Legacy Toys files for Chapter 11 bankruptcy

Legacy Toys files for Chapter 11 bankruptcy

FARGO — Minnesota-based Legacy Toys has filed for bankruptcy. Voltz Inc., doing business as Legacy Toys, filed for Chapter 11 bankruptcy on June 25, according to court records. Brad Ruoho and his wife, Mistaya, launched the brand in 2012 in Ely, Minnesota. They expanded a couple years later to include a larger flagship store in Duluth. The couple opened a store in the West Acres Shopping Center in 2017. In 2021, Legacy relocated in the mall to t…

Dr. Phil’s Merit Street Media Declares Bankruptcy, Sues Partner

Well, folks, it looks like even Dr. Phil’s media empire couldn’t dodge the harsh realities of a tough market as Merit Street Media, launched with high hopes, has crashed into bankruptcy just months after its debut. Based in Fort Worth, Texas, Merit Street Media, which kicked off operations in early 2024, has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court’s North Texas Division while simultaneously launching a lawsuit against Trinit…