Resources

Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.

Blog Post
Most trade payments only become past due after a bankruptcy filing. Thus, unsecured creditors are given a false sense of security and after months - or years - of legal proceedings and obtain infinitesimal recovery rates.
Most trade payments only become past due after a bankruptcy filing. Thus, unsecured creditors are given a false sense of security and after months - or years - of legal proceedings and obtain infinitesimal recovery rates.

Bizarre Corporate Bankruptcies: The FRISK® Score Provides Warning

Most trade payments only become past due after a bankruptcy filing. Thus, unsecured creditors are given a false sense of security and after months - or years - of legal proceedings, they recover pennies on the dollar.

Tags
FRISK ScoreLATAMNorth America
Blog Post
What are the root causes of the failure of risk models to provide adequate warning? After nearly 25 years of company operation and observation, CreditRiskMonitor® has identified four common problems among competing risk models.
What are the root causes of the failure of risk models to provide adequate warning? After nearly 25 years of company operation and observation, CreditRiskMonitor® has identified four common problems among competing risk models.

Four Predictive Model Pitfalls: Bankruptcy Scars Are Painful for Risk Professionals

What are the root causes of the failure of risk models to provide adequate warning? After nearly 25 years of company operation and observation, CreditRiskMonitor® has identified four common problems among competing risk models.

Tags
FRISK ScorePAYCE ScoreCloaking Effect
Bankruptcy Case Study
Lights, Camera, Bankrupt. Our FRISK® score broadcasted the financial dangers hidden within Minnesota-based media company iMedia Brands, Inc., a debt-laden enterprise hurt by declining cable TV subscribers and inflation.
Lights, Camera, Bankrupt. Our FRISK® score broadcasted the financial dangers hidden within Minnesota-based media company iMedia Brands, Inc., a debt-laden enterprise hurt by declining cable TV subscribers and inflation.

iMedia Brands, Inc.

Lights, Camera, Bankrupt. Our FRISK® score broadcasted the financial dangers hidden within Minnesota-based media company iMedia Brands, Inc., a debt-laden enterprise hurt by declining cable TV subscribers and inflation.

Tags
FRISK ScoreRetailNorth America
Bankruptcy Case Study
Powering down: IT infrastructure leader Cyxtera Technologies filed for bankruptcy protection in the wake of major losses and on the eve of fast-arriving debt maturities.
Powering down: IT infrastructure leader Cyxtera Technologies filed for bankruptcy protection in the wake of major losses and on the eve of fast-arriving debt maturities.

Cyxtera Technologies, Inc.

Powering down: IT infrastructure leader Cyxtera Technologies filed for bankruptcy protection in the wake of major losses and on the eve of fast-arriving debt maturities.

Tags
FRISK ScoreTechnologyNorth America
Bankruptcy Case Study
Struggling with debt and declining sales, ATM and Point of Sale tech manufacturer Diebold Nixdorf, Inc. has filed for Chapter 11 protection. Our subscribers, armed with the FRISK® Score, would have made an early withdrawal before bankruptcy struck.
Struggling with debt and declining sales, ATM and Point of Sale tech manufacturer Diebold Nixdorf, Inc. has filed for Chapter 11 protection. Our subscribers, armed with the FRISK® Score, would have made an early withdrawal before bankruptcy struck.

Diebold Nixdorf, Inc.

Struggling with debt and declining sales, ATM and Point of Sale tech manufacturer Diebold Nixdorf, Inc. has filed for Chapter 11 protection. Our subscribers, armed with the FRISK® Score, would have made an early withdrawal before bankruptcy struck.

Tags
FRISK ScoreFinancialTechnologyNorth America
Blog Post
In the case of Bed Bath & Beyond, CreditRiskMonitor subscribers were hit with big, flashing warning signals in the form of our proprietary FRISK® score nearly one full year before the most distressing headlines hit the mainstream.
In the case of Bed Bath & Beyond, CreditRiskMonitor subscribers were hit with big, flashing warning signals in the form of our proprietary FRISK® score nearly one full year before the most distressing headlines hit the mainstream.

Bed Bath & Beyond: All Bankruptcies Have a Familiar Rhythm

CreditRiskMonitor® describes some of the key themes of the Bed Bath & Beyond Bankruptcy Case Study and some of the "rhymes" you'll find with past and future bankruptcy situations.

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FRISK Score
Blog Post
A recent IMF report has highlighted a surge in instability within nonfinancial corporations. As the potential for mass economic failure mounts, CreditRiskMonitor is providing the daily markers that effectively signal on the counterparties in your portfolio that hold the most extreme bankruptcy risk potential.
A recent IMF report has highlighted a surge in instability within nonfinancial corporations. As the potential for mass economic failure mounts, CreditRiskMonitor is providing the daily markers that effectively signal on the counterparties in your portfolio that hold the most extreme bankruptcy risk potential.

Global Corporate Financial Stress Signals Looming Bankruptcies, Failures

A recent IMF report has highlighted a surge in instability within nonfinancial corporations. As the potential for mass economic failure mounts, CreditRiskMonitor® is providing the daily markers that effectively signal on the counterparties in your portfolio that hold the most extreme bankruptcy risk potential.

Tags
FRISK Stress IndexFRISK Score
Bankruptcy Case Study
Chemicals products manufacturer Venator Materials PLC could not dig up enough capital to stave off bankruptcy. Here are the major factors that led into the company's downfall.
Chemicals products manufacturer Venator Materials PLC could not dig up enough capital to stave off bankruptcy. Here are the major factors that led into the company's downfall.

Venator Materials PLC

Bankruptcy has claimed British chemical manufacturer Venator Materials PLC after years of struggle with both high European energy costs and waning demand.

Tags
FRISK ScoreBasic Materials
Press Release
CRMZ Press Release Thumb image

CreditRiskMonitor Announces First Quarter Results

CreditRiskMonitor® reported operating revenues of $4.6 million, an increase of approximately $253 thousand or 6%, for the three months ended March 31, 2023, as compared to the first quarter of fiscal 2022.

Bankruptcy Case Study
A continuing deterioration in operating performance and intense pricing pressure from competitors were tough pills to swallow for generic pharmaceutical manufacturer Lannett Company, Inc., ultimately leading to its bankruptcy.
A continuing deterioration in operating performance and intense pricing pressure from competitors were tough pills to swallow for generic pharmaceutical manufacturer Lannett Company, Inc., ultimately leading to its bankruptcy.

Lannett Company, Inc.

Continuing deterioration in operating performance and intense pricing pressure from competitors were tough pills to swallow for generic pharmaceutical manufacturer Lannett Company, Inc., ultimately leading to its bankruptcy.

Tags
FRISK ScoreHealthcare
Press Release
CRMZ Press Release Thumb image

CreditRiskMonitor Announces Michael Flum Appointed as CEO; Jerry Flum Will Remain As Executive Chairman

CreditRiskMonitor® today announced that its Board of Directors has appointed Michael Flum, the Company’s President and Chief Operating Officer, as CreditRiskMonitor®’s next Chief Executive Officer. 

Bankruptcy Case Study
Cash-strapped home goods retailer Bed Bath & Beyond is now bankrupt, capping one of the craziest documented descents into Chapter 11 seen by our clients in some time.
Cash-strapped home goods retailer Bed Bath & Beyond is now bankrupt, capping one of the craziest documented descents into Chapter 11 seen by our clients in some time.

Bed Bath & Beyond, Inc.

Cash-strapped home goods retailer Bed Bath & Beyond is now bankrupt, capping one of the craziest documented descents into Chapter 11 seen by our clients in some time.

Tags
RetailFRISK ScoreNorth America