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Chapter 11 filings for businesses increased by 29 percent in September 2023 compared to the same month last year. (American Bankruptcy Institute)Overall, commercial bankruptcy filings were up 16 ...
Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well. One major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees.
Of those, business filings rose by 33.5%, while personal (non-business) filings were 15.5%. While total bankruptcy filings have increased each quarter since June 2022, they remain far lower than ...
Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...
Companies of the United States that have filed for bankruptcy For those later declared bankrupt, see Category: Bankrupt companies of the United States . Subcategories
Its business was commercial and residential real estate development, according to filings with the Secretary of Commonwealth. 2018: Levee Breaks begins a profit-sharing program with some notes ...
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