Bloomberg Law
Jan. 31, 2023, 2:00 PM

US Bankruptcy Tracker: Large Filings Surge to Highest Since 2010

Jeremy Hill
Jeremy Hill
Bloomberg News

More large companies have filed for bankruptcy this month than in any January since 2010, according to data compiled by Bloomberg.

There have been 20 large bankruptcy filings — those tied to at least $50 million of liabilities — in the US this month. That’s more than any January since 2010, which saw 25 such filings, the data shows.

The cases range from heavily indebted enterprises that have struggled for years to a former blank-check company that ran low on cash not long after going public. For most, there is a common theme: credit is harder to come by as ...