These popular brands have risen from the ashes.
. Between January 1 and August 31, filings with assets valued at $50 million or more shot up nearly 200% on a one-year basis.
While those figures might not sound surprising, it's worth noting that filings did not increase at the same rate among. In fact, bankruptcies for small businesses actually decreased in the first months of the pandemic. The Harvard study confirmed the"very different role" that bankruptcy plays for large corporations as compared to individual consumers and small firms. While corporations are adept at using bankruptcy as a source of debt protection, smaller businesses are more likely to refrain from filing, and to view bankruptcy as"a last resort."
With that difference in approach and attitude in mind, here's a look at six restaurant chains making the
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