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Blountstown dominates Northview at home

J.Rodriguez2 hr ago
Fluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup Less than two months after Fluid Truck's board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee. Fluid has also been approved on an interim basis as of today for a $7 million loan to keep the business operational and fund the restructuring and sale process through the end of the year. The bankruptcy filing in a Delaware court comes as the company's losses mount and it faces several lawsuits, including a class action filed on October 10 in Colorado, after it allegedly failed to pay money owed to members of its Fluid Vehicle Investor Program (FVIP) - a program that allowed individuals, including employees, and small business owners to purchase fleets of vans and trucks to be rented out on the platform under Fluid's management.

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