New Delaware Chapter 11 – Velocity Holding Company, Inc.

Join Our Mailing List
Save as PDF

Velocity Holding Company, Inc., a wholesale distributor, designer, manufacturer, retailer and marketer of branded aftermarket parts, accessories and apparel for the powersports (motorcycle and related) industry based in Coppell, Texas, along with nineteen of its affiliates and subsidiaries, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 17-12442).  Velocity’s petition estimates its assets between $1 – $10 million and its liabilities between $100 – $500 million.  The cases have not yet been assigned to a Judge.

Cole Schotz represents the Debtors. Contact Norman L. Pernick and Nicholas J. Brannick for more information.

No aspect of this advertisement has been approved by the highest court in any state.

Results may vary depending on your particular facts and legal circumstances.

As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.

Join Our Mailing List

Stay up to date with the latest insights, events, and more

Check all areas of law you are interested in receiving e-newsletters and alerts about:(Required)
This field is for validation purposes and should be left unchanged.

Our Practices

EACH REPRESENTATION IS A FRESH CANVAS

Practices

Our Industries

EXPERIENCE THAT GOES WHERE OUR CLIENTS GO

Industries