US bankruptcy filings in January drops to a 15-yr low
US bankruptcy filings in January experienced the lowest monthly number of across all chapters since February 2006 (26,617 filings) with...
International news
New bankruptcy law of Brazil is a risk to corporate recoveries: Fitch Ratings
The new bankruptcy law of Brazil could lower recovery prospects for the debt of speculative-grade Latin American corporates and incentivise...
UK company insolvencies rise 9% in December 2020; individual insolvencies declines
In December 2020, UK company insolvencies for the first time were higher than the comparable month in 2019 since the...
Business insolvencies in Germany down 31.9% from October 2019
In October 2020, local courts in Germany reported 1,084 business insolvencies. The Federal Statistical Office (Destatis) reports that this was...
US Bankruptcy filings drop 30% in 2020 as govt stimulus supports distressed business, individuals
Total US bankruptcy filings in 2020 dropped 30% as the government and lenders offered stabilization measures in response to the...
Australia rolls back changes in insolvency laws triggered by Covid-19 from 1 January
Even as India extended the suspension of Insolvency and Bankruptcy Code till March 2021, many countries have started rolling back...
US bankruptcies decline over past two weeks, but companies still struggling
US bankruptcies continued to grow in the last two weeks during the coronavirus era but at a slower pace than...
England, Wales report 42% fewer company insolvencies in October
England and Wales saw 42% less company insolvencies in October 2020 compared to last year. There were 856 company insolvencies...
One in 10 SMEs in Europe may file for bankruptcy in six months, finds McKinsey survey
One in 10 Small and Medium Enterprises (SMEs) in Europe are likely to file for bankruptcy as they face existential...
US Chapter 11 commercial insolvency filings register 78% growth in September
The number of Chapter 11 commercial business insolvency filings in the US continues to see a sharp jump as Covid-19...