Pump the brakes on credit extension? Sustained demand weakness and cumbersome debt load have us thinking twice about auto parts manufacturer Cooper-Standard Holdings Inc.
American cosmetics giant Revlon, Inc. hit bankruptcy after years of poor C-Suite stewardship and a seemingly all-or-nothing bet on the perpetual survival of brick-and-mortar department stores. We investigate a long descent into Chapter 11.
Adios, Grupo Posadas. COVID-19 and government-mandated lockdowns in Mexico strained the popular hotel operator's liquidity to the point of bankruptcy.
Oil and gas geosurveying company Ion Geophysical Corporation defaulted on its debt obligations earlier this year and announced forbearance and an amendment extension. The Houston-based company is the latest to fall during a post-COVID-19 energy crisis.
Highly leveraged Lucira Health, Inc., maker of at-home COVID-19 and flu tests, went bankrupt after pandemic restrictions universally eased and demand for company wares subsequently plummeted.
For the second time in six years, Avaya Holdings Corporation is filing for bankruptcy protection. The multinational tech firm struggled to hit earnings targets in 2022 as it continues to fully convert its business model to the cloud.
Are the Rockies tapped? According to our FRISK® score, Denver-based natural gas giant HighPoint Resources Corporation is showing signs of major financial duress.
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.
CEOCFO Magazine recently spent some time with CreditRiskMonitor President & COO, Mike Flum, to learn about our company and the treacherous landscape both credit and procurement risk evaluators are traversing in this age of rising debt, inflation, and interest rates the world over