Things are drying up around Abraxas Petroleum Corporation's derricks and a going concern opinion is giving many company creditors pause. We suggest that if you are counterparty to this oil and gas titan, you do the same.
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Caviar dreams, bankruptcy reality? Large-scale luxury automobile dealership, China Zhengtong, is dealing with acute refinancing risk challenges and looming debt maturities.
For the second time in four years, Seadrill Limited is bankrupt. The company is the latest in a series of offshore rig firms to seek court protection from creditors following spending cuts by the energy sector in wake of the COVID-19 pandemic.
International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.
Ultra Petroleum Corporation has filed for Chapter 11 protection for the second time in four years, torpedoed in large part by persistently weak natural gas prices.
China-based property developer Tahoe Group is providing evidence that the real estate bubble has resulted in ballooning inventories and distorted balance sheets, leaving less capitalized peers to struggle in an overly distended industry.
Out of gas: American propane giant Ferrellgas Partners L.P. has met bankruptcy after years of financial turmoil and ever-growing risk.
On July 1, 2025, Del Monte Foods filed for bankruptcy - leaving approximately $74 million in unsecured claims exposed. Specific to this case study, see how the Confidential Financial Statements Solution provides financial risk insights on private company counterparties!
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?