Ch. 11 Trustee Approved In Tommy's Boats Bankruptcy

By Ben Zigterman · June 14, 2024, 7:17 PM EDT

At a hearing on Friday, a Texas bankruptcy judge authorized the appointment of a Chapter 11 trustee in the bankruptcy of boat and water sports retailer Tommy's Boats after the company...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Boat and water sports retailer Tommy's Boats filed for Chapter 11 protection in Texas bankruptcy court, listing up to $500 million in debt after allegedly breaching an agreement with lender M&T Bank.

Case Number

24-90000

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the Northern District of Texas

Capital Structure

Total Liabilities:

Up to $500 million in debt.

View Full Scorecard

Related Sections

Case Information

Case Title

Tommy's California Ventura, LLC

Case Number

9:24-bk-90007

Court

Texas Northern

Nature of Suit

Date Filed

May 21, 2024

Recent Articles By Ben