‘Girls Gone Wild’ Goes Bankrupt

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Girls Gone Wild” can now be called ‘Girls Gone Broke’ the company has filed Chapter 11. Those behind GGW say it will all be business as usual on the adult entertainment side of the company. Details inside.

TMZ reports that that lawyers for Girl Gone Wild have filed documents in the U.S. Bankruptcy Court. This will give the company protection from all of their creditors while they plan out how to handle all the debt. The filings include: GGW Magazine, GGW Events, and GGW Direct.

joe-francis

Girls Gone Wild says, “like American Airlines and General Motors having sought reorganization under Chapter 11.” GGW founder Joe Francis says that this is NOT affecting his personal wealth.

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