Bankrupt Longmont skateboard company to liquidate

Anno Domini Manufacturing, which has done business as Anno Domini Skateboards and AD Skateboards, filed for Chapter 7 bankruptcy protection this week in U.S. Bankruptcy Court in Denver.

The company operates a skateboard manufacturing business, as well as a skateshop on Weaver Park Road.

Anno Domini opened in late 2020 and differentiates itself in the industry by being a Christian faith-based skate company, according to a 2021 report from the Longmont Leader.

That report indicates that the company, which did not respond to requests for comment, has struggled with cash flow since its inception.

According to its bankruptcy petition, AD has between 100 and 199 creditors to whom it owes nearly $940,000 in liabilities.

The company’s assets are $28,000, the filing shows.

Unlike Chapters 11 and 13, Chapter 7 bankruptcies typically do not result in a business reorganization. Rather, the chapter calls for liquidation of company assets.

Anno Domini Manufacturing, which has done business as Anno Domini Skateboards and AD Skateboards, filed for Chapter 7 bankruptcy protection this week in U.S. Bankruptcy Court in Denver.

The company operates a skateboard manufacturing business, as well as a skateshop on Weaver Park Road.

Anno Domini opened in late 2020 and differentiates itself in the industry by being a Christian faith-based skate company, according to a 2021 report from the Longmont Leader.

That report indicates that the company, which did not respond to requests for comment, has struggled with cash flow since its inception.

According to its bankruptcy petition, AD has between 100 and 199 creditors to whom it owes nearly $940,000 in liabilities.

The company’s assets are $28,000, the filing shows.

Unlike Chapters 11 and 13, Chapter 7 bankruptcies typically do not result in a business reorganization. Rather, the chapter calls for liquidation of company assets.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage


Deprecated: File Theme without comments.php is deprecated since version 3.0.0 with no alternative available. Please include a comments.php template in your theme. in /wordpress-versions/6.3.4/wp-includes/functions.php on line 5653

Comments are closed.