Resources

Scandinavian airliner SAS AB has been grounded by bankruptcy, toiling for many months on a tightrope due to massive debt and a global COVID-19 pandemic which cut deep into their revenue in recent years.

American cosmetics giant Revlon, Inc. hit bankruptcy after years of poor C-Suite stewardship and a seemingly all-or-nothing bet on the perpetual survival of brick-and-mortar department stores. We investigate a long descent into Chapter 11.

Online automotive retailer Carvana is rapidly burning through cash and sought out private equity financing as banks were unwilling to carry the risk. Before you extend credit, you may want to pump the brakes.

Out of order: banking and retail solutions provider Diebold Nixdorf, Inc. is experiencing a cash crunch due to elevated costs related to the COVID-19 pandemic and the Russia/Ukraine conflict. Can the company avoid bankruptcy?

Floored by this bankruptcy? If you paid attention to Armstrong Flooring, Inc.'s FRISK® score in recent months, you wouldn't have been surprised by their Chapter 11 filing.

Financial risk is never convenient. For popular British bodega proprietor McColl's, we provide a snack-sized breakdown of their recent fall into administration and show how you can spot signs of financial distress using the FRISK® score.

After surviving the COVID-19 pandemic, Rite Aid Corporation is still dealing with a heavy debt load and recurring net losses. Is bankruptcy nearing?

China-based property developer China Aoyuan Group Limited defaulted on its bonds and rating agencies withdrew their ratings in January. Additionally, its auditor resigned. Could the company be on the brink of insolvency?

Oil and gas geosurveying company Ion Geophysical Corporation defaulted on its debt obligations earlier this year and announced forbearance and an amendment extension. The Houston-based company is the latest to fall during a post-COVID-19 energy crisis.