Sears Holdings Corporation has closed underperforming stores and cut costs, yet a hedge fund controlled by company CEO Eddie Lampert is now pushing for even more forceful financial restructuring to stave off bankruptcy.
Resources
Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
If history is any guide, all risk professionals need to prepare for a worldwide economic downturn today or otherwise risk playing catch-up tomorrow.
CreditRiskMonitor offers up five quick and important facts that you need to know about struggling JOANN Inc. to make a more solid business evaluation, which could include an alteration of credit extension or a pivot to a peer.
CreditRiskMonitor® offers up five quick and important facts that you needed to know about now-bankrupt WeWork Inc. to have made a more solid business evaluation – or, more advisable, an alteration of credit extension or a pivot to a peer.
The coronavirus has reignited challenges for Contura Energy, Inc. and for the coal industry in general, with the price of coal dropping towards multi-year lows.
In 2021, total liabilities from public company bankruptcies approached $77 billion, delivering formidable material losses to creditors and major disruptions to global supply chains.
The senior housing industry reported a significant share of the coronavirus illness cases, causing a collapse in occupancy. A considerable population decline in assisted living facilities could deliver a slew of corporate bankruptcies in the coming year.
Heavily indebted public companies - including perhaps theaters near you - are reeling as countries around the world shut their economies to slow the progress of COVID-19.
Today, bond rating agencies are downgrading corporate credit at a faster pace than any point in the last decade. The coronavirus has sapped product and services demand and disrupted global supply chains.