LIV Golf files bankruptcy plan and sets sight on January liquidation

LIV Golf filed a Chapter 11 bankruptcy plan with a New Jersey court Tuesday, along with a proposed schedule for a final hearing on its disclosure statement on Jan. 7 that would begin liquidation. LIV Golf filed for bankruptcy on Sept. 8 after the Public Investment Fund of Saudi Arabia, which had bankrolled the breakaway league from the start, said a change in strategy meant it would no longer fund LIV after the 2026 season. The bankruptcy plan calls for an orderly wind-down of LIV. The restructu

Source: The Korea Herald