Bankruptcy Case Studies

Post-filing analyses of recent bankruptcies

Gain unique insights into the business and financial decline that precedes bankruptcy - and how our solutions can help predict bankruptcy amongst your company's counterparties.

CreditRiskMonitor® Bankruptcy Case Studies provide post-filing analyses of public company bankruptcies. Our case studies educate subscribers about methods they can apply to assess bankruptcy risk using our proprietary FRISK® score, robust financial database, and timely news alerts.

In nearly every case, a low FRISK® score gave our subscribers early warning of financial distress within a one-year time horizon. Our proprietary FRISK® score predicts bankruptcy risk at public companies with 96% accuracy. The score is formulated by a number of indicators including stock market capitalization and volatility, financial ratios, agency ratings, and crowdsourced behavioral data from a subscriber group that includes nearly 40% of the Fortune 1000 and thousands more worldwide.

Whether you are new to credit analysis or have decades of experience under your belt, CreditRiskMonitor® Bankruptcy Case Studies offer unique insights into the business and financial decline that precedes bankruptcy.

Bankruptcy Case Study
CreditRiskMonitor

Trouble Down Under? Metal mining equipment and services operator Boart Longyear Limited filed a Chapter 15 bankruptcy petition to gain recognition of its Scheme of Arrangement proceeding with primary interests in Australia.

Bankruptcy Case Study

Although crude oil prices snapped back in recent months, Denver-based Highpoint Resources filed bankruptcy not long after the publication of our High Risk Report.

Bankruptcy Case Study
CreditRiskMonitor

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.

Bankruptcy Case Study

Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by the economic downturn brought on by COVID-19.

Bankruptcy Case Study
CreditRiskMonitor

Out of gas: American propane giant Ferrellgas Partners L.P. has met bankruptcy after years of financial turmoil and ever-growing risk.

Bankruptcy Case Study

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.

Bankruptcy Case Study
CreditRiskMonitor

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.

Bankruptcy Case Study
CreditRiskMonitor

With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring.

Bankruptcy Case Study

Net Loss: Mile-high WiFi provider Global Eagle Entertainment Inc. has gone bankrupt, which is something our FRISK® score predicted could happen.

Bankruptcy Case Study
CreditRiskMonitor

Engine failure: the bankruptcy of Briggs & Stratton Corporation was an event long suspected by CreditRiskMonitor subscribers who watched the company's fledgling FRISK® score on a daily basis.

Bankruptcy Case Study

California Resources Corporation could not stave off bankruptcy in 2020, hit simultaneously by a price war in oil & gas and the worldwide coronavirus pandemic.

Bankruptcy Case Study
CreditRiskMonitor

¡Ay, Caramba! The coronavirus has grounded Grupo Aeroméxico SAB de CV, but their heavy debt load preceding the pandemic made the Mexican airliner a bankruptcy risk for many years prior.

More CreditRiskMonitor® Resources