More than one full year into restrictive stay-at-home orders across the globe and with vaccinations being administered slowly, there are no guarantees that air travel will experience a full rebound anytime soon.
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.
CreditRiskMonitor subscribers were the first to see the danger in now-bankrupt propane giant Ferrellgas Partners. The keys to successful risk evaluation were regularly keeping a keen eye upon the FRISK® score and not being swayed by payment data.
There is hope for U.S. senior housing companies, as COVID-19 will one day relent despite claiming more than 400,000 lives – and counting. It is unclear, however, if all operators will make it to the end of the pandemic without meeting bankruptcy first.
The U.S. oil and natural gas sector has been struggling to deal with low energy prices, a problem that was exacerbated when COVID-19 shuttered economies around the world. We survey the landscape for bankruptcy risk.
Amazon’s push into the prescription delivery market along with COVID-19 have had varying impacts on retail pharmacies. For merchandise vendors selling to Rite Aid Corporation, now is the time to evaluate risk exposure.
Knowledge of how and when to react to a business defaulting is essential; cutting ties with a customer or supplier too soon could lead to a missed sales opportunity, while being too late can result in financial loss.