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The budget airline filed for Chapter 11 bankruptcy protection in November, facing over $1 billion in looming debt payments and accumulating more than $2.5 billion in losses since 2020.
According to the most recent federal statistics, bankruptcy filing surged by a total of 16.2% between September 2023 and September 2024, reflecting rising costs, mountain debt, and unexpected ...
Of course, filing for bankruptcy doesn’t necessarily mean a business is going bust. Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on ...
Pages in category "Companies that filed for Chapter 7 bankruptcy in 2024" The following 17 pages are in this category, out of 17 total.
Texas two-step proponents, like Johnson & Johnson and its lawyers, have argued that Texas two-steps are not inherently bad-faith, and that in the context of mass-tort litigation bankruptcy is fairest way to address large numbers of personal injury claims. Unlike in traditional courts hearing cases brought by many different people, bankruptcies ...
Chain Apocalypse. This year was a bloodbath for retail and dining businesses. In the first nine months of 2024, business bankruptcy filings skyrocketed 33.5%, jumping from 17,051 to 22,762.
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2024" The following 170 pages are in this category, out of 170 total. This list may not reflect recent changes .
There is a 16 percent rise in commercial bankruptcy filings from September 2022 to September 2023, according to the American Bankruptcy Institute, and a 29 percent rise in Chapter 11 bankruptcies.