Canadian Business Insolvencies Increase By 19% But It’s Just The Tip Of The Iceberg
Business insolvencies in Canada are on the rise, but the numbers might not be painting a full picture of the
Read more
Bankruptcy
Quebec-Based Pension Manager Writes Off $150 Million Celsius Network Investment
Quebec pension manager Caisse de depot et placement du Québec (CDPQ) has written off its investment in now-bankrupt cryptocurrency lending
Read more
Pandemic Crisis Worsens: More Than 50% Of Europe’s Smaller Businesses Expected To File For Bankruptcy Within The Year
It appears that it is not just small and medium-sized businesses in the US that are being decimated by the
Read more
September Bankruptcies Soar as US Small Businesses Forced to Shut Doors
Despite record trillion dollar injections into the economy, it appears that many businesses across the US are still not faring
Read more
25,000 Retail Stores are Predicted to Permanently Close by End of 2020
Although the peak of the coronavirus pandemic is supposedly beginning to subside given that states are starting to ease restrictions
Read more
Commercial Bankruptcy Filings in the US Increase 48% Amid Coronavirus Pandemic
The coronavirus pandemic shocked the US economy, causing mandatory stay-at-home orders and businesses to temporarily close their doors to comply
Read more
Personal Bankruptcies Fall to Record Low for Month of April
Although the Canadian economy has been hit hard by the coronavirus pandemic, the swift monetary response by the federal government
Read more
Gold’s Gym Files for Bankruptcy Protection Due to Coronavirus Pandemic
As the coronavirus pandemic began to infiltrate the US population, many businesses and services were ordered to temporarily close their
Read more
Car Rental Company Hertz Preparing for Bankruptcy Filing
As the rapid spread of the coronavirus resulted in economic lockdowns and stay-at-home orders, many companies have been struggling to
Read more
Fitch Ratings Anticipating Historic Loan Defaults for April
Since the onset of economic shutdowns across the US, millions of workers have found themselves unemployed and struggling to make
Read more