October 24, 2023
A Delaware bankruptcy judge Tuesday approved indoor produce grower AeroFarms Inc.'s Chapter 11 liquidation plan after it agreed to remove what the judge said were involuntary creditor releases of claims against third parties.
October 19, 2023
The Office of the U.S. Trustee objected to confirmation of indoor produce grower AeroFarms Inc.'s bankruptcy plan, saying the New Jersey-based business included releases of third-party liabilities without consent in its Chapter 11 exit proposal.
August 03, 2023
New Jersey-based AeroFarms received permission from a Delaware bankruptcy judge Thursday to take out another $10 million in Chapter 11 financing to keep the indoor produce-growing venture running until it can close a sale later this month.
June 08, 2023
New Jersey-based indoor produce-growing venture AeroFarms filed for Chapter 11 protection in Delaware bankruptcy court Thursday with just under $32.5 million in debt, saying it has been unable to raise the funds it needs for its capital-intensive business.