Gatecrasher’s "America’s Polo Cup" Filed for Bankruptcy

This bankruptcy filing is for the Polo Club itself. Oasis Winey filed for bankruptcy last year.

October 2, 2010

HARRISONBURG, Va. – Alleged White House gate crasher  Tareq Salahi‘s polo club has filed for bankruptcy.
The Northern Virginia Daily reports that America’s Polo Cup Inc. filed for Chapter 7 in U.S. Bankruptcy Court on Sept. 13.
The petition says America’s Polo Cup grossed more than $400,000 in 2008 and 2009 but slightly more than $50,000 this year.
It lists $67,000 in assets–all in the form of money owed to the company–and $329,850 in debts, including more than $304,000 for catering that is the subject of a civil lawsuit.
A winery business owned by Salahi filed bankruptcy in 2009.

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