PETITION
Curated financial news, analysis and commentary with an emphasis on distressed investing, restructuring and bankruptcy.
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Growth history
Followers (thousands, nightly)
Rank in Substack’s finance leaderboard: #91 today · #111 a week ago
Stats worth sharing
Tracked since Sep 10, 2026 — 21 daily snapshots so far. The card below is built from what we track and refreshes nightly.
- Percentile
- Top 18%
- Best rank seen
- #90
- Rank, 7 days
- +20 places
- Followers added
- +258
- Posts
- 14
- Reactions per post
- 31
- Reactions tracked
- 751
- Tickers covered
- 13
of 525 ranked finance newsletters
on Sep 29, 2026
since tracking began
last 30 days
average, recent posts
across 24 posts
in tracked posts
Most-reacted post we have seen: ⛳️LIV and Let Die⛳️ — 329 reactions on Sep 9, 2026.
Recent posts
- 🔥New Chapter 11 Bankruptcy Filing - UPG Enterprises LLC🔥
On September 22, 2026, Oak Brook Illinois-based UPG Enterprises LLC (“UPG”) and 18 affiliates (collectively, the “debtors” and along with non-debtor entities, the “company”) filed chapter 11 bankruptcy cases in the Northern District of Illinois ( Judge Fine ). UPG is a holding company for a number of rolled-up brands — Lexington Steel , Douglass Logistics , Maksteel , Metalex , and others — focused on steel processing and production, manufacturing, distribution and logistics. The brands show up in the org chart as follows 👇…
- 🚃New Chapter 11 Bankruptcy Filing - FIHPNP LLC (Brightline)🚃
On September 24, 2026, Miami-based FIHPNP LLC, FIHPNPNJ LLC , Brightline Holdings LLC — you know, BRIGHTLINE , the name we’re all familiar with rather than some rando other entities — and 14 other holding company affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the District of New Jersey ( Judge Hall ). Wait. Weren’t we, at one point, supposed to believe that Florida was going to be an “it” jurisdiction for bankruptcy filings? Well it’s so “not,” that these f*cks appear to have shamelessly abracadabra’d a new entity to manufacture a jurisdictional hook:
- 🍗New Chapter 11 Bankruptcy Filing - Yardbird Group LLC🍗
Private equity strikes again! On September 21, 2026, Las Vegas-based Yardbird Group LLC , its runchickenrun.com URL (lol), and 10 affiliates (collectively, the “debtors” and along with non-debtor affiliates, the “company”) filed chapter 11 bankruptcy cases in the District of Delaware ( Judge Shannon ). The debtors own and operate “ Yardbird Southern Table & Bar, ” a once-growing TriSpan -owned casual dining concept that expanded itself into and out of big cities like Los Angeles and Denver and then straight into bankruptcy. At its peak in ‘23, the company had eight locations open “worldwide,”…
- 💥A Bright Line to Bankruptcy💥
Source: Getty Images We’d like to propose a moment of silence for those of you who have the misfortune of living in New York City, generally, but especially during the dreaded month of September. Not only does September mark the end of summer (and with it, the return of cooler temperatures), but it also contemporaneously ushers in return-to-office doldrums, return-to-school mayhem, apply-to-school preposterousness, and, worst of all, the insufferable “UN Week,” where the international political class contemporaneously descend upon midtown east and instantaneously contribute to both traffic…
- 💥“The future's not set. There is no fate but what we make for ourselves.”💥
When PETITION first started, it was focused not just on what was happening in corporate conference rooms and bankruptcy courts across the country, but also on disruption, i.e. , emerging trends today that could be the source of distress tomorrow. As we sit here today, it’s easy (and late) to say, without equivocation, that artificial intelligence is the biggest potential source of disruption and future distress out there. And it’s moving so fast — with new evolutionary models seemingly released weekly — that, we confess, it’s been hard for us to get our arms wrapped around it and its…
- 💥Knock(er)ing out inflation💥
The big news this week outside of the controversies surrounding (i) Sydney Sweeney ’s seemingly-everywhere “knockers” * and (ii) Macklemore ’s political views ,** was the much-expected decision by the U.S. Federal Reserve Board to hike rates 25 bps to a target range of 3.75%-4% — the first rate hike in three years and a unanimous one at that. It seems that, despite fears that the new Chairman would carry President Trump ’s water, Kevin Warsh has decided to declare war(sh) on stubbornly high inflation (and a missed 2% target over literally five years). The median “dot plot” — yup, that’s back!…
- 🍔New Chapter 11 Bankruptcy Filing - Meritage Hospitality Group Inc.🍔
It’s been a while since we saw a large restaurant franchisee chapter 11! On September 17, 2026, Grand Rapids, Michigan-based Meritage Hospitality Group Inc. * (“Meritage”), Uncommon Hospitality LLC (“UH”), OCM Development LLC (“OCM”), and 12 other affiliated debtors (collectively, the “debtors” or the “company”) filed chapter 11 bankruptcy cases in the Western District of Michigan ( Judge Boyd ). The debtors operate 320 quick-service and casual dining restaurants across 15 states,** of which 314 are Wendy’s restaurants operated pursuant to franchise agreements with Quality is Our Recipe LLC…
- 🔫New Chapter 11 Bankruptcy Filing - Noble Supply & Logistics LLC🔫
Back on August 30, 2026, Boston-based Noble Supply & Logistics LLC (“Noble”) and 10 affiliates (collectively with Noble, the “debtors”) — global suppliers of non-lethal equipment, supplies, and related services to the United States military and its allies — filed, despite there being ongoing conflict in the Middle East, 🤔, chapter 11 bankruptcy cases in the District of Delaware ( Judge Goldblatt ) to pursue a sale or, in the event there’s no taker, an orderly wind-down. Even war can’t change the makeup of sh*tty chapter 11 bankruptcy cases, it seems. And this one, like many others you’ve…
- ✈️New Chapter 11 Bankruptcy Filing - Air Baltic Corporation AS✈️
Source: Getty Images On September 14, 2026, Air Baltic Corporation AS (“Air Baltic” or the “company”) and two affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the Southern District of New York ( Judge Beckerman ). The company is the flagship airline of Latvia and, so says the first day declarant , CFO Vitolds Jakovļevs , “ …the leading airline in the Baltic states. ” Latvia, for the geographically challenged, sits in northeastern Europe along the coast of the Baltic Sea; it’s sandwiched between Estonia to its north and Lithuania to its south; it suffers Russia to…
- 💥AirBaltic Flies to SDNY💥
✈️New Chapter 11 Bankruptcy Filing - Air Baltic Corporation AS✈️ Source: Getty Images On September 14, 2026, Air Baltic Corporation AS (“Air Baltic” or the “company”) and two affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the Southern District of New York ( Judge Beckerman ). The company is the flagship airline of Latvia and, so says the first day declarant , CFO Vitolds Jakovļevs , “ …the leading airline in the Baltic states. ” Latvia, for the geographically challenged, sits in northeastern Europe along the coast of the Baltic Sea; it’s sandwiched between…
- ⛳️New Chapter 11 Bankruptcy Filing - LIV Golf Incorporated⛳️
Source: Getty Images Whether you’re partial to Sir Paul McCartney … … or GNR … … the soundtrack for this reading couldn’t be more obvious. The official end of summer isn’t until September 22, 2026 but we all know the unofficial end of summer was this past Monday (Labor Day), and these f*cks barely waited an hour before compounding our misery with a wildly telegraphed golf-related bankruptcy filing. As if we didn’t already know “the season” — at least for many poor chaps in the Northeast — is all but over, 🖕. And so on September 7, 2026 — apropos of our comment 👆, like, literally on Labor…
- 💥Come with me if you want to LIV💥
Man, we needed a break. And there’s nothing like having an opportunity to step away from the doom and gloom of restructuring, catch up on other news, and see sh*t like this: Source: @hilberspaess on X Is it wrong that the first thing Johnny thought after reading this was that there’ll be an awful lot of corporate bankruptcies between now and “ the end of the decade ?” 🤑 ⛳️Update 1: LIV Golf Incorporated⛳️ Source: Getty Images So where were we? Right, LIV 2.0, 🙄. You’ll recall that on Labor Day, September 8, 2026, LIV Golf Incorporated (“LIV”), LIV Golf New Jersey LLC , and 55 affiliates…
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Data: Substack public leaderboards and publication archives, refreshed nightly, plus public beehiiv sitemaps and recommendation pages, refreshed weekly. Source for this page: PETITION. Subscriber counts are Substack’s own rounded public figures, so week-on-week changes move in steps. beehiiv audience sizes are self-reported by the publisher and are not verified. Last snapshot: Sep 30, 2026.