German-based manufacturer SGL Carbon SE provides carbon fiber materials to various end markets of automotive, wind energy, and aerospace. Despite customers steadily recovering, the company continues to struggle with thin margins and high leverage.
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Anchored off the United States' Gulf Coast Basin, PetroQuest Energy, Inc. could not further weather steep drops in sales and working capital, which in large part led to their bankruptcy.

Being one of the first major retailers derailed by COVID-19? Hardly fashionable. How did it all go wrong for J.Crew?

With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring.

Massive losses due to COVID-19 and the sale of its Canadian subsidiary indicates to CreditRiskMonitor subscribers that the fun may soon be over for Party City.

It's anyone's guess as to whether or not the Chinese government will step in and bail out property developer China Evergrande Group, but CreditRiskMonitor subscribers should never think a leveraged-to-the-max company like this is immune from potential bankruptcy.

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.

One of Europe's leading tourism groups, TUI AG, has largely remained docked in 2020 and is trying to survive the COVID-19 pandemic.

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.