This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. An elevated level of bankruptcies continues to plague corporate America, with 117 more “large” companies making Chapter 7 or Chapter 11 filings over the 12 months ended June 30. While that was a modest increase from 113 such filings during the prior 12-month period, it was 81% above the annual average rate of 44 from 2005 through 2024, Cornerstone Research reported. “Mega-bank ...