Company Going Bankruptcies 2024. The number of cases has risen as high as 418,724. 2023 was a year of economic uncertainty for the biotech industry, which led to a funding drought.
It also held the record for biotech. More big firms are likely to go bust next year amid the “double whammy” of high borrowing costs and pressure on consumer budgets, according to insolvency.
Commercial Chapter 11 Filings Were Up 43% In The First Three Months Of 2024 Over The Same Period Last Year, Continuing An Upward Trend For New Bankruptcy Cases.
While 2024 so far has seen a slower start to bankruptcies, filings will likely pick up in the industry, particularly among digitally native retailers.
Among Sectors, Consumer Discretionary Companies Topped The List Of Bankruptcies In The First 11 Months Of 2023 With 76 Filings, S&Amp;P Global Data Showed,.
The number of bankruptcy filings from both the personal and corporate worlds rose 10% over 12 months.
There Were 768 Bankruptcies In January 2024.
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A List Of Some New Chapter 11 Bankruptcy Filings Made During The Last Week.
