Almond Grower's Early Ch. 11 Motions Get Wary OK

By Clara Geoghegan · February 22, 2024, 9:11 PM EST

A California bankruptcy judge gave cautious approval to a series of first day motions in the Chapter 11 case of almond grower Trinitas Farming LLC Thursday, saying he was wary of...

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Bankruptcy Scorecard

Summary

A California almond ranch and 18 of its affiliates, which were started by a private equity firm, filed for bankruptcy with plans to use a debtor-in-possession loan to maintain its young orchards while finds buyers for its 17 almond ranches. .

Case Number

24-bk-50211

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the Northern District of California

Capital Structure

Total Liabilities:

$188 million

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Case Information

Case Title

Trinitas Farming, LLC

Case Number

5:24-bk-50210

Court

California Northern

Nature of Suit

Date Filed

February 19, 2024