CreditRiskMonitor® conducted its Annual Shareholder Meeting on July 12, 2023 and Dr. Brigitte Muehlmann and Mrs. Lisa Reisman were elected as new members of its Board of Directors, effective immediately.
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CreditRiskMonitor recently interviewed Patrick Spargur, an experienced commercial debt collections executive, and former credit manager, on the economic downturn and relevant credit industry best practices to use in this challenging environment.
Resilinc Corporation and CreditRiskMonitor.com, Inc. are forming a partnership, aiming to enable Fortune 1000 organizations to achieve greater visibility when it comes to gauging financial health of suppliers and overall supply chain risk.
CreditRiskMonitor is proud to announce a new partnership with Esker, a worldwide leader in AI-driven process automation software used by more than 6,000 companies worldwide.
After surviving the COVID-19 pandemic, Rite Aid Corporation is still dealing with a heavy debt load and recurring net losses. Is bankruptcy nearing?
Oil and gas geosurveying company Ion Geophysical Corporation defaulted on its debt obligations earlier this year and announced forbearance and an amendment extension. The Houston-based company is the latest to fall during a post-COVID-19 energy crisis.
A dormant debt powder keg ignited in 2023; as bankruptcies continue to explode in 2024, risk professionals must set into motion a multi-faceted approach to financial risk evaluation.
With economies around the world on the brink of recession, or already in one, any professional monitoring financial risk needs to establish proper oversight now before commercial bankruptcies wreak greater havoc upon their portfolio.
Retailers left and right exited stage left and into bankruptcy this summer. CreditRiskMonitor has the read on a few potential industry giants who might not survive to see 2021.