Bankruptcies of American companies witness a strong increase during AprilVisits : 62

Bankruptcies of American companies witness a strong increase during April

The number of US corporate bankruptcies has increased sharply over the past month, with the effects of the Corona virus.

According to the data of the American Bankruptcy Institute, today, Friday, there are 560 requests for bankruptcy protection under Chapter 11 of the United States Bankruptcy Law last April, an increase of 26 percent over the same period last year.

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