Sierra Snowboards Officially In Chapter 11 Bankruptcy
The rumors have been confirmed that it is indeed true that Sierra Snowboards has filed for Chapter 11 Bankruptcy in the city of San Jose. Someone who went to serious lengths to remain anonymous to me sent over a series of emails documenting a decent amount of information on their legal proceedings. Here’s what’s been presented to myself and should be part of the public records for all to see with this situation.
10-55755 Michael Anthony Management, Inc.
Case type: bk Chapter: 11 Asset: Yes Vol: v Judge: Roger L. Efremsky
Date filed: 06/01/2010 Date of last filing: 06/24/2010Case Summary
Office: San Jose Filed: 06/01/2010 County: Santa Clara Terminated: Fee: Paid Debtor discharged: Origin: 0 Reopened: Previous term: Converted: Debtor dismissed: Joint: n Confirmation hearing: Nature of debt: business Related adversary proceedings: 10-05182 Pending status: Awaiting First Meeting Flags: PlnDue, DsclsDue Trustee: Office of the U.S. Trustee / SJ City: San Jose Phone: ( ) Email: USTPRegion17.SJ.ECF@usdoj.gov Party 1: Michael Anthony Management, Inc. (94-3388138) (Debtor) Atty: C. Randall Bupp Represents party 1: Debtor
Phone: (925) 277-3580 Email: crbupp@bscb.com Location of case files: Volume: CS1
The case file may be available.10-55755 Michael Anthony Management, Inc.
Case type: bk Chapter: 11 Asset: Yes Vol: v Judge: Roger L. Efremsky
Date filed: 06/01/2010 Date of last filing: 06/24/2010Creditors
686 Westlife Distribution USA,LLC (10978620)
(20)Bell Sports Inc. (10978625)
(20)Burton Snowboards (10978626)
(20)Coalision (10978631)
(20)Dakine (10978632)
(20)DC Shoe’s Inc. (10978634)
(20)FedEx (10978640)
(20)Flow Sports/Wells Fargo Trade Capital (10978641)
(20)Marker Volkl USA (10978650)
(20)Mervin Manufacturing Inc. (10978651)
(20)Next Level (10978652)
(20)Nitro USA (10978653)
(20)Quiksilver/QS Wholesale Inc. (10978657)
(20)Rome SDS (10978659)
(20)Rossignol Ski Company (10978660)
(20)Salomon (10978662)
(20)Sessions/Samsung America Inc. (10978663)
(20)Shaun Palmer LTD (10978664)
(20)Smith Sport Optics Inc. (10978666)
(20)
This was also attached to another email from the same person:
Case Information Associated Cases
Number: 1-10-CV-170404
Title: The Burton Corporation Vs Michael Anthony Management, Inc., Et Al
Category: Breach Of Contract/Warranty – Unlimited
Filed: 4/28/2010 Disposed: None Status: Open
Calendared Events Involved Parties Documents
Type Name Disposition
Plaintiff/X-Defendant The Burton Corporation
None None
Attorney: Paul S. Rosenlund
Duane Morris LLP , One Market Plaza, Spear Tower, Suite 2200, San Francisco, Ca 94105-1104
Defendant Sierrasnowboard.Com, Inc.
None None
Attorney: Jack C. Provine
Shapiro Buchman Provine LLP , 1333 N. California Blvd., Suite 350, Walnut Creek, Ca 94596
Defendant Michael A Harrosh
None None
Attorney: Jack C. Provine
Shapiro Buchman Provine LLP , 1333 N. California Blvd., Suite 350, Walnut Creek, Ca 94596
Defendant/X-Complainant Michael Anthony Management, Inc.
None None
Attorney: Jack C. Provine
Shapiro Buchman Provine LLP , 1333 N. California Blvd., Suite 350, Walnut Creek, Ca 94596
Doing Business As Sierra Snowboard & Ski
None None
You can check this site and search under Burton Corporation to find out more.
To quote the final email from someone calling themselves The Informant;
So yes. Michael H is currently in the middle of Chapter 11, with Sierra et all. Court Documents go deep, and show a list of Sierra employees on Payroll who were needing to be paid, while under Ch 11, so they had to get court authority to do so. So rumors are no more.. and the truth is free
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really fucking sad. will never forget when they sent me a floor model of a binding many moons ago. fuck em.
soooo awesome. that place is run by fuckin scumbags and sell nothing but seconds…then people that work at real shops have to deal with it.
We get about a person a day in the winter coming in (burton soho store) with a fucked up board/luggage/etc from sierra trying to return it to us haha! or looking for parts that werent sent with their stuff. such a shitty company…glad to see it end!
Karma in action – however upstate the worst service i have ever recieved was in the Burton store in NY.
I have bought end of year discounted stuff from there the last few years, never rubbed me wrong, great deals, good community.
Sad to see SS go, even with import taxes and delivery it was still the only place to sell Burton shit at a price it’s actually worthy of. The real shame though is that no one from SS has let the community know and it’s all having to be played out here, lame
.
I see a massive dip in the Burton market share coming from this.
@Sy
From my understanding…
Burton was planning on dropping out anyways due to brand decay with SS among various legal technicalities. In my opinion, if you see a dip in the Burton Market share it’s because they’re playing tighter with the prices on their boards and getting more back per board.
Listen you fucktards, Chapter 11 is not a “going out of business” type of deal. Chapter 11, simply put, means the are restructuring the organization and in short term protects them from creditors and the Burton lawsuit. They may change name or something, but the same company all you sheep love to flock to will still be around.
i love it. companies filing to get out of paying their bills.
way to go patio store.
They aren’t the only ones to file chapter 11, other shop(s) have done that, but the bank wants the money so in short, we delivered, they sold it, they paid it & now the bank gets most of the money back. And now that shop, under a different name has already opened up again. There are a lot of brands that screwed in this while SS/Burton have their fun lawyer games.
What is the new name for Sierra? I vote Skierra.
I’m going with Core Sierra.
Chapter Sierleven
Heyyyy Joooeeeyyyy!
Whicker R us.
Storebrand snowboards?
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