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Mid-Atlantic states, Bankruptcy Timeline Monday, April 9 Bookmark and Share     Author
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Lehman Bros files for bankruptcy
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   New York (8)
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New York Bankruptcy (8)   Detroit Bankruptcy (6)   Lehman (8)
  GM enters bankruptcy protection
CIT Group files for US bankruptcy

year 2009 Top ^

  New York: The lender has filed for bankruptcy protection, after a debt-exchange offer to bondholders failed. The reorganisation plan will reduce debt by $10bn
  New York: Car giant General Motors has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history
 General Motors had seen its losses widen following a steep fall in sales in recent years. US government expected to take a 60% stake in the company

year 2008 Top ^

  New York: The 4th-largest investment bank in the US will file for bankruptcy protection, amid a growing global financial crisis
 The move dealed a further blow to the global financial system. It was a primary dealer in the U.S. Treasury securities market. The filing marked the largest bankruptcy in U.S. history

year 2003 Top ^

Aug.3 Tyson files for bankruptcy
  New York: Former world heavyweight champion has filed for protection, claiming his finances are in disarray Apr.16 American Airlines staff back survival plan  New York: Flight attendants of the beleaguered airline have voted in favour of accepting a pay cut to help it stave off bankruptcy

year 2002 Top ^

Dec.9 United flies into bankruptcy
  New York: United Airlines filed for the largest bankruptcy in airline history, succumbing to continued losses and debt payments
Jul.21 WorldCom files largest bankruptcy ever
  New York: Nation's No. 2 long-distance company in Chapter 11, largest with $107 billion in assets, after it improperly booked $3.9 billion
Feb.3   Enron executives 'pocketed millions'
  New York: Special committee investigating the sudden collapse prepared 217-page report

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