
Curated financial news, analysis and commentary with an emphasis on distressed investing, restructuring and bankruptcy.
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Symbols named in the headline of a post from the last 30 days, most-covered first. The number is how many of those posts mentioned it.
Read from 5 post headlines in the last 30 days. A newsletter that names a company only in the body of a post will not appear here, and a mention is not a recommendation — it only means the symbol came up.
Rank in Substack’s finance leaderboard: #81 today · #83 a week ago · #117 a month ago
Tracked since Sep 10, 2026 — 41 daily snapshots so far. The card below is built from what we track and refreshes nightly.
of 525 ranked finance newsletters
on Oct 20, 2026
since tracking began
last 30 days
average, recent posts
across 36 posts
in tracked posts
Most-reacted post we have seen: ⛳️LIV and Let Die⛳️ — 329 reactions on Sep 9, 2026.
Hike, baby, hike? That appeared to be the latest vibe after the U.S. Bureau of Labor Statistics dropped its September inflation data on Wednesday. The data showed that things, price-wise, are moving in a very undesirable direction. Energy costs led the way, helping fuel, 🙄, a 0.6% increase in the consumer price index (“CPI”) versus August — the fastest sequential increase in five months, 😬. CPI increased to 3.7% on an annualized basis (and core is up 2.6%). Source: Avory Foundation Healthcare costs and rent also negatively contributed to the figures, making September’s report, “ more…
Source: Getty Images We commented recently about the rise of restaurant-related bankruptcies: We therefore felt compelled to go back to early August — August 4, 2026, to be exact — when Palm Beach, FL-based Quality Fresca I, LLC (the “debtor”) filed a chapter 11 bankruptcy case in the Southern District of Florida ( Judge Kimball ). The debtor is a franchisee of the ATL-based Moe’s Southwest Grill (“Moe’s), a Tex-Mex restaurant chain, and has sixty-nine locations in Florida, South Carolina, Virginia, and Washington D.C., which makes it one of the largest franchisees in the Moe’s ecosystem. As…
Source: Getty Images Way back on July 26, 2026, Omnis Pleasants LLC (the “debtor”) filed a messy, freefall chapter 11 bankruptcy case in the District of Delaware ( Judge Owens ). The debtor owns and operates a ~1.3k MW coal-fired power plant, which sits on 190 acres in Belmont, West Virginia. From an operational standpoint, one might question whether it should even be in chapter 11.
⚡️Update: The Children’s Place Inc. ($PLCE)⚡️ Source: soon-to-be-in-chapter-11-and-taken-private, Getty Images We’ve covered The Children’s Place Inc. ($PLCE) (“TCP” or the “company”), the children’s clothing retailer (and acquirer of twice-bankrupt Gymboree ), extensively over the years and all of that coverage 👇 is worth revisiting just to understand the company’s absolutely batsh*t insane trajectory: But, hot damn, April ‘25 is a long time ago so it’s time to jump back into the suck and get y’all refreshed. The company is majority owned by Saudi Arabia-based Mithaq Capital (“Mithaq”)…
Photo by Anne Nygård on Unsplash With a dearth of macroeconomic news this past week — market pricing for a Fed hike in October now stands at just a 17.2% — we can turn to some more restructuring-oriented headlines. Mega chapter 11 bankruptcy cases may be in short supply but filings are, in fact, happening. Here, as reported in ABL Advisor and provided by Epiq AACER , are the stats: Source: ABL Advisor Left unsaid, about 6555 of the commercial chapter 11 filings are complete and utter dogsh*t. Maybe a pipeline of higher quality cases is building …? The volume of distressed U.S. leveraged loans…
Photo by Tania Melnyczuk on Unsplash The themophiles among you likely noticed that restaurants are where it’s at lately for chapter 11 bankruptcy activity. We recently wrote about Meritage Hospitality Group Inc ’s chapter 11 bankruptcy filing here … … and Yardbird Group LLC ’s here: Today we hop in Johnny’s Delorean and finally catch up to And Go Concepts, LLC (Salad and Go) , which filed back in early August while we were on vacation. It’s been an active one with a competitive DIP process and unexpected competition across its leasehold portfolio. We had no choice but to finally take a peek…
On October 4, 2026, Arizona-based FRC Balance LLC — which does business as True Food Kitchen (“TFC” or the “company”) — and eight affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the Southern District of Texas ( Judge Lopez ). TFC is a health-driven, conscious-casual restaurant chain co-founded by Dr. Andrew Weil (he of the “anti-inflammatory food pyramid”) and restauranteur Sam Fox and its cap table sports (i) some lesser known investors like HumanCo TFK III LLC (“HumanCo”)* and Manna Tree ,** (ii) high profile institutional investors like Centerbridge Partners…
On August 4, 2026, Tempe, AZ-based And Go Concepts, LLC and four affiliates (collectively, the “debtors” and together with their non-debtor affiliates, the “company”) filed chapter 11 bankruptcy cases in the Southern District of Texas ( Judge Perez ). Founded in ‘13, the company is a quick-service, drive-through-only (“DTO”) restaurant chain operating in Arizona and Nevada (more on that 👇) that endeavors to provide a healthier, cost-competitive option to traditional fast food. Salads ✅, wraps ✅, soups ✅, breakfast burritos ✅, bowls ✅ — all foods that Johnny ’s fat a$$ wants nothing to do…
Photo by Jon Cellier on Unsplash Everyone’s an interest rate nerd these days and the nerds got quite a bit of data to parse this past week. One, there was the September nonfarm payrolls report. It came in WAY weaker than consensus expectations, adding just 29k jobs versus 90k projected (and August got revised down by 29k jobs from +162k to +133k). The unemployment rate went up to 4.2% (in part due to the labor force participation rate ticking up 0.4%). Job openings fell to just over 7mm, indicating cooling hiring which also isn’t great but, glass half full, it’s better than aggressive…
Photo by Fakhri Labib on Unsplash . That 👆limp lifeless hand must from one of the company’s shareholders. “ This reflects an extraordinary outcome for a brick-and-mortar retailer. We've seen a number of these cases where retailers have emerged from Chapter 11 with too much footprint, too much leverage. We do not intend for that to be the case here. ” — Jack Luze of Simpson Thacher & Bartlett LLP. On September 30, 2026, Leslie’s Inc. ($LESL) (“Leslie’s” or the “company”) and nine affiliates (collectively, the “debtors”) filed anticipated chapter 11 bankruptcy cases in the Southern District of…
Photo by Luismi Sánchez on Unsplash Y’all are reaching. Johnny was out and about in the RX scene this week and heard some jagoff cite an inverted yield curve as a sign that RX activity might pick up in earnest soon. Economics geeks like Johnny know that, traditionally anyway, an inverted yield curve could be counted on as a leading indicator of recession — typically somewhere within 15 months after inversion. Except, the curve hasn’t inverted. Source: GIPHY Yes, short-term yields, represented by the two-year Treasury, spiked in response to shifting monetary policy (read: higher rates). And…
Back on August 9, 2026, S.M.F. Group Inc. d/b/a The Fireman Hospitality Group, and 21 affiliates (collectively, the “debtors”) — operators of a portfolio of “iconic”-yet-now-bankrupt restaurants in Midtown New York City and Washington DC — filed for chapter 11 in the Southern District of New York ( Judge Barday ). The debtors run nine restaurants near entertainment and cultural venues in New York, and in Washington, D.C. The restaurants are (i) Paris Bar and Le Jardin, (ii) Bond 45, (iii) Trattoria Dell’Arte, (iv) USA Brooklyn Delicatessen, (v) Café Paradiso, (vi) Brooklyn Diner, which has…
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