How does a brand as recognizable as Salt Life end up in bankruptcy? In this episode of The Bald Guys of Bankruptcy, hosts Adam Friedman and Rich Postiglione break down the Chapter 11 filing of the beachwear giant. From the role of a “stalking horse bidder” to the sale of assets and whether the Salt Life brand will survive, we cover everything you need to know.
Each week, The Bald Guys of Bankruptcy dive into the biggest bankruptcy cases affecting public companies, well-known brands, and high-profile individuals. With expert legal insights and a dose of humor, Adam and Rich make complex financial issues easy to understand.
🎧 In This Episode:
- Why is Salt Life filing for Chapter 11 despite its popularity?
- Can a profitable company still go bankrupt?
- The role of "stalking horse bidders" in bankruptcy auctions
- Will the Salt Life brand survive, or is this the end?
📩 Follow The Bald Guys of Bankruptcy for weekly episodes covering the biggest bankruptcy and corporate restructuring stories.
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