Lynskey Bicycles has filed for Chapter 11 bankruptcy
The Tennessee-based titanium specialist is in monetary difficulties, with low money reserves and substantial liabilities.
Photo: Lynskey
Tennessee titanium specialist, Lynskey Performance Products, has initiated bankruptcy proceedings with the United States Bankruptcy Court for the Eastern District of Tennessee, citing monetary troubles.
A voluntary petition below Chapter 11 of the United States Bankruptcy Code was filed on April 30, 2026. According to case filings accessible by way of PACER, the corporate is in search of aid from “substantial payroll, rising costs, declining profits/margins, and egregious Shopify chargebacks.” The firm is hoping to reorganize the enterprise with out disruption to its operations.
Lynskey, a Chattanooga-based titanium bike and element producer, was established in 2005. The homeowners, the Lynskey household, have an intensive historical past within the biking business; David Lynskey, the corporate founder, was additionally the founding father of Litespeed Cycles in 1984 and led that enterprise to its sale in 1999. Both manufacturers are Chattanooga-based and specialise in premium titanium bikes and elements; Of the 2, Lynskey gives a lower-cost, direct-to-consumer various.
Court filings point out that Lynskey has liabilities between US$1 million and $10 million, and had roughly US$59,000 money in hand as of April 30.
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