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In early 2000, after increase in size of the business, it was determined that the insurance company's solvency was marginal, and a small asset price change could see the insurance company become insolvent. It did. Director Rodney Adler, CEO Ray Williams and others were sentenced to prison for fraudulent activity. Pacific Gas & Electric Company
The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were: taken over or merged with another financial institution; nationalised by a government or central bank; or; declared insolvent or liquidated.
The following private equity firm or hedge fund owned companies have filed for bankruptcy protection: A&P (grocery chain) [1] Brookstone [2] Envision Healthcare [3] Friendly's [1] GenesisCare [3] Instant Brands (maker of Instant Pot and Pyrex) [4] Kmart [5] Payless Shoe Source [2] RadioShack [2] Red Lobster [4] RJR Nabisco [6] Sears [2] Sports ...
The cosmetics giant had accrued more than $3 billion of long-term debt, curbing defaults by cutting deals with creditors. The company has more than 15 brands and markets its products in 150 countries.
Companies that have entered bankruptcy or other insolvency proceedings See also: Category:Defunct companies In some countries insolvent companies are often restructured and do not necessarily become defunct.
On the Flip Side: 100-Year-Old Companies Still in Business Today And instead of shopping at specialty stores, Target, Walmart and Amazon have become the go-to for buying just about everything.
Companies that have filed for bankruptcy in the United States (3 C, 7 P) Pages in category "Bankrupt companies of the United States" The following 11 pages are in this category, out of 11 total.
Lawyers have reported using celebrity examples to persuade their clients to file for bankruptcy. [7] Listed below are notable individuals who filed for personal bankruptcy or were subject to a similar form of insolvency management process. The list does not include business bankruptcies and bankruptcies that were not officially recognized.