Dropping crude prices and a worsening pandemic have led to a growing wave of energy bankruptcies. Here’s what that fallout looks like.
After the 2009 crisis, it took nearly 3 years for commercial mortgage delinquencies to hit record levels. In 2020, it took just 3 months.
There is always risk in business - but for these 20 companies, which caused the biggest bankruptcies in history, those risks didn't quite pan out.
April was a record-setting month for bankruptcies in the oil patch. We put the 11 bankruptcies and $15 billion of outstanding debt in context.