From Forever 21 and Payless to PG&E, here are the biggest bankruptcies of the year so far
- 2019 has been a tough year for retail. More than 8,200 stores are expected to close this year, and multiple companies have already filed for bankruptcy.
- Industries such as transportation, energy, and communications have also been plagued by bankruptcies.
- Here are the 21 largest companies that have filed for bankruptcy in the US so far in 2019, compiled by Chapter11Dockets.com.
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2019 has been a rough year for retail.With more than 8,200 stores planned to close in 2019, the retail apocalypse is in full swing. Many companies have already filed for bankruptcy this year, but the list continues to get longer.
Energy company PG&E Corporation was the largest bankruptcy, with $71.4 billion in assets at the time of its filing in January. Also included in the list are stores like Payless ShoeSource, which filed for bankruptcy in February, and Forever 21, which filed on Sunday.Here are the 21 companies that made the list:
20 (tie). Payless Holdings LLC
20 (tie). FullBeauty Brands Holdings Corp.Advertisement
19. GCX Limited (Global Cloud Xchange)
17 (tie). Double Jump, Inc. (DC Solar)Advertisement
17 (tie). Stearns Holdings, LLC
16. Monitronics International, Inc. (Brinks Home Security)Advertisement
12 (tie). Forever 21, Inc.
12 (tie). Alta Mesa Resources, Inc.Advertisement
12 (tie). PHI, Inc.
12 (tie). Legacy Reserves Inc.Advertisement
11. Vanguard Natural Resources, Inc. (VNR Finance Corp.)
10. Halcon Resources CorporationAdvertisement
9. Purdue Pharma L.P.
7 (tie). Hexion Holdings LLC (Momentive Specialty Chemicals Holdings LLC)Advertisement
7 (tie). PES Holdings, LLC (Philadelphia Energy Solutions)
6. Sanchez Energy CorporationAdvertisement
5. Bristow Group Inc.
4. Weatherford International PLCAdvertisement
3. Ditech Holding Corporation (Walter Investment Management Corp.)
2. Windstream Holdings, Inc.Advertisement
1. PG&E Corporation
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