Nirvana, a Forestport, N.Y.-based water bottling company, and affiliates Millers Wood Development, Nirvana Transport and Nirvana Warehousing, on June 3 filed for chapter 11 protection, TheStreet.com reported yesterday. Bankruptcy Judge Diane Davis on June 4 granted joint administration of the cases as well as interim use of cash collateral. A final hearing is set for June 15. According to a first-day affidavit from president and co-founder Mozafar Rafizadeh, the company hopes to sell its assets through a competitive bidding process, but it has yet to file a bidding procedures motion.
