Resources

Adios, Grupo Posadas. COVID-19 and government-mandated lockdowns in Mexico strained the popular hotel operator's liquidity to the point of bankruptcy.

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.

Although crude oil prices snapped back in recent months, Denver-based Highpoint Resources filed bankruptcy not long after the publication of our High Risk Report.

For the second time in four years, Seadrill Limited is bankrupt. The company is the latest in a series of offshore rig firms to seek court protection from creditors following spending cuts by the energy sector in wake of the COVID-19 pandemic.

Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by the economic downturn brought on by COVID-19.

Out of gas: American propane giant Ferrellgas Partners L.P. has met bankruptcy after years of financial turmoil and ever-growing risk.

Bankruptcy is the biggest faux pas in fashion retail. What factors drove iconic women's clothing store Francesca's towards a Chapter 11 filing? We explore.

Bubble, bubble, oil, and trouble: Gulfport Energy Corporation's FRISK® score told our subscribers for more than a year that a bankruptcy filing could be imminent.

With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring.

Net Loss: Mile-high WiFi provider Global Eagle Entertainment Inc. has gone bankrupt, which is something our FRISK® score predicted could happen.

Engine failure: the bankruptcy of Briggs & Stratton Corporation was an event long suspected by CreditRiskMonitor subscribers who watched the company's fledgling FRISK® score on a daily basis.

California Resources Corporation could not stave off bankruptcy in 2020, hit simultaneously by a price war in oil & gas and the worldwide coronavirus pandemic.