Florida bankruptcy filing for Nippers Beach Grille
Restaurants are expensive to operate. When Nippers Beach Grille of Jacksonville, Florida clientele fell off following a fatal shooting it required a Florida Bankruptcy attorney to save the remains and a place of employment for the restaurant’s employees.
The State Attorney’s Office announced that the fatal shooting at Nippers Beach Grille is justified. The Jacksonville Beach shooting killed Black Piston biker Zachariah Tipton. State attorney said, based on the surveillance video, it appears to have been a planned confrontation on another biker at the restaurant. That biker, Kristopher Stone, was a member of the Iron Order.
It is hard to believe that one night can really turn a business around – and not for the better. That one night has forced a popular Florida restaurant and bar to visit a local bankruptcy attorney for help. The result has been the filing of a bankruptcy case in order to remain in business. Nippers Beach Grille is a beach restaurant and bar located in Jacksonville, Florida. The owner, Rudy Theale, has been growing the business since 2001. Sales were trending upward. That all changed on June 26th, 2014. That tragic night resulted in a deadly shooting in the restaurant parking lot. A man was dead due to the shooting.
Business went downhill as expected
The ninety days after the shooting at Jacksonville’s Nippers Beach Grille resulted in a large drop in revenue. A restaurant is expensive to operate. A drop in revenue spells the end for many restaurants. The food service industry is one of the most competitive in our country. Especially in tourist driven Florida. The loss of business forced the owner to take on additional debt to stay afloat. Finally, the owner was left with no choice. Visit a Florida bankruptcy lawyer or go out of business.
The result was the filing of a Chapter 11 bankruptcy case. Nippers Beach Grille creditors are owed more than $1.1 million according to the bankruptcy filing. The owner of Nippers Beach Grille is trying to sell the restaurant. He wants all his customers to know the restaurant will remain in business.
Restaurant Shooting with More Victims than the Deceased
The employees and their families became victims of the shooting too! Fortunately, the employees have retained their jobs and continue to collect their paychecks. The bankruptcy filing has been critical to keep Nippers in business. The work of the bankruptcy attorney is critical. One tragic event can change everything. Thanks to the bankruptcy filing, the owner hopes this popular hangout will be around for many more years to come. The employees and customers are counting on the bankruptcy attorney to make the bankruptcy filing a success.