The American clothing retailer Forever 21 files for Chapter 11 bankruptcy and announces it will close up to 178 stores.
American conspiracy theorist website "InfoWars" files for Chapter 11 bankruptcy due to mounting legal fees from lawsuits over its spread of conspiracy theories about the Sandy Hook Elementary School shooting.
Following negotiations with creditors, Chesapeake Energy applies for Chapter 11 bankruptcy in the United States. It will seek to restructure its debts in order to continue operations. The company is experiencing cash flow and liquidity issues due to low energy prices and large amounts of debt.
Colombian airline carrier Avianca files for Chapter 11 bankruptcy protection and liquidates its Peruvian subsidiary as a result of the COVID-19 pandemic.
The assets of American fast fashion chain Forever 21 are purchased out of bankruptcy by real estate companies Simon Property Group and Brookfield Property Partners, and brand management firm Authentic Brands Group.
American retailer Payless ShoeSource files Chapter 11 bankruptcy with plans to close all of their U.S. stores.
Pacific Gas and Electric Company files for Chapter 11 bankruptcy for its recent roles in the California wildfires.
U.S. firearms and ammunition manufacturer Remington Arms files for chapter 11 bankruptcy protection after amassing US$950 million worth of debt.
After struggling with debt from a leveraged buyout, Claire's files for chapter 11 bankruptcy in the United States. The company has issued a statement that it expects its stores to remain operational while it restructures its debt.
RadioShack files for chapter 11 protection from creditors for the second time in two years.
American women's clothing retailer Coldwater Creek files for chapter 11 bankruptcy.