The now-defunct National Fish and Seafood, which was sold to NSD Seafood in May, has filed for bankruptcy in order to pay back hundreds of creditors.

NFS filed for Chapter 7 bankruptcy with a US bankruptcy court for the district of Massachusetts on May 29.

In the filing, the company confirmed that after "any administrative expenses are paid, no funds will be available to unsecured creditors," which are estimated to be between 200-299.

The company owes the most to its former lender Rabobank, at around $73 million (€64.8