Events - Bankruptcy

main_category	cluster_event	Subevent	definition	English example	German example
Corporate Finance	Financial Stability	Bankruptcy	An event describing a legal process in which a company is declared in law as unable to pay their debts. It is designed to help a company eliminate or repay its debt under the guidance and protection of the bankruptcy court.	SandRidge Energy and Breitburn Energy have recently declared bankruptcy.	Renown geht als erstes großes japanisches Unternehmen wegen des Coronavirus pleite.

Corporate Finance - Financial Stability - Bankruptcy