Grounded in Oz: Airliner Virgin Australia Holdings Ltd entered into voluntary administration and later Chapter 11 bankruptcy, as the company succumbed to an overwhelming debt load.
Resources
Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
Bankruptcy Case Study
Bankruptcy Case Study
… 15 bankruptcy just before the new year. The company's FRISK score had been mired in the "red zone" with a score of "3," indicating a strong possibility of bankruptcy …
Multiple regulation violations in the securities market coupled with the bizarre departure of company chairman Jianming Zhou were among the deathblows for Chinese polymer producer Jiangsu Dewei, who filed for Chapter 15 bankruptcy just before the new year.
Bankruptcy Case Study
… in advertising revenue. The Pennsylvania-based company's FRISK score remained fixed at a "1" for more than a year, …
Listen up: Audacy, Inc., the largest radio and podcast company in the U.S., is bankrupt after years of debt financing, in reaction to macroeconomic challenges brought on by a massive decline in advertising revenue.
High Risk Report
… debt. The Barberton, Ohio-based company has seen its FRISK score languish between a "3" and a "1" in the last year. The FRISK score is a 96% accurate indicator of public company …
Big-time bankruptcy risk follows Babcock & Wilcox Enterprises, Inc., a boiler manufacturer that has kept its doors open while recently racking up an enormous amount of short-term debt.
Bankruptcy Case Study
… restructuring process." Image The CreditRiskMonitor FRISK score tabbed Sears for several years as a candidate for … 24 consecutive months, the Chicago-based company sat at a FRISK score of "1," which is defined as a company showing a …
Iconic American department store operator Sears Holdings Corporation has filed for Chapter 11 bankruptcy protection, becoming easily the highest-profile casualty of the "Retail Apocalypse" to date.
High Risk Report
Keep on truckin'? American freight transporter Yellow Corporation could be on the road to bankruptcy as it is rapidly running out of cash even after securing a $700 million bailout in 2020.
High Risk Report
The seismic data survey industry appears to be sinking; can Norwegian company PGS ASA stay afloat in 2021 in the midst of an oil price crisis?
Bankruptcy Case Study
… for more than a year's time simply by monitoring our FRISK score : Image This High Risk Report provides an in-depth … was a bad bet for trade creditors from their start. Our FRISK score is 96% accurate in predicting public company …
As the world reels from the effects of COVID-19, Quorum Health Corporation - a major American healthcare provider and operator of hospitals in 13 U.S. states - has filed for bankruptcy.
Bankruptcy Case Study
… in bankruptcies in early 2024. The Florida-based company's FRISK score sat at a "1" for more than a year before its …
Medical services provider Cano Health, Inc. ran out of cash and incurred a mountain of debt, part of a corporate healthcare sector spike in bankruptcies in early 2024.