US Bankruptcy Tracker: Courts See Busiest August on Record

US bankruptcy courts recorded six new, large filings last week while the pile of distressed debt grew by $3.1 billion, according to data compiled by Bloomberg.

• The month of August saw at least 23 big bankruptcy filings, marking the busiest August of any year since at least 2000, according to Bloomberg-compiled data
  • Last week’s filings — those with at least $50 million of liabilities — included a Dallas-area hospital that issued muni bonds and Mallinckrodt, the drugmaker that went bankrupt just two years ago
• Meanwhile, $237.6 billion of dollar-denominated corporate bonds and loans in the Americas traded at distressed ...