Bankruptcies have hit the fastest pace since the Great Recession — and more companies are expected to file

Bankruptcies have hit the fastest pace since the Great Recession — and more companies are expected to file

Business Insider

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· *In May, 27 companies with at least $50 million in liabilities filed for court protection from their creditors, Bloomberg reported Thursday.*
· *It's the fastest pace of filings since May 2009, following the Great Recession, according to the report. *
· *In addition, as the coronavirus pandemic continues to slam the...

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