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Big US firms that are bankrupt right now

Famous names that have filed for Chapter 11
Purdue Pharma: filed 15 September 2019
Purdue Pharma: filed 15 September 2019
Tuesday Morning: filed 27 May 2020
Tuesday Morning: filed 27 May 2020
Scandinavian Airlines: filed 5 July 2022
Scandinavian Airlines: filed 5 July 2022
Cineworld Group: filed 7 September 2022
Cineworld Group: filed 7 September 2022
Party City: filed 17 January 2023
Party City: filed 17 January 2023
David's Bridal: filed 17 April 2023
David's Bridal: filed 17 April 2023
Bed Bath & Beyond: filed 23 April 2023
Bed Bath & Beyond: filed 23 April 2023
Vice Media: filed 15 May 2023
Vice Media: filed 15 May 2023
Instant Brands: filed 13 June 2023
Instant Brands: filed 13 June 2023
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Famous names that have filed for Chapter 11

A toxic combination of COVID-19 restrictions, major shipping disruptions, and ever-rising political tensions has simply proven too much for some of America's most recognizable big-name brands.

The result? Corporate bankruptcies have reached their highest level since the Great Recession in 2010, according to S&P Global Market Intelligence. In fact, a staggering 286 US companies have filed for bankruptcy so far this year. 

Read on to discover why some of America's biggest businesses have fallen on hard times, and find out whether they're likely to survive. 

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Alice Cattley

26 June 2023

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