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By Tim Fries
Reviewed by Shane Neagle
As of September 14, 2020, COVID-19 has reportedly taken more than 900,000 lives.
The economic impact has been far reaching, with over 47 million unemployment applications in the United States alone. As countries have shut down, businesses have been forced to close their doors as well. Many college students are forced to take classes online, which hurts communities with an economic dependency on the student demographic.
With revenue coming to a screeching halt, many companies are simply unable to maintain their current debt structure. As a result, the list of COVID-19 induced bankruptcies continues to grow each and every day.
The following register is updated daily to provide the most current information related to bankruptcies caused by COVID-19.
COVID-19 Bankruptcies
Sources of information include press releases from the relevant companies themselves (cited) as well as open-source data providers Crunchbase and Glassdoor.
List of Companies Bankrupt Due to COVID-19
Tim Fries
Tim Fries is the cofounder of The Tokenist. He has a B. Sc. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. Tim served as a Senior Associate on the investment team at RW Baird's US Private Equity division, and is also the co-founder of Protective Technologies Capital, an investment firm specializing in sensing, protection and control solutions.