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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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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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Market Participants Express Nuanced Views on Hospitals in 2024; More Systems Decide to Pursue Bankruptcy as Business Tactic

Reorg Blog

The post Market Participants Express Nuanced Views on Hospitals in 2024; More Systems Decide to Pursue Bankruptcy as Business Tactic appeared first on Reorg.

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Credit and Finance Need to Make Moves Against Fast-Rising Bankruptcy Levels

Emagia

As NACM Connect ’s Great Lakes Conference closed the final in its trio of fall conferences in Ohio this week, experts from law practices like Lowenstein Sandler LLP and credit report giant Experian warned that corporate bankruptcy numbers are trending worse than any time since the pandemic began about 3 ½ years ago. “We

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So Where is the Economy Headed? A Review of Ryo Tashiro’s Presentation

Credit Research Foundation

What is true is that bankruptcies are up and there is more risk in the economy than we have seen in the past several years. CRF was fortunate to have Ryo Tashiro, Outreach Economist from the Philadelphia Federal Reserve, speak in our 2024 webinar series and provide clarity across the economic landscape.

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LSQ Creates $2MM in Invoice Finance Facilities for N.Y.-based Software Companies

lsq

May 6, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated twin $1 million accounts receivable finance facilities ($2 million total) for sister software firms offering access management SAAS solutions for numerous industry verticals. ORLANDO, Fla.

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LSQ Creates $3.5MM Invoice Finance Facility for Hospitality/IT Staffing Firm

lsq

May 1, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $3.5 We can help companies of all sizes and stages solve for high growth, challenged credits, tripped covenants, high debtor concentrations and bankruptcies. ORLANDO, Fla. The company was referred to LSQ by a bank partner.