Multiple regulation violations in the securities market coupled with the bizarre departure of company chairman Jianming Zhou were among the deathblows for Chinese polymer producer Jiangsu Dewei, who filed for Chapter 15 bankruptcy just before the new year.
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No two public companies are cut from the exact same cloth, yet the telltale signs of potential bankruptcy shown by craft retailer JOANN Inc. are universal: lots of leverage, recurring net losses, and negative free cash flow.
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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?
As the world reels from the effects of COVID-19, Quorum Health Corporation - a major American healthcare provider and operator of hospitals in 13 U.S. states - has filed for bankruptcy.
In the world of “vCommerce,” Qurate Retail, Inc. – parent company of television shopping mainstay QVC – sits as king. Massive leverage and better capitalized competition, however, could knock the company off its throne and into bankruptcy before long.