NYSC Gym Owner Settles Billing Dispute, Wins Bankruptcy Approval

Town Sports International Holdings, the operator of New York Sports Clubs, had its bankruptcy plan approved after settling objections from two states over its billing of members while its gyms were closed during the Covid-19 pandemic.

Federal bankruptcy Judge Christopher Sontchi approved the company’s Chapter 11 plan Friday in a court filing. His decision was delayed earlier this week by attorneys general from Massachusetts and the District of Columbia, who objected that club members had been unfairly charged dues when the gyms were shut. Town Sports operated Washington Sports Clubs, Boston Sports Clubs as well as the Lucille ...