Flywheel Sports: Flywheel Sports, with a Union Station location, files for bankruptcy

Flywheel Sports Inc., which offered spin classes at its fitness studios around the country, has filed for Chapter 7 bankruptcy with plans to permanently close. The company, headquartered in New York City in the Flatiron District, was founded in 2010. In its bankruptcy filing, Flywheel Sports Inc. estimated it has between 1,000 to 5,000 creditors. It estimated it has between $10 million and $50 million in assets and between $50 million and $100 million in liabilities. Travis Frenzel, the company's...