Nitro Fluids, LLC, Debtor

6:24-bk-60018

May 20, 2024
Red Lobster Filing, Giuliani Deal, New Jersey's Rise As Venue

Seafood restaurant chain Red Lobster filed for bankruptcy in Florida with $294 million in funded debt after a failed "endless shrimp" promotion, Rudy Giuliani and two election workers who sued him for defamation said they were close to a deal to resolve a lawsuit filed in his bankruptcy case, and a top New Jersey judge disclosed the Garden State was the second-busiest bankruptcy venue over the past year.
May 17, 2024
AI Staffing Co., Payday Lender Lead Week's Mid-Cap Ch. 11s

Bankruptcy courts saw a flurry of filings this week from mid-cap companies, encompassing everything from old-school grocers to the vanguard of the AI industry.
May 16, 2024
Fracking Services Co. Nitro Hits Ch. 11 After IP Trial Loss

Oil and gas fracking services provider Nitro Fluids LLC filed for Chapter 11 protection in a Texas bankruptcy court with more than $50 million in debt, months after a jury found it had infringed another company's patents.