KGO ABC7 News 1100AM February 1, 2017
Today. Cartel management filed for chapter 11 bankruptcy yesterday. The documents show the company has more than 1. 8 million in estimated liabilities with less than a 1 million in assets. Surfing community was blindsided. Conditions were ideal last week but the contest was never called. There was definitely some confusion. People were frustrated because conditions were perfect. It was ideal on thursday and everyone was here and it was a beautiful day. So, um yeah, there was some concern, but there wasnt direct communication so we didnt know. A person close to the management said Cartel Manage...
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