Carillion PLC filed for compulsory liquidation at the start of 2018, putting an end to a ghastly and abrupt decline for the U.K. integrated support service operator. We tracked their decline in this unique Bankruptcy Case Study.
In the conclusion of a recent article by author Adam Fiore of The Real Deal, CreditRiskMonitor President William Danner spoke about the financial challenges facing Neiman Marcus Group LTD LLC.
CreditRiskMonitor President William Danner recently contributed an article for Food Logistics which took an in-depth look at the problem of corporate debt in the supply chain world.
A recent study of the last two completed calendar years showed that CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a 97.9% rate of success.
Read in-depth how crowdsourcing the wisdom of our uniquely positioned subscribers has enabled a significant enhancement of the CreditRiskMonitor FRISK® score, more accurately predicting corporate financial stress.
Bankruptcy risk is a specific area procurement professionals should focus upon when evaluating publicly held suppliers’ financial performance – especially given the effect of competitive pressures on corporate margins and daily news stories about growing levels of global debt.
Don’t let a small hot streak on the stock market fool you – Kodak’s financial security remains very much in question and provides a picture-perfect example of bankruptcy risk.
Crowdsourcing finds that hundreds of oil & gas companies continue to deal with financial distress in spite of the stabilization of energy commodity prices.