Buying a bike from a company filing for bankruptcy?

From Gravel Cyclist

Press Release: Future of an Influential Bike Brand Secured - Parlee Cycles. “Beverly, Massachusetts. Parlee Cycles announced that it has been acquired by an avid cyclist and independent investor. The acquisition of the brand and 100% of the assets of Parlee Cycles signals the end of their Chapter 11 restructuring and ensures the longevity of the renowned brand. The business will operate under a newly formed entity named Parlee Composites, Inc., with John Harrison assuming the role of President and CEO.”

Details in the link below!

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