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Tailored and Ascena Illustrate One of 2020’s Bankruptcy Trends

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Were all of the past year’s bankruptcy cases the direct result of pandemic pressure? New analysis says probably not. While the majority of 2020’s blockbuster bankruptcies can trace their origins to cash-flow crunches resulting from temporary store closures and other coronavirus disruptions, Fitch Ratings says a fair number filed as a clear-eyed strategy. Those strategies,…

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