American companies ’bankruptcy rises in July to the top of 2020, with 71 files in one month

Corporate bankruptcy increased in the United States in July, reaching the highest monthly total since the wave of the epidemic for the year 2020. According to the S & P Global Market Intelligence, 71 large public companies and a request for bankruptcy during the month, up from 66 reviews in June. This brings total deposits for the first seven months from 2025 to 446 – more than this period since 2010. data covers public companies with assets, assets or obligations of at least two million dollars, and private companies that have at least $ 10 million in assets or obligations at the time of application. The numbers highlight the installation of financial stress, where high interest rates, uncertainty in politics, and the pressures of the global supply chain are converging.

Strip of the sector

Many prominent bankruptcy cases occurred in July, including Lifescan Global Corp. And Genesis Healthcare Inc. And Del Monte Foods Corp. Lifesccan Global, who is famous for the products of diabetes in OneTouch, entered into a restructuring agreement aimed at reducing more than 75 % of the debt burden.

Sector data reveals that industrial companies and estimated companies for consumers face a heavier strain, with 70 and 61 bankruptcy, respectively. July alone witnessed 11 industrial companies and 10 estimated companies for consumers for bankruptcy, which confirms the ongoing challenges in these areas.

Historical context

Its peak in the United States reached its peak in the United States by more than 5,000 annually during the financial crisis 2008-2009, then it decreased sharply and remained relatively stable between 400 and 800 per year during most of 2010. But the deposits began to climb again from 2020 on the year 2021 (405) and 2022 (373). If the current pace persists, in 2025 it is possible to publish one of the highest annual bankruptcy groups for more than a decade.