A federal bankruptcy court judge in Alexandria, VA, will determine a bankrupt specialty fitness/bike retail chain’s request to obtain debtor-in-possession financing from its principal lender, Sonabank, N.A. Fitness Resource, Inc., based in Sterling, VA, filed for Chap. 11 bankruptcy protection earlier this month. Headed by David Nees, the retailer was founded in 1971 and operated as many as 15 doors in VA, MD and GA.

Filed court documents do not detail the company’s exact assets and ... Log in to view full article.