Blog

Blog Trade Risk Group is always striving to learn what is most important about current economic and financial conditions, and looks to consolidate the most useful information and provide it for the benefit of credit and risk management professionals.

Extra Credit – Fall 2014 Newsletter

Soft Credit Insurance Market Equals Opportunities for Credit Pros Things aren’t too bad now.  Right?  Business bankruptcies are down 52.9% in the first half of 2014 compared to the same period in 2009, when corporate bankruptcies hit their peak at 60,837. Many US...

Extra Credit – Summer 2014 Newsletter

Can a Company Use Chapter 11 to Shield Itself  from All Product Liability? An interesting legal question that will be playing itself out over the next number of months is whether a company’s Chapter 11 filing gives it the ability, once it has emerged from Chapter 11,...

Cash Flow Value of Credit Insurance

Recently, one of our clients had a potential claim with a covered customer in Mexico.  The customer was not insolvent, but they were not making any payment on the $135,000 that they owed.  Our insured decided to file a claim on their policy immediately, which allowed...

Domino Effect

Recently, hog producer Agfeed Industries filed for Chapter 11 bankruptcy protection.  One interesting factor about this bankruptcy is that, on paper prior to their filing, Agfeed did not set off any alarms about their financial condition.  The company had $244 million...