List of business failures

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This list of business failures collects significant companies who met the eventual demise of their well-known brand. The causes include corporate crime and simple insolvency, and are notable for their financial impact on the economy.

Contents

Prior to 1900

1343–46

1900–1949

1907
1919
1920
1922
1923
1928
1929
1930
1931
1932
1933
1934
1935
1937
1938
1939
1945
1948

1950–1979

1952
1953
1956
1956
1957
1959
1960
1961
1962
1963
  • Yamaguchi Motorcycle[9]
1964
1965
1966
1967
1969
1970
1971
1974
1975
1976
1977
1978
1979

1980–1989

1980
1981
1982
1983
1984
1985
1986
1988
1989

1990-1999

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000–2009

2000

2001

2002

2003

2004


2005

2006

l

2007

2008

2009

2010–present

2010

2011

2012

See also

Bibliography

  • Deeson, A.F.L. (1972). Great Company Crashes. London: Foulsham. ISBN 0-572-00833-3. 

Notes

  1. ^ bankrupted in 1970; remained operating until 1976
  2. ^ Assets was sold on to a company who became STA Travel
  3. ^ Remained solvent until 1995.
  4. ^ Liquidation following conviction of its owner for drugs smuggling charges. Some of these assets was sold to its team's drivers Ray Bellm and Steve Neal, who both help to form Team Dynamics
  5. ^ As the brandname had a long history and strong heritage, it was acquired by the Volkswagen Group in 1998; Dauer Sportwagen acquired the license to the EB110 supercar, including 5 incomplete cars and a large majority of stocks; B Engineering acquired 21 unconstructed chassis to become the Edonis. Lotus Cars was acquired by owner, Romano Artoli in 1993 and was sold to Proton
  6. ^ Was later acquired by record store entrepreneur Mike Lloyd, who got the theatre up and running
  7. ^ Coddington was allowed to re-organize Boyds Wheels as the result of bankruptcy
  8. ^ Brandname was acquired by Halfords.
  9. ^ Self dissolved
  10. ^ Theatre was sold on and converted into two separate nightclub
  11. ^ All trademarks were later acquired by the World Wrestling Federation, and re-launched in 2006
  12. ^ Bought out by their chief rival, the World Wrestling Federation.
  13. ^ As a result of the collapse of Arrows, both companies was owned by Tom Walkinshaw
  14. ^ Japanese automotive tuning component manufacturer Tanabe soon acquired the company and some of the design molds, with the exception of some including its famous "Formula Mesh" lines which is trademarked to BBS.
  15. ^ Known for the Time and Tiny computer brands.
  16. ^ Administration, after failing to attract sponsorship.
  17. ^ closure due to lawsuit avoidance issued by Sony.
  18. ^ Notorious for the Nissan Skyline GT-R grey import vehicles scandal in 2006, business was closed for legal reason.
  19. ^ closure cause by lack of funds following the negative publicity from the ill-fated TGN1412 clinical trial
  20. ^ Circuit City first went into Chapter 11 in 2008, later it went to liquidation in 2009.
  21. ^ nationalisation, further article: 2008–2012 Icelandic financial crisis
  22. ^ nationalisation, further article: 2008–2012 Icelandic financial crisis
  23. ^ deposit business have been sold off to ING Direct, whereas the remainder is placed into administration
  24. ^ nationalisation, further article: 2008–2012 Icelandic financial crisis
  25. ^ further article: bankruptcy of Lehman Brothers
  26. ^ Administration, entered bankruptcy in January 2009.
  27. ^ Administration, all but 2 stores was closed down.
  28. ^ Shops were still allowed to open to clear stocks
  29. ^ Company has gone into court receivership

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  82. ^ Land of Leather goes into administration
  83. ^ Newspapers fight to stay alive with Chapter 11 filings
  84. ^ South Korea automaker files for bankruptcy
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