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Our service center swiftly handles repairs, ensuring you spend less time waiting and more time enjoying the ride. In the late 1960s, the Varsity and Continental pioneered the use of auxiliary brake levers, which allowed the rider to rest hands on the straight, horizontal center section of the ram’s horn handlebars, yet still have braking… Continue reading Krate & Sting Rays

On October 7, 1992 (the “Petition Date”), Schwinn Bicycle Company and eight of its subsidiaries (collectively, the “Debtors” or “Schwinn”) filed petitions for relief under Chapter 11 of the United States Bankruptcy Code, 11 U.S.C. § 101 et seq. (the “Code”). The subsidiaries of Schwinn Bicycle Company that filed for bankruptcy relief were Schwinn Sales… Continue reading Krate & Sting Rays

Moreover, Defendant presented no evidence as to the actual payment practices of Precor customers or those of any other treadmill companies. Stallings admitted that he did not discuss with any schwinn beach cruiser Precor dealers their payment practices with respect to Precor; therefore, he has no knowledge regarding the actual payment practices of any Precor… Continue reading Krate & Sting Rays

That was a reasonable conclusion on their part given the frequency and urgency of the calls. Thus, the collection calls resulted in the Defendant receiving the transfers instead of other creditors of the Debtors. In this regard alone, Defendant has therefore failed to meet its burden under § 547(c)(2)(B). Contrary to Defendant’s contention, the post-bankruptcy… Continue reading Krate & Sting Rays