Public company bankruptcies soared in 2020, and filings continue to roll in as fallout from COVID-19. Here are five of the most notable Chapter 11 cases we've seen so far in 2021, and another five companies we feel are in big-time danger.
Public company bankruptcies soared in 2020, and filings continue to roll in as fallout from COVID-19. Here are five of the most notable Chapter 11 cases we've seen so far in 2021, and another five companies we feel are in big-time danger.
Business at casinos and resorts has picked up following an easing of travel restrictions after COVID-19, yet operators worldwide continue to be tested by steep fixed cost structures and debt-loaded balance sheets.
Business at casinos and resorts has picked up following an easing of travel restrictions after COVID-19, yet operators worldwide continue to be tested by steep fixed cost structures and debt-loaded balance sheets.
Midwestern coal leader Peabody Energy Corporation is feeling the headwinds of a political and economically progressive shift towards cleaner energy sources like wind, solar, and natural gas. The debt pressure Peabody Energy is under won't produce diamonds, but it may lead to bankruptcy.
Central banks worldwide are suppressing borrowing rates to accomodate credit markets, trying to alleviate financial pressures on corporations. This is creating a surge of "zombie companies," or firms that are staying alive in spite of their inability to service interest expenses.
Central banks worldwide are suppressing borrowing rates to accommodate credit markets, trying to alleviate financial pressures on corporations. This is creating a surge of "zombie companies," or firms that are staying alive in spite of their inability to service interest expenses.
Many operators within the auto & truck parts industry continue to struggle from supply chain constraints and breakdowns brought on by the COVID-19 pandemic, adversely impacting profitability.
Many operators within the auto & truck parts industry continue to struggle from supply chain constraints and breakdowns brought on by the COVID-19 pandemic, adversely impacting profitability.
The "Virtual Credit Group" is giving unfavorable reviews for AMC Entertainment Holdings and Cineworld Group, two of the largest - and riskiest - movie theater chains in the world.
The "Virtual Credit Group" is giving unfavorable reviews for AMC Entertainment Holdings and Cineworld Group, two of the largest - and riskiest - movie theater chains in the world.
Shut down the showroom? Iconic luxury auto manufacturer Aston Martin has seen sales collapse and losses mount in a turbulent year that was overshadowed by management change and the coronavirus pandemic.
Shut down the showroom? Iconic luxury auto manufacturer Aston Martin has seen sales collapse and losses mount in a turbulent year that was overshadowed by management change and the coronavirus pandemic.
More than one full year into restrictive stay-at-home orders across the globe and with vaccinations being administered slowly, there are no guarantees that air travel will experience a full rebound anytime soon.
More than one full year into restrictive stay-at-home orders across the globe and with vaccinations being administered slowly, there are no guarantees that air travel will experience a full rebound anytime soon.
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.
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.
From the start of the coronavirus pandemic, CreditRiskMonitor subscribers have experienced a new record in public company FRISK® scored bankruptcy filings between North America and Europe.
From the start of the coronavirus pandemic, CreditRiskMonitor subscribers have experienced an increase in public company FRISK® scored corporate failures* throughout North America.
