The exterior of Legendary Whitetails is seen Monday
morning in Slinger.
John Ehlke/Daily News Staff
SLINGER — Legendary Whitetails, known worldwide as a
prestigious outfitter of hunters and others who enjoy
the outdoors, is now under receivership.
Company President Greg Huffman said the company filed
for Chapter 128 Receivership in Washington County
Circuit Court on March 4.
“The assets of the company as part of the Chapter 128
process have been turned over to a receiver, Michael
Polsky of Milwaukee,” Huffman said. “He is the guy who
is calling the shots on this now.”
According to an article on the State Bar Association of
Wisconsin’s website written by attorney Jeffrey Murrell,
“the trustee’s role is to be a neutral third-party
caretaker for the collection and distribution of
payments to the listed creditors.”
Huffman said the company is still accepting consumer
orders at this time.
Legendary Whitetails is a family-owned, American
clothing company that designs and sells everyday
apparel, gifts, and gear for deer hunters and their
families. Legendary Whitetails was established in 1999
as a direct-to-consumer catalog and internet retailer.
The company was founded in 1999 by Greg Huffman’s
father, Larry Huffman.
In November 2015 the company closed on the purchase of
its current office building at 850 Enterprise Drive for
$600,000 from Cedar Lake United Educators, which had
used the building for its offices, but the union merged
with the Wisconsin Education Council. The company’s
manufacturing-distribution facility is next door at 820
According to the State Bar website article, in Chapter
128, much as in federal Chapter 13 “wage earners”
bankruptcy, a person or company may amortize problem
debts through a deliberate and scheduled repayment plan.
“The statute empowers a circuit court to appoint a
trustee to administer the debtor’s estate and to issue a
protective order that forces most types of creditors to
accept remittance via monthly payments over a period as
long as three years,” said the article. “This
arrangement becomes binding even if the creditor and
debtor have a contract that dictates different terms.”
According to information on the website, the Wisconsin
alternative “provides much faster and easier, and, often
more preferable debt relief than does federal bankruptcy
laws.” The website said “the operation of this (state)
law stops interest from accruing on credit cards and
similar debts even though this process is not expressly
provided by the statute’s language.”
There have been unsuccessful court challenges to the
state’s Chapter 128 law based on tit is “pre-empted by
federal bankruptcy jurisdiction.”
Polsky did not respond to phone messages in time to be
included in this story.
<<EARLIER: Slinger company commits $1 million to promote