Atlanta-area travel management company Duluth Travel today filed for Chapter 11 bankruptcy protection in a bid for breathing room as it fights a legal battle with a regional rival. Duluth is appealing its loss in a breach of contract lawsuit by former partner AdTrav Travel Management.
The bankruptcy filing is a rare one for travel management companies, which normally seek buyers when things go south. In this case, the TMC's challenges appear to be more temporary than secular. Duluth serves leisure, corporate, incentive and public-sector clients — including the U.S. federal departments of Defense, Interior and Veterans . . .