Corporate Bankruptcies and the Restructuring Solution

Recent, big-name Chapter 11 filings have brought to the light the importance of insurance solutions for companies in financial distress, as companies in this situation face oftentimes new and uncharted issues.

4 minute read May 01, 2023 at 12:09 AM

Brian Wanat

Corporate Bankruptcies and the Restructuring Solution

In January 2023 alone, three well-known U.S. retailers filed for Chapter 11 or announced they were preparing to file, citing the slowing economy, rising interest rates, supply chain issues and increased competition, among other issues.

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