Announced 05/22/07 Viva Motorsports, Inc Bankruptcy
Viva Motorsports, Inc filed a voluntary petition to reorganize under Chapter 11 in the US Bankruptcy Court for the Central District of California on May 22, 2007. The company listed its assets of less than $0.05 million and liabilities in the range of $0.1 million to $0.5 million. The unsecured creditors include Bullet Freight, Old Dominion Freight Lines and Daylight. The company hired Shahrokh Mokhtarzadeh, Esq. as its debtor counsel.
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