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Live Aquaria Bankrupt?!!

Discussion in 'General Discussion' started by Waterrat41, Nov 5, 2025 at 10:43 AM.

  1. Waterrat41 Addicted Reefer GIRS Member

    304
    Des moines
    Ratings:
    +147 / 1 / -0
    Seeing things online stating Live Aquaria filed bankruptcy, website was down for a while, now back with a 20% weresorru discount code. Apparently they are not answering the phones. Some reports of some livestock possibly abandoned....this is crazy!
    Anybody have any recent transactions or experiences with them?
     
  2. BrandonD32 Well-Known ReefKeeper GIRS Member

    660
    Coralville, IA
    Ratings:
    +74 / 3 / -0
    The livestock is not abandoned in a sense that it's not being taken care of.

    "Thats not what abandonment means in a legal sense. They were trying to convince the court that the animals were a liability and they would continue to lose money taking care of them, and thus would not help the case if they remained under LA care. Basically, they aren't assets that should be valued when assessing what remains after bankruptcy since theyre losing money with them. Abandonment of "property" like this means they are relinquishing it to the court so it becomes the Government's responsibility, allowing the government to step in and allow outside parties to purchase or distribute them out."

    The 20% off promo also ended yesterday. There were a lot of people in the past 2 weeks or so that did not receive their fish shipments. It seems that it is back up and they are liquidating what's left. I ordered a bunch of mysis and it arrived at my house. Not sure I'd trust livestock though.
     
  3. Waterrat41 Addicted Reefer GIRS Member

    304
    Des moines
    Ratings:
    +147 / 1 / -0
    Thanks for clearing that up. I couldn't find much for solid facts, mostly hearsay and second hand stuff. I know LA was a major player for quite a while.
     

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