A Texas RV dealer has made plans to emerge from Chapter 11 bankruptcy protection. As part of the deal, Recreation Live LLC of Shcertz, Texas will buy six Country Coach motor coaches and invest $4 million in the company.
The RV maker filed for bankruptcy last March to reorganize its finances. The deal with Country Coach is part of a series of complex arrangements that includes a promise to buy six motor vehicles a year for the next three years.
If your company is considering filing for bankruptcy, contact the Austin bankruptcy lawyers of Slater Kennon LLP, at 512-338-1100.