2015-2020

Theranos was valued at 9 billion before collapsing when it was revealed that its blood testing techn...

Sears Holdings, once the largest retailer in the world, filed for Chapter 11 bankruptcy on October 1...

Toys R Us filed for Chapter 11 bankruptcy on September 19, 2017, with 6.6 billion in debt. The compa...

Puerto Rico filed for bankruptcy in May 2017 under PROMESA, a 2016 federal law that created a restru...

WeWork withdrew its IPO in September 2019 after investors questioned its business model and corporat...

Pacific Gas and Electric filed for Chapter 11 bankruptcy on January 29, 2019, facing approximately 3...

HLB Kidsons, the liquidator of New Zealand dealership City Motor Group, recovered approximately 10 m...

Carillion plc entered liquidation on January 15, 2018. Carillion was the second largest construction...

Thomas Cook, the oldest travel brand in the world, collapsed on September 23, 2019. Founded in 1841,...

Monarch Airlines collapsed on October 2, 2017. Monarch was the fifth largest airline in the UK with ...

British Home Stores, founded in 1928, collapsed in April 2016. Billionaire Sir Philip Green had sold...

Steinhoff International, a South African furniture retailer, disclosed accounting irregularities in ...

Greece defaulted on a 1.6 billion IMF payment on June 30, 2015, becoming the first developed country...

Avianca Brazil, formerly Oceanair, filed for bankruptcy in December 2018. The airline was controlled...

Flybe, the largest regional airline in Europe, collapsed on March 5, 2020. The airline operated 38 p...

Quadriga CX, Canadas largest cryptocurrency exchange, collapsed in January 2019 after CEO Gerald Cot...

Cryptopia, a New Zealand based cryptocurrency exchange, was hacked in January 2019. Approximately 16...

Bitfinex, a major cryptocurrency exchange, was hacked in August 2016. Approximately 120,000 bitcoins...

Axis Bank, one of Indias largest private banks, faced a major fraud investigation in 2018. Employees...

Punjab National Bank, Indias second largest public sector bank, disclosed a 1.8 billion fraud in Feb...

Infrastructure Leasing and Financial Services, a major Indian infrastructure financing company, defa...

Dewan Housing Finance Corporation defaulted on its debt in 2019. DHFL was one of the largest housing...

Venezuela defaulted on its sovereign debt in November 2017. The country had 60 billion in outstandin...

Anbang Insurance was seized by the Chinese government in February 2018. Founder Wu Xiaohui was sente...

Windstream Holdings filed for Chapter 11 bankruptcy on February 25, 2019. The telecommunications com...

Westinghouse Electric Company filed for Chapter 11 bankruptcy on March 29, 2017. The nuclear power c...

Takata Corporation filed for bankruptcy in June 2017. The Japanese auto parts manufacturer had produ...

Columbia House, the mail order music and movie club, filed for Chapter 11 bankruptcy on August 10, 2...

Pacific Sunwear, known as PacSun, filed for Chapter 11 bankruptcy on April 7, 2016. The teen apparel...

BlackBerry wrote off 934 million in unsold inventory in September 2013. The company had once dominat...

Yahoo was acquired by Verizon in June 2017 for 4.48 billion, a fraction of its peak value of 125 bil...

SunEdison Inc filed for Chapter 11 bankruptcy on April 21, 2016. The renewable energy company had be...

Abengoa SA entered bankruptcy proceedings in November 2015. The Spanish renewable energy company had...

Peabody Energy, the largest private sector coal company in the world, filed for Chapter 11 bankruptc...

Murray Energy, the largest privately owned coal company in the US, filed for Chapter 11 bankruptcy o...

Fab.com burned through 336 million in venture capital before pivoting and selling for parts. The fla...

MoviePass filed for bankruptcy on January 28, 2020. The subscription movie ticket service had offere...

Wag, the dog walking startup, was rescued by SoftBank Vision Fund with a 300 million investment in 2...

Insys Therapeutics filed for bankruptcy on June 24, 2019, shortly after founder John Kapoor was conv...

Theranos investors lost over 700 million. Rupert Murdoch lost 125 million. The Walton family lost 15...

Various small European fintech companies have failed despite high valuations. The pattern is similar...

Various pharmaceutical companies have filed for bankruptcy due to product liability. Johnson and Joh...