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Nitro Fluids, LLC, Debtor
Case Number:
6:24-bk-60018
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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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.
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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.
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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.