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Bullboard - Stock Discussion Forum Old PSG Wind-Down Ltd PSGLQ

"Old PSG Wind-down Ltd designs, develops, manufactures and sells performance sports equipment and related apparel for ice hockey and roller hockey, baseball and softball, lacrosse and soccer. Its brands include BAUER, VAPOR, SUPREME, and NEXUS."

GREY:PSGLQ - Post Discussion

Old PSG Wind-Down Ltd > Debts of up to 1 Billion???
View:
Post by clinch76 on Oct 31, 2016 8:06pm

Debts of up to 1 Billion???

"The company listed assets of $500 million to $1 billion and liabilities of $500 million to $1 billion in its voluntary petition filed in Delaware under Chapter 11 of the U.S. Bankruptcy Code."

https://globalnews.ca/news/3035732/bauer-owner-performance-sports-group-files-for-bankruptcy-protection/

I am not sure why the big differences in reporting? Could this be the reporting issue? 
Comment by bavaro75 on Oct 31, 2016 9:47pm
PSG told the court it has assets of $594-million and total liabilities of $607-million.  Source = G & M
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