With an enduring COVID-19 pandemic both weakening crude oil prices globally and sinking their revenue, Basic Energy Services, Inc. has opted for bankruptcy protection for the second time in five years.
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![Basic Energy Services Image](/sites/default/files/styles/featured_image/public/2021-12/BSE_2121_1414.png.webp?itok=Y_pUO04S)
![With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring. With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring.](/sites/default/files/styles/featured_image/public/2020-09/Shiloh_2121_1414_2.png.webp?itok=oUAFRBOa)
With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring.
![Grupo Famsa SAB de CV has filed for bankruptcy.](/sites/default/files/styles/featured_image/public/2020-07/Grupo_Famsa_2121_1414_1.png.webp?itok=qbxBR8GL)
Mexican department store chain Grupo Famsa SAB de CV has met bankruptcy, hammered by a huge drop in sales due to COVID-19.
![Canadian women's apparel staple Reitmans is being forced to restructure, its options exhausted from the outbreak of COVID-19. Yet signs of their bankruptcy potential were revealed by our FRISK® score a year prior to their filing.](/sites/default/files/styles/featured_image/public/2020-05/Reitmans_2121_1414_1.jpg.webp?itok=qDOVO8ML)
Canadian women's apparel staple Reitmans is being forced to restructure, its options exhausted from the outbreak of COVID-19. Yet signs of their bankruptcy potential were revealed by our FRISK® score a year prior to their filing.
![Metallurgical and thermal coal producer Contura Energy Inc. emerged from Chapter 11 in late 2018. Today, challenges presented by COVID-19 might soon put the company back into bankruptcy court.](/sites/default/files/styles/featured_image/public/2020-12/Contura_2121_1414_1.jpg.webp?itok=fn7BT-Jg)
Metallurgical and thermal coal producer Contura Energy Inc. emerged from Chapter 11 in late 2018. Two years later, challenges presented by COVID-19 might soon put the company back into bankruptcy court.
![CreditRiskMonitor Announces Transition of its Chief Financial Officer CreditRiskMonitor Announces Transition of its Chief Financial Officer](/sites/default/files/styles/featured_image/public/2020-03/CRMZ_Press_Release_Thumb.jpg.webp?itok=OmRt3taL)
As a result of the COVID-19 restrictions put in place by the State of New York, the Annual Meeting of Stockholders of CreditRiskMonitor.com, Inc. will be held telephonically by means of remote communication.
![CreditRiskMonitor Announces Transition of its Chief Financial Officer CreditRiskMonitor Announces Transition of its Chief Financial Officer](/sites/default/files/styles/featured_image/public/2020-03/CRMZ_Press_Release_Thumb.jpg.webp?itok=OmRt3taL)
CreditRiskMonitor management remains cautiously optimistic about the rest of the year, as many of our subscribers continue to struggle through the COVID-19 economic downturn and are implementing cost-cutting measures.
![Europcar Mobility Group SA might be running out of gas due to business decline during COVID-19.](/sites/default/files/styles/featured_image/public/2020-11/Eurocar_2121_1414_1.jpg.webp?itok=wuLz5Enw)
More and more, it looks like until the COVID-19 pandemic dies down, creditors should keep a close eye on Europcar Mobility Group SA. The Parisian rental car company's finances are stalling out.
![While COVID-19 provided the final push to propel Neiman Marcus into a Chapter 11 filing, a long history of leveraging up gave our subscribers ample time to reduce exposure to this retail giant.](/sites/default/files/styles/featured_image/public/2020-05/Neiman_Marcus_2121_1414_1.jpg.webp?itok=h_xXcmNt)
While COVID-19 provided the final push to propel Neiman Marcus into a Chapter 11 filing, a long history of leveraging up gave our subscribers ample time to reduce exposure to this retail giant.