For some small businesses, temporary will become permanent.
AP Photo/Elaine Thompson
Bankruptcy is meant to offer breathing space to struggling companies, but it may not be enough given the unpredictable nature of the pandemic.
The courts are sheltering in place too.
101cats/Getty Images
The bankruptcy system has always been difficult to navigate, especially for minorities and other vulnerable groups. The pandemic is making it a lot harder.
Thousands of Americans, including James Kretschmer, say they experienced sexual abuse as Boy Scouts.
AP Photo/David J. Phillip
This reorganization may provide roadmaps for other nonprofits to follow if they face abuse allegations in the #MeToo era.
About 23,000 companies went out of business in 2017.
Reuters/Nick Zieminkski
A bankruptcy filing always means there’s not enough money to go around, but the process ensures both debtors and creditors are protected.
Critics have worried Purdue might use bankruptcy to avoid accountability.
AP Photo/Jessica Hill
While critics accuse companies facing lots of lawsuits of using bankruptcy as a sort of ‘get of jail free card,’ the reality of the legal procedure is more complicated.
Tom Stewart fought to bring the sexual abuse that he endured as a Boy Scout to light.
AP Photo/Ted S. Warren
These reorganizations may provide roadmaps for other nonprofits to follow if they face abuse allegations in the #MeToo era.
There’s little left of the Trump legacy in Atlantic City.
Mark Makela/Reuters
A study of the three casinos Donald Trump owned in Atlantic City shows they performed far worse than their rivals, losing more jobs and revenue.