Backcountry Ski Brand G3 Facing Potential Bankruptcy Genuine Guide Gear, also known as G3, is a well-respected player in the outdoor sports industry. It is particularly known for its high-quality backcountry skiing and snowboarding equipment. Founded in 1995 and based in Vancouver, British Columbia, G3 has built a reputation for designing innovative, reliable gear that caters to the needs of backcountry enthusiasts. Products include backcountry skis and […] Industry News Brent Thomas | August 16, 2024 0 Comments
Liftopia Lives to Fight Another Day as Judge Throws Out Bankruptcy Case Popular online lift-ticket discount site Liftopia lives to fight another day as an attempt by Aspen Skiing Co. and a number of other ski-area operators failed in their attempt to force the company into bankruptcy. Related: Liftopia Facing Involuntary Bankruptcy for $3-Million Owed to Alterra, Aspen Skiing Co, and Others The US Bankruptcy Judge Hannah Blumstiel of the Northern District […] Industry News SnowBrains | August 17, 2020 0 Comments
Liftopia Facing Involuntary Bankruptcy for $3-Million Owed to Alterra, Aspen Skiing Co, and Others Popular lift ticket discount site Liftopia is allegedly facing Chapter 11 Involuntary Bankruptcy, according to businessbankruptcies.com, with petitions being filed by Alterra Mountain Company and Mountain Collective Pass operator Aspen Skiing Company. Claims against Liftopia so far total $3-million for failure to pay commercial fees. Chapter 11 Involuntary Petition Against a Non-Individual. Fee Amount $1717. Filed by Petitioning Creditor (s) Aspen […] Industry News SnowBrains | June 12, 2020 2 Comments
Timberline Ski Resort, WV Purchased for $2.2 Million Timberline Ski Resort is reopening for the 2020 ski season after the family-operated business abruptly closed in February. Owing $2.8 million to creditors, Timberline was forced to seek bankruptcy protection last April. The co-owner and managing partner of the resort allegedly failed to pay twelve years’ worth of county hotel and motel taxes valuing a total of $4,258. In 1985, […] Industry News Emily Crofton | November 27, 2019 0 Comments
Eastern Mountain Sports Is Expected To Follow Their Parent Company And File For Bankruptcy According to Bloomberg, Eastern Mountain Sports’ parent company, Vestis Retail Group, is preparing for bankruptcy filings, and could file as soon as next week. Vestis also owns the Sports Chalet and Bob’s Stores Chain, which are both in the retail market. This breaking news has provoked some suspicion that Eastern Mountain Sports will follow their parent company and file for […] Industry News Chris Wallner | April 6, 2016 0 Comments