The number of bankrupt American companies has risen to a level not seen since the coronavirus

RockedBuzz
By RockedBuzz 2 Min Read

Although a comparatively low number of chapter filings had been obtained in November this 12 months in contrast to the different months of the 12 months, there have been extra bankrupt companies than this 12 months solely in 2020, which was battered by the coronavirus epidemic. 49 notifications had been obtained in October and 34 in November,

this introduced the number of American companies that went bankrupt this 12 months to 591.

The newest information got here in reference to a firm known as WeWork: the firm with greater than $1 billion in liabilities filed for chapter safety in November, bringing the number of functions submitted by companies with this a lot debt to 21.

Here is the record of the most vital companies that went bankrupt this 12 months:

More vital companies that declared chapter this 12 months
Companies with liabilities over $1 billionDate of chapter submitting
WeWork06.11.2023
Air Methods24.10.2023
Acumin22.10.2023
Rite Aid15.10.2023
MVK FarmCo13.10.2023
SmileDirectClub29.09.2023
Amyris09.08.2023
Yellow Corp06.08.2023
Voyager Aviation Holdings27.07.2023
Cyxtera Technologies04.06.2023
PGX Holdings04.06.2023
Incora01.06.2023
Diebold Nixdorf01.06.2023
Envision Healthcare15.05.2023
Kidde-Fenwal14.05.2023
Monitronics International14.05.2023
Whittaker, Clark & ​​Daniels26.04.2023
Bed Bath & Beyond23.04.2023
LTL Management04/04/2023
SVB Financial Group17.03.2023
Diamond Sports Group14.03.2023
Avaya14.02.2023
Serta Simmons Bedding23.01.2023
Party City Holdco17.01.2023
Source: Reuters, Portfolio

Source: Reuters

Cover picture supply: Getty Images

Share This Article
Leave a comment