Professional men's golf league LIV Golf filed for Chapter 11 bankruptcy in New Jersey, saying it intended to restructure its business with a $49.6 million bankruptcy loan provided by the Public Investment Fund of Saudi Arabia. What happens now? ▻ ↧ LIV Golf files for Chapter 11 bankruptcy in New Jersey Professional men's golf league LIV Golf said it intended to restructure its business ‌with a $49.6 million bankruptcy loan provided by the Public Investment Fund of Saudi Arabia.