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New report forecasts public companies filing chapter 11 to reach $240 billion in 2003. (Going Bust).(Brief Article)

Publication: Buyside

Publication Date: 01-APR-03
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COPYRIGHT 2003 Adams Business Media

According to PricewaterhouseCoopers, the world's largest professional services organization, the rate of public company bankruptcy filings will drop only slightly in 2003, to 180 from 189 in 2002, with total assets of $240 billion. 2003 will represent the third highest total assets filed in the last 16 years. While...

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