This week in bankruptcies: Galileo Learning LLC, Mavatar Technologies Inc. and 5 more.

This week in bankruptcies: Galileo Learning LLC, Mavatar Technologies Inc. and 5 more.

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San Francisco area bankruptcy courts recorded seven business filings - including four with total debts above $1 million - during the week that ended May 15, 2020. Year to date through May 15, 2020, the court recorded 42 Chapter 7 or Chapter 11 business bankruptcy filings, an 8 percent increase from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to…

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