Fast Forward: Breitburn, Faraday Future, Patriot National Inc., Etc.

Breitburn Energy Partners LP inches closer to the end of its bankruptcy. More noise around Faraday Future. Choice quote: "A convertible note of more than $400 million, with a 12 percent interest charge, becomes payable immediately if Faraday & Future Inc. can't raise the Series A round by December...." Well, it's December. Meanwhile, high level employees can't jump ship fast enough. Patriot National Inc. ($PN), a technology services provider for insurance companies, announced that it has a restructuring support agreement in place with major lenders Cerberus Business Finance LLC and TCW Asset Management Company LLC and the company will be filing for bankruptcy in the District of Delaware. Peace out Charming Charlie LLC. The J.G. Wentworth Company ($JGWE) will be filing its prepackaged bankruptcy on or around January 18. GNC Holdings Inc. continues to try and refinance its debt and is finding the capital markets aren't as forgiving as they once were on the heels of Vitamin World's liquidation and given Amazon's penchant for selling everything and anything, including meathead stuff.