PETITION

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๐Ÿ–•Is the Bankruptcy System F*cked?๐Ÿ–•

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๐Ÿ–•Is the Bankruptcy System F*cked?๐Ÿ–•

Independent Directors, Forum Shopping & Third-Party Releases

Jul 21, 2021
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๐Ÿ–•Is the Bankruptcy System F*cked?๐Ÿ–•

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Part I.

When we started PETITION a few years ago, we had a few goals in mind. Among them were:

๐Ÿ“To demystify, democratize and make โ€œaccessibleโ€ distressed investing and restructuring-related information that increasingly affects Americans at scale (e.g., employees of bankrupted retail companies like Toys R Us);
๐Ÿ“To shine a light on emerging (largely tecโ€ฆ

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