Motos America Inc. Files for Chapter 11 Restructuring; Dealership Subsidiaries Not Included and Will Continue Operating Without Interruption
Accessnewswire·2026-01-02 18:50

Core Viewpoint - Motos America Inc. has filed for Chapter 11 bankruptcy to address corporate-level debt while ensuring its subsidiary dealerships continue to operate normally [1][2][3]. Group 1: Bankruptcy Filing - Motos America Inc. filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code on December 31, 2025, in the United States Bankruptcy Court for the District of Utah [1]. - The filing is intended to manage corporate-level debt and related issues following a challenging period in 2025 [3]. Group 2: Subsidiary Operations - The subsidiary dealership entities of Motos America have not filed for bankruptcy and will continue to operate without interruption [2][4]. - Dealerships will maintain their operations, serve customers, and uphold relationships with trade creditors and key vendors as usual [2]. Group 3: Financial Support and Future Plans - Motos America has secured debtor-in-possession financing to ensure adequate liquidity during the Chapter 11 process [2]. - The company plans to present a reorganization plan to the bankruptcy court in the coming weeks, aiming for improved stability and a stronger corporate structure [3].