Major companies that went bankrupt in 2025

The bankruptcy wave carried into 2025, with second-time filers (JOANN, Rite Aid) and fresh names across dining and healthcare. Below are the recognizable companies that sought Chapter 11 protection in 2025 — each linked to the public distress signals on its profile.

8 companies on the list · updated continuously

CompanyStateFiledWhat happened

First Brands Group, LLCOH2025-09-24Chapter 11 filing — First Brands Group & 75 affiliates, S.D. Texas Bravo Brio Restaurant GroupOH2025-08-18Italian casual-dining operator (Bravo! / Brio)Marelli Holdings Co., Ltd.—2025-06-11Chapter 11 filing — Marelli Holdings, ~$4.9B funded debt Rite Aid CorporationPA2025-05-05Chapter 11 (second filing) — approximately 1,240 store closures Hooters of America, LLCGA2025-03-31restructuring under a founder-led buyer group On The Border Mexican Grill & CantinaTX2025-03-04closed underperforming locations amid cost pressure JOANN Inc.OH2025-01-15Chapter 11 (second filing) — full liquidation of ~800 stores by May 2025 Prospect Medical Holdings, Inc.CA2025-01-1116 hospitals across CA/CT/PA/RI, $1B–$10B liabilities (N.D. Texas)

Is one of these a supplier you depend on?

Check any company free — or monitor your whole supplier list.

Check a supplier →

Drawn from public filings and reporting. Inclusion reflects a documented bankruptcy filing and is not a statement about any company's current operations. Not financial advice.