It is being reported by businessbankruptcies.com that the popular discount lift ticket marketplace, Liftopia, has filed for Chapter 11 Involuntary Bankruptcy.
Chapter 11 Involuntary Petition Against a Non-Individual. Fee Amount $1717. Filed by Petitioning Creditor (s) Aspen Skiing Company, L.L.C., as Managing Member of the Mountain Collective, Alterra Mountain Company (attorney Joshua D. Morse), Cypress Bowl Recreations Limited Partnership (attorney Joshua D. Morse), Dundee Resort Development LLC (attorney Joshua D. Morse), Aspen Skiing Company, L.L.C., as Managing Member of the Mountain Collective (attorney Joshua D. Morse) (Morse, Joshua) (Entered: 06/02/2020) – businessbankruptcies.com
After the petition was filed in California Northern Bankruptcy Court on June 2, multiple petitioners have come forward, including Alterra Mountain Company and Aspen Skiing Company on behalf of Mountain Collective.
The total claims to date are $3 million, citing failure to pay commercial fees.