Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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March 28, 2009

Champion Motor Group, Inc. Files For Chapter 11

It's no easy task selling a Bentley or Lamborghini nowadays.  Champion Motor Group, Inc. filed for chapter 11 bankruptcy protection on Thursday at the United States Bankruptcy Court for the Eastern District of New York.  The debtor is based in Jericho, New York and represented by Robinson Brog Leinwand Greene et. al.

Bentley Long Island and Lamborghini Long Island are divisions of Champion Motor Group.  The debtor has been in business since 1988.  Court documents indicate that the debtor's financial difficulties were caused by the general economic climate and litigation by Manufacturers and Traders Trust Company, seeking seizure of automobiles.


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