Fugitive Founder Reportedly Hides Out in Acapulco, Mexico.
Bikram Choudhury’s yoga business, which faces upwards of $10 million in liabilities, filed for bankruptcy last week. One lawyer calls the move another “attempt to game” the US judicial system.
NOV 15, 2017, Yoga Journal
Bikram Choudhury Yoga has filed for bankruptcy as it faces more than $16 million in legal judgments, as well as allegations of sexual harassment and assault against Bikram Yoga founder Bikram Choudhury. The company said in a bankruptcy court filing last Thursday that it was facing estimated liabilities between $10 million and $50 million, and listed estimated assets of between $0 and $50,000, court papers show.