Elite Performance Training, LLC has voluntarily initiated a Chapter 11 bankruptcy process. The Frisco, Texas-based company operates as a sports performance and athletic training services provider. Court records show that the company’s estimated liabilities exceed its estimated assets.
Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. Elite Performance Training, LLC has filed for Chapter 11 subchapter V, which provides a streamlined Chapter 11 process for qualifying small business debtors. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.
Elite Performance Training, LLC Files for Chapter 11
According to PACER records, the company officially submitted its petition on September 4, 2026. The proceedings are currently being handled in the U.S. Bankruptcy Court for the Eastern District of Texas. Attorney Peter C. Lewis of Scheef & Stone, LLP is legally representing the company.
Court records identify Elite Performance Training, LLC as a small business debtor, adding that it opted for the filing using Subchapter V. This provision for small businesses is aimed at completing their case’s requirements in a more streamlined manner than traditional Chapter 11 cases.
DeLu Jackson, the company’s president and chief executive officer, signed the petition before it was filed.
Highlights from the Petition
As per court records, the estimated range of assets of Elite Performance Training, LLC is between $100,000 and $500,000. On the other hand, the company’s estimated liabilities are between $1 million and $10 million.
The company also submitted a list of creditors who made the largest unsecured claims. These include SPC at The Star, LLC, Parker Performance Institute, Cizzle Brands Inc., FloWater, Inc., Austin Allen, and others.
The filing records indicate that funds will be available for the company’s unsecured creditors.
The petition’s details are further shared here in a summarized manner:
- Filing Date: September 4, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Eastern District of Texas
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-43127
- Estimated Assets: Between $100,001 and $500,000
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: Between 200 and 999
About the Company
Elite Performance Training (EPT) is an athletic performance and training company serving athletes and individuals at different levels. The company operates a 55,000-square-foot facility at The Star. Services include youth athletic development, adult fitness, high-performance training, performance testing, skills training, recovery, and nutrition services.
The company’s website mentions that its facility features a 60-yard indoor/outdoor turf field. Other offerings are provided through a sports science lab, recovery suite, NBA-regulation basketball court, and performance nutrition bar.
According to its website, the company trains more than 300 professional athletes annually. The company also serves youth athletes ages 8 and older through its long-term athletic development programs.
As the case progresses, the company is expected to continue operations under the supervision of the court.
