Elite Performance Training, LLC, a sports performance and athletic training provider based in Frisco, Texas, has voluntarily initiated a Chapter 11 bankruptcy process. Court records indicate that the company’s estimated liabilities significantly exceed its estimated assets. The petition was officially submitted on September 4, 2026, and is currently being handled by the U.S. Bankruptcy Court for the Eastern District of Texas.
The company opted for Subchapter V, a provision designed to provide a streamlined process for qualifying small business debtors. This filing type allows businesses to reorganize their debts while continuing operations under court supervision. DeLu Jackson, the company’s president and chief executive officer, signed the petition prior to its submission.
Attorney Peter C. Lewis of Scheef & Stone, LLP, is representing the company in the proceedings.
According to the court documents, the company’s estimated assets range between $100,001 and $500,000. In contrast, its estimated liabilities are listed between $1,000,001 and $10 million. The petition identifies an estimated number of creditors ranging from 200 to 999.
The filing records indicate that funds will be available for the company’s unsecured creditors. A list of creditors with the largest unsecured claims includes SPC at The Star, LLC, Parker Performance Institute, Cizzle Brands Inc., FloWater, Inc., and Austin Allen.
Elite Performance Training operates a 55,000-square-foot facility located at The Star. The company provides services including youth athletic development, adult fitness, high-performance training, performance testing, skills training, recovery, and nutrition. The facility features a 60-yard indoor and outdoor turf field, a sports science lab, a recovery suite, an NBA-regulation basketball court, and a performance nutrition bar.
