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Aug. 12, 2026

Small companies, big bankruptcy trouble

Corporate bankruptcies, led by filings from small and midsize companies, rose another 12.2% during the first half of 2026, reaching their highest level since the aftermath of the Great Recession more than 13 years ago.

The data, compiled by the Administrative Office of the U.S. Courts, reflect an increasingly gloomy picture for businesses. Legal experts, pointing to soaring bankruptcies among smaller companies, say the worst may be yet to come.

First-half bankruptcy filings...

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