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Corporate Bankruptcies Stay Above Historical Norms Despite Declining from Recent Peak

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The 100 filings in 2H 2025-1H 2026 were 22% above the historical annual average.

NEW YORK, Oct. 8, 2026 /PRNewswire/ — Large corporate bankruptcy filings remained historically elevated between the second half of 2025 and the first half of 2026, even as the filings declined year over year, according to a new report released by Cornerstone Research.

The report, Trends in Large Corporate Bankruptcy and Financial Distress: Midyear 2026 Update, identifies 100 large corporate bankruptcy filings during the 12-month period ending June 30, 2026. These 100 filings were fewer than the 117 filings recorded during the prior 12-month period, but 22% above the annual average of 82 filings from 2005-2025.

“The continued elevated pace of large corporate bankruptcies reflects persistent challenges of the broader economic environment for companies that rely on debt financing,” said Matt Osborn, principal at Cornerstone Research and report coauthor. “The data suggest that high interest rates and regulatory uncertainty, along with shifting demand and competitive dynamics within certain sectors such as manufacturing, remain the most frequently cited drives of distress among large bankruptcy filers.”

Key Findings

Mega bankruptcies continue at elevated levels. 28 companies with recorded assets exceeding $1 billion filed for bankruptcy during the period, exceeding the historical average of 23 annual filings.

Shifts in consumer preferences are causing financial distress. 73% of Chapter 11 mega bankruptcies cited changing consumer behavior, competitive pressures, or declining demand as contributing factors.

Regulatory and policy challenges intensified competitive pressure. 65% of mega bankruptcy filings cited regulatory, legislative, or trade policy pressures, including tariff-related impacts and industry-specific compliance requirements.

Texas has overtaken Delaware as the leading bankruptcy venue. The Southern District of Texas accounted for 32% of large corporate bankruptcy filings, surpassing Delaware’s 20% share and Texas’s historical average of 13%.

Financial Distress Drivers

The report analyzes first-day declarations from 26 Chapter 11 mega bankruptcies and found that multiple operating and macroeconomic pressures continue to affect large companies.

Bankruptcy filers pointed to changing consumer preferences and competitive disruption, citing developments such as cord-cutting, competition from streaming platforms, and post-pandemic demand shifts. They also cited regulatory and policy challenges, including trade tariffs and healthcare funding changes.

High interest rates weighed on companies with floating-rate debt and refinancing needs. Meanwhile, persistent inflation also remained a commonly cited headwind, affecting both input costs and customer purchasing power.

Sector Activity Remains Concentrated

Manufacturing, services, and finance, insurance, and real estate accounted for 64% of all large corporate bankruptcy filings during the period.

Manufacturing companies represented nearly one-third of all mega bankruptcies, with plastics and packaging businesses particularly affected by volatile demand and post-pandemic inventory adjustments. The services sector saw notable distress among healthcare providers, while finance, insurance, and real estate filings remained substantially above historical averages amid ongoing challenges in real estate markets.

About the Report

Trends in Large Corporate Bankruptcy and Financial Distress: Midyear 2026 Update examines bankruptcy filings by companies with assets exceeding $100 million over the 12-month period ending June 30, 2026. The report analyzes filing trends, industry activity, bankruptcy venues, restructuring developments, and key drivers of corporate financial distress.

About Cornerstone Research

Cornerstone Research is at the forefront of economic and financial consulting, delivering the rigorous analytical solutions required to navigate complex disputes. The firm draws from an extensive network of prominent academic and industry experts to support each matter effectively. Pairing a deep understanding of economics and finance with a suite of industry-leading artificial intelligence and machine learning tools, Cornerstone provides clients with a sophisticated, tailored approach. A reputation for innovation, precision, and excellence has defined Cornerstone since 1989. That momentum continues with over 1,000 professionals collaborating across nine offices in the US, UK, and EU.

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SOURCE Cornerstone Research

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Olympia Launches Scope 360™ for Complex Commercial Moves

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New project-managed program brings commercial moving, logistics, and facilities services together, with a clearly defined scope of work for every project.

WATERTOWN, Mass., Oct. 8, 2026 /PRNewswire-PRWeb/ — Olympia today announced the launch of Scope 360™, a project-managed commercial moving program designed to help organizations plan and execute office relocations, workplace reconfigurations, and asset transitions with greater clarity, coordination, and control.

Commercial relocations are rarely just about moving furniture,” said Michael Gilmartin, founder and CEO of Olympia. “They involve people, facilities, technology, vendors, schedules, and business-continuity decisions. Scope 360 gives clients one experienced team to coordinate the entire transition.

Scope 360 brings the many moving parts of a commercial transition together through a single, coordinated plan. From defining the initial scope and managing building requirements to relocation, installation, storage, technology coordination, and final closeout, the program helps organizations minimize disruption and keep projects moving forward.

Scope 360 services include:

Office, workplace, and internal relocationsCommercial storage and asset managementWarehousing, receiving, delivery, and project stagingFurniture, fixtures, and equipment receiving and installationIT disconnect, relocation, and reconnect coordinationRental-crate delivery and moving materialsLiquidation, decommissioning, recycling, and responsible disposalFacilities support, departmental reshuffles, and phased movesEmergency and restoration logisticsPre-move planning, building coordination, and move-day execution

Each Scope 360 engagement begins with a customized project scope based on the organization’s facilities, inventory, timeline, operational requirements, and stakeholders. A dedicated project team coordinates the work to help reduce downtime, maintain accountability, and address potential issues before they affect the schedule.

The program is designed to support office and corporate clients as well as healthcare organizations, laboratories, universities, technology companies, professional-services firms, government agencies, and other institutions managing complex or time-sensitive transitions.

Scope 360 is available through Olympia’s operations in Greater Boston, Washington, D.C., Philadelphia, Austin, and Tampa, with support for regional, interstate, phased, and multi-site projects.

Olympia’s commercial team manages relocations for corporate offices, hospitals, universities, and laboratories, coordinating everything from equipment disconnect and reconnect to phased, multi-day move execution.

“Scope 360 reflects how our commercial team already approaches complex projects: understand the complete picture, build the right plan, and stay accountable through the final detail,” Gilmartin added. “The name gives that approach a clear identity and makes it easier for clients to access Olympia’s full range of commercial capabilities.”

Organizations can learn more about Scope 360 or request a commercial project consultation at https://olympiamoving.com/scope-360-commercial-moving/.

About Olympia

Founded in Boston in 1993, Olympia provides commercial moving, storage, installation, logistics, and facilities services. Olympia operates locations serving Greater Boston, Washington, D.C., Philadelphia, Austin, and Tampa, supported by more than 400,000 square feet of company-owned commercial storage space. The company helps organizations manage office relocations, installations, warehousing, decommissioning, asset transitions, and other complex commercial projects.

Media Contact

John Burton, Olympia Moving, 1 240-927-5968, cstanza@olympiamoving.com, https://olympiamoving.com/

View original content:https://www.prweb.com/releases/olympia-launches-scope-360-for-complex-commercial-moves-302901063.html

SOURCE Olympia Moving

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Acbel to Showcase High-Density Power Solutions for AI Data Centers at OCP Global Summit 2026

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100kW and 72kW Power Shelf solutions highlight Acbel’s expanding capabilities in high-density AI data center power infrastructure

SAN JOSE, Calif., Oct. 8, 2026 /PRNewswire/ — Acbel Polytech Inc., a global provider of power solutions, today announced that it will showcase its latest high-density power solutions at OCP Global Summit 2026, taking place October 13–15 in San Jose, California. Exhibiting alongside its subsidiary OmniOn Power, Acbel will demonstrate power technologies supporting ±400V/800V DC and 50V DC architectures for AI data center infrastructure.

As AI computing continues to scale, higher-power GPUs and accelerators are driving significant increases in server- and rack-level power requirements. These demands are accelerating the shift toward power architectures that deliver greater power density and efficiency while maintaining reliability and deployment flexibility.

For ±400V/800V DC architectures, Acbel will showcase its 100kW Power Shelf, which delivers 100kW of output in a compact 1OU form factor. Combined with Acbel’s patented PDU design, the solution can be configured for either ±400V or 800V output based on customer requirements, supporting flexible deployment across different data center DC power architectures.

For 50V DC architectures, Acbel will feature its 19-inch 72kW Power Shelf, incorporating 12kW power modules with power density of up to 102 W/in³. The modules have achieved 80 PLUS Ruby certification, delivering high power density and energy efficiency for increasingly power-intensive AI infrastructure. Acbel is also developing liquid-cooled power technologies to address rising power density and thermal requirements as AI computing platforms continue to evolve.

“AI is fundamentally changing how power infrastructure is designed for data centers,” said Sven Lee, Vice President of Power and Energy Solutions Business at Acbel. “As rack power continues to increase, customers need solutions that deliver more power within limited space without compromising efficiency, reliability or flexibility. Acbel is building on its power conversion expertise to expand from high-density power solutions toward more advanced data center power architectures and liquid-cooled technologies.”

Acbel’s participation in OCP Global Summit 2026 reflects the company’s continued expansion in AI data center power infrastructure and its commitment to collaborating with cloud service providers, server manufacturers and ecosystem partners to address evolving power requirements.

Event Information
OCP Global Summit 2026
Date: October 13–15, 2026
Venue: San Jose Convention Center, San Jose, California, USA
Booth: F3

About Acbel Polytech 

Acbel develops advanced power solutions that enable sustainable technologies and support the infrastructures of tomorrow. For over four decades, Acbel has been at the forefront of power design innovation, delivering reliable and efficient solutions for IT equipment, advanced computing systems, electric mobility, charging infrastructure and renewable energy applications. Headquartered in Taiwan and operating globally, Acbel is committed to driving technology progress while contributing to a more sustainable future. For more information, please visit: https://www.acbel.com.tw.

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SOURCE AcBel Polytech Inc.

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MICHAELA JAÉ RODRIGUEZ TO BE HONORED BY APLA HEALTH AT THE 42ND ANNUAL AIDS WALK LOS ANGELES ON OCTOBER 18, 2026

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Joel Kim Booster to present Rodriguez with the Voice of Visibility Award, followed by an Opening Ceremony Performance from Singer/Songwriter David Archuleta
 

LOS ANGELES, Oct. 8, 2026 /PRNewswire/ — APLA Health announced today it will present its inaugural Voice of Visibility Award to honor actress and activist Michaela Jaé Rodriguez (Pose, Loot) on Sunday, October 18, 10:30 a.m. at the 42nd annual AIDS Walk Los Angeles, a fundraising event celebrating life, honoring those who have been lost, and taking action against HIV. On-screen co-star and advocate Joel Kim Booster will present Rodriguez with the honor during the AIDS Walk kick-off ceremony in West Hollywood Park, which will also feature a live performance from David Archuleta. Registration is now open at aidswalkla.org.

“There is still a cruel distance between what medicine can do and who actually gets to benefit from it. We know access to testing, treatment, and consistent care saves lives, yet our most marginalized communities, especially Black and Brown trans women, continue to bear a disproportionate burden,” said Rodriguez. “Our lives cannot become negotiable when the political climate changes or when supporting us becomes inconvenient. If you stand with this community, that commitment has to remain when it is hardest. We are not disposable, and we deserve the same chance to live fully, love freely, dream boldly, and grow old.”

As the first and oldest AIDS walk in the country, APLA Health presents its Voice of Visibility Award to Rodriguez for her commitment to HIV/AIDS awareness and destigmatization, and her advocacy for the transgender community. Rodriguez lives this year’s APLA Health AIDS Walk theme, “Defend Care, Demand Action,” a message aimed squarely at closing the gap between what medicine can now do and who can actually get it.

“Michaela Jaé is a powerful voice for the community,” said Craig E. Thompson, CEO of APLA Health. “Voices like hers keep HIV and equity in the public conversation at a time when it would be easy to look away. HIV is no longer the death sentence it once was, but that progress depends on people being able to afford testing, treatment, and ongoing care.”

Rodriguez won a Golden Globe for Best Actress in a Drama Series for Pose, becoming the first openly transgender actress to win the award, and was the first trans woman nominated for a Primetime Emmy in a leading acting category, also for Pose. She was also honored with GLAAD’s Stephen F. Kolzak Award and named The Advocate’s Person of the Year for her work promoting LGBTQ+ acceptance and HIV/AIDS awareness.

This year’s sponsors of APLA Health’s AIDS Walk Los Angeles 2026 include Premier Sponsor Paul Hastings; Grand Sponsors ABC 7, Gilead, and Paramount; Principal Sponsors Anthem, City of West Hollywood, ViiV Healthcare, Latham & Watkins, and NuvemRx; Major Sponsors Albertsons and Starbucks; Supporting Sponsors City National Bank, Baldwin Hills Investors, Ltd., and The Abbey; and Event Sponsors Amgen, Decron, Lionsgate, Eddie’s Pharmacy, KPMG, Queer Industry Night, Enterprise Mobility, Jeni’s Ice Creams, Keck Medicine of USC, and Room & Board Home Furnishings.

For more information on APLA Health’s AIDS Walk Los Angeles and how to register, please visit https://aidswalkla.org/.

For photos from previous APLA Health’s AIDS Walk Los Angeles events, please click here.

KEEP UP WITH AIDS WALK LOS ANGELES
WEBSITE | INSTAGRAM | FACEBOOK 

About APLA Health
APLA Health (formerly AIDS Project Los Angeles) provides comprehensive healthcare and vital support services to more than 23,000 people each year. Since 1983, we have remained committed to ending the HIV epidemic in our lifetime. Through eight Federally Qualified Health Centers across Los Angeles County, we deliver primary care, dental, behavioral, sexual health, and HIV care, along with food and housing support. Our Vance North Necessities of Life Program distributes more than one million meals annually, making it the nation’s largest food pantry for people with HIV. APLA Health also advances sound health policy and raises critical support through AIDS Walk Los Angeles and the Best in Drag Show. Learn more at aplahealth.org.

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SOURCE APLA Health

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