Tommy's Boats Hits Ch. 11 After Alleged M&T Bank Default

By Emily Lever · May 22, 2024, 11:37 AM EDT

Boat and water sports retailer Tommy's Boats has filed for Chapter 11 protection in Texas bankruptcy court, listing up to $500 million in debt after allegedly breaching an agreement with lender...

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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

Edward L. Morris

Venue

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

Capital Structure

Total Liabilities:

Up to $500 million in debt.

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Documents

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

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