Hoonigan Seeks Bankruptcy Protection with Debts of $1.75B - Motor Authority @ClassicCar.com
The automotive entertainment and aftermarket parts business famous for its Gymkhana videos starring Ken Block announced on September 9 that it has filed for Chapter 11 bankruptcy protection with a court in Delaware. Hoonigan said it has entered into a restructuring agreement with a majority of its creditors, via which it expects to eliminate approximately $1.2 billion from its current debts…










