The COVID-19 pandemic continues to wreak havoc on a number of industries, as we began discussing in our June blog. Presented below is updated data on the 10 industries hardest hit from COVID-19 through August, sorted by overall increase in filings.Number of Chapter 11 Filings IndustryJan - MarApr...
Read MoreAfter a wild spring, the financial disruptions created by COVID-19 are leading to some concerning outcomes for businesses. Even with the assistance of state and federal funding for businesses — and whether or not companies have highly leveraged capital structures — more restructurings...
Read MoreEach year, thousands of businesses in the United States file for bankruptcy for a variety of reasons. In some cases, the process provides breathing room from creditor payment demands, buying more time to reorganize the enterprise into a more economically feasible structure for the future. In...
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