Chapter 11 bankruptcy filings continue trending up (Factset)

https://insight.factset.com/cautious-optimism-for-capital-markets-coming-out-of-1q24 https://www.uscourts.gov/statistics-reports/analysis-reports/bankruptcy-filings-statistics/bankruptcy-statistics-data In 2023, Chapter 11 bankruptcy filings skyrocketed by 72%, reaching a total of 6,569, as revealed by data from Epiq AACER. The surge, attributed to rising interest rates and inflation, pushed highly leveraged organizations to the brink. Additionally, …

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Bankruptcy filings in Germany hit ATH

Just in: Bankruptcy filings in Germany hit ATH 👀 ⚠️ Narrator: then $DAX will hit new ATH too ☺️ https://t.co/ZNo2WXTdfv pic.twitter.com/ypcls4isAo — JustDario 🏊‍♂️ (@DarioCpx) April 10, 2024

Canada faces alarming surge in bankruptcy filings

This surge in Canadian bankruptcy filings, especially among small businesses, is deeply concerning. With such a significant increase in insolvency cases, coupled with the pressure small businesses face to repay pandemic loans, there’s a legitimate worry about Canada’s economic stability. …

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As rates have nearly tripled on most forms of debt, bankruptcy filings are rising. Nearly $270 billion of leveraged loans carry weak credit profiles and are potentially at risk of default

“Bankruptcy filings for companies with at least $10 million in liabilities are rising sharply. Since the Fed started raising rates in March 2022, bankruptcy filings have more than doubled. Corporations, individuals, and the government all got used to historically low …

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