 03.574 0 0 0
$5 to $9.99 billion7.856 0 0 0 0 0 0 0 0 0 0 0 0
$10 billion and higher 064.910 0 0 0 0 0 0 0 0 0 0 0
NA 0 0 0 0 0 0 0 0 0 0 0 0 0
Total20.86871.0315.3265.6784.9295.6042.9491.7971.6807.1874.7831.9701.929
Q4/2009Count Q1/2010Count Q2/2010Count Q3/2010Count Q4/2010Count YTDCount TotalCount Last 12 monthsCountYTD Share
$75 to $99.99 million0.2663 00 00 000.08710.08710.35340.26730.23%
$100 to $199.99 million0.67150.26021.20191.00790.20022.667223.338273.238266.93%
$200 to $499.99 million3.909134.382132.52461.0323 007.9382211.8473510.3983020.62%
$500 to $999.99 million5.36287.505102.70142.2574 0012.4631817.8252616.0912432.37%
$1 to $1.49 billion3.40532.0002 004.4704 006.47069.87598.615816.80%
$1.5 to $1.99 billion 00 00 001.60011.64213.24223.24223.24228.42%
$2 to $4.99 billion10.84642.0641 003.5741 005.638216.48468.102314.64%
$5 to $9.99 billion7.8561 00 00 00 00 007.8561 000.00%
$10 billion and higher64.9101 00 00 00 00 0064.910164.91010.00%
NA 01 00 00 00 00 00 01 000.00%
Total97.2253916.211286.4261913.939221.929438.50573135.730112114.86297100.00%
Court
10/200911/200912/20091/20102/20103/20104/20105/20106/20107/20108/20109/201010/2010
Southern District of New York3.23464.9102.4641.0992.0002.3621.6790.609 06.2742.3921.4701.742
District of Delaware13.7384.3812.7773.2880.6742.5590.5970.6670.1000.5001.7460.3000.087
Eastern District of Virginia 0 0 0 02.255 0 0 0 0 0 00.100 0
District of Nevada 0 0 00.649 00.2530.493 0 00.287 0 0 0
Southern District of Georgia 0 0 00.482 0 0 0 0 0 00.500 0 0
Northern District of Illinois 0 0 0 0 0 0 0 00.533 00.145 00.100
District of New Jersey 0 0 0 0 0 0 0 00.481 0 0 0 0
Western District of Texas 0 0 0 0 00.430 0 0 0 0 0 0 0
District of Puerto Rico 0 0 0 0 0 0 00.421 0 0 0 0 0
Others3.8951.7400.0850.160 0 00.1810.1000.5660.126 00.100 0
Total20.86871.0315.3265.6784.9295.6042.9491.7971.6807.1874.7831.9701.929
Q4/2009Count Q1/2010Count Q2/2010Count Q3/2010Count Q4/2010Count YTDCount TotalCount Last 12 monthsCountYTD Share
Southern District of New York70.60835.46162.288410.13681.742219.6272090.2362387.0012250.97%
District of Delaware20.896266.521141.36462.54680.087110.5182931.4145517.6764727.32%
Eastern District of Virginia 002.2553 000.1001 002.35542.35542.35546.12%
District of Nevada 000.90220.49310.2871 001.68141.68141.68144.37%
Southern District of Georgia 000.4821 000.5001 000.98220.98220.98222.55%
Northern District of Illinois 00 000.53310.14510.10010.77830.77830.77832.02%
District of New Jersey 00 000.4811 00 000.48110.48110.48111.25%
Western District of Texas 000.4301 00 00 000.43010.43010.43011.12%
District of Puerto Rico 00 000.4211 00 000.42110.42110.42111.09%
Others5.720100.16010.84750.2262 001.23386.952183.057123.21%
Total97.2253916.211286.4261913.939221.929438.50573135.730112114.86297100.00%
Criteria

• The tables include all underwritten offerings sold in the international bond markets reported to Prospect News.

• Offerings are included in the time period in which they price (or settle if pricing date not available).

• Amounts are based on the total sales price (face amount multiplied by the offering price). The full amount is credited to the bookrunner (or lead manager if no bookrunners). For multiple bookrunners (or lead managers), the total value is divided equally among all the firms.

• Each tranche is counted as a separate deal.

• Units made up of a bond and a warrant are included; other units are excluded.

• Best efforts and non-underwritten deals are excluded.

• Non-dollar deals are converted to dollars at the rate shown in Federal Reserve's H.10 release on day of pricing.

• Emerging markets are all countries except: United States, Canada, United Kingdom, Germany, France, Italy, Japan, Australia, New Zealand, Netherlands, Ireland, Sweden, Norway, Denmark, Spain, Portugal, Switzerland, Luxembourg, Austria, Belgium, Finland, Iceland and Greece.

Criteria

• The tables include all Chapter 7, Chapter 11 and Chapter 15 filings with $75 million or more in liabilities.


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