Boaters world liquidating


20-Feb-2017 16:27

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Ritz Interactive’s top unsecured trade creditors include American Express, owed about 4,000; Federal Express, owed nearly 4,000; and Google, owed more than ,000. Chief Restructuring Officer Marc Weinsweig cited the 2008 ongoing recession caused Ritz's 2008 holiday sales to be "materially lower" than a year earlier.In May 2012, Ritz Interactive was acquired by Ritz Camera & Image. Boater's World also suffered heavy losses in 2008 as gas prices soared.The Irvine, Calif., company reported assets of about 9,000 and debts of .2 million in its bankruptcy petition, filed Friday with the U. Court papers show that David Ritz holds an 18.55% stake in the company.Among Ritz Interactive’s debts are a .55 million secured claim held by Ritz Camera.

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These stores can transfer VHS, SVHS, Mini Dv, Digital 8, and digital media to DVDs in about the time any particular tape takes to play.

In 2002, Ritz Interactive acquired the Internet division of Cameraworld.com, a Portland, Oregon-based company.

According to the Wall Street Journal, Ritz Interactive Inc., which operates the websites for such retailers as Ritz Camera and Boaters World, filed for Chapter 11 bankruptcy protection on August 19, 2011. Court papers show Ritz Interactive’s executive committee of its board of directors deemed the Chapter 11 filing “in the best interests” of the company, its creditors and stakeholders.

Photo Patrol consist of Private Tutoring, four free Photography Classes with camera purchase, and 2 hr. In 1999, David Ritz and others founded Ritz Interactive, Inc., an Irvine, California-based e-commerce company formed to bring the retail store brands to the internet.

Despite the fact that the two companies share warehouse space and some personnel, Ritz Interactive and Ritz Camera Centers are officially separate companies.

Ritz Camera & Image is a photographic retail and photofinishing specialty store, headquartered in Edison, New Jersey.



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