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New York, Bankruptcy Timeline Monday, April 9 Bookmark and Share     Author
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Lehman Bros files for bankruptcy
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2009 (2) 2008 (1) 2003 (2) 2002 (3)
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Detroit Bankruptcy (6)   USA Bankruptcy (33)   Lehman (8)
  GM enters bankruptcy protection
CIT Group files for US bankruptcy


year 2009 Top ^

Nov.1
  The lender has filed for bankruptcy protection, after a debt-exchange offer to bondholders failed. The reorganisation plan will reduce debt by $10bn
Jun.1
  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 ^

Sep.14
  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
  Former world heavyweight champion has filed for protection, claiming his finances are in disarray Apr.16 American Airlines staff back survival plan  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
  United Airlines filed for the largest bankruptcy in airline history, succumbing to continued losses and debt payments
Jul.21 WorldCom files largest bankruptcy ever
  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'
  Special committee investigating the sudden collapse prepared 217-page report


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