Trends in Large Corporate Bankruptcy and Financial Distress: Executive Summary | Cornerstone Research

Liquidation

The elevated pace of large corporate bankruptcy filings that began in early 2023 has persisted over the last 12 months (2H 2024–1H 2025) and even increased over the prior year. The most common reported drivers have been high inflation and interest rates, reduced consumer demand, and shifts in public policy. Out-of-court restructurings involving liability management…