Bankruptcy Case Studies for Credit Risk Analysis
FAT Brands Inc.
Our bankruptcy case study of FAT Brands, parent company of Johnny Rockets, shows that the FRISK® Score flagged elevated bankruptcy risk more than a year before the filing. The FRISK® Score identified elevated bankruptcy risk 12 months prior to its filing. Most importantly, crowdsourced intelligence triggered a downgrade to a FRISK® Score of “1” using […]
First Brands Group
First Brands Group, a large privately-held auto parts manufacturer, filed for Chapter 11 bankruptcy protection. Our AI-driven PAYCE® Score warned of elevated bankruptcy risk for over a year, whereas the Payment Behavior Score continuously signaled prompt payments.
Tricolor Auto Group
In September, Tricolor Auto Group, a privately-held auto dealer and subprime lender, filed for Chapter 7 bankruptcy liquidation. Our 80%-accurate PAYCE® Score warned of elevated bankruptcy risk for 12 consecutive months, enabling clients to identify and mitigate risk exposure. Learn how our AI-driven financial risk analytics provide clear, actionable insights every day.
Wolfspeed, Inc.
Wolfspeed, Inc., a major semiconductor manufacturer, represented one of the largest bankruptcy filings thus far in 2025. Partners and suppliers collectively reported billions of unsecured financial risk exposure in Wolfspeed’s bankruptcy petition. Download the report to learn more!
Del Monte Foods Holdings Limited
On July 1, 2025, Del Monte Foods filed for bankruptcy – leaving approximately $74 million in unsecured claims exposed. Specific to this case study, see how the Confidential Financial Statements Solution provides financial risk insights on private company counterparties!
WW International, Inc.
When WW International (Weight Watchers) filed for bankruptcy, credit professionals relying solely on financial-based models like the Z”-Score did not detect the company’s financial distress. CreditRiskMonitor’s 96%-accurate FRISK® Score – a real-time, hybrid model – flagged WW International’s financial distress well in advance, offering a crucial early warning. This case underscores the power of combining […]
The Container Store Group, Inc.
Specialty retailer, The Container Store Group, Inc., filed for bankruptcy on December 22, 2024. The FRISK® Score had signaled the company’s financial distress for 12 consecutive months, providing early warning to subscribers. Yet the company’s Days Beyond Terms Index, a measure of historical trade payment performance, persistently indicated prompt payment behavior. The divergence between these […]
Big Lots, Inc.
Major discount retailer, Big Lots, Inc. filed for bankruptcy on September 9, 2024. Importantly, both payment-based (DBT Index) and financial-only based models (Z’’-Score) failed to warn about this company’s bankruptcy risk. Conversely, the FRISK® Score provided warning for more than a year, enabling clients to mitigate their trade credit exposure.
Gol Linhas Aereas Inteligentes SA
Brazilian airliner Gol Linhas Aereas Inteligentes SA is now bankrupt, grounded by massive debt incurred in the wake of the COVID-19 pandemic.
Audacy, Inc.
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.
Unique Fabricating, Inc.
In this Bankrupt Supplier Report, the recent bankruptcy of Unique Fabricating, Inc. is explored: why this supplier was in trouble, which SupplyChainMonitor features provided early warning of the company’s various risks, and what procurement professionals could have done – and must do in the future – to keep their supply chain intact when faced with […]
WeWork Inc.
WeWork Inc.’s bankruptcy was an event our subscribers were well prepared for, as the former high-flying startup was burning cash at a time of incredible disruption in the commercial real estate market.