Showing posts with label Bikram Choudhury Yoga Inc. Show all posts
Showing posts with label Bikram Choudhury Yoga Inc. Show all posts

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