Well, bankruptcy ALWAYS is the result of somebody demanding something they think is owed them under the law. In fact that's pretty much what bankruptcy is: when you can't raise enough cash to pay people what they're legally owed. If your company can't pay the rent you don't go around saying, "We'd still be in business if the landlord hadn't sued us." People would laugh at you. But for some reason if you say "We'd still be in business of the employees hadn't sued us," then people somehow act as if that isn't equally ridiculous.
It's the same attitude where companies raid the employee pension fund to pay for current expenses: that somehow employees ought to pay for the mistakes of management.