Resources

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.

The seismic data survey industry appears to be sinking; can Norwegian company PGS ASA stay afloat in 2021 in the midst of an oil price crisis?

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.

Are the Rockies tapped? According to our FRISK® score, Denver-based natural gas giant HighPoint Resources Corporation is showing signs of major financial duress.

Metallurgical and thermal coal producer Contura Energy Inc. emerged from Chapter 11 in late 2018. Two years later, challenges presented by COVID-19 might soon put the company back into bankruptcy court.

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.

CreditRiskMonitor recently interviewed Patrick Spargur, an experienced commercial debt collections executive, and former credit manager, on the economic downturn and relevant credit industry best practices to use in this challenging environment.

More and more, it looks like until the COVID-19 pandemic dies down, creditors should keep a close eye on Europcar Mobility Group SA. The Parisian rental car company's finances are stalling out.

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.