Blames sunless tanning!
Bankruptcy is a trendy surf thing right now. Very hip. Mavericks just declared. Lame. Later bros. And I’m busy on something else right now (you’ll see tomorrow!) so I’ll leave you with the San Francisco Chronicle.
The Bay Area big-wave surf competition Titans of Mavericks could be wiped out this year after its organizers filed Chapter 11 bankruptcy Tuesday amid a sell of their assets.
Titans of Mavericks LLC and Cartel Management Inc. filed separate petitions in the U.S. Bankruptcy Court for the Central District of California, but described the action as an effort to “ensure a smooth and swift transition of the business and operations.”
“The brand has seen explosive growth since its creation,” Griffin Guess, Titans of Mavericks founder, said in a press release. “The process will allow Titans of Mavericks to reach new heights in the right hands. It is time for a larger organization to gain from all of our hard work.”
Yet the bankruptcy filing comes after costly legal trouble for Cartel Management. Red Bull Media House North America Inc. filed a lawsuit against Cartel and Titans of Mavericks in the Superior Court of Los Angeles on Friday, just days before the bankruptcy action.
Red Bull Media House sought an unspecified amount in damages after paying Titans of Mavericks $400,000 for the rights to webcast this year’s competition — which hasn’t happened yet — then never receiving a refund after Cartel abruptly terminated the contract.
“After receiving Cartel’s purported termination letter, searching for a rationale for Cartel’s erratic behavior, Plaintiff found that Cartel is beset by financial and legal difficulties,” the suit states.
At the end of October, a jury in the Central District of California found Cartel and Marisa Miller, an international supermodel and wife of Guess, were liable to pay $1 million after breaching a contract with another company, Segler Holdings LLC.
The defendants had apparently violated a promotion deal with Segler Holdings’ Glissin sunless tanning products and salons.
Finish the story here but how good is it that part of the bankruptcy has to do with sunless tanning?
Fucking northern California.
Good f**king riddance. The brand was so cheezy and the politics around the competition transformed my fascination with the spot into an outright loathing.
Yeah these are the guys that threatened to sue me over my Heavy Water movie and created a lot of problems for me at the San Sebastien Film Festival and on the North Shore two years ago….the word on them then among fellow film-makers who’d been in business with Cartel Management-or whatever the fuck they’re called, was lying, cheating scum-bags—they probably work for Breitbart as well!!!
This is where METHMAPS comes into play. They will be the new owners of the Titans of Meth I mean Mavericks.
Griffin Guess is an out-of-touch kook who desperately wanted to be accepted into the Santa Cruz surf scene (i guess buying friends on borrowed money is the price of doing business these days?). He’s floundered around up here for almost a decade, falling on most of his waves with a style worse than his lame haircut which i hear he’s recently cut (good on ya lad).
I had some really fun times in Seaside but I noticed all the locals were right into fake tans.
Is that a Pac Nor-west thing Chas?
“The brand has seen explosive growth since its creation,” Griffin Guess, Titans of Mavericks founder, said in a press release. (So explosive they’re bankrupt??)
“The process will allow Titans of Mavericks to reach new heights in the right hands. It is time for a larger organization to gain from all of our hard work.” (Such hard work that led to going bankrupt??)
Some people’s ability to spin bullshit amazes me
Sounds like they’re taking the airline approach to business: File bankruptcy, screw all your old creditors, buy new planes, profit.
Yep. It’s that PR bullshit that makes my brain hurt though. Chapter 11 is an art form in the US hey?
Totally agree its all PR bullshit but who can’t see through that? And why aren’t there ramifications for being liars?
Wait, sounds familiar!
True true
There’s spinning bullshit and talking bullshit. The above is a perfect example of the latter
Let me guess, tomorrow you’re announcing that you’re lame and out of ideas! Or Lewis Samuels is replacing Michael Ciarmanderella! Congrats! Good on ya!
Chas is “busy with something else right now”. Busy must be a relative term, considering his average twitter style post on BG must take all of two minutes to cut and paste. You really have to wonder what it actually is that he does.
Bro down with Trustfhondo while Derek works actual surf contacts. He spends most of the day trying to come up with clever ways to bring up the Mick Incident or make fun of The Inertia/Paul Speaker.
Oh it’s worse! Wait until tomorrow though!
Do we have to do everything for you, Chas? You missed an opportunity to post a salacious shot of Marissa Miller – so here goes… https://uploads.disquscdn.c…
You mean I don’t have to surf in daylight hours to maintain my tan anymore?
Should we attribute your getting scooped by Surfline to your Japanese bender?
So, so disappointed.
Just wait until tomorrow!
The suspense!
tomorrow never cums!