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Titans of Mavericks, one of the most thrilling and pulse-pounding surfing competitions on the planet, will not be taking place this year, according to The New York Times.

The reported cancellation comes on the heels of Cartel Management Inc. and Titans of Mavericks LLC, the contest’s two main organizing entities, filing for Chapter 11 bankruptcy earlier this week.

In a statement sent out Wednesday, the entities said they had lost  …  More

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