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Today. Cartel management filed for chapter 11 bankruptcy yesterday. The documents show the company has more than 1. 8 million in estimated liabilities with less than a 1 million in assets. Surfing community was blindsided. Conditions were ideal last week but the contest was never called. There was definitely some confusion. People were frustrated because conditions were perfect. It was ideal on thursday and everyone was here and it was a beautiful day. So, um yeah, there was some concern, but there wasnt direct communication so we didnt know. A person close to the management said Cartel Management that took over permits as well, and surf legend jeff clark started the contest in 1998 but clark and others who run the actual contest havent spoken to Cartel Management in months. Michelle cleave is friends with jeff clark and others in the
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