This issue of the Bankruptcy Update focuses on sporting goods retailers as financial struggles within the sector continue to drive bankruptcy filings. The column delves into the bankruptcy proceedings of Gander Mountain Company, Eastern Sports Outfitters, Luke’s Locker and Michigan Sports.
‘Gander Mountain’
On March 10, 2017, specialty sporting goods retailer Gander Mountain Company and one of its direct subsidiaries, Overton’s, filed petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Minnesota.
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