Supply chain issues continued to be blamed for pushing a number of U.S. companies to file for bankruptcy in 2023 as the rush by corporations looking to courts to provide relief from mounting debts worsened. While the stretch of clogged ports, long backorders and scant raw materials supply that marked 2021 and 2022 has largely passed, troubled debtors last year laid much of the blame for their financial woes on snags in their supply chains. Problems included the inability to acquire essential components and materials, oversupplied inventories and labor shortages.
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