chapter 11 bankruptcy

Source Interlink Files For Chapter 11 Bankruptcy

Source Interlink—the parent company of Surfer, Surfing, Snowboarder, Bike, Powder, and several other properties under the Action Sports Group umbrella—has filed for a pre-packaged, lender-approved Chapter 11 bankruptcy.

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MARKET WATCH: Chapter 11 Bankruptcy - What It Is, What It Means For Active

There have been a bunch of retail bankruptcy filings in the last year or so, but with the filing of Active Ride Shop, it’s hitting a bit closer to home. What exactly is a Chapter 11 filing and how does the process work?

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Jeff Harbaugh

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