Although the story can be significantly different for every single public company that finds itself faced with bankruptcy, there's one familiar trend: payment data repeatedly misses the risk.
Based on Neiman Marcus Group LTD LLC’s bottom-rung FRISK® score of “1,” trade creditors must perform deep financial analysis and take extra care when dealing with the company.
CreditRiskMontior joined with law firm Lowenstein Sandler LLP to discuss the impact that private equity and hedge funds have on trade creditors’ rights, particularly in the retail sector. Join us for a webinar on the impact that private equity and hedge funds have on trade creditors’ rights, particularly in the retail sector.
CreditRiskMonitor weighs in upon high-debt Harley-Davidson, Inc.'s potential troubles in the event of a trade war in this July 2018 article from RetailDive's Shefali Kapadia.
CreditRiskMonitor CEO Jerry Flum and Senior VP Peter Roma recently spoke with PYMNTS.com on why public company debt should scare creditors as it relates to bankruptcy risk.
Commodities trader Noble Group Limited is in talks with creditors to restructure its debt. Their FRISK® score is in the high-risk "red zone," warning risk professionals of Noble Group's poor financial condition.
Toys “R” Us filed for bankruptcy right before the holiday season in 2017 as suppliers began to restrict access to trade credit, setting in motion a liquidity crunch.