The owners of Fritz’s Bridgeport Harley-Davidson have sought bankruptcy protections while reorganizing the company.
Connecticut-based Fritz Blau Industries, Inc. filed for reorganization under Chapter 11. Executives expect to emerge from the bankruptcy without any disruption to any of their customers or business partners.
"Our family has been proudly serving Harley-Davidson riders for three generations. The recent recession has been very hard on our customers. As a result we have concluded that we must restructure under Chapter 11 to ensure uninterrupted service to all our customers who depend on us,” said president William F. Blau III. “To guide us through the Chapter 11 process, we have retained Alderman & Alderman, and will be working closely with Myles Alderman."
Harley Davidson Credit Corp. sued Fritz Blau Industries on contract claims last October in the federal district court in Connecticut (Case No. 3:2010cv01678).
The dealership sells Kymco scooters and Segway personal transporters as well.
The dealership was closed Thursday morning to address the business reorganization but expected to resume normal business hours today.
Posted by Holly Wagner