Morris Nichols Bankruptcy Alert - Performance Powersports Group Investor, LLC and Certain of Its Affiliates File Chapter 11 Bankruptcy Cases in Delaware

Bankruptcy Petition Alert

On January 16, 2023, Performance Powersports Group Investor, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filings below.

Lead Case No. – 23-10047-LSS

Debtors – Performance Powersports Group Purchaser, Inc.; Performance Powersports Group, Inc.; Performance Powersports Group Holdings, Inc.; Performance Powersports Group Investor, LLC

Description of Debtors – A wholesale supplier of dirt bikes and other off-road vehicles

Website of Debtors (URL)

Assigned Judge – The Honorable Laurie Selber Silverstein

Proposed Counsel – The Debtors‘ proposed bankruptcy counsel is Klehr Harrison Harvey Branzburg LLP.

Plan Status – No plan filed with petitions

First Day Hearing – A first day hearing will take place on January 18, 2023 at 10:00 a.m. (ET). 

Bankruptcy Documents  –

Please do not hesitate to contact any member of the Morris Nichols Bankruptcy & Restructuring Group if we can be of assistance.

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