Advertisement

Gander Mountain Bankruptcy Liquidation Plan Confirmed

Advertisement

The U.S. Bankruptcy Court entered an order confirming Gander Mountain’s Joint Plan of Liquidation and granting the Company’s motion for substantive consolidation of the Debtors’ assets, liabilities and operations. Camping World Holdings purchased a majority of the Company’s assets under a Section 363 sale and is operating approximately 50 former Gander Mountain store locations under the name Gander Outdoors.

This privately-held outdoor specialty retailer filed for Chapter 11 protection on March 10, 2017, listing more than $500 million in assets. The Company emerged from a previous bankruptcy in March 1997.

Read more retail bankruptcy news.