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One of New Jersey’s oldest craft breweries has filed for bankruptcy, deep in debt months after a merger deal with another South Jersey brewery fell through. The Flying Fish Brewery Company of Somerdale filed for Chapter 11 bankruptcy protection on Thursday, citing $1.3 million in assets against $9.3 million in liabilities. The company also noted a steep drop in revenue in 2023 to $3.1 million, down from $4 million in 2022, according to the filing. Earlier this year, Flying Fish appeared close to a merger with another South Jersey beermaker, Cape May Brewing. But the deal fell through over the …

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