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#Chapter11

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Chrisblue@bsky.social<p>It's the end of Weight Watchers as we know it, and I feel fine. <a href="https://journa.host/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a> <a href="https://journa.host/tags/dietasongorpoem" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>dietasongorpoem</span></a></p>
alchemistmuffin<p>I think this was very much inevitable. The merger I think would’ve been absolute mismatch and DOJ had full right to block it. </p><p>Ultimately this is Laker Airways in 80s all over again: getting out priced by competition. </p><p><a href="https://mastodon.social/tags/SpiritAirlines" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SpiritAirlines</span></a> <a href="https://mastodon.social/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a> <a href="https://mastodon.social/tags/Airlines" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Airlines</span></a> <a href="https://mastodon.social/tags/Bankrupt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bankrupt</span></a> <a href="https://mastodon.social/tags/AVGeek" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AVGeek</span></a> </p><p><a href="https://ir.spirit.com/news-releases/news-details/2024/Spirit-Airlines-Issues-Open-Letter-to-All-Spirit-Guests/default.aspx" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">ir.spirit.com/news-releases/ne</span><span class="invisible">ws-details/2024/Spirit-Airlines-Issues-Open-Letter-to-All-Spirit-Guests/default.aspx</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> has largely done the same, claiming his father only gave him a “very small loan” that he turned “into a company that’s worth many, many billions of dollars.” However, as <a href="https://masto.ai/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>KamalaHarris</span></a> noted during Tuesday’s <a href="https://masto.ai/tags/debate" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debate</span></a>, Trump’s companies have filed for <a href="https://masto.ai/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a> <a href="https://masto.ai/tags/bankruptcy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bankruptcy</span></a> protection SEVEN TIMES.</p><p>In 2021, Trump fell off the <a href="https://masto.ai/tags/Forbes400" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Forbes400</span></a> list for the first time in 25 years. He returned to the list in 2022, but fell off again in 2023.</p><p><a href="https://masto.ai/tags/FactCheck" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FactCheck</span></a> <a href="https://masto.ai/tags/TrumpLies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpLies</span></a> <a href="https://masto.ai/tags/InheritedWealth" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InheritedWealth</span></a> <a href="https://masto.ai/tags/SelfMadeMyth" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SelfMadeMyth</span></a></p>
David Carroll<p>You could add Cambridge Analytica and Infowars to the examples the author cites here as prime specimens of how bad actors abuse bankruptcy law to effectively escape accountability.<br><a href="https://federate.social/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a> <a href="https://federate.social/tags/SCOTUS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SCOTUS</span></a> <a href="https://federate.social/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>uspol</span></a> <a href="https://federate.social/tags/GiftLink" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GiftLink</span></a><br><a href="https://www.nytimes.com/2024/06/04/opinion/purdue-sackler-supreme-court.html?unlocked_article_code=1.xE0.WQn7.TjaomYHArSXF&amp;smid=nytcore-ios-share&amp;referringSource=articleShare&amp;sgrp=c-cb" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2024/06/04/opinion</span><span class="invisible">/purdue-sackler-supreme-court.html?unlocked_article_code=1.xE0.WQn7.TjaomYHArSXF&amp;smid=nytcore-ios-share&amp;referringSource=articleShare&amp;sgrp=c-cb</span></a></p>
Wokebloke for Democracy<p>"Think of it yourself, a man who is notorious for not paying his bills. So much so that he’s filed for chapter 11 bankruptcy no less than six times, and he is probably on the verge of filing a seventh. So much so that he’s no longer welcome to stage his Hitleresque rallies in scores of cities across the nation because he skipped town after refusing to pay police and venue costs."</p><p><a href="https://www.palmerreport.com/analysis/donald-trump-doubles-down/54558/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">palmerreport.com/analysis/dona</span><span class="invisible">ld-trump-doubles-down/54558/</span></a><br><a href="https://libretooth.gr/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://libretooth.gr/tags/Deadbeat" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Deadbeat</span></a> <a href="https://libretooth.gr/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a> <a href="https://libretooth.gr/tags/Bankruptcy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bankruptcy</span></a></p>
Matt Willemsen<p>Trump Criticized Pay Raises for UAW Union Members in 2008 Video?<br><a href="https://www.snopes.com/fact-check/trump-uaw-pay-2008/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">snopes.com/fact-check/trump-ua</span><span class="invisible">w-pay-2008/</span></a> <a href="https://mastodon.social/tags/CorrectAttribution" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CorrectAttribution</span></a> <a href="https://mastodon.social/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trump</span></a> <a href="https://mastodon.social/tags/bankruptcy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bankruptcy</span></a> <a href="https://mastodon.social/tags/chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>chapter11</span></a></p>
Preston MacDougall<p><span class="h-card" translate="no"><a href="https://mastodon.social/@dannotdaniel" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>dannotdaniel</span></a></span> Looks like <a href="https://mstdn.science/tags/AMC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AMC</span></a> is a cursed acronym in American commerce. <a href="https://mstdn.science/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a> ⏰ </p><p>Anybody here remember the AMC Gremlin? 😂</p>
Nonilex<p><a href="https://masto.ai/tags/RudyGiuliani" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RudyGiuliani</span></a> filed for <a href="https://masto.ai/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a> <a href="https://masto.ai/tags/bankruptcy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bankruptcy</span></a> in NY, one day after a federal judge ruled that he must immediately pay the $148M he owes 2 <a href="https://masto.ai/tags/Georgia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Georgia</span></a> women he defamed.<br>
In paperwork filed Thurs to seek protection from NY creditors, Giuliani listed nearly $500M in debts, including the $148M he owes <a href="https://masto.ai/tags/RubyFreeman" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RubyFreeman</span></a> &amp; <a href="https://masto.ai/tags/ShayeMoss" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ShayeMoss</span></a>. He also listed “unknown” debt to election tech companies <a href="https://masto.ai/tags/Smartmatic" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Smartmatic</span></a> &amp; <a href="https://masto.ai/tags/Dominion" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Dominion</span></a>…. He listed his assets at ~$10M.</p><p><a href="https://www.washingtonpost.com/national-security/2023/12/21/rudy-giuliani-bankruptcy/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/national-se</span><span class="invisible">curity/2023/12/21/rudy-giuliani-bankruptcy/</span></a></p>
Emeritus Prof Christopher May<p>You may recall a previous post about <a href="https://zirk.us/tags/JohnsonandJohsnon" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JohnsonandJohsnon</span></a> trying to US <a href="https://zirk.us/tags/Bankruptcy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bankruptcy</span></a> law to limit their exposure to damages from the discovery that their <a href="https://zirk.us/tags/talc" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>talc</span></a> was <a href="https://zirk.us/tags/carcogenic" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>carcogenic</span></a>?</p><p>That attempt failed but now J&amp;J is back with a more narrowly focussed bankruptcy petition &amp; agreement from a range of those bringing cases against J&amp;J for damages.</p><p>Now, for a second time, we get to see whether using US <a href="https://zirk.us/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a> bankruptcy laws is seen in this case as a viable way fo dealing with <a href="https://zirk.us/tags/compensation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>compensation</span></a> for victims</p>
Jay Reding 🇺🇦<p>Alex Jones' bankruptcy attorney received a $500,000 retainer before filing the Chapter 11 petition.</p><p>That seems like a ton of money, but remember it involves working closely with Alex Jones. I don't think there is an amount of money that could compel me to do that.</p><p><a href="https://mastodon.world/tags/Bankruptcy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bankruptcy</span></a> <a href="https://mastodon.world/tags/Chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chapter11</span></a></p>
Pamela Foohey<p>New <a href="https://mastodon.lawprofs.org/tags/introductions" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>introductions</span></a> now that I migrated from my prior account. I'm a <a href="https://mastodon.lawprofs.org/tags/lawprof" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>lawprof</span></a> in <a href="https://mastodon.lawprofs.org/tags/NYC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NYC</span></a>. Research <a href="https://mastodon.lawprofs.org/tags/bankruptcy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bankruptcy</span></a> <a href="https://mastodon.lawprofs.org/tags/consumer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>consumer</span></a> <a href="https://mastodon.lawprofs.org/tags/protection" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>protection</span></a> <a href="https://mastodon.lawprofs.org/tags/commercial" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>commercial</span></a> <a href="https://mastodon.lawprofs.org/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a>. Mainly via <a href="https://mastodon.lawprofs.org/tags/empirical" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>empirical</span></a> studies. I'm on sabbatical this semester, happily (and frantically) <a href="https://mastodon.lawprofs.org/tags/writing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>writing</span></a> two books. One is about Black <a href="https://mastodon.lawprofs.org/tags/churches" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>churches</span></a> that file <a href="https://mastodon.lawprofs.org/tags/chapter11" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>chapter11</span></a> bankruptcy to <a href="https://mastodon.lawprofs.org/tags/reorganize" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>reorganize</span></a>. The other is about people who file bankruptcy. I also post about my <a href="https://mastodon.lawprofs.org/tags/cats" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cats</span></a>, <a href="https://mastodon.lawprofs.org/tags/vegan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>vegan</span></a> food, <a href="https://mastodon.lawprofs.org/tags/queer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>queer</span></a> life, and living with a congenital heart defect (<a href="https://mastodon.lawprofs.org/tags/chd" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>chd</span></a>).</p>