2020s

Silicon Valley Bank failed on March 10, 2023, the second largest bank failure in US history with 209...

Signature Bank was closed by New York state regulators on March 12, 2023, two days after SVB. Signat...

First Republic Bank was seized by the FDIC on May 1, 2023, and sold to JPMorgan Chase. First Republi...

FTX, once the third largest cryptocurrency exchange, filed for bankruptcy on November 11, 2022. Foun...

Bed Bath and Beyond filed for Chapter 11 bankruptcy on April 23, 2023. The home goods retailer opera...

Yellow Corporation, one of the largest trucking companies in the US, filed for Chapter 11 bankruptcy...

Revlon filed for Chapter 11 bankruptcy on June 15, 2022. The cosmetics company had 3.5 billion in de...

Celsius Network, a cryptocurrency lending platform, filed for Chapter 11 bankruptcy on July 13, 2022...

Voyager Digital filed for bankruptcy on July 5, 2022, a week before Celsius. The crypto brokerage ha...

Three Arrows Capital, also known as 3AC, collapsed in June 2022. The hedge fund managed approximatel...

BlockFi filed for Chapter 11 bankruptcy on November 28, 2022, shortly after the FTX collapse. BlockF...

Wirecard filed for insolvency on June 25, 2020. The German payment processor had been valued at 24 b...

NMC Health collapsed in April 2020 after short seller Muddy Waters Capital questioned its financials...

Luckin Coffee was revealed to have fabricated 310 million in sales in April 2020. The Chinese coffee...

Estonia revoked cryptocurrency licenses from over 1,000 companies in 2020 after tightening Anti Mone...

Yes Bank, Indias fourth largest private bank, was rescued by the Reserve Bank of India in March 2020...

Lebanon defaulted on 1.2 billion in Eurobond payments in March 2020, its first sovereign default. Le...

Sri Lanka defaulted on its sovereign debt in April 2022. The country faced severe shortages of fuel,...

Zambia defaulted on its Eurobond debt in November 2020, the first African country to default during ...

Ghana defaulted on most of its external debt in December 2022. The default affected approximately 13...

Evergrande, Chinas largest property developer, defaulted on its offshore debt in December 2021. Ever...

Country Garden, once Chinas largest property developer by sales, defaulted on its offshore debt in O...

HNA Group, a Chinese conglomerate, was placed in bankruptcy administration by the Hainan government ...

Luckin Coffee emerged from its 2020 fraud scandal through a Chapter 15 bankruptcy proceeding in the ...

JCPenney filed for Chapter 11 bankruptcy on May 15, 2020. The department store chain had 12 billion ...

Neiman Marcus filed for Chapter 11 bankruptcy on May 7, 2020. The luxury department store had 5 bill...

Lord and Taylor, the oldest department store chain in the US, filed for bankruptcy in August 2020. F...

Century 21 Department Stores filed for bankruptcy on September 10, 2020. The discount retailer had 1...

GNC Holdings, the vitamin and supplement retailer, filed for Chapter 11 bankruptcy on June 23, 2020....

24 Hour Fitness filed for Chapter 11 bankruptcy on June 15, 2020. The gym chain had approximately 43...

Gold Gym International filed for Chapter 11 bankruptcy on May 4, 2020. Founded in 1965 in Venice Cal...

Hertz Global Holdings filed for Chapter 11 bankruptcy on May 22, 2020. The car rental company had 19...

Frontier Communications filed for Chapter 11 bankruptcy on April 14, 2020. The telecom company had 1...

Quibi, short for quick bites, launched in April 2020 and shut down in December 2020, one of the fast...

Brandless shut down in February 2020 after raising 295 million. The direct to consumer startup sold ...

Zume Pizza shut down in January 2020 after raising 445 million. The startup used robots to make pizz...

Better com, the digital mortgage lender, laid off 900 employees on a Zoom call in December 2021, one...

Fast, a one click checkout startup, shut down in April 2022 after burning through 120 million. The s...

Celsius Mining, the bitcoin mining subsidiary of Celsius Network, filed for bankruptcy alongside its...

Genesis Global Capital, the crypto lending arm of Digital Currency Group, filed for Chapter 11 bankr...

Voyager Digital settled with the FTC in 2023 for misleading customers about FDIC insurance. The sett...

The FTX bankruptcy estate recovered approximately 14 billion for creditors by 2024, a remarkable out...

Rite Aid filed for Chapter 11 bankruptcy on October 15, 2023. The pharmacy chain had 2,100 stores an...

Party City filed for Chapter 11 bankruptcy on January 17, 2023. The party supply retailer had 800 st...

Davids Bridal filed for Chapter 11 bankruptcy on April 26, 2023. It was the second bankruptcy for th...

SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy on M...

Synthetic Biologics reverse split its stock 1 for 20 in 2020 to avoid NASDAQ delisting. The biotech ...

Mallinckrodt PLC filed for Chapter 11 bankruptcy for the second time in August 2023. The specialty p...

Endo International filed for Chapter 11 bankruptcy in August 2022. The pharmaceutical company had 8 ...

Purdue Pharma, maker of OxyContin, filed for Chapter 11 bankruptcy in September 2019. Purdue had gen...

The Celsius bankruptcy estate created a novel restructuring plan that distributed cryptocurrency to ...

BlockFi settled with the SEC and state regulators for 100 million in February 2022, before its bankr...

Rent the Runway, the clothing rental service, went public in October 2021 at a 1.7 billion valuation...

Cazoo, the UK online used car retailer, collapsed in 2023 after burning through 2 billion. Founder A...

Northvolt, the Swedish battery manufacturer, faced severe financial difficulties in 2024. Northvolt ...

Faraday Future, the electric vehicle startup, has survived multiple near bankruptcy experiences. Fou...

Nikola Corporation went public via SPAC in June 2020. The stock reached 93 per share, giving Nikola ...

Lordstown Motors acquired the former GM assembly plant in Lordstown, Ohio in 2019. The company went ...

Proterra, an electric bus and battery manufacturer, filed for Chapter 11 bankruptcy on August 7, 202...

Electric Last Mile Solutions filed for bankruptcy in June 2022. The company had planned to import an...

Fisker Inc filed for Chapter 11 bankruptcy on June 18, 2024. Founder Henrik Fisker had previously fo...

Arrival, the UK electric van startup, collapsed in 2024. The company had been valued at 13 billion v...

Canoo, another EV SPAC, faced collapse in 2024. The company went public via SPAC in 2020 at a 2.4 bi...

Workhorse Group, an electric delivery van manufacturer, has teetered on the edge of bankruptcy for y...

Rivian Automotive burned over 6 billion in cash in 2022 alone. The company had raised approximately ...