Bankruptcy filings threaten to wipe out this season’s Mavericks surfing contest

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LOS ANGELES — Two companies that manage the Mavericks big wave contest in Northern California are seeking to restructure their debts in bankruptcy court, raising questions about whether the world-famous surfing event will happen this year. Cartel Management Inc. and Titans of Mavericks LLC filed for Chapter 11 bankruptcy in the Los Angeles division of U.S.…

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