The week in bankruptcies: ASI Capital Income Fund LLC, Vision Plumbing Inc. and more

The week in bankruptcies: ASI Capital Income Fund LLC, Vision Plumbing Inc. and more

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Denver area bankruptcy courts recorded three business filings - including two with total debts above $1 million - during the week that ended June 19, 2020. Year to date through June 19, 2020, the court recorded 47 Chapter 7 or Chapter 11 business bankruptcy filings, a 12% 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…

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