BowFlex Gets OK For Ch. 11 Plan With 3rd-Party Releases

By Rick Archer · August 19, 2024, 2:26 PM EDT

A New Jersey bankruptcy judge Monday approved fitness equipment maker BowFlex Inc.'s Chapter 11 plan, finding the plan's liability releases for third parties were consensual and allowed under the U.S. Supreme...

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Bankruptcy Scorecard

Summary

The makers of the BowFlex exercise machine filed for Chapter 11 bankruptcy, planning to sell its assets in April with a $37.5 million stalking horse offer.

Case Number

24-bk-12364

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$67 million

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Related Sections

Case Information

Case Title

BowFlex Inc.

Case Number

1:24-bk-12364

Court

New Jersey

Nature of Suit

Date Filed

March 04, 2024

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