Among the items included in the liquidation sales will be hunting, fishing, camping, marine, apparel and footwear merchandise with brand names Under Armour, Yeti, The North Face, Coleman, Go Pro, Shimano, Columbia, Guide Series, GSX, Carhartt, Merrell, Keen, New Balance and Reebok."For outdoor enthusiasts, these 32 store-closing sales represent an extraordinary opportunity to find an amazing array of brand-name merchandise at significant discounts," said Michael Mc Grail, COO of Tiger Capital Group.
This is not the same as its debts being discharged, as happens when an individual files for Chapter 7.The only source of common stock available for any such a distribution would be from the 2.9 million of shares remaining on deposit in the Disputed Equity Escrow.Specifically, the Escrow do not, in and of themselves, entitle their holders to any possible future cash distributions from the Trust, WMIHC or the Federal Deposit Insurance Corporation (either in its corporate capacity or as the receiver for Washington Mutual Bank)."Outdoor sportsmen and women will not want to miss these historic sales." Liquidation sales are currently underway.They will continue until the merchandise is gone, Gander Mountain said.