Tokyo, December 28 -- Going through the bankruptcy court may well be an option for Japan Airlines Corp (9205.T) if it goes in for a state-backed turnaround fund.

Michigan, October 26-- Alluding that the recovery in the sector is still a distant dream, Capmark Financial Group Inc., one of the nation's biggest commercial-real-estate lenders, filed for bankruptcy protection.

Washington, June 18: The nearly 90-year-old outdoor retailer, Eddie Bauer Holdings Inc. (NASDAQ: EBHI), is succumbing under the weight of a heavy debt load.

Raleigh, N Carolina, June 11: Crescent Resources LLC, the 40-year-old real estate developer, jointly owned by Duke Energy Corp. (NYSE: DUK) and Morgan Stanley’s (NYSE:MS) real-estate fund unit, filed for Chapter 11 protection in the U.S. Bankruptcy Court in the Western District of Texas, Austin Division.

Washington, June 2: The supposedly infallible titanic of the auto manufacturing industry, General Motor Corp. (NYSE: GM) has gone bankrupt. Now, ahead of President Barack Obama lies the arduous task of resurrecting the iconic GM.

New York, May 9: Two of Chrysler’s key creditors, Oppenheimer Funds and Stairway Capital Management have withdrawn from the rebellious ‘Non-TARP Lenders’ group. Given this development, the group is likely to break up and shall probably see eye to eye to any judgment made by Judge Arthur Gonzales of the U.S. Bankruptcy Court.

Manhattan, May 6: Chrysler got a major boost late Tuesday night when U.S. Bankruptcy Court Judge Arthur Gonzalez approved the Michigan based automaker's plan to sell most of its assets.

Michigan, May 3: Chrysler LLC, the third-largest American automaker, is now running the last lap of the marathon. After months of negotiations with regulators, unions and creditors, Chrysler filed for bankruptcy on Thursday.