Bankruptcy Case Studies for Credit Risk Analysis
Rite Aid Corporation
Checked out: A heavy debt load and recurring net losses were major factors in Rite Aid Corporation's prolonged descent into bankruptcy.
Yellow Corporation
American freight transporter Yellow Corporation has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.
iMedia Brands, Inc.
Lights, Camera, Bankrupt. Our FRISK® score broadcasted the financial dangers hidden within Minnesota-based media company iMedia Brands, Inc., a debt-laden enterprise hurt by declining cable TV subscribers and…
Cyxtera Technologies, Inc.
Powering down: IT infrastructure leader Cyxtera Technologies filed for bankruptcy protection in the wake of major losses and on the eve of fast-arriving debt maturities.
Diebold Nixdorf, Inc.
Struggling with debt and declining sales, ATM and Point of Sale tech manufacturer Diebold Nixdorf, Inc. has filed for Chapter 11 protection. Our subscribers, armed with the FRISK®…
Venator Materials PLC
Bankruptcy has claimed British chemical manufacturer Venator Materials PLC after years of struggle with both high European energy costs and waning demand.
Lannett Company, Inc.
Continuing deterioration in operating performance and intense pricing pressure from competitors were tough pills to swallow for generic pharmaceutical manufacturer Lannett Company, Inc., ultimately leading to its bankruptcy.
Bed Bath & Beyond, Inc.
Cash-strapped home goods retailer Bed Bath & Beyond is now bankrupt, capping one of the craziest documented descents into Chapter 11 seen by our clients in some time.
Lucira Health, Inc.
Highly leveraged Lucira Health, Inc., maker of at-home COVID-19 and flu tests, went bankrupt after pandemic restrictions universally eased and demand for company wares subsequently plummeted.
Tuesday Morning Corporation
Bankruptcy has come for Tuesday Morning Corporation, the once-popular off-price retailer that buckled after lenders put the kibosh on the company’s ability to borrow additional money to finance…
Avaya Holdings Corporation
For the second time in six years, Avaya Holdings Corporation is filing for bankruptcy protection. The multinational tech firm struggled to hit earnings targets in 2022 as it…
Party City Holdco Inc.
The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.