Millions of Americans are unemployed, and thousands of businesses are struggling amid a crushing recession brought about by the COVID-19 pandemic. Yet bankruptcy filings remain at historic lows. The number of filings may be deceptive, according to a California bankruptcy attorney, who said many of…
A GNC manager is suing the company, saying he was fired for enforcing a mask order. Bankruptcy laws may protect GNC.
Even with millions of Americans out of work and many businesses struggling to survive, bankruptcy filings are significantly down in the U.S. this year, compared to last. In fact, according to the American Bankruptcy Institute, total bankruptcy filings were 42% lower in May 2020 than…