There were nine companies with assets in excess of $100 million that filed for bankruptcy in January 2012. The companies were widely dispersed in different industries including recreation, healthcare, real estate, information, transportation, food services, manufacturing, mining, utilities.
For the first two months of 2012, the leading industries for Chapter 11 mega filers were manufacturing, information, real estate and transportation, with two apiece.
Of the 82 mega bankruptcy cases that filed for Chapter 11 in 2011, 14 cases, or 16% came from the manufacturing industry. Accommodation and food services came in a close second with 12 cases, or 15% of the total.