bankruptcies News

‘Zombie’ Companies Likely to Keep Commercial Insurance Rates Rising

NEW YORK — The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among the major concerns prompting insurers to reduce risk and charge higher premiums, a trend likely …

Stiffed Vendors Get Tough With U.S. Retailers After Big Losses

As U.S. retailers celebrate a boom lifting one of the pandemic’s hardest-hit sectors, scars left by a year of bankruptcies and delayed vendor payments could threaten to undermine their recovery — just as the crucial back-to-school shopping season begins. After …

You’ve Been Served: Court Notices Carry New Risks Amid Virus

Even in the best of the times, not many people are happy to see a process server. The people who hand-deliver court paperwork — including divorces, evictions, and lawsuits — are accustomed to being threatened and cursed at. Now, they …