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It says the late cancellation has left it with liabilities of £3.6m.
With liabilities of £1.3bn, creditors were paid just 2.9p in the pound, and shareholders got nothing.
Teachers say students are already devastated by conditions in the district, which is facing financial calamity with liabilities of $3.5bn.
Luton council has said the late cancellation of the scheme left it with liabilities of £3.6m, while Waltham Forest said it stands to lose £275m.
Another Trump adviser, Oklahoma-based real estate broker Dennis Bradford, declared bankruptcy in 2012 with liabilities of more than $3.1m, according to court filings in Oklahoma City.
It will be imposed on banks with liabilities of more than £20 billion, which covers the largest banks, thrifts and foreign companies doing business in Britain.
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The company was found to have been the ringleader in the vitamin cartel, with liability of some 1.77 billion Swiss francs ($1.3 billion).
Equipping foreign subsidiaries with such assets allows them to overcome the disadvantage associated with liability of foreignness.
The deck is stacked against the buyer, with liability of the sponsor greatly limited after the purchase is completed.
Endoscopic plantar fasciotomy gives better results than extra-corporeal shock wave therapy, but with liability of minor complications.
SAIC walked away from a proposed joint-venture with Rover last month because it feared that it would be landed with the liabilities of a bankrupt partner as Rover ran out of cash.
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