Advanced Sports Enterprises, Inc. – Tennis and Skiing Powerhouse Head Buys Debtors’ Cycling Assets for $21.5mn in Heated Auction Marked By Accusations of Foul Play

January 17, 2019 – The Debtors notified the Court hearing the Advanced Sports Enterprises case that, further to an auction held on January 16, 2019, HTM USA HOLDINGS, LLC (“Head” or the “Buyer”) had been chosen as the successfull bidder (the “Successful Bidder”) in respect of a purchase of substantially all of the Debtors’ assets…