Independent thinking for complex markets and current events
by Michael As I write this article, large explosions are being reported all over Iran. Does this mean that the “Memorandum of Understanding” is doomed? Iran made a very foolish move when it decided to start attacking commercial vessels in the Strait of Hormuz again. It was inevitable that the U.S. would respond militarily, and this time …
Precious metals investors saw their holdings skyrocket in value in 2024 and 2025, which was great news for them, but bad news for some dealers, such as Rosland Capital LLC. Rosland Capital filed for a Chapter 11 liquidation facing distress from declining profitability compounded by an unsustainable order fulfillment model amid record precious metals prices. …
by Michael The Great Middle East War has been raging for more than two and a half years, but the vast majority of the population still does not understand the full importance of this conflict. This isn’t just another Middle Eastern crisis that will come and go. The truth is that this is the big …
POPEYES FRANCHISE GOES BROKE ON $233M IN CHICKEN One of the largest Popeyes franchise operators in the U.S. just filed for Chapter 11 after losing $18.8 million despite generating about $233 million in sales. The company, Sailormen Inc., has already closed more than 20 locations while thousands of employees wait to see which stores survive …
A national pizza chain is the latest victim in the decline of fast-casual dining. The Little Brown Box Pizza, parent company of Pieology Pizzeria, filed for bankruptcy earlier this week, according to QSR Magazine. The chain, founded in 2011, listed between $100,000 and $500,000 in assets and $1 million and $10 million in liabilities. The …
via theburningplatform “China has been understating its gold reserves by possibly a factor of 10. I believe this is the biggest story in world finance. The West is either asleep at the wheel or ignoring it.” – Dominic Frisby The Financial Times reported that China is under-reporting their gold reserves, subversively hiding the fact they have accumulated …
MTG JUST PULLED OFF THE SMARTEST POLITICAL MOVE OF HER CAREER Everyone’s treating Marjorie Taylor Greene’s resignation like a loss. They’re missing the entire point. MTG didn’t quit because Trump scared her off. She quit because she’s playing the long game, and fighting a Trump-funded primary smear campaign 2 months before election season kicks off …
Here is the list of subprime lenders and related firms that have recently collapsed or filed for bankruptcy: Tricolor – Subprime auto lender and used car retailer; filed for Chapter 7 bankruptcy in September 2025 amid fraud allegations and triggered major losses for Barclays First Brands – Auto parts supplier with deep ties to subprime …
Chapter 7 Individual Bankruptcy Filings Jump 15 Percent In First 9 Months Of 2025 — NewsWire (@NewsWire_US) October 6, 2025 A total of 249,152 individual Chapter 7 bankruptcy filings were made in the first nine months of this year in the United States, which is a 15 percent jump compared to the same period last …
Tricolor Auto Holdings just blew up, and the fallout is spreading fast. What was once a quiet giant in subprime car lending has collapsed into Chapter 7 bankruptcy. Cars are gone, loans are unpaid, and billions in debt are floating in the system with nowhere to land. But the real danger isn’t the bankruptcy itself, …
The collapse isn’t theoretical. It’s procedural. Spirit Airlines filed for Chapter 11 bankruptcy protection for the second time in less than a year. The company emerged from its last restructuring in March. By August, it was back in court. Again. https://www.cnbc.com/2025/08/29/spirit-airlines-chapter-11-bankruptcy.html “Spirit Airlines filed for Chapter 11 bankruptcy protection for the second time in less …
The pizza restaurant sector has faced economic hardship and several bankruptcy filings in 2024, as a result of the lingering effects of the Covid-19 pandemic, inflation that led to rising food and labor costs, and changes in consumer attitudes toward dining. Seattle-based Mod Pizza is one chain that faced financial distress and considered a bankruptcy …
The automobile industry has faced financial distress in 2024 leading to Chapter 11 bankruptcy filings. Electric vehicle startup Fisker Group on June 17 filed for Chapter 11 bankruptcy, citing various market and macroeconomic headwinds, and shut down all operations. Fisker had begun deliveries of its Ocean battery-electric crossover SUV in 2023 to compete with Tesla, …
TGI Fridays, once a popular dining destination, is preparing for Chapter 11 bankruptcy. Facing financial challenges, the chain has struggled to keep up with changing consumer tastes and rising competition from fast-casual eateries. As part of its survival efforts, TGI Fridays has closed 50 U.S. locations this year, with the latest closures in Virginia, Pennsylvania, …
Chapter 11 bankruptcy filings have seen an upward trend. In the twelve-month period ending June 30, 2024, personal and business bankruptcy filings in the United States rose 16.2 percent compared to the previous year. Annual bankruptcy filings totaled 486,613, up from 418,724 cases in the prior year. Business filings surged by 40.3 percent, reaching 22,060, while non-business filings increased by 15.3 percent to 464,553. BREAKING: The number of …
After months of financial struggles, Redbox parent Chicken Soup for the Soul Entertainment has filed for Chapter 11 bankruptcy protection. The company relayed news of the Delaware court filing in a message to employees in the early hours of Saturday. “Overnight we filed for Chapter 11 bankruptcy protection,” the message said. “In connection with the …
Nautilus Holdings Ltd, a Bermuda-chartered company that leases container ships, filed for Chapter 11 bankruptcy protection in New York. The company, burdened with approximately $770 million in debt, sought this protection to bring creditors into a single forum for negotiations. Nautilus operates a fleet of 16 container ships, each with capacities of up to 7,000 …
https://insight.factset.com/cautious-optimism-for-capital-markets-coming-out-of-1q24 https://www.uscourts.gov/statistics-reports/analysis-reports/bankruptcy-filings-statistics/bankruptcy-statistics-data In 2023, Chapter 11 bankruptcy filings skyrocketed by 72%, reaching a total of 6,569, as revealed by data from Epiq AACER. The surge, attributed to rising interest rates and inflation, pushed highly leveraged organizations to the brink. Additionally, Subchapter V elections within Chapter 11, aimed at small businesses, surged by 45% to 1,939 …
Ambri, a company on the cutting edge of developing liquid metal batteries with backing from Bill Gates, has hit a financial snag and filed for bankruptcy. The company cites a tough time raising funds and disputes with a landlord and contractor as the culprits, issues that surfaced when expansion plans were scrapped. The Wall Street …
April 24, 2024 A message from our Founder: TGP Communications, the parent company of The Gateway Pundit, recently made the decision to seek protection under Chapter 11 of the United States Bankruptcy Code in the Southern District of Florida as a result of the progressive liberal lawfare attacks against our media outlet. This is not …
by Michael How is this cycle of escalation going to end? Each day, either Hezbollah or Israel is escalating matters to a dangerous new level. A war between the two parties has already begun, and at this point I don’t see any way to avoid a full-blown regional war that will result in tremendous death …
Restaurants operate on razor-thin margins, so small changes in their operating environments can leave them vulnerable to dipping from profit to loss. In the current economic climate, a number of things that put restaurant chains at risk have gone wrong. First, supply-chain issues have driven prices higher and made some products hard to obtain. On a …
⚠️CHINESE PROPERTY GIANT EVERGRANDE BANKRUPT – NY COURT — Don Johnson (@DonMiami3) August 17, 2023 WOW!CHINA’S SECOND LARGEST PROPERTY DEVELOPER #EVERGRANDE HAS JUST FILED FOR BANKRUPTCY Chapter 15 bankruptcy protection (NY) pic.twitter.com/2x9mPowevW — jeroen blokland (@jsblokland) August 17, 2023 👀 pic.twitter.com/M2Ge4Cxn36 — Genevieve Roch-Decter, CFA (@GRDecter) August 17, 2023
It’s a tale as old as time… well at least for the past fifteen years or so when we look at the EV industry. EV battery and vehicle platform specialist Proterra is the latest company to join an infamous list of electrified tech companies who have filed for Chapter 11 bankruptcy. What does this mean …
by confoundedinterest17 Biden’s massive spending spree (aka, Build Back Better) has a new name: Build Back Bankrupt! According to Epiq, Commercial Chapter 11 Filings Increased 68 Percent in the First Half of 2023. NEW YORK – July 03, 2023 — The 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a …