The courts and Spartan have reached an agreement in principal. The company is working quickly with the courts and creditors to get Tough Mudder back up and fully operational.
Obstacle Racing Media just received the following from Spartan Race HQ:
We’re actively engaged in discussions with the Chapter 11 trustee managing Tough Mudder through its Chapter 11 bankruptcy proceedings. We understand that Tough Mudder terminated its employees yesterday because it was no longer operating. After discussion with the Chapter 11 trustee, Spartan is in active discussions to onboard some ex-Tough Mudder employees to stand up as many events as possible after the company completes the sale of assets in its Chapter 11 case, which we hope and expect will take less than a month to complete.
Their talented team helped create one of the strongest fitness brands on the planet and we are excited to continue to journey with the same group that’s built an incredible brand.
Ultimately, the trustee and the courts still have to decide what is in the best interest of all the stakeholders. However, if all goes to Spartan’s current plan, the OCR community will get some Tough Mudder events in North America this year.
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