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After filing for protection under the bankruptcy laws, Texaco agreed to pay Pennzoil $3 billion.
The fashion house of the couturier Christian Lacroix unraveled in May, filing for protection from creditors.
Options include possibly filing for protection from creditors under Chapter 11 of the United States Bankruptcy Code.
In a worst-case scenario, analysts said, a default and action by creditors to call in loans could drive the nation's third-largest airline into filing for protection under Chapter 11 of the Federal Bankruptcy Code.
Federated Stores Inc., the American parent of Federated Department Stores and Allied Stores, said yesterday in Cincinnati that it was filing for protection under Chapter 11 of the Federal Bankruptcy Code to facilitate the reorganization of both Federated and Allied.
"It wasn't available for operations". Hollis Harris, the chairman, president and chief executive of Continental, has said that the airline had considered, as one of many options, filing for protection under the bankruptcy code but had rejected the step.
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Pacific Gas filed for protection from creditors in April.
Babcock & Wilcox and Pittsburgh Corning filed for protection earlier this year.
The orchestra filed for protection under Chapter 11 in April.
US Airways filed for protection under Chapter 11 bankruptcy proceedings on Sunday.
Last week, the company said it might have to file for protection from creditors.
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