July 28, 2022
The liquidating trustee of Pipeline Foods LLC has sued the bankrupt organic food supplier's former controller in Delaware bankruptcy court, alleging that agribusiness hedge fund Amerra Capital Management LLC and company executives knowingly misstated the value of inventory to get millions in loans that weren't fully backed.
March 01, 2022
A Delaware bankruptcy judge Tuesday approved the liquidation of bankrupt organic food distributor Pipeline Foods after praising the secured and unsecured creditors for cooperating on a plan to split the company's remaining assets.