When is it time to file for bankruptcy?

With the sudden changes prompted by the COVID-19 pandemic creating financial pressures for many companies, business leaders might be asking themselves: When is it time to file for bankruptcy? Milwaukee-area manufacturers Briggs & Stratton, Jason Industries, Techniplas LLC and Arandell Holdings have been among the more than 4,250 Chapter 11 cases filed nationwide this year.

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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