Everything You Need to Know About Chapter 11 Bankruptcy

SESO explains some quirks in the process as well, such as why two Liberated executives were paid hefty bonuses right before the company filed for bankruptcy, how the store lease process works, and why the company is going through a Chapter 11 reorganization instead of a Chapter 7 liquidation if it is planning to shut down.
Published: March 28, 2025

Given Liberated Brands’ bankruptcy and its impact on the surf industry, SESO thought it would be helpful to share a primer on how the process works.

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Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series