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A comprehensive list of major corporate failures and misconduct from the 14th century to the present, with dates, locations, causes and assets. Find out the details of the Enron, WorldCom, Lehman Brothers and other scandals after 2000.
Arrium was a public company that spun off from BHP Billiton in 2000 and operated in mining, steel, recycling and other industries. It went into voluntary administration in 2016 and was acquired by Liberty House Group in 2017.
This web page provides a comprehensive list of financial institutions that were acquired, nationalised, or liquidated during the global financial crisis of 2007–2009. It includes investment banks, commercial banks, mortgage lenders, and insurance companies from various countries and regions.
Debenhams was a British department store chain that operated in the UK, Denmark and Ireland until 2021. It was founded in 1778 and had 178 locations, but faced financial difficulties and closed due to the COVID-19 pandemic.
Voluntary administration is when the directors of an insolvent company appoint an external administrator to investigate whether winding up the corporation can be prevented or delayed and to make recommendations to the directors and their creditors as to whether the company should enter into a deed of company arrangement, be wound up (i.e ...
Interserve was a British construction and support services business that went into administration in 2019 and was wound up in 2022. It originated from a maritime company in the 1880s and expanded into civil engineering, facilities management, energy-from-waste and other sectors.
Everest Home Improvement was a British double glazing and home improvement company founded in 1964. It went into administration in 2020 and created a new company called Everest 2020, which faced criticism for not honouring warranties and advertising controversies.
The company was immensely successful but ran into financial difficulties and in 1972 was taken over by its major supplier of air travel, Court Line. However, after two years, on 15 August 1974, Court Line collapsed, taking down Clarksons with at least £7m owing to 100,000 holidaymakers and possibly twice as much.