The week in bankruptcies: Unity Holdings LLC.

Milwaukee area bankruptcy courts recorded one business filing - including zero with total debt above $1 million - during the week that ended February 19, 2021. Year to date through February 19, 2021, the court recorded 2 Chapter 7 or Chapter 11 business bankruptcy filings, a -50 percent decrease 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…