Tuesday, November 14, 2017

Bikram yoga guru seeks bankruptcy in wake of harassment claims | Reuters

Bikram Choudhury Yoga Inc, the studio that popularized doing yoga in sauna heat, has filed for U.S. Chapter 11 bankruptcy, dogged by $16.7 million in legal judgments and numerous lawsuits and allegations of sexual misconduct.

Founder Bikram Choudhury, who built a worldwide following with classes of 26 yoga postures in rooms heated to 105 degrees Fahrenheit (40.6°C), has been accused of sexual assault by his yoga practitioners, students, instructors and teacher trainees. 

The Simi Valley, California-based company said in a bankruptcy court filing on Thursday in the Central District of California that its liabilities were worth up to $50 million. It listed assets of up to $1 million, suggesting that its largest creditors - women who are owed money for court judgments awarded against Choudhury - will not be paid in full.

Bikram yoga guru seeks bankruptcy in wake of harassment claims | Reuters

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