🛥️New Chapter 11 Bankruptcy - Tommy's Fort Worth LLC🛥️

Conflict with OEM and Bank Lender forces boat seller into bankruptcy.

On May 20, 2024, Tommy’s Fort Worth LLC (“Tommy’s”) and 16 affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the Northern District of Texas (Judge Morris).

The debtors sell luxury boats through their 14 dealerships and also operate five on-water rental programs. Tommy’s did $190.2mm in revenue for FY’23 through the following s…