You might think that the wave of bankruptcies impacting pandemic-stricken America are an unreservedly bad thing. That the dire straits or worse in which many iconic companies—J. Crew, Gold’s Gym, Neiman Marcus, J.C. Penney, Hertz, GNC, Chuck E. Cheese, Brooks Brothers, Ann Taylor and Lane Bryant, California Pizza Kitchen, Lord & Taylor, Men’s Wearhouse—have no silver lining amidst the lost jobs and general immiseration. CFOs of such companies—in particular, you might expect—would not see much to celebrate in the legal acknowledgment that their employers can no longer, you know, finance their continued existences.