As the economic consequences of the COVID-19 pandemic, and the attendant state shutdowns across the country. Continues to ripple through the business, finance and banking sectors many large corporations carrying excessive debt and with reduced revenue streams are resorting to the haven of Chapter 11 bankruptcy filing to attempt to save themselves.

Although a hard road ahead lies for many, if not most, in order to put into place effective restructuring of their operations and debt to survive, in many instances this is the only way providing hope for survival. See some of the lesser- and better-known names who have filed recently in this article.

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https://finance.yahoo.com/news/big-bankruptcies-sweep-u-fastest-100000110.html