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Prospector
Profile
204-06
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| Global Motorsports Group, Inc. |
NAICS |
441110 |
| 3210 S. Shannon St.
Santa Ana, CA 92704 |
Description |
Car Dealers |
| (714) 432 - 1582 |
Employees |
0 |
| http://www.gmgracing.com/about.shtml |
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Assets |
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Liability |
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(for the year ended ) |
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Category:
Section 363 Sales
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Event:
Global Motorsport Group, Inc. has agreed to sell its assets to Dae-Il USA, Inc. as a going concern. The sale includes all of GMG's US operations -- including its Custom Chrome, Motorcycle Stuff, and Jammer divisions, and the stock of Global Motorsport Group GmbH, which manages all of GMG's European operations.
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Intellectual Property:
"Custom Chrome," "RevTech," "Bullskins," "Tour Ease," "Premium," "C.C. Rider," "Dyno Power," "Motor Factory," "Dallas Leathers," "Jammer Cycle Products," "Highway One," "Spare Parts" and "Texas Saddles" are registered trademarks of the Company. [SEC Filing 10-K 05-08-1998]
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Description:
Global Motorsport Group and its affiliates are dealers of European model sports cars. The company and its debtor-affiliates filed for Chapter 11 protection on January 31, 2008, with the Bankruptcy Court for the District of Delaware, Case Nos. 08-10192 to 08-10195, before Judge Kevin J. Carey.
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Officers:
Scott Avila (Chief Restructuring Officer)
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Attorneys:
Laura Davis Jones, Esq. of Pachulski Stang Ziehl & Jones LLP; Wilmington, DE; (302) 652-4100
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Notes:
When the Debtors filed for protection from their creditors, they listed assets between $50 million and $100 million and debts between $100 million to $500 million.
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