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.
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In 2025, U.S. corporate bankruptcies increased for the third consecutive year. Total Chapter 11 and Chapter 7 bankruptcies climbed above 22,000, about 18% higher than the 10-year average of 18,700. Trailing 12-month Q3 2025 bankruptcy filings also reached a 11-year high, according to U.S. Courts data.
Will massive accrued debts soon take Salem Media Group, Inc. off the air and into bankruptcy court? If you want the lowdown on the financial peril this major media conglomerate is facing, tune into this High Risk Report.
CreditRiskMonitor.com, Inc. is pleased to announce that its SupplyChainMonitor™ solution has been recognized once again as a top procurement technology – now in the Spend Matters Fall 2025 SolutionMap.
¡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.
Scandinavian Airliner SAS AB could soon be sending out a Chapter 11 S.O.S. If you're one of their creditors, what proactive steps will you take to avoid a major write-down if bankruptcy comes?
CreditRiskMonitor® conducted its Annual Shareholder Meeting on July 12, 2023 and Dr. Brigitte Muehlmann and Mrs. Lisa Reisman were elected as new members of its Board of Directors, effective immediately.
CreditRiskMonitor.com, Inc. (OTCQX: CRMZ) today announced that its Board of Directors has appointed Madhav Kale as its Chief Technology Officer, effective September 18, 2025.
CreditRiskMonitor.com, Inc. (OTCQX:CRMZ) is pleased to announce that its SupplyChainMonitor™ solution has been recognized as a top procurement technology in the Spend Matters Fall 2024 SolutionMap.