Facing financial strain, Michael Johnson’s GST, through its newly appointed insolvency firm Levene, Neale, Bender, Yoo & Golubchik LLP, issued letters to vendors demanding they accept 50% of the league’s outstanding dues or risk GST filing for bankruptcy protection. The ultimatum stunned small vendors as well as the athletes who helped the league. However, before any consent was secured, World Athletics released its own statement, intensifying the fallout.

With nearly $19 million in debt, GST’s administrators recently issued letters to vendors proposing a 50% settlement, asking them to provide consent by December 5 to avoid the league entering bankruptcy protection. GST aims to return next season and is taking every measure to stay afloat. But as the letters reached vendors and athletes,

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