Corporate Bankruptcy

Lehman Brothers filed for Chapter 11 bankruptcy on September 15, 2008, the largest bankruptcy filing...

Enron filed for bankruptcy on December 2, 2001, with 63.4 billion in assets, then the largest bankru...

WorldCom filed for bankruptcy on July 21, 2002, with 107 billion in assets, surpassing Enron as the ...

General Motors filed for Chapter 11 bankruptcy on June 1, 2009, with 82.3 billion in assets. GM was ...

Chrysler filed for Chapter 11 bankruptcy on April 30, 2009. The US government provided 8 billion in ...

Washington Mutual filed for bankruptcy on September 26, 2008, the largest bank failure in US history...

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...

Bear Stearns collapsed in March 2008, six months before Lehman. Bear Stearns was the fifth largest i...

Northern Rock was nationalized by the UK government in February 2008 after the first bank run in Bri...

Barings Bank, the oldest merchant bank in London, collapsed in February 1995 after trader Nick Leeso...

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

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

Eastman Kodak filed for Chapter 11 bankruptcy on January 19, 2012. Kodak had once dominated the phot...

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...

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

Blockbuster filed for bankruptcy on September 23, 2010, with 1 billion in debt. Blockbuster had 9,00...

Polaroid filed for Chapter 11 bankruptcy in October 2001. The instant photography pioneer had 13.4 b...

Borders Group filed for Chapter 11 bankruptcy on February 16, 2011. Borders operated 642 superstores...

Circuit City filed for Chapter 11 bankruptcy on November 10, 2008, with 3.8 billion in debt. Circuit...

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...

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

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

Texaco filed for Chapter 11 bankruptcy on April 12, 1987, to avoid posting a bond while appealing a ...

Johns-Manville filed for Chapter 11 bankruptcy on August 26, 1982. Manville was the largest manufact...

Drexel Burnham Lambert filed for bankruptcy on February 13, 1990. Drexel was the fifth largest inves...

Refco, one of the largest commodities brokers in the US, filed for bankruptcy on October 17, 2005, j...

WorldSpreads, a spread betting company, collapsed in March 2012. The company had 29.7 million in cli...

HIH Insurance collapsed in March 2001 in what was then the largest corporate failure in Australian h...

Nortel Networks filed for bankruptcy protection on January 14, 2009. At its peak in 2000, Nortel was...

Air Canada filed for bankruptcy protection on April 1, 2003. The airline was hit by SARS, the Iraq w...

Swissair collapsed on October 2, 2001, in what became known as the grounding. The entire Swissair fl...

Ansett Australia collapsed in September 2001. Ansett was one of the oldest airlines in the world, fo...

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...

Comet, the second largest electronics retailer in the UK, collapsed in November 2012. OpCapita, a pr...

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...

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

MF Global filed for bankruptcy on October 31, 2011. The brokerage was led by Jon Corzine, former CEO...

Peregrine Financial Group, also known as PFG Best, filed for bankruptcy on July 10, 2012. CEO Russel...

Refco concealed its true financial condition through a complex scheme involving a related party. CEO...

Adelphia Communications filed for bankruptcy on June 25, 2002. The company was the fifth largest cab...

Tyco International CEO Dennis Kozlowski was indicted in June 2002 for stealing 600 million from the ...

Global Crossing filed for bankruptcy on January 28, 2002, the fourth largest bankruptcy in US histor...

US Airways filed for Chapter 11 bankruptcy on August 11, 2002. The airline had been hit by the Septe...

Delta Airlines filed for Chapter 11 bankruptcy on September 14, 2005. Delta was hit by high fuel cos...

United Airlines filed for Chapter 11 bankruptcy on December 9, 2002, the largest airline bankruptcy ...

American Airlines filed for Chapter 11 bankruptcy on November 29, 2011. American was the last major ...

Alitalia, the Italian flag carrier, filed for bankruptcy in May 2008. Alitalia had lost money for ye...

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...

Mt Gox was a bitcoin exchange based in Tokyo. At its peak, Mt Gox handled approximately 70 percent o...

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...

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...

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 ...

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

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...

Energy Future Holdings, formerly TXU, filed for Chapter 11 bankruptcy on April 29, 2014. EFH had 40 ...

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

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

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...

Enrons energy trading operation was the most profitable part of the company before the fraud was dis...

Mervyns was a mid range department store chain that filed for Chapter 11 bankruptcy on July 29, 2008...

The Sharper Image filed for Chapter 11 bankruptcy on February 19, 2008. The gadget and novelty retai...

Linens N Things filed for Chapter 11 bankruptcy on May 2, 2008. The home goods retailer had 589 stor...

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...

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...

Patriot Coal filed for Chapter 11 bankruptcy on July 9, 2012. Patriot had been spun off from Peabody...

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...

Bristol Myers Squibb wrote off 2 billion on the antidepressant Vanlafaxine after generic competition...

Solyndra filed for bankruptcy on September 6, 2011. The solar panel manufacturer had received a 535 ...

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

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

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

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...

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

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...

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...

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...

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

Malden Mills, manufacturer of Polartec fleece, filed for Chapter 11 bankruptcy in November 2001. CEO...

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...

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 ...

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...