Liftopia Facing Bankruptcy. $3-Million Owed To Alterra, Aspen Skiing Co, & Others
businessbankruptcies.com is reporting that the popular discount lift ticket marketplace, Liftopia, has filed for Chapter 11 Involuntary Bankruptcy.
- Petition Chapter 11 Involuntary Petition Against a Non-Individual. Fee Amount $1717. Filed by Petitioning Creditor (s) Aspen Skiing Company, L.L.C., as Managing Member of the Mountain Collective, Alterra Mountain Company (attorney Joshua D. Morse), Cypress Bowl Recreations Limited Partnership (attorney Joshua D. Morse), Dundee Resort Development LLC (attorney Joshua D. Morse), Aspen Skiing Company, L.L.C., as Managing Member of the Mountain Collective (attorney Joshua D. Morse) (Morse, Joshua) (Entered: 06/02/2020)
- Jun 2 Receipt of filing fee for Involuntary Petition (Chapter 11)(20-30450) [misc,invol11] (1717.00). Receipt number 30547161, amount $1717.00 (re: Doc# 1 Involuntary Petition (Chapter 11)) (U.S. Treasury) (Entered: 06/02/2020)
- Jun 2 2 Corporate Disclosure Statement. Corporate Parent, Alphabet Investment Fund LLC, Illinois Mountain LLC, Two Point Zero LLC has been added. Filed by Petitioning Creditor Aspen Skiing Company, L.L.C., as Managing Member of the Mountain Collective (Morse, Joshua) (Entered: 06/02/2020)
Liftopia describes themselves as follows:
Liftopia's mission is to help people spend more time doing the activities they love by helping partners run their businesses more effectively. The Liftopia Platform, a cloud-based commerce solution, makes it easy for resorts to encourage more guest visits and increase revenue by offering lift tickets and ski passes at optimized prices on their websites and on Liftopia.com. Millions of skiers, riders, and outdoor enthusiasts turn to Liftopia.com to purchase lift tickets and ski passes at a great value for over 250 resorts across North America. Whether you are interested in hitting the terrain park at Copper Mountain or Sun Peaks, snowboarding at Mount Snow or Bear Mountain, skiing at Tremblant or Smugglers' Notch, soaking in the views at Brighton or Snowbird or enjoying après-ski at Aspen Snowmass, Arapahoe Basin or Mammoth, Liftopia.com helps you buy in advance, save, and spend more days on the mountain.
