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Free weekly briefing

The signals are public. Read them before anyone else.

Tier Two is a weekly briefing for mid-market manufacturing procurement and supplier-risk operators. Every issue takes real counterparty distress out of SEC filings and bankruptcy dockets and shows you how to read it against your own approved vendor list, in about 20 minutes, before any aggregator writes it up.

Issue 001 · out now · no signup

Three distress shapes, three named suppliers

First Brands in Chapter 11, where the affiliated-debtors list is a free AVL check. Trinseo on a fresh petition, where the defaulted debt structure is your restructuring calendar. Mosaic, where the real impairment figure sits in 8-K Item 2.06, not the press release. Each one closes with a move to make this week.

Read Issue 001, free →

Why read it

This is not a news summary. It teaches you to read the primary record, EDGAR, CourtListener, state WARN data, before it reaches a news cycle. That gap between the filing and the paraphrase is where a procurement team catches tier-2 exposure first. Every dollar figure and case caption comes from the filer or the court directly.


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Issue 002 lands Monday, July 6

A full 10-Q teardown of one named supplier with a going-concern note, a covenant under stress, and a customer-concentration footnote you can map to your own AVL. Free, weekly, unsubscribe anytime.

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