TerraVia, a food and kindred products company, filed for bankruptcy in August 2017. CreditRiskMonitor's FRISK® Score consistently indicated that the company was the one of the riskiest within a declining industry.
Multi-billion dollar utility GenOn Energy Inc. filed for Chapter 11 bankruptcy restructuring on June 14, 2017. This outcome primarily resulted from GenOn's excessive debt load and persistent weakness in natural gas prices.
Gymboree filed for Chapter 11 bankruptcy on June 11th, shortly after defaulting on its debt. This struggling retailer is another example of the ongoing credit risks still percolating across the retail industry.
Adeptus Health recently filed for bankruptcy and creditors may have missed the early warning signs. Adeptus Health's FRISK® score, however, caught the trouble as it signaled increasing financial risk over the last twelve months.
Unilife Corporation (NASDAQ:UNIS) is one of the latest casualties in the medical equipment and supplies industry, a space that warrants increasing attention from risk professionals today.
Ezra Holdings Limited (SGX:5DN) is a Singapore-based company, which is an offshore contractor and provider of integrated offshore solutions to the oil and gas industry.
The Company filed bankruptcy on March 18, 2017.
Gordmans Stores, Inc. (NASDAQ:GMAN) is an everyday value price department store, operating as a hybrid of specialty, department store and off-price retailers.
The Company filed bankruptcy on March 13, 2017.
hhgregg, Inc. (OTC:HGGG) is an appliance, electronics and furniture retailer. The Company sells a range of appliances, audio products, computers, consumer electronics, mattresses and tablets.
Vanguard Natural Resources, LLC is focused on the acquisition and development of oil and natural gas properties in the United States.
The Company filed bankruptcy on February 1, 2017.