Sources: Reuters
Birmingham City Council, the largest local authority in Europe, declares itself bankrupt. The council says all spending, with the exception of protecting vulnerable people and statutory services, will stop immediately. 2023-09-5
A U.S. federal control board files a new plan for restructuring $10 billion in debt owned by Puerto Rico’s power company in an attempt to end bankruptcy negotiations. 2023-08-25
Whiting Petroleum Corporation declares bankruptcy. Whiting was once the largest oil producer in the Bakken shale region. 2020-04-1
German airline Germania declares bankruptcy and ceases operations, cancelling all flights immediately. 2019-02-4
Toys "R" Us files for Chapter 11 bankruptcy protection in the United States, and also files for bankruptcy in Canada, as it attempts to restructure its debts. 2017-09-18
A collection of environmental groups including the Sierra Club file a brief opposing the Arch Coal plan to exit from bankruptcy. 2016-06-2
Eastman Kodak Co. announces that it will no longer make digital cameras, pocket video cameras and digital picture frames in an effort to save money during bankruptcy. 2012-02-9
A bankruptcy court judge ruled that the trustee liquidating MF Global, James Giddens, and his law firm, Hughes Hubbard & Reed, are sufficiently "disinterested" in the disposition of assets for Giddens to continue his work in that capacity. 2011-12-27
U.S. bankruptcy court judge Mary Walrath rejects a reorganization plan submitted by Washington Mutual, holding that the Debtors erred by planning to pay senior debtholders a contract rate of interest rather than the federal judgment rate. 2011-09-13
Borders, the second largest bookstore chain in the United States, files for bankruptcy with plans to sell at least 200 stores. 2011-02-16