List of notable business failures

From Wikipedia, the free encyclopedia

The following is a list of notable business failures, known either for marking the end of a well-known brand, for criminal proceedings associated with their demise (often fraud or other corporate crime), or for causing significant financial problems (or suffering from them). The list is ordered by year, starting with the most recent.

This list is incomplete; you can help by expanding it.
Year Name
2007 Benjys
Music Zone
2006 Tower Records
Farepak (European Home Retail)
Humbrol
Air Wales
Golden Wonder
Tiger Telematics
Independence Air
2005 MVC
All:sports [1]
Granville Technology Group[1]
EUjet
Red Letter Days
MG Rover
Jetsgo Corporation
Allders
2004 Courts Plc [2]
Auction World.tv
2003 IG Farben
Bethlehem Steel
Parmalat
The Accident Group

[3]
2002 Tyco International
Arthur Andersen
Railtrack
Global Crossing
Claims Direct [4]
ITV Digital
Swissair
WorldCom
EBONE
KPNQwest
2001 Enron Corporation
HIH Insurance
One.Tel
Ansett
Montgomery Ward
Sabena
TWA
Webvan
Bethlehem Steel
Canada 3000
World Championship Wrestling [2]
Extreme Championship Wrestling [3]
2000 Equitable Life
Pixelon [5]
Lernout & Hauspie
Boo.com
Urban Bank
3dfx
Year Name
1999 Daewoo
1998 Long-Term Capital Management
1997 Bre-X Minerals
Nissan Mutual Life Insurance
1996 Fokker
Escom
1995 Barings Bank
1994 Confederation Life [6]
Commodore International
1993 Ferranti
1992 Olympia and York
Maxwell Communication Corp.
1991 BCCI
Eastern Air Lines
Pan Am
Lewis's
1990 Drexel Burnham Lambert
Pyramid Building Society
1987 Zzzz Best
First Jersey Securities
1985 Continental Illinois National Bank and Trust Company
1983 DeLorean Motor Company
Atari, Inc.
1982 Braniff International Airways
Laker Airways
Penn Square Bank
1980 Ontario Motor Speedway
1979 Dixie Square Mall
1975 United Fruit
1970 Penn Central
1964 Wales West and North Television
1958 Edsel
1948 Tucker Corporation
1866 Overend, Gurney and Company
1829 The Sunday Advertiser
1720 South Sea Company
1699 The Darien Scheme


  1. ^ Known for the Time and Tiny computer brands.
  2. ^ Bought out by their chief rival, the World Wrestling Federation.
  3. ^ All trademarks later bought by the World Wrestling Federation, and re-launched as a regular product in 2006, although in name only.

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