The week in bankruptcies: Sklar Exploration Co. LLC, Colorado Fabrics LLC and more

Denver area bankruptcy courts recorded three business filings - including one with total debt above $1 million - during the week that ended April 10, 2020. Year to date through April 10, 2020, the court recorded 29 Chapter 7 or Chapter 11 business bankruptcy filings, a 26% 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…