Shipping company Rand Logistics, Inc., drowned in a proverbial sea of debt in the months leading up to their January 2018 bankruptcy.
They paid their bills on time right up until the day they filed for Chapter 11 bankruptcy protection. If you're in oil & gas, spotting risk within Sanchez Energy Corporation would have required deeper drilling.
Floral delivery service FTD Companies Inc. wilted under the pressures of enormous debt and growing industry competition.
Scandinavian Airliner SAS AB could soon be sending out a Chapter 11 S.O.S. If you're one of their creditors, what proactive steps will you take to avoid a major write-down if bankruptcy comes?
CreditRiskMonitor announces a new partnership with HighRadius, a Fintech enterprise Software-as-a-Service (SaaS) company which leverages Artificial Intelligence-based Autonomous Systems to help companies automate Accounts Receivable and Treasury processes.
South African retailer Steinhoff is battling the fallout from a massive accounting fraud and facing legal claims amounting to more than $10 billion USD. Couple that with the overall industry deline due to coronavirus and bankruptcy could be very near.
Brazilian airliner Gol Linhas Aereas Inteligentes SA is now bankrupt, grounded by massive debt incurred in the wake of the COVID-19 pandemic.
Baby bankruptcy boom: American retailer Destination Maternity Corporation has met Chapter 11. Our suspicions about their heightened financial risk, however, were born more than a year before their filing.
Retail Apocalypse Now: Houston-based Stage Stores, Inc. has filed for Chapter 11 bankruptcy protection, just one of several large U.S. retailers to do so thus far in the month of May.