No, they filed for Chapter 11 reorganization.

Just like Delta Airlines, Chrysler, Worldcom, Northwest Airlines, Silicon Graphics, Enron, Tri-Valley Growers, EPIQ software, United Airlines, Zultys Technologies, the Catholic Dioceses of Tucson, Davenport (IA), and Spokane, the folks who bring you the Atkins Diet, Rowe Furniture, MCI, Delphi, United Producers, KB Toys, KMart, Brook Mays Music, Kistler Aerospace, American Pad and Paper, ACT Manufacturing, the Archdiocese of Portland, Winn-Dixie, ICO Global, Aloha Air, and a whole bucketload of others.