Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • US debt crisis: Joe Biden gets the deal done but at a cost
    • White House reaches deal with Republicans to avert US debt default
    • ‘War over water’: drought battle reaches luxury pools of southern France
    • Saudi Arabia in talks to join China-based ‘Brics bank’
    • Saudi crown prince turns to ‘state capitalism’ after change in the guard
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Sky to cut hundreds of jobs in shift from satellite TV
      • UK mid-market dining chains fight for survival after Covid and cost of living woes
      • Beverly Hills voters reject LVMH luxury hotel on Rodeo Drive
      • Canada’s big banks log 13-fold rise in loan loss provisions
      • EY US reshuffles leadership following failure of spin-off plan
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Weddings and divorce: the scourge of investment returns
      • Investors expect higher interest rates as inflation pressures mount
      • Is COP28 destined to be a flop?
      • AI boom drives gains for chip stocks
      • India’s biggest alternative asset manager bets on private credit
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Buffett’s intriguing bet on Japan
      • Weddings and divorce: the scourge of investment returns
      • A stylist, yes, but Martin Amis was also right on the money
      • What we get wrong about ageing and work
      • Letter from the editor on generative AI and the FT
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Wellcome Leap’s Regina Dugan: ‘Odds are irrelevant, if what you’re trying to do is important’
      • Germany’s tangled relationship with Russia
      • Economist Daniel Chandler: ‘Shareholders have all the power. It doesn’t have to be that way.’
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • GCHQ’s Jeremy Fleming: ‘Xi doesn’t want to see Putin humiliated’
      • The UK’s best bakeries: the readers’ picks
      • Yes, Suella Braverman should go, but not for the reason you think
      • From Bowie to Jagger, the photos that created legends
      • We need to talk about picnics
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Bankruptcy

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Friday, 26 May, 2023
      US credit squeeze triggers rise in corporate bankruptcies

      Chapter 11 filings by indebted companies jump in May, including five during a 24-hour span

    • Tuesday, 16 May, 2023
      LexCapital markets
      US bankruptcies: easy capital is a drug that induces myopia Premium content

      In the case of Vice and Envision, running out of cash and bad business models were no bar to raising more money

    • Monday, 15 May, 2023
      Vice Media Inc
      Vice Media files for bankruptcy protection ahead of sale

      Struggling group agrees to sell to consortium that includes Soros Fund Management and Fortress

    • Thursday, 4 May, 2023
      News in-depthBed Bath & Beyond Inc
      How a rescue turned to regret in Bed Bath & Beyond’s bankruptcy

      Tensions with Sixth Street Partners reveal the knife-edge nature of distressed-debt investing in a weaker economy

    • Tuesday, 2 May, 2023
      Airlines
      Indian airline Go First files for bankruptcy blaming US engine maker

      Low-cost carrier claims Pratt & Whitney’s failing engines led to grounding of half its fleet

    • Wednesday, 26 April, 2023
      News in-depth
      ‘Tyranny of the majority’: creditor infighting comes to $1.4tn leveraged loan market

      Serta Simmons bankruptcy ruling has opened the door to aggressive new tactics

    • Sunday, 23 April, 2023
      Bed Bath & Beyond Inc
      Bed Bath & Beyond files for Chapter 11 bankruptcy

      Once popular US home goods retailer failed to keep up with the rise of online shopping

    • Thursday, 13 April, 2023
      UK consumer credit
      UK lenders report rise in household and company defaults

      Bank of England’s quarterly survey points to squeeze on borrowers caused by increase in interest rates

    • Wednesday, 5 April, 2023
      LexJohnson & Johnson Co Inc
      Johnson & Johnson: talc settlement shows virtues of Chapter 11 process Premium content

      US bankruptcy may be a tolerable, if imperfect, forum for resolving these cases

    • Tuesday, 4 April, 2023
      Johnson & Johnson Co Inc
      Johnson & Johnson proposes $8.9bn talc settlement

      Healthcare company tries to put thousands of lawsuits behind it with latest offer to plaintiffs

    • Monday, 3 April, 2023
      Revlon Inc
      Revlon to leave bankruptcy without longtime owner Ron Perelman

      Judge approves plan to end cosmetics group’s three-year fight with creditors over errant $900mn payment by Citigroup

    • Monday, 3 April, 2023
      Cineworld Group PLC
      Cineworld announces debt restructuring plan

      Chief Mooky Greidinger says agreement is ‘vote of confidence’ in cinema chain

    • Friday, 31 March, 2023
      Cineworld Group PLC
      Cineworld lenders prepare to oust CEO in management shake-up

      Chain entered Chapter 11 bankruptcy last year and is currently run by grandson of founder

    • Tuesday, 28 March, 2023
      Private credit
      Big debt investors dealt blow in mattress maker bankruptcy ruling

      Serta Simmons court decision is milestone in ‘creditor-on-creditor violence’ litigation

    • Wednesday, 22 March, 2023
      SVB Financial Group
      SVB Financial clashes with FDIC over fate of $2bn in bankruptcy hearing

      Creditors believe cash under banking regulator’s control could be used to repay them

    • Friday, 17 March, 2023
      SVB Financial Group
      SVB parent files for bankruptcy after bank collapse

      Company to use court-supervised process to salvage value from surviving units

    • Saturday, 11 March, 2023
      On Wall StreetMark Vandevelde
      Highland court saga tests fact vs fiction

      Dallas judge’s novel that features a financier is raised in court battle

    • Tuesday, 28 February, 2023
      Who drives the restructuring bus?

      Hint: Not the lenders

    • Friday, 17 February, 2023
      Coronavirus economic impact
      EU bankruptcy filings jump to 8-year high as pandemic aid ends

      Struggling ‘zombie’ companies kept afloat by government support are folding as costs rise

    • Friday, 17 February, 2023
      Special ReportUK’s Leading Management Consultants
      Restructuring experts gear up as inflation drives insolvencies

      Rising costs and interest rates are fuelling UK company defaults and demand for advice

    • Wednesday, 15 February, 2023
      News in-depthCapital markets
      $50bn credit fund caught on both sides of distressed debt dispute

      Angelo Gordon’s positions differ in contested Revlon and Serta Simmons bankruptcies

    • Monday, 13 February, 2023
      UK business & economy
      UK pub closures in 2022 near to highest level in a decade

      More than 500 businesses fold as sector struggles with rising costs and falling demand

    • Tuesday, 7 February, 2023
      FT News Briefing podcast9 min listen
      The jig is up for the Texas two-step

      UK to design ‘digital pound’ that could fend off a future private tech rival

    • Monday, 6 February, 2023
      News in-depth
      Talc ruling a blow to J&J and the ‘Texas two-step’ bankruptcy jig

      Ruling by US court will make companies think twice about using Chapter 11 schemes to handle lawsuits

    • Monday, 30 January, 2023
      Johnson & Johnson Co Inc
      J&J blocked from using bankruptcy to resolve talcum powder lawsuits

      Ruling from US appeals court casts doubt on future of contentious ‘Texas two-step’ manoeuvre

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsFT Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In