Nimbus Brewing Files Chapter 11 Bankruptcy

Tucson’s Nimbus Brewing Co. has filed for Chapter 11 bankruptcy reorganization.

The owner of the brewery, Jim Counts, also filed for personal bankruptcy.

Counts expects a successful reorganization. In its bankruptcy filing, the company reported total debts of $161,840 and total assets of $906,540.

Counts attributes the company’s financial difficulties to trouble with gas meters at its brewery and bar at 3850 E. 44th St. in August 2011 and conflict with his former partner at his restaurant, Nimbus American Bistro & Brewery, 6464 E. Tanque Verde Road, around the same time.

"Basically, everyone in the world wants to sue you these days, and nobody wants to work it out," Counts said. "It became so much money out to attorneys and so much stress and time, I couldn’t even run my business."