Girls Gone Wild Files for Bankruptcy

Girls Gone Wild, the softcore video empire founded by Joseph Francis, has filed for bankruptcy after accruing millions of dollars in debt, mostly to casino mogul Steve Wynn.

The various incarnations of Girls Gone Wild, including GGW Brands LLC, GGW Direct LLC, GGW Events LLC and GGW Magazines LLC, filed for Chapter 11 bankruptcy protection Wednesday in U.S. Bankruptcy Court for the Central District of California in Los Angeles.

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