USA
123 entries
Lehman Brothers
Lehman Brothers filed for Chapter 11 bankruptcy on September 15, 2008, the largest bankruptcy filing...
Enron
Enron filed for bankruptcy on December 2, 2001, with 63.4 billion in assets, then the largest bankru...
WorldCom
WorldCom filed for bankruptcy on July 21, 2002, with 107 billion in assets, surpassing Enron as the ...
General Motors
General Motors filed for Chapter 11 bankruptcy on June 1, 2009, with 82.3 billion in assets. GM was ...
Chrysler
Chrysler filed for Chapter 11 bankruptcy on April 30, 2009. The US government provided 8 billion in ...
Washington Mutual
Washington Mutual filed for bankruptcy on September 26, 2008, the largest bank failure in US history...
Silicon Valley Bank
Silicon Valley Bank failed on March 10, 2023, the second largest bank failure in US history with 209...
Signature Bank
Signature Bank was closed by New York state regulators on March 12, 2023, two days after SVB. Signat...
First Republic
First Republic Bank was seized by the FDIC on May 1, 2023, and sold to JPMorgan Chase. First Republi...
Bear Stearns
Bear Stearns collapsed in March 2008, six months before Lehman. Bear Stearns was the fifth largest i...
Bernie Madoff
Bernie Madoff operated the largest Ponzi scheme in history, estimated at 65 billion in paper wealth....
FTX
FTX, once the third largest cryptocurrency exchange, filed for bankruptcy on November 11, 2022. Foun...
Theranos
Theranos was valued at 9 billion before collapsing when it was revealed that its blood testing techn...
Kodak
Eastman Kodak filed for Chapter 11 bankruptcy on January 19, 2012. Kodak had once dominated the phot...
Sears
Sears Holdings, once the largest retailer in the world, filed for Chapter 11 bankruptcy on October 1...
Toys R Us
Toys R Us filed for Chapter 11 bankruptcy on September 19, 2017, with 6.6 billion in debt. The compa...
Bed Bath Beyond
Bed Bath and Beyond filed for Chapter 11 bankruptcy on April 23, 2023. The home goods retailer opera...
Blockbuster
Blockbuster filed for bankruptcy on September 23, 2010, with 1 billion in debt. Blockbuster had 9,00...
Polaroid
Polaroid filed for Chapter 11 bankruptcy in October 2001. The instant photography pioneer had 13.4 b...
Borders
Borders Group filed for Chapter 11 bankruptcy on February 16, 2011. Borders operated 642 superstores...
Circuit City
Circuit City filed for Chapter 11 bankruptcy on November 10, 2008, with 3.8 billion in debt. Circuit...
Detroit
The City of Detroit filed for Chapter 9 bankruptcy on July 18, 2013, the largest municipal bankruptc...
Puerto Rico
Puerto Rico filed for bankruptcy in May 2017 under PROMESA, a 2016 federal law that created a restru...
Orange County
Orange County, California filed for Chapter 9 bankruptcy on December 6, 1994, the largest municipal ...
Jefferson County
Jefferson County, Alabama filed for Chapter 9 bankruptcy on November 9, 2011, with 4.2 billion in de...
Continental Illinois
Continental Illinois National Bank failed in 1984 in what was then the largest bank failure in US hi...
Penn Square
Penn Square Bank of Oklahoma City failed on July 5, 1982. The bank had 470 million in assets. Penn S...
Savings Loan Crisis
The Savings and Loan Crisis of the 1980s and early 1990s resulted in the failure of over 1,000 savin...
Long Term Capital Management
Long Term Capital Management was a hedge fund founded in 1994 by John Meriwether, formerly of Salomo...
WeWork
WeWork withdrew its IPO in September 2019 after investors questioned its business model and corporat...
Yellow Corp
Yellow Corporation, one of the largest trucking companies in the US, filed for Chapter 11 bankruptcy...
Revlon
Revlon filed for Chapter 11 bankruptcy on June 15, 2022. The cosmetics company had 3.5 billion in de...
Celsius Network
Celsius Network, a cryptocurrency lending platform, filed for Chapter 11 bankruptcy on July 13, 2022...
Voyager Digital
Voyager Digital filed for bankruptcy on July 5, 2022, a week before Celsius. The crypto brokerage ha...
BlockFi
BlockFi filed for Chapter 11 bankruptcy on November 28, 2022, shortly after the FTX collapse. BlockF...
PG&E
Pacific Gas and Electric filed for Chapter 11 bankruptcy on January 29, 2019, facing approximately 3...
Texaco
Texaco filed for Chapter 11 bankruptcy on April 12, 1987, to avoid posting a bond while appealing a ...
Manville
Johns-Manville filed for Chapter 11 bankruptcy on August 26, 1982. Manville was the largest manufact...
Drexel Burnham
Drexel Burnham Lambert filed for bankruptcy on February 13, 1990. Drexel was the fifth largest inves...
Refco
Refco, one of the largest commodities brokers in the US, filed for bankruptcy on October 17, 2005, j...
AIG
AIG received a 182 billion government bailout in September 2008. The insurance giant had sold credit...
Citigroup Bailout
Citigroup received 45 billion in TARP capital injections plus a government guarantee on 306 billion ...
Bank of America Merrill
Bank of America acquired Merrill Lynch on January 1, 2009 for approximately 50 billion. The deal was...
Countrywide
Countrywide Financial, the largest mortgage lender in the US, was acquired by Bank of America in Jan...
IndyMac
IndyMac Bank failed on July 11, 2008, the fourth largest bank failure in US history at the time. Ind...
Wachovia
Wachovia was acquired by Wells Fargo in October 2008 for 15 billion in stock, avoiding collapse. Wac...
Merrill Lynch Standalone
Merrill Lynch was acquired by Bank of America in September 2008 before it could fail. Merrill had lo...
MF Global
MF Global filed for bankruptcy on October 31, 2011. The brokerage was led by Jon Corzine, former CEO...
Peregrine Financial
Peregrine Financial Group, also known as PFG Best, filed for bankruptcy on July 10, 2012. CEO Russel...
Refco Hidden Debts
Refco concealed its true financial condition through a complex scheme involving a related party. CEO...
Adelphia
Adelphia Communications filed for bankruptcy on June 25, 2002. The company was the fifth largest cab...
Tyco
Tyco International CEO Dennis Kozlowski was indicted in June 2002 for stealing 600 million from the ...
Global Crossing
Global Crossing filed for bankruptcy on January 28, 2002, the fourth largest bankruptcy in US histor...
US Airways
US Airways filed for Chapter 11 bankruptcy on August 11, 2002. The airline had been hit by the Septe...
Delta Airlines
Delta Airlines filed for Chapter 11 bankruptcy on September 14, 2005. Delta was hit by high fuel cos...
United Airlines
United Airlines filed for Chapter 11 bankruptcy on December 9, 2002, the largest airline bankruptcy ...
American Airlines
American Airlines filed for Chapter 11 bankruptcy on November 29, 2011. American was the last major ...
Southwest Fuel Hedge
Southwest Airlines was one of the few major US airlines that did not file for bankruptcy in the 2000...
JCPenney
JCPenney filed for Chapter 11 bankruptcy on May 15, 2020. The department store chain had 12 billion ...
Neiman Marcus
Neiman Marcus filed for Chapter 11 bankruptcy on May 7, 2020. The luxury department store had 5 bill...
Lord Taylor
Lord and Taylor, the oldest department store chain in the US, filed for bankruptcy in August 2020. F...
Century 21
Century 21 Department Stores filed for bankruptcy on September 10, 2020. The discount retailer had 1...
GNC
GNC Holdings, the vitamin and supplement retailer, filed for Chapter 11 bankruptcy on June 23, 2020....
24 Hour Fitness
24 Hour Fitness filed for Chapter 11 bankruptcy on June 15, 2020. The gym chain had approximately 43...
Gold Gym
Gold Gym International filed for Chapter 11 bankruptcy on May 4, 2020. Founded in 1965 in Venice Cal...
Hertz
Hertz Global Holdings filed for Chapter 11 bankruptcy on May 22, 2020. The car rental company had 19...
Whitewater Whitewater
Whitewater was a failed real estate investment involving Bill and Hillary Clinton. The Clintons part...
Energy Future Holdings
Energy Future Holdings, formerly TXU, filed for Chapter 11 bankruptcy on April 29, 2014. EFH had 40 ...
Caesars Entertainment
Caesars Entertainment, formerly Harrahs Entertainment, filed for Chapter 11 bankruptcy on January 15...
Windstream
Windstream Holdings filed for Chapter 11 bankruptcy on February 25, 2019. The telecommunications com...
Frontier Communications
Frontier Communications filed for Chapter 11 bankruptcy on April 14, 2020. The telecom company had 1...
Westinghouse Electric
Westinghouse Electric Company filed for Chapter 11 bankruptcy on March 29, 2017. The nuclear power c...
Energy Trading Enron
Enrons energy trading operation was the most profitable part of the company before the fraud was dis...
Mervyns
Mervyns was a mid range department store chain that filed for Chapter 11 bankruptcy on July 29, 2008...
Sharper Image
The Sharper Image filed for Chapter 11 bankruptcy on February 19, 2008. The gadget and novelty retai...
Linens N Things
Linens N Things filed for Chapter 11 bankruptcy on May 2, 2008. The home goods retailer had 589 stor...
Columbia House
Columbia House, the mail order music and movie club, filed for Chapter 11 bankruptcy on August 10, 2...
PacSun
Pacific Sunwear, known as PacSun, filed for Chapter 11 bankruptcy on April 7, 2016. The teen apparel...
Motorola Mobility
Motorola Mobility was acquired by Google in May 2012 for 12.5 billion. Google wanted Motorolas paten...
Yahoo
Yahoo was acquired by Verizon in June 2017 for 4.48 billion, a fraction of its peak value of 125 bil...
SunEdison
SunEdison Inc filed for Chapter 11 bankruptcy on April 21, 2016. The renewable energy company had be...
Patriot Coal
Patriot Coal filed for Chapter 11 bankruptcy on July 9, 2012. Patriot had been spun off from Peabody...
Peabody Energy
Peabody Energy, the largest private sector coal company in the world, filed for Chapter 11 bankruptc...
Murray Energy
Murray Energy, the largest privately owned coal company in the US, filed for Chapter 11 bankruptcy o...
Antrex
Bristol Myers Squibb wrote off 2 billion on the antidepressant Vanlafaxine after generic competition...
Solyndra
Solyndra filed for bankruptcy on September 6, 2011. The solar panel manufacturer had received a 535 ...
FFunction Inc
Fab.com burned through 336 million in venture capital before pivoting and selling for parts. The fla...
Quibi
Quibi, short for quick bites, launched in April 2020 and shut down in December 2020, one of the fast...
MoviePass
MoviePass filed for bankruptcy on January 28, 2020. The subscription movie ticket service had offere...
Brandless
Brandless shut down in February 2020 after raising 295 million. The direct to consumer startup sold ...
Zume Pizza
Zume Pizza shut down in January 2020 after raising 445 million. The startup used robots to make pizz...
Wag
Wag, the dog walking startup, was rescued by SoftBank Vision Fund with a 300 million investment in 2...
Better com
Better com, the digital mortgage lender, laid off 900 employees on a Zoom call in December 2021, one...
Fast
Fast, a one click checkout startup, shut down in April 2022 after burning through 120 million. The s...
Celsius Mining
Celsius Mining, the bitcoin mining subsidiary of Celsius Network, filed for bankruptcy alongside its...
Genesis Trading
Genesis Global Capital, the crypto lending arm of Digital Currency Group, filed for Chapter 11 bankr...
Voyager Settlement
Voyager Digital settled with the FTC in 2023 for misleading customers about FDIC insurance. The sett...
FTX Recovery
The FTX bankruptcy estate recovered approximately 14 billion for creditors by 2024, a remarkable out...
Rite Aid
Rite Aid filed for Chapter 11 bankruptcy on October 15, 2023. The pharmacy chain had 2,100 stores an...
Party City
Party City filed for Chapter 11 bankruptcy on January 17, 2023. The party supply retailer had 800 st...
David Bridal
Davids Bridal filed for Chapter 11 bankruptcy on April 26, 2023. It was the second bankruptcy for th...
SVB Financial
SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy on M...
Synthetic Biologics
Synthetic Biologics reverse split its stock 1 for 20 in 2020 to avoid NASDAQ delisting. The biotech ...
Mallinckrodt
Mallinckrodt PLC filed for Chapter 11 bankruptcy for the second time in August 2023. The specialty p...
Endo International
Endo International filed for Chapter 11 bankruptcy in August 2022. The pharmaceutical company had 8 ...
Purdue Pharma
Purdue Pharma, maker of OxyContin, filed for Chapter 11 bankruptcy in September 2019. Purdue had gen...
Insys Therapeutics
Insys Therapeutics filed for bankruptcy on June 24, 2019, shortly after founder John Kapoor was conv...
Theranos Investors Losses
Theranos investors lost over 700 million. Rupert Murdoch lost 125 million. The Walton family lost 15...
Malden Mills
Malden Mills, manufacturer of Polartec fleece, filed for Chapter 11 bankruptcy in November 2001. CEO...
Drexel Legacy
The collapse of Drexel Burnham Lambert had lasting effects on Wall Street. Michael Milken inspired a...
Bausch Strauss
Various pharmaceutical companies have filed for bankruptcy due to product liability. Johnson and Joh...
Celsius Recovery
The Celsius bankruptcy estate created a novel restructuring plan that distributed cryptocurrency to ...
BlockFi Settlement
BlockFi settled with the SEC and state regulators for 100 million in February 2022, before its bankr...
Rent the Runway
Rent the Runway, the clothing rental service, went public in October 2021 at a 1.7 billion valuation...
Faraday Future
Faraday Future, the electric vehicle startup, has survived multiple near bankruptcy experiences. Fou...
Nikola
Nikola Corporation went public via SPAC in June 2020. The stock reached 93 per share, giving Nikola ...
Lordstown Motors
Lordstown Motors acquired the former GM assembly plant in Lordstown, Ohio in 2019. The company went ...
Proterra
Proterra, an electric bus and battery manufacturer, filed for Chapter 11 bankruptcy on August 7, 202...
Electric Last Mile
Electric Last Mile Solutions filed for bankruptcy in June 2022. The company had planned to import an...
Fisker
Fisker Inc filed for Chapter 11 bankruptcy on June 18, 2024. Founder Henrik Fisker had previously fo...
Canoo
Canoo, another EV SPAC, faced collapse in 2024. The company went public via SPAC in 2020 at a 2.4 bi...
Workhorse
Workhorse Group, an electric delivery van manufacturer, has teetered on the edge of bankruptcy for y...
Rivian Cash Burn
Rivian Automotive burned over 6 billion in cash in 2022 alone. The company had raised approximately ...