'Girls Gone Wild' Subsidiary Cleared For Ch. 11

Law360, New York (May 21, 2013, 12:11 PM EDT) -- A California bankruptcy judge on Monday gave the green light to the “Girls Gone Wild” Chapter 11 trustee to file bankruptcy for subsidiary GGW Marketing LLC, paving the way for the recovery of company trademarks that were allegedly fraudulently transferred to an offshore trust.

The order is the latest development in progressively inimical exchanges between trustee R. Todd Neilson and raunchy video founder Joe Francis since the company entered bankruptcy. U.S. Bankruptcy Judge Sandra R. Klein on Monday ended a semantics-centered fight over whether GGW Marketing...
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