Girls Gone Wild Driven Into Ch. 11 By Legal Woes

Law360, New York (February 28, 2013, 4:17 PM EST) -- The Girls Gone Wild franchise filed for Chapter 11 in California federal bankruptcy court Monday to dodge $16 million in judgments arising from suits brought by Wynn Las Vegas LLC and a woman who claims the raunchy video company featured her likeness without permission.

GGW Brands LLC and its affiliates listed $0 to $50,000 in assets and more than $16 million in liabilities in its Chapter 11 petition, including a disputed $10.3 million debt to Wynn Las Vegas, which is seeking to collect on a court...
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