LIV Golf: Players free to leave after competition files for bankruptcy protection
The bankruptcy filing was filed in federal district court in New Jersey, where LIV Golf created a subsidiary earlier this summer. Chapter 11 protection postpones a U.S. company’s obligations to its creditors, giving it time to reorganize its debts or sell parts of the business. PIF is providing a $49.6 million (£36.6 million) bankruptcy loan, … Read more