Liftopia

Liftopia Facing Bankruptcy

According to a filing in the California Northern Bankruptcy Court, Liftopia is facing Chapter 11 restructuring. Due to millions in unsettled commercial fees, a number of entities filed an involuntary bankruptcy petition against the popular lift-ticket site.

Liftopia Acquired, Plans to Continue Operations for the Long Term

According to an email sent out by Liftopia’s CEO, the company has been acquired by an unnamed entity. As part of the acquisition, the lift ticket site will receive funds to settle outstanding debts with its partners.

Liftopia Apparently Sold to Skitude, Transferring Assets to Liquidator to Settle with Partners

Evidently, Liftopia has been acquired by Skitude, a self-professed “worldwide community of snow and outdoor activities enthusiasts.”