Creditors' Resource

Posted at 7:08 AM on June 3, 2009 by Richard Feferman

Commercial Bankruptcy Filings On The Rise

Chelsea Emery of Reuters covers corporate bankruptcy and restructuring. On Reuters shop-talk blog, Chelsea reports that commercial bankruptcy filings in May were up sharply from the same month a year earlier. 7,514 bankruptcy petitions were filed for businesses in 2009 compared with 5,354 for May 2008.

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