City Sports Files For Chapter 11 Bankruptcy Protection

By Ciara LinnaneMarketWatch Pulse

City Sports Inc. filed for Chapter 11 bankruptcy protection Monday, with assets and liabilities of between $10 million and $50 million. The filing, made in the United States Bankruptcy Court in the District of Delaware, lists the sporting retailer's biggest creditors as Nike USA Inc. , which is owned $1.27 million, Under Armour Inc. , owed $1.03 million, Asics America Corp. , owned $1.03 million and Patagonia Inc., which is owned $1.01 million.

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