Pro Bankruptcy Briefing: Gun Distributor Files Ch. 11, Blaming Trump Win | Perkins, Marie Callender’s Parent For Sale | Insys: Tale of a Bankruptcy Foretold

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Pro Bankruptcy Briefing: Gun Distributor Files Ch. 11, Blaming Trump Win | Perkins, Marie Callender’s Parent For Sale | Insys: Tale of a Bankruptcy Foretold

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https://www.wsj.com/articles/pro-bankruptcy-briefing-gun-distributor-files-ch-11-blaming-trump-win-perkins-marie-callenders-parent-for-sale-insys-tale-of-a-bankruptcy-foretold-11560257379

Good day. Firearm distributor United Sporting Cos. kicked off a liquidation of its business after betting the wrong way on the 2016 presidential election. The company behind the Perkins and Marie Callender’s restaurant chain could be sold through a bankruptcy. Meanwhile, shareholders of Insys Therapeutics Inc., the first drug company to file for bankruptcy over the opioid-addiction crisis, can’t say they weren’t warned that it would wind up in chapter 11.

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