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North America, Bankruptcy Timeline Tuesday, May 8 Bookmark and Share     Author
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  GM bosses discuss bankruptcy plan   Senior executives at General Motors are meeting to discuss proceedings for expected filing for bankruptcy protection   GM ponders future as deal fails  General Motors' battle to avoid bankruptcy has suffered a blow as bondholders have rejected a key part of the carmaker's restructuring plan Chrysler 'to file for bankruptcy'  Chrysler is to enter bankruptcy protection after failing to persuade a number of hedge funds to write off its debts AIG reports record $61.7bn loss
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2015 (1) 2013 (2) 2012 (1) 2011 (2) 2009 (9) 2008 (4) 2005 (2) 2003 (1) 2002 (2) 2001 (1)
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Detroit Politics (17)   New York Bankruptcy (8)   Detroit Bankruptcy (6)   World Bankruptcy (67)   AIG (12)

Politics Main Event: Detroit in largest US b...
North America, Bankruptcy on Google Map

B. 2015-01-23 SkyMall aeroplane catalogue files for bankruptcy
2. 2013-07-19 Legal battle over Detroit bankruptcy Michigan, Detroit
2013-07-18 Detroit in largest US bankruptcy Detroit
4. 2012-06-26 Californian city faces bankruptcy Stockton, California
F. 2011-11-29 American Airlines files for bankruptcy USA
G. 2011-06-28 MLB: LA Dodgers file for bankruptcy Los Angeles
H. 2009-11-01 CIT Group files for US bankruptcy New York
I. 2009-10-23 US bank failures top 100 for year USA
J. 2009-07-10 Leaner GM emerges from bankruptcy Detroit

Californian city faces bankruptcy   The city of Stockton looks set to become the largest US city to declare bankruptcy, after a deadline to make a deal with its creditors passe... American Airlines files for bankruptcy  American Airlines' parent company AMR Corporation has filed for Chapter 11 bankruptcy protection MLB: LA Dodgers file for bankruptcy CIT Group files for US bankruptcy  The lender has filed for bankruptcy protection, after a debt-exchange offer to bondholders failed. The reorganisation plan will reduce debt by $10bn US bank failures top 100 for year  The number of US bank failures this year has topped more than 100 after federal regulators shut down a trio of small Florida banks   Leaner GM emerges from bankruptcy  General Motors says it has emerged from bankruptcy protection after creating a 'new GM' made up of the carmaker's best assets   GM enters bankruptcy protection
SkyMall aeroplane catalogue files for bankruptcy   The catalogue found on most US airlines and popular for selling quirky products like garden gnomes and 'orbit wheels', has filed for bankrup... Legal battle over Detroit bankruptcy   A judge in the US state of Michigan has ordered the city of Detroit to withdraw its application for bankruptcy over its debts of $18bn Detroit in largest US bankruptcy


year 2015 Top ^

Jan.23   Arizona


year 2013 Top ^

Jul.19   Detroit
Jul.18   Detroit
  The city, once a symbol of US industrial power, has become the largest US city ever to file for bankruptcy, with debts of at least $15bn


year 2012 Top ^

Jun.26   California


year 2011 Top ^

Nov.29   USA
Jun.28   Los Angeles


year 2009 Top ^

Nov.1   New York
Oct.23   USA
Jul.10   Detroit
Jun.1   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

May.31   Detroit
May.27   Detroit
Apr.30   Detroit
Mar.2   USA
  Insurance giant AIG has reported a loss of $61.7bn in the final three months of 2008 - the largest quarterly loss in corporate history
Feb.2   Washington   Obama predicts more bank failures  US President has warned that more US banks are likely to fail, as the full extent of their losses in the economic crisis becomes clear

year 2008 Top ^

Dec.2   U.S. Congress US carmakers publish rescue plans  Chrysler, Ford and General Motors have all submitted their proposals for multi-billion dollar loans upon which their survival could depend Oct.8   Washington US warns of further bank failures   Treasury secretary Paulson has warned some banks will still fail despite the $700bn rescue package to shore up the financial system Sep.16   Washington US government rescues insurer AIG
  The Federal Reserve has announced an $85bn rescue package for the country's biggest insurance company, to save it from bankruptcy Sep.14   New York Lehman Bros files for bankruptcy
  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 2005 Top ^

Sep.15   USA Delta, Northwest file for bankruptcy  Planes will keep flying and frequent-flier miles will still be usable Mar.11   Canada Airline strands hundreds

year 2003 Top ^

Apr.25   USA American Airlines saved from the brink
  Airline had reached a last-minute deal with the Association of Professional Flight Attendants

year 2002 Top ^

Dec.9   New York United flies into bankruptcy
  United Airlines filed for the largest bankruptcy in airline history, succumbing to continued losses and debt payments Jul.21   New York 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

year 2001 Top ^

Dec.2   Texas   Enron in bankruptcy filing
  Energy-trading company filed for Chapter 11 protection


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