Alas, bankruptcy was the best fit for Sequential Brands Group, Inc., owner of Jessica Simpson, Joe's Jeans, And1, Avia, and other apparel brands. The company filed for Chapter 11 protection after failing to comply with the amended credit agreement.
With an enduring COVID-19 pandemic both weakening crude oil prices globally and sinking their revenue, Basic Energy Services, Inc. has opted for bankruptcy protection for the second time in five years.
Trouble Down Under? Metal mining equipment and services operator Boart Longyear Limited filed a Chapter 15 bankruptcy petition to gain recognition of its Scheme of Arrangement proceeding with primary interests in Australia.
CreditRiskMonitor offers up five quick and important facts that you need to know about SAS AB right now to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
CreditRiskMonitor’s 70%-accurate PAYCE® score is proving significantly more effective in providing early warning signals - and then predicting bankruptcy filings - than traditional trade payment summary models.
Will massive accrued debts soon take Salem Media Group, Inc. off the air and into bankruptcy court? If you want the lowdown on the financial peril this major media conglomerate is facing, tune into this High Risk Report.
No other financial risk service drills deeper than CreditRiskMonitor to find bankruptcy potential in major corporations. These days, we have our eye on Houston-based oil company KLX Energy Services Holdings, Inc.
CreditRiskMonitor offers up five quick and important facts that you need to know about Peabody Energy Corporation right now to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
Burn, baby, burn. We spotlight some nameworthy players in the energy and retail sectors who have been burning through cash and racking up debt in order to outrun the economic downturn brought on by the COVID-19 pandemic.