The “bankruptcy wall”?
It is the Arlesienne of the French economy.
Since the start of the Covid pandemic, it has been announced many times.
But it never appeared and should never arise.
The experts first promised a surge in bankruptcy filings in the fall of 2020, during the second confinement, then at the end of spring 2021 with the gradual withdrawal of public aid decided during the pandemic, and finally after the presidential elections.
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However, the number of safeguard proceedings, reorganizations and judicial liquidations has never been so low in France as in 2020 and 2021. And despite its recent rise, it remains significantly lower than its 2019 level. not the electoral calendar which explains this absence of tsunami (a study by the firm Eight Advisory twists the neck at the idea that the restructurings would be pushed back after the elections), but the situation of the companies.
The wall of bankruptcies designates a precise phenomenon: the addition of the return…
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