218 PE & VC Companies Filed For Chap. 11 in 2008


	218 PE & VC Companies Filed For Chap. 11 in 2008

Forbes Markets

2-2-2009 9:25 AM

579 views

tags:

private equity, venture capital, bankruptcy, chapter 11

Forbes Markets says:

While big names like Apollo Management and Willis Stein took the headlines, a lot of smaller firms took it on the chin.

Add a Comment

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from February 2, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/d21858be-6e0d-4850-aab7-077eba7e8006/50CABCE3-51A8-4804-BB3D-15A984858962/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.thedeal.com/newsweekly/insights/belly-up-to-the-bar.php" href="http://www.thedeal.com/newsweekly/insights/belly-up-to-the-bar.php" style="font-size: 11px;">www.thedeal.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thedeal.com/newsweekly/insights/belly-up-to-the-bar.php"><P><B>Standard & Poor's</B> Capital IQ data tracker tallied 218 Chapter 11 filings in the U.S. by companies with private equity and venture capital funding, compared with 117 in 2007. That's an 86% increase. Forty-eight private equity-backed companies filed in the U.S. alone, according to The Deal research. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thedeal.com/newsweekly/insights/belly-up-to-the-bar.php"><P>But many of the casualties were small to midsize businesses
with bad balance sheets and-or operating problems. A downturn is
inherently more dangerous for midmarket companies than larger ones
because they generally lack the size, scale and flexibility of larger
companies to avoid defaulting on payments. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/50CABCE3-51A8-4804-BB3D-15A984858962/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips