US firms filed for bankruptcy in Q1 2023, reaching 13-year high.
In the first half of 2023, 340 U.S. firms filed for bankruptcy, setting a new 13-year high, per CNBC: pic.twitter.com/KAUdnYdZRD — unusual_whales (@unusual_whales) July 16, 2023
bankruptcy.
Bankruptcy on the Rise
by Martin Armstrong Chapter 11 bankruptcies in the US rose by 68% during the first six months of 2023, according to Equip Bankruptcy. You may have survived the pandemic, but surviving Bidenomics is proving too much for many businesses. There were …
EV COLLAPSE: Electric vehicle manufacturer Lordstown Motors files for bankruptcy
via naturalnews: Electric vehicle manufacturer Lordstown Motors filed for bankruptcy protections on Tuesday, June 27, after announcing that it would put itself up for sale. It filed for Chapter 11 bankruptcy protections in a bankruptcy court in Delaware. Lordstown stated that it will …
The EU on the brink of bankruptcy? Hungary PM Orban says so
“Brussels, #EUCO. We want to know who is responsible for bringing the European Union to the brink of bankruptcy. Where is the money @EU_Commission?” Fair question. Some of the EU's cash is here: https://t.co/b9YhFA8iwE — Pieter Cleppe (@pietercleppe) June 29, …
15 Big Restaurant Chains That Filed For Bankruptcy – Over 160,000 restaurants have closed in the past three years due to economic conditions, with even biggest fast food chains facing bankruptcy
Our favorite restaurants are vanishing from sight as worsening economic conditions continue to squeeze U.S. businesses. With shoppers eating out less and tightening their budgets, even big names in the industry are seeing their operations rot from within. Over the …
The May filings brought the five-month total to 286 bankruptcy filings, the most since 2010, more than double the filings for the same period in 2022. This is not good at all
by BoatSurfer600 It’s turning into a banner year for corporate bankruptcy filings, after years of Easy Money that caused all kinds of excesses, fueled by yield-chasing investors, in an environment where the Fed had repressed yields with all its might. …
95% complete hotel in downtown Brooklyn going into bankruptcy.
95% complete hotel in downtown Brooklyn going into bankruptcy. – 100 rooms– Valued at $29.5 million– $34M senior loan default– $3.5M subordinate construction loan– $3M mechanic’s liens@somehotelguy whats your thoughts? pic.twitter.com/F5P1nXpJ8s — Eli Lever (@aussieflya) June 5, 2023 It's setback …