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Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

Another thing trade creditors can study is companies that have defaulted or filed for bankruptcy. We’re going to look at the situations involving four well known companies that ended up in bankruptcy so we can better understand the circumstances that signal a commercial bankruptcy may be on the horizon. J.Crew Group, Inc.

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RMAI Update August 2024

RMAi Blog

In This Update We Loved Connecting at the 2024 Executive Summit! Last week, 175 executives gathered in beautiful Santa Ana Pueblo, NM for the 2024 Executive Summit. Public comments to the rule proposal were due August 12, 2024. 23-1952, 2024 U.S. 23-2512, 2024 U.S. RMAI submitted comments, which can be viewed here.

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Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Likewise, the construction and business services industries, accounting for nearly 20 percent of insolvencies last year, are projected to remain the hardest hit in 2024. Fitch Ratings forecasts U.S.

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Academic Roundup 2023-2024 With the Harvard Law School Bankruptcy Roundtable

Reorg Blog

Discover key insights from the 2023-2024 Academic Roundup with Harvard Law School Bankruptcy Roundtable, featuring analyses on evolving bankruptcy trends and international insolvency.

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Big Company Red Flags You Can't Afford to Miss

Your Virtual Credit Manager

Beware—Commercial Bankruptcies Are Accelerating In our current economic climate, watching out for customer red flags is essential. That’s because commercial bankruptcies have been rising and are expected to continue rising. Trustee Program estimates that bankruptcy filings will double over the next three years.

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Aryza Group’s Insights on Q3 2024 Insolvency and Lending Trends 

Collenda

Navigating Economic Challenges: Aryza Group’s Insights on Q3 2024 Insolvency and Lending Trends Aryza Group is pleased to share its analysis of recent trends in the individual and company insolvency market in England, Wales, and Northern Ireland from July to September 2024, based on the latest data released by the Insolvency Service.

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Iconic chain Red Lobster files for bankruptcy

Due

Red Lobster files for bankruptcy Red Lobster has taken a significant step, opting to sell the company’s assets and drastically reduce the number of its locations. ” Several American restaurants have been facing significant struggles since early 2024. The post Iconic chain Red Lobster files for bankruptcy appeared first on Due.