Chapter 11 Business Bankruptcies Rose 26% in First Half of 2020


Chapter 11 enterprise chapter filings elevated 26% in the primary half of this 12 months as extra corporations sought safety from collectors through the coronavirus pandemic, in keeping with legal-services agency Epiq Systems Inc.

U.S. courts recorded a complete of three,604 companies submitting for chapter 11 safety in the primary six months of 2020, up from 2,855 in the primary half of 2019, Epiq stated based mostly on information from its Aacer enterprise unit. Commercial chapter 11 filings had been up 43% final month from June of final 12 months.



Source link Christmas 2019

Featured Advertisements

ADVERTISE HERE NOW ! Secure Paypal

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured Advertisements

ADVERTISE HERE NOW ! Secure Paypal