Resources

¡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.

Hertz Global Holdings, Inc., a global superstar in rent-a-car, was taken out of the driver's seat and into bankruptcy thanks to many factors - including a propensity to load up on debt and the ongoing coronavirus pandemic.

CreditRiskMonitor reported operating revenues of $4.6 million, an increase of approximately $253 thousand or 6%, for the three months ended March 31, 2023, as compared to the first quarter of fiscal 2022.

Animal pharma leader Akorn, Inc. had been in bankruptcy danger for several years. When a stern warning from the FDA and a failed takeover bid derailed their business, they were left with nowhere else to turn.

A popular technology solutions provider to the energy sector, Houston-based McDermott International, Inc. has met Chapter 11 bankruptcy - a fate which wouldn't have surprised vigilant CreditRiskMonitor subscribers.

CreditRiskMonitor reported that operating revenues of $18 million, an increase of approximately $1 million or 5%, for the year ended December 31, 2022, as compared to 2021.

CreditRiskMonitor and Allianz Trade, the world’s leading trade credit insurer, are pleased to announce the approval of CreditRiskMonitor as a Discretionary Credit Limit (DCL) report provider in the U.S.

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