Judge Delays Final OK For Almond Grower's Ch. 11 Loan

By Rick Archer · March 7, 2024, 6:20 PM EST

A California bankruptcy judge Thursday pushed back final approval of $30 million in Chapter 11 financing for almond grower Trinitas Farming by at least another week, saying more time is needed...

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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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