Bankruptcy News

We've summarized the latest docket activity and news for publicly traded companies currently operating under U.S. Bankruptcy Court protection.

Bankruptcy/Chapter 11 / Materials

BioNitrogen Holdings Chapter 11 Petition Filed

BioNitrogen Holdings and six affiliated Debtors filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Florida, case number 15-29505. The Company, which is a clean-tech company that utilizes patented and proprietary technology to biomass materials into high quality bulk urea, is represented by Jacqueline Calderin of Ehrenstein Charbonneau Calderin. In September 2015, Carlos Contreras, BioNitrogen Holdings' chairman and C.E.O. stated, "Our focus has been on restructuring the company to reduce costs and establish a solid foundation with the right leadership and partners. We strongly believe that Company's potential has changed for the better with overseas interest on our technology and processes."

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