P&P Sporting Goods, doing business as Everett Sports Center in Concord, NH, was put into Chap. 7 bankruptcy by its lender, ESC Investments, last month. The business, headed by David Palisi, president, and his brother, Robert Palisi, realized a 66% drop in FY11 revenues to $801,349 from $1,330,643 in FY10. The petition lists $242,975 in assets. Liabilities total $1,771,585, including $932,657 owed ... Log in to view full article.