‘Going Concern,’ Going Bust – The New York Instances

Following the same old sample, bankruptcies have ensued: Extra firms filed for Chapter 11 within the first half of this 12 months than in any 12 months since 2010, in keeping with S&P World.

Going-concern warnings cropped up just lately in filings from Mattress Bathtub & Past, Vice Media and Virgin Orbit, presaging their eventual bankruptcies.