Gateway Pundit Files for Bankruptcy Protection

Started by Solar, April 25, 2024, 04:53:59 PM

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Solar

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Gateway Pundit, a well-known right-wing news website, has declared that its parent company, TGP Communications, is seeking Chapter 11 bankruptcy protection in Florida. This comes in response to what the site's founder, Jim Hoft, describes as a series of "lawfare attacks" allegedly initiated by "the radical left." Hoft detailed the issue in a post on Wednesday."TGP Communications, the parent company of The Gateway Pundit, recently made the decision to seek protection under Chapter 11 of the United States Bankruptcy Code in the Southern District of Florida as a result of the progressive liberal lawfare attacks against our media outlet," Hoft wrote.

'This is not an admission of fault or culpability. This is a common tool for reorganization and to consolidate litigation when attacks are coming from all sides. It allows TGP to consolidate this lawfare in one court for ultimate resolution," he continued."Despite the radical left's efforts to silence The Gateway Pundit through censorship, de-platforming, de-banking, cut-off from advertisers, and other financial strategies, we will not be deterred from our mission of remaining fearless and being one of the most trusted independent media outlets in America today."

https://www.thegatewaypundit.com/2024/04/message-gateway-pundit-founder-jim-hoft-our-readers/
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