Even with the economy starting to re-open, many businesses are still struggling to get back on track in the wake of the COVID-19 pandemic. Chapter 11 bankruptcies are up 26 percent over this time last year, a number that includes businesses in a wide array of industries from large retailers like J. Crew and J.C. Penney to energy companies like Diamond Offshore Drilling and Whiting Petroleum.
USA, Employment & Labor, Insolvency & Restructuring, Litigation, Vinson & Elkins LLP, Coronavirus, National Labor Relations Board (USA)