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Bankrupt meat importer owes millions to at least 99 creditors in transportation and logistics

December 21, 2022 -

The company was founded in 1999 and sold products under vendor brands as well as its own Prairie Natural brand. Its specialty is in the purchase, import and sales of beef, lamb, goat, mutton, veal, seafood and poultry from a variety of countries, including Argentina, Australia, China, New Zealand, Uruguay and several countries in Central America. (Related: Meat prices will continue to rise for the next two quarters, warns US meatpacker.)

In its bankruptcy court ...

Bankrupt Spanish company Scytl helped rig Biden’s election “win”

November 19, 2020 -

Scytl, which oddly enough went bankrupt back in the summer, had been tasked with counting American ballots that even more oddly enough were deliberately outsourced by entities in the U.S. government to be tabulated overseas rather than here at home.

Scytl has repeatedly made headlines over the years for its involvement in a number of election scandals which, just like ours here at home, were found to be embroiled with fraud.

"Many American states commissioned ...

Giuliani’s creditors call for TRUSTEE to handle bankrupt former NYC mayor’s finances

a month ago -

The Hill reported on this development, pointing out that his creditors are accusing him of hiding assets and a deal to launch his own coffee brand. They have also accused the erstwhile counsel for former President Donald Trump of spending egregiously and failing to file required paperwork on time.

Given these allegations, the unsecured creditors had enough. Their lawyers have expressed plans to return to bankruptcy court in New York on June 17, with the aim of convincing ...

Bankrupt Illinois just body-slammed citizens as legislature approved whopping 32 PERCENT hike in income taxes, but it won’t stop the fiscal COLLAPSE

July 09, 2017 - bankrupt pensions: Will Illinois become the first?)

What’s more, as Breitbart noted, the tax increases along with the Democratic legislature’s refusal to reform spending will lead to massive flight out of Illinois, which is what has happened to other Democrat-controlled deep blue states that also have spending problems.

Like Connecticut. As reported by The National Sentinel, out-of-state flight due to high taxes has resulted in less revenue for bean counters:

The ...

Doug Casey: Entitlements, excessive defense spending and high federal debt interest push U.S. to brink of bankruptcy

November 12, 2023 - bankruptcy, shuts down nonessential spending after being hit with $950 million equal pay claims.)

He went on to tackle the excessive defense expenditures, which according to him exceeds that of the next 10 nations combined, including Russia and China. Casey pointed out that two decades ago, there were 30 or 40 defense companies but now they have consolidated, the better to deal with Big Government, he said. Casey said that high-tech weapons, in the process of bankrupting ...

If California enacts reparations plan, the state will go BANKRUPT, former supervisor warns

August 02, 2023 - bankrupted state that completely collapses.

"This is a lot of unrealistic, pie-in-the-sky promises," Hall added. "It's stuff that could never happen, and these people on the task committees know this."

Experts say that based on all the figures contained in these reports, the average black Californian would receive an astounding $1.4 million from taxpayer coffers. The total cost to taxpayers per year would be around $800 billion, which is nearly triple the ...

Critics blast climate czar John Kerry for demanding agriculture emissions cuts: “Bankrupt every farmer in America”

August 02, 2023 - bankrupt every farmer in America."

Keep in mind that Kerry routinely flies on a private jet rather than commercial. Private jets emit massive amounts of pollution and require large amounts of earth-based "fossil" fuels to keep them powered and traveling around the world to climate summits.

"These people are sick bastards," commented GOP Rep. Chip Roy of Texas in a tweet.

"I introduced legislation to defund this clown. But that's just for show unless ...

WHITE SUPREMACY in full effect as Biden Regime plans to bankrupt Navajo Nations by revoking their rights to lease land and drive them all into poverty

June 19, 2023 - bankrupt and starve out the Native Americans. The tribe has land protections in place, but the communists in Washington DC couldn't care less, and plan to trample those rights and crush their communities as soon as possible.

Biden's representative did NOT even consult with the Navajo Nation leaders before issuing a brutal 20-year ban on leasing their land for oil and gas harvesting. The Biden Regime is celebrating the "victory" of crushing the Navajo people through ...

Corporate America experiencing BANKRUPTCY BOOM as recession looms

May 25, 2023 -

The increase in bankruptcy reports is most visible among some of the country's largest corporations, 236 of which filed for bankruptcy in the first four months of the year – more than double the number of similarly-sized companies that made the same filing in 2022, according to market research firm S&P Global Market Intelligence.

Large recognizable companies with hundreds or even thousands of workers have filed for bankruptcy protection in recent ...

Bed Bath & Beyond files for Chapter 11 “reorganization” bankruptcy following shady board moves and corporate virtue signaling

April 24, 2023 -

According to reports, Bed Bath & Beyond currently has 360 namesake stores, along with 120 buybuy BABY stores, that will remain open and fully operational for now while the company pursues its next steps. As of Monday, the company's current leadership is trying to make a case before the bankruptcy court requesting a liquidation procedure that benefits creditors and the executives who some believe intentionally drove the company into the ground to benefit short hedge funds ...

Global bankruptcy already baked in

April 07, 2023 - bankruptcy.

Sorry, but global bankruptcy is already baked in. Too much debt has been piled on phantom collateral and income streams derived from bubble assets rising (for example, capital gains, development taxes, etc.).

The asymmetry is now so extreme that even a modest decline in asset valuations/collateral due to a garden-variety business-cycle recession of tightening financial conditions will trigger the collapse of The Everything Bubble and the ...

Kentucky Democrat: Voters are sick of seeing their taxes go to Ukraine; intellectually bankrupt officials are making nuclear war a reality

March 08, 2023 - bankrupt," he said. "They don't know what they can accomplish and what they cannot accomplish. Fundamentally, they're stupid, and they don't have any other ideas."

Learn more about the ongoing conflict in Ukraine at UkraineWitness.com.

Watch this clip from InfoWars featuring Ukrainian President Volodymyr Zelensky saying Americans will die if his country loses to Russia.

This video is from the InfoWars channel on Brighteon.com.More related ...

GET WOKE GO BROKE: Home-goods giant Bed Bath & Beyond considers filing for bankruptcy

January 06, 2023 - bankruptcy.

"We have a clear vision for the future of the company. Today's announcement underscores the importance of having initiated a turnaround at the start of the third quarter and why we strengthened our leadership team to execute each step with precision," Gove said in the statement.

But despite more productive merchandise plans and improved execution, she said the financial performance was negatively impacted by inventory constraints as they partnered ...

Binance strategy chief takes a swipe at FTX following the latter’s bankruptcy filing

November 17, 2022 - bankruptcy proceedings

Meanwhile, FTX announced on Nov. 11 that it will begin bankruptcy proceedings in the United States. It added that Alameda Research, which inside sources blame for FTX's collapse, is also part of the bankruptcy protection. Insiders noted that Alameda owes FTX about $10 billion.

The company said in a statement that around 13 affiliated companies have also started bankruptcy proceedings. "The immediate relief of Chapter ...

Founder of bankrupt FTX crypto exchange lost billions but not before donating millions to Dems, left-wing causes

November 13, 2022 - bankrupt.

"A full-fledged liquidity crisis forced FTX to file for bankruptcy Friday, and Bankman-Fried's wealth, which was estimated to be $15.6 billion earlier this week, has sharply plummeted, according to the Bloomberg Billionaires Index. The index currently estimates Bankman-Fried has no material wealth," Fox News Digital added.

Here is the note we sent to our LPs in GGFIII regarding FTX. pic.twitter.com/Cgp1Yxk1pz

— Sequoia Capital (@sequoia) ...

Crypto lender BlockFi blocks withdrawals as FTX declares bankruptcy

November 16, 2022 -

With FTX announcing its plans to file for bankruptcy on Friday, Nov. 11, BlockFi announced via Twitter on the same day that it is "stopping client withdrawals" because of a "lack of clarity" regarding the fate of Sam Bankman-Fried's crypto exchange empire.

More precautionary actions could be expected from BlockFi, which admitted in a statement on Monday, Nov. 14, that it also has significant exposure to FTX. BlockFi has also instructed clients not to submit ...

German health minister: Hospitals in Germany are facing bankruptcy due to rising energy prices, inflation

October 21, 2022 - bankrupt.)

Bad news for German hospitals

A recent study by the DKG showed that 40 percent of hospitals in the country are on the brink of bankruptcy because of the severe increase in energy prices and soaring inflation, making it impossible for clinics to maintain their operations. The study also mentioned that 60 percent of hospitals are already on financial alert.

According to the study, the shortfall in hospitals for 2023 has already reached ...

Energy prices in Germany soar 1,000% as companies go bankrupt

September 18, 2022 -

Citing a "tenfold increase in gas and electricity prices," the German manufacturer says it simply does not make sense to continue producing toilet paper at these prices because it would not sell for a profit compared to cheaper toilet paper produced somewhere else where energy costs are more normal.

Shoe retailer Görtz is in the same boat, announcing closure due to low sales. Then we have automobile supplier Dr. Schneider, steel producer ArcelorMittal, and many others....

FedEx ground delivery on verge of ‘collapse’ as rising costs threaten to bankrupt contractors

September 08, 2022 -

As reported by the UK's Daily Mail this week, the company's ground delivery system is about to collapse because the local contractors relied upon to take up most of the slack are facing costs so high they are on the verge of bankruptcy. And worse, there are no signs that their rates of compensation are going to increase anytime soon.

In addition to rising labor shortages (and costs), contractor fleets have had to deal with a near-doubling in diesel fuel and ...

Collapse continues as massive crypto hedge fund goes bankrupt, ruining investors

July 19, 2022 -

The latest crypto-casualty is Three Arrows Capital.

As recently as March, the company managed around $10 billion in assets, which positioned the firm as among the most prominent crypto hedge funds on the planet.

But now, the company also known as 3AC is headed to bankruptcy court following the steep decline in cryptocurrency prices amid a volatile, risky trading strategy that combined to decimate its assets and leave the firm unable to repay its lenders, ...