
Valuation trends, mass tort liabilities
Debtwired!
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Bankruptcy Trends Post-COVID
This chapter explores the significant shifts in bankruptcy trends triggered by the COVID-19 pandemic, particularly highlighting the struggles of industries like airlines, hotels, and retail. It emphasizes changing consumer behaviors towards e-commerce and the necessity for businesses to adapt to a new economic landscape marked by reduced demand for traditional services. The chapter also clarifies the important distinction between liquidity and solvency, detailing the precarious financial states of various companies and the potential for increased bankruptcy filings in the future.
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