Hertz Global Holdings, Inc., a global superstar in rent-a-car, was taken out of the driver's seat and into bankruptcy thanks to many factors - including a propensity to load up on debt and the ongoing coronavirus pandemic.
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Bankruptcy Case Study
Bankruptcy Case Study
… a risk to the public.” Amidst the turmoil, Akorn Inc.'s FRISK score was fixed at a "1," with the company's market cap …
Animal pharma leader Akorn, Inc. had been in bankruptcy danger for several years. When a stern warning from the FDA and a failed takeover bid derailed their business, they were left with nowhere else to turn.
Bankruptcy Case Study
… After all, the company had been firmly entrenched in the FRISK score "red zone" for more than a year's time: Image This …
A popular technology solutions provider to the energy sector, Houston-based McDermott International, Inc. has met Chapter 11 bankruptcy - a fate which wouldn't have surprised vigilant CreditRiskMonitor subscribers.
Press Release
CreditRiskMonitor.com, Inc. (OTCQX:CRMZ) is pleased to announce that its SupplyChainMonitor™ solution has been recognized as a top procurement technology in the Spend Matters Fall 2024 SolutionMap.
Press Release
… platform, SupplyChainMonitor™ in May, the updated PAYCE score which improved accuracy and expanded coverage, and … will be working toward releasing an updated version of the FRISK score, potentially a third-party ESG add-on, business …
CreditRiskMonitor reported that operating revenues of $18 million, an increase of approximately $1 million or 5%, for the year ended December 31, 2022, as compared to 2021.
Press Release
CreditRiskMonitor and Allianz Trade, the world’s leading trade credit insurer, are pleased to announce the approval of CreditRiskMonitor as a Discretionary Credit Limit (DCL) report provider in the U.S.
Bankruptcy Case Study
… prices had plunged 92% in the past 12 months. The company’s FRISK score had been a flat “1” for the last few years: Image … …
California Resources Corporation could not stave off bankruptcy in 2020, hit simultaneously by a price war in oil & gas and the worldwide coronavirus pandemic.
Press Release
CreditRiskMonitor® reported operating revenues of $4.7 million, an increase of approximately $232 thousand or 5%, for the second quarter of fiscal 2023 compared to the same period of fiscal 2022.
Press Release
… relative to last year, and within our coverage universe of FRISK and PAYCE scored businesses, bankruptcies are almost 2.5 times greater …
CreditRiskMonitor reported operating revenues of $4.8 million, an increase of approximately $245 thousand or 5%, for the third quarter of fiscal 2023 compared to the same period of fiscal 2022.