October 04, 2023
Bankrupt all-terrain vehicle seller Performance Powersports Group on Wednesday got its Chapter 11 reorganization plan approved by a Delaware bankruptcy court, clearing the way for it to head to liquidation.
August 08, 2023
The former CEO of all-terrain vehicle seller Performance Powersports Group told a Delaware bankruptcy court in a Monday filing that the company's owners are seeking to obtain improper releases for their prepetition conduct by pursuing unwarranted litigation against him.
March 23, 2023
Arizona-based dirt bike distributor Performance Powersports Group Inc. overcame earlier objections from a Delaware bankruptcy judge to $10 million in debtor-in-possession financing and a $73 million asset sale to equity owner Kinderhook Industries LLC, winning approval for both Thursday.
February 23, 2023
A Delaware bankruptcy judge Thursday approved a bidding procedures order and another interim Chapter 11 financing draw for off-road vehicle wholesaler Performance Powersports after rejecting its initial proposals for unfairly favoring the company's equity owner.
January 24, 2023
A Klehr Harrison Harvey Branzburg LLP team is representing off-road vehicle business Performance Powersports Group Inc. in its Chapter 11 in Delaware, a filing the company said was caused by supply-chain disruptions.
January 18, 2023
A Delaware bankruptcy judge on Wednesday gave off-road vehicle wholesaler Performance Powersports permission to tap into $3.5 million in Chapter 11 financing despite misgivings about the legal releases requested by the lender, Powersport's equity owner.
January 17, 2023
Performance Powersports Group Investor LLC, a wholesale supplier of dirt bikes and other off-road vehicles, has opened a Chapter 11 case in Delaware, blaming the late delivery of products from Asia and other supply-chain disruptions and planning a stalking horse sale.